Rancho Grande	
Community Development District	

Approved Proposed Budget	
FY 2026	

Table of Contents

1

2-3

4

	General Fund

	Narratives

	Assessment Schedule

Rancho Grande	
Community Development District	
Approved Proposed Budget	
General Fund	

Approved
Proposed Budget	
Description	FY 2026	

REVENUES:

Developer Contributions/Maintenance Assessments	$	125,443	

TOTAL REVENUES	$	125,443	

EXPENDITURES:

Administrative			
Engineering	$	12,000		
Arbitrage	550	(1)	
Dissemination	1,200	(1)	
Assessment Roll	2,000	(1)	
Attorney	18,000		
Annual Audit	4,500	(1)	
Trustee Fees	4,200	(1)	
Management Fees	30,000		
Website Admin/IT	1,000		
Postage	250		
Insurance	5,500		
Printing & Binding	500		
Legal Advertising	10,000		
Other Current Charges	500		
Office Supplies	68		
Dues, Licenses & Subscriptions	175		

TOTAL ADMINISTRATIVE	$	90,443	

Field Expenditures

Landscape Maintenance	$	15,000	
Road	10,000	
Contingencies	10,000	

TOTAL FIELD EXPENDITURES	$	35,000	

TOTAL EXPENDITURES	$	125,443	

EXCESS REVENUES (EXPENDITURES)	$	-	
(1) Represents costs associated with the issuance of Bonds.

Rancho Grande	
Community Development District	
Budget Narrative	
FY 2026	

REVENUES	

Developer Contributions/Assessments	
The District will levy a Non-Ad Valorem assessment on all platted lots withing the Districts to pay all of the operating expenditures for the Fiscal Year in Accordance with the Adopted Budget.	

Expenditures - Administrative	

Engineering	
The District's engineer will provide general engineering services to the District, i.e. attendance and preparation for monthly board meetings, review of invoices, and other specifically requested assignments.	
Attorney	
The District’s Attorney, will be providing general legal services to the District, i.e., attendance and preparation for monthly Board meetings, review of contracts, review of agreements and resolutions, and other research assigned as directed by the Board of Supervisors and the District Manager.	
Annual Audit	
The District is required to conduct an annual audit of its financial records by an Independent Certified Public Accounting Firm. The budgeted amount for the fiscal year is based on contracted fees from the previous year engagement plus anticipated increase.	

Assessment Roll Administration	
GMS SF, LLC provides assessment services for closing lot sales, assessment roll services with the local Tax Collector and financial advisory services.	
Arbitrage Rebate	
The District has contracted with its independent auditors to annually calculate the arbitrage rebate liability on its bonds.	
Dissemination Agent	
The District is required by the Security and Exchange Commission to comply with Rule 15(c)(2)-12(b)(5), which relates to additional reporting requirements for un-rated bond issues.	
Trustee Fees	
The District bonds will be held and administered by a Trustee. This represents the trustee annual fee.	
Management Fees	
The District receives Management, Accounting and Administrative services as part of a Management Agreement with Governmental Management Services-South Florida, LLC. The budgeted amount for the fiscal year is based on the contracted fees outlined in Exhibit "A" of the Management Agreement.	
Website Maintenance/IT	
Per Chapter 2014-22, Laws of Florida, all Districts must have a website to provide detailed information on the CDD as well as links to useful websites regarding Compliance issues. This website will be maintained by GMS-SF, LLC and updated monthly.	
Postage and Delivery	
Actual postage and/or freight used for District mailings including agenda packages, vendor checks and other correspondence.	
Insurance General Liability	
The District's General Liability & Public Officials Liability Insurance policy is with a qualified entity that specializes in providing insurance coverage to governmental agencies. The amount is based upon similar Community Development Districts.	
Printing and Binding	
Copies used in the preparation of agenda packages, required mailings, and other special projects.	

Rancho Grande	
Community Development District	
Budget Narrative	
FY 2026	

Expenditures - Administrative (continued)	
Legal Advertising	
The District is required to advertise various notices for monthly Board meetings and other public hearings in a newspaper of general circulation.	
Other Current Charges	
This includes monthly bank charges and any other miscellaneous expenses that incur during the year.	
Office Supplies	
Supplies used in the preparation and binding of agenda packages, required mailings, and other special projects.	
Due, Licenses & Subscriptions	
The District is required to pay an annual fee to Florida Commerce for $175.	
Contingencies	
A contingency for any unanticipated and unscheduled cost to the District.	

Expenditures – Field	

Landscape Maintenance	
The cost of maintaining the common areas within the District boundaries.	
Contingencies	
A contingency for any unanticipated and unscheduled cost to the District.	

Rancho Grande	
Community Development District	
FY 2026	

Type	# Units	Gross Assessment	Net Assessment	Gross Assmt Per
Unit	Net Assessment Per
Unit	

Single Family	
150	
$	132,045	
$	125,443	
$	880.30	
$	836.29	
	150	$	132,045