Copper Creek	
Community Development District	

Proposed Budget	
FY 2027	

Table of Contents

1-2		General Fund	

3	
	Series 2021 Note Amortization Schedule	

4-5	
	Narratives	

6	
	Debt Service Fund Series 2019	

7	
	Series 2019 Amortization Schedule	

8	
	Assessment Schedule	

Copper Creek	
Community Development District	
Proposed Budget	
General Fund	

Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Proposed Budget	
Description	FY2026	3/31/26	6 Months	9/30/26	FY 2027	

REVENUES:

Special Assessments - On Roll	$144,185	$139,208	$4,978	$144,185	$144,185	
Stormwater Rebate	76,896	-	76,896	76,896	$76,896.00	
Interest income	9,937	10,813	10,813	21,626	9,937	

TOTAL REVENUES	$231,018	$150,020	$92,687	$242,707	$231,018	

EXPENDITURES:

Administrative						
Supervisor Fees	$4,000	$-	$1,800	$1,800	$4,000	
FICA Taxes	306	-	138	138	306	
Engineering	10,000	11,260	11,260	22,520	15,000	
Attorney	15,000	2,750	3,850	6,600	15,000	
Assessment Administration	4,971	4,971	-	4,971	4,971	
Annual Audit	5,000	4,200	-	4,200	5,000	
Arbitrage Rebate	1,200	-	600	600	1,200	
Dissemination Agent	5,350	2,675	2,675	5,350	5,350	
Trustee Fees	6,000	4,000	-	4,000	6,000	
Management Fees	37,415	18,708	18,707	37,415	38,163	
Information Technology	1,200	600	600	1,200	1,284	
Website Maintenance	1,200	600	600	1,200	1,284	
Telephone	50	-	25	25	50	
Postage & Delivery	500	98	250	348	500	
Printing & Binding	600	5	300	305	600	
Insurance General Liability	8,900	7,895	-	7,895	9,345	
Legal Advertising	1,500	-	750	750	1,500	
Other Current Charges	700	409	350	759	700	
Office Supplies	100	0	50	50	100	
Dues, Licenses & Subscriptions	175	175	-	175	175	
Capital Outlay	100	-	50	50	100	
Operating Reserve	17,870	-		-	43,494	

TOTAL ADMINISTRATIVE	$122,137	$58,346	$42,005	$100,351	$154,122	
Operations & Maintenance

Field Expenditures						
Field Management	$2,140	$1,070	$1,070	$2,140	$2,290	
Lake Management	15,500	7,650	7,650	15,300	15,500	
Midge Control	5,700	2,808	2,808	5,616	5,700	
Littoral Maintence	1,800	900	900	1,800	1,800	
Stormwater Maintenance /R&R	48,896	69,750	15,000	84,750	46,746	
Stormwater Contingencies	4,860	4,490	$4,490	8,980	4,860	
TOTAL FIELD EXPENDITURES	$78,896	$86,668	$19,490	$93,730	$76,896	

Copper Creek	
Community Development District	
Proposed Budget	
General Fund	

Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Proposed Budget	
Description	FY2026	3/31/26	6 Months	9/30/26	FY 2027	

Street Lighting Loan						
Series 2021 						
Interest - 11/01	$707	$709	$-	$709	$-	
Principal - 5/1	28,571	-	28,571	28,571	-	
Interest - 5/01	707	-	707	707	-	

TOTAL STREET LIGHTING LOAN	$29,985	$709	$29,278	$29,987	$-	

TOTAL EXPENDITURES	$231,018	$145,722	$90,773	$224,068	$231,018	

EXCESS REVENUES (EXPENDITURES)	$0	$4,298	$1,913	$18,639	$	-	

Gross Assessments	
Less: Discounts & Collections 5%	
Net Assessments	

$	153,389	
	(9,203) 	
 $	144,185 	

Product	Assessable Units	Total Gross Assessment	FY26
Gross Per Unit	FY27
Gross Per Unit	Increase/ (Decrease)	

Single Family	576	$  153,388.80	$	266.30	$	266.30	$	-	

Total	576	$ 153,388.80	

Copper Creek	
Community Development District	
Budget Narrative	

REVENUES	

Special Assessments-Tax Roll	
The District will levy a Non-Ad Valorem assessment on all sold and platted parcels within the District in order to pay for the operating expenditures during the Fiscal Year.	
Storm Water Fee Assessment	
The City of Port St. Lucie assesses the residents of the District for Repairs, Maintenance and Capital Improvements of the Drainage System. The city then remits the storm water fees less an administrative fee to the District since the District provides all of these services.	
Interest	
The District earns interest on the monthly average collected balance for each of their investment accounts.	

Expenditures - Administrative	

Supervisors Fees	
Chapter 190 of the Florida Statutes allows for members of the Board of Supervisors to be compensated
$200 per meeting in which they attend.  The budgeted amount for the fiscal year is based on all supervisors attending 6 meetings.	
FICA Taxes	
Payroll taxes on Board of Supervisor’s compensation. The budgeted amount for the fiscal year is calculated at 7.65% of the total Board of Supervisor’s payroll expenditures.	
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.	
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.	
Information Technology	
The District processes all of its financial activities, i.e. accounts payable, financial statements, etc. on a main frame computer leased by Governmental Management Services – South Florida, LLC.	
Website Maintenance	
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.	
Communication - Telephone	
New internet and Wi-Fi service for Office.	

Copper Creek	
Community Development District	
Budget Narrative	

Expenditures - Administrative (continued)	
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.	
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 the Florida Department of Commerce for $175.	
Capital Outlay	
Represents any minor capital expenditures the District may need to make during the Fiscal Year such as a file cabinet for District files.	
Operating Reserves	
Funds for expenditures of the District will be incurred before assessments are collected.	
Contingencies	
A contingency for any unanticipated and unscheduled cost to the District.	

Expenditures – Field	

Field Management	
The District has a contract Governmental Management Services, South Florida, LLC for on-site management. The responsibilities include reviewing contracts and other maintenance related items.	
Stormwater Maintenance/R&R	
Represents the maintenance of the stormwater management system.	
Stormwater Contingencies	
Represents any contingencies of the stormwater management system.	
Lake Management	
The district has an agreement with Solitude Lake Management which includes monthly cleaning of all District lakes.	
Midge Control	
The district has an agreement with Solitude Lake Management which includes monthly midge management services.	
Littoral Maintenance	
The district has an agreement with Solitude Lake Management which includes monthly maintenance of littoral plants.	

Copper Creek	
Community Development District	
Proposed Budget	
Debt Service Series 2019 Special Assessment Refunding Bonds	

Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Proposed Budget	
Description	FY2026	3/31/26	6 Months	9/30/26	FY 2027	

REVENUES:

Special Assessments - On Roll	$323,127	$311,971	$11,156	$323,127	$323,127	
Special Assessments - Prepaid	-	7,462	-	7,462	-	
Interest Earnings	10,000	8,493	8,493	16,985	10,000	
Carry Forward Surplus (1)	310,400	304,862	-	304,862	339,748	
TOTAL REVENUES	$643,527	$632,787	$19,649	$652,436	$672,875	

EXPENDITURES:

Interest - 11/1	$107,281	$107,406	$-	$107,406	$105,406	
Principal - 11/1	100,000	100,000	-	100,000	105,000	
Interest - 5/1	105,281	-	105,281	105,281	103,306	

TOTAL EXPENDITURES	$312,563	$207,406	$105,281	$312,688	$313,713	

TOTAL EXPENDITURES	$312,563	$207,406	$105,281	$312,688	$313,713	

EXCESS REVENUES (EXPENDITURES)	$330,965	$425,381	$(85,632)	$339,748	$359,163	

Interest Due 11/1/27	$103,306.25	
Principal Due 11/1/27	$110,000.00	
	$213,306.25	

(1) Carry Forward is Net of Reserve Requirement

Gross Assessments	
Less: Discounts & Collections 5%	
Net Assessments	

$	343,752	
	(20,625) 	
 $	323,127 	

Product	Assessable Units	Total Gross Assessment	FY26
Gross Per Unit	FY27
Gross Per Unit	Increase/ (Decrease)	

Single Family	575	$	343,752.25	$	597.83	$	597.83	$	-	

Total	575	$  343,752.25	

Copper Creek	
Community Development District	
AMORTIZATION SCHEDULE	
Debt Service Series 2019 Special Assessment Refunding Bonds	

Period	Outstanding Balance	Coupons	Principal	Interest	Annual Debt Service	

11/01/26	4,370,000	4.000%	105,000	105,406		
05/01/27	4,265,000	4.000%	-	103,306	316,612.50	
11/01/27	4,265,000	4.000%	110,000	103,306		
05/01/28	4,155,000	4.000%	-	101,106	312,212.50	
11/01/28	4,155,000	4.000%	110,000	101,106		
05/01/29	4,045,000	4.000%	-	98,906	312,812.50	
11/01/29	4,045,000	4.000%	115,000	98,906		
05/01/30	3,930,000	4.000%	-	96,606	313,212.50	
11/01/30	3,930,000	4.750%	120,000	96,606		
05/01/31	3,810,000	4.750%	-	93,756	312,512.50	
11/01/31	3,810,000	4.750%	125,000	93,756		
05/01/32	3,685,000	4.750%	-	90,788	316,575.00	
11/01/32	3,685,000	4.750%	135,000	90,788		
05/01/33	3,550,000	4.750%	-	87,581	315,162.50	
11/01/33	3,550,000	4.750%	140,000	87,581		
05/01/34	3,410,000	4.750%	-	84,256	313,512.50	
11/01/34	3,410,000	4.750%	145,000	84,256		
05/01/35	3,265,000	4.750%	-	80,813	311,625.00	
11/01/35	3,265,000	4.750%	150,000	80,813		
05/01/36	3,115,000	4.750%	-	77,250	314,500.00	
11/01/36	3,115,000	4.750%	160,000	77,250		
05/01/37	2,955,000	4.750%	-	73,450	311,900.00	
11/01/37	2,955,000	4.750%	165,000	73,450		
05/01/38	2,790,000	4.750%	-	69,531	314,062.50	
11/01/38	2,790,000	4.750%	175,000	69,531		
05/01/39	2,615,000	4.750%	-	65,375	315,750.00	
11/01/39	2,615,000	5.000%	185,000	65,375		
05/01/40	2,430,000	5.000%	-	60,750	316,500.00	
11/01/40	2,430,000	5.000%	195,000	60,750		
05/01/41	2,235,000	5.000%	-	55,875	311,750.00	
11/01/41	2,235,000	5.000%	200,000	55,875		
05/01/42	2,035,000	5.000%	-	50,875	316,750.00	
11/01/42	2,035,000	5.000%	215,000	50,875		
05/01/43	1,820,000	5.000%	-	45,500	316,000.00	
11/01/43	1,820,000	5.000%	225,000	45,500		
05/01/44	1,595,000	5.000%	-	39,875	314,750.00	
11/01/44	1,595,000	5.000%	235,000	39,875		
05/01/45	1,360,000	5.000%	-	34,000	313,000.00	
11/01/45	1,360,000	5.000%	245,000	34,000		
05/01/46	1,115,000	5.000%	-	27,875	315,750.00	
11/01/46	1,115,000	5.000%	260,000	27,875		
05/01/47	855,000	5.000%	-	21,375	312,750.00	
11/01/47	855,000	5.000%	270,000	21,375		
05/01/48	585,000	5.000%	-	14,625	314,250.00	
11/01/48	585,000	5.000%	285,000	14,625		
05/01/49	300,000	5.000%	-	7,500	315,000.00	
11/01/49	300,000	5.000%	300,000	7,500		

Total	$4,370,000	$3,067,356	$7,437,356	

Copper Creek	
Community Development District	
Non-Ad Valorem Assessments Comparison	
2026-2027	

Product Type	O&M Units	Bonds Units
2019	
Annual Maintenance Assessments	
Annual Debt Assessments	
Total Assessed Per Unit	
	
FY 2027	
FY2026	Increase/ (decrease)	
FY 2027	
FY2026	Increase/ (decrease)	
FY 2027	
FY2026	Increase/ (decrease)	

Single Family	

576	

575	

$266.30	

$266.30	

$0.00	

$597.83	

$597.83	

$0.00	

$864.13	

$864.13	

$0.00	
Total	576	575										

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