Stoneybrook West	
Community Development District	

Approved Proposed Budget	
FY 2027	

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	
Approved Proposed Budget	
General Fund	

REVENUES:	

$	494,754	

$	454,839	

$	39,915	

$	494,754	

$	494,754	
	14,000	13,406	5,594	19,000	13,851	
	13,839	-	-	-	-	
TOTAL REVENUES	$	522,593	$	468,246	$	45,508	$	513,754	$	508,605	
EXPENDITURES:						
Administrative						

Supervisor Fees	
PR-FICA	
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	$	1,600	$	2,000	$	3,600	$	5,000	
383	122	153	275	383	
10,000	1,980	8,020	10,000	10,000	
23,000	15,117	7,883	23,000	23,000	
40,556	23,658	16,898	40,556	42,584	
5,408	5,408	-	5,408	5,678	
7,686	7,704	-	7,704	7,935	
3,900	3,900	-	3,900	4,000	
1,236	721	515	1,236	1,298	
300	1	299	300	300	
7,228	6,554	-	6,554	7,210	
1,000	32	969	1,000	1,000	
1,400	-	1,400	1,400	1,400	
1,854	1,082	773	1,854	1,947	
700	0	700	700	2,000	
2,231	809	871	1,680	991	
175	175	-	175	175	
5,250	-	5,250	5,250	5,250	

TOTAL ADMINISTRATIVE	$	117,306	$	68,862	$	45,731	$	114,593	$	120,150	
Operations & Maintenance
Field Expenditures

Field Management	$	16,223	$	9,463	$	6,760	$	16,223	$	17,034	
Insurance - Property	996	576	-	576	547	
Landscape - Contract	54,000	31,500	22,500	54,000	55,620	
Landscape - Other	5,000	366	4,634	5,000	5,000	
Pest Control	65,500	37,755	27,745	65,500	67,102	
Lake and Wetland	39,060	22,785	16,275	39,060	40,232	
Fountain - Contract	4,200	2,100	700	2,800	2,884	
Fountain - R&M	5,000	4,005	995	5,000	8,000	
General Maintenance	10,000	2,205	7,795	10,000	20,000	
Utility - Electric	13,125	7,940	5,185	13,125	15,000	
Stormwater Drainage Maintenance - Contract	2,680	2,010	670	2,680	2,760	
Misc - Contingency	19,004	5,099	14,599	19,698	40,775	
Capital Outlay	60,000	-	-	-	-	

TOTAL FIELD EXPENDITURES	$	294,788	$	125,804	$	107,857	$	233,662	$	274,955	

TOTAL EXPENDITURES	$	412,094	$	194,666	$	153,588	$	348,254	$	395,105	

Stoneybrook West	
Community Development District	
Approved Proposed Budget	
General Fund	

Other Sources/(Uses)

Reserves - Emergency	
Reserves - Ponds	

$	(25,500)	$	(25,500)	$	-	$	(25,500)	$	(28,500)	
(85,000)	(85,000)	(55,000)	(140,000)	(85,000)	

TOTAL OTHER SOURCES/(USES)	$	(110,500)	$	(110,500)	$	(55,000)	$	(165,500)	$	(113,500)	

EXCESS REVENUES (EXPENDITURES)	$	-	$	163,080	$	(163,080)	$	-	$	-	

Product	Assessable Units	Net Assessment	Gross Assessment	FY26
Gross Per Unit	FY27
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 Supervisors' compensation. The budgeted amount for the fiscal year is calculated at 7.65% of the total Board of Supervisors’ 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 the administration of the District's Assessment Roll.	
Trustee Fees	
The District bonds will be held and administered by a Trustee. This represents the trustee's 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's 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	
This expense is for actual postage and/or freight used for the District's mailings including agenda packages, vendor checks and	
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 mainframe 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 paying property taxes on parcels owned by the District.	
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	$4,635	$55,620	
Landscape - Other			
Funding for trimming, replacement of trees/plants, and other routine landscape maintenance that is 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	
		
$67,102	
Lake and Wetland			
Scheduled maintenance consists of inspections and treatment of CDD lakes and ponds. Herbicides will consist of chemical treatments. Algae control will include removal and chemical treatments by Sitex Aquatics.	
DESCRIPTION	MONTHLY	ANNUAL AMOUNT	
LAKE & WATERWAYS MAINTENANCE	$3,353	$40,232	
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	$481	$2,884	
Fountain - R&M			
The District incurs additional expenses to maintain, repair 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 electricity for projects such as streetlights, signs, electricity for the guardhouse, entrance features, irrigation,
well pumps, fountains and pool house. Duke Energy provides this service.	
ACCOUNT #'s:	DESCRIPTION	MONTHLY AVG	ANNUAL AVG AMOUNT	
910083549516	Fountain	$121	$1,449	
910083550048	Fountain	$116	$1,386	
910083550494	Fountain	$289	$3,465	
910083550733	Fountain	$105	$1,260	
910083549780	Fountain	$110	$1,323	
910083550270	Fountain	$184	$2,205	
910164567906	Irrigation	$105	$1,260	
910164571241	Irrigation	$105	$1,260	
910164605129	Irrigation	$115	$1,392	
			
$15,000	
Stormwater Drainage Maintenance				
The District incurs repairs and maintenance which could include vacuuming, clearing, desalting, dredging, and repair services with
respect to certain District drainage structures. Sitex Aquatics provides this service.	
DESCRIPTION		QUARTERLY	ANNUAL
AMOUNT	
STORMWATER DRAINAGE - maintenance		$670	$2,680	
STORMWATER DRAINAGE - cleanup		as needed	$80	
			
$2,760	
Misc. Contingency				
This includes any miscellaneous expenses that the District can incur during the Fiscal Year to include unplanned stormwater system repairs, installation of clams in ponds, clean up throughout the District periodically and after any hurricane.	
Capital Outlay				
Major expenses or asset acquisitions the District may incur 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 projects that the District anticipates.	

Stoneybrook West	
Community Development District	
Approved Proposed Budget	
Capital Reserve Fund	

Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Approved Proposed Budget	
Description	FY2026	4/30/26	5 Months	9/30/26	FY 2027	

REVENUES:

Interest Income	$	4,500	$	4,652	$	1,486	$	6,138	$	4,500	
Carry Forward Balance	226,068	-	226,068	226,068	342,106	

TOTAL REVENUES	$	230,568	$	4,652	$	227,554	$	232,206	$	346,606	

EXPENDITURES:

Other Current Charges	$	600	$	350	$	250	$	600	$	600	

TOTAL EXPENDITURES	$	600	$	350	$	250	$	600	$	600	

Other Sources/(Uses)

Emergency Reserve - Transfer In	$	25,500	$	25,500	$	-	$	25,500	$	28,500	
Pond Reserve - Transfer In	85,000	85,000	-	85,000	85,000	

TOTAL OTHER SOURCES/(USES)	$	110,500	$	110,500	$	-	$	110,500	$	113,500	

EXCESS REVENUES (EXPENDITURES)	$	340,468	$	114,802	$	227,304	$	342,106	$	459,506	

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

Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Approved Proposed Budget	
Description	FY2026	4/30/26	5 Months	9/30/26	FY 2027	

REVENUES:

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

$	497,688	$	457,536	$	40,152	$	497,688	$	497,688	
5,000	6,150	2,350	8,500	5,000	
150,848	165,137	-	165,137	168,416	

TOTAL REVENUES	$	653,536	$	628,823	$	42,502	$	671,325	$	671,104	

EXPENDITURES:

Interest A1	
Interest A2	
Principal A1	
Principal A2	

$	15,688	$	7,844	$	7,844	$	15,688	$	14,378	
98,220	49,110	49,110	98,220	85,654	
36,000	-	36,000	36,000	38,000	
353,000	-	353,000	353,000	366,000	

TOTAL EXPENDITURES	$	502,909	$	56,954	$	445,954	$	502,909	$	504,032	

EXCESS REVENUES (EXPENDITURES)	$	150,627	$	571,869	$	(403,453)	$	168,416	$	167,073	

Interest Due 11/1/27	$	42,809	

(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	
2026 - 2027	

Neighborhood Type	O&M Units	Bonds Units
2018	
Annual Maintenance Assessments	
Annual Debt Assessments	
Total Assessed Per Unit	
	
FY 2027	
FY2026	Increase/ (decrease)	
FY 2027	
FY2026	Increase/ (decrease)	
FY 2027	
FY2026	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										

Page 10