ChampionsGate
Community Development District

Proposed Budget FY2027

Table of Contents

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8

	General Fund

	General Fund Narrative

	Capital Reserve Fund

ChampionsGate
Community Development District Proposed Budget
FY2027
General Fund

Adopted
Budget	Actual
Thru	Projected
Next	Total
Projected	Proposed
Budget	
FY2026	3/31/26	6 Months	9/30/26	FY2027	

Revenues:		
Special Assessments	$	729,046	$	704,982	$	24,064	$	729,046	$	729,046	
Interest	6,000	6,050	7,250	13,300	10,000	
Carry Forward Surplus*	31,736	42,353	-	42,353	39,989	
Total Revenues	$	766,782	$	753,385	$	31,314	$	784,699	$	779,035	
Expenditures:						
Administrative:						
Supervisor Fees	$	6,000	$	1,000	$	3,000	$	4,000	$	6,000	
FICA Expense	459	77	230	306	459	
Engineering Fees	10,000	-	5,000	5,000	10,000	
Attorney	22,500	6,754	10,121	16,875	22,500	
Annual Audit	3,700	3,700	-	3,700	3,800	
Assessment Administration	5,408	5,408	-	5,408	5,624	
Management Fees	43,775	21,888	21,888	43,775	45,526	
Information Technology	1,948	974	974	1,948	2,026	
Website Maintenance	1,514	757	757	1,514	1,575	
Telephone	100	-	50	50	100	
Postage	500	149	201	350	500	
Printing & Binding	300	-	150	150	300	
Insurance	15,889	14,500	-	14,500	15,950	
Legal Advertising	2,500	-	2,500	2,500	2,500	
Other Current Charges	2,000	854	846	1,700	2,000	
Office Supplies	125	2	60	63	125	
Property Appraiser Fee	400	-	400	400	400	
Dues, Licenses & Subscriptions	175	175	-	175	175	
Total Administrative:	$	117,293	$	56,238	$	46,176	$	102,414	$	119,560	
Operations & Maintenance						
Onsite Management	$	147,600	$	73,799	$	73,801	$	147,600	$	147,600	
Property Insurance	46,963	42,687	-	42,687	42,700	
Electric	36,000	12,767	16,108	28,875	36,000	
Water & Sewer	500	108	142	250	500	
Trash Removal	3,977	1,815	2,114	3,929	3,977	
Landscape Maintenance	179,313	87,656	87,656	175,313	184,079	
Landscape Contingency	20,000	7,662	7,338	15,000	20,000	
Lake Maintenance	6,240	2,820	2,820	5,640	6,240	
Fountain Maintenance	8,320	2,257	2,910	5,167	8,320	
Irrigation Repairs	20,000	27,757	20,000	47,757	35,000	
Repairs & Maintenance	6,000	9,597	2,903	12,500	10,000	
Lighting	10,000	2,927	4,573	7,500	10,000	
Painting Public Areas	2,500	542	708	1,250	2,500	
Traffic Signals	10,000	5,276	3,932	9,208	10,000	
Sidewalks	30,000	19,825	-	19,825	30,000	
Signage	3,500	497	1,004	1,500	3,500	
Security	70,000	33,650	36,350	70,000	70,000	
Mosquito Control	9,556	3,092	6,183	9,275	9,553	
Total Operations & Maintenance:	$	610,469	$	334,734	$	268,542	$	603,276	$	629,969	
Reserves						
Capital Reserve Transfer	$	39,020	$	39,020	$	-	$	39,020	$	29,506	
Total Reserves	$	39,020	$	39,020	$	-	$	39,020	$	29,506	
						
Total Expenditures	$	766,782	$	429,992	$	314,718	$	744,710	$	779,034	
						
Excess Revenues (Expenditures)	$	0	$	323,393	$	(283,404)	$	39,989	$	0	

*Less 1st Quarter Operating				

Net Assessment	

$729,046	
				Collection Cost (6%)	$46,535	
				Gross Assessment	$775,581	

REVENUES:

Special Assessments – Tax Collector

The District will levy a non-ad valorem special assessment on all the assessable property within the District in order to fund all the 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 6 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, Hanson, Walter & Associates, Inc.., 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, Clark & Albaugh, PLLC, will be providing general legal services to the District, e.g. attendance and preparation for board meetings, preparation and review of agreements and resolutions, and other research assigned as directed by the Board of Supervisors and the District Manager.

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 Grau and Associates for this service.

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 service, 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 the costs associated with monitoring and maintaining the District’s website created in accordance with Chapter 189, Florida Statues. 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 fiscal 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 an annual fee charged by Osceola County Property Appraiser’s office for assessment administration services.

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.

Onsite Management

Provide onsite 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.

Description	Monthly	Annual	
Onsite Management Services	$12,300	$147,600	
Total		$147,600	

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 areas within the District. Areas include irrigation electric meters, fountains, etc. District currently has the following accounts with Duke Energy.

Account#	Address	Monthly	Annual	
9100 8848 0869	8301 ChampionsGate Blvd Spkl D	$300	$3,600	
9100 8848 0132	8399 ChampionsGate Blvd Spkl E	$700	$8,400	
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	$150	$1,800	
9100 8848 1852	8380 ChampionsGate Blvd Spkl C	$650	$7,800	
9100 8848 2308	8300 ChampionsGate Blvd TFLT	$45	$540	
9101 5958 0239	81801 ChampionsGate Blvd Unit A (Fntn)	$350	$4,200	
9101 5958 9866	81801 ChampionsGate Blvd Unit B (Fntn)	$400	$4,800	
	Contingency		$2,160	
Total			$36,000	

Water & Sewer

Represents cost for water services for areas within the District. The District currently has the following account with Toho Water Authority.

Account#	Address	Monthly	Annual	
2587190-690100	100 ChampionsGate Blvd Contingency	$35	$420
$80	
Total			$500	

Trash Removal

Represents cost for trash removal services. The District currently has the following account with Waste Management.

Account#	Address	Monthly	Annual	
4-70186-52000	Trash Services (October - June)	$308	$2,775	
	Trash Services (July - September)	$401	$1,202	
Total			$3,977	

Landscape Maintenance

The District will maintain the landscaping within the common areas of the District after installation of landscape material has been completed. The District has contracted with Weber Environmental Services, Inc. for this service.

Description	Monthly	Annual	
Landscape Maintenance - SS CDD	$20,612	$247,344	
Landscape Maintenance - SSC CDD	$16,366	$196,392	
Fox North & X Tract	$2,195	$26,340	
Palm Trimming		$28,320	
Contingency - 3% Increase		$14,102	
Total		$512,498	

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 cost for maintenance to the ponds located within the District. The District has contracted with The Lake Doctors. Inc. for the inspections, treatment and prevention of noxious aquatic weeds and algae.

Description	Monthly	Annual	
Lake Services Contingency	$505	$6,060
$180	
Total		$6,240	

Fountain Maintenance

Represents repair and maintenance cost to the fountain structures maintained by the District. The District has contacted with Fountain Design Group, inc. for this service.

Description	Monthly	Annual	
Fountain Services	$360	$4,320	
Fountain Quarterly Services @ $250		$1,000	
Contingency		$3,000	
Total	$8,320	

Irrigation Repairs

Represents estimated costs for any supplies and repairs to the irrigation system maintained by the District.

Repairs & Maintenance

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

Lighting

Represents estimated cost to repair, replace and maintain lighting fixtures maintained by the District.

Painting Public Areas

Represents estimated cost of painting supplies and services for areas maintained by the District.

Traffic Signals

Represents cost for monthly maintenance and any repairs on all traffic signals maintained by the District. The District has contracted with Traffic Engineering and Management LLC for this service.

Sidewalks

Represents estimated cost to repair and maintain sidewalks within the District.

Signage

Represents estimated cost for any unforeseen repairs or replacement for all signs maintained by the District.

Security

Represents security services for off duty enforcement provided by Florida Highway Patrol. Security services are provided at a rate of $65.00 per hour.

Mosquito Control

Represents scheduled maintenance of mosquito spraying and larviciding along roadways and paths, and mosquito population monitoring in the form of landing rate counts and light traps. The District has contact with Clarke Environmental Mosquito Management, inc. for this service.

Description	Monthly	Annual	
Mosquito Management Services - 9 Months	$1,061	$9,553	
Total	$9,553	

Transfer Out – Capital Reserve

Represents proposed amount to transfer to the Capital Reserve fund.

ChampionsGate
Community Development District Proposed Budget
FY2027
Capital Reserve Fund

Adopted
Budget	Actual
Thru	Projected
Next	Total
Projected	Proposed
Budget	
FY2026	3/31/26	6 Months	9/30/26	FY2027	

Revenues:		
Transfer In	$	39,020	$	39,020	$	-	$	39,020	$	29,506	
Interest	30,000	21,347	21,000	42,347	15,000	
Total Revenues	$	69,020	$	60,367	$	21,000	$	81,367	$	44,506	

Expenditures:						
Contingency	$	550	$	258	$	258	$	516	$	550	
Capital Outlay	200,000	-	-	-	600,000	
Total Expenditures	$	200,550	$	258	$	258	$	516	$	600,550	
						
Excess Revenues (Expenditures)	$	(131,530)	$	60,109	$	20,742	$	80,851	$	(556,044)	
						
Fund Balance - Beginning	$	1,094,721	$	1,105,772	$	-	$	1,105,772	$	1,186,623	
						
Fund Balance - Ending	$	963,191	$	1,165,881	$	20,742	$	1,186,623	$	630,579	

FY2026 Updated Expenses	
Description	Amount	
	
Total	$	-	

FY2027 Proposed Expenses	
Description	Amount	
Roadway Milling & Paving	$	600,000	
Total	$	600,000