Community Development District Proposed Budget FY 2025 Presented by: Tapestry 1-2 3-7 89 10 Assessment Comparison Amortization Schedule Narratives Table of Contents General Fund Debt Service Fund Series 2016 Description AFBdYuo2dp0gt2ee4td Ac2tu/a2l9s/ T2h4ru Pro7j Mecotendt hNsext Pro9je/c3t0ed/2 T4hru PFBrYou 2pd0og2seet5d REVENUES: ISCnpaterecrriyae lFs Ato isrnswceoasrmsdme Seunrtps l-u Osn Roll $$27053,,4355$840 $$17951,,44$553805 $$1711,,39$057485 $$120436$,,381151460 $$28003,,13$255045 TOTAL REVENUES $278,812 $266,943 $83,337 $350,280 $283,529 EXPENDITURES: Administrative IISFLPPPETTAAAAOODDMWnnurronIetrrseniftuafsCefshtiopgsbulgsionennsoebucAaeetipeissureaptnestralrsrrt,e i mgmr Ta inhAegaLsne vSrCtealeenmeeoaui gdetiaimAguc rsny yxc n &tpFve&Mereoiueeia eenp eAeonrn Rrs td DnaGeBgrlensitp ieiiFtosten eeetin Ap biTnelFnnsststirade dvee ieeC&Aatnsmcenierheingghs rsaaSaiegyelnnnur nrLocibgtsielesatoscrbgraiylitipitotyinons $$$$$$$$$$$$$1141122233347012$$$$$$$$,,,,,,,,,,,,,000255556800311345688000000005700200000557000000000400700000035 $$$$$$1123377$$$$$$$,,,,,,1456821122468005562$$$$$$$$0001788000080000000010004557 $$$$$$$21224564$$$$$$$$$,,,,,,,00005711124456660000240$$$$$000015555000002800000000000033 $$$$$$$$$$$$4122233345671$$$$$$$$$,,,,,,,,,,,,001225556883111245688000000001562000055557000000000457000000135 $$$$$$$$$$$$114122233348025$$$$$$$$$,,,,,,,,,,,,002556778000113455688000001678000000004557000000035000000000035 TOTAL ADMINISTRATIVE $98,829 $38,451 $49,085 $87,536 $103,546 Tapestry Community Development District Proposed Budget General Fund Description AFBdYuo2dp0gt2ee4td Ac2tu/a2l9s/ T2h4ru Pro7j Mecotendt hNsext Pro9je/c3t0ed/2 T4hru PFBrYou 2pd0og2seet5d Tapestry Community Development District Proposed Budget General Fund Operations & Maintenance Field Expenditures SSFFLLLCPGMWthriiaaaoeoseieooknndnnhltrdpddregetl mSie ae rsseMMntnl accrwMioglndaataa ecyRppiaa neMnnk tn eeeIaPctein apagnCMelyrgaiseango nMenumaianrtmitrnenasteiannicie tn&nnneengatgctn nstMeeeacnnnaeacicnnyecteenance $$$$$$$$$$$$111234445778002578,,,,,,,,,,,,005568000005000008000000000003000000 $$$$$$$$1111366856,,,,,,,,22357805$03356904$$$8013459080006 $$$$$$$$$$$12344456788128$,,,,,,,,,,,114556790297000135890056000034890267 $$$$$$$$$$$$1111234445770003578,,,,,,,,,,,,005560000055000000000002000000000023 $$$$$$$$$$11112344880015778,,,,,,,,,,06800000050080000000$$003000000000 TOTAL FIELD EXPENDITURES $179,983 $59,616 $123,009 $182,625 $179,983 TOTAL EXPENDITURES $278,812 $98,066 $172,094 $270,160 $283,529 EXCESS REVENUES (EXPENDITURES) $0 $168,876 ($88,757) $80,120 $0 Add: DiscoGurNonsetsst AA&ss sCseeosslsslmmeceetinnottnss $$ 22 101236,,,933835044 Total Gross O&M Net O&M Product Type Units ERU ERU Per Unit Per Unit SSSSTiiiionnnnwggggllllneeeeh----FFFFoaaaaummmmseiiiillllyyyy 44560005'''' 112338000345714796 00111.....01369 111239001778111234 $$$$$122220234802359.....0466705679 $$$$$112220237802589.....2344613457 Tapestry Community Development District GENERAL FUND BUDGET REVENUES: Assessments The District will levy a non-ad valorem assessment on all assessable property within pay for the operating expenditures during the fiscal year. the District in order to EXPENDITURES: Administrative: Supervisor Fees f$Co4hr,a 8tph0te0e rfpi se1cr9a 0yl e,y aFerlao rpr aiisdi dab atSoste aedtau cuthpe osS,nu a p5lel Soruwvpisse ofrrov rifso eorar tcshh ae t Btteiomnaderd idn egmv 4eo mmteboden trto ht lDoy i rsmetrecieecittvi nbegu $ss.2i n0e0s sp aenr dm meeeteitnign,g ns.o Tt hteo aemxcoeuendt FICA Expenditures cRheepcrkess.e nts the Employer’s share of Social Security and Medicare taxes withheld from Board of Supervisors Engineering Te.hge. a Dttiesntrdicatn'sc ee nangidn peerer,p Haraantsioonn ,f oWr amltoenr,t h&l yA bssooacrida tmese,e ptirnogvsi,d reesv igeewne irnavlo eicnegsi,n eetecr.ing services to the District, Attorney SpTurhepepe Darirvsaitstroiiocrnst' safo nlerd gm athle eceo tDiuninsgtssre,i lcp, trK eMuptaaanrkaa Rgtieoorcn.k a LnLdP r, epvrioevwid oefs a ggerneeermale lnetgsa, lr seesrovluicteiosn tso, tehtec .D aiss tdriircetc, tee.gd. abtyt ethned aBnocaer dan odf ATInnhdnee uDpaeilsn Atdruiecdnti tti sC erertqiufiierde dP ubbyl Ficl oArcicdoau Snttaitnugt efisr mto. aTrhrea nDgiest froicrt a hna sin cdoenpterancdteendt wauitdhi tG oraf uit s& f Ainsasnocciiaalt eres.c ords by an TaAdshsmee siDnsmiissettenrritc tAth dehm acison lilcseotcrntaitotrianoc not ef dn own-iathd vGaolovreermnm aesnsetasls mMeanntas goenm aelln at sSseesrsvaicbeles- pCreonptrearlt yF wloirthidina tLhLeC D itsot rilcetv. y and ATSerhrbeii etDrsai 2sgt0er1i c6t Shpaes ccioaln Atrsascetsesdm wenitth R AeMveTnEuCe tBoo anndnsu. ally calculate the District’s Arbitrage Rebate Liability on the 3 Tapestry Community Development District GENERAL rDTehilseas teDemsis itntora iatcidto dinsi trieoqnuail rreedp obryt itnhge rSeeqcuuirrietym aenndts E fxocrh itasn Sgeer CieosFm 2Um0N1iDs6s BiSoUpneD ctGoiaE clT oA msspelsys mwietnht RRuelvee 1n5uce2 B-1o2n(dbs). (5) which TaTtrh uRes etDgeiieso tFnresice Bts ahnaks. issued the Series 2016 Special Assessment Revenue Bonds with fees relating to the Trustee Management Fees lfATiimnhgraeien teecDdmiia seltt onrr,eit c prwteo cirrtotehircn dGegiion,v avgene sarn nnuMmdaa let narnauatgndaelsi mtcMsr,e iaepnntttcai, o.g Ane mcocfeo nubtno Staierndrgv micaeensed-t CinAegndstm,r aainld iFmsltoirnraiitdsitvare,a LtisLveCer. vsTiechreevs i sceaerssv , ipbceausrdt gi neoctfl upadr eeMp baaurnta ataigoreenm ,n eaonltlt Information Technology LRpLreoCpg rfreoasrme tnmhtesi nvDgai srfotiorriu cfsrt acsuoudsct hp o rafos it nveficodtrieomon ac, toaicnocnfeo trueencnthcinningog lso, ogcflytow wuadirt hset, Gotaroabvgleeert nsa mnfoder n smtearelve Metriansn,g aps,go Aesmditoievbneet ,p SMaeyirc virmiocesposle-fCtm eOenfnftirtcaaetl, i Foeltnoc r.a indda Website Maintenance uTmRpheoplenosraieetdo sssere,in rnhtvgosi scattenihsnde ig nm acconalusidndt sdte ao siwmnitiieatnh igpn e tGrhreofenov reDemwrisnaatmnrlsicec, entw’ tsaea swbls seeMisbtseasm nibtaeeagn ccektrsmue, paesstene,c tdeu t Sricnie.t ryav caiccnoedrs d fia–rn eCcweea nwllt rimtahla CiFnhltoaerpnitadenarc, 1eL,8 Lu9Cp, dFaalostsreiosd,c adia oStcteaudtm uwteenistth. Telephone Telephone and fax machine. Postage The District incurs charges for mailing, overnight deliveries, correspondence, etc. Insurance ITnhseu rDaniscter iActl’lsia ngceen e(FraIAl )l i.a FbIiAli tsyp eacniadl izpeusb ilnic p roofvfiicdiainl’gs inlisaubrilaintyc ei ncosvuerarangcee toco gvoevreargnem iesn tparlo avgiednecdi ebs.y the Florida Printing & Binding Penrivnetlionpge sa, nedtc . Binding meeting materials, printing of computerized checks, printing correspondence, Legal Advertising nTehwe sDpiasptreirc to fi sg erneeqruailr ecidr ctuol aatidovne.r tise various notices for monthly Board meetings, public hearings, etc. in a 4 Tapestry Community Development District GENERAL FUND BUDGET Other Bank cChuarrrgeenst aCnhda ragneys o ther miscellaneous expenditures incurred during the year. Office Supplies pAanpye sru cplpiplise, se tthc.a t may need to be purchased during the fiscal year, e.g., paper, minute books, file folders, labels, PRsereropvprieecrestesy.n Atsp par afiesee rc harged by Osceola County Property Appraiser’s office for assessment administration Dues, Licenses & Subscriptions TThhies Disi stthreic ot nisly r eexqpueirneddit utor ep uayn daenr athninsu caalt efegeo rtyo ftohre t Fhleo Driidsatr Dicet.p artment of Economic Opportunity for $175. Operations & Maintenance: FTfooiinwehelselndid te D emMri sipaantnhnrsiaoapcgngtee eechmm tcaioaese nlnnclsstto , anomnft rdeca oeectntmietnrdagai slwcs tw.is t ihfto hGr octovhneert rDnamicstteornirctsat, lsa Muttcaehnn adags Be lmoaanerdndst c mSaepereev tiaicnnegdss - lCaaenkndet rmraealc iFeniltvoeerni daanan,dc Le rL. eCSse ptroov nipcdre ostvo ti odp eri noocpnleusridttyee sTPprhoeepc ieDarlitisyzt erIsnic sitnu’s rp arpnorcvoeip deinrtgy i nisnusruarnacnec ec ocvoevreargaeg teo gwoivlle rbnem penrotavli daegde nbciye sF. lorida Insurance Alliance (FIA). FIA sLTeahrnevd iDscceiasstp treoi c Mct oahmianmst eocnnoan natcrreea acst eodv ewrsitehe nB blayd teh eR Dunisntreircst . C ommercial Landscaping to provide monthly landscape Description Monthly Annual Landscaping Maintenance $4,000 $48,000 Total $48,000 LlRaaennpddrsesccsaaeppneet s mC oeansinttiitnmegnaeatnencdcye ccoosnttsr afcotr. any additional landscape expenditure not covered under the monthly 5 Tapestry Community Development District GENERAL FUND BUDGET Lake Maintenance The District has contracted with Applied Aquatic Management, Inc. to schedule inspections aquatic weeds and algae within CDD lakes. and treatments of Description Monthly Annual LCaokneti Mngaeinncteyn ance - 5 Lakes $705 $8$,446230 Total $8,883 Stormwater Maintenance cTohset sD. istrict will incur costs related to maintaining the storm water systems. The amount is based on estimated Wetland Maintenance bTahsee Dd iostnr iecstt wimilal tiendc ucro sctoss. ts related to maintaining the wetlands located within its boundaries. The amount is Plant Replacement yReeaprr.e sents estimated costs related to the possible replacement of landscaping needed throughout the fiscal General Repairs & Maintenance bRoeupnredsaernietss . estimated costs related to repairs and maintenance across commons areas in the District Midge Management Represents the contracted monthly fee for Midge Management with Clarke Environmental. Description Monthly Annual CMoidngtien gMeanicnyt enance $3,109 $37$,138164 Total $37,500 Fish Stocking Represents estimated costs related to fish stocking the District lakes. Description Quarterly Annual Wetland Maintenance $1,150 $4,600 Total $4,600 6 Tapestry Community Development District GENERAL FUND BUDGET Shoreline Plantings Represents estimated costs related shoreline plantings in the Districts common areas. Contingency Represents unforeseen field expenditures not budgeted for in other line items. 7 Description AFBdYuo2dp0gt2ee4td Ac2tu/a2l9s/ T2h4ru Pro7j Mecotendt hNsext Pro9je/c3t0ed/2 T4hru PFBrYou p2do0gse2et5d REVENUES: ISCnpaterecrriyae lFs Ato Esrswaerasnrsidnm gSesunrtps-luOsn ( R1)oll $$242614,,0404$060 $$$14139108,,,017713436 $$1205,,5806$040 $$$14269104,,,507701403 $$$24116025,,,023037057 TOTAL REVENUES $685,446 $639,923 $36,364 $676,287 $687,612 EXPENDITURES: IIPnnrttineerrceeipssatt l-- - 15 5/1/11 $$$111555445,,,044055066 $154,45$$600 $$115545,,0405$060 $$$111555445,,,044055066 $$$111556011,,,066033000 TOTAL EXPENDITURES $463,913 $154,456 $309,456 $463,913 $463,260 EXCESS REVENUES (EXPENDITURES) $221,533 $485,467 ($273,091.82) $212,375 $224,352 Interest 11/1/25 $148,230 Add: DiscoGurNonestsst AA&ss Csseeosslsslmemceetinnottnss $$$ 44 269934,,,606101707 Total Gross Debt Net Debt Product Type Units ERU ERU Per Unit Per Unit SSSSTiiiionnnnwggggllllneeeeh----FFFFoaaaaummmmseiiiillllyyyy 44560005'''' 112338000345714796 00111.....01369 111239001778111234 $$$$$345560156601369 $$$$$244562237801678 Tapestry Community Development District Proposed Budget Debt Service Series 2016 Special Assessment Revenue Bonds Period OuBtsatlaanndceing Coupons Principal Interest AnSneuravl iDceebt 0000000000000000000000111111111111111111111111111111111111111111115555555555555555555555///////////////////////////////////////////0000000000000000000000000000000000000000000011111111111111111111111111111111111111111111///////////////////////////////////////////2222222222233333333333333333333444444444444400001111222233334444455555566666777788889999 1111222222333333334444444455555555556666,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,0000000011112222333344446666666677888899 44880011223333444444555566777777888899999999558800000000005555555555555555555555555555550000,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,00000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000 44444444444444444444444455555555555555555555............................................00000000000000000000222888888888888888888888000000000000000000000000000000000000000005550000000000000000000000000000000000000000000%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%% 111112222222233333344400011233355566777888990000000000055555555555,,,,,,,,,,,,,,,,,,,,,,000000000000000000000000000000000000000000000000000000000000000000 ---------------------- 1111111111111111111111 1122334455556677889999000011222233333344445500111111222233667788990000113344555555889999,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,00111111222233667788881122223355556666777788002222222255555555777711333333333355999999990000000000555555555555000000000000000000000 144444444444444444444445555555666666666666666600011111123333334999999,,,,,,,,,,,,,,,,,,,,,,,000111112223334567888990000002222234555667788800000000000000000005555.......................0000000000000000000000000000000000000000000000 Total $ 6,185,000 $ 4,118,240 $ 10,303,240 Tapestry Community Development District AMORTIZATION SCHEDULE Debt Service Series 2016 Special Assessment Revenue Bonds Neighborhood UOn&itMs B2Uo0nn1itd6ss FY 2025 FY2024 Increase/ (decrease) FY 2025 FY2024 Increase/ (decrease) FY 2025 FY2024 Increase/ (decrease) SSSSTiiiionnnnwggggllllneeeeh----FFFFoaaaaummmmseiiiillllyyyy 44560005'''' 12338003451479 12338003451479 $$$$$122220234802359.....0466705679 $$$$$122220234802359.....0466705679 $$$$$00000.....0000000000 $$$$$345560056602589.....5667800366 $$$$$345560056602589.....5667800366 $$$$$00000.....0000000000 $$$$$467890335522599.....1144636789 $$$$$467890335522599.....1144636789 $$$$$00000.....0000000000 Total 1076 1076 SSSSTiiiionnnnwggggllllneeeeh----FFFFoaaaaummmmseiiiillllyyyy 44560005'''' 112338000345714796 112338000345714796 $$$$$2246601247,,,,,045661136936679.....2368902499 $$$$$2246601247,,,,,045661136936679.....2368902499 $$$$$00000.....0000000000 $$11$$$3555912469,,,,,345591678902567.....4567922568 $$11$$$5593512469,,,,,345591678902567.....4567922568 $$$$$00000.....0000000000 $$$122$$7802300233,,,,,156991347934567.....0148901468 $$$122$$7802300233,,,,,156991347934567.....0148901468 $$$$$00000.....0000000000 LLGNeereosstsss A::s CDsAsoisesmsscesomsmusimensnsteitonsnts fees 24..0000%% $$2201$$3648,,,,333623553446....00360468 $$2201$$3648,,,,333623553446....00360468 $$$$0000....00000000 $$44$691$4599,,,,278933993778....33363337 $$44$169$4599,,,,278933993778....33363337 $$$$0000....00000000 $$67$$12161488,,,,224525690157....33364589 $$67$$12161488,,,,224525690157....33364589 $$$$0000....00000000 Tapestry Community Development District Non-Ad Valorem Assessments Comparison 2024-2025 Annual Maintenance Assessments Annual Debt Assessments Total Assessed Per Unit