Fontainbleau Lakes Community Development District

Amended Final Budget For Fiscal Year 2024/2025
October 1, 2024 - September 30, 2025

CONTENTS

I

AMENDED FINAL OPERATING FUND BUDGET

II

AMENDED FINAL MAINTENANCE BUDGET

III

AMENDED FINAL DEBT SERVICE FUND BUDGET

AMENDED FINAL BUDGET
FONTAINBLEAU LAKES COMMUNITY DEVELOPMENT DISTRICT OPERATING FUND
FISCAL YEAR 2024/2025 OCTOBER 1, 2024 - SEPTEMBER 30, 2025

Notes
Fund Balance Includes Perimeter Fence Reserve ($258,000). And Capital Reserve ($100,000 - N-75% & S-25%).
Funds Will Be Addded To The Capital Reserve Fund On 10-1-25.
Carryover from prior year of $16,300 was used to reduce Fiscal Year 2024/2025 Assessments.
$24,400 of Fund Balance to be used to reduce 2025/2026 Assessments.

I

10/6/2025 1:46 PM

$624,935

$61,832

$686,767

FUND BALANCE AS OF 9/30/24

FY 2024/2025 ACTIVITY

FUND BALANCE AS OF 9/30/25

REVENUES

FISCAL YEAR 2024/2025 BUDGET 10/1/24 - 9/30/25

AMENDED FINAL BUDGET
10/1/24 - 9/30/25

YEAR TO DATE ACTUAL
10/1/24 - 9/29/25

Administrative Assessments

92,775

95,925

95,925

Maintenance Assessments

478,723

478,726

478,726

Debt Assessments

463,915

463,915

463,915

Other Revenues

0

2,900

2,900

Interest Income

600

23,452

23,452

TOTAL REVENUES

$	1,036,013

$	1,064,918

$	1,064,918

EXPENDITURES

ADMINISTRATIVE ASSESSMENTS

Supervisor Fees

3,000

1,200

1,200

Payroll Taxes (Employer)

230

92

92

Management

32,904

32,904

32,904

Secretarial & Field Operations

6,300

6,300

6,300

Legal

15,000

29,200

27,162

Assessment Roll

10,000

10,000

10,000

Audit Fees

3,400

3,400

3,400

Arbitrage Rebate Fee

650

650

650

Insurance

23,000

22,952

22,952

Legal Advertisements

2,500

3,900

2,817

Miscellaneous

2,200

2,000

1,604

Postage

600

220

193

Office Supplies

800

475

407

Dues & Subscriptions

175

175

175

Trustee Fee

3,250

3,250

3,250

Continuing Disclosure Fee

350

350

350

Website Management

1,750

1,750

1,750

TOTAL ADMINISTRATIVE EXPENDITURES

$	106,109

$	118,818

$	115,206

TOTAL MAINTENANCE EXPENDITURES

$	448,000

$	394,560

360,196

TOTAL EXPENDITURES

$	554,109

$	513,378

$	475,402

REVENUES LESS EXPENDITURES

$	481,904

$	551,540

$	589,516

BOND PAYMENTS

(436,080)

(442,994)

(442,994)

BALANCE

$	45,824

$	108,546

$	146,522

COUNTY APPRAISER & TAX COLLECTOR FEE

(20,708)

(10,003)

(10,003)

DISCOUNTS FOR EARLY PAYMENTS

(41,416)

(36,711)

(36,711)

EXCESS/ (SHORTFALL)

$	(16,300)

$	61,832

$	99,808

CARRYOVER FROM PRIOR YEAR

16,300

16,300

0

NET EXCESS/ (SHORTFALL)

$	-

$	78,132

$	99,808

AMENDED FINAL BUDGET
FONTAINBLEAU LAKES COMMUNITY DEVELOPMENT DISTRICT OPERATING FUND
MAINTENANCE EXPENDITURES FISCAL YEAR 2024/2025
OCTOBER 1, 2024 - SEPTEMBER 30, 2025

Notes
Available Capital Improvement Funds As Of 9/30/25: Las Ramblas: $75,000 - Las Sevillas: $25,000 - To Be Increased In October 2025.
Available Perimeter Fence Funds As Of 9/30/25: $258,000.

II

10/6/2025 1:46 PM

MAINTENANCE EXPENDITURES

FISCAL YEAR 2024/2025 BUDGET 10/1/24 - 9/30/25

AMENDED FINAL BUDGET
10/1/24 - 9/30/25

YEAR TO DATE ACTUAL
10/1/24 - 9/29/25

Engineering/Annual Report/Inspections

4,000

4,500

4,337

Lake Tract Aquatic Maintenance (Includes Parcel 1)

14,000

10,320

10,320

Annual Landscape & Irrigation Maintenance

110,000

135,000

127,093

Landscaping Upkeep

40,000

13,000

7,700

Irrigation Systems Maintenance (North & South)

10,000

8,100

4,101

Community Lighting Upkeep (North & South)

15,000

29,000

27,066

FP&L - Power - Street Lighting (North & South)

18,000

20,754

20,754

FP&L - Power - Irrigation Pump Stations (North & South)

3,000

2,367

2,367

FP&L - Power - Lift Stations (North & South)

5,000

3,727

3,727

Roadways & Street Maintenance (North & South)

35,000

29,000

23,139

Fountain Maintenance (Tract A)

3,000

8,000

6,785

Entrance/Exit Gate Maintenance/Repairs (North & South)

10,000

35,000

33,849

Hurricane Preparedness/Miscellaneous

12,000

2,000

0

Lift Station Maintenance (North & South)

25,000

42,000

38,173

Miscellaneous Improvements (North & South) - (Cameras, etc.)

42,000

50,000

48,993

Dumpster Rental

0

0

0

AT&T Wireless (Hot Spot)

2,000

1,792

1,792

Capital Improvements Fund - Las Ramblas (North)

75,000

0

0

Capital Improvements Fund - Las Sevillas (South)

25,000

0

0

Perimeter Fence

0

0

0

TOTAL MAINTENANCE EXPENDITURES

$	448,000

$	394,560

$	360,196

AMENDED FINAL BUDGET
FONTAINBLEAU LAKES COMMUNITY DEVELOPMENT DISTRICT DEBT SERVICE FUND
FISCAL YEAR 2024/2025 OCTOBER 1, 2024 - SEPTEMBER 30, 2025

Notes
Bond Reserve Fund Balance = $262,986*. Bond Revenue Fund Balance = $372,021*. Revenue Fund Balance To Be Used To Make 11/1/25 Interest Payment Of $87,441.
* Approximate Amounts

Series 2016 Bond Refunding Information

Original Par Amount = Interest Rate =
Issue Date = Maturity Date =

$6,430,000 2.00% - 4.125%
October 2016
May 2038

Annual Principal Payments Due: May 1st
Annual Interest Payments Due: May 1st & November 1st

Par Amount As Of 9/30/25 =

$4,355,000

III

10/6/2025 1:46 PM

$602,407

$32,600

$635,007

FUND BALANCE AS OF 9/30/24

FY 2024/2025 ACTIVITY

FUND BALANCE AS OF 9/30/25

REVENUES

FISCAL YEAR 2024/2025 BUDGET 10/1/24 - 9/30/25

AMENDED FINAL BUDGET
10/1/24 - 9/30/25

YEAR TO DATE ACTUAL
10/1/24 - 9/29/25

Interest Income

500

26,500

26,351

NAV Tax Collection

436,080

442,994

442,994

Total Revenues

$	436,580

$	469,494

$	469,345

EXPENDITURES

Principal Payments

255,000

255,000

255,000

Interest Payments

178,388

181,894

181,894

Bond Redemption

3,192

0

0

Total Expenditures

$	436,580

$	436,894

$	436,894

Excess/ (Shortfall)

$	-

$	32,600

$	32,451