Page 3-12 PPPaaagggeee 111346-15 Page 17 Fiscal Year 2024 Durbin Crossing Community Development District Adopted Budget Durbin Crossing Community Development District CGDaeenpbeittSSBBB raSeeuuualerr ldddRr iiFeevgggeussieeesc nttte22e drN 00Fv11auer77 nrFAAdau--tn11ivd//eAA--22 BAumdogretitzation Schedule PPPPPPaaaaaaggggggeeeeee 111134--45712-136 TABLE OF CONTENTS Assessment Chart Durbin Crossing Community Development District General Fund Budget FY 2024 Adopted Actual YTD Projected Projected Adopted FY 2023 Budget Thru 7/31/23 Next 2 Months Thru 9/30/23 FY 2024 Budget IARMnseitssevecre sIesnnsmctu oeInemncsteosme $$$ 2,2 6417 ,, 901900900 $$$ 2,2 5 1 9 79,,,157329406 $$$ 123,,,008006005 $$$ 2,2 6 2 1 82,,,957929906 $$$ 2,5 8 3 50,,,200000200 Total Revenues $ 2,309,099 $ 2,286,450 $ 6,865 $ 2,293,315 $ 2,623,202 Expenditures Administrative Supervisor Fees 11,000 $ 9,000 $ 2,000 $ 11,000 $ 11,000 $ FICA Expense 842 $ 689 $ 153 $ 842 $ 842 $ Assessment Roll Administration (GMS) 5,000 $ 5,000 $ - $ 5,000 $ 5,300 $ Engineering Fees (ETM) 13,000 $ 8,893 $ 4,107 $ 13,000 $ 13,000 $ Dissemination Fees (GMS and Disclosure Services ) 7,200 $ 5,250 $ 1,200 $ 6,450 $ 7,632 $ Attorney Fees (Kutak Rock) 50,000 $ 48,612 $ 1,388 $ 50,000 $ 50,000 $ Annual Audit (Berger, Toombs, Elam) 4,200 $ 3,775 $ 4,200 $ 7,975 $ 4,200 $ Trustee Fees (US Bank) 10,800 $ 10,755 $ - $ 10,755 $ 10,800 $ Arbitrage (Grau) 1,200 $ 1,200 $ - $ 1,200 $ 1,200 $ Impact Fee Administration (GMS) 15,000 $ 12,500 $ 2,500 $ 15,000 $ 15,900 $ Management Fees (GMS) 51,324 $ 42,770 $ 8,554 $ 51,324 $ 54,403 $ Information Technology 1,500 $ 1,250 $ 250 $ 1,500 $ 1,590 $ Website Maintenance 1,000 $ 833 $ 167 $ 1,000 $ 1,060 $ Telephone 800 $ 424 $ 250 $ 674 $ 800 $ Postage 2,500 $ 2,715 $ 50 $ 2,765 $ 3,000 $ Printing & Binding 2,150 $ 1,977 $ 173 $ 2,150 $ 2,150 $ Insurance (FIA) 9,432 $ 7,810 $ - $ 7,810 $ 8,592 $ Legal Advertising 2,000 $ - $ 2,000 $ 2,000 $ 2,000 $ Other Current Charges 1,000 $ 830 $ 170 $ 1,000 $ 1,000 $ Office Supplies 150 $ 24 $ 126 $ 150 $ 150 $ Dues, Licenses & Subscriptions (DCA) 175 $ 175 $ - $ 175 $ 175 $ Administrative Expenses 190,273 $ 164,481 $ 27,288 $ 191,769 $ 194,794 $ Amenity Center Insurance (FIA) 35,082 $ 27,829 $ - $ 27,829 $ 41,544 $ Repairs & Replacements 80,000 $ 95,948 $ - $ 95,948 $ 80,000 $ Recreational Passes 2,000 $ 2,920 $ - $ 2,920 $ 3,000 $ Office Supplies 7,500 $ 3,523 $ 1,000 $ 4,523 $ 5,000 $ Permit Fees (Dept of Health/ASCAP/BMI/SEASAC) 3,700 $ 4,231 $ - $ 4,231 $ 4,500 $ Utilities Water & Sewer (JEA) 42,000 $ 26,837 $ 11,163 $ 38,000 $ 42,000 $ Electric (JEA) 36,000 $ 28,191 $ 7,809 $ 36,000 $ 40,000 $ Cable/Phone/Internet 22,000 $ 16,726 $ 3,274 $ 20,000 $ 21,000 $ Security System (Atlantic) 1,670 $ 601 $ 1,069 $ 1,670 $ 1,670 $ Amenity Center Management Contracts Managerial (VESTA) 241,582 $ 201,316 $ 40,266 $ 241,582 $ 253,658 $ South Staffing (VESTA) 241,133 $ 201,334 $ 39,799 $ 241,133 $ 253,382 $ Lifeguards (VESTA) 82,771 $ 48,181 $ 34,590 $ 82,771 $ 89,442 $ Mobile App/Website (VESTA) 2,750 $ 2,292 $ 458 $ 2,750 $ 3,500 $ Continued Amenity Center Management Contracts Refuse Service (Waste Management) 7,000 $ 6,604 $ 396 $ 7,000 $ 7,400 $ Pool Chemicals (Poolsure) 29,000 $ 26,989 $ 5,256 $ 32,245 $ 34,000 $ Special Events 30,000 $ 26,166 $ 3,834 $ 30,000 $ 30,000 $ 1 Durbin Crossing Community Development District General Fund Budget FY 2024 Adopted Actual YTD Projected Projected Adopted FY 2023 Budget Thru 7/31/23 Next 2 Months Thru 9/30/23 FY 2024 Budget FPPHireotesnltise dsCsuaosry nEe Dtq rWuéocialpo (sr hTMiunarignneter nPaenstc eControl) $$$$ 1 8885,,,,055000000000 $$$$ 1 4668,,,,347123611331 $$$$ 222,,, 012 -367779 $$$$ 1 7888,,,,055100010001 $$$$ 1 8886,,,,055500040000 Amenity Center Expenses $ 904,188 $ 755,316 $ 155,397 $ 910,713 $ 951,636 ISSFLLLCEGMWWrtaaaoularrrueaakdnneipoeclgtte ddlceieeutRat rhsstrrManetilcc icilQ&pdaaoag R(pplun ishRJane eeE atMcResti lAeeCMneUieamtn)rogspyaivean ne ai(eM nntJn(it iEr-Jcetont sEeeATnngn A)r(aieata)Snnonnocrclcsieyienfteu g(rdY (OeeEu lSLltoIa)wkes tMonane)agement) $$$$$$$$$$$$ 35 15666725 11500014559,,,,,,,,,,,17700005609 -0000000030900800000802 $$$$$$$$$$$$ 113 15566079 2524467799 ,,,,,,,,,, 0100678024 8 -0003477689104067894693 $$$$$$$$$$$$ 1 183 8002 ,,,, 6184 26 ------019908038847 $$$$$$$$$$$$ 125 15667025 12504567999,,,,,,,,,,, 01700667299 -0000347706900800689267 $$$$$$$$$$$$ 1135 156780458 125024550055,,,,,,,,,,,,017000550008000000070009008000020001 Grounds Maintenance Expenses $ 1,214,638 $ 949,106 $ 233,000 $ 1,182,106 $ 1,476,771 TOTAL EXPENDITURES $ 2,309,099 $ 1,868,903 $ 415,685 $ 2,284,588 $ 2,623,202 EXCESS REVENUES / (EXPENDITURES) $ - $ 417,547 $ (408,820) $ 8,727 $ - 2 Durbin Crossing Community Development District Assessment Allocation Chart Land Use #Units ERU Factor Total ERUs Net O&M Net O&M Per Unit FY 2023 Gross Annual Asmnt Per Unit FY 2024 Gross Annual Asmnt Per Unit FY 2024 Gross Annual Per Unit Increase Increase Precentage FY 2024 Gross 45678To00333w'''''n Homes Total Residential Units 2 , 233445301136820268994 001111......013568033559 134455123677112589......011369000334 $$$$$$134455223777345579,,,,,,012388111125024677 $$$$1111$$,,,,023568013456016699......336699000149 $$$111$$$,,,124579133689134459......022679022367 $$$$1111$$,,,,024669457717358847......344415467733 $$$$$$11112811468804699.3.....11468135678 111111444444......999999999999%%%%%% Asses$$$$$$s134556m014568335688e,,,,,,n133568t013456s002778 Commercial/Retail/Office 144,153 1.00 72.08 $72,865 $0.51 $0.47 $0.54 $0.07 14.99% $77,514 TOTALS 146,477 2,560.18 $2,588,202 Total - Gross Assessment $2,753,329 Less: Discounts and Collections (6%) ($165,127) Total Net Assessment $2,588,202 3 Durbin Crossing Community Development District GENERAFLY F U20N2D4 B UDGET 4 REVENUES: Assessments The District will levy a non ad-valorem maintenance assessment on all assessable property within the District to fund all Operations & Maintenance Expenditures for the fiscal year. Interest Income Maintenance Assessment income of the District will be invested in accordance with Florida Statutes and the investment guidelines approved by the Board of Supervisors. Miscellaneous Income Revenue received from access cards, rental fees, miscellaneous deposits from UPS, insurance claims, and the recreation programs revenue. EXPENDITURES: Administrative: Supervisor Fees Florida Statutes allows each board member to receive $200 per meeting not to exceed $4,800 in one year. The amount budgeted for the fiscal year is based upon 5 supervisors attending eleven meetings. FICA Expense FICA expense represents the Employer's (District’s) share of Social Security and Medicare taxes withheld from the fee paid to the Board of Supervisors. Assessment Roll Administration Charge to the District for the services of Governmental Management Services, LLC to manage the assessment roll and Lien Books relating to the Series 2017A-1/A-2 bonds. Engineering Fees The District's engineering firm, England, Thims & Miller, Inc., will be providing general engineering services to the District, including attendance and preparation for monthly board meetings, review invoices, etc. Durbin Crossing Community Development District GENERAFLY F U20N2D4 B UDGET 5 Dissemination Fees The Annual Disclosure Report prepared by Governmental Management Services, LLC required by the Security and Exchange Commission in order to comply with Rule 15(c)(2)-12(b)(5), which relates to additional reporting requirements for un-rated bond issues. Attorney Fees General legal services provided by the law firm of Kutak Rock LLP, who provide general legal services to the District, including attendance and preparation for monthly CDD meetings, preparation and review of agreements, resolutions, etc. Annual Audit The District is required annually to conduct an audit of its financial records by an Independent Certified Public Accounting Firm. The District has contracted with Berger, Toombs, Elam to conduct their annual audit. Trustee Fees The District’s Series 2017A-1/A-2 Special Assessment Bonds are held by a Trustee with US Bank. The amount represents the fee for the administration of the District’s bond issue. Arbitrage The District is required to annually have an arbitrage rebate calculation on the District’s Series 2017A-1/A- 2 Special Assessment Bonds. The District will contract with an independent certified public accounting firm to calculate the rebate liability and submit a report to the District. Impact Fee Administration Charges to the District for the services of Governmental Management Services, LLC to collect St. Johns County Impact Fees on behalf of the District, manage the Series 2006-1 Impact Fee Bonds, and maintain the Series 2006-1 Lien Books. Management Fees The District receives Management, Accounting and Administrative services as part of a Management Agreement with Governmental Management Services, LLC. Vendor Monthly Annual Governmental Management Services $ 530 $ 6,360 Disclosure Services $ 1,272 $ 530 $ 7,632 Durbin Crossing Community Development District GENERAFLY F U20N2D4 B UDGET 6 Information Technology The cost related to District’s accounting and information systems, District website creation and maintenance, electronic compliance with Florida Statutes and other electronic data requirements. Website Maintenance Represents the costs associated with monitoring and maintaining the District’s website created in accordance with Chapter 189, Florida Statutes. These services include site performance assessments, security and firewall maintenance, updates, document uploads, hosting and domain renewals, website backups, etc. Telephone Telephone and fax machine charges incurred as an administrative cost. Postage Mailing of agenda packages, overnight deliveries, correspondence, etc. Printing & Binding Printing and binding of agenda packages for board meetings, printing of checks, stationary, envelopes etc. Insurance The District's General Liability & Public Officials Liability Insurance policy is with Florida Insurance Alliance (FIA). FIA specializes in providing insurance coverage to governmental agencies. Legal Advertising The District is required to advertise various notices for monthly Board meetings, public hearings etc. Other Current Charges Bank charges and any other miscellaneous expenses incurred during the year. Office Supplies Miscellaneous office supplies. Dues, Licenses & Subscriptions The District is required to pay an annual fee to the Department of Community Affairs for $175. This is the only expense under this category for the District. Durbin Crossing Community Development District GENERAFLY F U20N2D4 B UDGET 7 Amenity Center: Insurance The District's Property Insurance policy is with Florida Insurance Alliance (FIA). FIA specializes in providing insurance coverage to governmental agencies. The amount budgeted represents the estimated premium for property insurance related to the Amenity Center. Repair & Replacements Represents monies budgeted for repairs and replacements for the District. Recreation Passes Represents the estimated cost for access cards to the District’s Amenity Center. Office Supplies Represents any supplies needed for the operation of the Amenity Center. Permit Fees Represents permit fees paid to the Department of Health for the swimming pool and fees associated with music licenses at the Amenity Center. Water & Sewer JEA provides water and sewer services for the District. The cost of water/sewer associated with the Recreation Facilities: Account Number Description Monthly Annual 68155430/86131620 145 S Durbin Pkwy Sewer $ 231 $ 2,772 79200641 145 S Durbin Pkwy Reclaim $ 1,320 $ 15,840 86131620 145 S Durbin Pkwy Water $ 132 $ 1,584 67579848 145 S Durbin Pkwy Water $ 242 $ 2,904 83113743 730 Durbin PY N Sewer $ 230 $ 2,760 68090736 730 Durbin PY N Reclaim $ 630 $ 7,562 85083672 730 Durbin PY N Water $ 230 $ 2,760 83113743 730 Durbin PY N Water $ 138 $ 1,656 Contingency $ 347 $ 4,162 Total Amenity Sewer/Water/Reclaim $ 3,500 $ 42,000 Durbin Crossing Community Development District GENERAFLY F U20N2D4 B UDGET 8 Electric JEA provides for electric services for the District. The cost of electric associated with the Recreation Facilities: Website The fees incurred for maintaining updates for the Durbinliving.com website contracted with Unicorn. Cable/Internet/Phone The District will provide cable television services for the Amenity Centers through Comcast. Security System Maintenance costs of the security alarms/cameras provided by Atlantic Companies. General Manager The District is under contract with Vesta Property Services Inc for Management and Administration Services for the Amenity Centers with additional part-time maintenance technician. North and South Staffing The District is under contract with Vesta Property Services Inc. This covers the cost of staffing for Facility Attendants, Pool Maintenance, Janitorial Services, Special Events planning, and Facility monitoring. Account Number Description Monthly Annual 20335949 145 S Durbin Pkwy $ 2,526 $ 30,312 22357510 730 Durbin PY N $ 715 $ 8,580 Contingency $ 92 $ 1,108 Total Amenity Electric $ 3,333 $ 40,000 Account Number Description Monthly Annual 8495 74 140 1015619 Durbin Crossing South Amenity $ 435 $ 5,220 8495 74 140 0420497 Durbin Crossing South Amenity $ 200 $ 2,400 8495 74 140 1246669 Durbin Crossing North Amenity $ 570 $ 6,840 8496 74 140 1022920 Durbin Crossing North Amenity $ 450 $ 5,400 Contingency $ 95 $ 1,140 Total Amenity Cable/internet/Phone $ 1,750 $ 21,000 Contractor Monthly Annual Vesta $ 21,138 $ 253,658 Durbin Crossing Community Development District GENERAFLY F U20N2D4 B UDGET 9 Lifeguards The District is under contract with Amenity Services Group and this is the cost to provide pool attendants (lifeguards) during the operating season for the pool. Mobile Application and Amenities Website Alternative mobile communication of information related to Amenity Facilities for residents and patrons included but not limited to hours of operations, resident programs, special events, and other services for the District. Contracted with Vesta to manage website and maintain services for $292 per month. Refuse Service Garbage disposal services for the Amenity Centers provided by GFL Environmental. Pool Chemicals The District, through Poolsure, is provided chemicals necessary for the maintenance of the Amenity Center swimming pool. Special Events Represents estimated costs for the District to host special events for the community throughout the Fiscal Year. Holiday Decoration Represents estimated costs for the District to decorate the Amenity center for the holidays. Pest Control The District is contracted with Turner Pest Control to provide for pest control services. Contractor Monthly Annual Poolsure $ 2,771 $ 33,256 Contingency $ 62 $ 744 $ 2,833 $ 34,000 Contractor Monthly Annual Monthly Service $ 567 $ 6,800 Annual Termite Treatment $ 1,200 $ 567 $ 8,000 Contractor Monthly Annual Vesta $ 7,454 $ 89,442 Durbin Crossing Community Development District GENERAFLY F U20N2D4 B UDGET 10 Pressure Washing The cost of pressure washing District facilities (Amenity Center, entryway features, etc.) Fitness Equipment Maintenance The cost of maintenance routine and inceptions of District fitness equipment. Grounds Maintenance: Electric The cost of electricity provided by JEA for signage lighting and entry feature lighting for the District. Account Number Description Monthly Annual 22840516 101 Castlegate Ln $ 10 $ 120 79442225 104 Durbin PY N $ 32 $ 384 93385371 1049 Longleaf Pine Parkway $ 71 $ 852 99911097 107 Tollerton Ave $ 23 $ 276 89863663 1513 Longleaf Pine Parkway $ 21 $ 252 26895017 16 Cloisterbane Dr Apt LL01 $ 8 $ 96 22580514 20 Orchid Way Apt IR01 $ 10 $ 120 99911094 2401 St Johns PY APT SG01 $ 17 $ 204 13727885 28 Heron Landing Rd Apt SG01 $ 11 $ 126 89866912 291 Durbin PY N $ 12 $ 144 99911053 399 Longleaf Pine PY $ 13 $ 156 89863016 501 Saddlestone Dr $ 18 $ 216 22969723 590 N Durbin Pkwy $ 18 $ 216 89863705 694 N Durbin Pkwy $ 18 $ 216 79442208 857 Durbin Py N Apt SG01 $ 15 $ 180 89315721 861 Durbin PPY N Apt SG01 $ 11 $ 132 14892379 910 Durbin PY N Apt SG01 $ 14 $ 168 79447186 94 Staplehurst Dr Apt IR01 $ 15 $ 180 79447185 95 Woodcross Dr Apt IR01 $ 12 $ 144 22840515 96 Cresthaven Pl $ 15 $ 180 99912413 987 Durbin PY N $ 12 $ 144 89865800 997 Lauriston Dr $ 15 $ 180 Contingency $ 85 $ 1,022 Total Common Area Electric $ 476 $ 5,708 Durbin Crossing Community Development District GENERAFLY F U20N2D4 B UDGET 11 Water & Re-Use Water and re-use water needed for irrigation and maintenance of the common grounds provided by JEA. Account Number Description Monthly Annual 64240479 102 Durbin PY N $ 2,622 $ 31,458 70115360 102 Merkland Ct $ 62 $ 744 72360080 1021 Lauriston Dr $ 290 $ 3,480 69877485 104 Harbury Dr $ 135 $ 1,620 66534516 105 S Durbin Pkwy $ 1,169 $ 14,028 70115339 106 Charmed Pl $ 68 $ 816 67386400 109 Islesbrook Pkwy $ 825 $ 9,900 68090726 1090 Durbin PY N $ 3,500 $ 42,000 74704275 116 Averley Wy Apt IR01 $ 55 $ 660 74704274 118 Pineta Wy Apt IR01 $ 35 $ 420 70115336 124 Weathered Oak Ct $ 30 $ 360 71890295 1244 Leith Hall Dr $ 230 $ 2,760 74704249 126 Cantley Wy Apt IR01 $ 100 $ 1,200 73697024 128 Willow Winds Parkway $ 57 $ 684 71890305 1305 Fryston St $ 25 $ 300 71890313 138 Tollerto Ave $ 80 $ 960 71890303 1386 Fryston St $ 250 $ 3,000 68682298 1503 Cullaig Ct. $ 86 $ 1,032 74704273 155 Telford Dr Apt IR01 $ 36 $ 432 71890297 158 Castlegate LA $ 35 $ 420 75457834 16 Cloisterbane Dr Aprt LL01 $ 235 $ 2,820 71890296 1620 Fenton Av $ 125 $ 1,500 83716990 185 Islesbrook Pkwy $ 255 $ 3,060 85563431 2050 Longleaf Pine Py $ 1,900 $ 22,800 68682232 240 Tollerton Ave $ 500 $ 6,000 81948581 241 Islesbrook Pkwy $ 100 $ 1,200 67862610 265 Willow Winds Pkwy $ 140 $ 1,680 69214857 293 Willow Winds Pkwy $ 40 $ 480 82196245 310 N Glen Laurel Dr $ 40 $ 480 Total Reuse Water Continued $ 13,025 $ 156,294 Durbin Crossing Community Development District GENERAFLY F U20N2D4 B UDGET 12 Street Lighting The District street lighting cost for the community - the amount is based upon the current tariff in effect with JEA. Account Number Description Monthly Annual Balance Brought Forward $ 13,025 $ 156,294 69877486 358 Willow Winds PKWY $ 285 $ 3,420 72360078 585 Saddlestone Dr $ 125 $ 1,500 80532666 594 Saddlestone Dr $ 140 $ 1,680 64240486 606 Longleaf PY $ 4,000 $ 48,000 64240480 810 Durbin PY N $ 3,000 $ 36,000 74704276 867 Durbin PY N Apt IR01 $ 120 $ 1,440 74704251 868 Durbin PY N Apt IR01 $ 100 $ 1,200 67386405 89 Heron Landing Rd Apt IR01 $ 700 $ 8,400 68081639 90 Woodcross Dr $ 500 $ 6,000 68081637 91 Staplehurst Dr $ 300 $ 3,600 74704265 912 Durbin PY N Apt IR01 $ 85 $ 1,020 64240168 96 Crestheaven Place $ 130 $ 1,560 Contingency $ 7,074 $ 84,886 Total Reuse Water $ 29,584 $ 355,000 Account Number Description Monthly Annual 70 watt 104 Durbin PY N(70 Watts) $ 2,159 $ 25,909 200 watt 104 Durbin PY N (200 Watts) $ 55 $ 663 70 watts 128 Willow Winds Pkwy $ 566 $ 6,788 28763969 104 Durbin Py N Apt 2 $ 12 $ 141 200 watt 145 S Durbin Pkwy $ 773 $ 9,282 70 watt 145 S Durbin Pkwy $ 1,457 $ 17,484 70 watts 145 S Durbin Pkwy $ 771 $ 9,256 70 watts 16 Cloisterbane Dr $ 214 $ 2,571 70 watts 16 Cloisterbane Dr $ 274 $ 3,291 70 watts 89 Heron Landing Rd Apt IR01 $ 377 $ 4,525 Contingency/Additions $ 55 $ 660 Total Streetlighting $ 6,714 $ 80,572 Durbin Crossing Community Development District GENERAFLY F U20N2D4 B UDGET 13 Lake Maintenance The District is under contract with Solitude Lake Management LLC for the maintenance of the lakes at Durbin Crossing Community Development District. Landscape Maintenance The District is under contract with a landscape maintenance vendor for maintenance of the common areas in the District. Landscape Contingency A provision for additional landscape features or for repair of existing landscaping. Mulch Represents estimated costs for mulch applications around common areas in the District. Sod Replacement Represents estimated costs for sod replacement around common areas in the District. Fuel Fuel purchases for maintenance equipment. Irrigation Repairs The cost of miscellaneous irrigation repairs and maintenance incurred. Capital Reserve – Transfer Out The District funds a capital reserve to fund the renewal and replacement of District’s capital related facilities that gets transferred to the Capital Reserve Fund. Water Quality Monitoring The District will contract with ESI to have conducted water quality monitoring in compliance with Section 18 of the Development Order using guidelines established by the FDEP. Contractor Monthly Annual Solitude Lake Management LLC $ 4,500 $ 54,000 Contractor Monthly Annual Yellowstone $ 45,491 $ 545,891 Durbin Crossing Community Development District Debt Service Fund Series 2017 A-1/A-2 Bonds Adopted Actual YTD Projected Projected Adopted Description FY 2023 Budget Thru 7/31/23 Next 2 Months Thru 9/30/23 FY 2024 Budget Revenues Carry Forward IAnstseersessmtents Surplus (1) $$$ 3 ,0 77420 ,,14 2600280 $$$ 3 ,0 7 5 66860,,,883157286 $$$ 10,0 --00 $$$ 3 ,0 7 5 76460,,,883757686 $$$ 3 ,0 758 4 53,,,807707602 Total Revenues $ 3,812,770 $ 3,886,045 $ 10,000 $ 3,892,110 $ 3,843,648 Expenditures IIIISSPPPnnnneerrrttttiiirrnnneeeeiirrrrccceeeeeeiiisspppssss aaatttt22 lll115500 555//1111///11//1117711 AA(P--12repayment) $$$$$$$ 1 ,5 155 5 99555599555,,,,,, 088077 -088055011066 $$$$$$$ 1 ,5 155 5 9995555555555,,,,,,,009907700110550033066 $$$$$$$ ------- $$$$$$$ 1 ,5 155 5 9995555555555,,,,,,,009907700110550033066 $$$$$$$ 1 ,5 155 9 88335588555 ,,,,,, 088033 -055044000077 Total Expenditures $ 3,021,275 $ 3,108,338 $ - $ 3,108,338 $ 2,998,394 EXCESS REVENUES / (EXPENDITURES) $ 791,495 $ 777,708 $ 10,000 $ 783,772 $ 845,254 (1) Carry forward surplus is net of the reserve requirement IITnnottteearrleesstt -- 1111--11--2244 ((22001177AA--12)) ` $$55$819348,,,247018368 14 Durbin Crossing Amortization Schedule Community Development District Series 2017A-1, Special Assessment Refunding Bonds DATE BALANCE PRINCIPAL 0000000000000011111111111111111111111111111155555555555555/////////////////////////////0000000000000000000000000000011111111111111111111111111111/////////////////////////////2222222222222333333333333333300112233344445555666677778899 $$$$$$$$$$$$$$$$$$$$$$$$$$$$ 11111111112222222222 1122334455666688889922557799,,,,,,,,,,,,,,,,,,,,,,,,,,,,000011112244557788991155668811225555666666667799000011330000000000005555555500005555,,,,,,,,,,,,,,,,,,,,,,,,,,,,000000000000000000000000000000000000000000000000000000000000000000000000000000000000 $$$$$$$$$$$$$$$$$$$$$$$$$$$$ 11111111222222,,,,,,,,,,,,,,023455666788990001233457999900000555555555,,,,,,,,,,,,,,000000000000000000000000000000000000000000 --------------..............0000000000000000000000000000 $$$$$$$$$$$$$$$$$$$$$$$$$$$$ INT 11111122223333444444445555E 0000113333333355667788889955R0011222233333333555577778822ES,,,,,,,,,,,,,,,,,,,,,,,,,,,,1122222233446677777788889911T00000000111111444455557788000000000011555566666666888800............................00000000222222226666777788000000000033335555555555558800 $$$$$$$$$$$$$$$ TO 22222222222222T ,,,,,,,,,,,,,,A 666666666666665L124444444555663033444456777785,,,,,,,,,,,,,,,001123355789993000003567789994000023355666776...............000000225557788000000000555588 Total $ 28,455,000.00 $ 9,136,231.25 $ 37,591,231.25 15 Durbin Crossing Amortization Schedule Community Development District Series 2017A-2, Special Assessment Refunding Bonds (Combined) DATE BALANCE PRINCIPAL 00000000000000111111111111111111111111111155555555555555////////////////////////////00000000000000000000000000001111111111111111111111111111////////////////////////////22222222222223333333333333330011223334444555566667778899 $$$$$$$$$$$$$$$$$$$$$$$$$$$$ 1111111122222222223333 ,,,,,,,,,,,,,,,,,,,,,, 001111113344556666889933669900111122333377778899991122220000000000555555555555000055,,,,,,,,,,,,,,,,,,,,,,,,,,,,000000000000000000000000000000000000000000000000000000000000000000000000000000000000 $$$$$$$$$$$$$$$$$$$$$$$$$$$$ 111112222222330012245567788900005555555555,,,,,,,,,,,,,,000000000000000000000000000000000000000000..............0000000000000000000000000000 -------------- $$$$$$$$$$$$$$$$$$$$$$$$$$$$ INTE R 11223344445555667777888888 E0000113333445555557777889999S,,,,,,,,,,,,,,,,,,,,,,,,,,,,1133334466666677777788888800T00113333445555555588889999660000001111333333666677778822............................00000022222222555577777777550000000000555555555555555500 $$$$$$$$$$$$$$$$$$$$$$$$$$$$ TOT A 333333333333334L222222222333333001114668888899,,,,,,,,,,,,,,,001122445677799033445555668899000011122333367...............000022225557777000000055555555 ------------- Total $ 3,190,000.00 $ 1,508,325.00 $ 5,044,237.50 16 Durbin Crossing Community Development District Capital Reserve Fund Adopted Actual YTD Projected Projected Adopted Description FY 2023 Budget Thru 7/31/23 Next 2 Months Thru 9/30/23 FY 2024 Budget Revenues Capital Reserve ICMmairsprcayecl Ftla oFnreeweosuarsd R STeuvrreapnnlusufese/rI nInterest Income $$$$ 1,3 9 15904,,, 306 -203208 $$$$ 1,5 3 25 1 849,,,,746656377758 $$$$ 5,0 ---00 $$$$ 1,5 335 1844,,,,746656377758 $$$$ 1 , 21 510800 ,,, 800 -100100 Total Revenues $ 1,463,960 $ 1,624,537 $ 5,000 $ 1,629,537 $ 1,368,811 Expenditures CRaeppiatiarl aOnudt lRaeyplacement $$ 110500,,000000 $$ 120155,,341124 $$ 2255,,000000 $$ 123400,,341124 $$ 130000,,000000 Total Expenditures $ 250,000 $ 320,726 $ 50,000 $ 370,726 $ 400,000 EXCESS REVENUES / (EXPENDITURES) $ 1,213,960 $ 1,303,811 $ (45,000) $ 1,258,811 $ 968,811 Reserve Study* Update 2023 through 2051 Description FY 2023 FY 2024 FY 2025 FY 2026 FY 2027 IICPEEVBnmrxonaetopgrdnpeiiejitranaenrnecncngidstbtci BeitnFeut dIgauetn liePrBaocseenanosrlcsma Beneucdeget $$$$$$$$ 111 ( ,,, 2353 ( 0354 252 138 84950,,,,,,,,788466071156370201775806)) $$$$$$$$ 11 ( ,, 034 19 ( 014 10603300850,,,,,,, 8800800 -11001000000100)) $$$$$$ 11 (NN ,, 0112 // 14287AA37433,,,,,68348 -1933806341) $$$$$$ 11 NN( ,, 1312 // 46390AA67215,,,,,06096 -7973336575) $$$$$$ 11NN ( ,, //3423 AA 0630966707 ,,,,, 03367 -2759935659) * Refer to Durbin Crossing CDD Reserve Study Re #7776 Page 4-1 of PDF 17