Indigo East Community Development District Adopted Budget FY 2027 1-2 3-7 8 9 10 Capital Reserves Fund Table of Contents General Fund General Fund Narrative Debt Service Fund - Series 2016 Amortization Schedule - Series 2016 Adopted Actuals Projected Description FBYu2d0g2e6t 6/3T0h/r2u026 3 MNoenxtths 9P/r3oT0jhe/rc2ut0ed26 AFBYduo2dp0gt2ee7td IRMneatevinreetnesutneasnce Assessments $$ 3 6 , 101650 $$ 3 6 28,,597566 $$ 5 -72 $$ 3 6 38,,194568 $$ 3 6 16,,056704 Total Revenues $ 366,176 $ 371,532 $ 572 $ 372,104 $ 367,635 Expenditures General & Administrative Supervisor Fees 4,000 $ 2,800 $ 1,000 $ 3,800 $ 4,000 $ FICA Expense 306 $ 184 $ 77 $ 260 $ 306 $ Engineering 4,000 $ 1,905 $ 1,000 $ 2,905 $ 10,000 $ Trustee Fees 2,255 $ 2,128 $ - $ 2,128 $ 2,255 $ Dissemination 2,866 $ 2,349 $ 716 $ 3,066 $ 3,010 $ Arbitrage 450 $ 450 $ - $ 450 $ 450 $ Assessment Roll 5,732 $ 5,732 $ - $ 5,732 $ 6,019 $ Attorney 6,100 $ 5,323 $ 1,500 $ 6,823 $ 6,100 $ Annual Audit 3,400 $ 3,300 $ - $ 3,300 $ 3,400 $ Management Fees 9,836 $ 7,377 $ 2,459 $ 9,836 $ 10,328 $ Information Technology 918 $ 689 $ 230 $ 918 $ 964 $ Website Maintenance 688 $ 516 $ 172 $ 688 $ 722 $ Postage 600 $ 287 $ 150 $ 437 $ 600 $ Printing & Binding 500 $ 380 $ 120 $ 500 $ 500 $ Insurance 9,515 $ 8,194 $ - $ 8,194 $ 9,013 $ Legal Advertising 1,000 $ 122 $ 250 $ 372 $ 1,000 $ Other Current Charges 1,200 $ 494 $ 122 $ 616 $ 1,200 $ Office Supplies 200 $ 2 $ 50 $ 52 $ 200 $ Dues, Licenses & Subscriptions 175 $ 175 $ - $ 175 $ 175 $ Total General & Administrative: 53,742 $ 42,406 $ 7,845 $ 50,251 $ 60,242 $ Indigo East Community Development District Adopted Budget General Fund 1 Adopted Actuals Projected Description FBYu2d0g2e6t 6/3T0h/r2u026 3 MNoenxtths 9P/r3oT0jhe/rc2ut0ed26 AFBYduo2dp0gt2ee7td Indigo East Community Development District Adopted Budget General Fund Operations & Maintenance Property Insurance 883 $ 738 $ - $ 738 $ 701 $ Water Expense 2,724 $ 1,742 $ 547 $ 2,289 $ 2,724 $ Electric Expense 56,042 $ 48,054 $ 14,330 $ 62,385 $ 59,000 $ Irrigation Repairs 2,925 $ - $ 731 $ 731 $ 2,925 $ Retention Ponds/ROW Maintenance 188,253 $ 120,865 $ 67,388 $ 188,253 $ 188,253 $ Plant Replacement 2,500 $ - $ 625 $ 625 $ 2,500 $ Tree Trimming 1,000 $ - $ 250 $ 250 $ 1,000 $ Pressure Washing 18,207 $ - $ 4,552 $ 4,552 $ 18,207 $ Well Maintenance/Repairs 4,050 $ 6,609 $ 1,013 $ 7,622 $ 4,050 $ Contingency 10,850 $ - $ 2,713 $ 2,713 $ 5,000 $ Total Operations & Maintenance: 287,434 $ 178,008 $ 92,148 $ 270,156 $ 284,360 $ Other Expenditures Transfer Out - Capital Reserve 25,000 $ - $ 25,000 $ 25,000 $ 23,033 $ Total Other Expenditures 25,000 $ - $ 25,000 $ 25,000 $ 23,033 $ Total Expenditures 366,176 $ 220,414 $ 124,993 $ 345,407 $ 367,635 $ Excess Revenues/(Expenditures) - $ 151,118 $ (124,421) $ 26,697 $ - $ FY2024 FY2025 FY2026 FY2027 Net Assessments $333,934 $333,934 $366,060 $366,060 Discounts & Collections (6%) $21,315 $21,315 $23,366 $23,366 Gross Assessments $355,249 $355,249 $389,426 $389,426 Total Units 605 605 605 605 Assessments per Unit $587 $587 $644 $644 2 Indigo East Community Development District General Fund Budget Revenues: Maintenance Assessments The District will levy a non-ad valorem special assessment on all taxable property within all General Operating and Maintenance Expenditures for the Fiscal Year. the District, to fund Interest The District receives interest earnings from its cash balance in the Truist operating account. Expenditures: Administrative: Supervisor Fees TThhies Falmoroiduan tS itsa tbuatseesd a ullpoowns 5e aScuhp berovairsdo rms eamttebnedr itnog r 4ec meiovnet $h2ly0 0m peeetri nmgese. t ing not to exceed $4,800 in one year. FICA Expense cRheepcrkess.e nts the Employer's share of Social Security and Medicare taxes withheld from Board of Supervisors Engineering fSTouhrpe e mDrviosintsrtoihrclsty’.s T mehneeg eDitniinsetegrrsi c,p trr coeuvvriiredewensit nglyge nhieanrsva aoln iec neasgg,ri neaeenemdre innvgta rwsieoirtuvhsi c Depesrw otobje etcrhtrsey DaEisnssgtirginincetee,d er s.ga I.s,n acdt. ti ernecdtaendc eb ayn dth per eBpoaarradt ioonf Trustee Fees TUhS eB Daniskt.r ict issued Series 2016 Special Assessment Refunding Bonds that are administered by a Trustee at Dissemination rTGeholvea etDersins mttorei cantdt iadsli trMieoaqnnuaailrg reeedmp boeyrn ttti hnSege rSrveeicqcueursiri –tey mC aeennndttr sEa xfl ocFrhl oaurnnigdreaa t,C eLodLm Cb.mo nisds iisosnu teos .c oTmhep lDy iwstirtihc tR cuulrer 1en5tcl2y- 1co2n(btr)a (c5te) dw whiicthh Arbitrage TDhiset rDicist’tsr iAcrt bhiatrsa cgoen Rtreabcateted Lwiaitbhil AitMy oTnE Cth, ea nS einrideesp 2e0n1d6e nStp ceecriatilf iAesds epsusbmliecn atc Rcoeufunntadnint gt oB aonnndus.a lly calculate the 3 Indigo East Community Development District General Fund Budget Assessment Roll Governmental Management Services – Central Florida, LLC serves as the District’s collection t he District’s non-ad valorem assessments with the county tax collector. agent and certifies Attorney Twmhiotenh Dt Chiolsylte rminc et&’es tW lienagggasol, nrceeovru inPes.wAe .l o ppreorvaitdinegs gaennde mraali lnetgeanla snecrev iccoenst troa ctthse, eDtics. tTrihcet, Di.eis.,t raitctte cnudrarnecnet layn hda ps raenp aargarteieomn efonrt Annual Audit TAhcceo Duinsttirnicgt Fisir rmeq. Tuhiree dD iasntrniucta lhlya st oc ocnotnrdauctcet da nw aituhd Gitr oafu i t&s Afisnsaoncciiaatle rse fcoorr tdhsi sb yse arnv iIcned. ependent Certified Public Management Fees lfTAiimnhgraeien teecDdmiia seltt onrr,eit c prwteo icrrtotheircn Gdegioi,nv vageen sran nnuMmdaal e ntanrautagadnelis mtMcsr,ea iennpttatc,ig .o eAn mc oceofn ubtn oStaeinrrdvgi cmaense de–t iCAnegdnsmt, riaandli smFtlrionartiisidvtare,a LtsiLveCerv. s iTceehrsve i csaeessr v, pibcauerdst ginoefct lupadr eeMp, abanruaatt gaioermne ,n eanolttl Information Technology faRtohneredp sm reseee ssreyevtsnienttresgsm s,v ,ps aA.or disooitubivse e,c Mopsaitcy r oiomfs iopnflfteo Omrmfefinactteia,o tenito cnt.e aGcnhodnv oeplrronogmgyr efanomtra mtlh Miena gDn fiaosgrtre fimrcate usndut cpShre oravtsei ccvetiidso e–no ,C aceconcntorfueanrl eFtinlnocgrin isdgoa,f ,tc LwloLauCrd ep ,rs totaovbrildaegetess Website Maintenance RwmMeiaatpnihnra eCtgesheneamnapntetscen etrth, 1Seue8 pcr9dov,s aiFcttleseo ssar ,–s idds Cooae ccSnuitatmatrteaeudlnt Fewtl suoi. trpThilhd omeaas,od eLns Ls,i tCehor oprvsirintcoigenv sgiad inanednsc dlmtuh ddaeoeisn mest iasatieeinn rpiv nreiegcrn eftosehr.we m aDalisns, ctwrei ecatbs’ssse iwtsese mbbasecintketus cp, rssee, acetutecrd.i t Giyno a vanecdrcn ofimrrdeeawnntacalell Postage Mailing of agenda packages, overnight deliveries, checks for vendors and any other required correspondence. Printing & Binding Penrivnetlionpge sa nedtc . Binding agenda packages for board meetings, printing of computerized checks, stationary, Insurance T Flhoer iDdias tIrniscut’rsa gnecnee Arallli alinacbeil istpye &ci paluizbelisc i onf fpircoiavlisd liinagb iilnitsyu irnasnucrea cnocvee proalgicey t ois g woivtehr Fnlmoreindtaa Il nasguernacnieces. A lliance. The 4 Indigo East Community Development District General Fund Budget Legal Advertising The District is required to advertise various notices for monthly Board meetings, public newspaper of general circulation. The District does most of its legal advertising with CA Flo rhideaa rHinoglds,i negtsc .L iLnC a. Other Current Charges Includes bank charges and any other miscellaneous expenses that are incurred during the year. Office Supplies pTrhien tDeirs ttroincet rin ccaurrtrsi dchgaersg, pesa pfoerr ,s fuilpep floiledse trhsa, tb innedeedr sto, p been ps,u pracphears ecdli pdsu, rainndg oththe efris scuacl hy eoafrfi,c ien csluupdpinlige sc. opier and Dues, Licenses & Subscriptions uTnhde eDri sthtriisc ct aiste rgeoqruyi rfeodr tthoe p Dayis atrni catn. nual fee to the Department of Commerce for $175. This is the only expense M aintenance: Property Insurance pTrhoev Didiisntrgi cint’ssu prraonpceer ctoyv ienrsaugrea ntoc eg ocovevrenramgeen itsa pl arogveindceieds b. y Florida Insurance Alliance (FIA). FIA specializes in Water Expense TBoay r eLcaourrde lt hCee nwtaetre CrD coDs. t of irrigation charges to the common area. The District has the following accounts with Address Monthly Annually 788C027onttnhhtdi CT/n7oeg8ruerntrahtcc yCTe ue Mlrdreeadsciaeac nM edian $$$1350000 $1$$$,236500660004 $2,724 Electric Expense CTooo rpeecroartdiv eth, eIn ec.l e(cStErCicO c).o s t of lighting service. The District has the following account with Sumter Electric Description Monthly Annually SCtorneteitnlgigehntciny g $4,73 8.5 $5$62,,816328 TOTAL $59,000 Irrigation Repairs To record the cost of various repairs that may be needed to the irrigation system. 5 Indigo East Community Development District General Fund Budget Retention Ponds/ROW Maintenance The District has contracted with Yellowstone Landscape – Southeast, LLC to provide the following services: ATu. rfsttT Mhucuhrrarfoefi u nwdagturiehllelne aOsbas ncew ut cominelbl lo eeawsrlls)eo . odwDt u haftroe irrlnew 3gai8 sms tem o tswnopwtiehcicesni fingaseo m dtp soewprnie tylchle i bfiaueren. d mle iosnsw tahebedn goornrom wa aiwnl gece oskneldaysi tboionans (isNs aoinrvi esthme.e bT geyrrpo tiwhcarinol ugy geshaer aMlsyoa mrnc oh(Aw) ptinhrigel AEd. gicasaeeEEwntoddrnddgoienggdtgg r/hajie iimunw .nn d Sb nggg tieo lcr wildoosnit nbifsf a wo a geataan e lirlwTell lre l wnhr elanailaceimsaontruk rhwtddmllg bvy siteeeil echbdlndr a eaba ggtpi csesf eme c i spes ewa:bl d pdaiSeigntnulidaeldttr sebd eibm nnl wwueeaga.s ain tBlitsllenchk terebgresdi ie , amsn gDl lcidrg enhgroo cierewtvnhosdree aiwiwunwm noltgieiahnmlc l sy a twbaeesol ade, ea wCes eqronueordunesarngiubk np einr ltmadlyesi n c . we bwvoenaeinsettsg jh eesiues ktutnt chltcacy.o hetat i i doipabonnjsranat o sae cwwvinnesii itn delt ltdthed o nut gta okoreh iectrmen re, o gsmiapsb ti prnatsthih titnenraeegduti sne gctganreterm ida.dom nR eiwpsmc eorcietonrehe sipgrangc.e r tihHnrgsioeteeeaydna rl c u bswdpuolieeoiclnlsv.inl ide Agbdiarnnlestll TAABre.. ed Te aBM rMpeeapdeail snisin cttateaarentkeniaio natnnongcs cebm em e,a aPftyrere urbeinae iol nusf g swwe aidenll etd bdo eF sh ,ea etrdlrtpajiul sicszhota enatditnor,d ont il og wthheteeernd ed gder,b oorwris tr hea mtb auoltvl hetiadmn tdeos we. nPesreuedr-ieenm gp reworigplele nbr teg ardonowdn etph o“.a sst— neheedrebdic."i dal TAAMu..u r l fcP S hFitne . Aert uSilgtirzuaaswttiio nmne u Tlcuhrf w wilill lb bee a fdedrteidli ztewdi c(e3 )p teirm yeesa ar iyne alarn. dscape bed areas. Plant Replacement E stimated cost to replace damaged plants within the District. Tree Trimming Estimated cost for tree trimming within the District. Description Monthly Annually CPYoienlnleot iSwntgsretaonwnc ey L andscape – Southeast, LLC $10,800 $1$52$359,,,363202805 TOTAL $188,253 6 Indigo East Community Development District General Fund Budget Pressure Washing Estimated cost to pressure wash, annually, curbs, sidewalks and common areas maintained by the District. Well Maintenance/Repairs Estimated cost for repairs and maintenance of the two wells. Contingency iRnetpor aensye natms efunnitdys c aaltleogcoarteyd. to expenses that the District could incur throughout the fiscal year that do not fit Other Expenditures: Transfer Out - Capital Reserve tFhuen Ddsis ctorilclet.c ted and reserved for the replacement of and/or purchase of new capital improvements throughout 7 Adopted Actuals Projected Description FBYu2d0g2e6t 6/3T0h/r2u026 3 MNoenxtths 9P/r3oT0jhe/r2cut0ed26 AFBYduo2dp0gt2ee7dt ICAARnssaetssreveerressyenss Fsmmuto eeeIrnsnnwcttoass mr--d PTe Sraeuxp rRpaoylluml sents $$$$ 1 80 308 ,,, 237 -047314 $$$$ 1 81 4715,,,,126724832389 $$$$ 9 ---43 $$$$ 1 81 5715,,,,116723882689 $$$$ 1 81 208 ,,, 057 -779346 Total Revenues $ 192,318 $ 208,792 $ 943 $ 209,735 $ 201,443 Expenditures IISSPnnpprttieeeenccrrciieeiaapsslltt a CC--l aa 15-ll /15ll 1/--/ 1151/11/1 $$$$$ 115 055 ,,, 099 --033088 $$$$$ 1114 50555,,,,,000790002300028 $$$$$ ----- $$$$$ 1114 50555,,,,,000790002300028 $$$$$ 115 044 ,,, 066 --088011 Total Expenditures $ 81,875 $ 91,659 $ - $ 91,659 $ 79,363 Excess Revenues/(Expenditures) $ 110,443 $ 117,133 $ 943 $ P r i n c i p 1a1l 8- ,1017/61 $$ 1 3 1,62520,0.0800 Discounts &G rCNooeslslt eAAcsstsisoeensssssmm (6eenn%ttss) $$88$055,,,179357046 AssessmenTtso ptaelr U Unnitist $418738 Indigo East Community Development District Adopted Budget Debt Service Fund Series 2016 8 Date Balance Prinicpal Interest Total 11/01/26 675,000.00 $ - $ 14,681.25 $ 14,681.25 $ 05/01/27 675,000.00 $ 50,000.00 $ 14,681.25 $ 11/01/27 625,000.00 $ - $ 13,650.00 $ 78,331.25 $ 05/01/28 625,000.00 $ 50,000.00 $ 13,650.00 $ 11/01/28 575,000.00 $ - $ 12,618.75 $ 76,268.75 $ 05/01/29 575,000.00 $ 55,000.00 $ 12,618.75 $ 11/01/29 520,000.00 $ - $ 11,484.38 $ 79,103.13 $ 05/01/30 520,000.00 $ 55,000.00 $ 11,484.38 $ 11/01/30 465,000.00 $ - $ 10,350.00 $ 76,834.38 $ 05/01/31 465,000.00 $ 60,000.00 $ 10,350.00 $ 11/01/31 405,000.00 $ - $ 9,112.50 $ 79,462.50 $ 05/01/32 405,000.00 $ 60,000.00 $ 9,112.50 $ 11/01/32 345,000.00 $ - $ 7,762.50 $ 76,875.00 $ 05/01/33 345,000.00 $ 65,000.00 $ 7,762.50 $ 11/01/33 280,000.00 $ - $ 6,300.00 $ 79,062.50 $ 05/01/34 280,000.00 $ 65,000.00 $ 6,300.00 $ 11/01/34 215,000.00 $ - $ 4,837.50 $ 76,137.50 $ 05/01/35 215,000.00 $ 70,000.00 $ 4,838.50 $ 11/01/35 145,000.00 $ - $ 3,262.50 $ 78,101.00 $ 05/01/36 145,000.00 $ 70,000.00 $ 3,262.50 $ 11/01/36 75,000.00 $ - $ 1,687.50 $ 74,950.00 $ 05/01/37 75,000.00 $ 75,000.00 $ 1,687.50 $ 76,687.50 $ 675,000.00 $ 191,494.76 $ 866,494.76 $ Indigo East Community Development District Series 2016 Special Assessment Bonds Amortization Schedule 9 Adopted Actuals Projected Description FBYu2d0g2e6t 6/3T0h/r2u026 3 MNoenxtths 9P/r3oT0jhe/rc2ut0ed26 AFBYduo2dp0gt2ee7td ICRnaetrevrreyen Fsuto eIrnswcoamrde Surplu s $$ 4 8 93,,268463 $$ 4 1737,,718474 $$ 3 , 0 -64 $$ 4 1767,,184504 $$ 4 9 83,,472152 Total Revenues $ 492,929 $ 490,931 $ 3,064 $ 493,994 $ 502,137 Expenditures RRooaaddwwaayy SRtersipuirnfagc i&n gSignage $$ 3 35,,020000 $$ 2 23,,019903 $$ -- $$ 2 23,,019903 $$ 3 35,,200000 Total Expenditures $ 38,200 $ 25,283 $ - $ 25,283 $ 38,200 Other Financing Sources/(Uses) Transfer In $ 25,000 $ - $ 25,000 $ 25,000 $ 23,033 Total Other Financing Sources/(Uses) $ 25,000 $ - $ 25,000 $ 25,000 $ 23,033 Excess Revenues/(Expenditures) $ 479,729 $ 465,648 $ 28,064 $ 493,712 $ 486,970 Indigo East Community Development District Adopted Budget Capital Reserves Fund 10