STATEMU<IT'l
STONURIER COO PROPOSED BUDGET FOR FY 2019
GENERALFUND (O&M)

FY2014
ACTUAL
378,005 s

FY 2015
ACTUAL
3Sl,n7 s
l◄,52S 93,797

FY2016
ACTUAL
403,140 s

2017
ACTUAL

FY 2018
ADOPTED

FY 2018

FY 2019	VARIANCE

YTD • MARCH 28 PROPOSED

2018TO2019

I. REVENUE SPEOAl.ASSESSMEHfSON.ROU(NET)
SPECIAL ASSBSMEHTS OFF-ROll-Devek,per (Net) SPECIAL ASSESSMENTS FORRESERVES CONTINGENCY CAARYfORWARO (fY 2009• Pf 201') ASSESSMENT EXTRA FEES
INTEREST
MISCELLANEOUS
FUNDBALANCE FORWARD
OlSCOUNTS
TOTAL REVENUE

s

•35,7'8 $

08

$

-- ◄Ja,909 $	41 3; s

-

103

4,120
710

470
75

2,811
2,769
1,073

1,0&3
1,27S

.. ,089

85,052

18,963

371108

464,929

403,61S

442A51

504142

441.267

523,105

11,963

II.£XPCNDm.JA£$
ADMINISTRATIVE SUPERV\SOR COMPENSATION PAYROLLTAXES
PAYROUSERVICES
MANAGEMENTCONSlA.ff.JGSOMCl'S
GENf.RAl A.OMINISTRA.TTVE GENERAL MASSMAIUNG Al.00\NG
ASSESSMENT ADMINISTRATION
COUNTY ASSESSMENT COLLECTIONFEES•4%
MISCEIJ.ANEOUS (&antServicefMS&ReserveStudyl REGULAT Y ANO PERMIT FEES
LEGAL AOVERTISEMENTS ENGINffRINGSEJMaS LEGALSERVICES
Wfe.snt 0£VELOPMENT ANOHOSTING
EMAIL
INSURANCE
MISC£UANEOUS SERVICES TOTAL ADMINISTRATIVE

3,200
264
1,217
30,000
3,600
756
3,500
..,00

8,000
710
808
30,000
3,600

12,800
979
726
31,375
3,765
1,110
3,700
6,800

11,00J
842
663
31,375
3,765

12,000
918
650
31.37S
3,765

3))00
291
28l lS.688 1,883
695

3,600
6,500

2,380
6,800

2,500
6,800

6,800

11,000
91B
750
31,380
3,765
1,000
2,600
6,800

100
5

""'

1,000
100

175
865
1.100
35,029

1.SSS
175
759
1,198
31,461

312
175
2,0<0
]4,777
30,687
1,681

71
17>
1,()92
◄,300
33,279
980
720
G.035

250
175
1,000
7,500
20,000
1,680

17S

373
3,2Gl
719

250
175
1,500
6,500
20,000
1,680

500
(1,000)

5,665

5,665

5,665
1,36'
117,956

6,700
500
!1S,813

7,45)

1,439

91,871

94,6]1

104,316

41,420

8,ll9
500
97,957

Z,144

DHT SfRVKEAOMINISTRATION
TRUST([ FEB DISSEMINATION AGENT A.RSITRAGE
TRUSTFUND ACCOUNTING
TOTALOEITSERVlCE ADMINISTRATtON

3,180
1,500
1,000
3500 t,110

3,717
1,SOO
500
3500
9,117

3,717
1,500
3,660

s,an

3,717
5,000
500
3,660
12.sn

3,718
1,500
500
3660
9,378

1,500
500
1,830
3,830

3,718
1,500
500
3660
9,171

FIElDOJl£RATIONS
PROP£RTY TA)(ES(Street61f,U) ENTRY & WALLS MAINTENANCE ELECTRICITY· (IRRIGATIONSYSTEM) PONO& LA.XEMAINT'tNANCE MITIGATONMONITORING MmGATION MAINTENANC(. lANOSCAPE MAINT!NANCE
t».'OSCA.Pf Ra'LE SHMENT LANDSCAPE IRRIGATION
MISC REPAIRS&PRESSURE WASHING
56GNAGE
110UOAV DECORATIONS SECURITY CAPrTALPROJECTS
MISCFlllDEXPf:NS((RfSERVES1U>V In FY2019)
CONTINGENC't' PUMPREPAIRS
POt,.'O& WEllR(PA1RS • RESEIIVB
EROSION CONmOl-RESERVE& REPLACEMENT PALM & OAK TREE TRIMMING •APPROVED FV2016 TOTALFIElD OPERATIONS

14,490

1,748
18.816
1,915
3,300
U9,060 13,926
709
1.100

14,490
300
7,572
18,,718
2,300
3,300 lSS,138
39,545
5,507
16,955
1,4'6

14,490

14,497

G,253 17,766
1,200

1S4,SS8
1,730
2,152
6,90<
2,177
1,597

15,COO
3,500
12,500
20,016
2,200
<,<00
139,890
10,000
8,600
12.908

16,621

2,000

7,128
19,816
600
2,200
146,340
10,536
7,532
10,110

2,897
10,764
600
2,200
62.425
33,867
3,338

17,COO
3,500
9,500
24,840
2,200
<,400
149,820
10,000
8,600
12,908

(3,0001
4,824

9,930

8,916

4,809

50,327
2,269

29,200
1,166

10.000
11,520
S0,000

8,725
695
•.11.3

10,000
7,700
50,000
5,000 l,000

(3,820)

2,SU

5,000
(512)

202,0U

270,7'0

261,421

95
22,0CO
14,S(X)
2$042
320,271

l,6S3 19,994
47,0CX)

303,046

214,192

317,461

14,4U

RENEWAL& REPlACEMENT RESERVE {WEU.PUMP 21

74 SJl

5,000

15,905

91,302

2.397

TOTAL EXPENDITURES

301,US

W,261

442,541

SOt,14Z

EXCESSOFREVENUEOVER(UNDER) EXPl:NDrTUR(S
FUNDIAlANC£• IEGlNNINO
lnaeaseIn Rese,vefor Renewal &R amment
D«i- •Contlnaencv C,rryforw1rd/FuMf O;i, ncct Forwird
FSAPPRC>f'RIATED• RESERVE & REPLACfMENT
RIND BAlANCI• ENDING

74,973
4S2,234

'"' 159
is.no
527,207
74,S31 (93,7'71 l14,S251
509,216 s

260,142

523,105

18,963

15,424
509,186
91,283
{91,286)

!'>01
524,007

181.,125

524,517
95,905
(66,089)

554,333
98,302
{85,0S2)

$

527,Z07 s

S2C1601 s

S24,S17 $

554,333 $

111,125 $

$67,SU $

FUN.O BALANa APHOf>IUATIOH
OneQ r1«Opentlng •I	$
rY2015 Rese,ve for Rentwal & Rei)lacement fY 2016Resef'V4!fo, Renewal & Replacement F't'2017R forftfflewal&R «il FY 201tl ReseNe lor R!H'lew,l & Repl• ment FY 2019 ReseNe !or Renewal & Rep!AcemHtl

I

Irrigation Erosion Wells

Un,1uia,,edfund fl;al.llnot

79,367 !notintlwlMof ,enew.111C.,ephu]
89,056
91,28J
93,!>66
95,905
98,302
c1•.A2SI
(&7,4951 (24,994)
1 27=0 1B

	567 583 

l O&M ASSESSMENT ALLOCATION. If "All" Assessments On Roll

STATEMENT 2 STONEBRIER COD GENERAL FUND {O&M)
PROPOSED BUDGET FY 2019

I Table a· EXPENDITURES	

Refer To	

Net Amount	
Less:FundBalance
Forward (FBfl	
Total Assmt NET after
FBF	

Total ERU	

Assmt NET/ ERU	
	Admlnistrative & Debt Service (less
county collection) [A]	STMT 1	$	107,335	22,357	$	84,978	506.0	$	167.94	
	
Field Operations +Reserves{BJ	
STMTl	
$	415,770	
62,695	
$	353,075	
583.1	
$	605.51	
	Total E>ependitures		s	523,105	85,052	$	438,053			

lrable b -Assessments for Administrative Expenditures	Lot Frontage		
	land Use Type		SF50'	SF60'	SF65'	Sf 75'	Total	
	ERU per unit	C						,,			
			'1.00		1.00	1.00			1.00		
			,.;,	'.+							
	Number of Units	D	278·	37	129	62-	506	
	Total ERUs	C"D=E	278	37	129	62	506	
	Total Assessments - Admln (net)	E•A=F	$	46,687	$	6,214	$	21,664	$	10,412	$	84,978	
	Total Assessments/ Unit	F/D =H	$	167.94	$	167.94	$	167.94	s		167.94		

lrable c- Assessments for Field Operations & RsrvStudy E>i:penditures		
	land UseType	SF 50'	5F60'	SF65'	SF 75'	Total	
	ERU per unit	C	;:J,1. l.0ll,	.	,,.,	1.20	Ji	,.,	1.30	l.50		
	Number of Units	D	278	37		129	62	506	
	Total ERUs	c•o=E	278	44		168	93	583	
	Assessment Per Unlt•Field (net}	E'B=F	s	168,333	s		26,885	$	101,545	$	56,313	s	353,075	
	Total Assessments• Field (net)	F/D=I	$	60551	$	726.62	$	787.17	$	908.27		

A

0Sl

leurre;,t Flscal Year'ruse,smen.t Allocation•(FY 2019)		
	Land Use Type

Total Assessment (NET)	G
Total Asse>,ment (NET)Nnlt	H+I	SF 50'	SF60'	SF65'	SF 75'	Total
,.	-	
		$	215,020
s	773	$	33,099
$	895	$	123,209
$	955	$	66,725
$	1,076	$	"""" 438,	

B

G

2 ADMINISTRATION AND FIELDOPERATIONS ASSESSMENTS
(Tabled• On Roll Assmt: Platted Prooerty		
				Plus:Cty Fees &			Total Cty Fees & Pmt		
	land Use(lot Fronta,el	Platted Units	Assmt NET/ Unit	Pmt Disc./ Unit	Gross Assmt / Unit	Total NET Assmt	Oise.	Total GROSS Assmt	
	so	278	$	773.45	$	67.26	$	840.71	$	215020	$	18,698.28	$	233,718.57	
	60	37	$	89456	s	77.79	$	972.35	$	33,099	$	2,878.23	$	35,976.84	
	65	129	$	955.11	$	83.06	$	1,038.17	$	123,209	$	10,714.74	$	133,923.74	
	75	62	$	1076.21	$	93.59	$	1,169.80	$	66 725	$	5 802.58	s	72,527.68	
	Total	506				$	438053	$	38,093.83	$	476,146.83	

 • An differences are due to roundin I which areIncense uentlal enou htobei nored in mostcases.	
Prior,Fiscal Year NETAssessments Allocation• FY 2018	SF 50'	SF 60'	SF 65'

Total Assessment (net)

Total Assessment net Nnit	$	773  $	895  s	 955

$	ns,020.00 s	33,099.00  5	123,209.00  $
$

SF75'
66,725.00
1,076

Total
	··'A YfiL

NetChan e In Assessments (Current com a red with Prior)• Total Assessments	lncerease

SF50'

SF 60'

SF65'

SF75'

Total

$ Oiange per unit	(Decrease)

	$
$

$
$

--	--- 

STONEBRIER COD -
CONTR- ACT EX-PENDITURE S- UMM--ARY

'	'

- '	-

 AbMININSTRA11VE  PEf<I  ITUR  S,	
PER MEETING PER BOARD MEM8!;R@ 200 EACH+TWO

SUPERVISORS COMPENSATIO.N

SUPERVISORS

12,000.00 ADDmONALMEETINGS FOR PUBUC11EARINGS• TOALOF 12

_  feeper pa'/rt>II p(oceSSed 4 $S6.00 mon'thtv plus year end feesor
750 00 $56.00	
Aa:r li)ent ll
  "	
Aen!ement 12,

GENERAL MASS MAILING	MISC.	GENUW.MASS IIJNG

AUDITING,	D(bal !o.meo	ANlli\l l AUblf

s

,'.SSl:SSMENT ADMINISTRATION	l)PfG	ASSMl RotlPR£PA/1Al10N &
ADMIII TIVITION
COUNTY COLLECTION FEES	HILLSBOROUGH COUN1Y	i>I\OPER'TY APPRAISER & TAX	$
MISCEUANEC)\JS(BANK FEES)	VARIOUS	.  IiiK SE/IVICE	$

l,000.00
OMH.B ngaged f9ric1dditonat-yearS $2,500 ft.mA'z6i7"'a'nd .
),600.00 si.GOdtor FY 2018 ·	· ·	·	· ·
6,800.00 """""'"11112

2so.co esn tco
STf<TUTORILY FIXED
.  es!l!\fATED.PUl)\li;fke,'.RiNG
.00 fNCijA.IETQADJOST'fbR ANY
IJU NCIIEASE .	. .

lA!"DSCAPE'.REPlENIShME T ,,
	'	 - -<"(	
LANDSCAPE IRR(GATION	Estimated. As11ei,ded; Approxlnlatefy $300 per month, Additiohal ·i
$5,000asneeded	'

12,908.00	r¥,Wr
,lgn-$
mite,	
10,000.00		
7,700.00

"so.000.00
S,000.00		

& tlla  fronr &f'Qr- rant_waterbrkfse $474, Sweetcra,sS:
200; Sondhurst ,;gn& Woodsl&-$:!1$.Cums Md!tree!'$
diffeI8i'i  --  · _,,.,.•·,..'='	'-"'	"I

SECURITY PATROL

 •• TAL PRO/E!,)'$ , 
 MISC. FIELDEXPENSE	
 rorrnNGENCY	 N/A

Fk>rida Highway P;)trotCost ls$40?er hour, 4 hoursper shift lnciusiveo( admin arid traveJ, ·

Reserve Study

STATEMENT4 STONEBRIER CDD
PROPOSED BUDGET FOR FY 2019 DEBT SERVICE ASSESSMENT

BUDGET	

$	484,171
-
{19,367)	

464,804	

19,367

101,269
98,819

245,000	

464,454	

350	

REVENUE
ASSESSMENTS ON-ROLL INTEREST--INVESTMENT DISCOUNT (ASSESSMENTS)
TOTAL REVENUE

EXPENDITURES

COUNTY-COLLECTION FEES (ASSESSMENTS) INTEREST EXPENSE

November 1, 2019

PRINCIPAL RETIREMENT
May 1, 2019

TOTAL EXPENDITURES

EXCESS OF REVENUE OVER (UNDER) EXPENDITURES

Table 1 - Platted Property Annual Debt Service Assessment
Land Use
Type	Platted Units	Assigned
ERU	Total ERU	%ERU	
MADS	
MADS/Unit	
50	278	1.00	278.00	47.7%	$	212,368	$	764	
60	37	1.20	44.40	7.6%	$	33,918	$	917	
65	129	1.30	167.70	28.8%	$	128,108	$	993	
75	62	1.50	93.00	15.9%	$	71,044	$	1,146	
Total	506		583.10	100.0%	$	445,438		

MADS $ 445,437.50 MADS per ERU	$	763.91
Gross Assmt. Per ERU	$	830.34

STATEMENT 5 STONEBRIER COD
$6,530,000 SPECIAL ASSESSMENT REFUNDING BONDS, SERIES 2016

Period Ending	Principal	Coupon

Interest

Annual Debt
Debt Service		Bond Balance Service

8/30/2016						$  6,530,000	
5/1/2017	200,000	2.00%	141,612.60	341,612.60		6,330,000	
11/1/2017	10,000	2.00%	103,768.75	113,768.75	455,381.35	6,320,000	
5/1/2018	240,000	2.00%	103,668.75	343,668.75		6,080,000	
11/1/2018		2.00%	101,268.75	101,268.75	444,937.50	6,080,000	
5/1/2019	245,000	2.00%	101,268.75	346,268.75		5,835,000	
11/1/2019		2.00%	98,818.75	98,818.75	445,087.50	5,835,000	
5/1/2020	250,000	2.00%	98,818.75	348,818.75		5,585,000	
11/1/2020		2.00%	96,318.75	96,318.75	445,137.50	5,585,000	
5/1/2021	255,000	2.25%	96,318.75	351,318.75		5,330,000	
11/1/2021		2.25%	93,450.00	93,450.00	444,768.75	5,330,000	
5/1/2022	260,000	2.25%	93,450.00	353,450.00		5,070,000	
11/1/2022		2.50%	90,525.00	90,525.00	443,975.00	5,070,000	
5/1/2023	265,000	2.50%	90,525.00	355,525.00		4,805,000	
11/1/2023		2.50%	87,212.50	87,212.50	442,737.50	4,805,000	
5/1/2024	270,000	2.50%	87,212.50	357,212.50		4,535,000	
11/1/2024		2.50%	83,837.50	83,837.50	441,050.00	4,535,000	
5/1/2025	280,000	3.00%	83,837.50	363,837.50		4,255,000	
11/1/2025		3.00%	79,637.50	79,637.50	443,475.00	4,255,000	
5/1/2026	290,000	3.00%	79,637.50	369,637.50		3,965,000	
11/1/2026		3.00%	75,287.50	75,287.50	444,925.00	3,965,000	
5/1/2027	300,000	3.50%	75,287.50	375,287.50		3,665,000	
11/1/2027		3.50%	70,037.50	70,037.50	445,325.00	3,665,000	
5/1/2028	310,000	3.50%	70,037.50	380,037.50		3,355,000	
11/1/2028		3.50%	64,612.50	64,612.50	444,650.00	3,355,000	
5/1/2029	320,000	3.50%	64,612.50	384,612.50		3,035,000	
11/1/2029		3.50%	59,012.50	59,012.50	443,625.00	3,035,000	
5/1/2030	330,000	3.50%	59,012.50	389,012.50		2,705,000	
11/1/2030		3.50%	53,237.50	53,237.50	442,250.00	2,705,000	
5/1/2031	345,000	3.50%	53,237.50	398,237.50		2,360,000	
11/1/2031		3.50%	47,200.00	47,200.00	445,437.50	2,360,000	
5/1/2032	355,000	4.00%	47,200.00	402,200.00		2,005,000	
11/1/2032		4.00%	40,100.00	40,100.00	442,300.00	2,005,000	
5/1/2033	370,000	4.00%	40,100.00	410,100.00		1,635,000	
11/1/2033		4.00%	32,700.00	32,700.00	442,800.00	1,635,000	
5/1/2034	385,000	4.00%	32,700.00	417,700.00		1,250,000	
11/1/2034		4.00%	25,000.00	25,000.00	442,700.00	1,250,000	
5/1/2035	400,000	4.00%	25,000.00	425,000.00		850,000	
11/1/2035		4.00%	17,000.00	17,000.00	442,000.00	850,000	
5/1/2036	415,000	4.00%	17,000.00	432,000.00		435,000	
11/1/2036		4.00%	8,700.00	8,700.00	440,700.00	435,000	
5/1/2037	435,000	4.00%	8,700.00	443,700.00			
11/1/2037		4.00%			443,700.00		
Totals	$6,530,000		2,796,962.60	9,326,962.60	9,326,962.60		

max. annual debt service $	445,437.50