Deer Run Community Development District 475 West Town Place Suite 114 St. Augustine, Florida 32092 District Website: www.DeerRunCDD.com April 22, 2026 Board of Supervisors Deer Run Community Development District Dear Board Members: The Workshop of the Deer Run Community Development District Meeting is scheduled for Wednesday, April 29, 2026, at 6:30 p.m. at the Island Club, 501 Grand Reserve Drive, Bunnell, Florida 32110. Following is the advance agenda for the meeting: I. Roll Call II. Audience Comments (regarding agenda items listed below) III. Discussion of the Fiscal Year 2027 Budget IV. Supervisor’s Request V. Public Comments VI. Next Scheduled Meeting – May 27, 2026, at 6:30 p.m. @ Island Club VII. Adjournment Deer Run Community Development District Proposed Budget FY 2027 General Fund Page 1-2 General Fund Assessment Table Page 3 General Fund Narrative Page 4-10 Capital Reserve Fund Page 11 Debt Service Fund - Series 2018 Page 12 Series 2018 Amortization Schedule Page 13 Table of Contents ADOPTED ACTUAL PROJECTED DESCRIPTION BFUYD2G0E2T6 3/T3H1R/U26 MNOENXTTH 6S 9T/AO3S0T O/AF2L6 PRBFOUYPD2O0G2SEE7TD (IDNREECCVRRIESEAIAOSSENE/) Cha%nge IGRARnoseetslnvefeet rsCaneslosmu uIten er-sc snSoetBm sLAea/kMe Misca. iInntce.nance $1,0$01$604$,,,705640046002 $99$$$0125,,,,102360276025 $1$$624$,,,533580250002 $1,00$$$6149,,,,746740246225 $ 1,0$01$604$,,,705640040602 $$$$0000 0000%%%% TOTAL REVENUES $ 1,021,888 $ 998,763 $ 23,752 $ 1,022,515 $ 1,021,888 $ 0 0.00% Expenditures Administrative IISFLPPETTTAAAAOODDDMWnnIeutrrrrseonniiuftCasstfseisbaugfhpslgnonoeuscneieAbtvaisceeielusrrattpsran tolseerrirnm,Em seaag nighsA e lavLtmeSC xenleueageeoPiidgi uypcns uAcmr t rneeFeveMo&epieeauirnoeerennrern tp d anetSr BigeDnsFs oltiiso ReiinntteieiTnenfse sotteFtseid mewln&sCeclin ghneha SSasngreauneorrbc vgleosiecgcserysiptions $$$124$$$$$$$$$057122233488$$$$$$$$$,,,,,,,,,,,,002111246788002255679002001255567000002578$0060000025890000004560 $$12$$$$$$00222357$$$$$$$$$,,,,,,,,0111223335567789914001114678001358$$$$$3704455558900356600004 $2$$$$03456$$$$$$$$$$,,,,,112333445660037$$10000001334567855$$$$$2000002455566890000000 $$$114$$$$$$$$$016111223367$$$$$$$,,,,,,,,,,,,0241244567123557789$$247001111235557778855$2570000011245556888040 $$$124$$$$$$$$$$2571122223488$$$$$$$$$,,,,,,,,,,,,,002111246788000235578900300000000145555667790070000000000024445568 $$(12$$,,8100$$013366$$$$$$$$$$$$$$$$0184600000000000000009) 1-020400000000000000005555%%%%%%%%%%%%%%%%%%%%%% Total Administrative $ 123,195 $ 58,779 $ 43,332 $ 102,111 $ 125,576 $ 2,381 1.93% Maintenance IISSFLLLCETMWrriitaaalrorredrueaeknnniielecggtlededdcteetwaa i hrssrtMnPMtticca ciiRgr&aaoolaaukeeppnn inS nnnpeeR aePRtica engewCMyueiperngopmeaamanariinpntrieric tnnPseegtrn aeeannvndeccyn eRteaptiavier sMaintenance $1$$$$$$5112249$$$$$901255922455,,,,,,,,,,,,400034702557200002200025$5000000000050 $$$$$11256$000275$$,,,,,,0113635601233451$$$$$0234601000000 $$$$$11256$$$$$$$000271122257,,,,,,,,,,,,011370012255011230000255$0234600000050 $$11$$$$031224$$$$$$040005112228,,,,,,,,,,,,260233011257360144002559$2400680000150 $$11$$$$$0511224$$$$$$1411256223455,,,,,,,,,,,,,240024902557802002580002550500025000005 ($(1$$$$$$5112390,,,,,,,02289000035800$$$$$$0002500000000)) 1-0411-0700300000055%%%%%%%%%%%%% Total Maintenance $ 392,840 $ 166,706 $ 181,910 $ 348,616 $ 396,107 $ 3,267 0.83% Amenity Center Deer Run Community Development District General Fund Budget ADOPTED ACTUAL PROJECTED DESCRIPTION BFUYD2G0E2T6 3/T3H1R/U26 MNOENXTTH 6S 9T/AO3S0T O/AF2L6 PRBFOUYPD2O0G2SEE7TD (IDNREECCVRRIESEAIAOSSENE/) Cha%nge Deer Run Community Development District General Fund Budget Amenities Management $83,228 $41,614 $41,616 $83,230 $87,389 $4,161 5% Facilities Assistant $29,896 $18,495 $24,000 $42,495 $41,760 $11,864 40% Property Insurance $40,000 $34,786 $0 $34,786 $40,000 $0 0% Pool Maintenance $21,600 $11,030 $10,800 $21,830 $21,600 $0 0% Pool Chemicals $21,600 $9,798 $9,990 $19,788 $23,328 $1,728 8% Janitorial Services $20,000 $10,550 $10,500 $21,050 $22,000 $2,000 10% Pest Control $1,213 $652 $654 $1,306 $1,371 $159 13% Facilities Maintenance $25,000 $8,176 $8,176 $16,352 $35,000 $10,000 40% Cable, Internet & Telephone Services $6,261 $2,264 $2,118 $4,382 $6,261 $0 0% Electric - Amenities $18,480 $8,146 $9,000 $17,146 $19,404 $924 5% Water & Sewer - Amenities $58,727 $23,998 $30,000 $53,998 $61,663 $2,936 5% Gas Service $1,045 $416 $416 $832 $1,045 $0 0% Security Monitoring $4,000 $3,950 $1,926 $5,876 $4,000 $0 0% Access Cards $500 $890 $0 $890 $500 $0 0% Operating Supplies $3,308 $2,308 $2,308 $4,616 $3,473 $165 5% Amenity Repairs & Maintenance $25,000 $20,003 $7,200 $27,203 $35,000 $10,000 40% HVAC Preventative Maintenance $0 $0 $0 $0 $1,800 $1,800 100% Pool Repairs & Maintenance $20,000 $17,703 $2,500 $20,203 $15,000 ($5,000) -25% Special Events $17,500 $7,165 $10,335 $17,500 $17,500 $0 0% Holiday Décor $2,000 $1,340 $660 $2,000 $2,000 $0 0% Fitness Center Repairs & Maintenance $1,500 $548 $500 $1,048 $1,500 $0 0% Office Supplies $2,500 $792 $792 $1,584 $2,500 $0 0% Elevator Maintenance $2,000 $1,355 $750 $2,105 $2,000 $0 0% Pressure Washing $10,000 $6,187 $3,813 $10,000 $12,000 $2,000 20% Refuse $4,000 $0 $2,000 $2,000 $4,000 $0 0% Contingency $1,000 $538 $500 $1,038 $1,000 $0 0% Total Amenity Center 420,357 $ 232,704 $ 180,554 $ 413,258 $ 463,095 $ 42,738 $ 10.17% Other Sources/(Uses) Capital Reserve - Transfer out $85,496 $85,496 $0 $85,496 37,110 $ ($48,386) -57% Total Other Sources/(Uses) 85,496 $ 85,496 $ - $ 85,496 $ 37,110 $ (48,386) $ -57% TOTAL EXPENDITURES 1,021,888 $ 543,685 $ 405,796 $ 949,481 $ 1,021,888 $ (0) $ EXCESS REVENUES/(EXPENDITURES) (0) $ 455,078 $ (382,044) $ 73,034 $ 0 $ 0 $ Lot Size No. of Units ERU Value Total ERU's % AFsYse2sN7s emTto etnatls AFsYse2Gs7rso mTsose tnatls FYA2ss7Ge Psrsoemsrs eU nntit 457CGoo005lm'''f mCoeurrcsiael 34163411548 0010...1566.5479 225233176467.6.15...4699368 14401124..34...34502116%%%%% $$$$225$$5012177456,,16,7,,,455009467155016..29.0...689159005 $$$$225$$6233171889,,57,4,,,288058567394378..45.1...137134479 $$$$$11556,,070470003537...239..4924714 Lot Size No. of Units ERU Value Total ERU's % AFsYse2sN7s emTto etnatls AFsYse2Gs7rso mTsose tnatls FYA2ss7Ge Psrsoemsrs eU nntit 457CGoo005lm'''f mCoeurrcsiael 34163411548 00111 3486344001348 4500702...002..0600479%%%%% $$$$22530066$$003,001,,,245..900055500356.1...2276077 $$$$22531388$$023,005,,,123..000356500389.4...1249479 $$$666$$33300111..00...22200444 Lot Size No. of Units FYA2ss7e sTsomtaeln Ntset AFsYse2Gs7rso mTsose tnatls AFsYPs2ee7rs sUGmrneoitsn st AFsYPs2ee6rs sUGmrneoitsn st Increase PeInrccerenatasege 457CGoo005lm'''f mCoeurrcsiael 34163411548 $$$1$44$$,9018173058,,16,69,,1900,9712150489..29.62..6915.50270 $$$1$45$$,9024179701,,57,19,,1605,8013399058..45.66..2613.23118 $$$$$11115,,,,13670003731369.9....144571678 $$$$$11115,,,,13670003730268.1....555630069 -$$$$$00021....0688.111461 00000%%%%% Operations & Maintenance Assessments - No Amenities Operations & Maintenance Assessments - Amenities Operations & Maintenance Assessments - Combined FY2027 Budget Deer Run Community Development District GENERAL FUND BUDGET REVENUES: Assessments The District will levy a non-ad valorem special assessment on taxable property within the District to fund all general operating and maintenance expenditures for the Fiscal Year. It will also enter into a Deficit Funding Agreement with landowner to fund the District’s general operating and maintenance expenses throughout the fiscal year. Golf Course Lake Maintenance Contribution The District’s Lake Maintenance expense will be partially funded by contributions from the Golf Course. Rental/Miscellaneous/Interest Income Miscellaneous income received on behalf of the District. The District will have all excess funds invested with State Board of Administration. The amount is based upon the estimated average balance of funds available during the fiscal year. EXPENDITURES: Administrative: Supervisor Fees The Florida Statutes allows each supervisor to be paid per meeting, for the time devoted to District business and board meetings. The amount is based upon 8 Supervisors attending meetings during the fiscal year. FICA Expense Represents the Employer’s share of Social Security and Medicare taxes withheld from Board of Supervisor checks. Engineering The District's engineer, Dewberry Engineers, Inc., will be providing general engineering services to the District, e.g. attendance and preparation for monthly board meetings, review invoices, etc. Dissemination The District is required by the Security and Exchange Commission to comply with Rule 15c2-12(b) (5) which relates to additional reporting requirements for unrated bond issues. Disclosure Software The District is required to utilize software provided by Disclosure Technology Services, LLC. Attorney The District's legal counsel will be providing general legal services to the District, e.g. attendance and preparation for monthly meetings, preparation and review of agreements, resolutions, etc. Deer Run Community Development District GENERAL FUND BUDGET Annual Audit The District is required by Florida Statutes to arrange for an independent audit of its financial records on an annual basis. The District is contracted with Berger, Toombs, Elam Gaines & Frank to provide this service. Trustee Fees The District’s Series 2018 Capital Improvement Revenue Bonds are held with a Trustee at Regions Bank. Arbitrage The District will contract with an independent certified public accountant, to annually calculate the District's Arbitrage Rebate Liability once the Bonds are issued. The District has contracted with AMTEC Corporation to provide this service. Assessment Roll Services Represents cost associated with certifying, invoicing and collections of annual operations and maintenance and debt service assessments. Management Fees The District has contracted with Governmental Management Services - Central Florida, LLC to provide Management, Accounting and Recording Secretary Services for the District. The services include, but are not limited to, recording and transcription of board meetings, administrative services, budget preparation, all financials reporting, annual audits, etc. Information Technology Represents costs related to the District’s information systems, which include but are not limited to video conferencing services, cloud storage services and servers, positive pay implementation and programming for fraud protection, accounting software, tablets for meetings, Adobe, Microsoft Office, etc. Website Maintenance Represents 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. Governmental Management Services – Central Florida, LLC provides these services. Telephone Telephone and fax machine. Postage Mailing of agenda packages, overnight deliveries, checks for vendors, and any other required correspondence, etc. Insurance Represents the District’s general liability, public officials liability and property insurance coverage, which is provided by Florida Insurance Alliance (FIA). FIA specializes in providing insurance coverage to governmental agencies. Deer Run Community Development District GENERAL FUND BUDGET Printing & Binding Printing and Binding agenda packages for board meetings, printing of computerized checks, stationary, envelopes etc. Travel Per Diem The Board of Supervisors can be reimbursed for travel expenditures related to the conducting of District business. Legal Advertising Advertising of monthly board meetings, public hearings, and any services that are required to be advertised for public bidding, i.e. audit services, engineering service, maintenance contracts and any other advertising that may be required. Other Current Charges Bank charges and any other miscellaneous expenses 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, pens, paper clips, and other such office supplies. Dues, Licenses & Subscriptions The District is required to pay an annual fee to the Florida Department of Commerce for $175. This is the only expense under this category for the District. Maintenance: Field Management The District is contracted with Riverside Management Services, Inc. to provide onsite field management of contracts for District Services such as landscape maintenance. Services to include weekly site inspections, meetings with contractors, monitoring of utility accounts, attend Board meetings and receive and respond to property owner phone calls and emails. Electric This represents the District cost for electric and street lighting with Florida, Power & Light. Water & Sewer The District incurs cost for water with the City of Bunnell. Deer Run Community Development District GENERAL FUND BUDGET Landscape Maintenance The District will incur landscape maintenance expenses, which include mowing, edging, string-trimming, annual flower replacements, shrub and palm pruning, weeding, fertilization, pine straw, pest control and irrigation inspections during the fiscal year. Landscape Contingency To record the cost of landscape enhancements as well as any miscellaneous landscape items currently not budgeted or covered in landscape contract. Mulch Represents estimated costs for supplemental mulch to be added during the fiscal year. Tree Pruning Represents the costs of trimming trees throughout the fiscal year. Lake Maintenance and Repairs The monthly aquatic management service of 28 waterways for the District is provided by Applied Aquatic Management. Services include monthly inspections and treatment for the continued control of torpedo grass, cattails, spike rush and algae. Irrigation Repairs To record the cost of repairs to the irrigation system. Irrigation Pump Preventative Maintenance To record the cost of preventative maintenance on the irrigation pump station. Sidewalk Repairs Represents costs for any side walk repairs for areas owned and maintained by the District. Street Repairs Represents costs for any street repairs for areas owned and maintained by the District. Contingency To record the cost of any maintenance expenses not properly classified in any of the other accounts. Amenity Center: Amenities Management Represents the cost to staff the Amenity Center, oversee maintenance contracts related to the Amenity Center, conduct various special events throughout the year, administer rental program, respond to resident request, etc. Deer Run Community Development District GENERAL FUND BUDGET Facilities Assistant Cost to provide assistance to Facility Manager during summer weekend hours, special events, etc. contracted with Riverside Management Services. Property Insurance The District will incur fees to insure items owned by the District for its property needs. Coverage is provided by Florida Insurance Alliance (FIA). FIA specializes in providing insurance coverage for government agencies. Pool Maintenance Represents estimated costs of regular cleaning and treatments of the pools within the District. Pool Chemicals Represents the costs of pool chemicals purchased to maintain the pool not covered by the pool maintenance contract. Janitorial Services Represents estimated costs to provide janitorial services and supplies for the District’s amenity center. Pest Control The District will incur costs for pest control treatments to its amenity center. Facilities Maintenance Represents the estimated costs to provide routine repairs and maintenance on the District’s common areas and amenities. Cable, Internet & Telephone Services The District will obtain cable television, internet and phone services for its amenity center. Electric – Amenities This represents the estimated cost for electric utilities of the Amenity Center. Water & Sewer – Amenities This represents the estimated cost for electric utilities of the Amenity Center. Gas Service Represents estimated gas services provided at the amenity center. Deer Run Community Development District GENERAL FUND BUDGET Security Monitoring Represents estimated costs of maintaining security systems for the amenity center and any maintenance needed to those systems. Access Cards Represents the estimated cost for providing and maintaining an access card system. Operating Supplies Represents estimated costs of supplies purchased for operating and maintaining common areas. Amenity Repairs & Maintenance Represents estimated cost for repairs and maintenance of the amenity center. HVAC Preventative Maintenance Represents cost for preventative maintenance of the HVAC system at the Amenity Center. Pool Repairs & Maintenance Estimated miscellaneous pool maintenance cost not included under the agreements with Aquatic Express. Special Events The Facilities Manager will coordinate and provide various activities throughout the year. The amount represents the cost of supplies, notice of events, etc. Holiday Decor The District will incur costs to related to the decoration of common areas during the Holidays. Fitness Center Repairs & Maintenance Represents costs related to repairing and maintaining the fitness equipment owned by the District. 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, pens, paper clips, and other such office supplies. Elevator Maintenance Represents costs of repairs and maintenance of the elevators. Pressure Washing Represents costs of pressure washing the amenity center and other facilities. Deer Run Community Development District GENERAL FUND BUDGET Refuse Represents costs of a dumpster and dumpster maintenance. Contingency To record the cost of any amenity expenses not properly classified in any of the other accounts. OTHER SOURCES AND USES: Capital Reserve – Transfer Out Funds transfer out to Capital Projects fund for repairs and replacement of District-owned capital assets. ADOPTED ACTUAL DESCRIPTION BFUYD2G0E2T6 3/T3H1R/U26 PRMNOOEJNEXTCTHT 6ESD 9T/AO3S0T O/AF2L6 PRBFOUYP2DO0G2SEE7TD ICRnaetrvereryne Fsutoe -rs wSBaArd Surplus $27$11,,505010 $21$94,,540343 $2,00$00 $21$96,,540343 $ 25$91,,201005 TOTAL REVENUES $ 272,551 $ 223,937 $ 2,000 $ 225,937 $ 260,215 Expenditures CMaispcietallla Onueotluasy Expense $$00 $52,1$3404 $4$40 $52,1$3808 $$00 TOTAL EXPENDITURES $ - $ 52,174 $ 44 $ 52,218 $ - Other Sources/(Uses) Capital Reserve - Transfer In $85,496 $85,496 $0 $85,496 $37,460 Total Other Sources/(Uses) $ 85,496 $ 85,496 $ - $ 85,496 $ 37,460 EXCESS REVENUES $ 358,047 $ 257,259 $ 1,956 $ 259,215 $ 297,675 Deer Run Community Development District Capital Reserve Fund Budget ADOPTED ACTUAL DESCRIPTION BFUYD2G0E2T6 3/T3H1R/U26 PRMNOOEJNEXTCTHT 6ESD 9T/AO3S0T O/AF2L6 PRBFOUYP2DO0G2SEE7TD ICPARnrsaetserveeprersyanes yFsmutmoeersenwntastsrd Surplus $$36$371583,,,360680$8800 $$46$381$0945,,,,490335871465 $3,52$$$2000 $$46$381$0975,,,,496335071485 $$46$391463,,,260890$5800 TOTAL REVENUES $ 1,027,056 $ 1,139,846 $ 3,522 $ 1,143,368 $ 1,143,983 Expenditures IISPnnprttieneecrrcieeiapssl attC l--a -15l l5 /1-/1 /1111/1 $$$222003033,,,077055$0000 $2$0130,,4070$$5000 $$220303,,0200$$0500 $$$222$00310330,,,,024000700550 $$$112499566,,,099099$0550 TOTAL EXPENDITURES $ 637,500 $ 213,475 $ 433,205 $ 646,680 $ 638,990 EXCESS REVENUES $ 389,556 $ 926,371 $ (429,684) $ 496,688 $ 504,993 Interest 11/1 $190,380 Deer Run Community Development District Debt Service Fund Budget - Series 2018 Date Balance Prinicpal Interest Total 05/01/26 7,475,000.00 $ 230,000.00 $ 203,205.00 $ 11/01/26 7,245,000.00 $ - $ 196,995.00 $ 630,200.00 $ 05/01/27 7,245,000.00 $ 245,000.00 $ 196,995.00 $ 11/01/27 7,000,000.00 $ - $ 190,380.00 $ 632,375.00 $ 05/01/28 7,000,000.00 $ 260,000.00 $ 190,380.00 $ 11/01/28 6,740,000.00 $ - $ 183,360.00 $ 633,740.00 $ 05/01/29 6,740,000.00 $ 275,000.00 $ 183,360.00 $ 11/01/29 6,465,000.00 $ - $ 175,935.00 $ 634,295.00 $ 05/01/30 6,465,000.00 $ 285,000.00 $ 175,935.00 $ 11/01/30 6,180,000.00 $ - $ 168,240.00 $ 629,175.00 $ 05/01/31 6,180,000.00 $ 305,000.00 $ 168,240.00 $ 11/01/31 5,875,000.00 $ - $ 160,005.00 $ 633,245.00 $ 05/01/32 5,875,000.00 $ 320,000.00 $ 160,005.00 $ 11/01/32 5,555,000.00 $ - $ 151,365.00 $ 631,370.00 $ 05/01/33 5,555,000.00 $ 340,000.00 $ 151,365.00 $ 11/01/33 5,215,000.00 $ - $ 142,185.00 $ 633,550.00 $ 05/01/34 5,215,000.00 $ 355,000.00 $ 142,185.00 $ 11/01/34 4,860,000.00 $ - $ 132,600.00 $ 629,785.00 $ 05/01/35 4,860,000.00 $ 375,000.00 $ 132,600.00 $ 11/01/35 4,485,000.00 $ - $ 122,475.00 $ 630,075.00 $ 05/01/36 4,485,000.00 $ 395,000.00 $ 122,475.00 $ 11/01/36 4,090,000.00 $ - $ 111,810.00 $ 629,285.00 $ 05/01/37 4,090,000.00 $ 420,000.00 $ 111,810.00 $ 11/01/37 3,670,000.00 $ - $ 100,470.00 $ 632,280.00 $ 05/01/38 3,670,000.00 $ 445,000.00 $ 100,470.00 $ 11/01/38 3,225,000.00 $ - $ 88,455.00 $ 633,925.00 $ 05/01/39 3,225,000.00 $ 465,000.00 $ 88,455.00 $ 11/01/39 2,760,000.00 $ - $ 75,900.00 $ 629,355.00 $ 05/01/40 2,760,000.00 $ 495,000.00 $ 75,900.00 $ 11/01/40 2,265,000.00 $ - $ 62,287.50 $ 633,187.50 $ 05/01/41 2,265,000.00 $ 520,000.00 $ 62,287.50 $ 11/01/41 1,745,000.00 $ - $ 47,987.50 $ 630,275.00 $ 05/01/42 1,745,000.00 $ 550,000.00 $ 47,987.50 $ 11/01/42 1,195,000.00 $ - $ 32,862.50 $ 630,850.00 $ 05/01/43 1,195,000.00 $ 580,000.00 $ 32,862.50 $ 11/01/43 615,000.00 $ - $ 16,912.50 $ 629,775.00 $ 05/01/44 615,000.00 $ 615,000.00 $ 16,912.50 $ 631,912.50 $ 7,475,000.00 $ 4,523,655.00 $ 11,998,655.00 $ Deer Run Community Development District Series 2018 Special Assessment Bonds Amortization Schedule