Storey Creek
Community Development District

Proposed Budget FY2027

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	Proposed
Budget	
FY2026	4/30/26	5 Months	9/30/26	FY2027	

Revenues:		
Special Assessments - Tax Roll	$	852,893	$	840,525	$	12,368	$	852,892	$	852,893	
Interest	12,000	15,291	9,250	24,541	18,000	
Carry Forward Surplus	-	-	-	-	59,921	
Total Revenues	$	864,893	$	855,816	$	21,618	$	877,434	$	930,815	

Expenditures:						
Administrative:						
Supervisor Fees	$	12,000	$	3,200	$	4,000	$	7,200	$	12,000	
FICA Expense	918	245	306	551	918	
Engineering Fees	10,000	3,652	3,848	7,500	10,000	
Attorney	15,000	3,164	4,336	7,500	15,000	
Arbitrage	1,350	1,800	-	1,800	1,350	
Dissemination	11,176	6,519	4,657	11,176	11,735	
Dissemination - DTS	2,500	750	1,500	2,250	2,500	
Annual Audit	3,650	-	3,650	3,650	3,800	
Trustee Fees	13,303	8,681	4,434	13,115	13,303	
Assessment Administration	8,111	8,111	-	8,111	8,517	
Management Fees	43,775	25,535	18,240	43,775	45,964	
Information Technology	1,947	1,136	811	1,947	2,044	
Website Maintenance	1,298	757	541	1,298	1,363	
Telephone	75	-	25	25	75	
Postage	600	177	123	300	600	
Printing & Binding	200	8	92	100	200	
Insurance	7,778	6,857	-	6,857	7,543	
Legal Advertising	2,000	-	2,000	2,000	2,000	
Other Current Charges	650	338	300	638	650	
Office Supplies	100	1	49	50	100	
Property Appraiser Fee	500	907	-	907	950	
Property Taxes	100	-	-	-	10	
Dues, Licenses & Subscriptions	175	175	-	175	175	
Total Administrative:	$	137,206	$	72,013	$	48,912	$	120,925	$	140,796	

Adopted
Budget	Actual
Thru	Projected
Next	Total
Projected	Proposed
Budget	
FY2026	4/30/26	5 Months	9/30/26	FY2027	

Operations & Maintenance		
Field Services	$	17,886	$	10,434	$	7,453	$	17,886	$	18,780	
Property Insurance	4,615	3,785	-	3,785	4,615	
Electric	4,000	308	225	533	4,000	
Streetlights	127,690	67,581	49,736	117,317	127,690	
Water & Sewer	41,050	21,275	18,000	39,275	41,050	
Landscape Maintenance	424,200	242,302	173,073	415,374	418,374	
Landscape Contingency	15,000	7,040	7,960	15,000	40,000	
Lake Maintenance	30,192	17,612	12,580	30,192	31,092	
Lake Contingency	1,500	-	750	750	1,500	
Irrigation Repairs	5,000	1,260	1,740	3,000	5,000	
Doggie Station Maintenance	5,000	2,950	1,250	4,200	5,000	
Repairs & Maintenance	5,000	4,070	930	5,000	5,000	
Walls, Entry & Monuments	2,500	830	420	1,250	2,500	
Contingency	2,028	-	1,000	1,000	2,028	
Total Operations & Maintenance:	$	685,661	$	379,445	$	275,116	$	654,561	$	706,629	
Reserves						
Capital Reserve Transfer	$	42,026	$	42,026	$	-	$	42,026	$	83,389	
Total Reserves	$	42,026	$	42,026	$	-	$	42,026	$	83,389	
						
Total Expenditures	$	864,893	$	493,484	$	324,028	$	817,512	$	930,815	
						
Excess Revenues (Expenditures)	$	-	$	362,332	$	(302,410)	$	59,921	$	-	

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%	$237,447	$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 FY2026	Gross Per
Unit FY2027	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 assesan;e property within the District in order to fund all operating and maintenance expenditures during the fiscal year.These assessments are billed on tax bills.

Interest

The District will invest surplus funds with State Board of Administration.

EXPENDITURES:

Administrative:

Supervisor Fees

Chapter 190 of the Florida Statutes allows for each member of the Board of Supervisors to be compensated $200 per meeting, not to exceed $4,800 per year to each Supervisor for the time devoted to District business and meetings. The amount is based on 5 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 board meetings, review of invoices, 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 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.

Bond Series	Annual	
2019 Special Assessment	$450
2022 Special Assessment	$450
2024 Special Assessment	$450	
Total	$1,350	

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

The District incurs charges for mailing of agenda packages, overnight deliveries, checks for vendors and other required correspondence.

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 Board meetings, public hearings, etc in a newspaper of general circulation.

Other Current Charges

Represents any miscellaneous expenses incurred during the year such as bank fees, deposit slips, stop payments, etc.

Office Supplies

The District incurs charges for office supplies that need to be purchased during the fiscal year.

Property Appraiser Fee

Represents a annual 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

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.

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 two accounts 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. The District currently has the following accounts with Toho Water Authority.

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 Twisted 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. The District has contracted with Frank Polly Sod & Landscape for this service.

Description	Monthly	Annual	
Landscape Maintenance	$34,865	$418,374	
Total		$418,374	

Landscape Contingency

Represents estimated costs for any additional landscape expenses such as installation of annual plant replacement, mulch, tree replacement and any other landscape expenses not covered under the monthly landscape contract.

Lake Maintenance

Represents costs for maintenance to 11 ponds located within the District. Services include shoreline grass and brush control, floating and submersed vegetation control, additional treatments as required and a monthly report for all waterways treated. The District has contracted with Applied Aquatic Management, Inc. for this service.

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 supplies and repairs to the irrigation system maintained by the District.

Doggie Station Maintenance

Represents cost for supplies, maintaining and emptying the dogipot stations located within the District. The District has contracted with Frank Polly Sod & Landscape for this service.

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

Repairs & Maintenance

Represents estimated costs for any repairs and maintenance to common areas maintained by the District.

Walls, Entry & Monuments

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

Contingency

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

Transfer Out – Capital Reserve

Represents proposed amount to transfer to the Capital Reserve fund.

Storey Creek
Community Development District Proposed Budget
FY2027
Capital Reserve Fund

Adopted
Budget	Actual
Thru	Projected
Next	Total
Projected	Proposed
Budget	
FY2026	4/30/26	5 Months	9/30/26	FY2027	

Revenues:		
Transfer In	$	42,026	$	42,026	$	-	$	42,026	$	83,389	
Interest	5,000	38		625	663	1,200	
Total Revenues	$	47,026	$	42,064	$	625	$	42,689	$	84,589	

Expenditures:							
Contingency	$	500	$	-	$	250	$	250	$	500	
Capital Outlay	-	-		-	-	-	
Total Expenditures	$	500	$	-	$	250	$	250	$	500	
							
Excess Revenues (Expenditures)	$	46,526	$	42,064	$	375	$	42,439	$	84,089	
							
Fund Balance - Beginning	$	-	$	-	$	-	$	-	$	42,439	
							
Fund Balance - Ending	$	46,526	$	42,064	$	375	$	42,439	$	126,528	

Storey Creek
Community Development District Proposed Budget
FY2027
Debt Service Fund Series 2019

Adopted
Budget	Actual
Thru	Projected
Next	Total
Projected	Proposed
Budget	
FY2026	4/30/26	5 Months	9/30/26	FY2027	

Revenues:		
Special Assessments	$	491,331	$	484,121	$	7,123	$	491,244	$	491,331.25	
Interest	29,750	16,693	11,250	27,943	24,000	
Carry Forward Surplus	468,580	428,218	-	428,218	462,045	
Total Revenues	$	989,661	$	929,031	$	18,373	$	947,405	$	977,376	

Expenditures:						
Series 2019
Interest - 12/15	

$	151,625	

$	151,625	

$	-	

$	151,625	

$	148,734	
Principal - 12/15	185,000	185,000	-	185,000	190,000	
Interest - 06/15	148,734	-	148,734	148,734	145,291	
Total Expenditures	$	485,359	$	336,625	$	148,734	$	485,359	$	484,025	
						
Excess Revenues (Expenditures)	$	504,302	$	592,406	$	(130,361)	$	462,045	$	493,351	

Principal - 12/15/2027	

$200,000	
				Interest - 12/15/2027	$145,291	
				Total	$345,291	
				
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	

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		$	7,410,000	$	4,340,931	$ 11,750,931.25	

Storey Creek
Community Development District Proposed Budget
FY2027
Debt Service Fund Series 2022

Adopted
Budget	Actual
Thru	Projected
Next	Total
Projected	Proposed
Budget	
FY2026	4/30/26	5 Months	9/30/26	FY2027	

Revenues:		
Special Assessments	$	411,766	$	405,795	$	5,971	$	411,766	$	411,766	
Interest	21,000	11,339	8,500	19,839	21,000	
Carry Forward Surplus	206,747	192,885	-	192,885	202,109	
Total Revenues	$	639,513	$	610,019	$	14,471	$	624,490	$	634,875	

Expenditures:						
Series 2022
Interest - 12/15	

$	154,191	

$	154,191	

$	-	

$	154,191	

$	151,933	
Principal - 06/15	105,000	-	105,000	105,000	110,000	
Interest - 06/15	154,191	-	154,191	154,191	151,933	
Total Expenditures	$	413,381	$	154,191	$	259,191	$	413,381	$	413,866	

Other Sources/(Uses)						
Transfer In/(Out)	$	(9,000)	$	-	$	(9,000)	$	(9,000)	$	(9,000)	
Total Other Financing Sources (Uses)	$	(9,000)	$	-	$	(9,000)	$	(9,000)	$	(9,000)	
						
Excess Revenues (Expenditures)	$	217,132	$	455,828	$	(253,720)	$	202,109	$	212,009	

Interest - 12/15/2027	

$149,568	
				Total	$149,568	
				
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	

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  $	5,190,212  $	11,075,212	

Storey Creek
Community Development District Proposed Budget
FY2027
Debt Service Fund Series 2024

Adopted
Budget	Actual
Thru	Projected
Next	Total
Projected	Proposed
Budget	
FY2026	4/30/26	5 Months	9/30/26	FY2027	

Revenues:		
Special Assessments	$	323,852	$	319,157	$	4,696	$	323,853	$	323,852	
Interest	8,000	7,389	5,450	12,839	8,000	
Carry Forward Surplus	134,327	137,120	-	137,120	144,339	
Total Revenues	$	466,179	$	463,666	$	10,146	$	473,812	$	476,191	

Expenditures:						
Series 2024
Interest - 12/15	

$	124,470	

$	124,470	

$	-	

$	124,470	

$	122,801	
Principal - 06/15	75,000	-	75,000	75,000	75,000	
Interest - 06/15	124,470	-	124,470	124,470	122,801	
Total Expenditures	$	323,940	$	124,470	$	199,470	$	323,940	$	320,603	

Other Sources/(Uses)						
Transfer In/(Out)	$	(6,000)	$	(3,132)	$	(2,400)	$	(5,532)	$	(4,800)	
Total Other Financing Sources (Uses)	$	(6,000)	$	(3,132)	$	(2,400)	$	(5,532)	$	(4,800)	
						
Excess Revenues (Expenditures)	$	136,239	$	336,063	$	(191,724)	$	144,339	$	150,789	

Interest - 12/15/2027	

$121,133	
				Total	$121,133	
				
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