Lakewood Ranch Stewardship District
Proposed Operating Budget for General Fund - Summary Budget For Operation & Maintenance
October 1, 2023 to September 30, 2024		
			Increase			
	Full Year	PROPOSED	(Decrease)		Estimated	
Category	2023 Budget	BUDGET FY2024;	2024 Budget vs.		Buildout	
	
Budget	Resolution 	2023 Budget		Budget	
Sources of Funds:						
Assessments - Platted Land	$ 7,628,144	$	9,183,124	83%  $	1,554,980		$ 12,267,429	
Assessments - Un Platted Land	$	216,012	$	173,190	125%  $	(42,823)		$	-	
Landowner Contribution	$ 2,228,891	$	1,389,390	160%  $	(839,502)		$	-	
Other Revenue (Park Rental Fees)	 $	1,000 	$	1,000	 $	- 		 $	- 	

Total - Sources of Funds	
$ 10,074,048	
$  10,746,703	
94%  $	672,655		
$ 12,267,429	

Uses of Funds						
Administrative Expenditures:						
Insurance	$	20,000	$	20,000	100%  $	-		$	20,000	
Board Supervisors	$	12,000	$	12,000	100%  $	-		$	12,000	
Meeting Advertising	$	11,060	$	11,060	100%  $	-		$	20,000	
Engineering	$	90,000	$	90,000	100%  $	-		$	90,000	
Bond Agent Fees	$	23,000	$	23,000	$  -  $	-		$	75,000	
Arbitrage Report	$	-	$	5,000	$  -  $	5,000		$	5,000	
Legal Fees	$	125,000	$	125,000	100%  $	-		$	125,000	
Accounting	$	110,000	$	110,000	100%  $	-		$	125,000	
Lien Book and Tax Roll	$	340,000	$	340,000	100%  $	-		$	425,000	
Annual Audit	$	20,000	$	20,000	100%  $	-		$	50,000	
Trustee	$	140,000	$	140,000	100%  $	-		$	150,000	
Manager	$	238,000	$	238,000	100%  $	-		$	238,000	
Postage	$	1,500	$	1,500	100%  $	-		$	3,000	
Office Supplies	$	1,500	$	1,500	100%  $	-		$	10,629	
Other Current Charges	$	3,810	$	3,810	100%  $	-		$	1,500	
Dues, Licenses, Subscriptions, Training	$	17,850	$	17,850	100%  $	-		$	22,000	
Payroll & Payroll Tax Expense	$	808,531	$	997,509	81%  $	188,978		$ 1,497,011	
Defined Employee Contribution Plan	$	38,000	$	38,000	100%  $	-		$	46,000	
Total - Administrative	$ 2,000,251	$	2,194,229	91%  $	193,978		$ 2,915,140	
Reserves	$	158,743	$	161,917	98%  $	3,175		$	270,956	

Maintenance:						
Maintenance Management Fee - allocated at buildout	$	90,209	$	91,657	98%  $	1,448		$	-	
General & Parks Maintenance - allocated at buildout	$	926,537	$	1,174,836	79%  $	248,299		$ 1,510,783	
Community Services Admin. Fee	$	207,025	$	353,210	59%  $	146,185		$	352,188	
Landscape & Irrigation Maintenance - Contracted	$ 2,987,390	$	3,014,936	99%  $	27,545		$ 3,014,936	
Landscape & Irrigation Repairs - Non-Contracted	$ 1,528,950	$	1,548,950	99%  $	20,000		$ 1,585,950	
Irrigation for Master Landscaping	$ 1,086,768	$	1,086,768	100%  $	-		$ 1,087,076	
Environmental	$	546,000	$	526,000	104%  $	(20,000)		$	536,000	
Utilities	$	81,000	$	86,000	94%  $	5,000		$	88,000	
Other Maintenance	$	461,175	$	508,200	91%  $	47,025		$	906,400	
Contingency	 $	- 	$	-	 $	- 		 $	- 	

Total - Maintenance	
$ 7,915,054	
$	8,390,557	
94%  $	475,502		
$ 9,081,333	

Total - Uses of Funds	
$ 10,074,048	
$  10,746,703	
94%  $	672,655		
$ 12,267,429	

Operating Surplus or Deficit	
$	0	
$	-	
$	(0)		
$	-	

Proposed  Budget FY2024;

Maintenance Expense by Land Area:	FY2023		RES. 		2023 Budget		Budget	
Southeast Sector	$1,580,267		$1,605,812	98%	$25,545		$1,708,212	
Northwest Sector	$1,831,949		$1,842,949	99%	$11,000		$1,922,949	
Northeast Sector	$1,627,867		$1,665,893	98%	$38,025		$1,799,693	
Sarasota Sector	$1,651,200		$1,656,200	100%	$5,000		$1,787,508	
Other / General Maintenance	$360,834		$603,467	60%	$242,633		$681,188	
Parks Maintenance	  $862,937			$1,016,236	85%		$153,299			$1,181,783	
Total	$7,915,054		$8,390,557	94%	$475,502		$9,081,333	

Page 1							

Budget

Increase (Decrease) 2024 Budget vs.

Estimated Buildout

Acct#	
EXPENSES	Budget FY2023	PROPOSED
Budget FY2024	ADOPTED FY2024
Budget vs. Budget 2023	ESTIMATED 
BUILDOUT  (B)	Prior Buildout
Estimate	
$ Change	
%	
Change	
						100%		

-
-
- 1,520
-	

0%
0%
0%
0%
3%
0%
0%	
EAST	EAST SECTOR OPERATIONS AND MAINTENANCE BUDGET DETAIL									
	Area identified as around Country Club East, Lake Club, Del Webb, Isles									
	INFLATIONARY FACTOR	3%								
	MASTER LANDSCAPING & IRRIGATION MAINTENANCE CONTRACTSᵃ									
60101	University Parkway from Lorraine to Concession	145,584	145,584	-	0%	145,584	145,584			
60102	The Masters Ave.; Lorraine to Players	192,000	192,000	-	0%	192,000	192,000			
60103	Lorraine Rd - East side	84,000	84,000	-	0%	84,000	84,000			
60104	Allocation from CDD's for UP and Lorraine medians	22,000	22,000	-	0%	22,000	22,000			
60106	Bournside Blvd. from Masters to SR70	51,480	53,000	1,520	3%	53,000	51,480			
60108	Masters Ave. from Players Dr. to Bourneside Blvd.	114,036	114,036	0	0%	114,036	114,036			
60109	Bourneside Blvd. from Masters to University Pkwy.	90,000	90,000	-	0%	90,000	90,000			
Subtotal Landscape Maintenance Contracts	699,100	700,620	1,520	0%	700,620	699,100	0%	

EAST	
NON CONTRACTED LANDSCAPING & IRRIGATION REPAIRS					41%	43%	-
1,520
-	0%	
60200	Irrigation Repairs	65,000	65,000	-	0%	65,000			0%	
60210
60215
60230
60231	Plant replacement Mulching
Tree Trimming
Other Landscape Maintenance; Non-Contracted, Contingency	105,000
87,000
31,000
60,000	105,000
87,000
31,000
60,000	-
-
-
-	0%
0%
0%
0%	105,000
87,000
31,000
60,000	65,000
105,000
87,000	

-
-	0%
0%
0%
0%	
Subtotal Non-Contracted Landscaping	348,000	348,000	-	0%	348,000	31,000	-	0%	

EAST	
IRRIGATION FOR MASTER LANDSCAPING					20%	60,02010%
348,000	-
-	0%	
60250	Monthly Meter Charge	9,192	9,192	-	0%	9,192		-	0%	
60255	Utilization	320,000	320,000	-	0%	320,000			0%	
Subtotal Irrigation	329,192	329,192	-	0%	329,192	392,109,0200	0%	

EAST	
ENVIRONMENTAL					19%	3292,109%2	-
-	0%	
60300	Lake maintenance for the lakes outside communities	30,000	30,000	-	0%	30,000		-	0%	
60340	Littoral Shelf Plantings	10,000	10,000	-		10,000	30,000		0%	
60350	Conservation Areas Exotic Species Removal	80,000	80,000	-	0%	80,000			0%	
Subtotal Environmental	120,000	120,000	-	0%	120,000	10,000	-	0%	

EAST	
UTILITIES					7%	80,070%0
120,000	-
-	0%	
60400	FLORIDA POWER & LIGHT	1,000	1,000	-	0%	1,000	1,000	-	0%	
Subtotal Utilities	1,000	1,000	-	0%	1,000	1,000	0%	
	
OTHER MAINTENANCE: EAST SECTOR					0%	0%	0%	
						-	
60600	Roads and sidewalks	2,000	2,000	-	0%	4,000	4,000	-	0%	
60610	Stormwater System & Drainage	20,000	25,000	5,000	25%	50,000	40,000		20%	
60611	Storm Damage and Clean Up	5,000	25,000	20,000	400%	50,000	5,000	10,000	90%	
60620
60640
60645	Sanitary Sewer Hardscapes
Signs	2,500
33,075
15,000	5,000
20,000
25,000	2,500
(13,075)
10,000	100%
-40%
67%	10,000
40,000
40,000	2,500
40,000
25,000	-45,000
7,500	75%
0%
38%	
60650	Miscellaneous Maintenance	5,000	5,000	-	0%	15,000	5,000	15,000	67%	
60655	Centralized irrigation system	400	-	(400)	-100%	400	400	-10,000	0%	
Subtotal	82,975	107,000	24,025	29%	209,400	121,900	42%	
					12%	8%	87,500
-	0%	
EAST	TOTAL EAST SECTOR	1,580,267	1,605,812	25,545	2%	1,708,212	1,619,192	5%	
					100%	1	89,020	0%	

Acct#
NW	
EXPENSES

NORTHWEST SECTOR OPERATIONS AND MAINTENANCE BUDGET DETAIL	Budget FY2023	PROPOSED
Budget FY2024	ADOPTED FY2024
Budget vs. Budget 2023	ESTIMATED 
BUILDOUT  (B)	Prior Buildout
Estimate	
$ Change	
% Change	

283,024
291,583
60,000
34,000
2,000
33,000
20,000	

-
- 26,000
-
-
-
-	

0%
0%
76%
0%
0%
0%
0%	

283,024
291,583
60,000
34,000
2,000
33,000
20,000				
Area identified as to the east of LWR Blvd, north of SR 70, south of SR 64 and west of Lorraine Rd.								

60144
60145
60113
60118
60141
60146
60147	INFLATIONARY FACTOR
MASTER LANDSCAPING & IRRIGATION MAINTENANCE CONTRACTSᵃ
NW Sector - East Contract NW Sector - West Contract
Kent Lake & Lake Bank Maintenance
Lake Bank mowing Silver Falls Run Crossland Trail Newhaven Blvd.	

283,024
291,583
34,000
34,000
2,000
33,000
20,000					

283,024
291,583

34,000
34,000
2,000	

-26,000
-

-	

0%
0%
43%
0%
0%
0%
0%	
Subtotal Landscape Maintenance Contracts	697,607	723,607	26,000	4%	723,607	33,006097,607	-	4%	
						38%	20,03080%	-26,000	0%	
NW	NON CONTRACTED LANDSCAPING & IRRIGATION REPAIRS									
								-		
60200	Irrigation Repairs	84,000	84,000	-	0%	84,000			0%	
60210
60215
60230
60231	Plant replacement Mulching
Tree Trimming
Other Landscape Maintenance; Non-Contracted, Contingency	84,000
105,000
84,000
152,250	84,000
105,000
84,000
152,250	-
-
-
-	0%
0%
0%
0%	84,000
105,000
84,000
152,250	84,000
84,000
105,000	

-
-	0%
0%
0%
0%	
Subtotal Non-Contracted Landscaping	509,250	509,250	-	0%	509,250	84,005009,250
152,250	-	0%	
						26%	27%	-	0%	
NW	IRRIGATION FOR MASTER LANDSCAPING							-		
60250	Monthly Meter Charge	9,192	9,192	-	0%	9,192		-	0%	
60255	Utilization	310,000	310,000	-	0%	310,000			0%	
Subtotal Irrigation	319,192	319,192	-	0%	319,192	391,109,0230109,192	0%	
						17%	18%	-	0%	
NW	ENVIRONMENTAL							-		
60300	Lake maintenance for the lakes outside communities	35,000	35,000	-	0%	35,000		-	0%	
60340
60350	Littoral Shelf Plantings
Conservation Areas Exotic Species Removal	15,000
120,000	15,000
100,000	-
(20,000)	0%
-17%	15,000
100,000	35,000	
(20,000)	0%
-20%	
Subtotal Environmental	170,000	150,000	(20,000)	-12%	150,000	15,001070,000
120,000	- (20,000)	-13%	

900
24,000	

900
24,000	

-
-	

0%
0%	8%	9%	-	0%	
NW
60400
60420	UTILITIES (Estimated via historical usage and projected additional area)
FLORIDA POWER & LIGHT PEACE RIVER					
900
24,000			
0%
0%	
Subtotal Utilities	24,900	24,900	-	0%	24,900	24,900	0%	
	
OTHER MAINTENANCE: NW SECTOR					1%	24,010%0	-	0%	
						-	
60610	Stormwater System & Drainage	30,000	30,000	-	0%	50,000		-	40%	
60611
60620
60640	Storm Damage and Clean Up Sanitary Sewer
Hardscapes	5,000
1,000
50,000	30,000
1,000
30,000	25,000
- (20,000)	0%
0%
-40%	50,000
1,000
40,000	30,000
5,000	20,000
45,000
(10,000)	90%
0%
-25%	
60645
60650	Signs
Miscellaneous Maintenance	20,000
5,000	20,000
5,000	-
-	0%
0%	40,000
15,000	1,000
50,000	
-20,000	50%
67%	
Subtotal Other Maintenance	111,000	116,000	5,000	5%	196,000	20,001011,000	10,000	43%	
					10%	5,000  6%	85,000	0%	
NW	TOTAL NORTHWEST SECTOR	1,831,949	1,842,949	11,000	1%	1,922,949	1,831,949	5%	
					100%		91,000	0%	

1

EXPENSES

Budget FY2023

PROPOSED	ADOPTED FY2024	ESTIMATED 
Budget FY2024  Budget vs. Budget 2023  BUILDOUT 
(B)

Prior Buildout Estimate

$ Change  % Change

Acct#
NE  NORTHEAST SECTOR OPERATIONS AND MAINTENANCE BUDGET DETAIL

Area identified as to the east of Lorraine Rd., north of SR 70, south of SR 64 and west to District boundary.

25

-

NE  NON CONTRACTED LANDSCAPING & IRRIGATION REPAIRS
60200 Irrigation Repairs
60210  Plant replacement
60215  Mulching
60230  Tree Trimming
60231 Other Landscape Maintenance; Non-Contracted, Contingency
Subtotal Non-Contracted Landscaping

50% -  54%

-29

0%

48,300
63,000
84,000
50,400
63,000
308,700

48,300
63,000
84,000
50,400
83,000
328,700

-
-
-
- 20,000
20,000

0%
0%
0%
0%
32%
6%

63,000
84,000 48,300
50,400 63,000

48,300 1

83,000 84,000

-

9,192
200,000
209,192

9,192
200,000
209,192

-
-
-

0%
0%
0%
#DIV/0!

18% 63,01090%
9,192
200,000

328,700 50,403008,700 -20,000

-

-20,000

0%
0%
0%
0%
24%
6%
0%

NE  IRRIGATION FOR MASTER LANDSCAPING
60250 Monthly Meter Charge 60255 Utilization
Subtotal Irrigation

209,192 290,109,0220009,192

0

0%
0%
0%
0%

NE  ENVIRONMENTAL
60300 Lake maintenance for the lakes outside communities 60340 Littoral Shelf Plantings and Maintenance
60350  Conservation Areas Exotic Species Removal
Subtotal Environmental

35,000
10,000
75,000
120,000

35,000
10,000
75,000
120,000

-
-
-
-

0%
0%
0%
0%

-
-
-

80,000 400,000
130,000 10,001030,000 -

40,000
10,000

0%
0%
0%
0%
0%

NE  UTILITIES (Estimated via historical usage and projected additional area)
60410  Manatee County
60420  PEACE RIVER
Subtotal Utilities

100
20,000
20,100

100
25,000
25,100

- 5,000
5,000

0%
25%
25%

7% 80,080%0
100
25,000

-
-
-

25,100	23,100

2,000

0%
8%
8%
0%

NE  OTHER MAINTENANCE: NE SECTOR
60610  Stormwater System & Drainage	15,000	25,000	10,000
60611  Storm Damage and Clean Up	5,000	15,000	10,000
60620  Sanitary Sewer	2,000	5,000	3,000
60640  Hardscapes	20,000	10,000	(10,000)
60645  Signs	20,000	20,000	-
60650  Miscellaneous Maintenance	1,200	1,200	-
Subtotal	63,200	76,200	13,000

67%
0%
150%
-50%
0%
0%
21%

1% 2130,0010%0
50,000
50,000
5,000 25,000

-
2,000

25,000
45,0(050,000

)

200,000 25,00088,200 13,800

15,000 22,000

40,000 10,000

40,000 5,000

18,000
15,000

11% 1,200

5% 111,800

TOTAL EXPENSES NORTHEAST SECTOR

1,627,867

1,665,893

38,025

2%	1,799,693	1,665,863

88%

1 133,829

50%
90%
-100%
45%
38%
92%
56%
0%
7%
0%

	INFLATIONARY FACTOR
MASTER LANDSCAPING & IRRIGATION MAINTENANCEᵃ		
60119	Post Blvd & SR70 Intersection	24,744	24,744	-	0%	24,744			0%	
60130	59th Avenue Lorraine Rd to Post Blvd	6,000	6,000	-	0%	6,000			0%	
60131	NE, State Road 70 & Lorraine	5,830	5,830	-	0%	5,830	24,740		0%	
60132	Uihlein Road; SR70 to 44th Ave.	140,838	140,838	-	0%	140,838	6,000	4	0%	
60133
60134	Lakebank and Swale Mowing
Lorraine Corners	8,000
94,000	8,000
94,000	-
-	0%
0%	8,000
94,000	514,803,0838	-
-	0%
0%	
60136	Academic & Lighterwood Trail	44,975	45,000	25	0%	45,000	8,000	-	0%	
60140
60145
60146	44th Ave from Lorraine to Bourneside
Post Blvd. from 59th Ave to Rangeland Pkwy. Uihlein Rd.; 44th Ave. to SR64	140,000
40,000
70,910	140,000
40,000
70,910	-
-
-	0%
0%
0%	140,000
40,000
70,910	94,000
44,975
140,000	-	-
-	0%
0%
0%	
60147	Rangeland Pkwy.; Uihlein Rd. to Bourneside Blvd.	120,000	120,000	-	0%	120,000	40,000	-	0%	
60148	Bourneside Blvd.; SR70 to SR64	127,379	127,379	-	0%	127,379	70,910
120,000	-	-	0%	
60149	Rangeland Pkwy.; Lorraine Rd. to Uihlein Rd.	84,000	84,000	-	0%	84,000	127,379	-	0%	
60135	Future Roads	-	-	-		-			
Subtotal Landscape Maintenance Contracts	906,675	906,701	25	0%	906,701	84,009006,671	0%	
				#DIV/0!	1		0%	

Acct#	
EXPENSES	Budget FY2023	PROPOSED
Budget FY2024	ADOPTED FY2024
Budget vs. Budget 2023	ESTIMATED 
BUILDOUT  (B)	Prior Buildout
Estimate	
$ Change	
% Change	
	SARASOTA SECTOR OPERATIONS AND MAINTENANCE BUDGET DETAIL									
	Area identified as Sarasota County lands within the District									
	INFLATIONARY FACTOR									
SRQ	MASTER LANDSCAPING & IRRIGATION REPAIRS CONTRACTSᵃ									
60101	Deer Drive from U.Pkwy. to LWR Blvd.	135,348	135,348	-	0%	135,348	135,348	-	0%	
60102	Lorraine Road from U.Pkwy. to Southern Boundary	168,504	168,504	-	0%	168,504	168,504	-	0%	
60103	LWR Blvd. from Communications Pkwy. to Southern Boundary	118,524	118,524	-	0%	118,524	118,524	-	0%	
60104	Lorraine Road; South Boundary to Fruitville Road	79,032	79,032	-	0%	79,032	79,032	-	0%	
60105	Blythe Ave., Cannon St., and Lucent Pl.	25,000	25,000	-	0%	25,000	25,000	-	0%	
Need #	Blue Lake Road	150,000	150,000	-	0%	150,000	150,000	-	0%	
Need #	Pine Warbler Place	7,600	7,600	-	0%	7,600	7,600	-	0%	
Subtotal Landscape Maintenance Contracts	684,008	684,008	-	0%	684,008	684,008	-	0%	
						38.27%	40%		0%	
SRQ	NON CONTRACTED LANDSCAPING & IRRIGATION REPAIRS									
60200	Irrigation Repairs	48,400	48,400	-	0%	60,000	60,000	-	0%	
60210	Plant replacement	96,800	96,800	-	0%	100,000	100,000	-	0%	
60215	Mulching	72,600	72,600	-	0%	80,000	80,000	-	0%	
60230	Tree Trimming	48,400	48,400	-	0%	60,000	60,000	-	0%	
60231	Other Landscape Maintenance; Non-Contracted, Contingency	96,800	96,800	-	0%	100,000	100,000	-	0%	
Subtotal Non-Contracted Landscaping	363,000	363,000	-	0%	400,000	400,000	-	0%	
						22.38%	23.37%		0%	
SRQ	IRRIGATION FOR MASTER LANDSCAPING									
60250	Monthly Meter Charge	9,192	9,192	-	0%	9,500	9,500	-	0%	
60255	Utilization	220,000	220,000	-	0%	220,000	220,000	-	0%	
Subtotal Irrigation	229,192	229,192	-	0%	229,500	229,500	-	0%	

SRQ
60300
60340
60350	
ENVIRONMENTAL
Lake maintenance for the lakes outside communities Littoral Shelf Plantings
Conservation Areas Exotic Species Removal	

50,000
6,000
80,000	

50,000
6,000
80,000	

-
-
-	

0%
0%
0%	12.84%	13.41%	

-
-
-	0%	
						
50,000
6,000
80,000	
50,000
6,000
80,000		
0%
0%
0%	
Subtotal Environmental	136,000	136,000	-	0%	136,000	136,000	-	0%	

SRQ
60400
60420	
UTILITIES (Estimated via historical usage and projected additional area)
FLORIDA POWER & LIGHT PEACE RIVER	

35,000
-	

35,000
-	

-
-		7.61%	7.95%	

-
-	

0%
0%	
					
0%	
35,000
2,000	
35,000
2,000			
Subtotal Utilities	35,000	35,000	-	0%	37,000	37,000	-	0%	
						2.07%	2.16%			
SRQ	OTHER MAINTENANCE:									
60610	Stormwater System & Drainage	30,000	30,000	-	0%	50,000	42,000	8,000	16%	
60611	Storm Damage and Clean Up	5,000	30,000	25,000	500%	50,000			90%	
60620
60635	Sanitary Sewer
Water Taxi - Operation, Maint & Insurance	2,000
100,000	2,000
100,000	-
-	0%
0%	6,000
100,000	6,000
5,000100,000	45,000  -
-	0%
0%	
60640	Hardscapes	45,000	25,000	(20,000)	-44%	40,000	45,000	(5,000)	-13%	
60645	Signs	20,000	20,000	-	0%	40,000	25,000	15,000	38%	
60650	Miscellaneous Maintenance	2,000	2,000	-	0%	15,000	2,000	13,000	87%	
Subtotal	204,000	209,000	5,000	2%	301,000	225,000	76,000	25%	
					17%	13%		
TOTAL SARASOTA SECTOR	1,651,200	1,656,200	5,000	0%	1,787,508	1,711,508	76,000	4%	
					100%	100%	0%	

EXPENSES
Acct#
DISTRICT OPERATIONS AND MANAGEMENT APPORTIONED BY EDU's
A. PERSONNEL

60724  Operations and Maintenance Management Fee - LWRD Personnel	Budget FY2023	PROPOSED
Budget FY2024	ADOPTED FY2024
Budget vs. Budget 2023	ESTIMATED 
BUILDOUT  (B)	Prior Buildout
Estimate	
$ Change	
% Change	

90,209	

91,657	

1,448	

2%	

-	

-	

-	
Subtotal	90,209	91,657	1,448	2%	-	-	-	
B. OPERATIONS
60725  Uniforms
60730  Job Materials
60735  Phone/Radio
60740 Office Supplies 60745 Fuel & Oil 60750 Equipment
60755  Tools/Machinery
60760  Supplies
60765  Employment Advertising
60770 Miscellaneous Maintenance Maintenance Yard
Vehicle R&M Vehicle
60790  Waste Management
Centralized Irrigation System	
2,000	
4,000	
2,000	
100%	
5,000	
5,000	
-	
0%	
	8,000	8,000	-	0%	20,000	20,000	-	0%	
	5,000	5,000	-		12,000	12,000	-	0%	
	3,000	3,000	-		5,000	5,000	-	0%	
	18,600	18,600	-	0%	50,000	50,000	-	0%	
	-	5,000	5,000		10,000	10,000	-	0%	
	5,000	5,000	-	0%	10,000	10,000	-	0%	
	5,000	30,000	25,000	500%	30,000	10,000	20,000	67%	
	-	-	-		2,000	2,000	-	0%	
	10,000	10,000	-	0%	24,000	24,000	-	0%	
	-	3,000	3,000		24,000	24,000	-	0%	
	4,000	4,000	-	0%	10,000	10,000	-	0%	
		60,000	60,000		120,000	36,000	84,000	70%	
	3,000	3,000	-	0%	5,000	5,000	-	0%	
	-	-	-		2,000	2,000	-	0%	
Subtotal	63,600	158,600	95,000	149%	329,000	225,000	104,000	32%	
C. 60785 COMMUNITY SERVICES PARKS & AMENITIES ADMIN. FEE	207,025	$353,210	$146,185	71%	$352,188	$325,620	26,568	8%	
Total Operations and Management	360,834	603,467	242,633	67%	681,188	550,620	130,568	19%	
PARKS & FACILITIES; APPORTIONED BY EDU'S
60791 Bob Gardner Park 60792 James L Patton Park 60793 Roger Hill Park 60794 Silver Falls Park 60795 Waterside Place Park 60796 Town Hall North
Passive Parks (117th) University LWR Entrance
Need # Trails (Harmony, Curlew)	
350,000	
350,000	
-	
0%	
350,000	
350,000	
-	
0%	
	140,000	140,000	-	0%	140,000	140,000	-	0%	
	25,000	50,000	25,000	100%	50,000	25,000	25,000	50%	
	27,500	27,500	(0)	0%	27,500	27,500	-	0%	
	222,436	194,736	(27,700)	0%	233,683	266,923	(33,240)	-14%	
	98,000	98,000	-	-200%	98,000	117,600	(19,600)	-20%	
		5,000	5,000	-100%	15,000	-	15,000	100%	
		150,000	150,000	0%	150,000	-	150,000	100%	
		1,000	1,000	0%	117,600	-	117,600	100%	
Total Parks	862,937	1,016,236	153,299	18%	1,181,783	927,023	254,760	22%	
								
TOTAL MAINTENANCE	7,915,054	8,390,557	475,502	6%	9,081,333	8,306,156	775,177	9%	
ADMINISTRATIVE									
70000  Insurance	20,000	20,000	-	0%	20,000	20,000	-	0%	
70005  Board Supervisors	12,000	12,000	-	0%	12,000	12,000	-	0%	
70010  Meeting Advertising	11,060	11,060	-	0%	20,000	20,000	-	0%	
70030  Engineering	90,000	90,000	-	0%	90,000	75,000	15,000	17%	
70040  Bond Agent Fees	23,000	23,000	-	0%	75,000	75,000	-	0%	
Arbitrage Report	-	5,000	5,000		5,000	-	5,000	100%	
70050  Legal Fees	125,000	125,000	-	0%	125,000	125,000	-	0%	
70060  Accounting	110,000	110,000	-	0%	125,000	125,000	-	0%	
70065  Lien Book and Tax Roll	340,000	340,000	-	0%	425,000	425,000	-	0%	
70070  Annual Audit	20,000	20,000	-	0%	50,000	50,000	-	0%	
70080  Trustee	140,000	140,000	-	0%	150,000	150,000	-	0%	
70090  Manager	238,000	238,000	-	0%	238,000	238,000	-	0%	
70120  Postage	1,500	1,500	-	0%	3,000	3,000	-	0%	
70150  Office Supplies	1,500	1,500	-	0%	1,500	1,500	-	0%	
70160 Other Current Charges	3,810	3,810	-	0%	10,629	10,629	-	0%	
70170  Dues, Licenses, Subscriptions, Training	17,850	17,850	-	0%	22,000	22,000	-	0%	
70180  Payroll & Payroll Tax Expense	808,531	997,509	188,978	23%	1,497,011	1,270,238	226,773	15%	
70182  Cell Phone	-	-	-		-	-	-	0%	
70183  Healthcare	-	-	-		-	-	-	0%	
70185 Defined Employee Contribution Plan	38,000	38,000	-	0%	46,000	46,000	-	0%	
TOTAL ADMINISTRATIVE	2,000,251	2,194,229	193,978	10%	2,915,140	2,668,367	246,773	8%	
RESERVES	158,743	161,917	3,175		270,956	270,956	-	0%	
EXPENSES GRAND TOTAL	10,074,048	10,746,703	672,655	7%	12,267,429	11,245,478	1,021,950	8%	

Acct#

EXPENSES	Budget FY2023	PROPOSED
Budget FY2024	ADOPTED FY2024
Budget vs. Budget 2023	ESTIMATED 
BUILDOUT  (B)	Prior
Buildout Estimate	
$ Change	
%	
Change	

REVENUES - % FROM PLATTED LOTS					
100%	
100%		
0%	
ASSESSMENTS FROM PLATTED LOTSᵇ	7,628,144	9,183,124	1,554,980	20%	12,267,429	11,245,478	1,021,950	8%	
ASSESSMENTS FROM UNPLATTED	216,012	173,190	(42,823)	-20%			-		
LANDOWNER CONTRIBUTIONS (A)	2,228,891	1,389,390	(839,502)	-38%			-		
INTEREST INCOME	-	-	-				-		
OTHER INCOME (PARK RENTAL FEES)	1,000	1,000	-	0%			-		
TOTAL	10,074,048	10,746,703	672,655	7%	12,267,429	11,245,478	1,021,950	8%	
			TOTAL CHANGE VS. PRIOR YEAR	1,021,950			
OPERATING SURPLUS (DEFICIT)	0	0	(0)		0	0	0		

INCLUDES LOTS NOT PLATTED AT BEGINNING OF YEAR AND SOLD TO A THIRD PARTY DURING YEAR.
ᵃLandscape contracts are inclusive of turf maint., shrub & ornamental tree maint., bed maint., and
ᵇBuildout assessments budget includes a cushion to account for county administration and
BUILDOUT AMOUNTS ARE IN CURRENT YEAR $. FINAL BUILDOUT AMOUNTS MAY BE SIGNIFICANTLY DIFFERENT DUE TO ECONOMIC FACTORS AND PLAN CHANGES

LAKEWOOD RANCH STEWARDSHIP DISTRICT
FOR OCTOBER 1, 2023 TO SEPTEMBER 30, 2024 DISTRICT OPERATION & MAINTENANCE BUDGET BUDGET SUMMARY SCHEDULE SHOWING COST PER UNIT & ASSESSMENT PER UNIT

Current year per unit assessments are the projected amount of the per unit annual assessments at buildout. The per unit annual assessment at buildout is based on estimated EDU's at buildout and acres within the District. Please see detail schedules on both and please note the following:
BUILDOUT AMOUNTS ARE ESTIMATES BASED ON INFORMATION AT THE TIME OF THIS SCHEDULE USING NEW BUDGET YEAR $.
ACTUAL BUILDOUT AMOUNTS MAY BE SIGNIFICANTLY DIFFERENT FROM THE AMOUNTS SHOWN ABOVE DUE TO CHANGES IN LAND PLANS, EDU's, INFLATION

3%

2022 BUDGET	
ADOPTED		
UNITS	
AVG. PER	ESTIMATED BUILDOUT BUDGET

$12,267,429	
UNITS

27,502	
AVG. PER UNIT

$446	
PRIO R YEAR

$432	
CHANGE VS. PRIOR YEAR

$14	
			BUDGET 2023			UNIT						
SOURCES OF FUNDS												
ASSESSMENTS - PLATTED PARCELS		$7,628,144	$9,183,124		20,827	$441						
	SE											
	NW											
	NE											
	SRQ											
		
ASSESSMENTS - UNPLATTED LAND	
SE NW NE SRQ	$216,012	$173,190				$0	
		
LANDOWNER CONTRIBUTIONS - SMR		$2,228,891	$1,389,390				$0		
	SE								
	NW								
	NE								
	SRQ								
PARK RENTAL FEES		$1,000	$1,000					
TOTAL SOURCES		$10,074,048	$10,746,703		20,827	$441	$12,267,429	$446	$377	$69	
SE NW NE
SRQ	
27,502	

USES OF FUNDS				

Variance	

Variance Notes:					
EAST SECTOR		$1,580,267	$1,605,812	$25,545			1,708,212	4,155	$411	$419	($8)	
NORTHWEST SECTOR		$1,831,949	$1,842,949	$11,000			1,922,949	8,602	$224	$215	$8	
NORTHEAST SECTOR		$1,627,867	$1,665,893	$38,025			1,799,693	10,250	$176	$160	$16	
SARASOTA SECTOR		$1,651,200	$1,656,200	$5,000			1,787,508	4,495	$398	$443	($45)	
OPERATIONS & MANAGEMENT		$153,809	$250,257	$96,448			329,000	27,502	$12	$27	($15)	
COMM. SERV. MGMT. FEE		$207,025	$353,210	$146,185			352,188	27,502	$13	$12	$1	
PARKS		$862,937	$1,016,236	$153,299			1,181,783	27,502	$43	$29	$14	
GENERAL RESERVES		$158,743	$161,917	$3,175			270,956	27,502	$10	$10	($1)	
ADMINISTRATIVE		$2,000,251	$2,194,229	$193,978			2,915,140	27,502	$106	$44	$62	
TOTAL USES		$10,074,048	$10,746,703	$672,655			$  12,267,429	27,502	$446	$377	$69	
							
NET ASSESSMENT PER UNIT BY SECTOR:			
							AVG. PER	PRIO	Variance	
							UNIT	R		
NET ADDITION TO FUND BALANCE		$0	$0				EAST SECTOR TOTAL	$595	$576	$19	
							NORTHWEST SECTOR TOTAL	$407	$380	$27	
USES CHANGE VS PRIOR YEAR			$672,655				*Additional one time 2021/22 assessment for certain LWC/NW Sector lots on separate	
PERCENTAGE CHANGE			7%				NORTHEAST SECTOR TOTAL	$359	$330	$29	
							SARASOTA SECTOR TOTAL	$581	$645	($64)	

AVG. PER UNIT	PRIOR YEAR	
7% GROSS UP:	7% GROSS UP:	
$636
$436	$616
$406	

$384
$622	
$353
$690	

7%
tab

8%
-9%

LAKEWOOD RANCH STEWARDSHIP DISTRICT
ESTIMATED EDU's BY COMMUNITY AND ALLOCATION OF OPERATIONS & MAINTENANCE BUDGET - BASED ON PROJECTIONS AS OF MAY 2023 FOR OCTOBER 2023 TO SEPTEMBER 2024 DISTRICT OPERATIONS & MAINTENANCE BUDGET
ESTIMATED EDU'S						Revenue based on # of EDU	
	PROJECTED BUILDOUT EDU'S		PLATTED AS OF MAY 2022		W/IN		ASSESSMENTS		
	AS OF MAY 2022	% OF	BUDGET YEAR EDU'S	% OF	SECTOR	PER	REVENUE  PRIOR	VAR	
	RES UNITS	RES EDU	COMM EDU	TOTAL	TOTAL	RES UNITS	RES EDU	COMM	TOTAL	TOTAL	%'S	EDU	TOTAL	YEAR		
EAST SECTOR														
LAKE CLUB - SF - Phase 1 & 2	327	327		327	1.19%	327	328	328	1.57%	9%		195,064	188,960		
LAKE CLUB - SF - Phase 3 (Stock)	68	68		68	0.25%	68	68	68	0.33%	2%		40,440	39,175		
LAKE CLUB - SF - Phase 4 - Stock Development - Genoa	312	312		312	1.13%	312	312	312	1.50%	8%		185,548	160,155		
CC EAST - SF	1,262	1,262		1,262	4.59%	1,262	1,262	1,262	6.06%	34%		750,519	727,036		
CC EAST - MF - "Clubside"	92	46		46	0.17%	92	46	46	0.22%	1%		27,356	26,501		
CCE EAST GOLF COURSE			18	18	0.07%			18	18	0.09%	0%		10,705	10,370		
DEL WEBB - Pulte Homes	1,286	1,286		1,286	4.68%	1,286	1,286	1,286	6.17%	34%		764,792	740,863		
The Isles, Toll Brothers	450	450		450	1.64%	353	353	353	1.69%	9%		209,931	181,471		
Monarch Acres	8	8		8	0.03%	8	8	8	0.04%	0%		4,758	0		
Trinity Enterprise Holdings, Inc - ID 588602309 - 69.65 acres			40	40	0.15%			0	0.00%	0%		0	0		
Schroeder Manatee Ranch - ID 588605159 - Corp HQ Building			12.96	12.96	0.05%			12.96	12.96	0.06%	0%		7,707	6,913		
NE Corner of Lorraine & Upkwy:														
Real Sub LLC (Publix) - ID 588601559 - 60,320 sq ft			24.1	24.1	0.09%			24.13	24	0.12%	1%		14,349	13,900		
Real Sub LLC (Libby's, UPS, Dunkin) - ID 588601459 - 16,950 sq ft			6.8	6.8	0.02%			6.78	7	0.03%	0%		4,032	3,906		
PRD Real Estate LLC (Dental) - ID 588600979 - 3,924 sq ft			1.57	1.57	0.01%			1.57	2	0.01%	0%		933	904		
Real Sub, LLC (Bank)- ID 588601509 - 4,000 sq ft			1.6	1.6	0.01%			1.60	2	0.01%	0%		952	922		
REMAINING EAST LAND - (East of Bourn.)	250	250	20	270	0.98%			0	0.00%	0%		0	0		
Triangle Parcel - SW corner of Masters & Bournside			21	21	0.08%			0	0.00%	0%		0	0		
SUBTOTAL	4,055	4,009	146	4,155	15.11%	3,708	3,663	65	3,728	17.90%	100%	$595	$2,217,087 $2,101,076	$116,011	
												5%	
NW SECTOR													
CENTRAL PARK	826	826		826	3.00%	826	826	826	3.97%	12%		336,288	313,519		
EQUITABLE NATIONAL PROPERTY COMPANY LLC ID #579600989 -							0	0.00%	0%				
16.16acres		40	40	0.15%							0	0		
EQUITABLE NATIONAL PROPERTY COMPANY LLC, CENTRAL PARK		10	10	0.04%			0	0.00%	0%		0	0		
Commercial - ID #579625759 - 3.25 acres													
Lakewood Center South / NW Sector:													
ESPLANADE - SF	954	954		954	3.47%	954	954	954	4.58%	13%		388,400	388,672		
ESPLANADE- MF (Townhomes)	296	148		148	0.54%	296	148	148	0.71%	2%		60,255	33,402		
BRIDGEWATER - Lennar Homes	275	275		275	1.00%	275	275	275	1.32%	4%		111,960	104,380		
HARMONY - SF	142	142		142	0.52%	142	142	142	0.68%	2%		57,812	53,898		
HARMONY - MF (Townhomes)	535	268		268	0.97%	535	268	268	1.28%	4%		108,907	101,533		
LOST CREEK APARTMENTS	272	136		136	0.49%	272	136	136	0.65%	2%		55,369	51,621		
CREEKSIDE APARTMENTS	256	128		128	0.47%	256	128	128	0.61%	2%		52,112	48,584		
LUXE APARTMENTS - Davis Devlopment-Parcel J	237	119		119	0.43%	237	119	119	0.57%	2%		48,245	44,978		
PALISADES (DR Horton)	150	150		150	0.55%	150	150	150	0.72%	2%		61,069	56,934		
WHITE EAGLE PLAZA, Micaso, LLC (Parcel K) - 1.23 acres		4	4	0.01%		0	4	4	0.02%	0%		1,629	1,518		
ANTIGUA, BB Living Site, - 50.67 acres, ID #583250309	192	96		96	0.35%	192	96	96	0.46%	1%		39,084	0		
WOODY's, WWS 21 003 SILVER PALMS LLC, (Parcel M) - ID#579900909		2	2	0.01%		0	2	2	0.01%	0%		924	0		
Parcel "F" - Rangeland and LWRB		4	4	0.01%		0	0	0.00%	0%		0	0		
RENATA APARTMENTS, Ryan Companies - ID #583202909 Parcels L to O	502	251		251	0.91%	502	251	251	1.21%	4%		102,189	0		
Parcel "F" - off of 44th	76	76		76	0.28%		0	0	0.00%	0%		0	0		
Parcel "H" - Rangeland & Lorraine		10	10	0.04%		0	0	0.00%	0%		0	0		
CORE (within LWCS):													
The Green - Lot 1 - ID #583207059 - JMM Lakewood Ranch LLC - 44,330 sq ft		2.95	2.95	0.01%			2.95	2.95	0.01%	0%		1,199	1,118		
The Green - Lot 2 - ID #583207109 - Apple East Holdings LLC - 2762 sq ft		1.10	1.10				1.10	1.10	0.01%	0%		450	419		
The Green - Lot 3 - ID #583207159 - Lakewood Ranch Owner LP - 7,125 sq ft		2.85	2.85				2.85	2.85	0.01%	0%		1,160	1,082		
The Green - Lot 4 - ID #583207209 - Santa Cruz Riverfront, LLC		2.00	2.00				2.00	2.00	0.01%	0%		814	759		
The Green - Lot 5 - ID #583207259 - 150 Food Bradenton, LLC - 4,114 sq ft		1.65	1.65				1.65	1.65	0.01%	0%		670	625		
CVS The Green Lot 6 - ID #583207329 - LN Properties CV, LLC - 13,727 sq ft		5.49	5.49				5.49	5.49	0.03%	0%		2,235	2,084		
The Green - Lot 7 - ID #583207359 - DOHENY DRIVE PROPERTIES LLC		2.81	2.81				2.81	2.81	0.01%	0%		1,143	1,066		
The Green - Lots 8 & 9 are Parking Lots - 583208159 & 583208109													
The Green - Lot 10 - ID #583207509 - Lakewood Ranch Owner LP - 44,330 sq ft		17.73	17.73				17.73	17.73	0.09%	0%		7,219	6,730		
The Green - Lot 11 - ID #583207559 - Lakewood Ranch Owner LP - 25,170 sq ft		10.07	10.07				10.07	10.07	0.05%	0%		4,099	3,821		
The Green - Lot 12 - ID #583207609 - Lakewood Ranch Owner LP - 33,971 sq ft		13.59	13.59				13.59	13.59	0.07%	0%		5,532	5,158		
THE RESIDENCES, Tavistock (Apartments) - ID #583207459	300	150		150	0.55%	300	150	150.00	0.72%	2%		61,069	56,934		
MERCEDES SCIENTIFIC, Bridgehouse Holdings - ID# 583202609 - 55,010 sq ft		22.00	22.00	0.08%			22.00	22.00	0.11%	0%		8,958	8,352		
LWR MOB (Optimal Outcomes) - ID #583204509 - 47,803 sq ft		19.12	19.12	0.07%			19.12	19.12	0.09%	0%		7,785	7,258		
MC SHERIFF OFFICE - ID#583207409 - SMR North 70 LLC - 3,182 sq ft		1.27	1.27	0.00%			1.27	1.27	0.01%	0%		518	483		
LWR PREPARATORY ACADEMY, Red Appple at LWR, LLC; ID# 583204809		47.06	47.06	0.17%			47.06	47.06	0.23%	1%		19,158	17,861		
ORLANDO HEALTH		260.00	260.00	0.95%			0.00	0.00	0.00%	0%		0	1,518		
CORE remaining 167 acres		800	800	2.91%			0	0.00%	0%		0	0		
Lakewood Center North 1 - "Commercial Units":													
SHERRIDAN, SHI II SLD Lakewood Ranch - Unit 1 - ID #583206059		43.60	43.60	0.16%		0	43.60	43.60	0.21%	1%		17,752	16,525		
Parcel G - ID #583206809		10.00	10.00	0.04%		0	0.00	0.00	0.00%	0%		0	0		
Parcel G - ID #583206759		10.00	10.00	0.04%		0	0.00	0.00	0.00%	0%		0	0		
PRIMROSE, PS at LWR North LLC- ID #583206709 - 12,236 sq ft		4.89	4.89	0.02%		0	4.89	4.89	0.02%	0%		1,993	1,858		
INTERCOASTAL MEDICAL, Rangeland MOB 11 - Units 6&7 -ID #583206179		9.58	9.58	0.03%		0	9.58	9.58	0.05%	0%		3,902	3,637		
J & B INTERNATIONAL PROPERTIES LLC - Unit 8 - ID #583206259		20.00	20.00	0.07%		0	0.00	0.00	0.00%	0%		0	0		
SCATA Realestate - Unit 9 - ID #583206309		8.95	8.95	0.03%		0	8.95	8.95	0.04%	0%		3,645	3,398		
INTERCOASTAL MEDICAL, Rangeland MOB -Unit 10 -ID #583206359		8.95	8.95	0.03%		0	8.95	8.95	0.04%	0%		3,645	3,733		

LAKEWOOD RANCH STEWARDSHIP DISTRICT
ESTIMATED EDU's BY COMMUNITY AND ALLOCATION OF OPERATIONS & MAINTENANCE BUDGET - BASED ON PROJECTIONS AS OF MAY 2023 FOR OCTOBER 2023 TO SEPTEMBER 2024 DISTRICT OPERATIONS & MAINTENANCE BUDGET
ESTIMATED EDU'S						Revenue based on # of EDU	
	PROJECTED BUILDOUT EDU'S		PLATTED AS OF MAY 2022		W/IN		ASSESSMENTS		
	AS OF MAY 2022	% OF	BUDGET YEAR EDU'S	% OF	SECTOR	PER	REVENUE  PRIOR	VAR	
		RES UNITS	RES EDU	COMM EDU	TOTAL	TOTAL	RES UNITS	RES EDU	COMM	TOTAL	TOTAL	%'S	EDU	TOTAL	YEAR		
Lakewood Center North:														
ARBOR GRANDE - Standard Pacific - SF	183	183		183	0.67%	183	183	183	0.88%	3%		74,504	69,460		
ARBOR GRANDE - Standard Pacific - MF	122	61		61	0.22%	122	61	61	0.29%	1%		24,835	23,153		
MALLORY PARK - Divosta Homes - SF	379	379		379	1.38%	379	379	379	1.82%	5%		154,301	143,854		
MALLORY PARK - Divosta Homes - MF	38	19		19	0.07%	38	19	19	0.09%	0%		7,735	7,212		
Northland Echo Lake LLD (ECHO LAKE APARTMENTS) ID 579902459	360	180		180	0.65%	360	180	180	0.86%	3%		73,283	68,321		
INDIGO - Neal Homes	556	556		556	2.02%	556	556	556	2.67%	8%		226,363	211,037		
SAVANNAH - Meritage Homes	475	475		475	1.73%	475	475	475	2.28%	7%		193,386	180,292		
Woodleaf Hammock - Homes by Towne - SF	91	91		91	0.33%	91	91	91	0.44%	1%		37,049	34,540		
Woodleaf Hammock - Homes by Towne - MF	162	81		81	0.29%	162	81	81	0.39%	1%		32,977	30,745		
Estia Apartments - ID 567811159	230	115		115	0.42%	230	115	115	0.55%	2%		46,820	43,650		
SUMMERHOUSE APARTMENTS,PR II/LIV - ID #580075059	257	129		129	0.47%	257	129	129	0.62%	2%		52,316	48,774		
ABC Properties LTD - ID 580075109			4	4	0.02%		0	4.39	4	0.02%	0%		1,788	1,667		
Circle K Stores Inc - ID 580075159			2	2	0.01%		0	2.16	2	0.01%	0%		878	819		
CBH Properties Bradenton LLC - ID 580075359			2	2	0.01%	2	2	2	0.01%	0%		861	0		
HH Pizza Factory - ID 580075309			4	4	0.01%			0	0.00%	0%		0	0		
CNL 117th Street East - ID 580075209			3	3	0.01%			0	0.00%	0%		0	0		
CNL 117th Street East - ID 580075259			1	1	0.00%			0	0.00%	0%		0	0		
PUBLIX, NAP LR6, LLC - ID #580091309			23	23	0.08%			23.10	23	0.11%	0%		9,405	0		
S&L Properties Lakewood Ranch LLC - ID #580091059			2	2	0.01%			0.00	0	0.00%	0%		0	0		
NAP LR6, LLC - ID #580091109			2	2	0.01%			0.00	0	0.00%	0%		0	0		
NAP LR6, LLC - ID #580091159			2	2	0.01%			0.00	0	0.00%	0%		0	0		
NAP LR6, LLC - ID #580091409			2	2	0.01%			0.00	0	0.00%	0%		0	0		
NAP LR6, LLC - ID #580091209			2	2	0.01%			0.00	0	0.00%	0%		0	0		
NAP LR6, LLC - ID #580091459			2	2	0.01%			0.00	0	0.00%	0%		0	0		
NAP LR6, LLC - ID #580091359			2	2	0.01%			0.00	0	0.00%	0%		0	0		
WMG ACQUISITIONS LLC - ID #580091259			2	2	0.01%			0.00	0	0.00%	0%		0	0		
The Oasis at Manatee River LLC (Picerne) - ID 579900609	292	146		146	0.53%	292	146	146	0.70%	2%		59,441	55,416		
"Artesia" - TI Investors of LWR South LLC - HBT Parcel U - ID 579989679	215	108		108	0.39%	215	108	108	0.52%	2%		43,766	47,445		
"Vida" - TI Investors of LWR North LLC - HBT Parcel U - ID 579989659	304	152		152	0.55%	304	152	152	0.73%	2%		61,883	57,694		
Avalon Woods, NW Corner of 44th & Lorraine - NVR/Ryan Homes - MF	122	61		61	0.22%	122	61	61	0.29%	1%		24,835	0		
Avalon Woods, NW Corner of 44th & Lorraine - NVR/Ryan Homes - SF	217	217		217	0.79%	217	104	104	0.50%	1%		42,341	0		
NW Corner of 44th & White Eagle -Parcel Y	84	42		42	0.15%			0	0.00%	0%		0	0		
Parcel GG, HH, DD - 83,000Sq Ft			33	33	0.12%			0	0.00%	0%		0	0		
Buisiness Park & Commerce Park:														
Harrod Properties														
MDH F1 BRADENTON 1 LLC - ID #567813009 - 60,810 sq ft			24	24	0.09%			24	24	0.12%	0%		9,903	9,232		
MDH F1 BRADENTON 1 LLC - ID #567810859 - 60,810 sq ft			24	24	0.09%			24	24	0.12%	0%		9,903	9,232		
MDH F1 BRADENTON 1 LLC - ID #567813159 - 60,810 sq ft			24	24	0.09%			24	24	0.12%	0%		9,903	9,232		
MDH F1 BRADENTON 1 LLC - ID #567813209 - 60,810 sq ft			24	24	0.09%			24	24	0.12%	0%		9,903	9,232		
MDH F1 BRADENTON 1 LLC - ID #567813059 - 100,270 sq ft			40	40	0.15%			40	40	0.19%	1%		16,329	15,224		
MDH F1 BRADENTON 1 LLC - ID #567810909 - 100,270 sq ft			40	40	0.15%			40	40	0.19%	1%		16,329	15,224		
GATEWOOD CORPORATE CENTER COMMERCIAL CONDOMINIUM O,			24	24	0.09%			24	24	0.12%	0%		9,903	9,232		
Building 7 - ID #567814009														
GATEWOOD COMMERCE CENTER LLC, ID #567810959			4	4	0.01%			0	0	0.00%	0%		0	0		
Business Park														
Midgard Self Storage - ID #579102909 - 6 buildings = total 89,450 sq ft			35.78	35.78	0.13%			35.78	35.78	0.17%	1%		14,567	13,581		
Ungabungawunga - ID #579102409			3.60	3.60	0.01%			3.60	3.60	0.02%	0%		1,466	1,366		
Sarasota Italian Properties - ID#579102609			3.64	3.64	0.01%			3.64	3.64	0.02%	0%		1,482	1,382		
SOLUTIONS BUSINESS PLAZA CONDOMINIUM OWNERS- ID #579104509			4.00	4.00	0.01%			4.00	4.00	0.02%	0%		1,629	784		
Sorrentino - ID# 579104209			2.07	2.07	0.01%			2.07	2.07	0.01%	0%		841	303		
DANIEL A STEWART DMD PLLC - ID# 579104109			.80	.80	0.00%			0.80	0.80	0.00%	0%		326	430		
DANIEL A STEWART DMD PLLC - ID# 579104159			1.13	1.13	0.00%			1.13	1.13	0.01%	0%		461	17		
Brothers Duo - ID#579104109			.05	.05	0.00%			0.05	0.05	0.00%	0%		19	25		
Brothers Duo - ID#579104159			.07	.07	0.00%			0.07	0.07	0.00%	0%		26		
IPOOP Palace - ID 579101209			4.00	4.00	0.01%			4.00	4.00	0.02%	0%		1,629	1,518		
KW Realty - ID#579101259 - 2 buildings = 22,067 sq ft			8.83	8.83	0.03%			8.83	8.83	0.04%	0%		3,594	3,350		
SCI Funeral Services of FL - ID 579102659			2.68	2.68	0.01%			2.68	2.68	0.01%	0%		1,091	1,017		
Gut Hut LLC - ID 579103559			3.81	3.81	0.01%			3.81	3.81	0.02%	0%		1,553	1,448		
Gut Hut II LLC - ID 579103609			4.11	4.11	0.01%			4.11	4.11	0.02%	0%		1,672	1,559		
LWRG Developments LLC - ID 579102959			7.27	7.27	0.03%			7.27	7.27	0.03%	0%		2,960	2,760		
KB Schmidt Enterprises - ID 579101159			4.11	4.11	0.01%			4.11	4.11	0.02%	0%		1,675	1,562		
Gray Bella - ID 579101409			7.13	7.13	0.03%			7.13	7.13	0.03%	0%		2,903	2,706		
SLN Holdings - ID 579102159			2.52	2.52	0.01%			2.52	2.52	0.01%	0%		1,024	955		
KGJ Sarasota LLC - ID 579102459			4.94	4.94	0.02%			4.94	4.94	0.02%	0%		2,010	1,874		
Bearing Point Construction - ID 579102209			.98	.98	0.00%			0.98	0.98	0.00%	0%		401	373		
Iriss Group Property Holdings - ID 579102309			17.98	17.98	0.07%			17.98	17.98	0.09%	0%		7,319	6,824		
Gut Hut III LLC - ID 579102059			4.00	4.00	0.01%			0.00	0.00	0.00%	0%		0	1,518		
American Land Resources - ID 579101459			4.00	4.00	0.01%			4.00	4.00	0.02%	25%		1,629	1,518		
4816 Lena LLC - ID 579102109			5.28	5.28	0.02%			0.00	0.00	0.00%	0%		0	2,004		
Inner Compass at LWR LLC - ID 579102359			2.99	2.99	0.01%			0.00	0.00	0.00%	0%		0	1,134		
8A Developers LLC - ID 579102509			4.00	4.00	0.01%			4.00	4.00	0.02%	100%		1,629	1,518		
8A Developers LLC - ID 579102559			4.00	4.00	0.01%			4.00	4.00	0.02%	100%		1,629	1,518		
4215 Solutions Lane LLC - ID 579103059			4.00	4.00	0.01%			0.00	0.00	0.00%	0%		0	1,518		
LWR Commerce Park - ID 579101309			16.00	16.00	0.06%			16.00	16.00	0.08%	0%		6,514	1,518		
WRDL VENTURES LLC - ID 579103109			4.00	4.00	0.01%			4.00	4.00	0.02%	0%		1,629	1,518		
4816 LENA LLC - ID 579103009			4.00	4.00	0.01%			0.00	0.00	0.00%	0%		0	1,518		
LWR Commerce Park - ID 579102289			4.00	4.00	0.01%			0.00	0.00	0.00%	0%		0	1,518		
LWR Commerce Park - ID 579102269			12.00	12.00	0.04%			0.00	0.00	0.00%	0%		0	1,518		
LWR Commerce Park - ID 579102759			4.00	4.00	0.01%			0.00	0.00	0.00%	0%		0	1,518		
LWR Commerce Park - ID 579102809			4.00	4.00	0.01%			0.00	0.00	0.00%	0%		0	1,518		
LWR Commerce Park - ID 579102859			4.00	4.00	0.01%			0.00	0.00	0.00%	0%		0	1,049		
SUBTOTAL		9,100	6,712	1,890	8,602	31.28%	8,942	6,483	615	7,098	34.08%	325%	$407	$2,889,808 $2,510,389	$379,418	
					13%	

LAKEWOOD RANCH STEWARDSHIP DISTRICT
ESTIMATED EDU's BY COMMUNITY AND ALLOCATION OF OPERATIONS & MAINTENANCE BUDGET - BASED ON PROJECTIONS AS OF MAY 2023 FOR OCTOBER 2023 TO SEPTEMBER 2024 DISTRICT OPERATIONS & MAINTENANCE BUDGET
ESTIMATED EDU'S						Revenue based on # of EDU	
	PROJECTED BUILDOUT EDU'S		PLATTED AS OF MAY 2022		W/IN		ASSESSMENTS		
	AS OF MAY 2022	% OF	BUDGET YEAR EDU'S	% OF	SECTOR	PER	REVENUE  PRIOR	VAR	
	RES UNITS	RES EDU	COMM EDU	TOTAL	TOTAL	RES UNITS	RES EDU	COMM	TOTAL	TOTAL	%'S	EDU	TOTAL	YEAR		
NE SECTOR															
LAKEWOOD NATIONAL - Lennar Homes	1,467	1,467		1,467	5.33%	1,467	1,467		1,467	7.04%	19%		526,902  483,835		
POLO RUN - Lennar Homes	423	423		423	1.54%	423	423		423	2.03%	5%		151,929  139,511		
Azario - Taylor Morrison - SF	1,685	1,685		1,685	6.13%	1,414	1,414		1,414	6.79%	18%		507,866  459,428		
Azario - Taylor Morrison - MF	300	150		150	0.55%	0	0		0	0.00%	0%		0	0		
CRESSWIND - Kolter	649	649		649	2.36%	649	649		649	3.12%	8%		233,101  146,437		
SOLERA - DR Horton	674	674		674	2.45%	674	674		674	3.24%	9%		242,080  221,304		
Lorraine Lakes - Lennar Homes - SF	1,316	1,316		1,316	4.79%	1,316	1,316		1,316	6.32%	17%		472,667  196,238		
Lorraine Lakes - Lennar Homes - MF	510	255		255	0.93%	510	255		255	1.22%	3%		91,588	36,939		
Sapphire Point - Pulte Homes	451	451		451	1.64%	451	451		451	2.17%	6%		161,986	97,954		
Sweetwater - MI Homes	512	512		512	1.86%	301	301		301	1.45%	4%		108,110	99,273		
Star Farms - Forestar - SF	1,500	1,500		1,500	5.45%	544	544		544	2.61%	7%		195,388	98,944		
Star Farms - Forestar - MF	54	27		27	0.10%	206	103		103	0.49%	1%		36,994	8,245		
FUTURE Apartments	1,000	500		500	1.82%				0	0.00%	0%		0	0		
FUTURE COMMERCIAL			400	400	1.45%				0	0.00%	0%		0	0		
Lorraine & SR70 - NE Corner:															
Publix + 3 outparcels - ID# 582200609			28	28	0.10%			28	28	0.13%	0%		10,018	7,807		
Oasis Apartments - ID#58202859	254	127		127	0.46%	254	127		127	0.61%	2%		45,615	41,886		
Big Jim Self Storage - ID #582202059			55.91	55.91	0.20%			55.91	55.91	0.27%	1%		20,079	12,084		
Bayside Pet Resort - ID #582202109 - 15,456 sq ft			6.18	6.18	0.02%			6.18	6.18	0.03%	0%		2,221	2,039		
JK Investment - ID #582202169			2.59	2.59	0.01%			2.59	2.59	0.01%	0%		930	854		
MAVIS TIRE, P & D INVESTMENTS IV LLC - ID 582203109			4.02	4.02	0.01%			4.02	4.02	0.02%	0%		1,443	0		
D7 Bradenton LLC - ID #582203159			4.00	4.00	0.01%				.00	0.00%	0%		0	0		
TACO BELL, NHRCT, LLC - ID #582203209 - 3224 sq ft			1.29	1.29	0.00%			1.29	1.29	0.01%	0%		463	425		
Lakewood Ranch Comm Park - Lorraine NE Corners - Lot 5 - ID #582202259			12.00	12.00	0.04%				.00	0.00%	0%		0	0		
SUBTOTAL	10,795	9,736	514	10,250	37.27%	8,209	7,724	98	7,822	37.56%	3%	$359	$2,809,381 $2,053,203	$756,178	
														27%	
SARASOTA															
FUTURE SINGLE FAMILY	251	251		251	0.91%				0	0.00%	0%		0	0		
FUTURE MULTI FAMILY	2,067	1,034		1,034	3.76%				0	0.00%	0%		0	0		
SHOREVIEW - Pulte - All SF	246	246		246	0.89%	246	246		246	1.18%	11%		142,988  158,667		
SHOREVIEW Phase 5B Kingfisher, Pulte Home Company LLC, ID #0195010	18	18		18	0.07%	18	18		18	0.09%	1%		10,463  403,763		
LAKEHOUSE COVE - Homes by Towne - SF	626	626		626	2.28%	626	626		626	3.01%	29%		363,864	96,426		
B9 Adley Owner (Davis Apts) - ID #0191010003	299	150		150	0.54%	299	150		150	0.72%	7%		86,897	27,090		
Waterside Place, LLC - ID#0195010002			42	42	0.15%	0		42	42	0.20%	2%		24,413	67,079		
Botanic Apt West, 1450 Pine Warbler Owner, LLC - ID #0193010004	208	104		104	0.38%	208	104		104	0.50%	5%		60,450	36,119		
Botanic Apt East, 1450 PINE WARBLER OWNER LLC - ID #0193010005	112	56		56	0.20%	112	56		56	0.27%	3%		32,550	6,772		
DD Waterside TH, LLC (Davis Town Homes) - ID #195010003	21	11		11	0.04%	21	11		11	0.05%	0%		6,103	97,071		
OLANA, DD Waterside III, LLC - ID #0193010011	242	121				242	121		121	0.58%	6%		70,332	0		
The Row, DD Waterside II, LLC (Davis Apts) - ID #0195010004	301	151		151	0.55%	301	151		151	0.72%	7%		87,478	0		
The Alcove - Neal Signature Homes, LLC ID 0193010008	47	47		47	0.17%	47	47		47	0.23%	2%		27,319	0		
Nautique - HBT At Waterside LLC - ID #0193010007	222	222		222	0.81%	222	222		222	1.07%	10%		129,038	0		
The Tides - TI Investors of LWR - ID 0193010010	366	183		183	0.67%				0	0.00%	0%		0	0		
Emerald Landing - CND Lakewood Ranch LLC - ID #0193010009	193	193		193	0.70%				0	0.00%	0%		0	0		
Kingfisher Estates - Pulte Home Company - ID 0195010009	13	13		13	0.05%	13	13		13	0.06%	1%		7,556	0		
Avanti, PULTE HOME COMPANY LLC, ID #0192091000	166	166		166	0.60%	166	166		166	0.80%	8%		96,488	0		
Wild Blue, SDWB WATERSIDE LLC, ID #0183010007	505	505		505	1.84%	94	94		94	0.45%	4%		54,638	0		
Bungalow Walk, TDC LR SFR LLC, ID #0183010004	225	225		225	0.82%				0	0.00%	0%		0	0		
South Corners of Lorraine & University Pkwy "Neighborhood 8"															
LYMAN HOLDINGS LLC - ID 0183040030			2	2	0.01%			2	2	0.01%	0%		996	0		
CARRETTA III LLC (CVS) - ID 0183040010			6	6	0.02%			6	6	0.03%	0%		3,447	3,825		
BOOS Sarasota U&L LLC - ID 0183040020			3	3	0.01%			3	3	0.01%	0%		1,760	0		
JPMorgan Chase Bank - ID 0183040100			1	1	0.00%			1	1	0.01%	0%		784	869		
BW University Lorraine (Aldi) - ID 0183040110			9	9	0.03%			9	9	0.05%	0%		5,457	5,793		
ROSIE STUDIO LLC (Starbucks) - ID 0183040120			1	1	0.00%			1	1	0.00%	0%		583	647		
BW UNIVERSITY LORRAINE LLC - ID 0183040130			6	6	0.02%			6	6	0.03%	0%		3,258	0		
Sarasota Property Owner LLC (Grand Living AL) -ID# 0183030001	172	86		86	0.31%	172	86		86	0.41%	4%		49,988	55,469		
FUTURE COMMERCIAL			140	140	0.51%				0	0.00%	0%		0	0		
SUBTOTAL	6,300	4,406	210	4,495	16.34%	2,787	2,110	70	2,180	10.46%	100%	$581	$1,266,848  $959,589	$307,259	
	(1,156)	-1035							24%	
ALL TOTAL	30,250	24,863	2,760	27,502	100%	23,646	19,980	848	20,827	100%			$9,183,124	$7,624,258	$1,558,866	
Prior Year:	28,734	23,890	2,563	26,452	Prior Year:	16,048	14,255	572	14,827

Operation & Maintenance Annual Assessments Are Charged Per Platted EDU As Follows:	Note that annual assessments shown on schedule are for 1 EDU
Single Family Home = 1 EDU	Commercial EDU'S	2,500	SQ FT. = 1 EDU
Multi Family Home is 1/2 of EDU	The Square Feet Is Either GDP = General Development Plan - total square fee in Plan - Or Best Estimate The Budget Assessment Per EDU amount shown above is grossed up by 7% when placed on the Manatee County Real Estate Taxes Invoice.
The gross up is 4% discount for early payment, Property Appraiser fee of 1.5% & Tax Collector fee of 1.5%
Per a separate calculation, landowners are charged and direct billed an assessment on a per acre basis for land that they own that has not been platted. Please see schedule of acres for this assessment calcuation

LAKEWOOD RANCH STEWARDSHIP DISTRICT
ESTIMATED ACRES BY PARCEL BASED ON PROJECTIONS AS OF MAY 2023

The District charges the Land Owner an annual per acre assessment for the undeveloped land equal to 50% of the Admninistrative per acre
buildout budget.

Land Owner Contribution Summary
Unplated Acreage Contributions	
# of Acres	# of Total
EDU	Unit Per
Acre	# of Platted
EDU	EDU Not Platted
Divided by	Per Acre
Assessment	
Land Owners					Unit Per Acre to	** Equal to 50% of the	
					Equal Acres to Bill On	Admin per acre buildout	
East Sector:							
Toll Brothers (The Isles at LWR)	339.00	450.00	1.33	353.00	73.07	$118	
Trinity Enterprise Holdings, Inc - ID 588602309	69.65	40.00	0.57	-	69.65	$118	

Northwest Sector:							
EQUITABLE NATIONAL PROPERTY COMPANY LLC - ID #5796009	16.16	40.00	2.48	-	16.16	$118	
EQUITABLE NATIONAL PROPERTY COMPANY LLC - ID #5796257	3.25	10.00	3.08	-	3.25	$118	
Lakewood Center South / NW Sector:							
CORE (within LWCS):							
Orlando Health	31.98	260.00	8.13		31.98	$118	
Lakewood Center North 1 - "Commercial Units":							
J & B INTERNATIONAL PROPERTIES LLC - Unit 8 - ID #58320625	1.34	20.00	14.93	-	1.34	$118	
Lakewood Center North:							
HH Pizza Factory - ID 580075309	1	4.00	6.37		0.63	$118	
CNL 117th Street East - ID 580075209	1	2.95	2.58		1.14	$118	
CNL 117th Street East - ID 580075259	1	0.85	1.06		0.80	$118	
S&L Properties Lakewood Ranch LLC - ID #580091059	1	2.00	1.34		1.50	$118	
NAP LR6, LLC - ID #580091109	1	2.00	1.60		1.25	$118	
NAP LR6, LLC - ID #580091159	1	2.00	2.18		0.92	$118	
NAP LR6, LLC - ID #580091409	2	2.00	0.87		2.31	$118	
NAP LR6, LLC - ID #580091209	1	2.00	1.44		1.39	$118	
NAP LR6, LLC - ID #580091459	1	2.00	1.77		1.13	$118	
NAP LR6, LLC - ID #580091359	1	2.00	2.35		0.85	$118	
WMG ACQUISITIONS LLC - ID #580091259	1	2.00	1.71		1.17	$118	

Northwest Sector DRI							
NW Corner of 44th & White Eagle - Amber Creek, Parcel Y - Apartments	22	240.00	10.91		22.00	$118	
Buisiness Park & Commerce Park:							
Inner Compass at LWR LLC - ID 579102359	1.56	2.99	1.91	-	1.56	$118	
4816 Lena LLC - ID 579102109	1.25	5.28	4.23	-	1.25	$118	
4215 Solutions Lane LLC - ID 579103059	1.38	4.00	2.89	-	1.38	$118	
Gut Hut III LLC - ID 579102059	1.21	4.00	3.29	-	1.21	$118	
GATEWOOD COMMERCE CENTER LLC, ID #567810959	16.06	4.00	0.25	-	16.06	$118	
LWR Commerce Park - ID 579101309	4.05	16.00	3.95	-	4.05	$118	
4816 LENA LLC - ID 579103009	1.44	4.00	2.78	-	1.44	$118	
LWR Commerce Park - ID 579102289	1.90	4.00	2.11	-	1.90	$118	
LWR Commerce Park - ID 579102269	2.81	12.00	4.28	-	2.81	$118	
LWR Commerce Park - ID 579102759	1.32	4.00	3.03	-	1.32	$118	
LWR Commerce Park - ID 579102809	1.29	4.00	3.10	-	1.29	$118	
LWR Commerce Park - ID 579102859	1.29	4.00	3.10	-	1.29	$118	

Northeast Sector:							
Azario - Taylor Morrison	992.00	1,985.00	2.00	1,414.00	285.36	$118	
Sweetwater - MI Homes	223.25	512.00	2.29	301.00	92.00	$118	
Star Farms - Forestar	699.47	1,554.00	2.22	750.00	361.89	$118	
Lakewood Ranch Comm Park - Lorraine NE Corners - Lot 5 - ID #582	3.27	12.00	3.67	4.02	2.18	$118	
D7 Bradenton - ID #582202219	0.87	4.00	4.62	-	0.87	$118	

Sarasota:							
The Tides - TI Investors of LWR - ID 0193010010	37.78	183.00	4.84	-	37.78	$118	
Emerald Landing - CND Lakewood Ranch LLC - ID #0193010009	29.86	193.00	6.46	-	29.86	$118	
Wild Blue, SDWB WATERSIDE LLC, ID #0183010007	437.38	505.00	1.15	94	355.97	$118	
Bungalow Walk, TDC LR SFR LLC, ID #0183010004	31.82	225.00	7.07	0	31.82	$118	
Total Non-SMR	2,988				1,463.81		

Assessment Amount

$8,646
$8,241	
$16,886	

$1,912
$385

$3,784

$159

$74
$135
$94
$177
$148
$109
$273
$165
$134
$101
$138

$2,603

$185
$148
$164
$144
$1,900
$479
$170
$224
$332
$156
$153
$153	
$14,596	

$33,762
$10,885
$42,817
$258
$102	
$87,824	

$4,470
$3,533
$42,116
$3,765	
$53,884	
$173,190	

FOR ALLOCATION OF OPERATION & MAINTENANCE ASSESSMENTS ON LAND NOT PLATTED FOR OCTOBER 2023 TO SEPTEMBER 2024 DISTRICT OPERATIONS & MAINTENANCE BUDGET