Southern Grove Community Development Districts #1-10

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

1

CONTENTS

1-2
3-4
5-6
7-8
9-10
11-12
13-14
15-16
17-18
19-20
21-22
23-24
25
26
27-28

FINAL BUDGET-CDD 1-10
FINAL BUDGET-RECAP CDD 1-10 FY25 COMPARISON FINAL BUDGET-CDD 1
FINAL BUDGET-CDD 2
FINAL BUDGET-CDD 3
FINAL BUDGET-CDD 4
FINAL BUDGET-CDD 5
FINAL BUDGET-CDD 6
FINAL BUDGET-CDD 7
FINAL BUDGET-CDD 8
FINAL BUDGET-CDD 9
FINAL BUDGET-CDD 10
FINAL OPERATIONS & MAINTENANCE ASSESSMENTS FINAL DEBT SERVICE FUND BUDGET- CDD 1-10 FINAL DEBT ASSESSMENTS

2

FINAL BUDGET
SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICTS #1-10 FISCAL YEAR 2025/2026
OCTOBER 1, 2025 - SEPTEMBER 30, 2026

	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 ON-ROLL ASSESSMENTS - Admin
ON-ROLL ASSESSMENTS - Maintenance OTHER REVENUES
STORMWATER
 CARRY OVER FUNDS FROM PRIOR YEAR	
 Total Revenues	

$
$
$
$
$

26,302.67
75,162.18
12,713.01
1,244.49
9,955.90

$
$
$
$
$

352,709.93
75,162.18
170,477.25
16,688.16
133,505.31

$
$
$
$
$

371,442.29
75,162.18
179,531.27
17,574.47
140,595.75

$
$
$
$
$

419,019.17
75,162.18
202,526.86
19,825.53
158,604.22

$
$
$
$
$

475,768.83
75,162.18
229,955.99
22,510.59
180,084.71

$
$
$
$
$

178,123.21
75,162.18
86,093.28
8,427.74
67,421.96

$
$
$
$
$

419,019.17
75,162.18
202,526.86
19,825.53
158,604.22

$
$
$
$
$

371,442.29
75,162.18
179,531.27
17,574.47
140,595.75

$
$
$
$
$

178,123.21
75,162.18
86,093.28
8,427.74
67,421.96

$
$
$
$
$

378,349.50
75,162.18
182,869.77
17,901.28
143,210.22

$
$
$
$
$

3,170,300.27
751,621.84
1,532,318.85
150,000.00
1,200,000.00

 $	- 
 $  125,378.26 

 $	- 
 $  748,542.83 

 $	- 
 $  784,305.96 

 $	- 
 $  875,137.97 

 $	- 
 $	983,482.31 

 $	- 
 $  415,228.38 

 $	- 
 $  875,137.97 

 $	- 
 $  784,305.96 

 $	- 
 $  415,228.38 

 $	- 
 $	797,492.95 

 $	- 
 $  6,804,240.96 

 EXPENDITURES - ADMIN	
ARBITRAGE REBATE FEE AUDIT
DISSEMINATION AGENT DISTRICT COUNSEL MANAGEMENT ASSESSMENT ROLL TIF/SAD REBATE ANALYSIS DUES, LICENSES & FEES ENGINEERING
GENERAL INSURANCE WEB SITE MAINTENANCE LEGAL ADVERTISING TRAVEL AND PER DIEM OFFICE SUPPLIES OFFICE RENT
POSTAGE & SHIPPING COPIES
SUPERVISOR FEES CONTINGENCY ADMIN TRUSTEE SERVICES

$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$

650.00
6,000.00
400.00
6,000.00
7,644.21
600.00
11,000.00
175.00
17,500.00
6,500.00
750.00
530.00
60.00
140.00
2,200.00
100.00
250.00
2,400.00
5,000.00
1,250.00

$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$

650.00
6,000.00
400.00
6,000.00
7,644.21
600.00
11,000.00
175.00
17,500.00
6,500.00
750.00
530.00
60.00
140.00
2,200.00
100.00
250.00
2,400.00
5,000.00
1,250.00

$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$

650.00
6,000.00
400.00
6,000.00
7,644.21
600.00
11,000.00
175.00
17,500.00
6,500.00
750.00
530.00
60.00
140.00
2,200.00
100.00
250.00
2,400.00
5,000.00
1,250.00

$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$

650.00
6,000.00
400.00
6,000.00
7,644.21
600.00
11,000.00
175.00
17,500.00
6,500.00
750.00
530.00
60.00
140.00
2,200.00
100.00
250.00
2,400.00
5,000.00
1,250.00

$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$

650.00
6,000.00
400.00
6,000.00
7,644.21
600.00
11,000.00
175.00
17,500.00
6,500.00
750.00
530.00
60.00
140.00
2,200.00
100.00
250.00
2,400.00
5,000.00
1,250.00

$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$

650.00
6,000.00
400.00
6,000.00
7,644.21
600.00
11,000.00
175.00
17,500.00
6,500.00
750.00
530.00
60.00
140.00
2,200.00
100.00
250.00
2,400.00
5,000.00
1,250.00

$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$

650.00
6,000.00
400.00
6,000.00
7,644.21
600.00
11,000.00
175.00
17,500.00
6,500.00
750.00
530.00
60.00
140.00
2,200.00
100.00
250.00
2,400.00
5,000.00
1,250.00

$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$

650.00
6,000.00
400.00
6,000.00
7,644.21
600.00
11,000.00
175.00
17,500.00
6,500.00
750.00
530.00
60.00
140.00
2,200.00
100.00
250.00
2,400.00
5,000.00
1,250.00

$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$

650.00
6,000.00
400.00
6,000.00
7,644.21
600.00
11,000.00
175.00
17,500.00
6,500.00
750.00
530.00
60.00
140.00
2,200.00
100.00
250.00
2,400.00
5,000.00
1,250.00

$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$

650.00
6,000.00
400.00
6,000.00
7,644.21
600.00
11,000.00
175.00
17,500.00
6,500.00
750.00
530.00
60.00
140.00
2,200.00
100.00
250.00
2,400.00
5,000.00
1,250.00

$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$

6,500.00
60,000.00
4,000.00
60,000.00
76,442.09
6,000.00
110,000.00
1,750.00
175,000.00
65,000.00
7,500.00
5,300.00
600.00
1,400.00
22,000.00
1,000.00
2,500.00
24,000.00
50,000.00
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

3

FINAL BUDGET
SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICTS #1-10 FISCAL YEAR 2025/2026
OCTOBER 1, 2025 - SEPTEMBER 30, 2026

	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 BUILDING MAINTENANCE COMMUNITY AREA MAINTENANCE TIM OPERATIONS
CONTINGENCY
DEVELOPMENT COORDINATOR ELECTRIC
ENGINEERING - MAINT. FIELD MANAGEMENT
FOUNTAIN MAINTENANCE & CHEMICALS IRRIGATION PARTS & REPAIRS IRRIGATION WATER
LANDSCAPE MAINTENANCE SIDEWALK CLEANING AND REPAIR SIGNAGE
STORMWATER CONTROL
STREETLIGHT MAINTENANCE AND REPAIR TREE/PLANT REPLACEMENT & TRIM

$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$

829.66
1,659.32
1,468.50
5,392.78
1,494.22
276.97
207.41
1,451.90
1,470.57
33.19
165.93
16.59
2,746.17
248.90
82.97
4,770.54
165.93
414.83

$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$

11,125.44
22,250.88
19,692.03
72,315.37
20,036.92
3,714.04
2,781.36
19,469.52
19,719.85
445.02
2,225.09
222.51
36,825.21
3,337.63
1,112.54
63,971.29
2,225.09
5,562.72

$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$

11,716.31
23,432.63
20,737.87
76,156.03
21,101.08
3,911.30
2,929.08
20,503.55
20,767.16
468.65
2,343.26
234.33
38,780.99
3,514.89
1,171.63
67,368.80
2,343.26
5,858.16

$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$

13,217.02
26,434.04
23,394.12
85,910.62
23,803.85
4,412.28
3,304.25
23,129.78
23,427.17
528.68
2,643.40
264.34
43,748.33
3,965.11
1,321.70
75,997.86
2,643.40
6,608.51

$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$

15,007.06
30,014.12
26,562.49
97,545.88
27,027.71
5,009.86
3,751.76
26,262.35
26,600.01
600.28
3,001.41
300.14
49,673.37
4,502.12
1,500.71
86,290.59
3,001.41
7,503.53

$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$

5,618.50
11,236.99
9,944.74
36,520.23
10,118.91
1,875.64
1,404.62
9,832.37
9,958.79
224.74
1,123.70
112.37
18,597.22
1,685.55
561.85
32,306.35
1,123.70
2,809.25

$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$

13,217.02
26,434.04
23,394.12
85,910.62
23,803.85
4,412.28
3,304.25
23,129.78
23,427.17
528.68
2,643.40
264.34
43,748.33
3,965.11
1,321.70
75,997.86
2,643.40
6,608.51

$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$

11,716.31
23,432.63
20,737.87
76,156.03
21,101.08
3,911.30
2,929.08
20,503.55
20,767.16
468.65
2,343.26
234.33
38,780.99
3,514.89
1,171.63
67,368.80
2,343.26
5,858.16

$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$

5,618.50
11,236.99
9,944.74
36,520.23
10,118.91
1,875.64
1,404.62
9,832.37
9,958.79
224.74
1,123.70
112.37
18,597.22
1,685.55
561.85
32,306.35
1,123.70
2,809.25

$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$

11,934.19
23,868.37
21,123.51
77,572.20
21,493.47
3,984.03
2,983.55
20,884.82
21,153.34
477.37
2,386.84
238.68
39,502.15
3,580.26
1,193.42
68,621.56
2,386.84
5,967.09

$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$

100,000.00
200,000.00
177,000.00
650,000.00
180,100.00
33,383.34
25,000.00
175,000.00
177,250.00
4,000.00
20,000.00
2,000.00
331,000.00
30,000.00
10,000.00
575,000.00
20,000.00
50,000.00

TOTAL MAINTENANCE EXPENSES

$

22,896.36

$

307,032.54

$

323,338.98

$

364,754.46

$

414,154.81

$

155,055.52

$

364,754.46

$

323,338.98

$

155,055.52

$

329,351.68

$

2,759,733.34

$

92,045.57

$

376,181.75

$

392,488.19

$

433,903.67

$

483,304.02

$

224,204.73

$

433,903.67

$

392,488.19

$

224,204.73

$

398,500.89

$

3,451,225.43

Total Expenditures

$

33,332.68

$

372,361.08

$

391,817.76

$

441,234.30

$

500,178.29

$

191,023.65

$

441,234.30

$

391,817.76

$

191,023.65

$

398,992.06

$

3,353,015.53

EXCESS / (SHORTFALL)

$

(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)

PAYMENTS TO TRUSTEE

$

9,134.23

$

47,867.95

$

50,090.86

$

55,736.66

$

62,470.96

$

27,150.29

$

55,736.66

$

50,090.86

$

27,150.29

$

50,910.52

$

436,339.28

BALANCE

COUNTY APPRAISER & TAX COLLECTOR FEE DISCOUNTS FOR EARLY PAYMENTS

$
$

(4,567.11)
(4,567.11)

$
$

(23,933.97)
(23,933.97)

$
$

(25,045.43)
(25,045.43)

$
$

(27,868.33)
(27,868.33)

$
$

(31,235.48)
(31,235.48)

$
$

(13,575.15)
(13,575.15)

$
$

(27,868.33)
(27,868.33)

$
$

(25,045.43)
(25,045.43)

$
$

(13,575.15)
(13,575.15)

$
$

(25,455.26)
(25,455.26)

$
$

(218,169.64)
(218,169.64)

NET EXCESS / (SHORTFALL)

$

-

$

-

$

-

$

-

$

-

$

-

$

-

$

-

$

-

$

-

$

-

4

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

FISCAL YEAR 2024/2025
	ANNUAL BUDGET	

FISCAL YEAR 2024/2025
 9 month Actuals 6/30/25 

FISCAL YEAR 2025/2026
	FINAL BUDGET	

 COMMENTS	

 REVENUES	
ON-ROLL ASSESSMENTS - DEBT (Combined)
ON-ROLL ASSESSMENTS - Administrative ON-ROLL ASSESSMENTS - Maintenance STORMWATER
OTHER INCOME

3,259,002
749,202
1,490,572
1,000,000
110,000
 $	6,608,775 

3,257,181
745,554
1,483,315
1,350,792
555,568
 $	7,392,411 

3,170,300
751,622
1,532,319
1,200,000
150,000
 $	6,804,241 

 Total Revenues	

 EXPENDITURES - ADMIN	
ARBITRAGE FEE AUDIT
DISSEMINATION AGENT DISTRICT COUNSEL MANAGEMENT ASSESSMENT ROLL TIF/SAD REBATE ANALYSIS DUES, LICENSES & FEES ENGINEERING
GENERAL INSURANCE
WEB SITE MAINTENANCE LEGAL ADVERTISING TRAVEL AND PER DIEM OFFICE SUPPLIES OFFICE RENT
POSTAGE & SHIPPING COPIES
SUPERVISOR FEES CONTINGENCY ADMIN TRUSTEE SERVICES

6,500
60,000
4,000
60,000
74,216
6,000
110,000
1,750
175,000
65,000
7,500
5,300
600
1,400
22,000
1,000
2,500
24,000
50,000
12,500
689,266

650
0
0
68,849
55,662
0
80,160
1,750
158,431
61,009
5,375
670
202
1,269
13,391
625
0
0
25,497
21,016
494,555

6,500
60,000
4,000
60,000
76,442
6,000
110,000
1,750
175,000
65,000
7,500
5,300
600
1,400
22,000
1,000
2,500
24,000
50,000
12,500
691,492

No Change No Change No Change No Change
CPI increase per agreement
No Change
Funded by Other Income No Change
No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change
No Change

TOTAL ADMIN EXPENSES

5

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

FISCAL YEAR 2024/2025 ANNUAL BUDGET

FISCAL YEAR 2024/2025
9 month Actuals 6/30/25

FISCAL YEAR 2025/2026 FINAL BUDGET

 COMMENTS	

EXPENDITURES - MAINT

100,000
200,000
75,000
750,000
150,000
32,411
25,000
175,000
75,000
4,000
20,000
2,000
331,000
30,000
10,000
431,915
20,000
50,000
2,481,326

105,006
0
62,760
0
0
24,308
815
158,431
56,250
2,880
6,680
0
348,385
22,500
225
238,345
232,940
0
1,259,524

100,000
200,000
177,000
650,000
180,100
33,383
25,000
175,000
177,250
4,000
20,000
2,000
331,000
30,000
10,000
575,000
20,000
50,000
2,759,733

AQUATIC MAINTENANCE BUILDING MAINTENANCE COMMUNITY AREA MAINTENANCE TIM OPERATIONS
CONTINGENCY
DEVELOPMENT COORDINATOR ELECTRIC
ENGINEERING - MAINT. FIELD MANAGEMENT
FOUNTAIN MAINTENANCE & CHEMICALS IRRIGATION PARTS & REPAIRS IRRIGATION WATER
LANDSCAPE MAINTENANCE SIDEWALK CLEANING AND REPAIR SIGNAGE
STORMWATER CONTROL
STREETLIGHT MAINTENANCE AND REPAIR TREE/PLANT REPLACEMENT & TRIM

No Change No Change
Increase per estimate
Reduced per agreement
Increase per estimate
CPI increase per agreement No Change
No Change
Estimate - Additional Maintenance Employee No Change
No Change No Change No Change No Change No Change
Increase per estimate No Change
No Change

TOTAL MAINTENANCE EXPENSES

$

3,170,592

$

1,754,080

$

3,451,225

Total Expenditures

$

3,438,184

$

5,638,331

$

3,353,016

EXCESS / (SHORTFALL)

(2,998,282)

(3,025,720)

PAYMENTS TO TRUSTEE

(2,916,676)

-

(85,910)

CAPITAL OUTLAY

-

BALANCE

$

439,902

$

2,526,701

$

436,339

(219,951)
(219,951)

(215,617)
(200,180)

(218,170)
(218,170)

COUNTY APPRAISER & TAX COLLECTOR FEE DISCOUNTS FOR EARLY PAYMENTS

$

-

$

2,110,904

$

-

NET EXCESS / (SHORTFALL)

6

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

FISCAL YEAR 2024/2025
	ANNUAL BUDGET	

FISCAL YEAR 2025/2026
	FINAL BUDGET	

REVENUES

27,039
74,920
12,367
913
8,297
0
123,535

26,303
75,162
12,713
1,244
9,956
0
125,378

ON-ROLL ASSESSMENTS - DEBT ON-ROLL ASSESSMENTS - Admin
ON-ROLL ASSESSMENTS - Maintenance DEVELOPER CONTRIBUTION/BONDS - TIM STORMWATER
CARRY OVER FUNDS FROM PRIOR YEAR

$

$

 Total Revenues	

EXPENDITURES - ADMIN

650
6,000
400
6,000
7,422
600
11,000
175
17,500
6,500
750
530
60
140
2,200
100
250
2,400
5,000
1,250
68,927

650
6,000
400
6,000
7,644
600
11,000
175
17,500
6,500
750
530
60
140
2,200
100
250
2,400
5,000
1,250
69,149

ARBITRAGE FEE AUDIT
DISSEMINATION AGENT DISTRICT COUNSEL MANAGEMENT ASSESSMENT ROLL TIF/SAD REBATE ANALYSIS DUES, LICENSES & FEES ENGINEERING
GENERAL INSURANCE WEB SITE MAINTENANCE LEGAL ADVERTISING TRAVEL AND PER DIEM OFFICE SUPPLIES OFFICE RENT
POSTAGE & SHIPPING COPIES
SUPERVISOR FEES CONTINGENCY ADMIN
TRUSTEE SERVICES

TOTAL ADMIN EXPENSES

7

FINAL BUDGET
SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT #1 FISCAL YEAR 2025/2026
OCTOBER 1, 2025 - SEPTEMBER 30, 2026
FISCAL YEAR 2024/2025 ANNUAL BUDGET

FISCAL YEAR 2025/2026 FINAL BUDGET

EXPENDITURES - MAINT

830
1,659
622
6,222
1,244
269
207
1,452
622
33
166
17
2,746
249
83
3,583
166
415
20,587

830
1,659
1,468
5,393
1,494
277
207
1,452
1,471
33
166
17
2,746
249
83
4,771
166
415
22,896

AQUATIC MAINTENANCE BUILDING MAINTENANCE COMMUNITY AREA MAINTENANCE TIM OPERATIONS
CONTINGENCY
DEVELOPMENT COORDINATOR ELECTRIC
ENGINEERING - MAINT. FIELD MANAGEMENT
FOUNTAIN MAINTENANCE & CHEMICALS IRRIGATION PARTS & REPAIRS IRRIGATION WATER
LANDSCAPE MAINTENANCE SIDEWALK CLEANING AND REPAIR SIGNAGE
STORMWATER CONTROL
STREETLIGHT MAINTENANCE AND REPAIR TREE/PLANT REPLACEMENT & TRIM

TOTAL MAINTENANCE EXPENSES

$

89,513

$

92,046

Total Expenditures

$

34,022

$

33,333

EXCESS / (SHORTFALL)

(24,875)

(24,198)

PAYMENTS TO TRUSTEE

$

9,146

$

9,134

BALANCE

(4,573)
(4,573)

(4,567)
(4,567)

COUNTY APPRAISER & TAX COLLECTOR FEE DISCOUNTS FOR EARLY PAYMENTS

$

-

$

-

NET EXCESS / (SHORTFALL)

8

FINAL BUDGET
SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT #2 FISCAL YEAR 2025/2026
OCTOBER 1, 2025 - SEPTEMBER 30, 2026

FISCAL YEAR 2024/2025
	ANNUAL BUDGET	

FISCAL YEAR 2025/2026
	FINAL BUDGET	

REVENUES

362,578
74,920
165,833
12,238
111,254
0
726,824

352,710
75,162
170,477
16,688
133,505
0
748,543

ON-ROLL ASSESSMENTS - DEBT ON-ROLL ASSESSMENTS - Admin
ON-ROLL ASSESSMENTS - Maintenance DEVELOPER CONTRIBUTION/BONDS - TIM STORMWATER
CARRY OVER FUNDS FROM PRIOR YEAR

$

$

 Total Revenues	

EXPENDITURES - ADMIN

650
6,000
400
6,000
7,422
600
11,000
175
17,500
6,500
750
530
60
140
2,200
100
250
2,400
5,000
1,250
68,927

650
6,000
400
6,000
7,644
600
11,000
175
17,500
6,500
750
530
60
140
2,200
100
250
2,400
5,000
1,250
69,149

ARBITRAGE FEE AUDIT
DISSEMINATION AGENT DISTRICT COUNSEL MANAGEMENT ASSESSMENT ROLL TIF/SAD REBATE ANALYSIS DUES, LICENSES & FEES ENGINEERING
GENERAL INSURANCE WEB SITE MAINTENANCE LEGAL ADVERTISING TRAVEL AND PER DIEM OFFICE SUPPLIES OFFICE RENT
POSTAGE & SHIPPING COPIES
SUPERVISOR FEES CONTINGENCY ADMIN
TRUSTEE SERVICES

TOTAL ADMIN EXPENSES

9

FINAL BUDGET
SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT #2 FISCAL YEAR 2025/2026
OCTOBER 1, 2025 - SEPTEMBER 30, 2026
FISCAL YEAR 2024/2025 ANNUAL BUDGET

FISCAL YEAR 2025/2026 FINAL BUDGET

EXPENDITURES - MAINT

11,125
22,251
8,344
83,441
16,688
3,606
2,781
19,470
8,344
445
2,225
223
36,825
3,338
1,113
48,052
2,225
5,563
276,058

11,125
22,251
19,692
72,315
20,037
3,714
2,781
19,470
19,720
445
2,225
223
36,825
3,338
1,113
63,971
2,225
5,563
307,033

AQUATIC MAINTENANCE BUILDING MAINTENANCE COMMUNITY AREA MAINTENANCE TIM OPERATIONS
CONTINGENCY
DEVELOPMENT COORDINATOR ELECTRIC
ENGINEERING - MAINT. FIELD MANAGEMENT
FOUNTAIN MAINTENANCE & CHEMICALS IRRIGATION PARTS & REPAIRS IRRIGATION WATER
LANDSCAPE MAINTENANCE SIDEWALK CLEANING AND REPAIR SIGNAGE
STORMWATER CONTROL
STREETLIGHT MAINTENANCE AND REPAIR TREE/PLANT REPLACEMENT & TRIM

TOTAL MAINTENANCE EXPENSES

$

344,985

$

376,182

Total Expenditures

$

381,839

$

372,361

EXCESS / (SHORTFALL)

(333,572)

(324,493)

PAYMENTS TO TRUSTEE

$

48,266

$

47,868

BALANCE

(24,133)
(24,133)

(23,934)
(23,934)

COUNTY APPRAISER & TAX COLLECTOR FEE DISCOUNTS FOR EARLY PAYMENTS

$

-

$

-

NET EXCESS / (SHORTFALL)

10

FINAL BUDGET
SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT #3 FISCAL YEAR 2025/2026
OCTOBER 1, 2025 - SEPTEMBER 30, 2026

FISCAL YEAR 2024/2025
	ANNUAL BUDGET	

FISCAL YEAR 2025/2026
	FINAL BUDGET	

REVENUES

381,835
74,920
174,640
12,888
117,163
0
761,446

371,442
75,162
179,531
17,574
140,596
0
784,306

ON-ROLL ASSESSMENTS - DEBT ON-ROLL ASSESSMENTS - Admin
ON-ROLL ASSESSMENTS - Maintenance DEVELOPER CONTRIBUTION/BONDS - TIM STORMWATER
CARRY OVER FUNDS FROM PRIOR YEAR

$

$

 Total Revenues	

EXPENDITURES - ADMIN

650
6,000
400
6,000
7,422
600
11,000
175
17,500
6,500
750
530
60
140
2,200
100
250
2,400
5,000
1,250
68,927

650
6,000
400
6,000
7,644
600
11,000
175
17,500
6,500
750
530
60
140
2,200
100
250
2,400
5,000
1,250
69,149

ARBITRAGE FEE AUDIT
DISSEMINATION AGENT DISTRICT COUNSEL MANAGEMENT ASSESSMENT ROLL TIF/SAD REBATE ANALYSIS DUES, LICENSES & FEES ENGINEERING
GENERAL INSURANCE WEB SITE MAINTENANCE LEGAL ADVERTISING TRAVEL AND PER DIEM OFFICE SUPPLIES OFFICE RENT
POSTAGE & SHIPPING COPIES
SUPERVISOR FEES CONTINGENCY ADMIN
TRUSTEE SERVICES

TOTAL ADMIN EXPENSES

11

FINAL BUDGET
SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT #3 FISCAL YEAR 2025/2026
OCTOBER 1, 2025 - SEPTEMBER 30, 2026
FISCAL YEAR 2024/2025 ANNUAL BUDGET

FISCAL YEAR 2025/2026 FINAL BUDGET

EXPENDITURES - MAINT

11,716
23,433
8,787
87,872
17,574
3,797
2,929
20,504
8,787
469
2,343
234
38,781
3,515
1,172
50,605
2,343
5,858
290,720

11,716
23,433
20,738
76,156
21,101
3,911
2,929
20,504
20,767
469
2,343
234
38,781
3,515
1,172
67,369
2,343
5,858
323,339

AQUATIC MAINTENANCE BUILDING MAINTENANCE COMMUNITY AREA MAINTENANCE TIM OPERATIONS
CONTINGENCY
DEVELOPMENT COORDINATOR ELECTRIC
ENGINEERING - MAINT. FIELD MANAGEMENT
FOUNTAIN MAINTENANCE & CHEMICALS IRRIGATION PARTS & REPAIRS IRRIGATION WATER
LANDSCAPE MAINTENANCE SIDEWALK CLEANING AND REPAIR SIGNAGE
STORMWATER CONTROL
STREETLIGHT MAINTENANCE AND REPAIR TREE/PLANT REPLACEMENT & TRIM

TOTAL MAINTENANCE EXPENSES

$

359,646

$

392,488

Total Expenditures

$

401,800

$

391,818

EXCESS / (SHORTFALL)

(351,288)

(341,727)

PAYMENTS TO TRUSTEE

$

50,512

$

50,091

BALANCE

(25,256)
(25,256)

(25,045)
(25,045)

COUNTY APPRAISER & TAX COLLECTOR FEE DISCOUNTS FOR EARLY PAYMENTS

$

-

$

-

NET EXCESS / (SHORTFALL)

12

FINAL BUDGET
SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT #4 FISCAL YEAR 2025/2026
OCTOBER 1, 2025 - SEPTEMBER 30, 2026

FISCAL YEAR 2024/2025
	ANNUAL BUDGET	

FISCAL YEAR 2025/2026
	FINAL BUDGET	

REVENUES

430,743
74,920
197,009
14,539
132,170
0
849,381

419,019
75,162
202,527
19,826
158,604
0
875,138

ON-ROLL ASSESSMENTS - DEBT ON-ROLL ASSESSMENTS - Admin
ON-ROLL ASSESSMENTS - Maintenance DEVELOPER CONTRIBUTION/BONDS - TIM STORMWATER
CARRY OVER FUNDS FROM PRIOR YEAR

$

$

 Total Revenues	

EXPENDITURES - ADMIN

650
6,000
400
6,000
7,422
600
11,000
175
17,500
6,500
750
530
60
140
2,200
100
250
2,400
5,000
1,250
68,927

650
6,000
400
6,000
7,644
600
11,000
175
17,500
6,500
750
530
60
140
2,200
100
250
2,400
5,000
1,250
69,149

ARBITRAGE FEE AUDIT
DISSEMINATION AGENT DISTRICT COUNSEL MANAGEMENT ASSESSMENT ROLL TIF/SAD REBATE ANALYSIS DUES, LICENSES & FEES ENGINEERING
GENERAL INSURANCE WEB SITE MAINTENANCE LEGAL ADVERTISING TRAVEL AND PER DIEM OFFICE SUPPLIES OFFICE RENT
POSTAGE & SHIPPING COPIES
SUPERVISOR FEES CONTINGENCY ADMIN
TRUSTEE SERVICES

TOTAL ADMIN EXPENSES

13

FINAL BUDGET
SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT #4 FISCAL YEAR 2025/2026
OCTOBER 1, 2025 - SEPTEMBER 30, 2026
FISCAL YEAR 2024/2025 ANNUAL BUDGET

FISCAL YEAR 2025/2026 FINAL BUDGET

EXPENDITURES - MAINT

13,217
26,434
9,913
99,128
19,826
4,284
3,304
23,130
9,913
529
2,643
264
43,748
3,965
1,322
57,086
2,643
6,609
327,957

13,217
26,434
23,394
85,911
23,804
4,412
3,304
23,130
23,427
529
2,643
264
43,748
3,965
1,322
75,998
2,643
6,609
364,754

AQUATIC MAINTENANCE BUILDING MAINTENANCE COMMUNITY AREA MAINTENANCE TIM OPERATIONS
CONTINGENCY
DEVELOPMENT COORDINATOR ELECTRIC
ENGINEERING - MAINT. FIELD MANAGEMENT
FOUNTAIN MAINTENANCE & CHEMICALS IRRIGATION PARTS & REPAIRS IRRIGATION WATER
LANDSCAPE MAINTENANCE SIDEWALK CLEANING AND REPAIR SIGNAGE
STORMWATER CONTROL
STREETLIGHT MAINTENANCE AND REPAIR TREE/PLANT REPLACEMENT & TRIM

TOTAL MAINTENANCE EXPENSES

$

396,884

$

433,904

Total Expenditures

$

452,497

$

441,234

EXCESS / (SHORTFALL)

(396,283)

(385,498)

PAYMENTS TO TRUSTEE

$

56,214

$

55,737

BALANCE

(28,107)
(28,107)

(27,868)
(27,868)

COUNTY APPRAISER & TAX COLLECTOR FEE DISCOUNTS FOR EARLY PAYMENTS

$

-

$

-

NET EXCESS / (SHORTFALL)

14

FINAL BUDGET
SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT #5 FISCAL YEAR 2025/2026
OCTOBER 1, 2025 - SEPTEMBER 30, 2026

FISCAL YEAR 2024/2025
	ANNUAL BUDGET	

FISCAL YEAR 2025/2026
	FINAL BUDGET	

REVENUES

489,080
74,920
223,691
16,508
150,071
0
954,270

475,769
75,162
229,956
22,511
180,085
0
983,482

ON-ROLL ASSESSMENTS - DEBT ON-ROLL ASSESSMENTS - Admin
ON-ROLL ASSESSMENTS - Maintenance DEVELOPER CONTRIBUTION/BONDS - TIM STORMWATER
CARRY OVER FUNDS FROM PRIOR YEAR

$

$

 Total Revenues	

EXPENDITURES - ADMIN

650
6,000
400
6,000
7,422
600
11,000
175
17,500
6,500
750
530
60
140
2,200
100
250
2,400
5,000
1,250
0
68,927

650
6,000
400
6,000
7,644
600
11,000
175
17,500
6,500
750
530
60
140
2,200
100
250
2,400
5,000
1,250
0
69,149

ARBITRAGE FEE AUDIT
DISSEMINATION AGENT DISTRICT COUNSEL MANAGEMENT ASSESSMENT ROLL TIF/SAD REBATE ANALYSIS DUES, LICENSES & FEES ENGINEERING
GENERAL INSURANCE WEB SITE MAINTENANCE LEGAL ADVERTISING TRAVEL AND PER DIEM OFFICE SUPPLIES OFFICE RENT
POSTAGE & SHIPPING COPIES
SUPERVISOR FEES CONTINGENCY ADMIN TRUSTEE SERVICES
TIM Capital

TOTAL ADMIN EXPENSES

15

FINAL BUDGET
SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT #5 FISCAL YEAR 2025/2026
OCTOBER 1, 2025 - SEPTEMBER 30, 2026
FISCAL YEAR 2024/2025 ANNUAL BUDGET

FISCAL YEAR 2025/2026 FINAL BUDGET

EXPENDITURES - MAINT

15,007
30,014
11,255
112,553
22,511
4,864
3,752
26,262
11,255
600
3,001
300
49,673
4,502
1,501
64,818
3,001
7,504
372,374

15,007
30,014
26,562
97,546
27,028
5,010
3,752
26,262
26,600
600
3,001
300
49,673
4,502
1,501
86,291
3,001
7,504
414,155

AQUATIC MAINTENANCE BUILDING MAINTENANCE COMMUNITY AREA MAINTENANCE TIM OPERATIONS
CONTINGENCY
DEVELOPMENT COORDINATOR ELECTRIC
ENGINEERING - MAINT. FIELD MANAGEMENT
FOUNTAIN MAINTENANCE & CHEMICALS IRRIGATION PARTS & REPAIRS IRRIGATION WATER
LANDSCAPE MAINTENANCE SIDEWALK CLEANING AND REPAIR SIGNAGE
STORMWATER CONTROL
STREETLIGHT MAINTENANCE AND REPAIR TREE/PLANT REPLACEMENT & TRIM

TOTAL MAINTENANCE EXPENSES

$

441,301

$

483,304

Total Expenditures

$

512,969

$

500,178

EXCESS / (SHORTFALL)

(449,954)

(437,707)

PAYMENTS TO TRUSTEE

$

63,015

$

62,471

BALANCE

(31,508)
(31,508)

(31,235)
(31,235)

COUNTY APPRAISER & TAX COLLECTOR FEE DISCOUNTS FOR EARLY PAYMENTS

$

-

$

-

NET EXCESS / (SHORTFALL)

16

FINAL BUDGET
SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT #6 FISCAL YEAR 2025/2026
OCTOBER 1, 2025 - SEPTEMBER 30, 2026

FISCAL YEAR 2024/2025
	ANNUAL BUDGET	

FISCAL YEAR 2025/2026
	FINAL BUDGET	

REVENUES

183,107
74,920
83,748
6,180
56,185
0
404,140

178,123
75,162
86,093
8,428
67,422
0
415,228

ON-ROLL ASSESSMENTS - DEBT ON-ROLL ASSESSMENTS - Admin
ON-ROLL ASSESSMENTS - Maintenance DEVELOPER CONTRIBUTION/BONDS - TIM STORMWATER
CARRY OVER FUNDS FROM PRIOR YEAR

$

$

 Total Revenues	

EXPENDITURES - ADMIN

650
6,000
400
6,000
7,422
600
11,000
175
17,500
6,500
750
530
60
140
2,200
100
250
2,400
5,000
1,250
68,927

650
6,000
400
6,000
7,644
600
11,000
175
17,500
6,500
750
530
60
140
2,200
100
250
2,400
5,000
1,250
69,149

ARBITRAGE FEE AUDIT
DISSEMINATION AGENT DISTRICT COUNSEL MANAGEMENT ASSESSMENT ROLL TIF/SAD REBATE ANALYSIS DUES, LICENSES & FEES ENGINEERING
GENERAL INSURANCE WEB SITE MAINTENANCE LEGAL ADVERTISING TRAVEL AND PER DIEM OFFICE SUPPLIES OFFICE RENT
POSTAGE & SHIPPING COPIES
SUPERVISOR FEES CONTINGENCY ADMIN
TRUSTEE SERVICES

TOTAL ADMIN EXPENSES

17

FINAL BUDGET
SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT #6 FISCAL YEAR 2025/2026
OCTOBER 1, 2025 - SEPTEMBER 30, 2026
FISCAL YEAR 2024/2025 ANNUAL BUDGET

FISCAL YEAR 2025/2026 FINAL BUDGET

EXPENDITURES - MAINT

5,618
11,237
4,214
42,139
8,428
1,821
1,405
9,832
4,214
225
1,124
112
18,597
1,686
562
24,267
1,124
2,809
139,413

5,618
11,237
9,945
36,520
10,119
1,876
1,405
9,832
9,959
225
1,124
112
18,597
1,686
562
32,306
1,124
2,809
155,056

AQUATIC MAINTENANCE BUILDING MAINTENANCE COMMUNITY AREA MAINTENANCE TIM OPERATIONS
CONTINGENCY
DEVELOPMENT COORDINATOR ELECTRIC
ENGINEERING - MAINT. FIELD MANAGEMENT
FOUNTAIN MAINTENANCE & CHEMICALS IRRIGATION PARTS & REPAIRS IRRIGATION WATER
LANDSCAPE MAINTENANCE SIDEWALK CLEANING AND REPAIR SIGNAGE
STORMWATER CONTROL
STREETLIGHT MAINTENANCE AND REPAIR TREE/PLANT REPLACEMENT & TRIM

TOTAL MAINTENANCE EXPENSES

$

208,340

$

224,205

Total Expenditures

$

195,800

$

191,024

EXCESS / (SHORTFALL)

(168,458)

(163,873)

PAYMENTS TO TRUSTEE

$

27,342

$

27,150

BALANCE

(13,671)
(13,671)

(13,575)
(13,575)

COUNTY APPRAISER & TAX COLLECTOR FEE DISCOUNTS FOR EARLY PAYMENTS

$

-

$

-

NET EXCESS / (SHORTFALL)

18

FINAL BUDGET
SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT #7 FISCAL YEAR 2025/2026
OCTOBER 1, 2025 - SEPTEMBER 30, 2026

FISCAL YEAR 2024/2025
	ANNUAL BUDGET	

FISCAL YEAR 2025/2026
	FINAL BUDGET	

REVENUES

430,743
74,920
197,009
14,539
132,170
0
849,381

419,019
75,162
202,527
19,826
158,604
0
875,138

ON-ROLL ASSESSMENTS - DEBT ON-ROLL ASSESSMENTS - Admin
ON-ROLL ASSESSMENTS - Maintenance DEVELOPER CONTRIBUTION/BONDS - TIM STORMWATER
CARRY OVER FUNDS FROM PRIOR YEAR

$

$

 Total Revenues	

EXPENDITURES - ADMIN

650
6,000
400
6,000
7,422
600
11,000
175
17,500
6,500
750
530
60
140
2,200
100
250
2,400
5,000
1,250
68,927

650
6,000
400
6,000
7,644
600
11,000
175
17,500
6,500
750
530
60
140
2,200
100
250
2,400
5,000
1,250
69,149

ARBITRAGE FEE AUDIT
DISSEMINATION AGENT DISTRICT COUNSEL MANAGEMENT ASSESSMENT ROLL TIF/SAD REBATE ANALYSIS DUES, LICENSES & FEES ENGINEERING
GENERAL INSURANCE WEB SITE MAINTENANCE LEGAL ADVERTISING TRAVEL AND PER DIEM OFFICE SUPPLIES OFFICE RENT
POSTAGE & SHIPPING COPIES
SUPERVISOR FEES CONTINGENCY ADMIN
TRUSTEE SERVICES

TOTAL ADMIN EXPENSES

19

FINAL BUDGET
SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT #7 FISCAL YEAR 2025/2026
OCTOBER 1, 2025 - SEPTEMBER 30, 2026
FISCAL YEAR 2024/2025 ANNUAL BUDGET

FISCAL YEAR 2025/2026 FINAL BUDGET

EXPENDITURES - MAINT

13,217
26,434
9,913
99,128
19,826
4,284
3,304
23,130
9,913
529
2,643
264
43,748
3,965
1,322
57,086
2,643
6,609
327,957

13,217
26,434
23,394
85,911
23,804
4,412
3,304
23,130
23,427
529
2,643
264
43,748
3,965
1,322
75,998
2,643
6,609
364,754

AQUATIC MAINTENANCE BUILDING MAINTENANCE COMMUNITY AREA MAINTENANCE TIM OPERATIONS
CONTINGENCY
DEVELOPMENT COORDINATOR ELECTRIC
ENGINEERING - MAINT. FIELD MANAGEMENT
FOUNTAIN MAINTENANCE & CHEMICALS IRRIGATION PARTS & REPAIRS IRRIGATION WATER
LANDSCAPE MAINTENANCE SIDEWALK CLEANING AND REPAIR SIGNAGE
STORMWATER CONTROL
STREETLIGHT MAINTENANCE AND REPAIR TREE/PLANT REPLACEMENT & TRIM

TOTAL MAINTENANCE EXPENSES

$

396,884

$

433,904

Total Expenditures

$

452,497

$

441,234

EXCESS / (SHORTFALL)

(396,283)

(385,498)

PAYMENTS TO TRUSTEE

$

56,214

$

55,737

BALANCE

(28,107)
(28,107)

(27,868)
(27,868)

COUNTY APPRAISER & TAX COLLECTOR FEE DISCOUNTS FOR EARLY PAYMENTS

$

-

$

-

NET EXCESS / (SHORTFALL)

20

FINAL BUDGET
SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT #8 FISCAL YEAR 2025/2026
OCTOBER 1, 2025 - SEPTEMBER 30, 2026

FISCAL YEAR 2024/2025
	ANNUAL BUDGET	

FISCAL YEAR 2025/2026
	FINAL BUDGET	

REVENUES

381,835
74,920
174,640
12,888
117,163
0
761,446

371,442
75,162
179,531
17,574
140,596
0
784,306

ON-ROLL ASSESSMENTS - DEBT ON-ROLL ASSESSMENTS - Admin
ON-ROLL ASSESSMENTS - Maintenance DEVELOPER CONTRIBUTION/BONDS - TIM STORMWATER
CARRY OVER FUNDS FROM PRIOR YEAR

$

$

 Total Revenues	

EXPENDITURES - ADMIN

650
6,000
400
6,000
7,422
600
11,000
175
17,500
6,500
750
530
60
140
2,200
100
250
2,400
5,000
1,250
68,927

650
6,000
400
6,000
7,644
600
11,000
175
17,500
6,500
750
530
60
140
2,200
100
250
2,400
5,000
1,250
69,149

ARBITRAGE FEE AUDIT
DISSEMINATION AGENT DISTRICT COUNSEL MANAGEMENT ASSESSMENT ROLL TIF/SAD REBATE ANALYSIS DUES, LICENSES & FEES ENGINEERING
GENERAL INSURANCE WEB SITE MAINTENANCE LEGAL ADVERTISING TRAVEL AND PER DIEM OFFICE SUPPLIES OFFICE RENT
POSTAGE & SHIPPING COPIES
SUPERVISOR FEES CONTINGENCY ADMIN
TRUSTEE SERVICES

TOTAL ADMIN EXPENSES

21

FINAL BUDGET
SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT #8 FISCAL YEAR 2025/2026
OCTOBER 1, 2025 - SEPTEMBER 30, 2026
FISCAL YEAR 2024/2025 ANNUAL BUDGET

FISCAL YEAR 2025/2026 FINAL BUDGET

EXPENDITURES - MAINT

11,716
23,433
8,787
87,872
17,574
3,797
2,929
20,504
8,787
469
2,343
234
38,781
3,515
1,172
50,605
2,343
5,858
290,720

11,716
23,433
20,738
76,156
21,101
3,911
2,929
20,504
20,767
469
2,343
234
38,781
3,515
1,172
67,369
2,343
5,858
323,339

AQUATIC MAINTENANCE BUILDING MAINTENANCE COMMUNITY AREA MAINTENANCE TIM OPERATIONS
CONTINGENCY
DEVELOPMENT COORDINATOR ELECTRIC
ENGINEERING - MAINT. FIELD MANAGEMENT
FOUNTAIN MAINTENANCE & CHEMICALS IRRIGATION PARTS & REPAIRS IRRIGATION WATER
LANDSCAPE MAINTENANCE SIDEWALK CLEANING AND REPAIR SIGNAGE
STORMWATER CONTROL
STREETLIGHT MAINTENANCE AND REPAIR TREE/PLANT REPLACEMENT & TRIM

TOTAL MAINTENANCE EXPENSES

$

359,646

$

392,488

Total Expenditures

$

401,800

$

391,818

EXCESS / (SHORTFALL)

(351,288)

(341,727)

PAYMENTS TO TRUSTEE

$

50,512

$

50,091

BALANCE

(25,256)
(25,256)

(25,045)
(25,045)

COUNTY APPRAISER & TAX COLLECTOR FEE DISCOUNTS FOR EARLY PAYMENTS

$

-

$

-

NET EXCESS / (SHORTFALL)

22

FINAL BUDGET
SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT #9 FISCAL YEAR 2025/2026
OCTOBER 1, 2025 - SEPTEMBER 30, 2026

FISCAL YEAR 2024/2025
	ANNUAL BUDGET	

FISCAL YEAR 2025/2026
	FINAL BUDGET	

REVENUES

183,107
74,920
83,748
6,180
56,185
0
404,140

178,123
75,162
86,093
8,428
67,422
0
415,228

ON-ROLL ASSESSMENTS - DEBT ON-ROLL ASSESSMENTS - Admin
ON-ROLL ASSESSMENTS - Maintenance DEVELOPER CONTRIBUTION/BONDS - TIM STORMWATER
CARRY OVER FUNDS FROM PRIOR YEAR

$

$

 Total Revenues	

EXPENDITURES - ADMIN

650
6,000
400
6,000
7,422
600
11,000
175
17,500
6,500
750
530
60
140
2,200
100
250
2,400
5,000
1,250
68,927

650
6,000
400
6,000
7,644
600
11,000
175
17,500
6,500
750
530
60
140
2,200
100
250
2,400
5,000
1,250
69,149

ARBITRAGE FEE AUDIT
DISSEMINATION AGENT DISTRICT COUNSEL MANAGEMENT ASSESSMENT ROLL TIF/SAD REBATE ANALYSIS DUES, LICENSES & FEES ENGINEERING
GENERAL INSURANCE WEB SITE MAINTENANCE LEGAL ADVERTISING TRAVEL AND PER DIEM OFFICE SUPPLIES OFFICE RENT
POSTAGE & SHIPPING COPIES
SUPERVISOR FEES CONTINGENCY ADMIN
TRUSTEE SERVICES

TOTAL ADMIN EXPENSES

23

FINAL BUDGET
SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT #9 FISCAL YEAR 2025/2026
OCTOBER 1, 2025 - SEPTEMBER 30, 2026
FISCAL YEAR 2024/2025 ANNUAL BUDGET

FISCAL YEAR 2025/2026 FINAL BUDGET

EXPENDITURES - MAINT

5,618
11,237
4,214
42,139
8,428
1,821
1,405
9,832
4,214
225
1,124
112
18,597
1,686
562
24,267
1,124
2,809
139,413

5,618
11,237
9,945
36,520
10,119
1,876
1,405
9,832
9,959
225
1,124
112
18,597
1,686
562
32,306
1,124
2,809
155,056

AQUATIC MAINTENANCE BUILDING MAINTENANCE COMMUNITY AREA MAINTENANCE TIM OPERATIONS
CONTINGENCY
DEVELOPMENT COORDINATOR ELECTRIC
ENGINEERING - MAINT. FIELD MANAGEMENT
FOUNTAIN MAINTENANCE & CHEMICALS IRRIGATION PARTS & REPAIRS IRRIGATION WATER
LANDSCAPE MAINTENANCE SIDEWALK CLEANING AND REPAIR SIGNAGE
STORMWATER CONTROL
STREETLIGHT MAINTENANCE AND REPAIR TREE/PLANT REPLACEMENT & TRIM

TOTAL MAINTENANCE EXPENSES

$

208,340

$

224,205

Total Expenditures

$

195,800

$

191,024

EXCESS / (SHORTFALL)

(168,458)

(163,873)

PAYMENTS TO TRUSTEE

$

27,342

$

27,150

BALANCE

(13,671)
(13,671)

(13,575)
(13,575)

COUNTY APPRAISER & TAX COLLECTOR FEE DISCOUNTS FOR EARLY PAYMENTS

$

-

$

-

NET EXCESS / (SHORTFALL)

24

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

FISCAL YEAR 2024/2025
	ANNUAL BUDGET	

FISCAL YEAR 2025/2026
	FINAL BUDGET	

REVENUES

388,935
74,920
177,888
13,128
119,342
0
774,213

378,350
75,162
182,870
17,901
143,210
0
797,493

ON-ROLL ASSESSMENTS - DEBT
ON-ROLL ASSESSMENTS - Operations ON-ROLL ASSESSMENTS - Maintenance
DEVELOPER CONTRIBUTION/BONDS - TIM
STORMWATER
CARRY OVER FUNDS FROM PRIOR YEAR

$

$

 Total Revenues	

EXPENDITURES - ADMIN

650
6,000
400
6,000
7,422
600
11,000
175
17,500
6,500
750
530
60
140
2,200
100
250
2,400
5,000
1,250
68,927

650
6,000
400
6,000
7,644
600
11,000
175
17,500
6,500
750
530
60
140
2,200
100
250
2,400
5,000
1,250
69,149

ARBITRAGE REBATE FEE AUDIT
DISSEMINATION AGENT DISTRICT COUNSEL MANAGEMENT ASSESSMENT ROLL TIF/SAD REBATE ANALYSIS DUES, LICENSES & FEES ENGINEERING
GENERAL INSURANCE WEB SITE MAINTENANCE LEGAL ADVERTISING TRAVEL AND PER DIEM OFFICE SUPPLIES OFFICE RENT
POSTAGE & SHIPPING COPIES
SUPERVISOR FEES CONTINGENCY ADMIN
TRUSTEE SERVICES

TOTAL ADMIN EXPENSES

25

FINAL BUDGET
SOUTHERN GROVE COMMUNITY DEVELOPMENT DISTRICT #10 FISCAL YEAR 2025/2026
OCTOBER 1, 2025 - SEPTEMBER 30, 2026
FISCAL YEAR 2024/2025 ANNUAL BUDGET

FISCAL YEAR 2025/2026 FINAL BUDGET

EXPENDITURES - MAINT

11,934
23,868
8,951
89,506
17,901
3,868
2,984
20,885
8,951
477
2,387
239
39,502
3,580
1,193
51,546
2,387
5,967
296,126

11,934
23,868
21,124
77,572
21,493
3,984
2,984
20,885
21,153
477
2,387
239
39,502
3,580
1,193
68,622
2,387
5,967
329,352

AQUATIC MAINTENANCE BUILDING MAINTENANCE COMMUNITY AREA MAINTENANCE TIM OPERATIONS
CONTINGENCY
DEVELOPMENT COORDINATOR ELECTRIC
ENGINEERING - MAINT. FIELD MANAGEMENT
FOUNTAIN MAINTENANCE & CHEMICALS IRRIGATION PARTS & REPAIRS IRRIGATION WATER
LANDSCAPE MAINTENANCE SIDEWALK CLEANING AND REPAIR SIGNAGE
STORMWATER CONTROL
STREETLIGHT MAINTENANCE AND REPAIR TREE/PLANT REPLACEMENT & TRIM

TOTAL MAINTENANCE EXPENSES

$

365,053

$

398,501

Total Expenditures

$

409,160

$

398,992

EXCESS / (SHORTFALL)

(357,820)

(348,082)

PAYMENTS TO TRUSTEE

$

51,339

$

50,911

BALANCE

(25,670)
(25,670)

(25,455)
(25,455)

COUNTY APPRAISER & TAX COLLECTOR FEE DISCOUNTS FOR EARLY PAYMENTS

$

-

$

-

NET EXCESS / (SHORTFALL)

26

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

On Fiscal Year 2025/2026 Tax Roll*

*As of August 18, 2025
**Rounded

Total ERUs on Roll

Assessments Per Unit*

*Rounded

27

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

12,627.77

TYPE

Volume	ERU Factor	ERUS**

Single Family - General

2,322

1.0000

2,322.00

Multi-Family

410

1.0000

410.00

Apartments

2,040

0.5000

1,020.00

Retail Sq. Ft.

100,570

0.0020

201.14

Office Sq. Ft.

155,928

0.0010

155.93

Research Sq.Ft.

286,574

0.0010

286.57

Warehouse Sq.Ft.

2,000,764

0.0010

2,000.76

Hotel Rooms

399

1.0000

399.00

Hospital

180

3.0000

540.00

Acreage

1,323

4.0000

5,292.36

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

FISCAL YEAR 2025/2026
FINAL BUDGET

REVENUES

Interest Income
Net 2019 Bond Collections Net 2020 Bond Collections Net 2021 Bond Collections Net 2022 Bond Collections Net 2024 Bond Collections

0
441,463
342,820
669,540
896,025
566,829

Total Revenues

$

2,916,676

EXPENDITURES

2019 Bond Payments
2020 Bond Payments
2021 Bond Payments
2022 Bond Payments
2024 Bond Payments
Miscellaneous / Extra Redemption (2019) Miscellaneous / Extra Redemption (2020) Miscellaneous / Extra Redemption (2021) Miscellaneous / Extra Redemption (2022)
Miscellaneous / Extra Redemption (2024)

441,463
342,820
669,540
896,025
566,829
0
0
0
0
0

Total Expenditures

$

2,916,676

Excess / (Shortfall)

$

-

28

FINAL DEBT ASSESSMENTS FISCAL YEAR 2025/2026
OCTOBER 1, 2025 - SEPTEMBER 30, 2026

Units	Est. Gross Annual
Sq. Ft.	PI Debt Service/Unit*

Land Use

Folio#

Landowner

Research
Hotel Research Hospital Research Retail Office Research Retail Retail Retail Office Office Retail
SF 55 or Less SF 56 - 66
Apts Retail Retail
Medical Office Apts Warehouse
SF 55 or Less SF 56 - 66
Retail
SF 55 or Less SF 56 - 66
Retail
Medical Office Hotel
SF 55 or Less SF 56 - 66
SF 55 or Less SF 56 - 66
SF 55 or Less SF 56 - 66
SF 55 or Less SF 56 - 66
SF 55 or Less SF 56 - 66
Retail Retail
Warehouse Hotel
Retail Apts Apts Apts MF
SF 56 - 66

4315-600-0001-000-8
4315-606-0003-000-0
4315-502-0008-000-6
4315-501-0004-000-5
4315-608-0001-000-2
4315-602-0002-000-1
4315-505-0005-000-4
4315-608-0002-000-9
4315-607-0002-000-6
4315-606-0002-000-3
4315-607-0005-000-7
4315-607-0003-000-3
4315-506-0002-000-6
4315-609-0006-000-0
Multiple Multiple
4315-613-0001-000-8
4315-605-0003-000-7
4315-609-0004-000-6
4315-603-0001-000-7
4315-500-0012-000-1
4315-800-0003-000-6
Multiple Multiple
4315-607-0004-000-0
Multiple Multiple
4315-609-0007-000-7
4315-611-0002-000-9
4315-612-0001-000-5
4315-500-0008-000-0
4315-500-0008-000-0
Multiple Multiple Multiple Multiple Multiple Multiple Multiple Multiple
4315-609-0005-000-3
4315-614-0001-000-1
4335-500-0003-000-7
4315-705-0002-000-7
4315-705-0001-000-0
4315-615-0002-000-1
4315-615-0003-000-8
4315-700-0030-000-7
4334-700-0003-000-8
Multiple

City of Port St. Lucie (Torrey Pines)
BBL at Equinox (Homewood Suites) City of Port St. Lucie (formerly VGTI) Martin Memorial
Trad Health (Bldg 1 - south) Mason Street Holdings (Wawa) Pegasus PSL (Keiser University) Trad Health (Bldg 2 - north) G&S Family Hospitality (Culvers)
BBL at Tradition (Recovery Sports Bar & Grill) CFT NV Developments (Panda Express)
PRD Owner (Dental Care) SFO Holdings (Urgent Care) Pershing Properties (Verizon)
Del Webb @ Tradition (Phases 1 and 2) Del Webb @ Tradition (Phases 1 and 2) Continental 409
Northern Lights Realty (Innovation Plaza) JEM Port St Lucie (Restaurant & mini golf) Florida Vision (Bldg 1)
Grande Palms II (Phase 1 - south)
CES Port St. Lucie Landlord (City Electric) Heron Preserve
Heron Preserve
Tradition Lot 3 (eastern portion - PDQ 000) Del Webb @ Tradition (Phase 3)
Del Webb @ Tradition (Phase 3)
RDP 11 (southern portion - Burger King) KYK Holdings (Premier Medical Plaza)
Tradition Hotel Holdings, LLC (Courtyard by Marriott) Mattamy
Mattamy Manderlie - Phase 2 Manderlie - Phase 2
Heron Preserve - Phase 2 Heron Preserve - Phase 2 Del Webb - Phase 4
Del Webb - Phase 4 Tolero - Phase 1 Tolero - Phase 1
RG Tradition, LLC (Starbucks)
RDP 11, LLC (north - 3 tenant bldg.) PSL Industrial Owner, LLC
Tradition One, LLC (Tru by Hilton) Suratman, LLC
Watermark at Port St Lucie FL, LLC Lucie at Tradition, LLC
CCC-PSL, LLC
America Walks at Port St. Lucie, LLC GRBK GHO Belterra, LLC - Phase 1
29

85937
111
92142
180
45238
6280
75146
64128
4652
6518
2766
4000
32360
2500
161
42
304
10478
6251
34350
300
411852
151
50
2782
130
46
2967
9986
84
54
36
51
32
142
50
159
20
157
29
2500
5124
245111
82
10476
214
264
286
410
79

$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$

0.08
220.48
0.03
293.18
0.11
0.73
0.33
0.31
0.73
0.68
0.73
0.30
0.34
0.76
466.79
516.27
358.01
0.82
0.72
0.38
350.57
0.42
499.95
560.55
0.77
525.79
589.69
0.87
0.38
452.77
524.67
588.89
476.09
534.37
477.11
535.09
477.11
535.09
477.77
535.76
0.75
0.79
0.41
407.86
0.79
330.69
330.89
330.48
445.65
536.67

FINAL DEBT ASSESSMENTS FISCAL YEAR 2025/2026
OCTOBER 1, 2025 - SEPTEMBER 30, 2026

SF 67 or More Retail
SF 56 - 66
SF 67 or More SF 55 or Less SF 56 - 66
SF 55 or Less SF 56 - 66
SF 55 or Less SF 56 - 66
Apts Retail Retail Retail Retail
Warehouse Warehouse Warehouse Warehouse SF 55 or Less SF 56 - 66
SF 55 or Less SF 56 - 66
SF 56 - 66
SF 67 or More Hotel
Warehouse Retail Retail
Warehouse

Multiple
4315-615-0001-000-4
Multiple Multiple Multiple Multiple Multiple Multiple Multiple Multiple
4315-500-0011-000-4
4316-504-0002-000-3
4316-504-0001-000-6
4316-504-0003-000-0
4315-603-0002-000-4
4315-802-0002-000-5
4326-601-0002-000-2
4335-500-0004-000-4
4315-706-0003-000-7
Multiple Multiple Multiple Multiple Multiple Multiple
4315-708-0001-000-9
4326-600-0004-000-3
4315-607-0004-010-3
4315-710-0001-000-6
4322-500-0001-000-3

GRBK GHO Belterra, LLC - Phase 1
Vitas Healthcare Corporation of Florida, Inc. GRBK GHO Belterra, LLC - Phase 1, Plat 1 & 2 GRBK GHO Belterra, LLC - Phase 1, Plat 1 & 2 Del Webb - Plat 5A
Del Webb - Plat 5A Kenley - Plat 1 Kenley - Plat 1 Telaro - Plat 2
Telaro - Plat 2

77
32000
26
47
70
24
137
77
206
50
300
9350
5820
9969
14040
150351
351869
168000
75246
269
14
66
18
33
43
122
520000
4368
64684
11508

$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$

580.43
0.77
689.43
745.65
612.92
687.41
616.89
691.39
614.96
690.08
412.03
0.99
0.99
0.98
0.92
0.52
0.52
0.52
0.52
588.71
660.26
588.71
660.26
662.20
716.20
503.35
0.50
0.97
0.97
0.50

Grande Palms at Tradition I, LLC

(north parcel)

Local Strip, LLC (west Barron Shoppes parcel - sold) Baron Shoppes Tradition, LLC (east parcel)
PCW Holdings, LLC (carwash) Amber Hills Properties, LLC Accel Florida, LLC
Cheney Bros, Inc.
NBPIII Legacy III, LLC (Lot 2)
Oculus Surgical, Inc. Del Webb - Plat 5B & 6 Del Webb - Plat 5B & 6
Heron Preserve - Plat 2B Heron Preserve - Plat 2B
GRBK GHO Belterra, LLC - Phase 1, Plat 3 GRBK GHO Belterra, LLC - Phase 1, Plat 3
TGC Port St Lucie, LLC (Woodspring Suites Hotel)
NBPIII Legacy IV, LLC (Lot 4)
Michael Benjamin Menahem (TR) (west parcel retail - 2-tent Pebb Tradition SG3, LLC (Aldi plus 3 retail bldgs)
Tradition Business Center, LLC (1st industrial building)

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

30