Lawson Dunes
Community Development District

Adopted Budget
FY2026

6M3

Table of Contents

1-2

3-7

8

9-10

General Fund

General Fund Narrative

Debt Service Fund Series 2022

Amortization Schedule Series 2022

	Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Adopted Budget	
Description	FY2025	6/30/25	3 Months	9/30/25	FY2026	
Revenues						
Assessments - On Roll	$	468,883  $	475,260	$	-	$	475,260  $	468,883	
Interest	$	-	$	4,214	$	1,054  $	5,268  $	-	
Carry Forward	$	-	$	-	$	-	$	-	$	49,496	
Total Revenues	$	468,883  $	479,474	$	1,054  $	480,528  $	518,379	
Expenditures						
General & Administrative						
Supervisor Fees	$	12,000  $	2,600	$	3,000  $	5,600  $	12,000	
FICA Expenses	$	-	$	138	$	230  $	428  $	918	
Engineering	$	10,000  $	3,179	$	2,500  $	5,679  $	10,000	
Attorney	$	20,000  $	7,551	$	5,000  $	12,551  $	20,000	
Annual Audit	$	3,500  $	-	$	3,500  $	3,500  $	3,500	
Assessment Administration	$	5,250  $	5,250	$	-	$	5,250  $	5,250	
Arbitrage	$	450  $	-	$	450  $	450  $	450	
Dissemination	$	5,565  $	4,274	$	1,392  $	5,666  $	5,732	
Trustee Fees	$	4,050  $	4,031	$	-	$	4,031  $	4,455	
Management Fees	$	42,500  $	31,875	$	10,625  $	42,500  $	43,775	
Information Technology	$	1,890  $	1,418	$	473  $	1,890  $	1,947	
Website Maintenance	$	1,260  $	945	$	315  $	1,260  $	1,298	
Postage & Delivery	$	500  $	569	$	150  $	719  $	500	
Insurance	$	5,720  $	5,564	$	-	$	5,564  $	7,610	
Copies	$	350  $	12	$	50  $	62  $	350	
Legal Advertising	$	2,500  $	1,318	$	1,182  $	2,500  $	2,500	
Administrative Contingency	$	2,000  $	1,016	$	500  $	1,516  $	2,000	
Office supplies	$	-	$	9	$	-	$	-	$	-	
Dues, Licenses & Subscriptions	$	175  $	175	$	-	$	175  $	175	
Total General & Administrative	$	117,710  $	69,923	$	29,366  $	99,342  $	122,459	

Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Adopted Budget	
Description	FY2025	6/30/25	3 Months	9/30/25	FY2026	
Operations & Maintenance						
Field Expenditures						
Property Insurance	$	3,243	$	3,724	$	-	$	3,724	$	12,500	
Field Management	$	15,000	$	11,250	$	3,750	$	15,000	$	15,450	
Landscape Maintenance	$	55,580	$	38,567	$	13,895	$	52,462	$	58,000	
Landscape Replacement	$	10,000	$	205	$	2,500	$	2,705	$	15,000	
Irrigation Repairs	$	5,000	$	11,490	$	2,500	$	13,990	$	8,000	
Lake Maintenance	$	-	$	1,350	$	450	$	1,800	$	1,800	
Streetlights	$	30,000	$	4,772	$	4,842	$	9,614	$	30,000	
Electric	$	3,500	$	9,880	$	75	$	9,955	$	19,560	
Water & Sewer	$	66,000	$	22,846	$	16,500	$	39,346	$	56,000	
General Repairs & Maintenance	$	10,000	$	4,603	$	5,397	$	10,000	$	10,000	
Field Contingency	$	5,000	$	32,603	$	1,250	$	33,853	$	12,500	
Subtotal Field Expenditures	$	203,323	$	141,291	$	51,159	$	192,449	$	238,810	
Amenity Expenditures						
Amenity - Electric	$	6,000	$	-	$	1,500	$	1,500	$	14,400	
Amenity - Water	$	6,000	$	-	$	1,500	$	1,500	$	6,000	
Internet	$	2,000	$	-	$	500	$	500	$	1,000	
Playground Lease	$	41,150	$	30,862	$	10,287	$	41,149	$	41,150	
Pest Control	$	600	$	-	$	150	$	150	$	1,560	
Janitorial Service	$	15,300	$	595	$	1,080	$	1,675	$	14,400	
Security Service	$	32,000	$	3,190	$	12,760	$	15,950	$	22,000	
Holiday Lighting	$	-	$	-	$	-	$	-	$	7,500	
Pool Maintenance	$	19,800	$	-	$	4,950	$	4,950	$	21,600	
Amenity Management	$	10,000	$	-	$	2,500	$	2,500	$	10,000	
Amenity Repairs & Maintenance	$	7,500	$	-	$	1,875	$	1,875	$	7,500	
Amenity Contingency	$	7,500	$	-	$	1,875	$	1,875	$	10,000	
Subtotal Amenity Expenditures	$	147,850	$	34,647	$	38,977	$	73,624	$	157,110	
						
Total Operations & Maintenance Expenditures	$	351,173	$	175,937	$	90,136	$	266,073	$	395,920	
						
Total Expenditures	$	468,883	$	245,861	$	119,502	$	365,415	$	518,379	
						
Excess Revenues/(Expenditures)	$	-	$	233,613	$  (118,448)	$	115,112	$	-	
TP DEP						
				Gross Assessments	$	504,175	
				(Less: Discounts & Collections 7%)	$	(35,292)	
				Net Assessments	$	468,883	
						
				Per Unit Gross Assessment	$	1,306.15	
						
				Prior Year Per Unit Gross Assessment	$	1,306.15	
						
				Increase (Decrease)	$	-	
						
				% Increase	0.00%	
						
Product	ERU's	Assessable Units	ERU/Unit	Net Assessment	Net Per Unit	Gross Per Unit	
Single Family	386.00	386	1.00	$468,883.00	$1,214.72	$1,306.15	
Total ERU's	386.00	386		$468,883.00		

Revenues:

Assessments

The District will levy a non-ad valorem assessment on all the assessable property within the District to pay for operating expenditures during the fiscal year.

Expenditures:

General & 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.

Engineering

The District's engineer, Dewberry Engineering, will be providing 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

The District's legal counsel, Kilinski | Van Wyk, will be providing 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. This service is provided by DiBartolomeo, McBee, Hartley & Barnes, P.A.

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.

Arbitrage

The District has contracted with AMTEC to annually calculate the District’s Arbitrage Rebate Liability on an its Series 2022 bond issuance.

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 with Governmental Management Services – Central Florida, LLC is based upon its Series 2022 issued bond.

Trustee Fees

The District will incur trustee related costs with the issuance of its’ Series 2022 bond.

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 with Governmental Management Services – Central Florida LLC, 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.

Website Maintenance

Represents the costs with Governmental Management Services – Central Florida, LLC 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.

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 coverages with Florida Insurance Alliance.

Copies

Printing and Binding agenda packages 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.

Administrative Contingency

Bank charges and any other miscellaneous expenditures incurred during the year that do not fit into any administrative category.

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 expenditure under this category for the District.

Operations & Maintenance:

Field Expenditures

Property Insurance

The District’s property insurance coverages with Florida Insurance Alliance.

Field Management

Represents the estimated costs of onsite field management of contracts for the District such as landscape and lake maintenance. Services to include onsite inspections, meetings with contractors, monitoring of utility accounts, attend Board meetings and receive and respond to property owner phone calls and emails.

Landscape Maintenance

Represents the estimated maintenance of the landscaping within the common areas of the District after the installation of landscape material has been completed.

Landscape Replacement

Represents the estimated cost of replacing landscaping within the common areas of the District.

Irrigation Repairs

Represents the cost of maintaining and repairing the irrigation system. This includes the sprinklers, and irrigation wells.

Lake Maintenance

Represents the estimated cost of maintaining ponds in the District.

Streetlights

Represents the cost to maintain streetlights within the District Boundaries that are expected to be in place throughout the fiscal year.

Electric

Represents estimated electric charges of common areas throughout the District.

Water & Sewer

Represents estimated costs for water and refuse services provided for common areas throughout the District.

Sidewalk & Asphalt Maintenance

Represents the estimated costs of maintaining the sidewalks and asphalt throughout the District’s Boundary.

General Repairs & Maintenance

Represents estimated costs for general repairs and maintenance of the District’s common areas.

Field Contingency

Represents funds allocated to expenditures 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.

Amenity – Water

Represents estimated water charges for the District’s amenity facilities.

Internet

Internet service will be added for use at the Amenity Center.

Playground Lease

The District will enter into a leasing agreement for playgrounds installed in the community.

Pest Control

The District will incur costs for pest control treatments to its amenity facilities.

Janitorial Services

Represents estimated costs to provide janitorial services and supplies for the District’s amenity facilities.

Security Services

Represents the estimated cost of contracting a monthly security service for the District’s amenity facilities.

Holiday Lighting

Enhance festive celebrations with vibrant and energy-efficient holiday lighting. Proper installation and weatherproofing ensure safety and longevity, while timers and smart controls add convenience. Thoughtful placement can create a warm and inviting atmosphere for any space.

Pool Maintenance

Represents the estimated costs of regular cleaning and treatments of the District’s pool.

Amenity Management

Amenity Management provides access card issuance through registration, proof of residency, and photo identification. The team also provides keycard troubleshooting for issues and concerns related to access control. Staff reviews security concerns and amenity policy violations via remote camera monitoring on an as-needed basis. Districts are provided electronic communication for District news and direct remote customer service through phone and email directly to the Amenity Access Team.

Amenity Repairs & Maintenance

Represents estimated costs for repairs and maintenance of the District’s amenity facilities.

Amenity Contingency

Represents funds allocated to expenditures that the District could incur throughout the fiscal year that do not fit into any amenity category.

Adopted Budget
Debt Service Fund Series 2022

	Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Adopted Budget	
Description	FY2025	6/30/25	3 Months	9/30/25	FY2026	
Revenues						
Assessments	$	636,900	$	645,566	$	-	$	645,566	$	636,900	
Interest	$	-	$	21,118	$	5,280	$	26,398	$	13,199	
Carryforward Surplus	$	703,555	$	375,025	$	-	$	375,025	$	408,085	
Total Revenues	$  1,340,455	$  1,041,710	$	5,280	$  1,046,989	$  1,058,184	
Expenditures						
Interest - 11/1	$	236,984	$	236,857	$	-	$	236,857	$	233,356	
Interest - 2/1	$	-	$	64	$	-	$	64	$	-	
Special Call - 2/1	$	-	$	5,000	$	-	$	5,000	$	-	
Principal - 5/1	$	160,000	$	160,000	$	-	$	160,000	$	170,000	
Interest - 5/1	$	236,984	$	236,984	$	-	$	236,984	$	233,356	
Total Expenditures	$	633,969	$	638,905	$	-	$	638,905	$	636,713	
						
Excess Revenues/(Expenditures)	$	706,486	$	402,805	$	5,280	$	408,085	$	421,471	
						
Net Change in Fund Balance	$	706,486	$	402,805	$	5,280	$	408,085	$	421,471	
			
Interest Payment 11/1/26	
$	229,638	
		Maximum Annual				
Product	Assessable Units	Debt Service	Net Per Unit	Gross Per Unit		
Single Family - Paid Down	386	$636,900	$1,650.00	$1,774.19		
	386	$636,900				

DATE		BALANCE		PRINCIPAL		INTEREST		TOTAL	

11/01/25	
$	
9,305,000.00	
$	
-	
$	
233,356.25	
$	
630,212.50	
05/01/26	$	9,305,000.00	$	170,000.00	$	233,356.25	$	-	
11/01/26	$	9,135,000.00	$	-	$	229,637.50	$	632,993.75	
05/01/27	$	9,135,000.00	$	175,000.00	$	229,637.50	$	-	
11/01/27	$	8,960,000.00	$	-	$	225,809.38	$	630,446.88	
05/01/28	$	8,960,000.00	$	185,000.00	$	225,809.38	$	-	
11/01/28	$	8,775,000.00	$	-	$	221,415.63	$	632,225.00	
05/01/29	$	8,775,000.00	$	195,000.00	$	221,415.63	$	-	
11/01/29	$	8,580,000.00	$	-	$	216,784.38	$	633,200.00	
05/01/30	$	8,580,000.00	$	205,000.00	$	216,784.38	$	-	
11/01/30	$	8,375,000.00	$	-	$	211,915.63	$	633,700.00	
05/01/31	$	8,375,000.00	$	215,000.00	$	211,915.63	$	-	
11/01/31	$	8,160,000.00	$	-	$	206,809.38	$	633,725.00	
05/01/32	$	8,160,000.00	$	225,000.00	$	206,809.38	$	-	
11/01/32	$	7,935,000.00	$	-	$	201,465.63	$	633,275.00	
05/01/33	$	7,935,000.00	$	235,000.00	$	201,465.63	$	-	
11/01/33	$	7,700,000.00	$	-	$	195,590.63	$	632,056.25	
05/01/34	$	7,700,000.00	$	250,000.00	$	195,590.63	$	-	
11/01/34	$	7,450,000.00	$	-	$	189,340.63	$	634,931.25	
05/01/35	$	7,450,000.00	$	260,000.00	$	189,340.63	$	-	
11/01/35	$	7,190,000.00	$	-	$	182,840.63	$	632,181.25	
05/01/36	$	7,190,000.00	$	275,000.00	$	182,840.63	$	-	
11/01/36	$	6,915,000.00	$	-	$	175,965.63	$	633,806.25	
05/01/37	$	6,915,000.00	$	290,000.00	$	175,965.63	$	-	
11/01/37	$	6,625,000.00	$	-	$	168,715.63	$	634,681.25	
05/01/38	$	6,625,000.00	$	305,000.00	$	168,715.63	$	-	
11/01/38	$	6,320,000.00	$	-	$	161,090.63	$	634,806.25	
05/01/39	$	6,320,000.00	$	320,000.00	$	161,090.63	$	-	
11/01/39	$	6,000,000.00	$	-	$	153,090.63	$	634,181.25	
05/01/40	$	6,000,000.00	$	335,000.00	$	153,090.63	$	-	
11/01/40	$	5,665,000.00	$	-	$	144,715.63	$	632,806.25	
05/01/41	$	5,665,000.00	$	350,000.00	$	144,715.63	$	-	
11/01/41	$	5,315,000.00	$	-	$	135,965.63	$	630,681.25	
05/01/42	$	5,315,000.00	$	370,000.00	$	135,965.63	$	-	
11/01/42	$	4,945,000.00	$	-	$	126,715.63	$	632,681.25	
05/01/43	$	4,945,000.00	$	390,000.00	$	126,715.63	$	-	
11/01/43	$	4,555,000.00	$	-	$	116,721.88	$	633,437.50	
05/01/44	$	4,555,000.00	$	410,000.00	$	116,721.88	$	-	
11/01/44	$	4,145,000.00	$	-	$	106,215.63	$	632,937.50	
05/01/45	$	4,145,000.00	$	430,000.00	$	106,215.63	$	-	
11/01/45	$	3,715,000.00	$	-	$	95,196.88	$	631,412.50	
05/01/46	$	3,715,000.00	$	455,000.00	$	95,196.88	$	-	
11/01/46	$	3,260,000.00	$	-	$	83,537.50	$	633,734.38	
05/01/47	$	3,260,000.00	$	475,000.00	$	83,537.50	$	-	
11/01/47	$	2,785,000.00	$	-	$	71,365.63	$	629,903.13	

DATE		BALANCE		PRINCIPAL		INTEREST		TOTAL	

05/01/48	
$	
2,785,000.00	
$	
500,000.00	
$	
71,365.63	
$	
-	
11/01/48	$	2,285,000.00	$	-	$	58,553.13	$	629,918.75	
05/01/49	$	2,285,000.00	$	530,000.00	$	58,553.13	$	-	
11/01/49	$	1,755,000.00	$	-	$	44,971.88	$	633,525.00	
05/01/50	$	1,755,000.00	$	555,000.00	$	44,971.88	$	-	
11/01/50	$	1,200,000.00	$	-	$	30,750.00	$	630,721.88	
05/01/51	$	1,200,000.00	$	585,000.00	$	30,750.00	$	-	
11/01/51	$	615,000.00	$	-	$	15,759.38	$	631,509.38	
05/01/52	$	615,000.00	$	615,000.00	$	15,759.38	$	630,759.38	
			$	9,305,000.00	$	8,008,593.75	$	17,710,450.00