Bella Collina
Community  Development  District

Proposed Budget FY2026

Table of Contents

1-2	General Fund	

3-5	

General Fund Narrative	

6	

Capital Reserve Fund (GF)	

7	

Debt Service Fund Series 2004	

8	

Amortization Schedule Series 2004	

9	

Debt Service Fund Series 2024	

10	

Amortization Schedule Series 2024	

11-12	

Water & Sewer Fund	

13-16	

Water & Sewer Narrative	

17	

Capital Reserve Fund (WSF)	

Bella Collina
Community Development District Proposed Budget
FY2026
General Fund

Adopted
Budget	Actual
Thru	Projected
Next	Total
Projected	Proposed
Budget	
FY2025	3/31/25	6 Months	9/30/25	FY2026	

Revenues:		
Special Assessments	$	200,649	$	170,487	$	30,162	$	200,649	$	200,649	
Interest	3,000	2,987	2,400	5,387	5,000	
Carry Forward Surplus	-	-	-	-	2,307	
Total Revenues	$	203,649	$	173,473	$	32,562	$	206,036	$	207,956	

Expenditures:						
Administrative:						
Supervisor Fees	$	6,000	$	4,000	$	4,800	$	8,800	$	8,000	
FICA Expense	459	306	367	673	612	
Engineering Fees	8,000	2,488	5,512	8,000	8,000	
Attorney	10,000	11,242	8,758	20,000	15,000	
Arbitrage	600	600	-	600	900	
Dissemination	6,150	3,075	3,075	6,150	6,335	
Annual Audit	2,713	-	2,250	2,250	2,325	
Trustee Fees	7,000	3,500	-	3,500	7,000	
Assessment Administration	6,750	6,750	-	6,750	6,953	
Management Fees	58,369	29,184	29,184	58,369	60,120	
Information Technology	1,890	945	945	1,890	1,947	
Website Maintenance	1,260	630	630	1,260	1,298	
Telephone	100	-	50	50	50	
Postage	1,500	572	628	1,200	1,500	
Printing & Binding	1,000	47	203	250	500	
Insurance	10,000	9,921	-	9,921	10,913	
Legal Advertising	1,500	2,065	935	3,000	3,000	
Other Current Charges	487	-	105	105	200	
Office Supplies	200	63	62	125	200	
Dues, Licenses & Subscriptions	175	175	-	175	175	
Total Administrative:	$	124,153	$	75,564	$	57,504	$	133,068	$	135,028	
Operations & Maintenance						
Field Management	$	25,660	$	12,830	$	12,830	$	25,660	$	26,430	
Pond Maintenance	36,498	18,249	18,249	36,498	36,498	
Stormwater Repairs & Maintenance	10,000	-	5,000	5,000	10,000	
Total Operations & Maintenance:	$	72,158	$	31,079	$	36,079	$	67,158	$	72,928	
Reserves						
Capital Reserve Transfer	$	7,338	$	7,338	$	-	$	7,338	$	-	
Total Reserves	$	7,338	$	7,338	$	-	$	7,338	$	-	
						
Total Expenditures	$	203,649	$	113,981	$	93,583	$	207,564	$	207,956	
						
Excess Revenues (Expenditures)	$	-	$	59,492	$	(61,020)	$	(1,528)	$	0	

Net Assessment	$200,649	
Collection Cost (6%)	$12,807	
Gross Assessment	$213,457	

1

Bella Collina
Community Development District

Gross Per Unit Assessment Chart

	FY2026		

Product Type	
EAU	
Units	Total
EAU	% of
EAU	Total
Assessments	Per Unit Gross
Assessments	
Commercial	1.00	91	90.80	4.78%	$10,170	$112	
Single-Family	2.00	866	1732.00	91.26%	$194,850	$225	
Condo's	0.75	100	74.99	3.95%	$8,437	$84	
Water & Sewer Standby Fees	----	394	----	----	$76,830	$195	
			1897.79	100.00%	$290,287		

FY2025					

Product Type	
EAU	
Units	Total
EAU	% of
EAU	Total
Assessments	Per Unit Gross
Assessments	
Commercial	1.00	91	90.80	4.78%	$10,170	$112	
Single-Family	2.00	866	1732.00	91.26%	$194,850	$225	
Condo's	0.75	100	74.99	3.95%	$8,437	$84	
Water & Sewer Standby Fees	----	436	----	----	$85,020	$195	
			1897.79	100.00%	$298,477		

2

REVENUES:

Special Assessments
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.

Interest
The District generates funds from invested funds.

EXPENDITURES:

Administrative:

Supervisor Fees
The Florida Statutes allows each supervisor to be paid $200 per meeting not to exceed $4,800, for the time devoted to District business and board meetings. Amount is based on 5 supervisors attending 6 Board meetings.

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

Engineering Fees
The District’s engineer, Boyd Civil Engineering, Inc., will be providing general engineering services to the District, e.g., attendance and preparation for monthly board meetings, reviewing invoices, etc.

Attorney
The District’s legal counsel will be providing general legal services to the District, e.g., attendance and preparation for monthly meetings, reviewing operating and maintenance contracts, etc. The District has contracted Latham, Luna, Eden & Beaudine, LLP.

Arbitrage
The District had contracted with an independent certified public accountant, to annually calculate the District’s Arbitrage Rebate Liability on the Series 2004 Special Assessment Bonds and the Series 2024 Special Assessment Bonds.

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-Central Florida, LLC for this service on the Series 2004 Special Assessment Bonds and the Series 2024 Special Assessment Bonds.

Annual Audit
The District is required annually to conduct an audit of its financial records by an Independent Certified Public Accounting Firm. The District has contracted with DiBartolomeo, McBee, Hartley & Barnes, P.A. for this service.

Trustee Fees
The District issued Series 2004 Special Assessment Bonds and the Series 2024 Special Assessment Bonds, which are held with a Trustee at Regions Bank. The amount of the trustee fees is based on the agreement between Regions Bank and the District.

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

Management Fees
The District receives Management, Accounting and Administrative services as part of a Management Agreement with Governmental Management Services – Central Florida, LLC. The services include, but not limited to, recording and transcription of board meetings, administrative services, budget preparation, all financial reporting, annual audits, etc.

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 not limited to video conferencing services, cloud storage services and servers, positive pay implementation and programing for fraud protection, accounting software, tablets for meetings, Adobe, Microsoft Office, 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
Mailing of board meeting agenda packages, overnight deliveries, agreements, vendor checks and any other required correspondence.

Printing & Binding
Printing and Binding agenda packages for board meetings, printing of computerized checks, stationary, envelopes, etc.

Insurance
The District’s general liability and public officials’ liability insurance coverage is provided by Florida Insurance Alliance.

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
Bank charges and any other miscellaneous expenses that are incurred during the fiscal year.

Office Supplies
The District incurs charges for supplies that need to be purchased during the fiscal year, including copier and printer toner cartridges, paper, file folders, binders for District records and other such office supplies.

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

OPERATIONS & MAINTENANCE:

Field Management
The District currently has a contract with Governmental Management Services – Central Florida, LLC. to provide field management services. Services include site inspections of the dry ponds, meeting with contractors as needed, attend Board meetings, and receive and respond to property owner phone calls and or emails.

Pond Maintenance
Contracted yearly cost to maintain the District’ s dry ponds. The District has contracted with Thompson’s Nursery for this service.

Description	Monthly	Annual	
Pond Maintenance	$3,042	$36,498	
Total		$36,498	

Stormwater Repairs & Maintenance
Represents estimated costs for storm structure maintenance, dry pond erosion repairs & pipe repairs and maintenance.

Capital Reserve - General Fund

Adopted
Budget	Actual
Thru	Projected
Next	Total
Projected	Proposed
Budget	
FY2025	3/31/25	6 Months	9/30/25	FY2026	

Revenues:		
Transfer In	$	7,338	$	7,338	$	-	$	7,338	$	-	
Interest	22,500	12,633	12,000	24,633	22,500	
Total Revenues	$	29,838	$	19,971	$	12,000	$	31,971	$	22,500	

Expenditures:						
Contingency	$	600	$	204	$	252	$	456	$	600	
Capital Outlay	-	-	-	-	-	
Total Expenditures	$	600	$	204	$	252	$	456	$	600	
						
Excess Revenues (Expenditures)	$	29,238	$	19,767	$	11,748	$	31,515	$	21,900	
						
Fund Balance - Beginning	$	541,704	$	541,990	$	-	$	541,990	$	573,504	
						
Fund Balance - Ending	$	570,942	$	561,756	$	11,748	$	573,504	$	595,404	

Debt Service Fund Series 2004

Adopted
Budget	Actual
Thru	Projected
Next	Total
Projected	Proposed
Budget	
FY2025	3/31/25	6 Months	9/30/25	FY2026	

Revenues:		
Special Assessments		$	1,269,901	$	1,079,114	$	190,787	$	1,269,901	$	1,269,901	
Interest		75,000	33,762	25,800	59,562	48,000	
Carry Forward Surplus 1		1,096,654	1,156,905	-	1,156,905	302,956	
Total Revenues		$	2,441,555	$	2,269,782	$	216,587	$	2,486,368	$	1,620,857	

Expenditures:							
Series 2004							
Interest - 11/01		$	321,138	$	321,138	$	-	$	321,138	$	277,294	
Special Call - 11/01		830,000	870,000	-	870,000	-	
Principal - 05/01		695,000	-	695,000	695,000	735,000	
Interest - 05/01		297,275	-	297,275	297,275	277,294	
Total Expenditures		$	2,143,413	$	1,191,138	$	992,275	$	2,183,413	$	1,289,588	
							
Excess Revenues (Expenditures)		$	298,143	$	1,078,644	$	(775,688)	$	302,956	$	331,269	

1 Carry forward surplus is net of Reserves							
					Interest - 11/1/2026	$256,163	
					Total	$256,163	
					
Net Assessment	
$1,269,901	
					Collection Cost (6%)	$81,058	
					Gross Assessment	$1,350,959	
							
			Total	% of	Total	Per Unit	
Property Type	EAU	Units	EAU	EAU	Assessments	Gross Assessments	
Commercial	1.00	90.8	90.80	4.98%	$67,296	$741	
Single Family	2.00	866	1732.00	95.02%	$1,283,663	$1,482	
Total			1822.80	100.00%	$1,350,959		

Series 2004 Special Assessment Bonds Debt Service Schedule

AMORTIZATION SCHEDULE

Date	Balance	Rate	Principal	Interest	Total	

05/01/25	
$10,340,000.00	
5.750%	
$695,000.00	
$297,275.00		
11/01/25	$9,645,000.00	5.750%	$0.00	$277,293.75	$1,269,568.75	
05/01/26	$9,645,000.00	5.750%	$735,000.00	$277,293.75		
11/01/26	$8,910,000.00	5.750%	$0.00	$256,162.50	$1,268,456.25	
05/01/27	$8,910,000.00	5.750%	$780,000.00	$256,162.50		
11/01/27	$8,130,000.00	5.750%	$0.00	$233,737.50	$1,269,900.00	
05/01/28	$8,130,000.00	5.750%	$825,000.00	$233,737.50		
11/01/28	$7,305,000.00	5.750%	$0.00	$210,018.75	$1,268,756.25	
05/01/29	$7,305,000.00	5.750%	$870,000.00	$210,018.75		
11/01/29	$6,435,000.00	5.750%	$0.00	$185,006.25	$1,265,025.00	
05/01/30	$6,435,000.00	5.750%	$925,000.00	$185,006.25		
11/01/30	$5,510,000.00	5.750%	$0.00	$158,412.50	$1,268,418.75	
05/01/31	$5,510,000.00	5.750%	$980,000.00	$158,412.50		
11/01/31	$4,530,000.00	5.750%	$0.00	$130,237.50	$1,268,650.00	
05/01/32	$4,530,000.00	5.750%	$1,035,000.00	$130,237.50		
11/01/32	$3,495,000.00	5.750%	$0.00	$100,481.25	$1,265,718.75	
05/01/33	$3,495,000.00	5.750%	$1,100,000.00	$100,481.25		
11/01/33	$2,395,000.00	5.750%	$0.00	$68,856.25	$1,269,337.50	
05/01/34	$2,395,000.00	5.750%	$1,165,000.00	$68,856.25		
11/01/34	$1,230,000.00	5.750%	$0.00	$35,362.50	$1,269,218.75	
05/01/35	$1,230,000.00	5.750%	$1,230,000.00	$35,362.50	$1,265,362.50	
			$10,340,000.00	$3,608,412.50	$13,948,412.50	

Proposed Budget FY2026
Debt Service Fund
Series 2024

Proposed
Budget	Actual
Thru	Projected
Next	Total
Projected	Proposed
Budget	
FY2025	3/31/25	6 Months	9/30/25	FY2026	

Revenues:		
Special Assessments		$	-	$	-	$	-	$	-	$	770,134	
Interest		-	18,672	11,400	30,072	18,000	
Carry Forward Surplus 1		667,248	667,248	-	667,248	327,361	
Total Revenues		$	667,248	$	685,920	$	11,400	$	697,320	$	1,115,495	

Expenditures:							
Series 2024							
Interest - 11/01		$	72,671	$	72,671	$	-	$	72,671	$	297,289	
Principal - 05/01		-	-	-	-	175,000	
Interest - 05/01		297,289	-	297,289	297,289	297,289	
Total Expenditures		$	369,959	$	72,671	$	297,289	$	369,959	$	769,578	
							
Excess Revenues (Expenditures)		$	297,289	$	613,250	$	(285,889)	$	327,361	$	345,917	

1 Carry forward surplus is net of Reserves							
					Interest - 11/1/2026	$293,570	
					Total	$293,570	
					
Net Assessment	
$770,133	
					Collection Cost (6%)	$49,157	
					Gross Assessment	$819,291	
							
			Total	% of	Total	Per Unit	
Property Type	EAU	Units	EAU	EAU	Assessments	Gross Assessments	
Condo	0.75	99.99	74.99	4.13%	$33,875	$339	
Commercial	1.00	90.8	90.80	5.01%	$41,014	$452	
Single Family	2.00	824	1648.00	90.86%	$744,402	$903	
Total			1813.79	100.00%	$819,291		

Bella Collina Community Development District
Series 2024, Special Assessment Bonds (Term Bonds Combined)

Amortization Schedule

Date		Balance	Principal	Interest		Annual	

5/1/25	
$	
11,685,000	
$	-	
$	297,289	
$	
-	
11/1/25	$	11,685,000	$	-	$	297,289	$	594,577.50	
5/1/26	$	11,685,000	$	175,000	$	297,289	$	-	
11/1/26	$	11,510,000	$	-	$	293,570	$	765,858.75	
5/1/27	$	11,510,000	$	185,000	$	293,570	$	-	
11/1/27	$	11,325,000	$	-	$	289,639	$	768,208.75	
5/1/28	$	11,325,000	$	195,000	$	289,639	$	-	
11/1/28	$	11,130,000	$	-	$	285,495	$	770,133.75	
5/1/29	$	11,130,000	$	200,000	$	285,495	$	-	
11/1/29	$	10,930,000	$	-	$	281,245	$	766,740.00	
5/1/30	$	10,930,000	$	210,000	$	281,245	$	-	
11/1/30	$	10,720,000	$	-	$	276,783	$	768,027.50	
5/1/31	$	10,720,000	$	220,000	$	276,783	$	-	
11/1/31	$	10,500,000	$	-	$	272,108	$	768,890.00	
5/1/32	$	10,500,000	$	230,000	$	272,108	$	-	
11/1/32	$	10,270,000	$	-	$	266,358	$	768,465.00	
5/1/33	$	10,270,000	$	240,000	$	266,358	$	-	
11/1/33	$	10,030,000	$	-	$	260,358	$	766,715.00	
5/1/34	$	10,030,000	$	255,000	$	260,358	$	-	
11/1/34	$	9,775,000	$	-	$	253,983	$	769,340.00	
5/1/35	$	9,775,000	$	265,000	$	253,983	$	-	
11/1/35	$	9,510,000	$	-	$	247,358	$	766,340.00	
5/1/36	$	9,510,000	$	280,000	$	247,358	$	-	
11/1/36	$	9,230,000	$	-	$	240,358	$	767,715.00	
5/1/37	$	9,230,000	$	295,000	$	240,358	$	-	
11/1/37	$	8,935,000	$	-	$	232,983	$	768,340.00	
5/1/38	$	8,935,000	$	310,000	$	232,983	$	-	
11/1/38	$	8,625,000	$	-	$	225,233	$	768,215.00	
5/1/39	$	8,625,000	$	325,000	$	225,233	$	-	
11/1/39	$	8,300,000	$	-	$	217,108	$	767,340.00	
5/1/40	$	8,300,000	$	340,000	$	217,108	$	-	
11/1/40	$	7,960,000	$	-	$	208,608	$	765,715.00	
5/1/41	$	7,960,000	$	360,000	$	208,608	$	-	
11/1/41	$	7,600,000	$	-	$	199,608	$	768,215.00	
5/1/42	$	7,600,000	$	380,000	$	199,608	$	-	
11/1/42	$	7,220,000	$	-	$	190,108	$	769,715.00	
5/1/43	$	7,220,000	$	395,000	$	190,108	$	-	
11/1/43	$	6,825,000	$	-	$	180,233	$	765,340.00	
5/1/44	$	6,825,000	$	420,000	$	180,233	$	-	
11/1/44	$	6,405,000	$	-	$	169,733	$	769,965.00	
5/1/45	$	6,405,000	$	440,000	$	169,733	$	-	
11/1/45	$	5,965,000	$	-	$	158,073	$	767,805.00	
5/1/46	$	5,965,000	$	465,000	$	158,073	$	-	
11/1/46	$	5,500,000	$	-	$	145,750	$	768,822.50	
5/1/47	$	5,500,000	$	490,000	$	145,750	$	-	
11/1/47	$	5,010,000	$	-	$	132,765	$	768,515.00	
5/1/48	$	5,010,000	$	515,000	$	132,765	$	-	
11/1/48	$	4,495,000	$	-	$	119,118	$	766,882.50	
5/1/49	$	4,495,000	$	545,000	$	119,118	$	-	
11/1/49	$	3,950,000	$	-	$	104,675	$	768,792.50	
5/1/50	$	3,950,000	$	575,000	$	104,675	$	-	
11/1/50	$	3,375,000	$	-	$	89,438	$	769,112.50	
5/1/51	$	3,375,000	$	605,000	$	89,438	$	-	
11/1/51	$	2,770,000	$	-	$	73,405	$	767,842.50	
5/1/52	$	2,770,000	$	640,000	$	73,405	$	-	
11/1/52	$	2,130,000	$	-	$	56,445	$	769,850.00	
5/1/53	$	2,130,000	$	670,000	$	56,445	$	-	
11/1/53	$	1,460,000	$	-	$	38,690	$	765,135.00	
5/1/54	$	1,460,000	$	710,000	$	38,690	$	-	
11/1/54	$	750,000	$	-	$	19,875	$	768,565.00	
5/1/55	$	750,000	$	750,000	$	19,875	$	-	
11/1/55	$	-	$	-	$	-	$	769,875.00	
Totals			$ 11,685,000	$ 11,950,054	$ 23,635,053.75	

Adopted
Budget	Actual
Thru	Projected
Next	Total
Projected	Proposed
Budget	
FY2025	3/31/25	6 Months	9/30/25	FY2026	

Revenues:		
Water Utility Revenue
Monthly Potable Water Consumption	
$	223,600	
$	122,580	
$	123,000	
$	245,580	
$	265,000	
Monthly Wastewater Consumption	347,150	203,537	204,000	407,537	425,000	
Monthly Irrigation Consumption	588,400	324,753	340,000	664,753	685,000	
Special Assessments	79,919	67,438	11,931	79,369	72,220	
Application Fees	-	3,875	3,000	6,875	-	
Miscellaneous Revenue	50,000	45,097	21,000	66,097	50,000	
Interest	18,000	19,096	11,500	30,596	18,000	
Total Revenues	$	1,307,069	$	786,376	$	714,431	$	1,500,807	$	1,515,220	
Expenditures:						
Administrative:						
Engineering Fees	$	75,000	$	53,118	$	36,882	$	90,000	$	75,000	
Attorney	15,500	-	2,500	2,500	15,500	
Annual Audit	2,713	-	2,250	2,250	2,325	
Management Fees	16,677	8,339	8,339	16,677	17,177	
Information Technology	1,260	630	630	1,260	1,298	
Postage	2,250	1,375	1,350	2,725	3,000	
Printing & Binding	350	-	50	50	100	
Other Current Charges	600	368	750	1,118	1,200	
Office Supplies	750	230	520	750	750	
Dues, Licenses & Subscriptions	5,300	-	5,300	5,300	5,300	
Rate Study	-	1,000	2,020	3,020	-	
Total Administrative:	$	120,400	$	65,059	$	60,591	$	125,650	$	121,650	

Adopted
Budget	Actual
Thru	Projected
Next	Total
Projected	Proposed
Budget	
FY2025	3/31/25	6 Months	9/30/25	FY2026	

Operations & Maintenance		
Field Management	$	50,000	$	25,000	$	25,000	$	50,000	$	75,000	
Property Insurance	42,500	46,444	-	46,444	88,411	
Telephone	6,426	3,353	3,374	6,727	7,524	
Electric	70,000	32,463	35,000	67,463	70,000	
Trash Removal	5,630	2,436	2,436	4,873	5,630	
Landscape Maintenance	10,902	5,451	5,451	10,902	10,902	
Pond Maintenance	1,400	540	756	1,296	1,400	
Repairs & Maintenance	140,000	100,549	60,000	160,549	160,000	
Repairs & Maintenance - Grinder Pumps	70,000	114,079	60,000	174,079	100,000	
Grinder Pump Preventative Maintenance	40,000	-	40,000	40,000	40,000	
Water Plant Services (General Utilities)	65,000	15,249	24,000	39,249	50,000	
Wastewater Plant Services (General Utilities)	110,000	44,306	59,500	103,806	110,000	
Irrigation Plant Services (General Utilities)	31,200	-	-	-	31,200	
Water & Sewer Field Operations	-	-	-	-	32,000	
Sludge Disposal	15,000	-	12,750	12,750	15,000	
Contractual Services	50,000	25,000	25,000	50,000	51,500	
Fuel Expense	4,575	5,256	-	5,256	6,000	
Wastewater Testing & Analysis	25,000	8,388	11,612	20,000	25,000	
Operating Systems Maintenance	12,100	7,260	5,910	13,170	15,000	
Generator Maintenance	5,000	2,012	2,988	5,000	5,000	
Lighting	10,000	-	5,000	5,000	10,000	
Operating Supplies	1,500	1,589	2,000	3,589	107,200	
Total Operations & Maintenance:	$	766,233	$	439,376	$	380,778	$	820,153	$	1,016,767	
Reserves						
Capital Reserve Transfer	$	420,436	$	-	$	420,436	$	420,436	$	376,803	
Total Reserves	$	420,436	$	-	$	420,436	$	420,436	$	376,803	
						
Total Expenditures	$	1,307,069	$	504,435	$	861,805	$	1,366,239	$	1,515,220	
						
Excess Revenues (Expenditures)	$	-	$	281,942	$	(147,374)	$	134,568	$	0	
				
Net Assessment	
$72,220	
				Collection Cost (6%)	$4,610	
				Gross Assessment	$76,830	
				
Undeveloped Lots	
394	
				Per Lot Special Assessments	$195	

REVENUES:

Monthly Potable Water Consumption
Estimated potable water irrigation revenue.

Monthly Wastewater Consumption
Estimated wastewater revenue.

Monthly Irrigation Consumption
Estimated irrigation revenue.

Special Assessments
The District will levy non-ad valorem special assessments on all taxable property within the District to fund operating and maintenance expenditures for the fiscal year.

Miscellaneous Revenue
Represents any miscellaneous revenues.

Interest
The District generates funds from invested funds.

EXPENDITURES:

ADMINISTRATIVE:

Engineering Fees
The District’s engineer, Boyd Civil Engineering, Inc., will be providing general engineering services to the District, e.g., attendance and preparation for monthly board meetings, reviewing invoices, etc.

Attorney
The District’s legal counsel will be providing general legal services to the District, e.g., attendance and preparation for monthly meetings, reviewing operating and maintenance contracts, etc. The District has contracted Latham, Luna, Eden & Beaudine, LLP.

Annual Audit
The District is required annually to conduct an audit of its financial records by an Independent Certified Public Accounting Firm. The District has contracted with DiBartolomeo, McBee, Hartley & Barnes, P.A. for this service.

Management Fees
The District receives Management, Accounting and Administrative services as part of a Management Agreement with Governmental Management Services – Central Florida, LLC. The services include, but not limited to, recording and transcription of board meetings, administrative services, budget preparation, all financial reporting, annual audits, etc.

Information Technology
The District has contracted with Governmental Management Services-Central Florida, LLC for the costs associated with monitoring and maintaining the payment portable on the District’s website. These services include transmittals of online payments, uploads of billed fees, assisting account holders with online registration/access to payment portal.

Postage
Represents estimated costs for the mailing of utility billing, notices, annual consumer reports, etc.

Printing & Binding
Represents printing of utility billing, annual compliance reports, disconnection notices, etc.

Other Current Charges
Bank charges and any other miscellaneous expenses that are incurred during the fiscal year.

Office Supplies
Represents estimated costs for the utility billing supplies.

Dues, Licenses & Subscriptions
The District is required to pay annual fees to the Florida Department of Environmental Protection and the Florida Rural Water Association. These are the only expenses under this category for the District.

OPERATIONS & MAINTENANCE:

Field Management
The District currently has a contract with Governmental Management Services – Central Florida, LLC, to provide field management services. Services include onsite inspections to Water Treatment Plant, Waste Water Treatment Plant and Hillcrest Treatment Plant, meetings with utility system vendors and emails.

Property Insurance
The District’s property insurance coverage is provided by Florida Insurance Alliance.

Telephone
This is for service for the water and wastewater plants phone lines as provided by Centurylink.

Account#	Address	Monthly	Annual	
311529383	17500 Cavallo Drive Water Treatment Plant	$115	$1,380	
311947285	17510 Cavallo Drive Waste Water Treatment	$135	$1,620	
	Facility			
312238560	15601 Vetta Drive Hill Crest Water Treatment	$320	$3,840	
	Plant			
	Contingency		$684	
Total			$7,524	

Electric
This item represents utility service costs for electricity as provided by Duke Energy.

Account#	Address	Monthly	Annual	
9100 8856 0529	15601 Vetta Dr. Hillcrest Treatment Plant	$1,150	$13,800	
9100 8856 0363	17447 Cavallo Dr. Streetlighting	$125	$1,500	
9100 8856 0412	15900 Pendio Dr. Well 2	$500	$6,000	
9100 8856 0446	17500 Cavallo Dr. Water Treatment Plant	$1,700	$20,400	
9100 8856 0488	17510 Cavallo Dr. Waste Water Treatment Plant	$1,600	$19,200	
9100 8856 0503	15340 Pendio Dr. Well 1	$400	$4,800	
	Contingency		$4,300	
Total			$70,000	

Trash Removal
To record the expenses related to trash and rubbish removal of miscellaneous items, dumpster contract service and hauling of miscellaneous items. The District has the following utility account with Waste Management

Description	Monthly	Annual	
Trash Removals Contingency	$406	$4,873
$487	
Total		$5,360	

Landscape Maintenance
The District currently has a contract with Thompson’s Nursery to maintain the landscape areas surrounding the water plant.

Description	Monthly	Annual	
Landscape Maintenance	$909	$10,902	
Total		$10,902	

Pond Maintenance
Contracted yearly cost to maintain the District’s Waste Water Treatment Plant Pond. District has contracted with Applied Aquatic Management for this service.

Description	Monthly	Annual	
Pond Maintenance Contingency	$108	$1,296
$104	
Total		$1,400	

Repairs & Maintenance
Any costs related to miscellaneous repairs and maintenance that occur during the fiscal year.

Repairs & Maintenance – Grinder Pumps
Any costs related to miscellaneous repairs and maintenance for grinder pumps that occur during the fiscal year.

Grinder Pump Preventative Maintenance
Represents estimated costs for complete preventative maintenance on the grinder stations to lower overall annual maintenance costs and reduce after hours emergency services. Services to include, but not limited to, checking operating parameters, replacing underperforming components, performance tests on grinder pumps, level switches and alarms, removal of prohibited items, cleaning of individual components and reviewing compliance in operational directives with residences.

Water Plant Services
Contracted yearly cost to operate the District’s water plant. The District currently has a contract with General Utilities to provide this service.

Wastewater Plant Services
Contracted yearly cost to operate the District’s wastewater plant. The District currently has a contract with General Utilities to provide this service.

Irrigation Plant Services
The District will oversee final design, construction, testing and commissioning of the new irrigation system. The services include review and comment of design drawings and operational controls login, in field construction support, start up and testing, operations training and systems commissioning.

Water & Sewer Field Operatins
Activities include sewer line flushing, fire hydrant flushing, sewer & water valve testing, sewer system pressure monitoring, water & irrigation ARV inspection and other non-maintenance related field activities.

Sludge Disposal
Estimated cost of sludge disposal when requirements have been met.

Contractual Services
The District has contracted with Governmental Management Services-Central Florida, LLC to provide monthly utility billing, opening/closing utility accounts, payment collection, addressing resident inquiries, preparation of disconnection notices, data log reporting, new meter creation or meter replacement in billing system, ordering/scheduling of grinder pump installations, onsite inspections and logging of illegal connections, etc.

Fuel Expense
Estimated amount of fuel to be purchase for the District’s backup generators.

Wastewater Testing & Analysis
Represents estimated costs incurred during the fiscal year for testing and analysis of the wastewater treatment facility per the FDEP permit #FLA 297631-005.

Operating Systems Maintenance
Represents estimated costs incurred during the fiscal year for maintenance of mechanical, electrical and computer operating systems.

Description	Monthly	Annual	
Main Lift Station Only - 8 Months	$775	$6,200	
Main Lift Station & Siena List Station - 4 Months	$1,475	$5,900	
Contingency		$2,900	
Total		$15,000	

Generator Maintenance
Represents estimated costs incurred during the fiscal year for semi-annual service on four generators located at Well #1, Pine Island Water Plant, Pine Island Sewer Plant and the Hillcrest Water Plant.

Lighting
Represents estimated costs for any lighting supplies and repairs to the water treatment plants, wastewater treatment plants and wells.

Operating Supplies
Represents estimated costs for any purchase of utility operating supplies such as barrel locks for curb stops, back flow preventer for ¾” meters, meter box replacements, etc.

Capital Reserve Transfer
Represents estimated revenue to transfer to Capital Reserve – Water & Sewer fund.

Bella Collina
Community Development District Proposed Budget
FY2026
Capital Reserve - Water & Sewer Fund

Adopted
Budget	Actual
Thru	Projected
Next	Total
Projected	Proposed
Budget	
FY2025	3/31/25	6 Months	9/30/25	FY2026	

Revenues:		
Transfer In	$	420,436	$	-	$	420,436	$	420,436	$	376,803	
Interest	36,000	29,450	30,000	59,450	36,000	
Total Revenues	$	456,436	$	29,450	$	450,436	$	479,886	$	412,803	

Expenditures:						
Contingency	$	500	$	246	$	270	$	516	$	600	
Capital Outlay	506,750	159,571	$203,600	363,171	$381,500	
Total Expenditures	$	507,250	$	159,818	$	203,870	$	363,688	$	382,100	
						
Excess Revenues (Expenditures)	$	(50,814)	$	(130,368)	$	246,566	$	116,198	$	30,703	
						
Fund Balance - Beginning	$	1,080,036	$	1,883,570	$	-	$	1,883,570	$	1,999,768	
						
Fund Balance - Ending	$	1,029,222	$	1,753,202	$	246,566	$	1,999,768	$	2,030,471