The Villages VCCDD
Recreation and Amenities Division (RAD)
Revenues and Disbursements, 2003A - 2005B
					2003 FY	2004 FY	2004 FY	2005 FY	Two Year
US$millions					Actual	Adopted	Projected	Adopted	Ave. Annual
						Budget	Actual	Budget	% Increase
					A	B	C	D	E
1		Revenues
2		Amenity Fees			$      19.5	$      23.0	$      22.6	$      27.0	19%
3		All Other			4.3	3.9	4.1	4.3	0%
4		Total			23.8	26.9	26.7	31.3	16%
5
6
7		Disbursements
8		Maintenance/Admin			$      12.8	$      12.8	$      12.9	$      15.1	9%
9		Debt Service			11.0	13.3	13.8	16.2	24%
10		Total			23.8	26.1	26.7	31.3	16%
11
12
13		Surplus/Deficit(-)			$         0.0	$         0.8	$         0.0	$         0.0	-
14
15
16		Use Of Amenity Fees
17		Debt Service as Percent			56.4%	57.8%	61.1%	60.0%	-
18
19
20		Estimated Monthly Amenity Fee Dollars Used For:
21		Maintenance/Admin			$    45.33	$    45.97	$    42.44	$    45.60	0%
22		Debt Service			$    58.67	$    63.03	$    66.56	$    68.40	8%
23		Total (Estimated)			$  104.00	$  109.00	$  109.00	$  114.00	5%
		Source:  VCCDD Financial Department, RAD Budget Statements, September 16, 2004
		VCCDD03-05BudgetSum