Riverwalk Community Development District Proposed Budget FY2025 1-2 3-6 7 8-9 Table of Contents General Fund General Fund Narrative Debt Service Fund - Series 2024 Series 2024 Amortization Schedule Riverwalk Community Development District Proposed Budget General Fund Adopted Actuals Projected Description FBYu2d0g2e4t 3/T3h1r/u24 6 MNoenxtths 9Pr/To3jh0erc/ut2e4d PFBrYou2pd0ogs2ee5td Revenues AADssessveeesslssommpeeennr ttCss o-- nTDtairrxiebcuttions $$$ 111004379,,,147346113 $$$ 11 201226,,,055338138 $$$ 2307,,37 -2608 $$$ 11 404369,,,245346136 $$$ 224533,, 19 -3646 Total Revenues $ 360,335 $ 241,151 $ 58,089 $ 299,239 $ 497,100 Expenditures General & Administrative IISFLCCPETTTAAAAODDMWnnIeuontrsnrreooifuaCtfsefssabugsplpngooniueneseAbtivacsirreiteautssrsapetniee lrnm,rEsmegain a g ahlsAetLvmSeeen xeglaegPieiiodu y pnA cscetme&eFeMrnivpeeoennauioere eernnpaDnt cnetd rDni sigFilssAoe tienieTteeiitenl dssestFieesie vmme&ncsnehegi arSsnnynuioscblteosr cgarytii pontions $$$$$$$$$$$$$$$$$$$$$ 11124 11124455500235 ,,,,,,,,,,,,,, 123455900000255800000000155700000000400000000005800000000200000 $$$$$$$$$$$$$$$$$$$$$ 2 25550 ,,,,, 126900220 ---------- 1005700270 16000500090 $$$$$$$$$$$$$$$$$$$$$ 2 456660 ,,,,,, 000011112345690 ------000000000005550000000000000090 $$$$$$$$$$$$$$$$$$$$$ 14 1145556801 ,,,,,,,,,, 111112450000022258 ---001555570000000027000015690000000009 $$$$$$$$$$$$$$$$$$$$$ 11124 01112223445555 ,,,,,,,,,,,,,, 000050000122234555789000000000000145556779000000000000000002558 Total Administrative Expenditures $ 133,135 $ 39,441 $ 50,459 $ 89,900 $ 136,310 1 Riverwalk Community Development District Proposed Budget General Fund Adopted Actuals Projected Description FBYu2d0g2e4t 3/T3h1r/u24 6 MNoenxtths 9Pr/To3jh0erc/ut2e4d PFBrYou2pd0ogs2ee5td Operations Field Management 15,000 $ 7,500 $ 7,500 $ 15,000 $ 15,750 $ Property Insurance 8,000 $ - $ 8,000 $ 8,000 $ 8,000 $ Electric 2,500 $ 46,311 $ 48,000 $ 94,311 $ 25,000 $ Electric - Fountain - $ - $ - $ - $ 71,040 $ Streetlights 54,000 $ 6,963 $ 6,966 $ 13,929 $ 54,000 $ Water & Sewer 9,500 $ - $ 4,750 $ 4,750 $ 9,500 $ Landscape Maintenance 85,000 $ - $ 42,500 $ 42,500 $ 97,000 $ Landscape Contingencies 12,500 $ - $ 6,250 $ 6,250 $ 20,000 $ Irrigation Repairs 5,500 $ - $ 2,750 $ 2,750 $ 5,500 $ Lake Maintenance 12,500 $ 4,650 $ 3,600 $ 8,250 $ 12,500 $ Fountain Maintenance 5,200 $ 2,250 $ 2,600 $ 4,850 $ 25,000 $ Repairs & Maintenance 7,500 $ - $ 3,750 $ 3,750 $ 7,500 $ Contingency 10,000 $ - $ 5,000 $ 5,000 $ 10,000 $ Total Field Expenditures 227,200 $ 67,673 $ 141,666 $ 209,339 $ 360,790 $ Total Expenditures 360,335 $ 107,114 $ 192,125 $ 299,239 $ 497,100 $ Excess Revenues/(Expenditures) (0) $ 134,036 $ (134,036) $ - $ - $ Product Type ERU Assessable Units Total ERU Net Assessment Net Per Unit Gross Per Unit Townhouse 0.4 64 25.6 $21,687.55 $338.87 $360.50 Bundgalow - 34' 0.68 140 95.20 $80,650.56 $576.08 $612.85 Bundgalow - 40' 0.8 17 13.60 $11,521.51 $677.74 $721.00 Single Family - 50' 1 102 102 $86,411.31 $847.17 $901.24 Single Family - 60' 1.2 52 62.4 $52,863.39 $1,016.60 $1,081.49 375 298.80 $253,134.32 2 Riverwalk Community Development District General Fund Budget Revenues: Assessments The District will levy a non-ad valorem assessment on all the assessable property within operating expenditures during the fiscal year. the District to pay for Developer Contributions eTxhpee nDdisitturircets fwoirl lt heen Fteisrc ainl Ytoe aar . funding agreement with the Developer to fund the General Fund Expenditures: General & Administrative: Supervisor Fees C$4h,a8p0t0e rp 1e9r 0y,e Falro priadiad Stota etuactehs S, ualploewrvsi sfoorr feoarc hth Beo taimrde m deevmobteedr ttoo rDeicsetirvicet $ b2u0s0in peesrs manede tminege, tninogt sto. exceed Engineering ptThrheoe j DeDcisitststr raicisct td, 'esir .gee.cn, tgaeitdnte ebneydr ,ta hDneco eBn oaalandrd dW p or.f e MSpucapIrneatrtoivosihnso fArossr sa omncdoia ntthtehesl ,yD I inbscot.ra, ircpdtr oMmvaeidneeatisgn eggres. n, reervaile ewn gininveoeicriensg a snedr vviacreiso utos Attorney daTtihtreee ncDtdeaidsnt bcrieyc tta'hsne d lB epgoraaelr pdca ooruaf tnSiusoepnle , froKvriu stmoarkese atRinnodgc ksth,, epL rDLePips,a trrpiarctoti voMinda enasna gdge errne. evrieawl loegf aalg rseeermviceenst st, or etshoelu Dtioisntrsi, cet,t ce. .ags., ATonnh nea unDa ials nAtrnuiucdati tli sb aresiqsu. ired by Florida Statutes to arrange for an independent audit of its financial records aTAsshsseee ssDssmiasbterlneitc ptA rdwompileiln rcitosytn rwtaritatihocitnn t oth lee Dvyis tarnicdt .a dminister the collection of non-ad valorem assessment on all Arbitrage TDhiset rDicits’tsr Aicrtb witrilalg ceo Rnetrbaactte wLiiatbhi laitny ionnd aenp eanndtiecnipt acteerdt ibfioendd p isusbulaicn caec.c ountant to annually calculate the 3 Riverwalk Community Development District General Fund Budget aDTwnhihstesiic ceDhimpi rsainett raleaidtctit eob sinos t norde a qidsusdiuriteaidno ncbeay.l trheep oSretcinugri trye qaunidre Emxechnatsn gfoer Cuonmramteisds bioonn dto i scsoumeps.l yT hwisit hco Rstu ilse b1a5sce2d- 1u2p(obn)( a5n) T Trhues Dteies tFreicets will incur trustee related costs with the issuance of its’ issued bonds. Management Fees pn TArohgetre pe Daelirmmiasettirtinoeictdn tw , ratietlolhc , fe iGinrvoeaevcnsoec rrMidnalaim nrngeea npgtoaearnmlt dsMe ,n aattrnn, anaAngucseaccmlor aiuepunntdtitoii nStnseg ,r eaovtnifcc d.e b sAo-Cadremdni tnrmiaslet rFealtotinirvgieds a,s , eaLrdLvmCic. ieTnshi saets rs aeptriavvreitc eossfe iarnv cMilcuaednse,a gbbeuumtd aegrneett pI faRonnrerfodpo mv rrsimeedesreeaevtstniei ntotrhsgns es,v Ts,pa eAeor cdissohyiotunsbiosvtee lec,om oMpgssayit. cy or iofm sinopfflote rmOmfefaincttieao,t neio ttcne.c Gahnondvo eplorrngomyg rfeoanrmt atmhl eMin Dagin sfaotrgrie cfmrt aseuundct h pS raeosrt vveiiccdeteisoo –n c ,C oaencnfcetorruaenln tFcilinongrg is,d ocalfo,t wLuLdaC rse t,o traabglee ts Website Maintenance Gf Rwiroeietpvhwer erCanshlelma nmpettasne ittnrah t1lee M8 nc9aoa,nsn Ftcaslego a,er usimdspoaedc naSittat eaStseteu,dr dtv weoiscci.etu Thsm h–mee Cnsoeent n iustteporrlarvoilni aFcgdel ossa,r nihinddoca sml,ut LiadnLiegnC tsa apintirendo i pvndeigodr metfohsare tim nhD earissneetncr eseic ewatrs’avssl iewsc,se ewssbm.e sbeitnseit tsce,r sebeaactceukdrui itpnys ,aa ecntcdco . rdance Telephone Telephone and fax machine. Postage & Delivery T cohrer eDspisotnridcet nicnec, uertsc . charges for mailing of Board meeting agenda packages, overnight deliveries, Insurance The District’s general liability and public official’s liability insurance coverages. Copies ePnrivnetlionpge asn, edt cB.i nding agenda packages for board meetings, printing of computerized checks, stationary, Legal Advertising Ta hnee wDissptaripcet ri so rf egqeunierreadl tcoir acduvlaetriotinse. various notices for monthly Board meetings, public hearings, etc. in 4 Riverwalk Community Development District General Fund Budget CBoanntki ncgheanrcgieess a nd any other miscellaneous expenses incurred during the year. Office Supplies lA anbye lssu, pppaplieers cthliapts m, eatcy. need to be purchased during the fiscal year, e.g., paper, minute books, file folders, Travel Per Diem bTuhsei nBeosasr.d of Supervisors can be reimbursed for travel expenditures related to the conducting of District Dues, Licenses & Subscriptions $T1h7e5 D. iTsthriisc ti si sth ree qounilrye edx ptoe npsaey u annd earn tnhuias lc faetee gtoor yth feo rF tlohrei dDais Dtreicpta. rtment of Economic Opportunity for F ield Expenditures: Field Management RDm emeiospantrriielitscos.t er sinnutgsc hot hfa esu tleaislnittdiyms acaactcpeodeu acnnotdss,t lsaa tkoteef nmcdoa nBitnortaaecrntdain nmgc eese.e tSrienvrigvcsei csae nstdh c aarten cp ierniocvvleui ddaeen doo nnrsseiisttpeeo ifnniedslp dte ocm tpiaornonapsg,e emrmtyee eontwitn nogesf rcw opinthhtor ncaoecn tcsta rflaolcsr t aotnrhsde, Property Insurance The District’s estimated property insurance coverages. Electric Represents current and estimated electric charges of common areas throughout the District. Electric - Fountain Represents current and estimated electric charges of fountain throughout the District. MONTHLY ANNUAL DESCRIPTION AMOUNT AMOUNT ELECTRIC - FOUNTAIN $5,920 $71,040 ACC# 9101 5544 9819 ACC# 9101 5545 1350 ACC# 9101 5545 0523 ACC# 9101 5850 7434 ACC# 9101 5931 9733 TOTAL $71,040 5 Riverwalk Community Development District General Fund Budget Streetlights Encompasses the budgeted amount for the District’s decorative light poles and fixtures in various locations. Water & Sewer Represents estimated costs for water and refuse services provided for common areas throughout the District. L oR afe nlpadrnesdcsasecpnaetps M et hamein aettseetnrimiaanla chteea ds mbeaeinnt ceonmanpcleet oefd t.h e landscaping within the common areas of the District after the installation RLaenpdrescsaepnets C tohnet iensgtiemncaiteesd cost of replacing landscaping within the common areas of the District. Irrigation Repairs Rw eepllrse. sents the cost of maintaining and repairing the irrigation system. This includes the sprinklers, and irrigation Lake Maintenance Represents the estimated costs of maintaining the lake for the District. Fountain Maintenance Represents the estimated costs of maintaining the fountain for the District. R Reeppareirsse &n tMs easintitmenaatendce c osts for general repairs and maintenance of the District’s common areas. Contingency fRieelpdr ecasetengtos rfyu.n ds allocated to expenses that the District could incur throughout the fiscal year that do not fit into any 6 Riverwalk Community Development District Proposed Budget Series 2024 Debt Service Fund Proposed Actuals Projected Description BFuY2d0ge2t4 3/T3h1r/u24 6 MNoenxtths 9/TT3oh0tra/ul2 4 PFBrYou2pd0og2see5td SCRpaeervrceyina Flu oAersswseasrsdments $$ -- $$ -- $$ -- $$ -- $$ 134889,,274502 Total Revenues $ - $ - $ - $ - $ 537,992 Expenditures IIPnnrttieenrrceeipsstta EEl xxEppxeepnnessnees e-- 15- /151//11 $$$ --- $$$ --- $$$ --- $$$ --- $$$ 11 845059,,,022059012 Total Expenditures $ - $ - $ - $ - $ 384,543 Other Financing Sources/(Uses) Bond Proceeds $ - $ - $ 343,622 $ 343,622 $ - Total Other Financing Sources/(Uses) $ - $ - $ 343,622 $ 343,622 $ - Excess Revenues/(Expenditures) $ - $ - $ 343,622 $ 343,622 $ 153,449 Interest Expense 11/1/25 $ 153,431 Total $ 153,431 Product Assessable Units Total Net Assessments Net Assessment Per Unit Gross Assessment Per Unit SSTBBiiouunnnnwggddllneeggh aaFFollaaooummwwse ii--llyy 34 --04 ''5600'' 113156047247025 $$$$$$ 1 3 113 838811589,3,26,,,,5775721475140294 $$$$$ 11 ,,577369994777704.....3393411868 $$$$$ 11 ,,688473444568879.....1224811525 7 Riverwalk Community Development District Series 2024 Special Assessment Bonds Amortization Schedule Date Balance Prinicpal Interest Total 11/01/24 5,585,000.00 $ - $ 149,252.15 $ 149,252.15 $ 05/01/25 5,585,000.00 $ 80,000.00 $ 155,291.25 $ 11/01/25 5,505,000.00 $ - $ 153,431.25 $ 388,722.50 $ 05/01/26 5,505,000.00 $ 80,000.00 $ 153,431.25 $ 11/01/26 5,425,000.00 $ - $ 151,571.25 $ 385,002.50 $ 05/01/27 5,425,000.00 $ 85,000.00 $ 151,571.25 $ 11/01/27 5,340,000.00 $ - $ 149,595.00 $ 386,166.25 $ 05/01/28 5,340,000.00 $ 90,000.00 $ 149,595.00 $ 11/01/28 5,250,000.00 $ - $ 147,502.50 $ 387,097.50 $ 05/01/29 5,250,000.00 $ 95,000.00 $ 147,502.50 $ 11/01/29 5,155,000.00 $ - $ 145,293.75 $ 387,796.25 $ 05/01/30 5,155,000.00 $ 100,000.00 $ 145,293.75 $ 11/01/30 5,055,000.00 $ - $ 142,968.75 $ 388,262.50 $ 05/01/31 5,055,000.00 $ 105,000.00 $ 142,968.75 $ 11/01/31 4,950,000.00 $ - $ 140,527.50 $ 388,496.25 $ 05/01/32 4,950,000.00 $ 110,000.00 $ 140,527.50 $ 11/01/32 4,840,000.00 $ - $ 137,502.50 $ 388,030.00 $ 05/01/33 4,840,000.00 $ 115,000.00 $ 137,502.50 $ 11/01/33 4,725,000.00 $ - $ 134,340.00 $ 386,842.50 $ 05/01/34 4,725,000.00 $ 120,000.00 $ 134,340.00 $ 11/01/34 4,605,000.00 $ - $ 131,040.00 $ 385,380.00 $ 05/01/35 4,605,000.00 $ 130,000.00 $ 131,040.00 $ 11/01/35 4,475,000.00 $ - $ 127,465.00 $ 388,505.00 $ 05/01/36 4,475,000.00 $ 135,000.00 $ 127,465.00 $ 11/01/36 4,340,000.00 $ - $ 123,752.50 $ 386,217.50 $ 05/01/37 4,340,000.00 $ 145,000.00 $ 123,752.50 $ 11/01/37 4,195,000.00 $ - $ 119,765.00 $ 388,517.50 $ 05/01/38 4,195,000.00 $ 150,000.00 $ 119,765.00 $ 11/01/38 4,045,000.00 $ - $ 115,640.00 $ 385,405.00 $ 05/01/39 4,045,000.00 $ 160,000.00 $ 115,640.00 $ 11/01/39 3,885,000.00 $ - $ 111,240.00 $ 386,880.00 $ 05/01/40 3,885,000.00 $ 170,000.00 $ 111,240.00 $ 11/01/40 3,715,000.00 $ - $ 106,565.00 $ 387,805.00 $ 05/01/41 3,715,000.00 $ 180,000.00 $ 106,565.00 $ 11/01/41 3,345,000.00 $ - $ 101,615.00 $ 388,180.00 $ 05/01/42 2,935,000.00 $ 190,000.00 $ 101,615.00 $ 11/01/42 2,935,000.00 $ - $ 96,390.00 $ 388,005.00 $ 05/01/43 2,935,000.00 $ 200,000.00 $ 96,390.00 $ 11/01/43 2,935,000.00 $ - $ 90,890.00 $ 387,280.00 $ 05/01/44 2,935,000.00 $ 210,000.00 $ 90,890.00 $ 8 Riverwalk Community Development District Series 2024 Special Assessment Bonds Amortization Schedule Date Balance Prinicpal Interest Total 11/01/44 2,935,000.00 $ - $ 85,115.00 $ 386,005.00 $ 05/01/45 2,935,000.00 $ 225,000.00 $ 85,115.00 $ 11/01/45 2,710,000.00 $ - $ 78,590.00 $ 388,705.00 $ 05/01/46 2,710,000.00 $ 235,000.00 $ 78,590.00 $ 11/01/46 2,475,000.00 $ - $ 71,775.00 $ 385,365.00 $ 05/01/47 2,475,000.00 $ 250,000.00 $ 71,775.00 $ 11/01/47 2,225,000.00 $ - $ 64,525.00 $ 386,300.00 $ 05/01/48 2,225,000.00 $ 265,000.00 $ 64,525.00 $ 11/01/48 1,960,000.00 $ - $ 56,840.00 $ 386,365.00 $ 05/01/49 1,960,000.00 $ 280,000.00 $ 56,840.00 $ 11/01/49 1,680,000.00 $ - $ 48,720.00 $ 385,560.00 $ 05/01/50 1,680,000.00 $ 300,000.00 $ 48,720.00 $ 11/01/50 1,380,000.00 $ - $ 40,020.00 $ 388,740.00 $ 05/01/51 1,380,000.00 $ 315,000.00 $ 40,020.00 $ 11/01/51 1,065,000.00 $ - $ 30,885.00 $ 385,905.00 $ 05/01/52 1,065,000.00 $ 335,000.00 $ 30,885.00 $ 11/01/52 730,000.00 $ - $ 21,170.00 $ 387,055.00 $ 05/01/53 730,000.00 $ 355,000.00 $ 21,170.00 $ - $ 11/01/53 375,000.00 $ - $ 10,875.00 $ 387,045.00 $ 05/01/54 375,000.00 $ 375,000.00 $ 10,875.00 $ 385,875.00 $ 5,585,000.00 $ 6,175,763.40 $ 11,760,763.40 $ 9