Southern Grove Community Development Districts #1-10

Proposed Budget For Fiscal Year 2025/2026
October 1, 2025 - September 30, 2026

CONTENTS

1-2	PROPOSED BUDGET-CDD 1-10
3-4	PROPOSED BUDGET-RECAP CDD 1-10 FY25 COMPARISON
5-6	PROPOSED BUDGET-CDD 1
7-8	PROPOSED BUDGET-CDD 2
9-10	PROPOSED BUDGET-CDD 3
11-12 PROPOSED BUDGET-CDD 4
13-14 PROPOSED BUDGET-CDD 5
15-16 PROPOSED BUDGET-CDD 6
17-18 PROPOSED BUDGET-CDD 7
19-20 PROPOSED BUDGET-CDD 8
21-22 PROPOSED BUDGET-CDD 9
23-24 PROPOSED BUDGET-CDD 10
PROPOSED OPERATIONS & MAINTENANCE ASSESSMENTS
PROPOSED DEBT SERVICE FUND BUDGET- CDD 1-10
27-28 PROPOSED DEBT ASSESSMENTS

	CDD 1	CDD 2			CDD 3			CDD 4			CDD 5			CDD 6			CDD 7			CDD 8			CDD 9			CDD 10			TOTAL		

 REVENUES													
ON-ROLL ASSESSMENTS - DEBT	$	26,302.67	$	352,709.93	$	371,442.29	$	419,019.17	$	475,768.83	$	178,123.21	$	419,019.17	$	371,442.29	$	178,123.21	$	378,349.50	$	3,170,300.27	
ON-ROLL ASSESSMENTS - Admin	$	75,162.18	$	75,162.18	$	75,162.18	$	75,162.18	$	75,162.18	$	75,162.18	$	75,162.18	$	75,162.18	$	75,162.18	$	75,162.18	$	751,621.84	
ON-ROLL ASSESSMENTS - Maintenance	$	11,972.63	$	160,549.00	$	169,075.73	$	190,732.11	$	216,563.83	$	81,079.38	$	190,732.11	$	169,075.73	$	81,079.38	$	172,219.80	$	1,443,079.72	
OTHER REVENUES	$	1,244.49	$	16,688.16	$	17,574.47	$	19,825.53	$	22,510.59	$	8,427.74	$	19,825.53	$	17,574.47	$	8,427.74	$	17,901.28	$	150,000.00	
STORMWATER	$	9,955.90	$	133,505.31	$	140,595.75	$	158,604.22	$	180,084.71	$	67,421.96	$	158,604.22	$	140,595.75	$	67,421.96	$	143,210.22	$	1,200,000.00	
 CARRY OVER FUNDS FROM PRIOR YEAR		 $	- 	 $	- 	 $	- 	 $	- 	 $	- 	 $	- 	 $	- 	 $	- 	 $	- 	 $	- 	 $	- 	
 Total Revenues		 $  124,637.88 	 $  738,614.58 	 $  773,850.42 	 $  863,343.22 	 $	970,090.14 	 $  410,214.48 	 $  863,343.22 	 $  773,850.42 	 $  410,214.48 	 $	786,842.99 	 $  6,715,001.82 	

 EXPENDITURES - ADMIN													
ARBITRAGE REBATE FEE	$	650.00	$	650.00	$	650.00	$	650.00	$	650.00	$	650.00	$	650.00	$	650.00	$	650.00	$	650.00	$	6,500.00	
AUDIT	$	6,000.00	$	6,000.00	$	6,000.00	$	6,000.00	$	6,000.00	$	6,000.00	$	6,000.00	$	6,000.00	$	6,000.00	$	6,000.00	$	60,000.00	
DISSEMINATION AGENT	$	400.00	$	400.00	$	400.00	$	400.00	$	400.00	$	400.00	$	400.00	$	400.00	$	400.00	$	400.00	$	4,000.00	
DISTRICT COUNSEL	$	6,000.00	$	6,000.00	$	6,000.00	$	6,000.00	$	6,000.00	$	6,000.00	$	6,000.00	$	6,000.00	$	6,000.00	$	6,000.00	$	60,000.00	
MANAGEMENT	$	7,644.21	$	7,644.21	$	7,644.21	$	7,644.21	$	7,644.21	$	7,644.21	$	7,644.21	$	7,644.21	$	7,644.21	$	7,644.21	$	76,442.09	
ASSESSMENT ROLL	$	600.00	$	600.00	$	600.00	$	600.00	$	600.00	$	600.00	$	600.00	$	600.00	$	600.00	$	600.00	$	6,000.00	
TIF/SAD REBATE ANALYSIS	$	11,000.00	$	11,000.00	$	11,000.00	$	11,000.00	$	11,000.00	$	11,000.00	$	11,000.00	$	11,000.00	$	11,000.00	$	11,000.00	$	110,000.00	
DUES, LICENSES & FEES	$	175.00	$	175.00	$	175.00	$	175.00	$	175.00	$	175.00	$	175.00	$	175.00	$	175.00	$	175.00	$	1,750.00	
ENGINEERING	$	17,500.00	$	17,500.00	$	17,500.00	$	17,500.00	$	17,500.00	$	17,500.00	$	17,500.00	$	17,500.00	$	17,500.00	$	17,500.00	$	175,000.00	
GENERAL INSURANCE	$	6,500.00	$	6,500.00	$	6,500.00	$	6,500.00	$	6,500.00	$	6,500.00	$	6,500.00	$	6,500.00	$	6,500.00	$	6,500.00	$	65,000.00	
WEB SITE MAINTENANCE	$	750.00	$	750.00	$	750.00	$	750.00	$	750.00	$	750.00	$	750.00	$	750.00	$	750.00	$	750.00	$	7,500.00	
LEGAL ADVERTISING	$	530.00	$	530.00	$	530.00	$	530.00	$	530.00	$	530.00	$	530.00	$	530.00	$	530.00	$	530.00	$	5,300.00	
TRAVEL AND PER DIEM	$	60.00	$	60.00	$	60.00	$	60.00	$	60.00	$	60.00	$	60.00	$	60.00	$	60.00	$	60.00	$	600.00	
OFFICE SUPPLIES	$	140.00	$	140.00	$	140.00	$	140.00	$	140.00	$	140.00	$	140.00	$	140.00	$	140.00	$	140.00	$	1,400.00	
OFFICE RENT	$	2,200.00	$	2,200.00	$	2,200.00	$	2,200.00	$	2,200.00	$	2,200.00	$	2,200.00	$	2,200.00	$	2,200.00	$	2,200.00	$	22,000.00	
POSTAGE & SHIPPING	$	100.00	$	100.00	$	100.00	$	100.00	$	100.00	$	100.00	$	100.00	$	100.00	$	100.00	$	100.00	$	1,000.00	
COPIES	$	250.00	$	250.00	$	250.00	$	250.00	$	250.00	$	250.00	$	250.00	$	250.00	$	250.00	$	250.00	$	2,500.00	
SUPERVISOR FEES	$	2,400.00	$	2,400.00	$	2,400.00	$	2,400.00	$	2,400.00	$	2,400.00	$	2,400.00	$	2,400.00	$	2,400.00	$	2,400.00	$	24,000.00	
CONTINGENCY ADMIN	$	5,000.00	$	5,000.00	$	5,000.00	$	5,000.00	$	5,000.00	$	5,000.00	$	5,000.00	$	5,000.00	$	5,000.00	$	5,000.00	$	50,000.00	
TRUSTEE SERVICES	$	1,250.00	$	1,250.00	$	1,250.00	$	1,250.00	$	1,250.00	$	1,250.00	$	1,250.00	$	1,250.00	$	1,250.00	$	1,250.00	$	12,500.00	
TOTAL ADMINISTRATIVE EXPENSES	$	69,149.21	$	69,149.21	$	69,149.21	$	69,149.21	$	69,149.21	$	69,149.21	$	69,149.21	$	69,149.21	$	69,149.21	$	69,149.21	$	691,492.09	

	CDD 1	CDD 2		CDD 3	CDD 4	CDD 5	CDD 6	CDD 7	CDD 8	CDD 9	CDD 10	TOTAL	

EXPENDITURES - MAINTENANCE																							
AQUATIC MAINTENANCE		$	829.66		$	11,125.44		$	11,716.31		$	13,217.02		$	15,007.06		$	5,618.50		$	13,217.02		$	11,716.31		$	5,618.50		$	11,934.19		$	100,000.00	
BUILDING MAINTENANCE		$	1,659.32		$	22,250.88		$	23,432.63		$	26,434.04		$	30,014.12		$	11,236.99		$	26,434.04		$	23,432.63		$	11,236.99		$	23,868.37		$	200,000.00	
COMMUNITY AREA MAINTENANCE		$	1,451.90		$	19,469.52		$	20,503.55		$	23,129.78		$	26,262.35		$	9,832.37		$	23,129.78		$	20,503.55		$	9,832.37		$	20,884.82		$	175,000.00	
TIM OPERATIONS		$	5,392.78		$	72,315.37		$	76,156.03		$	85,910.62		$	97,545.88		$	36,520.23		$	85,910.62		$	76,156.03		$	36,520.23		$	77,572.20		$	650,000.00	
CONTINGENCY		$	1,244.49		$	16,688.16		$	17,574.47		$	19,825.53		$	22,510.59		$	8,427.74		$	19,825.53		$	17,574.47		$	8,427.74		$	17,901.28		$	150,000.00	
DEVELOPMENT COORDINATOR		$	276.97		$	3,714.04		$	3,911.30		$	4,412.28		$	5,009.86		$	1,875.64		$	4,412.28		$	3,911.30		$	1,875.64		$	3,984.03		$	33,383.34	
ELECTRIC		$	207.41		$	2,781.36		$	2,929.08		$	3,304.25		$	3,751.76		$	1,404.62		$	3,304.25		$	2,929.08		$	1,404.62		$	2,983.55		$	25,000.00	
ENGINEERING - MAINT.		$	1,451.90		$	19,469.52		$	20,503.55		$	23,129.78		$	26,262.35		$	9,832.37		$	23,129.78		$	20,503.55		$	9,832.37		$	20,884.82		$	175,000.00	
FIELD MANAGEMENT		$	1,470.57		$	19,719.85		$	20,767.16		$	23,427.17		$	26,600.01		$	9,958.79		$	23,427.17		$	20,767.16		$	9,958.79		$	21,153.34		$	177,250.00	
FOUNTAIN MAINTENANCE & CHEMICALS		$	33.19		$	445.02		$	468.65		$	528.68		$	600.28		$	224.74		$	528.68		$	468.65		$	224.74		$	477.37		$	4,000.00	
IRRIGATION PARTS & REPAIRS		$	165.93		$	2,225.09		$	2,343.26		$	2,643.40		$	3,001.41		$	1,123.70		$	2,643.40		$	2,343.26		$	1,123.70		$	2,386.84		$	20,000.00	
IRRIGATION WATER		$	16.59		$	222.51		$	234.33		$	264.34		$	300.14		$	112.37		$	264.34		$	234.33		$	112.37		$	238.68		$	2,000.00	
LANDSCAPE MAINTENANCE		$	2,746.17		$	36,825.21		$	38,780.99		$	43,748.33		$	49,673.37		$	18,597.22		$	43,748.33		$	38,780.99		$	18,597.22		$	39,502.15		$	331,000.00	
SIDEWALK CLEANING AND REPAIR		$	248.90		$	3,337.63		$	3,514.89		$	3,965.11		$	4,502.12		$	1,685.55		$	3,965.11		$	3,514.89		$	1,685.55		$	3,580.26		$	30,000.00	
SIGNAGE		$	82.97		$	1,112.54		$	1,171.63		$	1,321.70		$	1,500.71		$	561.85		$	1,321.70		$	1,171.63		$	561.85		$	1,193.42		$	10,000.00	
STORMWATER CONTROL		$	4,355.71		$	58,408.57		$	61,510.64		$	69,389.35		$	78,787.06		$	29,497.11		$	69,389.35		$	61,510.64		$	29,497.11		$	62,654.47		$	525,000.00	
STREETLIGHT MAINTENANCE AND REPAIR		$	165.93		$	2,225.09		$	2,343.26		$	2,643.40		$	3,001.41		$	1,123.70		$	2,643.40		$	2,343.26		$	1,123.70		$	2,386.84		$	20,000.00	
TREE/PLANT REPLACEMENT & TRIM		$	414.83		$	5,562.72		$	5,858.16		$	6,608.51		$	7,503.53		$	2,809.25		$	6,608.51		$	5,858.16		$	2,809.25		$	5,967.09		$	50,000.00	
TOTAL MAINTENANCE EXPENSES		$	22,215.21		$	297,898.55		$	313,719.89		$	353,903.29		$	401,834.02		$	150,442.74		$	353,903.29		$	313,719.89		$	150,442.74		$	319,553.72		$	2,677,633.34	
																							
Total Expenditures		$	91,364.42		$  367,047.76		$  382,869.10		$  423,052.50		$  470,983.23		$  219,591.94		$  423,052.50		$  382,869.10		$  219,591.94		$  388,702.93		$ 3,369,125.43	
																							
EXCESS / (SHORTFALL)		$	33,273.45		$  371,566.82		$  390,981.32		$  440,290.72		$  499,106.92		$  190,622.54		$  440,290.72		$  390,981.32		$  190,622.54		$  398,140.06		$ 3,345,876.40	

PAYMENTS TO TRUSTEE		
$  (24,198.45)		
$ (324,493.13)		
$ (341,726.91)		
$ (385,497.64)		
$  (437,707.33)		
$ (163,873.35)		
$ (385,497.64)		
$ (341,726.91)		
$ (163,873.35)		
$  (348,081.54)		
$ (2,916,676.25)	
BALANCE		$	9,075.00		$	47,073.69		$	49,254.42		$	54,793.08		$	61,399.59		$	26,749.18		$	54,793.08		$	49,254.42		$	26,749.18		$	50,058.52		$	429,200.15	

COUNTY APPRAISER & TAX COLLECTOR FEE		
$	(4,537.50)		
$	(23,536.84)		
$	(24,627.21)		
$	(27,396.54)		
$	(30,699.79)		
$	(13,374.59)		
$	(27,396.54)		
$	(24,627.21)		
$	(13,374.59)		
$	(25,029.26)		
$	(214,600.07)	
DISCOUNTS FOR EARLY PAYMENTS		$	(4,537.50)		$	(23,536.84)		$	(24,627.21)		$	(27,396.54)		$	(30,699.79)		$	(13,374.59)		$	(27,396.54)		$	(24,627.21)		$	(13,374.59)		$	(25,029.26)		$	(214,600.07)	
NET EXCESS / (SHORTFALL)		$	-		$	-		$	-		$	-		$	-		$	-		$	-		$	-		$	-		$	-		$	-	

SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT #1-10 RECAP FISCAL YEAR 2025/2026
OCTOBER 1, 2025- SEPTEMBER 30, 2026

	FISCAL YEAR	FISCAL YEAR	FISCAL YEAR		
	2024/2025
	ANNUAL BUDGET		2024/2025
 6 month Actuals 3/31/25 	2025/2026
  PROPOSED BUDGET 	
 COMMENTS		
 REVENUES	
ON-ROLL ASSESSMENTS - DEBT (Combined)	
3,259,002	
2,964,577	
3,170,300		
ON-ROLL ASSESSMENTS - Administrative	749,202	704,359	751,622		
ON-ROLL ASSESSMENTS - Maintenance	1,490,572	1,401,356	1,443,080		
STORMWATER	1,000,000	1,153,067	1,200,000		
OTHER INCOME	110,000	284,144	150,000		
 Total Revenues			 $	6,608,775 		 $	6,507,503 		 $	6,715,002 		
 EXPENDITURES - ADMIN	
ARBITRAGE FEE	
6,500	
0	
6,500	
No Change	
AUDIT	60,000	0	60,000	No Change	
DISSEMINATION AGENT	4,000	0	4,000	No Change	
DISTRICT COUNSEL	60,000	42,428	60,000	No Change	
MANAGEMENT	74,216	37,108	76,442	CPI increase per agreement	
ASSESSMENT ROLL	6,000	0	6,000	No Change	
TIF/SAD REBATE ANALYSIS	110,000	0	110,000	Funded by Other Income	
DUES, LICENSES & FEES	1,750	1,750	1,750	No Change	
ENGINEERING	175,000	208,911	175,000	No Change	
GENERAL INSURANCE	65,000	61,009	65,000	No Change	
WEB SITE MAINTENANCE	7,500	3,500	7,500	No Change	
LEGAL ADVERTISING	5,300	197	5,300	Increase	
TRAVEL AND PER DIEM	600	172	600	No Change	
OFFICE SUPPLIES	1,400	799	1,400	Increase	
OFFICE RENT	22,000	8,243	22,000	Increase	
POSTAGE & SHIPPING	1,000	137	1,000	Increase	
COPIES	2,500	0	2,500	Increase	
SUPERVISOR FEES	24,000	0	24,000	Increase	
CONTINGENCY ADMIN	50,000	24,983	50,000	No Change	
TRUSTEE SERVICES	12,500	8,278	12,500	No Change	
TOTAL ADMIN EXPENSES	689,266	397,515	691,492		

SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT #1-10 RECAP FISCAL YEAR 2025/2026
OCTOBER 1, 2025- SEPTEMBER 30, 2026

	FISCAL YEAR	FISCAL YEAR		FISCAL YEAR		
	2024/2025	2024/2025		2025/2026		
	ANNUAL BUDGET	6 month Actuals 3/31/25		PROPOSED BUDGET	 COMMENTS		
EXPENDITURES - MAINT		 				
AQUATIC MAINTENANCE		100,000	53,433		100,000	No Change	
BUILDING MAINTENANCE		200,000	0		200,000	No Change	
COMMUNITY AREA MAINTENANCE		75,000	44,524		175,000	Increase per estimate	
TIM OPERATIONS		750,000	0		650,000	Reduced per agreement	
CONTINGENCY		150,000	0		150,000	No Change	
DEVELOPMENT COORDINATOR		32,411	16,205		33,383	CPI increase per agreement	
ELECTRIC		25,000	564		25,000	No Change	
ENGINEERING - MAINT.		175,000	0		175,000	No Change	
FIELD MANAGEMENT		75,000	37,500		177,250	Estimate - Additional Maintenance Employee	
FOUNTAIN MAINTENANCE & CHEMICALS		4,000	1,920		4,000	No Change	
IRRIGATION PARTS & REPAIRS		20,000	4,305		20,000	No Change	
IRRIGATION WATER		2,000	0		2,000	No Change	
LANDSCAPE MAINTENANCE		331,000	180,479		331,000	No Change	
SIDEWALK CLEANING AND REPAIR		30,000	15,000		30,000	No Change	
SIGNAGE		10,000	0		10,000	No Change	
STORMWATER CONTROL		431,915	209,420		525,000	Increase per estimate	
STREETLIGHT MAINTENANCE AND REPAIR		20,000	232,940		20,000	No Change	
TREE/PLANT REPLACEMENT & TRIM		50,000	0		50,000	No Change	
TOTAL MAINTENANCE EXPENSES		2,481,326	796,290		2,677,633		

Total Expenditures		$	3,170,592	$	1,193,805		$	3,369,125		

 				
EXCESS / (SHORTFALL)		$	3,438,184	$	5,313,698		$	3,345,876		

PAYMENTS TO TRUSTEE		 
(2,998,282)	(2,722,491)		
(2,916,676)		
BALANCE		$	439,902	$	2,591,207		$	429,200		

COUNTY APPRAISER & TAX COLLECTOR FEE		 
(219,951)	(207,303)		(214,600)		
DISCOUNTS FOR EARLY PAYMENTS		(219,951)	(200,165)		(214,600)		
NET EXCESS / (SHORTFALL)		$	-	$	2,183,738		$	-		

	FISCAL YEAR		FISCAL YEAR	
	2024/2025		2025/2026	
		ANNUAL BUDGET				PROPOSED BUDGET		
REVENUES					
ON-ROLL ASSESSMENTS - DEBT		27,039		26,303	
ON-ROLL ASSESSMENTS - Admin		74,920		75,162	
ON-ROLL ASSESSMENTS - Maintenance		12,367		11,973	
DEVELOPER CONTRIBUTION/BONDS - TIM		913		1,244	
STORMWATER		8,297		9,956	
CARRY OVER FUNDS FROM PRIOR YEAR		0		0	
 Total Revenues			$	123,535		$	124,638	

EXPENDITURES - ADMIN					
ARBITRAGE FEE		650		650	
AUDIT		6,000		6,000	
DISSEMINATION AGENT		400		400	
DISTRICT COUNSEL		6,000		6,000	
MANAGEMENT		7,422		7,644	
ASSESSMENT ROLL		600		600	
TIF/SAD REBATE ANALYSIS		11,000		11,000	
DUES, LICENSES & FEES		175		175	
ENGINEERING		17,500		17,500	
GENERAL INSURANCE		6,500		6,500	
WEB SITE MAINTENANCE		750		750	
LEGAL ADVERTISING		530		530	
TRAVEL AND PER DIEM		60		60	
OFFICE SUPPLIES		140		140	
OFFICE RENT		2,200		2,200	
POSTAGE & SHIPPING		100		100	
COPIES		250		250	
SUPERVISOR FEES		2,400		2,400	
CONTINGENCY ADMIN		5,000		5,000	
TRUSTEE SERVICES		1,250		1,250	
TOTAL ADMIN EXPENSES		68,927		69,149	

	FISCAL YEAR			FISCAL YEAR	
	2024/2025			2025/2026	
	ANNUAL BUDGET			PROPOSED BUDGET	
EXPENDITURES - MAINT							
AQUATIC MAINTENANCE			830			830	
BUILDING MAINTENANCE			1,659			1,659	
COMMUNITY AREA MAINTENANCE			622			1,452	
TIM OPERATIONS			6,222			5,393	
CONTINGENCY			1,244			1,244	
DEVELOPMENT COORDINATOR			269			277	
ELECTRIC			207			207	
ENGINEERING - MAINT.			1,452			1,452	
FIELD MANAGEMENT			622			1,471	
FOUNTAIN MAINTENANCE & CHEMICALS			33			33	
IRRIGATION PARTS & REPAIRS			166			166	
IRRIGATION WATER			17			17	
LANDSCAPE MAINTENANCE			2,746			2,746	
SIDEWALK CLEANING AND REPAIR			249			249	
SIGNAGE			83			83	
STORMWATER CONTROL			3,583			4,356	
STREETLIGHT MAINTENANCE AND REPAIR			166			166	
TREE/PLANT REPLACEMENT & TRIM			415			415	
TOTAL MAINTENANCE EXPENSES			20,587			22,215	
							
Total Expenditures		$	89,513		$	91,364	
							
EXCESS / (SHORTFALL)		$	34,022		$	33,273	

PAYMENTS TO TRUSTEE			
(24,875)			
(24,198)	
BALANCE		$	9,146		$	9,075	

COUNTY APPRAISER & TAX COLLECTOR FEE			(4,573)			(4,537)	
DISCOUNTS FOR EARLY PAYMENTS			(4,573)			(4,537)	
NET EXCESS / (SHORTFALL)		$	-		$	-	

	FISCAL YEAR		FISCAL YEAR	
	2024/2025		2025/2026	
		ANNUAL BUDGET				PROPOSED BUDGET		
REVENUES					
ON-ROLL ASSESSMENTS - DEBT		362,578		352,710	
ON-ROLL ASSESSMENTS - Admin		74,920		75,162	
ON-ROLL ASSESSMENTS - Maintenance		165,833		160,549	
DEVELOPER CONTRIBUTION/BONDS - TIM		12,238		16,688	
STORMWATER		111,254		133,505	
CARRY OVER FUNDS FROM PRIOR YEAR		0		0	
 Total Revenues			$	726,824		$	738,615	

EXPENDITURES - ADMIN					
ARBITRAGE FEE		650		650	
AUDIT		6,000		6,000	
DISSEMINATION AGENT		400		400	
DISTRICT COUNSEL		6,000		6,000	
MANAGEMENT		7,422		7,644	
ASSESSMENT ROLL		600		600	
TIF/SAD REBATE ANALYSIS		11,000		11,000	
DUES, LICENSES & FEES		175		175	
ENGINEERING		17,500		17,500	
GENERAL INSURANCE		6,500		6,500	
WEB SITE MAINTENANCE		750		750	
LEGAL ADVERTISING		530		530	
TRAVEL AND PER DIEM		60		60	
OFFICE SUPPLIES		140		140	
OFFICE RENT		2,200		2,200	
POSTAGE & SHIPPING		100		100	
COPIES		250		250	
SUPERVISOR FEES		2,400		2,400	
CONTINGENCY ADMIN		5,000		5,000	
TRUSTEE SERVICES		1,250		1,250	
TOTAL ADMIN EXPENSES		68,927		69,149	

	FISCAL YEAR			FISCAL YEAR	
	2024/2025			2025/2026	
	ANNUAL BUDGET			PROPOSED BUDGET	
EXPENDITURES - MAINT							
AQUATIC MAINTENANCE			11,125			11,125	
BUILDING MAINTENANCE			22,251			22,251	
COMMUNITY AREA MAINTENANCE			8,344			19,470	
TIM OPERATIONS			83,441			72,315	
CONTINGENCY			16,688			16,688	
DEVELOPMENT COORDINATOR			3,606			3,714	
ELECTRIC			2,781			2,781	
ENGINEERING - MAINT.			19,470			19,470	
FIELD MANAGEMENT			8,344			19,720	
FOUNTAIN MAINTENANCE & CHEMICALS			445			445	
IRRIGATION PARTS & REPAIRS			2,225			2,225	
IRRIGATION WATER			223			223	
LANDSCAPE MAINTENANCE			36,825			36,825	
SIDEWALK CLEANING AND REPAIR			3,338			3,338	
SIGNAGE			1,113			1,113	
STORMWATER CONTROL			48,052			58,409	
STREETLIGHT MAINTENANCE AND REPAIR			2,225			2,225	
TREE/PLANT REPLACEMENT & TRIM			5,563			5,563	
TOTAL MAINTENANCE EXPENSES			276,058			297,899	
							
Total Expenditures		$	344,985		$	367,048	
							
EXCESS / (SHORTFALL)		$	381,839		$	371,567	

PAYMENTS TO TRUSTEE			
(333,572)			
(324,493)	
BALANCE		$	48,266		$	47,074	

COUNTY APPRAISER & TAX COLLECTOR FEE			(24,133)			(23,537)	
DISCOUNTS FOR EARLY PAYMENTS			(24,133)			(23,537)	
NET EXCESS / (SHORTFALL)		$	-		$	-	

	FISCAL YEAR		FISCAL YEAR	
	2024/2025		2025/2026	
		ANNUAL BUDGET				PROPOSED BUDGET		
REVENUES					
ON-ROLL ASSESSMENTS - DEBT		381,835		371,442	
ON-ROLL ASSESSMENTS - Admin		74,920		75,162	
ON-ROLL ASSESSMENTS - Maintenance		174,640		169,076	
DEVELOPER CONTRIBUTION/BONDS - TIM		12,888		17,574	
STORMWATER		117,163		140,596	
CARRY OVER FUNDS FROM PRIOR YEAR		0		0	
 Total Revenues			$	761,446		$	773,850	

EXPENDITURES - ADMIN					
ARBITRAGE FEE		650		650	
AUDIT		6,000		6,000	
DISSEMINATION AGENT		400		400	
DISTRICT COUNSEL		6,000		6,000	
MANAGEMENT		7,422		7,644	
ASSESSMENT ROLL		600		600	
TIF/SAD REBATE ANALYSIS		11,000		11,000	
DUES, LICENSES & FEES		175		175	
ENGINEERING		17,500		17,500	
GENERAL INSURANCE		6,500		6,500	
WEB SITE MAINTENANCE		750		750	
LEGAL ADVERTISING		530		530	
TRAVEL AND PER DIEM		60		60	
OFFICE SUPPLIES		140		140	
OFFICE RENT		2,200		2,200	
POSTAGE & SHIPPING		100		100	
COPIES		250		250	
SUPERVISOR FEES		2,400		2,400	
CONTINGENCY ADMIN		5,000		5,000	
TRUSTEE SERVICES		1,250		1,250	
TOTAL ADMIN EXPENSES		68,927		69,149	

	FISCAL YEAR			FISCAL YEAR	
	2024/2025			2025/2026	
	ANNUAL BUDGET			PROPOSED BUDGET	
EXPENDITURES - MAINT							
AQUATIC MAINTENANCE			11,716			11,716	
BUILDING MAINTENANCE			23,433			23,433	
COMMUNITY AREA MAINTENANCE			8,787			20,504	
TIM OPERATIONS			87,872			76,156	
CONTINGENCY			17,574			17,574	
DEVELOPMENT COORDINATOR			3,797			3,911	
ELECTRIC			2,929			2,929	
ENGINEERING - MAINT.			20,504			20,504	
FIELD MANAGEMENT			8,787			20,767	
FOUNTAIN MAINTENANCE & CHEMICALS			469			469	
IRRIGATION PARTS & REPAIRS			2,343			2,343	
IRRIGATION WATER			234			234	
LANDSCAPE MAINTENANCE			38,781			38,781	
SIDEWALK CLEANING AND REPAIR			3,515			3,515	
SIGNAGE			1,172			1,172	
STORMWATER CONTROL			50,605			61,511	
STREETLIGHT MAINTENANCE AND REPAIR			2,343			2,343	
TREE/PLANT REPLACEMENT & TRIM			5,858			5,858	
TOTAL MAINTENANCE EXPENSES			290,720			313,720	
							
Total Expenditures		$	359,646		$	382,869	
							
EXCESS / (SHORTFALL)		$	401,800		$	390,981	

PAYMENTS TO TRUSTEE			
(351,288)			
(341,727)	
BALANCE		$	50,512		$	49,254	

COUNTY APPRAISER & TAX COLLECTOR FEE			(25,256)			(24,627)	
DISCOUNTS FOR EARLY PAYMENTS			(25,256)			(24,627)	
NET EXCESS / (SHORTFALL)		$	-		$	-	

	FISCAL YEAR		FISCAL YEAR	
	2024/2025		2025/2026	
		ANNUAL BUDGET				PROPOSED BUDGET		
REVENUES					
ON-ROLL ASSESSMENTS - DEBT		430,743		419,019	
ON-ROLL ASSESSMENTS - Admin		74,920		75,162	
ON-ROLL ASSESSMENTS - Maintenance		197,009		190,732	
DEVELOPER CONTRIBUTION/BONDS - TIM		14,539		19,826	
STORMWATER		132,170		158,604	
CARRY OVER FUNDS FROM PRIOR YEAR		0		0	
 Total Revenues			$	849,381		$	863,343	

EXPENDITURES - ADMIN					
ARBITRAGE FEE		650		650	
AUDIT		6,000		6,000	
DISSEMINATION AGENT		400		400	
DISTRICT COUNSEL		6,000		6,000	
MANAGEMENT		7,422		7,644	
ASSESSMENT ROLL		600		600	
TIF/SAD REBATE ANALYSIS		11,000		11,000	
DUES, LICENSES & FEES		175		175	
ENGINEERING		17,500		17,500	
GENERAL INSURANCE		6,500		6,500	
WEB SITE MAINTENANCE		750		750	
LEGAL ADVERTISING		530		530	
TRAVEL AND PER DIEM		60		60	
OFFICE SUPPLIES		140		140	
OFFICE RENT		2,200		2,200	
POSTAGE & SHIPPING		100		100	
COPIES		250		250	
SUPERVISOR FEES		2,400		2,400	
CONTINGENCY ADMIN		5,000		5,000	
TRUSTEE SERVICES		1,250		1,250	
TOTAL ADMIN EXPENSES		68,927		69,149	

	FISCAL YEAR			FISCAL YEAR	
	2024/2025			2025/2026	
	ANNUAL BUDGET			PROPOSED BUDGET	
EXPENDITURES - MAINT							
AQUATIC MAINTENANCE			13,217			13,217	
BUILDING MAINTENANCE			26,434			26,434	
COMMUNITY AREA MAINTENANCE			9,913			23,130	
TIM OPERATIONS			99,128			85,911	
CONTINGENCY			19,826			19,826	
DEVELOPMENT COORDINATOR			4,284			4,412	
ELECTRIC			3,304			3,304	
ENGINEERING - MAINT.			23,130			23,130	
FIELD MANAGEMENT			9,913			23,427	
FOUNTAIN MAINTENANCE & CHEMICALS			529			529	
IRRIGATION PARTS & REPAIRS			2,643			2,643	
IRRIGATION WATER			264			264	
LANDSCAPE MAINTENANCE			43,748			43,748	
SIDEWALK CLEANING AND REPAIR			3,965			3,965	
SIGNAGE			1,322			1,322	
STORMWATER CONTROL			57,086			69,389	
STREETLIGHT MAINTENANCE AND REPAIR			2,643			2,643	
TREE/PLANT REPLACEMENT & TRIM			6,609			6,609	
TOTAL MAINTENANCE EXPENSES			327,957			353,903	
							
Total Expenditures		$	396,884		$	423,053	
							
EXCESS / (SHORTFALL)		$	452,497		$	440,291	

PAYMENTS TO TRUSTEE			
(396,283)			
(385,498)	
BALANCE		$	56,214		$	54,793	

COUNTY APPRAISER & TAX COLLECTOR FEE			(28,107)			(27,397)	
DISCOUNTS FOR EARLY PAYMENTS			(28,107)			(27,397)	
NET EXCESS / (SHORTFALL)		$	-		$	-	

	FISCAL YEAR		FISCAL YEAR	
	2024/2025		2025/2026	
		ANNUAL BUDGET				PROPOSED BUDGET		
REVENUES					
ON-ROLL ASSESSMENTS - DEBT		489,080		475,769	
ON-ROLL ASSESSMENTS - Admin		74,920		75,162	
ON-ROLL ASSESSMENTS - Maintenance		223,691		216,564	
DEVELOPER CONTRIBUTION/BONDS - TIM		16,508		22,511	
STORMWATER		150,071		180,085	
CARRY OVER FUNDS FROM PRIOR YEAR		0		0	
 Total Revenues			$	954,270		$	970,090	

EXPENDITURES - ADMIN					
ARBITRAGE FEE		650		650	
AUDIT		6,000		6,000	
DISSEMINATION AGENT		400		400	
DISTRICT COUNSEL		6,000		6,000	
MANAGEMENT		7,422		7,644	
ASSESSMENT ROLL		600		600	
TIF/SAD REBATE ANALYSIS		11,000		11,000	
DUES, LICENSES & FEES		175		175	
ENGINEERING		17,500		17,500	
GENERAL INSURANCE		6,500		6,500	
WEB SITE MAINTENANCE		750		750	
LEGAL ADVERTISING		530		530	
TRAVEL AND PER DIEM		60		60	
OFFICE SUPPLIES		140		140	
OFFICE RENT		2,200		2,200	
POSTAGE & SHIPPING		100		100	
COPIES		250		250	
SUPERVISOR FEES		2,400		2,400	
CONTINGENCY ADMIN		5,000		5,000	
TRUSTEE SERVICES		1,250		1,250	
TIM Capital		0		0	
TOTAL ADMIN EXPENSES		68,927		69,149	

	FISCAL YEAR			FISCAL YEAR	
	2024/2025			2025/2026	
	ANNUAL BUDGET			PROPOSED BUDGET	
EXPENDITURES - MAINT							
AQUATIC MAINTENANCE			15,007			15,007	
BUILDING MAINTENANCE			30,014			30,014	
COMMUNITY AREA MAINTENANCE			11,255			26,262	
TIM OPERATIONS			112,553			97,546	
CONTINGENCY			22,511			22,511	
DEVELOPMENT COORDINATOR			4,864			5,010	
ELECTRIC			3,752			3,752	
ENGINEERING - MAINT.			26,262			26,262	
FIELD MANAGEMENT			11,255			26,600	
FOUNTAIN MAINTENANCE & CHEMICALS			600			600	
IRRIGATION PARTS & REPAIRS			3,001			3,001	
IRRIGATION WATER			300			300	
LANDSCAPE MAINTENANCE			49,673			49,673	
SIDEWALK CLEANING AND REPAIR			4,502			4,502	
SIGNAGE			1,501			1,501	
STORMWATER CONTROL			64,818			78,787	
STREETLIGHT MAINTENANCE AND REPAIR			3,001			3,001	
TREE/PLANT REPLACEMENT & TRIM			7,504			7,504	
TOTAL MAINTENANCE EXPENSES			372,374			401,834	
							
Total Expenditures		$	441,301		$	470,983	
							
EXCESS / (SHORTFALL)		$	512,969		$	499,107	

PAYMENTS TO TRUSTEE			
(449,954)			
(437,707)	
BALANCE		$	63,015		$	61,400	

COUNTY APPRAISER & TAX COLLECTOR FEE			(31,508)			(30,700)	
DISCOUNTS FOR EARLY PAYMENTS			(31,508)			(30,700)	
NET EXCESS / (SHORTFALL)		$	-		$	-	

	FISCAL YEAR		FISCAL YEAR	
	2024/2025		2025/2026	
		ANNUAL BUDGET				PROPOSED BUDGET		
REVENUES					
ON-ROLL ASSESSMENTS - DEBT		183,107		178,123	
ON-ROLL ASSESSMENTS - Admin		74,920		75,162	
ON-ROLL ASSESSMENTS - Maintenance		83,748		81,079	
DEVELOPER CONTRIBUTION/BONDS - TIM		6,180		8,428	
STORMWATER		56,185		67,422	
CARRY OVER FUNDS FROM PRIOR YEAR		0		0	
 Total Revenues			$	404,140		$	410,214	

EXPENDITURES - ADMIN					
ARBITRAGE FEE		650		650	
AUDIT		6,000		6,000	
DISSEMINATION AGENT		400		400	
DISTRICT COUNSEL		6,000		6,000	
MANAGEMENT		7,422		7,644	
ASSESSMENT ROLL		600		600	
TIF/SAD REBATE ANALYSIS		11,000		11,000	
DUES, LICENSES & FEES		175		175	
ENGINEERING		17,500		17,500	
GENERAL INSURANCE		6,500		6,500	
WEB SITE MAINTENANCE		750		750	
LEGAL ADVERTISING		530		530	
TRAVEL AND PER DIEM		60		60	
OFFICE SUPPLIES		140		140	
OFFICE RENT		2,200		2,200	
POSTAGE & SHIPPING		100		100	
COPIES		250		250	
SUPERVISOR FEES		2,400		2,400	
CONTINGENCY ADMIN		5,000		5,000	
TRUSTEE SERVICES		1,250		1,250	
TOTAL ADMIN EXPENSES		68,927		69,149	

	FISCAL YEAR			FISCAL YEAR	
	2024/2025			2025/2026	
	ANNUAL BUDGET			PROPOSED BUDGET	
EXPENDITURES - MAINT							
AQUATIC MAINTENANCE			5,618			5,618	
BUILDING MAINTENANCE			11,237			11,237	
COMMUNITY AREA MAINTENANCE			4,214			9,832	
TIM OPERATIONS			42,139			36,520	
CONTINGENCY			8,428			8,428	
DEVELOPMENT COORDINATOR			1,821			1,876	
ELECTRIC			1,405			1,405	
ENGINEERING - MAINT.			9,832			9,832	
FIELD MANAGEMENT			4,214			9,959	
FOUNTAIN MAINTENANCE & CHEMICALS			225			225	
IRRIGATION PARTS & REPAIRS			1,124			1,124	
IRRIGATION WATER			112			112	
LANDSCAPE MAINTENANCE			18,597			18,597	
SIDEWALK CLEANING AND REPAIR			1,686			1,686	
SIGNAGE			562			562	
STORMWATER CONTROL			24,267			29,497	
STREETLIGHT MAINTENANCE AND REPAIR			1,124			1,124	
TREE/PLANT REPLACEMENT & TRIM			2,809			2,809	
TOTAL MAINTENANCE EXPENSES			139,413			150,443	
							
Total Expenditures		$	208,340		$	219,592	
							
EXCESS / (SHORTFALL)		$	195,800		$	190,623	

PAYMENTS TO TRUSTEE			
(168,458)			
(163,873)	
BALANCE		$	27,342		$	26,749	

COUNTY APPRAISER & TAX COLLECTOR FEE			(13,671)			(13,375)	
DISCOUNTS FOR EARLY PAYMENTS			(13,671)			(13,375)	
NET EXCESS / (SHORTFALL)		$	-		$	-	

	FISCAL YEAR		FISCAL YEAR	
	2024/2025		2025/2026	
		ANNUAL BUDGET				PROPOSED BUDGET		
REVENUES					
ON-ROLL ASSESSMENTS - DEBT		430,743		419,019	
ON-ROLL ASSESSMENTS - Admin		74,920		75,162	
ON-ROLL ASSESSMENTS - Maintenance		197,009		190,732	
DEVELOPER CONTRIBUTION/BONDS - TIM		14,539		19,826	
STORMWATER		132,170		158,604	
CARRY OVER FUNDS FROM PRIOR YEAR		0		0	
 Total Revenues			$	849,381		$	863,343	

EXPENDITURES - ADMIN					
ARBITRAGE FEE		650		650	
AUDIT		6,000		6,000	
DISSEMINATION AGENT		400		400	
DISTRICT COUNSEL		6,000		6,000	
MANAGEMENT		7,422		7,644	
ASSESSMENT ROLL		600		600	
TIF/SAD REBATE ANALYSIS		11,000		11,000	
DUES, LICENSES & FEES		175		175	
ENGINEERING		17,500		17,500	
GENERAL INSURANCE		6,500		6,500	
WEB SITE MAINTENANCE		750		750	
LEGAL ADVERTISING		530		530	
TRAVEL AND PER DIEM		60		60	
OFFICE SUPPLIES		140		140	
OFFICE RENT		2,200		2,200	
POSTAGE & SHIPPING		100		100	
COPIES		250		250	
SUPERVISOR FEES		2,400		2,400	
CONTINGENCY ADMIN		5,000		5,000	
TRUSTEE SERVICES		1,250		1,250	
TOTAL ADMIN EXPENSES		68,927		69,149	

	FISCAL YEAR			FISCAL YEAR	
	2024/2025			2025/2026	
	ANNUAL BUDGET			PROPOSED BUDGET	
EXPENDITURES - MAINT							
AQUATIC MAINTENANCE			13,217			13,217	
BUILDING MAINTENANCE			26,434			26,434	
COMMUNITY AREA MAINTENANCE			9,913			23,130	
TIM OPERATIONS			99,128			85,911	
CONTINGENCY			19,826			19,826	
DEVELOPMENT COORDINATOR			4,284			4,412	
ELECTRIC			3,304			3,304	
ENGINEERING - MAINT.			23,130			23,130	
FIELD MANAGEMENT			9,913			23,427	
FOUNTAIN MAINTENANCE & CHEMICALS			529			529	
IRRIGATION PARTS & REPAIRS			2,643			2,643	
IRRIGATION WATER			264			264	
LANDSCAPE MAINTENANCE			43,748			43,748	
SIDEWALK CLEANING AND REPAIR			3,965			3,965	
SIGNAGE			1,322			1,322	
STORMWATER CONTROL			57,086			69,389	
STREETLIGHT MAINTENANCE AND REPAIR			2,643			2,643	
TREE/PLANT REPLACEMENT & TRIM			6,609			6,609	
TOTAL MAINTENANCE EXPENSES			327,957			353,903	
							
Total Expenditures		$	396,884		$	423,053	
							
EXCESS / (SHORTFALL)		$	452,497		$	440,291	

PAYMENTS TO TRUSTEE			
(396,283)			
(385,498)	
BALANCE		$	56,214		$	54,793	

COUNTY APPRAISER & TAX COLLECTOR FEE			(28,107)			(27,397)	
DISCOUNTS FOR EARLY PAYMENTS			(28,107)			(27,397)	
NET EXCESS / (SHORTFALL)		$	-		$	-	

	FISCAL YEAR		FISCAL YEAR	
	2024/2025		2025/2026	
		ANNUAL BUDGET				PROPOSED BUDGET		
REVENUES					
ON-ROLL ASSESSMENTS - DEBT		381,835		371,442	
ON-ROLL ASSESSMENTS - Admin		74,920		75,162	
ON-ROLL ASSESSMENTS - Maintenance		174,640		169,076	
DEVELOPER CONTRIBUTION/BONDS - TIM		12,888		17,574	
STORMWATER		117,163		140,596	
CARRY OVER FUNDS FROM PRIOR YEAR		0		0	
 Total Revenues			$	761,446		$	773,850	

EXPENDITURES - ADMIN					
ARBITRAGE FEE		650		650	
AUDIT		6,000		6,000	
DISSEMINATION AGENT		400		400	
DISTRICT COUNSEL		6,000		6,000	
MANAGEMENT		7,422		7,644	
ASSESSMENT ROLL		600		600	
TIF/SAD REBATE ANALYSIS		11,000		11,000	
DUES, LICENSES & FEES		175		175	
ENGINEERING		17,500		17,500	
GENERAL INSURANCE		6,500		6,500	
WEB SITE MAINTENANCE		750		750	
LEGAL ADVERTISING		530		530	
TRAVEL AND PER DIEM		60		60	
OFFICE SUPPLIES		140		140	
OFFICE RENT		2,200		2,200	
POSTAGE & SHIPPING		100		100	
COPIES		250		250	
SUPERVISOR FEES		2,400		2,400	
CONTINGENCY ADMIN		5,000		5,000	
TRUSTEE SERVICES		1,250		1,250	
TOTAL ADMIN EXPENSES		68,927		69,149	

	FISCAL YEAR			FISCAL YEAR	
	2024/2025			2025/2026	
	ANNUAL BUDGET			PROPOSED BUDGET	
EXPENDITURES - MAINT							
AQUATIC MAINTENANCE			11,716			11,716	
BUILDING MAINTENANCE			23,433			23,433	
COMMUNITY AREA MAINTENANCE			8,787			20,504	
TIM OPERATIONS			87,872			76,156	
CONTINGENCY			17,574			17,574	
DEVELOPMENT COORDINATOR			3,797			3,911	
ELECTRIC			2,929			2,929	
ENGINEERING - MAINT.			20,504			20,504	
FIELD MANAGEMENT			8,787			20,767	
FOUNTAIN MAINTENANCE & CHEMICALS			469			469	
IRRIGATION PARTS & REPAIRS			2,343			2,343	
IRRIGATION WATER			234			234	
LANDSCAPE MAINTENANCE			38,781			38,781	
SIDEWALK CLEANING AND REPAIR			3,515			3,515	
SIGNAGE			1,172			1,172	
STORMWATER CONTROL			50,605			61,511	
STREETLIGHT MAINTENANCE AND REPAIR			2,343			2,343	
TREE/PLANT REPLACEMENT & TRIM			5,858			5,858	
TOTAL MAINTENANCE EXPENSES			290,720			313,720	
							
Total Expenditures		$	359,646		$	382,869	
							
EXCESS / (SHORTFALL)		$	401,800		$	390,981	

PAYMENTS TO TRUSTEE			
(351,288)			
(341,727)	
BALANCE		$	50,512		$	49,254	

COUNTY APPRAISER & TAX COLLECTOR FEE			(25,256)			(24,627)	
DISCOUNTS FOR EARLY PAYMENTS			(25,256)			(24,627)	
NET EXCESS / (SHORTFALL)		$	-		$	-	

	FISCAL YEAR		FISCAL YEAR	
	2024/2025		2025/2026	
		ANNUAL BUDGET				PROPOSED BUDGET		
REVENUES					
ON-ROLL ASSESSMENTS - DEBT		183,107		178,123	
ON-ROLL ASSESSMENTS - Admin		74,920		75,162	
ON-ROLL ASSESSMENTS - Maintenance		83,748		81,079	
DEVELOPER CONTRIBUTION/BONDS - TIM		6,180		8,428	
STORMWATER		56,185		67,422	
CARRY OVER FUNDS FROM PRIOR YEAR		0		0	
 Total Revenues			$	404,140		$	410,214	

EXPENDITURES - ADMIN					
ARBITRAGE FEE		650		650	
AUDIT		6,000		6,000	
DISSEMINATION AGENT		400		400	
DISTRICT COUNSEL		6,000		6,000	
MANAGEMENT		7,422		7,644	
ASSESSMENT ROLL		600		600	
TIF/SAD REBATE ANALYSIS		11,000		11,000	
DUES, LICENSES & FEES		175		175	
ENGINEERING		17,500		17,500	
GENERAL INSURANCE		6,500		6,500	
WEB SITE MAINTENANCE		750		750	
LEGAL ADVERTISING		530		530	
TRAVEL AND PER DIEM		60		60	
OFFICE SUPPLIES		140		140	
OFFICE RENT		2,200		2,200	
POSTAGE & SHIPPING		100		100	
COPIES		250		250	
SUPERVISOR FEES		2,400		2,400	
CONTINGENCY ADMIN		5,000		5,000	
TRUSTEE SERVICES		1,250		1,250	
TOTAL ADMIN EXPENSES		68,927		69,149	

	FISCAL YEAR			FISCAL YEAR	
	2024/2025			2025/2026	
	ANNUAL BUDGET			PROPOSED BUDGET	
EXPENDITURES - MAINT							
AQUATIC MAINTENANCE			5,618			5,618	
BUILDING MAINTENANCE			11,237			11,237	
COMMUNITY AREA MAINTENANCE			4,214			9,832	
TIM OPERATIONS			42,139			36,520	
CONTINGENCY			8,428			8,428	
DEVELOPMENT COORDINATOR			1,821			1,876	
ELECTRIC			1,405			1,405	
ENGINEERING - MAINT.			9,832			9,832	
FIELD MANAGEMENT			4,214			9,959	
FOUNTAIN MAINTENANCE & CHEMICALS			225			225	
IRRIGATION PARTS & REPAIRS			1,124			1,124	
IRRIGATION WATER			112			112	
LANDSCAPE MAINTENANCE			18,597			18,597	
SIDEWALK CLEANING AND REPAIR			1,686			1,686	
SIGNAGE			562			562	
STORMWATER CONTROL			24,267			29,497	
STREETLIGHT MAINTENANCE AND REPAIR			1,124			1,124	
TREE/PLANT REPLACEMENT & TRIM			2,809			2,809	
TOTAL MAINTENANCE EXPENSES			139,413			150,443	
							
Total Expenditures		$	208,340		$	219,592	
							
EXCESS / (SHORTFALL)		$	195,800		$	190,623	

PAYMENTS TO TRUSTEE			
(168,458)			
(163,873)	
BALANCE		$	27,342		$	26,749	

COUNTY APPRAISER & TAX COLLECTOR FEE			(13,671)			(13,375)	
DISCOUNTS FOR EARLY PAYMENTS			(13,671)			(13,375)	
NET EXCESS / (SHORTFALL)		$	-		$	-	

	FISCAL YEAR		FISCAL YEAR	
	2024/2025		2025/2026	
		ANNUAL BUDGET				PROPOSED BUDGET		
REVENUES					
ON-ROLL ASSESSMENTS - DEBT		388,935		378,350	
ON-ROLL ASSESSMENTS - Operations		74,920		75,162	
ON-ROLL ASSESSMENTS - Maintenance		177,888		172,220	
DEVELOPER CONTRIBUTION/BONDS - TIM		13,128		17,901	
STORMWATER		119,342		143,210	
CARRY OVER FUNDS FROM PRIOR YEAR		0		0	
 Total Revenues			$	774,213		$	786,843	

EXPENDITURES - ADMIN					
ARBITRAGE REBATE FEE		650		650	
AUDIT		6,000		6,000	
DISSEMINATION AGENT		400		400	
DISTRICT COUNSEL		6,000		6,000	
MANAGEMENT		7,422		7,644	
ASSESSMENT ROLL		600		600	
TIF/SAD REBATE ANALYSIS		11,000		11,000	
DUES, LICENSES & FEES		175		175	
ENGINEERING		17,500		17,500	
GENERAL INSURANCE		6,500		6,500	
WEB SITE MAINTENANCE		750		750	
LEGAL ADVERTISING		530		530	
TRAVEL AND PER DIEM		60		60	
OFFICE SUPPLIES		140		140	
OFFICE RENT		2,200		2,200	
POSTAGE & SHIPPING		100		100	
COPIES		250		250	
SUPERVISOR FEES		2,400		2,400	
CONTINGENCY ADMIN		5,000		5,000	
TRUSTEE SERVICES		1,250		1,250	
TOTAL ADMIN EXPENSES		68,927		69,149	

	FISCAL YEAR			FISCAL YEAR	
	2024/2025			2025/2026	
	ANNUAL BUDGET			PROPOSED BUDGET	
EXPENDITURES - MAINT							
AQUATIC MAINTENANCE			11,934			11,934	
BUILDING MAINTENANCE			23,868			23,868	
COMMUNITY AREA MAINTENANCE			8,951			20,885	
TIM OPERATIONS			89,506			77,572	
CONTINGENCY			17,901			17,901	
DEVELOPMENT COORDINATOR			3,868			3,984	
ELECTRIC			2,984			2,984	
ENGINEERING - MAINT.			20,885			20,885	
FIELD MANAGEMENT			8,951			21,153	
FOUNTAIN MAINTENANCE & CHEMICALS			477			477	
IRRIGATION PARTS & REPAIRS			2,387			2,387	
IRRIGATION WATER			239			239	
LANDSCAPE MAINTENANCE			39,502			39,502	
SIDEWALK CLEANING AND REPAIR			3,580			3,580	
SIGNAGE			1,193			1,193	
STORMWATER CONTROL			51,546			62,654	
STREETLIGHT MAINTENANCE AND REPAIR			2,387			2,387	
TREE/PLANT REPLACEMENT & TRIM			5,967			5,967	
TOTAL MAINTENANCE EXPENSES			296,126			319,554	
							
Total Expenditures		$	365,053		$	388,703	
							
EXCESS / (SHORTFALL)		$	409,160		$	398,140	

PAYMENTS TO TRUSTEE			
(357,820)			
(348,082)	
BALANCE		$	51,339		$	50,059	

COUNTY APPRAISER & TAX COLLECTOR FEE			(25,670)			(25,029)	
DISCOUNTS FOR EARLY PAYMENTS			(25,670)			(25,029)	
NET EXCESS / (SHORTFALL)		$	-		$	-	

PROPOSED OPERATIONS/MAINTENANCE ASSESSMENTS CALCULATION FISCAL YEAR 2025/2026
OCTOBER 1, 2025 - SEPTEMBER 30, 2026
CDDs 1 - 10

On Fiscal Year 2025/2026 Tax Roll*
TYPE	Volume	ERU Factor	ERUS**	
Single Family - General	2,322	1.0000	2,322.00	
Multi-Family		1.0000	-	
Apartments	1,754	0.5000	877.00	
Retail Sq. Ft.	96,202	0.0020	192.40	
Office Sq. Ft.	155,928	0.0010	155.93	
Research Sq.Ft.	286,574	0.0010	286.57	
Warehouse Sq.Ft.	1,487,654	0.0010	1,487.65	
Hotel Rooms	277	1.0000	277.00	
Hospital	180	3.0000	540.00	
Acreage	1,499	4.0000	5,995.80	
*As of May 5, 2025
**Rounded

12,134.36

Total ERUs on Roll

Assessments Per Unit*
TYPE	2024/2025	2025/2026	
Single Family - General	181.46	180.87	
Multi-Family	181.46	180.87	
Apartments	90.73	90.43	
Retail Sq. Ft.	0.36	0.36	
Office Sq. Ft.	0.18	0.18	
Research Sq.Ft.	0.18	0.18	
Warehouse Sq.Ft.	0.18	0.18	
Hotel Rooms	181.46	180.87	
Hospital	544.37	542.60	
Acre	725.83	723.47	
*Rounded

PROPOSED DEBT SERVICE SERIES 2019, 2020, 2021, 2022, 2024 BONDS
FISCAL YEAR 2025/2026 OCTOBER 1, 2025 - SEPTEMBER 30, 2026

	FISCAL YEAR	
	2025/2026	
	PROPOSED BUDGET	

REVENUES			

Interest Income		0	
Net 2019 Bond Collections		441,463	
Net 2020 Bond Collections		342,820	
Net 2021 Bond Collections		669,540	
Net 2022 Bond Collections		896,025	
Net 2024 Bond Collections		566,829	
Total Revenues	$	2,916,676	

EXPENDITURES			

2019 Bond Payments		441,463	
2020 Bond Payments		342,820	
2021 Bond Payments		669,540	
2022 Bond Payments		896,025	
2024 Bond Payments		566,829	
Miscellaneous / Extra Redemption (2019)		0	
Miscellaneous / Extra Redemption (2020)		0	
Miscellaneous / Extra Redemption (2021)		0	
Miscellaneous / Extra Redemption (2022)		0	
Miscellaneous / Extra Redemption (2024)		0	
Total Expenditures	$	2,916,676	
			
Excess / (Shortfall)	$	-	

Units	Est. Gross Annual

Land Use	Folio#	Landowner	Sq. Ft.	PI Debt Service/Unit*	
Research	4315-600-0001-000-8	City of Port St. Lucie (Torrey Pines)	85937	$	0.08	
Hotel	4315-606-0003-000-0	BBL at Equinox (Homewood Suites)	111	$	220.48	
Research	4315-502-0008-000-6	City of Port St. Lucie (formerly VGTI)	92142	$	0.03	
Hospital	4315-501-0004-000-5	Martin Memorial	180	$	293.18	
Research	4315-608-0001-000-2	Trad Health (Bldg 1 - south)	45238	$	0.11	
Retail	4315-602-0002-000-1	Mason Street Holdings (Wawa)	6280	$	0.73	
Office	4315-505-0005-000-4	Pegasus PSL (Keiser University)	75146	$	0.33	
Research	4315-608-0002-000-9	Trad Health (Bldg 2 - north)	64128	$	0.31	
Retail	4315-607-0002-000-6	G&S Family Hospitality (Culvers)	4652	$	0.73	
Retail	4315-606-0002-000-3	BBL at Tradition (Recovery Sports Bar & Grill)	6518	$	0.68	
Retail	4315-607-0005-000-7	CFT NV Developments (Panda Express)	2766	$	0.73	
Office	4315-607-0003-000-3	PRD Owner (Dental Care)	4000	$	0.30	
Office	4315-506-0002-000-6	SFO Holdings (Urgent Care)	32360	$	0.34	
Retail	4315-609-0006-000-0	Pershing Properties (Verizon)	2500	$	0.76	
SF 55 or Less	Multiple	Del Webb @ Tradition (Phases 1 and 2)	161	$	466.79	
SF 56 - 66	Multiple	Del Webb @ Tradition (Phases 1 and 2)	42	$	516.27	
Apts	4315-613-0001-000-8	Continental 409	304	$	358.01	
Retail	4315-605-0003-000-7	Northern Lights Realty (Innovation Plaza)	10478	$	0.82	
Retail	4315-609-0004-000-6	JEM Port St Lucie (Restaurant & mini golf)	6251	$	0.72	
Medical Office	4315-603-0001-000-7	Florida Vision (Bldg 1)	34350	$	0.38	
Apts	4315-500-0012-000-1	Grande Palms II (Phase 1 - south)	300	$	350.57	
Warehouse	4315-800-0003-000-6	CES Port St. Lucie Landlord (City Electric)	411852	$	0.42	
SF 55 or Less	Multiple	Heron Preserve	151	$	499.95	
SF 56 - 66	Multiple	Heron Preserve	50	$	560.55	
Retail	4315-607-0004-000-0	Tradition Lot 3 (eastern portion - PDQ 000)	2782	$	0.77	
SF 55 or Less	Multiple	Del Webb @ Tradition (Phase 3)	130	$	525.79	
SF 56 - 66	Multiple	Del Webb @ Tradition (Phase 3)	46	$	589.69	
Retail	4315-609-0007-000-7	RDP 11 (southern portion - Burger King)	2967	$	0.87	
Medical Office	4315-611-0002-000-9	KYK Holdings (Premier Medical Plaza)	9986	$	0.38	
Hotel	4315-612-0001-000-5	Tradition Hotel Holdings, LLC (Courtyard by Marriott)	84	$	452.77	
SF 55 or Less	4315-500-0008-000-0	Mattamy	54	$	524.67	
SF 56 - 66	4315-500-0008-000-0	Mattamy	36	$	588.89	
SF 55 or Less	Multiple	Manderlie - Phase 2	51	$	476.09	
SF 56 - 66	Multiple	Manderlie - Phase 2	32	$	534.37	
SF 55 or Less	Multiple	Heron Preserve - Phase 2	142	$	477.11	
SF 56 - 66	Multiple	Heron Preserve - Phase 2	50	$	535.09	
SF 55 or Less	Multiple	Del Webb - Phase 4	159	$	477.11	
SF 56 - 66	Multiple	Del Webb - Phase 4	20	$	535.09	
SF 55 or Less	Multiple	Tolero - Phase 1	157	$	477.77	
SF 56 - 66	Multiple	Tolero - Phase 1	29	$	535.76	
Retail	4315-609-0005-000-3	RG Tradition, LLC (Starbucks)	2500	$	0.75	
Retail	4315-614-0001-000-1	RDP 11, LLC (north - 3 tenant bldg.)	5124	$	0.79	
Warehouse	4335-500-0003-000-7	PSL Industrial Owner, LLC	245111	$	0.41	
Hotel	4315-705-0002-000-7	Tradition One, LLC (Tru by Hilton)	82	$	407.86	
Retail	4315-705-0001-000-0	Suratman, LLC	10476	$	0.79	
Apts	4315-615-0002-000-1	Watermark at Port St Lucie FL, LLC	214	$	330.69	
Apts	4315-615-0003-000-8	Lucie at Tradition, LLC	264	$	330.89	
Apts	4315-700-0030-000-7	CCC-PSL, LLC	286	$	330.48	
MF	4334-700-0003-000-8	America Walks at Port St. Lucie, LLC	410	$	445.65	
SF 56 - 66	Multiple	GRBK GHO Belterra, LLC - Phase 1	79	$	536.67	

SF 67 or More	Multiple	GRBK GHO Belterra, LLC - Phase 1	77	$	580.43	
Retail	4315-615-0001-000-4	Vitas Healthcare Corporation of Florida, Inc.	32000	$	0.77	
SF 56 - 66	Multiple	GRBK GHO Belterra, LLC - Phase 1, Plat 1 & 2	26	$	689.43	
SF 67 or More	Multiple	GRBK GHO Belterra, LLC - Phase 1, Plat 1 & 2	47	$	745.65	
SF 55 or Less	Multiple	Del Webb - Plat 5A	70	$	612.92	
SF 56 - 66	Multiple	Del Webb - Plat 5A	24	$	687.41	
SF 55 or Less	Multiple	Kenley - Plat 1	137	$	616.89	
SF 56 - 66	Multiple	Kenley - Plat 1	77	$	691.39	
SF 55 or Less	Multiple	Telaro - Plat 2	206	$	614.96	
SF 56 - 66	Multiple	Telaro - Plat 2	50	$	690.08	
Apts	4315-500-0011-000-4	Grande Palms at Tradition I, LLC	(north parcel)	300	$	412.03	
Retail	4316-504-0002-000-3	Local Strip, LLC (west Barron Shoppes parcel - sold)	9350	$	0.99	
Retail	4316-504-0001-000-6	Baron Shoppes Tradition, LLC (east parcel)	5820	$	0.99	
Retail	4316-504-0003-000-0	PCW Holdings, LLC (carwash)	9969	$	0.98	
Retail	4315-603-0002-000-4	Amber Hills Properties, LLC	14040	$	0.92	
Warehouse	4315-802-0002-000-5	Accel Florida, LLC	150351	$	0.52	
Warehouse	4326-601-0002-000-2	Cheney Bros, Inc.	351869	$	0.52	
Warehouse	4335-500-0004-000-4	NBPIII Legacy III, LLC (Lot 2)	168000	$	0.52	
Warehouse	4315-706-0003-000-7	Oculus Surgical, Inc.	75246	$	0.52	
SF 55 or Less	Multiple	Del Webb - Plat 5B & 6	269	$	588.71	
SF 56 - 66	Multiple	Del Webb - Plat 5B & 6	14	$	660.26	
SF 55 or Less	Multiple	Heron Preserve - Plat 2B	66	$	588.71	
SF 56 - 66	Multiple	Heron Preserve - Plat 2B	18	$	660.26	
SF 56 - 66	Multiple	GRBK GHO Belterra, LLC - Phase 1, Plat 3	33	$	662.20	
SF 67 or More	Multiple	GRBK GHO Belterra, LLC - Phase 1, Plat 3	43	$	716.20	
Hotel	4315-708-0001-000-9	TGC Port St Lucie, LLC (Woodspring Suites Hotel)	122	$	503.35	
Warehouse	4326-600-0004-000-3	NBPIII Legacy IV, LLC (Lot 4)	520000	$	0.50	
Retail	4315-607-0004-010-3	Michael Benjamin Menahem (TR) (west parcel retail - 2-tent	4368	$	0.97	
Retail	4315-710-0001-000-6	Pebb Tradition SG3, LLC (Aldi plus 3 retail bldgs)	64684	$	0.97	
Warehouse	4322-500-0001-000-3	Tradition Business Center, LLC (1st industrial building)	11508	$	0.50	

*Figures are rounded and are net of previously paid CI BAN and DI BAN Credits