Approved Budget FY 2026 May 29, 2025 Heritage Park Community Development District 1 2-4 5678 Assessment Schedule Narratives Table of Contents General Fund Debt Service Fund Series 2025 Amortization Schedule Series 2025 Capital Reserve Fund Description AFBdYuo2dp0gt2ee5td Ac4tu/a3l0s/ T2h5ru Pro5j Mecotendt hNsext Pro9je/c3t0ed/2 T5hru AFBpYpu 2rdo0gve2te6d REVENUES: ISCnpaterecrriyae lFs Ato isrnswceoasrmsdme Seunrtps l-u Osn Roll $ 3 41 690,,,026014004 $ 30 36,,223912 - $ 5 441,,,026083091 $ 3 51 710,,,265338111 $ 37 63,,050902 - TOTAL REVENUES $ 365,854 $ 309,523 $ 59,919 $ 369,442 $ 379,592 EXPENDITURES: Administrative IISFLPPETTAAAAOODDMWnnuroIeniftreutrsnafsCefshtipgsbulgsionennsoebucaAeetieissureaptnestralrsrrt, i mgmr Ta inhAgeaLsne vSCtealeenmeeoaui gdeiaimAguc rsny xc n &tpFve&Mereoiueeiaeenpe eonrn Rrs td DnaGeBrglensit ieiiFtosten eeetin A biTnelFnnsststiade dvee ieeC&Atnsmcenierehngghs raaSaiegylnnnur nLocibgtsielesatoscrbgraiylitipitotyinons $ 116 11111134678026,,,,,,,,,,,,,,00022355789000 1224470000035566900955555700000000007008000059 $ 3 11123345786,,,,,,,,,,,00012244692 1133347000257899920335567002346799940345569 -- $ 12 33725,,,,,05589 245557700007 58012237800814010055589 ------ $ 116 1111336778026,,,,,,,,,,,,,0234557889000 12334500004566990093555780000023449008003456 - $ 1116 11111134680056,,,,,,,,,,,,,,02333555890002 1234400000024580005555770000000358003600559 - TOTAL ADMINISTRATIVE $ 128,879 $ 77,085 $ 56,674 $ 133,759 $ 134,473 Operations & Maintenance ISFLLLLCCPPETOrtroliaaaaoorpererokknnennmecelidegpddeerdttem ia r asseTtCM MnBtiltccroorcigiiaaatagaoniennynppimhnngnnt keeAtIa i ctRmRsnn g CMerEyesegeneiorsnumeapaaonenigra nnMsteraciicitnrvnnyoaeestecginnnee aCtnneoccnnyeatnrcoel $ 1112234 1255580222499,,,,,,,,,,,,,000005001555700000800001340000000000267 - $ 1122 11271237,,,,,,,,23470036 9014815785015713355 ----- $ 112 255556899117,,,,,,,,,,,,000225577467000012258158000003555799 -- $ 1112234 255580222399,,,,,,,,,,,,000050013557 900000000134450000000000265 - $ 11112244 125800233469 ,,,,,,,,,,,,0005 00001157 000300000467 000100002457 -- TOTAL OPERATIONS & MAINTENANCE $ 196,975 $ 87,820 $ 107,863 $ 195,683 $ 205,119 TOTAL EXPENDITURES $ 325,854 $ 164,905 $ 164,537 $ 329,442 $ 339,592 Other Sources/(Uses) Capital Reserve Transfer $ (40,000) $ - $ (40,000) $ (40,000) $ (40,000) TOTAL OTHER SOURCES/(USES) $ (40,000) $ - $ (40,000) $ (40,000) $ (40,000) EXCESS REVENUES (EXPENDITURES) $ - $ 144,618 $ (144,618) $ - $ - Heritage Park Community Development District Approved Budget General Fund 1 Supervisors Fees Chapter 190 of the Florida Statutes allows for members of the Board of Supervisors to be compensated $200 per they attend. The budgeted amount for the fiscal year is based on all supervisors attending meetings. meetings in which Information Technology Management Fees TBahnekD.istrictwillpayannualtrusteefeesfortheSeries2025SpecialAssessmentRefundingBondsthataredepositedwithaTrusteeatUS ipTnrhcoelguDrdaiesmtbrmiucittngah rfaoesrc nforoantutrdlia mpcrtiteoedtdewcttioitohnvG,i adocevcoeorucnnomtniefnengrt esanolcfMtiwnagnarasege,e rAmvdieconebtse,S, eMcrlovicuircdoesss,otLfotL rOCafgffoiecres,c eeortsvct.iscerselaatneddtsoertvheerDs,isptroiscitt’sivienfpoarymaitmiopnlesmyesntetmatsio,wnhainchd FICA Taxes PBaoyarrodl olft SauxpeserovnisoBro’sa prdayoroflSl uexppeernvdisioturr’sesc.ompensation.Thebudgetedamount for thefiscal year iscalculatedat7.65%ofthetotal Engineering Expenditures - Administrative Heritage Park Community Development District Budget Narrative FY 2026 REVENUES The District will invest surplus funds with US Bank. eTxhpeenDdisittruircetsw duillrilnegv ythae NFiosnc-aAl YdeVara.loremassessmentonallsoldandplattedparcelswithintheDistrictinordertopayfortheoperating Interest Special Assessments-Tax Roll ITmnhecee. tfDoinrisg ttshr,iercsete'vs sieeewrnvgioicnfeeisen.rvowicilelsb,eanpdrovvaridioinugsgpernoejreacltsenasgsinigeneerdingassderirveiccteesdtobyththeeDBisotarricdt,oef.gS.u,aptetrevnidsaonrcse.TahnedDpirsetpriacrtahtiaosncfoonrtmraocntethdlPyrboosasredr Arbitrage Rebate LCTaihaleubilDaliittsiyotrnoicsnt bthheacedaSucesorein eittsr ia2sc0 ut1en3ddeSwrpi e$thc5iMaAlM.ATssEeCs,samneinntdeRpeefunnddenintgcBerotnifdiesd.pTuhbel2ic0a2c5coSpuenctiaanltA,tsoseasnsnmueanlltyscRaelcfuunladtiengthBeoDnidstwriciltl'nsoAtrnbeiterdaAgerbRietrbaagtee Dissemination Agent rrsTeeehrqpevuoiDircrteieisn odtgrniiscrtsteheqemiusSiienrrraeeitmqeisuoein2nr 0etbsd1e3cfboaSyurpsetuechn iietar latShAteercsdousuerbsgiotshynm ada epnnirsdtisvRuEaeextfsecu. hbnTaadnhningekeg RDBCeisoogtnmirodimnc.stTi.shhsaeiosnncnoteonwtcr2oa0cm2tep5dlySpwweictihtiahlGARosuvsleeersns1mm5cee2nn-tt1aR2le(Mbfu)ann(da5ig)negmwaehnnidcthRSeervreevlanitcueeses,BtLooLnaCddfdwoitirlilotnnhoaistl Attorney STmuhopenetDrhvilsiystromircset 'eastnindatg ttsho,erp nDreiesypt,raKircauttt MiaokannRaaongcedkr.rLevLiPe,wwoillfabgerepermoveindtisngangdenreersaolluletgioalnss,eravnidceosthtoerthreesDeaisrtcrhicat,ssei.ggn.,eadtteansddainrceectaenddbpyretphaeraBtoioanrdfoorf Annual Audit cTohnetDraiscttreidc twisitrhe Gqruairue &d bAyssFolociraitdeasS ftoart uthteiss steoravrircaen.geforanindependentauditofitsfinancialrecordsonanannualbasis.TheDistricthas Trustee Fees abTNsoohsnened-sDAhsismdot lVredinaecltrtos'srqfeofumirneas aantnsinocsuienasaslsl,amddpeverbneistptosarey,rmGvioecvneetarnanndmaoelypnsetirasal,tMilnoagnngea-xgtpeemernmesnetpsSaveyira-vodifcfisre,esca,tnLidLnCvt,orwuicielil-nupgprooarvnbidayleymsseiasri.vntiTcaheinsisiinnagclstluohdeiinanscgsl,uebsdusetmsneosnetrtlvirmiociletleadtnotdobainrllensuapnaoldlnydcloienlvlgeytcoat Assessment Administration SbTeuhrdevgiDecites pstrrfoiecprtathrhaaetsiDocinos,tn artlirlc aftic.ntTaendhcewiasilet rrhevpGicooervsteiinrnngc,ml uanednnet,uabalul Matunadnoiattgslei, memticet.ne dtSteor,vriecceosr,dLiLnCgtaondprtroavnidsecrMipatnioagneomfebnota,rAdcmcoeuentitningsg,aanddmRinecisotrrdaitnivgeSseecrrveticaersy, Website Maintenance sTDeihsceturrDiicitsty’ts raincwdte fhbirasesiwtceoalcnlr tmeraaactientedtdeninwaniatchcec,G ouropdvdaeanrtnceesm, dewnoitctahulmMCehanantpa utgeperlmo1ae8dn9st,, SheForlsovtriicindegsa a,SnLtdLa Ctduoftomersa.tihnTe rhceeonsseetwssaealrssvs, oiwcceeisabtseiindtcewl buiadtcheksmuiptoesn, iepttoecrr.fionrgmanadncmeaaisnsteasinsimngenthtse, 2 Heritage Park Community Development District Budget Narrative FY 2026 Description Monthly Annual 11111222222333456678Co0000111122233555556900001122223345577789n 0347tCPPEEAOHHHHHWWWWi nii. EEAWear ReeeeennRoooogd..kbrfffff eeeRRfffffeiooooeao beeeeel dAnAAddrddddeerrrrror rc Hdd eeeeooooorrA HPrPybdddd bbnnnnn HHioraToon oo bCCCCurDDDDDoourrerrkorrrrs a suurrrrr CDooooCCe rie.. Css ###li ssss#rii BsrCeetBrrssss PP #PF tC ##rBBiiii##rou.nnnnuo a TPaPPFrrFPmnnggggmunoaa uoou#od cnCCCCcnnpnmnupmuhFhtiiiiccddnrrrran op hhRpR cccti1#tun adlll RRad7eeeFnii n#dd 0n###ot..a0PuPPPiunnuuumtmmmapipppn $$$$$$$$$$$$$$$$$$$$111125555666666777780123700000000005555500005 $$$$$$$$$$$$$$$$$$$$$111133666677777788889,,,,,,023345002224444666888001246000000000000000000005 Total $23,175 Copies used in the preparation of agenda packages, required mailings, and other special projects. Insurance General Liability Printing and Binding Telephone Actual charges for conference calls. Postage and Delivery Actual postage and/or freight used for District mailings including agenda packages, vendor checks and other correspondence. Legal Advertising sAedrvveicretiss,i ennggoinfemeroinntgh sleyrbvoicaer, dmmaienetteinnagnsc,ep ucobnlitcrhacetasr ianngds ,aannyd oathneyrs aedrvveicretissitnhga tthaarte mreaqyu bier erdeqtuoirbeeda.dvertisedforpublicbidding,i.e.audit Other Current Charges Electric lPorcoajteicotnesd: c Loaskteosf #e l1e0c0tr-i1c8a0c0countstheDistrictmaintainswithFloridaPower&Lightforservicetothe18lakefountainsatthefollowing SuDetisirltvitriyicc eatschcsoausucnhctoasns, atlrtatanecdntesddc Bawpoeairtahdn mdGoelaevkteiernnmgmsa aiennntdtea rnleacMnecaievn.eaS gaeenrmdv iercneestspStoeonridvn itccoleu spd,reoLwpLeCerettkyol yopwsrionteveriid npeshpooenncseti ictoeanllsfsi,e amlndedem etimanngaasiglsew.mitehntcoonftrcaocnttorrasc,tmsofonritoDriisntgricotf Due, Licenses & Subscriptions The District is required to pay an annual fee to the Florida Department of Commerce for $175. cTohveeDraisgter tioct g’sovperronpmeretnytailn asguernacniecse. coverageisprovidedbyFloridaInsuranceAlliance(FIA)who specializesinprovidinginsurance Field Management Property Insurance Expenditures – Operation & Maintenance Expenditures - Administrative (continued) cTohveeDraisgter itcot 'gsoGveernnemraelnLtiaalb ailgietync&iePsu. Tbhliec aOmffiocuianlts iLsi babasileitdy uIpnosnu rsaimncielapro Cloicmymisuwniitthy aDqevuealloifpiemdeenntt iDtyistthriacttss.pecializesinprovidinginsurance This includes monthly bank charges and any other miscellaneous expenses that incur during the year. 3 Heritage Park Community Development District Budget Narrative FY 2026 Description Monthly Annual 1000 Woodland Rd - Streetlighting Contingency $3,952 $$427,,344204 Total $49,764 Description Monthly Annual LCoanndtisncgaepnec Cyontract $3,153 $$387,,186400 Total $46,000 Description Monthly Annual CAoqnutaitnicg ePnlacnyt Treatment $1,945 $$213,,136470 Total $24,507 Description Annual CGoranstsin Cgaernpc yStocking $$37,,000000 Total $10,000 Irrigation Repairs The District has the following account with Florida Power & Light for the streetlights throughout the community. Landscape Maintenance Landscape Contingency Tree Trimming feTenhrtetriylDiwziesarty,r psic,etasntwidciilsdliemisn,i lcaaunrrnpuelaaxlnpst,e imnndguiltacurhre aeanssdwt ioritrhmiginaaitntihotaeni nDreistphtareiircrsti.. gTThhthese -Dsoeifs-stwerriacvyti, chemasse icdnoicanlnutrdsaetcrtbiepudst ,waarintehdn Yoreetlclloirmweaisttetioodnntaeol Lmfaanocdnilstihtcialeypselai fnnocdrl ustchdaiisnp gesemprvaoiinncdete.bnaannkces,, Funding for additional landscaping improvements outside of the contract with the landscape vendor. Represents estimated costs for any repairs and maintenance to irrigation system. Contingency Represents any expense not allocated to other budgeted line items. Represents amount to transfer to Capital Reserve Fund. Expenditures – Operation & Maintenance (continued) Funding for the trimming of trees within the District’s common areas. The District has contracted with Future Horizons Inc. to maintain 18 lakes within the district. Funding for additional lake improvements outside of the contract with the lake vendor. Services render in the field from non-specified vendors as selected by the District. General reserves for ongoing operations. Lake Maintenance Lake Contingency Common Area Maintenance Operating Reserve Transfer out – capital reserve Streetlights 4 Description AFBdYuo2dp0gt2ee5td Ac4tu/a3l0s/ T2h5ru Pro5j Mecotendt hNsext Pro9je/c3t0ed/2 T5hru AFBpYpu 2rdo0gve2te6d REVENUES: ICnatrerrye Fsto Irnwcaormde Balance $ 1 3 27,,240209 $ 1 3 17,,742600 $ 1,000 - $ 1 3 27,,742600 $ 1 6 21,,230802 TOTAL REVENUES $ 139,629 $ 139,179 $ 1,000 $ 140,179 $ 163,582 EXPENDITURES: Capital Outlay CBaapnikta Fle Oeustlay $ 500 - $ 1 8 ,0 51163 $ 268 - $ 1 8 ,0 71861 $ 2 0 ,0 50000 TOTAL EXPENDITURES $ 500 $ 18,529 $ 268 $ 18,797 $ 20,500 Other Sources/(Uses) Capital Reserve Transfer In $ 40,000 $ - $ 40,000 $ 40,000 $ 40,000 TOTAL OTHER SOURCES/(USES) $ 40,000 $ - $ 40,000 $ 40,000 $ 40,000 EXCESS REVENUES (EXPENDITURES) $ 179,129 $ 120,651 $ 40,732 $ 161,382 $ 183,082 Heritage Park Community Development District Proposed Budget Capital Reserve Fund 5 Description PFBroYup2do0gs2eet5d Ac4tu/a3l0s/ T2h5ru Pro5j Mecotendt hNsext Pro9je/c3t0ed/2 T5hru AFBpYpu 2rdo0gve2te6d REVENUES: ISCnpaterecrriyae lFs Ato Esrswaerasnrsidnm gSesunrtps-luOsn ( R1)oll $ 18,780 -- $ 1 13,,856015 - $ 1 18,,470800 - $ 3 32,,226815 - $ 131748,,343449 - TOTAL REVENUES $ 18,780 $ 15,366 $ 20,180 $ 35,546 $ 492,783 EXPENDITURES: IIPnnrttineerrceeipssatt l-- - 01 0155///000111 $ 1 48 55 ,, 90 30 90 - $ --- $ 1 48 55 ,, 90 30 90 - $ 1 48 55 ,, 90 30 90 - $ 2 663995,,,880770110 TOTAL EXPENDITURES $ 230,939 $ - $ 230,939 $ 230,939 $ 374,742 Other Sources/(Uses) IBnotnedrf Purnodc tereadnssfer In/(Out) $ 2 1539,,838266 $ 2 1939,,898566 $ -- $ 2 1939,,898566 $ -- TOTAL OTHER SOURCES/(USES) $ 273,212 $ 313,842 $ - $ 313,842 $ - EXCESS REVENUES (EXPENDITURES) $ 61,054 $ 329,208 $ (210,758) $ 118,449 $ 118,041 (1) Carry Forward is Net of Reserve Requirement $$ 6644,,884422..0000 Heritage Park Community Development District Approved Budget Debt Service Series 2025 Special Assessment Refunding and Revenue Bonds Interest Due 11/1/26 6 Period OuBtsatlaanndceing Coupons Principal Interest AnSneuravl iDceebt 00000000000111111111111111111111155555555555//////////////////////00000000000000000000001111111111111111111111//////////////////////22222222233333333333330011223344555666778899 111111112222223333,,,,,,,,,,,,,,,,,,000022223355667799 337722335555667777778811660000000000000055555555,,,,,,,,,,,,,,,,,,,,,,000000000000000000000000000000000000000000000000000000000000000000 4444444444444444444444......................222222222222222222222288888888888888888888880000000000000000000000%%%%%%%%%%%%%%%%%%%%%% 222222333330233556678900000055555,,,,,,,,,,,000000000000000000000000000000000 - 11222233444455556666 7722223344555588999999,,,,,,,,,,,,,,,,,,,,,,881111333344448888889911001122444455557777991100001111222255888888 333333333333067777777777000122233349,,,,,,,,,,,,001133477788000111236778011233348889............000000000006000000000006 Total $ 3,450,000 $ 944,311 $ 4,394,311 Heritage Park Community Development District AMORTIZATION SCHEDULE Debt Service Series 2025 Special Assessment Refunding and Revenue Bonds 7 Heritage Park Community Development District Non-Ad Valorem Assessments Comparison 2025-2026 Property Type Units/ Lots EAU Factor Total EAU Series 2025 Bond Refunding Units Series 2025 Bond Revenue Units Annual Maintenance Assessments Annual Debt Assessments Total Assessed Per Unit FY 2026 FY2025 Increase/ (decrease) FY 2026 FY2025 Increase/ (decrease) FY 2026 FY2025 Increase/ (decrease) Multi Family 148 0.50 74.00 146 148 271 225 46.50 281 286 (6) 552.15 511.38 40.77 Single Family 53' 205 1.00 205.00 202 205 543 451 91.99 561 573 (11) 1,104.30 1,023.76 80.54 Single Family 63' 222 1.19 263.89 222 222 645 541 104.44 667 687 (20) 1,312.66 1,228.31 84.35 Single Family 75' 86 1.42 121.70 79 86 768 631 137.38 794 802 (8) 1,562.69 1,432.86 129.83 Single Family 85' 42 1.60 67.36 36 42 871 721 149.83 900 916 (16) 1,771.05 1,637.41 133.64 Total 703 731.94 685 703 Note: Amounts are the gross amount that will appear on the Property Tax bill. Debt Assessments are for the lots that have not paid down the Bond debt. 8