RESOLUTION 2026-01

WHEREAS, the Board of Supervisors, hereinafter referred to as the “Board”, of the Double Branch Community Development District, hereinafter referred to as “District”, adopted General Fund and Recreation Fund Budgets for Fiscal Year 2025, and

WHEREAS, the Board desires to reallocate funds budgeted to re-appropriate Revenues and Expenses approved during the Fiscal Year.

NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE DOUBLE BRANCH COMMUNITY DEVELOPMENT DISTRICT TO THE FOLLOWING:

The General Fund and Recreation Fund Budgets are hereby amended in accordance with Exhibit “A” attached.

This resolution shall become effective this 10th day of November, 2025 and be reflected in the monthly and Fiscal Year End 9/30/25 Financial Statements and Audit Report of the District.

Double Branch

Community Development District

Attest:

by:			 Chairman / Vice Chairman

by:			 Secretary / Assistant Secretary

DOUBLE BRANCH CDD RESOLUTION 2026-01
EXHIBIT A

Double Branch
Community Development District
FY 2025 Budget Amendment
Statement of Revenues, Expenditures, and Changes in Fund Balance General Fund

Description	Adopted FY 25 Budget	Increase/ (Decrease)	Amended FY 25 Budget	Actual 9/30/25	

Revenues					
Special Assessments - Tax Roll	$	184,075	$	566	$	184,641	$	184,641	
Interest Income	2,500	3,455	5,955	5,955	
Total Revenues	$	186,575	$	4,021	$	190,596	$	190,596	

Expenditures					
General & Administrative:					
Supervisor Fees	$	12,000	$	-	$	12,000	$	11,200	
FICA Expense	918	-	918	857	
Engineering	5,000	9,509	14,509	12,009	
Arbitrage	700	-	700	700	
Dissemination	1,798	-	1,798	1,798	
Assessment Roll	9,227	-	9,227	9,227	
Attorney	42,000	(10,000)	32,000	21,454	
Annual Audit	5,400	600	6,000	6,000	
Trustee Fees	9,500	-	9,500	8,815	
Management Fees	72,865	-	72,865	72,865	
Information Technology	2,407	-	2,407	2,407	
Telephone	600	-	600	201	
Postage	2,000	-	2,000	621	
Printing	2,500	-	2,500	667	
Insurance	10,556	-	10,556	10,268	
Legal Advertising	2,800	-	2,800	1,120	
Office Supplies	200	-	200	17	
Website Compliance	2,809	-	2,809	2,809	
Dues, Licenses & Subscriptions	175	-	175	175	
Other Current Charges	120	-	120	20	
Capital Reserve Funding	3,000	-	3,000	3,000	
Total General & Administrative Expenditures	$	186,575	$	109	$	186,684	$	166,229	
					
Excess Revenues (Expenditures)	$	-	$	3,912	$	3,912	$	24,366	
					
Fund Balance - Beginning	$	-	$	(3,912)	$	(3,912)	$	107,820	
					
Fund Balance - Ending	$	-	$	-	$	-	$	132,186	

Description	Adopted FY 25 Budget	Increase/ (Decrease)	Amended FY 25 Budget	Actual 9/30/25	

Revenues					
Special Assessments - Tax Roll	$	2,144,534	$	6,596	$	2,151,130	$	2,151,130	
Interest Income	25,000	39,380	64,380	64,380	
Amenities Revenue/Miscellaneous	25,000	8,636	33,636	33,636	
Sports Revenue	30,000	(21,200)	8,800	8,800	
Total Revenues	$	2,224,534	$	33,412	$	2,257,946	$	2,257,946	

Expenditures					
Administrative					
Management Fees - On Site Staff	$	233,919	$	-	$	233,919	$	233,919	
Insurance	141,137	-	141,137	120,080	
Other Current Charges	3,500	-	3,500	2,460	
Permit Fees	1,625	431	2,056	2,056	
Total Administrative	$	380,181	$	431	$	380,611	$	358,515	

Maintenance:					
Security	$	111,280	$	-	$	111,280	$	107,834	
Security - Clay County Off-Duty Sheriff	47,304	7,379	54,683	54,683	
Water - Irrigation	15,000	2,372	17,372	17,372	
Irrigation Maintenance	5,000	765	5,765	5,765	
Streetlighting	32,000	-	32,000	27,849	
Electric	36,000	4,223	40,223	40,223	
Landscape Maintenance	507,134	-	507,134	472,945	
Common Area Maintenance	75,000	-	75,000	61,514	
Lake Maintenance	31,000	-	31,000	26,040	
Capital Reserve Funding	428,079	-	428,079	428,079	
Subtotal Maintenance	$	1,287,796	$	14,739	$	1,302,535	$	1,242,305	

Recreation Facility:					
Amenity Staff	$	150,500	$	34,740	$	185,240	$	185,240	
Refuse Services	19,000	5,440	24,440	24,440	
Telephone	8,500	-	8,500	6,626	
Electric	29,000	5,738	34,738	34,738	
Cable	9,707	869	10,577	10,577	
Pool Maintenance	39,000	1,793	40,793	40,793	
Water / Sewer/Reclaim	48,000	-	48,000	41,213	
Facility Maintenance-General	75,000	-	75,000	63,017	
Facility Maintenance-Preventative	10,000	-	10,000	4,090	
Facility Maintenance - Contingency	40,000	-	40,000	14,232	
Lighting Repairs	9,500	-	9,500	7,339	
Special Events	10,250	-	10,250	9,929	
Office Supplies & Equipment	1,400	-	1,400	988	
Janitorial	70,200	-	70,200	61,800	
Recreation Passes	4,000	-	4,000	2,835	
Pool Leak Repairs	2,500	-	2,500	-	
Multiuse Field	30,000	-	30,000	-	
Subtotal Recreation Facility	$	556,557	$	48,580	$	605,137	$	507,856	
					
Total Expenses	$	2,224,534	$	63,750	$	2,288,284	$	2,108,676	
					
Excess Revenues (Expenditures)	$	-	$	(30,338)	$	(30,338)	$	149,269	
					
Fund Balance - Beginning	$	-	$	30,338	$	30,338	$	825,741	
					
Fund Balance - Ending	$	-	$	-	$	-	$	975,010