Lakewood Ranch Stewardship District
Preliminary Operating Budget for General Fund - Summary Budget For Operation & Maintenance
October 1, 2024 to September 30, 2025

Full Year
Category	2024 Budget

Budget

PROPOSED  BUDGET FY2025;
Resolution 

Increase
(Decrease)	Estimated
2025 Budget vs.	Buildout
2024 Budget	Budget

Sources of Funds:
Assessments - Platted Land	$  9,183,124
Assessments - Un Platted Land	$	173,190
Landowner Contribution	$  1,389,390
Other Revenue (Park Rental Fees)	 $	1,000 

$  11,037,987
$	112,901
$	1,011,684
$	1,000

83%  $	1,854,863	$  13,208,349
153%  $	(60,288)	$	-
137%  $	(377,705)	$	-
 $	-   $	- 

Total - Sources of Funds	$ 10,746,703

$  12,163,573

88%  $	1,416,870	$  13,208,349

Uses of Funds

Administrative Expenditures:
Insurance	$	20,000
Board Supervisors	$	12,000
Meeting Advertising	$	11,060
Engineering & Consulting	$	90,000
Bond Agent Fees	$	23,000
Arbitrage Report	$	5,000
Legal Fees	$	125,000
Accounting	$	110,000
Lien Book and Tax Roll	$	340,000
Annual Audit	$	20,000
Trustee	$	140,000
Manager	$	238,000
Postage	$	1,500
Office Supplies	$	1,500
Other Current Charges	$	3,810
Dues, Licenses, Subscriptions, Training	$	17,850
Payroll & Payroll Tax Expense	$	997,509
Cell Phone	$	-
Defined Employee Contribution Plan	$	38,000

$	85,000
$	12,000
$	11,060
$	140,000
$	23,000
$	5,000
$	125,000
$	110,000
$	399,500
$	30,000
$	156,000
$	238,000
$	1,500
$	1,500
$	3,810
$	60,000
$	1,165,044
$	1,000
$	38,000

24%  $	65,000	$	100,000
100%  $	-	$	12,000
100%  $	-	$	20,000
64%  $	50,000	$	140,000
100%  $	-	$	75,000
100%  $	-	$	5,000
100%  $	-	$	125,000
100%  $	-	$	125,000
85%  $	59,500	$	425,000
67%  $	10,000	$	50,000
90%  $	16,000	$	150,000
100%  $	-	$	238,000
100%  $	-	$	3,000
100%  $	-	$	10,629
100%  $	-	$	1,500
30%  $	42,150	$	60,000
86%  $	167,535	$	1,165,044
0%	$	1,000	$	3,000
100%  $	-	$	46,000

Total - Administrative	$  2,194,229

$	2,605,414

84%  $	411,185	$	2,754,173

Reserves	$	161,917

$	106,082

153%  $	(55,835)	$	329,897

Maintenance:
Maintenance Management Fee - allocated at buildout	$	91,657
General & Parks Maintenance - allocated at buildout	$  1,174,836
Community Services Admin. Fee	$	353,210
Landscape & Irrigation Maintenance - Contracted	$  3,014,936
Landscape & Irrigation Repairs - Non-Contracted	$  1,548,950
Irrigation for Master Landscaping	$  1,086,768
Environmental	$	526,000
Utilities	$	86,000
Other Maintenance	$	508,200
Contingency	 $	- 

$	180,000
$	1,690,836
$	336,325
$	3,239,498
$	1,618,950
$	1,196,268
$	536,000
$	97,000
$	557,200
$	-

51%  $	88,343	$	-
69%  $	516,000	$	1,923,783
105%  $	(16,885)	$	403,272
93%  $	224,562	$	3,239,498
96%  $	70,000	$	1,795,950
91%  $	109,500	$	1,196,576
98%  $	10,000	$	566,000
89%  $	11,000	$	99,000
91%  $	49,000	$	900,200
 $	-   $	- 

Total - Maintenance	$  8,390,557

$	9,452,077

89%  $	1,061,520	$  10,124,279

Total - Uses of Funds	$ 10,746,703

$  12,163,573

88%  $	1,416,870	$  13,208,349

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

Budget 

Proposed  Budget FY2025;

Increase (Decrease) 2025 Budget vs.

Estimated Buildout

Maintenance Expense by Land Area:	FY2024	RES.	2024 Budget		Budget	
East Sector	$1,605,812	$1,620,812	99%	$15,000		$1,620,812	
Northwest Sector	$1,842,949	$1,891,949	97%	$49,000		$1,971,949	
Northeast Sector	$1,665,893	$1,690,055	99%	$24,162		$1,700,055	
Sarasota Sector	$1,656,200	$1,612,600	103%	-$43,600		$1,743,908	
Taylor Sector	$0	$429,500	0%	$429,500		$760,500	
Other / General Maintenance	$603,467	$741,925	81%	$138,458		$788,272	
Parks Maintenance	  $1,016,236 	$1,465,236	69% 	$449,000			$1,538,783	
Total	$8,390,557	$9,452,077	89%	$1,061,520		$10,124,279	

Page 1

Acct#	
EXPENSES	Budget FY2024	PROPOSED
Budget FY2025	PROPOSED FY2025
Budget vs. Budget 2024	ESTIMATED BUILDOUT (B)	Prior Buildout
Estimate	
$ Change	
% Change	
						100%				
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		0%	
60102	The Masters Ave.; Lorraine to Players	192,000	192,000	-	0%	192,000	192,000		0%	
60103	Lorraine Rd - East side	84,000	120,000	36,000	43%	120,000	84,000		30%	
60104	Allocation from CDD's for UP and Lorraine medians	22,000	-	(22,000)	-100%	-	22,000	-36,000	0%	
60106	Bournside Blvd. from Masters to SR70	53,000	53,000	-	0%	53,000	53,000	(-22,000)	0%	
60108	Masters Ave. from Players Dr. to Bourneside Blvd.	114,036	114,036	-	0%	114,036	114,036		0%	
60109	Bourneside Blvd. from Masters to University Pkwy.	90,000	90,000	-	0%	90,000	90,000		0%	
Subtotal Landscape Maintenance Contracts	700,620	714,620	14,000	2%	714,620	700,620	-	2%	
						44%	41%	-14,000	0%	
EAST	NON CONTRACTED LANDSCAPING & IRRIGATION REPAIRS							-		
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					21%	60,000
3482,000%0	-
-	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					20%	3291,199%2	-
-	0%	
60300	Lake maintenance for the lakes outside communities	30,000	30,000	-	0%	30,000		-	0%	
60340	Aquatic Plantings	10,000	10,000	-		10,000	30,000		0%	
60350	Conservation/Preserve Areas Exotic Species Removal & Maintenance	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	2,000	1,000	100%	2,000	1,000	-	50%	
Subtotal Utilities	1,000	2,000	1,000	100%	2,000	1,000	1,000	50%	
						0%	0%	1,000	0%	
	OTHER MAINTENANCE: EAST SECTOR						
60600	Roads and sidewalks	2,000	2,000	-	0%	2,000	4,000	
(2,000)
(25,000)
(25,000)
(5,000)
(20,000)
(15,000)
(10,000)	-100%	
60610	Stormwater System & Drainage	25,000	25,000	-	0%	25,000	50,000		-100%	
60611	Storm Damage and Clean Up	25,000	25,000	-	0%	25,000	50,000		-100%	
60620	Sanitary Sewer	5,000	5,000	-	0%	5,000	10,000		-100%	
60640	Hardscapes	20,000	20,000	-	0%	20,000	40,000		-100%	
60645	Signs	25,000	25,000	-	0%	25,000	40,000		-60%	
60650	Miscellaneous Maintenance	5,000	5,000	-	0%	5,000	15,000		-200%	
60655	Centralized irrigation system	-	-	-		-	400		#DIV/0!	
Subtotal	107,000	107,000	-	0%	107,000	209,400	((410002),400)	-96%	
					7%	12%	0%	
EAST	TOTAL EAST SECTOR	1,605,812	1,620,812	15,000	1%	1,620,812	1,708,212	-5%	
					100%	1	(87,400)	0%	

Acct#	
EXPENSES	Budget FY2024	PROPOSED
Budget FY2025	PROPOSED FY2025
Budget vs. Budget 2024	ESTIMATED BUILDOUT (B)	Prior Buildout
Estimate	
$ Change	
% Change	
NW	NORTHWEST SECTOR OPERATIONS AND MAINTENANCE BUDGET DETAIL							

-
-
-
-	

0%
0%
0%
0%
0%
0%
0%	
Area identified as to the east of LWR Blvd, north of SR 70, south of SR 64 and west of Lorraine Rd.								
	INFLATIONARY FACTOR
MASTER LANDSCAPING & IRRIGATION MAINTENANCE CONTRACTSᵃ									
60144	NW Sector - East Contract	283,024	283,024	-	0%	283,024	283,024			
60145	NW Sector - West Contract	291,583	291,583	-	0%	291,583	291,583			
60113	Kent Lake & Lake Bank Maintenance	60,000	60,000	-	0%	60,000	60,000			
60118	Lake Bank mowing	34,000	34,000	-	0%	34,000	34,000			
60141	Silver Falls Run	2,000	2,000	-	0%	2,000	2,000			
60146	Crossland Trail	33,000	33,000	-	0%	33,000	33,000			
60147	Newhaven Blvd.	20,000	20,000	-	0%	20,000	20,000			
Subtotal Landscape Maintenance Contracts	723,607	723,607	-	0%	723,607	723,607	-	0%	
						37%	38%	-	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	84,000
152,255009,250	-	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%	
						16%	18%	-	0%	
NW	ENVIRONMENTAL							-		
60300	Lake maintenance for the lakes outside communities	35,000	35,000	-	0%	35,000		-	0%	
60340
60350	Aquatic Plantings
Conservation/Preserve Areas Exotic Species Removal & Maintenance	15,000
100,000	15,000
100,000	-
-	0%
0%	15,000
100,000	35,000		0%
0%	
Subtotal Environmental	150,000	150,000	-	0%	150,000	15,001050,000
100,000	-	0%	
						8%	9%	-	0%	
NW	UTILITIES (Estimated via historical usage and projected additional area)							-		
60400	FLORIDA POWER & LIGHT	900	900	-	0%	900		-	0%	
60420	PEACE RIVER	24,000	24,000	-	0%	24,000			0%	
Subtotal Utilities	24,900	24,900	-	0%	24,900	900	24,900	0%	
						1%	24,010%0	-	0%	
	OTHER MAINTENANCE: NW SECTOR					-	
60610	Stormwater System & Drainage	30,000	30,000	-	0%	50,000		-	0%	
60611
60620
60640
60645
60650	Storm Damage and Clean Up Sanitary Sewer
Hardscapes Signs
Miscellaneous Maintenance	30,000
1,000
30,000
20,000
5,000	30,000
50,000
30,000
20,000
5,000	- 49,000
-
-
-	0%
4900%
0%
0%
0%	50,000
50,000
40,000
40,000
15,000	50,000
50,000
1,000
40,000	

-49,000
-	0%
98%
0%
0%
0%	
Subtotal Other Maintenance	116,000	165,000	49,000	42%	245,000	40,001096,000	-	20%	
					12%	15,000 10%	-49,000	0%	
NW	TOTAL NORTHWEST SECTOR	1,842,949	1,891,949	49,000	3%	1,971,949	1,922,949	-	2%	
					100%		49,000	0%	

1

EXPENSES	Budget	PROPOSED
Acct#	FY2024	Budget FY2025
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.	PROPOSED FY2025
Budget vs. Budget 2024	ESTIMATED BUILDOUT (B)	Prior Buildout Estimate	
$ Change	% Change	
	INFLATIONARY FACTOR										
	MASTER LANDSCAPING & IRRIGATION MAINTENANCEᵃ										
60119	Post Blvd & SR70 Intersection	24,744	24,744	-	0%	24,744	24,744			0%	
60130	59th Avenue Lorraine Rd to Post Blvd	6,000	6,000	-	0%	6,000	6,000			0%	
60131	NE, State Road 70 & Lorraine	5,830	5,830	-	0%	5,830	5,830			0%	
60132	Uihlein Road; SR70 to 44th Ave.	140,838	145,000	4,162	3%	145,000	140,838	-		3%	
60133	Lakebank and Swale Mowing	8,000	8,000	-	0%	8,000	8,000	-		0%	
60134	Lorraine Corners	94,000	94,000	-	0%	94,000	94,000	-4,162		0%	
60136	Academic & Lighterwood Trail	45,000	45,000	-	0%	45,000	45,000			0%	
60140	44th Ave from Lorraine to Bourneside	140,000	140,000	-	0%	140,000	140,000	-	-	0%	
60145	Post Blvd. from 59th Ave to Rangeland Pkwy.	40,000	40,000	-	0%	40,000	40,000	-		0%	
60146	Uihlein Rd.; 44th Ave. to SR64	70,910	70,910	-	0%	70,910	70,910	-	-	0%	
60147	Rangeland Pkwy.; Uihlein Rd. to Bourneside Blvd.	120,000	120,000	-	0%	120,000	120,000		-	0%	
60148	Bourneside Blvd.; SR70 to SR64	127,379	127,379	-	0%	127,379	127,379	-	-	0%	
60149	Rangeland Pkwy.; Lorraine Rd. to Uihlein Rd.	84,000	84,000	-	0%	84,000	84,000		-	0%	
60135	Future Roads	-	-	-		-					
	Subtotal Landscape Maintenance Contracts	906,701	910,863	4,162	0%	910,863	906,701			0%	
							
-	4,162			
NE	NON CONTRACTED LANDSCAPING & IRRIGATION REPAIRS								
60200	Irrigation Repairs	48,300	48,300	-	0%	48,300		0%	
60210	Plant replacement	63,000	63,000	-	0%	63,000	0%	
60215	Mulching	84,000	84,000	-	0%	84,000 48,300	0%	
60230	Tree Trimming	50,400	50,400	-	0%	50,400 63,000	-	0%	
60231	Other Landscape Maintenance; Non-Contracted, Contingency	83,000	83,000	-	0%	83,000 84,000	-	0%	
Subtotal Non-Contracted Landscaping	328,700	328,700	-	0%	328,700	50,403028,700	-	0%	

NE	
IRRIGATION FOR MASTER LANDSCAPING					19%	83,01080%	-
-	0%	
60250	Monthly Meter Charge	9,192	9,192	-	0%	9,192		-	0%	
60255	Utilization	200,000	200,000	-	0%	200,000			0%	
	Subtotal Irrigation	209,192	209,192	-	0%	209,192	290,109,0220009,192		0%	

-

#DIV/0!

0

0%

NE  ENVIRONMENTAL
60300 Lake maintenance for the lakes outside communities 60340 Aquatic Plantings
60350 Conservation/Preserve Areas Exotic Species Removal & Maintenance
Subtotal Environmental

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

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

-
-
-
-

0%
0%
0%
0%

40,000

-
-
-

130,000 10,001030,000 -

80,000 40,000

10,000 0

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

8% 80,070%0

0%
0%
0%
0%
0%

100
25,000
25,100

100
25,000
25,100

-
-
-

0%
0%
0%

100
25,000

-
-
-

NE  OTHER MAINTENANCE: NE SECTOR
60610 Stormwater System & Drainage

0%
0%
0%
0%

25,000

30,000

5,000

20%

1%	1%0

30,000
50,000

25,100	25,100
2150,000

-
-
-
(20,000)
(20,000)

-67%
-67%
0%

60611	Storm Damage and Clean Up	15,000	30,000	15,000	0%	30,000	
60620	Sanitary Sewer	5,000	5,000	-	0%	5,000	

60640	Hardscapes	10,000	10,000	-	0%	10,000	50,000		-300%	
60645	Signs	20,000	20,000	-	0%	20,000	5,000	(30,000)	-100%	
60650	Miscellaneous Maintenance	1,200	1,200	-	0%	1,200	40,000	(-20,000)	-1150%	
Subtotal	76,200	96,200	20,000	26%	96,200	40,002000,000	((1130,830,800)0)	-108%	
					6%	15,000 11%		0%	
TOTAL EXPENSES NORTHEAST SECTOR	1,665,893	1,690,055	24,162	1%	1,700,055	1,799,693		-6%	
34%	1	(99,638)	0%	

Acct#	
EXPENSES	Budget FY2024	PROPOSED
Budget FY2025	PROPOSED FY2025
Budget vs. Budget 2024	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	27,000	2,000	8%	27,000	25,000	2,000	7%	
60107	Blue Lake Road	150,000	150,000	-	0%	150,000	150,000	-	0%	
60108	Pine Warbler Place	7,600	12,000	4,400	58%	12,000	7,600	4,400	37%	
Subtotal Landscape Maintenance Contracts	684,008	690,408	6,400	1%	690,408	684,008	6,400	1%	
						39.59%	38%		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%	
						22.94%	22.38%		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%	
						13.16%	12.84%		0%	
SRQ	ENVIRONMENTAL									
60300	Lake maintenance for the lakes outside communities	50,000	50,000	-	0%	50,000	50,000	-	0%	
60340	Aquatic Plantings	6,000	6,000	-	0%	6,000	6,000	-	0%	
60350	Conservation/Preserve Areas Exotic Species Removal & Maintenance	80,000	80,000	-	0%	80,000	80,000	-	0%	
Subtotal Environmental	136,000	136,000	-	0%	136,000	136,000	-	0%	
						7.80%	7.61%			
SRQ	UTILITIES (Estimated via historical usage and projected additional area)									
60400	FLORIDA POWER & LIGHT	35,000	35,000	-	0%	35,000	35,000	-	0%	
60420	PEACE RIVER	-	-	-		2,000	2,000	-	0%	
Subtotal Utilities	35,000	35,000	-	0%	37,000	37,000	-	0%	
						2.12%	2.07%			
SRQ	OTHER MAINTENANCE:									
60610	Stormwater System & Drainage	30,000	30,000	-	0%	50,000	50,000	-	0%	
60611	Storm Damage and Clean Up	30,000	30,000	-	0%	50,000			0%	
60620	Sanitary Sewer	2,000	2,000	-	0%	6,000	6,000	-	0%	
60635	Water Taxi - Operation, Maint & Insurance	100,000	50,000	(50,000)	-50%	50,000	50,001000,000	(50,000)	-100%	
60640	Hardscapes	25,000	25,000	-	0%	40,000	40,000	-	-	0%	
60645	Signs	20,000	20,000	-	0%	40,000	40,000	-	0%	
60650	Miscellaneous Maintenance	2,000	2,000	-	0%	15,000	15,000	-	0%	
Subtotal	209,000	159,000	(50,000)	-24%	251,000	301,000	(50,000)	-20%	
					14%	17%		
TOTAL SARASOTA SECTOR	1,656,200	1,612,600	(43,600)	-3%	1,743,908	1,787,508	(43,600)	-3%	
					100%	100%	0%	

Acct#

TAY	
EXPENSES

TAYLOR SECTOR OPERATIONS AND MAINTENANCE BUDGET DETAIL
Area identified as East of Bourneside in Manatee County

MASTER LANDSCAPING & IRRIGATION REPAIRS CONTRACTSᵃ
Rangeland - East of Bourneside
44th Avenue East - East of Bourneside Bourneside - SR 64 to SR 70	Budget FY2024	PROPOSED
Budget FY2025	PROPOSED FY2025
Budget vs. Budget 2024	ESTIMATED BUILDOUT (B)	Prior Buildout
Estimate	
$ Change	
% Change	

100,000
100,000	

100,000
100,000		

100,000
100,000

-		

100,000
100,000

-	

100%
100%

#DIV/0!	
Subtotal Landscape Maintenance Contracts	-	200,000	200,000		200,000	-	200,000	100%	
						11.47%	0%		0%	
TAY	NON CONTRACTED LANDSCAPING & IRRIGATION REPAIRS									
60200	Irrigation Repairs		30,000	30,000		60,000		60,000	100%	
60210	Plant replacement		10,000	10,000		40,000		40,000	100%	
60215	Mulching			-		40,000		40,000	100%	
60230	Tree Trimming		10,000	10,000		30,000		30,000	100%	
60231	Other Landscape Maintenance; Non-Contracted, Contingency		20,000	20,000		40,000		40,000	100%	
Subtotal Non-Contracted Landscaping	-	70,000	70,000		210,000	-	210,000	100%	
						12.04%	0.00%		0%	
TAY	IRRIGATION FOR MASTER LANDSCAPING									
60250	Monthly Meter Charge		9,500	9,500		9,500		9,500	100%	
60255	Utilization		100,000	100,000		100,000		100,000	100%	
Subtotal Irrigation	-	109,500	109,500		109,500	-	109,500	100%	
						6.28%	0.00%		0%	
TAY	ENVIRONMENTAL									
60300	Lake maintenance for the lakes outside communities			-		10,000		10,000	100%	
60340	Aquatic Plantings			-		10,000		10,000	100%	
60350	Conservation/Preserve Areas Exotic Species Removal & Maintenance		10,000	10,000		10,000		10,000	100%	
Subtotal Environmental	-	10,000	10,000		30,000	-	30,000	100%	

TAY
60420	
UTILITIES (Estimated via historical usage and projected additional area)
PEACE RIVER		

10,000	

10,000		1.72%

10,000	0.00%	

10,000	

100%	
Subtotal Utilities	-	10,000	10,000		10,000	-	10,000	100%	
						0.57%	0.00%			
TAY	OTHER MAINTENANCE:									
60610	Stormwater System & Drainage		10,000	10,000		50,000		50,000	100%	
60611	Storm Damage and Clean Up		10,000	10,000		50,000			100%	
60620
60640	Sanitary Sewer
Hardscapes			-
-		6,000
40,000		50,0060,000
40,000	100%
100%	
60645	Signs		10,000	10,000		40,000		40,000	100%	
60650	Miscellaneous Maintenance			-		15,000		15,000	100%	
Subtotal	-	30,000	30,000		201,000	-	201,000	100%	
					26%	#DIV/0!		
TOTALTAYLOR SECTOR	-	429,500	429,500		760,500	-	760,500	100%	
					59%	#DIV/0!	0%	

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

60724 Operations and Maintenance Management Fee - LWRD Personnel	Budget FY2024	PROPOSED
Budget FY2025	PROPOSED FY2025
Budget vs. Budget 2024	ESTIMATED BUILDOUT (B)	Prior
Buildout Estimate	
$ Change	
% Change	

91,657	

180,000	

88,343	

96%	

-	

-	

-	
Subtotal	91,657	180,000	88,343	96%	-	-	-	
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
60770 Maintenance Yard
60780 Vehicle R&M
60781 Vehicle
60790 Waste Management
Centralized Irrigation System	
4,000	
4,000	
-	
0%	
5,000	
5,000	
-	
0%	
	8,000	8,000	-	0%	20,000	20,000	-	0%	
	5,000	7,000	2,000	40%	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	50,000	45,000	900%	50,000	10,000	40,000	80%	
	30,000	40,000	10,000	33%	40,000	10,000	30,000	75%	
	-	-	-		2,000	2,000	-	0%	
	10,000	30,000	20,000	200%	30,000	24,000	6,000	20%	
	3,000	3,000	-		24,000	24,000	-	0%	
	4,000	4,000	-	0%	10,000	10,000	-	0%	
	60,000	50,000	(10,000)		120,000	36,000	84,000	70%	
	3,000	3,000	-	0%	5,000	5,000	-	0%	
	-	-	-		2,000	2,000	-	0%	
Subtotal	158,600	225,600	67,000	42%	385,000	225,000	160,000	42%	
C. 60785 COMMUNITY SERVICES PARKS & AMENITIES ADMIN. FEE	353,210	$336,325	($16,885)	-5%	$403,272	$325,620	77,652	19%	
Total Operations and Management	603,467	741,925	138,458	23%	788,272	550,620	237,652	30%	
PARKS & FACILITIES; APPORTIONED BY EDU'S									
60791 Bob Gardner Park	350,000	350,000	-	0%	350,000	350,000	-	0%	
60792 James L Patton Park	140,000	140,000	-	0%	140,000	140,000	-	0%	
60793 Roger Hill Park	50,000	50,000	-	0%	50,000	50,000	-	0%	
60794 Silver Falls Park	27,500	27,500	-	0%	27,500	27,500	-	0%	
60795 Waterside Place Park	194,736	194,736	-	0%	233,683	233,683	0	0%	
60796 Town Hall North	98,000	98,000	-	0%	117,600	98,000	19,600	17%	
60797 Passive Parks (117th)	5,000	5,000	-	0%	15,000	15,000	-	0%	
60798 University LWR Entrance	150,000	150,000	-	0%	150,000	150,000	-	0%	
Tunnel Park	-	25,000	25,000		25,000	-	25,000	100%	
CDD Allocation - University Pkwy & Lorraine ROW Maintenance	-	25,000	25,000		30,000	-	30,000	100%	
GIS Implementation & Maintenance	-	350,000	350,000		350,000	-	350,000	100%	
60799 Trails (Harmony, Curlew)	1,000	50,000	49,000	4900%	50,000	117,600	(67,600)	-135%	
Total Parks	1,016,236	1,465,236	449,000	44%	1,538,783	1,181,783	357,000	23%	
								
TOTAL MAINTENANCE	8,390,557	9,452,077	1,061,520	13%	10,124,279	8,950,765	1,173,514	12%	
ADMINISTRATIVE									
70000  Insurance	20,000	85,000	65,000	325%	100,000	20,000	80,000	80%	
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 & Consulting	90,000	140,000	50,000	56%	140,000	75,000	65,000	46%	
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	399,500	59,500	18%	425,000	425,000	-	0%	
70070 Annual Audit	20,000	30,000	10,000	50%	50,000	50,000	-	0%	
70080 Trustee	140,000	156,000	16,000	11%	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	60,000	42,150	236%	60,000	60,000	-	0%	
70180 Payroll & Payroll Tax Expense	997,509	1,165,044	167,535	17%	1,165,044	1,497,011	(331,967)	-28%	
70182 Cell Phone	-	1,000	1,000		3,000	-	3,000	100%	
70183 Healthcare	-	-	-		-	-	-	0%	
70185 Defined Employee Contribution Plan	38,000	38,000	-	0%	46,000	46,000	-	0%	
TOTAL ADMINISTRATIVE	2,194,229	2,605,414	411,185	19%	2,754,173	2,933,140	(178,967)	-6%	
RESERVES	161,917	106,082	(55,835)		329,897	270,956	58,941	18%	
EXPENSES GRAND TOTAL	10,746,703	12,163,573	1,416,870	13%	13,208,349	12,154,861	1,053,488	8%	

Acct#

EXPENSES	Budget FY2024	PROPOSED
Budget FY2025	PROPOSED FY2025
Budget vs. Budget 2024	ESTIMATED BUILDOUT (B)	Prior Buildout
Estimate	
$ Change	
% Change	

REVENUES - % FROM PLATTED LOTS					
100%	
100%		
0%	
ASSESSMENTS FROM PLATTED LOTSᵇ	9,183,124	11,037,987	1,854,863	20%	13,208,349	12,154,861	1,053,488	8%	
ASSESSMENTS FROM UNPLATTED	173,190	$112,901	(60,288)	-35%			-		
LANDOWNER CONTRIBUTIONS (A)	1,389,390	1,011,684	(377,705)	-27%			-		
INTEREST INCOME	-	-	-				-		
OTHER INCOME (PARK RENTAL FEES)	1,000	1,000	-	0%			-		
TOTAL	10,746,703	12,163,573	1,416,870	13%	13,208,349	12,154,861	1,053,488	8%	
			TOTAL CHANGE VS. PRIOR YEAR	1,053,488			
OPERATING SURPLUS (DEFICIT)	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 irrigation system programming and inspection. Contracts are not inclusive of palm and canopy tree pruning, mulch, annuals or irrigation repairs.
ᵇBuildout assessments budget includes a cushion to account for county administration and collection fees equating to 3% and up to 4% for discounts aloud.
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, 2024 TO SEPTEMBER 30, 2025 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%

PROPOSED	
UNITS	AVG. PER	ESTIMATED	AVG. PER	
PRIO	
CHANGE VS.	
		2024 BUDGET	BUDGET 2025	UNIT	BUILDOUT	UNITS	UNIT
BUDGET	R YEAR	PRIOR YEAR	
SOURCES OF FUNDS								
ASSESSMENTS - PLATTED PARCELS		$9,183,124	$11,037,987	23,343	$473	$13,208,349	$501	$432	$69	
	SE							
	NW				26,347			
	NE							
	SRQ							
	TAY							
		
ASSESSMENTS - UNPLATTED LAND	
SE NW NE SRQ TAY	$173,190	$112,901		$0	
		
LANDOWNER CONTRIBUTIONS - SMR		$1,389,390	$1,011,684		$0		
	SE						
	NW						
	NE						
	SRQ						
	TAY						
PARK RENTAL FEES		$1,000	$1,000			
TOTAL SOURCES		$10,746,703	$12,163,573	23,343	$473	$13,208,349	$501	$377	$124	
SE NW NE SRQ
TAY	
26,347	

USES OF FUNDS
EAST SECTOR NORTHWEST SECTOR NORTHEAST SECTOR SARASOTA SECTOR TAYLOR SECTOR
OPERATIONS & MANAGEMENT COMM. SERV. MGMT. FEE PARKS
GENERAL RESERVES ADMINISTRATIVE TOTAL USES

NET ADDITION TO FUND BALANCE

USES CHANGE VS PRIOR YEAR PERCENTAGE CHANGE		

$1,605,812
$1,842,949
$1,665,893
$1,656,200
$0
$250,257
$353,210
$1,016,236
$161,917
$2,194,229
$10,746,703

$0	

Variance
$1,620,812  $15,000
$1,891,949  $49,000
$1,690,055  $24,162
$1,612,600  -$43,600
$429,500 $429,500
$405,600 $155,343
$336,325  -$16,885
$1,465,236 $449,000
$106,082  -$55,835
$2,605,414 $411,185
$12,163,573 $1,416,870

$0

$1,416,870
13%	

Variance Notes:

Homesite construction has not begun in the Taylor Sector and thre are zero units platted as of 6/1/24, therefore that sector will not be allocated any general expenses within the 2024/25 budget. The 26,583 units used for allocation of general expenses does not include the 4,077 Taylor units. There are no platted units to be charged and the builders will not be charged a per acre assessment. The Landowner (SMR) will fund the budgeted $429,500 of expense plus a 10% admin fee. Once units are platted, the Taylor Sector
will be added with full per unit and per acre allocations.	

1,620,812	3,985	$407	

$411	

($4)	
					1,971,949	8,704	$227	$224	$3	
					1,700,055	9,804	$173	$176	($2)	
					1,743,908	3,854	$453	$398	$55	
					760,500	4,500	$169	$0	$169	
					385,000	26,347	$15	$12	$3	
					403,272	26,347	$15	$13	$3	
					1,538,783	26,347	$58	$43	$15	
					329,897	26,347	$13	$10	$3	
					2,754,173	26,347	$105	$106	($1)	
					$  13,208,349	26,347	$501	$377	$124	
					
NET ASSESSMENT PER UNIT BY SECTOR:			
					AVG. PER	PRIO	Variance	
					UNIT	R		
					EAST SECTOR TOTAL	$612	$595	$17	
					NORTHWEST SECTOR TOTAL	$432	$407	$25	
					NORTHEAST SECTOR TOTAL	$379	$359	$20	
					SARASOTA SECTOR TOTAL	$658	$581	$77	
					TAYLOR SECTOR TOTAL	$169	$0	$169	

AVG. PER UNIT	PRIOR YEAR	
7% GROSS UP:

$655	7% GROSS UP:

$636	
$462	$436	
$405	$384	
$704	$622	
$181	$0	

6%
5%
12% #DIV/0!
*Taylor Does not Include general expense allocations, will need to be added in future years.

LAKEWOOD RANCH STEWARDSHIP DISTRICT
ESTIMATED EDU's BY COMMUNITY AND ALLOCATION OF OPERATIONS & MAINTENANCE BUDGET - BASED ON PROJECTIONS AS OF MAY 2024 FOR OCTOBER 1, 2024 TO SEPTEMBER 30, 2025 DISTRICT OPERATIONS & MAINTENANCE BUDGET
ESTIMATED EDU'S		

% OF TOTAL		

% OF TOTAL		Revenue based on # of EDU	
		PROJECTED BUILDOUT EDU'S			PLATTED AS OF MAY 2024			W/IN		ASSESSMENTS		
		AS OF MAY 2024			BUDGET YEAR EDU'S			SECTOR
%'S	PER
EDU	REVENUE
TOTAL	PRIOR
YEAR	VAR	
	RES UNITS  RE	S EDU CO	MM EDU	TOTAL		RES UNITS  RE	S EDU	COMM	TOTAL							
EAST SECTOR																	
LAKE CLUB - SF - Phase 1 & 2		327	327		327	1.06%	327	327		327	1.40%	9%		200,158	195,064		
LAKE CLUB - SF - Phase 3 (Stock)		68	68		68	0.22%	68	68		68	0.29%	2%		41,623	40,440		
LAKE CLUB - SF - Phase 4 - Stock Development - Genoa		308	308		308	1.00%	308	308		308	1.32%	8%		188,528	185,548		
CC EAST - SF		1,261	1,261		1,261	4.09%	1,261	1,261		1,261	5.40%	33%		771,864	750,519		
CC EAST - MF - "Clubside"		92	46		46	0.15%	92	46		46	0.20%	1%		28,157	27,356		
CCE EAST GOLF COURSE				18	18	0.06%			18	18	0.08%	0%		11,018	10,705		
DEL WEBB - Pulte Homes		1,286	1,286		1,286	4.17%	1,286	1,286		1,286	5.51%	33%		787,166	764,792		
The Isles, Toll Brothers		450	450		450	1.46%	450	450		450	1.93%	12%		275,447	209,931		
Monarch Acres		8	8		8	0.03%	8	8		8	0.03%	0%		4,897	4,758		
Trinity Enterprise Holdings, Inc - ID 588602309 - 69.65 acres				40	40	0.13%				0	0.00%	0%		0	0		
Schroeder Manatee Ranch - ID 588605159 - Corp HQ Building				12.96	12.96	0.04%			12.96	12.96	0.06%	0%		7,933	7,707		
NE Corner of Lorraine & Upkwy:																	
Real Sub LLC (Publix) - ID 588601559 - 60,320 sq ft				24.1	24.1	0.08%			24.13	24	0.10%	1%		14,769	14,349		
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%		4,150	4,032		
PRD Real Estate LLC (Dental) - ID 588600979 - 3,924 sq ft				1.57	1.57	0.01%			1.57	2	0.01%	0%		961	933		
Real Sub, LLC (Bank)- ID 588601509 - 4,000 sq ft				1.6	1.6	0.01%			1.60	2	0.01%	0%		979	952		
REMAINING EAST LAND - (East of Bourn.)		105	105		105	0.34%				0	0.00%	0%		0	0		
Waterbury Park - SW corner of Masters & Bournside		21	21		21	0.07%	21	21		21	0.09%	1%		12,854	0		
SUBTOTAL		3,926	3,880	105	3,985	12.92%	3,821	3,775	65	3,840	16.45%	100%	$612	$2,350,504 $2,217,087	$133,417	
NW SECTOR											0.00%					6%	
CENTRAL PARK		826	826		826	2.68%	826	826		826	3.54%	11%		356,771	336,288		
EQUITABLE NATIONAL PROPERTY COMPANY LLC ID #579600989 -										0	0.00%	0%					
16.16acres				40	40	0.13%								0	0		
EQUITABLE NATIONAL PROPERTY COMPANY LLC, CENTRAL PARK				10	10	0.03%				0	0.00%	0%		0	0		
Commercial - ID #579625759 - 3.25 acres																	
Lakewood Center South / NW Sector:																
ESPLANADE - SF		954	954		954	3.09%	954	954		954	4.09%	13%		412,058	388,400		
ESPLANADE- MF (Townhomes)		296	148		148	0.48%	296	148		148	0.63%	2%		63,925	60,255		
BRIDGEWATER - Lennar Homes		275	275		275	0.89%	275	275		275	1.18%	4%		118,780	111,960		
HARMONY - SF		142	142		142	0.46%	142	142		142	0.61%	2%		61,334	57,812		
HARMONY - MF (Townhomes)		535	268		268	0.87%	535	268		268	1.15%	4%		115,540	108,907		
LOST CREEK APARTMENTS		272	136		136	0.44%	272	136		136	0.58%	2%		58,742	55,369		
CREEKSIDE APARTMENTS		256	128		128	0.41%	256	128		128	0.55%	2%		55,287	52,112		
LUXE APARTMENTS - Davis Devlopment-Parcel J		237	119		119	0.38%	237	119		119	0.51%	2%		51,183	48,245		
PALISADES (DR Horton)		150	150		150	0.49%	150	150		150	0.64%	2%		64,789	61,069		
WHITE EAGLE PLAZA, Micaso, LLC (Parcel K) - 1.23 acres				4	4	0.01%		0	3.96	4	0.02%	0%		1,710	1,629		
ANTIGUA, BB Living Site, - 50.67 acres, ID #583250309		192	96		96	0.31%	192	96		96	0.41%	1%		41,465	39,084		
WOODY's, WWS 21 003 SILVER PALMS LLC, (Parcel M) - ID#579900909				2	2	0.01%		0	2.27	2	0.01%	0%		980	924		
Parcel "F" - Rangeland and LWRB				2	2	0.01%		0		0	0.00%	0%		0	0		
RENATA APARTMENTS, Ryan Companies - ID #583202909 Parcels L to O		502	251		251	0.81%	502	251		251	1.08%	3%		108,414	102,189		
AURORA		247	247		247	0.80%	247	247		247	1.06%	3%		106,686	0		
Parcel "H" - Rangeland & Lorraine						0.00%		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%		1,272	1,199		
The Green - Lot 2 - ID #583207109 - Apple East Holdings LLC - 2762 sq ft				1.10	1.10				1.10	1.10	0.00%	0%		477	450		
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%		1,231	1,160		
The Green - Lot 4 - ID #583207209 - Santa Cruz Riverfront, LLC				2.00	2.00				2.00	2.00	0.01%	0%		864	814		
The Green - Lot 5 - ID #583207259 - RUBY PROPERTY LLC - 4,114 sq ft				1.65	1.65				1.65	1.65	0.01%	0%		711	670		
CVS The Green Lot 6 - ID #583207329 - LN Properties CV, LLC - 13,727 sq ft				5.49	5.49				5.49	5.49	0.02%	0%		2,372	2,235		
The Green - Lot 7 - ID #583207359 - DOHENY DRIVE PROPERTIES LLC				2.81	2.81				2.81	2.81	0.01%	0%		1,213	1,143		
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	0.08%	0%		7,659	7,219		
The Green - Lot 11 - ID #583207559 - Lakewood Ranch Owner LP - 25,170 sq ft			10.07	10.07				10.07	10.07	0.04%	0%		4,349	4,099		
The Green - Lot 12 - ID #583207609 - Lakewood Ranch Owner LP - 33,971 sq ft			13.59	13.59				13.59	13.59	0.06%	0%		5,869	5,532		
THE RESIDENCES, 11645 MONUMENT LLC Tavistock - ID #583207459		300	150		150	0.49%	300	150		150.00	0.64%	2%		64,789	61,069		
MERCEDES SCIENTIFIC, Bridgehouse Holdings - ID# 583202609 - 55,010 sq ft			22.00	22.00	0.07%			22.00	22.00	0.09%	0%		9,504	8,958		
LWR MOB (Optimal Outcomes) - ID #583204509 - 47,803 sq ft				19.12	19.12	0.06%			19.12	19.12	0.08%	0%		8,259	7,785		
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%		550	518		
LWR PREPARATORY ACADEMY, Red Appple at LWR, LLC; ID# 583204809				47.06	47.06	0.15%			47.06	47.06	0.20%	1%		20,325	19,158		
ORLANDO HEALTH, INC #583204859				260.00	260.00	0.84%					0.00%	0%		0	0		
CNL BRADENTON CROSSLAND LLC, #583208509				14.63	14.63	0.05%											
CNL BRADENTON SILVER FALLS EAST LLC #583208609				12.00	12.00												
CORE RE II LLC #583204959				20.00	20.00												
CCM CORE SILVER FALLS LLC #583208559				48.00	48.00												
EMERSON LAKES LLC #583208709, Phase 1		702	351		351.00												
EMERSON LAKES LLC #583208759 & #583208659, Phase 2		360	180		180.00												
BRIDGE HOUSE HOLDINGS LLC #583204909				12.00	12.00												

Lakewood Center North 1 - "Commercial Units":																
The Summit, CPF LIVING COMMUNITIES III LAKEWOOD RANCH LLC - ID		171	86		85.50	0.28%	171	86		86	0.37%	1%		37,146	17,752		
QATT LLC, Parcel G - ID #583206809				10.00	10.00	0.03%		0	0.00	0.00	0.00%	0%		0	0		
RANGELAND OFFICE PARK LLC, Parcel G - ID #583206759				10.00	10.00	0.03%		0	0.00	0.00	0.00%	0%		0	0		
PRIMROSE, EF LWR NORTH LLC- ID #583206709 - 12,236 sq ft				4.89	4.89	0.02%		0	4.89	4.89	0.02%	0%		2,114	1,993		
INTERCOASTAL MEDICAL, Rangeland MOB 11 - Units 6&7 -ID #583206179				9.58	9.58	0.03%		0	9.58	9.58	0.04%	0%		4,139	3,902		
J & B INTERNATIONAL PROPERTIES LLC - Unit 8 - ID #583206259				20.00	20.00	0.06%		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%		3,867	3,645		
INTERCOASTAL MEDICAL, Rangeland MOB -Unit 10 -ID #583206359				8.95	8.95	0.03%		0	8.95	8.95	0.04%	0%		3,867	3,645		

LAKEWOOD RANCH STEWARDSHIP DISTRICT
ESTIMATED EDU's BY COMMUNITY AND ALLOCATION OF OPERATIONS & MAINTENANCE BUDGET - BASED ON PROJECTIONS AS OF MAY 2024 FOR OCTOBER 1, 2024 TO SEPTEMBER 30, 2025 DISTRICT OPERATIONS & MAINTENANCE BUDGET
ESTIMATED EDU'S		

% OF TOTAL		

% OF TOTAL	
W/IN SECTOR
%'S	Revenue based on # of EDU	
	PROJECTED BUILDOUT EDU'S
AS OF MAY 2024		PLATTED AS OF MAY 2024
BUDGET YEAR EDU'S			
PER EDU	ASSESSMENTS REVENUE	PRIOR
TOTAL	YEAR

79,043	74,504
26,348	24,835
163,700	154,301
8,207	7,735
77,747	73,283
240,151	226,363
205,165	193,386
39,305	37,049
34,986	32,977
49,672	46,820
55,503	52,316
1,897	1,788
932	878
914	861
0	0
0	0
0	0
9,978	9,405
791	0
0	0
328	0
0	0
1,133	0
0	0
0	0
782	0
0	0
0	1
0	2
0	3
0	4
0	5
0	6
0	7
63,061	59,441
46,432	43,766
65,653	61,883
52,695	24,835
93,728	42,341
0	0	
VAR	
	RES UNITS  RES EDU COMM EDU	TOTAL		RES UNITS  RES EDU	COMM	TOTAL						
Lakewood Center North:
ARBOR GRANDE - Standard Pacific - SF	183	183	183
ARBOR GRANDE - Standard Pacific - MF	122	61	61
MALLORY PARK - Divosta Homes - SF	379	379	379
MALLORY PARK - Divosta Homes - MF	38	19	19
Northland Echo Lake LLD (ECHO LAKE APARTMENTS) ID 579902459	360	180	180
INDIGO - Neal Homes	556	556	556
SAVANNAH - Meritage Homes	475	475	475
Woodleaf Hammock - Homes by Towne - SF	91	91	91
Woodleaf Hammock - Homes by Towne - MF	162	81	81
Estia Apartments - ID 567811159	230	115	115
SUMMERHOUSE APARTMENTS,PR II/LIV - ID #580075059	257	129	129
ABC Properties LTD - ID 580075109	4	4
Circle K Stores Inc - ID 580075159	2	2
CBH Properties Bradenton LLC - ID 580075359	2	2
HH Pizza Factory - ID 580075309	4	4
DMP RENTALS PARTNERSHIP - ID 580075209	3	3
LG NNN LLC - ID 580075259	1	1
PUBLIX, REAL SUB LLC - ID #580091309	23	23
S&L Properties Lakewood Ranch LLC - ID #580091059	2	2
CFT NV DEVELOPMENTS LLC - ID #580091109	2	2
REAL SUB LLC - ID #580091159	1	1
NAP LR6, LLC - ID #580091409	2	2
REAL SUB LLC - ID #580091209	3	3
NAP LR6, LLC - ID #580091459	2	2
NAP LR6, LLC - ID #580091359	2	2
LEGACY LIFE INVESTMENTS LL - ID #580091259	2	2
CNL BRADENTON WHITE EAGLE WEST LLC - ID #579910659	2	2
CNL BRADENTON POPE LLC - ID #579913559	1	1
MAVIS SOUTHEAST LLC - ID #579913609	3	3
CNL BRADENTON POPE LLC - ID #579913659	1	1
CNL BRADENTON POPE LLC - ID #579913759
CNL BRADENTON POPE LLC - ID #579913809	10	10
CNL BRADENTON POPE LLC - ID #579913709	1	1
CNL BRADENTON POPE LLC - ID #579910619	10	10
The Oasis at Manatee River LLC (Picerne) - ID 579900609	292	146	146
"Artesia" - TI Investors of LWR South LLC - HBT Parcel U - ID 579989679	215	108	108
"Vida" - TI Investors of LWR North LLC - HBT Parcel U - ID 579989659	304	152	152
Avalon Woods, NW Corner of 44th & Lorraine - NVR/Ryan Homes - SF Attach	122	122	122
Avalon Woods, NW Corner of 44th & Lorraine - NVR/Ryan Homes - SF	217	217	217
NW Corner of 44th & White Eagle #580134209 -Parcel Y	84	84	84	
0.59%
0.20%
1.23%
0.06%
0.58%
1.80%
1.54%
0.30%
0.26%
0.37%
0.42%
0.01%
0.01%
0.01%
0.01%
0.01%
0.00%
0.07%
0.01%
0.01%
0.00%
0.01%
0.01%
0.01%
0.01%
0.01%
0.01%
0.00%
0.01%
0.00%
0.00%
0.03%
0.00%
0.03%
0.47%
0.35%
0.49%
0.40%
0.70%
0.27%	
183	183
122	61
379	379
38	19
360	180
556	556
475	475
91	91
162	81
230	115
257	129
0	4.39
0	2.16
2.12

23.10
1.83
0.00
0.76
0.00
2.62
0.00
0.00
1.81
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
292	146
215	108
304	152
122	122
217	217	
183
61
379
19
180
556
475
91
81
115
129
4
2
2
0
0
0
23
2
0
1
0
3
0
0
2
0

146
108
152
122
217
0	
0.78%
0.26%
1.62%
0.08%
0.77%
2.38%
2.03%
0.39%
0.35%
0.49%
0.55%
0.02%
0.01%
0.01%
0.00%
0.00%
0.00%
0.10%
0.01%
0.00%
0.00%
0.00%
0.01%
0.00%
0.00%
0.01%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.63%
0.46%
0.65%
0.52%
0.93%
0.00%	
2%
1%
5%
0%
2%
7%
6%
1%
1%
2%
2%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
2%
1%
2%
2%
3%
0%				
Buisiness Park & Commerce Park:
Harrod Properties
MDH F1 BRADENTON 1 LLC - ID #567813009 - 60,810 sq ft MDH F1 BRADENTON 1 LLC - ID #567810859 - 60,810 sq ft MDH F1 BRADENTON 1 LLC - ID #567813159 - 60,810 sq ft MDH F1 BRADENTON 1 LLC - ID #567813209 - 60,810 sq ft MDH F1 BRADENTON 1 LLC - ID #567813059 - 100,270 sq ft MDH F1 BRADENTON 1 LLC - ID #567810909 - 100,270 sq ft
GATEWOOD CORPORATE CENTER COMMERCIAL CONDOMINIUM O,
Building 7 - ID #567814009
WSI LAND HOLDINGS LLC, ID #567810959			

24
24
24
24
40
40
24

4	

24
24
24
24
40
40
24

4	

0.08%
0.08%
0.08%
0.08%
0.13%
0.13%
0.08%

0.01%			

24.32
24.32
24.32
24.32
40.11
40.11
24.32

0.00	

24
24
24
24
40
40
24

0	

0.10%
0.10%
0.10%
0.10%
0.17%
0.17%
0.10%

0.00%	

0%
0%
0%
0%
1%
1%
0%

0%		

10,506
10,506
10,506
10,506
17,324
17,324
10,506

0	

9,903
9,903
9,903
9,903
16,329
16,329
9,903

0		
Business Park
Midgard Self Storage - ID #579102909 - 6 buildings = total 89,450 sq ft Ungabungawunga - ID #579102409
BRADENTON AUTO HOLDINGS LLC - ID#579102609
SOLUTIONS BUSINESS PLAZA CONDOMINIUM OWNERS- ID #579104509
Sorrentino - ID# 579104209 IPOOP Palace - ID 579101209
KW Realty - ID#579101259 - 2 buildings = 22,067 sq ft SCI Funeral Services of FL - ID 579102659 BRADENTON MEDICAL LLC - ID 579103559 BRADENTON MEDICAL LLC - ID 579103609
LWRG Developments LLC - ID 579102959 HONORABLE ROSE LLC - ID 579101159
Gray Bella - ID 579101409 102159
KGJ Sarasota LLC - ID 579102459
Bearing Point Construction - ID 579102209 Iriss Group Property Holdings - ID 579102309
CROWN BUILDING GROUP LLC- ID 579102059
American Land Resources - ID 579101459 4816 Lena LLC - ID 579102109
Inner Compass at LWR LLC - ID 579102359 4215 Solutions Lane LLC - ID 579103059
CNL BRADENTON 44TH BLK B LLC - ID 579101309 WRDL VENTURES LLC - ID 579103109
LWR Commerce Park - ID 579102289
CNL BRADENTON TECHNOLOGY LLC - ID 579102269 MARTINEZ COMMERCIAL HOLDINGS LLC - ID #579104709 CNL BRADENTON 44TH BLK D LLC - ID 579102759
CNL BRADENTON 44TH BLK D LLC - ID 579102809 CNL BRADENTON 44TH BLK D LLC - ID 579102859			
35.78
3.60
3.64
4.00
2.07
4.00
8.83
2.68
3.81
4.11
7.27
4.11
7.13
2.52
4.94
.82
17.98
4.00
4.00
5.28
2.99
4.00
4.00
4.00
4.00
4.00
.81
4.00
4.00
4.00	
35.78
3.60
3.64
4.00
2.07
4.00
8.83
2.68
3.81
4.11
7.27
4.11
7.13
2.52
4.94
.82
17.98
4.00
4.00
5.28
2.99
4.00
4.00
4.00
4.00
4.00
.81
4.00
4.00
4.00	
0.12%
0.01%
0.01%
0.01%
0.01%
0.01%
0.03%
0.01%
0.01%
0.01%
0.02%
0.01%
0.02%
0.01%
0.02%
0.00%
0.06%
0.01%
0.01%
0.02%
0.01%
0.01%
0.01%
0.01%
0.01%
0.01%
0.00%
0.01%
0.01%
0.01%			
35.78
3.60
3.64
4.00
2.07
4.00
8.83
2.68
3.81
4.11
7.27
4.11
7.13
2.52
4.94
0.82
17.98
0.00
0.00
5.28
0.00
0.00
16.00
4.00
0.00
0.00
0.81
0.00
0.00
0.00	
35.78
3.60
3.64
4.00
2.07
4.00
8.83
2.68
3.81
4.11
7.27
4.11
7.13
2.52
4.94
0.82
17.98
0.00
0.00
5.28
0.00
0.00
16.00
4.00
0.00
0.00
0.81
0.00
0.00
0.00	
0.15%
0.02%
0.02%
0.02%
0.01%
0.02%
0.04%
0.01%
0.02%
0.02%
0.03%
0.02%
0.03%
0.01%
0.02%
0.00%
0.08%
0.00%
0.00%
0.02%
0.00%
0.00%
0.07%
0.02%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%	
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%		
15,454
1,555
1,572
1,728
893
1,728
3,813
1,157
1,648
1,774
3,141
1,777
3,080
1,086
2,133
355
7,765
0
0
2,281
0
0
6,911
1,728
0
0
348
0
0
0	
14,567
1,466
1,482
1,629
841
1,629
3,594
1,091
1,553
1,672
2,960
1,675
2,903
1,024
2,010
401
7,319
0
1,629
0
0
0
0
1,629
0
0
0
0
0
0		
SUBTOTAL	10,504	7,603	1,102	8,704	28.22%	9,358	6,988	572	7,560	32.39%	100%	$432	$3,265,493 $2,879,235	$386,258	

LAKEWOOD RANCH STEWARDSHIP DISTRICT
ESTIMATED EDU's BY COMMUNITY AND ALLOCATION OF OPERATIONS & MAINTENANCE BUDGET - BASED ON PROJECTIONS AS OF MAY 2024 FOR OCTOBER 1, 2024 TO SEPTEMBER 30, 2025 DISTRICT OPERATIONS & MAINTENANCE BUDGET
ESTIMATED EDU'S		

% OF TOTAL		

% OF TOTAL	
W/IN SECTOR
%'S	Revenue based on # of EDU	
	PROJECTED BUILDOUT EDU'S
AS OF MAY 2024		PLATTED AS OF MAY 2024
BUDGET YEAR EDU'S			ASSESSMENTS
PER	REVENUE	PRIOR	VAR EDU		TOTAL	 YEAR
12%

596,967	526,902
160,227	151,929
703,027	507,866

245,832	233,101
254,544	242,080
515,907	472,667
0	0
170,833	161,986
114,015	108,110
457,953	195,388

0	0
0	0

10,565	10,018
48,106	45,615
21,176	20,079
2,342	2,221
980	930
1,522	1,443
0	0
488	463
0	0	

NE SECTOR
LAKEWOOD NATIONAL - Lennar Homes POLO RUN - Lennar Homes
Azario - Taylor Morrison - SF

CRESSWIND - Kolter SOLERA - DR Horton
Lorraine Lakes - Lennar Homes - SF Palm Grove - Neal Communities - SF Sapphire Point - Pulte Homes Sweetwater - MI Homes
Star Farms - Forestar - SF
NAP MCEAST LLC, #576211007 & #576000909
FUTURE Community, Parcel J East- SF FUTURE Apartments, Parcel J West

Lorraine & SR70 - NE Corner:
Publix + 3 outparcels - ID# 582200609 Oasis Apartments - ID#58202859
Big Jim Self Storage - ID #582202059
Bayside Pet Resort - ID #582202109 - 15,456 sq ft JK Investment - ID #582202169
MAVIS TIRE, P & D INVESTMENTS IV LLC - ID 582203109 D7 Bradenton LLC - ID #582203159
TACO BELL, NHRCT, LLC - ID #582203209 - 3224 sq ft
Lakewood Ranch Comm Park - Lorraine NE Corners - Lot 5 - ID #582202259
SUBTOTAL

SARASOTA
FUTURE SINGLE FAMILY FUTURE MULTI FAMILY

SHOREVIEW - Pulte - All SF
LAKEHOUSE COVE - Homes by Towne - SF B9 Adley Owner (Davis Apts) - ID #0191010003 Waterside Place, LLC - ID#0195010002
Botanic Apt West, 1450 Pine Warbler Owner, LLC - ID #0193010004 Botanic Apt East, 1450 PINE WARBLER OWNER LLC - ID #0193010005
DD Waterside TH, LLC (Davis Town Homes) - ID #195010003 OLANA, DD Waterside III, LLC - ID #0193010011
The Row, DD Waterside II, LLC (Davis Apts) - ID #0195010004 The Alcove - Neal Signature Homes, LLC ID 0193010008 Nautique - HBT At Waterside LLC - ID #0193010007
The Tides - TI Investors of LWR - ID 0193010010
Emerald Landing - CND Lakewood Ranch LLC - ID #0193010009 Emerald Landing Phase 2 - CND Lakewood 2 - ID #0193010012 Kingfisher Estates - Pulte Home Company - ID 0195010009 Avanti, PULTE HOME COMPANY LLC, ID #0192091000
Wild Blue, SDWB WATERSIDE LLC, ID #0183010007 Bungalow Walk, TDC LR SFR LLC, ID #0183010004
Shellstone, Homes by Towne

South Corners of Lorraine & University Pkwy "Neighborhood 8" LYMAN HOLDINGS LLC - ID 0183040030
CARRETTA III LLC (CVS) - ID 0183040010 BOOS Sarasota U&L LLC - ID 0183040020
JPMorgan Chase Bank - ID 0183040100
BW University Lorraine (Aldi) - ID 0183040110 ROSIE STUDIO LLC (Starbucks) - ID 0183040120 BW UNIVERSITY LORRAINE LLC - ID 0183040130
NE Corner Lucent & Cannon, Lot 1 NE Corner Lucent & Cannon, Lot 2 NE Corner Lucent & Cannon, Lot 3 NE Corner Lucent & Cannon, Lot 4
Sarasota Property Owner LLC (Grand Living AL) -ID# 0183030001 SW Corner Lucent & Cannon

SUBTOTAL

TAYLOR SECTOR
SADDLESTONE - Forestar CATALINA - Del Webb Pulte CALUSA NATIONAL GOLF - Lennar

SUBTOTAL	RES UNITS  RES EDU COMM EDU	TOTAL		RES UNITS  RES EDU	COMM	TOTAL				

1,576	1,576	1,576
423	423	423
1,927	1,927	1,927

649	649	649
672	672	672
1,362	1,362	1,362
*Units will be added as platted - see note below
451	451	451
512	512	512
1,500	1,500	1,500
32	32
159	159	159
600	300	300

28	28
254	127	127
55.91	55.91
6.18	6.18
2.59	2.59
4.02	4.02
4.00	4.00
1.29	1.29
12.00	12.00	

5.11%
1.37%
6.25%

2.10%
2.18%
4.42%
0.00%
1.46%
1.66%
4.86%
0.10%
0.52%
0.97%

0.09%
0.41%
0.18%
0.02%
0.01%
0.01%
0.01%
0.00%
0.04%	

1,576	1,576	1,576
423	423	423
1,856	1,856	1,856

649	649	649
672	672	672
1,362	1,362	1,362
0	0	0
451	451	451
301	301	301
1,209	1,209	1,209

0	0	0
0	0	0

27.89	28
254	127	127
55.91	55.91
6.18	6.18
2.59	2.59
4.02	4.02
.00
1.29	1.29
.00	

6.75%
1.81%
7.95%

2.78%
2.88%
5.83%
0.00%
1.93%
1.29%
5.18%

0.00%
0.00%

0.12%
0.54%
0.24%
0.03%
0.01%
0.02%
0.00%
0.01%
0.00%	

18%
5%
21%

7%
8%
16%
0%
5%
3%
14%

0%
0%

0%
1%
1%
0%
0%
0%
0%
0%
0%		
	10,085	9,658	146	9,804	31.78%	8,753	8,626	98	8,724	37.37%	3%	$379	$3,304,484 $2,680,798	$623,686	

300	300	300
626	626	626
299	150	150
48	48
208	104	104
112	56	56
21	11	11
242	121
301	151	151
47	47	47
222	222	222
366	183	183
193	193	193
42	42	42
13	13	13
166	166	166
505	505	505
225	225	225
684	684	684

2	2
6	6
3	3
1	1
9	9
1	1
6	6
6	6
6	6
2	2
5	5
155	78	78
4	4	

0.00%
0.00%

0.97%
2.03%
0.48%
0.16%
0.34%
0.18%
0.03%

0.49%
0.15%
0.72%
0.59%
0.63%
0.14%
0.04%
0.54%
1.64%
0.73%
2.22%

0.01%
0.02%
0.01%
0.00%
0.03%
0.00%
0.02%
0.02%
0.02%
0.01%
0.02%
0.25%
0.01%	

0
0

300	300	300
626	626	626
299	150	150
0	48.48	48
208	104	104
112	56	56
21	11	11
242	121	121
301	151	151
47	47	47
222	222	222
366	183	183
193	193	193
0
13	13	13
166	166	166
231	231	231
225	225	225
267	267	267

1.71	2
5.93	6
3.03	3
1.35	1
9.39	9
1.00	1
5.60	6
0
0
0
0
155	78	78
0	

0.00%
0.00%

1.29%
2.68%
0.64%
0.21%
0.45%
0.24%
0.04%
0.52%
0.64%
0.20%
0.95%
0.78%
0.83%
0.00%
0.06%
0.71%
0.99%
0.96%
1.14%

0.01%
0.03%
0.01%
0.01%
0.04%
0.00%
0.02%
0.00%
0.00%
0.00%
0.00%
0.33%
0.00%	

0%
0%

9%
19%
5%
2%
3%
2%
0%
4%
5%
1%
7%
6%
6%
0%
0%
5%
7%
7%
8%

0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
2%
0%	19%

0	0
0	0

197,376	142,988
411,857	363,864
98,359	86,897
31,895	24,413
68,424	60,450
36,843	32,550
6,908	6,103
79,608	70,332
99,017	87,478
30,922	27,319
146,058	129,038
120,399	0
126,978	0
0	0
8,553	7,556
109,214	96,488
151,979	54,638
148,032	0
175,664	0

1,127	996
3,901	3,825
1,992	1,760
887	784
6,177	5,457
659	583
3,688	3,258
0	0
0	0
0	0
0	0
50,989	49,988
0	0	
	4,727	3,875	100	3,854	12.49%	3,994	3,142	76	3,218	13.79%	100%	$658	$2,117,507 $1,256,765	$860,742	

1,300	1,300	1,300
1,300	1,300	1,300
1,900	1,900	1,900	

4.21%
4.21%
6.16%	

0
0
0	

0.00%
0.00%
0.00%	

0%
0%
0%	41%

0	0
0	0
0	0	
	4,500	4,500	4,500	14.59%	0	0	0.00%	0%	$0	$0	$0	$0	

							
ALL TOTAL	33,742	29,516	1,452	30,847	100%	25,926	22,531	812	23,343	100%			$11,037,987	$9,033,885	$2,004,103	
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
*Palm Grove - This neighborhood will be adding 1,011 units to the NE Sector with a minimal increase to the O&M expenses, therefore the addition of these units to the NE Sector will lower the overall per unit O&M allocation within the NE Sector. As this is a significant benefit to the NE Sector and these units were not included in the original NE Sector O&M budgets, they will be added to the above total budgeted units and annual budget as they are platted starting in the 2025/26 budget.

LAKEWOOD RANCH STEWARDSHIP DISTRICT
ESTIMATED ACRES BY PARCEL BASED ON PROJECTIONS AS OF MAY 2024
FOR ALLOCATION OF OPERATION & MAINTENANCE ASSESSMENTS ON LAND NOT PLATTED
FOR OCTOBER 1, 2024 TO SEPTEMBER 30, 2025 DISTRICT OPERATIONS & MAINTENANCE BUDGET

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:							
Trinity Enterprise Holdings, Inc - ID 588602309	69.65	40.00	0.57	-	69.65	$103	

Northwest Sector:							
EQUITABLE NATIONAL PROPERTY COMPANY LLC - ID #57960098	16.16	40.00	2.48	-	16.16	$103	
EQUITABLE NATIONAL PROPERTY COMPANY LLC - ID #5796257	3.25	10.00	3.08	-	3.25	$103	
Lakewood Center South / NW Sector:							
CORE (within LWCS):							
Orlando Health	31.98	260.00	8.13		31.98	$103	
CNL BRADENTON CROSSLAND LLC, #583208509	5.92	14.63	2.47		5.92	$103	
CNL BRADENTON SILVER FALLS EAST LLC #583208609	13.20	12.00	0.91		13.20	$103	
CORE RE II LLC #583204959	5.00	20.00	4.00		5.00	$103	
CCM CORE SILVER FALLS LLC #583208559	9.03	48.00	5.32		9.03	$103	
EMERSON LAKES LLC #583208709, Phase 1	45.92	351.00	7.64		45.92	$103	
EMERSON LAKES LLC #583208759 & #583208659, Phase 2	39.11	180.00	4.60		39.11	$103	
BRIDGE HOUSE HOLDINGS LLC #583204909	5.33	12.00	2.25		5.33	$103	
Lakewood Center North 1 - "Commercial Units":							
J & B INTERNATIONAL PROPERTIES LLC - Unit 8 - ID #583206259	1.34	20.00	14.93	-	1.34	$103	
QATT LLC, Parcel G - ID #583206809	2.17	10.00	4.61	1.00	1.95	$103	
RANGELAND OFFICE PARK LLC, Parcel G - ID #583206759	2.00	10.00	4.99	2.00	1.60	$103	
Lakewood Center North:
HH Pizza Factory - ID 580075309	
1	
4.00	
6.37		
0.63	
$103	
DMP RENTALS PARTNERSHIP - ID 580075209	1	2.95	2.58		1.14	$103	
LG NNN LLC - ID 580075259	1	0.85	1.06		0.80	$103	
MAVIS SOUTHEAST LLC - ID #579913609	1	2.78	2.20		1.26	$103	
CFT NV DEVELOPMENTS LLC - ID #580091109	1	2.00	1.60		1.25	$103	
NAP LR6, LLC - ID #580091409	2	2.00	0.87		2.31	$103	
NAP LR6, LLC - ID #580091459	1	2.00	1.77		1.13	$103	
NAP LR6, LLC - ID #580091359	1	2.00	2.35		0.85	$103	
CNL BRADENTON WHITE EAGLE WEST LLC - ID #579910659	3	2.00	0.65		3.09	$103	
CNL BRADENTON POPE LLC - ID #579913559	1	1.00	1.05		0.95	$103	
MAVIS SOUTHEAST LLC - ID #579913609	1	2.78	2.20		1.26	$103	
CNL BRADENTON POPE LLC - ID #579913659	1	1.00	1.47		0.68	$103	
CNL BRADENTON POPE LLC - ID #579913759	0	-	-			$103	
CNL BRADENTON POPE LLC - ID #579913809	8	10.00	1.32		7.55	$103	
CNL BRADENTON POPE LLC - ID #579913709	1	1.00	1.10		0.91	$103	
CNL BRADENTON POPE LLC - ID #579910619	7	10.00	1.50		6.66	$103	
Northwest Sector DRI
NW Corner of 44th & White Eagle - Amber Creek, Parcel Y - Apartments	
22	
240.00	
10.91		
22.00	
$103	
Buisiness Park & Commerce Park:							
Inner Compass at LWR LLC - ID 579102359	1.56	2.99	1.91	-	1.56	$103	
4816 Lena LLC - ID 579102109	1.25	5.28	4.23	-	1.25	$103	
4215 Solutions Lane LLC - ID 579103059	1.38	4.00	2.89	-	1.38	$103	
CROWN BUILDING GROUP LLC- ID 579102059	1.21	4.00	3.29	-	1.21	$103	
WSI LAND HOLDINGS LLC, ID #567810959	16.06	4.00	0.25	-	16.06	$103	
CNL BRADENTON 44TH BLK B LLC - ID 579101309	4.05	4.00	0.99	-	4.05	$103	
4816 LENA LLC - ID 579103009	1.44	4.00	2.78	-	1.44	$103	
LWR Commerce Park - ID 579102289	1.90	4.00	2.11	-	1.90	$103	
CNL BRADENTON TECHNOLOGY LLC - ID 579102269	2.81	4.00	1.43	-	2.81	$103	
CNL BRADENTON 44TH BLK D LLC - ID 579102759	1.32	4.00	3.03	-	1.32	$103	
CNL BRADENTON 44TH BLK D LLC - ID 579102809	1.29	4.00	3.10	-	1.29	$103	
CNL BRADENTON 44TH BLK D LLC - ID 579102859	1.29	4.00	3.10	-	1.29	$103	
WRDL VENTURES LLC - ID 579103109	1.6468	4.00	2.43	-	1.65	$103	

Northeast Sector:							
Azario - Taylor Morrison	992.00	1,927.00	1.94	1,856.00	36.55	$103	
Sweetwater - MI Homes	223.25	512.00	2.29	301.00	92.00	$103	
Star Farms - Forestar	699.47	1,500.00	2.14	1,209.00	135.70	$103	
Lakewood Ranch Comm Park - Lorraine NE Corners - Lot 5 - ID #582	3.27	12.00	3.67	4.02	2.18	$103	
D7 Bradenton - ID #582202219
Palm Grove - Neal Communities - SF	0.87	4.00	4.62	-	0.87	$103	
NAP MCEAST LLC, #576211007 & #576000909	14.83	32.00	2.16	1.29	14.23	$103	

Sarasota:							
Emerald Landing Phase 2 - CND Lakewood 2 - ID #0193010012	7.29	42.00	5.76	-	7.29	$103	
Wild Blue, SDWB WATERSIDE LLC, ID #0183010007	437.38	505.00	1.15	231	237.31	$103	
Shellstone, Homes by Towne	384.15	684.00	1.78	267	234.20	$103	
Taylor Sector:							

Assessment Amount

$7,152	
$7,152	

$1,659
$334

$3,284
$608
$1,355
$514
$927
$4,715
$4,017
$547

$138
$201
$165

$64
$118
$82
$129
$129
$237
$116
$87
$317
$98
$129
$70
$0
$775
$93
$684

$2,259

$160
$128
$142
$125
$1,649
$416
$148
$195
$288
$135
$133
$133
	$169	
  $27,672 

$3,753
$9,448
$13,935
$224
$89

$1,461	
$28,910	

$749
$24,369
  $24,050 
$49,168	

$0
$0
	$0	
$0	
	
$112,901	

SADDLESTONE - Fore Star	Home construction has not begun in the Taylor Sector. There are no platted units to be charged and the builders will not be charged a

CATALINA - Del Webb
CALUSA NATIONAL GOLF - Lennar

per acre assessment for 2024/25. The Landowner (SMR) will fund the budgeted $429,500 of direct expenses plus a 10% admin fee for 2024/25.

Total Non-SMR	3,102	1,099.44

Acct#	EXPENSES
BRADEN RIVER UTILITIES DEPARTMENT BRU	REVENUE
Non Potable Water Sales
Fixed Meter Charges	Budget FY2024	PROPOSED Budget FY2025	PROPOSED FY2025 Budget
vs. Budget 2024	

5,942,860
414,060	

5,942,860
414,060		
			
-
-	
0%
0%	
TOTAL BRU REVENUE	6,356,920	6,356,920	-	0%	

BRU	EXPENSES

UTILITIES
400-60400 Florida Power & Light 400-60420 Peace River Electric	

517,860	

500,000	

(17,860)	

-3%	
	517,860	400,000			
Subtotal Utilities	1,035,720	900,000	(17,860)	-2%	

RECLAIMED WATER					
400-60421 City of Sarasota Reclaim Water	507,000	507,000	-	0%	
400-60422 City of Bradenton Reclaim Water	468,000	468,000	-	0%	
400-60423 Manatee County Reclaim Water	-	-	-	#DIV/0!	
Subtotal Reclaim Water	975,000	975,000	-	0%	

A. BRU MANAGEMENT					
400-60723 Operations and Maintenance Management Fee, Maintenance Yard, Office - LWRSD	36,000	36,000	-	0%	
400-60724 Operations and Maintenance Management Fee - LWRD Personnel	150,000	150,000	-	0%	
Subtotal	186,000	186,000	-	0%	

B. BRU OPERATIONS
400-60725 Uniforms
400-60730 Job Materials
400-60735 Phone/Tablets
400-60740 Office Supplies 400-60745 Fuel & Oil
400-60750 Equipment Repairs (Pumps) 400-60755 Tools/Machinery
400-60760 Supplies
400-60770 Miscellaneous Maintenance & Expense 400-60780 Vehicle R&M
New Customer Meter Connections & Installations Customer Meter Replacement & Maintenance Well Plugging
GIS Implementation & Maintenance	

3,000	

3,000	

-	

0%	
	20,000	20,000	-	0%	
	4,200	6,000	1,800		
	2,000	2,000	-		
	19,800	20,000	200	1%	
	300,000	400,000	100,000		
	5,000	5,000	-	0%	
	5,000	15,000	10,000	200%	
	12,000	200,000	188,000	1567%	
	5,000	70,000	65,000	1300%	
	-	322,000	322,000	#DIV/0!	
	-	100,000	100,000	#DIV/0!	
	-	105,000	105,000	#DIV/0!	
	-	300,000	300,000	#DIV/0!	
Subtotal Operations	376,000	1,568,000	1,192,000	317%	
					
ADMINISTRATIVE					
400-70000 Insurance	15,480	15,480	-	0%	
400-70030 Engineering & Consulting	410,000	410,000	-	0%	
400-70050 Legal Fees	60,000	30,000	(30,000)	-50%	
400-70060 Accounting & HR Services	100,000	220,000	120,000	120%	
400-70070 Annual Audit		10,000	10,000	#DIV/0!	
400-70120 Postage			-	#DIV/0!	
400-70150 Office Supplies			-	#DIV/0!	
400-70160 Other Current Charges			-	#DIV/0!	
400-70170 Dues, Licenses, Subscriptions, Training		50,000	50,000	#DIV/0!	
400-70180 Payroll & Payroll Tax Expense	612,158	696,395	84,237	14%	
400-70182 Cell Phone	-	5,000	5,000		
400-70183 Healthcare	-	-	-		
400-70685 Defined Employee Contribution Plan			-	0%	
Subtotal Administrative	1,197,638	1,436,875	239,237	20%	
					
TOTAL BRU Operating Account Expenses	3,770,358	5,065,875	478,474	13%	

LAKEWOOD RANCH STEWARDSHIP DISTRICT BRADEN RIVER UTILITIES DEPARTMENT
FOR OCTOBER 1, 2024 TO SEPTEMBER 30, 2025 RENEWAL AND REPLACEMENT FUND

Target R&R Fund Balance (minimum of $350,000)

10/1/24 Opening Balance	350,000	
Capital Expenditures		
Vehicle	65,000	
Construction	250,000	
Total Capital Expenditures	315,000	

Annual Funding Needed	315,000

R&R Fund Ending Balance	350,000

Page 15