East Homestead

Community Development District

Proposed Budget
Fiscal Year 2025

Presented by:

		Adopted Budget	Actuals Through	
Projected Next	Projected Through	Proposed Budget	
	Description	Fiscal Year 2024	2/29/24	7 Months	9/30/24	Fiscal Year 2025	

REVENUES:							

Special Assessments - Tax Roll	
$	1,751,202	
$	1,651,973	
$	99,229	
$	1,751,202	
$	1,751,202	
Clubhouse Income	17,000	9,847	8,862	18,709	17,000	
Interest Income	5,000	6,842	6,158	13,000	10,000	
Insurance Proceeds	-	6,036	-	6,036	-	
Miscellaneous Income	-	490	-	490	-	
TOTAL REVENUES	$ 1,773,202	$ 1,675,187	$	114,249	$ 1,789,436	$ 1,778,202	

EXPENDITURES:						
General and Administrative						
Supervisor Fees	$	12,000	$	3,200	$	7,600	$	10,800	$	12,000	
Payroll Taxes	918	245	581	826	918	
Engineering	12,000	600	7,000	7,600	10,000	
Attorney	32,000	9,898	18,667	28,564	32,000	
Annual Audit	6,500	1,000	5,500	6,500	6,500	
Assessment Roll Administration	2,000	2,000	-	2,000	2,000	
Arbitrage Calculation	1,800	600	1,200	1,800	1,800	
Dissemination Agent	3,750	1,563	2,188	3,750	3,750	
Trustee Fees	8,041	2,020	6,061	8,081	12,206	
Management Fees	48,361	20,150	28,210	48,361	50,779	
Information Technology	1,000	417	583	1,000	1,000	
Website Maintenance	2,500	1,042	1,458	2,500	2,500	
Postage and Delivery	900	226	525	751	900	
Insurance General Liability	9,928	9,341	-	9,341	10,275	
Printing and Binding	500	487	682	1,169	1,200	
Rental and Leases	2,400	1,000	1,400	2,400	2,400	
Legal Advertising	1,000	881	1,233	2,113	2,000	
Other Current Charges	2,000	803	1,167	1,970	2,000	
Office Supplies	250	-	146	146	250	
Dues, Licenses and Subscriptions	175	175	-	175	175	
TOTAL GENERAL AND ADMINISTRATIVE	$	148,022	$	55,646	$	84,201	$	139,847	$	154,652	

Description

Adopted Budget Fiscal Year
2024

Actuals	Projected
Through	Projected Next	Through 2/29/24		7 Months	 9/30/24

Proposed Budget Fiscal Year
2025

Operations and Maintenance		
Field Expenditures		
Field Management	$	23,518	$	9,799	$	13,719	$	23,518	$	24,694	
Electricity	54,000	21,408	29,972	51,380	54,000	
Landscape Maintenance	384,775	159,006	214,563	373,568	384,775	
Fertilization and Pest Control	49,440	20,000	28,000	48,000	49,440	
Tree Care Services	23,980	500	23,480	23,980	23,980	
Landscape Materials	50,000	7,985	42,015	50,000	50,000	
Irrigation Maintenance and Repairs	20,000	1,450	13,333	14,783	15,000	
Lake Maintenance	10,880	4,533	6,347	10,880	10,880	
Pressure Washing	10,000	17,125	-	17,125	18,000	
Lights Repair and Maintenance	2,000	825	1,167	1,992	2,000	
Community Maintenance/Repairs	20,000	13,175	8,333	21,508	20,000	
Sign/Decor Maintenance	1,000	-	1,000	1,000	1,000	
Stormwater Services/Culvert Cleaning	20,000	-	20,000	20,000	20,000	
Holiday Decorations	42,240	27,695	11,137	38,831	42,240	
Sidewalk Repairs	20,000	-	20,000	20,000	20,000	
Special Projects	25,000	6,385	18,615	25,000	25,000	
Off Duty Police Services	7,200	1,219	5,120	6,339	7,200	
Contingency	20,000	1,000	11,667	12,667	14,000	
TOTAL FIELD EXPENDITURES	$	784,033	$	292,106	$	468,466	$	760,572	$	782,209	

Clubhouse Expenditures						
Active Video Monitoring	$	40,132	$	17,697	$	22,487	$	40,184	$	41,390	
Alarm/Fire Alarm Monitoring	2,100	1,050	1,050	2,100	2,100	
Fitness Equipment Maintenance	5,000	2,337	2,917	5,254	5,000	
Equipment Repair	5,000	1,300	2,917	4,217	5,000	
Electric	70,000	29,357	41,100	70,458	70,000	
Cable/Internet Services	4,600	1,889	2,645	4,534	4,600	
Holiday Lighting/Decorations	11,428	1,777	9,651	11,428	11,428	
Property Insurance	58,715	61,076	-	61,076	67,184	
Landscape Maintenance	28,710	11,962	16,747	28,710	28,710	
Landscape Replacement	8,000	735	7,265	8,000	8,000	
License, Music	1,900	1,966	-	1,966	2,000	
Irrigation Maintenance and Repairs	4,000	-	4,000	4,000	4,000	
Janitorial Supplies	8,500	3,259	4,562	7,821	8,500	
Office Supplies/Clubhouse Supplies	8,200	1,617	4,783	6,400	8,200	
Onsite Club Management	54,755	23,380	31,414	54,794	54,755	
Onsite Club Employees	203,454	75,796	116,726	192,522	203,454	
Payroll Taxes	15,564	5,799	8,930	14,728	15,564	
Workers Compensation Insurance	1,815	1,530	-	1,530	1,815	
Employees' Health Insurance	26,118	4,031	8,896	12,927	26,118	
Pest Control	1,200	550	550	1,100	1,200	
Pool and Spa Maintenance	68,000	25,133	38,750	63,883	68,000	
Pool and Spa Repairs	10,000	-	15,875	15,875	10,000	
Permits	1,000	-	1,000	1,000	1,000	
Nonroutine Pool Cleaning	2,000	3,180	-	3,180	2,000	
Repairs and Maintenance	65,000	41,347	37,917	79,264	80,000	

Description

Adopted Budget Fiscal Year
2024

Actuals	Projected
Through	Projected Next	Through 2/29/24		7 Months	 9/30/24

Proposed Budget Fiscal Year
2025

Special Events	6,000	672	5,328	6,000	6,000	
Security-Roving Guard	1,750	2,438	-	2,438	2,500	
Telephone	5,500	1,883	2,636	4,518	5,500	
Trash Collection	8,000	3,426	4,796	8,222	8,000	
Water and Sewer	3,706	1,088	1,523	2,612	3,706	
Contingency	11,000	1,500	6,417	7,917	11,000	
Replacements	50,000	3,552	29,167	32,719	24,618	
Capital Reserve	50,000	3,000	47,000	50,000	50,000	
TOTAL CLUBHOUSE EXPENDITURES	$	841,147	$	334,326	$	477,048	$	811,375	$	841,341	
						
TOTAL OPERATIONS AND MAINTENANCE	$ 1,625,180	$	626,432	$	945,514	$ 1,571,947	$ 1,623,550	
						
TOTAL EXPENDITURES	$ 1,773,202	$	682,079	$ 1,029,715	$ 1,711,794	$ 1,778,202	
						
EXCESS REVENUES (EXPENDITURES)	$	-	$	993,108	$  (915,466)	$	77,642	$	(0)	

REVENUES

Special Assessments - Tax Roll
The District will levy a non-ad valorem assessments on all sold and platted parcels within the District in order to pay for the operating expenditures during the fiscal year.
Clubhouse Income
Revenue collected for purchasing annual memberships for residents and non-resident users, renting the clubhouse, etc.
Interest Income
The District earns interest on the monthly average collected balance for each of its investment accounts.

Expenditures - General and Administrative

Supervisors Fees
Chapter 190 of the Florida Statutes allows for members of the Board of Supervisors to be compensated $200 per meeting in which they attend. The budgeted amount for the fiscal year is based on all supervisors attending 12 meetings.
Payroll Taxes
Payroll taxes on Board of Supervisor’s compensation. The budgeted amount for the fiscal year is calculated at 7.65% of the total Board of Supervisor’s payroll expenditures.
Engineering
The District's engineer will provide general engineering services to the District, i.e. attendance and preparation for monthly board meetings, review of invoices, and other specifically requested assignments.
Attorney
The District’s attorney will be providing general legal services to the District, i.e., attendance and preparation for monthly Board meetings, review of contracts, 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 to conduct an annual audit of its financial records by an independent certified public accounting firm. The budgeted amount for the fiscal year is based on contracted fees from the previous year engagement.
Assessment Roll Administration
GMS SF, LLC provides assessment services for closing lot sales, assessment roll services with the local tax collector and financial advisory services.
Arbitrage Calculation
The District is required to annually have an arbitrage rebate calculation on the District's Series 2019, 2022, and 2023 Bonds. Currently the District has contracted Grau & Associates, an independent certified public accounting firm, to calculate the rebate liability and submit the reports to the District.
Dissemination Agent
The District is required by the Security and Exchange Commission to comply with Rule 15(c)(2)-12(b)(5), which relates to additional reporting requirements for unrated bond issues.
Trustee Fees
The District issued Series 2019 Special Assessment Revenue Bonds and Series 2022 and Series 2023 Special Assessment Refunding Bonds. The amount of the trustee fees is based on the agreement between the trustee and the District.
Management Fees
The District receives management, accounting and administrative services as part of a management agreement with Governmental Management Services-South Florida, LLC. The budgeted amount for the fiscal year is based on the contracted fees outlined in Exhibit "A" of the management agreement.
Information Technology
The District processes all of its financial activities, i.e., accounts payable, financial statements, etc. on a main frame computer leased by Governmental Management Services – South Florida, LLC.
Website Maintenance
Per Chapter 2014-22, Laws of Florida, all Districts must have a website to provide detailed information on the CDD as well as links to useful websites regarding compliance issues. This website will be maintained by GMS-SF, LLC and updated monthly.
Postage and Delivery
Actual postage and/or freight used for District mailings including agenda packages, vendor checks and other correspondence.

Expenditures - General and Administrative (Continued)

Insurance General Liability
The District's general liability and public officials liability insurance policy is with a qualified entity that specializes in providing insurance coverage to governmental agencies.
Printing and Binding
Copies used in the preparation of agenda packages, required mailings, and other special projects.
Rentals and Leases
The District will be charged $200 per month for office rent from Governmental Management Services – South Florida, LLC, for the District's administrative office located in Fort Lauderdale.
Legal Advertising
The District is required to advertise various notices for monthly Board meetings and other public hearings in a newspaper of general circulation.
Other Current Charges
This includes monthly bank charges and any other miscellaneous expenses that incur during the fiscal year.
Office Supplies
Supplies used in the preparation and binding of agenda packages, required mailings, and other special projects.
Due, Licenses and Subscriptions
The District is required to pay an annual fee to the Department of Economic Opportunity Community Affairs for $175.

Expenditures – Field

Field Management
The District has contracted with Governmental Management Services for the supervision and on-site management of the District. Their responsibilities will include reviewing contracts and other maintenance related items.

Electricity
Electricity for the common areas.
Landscaping Maintenance
Common area lawn maintenance. Includes grass cutting and edging, quarterly fertilization, bi-monthly pest control and weed

Fertilization and Pest Control
The District has contracted with Southern Plant & Pest Services, Inc. to provide pest control and fertilization services for the landscaping within the District.
Tree Care Services
The District has contracted with Brightview Landscape Services for the monthly maintenance of the trees in the common areas throughout the District.
Landscape Materials
Landscaping materials for renewal and replacements, including sod and mulch.

Irrigation Maintenance and Repairs
Irrigation system within the common areas, includes monthly wet check and irrigation system repair materials.

Lake Maintenance
Includes monthly cleaning and debris removal of all CDD lakes.
Pressure Washing
Annual pressure cleaning of sidewalks, entrance walls, etc.
Lights Repair and Maintenance
Includes maintenance and repair work needed for common area lighting and irrigation system.
Community Maintenance/Repairs
Includes maintenance and repair work needed throughout the common areas of the District.
Sign/Decor Maintenance
Includes and maintenance and repair work related to the entry signs and various signs throughout the community.
Stormwater Services/Culvert Cleaning
Annual storm drain cleaning for all storm drains throughout the District.

Expenditures – Field (Continued)

Holiday Decorations
The District has a contract for the annual holiday lighting of the District.
Sidewalk Repairs
Scheduled/unscheduled repairs and maintenance to the District’s sidewalks.

Special Projects
Projects that will be completed during the fiscal year to beautify the community.
Off Duty Police Services
Security patrol throughout the District.

Contingency
Represents any unbudgeted expense related to the operations and maintenance of the common areas.

Expenditures – Clubhouse

Active Video Monitoring
This is line item is for the active video surveillance of the clubhouse, parking lot, and playground.

Alarm/Fire Alarm Monitoring
This line item is the estimated cost for monitoring of the alarm system (security and fire alarm) for the clubhouse.

Fitness Equipment Maintenance
Estimated cost to maintain the fitness equipment.

Equipment Repair
Estimated cost to repair the fitness equipment.

Electric
Electricity for clubhouse and grounds.
Cable/Internet Services
Estimated cost of cable TV and internet for the clubhouse.
Holiday Lighting/Decorations
The District has a contract for the annual holiday lighting of the District.
Property Insurance
The District's property insurance is with Egis Insurance Advisors. Egis specializes in providing insurance coverage to governmental agencies.
Landscape Maintenance
Maintaining the lawn and plants around the clubhouse.
Landscape Replacement
Improvements and replacements of landscaping areas around the clubhouse.

License, Music
Annual music license to provide music at the clubhouse.

Irrigation Maintenance and Repairs
Irrigation system within the clubhouse areas, which includes monthly wet check and irrigation system repair materials.

Janitorial Supplies
Janitorial supplies for the clubhouse and clubhouse office.

Office Supplies/Clubhouse Supplies
Supplies to run the clubhouse and clubhouse office.
Onsite Club Management
Administrative and management fees incurred for daily management of the clubhouse.
Onsite Club Employees
Salary and cost associated with the payroll for the clubhouse team leader and attendants.

Expenditures – Clubhouse (Continued)

Payroll Taxes
Represents the employer's share of Social Security and Medicare taxes for the payroll for the clubhouse team leader and attendants.
Workers' Compensation Insurance
Workers compensation insurance for the District’s employees.
Employees' Health Insurance
Health insurance for the District’s employees.
Pest Control
Preventative maintenance for bugs and rodents.
Pool and Spa Maintenance
Cost to maintain the pool, spa, and splashpad, and does not include repairs.
Pool and Spa Repairs
Cost to make repairs to the pool, spa, and splashpad.
Permits
Required annual licenses from the Florida Department of Health for the pool and spa.
Nonroutine Pool Cleaning
Unscheduled cleaning of the pool for things like emergencies.
Repairs and Maintenance
Maintenance expenditures required to repair and maintain the clubhouse.

Special Events
Expenses related to social events, such as holiday celebrations.
Security-Roving Guard
Night watch as needed.
Telephone
Cost of telephone lines for telephone, internet, fax and alarm systems.
Trash Collection
Cost of trash and recycling removal.
Water and Sewer
Water and sewer costs for the clubhouse.
Contingency
Any unscheduled repairs and maintenance that the District should incur during the fiscal year.

Replacements
The cost of replacement of any of the District’s amenity center assets.

Capital Reserve
Funds set aside for a future use to replace any capital item.

Proposed Budget
Debt Service Series 2019 Special Assessment Bonds

	Adopted Budget	Actuals Through	
Projected Next	Projected Through	Proposed Budget	
Description	Fiscal Year 2024	2/29/24	7 Months	9/30/24	Fiscal Year 2025	

REVENUES:						
Special Assessments - Tax Roll	$	361,898	$	341,392	$	20,506	$	361,898	$	361,898	
Interest Income	-	8,758	3,503	12,262	-	
Carry Forward Surplus (1)	278,062	-	291,264	291,264	308,112	
TOTAL REVENUES	$	639,961	$	350,150	$	315,274	$	665,424	$	670,010	

EXPENDITURES:						
Interest - 11/1	$	127,141	$	127,141	$	-	$	127,141	$	125,172	
Principal - 11/1	105,000	105,000	-	105,000	110,000	
Interest - 5/1	125,172	-	125,172	125,172	123,109	
TOTAL EXPENDITURES	$	357,313	$	232,141	$	125,172	$	357,313	$	358,281	
						
EXCESS REVENUES (EXPENDITURES)	$	282,648	$	118,010	$	190,102	$	308,112	$	311,729	

(1) Carry Forward is Net of Reserve Requirement

Interest Due 11/1/25

$123,109.38

$123,109.38

AMORTIZATION SCHEDULE
Debt Service Series 2019 Special Assessment Bonds

Period	Outstanding Balance	Principal	Interest	Annual Debt Service	

05/01/24	
$	5,230,000	
$	-	
$	125,172	
$	-	
11/01/24	5,230,000	110,000	125,172	360,344	
05/01/25	5,120,000	-	123,109		
11/01/25	5,120,000	115,000	123,109	361,219	
05/01/26	5,005,000	-	120,738		
11/01/26	5,005,000	120,000	120,738	361,475	
05/01/27	4,885,000	-	118,263		
11/01/27	4,885,000	125,000	118,263	361,525	
05/01/28	4,760,000	-	115,684		
11/01/28	4,760,000	130,000	115,684	361,369	
05/01/29	4,630,000	-	113,003		
11/01/29	4,630,000	135,000	113,003	361,006	
05/01/30	4,495,000	-	110,219		
11/01/30	4,495,000	140,000	110,219	360,438	
05/01/31	4,355,000	-	106,894		
11/01/31	4,355,000	145,000	106,894	358,788	
05/01/32	4,210,000	-	103,450		
11/01/32	4,210,000	155,000	103,450	361,900	
05/01/33	4,055,000	-	99,769		
11/01/33	4,055,000	160,000	99,769	359,538	
05/01/34	3,895,000	-	95,969		
11/01/34	3,895,000	165,000	95,969	356,938	
05/01/35	3,730,000	-	92,050		
11/01/35	3,730,000	175,000	92,050	359,100	
05/01/36	3,555,000	-	87,894		
11/01/36	3,555,000	185,000	87,894	360,788	
05/01/37	3,370,000	-	83,500		
11/01/37	3,370,000	190,000	83,500	357,000	
05/01/38	3,180,000	-	78,988		
11/01/38	3,180,000	200,000	78,988	357,975	
05/01/39	2,980,000	-	74,238		
11/01/39	2,980,000	210,000	74,238	358,475	
05/01/40	2,770,000	-	69,250		
11/01/40	2,770,000	220,000	69,250	358,500	
05/01/41	2,550,000	-	63,750		
11/01/41	2,550,000	230,000	63,750	357,500	
05/01/42	2,320,000	-	58,000		
11/01/42	2,320,000	245,000	58,000	361,000	
05/01/43	2,075,000	-	51,875		
11/01/43	2,075,000	255,000	51,875	358,750	
05/01/44	1,820,000	-	45,500		
11/01/44	1,820,000	270,000	45,500	361,000	
05/01/45	1,550,000	-	38,750		
11/01/45	1,550,000	280,000	38,750	357,500	
05/01/46	1,270,000	-	31,750		
11/01/46	1,270,000	295,000	31,750	358,500	
05/01/47	975,000	-	24,375		
11/01/47	975,000	310,000	24,375	358,750	
05/01/48	665,000	-	16,625		
11/01/48	665,000	325,000	16,625	358,250	
05/01/49	340,000	-	8,500		
11/01/49	340,000	340,000	8,500	357,000	
Total	$	5,230,000	$	3,989,453	$	9,344,625	

Proposed Budget
Debt Service Series 2022 Special Assessment Refunding Bonds

		Adopted Budget	Actuals Through	
Projected Next	Projected Through	Proposed Budget	
	
Description	Fiscal Year 2024	2/29/24	7 Months
 		9/30/24	Fiscal Year
2025	

REVENUES:							

Special Assessments - Tax Roll	
$	1,206,200	
$	1,137,852	
$	68,348	
$	1,206,200	
$	1,206,200	
Interest Earnings	-	7,927	3,171	11,098	-	
Carry Forward Surplus (1)	151,556	-	176,542	176,542	185,710	
TOTAL REVENUES	$ 1,357,756	$ 1,145,779	$  248,060	$  1,393,840	$ 1,391,910	

EXPENDITURES:						
Interest - 11/1	$	169,065	$	169,065	$	-	$	169,065	$	157,973	
Interest - 5/1	169,065	-	169,065	169,065	157,973	
Principal - 5/1	870,000	-	870,000	870,000	900,000	
TOTAL EXPENDITURES	$ 1,208,130	$	169,065	$1,039,065	$  1,208,130	$ 1,215,945	
						
EXCESS REVENUES (EXPENDITURES)	$	149,626	$	976,714	$ (791,005)	$	185,710	$	175,965	

(1) Carry Forward is Net of Reserve Requirement

Interest Due 11/1/25

$146,497.50

  $146,497.50 

AMORTIZATION SCHEDULE
Debt Service Series 2022 Special Assessment Refunding Bonds

Period	Outstanding Balance	Principal	Interest	Annual Debt Service	

05/01/24	
$	13,260,000	
$	870,000	
$	169,065	
$	-	
11/01/24	12,390,000	-	157,973	1,197,037.50	
05/01/25	12,390,000	900,000	157,973		
11/01/25	11,490,000	-	146,498	1,204,470.00	
05/01/26	11,490,000	925,000	146,498		
11/01/26	10,565,000	-	134,704	1,206,201.25	
05/01/27	10,565,000	945,000	134,704		
11/01/27	9,620,000	-	122,655	1,202,358.75	
05/01/28	9,620,000	970,000	122,655		
11/01/28	8,650,000	-	110,288	1,202,942.50	
05/01/29	8,650,000	995,000	110,288		
11/01/29	7,655,000	-	97,601	1,202,888.75	
05/01/30	7,655,000	1,010,000	97,601		
11/01/30	6,645,000	-	84,724	1,192,325.00	
05/01/31	6,645,000	1,045,000	84,724		
11/01/31	5,600,000	-	71,400	1,201,123.75	
05/01/32	5,600,000	1,065,000	71,400		
11/01/32	4,535,000	-	57,821	1,194,221.25	
05/01/33	4,535,000	1,100,000	57,821		
11/01/33	3,435,000	-	43,796	1,201,617.50	
05/01/34	3,435,000	1,115,000	43,796		
11/01/34	2,320,000	-	29,580	1,188,376.25	
05/01/35	2,320,000	1,145,000	29,580		
11/01/35	1,175,000	-	14,981	1,189,561.25	
05/01/36	1,175,000	1,175,000	14,981	1,189,981.25	
Total	$	13,260,000	$	2,313,105	$	15,573,105	

Proposed Budget
Debt Service Series 2023 Special Assessment Refunding Bonds

		Adopted Budget	Actuals Through	
Projected Next	Projected Through	Proposed Budget	
	
Description	Fiscal Year
2024	2/29/24	7 Months	9/30/24	Fiscal Year
2025	

REVENUES:					
Special Assessments-On Roll	$	-  $	686,223	$	41,220	$	727,443	$	727,443	
Interest Earnings	-	3,353	1,341	4,694	-	
Carry Forward Surplus (1)	-	-	-	-	254,302	
TOTAL REVENUES	$	-  $	689,576	$	42,561	$	732,138	$	981,745	

EXPENDITURES:					
Interest - 11/1	$	-  $	21,588	$	-	$	21,588	$	197,981	
Interest - 5/1	-	-	204,522	204,522	197,981	
Principal - 5/1	-	-	294,000	294,000	303,000	
TOTAL EXPENDITURES	$	-  $	21,588	$	498,522	$	520,110	$	698,961	

Other Sources/(Uses)					
Bond Proceeds	$	-  $	9,192,000	$	-	$	9,192,000	$	-	
Transfer In/(Out)	-	1,170,989	-	1,170,989	-	
Cost of Issuance	-	(268,505)	-	(268,505)	-	
Payment to Escrow Agent	-	(10,052,209)	-	(10,052,209)	-	
TOTAL OTHER SOURCES/(USES)	$	-  $	42,275	$	-	$	42,275	$	-	
					
TOTAL EXPENDITURES	$	-  $	(20,686)	$	498,522	$	477,836	$	698,961	
					
EXCESS REVENUES (EXPENDITURES)	$	-  $	710,263	$  (455,961)	$	254,302	$	282,784	

(1) Carry Forward is Net of Reserve Requirement

Interest Due 11/1/25

$191,238.75

  $191,238.75 

AMORTIZATION SCHEDULE
Debt Service Series 2023 Special Assessment Refunding Bonds

Period	Outstanding Balance	Principal	Interest	Annual Debt Service	

05/01/24	
$	9,192,000	
$	294,000	
$	204,522	
$	-	
11/01/24	8,898,000	-	197,981	696,502.50	
05/01/25	8,898,000	303,000	197,981		
11/01/25	8,595,000	-	191,239	692,219.25	
05/01/26	8,595,000	317,000	191,239		
11/01/26	8,278,000	-	184,186	692,424.25	
05/01/27	8,278,000	331,000	184,186		
11/01/27	7,947,000	-	176,821	692,006.25	
05/01/28	7,947,000	350,000	176,821		
11/01/28	7,597,000	-	169,033	695,854.00	
05/01/29	7,597,000	363,000	169,033		
11/01/29	7,234,000	-	160,957	692,989.75	
05/01/30	7,234,000	382,000	160,957		
11/01/30	6,852,000	-	152,457	695,413.50	
05/01/31	6,852,000	400,000	152,457		
11/01/31	6,452,000	-	143,557	696,014.00	
05/01/32	6,452,000	414,000	143,557		
11/01/32	6,038,000	-	134,346	691,902.50	
05/01/33	6,038,000	436,000	134,346		
11/01/33	5,602,000	-	124,645	694,990.00	
05/01/34	5,602,000	454,000	124,645		
11/01/34	5,148,000	-	114,543	693,187.50	
05/01/35	5,148,000	474,000	114,543		
11/01/35	4,674,000	-	103,997	692,539.50	
05/01/36	4,674,000	498,000	103,997		
11/01/36	4,176,000	-	92,916	694,912.50	
05/01/37	4,176,000	517,000	92,916		
11/01/37	3,659,000	-	81,413	691,328.75	
05/01/38	3,659,000	545,000	81,413		
11/01/38	3,114,000		69,287	695,699.25	
05/01/39	3,114,000	568,000	69,287		
11/01/39	2,546,000		56,649	693,935.00	
05/01/40	2,546,000	594,000	56,649		
11/01/40	1,952,000		43,432	694,080.50	
05/01/41	1,952,000	621,000	43,432		
11/01/41	1,331,000		29,615	694,046.75	
05/01/42	1,331,000	651,000	29,615		
11/01/42	680,000		15,130	695,744.75	
05/01/43	680,000	680,000	15,130	695,130.00	
Total	$	9,192,000	$	4,688,921	$	13,880,921	

East Homestead
Community Development District
Non-Ad Valorem Assessments Comparison 2024-2025

Neighborhood	O&M Units	Club- house
Units	Bonds Units
2019	Bonds Units
2022	Bonds Units
2023	
Annual Maintenance Assessments	
Annual Debt Assessments	
Total Assessed Per Unit	
						
FY 2025	
FY2024		
FY 2025	
FY2024		
FY 2025	
FY2024		
						
O&M	
Clubhouse	
Total	
Total	Increase/ (Decrease)	Series 2019	Series 2022	Series 2023	
Total	
Total	Increase/ (Decrease)	Total Assessed Per Unit	Total Assessed Per Unit	Increase/ (Decrease)	
Atlantis	112	112	0	112	112	$398.29	$466.12	$864.41	$864.41	$0.00	$0.00	$650.89	$389.07	$1,039.96	$1,039.96	$0.00	$1,904.37	$1,904.37	$0.00	
Caribbean Isles	252	252	0	251	252	$398.29	$466.12	$864.41	$864.41	$0.00	$0.00	$495.61	$389.07	$884.68	$884.68	$0.00	$1,749.09	$1,749.09	$0.00	
Barbados	140	140	0	140	140	$398.29	$466.12	$864.41	$864.41	$0.00	$0.00	$650.89	$389.07	$1,039.96	$1,039.96	$0.00	$1,904.37	$1,904.37	$0.00	
Capri	116	116	0	116	116	$398.29	$466.12	$864.41	$864.41	$0.00	$0.00	$669.89	$389.07	$1,058.96	$1,058.96	$0.00	$1,923.37	$1,923.37	$0.00	
Windward	69	69	0	69	69	$398.29	$466.12	$864.41	$864.41	$0.00	$0.00	$525.36	$389.07	$914.43	$914.43	$0.00	$1,778.84	$1,778.84	$0.00	
Windward	19	19	0	19	19	$398.29	$466.12	$864.41	$864.41	$0.00	$0.00	$689.72	$389.07	$1,078.79	$1,078.79	$0.00	$1,943.20	$1,943.20	$0.00	
Bimini	103	103	0	103	103	$398.29	$466.12	$864.41	$864.41	$0.00	$0.00	$650.89	$389.07	$1,039.96	$1,039.96	$0.00	$1,904.37	$1,904.37	$0.00	
Aruba	90	90	0	90	90	$398.29	$466.12	$864.41	$864.41	$0.00	$0.00	$669.89	$389.07	$1,058.96	$1,058.96	$0.00	$1,923.37	$1,923.37	$0.00	
Belize	79	79	0	79	79	$398.29	$466.12	$864.41	$864.41	$0.00	$0.00	$669.89	$389.07	$1,058.96	$1,058.96	$0.00	$1,923.37	$1,923.37	$0.00	
Fiji	71	0	0	71	71	$398.29	$0.00	$398.29	$398.29	$0.00	$0.00	$553.43	$64.05	$617.48	$617.48	$0.00	$1,015.77	$1,015.77	$0.00	
Fiji	90	90	0	90	90	$398.29	$466.12	$864.41	$864.41	$0.00	$0.00	$553.43	$389.07	$942.50	$942.50	$0.00	$1,806.91	$1,806.91	$0.00	
Fiji	124	0	0	124	124	$398.29	$0.00	$398.29	$398.29	$0.00	$0.00	$553.43	$64.05	$617.48	$617.48	$0.00	$1,015.77	$1,015.77	$0.00	
Leeward II	148	148	0	148	148	$398.29	$466.12	$864.41	$864.41	$0.00	$0.00	$592.25	$389.07	$981.32	$981.32	$0.00	$1,845.73	$1,845.73	$0.00	
Antillean	96	96	0	93	96	$398.29	$466.12	$864.41	$864.41	$0.00	$0.00	$679.81	$389.07	$1,068.88	$1,068.88	$0.00	$1,933.29	$1,933.29	$0.00	
Martinique	241	241	0	241	241	$398.29	$466.12	$864.41	$864.41	$0.00	$0.00	$553.43	$389.07	$942.50	$942.50	$0.00	$1,806.91	$1,806.91	$0.00	
Leeward	142	142	0	142	142	$398.29	$466.12	$864.41	$864.41	$0.00	$0.00	$525.36	$389.07	$914.43	$914.43	$0.00	$1,778.84	$1,778.84	$0.00	
Leeward	1	1	0	1	1	$398.29	$466.12	$864.41	$864.41	$0.00	$0.00	$592.25	$389.07	$981.32	$981.32	$0.00	$1,845.73	$1,845.73	$0.00	
Bali	140	140	0	140	140	$398.29	$466.12	$864.41	$864.41	$0.00	$0.00	$650.89	$389.07	$1,039.96	$1,039.96	$0.00	$1,904.37	$1,904.37	$0.00	
Mirage	98	98	0	98	98	$398.29	$466.12	$864.41	$864.41	$0.00	$0.00	$669.89	$389.07	$1,058.96	$1,058.96	$0.00	$1,923.37	$1,923.37	$0.00	
Portovita	247	0	247	0	0	$398.29	$0.00	$398.29	$398.29	$0.00	$1,542.29	$0.00	$0.00	$1,542.29	$1,542.29	$0.00	$1,940.58	$1,940.58	$0.00	
Total	2378	1936	247	2127	2131