Title: Lakewood Ranch Stewardship District Fiscal Year 2027 Adopted DS Budget
Author: Jane Gaarlandt

Lakewood Ranch Stewardship District

Adopted Debt Service Fund Budget
East Sector, South Sector, Northwest Sector, Northeast Sector, Taylor Sector and Sarasota Sector Special Assessment Bonds FY 2027

ASSESSMENT REVENUES | |
Azario Series 2019A | $ | 936,210.00
Azario Series 2020A | $ | 480,585.00
Aurora Series 2024A | $ | 367,743.75
Belleisle and Central Park Special Assessments Revenue Refunding Series 2021A | $ | 285,648.00
Calusa Series 2025 | $ | 1,320,330.00
Central Park Special Assessments Series 2023A | $ | 510,307.30
Country Club East Special Assessments Series 2023A | $ | 566,292.85
Country Club East Special Assessments Series 2014A | $ | 1,080,517.50
Country Club East Special Assessments Series 2020A | $ | 1,567,743.75
Cresswind Project Special Assessments Series 2019A | $ | 392,565.00
Del Webb Special Assessments Series 2017A | $ | 1,251,645.64
Indigo Expansion Series 2019A | $ | 347,493.75
The Isles Series 2019A | $ | 627,045.01
The Isles Phase 2 Series 2021A | $ | 285,500.01
Lakewood Centre & NW Sector Special Assessments Series 2020A-1 | $ | 1,941,966.24
Lakewood Centre & NW Sector Special Assessments Series 2020A-2 | $ | 308,081.25
Lakewood Centre & NW Sector Special Assessments Series 2018A | $ | 124,417.50
Lakewood Centre North Series 2015A | $ | 2,740,528.13
Lakewood National & Polo Run Special Assessments Series 2017A | $ | 4,364,934.38
Lake Club Special Assessments Series 2021 | $ | 816,614.25
Lake Club Phase 4 Special Assessments Series 2019A | $ | 301,192.50
Lorraine Lakes Series Series 2020 | $ | 766,378.14
Northeast Sector Phase 1A Special Assessments Series 2018 | $ | 1,290,153.75
Northeast Sector Phase 1B Special Assessments Series 2018 | $ | 3,273,292.50
Northeast Sector Phase 2A Special Assessments Series 2019 | $ | 396,162.50
Northeast Sector Phase 2B Special Assessments Series 2020 | $ | 1,320,401.25
Northeast Sector Phase 2C Special Assessments Series 2020 | $ | 551,137.50
Note Series 2026 | $ | 173,320.00
Palm Grove Series 2024 | $ | 1,467,656.25
Saddlestone Series 2026 | $ | 622,268.75
Southeast Series 2025 - Capitalized Interest | $ | 12,951,202.50
Star Farms Special Assessments Series 2021 | $ | 596,483.75
Star Farms Special Assessments Series 2024 | $ | 1,046,220.01
Sweetwater Special Assessments Series 2021 | $ | 349,903.76
Taylor Ranch Special Assessments Series 2023 | $ | 6,939,396.89
Utility Revenue Bonds Series 2023 | $ | 2,883,759.39
Villages of Lakewood Ranch South Series 2016A | $ | 4,901,053.14
Villages of Lakewood Ranch South Series 2024A | $ | 380,147.50
| $ | 60,526,299.39
TOTAL ASSESSMENT REVENUES | $ | 60,526,299.39

Proposed Debt Service Fund Budget
East Sector, South Sector, Northwest Sector, Northeast Sector, Taylor Sector and Sarasota Sector Special Assessment Bonds FY 2027

EXPENDITURES
Azario Series 2019A - Interest 11/1/2026 | $ | 218,685.00
Azario Series 2019A - Principal 5/1/2027 | $ | 285,000.00
Azario Series 2019A - Interest 5/1/2027 | $ | 218,685.00
Azario Series 2020A - Interest 11/1/2026 | $ | 109,355.00
Azario Series 2020A - Principal 5/1/2027 | $ | 155,000.00
Azario Series 2020A - Interest 5/1/2027 | $ | 109,355.00
Aurora Series 2024A - Interest 11/1/2026 | $ | 101,391.25
Aurora Series 2024A - Principal 5/1/2027 | $ | 65,000.00
Aurora Series 2024A - Interest 5/1/2027 | $ | 101,391.25
Belleisle and Central Park Special Assessments Revenue Refunding Series 2021A - Interest 11/1/2026 | $ | 39,337.00
Belleisle and Central Park Special Assessments Revenue Refunding Series 2021A - Principal 5/1/2027 | $ | 170,000.00
Belleisle and Central Park Special Assessments Revenue Refunding Series 2021A - Interest 5/1/2027 | $ | 39,337.00
Calusa Special Assessments Series 2025A - Interest 11/1/2026 | $ | 373,228.75
Calusa Special Assessments Series 2025A - Principal 5/1/2027 | $ | 205,000.00
Calusa Special Assessments Series 2025A - Interest 5/1/2027 | $ | 373,228.75
Central Park Special Assessments Series 2023A - Interest 11/1/2026 | $ | 99,168.75
Central Park Special Assessments Series 2023A - Principal 5/1/2027 | $ | 217,000.00
Central Park Special Assessments Series 2023A - Interest 5/1/2027 | $ | 99,168.75
Country Club East Special Assessments Series 2023 - Interest 11/1/2026 | $ | 109,985.40
Country Club East Special Assessments Series 2023 - Principal 5/1/2027 | $ | 241,000.00
Country Club East Special Assessments Series 2023 - Interest 5/1/2027 | $ | 109,985.40
Country Club East Special Assessments Series 2014 - Interest 11/1/2026 | $ | 257,981.25
Country Club East Special Assessments Series 2014 - Principal 5/1/2027 | $ | 315,000.00
Country Club East Special Assessments Series 2014 - Interest 5/1/2027 | $ | 257,981.25
Country Club East Special Assessments Series 2020 - Interest 11/1/2026 | $ | 161,231.25
Country Club East Special Assessments Series 2020 - Principal 5/1/2027 | $ | 1,095,000.00
Country Club East Special Assessments Series 2020 - Interest 5/1/2027 | $ | 161,231.25
Cresswind Project Special Assessments Series 2019 - Interest 11/1/2026 | $ | 94,885.00
Cresswind Project Special Assessments Series 2019 - Principal 5/1/2027 | $ | 110,000.00
Cresswind Project Special Assessments Series 2019 - Interest 5/1/2027 | $ | 94,885.00
Del Webb Special Assessments Series 2017A - Interest 11/1/2026 | $ | 307,949.38
Del Webb Special Assessments Series 2017A - Principal 5/1/2027 | $ | 335,000.00
Del Webb Special Assessments Series 2017A - Interest 5/1/2027 | $ | 307,949.38
Indigo Expansion Series 2019 - Interest 11/1/2026 | $ | 78,111.25
Indigo Expansion Series 2019 - Principal 5/1/2027 | $ | 115,000.00
Indigo Expansion Series 2019 - Interest 5/1/2027 | $ | 78,111.25
The Isles Phase 1 Series 2019A - Interest 11/1/2026 | $ | 155,080.63
The Isles Phase 1 Series 2019A - Principal 5/1/2027 | $ | 165,000.00
The Isles Phase 1 Series 2019A - Interest 5/1/2027 | $ | 155,080.63
The Isles Phase 2 Series 2021A - Interest 11/1/2026 | $ | 63,915.63
The Isles Phase 2 Series 2021A - Principal 5/1/2027 | $ | 95,000.00
The Isles Phase 2 Series 2021A - Interest 5/1/2027 | $ | 63,915.63
Lakewood Centre & NW Sector Special Assessments Series 2020A-1 - Interest 11/1/2026 | $ | 264,348.08
Lakewood Centre & NW Sector Special Assessments Series 2020A-1 - Principal 5/1/2027 | $ | 1,160,000.00
Lakewood Centre & NW Sector Special Assessments Series 2020A-1 - Interest 5/1/2027 | $ | 264,348.08
Lakewood Centre & NW Sector Special Assessments Series 2020A-2 - Interest 11/1/2026 | $ | 63,693.75
Lakewood Centre & NW Sector Special Assessments Series 2020A-2 - Principal 5/1/2027 | $ | 120,000.00
Lakewood Centre & NW Sector Special Assessments Series 2020A-2 - Interest 5/1/2027 | $ | 63,693.75
Lakewood Centre & NW Sector Special Assessments Series 2018A - Interest 11/1/2026 | $ | 31,720.00
Lakewood Centre & NW Sector Special Assessments Series 2018A - Principal 5/1/2027 | $ | 30,000.00
Lakewood Centre & NW Sector Special Assessments Series 2018A - Interest 5/1/2027 | $ | 31,720.00
Lakewood Centre North Special Assessments Series 2015A - Interest 11/1/2026 | $ | 635,456.25
Lakewood Centre North Special Assessments Series 2015A - Principal 5/1/2027 | $ | 855,000.00
Lakewood Centre North Special Assessments Series 2015A - Interest 5/1/2027 | $ | 635,456.25
Lakewood National & Polo Run Special Assessments Series 2017A - Interest 11/1/2026 | $ | 1,095,162.50
Lakewood National & Polo Run Special Assessments Series 2017A - Principal 5/1/2027 | $ | 1,105,000.00

Lakewood Ranch Stewardship District
Proposed Debt Service Fund Budget
East Sector, South Sector, Northwest Sector, Northeast Sector, Taylor Sector and Sarasota Sector
Special Assessment Bonds FY 2027
Lakewood National & Polo Run Special Assessments Series 2017A - Interest 5/1/2027 | $ | 1,095,162.50
Lake Club Special Assessments Series 2021A - Interest 11/1/2026 | $ | 72,046.50
Lake Club Special Assessments Series 2021A - Principal 5/1/2027 | $ | 607,000.00
Lake Club Special Assessments Series 2021A - Interest 5/1/2027 | $ | 72,046.50
Lake Club Phase 4 Special Assessments Series 2019A - Interest 11/1/2026 | $ | 72,602.50
Lake Club Phase 4 Special Assessments Series 2019A - Principal 5/1/2027 | $ | 85,000.00
Lake Club Phase 4 Special Assessments Series 2019A - Interest 5/1/2027 | $ | 72,602.50
Lorraine Lakes Series 2020 - Interest 11/1/2026 | $ | 176,709.38
Lorraine Lakes Series 2020 - Principal 5/1/2027 | $ | 240,000.00
Lorraine Lakes Series 2020 - Interest 5/1/2027 | $ | 176,709.38
Northeast Sector Phase 1A Special Assessments Series 2018 - Interest 11/1/2026 | $ | 322,388.75
Northeast Sector Phase 1A Special Assessments Series 2018 - Principal 5/1/2027 | $ | 330,000.00
Northeast Sector Phase 1A Special Assessments Series 2018 - Interest 5/1/2027 | $ | 322,388.75
Northeast Sector Phase 1B Special Assessments Series 2018 - Interest 11/1/2026 | $ | 837,272.50
Northeast Sector Phase 1B Special Assessments Series 2018 - Principal 5/1/2027 | $ | 780,000.00
Northeast Sector Phase 1B Special Assessments Series 2018 - Interest 5/1/2027 | $ | 837,272.50
Northeast Sector Phase 2A Special Assessments Series 2019 - Interest 11/1/2026 | $ | 89,425.00
Northeast Sector Phase 2A Special Assessments Series 2019 - Principal 5/1/2027 | $ | 130,000.00
Northeast Sector Phase 2A Special Assessments Series 2019 - Interest 5/1/2027 | $ | 89,425.00
Northeast Sector Phase 2B Special Assessments Series 2020 - Interest 11/1/2026 | $ | 302,373.75
Northeast Sector Phase 2B Special Assessments Series 2020 - Principal 5/1/2027 | $ | 420,000.00
Northeast Sector Phase 2B Special Assessments Series 2020 - Interest 5/1/2027 | $ | 302,373.75
Northeast Sector Phase 2C Special Assessments Series 2020 - Interest 11/1/2026 | $ | 124,612.50
Northeast Sector Phase 2C Special Assessments Series 2020 - Principal 5/1/2027 | $ | 180,000.00
Northeast Sector Phase 2C Special Assessments Series 2020 - Interest 5/1/2027 | $ | 124,612.50
Note Series 2026 - Principal 5/1/27 | $ | 52,800.88
Note Series 2026 - Interest 5/1/27 | $ | 120,519.12
Palm Grove Series 2024 - Interest 11/1/2026 | $ | 411,018.75
Palm Grove Series 2024 - Principal 5/1/2027 | $ | 240,000.00
Palm Grove Series 2024 - Interest 5/1/2027 | $ | 411,018.75
Saddlestone Series 2026 - Interest 11/1/2026 | $ | 174,756.25
Saddlestone Series 2026 - Principal 5/1/2027 | $ | 100,000.00
Saddlestone Series 2026 - Interest 11/1/2027 | $ | 174,756.25
Southeast Series 2025 - Interest 11/1/2026 | $ | 4,317,067.50
Southeast Series 2025- Interest 5/1/2027 | $ | 4,317,067.50
Star Farms Series 2021 - Interest 11/1/2026 | $ | 136,297.50
Star Farms Series 2021 - Principal 5/1/2027 | $ | 190,000.00
Star Farms Series 2021 - Interest 5/1/2027 | $ | 136,297.50
Star Farms Series 2024 - Interest 11/1/2026 | $ | 291,755.63
Star Farms Series 2024 - Principal 5/1/2027 | $ | 175,000.00
Star Farms Series 2024 - Interest 5/1/2027 | $ | 291,755.63
Sweetwater Series 2021 - Interest 11/1/2026 | $ | 78,804.38
Sweetwater Series 2021 - Principal 5/1/2027 | $ | 115,000.00
Sweetwater Series 2021 - Interest 5/1/2027 | $ | 78,804.38
Taylor Ranch Series 2023 - Interest 11/1/2026 | $ | 2,024,700.63
Taylor Ranch Series 2023 - Principal 5/1/2027 | $ | 890,000.00
Taylor Ranch Series 2023 - Interest 5/1/2027 | $ | 2,024,700.63
Utility Revenue Bond Series 2023 - Interest 10/1/2026 | $ | 915,053.13
Utility Revenue Bond Series 2023 - Principal 10/1/2026 | $ | 35,000.00
Utility Revenue Bond Series 2023 - Interest 4/1/2027 | $ | 914,353.13
Villages of Lakewood Ranch South Series 2016A - Interest 11/1/2026 | $ | 1,183,559.38
Villages of Lakewood Ranch South Series 2016A - Principal 5/1/2027 | $ | 1,385,000.00
Villages of Lakewood Ranch South Series 2016A - Interest 5/1/2027 | $ | 1,183,559.38
Villages of Lakewood Ranch South Series 2024A - Interest 11/1/2026 | $ | 103,515.00
Villages of Lakewood Ranch South Series 2024A - Principal 5/1/2027 | $ | 65,000.00
Villages of Lakewood Ranch South Series 2024A - Interest 5/1/2027 | $ | 103,515.00
$ | 44,766,910.30
TOTAL EXPENDITURES | $ | 44,766,910.30

Lakewood Ranch Stewardship District
Proposed Debt Service Fund Budget
East Sector, South Sector, Northwest Sector, Northeast Sector, Taylor Sector and Sarasota Sector
Special Assessment Bonds FY 2027
EXCESS REVENUES | $ | 15,759,389.09
November 1, 2027 Azario Series 2019 Debt Service Payment | $ | 213,840.00
November 1, 2027 Azario Series 2020 Debt Service Payment | $ | 106,875.00
November 1, 2027 Aurora Series 2024 Debt Service Payment | $ | 99,961.25
November 1, 2027 Belleisle and Central Park Special Assessments Revenue Refunding Series 2021A Debt Service Payment | $ | 36,974.00
November 1, 2027 Calusa Series 2025 Debt Service Payment | $ | 368,872.50
November 1, 2027 Central Park Series 2023A Debt Service Payment | $ | 94,969.80
November 1, 2027 Country Club East 2023A Debt Service Payment | $ | 105,322.05
November 1, 2027 Country Club East 2014A Debt Service Payment | $ | 249,555.00
November 1, 2027 Country Club East Series 2020A Debt Service Payment | $ | 150,281.25
November 1, 2027 Cresswind 2019A Debt Service Payment | $ | 92,795.00
November 1, 2027 Del Webb Series 2017A Debt Service Payment | $ | 300,746.88
November 1, 2027 Indigo Expansion Series 2019A Debt Service Payment | $ | 76,271.25
November 1, 2027 The Isles Series 2019A Debt Service Payment | $ | 151,883.75
November 1, 2027 The Isles Phase 2 Series 2021A Debt Service Payment | $ | 62,668.75
November 1, 2027 Lakewood Centre & NW Sector Series 2020A-1 Debt Service Payment | $ | 253,270.08
November 1, 2027 Lakewood Centre & NW Sector Series 2020A-2 Debt Service Payment | $ | 60,693.75
November 1, 2027 Lakewood Centre & NW Sector Series 2018A Debt Service Payment | $ | 30,977.50
November 1, 2027 Lakewood Centre North Series 2015A Debt Service Payment | $ | 614,615.63
November 1, 2027 Lakewood National & Polo Run Special Assessments Series 2017A Debt Service Payment | $ | 1,069,609.38
November 1, 2027 Lake Club Series 2021A Debt Service Payment | $ | 65,521.25
November 1, 2027 Lake Club Phase 4 Series 2019A Debt Service Payment | $ | 70,987.50
November 1, 2027 Lorriane Lakes Series 2020 Debt Service Payment | $ | 172,959.38
November 1, 2027 Northeast Sector Phase 1A 2018A Debt Service Payment | $ | 315,376.25
November 1, 2027 Northeast Sector Phase 1B 2018A Debt Service Payment | $ | 818,747.50
November 1, 2027 Northeast Sector Phase 2A Series 2019 Debt Service Payment | $ | 87,312.50
November 1, 2027 Northeast Sector Phase 2B Series 2020 Debt Service Payment | $ | 295,653.75
November 1, 2027 Northeast Sector Phase 2C Series 2020 Debt Service Payment | $ | 121,912.50
November 1, 2027 Palm Grove Series 2024 Debt Service Payment | $ | 405,618.75
November 1, 2027 Saddlestone Series 2026 Debt Service Payment | $ | 172,756.25
November 1, 2027 Southeast Series 2025 Debt Service Payment | $ | 4,317,067.50
November 1, 2027 Star Farms Series 2021 Debt Service Payment | $ | 133,888.75
November 1, 2027 Star Farms Series 2024 Debt Service Payment | $ | 287,708.75
November 1, 2027 Sweetwater Series 2021 Debt Service Payment | $ | 77,295.00
November 1, 2027 Taylor Ranch Series 2023 Debt Service Payment | $ | 1,999,995.63
October 1, 2027 Utility Revenue Bond Series 2023 Debt Service Payment | $ | 1,019,353.13
November 1, 2027 Villages of Lakewood Ranch South Series 2016A Debt Service Payment | $ | 1,148,934.38
November 1, 2027 Villages of Lakewood Ranch South Series 2024 Debt Service Payment | $ | 108,117.50
TOTAL EXCESS REVENUES | $ | 15,759,389.09

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