Bella TaraCommunity Development District Adopted BudgetFY2027 A picture containing text Description automatically generated 1-2 3-4 5-6 7-8 9 Assessment Schedule Narratives Table of Contents General Fund Debt Service Fund Series 2025 (AA1) Debt Service Fund Series 2025 (MI) Description AFBdYuo2dp0gt2ee6td Ac6tu/3al0s/ T2h6ru Pro3j eMctoendt hNsext Pro9je/c3t0ed/2 T6hru AFBdYuo2dp0gt2ee7td REVENUES: SDSppeeevcceiilaaollp AAessrss Ceeossssnmmtreeibnnuttsst--ioODnnirs eRcotll $ 265,625 - - $ 56,111 - - $ 62,439 - - $ 118,550 - - $ 2 1 17 12 ,, 82 83 78 - TOTAL REVENUES $ 265,625 $ 5 6,111 $ 6 2,439 $ 118,550 $ 384,125 EXPENDITURES: Administrative: DEOADAAATMIWTPIPLOnnenorrerstnfutiafsefstihubgslsgnoeinonuesbetacesiirsuertptaarnssetlrm,irnaa me ggishne ALatCSnelemeeaeoeg giiduuAy cm cntrn F&eevA&pie reiuaFeoenneer pnd dtDGeeneBnrgtilsmie soetni e tiAteTFeisn nnltisFsdisee ndei vC eAmcne&irieheshnsgga ritsaSngelnyr runoaLigsblttieotiasorsgbcanyritl iiipotytni ons $ 24 255555011632 ,,,,,,,,,,,, 10500000082120100 570000000000000000050000000000000000 $ 3 3 8 40 1 5 ,,,,,, 174303 95 7 9 7510050 4152 05030000 32428 - - - - - $ 1 1 1 30 2,,,,,0250 4 32 3 3058050 2 4 540500700057680 - - - - - - $ 1 4 1 52 40 1 1 5 3 1,,,,,,,,,, 100030825 102 370000000 2 51002550000000502008 - - - $ 24 255555011632 ,,,,,,,,,,,, 01500000082120100 507000000000000000005000000000000000 TOTAL ADMINISTRATIVE $ 102,125 $ 5 6,126 $ 1 9,299 $ 7 5,425 $ 102,125 Field Operations IFLLPPGUUUMLRriiaaroeetttrifeiiionnnntstillllig piiiedddedSgtttare rssyyyt aMtMvaracc ti---ettaaoila ay oiSEWsppRnoni ntlnIee neareMna tMpe gcCMtesMaeeeatounaraitrmianrinairlinicianstntnegitne tcnnh&teenceetgnt neaniMeananannagncnccicecnyeeetenance $ 1116 1111 00555650025 ,,,,,,,,,,, 00000000050 00000000000 -- $ --- - --- - -- - - - $ 1 23 3 23 23 55 1,,,,,,,,,,577155027005500205500000500000 - - - $ 1 23 3 23 2 55 13,,,,,,,,,,577155002705500200550000500000 - - - $ 1 11 111 110 6 455055056584 ,,,,,,,,,,,, 000000000000 - Total Field Operations $ 163,500 $ - $ 4 3,125 $ 4 3,125 $ 282,000 TOTAL EXPENDITURES $ 265,625 $ 5 6,126 $ 6 2,424 $ 118,550 $ 384,125 EXCESS REVENUES (EXPENDITURES) $ - $ (15) $ 1 5 $ - $ - Bella Tara Community Development District Adopted Budget General Fund Page 1 Bella Tara Community Development District Adopted Budget General Fund Product Assessable Units Total Gross Assessment Total Net Assessment FY27 Gross Per Unit FY27 Net Per Unit Special Assessments-On Roll Phase STSiionnwggllneeh FF1oaa:mmmeii ll2yy2 35'40'' 111311803 $$$ 1 506257,,,048749324...966172 $$$ 956631,,,377467393...049679 $$$ 936091796...007197 $$$ 853577295...571964 Subtotal 361 $ 2 25,411.19 $ 2 11,886.52 Special Assessments-Direct Phase 3: TSionwglneh Foammei l2y2 3'4' 17468 $$ 4569,,807644..5707 $$ 4545,,056220..0838 $$ 631969..7079 $$ 537795..7164 Unplatted Lots 1247 $ 77,293.15 $ 72,655.56 $ 61.98 $ 58.26 Subtotal 1471 $ 1 83,232.42 $ 1 72,238.48 Total 1832 $ 4 08,643.62 $ 3 84,125.00 Page 2 Arbitrage Information Technology TheDistrictprocessesallofitsfinancialactivities,i.e.accountspayable,financialstatements,etc.by GMS-CF, LLC. onamainframecomputerleased Assessment Administration dReebptr eseservnitcsec coosstt aosfs tohcei aDteisdtrwicitt. h GaMnSn-uCaFll syelrevveysi nags tahned AcsosellsescmtioenntN Aodnm-AindisVtraalotorre.mAssessmentsutilizedtofundtheoperatingand Dissemination Agent rTehpeoDrtiisntrgi crteqisurireeqmuiernedtsb foyrt huen-Sreactuerdi tbyoanndd isEsxucehsa. n GgMeCSo-CmFm seisrsvieosn atso tchoem DpilsysewmitihnaRtuiolen 1A5g(ecn)(t.2)-12(b)(5),whichrelatestoadditional Trustee Fees fTirhme Dtois ptreircfto irsm re tqhuei rceadu ltaot ihoanv.e an annual arbitrage calculation on District bonds. The District will contract with an independent CPA Annual Audit aTthteenDdiasntrciec tahnads pcroenptarraacttieodn fwoirt hmKonutthalky mRoecektinLgLsP, raesvileewga olpceoruantisnegl w& hmoawinitlelnbaenpcero cvoindtirnagctgse, neetcr.allegalservicestotheDistrict,i.e. Website Administration PuseerfCuhl awpetbesri2te0s1 r4e-g2a2r,dLianwg sCoomfFploliraindcae, aisllsuDeisst. r Tichtsism wuesbtshitaev weaillw beeb msiateinttoaipnreodv ibdye GdMetSa-iCleFd, iLnLfCor amnadt uiopndoatnetdh meoCnDtDhlays.wellaslinksto Telephone The District is required annually to conduct an audit of its financial records by an Independent Certified Public Accounting Firm. aTnhneuDails ftereic.tplanstoissueSpecialAssessmentbondswhichareheldandadministeredbyaTrustee. Thisrepresentsthetrustee Management Fees The District receives Management, Accounting and Administrative services as part of a Management Agreement with GMS-CF, LLC. Developer Contributions Bella Tara Community Development District Budget Narrative Fiscal Year 2027 REVENUES The District will entering into a Funding Agreement with the Developer to fund all operations of the District Expenditures - Administrative oTpheeraDtiisntgri ectxpweinlldilteuvryesa dNuroinn-gA tdheV Failsocraelm Yeaasrs.essmentonallsoldandplattedparcelswithintheDistrictinordertopayforthe Special Assessments-On Roll Engineering Fees TmhoentDhilsyt rbioctarhda smeenetgianggesd, raenvieewng iinnveoeircetos, eptrco.videgeneralengineeringservicestotheDistrict,i.e.attendanceandpreparationfor Attorney Fees Telephone and fax machine. Postage & Delivery Mailing of agenda packages, overnight deliveries, correspondence, etc. Insurance General Liability iTnhseurDainsctrei ccto'sveGreangee rtaol gLoivaebrilnitmye&ntPalu abgliecnOcifefisc. i aTlhseL aiamboiluitnyt Iisn sbuarsaendc ueppoonl isciymiislawr Citohmamquunailtiyfi eDdeveenltoiptymtehnatt Dsipsetrciicatlsiz.esinproviding Page 3 Bella Tara Community Development District Budget Narrative Fiscal Year 2027 Miscellaneous office supplies TheDistrictisrequiredtopayanannualfeetotheFloridaCommerce for$175.ThisistheonlyexpenseunderthiscategoryforthDistrict. e Dues, Licenses & Subscriptions Printing & Binding Printing and Binding agenda packages for board meetings, printing of computerized checks, stationary, envelopes etc Expenditures - Field Field Management Office Supplies cTihrceuDlaitsitornic.tisrequiredtoadvertisevariousnoticesformonthlyBoardmeetings,publichearingsetcinanewspaperofgeneral Legal Advertising Expenditures - Administrative (continued) Other Current Charges This includes monthly bank charges and any other miscellaneous expenses that incur during the year. Represents the onsite management, contract admin and field services. Landscape Maintenance tTrheee Dprisutnriinctg.willenterintoacontracttomaintainlandscapingforPhase1to includeturfmaintenance,horticulturalservices,and Cost of possible bush hogging of lakes and additional maintenance as needed. General Repairs & Maintenance Utility - Electric Electric for monument signage and irrigation controllers. Utility - Water The estimated cost of water. Utility - Streetlighting The District anticipates installing streetlights on the District Right-of-Way. Landscape Contingency Reserves For future improvements. Property Insurance aTgheenDciiesstr. iTcht'es aPmroopuenrtt yisI bnasuserdan ucpeopno sliimcyiliasrw Ciotmhmaquunaitlyif iDeedveenlotiptmyethnat tDsipsterciicatlsi.zesinprovidinginsurancecoveragetogovernmental 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. Irrigation Maintenance The District will repair sprinkler heads and other irrigation equipment that can be potentially damaged. Pond Maintenance Estimated cost of aquatic treatment as needed for 8 stormwater ponds. Lift Station Maintenance The District will have a contract to monitor and maintain the sewage lift station. Page 4 Description PFBrYou2pd0og2see6td Ac6tu/a3l0s/ T2h6ru Pro3j eMctoendt hNsext Pro9je/c3t0e/d2 T6hru AFBdYuo2dp0gt2eet7d REVENUES: SSICnppateererccryiieaa Fsll toAA Irssnwssceeaossrmssdmme Seeunnrttpssl--uDOsnir eRcotl Blill $ 4 6 7 56 734 ,,, 672 899 447 - $ 6 46 44 ,, 72 99 47 - - $ 4 7 9 ,, 06 08 04 - - $ 4 6 7 56 734 ,,, 672 899 447 - $ 5 5 487 396000,,,,960270000604 TOTAL REVENUES $ 1,195,775 $ 709,091 $ 486,684 $ 1,195,775 $ 1,677,779 EXPENDITURES: Series 2025 AA1 IIPnnrttieenrrceeipsstta l-- -15 51//1/11 $ 1 48757,,766864 - $ 1 48757,,766864 - $ - - - $ 1 48757,,766864 - $ 24 4077577,,,066088044 TOTAL EXPENDITURES $ 663,450 $ 663,451 $ - $ 663,451 $ 1,160,369 Other Sources/(Uses) Transfer in/(Out) $ (42,121) $ (31,621) $ (10,500) $ (42,121) $ - TOTAL OTHER SOURCES/(USES) $ (42,121) $ (31,621) $ (10,500) $ (42,121) $ - EXCESS REVENUES (EXPENDITURES) $ 490,204 $ 14,019 $ 476,184 $ 490,204 $ 517,411 11/2027 Interest $ 472,559 Product Assessable Units Total Gross Assessment Total Net Assessment FY27 Gross Per Unit FY27 Net Per Unit Special Assessments-On Roll Phase 1: TSSiionnwggllneeh FFoaammmeii ll2yy2 35'40'' 111311803 $$$ 212191247,,,363777799...812603 $$$ 112980924,,,693393586...134958 $$$ 111,,,579362893...987711 $$$ 111,,,468460638...662239 Subtotal 361 $ 624,436.19 $ 586,970.02 Special Assessments-Direct Bill Phase 1: SSiinnggllee FFaammiillyy 5304'' 111130 $$ 1 5562,,040883..9230 $$ 1 4469,,363448..2319 $$ 1 , 348707..6112 $$ 1 , 249478..7479 Phase 3: TSionwglneh Foammei l2y2 3'4' 17468 $$ 212770,,776677..5464 $$ 211640,,150211..5319 $$ 12,,523486..9974 $$ 12,,414162..6132 Subtotal 224 $ 607,027.13 $ 570,605.50 Total 585 ######### ######### Bella Tara Community Development District Approved Proposed Budget Debt Service Series 2025 (Assessment Area One Project) Page 5 Period Outstanding Balance Coupons Principal Interest Annual Debt Service 11/01/25 16,000,000 $ 5.000% - $ 185,766 $ 185,766 $ 05/01/26 16,000,000 5.000% - 477,684 11/01/26 16,000,000 5.000% 477,684 955,369 05/01/27 16,000,000 5.000% 205,000 477,684 11/01/27 15,795,000 5.000% 472,559 1,155,244 05/01/28 15,795,000 5.000% 215,000 472,559 11/01/28 15,580,000 5.000% 467,184 1,154,744 05/01/29 15,580,000 5.000% 225,000 467,184 11/01/29 15,355,000 5.000% 461,559 1,153,744 05/01/30 15,355,000 5.000% 240,000 461,559 11/01/30 15,115,000 5.875% 455,559 1,157,119 05/01/31 15,115,000 5.875% 250,000 455,559 11/01/31 14,865,000 5.875% 448,216 1,153,775 05/01/32 14,865,000 5.875% 265,000 448,216 11/01/32 14,600,000 5.875% 440,431 1,153,647 05/01/33 14,600,000 5.875% 285,000 440,431 11/01/33 14,315,000 5.875% 432,059 1,157,491 05/01/34 14,315,000 5.875% 300,000 432,059 11/01/34 14,015,000 5.875% 423,247 1,155,306 05/01/35 14,015,000 5.875% 320,000 423,247 11/01/35 13,695,000 5.875% 413,847 1,157,094 05/01/36 13,695,000 5.875% 335,000 413,847 11/01/36 13,360,000 5.875% 404,006 1,152,853 05/01/37 13,360,000 5.875% 360,000 404,006 11/01/37 13,000,000 5.875% 393,431 1,157,438 05/01/38 13,000,000 5.875% 380,000 393,431 11/01/38 12,620,000 5.875% 382,269 1,155,700 05/01/39 12,620,000 5.875% 400,000 382,269 11/01/39 12,220,000 5.875% 370,519 1,152,788 05/01/40 12,220,000 5.875% 425,000 370,519 11/01/40 11,795,000 5.875% 358,034 1,153,553 05/01/41 11,795,000 5.875% 450,000 358,034 11/01/41 11,345,000 5.875% 344,816 1,152,850 05/01/42 11,345,000 5.875% 480,000 344,816 11/01/42 10,865,000 5.875% 330,716 1,155,531 05/01/43 10,865,000 5.875% 510,000 330,716 11/01/43 10,355,000 5.875% 315,734 1,156,450 05/01/44 10,355,000 5.875% 540,000 315,734 11/01/44 9,815,000 5.875% 299,872 1,155,606 05/01/45 9,815,000 5.875% 570,000 299,872 11/01/45 9,245,000 6.125% 283,128 1,153,000 05/01/46 9,245,000 6.125% 610,000 283,128 11/01/46 8,635,000 6.125% 264,447 1,157,575 05/01/47 8,635,000 6.125% 645,000 264,447 11/01/47 7,990,000 6.125% 244,694 1,154,141 05/01/48 7,990,000 6.125% 685,000 244,694 11/01/48 7,305,000 6.125% 223,716 1,153,409 05/01/49 7,305,000 6.125% 730,000 223,716 11/01/49 6,575,000 6.125% 201,359 1,155,075 05/01/50 6,575,000 6.125% 775,000 201,359 11/01/50 5,800,000 6.125% 177,625 1,153,984 05/01/51 5,800,000 6.125% 825,000 177,625 11/01/51 4,975,000 6.125% 152,359 1,154,984 05/01/52 4,975,000 6.125% 875,000 152,359 11/01/52 4,100,000 6.125% 125,563 1,152,922 05/01/53 4,100,000 6.125% 935,000 125,563 11/01/53 3,165,000 6.125% 96,928 1,157,491 05/01/54 3,165,000 6.125% 990,000 96,928 11/01/54 2,175,000 6.125% 66,609 1,153,538 05/01/55 2,175,000 6.125% 1,055,000 66,609 11/01/55 1,120,000 6.125% 34,300 1,155,909 05/01/56 1,120,000 6.125% 1,120,000 34,300 1,154,300 Total 16,000,000 $ 19,788,394 $ 35,788,394 $ Bella Tara Community Development District AMORTIZATION SCHEDULE Debt Service Series 2025 (Assessment Area One Project) Page 6 Description PFBrYou2pd0og2see6td Ac6tu/a3l0s/ T2h6ru Pro3j eMctoendt hNsext Pro9je/c3t0e/d2 T6hru AFBdYuo2dp0gt2eet7d REVENUES: ISCnpaterercryiea Fsl toA Irsnwsceaosrmsdme Beanlatsn-cDeirect $ 9 53 22 ,, 48 55 95 - $ 9 43 62 ,, 48 55 95 - $ 6 , 0 0 - - $ 9 53 22 ,, 48 55 95 - $ 9 41 21170,,,053016048 TOTAL REVENUES $ 985,314 $ 979,314 $ 6,000 $ 985,314 $ 1,348,883 EXPENDITURES: Series 2025 MI IIPnnrttieenrrceeipsstta l-- -15 51//1/11 $ 1 35910,,606070 - $ 1 35910,,606070 - $ - - - $ 1 35910,,606070 - $ 13 3399050,,,000000000 TOTAL EXPENDITURES $ 541,667 $ 541,667 $ - $ 541,667 $ 915,000 Other Sources/(Uses) Interfund Transfer Out $ (33,278) $ (24,878) $ (8,400) $ (33,278) $ - TOTAL OTHER SOURCES/(USES) $ (33,278) $ (24,878) $ (8,400) $ (33,278) $ - EXCESS REVENUES (EXPENDITURES) $ 410,368 $ 412,768 $ (2,400) $ 410,368 $ 433,883 11/2027 Interest $ 385,613 Product Assessable Units Total Gross Assessment Total Net Assessment FY27 Gross Per Unit FY27 Net Per Unit TSSSiiionnnwggglllneeeh FFFoaaammmmeiii lll2yyy2 355'400''' (School) 745146025520 $$$$ 223 54891241,,,,015979019564....92900500 $$$$ 223 83266671,,,,306491639536....11546149 $$$$ 735763265705....90895255 $$$$ 734711819699....98699009 Total 1832 $ 969,696.05 $ 911,514.29 Bella Tara Community Development District Approved Proposed Budget Debt Service Series 2025 (Master Infrastructure) Page 7 1010101010100101001101001101010101010101010101010101101010100115151515151551515151515511515151515151515151515151511515151515P/////////////////////////////////////////////////////////////e00000000000000000000000000000000000000000000000000000000000000r111111111111111111111111111111111111111111111111111111111111i11//////////////////////////////////////////////////////////////d3333443344335445533443355442255442255442255332255332443344334455446633552264455113300442299331188220077119966008859977886677 $ O u B t s 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 11 1a 1 1tl0000 6701 7711 1 7811 2 1 8811 23 8911 33 9912 34 9922 45 992 550 9 5600 66aa,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,nn4668168015 80259 82473945473757240778280380583600156901691261426dc24455955588538883106817802672082526085660285600122501728078209ei0555005000005005055500050500050005550050050000050505550050000n,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,00000000000000000000000000000000000000000000000000000000000000g000000000000000000000000000000000000000000000000000000 0000000000000000000000000000000000000000000000000000000000000000000000 Coup66666666666666666666666666666666666666666666666666666666666666..........................................................o....55555555555555555555555555555555555555555555555555555555555555n00000000000000000000000000000000000000000000000000000000000000s0000000000000000000000000000000000000000000000000000000000000%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%% $ P r i n c 2 2 4 1 4 1 8 4 1 8 3 1 7 3 1 7 3 1 6 3 1 6 2 5 2 5 2 5 2 4i p 216938807286755234813399765249 a 500505055500550505005505505500 l 000000000000000000000000000000 -- $ I n t e r 33 33 22 33 22 33 22 33 22 33 22 33 1 22 33 11 23 33 11 33 33 11 331 11 33 12 33 22e344513553456 24567 255777 8 578780 88988020989240199461256823083301s58252729265986905581906051306403405464405663400662314602t140817,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, 69793417336113546185864084860911469121206292600295662458456845566827285702315012316012206002602016602010602000326633560355020335558050580303583303550300530503330503030500083578803080005 $ A n S eu r a v l 9 9 9 9 9 9 9 9 9 9 9 9 9 9 9 9 9 9 9 9 9 9 7 9 91 9 9 9 9 9 9i Dc00000011010110001101008015101000ee89689800916106971080870811080989b,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,78972689038029755436180116649596t50126066175162621221620386713 02100353033350335353553350887538053 Total $ 12,000,000 $ 16,212,517 $ 28,212,517 Bella Tara Community Development District AMORTIZATION SCHEDULE Debt Service Series 2025 (Master Infrastructure) Page 8 Neighborhood EOR&UMs BUAonAni1tds BUoMnniAtdss FY 2027 FY 2026 Variance FY 2027 FY 2026 Variance FY 2027 FY 2026 Variance FY 2027 On Roll Townhome 22' 138 138 745 $399.09 $0.00 $399.09 $1,538.97 $0.00 $1,538.97 $337.02 $0.00 $337.02 $2,275.08 Single Family 34' 110 110 465 $616.77 $0.00 $616.77 $1,769.81 $0.00 $1,769.81 $520.85 $0.00 $520.85 $2,907.43 Single Family 50' 113 113 502 $907.01 $0.00 $907.01 $1,923.71 $0.00 $1,923.71 $765.95 $0.00 $765.95 $3,596.67 Single Family 50' (School) 0 0 120 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $765.95 $0.00 $765.95 $765.95 Direct Billed- Phase 1 Townhome 22' 0 0 0 $399.09 $0.00 $399.09 $1,538.97 $0.00 $1,538.97 $0.00 $0.00 $0.00 $1,938.06 Single Family 34' 0 110 0 $616.77 $0.00 $616.77 $477.12 $0.00 $477.12 $0.00 $0.00 $0.00 $1,093.89 Single Family 50' 0 113 0 $0.00 $0.00 $0.00 $1,380.61 $0.00 $1,380.61 $0.00 $0.00 $0.00 $1,380.61 Direct Billed- Phase 3 Townhome 22' 148 148 0 $399.09 $0.00 $399.09 $1,538.97 $0.00 $1,538.97 $0.00 $0.00 $0.00 $1,938.06 Single Family 34' 76 76 0 $616.77 $0.00 $616.77 $2,246.94 $0.00 $2,246.94 $0.00 $0.00 $0.00 $2,863.71 Unplatted 1247 0 0 $61.98 $0.00 $61.98 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $61.98 Total 1832 585 1832 Bella Tara Community Development District Non-Ad Valorem Assessments Comparison 2026-2027 Gross AAnsnsuesasl mMeanintstenance Gross Annua2l0 D2e5bAtA A1ssessments - Gross Annua2l 0D2e5bMt AAssessments - APseTsroe Utsasnle idt Page 9