Grande Pines Community Development District Adopted Budget FY 2024 1-2 3-6 7 8-9 Table of Contents General Fund General Fund Narrative Series 2021 Debt Service Fund Series 2021 Amortization Schedule Adopted Actuals Projected Description FBYu2d0g2e3t 5/T3h1r/u23 4 MNeoxntths P9r/To3jhe0rc/ut2e3d AFBdYuo2dp0gt2ee4dt CAADRssoeesssvveetee ssSlnssohmmupaeeeersrnne CttRsso e--nv TDterainirbxue ucRetto iBollnills $$$$ 12 585 886 ,,, 020 -393079 $$$$ 1 9 25 326 ,,, 105 -438499 $$$$ ---- $$$$ 1 825 826 ,,, 205 -938099 $$$$ 22 46 246 ,,, 032 -024492 Total Revenues $ 502,366 $ 271,772 $ - $ 266,918 $ 512,575 Expenditures Administrative Supervisor Fees 12,000 $ 5,000 $ 4,000 $ 9,000 $ 12,000 $ FICA Expense 918 $ 383 $ 306 $ 689 $ 918 $ Engineering 12,000 $ 720 $ 2,500 $ 3,220 $ 12,000 $ Attorney 25,000 $ 13,627 $ 8,333 $ 21,960 $ 25,000 $ Arbitrage 450 $ 450 $ - $ 450 $ 900 $ Annual Audit 5,000 $ 5,000 $ - $ 5,000 $ 6,000 $ Dissemination Fees 3,500 $ 2,333 $ 1,167 $ 3,500 $ 7,000 $ Trustee Fees 5,000 $ 2,020 $ 2,020 $ 4,041 $ 8,200 $ Assessment Administration 5,000 $ 5,000 $ - $ 5,000 $ 5,300 $ Management Fees 36,750 $ 24,500 $ 12,250 $ 36,750 $ 38,955 $ Information Technology 1,800 $ 1,200 $ 600 $ 1,800 $ 1,800 $ Website Maintenance 1,200 $ 800 $ 400 $ 1,200 $ 1,200 $ Telephone 300 $ - $ 75 $ 75 $ 300 $ Postage 700 $ 107 $ 40 $ 147 $ 200 $ Insurance 6,114 $ 5,842 $ - $ 5,842 $ 6,718 $ Printing & Binding 700 $ 46 $ 24 $ 70 $ 350 $ Legal Advertising 5,000 $ 662 $ 800 $ 1,462 $ 5,000 $ Other Current Charges 1,000 $ 308 $ 160 $ 468 $ 1,000 $ Office Supplies 400 $ 2 $ 20 $ 22 $ 200 $ Dues, Licenses & Subscriptions 175 $ 175 $ - $ 175 $ 175 $ Total Administrative 123,007 $ 68,174 $ 32,695 $ 100,869 $ 133,216 $ Grande Pines Community Development District Adopted Budget General Fund 1 Adopted Actuals Projected Description FBYu2d0g2e3t 5/T3h1r/u23 4 MNeoxntths P9r/To3jhe0rc/ut2e3d AFBdYuo2dp0gt2ee4dt Grande Pines Community Development District Adopted Budget General Fund Field Expenditures ISSFLLLCPPEGGGGGRWriitaaaaaaaaeolrrregreaeoknntttttpnienlcgteeeeepsdeddtaeet sa i MerssiISCRArtMnuMtrincclr uciteaigsra&taaogatta ppmeyeieepp&n hinn Sn pannrWeeI et atenRitnMlcsde rrigewCMyeeeasasnaenaoutpsssenaami,ahn rnarniPtnnaitsietcnhricnetnneseegoncgtnneaeaennn, ccCceyeable $$$$$$$$$$$$$$$$$$ 1 611266 301259111112233666,,,,,,,,,,,,,,,,,,100679000002455589700344000000000006100058000000000005 $$$$$$$$$$$$$$$$$$ ------------------ $$$$$$$$$$$$$$$$$$ 226 5791111222569 ,,,,,,,,,,,,, 129000022255845667278001245555701225058000002557800557 $$$$$$$$$$$$$$$$$$ 226 5791111222569 ,,,,,,,,,,,,, 129000022255845667278001245555701225058000002557800557 $$$$$$$$$$$$$$$$$$ 1 611266 301259111112233666,,,,,,,,,,,,,,,,,,100679000002455589700344000000000006100058000000000005 Total Field Expenditures $ 379,359 $ - $ 158,066 $ 158,066 $ 379,359 Total Expenditures $ 502,366 $ 68,174 $ 190,762 $ 258,936 $ 512,575 Excess Revenues/(Expenditures) $ 0 $ 203,598 $ (190,762) $ 7,982 $ - Product Type Assessable Units Net Assessment Net Per Unit (6%) Gross Per Unit SSTiionnwggllneeh FFoaaummseiillyy -- 5700'' 259589 $$$1553563,,,011353584...675069 $$$111,,,039015188...589228 $$$112,,,004248335...239223 182 $244,328.95 2 Grande Pines Community Development District General Fund Budget REVENUES: Assessments The District will levy a non-ad valorem assessment on all the assessable property within operating expenditures during the fiscal year. the District to pay for Developer Contributions T Fihsec aDl iYsetrairc.t will enter into a Funding Agreement with the Developer to fund the General Fund expenditures for the EXPENDITURES: Administrative: SayCutehtapaerepn rptdveaiirnisd og1 r t95 oF0 mee, eaFescle ohtr iSindugaps e Sdrtuvairtsuinotrge sfto,h rae lt lfhoieswc tsaim lf oyeer d aeera.v coht eBdo ator dD mistermicbt ebru stoin reescse aivned $m2e0e0t ipnegrs .m Aemeotiunngt, inso bta tsoe edx ocne e5d S $u4p,e8r0v0is poersr FRIeCpAr eEsxepnetnss teh e Employer’s share of Social Security and Medicare taxes withheld from Board of Supervisor checks. Engineering Sp Turhepepe Darrvisaitstroiiorcnst' saf noedrn gtmhineoe Dnetrihs, tlPryoi cubtl ooMasar &nda Bgmeeenre.n teinttg ,s p, rroevviideews giennveoricael se,n agninde evrainrigo usesr vpircoejse tcots t haes Ddisirtericctte, de .gb.y a ttthene dBanoacerd a nodf Attorney TaBthotaeer nDdd iaosnft rcSieuc tpa'sne rdlve pigsraoelr psca oarunantdis otehnle, f oLDrai tsmhtraeimectt, i MnLgausnn, aapg,r eeErpd. aerna t&io nB eaanudd rienvei,e pwr oovf iadgerse egmeneenrtasl, rleesgoallu steiornvisc, eest ct. oa st hdeir eDcitsetdri cbty, eth.ge. TRArhebbei atDrtieas gtLreiia cbt iwlitilyl coonn tthrea cptr wopitohs aend ibnodnedpse.n dent certified public accountant to annually calculate the District’s Arbitrage bATanhsnei usD.a iTls hAtreui cdDti itis st rriecqt uisir ceudr rbeyn Ftllyo rciodnat rSatacttuedte ws titoh a Grrraaun g&e Afosrs oacni aintedse fpoern tdheenset asuerdviti coefs i. ts financial records on an annual 3 Grande Pines Community Development District General Fund Budget Lt TDoLhi sCaesd ,e Dpmdirisitontivroaiintcditaoe lisn sr teFrhpeeeeqossure ti irsneegdr v rbiecyqe tush.i ree Smeecunrtsit yfo arn udn Eraxtcehda nbgoen dC oismsumeiss.s Gioonv etorn cmomenptlayl wMiathn aRguelme e1n5tc 2S-e1r2vi(cbe)s(-5C)e wnthriaclh F rleolraitdeas, T Trhues Dteies tFreicets will pay annual trustee fees for the series 2021 bonds to USBank. A cT oshslelee sDcstimsioternni ctot fA h ndaomsn ic-noaindstt rvraaatcliotoerned m w iatshs eGsosvmerennmt oenn taalll Masasneassgaebmlee nptr Soeprevritcye ws-iCtehnintr tahle F Dloirsitdraic, tL. LC, to levy and administer the Management Fees t TGrhoaven esDrcinrsimtprteicinott nra elo cMfe biavoneaasrg dMe mmaneeanegttie nSmegresv,n aitcd, eAmsc-icCnoeiusntntrrtaaitnli gvF elao nsredidr Avaid,c LmeLsiC,n b.i suTtdhrgaeet sitve perr vseiecpreavsri caineticsol aunsd, apel alb rfutin to aafn raec Mi naalo nrte alpigmoermittesed,n a ttn oAn, gurreaecle oamrudedininttgs w, aeinttcdh. s IsRmneeeefrrpoevvrrtiemecirnessages, t.sn ip,ot sonA s dvTitaoeirbvciheeo n,u poMsal ociycgo rysiom ts oopffl tei mnOfefofnricmtea,at iteoiotncn . aGtneodcvh epnrnroomloggeranym tfaoml rM inthagen afDogries mtfrreiacnutt d s Supecrrhov itacesec stvi-ioCdnee,no t arccaoclno Ffuelnorterinindcgai n, sgLo,L ftcCwlo, auprdreo ,s vttioadrbealseg tetsh aefnosder W CRmMheaaepanibnprasettigeetseenre m naM1nteas8cn iet9nth, t, S eeue nFcrpalvoodnisracctitesedes aas- ,Cs sSedotnoactcitrauuattmlee Fdsel .no wtrT iitdhuhaep ,sml LoeoL andCsies,t ,pro vrrhioiconvesgistd i anenisgnd tc halmunedsadeei n dstesoairimtnveiia cniepngse t.r rhfeeon rDemwisaatnrlscic,e t ’wsa ewsbseesbistssemi tebe anccrtkse,au tpsesed,c uienrt icat.y cc Goaornvddear nnfcimree ewwnitatahlll Telephone Telephone and fax machine. Postage Mailing of agenda packages, overnight deliveries, correspondence, etc. Insurance TAhlleia Dnciset r(FicItA’s) .g FeInAe srpale cliiaabliizlietsy iann pdr opvuibdliinc go ifnfiscuiarla’sn cliea bcoilviteyr aingseu troa gnocev ecronvmereangtea li sa gpernocviiedse. d by the Florida Insurance Printing & Binding Rsteaptiroensaernyt,s e tnhvee cloopste so,f e ptcr.i nting and binding agenda packages for board meetings, printing of computerized checks, 4 Grande Pines Community Development District General Fund Budget Legal Advertising The District is required to advertise various notices for monthly Board meetings, public hearings, of general circulation. etc in a newspaper Other Current Charges Bank charges and any other miscellaneous expenses incurred during the year. Office Supplies Miscellaneous office supplies. Dues, Licenses & Subscriptions T onhley D eixsptreincst eis u rnedqeuri rtehdis t coa pteagyo arny afonrn uthael fDeies ttori ctht.e Florida Department of Economic Opportunity for $175. This is the Field Expenditures: Field Management eRDmmeiospantrriielitscos.t er s innutgsc hot haf esu lteaislnittdiyms caaactpceoedu acnnotdss,t lsaa tkotefe nmcdoa nBitnortaaecrntdain nmgc eese.e Strienvrigvcsei csae nstdh c aartne pc ierniocvvleui ddaeen doo nnrsseiisttpeeo ifnniesdlp dte ocm tpiaornonapsg,e emrmtyeee ontiwtn nogsef rwc opinthhtor cnaoecnt csta rflaolcsrt aotnrhsde, Gate Attendants Represents the day-to-day staffing and operations management of the gate. Gate Repairs The cost of repairing and maintain the gate. Gate Internet, Phone, Cable Represents the cost of the telephone/fax costs, internet and cable for the mechanical gate arm motors. Gate Cameras R epresents the cost of the control board and cameras for the mechanical gate arm. Gate Supplies Supplies used for the gate Property Insurance The District’s estimated property insurance coverages. 5 Grande Pines Community Development District General Fund Budget Electric Represents current and estimated electric charges of common areas throughout the District. Streetlights Encompasses the budgeted amount for the District’s decorative light poles and fixtures in various locations. Water & Sewer Represents estimated costs for water and refuse services provided for common areas throughout the District. iRLnaesnptdarelslcsaaetpinoetns M otafh ilena tneednsstacinmacpaeet e md amteariianlt ehnaas nbceee no fc otmhep lelatnedd.s caping within the common areas of the District after the LRaenpdrescsaepnets C tohnet iensgtiemncayt ed cost of replacing landscaping within the common areas of the District. Irrigation Repairs R w eepllrse. sents the cost of maintaining and repairing the irrigation system. This includes the sprinklers, and irrigation Lake Maintenance Represents the estimated costs of maintaining the lake for the District. Pressure Washing Represents the cost of pressure washing for the District. Sign Maintenance The cost for repair of damaged or worn signage located throughout the District. RReeppareirsse &n tMs easintitmenaatendce c osts for general repairs and maintenance of the District’s common areas. Contingency fRieelpdr ecasetengtos rfyu.n ds allocated to expenses that the District could incur throughout the fiscal year that do not fit into any 6 Community Development District Adopted Budget Debt Service Fund Series 2021 Adopted Actuals Projected Description FBYu2d0g2e3t 5/T3h1r/u23 4 MNoenxtths P9r/oT3jhe0rc/ut2e3d AFBdYu2odp0gt2ee4td ICAARnssaetssrveeererssyness Fsmmutoeeersnnwttassr --d TD Saiurxer cRptolulls (1) $$$$ 12 298 347 ,,, 469 -172595 $$$$ 13 02183307,,,,075947023459 $$$$ 2 , 6 ---27 $$$$ 13 02183337,,,,071947233456 $$$$ 13 38 39 ,, 37 --1537 Total Revenues $ 506,019 $ 525,251 $ 2,627 $ 527,878 $ 523,070 Expenditures IIPnnrttineerrceeipssatt l-- -15 5/1/11 $$$ 111223225,,,033077055 $$$ 111223225,,,033077055 $$$ --- $$$ 111223225,,,033077055 $$$ 111224000,,,066088088 Total Expenditures $ 379,750 $ 379,750 $ - $ 379,750 $ 381,375 Other Financing Sources/(Uses) Transfer In/Out $ - $ (8,412) $ - $ (8,412) $ - Total Other Financing Sources/(Uses) $ - $ (8,412) $ - $ (8,412) $ - Excess Revenues/(Expenditures) $ 126,269 $ 137,089 $ 2,627 $ 139,717 $ 141,695 Interest - 11/1/2024 $ 118,938 (1) Carryforward Surplus is net of Debt Service Reserve Funds Product Assessable Units Maximum Annual Debt Service Net Assessment Per Unit Gross Assessment Per Unit SSTiionnwggllneeh FFoaaummseiillyy -- 5700'' 125985892 $$$$ 23 08883678,,,,358923583599 $$$122,,,159389249 $$$123,,,127067158 Grande Pines 7 Grande Pines Community Development District Series 2021 Special Assessment Bonds A1 Amortization Schedule Date Balance Prinicpal Interest Total 11/01/23 6,490,000.00 $ - $ 120,687.50 $ 378,062.50 $ 05/01/24 6,490,000.00 $ 140,000.00 $ 120,687.50 $ - $ 11/01/24 6,350,000.00 $ - $ 118,937.50 $ 379,625.00 $ 05/01/25 6,350,000.00 $ 145,000.00 $ 118,937.50 $ - $ 11/01/25 6,205,000.00 $ - $ 117,125.00 $ 381,062.50 $ 05/01/26 6,205,000.00 $ 150,000.00 $ 117,125.00 $ - $ 11/01/26 6,055,000.00 $ - $ 115,250.00 $ 382,375.00 $ 05/01/27 6,055,000.00 $ 150,000.00 $ 115,250.00 $ - $ 11/01/27 5,905,000.00 $ - $ 112,850.00 $ 378,100.00 $ 05/01/28 5,905,000.00 $ 155,000.00 $ 112,850.00 $ - $ 11/01/28 5,750,000.00 $ - $ 110,370.00 $ 378,220.00 $ 05/01/29 5,750,000.00 $ 160,000.00 $ 110,370.00 $ - $ 11/01/29 5,590,000.00 $ - $ 107,810.00 $ 378,180.00 $ 05/01/30 5,590,000.00 $ 165,000.00 $ 107,810.00 $ - $ 11/01/30 5,425,000.00 $ - $ 105,170.00 $ 377,980.00 $ 05/01/31 5,255,000.00 $ 170,000.00 $ 105,170.00 $ - $ 11/01/31 5,255,000.00 $ - $ 102,450.00 $ 377,620.00 $ 05/01/32 5,255,000.00 $ 180,000.00 $ 102,450.00 $ - $ 11/01/32 5,075,000.00 $ - $ 99,075.00 $ 381,525.00 $ 05/01/33 5,075,000.00 $ 185,000.00 $ 99,075.00 $ - $ 11/01/33 4,890,000.00 $ - $ 95,606.25 $ 379,681.25 $ 05/01/34 4,890,000.00 $ 190,000.00 $ 95,606.25 $ - $ 11/01/34 4,700,000.00 $ - $ 92,043.75 $ 377,650.00 $ 05/01/35 4,700,000.00 $ 200,000.00 $ 92,043.75 $ - $ 11/01/35 4,500,000.00 $ - $ 88,293.75 $ 380,337.50 $ 05/01/36 4,500,000.00 $ 205,000.00 $ 88,293.75 $ - $ 11/01/36 4,295,000.00 $ - $ 84,450.00 $ 377,743.75 $ 05/01/37 4,295,000.00 $ 215,000.00 $ 84,450.00 $ - $ 11/01/37 4,080,000.00 $ - $ 80,418.75 $ 379,868.75 $ 05/01/38 4,080,000.00 $ 225,000.00 $ 80,418.75 $ - $ 11/01/38 3,855,000.00 $ - $ 76,200.00 $ 381,618.75 $ 05/01/39 3,855,000.00 $ 230,000.00 $ 76,200.00 $ - $ 11/01/39 3,625,000.00 $ - $ 71,887.50 $ 378,087.50 $ 05/01/40 3,625,000.00 $ 240,000.00 $ 71,887.50 $ - $ 11/01/40 3,385,000.00 $ - $ 67,387.50 $ 379,275.00 $ 05/01/41 3,135,000.00 $ 250,000.00 $ 67,387.50 $ - $ 11/01/41 3,135,000.00 $ - $ 62,700.00 $ 380,087.50 $ 05/01/42 3,135,000.00 $ 260,000.00 $ 62,700.00 $ - $ 11/01/42 2,875,000.00 $ - $ 57,500.00 $ 380,200.00 $ 05/01/43 2,875,000.00 $ 270,000.00 $ 57,500.00 $ - $ 11/01/43 2,605,000.00 $ - $ 52,100.00 $ 379,600.00 $ 05/01/44 2,605,000.00 $ 280,000.00 $ 52,100.00 $ - $ 11/01/44 2,325,000.00 $ - $ 46,500.00 $ 378,600.00 $ 05/01/45 2,325,000.00 $ 295,000.00 $ 46,500.00 $ - $ 11/01/45 2,030,000.00 $ - $ 40,600.00 $ 382,100.00 $ 05/01/46 2,030,000.00 $ 305,000.00 $ 40,600.00 $ - $ 8 Grande Pines Community Development District Series 2021 Special Assessment Bonds A1 Amortization Schedule Date Balance Prinicpal Interest Total 11/01/46 1,725,000.00 $ - $ 34,500.00 $ 380,100.00 $ 05/01/47 1,725,000.00 $ 315,000.00 $ 34,500.00 $ - $ 11/01/47 1,410,000.00 $ - $ 28,200.00 $ 377,700.00 $ 05/01/48 1,410,000.00 $ 330,000.00 $ 28,200.00 $ - $ 11/01/48 1,080,000.00 $ - $ 21,600.00 $ 379,800.00 $ 05/01/49 1,080,000.00 $ 345,000.00 $ 21,600.00 $ - $ 11/01/49 735,000.00 $ - $ 14,700.00 $ 381,300.00 $ 05/01/50 735,000.00 $ 360,000.00 $ 14,700.00 $ - $ 11/1/50 375,000.00 $ - $ 7,500.00 $ 382,200.00 $ 5/1/51 375,000.00 $ 375,000.00 $ 7,500.00 $ 382,500.00 $ 6,490,000.00 $ 4,263,825.00 $ 11,011,200.00 $ 9