TRADITION O&M ALLOCATION FOR FISCAL YEAR 2019

Bonded Area O&M $1,060,795 Allocated on Total ERUs for TD 1,2,3,4,5,6,7

Table 1 ERU Calculation
	Units*	ERU/Unit*	Total ERUs	
Single Family - General 1-6	4,379	1.0000	4,379	
Single Family- General 7-10	1,866	1.0000	1,795	
Single Family - General 7 Abingdon	71	1.0000	71	
Single Family - <55	812	0.8000	650	
Single Family - 55-65	1,624	1.0000	1,624	
Single Family - >65	812	1.2500	1,015	
Multi-family-ALF - 1-6	1,089	0.5000	545	
Multi-family-ALF7-10	441	0.5000	221	
Multi-family-ALF 7 Abingdon	282	0.5000	141	
Commercial Square footage 1-6	1,557,642	0.0004	624	
Commercial Square footage 7-10	651,759	0.0004	261	
Schools		0.0848	0	
Utility**	1	0.0000	0	
Tradition 1-6,7 Bond Area ERUs			5,548	
Tradition 7-10 ERUs Non-Bond Area			5,777	
Toial Tradition 1-10 ERUs			11,325	
Based on the 3/11/2008 Final Supplement (1-7) Table 6, or Master Assessment Methodology (7-10), with adjustment for equivalent commercial square feet
** Utility is excluded from O&M calculation
*** School Assess per Resolution

Table 2 Assessment Budget Submitted	

District Budgets	TD1	TD2	TD3	TD4	TD5	TD6	TD7	
	28,225	99,153	229,127	228,846	226,441	216,638	32,365	

 	TD7	
TD8	
TD9	
TD10	Total 7-10 ••	Total 1-7*	
Incl part of 7 in Bonded area	
52,264	30,636	21,436	78,388	182,725	1,060,795	Part of 7 outside bond area	

Table 3 Assessment Budget Per ERU Calculation
District Assessment Total	1,060,795	
ERU Total	5,548	
Assessment Budget Per ERU	191.20	
G:\CDD Directory\20A-TradilionCDD\Master\Financials\Budgets\FY19\FY19Tradition Budgets	1 of2	8/29/2018 7:41 AM

Table 4 Grossed Up Assessment Per UNIT
Assessment By Unit	SF	SF <55	SF 55-65	SF>65	MF	Commercial*	
Budget Allocation	191.2032	152.9626	191.2032	239.0040	95.6016	0.076658	
Wi th 8% Gross Up	207.8296	166.2637	207.8296	259.7870	103.9148	0.083324	
* per square foot

Table 5 Rounded & Truncated Assessments for FY19 Billing & Tax Roll
Assessment By Unit	SF	SF <55	SF 55-65	SF>65	MF	Commercial	
Budget Allocation	191.21	152.97	191.21	239.01	95.61	0.07666	
With 8% Gross Up	207.83	166.27	207.83	259.79	103.92	0.08333	
per square foot

Table 6 Rounded & Truncated Assessments fer FY18 Billing & Tax Roll
Assessment By Unit	SF	SF <55	SF 55-65	SF>65	MF	Commercial	
Budget Allocation	177.00	141.60	177.00	221.25	88.50	0.07097	
With 8% Gross Up	192.39	153.91	192 .39	240.49	96.20	0.07714	
per square foot

G:\CDD Directory\20A-Tradition CDD\Master\Financials\Budgets\FY19\FY19 Tradition Budgets	2 of 2	8/29/2018 7:41 AM

TRADITION CDD 1-10 FY2019 Proposed O&M BUDGETS

Assessm ent Metho dology	COD 1	CDD2	CDD3	CDD4	CDD5	CODS	CDD7	CODS	CDD9	COD10	FY19 Total	FY18 Budget	
Administration - ERUs	70	472	1,218	1,217	1,206	1,145	1,557	1,050	655	2,735	11,325		
Maintenance - ERUs	70	472	1,218	1,217	1,206	1,145	220				5,548		
Administration -Percent	0.62%	4.17%	10.75%	10.74%	10.65%	10.11%	13.75%	9.27%	5.78%	24.15%	100%		
Maintenance - Percent	1.26%	8.52%	21.95%	21.93%	21.74%	20.64%	3.967%	0.00%	0.00%	0.00%	100%		
Bond	49,622	336,148	866,575	865,892	858,130	814,726	156,591				3,947,684		
	Proposed	Proposed	Proposed	Proposed	Proposed	Proposed	Proposed	Proposed	Proposed	Proposed	Proposed	Approved	
	FY2019	FY2019	FY2019	FY2019	FY2019	FY2019	FY2019	FY2019	FY2019	FY2019	FY2019	FY18	
	Budget	Budget	Budget	Budget	Budget	Budget	Budget	Budget	Budget	Budget	Budget	Budget	
Revenues													
Fund Balance Forward	3,771	25,545	65,854	65,803	65,213	61,914	11,900				300,000	175,000	
Stormwater	8,296	56,199	144,880	144,766	143,468	136,211	26,180				660,000	630,000	
On-Roll - Non-Bond Area Developer Parcels							27,511	30,636	21,436	78,388	157,971	150,153	
On Roll - Private NonBond-DB2,VA,Red Apple							24,753				24,753	23,221	
On-Roll - Residents,Builders,Developer	28,225	99,153	229,127	228,846	226,441	216,638	32,365				1,060,795	981,965	
TOTAL REVENUES	40,292	180,898	439,861	439,414	435,122	414,764	122,709	30,636	21,436	78,388	2,203,520	1,960,339	

Administration Ex enses	
Audit'	

6,500	

5,500	

5,500	

5,500	

5,500	

5,500	

5,500	

5,000	

5,000	

5,500	

55,000	

53,000	
Bank Fees	8	57	147	147	146	138	27				670	400	
Dissemination Agent..	75	511	1,317	1,316	1,304	1,238	238				6,000	6,000	
District Counsel	369	2,503	6,452	6,447	6,389	6,066	8,250	5,563	3,470	14,490	60,000	60,000	
Management	831	5,631	14,517	14,506	14,376	13,649	18,563	12,516	7,808	32,603	135,000	100,000	
Dues, Licenses & Fees•	175	175	175	175	175	175	175	175	175	175	1,750	1,750	
Engineering	185	1,251	3,226	3,223	3,195	3,033	4,125	2,781	1,735	7,245	30,000	30,000	
Impact Fee Administration	154	1,043	2,688	2,686	2,662	2,528	3,438	2,318	1,446	6,038	25,000	25,000	
General Insurance·	7,581	8,511	7,050	6,938	6,457	6,463	8,000			8,000	59,000	61,139	
WEB Site Maintenance•	1,673	1,673	1,673	1,673	1,673	2,619	1,004	1,004	1,004	1,004	15,000	13,000	
Legal Advertising	40	271	699	698	692	657	894	603	376	1.570	6,500	6,500	
Miscellaneous	2	13	32	32	32	30	41	28	17	72	300	250	
Meeting Room	6	38	97	97	96	91	124	83	52	217	900	900	
Travel and Per Diem	50	341	878	877	870	826	159				4,000	3,600	
Office Supplies	1	4	11	11	11	10	14	9	6	24	100	100	
Postage & Shipping	6	42	108	107	106	101	138	93	58	242	1,000	800	
Copies	31	209	538	537	532	506	688	464	289	1,208	5,000	5,000	
Supervisor Fees	815	5,518	14,225	14,213	14,086	13,373	2,570				64,800	64,800	
Telephone												100	
Trustee Services0	151	1.022	2,634	2,632	2,609	2.477	476				12.000	12,000	
Total Administrative Expenses	18,653	34,311	61,966	61,817	60,910	59,479	54,423	30,636	21,436	78,388	482,020	444,339	
District Specific-Audit, Ins. Web, Ann.	•• Pertains only to 2003 Area
••• Western Grove, Special Projects

FY19 Tradition Budgets	1 of 2	8/29/2018 9:16 AM

TRADITION CDD 1-10 FY2019 Proposed O&M BUDGETS

Assessment Methodology	CDD1	COD 2	CDD3	CDD4	£QQ2	CDD6	CDD7	CODS	CDD9	£QQ..1Q	FY19 Total	FY18 Budget	
Administralion- ERUs	70	472	1,218	1,217	1,206	1,145	1,557	1,050	655	2,735	11,325		
Maintenance - ERUs	70	472	1,218	1,217	1,206	1,145	220				5,548		
Administration -Percent	0.62%	4.17%	10.75%	10.74%	10.65%	10.11%	13.75%	9.27%	5.78%	24.15%	100%		
Maintenance - Percent	1.26%	8.52%	21.95%	21.93%	21.74%	20.64%	3.967%	0.00%	0.00%	0.00%	100%		
Bond	49,622	336,148	866,575	865,892	858,130	814,726	156,591				3,947,684		
	Proposed	Proposed	Proposed	Proposed	Proposed	Proposed	Proposed	Proposed	Proposed	Proposed	Proposed	Approved	
	FY2019	FY2019	FY2019	FY2019	FY2019	FY2019	FY2019	FY2019	FY2019	FY2019	FY2019	FY18	
 	Budget	Budget	Budget	Budget	Budget	Budget	Budget     Budget	Budget	Budget	Budget	Budget

Maintenance  Exi1enses		CDD1	CDD2	CDD3	CDD 4	CODS	CDD6	CDD7	CODS	CDD9	CDD10	FY19	FY18 Bud	
LakeMaintenance	1,582	10,719	27,633	27,611	27,363	25,979	4,993				125,880	100,000	
Building, Bridge, Monument Maintenance	566	3,832	9,878	9,870	9,782	9,287	1,785				45,000	17,000	
Contingency	377	2,555	6,585	6,580	6,521	6,191	1,190				30,000	30,000	
Community Area Maintenance	1,328	8,994	23,185	23,167	22,959	21,798	4,190				105.620	40,000	
Lake Porter Service												7,500	
Painting	63	426	1,098	1,097	1,087	1,032	198				5,000	30,000	
Fence Maintenance	126	852	2,195	2,193	2,174	2,064	397				10,000	12,000	
Electric	754	5,109	13,171	13,161	13,043	12,383	2,380				60,000	65,000	
Engineering	377	2,555	6,585	6,580	6,521	6,191	1,190				30,000	30,000	
Field Management	4,588	31,080	80,123	80,060	79,342	75,329	14,478				365,000	265,000	
Founlain Mainlanence&Chemicals	503	3,406	8,781	8,774	8,695	8,255	1,587				40,000	40,000	
Holiday Decorations												30,000	
Hydrilla Control												55,000	
Landscaping Maintenance & Materials	6,411	43,427	111,953	111,864	110,862	105,254	20,230				510,000	450,000	
Irrigation	1,823	12,347	31,830	31,805	31,519	29,925	5,752				145,000	145,000	
Irrigation Parts & Repairs	817	5,535	14,268	14.257	14.129	13,415	2,578				65.000	65,000	
Welland Monitoring												2,500	
Pest Control	44	298	768	768	761	722	139				3,500	3,500	
Road Repair	82	553	1,427	1,426	1,413	1,341	258				6,500	6,500	
Road Cleaning												1,000	
Security	629	4,258	10,976	10,967	10,869	10,319	1,983				50,000	25,000	
Sidewalk Cleaning	251	1,703	4,390	4,387	4,348	4,128	793				20,000		
Sidewalk Repair	126	852	2,195	2,193	2,174	2,064	397				10,000	13,000	
Signage	126	852	2,195	2,193	2,174	2,064	397				10,000		
Streetlights	314	2,129	5,488	5,484	5,434	5,160	992				25,000	15,000	
Storrnwater Management	75	511	1,317	1,316	1,304	1,238	238				6,000	10,000	
Tree/Plant Replacement & Trim	629	4,258	10,976	10,967	10,869	10,319	1,983				50,000	43,000	
Welland Upland Maintenance	50	341	878	877	870	826	159				4.000	15,000	
Total Maintenance Expenses	21,639	146,587	377,895	377,597	374,212	355,284	68,286				1,721,500	1,516,000	
TOTAL EXPENSES	40,292	180,898	439,861	439,414	435,122	414,764	122,709	30,636	21,436	78,388	2,203,520	1,960,339	
 NET INCOME	

Fund Balance Forward	650,000.00	
Capital Expend i tures
Net	650,000.00	

FY19 Tradition Budgets	2 of 2	8/29/2018 9:16 AM

Tradition Community Development District No. 1 Debt Service Fund Budget
Proposed Fiscal Year 2019 October 1, 2018 - September 30, 2019

Revenues:
Special Assessments Total Revenue

Proposed Budget
FY2019

$ 3,947,683.54
$ 3,947,683.54

Expenditures:
Interest November Interest  May Principal May Unrestricted Reserve
Bond Fund Expenditures

Net Income - Surplus (Deficit)

ASSESSMENTS
Single Family - per Unit Multi-Family - per Unit
Commercial - per Square Foot

Single Family - per Unit Multi-Family - per Unit
Commercial - per Square Foot

$	937,753.13
$	937,753.13
$ 1,940,000.00
$	132,177.28
$ 3,947,683.54

   $	

Budgeted
658.68
360.05
0.43656

Grossed Up
715.96
391.36
0.47453

3/21/18

1:27:08 PM

Tradition COD 1

2019 Tradition Irrigation System

Fund: (400) lrriQation System

2018 Budget	2019 Budget

Revenues
Service Charge - lrrig System Engineering Revenue Fees

$1,043,406.87
0.00

$953,527.84
0.00

Net Revenues	$1,043,406.87	$953,527.84 Comments

Expenses

Field Operations	$225,409.00	$225,410.00 Engrs	
Trustee Services	5,000.00	5,000.00 US Bank	
Management	75,000.00	75,000.00 Mgmt	
Engineering	9,580.00	9,580.00	
Professional Services, Other	5,000.00	5,000.00 All IT services	
City Franchise Fee	68,475.00	68,475.00 Have not received a bill	
Travel and Per Diem	387.00	387.00	
Telephone	263.00	1,920.67 HTC Plus	
Postage & Shipping	253.00	253.00	
Bank Fees	1,216.00	1,216.00	
Bad Debt	0.00	4,833.17 Heritage Oaks and Torry Pines told us to cut the	
Office Supplies	250.00	250.00	
Field Supplies (Other)	2,000.00	2,000.00	
Dues, Licenses, and Fees	2,237.00	2,237.00	
Debt Service Payments	373,125.00	373,125.00 Acutal higher be accred interest fr closing	
Vehicle, Gas, & Repair	25,000.00	1,000.00	
Electric	101,023.00	101,023.00	
Water	170.00	170.00	
Other Utilities	1,542.00	1,542.00	
General Insurance	22,000.00	20,000.00 Actuals	
General Repair & Maintenance	40,193.00	40,193.00	
Landscaping Maintenance & Material	10,608.00	10,608.00 FY18 only thru Jan	
HVAC	4,305.00	4,305.00	
Total General & Administrative Expenses	$973,036.00	$953,527.84	

Total Expenses

$973,036.00

$953_,527.84

Net Income {Loss)	$70,370.87	$0.00

G:\CDD Directory\20A-Tradition CDD\Master\Financials\Budgets\FY19\032117budact022818 Sheet1

' ,.

Tradition COD 1

2019 Tradition Irrigation System Proposed Budget

Fund: (201) Irrigation System Bond

2018 Budget	2019 Budget

Revenues
Transfers from 400 Fund	$373,125.00	373,125.00

Net Revenues	$373,125.00	$373,125.00

Expenses

Interest	$268,125.00	$268,125.00	
Principal	105,000.00	105,000.00	
Total General & Administrative Expenses	$373,125.00	$373,125.00	

Total Expenses	$373,125.00	$373,125.00

Net Income (Loss)	$0.00	$0.00

G:\CDD Directory\20A-Tradition CDD\Master\Financials\Budgets\FY19\032117budact022818Sheet1