Stoneybrook South at ChampionsGate Community Development District
Proposed Budget FY 2023

Table of Contents

1		General Fund	

2-7	
	General Fund Narrative	

8	
	Capital Reserve Fund	

9	
	Debt Service Fund Series 2017	

10	
	Amortization Schedule Series 2017	

11	
	Debt Service Fund Series 2019	

12	
	Amortization Schedule Series 2019	

13	
	Debt Service Fund Series 2020	

14	
	Amortization Schedule Series 2020	

Stoneybrook South at ChampionsGate
Community Development District

		Fiscal Year 2023 General Fund		
	Adopted Budget
FY2022	Actual Thru
2/28/22	Projected Next 7
Months	Total Thru
9/30/22	Proposed Budget
FY2023	

Revenues						
Special Assessments - Tax Roll	$747,005	$666,344	$80,661	$747,005	$747,005	
Special Assessments - Direct Billed	$128,370	$128,370	$0	$128,370	$128,370	
Carry Forward Surplus	$189,927	$0	$118,985	$118,985	$0	
Total Revenues	$1,065,302	$794,714	$199,646	$994,360	$875,376	

Expenditures						
Administrative						
Supervisor Fees	$12,000	$1,200	$2,600	$3,800	$12,000	
FICA Expense	$918	$92	$199	$291	$918	
Engineering	$12,000	$1,045	$18,000	$19,045	$12,000	
Attorney	$25,000	$2,926	$12,074	$15,000	$25,000	
Dissemination	$11,000	$4,583	$6,417	$11,000	$14,000	
Arbitrage	$900	$450	$450	$900	$1,350	
Annual Audit	$5,118	$0	$4,450	$4,450	$5,675	
Trustee Fees	$13,500	$8,620	$4,310	$12,930	$17,240	
Assessment Administration	$5,000	$5,000	$0	$5,000	$5,000	
Management Fees	$35,000	$14,583	$20,417	$35,000	$36,750	
Information Technology	$1,050	$438	$613	$1,050	$1,300	
Website Maintenance	$600	$250	$350	$600	$800	
Telephone	$300	$0	$25	$25	$300	
Postage	$1,000	$57	$293	$350	$1,000	
Printing & Binding	$1,000	$59	$291	$350	$1,000	
Insurance	$5,950	$5,570	$0	$5,570	$6,700	
Legal Advertising	$2,500	$0	$5,000	$5,000	$2,500	
Other Current Charges	$1,000	$200	$300	$500	$1,000	
Office Supplies	$625	$1	$24	$25	$625	
Property Appraiser	$350	$0	$576	$576	$600	
Property Taxes	$0	$344	$0	$344	$350	
Dues, Licenses & Subscriptions	$175	$175	$0	$175	$175	
Total Administrative	$134,986	$45,593	$76,387	$121,981	$146,283	

Operations & Maintenance						

Field Services	$15,000	$6,250	$8,750	$15,000	$15,750	
Property Insurance	$6,050	$5,658	$0	$5,658	$6,800	
Electric	$38,580	$630	$1,155	$1,785	$39,600	
Streetlights	$71,200	$29,975	$40,995	$70,970	$123,400	
Water & Sewer	$75,000	$29,331	$42,329	$71,660	$94,500	
Landscape Maintenance	$218,369	$86,820	$121,548	$208,369	$264,377	
Landscape Contingency	$15,000	$0	$7,500	$7,500	$15,000	
Irrigation Repairs	$15,000	$8,530	$8,470	$17,000	$20,000	
Lake Maintenance	$5,000	$1,925	$2,790	$4,715	$7,020	
Mitigation Monitoring & Maintenance	$7,100	$6,570	$6,635	$13,205	$13,760	
Contingency	$5,000	$0	$2,500	$2,500	$5,000	
Repairs & Maintnenance	$10,000	$0	$5,000	$5,000	$10,000	
Transfer Out - Capital Reserve	$449,017	$449,017	$0	$449,017	$113,886	
Total Operations & Maintenance	$930,316	$624,707	$247,672	$872,379	$729,093	
						
Total Expenditures	$1,065,302	$670,300	$324,060	$994,360	$875,376	
						
Excess Revenues/(Expenditures)	$0	$124,414	($124,414)	$0	($0)	

Net Assessment	$875,375	
Collection Cost (6%)	$55,875	
Gross Assessment	$931,250	

Property Type	Units	Gross Per Unit	Gross Total	
Condo	200	$343	$68,592	
Townhome	374	$446	$166,744	
Single Family 40'	353	$549	$193,698	
Single Family 50'	397	$686	$272,302	
Single Family 60'	186	$823	$153,093	
Single Family 80'	70	$1,097	$76,821	
Total	1580		$931,250	

Stoneybrook South at ChampionsGate
Community Development District
GENERAL FUND BUDGET

REVENUES:

Special Assessments

The District will levy a non-ad valorem special assessment on all the assessment property within the District in order to pay for the operating expenditures during the fiscal year.

EXPENDITURES:

Administrative:

Supervisors Fees

Chapter 190, Florida Statutes, allows for each Board member to receive $200 per meeting, not to exceed $4,800 per year paid to each Supervisor for the time devoted to District business and meetings. The amount is based on 5 supervisors attending 12 meetings during the fiscal year.

FICA Expense

Represents the Employer’s share of Social Security and Medicare taxes withheld from Board of Supervisor checks.

Engineering

The District's engineer, Hamilton Engineering & Surveying, Inc., will be providing general engineering services to the District, e.g. attendance and preparation for monthly board meetings, review invoices, preparation and review of contract specifications and bid documents and various projects assigned as directed by the Board of Supervisors and the District Manager.

Attorney

The District's legal counsel, Latham, Shuker, Eden & Beaudine, will be providing general legal services to the District, e.g. attendance and preparation for board monthly meetings, preparation and review of agreements, resolutions and other research as directed by the Board of Supervisors and the District Manager.

Dissemination

The District is required by the Security and Exchange Commission to comply with Rule 15c2- 12(b)(5) which relates to additional reporting requirements for unrated bond issues. The District has contracted with Governmental Management Services-Central Florida, LLC for this service on the Series 2017 Special Assessment Bonds, the Series 2019 Special Assessments Bonds and the Series 2020 Special Assessment Bonds Fox South Assessment Area. District expects to issue a new bond issuance before end of FY2021.

Stoneybrook South at ChampionsGate
Community Development District
GENERAL FUND BUDGET

Arbitrage

The District will contract with an independent certified public accountant to annually calculate the District’s Arbitrage Rebate Liability on the Series 2019 Special Assessment Bonds and Series 2020 Special Assessment Bonds (Fox South Assessment Area). The District has contracted with AMTEC Corporation for this service. District expects to issue a new bond issuance before end of FY2021.

Annual Audit

The District is required annually to conduct an audit of its financial records by an Independent Certified Public Accounting Firm if State requirements have been met. The District currently contracts Berger, Toombs, Elam, Gaines & Frank for this service.

Trustee Fees

The District will pay annual trustee fees for the Series 2017, Series 2019 Special Assessment Bonds and Series 2020 Special Assessment Bonds (Fox South Assessment Area) that are located with a Trustee at USBank. District expects to issue a new bond issuance before end of of FY2021.

Assessment Administration

The District has contracted with Governmental Management Services-Central Florida, LLC to levy and administer the collection of non-ad valorem assessment on all assessable property within the District.

Management Fees

The District will be contracting with Governmental Management Services-Central Florida, LLC to provide Management, Accounting and Recording Secretary Services for the District. The services include, but are not limited to, recording and transcription of board meetings, administrative services, budget preparation, all financial reports, annual audits, etc.

Information Technology

The District has contracted with Governmental Management Services-Central Florida, LLC for costs related to District’s information systems, which include but are not limited to video conferencing services, cloud storage services and servers, security, accounting software, etc.

Website Maintenance

The District has contracted with Governmental Management Services-Central Florida, LLC for 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.

Postage

Mailing of Board meeting agenda packages, overnight deliveries, correspondence, etc.

Stoneybrook South at ChampionsGate
Community Development District
GENERAL FUND BUDGET

Printing & Binding

Printing and Binding agenda packages for board meetings, printing of computerized checks, stationary, envelopes. Photocopies and other printed material.

Insurance

The District’s general liability, public officials liability and property insurance coverages. The coverage is provided by 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 in a newspaper of general circulation.

Other Current Charges

Bank charges and any other miscellaneous expenses incurred during the year.

Office Supplies

Miscellaneous office supplies.

Property Appraiser

Represents a fee charged by Osceola County Property Appraiser’s office for assessment administration services.

Property Taxes

Represents the non-ad valorem assessment from Osceola County that will be charged to the District.

Dues, Licenses & Subscriptions

The District is required to pay an annual fee to the Florida Department of Economic Opportunity for
$175. This is the only expense under this category for the District.

Operations & Maintenance:

Field Services

Provide onsite field management of contracts for the District such as landscape and lae maintenance. Services to include onsite inspections, meetings with contractors, monitoring of utility accounts, attend Board meetings and receive and respond to property owner phone calls and emails.

Stoneybrook South at ChampionsGate
Community Development District
GENERAL FUND BUDGET

Property Insurance

Represents estimated costs for the annual coverage of property insurance. Coverage will be provided by Florida Insurance Alliance (FIA). FIA specializes in providing insurance coverage to governmental agencies.

Electric

Represents cost of electric services for items such as entrance lights, irrigation, etc. District currently has two accounts with Duke Energy.

Account #	Description	Monthly	Annual	
9100 8577 8408	1521 Olympic Club Blvd, Entrance Lights	$50	$600	
9100 8581 1139	60401 Whistling Straits Blvd, Gate	$75	$900	
9100 8581 2255	90191 Leopard Creek Drive, Irrigation	$25	$300	
	Contingency - 8 Fountains			$37,800 	
Total			$39,600	

Streetlights

Represents costs for streetlights maintained with the District. Currently the District has 7 accounts with Duke Energy and is projected to have at least one more come on line in the fiscal year.

Account #	Description	Monthly	Annual	
9100 8577 8680	000 Tri County Rd, N Parcel Entry	$850	$10,200	
9100 8581 2560	0000 Whistling Straits Blvd Lite	$1,475	$17,700	
9100 8577 8185	000 Westside Blvd Lite, SB Tract K SL	$565	$6,780	
9100 8577 8911	0 Westside Blvd Lite, Fox Prop West Blvd SL	$855	$10,260	
9100 8581 1402	000 Bella Citta Blvd Lite	$665	$7,980	
9100 8581 1600	000 Westside Blvd Lite, SS Tract K PH3 SL	$590	$7,080	
9100 8581 1874	000 Westside Blvd Lite, SS Tract K PH2 SL	$610	$7,320	
9100 8581 2099	00000 Westside Blvd Lite Fox Prop PH2C1	$1,390	$16,680	
	Fox North/X Tract - 91 Streetlights	$2,450	$29,400	
	Contingency			$10,000 	
Total			$123,400	

Water & Sewer

Represents estimated reclaimed water cost. District currently has two accounts with Toho Water Authority and is projected to have more come online in the fiscal year.

Account #	Description	Monthly	Annual	
2627512-33111069	1500 Olympic Club Blvd. Meter A	$2,650	$31,800	
2627512-33169919	1000 Whistling Straits Blvd Block	$75	$900	
2627512-33254859	1000 Westside Block ODD Blvd 2" RM	$3,300	$39,600	
2627512-33319269	8703 Bella Cita Blvd	$100	$1,200	
	Contingency			$21,000 	
Total			$94,500	

Stoneybrook South at ChampionsGate
Community Development District
GENERAL FUND BUDGET

Landscape Maintenance

The District will maintain the landscaping within Tract K area of the District. The District has contracted with Down to Earth Lawncare II, Inc. for this service.

Description	Monthly	Annual	
Landscape Maintenance			
Tract K	$3,170	$38,040	
North Whistling Straits	$5,339	$64,068	
Baxter Tract	$813	$9,750	
Phase 1 - Westside Blvd	$3,043	$36,512	
Fox Property Ph5 Pond 1	$391	$4,692	
Fox Property Ph5 Pond 2	$2,495	$29,937	
Fox Property Ph5 Pond 4	$912	$10,945	
Fox Property Ph5 Pond 6	$858	$10,295	
Fox Property Ph5 Pond 7	$344	$4,129	
Fox North (FY23)	$1,621	$19,452	
Westside Blvd Fox North (FY23)	$247	$2,968	
Westside Blvd Tract X (FY23)	$390	$4,680	
Fox Tract X (FY23)	$1,534	$18,408	
Contingency			$10,500 	
Total		$264,377	

Landscape Contingency

Represents costs for installation of annuals, mulch and any other landscape expenses not covered under monthly landscape contract.

Description	Quarterly	Annual	
Landscape Contingency			
Annuals	$825	$3,300	
Mulch		$5,500	
Contingency			$6,200 	
Total		$15,000	

Irrigation Repairs

Represents estimated costs for any supplies and repairs to irrigation system maintained by the District.

Stoneybrook South at ChampionsGate
Community Development District
GENERAL FUND BUDGET

Lake Maintenance

Represents costs for maintenance of 7 ponds located within the District. The District has contracted with The Lake Docotors Inc. for this service.

Description	Monthly	Annual	
Pond Maintenance - 7 Ponds	$404	$4,848	
X Tract Pond	$160	$1,920	
Contingency			$252 	
Total		$7,020	

Mitigation Monitoring & Maintenance

Represents estimated costs for environmental monitoring, reporting and maintenance of mitigation areas within the District boundaries. The Disrict has contracted with Bio-Tech Consulting, Inc. for the mitigation monitoring and maintenance and American Ecosystems, Inc. for the cogon grass treatments.

Description	Annual	
Semi-Annual Monitoring - $1,000 per event	$2,000	
Annual Mitigation Monitoring	$1,600	
Quarterly Maintenance - Mitigation Areas - $875 per event		$3,500 	
Total	$7,100	

Description	Monthly	Annual	
Cogon Grass Treatment
Total	$555		$6,660 
$6,660	

Contingency

Represents any additional field expense that may not have been provided for in the budget.

Repairs & Maintenance

Represents estimated costs for any repairs and maintenance to common areas maintained by the District.

Transfer Out – Capital Reserve

Represents excess revenue transferred to Capital Reserve fund for capital outlay expenses.

Stoneybrook South at ChampionsGate
Community Development District

Fiscal Year 2022 Capital Reserve Fund

	Adopted
Budget	Actual
Thru	Projected
Next 7	Total
Thru	Proposed
Budget	
	FY2022	2/28/22	Months	9/30/22	FY2023	

Revenues						
Interest	$0	$107	$240	$347	$250	
Transfer In	$449,017	$449,017	$0	$449,017	$113,886	
Total Revenues	$449,017	$449,124	$240	$449,364	$114,136	

Expenditures						
Capital Outlay	$77,075	$38,538	$38,538	$77,075	$127,341	
Total Expenditures	$77,075	$38,538	$38,538	$77,075	$127,341	
						
Excess Revenues/(Expenditures)	$371,942	$410,587	($38,298)	$372,289	($13,205)	
						
Fund Balance - Beginning	$0	$0	$0	$0	$372,289	
						
Fund Balance - Ending	$0	$410,587	($38,298)	$372,289	$359,084	

FY2022 Adopted Expenses	
Description	Amount	
Purchase & Installation of Fountains	
Pond 1 Fountain	$	24,456	
Pond 3 Fountain	$	28,163	
Pond Bella Citta Fountain	$	24,456	
Total	$	77,075	

FY2023 Proposed Expenses	
Description	Amount	
Purchase & Installation of Fountains	
Pond 2 Fountain	$	27,249	
Pond 4 Fountain	$	28,162	
Pond 5 Fountain	$	22,893	
Pond 6 Fountain	$	23,934	
Pond 10 Fountain	$	25,104	
Total	$	127,341	

Stoneybrook South at ChampionsGate
Community Development District

		Fiscal Year 2023 Debt Service Fund Series 2017		
	Adopted
Budget FY2022	Actual
Thru 2/28/22	Projected
Next 7 Months	Total
Thru 9/30/22	Proposed
Budget FY2023	

Revenues						
Special Assessments	$301,800	$269,604	$32,196	$301,800	$301,800	
Interest Income	$0	$8	$10	$18	$0	
Carry Forward Surplus	$212,908	$215,132	$0	$215,132	$219,925	
Total Revenues	$514,708	$484,743	$32,206	$516,950	$521,725	

Expenses						
Interest - 12/15	$104,300	$104,300	$0	$104,300	$102,725	
Principal - 12/15	$90,000	$90,000	$0	$90,000	$95,000	
Interest - 6/15	$102,725	$0	$102,725	$102,725	$101,063	
Total Expenditures	$297,025	$194,300	$102,725	$297,025	$298,788	
						
Excess Revenues/(Expenditures)	$217,683	$290,443	($70,519)	$219,925	$222,937	
				
Principal - 12/15/2023	
$95,000	
				Interest - 12/15/2023		$101,063 	
				Total		$196,063 	
				
Net Assessment	
$301,800	
				Collection Cost (6%)	$19,264	
				Gross Assessment	$321,064	
						
		Property Type	Units	Gross Per Unit	Gross Total	
		Single Family 50'	79	$1,406	$111,074	
		Single Family 60'	97	$1,510	$146,470	
		Single Family 80'	37	$1,719	$63,603	
		Total	213		$321,147	

Stoneybrook South at ChampionsGate Community Development District Series 2017, Special Assessment Bonds
(Term Bonds Combined)

Amortization Schedule

Date	Balance	Principal	Interest	Annual

6/15/22	$ 4,390,000	$	
12/15/22	$ 4,390,000	$	95	
6/15/23	$ 4,295,000	$	
12/15/23	$ 4,295,000	$	95	
6/15/24	$ 4,200,000	$	
12/15/24	$ 4,200,000	$	100	
6/15/25	$ 4,100,000	$	
12/15/25	$ 4,100,000	$	105	
6/15/26	$ 3,995,000	$	
12/15/26	$ 3,995,000	$	110	
6/15/27	$ 3,885,000	$	
12/15/27	$ 3,885,000	$	115	
6/15/28	$ 3,770,000	$	
12/15/28	$ 3,770,000	$	120	
6/15/29	$ 3,650,000	$	
12/15/29	$ 3,650,000	$	125	
6/15/30	$ 3,525,000	$	
12/15/30	$ 3,525,000	$	130	
6/15/31	$ 3,395,000	$	
12/15/31	$ 3,395,000	$	135	
6/15/32	$ 3,260,000	$	
12/15/32	$ 3,260,000	$	140	
6/15/33	$ 3,120,000	$	
12/15/33	$ 3,120,000	$	145	
6/15/34	$ 2,975,000	$	
12/15/34	$ 2,975,000	$	155	
6/15/35	$ 2,820,000	$	
12/15/35	$ 2,820,000	$	160	
6/15/36	$ 2,660,000	$	
12/15/36	$ 2,660,000	$	170	
6/15/37	$ 2,490,000	$	
12/15/37	$ 2,490,000	$	175	
6/15/38	$ 2,315,000	$	
12/15/38	$ 2,315,000	$	185	
6/15/39	$ 2,130,000	$	
12/15/39	$ 2,130,000	$	195	
6/15/40	$ 1,935,000	$	
12/15/40	$ 1,935,000	$	200	
6/15/41	$ 1,735,000	$	
12/15/41	$ 1,735,000	$	215	
6/15/42	$ 1,520,000	$	
12/15/42	$ 1,520,000	$	225	
6/15/43	$ 1,295,000	$	
12/15/43	$ 1,295,000	$	235	
6/15/44	$ 1,060,000	$	
12/15/44	$ 1,060,000	$	245	
6/15/45	$	815,000	$	
12/15/45	$	815,000	$	260	
6/15/46	$	555,000	$	
12/15/46	$	555,000	$	270	
6/15/47	$	285,000	$	
12/15/47	$	285,000	$	285	

$	102,725.00	$	-	
$	102,725.00	$	300,450.00	
$	101,062.50	$	-	
$	101,062.50	$	297,125.00	
$	99,400.00	$	-	
$	99,400.00	$	298,800.00	
$	97,400.00	$	-	
$	97,400.00	$	299,800.00	
$	95,300.00	$	-	
$	95,300.00	$	300,600.00	
$	93,100.00	$	-	
$	93,100.00	$	301,200.00	
$	90,800.00	$	-	
$	90,800.00	$	301,600.00	
$	88,400.00	$	-	
$	88,400.00	$	301,800.00	
$	85,509.38	$	-	
$	85,509.38	$	301,018.75	
$	82,503.13	$	-	
$	82,503.13	$	300,006.25	
$	79,381.25	$	-	
$	79,381.25	$	298,762.50	
$	76,143.75	$	-	
$	76,143.75	$	297,287.50	
$	72,790.63	$	-	
$	72,790.63	$	300,581.25	
$	69,206.25	$	-	
$	69,206.25	$	298,412.50	
$	65,506.25	$	-	
$	65,506.25	$	301,012.50	
$	61,575.00	$	-	
$	61,575.00	$	298,150.00	
$	57,528.13	$	-	
$	57,528.13	$	300,056.25	
$	53,250.00	$	-	
$	53,250.00	$	301,500.00	
$	48,375.00	$	-	
$	48,375.00	$	296,750.00	
$	43,375.00	$	-	
$	43,375.00	$	301,750.00	
$	38,000.00	$	-	
$	38,000.00	$	301,000.00	
$	32,375.00	$	-	
$	32,375.00	$	299,750.00	
$	26,500.00	$	-	
$	26,500.00	$	298,000.00	
$	20,375.00	$	-	
$	20,375.00	$	300,750.00	
$	13,875.00	$	-	
$	13,875.00	$	297,750.00	
$	7,125.00	$	-	
$	7,125.00	$	299,250.00	

-

,000
-

,000
-
,000
-
,000
-
,000
-
,000
-
,000
-
,000
-
,000
-
,000
-
,000
-
,000
-
,000
-
,000
-
,000
-
,000
-
,000
-
,000
-
,000
-
,000
-
,000
-
,000
-
,000
-
,000
-
,000
-
,000

Totals	$	4,390,000  $	3,403,163  $  7,793,162.50

Stoneybrook South at ChampionsGate
Community Development District

		Fiscal Year 2023 Debt Service Fund Series 2019		
	Adopted Budget
FY2022	Actual Thru
2/28/22	Projected Next 7
Months	Total Thru
9/30/22	Proposed Budget
FY2023	

Revenues						
Special Assessments	$899,894	$802,374	$97,520	$899,894	$899,894	
Interest Income	$0	$19	$11	$30	$0	
Carry Forward Surplus	$341,611	$347,896	$0	$347,896	$347,383	
Total Revenues	$1,241,505	$1,150,289	$97,531	$1,247,821	$1,247,277	

Expenses						
Interest - 12/15	$315,219	$315,219	$0	$315,219	$310,494	
Principal - 6/15	$270,000	$0	$270,000	$270,000	$280,000	
Interest - 6/15	$315,219	$0	$315,219	$315,219	$310,494	
Total Expenditures	$900,438	$315,219	$585,219	$900,438	$900,988	
						
Excess Revenues/(Expenditures)	$341,067	$835,070	($487,687)	$347,383	$346,289	
				
Interest - 12/15/2023	
	$305,594 	
				Total		$305,594 	
				
Net Assessment	
$899,894	
				Collection Cost (6%)	$57,440	
				Gross Assessment	$957,334	
						
		Property Type	Units	Gross Per Unit	Gross Total	
		Condo	80	$989	$79,120	
		Townhome	214	$1,094	$234,116	
		Single Family 40'	207	$1,302	$269,514	
		Single Family 50'	173	$1,406	$243,238	
		Single Family 60'	54	$1,510	$81,540	
		Single Family 80'	29	$1,719	$49,851	
		Total	757		$957,379	

Stoneybrook South at ChampionsGate Community Development District Series 2019, Special Assessment Bonds
(Term Bonds Combined)

Amortization Schedule

Date	Balance	Principal	Interest	Annual

6/15/49

$	875,000

,000

6/15/22	$ 14,220,000	$	270	
12/15/22	$ 13,950,000	$	
6/15/23	$ 13,950,000	$	280	
12/15/23	$ 13,670,000	$	
6/15/24	$ 13,670,000	$	290	
12/15/24	$ 13,380,000	$	
6/15/25	$ 13,380,000	$	300	
12/15/25	$ 13,080,000	$	
6/15/26	$ 13,080,000	$	315	
12/15/26	$ 12,765,000	$	
6/15/27	$ 12,765,000	$	330	
12/15/27	$ 12,435,000	$	
6/15/28	$ 12,435,000	$	340	
12/15/28	$ 12,095,000	$	
6/15/29	$ 12,095,000	$	355	
12/15/29	$ 11,740,000	$	
6/15/30	$ 11,740,000	$	370	
12/15/30	$ 11,370,000	$	
6/15/31	$ 11,370,000	$	385	
12/15/31	$ 10,985,000	$	
6/15/32	$ 10,985,000	$	405	
12/15/32	$ 10,580,000	$	
6/15/33	$ 10,580,000	$	420	
12/15/33	$ 10,160,000	$	
6/15/34	$ 10,160,000	$	440	

$	315,218.75	$	-	
$	310,493.75	$	895,712.50	
$	310,493.75	$	-	
$	305,593.75	$	896,087.50	
$	305,593.75	$	-	
$	300,518.75	$	896,112.50	
$	300,518.75	$	-	
$	294,518.75	$	895,037.50	
$	294,518.75	$	-	
$	288,218.75	$	897,737.50	
$	288,218.75	$	-	
$	281,618.75	$	899,837.50	
$	281,618.75	$	-	
$	274,818.75	$	896,437.50	
$	274,818.75	$	-	
$	267,718.75	$	897,537.50	
$	267,718.75	$	-	
$	260,318.75	$	898,037.50	
$	260,318.75	$	-	
$	251,656.25	$	896,975.00	
$	251,656.25	$	-	
$	242,543.75	$	899,200.00	
$	242,543.75	$	-	
$	233,093.75	$	895,637.50	
$	233,093.75	$	-	
$	223,193.75	$	896,287.50	
$	223,193.75	$	-	
$	212,843.75	$	896,037.50	
$	212,843.75	$	-	
$	201,931.25	$	899,775.00	
$	201,931.25	$	-	
$	190,568.75	$	897,500.00	
$	190,568.75	$	-	
$	178,643.75	$	899,212.50	
$	178,643.75	$	-	
$	166,268.75	$	894,912.50	
$	166,268.75	$	-	
$	152,856.25	$	899,125.00	
$	152,856.25	$	-	
$	138,865.63	$	896,721.88	
$	138,865.63	$	-	
$	124,181.25	$	898,046.88	
$	124,181.25	$	-	
$	108,803.13	$	897,984.38	
$	108,803.13	$	-	
$	92,731.25	$	896,534.38	
$	92,731.25	$	-	
$	75,850.00	$	898,581.25	
$	75,850.00	$	-	
$	58,159.38	$	899,009.38	
$	58,159.38	$	-	
$	39,659.38	$	897,818.75	
$	39,659.38	$	-	
$	20,234.38	$	899,893.75	
$	20,234.38	$	895,234.38	

-
,000
-
,000
-
,000
-
,000
-
,000
-
,000
-
,000
-
,000
-
,000
-
,000
-
,000
-
,000

12/15/34	$ 9,720,000	$	
6/15/35	$ 9,720,000	$	460	
12/15/35	$ 9,260,000	$	
6/15/36	$ 9,260,000	$	485	
12/15/36	$ 8,775,000	$	
6/15/37	$ 8,775,000	$	505	
12/15/37	$ 8,270,000	$	
6/15/38	$ 8,270,000	$	530	
12/15/38	$ 7,740,000	$	
6/15/39	$ 7,740,000	$	550	
12/15/39	$ 7,190,000	$	
6/15/40	$ 7,190,000	$	580	
12/15/40	$ 6,610,000	$	
6/15/41	$ 6,610,000	$	605	
12/15/41	$ 6,005,000	$	
6/15/42	$ 6,005,000	$	635	
12/15/42	$ 5,370,000	$	
6/15/43	$ 5,370,000	$	665	
12/15/43	$ 4,705,000	$	
6/15/44	$ 4,705,000	$	695	
12/15/44	$ 4,010,000	$	
6/15/45	$ 4,010,000	$	730	
12/15/45	$ 3,280,000	$	
6/15/46	$ 3,280,000	$	765	
12/15/46	$ 2,515,000	$	
6/15/47	$ 2,515,000	$	800	
12/15/47	$ 1,715,000	$	
6/15/48	$ 1,715,000	$	840	
12/15/48	$	875,000	$	

-
,000
-
,000
-
,000
-
,000
-
,000
-
,000
-
,000
-
,000
-
,000
-
,000
-
,000
-
,000
-
,000
-
,000
-
$	875,000

Totals	$	14,220,000  $	10,907,025  $ 25,127,025.00

Stoneybrook South at ChampionsGate
Community Development District

		Fiscal Year 2023 Debt Service Fund Series 2020		
	Proposed Budget
FY2022	Actual Thru
2/28/22	Projected Next 7
Months	Total Thru
9/30/22	Proposed Budget
FY2023	

Revenues						
Special Assessments - Tax Roll	$393,776	$351,660	$42,116	$393,776	$393,776	
Special Assessments - Direct Billed	$308,787	$308,787	$0	$308,787	$308,787	
Interest Income	$0	$19	$19	$38	$0	
Carry Forward Surplus	$133,233	$484,361	$0	$484,361	$487,023	
Total Revenues	$835,796	$1,144,827	$42,135	$1,186,963	$1,189,587	

Expenses						
Interest - 12/15	$219,119	$219,119	$0	$219,119	$215,806	
Principal - 12/15	$265,000	$265,000	$0	$265,000	$270,000	
Interest - 6/15	$215,806	$0	$215,806	$215,806	$212,431	
Transfer Out	$0	$7	$7	$14	$0	
Total Expenditures	$699,925	$484,126	$215,813	$699,939	$698,238	
						
Excess Revenues/(Expenditures)	$135,871	$660,701	($173,678)	$487,023	$491,349	
				
Principal - 12/15/2023	
$275,000	
				Interest - 12/15/2023		$212,431 	
				Total		$487,431 	
				
Net Assessment	
$702,564	
				Collection Cost (6%)	$44,844	
				Gross Assessment	$747,408	
						
		Property Type	Units	Gross Per Unit	Gross Total	
		Condo	120	$989	$118,680	
		Townhome	160	$1,094	$175,040	
		Single Family 40'	146	$1,302	$190,092	
		Single Family 50'	145	$1,406	$203,870	
		Single Family 60'	35	$1,510	$52,850	
		Single Family 80'	4	$1,719	$6,876	
		Total	610		$747,408	

Stoneybrook South at ChampionsGate
Series 2020, Special Assessment Bonds (Fox South Assessment Area) (Term Bonds Combined)

Amortization Schedule

al

Interest

Annual

12/15/50	$

675,000

-

Date	Balance	Princip	
6/15/22	$ 12,465,000	$	
12/15/22	$ 12,465,000	$	270	
6/15/23	$ 12,195,000	$	
12/15/23	$ 12,195,000	$	275	
6/15/24	$ 11,920,000	$	
12/15/24	$ 11,920,000	$	280	
6/15/25	$ 11,640,000	$	
12/15/25	$ 11,640,000	$	290	
6/15/26	$ 11,350,000	$	
12/15/26	$ 11,350,000	$	295	
6/15/27	$ 11,055,000	$	
12/15/27	$ 11,055,000	$	305	
6/15/28	$ 10,750,000	$	
12/15/28	$ 10,750,000	$	315	
6/15/29	$ 10,435,000	$	
12/15/29	$ 10,435,000	$	325	
6/15/30	$ 10,110,000	$	
12/15/30	$ 10,110,000	$	335	

$	215,806.25	$	-	
$	215,806.25	$	701,612.50	
$	212,431.25	$	-	
$	212,431.25	$	699,862.50	
$	208,993.75	$	-	
$	208,993.75	$	697,987.50	
$	205,493.75	$	-	
$	205,493.75	$	700,987.50	
$	201,868.75	$	-	
$	201,868.75	$	698,737.50	
$	197,443.75	$	-	
$	197,443.75	$	699,887.50	
$	192,868.75	$	-	
$	192,868.75	$	700,737.50	
$	188,143.75	$	-	
$	188,143.75	$	701,287.50	
$	183,268.75	$	-	
$	183,268.75	$	701,537.50	
$	178,243.75	$	-	
$	178,243.75	$	701,487.50	
$	172,206.25	$	-	
$	172,206.25	$	699,412.50	
$	165,993.75	$	-	
$	165,993.75	$	701,987.50	
$	159,518.75	$	-	
$	159,518.75	$	699,037.50	
$	152,868.75	$	-	
$	152,868.75	$	700,737.50	
$	145,956.25	$	-	
$	145,956.25	$	701,912.50	
$	138,781.25	$	-	
$	138,781.25	$	697,562.50	
$	131,431.25	$	-	
$	131,431.25	$	697,862.50	
$	123,818.75	$	-	
$	123,818.75	$	697,637.50	
$	115,943.75	$	-	
$	115,943.75	$	701,887.50	
$	107,718.75	$	-	
$	107,718.75	$	700,437.50	
$	98,625.00	$	-	
$	98,625.00	$	702,250.00	
$	89,156.25	$	-	
$	89,156.25	$	698,312.50	
$	79,406.25	$	-	
$	79,406.25	$	698,812.50	
$	69,281.25	$	-	
$	69,281.25	$	698,562.50	
$	58,781.25	$	-	
$	58,781.25	$	697,562.50	
$	47,906.25	$	-	
$	47,906.25	$	700,812.50	
$	36,562.50	$	-	
$	36,562.50	$	698,125.00	
$	24,843.75	$	-	
$	24,843.75	$	699,687.50	
$	12,656.25	$	-	
$	12,656.25	$	700,312.50	

,000
-
,000
-
,000
-
,000
-
,000
-
,000
-
,000
-
,000
-
,000

6/15/31	$ 9,775,000	$	
12/15/31	$ 9,775,000	$	345	
6/15/32	$ 9,430,000	$	
12/15/32	$ 9,430,000	$	355	
6/15/33	$ 9,075,000	$	
12/15/33	$ 9,075,000	$	370	
6/15/34	$ 8,705,000	$	
12/15/34	$ 8,705,000	$	380	
6/15/35	$ 8,325,000	$	
12/15/35	$ 8,325,000	$	395	
6/15/36	$ 7,930,000	$	
12/15/36	$ 7,930,000	$	410	
6/15/37	$ 7,520,000	$	
12/15/37	$ 7,520,000	$	420	
6/15/38	$ 7,100,000	$	
12/15/38	$ 7,100,000	$	435	
6/15/39	$ 6,665,000	$	
12/15/39	$ 6,665,000	$	450	
6/15/40	$ 6,215,000	$	
12/15/40	$ 6,215,000	$	470	
6/15/41	$ 5,745,000	$	
12/15/41	$ 5,745,000	$	485	
6/15/42	$ 5,260,000	$	
12/15/42	$ 5,260,000	$	505	
6/15/43	$ 4,755,000	$	
12/15/43	$ 4,755,000	$	520	
6/15/44	$ 4,235,000	$	
12/15/44	$ 4,235,000	$	540	
6/15/45	$ 3,695,000	$	
12/15/45	$ 3,695,000	$	560	
6/15/46	$ 3,135,000	$	
12/15/46	$ 3,135,000	$	580	
6/15/47	$ 2,555,000	$	
12/15/47	$ 2,555,000	$	605	
6/15/48	$ 1,950,000	$	
12/15/48	$ 1,950,000	$	625	
6/15/49	$ 1,325,000	$	
12/15/49	$ 1,325,000	$	650	
6/15/50	$	675,000	$	

-
,000
-
,000
-
,000
-
,000
-
,000
-
,000
-
,000
-
,000
-
,000
-
,000
-
,000
-
,000
-
,000
-
,000
-
,000
-
,000
-
,000
-
,000
-
,000
-
$	675,000

Totals	$	12,465,000  $	7,832,038  $ 20,297,037.50