Beeline
Community Development District

Proposed Budget For Fiscal Year 2025/2026
October 1, 2025 - September 30, 2026

CONTENTS

PROPOSED BUDGET

DETAILED PROPOSED BUDGET

DETAILED PROPOSED DEBT SERVICE FUND BUDGET

ASSESSMENT RECAP

DEBT ASSESSMENT RECAP -
SERIES 2018 METHODOLOGY - TABLE 1

PROPOSED BUDGET
BEELINE COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2025/2026
OCTOBER 1, 2025 - SEPTEMBER 30, 2026

REVENUES	FISCAL YEAR 2025/2026 BUDGET	
O & M Assessments	329,079	
Debt Assessments	643,406	
Other Revenues	0	
Interest Income	0	
		
TOTAL REVENUES	$	972,485	
		
EXPENDITURES		
Supervisor Fees	7,000	
Payroll Taxes - Employer	560	
Signage Maintenance	1,000	
Surface Water Maintenance	7,500	
Engineering/Inspections	12,000	
Management - General	54,912	
Management - Signage	756	
Management - Surface Water	19,176	
Secretarial	4,200	
Legal	19,000	
Assessment Roll	5,000	
Audit Fees	5,000	
Arbitrage Rebate Calculation Fee	650	
Insurance	8,200	
Legal Advertising	1,700	
Miscellaneous Expense	2,800	
Postage/Office Supplies	1,300	
Dues & Subscriptions	175	
Trustee Fee	3,500	
Legal - Greenberg Traurig (Reimbursed By Landowners)	0	
Contingency - Repairs & Maintenance	25,000	
Maintenance - Lakes & Canals	26,000	
Management Fee - Bishop	69,000	
Bishop - Insurance	9,300	
Electricity	8,100	
Contract Maintenance	33,000	
Security Services	2,250	
Website Management	2,000	
		
TOTAL EXPENDITURES	$	329,079	
		
EXCESS/ (SHORTFALL)	$	643,406	
		
Bond Payments	$	(604,800)	
		
BALANCE	$	38,606	
		
County Appraiser & Tax Collector Fee	(12,869)	
Discounts For Early Payments	(25,737)	
		
NET EXCESS/ (SHORTFALL)	$	-	

DETAILED PROPOSED BUDGET
BEELINE COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2025/2026
OCTOBER 1, 2025 - SEPTEMBER 30, 2026

REVENUES	FISCAL YEAR 2023/2024 ACTUAL	FISCAL YEAR 2024/2025 BUDGET	FISCAL YEAR 2025/2026 BUDGET	

COMMENTS	
O & M Assessments	311,311	318,779	329,079	Expenditures Less Interest & Reimbursements	
Debt Assessments	643,971	643,406	643,406	Payment To Trustee/.94	
Other Revenues	0	0	0		
Interest Income	0	0	0		
					
TOTAL REVENUES	$	955,282	$	962,185	$	972,485		
					
EXPENDITURES					
Supervisor Fees	3,200	7,000	7,000	Supervisor Fees	
Payroll Taxes - Employer	245	560	560	8% Of Supervisor Fees	
Signage Maintenance	0	1,000	1,000	No Change From 2024/2025 Budget	
Surface Water Maintenance	5,985	7,500	7,500	No Change From 2024/2025 Budget	
Engineering/Inspections	5,758	13,000	12,000	$1,000 Decrease From 2024/2025 Budget	
Management - General	51,816	53,364	54,912	CPI Adjustment	
Management - Signage	732	744	756	CPI Adjustment	
Management - Surface Water	18,096	18,636	19,176	CPI Adjustment	
Secretarial	4,200	4,200	4,200	No Change From 2024/2025 Budget	
Legal	15,582	19,000	19,000	No Change From 2024/2025 Budget	
Assessment Roll	5,000	5,000	5,000	No Change From 2024/2025 Budget	
Audit Fees	5,200	5,300	5,000	Accepted Amount For 2024/2025 Audit	
Arbitrage Rebate Calculation Fee	650	650	650	No Change From 2024/2025 Budget	
Insurance	6,825	8,500	8,200	Insurance Estimate	
Legal Advertising	1,910	1,500	1,700	$200 Increase From 2024/2025 Budget	
Miscellaneous Expense	895	3,200	2,800	$400 Decrease From 2024/2025 Budget	
Postage/Office Supplies	605	1,400	1,300	$100 Decrease From 2024/2025 Budget	
Dues & Subscriptions	175	175	175	No Change From 2024/2025 Budget	
Trustee Fee	3,500	3,500	3,500	No Change From 2024/2025 Budget	

Legal - Greenberg Traurig (Reimbursed By Landowners)	0	0	0	Legal - Greenberg Traurig (Reimbursed By Landowners)	
Contingency - Repairs & Maintenance	37,150	15,000	25,000	Pump Repairs, Etc.	
Maintenance - Lakes & Canals	27,175	25,000	26,000	$1,000 Increase From 2024/2025 Budget	
Management Fee - Bishop	69,000	69,000	69,000	$5,750.00 Per Month	
Bishop - Insurance	8,751	9,800	9,300	Insurance Estimate	
Electricity	6,037	8,500	8,100	$400 Decrease From 2024/2025 Budget	
Contract Maintenance	27,000	33,000	33,000	$2,750 Per Month	
Security Services	0	2,250	2,250	No Change From 2024/2025 Budget	
Website Management	2,000	2,000	2,000	No Change From 2024/2025 Budget	
					
TOTAL EXPENDITURES	$	307,487	$	318,779	$	329,079		
					
EXCESS/ (SHORTFALL)	$	647,795	$	643,406	$	643,406		
					
Bond Payments	$	(611,493)	$	(604,800)	$	(604,800)	2026 Principal & Interest Payments	
					
BALANCE	$	36,302	$	38,606	$	38,606		
					
County Appraiser & Tax Collector Fee	(3,599)	(12,869)	(12,869)	Two Percent Of Total Assessment Roll	
Discounts For Early Payments	(25,736)	(25,737)	(25,737)	Four Percent Of Total Assessment Roll	
					
NET EXCESS/ (SHORTFALL)	$	6,967	$	-	$	-		

DETAILED PROPOSED DEBT SERVICE BUDGET
BEELINE COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2025/2026
OCTOBER 1, 2025 - SEPTEMBER 30, 2026

REVENUES	FISCAL YEAR 2023/2024 ACTUAL	FISCAL YEAR 2024/2025 BUDGET	FISCAL YEAR 2025/2026 BUDGET	

COMMENTS	

Interest Income	
21,986	
500	
1,500	
Projected Interest For 2025/2026	

Debt Assessments	
611,493	
604,800	
604,800	
Yearly Maximum Debt Assessment	

Total Revenues	
$	633,479	
$	605,300	
$	606,300		

EXPENDITURES					

Principal Payments	
350,000	
365,000	
380,000	
Principal Payment Due On 5-1-2026	

Interest Payments	
258,200	
236,900	
222,600	
Interest Payments Due In 2026	

Bond Redemption	
0	
3,400	
3,700	
Estimated Excess Debt Collections	

Total Expenditures	
$	608,200	
$	605,300	
$	606,300		

Excess/(Shortfall)	
$	25,279	
$	-	
$	-		

Series 2018 Bond Refunding Information

Original Par Amount =	$8,200,000	Annual Principal Payments Due =	May 1st	
Interest Rate =	4.00%	Annual Interest Payments Due =	May 1st & November 1st	
Issue Date =	March 2018			
Maturity Date =

Par Amount As Of 1/1/25 =	May 2037

$6,105,000			

Beeline Community Development District Fiscal Year 2024/2025 Assessments

FY 2025/2026 Beeline Assessments

	Pratt Whitney (RTX)	Congress Ave. Properties	FPL	Total Assessment	
Total O & M Assessment	309,202.63	14,644.02	5,232.36	329,079.00	
Debt Assessment	422,610.00	182,881.00	37,915.00	643,406.00	
Total Assessment	731,812.63	197,525.02	43,147.36	972,485.00	

Notes: Debt Assessments On Tax Roll; O & M Assessment Direct Billed.

O & M Assessment

Percentages (Based On Acreage)			FY 2025/2026 Assessment		
Pratt Whitney (RTX)	93.96%		Pratt Whitney (RTX)	309,202.63	
Congress Ave. Properties	4.45%		Congress Ave. Properties	14,644.02	
FPL	1.59%		FPL	5,232.36	
Total	100.00%		Total	329,079.00	

Debt Assessment

Total FY 2025/2026 Debt Assessment		
Pratt Whitney (RTX)	$422,610.00		
Congress Ave. Properties	$182,881.00		
FPL	$37,915.00		
Total	$643,406.00		

Beeline Community Development District Debt Assessment Recap -
2018 Methodology - Table 1

Table 1 – Assessment Rates

Product	Assessable Acres	Series 2018 Total Maximum Annual Assessment Per Landowner*	Series 2018 Bond Debt Allocation Per Landowner	
RTX Corp. (Pratt Whitney)	901.61	$422,610	$5,420,081	
Congress Ave.
Prop.	42.73	$182,881	$2,305,507	
FPL	15.27	$37,915	$474,412	
Totals	959.61	$643,406	$8,200,000	
* Grossed up to include a 4% discount for early payment of taxes and adjusted to include a 1% collection fee of the County Tax Collector and a 1% service fee of the County Property Appraiser.