Community Development District Adopted Budget FY 2027 Candler Hills East 1 2-4 5 6 7 Table of Contents General Fund General Fund Narrative Amortization Schedule - Series 2016 Capital Reserves Fund Debt Service Fund - Series 2016 Candler Hills East Community Development District Adopted Budget General Fund Adopted Actuals Projected Description FBYu2d0g2e6t 6/T3h0r/u26 3 MNoenxtths P9r/oT3jhe0rc/ut2ed6 AFBYduo2dp0gt2ee7td ICRMnaeatrevirnreyetn eFsutnoearswncaer dA sSsuerspsmluesnts $$$ 15 45 ,, 01 -3515 $$$ 55 135,,,554254693 $$$ 3 --61 $$$ 55 135,,,558025469 $$$ 25 15 ,, 37 -3600 Total Revenues $ 69,186 $ 110,528 $ 361 $ 110,889 $ 77,090 Expenditures General & Administrative Supervisor Fees 4,000 $ 3,169 $ 1,000 $ 4,169 $ 4,000 $ FICA Expenditure 306 $ 214 $ 77 $ 291 $ 306 $ Engineering 4,000 $ 1,655 $ 2,000 $ 3,655 $ 10,000 $ Trustee Fees 2,255 $ 2,110 $ - $ 2,110 $ 2,255 $ Dissemination 2,866 $ 2,349 $ 717 $ 3,066 $ 3,009 $ Arbitrage 450 $ 450 $ - $ 450 $ 450 $ Assessment Administration 5,732 $ 5,732 $ - $ 5,732 $ 6,019 $ Attorney 6,500 $ 4,500 $ 2,000 $ 6,500 $ 6,500 $ Annual Audit 3,300 $ 3,300 $ - $ 3,300 $ 3,400 $ Management Fees 10,131 $ 7,598 $ 2,532 $ 10,130 $ 10,638 $ Information Technology 1,082 $ 812 $ 270 $ 1,082 $ 1,136 $ Website Maintenance 812 $ 609 $ 204 $ 813 $ 853 $ Telephone 50 $ - $ 50 $ 50 $ 50 $ Postage 625 $ 279 $ 195 $ 474 $ 625 $ Printing & Binding 250 $ 261 $ 100 $ 361 $ 250 $ Insurance 7,425 $ 7,155 $ - $ 7,155 $ 7,871 $ Legal Advertising 700 $ 129 $ 571 $ 700 $ 700 $ Other Current Charges 860 $ 462 $ 234 $ 696 $ 860 $ Office Supplies 150 $ 1 $ 20 $ 21 $ 150 $ Dues, Licenses & Subscriptions 175 $ 175 $ - $ 175 $ 175 $ Total General & Administrative: 51,669 $ 40,961 $ 9,970 $ 50,930 $ 59,246 $ Operations & Maintenance Mulch 7,920 $ 3,710 $ 4,210 $ 7,920 $ 7,920 $ Contingency 3,097 $ - $ 1,549 $ 1,549 $ 3,097 $ Stormwater 6,500 $ - $ 3,250 $ 3,250 $ 6,500 $ Contractual Services - $ - $ - $ - $ 326 $ Total Operations & Maintenance: 17,517 $ 3,710 $ 9,009 $ 12,719 $ 17,844 $ Total Expenditures 69,186 $ 44,671 $ 18,979 $ 63,649 $ 77,090 $ Excess Revenues/(Expenditures) - $ 65,858 $ (18,618) $ 47,240 $ - $ FY2023 FY2024 FY2025 FY2026 FY2027 Net Assessments $55,051 $55,051 $55,051 $55,051 $55,360 Discounts & Collections (6%) $3,514 $3,514 $3,514 $3,514 $3,534 Gross Assessments $58,565 $58,565 $58,565 $58,565 $58,894 Total Units 628 628 628 628 631.50 Assessments per Unit $93.26 $93.26 $93.26 $93.26 $93.26 1 Candler Hills East Community Development District General Fund Budget Revenues: Maintenance Assessments The District will levy a non-ad valorem special assessment on all taxable property within all General Operating and Maintenance Expenditures for the Fiscal Year. the District, to fund Interest The District receives interest earnings from its cash balance in the Truist operating account. Carry Forward Represents amount used to offset the District’s fiscal year expenditure. Expenditures: Administrative: Supervisor Fees yTehaer F. lTohriids aa Smtaotuuntte sis a bllaosweds eoanc 5h bSuoparedrv miseomrsb aetrt eton dreincegi 4ve m $o2n0t0h plye mr meeeteintignsg. n ot to exceed $4,800 in one FICA Expenditure cRheepcrkess.e nts the Employer's share of Social Security and Medicare taxes withheld from Board of Supervisors Engineering Ted.ihgre.e, cDattietsdetrn bidcyta ’tnsh ceeen Bgaoinnader edpr ro,e Dfp Seauwrpabeteirorvrniys fo Eornrs g.m Tinoheneet rDhsli,ys It nrmcic.e,t ew ctuiinlrlg rbsee,n prtelryvo ihveiawdsii nangng gaiengnvreeoericamel see,nn atg niwndie tvehar Drinieogwu ssbe erpvrrriocyjee Esc nttosg itanhseesei Dgrsnis,e tIdrni cca.ts, Trustee Fees TUhS eB Daniskt.r ict issued Series 2016 Special Assessment Refunding Bonds that are administered by a Trustee at Dissemination CrTeFhl,ea L tDeLsiCs ttiorsi ccatod nidsti rtriaeocqntueaidlr erfeodpr b otyhr titishn sege Srreveciqcuueri.ir teym aenndt sE xfocrh aunngrea tCeodm bmonisds iiosnsu teos .c oGmovpelryn wmiethn tRaul lMe a1n5acg2e-1m2e(nbt) S(e5r)v wicheisc h– Arbitrage STehrei eDsi s2t0r1ic6t Shpase ccioanl tArsascetsesdm weintht RAeMfuTnEdCi ntog Banonnudasl. l y calculate the District’s Arbitrage Rebate Liability on the 2 Candler Hills East Community Development General Fund Budget District Assessment Administration Gthoev Derisntmriecnt’tsa nl oMna-nadag veamloernetm S earsvsiecsessm –e Cnetns twraitl hF ltohrei dMaa, LriLoCn s Ceorvuenst ya sT tahxe C Doilsletrcitcotr’s’s c Oolflfeicceti. on agent and certifies Attorney daTtihtreee ncDtdeiasdtn rbciecyt at’shn elde Bgpaorlae crpodau roanft sSieouln,p Cefoorrvle imnso oarnnst dah nWlyd a mtgheoeen Dteiinrs gPtrs.i , Acrt.e ,M vpiareonwva igodeperes. r gaetinnegr aaln lde gmala isnetrevnicaensc eto c tohnet rDaicsttsr,i ectt,c i. .aes., Annual Audit TAhcceo Duinsttirnicgt Fisir rmeq. uTihreed D aisntnruicatl hlya tso c coonntrdaucctte adn w aiuthd iGt roafu it &s fAinsasnocciiaatl erse cfoorr dths ibsy s earnv Iinced.e pendent Certified Public Management Fees lfTAiimnhgraeien teecDdmiia seltt onrr,eit c prwteo icrrtotheircn Gdegioi,nv vageen sran nnuMmdaal e ntanrautagadnelis mtMcsr,ea iennpttatc,ig .o eAn mc oceofn ubtn oStaeinrrdvgi cmaense de–t iCAnegdnsmt, riaandli smFtlrionartiisidvtare,a LtsiLveCerv. s iTceehrsve i csaeessr v, pibcauerdst ginoefct lupadr eeMp, abanruaatt gaioermne ,n eanolttl Information Technology GfaRonoerdpv m ersereensreemvtnienetrsngs st,v a,pa Alor Mdisoioatubinsvea ec,g oMpesamitcy oer iofnm sitn opSffleote rrmOvmfiefcainecttsieao-,t Cneieo ttcnne.tc arhannld oF plloorgroyigd rfaoa,r mL tLmhCei,n Dpgri sfootvrrii dcfrte assu utdhc hep sraeos t sveeicrdtveiioocn ec,s oa. ncfceoruenntciinngg s, oclfotwuda rset,o traabglee ts Website Maintenance sabRecaecccpuokrrruedipstayesn n,a cetnestdc w.t hfGiiertohe vcw eCorahsnltalms pm teaeansristn ao1tlce8 Mina9ata, ennFdcal oegwr,e iumidtpahed nSamttt aeSotsenu,r itdvteooiscrc.ei unTsmg-hC eeeasnnnettd rsu aepmlr lFvoailiacondertssiad, i inhan,io cnLslguLt idCnte,hg p e sar inotDevdi is pddtereoirsmcf ttoa’hsrie mnsw aeren esbnceseeri wvtaeisac selcsesr,s. e wsamteebedsn ittisne, Telephone Represents cost for telephone and fax machine. Postage cMoarirleinsgp oonf dBeonacred. Meeting agenda packages, overnight deliveries, checks for vendors and any other required Printing & Binding ePnrivnetlionpge sa nedtc . Binding agenda packages for board meetings, printing of computerized checks, stationary, 3 Candler Hills East Community Development General Fund Budget District Insurance TF lhoer iDdias tIrniscut’rsa gnecnee Arallli alinacbeil istpye &ci paluizbelisc i onf fpircoiavlisd liinagb iilnitsyu irnasnucrea cnocvee proalgicey t ois g woivtehr Fnlmoreindtaa Il nasguernacnieces. Alliance. The Legal Advertising nT ehwe sDpiasptreirc to fis g erenqeurairl ecdir ctou laatdivoenr. t ise various notices for monthly Board meetings, public hearings, etc. in a Other Current Charges Bank charges and any other miscellaneous expenses that are incurred during the year. Office Supplies pT rhien tDeirs ttroincet rin ccaurrtrsi dchgaersg, pesa pfoerr ,s fuilpep floiledse trhsa, tb innedeedr sto, p been ps,u pracphears ecdli pdsu, rainndg oththe efris scuacl hy eoafrfi,c ien csluupdpinlige sc. opier and Dues, Licenses & Subscriptions oTnhley Deixsptreincst eis u rnedqeuri rtehdis tcoa pteagyo arny faonrn tuhael Dfeiest troic tth. e Department of Economic Opportunity for $175. This is the M aintenance: Mulch Represents costs related to mulch installed in the District. Contingency T o record the cost of any maintenance expenses not properly classified in any of the other accounts. Stormwater Represent cost for stormwater expenses in the District. 4 Candler Hills East Community Development District Adopted Budget Debt Service Fund Series 2016 Adopted Actuals Projected Description FBYu2d0g2e6t 6/T3h0r/u26 3 MNoenxtths P9r/oT3jhe0rc/ut2ed6 AFBYduo2dp0gt2ee7dt ICAARnssaetssreveerressyenss Fsmmuto eeeIrnsnnwcttoass mr--d PTe Sraeuxp rRpaoylluml sents $$$$ 22 07 746 ,,, 416 -255244 $$$$ 22 108 9133,,,,002800689957 $$$$ 2 , 7 ---52 $$$$ 22 108 9333,,,,027806689157 $$$$ 12 69 669 ,,, 589 -158016 Total Revenues $ 488,230 $ 507,170 $ 2,752 $ 509,922 $ 473,346 Expenditures General & Administrative: IISSPnnpprttieeeenccrrciieeiaapsslltt a CC--l aa 15-ll /15ll 1/--/ 1151/11/1 $$$$$ 1 333 660 ,,, 099 --044044 $$$$$ 1 1233355660,,,,,004900046000340 $$$$$ ----- $$$$$ 1 1233355660,,,,,000490004600034 $$$$$ 1 333 330 ,,, 077 --022055 Total Expenditures $ 203,888 $ 243,406 $ - $ 243,406 $ 197,450 Excess Revenues/(Expenditures) $ 284,342 $ 263,763 $ 2,752 In$te r e s t - N o 2v6 16, ,2501267 $$ 2 3715,,288968 Discounts &G rCNooeslslt eAAcsstsisoeensssssmm (6eenn%ttss) $$12$191229,,,779156033 AssessmenTtso ptaelr U Unnitist 3$8565.705 5 Candler Hills East Community Development District Series 2016 Special Assessment Bonds Amortization Schedule Date Balance Prinicpal Interest Total 11/01/26 1,730,000.00 $ - $ 33,725.00 $ 05/01/27 1,730,000.00 $ 130,000.00 $ 33,725.00 $ 197,450.00 $ 11/01/27 1,600,000.00 $ - $ 31,287.50 $ 05/01/28 1,600,000.00 $ 135,000.00 $ 31,287.50 $ 197,575.00 $ 11/01/28 1,465,000.00 $ - $ 28,756.25 $ 05/01/29 1,465,000.00 $ 140,000.00 $ 28,756.25 $ 197,512.50 $ 11/01/29 1,325,000.00 $ - $ 26,131.25 $ 05/01/30 1,325,000.00 $ 145,000.00 $ 26,131.25 $ 197,262.50 $ 11/01/30 1,180,000.00 $ - $ 23,412.50 $ 05/01/31 1,180,000.00 $ 150,000.00 $ 23,412.50 $ 196,825.00 $ 11/01/31 1,030,000.00 $ - $ 20,600.00 $ 05/01/32 1,030,000.00 $ 155,000.00 $ 20,600.00 $ 196,200.00 $ 11/01/32 875,000.00 $ - $ 17,500.00 $ 05/01/33 875,000.00 $ 160,000.00 $ 17,500.00 $ 195,000.00 $ 11/01/33 715,000.00 $ - $ 14,300.00 $ 05/01/34 715,000.00 $ 170,000.00 $ 14,300.00 $ 198,600.00 $ 11/01/34 545,000.00 $ - $ 10,900.00 $ 05/01/35 545,000.00 $ 175,000.00 $ 10,900.00 $ 196,800.00 $ 11/01/35 370,000.00 $ - $ 7,400.00 $ 05/01/36 370,000.00 $ 180,000.00 $ 7,400.00 $ 194,800.00 $ 11/01/36 190,000.00 $ - $ 3,800.00 $ 05/01/37 190,000.00 $ 190,000.00 $ 3,800.00 $ 197,600.00 $ 1,730,000.00 $ 435,625.00 $ 2,165,625.00 $ 6 Candler Hills East Community Development District Adopted Budget Capital Reserves Fund Adopted Actuals Projected Description FBYu2d0g2e6t 6/T3h0r/u26 3 MNoenxtths P9r/oT3jhe0rc/ut2ed6 AFBYduo2dp0gt2ee7td ICRnaetrevrreyen Fsuto eIrnswcoamrde Surplu s $$ 1 8 35,,991148 $$ 1 8 56,,546250 $$ 1 , 3 -91 $$ 1 8 66,,492506 $$ 1 9 33,,437786 Total Revenues $ 189,831 $ 191,985 $ 1,391 $ 193,376 $ 196,854 Expenditures Capital Outlay $ - $ - $ - $ - $ - Total Expenditures $ - $ - $ - $ - $ - Excess Revenues/(Expenditures) $ 189,831 $ 191,985 $ 1,391 $ 193,376 $ 196,854 7