Canopy
Community Development District

Adopted Budget
FY 2027

Table of Contents

3-4

5-10

11-13

14-15

16-17

18-19

20

21

	General Fund

	General Fund Narrative

	Assessment Area 1 - Special Assessment Bonds Series 2018A-4

	Assessment Area 2 - Special Assessment Bonds Series 2018A-1

	Assessment Area 2 - Special Assessment Bonds Series 2018A-2

	Assessment Area 3 - Special Assessment Bonds Series 2018A-3

	Capital Reserve Fund - General Fund

	Assessment Chart

	Adopted	Actual	Projected	Projected	Adopted	
Description	Budget FY 2026	6/30/26	Next 3 Months	Thru 9/30/26	Budget FY 2027	

Revenues						
Maintenance Assessments - Tax Roll	$	563,295	$	578,438	$	-	$	578,438	$	608,574	
Maintenance Assessments - Direct (Ox Bottom)	63,044	47,283	15,761	63,044	50,775	
Interest - SBA	10,000	3,642	1,214	4,856	5,000	
Developer Contributions	48,795	-	-	-	73,633	
Miscellaneous Income (Rentals)	3,500	10,600	500	11,100	3,500	
Miscellaneous Revenue - HOA Cost Share	-	-	9,513	9,513	19,025	
Miscellaneous Revenue - POA Cost Share	85,020	115,785	-	115,785	115,785	
Total Revenues	$	773,654	$	755,748	$	26,988	$	782,736	$	876,292	

Expenditures						
Administrative	
Supervisor Fees	$	3,200	$	2,400	$	400	$	2,800	$	8,000	
FICA	245	184	61	245	612	
Engineering	10,000	-	5,000	5,000	10,000	
Arbitrage	450	450	-	450	450	
Assessment Roll	2,500	2,500	-	2,500	3,000	
Dissemination	8,900	6,675	2,226	8,901	9,000	
Amortization Schedule	2,000	350	250	600	2,000	
Attorney	39,000	43,411	14,470	57,881	46,000	
Annual Audit	4,600	4,700	-	4,700	4,700	
Trustee Fees	10,500	9,920	-	9,920	10,500	
Management Fees	46,000	34,500	11,499	45,999	48,700	
Information Technology	4,360	3,270	1,089	4,359	4,500	
Telephone	150	66	29	95	150	
Postage	1,000	1,275	-	1,275	3,000	
Printing & Binding	750	1,182	113	1,295	500	
Insurance-Liability	6,070	4,319	722	5,041	5,600	
Legal Advertising	1,500	216	750	966	1,500	
Other Current Charges	3,000	571	431	1,002	3,000	
Office Supplies	250	528	3	531	250	
Dues	175	175	-	175	175	
Total Administrative	$	144,649	$	116,692	$	37,043	$	153,735	$	161,637	

Maintenance	
Common Area:						
Field Services	$	30,000	$	13,333	$	5,001	$	18,334	$	28,000	
Landscape Maintenance	194,880	146,534	48,720	195,254	206,880	
Landscape Contingency	25,000	24,840	-	24,840	32,200	
Plant Replacement	7,500	-	1,000	1,000	7,500	
Weed Control	75,000	36,325	16,437	52,762	77,250	
Irrigation - Repairs	-	4,315	-	4,315	5,000	
Wetland Maintenance	-	-	-	-	-	
Lake Maintenance	-	3,635	-	3,635	-	
Utilities	-	-	-	-	10,800	
Stormwater Maintenance	-	-	-	-	5,000	
Common Area Maintenance	-	-	-	-	5,000	
Repairs and Maintenance	15,000	9,273	5,727	15,000	15,000	
Operating Supplies	1,500	-	750	750	1,500	
Contingency	10,000	13,255	1,000	14,255	10,000	
Total Common Area	$	358,880	$	251,511	$	78,635	$	330,145	$	404,130	

Adopted	Actual	Projected	Projected	Adopted	
Description	Budget FY 2026	6/30/26	Next 3 Months	Thru 9/30/26	Budget FY 2027	

Amenity Center							
Amenity Management Staffing	$	35,000	$	9,100	$	3,033	$	12,133	$	35,000	
Lifestyle/Events Coordinator	-	-		-	-	40,000	
Janitorial	17,500	7,224		2,250	9,474	17,500	
Pool Maintenance	31,500	23,550		7,800	31,350	32,100	
Pool Permits	750	775		-	775	750	
Utilities	39,500	18,832		6,277	25,109	34,000	
Trash	2,400	311		99	410	400	
Pest Control	1,200	150		600	750	1,200	
Termite Bond	375	-		188	188	375	
Insurance - Property	15,500	12,936		-	12,936	20,000	
Cable/Internet	3,900	2,560		855	3,415	3,900	
Access Cards	2,500	-		1,250	1,250	2,500	
Special Events	39,000	27,988		11,012	39,000	41,000	
Security/Alarms/Repair	4,000	1,620		540	2,160	3,000	
Repairs and Maintenance	15,000	19,496		2,000	21,496	15,000	
Office Supplies	2,000	-		1,000	1,000	1,000	
Holiday Decorations	5,000	283		1,000	1,283	7,800	
Contingency	5,000	655		-	655	5,000	
Total Amenity Center	$	220,125	$	125,481	$	37,904	$	163,385	$	260,525	

Other							
Capital Reserve	$	50,000	$	50,000	$	-	$	50,000	$	50,000	
Total Other	$	50,000	$	50,000	$	-	$	50,000	$	50,000	
							
Total Maintenance	$	629,005	$	426,992	$	116,539	$	543,531	$	714,655	
							
Total Expenditures	$	773,654	$	543,684	$	153,582	$	697,266	$	876,292	
							
Excess Revenues (Expenditures)	$	-	$	212,064	-$	126,595	$	85,470	$	-	

REVENUES:
Assessments
The District will levy a non-ad valorem special assessment and on taxable property and unplatted lots within the District to fund general operating and maintenance expenditures for the Fiscal Year.
Developer Contributions
The District will enter into a Funding Agreement with the Developer to fund the General Fund expenditures for the Fiscal Year.
Interest Income
Represents estimated interest earnings from cash balances in the District's operating account.
Miscellaneous Income
Income received from rentals and other miscellaneous income.
Miscellaneous Income – HOA Cost Share
Contributions from the Canopy Home Owners Association (HOA) for their equitable share in costs of the District's Operation and Maintenance Activities as outlined in the Cost-Share Agreement for Enhanced Common Area Maintenance with the Canopy Home Homeowners' Association, Inc.
Miscellaneous Income – POA Cost Share
Contributions from the Canopy Property Owners Association (POA) for their equitable share in costs of the District's Operation and Maintenance Activities as outlined in the Declaration of Covenants, Conditions and Restrictions of Canopy Commercial Property Owners Association, Inc.

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 estimate based upon 4 Supervisors electing payment for attending 8 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 will be providing general engineering services to the District, e.g. attendance and preparation for monthly board meetings, review invoices, etc. The District is currently contracted with Halff Associates, Inc.
Arbitrage
The District will contract with an independent certified public accountant to annually calculate the District’s Arbitrage Rebate Liability on the new Special Assessment Revenue Bonds.
Assessment Roll
The fee to provide Assessment Roll Certification for the District.
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.
Amortization Schedule
The fee to provide amortization schedule (payment schedule) for the District’s Bond Issues.
Attorney
The District's legal counsel, Kilinski Van Wyk, will be providing general legal services to the District, e.g. attendance and preparation for monthly meetings, preparation and review of agreements, resolutions, etc.
Annual Audit
The District is required by Florida Statutes to arrange for an independent audit of its financial records on an annual basis by an Independent Certified Public Accounting Firm. The District has contracted with Grau & Associates for these services. (NTE $4,700/year per most recent audit engagement letter)
Trustee Fees
The District’s new Special Assessments Revenue Bonds will be held and administered with a Trustee.
Management Fees
The District has contracted with Governmental Management Services, 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
The District incurs costs related to the District’s accounting and information systems, District’s website creation and maintenance, electronic compliance with Florida Statutes and other electronic data requirements.
Telephone
Telephone and fax machine.
Postage
Mailing of agenda packages, overnight deliveries, checks for vendors, and any other required correspondence, etc.
Printing & Binding
Printing and Binding agenda packages for board meetings, printing of computerized checks, stationary, envelopes etc
Insurance - Liability
The amount budgeted represents the estimated cost for General Liability insurance.
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 (Common Area):
Field Services
The District will contract 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.
Landscape Maintenance
The District will incur landscaping maintenance expenses, which include mowing, edging, weed-eating, pruning, removing trash and debris from roads, sidewalks, and multi-use trail Landscape Contingency
To record the cost of landscape enhancements as well as any miscellaneous landscape items currently not budgeted or covered in landscape contract.
Plant Replacement
Unscheduled maintenance consists of tree, shrub and other plant material replacements as well as annual bed enhancements
Weed Control
To record the cost of weed control, fertilization, and pest control.
Irrigation - Repairs
To record the cost of repairs to the irrigation system.
Wetland Maintenance
To record the cost of maintenance in the wetlands.
Utilities
To record the cost of utilities including electric, water, sewer, trash, stormwater fee and fire service.
Stormwater Maintenance
To record the cost of maintenance to the stormwater system.
Common Area Maintenance
Cost of repairs and maintenance throughout the common area of the District.
Repairs and Maintenance
Cost of repairs and maintenance throughout the District.
Operating Supplies
Purchase of supplies for the District.

Contingency
Unscheduled repairs and maintenance to the District's facilities

Amenity Center:
Amenity Management Staffing
Staff cost associated with helping and running the amenity center.
Lifestyle/Events Coordinator
Staff cost associated with planning events for the district.
Janitorial
The cost to provide cleaning for amenity center.
Pool Maintenance
The District will contract with a vendor to provide for the maintenance of the Amenity Center swimming pool.
Pool Permits
Represents Permit Fees paid to the Department of Health for the swimming pool.
Pool Electric
The cost of electric to run the amenity pool.
Pool – Water
The cost of water used for the amenity pool.
Water/Sewer
The cost of water and sewer associated with amenity center restrooms and irrigation.
Gas
The cost associated with providing propane gas services to heat the pool.
Trash
The cost of providing garbage disposal services.
Pest Control
This represents pest control of amenity center by contracted vendor.

Termite Bond
This represents cost to maintain termite warranty for the amenity center.
Insurance - Property
The amount budgeted represents the estimated premium for property insurance related to the Amenity Center.
Cable/Internet
The cost of cable and internet services for amenity center.
Access Cards

Represents the estimated cost for access cards used for entry to the District’s Amenity Center.

Special Events
Represents estimated costs for the District to host special events for the community throughout the Fiscal Year.

Security/Alarms/Repair
The monthly service fee and maintenance costs associated with security alarms/cameras provided by contracted vendor.
Repairs and Maintenance
Represents regular repairs and replacements for District’s Amenity Center.

Office Supplies
The cost of supplies used by Amenity Center Staff to run the center includes postage, printer ink, and office supplies.
Holiday Decorations
Estimated cost for installation of holiday lights and décor as well as supplies.
Contingency
Unscheduled repairs and maintenance to the District's facilities
Other
Capital Reserve
This amount is subject to change upon further completion of infrastructure supported by professional reserve study or engineer’s estimate for annual funding.

Canopy Community Development District
Debt Service Fund Budget Assessment Area 1 - Series 2018A-4 Bonds

Description	Adopted
Budget FY 2026	Actual
6/30/26	Projected
Next 3 Months	Projected
Thru 9/30/26	Adopted
Budget FY 2027	

Revenues
Assessments - Tax Roll (Platted Lots)	

$	65,612	

$	67,284	

$	-	

$	67,284	

$	65,612	
Interest Income	$	500	$	2,806	$	935	$	3,741	$	1,500	
Carry Forward Surplus	$	70,528	$	70,293	$	-	$	70,293	$	75,830	
Total Revenues	$	136,640	$	140,383	$	935	$	141,318	$	142,942	

Expenditure
Interest - 11/1	

$	22,148	

$	22,148	

$	-	

$	22,148	

$	21,648	
Principal - 5/1	$	20,000	$	20,000	$	-	$	20,000	$	20,000	
Interest - 5/1	$	22,148	$	22,148	$	-	$	22,148	$	21,648	
Transfer Out	$	250	$	894	$	298	$	1,192	$	750	
Total Expenditures	$	64,546	$	65,190	$	298	$	65,488	$	64,045	
						
Excess Revenues	$	72,094	$	75,193	$	637	$	75,830	$	78,897	
Beginning Fund Balance		$	103,007 Less: Debt Service Reserve	 $		(32,714)  Carry Forward Surplus	 $			70,293 				
Interest - 11/1	
$	21,148	

	Assessments Area I		
Product Type	Units	O&M		Debt			Total		Debt Total	
Single Family - 40'	19	$	-	$		650	$		650	$	12,350	
Single Family - 50'	47	$	-	$		750	$		750	$	35,250	
Single Family - 60'	27	$	-	$		850	$		850	$	22,950	
Total Units	93								$	70,550	

Total Net Assessments	$	65,612

Less: Discounts & Collections	$	(4,939)

5/1/22	$	935,000	$	15,000	$	23,773	$	-	
11/1/22	$	920,000	$	-	$	23,398	$	62,170	
5/1/23	$	920,000	$	15,000	$	23,398	$	-	
11/1/23	$	905,000	$	-	$	23,023	$	61,420	
5/1/24	$	905,000	$	15,000	$	23,023	$	-	
11/1/24	$	890,000	$	-	$	22,648	$	60,670	
5/1/25	$	890,000	$	20,000	$	22,648	$	-	
11/1/25	$	870,000	$	-	$	22,148	$	64,795	
5/1/26	$	870,000	$	20,000	$	22,148	$	-	
11/1/26	$	850,000	$	-	$	21,648	$	63,795	
5/1/27	$	850,000	$	20,000	$	21,648	$	-	
11/1/27	$	830,000	$	-	$	21,148	$	62,795	
5/1/28	$	830,000	$	20,000	$	21,148	$	-	
11/1/28	$	810,000	$	-	$	20,648	$	61,795	
5/1/29	$	810,000	$	20,000	$	20,648	$	-	
11/1/29	$	790,000	$	-	$	20,148	$	60,795	
5/1/30	$	790,000	$	25,000	$	20,148	$	-	
11/1/30	$	765,000	$	-	$	19,523	$	64,670	
5/1/31	$	765,000	$	25,000	$	19,523	$	-	
11/1/31	$	740,000	$	-	$	18,898	$	63,420	
5/1/32	$	740,000	$	25,000	$	18,898	$	-	
11/1/32	$	715,000	$	-	$	18,273	$	62,170	
5/1/33	$	715,000	$	25,000	$	18,273	$	-	
11/1/33	$	690,000	$	-	$	17,648	$	60,920	
5/1/34	$	690,000	$	30,000	$	17,648	$	-	
11/1/34	$	660,000	$	-	$	16,898	$	64,545	
5/1/35	$	660,000	$	30,000	$	16,898	$	-	
11/1/35	$	630,000	$	-	$	16,148	$	63,045	
5/1/36	$	630,000	$	30,000	$	16,148	$	-	
11/1/36	$	600,000	$	-	$	15,398	$	61,545	
5/1/37	$	600,000	$	35,000	$	15,398	$	-	
11/1/37	$	565,000	$	-	$	14,523	$	64,920	
5/1/38	$	565,000	$	35,000	$	14,523	$	-	

11/1/38	$	530,000	$	-	$	13,648	$	63,170	
5/1/39	$	530,000	$	35,000	$	13,648	$	-	
11/1/39	$	495,000	$	-	$	12,746	$	61,394	
5/1/40	$	495,000	$	40,000	$	12,746	$	-	
11/1/40	$	455,000	$	-	$	11,716	$	64,463	
5/1/41	$	455,000	$	40,000	$	11,716	$	-	
11/1/41	$	415,000	$	-	$	10,686	$	62,403	
5/1/42	$	415,000	$	45,000	$	10,686	$	-	
11/1/42	$	370,000	$	-	$	9,528	$	65,214	
5/1/43	$	370,000	$	45,000	$	9,528	$	-	
11/1/43	$	325,000	$	-	$	8,369	$	62,896	
5/1/44	$	325,000	$	45,000	$	8,369	$	-	
11/1/44	$	280,000	$	-	$	7,210	$	60,579	
5/1/45	$	280,000	$	50,000	$	7,210	$	-	
11/1/45	$	230,000	$	-	$	5,923	$	63,133	
5/1/46	$	230,000	$	55,000	$	5,923	$	-	
11/1/46	$	175,000	$	-	$	4,506	$	65,429	
5/1/47	$	175,000	$	55,000	$	4,506	$	-	
11/1/47	$	120,000	$	-	$	3,090	$	62,596	
5/1/48	$	120,000	$	60,000	$	3,090	$	-	
11/1/48	$	60,000	$	-	$	1,545	$	64,635	
5/1/49	$	60,000	$	60,000	$	1,545	$	61,545	
Totals			$	935,000	$	825,925	$	1,760,925	

Canopy Community Development District
Debt Service Fund Budget Assessment Area 2 - Series 2018A-1 Bonds

	Adopted	Actual	Projected	Projected	Adopted	
Description	Budget FY 2026	6/30/26	Next 3 Months	Thru 9/30/26	Budget FY 2027	

Revenues						
Assessments - Tax Roll (Platted Lots)	$	119,807	$	122,861	$	-	$	122,861	$	119,807	
Assessments - Direct (Unplatted Lots)	$	44,501	$	31,150	$	13,351	$	44,501	$	44,501	
Interest Income	$	3,000	$	4,167	$	1,389	$	5,556	$	3,000	
Carry Forward Surplus	$	84,723	$	86,871	$	-	$	86,871	$	92,753	
Total Revenues	$	252,031	$	245,049	$	14,740	$	259,789	$	260,061	

Expenditure						
Interest - 11/1	$	62,021	$	62,021	$	-	$	62,021	$	60,821	
Principal - 5/1	$	40,000	$	40,000	$	-	$	40,000	$	40,000	
Interest - 5/1	$	62,021	$	62,021	$	-	$	62,021	$	60,821	
Transfer Out	$	600	$	2,245	$	748	$	2,993	$	600	
Total Expenditures	$	164,042	$	166,287	$	748	$	167,036	$	162,243	
						
Excess Revenues	$	87,989	$	78,762	$	13,991	$	92,753	$	97,818	
				
Interest - 11/1	
$	59,621	
Product Type	Platted Units	Debt	Total Platted					
Single Family - 20'	31	$	450	$	13,950		
Single Family - 30'	66	$	550	$	36,300		
Single Family - 30' (Attached	0	$	450	$	-		
Single Family - 40'	14	$	650	$	9,100		
Single Family - 40' (Attached	0	$	550	$	-		
Single Family - 50'	24	$	750	$	18,000		
Single Family - 60'	26	$	850	$	22,100		
Single Family - 70'	1	$	1,000	$	1,000		
Single Family - 80'	28	$	1,000	$	28,000		
Church	0.5	$	750	$	375		
Total	191	$	128,825		
Less: Discounts & Collections		$	(9,018)		
Total Net Assessment		$	119,807		

Canopy Community Development District Series 2018A-1, Special Assessment Bonds (Combined)

Amortization Schedule

Date	Balance	Principal	Interest	Annual	

5/1/22	
$ 2,170,000	
$	30,000	
$	66,071	
$	-	
11/1/22	$ 2,140,000	$	-	$	65,171	$	161,243	
5/1/23	$ 2,140,000	$	35,000	$	65,171	$	-	
11/1/23	$ 2,105,000	$	-	$	64,121	$	164,293	
5/1/24	$ 2,105,000	$	35,000	$	64,121	$	-	
11/1/24	$ 2,070,000	$	-	$	63,071	$	162,193	
5/1/25	$ 2,070,000	$	35,000	$	63,071	$	-	
11/1/25	$ 2,035,000	$	-	$	62,021	$	160,093	
5/1/26	$ 2,035,000	$	40,000	$	62,021	$	-	
11/1/26	$ 1,995,000	$	-	$	60,821	$	162,843	
5/1/27	$ 1,995,000	$	40,000	$	60,821	$	-	
11/1/27	$ 1,955,000	$	-	$	59,621	$	160,443	
5/1/28	$ 1,955,000	$	45,000	$	59,621	$	-	
11/1/28	$ 1,910,000	$	-	$	58,271	$	162,893	
5/1/29	$ 1,910,000	$	45,000	$	58,271	$	-	
11/1/29	$ 1,865,000	$	-	$	56,921	$	160,193	
5/1/30	$ 1,865,000	$	50,000	$	56,921	$	-	
11/1/30	$ 1,815,000	$	-	$	55,421	$	162,343	
5/1/31	$ 1,815,000	$	50,000	$	55,421	$	-	
11/1/31	$ 1,765,000	$	-	$	53,921	$	159,343	
5/1/32	$ 1,765,000	$	55,000	$	53,921	$	-	
11/1/32	$ 1,710,000	$	-	$	52,271	$	161,193	
5/1/33	$ 1,710,000	$	60,000	$	52,271	$	-	
11/1/33	$ 1,650,000	$	-	$	50,471	$	162,743	
5/1/34	$ 1,650,000	$	65,000	$	50,471	$	-	
11/1/34	$ 1,585,000	$	-	$	48,521	$	163,993	
5/1/35	$ 1,585,000	$	65,000	$	48,521	$	-	
11/1/35	$ 1,520,000	$	-	$	46,571	$	160,093	
5/1/36	$ 1,520,000	$	70,000	$	46,571	$	-	
11/1/36	$ 1,450,000	$	-	$	44,471	$	161,043	
5/1/37	$ 1,450,000	$	75,000	$	44,471	$	-	
11/1/37	$ 1,375,000	$	-	$	42,221	$	161,693	
5/1/38	$ 1,375,000	$	80,000	$	42,221	$	-	
11/1/38	$ 1,295,000	$	-	$	39,821	$	162,043	
5/1/39	$ 1,295,000	$	85,000	$	39,821	$	-	
11/1/39	$ 1,210,000	$	-	$	37,208	$	162,029	
5/1/40	$ 1,210,000	$	90,000	$	37,208	$	-	
11/1/40	$ 1,120,000	$	-	$	34,440	$	161,648	
5/1/41	$ 1,120,000	$	95,000	$	34,440	$	-	
11/1/41	$ 1,025,000	$	-	$	31,519	$	160,959	
5/1/42	$ 1,025,000	$  100,000	$	31,519	$	-	
11/1/42	$	925,000	$	-	$	28,444	$	159,963	
5/1/43	$	925,000	$  110,000	$	28,444	$	-	
11/1/43	$	815,000	$	-	$	25,061	$	163,505	
5/1/44	$	815,000	$  115,000	$	25,061	$	-	
11/1/44	$	700,000	$	-	$	21,525	$	161,586	
5/1/45	$	700,000	$  125,000	$	21,525	$	-	
11/1/45	$	575,000	$	-	$	17,681	$	164,206	
5/1/46	$	575,000	$  130,000	$	17,681	$	-	
11/1/46	$	445,000	$	-	$	13,684	$	161,365	
5/1/47	$	445,000	$  140,000	$	13,684	$	-	
11/1/47	$	305,000	$	-	$	9,379	$	163,063	
5/1/48	$	305,000	$  150,000	$	9,379	$	-	
11/1/48	$	155,000	$	-	$	4,766	$	164,145	
5/1/49	$	155,000	$  155,000	$	4,766	$	159,766	
Totals		$ 2,170,000	$ 2,360,906	$ 4,530,906	

Canopy Community Development District
Debt Service Fund Budget Assessment Area 2 - Series 2018A-2 Bonds

	Adopted	Actual	Projected	Projected		Adopted	
Description	Budget FY 2026	6/30/26	Next 3 Months	Thru 9/30/26	Budget FY 2027	

Revenues
Assessments - Direct	

$	

182,000	

$	125,156	

$	54,600	$	

179,756	

$	

182,000	
Assessments - Prepayments	$	-	$	934,669	$	-	$	934,669	$	-	
Interest Income	$	1,500	$	6,818	$	2,273	$	9,091	$	1,500	
Carry Forward Surplus	$	145,758	$	152,014	$	-	$	152,014	$	1,011,152	
Total Revenues	$	329,258	$	1,218,657	$	56,873	$	1,275,530	$	1,194,652	

Expenditure
Interest - 11/1	

$	

69,188	

$	67,958	

$	-	$	

67,958	

$	

63,960	
Special Call - 11/1	$	-	$	10,000	$	-	$	10,000	$	-	
Interest 2/1	$	-	$	1,230	$	-	$	1,230	$	-	
Special Call - 2/1	$	-	$	80,000	$	-	$	80,000	$	-	
Interest - 5/1	$	69,188	$	65,190	$	-	$	65,190	$	63,960	
Principal - 5/1	$	40,000	$	40,000	$	-	$	40,000	$	40,000	
Total Expenditures	$	178,376	$	264,378	$	-	$	264,378	$	167,920	
								
Excess Revenues	$	150,882	$	954,279	$	56,873	$	1,011,152	$	1,026,732	
				
Interest - 11/1	
$	
62,730	

Canopy Community Development District Series 2018A-2, Special Assessment Bonds (Term due 5/1/49)

Amortization Schedule

Date	Balance	Principal	Interest	Annual	
5/1/26	$ 2,120,000	$	40,000  $	65,190  $	105,190	
11/1/26	$ 2,080,000	$	63,960  $	-	
5/1/27	$ 2,080,000	$	40,000  $	63,960  $	167,920	
11/1/27	$ 2,040,000	$	62,730  $	-	
5/1/28	$ 2,040,000	$	45,000  $	62,730  $	170,460	
11/1/28	$ 1,995,000	$	61,346  $	-	
5/1/29	$ 1,995,000	$	45,000  $	61,346  $	167,693	
11/1/29	$ 1,950,000	$	59,963  $	-	
5/1/30	$ 1,950,000	$	50,000  $	59,963  $	169,925	
11/1/30	$ 1,900,000	$	58,425  $	-	
5/1/31	$ 1,900,000	$	55,000  $	58,425  $	171,850	
11/1/31	$ 1,845,000	$	56,734  $	-	
5/1/32	$ 1,845,000	$	55,000  $	56,734  $	168,468	
11/1/32	$ 1,790,000	$	55,043  $	-	
5/1/33	$ 1,790,000	$	60,000  $	55,043  $	170,085	
11/1/33	$ 1,730,000	$	53,198  $	-	
5/1/34	$ 1,730,000	$	65,000  $	53,198  $	171,395	
11/1/34	$ 1,665,000	$	51,199  $	-	
5/1/35	$ 1,665,000	$	70,000  $	51,199  $	172,398	
11/1/35	$ 1,595,000	$	49,046  $	-	
5/1/36	$ 1,595,000	$	75,000  $	49,046  $	173,093	
11/1/36	$ 1,520,000	$	46,740  $	-	
5/1/37	$ 1,520,000	$	80,000  $	46,740  $	173,480	
11/1/37	$ 1,440,000	$	-	$	44,280  $	-	
5/1/38	$ 1,440,000	$	85,000  $	44,280  $	173,560	
11/1/38	$ 1,355,000	$	41,666  $	-	
5/1/39	$ 1,355,000	$	90,000  $	41,666  $	173,333	
11/1/39	$ 1,265,000	$	38,899  $	-	
5/1/40	$ 1,265,000	$	95,000  $	38,899  $	172,798	
11/1/40	$ 1,170,000	$	35,978  $	-	
5/1/41	$ 1,170,000	$	100,000  $	35,978  $	171,955	
11/1/41	$ 1,070,000	$	32,903  $	-	
5/1/42	$ 1,070,000	$	105,000  $	32,903  $	170,805	
11/1/42	$	965,000	$	29,674  $	-	
5/1/43	$	965,000	$	115,000  $	29,674  $	174,348	
11/1/43	$	850,000	$	26,138  $	-	
5/1/44	$	850,000	$	120,000  $	26,138  $	172,275	
11/1/44	$	730,000	$	22,448  $	-	
5/1/45	$	730,000	$	130,000  $	22,448  $	174,895	
11/1/45	$	600,000	$	18,450  $	-	
5/1/46	$	600,000	$	135,000  $	18,450  $	171,900	
11/1/46	$	465,000	$	14,299  $	-	
5/1/47	$	465,000	$	145,000  $	14,299  $	173,598	
11/1/47	$	320,000	$	9,840  $	-	
5/1/48	$	320,000	$	155,000  $	9,840  $	174,680	
11/1/48	$	165,000	$	5,074  $	-	
5/1/49	$	165,000	$	165,000  $	5,074  $	175,148	
Totals		$ 2,120,000  $	1,941,248  $	4,061,248	

Canopy Community Development District
Debt Service Fund Budget Assessment Area 3 - Series 2018A-3 Bonds

	Adopted		Actual	Projected	Projected	Adopted	
Description	Budget FY 2026		6/30/26	Next 3 Months	Thru 9/30/26	Budget FY 2027	

Revenues
Assessments - Tax Roll (Platted Lots)	

$	

317,208	

$	

325,294	

$	-	$	

317,208	

$	209,320	
Interest Income	$	3,500	$	5,448	$	1,816	$	7,264	$	3,500	
Carry Forward Surplus	$	140,169	$	80,469	$	-	$	80,469	$	190,187	
Total Revenues	$	460,877	$	411,211	$	1,816	$	404,941	$	403,006	

Expenditure
Interest - 11/1	

$	

80,469	

$	

80,469	

$	-	$	

80,469	

$	78,906	
Principal - 5/1	$	50,000	$	50,000	$	-	$	50,000	$	50,000	
Interest - 5/1	$	80,469	$	80,469	$	-	$	80,469	$	78,906	
Transfer Out	$	750	$	2,862	$	954	$	3,816	$	750	
Total Expenditures	$	211,688	$	213,800	$	954	$	214,754	$	208,563	
								
Excess Revenues	$	249,189	$	197,411	$	862	$	190,187	$	194,444	
					
Interest - 11/1	
$	77,344	

Canopy Community Development District Series 2018A-3, Special Assessment Bonds (Term due 5/1/49)

Amortization Schedule

Date	Balance	Principal	Interest	Annual	

5/1/22	
$ 2,735,000	
$	
35,000	
$	85,469	
$  120,469	
11/1/22	$ 2,700,000			$	84,375	$	-	
5/1/23	$ 2,700,000	$	40,000	$	84,375	$  208,750	
11/1/23	$ 2,660,000			$	83,125	$	-	
5/1/24	$ 2,660,000	$	40,000	$	83,125	$  206,250	
11/1/24	$ 2,620,000			$	81,875	$	-	
5/1/25	$ 2,620,000	$	45,000	$	81,875	$  208,750	
11/1/25	$ 2,575,000			$	80,469	$	-	
5/1/26	$ 2,575,000	$	50,000	$	80,469	$  210,938	
11/1/26	$ 2,525,000			$	78,906	$	-	
5/1/27	$ 2,525,000	$	50,000	$	78,906	$  207,813	
11/1/27	$ 2,475,000			$	77,344	$	-	
5/1/28	$ 2,475,000	$	55,000	$	77,344	$  209,688	
11/1/28	$ 2,420,000			$	75,625	$	-	
5/1/29	$ 2,420,000	$	55,000	$	75,625	$  206,250	
11/1/29	$ 2,365,000			$	73,906	$	-	
5/1/30	$ 2,365,000	$	60,000	$	73,906	$  207,813	
11/1/30	$ 2,305,000			$	72,031	$	-	
5/1/31	$ 2,305,000	$	65,000	$	72,031	$  209,063	
11/1/31	$ 2,240,000			$	70,000	$	-	
5/1/32	$ 2,240,000	$	70,000	$	70,000	$  210,000	
11/1/32	$ 2,170,000			$	67,813	$	-	
5/1/33	$ 2,170,000	$	75,000	$	67,813	$  210,625	
11/1/33	$ 2,095,000			$	65,469	$	-	
5/1/34	$ 2,095,000	$	80,000	$	65,469	$  210,938	
11/1/34	$ 2,015,000			$	62,969	$	-	
5/1/35	$ 2,015,000	$	85,000	$	62,969	$  210,938	
11/1/35	$ 1,930,000			$	60,313	$	-	
5/1/36	$ 1,930,000	$	90,000	$	60,313	$  210,625	
11/1/36	$ 1,840,000			$	57,500	$	-	
5/1/37	$ 1,840,000	$	95,000	$	57,500	$  210,000	
11/1/37	$ 1,745,000			$	54,531	$	-	
5/1/38	$ 1,745,000	$	100,000	$	54,531	$  209,063	
11/1/38	$ 1,645,000			$	51,406	$	-	
5/1/39	$ 1,645,000	$	110,000	$	51,406	$  212,813	
11/1/39	$ 1,535,000			$	47,969	$	-	
5/1/40	$ 1,535,000	$	115,000	$	47,969	$  210,938	
11/1/40	$ 1,420,000			$	44,375	$	-	
5/1/41	$ 1,420,000	$	120,000	$	44,375	$  208,750	
11/1/41	$ 1,300,000			$	40,625	$	-	
5/1/42	$ 1,300,000	$	130,000	$	40,625	$  211,250	
11/1/42	$ 1,170,000			$	36,563	$	-	
5/1/43	$ 1,170,000	$	140,000	$	36,563	$  213,125	
11/1/43	$ 1,030,000			$	32,188	$	-	
5/1/44	$ 1,030,000	$	145,000	$	32,188	$  209,375	
11/1/44	$	885,000	$	27,656	$	-	
5/1/45	$	885,000	$	155,000	$	27,656	$  210,313	
11/1/45	$	730,000	$	22,813	$	-	
5/1/46	$	730,000	$	165,000	$	22,813	$  210,625	
11/1/46	$	565,000	$	17,656	$	-	
5/1/47	$	565,000	$	175,000	$	17,656	$  210,313	
11/1/47	$	390,000	$	12,188	$	-	
5/1/48	$	390,000	$	190,000	$	12,188	$  214,375	
11/1/48	$	200,000	$	6,250	$	-	
5/1/49	$	200,000	$	200,000	$	6,250	$  212,500	
Totals		$ 2,735,000	$ 3,057,344	$ 5,792,344	

Canopy
Community Development District
Capital Reserve Fund - General Fund

	Adopted
Budget	Actual
Thru	Projected
Next	Total
Projected	Adopted
Budget	
	Budget FY 2026	6/30/26	Next 3 Months	Thru 9/30/26	Budget FY 2027	

Revenues						
Operating Transfer In	$	50,000	$	50,000	$	-	$	50,000	$	50,000	
Interest Income	$	1,500	$	1,488	$	496	$	1,984	$	1,500	
Carryforward Surplus	$	39,496	$	40,187	$	-	$	40,187	$	83,585	
Total Revenues	$	90,996	$	91,675	$	496	$	92,171	$	135,085	

Expenditures						
Expenditures						
Capital Outlay - GF	$	-	$	8,035	$	-	$	8,035	$	-	
Other Current Charges	$	540	$	413	$	138	$	551	$	540	
Total Expenditures	$	540	$	8,448	$	138	$	8,586	$	540	
						
Excess Revenues/ (Expenditures)	$	90,456	$	83,227	$	358	$	83,585	$	134,545	

Canopy Community Development District Assessment Chart

Assessment Area 1 (Platted)

Product Type	Units	O&M	Debt	Total		
Single Family - 40'	19	$	979	$	650  $		1,629	
Single Family - 50'	47	$	979	$	750  $		1,729	
Single Family - 60'	27	$	979	$	850  $		1,829	
Subtotal A1 Units	93					

Assessment Area 2 (Platted)

Product Type	Units	O&M	Debt	Total	
Single Family - 20'	31	$	979	$	450	$	1,429	
Single Family - 30'	66	$	979	$	550	$	1,529	
Single Family - 40'	14	$	979	$	650	$	1,629	
Single Family - 50'	24	$	979	$	750	$	1,729	
Single Family - 60'	26	$	979	$	850	$	1,829	
Single Family - 70'	1	$	979	$	1,000	$	1,979	
Single Family - 70'/80'	28	$	979	$	1,000	$	1,979	
Church	1	$	213	$	375	$	588	
Subtotal A2 Units	191				

Assessment Area 3 (Platted)

Product Type	Units	O&M	Debt	Total	
Single Family - 20'	0	$	979	$	450	$	1,429	
Single Family - 30' - Attached	30	$	979	$	450	$	1,429	
Single Family - 30'	120	$	979	$	550	$	1,529	
Single Family - 40'	0	$	979	$	650	$	1,629	
Single Family - 50'	5	$	979	$	750	$	1,729	
Single Family - 60'	8	$	979	$	850	$	1,829	
Single Family - 70'	35	$	979	$	1,000	$	1,979	
Single Family - 70'/80'	9	$	979	$	1,000	$	1,979	
Single Family - 80'	17	$	979	$	1,000	$	1,979	
Subtotal A3 Units	224				

Total Units	
508				
Apartments (1)	329	$	213	$	225	$	438	
Total Developed Units	837				
					
Assessments - Direct (Undeveloped)	0	$	145	N/A	$	145	

(1) No access to Amenities