Financial Report
February 2020
Balance Sheet
February 2020
| Balance Sheet February 29, 2020 | ||
|---|---|---|
| GENERAL FUND |
||
| ASSETS | ||
| Cash – Iberia Operating | 64256.59 | |
| Undeposited Cash | 6590.02 | |
| Investments – Iberia Money Market | 734290.32 | |
| Prepaid Items | 4375 | |
| TOTAL ASSETS | 809511.93 | |
| LIABILITIES AND FUND BALANCES | ||
| LIABILITIES | ||
| Accounts Payable | 7966.34 | |
| TOTAL LIABILITIES | 7966.34 | |
| FUND BALANCES | ||
| Nonspendable | ||
| Prepaid Items | 4375 | |
| Restricted | ||
| Debt Service | 0 | |
| Assigned | ||
| Reserves – Bulkheads | 3032.5 | |
| Reserves – Roadways | 91999.81 | |
| Unassigned | ||
| Unassigned | 695548.26 | |
| TOTAL FUND BALANCES | 794955.57 | |
| TOTAL LIABILITIES AND FUND BALANCES | 802921.91 |
Revenue Report
February 2020
| HERITAGE PALMS | |||||
|---|---|---|---|---|---|
| COMMUNITY DEVELOPMENT DISTRICT | |||||
| Non-Ad Valorem Special Assessments | |||||
| (Lee County Tax Collector – Monthly Collection Distributions) | |||||
| Fiscal Year Ending September 30, 2020 | |||||
| GROSS ASSESSMENTS LEVIED | 498600 | ||||
| 1 | |||||
| ALLOCATION | |||||
| Distribution | Gross Amount Received | Discount/ (Penalties) | Collection Cost | Net Amount Received | General Fund |
| October | 0 | 0 | 0 | 0 | 0 |
| November | 13503.02 | -572.92 | 0 | 12930.1 | 13503.02 |
| 156817.46 | -6268.28 | -1205 | 149344.18 | 156817.46 | |
| December | 232200 | -9288 | -1204.95 | 221707.05 | 232200 |
| 40635.54 | -1498.82 | 0 | 39136.72 | 40635.54 | |
| January | 16263.39 | -490.91 | 0 | 15772.48 | 16263.39 |
| February | 15509.01 | -336.7 | 0 | 15172.31 | 15509.01 |
| March | 0 | 0 | 0 | 0 | 0 |
| April | 0 | 0 | 0 | 0 | 0 |
| May | 0 | 0 | 0 | 0 | 0 |
| June | 0 | 0 | 0 | 0 | 0 |
| July | 0 | 0 | 0 | 0 | 0 |
| August | 0 | 0 | 0 | 0 | 0 |
| September | 0 | 0 | 0 | 0 | 0 |
| TOTAL | 474928.42 | -18455.63 | -2409.95 | 454062.84 | 474928.42 |
| BALANCE REMAINING | 23671.58 | ||||
| TOTAL ASSESSMENTS | 498600 | PERCENT COLLECTED | 0.95252390693943 |
Investment Report
February 2020
| HERITAGE PALMS COMMUNITY DEVELOPMENT DISTRICT | ||||
|---|---|---|---|---|
| Cash and Investment Report | ||||
| Account Name | Bank Name | Yield | Balance | |
| GENERAL FUND | ||||
| Checking – Operating Fund (1883) | Iberia | 0.0085 | 68556.9 | |
| Money Market Account (1891) | Iberia | 0.0126 | 734290.32 | |
| TOTAL | 802847.22 | |||
