7/Adopted Ridgewood Trails Community Development District Adopted Budget FY 2027 September 2, 2026 1-2 3-6 7-8 9 10 Assessment Schedule Narratives Table of Contents General Fund Debt Service Fund Series 2007 Capital Reserve Fund Description AFBdYuo2dp0gt2ee6td 7A/Tc3th1ur/au2ls6 P2r MoNjoeexnctttehds P9r/oT3jhe0rc/ut2e6d AFBdYuo 2dp0gt2eet7d REVENUES: ISCRnpaeternecrtriyaael lFs R Ato/esrMvsweeinassrcusdemel Sleaunnrtepso l-uu Oss nIn Rcoolmle $ 6 16 324,,,603800602 - $ 6 16 565,,,387537084 - 2,4 560$00 -- $ 6 16 595,,,827597084 - $ 6 116 5124,,,,009300800022 TOTAL REVENUES $ 679,988 $ 687,962 $ 2,960 $ 690,922 $ 693,284 EXPENDITURES: Administrative: ISFLPPETTGAAAAOODDDWnuroIeniifteutrrsenfssCefthipgsnbulgsionentsoebcAaeetieiessrureptnestralsrrt,r ii mmr Ta inhAgecLsne vSaCtaleetmeeoaui lgdeiaigAu c rsn yxML n &tpFve&Mereoueiaiepe eonrn aaRrstd DaeBrlennsbit ieiiFosten eetin aiAbiTnellnsstsgtiiade dvet ieeC&Atnsymcniemhenggh raaSaiegeynnnnurnnocidbgtstele s toPFscrgueraybeitpsiloitcin oOnffsicials Insurance $25 1111233458903,,,,,,,,,,,,,0001233348808 11366890000003358808000015700000013446060000257 $4 113445884,,,,,,,,,123467789 111333468890113566800035666789900033489500023457888 $ 1188,,,,0009 11223340008 6700123390001 5270022457 ------ $15 111123455836,,,,,,,,,,,,001334778828 112446780013556688380001577900033468880600034559 $25 111111233468907,,,,,,,,,,,,,,,011222456688801 113660000000012445010015700000000013560900025 TOTAL ADMINISTRATIVE $ 118,919 $ 88,368 $ 20,925 $ 109,293 $ 125,432 Ridgewood Trails Community Development District Adopted Budget General Fund 1 Description AFBdYuo2dp0gt2ee6td 7A/Tc3th1ur/au2ls6 P2r MoNjoeexnctttehds P9r/oT3jhe0rc/ut2e6d AFBdYuo 2dp0gt2eet7d Ridgewood Trails Community Development District Adopted Budget General Fund Operations & Maintenance Amenity Center JJISSFLCPPPPPEEGRRAAWaanepreoooliaSoeeecmnnefcatosPececnfpooonceiiututicegeNpttealllttler s irnooCiusirCPMrierantnerisirrioaary ethlte sc&g aiiSlyrtCEynr etaa eAyieaFd m/av tnmllSSnMrn asrsCrISeyetcvidcsonideauwnatsyciii lsnbsnpRclsttaieuesaletalpteersamrnysglpnaiec eMlntreasccaeeinmteennatsnce $ 1111112234 12357780002235678 ,,,,,,,,,,,,,,,,,01255690001144668 47 0000488000234468957 0000007000002556705 -- $ 1111133 1123477890122579,,,,,,,,,,,,,,,,2344556991245568 55913455679901357882241115567793345778578 -- 11122333477,,,,,,,,,,,00112445556 12366800002366789223479$00001233489002234 ---- $ 1111112234 11234580012234555,,,,,,,,,,,,,,,,,01556790011124488 5700144692245566889250001579000112336705 -- $ 1111112234 122335780123357778 ,,,,,,,,,,,,,,,,,,022556780002446667 57 00000234000012334825 00000003000155577905 - Total Amenity Center $ 243,617 $ 188,689 $ 40,621 $ 229,311 $ 252,617 Grounds Maintenance ILLCEROWrlaaoeperaknpnecitgderatteia raisrMnrtitcscgiiaaoo e&pinnnne sctMR Me yMenaapiaaniannnticatreeegsnneamanncecenet $1 224 3389073 ,,,,,,,000300 5 0002078 0000042 - $1 1230 270027,,,,,,230150471693042467 -- $2 1123451,,,,,,,0022594 50000010000002870 $1 1232 12592378,,,,,,,,002702440047017400042464 $1 11234 3315683 ,,,,,,,020456 5 0000098 0000082 - Total Grounds Maintenance $ 213,976 $ 179,423 $ 39,727 $ 219,151 $ 241,380 TOTAL EXPENDITURES $ 576,512 $ 456,481 $ 101,273 $ 557,754 $ 619,428 Other Sources and (Uses) CCaappiittaall RReesseerrvvee TTrraannssffeerr IOnuctrease $ ((5511,,682515)) $ ((5511,,682515)) $ -- ((5511,,682515)) $ ( 7 3 , 8 5 6 -) Total Other Sources and (Uses) $ (103,476) $ (103,476) $ - $ (103,476) $ (73,856) Other Sources/(Uses) Transfer In/(Out) - - - - - TOTAL OTHER SOURCES/(USES) $ - $ - $ - $ - $ - EXCESS REVENUES (EXPENDITURES) $ - $ 128,005 $ (98,313) $ 29,692 $ - 2 New internet and Wi-Fi service for Office. Postage and Delivery Actual postage and/or freight used for District mailings including agenda packages, vendor checks and other correspondence. Website Maintenance PerChapter2014-22,LawsofFlorida,allDistrictsmusthaveawebsitetoprovidedetailedinformationontheCDDaswellaslinksto useful websites regarding Compliance issues. This website will be maintained by GMS, LLC and updated monthly. Telephone bTuhdegDeitsetdr iacmtoisunret qfourir tehde tfiosccaoln ydeuacrt isa nbaasnendu oanl acuodnittraocftietds ffeineasn.cialrecordsbyanIndependentCertifiedPublicAccountingFirm.The Assessment Roll Administration aGdMvSis,oLrLyC sperrovviciedse.s assessment services for closinglot sales,assessment rollservices withthelocalTaxCollectorandfinancial Dissemination Agent aTdhdeitDioinstarli rcetpiosrtrienqgu rierqeudirbeymethnets Sfoecru urnit-ireasteadn bdoEnxdc ihsasnugees.Commissiontocomply withRule15(c)(2)-12(b)(5),whichrelatesto Trustee Fees The District bonds will be held and administered by a Trustee. This represents the trustee annual fee. District Management Fees TMMhaaennaaDggieesmmtreeicnnttt rASeegcrreveievicmeesse,nMLta.LnCa.geTmheenbtu,AdgcectoeudnatimngouanntdfAodrmthineisfitsrcaatlivyeeasrerivsicbeasseadspoanrtthoefacoMnatnraacgteemdefnetesAgoruetelmineedntinEitxhhGiboivte"rAn"moefntthael Information Technology TGhMeSD, LisLtCr.ictprocessesallofitsfinancialactivities,i.e.accountspayable,financialstatements,etc.onamainframecomputerleasedby TBohnedDsi.strictisrequiredtohaveanannualarbitragerebatecalculationpreparedfortheDistrict’sSeries2007A/BSpecialAssessment Arbitrage Rebate Special Assessments-Tax Roll Ridgewood Trails Community Development District Budget Narrative REVENUES Annual Audit fbToyhr e tmhDeoi n sBttohrilacyrtd’Bs ooAaf tr Stdourpmneeereyvt,iisnKogursst,a r akenvRdioe twchkeoL fDLciPso,tnwrtiriclatl cMbtsea,nrpaergvoeivre.iwdinogfaggerneeermalenletsgaalnsderrevsicoelustitoonsth,eanDdisotrtihcetr,ir.ee.,saetatrecnhdaanscseignaneddparsepdairreacttioedn oTpheerDatiisntgr iecxtpwenidllitluevreys aduNroinng-A thdeV Faislocrael mYeaars.sessmentonallsoldandplattedparcelswithintheDistrictinordertopay forthe Interest/Miscellaneous Income The District earns interest on the monthly average collected balance for each of their investment accounts. Expenditures - Administrative Supervisors Fees anCtehteaedpnetded.r.1T9h0eobftuhdegFetloedridaamSotautnuttefsoralltohwesfifsocramlyemeabrerissobfatsheedBoonardallosfuSupperevrvisiosorsrsatttoebneicnogm6pmeneseattiendgs$2w0i0thfoadrdeiaticohnamlemeteientgintghseiyf FICA Taxes PBaoyarrodl olft SauxepserovnisBoro’asr pdayorfoSlul epxeprevnisdoitru’srecso.mpensation.Thebudgetedamountforthefiscalyeariscalculatedat7.65%ofthetotal Rental Revenues Income received from residents for rental of clubroom or patio. District Engineering Fees pTrheepaDriasttiroicnt ' sfore n mgionneethr,lyA l blioanartdE n mgieneeteinrignsg, , rIenvci.,eww i lolf p irnovvoiidceesg, e annedra lotehnegri n sepereicnifgicsaellryv i rceeqsuteostethde asDsiigsntrmicetn,tis.e.. attendanceand Attorney 3 Ridgewood Trails Community Development District Budget Narrative Vendor Description Monthly Annual RMS Pool Maintenance $1,885 $22,617 Vendor Description Monthly Annual Hawkins Pool Chemicals CRoMnStingency Pool Chemicals $1$$,211923455 $$$1115,,,565022025 Total $1,554 $18,647 Property Insurance Amenity Manager Facility Assistant General Facility Maintenance Repairs and Replacements gTohveeDrnismtreicntt'asl Pagreonpceiretsy.InsurancepolicyiswithEgisInsurance&RiskAdvisors.Egisspecializesinprovidinginsurancecoverageto aTchceoDrdisatnrcicet whiatshc tohnetirr accotnetdrwacitt.hRiversideManagementServicestostafftheamenitycenterandmanagetheday-to-dayoperationsin The District has contracted with Riverside Management Services to provide part-time staffing to supplement the Amenity Manager. Cost of routine repairs and maintenance to the Amenity Center. oRre prerpesaeirnitnsga bnryouknenan otric wipoartned ocuot stthiansgsso acriaotuenddw tihteh ftahceiliotpye sruacthio ans abnrdokmeani ngtaetnesa,n dcoeoorfst, hheolDeiss itnr iwcta'sll,A pmaienntiitnyg Cetecn.tersuchasreplacing The District has contracted with Riverside Management Services, Inc. to provide lifeguard services during pool operation season. eSTemhreevriDcgieessntrciiync ctclahulladsse.cvoancturuamctiendg,wsikthimRmivinergstidileesM,banruagsehminegnttilSeesr,vpicoeosl,aInndc.etoqupipromveidnetipnosoplemctaioinntse,ncalneacneinsegrovficfeilstetrhsreaend(3a)ndyaynsecaewsseaerky. cRoevperress etnhtes c tohset efostri mchaetmedic caolss tf oforr t hche enmewic aplos oult fiolirz esde rfovric tehse p srwovimidmedin bgy p Hooawl akt itnhse. Amenity Center for services provided by RMS. Also Lifeguards Pool Maintenance Pool Chemicals Expenditures – Amenity Center Dues, Licenses & Subscriptions Expenditures - Administrative (continued) Bank Fees and Other Charges This includes monthly bank charges and any other miscellaneous expenses incurred during the year. Office Supplies General Liability and Public Officials Insurance iTnhseurDainsctrei ccot'vseGraegnee troa lgoLviaebrinlimtyen&taPl uabgelinccOiefsfi.c Tiahles aLmiaobuilnitty isI bnassuerda nucpeonp osliimcyilaisr Cwoimthmauqnuitayl iDfieevdeelonptimtyentht aDtisstpreicctiasl.izesinproviding gTehneerDails ctirriccutlaistiorne.quiredto advertisevariousnotices formonthly Boardmeetings andother publichearingsinanewspaperof Printing and Binding Copies used in the preparation of agenda packages, required mailings, and other special projects. Legal Advertising Supplies used in the preparation and binding of agenda packages, required mailings, and other special projects. The District is required to pay an annual fee to the Florida Department of Commerce for $175. 4 Ridgewood Trails Community Development District Budget Narrative Account# Address 00000000555511164777111737774556 Mon$$$t$$136h56058ly55000 A$$$n138$$n,,,16867u00668a00000l Total $1,250 $15,000 Account# Address Monthly Annual 8874493 $1$,212952 $$124,,370000 Total $1,417 $17,000 Vendor Description Monthly Annual RMS Janitorial $1,103 $13,235 Vendor Description Monthly Annual FVNHHUeeii--wcSTTtUoleeaSccrn hh Se eSS Fcyyiussnrttaeeintmmyce SCCRAelaecocmcauuel erdTsris iAtam yCsc oeCcn eaCstmrrsioemrl+eaC sCltorud $$$$$1131435903005 $$$114$$,,,578140465801100 Total $728 $8,733 Water and Sewer 1Co66n7ti nAgzeanlecay Ridge Blvd Represents the anticipated cost of access cards to the District’s Amenity Center. This item includes the cost of garbage disposal for the District. Contracted with Waste Pro. This item represents the estimated cost to host any special events for the community throughout the Fiscal Year. Represents Permit Fees paid to the Florida Department of Health for the swimming pool permits. Annual service for pool bathrooms and fitness room. Services provided by Florida Pest Control. The item includes the cost of electricity for the Amenity Center provided by Clay Electric Cooperative Inc. The District has accounts with Comcast to provide cable television services for the Amenity Center. scTleheraevniDcineisgst iranircteetr3hiodaras ywcsoipnnedtrorawwcestee, bkdaawsnedibthoinaRcrildvused, recslseidwaene efMiptaninnegasgsae nemqduemniptompSpeerninvtg,i crfeelsom,ooIrnvscei. fttrnoaescpher saosnvadird yree,cpjallenaacinteo lsriininaeklrsss,e, mcrlvieriacrneo sprsofo,ofrli xdttheucerkeA.sm,teonilietytsCaenndteurr.inTahlse, All supplies needed for janitorial services of the Amenity Center. Access Cards Special Events Pool Permit ESPN The District provides ESPN in the Amenity Center. Pest Control Capital Reserve Internet/Cable Janitorial Janitorial Supplies Security System Refuse Services Cost of services for security camera, access control system, and financing for security cameras. Funding for new recreation projects. Electric Expenditures – Amenity Center (continued) 1111Co66666666n7777ti nAAAAgzzzzeaaaanlllleeeecaaaay RRRRiiiiddddggggeeee BBBBllllvvvvdddd IRAAremmrcieegl nnIartiittrioyyign CCaeetinnottneerr This includes the cost of water and sewer for the Amenity Center provided by Clay County Utility Authority. 5 Ridgewood Trails Community Development District Budget Narrative Account# Address 9999000014461577455900450123 Mont$$$$$h55556ly00025 An$$$$$n66667u00046a00000l Total $267 $3,200 Account# Address Monthly Annual 0000000000000000000000555555555556666666677707777779999222267777770111566666902445667799 11134444444112223466780111556669901144567889 -FPBGAAWWWW2airrzz sAaaaaceoaahrrrrkezllnieemmmmeanncaarl go eR SSSSRR Ma CppppRiiiv rddRrrrreoeeiiiiggaiannnnredeedd ggggkgP oBR ssss eRlLw alo WWWvBWeaca cdnWeldaaavla eayyyRR ydra iReeemy Iccec rRellclraaadleiiiaigcmmmialmateeeiideddmodned $$$$$$$$$$$$8333333555595555555555550 $$110$$$$$$$$$$,,124444446666402222225666400000000006 Total $1,375 $16,500 Vendor Description Monthly Annual LLBBaarrnniiggddhhssttccvvaaiippeewwee LCaonndtisncgaepnec syervice $11$,183323 $$11303,,050802 Total $11,965 $143,582 Vendor Description Monthly Annual $950 $11,400 Total $950 $11,400 Irrigation Repairs aTsh esoDdis rterpiclta’csecmoesnttt oanpdr otrveide emlaanindtsecnaapnicneg.servicestoallthecommonareaswithinthecommunity.Contingencyamountforcostsuch The District’s cost to provide monthly water management services to all the lakes throughout the community. The estimated cost to make repairs to the community’s irrigation system when damaged. Expenditures - Ground Maintenance 1144Co22571299n4569ti nAAWWgzzeaaaanrrlleemmcaay SSRRppiiddrriiggnneegg BBss llWWvvddaa yyPN oeSEn inCgdtonr Fr Lanoniegucrhne tS tSsiaig iIgnnrnrig Contingency The Lake Doctor Inc tThhee C DDisDt.rict is currently contracted with Riverside Management Services, Inc. to oversee the day-to-day operations of the Grounds in The item includes the cost of electricity for the common area at Ridgewood Trails provided by Clay Electric Cooperative Inc. This includes the cost of water for the common area at Ridgewood Trails provided by Clay County Utility Authority. Represents the costs associated with any miscellaneous field maintenance of the District. Electric Water Repairs and Maintenance Landscape Maintenance Operations Management Lake Maintenance 6 Description AFBdYuo2dp0gt2ee6td 7A/Tc3th1ur/au2ls6 P2r MoNjoeexnctttehds P9r/oT3jhe0rc/ut2e6d AFBdYuo 2dp0gt2eet7d REVENUES: ISCnpaterecrriyae lFs Ato Esrswaerasnrsidnm gSesunrtps-luOsn ( R1)oll $ 1 83,,23 6650490 $ $137,,73 6687483 1$1 00 - $ 1 73,,73 5625438 $ 1 93,,83 6650690 TOTAL REVENUES $ 22,223 $ 21,826 $ 110 $ 21,646 $ 23,825 EXPENDITURES: IIPnnrttineerrceeipssatt l15 5/1/11 $ 335,,,033099000 $ 335,,,033099000 $ --- $ 335,,,033099000 $ 335,,,022044099 TOTAL EXPENDITURES $ 11,780 $ 11,780 $ - $ 11,780 $ 11,498 Other Sources/(Uses) Interfund transfer In/(Out) $ - $ - $ - $ - $ - TOTAL OTHER SOURCES/(USES) $ - $ - $ - $ - $ - TOTAL EXPENDITURES $ 11,780 $ 11,780 $ - $ 11,780 $ 11,498 EXCESS REVENUES (EXPENDITURES) $ 10,443 $ 10,046 $ 110 $ 9,866 $ 12,327 (1)Carry Forward is Net of Reserve Requirement $ 3,108 Ridgewood Trails Community Development District Adopted Budget Debt Service Series 2007 Capital Improvement Revenue Bonds Interest Due 11/1/27 7 Period OuBtsatlaanndceing Coupons Principal Interest AnSneuravl iDceebt 000000000000111111111111111111111111555555555555////////////////////////000000000000000000000000111111111111111111111111////////////////////////222222233333333333333333001122334455666777788899 111111 112233445566778899001111555555555555555555005555,,,,,,,,,,,,,,,,,,,,,,,,000000000000000000000000000000000000000000000000000000000000000000000000 555555555555555555555555........................666666666666666666666666555555555555555555555555000000000000000000000000%%%%%%%%%%%%%%%%%%%%%%%% 1111111111 550000000005,,,,,,,,,,,,000000000000000000000000000000000000 ----------- 111111222222223333,,,,,,,,,,,,,,,,,,111122224455668899 447799000011334455667788002288111144446666889999446699 111111111111 3111122334555,,,,,,,,,,,,,200123345668942223555678998000003355556.............70000000002775000000000555 Total $ 115,000 $ 46,613 $ 161,613 Ridgewood Trails Community Development District AMORTIZATION SCHEDULE Debt Service Series 2007 Capital Improvement Revenue Bonds 8 Description AFBdYuo2dp0gt2ee6td 7A/Tc3th1ur/au2ls6 P2r MoNjoeexnctttehds P9r/oT3jhe0rc/ut2e6d AFBdYuo 2dp0gt2eet7d REVENUES: ICnatrerrye Fsto Irnwcaormde Balance 2$0 67,,030304 2$0 78,,161102 $ 1,600 - 2$0 88,,761102 2$9 79,,080209 TOTAL REVENUES $ 213,334 $ 215,722 $ 1,600 $ 217,322 $ 306,829 EXPENDITURES: CROatehppeiatriar Cl &Our uMrtelaaniynt tCehnaarngcees $ 3300,,00 5000000 $ 347,,,279115578 5,00 8$00 - $1 342,,,297591578 $ 3300,,00 6005000 TOTAL EXPENDITURES $ 60,500 $ 15,889 $ 5,080 $ 20,969 $ 60,650 Other Sources/(Uses) Transfer in/(Out) $ 103,476 $ 103,476 $ - $ 103,476 $ 73,856 TOTAL OTHER SOURCES/(USES) $ 103,476 $ 103,476 $ - $ 103,476 $ 73,856 EXCESS REVENUES (EXPENDITURES) $ 256,310 $ 303,309 $ (3,480) $ 299,829 $ 320,035 Ridgewood Trails Community Development District Adopted Budget Capital Reserve Fund 9 Neighborhood UOn&itMs ERU ETRotUasl B2Uo0nn0itd7ss FY 2027 FY2026 Increase/ (decrease) FY 2027 FY2026 Increase/ (decrease) FY 2027 FY2026 Increase/ (decrease) 50' 470 0.71 333.7 9 $958.00 $958.00 $0.00 $761.14 $761.14 $0.00 $1,719.14 $1,719.14 $0.00 60' 221 0.86 190.06 8 $1,160.39 $1,160.39 $0.00 $920.15 $920.15 $0.00 $2,080.54 $2,080.54 $0.00 Total 70' 6091 1 5230.76 107 Ridgewood Trails Community Development District Non-Ad Valorem Assessments Comparison 2026-2027 Annual Maintenance Assessments Annual Debt Assessments Total Assessed Per Unit 10