Bella Tara
Community Development District

Adopted Budget
FY2026

Table of Contents

1		General Fund

2-3		Narratives

Bella Tara
Community Development District

	Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Adopted Budget	
Description	FY2025	5/31/25		4 Months		9/30/25	FY2026	

REVENUES:						
Developer Contributions	$	102,125	$	41,432	$	27,295	$	68,727	$	265,625	
TOTAL REVENUES	$	102,125	$	41,432	$	27,295	$	68,727	$	265,625	

EXPENDITURES:						
Administrative:						
Engineering Fees	$	2,000.00	$	-	$	1,000.00	$	1,000.00	$	2,000.00	
Arbitrage	500	-	-		500	
Dissemination Agent	5,000	-	-	-	5,000	
Assessment Administration	5,000	-	-	-	5,000	
Attorney Fees	25,000	8,053	5,752	13,805	25,000	
Annual Audit	5,000	3,200	-	3,200	5,000	
Trustee Fees	5,000	-	-	-	5,000	
District Management Fees	40,000	26,667	13,333	40,000	40,000	
Information Technology	1,800	1,200	600	1,800	1,800	
District Website Administration	1,200	800	400	1,200	1,200	
Telephone	100	-	50	50	100	
Postage & Delivery	200	61	50	111	200	
General Liability and Public Officials Insurance	6,000	5,200	-	5,200	6,000	
Printing & Binding	100	22	50	72	100	
Legal Advertising	3,000	304	500	804	3,000	
Bank Fees and Other Charges	2,000	425	850	1,275	2,000	
Office Supplies	50	-	35	35	50	
Dues, Licenses & Subscriptions	175	175	-	175	175	
TOTAL ADMINISTRATIVE	$	102,125	$	46,107	$	22,620	$	68,727	$	102,125	
Field Operations						
Field Management	$	-	$	-	$	-	$	-	$	15,000	
Electric	-	-	-	-	15,000	
Water	-	-	-	-	10,000	
Landscape Maintenance	-	-	-	-	60,000	
Landscape Contingency	-	-	-	-	10,000	
General Repairs & Maintenance	-	-	-	-	10,000	
Lake Maintenance	-	-	-	-	12,500	
Mitigation Maintenance	-	-	-	-	15,000	
Lift Station Maintenance	-	-	-	-	5,000	
Irrigation Maintenance	-	-	-	-	6,000	
Property Insurance	-	-	-	-	5,000	
Total Field Operations	$	-	$	-	$	-	$	-	$	163,500	
						
TOTAL EXPENDITURES	$	102,125	$	46,107	$	22,620	$	68,727	$	265,625	
						
TOTAL OTHER SOURCES/(USES)	$	-	$	-	$	-	$	-	$	-	
						
EXCESS REVENUES (EXPENDITURES)	$	-	$	(4,675)	$	4,675	$	-	$	-	
(1) Cost associated with the issuance of Bonds						

Adopted Budget General Fund

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Bella Tara
Community Development District
Budget Narrative Fiscal Year 2026

REVENUES

Developer Contributions
The District will entering into a Funding Agreement with the Developer to fund all operations of the District

Expenditures - Administrative

District Engineering Fees
The District has contracted with Vanasse Hangen Brustln to providing general engineering services to the District, i.e. attendance and preparation for monthly board meetings, review invoices, etc.
Arbitrage
The District is required to have an annual arbitrage calculation on District bonds. The District will contract with an independent CPA firm to perform the caulation.
Dissemination Agent
The District is required by the Security and Exchange Commission to comply with Rule 15(c)(2)-12(b)(5), which relates to additional reporting requirements for un-rated bond issues. GMS-CF serves as the Dissemination Agent.
Assessment Roll Administration
Represents cost associated with annually levying and collection Non-Ad Valorem Assessments utilized to fund the operating and debt service cost of the District. GMS-CF serves as the Assessment Administrator.
Attorney Fees
The District has contracted with Kutak Rock LLP as legal counsel who will be providing general legal services to the District, i.e. attendance and preparation for monthly meetings, review operating & maintenance contracts, etc.
Annual Audit
The District is required annually to conduct an audit of its financial records by an Independent Certified Public Accounting Firm.

Trustee Fees
The District plans to issue Special Assessment bonds which are held and administered by a Trustee. This represents the trustee annual fee.
District Management Fees
The District receives Management, Accounting and Administrative services as part of a Management Agreement with GMS-CF, LLC.

Information Technology
The District processes all of its financial activities, i.e. accounts payable, financial statements, etc. on a main frame computer leased by
GMS-CF, LLC.
Website Administration
Per Chapter 2014-22, Laws of Florida, all Districts must have a website to provide detailed information on the CDD as well as links to useful websites regarding Compliance issues. This website will be maintained by GMS-CF, LLC and updated monthly.
Telephone
Telephone and fax machine.
Postage and Delivery
Mailing of agenda packages, overnight deliveries, correspondence, etc.
Insurance General Liability
The District's General Liability & Public Officials Liability Insurance policy is with a qualified entity that specializes in providing insurance coverage to governmental agencies. The amount is based upon similar Community Development Districts.
Printing and Binding
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.

Bella Tara
Community Development District
Budget Narrative Fiscal Year 2026

Expenditures - Administrative (continued)

Other Current Charges
Bank charges and any other miscellaneous expenses that incurred during the year.
Office Supplies
Miscellaneous office supplies
Due, Licenses & Subscriptions
The District is required to pay an annual fee to the FloridaCommerce for $175. This is the only expense under this category for the District.
Contingencies
This includes monthly bank charges and any other miscellaneous expenses that incur during the year.

Expenditures - Field

Field Management
Represents the onsite management, contract admin and field services.
Electric
The District anticipates installing streetlights.
Water
The estimated cost of water.
Landscape Maintenance
The District will enter into a contract to maintain landscaping for Phase 1 to include turf maintenance, horticultural services, and tree pruning.
Landscape Contingency
Cost of possible bush hogging of lakes and additional maintenance as needed.

General Repairs & Maintenance
The cost of maintain the roadway, monument sign, sporting court, park or other maintenance as needed
Mitigation Maintenance
The cost of aquatic treatments for various ponds.
Lift Station Maintenance
The cost of maintaing lisftstations owned by the CDD.
Irrigation Repairs
The District will repair sprinkler heads and other irrigation equipment that can be potentially damaged.
Property Insurance
The District obtain coverage for monument signage and potential pickelball courts.