APPENDIX A

Hacienda Lakes Community Development District

Proposed FY 2018-2019 Budget
 Fiscal Year Budget 

REVENUES				
ON-ROLL ASSESSMENTS	$	75,248	399 Platted Lots Esplanade & Azure	
DEVELOPER CONTRIBUTIONS	$	250,259	Balance of Unplatted Acres	
INTEREST REVENUE		-		
MISCELLANEIOUS REVENUE		-		
TOTAL REVENUES	$	325,507		
				
EXPENDITURES				
				
ADMINISTRATIVE				
BOARD OF SUPERVISORS PAYROLL	$	8,000	8 meetings @ $1,000 each	
PAYROLL TAXES		1,429	17.86%	
PAYROLL SERVICE FEE		897	11.21%	
MANAGEMENT CONSULTING SERVICES		36,000	$3,000/Month	
ASSESSMENT ADMINISTRATION		15,000	Lien Book, MBS Capital, Tax Collector, U.S. Bank	
ASSESSMENT ROLL PREPARATION		5,000	Assessment Roll Preparation for Tax Collector	
MISCELLANEOUS		750	Office Supplies, etc.	
STORAGE		900	$75/month	
BANK CHARGES		-	None This Year	
AUDITING		6,500	2016-17 Audit - May Come Down	
ACCOUNTING FIRM		6,000	Mattice Business Services - $500/month	
INSURANCE (Liability, Property & Casuality)		5,500	DAO Insurance	
LEGAL ADVERTISING		1,800	2 Ads at $300/each and 2 @ $600/each	
REGULATORY AND PERMIT FEES		175	State Filing Fee	
LEGAL SERVICES		10,000	Coleman Yovanovich & Koester	
ENGINEERING SERVICES - General		10,000	Hole Montes	
NEW ASSESSMENT METHODOLOGY		5,000		
WEBSITE HOSTING & ADMINISTRATION		1,500	Required by State Law	
MISCELLANEOUS SERVICES		-		
TOTAL ADMINISTRATIVE EXPENDITURES	$	114,451		
				
FIELD OPERATIONS				
FIELD OPERATIONS MANAGEMENT STAFF	$	-		
LANDSCAPING & FIELD MAINTENANCE		78,000	$6,500 a month	
LANDSCAPE REPLACEMENT		15,000	Replacement program has settled down	
LANDSCAPE MULCHING		20,000	Mulching twice a year @ $10,000 each	
IRRIGATION REPAIRS		12,000	Approximately $1,000/month	
SOD REPLACEMENT		20,000	Replace starting at east end	
ELECTRICITY		9,600	Approximately $800/month	
CONTINGENCY FOR LORD'S WAY		5,000		
FOUNTAINS		1,500		
WATER USE MONITORING		2,400	Cardno Entrix @ $200/month	
ENTRY MONUMENTS MAINTENANCE		1,500	Pressure Cleaning, Painting, etc.	
WETLAND MONITORING		1,500	Approximatly $100/month	
STREET SWEEPING		3,600	$299/month	
SFWMD ERP ANNUAL REPORT		1,500	Annual	
LAKE TESTING		3,600	Once a year	
SABLE PALM CULVERTS CLEANING		7,500	Once a year	
LAKE MAINTENANCE		28,356	$2,363 per month for 12 lakes	
TOTAL FIELD OPERATIONS EXPENDITURES	$	211,056		
				
TOTAL EXPENDITURES	$	325,507		

Hacienda Lakes Community Development District

Debt Service Fund - Series 2014 Bonds

FY 2018-2019 Proposed Budget

REVENUE (1)										
Balance in Account (May 2, 2018)		$	143,941.54						
Assessment Off-Roll		$	411,028.67						
Assessment On-Roll		$	413,315.24						
Debt Service Reserve - Developer Pmt.		$	42,683.30						
Discounts		$	-						
Total Revenue		$	1,010,968.75						
										
EXPENDITURES										
INTEREST EXPENSE										
November 1, 2019		$	332,250.00						
May 1, 2020		$	341,625.00						
November 1, 2020		$	337,093.75						
										
PRINCIPAL										
May 1, 2019		$	165,000.00						
Total Expenditures			$	1,010,968.75						
									
Excess Revenues over Expenditures		$	-						
										
Allocation of Maximum Annual Debt Service									
				Net Assessment						
Single Family Land Use	Units			Per Unit			Total		
		$	1,664.79			243,059.34			
42'	146			$				
52'	175	$	1,872.05	$	327,608.75			
62'	122	$	2,079.31		$	253,675.82			
Total FY 2015-2016					$	824,343.91			
										
On Roll Assessments										
				Net Assessment						
Single Family Land Use	Units			Per Unit			Total			
		$	1,664.79			113,205.72			
42'	68			$				
52'	97	$	1,872.05	$	181,588.85			
62'	57	$	2,079.31		$	118,520.67			
Total FY 2015-2016					$	413,315.24			
										
Off Roll Assessments										
				Net Assessment						
Single Family Land Use	Units			Per Unit			Total			
		$	1,664.79			129,853.62			
42'	78			$				
52'	78	$	1,872.05	$	146,019.90			
62'	65	$	2,079.31		$	135,155.15			
Total FY 2015-2016					$	411,028.67			
							
		Total	$	824,343.91			

(1) - Following the adoption for the general fund and debt service budgets, the District will

prepare an assessment roll based on the County Property Appraiser's final list of property

owners as of a certain "date of record". The District will apportion assessments to

property owners as of this "date of record" and will utilize the appropriate on-roll and

off-roll collection methods to collect its assessments and related

collection costs may vary from the adopted budgets.

Hacienda Lakes Community Development District

Debt Service Fund - Series 2016 Bonds

FY 2018-2019 Proposed Budget

REVENUE (1)								
Balance in Account (May 2, 2018)		$	10,085.76					
Assessment Off-Roll		$	457,019.78					
Assessment On-Roll		$	146,202.74					
Debt Service Reserve - Developer Pmt.		$	200,584.08					
Discounts		$	-					
Total Revenue		$	813,892.36					
								
EXPENDITURES								
INTEREST EXPENSE								
November 1, 2019		$	210,671.18					
May 1, 2020		$	210,671.18					
November 1, 2020		$	207,550.00					
								
PRINCIPAL								
May 1, 2019		$	185,000.00					
Total Expenditures		$	813,892.36					
								
Excess Revenues over Expenditures		$	-					
								
Allocation of Maximum Annual Debt Service							
		Net Assessment					
Single Family Land Use	Units		Per Unit			Total		
52' - Azure	149	$	1,282.52	$	191,095.48		
77' - Azure	78	$	1,644.14	$	128,242.92		
4-Plex - Azure	192	$	941.61	$	180,789.12		
52' - Sapphire Cove	75	$	1,374.60		$	103,095.00		
Total FY 2018-2019				$	603,222.52		
								
On Roll Assessments								
		Net Assessment					
Single Family Land Use	Units		Per Unit			Total		
52' - Azure			1,282.52			82,081.28		
	64	$		$			
77' - Azure	39	$	1,644.14	$	64,121.46		
4-Plex - Azure	0	$	941.61	$	-		
52' - Sapphire Cove	0	$	1,374.60		$	-		
Total FY 2018-2019				$	146,202.74		
								
Off Roll Assessments								
		Net Assessment					
Single Family Land Use	Units		Per Unit			Total		
52' - Azure	85	$	1,282.52	$	109,014.20		
77' - Azure	39	$	1,644.14	$	64,121.46		
4-Plex - Azure	192	$	941.61	$	180,789.12		
52' - Sapphire Cove	75	$	1,374.60		$	103,095.00		
Total FY 2018-2019				$	457,019.78		
							
		Total		$	603,222.52		

(1) - Following the adoption for the general fund and debt service budgets, the District will

prepare an assessment roll based on the County Property Appraiser's final list of property

owners as of a certain "date of record". The District will apportion assessments to

property owners as of this "date of record" and will utilize the appropriate on-roll and

off-roll collection methods to collect its assessments and related

collection costs may vary from the adopted budgets.