Community Development District Proposed Budget FY 2027 Gardens at Hammock Beach 1 2-5 6-7 8-9 10 Assessment Chart Assessment Area 2 - Special Assessment Bond Series AA2 Table of Contents General Fund General Fund Narrative Assessment Area 1 - Special Assessment Bond Series AA1 Gardens at Hammock Beach Community Development District Proposed Budget General Fund Adopted Actuals Projected Description FBYu2d0g2e6t 4T/h3ro0u/g2h6 5 MNoenxtths ToP9tar/lo 3Tje0hc/rt2eoud6gh PFBrYou2pd0ogs2ee7td ADRMseeissvveceeeslnslomluapeenesner toCsu o -sn TRtraeixvb euCntoiulolenecstor $$$ 3 41 44 ,, 59 -9040 $$$ 2 0 13 ,, 31 -3272 $$$ 1 1 , 7 --78 $$$ 3 1 14 ,, 39 -3070 $$$ 3 51 64 ,, 49 -6080 Total Revenues $ 359,494 $ 204,459 $ 111,778 $ 316,237 $ 371,368 Expenditures Administrative Supervisor Fees 7,200 $ - $ 1,800 $ 1,800 $ 7,200 $ FICA Expense 551 $ - $ 138 $ 138 $ 551 $ Engineering 5,000 $ - $ 2,500 $ 2,500 $ 5,000 $ Attorney 10,000 $ - $ 5,000 $ 5,000 $ 10,000 $ Dissemination 3,605 $ 2,703 $ 1,502 $ 4,205 $ 3,821 $ Arbitrage 450 $ - $ 450 $ 450 $ 450 $ Trustee Fees 4,500 $ - $ 2,250 $ 2,250 $ 4,500 $ Annual Audit 5,000 $ 5,100 $ - $ 5,100 $ 5,100 $ Management Fees 41,200 $ 24,033 $ 17,167 $ 41,200 $ 43,672 $ Information Technology 1,854 $ 1,032 $ 773 $ 1,805 $ 1,965 $ Website Maintenance 1,236 $ 721 $ 515 $ 1,236 $ 1,310 $ Telephone 100 $ - $ 50 $ 50 $ 100 $ Postage 750 $ 37 $ 250 $ 287 $ 750 $ Insurance 7,268 $ - $ 7,268 $ 7,268 $ 7,268 $ Printing & Binding 500 $ 1 $ 250 $ 251 $ 500 $ Legal Advertising 5,000 $ - $ 2,500 $ 2,500 $ 5,000 $ Other Current Charges 610 $ 309 $ 215 $ 524 $ 610 $ Office Supplies 125 $ 54 $ 71 $ 125 $ 125 $ Dues, Licenses & Subscriptions 175 $ 175 $ - $ 175 $ 175 $ Total Administrative 95,124 $ 34,165 $ 42,698 $ 76,863 $ 98,098 $ Field - Assessment Area 1 Field Management 15,000 $ 5,000 $ 6,250 $ 11,250 $ 15,900 $ Electric - Streetlights 45,270 $ 19,077 $ 13,921 $ 32,998 $ 45,270 $ Electric - Irrigation/Signs 4,100 $ 1,680 $ 1,200 $ 2,880 $ 4,100 $ Water & Sewer 30,000 $ - $ 15,000 $ 15,000 $ 30,000 $ Landscape Maintenance 130,000 $ 31,052 $ 31,204 $ 62,256 $ 130,000 $ Landscape Contingency 2,000 $ - $ 1,000 $ 1,000 $ 2,000 $ Property Insurance 6,000 $ - $ 6,000 $ 6,000 $ 10,000 $ Lake Maintenance 15,000 $ 2,275 $ 1,625 $ 3,900 $ 15,000 $ Stormwater Repairs & Maintenance 5,000 $ - $ 2,500 $ 2,500 $ 5,000 $ General Repairs & Maintenance 1,000 $ - $ 500 $ 500 $ 5,000 $ Irrigation Repairs 5,000 $ 1,194 $ 853 $ 2,047 $ 5,000 $ Sidewalk/Asphalt Repairs 5,000 $ - $ 2,500 $ 2,500 $ 5,000 $ Contingency 1,000 $ - $ 500 $ 500 $ 1,000 $ Total Field 264,370 $ 60,278 $ 83,053 $ 143,331 $ 273,270 $ Total Expenditures 359,494 $ 94,443 $ 125,751 $ 220,194 $ 371,368 $ Excess Revenues/(Expenditures) 0 $ 110,016 $ (13,973) $ 96,043 $ - $ Net Annual Per Unit Net Annual Net Annual Per Unit Increase Land Use Units Fiscal Year 2027 Fiscal Year 2027 Fiscal Year 2026 Per Unit Single Family 335 940.00 $ 314,900 $ 940.00 $ - $ Net Annual Assessment 314,900 $ Less: Disounts & Collections (6%) (20,100) $ Gross Annual Assessments 335,000 $ Gardens at Hammock Beach Community Development District GENERAL FUND BUDGET REVENUES: Assessments The District will levy a non-ad valorem assessment on all the assessable property District in order to pay for the operating expenditures during the fiscal year. within the Developer Contributions FTuhne dD eisxtpreicntd wituilrl eesn ftoerr tihnet oF ias cFaul nYdeianrg. Agreement with the Developer to fund the General EXPENDITURES: General & Administrative: tSbnChuuoheptsa iefpntirtosevec siraess olx1 aryc9nsee0 deaF,dr emF.e l$seo 4er,ti8din0ag0 Ss t.p aTethure ty eaesm,a aro lulponawti diss f tbooar seeeaadcc hho n sB u3op aserurdpv emisrovermis ofborersr attthote er netdicmeinievg e d1 $e22v m0ot0ee edpt eintrog m sD deieusttririnincggt, FoRIfe CSpAur epEsexerpnvetinssso terh ech Eemckpsl.o yer’s share of Social Security and Medicare taxes withheld from Board Engineering caTonhndet Drpaircsetterpidac rtw'asit tiehonn gP ianfroekree rr m,p Mroonyvntihcdlheyes n bgbeoenarergdr a& lm Aenesesgotiincneigaestre,i snr,g eI nvsceie.r wfvoi cr eitnshv itoso i sctehersev, Diceiest.ct r. icTth, ee. gD. aisttterincdt anhcaes Gardens at Hammock Beach Community Development District GENERAL FUND BUDGET Attorney The District's legal counsel apwsri etdhpi raCerhcaittueiomdn eb fnyot rto h,m eD oBwnoytaherrldy, Hmoe fpe rSretueotiplvn, eiGgdrsrev,as ipns gorte,er nPsp e.aaLrrn.a afdlot lirteoh gtneha aliD sns iesdsert vrrreviiccviteci eseM .wt ao n otahf geae gDrr.ie sTethrmiece tDn, eitss.gt, r.r iaecttst oehlnaudst aicononcnset, raeantccdt. is1TDse5hisrscuesv2 eeiD-cms1ie.s i2sntG.(r aobictv)it(oe i5nrs)n r mweqehunicitrhael d rMe blaaytn teahsge et Some caeudnrdti ittSyieo arnnvadilc eErsex pc–ho arCnteignnegt rCraoelm qFumlioriresimsdioae,nn tLtsoL Cfcoo rpm ruponlvryia dwteeisdt h tb hRoeunsldee Arbitrage aTnhneu Dalilsyt rciacltc uwlailtle cthoen tDraiscttr icwt’isth A rAbMitrTaEgCe, Raenb aitned Leipaebnilditeyn ot nc aenrtyif fiuedtu rpeu bbolincd a icscsouuannctaen. t to Trustee Fees aT hTer uDsitseteri actt wUSil lB paanyk a, Nnn.Au.a l trustee fees for any future bond issuance that are deposited with Annual Audit IsTnehdreve ipDceeisnst.d reicntt isC erretqifuieirde dP uabnlnicu aAlclyc otuon ctionngd uFcirtm a.n Garuadui t& o fA istsso cfiinaatensc iwali lrl epcorordvisd eb yt hains Management Fees saTMedharmenv iaiDcngeiiesssmtt rrieiancntctilt vu rAede gsceree erbievvumeitcs ee asnMr,t eba w nuniadtoghgtee Gmltio mpevrneiettrep,n daAm rctaeoctnoi, oturannel, c tMaionlarlg dnf iianangnagend mca iAneaddnl mtr teSripenaornivsrstitcrcinraeitgspi-,v tCeieoet cnns.t eroravfl i Fbceloosar riadds a m,p LaeLreCtt .i onTfgh sae, Information Technology cRoenpfreerseennctisn gv, arciolouusd c osstto roaf gien foarnmda tisoenr vteercsh, noploosgiyt ivfoe r pthaey Diimstprilcetm seunctha tiaosn viadnedo Gardens at Hammock Beach Community Development District GENERAL FUND BUDGET programming for fraud protection, accounting software, tablets pMriocvroidseosft t hOefsfeic see, rveitcce. sG. overnmental Management Services – Cfeonr tmrael etFilnogrsi,d Aa,d oLbLeC, Website Maintenance cupRMrpeeaerlpnaofrotaaeergdsdmese m,nia nnte shcan otecths cSetoaie nrscrdsogveas isctnssaec mnsae sd –ews nCoitdcetshino,a mtCtsreehaadclai nuwFp rltioiettrrhryei d1mnaa8eon,w9 nLd,a Li FtlCfoslio, rr pirenriwwdogavea a iblnSdl stdeiamts mte uat haitneeibntssaet.ec anT ksianhuenierpncvssegei,c, teshueesept.r cvDd.i aicsteGtesros i,civ nted’csroln uwcmdueemeb nsseitinttaeetl Telephone Telephone and fax machine. Postage dTehleiv eDriisetsr,i ccto rirnecsuprosn dcheanrcgee, se tcfo. r mailing of Board meeting agenda packages, overnight Insurance gFTolhovere iDrdniasm trIeincnsttu’asr lga aengnceeen rcaAile lllsii.aa bnicleit y( aFnIAd) p. uFbIlAic osfpfeicciiaallsi zlieasb iilnit yp irnosvuirdainncge cinosvuerraangcee i s cporvoevriadgeed btoy Printing & Binding sPtraitnitoinnagr ayn, den Bvienldoipnegs a egtecn. da packages for board meetings, printing of computerized checks, Legal Advertising iTnh ae nDeiswtrsipcat pise rr eoqf ugierneedr taol caidrvceurlatitsioe nv.a rious notices for Board meetings, public hearings, etc Other Current Charges Bank charges and any other miscellaneous expenses incurred during the fiscal year. Gardens at Hammock Beach Community Development District GENERAL FUND BUDGET Office Supplies Any supplies that may need to be purchased during the fiscal year, bCoenoktrsa, l fFilleo rfidolad, eLrLsC, plarboevlisd, eps athpeesr e csleiprsv,i ceetsc. . Governmental Manag ee.mg.,e pnat pSeerr, vmicinesu t–e Dues, Licenses & Subscriptions $T1h7e5 D. iTsthriisc ti si sth ree qonuliyre edx ptoe npsaey u annd earn tnhuisa lc afetee gtoor yth feo rF tlhoeri Ddais tDreicpta. rtment of Commerce for Field – Assessment Area 1: rSFTmeeiheecreleevd tiiD vicMnieesga stas nrns iawucdgtc i rethwehm sa iclepslon oclntano tndnrd attrscoact opcatrpr sote,op mm eproartinoynvi ttoieodwnreina nonegnrc eospi.fh t euoS tenfiirleeiv tlcidyca ealmlscs ac tanoonua dignn etecsmml,u eaadntietltse w.on fde ec Bokonlyat rrsaditc emts i enfeostrpi neDgcitssi toarnnicsdt, Electric – Streetlights The District will incur cost for electric for streetlights. Electric – Irrigation/Signs The District will incur cost for electric for irrigation timers. Water & Sewer pTrhoev Didiest trhicist isnecruvricse c. o st for water. The District will contract with a utility company to Landscape Maintenance Gardens at Hammock Beach Community Development District GENERAL FUND BUDGET The District will incur landscape maintenance expenses, which include fsetrritnilgiz-atrtiimonm, pininge, satnrnauwa, lp eflsotw coenr trroelp alancde mirreingtast,i osnh irnusbp eacntido npsa dlmur ipnrg u mtnhoienw fgii,sn cgwa, lee ydeedgaiinnr.gg ,, iLTtaoenm rdessc ccoaurprder e tChnoetnl cyto innsogt teo nbf culyad ngdestceadp oer e cnohvaenrecedm ine nlatns dassc wapeell caosn atnrayc mt. iscellaneous landscape Property Insurance FbTIuhAde gsDepitseetcdrii arcleti'zpser Pse rsioenpn etpsrr totyhv eIind esisnutgrim ainnacsteeu drpa opnlriceceym cwiouivmlle crfooagnr etpr ratoocp t geworitvtyeh ri nFnslmoureriandntaac lIe n arsgeuelranatcneidcee st .oA ltTlhihaene D caiesm t(rFoiIcuAtn.) t. Lake Maintenance CTDheD D wisiltlr oicwt nw ailnl dco mntarianctta itno. provide for the few Stormwater management facilities that the Stormwater Repairs & Maintenance Cost of repairs and maintenance to the stormwater systems of the District. General Repairs and Maintenance Cost of repairs and maintenance throughout the common area of the District. Irrigation Repairs tThoe r iercroigradt itohne pcousmt po fs rtaetpiaoinr.s to the irrigation system and preventative maintenance on Sidewalk/Asphalt Repairs To record the cost of repairs to the sidewalks and asphalt. oCTtoohn reterinc agocercdnoc utyhn ets c. ost of any maintenance expenses not properly classified in any of the Adopted Actuals Projected Description FBYu2d0g2et6 T4h/3ro0u/2gh6 5 MNoexntths ToPt9ar/lo 3Tje0hc/rt2oe6dugh PFBroYup2do0gs2eet7d REVENUES: ISSCnppateereccrriiyaae llFs AAto Essrsswaeerassnrssidnmm gSeesunnrttpss l-u Psr epayments $$$$ 13 45 758 ,,, 544 039 008 - $$$$ 12 125 002 ,,, 025 567 202 - $$$$ 1 2 55 ,, 01 26 66 -- $$$$ 13 145 525 ,,, 045 736 708 - $$$$ 13 46 757 ,,, 548 -035028 TOTAL REVENUES $ 511,428 $ 382,884 $ 130,192 $ 513,075 $ 520,791 EXPENDITURES: IIPnnrttineerrceeipssatt l-- - 15 5/1/11 $$$ 11 733555,,,011088022 $$$ 1 3 5 , 0 4 1 -- $$$ 1 73 55 ,, 01 08 02 - $$$ 11 733555,,,001048012 $$$ 11 833033,,,033088022 TOTAL EXPENDITURES $ 345,364 $ 135,041 $ 210,182 $ 345,223 $ 346,764 Other Sources/(Uses) Bond Proceeds $ - $ - $ - $ - $ - TOTAL OTHER SOURCES/(USES) $ - $ - $ - $ - $ - TOTAL EXPENDITURES $ 345,364 $ 135,041 $ 210,182 $ 345,223 $ 346,764 EXCESS REVENUES (EXPENDITURES) $ 166,064 $ 247,843 $ (79,990) $ 167,852 $ 174,027 U2n1i0ts Gross$ P 1e,r7 U5n0it Gro$s 3s6 A7n,4n8ua7l Interest Due 11/1/27 $$ 113311,,446622 Total Gross Assessment $ 367,487 Less: Discounts & Collection (6%) $ (22,049) Net Annual Assessment $ 345,438 (1) Carry Forward is Net of Reserve Requirement Gardens at Hammock Beach Community Development District Proposed Budget Debt Service Fund Budget - Special Assessment Bonds, Series 2024-1 (AA1) 0000000000000000000000000000001111111111111111111111111111111111111111111111111111111111555555555555555555555555555555P//////////////////////////////////////////////////////////e00000000000000000000000000000000000000000000000000000000000ri11111111111111111111111111111111111111111111111111111111111o//////////////////////////////////////////////////////////d2222222222333333333333333333334444444444444444444455555555500000011111122222233333344444555555666666777777888888999999 OuBtsatl 11111111222222222233333333333344444444444444444444445aa,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,nn00011112222223333444444445566666677777777888888999999 336699dc11111111222222222333333444444444455666677778899999999335555ei0000000000000000000000000000000005555555555555555555500005n,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,00000000000000000000000000000000000000000000000000000000000g 0000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000 Cou44444444444444555555555555555555555555555555555555555555555p...........................................................o33333333333333333333333333666666666666666666688888888888888n00000000000000555555555555555555577777777777777777777777777s0000000000000000000000000000000055555555555555555555555555%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%% Princ 11111111111112222222333ip 778889900001111223344455667889a000055500000000000000555555555l,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000 Inter 11111111111111111111111111111e 112233444455666677778888999900000011111122222222223333333s 99222222334444666666888888999900001111333344445555677778899t,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,44000011222233334455778888999900111133333344555555555566888661122222233333344556666779999000044444455556666677888899994411333334455556666888888889900222222222222222333344666666 AnSne 333333333333333333333333333333ur444444444444444444444444444444av011111122222222223333334444555l iD,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,c000011123334444555556778888899ee000002223334444445566788888899b000001112233333333355666667888t.............................. 000000122222555677777777777888000000000335555555566666666888 Total $ 5,020,000 $ 5,269,759 $ 10,289,759 $ - Gardens at Hammock Beach Community Development District AMORTIZATION SCHEDULE Adopted Actuals Projected Description FBYu2d0g2e6t T4h/3ro0u/2gh6 5 MNoexntths ToPt9ar/lo 3Tje0hc/rt2oe6dugh PFBroYup2do0gs2eet7d REVENUES: ISCnpaterecrriyae lFs Ato Esrswaerasnrsidnm gSesunrtps lus $$$ 36 201058,,,028058007 $$$ 3 , 1 2 8 33425,,,954165549 $$$ 1 12 60 ,, 20 80 20 - $$$ 3 , 1 3 8 45485,,,984145569 $$$ 14 216046,,,047067016 TOTAL REVENUES $ 944,137 $ 3,452,938 $ 136,282 $ 3,589,220 $ 601,237 EXPENDITURES: IIISSPnnnpprtttieeneeeccrrrciiaaeeeipllsss CCattt laa--- - ll125 ll5 //1--/ 11/1211/1 $$$$$$ 122 255 000 ,,, 044 011 088 --- $$$$$$ 2 , 9 2 0 25 500 ,,, 004 2 0018 0087 -- $$$$$$ 1 86 07 ,, 00 03 09 ---- $$$$$$ 2 , 9 12 0 2856 50007 ,,,,,00004 2000138000897 $$$$$$ 11 866 555 ,,, 000 033 099 --- TOTAL EXPENDITURES $ 620,836 $ 3,175,705 $ 247,039 $ 3,422,744 $ 415,078 Other Sources/(Uses) Bond Proceeds $ - $ - $ - $ - $ - TOTAL OTHER SOURCES/(USES) $ - $ - $ - $ - $ - TOTAL EXPENDITURES $ 620,836 $ 3,175,705 $ 247,039 $ 3,422,744 $ 415,078 EXCESS REVENUES (EXPENDITURES) $ 323,301 $ 277,233 $ (110,757) $ 166,476 $ 186,159 Interest Due 11/1/27 $$ 116622,,991144 Land Use Units Gross Per Unit Gross Annual Single Family 63 $ 5,309.34 $ 334,488 Single Family - Partial Prepayment 61 $ 1,749.94 $ 106,746 Total 124 $ 441,235 Total Gross Assessment $ 441,235 Gardens at Hammock Beach Community Development District Proposed Budget Debt Service Fund Budget - Special Assessment Bonds, Series 2024-2 (AA2) 000000000000000000000000000000111111111111111111111111111111111111111111111111111111111111555555555555555555555555555555P///////////////////////////////////////////////////////////e000000000000000000000000000000000000000000000000000000000000ri111111111111111111111111111111111111111111111111111111111111o///////////////////////////////////////////////////////////d222222223333333333333333333344444444444444444444555555555555000000111111222222333333444444555555666666777777888888999999 OuBtsatl 1111112222222233333333334444444444444455555555555555555aa,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,nn0011111111222233333344444455555566666677777777888889999 4477dc00000011111122222222223333334444556666677778888888888990077ei00000000000000000000000000000000000005555555555555555550055n,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,00000000000000000000000000000000000000000000000000000000000g 0000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000 Cou55555555555555555555555555555555555555555555555555555555555p...........................................................o00000000000066666666666666666666666666888888888888888888888n00000000000000000000000000000000000000777777777777777777777s0000000000000000000000000000000000000555555555555555555555%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%% Princ 1111111111112222222333334ip 889990000011122233345556677788a000550000000000000555555555555l,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000 Inter 1111111111111111111111111111111111111e 11223344556666778899990000111122223333444444555555556666666s11111122223333447777990000002222333344444455666677788889999t,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,00111111223333447777880000000112233334444555555666666778899000011223355555566889911111111111133333333333667777779999990000334445566668899994444449999999999999999999999999999999 AnSne 444444444444444444444444444444ur000000000011111111111111111111av000011111112222223338899999999l iD,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,c001122333444455555555777889999ee011122233335555555567777777899b012224555777777777777777777899t.............................. 000133355555555555555555555568000000000000000000000013338888 Total $ 5,860,000 $ 6,472,011 $ 12,332,011 $ - Gardens at Hammock Beach Community Development District AMORTIZATION SCHEDULE Gardens at Hammock Beach CDD Summary Assessment Chart Assessment Product Debt Debt Area Type Units O&M Series 2024-1Series 2024-2 Total 1 SF - Assessment Area 1 335 $ 940 $ 1,750 $ - $ 2,690 2 SF - Assessment Area 2 $ - $ 5,309 $ 5,309 (1) Per unit amounts include 4% for early payment discount and 2% for tax collector