Lawson Dunes
Community Development District

Adopted Budget
FY2027

Table of Contents

1-2

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8

9

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	FY2026	6/30/26	3 Months	9/30/26	FY2027	
Revenues						
Assessments - On Roll	$	468,883  $	472,934	$	-	$	472,934  $	468,883	
Interest	$	-	$	11,235	$	2,809  $	14,043  $	-	
Miscellaneous Income	$	-	$	271	$	-	$	271  $	-	
Carry Forward	$	49,496  $	328,432	$	-	$	328,432  $	46,908	
Total Revenues	$	518,379  $	812,872	$	2,809  $	815,681  $	515,791	
Expenditures						
General & Administrative						
Supervisor Fees	$	12,000  $	3,200	$	2,400  $	5,600  $	12,000	
FICA Expenditures	$	918  $	245	$	184  $	428  $	918	
Engineering	$	10,000  $	738	$	1,000  $	1,738  $	10,000	
Attorney	$	20,000  $	5,172	$	5,000  $	10,172  $	20,000	
Annual Audit	$	3,500  $	3,225	$	-	$	3,225  $	3,550	
Assessment Administration	$	5,250  $	5,250	$	-	$	5,250  $	5,513	
Arbitrage	$	450  $	-	$	450  $	450  $	450	
Dissemination	$	5,732  $	4,299	$	1,434  $	5,733  $	6,019	
Trustee Fees	$	4,455  $	2,688	$	1,768  $	4,455  $	4,455	
Management Fees	$	43,775  $	32,831	$	10,944  $	43,775  $	45,964	
Information Technology	$	1,947  $	1,460	$	486  $	1,946  $	2,044	
Website Maintenance	$	1,298  $	974	$	324  $	1,298  $	1,363	
Postage & Delivery	$	500  $	804	$	150  $	954  $	1,000	
Insurance	$	7,610  $	6,002	$	-	$	6,002  $	6,487	
Copies	$	350  $	4	$	50  $	54  $	350	
Legal Advertising	$	2,500  $	2,093	$	407  $	2,500  $	2,500	
Administrative Contingency	$	2,000  $	413	$	150  $	563  $	2,000	
Office Supplies	$	-	$	15	$	20  $	35  $	-	
Dues, Licenses & Subscriptions	$	175  $	175	$	-	$	175  $	175	
Total General & Administrative	$	122,459  $	69,588	$	24,766  $	94,354  $	124,787	

Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Adopted Budget	
Description	FY2026	6/30/26	3 Months	9/30/26	FY2027	
Operations & Maintenance						
Field Expenditures						
Property Insurance	$	12,500	$	10,168	$	-	$	10,168	$	9,412	
Field Management	$	15,450	$	11,588	$	3,864	$	15,452	$	16,223	
Landscape Maintenance	$	58,000	$	43,155	$	16,833	$	59,988	$	65,380	
Landscape Replacement	$	15,000	$	9,220	$	5,780	$	15,000	$	20,000	
Irrigation Repairs	$	8,000	$	1,644	$	4,000	$	5,644	$	10,000	
Lake Maintenance	$	1,800	$	1,350	$	450	$	1,800	$	1,800	
Streetlights	$	30,000	$	15,708	$	6,156	$	21,864	$	22,500	
Electric	$	19,560	$	234	$	100	$	334	$	7,500	
Water & Sewer	$	56,000	$	8,247	$	3,000	$	11,247	$	12,934	
General Repairs & Maintenance	$	10,000	$	2,614	$	2,500	$	5,114	$	10,000	
Reserve Study	$	-	$	-	$	-	$	-	$	6,000	
Field Contingency	$	12,500	$	12,396	$	3,125	$	15,521	$	12,500	
Subtotal Field Expenditures	$	238,810	$	116,326	$	45,808	$	162,134	$	194,248	
Amenity Expenditures						
Amenity - Electric	$	14,400	$	3,560	$	2,860	$	6,420	$	10,000	
Amenity - Water	$	6,000	$	26,596	$	12,000	$	38,596	$	44,386	
Internet	$	1,000	$	-	$	250	$	250	$	1,000	
Playground Lease	$	41,150	$	30,862	$	10,287	$	41,149	$	41,150	
Pest Control	$	1,560	$	1,170	$	390	$	1,560	$	1,560	
Janitorial Service	$	14,400	$	7,045	$	3,270	$	10,315	$	14,400	
Security Service	$	22,000	$	4,401	$	5,500	$	9,901	$	26,500	
Holiday Lighting	$	7,500	$	7,500	$	-	$	7,500	$	7,500	
Pool Maintenance	$	21,600	$	14,450	$	5,400	$	19,850	$	22,260	
Amenity Management	$	10,000	$	7,500	$	2,499	$	9,999	$	10,500	
Amenity Repairs & Maintenance	$	7,500	$	2,837	$	1,875	$	4,712	$	7,500	
Amenity Contingency	$	10,000	$	3,084	$	2,500	$	5,584	$	10,000	
Subtotal Amenity Expenditures	$	157,110	$	109,004	$	46,831	$	155,835	$	196,756	
						
Total Operations & Maintenance Expenditures	$	395,920	$	225,329	$	92,639	$	317,968	$	391,004	
						
Total Expenditures	$	518,379	$	294,917	$	117,405	$	412,322	$	515,791	
						
Excess Revenues/(Expenditures)	$	-	$	517,954	$  (114,596)	$	403,358	$	-	
				
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.

Carry Forward

Represents amount used to offset the District’s fiscal year expenditure.

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.

FICA Expenditures

Represents the Employer’s share of Social Security and Medicare taxes withheld from Board of Supervisor checks.

Engineering

The District's engineer, Dewberry Engineering, 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

The District's legal counsel, Kilinski | Van Wyk, 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. 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. FIA specializes in providing insurance coverage to governmental agencies.

Copies

Printing 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.

Administrative Contingency

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

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

The District has contracted with Governmental Management Services – Central Florida, LLC to provide 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 cost for maintenance of the landscaping within the common areas of the District.

Landscape Replacement

Represents the 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 cost of maintaining ponds in the District.

Streetlights

Represents the cost to maintain streetlights within the District boundaries for the fiscal year.

Electric

Represents the cost for electric charges of common areas throughout the District.

Water & Sewer

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

General Repairs & Maintenance

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

Reserve Study

At the direction of the Board that recognizes the need for proper reserve planning, we will conduct a capital reserve study of Lawson Dunes Community Development District.

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 cost for water charges for the District’s amenity facilities.

Internet

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

Playground Lease

Represents leasing agreement cost for playground equipment installed in the District.

Pest Control

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

Janitorial Services

Represents 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 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	FY2026	6/30/26	3 Months	9/30/26	FY2027	
Revenues						
Assessments	$	636,900	$	642,407	$	-	$	642,407	$	636,900	
Interest	$	13,199	$	19,637	$	4,909	$	24,546	$	12,273	
Carryforward Surplus	$	408,085	$	411,536	$	-	$	411,536	$	441,777	
Total Revenues	$  1,058,184	$  1,073,580	$	4,909	$  1,078,490	$  1,090,950	
Expenditures						
Interest - 11/1	$	233,356	$	233,356	$	-	$	233,356	$	229,638	
Principal - 5/1	$	170,000	$	170,000	$	-	$	170,000	$	175,000	
Interest - 5/1	$	233,356	$	233,356	$	-	$	233,356	$	229,638	
Total Expenditures	$	636,713	$	636,713	$	-	$	636,713	$	634,275	
						
Excess Revenues/(Expenditures)	$	421,471	$	436,868	$	4,909	$	441,777	$	456,675	
			
Interest Payment 11/1/27	
$	225,809	
		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				

Special Assessment Bonds Series 2022 Amortization Schedule

DATE		BALANCE		PRINCIPAL		INTEREST		TOTAL	
									
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	
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	
			$	9,135,000.00	$	7,541,881.25	$	17,080,237.50