Community Development District Proposed Budget FY2026 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/u23 9/T3h0r/u24 FBYu2d0g2e5t 2/T2h8r/u25 P7r MoNjeoecnxtttehds P9r/oT3joe0tc/at2le5d PFBrYou2pd0og2see6td Revenues ISCPMnpraitoesrecprcreyieeal rlFslat toAynrs eCwsoeoausnrssvd meR Byeeaanvlnetascnn e-uc eTeFeaexs Collector $ 2 9 111 3156 ,,,,6025 39000180564 $ 2 9 3 57 1 ,,, 696 2 1080 3090 - $ 2 9 23 102 ,,, 205 904 909 -- $ 2 7 6 39 ,,, 968 445 079 -- $ 14 46 7 ,,, 230 450 290 -- $ 2 9 14 166 3 ,,,, 2268 9445 9297 - $ 2 9 13 159 ,,, 204 907 902 -- Total Revenues $ 336,723 $ 335,402 $ 343,848 $ 290,446 $ 67,601 $ 358,047 $ 345,771 Expenditures Administrative Supervisors Fees 6,000 $ 3,600 $ 6,000 $ 1,200 $ 2,400 $ 3,600 $ 6,000 $ FICA Expense 459 275 459 92 184 275 459 Engineering 15,000 3,202 15,000 1,500 5,000 6,500 15,000 Engineering - Property Conveyance - 600 - - - - - Attorney 20,000 12,957 20,000 9,925 19,849 29,774 25,000 Attorney - Property Conveyance - 2,945 - 1,950 2,500 4,450 - Arbitrage 450 450 450 450 - 450 450 Dissemination 3,800 3,500 3,675 1,531 2,144 3,675 3,785 Annual Audit 3,675 3,650 3,800 3,400 - 3,400 3,800 Trustee Fees 4,256 4,256 4,256 - 4,256 4,256 4,256 Assessment Administration 5,250 5,000 5,250 5,250 - 5,250 5,250 Management Fees 43,260 41,200 43,260 18,025 25,235 43,260 44,558 Information Technology 1,300 1,238 1,300 542 758 1,300 1,339 Website Maintenance 867 825 867 361 506 867 893 Postage 750 795 750 662 750 1,412 1,000 Printing & Binding 800 5,000 800 122 250 372 500 Insurance 5,500 215 5,500 5,200 - 5,200 5,500 Legal Advertising 2,500 1,760 2,500 873 1,500 2,373 2,500 Other Current Charges 2,400 917 2,400 667 1,335 2,002 2,400 Office Supplies 200 64 200 20 80 100 200 Property Appraiser 3,100 3,099 3,100 - 3,100 3,100 3,100 Dues, Licenses & Subscriptions 175 175 175 175 - 175 175 Total Administrative 119,742 $ 95,723 $ 119,742 $ 51,945 $ 69,847 $ 121,792 $ 126,165 $ Operations & Maintenance Field Services 10,300 $ 10,609 $ 11,140 $ 4,642 $ 6,498 $ 11,140 $ 11,474 $ Landscape Maintenance 59,070 65,188 68,449 27,690 38,766 66,455 69,476 Aquatic Control Maintenance 59,897 67,194 69,210 29,118 40,765 69,882 72,677 Aquatic Midge Maintenance 26,270 26,512 27,307 11,378 15,929 27,307 28,946 R&M Plant Replacement - - 3,000 - 2,000 2,000 3,000 Storm Structure Repairs - - 10,000 - 5,000 5,000 10,000 Contingency - 395 20,000 - 10,000 10,000 9,033 Capital Outlay - - 15,000 - 5,000 5,000 15,000 Total Operations & Maintenance 155,537 $ 169,898 $ 224,106 $ 72,827 $ 123,957 $ 196,784 $ 219,606 $ Total Expenditures 275,279 $ 265,621 $ 343,848 $ 124,772 $ 193,804 $ 318,576 $ 345,771 $ Excess Revenues/(Expenditures) 61,444 $ 69,781 $ (0) $ 165,674 $ (126,203) $ 39,472 $ (0) $ Net Assessments 291,299 $ Collection Cost (6%) 18,594 $ Gross Assessments 309,893 $ Property Type Platted Units Gross Per Unit Gross Total Single Family 1650 $186.57 $307,841 Recreational 11 $186.57 $2,052 1661 $309,893 Page 1 Poinciana West Community Development District General Fund Budget Revenues: Special Assessments oTrhdee Dr itsot rpicaty w foilrl tlheve y–o apT enarxoa nCti-onalgdle ecvxtaoplore rnedmit uarsesse sdsumrienngt tohne aflils cthael yaesasre.s sable property within the District in I Tnhtee rDeisstt rict earns interest income on their operating accounts and other investments. Expenditures: Administrative: Sa$Cum4hp,a8oep0urt0nvei trsp oi1esr9 rsb 0 yaF, seeFeaeldors ropidnaai 5d S sttuoat peueatrecvshi,s aSolurlosp weartsvt efiosnrod rei nafocgh r6 Bt mhoeae retditmi nmege sdm debuveorirtn etgdo trtheoec Defiiisvscetar $ilc 2yt0e b0aur p.s einr emsse eatnindg m, neoett tion gesx.c Teehde F SRuIeCppAer erEvsxeipsnoetnrs s ceth heec kEsm. ployer’s share of Social Security and Medicare taxes withheld from Board of Engineering D raTeshiqsseitug riDinscieitstd,it or aeincs.gst d,.' spi rareetentcpetgaenirnddae abteniyorc ,nt ehG aeAan BnId do Cra eorpvndirse eouwpfl ta Saorunfa pcttsoeio,rn nvItn irscafo.oc,r trws s apmilnel odcbni ftetih hcpealy rtDio oivbsnitodsra iiancrndtg d M gmbaeinnedaee dgtroieancrlg u. esm,n gerinentvesie,e arwinn dgo v fsa eririnovvuiocsei cpse rtsoo j eatcnhtdes Attorney MreTe.hgase.no aDalutgittseeitornr.ni dcsat,' nsac lneed ga anol tdcho epurrn esrpeeals,re Caaltraicorhkn &afos Asri lgbmnaoeundgt hha, lsLy L dPmir, eewecittlieln dbg esb ,p ypr orthvepied aiBrnaogta igroednn eoarfn adSl ulerpegevarilve siwesro vorisfc eaasgn rtdoe ettmhheee DnDtiissst trariniccdtt, Arbitrage T TDhhiseet rDDiciists’ttsrr iAicctrt b hwiatrsila lc goceon Rntrtearbcaatcetted w Lwiitaihtbh ia lAintMy i nTodEne Ctp hfeoenr S dteehrniiset ssc e2err0vt1iicf7iee .R d1 p &u bRli2c Sapceccoiuanl tAasnste stsom aennntu Raellfyu ncadlicnugl aBtoen tdhse. D Twhihsesic eDhmi rsinetrlaaitctiteo sins t roe aqdudiriteido nbayl trheep oSretciunrgi trye qaunidr eEmxcehnatsn gfoer C uonmramteisds iboonn tdo i scsoumeps.l y with Rule 15c2-12(b)(5) Page 2 Poinciana West Community Development District General Fund Budget soATennhr neva uiDnca eilsa .A tnrunicdutia ti ls braesqius.i rTehde b Dy iFsltorricidt ah aSsta ctuotnetsr atcot eadrr awnigthe fBoerr agner i,n Tdoeopmenbdse, nEtl aamud, iGt aoifn ietss f&in Fanracniakl rfoerc otrhdiss B TTrhounes dtDesi est htFraeitce tsa rwei dlle ppaoys iatendn uwailt htr au sTtreues fteeees a fto UrS tBhaen Ske. ries 2017 R-1 & R-2 Special Assessment Refunding Ac Toshslelee sDcstimsioternni ctot fA hndaomsn ic-noaindstt rvraaatcliotoerned m w aitshs eGsosvmerennmt oenn taalll Masasnesasgaebmlee nptr oSperevritcye ws-iCthFi, nL LthCe t oD ilsetvryic atn. d administer the Management Fees TMlainmhaneniu taDeagdiles atmturoied,c nirtt et,h, c eAaotsccr c.d coionungnt traianncgdt e atdnr adwn Ristcehrc ioGprotdivoiennrg no Smfe bceroneattaradlr Mym Saeeneratvgiinecgmesse, fnbotur dSthgereevt D ipcisertesr-piCcaetr.na Tttrhioaenl s,F ealrolvlr iifcdienasa, niLncLciCalul tdroee ,pp boruorttv inindoget, sRInteofporrramegseae taninotsdn vsTeaerrcvihoenurossl ,o cagocysc to uonf tiinnfgo rsmofatwtioanre t, etachbnleotlso fgoyr mfoer etthine gDs,i sAtdriocbt es, uMchic raoss ovfidt eOoff iccoen, feetrce. n cing, cloud Website Maintenance sb aRecaecccpuokrrruedipstayesn n,a cetnestdc w.t hfGiiertohe vcw eCorahsnltalms pm teaeansristn ao1tlce8 Mina9ata, ennFdcal oegwr,e iumidtpahed nSamttt aeSotsenu,r itdvteooiscrc.ei unTsmg h– ee aCsnneetdn su terpmralvoal iiaFcndleotssar, i iinhdnioacns,l gutL idLnteChg e spa inrtDoedi vs pditderoiermcfsto a’tsrhi mnew sareeneb ncsseeei wrtaevsa isclcseer,ss ews.a mteebedsn ititsne, Telephone Telephone and fax machine. Postage oTthhee Dr irsetqriucitr eindc cuorrsr cehsaprognedse fnocre m. ailing of agenda packages, overnight deliveries, checks for vendors and Printing & Binding ePnrivnetlionpge asn edt cB. inding agenda packages for board meetings, printing of computerized checks, stationary, Insurance TInhseu Draisntcreic. Pt’us bgleinc eRriaslk l iIanbsiulirtayn acned s ppeucbilailci zoefsfi cinia plsr olivaibdiilnitgy iinnssuurraannccee ccoovveerraaggee tios gporovveirdnemde bnyt aPlu abgleicn Rciiessk. Page 3 Poinciana West Community Development District General Fund Budget Legal Advertising The District is required to advertise various notices for monthly Board meetings, in a newspaper of general circulation. public hearings, etc. Other Current Charges Rs teoppr pesaeynmtse natnsy, emtcis. cellaneous expenses incurred during the fiscal year such as bank fees, deposit slips, Office Supplies The District incurs charges for office supplies that need to be purchased during the fiscal year. PR sereropvprieecrestesy.n Atsp par afeisee rc harged by Polk County Property Appraiser’s office for assessment administration Dues, Licenses & Subscriptions T unhde eDri sthtrisic ct aiste rgeoqruyi rfoedr tthoe p Dayis atrni catn. nual fee to the FloridaCommerce for $175. This is the only expense Operations & Maintenance: crm GFeoioeesnvlepdtetro riSannnecdgmrts svt e iofwcno eptrisatr htolh pMece oDarntniytsar togarwecictmnto eerssurn, ct p hmhS oaoensnr veiltai occnaerdlislns scg– aa npoCdefe nuaenmttridlaai tlil ylasF k.a leoc rmciodauainn, ttLse,Ln Caatn tpceerno.d Sv eiBdroevasic redos n misnietceelu tifdnieeg losd n amsnitdaen rianegscepemievceetn iota nnosdf, d L TMauhanrerid cnDshgic s a3tthp1rieesct .mtM T maohinaenit ntDhetsinas oaitnrfn isAcc tetph hreia ll sa1 ckstoe tn obt arOnaccktto mebdae wirn 3itte1hns tFa alnoncrdea ntlahowa lten is n2sc ,t lLhuLadCne ofmonroc wteh ieinsvg es roeyrf vn1io4c e lde. asys st hfraonm o nNcoev eevmerbye r7 1dsat ytos 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 Rl Dimeisptitrreeicdste htCnoaot,ss n t tccrrooeosnalt ttM mrfoaaecrin tnmettd ear niwenamitnteochnev Sa anol lciaetnu tddo e ot hLffeas kipteeo M nddaissn plaoogcseaamtl eeodnf twn fiuothirs itanhn etchseee vsDeeigrsvetritcaicettsi.o. Sn e ravnidce asl ignacel utdreea, tbmute nart.e Tnhoet Description Monthly Annual 4A%qu Iantcicr eMaasien tenance $5,82 3.50 $6$92,,878925 Total $72,677 AR laqerpuvaricetiisdce eMn.)ti sd gceo sMtsa nfoarg eamqueantti c midge control (blind mosquitoes, weekly ATV aerosol & monthly aerial Description Monthly Annual 6A%qu Iantcicr eMaisdeg e Control $2,275.60 $2$71,,360378 Total $28,946 p RRo&enpMdr es–s. Penlatns te Rsetipmlaacteemd ecnots t for the replacement of aquatic plants and tree replacement around the S Rteoprrme 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 326967,,,044178257 FY 2025 Estimated Reserves (Ending Fund Balance) UOnpreersaetrinvegd R Feusenrdv eB (a3la mncoenths) $$$ 67 868606,,,044448347 Projected Fund Balance Analysis Page 6 Adopted Actuals FBYu2d0g2e5t 2/T2h8r/u25 P7r MoNjeoecnxtttehds P9r/oT3joe0tc/at2le5d PFBrYou2pd0og2see6td Revenues ICAAnssatssreeerrssyess Fsmmtoeernnwttassr --d PT Srauexrp Cpaolyulmlseectnotrs $ 1 , 0 34 3 0 8 , 3 ,4 6 01 --9 $ 938516015,1,,,19741161472 $ 5 4 1 ,, 20 28 03 -- $ 1,034510035,3,,,10761061402 $ 1,034808,3,3671000 Total Revenues $ 1,378,770 $ 1,353,934 $ 55,303 $ 1,409,237 $ 1,428,731 Expenditures Administrative Property Appraiser $ 11,200 $ 11,068 $ - $ 11,068 $ 11,200 Series 2017 R-1 IISPnnprttieneecrrcieeiapssl attC l--a -15l l5 /1-/1 /1111/1 114 556 577 ,,, 000 077 011 - 1 5 7 5,,007010 14 56 ,, 08 06 03 -- 114 556 567 5,,,,008006700130 114 448 088 ,,, 077 022 066 - Series 2017 R-2 IISPnnprttieneecrrcieeiapssl attC l--a -15l l5 /1-/11/111/1 1 55 055 ,,, 000 044 - 5 5 ,, 50 00 40 -- 1 5 05 ,, 03 06 02 -- 1 55 055 5,,,,035000600240 1 55 522 ,,, 044 000 066 - Total Expenditures $ 1,011,350 $ 233,643 $ 787,225 $ 1,020,868 $ 1,008,463 Excess Revenues/(Expenditures) $ 367,420 $ 1,120,291 $ (731,922) $ 388,370 $ 420,268 Interest - 11/1/26 $140,086 Interest - 11/1/25 $49,315 CoGllreNocestsito AAnss ssCeeossssstmm (6eenn%ttss) $$$ 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 05/01/25 $7,725,000.00 $465,000.00 $156,863.13 11/01/25 $7,260,000.00 $148,725.63 $770,588.76 05/01/26 $7,260,000.00 $480,000.00 $148,725.63 11/01/26 $6,780,000.00 $140,085.63 $768,811.26 05/01/27 $6,780,000.00 $500,000.00 $140,085.63 11/01/27 $6,280,000.00 $130,835.63 $770,921.26 05/01/28 $6,280,000.00 $515,000.00 $130,835.63 11/01/28 $5,760,000.00 $121,179.38 $767,015.01 05/01/29 $5,760,000.00 $535,000.00 $121,179.38 11/01/29 $5,220,000.00 $110,479.38 $766,658.76 05/01/30 $5,220,000.00 $560,000.00 $110,479.38 11/01/30 $4,660,000.00 $98,929.38 $769,408.76 05/01/31 $4,660,000.00 $585,000.00 $98,929.38 11/01/31 $4,075,000.00 $86,863.75 $770,793.13 05/01/32 $4,075,000.00 $610,000.00 $86,863.75 11/01/32 $3,465,000.00 $74,282.50 $771,146.25 05/01/33 $3,465,000.00 $635,000.00 $74,282.50 11/01/33 $2,830,000.00 $60,630.00 $769,912.50 05/01/34 $2,830,000.00 $660,000.00 $60,630.00 11/01/34 $2,165,000.00 $46,440.00 $767,070.00 05/01/35 $2,165,000.00 $690,000.00 $46,440.00 11/01/35 $1,475,000.00 $31,605.00 $768,045.00 05/01/36 $1,475,000.00 $720,000.00 $31,605.00 11/01/36 $755,000.00 $16,125.00 $767,730.00 05/01/37 $755,000.00 $750,000.00 $16,125.00 $771,232.50 $7,705,000.00 $2,289,225.69 $10,156,403.82 ** Updated 11/1/2024 Poinciana West Community Development District Series 2017 A-1 Special Assessment Refunding Bonds Page 8 Date Balance Prinicpal Interest Total 05/01/25 $1,990,000.00 $110,000.00 $ 55,361.88 11/01/25 $1,880,000.00 $0.00 $ 52,405.63 217,767.51 05/01/26 $1,880,000.00 $115,000.00 $ 52,405.63 11/01/26 $1,765,000.00 $0.00 $ 49,315.00 216,720.63 05/01/27 $1,765,000.00 $120,000.00 $ 49,315.00 11/01/27 $1,645,000.00 $0.00 $ 46,090.00 215,405.00 05/01/28 $1,645,000.00 $125,000.00 $ 46,090.00 11/01/28 $1,520,000.00 $0.00 $ 42,730.63 213,820.63 05/01/29 $1,520,000.00 $135,000.00 $ 42,730.63 11/01/29 $1,385,000.00 $0.00 $ 39,102.50 216,833.13 05/01/30 $1,385,000.00 $140,000.00 $ 39,102.50 11/01/30 $1,245,000.00 $0.00 $ 35,340.00 214,442.50 05/01/31 $1,245,000.00 $150,000.00 $ 35,340.00 11/01/31 $1,095,000.00 $0.00 $ 31,065.00 216,405.00 05/01/32 $1,095,000.00 $160,000.00 $ 31,065.00 11/01/32 $935,000.00 $0.00 $ 26,505.00 217,570.00 05/01/33 $935,000.00 $165,000.00 $ 26,505.00 11/01/33 $770,000.00 $0.00 $ 21,802.50 213,307.50 05/01/34 $770,000.00 $175,000.00 $ 21,802.50 11/01/34 $595,000.00 $0.00 $ 16,815.00 213,617.50 05/01/35 $595,000.00 $185,000.00 $ 16,815.00 11/01/35 $410,000.00 $0.00 $ 11,542.50 213,357.50 05/01/36 $410,000.00 $195,000.00 $ 11,542.50 11/01/36 $215,000.00 $0.00 $ 5,985.00 212,527.50 05/01/37 $215,000.00 $210,000.00 $ 5,985.00 215,985.00 $1,985,000.00 $812,759.40 $2,853,263.78 ** Updated 11/1/2024 Poinciana West Community Development District Series 2017 A-2 Special Assessment Refunding Bonds Page 9