Heritage Park Community Development District Approved Budget FY2025 1-2 3-7 8 9 10 Table of Contents General Fund General Fund Narrative Amortization Schedule Series 2013 Debt Service Fund Series 2013 Capital Reserve Fund Heritage Park Community Development District Approved Budget FY2025 General Fund Adopted Actual FBYu2d0g2e4t 3/T3h1r/u24 6Pr MoNjoeenxctttehds 9Pr/To3jo0etac/tl2e4d AFBpYup2rd0ogv2ee5td Revenues: ISCnpaterercryiea Fslt oArswseasrsdm Seunrtpslus* $$$ 2 75 255,,,124525059 $$$ 2 74 376,,,581598888 $$$ 39 ,, 00 07 09 - $$$ 2 75 675,,,528956868 $$$ 3 41 644,,,069059068 Total Revenues $ 332,834 $ 327,644 $ 12,079 $ 339,722 $ 365,654 Expenditures: Administrative: Supervisor Fees 6,000 $ 2,800 $ 3,000 $ 5,800 $ 6,000 $ FICA Expense 459 $ 214 $ 230 $ 444 $ 459 $ Engineering Fees 10,000 $ 3,594 $ 3,406 $ 7,000 $ 10,000 $ Attorney 16,000 $ 3,372 $ 8,628 $ 12,000 $ 16,000 $ Arbitrage 450 $ 450 $ - $ 450 $ 450 $ Dissemination 1,000 $ 500 $ 500 $ 1,000 $ 1,060 $ Annual Audit 3,400 $ - $ 3,400 $ 3,400 $ 3,500 $ Trustee Fees 4,500 $ 4,445 $ - $ 4,445 $ 4,500 $ Assessment Administration 7,500 $ 7,500 $ - $ 7,500 $ 7,950 $ Management Fees 58,583 $ 29,292 $ 29,292 $ 58,583 $ 62,098 $ Information Technology 1,800 $ 900 $ 900 $ 1,800 $ 1,890 $ Website Maintenance 1,200 $ 600 $ 600 $ 1,200 $ 1,260 $ Telephone 250 $ 48 $ 52 $ 100 $ 250 $ Postage 750 $ 149 $ 226 $ 375 $ 750 $ Printing & Binding 1,000 $ 164 $ 336 $ 500 $ 1,000 $ Insurance 8,450 $ 7,938 $ - $ 7,938 $ 8,737 $ Legal Advertising 1,350 $ 185 $ 1,165 $ 1,350 $ 1,350 $ Other Current Charges 1,000 $ 483 $ 500 $ 983 $ 1,000 $ Office Supplies 250 $ 52 $ 73 $ 125 $ 250 $ Dues, Licenses & Subscriptions 175 $ 175 $ - $ 175 $ 175 $ Total Administrative: 124,117 $ 62,861 $ 52,308 $ 115,169 $ 128,679 $ Operations & Maintenance Field Services 11,808 $ 5,904 $ 5,904 $ 11,808 $ 12,516 $ Property Insurance 1,110 $ 955 $ - $ 955 $ 1,080 $ Electric 22,000 $ 10,500 $ 10,500 $ 20,999 $ 22,500 $ Streetlights 49,140 $ 23,380 $ 23,366 $ 46,746 $ 49,140 $ Landscape Maintenance 39,732 $ 18,920 $ 18,920 $ 37,840 $ 39,732 $ Landscape Contingency 6,000 $ 2,840 $ 1,160 $ 4,000 $ 8,000 $ Tree Trimming - $ - $ - $ - $ 5,000 $ Lake Maintenance 24,507 $ 11,670 $ 11,670 $ 23,340 $ 24,507 $ Lake Contingency 7,000 $ 120 $ 3,380 $ 3,500 $ 10,000 $ Irrigation Repairs 2,500 $ - $ 1,250 $ 1,250 $ 2,500 $ Common Area Maintenance 12,000 $ 2,457 $ 3,543 $ 6,000 $ 12,000 $ Contingency 5,000 $ - $ 2,500 $ 2,500 $ 5,000 $ Operating Reserve 7,000 $ - $ - $ - $ 5,000 $ Total Operations & Maintenance: 187,797 $ 76,746 $ 82,192 $ 158,938 $ 196,975 $ Reserves Capital Reserve Transfer 20,920 $ - $ 20,920 $ 20,920 $ 40,000 $ Total Reserves 20,920 $ - $ 20,920 $ 20,920 $ 40,000 $ Total Expenditures 332,834 $ 139,607 $ 155,420 $ 295,026 $ 365,654 $ Excess Revenues (Expenditures) - $ 188,037 $ (143,341) $ 44,696 $ - $ *Less 1st Quarter Operating Funds Net Assessment 314,958 $ Collection Cost (6%) $20,104 Gross Assessment $335,062 1 FY2025 Per Unit FY2024 Per Unit Property Type Parcel Units/Lots EAU Factor Total EAU % of EAU Budget Assessments Assessments SSSSSSMiiiiiiunnnnnnggggggltllllllieeeeee F FFFFFFaaaaaaammmmmmmiliiiiiiyllllllyyyyyy 556678333355'''''' DDEECAF----1212 11145881462669668 0111111.......00224560000000 11166781294779069....0022...0240000000 111129902567..11.....111487703348%%%%%%% $$$$$$$33345590001335,,,,,,,000677811223583566688 $$$$$$$244556723444550177999 $$$$$$$133445514477890035559 Total 703 733 $335,062 Heritage Park Community Development District Gross Per Unit Assessment Comparison Chart 2 FCYo2m0mH25ue nrAiipttyap gDroeev vPeedalo rBpkum degnett REVENUES: SPECIAL ASSESSMENTS TDhiset rDicits tinri cotr dweirl lt ole pvayy a f onro tnh-ea do pvearlaotrinemg e axspseensdsmituernets odnu rainll go tfh teh feis acassl eysesaarb. le property within the INTEREST T he District will invest surplus funds with US Bank. EXPENDITURES: ADMINISTRATIVE: a$SCm4Uh,aP8opE0ut0Rne trVp f1IeoS9rrO 0 ytR,he Fae Flr ofE iprsEiacdSiada l Sytotea aetrau ictseh sb S aauslpleoedwr uvspi seooanrc h5fo Bsru otpaheredr tv imimseoemr dsb eaevtrto ettnoed dr ietnocge D i6vi semt $rei2ec0tti 0bn ugpsse.ir n mesese atnindg m neoet ttion gesx.c Tehede SRFuIeCppAerer EvsXeisnPotErssN tcShhEee cEkms.p loy er's sh a re of Social Security and Medicare taxes withheld from Board of TdaEniNhrdeeG cDpItNrieseEdtpEr baiRcyrtIa 'tNsthi Geoen nBFg EofionEarerS dem r o o wfn Sitluhl pblyee r bpv orisaoorvdrisd m.i nT eg he egt ieDnngiesstr,r arilce etv nhiegawisn ceooefnr iitnnrvagoc stieceredvs Pi, careonssd ts oev rtah rIneio cDu. isfso tprr ritcohtje,e sece.tgs s. ,e aarstvstiiegcnendsea.d n caes AraTMethTatseeTno nlaDOudgiRtaseintNorr.cn EiecsYt , ' asan naddt t oporrtnheeepyra ,r rKaetusieotaankr c fRh oo ra csmks iLogLnnPteh,d lwy a ilsml dbeieer tepincrtgoesvd,i dpbiyrne gtp hgaeer naBteoiroaanrl dlae ongfad lS rsueepvrevireivcwies soo trfos ataghnrede D etmihseter nDictists, taern.igcd.t, TAcBahoRlnecB udDIlsTai. stRetAr tiGchtEe h D aid st rciocnt'tsr aA crtbeidt rwagiteh R AeMbaTtEe CL,i aabni liintyd eopne tnhdee Snet rcieesr t2if0ie1d3 pSupbelciica la Accsosuesnstmanetn, tt oR eafnunnudainllyg DTcA(5ohsI)nsSe etS wrDsEashiMcsmittcIerehNidn cA rttwe TRilisaIte Ohtrfeue NGsqn oudtvoiiren eragdnd B mdboiyetni ntdohtnsae.al lSM eracenuparogirtetyim nagen ndrt e ESqxeucrihvraiecnmegsee,n LCtLsoC mf ofmorr iu stnhsiriosa ntse etdrov bcicooemn odpn li ysth swueie Stshe. rRTieuhsle e2 D01i15s3ct2r Si-cp1te2 ch(ibaas)l 3 FCYo2m0mH25ue nrAiipttyap gDroeev vPeedalo rBpkum degnett rTAehNceNo rUDdAiss Ltor nAic Uat nDi saI Tnrne quuailr bea ds ibs.y T Fhleo rDidisat rSictta htuatse cso tnot raarcrtaendg we itfohr G aranu i n&d Aespseoncdiaetnets afourd tith iosf s eitrsv ifcinea. ncial tTThhRaeUt DaSrTiesEt drEie cFptE owEsiiStle l dp awyi tahn an uTarlu tsrt ueest aete U feS e Bsa fnokr. the Series 2013 Special Assessment Refunding Bonds ASSESSMENT ADMINISTRATION iadpTnneahcbynelu-tu o Ddasfelifilnssryt,gv rla,iie cncbvetduy 'sa t ta nrnf duNion eotoa- npluni-empcAri aiadatltn e Viadnaald gyltvo oseiri xsserop.em reTs, np haGsoissenos sevad slevissnriomagn midetnoniecr tenlb uctodatn lei dnsMh vsooaelnirdcvaienigrceg eqm outreoe n bsbttyi il oSlm neaarsnv,i dnipc trceaeosinpl, liaeLnycLgmtC tae,h snewst e aisalslsn smpaelsreyosnsmvtiissed, nfeloot r snr eoagrn-lvltn eiacurnemadsl ftATMionhcA,c aerNon eDuAcciniosGatrtlEird nriMicegntp Eg ahoN naardTtnsi dnRcF ogeEt,ncrE aaotSnrnr andsc cuitnraeigldp aS twiueodcintr ih teos tG,fa eorbtyvoc e.aS r r e n drm vmieceneetsat filon Mrg sat,hn aead gDmeimsinteriisnctttr .Sa etTirvhveei c sseeesrr, vvLiiLcceCess t, oibn upcdlruogdveeitd , pebr uMetp ananoraatg tleiiommnie,t neadtll, INFORMATION TECHNOLOGY cpTDlrhiosoeutt rdeDic cittssi’ttosor niricn,a tafg ochecra omssu eacnrtovtinoiinctnrge a sssc yotasefnttdewd mw asrsiee,t h,rw vA Ghedoriocsvbh,e e rpi,nn oMmcsliiuectirndvoteeas olb pfMuta tOya a nffriaimecg eepn,m loeettem cnl.ei tm nStieatertvidoi cnteo s a,v nLiddL eCop rfocoorg nrcafoemsrtemsn ircneingla gtf eosder rtvfori acteuhsde, TWFwmlhioaEteirhBn iD dtSmeiaIsnT otarSnEniti caMtctote uArh, itauIneNspgs Td. c aoaETnntNehdtAsre ,ams NdceCaot eiEcsndu et mrawvieniitcnihnet s gGu optihnvloeceal ruDdndsmise, th ernosicistttate’ilsn Mgpw eaaernnbfadosgri dtemeom amcenrnaceitean tS eraeedsrn svieeincsw esaasmc,l cseLo,n LwrtCdse a,fb onssrcie tetce hu wbera iicttcyhok suCtapshn saad,p s estftoeicrrc. e ia1wt8ae9ldl, TELEPHONE T elephone and fax machine. TPrehOqeSu TDirAiesGdtr Ecic otr irnecsu prosn cdheanr cgee.s for m ailing o f Board meeting agenda's, checks for vendors, and any other cPPorRrinIrNetisTnpIgoN nGadn &edn BcbeIiN,n sDdtaiInNtigoG n a agreyn, deatc .p ackages for board meetings, printing of computerized checks, gpTINorhovSeveU irDRdnieAmsdtNer CbincEytta ’ sFl laog g ereinndecari aeInls .s l ui arbainlictey , Aplluiabnlicce o(fFfIiAci)a. lsF’I Ali asbpielictiya liazneds ipnr opproevrtiyd inings iunrsaunrcaen cceo vceorvaegreasg ea rtoe 4 FCYo2m0mH25ue nrAiipttyap gDroeev vPeedalo rBpkum degnett LEGAL ADVERTISING aoAdtdhvveeerrr tatiidssevindeg rf tooirsf i pnmugob tnlhitcah tbl ymid badyoin abgre,d ir .mee.q eaueuitrdienitdg s.s e, rpvuicbelisc, ehnegairnienegrsi,n agn sde ravniyce s, emrvaiicnetse ntahnact ea croe nrterqauctirse adn dto a nbye OTHER CURRENT CHARGES Represents bank charges and any other miscellaneous charges that the District may incur. OFFICE SUPPLIES coTofhfpieci eeDr si suatnpridpc ltip eirnsi.cn utersr ctohnaergr ecsa frotrri dsugpesp,l ipeasp tehra, tf nilee efdo ltdoe brse, pbuinrdcherass,e pde dnusr, ipnagp tehre cfliispcsa,l ayneda ro, tihnecrlu sduinchg oTDnhUleyE DSe,xi sLptIerCincEstNe i Ssu EnrSed,qe SurU itrBheiSdsC tcRoa ItpPeagTyoI rOaynN f oSa rn nthu ea lD fiesetr ti cot .t he D e partment of Commerce for $175. This is the OPERATIONS & MAINTENANCE: FIELD SERVICES iBDmnoiacsalnturraddigc emte mweheeaetnsei ktn clgoyosf n scationrtnead ct irrtneeascdcpet seiwv cfeotiti raoh nnD dsGi,s o rtmevriseecpretno tSimnnedrge vnstoi tcwa eplis rt oMhsp uacecnorhnat ygatr esoa mwlcatennonedrtrss ,cp Samheprooevnn iaecitn ecodsar, lillnaLsgk La eCno mfd t uoeat miinpliatrteiyolns vaa.i ncdcceoe u.o Snnetssri,vt eaic tetfeise ntlddo sTPphReeOc iPDaEilisRzterTiscY it n’IsN ppSrrUoovRpidAeirNntCyg Eiin nssuurraannccee ccoovveerraaggee t ois g opvroevrnidmeedn btayl aFgloernicdiae sI.n surance Alliance (FIA) who 5 FCYo2m0mH25ue nrAiipttyap gDroeev vPeedalo rBpkum degnett ELECTRIC tP hreo j1e8ct leadk ec ofosut notfa einlesc atrti cth aec fcoolulonwtsi nthg elo Dcaisttiroincst :m Laaiknetas i#n s1 w00it-h1 8F0lo0r ida Power & Light for service to Description Monthly Annual 11111222222333456678C00001111222335555569on00001122223345577789t 0347PPEEAOHHHHWWWWCHi nEEAWeii. raeeeee RnnoooogRbd..kfffffr eeeeooooifffffRRobae leeeeeA dndddddrdAAroeerrrrr c r eeee dd rHoooooArrPPHbydddd bbnnnnn Taroi HHoo noob CCCCrruDDDDDruooekrraorrrr sC rrrrrsuu ooooirCCeDC.. leiss ###sssss iirC#t rBeerrssss B PP Ct#P# Fiiiir###BB.rnnnnuoT aouPPPa FPrrggggnmFn umuonaao#o udocCCCCnmnpnncnFupmhu iiiihtd ccdorrrrn a pn hhRp ccc uRti# t1 nlll adanRRee ed7Fi it ndd #n0o###a ..uP 0iPP Pnn uuuu tmmmmaippppn $$$$$11112$$$$$$$$$$$$$$$5555666666777780123700000000005555500005 $$$$$$111123$$$$$$$$$$$$$$$,,,,,,233345666677777788889002446002224444666888000000000000000000000 Total $22,500 STREETLIGHTS cTohme mDiusntriitcyt. h as the following account with Florida Power & Light for the streetlights throughout the Description Monthly Annual 1C0on0t0i nWgeonocdyla nd Rd - Streetlighting $3,900 $4$26,,384000 Total $49,140 6 FCYo2m0mH25ue nrAiipttyap gDroeev vPeedalo rBpkum degnett LANDSCAPE MAINTENANCE sfsmTaeehcurreivvll ciiiDthccieei es.sas t n riniidncc tcl iulwrudrdiielgil nb aigutni tcop uanorr ne re denx popbatea ilnrnimsdk.i sitTt,u eherdeen ts to rDt ymoiws otmarniyactsihtn, ltyhaa anliasndn tcdshoismenc atrirlpiaagerch mttpesadl-aoi nnfw-ttweiintnahgay n,Ya cmreeel,ela ofdsew irawtsnitli oitszhnteirenri ,p Lptshae, nesat dniDscdcii dsarteperscei,cr atef.noa Tntri huoteanhslaisesl, Description Monthly Annual LCaonndtisncgaepnec Cy ontract $3,153 $3$17,,889420 Total $39,732 LANDSCAPE CONTINGENCY vFeunnddoinrg. for additional landscaping improvements outside of the contract with the landscape TREE TRIMMING Funding for the trimming of trees within the District’s common areas. LAKE MAINTENANCE The Dis trict ha s contr acted w ith Futu re Hor izons In c. to m aintain 18 lak es with in the district. Description Monthly Annual CAoqnutaitnicg ePnlacyn t Treatment $1,945 $2$13,,136470 Total $24,507 LAKE CONTINGENCY Funding for additional lake improvements outside of the contract with the lake vendor. Description Annually CGoranstsin Cgaernpc yS tocking $$34,,000000 TOTAL $7,000 COMMON AREA MAINTENANCE Services render in the field from non-specified vendors as selected by the District. OPERATING RESERVE General reserves for ongoing operations. TRANSFER OUT – CAPITAL RESERVE R epresents amount to transfer to Capital Reserve Fund. 7 Heritage Park Community Development District Approved Budget FY2025 Capital Reserve Fund Adopted Actual FBYu2d0g2e4t 3/T3h1r/u24 P6r MoNjoeenxctttehds P9r/oT3joe0tca/t2le4d AFBpYup2dr0og2vee5td Revenues: ITnrtaenrsefsetr In $$ 2 20,,692500 $$ 1 , 1 0 3 - $$ 2 10,,290200 $$ 2 20,,390203 $$ 4 20,,200000 Total Revenues $ 23,570 $ 1,103 $ 22,120 $ 23,223 $ 42,200 Expenditures: CCaopntiitnalg Oenuctylay $$ 5 0 - $$ 2 , 140202 $$ -- $$ 2 , 142020 $$ 5 0 - Total Expenditures $ 500 $ 2,522 $ - $ 2,522 $ 500 Excess Revenues (Expenditures) $ 23,070 $ (1,419) $ 22,120 $ 20,701 $ 41,700 Fund Balance - Beginning $ 130,102 $ 116,555 $ - $ 116,555 $ 137,256 Fund Balance - Ending $ 153,172 $ 115,136 $ 22,120 $ 137,256 $ 178,956 8 Heritage Park Community Development District Approved Budget FY2025 Debt Service Fund Series 2013 Adopted Actual FBYu2d0g2e4t 3/T3h1r/u24 P6r MoNjoeenxctttehds P9r/oT3joe0tca/t2le4d AFBpYup2dr0og2vee5td Revenues: ISCnpaterercryiea Fslt oArswseasrsdm Seunrtpslus $$$ 13 68 613,,,507529019 $$$ 13 166058,,,479577456 $$$ 1 43 ,, 05 08 07 - $$$ 13 168425,,,079477445 $$$ 13 178216,,,047029015 Total Revenues $ 551,370 $ 545,205 $ 17,587 $ 562,793 $ 570,216 Expenditures: Series 2013 IIPnnrttieenrrceeipsstta --l 01- 150//500/1101 $$$ 2 881555,,,660440990 $$$ 8 5 , 6 4 9 -- $$$ 2 81 55 ,, 06 04 09 - $$$ 2 881555,,,066044099 $$$ 2 882005,,,099011099 Total Expenditures $ 386,298 $ 85,649 $ 300,649 $ 386,298 $ 386,838 Other Sources/(Uses) Transfer In/(Out) $ - $ - $ - $ - $ - Total Other Financing Sources (Uses) $ - $ - $ - $ - $ - Excess Revenues (Expenditures) $ 165,073 $ 459,557 $ (283,061) $ 176,495 $ 183,378 Interest - 11/1/2025 $75,294 Total $75,294 Net Assessment $381,721 Collection Cost (6%) $24,365 Gross Assessment $406,086 Property Type Units Gross Per Unit Gross Total SSSSSSMiiiiiinnnnnnuggggggltllllllieeeeee F FFFFFFaaaaaaammmmmmmiliiiiiiyllllllyyyyyy 556678333355'''''' 11135781465689566 $$$$$$$255668901778882336677 $1$$$$$$33456610123458,,,,,,,003448801467891334779 Total 685 $406,086 9 DATE BALANCE RATE PRINCIPAL INTEREST TOTAL 5/1/24 3,410,000.00 $ 4.400% 215,000.00 $ 85,648.75 $ - $ 11/1/24 3,195,000.00 $ - $ 80,918.75 $ 381,567.50 $ 5/1/25 3,195,000.00 $ 5.000% 225,000.00 $ 80,918.75 $ - $ 11/1/25 2,970,000.00 $ - $ 75,293.75 $ 381,212.50 $ 5/1/26 2,970,000.00 $ 5.000% 235,000.00 $ 75,293.75 $ - $ 11/1/26 2,735,000.00 $ - $ 69,418.75 $ 379,712.50 $ 5/1/27 2,735,000.00 $ 5.000% 250,000.00 $ 69,418.75 $ - $ 11/1/27 2,485,000.00 $ - $ 63,168.75 $ 382,587.50 $ 5/1/28 2,485,000.00 $ 5.000% 260,000.00 $ 63,168.75 $ - $ 11/1/28 2,225,000.00 $ - $ 56,668.75 $ 379,837.50 $ 5/1/29 2,225,000.00 $ 5.000% 275,000.00 $ 56,668.75 $ - $ 11/1/29 1,950,000.00 $ - $ 49,793.75 $ 381,462.50 $ 5/1/30 1,950,000.00 $ 5.000% 280,000.00 $ 49,793.75 $ - $ 11/1/30 1,670,000.00 $ - $ 42,793.75 $ 372,587.50 $ 5/1/31 1,670,000.00 $ 5.125% 300,000.00 $ 42,793.75 $ - $ 11/1/31 1,370,000.00 $ - $ 35,106.25 $ 377,900.00 $ 5/1/32 1,370,000.00 $ 5.125% 320,000.00 $ 35,106.25 $ - $ 11/1/32 1,050,000.00 $ - $ 26,906.25 $ 382,012.50 $ 5/1/33 1,050,000.00 $ 5.125% 335,000.00 $ 26,906.25 $ - $ 11/1/33 715,000.00 $ - $ 18,321.88 $ 380,228.13 $ 5/1/34 715,000.00 $ 5.125% 350,000.00 $ 18,321.88 $ - $ 11/1/34 365,000.00 $ - $ 9,353.13 $ 377,675.00 $ 5/1/35 365,000.00 $ 5.125% 365,000.00 $ 9,353.13 $ 374,353.13 $ 3,410,000.00 $ 1,141,136.25 $ 4,551,136.25 $ AMORTIZATION SCHEDULE Heritage Park Community Development District SERIES 2013 10