Shingle Creek at Bronson Community Development District Proposed Budget FY2025 1-2 3-7 8 9 10 Table of Contents General Fund General Fund Narrative Amortization Schedule Series 2021 Debt Service Fund Series 2021 Capital Reserve Fund Shingle Creek at Bronson Community Development District Proposed Budget FY2025 General Fund Adopted Actual FBYu2d0g2e4t 2/T2h9r/u24 7Pr MoNjoeenxctttehds 9Pr/To3jo0etac/tl2e4d PFBrYou2pd0ogs2ee5td Revenues: SCpaerrcyia Fl oArswseasrsdm Seunrtpslus* $$ 120847,,180801 $$ 2 8517,,512509 $$ 2 9 , 6 5 8 - $$ 2 8817,,117589 $$ 2 4877,,112804 Total Revenues $ 391,981 $ 338,679 $ 29,658 $ 368,337 $ 334,304 Expenditures: Administrative: Supervisor Fees 10,000 $ 3,000 $ 7,200 $ 10,200 $ 10,000 $ FICA Expense 765 $ 230 $ 551 $ 780 $ 765 $ Engineering Fees 12,000 $ 1,217 $ 4,783 $ 6,000 $ 12,000 $ Attorney 25,000 $ 2,857 $ 7,143 $ 10,000 $ 25,000 $ Arbitrage 450 $ - $ 450 $ 450 $ 450 $ Dissemination 3,500 $ 1,458 $ 2,042 $ 3,500 $ 3,500 $ Annual Audit 4,600 $ - $ 4,600 $ 4,600 $ 4,700 $ Trustee Fees 4,050 $ - $ 4,050 $ 4,050 $ 4,050 $ Assessment Administration 5,300 $ 5,300 $ - $ 5,300 $ 5,300 $ Management Fees 37,500 $ 15,625 $ 21,875 $ 37,500 $ 42,500 $ Information Technology 1,800 $ 750 $ 1,050 $ 1,800 $ 1,800 $ Website Maintenance 1,200 $ 500 $ 700 $ 1,200 $ 1,200 $ Telephone 100 $ - $ 50 $ 50 $ 100 $ Postage 750 $ 80 $ 120 $ 200 $ 750 $ Printing & Binding 750 $ 11 $ 64 $ 75 $ 750 $ Insurance 6,200 $ 5,785 $ - $ 5,785 $ 6,200 $ Legal Advertising 2,500 $ - $ 2,500 $ 2,500 $ 2,500 $ Other Current Charges 600 $ 301 $ 299 $ 600 $ 600 $ Office Supplies 150 $ 1 $ 24 $ 25 $ 150 $ Property Appraiser Fee 425 $ 292 $ - $ 292 $ 425 $ Dues, Licenses & Subscriptions 175 $ 175 $ - $ 175 $ 175 $ Total Administrative: 117,815 $ 37,581 $ 57,500 $ 95,082 $ 122,915 $ Operations & Maintenance Field Services 10,000 $ 4,167 $ 5,833 $ 10,000 $ 10,500 $ Property Insurance 1,500 $ - $ - $ - $ 1,500 $ Electric 2,500 $ - $ - $ - $ - $ Streetlights 11,000 $ - $ - $ - $ 11,000 $ Water & Sewer 10,000 $ 1,230 $ 6,770 $ 8,000 $ 10,000 $ Landscape Maintenance 82,500 $ 26,250 $ 36,750 $ 63,000 $ 82,500 $ Landscape Contingency 7,500 $ - $ 3,750 $ 3,750 $ 7,500 $ Lake Maintenance 13,295 $ 4,375 $ 7,885 $ 12,260 $ 14,805 $ Lake Contingency 1,000 $ - $ 500 $ 500 $ 1,000 $ Irrigation Repairs 5,000 $ - $ 2,500 $ 2,500 $ 5,000 $ Repairs & Maintenance 5,000 $ - $ 2,500 $ 2,500 $ 5,000 $ Contingency 2,500 $ - $ 1,250 $ 1,250 $ 2,500 $ Total Operations & Maintenance: 151,795 $ 36,022 $ 67,738 $ 103,760 $ 151,305 $ Reserves Capital Reserve Transfer 122,371 $ 122,371 $ - $ 122,371 $ 60,084 $ Total Reserves 122,371 $ 122,371 $ - $ 122,371 $ 60,084 $ Total Expenditures 391,981 $ 195,974 $ 125,239 $ 321,213 $ 334,304 $ Excess Revenues (Expenditures) - $ 142,705 $ (95,581) $ 47,124 $ (0) $ *Less 1st Quarter Operating Net Assessment $287,180 Collection Cost (6%) $18,331 Gross Assessment $305,511 1 Fiscal Year 2024 Increase Fiscal Year 2025 Fiscal Year 2025 Property Type Units Gross Per Unit % Increase Gross Per Unit Gross Per Unit Total Gross Townhome 358 $384 0% $0 $384 $137,406.56 Single Family 274 $614 0% $0 $614 $168,104.08 Total 632 Gross Assessment $305,510.64 Shingle Creek at Bronson Community Development District Gross Per Unit Assessment Comparison Chart 2 Shingle Creek at Bronson Community Development District GENERAL FUND BUDGET REVENUES: Special Assessments a TDshisseet rsDiscimst teirninc tots rw adrielelr lbetiovll y–ef udaTn aondxno Cnatalo-laxl ldo ebp cvitlealorslra.o trienmg asnpdec miala ainstseensasmnceen et xopne anldl itthuer eass sdeusrsimnge ntth pe rfoispcearlt yy ewairt.h Tinh ethsee EXPENDITURES: Administrative: SeCAuxhmcpaeoepeurtdveni rt$s o4i1sr,9 8 bF00ae,0s eFe sp ldoe ror inyd ea5a rSS utpapateiudrt vetioss, oeaarlscl ohaw tStuse pnfoedrrinv eigsa o1cr0h f moBroe teahtreidn tgmims.e em dbeevro tteod r teoc Deiivsetr i$c2t 0b0u spinere sms aenetdi nmge, entoint gtso. F SRuIeCppAer erEvsxeipsnoetnrs s ceth heec kEsm. ployer’s share of Social Security and Medicare taxes withheld from Board of Engineering dp sTeirhrreeevp ciDactrieesadstt r tibioocyn tt 't hsah enee dn DB girosienatvrreiideec rtwo,, fe Ho S.gafu .mc paoietnltrtetovrnniasd coEatrn nssgcp aieenn caedinef itdrchi anpetg riDo e&inps saSt rruaianrctvtdi oeM bynaii dnfno gadr,g o Imencruco. m.n, wtehnillytls bb aeon apdrr dov avmridieoienutgsin gpgerson, jererecavtlis ee awnsg siiinngvenoeeirdcie nasgs, Attorney M atThghaeren e DaeDgmiissetetrrrn. iictcstt',, s r elee.sggo.a llua ctttiooeunnnsds aeanln,c dLe a otathhnaedmr ,pr Leruseenpaaar,r cEahtdi oeansn d&fio rBree camteuoddn ibntyhe ,l tywh eiml lB eboeeat pirndrgo osv,f i dSpiurnepgpe garevrnaisteoiroransl laeangndad lt shreeer vvDiieicswetsr itocotf A cTDorhisnbetit rtrDiracaictsg’ttseer d iAc rtw bwiitthirl alA gcMeo nTRtEerCabc aCtt oewr pLitiohar baaitnliio tiynn dofoenrp ttehhneids Sesenertri vecisec re2t.i 0fi2e1d Sppuebcliiacl aAcscsoeusnstmanent tt oB oanndnsu.a Tllhy ec aDlicsutlraictet hthaes c2 w TDo0hihsn2esitc 1eDrhm aSi cspirntteeeraicdlctai itawto elin sidAt hr se stGoqeo usvsairmederdednin mtbitoy eBn ntohatnlae dl S rMsee. pcaunorraitgtiyen mga nerdne tEq Suxecirrhveaimncegesen- tCCseo nmfotrmra ilus Fsnlioroarnti detoda, cLboLomCn pfdol yri wsthsiuitshe ss Re. ruTvleihc e1e 5 oDcn2i st-th1re2ic (Stbe )rh(i5eass) 3 Shingle Creek at Bronson Community Development District GENERAL FUND BUDGET oATnnh nea unDa ials nAtrnuiucdtai tli sb raesqisu. iTrehde bDyis Ftrloicrti dhaa sS tcaotnuttreasc ttoe da rwraitnhg Ge rfaour a&n A inssdoecpieantedse fnotr a tuhdisi ts oefr vitisc efi.n ancial records dTTerhupeso tDseieits eFtdrei ewcst i twh iall Tprauys taene naut aUlS tBraunskte. e fees for the Series 2021 Special Assessment Bonds that are a ATdshsmee sDinsimisstetrenirct t tA hhdeam sc iocnolilnsettcrrtaaiotcintoe nod f wnoitnh- aGdo vvearlonrmemen atasls eMsasnmaegnetm oenn at lSl earsvseicsessa-bCleen ptrroalp Felrotryi dwai,t hLiLnC t thoe lDevisyt raincdt. Management Fees rnM Teohapten o aDlrigtmiisentimtgrei,ec dant n thtn, oaAu,s ca rccle ooacnuuotndrrtidaitcni, ntegegt dca .n a wndi dtRh et Gcraoonrvdsecirnrnigpm Steieoncntra elot aMf rbyan oSaaegrrdevm icmeenes etf toSirne rgtvhsi,e c ebDsui-sdCtgereincttt r.p aTrlh eFepl oasrreiardtvaiio,c nLe,Ls Cainl tlc olf uipndraeon,v cbidiuaetl Information Technology rsp Teerhlroeavt tieDeccdeits sitot,r ocni lc,oD ta uichsdcat orssiu tccontor’tsnai ngtigrnea fsscooetrfermtvdwia cwateiroiset nh,a A nsGddyoo ssvbteeeerrm,vn Mesmr,i scew,r npohtosaicoslh ifMtt i ivOanenfc flapiucgaedey,em ei mtbecunp. ttl eSamererev nnitcoaetts io-lCinme anitnterdda pl trFool ogvrriidadmeao,m LciLonCng f ffeoorrre nfcrcoaisuntdgs Wa1m Ts8haes9eiobn ,D sctiFiietaslenott eraMrdiincda ctwai enh i,ta tSuehstnpa cmadtounaontctneteeriss ta.,o cdTrtioehndcegu sw ameni tesdhne mGrt vouaivpcineelotrsaan iidmnnsice,n lhnugotd tashelt eMins Diagtnie as atnprgdieec rmdtf’oose mrnwmtae Saibnens rcrivteeein c aceesrwses-eaaCstlesesn,md wt rienaenlb a tFsscli,cot eosr eribddcaauac,rn kLictuLeypC ws af,on ietrdht ct Chf. iher eacwpotsaetlsrl Telephone Telephone and fax machine. Postage Mailing of agenda packages, overnight deliveries, correspondence, etc. Printing & Binding ePnrivnetlionpge asn edt cB. inding agenda packages for board meetings, printing of computerized checks, stationary, 4 Shingle Creek at Bronson Community Development District GENERAL FUND BUDGET Insurance The District’s general liability and public officials liability insurance Insurance Alliance (FIA). FIA specializes in providing insurance covercaogvee troa ggoe vies rpnrmoveindteadl abgye nFcloiersid. a Legal Advertising iTnh ae nDeiwstsripcatp ise rr eoqf ugierneedr atol caidrcvuelrattisioen v. arious notices for monthly Board meetings, public hearings, etc Other Current Charges Bank charges and any other miscellaneous expenses incurred during the year. Office Supplies Miscellaneous office supplies. PRreoppreersteyn Atsp panraniusearl fFeeee from Osceola County Property Appraiser’s office. Dues, Licenses & Subscriptions T$1h7e5 D. i Tsthriisc ti si st hree qounilrye dex tpoe pnasye uann daenrn tuhaisl fceaet etgoo trhye f oFrlo trhied aD Disetrpiacrt.t ment of Economic Opportunity for Operations & Maintenance: SFPBeiroeoralvvdriid cSd eemesr ovetoinec tsieinisntc egl usfi daeenld do m nrseaicnteeai igvneesm apneednct tri ooenfs pcs,oo mnntdere attocitn psg rfsoo wpr etithrhtey c D ooinwsttnrraeiccrtt poshursoc,hn m eao scn alailtlnosd raisnncdga poeefm uaatniilldsit .l ya kacec mouanintste, antatnecned. P abRgyreoe pFpnrleceorisreteiysdn. aItn sIs neussrutairmnacnaetc eed A clolisatnsc feo r(F tIhAe) a. FnInAu aspl ceocivaelrizaegse ionf pprroovpiedrintyg iinnssuurraannccee. Ccoovveerraaggee two igllo bvee rpnrmoveindteadl SR terpereetlsiegnhttss estimated costs for 22 streetlights that will be maintained by the District. 5 Shingle Creek at Bronson Community Development District GENERAL FUND BUDGET RwWeiatphtre eTrs o&ehn Sote sWw ceoarst etsr fAour twhoatreitry s. ervices for areas within the District. The District currently has one account Account# Description Monthly Annual 0C0on2t6i7n4ge3n4c6y- 033259219 4R3M0 0 Natures Ridge Odd Drive 2" $550 $$36,,460000 Total $10,000 Ph LTaaHhsne Id bIDs e&ciesa nItpIr Ieci.c oTMtm hwaepiin llDelt teimsentdaar iinsncuctte cah hian as t sch oNen alttarunardcets’ scw aRiptihidn gFger waDnirtkihv Pieno, Tltlhyrea S cDotsdis ,A tIr,n iBcc,t. Lfao3frt, ePtrh- 1iisn, ssPte-ar2lv laaicnteido. nth oef Claonvde sacta Spteo rmeayt Learikael Description Monthly Annual LCaonndtisncgaepnec My aintenance $6,250 $7$57,,050000 Total $82,500 LuRanenpdderesrc smaepnoetns Ct hcolonyst tilnas ngfedonsrcc iayn pset aclolanttiroanc to. f annuals, mulch and any other landscape expenses not covered IagLRnnraecadkp.s e rfas oeM amsrn eatondihnnt ebtstseh rencul yoass sehnrtrec cvpefooi ocnrre ttsrm .oo afl ,ia nflltlo ewantaaintnegcr eaw ntadoy ss7u t rbpemoanteedrdsse . lTdo hcveae tgDeedist atwrtiiiocttnh h icnao snt hctoreon Dlt,r iaasdtcrdtieictdti. o wSnieatrhl vt Airceqeaust amitnieccn lWutsde aees ds r hCeooqrnuetilrrienodel, Description Monthly Annual CPPPPooooonnnnntddddi n135Mg ---ae i247nn c(tyeE n &a nGc)e - Ponds $$$127234005 $$$128$,,,668724800005 Total $13,845 m LRaeakpienr etCesonennatntisnc ege escntoicnmyt aratecdt. costs for any additional lake expenses not covered under the monthly lake I Rrerpigraetsieonnt Rs eepstaiimrsa ted costs for any supplies and repairs to irrigation system maintained by the District. 6 Shingle Creek at Bronson Community Development District GENERAL FUND BUDGET RRDeeispptarreiircsste .& n tMs aeisnttimenaatnecde costs for any repairs and maintenance to common areas maintained by the CRoenptriensgeenntcsy a ny additional field expense that may not have been provided for in the budget. TRreapnrsefseern Otsu tp –ro Cpaopsietadl aRmesoeurnvet to transfer to Capital Reserve Fund. 7 Shingle Creek at Bronson Community Development District Proposed Budget FY2025 Debt Service Fund Series 2021 Adopted Actual FBYu2d0g2e4t 2/T2h9r/u24 P7r MoNjoeenxctttehds P9r/oT3joe0tca/t2le4d PFBrYou2pd0ogs2ee5td Revenues: ISCnpaterercryiea Fslt oArswseasrsdm Seunrtpslus $$$ 27 188702,,,537001004 $$$ 26 199509,,,779138468 $$$ 28 04 ,, 05 18 24 - $$$ 27 489000,,,027039049 $$$ 37 318600,,,035002009 Total Revenues $ 1,080,514 $ 1,006,438 $ 104,596 $ 1,111,033 $ 1,126,829 Expenditures: Series 2021 IIPnnrttieenrrceeipsstta --l 01- 260//611/5515 $$$ 222449225,,,099033088 $$$ 2 4 2 , 9 3 8 -- $$$ 22 49 25 ,, 09 03 08 - $$$ 222449225,,,099033088 $$$ 223033599,,,022055000 Total Expenditures $ 780,875 $ 242,938 $ 537,938 $ 780,876 $ 783,500 Other Sources/(Uses) Transfer In/(Out) $ - $ (7,863) $ (11,766) $ (19,629) $ - Total Other Financing Sources (Uses) $ - $ (7,863) $ (11,766) $ (19,629) $ - Excess Revenues (Expenditures) $ 299,639 $ 755,637 $ (445,108) $ 310,529 $ 343,329 Interest - 12/15/2025 $235,438 Total $235,438 Net Assessment $780,300 Collection Cost (6%) $49,806 Gross Assessment $830,106 Property Type Units Gross Per Unit Gross Total STionwglneh Foammeily 235748 $$11,,064628 $$345736,,195515 Total 632 $830,106 8 Date Balance Principal Interest Annual 6/15/24 13,420,000 $ 295,000 $ 242,937.50 $ - $ 12/15/24 13,125,000 $ - $ 239,250.00 $ 777,187.50 $ 6/15/25 13,125,000 $ 305,000 $ 239,250.00 $ - $ 12/15/25 12,820,000 $ - $ 235,437.50 $ 779,687.50 $ 6/15/26 12,820,000 $ 310,000 $ 235,437.50 $ - $ 12/15/26 12,510,000 $ - $ 231,562.50 $ 777,000.00 $ 6/15/27 12,510,000 $ 320,000 $ 231,562.50 $ - $ 12/15/27 12,190,000 $ - $ 226,602.50 $ 778,165.00 $ 6/15/28 12,190,000 $ 330,000 $ 226,602.50 $ - $ 12/15/28 11,860,000 $ - $ 221,487.50 $ 778,090.00 $ 6/15/29 11,860,000 $ 340,000 $ 221,487.50 $ - $ 12/15/29 11,520,000 $ - $ 216,217.50 $ 777,705.00 $ 6/15/30 11,520,000 $ 350,000 $ 216,217.50 $ - $ 12/15/30 11,170,000 $ - $ 210,792.50 $ 777,010.00 $ 6/15/31 11,170,000 $ 360,000 $ 210,792.50 $ - $ 12/15/31 10,810,000 $ - $ 205,212.50 $ 776,005.00 $ 6/15/32 10,810,000 $ 375,000 $ 205,212.50 $ - $ 12/15/32 10,435,000 $ - $ 198,650.00 $ 778,862.50 $ 6/15/33 10,435,000 $ 385,000 $ 198,650.00 $ - $ 12/15/33 10,050,000 $ - $ 191,912.50 $ 775,562.50 $ 6/15/34 10,050,000 $ 400,000 $ 191,912.50 $ - $ 12/15/34 9,650,000 $ - $ 184,912.50 $ 776,825.00 $ 6/15/35 9,650,000 $ 415,000 $ 184,912.50 $ - $ 12/15/35 9,235,000 $ - $ 177,650.00 $ 777,562.50 $ 6/15/36 9,235,000 $ 430,000 $ 177,650.00 $ - $ 12/15/36 8,805,000 $ - $ 170,125.00 $ 777,775.00 $ 6/15/37 8,805,000 $ 445,000 $ 170,125.00 $ - $ 12/15/37 8,360,000 $ - $ 162,337.50 $ 777,462.50 $ 6/15/38 8,360,000 $ 460,000 $ 162,337.50 $ - $ 12/15/38 7,900,000 $ - $ 154,287.50 $ 776,625.00 $ 6/15/39 7,900,000 $ 480,000 $ 154,287.50 $ - $ 12/15/39 7,420,000 $ - $ 145,887.50 $ 780,175.00 $ 6/15/40 7,420,000 $ 495,000 $ 145,887.50 $ - $ 12/15/40 6,925,000 $ - $ 137,225.00 $ 778,112.50 $ 6/15/41 6,925,000 $ 510,000 $ 137,225.00 $ - $ 12/15/41 6,415,000 $ - $ 128,300.00 $ 775,525.00 $ 6/15/42 6,415,000 $ 530,000 $ 128,300.00 $ - $ 12/15/42 5,885,000 $ - $ 117,700.00 $ 776,000.00 $ 6/15/43 5,885,000 $ 555,000 $ 117,700.00 $ - $ 12/15/43 5,330,000 $ - $ 106,600.00 $ 779,300.00 $ 6/15/44 5,330,000 $ 575,000 $ 106,600.00 $ - $ 12/15/44 4,755,000 $ - $ 95,100.00 $ 776,700.00 $ 6/15/45 4,755,000 $ 600,000 $ 95,100.00 $ - $ 12/15/45 4,155,000 $ - $ 83,100.00 $ 778,200.00 $ 6/15/46 4,155,000 $ 625,000 $ 83,100.00 $ - $ 12/15/46 3,530,000 $ - $ 70,600.00 $ 778,700.00 $ 6/15/47 3,530,000 $ 650,000 $ 70,600.00 $ - $ 12/15/47 2,880,000 $ - $ 57,600.00 $ 778,200.00 $ 6/15/48 2,880,000 $ 675,000 $ 57,600.00 $ - $ 12/15/48 2,205,000 $ - $ 44,100.00 $ 776,700.00 $ 6/15/49 2,205,000 $ 705,000 $ 44,100.00 $ - $ 12/15/49 1,500,000 $ - $ 30,000.00 $ 779,100.00 $ 6/15/50 1,500,000 $ 735,000 $ 30,000.00 $ - $ 12/15/50 765,000 $ - $ 15,300.00 $ 780,300.00 $ 6/15/51 765,000 $ 765,000 $ 15,300.00 $ 780,300.00 $ Totals 13,420,000 $ 8,358,837.50 $ 21,778,837.50 $ (Term Bonds Combined) Amortization Schedule Shingle Creek at Bronson Series 2021, Special Assessment Bonds 9