Saddle Creek Preserve of Polk County
Community Development District

Proposed Budget
FY2026

Table of Contents

1-2	General Fund	

3-7	

General Fund Narrative	

8	

Series 2020 Debt Service Fund	

9	

Series 2020 Amortization Schedule	

10	

Series 2022 Debt Service Fund	

11-12	

Series 2022 Amortization Schedule	

13	

Capital Reserve Fund	

	Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Proposed Budget	
Description	FY2025	3/31/25	6 Months	9/30/25	FY2026	

Revenues						
Assessments - On Roll	$	604,543	$	574,083	$	30,459	$	604,543	$	604,543	
Interest Income	$	-	$	5,478	$	2,739	$	8,217	$	4,108	
Total Revenues	$	604,543	$	579,561	$	33,198	$	612,760	$	608,651	

Expenditures						
Administrative
Supervisor Fees	

$	12,000	

$	3,800	

$	6,000	

$	9,800	

$	12,000	
FICA Expenses	$	-	$	122	$	459	$	581	$	918	
Engineer Fees	$	15,000	$	1,013	$	7,500	$	8,513	$	15,000	
Attorney Fees	$	25,000	$	18,970	$	12,500	$	31,470	$	25,000	
Annual Audit	$	7,500	$	-	$	7,200	$	7,200	$	7,500	
Assessment Administration	$	5,565	$	5,565	$	-	$	5,565	$	5,732	
Dissemination	$	7,875	$	3,938	$	3,936	$	7,874	$	8,111	
Arbitrage	$	900	$	900	$	-	$	900	$	900	
Trustee Fees	$	8,082	$	5,388	$	2,694	$	8,082	$	8,890	
Management Fees	$	45,000	$	22,500	$	22,500	$	45,000	$	46,350	
Information Technology	$	1,890	$	945	$	945	$	1,890	$	1,947	
Website Maintenance	$	1,260	$	630	$	630	$	1,260	$	1,298	
Postage & Delivery	$	500	$	433	$	150	$	583	$	500	
Insurance	$	6,500	$	6,161	$	-	$	6,161	$	6,777	
Copies	$	500	$	20	$	50	$	70	$	500	
Legal Advertising	$	2,500	$	3,305	$	1,652	$	4,957	$	3,000	
Other Current Charges	$	1,000	$	1,056	$	1,230	$	2,286	$	1,000	
Office Supplies	$	100	$	17	$	30	$	47	$	100	
Dues, Licenses & Subscriptions	$	175	$	175	$	-	$	175	$	175	
Total Administrative	$	141,347	$	74,937	$	67,477	$	142,413	$	145,698	

Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Proposed Budget	
Description	FY2025	3/31/25	6 Months	9/30/25	FY2026	

Operations & Maintenance
Field Expenditures
Property Insurance	

$	16,000	

$	12,114	

$	-	

$	12,114	

$	17,600	
Field Management	$	17,530	$	8,765	$	8,765	$	17,530	$	18,056	
Landscape Maintenance	$	107,400	$	53,187	$	50,157	$	103,344	$	117,400	
Landscape Replacement	$	25,000	$	410	$	12,500	$	12,910	$	25,000	
Mitigation Monitoring	$	4,600	$	-	$	2,300	$	2,300	$	4,600	
Lake Maintenance	$	18,180	$	7,575	$	10,605	$	18,180	$	18,180	
Streetlights	$	49,500	$	10,679	$	10,734	$	21,413	$	40,000	
Electric	$	5,500	$	1,904	$	2,406	$	4,310	$	5,500	
Water & Sewer	$	1,500	$	693	$	750	$	1,443	$	1,500	
Sidewalk & Asphalt Maintenance	$	2,500	$	18,865	$	2,500	$	21,365	$	2,500	
Irrigation Repairs	$	7,500	$	622	$	3,750	$	4,372	$	7,500	
Lift Station Maintenance	$	20,000	$	14,021	$	10,000	$	24,021	$	15,000	
General Repairs & Maintenance	$	10,000	$	7,441	$	5,000	$	12,441	$	12,000	
Contingency	$	7,000	$	1,950	$	3,500	$	7,500	$	7,000	
Subtotal Field Expenses	$	292,210	$	138,226	$	122,967	$	263,243	$	291,836	

Amenity Expenditures
Amenity - Electric	

$	14,400	

$	3,759	

$	7,200	

$	10,959	

$	14,400	
Amenity - Water	$	5,000	$	-	$	2,500	$	2,500	$	5,000	
Internet	$	1,650	$	776	$	780	$	1,556	$	1,650	
Pest Control	$	1,440	$	600	$	720	$	1,320	$	1,520	
Janitorial Service	$	10,200	$	4,080	$	4,170	$	8,250	$	14,000	
Security Services	$	30,000	$	574	$	15,000	$	15,574	$	30,000	
Pool Maintenance	$	19,200	$	7,075	$	9,905	$	16,980	$	19,200	
Amenity Repairs & Maintenance	$	10,000	$	1,960	$	5,000	$	6,960	$	12,000	
Amenity Management	$	10,000	$	5,000	$	4,998	$	9,998	$	10,300	
Contingency	$	10,000	$	250	$	500	$	750	$	10,000	
Subtotal Amenity Expenditures	$	111,890	$	24,074	$	50,773	$	74,847	$	118,070	
						
Total Operations & Maintenance	$	404,100	$	162,300	$	173,740	$	338,090	$	409,906	

Other Expenditures
Capital Reserves	

$	59,096	

$	59,113	

$	-	

$	59,113	

$	53,048	
Total Other Expenditures	$	59,096	$	59,113	$	-	$	59,113	$	53,048	

Total Expenditures	$	604,542	$	296,350	$	241,217	$	539,617	$	608,651	
						
Excess Revenues/(Expenditures)	$	0	$	283,211	$	(208,018)	$	73,143	$	-	

Net Assessments	$604,543	
Add: Discounts & Collections 7%		$45,503 	
Gross Assessments		$650,046 	
Product	Assessable Units	ERU/Unit	Net Assessment	Net Per Unit	Gross Per Unit	

Platted	
425	
1.00	
$604,543	
$1,422.45	
$1,529.52	
	425		$604,543			

REVENUES:

Assessments

The District will levy a non-ad valorem assessment on all the assessable property within the District to pay for operating expenditures during the fiscal year.

Interest

The District receives interest earnings from its cash balance in the operating account.

EXPENDITURES:

Administrative:

Supervisor Fees

Chapter 190, Florida Statutes, allows for each Board member to receive $200 per meeting, not to exceed
$4,800 per year paid to each Supervisor for the time devoted to District business and meetings.

FICA Expenses

Represents the Employer's share of Social Security and Medicare taxes withheld from Board of Supervisors checks.

Engineering

The District's engineer, Landmark Engineering & Surveying, provides general engineering services to the District, e.g. attendance and preparation for monthly board meetings, review invoices and various projects as directed by the Board of Supervisors and the District Manager.

Attorney

The District's legal counsel, Kilinski I Wyk, PLLC, provides general legal services to the District, e.g. attendance and preparation for meetings, preparation and review of agreements, resolutions, etc. 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 is currently contracted with Grau and Associates for these services.

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.

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. This cost is based upon the Series 2020 and Series 2022 bonds. Governmental Management Services-Central Florida, LLC, provides these services.

Arbitrage

The District will contract with an independent certified public accountant to annually calculate the District’s Arbitrage Rebate Liability on its Series 2020 and 2022 bonds.

Trustee Fees

The District will incur trustee related costs with the issuance of its’ issued bonds.

Management Fees

The District receives Management, Accounting and Administrative services as part of a Management Agreement with Governmental Management Services-Central Florida, LLC. The services include but are not limited to, recording and transcription of board meetings, administrative services, budget preparation, all financial reports, annual audits, etc.

Information Technology

Represents various cost of information technology for the District such as video conferencing, cloud storage and servers, positive pay implementation and programming for fraud protection, accounting software, tablets for meetings, Adobe, Microsoft Office, etc. Governmental Management Services-Central Florida, LLC, provides these services.
Website Maintenance

Represents the 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. Governmental Management Services-Central Florida, LLC, provides these services.

Postage & Delivery

The District incurs charges for mailing overnight deliveries, correspondence, etc.

Insurance

The District’s general liability and public official’s liability insurance coverage is provided by the Florida Insurance Alliance (FIA). FIA specializes in providing insurance coverage to governmental agencies.

Copies

Printing agenda materials for board meetings, printing of computerized checks, stationary, envelopes etc.

Legal Advertising

The District is required to advertise various notices for monthly Board meetings, public hearings, etc. in a newspaper of general circulation.

Other Current Charges

Bank charges and any other miscellaneous expenses incurred during the year.

Office Supplies

Any supplies that may need to be purchased during the fiscal year, e.g., paper, minute books, file folders, labels, paper clips, etc.

Dues, Licenses & Subscriptions

The District is required to pay an annual fee to the Florida Department of Economic Opportunity for $175. This is the only expense under this category for the District.

Operations & Maintenance:

Field Expenditures

Property Insurance

The District’s property insurance coverage is provided by the Florida Insurance Alliance (FIA). FIA specializes in providing insurance coverage to governmental agencies.

Field Management

Represents the estimated costs of contracting services that provide onsite field management of contracts for the District such as landscape and lake maintenance. These services are provided by Governmental Management Services-Central Florida, LLC. Services provided include onsite inspections, meetings with contractors, monitoring of utility accounts, attend Board meetings and receive and respond to property owner phone calls and emails.

Landscape Maintenance

The District has contracts with Prince & Sons, Inc. to provide landscaping services throughout the District. These services include mowing, edging, trimming, cleanup, detailing and pruning as well as maintenance of the irrigation systems.

Landscape Replacement

Represents the estimated cost of replacing landscaping within the common areas of the District.

Mitigation Monitoring

To provide scheduled monitoring of mitigation areas located throughout the District.

Lake Maintenance

The District has contracted with Sitex Aquatics for the care and maintenance of its ponds which includes shoreline grass, brush, and vegetation control.

Streetlights

Represents the cost to maintain streetlights currently in place within the District Boundaries.

Electric

Represents current and estimated electric charges of common areas throughout the District.

Water & Sewer

Represents current and estimated costs for water and refuse services provided for common areas throughout the District.

Sidewalk & Asphalt Maintenance

Represents the estimated costs of maintaining the sidewalks and asphalt throughout the District’s Boundary.

Irrigation Repairs

Represents the cost of maintaining and repairing the irrigation system. This includes the sprinklers, and irrigation wells.

Lift Station Maintenance

Estimated cost for repairs and maintenance to the 3 lift stations owned and maintained by the District.

General Repairs & Maintenance

Represents estimated costs for general repairs and maintenance of the District’s common areas. These can include pressure washing, and repairs to fences, monuments, lighting, and other assets.
Contingency

Represents funds allocated to expenses that the District could incur throughout the fiscal year that do not fit into any field category.

Amenity Expenditures

Amenity - Electric

Represents estimated electric charges for the District’s amenity facilities.

Amenity – Water

Represents estimated water charges for the District’s amenity facilities.

Internet

Represents internet service for use at the Amenity Facilities. Services are provided by Spectrum.

Pest Control

The District will incur costs for pest control treatments to its amenity facilities.

Janitorial Services

Represents the estimated costs to provide janitorial services 3 times a week and supplies for the District’s amenity facilities.

Security Services

Represents the estimated cost of contracting a monthly security service for the District’s amenity facilities.

Pool Maintenance

Represents the costs of regular cleaning and treatments of the District’s pool.

Amenity Repairs & Maintenance

Represents estimated costs for repairs and maintenance of the District’s amenity facilities.

Amenity Management

Amenity Management provides access card issuance through registration, proof of residency, and photo identification. The team also provides keycard troubleshooting for issues and concerns related to access control. Staff reviews security concerns and amenity policy violations via remote camera monitoring on an as-needed basis. Districts are provided electronic communication for District news and direct remote customer service through phone and email directly to the Amenity Access Team.

Contingency

Represents funds allocated to expenses that the District could incur throughout the fiscal year that do not fit into any amenity category.

Other Expenditures:
Capital Reserves

Funds collected and reserved for the replacement of and/or purchase of new capital improvements throughout the District.

Saddle Creek Preserve of Polk County
Community Development District Proposed Budget
Debt Service Fund Series 2020

	Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Proposed Budget	
Description	FY2025	3/31/25	6 Months	9/30/25	FY2026	

Revenues						
Special Assessments	$	313,500	$	297,827	$	15,673	$	313,500	$	313,500	
Interest Income	$	3,460	$	6,632	$	3,316	$	9,948	$	4,974	
Carry Forward Surplus	$	132,904	$	144,632	$	-	$	144,632	$	154,180	
Total Revenues	$	449,864	$	449,092	$	18,989	$	468,080	$	472,654	
Expenses
Interest- 12/15	

$	96,950	

$	96,950	

$	-	

$	96,950	

$	95,450	
Principal - 6/15	$	120,000	$	-	$	120,000	$	120,000	$	120,000	
Interest - 6/15	$	96,950	$	-	$	96,950	$	96,950	$	95,450	
Total Expenditures	$	313,900	$	96,950	$	216,950	$	313,900	$	310,900	
						
Excess Revenues/(Expenditures)	$	135,964	$	352,142	$	(197,961)	$	154,180	$	161,754	

*Carry forward less amount in Reserve funds.						
				Series 2020		
Interest - 12/15/26 	$93,650	
Total 	$93,650	

Product	
Assessable Units	Maximum Annual Debt Service	Net Assessment Per Unit	Gross Assessment Per Unit	
Single Family - 40'	89	$111,161	$1,250	$1,344	
Single Family - 50'	135	$202,339	$1,500	$1,612	
	224	$313,500			

Saddle Creek
Community Development District
Series 2020 Special Assessment Bonds

AMORTIZATION SCHEDULE

DATE		BALANCE		PRINCIPAL		INTEREST		TOTAL	
									
12/15/25	$	4,935,000.00	$	-	$	95,450.00	$	312,400.00	
06/15/26	$	4,935,000.00	$	120,000.00	$	95,450.00	$	-	
12/15/26	$	4,815,000.00	$	-	$	93,650.00	$	309,100.00	
06/15/27	$	4,815,000.00	$	125,000.00	$	93,650.00	$	-	
12/15/27	$	4,690,000.00	$	-	$	91,775.00	$	310,425.00	
06/15/28	$	4,690,000.00	$	130,000.00	$	91,775.00	$	-	
12/15/28	$	4,560,000.00	$	-	$	89,825.00	$	311,600.00	
06/15/29	$	4,560,000.00	$	135,000.00	$	89,825.00	$	-	
12/15/29	$	4,425,000.00	$	-	$	87,800.00	$	312,625.00	
06/15/30	$	4,425,000.00	$	140,000.00	$	87,800.00	$	-	
12/15/30	$	4,285,000.00	$	-	$	85,700.00	$	313,500.00	
06/15/31	$	4,285,000.00	$	145,000.00	$	85,700.00	$	-	
12/15/31	$	4,140,000.00	$	-	$	82,800.00	$	313,500.00	
06/15/32	$	4,140,000.00	$	150,000.00	$	82,800.00	$	-	
12/15/32	$	3,990,000.00	$	-	$	79,800.00	$	312,600.00	
06/15/33	$	3,990,000.00	$	155,000.00	$	79,800.00	$	-	
12/15/33	$	3,835,000.00	$	-	$	76,700.00	$	311,500.00	
06/15/34	$	3,835,000.00	$	160,000.00	$	76,700.00	$	-	
12/15/34	$	3,675,000.00	$	-	$	73,500.00	$	310,200.00	
06/15/35	$	3,675,000.00	$	165,000.00	$	73,500.00	$	-	
12/15/35	$	3,510,000.00	$	-	$	70,200.00	$	308,700.00	
06/15/36	$	3,510,000.00	$	175,000.00	$	70,200.00	$	-	
12/15/36	$	3,335,000.00	$	-	$	66,700.00	$	311,900.00	
06/15/37	$	3,335,000.00	$	180,000.00	$	66,700.00	$	-	
12/15/37	$	3,155,000.00	$	-	$	63,100.00	$	309,800.00	
06/15/38	$	3,155,000.00	$	190,000.00	$	63,100.00	$	-	
12/15/38	$	2,965,000.00	$	-	$	59,300.00	$	312,400.00	
06/15/39	$	2,965,000.00	$	195,000.00	$	59,300.00	$	-	
12/15/39	$	2,770,000.00	$	-	$	55,400.00	$	309,700.00	
06/15/40	$	2,770,000.00	$	205,000.00	$	55,400.00	$	-	
12/15/40	$	2,565,000.00	$	-	$	51,300.00	$	311,700.00	
06/15/41	$	2,565,000.00	$	215,000.00	$	51,300.00	$	-	
12/15/41	$	2,350,000.00	$	-	$	47,000.00	$	313,300.00	
06/15/42	$	2,350,000.00	$	220,000.00	$	47,000.00	$	-	
12/15/42	$	2,130,000.00	$	-	$	42,600.00	$	309,600.00	
06/15/43	$	2,130,000.00	$	230,000.00	$	42,600.00	$	-	
12/15/43	$	1,900,000.00	$	-	$	38,000.00	$	310,600.00	
06/15/44	$	1,900,000.00	$	240,000.00	$	38,000.00	$	-	
12/15/44	$	1,660,000.00	$	-	$	33,200.00	$	311,200.00	
06/15/45	$	1,660,000.00	$	250,000.00	$	33,200.00	$	-	
12/15/45	$	1,410,000.00	$	-	$	28,200.00	$	311,400.00	
06/15/46	$	1,410,000.00	$	260,000.00	$	28,200.00	$	-	
12/15/46	$	1,150,000.00	$	-	$	23,000.00	$	311,200.00	
06/15/47	$	1,150,000.00	$	270,000.00	$	23,000.00	$	-	
12/15/47	$	880,000.00	$	-	$	17,600.00	$	310,600.00	
06/15/48	$	880,000.00	$	280,000.00	$	17,600.00	$	-	
12/15/48	$	600,000.00	$	-	$	12,000.00	$	309,600.00	
06/12/49	$	600,000.00	$	295,000.00	$	12,000.00	$	-	
12/15/49	$	305,000.00	$	-	$	6,100.00	$	313,100.00	
06/15/50	$	305,000.00	$	305,000.00	$	6,100.00	$	311,100.00	
			$	4,935,000.00	$	2,941,400.00	$	8,093,350.00	

Saddle Creek Preserve of Polk County
Community Development District Proposed Budget
Debt Service Fund Series 2022

	Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Proposed Budget	
Description	FY2025	3/31/25	6 Months	9/30/25	FY2026	

Revenues						
Special Assessments	$	287,653	$	273,605	$	14,048	$	287,653	$	288,301	
Interest Income	$	2,650	$	7,158	$	3,579	$	10,738	$	5,369	
Carry Forward Surplus	$	213,549	$	225,146	$	-	$	225,146	$	235,253	
Total Revenues	$	503,852	$	505,909	$	17,628	$	523,537	$	528,922	

Expenses						
Interest- 12/15	$	87,364	$	87,364	$	-	$	87,364	$	85,920	
Principal - 12/15	$	115,000	$	115,000	$	-	$	115,000	$	115,000	
Interest - 6/15	$	85,920	$	-	$	85,920	$	85,920	$	84,411	
Total Expenditures	$	288,284	$	202,364	$	85,920	$	288,284	$	285,331	
						
Excess Revenues/(Expenditures)	$	215,568	$	303,545	$	(68,292)	$	235,253	$	243,592	

*Carry forward less amount in Reserve funds.						
				Series 2022 Principal - 12/15/26	
$115,000	
Interest - 12/15/26 	$84,411	
Total 	$199,411	

Product	
Assessable Units	Maximum Annual Debt Service	
Net Assessment Per Unit	Gross Assessment Per Unit	
Single Family - 40'	53	$	66,228	$1,250	$1,344	
Single Family - 50'	148	$	222,073	$1,500	$1,612	
	201	$	288,301			

DATE		BALANCE		PRINCIPAL		INTEREST		TOTAL	
									
12/15/25	$	4,805,000.00	$	115,000.00	$	85,920.00	$	-	
06/15/26	$	4,690,000.00	$	-	$	84,410.63	$	285,330.63	
12/15/26	$	4,690,000.00	$	115,000.00	$	84,410.63	$	-	
06/15/27	$	4,455,000.00	$	-	$	82,901.25	$	282,311.88	
12/15/27	$	4,455,000.00	$	120,000.00	$	82,901.25	$	-	
06/15/28	$	4,455,000.00	$	-	$	81,326.25	$	284,227.50	
12/15/28	$	4,455,000.00	$	125,000.00	$	81,326.25	$	-	
06/15/29	$	4,330,000.00	$	-	$	79,388.75	$	285,715.00	
12/15/29	$	4,330,000.00	$	125,000.00	$	79,388.75	$	-	
06/15/30	$	4,205,000.00	$	-	$	77,451.25	$	281,840.00	
12/15/30	$	4,205,000.00	$	130,000.00	$	77,451.25	$	-	
06/15/31	$	4,075,000.00	$	-	$	75,436.25	$	282,887.50	
12/15/31	$	4,075,000.00	$	135,000.00	$	75,436.25	$	-	
06/15/32	$	3,800,000.00	$	-	$	73,343.75	$	283,780.00	
12/15/32	$	3,800,000.00	$	140,000.00	$	73,343.75	$	-	
06/15/33	$	3,800,000.00	$	-	$	71,173.75	$	284,517.50	
12/15/33	$	3,800,000.00	$	145,000.00	$	71,173.75	$	-	
06/15/34	$	3,655,000.00	$	-	$	68,745.00	$	284,918.75	
12/15/34	$	3,800,000.00	$	150,000.00	$	68,745.00	$	-	
06/15/35	$	3,800,000.00	$	-	$	66,232.50	$	284,977.50	
12/15/35	$	3,655,000.00	$	155,000.00	$	66,232.50	$	-	
06/15/36	$	3,655,000.00	$	-	$	63,636.25	$	284,868.75	
12/15/36	$	3,505,000.00	$	160,000.00	$	63,636.25	$	-	
06/15/37	$	3,505,000.00	$	-	$	60,956.25	$	284,592.50	
12/15/37	$	3,350,000.00	$	165,000.00	$	60,956.25	$	-	
06/15/38	$	3,350,000.00	$	-	$	58,192.50	$	284,148.75	
12/15/38	$	3,190,000.00	$	170,000.00	$	58,192.50	$	-	
06/15/39	$	3,190,000.00	$	-	$	55,345.00	$	283,537.50	
12/15/39	$	3,025,000.00	$	175,000.00	$	55,345.00	$	-	
06/15/40	$	3,025,000.00	$	-	$	52,413.75	$	282,758.75	
12/15/40	$	2,855,000.00	$	180,000.00	$	52,413.75	$	-	
06/15/41	$	2,855,000.00	$	-	$	49,398.75	$	281,812.50	
12/15/41	$	2,680,000.00	$	185,000.00	$	49,398.75	$	-	
06/15/42	$	2,315,000.00	$	-	$	46,300.00	$	280,698.75	
12/15/42	$	2,315,000.00	$	190,000.00	$	46,300.00	$	-	
06/15/43	$	2,125,000.00	$	-	$	42,500.00	$	278,800.00	
12/15/43	$	2,125,000.00	$	200,000.00	$	42,500.00	$	-	
06/15/44	$	1,925,000.00	$	-	$	38,500.00	$	281,000.00	
12/15/44	$	1,925,000.00	$	210,000.00	$	38,500.00	$	-	
06/15/45	$	1,715,000.00	$	-	$	34,300.00	$	282,800.00	
12/15/45	$	1,715,000.00	$	215,000.00	$	34,300.00	$	-	
06/15/46	$	1,500,000.00	$	-	$	30,000.00	$	279,300.00	
12/15/46	$	1,500,000.00	$	225,000.00	$	30,000.00	$	-	
06/15/47	$	1,275,000.00	$	-	$	25,500.00	$	280,500.00	

DATE		BALANCE		PRINCIPAL		INTEREST		TOTAL	

12/15/47	
$	
1,275,000.00	
$	
235,000.00	
$	
25,500.00	
$	
-	
06/15/48	$	1,040,000.00	$	-	$	20,800.00	$	281,300.00	
12/15/48	$	1,040,000.00	$	245,000.00	$	20,800.00	$	-	
06/15/49	$	795,000.00	$	-	$	15,900.00	$	281,700.00	
12/15/49	$	795,000.00	$	255,000.00	$	15,900.00	$	-	
06/15/50	$	540,000.00	$	-	$	10,800.00	$	281,700.00	
12/15/50	$	540,000.00	$	265,000.00	$	10,800.00	$	-	
06/15/51	$	275,000.00	$	-	$	5,500.00	$	281,300.00	
12/15/51	$	275,000.00	$	275,000.00	$	5,500.00	$	280,500.00	
			$	4,805,000.00	$	2,826,823.75	$	7,631,823.75	

Saddle Creek Preserve of Polk County
Community Development District

Proposed Budget Capital Reserve

	Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Proposed Budget	
Description	FY2025	3/31/25	6 Months	9/30/25	FY2026	

REVENUES:						
Beginning Fund Balance	$	56,726	$	90,854	$	-	$	1,094	$	63,473	
Interest Income	$	-	$	2,189	$	1,094	$	3,283	$	1,642	
TOTAL REVENUES	$	56,726	$	93,043	$	1,094	$	4,378	$	65,115	

EXPENDITURES:						
Capital Outlay	$	-	$	-	$	-	$	-	$	-	
TOTAL EXPENDITURES	$	-	$	-	$	-	$	-	$	-	

OTHER SOURCES/(USES)						
Transfer In	$	59,096	$	59,096	$	-	$	59,096	$	53,048	
TOTAL OTHER SOURCES/(USES)	$	59,096	$	59,096	$	-	$	59,096	$	53,048	
						
EXCESS REVENUES	$	115,822	$	152,138	$	1,094	$	63,473	$	118,163