Stoneybrook West	
Community Development District	

Adopted Budget	
FY 2026	

Table of Contents

1-2		General Fund	

3-5	
	Narratives	

6	
	Capital Reserve Fund	

7	
	Debt Service Fund Series 2018	

8-9	
	Series 2018 Amortization Schedule	

10	
	Assessment Schedule	

Special Assessments - Tax Roll	
Interest Income	
Carry Forward Surplus	

Stoneybrook West	
Community Development District	
Adopted Budget	
General Fund	

REVENUES:	

$	494,752	

$	479,183	

$	15,571	

$	494,754	

$	494,754	
	12,000	15,411	2,671	18,082	14,000	
	-	-	-	-	13,839	
TOTAL REVENUES	$	506,752	$	494,594	$	18,242	$	512,836	$	522,593	
EXPENDITURES:						
Administrative						

Supervisor Fees	
PR-FICA	
Arbitrage Rebate	
Engineering	
Attorney	
Management Fees	
Assessment Administration	
Trustee Fees	
Annual Audit	
Website Maintenance	
Postage & Delivery	
Insurance General Liability	
Printing & Binding	
Legal Advertising	
Information Technology	
Office Supplies	
Other Current Charges	
Dues, Licenses & Subscriptions	
Property Taxes	

$	5,000	$	2,600	$	1,000	$	3,600	$	5,000	
383	199	77	275	383	
600	-	-	-	-	
6,500	3,133	6,368	9,500	10,000	
20,000	14,399	6,601	21,000	23,000	
39,375	29,531	9,844	39,375	40,556	
5,250	5,250	-	5,250	5,408	
7,200	7,004	-	7,004	7,686	
4,500	3,800	-	3,800	3,900	
1,200	900	300	1,200	1,236	
650	11	439	450	300	
7,370	7,476	-	7,476	7,228	
1,500	80	420	500	1,000	
1,500	-	1,500	1,500	1,400	
1,800	1,350	450	1,800	1,854	
750	0	400	400	700	
750	880	495	1,375	2,231	
175	175	-	175	175	
5,250	-	5,250	5,250	5,250	

TOTAL ADMINISTRATIVE	$	109,753	$	76,788	$	33,142	$	109,930	$	117,306	
Operations & Maintenance
Field Expenditures

Field Management	
Insurance Property	
Landscape - Contract	
Landscape - Other	
Pest Control	
Lake and Wetland	
Fountain - Contract	
Fountain - R&M	
General Maintenance	
Utility - Electric	
Stormwater Drainage Maintenance	
Misc - Contingency	
Capital Outlay	

$	15,750	$	11,813	$	3,938	$	15,750	$	16,223	
-	-	-	-	996	
56,772	40,500	13,500	56,772	54,000	
-	3,250	1,750	5,000	5,000	
65,148	48,861	16,287	65,148	65,500	
39,060	29,295	9,765	39,060	39,060	
4,200	2,100	2,100	4,200	4,200	
-	-	5,000	5,000	5,000	
18,000	-	8,000	8,000	10,000	
12,500	9,175	3,325	12,500	13,125	
2,680	2,010	670	2,680	2,680	
10,543	-	5,000	5,000	19,004	
60,000	14,255	43,356	57,611	60,000	

TOTAL FIELD EXPENDITURES	$	284,653	$	161,258	$	112,691	$	276,721	$	294,788	

TOTAL EXPENDITURES	$	394,406	$	238,046	$	145,833	$	386,651	$	412,094	

Stoneybrook West	
Community Development District	
Adopted Budget	
General Fund	

Other Sources/(Uses)

Emergency Reserve - Transfer Out	
Pond Reserve - Transfer Out	

$	(27,346)	$	(27,346)	$	-	$	(27,346)	$	(25,500)	
(85,000)	(85,000)	-	(85,000)	(85,000)	

TOTAL OTHER SOURCES/(USES)	$	(112,346)	$	(112,346)	$	-	$	(112,346)	$	(110,500)	

EXCESS REVENUES (EXPENDITURES)	$	-	$	144,202	$	(127,592)	$	13,839	$	-	

Product	Assessable Units	Net Assessment	Gross Assessment	FY25
Gross Per Unit	FY26
Gross Per Unit	Increase / (Decrease)	

TH	186	$	34,235.42	$	36,420.66	$	195.81	$	195.81	$	-	
40	350	65,635.50	69,825.00	199.50	199.50	-	
40.5	112	19,073.58	20,291.04	181.17	181.17	-	
50	589	164,093.75	174,567.82	296.38	296.38	-	
60	472	152,115.69	161,825.20	342.85	342.85	-	
75	138	49,022.49	52,151.58	377.91	377.91	-	
90	27	10,577.88	11,253.06	416.78	416.78	-	

TOTAL	1874	$ 494,754.30	$ 526,334.36	

REVENUES	
Special Assessments - Tax Roll	
The District will levy a Non-Ad Valorem assessment on all sold and platted parcels within the District in order to pay for the
operating expenditures during the Fiscal Year.	
Interest Income	
The District earns interest on the monthly average collected balance for each of their investment accounts.	
Expenditures - Administrative	
Supervisors Fees	
Chapter 190 of the Florida Statutes allows for members of the Board of Supervisors to be compensated
$200 per meeting in which they attend. The budgeted amount for the fiscal year is based on all supervisors attending 6 meetings.	
FICA Taxes	
Payroll taxes on Board of Supervisor’s compensation. The budgeted amount for the fiscal year is calculated at 7.65% of the total Board of Supervisor’s payroll expenditures.	
Engineering	
The District's engineer will provide general engineering services to the District, i.e. attendance and preparation for monthly board meetings, review of invoices, and other specifically requested assignments.	
Attorney	
The District’s Attorney, will be providing general legal services to the District, i.e., attendance and preparation for monthly Board meetings, review of contracts, review of agreements and resolutions, and other research assigned as directed by the Board of Supervisors and the District Manager.	
Management Fees	
The District receives Management, Accounting and Administrative services as part of a Management Agreement with Governmental Management Services-South Florida, LLC. The budgeted amount for the fiscal year is based on the contracted fees outlined in Exhibit "A" of the Management Agreement.	
Assessment Administration	
Expenditures with Governmental Management Services related to adminitration of the District's Assessment Roll.	
Trustee Fees	
The District bonds will be held and administered by a Trustee. This represents the trustee annual fee.	
Annual Audit	
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 based on contracted fees from the previous year engagement.	
Website Maintenance	
Per Chapter 2014-22, Laws of Florida, all Districts must have a website to provide detailed information on the CDD as well as links to useful websites regarding Compliance issues. This website will be maintained by GMS-SF, LLC and updated monthly.	
Postage and Delivery	
Actual postage and/or freight used for District mailings including agenda packages, vendor checks and other correspondence.	
Insurance General Liability	
The District's General Liability & Public Officials Liability Insurance policy is with a qualified entity that specializes in providing insurance coverage to governmental agencies. The amount is based on an estimate from the insurance provider.	
Printing and Binding	
Copies used in the preparation of agenda packages, required mailings, and other special projects.	
Legal Advertising	
The District is required to advertise various notices for monthly Board meetings and other public hearings in a newspaper of
general circulation.	

Expenditures - Administrative (continued)			
Information Technology			
The District processes all of its financial activities, i.e. accounts payable, financial statements, etc. on a main frame computer leased by Governmental Management Services – South Florida, LLC.	
Office Supplies			
Supplies used in the preparation and binding of agenda packages, required mailings, and other special projects.	
Property Taxes			
The District anticipates to pay property taxes on parcels.	
Other Current Charges			
This includes monthly bank charges and any other miscellaneous expenses that incur during the year.	
Due, Licenses & Subscriptions			
The District is required to pay an annual fee to the Florida Department of Commerce for $175.	
Expenditures – Field			
Field Management			
The District will contract management services for the operation of the Property and its contractors.	
Insurance Property			
The District's Property Insurance policy is with a qualified entity that specializes in providing insurance coverage to governmental agencies. The amount is based upon similar Community Development Districts.	
Landscape - Contract			
The District currently has a contract with Blade Runners Commercial Landscaping Orlando, LLC. to maintain landscaping throughout the District.	
DESCRIPTION	MONTHLY	ANNUAL AMOUNT	
LANDSCAPE MAINTENANCE	$4,500	$54,000	
Landscape - Other			
Funding for trimming, replacement of trees/plants, and other routine landscape maintenance not covered under the landscape vendor contract.	
Pest Control			
The District currently has a contract with Sitex Aquatics to provide pest control services throughout the District.	
DESCRIPTION	MONTHLY	ANNUAL AMOUNT	
MIDGE FLY LARVICIDE	$2,205	$26,460	
MOSQUITO FOGGING SVCS	$2,976	$35,712	
ADDITIONAL SVCS		$3,328	
		
$65,500	
Lake and Wetland			
Scheduled maintenance consists of inspections and treatment of CDD lakes and ponds. Herbiciding will consist of chemical treatments. Algae control will include removal and chemical treatments by Sitex Aquatics.	
DESCRIPTION	MONTHLY	ANNUAL AMOUNT	
LAKE & WATERWAYS MAINTENANCE	$3,255	$39,060	
Fountain - Contract			
The District currently has a contract with Sitex Aquatics to maintain and repair the fountain.	
DESCRIPTION	BI-MONTHLY	ANNUAL AMOUNT	
LAKE & WATERWAYS MAINTENANCE	$700	$4,200	
Fountain - R&M			
The District incurs additional expenses to maintain, repairs and or replace the fountains.	
General Maintenance			
The District incurs general maintenance expenses for the daily operations.	

Expenditures – Field (continued)	
Utility - Electric				
Represents costs for electric for projects such as streetlights, signs, electric for well pumps, guardhouse, entrance features, fountain
and pool house. Duke Energy provides this service.	
ACCOUNT #'s:	DESCRIPTION	MONTHLY AVG	ANNUAL AVG AMOUNT	
910083549516	Fountain	$100	$1,200	
910083550048	Fountain	$95	$1,140	
910083550494	Fountain	$195	$2,340	
910083550733	Fountain	$100	$1,200	
910083549780	Fountain	$76	$912	
910083550270	Fountain	$280	$3,360	
910164567906	Irrigation	$85	$1,020	
910164571241	Irrigation	$82	$984	
910164605129	Irrigation	$80	$969	
			
$13,125	
Stormwater Drainage Maintenance	
The District incurs repairs and maintenance which could include vacuum, clearing, desilting, dredging, and repair services with
respect to certain District drainage structures. Sitex Aquatics provides this service.	
DESCRIPTION		QUARTERLY	ANNUAL
AMOUNT	
STORMWATER DRAINAGE		$670	$2,680	

Misc. Contingency	
This includes any other miscellaneous expenses incurred during the year.	
Capital Outlay	
Major expenses or asset acquisitions the District may incure throughout the year.	
Reserves	
Reserves - Emergency	
The District has put aside this fund for any emergency expenditures that may arise.	
Reserves - Ponds	
This Reserve fund is assigned for future pond project that the District anticipates.	

Stoneybrook West	
Community Development District	
Adopted Budget	
Capital Reserve Fund	

Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Adopted Budget	
Description	FY2025	6/30/25	3 Months	9/30/25	FY 2026	

REVENUES:

Interest Income	$	4,800	$	5,374	$	764	$	6,138	$	4,500	
Carry Forward Balance	108,184	-	108,184	108,184	226,068	

TOTAL REVENUES	$	112,984	$	5,374	$	108,948	$	114,322	$	230,568	

EXPENDITURES:

Other Current Charges	$	540	$	490	$	110	$	600	$	600	

TOTAL EXPENDITURES	$	540	$	490	$	110	$	600	$	600	

Other Sources/(Uses)

Emergency Reserve - Transfer In	$	27,346	$	27,346	$	-	$	27,346	$	25,500	
Pond Reserve - Transfer In	85,000	85,000	-	85,000	85,000	

TOTAL OTHER SOURCES/(USES)	$	112,346	$	112,346	$	-	$	112,346	$	110,500	

EXCESS REVENUES (EXPENDITURES)	$	224,790	$	117,230	$	108,838	$	226,068	$	340,468	

Stoneybrook West	
Community Development District	
Adopted Budget	
Debt Service Series 2018 Special Assessment Bonds	

Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Adopted Budget	
Description	FY2025	6/30/25	3 Months	9/30/25	FY 2026	

REVENUES:

Special Assessments-On Roll	
Interest Earnings	
Carry Forward Surplus (1)	

$	497,688	$	482,025	$	15,664	$	497,689	$	497,688	
5,000	9,239	2,500	11,739	5,000	
142,646	144,743	-	144,743	150,848	

TOTAL REVENUES	$	645,334	$	636,007	$	18,164	$	654,171	$	653,536	

EXPENDITURES:

Interest A1	
Interest A2	
Principal A1	
Principal A2	

$	16,962	$	16,962	$	-	$	16,962	$	15,688	
110,360	110,360	-	110,360	98,220	
35,000	35,000	-	35,000	36,000	
341,000	341,000	-	341,000	353,000	

TOTAL EXPENDITURES	$	503,322	$	503,322	$	-	$	503,322	$	502,909	

EXCESS REVENUES (EXPENDITURES)	$	142,012	$	132,684	$	18,164	$	150,848	$	150,627	

Interest Due 11/1/26	 $	50,016 	
	 $	50,016 	

(1) Carry Forward is Net of Reserve Requirement

Product	Assessable Units	Net Assessment	Gross Assessment	FY25
Gross Per Unit	FY26
Gross Per Unit	Increase / (Decrease)	

TH	186	$	32,459.05	$	34,530.90	$	185.65	$	185.65	$	-	
40	350	63,987.21	68,071.50	194.49	194.49	-	
40.5	111	19,370.72	20,607.15	185.65	185.65	-	
50	588	147,935.51	157,378.20	267.65	267.65	-	
60	472	155,563.08	165,492.64	350.62	350.62	-	
75	138	61,684.45	65,621.76	475.52	475.52	-	
90	27	16,688.11	17,753.31	657.53	657.53	-	

TOTAL	1872	$ 497,688.13	$ 529,455.46	

Stoneybrook West	
Community Development District	
AMORTIZATION SCHEDULE	
Debt Service Series 2018 Special Assessment Bonds A-1	

11/01/23	$	500,000	3.640%	$	-	$	9,100	$	9,100	
05/01/24	500,000	3.640%	34,000	9,100		
11/01/24	466,000	3.640%	-	8,481	51,581	
05/01/25	466,000	3.640%	35,000	8,481		
11/01/25	431,000	3.640%	-	7,844	51,325	
05/01/26	431,000	3.640%	36,000	7,844		
11/01/26	395,000	3.640%	-	7,189	51,033	
05/01/27	395,000	3.640%	38,000	7,189		
11/01/27	357,000	3.640%	-	6,497	51,686	
05/01/28	357,000	3.640%	39,000	6,497		
11/01/28	318,000	3.640%	-	5,788	51,285	
05/01/29	318,000	3.640%	41,000	5,788		
11/01/29	277,000	3.640%	-	5,041	51,829	
05/01/30	277,000	3.640%	42,000	5,041		
11/01/30	235,000	3.640%	-	4,277	51,318	
05/01/31	235,000	3.640%	44,000	4,277		
11/01/31	191,000	3.640%	-	3,476	51,753	
05/01/32	191,000	3.640%	45,000	3,476		
11/01/32	146,000	3.640%	-	2,657	51,133	
05/01/33	146,000	3.640%	47,000	2,657		
11/01/33	99,000	3.640%	-	1,802	51,459	
05/01/34	99,000	3.640%	49,000	1,802		
11/01/34	50,000	3.640%	-	910	51,712	
05/01/35	50,000	3.640%	50,000	910	50,910	

Total	$	500,000	$	126,126	$	626,126	

Stoneybrook West	
Community Development District	
AMORTIZATION SCHEDULE	
Debt Service Series 2018 Special Assessment Bonds A-2	

11/01/23	$	3,429,000	3.560%	$	-	$	61,036	$	61,036	
05/01/24	3,429,000	3.560%	329,000	61,036		
11/01/24	3,100,000	3.560%	-	55,180	445,216	
05/01/25	3,100,000	3.560%	341,000	55,180		
11/01/25	2,759,000	3.560%	-	49,110	445,290	
05/01/26	2,759,000	3.560%	353,000	49,110		
11/01/26	2,406,000	3.560%	-	42,827	444,937	
05/01/27	2,406,000	3.560%	366,000	42,827		
11/01/27	2,040,000	3.560%	-	36,312	445,139	
05/01/28	2,040,000	3.560%	380,000	36,312		
11/01/28	1,660,000	3.560%	-	29,548	445,860	
05/01/29	1,660,000	3.560%	393,000	29,548		
11/01/29	1,267,000	3.560%	-	22,553	445,101	
05/01/30	1,267,000	3.560%	407,000	22,553		
11/01/30	860,000	3.560%	-	15,308	444,861	
05/01/31	860,000	3.560%	422,000	15,308		
11/01/31	438,000	3.560%	-	7,796	445,104	
05/01/32	438,000	3.560%	438,000	7,796	445,796	

Total	$	3,429,000	$	639,340	$	4,068,340	

Stoneybrook West	
Community Development District	
Non-Ad Valorem Assessments Comparison	
2025-2026	

Neighborhood Type	O&M Units	Bonds Units
2018	
Annual Maintenance Assessments	
Annual Debt Assessments	
Total Assessed Per Unit	
	
FY 2026	
FY2025	Increase/ (decrease)	
FY 2026	
FY2025	Increase/ (decrease)	
FY 2026	
FY2025	Increase/ (decrease)	

TH	
186	
186	
$195.81	
$195.81	
$0.00	
$185.65	
$185.65	
$0.00	
$381.46	
$381.46	
$0.00	
40	350	350	$199.50	$199.50	$0.00	$194.49	$194.49	$0.00	$393.99	$393.99	$0.00	
40.5	112	111	$181.17	$181.17	$0.00	$185.65	$185.65	$0.00	$366.82	$366.82	$0.00	
50	589	588	$296.38	$296.38	$0.00	$267.65	$267.65	$0.00	$564.03	$564.03	$0.00	
60	472	472	$342.85	$342.85	$0.00	$350.62	$350.62	$0.00	$693.47	$693.47	$0.00	
75	138	138	$377.91	$377.91	$0.00	$475.52	$475.52	$0.00	$853.43	$853.43	$0.00	
90	27	27	$416.78	$416.78	$0.00	$657.53	$657.53	$0.00	$1,074.31	$1,074.31	$0.00	
Total	1874	1872										

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