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	FY2023
ACTUAL	FY2024
ADOPTED	FY2025 PROPOSED	VARIANCE
FY24 - FY25	
REVENUE					
SPECIAL ASSESSMENTS ON-ROLL (NET)	$	457,351	$	451,211	$	628,256	$	177,045	
INTEREST	35,457	-	-	-	
FUND BALANCE FORWARD		-	39,799	39,799	
TOTAL REVENUE	492,808	451,211	668,055	216,844	

EXPENDITURES					
ADMINISTRATIVE					
SUPERVISOR COMPENSATION	10,400	13,000	13,000	-	
PAYROLL TAXES	796	995	995	-	
PAYROLL SERVICES	653	750	750	-	
DISTRICT MANAGEMENT	12,000	12,000	12,000	-	
ADMINISTRATIVE SERVICES	10,000	10,000	10,000	-	
ACCOUNTING SERVICES	10,000	10,000	10,000	-	
ASSESSMENT ROLL PREPARATION	5,500	5,500	5,500	-	
GENERAL MASS MAILING	-	1,000	1,000	-	
AUDITING	2,850	2,950	2,950	-	
MISCELLANEOUS BANK FEES	825	500	500	-	
REGULATORY AND PERMIT FEES	175	175	175	-	
LEGAL ADVERTISEMENTS	1,057	2,500	2,500	-	
ENGINEERING SERVICES	13,247	22,000	22,000	-	
LEGAL SERVICES	26,040	26,000	26,000	-	
WEBSITE DEVELOPMENT AND HOSTING	2,394	2,400	2,400	-	
EMAIL	1,255	1,140	1,140	-	
INSURANCE	8,469	9,596	9,596	-	
MISCELLANEOUS SERVICES	116	975	975	-	
TOTAL ADMINISTRATIVE	105,777	121,481	121,481	-	

DEBT SERVICE ADMINISTRATION					
TRUSTEE FEES	4,377	4,300	4,300	-	
DISSEMINATION AGENT	1,500	1,500	1,500	-	
ARBITRAGE	500	500	500	-	
TRUST FUND ACCOUNTING		-	-	-	
TOTAL DEBT SERVICE ADMINISTRATION	6,377	6,300	6,300	-	

FIELD OPERATIONS					

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	FY2023	FY2024	FY2025 PROPOSED	VARIANCE	
	ACTUAL	ADOPTED		FY24 - FY25	
FIELD OPERATIONS SERVICES (PART-TIME)		10,000	10,000	-	
PROPERTY TAXES (Streetlights)		19,000	-	(19,000)	
ENTRY & WALLS MAINTENANCE	2,209	2,500	2,500	-	
ELECTRICITY- (IRRIGATION SYSTEM)	8,546	7,500	7,500	-	
POND & LAKE MAINTENANCE	21,628	21,628	22,528	900	
MITIGATION MAINTENANCE		-	-	-	
LANDSCAPE MAINTENANCE (Inclusive of annual rotation)	218,483	181,400	190,200	8,800	
LANDSCAPE REPLENISHMENT	13,107	12,000	75,000	63,000	
LANDSCAPE IRRIGATION	8,246	14,000	14,000	-	
OAK & PALM TREE TRIMMING	3,675	-	-	-	
MISC REPAIRS & PRESSURE WASHING	555	7,584	7,584	-	
SIGNAGE		250	250	-	
HOLIDAY DECORATIONS	10,750	11,000	11,000	-	
CAPITAL PROJECTS		-	-	-	
DOG WASTE SERVICES	4,229	4,164	4,164	-	
PORTER	815	780	780	-	
CONTINGENCY	16,935	31,624	17,723	(13,901)	
TOTAL FIELD OPERATIONS	309,178	323,430	363,229	39,799	

RENEWAL & REPLACEMENT RESERVE	
-	
-	
177,045	
177,045	
TOTAL EXPENDITURES	421,332	451,211	668,055	216,844	
					
EXCESS OF REVENUE OVER (UNDER) EXPENDITURES	71,476	-	-	-	

FUND BALANCE - BEGINNING - UNAUDITED	
728,433	
799,909	
799,909	
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INCREASE OF FUND BALANCE (RENEWAL & REPLACEMENT)	-	-	177,045	177,045	
TRANSFER IN FROM CAPITAL RESERVE FUND	-	-	239,223	239,223	
FUND BALANCE FORWARD			(39,799)	(39,799)	
NET CHANGE IN FUND BALANCE	71,476	-	-	-	
FUND BALANCE - ENDING - PROJECTED	799,909	799,909	1,176,378	376,469	

	FY 2023
ACTUAL	FY 2024
ADOPTED	FY 2025
PROPOSED	VARIANCE
FY24 - FY25	

REVENUES
SPECIAL ASSESSMENTS - ON ROLL (NET) INTEREST¹	

$	179,053	

$	177,045
-	

$	-	

$	(177,045)	
TOTAL REVENUES	179,053	177,045	-	(177,045)	

EXPENDITURES					
CAPITAL IMPROVEMENTS	70,025	-	-	-	
RENEQAL & REPLACEMENT	37,750				
DRAINAGE SYSTEM	9,100	-	-		
TOTAL EXPENDITURES	116,875	-	-	-	
					
EXCESS OF REVENUES OVER (UNDER) EXPENDITURES	62,178	177,045	-	(177,045)	

OTHER FINANCING SOURCES & USES
TRANSFER OUT TO GENERAL FUND			

(239,223)	

(239,223)	
TOTAL OTHER FINANCING SOURCES & USES	-	-	(239,223)	(239,223)	

FUND BALANCE - BEGINNING - UNAUDITED	
-	
62,178	
239,223	
177,045	
NET CHANGE IN FUND BALANCE	62,178	177,045	(239,223)	(416,268)	
FUND BALANCE - ENDING - PROJECTED	62,178	239,223	-	(239,223)	

STONEBRIER COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2024-2025 APPROVED PROPOSED BUDGET CAPITAL RESERVE FUND (CRF)

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FINANCIAL STATEMENT CATEGORY	VENDOR	ANNUAL AMOUNT	DESCRIPTION, SCOPE OF WORK	
ADMININSTRATIVE EXPENDITURES:				
SUPERVISORS COMPENSATION	SUPERVISORS	13,000		
PAYROLL TAXES	PAYCHEX	995	7.65.% of compensation	
PAYROLL SERVICES	PAYCHEX	750	Fee per payroll processed - $56.00 monthly plus year end fees of $56.00	

DISTRICT MANAGEMENT	
Vesta	
12,000	Florida Statute, Chapter 190.007(1) states that the Board shall employ and fix the compesation of a District Manager. The District Manager shall have charge and supervision of the works of the District.	
ADMINISTRATIVE SERVICES	Vesta	10,000	Vesta provides aministrative services to the District under the management services agreement. These services include preparation of meeting agenda and minutes, coordinating postings on the website, records retention, responding to resident requests and complying with all regulatory requirements involving District activities.	
ACCOUNTING SERVICES	Vesta	10,000	Vesta provides budget preparation and financial reporting, cash management, revenue reporting and accounts payable functions.	
ASSESSMENT ROLL PREPARATION	Vesta	5,500	Vesta provides assessment roll services, which include preparing, maintaining and transmitting the annual roll with the annual special assessment amounts for the operating, maintenance and capital assessments.	
GENERAL MASS MAILING	MISC.	1,000	Postage for mailings, including the annual letters to residents related to the annual assessments and public hearings	
AUDITING	Dibartolomeo	2,950	The District is required to have an independent examination of its financial accounting, records and accounting procedures each year. This audit is conducted pursuant to Florida State Law and the Rules of the Auditor General. An Independent Auditor is selected through a RFP process.	
MISCELLANEOUS (BANK FEES)	VARIOUS	500	
The District pays fees to various fiancial institutions for its bank accounts.	
REGULATORY AND PERMIT FEES	FL DEPART. OF ECONOMIC OPPORTUNITY	175	
The District pays an annual registration fee to the State of Florida to fund the administration of the Uniform Special District Accountability Act.	
LEGAL ADVERTISEMENTS	Times Publishing Company	2,500	Per Florida Statutes, the District advertises for all meetings, workshops, public hearings and public bids. These advertisements are to be in a newspaper of general
circulation in the area in which the CDD is located.	
ENGINEERING SERVICES	Stantec	22,000	The District has engaged Cardno, a District Engineering firm to provide engineering, consulting and construction services to the District while crafting solutions with sustainability for the long-term interests of the community while recognizing the needs of government, the environment and maintenance of the District's facilities.	
LEGAL SERVICES	Kutak Rock	26,000	On-going general counsel and legal representation. These lawyers are confronted with issues relating to public finance, public bidding, rulemaking, open meetings, public records, real property dedications, conveyances and contracts.	
WEBSITE MONTHLY MAINTENANCE	Vglobal	2,400	The District contracts with VGlobal to produce and maintain the District's website which is required by the State of Florida. Includes IT support, security tools, email,
quarterly technology alignment and vCIO reviews, roadmap, password manager, security awareness training, 24/7 security operations center etc,	
EMAIL	Vglobal	1,140	
Website hosting.	
INSURANCE	EGIS INSURANCE	9,596	
The District obtains general liability, property, hired non-owned auto, employment practices liability, and public officials insurance.	
MISCELLANEOUS SERVICES	MISC.	975	
Meeting room rental.	
TOTAL ADMINISTRATIVE		121,481		
DEBT SERVICE ADMINISTRATION				
TRUSTEE FEES	US BANK	4,300	The Trustee Fees are in advance and pay annually the last one is attached they go from 9/1/ – 8/31 annually. The incidental fees coverage an array of things and charge a
flat percentage and don’t itemize such as, wires, postage, copies, mailings, courier expenses.	
DISSEMINATION AGENT	DIGITAL ASSURANCE CERTIFICATION	1,500	The Trustee Fees are in advance and pay annually the last one is attached they go from 9/1/ – 8/31 annually. The incidental fees coverage an array of things and charge a
flat percentage and don’t itemize such as, wires, postage, copies, mailings, courier expenses.	
ARBITRAGE	GNP	500	Agreement 22, $500 per bond per period only Series 2016. Time period is from August to August	
TRUST FUND ACCOUNTING	Vesta	-		
TOTAL DEBT SERVICE ADMINISTRATION		6,300		

FINANCIAL STATEMENT CATEGORY	VENDOR	ANNUAL AMOUNT	DESCRIPTION, SCOPE OF WORK	
FIELD OPERATIONS EXPENDITURES:				
FIELD OPERATIONS SERVICES	Vesta	10,000	For part-time Field Operations Services, monthly field operations report, and support with proposals and vendor management of landscaping and aquatics	
PROPERTY TAXES (Streetlights)	HILLSBOROUGH COUNTY - TAX COLLECTOR	-	
The District pays a fee to the Hillsborough County Tax Collector for the collection and disbursement of its annual assessment.	
ENTRY & WALLS MAINTENANCE		2,500	
The District will incur expenses for entry & walls maintenance.	
ELECTRICITY-IRRIGATION SYS.	TAMPA ELECTRIC	7,500	Estimated on current usage of approximately $650 per month, credits were recevied in prior years	
POND & LAKE MAINTENANCE	STEADFAST ENVIRONMENTAL, LLC	22,528	The District has a waterway management contract with Steadfast Environmental, LLC - Includes the maintenance of the conservation area.	
MITIGATIONS MAINTENANCE		-	The Corp of Engineers and EPC have released the site as successful. SWFWMD has suspended further monitoring. Maintenance will be continued in order to keep the site in compliance	
LANDSCAPE MAINTENANCE	RedTree	190,200	
The District has a contract to provide landscape maintenance services, inclusive of annuals throughout the community.	
LANDSCAPE REPLENISHMENT	RedTree	75,000	The District will incur expenses for landscape replenishment.	
LANDSCAPE IRRIGATION	RedTree	14,000	The District will incur expenses for irrigation repairs and replacements.	
OAK & PALM TREE TRIMMING			Tree trimming as needed.	
MISC. REPAIRS & PRESSURE WASHING	N/A	7,584	Pressure wash and any other miscellaneous.	
SIGNAGE		250	As needed for signs and painting of poles.	
HOLIDAY LIGHTING		11,000	The District will incur expenses for holiday light displays. All lights to be installed after Thanksgiving and prior to January 5 of each year.	
CAPITAL PROJECTS		-	Moved to Capital Reserve Fund	
DOG WASTE SERVICES		4,164		
PORTER SERVICES		780		
CONTINGENCY	N/A	17,723	Estimated, as needed	
TOTAL FIELD OPERATIONS		363,229		
				
RENEWAL & REPLACEMENT RESERVE		-	MOVING BACK INTO GENERAL FUND FY2025	

			

			

STONEBRIER COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2024-2025 APPROVED PROPOSED BUDGET ASSESSMENT ALLOCATION

	ADMIN BUDGET		
NET O&M ADMIN BUDGET	$127,780.60	
COUNTY COLLECTION COSTS	$2,718.74	
EARLY PAYMENT DISCOUNT 		$5,437.47	
GROSS O&M ADMIN ASSESSMENT 		$135,936.81	

		FIELD BUDGET		
	NET O&M FIELD BUDGET	$500,475.28	
	COUNTY COLLECTION COSTS	$10,648.41	
	EARLY PAYMENT DISCOUNT 		$21,296.82	
GROSS O&M FIELD ASSESSMENT 		$532,420.51	

UNIT TYPE	UNITS ASSESSED	
	
O&M	SERIES 2016 DEBT
SERVICE (1)	

SINGLE FAMILY 50'	
278	
278	
SINGLE FAMILY 60'	37	37	
SINGLE FAMILY 65'	129	129	
SINGLE FAMILY 75'	62	62	

ALLOCATION OF ADMIN O&M ASSESSMENT	
TOTAL % TOTAL TOTAL ADMIN		ADMIN ERU FACTOR	ERU's	ERU's	O&M	O&M PER
LOT	

1.00	
278.0	
54.94%	
$74,684.65	
$268.65	
1.00	37.0	7.31%	$9,940.04	$268.65	
1.00	129.0	25.49%	$34,655.83	$268.65	
1.00	62.0	12.25%	$16,656.29	$268.65	

ALLOCATION OF FIELD O&M ASSESSMENT	
ERU	TOTAL % TOTAL		TOTAL	FIELD FACTOR ERU's	ERU's	FIELD O&M O&M PER
LOT	

1.00	
278.0	
47.68%	
$253,837.94	
$913.09	
1.20	44.4	7.61%	$40,541.02	$1,095.70	
1.30	167.7	28.76%	$153,124.54	$1,187.01	
1.50	93.0	15.95%	$84,917.01	$1,369.63	

	506	506		  506.0	100.00%	$135,936.81	  583.1	100.00%	$532,420.51

UNIT SIZE & PHASE	PER UNIT ANNUAL ASSESSMENT	
	
O&M PER LOT	SERIES 2016 DEBT
SERVICE(2)	TOTAL PER UNIT (3)	

SINGLE FAMILY 50'	
$1,181.74	
$812.67	
$1,994.41	
SINGLE FAMILY 60'	$1,364.35	$975.21	$2,339.56	
SINGLE FAMILY 65'	$1,455.66	$1,056.48	$2,512.14	
SINGLE FAMILY 75'	$1,638.28	$1,219.01	$2,857.29	

FY 2024 PER LOT	VARIANCE	% VARIANCE	
	FY23 - FY24		
	PER LOT		

$1,994.41	$0.00	0.0%
$2,339.56	$0.00	0.0%
$2,512.14	$0.00	0.0%
$2,857.29	$0.00	0.0%	

(1) Reflects the total number of lots with Series 2016A-1 debt outstanding.	
(2)Annual debt service assessments per unit adopted in connection with the Series 2016A-1 bond issuances. Annual Debt Service Assessments includes principal, interest, County collection costs and early payment	
(3)Annual assessments that will appear on the November, 2024 County property tax bill. Amount shown includes all applicable county collection costs (2%) and early payment discounts (up to 4% if paid early).	

STONEBRIER COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2024-2025 APPROVED PROPOSED BUDGET
DEBT SERVICE REQUIREMENT, SERIES 2016

	FY 2025 BUDGET	
REVENUE	
$	445,438	
SPECIAL ASSESSMENTS - NET MADS		
TOTAL REVENUE	445,438	

EXPENDITURES		
INTEREST EXPENSE		
May 1, 2025	83,838	
November 1, 2025	79,638	
PRINCIPAL RETIREMENT		
May 1, 2025	280,000	
TOTAL EXPENDITURES	443,475	
		
EXCESS OF REVENUE OVER (UNDER) EXPENDITURES	$	1,963	

STONEBRIER COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2024-2025 APPROVED PROPOSED BUDGET
$6,530,000 SPECIAL ASSESSMENT REFUNDING BONDS, SERIES 2016

Period Ending	Principal	Coupon	Interest	Debt Service	Annual Debt
Service	Amount
Outstanding	
8/30/2016						$  6,530,000	
5/1/2017	200,000	2.00%	141,612.60	341,612.60		6,330,000	
11/1/2017	10,000	2.00%	103,768.75	113,768.75	455,381.35	6,320,000	
5/1/2018	240,000	2.00%	103,668.75	343,668.75		6,080,000	
11/1/2018		2.00%	101,268.75	101,268.75	444,937.50	6,080,000	
5/1/2019	245,000	2.00%	101,268.75	346,268.75		5,835,000	
11/1/2019		2.00%	98,818.75	98,818.75	445,087.50	5,835,000	
5/1/2020	250,000	2.00%	98,818.75	348,818.75		5,585,000	
11/1/2020		2.00%	96,318.75	96,318.75	445,137.50	5,585,000	
5/1/2021	255,000	2.25%	96,318.75	351,318.75		5,330,000	
11/1/2021		2.25%	93,450.00	93,450.00	444,768.75	5,330,000	
5/1/2022	260,000	2.25%	93,450.00	353,450.00		5,070,000	
11/1/2022		2.50%	90,525.00	90,525.00	443,975.00	5,070,000	
5/1/2023	265,000	2.50%	90,525.00	355,525.00		4,805,000	
11/1/2023		2.50%	87,212.50	87,212.50	442,737.50	4,805,000	
5/1/2024	270,000	2.50%	87,212.50	357,212.50		4,535,000	
11/1/2024		2.50%	83,837.50	83,837.50	441,050.00	4,535,000	
5/1/2025	280,000	3.00%	83,837.50	363,837.50		4,255,000	
11/1/2025		3.00%	79,637.50	79,637.50	443,475.00	4,255,000	
5/1/2026	290,000	3.00%	79,637.50	369,637.50		3,965,000	
11/1/2026		3.00%	75,287.50	75,287.50	444,925.00	3,965,000	
5/1/2027	300,000	3.50%	75,287.50	375,287.50		3,665,000	
11/1/2027		3.50%	70,037.50	70,037.50	445,325.00	3,665,000	
5/1/2028	310,000	3.50%	70,037.50	380,037.50		3,355,000	
11/1/2028		3.50%	64,612.50	64,612.50	444,650.00	3,355,000	
5/1/2029	320,000	3.50%	64,612.50	384,612.50		3,035,000	
11/1/2029		3.50%	59,012.50	59,012.50	443,625.00	3,035,000	
5/1/2030	330,000	3.50%	59,012.50	389,012.50		2,705,000	
11/1/2030		3.50%	53,237.50	53,237.50	442,250.00	2,705,000	
5/1/2031	345,000	3.50%	53,237.50	398,237.50		2,360,000	
11/1/2031		3.50%	47,200.00	47,200.00	445,437.50	2,360,000	
5/1/2032	355,000	4.00%	47,200.00	402,200.00		2,005,000	
11/1/2032		4.00%	40,100.00	40,100.00	442,300.00	2,005,000	
5/1/2033	370,000	4.00%	40,100.00	410,100.00		1,635,000	
11/1/2033		4.00%	32,700.00	32,700.00	442,800.00	1,635,000	
5/1/2034	385,000	4.00%	32,700.00	417,700.00		1,250,000	
11/1/2034		4.00%	25,000.00	25,000.00	442,700.00	1,250,000	
5/1/2035	400,000	4.00%	25,000.00	425,000.00		850,000	
11/1/2035		4.00%	17,000.00	17,000.00	442,000.00	850,000	
5/1/2036	415,000	4.00%	17,000.00	432,000.00		435,000	
11/1/2036		4.00%	8,700.00	8,700.00	440,700.00	435,000	
5/1/2037	435,000	4.00%	8,700.00	443,700.00		-	
11/1/2037		4.00%	-	-	443,700.00	-	
Totals	$ 6,530,000		2,796,962.60	9,326,962.60	9,326,962.60		

Maximum Annual Debt Service (MADS) =	$	445,437.50