Cypress Park Estates Community Development District Proposed Budget FY 2025 1-2 3-8 9 10 11 12 13 14 15 Capital Reserve Fund Debt Service Fund Series 2020A2 Amortization Schedule Series 2022 Table of Contents General Fund General Fund Narrative Debt Service Fun Series 2020A1 Amortization Schedule Series 2020A1 Amortization Schedule Series 2020A2 Debt Service Fund Series 2022 Adopted Actuals Projected Description BFuY2d0ge2t4 2/T2h9r/u24 7 MNoenxtths P9r/oT3jhe0rc/ut2e4d PFBrYou2pd0og2see5td ARsesveesnsmueensts - On Roll $ 597,550 $ 530,361 $ 67,190 $ 597,550 $ 762,566 Total Revenues $ 597,550 $ 530,361 $ 67,190 $ 597,550 $ 762,566 Expenditures General & Administrative: Supervisor Fees 10,000 $ 1,200 $ 1,200 $ 2,400 $ 12,000 $ Engineer Fees 10,000 $ 786 $ 2,358 $ 3,144 $ 10,000 $ Attorney Fees 25,000 $ 6,200 $ 9,100 $ 15,300 $ 25,000 $ Annual Audit 7,500 $ 7,100 $ - $ 7,100 $ 7,500 $ Assessment Adminstration 5,300 $ 5,300 $ - $ 5,300 $ 5,565 $ Dissemination 7,000 $ 3,417 $ 4,083 $ 7,500 $ 7,350 $ Arbitrage 1,350 $ 900 $ 450 $ 1,350 $ 1,350 $ Trustee Fees 12,120 $ 10,769 $ - $ 10,769 $ 12,120 $ Management Fees 40,124 $ 16,718 $ 23,406 $ 40,124 $ 45,000 $ Information Technology 1,800 $ 750 $ 1,050 $ 1,800 $ 1,890 $ Website Maintenance 1,200 $ 500 $ 700 $ 1,200 $ 1,260 $ Postage & Delivery 500 $ 461 $ 644 $ 1,105 $ 500 $ Insurance 6,886 $ 6,197 $ - $ 6,197 $ 6,817 $ Copies 100 $ 3 $ 20 $ 23 $ 100 $ Legal Advertising 5,000 $ 661 $ 2,500 $ 3,161 $ 2,000 $ Other Current Charges 1,000 $ 197 $ 294 $ 491 $ 1,000 $ Office Supplies 50 $ 8 $ 17 $ 24 $ 50 $ Dues, Licenses & Subscriptions 175 $ 175 $ - $ 175 $ 175 $ Total Administrative 135,105 $ 61,342 $ 45,822 $ 107,164 $ 139,677 $ Operations & Maintenance Field Expenditures Property Insurance 11,780 $ 14,786 $ - $ 14,786 $ 16,708 $ Field Management 16,695 $ 6,956 $ 9,739 $ 16,695 $ 20,000 $ Landscape Maintenance 116,000 $ 41,892 $ 67,417 $ 109,309 $ 128,870 $ Landscape Replacement 16,500 $ - $ - $ - $ 25,000 $ Street Tree Replacements 10,000 $ - $ - $ - $ - $ Streetlights 35,000 $ 6,223 $ 9,043 $ 15,266 $ 35,000 $ Electric 11,880 $ 2,956 $ 5,110 $ 8,066 $ 13,068 $ Water & Sewer 19,800 $ 44,056 $ 42,000 $ 81,996 $ 82,000 $ Sidewalk & Asphalt Maintenance 2,500 $ - $ 1,250 $ 1,250 $ 2,500 $ Irrigation Repairs 7,500 $ 1,772 $ 4,375 $ 6,147 $ 6,000 $ Fountain Maintenance 1,800 $ 600 $ 1,050 $ 1,650 $ 1,800 $ General Repairs & Maintenance 15,000 $ 1,171 $ 4,200 $ 5,371 $ 15,000 $ Contingency 7,500 $ - $ 4,375 $ 4,375 $ 10,000 $ Subtotal Field Expenditures 271,955 $ 120,411 $ 148,558 $ 264,910 $ 355,946 $ Cypress Park Estates Community Development District Proposed Budget General Fund 1 Adopted Actuals Projected Description BFuY2d0ge2t4 2/T2h9r/u24 7 MNoenxtths P9r/oT3jhe0rc/ut2e4d PFBrYou2pd0og2see5td Cypress Park Estates Community Development District Proposed Budget General Fund Amenity Expenditures Amenity - Electric 22,440 $ 8,061 $ 11,900 $ 19,961 $ 24,684 $ Amenity - Water 11,352 $ 13,372 $ 9,023 $ 22,395 $ 22,416 $ Playground Lease 37,000 $ 15,485 $ 21,679 $ 37,164 $ 37,164 $ Internet 2,500 $ 440 $ 616 $ 1,056 $ 2,500 $ Pest Control 528 $ 440 $ 280 $ 720 $ 720 $ Janitorial Service 12,300 $ 4,585 $ 7,315 $ 11,900 $ 14,705 $ Amenity Management 6,000 $ 2,000 $ 4,000 $ 6,000 $ 12,500 $ Security Services 27,500 $ 15,754 $ 20,300 $ 36,054 $ 36,054 $ Pool Maintenance 19,800 $ 7,160 $ 13,650 $ 20,810 $ 23,700 $ Amenity Repairs & Maintenance 10,000 $ 4,057 $ 5,943 $ 10,000 $ 10,000 $ Contingency 7,500 $ - $ 4,375 $ 4,375 $ 7,500 $ Subtotal Amenity Expenditures 156,920 $ 71,354 $ 99,081 $ 170,435 $ 191,943 $ Total Operations & Maintenance 428,875 $ 191,765 $ 247,639 $ 435,345 $ 547,889 $ Other Expenses Capital Reserves 33,571 $ - $ 33,571 $ 33,571 $ 75,000 $ Total Other Expenditures 33,571 $ - $ 33,571 $ 33,571 $ 75,000 $ Total Expenditures 597,550 $ 253,107 $ 327,032 $ 576,079 $ 762,566 $ Excess Revenues/(Expenditures) - $ 277,254 $ (259,843) $ 21,471 $ - $ Net Assessments 762,566 $ Add: Discounts & Collections 7% $57,397 Gross Assessments $819,964 Assessable Units 703 Per Unit Gross Assessment $1,166.38 FY24 Per Unit Gross Assessments $914.00 Increase $252.38 Product ERU's Assessable Units ERU/Unit Net Assessment Net Per Unit Gross Per Unit Phase 1 354.00 354 1.00 $383,995 $1,085 $1,166 Phase 2 178.00 178 1.00 $193,082 $1,085 $1,166 Phase 3 171.00 171 1.00 $185,489 $1,085 $1,166 703.00 703 $762,566 2 Cypress Park Estates Community Development District General Fund Budget REVENUES: Assessments The District will levy a non-ad valorem assessment on all the assessable property within the District in order to pay for operating expenditures during the fiscal year. EXPENDITURES: Administrative: Supervisor Fees Chapter 190, Florida Statutes, allows for each Board member to receive $200 per meeting, not to exceed $4,800 per year paid to each Supervisor for the time devoted to District business and meetings. Engineer Fees The District's engineer, Gadd & Associates, provides general engineering services to the District, e.g. attendance and preparation for monthly board meetings, review invoices and various projects as directed by the Board of Supervisors and the District Manager. Attorney Fees The District's legal counsel, Kilinski | Van Wyk, PLLC, provides general legal services to the District, e.g., attendance and preparation for meetings, preparation and review of agreements, resolutions, etc. as directed by the Board of Supervisors and the District Manager. Annual Audit The District is required by Florida Statutes to arrange for an independent audit of its financial records on an annual basis. The District is currently contracted with Grau & Associates for these services. Assessment Administration The District has contracted with Governmental Management Services-Central Florida, LLC, to levy and administer the collection of non-ad valorem assessment on all assessable property within the District. Dissemination The District is required by the Security and Exchange Commission to comply with Rule 15c2-12(b)(5) which relates to additional reporting requirements for unrated bond issues. This cost is based upon the Series 2020 A1, 2020 A2 and 2022. Governmental Management Services-Central Florida, LLC, provides these services. 3 Cypress Park Estates Community Development District General Fund Budget Arbitrage The District will contract with an independent certified public accountant to annually calculate the District’s Arbitrage Rebate Liability on its Series 2020 A1, 2020 A2 and 2022 bonds. Trustee Fees The District will incur trustee related costs with the issuance of its’ issued bonds. Management Fees The District receives Management, Accounting and Administrative services as part of a Management Agreement with Governmental Management Services-Central Florida, LLC. The services include but are not limited to, recording and transcription of board meetings, administrative services, budget preparation, all financial reports, annual audits, etc. Information Technology Represents various cost of information technology for the District such as video conferencing, cloud storage and servers, positive pay implementation and programming for fraud protection, accounting software, tablets for meetings, Adobe, Microsoft Office, etc. Governmental Management Services-Central Florida, LLC, provides these services. Website Maintenance Represents the costs associated with monitoring and maintaining the District’s website created in accordance with Chapter 189, Florida Statutes. These services include site performance assessments, security and firewall maintenance, updates, document uploads, hosting and domain renewals, website backups, etc. Governmental Management Services-Central Florida, LLC, provides these services. Postage & Delivery The District incurs charges for mailing of Board meeting agenda packages, overnight deliveries, correspondence, etc. Insurance The District’s general liability and public official’s liability insurance coverage is provided by the Florida Insurance Alliance (FIA). FIA specializes in providing insurance coverage to governmental agencies. Copies Printing agenda materials for board meetings, printing of computerized checks, stationary, envelopes etc. Legal Advertising The District is required to advertise various notices for monthly Board meetings, public hearings, etc. in a newspaper of general circulation. 4 Cypress Park Estates Community Development District General Fund Budget Other Current Charges Bank charges and any other miscellaneous expenses incurred during the year. Office Supplies Any supplies that may need to be purchased during the fiscal year, e.g., paper, minute books, file folders, labels, paper clips, etc. Dues, Licenses & Subscriptions The District is required to pay an annual fee to the Florida Department of Economic Opportunity for $175. This is the only expense under this category for the District. Operations & Maintenance: Field Expenditures Property Insurance The District’s property insurance coverage is provided by the Florida Insurance Alliance (FIA). FIA specializes in providing insurance coverage to governmental agencies. Field Management Represents the costs of contracting services that provide onsite field management of contracts for the District such as landscape and lake maintenance. Services can include onsite inspections, meetings with contractors, monitoring of utility accounts, attend Board meetings and receive and respond to property owner phone calls and emails. Governmental Management Services-Central Florida, LLC, provides these services. Landscape Maintenance The District has contracts with Prince & Sons, Inc. to provide landscaping services throughout the District. These services include mowing, edging, trimming, cleanup, detailing and pruning as well as maintenance of the irrigation systems. Landscape Replacement Represents the estimated cost of replacing landscaping within the common areas of the District. Streetlights Represents the cost to maintain street lights within the District Boundaries that are expected to be in place throughout the fiscal year. Electric Represents current and estimated electric charges of common areas throughout the District. 5 Cypress Park Estates Community Development District General Fund Budget Water & Sewer Represents current and estimated costs for water and refuse services provided for common areas throughout the District. Account # Address Monthly Amount Annual Amount 63696 5150 E Johnson Ave $2,671 $32,052 63695 4701 Baker Dairy Rd $2,466 $29,592 64455 4975 Baker Dairy Rd $182 $2,184 72936 290 Bottle Brush Drive $652 $7,824 72937 959 Sabal Point $408 $4,896 Contingency $454 $5,448 $81,996 Sidewalk & Asphalt Maintenance Represents the estimated costs of maintaining the sidewalks and asphalt throughout the District’s Boundary. Irrigation Repairs Represents the cost of maintaining and repairing the irrigation system. This includes the sprinklers, and irrigation wells. Fountain Maintenance Represents the cost of maintaining and repairing the fountain at the entrance. General Repairs & Maintenance Represents estimated costs for general repairs and maintenance of the District’s common areas. These can include pressure washing, and repairs to fences, monuments, lighting, and other assets Contingency Represents funds allocated to expenses that the District could incur throughout the fiscal year that do not fit into any field category. Amenity Expenditures Amenity - Electric Represents estimated electric charges for the District’s amenity facilities. 6 Cypress Park Estates Community Development District General Fund Budget Amenity – Water Represents estimated water charges for the District’s amenity facilities. Account # Address Monthly Amount Annual Amount 67111 1209 Tupelo Trail (Irrigation) $1,130 $13,560 Contingency $738 $8,856 $22,416 Playground Lease Represents estimated cost of leasing agreement for playgrounds to be installed in the community. Internet Internet service will be added for use at the Amenity Facilities. Pest Control The District is contracted with Massey Services, Inc. for pest control treatments to its amenity facilities. Janitorial Services Represents the estimated costs to provide janitorial services weekly and supplies for the District’s amenity facilities. The district is contracted with CSS Clean Star Services of Central Florida. Security Services Represents the estimated cost of contracting a monthly security service for the District’s amenity facilities. Pool Maintenance Represents the costs of regular cleaning and treatments of the District’s pool. These services are provided by Resort Pool Services. Amenity Management Amenity Management provides access card issuance through registration, proof iSpDdthieasonftfnrt ireicfe itavcsnai eadtwir oeesnm ps. aeTricohlu vderi iditrteeeyadc cmt oley nla etclcoset ortrnh opsenr aiAocnvm dcidoe aenmmsit mekyneu Aiyntccyicca eparsodtsil o itTcnryeo fauvombirol .el Da stihsiootrnoistci tvn inga e frwoerms iasosntued ec sda imarneecdrt a c rmoenmocneoirttneo srco irunfe sglt raooetnmes idaed nret onas scea-yrcn,vc eiecaesends de tcdh o rpbnohaturosgoitshol.. Amenity Repairs & Maintenance Represents estimated costs for repairs and maintenance of the District’s amenity facilities. 7 Cypress Park Estates Community Development District General Fund Budget Contingency Represents funds allocated to expenses that the District could incur throughout the fiscal year that do not fit into any amenity category. Other Expenditures: Capital Reserves Funds collected and reserved for the replacement of and/or purchase of new capital improvements throughout the District. 8 Adopted Actuals Projected Description BFuY2d0ge2t4 2/T2h9r/u24 7 MNeoxntths P9r/oT3jhe0rc/ut2e4d PFBrYou2pd0og2see5td ISCRnpaeterverceryinea Fsul toAe Irssnwsceaosrmsdme Seunrtps l-u 2s020 A1 $$$ 14 46 02 ,, 25 -0701 $$$ 13 69 246,,,476049352 $$$ 4 93 ,, 73 -5456 $$$ 14 461240,,,450003038 $$$ 14 47 275,,,250040010 Total Revenues $ 602,771 $ 563,840 $ 53,101 $ 616,941 $ 624,741 Expenditures Series 2020A-1 IIPnnrttineerrceeipssatt l-- -15 5/1/11 $$$ 111445225,,,033055000 $$$ 1 4 2 , 3 --50 $$$ 11 45 25 ,, 03 -0500 $$$ 111445225,,,033055000 $$$ 111446000,,,033011066 Total Expenditures $ 439,700 $ 142,350 $ 297,350 $ 439,700 $ 440,631 Excess Revenues/(Expenditures) $ 163,071 $ 421,490 $ (244,249) $ 177,241 $ 184,110 *Carry forward less amount in Reserve funds. Series 2020 A-1 Interest- 11/1/25 $138,216 Total $138,216 Product Assessable Units Maximum Annual Debt Service Net Assessment Per Unit Gross Assessment Per Unit Single Family Phase 1 335544 $$444422,,550000 $1,250 $1,344 Cypress Park Estates Community Development District Proposed Budget Debt Service Fund Series 2020 A-1 9 Cypress Park Estates Community Development District Series 2020 Special Assessment Bonds Area 1 Amortization Schedule DATE BALANCE PRINCIPAL INTEREST TOTAL 11/01/24 $ 7,310,000.00 $ - $ 140,315.63 $ 437,665.63 05/01/25 $ 7,310,000.00 $ 160,000.00 $ 140,315.63 $ - 11/01/25 $ 7,150,000.00 $ - $ 138,215.63 $ 438,531.25 05/01/26 $ 7,150,000.00 $ 165,000.00 $ 138,215.63 $ - 11/01/26 $ 6,985,000.00 $ - $ 135,534.38 $ 438,750.00 05/01/27 $ 6,985,000.00 $ 170,000.00 $ 135,534.38 $ - 11/01/27 $ 6,815,000.00 $ - $ 132,771.88 $ 438,306.25 05/01/28 $ 6,815,000.00 $ 175,000.00 $ 132,771.88 $ - 11/01/28 $ 6,640,000.00 $ - $ 129,928.13 $ 437,700.00 05/01/29 $ 6,640,000.00 $ 185,000.00 $ 129,928.13 $ - 11/01/29 $ 6,455,000.00 $ - $ 126,921.88 $ 441,850.00 05/01/30 $ 6,455,000.00 $ 190,000.00 $ 126,921.88 $ - 11/01/30 $ 6,265,000.00 $ - $ 123,834.38 $ 440,756.25 05/01/31 $ 6,265,000.00 $ 195,000.00 $ 123,834.38 $ - 11/01/31 $ 6,070,000.00 $ - $ 120,056.25 $ 438,890.63 05/01/32 $ 6,070,000.00 $ 205,000.00 $ 120,056.25 $ - 11/01/32 $ 5,865,000.00 $ - $ 116,084.38 $ 441,140.63 05/01/33 $ 5,865,000.00 $ 210,000.00 $ 116,084.38 $ - 11/01/33 $ 5,655,000.00 $ - $ 112,015.63 $ 438,100.00 05/01/34 $ 5,655,000.00 $ 220,000.00 $ 112,015.63 $ - 11/01/34 $ 5,435,000.00 $ - $ 107,753.13 $ 439,768.75 05/01/35 $ 5,435,000.00 $ 230,000.00 $ 107,753.13 $ - 11/01/35 $ 5,205,000.00 $ - $ 103,296.88 $ 441,050.00 05/01/36 $ 5,205,000.00 $ 240,000.00 $ 103,296.88 $ - 11/01/36 $ 4,965,000.00 $ - $ 98,646.88 $ 441,943.75 05/01/37 $ 4,965,000.00 $ 245,000.00 $ 98,646.88 $ - 11/01/37 $ 4,720,000.00 $ - $ 93,900.00 $ 437,546.88 05/01/38 $ 4,720,000.00 $ 255,000.00 $ 93,900.00 $ - 11/01/38 $ 4,465,000.00 $ - $ 88,959.38 $ 437,859.38 05/01/39 $ 4,465,000.00 $ 265,000.00 $ 88,959.38 $ - 11/01/39 $ 4,200,000.00 $ - $ 83,825.00 $ 437,784.38 05/01/40 $ 4,200,000.00 $ 280,000.00 $ 83,825.00 $ - 11/01/40 $ 3,920,000.00 $ - $ 78,400.00 $ 442,225.00 05/01/41 $ 3,920,000.00 $ 290,000.00 $ 78,400.00 $ - 11/01/41 $ 3,630,000.00 $ - $ 72,600.00 $ 441,000.00 05/01/42 $ 3,630,000.00 $ 300,000.00 $ 72,600.00 $ - 11/01/42 $ 3,330,000.00 $ - $ 66,600.00 $ 439,200.00 05/01/43 $ 3,330,000.00 $ 315,000.00 $ 66,600.00 $ - 11/01/43 $ 3,015,000.00 $ - $ 60,300.00 $ 441,900.00 05/01/44 $ 3,015,000.00 $ 325,000.00 $ 60,300.00 $ - 11/01/44 $ 2,690,000.00 $ - $ 53,800.00 $ 439,100.00 05/01/45 $ 2,690,000.00 $ 340,000.00 $ 53,800.00 $ - 11/01/45 $ 2,350,000.00 $ - $ 47,000.00 $ 440,800.00 05/01/46 $ 2,350,000.00 $ 355,000.00 $ 47,000.00 $ - 11/01/46 $ 1,995,000.00 $ - $ 39,900.00 $ 441,900.00 05/01/47 $ 1,995,000.00 $ 365,000.00 $ 39,900.00 $ - 11/01/47 $ 1,630,000.00 $ - $ 32,600.00 $ 437,500.00 05/01/48 $ 1,630,000.00 $ 385,000.00 $ 32,600.00 $ - 11/01/48 $ 1,245,000.00 $ - $ 24,900.00 $ 442,500.00 05/01/49 $ 1,245,000.00 $ 400,000.00 $ 24,900.00 $ - 11/01/49 $ 845,000.00 $ - $ 16,900.00 $ 441,800.00 05/01/50 $ 845,000.00 $ 415,000.00 $ 16,900.00 $ - 11/1/50 $ 430,000.00 $ - $ 8,600.00 $ 440,500.00 5/1/51 $ 430,000.00 $ 430,000.00 $ 8,600.00 $ 438,600.00 $ 7,620,000.00 $ 5,280,787.50 $ 13,197,140.63 10 Adopted Actuals Projected Description BFuY2d0ge2t4 2/T2h9r/u24 7 MNoenxtths P9r/oT3jhe0rc/ut2e4d PFBrYou2pd0og2see5td ISCRnpaeterverceryinea Fsul toAe Irssnwsceaosrmsdme Seunrtps l-u 2s020 A2 $$$ 27 17 ,, 22 -0006 $$$ 26 36 ,, 119595143 $$$ 8 , 04 -0767 $$$ 27 161,,,124053010 $$$ 37 11 ,,28 7020040 Total Revenues $ 98,406 $ 90,298 $ 8,483 $ 98,781 $ 103,724 Expenditures Series 2020A-2 IIPnnrttineerrceeipssatt -l- 1-5 15///111 $$$ 222033,,,022077088 $$$ 2 3 , 6 --78 $$$ 22 03 ,, 02 -0708 $$$ 222033,,,026077088 $$$ 222225,,,088077088 Total Expenditures $ 66,556 $ 23,678 $ 43,278 $ 66,956 $ 70,756 Excess Revenues/(Expenditures) $ 31,850 $ 66,620 $ (34,796) $ 31,824 $ 32,968 *Carry forward less amount in Reserve funds. Series 2020 A-2 Interest - 11/1/25 $22,378 Total $22,378 Product Assessable Units Maximum Annual Debt Service Net Assessment Per Unit Gross Assessment Per Unit Single Family Phase 2 117788 $$7711,,220000 $400 $430 Cypress Park Estates Community Development District Proposed Budget Debt Service Fund Series 2020 A-2 11 Cypress Park Estates Community Development District Series 2020 Special Assessment Bonds Area 2 Amortization Schedule DATE BALANCE PRINCIPAL INTEREST TOTAL 11/01/24 1,125,000.00 $ - $ 22,878.13 $ 66,156.25 $ 05/01/25 1,125,000.00 $ 25,000.00 $ 22,878.13 $ - $ 11/01/25 1,100,000.00 $ - $ 22,378.13 $ 70,256.25 $ 05/01/26 1,100,000.00 $ 25,000.00 $ 22,378.13 $ - $ 11/01/26 1,075,000.00 $ - $ 21,878.13 $ 69,256.25 $ 05/01/27 1,075,000.00 $ 25,000.00 $ 21,878.13 $ - $ 11/01/27 1,050,000.00 $ - $ 21,378.13 $ 68,256.25 $ 05/01/28 1,050,000.00 $ 25,000.00 $ 21,378.13 $ - $ 11/01/28 1,025,000.00 $ - $ 20,878.13 $ 67,256.25 $ 05/01/29 1,025,000.00 $ 30,000.00 $ 20,878.13 $ - $ 11/01/29 995,000.00 $ - $ 20,278.13 $ 71,156.25 $ 05/01/30 995,000.00 $ 30,000.00 $ 20,278.13 $ - $ 11/01/30 965,000.00 $ - $ 19,678.13 $ 69,956.25 $ 05/01/31 965,000.00 $ 30,000.00 $ 19,678.13 $ - $ 11/01/31 935,000.00 $ - $ 19,078.13 $ 68,756.25 $ 05/01/32 935,000.00 $ 30,000.00 $ 19,078.13 $ - $ 11/01/32 905,000.00 $ - $ 18,478.13 $ 67,556.25 $ 05/01/33 905,000.00 $ 30,000.00 $ 18,478.13 $ - $ 11/01/33 875,000.00 $ - $ 17,878.13 $ 66,356.25 $ 05/01/34 875,000.00 $ 35,000.00 $ 17,878.13 $ - $ 11/01/34 840,000.00 $ - $ 17,178.13 $ 70,056.25 $ 05/01/35 840,000.00 $ 35,000.00 $ 17,178.13 $ - $ 11/01/35 805,000.00 $ - $ 16,478.13 $ 68,656.25 $ 05/01/36 805,000.00 $ 35,000.00 $ 16,478.13 $ - $ 11/01/36 770,000.00 $ - $ 15,778.13 $ 67,256.25 $ 05/01/37 770,000.00 $ 40,000.00 $ 15,778.13 $ - $ 11/01/37 730,000.00 $ - $ 14,978.13 $ 70,756.25 $ 05/01/38 730,000.00 $ 40,000.00 $ 14,978.13 $ - $ 11/01/38 690,000.00 $ - $ 14,178.13 $ 69,156.25 $ 05/01/39 690,000.00 $ 40,000.00 $ 14,178.13 $ - $ 11/01/39 650,000.00 $ - $ 13,378.13 $ 67,556.25 $ 05/01/40 650,000.00 $ 45,000.00 $ 13,378.13 $ - $ 11/01/40 605,000.00 $ - $ 12,478.13 $ 70,856.25 $ 05/01/41 605,000.00 $ 45,000.00 $ 12,478.13 $ - $ 11/01/41 560,000.00 $ - $ 11,550.00 $ 69,028.13 $ 05/01/42 560,000.00 $ 45,000.00 $ 11,550.00 $ - $ 11/01/42 515,000.00 $ - $ 10,621.88 $ 67,171.88 $ 05/01/43 515,000.00 $ 50,000.00 $ 10,621.88 $ - $ 11/01/43 465,000.00 $ - $ 9,590.63 $ 70,212.50 $ 05/01/44 465,000.00 $ 50,000.00 $ 9,590.63 $ - $ 11/01/44 415,000.00 $ - $ 8,559.38 $ 68,150.00 $ 05/01/45 415,000.00 $ 55,000.00 $ 8,559.38 $ - $ 11/01/45 360,000.00 $ - $ 7,425.00 $ 70,984.38 $ 05/01/46 360,000.00 $ 55,000.00 $ 7,425.00 $ - $ 11/01/46 305,000.00 $ - $ 6,290.63 $ 68,715.63 $ 05/01/47 305,000.00 $ 55,000.00 $ 6,290.63 $ - $ 11/01/47 250,000.00 $ - $ 5,156.25 $ 66,446.88 $ 05/01/48 250,000.00 $ 60,000.00 $ 5,156.25 $ - $ 11/01/48 190,000.00 $ - $ 3,918.75 $ 69,075.00 $ 05/01/49 190,000.00 $ 60,000.00 $ 3,918.75 $ - $ 11/01/49 130,000.00 $ - $ 2,681.25 $ 66,600.00 $ 05/01/50 130,000.00 $ 65,000.00 $ 2,681.25 $ - $ 11/1/50 65,000.00 $ - $ 1,340.63 $ 69,021.88 $ 5/1/51 65,000.00 $ 65,000.00 $ 1,340.63 $ 66,340.63 $ 1,145,000.00 $ 799,281.25 $ 1,987,959.38 $ 12 Adopted Actuals Projected Description BFuY2d0ge2t4 2/T2h9r/u24 7 MNeoxntths P9r/oT3jhe0rc/ut2e4d PFBrYou2pd0og2see5td ISCRnpaeterverceryinea Fsul toAe Irssnwsceaosrmsdme Seunrtpslus $$$ 15 14 18 ,, 37 -3416 $$$ 1 ,6 3 281857,,,633736340 $$$ 1 2 6 8 ,,36 -9870 $$$ 1 ,6 5 212816,,,670734310 $$$ 24 341243,,,190450040 Total Revenues $ 660,077 $ 2,031,367 $ 135,077 $ 2,166,444 $ 690,094 Expenditures Series 2022 IISPnnprttieneecrrcieeiapssl attC l--a -15l l5 /1-/1 /1111/1 $$$$ 111 299 335 ,,, 044 -011099 $$$$ 1 ,1 1 99 53 ,, 04 --0109 $$$$ 11 29 35 ,,04 --0109 $$$$ 1 ,1 11192995335,,,,004400110099 $$$$ 111 166 011 ,,,022 -088011 Total Expenditures $ 511,838 $ 1,388,419 $ 318,419 $ 1,706,838 $ 432,563 Other Financing Sources/(Uses) Transfer In/(Out) $ - $ (216,663) $ - $ (216,663) $ - Total Other Financing Sources/(Uses) $ - $ (216,663) $ - $ (216,663) $ - Excess Revenues/(Expenditures) $ 148,240 $ 426,286 $ (183,342) $ 242,944 $ 257,531 *Carry forward less amount in Reserve funds. Series 2022 Interest - 11/1/25 $158,875 Total $158,875 Product Assessable Units Maximum Annual Debt Service Net Assessment Per Unit Gross Assessment Per Unit SSiinnggllee Ffaammiillyy -- PPhhaassee 32 113477189 $$$124366459,,,011055000 $$19,55500 $$11,,062627 Cypress Park Estates Community Development District Proposed Budget Debt Service Fund Series 2022 13 Cypress Park Estates Community Development District Series 2022 Special Assessment Bonds Amortization Schedule DATE BALANCE PRINCIPAL INTEREST TOTAL 11/01/24 6,445,000.00 $ - $ 161,281.25 $ 429,859.38 $ 05/01/25 6,445,000.00 $ 110,000.00 $ 161,281.25 $ - $ 11/01/25 6,100,000.00 $ - $ 158,875.00 $ 430,156.25 $ 05/01/26 6,100,000.00 $ 115,000.00 $ 158,875.00 $ - $ 11/01/26 6,100,000.00 $ - $ 156,359.38 $ 430,234.38 $ 05/01/27 6,100,000.00 $ 120,000.00 $ 156,359.38 $ - $ 11/01/27 6,100,000.00 $ - $ 153,734.38 $ 430,093.75 $ 05/01/28 6,100,000.00 $ 125,000.00 $ 153,734.38 $ - $ 11/01/28 5,975,000.00 $ - $ 150,765.63 $ 429,500.00 $ 05/01/29 5,975,000.00 $ 135,000.00 $ 150,765.63 $ - $ 11/01/29 5,840,000.00 $ - $ 147,559.38 $ 433,325.00 $ 05/01/30 5,840,000.00 $ 140,000.00 $ 147,559.38 $ - $ 11/01/30 5,555,000.00 $ - $ 144,234.38 $ 431,793.75 $ 05/01/31 5,400,000.00 $ 145,000.00 $ 144,234.38 $ - $ 11/01/31 5,400,000.00 $ - $ 140,790.63 $ 430,025.00 $ 05/01/32 5,400,000.00 $ 155,000.00 $ 140,790.63 $ - $ 11/01/32 5,400,000.00 $ - $ 137,109.38 $ 432,900.00 $ 05/01/33 5,400,000.00 $ 160,000.00 $ 137,109.38 $ - $ 11/01/33 5,240,000.00 $ - $ 133,109.38 $ 430,218.75 $ 05/01/34 5,240,000.00 $ 170,000.00 $ 133,109.38 $ - $ 11/01/34 5,070,000.00 $ - $ 128,859.38 $ 431,968.75 $ 05/01/35 5,070,000.00 $ 180,000.00 $ 128,859.38 $ - $ 11/01/35 4,890,000.00 $ - $ 124,359.38 $ 433,218.75 $ 05/01/36 4,890,000.00 $ 185,000.00 $ 124,359.38 $ - $ 11/01/36 4,705,000.00 $ - $ 119,734.38 $ 429,093.75 $ 05/01/37 4,705,000.00 $ 195,000.00 $ 119,734.38 $ - $ 11/01/37 4,510,000.00 $ - $ 114,859.38 $ 429,593.75 $ 05/01/38 4,510,000.00 $ 205,000.00 $ 114,859.38 $ - $ 11/01/38 4,305,000.00 $ - $ 109,734.38 $ 429,593.75 $ 05/01/39 4,305,000.00 $ 215,000.00 $ 109,734.38 $ - $ 11/01/39 4,090,000.00 $ - $ 104,359.38 $ 429,093.75 $ 05/01/40 4,090,000.00 $ 225,000.00 $ 104,359.38 $ - $ 11/01/40 3,375,000.00 $ - $ 98,734.38 $ 428,093.75 $ 05/01/41 3,375,000.00 $ 240,000.00 $ 98,734.38 $ - $ 11/01/41 3,375,000.00 $ - $ 92,734.38 $ 431,468.75 $ 05/01/42 3,375,000.00 $ 250,000.00 $ 92,734.38 $ - $ 11/01/42 3,375,000.00 $ - $ 86,484.38 $ 429,218.75 $ 05/01/43 3,375,000.00 $ 265,000.00 $ 86,484.38 $ - $ 11/01/43 3,110,000.00 $ - $ 79,693.75 $ 431,178.13 $ 05/01/44 3,110,000.00 $ 280,000.00 $ 79,693.75 $ - $ 11/01/44 2,830,000.00 $ - $ 72,518.75 $ 432,212.50 $ 05/01/45 2,830,000.00 $ 295,000.00 $ 72,518.75 $ - $ 11/01/45 2,535,000.00 $ - $ 64,959.38 $ 432,478.13 $ 05/01/46 2,535,000.00 $ 310,000.00 $ 64,959.38 $ - $ 11/01/46 2,225,000.00 $ - $ 57,015.63 $ 431,975.00 $ 05/01/47 2,225,000.00 $ 325,000.00 $ 57,015.63 $ - $ 11/01/47 1,900,000.00 $ - $ 48,687.50 $ 430,703.13 $ 05/01/48 1,900,000.00 $ 340,000.00 $ 48,687.50 $ - $ 11/01/48 1,560,000.00 $ - $ 39,975.00 $ 428,662.50 $ 05/01/49 1,560,000.00 $ 360,000.00 $ 39,975.00 $ - $ 11/01/49 1,200,000.00 $ - $ 30,750.00 $ 430,725.00 $ 05/01/50 1,200,000.00 $ 380,000.00 $ 30,750.00 $ - $ 11/1/50 820,000.00 $ - $ 21,012.50 $ 431,762.50 $ 5/1/51 820,000.00 $ 400,000.00 $ 21,012.50 $ - $ 11/1/51 420,000.00 $ - $ 10,762.50 $ 431,775.00 $ 5/1/52 420,000.00 $ 420,000.00 $ 10,762.50 $ 430,762.50 $ 6,550,000.00 $ 5,941,684.50 $ 12,491,684.50 $ 14 Adopted Actuals Projected Description BFuY2d0ge2t4 2/T2h9r/u24 7 MNeoxntths P9r/oT3jhe0rc/ut2e4d PFBrYou2pd0og2see5td CRaervreyn Fuoersward Surplus $ - $ - $ - $ - $ 33,571 Total Revenues $ - $ - $ - $ - $ 33,571 Expenditures CPHlhoalayidigra rLyoi ufDtn eRdce oSprhlaaatcidoeenmsent $$$ --- $$ -- $$$ --- $$$ --- $$$ 113002,,,005000000 Total Expenditures $ - $ - $ - $ - $ 52,500 Other Financing Sources/(Uses) Transfer In $ 33,571 $ - $ 33,571 $ 33,571 $ 75,000 Total Other Financing Sources/(Uses) $ 33,571 $ - $ 33,571 $ 33,571 $ 75,000 Excess Revenues/(Expenditures) $ 33,571 $ - $ 33,571 $ 33,571 $ 56,071 Cypress Park Estates Community Development District Proposed Budget Capital Reserve Fund 15