Shotgun Road	
Community Development District	

Adopted Budget	
FY 2025 & 2026	

Table of Contents

1

2-3

4

	General Fund

	Narratives

	Assessment Table

Shotgun Road	
Community Development District	
Adopted Budget	
General Fund	

Adopted Budget	
Adopted Budget	
Description	FY2025	FY2026	

Developer Contributions/Maintenance Assessments	$67,842	$419,429	

TOTAL REVENUES	$67,842	$419,429	

EXPENDITURES:

Administrative				
Engineering	$1,667	$10,000		
Attorney	2,000	12,000		
Annual Audit	-	5,000		
Assessment Administration	-	2,500	(1)	
Arbitrage Rebate	-	550	(1)	
Dissemination Agent	-	2,500	(1)	
Trustee Fees	-	5,000	(1)	
Management Fees	6,000	36,000		
Website Maintenance	500	3,000		
Telephone	-	200		
Postage & Delivery	125	750		
Insurance General Liability	-	6,500		
Printing & Binding	167	1,000		
Legal Advertising	2,500	5,000		
Other Current Charges	125	750		
Dues, Licenses & Subscriptions	175	175		
Contingency	-	1,000		

TOTAL ADMIN	$13,258	$91,925	

Field			
Landscape Maintenance	$45,083	$270,500	
Lake Maintenance	2,334	14,004	
Road - Drainage/Curbs	1,333	8,000	
Tot Lot	500	3,000	
Electric	2,750	16,500	
Refuse	83	500	
General Maintenance	1,917	11,500	
Wall Repair & Maintenance	500	3,000	
Signage	83	500	

TOTAL FIELD	$54,584	$327,504	

TOTAL EXPENSES	$67,842	$419,429	

TOTAL EXCESS REVENUES/(EXPENSES)	$-	$-	

(1) Represents costs associated with the issuance of Bonds.

Shotgun Road	
Community Development District	
Budget Narrative	
FY 2025 & 2026	

REVENUES	

Developer Contributions/Maintenance Assessments	
The District will levy a Non-Ad Valorem assessment on all the platted lots within the District to pay all of the operating expenses
for the Fiscal Year in accordance with the adopted budget.lz	

Expenditures - Administrative	

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 plus anticipated increase.	

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 Rebate	
The District has contracted with its independent auditors to annually calculate the arbitrage rebate liability on its bonds.	
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 un-rated bond issues.	
Trustee Fees	
The District bonds will be held and administered by a Trustee. This represents the trustee annual fee.	
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.	
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.	
Telephone	
Conference calls for the CDD.	
Postage and Delivery	
Actual postage and/or freight used for District mailings including agenda packages, vendor checks and other correspondence.	
Insurance General Liability	
The District's General Liability & Public Officials Liability Insurance policy is with a qualified entity that specializes in providing insurance coverage to governmental agencies. The amount is based upon similar Community Development Districts.	

Printing and Binding	
Copies used in the preparation of agenda packages, required mailings, and other special projects.	

Shotgun Road	
Community Development District	
Budget Narrative	
FY 2025 & 2026	

Expenditures - Administrative (continued)	
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 year.	
Office Supplies	
Supplies used in the preparation and binding of agenda packages, required mailings, and other special projects.	
Due, Licenses & Subscriptions	
The District is required to pay an annual fee to Florida Commerce for $175.	
Contingencies	
A contingency for any unanticipated and unscheduled cost to the District.	

Expenditures - Field	

Landscape Maintenance	
The District will be responsible for the maintenane of common areas between homeowner lots.	
Lake Maintenance	
The District will enter into an agreement for the maintenance of the lakes to include:	
•	Inspection and treatment of aquatic weeds and algae	
•	Shoreline grass and brush control	
Roads - Drainage/Curbs	
Maintenance of the roadway drainage and curbing.	
Tot Lot		
Maintenance of play area.	
Electric		
Electricity costs for the following:	
•	Mailbox Kiosks	
•	Lift Stations	
•	Entry features and landscape uplighting	
Refuse		
To cover the cost of receptacle at the mailbox kiosk.	
General Maintenance	
To cover the cost of maintaining the following:	
•	Guardrail at entrance	
•	Lookout Gazebos (4)	
•	Equestrian Path	
•	Fire access roads (2)	
Wall Repair & Maintenance	
To cover the cost of maintaining the perimeter wall.	
Signage		
To cover the cost of community signage.	

Shotgun Road	
Community Development District	
Non-Ad Valorem Assessments	
2025-2026	

Neighborhood	O&M Units	Bonds
Units 2025	Gross Annual Maintenance Assessments	Gross Annual Debt Assessments	Total Assessed Per Unit	
	FY2026	FY2025	Increase/ (decrease)	FY2026	FY2025	Increase/ (decrease)	FY2026	FY2025	Increase/ (decrease)	

Single Family	
151	
0	
$2,954.97	
$0.00	
$2,954.97	
$2,736.00	
$0.00	
$2,736.00	
$5,690.97	
$0.00	
$5,690.97	
Total	151	0