ARBORWOOD COMMUNITY DEVELOPMENT
DISTRICT

LEE COUNTY Regular Board Meeting
& Public Hearing August 19, 2024
9:00 A.M.

Special District Services, Inc.
27499 Riverview Center Boulevard, #253 Bonita Springs, FL 33134

www.arborwoodcdd.org 561.630.4922 Telephone 877.SDS.4922 Toll Free 561.630.4923 Facsimile

AGENDA
ARBORWOOD COMMUNITY DEVELOPMENT DISTRICT
Amenity Center Community Room Somerset at the Plantation 10401 Dartington Drive
Fort Myers, Florida, 33913
REGULAR BOARD MEETING & PUBLIC HEARING
August 19, 2024
9:00 A.M.

Call to Order
Proof of Publication…	Page 1
Establish Quorum
Additions or Deletions to Agenda
Comments from the Public for Items Not on the Agenda
Approval of Minutes
July 15, 2024 Regular Board Meeting…	Page 2
Public Hearing
Proof of Publication…	Page 5
Receive Public Comments on Fiscal Year 2024/2025 Final Budget
Consider Resolution No. 2024-04 – Adopting a Fiscal Year 2024/2025 Final Budget…	Page 6
Consider Resolution No. 2024-05 – Adopting a Fiscal Year 2023/2024 Assessment Roll…	Page 27
Old Business
Status of Pulte Parcel Transfer
Update on Traffic Study
Update on the Dragonfly Repairs
New Business
Consider Resolution No. 2024-06 – Adopting a Fiscal Year 2024/2025 Meeting Schedule…	Page 31
Consider Resolution No. 2024-07 – Adopting Goals and Objectives…	Page 33
Consider Approval of Proposal for Golf Course Erosion Repairs…	Page 36
Administrative Matters
Manager’s Report
Financials…	Page 44
Attorney’s Report
Engineer Report
Field Inspectors Report
Preserves Compliance Updates
Board Members Comments
Adjourn

Publication Date 2024-08-06

Subcategory Miscellaneous Notices

ARBORWOOD COMMUNITY DEVELOPMENT DISTRICT
NOTICE OF PUBLIC HEARING TO CONSIDER THE ADOPTION OF THE FISCAL YEAR 2025 PROPOSED BUDGET(S); AND NOTICE OF REGULAR BOARD OF SUPERVISORS MEETING.
The Board of Supervisors (Board) of the Arborwood Community Development District (District) will hold a public hearing and regular meeting as follows:
DATE: August 19, 2024
TIME: 9:00 a.m.
LOCATION: Amenity Center Community Room, Somerset at the Plantation 10401 Dartington Drive
Fort Myers, Florida, 33913
The purpose of the public hearing is to receive comments and objections on the adoption of the Districts
proposed budget(s) for the fiscal year beginning October 1, 2024, and ending September 30, 2025 (Proposed Budget). A regular Board meeting of the District will also be held at the above time where the Board may
consider any other business that may properly come before it. A copy of the agenda and Proposed Budget may be obtained at the offices of the District Manager, Special District Services, at 27499 Riverview Center Blvd., #253, Bonita Springs, Florida 34134, Ph: 239-444-5790 (District Managers Office), during normal business hours, or by visiting the Districts website at https://arborwoodcdd.org/.
The public hearing and meeting are open to the public and will be conducted in accordance with the
provisions of Florida law. The public hearing and/or meeting may be continued in progress to a date, time
certain, and place to be specified on the record at the public hearing and/or meeting. There may be occasions when Board Supervisors or District Staff may participate by speaker telephone.
Any person requiring special accommodations at the public hearing or meeting because of a disability or physical impairment should contact the District Managers Office at least forty-eight (48) hours prior to the
public hearing and meeting. If you are hearing or speech impaired, please contact the Florida Relay Service by dialing 7-1-1, or 1-800-955-8771 (TTY) / 1-800-955-8770 (Voice), for aid in contacting the District Managers Office.
Each person who decides to appeal any decision made by the Board with respect to any matter considered at the public hearing or meeting is advised that person will need a record of proceedings and that accordingly, the person may need to ensure that a verbatim record of the proceedings is made, including the testimony and evidence upon which such appeal is to be based.
District Manager
ARBORWOOD COMMUNITY DEVELOPMENT DISTRICT
www.arborwoodcdd.org 7/30, 8/6/2410418899

Page 1

ARBORWOOD COMMUNITY DEVELOPMENT DISTRICT REGULAR BOARD MEETING
JULY 15, 2024

CALL TO ORDER

The July 15, 2024, Regular Board Meeting of the Arborwood Community Development District (the “District”) was called to order at 9:01 a.m. in the Amenity Center Community Room of the Somerset at the Plantation located at 10401 Dartington Drive, Fort Myers, Florida 33913.

PROOF OF PUBLICATION

Proof of publication was presented that notice of the Regular Board Meeting had been published in the Fort Myers News-Press on July 8, 2024, as legally required.

ESTABLISH A QUORUM

It was determined that the attendance of the following Supervisors constituted a quorum and it was in order to proceed with the meeting:

Chairman	Jeff Gordish	Present	
Vice Chairperson	Karin Hagen	Present	
Supervisor	Jack Aycock	Present	
Supervisor	Donald Schrotenboer	Present via phone	
Supervisor	Christopher Anderson	Present	

Staff members in attendance were:

District Manager	Michelle Krizen	Special District Services, Inc.	
General Counsel	Wes Haber (via phone)	Kutak Rock, LLC	
District Engineer	Ryan Lorenz	JR Evans Engineering	
Field Inspector	Bohdan Hirniak	Special District Services, Inc.	

Also present was Bethany Brosious of Passarella & Associates.

ADDITIONS OR DELETIONS TO THE AGENDA
There was a consensus of the Board to add Flow Way Drainage and Golf Course Ponds under New Business.
COMMENTS FROM THE PUBLIC FOR ITEMS NOT ON THE AGENDA
There were no comments from the public for items not on the agenda.
APPROVAL OF MINUTES
1. June 17, 2024, Regular Board Meeting
The June 17, 2024, Regular Board Meeting minutes were presented for consideration.
Page 1 of 3

A MOTION was made by Mr. Gordish, seconded by Ms. Hagen and passed unanimously approving the June 17, 2024, Regular Board Meeting minutes, as presented.

OLD BUSINESS
Discussion Regarding Sewer Viewer for Drainage Pipe Inspection

There was no update at this time.

Status of Dragonfly Bank Repairs

Mr. Lorenz presented a quote from Dragonfly in the amount of $9,087 to repair the repairs that washed out during the rain.

A MOTION was made by Mr. Gordish, seconded by Mr. Aycock and passed unanimously authorizing District staff to coordinate and execute a contract or amendment with Dragonfly in the amount of $9,087 to complete the repairs.

Status of Pulte Parcel Transfer and Conditions for Acceptance

Mr. Haber advised that five lakes had deeds ready for conveyance. A photo ID is needed from the entity accepting the parcels. Mr. Gordish will send his ID to Mr. Haber for parcel acceptance for the District.

Parcel CCCCCC was a property appraiser mistake and should already be updated.
The CDD has declined acceptance of the long thin parcel and Pulte is looking at other possible entities.

NEW BUSINESS

The flow way is congested and has torpedo grass. Solitude has treated but due to the rainy season the water level is high and will require another treatment once the water recedes. Ryan Lorenz will visit the flow way and provide feedback at the next meeting.

Mr. Gordish met with Mike Fasey from the golf course. The golf course often takes care of the repairs themselves. There is an area with erosion that will possibly require a catch basin. Mr. Lorenz will inspect and have a proposal at the next meeting.

ADMINISTRATIVE MATTERS
Manager’s Report

Financials

The financials were shared with the Board. There were no questions.

It was noted that the next meeting was scheduled for August 19, 2024, and would include the public hearing on the budget.

Attorney’s Report
Page 2 of 3

Mr. Haber had nothing further to report but was available for questions. The Board had no questions at this time.

Engineer’s Report

Mr. Lorenz advised that he had been communicating with the City regarding the traffic monitoring report. An update will be provided at the next meeting.

Field Inspector’s Report

Mr. Hirniak advised that the stormwater system was working as intended. The year=to-date rain is currently at 41-inches. Typical for this time of year is 26-inches.

Preserves Compliance Report

Woods and Wetlands reported that the treatments had been completed. Passarella will inspect and follow-up if required.

The panther parcel treatment has been completed and will be checked.

BOARD MEMBER COMMENTS
There were no further comments from the Board Members.
ADJOURNMENT

There being no further business to come before the Board, a MOTION was made by Mr. Gordish, seconded by Mr. Aycock and passed unanimously adjourning the Regular Board Meeting at 953 a.m.

Secretary/Assistant Secretary	Chair/Vice-Chair

Page 3 of 3

Publication Date 2024-08-06

Subcategory Miscellaneous Notices

ARBORWOOD COMMUNITY DEVELOPMENT DISTRICT
NOTICE OF PUBLIC HEARING TO CONSIDER THE ADOPTION OF THE FISCAL YEAR 2025 PROPOSED BUDGET(S); AND NOTICE OF REGULAR BOARD OF SUPERVISORS MEETING.
The Board of Supervisors (Board) of the Arborwood Community Development District (District) will hold a public hearing and regular meeting as follows:
DATE: August 19, 2024
TIME: 9:00 a.m.
LOCATION: Amenity Center Community Room, Somerset at the Plantation 10401 Dartington Drive
Fort Myers, Florida, 33913
The purpose of the public hearing is to receive comments and objections on the adoption of the Districts
proposed budget(s) for the fiscal year beginning October 1, 2024, and ending September 30, 2025 (Proposed Budget). A regular Board meeting of the District will also be held at the above time where the Board may
consider any other business that may properly come before it. A copy of the agenda and Proposed Budget may be obtained at the offices of the District Manager, Special District Services, at 27499 Riverview Center Blvd., #253, Bonita Springs, Florida 34134, Ph: 239-444-5790 (District Managers Office), during normal business hours, or by visiting the Districts website at https://arborwoodcdd.org/.
The public hearing and meeting are open to the public and will be conducted in accordance with the
provisions of Florida law. The public hearing and/or meeting may be continued in progress to a date, time
certain, and place to be specified on the record at the public hearing and/or meeting. There may be occasions when Board Supervisors or District Staff may participate by speaker telephone.
Any person requiring special accommodations at the public hearing or meeting because of a disability or physical impairment should contact the District Managers Office at least forty-eight (48) hours prior to the
public hearing and meeting. If you are hearing or speech impaired, please contact the Florida Relay Service by dialing 7-1-1, or 1-800-955-8771 (TTY) / 1-800-955-8770 (Voice), for aid in contacting the District Managers Office.
Each person who decides to appeal any decision made by the Board with respect to any matter considered at the public hearing or meeting is advised that person will need a record of proceedings and that accordingly, the person may need to ensure that a verbatim record of the proceedings is made, including the testimony and evidence upon which such appeal is to be based.
District Manager
ARBORWOOD COMMUNITY DEVELOPMENT DISTRICT
www.arborwoodcdd.org 7/30, 8/6/2410418899

RESOLUTION 2024-04
[FY 2025 APPROPRIATION RESOLUTION]

THE ANNUAL APPROPRIATION RESOLUTION OF THE ARBORWOOD COMMUNITY DEVELOPMENT DISTRICT (“DISTRICT”) RELATING TO THE ANNUAL APPROPRIATIONS AND ADOPTING THE BUDGET(S) FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2024, AND ENDING SEPTEMBER 30, 2025; AUTHORIZING BUDGET AMENDMENTS; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, for the fiscal year beginning October 1, 2024, and ending September 30, 2025 (“FY 2025”), the District Manager prepared and submitted to the Board of Supervisors (“Board”) of the Arborwood Community Development District (“District”) prior to June 15, 2024, proposed budget(s) (“Proposed Budget”) along with an explanatory and complete financial plan for each fund of the District, pursuant to the provisions of Section 190.008(2)(a), Florida Statutes; and

WHEREAS, at least sixty (60) days prior to the adoption of the Proposed Budget, the District filed a copy of the Proposed Budget with the local general-purpose government(s) having jurisdiction over the area included in the District pursuant to the provisions of Section 190.008(2)(b), Florida Statutes; and

WHEREAS, the Board set a public hearing on the Proposed Budget and caused notice of such public hearing to be given by publication pursuant to Section 190.008(2)(a), Florida Statutes; and
WHEREAS, the District Manager posted the Proposed Budget on the District’s website in accordance with Section 189.016, Florida Statutes; and

WHEREAS, Section 190.008(2)(a), Florida Statutes, requires that, prior to October 1st of each year, the Board, by passage of the Annual Appropriation Resolution, shall adopt a budget for the ensuing fiscal year and appropriate such sums of money as the Board deems necessary to defray all expenditures of the District during the ensuing fiscal year.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE ARBORWOOD COMMUNITY DEVELOPMENT DISTRICT:
SECTION 1.   BUDGET

The Proposed Budget, attached hereto as Exhibit A, as amended by the Board, is hereby adopted in accordance with the provisions of Section 190.008(2)(a), Florida Statutes (“Adopted Budget”), and incorporated herein by reference; provided, however, that the comparative figures contained in the Adopted Budget may be subsequently revised as deemed necessary by the District Manager to reflect actual revenues and expenditures.
The Adopted Budget, as amended, shall be maintained in the office of the District Manager and at the District’s Local Records Office and identified as “The Budget for the Arborwood Community Development District for the Fiscal Year Ending September 30, 2025.”

The Adopted Budget shall be posted by the District Manager on the District’s official website in accordance with Section 189.016, Florida Statutes and shall remain on the website for at least two (2) years.

SECTION 2.	APPROPRIATIONS

There is hereby appropriated out of the revenues of the District, for FY 2025, the sum(s) set forth in Exhibit A to be raised by the levy of assessments and/or otherwise, which sum is deemed by the Board to be necessary to defray all expenditures of the District during said budget year, to be divided and appropriated as set forth in Exhibit A.

SECTION 3.	BUDGET AMENDMENTS
Pursuant to Section 189.016, Florida Statutes, the District at any time within FY 2025 or within 60 days following the end of the FY 2025 may amend its Adopted Budget for that fiscal year as follows:

A line-item appropriation for expenditures within a fund may be decreased or increased by motion of the Board recorded in the minutes, and approving the expenditure, if the total appropriations of the fund do not increase.

The District Manager or Treasurer may approve an expenditure that would increase or decrease a line-item appropriation for expenditures within a fund if the total appropriations of the fund do not increase and if either (i) the aggregate change in the original appropriation item does not exceed the greater of $15,000 or 15% of the original appropriation, or (ii) such expenditure is authorized by separate disbursement or spending resolution.
Any other budget amendments shall be adopted by resolution and consistent with Florida law. The District Manager or Treasurer must ensure that any amendments to the budget under this paragraph c. are posted on the District’s website in accordance with Section 189.016, Florida Statutes, and remain on the website for at least two (2) years.

SECTION 4.	EFFECTIVE DATE. This Resolution shall take effect immediately upon adoption.
PASSED AND ADOPTED THIS 19th DAY OF AUGUST, 2024.
ATTEST:	ARBORWOOD COMMUNITY DEVELOPMENT DISTRICT

Secretary / Assistant Secretary	Chair/Vice Chair, Board of Supervisors
Exhibit A:	FY 2025 Budget

Arborwood Community Development District

Final Budget Fiscal Year 2024/2025
October 1, 2024 - September 30, 2025

CONTENTS
1 - 3	REVENUE AND EXPENSE DESCRIPTIONS

FINAL TOTAL BUDGET

FINAL TOTAL BUDGET DETAIL

BUDGET COMPARISON

FINAL GENERAL FUND BUDGET

FINAL DEBT SERVICE FUND BUDGET - 2014 BOND

FINAL DEBT SERVICE FUND BUDGET - 2018 BOND

ASSESSMENTS RECAP - PARCEL A - MARINA BAY & BOTANICA LAKES

ASSESSMENTS RECAP - PARCELS B & D/E - BRIDGETOWN & SOMERSET

ASSESSMENTS RECAP - LENNAR PARCELS

ASSESSMENTS RECAP - OTHER PARCELS

GENERAL FUND METHODOLOGY

2014 BOND METHODOLOGY

2018 BOND METHODOLOGY

ON ROLL ASSESSMENT COMPARISON

ARBORWOOD COMMUNITY DEVELOPMENT DISTRICT
Budget Revenue & Expense Descriptions

REVENUES

1	GENERAL FUND ON ROLL ASSESSMENTS
All assessments placed on the tax roll for Operations & Maintenance.

2	GENERAL FUND DIRECT BILL ASSESSMENTS
Individual parcels not placed on the tax roll are billed directly by mail for Operations & Maintenance Assessments.

3	DEBT ON ROLL ASSESSMENTS
Debt Assessments collected via the property tax roll for Bond Debt

4	DEBT DIRECT BILL ASSESSMENTS
Individual parcels not placed on the tax roll are billed directly by mail for Debt Assessments.

5	DEBT PREPAYMENTS / MISCELLANEOUS PAYMENTS
Debt Assessments used to pay down Bond debt before the required payments by individuals or the District as a whole.

6	GENERAL FUND INTEREST INCOME
Any interest earned on the general fund balance and any item that does not fall into the other income categories is recorded in th

7	GENERAL FUND OTHER REVENUES
This is usually carry over funds from a prior year.

EXPENDITURES

8	PAYROLL TAX EXPENSE
For taxes associated with the payroll to supervisors.

9	SUPERVISOR FEES
Fees paid to supervisors for their service to the District.

10	ENGINEERING
State statute requires the District to have an engineer and pay for his or her services.

11	MANAGEMENT
State statute requires the District to have a manager and pay for his or her services.

12	LEGAL
State statute requires the District to have an attorney and pay for his or her services.

13	ASSESSMENT ROLL
The cost to prepare the assessment roll and submit it to the county tax collector.

14	ANNUAL AUDIT
State statue requires the District to have financial statements audited yearly.

15	ARBITRAGE REBATE FEE
This is a bond requirement related to the tax exempt status of the bonds.

16	INSURANCE
The District has a liability insurance policy that protects the supervisors and staff acting on the district's behalf.

ARBORWOOD COMMUNITY DEVELOPMENT DISTRICT
Budget Revenue & Expense Descriptions

17	LEGAL ADVERTISING
State statute requires the District to advertise meetings in advance.

18	MISCELLANEOUS
Any item that does not fit into a category already established.

1

19	POSTAGE
Any packages/letters sent on behalf of the district. Proposals, certified mail, etc. are charged to this category.

20	OFFICE SUPPLIES
This is mainly paper and ink cost related to any printed documents for the district.

21	DUES & SUBSCRIPTIONS
An annual due is required to pay to the state.

22	TRUSTEE FEES
Fees paid to the Bank Trustee responsible for the Bond bank accounts.

23	CONTINUING DISCLOSURE FEE
These are reports we have to file with the SEC related to any bonds.

24	AMORTIZATION SCHEDULES
This is the fee we are charged by either a trustee or financial advisor if we have to reamortize the bonds due to a prepayment.

25	WEBSITE
State statute requires the District to have a public website. This is the cost to run and host the website.

26	PROFESSIONAL FEE & PERMITS
Permit, survey, etc., cost related to maintenance or construction.

27	TREELINE PRESEVE MAINT - EXOTICS
Removal of exotics annually

28	DRI TRAFFIC MONITORING
Bi-annual monitoring of traffic counts to verify actual traffic does not exceed design capacity

29	ENVIROMENTAL CONSULTING - PASSARELLA
Ecological consultant and management of preserve maintenance

30	PANTHER MITIGATION MAINT - EXOTICS
Panther mitigation is an offsite parcel that is required to have the exotics removed on an annual basis as consistent with the ACOE Permit

31	STREET LIGHTING - UTILITY & MAINT
Maintenance on district owned streetlights

32	CAPITAL OUTLAY - SMALL
Small, miscellaneous construction related to district improvements.

33	COUNTY APPRAISER & TAX COLLECTOR FEE
Fees charged to the District by the County Appraiser and Tax Collector for collecting the District's NAV Assessments.

ARBORWOOD COMMUNITY DEVELOPMENT DISTRICT
Budget Revenue & Expense Descriptions

34	FLOWWAY MAINT
Removal of plant material of east/west ditch on an annual basis to improve conveyance

35	MISCELLANEOUS MAINTENANCE
Any District wide maintenance that does not fit into any of the other maintenance categories.

36	MITIGATION MONITORING - (PARCEL C ONLY)
Inspection of the preserve located in Parcel C

37	PRESERVE MAINT - (PARCEL C ONLY)
Removal of exotics in Parcel C preserves

38	LAKE MAINT - AQUATIC CONTROL MAINT- (SOMERSET ONLY)
Maintenance of aquatic vegetation in Somerset lakes

2
39	LAKE MAINT - EROSION MAINT- (SOMERSET ONLY)
Maintenance of lake banks from erosion in Somerset lakes

40	PRESERVE MAINT - (SOMERSET ONLY)
Removal of exotics annually in the preserve in Somerset

41	FIELD INSPECTOR - (SOMERSET ONLY)
Staff person for public relations and coordination of maintenance

42	STORMWATER DRAINS INS & MAINT - (SOMERSET ONLY)
Inspection and maintenance of the stormwater drainage pipes in Somerset

43	LAKE BANK INSPECTION - (SOMERSET ONLY)
Inspection of Lake Banks in Somerset Only

44	LAKE BANK INSPECTION - (BRIDGETOWN ONLY)
Inspection of Lake Banks in Bridgetown only.

45	STORMWATER DRAINS INS & MAINT - (BRIDGETOWN ONLY)
Inspection of the stormwater drainage pipes in Bridgetown and submitting report to Bridgetown HOA

46	DEBT PAYMENT (2014)
Total Interest and Principal Payment for the year for all the Parcel C Series 2014 Bonds

47	DEBT PAYMENT (2018)
Total Interest and Principal Payment for the year for all parcels except C for the Series 2018 Bonds

48	MISCELLANEOUS DEBT EXPENSE
Any debt expense other that the regularly scheduled principal and interest payments

49	DISCOUNTS FOR EARLY PAYMENTS
4% buffer to cover for all residents you pay early and receive a discount off their property tax bill, which can be up to 4%

3

FINAL BUDGET
ARBORWOOD COMMUNITY DEVELOPMENT DISTRICT TOTAL
FISCAL YEAR 2024/2025
October 1, 2024 - September 30, 2025

REVENUES			TOTAL		
GENERAL FUND ON ROLL ASSESSMENT				527,357	
GENERAL FUND DIRECT BILL ASSESSMENT - LENNAR				0	
DEBT ON ROLL ASSESSMENT				3,252,345	
DEBT DIRECT BILL ASSESSMENT - LENNAR				0	
OTHER INCOME / CARRYOVER BALANCE				15,000	
Total Revenues		$		3,794,702	

EXPENDITURES					
PAYROLL TAX EXPENSE				880	
SUPERVISOR FEES				11,000	
ENGINEERING				50,000	
MANAGEMENT				40,908	
LEGAL				20,000	
ASSESSMENT ROLL				5,000	
ANNUAL AUDIT				5,350	
ARBITRAGE REBATE FEE				1,000	
INSURANCE				13,000	
LEGAL ADVERTISING				5,250	
MISCELLANEOUS				3,300	
POSTAGE				1,150	
OFFICE SUPPLIES				2,300	
DUES & SUBSCRIPTIONS				175	
TRUSTEE FEES				27,500	
CONTINUING DISCLOSURE FEE				3,000	
AMORTIZATION SCHEDULES				500	
WEBSITE				2,000	
PROFESSIONAL FEE & PERMITS				1,250	
TREELINE PRESEVE MAINT - EXOTICS				6,000	
DRI TRAFFIC MONITORING				5,000	
ENVIROMENTAL CONSULTING - PASSARELLA				22,000	
PANTHER MITIGATION MAINT - EXOTICS				80,000	
STREET LIGHTING - UTILITY & MAINT				0	
CAPITAL OUTLAY - SMALL				1,000	
COUNTY APPRAISER & TAX COLLECTOR FEE				10,000	
FLOWWAY MAINT				4,600	
MITIGATION MONITORING - (PARCEL C ONLY)				0	
PRESERVE MAINT - (PARCEL C ONLY)				7,000	
LAKE MAINT - (SOMERSET ONLY)				46,100	
LAKE BANK EROSION MAINT - (SOMERSET ONLY)				45,000	
PRESERVE MAINT - (SOMERSET ONLY)				35,000	
INSPECTOR - (SOMERSET ONLY)				25,500	
STORMWATER DRAINS INS & MAINT - (SOMERSET ONLY)				20,000	
LAKE BANK INSPECTION - (SOMERSET ONLY)				7,500	
LAKE BANK INSPECTION - (BRIDGETOWN ONLY)				6,500	
STORMWATER DRAINS INS - (BRIDGETOWN ONLY)				6,500	
Total Expenditures		$		521,263	
					
EXCESS / (SHORTFALL)		$		3,273,439	

DEBT PAYMENTS (2014)				
(594,025)	
DEBT PAYMENTS (2018)				(2,528,226)	
MISCELLANEOUS DEBT EXPENSE				0	
BALANCE		$		151,188	

DISCOUNTS FOR EARLY PAYMENTS				
(151,188)	
NET EXCESS / (SHORTFALL)		$		-	

FINAL BUDGET
ARBORWOOD COMMUNITY DEVELOPMENT DISTRICT DETAILED TOTAL
FISCAL YEAR 2024/2025
October 1, 2024 - September 30, 2025

GENERAL FUND

DEBT - SERIES 2014

DEBT - SERIES 2018

	A-1 & A-2	B			A-1 & A-2		TOTAL	
REVENUES											
GENERAL FUND ON ROLL ASSESSMENT		527,357		0		0		0		527,357	
GENERAL FUND DIRECT BILL ASSESSMENT - H-2 - last time		0		0		0		0		0	
DEBT ON ROLL ASSESSMENT		0		618,776		0		2,633,569		3,252,345	
DEBT DIRECT BILL ASSESSMENT		0		0		0		0		0	
OTHER INCOME / CARRYOVER BALANCE		15,000		0		0		0		15,000	
Total Revenues		$	542,357		$ 618,776	$	-			$	2,633,569		$  3,794,702	

EXPENDITURES											
PAYROLL TAX EXPENSE		880		0		0		0		880	
SUPERVISOR FEES		11,000		0		0		0		11,000	
ENGINEERING		50,000		0		0		0		50,000	
MANAGEMENT		40,908		0		0		0		40,908	
LEGAL		20,000		0		0		0		20,000	
ASSESSMENT ROLL		5,000		0		0		0		5,000	
ANNUAL AUDIT		5,350		0		0		0		5,350	
ARBITRAGE REBATE FEE		1,000		0		0		0		1,000	
INSURANCE		13,000		0		0		0		13,000	
LEGAL ADVERTISING		5,250		0		0		0		5,250	
MISCELLANEOUS		3,300		0		0		0		3,300	
POSTAGE		1,150		0		0		0		1,150	
OFFICE SUPPLIES		2,300		0		0		0		2,300	
DUES & SUBSCRIPTIONS		175		0		0		0		175	
TRUSTEE FEES		27,500		0		0		0		27,500	
CONTINUING DISCLOSURE FEE		3,000		0		0		0		3,000	
AMORTIZATION SCHEDULES		500		0		0		0		500	
WEBSITE		2,000		0		0		0		2,000	
PROFESSIONAL FEE & PERMITS		1,250		0		0		0		1,250	
TREELINE PRESEVE MAINT - EXOTICS		6,000		0		0		0		6,000	
DRI TRAFFIC MONITORING		5,000		0		0		0		5,000	
ENVIROMENTAL CONSULTING - PASSARELLA		22,000		0		0		0		22,000	
PANTHER MITIGATION MAINT - EXOTICS		80,000		0		0		0		80,000	
STREET LIGHTING - UTILITY & MAINT		0		0		0		0		0	
CAPITAL OUTLAY - SMALL		1,000		0		0		0		1,000	
COUNTY APPRAISER & TAX COLLECTOR FEE		10,000		0		0		0		10,000	
FLOWWAY MAINT		4,600		0		0		0		4,600	
MITIGATION MONITORING - (PARCEL C ONLY)		0		0		0		0		0	
PRESERVE MAINT - (PARCEL C ONLY)		7,000		0		0		0		7,000	
LAKE MAINT - (SOMERSET ONLY)		46,100		0		0		0		46,100	
LAKE BANK EROSION MAINT - (SOMERSET ONLY)		45,000		0		0		0		45,000	
PRESERVE MAINT - (SOMERSET ONLY)		35,000		0		0		0		35,000	
INSPECTOR - (SOMERSET ONLY)		25,500		0		0		0		25,500	
STORMWATER DRAINS INS & MAINT - (SOMERSET ONLY)		20,000		0		0		0		20,000	
LAKE BANK INSPECTION - (SOMERSET ONLY)		7,500								7,500	
LAKE BANK INSPECTION - (BRIDGETOWN ONLY)		6,500								6,500	
STORMWATER DRAINS INS - (BRIDGETOWN ONLY)		6,500		0	0 	0 	6,500	
Total Expenditures	$	521,263	$	-	$	-	$	-	$	521,263	

EXCESS / (SHORTFALL)		$	21,094		$ 618,776	$	-		$	2,633,569		$  3,273,439	

DEBT PAYMENTS (2014)		
0		
(594,025)	
0		
0		
(594,025)	
DEBT PAYMENTS (2018)		0		0	0		(2,528,226)		(2,528,226)	
MISCELLANEOUS DEBT EXPENSE		0		0	0		0		0	
BALANCE		$	21,094		$  24,751	$	-		$	105,343		$	151,188	

DISCOUNTS FOR EARLY PAYMENTS		
(21,094)		
(24,751)	
-		
(105,343)		
(151,188)	
NET EXCESS / (SHORTFALL)		$	-		$	-	$			$	-		$	-	

-

		FISCAL YEAR 2022/2023 ACTUAL *		FISCAL YEAR 2023/2024 ANNUAL BUDGET		FISCAL YEAR 2024/2025 ANNUAL BUDGET		

LARGE VARIANCE EXPLANATION	
									
REVENUES									

GENERAL FUND ON ROLL ASSESSMENT		
514,719		
538,773		
527,357		More platted lots on roll and assessment raised because carryover has been depleted	
GENERAL FUND DIRECT BILL ASSESSMENT - LENNAR		0		0		0		More lots on roll - results in less direct billed	
DEBT ON ROLL ASSESSMENT		3,240,349		3,252,284		3,252,345		More lots on roll - results in less direct billed	
DEBT DIRECT BILL ASSESSMENT - LENNAR		0		0		0		More lots on roll - results in less direct billed	
DEBT PREPAYMENTS / MISCELLANEOUS PAYMENTS		0		0		0			
GENERAL FUND INTEREST INCOME/MISC INCOME		0		0		0			

GENERAL FUND OTHER REVENUES/CARRYOVER BALANCE		74,566		18,000		15,000		Carryover Funds Being Used To Reduce
Assessments	
									
Total Revenues		$  3,829,634		$	3,809,057		$	3,794,702			
EXPENDITURES									
PAYROLL TAX EXPENSE		643		880		880			
SUPERVISOR FEES		8,400		11,000		11,000			
ENGINEERING		42,371		50,000		50,000			
MANAGEMENT		38,568		39,720		40,908		Annual CPI increase in contract (capped at 3%)	
LEGAL		10,811		22,000		20,000		23/24 Expenditure Through -an 24 Was 3,923	
ASSESSMENT ROLL		5,000		5,000		5,000			
ANNUAL AUDIT		5,350		5,350		5,350		Estimated Amount For 2023/2024 Audit	
ARBITRAGE REBATE FEE		1,000		2,000		1,000			
INSURANCE		10,839		12,000		13,000		23/24 Expenditure Was 12,466	
LEGAL ADVERTISING		3,461		5,500		5,250			
MISCELLANEOUS		2,504		3,300		3,300			
POSTAGE		2,726		1,150		1,150			
OFFICE SUPPLIES		3,801		2,300		2,300			
DUES & SUBSCRIPTIONS		175		175		175			
TRUSTEE FEES		19,246		30,000		27,500			
CONTINUING DISCLOSURE FEE		3,000		4,000		3,000			
AMORTIZATION SCHEDULES		300		500		500			
WEBSITE		2,000		2,000		2,000			
PROFESSIONAL FEE & PERMITS		0		1,250		1,250			
TREELINE PRESEVE MAINT - EXOTICS		4,500		6,000		6,000			
DRI TRAFFIC MONITORING		0		10,000		5,000		Expenditure Occurs Every Two Years	
ENVIROMENTAL CONSULTING - PASSARELLA		19,970		22,000		22,000			
PANTHER MITIGATION MAINT - EXOTICS		80,000		80,000		80,000			
STREET LIGHTING - UTILITY & MAINT		6,575		10,000		0			
CAPITAL OUTLAY - SMALL		0		1,000		1,000			
COUNTY APPRAISER & TAX COLLECTOR FEE		10,070		10,000		10,000			
FLOWWAY MAINT		0		4,600		4,600			
MISCELLANEOUS MAINTENANCE		13,916		0		0			
									
MITIGATION MONITORING - (PARCEL C ONLY)		0		0		0			
PRESERVE MAINT - (PARCEL C ONLY)		10,800		7,000		7,000		Under 10,000 last 2 years	
									
LAKE MAINT - AQAUTIC CONTROL - (SOMERSET ONLY)		46,068		46,100		46,100			
LAKE BANK EROSION MAINT - (SOMERSET ONLY)		50,100		45,000		45,000			
PRESERVE MAINT - (SOMERSET ONLY)		35,000		35,000		35,000			
FIELD INSPECTOR - (SOMERSET ONLY)		25,136		25,500		25,500			
STORMWATER DRAINS INS & MAINT - (SOMERSET ONLY)		0		20,000		20,000			
LAKE BANK INSPECTION - (SOMERSET ONLY)		0		6,500		7,500		New Line Item	
									
LAKE BANK INSPECTION - (BRIDGETOWN ONLY)		0		6,500		6,500		New Line Item	
STORMWATER DRAINS INS - (BRIDGETOWN ONLY)		0		2,500		6,500			
									
Total Expenditures		462,330		535,825		521,263			
									
EXCESS / (SHORTFALL)		$ 3,367,304		$	3,273,232		$	3,273,439			
									
DEBT PAYMENTS (2014)		(579,032)		(593,966)		(594,025)			
DEBT PAYMENTS (2018)		(2,528,723)		(2,528,226)		(2,528,226)			
MISCELLANEOUS DEBT EXPENSE		0		-		-			
									
BALANCE		$	259,549		$	151,040		$	151,188			

DISCOUNTS FOR EARLY PAYMENTS		(143,131)		(151,642)		(151,188)		Higher assessments on roll results in higher
discount potential	
									
NET EXCESS / (SHORTFALL)		$	116,418		$	(602)		$	-			

BUDGET COMPARISON
ARBORWOOD COMMUNITY DEVELOPMENT DISTRICT

1
2
3
4
5
6

7

8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35

36
37

38
39
40
41
42
43

44
45

46
47
48

49

* Un-audited figures

FINAL BUDGET
ARBORWOOD COMMUNITY DEVELOPMENT DISTRICT GENERAL FUND
FISCAL YEAR 2024/2025
October 1, 2024 - September 30, 2025

	FISCAL YEAR		FISCAL YEAR	
	2023/2024		2024/2025	
	ANNUAL BUDGET		ANNUAL BUDGET	
REVENUES					
ON ROLL ASSESSMENTS		538,773		527,357	
DIRECT BILL ASSESSMENTS - WCI		0		0	
INTEREST INCOME		0		0	
OTHER INCOME / CARRYOVER BALANCE		18,000		15,000	
 Total Revenues			 $	556,773 		 $	542,357 	
EXPENDITURES					
PAYROLL TAX EXPENSE		880		880	
SUPERVISOR FEES		11,000		11,000	
ENGINEERING		50,000		50,000	
MANAGEMENT		39,720		40,908	
LEGAL		22,000		20,000	
ASSESSMENT ROLL		5,000		5,000	
ANNUAL AUDIT		5,350		5,350	
ARBITRAGE REBATE FEE		2,000		1,000	
INSURANCE		12,000		13,000	
LEGAL ADVERTISING		5,500		5,250	
MISCELLANEOUS		3,300		3,300	
POSTAGE		1,150		1,150	
OFFICE SUPPLIES		2,300		2,300	
DUES & SUBSCRIPTIONS		175		175	
TRUSTEE FEES		30,000		27,500	
CONTINUING DISCLOSURE FEE		4,000		3,000	
AMORTIZATION SCHEDULES		500		500	
WEBSITE		2,000		2,000	
PROFESSIONAL FEE & PERMITS		1,250		1,250	
TREELINE PRESEVE MAINT - EXOTICS		6,000		6,000	
DRI TRAFFIC MONITORING		10,000		5,000	
ENVIROMENTAL CONSULTING - PASSARELLA		22,000		22,000	
PANTHER MITIGATION MAINT - EXOTICS		80,000		80,000	
STREET LIGHTING - UTILITY & MAINT		10,000		0	
CAPITAL OUTLAY - SMALL		1,000		1,000	
COUNTY APPRAISER & TAX COLLECTOR FEE		10,000		10,000	
FLOWWAY MAINT		4,600		4,600	
MITIGATION MONITORING - (PARCEL C ONLY)		0		0	
PRESERVE MAINT - (PARCEL C ONLY)		7,000		7,000	
LAKE MAINT - AQAUTIC CONTROL - (SOMERSET ONLY)		46,100		46,100	
LAKE BANK EROSION MAINT - (SOMERSET ONLY)		45,000		45,000	
PRESERVE MAINT - (SOMERSET ONLY)		35,000		35,000	
FIELD INSPECTOR - (SOMERSET ONLY)		25,500		25,500	
STORMWATER DRAINS INS & MAINT - (SOMERSET ONLY)		20,000		20,000	
LAKE BANK INSPECTION - (SOMERSET ONLY)		6,500		7,500	
LAKE BANK INSPECTION - (BRIDGETOWN ONLY)		6,500		6,500	
STORMWATER DRAINS INS - (BRIDGETOWN ONLY)		2,500		6,500	
Total Expenditures		$	535,825		$	521,263	
					
EXCESS / (SHORTFALL)		$	20,948		$	21,094	

DISCOUNTS FOR EARLY PAYMENTS		(21,551)		(21,094)	
NET EXCESS / (SHORTFALL)		$	(603)		$	-	

Approximate Fund Balance as of 9-30-2024 = 420,000.00					

FINAL BUDGET
ARBORWOOD COMMUNITY DEVELOPMENT DISTRICT 2014 DEBT SERVICE FUND
FISCAL YEAR 2024/2025
October 1, 2024 - September 30, 2025

	2014A-1			2014A-2	
FISCAL YEAR	FISCAL YEAR
2024/2025	2024/2025
ANNUAL BUDGET	 ANNUAL BUDGET 

REVENUES	 REVENUES	

Net On Roll Assessments	489,445	 Net On Roll Assessments			104,580 Direct Bill Assessments - WCI		0	 Direct Bill Assessments - WCI				0

Total Revenues

$	489,445

 Total Revenues	

 $	104,580

EXPENDITURES	 EXPENDITURES	

Principal Payments	220,000	Principal Payments	50,000
Interest Payments	269,445	 Interest Payments			54,580 Miscellaneous		0	 Miscellaneous				0

Total Expenditures

$	489,445

Total Expenditures

$	104,580

		

Excess / (Shortfall)

$	-	 Excess / (Shortfall)	

 $	-

*Note: Excess goes to increase bond fund balance

	Series 2014 A-1 Bond Information			Series 2014 A-2 Bond Information	
Initial Par Amount =	$4,939,888	Initial Par Amount =	$1,041,652
Maturity Par Amount =	$5,430,000	Maturity Par Amount =	$1,145,000
Interest Rate =	6.90%	Interest Rate =	6.90%
Issue Date =	Dec 2014	Issue Date =	Dec 2014
Maturity Date =	May 2036	Maturity Date =	May 2036
Annual Principal Payments Due =	May 1st	Annual Principal Payments Due =	Nov 1st
Annual Interest Payments Due =	May 1st & Nov 1st	Annual Interest Payments Due =	May 1st & Nov 1st
Par Amount As Of 1/1/24 =	$4,220,000	Par Amount As Of 1/1/24 =	$890,000

	2014 B	
FISCAL YEAR 2024/2025 ANNUAL BUDGET

REVENUES		

Net On Roll Assessments		0	
Direct Bill Assessments - Lennar		0	

Total Revenues	$	-	

EXPENDITURES			

Principal Payments		0	
Interest Payments		0	
Miscellaneous		0	

Total Expenditures	$	-	

			
Excess / (Shortfall)	$	-	

Series 2014B Bond Was Paid In Full On 5/2/22			

	Series 2014 B Bond Information		
Initial Par Amount =	$9,097,400	
Maturity Par Amount =	$10,000,000	
Interest Rate =	6.90%	
Issue Date =	Dec 2014	
Maturity Date =	May 2025	
Annual Principal Payments Due =	N/A	
Annual Interest Payments Due =	N/A	
Par Amount As Of 1/1/23 =	$0	

FINAL BUDGET
ARBORWOOD COMMUNITY DEVELOPMENT DISTRICT 2018 DEBT SERVICE FUND
FISCAL YEAR 2024/2025
October 1, 2024 - September 30, 2025

2018 A-1 & A-2

FISCAL YEAR

Series 2018 A-1 Bond Information

2024/2025	Original Par Amount =	$24,465,000	
	  ANNUAL BUDGET 	Average Interest Rate =	3.02%	
		Maturity Date =	May 2036	
 REVENUES			Annual Principal Payments Due =	May 1st	
Net On Roll Assessments	2,528,226	Annual Interest Payments Due =	May 1st & November 1st	
		Par Amount As Of 1-1-24 =	$18,750,000	
 Total Revenues			 $	2,528,226		 	
Series 2018 A-2 Bond Information	
 EXPENDITURES						
Principal Payments A-1		1,210,000		Original Par Amount =	$8,740,000	
Interest Payments A-1		588,234		Average Interest Rate =	4.65%	
Principal Payments A-2		390,000		Maturity Date =	May 2036	
Interest Payments A-2		289,794		Annual Principal Payments Due =	May 1st	
 Miscellaneous / Prepayment				50,198		Annual Interest Payments Due =	May 1st & November 1st	
 Total Expenditures			 $	2,528,226		Par Amount As Of 1-1-24 =	$6,470,000	

 Excess / (Shortfall)		 $	- 

9

Arborwood Community Development District Assessment Recap - Parcel A Marina Bay & Botanica Lakes
Fiscal Year 2024/2025 October 1, 2024 - September 30, 2025

 PARCEL A - MARINA BAY & BOTANICA LAKES	

PARCEL	PRODUCT
TYPE	TOTAL
UNITS	TOTAL GROSS
O&M	TOTAL GROSS
DEBT	TOTAL GROSS
ASSESSMENTS		ON ROLL GROSS
PER UNIT TOTAL	
A	Villa / Townhome	240	13,805.21	71,280.00	85,085.21		$	354.52	
A	40' SF	365	20,995.42	136,145.00	157,140.42		$	430.52	
A	40' SF - PO	2	115.04	0.00	115.04		$	57.52	
A	45' SF	269	15,473.34	104,910.00	120,383.34		$	447.52	
A	45' SF / Villa *	6	345.13	2,340.00	2,685.13		$	447.52	
A	45' SF - PO	1	57.52	0.00	57.52		$	57.52	
A	52' SF	564	32,442.24	232,932.00	265,374.24		$	470.52	
A	52' SF - PO	1	57.52	0.00	57.52		$	57.52	
A	62' SF	33	1,898.22	14,949.00	16,847.22		$	510.52	
Total		1,481	85,189.64	562,556.00	647,745.64			

MARINA BAY							

PARCEL	PRODUCT
TYPE	UNITS	O&M GROSS	DEBT GROSS	TOTAL GROSS	
A	Villa / Townhome	240	13,805.21	71,280.00	85,085.21	
A	40' SF	0	0.00	0.00	0.00	
A	40' SF - PO	0	0.00	0.00	0.00	
A	45' SF	269	15,473.34	104,910.00	120,383.34	
A	45' SF / Villa *	6	345.13	2,340.00	2,685.13	
A	45' SF - PO	1	57.52	0.00	57.52	
A	52' SF	247	14,207.86	102,011.00	116,218.86	
A	52' SF - PO	0	0.00	0.00	0.00	
A	62' SF	33	1,898.22	14,949.00	16,847.22	
Total		796	45,787.28	295,490.00	341,277.28	
BOTANICA LAKES

PARCEL	PRODUCT
TYPE	UNITS	O&M GROSS	DEBT GROSS	TOTAL GROSS	
A	Villa / Townhome	0	0.00	0.00	0.00	
A	40' SF	365	20,995.42	136,145.00	157,140.42	
A	40' SF - PO	2	115.04	0.00	115.04	
A	45' SF	0	0.00	0.00	0.00	
A	45' SF - PO	0	0.00	0.00	0.00	
A	52' SF	317	18,234.38	130,921.00	149,155.38	
A	52' SF - PO	1	57.52	0.00	57.52	
A	62' SF	0	0.00	0.00	0.00	
Total		685	39,402.37	267,066.00	306,468.37	

PO = Paid Off. There are a few home owners that have paid their bonds offs.
* The District's methodology allocates assessments based on the size of the lot, not the structure constructed on the lot size. As a result, even though the dwellings constructed on these six lots are Villas, the lots are 45' lots and are allocated assessments based on the lot.

Arborwood Community Development District Assessment Recap - Parcels B & D/E Bridgetown & Somerset
Fiscal Year 2024/2025 October 1, 2024 - September 30, 2025
 PARCELS B & D/E - BRIDGETOWN & SOMERSET	

BRIDGETOWN		
	PRODUCT	UNITS	O&M GROSS	DEBT GROSS	TOTAL GROSS		GROSS	
PARCEL	TYPE				ASSESSMENT		PER UNIT TOTAL	
B	MF - (2)	66	6,358.82	84,216.00	90,574.82		$	1,372.35	
B	MF - (3)	36	3,468.45	36,180.00	39,648.45		$	1,101.35	
B	SF 42' - (1)	185	17,823.97	90,280.00	108,103.97		$	584.35	
B	SF 42' - (3)	39	3,757.48	39,195.00	42,952.48		$	1,101.35	
B	SF 42' - (5)	1	96.35	0.00	96.35		$	96.35	
B	SF 55' - (1)	230	22,159.53	150,420.00	172,579.53		$	750.35	
B	SF 55' - (2)	0	0.00	0.00	0.00		$	-	
B	SF 55' - (3)	71	6,840.55	71,284.00	78,124.55		$	1,100.35	
B	SF 55' - (5)	2	192.69	0.00	192.69		$	96.35	
B	SF 67' - (1)	130	12,524.95	103,480.00	116,004.95		$	892.35	
B	SF 67' - (2)	38	3,661.14	48,488.00	52,149.14		$	1,372.35	
B	SF 67' - (3)	90	8,671.12	90,360.00	99,031.12		$	1,100.35	
B	SF 67' - (4)	33	3,179.41	47,784.00	50,963.41		$	1,544.35	
B	SF 75' - (1)	0	0.00	0.00	0.00		$	-	
B	SF 75' - (2)	34	3,275.76	49,164.00	52,439.76		$	1,542.35	
B	SF 75' - (3)	3	289.04	3,522.00	3,811.04		$	1,270.35	
B	SF 75' - (4)	27	2,601.34	41,364.00	43,965.34		$	1,628.35	
Total		985	94,901	855,737	950,638			

SOMERSET				
	PRODUCT	UNITS	O&M GROSS	DEBT GROSS	TOTAL GROSS		GROSS	
PARCEL	TYPE				ASSESSMENT		PER UNIT TOTAL	
D/E	MF - (1)	43	10,201.98	21,414.00	31,615.98		$	735.26	
D/E	MF - (2)	123	29,182.42	156,948.00	186,130.42		$	1,513.26	
D/E	MF - (3)	27	6,405.90	27,135.00	33,540.90		$	1,242.26	
D/E	MF - (4)	27	6,405.90	39,096.00	45,501.90		$	1,685.26	
D/E	SF 55' - (1)	78	18,505.92	51,012.00	69,517.92		$	891.26	
D/E	SF 55' - (2)	126	29,894.18	160,776.00	190,670.18		$	1,513.26	
D/E	SF 55' - (3)	46	10,913.75	46,184.00	57,097.75		$	1,241.26	
D/E	SF 67' - (1)	96	22,776.52	76,416.00	99,192.52		$	1,033.26	
D/E	SF 67' - (2)	101	23,962.80	128,876.00	152,838.80		$	1,513.26	
D/E	SF 67' - (3)	53	12,574.54	53,212.00	65,786.54		$	1,241.26	
D/E	SF 67' - (4)	30	7,117.66	43,440.00	50,557.66		$	1,685.26	
D/E	SF 67' - (5)	3	711.77	0.00	711.77		$	237.26	
D/E	SF 75' - (1)	57	13,523.56	50,673.00	64,196.56		$	1,126.26	
D/E	SF 75' - (2)	77	18,268.67	111,342.00	129,610.67		$	1,683.26	
D/E	SF 75' - (3)	27	6,405.90	31,698.00	38,103.90		$	1,411.26	
D/E	SF 75' - (4)	39	9,252.96	59,748.00	69,000.96		$	1,769.26	
D/E	SF 75' - (5)	1	237.26	0.00	237.26		$	237.26	
Total		954	226,342	1,057,970	1,284,312			

(1) Full 2005A-2 Assessments and Paid Off 2006A-3 Assessments				
(2) Full 2005A-2 Assessments and Full 2006A-3 Assessments				
(3) Full 2005A-2 Assessments and Partial Buydown 2006A-3 Assessments				
(4) Full 2005A-2 Assessments, Full 2006A-3 Assessments and Full 2006A-2 Assessments				
(5) All Bonds Paid Off - Still Pay O&M				

Arborwood Community Development District Assessment Recap - Lennar Parcel
Fiscal Year 2024/2025 October 1, 2024 - September 30, 2025

 LENNAR PARCEL	

PARCEL	PRODUCT
TYPE	TOTAL
UNITS	ON ROLL
UNITS	DIRECT BILL
UNITS	
C	6 - plex	120	120	0	
C	4 - plex	164	164	0	
C	46' SF	62	62	0	
C	52' SF	219	219	0	
C	67' SF	129	129	0	
Total		694	694	0	
WCI ON ROLL

PARCEL	PRODUCT
TYPE	ON ROLL
UNITS	O&M GROSS
ON ROLL	SERIES 2014 GROSS ON ROLL
A-1 & A-2 (Combined)	
C	6 - plex	120	8,606.26	86,816.14	
C	4 - plex	164	11,761.89	118,648.73	
C	46' SF	62	4,446.57	55,749.04	
C	52' SF	219	15,706.43	208,238.09	
C	67' SF	129	9,251.73	149,324.03	
Total		694	49,773	618,776	

	
795.19
795.19
970.90
1,022.58
1,229.27

$
$
$
$
$

ON ROLL GROSS PER UNIT TOTAL

WCI HOMES DIRECT BILL
PARCEL	PRODUCT
TYPE	DIRECT BILL
UNITS	O&M NET
DIRECT BILL	SERIES 2014 NET DIRECT BILL
A-1 & A-2 (Combined)	
C	6 - plex	0	0.00	0.00	
C	4 - plex	0	0.00	0.00	
C	46' SF	0	0.00	0.00	
C	52' SF	0	0.00	0.00	
C	67' SF	0	0.00	0.00	
Total		0	0	0	

Arborwood Community Development District Assessment Recap - Other Parcels
Fiscal Year 2024/2025 October 1, 2024 - September 30, 2025

 OTHER PARCELS	

PARCEL	PRODUCT
TYPE	TOTAL
UNITS / ACRES	ON ROLL
UNITS	DIRECT BILL
UNITS	
D/E	Golf Course	116	116	0	
G	Neighborhood Retail	21	21	0	
H-1	Retail/ Commercial	11	11	0	
H-2	RE Office	2	0	2	
Total		151	148	2	
OTHER ON ROLL
	PRODUCT	ON ROLL	O&M GROSS	2018 GROSS	TOTAL GROSS		ON ROLL GROSS		
PARCEL	TYPE	UNITS	ON ROLL	ON ROLL	ON ROLL		TOTAL		

D/E	
Golf Course	
116	
64,762.31	
123,556.00	
188,318.31		$	188,318.31		
G	Neighborhood Retail	21	3,997.49	21,850.00	25,847.49		$	25,847.49		
H-1	Retail/ Commercial	11	2,392.70	11,900.00	14,292.70		$	14,292.70		
H-2	RE Office	0	0.00	0.00	0.00		$	-		
					
Total		148	71,152	157,306	228,458		
	*	remove in 24 - debt pre paid and land sold to fire station	

ARBORWOOD COMMUNITY DEVELOPMENT DISTRICT ANNUAL ASSESSMENT METHODOLOGY - GENERAL FUND O&M FISCAL YEAR 2024/2025
OCTOBER 1, 2024 - SEPTEMBER 30, 2025

$  307,163.00

Total Shared O&M Expenditures

A

Allocation of Expenditures and Assessment Per Unit

Tract	

Parcel	Allocation Per Parcel based on Gross Acreage	Assessment Per Unit	
		
B	
C	
D = B-C	
E	
F = A*D	
G = E/96%	
H	I = F/H	
: = I/96%	
		
Gross Acreage	Preserve and Lake
Acerage	
Net Acerage	
% of Total Acreage	Allocation of
Expenditures	Total Expenditures
Grossed up (on Roll)	
Projected Units  Net Assmt per Unit	Gross Assmt per
Unit (If On Roll)	
1	A	560.38	207.90	352.48	26.62%	$	81,782	$	85,190	1,481 $	55.22	$	57.52	
2	B	669.06	332.43	336.63	25.43%	$	78,105	$	81,359	985 $	79.29	$	82.60	
2	D/E	817.73	481.41	336.32	25.40%	$	78,033	$	81,284	954 $	81.80	$	85.20	
2	C	259.16	83.39	175.77	13.28%	$	40,782	$	42,481	694 $	58.76	$	61.21	
Total Residential Land Uses	2,306͘33	1,105͘13	1,201͘20	90͘73%	Ψ	278,701	Ψ	290,314	4,114		
2	Golf Course (part of Tract 2 Parcel D/E)	116.23	20.00	96.23	7.27%	$	22,327	23,257.49		
3	Neighborhood Retail-G	21.06	4.52	16.54	1.25%	$	3,838	3,997.49		
4	Retail/ Commercial H-1	11.19	1.29	9.90	0.75%	$	2,297	2,392.70		
5	RE Off-H-2/ Fire Station	-	-	-	0.00%	$	-	-	remove in 24 - debt pre paid and land sold to fire station	
Total Non-Residential Land Uses	148͘48	25͘81	122͘67	9͘27%	Ψ	28,462	Ψ	29,648		
Grand Total (Gross)	2,454͘81	1,130͘94	1,323͘87	100͘00%	Ψ	307,163	Ψ	319,961		

$  179,100.00

Total -Somerset Only- O&M Expenditures

Tract	
Parcel	
Gross Acreage	Preserve and Lake
Acerage	
Net Acerage	
% of Total Acreage	Allocation of
Expenditures	Total Expenditures
Grossed up (on Roll)	
Projected Units	
Net Assmt per Unit	Gross Assmt per
Unit (If On Roll)	
2	D/E	817.73	481.41	336.32	77.75%	$	139,255	$	145,058	954	$	145.97	$	152.05	
2	Golf Course (part of Tract 2
Parcel D/E)	116.23	20.00	96.23	22.25%	$	39,845	$	41,505		
Totals	
933.96	
501.41	
432.55	
100.00%	
$	179,100	
$	186,563		

$	7,000.00

Total -Parcel C Only O&M Expenditures

Tract	
Parcel	
Gross Acreage	Preserve and Lake
Acerage	
Net Acerage	
% of Total Acreage	Allocation of
Expenditures	Total Expenditures
Grossed up (on Roll)	
Projected Units	
Net Assmt per Unit	Gross Assmt per
Unit (If On Roll)	
2	C	259.16	83.39	175.77	100.00%	$	7,000	$	7,292	694	$	10.09	$	10.51	

$	13,000.00

Total -Bridgetown Only O&M Expenditures

Tract	
Parcel	
Gross Acreage	Preserve and Lake
Acerage	
Net Acerage	
% of Total Acreage	Allocation of
Expenditures	Total Expenditures
Grossed up (on Roll)	
Projected Units	
Net Assmt per Unit	Gross Assmt per
Unit (If On Roll)	
2	B	669.06	332.43	336.63	100.00%	$	13,000	$	13,542	985	$	13.20	$	13.75	

ARBORWOOD COMMUNITY DEVELOPMENT DISTRICT ANNUAL ASSESSMENT METHODOLOGY - 2014 BOND DEBT SERVICE FISCAL YEAR 2024/2025
OCTOBER 1, 2024 - SEPTEMBER 30, 2025

Net 2014 A1 & A2 Principal & Interest
Payment Due:	Net Total MADs	% Difference	
$	594,025.00	$	598,173.89	99.306%	

*

Parcel - Product Type	

Planned Units	

Platted Units ON
Roll	Per Unit ERU Multiplied by
Net Due Grossed up = Assmt/Plttd.
Unit	

Assessments
Platted	

OFF Roll	
PARCEL C - 6 - Plex	120	120	$	723.47	$	86,816.14	$	-	
PARCEL C - 4 - Plex	164	164	$	723.47	$  118,648.73	$	-	
PARCEL C - 46' Single Family	62	62	$	899.18	$	55,749.04	$	-	
PARCEL C - 52' Single Family	219	219	$	950.86	$  208,238.09	$	-	
PARCEL C - 67' Single Family	129	129	$	1,157.55	$  149,324.03	$	-	
						
Grand Total	694	694		$  618,776.04	$	-	

Per Unit ERUs
from Methodology	

Category Total using ERUs and Lot Count from Methodology	
Category % of ERUs Total = % of
Bond
Assessment	
0.70	84.00	14.0304%	
0.70	114.80	19.1749%	
0.87	53.94	9.0095%	
0.92	201.48	33.6529%	
1.12	144.48	24.1323%	
			
	598.70	100.0000%	

Note: ERU's and Planned Units come directly from the Series 2014 Bond Methodology.

ARBORWOOD COMMUNITY DEVELOPMENT DISTRICT ANNUAL ASSESSMENT METHODOLOGY - 2018 BOND DEBT SERVICE FISCAL YEAR 2024/2025
OCTOBER 1, 2024 - SEPTEMBER 30, 2025

$2,633,569

Gross MADs when all platted

Parcel - Product Type	

Planned Units	

Platted Units
ON Roll	

Gross Annual
M.A.D	Total Assessments
Platted	

OFF Roll Net	
						
PARCEL A - Villa / Townhome	240	240	297	71,280	0	
PARCEL A - Single Family 40'	365	365	373	136,145	0	
PARCEL A - Single Family 40' - PO	2	2	0	0	0	
PARCEL A - Single Family 45'	269	269	390	104,910	0	
PARCEL A - Single Family 45' / Villa *	6	6	390	2,340	0	
PARCEL A - Single Family 45' -PO	1	1	0	0	0	
PARCEL A - Single Family 52'	564	564	413	232,932	0	
PARCEL A - Single Family 52' - PO	1	1	0	0	0	
PARCEL A - Single Family 62'	33	33	453	14,949	0	

Subtotal Parcel A	
1,481	
1,481		
562,556	
0	
						
PARCELS B - Multi Family and Twin Villas - (2)	66	66	1,276	84,216	0	
PARCELS B - Multi Family and Twin Villas - (3)	36	36	1,005	36,180	0	
PARCELS B - Single Family 42' - (1)	185	185	488	90,280	0	
PARCELS B - Single Family 42' - (3)	39	39	1,005	39,195	0	
PARCELS B - Single Family 42' - (5)	1	1	0	0	0	
PARCELS B - Single Family 55' - (1)	230	230	654	150,420	0	
PARCELS B - Single Family 55' - (2)	0	0	1,276	0	0	
PARCELS B - Single Family 55' - (3)	71	71	1,004	71,284	0	
PARCELS B - Single Family 55' - (5)	2	2	0	0	0	
PARCELS B - Single Family 67' - (1)	130	130	796	103,480	0	
PARCELS B - Single Family 67' - (2)	38	38	1,276	48,488	0	
PARCELS B - Single Family 67' - (3)	90	90	1,004	90,360	0	
PARCELS B - Single Family 67' - (4)	33	33	1,448	47,784	0	
PARCELS B - Single Family 75' - (1)	0	0	889	0	0	
PARCELS B - Single Family 75' - (2)	34	34	1,446	49,164	0	
PARCELS B - Single Family 75' - (3)	3	3	1,174	3,522	0	
PARCELS B - Single Family 75' - (4)	27	27	1,532	41,364	0	

Subtotal Parcels B	
985	
985		
855,737	
0	
						
PARCELS D/E - Multi Family and Twin Villas - (1)	43	43	498	21,414	0	
PARCELS D/E - Multi Family and Twin Villas - (2)	123	123	1,276	156,948	0	
PARCELS D/E - Multi Family and Twin Villas - (3)	27	27	1,005	27,135	0	
PARCELS D/E - Multi Family and Twin Villas - (4)	27	27	1,448	39,096	0	
PARCELS D/E - Single Family 55' - (1)	78	78	654	51,012	0	
PARCELS D/E - Single Family 55' - (2)	126	126	1,276	160,776	0	
PARCELS D/E - Single Family 55' - (3)	46	46	1,004	46,184	0	
PARCELS D/E - Single Family 67' - (1)	96	96	796	76,416	0	
PARCELS D/E - Single Family 67' - (2)	101	101	1,276	128,876	0	
PARCELS D/E - Single Family 67' - (3)	53	53	1,004	53,212	0	
PARCELS D/E - Single Family 67' - (4)	30	30	1,448	43,440	0	
PARCELS D/E - Single Family 67' - (5)	3	3	0	0	0	
PARCELS D/E - Single Family 75' - (1)	57	57	889	50,673	0	
PARCELS D/E - Single Family 75' - (2)	77	77	1,446	111,342	0	
PARCELS D/E - Single Family 75' - (3)	27	27	1,174	31,698	0	
PARCELS D/E - Single Family 75' - (4)	39	39	1,532	59,748	0	
PARCELS D/E - Single Family 75' - (5)	1	1	0	0	0	

Subtotal Parcels D/E	
954	
954		
1,057,970	
0	

Total Residential Units Parcels A, B, D, E	
3,420	
3,420		
2,476,263	
0	

Other Land Uses							
GOLF COURSE	1	1	123,556	123,556		123,556	
PARCEL G (Neighborhood Retail)	1	1	21,850	21,850		21,850	
PARCEL H-1 (Retail / Commercial)	1	1	11,900	11,900		11,900	
PARCEL H-2 (RE Office)	1	1	0	0		0	
Other Land UseTotal				157,306			
							
GRAND TOTAL				2,633,569	0	2,633,569	

Full 2005A-2 Assessments and Paid Off 2006A-3 Assessments
Full 2005A-2 Assessments and Full 2006A-3 Assessments
Full 2005A-2 Assessments and Partial Buydown 2006A-3 Assessments
Full 2005A-2 Assessments, Full 2006A-3 Assessments and Full 2006A-2 Assessments
All Bonds Paid Off - Still Pay O&M				

Category Total MADs from Methodology
71,280
136,145
0
104,910
2,340
0
232,932
0
14,949

84,216
36,180
90,280
39,195
0
150,420
0
71,284
0
103,480
48,488
90,360
47,784
0
49,164
3,522
41,364

21,414
156,948
27,135
39,096
51,012
160,776
46,184
76,416
128,876
53,212
43,440
0
50,673
111,342
31,698
59,748
0

* The District's methodology allocates assessments based on the size of the lot, not the structure constructed on the lot size. As a result, even though the dwellings constructed on these six lots are Villas, the lots are 45' lots and ar allocated assessments based on the lot.

Arborwood Community Development District On Roll Assessment Comparsion
Fiscal Year 2024/2025 October 1, 2024 - September 30, 2025

	Product	Gross
Fiscal Year 2023/2024	Gross
Fiscal Year 2024/2025	
Parcel	Type	On Roll Assessment Per Unit	On Roll Assessment Per Unit	
GL Homes				
A	Villa / Townhome	$357.51	$354.52	
A	40' SF	$433.51	$430.52	
A	40' SF - PO	$60.51	$57.52	
A	45' SF	$450.51	$447.52	
A	45' SF / Villa *	$450.51	$447.52	
A	45' SF - PO	$60.51	$57.52	
A	52' SF	$473.51	$470.52	
A	52' SF - PO	$60.51	$57.52	
A	62' SF	$513.51	$510.52	

Pulte

* The District's methodology allocates assessments based on the size of the lot, not the structure constructed on the lot
size. As a result, even though the dwellings constructed on these six lots are Villas, the lots are 45' lots and are allocated assessments based on the lot.

B	MF - (2)	$1,372.41	$1,372.35	
B	MF - (3)	$1,101.41	$1,101.35	
B	SF 42' - (1)	$584.41	$584.35	
B	SF 42' - (3)	$1,101.41	$1,101.35	
B	SF 42' - (5)	$96.41	$96.35	
B	SF 55' - (1)	$750.41	$750.35	
B	SF 55' - (2)	$0.00	$0.00	
B	SF 55' - (3)	$1,100.41	$1,100.35	
B	SF 55' - (5)	$96.41	$96.35	
B	SF 67' - (1)	$892.41	$892.35	
B	SF 67' - (2)	$1,372.41	$1,372.35	
B	SF 67' - (3)	$1,100.41	$1,100.35	
B	SF 67' - (4)	$1,544.41	$1,544.35	
B	SF 75' - (1)	$0.00	$0.00	
B	SF 75' - (2)	$1,542.41	$1,542.35	
B	SF 75' - (3)	$1,270.41	$1,270.35	
B	SF 75' - (4)	$1,628.41	$1,628.35	
D/E	MF - (1)	$738.83	$735.26	
D/E	MF - (2)	$1,516.83	$1,513.26	
D/E	MF - (3)	$1,245.83	$1,242.26	
D/E	MF - (4)	$1,688.83	$1,685.26	
D/E	SF 55' - (1)	$894.83	$891.26	
D/E	SF 55' - (2)	$1,516.83	$1,513.26	
D/E	SF 55' - (3)	$1,244.83	$1,241.26	
D/E	SF 67' - (1)	$1,036.83	$1,033.26	
D/E	SF 67' - (2)	$1,516.83	$1,513.26	
D/E	SF 67' - (3)	$1,244.83	$1,241.26	
D/E	SF 67' - (4)	$1,688.83	$1,685.26	
D/E	SF 67' - (5)	$240.83	$237.26	
D/E	SF 75' - (1)	$1,129.83	$1,126.26	
D/E	SF 75' - (2)	$1,686.83	$1,683.26	
D/E	SF 75' - (3)	$1,414.83	$1,411.26	
D/E	SF 75' - (4)	$1,772.83	$1,769.26	
D/E	SF 75' - (5)	$240.83	$237.26	
	(1) Full 2005A-2 Assessments and Paid Off 2006A-3 Assessments		
	(2) Full 2005A-2 Assessments and Full 2006A-3 Assessments		
	(3) Full 2005A-2 Assessments and Partial Buydown 2006A-3 Assessments		
	(4) Full 2005A-2 Assessments, Full 2006A-3 Assessments and Full 2006A-2 Assessments		
	(5) All Bonds Paid Off - Still Pay O&M		
Lennar			
C	6 - Plex	$798.30	$795.19	
C	4 - Plex	$798.30	$795.19	
C	46' SF	$973.99	$970.90	
C	52' SF	$1,025.66	$1,022.58	
C	67' SF	$1,232.34	$1,229.27	

Others			

D/E
G H-1	Golf Course
Neighborhood Retail Retail/ Commercial	$189,294.95
$26,055.19
$14,417.01	$188,318.31
$25,847.49
$14,292.70	
H-2	RE Office	$3,127.98	$0.00	

RESOLUTION 2024-05
[FY 2025 ASSESSMENT RESOLUTION]

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE ARBORWOOD COMMUNITY DEVELOPMENT DISTRICT PROVIDING FOR FUNDING FOR THE FY 2025 ADOPTED BUDGET(S); PROVIDING FOR THE COLLECTION AND ENFORCEMENT OF SPECIAL ASSESSMENTS, INCLUDING BUT NOT LIMITED TO PENALTIES AND INTEREST THEREON; CERTIFYING AN ASSESSMENT ROLL; PROVIDING FOR AMENDMENTS TO THE ASSESSMENT ROLL; PROVIDING A SEVERABILITY CLAUSE; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the Arborwood Community Development District (“District”) is a local unit of special- purpose government established pursuant to Chapter 190, Florida Statutes, for the purpose of providing, operating and maintaining infrastructure improvements, facilities and services to the lands within the District, located in Lee County, Florida (“County”); and
WHEREAS, the District has constructed or acquired various infrastructure improvements and provides certain services in accordance with the District’s adopted capital improvement plan and Chapter 190, Florida Statutes; and

WHEREAS, for the fiscal year beginning October 1, 2024, and ending September 30, 2025 (“FY 2025”), the Board of Supervisors (“Board”) of the District has determined to undertake various operations and maintenance and other activities described in the District’s budget (“Adopted Budget”), attached hereto as Exhibit A; and

WHEREAS, pursuant to Chapter 190, Florida Statutes, the District may fund the Adopted Budget through the levy and imposition of special assessments on benefitted lands within the District and, regardless of the imposition method utilized by the District, under Florida law the District may collect such assessments by direct bill, tax roll, or in accordance with other collection measures provided by law; and

WHEREAS, in order to fund the District’s Adopted Budget, the District’s Board now desires to adopt this Resolution setting forth the means by which the District intends to fund its Adopted Budget.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE ARBORWOOD COMMUNITY DEVELOPMENT DISTRICT:
FUNDING. The District’s Board hereby authorizes the funding mechanisms for the Adopted Budget as provided further herein and as indicated in the Adopted Budget attached hereto as Exhibit A and the assessment roll attached hereto as Exhibit B (“Assessment Roll”).

OPERATIONS AND MAINTENANCE ASSESSMENTS.
Benefit Findings. The provision of the services, facilities, and operations as described in Exhibit A confers a special and peculiar benefit to the lands within the District, which benefit exceeds or equals the cost of the assessments. The allocation of the assessments to the specially benefitted lands is shown in Exhibit A and Exhibit B and is hereby found to be fair and reasonable.

O&M Assessment Imposition. Pursuant to Chapter 190, Florida Statutes, a special assessment for operations and maintenance (“O&M Assessment(s)”) is hereby levied and imposed on benefitted lands within the District and in accordance with Exhibit A and Exhibit B. The lien of the O&M Assessments imposed and levied by this Resolution shall be effective upon passage of this Resolution.
Maximum Rate. Pursuant to Section 197.3632(4), Florida Statutes, the lien amount shall serve as the “maximum rate” authorized by law for operation and maintenance assessments.

DEBT SERVICE SPECIAL ASSESSMENTS. The District’s Board hereby certifies for collection the FY 2025 installment of the District’s previously levied debt service special assessments (“Debt Assessments,” and together with the O&M Assessments, the “Assessments”) in accordance with this Resolution and as further set forth in Exhibit A and Exhibit B, and hereby directs District staff to affect the collection of the same.
COLLECTION AND ENFORCEMENT; PENALTIES; INTEREST.  Pursuant to Chapter 190,
Florida Statutes, the District is authorized to collect and enforce the Assessments as set forth below.

Tax Roll Assessments. To the extent indicated in Exhibit A and Exhibit B, those certain O&M Assessments (if any) and/or Debt Assessments (if any) imposed on the “Tax Roll Property” identified in Exhibit B shall be collected by the County Tax Collector at the same time and in the same manner as County property taxes in accordance with Chapter 197, Florida Statutes (“Uniform Method”). That portion of the Assessment Roll which includes the Tax Roll Property is hereby certified to the County Tax Collector and shall be collected by the County Tax Collector in the same manner and time as County property taxes. The District’s Board finds and determines that such collection method is an efficient method of collection for the Tax Roll Property.
Direct Bill Assessments. To the extent indicated in Exhibit A and Exhibit B, those certain O&M Assessments (if any) and/or Debt Assessments (if any) imposed on “Direct Collect Property” identified in Exhibit B shall be collected directly by the District in accordance with Florida law, as set forth in Exhibit A and Exhibit B. The District’s Board finds and determines that such collection method is an efficient method of collection for the Direct Collect Property.

Due Date (O&M Assessments). O&M Assessments directly collected by the District shall be due and payable in full on December 1, 2024; provided, however, that, to the extent permitted by law, the O&M Assessments due may be paid in several partial, deferred payments and according to the following schedule: 50% due no later than April 15, 2025 and 50% due no later than September 30, 2025.
Due Date (Debt Assessments). Debt Assessments directly collected by the District shall be due and payable in full on December 1, 2024; provided,

however, that, to the extent permitted by law, the Debt Assessments due may be paid in several partial, deferred payments and according to the following schedule: 50% due no later than April 15, 2025 and 50% due
no later than September 30, 2025.

In the event that an Assessment payment is not made in accordance with the schedule(s) stated above, the whole of such Assessment, including any remaining partial, deferred payments for the Fiscal Year: shall immediately become due and payable; shall accrue interest, penalties in the amount of one percent (1%) per month, and all costs of collection and enforcement; and shall either be enforced pursuant to a foreclosure action, or, at the District’s sole discretion, collected pursuant to the Uniform Method on a future tax bill, which amount may include penalties, interest, and costs of collection and enforcement. Any prejudgment interest on delinquent Assessments shall accrue at the rate of any bonds secured by the Assessments, or at the statutory prejudgment interest rate, as applicable. In the event an Assessment subject to direct collection by the District shall be delinquent, the District Manager and District Counsel, without further authorization by the Board, may initiate foreclosure proceedings pursuant to Chapter 170, Florida Statutes, or other applicable law to collect and enforce the whole Assessment, as set forth herein.
Future Collection Methods. The District’s decision to collect Assessments by any particular method – e.g., on the tax roll or by direct bill – does not mean that such method will be used to collect special assessments in future years, and the District reserves the right in its sole discretion to select collection methods in any given year, regardless of past practices.

ASSESSMENT ROLL; AMENDMENTS. The Assessment Roll, attached hereto as Exhibit B, is hereby certified for collection. The Assessment Roll shall be collected pursuant to the collection methods provided above. The proceeds therefrom shall be paid to the District. The District Manager shall keep apprised of all updates made to the County property roll by the Property Appraiser after the date of this Resolution and shall amend the Assessment Roll in accordance with any such updates, for such time as authorized by Florida law, to the County property roll.
SEVERABILITY. The invalidity or unenforceability of any one or more provisions of this Resolution shall not affect the validity or enforceability of the remaining portions of this Resolution, or any part thereof.

EFFECTIVE DATE. This Resolution shall take effect upon the passage and adoption of this Resolution by the Board.
[CONTINUED ON NEXT PAGE]

PASSED AND ADOPTED this 19th day of August, 2024.

ATTEST:	ARBORWOOD COMMUNITY DEVELOPMENT DISTRICT

Secretary / Assistant Secretary

By:	 Its:	

Exhibit A:	Budget
Exhibit B:	Assessment Roll

RESOLUTION NO. 2024-06

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE ARBORWOOD COMMUNITY DEVELOPMENT DISTRICT, ESTABLISHING A REGULAR MEETING SCHEDULE FOR FISCAL YEAR 2024/2025 AND SETTING THE TIME AND LOCATION OF SAID DISTRICT MEETINGS; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, it is necessary for the Arborwood Community Development District ("District") to establish a regular meeting schedule for fiscal year 2024/2025; and

WHEREAS, the Board of Supervisors of the District has set a regular meeting schedule, location and time for District meetings for fiscal year 2024/2025 which is attached hereto and made a part hereof as Exhibit “A”.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE ARBORWOOD COMMUNITY DEVELOPMENT DISTRICT, LEE COUNTY, FLORIDA, AS FOLLOWS:

Section 1.   The above recitals are hereby adopted.

Section 2.  The regular meeting schedule, time and location for meetings for fiscal year 2024/2025 which is attached hereto as Exhibit “A” is hereby adopted and authorized to be published.
PASSED, ADOPTED and EFFECTIVE this 19th day of August, 2024.

ATTEST:	ARBORWOOD
COMMUNITY DEVELOPMENT DISTRICT

By:			By:		 Secretary/Assistant Secretary			Chairperson/Vice Chairperson

ARBORWOOD COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2024/2025 REGULAR MEETING SCHEDULE
Regular Meetings of the Board of Supervisors of the Arborwood Community Development District will be held at 9:00 a.m. in the Amenity Center Community Room, Somerset at the Plantation, 10401 Dartington Drive, Fort Myers, Florida, 33913 on the following dates:

October 21, 2024
November 18, 2024
December 16, 2024
February 17, 2025
March 18, 2025
April 21, 2025
May 19, 2025
June 16, 2025
July 21, 2025
August 18, 2025
September 15, 2025

The meetings are open to the public and will be conducted in accordance with the provisions of Florida law for community development districts. The meetings may be continued in progress without additional notice to a time, date, and location stated on the record. Copies of the agenda for these meetings may be obtained from the District’s website or from the District Manager, Special District Services, located at 2501A Burns Road, Palm Beach Gardens, Florida 33410. There may be occasions when one or more Supervisors will participate by telephone.

Pursuant to provisions of the Americans with Disabilities Act, any person requiring special accommodations to participate in these meetings is asked to advise the District Office at least forty- eight (48) hours before the meeting by contacting the District Manager at 941-223-2475 and/or toll free at 1-877-737-4922. If you are hearing or speech impaired, please contact the Florida Relay Service at 1-800- 955-8770, who can aid you in contacting the District Office.

A person who decides to appeal any decision made at the meeting with respect to any matter considered at a particular meeting is advised that person will need a record of the proceedings and that accordingly, the person may need to ensure that a verbatim record of the proceedings is made including the testimony and evidence upon which the appeal is to be based.

Meetings may be cancelled from time to time without advertised notice.

Michelle Krizen District Manager
Arborwood Community Development District www.arborwoodcdd.org
PUBLISH: FORT MYERS NEWS-PRESS

RESOLUTION 2024-07

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE ARBORWOOD COMMUNITY DEVELOPMENT DISTRICT ADOPTING GOALS, OBJECTIVES, AND PERFORMANCE MEASURES AND STANDARDS; PROVIDING A SEVERABILITY CLAUSE; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the Arborwood Community Development District (the “District”) is a local unit of special-purpose government organized and existing under and pursuant to Chapters 189 and 190, Florida Statutes, as amended; and

WHEREAS, effective July 1, 2024, the Florida Legislature adopted House Bill 7013, codified as Chapter 2024-136, Laws of Florida (“HB 7013”) and creating Section 189.0694, Florida Statutes; and

WHEREAS, pursuant to HB 7013 and Section 189.0694, Florida Statutes, beginning October 1, 2024, the District shall establish goals and objectives for the District and create performance measures and standards to evaluate the District’s achievement of those goals and objectives; and

WHEREAS, the District Manager has prepared the attached goals, objectives, and performance measures and standards and presented them to the Board of the District; and
WHEREAS, the District’s Board of Supervisors (“Board”) finds that it is in the best interests of the District to adopt by resolution the attached goals, objectives and performance measures and standards.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE ARBORWOOD COMMUNITY DEVELOPMENT DISTRICT:

SECTION 1. The recitals so stated are true and correct and by this reference are incorporated into and form a material part of this Resolution.
SECTION 2. The District Board of Supervisors hereby adopts the goals, objectives and performance measures and standards as provided in Exhibit A. The District Manager shall take all actions to comply with Section 189.0694, Florida Statutes, and shall prepare an annual report regarding the District’s success or failure in achieving the adopted goals and objectives for consideration by the Board of the District.

SECTION 3. If any provision of this resolution is held to be illegal or invalid, the other provisions shall remain in full force and effect.

SECTION 4. This resolution shall become effective upon its passage and shall remain in effect unless rescinded or repealed.

PASSED AND ADOPTED this 19th day of August, 2024.

ATTEST:	ARBORWOOD COMMUNITY DEVELOPMENT DISTRICT

Secretary/Assistant Secretary	Chairman, Board of Supervisors

Exhibit A: Performance Measures/Standards and Annual Reporting

Exhibit A

Program/Activity:	District Administration
Goal:	Remain compliant with Florida Law for all district meetings
Objectives:
Notice all District regular, special, and public hearing meetings
Conduct all post-meeting activities
District records retained in compliance with Florida Sunshine Laws
Performance Measures:
All Meetings publicly noticed as required (yes/no)
Meeting minutes and post-meeting action completed (yes/no)
District records retained as required by law (yes/no)

Program/Activity:	District Finance
Goal:	Remain Compliant with Florida Law for all district financing activities
Objectives:
District adopted fiscal year budget
District amended budget at end of fiscal year
Process all District finance accounts receivable and payable
Support District annual financial audit activities
Performance Measures:
District adopted fiscal year budget (yes/no)
District amended budget at end of fiscal year (yes/no)
District accounts receivable/payable processed for the year (yes/no)
“No findings” for annual financial audit (yes/no)
If “yes” explain

Program/Activity:	District Operations
Goal:	Insure, Operate and Maintain District owned Infrastructure & assets
Objectives:
Annual renewal of District insurance policy(s)
Contracted Services for District operations in effect
Compliance with all required permits
Performance Measures:
District insurance renewed and in force (yes/no)
Contracted Services in force for all District operations (yes/no)
Permits in compliance (yes/no)

Prepared By Caren Constantino

Job #

Date Thu 07/25/2024

Bridgetown Control Structures and Lake Levels

Weather	
6:00 AM
68° 
Clear
Wind: 0 MPH | Precipitation: .0'' | Humidity: 91%	12:00 PM
89° 
Partially cloudy
Wind: 1 MPH | Precipitation: .0'' | Humidity: 50%	4:00 PM
93° 
Partially cloudy
Wind: 9 MPH | Precipitation: .0'' | Humidity: 41%	

General Notes

CS-B1 and Spreader Swale
-Flow was observed
-No visible obstructions present
Caren Constantino | 08/05/24 | 02:38PM

0077//2255//2244 || 0044::0044PPMM	0077//2255//2244 || 0044::0099PPMM	0077//2266//2244 || 0066::0077AAMM	0077//2266//2244 || 0066::0077AAMM

0077//2266//2244 || 0066::0077AAMM	0077//2266//2244 || 0066::0099AAMM	0077//2266//2244 || 0066::0099AAMM	0088//0055//2244 || 0011::5599PPMM

Lake B13
Caren Constantino | 08/05/24 | 02:02PM

0077//2255//2244 || 0044::0044PPMM	0077//2255//2244 || 0044::0044PPMM	0077//2255//2244 || 0044::0044PPMM	0077//2255//2244 || 0044::0099PPMM

0088//0055//2244 || 0022::0022PPMM

Lake B12
Caren Constantino | 08/05/24 | 02:04PM

0077//2255//2244 || 0044::0044PPMM	0077//2255//2244 || 0044::0044PPMM	0077//2255//2244 || 0044::0044PPMM	0077//2255//2244 || 0044::0044PPMM

0077//2255//2244 || 0044::0044PPMM	0077//2255//2244 || 0044::0099PPMM	0088//0055//2244 || 0022::0044PPMM

Lake B16
Caren Constantino | 08/05/24 | 02:06PM

0077//2255//2244 || 0044::0099PPMM	0077//2266//2244 || 0055::5599AAMM	0077//2266//2244 || 0055::5599AAMM	0088//0055//2244 || 0022::0066PPMM

Lake B15
Caren Constantino | 08/05/24 | 02:08PM

0077//2266//2244 || 0055::5555AAMM	0077//2266//2244 || 0055::5577AAMM	0077//2266//2244 || 0055::5577AAMM	0077//2266//2244 || 0055::5577AAMM

0077//2266//2244 || 0055::5599AAMM	0088//0055//2244 || 0022::0088PPMM

Lake B14
Caren Constantino | 08/05/24 | 02:10PM

0077//2266//2244 || 0055::5555AAMM	0077//2266//2244 || 0055::5555AAMM	0077//2266//2244 || 0055::5555AAMM	0077//2266//2244 || 0055::5555AAMM

0077//2266//2244 || 0055::5555AAMM	0088//0055//2244 || 0022::1100PPMM

CS-B2
-Flow was observed
-No visible obstructions present
Caren Constantino | 08/05/24 | 02:31PM

0077//3300//2244 || 0088::1133AAMM	0077//3300//2244 || 0088::1133AAMM	0077//3300//2244 || 0088::1133AAMM	0077//3300//2244 || 0088::1133AAMM

0077//3300//2244 || 0088::1133AAMM	0077//3300//2244 || 0088::1133AAMM	0088//0055//2244 || 0022::1122PPMM	0088//0055//2244 || 0022::1166PPMM

Lake B2
Caren Constantino | 08/05/24 | 02:21PM

0077//2299//2244 || 0077::3399AAMM	0077//2299//2244 || 1100::4411AAMM	0077//3300//2244 || 0088::1133AAMM	0077//3300//2244 || 0088::1133AAMM

0088//0055//2244 || 0022::1188PPMM	0088//0055//2244 || 0022::1188PPMM	0088//0055//2244 || 0022::1188PPMM	0088//0055//2244 || 0022::1188PPMM

0088//0055//2244 || 0022::2211PPMM

Lake B20
Caren Constantino | 08/05/24 | 02:26PM

0077//3300//2244 || 0088::1133AAMM	0077//3300//2244 || 0088::1133AAMM	0077//3300//2244 || 0088::1133AAMM	0077//3300//2244 || 0088::1133AAMM

0077//3300//2244 || 0088::1133AAMM	0088//0055//2244 || 0022::2255PPMM

Lake B27
Caren Constantino | 08/05/24 | 02:36PM

0077//3300//2244 || 0088::1133AAMM	0077//3300//2244 || 0088::1133AAMM	0077//3300//2244 || 0088::1133AAMM	0077//3300//2244 || 0088::1133AAMM

0088//0055//2244 || 0022::2255PPMM

Lake B19
Caren Constantino | 08/05/24 | 02:27PM

0077//3300//2244 || 0088::1133AAMM	0077//3300//2244 || 0088::1133AAMM	0077//3300//2244 || 0088::1133AAMM	0077//3300//2244 || 0088::1133AAMM

0077//3300//2244 || 0088::1133AAMM	0088//0055//2244 || 0022::2277PPMM

Lake B17
Caren Constantino | 08/05/24 | 02:35PM

0077//3300//2244 || 0088::1133AAMM	0077//3300//2244 || 0088::1133AAMM	0077//3300//2244 || 0088::1133AAMM	0077//3300//2244 || 0088::1133AAMM

0088//0055//2244 || 0022::2288PPMM

Lake B18
Caren Constantino | 08/05/24 | 02:30PM

0077//3300//2244 || 0088::1133AAMM	0077//3300//2244 || 0088::1133AAMM	0077//3300//2244 || 0088::1133AAMM	0077//3300//2244 || 0088::1133AAMM

0088//0055//2244 || 0022::2299PPMM	0088//0055//2244 || 0022::3300PPMM

I, Caren Constantino, have reviewed and completed this report.
Caren Constantino | 08/05/24 | 02:37PM

Arborwood Community Development District
Budget vs. Actual
October 2023 through July 2024

Oct 23 - July 24	23/24 Budget	$ Over Budget	% of Budget
   
Income

01-3100 • O & M Assessments	539,278.28		539,375.00		-96.72		99.98%	
01-3812 • Debt Assessments (2018)	2,633,363.15		2,633,569.00		-205.85		99.99%	
01-3818 • Debt Assessments (2014)	618,634.30		618,715.00		-80.70		99.99%	
01-3822 • Debt Assess-Pd To Trustee-2018	-2,527,173.40		-2,528,226.00		1,052.60		99.96%	
01-3829 • Debt Asses-Pd To Trustee-2014	-593,688.30		-593,966.00		277.70		99.95%	
01-3830 • Assessment Fees	-11,715.00		-10,000.00		-1,715.00		117.15%	
01-3831 • Assessment Discounts	-141,142.24		-151,642.00		10,499.76		93.08%	
01-9400 • Other Revenue	0.00		18,000.00		-18,000.00		0.0%	
Total Income	517,556.79		525,825.00		-8,268.21		98.43%	
Expense								
01-1130 • Payroll Tax Expense	612.00		880.00		-268.00		69.55%	
01-1131 • Supervisor Fees	8,000.00		11,000.00		-3,000.00		72.73%	
01-1310 • Engineering	5,293.03		50,000.00		-44,706.97		10.59%	
01-1311 • Management Fees	33,100.00		39,720.00		-6,620.00		83.33%	
01-1313 • Website Management	1,666.60		2,000.00		-333.40		83.33%	
01-1315 • Legal Fees	6,131.50		22,000.00		-15,868.50		27.87%	
01-1318 • Assessment/Tax Roll	0.00		5,000.00		-5,000.00		0.0%	
01-1320 • Audit Fees	0.00		5,350.00		-5,350.00		0.0%	
01-1330 • Arbitrage Rebate Fee	1,000.00		2,000.00		-1,000.00		50.0%	
01-1332 • Amortization Schedule Fee	0.00		500.00		-500.00		0.0%	
01-1450 • Insurance	12,371.00		12,000.00		371.00		103.09%	
01-1480 • Legal Advertisements	1,985.16		5,500.00		-3,514.84		36.09%	
01-1512 • Miscellaneous	2,206.32		3,300.00		-1,093.68		66.86%	
01-1513 • Postage and Delivery	528.88		1,150.00		-621.12		45.99%	
01-1514 • Office Supplies	632.65		2,300.00		-1,667.35		27.51%	
01-1540 • Dues, License & Subscriptions	175.00		175.00		0.00		100.0%	
01-1555 • Trustee Fees	12,738.75		30,000.00		-17,261.25		42.46%	
01-1743 • Continuing Disclosure Fee	3,000.00		4,000.00		-1,000.00		75.0%	
01-1811 • Professional Fee & Permits	0.00		1,250.00		-1,250.00		0.0%	
01-1816 • Treeline Preserve Maint-Exotics	6,000.00		6,000.00		0.00		100.0%	

Arborwood Community Development District
Budget vs. Actual
October 2023 through July 2024

	Oct 23 - July 24		23/24 Budget	$ Over Budget	% of Budget	

01-1818 • DRI / Traffic Monitoring	
0.00		
10,000.00	
-10,000.00	
0.0%	
01-1819 • Environmentl Cnsltng-Passarella	20,281.05		22,000.00	-1,718.95	92.19%	
01-1820 • Panther Mitigation Mnt-Exotics	80,000.00		80,000.00	0.00	100.0%	
01-1822 • Street Lighting-Utility & Maint	79,791.68		10,000.00	69,791.68	797.92%	
01-1824 • Field Inspector - Somerset Only	19,987.36		25,500.00	-5,512.64	78.38%	
01-1825 • Lake Maintenance-Somerset Only	39,464.92		46,100.00	-6,635.08	85.61%	
01-1826 • Preserve Maint - Somerset Only	18,250.00		35,000.00	-16,750.00	52.14%	
01-1827 • Flowway Maintenance	0.00		4,600.00	-4,600.00	0.0%	
01-1828 • Preserve Maint (Parcel C Only)	0.00		7,000.00	-7,000.00	0.0%	
01-1829 • Lake Bank Erosion Mte(Somerset)	44,995.00		45,000.00	-5.00	99.99%	
01-1830 • Strmwtr Drains Ins/MTE-Somerset	0.00		20,000.00	-20,000.00	0.0%	
01-1831 • Strmwtr Drains Ins (Bridgetown)	0.00		2,500.00	-2,500.00	0.0%	
01-1839 • Lake Bank Inspection-Somerset	5,401.88		6,500.00	-1,098.12	83.11%	
01-1840 • Lake Bank Inspection-Bridgetown	5,701.88		6,500.00	-798.12	87.72%	
01-1850 • Capital Outlay - Small	0.00		1,000.00	-1,000.00	0.0%	
Total Expense	409,314.66		525,825.00	-116,510.34	77.84%	
Net Income	108,242.13		0.00	108,242.13	100.0%	

Note: Street Lighting - Utility & Maintenance Includes $74,590 Expenditure which was almost entirely covered by Fiscal Year 2022/2023 Insurance Claim Reimbursements.

Bank Balance As Of 7/31/24	
$	562,406.82	

Accounts Payable As Of 7/31/24	
$	24,929.87	

Other Assets As Of 7/31/24	
$	-	

Total Fund Balance As Of 7/31/24	
$	537,476.95	

Series 2014A-1 Bond Balance As Of 7/31/24	
$  4,015,000.00	

Series 2014A-2 Bond Balance As Of 7/31/24	
$	470,000.00	

Series 2018A-1 Bond Balance As Of 7/31/24	
$ 17,540,000.00	
Series 2018A-2 Bond Balance As Of 7/31/24	$  6,100,000.00	

Total Bond Balance As Of 7/31/24	
$ 28,125,000.00