Storey Creek
Community  Development  District

Adopted Budget FY2026

Table of Contents

1-4	General Fund	

5-11	

General Fund Narrative	

12	

Capital Reserve Fund	

13	

Debt Service Fund Series 2019	

14	

Amortization Schedule Series 2019	

15	

Debt Service Fund Series 2022	

16	

Amortization Schedule Series 2022	

17	

Debt Service Fund Series 2024	

18	

Amortization Schedule Series 2024	

Adopted
Budget	Actual
Thru	Projected
Next	Total
Projected	Adopted
Budget	
FY2025	7/31/25	2 Months	9/30/25	FY2026	

Revenues:		
Special Assessments - Tax Roll	$	852,893	$	856,413	$	-	$	856,413	$	852,893	
Interest	12,000	19,039	3,500	22,539	12,000	
Carry Forward Surplus	22,820	-	-	-	-	
Total Revenues	$	887,713	$	875,452	$	3,500	$	878,952	$	864,893	

Expenditures:						
Administrative:						
Supervisor Fees	$	12,000	$	4,000	$	2,000	$	6,000	$	12,000	
FICA Expense	918	306	153	459	918	
Engineering Fees	12,000	3,275	1,750	5,025	10,000	
Attorney	25,000	4,598	2,502	7,100	15,000	
Arbitrage	1,350	450	900	1,350	1,350	
Dissemination	10,850	9,392	1,808	11,200	11,176	
Dissemination - DTS	-	2,500	-	2,500	2,500	
Annual Audit	5,610	3,500	3,500	7,000	3,650	
Trustee Fees	12,150	12,318	-	12,318	13,303	
Assessment Administration	7,875	7,875	-	7,875	8,111	
Management Fees	42,500	35,417	7,083	42,500	43,775	
Information Technology	1,890	1,575	315	1,890	1,947	
Website Maintenance	1,260	1,050	210	1,260	1,298	
Telephone	150	-	25	25	75	
Postage	500	323	52	375	600	
Printing & Binding	600	4	31	35	200	
Insurance	6,651	6,469	-	6,469	7,778	
Legal Advertising	2,000	754	1,246	2,000	2,000	
Other Current Charges	600	523	120	643	650	
Office Supplies	100	9	42	51	100	
Property Appraiser Fee	500	340	-	340	500	
Property Taxes	100	1	-	1	100	
Dues, Licenses & Subscriptions	175	175	-	175	175	
Total Administrative:	$	144,779	$	94,855	$	21,737	$	116,592	$	137,206	

Adopted
Budget	Actual
Thru	Projected
Next	Total
Projected	Adopted
Budget	
FY2025	7/31/25	2 Months	9/30/25	FY2026	

Operations & Maintenance		
Field Services	$	17,365	$	14,471	$	2,894	$	17,365	$	17,886	
Property Insurance	4,251	4,273	-	4,273	4,615	
Electric	4,000	842	85	927	4,000	
Streetlights	194,000	90,387	18,275	108,662	127,690	
Water & Sewer	39,600	33,090	5,000	38,090	41,050	
Landscape Maintenance	418,374	331,045	69,729	400,774	424,200	
Landscape Contingency	15,000	1,550	3,450	5,000	15,000	
Lake Maintenance	29,316	24,430	4,886	29,316	30,192	
Lake Contingency	1,500	-	375	375	1,500	
Irrigation Repairs	5,000	3,025	975	4,000	5,000	
Doggie Station Maintenance	5,000	5,475	500	5,975	5,000	
Repairs & Maintenance	5,000	1,730	770	2,500	5,000	
Walls, Entry & Monuments	2,500	1,435	-	1,435	2,500	
Contingency	2,028	-	1,000	1,000	2,028	
Hurricane Expenses	-	17,360	-	17,360	-	
Total Operations & Maintenance:	$	742,934	$	529,113	$	107,939	$	637,052	$	685,661	
Reserves						
Capital Reserve Transfer	$	-	$	-	$	-	$	-	$	42,026	
Total Reserves	$	-	$	-	$	-	$	-	$	42,026	
						
Total Expenditures	$	887,713	$	623,967	$	129,677	$	753,644	$	864,893	
						
Excess Revenues (Expenditures)	$	-	$	251,485	$	(126,177)	$	125,308	$	-	

Net Assessment	$852,893	
Collection Cost (6%)	$54,440	
Gross Assessment	$907,333	

Property Type	Units	ERU Factor	Total ERUs	% of Total ERUs	Gross Total	Gross Per Unit	
Single Family 40'	126	1.00	126	9.99%	$90,661	$719.53	
Single Family 50'	264	1.25	330	26.17%	$237,446	$899.42	
Single Family 60'	31	1.50	47	3.69%	$33,458	$1,079.30	
Total	421		503	39.85%	$361,566		
		
Assessment Area Two				
Property Type	Units	ERU Factor	Total ERUs	% of Total ERUs	Gross Total	Gross Per Unit	
Single Family 40'	70	1.00	70	5.55%	$50,367	$719.53	
Single Family 50'	152	1.25	190	15.07%	$136,712	$899.42	
Single Family 60'	85	1.50	128	10.11%	$91,741	$1,079.30	
Single Family 70'	22	1.75	39	3.05%	$27,702	$1,259.19	
Total	329		426	33.78%	$306,522		
		
Assessment Area Three				
Property Type	Units	ERU Factor	Total ERUs	% of Total ERUs	Gross Total	Gross Per Unit	
Single Family 40'	160	1.00	160	12.69%	$115,126	$719.53	
Single Family 50'	138	1.25	173	13.68%	$124,120	$899.42	
Total	298		333	26.37%	$239,245		
		
Combined Assessments				
Property Type	Units	ERU Factor	Total ERUs	% of Total ERUs	Gross Total	Gross Per Unit	
Single Family 40'	356	1.00	356	28.23%	$256,154	$719.53	
Single Family 50'	554	1.25	693	54.92%	$498,278	$899.42	
Single Family 60'	116	1.50	174	13.80%	$125,199	$1,079.30	
Single Family 70'	22	1.75	39	3.05%	$27,702	$1,259.19	
Total	1048		1261	100.00%	$907,333		

Property Type	Units	ERU Factor	Total ERUs	% of Total ERUs	Gross Total	Gross Per Unit	
Single Family 40'	126	1.00	126	9.99%	$90,661	$719.53	
Single Family 50'	264	1.25	330	26.17%	$237,446	$899.42	
Single Family 60'	31	1.50	47	3.69%	$33,458	$1,079.30	
Single Family 60'	0	1.75	0	0.00%	$0	$0.00	
Total	421		503	39.85%	$361,566		

Assessment Area Two

Property Type	Units	ERU Factor	Total ERUs	% of Total ERUs	Gross Total	Gross Per Unit	
Single Family 40'	70	1.00	70	5.55%	$50,367	$719.53	
Single Family 50'	152	1.25	190	15.07%	$136,712	$899.42	
Single Family 60'	85	1.50	128	10.11%	$91,741	$1,079.30	
Single Family 70'	22	1.75	39	3.05%	$27,702	$1,259.19	
Total	329		426	33.78%	$306,522		

Assessment Area Three

Property Type	Units	ERU Factor	Total ERUs	% of Total ERUs	Gross Total	Gross Per Unit	
Single Family 40'	160	1.00	160	12.69%	$115,126	$719.53	
Single Family 50'	138	1.25	173	13.68%	$124,120	$899.42	
Total	298		333	26.37%	$239,245		

Combined Assessments

Property Type	Units	ERU Factor	Total ERUs	% of Total ERUs	Gross Total	Gross Per Unit	
Single Family 40'	356	1.00	356	28.23%	$256,154	$719.53	
Single Family 50'	554	1.25	693	54.92%	$498,278	$899.42	
Single Family 60'	116	1.50	174	13.80%	$125,199	$1,079.30	
Single Family 70'	22	1.75	39	3.05%	$27,702	$1,259.19	
Total	1048		1261	100.00%	$907,333		

Assessment Comparison

Property Type	Gross Per
Unit FY2025	Gross Per
Unit FY2026	Gross Increase
Per Unit	
% Increase	
Single Family 40'	$719.53	$719.53	$0.00	0.00%	
Single Family 50'	$899.42	$899.42	$0.00	0.00%	
Single Family 60'	$1,079.30	$1,079.30	$0.00	0.00%	
Single Family 70'	$1,259.19	$1,259.19	$0.00	0.00%	
Total					

REVENUES:

Special Assessments

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

Interest

The District generates funds from invested funds.

EXPENDITURES:

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. The amount is based on 4 supervisors attending 12 meetings during the fiscal year.

FICA Expense

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

Engineering Fees

The District's engineer, Boyd Civil Engineering, will be providing general engineering services to the District, e.g. attendance and preparation for monthly board meetings, review of invoices and requisitions, preparation and review of contract specifications and bid documents, and various projects assigned as directed by the Board of Supervisors and the District Manager.

Attorney

The District's legal counsel, Latham, Luna, Eden & Beaudine, LLP, will be providing general legal services to the District, e.g. attendance and preparation for monthly meetings, preparation and review of agreements and resolutions, and other research assigned as directed by the Board of Supervisors and the District Manager.

Arbitrage

The District will contract with an independent certified public accountant to annually calculate the District’s Arbitrage Rebate Liability on the Series 2019 Special Assessment Bonds (Area One Project), the Series 2022 Special Assessment Bonds (Area Two Project) and the Series 2024 Special Assessment Bonds (Area Three Project). The District has contracted with AMTEC Corporation for this service.

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. The District has contracted with Governmental Management Services-Central Florida, LLC for this service on Series 2019 Special Assessment Bonds (Area One Project), Series 2022 Special Assessment Bonds (Area Two Project) and Series 2024 Special Assessment Bonds (Area Three Project).

Dissemination - DTS

The District has contracted with Dissemination Technical Services (DTS) to utilize their software to meet the bond reporting requirements in the Continuing Disclosure Agreement(s) for each bond series issued by the District.

Annual Audit

The District is required by Florida Statutes to arrange for an independent audit of its financial records on an annual basis. The District has contracted with DiBartolomeo, McBee, Hartley & Barnes for this service.

Trustee Fees

The District will pay annual trustee fees for the Series 2019 Special Assessment Bonds (Area One Project, the Series 2022 Special Assessment Bonds (Area Two Project) and the Series 2024 Special Assessment Bonds (Area Three Project) that are deposited with a Trustee at USBank.

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.

Management Fees

The District has contracted with Governmental Management Services-Central Florida, LLC to provide Management, Accounting and Recording Secretary Services for the District. The services include, but not limited to, recording and transcription of board meetings, budget preparation, all financial reporting, annual audit, etc.

Information Technology

The District has contracted with Governmental Management Services-Central Florida, LLC for costs related to District’s information systems, which include but are not limited to video conferencing services, cloud storage services and servers, positive pay implementation and programming for fraud protection, accounting software, tablets for meetings, Adobe, Microsoft Office, etc.

Website Maintenance

The District has contracted with Governmental Management Services-Central Florida, LLC for costs 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.

Telephone

Telephone and fax machine.

Postage

Mailing of agenda packages, overnight deliveries, correspondence, etc.

Printing & Binding

Printing and Binding agenda packages for board meetings, printing of computerized checks, stationary, envelopes etc.

Insurance

The District’s general liability and public officials liability insurance coverage is provided by Florida Insurance Alliance (FIA). FIA specializes in providing insurance coverage to governmental agencies.

Legal Advertising

The District is required to advertise various notices for monthly Board meetings, public hearings, etc in a newspaper of general circulation.

Other Current Charges

Bank charges and any other miscellaneous expenses incurred during the year.

Office Supplies

Miscellaneous office supplies.

Property Appraiser Fee

Represents a fee charged by Osceola County Property Appraiser’s office for assessment administration services.

Property Taxes

Represents estimated fees charged by Osceola County Tax Collector Office for all assessable property within the District.

Dues, Licenses & Subscriptions

The District is required to pay an annual fee to the Florida Department of Commerce for $175. This is the only expense under this category for the District.

Operations & Maintenance:

Field Services

The District has contracted with Governmental Management Services-Central Florida, LLC for 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.

Property Insurance

Represents estimated costs for the annual coverage of property insurance. Coverage will be provided by Florida Insurance Alliance (FIA). FIA specializes in providing insurance coverage to governmental agencies.

Electric

Represents cost of electric services for items such as monument, irrigation meters, etc. District currently has one account with Kissimmee Utility Authority.

Account #	Description	Monthly	Annual	
002380417-				
123479770	44981 Storey Creek Blvd Monu/Irrg	$50	$600	
002380417-				
123644281	20981 Pleasant Hill Road Sign/Clock	$30	$360	
	Contingency		$3,040	
Total			$4,000	

Streetlights

Represents cost for streetlight services maintained by the District. The District currently has one account with Kissimmee Utility Authority with two more areas set to come online within the next fiscal year.

Account #	Description	Monthly	Annual	
002380417-123469510	Streetlights - Qty. 344	$9,577	$114,924	
	21 Teardrop Fixtures (Remaining)	$585	$7,020	
	Contingency		$5,746	
Total			$127,690	

Water & Sewer

Represents estimated costs for water services for areas within the District.

Account #	Description	Monthly	Annual	
002659896-				
033228349	4400 Storey Creek Boulevard ODD	$100	$1,200	
002659896-				
033415209	4100 Babbling Brook Way	$35	$420	
002659896-				
033415219	4200 Babbling Brook Way	$40	$480	
002659896-				
033419569	1900 EVEN Cricket Cradle Drive	$40	$480	
002659896-				
033419649	4400 Even Storey Creek Blvd Mtr 2	$2,500	$30,000	
002659896-				
033419669	1900 ODD Birnham Wood Bend	$65	$780	
002659896-				
033453769	4200 ODD Patterson Cove	$120	$1,440	
002659896-				
033495349	4300 Even Green Gables Place	$30	$360	
002659896-				
033503451	2300 Even Amorie Drive RM	$40	$480	
002659896-				
033503681	4300 Even Twisted Twig Bend RM	$45	$540	
002659896-				
033503701	4400 ODD Twisted Twig Bend RM	$55	$660	
002659896-	4300 Even Trwisted Twig w/ Dog			
033507381	Station	$25	$300	
002735425-				
033419579	4300 Even Green Gables Place	$15	$180	
	Contingency		$3,730	
Total			$41,050	

Landscape Maintenance

The District will maintain the landscaping within the common areas, Phases 1, 2A, 2B, 3, 4, 5, 6 & Nature Park, of the District after installation of landscape material has been completed.

Description	Monthly	Annual	
Landscape Maintenance	$35,350	$424,200	
Total		$424,200	

Landscape Contingency

Represents estimated costs for any additional landscape expenses not covered under the monthly landscape maintenance contract.

Lake Maintenance

Represents costs to maintain one large stormwater pond. Amount based on proposal from Applied Aquatic Management, Inc. for initial start-up, monthly maintenance and as needed clean- up/treatments. Additional ponds expected to come on line in current fiscal year.

Description	Monthly	Annual	
Pond Maintenance			
Pond 1	$613	$7,356	
Pond 2	$179	$2,148	
Pond 3A	$50	$600	
Pond 3B	$79	$948	
Pond 3C	$50	$600	
Pond 3D	$294	$3,528	
Pond 4A	$438	$5,256	
Pond 4B	$67	$804	
Pond 5	$97	$1,164	
Pond 6	$113	$1,356	
Pond 7	$536	$6,432	
Total		$30,192	

Lake Contingency

Represents estimated costs for any additional lake expenses not covered under the monthly lake maintenance contract.

Irrigation Repairs

Represents estimated costs for any repairs to the irrigation system.

Doggie Station Maintenance

Represents cost for supplies, maintaining and emptying the dogipot stations located within the District. Two additional dogipot stations expected to be installed in current fiscal year.

Description	Monthly	Annual	
Dogipot Station Maintenance	$250	$3,000	
Contingency/Supplies		$2,000	
Total		$5,000	

Repairs & Maintenance

Represents general repairs and maintenance costs that are not budgeted under any other budgeted line item.

Walls, Entry & Monuments

Represents any costs for repairs or maintenance to the walls, entry and monuments.

Contingency

Represents any additional field expense that may not have been provided for in the budget.

Transfer Out – Capital Reserve

Represents excess funds at fiscal year end transferred to the Capital Reserve fund.

Storey Creek
Community Development District Adopted Budget
FY2026
Capital Reserve Fund

Adopted
Budget	Actual
Thru	Projected
Next	Total
Projected	Adopted
Budget	
FY2025	7/31/25	2 Months	9/30/25	FY2026	

Revenues:		
Transfer In	$	-	$	-	$	-	$	-	$	42,026	
Interest		-	-	-	-	5,000	
Total Revenues	$	-	$	-	$	-	$	-	$	47,026	

Expenditures:						
Contingency Capital Outlay	$	-	$
-	-	$
-	-	$
-	-	$	500
-	-	
Total Expenditures	$	-	$	-	$	-	$	-	$	500	
						
Excess Revenues (Expenditures)	$	-	$	-	$	-	$	-	$	46,526	
						
Fund Balance - Beginning	$	-	$	-	$	-	$	-	$	-	
						
Fund Balance - Ending	$	-	$	-	$	-	$	-	$	46,526	

Storey Creek
Community Development District Adopted Budget
FY2026
Debt Service Fund Series 2019

Adopted
Budget	Actual
Thru	Projected
Next	Total
Projected	Adopted
Budget	
FY2025	7/31/25	2 Months	9/30/25	FY2026	

Revenues:		
Special Assessments	$	491,331	$	493,272	$	-	$	493,272	$	491,331	
Interest	29,750	28,003	5,150	33,153	29,750	
Carry Forward Surplus	423,701	428,218	-	428,218	468,580	
Total Revenues	$	944,782	$	949,493	$	5,150	$	954,643	$	989,661	

Expenditures:						
Series 2019
Interest - 12/15	

$	154,438	

$	154,438	

$	-	

$	154,438	

$	151,625	
Principal - 12/15	180,000	180,000	-	180,000	185,000	
Interest - 06/15	151,625	151,625	-	151,625	148,734	
Total Expenditures	$	486,063	$	486,063	$	-	$	486,063	$	485,359	
						
Excess Revenues (Expenditures)	$	458,720	$	463,430	$	5,150	$	468,580	$	504,302	

Principal - 12/15/2026	

$190,000	
				Interest - 12/15/2026	$148,734	
				Total	$338,734	
				
Net Assessment	
$491,331	
				Collection Cost (6%)	$31,362	
				Gross Assessment	$522,693	
						
		Property Type	Units	Gross Per Unit	Gross Total	
		Single Family 40'	126	$1,040	$131,063	
		Single Family 50'	264	$1,300	$343,262	
		Single Family 60'	31	$1,560	$48,368	
		Total	421		$522,693	

Storey Creek
Series 2019, Special Assessment Bonds (Area One Project) (Term Bonds Combined)

Amortization Schedule

Date	Balance	Principal		Interest		Annual	
							
12/15/25	$  7,595,000	$	185,000	$	151,625.00	$	488,250.00	
6/15/26	$  7,410,000	$	-	$	148,734.38	$	-	
12/15/26	$  7,410,000	$	190,000	$	148,734.38	$	487,468.75	
6/15/27	$  7,220,000	$	-	$	145,290.63	$	-	
12/15/27	$  7,220,000	$	200,000	$	145,290.63	$	490,581.25	
6/15/28	$  7,020,000	$	-	$	141,665.63	$	-	
12/15/28	$  7,020,000	$	205,000	$	141,665.63	$	488,331.25	
6/15/29	$  6,815,000	$	-	$	137,950.00	$	-	
12/15/29	$  6,815,000	$	215,000	$	137,950.00	$	490,900.00	
6/15/30	$  6,600,000	$	-	$	134,053.13	$	-	
12/15/30	$  6,600,000	$	220,000	$	134,053.13	$	488,106.25	
6/15/31	$  6,380,000	$	-	$	130,065.63	$	-	
12/15/31	$  6,380,000	$	230,000	$	130,065.63	$	490,131.25	
6/15/32	$  6,150,000	$	-	$	125,465.63	$	-	
12/15/32	$  6,150,000	$	240,000	$	125,465.63	$	490,931.25	
6/15/33	$  5,910,000	$	-	$	120,665.63	$	-	
12/15/33	$  5,910,000	$	250,000	$	120,665.63	$	491,331.25	
6/15/34	$  5,660,000	$	-	$	115,665.63	$	-	
12/15/34	$  5,660,000	$	260,000	$	115,665.63	$	491,331.25	
6/15/35	$  5,400,000	$	-	$	110,465.63	$	-	
12/15/35	$  5,400,000	$	270,000	$	110,465.63	$	490,931.25	
6/15/36	$  5,130,000	$	-	$	105,065.63	$	-	
12/15/36	$  5,130,000	$	280,000	$	105,065.63	$	490,131.25	
6/15/37	$  4,850,000	$	-	$	99,465.63	$	-	
12/15/37	$  4,850,000	$	290,000	$	99,465.63	$	488,931.25	
6/15/38	$  4,560,000	$	-	$	93,665.63	$	-	
12/15/38	$  4,560,000	$	300,000	$	93,665.63	$	487,331.25	
6/15/39	$  4,260,000	$	-	$	87,665.63	$	-	
12/15/39	$  4,260,000	$	315,000	$	87,665.63	$	490,331.25	
6/15/40	$  3,945,000	$	-	$	81,365.63	$	-	
12/15/40	$  3,945,000	$	325,000	$	81,365.63	$	487,731.25	
6/15/41	$  3,620,000	$	-	$	74,662.50	$	-	
12/15/41	$  3,620,000	$	340,000	$	74,662.50	$	489,325.00	
6/15/42	$  3,280,000	$	-	$	67,650.00	$	-	
12/15/42	$  3,280,000	$	355,000	$	67,650.00	$	490,300.00	
6/15/43	$  2,925,000	$	-	$	60,328.13	$	-	
12/15/43	$  2,925,000	$	370,000	$	60,328.13	$	490,656.25	
6/15/44	$  2,555,000	$	-	$	52,696.88	$	-	
12/15/44	$  2,555,000	$	385,000	$	52,696.88	$	490,393.75	
6/15/45	$  2,170,000	$	-	$	44,756.25	$	-	
12/15/45	$  2,170,000	$	400,000	$	44,756.25	$	489,512.50	
6/15/46	$  1,770,000	$	-	$	36,506.25	$	-	
12/15/46	$  1,770,000	$	415,000	$	36,506.25	$	488,012.50	
6/15/47	$  1,355,000	$	-	$	27,946.88	$	-	
12/15/47	$  1,355,000	$	435,000	$	27,946.88	$	490,893.75	
6/15/48	$	920,000	$	-	$	18,975.00	$	-	
12/15/48	$	920,000	$	450,000	$	18,975.00	$	487,950.00	
6/15/49	$	470,000	$	-	$	9,693.75	$	-	
12/15/49	$	470,000	$	470,000	$	9,693.75	$	489,387.50	
Totals		$	7,595,000	$	4,492,556	$ 12,087,556.25	

Storey Creek
Community Development District Adopted Budget
FY2026
Debt Service Fund Series 2022

Adopted
Budget	Actual
Thru	Projected
Next	Total
Projected	Adopted
Budget	
FY2025	7/31/25	2 Months	9/30/25	FY2026	

Revenues:		
Special Assessments	$	411,766	$	413,466	$	-	$	413,466	$	411,766	
Interest	21,000	19,924	3,000	22,924	21,000	
Carry Forward Surplus	200,403	192,885	-	192,885	206,747	
Total Revenues	$	633,169	$	626,275	$	3,000	$	629,275	$	639,513	

Expenditures:						
Series 2022
Interest - 12/15	

$	156,341	

$	156,341	

$	-	

$	156,341	

$	154,191	
Principal - 06/15	100,000	100,000	-	100,000	105,000	
Interest - 06/15	156,341	156,341	-	156,341	154,191	
Total Expenditures	$	412,681	$	412,681	$	-	$	412,681	$	413,381	

Other Sources/(Uses)						
Transfer In/(Out)	$	-	$	(9,847)	$	-	$	(9,847)	$	(9,000)	
Total Other Financing Sources (Uses)	$	-	$	(9,847)	$	-	$	(9,847)	$	(9,000)	
						
Excess Revenues (Expenditures)	$	220,488	$	203,747	$	3,000	$	206,747	$	217,132	

Interest - 12/15/2026	

$151,933	
				Total	$151,933	
				
Net Assessment	
$411,766	
				Collection Cost (6%)	$26,283	
				Gross Assessment	$438,049	
						
		Property Type	Units	Gross Per Unit	Gross Total	
		Single Family 40'	70	$1,043	$72,997	
		Single Family 50'	152	$1,304	$198,134	
		Single Family 60'	85	$1,560	$132,599	
		Single Family 70'	22	1559.99	$34,320	
		Total	329		$438,049	

Storey Creek
Series 2022, Special Assessment Bonds (Area Two Project) (Term Bonds Combined)

Amortization Schedule

Date	Balance	Principal	Interest	Annual	
					
12/15/25	$ 5,885,000	$	-	$	154,190.63  $	154,190.63	
6/15/26	$ 5,885,000	$	105,000  $	154,190.63  $	-	
12/15/26	$ 5,780,000	$	-	$	151,933.13  $	411,123.75	
6/15/27	$ 5,780,000	$	110,000  $	151,933.13  $	-	
12/15/27	$ 5,670,000	$	-	$	149,568.13  $	411,501.25	
6/15/28	$ 5,670,000	$	115,000  $	149,568.13  $	-	
12/15/28	$ 5,555,000	$	-	$	146,693.13  $	411,261.25	
6/15/29	$ 5,555,000	$	120,000  $	146,693.13  $	-	
12/15/29	$ 5,435,000	$	-	$	143,693.13  $	410,386.25	
6/15/30	$ 5,435,000	$	125,000  $	143,693.13  $	-	
12/15/30	$ 5,310,000	$	-	$	140,568.13  $	409,261.25	
6/15/31	$ 5,310,000	$	130,000  $	140,568.13  $	-	
12/15/31	$ 5,180,000	$	-	$	137,318.13  $	407,886.25	
6/15/32	$ 5,180,000	$	140,000  $	137,318.13  $	-	
12/15/32	$ 5,040,000	$	-	$	133,818.13  $	411,136.25	
6/15/33	$ 5,040,000	$	145,000  $	133,818.13  $	-	
12/15/33	$ 4,895,000	$	-	$	130,048.13  $	408,866.25	
6/15/34	$ 4,895,000	$	155,000  $	130,048.13  $	-	
12/15/34	$ 4,740,000	$	-	$	126,018.13  $	411,066.25	
6/15/35	$ 4,740,000	$	160,000  $	126,018.13  $	-	
12/15/35	$ 4,580,000	$	-	$	121,858.13  $	407,876.25	
6/15/36	$ 4,580,000	$	170,000  $	121,858.13  $	-	
12/15/36	$ 4,410,000	$	-	$	117,438.13  $	409,296.25	
6/15/37	$ 4,410,000	$	180,000  $	117,438.13  $	-	
12/15/37	$ 4,230,000	$	-	$	112,758.13  $	410,196.25	
6/15/38	$ 4,230,000	$	190,000  $	112,758.13  $	-	
12/15/38	$ 4,040,000	$	-	$	107,818.13  $	410,576.25	
6/15/39	$ 4,040,000	$	200,000  $	107,818.13  $	-	
12/15/39	$ 3,840,000	$	-	$	102,618.13  $	410,436.25	
6/15/40	$ 3,840,000	$	210,000  $	102,618.13  $	-	
12/15/40	$ 3,630,000	$	-	$	97,158.13  $	409,776.25	
6/15/41	$ 3,630,000	$	220,000  $	97,158.13  $	-	
12/15/41	$ 3,410,000	$	-	$	91,438.13  $	408,596.25	
6/15/42	$ 3,410,000	$	235,000  $	91,438.13  $	-	
12/15/42	$ 3,175,000	$	-	$	85,328.13  $	411,766.25	
6/15/43	$ 3,175,000	$	245,000  $	85,328.13  $	-	
12/15/43	$ 2,930,000	$	-	$	78,743.75  $	409,071.88	
6/15/44	$ 2,930,000	$	260,000  $	78,743.75  $	-	
12/15/44	$ 2,670,000	$	-	$	71,756.25  $	410,500.00	
6/15/45	$ 2,670,000	$	275,000  $	71,756.25  $	-	
12/15/45	$ 2,395,000	$	-	$	64,365.63  $	411,121.88	
6/15/46	$ 2,395,000	$	290,000  $	64,365.63  $	-	
12/15/46	$ 2,105,000	$	-	$	56,571.88  $	410,937.50	
6/15/47	$ 2,105,000	$	305,000  $	56,571.88  $	-	
12/15/47	$ 1,800,000	$	-	$	48,375.00  $	409,946.88	
6/15/48	$ 1,800,000	$	320,000  $	48,375.00  $	-	
12/15/48	$ 1,480,000	$	-	$	39,775.00  $	408,150.00	
6/15/49	$ 1,480,000	$	340,000  $	39,775.00  $	-	
12/15/49	$ 1,140,000	$	-	$	30,637.50  $	410,412.50	
6/15/50	$ 1,140,000	$	360,000  $	30,637.50  $	-	
12/15/50	$	780,000	$	-	$	20,962.50  $	411,600.00	
6/15/51	$	780,000	$	380,000  $	20,962.50  $	-	
12/15/51	$	400,000	$	-	$	10,750.00  $	411,712.50	
6/15/52	$	400,000	$	400,000  $	10,750.00  $	410,750.00	
Totals		$	5,885,000  $	5,344,403  $	11,229,403	

Storey Creek
Community Development District Adopted Budget
FY2026
Debt Service Fund Series 2024

Adopted
Budget	Actual
Thru	Projected
Next	Total
Projected	Adopted
Budget	
FY2025	7/31/25	2 Months	9/30/25	FY2026	

Revenues:		
Special Assessments	$	325,812	$	325,189	$	-	$	325,189	$	323,852	
Interest	8,000	13,562	2,400	15,962	8,000	
Carry Forward Surplus	130,320	157,698	-	157,698	134,327	
Total Revenues	$	464,132	$	496,450	$	2,400	$	498,850	$	466,179	

Expenditures:						
Series 2024
Interest - 12/15	

$	126,978	

$	126,978	

$	-	

$	126,978	

$	124,470	
Special Call - 12/15	-	30,000	-	30,000	-	
Principal - 06/15	70,000	70,000	-	70,000	75,000	
Interest - 06/15	126,978	126,165	-	126,165	124,470	
Special Call - 05/01	-	5,000	-	5,000	-	
Total Expenditures	$	323,955	$	358,143	$	-	$	358,143	$	323,940	

Other Sources/(Uses)						
Transfer In/(Out)	$	(7,500)	$	(5,381)	$	(1,000)	$	(6,381)	$	(6,000)	
Total Other Financing Sources (Uses)	$	(7,500)	$	(5,381)	$	(1,000)	$	(6,381)	$	(6,000)	
						
Excess Revenues (Expenditures)	$	132,677	$	132,927	$	1,400	$	134,327	$	136,239	

Interest - 12/15/2026	

$122,801	
				Total	$122,801	
				
Net Assessment	
$323,852	
				Collection Cost (6%)	$20,671	
				Gross Assessment	$344,523	
						
		Property Type	Units	Gross Per Unit	Gross Total	
		Single Family 40'	158	$1,042	$164,704	
		Single Family 50'	138	$1,303	$179,820	
		Total	296		$344,523	

Storey Creek
Series 2024, Special Assessment Bonds (Area Three Project) (Term Bonds Combined)

Amortization Schedule

Date	Balance	Principal	Interest	Annual	
					
12/15/25	$ 4,700,000	$	-	$	124,470.00  $	124,470.00	
6/15/26	$ 4,700,000	$	75,000  $	124,470.00  $	-	
12/15/26	$ 4,625,000	$	-	$	122,801.25  $	322,271.25	
6/15/27	$ 4,625,000	$	75,000  $	122,801.25  $	-	
12/15/27	$ 4,550,000	$	-	$	121,132.50  $	318,933.75	
6/15/28	$ 4,550,000	$	80,000  $	121,132.50  $	-	
12/15/28	$ 4,470,000	$	-	$	119,352.50  $	320,485.00	
6/15/29	$ 4,470,000	$	85,000  $	119,352.50  $	-	
12/15/29	$ 4,385,000	$	-	$	117,461.25  $	321,813.75	
6/15/30	$ 4,385,000	$	90,000  $	117,461.25  $	-	
12/15/30	$ 4,295,000	$	-	$	115,458.75  $	322,920.00	
6/15/31	$ 4,295,000	$	90,000  $	115,458.75  $	-	
12/15/31	$ 4,205,000	$	-	$	113,456.25  $	318,915.00	
6/15/32	$ 4,205,000	$	95,000  $	113,456.25  $	-	
12/15/32	$ 4,110,000	$	-	$	110,962.50  $	319,418.75	
6/15/33	$ 4,110,000	$	100,000  $	110,962.50  $	-	
12/15/33	$ 4,010,000	$	-	$	108,337.50  $	319,300.00	
6/15/34	$ 4,010,000	$	105,000  $	108,337.50  $	-	
12/15/34	$ 3,905,000	$	-	$	105,581.25  $	318,918.75	
6/15/35	$ 3,905,000	$	115,000  $	105,581.25  $	-	
12/15/35	$ 3,790,000	$	-	$	102,562.50  $	323,143.75	
6/15/36	$ 3,790,000	$	120,000  $	102,562.50  $	-	
12/15/36	$ 3,670,000	$	-	$	99,412.50  $	321,975.00	
6/15/37	$ 3,670,000	$	125,000  $	99,412.50  $	-	
12/15/37	$ 3,545,000	$	-	$	96,131.25  $	320,543.75	
6/15/38	$ 3,545,000	$	130,000  $	96,131.25  $	-	
12/15/38	$ 3,415,000	$	-	$	92,718.75  $	318,850.00	
6/15/39	$ 3,415,000	$	140,000  $	92,718.75  $	-	
12/15/39	$ 3,275,000	$	-	$	89,043.75  $	321,762.50	
6/15/40	$ 3,275,000	$	145,000  $	89,043.75  $	-	
12/15/40	$ 3,130,000	$	-	$	85,237.50  $	319,281.25	
6/15/41	$ 3,130,000	$	155,000  $	85,237.50  $	-	
12/15/41	$ 2,975,000	$	-	$	81,168.75  $	321,406.25	
6/15/42	$ 2,975,000	$	165,000  $	81,168.75  $	-	
12/15/42	$ 2,810,000	$	-	$	76,837.50  $	323,006.25	
6/15/43	$ 2,810,000	$	170,000  $	76,837.50  $	-	
12/15/43	$ 2,640,000	$	-	$	72,375.00  $	319,212.50	
6/15/44	$ 2,640,000	$	180,000  $	72,375.00  $	-	
12/15/44	$ 2,460,000	$	-	$	67,650.00  $	320,025.00	
6/15/45	$ 2,460,000	$	190,000  $	67,650.00  $	-	
12/15/45	$ 2,270,000	$	-	$	62,425.00  $	320,075.00	
6/15/46	$ 2,270,000	$	200,000  $	62,425.00  $	-	
12/15/46	$ 2,070,000	$	-	$	56,925.00  $	319,350.00	
6/15/47	$ 2,070,000	$	210,000  $	56,925.00  $	-	
12/15/47	$ 1,860,000	$	-	$	51,150.00  $	318,075.00	
6/15/48	$ 1,860,000	$	225,000  $	51,150.00  $	-	
12/15/48	$ 1,635,000	$	-	$	44,962.50  $	321,112.50	
6/15/49	$ 1,635,000	$	235,000  $	44,962.50  $	-	
12/15/49	$ 1,400,000	$	-	$	38,500.00  $	318,462.50	
6/15/50	$ 1,400,000	$	250,000  $	38,500.00  $	-	
12/15/50	$ 1,150,000	$	-	$	31,625.00  $	320,125.00	
6/15/51	$ 1,150,000	$	265,000  $	31,625.00  $	-	
12/15/51	$	885,000	$	-	$	24,337.50  $	320,962.50	
6/15/52	$	885,000	$	280,000  $	24,337.50  $	-	
12/15/52	$	605,000	$	-	$	16,637.50  $	320,975.00	
6/15/53	$	605,000	$	295,000  $	16,637.50  $	-	
12/15/53	$	310,000	$	-	$	8,525.00  $	320,162.50	
6/15/54	$	310,000	$	310,000  $	8,525.00  $	318,525.00	
Totals		$	4,700,000  $	4,714,478  $	9,414,478