Windsor Cay Community Development District Adopted Budget FY2024 1-2 3-5 Table of Contents General Fund General Fund Narrative Adopted Actuals Projected Description FBYu2d0g2e3t 5/T3h1r/u23 4 MNoenxtths 9Pr/To3jh0erc/ut2e3d AFBYduo2dp0gt2ee4td Revenues ADsesveeslsompeenr tCs ontributions $$ 9 2 , 2 -48 $$ 4 2 , 6 -30 $$ 3 0 , 0 -57 $$ 7 2 , 6 -87 $$ 2 5118,,464619 Total Revenues $ 92,248 $ 42,630 $ 30,057 $ 72,687 $ 270,110 Expenditures General & Administrative Supervisor Fees 8,000 $ - $ - $ - $ - $ FICA Expenses 600 $ - $ - $ - $ - $ Engineering 10,000 $ - $ 2,000 $ 2,000 $ 10,000 $ Attorney 16,667 $ 13,102 $ 13,000 $ 26,102 $ 25,000 $ Annual Audit - $ - $ - $ - $ 4,000 $ Assessment Administration - $ - $ - $ - $ 5,000 $ Arbitrage - $ - $ - $ - $ 450 $ Dissemination - $ - $ - $ - $ 5,000 $ Trustee Fees - $ - $ - $ - $ 4,020 $ Management Fees 26,667 $ 14,086 $ 13,333 $ 27,419 $ 40,000 $ Information Technology 1,200 $ 634 $ 600 $ 1,234 $ 1,800 $ Website Maintenance 2,550 $ 2,173 $ 400 $ 2,573 $ 1,200 $ Telephone 200 $ - $ 20 $ 20 $ 300 $ Postage & Delivery 667 $ 15 $ 30 $ 45 $ 1,000 $ Insurance 5,000 $ 3,411 $ - $ 3,411 $ 5,750 $ Printing & Binding 667 $ 16 $ 50 $ 66 $ 1,000 $ Legal Advertising 15,000 $ 3,999 $ 5,000 $ 8,999 $ 5,000 $ Other Current Charges 4,000 $ - $ 500 $ 500 $ 1,750 $ Office Supplies 417 $ 1 $ 20 $ 21 $ 625 $ Travel Per Diem 440 $ - $ 147 $ 147 $ 660 $ Dues, Licenses & Subscriptions 175 $ 150 $ - $ 150 $ 175 $ Total Administrative 92,248 $ 37,587 $ 35,100 $ 72,687 $ 112,730 $ Windsor Cay Community Development District Adopted Budget General Fund 1 Adopted Actuals Projected Description FBYu2d0g2e3t 5/T3h1r/u23 4 MNoenxtths 9Pr/To3jh0erc/ut2e3d AFBYduo2dp0gt2ee4td Windsor Cay Community Development District Adopted Budget General Fund Operations & Maintenance Expenditures Field Management - $ - $ - $ - $ 15,000 $ Landscape Maintenance - $ - $ - $ - $ 104,880 $ Landscape Replacement - $ - $ - $ - $ 2,500 $ Electric - $ - $ - $ - $ 5,000 $ Water & Sewer - $ - $ - $ - $ 20,000 $ Irrigation Repairs - $ - $ - $ - $ 2,500 $ General Repairs & Maintenance - $ - $ - $ - $ 5,000 $ Contingency - $ - $ - $ - $ 2,500 $ Total Operations & Maintenance - $ - $ - $ - $ 157,380 $ Total Expenditures 92,248 $ 37,587 $ 35,100 $ 72,687 $ 270,110 $ Excess Revenues/(Expenditures) - $ 5,043 $ (5,043) $ - $ - $ Net Assessments 218,469 $ Add: Discount & Collections 6% 13,945 $ Gross Assessments 232,414 $ Product Type ERU Assessable Units Total ERU Net Assessment Net Per Unit Gross Per Unit Townhouse - 25' 0.5 108 54.00 46,461 $ 430.19 $ 457.65 $ Single Family - 40' 0.8 133 106.40 78,545 $ 590.57 $ 628.26 $ Single Family - 50' 1 134 134.00 93,463 $ 697.48 $ 742.00 $ 375 294.40 218,469 $ 2 Windsor Cay Community Development District General Fund Budget Revenues: Assessments The District will levy a non-ad valorem assessment on all the assessable property pay for operating expenditures during the fiscal year. within the District to Developer Contributions eTxhpee nDdisitturircets fwoirl lt heen Fteisrc ainl Ytoe aar . funding agreement with the Developer to fund the General Fund Expenditures: General & Administrative: Engineering ptThrheoe j DeDcisitststr raicisct td, 'esir .gee.cn, tgaeitdnte ebneydr ,ta hDneco eDn aiaslntdrd iW cptr . MeMpacanIranagttoeiosrh.n fAosrs omcoianttehsl,y I nbco.a, rpdr omveideetisn ggesn, reervaile ewn gininveoeicriensg a snedr vviacreiso utos Attorney daTtihtreee ncDtdeaidsnt bcrieyc tta'hsne d lB epgoraaelr pdca ooruaf tnSiusoepnle , froKvriu stmoarkese atRinnodgc ksth,, epL rDLePips,a trrpiarctoti voMinda enasna gdge errne. evrieawl loegf aalg rseeermviceenst st, or etshoelu Dtioisntrsi, cet,t ce. .ags., ATonnh nea unDa ials nAtrnuiucdati tli sb aresiqsu. ired by Florida Statutes to arrange for an independent audit of its financial records aTAsshsseee ssDssmiasbterlneitc ptA rdwompileiln rcitosytn rwtaritatihocitnn t oth lee Dvyis tarnicdt .a dminister the collection of non-ad valorem assessment on all Arbitrage TDhiset rDicits’tsr Aicrtb witrilalg ceo Rnetrbaactte wLiiatbhi laitny ionnd aenp eanndtiecnipt acteerdt ibfioendd p isusbuliacn caec.c ountant to annually calculate the aDTwnhihstesiic ceDhimpi rsianettraleaidtctit eob sinos t norde a qidsusdiuriteaidno ncbeay.l trheep oSretcinugri trye qaunidre Emxechnatsn gfoer Cuonmramteisds bioonn dto i scsoumeps.l yT hwisit hco Rstu ilse b1a5sce2d- 1u2p(obn)( a5n) TTrhues Dteies tFreicets will incur trustee related costs with the issuance of its’ issued bonds. 3 Windsor Cay Community Development District General Fund Budget Management Fees The District receives Management, Accounting and Administrative services as part pnArogetr peaelirmmaetitinoetdn w , atitlolh , f iGnroeavcnoecrridnalim nrgee nptoaarnlt dsM , aatrnnananguseacmlr aiepuntditoi Stnse ,r eovtifcc .e bso-Caredn trmale Feltoinrgidsa, , aLdLmC.i Tnhiset rsaetrivveic eossfe iarnv cMilcuaednse,a gbbeuumtd aegrneett p fIaRonnrerfodpo mv rrsimeedesreeaevtstniei ntotrhsgns es,v Ts,pa eAeor cdissohyiotunsbiosvtee lec,om oMpgssayit. cy or iofm sinopfflote rmOmfefaincttieao, tneio ttcne.c Gahnondvo eplorrngomyg rfeoanrmt atmhl eMin Dagin sfaotrgrie cfmrt aseuundct h pS raeosr tvveiiccdeteisoo –n c ,C oaencnfcetorruaenln tFcilinongrg is,d ocalfo,t wLuLdaC rs et,o traabglee ts Website Maintenance G f Rwiroeietpvhwer erCanshlelma nmpettasne ittnrah t1lee M8 nc9aoa,nsn Ftcaslego a,er usimdspoaedc naSittat eaStseteu,dr dtv weoiscci.etu Thsm h–mee Cnsoeent n iustteporrlarvoilni aFcgdel ossa,r n ihinddoca sml,ut LiadnLiegnC tsa apintirendo i pvndeigodr metfohsare tim nhD earissneetncr eseic ewatr’savssl iewsc,se ewssbm.e sbeitnseit tsce,r sebeaactceukdrui itpnys ,aa ecntcdco . rdance Telephone Telephone and fax machine. Postage & Delivery Mreaqiuliinrged o cfo brroeasrpdo nmdeeenticneg. agenda packages, overnight deliveries, checks for vendors and any other Insurance The District’s general liability and public official’s liability insurance coverages. Printing & Binding e Ptrcin. ting agenda packages for board meetings, printing of computerized checks, stationary, envelopes, Legal Advertising Ta hnee wDissptaripcet ri so rf egqeunierreadl tcoir acduvlaetriotinse. various notices for monthly Board meetings, public hearings, etc. in BOathnekr cChuarrrgeenst aCnhda ragneys o ther miscellaneous expenses incurred during the year. Office Supplies lA anbye lssu, pppaplieers cthliapts m, eatcy. need to be purchased during the fiscal year, e.g., paper, minute books, file folders, 4 Windsor Cay Community Development District General Fund Budget Travel Per Diem The Board of Supervisors can be reimbursed for travel expenditures related to the conducting business. of District Dues, Licenses & Subscriptions $T1h7e5 D. iTsthriisc ti si sth ree qounilrye edx ptoe npsaey u annd earn tnhuias lc faetee gtoor yth feo rF tlohrei dDais Dtreicpta. rtment of Economic Opportunity for F ield Expenditures: Field Management RDm emeiospantrriielitscos.t er sinnutgsc hot hfa esu tleaislnittdiyms acaactcpeodeu acnnotdss,t lsaa tkoteef nmcdoa nBitnortaaecrntdain nmgc eese.e tSrienvrigvcsei csae nstdh c aarten cp ierniocvvleui ddaeen doo nnrsseiisttpeeo ifnniedslp dte ocm tpiaornonapsg,e emrmtyee eontwitn nogesf rcw opinthhtor ncaoecn tcsta rflaolcsr t aotnrhsde, oR Lafe nlpadrnesdcsasecpnaetps M et hamein aettseetnrimiaanla chteea ds mbeaeinnt ceonmanpcleet oefd t.h e landscaping within the common areas of the District after the installation RLaenpdrescsaepnets R tehpel aecsetimmeantte d cost of replacing landscaping within the common areas of the District. Electric Represents estimated electric charges of common areas throughout the District. Water & Sewer Represents estimated costs for water and refuse services provided for common areas throughout the District. Irrigation Repairs wR eepllrse. sents the cost of maintaining and repairing the irrigation system. This includes the sprinklers, and irrigation G Reenperreasle Rntesp aesirtsim &a Mteadi nctoesntas nfocer 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 5