Reunion East
Community Development District
Proposed Budget
FY 2023

Table of Contents

1-3

4-12

13-15

16

17

18

19

General Fund

General Fund Narrative

Replacement  & Maintenance Fund

Debt Service Fund Series 2015A

Amortization Schedule Series 2015A

Debt Service Fund Series 2021

Amortization Schedule Series 2021

Reunion East
Community Development District Proposed Budget
General Fund
Fiscal Year 2023

		Adopted Budget	Actual thru	Projected Next 6	Total thru	Proposed Budget		
	Description	FY2022	3/31/22	Months	9/30/22	FY2023		

Revenues								

Special Assessments - Tax Collector	
$1,435,176	
$1,250,330	
$184,846	
$1,435,176	
$1,435,176	
Special Assessments - Direct	$583,672	$328,557	$255,115	$583,672	$583,672	
Interest	$750	$1,050	$700	$1,750	$1,250	
Miscellaneous Income	$0	$0	$516	$516	$0	
Rental Income	$0	$8,083	$0	$8,083	$0	
Transfer In	$0	$61	$0	$61	$0	
Total Revenues	$2,019,598	$1,588,081	$441,177	$2,029,258	$2,020,098	

Expenditures						

Administrative						

Supervisor Pay	
$12,000	
$6,000	
$6,000	
$12,000	
$12,000	
FICA	$918	$459	$459	$918	$918	
Engineering	$15,000	$8,007	$15,000	$23,007	$15,000	
Attorney	$35,000	$18,701	$16,299	$35,000	$35,000	
Trustee Fees	$8,620	$0	$8,620	$8,620	$8,620	
Arbitrage	$2,400	$600	$1,800	$2,400	$2,400	
Assessment Administration	$5,000	$5,000	$0	$5,000	$5,000	
Dissemination	$10,000	$5,000	$5,000	$10,000	$10,000	
Property Appraiser Fee	$1,000	$799	$0	$799	$1,000	
Property Taxes	$400	$43	$0	$43	$400	
Annual Audit	$5,700	$7,700	$0	$7,700	$5,800	
District Management Fees	$44,275	$22,137	$22,137	$44,275	$46,489	
Information Technology	$1,400	$700	$700	$1,400	$1,600	
Website Maintenance	$800	$400	$400	$800	$1,000	
Telephone	$300	$0	$50	$50	$300	
Postage	$1,500	$161	$589	$750	$1,500	
Printing & Copies	$1,500	$590	$660	$1,250	$500	
General Liability Insurance	$15,950	$14,986	$0	$14,986	$18,000	
Legal Advertising	$5,000	$581	$4,419	$5,000	$5,000	
Other Current Charges	$600	$35	$228	$263	$600	
Office Supplies	$500	$66	$84	$150	$500	
Travel Per Diem	$250	$0	$0	$0	$250	
Dues, Licenses & Subscriptions	$175	$175
.	$0	$175	$175	
Administrative Expenses	$168,288	$92,142	$82,445	$174,587	$172,052	

Maintenance - Shared Expenses						

Field Maintenance	
$37,538	
$18,769	
$18,769	
$37,538	$39,415 1	
Management Services Agreement	$21,430	$12,919	$12,919	$25,838	$17,144 2	
Facility Lease Agreement	$3,593	$3,610	$0	$3,610	$0 3	
Telephone	$6,858	$3,697	$3,720	$7,417	$7,913 4	
Electric	$355,535	$143,765	$143,760	$287,525	$311,040 5	
Water & Sewer	$42,200	$16,111	$16,500	$32,611	$38,186 6	
Gas	$40,618	$20,769	$8,700	$29,469	$43,150 7	
Pool & Fountain Maintenance	$118,688	$57,767	$50,520	$108,287	$139,788 8	
Environmental	$12,054	$3,236	$2,674	$5,910	$8,440 9	
Property Insurance	$29,013	$32,692	$0	$32,692	$39,048 10	
Irrigation Repairs & Maintenance	$8,572	$1,463	$3,960	$5,423	$8,572 11	
Landscape Contract	$503,702	$264,083	$308,613	$572,696	$706,547 12	
Landscape Contingency	$26,375	$1,307	$8,250	$9,557	$26,375 13	
Gate and Gatehouse Expenses	$16,880	$11,974	$10,800	$22,774	$26,375 14	
Roadways/Sidewalks/Bridge	$26,375	$7,068	$6,500	$13,568	$13,188 15	
Lighting	$5,275	$0	$5,000	$5,000	$5,275 16	
Building Repairs & Maintenance	$13,188	$12	$7,500	$7,512	$10,550 17	
Pressure Washing	$18,463	$16,722	$0	$16,722	$18,463 18	
Maintenance (Inspections)	$0	$0	$0	$0	$264 19	
Repairs & Maintenance	$10,550	$4,611	$1,500	$6,111	$13,188 20	
Contract Cleaning	$0	$0	$0	$0	$34,288 21	
Fitness Center Repairs & Maintenance	$0	$0	$0	$0	$2,638 22	
Operating Supplies	$0	$0	$0	$0	$2,638 23	
Signage	$13,188	$321	$0	$321	$5,275 24	
Security	$73,850	$37,100	$37,100	$74,200	$77,543 25	
Parking Violation Tags	$264	$0	$50	$50	$264 26	
Total Maintenance Shared	$1,384,206	$657,994	$646,835	$1,304,829	$1,595,562	

Reunion East
Community Development District Proposed Budget
General Fund
Fiscal Year 2023

	Adopted Budget	Actual thru	Projected Next 6	Total Thru	Proposed Budget	
Description	FY2022	3/31/22	Months	9/30/22	FY2023	

Seven Eagles
Electric	$14,559	$4,180	$6,431	$10,611	$0 27
Water & Sewer	$6,881	$2,135	$2,100	$4,235	$0 28
Gas	$8,546	$5,216	$6,600	$11,816	$0 29
Telephone / Emergency Pool Phone	$185	$0	$0	$0	$0 30
Contract Cleaning	$27,118	$16,280	$16,290	$32,570	$0 31
Landscape Contract		$9,495		$5,530		$4,500	$10,030	$0 32 Landscape Contingency		$2,638			$0		$2,500		$2,500	$0 33 Pool Maintenance	$18,357	$15,758	$13,722	$29,480	$0 34
Lighting		$791		$0		$500		$500	$0 35 Fitness Center Repairs & Maintenance		$791	$265	$1,832	$2,097	$0 36 Operating Supplies	$6,594		$0	$1,000	$1,000	$0 37
Pest Control	$222	$0	$0	$0	$0 38
Repairs & Maintenance	$3,165	$1,190	$3,557	$4,747	$0 39

Total SE Community Center Shared	$99,340	$50,554	$59,032	$109,586	$0

Maintenance - Direct Expenses
Irrigation System Operations	$100,000		$0	$0		$0	$100,000 Transfer Out - R&M Fund	$267,764	$267,764	$0	$267,764	$151,484

Total Maintenance Expenses	$367,764	$267,764	$0	$267,764	$251,484

Total Expenses	$2,019,598	$1,068,453	$788,312	$1,856,765	$2,019,098

Excess Revenues (Expenditures)	$0	$519,628	($347,136)	$172,493	$1,000

Net Assessments	$2,024,761	
Add: Discounts & Collections		$129,240 	
Gross Assessments	$2,154,001	

Notes:
(1 thru 39) is 53% of the shared costs with the remaining 47% allocated to Reunion West for FY22. For FY23, (1 thru 26) the proposed allocation will be 53% of the shared costs for Reunion East with the remaining 47% allocated to Reunion West.

FY 2022
Budget	FY 2022
Projections	Total Proposed 2023 Budget	Reunion East 53%	Reunion West 47%	
$71,163	$71,163	$74,721	$39,415	$35,306	
$40,625	$48,750	$32,500	$17,144	$15,356	
$6,811	$6,811	$0	$0	$0	
$13,000	$13,994	$15,000	$7,913	$7,088	
$674,000	$540,266	$589,650	$311,040	$278,610	
$80,000	$60,956	$72,390	$38,186	$34,204	
$77,000	$55,603	$81,800	$43,150	$38,651	
$225,000	$206,057	$265,000	$139,788	$125,213	
$22,852	$11,151	$16,000	$8,440	$7,560	
$55,000	$61,683	$74,025	$39,048	$34,977	
$16,250	$10,231	$16,250	$8,572	$7,678	
$954,886	$1,080,557	$1,339,425	$706,547	$632,878	
$50,000	$18,032	$50,000	$26,375	$23,625	
$32,000	$42,968	$50,000	$26,375	$23,625	
$50,000	$24,302	$25,000	$13,188	$11,813	
$10,000	$9,434	$10,000	$5,275	$4,725	
$25,000	$14,174	$20,000	$10,550	$9,450	
$35,000	$31,550	$35,000	$18,463	$16,538	
$0	$0	$500	$264	$236	
$20,000	$12,068	$25,000	$13,188	$11,813	
$0	$0	$65,000	$34,288	$30,713	
$0	$0	$5,000	$2,638	$2,363	
$0	$0	$5,000	$2,638	$2,363	
$25,000	$605	$10,000	$5,275	$4,725	
$140,000	$140,000	$147,000	$77,543	$69,458	
$500	$94	$500	$264	$236	
$2,624,087	$2,460,449	$3,024,761	$1,595,562	$1,429,200	

$27,600	
$21,305	
$0	
$0	
$0	
$13,044	$7,988	$0	$0	$0	
$16,200	$22,295	$0	$0	$0	
$350	$0	$0	$0	$0	
$51,408	$61,453	$0	$0	$0	
$18,000	$18,924	$0	$0	$0	
$5,000	$4,717	$0	$0	$0	
$34,800	$55,191	$0	$0	$0	
$1,500	$944	$0	$0	$0	
$1,500	$3,956	$0	$0	$0	
$12,500	$1,888	$0	$0	$0	
$420	$0	$0	$0	$0	
$6,000	$8,419	$0	$0	$0	
$188,322	$207,079	$0	$0	$0	
		
$2,812,409	$2,667,528	$3,024,761	$1,595,562	$1,429,200	

Shared Costs

Field Maintenance
Management Services Agreement
Facility Lease Agreement
Telephone
Electric
Water & Sewer
Gas
Pool & Fountain Maintenance
Environmental
Property Insurance
Irrigation Repairs & Maintenance 12 Landscape Contract
Landscape Contingency
Gate and Gatehouse Expenses 15 Roadways/Sidewalks/Bridge
Lighting
Building Repairs & Maintenance 18 Pressure Washing
19 Maintenance (Inspections) 20 Repairs & Maintenance 21 Contract Cleaning
22 Fitness Center & Repairs & Maintenance 23 Operating Supplies
Signage
Security
Parking Violation Tags
Subtotal
Seven Eagles
Electric
Water & Sewer 29 Gas
30 Telephone / Emergency Pool Phone 31 Contract Cleaning
Landscape Contract
Landscape Contingency
Pool Maintenance
Lighting
Fitness Center & Repairs & Maintenance 37 Operating Supplies
Pest Control
Repairs & Maintenance
Subtotal

TOTAL

Reunion East
Community Development District Proposed Budget
General Fund
Fiscal Year 2023

FISCAL YEAR 2023

Reunion East Projected EAU Administrative & Maintenance Calculation

Product Type	
EAU	
Units	Total EAU	% of EAU	Total
Assessments	Per Unit Gross Assessments	
Commercial	1.00	751	751.38	14.76%	$317,860	$423.03	
Hotel/Condo	1.00	296	296.00	5.81%	$125,218	$423.03	
Multi-Family	1.50	1293	1939.50	38.09%	$820,476	$634.55	
Single-Family	2.00	1051	2102.00	41.28%	$889,220	$846.07	
Golf	1.00	2.90	2.90	0.06%	$1,227	$423.03	
		3,394	5091.78	100.00%	$2,154,001		

FISCAL YEAR 2022

Reunion East Projected EAU Administrative & Maintenance Calculation

Product Type	
EAU	
Units	Total EAU	% of EAU	Total
Assessments	Per Unit Gross Assessments	
Commercial	1.00	751	751.38	14.76%	$317,860	$423.03	
Hotel/Condo	1.00	296	296.00	5.81%	$125,218	$423.03	
Multi-Family	1.50	1293	1939.50	38.09%	$820,476	$634.55	
Single-Family	2.00	1051	2102.00	41.28%	$889,220	$846.07	
Golf	1.00	2.90	2.90	0.06%	$1,227	$423.03	
		3,394	5091.78	100.00%	$2,154,001		

GROSS PER UNIT ASSESSMENT COMPARISON CHART

Product Type	FY2019
Gross Per Unit Assessments	FY2020
Gross Per Unit Assessments	FY2021
Gross Per Unit Assessments	FY2022
Gross Per Unit Assessments	FY2023
Gross Per Unit Assessments	
Increase/ (Decrease)	
Commercial	$327.63	$423.03	$423.03	$423.03	$423.03	$0.00	
Hotel/Condo	$327.63	$423.03	$423.03	$423.03	$423.03	$0.00	
Multi-Family	$491.45	$634.55	$634.55	$634.55	$634.55	$0.00	
Single-Family	$655.27	$846.07	$846.07	$846.07	$846.07	($0.00)	
Golf	$327.63	$423.03	$423.03	$423.03	$423.03	$0.00	

REVENUES:

Special Assessments – Tax Collector
The District will levy a non-ad valorem special assessment on all taxable property within the District to fund all general operating and maintenance expenditures for the fiscal year. These assessments are billed on tax bills.

Special Assessments – Direct
The District will levy a non-ad valorem special assessment on all taxable property within the District to fund all general operating and maintenance expenditures for the fiscal year. The District levies these assessments directly to the property owners.

Interest
The District generates funds from invested funds.

Rental Income
The District charges rental fees for the special use of certain amenities throughout the District.

EXPENDITURES:

Administrative:

Supervisor Pay
Chapter 190 of the Florida Statutes allows for a member of the Board of Supervisors to be compensated
$200 per meeting, not to exceed $4,800 per year to each Supervisor for the time devoted to District business and meetings. Amount is based on attendance of 5 Supervisors at 12 monthly Board meetings.

FICA Expenses
Represents the Employer's share of Social Security and Medicare taxes withheld from Board of Supervisors checks.

Engineering
The District’s engineer, Boyd Civil Engineering, will be providing general engineering services to the District, e.g., attendance and preparation for monthly board meetings, reviewing invoices, preparation of contract specifications and bid documents, and various projects assigned by the Board of Supervisors and District Manager.

Attorney
The District’s legal counsel, Latham, Luna, Eden & Beaudine, LLP, will be providing general legal services to the District, e.g., attendance and preparation for monthly meetings, preparation and review of agreements and resolutions and other research as directed by the Board of Supervisors and the District Manager.

Trustee Fees
The District issued Series 2015A & 2021 Special Assessment Refunding Bonds, which are held with a Trustee at US Bank. The amount of the trustee fees is based on the agreement between US Bank and the District.

Arbitrage
The District is required to annually have an arbitrage rebate calculation on the District’s Series 2002A-2 Special Assessment Bonds, the Series 2005 Special Assessment Bonds, the Series 2015A Special Assessment Refunding Bonds and the Series 2021 Special Assessment Bonds. The District has contracted with Grau & Associates to calculate the rebate liability and submit a report to the District.

Assessment Administration
The District has contracted with Governmental Management Services-Central Florida, LLC to levy and administer the collection of non-ad valorem assessment on all assessable property within the District.

Dissemination
The District is required by the Securities and Exchange Commission to comply with Rule 15(c)(2)- 12(b)(5), which relates to additional reporting requirements for un-rated bond issues. The District has contracted with Governmental Management Services, LLC, the District’s bond underwriter, to provide this service.

Property Appraiser Fee
Represents a fee charged by Osceola County Property Appraiser’s office for assessment administration services.

Property Taxes
Represents estimated fees charged by the Osceola County Tax Collector’s Office for all assessable property within the District.

Annual Audit
The District is required annually to conduct an audit of its financial records by an Independent Certified Public Accounting Firm. The District hired Grau & Associates to audit the financials records.

District Management Fees
The District receives Management, Accounting and Administrative services as part of a Management Agreement with Governmental Management Services – Central Florida, LLC. (“Manager”) These services include, but are not limited to, advertising, recording and transcribing of Board meetings, administrative services, budget preparation, financial reporting and assisting with annual audits.

Information Technology
The District has contracted with Governmental Management Services-Central Florida, LLC for costs related to the District’s information systems, which include but are not limited to video conferencing services, cloud storage and servers, security, accounting software, etc.

Website Maintenance
The District has contracted with Governmental Management Services-Central Florida, LLC for the costs associated with monitoring and maintaining the District’s website created in accordance with Chapter 189, Florida Statutes. These services include site performance assessments, security and firewall maintenance, updates, document uploads, hosting and domain renewals, website backups, etc.

Telephone
Telephone and fax machine.

Postage
The District incurs charges for mailing of Board materials, overnight deliveries, checks for vendors and other required correspondence.

Printing & Copies
Printing and copies for Board meetings, printing of computerized checks, stationary, envelopes, etc.

General Liability Insurance
The District’s general liability and public officials’ liability insurance coverage is provided by Florida Insurance Alliance (FIA) who specializes in providing insurance coverage to governmental agencies.

Legal Advertising
The District is required to advertise various notices for monthly Board meetings, public hearings, etc. in a newspaper of general circulation.

Other Current Charges
Represents any miscellaneous expenses incurred the fiscal year such as bank fees, deposit slips, stop payments, etc.

Office Supplies
The District incurs charges for office supplies that need to be purchased during the fiscal year.

Travel Per Diem
The Board of supervisors can be reimbursed for travel expenditures related to the conducting of District business.

Dues, Licenses & Subscriptions
The District is required to pay an annual fee to the Florida Department of Economic Opportunity of $175. This is the only expense under this category for the District.

Maintenance:

53% of the maintenance costs are allocated to Reunion East and 47% are allocated to Reunion West during Fiscal Year 2022. The District will remain at 53% of the maintenance costs to Reunion East and 47% to Reunion West during Fiscal Year 2022. The maintenance costs are considered shared costs between the two districts and are allocated based on the number of platted equivalent assessment units (EAUs) in each district in accordance with the Interlocal Agreement between Reunion East and Reunion West regarding the joint maintenance and reciprocal usage of facilities.

Field Management
The District currently has a contract with Governmental Management Services-CF, LLC to provide onsite field management services. Services to include onsite inspections, meetings with contractors, monitoring of utility accounts, attend Board meetings and receive and respond to property owner phone calls and emails.

Management Service Agreement
Management Service Agreement between the District and Kingwood Orlando Reunion Resort, LLC for management and operations of certain District facilities.

Telephone
This is for service for phone lines to the pool houses and guard houses.

Account #	Centurylink Service Address	
311194330	7621 Heritage Crossing Way	
311194956	7500 Morning Dove Circle	
312323516	7599 Gathering Drive	
311906997	7475 Gathering Drive	
425626040	1590 Reunion Boulevard	
491122540	700 Tradition Boulevard	
450054870	700 Tradition Boulevard	

Electric
The District has electrical accounts with Duke Energy and OUC for the recreation facilities, streetlights and other District areas.

Account #	Duke Energy Service Address
9100 8652 2608	7722 Excitement Dr Spkl, Reunion
9100 8652 2830	7500 Mourning Dove Cir Bath (Terraces)
9100 8656 3318	7477 Excitement Dr Spkl
9100 8656 5972	1300 Reunion Blvd, Irrigation
9100 8656 6717	900 Assembly Ct Spkl 900 Blk
9100 8659 9815	7399 Gathering Dr, Irrigation
9100 8647 7931	7475 Gathering Dr, Pool (Homestead Pool)
9100 8647 8156	000 Heritage Xing Lite (98-Heritage Crossing St. Lights)
9100 8647 8354	7500 Gathering Dr, Irrigation Timer
9100 8647 8601	1535 Euston Dr Spkl
9100 8647 8784	1400 Titian Ct Spkl
9100 8651 9025	7400 Excitement Dr Security Control
9100 8651 9265	7200 Reunion Blvd, Irr Timer
9100 8651 9546	15221 Fairview Circle Fountain
9100 8651 9778	00 Excitement Dr Lite Light Ph2 Pr3 (40-Patriots Landing St. Lights) 9100 8652 0010	000 Centre Court Ridge Dr Lite (33-Centre Court Ridge St. Lights) 9100 8652 0268	1364 Seven Eagles Ct., Pool 50 Ft. Right of CB HS
9100 8652 0474	7400 Excitement Dr Lite
9100 8652 0763	000 Seven Eagles Ct, Seven Eagles Lights (21 Tenon Conc/24 HH Trdrop 12000L)
9100 8652 1011	1350 S Old Lake Wilson Rd (Spine Rd/Hwy 545 Gatehouse)
9100 8652 1235	7621 Heritage Crossing Way, Pool
9100 8652 1441	7300 Mourning Dove Cir, Irrigation (Terraces)
9100 8652 1673	7421 Devereaux St Spkl
9100 8652 1912	7600 Tradition Blvd, Irrigation Meter A
9100 8652 2145	7477 Gathering Dr Spkl
9100 8652 2377	000 Assembly Ct Lite, Carriage Point (27-Carriage Pointe Assembly Ct. St. Lights)

Account #	Duke Energy Service Address
9100 8656 3079	7600 Heritage Crossing Way Pump
9100 8656 3590	7500 Seven Eagles Way Spkl
9100 8656 3847	7693 Heritage Cross. Way Poolhouse
9100 8656 4096	1400 Reunion Blvd Spkl, Irrigation
9100 8656 4319	000 Whitemarsh Way Lite (94-Masters Landing, Legends Corner St. Lights)
9100 8656 4583	7585 Assembly Ln, Pool (Carriage Pointe)
9100 8656 4781	7500 Mourning Dove Cir Irrig (Terraces)
9100 8656 5047	000 Old Lake Wilson Rd Lite, Ph2 Parcel 13
9100 8656 5302	0 Old Lake Wilson Rd Lite Ph2 Prcl 1A (26-Excitement Dr. St. Lights) 9100 8656 5534	1300 Seven Eagles Ct., Fountain
9100 8656 6444	7700 Linkside Loop Spkl
9100 8656 6957	0 Old Lake Wilson Rd Lite PH2 Prcl 1 (10-Excitement Dr. St. Lights)
9100 8659 9170	7755 Osceola Polk Line Rd,Gatehouse (Main Gatehouse)
9100 8659 9378	7600 Tradition Blvd, Irrigation Meter C
9100 8659 9592	700 Desert Mountain Ct Lift
9101 2363 2152	1491 Reunion Village Blvd., Gatehouse
9100 8562 9753	000 Reunion Blvd Traditions Blvd (30-Traditions Blvd St. Lights)
9100 8562 8736	84401 Golden Bear Drive Fountain
9100 8562 8976	700 Tradition Blvd Guardhouse (Westside Gatehouse)
9100 8562 9224	000 Reunion Blvd Par78 (Grand Traverse Pkwy) (84-Westside of RW Streets) 9100 8562 9480	7615 Fairfax Rd. Gate
9100 8562 9993	7800 Tradition Blvd Irrig Meter B
9100 8568 0095	97201 Golden Bear Dr., Monument
9100 8563 0269	300 Sinclair Rd Irrig Meter A
9100 8563 0508	7800 Tradition Blvd Irrig Meter A

7855 Osceola Polk Line Rd
Sinclair Rd

76305-72865
95820-59007

OUC Service Address

Account #

Water & Sewer
The District has accounts with Toho Water Authority for water and wastewater services to the pools, pool buildings, guardhouses and other District areas.

Account #	Toho Water Authority Service Address	
2000680-33266729	1500 Euston ODD Drive	
2000680-33276319	1491 Reunion Village Boulevard	
2000680-818450	7755 Reunion Blvd Guardhouse	
2000680-820140	1344 Seven Eagles Court Pool	
2000680-823950	7300 Osceola Polk Line Rd Bldg 1	
2000680-823960	7300 Osceola Polk Line Rd Bldg 2	
2000680-887520	7475 Gathering Dr Pool	
2000680-888050	7621 Heritage Crossing Way PoolB	
2000680-888070	7693 Heritage Crossing Way Pool	
2000680-888280	7585 Assembly Ln Pool	
2000680-925360	7500 Mourning Dove Cir Irrig	
2000680-940460	7500 Mourning Dove Cir Bath	
2000680-942790	1350 S Old Lake Wilson Rd Grdhouse	
2007070-33020489	7615 Fairfax Drive Guardhouse	
2007070-942780	700 Tradition Blvd Guardhouse	

Gas
This item represents utility service costs for gas service at the community pools. The District has accounts with Gas South and Teco Peoples Gas for this service.

Account #	Gas South Service Address	
0861412280	Heritage Crossing Pool B	
1965200079	1364 Seven Eagles Ct	
5973225156	Heritage Crossing Pool A	
6097984974	Homestead Pool	
8086389354	Carriage Point Pool	

Account #	Teco Peoples Gas Service Address	
211010319849	7693 Heritage Crossing Way	
211010400144	7621 Heritage Crossing Way	
211010400342	7585 Assembly Ln	
211010400532	7475 Gathering Dr	
221003460526	7500 Morning Dove Circle	
211022021771	1364 Seven Eagles Court	

Pool & Fountain Maintenance
Scheduled maintenance consists of regular cleaning and treatments of pools and fountains, cleaning of pool buildings and emergency phones. Pools are maintained in accordance to Osceola County Health Department codes. District has contracted with Roberts Pool for this service.

Description	Monthly	Annual	
Pool Maintenance - Roberts Pool	$13,000	$156,000	
Annual Fees - Kings III of America		$3,000	
Annual Permit Fees - Fl. Dept. of Health		$3,550	
Pool Cleaning - Reunion Resort	$3,300	$39,600	
Contingency - Misc. Repairs			$62,850 	
Total		$265,000	

Environmental
The District currently has a contract with Applied Aquatic Management Inc., which provides lake maintenance to all the lakes inside the Reunion East and West CDDs. These services include monthly inspections and treatment of aquatic weeds and algae, herbicide spraying, and algae control and removal. The amount also includes unscheduled maintenance. In addition, there are budgeted cost for the future treatment and maintenance of Conservation Areas Easements including Wetland Preservation, Upland Preservation, and Upland Buffers of approximately 294 acres.

Description	Monthly	Annual	
Aquatic Plant Management			
1 Pond - Patriots Landing	$129	$1,548	
2 Stormwater Retention Ponds 1 Reunion Village	$385	$4,620	
1 Stormwater Retention Pond - Encore Reunion	$195	$2,340	
1 Stormwater Retention Pond - Grand Traverse	$132	$1,584	
Contingency - Test America			$5,908 	
Total		$16,000	

Property Insurance
Represents the District’s share of the annual coverage of property insurance. Coverage is provided by Florida Insurance Alliance.

Irrigation Repairs & Maintenance
Represents the District expense for maintenance of the irrigation system.

Landscape Contract
The District currently has a contract with Yellowstone Landscape for scheduled maintenance consisting of mowing, edging, blowing, applying pest and disease control chemicals to sod, mulching once per year, applying fertilizer and pest and disease control and chemicals.

Description	Monthly	Annual	
Landscape Contract			
Common Area - Yellowstone Landscape	$62,122	$745,466	
Seven Eagles - Yellowstone Landscape	$1,415	$16,980	
Reunion Village 1-3 - Yellowstone Landscape	$8,500	$102,000	
Reunion Village 4-5 - Yellowstone Landscape	$6,383	$76,596	
Bedding Plants/Bed Dressing/Palm Trimming - YS		$153,000	
Encore Area - Creative North Inc.	$15,133	$181,600	
Contingency			$63,783 	
Total		$1,339,425	

Landscape Contingency
Represents estimated costs for any additional landscape maintenance not covered/outlined in the contract with Yellowstone Landscape.

Gate & Gatehouse Expenses
Amounts based upon estimated expenditures for any repairs and maintenance to entry gates and gatehouse.

Roadways/Sidewalks/Bridge
Represents estimated expenditures for any maintenance of roadways, sidewalks and bridge.

Lighting
Represents costs for lighting repair scheduled during the fiscal year.

Building Repairs & Maintenance
Repairs for properties covered under the Management Services Agreement.

Pressure Washing
Estimated cost to pressure wash certain buildings and guardhouses owned by the District.

Maintenance (Inspections)
Represents quarterly sprinkler inspections, annual fire backflow and domestic backflow inspections and any unforeseen maintenance at Seven Eagles.

Repairs & Maintenance
Represents estimated costs for any unforeseen repairs and maintenance to the common areas.

Contract Cleaning
Represents estimated costs for monthly janitorial services to the Seven Eagles Amenity Center. District has contracted with Reunion Club of Orlando, LLC for this service.

Fitness Center Repairs & Maintenance
Represents costs for preventative maintenance for the Seven Eagles Fitness Center. Services will consist of 12 visits during the fiscal year. District has contracted with Fitness Services of Florida, Inc. for this service.

Description	Monthly	Annual	
Preventative Maintenance	$275	$3,300	
Contingency - Misc. Repairs			$1,700 	
Total		$5,000	

Operating Supplies
Represents estimated costs for cleaning/janitorial supplies for Seven Eagles.

Signage
Represents estimated costs for repairing/maintaining signs within the District.

Security
Security services throughout the District facilities. Costs are based upon the actual security agreements with the District.

Parking Violation Tags
Represents estimated costs for purchase of parking violation tags.

Maintenance – Direct Expenses

Irrigation System Operations
Represents estimated net operating expenses for irrigation system serving CDD and POA common areas and Golf Course.

Transfer Out – R&M Fund
Represents proposed amount to transfer to Replacement & Maintenance Fund.

	Adopted
Budget	Actual
thru	Projected
Next 6	Total
thru	Proposed
Budget	
Description	FY2022	3/31/22	Months	9/30/22	FY2023	

Revenues						
Transfer In	$267,764	$267,764	$0	$267,764	$151,484	
Interest	$4,500	$2,514	$2,000	$4,514	$4,500	
Total Revenues	$272,264	$270,278	$2,000	$272,278	$155,984	

Expenditures						
Contingency	$100	$210	$228	$438	$500	
Building Improvements	$127,391	$0	$127,923	$127,923	$70,085	
Fountain Improvements	$5,275	$0	$0	$0	$2,638	
Gate/Gatehouse Improvements	$51,695	$10,198	$0	$10,198	$184,361	
Monument Inprovements	$5,275	$0	$0	$0	$2,638	
Pool Furniture	$13,188	$6,854	$0	$6,854	$7,913	
Pool Repair & Replacements	$27,430	$6,887	$23,967	$30,854	$13,188	
Lighting Improvements	$2,638	$0	$0	$0	$2,638	
Landscape Improvements	$26,375	$0	$0	$0	$13,188	
Irrigation Improvements	$13,188	$0	$0	$0	$6,594	
Roadway Improvements	$26,375	$5,210	$17,344	$22,554	$14,665	
Signage	$34,288	$7,314	$26,786	$34,100	$26,375	
Capital Outlay	$131,875	$33,021	$102,421	$135,442	$52,750	

Seven Eagles						

Fountain Improvements	
$0	
$0	
$8,264	
$8,264	
$0	
Gate/Gatehouse Improvements	$2,638	$0	$0	$0	$0	
Pool Furniture	$7,913	$0	$0	$0	$0	
Pool Repair & Replacements	$0	$3,070	$0	$3,070	$0	
Landscape Improvements	$2,638	$0	$0	$0	$0	
Capital Outlay	$0	$10,634	$0	$10,634	$0	
Total Expenditures	$478,279	$83,399	$306,933	$390,331	$397,529	
						
Excess Revenues/(Expenditures)	($206,015)	$186,879	($304,933)	($118,054)	($241,545)	
						
Fund Balance - Beginning	$3,570,146	$3,538,754	$0	$3,538,754	$3,420,700	
						
Fund Balance - Ending	$3,364,131	$3,725,633	($304,933)	$3,420,700	$3,179,155	

1
2
3
4
5
6
7
8
9
10
11
12

13
14
15
16
17
18

Notes:
(1 thru 12) is 53% of the shared costs with the remaining 47% allocated to Reunion West for FY22. For FY23, the proposed allocation will be 53% of the shared costs for Reunion East with the remaining 47% allocated to Reunion West.

FY 2022
Budget	FY 2022
Projections	Total Proposed
2023 Budget	Reunion East
53%	Reunion West
47%	
$241,500	$241,365	$132,862	$70,085	$62,777	
$10,000	$0	$5,000	$2,638	$2,363	
$98,000	$19,242	$349,500	$184,361	$165,139	
$10,000	$0	$5,000	$2,638	$2,363	
$25,000	$12,932	$15,000	$7,913	$7,088	
$52,000	$58,215	$25,000	$13,188	$11,813	
$5,000	$0	$5,000	$2,638	$2,363	
$50,000	$0	$25,000	$13,188	$11,813	
$25,000	$0	$12,500	$6,594	$5,906	
$50,000	$42,555	$27,800	$14,665	$13,136	
$65,000	$64,340	$50,000	$26,375	$23,625	
$250,000	$255,550	$100,000	$52,750	$47,250	
$881,500	$694,198	$752,662	$397,029	$355,633	

$0	
$15,592	
$0	
$0	
$0	
$5,000	$0	$0	$0	$0	
$15,000	$0	$0	$0	$0	
$0	$5,792	$0	$0	$0	
$5,000	$0	$0	$0	$0	
$0	$20,065	$0	$0	$0	
$25,000	$5,792	$0	$0	$0	
		
$906,500	$699,990	$752,662	$397,029	$355,633	

Shared Costs

Building Improvements
Fountain Improvements
Gate/Gatehouse Improvements
Monuments Improvements
Pool Furniture
Pool Repair & Replacements
Lighting Improvements
Landscape Improvements
Irrigation Improvements 10 Roadway Improvements 11 Signage
Capital Outlay Subtotal Seven Eagles
Fountain Improvements
Gate/Gatehouse Improvements
Pool Furniture
Pool Repair & Replacements 17 Landscape Improvements 18 Capital Outlay
Subtotal

TOTAL

Reunion East
Community Development District Proposed Budget
Replacement & Maintenance Fund
Fiscal Year 2023

Updated FY2022 Adopted Expenses	Total	RE 53%	RW 47%	
Building Improvements				
Main Guardhouse Structure & Portico - Pressure Wash, Paint, Stucco	$9,245	$4,900	$4,345	
Spine Rd Structure & Portico - Pressure Wash, Paint, Stucco	$8,450	$4,479	$3,972	
Carriage Pointe Pool - Pressure Wash, Paint, Stucco	$7,895	$4,184	$3,711	
Heritage Pool "A" - Pressure Wash, Paint, Stucco	$8,245	$4,370	$3,875	
Heritage Pool "B" - Pressure Wash, Paint, Stucco	$8,245	$4,370	$3,875	
Homestead Pool - Pressure Wash, Paint Stucco	$7,895	$4,184	$3,711	
Repair/Rebuild Two Roadway Arbors	$9,390	$4,977	$4,413	
Seven Eagles Roof Replacement	$167,000	$88,510	$78,490	
Homestead Pool Pavilion Roof Repairs	$15,000	$7,950	$7,050	
	$241,365	$127,923	$113,442	
Fountain Improvement				
Resurface Two Seven Eagles Fountains	$15,592	$8,264	$7,328	
	$15,592	$8,264	$7,328	
Pool Furniture				
30 Sling Chaise Lounge/16 Sling Dining Chairs/4 - 48" Tables	$13,032	$6,907	$6,125	
	$13,032	$6,907	$6,125	
Pool Repair & Replacement				
Heritage Crossing A Wading Pool Resurfacing	$5,295	$2,806	$2,489	
Heritage Crossing B Pool Resurfacing	$30,882	$16,367	$14,515	
3 Pool Heaters - $4,945 per Heater	$14,835	$7,863	$6,972	
	$51,012	$27,036	$23,976	
Signage				
No Parking Signs	$64,340	$34,100	$30,240	
	$64,340	$34,100	$30,240	
Capital Outlay				
Grand Traverse Parkway Playground	$142,000	$75,260	$66,740	
Grand Traverse Parkway Outdoor Fitness Area	$107,000	$56,710	$50,290	
	$249,000	$131,970	$117,030	

FY2023 Proposed Expenses	Total	RE 53%	RW 47%	
Building Improvements				
HC Unit 1 - 12.5 Ton Trane Package unit AC w/Electric Heat	$23,460	$12,375	$11,085	
HC Unit 2 - 12.5 Ton Trane Package unit AC w/Electric Heat	$23,460	$12,375	$11,085	
HC Unit 3 - 12.5 Ton Trane Package unit AC w/Electric Heat	$23,460	$12,375	$11,085	
HC Unit 4 - 12.5 Ton Trane Package unit AC w/Electric Heat	$23,460	$12,375	$11,085	
HC Unit 5 - 10 Ton Trane Package unit AC w/Electric Heat	$19,511	$10,292	$9,219	
HC Unit 6 - 10 Ton Trane Package unit AC w/Electric Heat	$19,511	$10,292	$9,219	
	$132,862	$70,085	$62,777	
Gate Improvement				
Upgrade Access Control System for Reunion Resort/Reunion Village North & South Gates	$349,474	$184,348	$165,126	
	$349,474	$184,348	$165,126	
Pool Furniture				
30 Sling Chaise Lounge/24 Sling Dining Chairs/6 - 48" Tables	$15,000	$7,913	$7,088	
	$15,000	$7,913	$7,088	
Roadways/Sidewalks Improvements				
Tradition Boulevard Restriping Entrance Gate to Roundabout	$27,800	$14,665	$13,136	
	$27,800	$14,665	$13,136	
Signage				
Qty.46 - No Parking Anytime Signs	$21,760	$11,478	$10,282	
Driver Feedback Sign, Solar 20W/2x10AH, 11" Display - 23x29 Sign	$18,870	$9,954	$8,916	
	$40,630	$21,432	$19,198	

Reunion East
Community Development District Proposed Budget
Series 2015A Debt Service
Fiscal Year 2023

	Adopted
Budget	Actual
thru	Projected
Next 6	Total
thru	Proposed
Budget	
Description	FY2022	3/31/22	Months	9/30/22	FY2023	

Revenues						
Special Assessments	$2,568,595	$2,183,477	$385,118	$2,568,595	$2,568,595	
Interest Income	$50	$54	$36	$90	$50	
Carry Forward Surplus	$936,399	$955,391	$0	$955,391	$913,826	
Total Revenue	$3,505,044	$3,138,922	$385,154	$3,524,076	$3,482,471	

Expenditures						
Interest Expense 11/01	$580,125	$580,125	$0	$580,125	$543,875	
Principal Expense 05/01	$1,450,000	$0	$1,450,000	$1,450,000	$1,525,000	
Interest Expense 05/01	$580,125	$0	$580,125	$580,125	$543,875	
Total Expenses	$2,610,250	$580,125	$2,030,125	$2,610,250	$2,612,750	
						
EXCESS REVENUES	$894,794	$2,558,797	($1,644,971)	$913,826	$869,721	
				
11/1/2023 Interest	
$505,750	
				Net Assessments	$2,568,595	
Add: Discounts & Collections 		$163,953  Gross Assessments 	$2,732,548 

Reunion East Projected EAU Calculation 2015A		
			Total	% of	Total	Per Unit Gross	
Product Type	EAU	Units	EAU	EAU	Assessments	Assessments	
Commercial	1.00	58.78	58.78	1.67%	$45,654	$777	
Multi-Family	1.50	1,287.00	1,930.50	54.87%	$1,499,407	$1,165	
Single-Family	2.00	763.00	1,526.00	43.37%	$1,185,234	$1,553	
Golf	1.00	2.90	2.90	0.08%	$2,252	$777	
		2,111.68	3,518.18	100.00%	$2,732,548		

Series 2015A Special Assessment Refunding Bonds Debt Service Schedule (Term Bonds Due Combined)

	AMORTIZATION SCHEDULE		
DATE	BALANCE	PRINCIPAL	INTEREST	TOTAL	

05/01/22	
$23,205,000.00	
$1,450,000	
$580,125.00		
11/01/22	$21,755,000.00	$0	$543,875.00	$	2,574,000.00	
05/01/23	$21,755,000.00	$1,525,000	$543,875.00		
11/01/23	$20,230,000.00	$0	$505,750.00	$	2,574,625.00	
05/01/24	$20,230,000.00	$1,600,000	$505,750.00		
11/01/24	$18,630,000.00	$0	$465,750.00	$	2,571,500.00	
05/01/25	$18,630,000.00	$1,685,000	$465,750.00		
11/01/25	$16,945,000.00	$0	$423,625.00	$	2,574,375.00	
05/01/26	$16,945,000.00	$1,765,000	$423,625.00		
11/01/26	$15,180,000.00	$0	$379,500.00	$	2,568,125.00	
05/01/27	$15,180,000.00	$1,855,000	$379,500.00		
11/01/27	$13,325,000.00	$0	$333,125.00	$	2,567,625.00	
05/01/28	$13,325,000.00	$1,950,000	$333,125.00		
11/01/28	$11,375,000.00	$0	$284,375.00	$	2,567,500.00	
05/01/29	$11,375,000.00	$2,055,000	$284,375.00		
11/01/29	$9,320,000.00	$0	$233,000.00	$	2,572,375.00	
05/01/30	$9,320,000.00	$2,160,000	$233,000.00		
11/01/30	$7,160,000.00	$0	$179,000.00	$	2,572,000.00	
05/01/31	$7,160,000.00	$2,270,000	$179,000.00		
11/01/31	$4,890,000.00	$0	$122,250.00	$	2,571,250.00	
05/01/32	$4,890,000.00	$2,385,000	$122,250.00		
11/01/32	$2,505,000.00	$0	$62,625.00	$	2,569,875.00	
05/01/33	$2,505,000.00	$2,500,000	$62,625.00	$	2,562,625.00	
		$23,200,000	$7,645,875.00	$	30,845,875.00	

Proposed Budget Series 2021 Debt Service
Fiscal Year 2023

	Adopted
Budget	Actual
thru	Projected
Next 6	Total
thru	Proposed
Budget	
Description	FY2022	3/31/22	Months	9/30/22	FY2023	

Revenues						
Special Assessments	$1,116,155	$620,711	$495,444	$1,116,155	$1,116,155	
Interest	$100	$44	$26	$70	$100	
Carry Forward Surplus	$140,923	$140,926	$0	$140,926	$343,746	
Total Revenue	$1,257,178	$761,681	$495,470	$1,257,151	$1,460,001	

Expenditures						
Interest Expense 11/01	$140,923	$140,923	$0	$140,923	$342,381	
Principal Expense 05/01	$425,000	$0	$425,000	$425,000	$435,000	
Interest Expense 05/01	$347,481	$0	$347,481	$347,481	$342,381	
Total Expenses	$913,404	$140,923	$772,481	$913,404	$1,119,763	
						
Excess Revenues (Expenditures)	$343,774	$620,758	($277,012)	$343,746	$340,239	

11/1/2023 Interest	
$337,161	

Net Assessments	$1,116,155 Add: Discounts & Collections 		$71,244 
Gross Assessments 	$1,187,399 

Reunion East Projected EAU Ca	lculation 2021		

Product Type	
EAU	
Units	Total
Assessments	Per Unit Gross
Assessments	
Multi-Family	1.50	296.00	$624,788	$2,111	
Single-Family	2.00	250.00	$562,610	$2,250	
		546.00	$1,187,399		

Reunion East Community Development District
Series 2021 Special Assessment Bonds (Series 2021 Project) Debt Service Schedule (Term Bonds Due Combined)

	AMORTIZATION SCHEDULE		
DATE	BALANCE	PRINCIPAL	INTEREST	TOTAL	

05/01/22	
$20,355,000.00	
$425,000	
$347,481.25		
11/01/22	$19,930,000.00	$0	$342,381.25	$1,114,862.50	
05/01/23	$19,930,000.00	$435,000	$342,381.25		
11/01/23	$19,495,000.00	$0	$337,161.25	$1,114,542.50	
05/01/24	$19,495,000.00	$445,000	$337,161.25		
11/01/24	$19,050,000.00	$0	$331,821.25	$1,113,982.50	
05/01/25	$19,050,000.00	$455,000	$331,821.25		
11/01/25	$18,595,000.00	$0	$326,361.25	$1,113,182.50	
05/01/26	$18,595,000.00	$465,000	$326,361.25		
11/01/26	$18,130,000.00	$0	$320,781.25	$1,112,142.50	
05/01/27	$18,130,000.00	$480,000	$320,781.25		
11/01/27	$17,650,000.00	$0	$313,941.25	$1,114,722.50	
05/01/28	$17,650,000.00	$495,000	$313,941.25		
11/01/28	$17,155,000.00	$0	$306,887.50	$1,115,828.75	
05/01/29	$17,155,000.00	$505,000	$306,887.50		
11/01/29	$16,650,000.00	$0	$299,691.25	$1,111,578.75	
05/01/30	$16,650,000.00	$520,000	$299,691.25		
11/01/30	$16,130,000.00	$0	$292,281.25	$1,111,972.50	
05/01/31	$16,130,000.00	$535,000	$292,281.25		
11/01/31	$15,595,000.00	$0	$284,657.50	$1,111,938.75	
05/01/32	$15,595,000.00	$555,000	$284,657.50		
11/01/32	$15,040,000.00	$0	$275,916.25	$1,115,573.75	
05/01/33	$15,040,000.00	$570,000	$275,916.25		
11/01/33	$14,470,000.00	$0	$266,938.75	$1,112,855.00	
05/01/34	$14,470,000.00	$590,000	$266,938.75		
11/01/34	$13,880,000.00	$0	$257,646.25	$1,114,585.00	
05/01/35	$13,880,000.00	$610,000	$257,646.25		
11/01/35	$13,270,000.00	$0	$248,038.75	$1,115,685.00	
05/01/36	$13,270,000.00	$630,000	$248,038.75		
11/01/36	$12,640,000.00	$0	$238,116.25	$1,116,155.00	
05/01/37	$12,640,000.00	$650,000	$238,116.25		
11/01/37	$11,990,000.00	$0	$227,878.75	$1,115,995.00	
05/01/38	$11,990,000.00	$670,000	$227,878.75		
11/01/38	$11,320,000.00	$0	$217,326.25	$1,115,205.00	
05/01/39	$11,320,000.00	$690,000	$217,326.25		
11/01/39	$10,630,000.00	$0	$206,458.75	$1,113,785.00	
05/01/40	$10,630,000.00	$710,000	$206,458.75		
11/01/40	$9,920,000.00	$0	$195,276.25	$1,111,735.00	
05/01/41	$9,920,000.00	$735,000	$195,276.25		
11/01/41	$9,185,000.00	$0	$183,700.00	$1,113,976.25	
05/01/42	$9,185,000.00	$760,000	$183,700.00		
11/01/42	$8,425,000.00	$0	$168,500.00	$1,112,200.00	
05/01/43	$8,425,000.00	$795,000	$168,500.00		
11/01/43	$7,630,000.00	$0	$152,600.00	$1,116,100.00	
05/01/44	$7,630,000.00	$825,000	$152,600.00		
11/01/44	$6,805,000.00	$0	$136,100.00	$1,113,700.00	
05/01/45	$6,805,000.00	$860,000	$136,100.00		
11/01/45	$5,945,000.00	$0	$118,900.00	$1,115,000.00	
05/01/46	$5,945,000.00	$895,000	$118,900.00		
11/01/46	$5,050,000.00	$0	$101,000.00	$1,114,900.00	
05/01/47	$5,050,000.00	$930,000	$101,000.00		
11/01/47	$4,120,000.00	$0	$82,400.00	$1,113,400.00	
05/01/48	$4,120,000.00	$970,000	$82,400.00		
11/01/48	$3,150,000.00	$0	$63,000.00	$1,115,400.00	
05/01/49	$3,150,000.00	$1,010,000	$63,000.00		
11/01/49	$2,140,000.00	$0	$42,800.00	$1,115,800.00	
05/01/50	$2,140,000.00	$1,050,000	$42,800.00		
11/01/50	$1,090,000.00	$0	$21,800.00	$1,114,600.00	
05/01/51	$1,090,000.00	$1,090,000	$21,800.00	$1,111,800.00	
		$20,355,000	$13,068,203.75	$33,423,203.75