Elevation Pointe Community Development District Proposed Budget FY2027 1-2 3-7 8 9-10 Amortization Schedule Table of Contents General Fund General Fund Narrative Debt Service Adopted Actuals Projected Description BFuY2d0ge2t6 3/T3h1r/u26 6 MNoenxtths 9/TT3oh0tra/ul2 6 PFBrYou2pd0og2see7td BADRsoeesuvveeenslndsomuapereeysrn ACtsmo -ne Dtnridirbemucettinotn Csontribution $$$ 2 95 30 ,,41 -5297 $$$ 5 9 ,4 --34 $$$ 2 9 3 ,4 --59 $$$ 2 95 39 ,,44 -5394 $$$ 12 19 03 ,, 34 -5569 Total Revenues $ 343,586 $ 59,434 $ 293,459 $ 352,893 $ 403,815 Expenditures General & Administrative Supervisor Fees 12,000 $ - $ - $ - $ 12,000 $ FICA Expense 918 $ - $ - $ - $ 918 $ Engineering Fees 12,000 $ - $ 6,000 $ 6,000 $ 12,000 $ Attorney Fees 25,000 $ 2,362 $ 2,500 $ 4,862 $ 25,000 $ Annual Audit 5,300 $ - $ - $ - $ 5,300 $ Assessment Administration 5,150 $ 5,150 $ - $ 5,150 $ 5,408 $ Arbitrage 450 $ - $ 450 $ 450 $ 450 $ Dissemination Fees 5,408 $ 2,704 $ 5,412 $ 8,116 $ 5,678 $ Trustee Fees 5,000 $ 2,357 $ - $ 2,357 $ 5,000 $ Management Fees 43,775 $ 21,888 $ 21,888 $ 43,776 $ 45,964 $ Information Technology 1,434 $ 717 $ 720 $ 1,437 $ 1,506 $ Website Maintenance 1,004 $ 502 $ 504 $ 1,006 $ 1,054 $ Telephone 100 $ - $ 50 $ 50 $ 100 $ Postage & Delivery 1,000 $ 4 $ 65 $ 69 $ 1,000 $ Printing & Binding 1,000 $ 8 $ 48 $ 56 $ 1,000 $ Insurance 6,490 $ 6,163 $ - $ 6,163 $ 7,000 $ Legal Advertising 8,000 $ - $ 2,500 $ 2,500 $ 8,000 $ Other Current Charges 1,000 $ 313 $ 318 $ 631 $ 1,000 $ Office Supplies 625 $ - $ 50 $ 50 $ 625 $ Boundary Amendment - $ - $ - $ - $ - $ Dues, Licenses & Subscriptions 175 $ 175 $ - $ 175 $ 175 $ Total Administrative 135,829 $ 42,343 $ 40,505 $ 82,848 $ 139,178 $ Operations & Maintenance Field Expenses Property Insurance 5,000 $ - $ - $ - $ 5,000 $ Field Management 15,750 $ - $ - $ - $ 15,750 $ Landscape Maintenance 75,000 $ - $ - $ - $ 75,000 $ Landscape Replacement 2,500 $ - $ - $ - $ 2,500 $ Lake Maintenance 12,000 $ - $ - $ - $ 12,000 $ Wetland Mitigation/Maintenance 6,000 $ - $ - $ - $ 6,000 $ Streetlights 9,000 $ - $ - $ - $ 9,000 $ Electric 2,500 $ - $ - $ - $ 2,500 $ Water & Sewer 2,400 $ - $ - $ - $ 2,400 $ Sidewalk & Asphalt Maintenance 500 $ - $ - $ - $ 500 $ Irrigation Repairs 2,500 $ - $ - $ - $ 2,500 $ General Repairs & Maintenance 5,000 $ - $ - $ - $ 5,000 $ Contingency 5,487 $ - $ - $ - $ 5,487 $ Subtotal Field Expenses 143,637 $ - $ - $ - $ 143,637 $ Elevation Pointe CDD Community Development District Proposed Budget General Fund Adopted Actuals Projected Description BFuY2d0ge2t6 3/T3h1r/u26 6 MNoenxtths 9/TT3oh0tra/ul2 6 PFBrYou2pd0og2see7td Elevation Pointe CDD Community Development District Proposed Budget General Fund Amenity Expenditures Staffing - $ - $ - $ - $ 20,000 $ Property Insurance - $ - $ - $ - $ 20,000 $ Amenity - Electric 7,500 $ - $ - $ - $ 10,000 $ Amenity - Water 1,500 $ - $ - $ - $ 10,000 $ Internet 900 $ - $ - $ - $ 1,000 $ Pest Control 720 $ - $ - $ - $ 1,500 $ Janitorial Services 5,000 $ - $ - $ - $ 7,500 $ Security Services 5,000 $ - $ - $ - $ 5,000 $ Pool Mainteance 10,000 $ - $ - $ - $ 10,000 $ Amenity Repairs & Maintenance 1,000 $ - $ - $ - $ 3,500 $ Contingency 7,500 $ - $ - $ - $ 7,500 $ Subtotal Amenity Expenditures 39,120 $ - $ - $ - $ 96,000 $ Total Operations & Maintenance 182,757 $ - $ - $ - $ 239,637 $ Other Expenditures Capital Reserves - Amenity 10,000 $ - $ - $ - $ 10,000 $ Capital Reserves - Roadways 15,000 $ - $ - $ - $ 15,000 $ Total Other Expenditures 25,000 $ - $ - $ - $ 25,000 $ Total Expenditures 343,586 $ 42,343 $ 40,505 $ 82,848 $ 403,815 $ Excess Revenues/(Expenditures) - $ 17,091 $ 252,954 $ 270,045 $ - $ Net Assessments 293,459 $ Add: Discounts & Collections 6% 18,731 $ Gross Assessments 312,190 $ Product Assessable Units ERU Total ERU's Net Assessment Net Per Unit (6%) Gross Per Unit Townhome 420 1.00 420.00 $ 293,459 $ 698.71 $ 743.31 Total 420 420.00 293,459 $ Elevation Pointe Community Development District General Fund Budget Revenues: aATnshsdee sDmsimasitenrnitcettsn wanilcl ele evxyp ae nndoint-uarde sv adluorrienmg tahses efsisscmale ynet aorn. all assessable property within the District to fund all general operating YTDeheavere D.l oipsterri cCto wntirlli beunttioern si nto a funding agreement with the Developer to fund the General Fund expenditures for the Fiscal Expenditures: General & Administrative: Supervisor Fees tCoh eaapctehr S 1u9p0e,r Fvliosroird fao Srt tahteu tteims, ea ldloewvost feodr teoa cDhis Btroiacrt db umseinmebses ra tnod r meceeeivtien $g2s.0 per meeting, not to exceed $4,800 per year paid FICA Expense Represents the Employer’s share of Social Security and Medicare taxes withheld from the Board of Supervisor checks. Engineering Fees bTohaer Dd imsteriectti'nsg esn, rgeinveieewr pinrvooviicdeess agnedn evraarli oeunsg pinreoejercintsg asse drviriceecste tdo btyh eth Dei Bstoraicrtd, eo.fg S. uaptteernvdisaonrcse a anndd t hpere Dpiasrtraitciot nM afonra gmeorn. thly Attorney Fees pTrheep Dariasttrioicnt 'asn lde graelv cieowun osfe al gprreoevmideenst sg, erenseorlaul tlieognasl, estecr.v aisc edsi rteoc ttehde bDyi sthtrei cBt,o aer.gd. oaft tSeunpdearnvcieso arns da npdr ethpea rDaitsiotrnic fto Mr amneaegteirn. gs, ATnhne uDails Atruicdti ti s required by Florida Statutes to arrange for an independent audit of its financial records on an annual basis. ATwshisteeh siDsnmi sttherneict D tA iwdstmirlilic ncti.os tnrtartaicotn to levy and administer the collection of non-ad valorem assessment on all assessable property Arbitrage LTihaeb Diliitsytr oicnt awni lal ncotincitpraactet dw bitohn adn i isnsdueapnecne.d ent certified public accountant to annually calculate the District’s Arbitrage Rebate Elevation Pointe Community Development District General Fund Budget aTDdhisdesi etDmioisinntaralit critoe npis oF rreteeiqns ugi rreeqdu birye mtheen Stse cfourr iutyn raantedd E bxocnhda nisgseu eCso.m Thmisis csoiosnt itso b acosemdp ulyp owni tShe rRieusl e2 01252c 2b-o1n2d(b is)(s5u)a nwche.i ch relates to Trustee Fees The District will incur trustee related costs with the issuance of its’ issued bonds. Management Fees tTGrhoaven esDrcnrisimptrteiincottn a rlo efMc beaoivnaearsdg e Mmmaeenentatign eSgmesr, evanidctm,e sAi-nCcicseotnrutarntativli neFg sl oearrnivddica eA, sdL, mLbCuin.d igTsethrte ap trsiveeepr vasirceaertsvio icinne, csal lual dsfi enp abanructt i aoalf r reea p nMoorattn sl,a iamgneinmteuedan l tta ouA, dgriretesce,o emrtdcei.n ntg waintdh Information Technology saRece rcpvoriuecnesetsi,nn tcgsl oscouofdst twss atroreerla,a tgtaeebd ls eteotrs vt fhiocere sDm iaesnterdtiic ntsg’essr ,i vnAefdroosr,bm epa,o tMsioiitncivr soeys soptfaetym O sifmf, iwcpehl,e iemcthce .i nntcaltuiodne bauntd a rper ongorta lmimmitiendg tfoo rv ifdreaou dc opnrfeorteecntciionng, Website Maintenance 1dR8oec9pu,r meFsleeonnrtitd sua tp hlSoeta acdtousst,t ehss oa. ssTtsihonecgsi aaetn esdde r dwvoiimctehas mi nino rcnelinuteodwrei naslgist ,ea w npdee bmrsfoiatrienm btaaaincnkcieun pga sst,hs eeets cDs. misetrnictst’, ss weceubrsiittye acnreda tfierde wina allc cmoaridnatnecnea nwcieth, uCphdaaptteesr, Telephone Telephone and fax machine. Postage & Delivery The District incurs charges for mailing of Board meeting agenda packages, overnight deliveries, correspondence, etc. Insurance The District’s general liability and public official’s liability insurance coverages. Printing & Binding Printing and Binding agenda packages for board meetings, printing of computerized checks, stationary, envelopes, etc. Legal Advertising gTehnee Draisl tcriircctu ilsa trieoqnu. ired to advertise various notices for monthly Board meetings, public hearings, etc. in a newspaper of BOathnekr cChuarrrgeenst aCnhda ragneys o ther miscellaneous expenses incurred during the year. Elevation Pointe Community Development District General Fund Budget Office Supplies Any supplies that may need to be purchased during the fiscal year, e.g., paper, minute books, file folders, labels, etc. paper clips, Dues, Licenses & Subscriptions The District is required to pay an annual fee to the Florida Department of Economic Opportunity for $175. Operations & Maintenance: Field Expenses Property Insurance iTnhseu rDainstcrei ccto’sv eprraogpee rtoty g ionvseurrnamnceen ctaolv aegraegnec iiess p. rovided by the Florida Insurance Alliance (FIA). FIA specializes in providing Field Management suRuteicplhirt yea ssae clnactnosdu tsnhcteas ,p eaest ttaiemnndad tl aeBkdoe ac rmodsa tmisn eoteeft ncinaongnsct eraa.n Scdtei rnrvegic cseeeisvr evc aiacnne dsin trcheluastpd oep nroodnv stioidt eep riononspspeietrecty tfi iooenwldsn, memrae pnehatiognnegmes cewanlitlts ho afcn ocdno tnermtarcaatcioltsrs.s f, omr otnhiet oDriisntgr ioctf lLRaaennpddrsesccsaaeppneet s mM tahateien retiesantli amhnaacste eb de emna cionmtepnlaenteced .o f the landscaping within the common areas of the District after the installation of LRaenpdrescsaepnets R tehpel aecsetimmeantte d cost of replacing landscaping within the common areas of the District. LRaekper eMseaninttse tnhaen ecset imated maintenance of the lake within the common areas of the District. RWeeptrlaensedn Mtsi ttihgea teiostni/mMaateindt menaainnctee nance of the wetland mitigation of the District. Streetlights fRisecparle yseeanrt.s the cost to maintain street lights within the District Boundaries that are expected to be in place throughout the Electric Represents current and estimated electric charges of common areas throughout the District. Water & Sewer Elevation Pointe Community Development District General Fund Budget Represents current and estimated costs for water and refuse services provided for common areas throughout the District. Sidewalk & Asphalt Maintenance Represents the estimated costs of maintaining the sidewalks and asphalt throughout the District’s Boundary. Irrigation Repairs Represents the cost of maintaining and repairing the irrigation system. This includes the sprinklers, and irrigation wells. General Repairs & Maintenance Represents estimated costs for general repairs and maintenance of the District’s common areas. Contingency cRaetpergeosreyn. ts funds allocated to expenses that the District could incur throughout the fiscal year that do not fit into any field Amenity Expenditures Amenity - Electric Represents estimated electric charges for the District’s amenity facilities. Amenity – Water Represents estimated water charges for the District’s amenity facilities. Internet Internet service will be added for use at the Amenity Center. Pest Control The District will incur costs for pest control treatments to its amenity facilities. Janitorial Services Represents costs to provide janitorial services and supplies for the District’s amenity facilities. Security Services Represents the cost of contracting a monthly security service for the District’s amenity facilities. Pool Maintenance Represents the costs of regular cleaning and treatments of the District’s pool. Amenity Repairs & Maintenance Represents estimated costs for repairs and maintenance of the District’s amenity facilities. Elevation Pointe Community Development District General Fund Budget Contingency Represents funds allocated to expenses that the District could incur throughout the fiscal year that amenity category. do not fit into any Other Expenditures FCuapnidtsa lt rRaenssefrevre osu t to Capital Projects fund for repairs and replacement of District-owned capital assets. Adopted Actuals Projected Description BFuY2d0ge2t6 3/T3h1r/u26 6 MNeoxntths P9r/To3jhe0rc/ut2e6d PFBrYou2pd0og2see7td ISSCRnppaeteervercceryiineaa Fsull toAAe Irsssnwssceeaossrmssdmme Seeunnrttpss lAAu--s12 * $$$$ 223 15713495,,,,789022700060 $$$$ 3 01 61 ,, 58 --5596 $$$$ 22 57 495 ,,, 899 -222008 $$$$ 223 05714697,,,,589722580094 $$$$ 223 25714495,,,,899022300030 Total Revenues $ 863,516 $ 318,415 $ 540,668 $ 859,083 $ 874,673 Expenses Series 2022A-1 IIPnnrttineerrceeipssatt l-- -15 5/1/11 $$$ 899445,,,066066055 $$$ 9 4 , 6 --65 $$$ 89 45 ,, 06 -0605 $$$ 899445,,,066066055 $$$ 999033,,,000000088 Series 2022A-2 IInntteerreesstt -- 15/11/1 $$ 112299,,991100 $$ 1 2 9 , 9 -10 $$ 1 2 9 , 9 -10 $$ 112299,,991100 $$ 112299,,991100 Total Expenditures $ 534,150 $ 224,575 $ 309,575 $ 534,150 $ 535,835 Excess Revenues/(Expenditures) $ 329,366 $ 93,840 $ 231,093 $ 324,933 $ 338,838 *Carry forward less amount in Reserve funds. Series 2022 A-1 Interest - 11/1 $91,253 Series 2022 A-2 Interest - 11/1 $129,910 Total $221,163 Series 2022-A1 Product Assessable Units Maximum Annual Debt Service Net Assessment Per Unit Gross Assessment Per Unit CToowmnmheormcieal 145235000 $$$ 22 77 44 ,, 99 -2200 $$ 6 5 4 -.57 $$ 6 9 6 -.35 Series 2022-A2 Product Assessable Units Maximum Annual Debt Service Net Assessment Per Unit Gross Assessment Per Unit CToowmnmheormcieal 145235000 $$$ 22 55 99 ,, 88 -2200 $$ 6 1 8 -.62 $$ 6 5 8 -.11 Elevation Pointe Community Development District Proposed Budget Debt Service Fund Series 2022 Elevation Pointe Community Development District Series 2022 A-1 Special Assessment Bonds Amortization Schedule DATE BALANCE PRINCIPAL INTEREST TOTAL 11/01/22 4,490,000.00 $ - $ 102,004.38 $ 102,004.38 $ 05/01/23 4,490,000.00 $ 75,000.00 $ 99,247.50 $ - $ 11/01/23 4,415,000.00 $ - $ 97,785.00 $ 272,032.50 $ 05/01/24 4,415,000.00 $ 80,000.00 $ 97,785.00 $ - $ 11/01/24 4,335,000.00 $ - $ 96,225.00 $ 274,010.00 $ 05/01/25 4,335,000.00 $ 80,000.00 $ 96,225.00 $ - $ 11/01/25 4,080,000.00 $ - $ 94,665.00 $ 270,890.00 $ 05/01/26 4,080,000.00 $ 85,000.00 $ 94,665.00 $ - $ 11/01/26 4,080,000.00 $ - $ 93,007.50 $ 272,672.50 $ 05/01/27 4,080,000.00 $ 90,000.00 $ 93,007.50 $ - $ 11/01/27 4,080,000.00 $ - $ 91,252.50 $ 274,260.00 $ 05/01/28 4,080,000.00 $ 90,000.00 $ 91,252.50 $ - $ 11/01/28 3,990,000.00 $ - $ 89,396.25 $ 270,648.75 $ 05/01/29 3,990,000.00 $ 95,000.00 $ 89,396.25 $ - $ 11/01/29 3,895,000.00 $ - $ 87,436.88 $ 271,833.13 $ 05/01/30 3,895,000.00 $ 100,000.00 $ 87,436.88 $ - $ 11/01/30 3,580,000.00 $ - $ 85,374.38 $ 272,811.25 $ 05/01/31 3,580,000.00 $ 105,000.00 $ 85,374.38 $ - $ 11/01/31 3,580,000.00 $ - $ 83,208.75 $ 273,583.13 $ 05/01/32 3,580,000.00 $ 110,000.00 $ 83,208.75 $ - $ 11/01/32 3,580,000.00 $ - $ 80,940.00 $ 274,148.75 $ 05/01/33 3,580,000.00 $ 115,000.00 $ 80,940.00 $ - $ 11/01/33 3,465,000.00 $ - $ 78,410.00 $ 274,350.00 $ 05/01/34 3,465,000.00 $ 120,000.00 $ 78,410.00 $ - $ 11/01/34 3,345,000.00 $ - $ 75,770.00 $ 274,180.00 $ 05/01/35 3,345,000.00 $ 125,000.00 $ 75,770.00 $ - $ 11/01/35 3,220,000.00 $ - $ 73,020.00 $ 273,790.00 $ 05/01/36 3,220,000.00 $ 130,000.00 $ 73,020.00 $ - $ 11/01/36 3,090,000.00 $ - $ 70,160.00 $ 273,180.00 $ 05/01/37 3,090,000.00 $ 135,000.00 $ 70,160.00 $ - $ 11/01/37 2,955,000.00 $ - $ 67,190.00 $ 272,350.00 $ 05/01/38 2,955,000.00 $ 140,000.00 $ 67,190.00 $ - $ 11/01/38 2,815,000.00 $ - $ 64,110.00 $ 271,300.00 $ 05/01/39 2,815,000.00 $ 150,000.00 $ 64,110.00 $ - $ 11/01/39 2,665,000.00 $ - $ 60,810.00 $ 274,920.00 $ 05/01/40 2,665,000.00 $ 155,000.00 $ 60,810.00 $ - $ 11/01/40 2,180,000.00 $ - $ 57,400.00 $ 273,210.00 $ 05/01/41 2,180,000.00 $ 160,000.00 $ 57,400.00 $ - $ 11/01/41 2,180,000.00 $ - $ 53,880.00 $ 271,280.00 $ 05/01/42 2,180,000.00 $ 170,000.00 $ 53,880.00 $ - $ 11/01/42 2,180,000.00 $ - $ 50,140.00 $ 274,020.00 $ 05/01/43 2,180,000.00 $ 175,000.00 $ 50,140.00 $ - $ 11/01/43 2,005,000.00 $ - $ 46,115.00 $ 271,255.00 $ 05/01/44 2,005,000.00 $ 185,000.00 $ 46,115.00 $ - $ 11/01/44 1,820,000.00 $ - $ 41,860.00 $ 272,975.00 $ 05/01/45 1,820,000.00 $ 195,000.00 $ 41,860.00 $ - $ 11/01/45 1,625,000.00 $ - $ 37,375.00 $ 274,235.00 $ 05/01/46 1,625,000.00 $ 200,000.00 $ 37,375.00 $ - $ 11/01/46 1,425,000.00 $ - $ 32,775.00 $ 270,150.00 $ 05/01/47 1,425,000.00 $ 210,000.00 $ 32,775.00 $ - $ 11/01/47 1,215,000.00 $ - $ 27,945.00 $ 270,720.00 $ 05/01/48 1,215,000.00 $ 220,000.00 $ 27,945.00 $ - $ 11/01/48 995,000.00 $ - $ 22,885.00 $ 270,830.00 $ 05/01/49 995,000.00 $ 230,000.00 $ 22,885.00 $ - $ 11/01/49 765,000.00 $ - $ 17,595.00 $ 270,480.00 $ 05/01/50 765,000.00 $ 245,000.00 $ 17,595.00 $ - $ 11/01/50 520,000.00 $ - $ 11,960.00 $ 274,555.00 $ 05/01/51 520,000.00 $ 255,000.00 $ 11,960.00 $ - $ 11/01/51 265,000.00 $ - $ 6,095.00 $ 273,055.00 $ 05/01/52 265,000.00 $ 265,000.00 $ 6,095.00 $ 271,095.00 $ 4,490,000.00 $ 3,790,824.38 $ 8,280,824.38 $ Elevation Pointe Community Development District Series 2022 A-2 Special Assessment Bonds Amortization Schedule DATE BALANCE PRINCIPAL INTEREST TOTAL 11/01/22 5,905,000.00 $ - $ 133,518.61 $ 133,518.61 $ 05/01/23 5,905,000.00 $ - $ 129,910.00 $ - $ 11/01/23 5,905,000.00 $ - $ 129,910.00 $ 259,820.00 $ 05/01/24 5,905,000.00 $ - $ 129,910.00 $ - $ 11/01/24 5,905,000.00 $ - $ 129,910.00 $ 259,820.00 $ 05/01/25 5,905,000.00 $ - $ 129,910.00 $ - $ 11/01/25 5,905,000.00 $ - $ 129,910.00 $ 259,820.00 $ 05/01/26 5,905,000.00 $ - $ 129,910.00 $ - $ 11/01/26 5,905,000.00 $ - $ 129,910.00 $ 259,820.00 $ 05/01/27 5,905,000.00 $ - $ 129,910.00 $ - $ 11/01/27 5,905,000.00 $ - $ 129,910.00 $ 259,820.00 $ 05/01/28 5,905,000.00 $ - $ 129,910.00 $ - $ 11/01/28 5,905,000.00 $ - $ 129,910.00 $ 259,820.00 $ 05/01/29 5,905,000.00 $ - $ 129,910.00 $ - $ 11/01/29 5,905,000.00 $ - $ 129,910.00 $ 259,820.00 $ 05/01/30 5,905,000.00 $ - $ 129,910.00 $ - $ 11/01/30 5,905,000.00 $ - $ 129,910.00 $ 259,820.00 $ 05/01/31 5,905,000.00 $ - $ 129,910.00 $ - $ 11/01/31 5,905,000.00 $ - $ 129,910.00 $ 259,820.00 $ 05/01/32 5,905,000.00 $ 5,905,000.00 $ 129,910.00 $ 6,034,910.00 $ 5,905,000.00 $ 2,601,808.61 $ 8,506,808.61 $