Verano Center	
Community Development District	

Proposed Budget	
FY 2027	

Table of Contents

	General Fund

	Narratives

	Assessment Schedule

Verano Center	
Community Development District	
Proposed Budget	
General Fund	

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

REVENUES:

Special Assessments - Tax Roll	$	-	$	-	$	-	$	-	$	19,717	
Developer Contribution	14,227	14,227	-	14,227	-	

TOTAL REVENUES	$	14,227	$	14,227	$	-	$	14,227	$	19,717	

EXPENDITURES:

Administrative:						
Engineering	$	-	$	-	$	-	$	-	$	1,000	
Attorney	-	-	-	-	1,000	
Annual Audit	3,500	3,500	-	3,500	3,600	
Management Fees	2,866	1,433	1,433	2,866	3,009	
Information Technology	-	-	-	-	-	
Website Administration	835	417	421	838	880	
Postage	-	-	-	-	50	
Insurance General Liability	6,350	5,512	-	5,512	6,063	
Printing/Copies	-	-	-	-	50	
Legal Advertising	-	-	-	-	500	
Other Current Charges	500	351	985	1,336	840	
Office Supplies	-	-	-	-	50	
Dues, Licenses & Subscriptions	175	175	-	175	175	

TOTAL ADMINISTRATIVE	$	14,227	$	11,388	$	2,839	$	14,227	$	17,217	

Operations & Maintenance

Field

Conservation Easement Preserve	$	-	$-	$-	$-	$	2,500	

Total Field	$-	$-	$-	$-	$2,500	

TOTAL EXPENDITURES	$	14,227	$	11,388	$	2,839	$	14,227	$	19,717	

EXCESS REVENUES (EXPENDITURES)	$	-	$	2,839	$	(2,839)	$	-	$	-	

Product	Assessable Units	Total Gross Assessment	FY26
Gross Per Unit	FY27
Gross Per Unit	

Non Residential

Commercial (Publix)	60000	$	14,287.97	$	0.11	$	0.24	
Commercial (Allen Properties LLC)	30000	$	7,143.99	$	-	$	0.24	

Total	90000	$  21,431.96	
Less: Discounts & Collections 8%			1,714.56 	
Net Assessments		 $  19,717.40 	

Verano Center	
Community Development District	
Budget Narrative	
Fiscal Year 2027	

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.	

Expenditures - Administrative	
Engineering Fees	
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.	
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 Administration	
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/Copies	
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.	

Verano Center	
Community Development District	
Non-Ad Valorem Assessments Comparison	
FY 2027	

Neighborhood	
O&M Units	
Annual Maintenance Assessments	
O&M Master	FY2027	FY2026	Increase/ (decrease)	

50's	
60000	
$	0.24	
$	0.11	
$	0.13	
60's	30000	$	0.24	$	-	$	0.24	
Total	90000