ChampionsGate Community Development District Proposed Budget FY2025 1 2-7 8 Table of Contents General Fund General Fund Narrative Capital Reserve Fund ChampionsGate Community Development District Proposed Budget FY2025 General Fund Adopted Actual FBYu2d0g2e4t 2/T2h9r/u24 7Pr MoNjoeenxctttehds 9Pr/To3jo0etac/tl2e4d PFBrYou2pd0ogs2ee5td Revenues: ISCMnpaitserecrcreyieal Fsllat oAnrswesoeausrssdm I Sneucnortpmsleus* $$$$ 7 2 69 ,, 70 54 06 -- $$$$ 6 17 29 ,, 49 05 49 -- $$$$ 14 779 ,,, 033 168 067 - $$$$ 7 22 799 ,,, 037 147 006 - $$$$ 37 28 659 ,,, 000 048 066 - Total Revenues $ 735,796 $ 692,363 $ 73,763 $ 766,126 $ 1,120,132 Expenditures: Administrative: Supervisor Fees 6,000 $ 1,800 $ 4,000 $ 5,800 $ 6,000 $ FICA Expense 459 $ 138 $ 306 $ 444 $ 459 $ Engineering Fees 10,000 $ 1,453 $ 6,048 $ 7,500 $ 10,000 $ Attorney 22,500 $ 10,595 $ 11,905 $ 22,500 $ 22,500 $ Annual Audit 3,500 $ - $ 3,500 $ 3,500 $ 3,600 $ Assessment Administration 5,000 $ 5,000 $ - $ 5,000 $ 5,250 $ Management Fees 40,355 $ 16,815 $ 23,540 $ 40,355 $ 42,500 $ Information Technology 1,800 $ 750 $ 1,050 $ 1,800 $ 1,890 $ Website Maintenance 1,400 $ 583 $ 817 $ 1,400 $ 1,470 $ Telephone 100 $ - $ 50 $ 50 $ 100 $ Postage 500 $ 135 $ 190 $ 325 $ 500 $ Printing & Binding 500 $ 14 $ 111 $ 125 $ 500 $ Insurance 13,600 $ 12,784 $ - $ 12,784 $ 13,600 $ Legal Advertising 2,500 $ - $ 2,500 $ 2,500 $ 2,500 $ Other Current Charges 1,000 $ 661 $ 661 $ 1,322 $ 1,500 $ Office Supplies 125 $ 17 $ 32 $ 49 $ 125 $ Property Appraiser Fee 550 $ 465 $ - $ 465 $ 550 $ Dues, Licenses & Subscriptions 175 $ 175 $ - $ 175 $ 175 $ Total Administrative: 110,064 $ 51,384 $ 54,710 $ 106,093 $ 113,219 $ Operations & Maintenance Onsite Management 147,600 $ 61,499 $ 86,099 $ 147,598 $ 147,600 $ Property Insurance 44,450 $ 42,606 $ - $ 42,606 $ 44,450 $ Electric 35,000 $ 12,233 $ 15,337 $ 27,570 $ 35,000 $ Water & Sewer 300 $ 148 $ 247 $ 395 $ 500 $ Trash Removal 4,881 $ 1,473 $ 1,248 $ 2,721 $ 2,370 $ Landscape Maintenance 145,514 $ 60,630 $ 84,883 $ 145,513 $ 152,790 $ Landscape Contingency 25,000 $ 51,120 $ - $ 51,120 $ 20,000 $ Lake Maintenance 6,120 $ 2,475 $ 3,465 $ 5,940 $ 6,120 $ Fountain Maintenance 7,880 $ 5,857 $ 3,450 $ 9,307 $ 7,860 $ Irrigation Repairs 25,000 $ 57 $ 7,443 $ 7,500 $ 20,000 $ Repairs & Maintenance 6,000 $ 1,034 $ 1,966 $ 3,000 $ 6,000 $ Lighting 8,000 $ 8,537 $ 4,000 $ 12,537 $ 8,000 $ Painting Public Areas 1,500 $ - $ 750 $ 750 $ 1,500 $ Traffic Signals 8,000 $ 4,110 $ 3,128 $ 7,238 $ 8,000 $ Sidewalks 35,000 $ - $ 28,950 $ 28,950 $ 30,000 $ Signage 6,500 $ 3,832 $ 2,668 $ 6,500 $ 3,500 $ Security 70,000 $ 30,790 $ 39,210 $ 70,000 $ 70,000 $ Mosquito Control 6,741 $ 1,926 $ 4,815 $ 6,741 $ 6,741 $ Total Operations & Maintenance: 583,486 $ 288,327 $ 287,659 $ 575,985 $ 570,431 $ Reserves Capital Reserve Transfer 42,246 $ 42,246 $ - $ 42,246 $ 436,482 $ Total Reserves 42,246 $ 42,246 $ - $ 42,246 $ 436,482 $ Total Expenditures 735,796 $ 381,957 $ 342,368 $ 724,325 $ 1,120,132 $ Excess Revenues (Expenditures) - $ 310,406 $ (268,605) $ 41,801 $ 0 $ *Less 1st Quarter Operating Net Assessment $729,046 Collection Cost (6%) $46,535 Gross Assessment $775,581 1 CHAMPIONSGATE COMMUNITY DEVELOPMENT DISTRICT GENERAL FUND BUDGET REVENUES: SPECIAL ASSESSMENTS The District will levy a Non-Ad Valorem assessment on all of the District to fund all general operating and maintenance expenditures faosrs tehses afibslcea lp yreoapre. r ty within the ITNhTe EDRisEtSriTc t generates funds from invested funds. EXPENDITURES: ADMINISTRATION SUPERVISORS FEES $dDC2uhis0ratip0rnit gcept ret hrb1e u9m fs0ieis,n ecFeatlislon syrg eia,d annardo . S t tmtaoteu eeetxisnc, egaesldl. o Aw$m4s, o8fou0rn0 t a p imesr e bymaesbaeerd rp ooafni d t h5te o S Beuoapcaehrrd vS iousofp reSsru vpaietstroevrni sdfooinrr sgt ht6oe bBtieom acero dmd empveoentesetadint egtdos FICA EXPENSE SRuepperervseisnotrss tchhee cEkms. ployer's share of Social Security and Medicare taxes withheld from Board of ENGINEERING FEES tapTosrh edetph iDraeer iDscatttiresioidtcrn tbi' csayt n ,E tdehn. eggr .eiB,n vaoeiteaetwrred,n Hodofaaf cnnSoscunoep ntear,ran Wvcdits a psotrpereserp ca&ainfr idAca atstitshoioeonc n Difasoi tsraet nsrth,id cwe tb iMmildl ao bdnneoat hcgpulerymro .Bv eiondatisrnd,g a mgneden evetarinraiglo seu,n srg epivnrioeeejwerc iontsfg aisnsevsriovgiincceeesds, ATTORNEY aaeT.gnhgrde.,e teDahmitest eteDrnniitcsdstta ’rsani cncAted tM t oraaernnsndoae glyupe, trrCi eolpanraskr, aa&tni oAdn lbo atfhouerg rh m,r LeosLnePtah, rwlcyhi l lBa bosesa irpgdrn oemvdi edaeisnt igdn iggrsee,nc tereredav li beleywg tahol efs eBcroovnaicrterdsa cottofs S,t hurepe evDriievswitsr oicrotsf, ANNUAL AUDIT rTehceo rDdiss tornic at ni sa nrneuqauli rbeads isb.y TFhleo rDidisat rSictta htuatse cso tnot raarcrtaendg we itfho rG raanu i&n dAespseoncdiaetnets faourd tiht iso fs eirtsv icfien. ancial 2 CHAMPIONSGATE COMMUNITY DEVELOPMENT DISTRICT GENERAL FUND BUDGET ASSESSMENT ADMINISTRATION The District has contracted with Governmental Management Services-Central aDnisdt raidctm. inister the collection of a Non-Ad Valorem assessment on all assessable Fplroorpidear,t yL LwCi thtoin l ethvye MANAGEMENT FEES Tibpnurhcodelvu gideDdteei ,sp tbMrreuiacptnt a narhogataet ismlo imnec,no iattnel, ltd Arf iactncocato,e nurdcen icatwoiln rrigdteh ipan ongGrd toa ivnnRegder, c ntaormnrandneuinsnactgrla ilapS uetMdicoiratnens t,ao aegfrt eycbm .o S aeernrdvt imcSeeesre vftoiicnreg stsh-,C eae dDnmtirsiatnrli iscFttr.l oa trTiivdheae , s seLerrLvvCiic ceetsos, INFORMATION TECHNOLOGY Tfrs reehalreauv tdiDec dpeiss rtt,or otic celDtoc ituhsidoatrsn i s,cc tatoo’csnrc atoirnguaefnco ttrseimendrga vw tsiicoioetfnhst w Gsaayonrsvdetee , rsmtnaesbmr,vl eewetnrshst ai,f colph rMo misanientciealvutgeiden emgp sabe,y unA ttdi mSaoerbperelv e,ni mMcoeetisc n-lriCtomaestnioitotfertnd aO lat fFonfil dcove ri,pdi deretaooc,g . LrcaoLmnCf meforiren ngcco ifsnotgsr TWfceCiothrhcEseae.t wBp sDt SaaeiIlssrlT ts mEr1oi 8ccaMit9ia nA,ht teIFaeNdlsno TawrcnEioidcNtnhaetA , r mSNautcpCoatdtnEeuai dttt oeewrssi.,i n tTdhgho aGecnusodemv emserennartmiv nuiectpaenlisotn aaiilnnd Mgcs l, utahhndoeaes g Dtseiinimstgetre ainpcntet d’rsSf eodwrrovemmibcasaeniistnce-e C r ceearnnsetsearewtaeslasd lmF sil,noe w nraitedcsbca, os,s irLetdecLa uCbnr aciftceoyk r wu atpinhtshde, TELEPHONE Telephone and fax machine. POSTAGE cThheec kDsi sftorri cvte inndcourrss acnhda rogthese rf orer qmuiarielidn gco Brroeasrpdo nmdeeenticneg. agenda packages, invoices to third parties, PRINTING & BINDING cTohme pDuistterriiczte idn ccuhresc kcsh,a crogrerse sfopro nprdiennticneg, satnadti obninadryin, egt acg. enda packages for board meetings, printing of INSURANCE TInhseu rDainscteri Actl’lsia gnecne e(rFaIlA )li. aFbIiAli tsyp eacniadl izpeusb ilnic p rooffviicdiainlsg’ ilniasbuirlaitnyc ec ocovvereargaeg ei tso pgroovveirdnemd ebnyt atgheen cFileosr. ida 3 CHAMPIONSGATE COMMUNITY DEVELOPMENT DISTRICT GENERAL FUND BUDGET LEGAL ADVERTISING Advertising of monthly board meetings, public hearings, Oaodtrhvlaeenrr dtaiosd eSvdee nrfottiirsn ipenulg. b ltihca bt idmdainyg b, ie.e r. eaquudiirt esde.r vTihcees ,D einstgriincet eprui nbagln issdeh raevnsi yca els,l e mrovaf iicintetsse nlteahgnaactl e aa crdeov nreterrqtaiucstiinsre gad ni ndto a tnbhyee OTHER CURRENT CHARGES R fisecparle yseeanrt.s bank charges and any other miscellaneous charges that the District may incur during the OFFICE SUPPLIES fAonldye srus,p lpalbieesls ,t hpaatp emr acyli pnse, eedtc t. o be purchased during the fiscal year, e.g., paper, minute books, file PROPERTY APPRAISER FEES aRdempriensisetnrtast ioan sfeerev iccehsa. rged by Osceola County Property Appraiser’s office for assessment DUES, LICENSES & SUBSCRIPTIONS The District is required to pay an annual fee to the Department of Economic Opportunity for $175. OPERATIONS & MAINTENANCE: ONSITE MANAGEMENT LPiemrsiotendn Pela rutsneedr sthoi pm. aintain the District property. The District has contracted with Rida Associates Description Monthly Annual Onsite Management Services $12,300 $147,600 Total $147,600 PROPERTY INSURANCE sTpheec iDaliisztersic itn’s p prorovpideirntgy ininssuurraannccee c ocvoevreargaeg et oi sg opvreorvnimdeedn tbaly a Fgelonrciideas . Insurance Alliance (FIA). FIA 4 CHAMPIONSGATE COMMUNITY DEVELOPMENT DISTRICT GENERAL FUND BUDGET ELECTRIC To record cost of electric for projects, such as street lighting, electric for fountains. The District has the following utility accounts with Duke Energy. irrigation wells and Account# Address Monthly Annual 9100 8848 0869 8301 ChampionsGate Blvd Spkl D $350 $4,200 9100 8848 0132 8399 ChampionsGate Blvd Spkl E $800 $9,600 9100 8848 0637 8390 ChampionsGate Blvd TFLT $50 $600 9100 8848 1141 8397 ChampionsGate Blvd Spkl F $175 $2,100 9100 8848 1381 0 Championsgate Blvd Spkl G $200 $2,400 9100 8848 1589 1500 Berwick Dr Spkl $55 $660 9100 8848 1852 8380 ChampionsGate Blvd Spkl C $550 $6,600 9100 8848 2308 8300 ChampionsGate Blvd TFLT $45 $540 9101 5958 9866 81801 ChampionsGate Blvd Unit B (Fntn) $275 $3,300 Contingency $5,000 Total $35,000 WATER/SEWER TAou trheocroirtyd. the cost of running the fountains. The District has the following accounts with Toho Water Account# Address Monthly Annual 2587190-690100 100 ChampionsGate Blvd $35 $420 Contingency $80 Total $500 TRASH REMOVAL cTwooint htrr eWaccoatr sdstee tr Mhveiac neea xagpneedmn sehenastu . lrienlga toefd m tois cterlalsahn eaonuds irtuebmbsis. hT hree mDoisvtarli cot fh masi stcheel lafonleloowusin igt eumtisli, tyd uamccposutenrt Account# Address Monthly Annual 4-70186-52000 8390 ChampionsGate Blvd. Ste.104 $178 $2,139 Contingency $231 Total $2,370 5 CHAMPIONSGATE COMMUNITY DEVELOPMENT DISTRICT GENERAL FUND BUDGET LANDSCAPE MAINTENANCE CONTRACT The District has contracted with Weber Environmental Services, Inc. lsaynsdtesmca, ppirnegs ssuerrvinicge ws washhiicnhg ianncdlu lditet etur rrfe cmaorev,a slh. rubs/ground cover care, an ntuo alpsr, otrveide ec atrhee, irmriognattiholny Description Monthly Annual Landscape Maintenance Contract $12,126 $145,514 Contingency $7,276 Total $152,790 LANDSCAPE CONTINGENCY iTthemis sc antoetg ionrcylu wdielld b uen udseerd t hfoer l athned sacnanpuea cl opnatlrma cttr.e trimming as well as any miscellaneous landscape LAKE MAINTENANCE cToon rtercaoctredd e Txpheen Lsaekse f oDro tchtoe rms, oInntch. ly maintenance and contract services for the lakes. The District has Description Monthly Annual Lake Services $495 $5,940 Contingency $180 Total $6,120 FOUNTAIN MAINTENANCE Tdios trreiccto mrda ienxtpaeinnss.e Tsh feo Dr iesqtruiicpt mhaesn tc,o snutrpapcltieeds, wmitahin Ftoenuanntacien aDneds igconn Gtrraocutp s, eInrcv.i ces for fountains the Description Monthly Annual Fountain Services $350 $4,200 Fountain Quarterly Services @ $250 $1,000 Contingency $2,660 Total $7,860 IRRIGATION REPAIRS Monthly inspection and repairs of irrigation system. REPAIRS & MAINTENANCE To record the cost of any maintenance expenses not properly classified in any of the other accounts. LIGHTING Repair and replacement of lighting fixtures throughout the property. 6 CHAMPIONSGATE COMMUNITY DEVELOPMENT DISTRICT GENERAL FUND BUDGET PAINTING PUBLIC AREAS To record the cost of painting supplies and contact services for outside areas. TRAFFIC SIGNALS To record the cost to maintain all traffic signals per the Traffic Signal Contract. SIDEWALKS To record cost to maintain all sidewalks. SIGNAGE To record cost to maintain all signs within the District boundaries. SECURITY To record the expenses for security. District has contracted with Florida provide off-duty police security at a rate of $55.00 per hour. Highway Patrol trooper to MOSQUITO CONTROL haSncahsd e cmdounoltserqdau cimtteoad ip nwoteiptnuhal aCntlciaoer nkc eom Enosnnivsiittroso roninfm gme innots atqhl ueMi tfooos rqsmpu riotaofy lMiannagdn aiannggde mrlaaetrnev tic,c oIinducinn. tgs aanlodn lgi grhota tdrwapasy. sT ahned D pisattrhicst, TRANSFER OUT - CAPITAL RESERVE Funds transferred out to Capital Reserve for capital outlay expenses. 7 ChampionsGate Community Development District Proposed Budget FY2025 Capital Reserve Fund Adopted Actual FBYu2d0g2e4t 2/T2h9r/u24 P7r MoNjoeenxctttehds P9r/oT3joe0tca/t2le4d PFBrYou2pd0ogs2ee5td Revenues: ITnrtaenrsefsetr In $$ 1428,,020406 $$ 1422,,024969 $$ 1 4 , 0 1 - $$ 2426,,120406 $$ 4 2346,,040802 Total Revenues $ 60,246 $ 54,345 $ 14,001 $ 68,346 $ 460,482 Expenditures: CCaopntiitnalg Oenuctylay $$ 1 0 , 500000 $$ 9 6 , 119827 $$ 5 0 , 208000 $$ 1 4 6 , 417827 $$ 2 0 , 500000 Total Expenditures $ 100,500 $ 96,379 $ 50,280 $ 146,659 $ 200,500 Excess Revenues (Expenditures) $ (40,254) $ (42,034) $ (36,279) $ (78,313) $ 259,982 Fund Balance - Beginning $ 631,286 $ 684,621 $ - $ 684,621 $ 606,308 Fund Balance - Ending $ 591,032 $ 642,587 $ (36,279) $ 606,308 $ 866,290 Description Amount ABC Sealcoating and Paving Parking Lot Line Striping & Pavement Markings (Thermo Plastic) $ 25,072 Fountain Design Group IInnssttaallllaattiioonn ooff LCiabsrcaa dFelo Laatikneg FFoouunnttaaiinn $$ 1267,,261300 L.C. Electric, Inc. Electrical Wiriing Services for Fountain $ 27,275 Roadway Repairs (Estimated) $ 50,000 Total $ 146,187 Description Amount Roadway Milling & Paving - 1st Year Portion $ 200,000 Total $ 200,000 FY2024 Updated Expenses FY2025 Proposed Expenses 8