RESOLUTION 2026-01

WHEREAS, the Board of Supervisors, hereinafter referred to as the “Board”, of the Bannon Lakes Community Development District, hereinafter referred to as “District”, adopted Capital Reserve Fund Budget for fiscal year 2025, and
WHEREAS, the Board desires to reallocate funds budgeted to re-appropriate Revenues and Expenses approved during the Fiscal Year.
NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE BANNON LAKES COMMUNITY DEVELOPMENT DISTRICT TO THE FOLLOWING:
The Capital Reserve Fund Budget are hereby amended in accordance with Exhibit “A” attached.

This resolution shall become effective this 18th day of November, 2025 and be reflected in the monthly and fiscal Year End 9/30/25 Financial Statements and Audit Report of the District

Bannon Lakes

Community Development District

Attest:

by:			 Chairman

by:			 Secretary

BANNON LAKES CDD RESOLUTION 2026-01

EXHIBIT A

Bannon Lakes
Community Development District Capital Reserve Fund Budget Amendment
For The Period Ending September 30, 2025

	Adopted	Increase	Amended	Actual	
	Budget	(Decrease)	Budget	Thru 09/30/25	
Revenues					
Capital Reserve Transfer In	$	45,000	$	-	$	45,000	$	45,000	
Interest	2,500	303	2,803	2,803	
Total Revenues	$	47,500	$	303	$	47,803	$	47,803	

Expenditures:					
Capital Outlay	$	-	$	86,066	$	86,066	$	86,066	
Repairs and Maintenance	40,000	(40,000)	-	-	
Other Service Charges	420	4,093	4,513	4,513	
Total Expenditures	$	40,420	$	50,159	$	90,579	$	90,579	
					
Excess (Deficiency) of Revenues over Expenditures	$	7,080	$	(49,857)	$	(42,777)	$	(42,777)	

Other Financing Sources/(Uses)					
Transfer In/(Out)	$	-	$	-	$	-	$	-	
Total Other Financing Sources (Uses)	$	-	$	-	$	-	$	-	
					
Net Change in Fund Balance	$	7,080	$	(49,857)	$	(42,777)	$	(42,777)	
					
Fund Balance - Beginning	$	72,480	$	(3,074)	$	69,407	$	69,407	
					
Fund Balance - Ending	$	79,560	$	(52,931)	$	26,630	$	26,630