Stonebrier Community Development District

FISCAL YEAR 2027
Adopted Budget August 13, 2026

Stonebrier

Community Development District

Table of Contents	
	Page #		

OPERATING BUDGET

General Fund

Summary of Revenues, Expenditures and Changes in Fund Balances  …………………………….. Exhibit A - Allocation of Fund Balances …………………………………………………………………. Budget Narrative   ……………………………………………………………………………………………	

1-2

3

4-7	

DEBT SERVICE BUDGETS

Series 2016

Summary of Revenues, Expenditures and Changes in Fund Balances	……………………………..
Amortization Schedule	…………………………………………………………………………………….. Budget Narrative	……………………………………………………………………………………..	

9

10

11	

SUPPORTING BUDGET SCHEDULE

Comparison of Assessment Rates	

………………………………………………………..	

13	

Stonebrier
Community Development District

Operating Budget
FY 2027

Summary of Revenues Expenditures and Changes in Fund Balance
Fiscal Year 2027 Budget
General Fund

	ADOPTED	ACTUAL	PROJECTED	TOTAL	ANNUAL	
	BUDGET	THRU	April-	PROJECTED	BUDGET	
ACCOUNT DESCRIPTION	FY 2026	3/31/2026	9/30/2026	FY 2026	FY 2027	

REVENUES
Interest - Investments	

$0.00	

$27,423.00	

$0.00	

$27,423.00	

$0.00	
Special Assmnts- Tax Collector	$628,154.00	$618,462.00	$9,692.00	$628,154.00	$663,831.91	
Other Miscellaneous Revenues	$0.00	$7,000.00	$0.00	$7,000.00	$0.00	
Special Assmnts- Discounts	$0.00	$0.00	$0.00	$0.00	-$26,553.28	
Misc-Assessment Collection Costs	$0.00	$0.00	$0.00	$0.00	-$13,276.64	
TOTAL REVENUES	$628,154.00	$652,885.00	$9,692.00	$662,577.00	$624,002.00	

EXPENDITURES						

Administrative
Supervisor Compensation	

$13,000.00	

$3,600.00	

$9,400.00	

$13,000.00	

$13,000.00	
Payroll Taxes	$995.00	$275.00	$720.00	$995.00	$995.00	
ProfServ-Arbitrage Rebate	$500.00	$500.00	$0.00	$500.00	$500.00	
ProfServ-Dissemination Agent	$1,500.00	$1,750.00	$0.00	$1,750.00	$1,500.00	
District Counsel	$26,000.00	$16,456.00	$9,544.00	$26,000.00	$26,000.00	
ProfServ-Trustee Fees	$4,300.00	$3,704.00	$0.00	$3,704.00	$3,800.00	
Assessment Roll Preparation	$5,775.00	$3,882.00	$1,893.00	$5,775.00	$5,000.00	
District Engineer	$19,900.00	$0.00	$19,900.00	$19,900.00	$19,000.00	
Administrative Services	$10,500.00	$4,167.00	$6,333.00	$10,500.00	$4,000.00	
District Manager	$12,600.00	$7,200.00	$5,400.00	$12,600.00	$18,000.00	
Accounting Services	$10,500.00	$5,648.00	$4,852.00	$10,500.00	$12,888.00	
Auditing	$3,250.00	$0.00	$3,250.00	$3,250.00	$3,250.00	
Email	$1,140.00	$380.00	$760.00	$1,140.00	$0.00	
Insurance - General Liability	$11,443.00	$10,324.00	$0.00	$10,324.00	$10,841.00	
Legal Advertising	$1,500.00	$317.00	$1,183.00	$1,500.00	$1,500.00	
General Mass Mailing	$1,000.00	$0.00	$0.00	$0.00	$0.00	
Miscellaneous Services	$975.00	$1,234.00	$0.00	$1,234.00	$975.00	
Dues, Licenses, Subscriptions	$175.00	$175.00	$0.00	$175.00	$175.00	
Bank Fees	$250.00	$12.00	$238.00	$250.00	$100.00	
Payroll - General & Administration	$750.00	$200.00	$550.00	$750.00	$750.00	
Website Administration	$2,400.00	$1,390.00	$1,010.00	$2,400.00	$3,540.00	
Total Administrative	$128,453.00	$61,214.00	$65,033.00	$126,247.00	$125,814.00	

Field						
ProfServ-Field Management	$10,500.00	$5,750.00	$4,750.00	$10,500.00	$13,500.00	
Landscape Maintenance	$211,150.00	$127,226.00	$83,924.00	$211,150.00	$211,150.00	
Porter Service	$780.00	$0.00	$0.00	$0.00	$0.00	
Pond & Lake Maintenance	$26,500.00	$29,533.00	$0.00	$29,533.00	$26,500.00	

ADOPTED	ACTUAL	PROJECTED	TOTAL	ANNUAL	
BUDGET	THRU	April-	PROJECTED	BUDGET	
ACCOUNT DESCRIPTION	FY 2026	3/31/2026	9/30/2026	FY 2026	FY 2027	

Electricity - General	$7,680.00	$4,199.00	$4,268.60	$8,467.60	$9,000.00	
Signage	$250.00	$0.00	$250.00	$250.00	$250.00	
Misc Repairs & Pressure Washing	$5,000.00	$1,138.00	$3,862.00	$5,000.00	$5,000.00	
Landscape Replenishment	$20,000.00	$4,605.00	$15,395.00	$20,000.00	$20,000.00	
Landscape Irrigation	$18,000.00	$2,649.00	$15,351.00	$18,000.00	$18,000.00	
Entry Walls & Monuments	$3,500.00	$0.00	$3,500.00	$3,500.00	$3,500.00	
Holiday Decorations	$11,000.00	$11,000.00	$0.00	$11,000.00	$12,000.00	
Contingency	$20,000.00	$3,736.00	$16,264.00	$20,000.00	$40,000.00	
Dog Waste Services	$4,164.00	$2,472.00	$1,692.00	$4,164.00	$4,944.00	
Capital Projects	$132,185.00	$0.00	$132,185.00	$132,185.00	$100,819.00	
Total Field	$470,709.00	$192,308.00	$281,441.60	$473,749.60	$464,663.00	

Reserves						
Reserve Renewal & Replacement	$28,992.00	$13,105.00	$15,887.00	$28,992.00	$33,525.00	
Total Reserve	$28,992.00	$13,105.00	$15,887.00	$28,992.00	$33,525.00	

TOTAL EXPENDITURES	$628,154.00	$266,627.00	$362,361.60	$628,988.60	$624,002.00	

Net change in fund balance	

$0.00	

$386,258.00	

-$352,669.60	

$33,588.40	

$0.00	

FUND BALANCE, BEGINNING	
$1,256,952.00	
$1,256,952.00	
$0.00	
$1,256,952.00	
$1,256,952.00	
FUND BALANCE, ENDING	$1,256,952.00	$1,643,210.00	$0.00	$1,256,952.00	$1,256,952.00	

Community Development District
Exhibit "A"
Allocation of Fund Balances

FISCAL YEAR 2026 RESERVE FUND ANALYSIS

Beginning Fund Balance - Carry Forward Surplus as of 10/1/2025	$1,256,952.00 Less: Forecasted Surplus/(Deficit) as of 9/30/2026		$31,093.40

Estimated Funds Available - 9/30/2026	$1,288,045.40

FISCAL YEAR 2027 RESERVE FUND ANALYSIS

Beginning Fund Balance - Carry Forward Surplus as of 10/1/2026 (1)	$1,288,045.40

Less: First Quarter Operating Reserve	-$166,907.74

Less: Designated for Renewal & Replacement Costs	-$83,882.00

Less: Forecasted Surplus/(Deficit) as of 9/30/2027	$0.00

Estimated Remaining Undesignated Cash as of 9/30/2027	$1,037,255.66

Notes

(1) Represents approximately 3 months of operating expenditures

Annual Operating and Debt Service Budget
3

Budget Narrative
Fiscal Year 2027

REVENUES

Interest-Investments
The District earns interest on its operating accounts.

Special Assessments – Tax Collector
The District will levy a Non-Ad Valorem assessment on all the assessable property within the District to pay for the operating expenditures during the Fiscal Year. The collection will be provided by the Tax Collector pursuant to Section 197.3632, Florida Statutes, which is the Uniform Collection Methodology.

Other Miscellaneous Revenues
Additional revenue sources not otherwise specified by other categories.

Special Assessments-Discounts
Per Section 197.162, Florida Statutes, discounts are allowed for early payment of assessments only when collected by the Tax Collector. The budgeted amount for the fiscal year is calculated at 4% of the anticipated Non-Ad Valorem assessments.

EXPENDITURES

Financial and Administrative Supervisor Compensation
Chapter 190 of the Florida Statutes allows for members of the Board of Supervisors to be compensated $200 per meeting at which they are in attendance. The amount for the Fiscal Year is based upon four supervisors attending meetings.

Payroll Taxes
Payroll taxes in relation to the supervisor compensation.

Arbitrage Rebate
The District is required to annually calculate the arbitrage rebate liability on the distrcits bonds.

Dissemination Agent
The District is required by the Securities and Exchange Commission to comply with rule 15c2-12(b)-(5), which relates to additional reporting requirements for unrelated bond issues. The budgeted amount for the fiscal year is based on standard fees charged for this service.
District Engineer
The District's engineer provides general engineering services to the District, i.e., attendance and preparation for board meetings when requested, review of invoices, and other specifically requested assignments.

District Counsel
The District’s attorney provides general legal services to the District, i.e., attendance and preparation for Board meetings, review of contracts, agreements, resolutions, and other research as directed or requested by the BOS District Manager.

Trustee Fees
The District pays US Bank an annual fee for trustee services on the Bonds. The budgeted amount for the fiscal year is based on previous year plus any out-of-pocket expenses.

Budget Narrative
Fiscal Year 2027
Financial and Administrative (continued) Assessment Roll Preparation
Cost associated with the annual preparation of the distrcits assessment roll.

District Management
The District retains the services of a consulting manager, who is responsible for the daily administration of the District's business, including any and all financial work related to the Bond Funds and Operating Funds of the District, and preparation of the minutes of the Board of Supervisors. In addition, the District Manager prepares the Annual Budget(s), implements all policies of the Board of Supervisors and attends all meetings of the Board of Supervisors.

Accounting Services
Services including the preparation and delivery of the District’s financial statements in accordance with Governmental Accounting Standards, accounts payable and accounts receivable functions, asset tracking, investment tracking, capital program administration and requisition processing, filing of annual reports required by the State of Florida and monitoring of trust account activity.

Auditing Services
The District is required to conduct an annual audit of its financial records by an Independent Certified Public Accounting Firm. The budgeted amount for the fiscal year is an estimate based on prior year costs.

Email
Cost of email maintenance and technical support.
Inframark provides recording services with near verbatim minutes.

Insurance-General Liability
The District's General Liability & Public Officials Liability Insurance policy is with Egis Insurance Advisors, LLC. The budgeted amount allows for a projected increase in the premium.

Legal Advertising
The District is required to advertise various notices for monthly Board meetings and other public hearings in the newspaper of general circulation.

Mass Mailings
Copies used in the preparation of agenda packages, required mailings, and other special projects.

Miscellaneous Services
All other administrative costs.

Dues, Licenses and Fees
This represents the cost of the District’s operating license as well as the cost of memberships in necessary organizations.

Bank Fees
This represents the cost of bank charges and other related expenses that are incurred during the year.

Payroll – General Administration
All other administrative costs relating to payroll fees

Budget Narrative
Fiscal Year 2027
Financial and Administrative (continued) Miscellaneous-Assessment Collection Costs
The District reimburses the tax collector for necessary administrative costs. Per the Florida Statutes, administrative costs shall include, but not be limited to, those costs associated with personnel, forms, supplies, data processing, computer equipment, postage, and programming. The District also compensates the tax collector for the actual cost of collection or 2% on the amount of special assessments collected and remitted, whichever is greater. The assessment collection cost is based on a maximum of 2% of the anticipated assessment collections.

Website Administration Services
The cost of web hosting and regular maintenance of the District’s website by Inframark Management Services.

Field

Field Management
The District has a contract with Inframark Infrastructure Management Services. for services in the administration and operation of the Property and its contractors.

Landscape Maintenance - Contract
Landscaping company to provide maintenance consisting of mowing, edging, trimming, blowing, fertilizing, and applying pest and disease control chemicals to turf throughout the District.
Porter Services
Cost related to onsite cleaning, light maintenance, etc.
Pond & Lake Maintenance
Expenses related to the care and maintenance of the lakes and ponds for the control of nuisance plant and algae species.

Electric Utility Services
Electricity for accounts with the local Utilities Commissions for the swim club, parks, and irrigation. Fees are based on historical costs for metered use.
Signage
Cost related to the entrance monuments

Misc. Repairs and Pressure Washing
Costs for other miscellaneous repairs throughout the community as well as pressure washing expenses.

Landscaping – Replenishment
Cost of replacing dead or damaged plants throughout the district.
Irrigation Maintenance
Purchase of irrigation supplies. Unscheduled maintenance consists of major repairs and replacement of system components including weather station and irrigation lines.

Access Keys/Cards
Fees related to the purchase of replacement access cards for residents.

Holiday Decorations
Cost of decorations for major holidays (i.e., Christmas)

Contingency
Funds set aside for projects, as determined by the district’s board.

Budget Narrative
Fiscal Year 2027
Field (continued) Dog Waste Services
Expenses related to dog waste pick up and disposal fees.

Capitol Projects
Cost related to miscellaneous projects throughout the community.

Stonebrier
Community Development District

Debt Service Budget
FY 2027

Summary of Revenues Expenditures and Changes in Fund Balance
Fiscal Year 2027 Budget
Series 2016 Bonds

	ADOPTED	ACTUAL	PROJECTED	TOTAL	ANNUAL	

ACCOUNT DESCRIPTION	BUDGET
FY 2026	THRU
3/31/2026	April-
9/30/2026	PROJECTED
FY 2026	BUDGET
FY 2027	

REVENUES

Interest - Investments	$0.00	$7,626.00	$0.00	$7,626.00	$0.00	
Special Assmnts- Tax Collector	$445,438.00	$438,566.00	$6,872.00	$445,438.00	$473,869.57	
Special Assmnts- Discounts	$0.00	$0.00	$0.00	$0.00	$0.00	
TOTAL REVENUES	$445,438.00	$446,192.00	$6,872.00	$453,064.00	$473,869.57	

EXPENDITURES						
Administrative
Misc-Assessment Collection Cost	
$0.00	
$0.00	
$0.00	
$0.00	
$9,477.39	
Total Administrative	$0.00	$0.00	$0.00	$0.00	$9,477.39	

Debt Service	
Principal Debt Retirement	$290,000.00	$0.00	$290,000.00	$290,000.00	$300,000.00	
Principal Debt Retirement - Special Call	$0.00	$0.00	$0.00	$0.00	$0.00	
Interest Expense	$154,926.00	$79,638.00	$75,288.00	$154,926.00	$150,575.00	

Total Debt Service	$444,926.00	$79,638.00	$365,288.00	$444,926.00	$450,575.00	
						
TOTAL EXPENDITURES	$444,926.00	$79,638.00	$365,288.00	$444,926.00	$460,052.39	

Net change in fund balance	

$0.00	

$366,554.00	

-$358,416.00	

$8,138.00	

$13,817.18	

FUND BALANCE, BEGINNING	

$434,158.00	

$434,158.00	

$0.00	

$434,158.00	

$442,296.00	
FUND BALANCE, ENDING	$434,670.00	$800,712.00	-$358,416.00	$442,296.00	$456,113.18	

PAR VALUE OF BONDS AFTER ANNUAL PRINCIPAL PAYMENT	
	5/1/2024	5/1/2025	5/1/2026	5/1/2027	
Series 2016 Bonds	$270,000.00	$280,000.00	$290,000.00	$300,000.00	

SERIES 2016 AMORTIZATION SCHEDULE
Period Ending	Principal	Interest	Annual Debt
Service

Amount Outstanding

5/1/2017	$200,000.00	$141,612.60		$6,330,000.00	
11/1/2017	$10,000.00	$103,768.75	$455,381.35	$6,320,000.00	
5/1/2018	$240,000.00	$103,668.75		$6,080,000.00	
11/1/2018		$101,268.75	$444,937.50	$6,080,000.00	
5/1/2019	$245,000.00	$101,268.75		$5,835,000.00	
11/1/2019		$98,818.75	$445,087.50	$5,835,000.00	
5/1/2020	$250,000.00	$98,818.75		$5,585,000.00	
11/1/2020		$96,318.75	$445,137.50	$5,585,000.00	
5/1/2021	$255,000.00	$96,318.75		$5,330,000.00	
11/1/2021		$93,450.00	$444,768.75	$5,330,000.00	
5/1/2022	$260,000.00	$93,450.00		$5,070,000.00	
11/1/2022		$90,525.00	$443,975.00	$5,070,000.00	
5/1/2023	$265,000.00	$90,525.00		$4,805,000.00	
11/1/2023		$87,212.50	$442,737.50	$4,805,000.00	
5/1/2024	$270,000.00	$87,212.50		$4,535,000.00	
11/1/2024		$83,837.50	$441,050.00	$4,535,000.00	
5/1/2025	$280,000.00	$83,837.50		$4,255,000.00	
11/1/2025		$79,637.50	$443,475.00	$4,255,000.00	
5/1/2026	$290,000.00	$79,637.50		$3,965,000.00	
11/1/2026		$75,287.50	$444,925.00	$3,965,000.00	
5/1/2027	$300,000.00	$75,287.50		$3,665,000.00	
11/1/2027		$70,037.50	$445,325.00	$3,665,000.00	
5/1/2028	$310,000.00	$70,037.50		$3,355,000.00	
11/1/2028		$64,612.50	$444,650.00	$3,355,000.00	
5/1/2029	$320,000.00	$64,612.50		$3,035,000.00	
11/1/2029		$59,012.50	$443,625.00	$3,035,000.00	
5/1/2030	$330,000.00	$59,012.50		$2,705,000.00	
11/1/2030		$53,237.50	$442,250.00	$2,705,000.00	
5/1/2031	$345,000.00	$53,237.50		$2,360,000.00	
11/1/2031		$47,200.00	$445,437.50	$2,360,000.00	
5/1/2032	$355,000.00	$47,200.00		$2,005,000.00	
11/1/2032		$40,100.00	$442,300.00	$2,005,000.00	
5/1/2033	$370,000.00	$40,100.00		$1,635,000.00	
11/1/2033		$32,700.00	$442,800.00	$1,635,000.00	
5/1/2034	$385,000.00	$32,700.00		$1,250,000.00	
11/1/2034		$25,000.00	$442,700.00	$1,250,000.00	
5/1/2035	$400,000.00	$25,000.00		$850,000.00	
11/1/2035		$17,000.00	$442,000.00	$850,000.00	
5/1/2036	$415,000.00	$17,000.00		$435,000.00	
11/1/2036		$8,700.00	$440,700.00	$435,000.00	
5/1/2037	$435,000.00	$8,700.00			
Total	$2,796,962.60	$8,883,262.60	$146,160,000.00

Budget Narrative
Fiscal Year 2027

REVENUES

Interest-Investments
The District earns interest on its operating accounts.

Special Assessments – Tax Collector
The District will levy a Non-Ad Valorem assessment on all the assessable property within the District to pay for the operating expenditures during the Fiscal Year. The collection will be provided by the Tax Collector pursuant to Section 197.3632, Florida Statutes, which is the Uniform Collection Methodology.

Special Assessments-Discounts
Per Section 197.162, Florida Statutes, discounts are allowed for early payment of assessments only when collected by the Tax Collector. The budgeted amount for the fiscal year is calculated at 4% of the anticipated Non-Ad Valorem assessments.

EXPENDITURES

Debt Service

Principal Debt Retirement
The district pays regular principal payments to annually to pay down/retire the debt.

Interest Expense
The District Pays interest Expenses on the debt twice a year.

Stonebrier
Community Development District

Supporting Budget Schedule
FY 2027

ASSESSMENT INCREASE ANALYSIS

Stonebrier
Community Development District

Assessment Summary
Fiscal Year 2027 vs. Fiscal Year 2026

ASSESSMENT ALLOCATION

Assessment Area One	

Product	

Units	General Fund	Debt Service Series 2016	Total Assessments per Unit	
		FY 2027	FY 2026	Dollar
Change	FY 2027	FY 2026	Dollar
Change	Percent
Change	FY 2027	FY 2026	Dollar
Change	Percent
Change	

SF 50'	
278	
$1,181.74	
$1,181.74	
$0.00	
$812.67	
$812.67	
$0.00	
0.00%	
$1,994.41	
$1,994.41	
$0.00	
0.00%	
SF 60'	37	$1,352.61	$1,364.07	-$11.46	$975.21	$975.21	$0.00	0.00%	$2,327.82	$2,339.28	-$11.46	-0.49%	
SF 65'	129	$1,438.05	$1,455.24	-$17.19	$1,056.48	$1,056.48	$0.00	0.00%	$2,494.53	$2,511.72	-$17.19	-0.68%	
SF 75'	62	$1,608.93	$1,637.57	-$28.64	$1,219.01	$1,219.01	$0.00	0.00%	$2,827.94	$2,856.58	-$28.64	-1.00%	
	506												

ASSESSMENT TREND ANALYSIS - GENERAL FUND	

FY2027	

FY2026	

FY2025	

FY2024	

FY2023	

$1,181.74	
$1,181.74	
$1,352.61	$1,364.07	
$1,438.05	$1,455.24	
$1,608.93	$1,637.57	

	Assessment Increase		
Product	Per Product	Per Unit O&M % Increase	Per Unit O&M $
Increase	

SF 50'	
$0.00	
0%	
$0.00	
SF 60'	$0.00	0%	$0.00	
SF 65'	$0.00	0%	$0.00	
SF 75'	$0.00	0%	$0.00	

Total	$	-	Collection costs included