Davenport Road South Community Development District Proposed Budget FY 2026 1-2 3-6 7 8 9 Capital Reserve Fund Table of Contents General Fund General Fund Narrative Series 2018 Debt Service Fund Series 2018 Amortization Schedule Adopted Actuals Projected Description FBYu2d0g2e5t 1/T3h1r/u25 8 MNeoxntths P9r/To3jhe0rc/ut2e5d PFBrYou2pd0og2see6td CARsoesnveetsrnsibmuueestniotns -f rOonm R HoMll West $$ 130515,,083423 $$ 3 5 2 , 2 -18 $$ 1 0 13,,063234 $$ 130515,,083423 $$ 130545,,383426 Total Revenues $ 456,876 $ 352,218 $ 104,657 $ 456,875 $ 460,179 Expenditures Administrative Supervisor Fees 12,000 $ - $ 8,000 $ 8,000 $ 12,000 $ FICA Expense - $ - $ 612 $ 612 $ 918 $ Engineering 10,000 $ 325 $ 5,948 $ 6,273 $ 10,000 $ Dissemination Fees 5,250 $ 1,750 $ 3,500 $ 5,250 $ 5,408 $ Attorney Fees 18,000 $ 4,274 $ 12,680 $ 16,954 $ 18,000 $ Assessment Administration 5,250 $ 5,250 $ - $ 5,250 $ 5,408 $ Annual Audit 4,400 $ - $ 4,400 $ 4,400 $ 4,500 $ Trustee Fees 4,042 $ - $ 4,042 $ 4,042 $ 4,446 $ Management Fees 45,000 $ 15,000 $ 30,000 $ 45,000 $ 46,350 $ Information Technology 1,575 $ 525 $ 1,050 $ 1,575 $ 1,622 $ Website Maintenance 1,575 $ 525 $ 1,050 $ 1,575 $ 1,622 $ Postage 850 $ 148 $ 296 $ 443 $ 850 $ Telephone 100 $ - $ 50 $ 50 $ - $ Printing & Binding 150 $ 5 $ 30 $ 35 $ 150 $ Insurance 7,575 $ 7,296 $ - $ 7,296 $ 8,390 $ Legal Advertising 5,750 $ 950 $ 2,084 $ 3,034 $ 5,000 $ Contingency 2,500 $ 164 $ 600 $ 764 $ 2,500 $ Dues, Licenses & Subscriptions 175 $ 175 $ - $ 175 $ 175 $ Total Administrative 124,192 $ 36,387 $ 74,341 $ 110,728 $ 127,339 $ General Fund Davenport Road South Community Development District Proposed Budget 1 Adopted Actuals Projected Description FBYu2d0g2e5t 1/T3h1r/u25 8 MNeoxntths P9r/To3jhe0rc/ut2e5d PFBrYou2pd0og2see6td General Fund Davenport Road South Community Development District Proposed Budget Operation and Maintenance Field Expenditures ISFLLCEGMritaaleoreruennnnielcgldddcetetai hrssrtnMticclaciigaaoglae ppnhFnnee itaRecs gCMyledeopa mnRaintieeritpnnseagtnieransn c&cye Maintenance $$$$$$$$$ 11223 23577467 ,,,,,,,, 05557005 00035002 00000008 - $$$$$$$$$ 1 2456 ,,,, 507879 ---024704033367 $$$$$$$$$ 1112 12351256 ,,,,,,,, 05664478 -0008012500060047 $$$$$$$$$ 11113 22778235 ,,,,,,,, 35555177 -0002324500003016 $$$$$$$$$ 1111123 012358846,,,,,,,,,000556700000025502000005608 Subtotal $ 133,807 $ 30,791 $ 79,178 $ 109,969 $ 139,458 Amenity Expenditures Property Insurance 20,553 $ 17,019 $ - $ 17,019 $ 25,529 $ Security 35,000 $ 9,488 $ 18,976 $ 28,464 $ 36,050 $ Landscape Maintenace-Amenity 13,500 $ 4,480 $ 8,960 $ 13,440 $ 13,905 $ Landscape Contingency-Amenity 8,500 $ - $ 4,250 $ 4,250 $ 16,000 $ Mulch - $ - $ - $ - $ 6,000 $ Pest Control 850 $ 208 $ 616 $ 824 $ 1,020 $ Pool Maintenance 23,940 $ 8,416 $ 15,800 $ 24,216 $ 24,408 $ Hydro Lift 10,500 $ - $ 10,500 $ 10,500 $ - $ Janitorial Services 11,820 $ 3,900 $ 7,800 $ 11,700 $ 13,150 $ Janitorial Additional Services 675 $ - $ 675 $ 675 $ - $ Amenity-Electric 20,250 $ 3,910 $ 11,730 $ 15,639 $ 20,250 $ Amenity-Water 2,500 $ 1,725 $ 1,200 $ 2,925 $ 3,656 $ Cable/Internet 2,150 $ 720 $ 1,440 $ 2,160 $ 2,484 $ Parking Lot Resurfacing 8,000 $ - $ 8,000 $ 8,000 $ - $ Amenity Repairs & Maintenance 15,000 $ 240 $ 10,000 $ 10,240 $ 15,000 $ Amenity Access Management 6,300 $ 2,100 $ 4,200 $ 6,300 $ 6,489 $ Amenity Contingency 7,500 $ - $ 7,500 $ 7,500 $ 7,500 $ Subtotal 187,038 $ 52,206 $ 111,646 $ 163,852 $ 191,441 $ Subtotal Field Expenditures 320,845 $ 82,997 $ 190,824 $ 273,821 $ 330,899 $ Total Expenditures 445,037 $ 119,384 $ 265,165 $ 384,549 $ 458,238 $ Other Financing Sources/Uses: Capital Reserve (12,742) $ - $ (12,742) $ (12,742) $ (1,940) $ Total Other Financing Sources/Uses (12,742) $ - $ (12,742) $ (12,742) $ (1,940) $ Excess Revenues/(Expenditures) (903) $ 232,834 $ (173,250) $ 59,584 $ 0 $ Net Assessments $355,842 Add: Discounts & Collections 7% $26,784 Gross Assessments $382,626 Product ERU's Assessable Units ERU/Unit Net Assessment Net Per Unit Gross Per Unit Platted 369.00 369.00 1.00 $355,842.21 $964.34 $1,036.93 2 Davenport Road South Community Development District General Fund Budget oATRpshEseeVer sEDasNtmiisnUtegrEni ctaSstn: dw milla lienvtye naa nncoen e-axdp evnadloitruermes a dsuserisnsgm tehnet fiosnc aal lyl eaasrs.e ssable property within the District to fund all general Contribution from Highland Meadow West bTehien gD iasltlroiccatt hedas b aanse idn tueprloonc athl ea gprreoepmoertnito nwaitteh nHuimghblaenr do fM pelaatdteodw us nWites sitn feoarc shh Darisetdr iacmt. enity facilities with certain costs EXPENDITURES: Administrative: SapCutahtpiaedepn rtdtveoiirn s eog1ar 91 cF02he, emFSslue opereitdirnavg iSssto dartu ufrotienrs g,t hathlele ot wfiimssc efao ldr y eeevaaocrth.e dB otaor dD mistermicbt ebru tsoi nreescse iavne d$ 2m0e0e ptienrg ms.e Aetminogu, nnto tis t ob eaxsecede odn $ 45, 8S0u0p peervr iyseoarsr Engineering bTohaer Ddi mstreiectti'ns gesn, grienveieerw p irnovvoidiceess g, eetnce. r al engineering services to the District, e.g. attendance and preparation for monthly DaTGdhoisdvesi eetDrmioinsinmntaraeiltc nitrot eianspl ForMeeraetqisnun aigrg eerdme qbeuyni trt heSmee rSevenicctuse rsfi o–ty rC aeunnndtrr aEatxle cFdhl oabrnoigdnead ,C LiosLmsCu mceosism. sTipohlneist te ocs o ctshotem sipse lrybe awpsoeitrdht i Rnugpu olrene q1 tu5hicer2e -mS1e2er(nibets)s( . 52)0 1w8h ibcho nrde lasteersie tso. Attorney Tmheee tDinisgtsr,i cptr'es pleagraatl icoonu annsde lr pevroievwid oesf aggerneeermale lnetgsa, lr esseorvluictieosn tso, ethtce. District, e.g. attendance and preparation for monthly ATcoshslelee sDcstmiisotenrni cto tfA indsom cnio-nnaidstrt rvaaacttlioeordne wmi tahs sGeossvmerennmt eonnt aalll Masasneasgseambleen ptr oSeprevritcye ws i–t hCienn tthrea lD Fislotrriicdta. , LLC to levy and administer the TTAnhhnee uDDaiilss tAtrruiiccdtti tiis s rceuqrureirnetdly b cyo Fnltorraicdtae dSt watiuthte Gs rtaou a &rr aAnsgseo cfoiart easn fionrd tehpeesned seenrtv aicuedsi.t of its financial records on an annual basis. TTrhues Dteies tFreicets will pay annual trustee fees for its Series 2018 bonds. 3 Davenport Road South Community Development District General Fund Budget Management Fees The District receives Management, Accounting and Administrative services as part of tGroavnesrcnrimpteinotna lo fM baonaargde mmeeentti nSgesr,v aidcems-inCiesntrtraatilv Fel oserirdvaic, eLsL, Cb.u Tdhgeet sperrevpicaersa tiinocnl,u adlle fibnuatn ac riaae l Mnreoaptn oalrigmtesim, taeendnn ttu oAa, lg rareeucedomirtdsei,n netgt cw a. intdh IpRMnoeifscpoirrrtomeivssaoeet fnpitot aOsny fv fTiaimcerecipoh, leunetsomc lc.o eoGgnsoyttv a oetfir oinnnmf oaernnmdt aaplt riMoongar ntaeamcghemnmionelnog gtf yoS erf orfvrr iatcuhedes D–p irCsotetrneictcrtt aisolu nFc,lh oa racicsdo vaui,d nLetLionC cg po srnooffvetriwdeeansrc eitn,h tgea,s bcell oestuyssd tf seotmro mrsa. egeet ianngds ,s eArdvoebres,, uCRWCpheeendpabptarsrettiaeetslesre F ,nM 1dlto8asor9 icint,ud htFmaeel,no eLcarnoLindtsCc atu esp p S raltooasvatsuidodtscee,i sash .tt oeThsdhet isewnesg eist aehsnre vmdriv cdoiecnosemi.st o airniincn lrgue danene sdwi tamel spa, iewnrtefaobirnsmiitneag nb ctaehc eka suDspeisss,t sremitccet.’ nsG towsv, esebercsniumtreie tncyrt aeanal tMde dfain rieanwg eaamcllc eomnratd iaSnnetrceveni acwneisct eh–, Postage Mailing of agenda packages, overnight deliveries, correspondence, etc. Telephone Telephone and fax machine. Printing & Binding Printing and Binding materials for board meetings, printing of computerized checks, stationary, envelopes etc. Insurance T he District’s general liability, public officials liability and property insurance coverages. Legal Advertising gTehnee Draisl tcriircctu ilsa rteioqnu. ired to advertise various notices for monthly Board meetings, public hearings, etc in a newspaper of Contingency Bank charges and any other miscellaneous expenses incurred during the year. Dues, Licenses & Subscriptions Tonhley Deixsptreincst ei su rnedqeuri trheids tcoa tpeagyo rayn f aonr nthuea lD fieset rtioc tt. he Florida Department of Economic Opportunity for $175. This is the 4 Davenport Road South Community Development District General Fund Budget Operation and Maintenance Field Expenditures: Field Management Tcccoaohlnnelstt Drr aaainccsdtttsor ei rcfmsot, r iam sit lhcosoe.n n iDttorisarticnrtigecd to wsf uuictthhil iGatyso valaecnrcndomsucneatnpst,e aa la tMntedan ndlaa kBgeeo mamredani ntm tSeeeenrtavinniccgeess. - aSCneedrn vtrirecaceles Fi vilnoecr aildunadd,e Lr oeLnsCps fiootner d oin ntsosp ipteerc otfiipoeelndrst ,my m aoenweantgieenrmg pse hnwoti ntohef Electric R epresents current and estimated electric charges of common areas throughout the District. Street Lights Encompasses the budgeted amount for the District’s decorative light poles and fixtures in various locations. L Raenpdrescsaepnets M thaein etsetniamnactee d maintenance of the landscaping within the common areas of the District. L Raenpdrescsaepnets C tohnet iensgtiemncayt ed cost of replacing landscaping within the common areas of the District. Mulch Represents the estimated cost of mulch within the common areas of the District. Irrigation Repairs Represents the cost of maintaining and repairing the irrigation system. This includes the sprinklers, and irrigation wells. General Field Repairs & Maintenance The estimated costs that the District will incur for repairs and maintenance. Contingency fR ieelpdr ecasetengtos rfyu.n ds allocated to expenses that the District could incur throughout the fiscal year that do not fit into any Amenity Expenditures Property Insurance The District’s property insurance coverages. Security Represents security services provided throughout the fiscal year. 5 Davenport Road South Community Development District General Fund Budget LRaenpdrescsaepnets M thaein etsetniamnactee d maintenance of the landscaping within the Amenity of the District. R Laenpdrescsaepnets C tohnet iensgtiemncayt ed cost of replacing landscaping within the Amenity of the District. Mulch Represents the estimated cost of mulch within the Amenity areas of the District. Pest Control Represents pest control for monthly treatment at the Amenity Center. Pool Maintenance Represents the cost to provide pool chemicals and pool maintenance services. Janitorial Services This line item represents janitorial services provided for the Amenity Center. Electric – Amenity This represents the estimated cost for electric utility of the Amenity Center. Water – Amenity Represents current and estimated costs for water and refuse services provided. Cable/Internet Represents internet services at the Amenity Center. Amenity Repairs & Maintenance Represents estimated general cost for repairs and maintenance of the amenity center. Amenity Access Management fkpPoeorroyl iDvccaiyidsr vtedris oit carltaoc ntcuieeobswnlsess sc vhaaionradod r t iedisnmisrgueo afctonetr c r ceieas mtsmhuoeretorseau a cgmnuhdso rt ncoeiogmtnoiserctriern rasgnet irsoov nrnie c,a lepan rtt aoehsdor-o fnt uooegf ea hrdce epcsedhids obsena ncesoc iaysnn.,t Dardoni esld.tm rSpiatchaitlofs fdt aorirre ieevdc ipeetnlrwyot isvtf oiiscd etaehctduieo r eAniltem.y Tc etchrnoeoin tntcyeie caAr mcncocs ame alssmnso dTu p aenramiocmvaeitn. diioetnys Amenity Contingency cRaetpergeosreyn. ts funds allocated to expenses that the District could incur throughout the fiscal year that do not fit into any Other Financing Sources/(Uses) Capital Reserve Represents projected transfer out to the Capital Projects fund. 6 Davenport Road South Community Development District Proposed Budget Debt Service Fund Series 2018 Adopted Actuals Projected Description FBYu2d0g2e5t 1/T3h1r/u25 8 MNoenxtths P9r/oT3jhe0rc/ut2e5d PFBrYou2pd0og2see6td ICARnsaetsrveerersynes Fsmutoeersnwtasr -d T Sauxr Rpolulls (1) $$$ 34 49 67 ,,24 -5734 $$$ 34 46 28 7,,,271115787 $$$ 1 4 4 ,,35 -1547 $$$ 34 46 2781,,,224177481 $$$ 34 491370,,,230770460 Total Revenues $ 843,727 $ 818,092 $ 18,871 $ 836,963 $ 850,650 Expenditures IIPnnrttineerrceeipssatt l-- -15 1/111//11 $$$ 111355255,,,078017035 $$$ 11 35 55 ,,08 -0103 $$$ 1 5 2 ,7 --75 $$$ 111355255,,,078017035 $$$ 111445029,,,067027055 Total Expenditures $ 443,588 $ 290,813 $ 152,775 $ 443,588 $ 442,400 Excess Revenues/(Expenditures) $ 400,139 $ 527,279 $ (133,904) $ 393,376 $ 408,250 (1) Carryforward Surplus is net of Debt Service Reserve Funds PIrnintecripesatl -- 11T11o/t/a11l $$$ 112449459,,,066022055...000000 Product Assessable Units Net Assessment Net Per Unit Gross Per Unit Single Family 369 $ 447,274 $ 1,212.12 $ 1,303.36 Total 369 $ 447,274 7 Davenport Road South Community Development District Series 2018 Special Assessment Bonds Amortization Schedule Date Balance Prinicpal Interest Total 05/01/25 6,085,000.00 $ - $ 152,775.00 $ 11/01/25 6,085,000.00 $ 140,000.00 $ 152,775.00 $ 445,550.00 $ 05/01/26 5,945,000.00 $ - $ 149,625.00 $ 11/01/26 5,945,000.00 $ 145,000.00 $ 149,625.00 $ 444,250.00 $ 05/01/27 5,800,000.00 $ - $ 146,362.50 $ 11/01/27 5,800,000.00 $ 150,000.00 $ 146,362.50 $ 442,725.00 $ 05/01/28 5,650,000.00 $ - $ 142,987.50 $ 11/01/28 5,650,000.00 $ 160,000.00 $ 142,987.50 $ 445,975.00 $ 05/01/29 5,490,000.00 $ - $ 139,387.50 $ 11/01/29 5,490,000.00 $ 165,000.00 $ 139,387.50 $ 443,775.00 $ 05/01/30 5,325,000.00 $ - $ 135,262.50 $ 11/01/30 5,325,000.00 $ 175,000.00 $ 135,262.50 $ 445,525.00 $ 05/01/31 5,150,000.00 $ - $ 130,887.50 $ 11/01/31 5,150,000.00 $ 180,000.00 $ 130,887.50 $ 441,775.00 $ 05/01/32 4,970,000.00 $ - $ 126,387.50 $ 11/01/32 4,970,000.00 $ 190,000.00 $ 126,387.50 $ 442,775.00 $ 05/01/33 4,780,000.00 $ - $ 121,637.50 $ 11/01/33 4,780,000.00 $ 200,000.00 $ 121,637.50 $ 443,275.00 $ 05/01/34 4,580,000.00 $ - $ 116,637.50 $ 11/01/34 4,580,000.00 $ 210,000.00 $ 116,637.50 $ 443,275.00 $ 05/01/35 4,370,000.00 $ - $ 111,387.50 $ 11/01/35 4,370,000.00 $ 220,000.00 $ 111,387.50 $ 442,775.00 $ 05/01/36 4,150,000.00 $ - $ 105,887.50 $ 11/01/36 4,150,000.00 $ 230,000.00 $ 105,887.50 $ 441,775.00 $ 05/01/37 3,920,000.00 $ - $ 100,137.50 $ 11/01/37 3,920,000.00 $ 245,000.00 $ 100,137.50 $ 445,275.00 $ 05/01/38 3,675,000.00 $ - $ 94,012.50 $ 11/01/38 3,675,000.00 $ 255,000.00 $ 94,012.50 $ 443,025.00 $ 05/01/39 3,420,000.00 $ - $ 87,637.50 $ 11/01/39 3,420,000.00 $ 270,000.00 $ 87,637.50 $ 445,275.00 $ 05/01/40 3,150,000.00 $ - $ 80,718.75 $ 11/01/40 3,150,000.00 $ 285,000.00 $ 80,718.75 $ 446,437.50 $ 05/01/41 2,865,000.00 $ - $ 73,415.63 $ 11/01/41 2,865,000.00 $ 300,000.00 $ 73,415.63 $ 446,831.25 $ 05/01/42 2,565,000.00 $ - $ 65,728.13 $ 11/01/42 2,565,000.00 $ 315,000.00 $ 65,728.13 $ 446,456.25 $ 05/01/43 2,250,000.00 $ - $ 57,656.25 $ 11/01/43 2,250,000.00 $ 330,000.00 $ 57,656.25 $ 445,312.50 $ 05/01/44 1,920,000.00 $ - $ 49,200.00 $ 11/01/44 1,920,000.00 $ 345,000.00 $ 49,200.00 $ 443,400.00 $ 05/01/45 1,575,000.00 $ - $ 40,359.38 $ 11/01/45 1,575,000.00 $ 365,000.00 $ 40,359.38 $ 445,718.75 $ 05/01/46 1,210,000.00 $ - $ 31,006.25 $ 11/01/46 1,210,000.00 $ 385,000.00 $ 31,006.25 $ 447,012.50 $ 05/01/47 825,000.00 $ - $ 21,140.63 $ 11/01/47 825,000.00 $ 400,000.00 $ 21,140.63 $ 442,281.25 $ 05/01/48 425,000.00 $ - $ 10,890.63 $ 11/01/48 425,000.00 $ 425,000.00 $ 10,890.63 $ 446,781.25 $ 6,085,000.00 $ 4,582,256.25 $ 10,667,256.25 $ 8 Davenport Road South Community Development District Proposed Budget Capital Reserve Adopted Actuals Projected Description FBYu2d0g2e5t 1/T3h1r/u25 8 MNoenxtths P9r/oT3jhe0rc/ut2e5d PFBrYou2pd0og2see6td CRaervreyn Fuoersward Surplus $ 20,234 $ - $ 22,068 $ 22,068 $ 17,060 Total Revenues $ 20,234 $ - $ 22,068 $ 22,068 $ 17,060 Expenditures SFCupaerpneitidatu lD rOreui vRtelea pfyolar cPeomoel nPtu/mReppsair $$$ 1 0 58,,,055000000 $$$ --- $$$ 458,,,025005000 $$$ 458,,,025005000 $$$ 558,,,055000000 Total Expenditures $ 24,000 $ - $ 17,750 $ 17,750 $ 19,000 Other Sources/(Uses) Transfer In/(Out) $ 12,742 $ - $ 12,742 $ 12,742 $ 1,940 Total Other Sources/(Uses) $ 12,742 $ - $ 12,742 $ 12,742 $ 1,940 Excess Revenues/(Expenditures) $ 8,976 $ - $ 17,060 $ 17,060 $ - 9