Community Development District Proposed Budget FY2025 Poinciana West 1 2-5 6 7 8 9 Amortization Schedule Series 2017 R2 Table of Contents General Fund General Fund Narrative Fund Balance Analysis Debt Service Fund Series 2017 R1 & R2 Amortization Schedule Series 2017 R1 Poinciana West Community Development District Proposed Budget General Fund Actuals Actuals Adopted Actuals 9/T3h0r/u22 9/T3h0r/u23 FBYu2d0g2e4t 4/T3h0r/u24 P5r MoNjeoecnxtttehds P9r/oT3joe0tc/at2le4d PFBrYou2pd0og2see5td Revenues ISCPMnpraitoesrecprcreyieeal rlFslat toAynrs eCwsoeoausnrssvd meR Byeeaanvlnetascnn e-uc eTeFeaexs Collector $ 2951,2,6503221300 $ 291113156,6,,,02539000180564 $ 2913106,2,,0290790200 $ 29218,5,,0660840900 $ 5 ,-000000 $ 291231,5,,0660840900 $ 2913157,2,,0590990900 Total Revenues $ 297,356 $ 336,723 $ 337,571 $ 302,253 $ 5,000 $ 307,253 $ 343,898 Expenditures Administrative IISFLPPPEETTAAAAAOODDMWnnIeurrottrrsennnftiuCasttfsesiobugfhpslggnoonoeusneieAbtpaisceeiieusrrrattpsrann tlseerrirnnm,Em seaag nighA ee avLrtmeeSCxenleeatgeeeoiidgi uyypcnsy uAcm t rrneeFveMo &ep ieauiir-nAoeeennnre rnt pdanePtrpsBiggenss olit is rAepiin nFtteiTnen-os sdret tFsei dpP aene&mCeciernisghnesh oriSaesnngtpaunryioresbc glCrteosertogcyasnry tCiivpooetnnyioavnnesyceance $ 146261233355667,6,,,,,,,,,,,,3800000134891245570570001122569005579900800034555890034552000 $ 1420212233333456,2,,,,,,,,,,,,,08000222456791145688007000233555692566678300800000255689015567880 $ 1246015122333445,0,,,,,,,,,,,,002011224555124478800000000035590025557500000000006880000559000 $ 2442224557,0,,,,,,,,00000126112444677030001455011255578303002246700012235610000 $ 1 2713367,0,,,,,,1124561233358060055511345562207000080033346010000000 $ 14 614123334558,0,,,,,,,,,,,250012245661345678890010000003550024566672500700000246800023556911 $ 124 6035122333455,0,,,,,,,,,,,,002122345568124478800060000005570055567500000000000560000579000 Total Administrative $ 112,395 $ 97,962 $ 115,651 $ 60,094 $ 43,935 $ 104,029 $ 119,792 SFLCCROAAiataopqq&eonepnuuMlrrddtiaamati sttnaSPtc iiileSccglao a OrtepnCMrnvnuseuoiti cct dnc&MRyletagt userMyaeopri enalMl a iMtRnaceeteainenmpianntanaeetinencnrecnsateanncece $ 1255048924,3,,,,,5692300492600390500 $ 12550699,3,,,028077900070000 $ 111236600005673,6,,,,,,,00001100000019090000480 $ 1224177,4,,,069249900780000 $ 11122 40004417,2,,,,,,,05799559022570020256700 $ 11255 80012217,7,,,,,,,02799551015770020225600 $ 111226610057893,1,,,,,,,00023404000014000000790 Total Operations & Maintenance $ 160,027 $ 155,537 $ 221,921 $ 71,154 $ 94,471 $ 165,625 $ 224,106 Total Expenditures $ 272,422 $ 253,499 $ 337,572 $ 131,248 $ 138,406 $ 269,654 $ 343,898 Excess Revenues/(Expenditures) $ 24,934 $ 83,223 $ (1) $ 171,005 $ (133,406) $ 37,599 $ 0 CoGllreNocestisto AAnss ssCeeossssstmm (6eenn%ttss) $$$ 23 0 19981,,,825999349 Property Type Platted Units Gross Per Unit Gross Total SRinecgrleea Ftaiomnialyl 116150 $$118866..5577 $3$20,70,58241 1661 $309,893 Page 1 Poinciana West Community Development District General Fund Budget Revenues: Special Assessments iTnh oer Ddiesrt rtioc tp wayi lflo lre vt hy– e aT oanpxoe nCr-oaaltldien cvgta oelrox rpeemnd aistuseresssm duenritn ogn t haell ftihseca als yseeasrs.a ble property within the District TInhtee rDeisstt rict earns interest income on their operating accounts and other investments. Expenditures: Administrative: SeCTuxhhcpaeeep aertmdvei r$so o4u1r,n98st 00F i,0e sFe pblsoea rrs ieyddea a orSn tp a5at iusdut etpose ,e raavlcilsohow Sruss pafeottrrev neisadocirnh fg oB 6ro tmahreed et imtmineegm sd bedevuror titneodg r tteohc eDe ifivissetcr ai$cl2 ty 0be0ua srpi. neer sms aenedti nmge, entoint gtso. FSRuIeCppAer erEvsxeipsnoetnrs s cethh eec kEsm. ployer’s share of Social Security and Medicare taxes withheld from Board of Engineering TrpDerhiqsoetuj reDiicscititsts,ti oraeinsc.gssti.', g sp anetrentedegp niaandsre aadentirirco,e enGc tAaeanIdn dC db o ypnr retsehvupeileta Bawrnoa tatosirof,d nIc no ocffn o.S, truwr apmicleltro bvnseipts heoplcrryiso f ivabcinoaddtaiin rotdghn esgm eDaneinseedttrri anibclg iteds Mn, gdarionencvaeuigeemerwrien. ngot fss e, irnavvniocdei csve atsro i aotnhudes Attorney aTDMnhiasdent rraDiegcisteso,rt elr.u .igct.it oa'stn tslee,n gadanald nc ocoetuh anensrde rl pe, srCeelaparrackrh a& tai soAsnil gbfonareu dmg hao,s n LdtLhirPlye, cmwteeidlel tbbinye gt shp,er po Brveoipdaarindrag ot igfo eSnnu aepnreadrlv rilesevogiraeslw as neordf va tighcreees De mtioset rtnihctest Arbitrage TDThhiseet rDDiciists’ttsrr iAiccrtt b hwiatirslal c gcoeon nRttrerabacactttee dw L wiitahibt hial niAt yMin oTdnEe tCph efeno Srde etrhniiets sc s 2eer0rt1vifi7ice eRd.1 p &u bRl2ic S apceccoiualn Atasnset stsom aennntu Raellfyu ncadlicnugl aBtoen tdhse. wTDhihsesic eDhmi sritnerlaiacttiteo isns troe qaudidrietdio bnya lt hreep Soerctuinrgit yr eaqnudi rEexmcheanntsg efo Cro umnmraitsesdio bno tnod c iosmsupelsy. with Rule 15c2-12(b)(5) Page 2 Poinciana West Community Development District General Fund Budget os ATennhr neva uDinca ieals .ntA rnuicudtai tils b raesqius.i rTehde b Dy iFsltorricidt ah aSsta ctountetsra tcot aerdr awnigthe fBoerr agne ri,n Tdoeopmenbdse, nEtl aamud, iGt aoifn ietss f&in aFnracinakl rfeocro trhdiss BT Trhounes dDtesi est thFraeicte tsa wrei ldl eppaoys aitnendu wali tthru as tTereu fseteese faotr U thSBe aSnekri. es 2017 R-1 & R-2 Special Assessment Refunding A t Thshesee c sDosilmsletercnitctiot A nhd aomsf icnnooinsnttr-raaadtci tovenad l owreitmh Gasosveesrsnmmeenntt oanl M alal naasgseemsseanbtle S perrvoipceerst-yC Fw, iLthLiCn t toh lee Dvyis atrnidct a. dminister Management Fees rnTMeohapten o Dalrigtmiisentimtrgei,ec dant n thtn,o aAu,s ca rccleo oacnuuotndrrtadiitcin,n tegegt da c an.w ndid tRh et Grcaoonrvdsecirnrnigpm Steieoncntra eolt Maf rbayno Saaegrrdevm imceeense tf toSinre rgtvhsi,e c beDsui-sdCtgereinctt tr.p aTrlhe Fpel oasrreairdtviaio,c nLe,Ls Cainl tlc olf uipndraoen,v cbidiuaetl IceRnlteocfpou. rr dme ssaettonirotasn g vTea eracinhodnu oss lecorogvsyet rosf, iancfcoorumnattiniogn s toefctwhnaorleo, gtya bfolert st hfeo rD mistereitcitn sgusc, hA daos bveid, Meoi ccroonsfoefrte Onfcfiincge,, Website Maintenance iRadLnsLoe sCmpae rcspaecsirsonmoer vnredientadsntne setcs,hw etes ha ewclescosi,uts ewhrt ssi ete Cyabrhs svsaaiiotcpnecetd iesba .ra tf iec1rdke8u ww9p,ais tl,Fhl el ommtcro.ia dGninaiot tvoeSenrtraianntnugmc taeeen,sn d.tu aTmplh dMaeaisntaeents aas,i gnederinmovgciecu tenmhste eS iDnnetrci svlutuircdpiecelsot ’ass–id wtCsee,e nbphtseoriratsfelto i Frcnmrlgoe araaintdnecadde, Telephone Telephone and fax machine. Postage aTnhde oDtihsetrri crte qinuciurerds cchoarrregseps ofonrd emnacieli. ng of agenda packages, overnight deliveries, checks for vendors Printing & Binding sPtraitnitoinnagr ya,n edn vBeilnopdeinsg e tacg. enda packages for board meetings, printing of computerized checks, Page 3 Poinciana West Community Development District General Fund Budget Insurance The District’s general liability and public officials liability insurance coverage aRgisekn cIniessu. r ance. Public Risk Insurance specializes in providing insurance cove rias gper otov igdoevde brnym Peunbtlaicl Legal Advertising iTnh ae nDeiswtrsipcat pise rr eoqf ugierneder taol acdirvceurltaitsieo nv.a rious notices for monthly Board meetings, public hearings, etc. Other Current Charges R sleippsr,e ssteonpt sp aaynmy emnitssc, eeltlca.n eous expenses incurred during the fiscal year such as bank fees, deposit Office Supplies The District incurs charges for office supplies that need to be purchased during the fiscal year. s PRereropvprieecrestesy.n Atsp par faeies ecrh arged by Polk County Property Appraiser’s office for assessment administration Dues, Licenses & Subscriptions iTsh teh eD oisntrlyic et xips erneqseu iurnedde tro t phaisy caante agnonruya flo fre teh teo D tihsetr Ficlot.r ida Department of Commerce for $175. This Operations & Maintenance: FGrcm eoioeesnvlepdtetro riSannnecdgmrts svt e iofwcno eptristar t holh peMceo Darnntitsyart agroicewctmton sreeusnr,c tphm hS aoeosnrn lviaetino ccredaisslnl csg–a apoCnefed aun nettmirdlai ltalay iklF sael.oc mcrioaduiann, tteLsn,L aaCnt tpceern.o dSv eiBdroveiascr eodsn misniecteleu tdfinieeg lodsn asmnitaden iranegscepemeivceetni oat nnosdf, dTLNaahoynevsd eD smdcisaubtprerieirnc M1tg smatt ithanoeit n Memtnaaaoirnncnscht eh t3 hs1 eso tl.fa TkAhepe br Dial nis1ktsr tm ictato ih nOatsce tncooabnnectrre a 3tch1teastdt aiwnncidtl hun dFoel o mlreasolswa wtinhnga 2 no, fLo nLnoCc e lfe oesrsv t ethrhiysa ns1 eo4rn vdciceae ye.s v efrroym 7 Description Monthly Annual L3a%n dInsccraepaes Me aintenance $5,537.94 $6$61,,495954 Total $68,449 Page 4 Poinciana West Community Development District General Fund Budget Aquatic lD Rimeisptitrreeicdste thCnoaot,s snt ctrcroeooasnltt t Mmfroaaercin tmnett daeri newnmatinetohcnve aSa nol claient utdod oethf Lfesa ipkteoe n dMdisasp nlooacsgaaetlm eodef nwntui ftiohsrian tn htcheees ve D esigesetrrtvaiictctie.o sSn.e ravnidc easl ginacel utrdeea, tbmute nart.e T nhoet Description Monthly Annual 3A%qu Iantcicr eMaasien tenance $5,59 9.50 $6$72,,109146 Total $69,210 l ARaqerpuvaricetiisdce eMn.)ti sd gcoe sMtsa fnoarg aeqmueantitc midge control (blind mosquitoes, weekly ATV aerosol & monthly aerial Description Monthly Annual 3A%qu Iantcicr eMaisdeg e Control $2,209.33 $26$,579152 Total $27,307 RR po&enpMdr es–s. Penlatns te Rsetipmlaacteemd ecnots t for the replacement of aquatic plants and tree replacement around the RSteoprrme sSetnrutsc teusrteim Raetpeadi rrse pair and maintenance cost to the storm structures maintained by the District. CRoenptriensgeenntcsy a ny additional field expense that may not have been provided for in the budget. C Raeppirteasle Onuttsl aeyst imated cost for any capital related projects. Page 5 Poinciana West Community Development District FY 2023 Ending Fund Balance Actual Beginning P r Pojleucst:e pdr Eojnedcitnedg FFeuuxncnedds sBB raaellavanenncceeue $$$ 67 835369,,,236129033 FY 2024 Estimated Ending Fund Balance PA rc LPotujeleausclss t::Be cpedarg sEoihnjn etndociit nnbegadg l FFeauuxnncnceedds b sBB uraaedllavagnenenctceeue $$$ 77 326747,,,056119459 FY 2025 Estimated Reserves (Ending Fund Balance) UOnpreersaetrinvegd R Feusenrdv eB (a3la mncoenths) $$$ 67 867548,,,669137459 Projected Fund Balance Analysis Page 6 Adopted Actuals FBYu2d0g2e4t 4/T3h0r/u24 P5r MoNjeoecnxtttehds P9r/oT3joe0tc/at2le4d PFBrYou2pd0og2see5td Revenues ICAAnssatssreeerrssyess Fsmmtoeernnwttassr --d PT Srauexrp Cpaolyulmlseectnotrs $ 1,024616,0,1046000 $ 1,023723226,5,,,82142024641 $ 5 , -55100 $ 1,023723276,5,,,87142524651 $ 1,034303,3,2601800 Total Revenues $ 1,307,146 $ 1,334,695 $ 5,551 $ 1,340,246 $ 1,373,569 Expenditures Administrative Property Appraiser $ 11,200 $ - $ 11,200 $ 11,200 $ 11,200 Series 2017 R-1 IIPnnrttineerrceeipssatt l-- -15 5/1/11 114566044,,,055088044 164,58400 145604,,0508040 114566044,,,055088044 114555077,,,022077022 Series 2017 R-2 IIPnnrttineerrceeipssatt l-- -15 5/1/11 1055088,,,033033044 58,33400 10508,,0303040 1055088,,,033033044 1055055,,,066044077 Total Expenditures $ 1,007,038 $ 222,919 $ 784,119 $ 1,007,038 $ 987,038 Excess Revenues/(Expenditures) $ 300,108 $ 1,111,776 $ (778,568) $ 333,208 $ 386,532 Interest - 11/1/25 $149,134 Interest - 11/1/25 $52,691 CoGllreNocestsito AAnss ssCeeossssstmm (6eenn%ttss) $$$ 11 ,, 10 0 64660,,,734606716 Property Type Platted Units Gross Per Unit Gross Total SRinecgrleea Ftiaomnialyl 116101 $$668866..5588 $1$,079,595,2215 1612 $1,106,767 Series 2017 R-2 Poinciana West Community Development District Proposed Budget Debt Service Fund Series 2017 R-1 Page 7 Date Balance Prinicpal Interest Total 11/01/23 $8,175,000.00 $164,584.38 $770,965.63 05/01/24 $8,175,000.00 $450,000.00 $164,584.38 11/01/24 $7,725,000.00 $157,271.88 $771,856.25 05/01/25 $7,725,000.00 $465,000.00 $157,271.88 11/01/25 $7,260,000.00 $149,134.38 $771,406.25 05/01/26 $7,260,000.00 $480,000.00 $149,134.38 11/01/26 $6,780,000.00 $140,494.38 $769,628.75 05/01/27 $6,780,000.00 $500,000.00 $140,494.38 11/01/27 $6,280,000.00 $131,244.38 $771,738.75 05/01/28 $6,280,000.00 $520,000.00 $131,244.38 11/01/28 $5,760,000.00 $121,494.38 $772,738.75 05/01/29 $5,760,000.00 $540,000.00 $121,494.38 11/01/29 $5,220,000.00 $110,694.38 $772,188.75 05/01/30 $5,220,000.00 $560,000.00 $110,694.38 11/01/30 $4,660,000.00 $99,144.38 $769,838.75 05/01/31 $4,660,000.00 $585,000.00 $99,144.38 11/01/31 $4,075,000.00 $87,078.75 $771,223.13 05/01/32 $4,075,000.00 $610,000.00 $87,078.75 11/01/32 $3,465,000.00 $74,497.50 $771,576.25 05/01/33 $3,465,000.00 $635,000.00 $74,497.50 11/01/33 $2,830,000.00 $60,845.00 $770,342.50 05/01/34 $2,830,000.00 $665,000.00 $60,845.00 11/01/34 $2,165,000.00 $46,547.50 $772,392.50 05/01/35 $2,165,000.00 $690,000.00 $46,547.50 11/01/35 $1,475,000.00 $31,712.50 $768,260.00 05/01/36 $1,475,000.00 $720,000.00 $31,712.50 11/01/36 $755,000.00 $16,232.50 $767,945.00 05/01/37 $755,000.00 $755,000.00 $16,232.50 $771,232.50 $ 8,175,000.00 $ 2,953,333.75 $ 11,563,333.75 Poinciana West Community Development District Series 2017 A-1 Special Assessment Refunding Bonds Page 8 Date Balance Prinicpal Interest Total 11/01/23 $2,095,000.00 $ 58,334.38 58,334.38 05/01/24 $2,095,000.00 $100,000.00 $ 58,334.38 11/01/24 $1,995,000.00 $0.00 $ 55,646.88 213,981.25 05/01/25 $1,995,000.00 $110,000.00 $ 55,646.88 11/01/25 $1,885,000.00 $0.00 $ 52,690.63 218,337.50 05/01/26 $1,885,000.00 $115,000.00 $ 52,690.63 11/01/26 $1,770,000.00 $0.00 $ 49,600.00 217,290.63 05/01/27 $1,770,000.00 $120,000.00 $ 49,600.00 11/01/27 $1,650,000.00 $0.00 $ 46,375.00 215,975.00 05/01/28 $1,650,000.00 $125,000.00 $ 46,375.00 11/01/28 $1,525,000.00 $0.00 $ 43,015.63 214,390.63 05/01/29 $1,525,000.00 $135,000.00 $ 43,015.63 11/01/29 $1,390,000.00 $0.00 $ 39,387.50 217,403.13 05/01/30 $1,390,000.00 $140,000.00 $ 39,387.50 11/01/30 $1,250,000.00 $0.00 $ 35,625.00 215,012.50 05/01/31 $1,250,000.00 $150,000.00 $ 35,625.00 11/01/31 $1,100,000.00 $0.00 $ 31,350.00 216,975.00 05/01/32 $1,100,000.00 $160,000.00 $ 31,350.00 11/01/32 $940,000.00 $0.00 $ 26,790.00 218,140.00 05/01/33 $940,000.00 $170,000.00 $ 26,790.00 11/01/33 $770,000.00 $0.00 $ 21,945.00 218,735.00 05/01/34 $770,000.00 $175,000.00 $ 21,945.00 11/01/34 $595,000.00 $0.00 $ 16,957.50 213,902.50 05/01/35 $595,000.00 $185,000.00 $ 16,957.50 11/01/35 $410,000.00 $0.00 $ 11,685.00 213,642.50 05/01/36 $410,000.00 $200,000.00 $ 11,685.00 11/01/36 $210,000.00 $0.00 $ 5,985.00 217,670.00 05/01/37 $210,000.00 $210,000.00 $ 5,985.00 215,985.00 $2,095,000.00 $990,775.04 $3,085,775.02 Poinciana West Community Development District Series 2017 A-2 Special Assessment Refunding Bonds Page 9