FY 2026 Narcoossee Community Development District Proposed Budget 1 2-6 7 8 9 10 11 12 Table of Contents General Fund Combined Capital Reserve Fund Debt Service Fund General Fund Narrative O&M Assessment Allocation Chart Amortization Schedule - Series 2013 A-2 Debt Service Assessment Allocation Chart Amortization Schedule - Series 2013 A-1 Narcoossee Community Development District Proposed Budget General Fund Adopted Actual Projected Total Proposed Budget thru Next Projected Budget FY2025 1/31/25 8 Months 9/30/25 FY2026 IBRMneeatgveiinernnetnesuintneasgn Fceu nAdss Beasslamnecne*ts $$$ 5 9 2 7 ,,72 7105043 $$$ 2 1 ,9 4 -6723 $$$ 3 8 0 ,7 5 -4481 $$$ 5 9 2 1 ,,70 -1104 $$$ 5 9 2 ,9 25508579 Total Revenues $ 600,667 $ 212,435 $ 381,288 $ 593,724 $ 593,751 Expenditures Administrative Supervisor Fees 6,000 $ 1,400 $ 4,000 $ 5,400 $ 6,000 $ FICA Expense 459 $ 107 $ 306 $ 413 $ 459 $ Engineering Fees 7,800 $ 800 $ 7,000 $ 7,800 $ 7,800 $ Assessment Roll 5,250 $ 5,250 $ - $ 5,250 $ 5,408 $ Attorney 12,000 $ 4,363 $ 10,213 $ 14,576 $ 15,000 $ Annual Audit 3,150 $ - $ 3,150 $ 3,150 $ 3,150 $ Dissemination Agent 1,392 $ 464 $ 928 $ 1,392 $ 1,434 $ Arbitrage 600 $ - $ 600 $ 600 $ 600 $ Trustee Fees 3,000 $ 1,235 $ 1,728 $ 2,963 $ 3,259 $ Management Fees 56,200 $ 18,733 $ 37,467 $ 56,200 $ 57,886 $ Information Technology 1,670 $ 557 $ 1,113 $ 1,670 $ 1,720 $ Website Maintenance 1,336 $ 445 $ 891 $ 1,336 $ 1,376 $ Telephone 25 $ - $ 17 $ 17 $ 25 $ Postage 450 $ 93 $ 300 $ 393 $ 450 $ Insurance 37,262 $ 34,545 $ - $ 34,545 $ 42,851 $ Printing & Binding 200 $ 2 $ 133 $ 136 $ 200 $ Legal Advertising 1,900 $ - $ 1,900 $ 1,900 $ 1,900 $ Other Current Charges 2,000 $ 567 $ 1,160 $ 1,727 $ 2,000 $ Office Supplies 50 $ 19 $ 33 $ 52 $ 50 $ Dues, Licenses & Subscriptions 175 $ 175 $ - $ 175 $ 175 $ Contingency 274 $ - $ 274 $ 274 $ 274 $ Administrative Expenses 141,193 $ 68,756 $ 71,214 $ 139,969 $ 152,017 $ Maintenance Field Management 26,683 $ 8,894 $ 17,789 $ 26,683 $ 27,483 $ Landscape Maintenance 229,510 $ 79,256 $ 154,128 $ 233,384 $ 245,053 $ Irrigation Repairs 20,000 $ 682 $ 14,318 $ 15,000 $ 20,000 $ Lake Maintenance 16,142 $ 6,032 $ 12,064 $ 18,096 $ 18,096 $ Utilities 6,679 $ 2,248 $ 4,431 $ 6,679 $ 7,347 $ Wall Repairs/Cleaning 8,000 $ - $ 7,000 $ 7,000 $ 8,000 $ Feature Lighting 1,000 $ 4,000 $ - $ 4,000 $ 4,000 $ Solvino Streetlighting 3,485 $ 939 $ 1,891 $ 2,829 $ 3,485 $ Capri Streetlighting 4,433 $ 1,336 $ 2,691 $ 4,027 $ 4,433 $ Miscellaneous Common Area 12,500 $ 6,897 $ 1,667 $ 8,564 $ 12,500 $ Tree Trimming 72,838 $ - $ 69,000 $ 69,000 $ 69,000 $ Total Maintenance Expenditures 401,270 $ 110,284 $ 284,978 $ 395,262 $ 419,397 $ Other Sources/(Uses) Transfer Out to Capital Reserves 58,204 $ - $ 58,204 $ 58,204 $ 22,337 $ Total Other Sources/(Uses) 58,204 $ - $ 58,204 $ 58,204 $ 22,337 $ Total Expenditures 600,667 $ 179,040 $ 414,395 $ 593,435 $ 593,751 $ Excess Revenues/(Expenditures)* - $ 33,395 $ (33,107) $ 289 $ - $ * Reduced for First Quarter Operating Net Assessments $593,463 Add: Discounts & Collections 6% $37,881 Gross Assessments $631,343 1 Narcoossee Community Development District General Fu nd Budget Revenues: Maintenance Assessments a Tlhl eG eDnisetrraicl tO wpeilrla lteivnyg aa nndo nM-aadin vteanloarnecme Esxppeecinadl iatussreesss fmore nthte o fnis aclal lt yaexaarb.l e property within the District, to fund Beginning Fund Balance Represents the total funds estimated to be available at the beginning of the fiscal year. EXPENDITURES: Administrative: Supervisor Fees TThhee aFmlooriudnat S itsa btuasteesd aulploowns 5 e Sauchp ebrovaisrodr ms aetmtebnedri ntog r6e cBeoiavred $ M20e0e tpinegr sm deuertiinngg tnhoet ftiosc eaxl cyeeeadr .$ 4,800 in one year. FICA Expense cRheepcrkess.e nts the Employer's share of Social Security and Medicare taxes withheld from Board of Supervisors Engineering Fees Tanhde Dprisetpraicrta’sti eonng fionre mero, nDtehwlyb Berorayr,d w mille beeti pnrgos,v rideviniegw ge innevroaicl eesn,g eitnce. ering services to the District, i.e., attendance Assessment Roll Expenses related to administering the annual assessments on the tax roll with the Orange County Tax Collector. Attorney eaTtnhcde. pDrisetpraicrta’tsi oleng afol rc omuonnstehl,l yK mE Leeatwin Ggrso, ruepv, iPeLwL oCp perroavtiindge sa gnedn meraailn lteegnaaln sceer vciocnetsr taoc ttsh, ea gDriesetrmicetn, it.se,. ,r aetstoelnudtiaonncse, Annual Audit PT uhbe lDici sAtcrcicotu ins trienqgu Fiirremd .a Gnrnauua &lly A tsos ococinadteusc tp aronv aiuddesit tohfi sit sse frinviacnec. ial records by an Independent Certified 2 Narcoossee Community Development District General Fund Budget Dissemination Agent The District is required by the Security and Exchange Commission to comply with Rule sGweohrvivceihcrne r.me leantetsa lt oM aadndaigteiomneanl rt eSpeorrvtiicnegs r–e qCueinretrmale nFtlos rfiodra u LnL-rCa, ttehde b Doinsdtr iiscstu’se bs.o nTdh eu Dnidsetrriwctr i1ht5ears(c, c)to o(n 2pt)rr-ao1cv2tie(dbde) w t(hi5ti)hs, Arbitrage aTAnh-2de SDsupisbetcmriiaictlt aAis sr rseeepqsosurmitr teeond tt t hoRe ea Dvneinsnuturaielcl ytB. hoanvdes .a nT ahreb Ditirsatgreic rt ehbiareted c Garlcauul a&ti Aonss oonc itahtee sD tisot rciacltc’su lSaetrei eths e2 0r1eb3aAt-e1 l&ia b2i0li1t3y Trustee Fees TTrhues Dteies tarti cUtS i sBsaunekd. TSehrei easm 2o0u1n3t Ao-f1 th &e t2r0u1st3eAe- f2e eSsp iesc biaals eAds soens tshmee angtr eReemfuenndti bnegt wBoenends U, Sw Bhaicnhk aanred htheeld D wistitrhic ta. Management Fees TA pnrohgetre pe laeiDmrmiasietttienroditnc wt,t foiirtn, ehaac n dGecivovievaerelst rr inseMipmnaogenr,n tairtgnaeeglc m,oM arenadnnditna ,a ggs Aesamcinscedtoin unttngr S atwiennrisgtvch ir c aiaebnnsidnn – ug A aColde famn uBtirdnoaiaitls srFt.dr l a oMtriivedeea t,i snLegLrsCv,. i ca Tedshm eaisnsei sspterararvttii vcoeefs sieanr cvMluicadenesa,, gbbeuumtd aegrneett Information Technology cGRooenpvfereerrnseemnncetisnn tcgao ls sMtesa r rvneialcagetesem,d etcnolo tt uhSdee r Dvsiitscoterrsia c–gt e’Cs einnseftorravrmli cFealstoi ro iandn asd,y L sLtseCem rpvsre,o rwvshi, diceshse ctinuhcreilsuteyd ,s ey absctuectmo aursne. t ninogt lismoifttewda troe ,v ideetco. Website Maintenance R sabecaecccpuokrrruedipstayesn n,a cetnestdc w.t hfGiiertohe vcw eCorahsnltalms pm teaeansristn ao1tlce8 Mina9ata, ennFdcal oegwr,e iumidtpahed nSamttt aeSotsenu,r itdtveooiscrc.ei unTsmg h– ee aCsnneetdn su terpmralvoal iiaFcndleotssar, i iinhdnioacns,l gutLi dLnteChg e spa inrtDoedi vs pditderoiermcfsto a’tsrhi mnew sareeneb ncsseeei wrtaevsa isclcseer,ss ews.a mteebedsn ittisne, Telephone Telephone and fax machine. Postage Metac.i ling of agenda packages, overnight deliveries, checks for vendors and any other required correspondence, Insurance TInhseu Drainstcreic At’lsli gaenncee r(aFlI lAia)b. FilIiAty s, ppeucbilaicli zoeffsi cinia plsr loivabidiliintgy iannsdu rparnocpee rctoyv ienrsaugrea tnoc eg ocvoevrenrmageenst iasl pargoevnicdieeds. by Florida 3 Narcoossee Community Development District General Fund Budget Printing & Binding Printing and binding agenda packages for board meetings, printing of computerized envelopes etc. checks, stationary, Legal Advertising sTmehareivn iDcteeisnst artnihcctae ti cso arnreetqr uarceirtqesu dai rnteodd aa ndtoyv eobrttehi seaerd avvdaevrrietoriusteissd inn ofgot tirch eapstu mfbolaricy m bboein drtdehqilnuyg i,rB eoid.ae.r . da umdeite tsinegrvs,i cpeusb, leicn ghienaereinrignsg, asnedrv aicney, Other Current Charges I ncludes bank charges and any other miscellaneous expenses that are incurred during the year. Property Appraiser rRoelpl raedsmenint itshtrea Ftiioscna. l Year 18 fees to be paid to the Orange County Property Appraiser for annual assessment Office Supplies GaTnhodve epDrrinsinmtrteeicnrt t tiaonlnc Meurra scn acarhgtaerrmidgeegsne stf o,S pre asrpuveipcrpe, lsfii el–es C ftohelnadtte rnraesl e,F bdlio tnrodi dbeaer,s pL, upLreCcn hpsar, opsevadipd ederus c rtlihinpegss ,te ha snee dfri vsocitcahele syr. esaurc, hin ocflfuicdei nsgu pcoppliieesr. Dues, Licenses & Subscriptions uTnhde eDri sthtriisc ct aiste rgeoqruyi rfeodr tthoe p Dayis atrni catn. nual fee to the Department of Commerce for $175. This is the only expense Contingency Represents any other miscellaneous charges that the District may incur. Maintenance: Field Management Tprhoev iDdies tfrieicltd cmuarnreangtelmy ehnats s ear vcoicnetsr.a ct with Governmental Management Services – Central Florida, LLC. to Landscape Maintenance Tspeehrrev yiDceeiassrt ,ri anicpctlp ucludyrienr megn fotewlryti inhligaz,se e rad, acgoninndgt p,r ablaclont wtwiniingthg a, Ynaenpluploalywlsin.s tg o pnees Lt aanndds dcaispeea stoe pcoronvtridole cLhaenmdisccaalps et oM saoidn,t emnualncchein. gT ohnecsee Vendor: Yellowstone Landscape Annual Costs § Landscape Maintenance: Contract Cost of $20,421.08 monthly $245,053 § Total Costs $245,053 4 Narcoossee Community Development District General Fund Budget Irrigation Repairs Irrigation maintenance expenditures that may occur during the fiscal year. Lake Maintenance The District currently has a contract with Applied Aquatic Management, Inc., which provide twoe aeldl st haen dla aklegsa ein, shiedreb Nicaidrcinogo,s asnede aClDgDae. cTohnetsreo ls aenrvdi creems ionvcalul.d e monthly inspections and tre Laatkmee Mnta oinf taeqnuaantciec Vendor: Applied Aquatic Management, Inc. Annual Costs § Lake Maintenance: Contract Cost of $1,508 monthly $18,096 § Total Costs $18,096 Utilities tThhee D Disisttrricictt. has electrical and water accounts with Orlando Utilities Commission for the areas maintained by Vendor: Orlando Utilities Commission Annual Costs § Reclaimed Water - $594.1/month $7129.2 § Electric - $18.15/month $217.8 § Total Costs $7347 Wall Repair/Cleaning The District will incur expenditures to maintain the wall. Includes cleaning and landscaping. Feature Lighting Replacement and repair of up light fixtures. Solvino Streetlighting T he District funds the streetlights within the Solvino community. Vendor: Orlando Utilities Commission Annual Costs § Electric - $290.42/month $3,485 Capri Streetlighting The District funds the streetlights within the Capri community. Vendor: Orlando Utilities Commission Annual Costs § Electric - $369.42/month $4,433 Miscellaneous Common Area Miscellaneous common area maintenance expenditures that may occur during the fiscal year. Tree Trimming Estimated cost for tree trimming within the District. 5 Narcoossee Community Development District General Fund Budget Transfer Out – Capital Reserve Fund Represents projected excess funds above operating capital requirements in the General Fund. Reserve Contribution RA et stehrev ed iSrteucdtyio onf oNfa rthcoeo Bssoeaer dC otmhamt urencitoyg Dniezveesl othpem ennete dD ifsotrri cptr. oper reserve planning, we have conducted a 6 Narcoossee Community Development District Proposed Budget Maintenance Assessment Calculation Subdivision Track Units Annual Gross Maintenance Per Unit FY25 Proposed Gross Maintenance Per Unit FY26 Street Lighting Supplement Assessment Total Proposed Gross Maintenance Per Unit FY26 Increase (Decrease) O&M LLNaaokVneian CNaroensat Preserve MiSraoCZlbvaieaipnlnlroaii KDHFCEBGGA SSSSSSCCMMFFFFFFoouu555577mmll000005ttmmii F//aOOmffffiiilccyee 16391112224045600122567706800017899004 $$$$$$$$$$ 25557788 12555557 3556699900..........00668999220055667822 $$$$$$$$$$ 25557777 15555557 5555669900..........00666699225566667822 $$ NNNNNNNN //////// AAAAAAAA 7948..1244 $$$$$$$$$$ 25557788 12555557 3556699900..........00668999220055667822 $$$$$$$$$$ (((((( 0000000000..........00000000000000000000)))))) $$$$$$$$$$ 1 3 1244468892001125889,,,,,,,,,,211344788931556778993023335679 Total Gross Assessments $ 631,343 7 Adopted Actual Projected Total Proposed Budget thru Next Projected Budget FY2025 1/31/25 8 Months 9/30/25 FY2026 ICARnsaetsrveerersynes Fsmutoe eIrsnnwctasor m-d Te Sauxr Rpolulls $$$ 23 191780,,,356381463 $$$ 13 11 03 6,,,484289191 $$$ 2 0 4 3 ,,12 -5456 $$$ 33 11 07 9,,,587883147 $$$ 33 13 07 4,,,058486489 Total Revenues $ 626,533 $ 430,801 $ 207,401 $ 638,202 $ 652,500 Expenditures Series 2013A-1 IIPnnrttineerrceeipssatt l-- -15 5/1/11 $$$ 1 433511,,,077044099 $$$ 3 1 ,7 --49 $$$ 1 43 51 ,,07 -0409 $$$ 1 433511,,,077044099 $$$ 1 522088,,,099022011 Series 2013A-2 IIPnnrttineerrceeipssatt l-- -15 5/1/11 $$$ 116099,,,088022088 $$$ 1 9 ,8 --28 $$$ 16 09 ,,08 -0208 $$$ 116099,,,088022088 $$$ 116588,,,011044011 Total Expenditures $ 308,154 $ 51,577 $ 256,577 $ 308,154 $ 309,124 Excess Revenues/(Expenditures)* $ 318,379 $ 379,224 $ (49,176) $ 330,048 $ 343,377 SSeerriieess 22001133AA--12 NNoovv 11,, 22002266 $$ 1256$,,394122,122..253405 Add: DiscoGurnNotesss t& AA Cssssoeelsslsesmmcteieonnnttsss $$33$132077,,,258578145 * Excess Revenues will be utilized to pay November 1 semi-annual interest payment. Narcoossee Community Development District Proposed Budget Debt Service Fund 8 Narcoosseee Community Development District Series 2013 A-1 Special Assessment Bonds Amortization Schedule Date Balance Prinicpal Interest Total 11/01/25 1,405,000.00 $ - $ 28,921.25 $ 205,670.00 $ 05/01/26 1,405,000.00 $ 150,000.00 $ 28,921.25 $ 11/01/26 1,255,000.00 $ - $ 25,921.25 $ 204,842.50 $ 05/01/27 1,255,000.00 $ 160,000.00 $ 25,921.25 $ 11/01/27 1,095,000.00 $ - $ 22,721.25 $ 208,642.50 $ 05/01/28 1,095,000.00 $ 165,000.00 $ 22,721.25 $ 11/01/28 930,000.00 $ - $ 19,297.50 $ 207,018.75 $ 05/01/29 930,000.00 $ 170,000.00 $ 19,297.50 $ 11/01/29 760,000.00 $ - $ 15,770.00 $ 205,067.50 $ 05/01/30 760,000.00 $ 180,000.00 $ 15,770.00 $ 11/01/30 580,000.00 $ - $ 12,035.00 $ 207,805.00 $ 05/01/31 580,000.00 $ 185,000.00 $ 12,035.00 $ 11/01/31 395,000.00 $ - $ 8,196.25 $ 205,231.25 $ 05/01/32 395,000.00 $ 195,000.00 $ 8,196.25 $ 11/01/32 200,000.00 $ - $ 4,150.00 $ 207,346.25 $ 05/01/33 200,000.00 $ 200,000.00 $ 4,150.00 $ 204,150.00 $ 1,405,000.00 $ 274,025.00 $ 1,855,773.75 $ 9 Narcoosseee Community Development District Series 2013 A-2 Special Assessment Bonds Amortization Schedule Date Balance Prinicpal Interest Total 11/01/25 645,000.00 $ - $ 18,140.63 $ 97,968.75 $ 05/01/26 645,000.00 $ 65,000.00 $ 18,140.63 $ 11/01/26 580,000.00 $ - $ 16,312.50 $ 99,453.13 $ 05/01/27 580,000.00 $ 70,000.00 $ 16,312.50 $ 11/01/27 510,000.00 $ - $ 14,343.75 $ 100,656.25 $ 05/01/28 510,000.00 $ 75,000.00 $ 14,343.75 $ 11/01/28 435,000.00 $ - $ 12,234.38 $ 101,578.13 $ 05/01/29 435,000.00 $ 80,000.00 $ 12,234.38 $ 11/01/29 355,000.00 $ - $ 9,984.38 $ 102,218.75 $ 05/01/30 355,000.00 $ 85,000.00 $ 9,984.38 $ 11/01/30 270,000.00 $ - $ 7,593.75 $ 102,578.13 $ 05/01/31 270,000.00 $ 85,000.00 $ 7,593.75 $ 11/01/31 185,000.00 $ - $ 5,203.13 $ 97,796.88 $ 05/01/32 185,000.00 $ 90,000.00 $ 5,203.13 $ 11/01/32 95,000.00 $ - $ 2,671.88 $ 97,875.00 $ 05/01/33 95,000.00 $ 95,000.00 $ 2,671.88 $ 97,671.88 $ 645,000.00 $ 172,968.75 $ 897,796.88 $ 10 Narcoossee Community Development District Subdivision Track Units Annual Gross Debt Per Unit Total LLNaaokVneian CNaroensat Preserve FCEBGGAKDH SSSSSSCCMMFFFFFFoouu555577mmll000005ttmmii F//aOOmffffiiilccyee 16391112304560012577058001788004 $$$$$$$$$$ 12333345 00001468 01111167 00..........11111289221133333900 $$$$$$$$$$ 1112334455D2333445667e,,,,,,,,,,0123445789b0224557899t 0111477789 Total Gross Assessment $ 337,855 Proposed Budget Debt Assessment Calculation FY2026 Proposed 11 Adopted Actual Projected Total Proposed Budget thru Next Projected Budget FY2025 1/31/25 8 Months 9/30/25 FY2026 ICTRRneraetasrveenreryrsne vfFsueetore Cr sIwonnatrrdi bSuutriponlus $$$$ 3 15 11 7 ,,,402 20017045 $$$$ 2 9 8 ,2 -- 9110 $$$$ 5 1 7 ,,02 - 002040 $$$$ 2 95 81 7 ,,,202 90021049 $$$$ 2 22 82 ,,03 - 031675 Total Revenues $ 369,647 $ 298,301 $ 58,224 $ 356,525 $ 250,358 Expenditures ZCCNMWiaooaierpnnnlaltiai tib R naSPeelig grlpPelenaanrs oiSRecrjyireegvfcnuet s rRSbeigifsnuh rRmbeiesfnuhtrmbeisnhtment $$$$$$ 1 11 27 2 ,,,000 ---000000 $$$$$$ 7 ,7 1 ----3600 $$$$$$ 13 37 ,,03 3 ---002080 $$$$$$ 1 11 17 ,,00 4 ---308800 $$$$$$ 112 355 2 ,,,,0000 --00000000 Total Expenditures $ 131,000 $ 77,890 $ 50,628 $ 128,518 $ 55,000 Excess Revenues/(Expenditures) $ 238,647 $ 220,411 $ 7,596 $ 228,006 $ 195,358 Narcoossee Community Development District Adopted Budget Combined Capital Reserve Fund 12