Presented by: May 1, 2024 Bannon Lakes Community Development District Approved Budget FY 2025 1-2 3-6 7-8 9-10 11-12 13 14 Assessment Schedule Narratives Table of Contents General Fund Debt Service Fund Series 2016 Debt Service Fund Series 2021 Debt Service Fund Series 2022 Capital Reserve Fund Description AFBdYuo2dp0gt2ee4td 3A/Tc3th1ur/au2ls4 P6r MoNjoeexnctttehds P9r/oT3jhe0rc/ut2e4d AFBpYpu 2rdo0gv2ete5d REVENUES: ISSFCMnppaaiteecrseiccrclriiyeiaaetl yllFsl aAAt oRn issrneesswovceeoueassnrmsssd mmuRe eSeeeuvnnrettpssn lu--u eODsnir Recotll $ 164540,,69 3806002600 -- $ 1604 282,,,742451 14152 -- $3 668,,,061 301500100 -- $ 1645 840,,,768 3402 1042620 - $92 67,,03 3040090 --- TOTAL REVENUES $ 796,667 $ 753,423 $ 51,062 $ 804,484 $ 933,649 EXPENDITURES: Administrative IISFLPPETTAAAAOODDMMWnnuronIeiufttrrsenaefsCefsthipgsbulgsioneennosebucaAeetieisstureaptnestralrsrrit, i mgrm Tan inhAgeaLsne vSCtealeengmeeoaui gdeiaimgAuc sr ny xc n &tpRFve&Mereoiueeiaeenpe eoonrn Rrs td DnaGeBgrlenosit ieiiFtosetn eeetin mA biTnelFnnsststiade dvee ieeC&Atnsmcenierhengghs raaSaiegylnnnur nLocibgtsielesatoscrbgraiylitipitotyinons $115 111122347792231 ,,,,,,,,,,,,,,,000223678992005 145560000001257800480000700000002588005800005 - 12 11246766$,,,,,,,,12589905 13369600255646 46713557000125524 2056455670 --- 2 1123496$,,,,,,,1125570 23566980022484 356003555000555540010004660 ---- $115 11112236792261,,,,,,,,,,,,,,02256789994005 11125700001255570068 5001567000000225800282003557 $1115 111123478905786 ,,,,,,,,,,,,,,, 000135678900002 112457000022455900010055557000001257800030000059 TOTAL ADMINISTRATIVE $ 123,861 $ 70,419 $ 52,561 $ 122,979 $ 149,691 Operations & Maintenance Amenity Center Insurance $26,505 $27,475 $0 $27,475 $30,609 Utilities PEGRWhlaeeaosfctunetsrreei//cIIrnrtiegranteiot/nCable 12 6855 ,,,,0700 20300005000 1 1440,,,,016115923675 - 1 1470,,,,018816700280 - 12 2802,,,,034968265755 - 12 2855 ,,,, 470020300005000 Security SAecccuersist yC aMrodnsitoring 2 ,5 60000 744 - 600 - 670404 1 , 060000 Bannon Lakes Community Development District Approved Budget General Fund 1 Description AFBdYuo2dp0gt2ee4td 3A/Tc3th1ur/au2ls4 P6r MoNjoeexnctttehds P9r/oT3jhe0rc/ut2e4d AFBpYpu 2rdo0gv2ete5d Bannon Lakes Community Development District Approved Budget General Fund Management Contracts SFPRAOH pJJFFFFPPeiefSotaafseCpooiaaainlnnectcicccAaooed liieiCiiiidttasllPlll aroo Soiiisl CMys/tttM urrE nyyyh CB &aiiDpvtg aaeeMiAMMrpme enllmnMo tclnSIaattittlio eueaetinL ce/nsnsrirpaanin tac AaglpRdetstenedlenaienimconmenpasensantaeeisninncsrcetse/Supplies 11112347 13456702334445 ,,,,,,,,,,,,,,00458900002366 5000045000135780000000004567990 1113 112256672477,,,,,,,,,,,,001124560113 580256777900453400013448045814 - 1123 22356662779,,,,,,,,,,,01226791368 6700112770044060006678455906 -- 1112347 12355660333445,,,,,,,,,,,,,,023478900123660002349000156800000010014679 - 11112357 11457824555599 ,,,,,,,,,,,,,, 004589000001675000045002345790000000000456790 TOTAL AMENITY CENTER $ 340,710 $ 162,544 $ 155,625 $ 318,169 $ 368,466 Grounds Maintenance ISSSLLLPGROHMrtttuaaaerpyrroriknnsocmeeedirclgddeureearmpea assttMniolt mlltccR ldliiCiiaaaaoggoose lnppiWhhgenn npMeeeytta ataRo sa n RCMelaiQtu reunRioeeunaspsparpneiatannsateliicieitrnntreersyasgnvn/eaeMcnnsecciyteigation 1 $111248 245582566932 ,,,,,,,,,,,,00005 0000563 000080000012 000000000020 - 17 3457908,,,,,,,12344683567867$02349030 ----- 1 1120 12244582463,,,,,,,,,,,0034557248600002891676$000001827700 - 1 111238 12249015692,,,,,,,,,,,0015503669300008004462$000000005900 - $1 11113482 455900255978 ,,,,,,,,,,,, 000800000600 000400000140 000000000200 - TOTAL GROUNDS MAINTENANCE $ 329,012 $ 119,239 $ 185,815 $ 305,054 $ 370,492 TOTAL EXPENDITURES $ 793,583 $ 352,202 $ 394,000 $ 746,203 $ 888,649 Other Sources/(Uses) Capital Reserve ($3,084) $0 ($3,084) ($3,084) ($45,000) TOTAL OTHER SOURCES/(USES) $ (3,084) $ - $ (3,084) $ (3,084) $ (45,000) EXCESS REVENUES (EXPENDITURES) $ 0 $ 401,220 $ (346,023) $ 55,198 $ - 2 Information Technology TheDistrictprocessesall ofits financialactivities,i.e.accounts payable,financial statements,computer leased by Governmental Management Services, LLC. etc.ona mainframe Phone, internet and fax service for Office. Website Maintenance PwMeearlnlCgahesmapleitnnektr sS2et0ro1vi4uc-es2se2,f Lu,LlLCaw w aesnbodsif tueFpslodrraiedtegada,r amdllionDngitshtClryoic.mtspmliaunsctehaisvseueasw.TehbsisitewteobpsritoeviwdeilldebteaimledaiinntfaoirnmedatibonyoGnovtherenCmDeDntaasl Telephone Engineering fTohre mDoisntrthiclty's beonagridn e emrewetiilnlgps,r o rveidveiewg e noef r a ilnveonicgeins,e arnindg osethrveirc e sspteociftihcaellyD i s rteriqcut,esi.tee.da attsesnigdnamnceentsa.ndpreparation Attorney oTGuhotveleinDrenisdmt rienicn tEtarxelhcMiebiaivtn e"asAg"Me omafn etanhgtee SMmeaernvniatc,geAescm,cLoeLunCnt. tAingTrgheeeamnbdeundAtgd.emteindisatmraotuivnetsfeorrvitcheesfaisscaplayrteaorfiasMbaasneadgeomnetnhteAcgornetermacetendtwfeitehs Annual Audit eTAnhccgeoaugDneitmsitnregincttF piisrlumrs.e aqTnuhtiierceipbdautdteogde citnoencdrdeuaacmsteo.aunntanfonruatlheaufdisictalofyeitasrfiisnabnacsiaeldroencorcdosntbrayctaendIfnedesepfernomdenthteCeprrteifvieiodusPuybelairc Assessment Roll Administration Gwoitvhe rthnem leoncatal lTMaxa nCaoglleemcteonr taSnedr vfiinceasncLiLaCl apdrvoivsiodreys searsvsiecsessm.ent services for closing lot sales,assessment roll services Dissemination Agent rTehlaeteDsi sttor iacdtdiistiorenqaul rireepdorbtiyngt hreeqSueirceumriteyntasn fdor Euxnc-hraantegde bCoonmdm isissusieosn. tocomply withRule 15(c)(2)-12(b)(5),which Trustee Fees TTrhuesDteiest aritc tBiNsYsu MedelSloenri. e Tsh2e0 1am6,oSuenrite osf2 t0h2e 1tr,uanstdeeS eferieess i2s 0b2a2seSdp oenci athleA sasgersesemmeennttR beevtewneueenB BoNnYd sMwehlloicnh aanrde thheeld Dwistitrhicta. Management Fees dTmhioreencttDheildsyt r Bbicoyta ’ srtdhAemt t Boereontaierndyg, s o,wfr ie lSlvuibepweerpovrfisocovorinds ti rnaagncdtgs e,trnheeevr iaDelwislteorgficaatl gMsreearenvmaicgeeensrt.stoantdheresDoilsutrtiioctn,si,.ea.,nadtteontdhaenrcreeasenadrcphrepasasriagtnioendfoasr Arbitrage Rebate aTnhde DDeisbtrt iScterisierse 2q0u2ir2e dSptoecainaln Ausaslelysshmaveenta Rneavrebniutrea gBeonrdebs.atecalculationontheDistrict'sSeries2016,DebtSeries2021 Special Assessments Bannon Lakes Community Development District Budget Narrative Fiscal Year 2025 REVENUES Chapter 190 of the Florida Statutes allows for members of the Board of Supervisors to be compensated FICA Taxes 7P.a6y5r%oll oft atxhees tootnal BBooaarrdd oof fSuSpueprevrivsoisro’sr ’psacyormollp eexnpseantidonit.urTehse. budgeted amount for the fiscal year iscalculatedat tThhee oDpiestrraitcitnwg iellxlpeevnydaitNuornes-A dduVrianlgo rtehme Faisssceasl sYmeeanr.t Tonhearlel smoladya anlsdo pblea tdteirdecpta brcilelsls pwaiidth biny tdheeveDloisptreircst tino coorvdeerr tthoep raeystf.or Interest The District earns interest on the monthly average collected balance for each of their investment accounts. Expenditures - Administrative Supervisors Fees Facility Revenue Income received from residents for rental of clubroom, patio, access cards or special events deposits. Miscellaneous Miscellaneous income received on behalf of the District. 3 Bannon Lakes Community Development District Budget Narrative Fiscal Year 2025 Vendor Address Monthly Annual AAATTT&&&TTT F344CAio335mt 55nBeteanisnnistgBBnyeoaannnncnn yLooannkes BLLaalvkkdee ssEntrBBllvvdd $$$$12241789289 $$$223$,,,226516684687 Total $728 $8,735 Vendor Address Monthly Annual FFFPPPLLL F344CAio335mt 55nBeteanisnnistgBBnyeoaannnncnn yLooannkes BLLaalvkkdee ssEntrBBllvvdd $1$$,5$2213585602 $$$1338$,,,031408830802 Total $2,083 $25,000 Vendor Address Monthly Annual SJCUD 4Co35nt Binagnennocny Lakes Blvd $$296828 $$131,,184546 Total $1,250 $15,000 rcToehvlaeetreDadgi settor titcoht'egs oAvPmerroenpnmeitreytn yCteainnlstaeugrre.anncciees.poTlhiceyaimsowuinthtbFulodrgiedtaedInrseuprraensceentAsltlihaencees.timFIaAtesdppecrieamlizieusminforpprorovpideirntgyiinnssuurraannccee The District will provide internet & cable television services for the Amenity Center through AT&T. The cost of electric associated with the Recreation Facility. Water, sewer and irrigation systems cost for the district. The District will contract with vendor to provide propane delivery for amenity center use. Cost of garbage disposal service will be provided by Republic Services #687 for the District. The District will contract with vendor to provide security monitoring for the Amenity Center. Represents the estimated cost for access cards purchased by the District’s Amenity Center. Refuse Service Security Monitoring Access Cards Insurance Phone/Internet/Cable Electric Water/Irrigation Gas Printing and Binding Expenditures - Administrative (continued) Postage and Delivery cAocrtureaslpopnodsteangcee.and/or freight used for District mailings including agenda packages, vendor checks and other Insurance General Liability gpTerhoneveDirdaiisln tlrgiaicibtni'slsiutGyr eainnnsecuerarcalonLvcieaerb afiolgirtey ttho&e gPDouivsbetrlriincctmO. effnictiaallsagLeianbciileitsy. TInhseuaramnocuenptobliucdygiestwedithreparqesueanlitfsietdheenetsittiymtahteadtsppreecmiailuizmesfoinr Expenditures – Amenity Center Copies used in the preparation of agenda packages, required mailings, and other special projects. Legal Advertising nThewesDpiasptreirc tofi sgerneeqruailr ceidrcutolataiodnv.ertise various notices for monthly Board meetings and other publichearingsina Supplies used in the preparation and binding of agenda packages, required mailings, and other special projects. Due, Licenses & Subscriptions The District is required to pay an annual fee to the Florida Department of Commerce for $175. Other Current Charges This includes monthly bank charges and any other miscellaneous expenses that incur during the year. Office Supplies Meeting Room The estimated cost for the District to seek out venue to hold board meeting. 4 Bannon Lakes Community Development District Budget Narrative Fiscal Year 2025 Vendor Monthly Annual Riverside Mgmt Services $6,591 $79,094 Vendor Monthly Annual Riverside Mgmt Services $2,146 $25,746 Vendor Monthly Annual Riverside Mgmt Services $1,180 $14,157 Vendor Monthly Annual Jani-King of Jacksonville Contingency $1,5$3552 $18$,461263 Total $1,587 $19,039 Vendor Monthly Annual LMaunldchcare Group $13,50$30 $$12652,,000400 Total $13,503 $187,040 Cost to maintain the common areas of the District based on a proposed contract with Landcare Group, Inc. Cost to provide management services for the Amenity Center. Facility Management Cost to provide help for Facility Manager during summer weekend hours contracted with Riverside Management STehreviDceisst rsiuccthw aisll laconndtsrcaacptinRgiv, earmsiedneityM &an paogoel mfaecniltitiSees,r lvaikcees m,Ianicn.tefnoranocnes, ietetc.fieldmanagement ofcontracts forDistrict tThhee Aemsteimniattye Cdeanmteoru snwtibmamseidngo npoporlo. posedcontractwithRiversideManagementServices,Inc.toprovidemaintenanceof Office Supplies and Equipment ASCAP/BMI Licenses Pest Control Hydrology Quality/Mitigation Landscape Maintenance Facility Maintenance Repair & Maintenance Special Events Holiday Decorations Fitness Center Repairs/Supplies Field Management and Admin Pool Maintenance Pool Chemicals Janitorial Janitorial Supplies cThheemeicsatilms taot emdaianmtaoinun ttheb Aamseedniotny Cpernotpeor ssewdimcomnitnrga cptowoli. t hRiverside ManagementServices andPoolsure toprovide sTehreviceesst ifmora ttehde Aammeonunitty Cbeansetedr. o n proposed contract with Riverside Management Services,Inc.to provide janitorial Rmeapinretesennatnscee sctoinmtaratecdt. costs for the Fitness Center repairs of equipment,purchase of supplies, and preventative Represents estimated cost for office supplies for the Amenity Center. License fee required to broadcast music to the amenity center. The District is contracted with Freedom Pest Control for pest control services pCoopstutlaotiporness. e rvebeneficialaquaticplantsinthewetlandmitigationareaandcontrolnuisanceandexoticpestplant All supplies needed for janitorial services of the Amenity Center. TAhmeenesittyim Caetnetdera.mountbasedonproposedcontractwithvendortoprovideroutinerepairsandmaintenanceforthe Regular maintenance and replacement cost incurred by the Amenity Center of the District. Represents estimated costs for the District to host special events for the community throughout the Fiscal Year. Represents estimated costs for the District to decorate the amenity center throughout the Fiscal Year. Facility Attendance Expenditures – Amenity Center (continued) 5 Bannon Lakes Community Development District Budget Narrative Fiscal Year 2025 Vendor Monthly Annual Lake Doctors $820 $9,840 Vendor Address Monthly Annual FPL 100 International Contingency Golf Prkwy $$98192 $$110,,096484 Total $1,001 $12,012 Vendor Address Monthly Annual SJCUD 34Co35 5nBt Bainnagnneonnonc nyL Lakaekse sB Blvlvd dE ntr $1$$,859067003 $$$12611,,,766604000 Total $3,333 $40,000 Lake Maintenance Estimated costs for street lighting and parking lot repairs and replacements. Miscellaneous irrigation repairs and maintenance cost for the District. Any unanticipated and unscheduled maintenance cost to the District. Reclaimed water Services for the District provided by St. Johns County Utility Department. tTrhaensfDeirsrteridc ttow Cilalpeitsatla Rbelissehrvae Fruensedr.ve to fund the renewal and replacement of District’s capital related facilities Other landscape costs that is not under contract which includes landscape light repairs and replacements. Cost for the maintenance of District lakes based on a contract. Contracted staff for repairs and trash pick-up on District owned property. Provision for pool pump repair or replacements as needed. Irrigation Repairs Miscellaneous Reclaimed Water Capital Reserve The District will establish a reserve to fund unanticipated operational expenses for the fiscal year. Operational Reserves Landscape Contingency Grounds Maintenance Pump Repairs Streetlights Streetlight Repairs eFsPtLimpartoevdi dcoesst tfhore fuDeisl tcrhicatrgsetrse.et lighting cost for the community. The amount is based upon the agreemnt plus Expenditures – Grounds Maintenance 6 Description AFBdYuo2dp0gt2ee4td Ac3tu/a3l1s/ T2h4ru Pro6j Mecotendt hNsext Pro9je/c3t0ed/2 T4hru AFBpYpu 2rdo0gve2te5d REVENUES: ISCnpaterecrriyae lFs Ato Esrswaerasnrsidnm gSesunrtps-luOsn ( R1)oll $ 5744 719,,,003001000 $ 57 135707,,,033378523 $1 97,,709030 - $ 57 345407,,,013377526 $ 57 349008,,,069007078 TOTAL REVENUES $ 1,297,310 $ 1,304,790 $ 26,793 $ 1,331,583 $ 1,369,586 EXPENDITURES: IIPnnrttineerrceeipssatt l-- - 15 1/111//11 $ 222156039,,,018025005 $ 221603,,080500 - 259,12$5 -- $ 222156039,,,018025005 $ 222255049,,,011027055 TOTAL EXPENDITURES $ 732,975 $ 473,850 $ 259,125 $ 732,975 $ 733,300 Other Sources/(Uses) Interfund transfer In/(Out) $ - $ - $ - $ - $ - TOTAL OTHER SOURCES/(USES) $ - $ - $ - $ - $ - TOTAL EXPENDITURES $ 732,975 $ 473,850 $ 259,125 $ 732,975 $ 733,300 EXCESS REVENUES (EXPENDITURES) $ 564,335 $ 830,940 $ (232,332) $ 598,608 $ 636,286 (1) Carry Forward is Net of Reserve Requirement Principal Due 11/1/25 $$ 224358044,,,011077055 Bannon Lakes Community Development District Approved Budget Debt Service Series 2016 Special Assessment Revenue Bonds Interest Due 11/1/25 7 Period Outstanding Balance Coupons Principal Interest Annual Debt Service 11/01/24 10,410,000 220,000 259,125 479,125 05/01/25 10,190,000 - 254,175 - 11/01/25 10,190,000 230,000 254,175 738,350 05/01/26 9,960,000 - 249,000 - 11/01/26 9,960,000 240,000 249,000 738,000 05/01/27 9,720,000 - 243,000 - 11/01/27 9,720,000 255,000 243,000 741,000 05/01/28 9,465,000 - 236,625 - 11/01/28 9,465,000 265,000 236,625 738,250 05/01/29 9,200,000 - 230,000 - 11/01/29 9,200,000 280,000 230,000 740,000 05/01/30 8,920,000 - 223,000 - 11/01/30 8,920,000 290,000 223,000 736,000 05/01/31 8,630,000 - 215,750 - 11/01/31 8,630,000 305,000 215,750 736,500 05/01/32 8,325,000 - 208,125 - 11/01/32 8,325,000 320,000 208,125 736,250 05/01/33 8,005,000 - 200,125 - 11/01/33 8,005,000 340,000 200,125 740,250 05/01/34 7,665,000 - 191,625 - 11/01/34 7,665,000 355,000 191,625 738,250 05/01/35 7,310,000 - 182,750 - 11/01/35 7,310,000 375,000 182,750 740,500 05/01/36 6,935,000 - 173,375 - 11/01/36 6,935,000 390,000 173,375 736,750 05/01/37 6,545,000 - 163,625 - 11/01/37 6,545,000 410,000 163,625 737,250 05/01/38 6,135,000 - 153,375 - 11/01/38 6,135,000 430,000 153,375 736,750 05/01/39 5,705,000 - 142,625 - 11/01/39 5,705,000 455,000 142,625 740,250 05/01/40 5,250,000 - 131,250 - 11/01/40 5,250,000 475,000 131,250 737,500 05/01/41 4,775,000 - 119,375 - 11/01/41 4,775,000 500,000 119,375 738,750 05/01/42 4,275,000 - 106,875 - 11/01/42 4,275,000 525,000 106,875 738,750 05/01/43 3,750,000 - 93,750 - 11/01/43 3,750,000 550,000 93,750 737,500 05/01/44 3,200,000 - 80,000 - 11/01/44 3,200,000 580,000 80,000 740,000 05/01/45 2,620,000 - 65,500 - 11/01/45 2,620,000 605,000 65,500 736,000 05/01/46 2,015,000 - 50,375 - 11/01/46 2,015,000 640,000 50,375 740,750 05/01/47 1,375,000 - 34,375 - 11/01/47 1,375,000 670,000 34,375 738,750 05/01/48 705,000 - 17,625 - 11/01/48 705,000 705,000 17,625 740,250 Total 10,410,000 $ 7,791,725 $ 18,201,725 $ Term Bonds Due Combined Bannon Lakes Community Development District Debt Service Series 2016 Special Assessment Revenue Bonds 8 Description AFBdYuo2dp0gt2ee4td 3A/Tc3th1ur/au2ls4 P6r MoNjoeexnctttehds P9r/oT3jhe0rc/ut2e4d AFBpYpu 2rdo0gve2te5d REVENUES: ISCnpaterecrriyae lFs Ato Esrswaerasnrsidnm gSesunrtps-luOsn ( R1)oll $ 1413 423,,,011008000 $ 1415 705,,,835145437 $ 57,,580905 - $ 14 115556,,,703055423 $ 14 117503,,,005058089 TOTAL REVENUES $ 549,280 $ 573,715 $ 13,395 $ 587,109 $ 598,648 EXPENDITURES: IISPnnprttieneecrrciaeeiplsslatt C l-- a- 15 l5l/1 1/1/111/1 $ 111225588,,,022077055 - $ 12 58,,020705 - 112558,,0207$05 -- $ 111225 5588,,,,002200770055 $ 111226066,,,022033088 - TOTAL EXPENDITURES $ 411,550 $ 133,275 $ 283,275 $ 416,550 $ 412,475 Other Sources/(Uses) Interfund transfer In/(Out) $ - $ - - - $ - TOTAL OTHER SOURCES/(USES) $ - $ - $ - $ - $ - TOTAL EXPENDITURES $ 411,550 $ 133,275 $ 283,275 $ 416,550 $ 412,475 EXCESS REVENUES (EXPENDITURES) $ 137,730 $ 440,440 $ (269,880) $ 170,559 $ 186,173 (1) Carry Forward is Net of Reserve Requirement $$ 112244,,223377..5500 Bannon Lakes Community Development District Approved Budget Debt Service Series 2021 Special Assessment Revenue Bonds Interest Due 11/1/25 9 000000000000000000000000000111111111111111111111111111111111111111111111111111111555555555555555555555555555P/////////////////////////////////////////////////////e000000000000000000000000000000000000000000000000000000ri111111111111111111111111111111111111111111111111111111o/////////////////////////////////////////////////////d222222222223333333333333333333344444444444444444444555000000111112222333344444555555666666777777888888999999 O u B t 11111122222233333333444444445555555555666666666666 s a ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,t 11111111112222333344445555556666667777888888999999l4477aa000011111111222222222222222255556666667788889999990099nn00000000000000000000000555555555555555555555555555555dc,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,ei000000000000000000000000000000000000000000000000000000n000000000000000000000000000000000000000000000000000000g00000000000000000000000000000000000000000000000000000 Coupons P r i n 111111122222222222233333334c000011233344566667777888999ip000000000000000555555555555a,,,,,,,,,,,,,,,,,,,,,,,,,,,000000000000000000000000000l000000000000000000000000000000000000000000000000000000 --------------------------- Int 11111111111111111111e r1122333344555566667777888899999900000011111111222222e 880000001122223344445555667777777711112244445566778899s,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,110000001133333344445566669999999900111122223355556666t00000000000000000000112222333366770000222233337777778800000000000000000003333555555888800005555555555888888 A n Sn e u r 1444444444444444444444444444av0000111111111111111111111112l iD0000001111111122333334469999ce,,,,,,,,,,,,,,,,,,,,,,,,,,,,e0112222334445556777888888999b0000000000000000112223566677t0000000000000000033333555558 Total $ 6,950,000 $ 4,292,025 $ 11,242,025 Bannon Lakes Community Development District Debt Service Series 2021 Special Assessment Revenue Bonds Term Bonds Due Combined 10 Description AFBdYuo2dp0gt2ee4td 3A/Tc3th1ur/au2ls4 P6r MoNjoeexnctttehds P9r/oT3jhe0rc/ut2e4d AFBpYpu 2rdo0gve2te5d REVENUES: ISSCnppateereccrriiyaae llFs AAto Essrsswaeerassnrssidnmm gSeesunnrttpss--luPOsrn e( R1p)aoyllments $ 1529 511,,,078007003 - $$ 12 272 8842,,,885,571263112 $ 34 85,,650107 -- $ 25 12227802,,,,480517361328 $ 2502 718,,,077018066 - TOTAL REVENUES $ 718,573 $ 434,767 $ 354,117 $ 788,884 $ 737,502 EXPENDITURES: IISPnnprttieneecrrciaeeiplss Catt la-- - l15 l5 /15/1//111 $ 111777055,,,000088044 - $ 175,084 --- 11 677005,,,000008$004 - $ 111 67770055,,,,000000880044 $ 111777115,,,044077055 - TOTAL EXPENDITURES $ 520,168 $ 175,084 $ 405,084 $ 580,168 $ 517,950 Other Sources/(Uses) Interfund transfer In/(Out) $ - $ - - - $ - TOTAL OTHER SOURCES/(USES) $ - $ - $ - $ - $ - TOTAL EXPENDITURES $ 520,168 $ 175,084 $ 405,084 $ 580,168 $ 517,950 EXCESS REVENUES (EXPENDITURES) $ 198,406 $ 259,683 $ (50,967) $ 208,716 $ 219,552 (1) Carry Forward is Net of Reserve Requirement $$ 116688,,995599..3388 Bannon Lakes Community Development District Approved Budget Debt Service Series 2022 Special Assessment Revenue Bonds Interest Due 11/1/25 11 Period Outstanding Balance Coupons Principal Interest Annual Debt Service 11/01/24 8,905,000 - 171,475 171,475 05/01/25 8,905,000 175,000 171,475 11/01/25 8,730,000 - 168,959 515,434 05/01/26 8,730,000 180,000 168,959 11/01/26 8,550,000 - 166,372 515,331 05/01/27 8,550,000 185,000 166,372 11/01/27 8,365,000 - 163,713 515,084 05/01/28 8,365,000 190,000 163,713 11/01/28 8,175,000 - 160,578 514,290 05/01/29 8,175,000 200,000 160,578 11/01/29 7,975,000 - 157,278 517,855 05/01/30 7,975,000 205,000 157,278 11/01/30 7,770,000 - 153,895 516,173 05/01/31 7,770,000 210,000 153,895 11/01/31 7,560,000 - 150,430 514,325 05/01/32 7,560,000 220,000 150,430 11/01/32 7,340,000 - 146,800 517,230 05/01/33 7,340,000 230,000 146,800 11/01/33 7,110,000 - 142,200 519,000 05/01/34 7,110,000 235,000 142,200 11/01/34 6,875,000 - 137,500 514,700 05/01/35 6,875,000 245,000 137,500 11/01/35 6,630,000 - 132,600 515,100 05/01/36 6,630,000 255,000 132,600 11/01/36 6,375,000 - 127,500 515,100 05/01/37 6,375,000 265,000 127,500 11/01/37 6,110,000 - 122,200 514,700 05/01/38 6,110,000 280,000 122,200 11/01/38 5,830,000 - 116,600 518,800 05/01/39 5,830,000 290,000 116,600 11/01/39 5,540,000 - 110,800 517,400 05/01/40 5,540,000 300,000 110,800 11/01/40 5,240,000 - 104,800 515,600 05/01/41 5,240,000 315,000 104,800 11/01/41 4,925,000 - 98,500 518,300 05/01/42 4,925,000 325,000 98,500 11/01/42 4,600,000 - 92,000 515,500 05/01/43 4,600,000 340,000 92,000 11/01/43 4,260,000 - 85,200 517,200 05/01/44 4,260,000 355,000 85,200 11/01/44 3,905,000 - 78,100 518,300 05/01/45 3,905,000 370,000 78,100 11/01/45 3,535,000 - 70,700 518,800 05/01/46 3,535,000 385,000 70,700 11/01/46 3,150,000 - 63,000 518,700 05/01/47 3,150,000 400,000 63,000 11/01/47 2,750,000 - 55,000 518,000 05/01/48 2,750,000 415,000 55,000 11/01/48 2,335,000 - 46,700 516,700 05/01/49 2,335,000 430,000 46,700 11/01/49 1,905,000 - 38,100 514,800 05/01/50 1,905,000 450,000 38,100 11/01/50 1,455,000 - 29,100 517,200 05/01/51 1,455,000 465,000 29,100 11/01/51 990,000 - 19,800 513,900 05/01/52 990,000 485,000 19,800 11/01/52 505,000 - 10,100 514,900 05/01/53 505,000 505,000 10,100 515,100 Total 8,905,000 $ 6,239,998 $ 15,144,998 $ Bannon Lakes Community Development District Debt Service Series 2022 Special Assessment Revenue Bonds Term Bonds Due Combined 12 Description AFBdYuo2dp0gt2ee4td Ac3tu/a3l1s/ T2h4ru Pro6j Mecotendt hNsext Pro9je/c3t0ed/2 T4hru AFBpYpu 2rdo0gve2te5d REVENUES: ICnatrerrye Fsto Irnwcaormde Balance 9 12,,100905 8 11,,495384 1,200 - 8 21,,695384 7 22,,540404 TOTAL REVENUES $ 93,195 $ 83,392 $ 1,200 $ 84,592 $ 74,944 EXPENDITURES: ROtehpearir C aunrdr eMnat iCnhteanragnesce $ 40,0 40200 $ 15,10 692 6$0 - $ 15,1 10292 $ 40,0 40200 TOTAL EXPENDITURES $ 40,420 $ 15,172 $ 60 $ 15,232 $ 40,420 Other Sources/(Uses) Transfer in/(Out) $ 3,084 $ - $ 3,084 $ 3,084 $45,000 TOTAL OTHER SOURCES/(USES) $ 3,084 $ - $ 3,084 $ 3,084 $ 45,000 EXCESS REVENUES (EXPENDITURES) $ 55,859 $ 68,220 $ 4,224 $ 72,444 $ 79,524 Bannon Lakes Community Development District Proposed Budget Capital Reserve Fund 13 Neighbdorhoo UOn&itMs B2Uo0nn1itd6ss B2Uo0nn2itd1ss B2Uo0nn2itd2ss FY 2025 FY2024 Increase/ (decrease) Increase/ (decrease) Increase/ (decrease) 2016 2021 2022 2016 2021 2022 Total 2016 2021 2022 2016 2021 2022 Total Single Family 986 383 236 296 $1,000.55 $1,001.98 -$1.43 $1,732.47 $1,862.10 $1,875.31 $1,732.47 $1,862.10 $1,875.31 $0.00 $2,733.02 $2,862.65 $2,875.86 $2,734.45 $2,864.08 $2,877.29 -$4.29 Duplex 0 72 0 0 $0.00 $0.00 $0.00 $1,732.47 $0.00 $0.00 $1,732.47 $0.00 $0.00 $0.00 $1,732.47 $0.00 $0.00 $1,732.47 $0.00 $0.00 $0.00 Total 986 455 236 296 Bannon Lakes Community Development District Non-Ad Valorem Assessments Comparison 2024-2025 Annual Maintenance Assessments Annual Debt Assessments Total Assessed Per Unit FY2024 Series Series Series Series FY 2025 FY2024 FY 2025 14