Vizcaya in Kendall	
Community Development District	

Approved Proposed Budget	
FY 2025	

Table of Contents

1-2

3-6

7-9

10-11

	General Fund

	Narratives

	Debt Service Fund Series 2012

	Debt Service Fund Series 2016

12		Assessment Schedule

Vizcaya in Kendall	
Community Development District	
Approved Proposed Budget	
General Fund	

REVENUES:

Special Assessments - On Roll	$1,321,689	$1,228,781	$102,914	$1,331,695	$1,444,940	
Interest income	5,000	11,445	9,252	20,697	10,000	
Facility Rental Fees	10,000	2,035	2,965	5,000	5,000	

TOTAL REVENUES	$1,336,689	$1,242,261	$115,131	$1,357,392	$1,459,940	

EXPENDITURES:

Administrative						
Supervisor Fees	$6,000	$1,000	$3,000	$4,000	$6,000	
FICA Taxes	459	77	230	306	459	
Engineering	10,000	3,162	6,838	10,000	10,000	
Attorney	20,000	9,375	10,625	20,000	20,000	
Annual Audit	4,000	3,650	-	3,650	3,650	
Assessment Administration	2,000	2,000	-	2,000	2,070	
Arbitrage Rebate	1,100	1,100	-	1,100	1,100	
Dissemination Agent	2,500	1,250	1,250	2,500	2,588	
Trustee Fees	10,500	3,500	7,000	10,500	10,500	
Management Fees	43,260	21,630	21,630	43,260	44,774	
Information Technology	1,200	600	600	1,200	1,242	
Website Maintenance	1,000	500	500	1,000	1,035	
Postage & Delivery	850	230	620	850	1,000	
Insurance General Liability	7,612	7,162	-	7,162	8,236	
Printing & Binding	1,600	250	1,350	1,600	1,600	
Legal Advertising	1,300	2,842	1,000	3,842	1,800	
Other Current Charges	2,500	403	1,200	1,603	1,600	
Office Supplies	304	3	302	304	50	
Dues, Licenses & Subscriptions	175	175	-	175	175	
1st Quarter Operating	-	-	-	-	83,000	

TOTAL ADMINISTRATIVE	$116,360	$58,907	$56,144	$115,051	$200,879	

Operations & Maintenance

Field Maintenance						
Field Management Services	$13,125	$6,563	$6,563	$13,125	$13,781	
Security Services	235,704	106,426	109,443	215,869	225,000	
Enhanced Security	6,480	-	-	-	6,480	
Miscellanous Security Services	11,753	7,636	5,792	13,429	15,500	
Utilities - Internet	4,936	2,777	2,790	5,567	5,574	
Utilities - Electric Fountain/Irrigaton	25,080	9,995	11,400	21,395	25,080	
Utilities - Streetlighting	31,680	14,247	14,400	28,647	28,800	
Utilities - Water Fountains	13,200	2,171	11,030	13,200	13,200	
Repair and Maintenance	-	-	-	-	10,000	
Equipment Leases - Golf Carts	18,960	9,450	9,450	18,900	18,900	
Entrance & Monument Repairs	12,000	-	12,000	12,000	12,000	
Landscape Maintenance	76,428	38,802	38,802	77,604	77,792	
Landscape Replacements	15,000	1,240	13,760	15,000	15,000	
Tree Trimming	31,700	360	31,940	32,300	40,000	

Vizcaya in Kendall	
Community Development District	
Approved Proposed Budget	
General Fund	

Field Maintenance (continued)						
Fertilization Pest Control	$25,200	$12,600	$12,600	$25,200	$25,200	
Irrigation Repairs/Maintenance	18,000	15,880	13,950	29,830	18,000	
Porter Services	48,975	26,954	26,046	53,000	53,000	
Lakes and Preserve Maint.	3,780	1,890	1,890	3,780	3,780	
Miscellanous Lake Maintenance	2,000	-	2,000	2,000	2,000	
Fountain Maintenance/Repair	6,375	4,645	4,560	9,205	11,464	
Contingency	5,000	12,391	10,000	22,391	5,000	
Sidewalk Repairs	10,000	-	10,000	10,000	5,000	
Culvert Cleaning	-	-	3,650	3,650	5,000	
Holiday Decorations	6,193	6,730	-	6,730	6,730	
Special Events	3,500	-	3,500	3,500	3,500	

Total Field Maintenance	$625,069	$280,756	$355,565	$636,321	$645,781	

Amenity Center Maintenance						
Salary - Clubhouse employees	$185,524	$83,699	$101,825	$185,524	$187,850	
FICA - Clubhouse emplyoees	13,635	6,403	7,790	14,193	14,371	
Health Insurance	9,240	1,532	1,530	3,062	3,060	
Worker's Comp	5,000	4,158	-	4,158	5,000	
Clubhouse Management	38,618	17,962	21,923	39,885	40,444	
Fire Monitoring	3,720	836	360	1,196	3,720	
Phone/Internet/Cable	9,914	5,327	5,404	10,731	10,807	
Utilities - Electric	34,800	16,774	16,800	33,574	34,800	
Utilities - Water	40,000	12,164	17,836	30,000	30,000	
Propane	8,000	5,449	4,051	9,500	9,500	
Refuse Services	49,000	27,211	23,789	51,000	52,000	
Property Insurance	60,381	61,447	-	61,447	73,736	
Repairs & Maintenance	19,045	24,893	5,083	29,976	20,000	
A/C Maintenance	4,800	3,710	4,700	8,410	7,400	
Fitness Equipment Maintenance	7,500	7,099	401	7,500	7,500	
Landscape Maintenance	10,608	5,398	5,398	10,796	10,608	
Landscape Replacements	5,000	-	5,000	5,000	5,000	
Pool Maintenance	39,000	18,320	22,500	40,820	45,000	
Pool Repairs & Special Services	5,000	5,995	11,001	16,996	10,000	
Pest Control	576	270	90	360	540	
Contingencies	4,803	300	3,600	3,900	4,713	
Operating Supplies	10,500	3,431	3,431	6,863	10,000	
Pool Permits	500	-	500	500	501	
Holiday Decorations	6,193	6,730	-	6,730	6,730	
Reserve	23,902	-	23,902	23,902	20,000	

Total Amenity Center Maintenance	$595,260	$319,105	$286,915	$606,020	$613,280	

TOTAL EXPENDITURES	$1,336,689	$658,768	$698,625	$1,357,392	$1,459,940	

EXCESS REVENUES (EXPENDITURES)	$-	$583,493	$(583,494)	$-	$-	

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.	
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	
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.	

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.	

Expenditures – Field	

Field Management Services	
The supervision and on-site management of Vizcaya in Kendall CDD. The responsibilities include reviewing contracts and other maintenance related items.	
Security Services	
The District entered into a contract with Vested Security, Inc.	
Enhanced Security Services	
The use of an Off-duty police officer.	
Miscellaneous Security Services	
Includes any additional security services the District should incur during the fiscal year.	
Utilities Internet	
Internet service for the soccer field.	
Utilities - Electirc	
The District currently has 4 accounts with Florida Power & Light:	
-16900 SW 88th Street Fountain	
-16950 SW 93rd Street Fountain	
-16950 SW 93rd Street Fountain (2)	
-16950 SW 93rd Street Pavilion	
Utilities - Streetlighting	
This represents the electric fees associated with the streetlights.	
Utilities - Water Fountains	
The maintenance of the three water fountains.	
Equipment Leases - Golf Carts	
The District is leasing 3 golf carts from Southern Golf Cars, Inc.	
Entrance and Monument Repairs	
Represents repairs and wash for the main entrance and gazebo.	

Expenditures – Field (continued)	
Landscape Mainteannce	
Landscaping of the common area to include grass cutting and edging. The District is contracted with Turf Management.	
Landscape Replacement	
Landscaping and maintenance of the common areas.	
Tree Trimming	
The District is contracted with Turf Management to trim the district’s trees/Palms.	
Fertilization Pest Control	
The District has currently a contract with Southern Plant & Pest Control for pest control.	
Irrigation Repairs/Mainteannce	
The District’s contracted Turf Management to maintain the irrigation system which includes monthly wet check and irrigation system repair materials.	
Porter Services	
This represents 20 hours a week or various cleanup and maintenance/supplies.	
Lake and Preserve Maintenance	
Includes monthly cleaning of all District lakes. The District is contracted with Eco Blue Aquatic Services for these services.	
Miscellaneous Lake Maintenance	
Includes any un-budgeted expense related to the maintenance of the lakes.	
Fountain Maintenance	
The District contracted M&M Pool & Spa Service, to maintain the fountains within the District.	
Contingencies	
Represents any un-budgeted expense.	
Sidewalk Repairs	
Represents any sidewalk repairs.	
Culvert Cleaning	
Annual storm drain cleaning for all storm drains throughout the District.	
Holiday Decorations	
The District currently contracts with CDI Enterprises for the annual Holiday lighting.	
Special Events	
This represents any special events held at the district.	

Expenditures – Clubhouse	
Salary - Clubhouse employees	
Cost is based on hired 5.5 employees; 2 full-time field analysts, 2 part-time field analysts, 1 full-time Janitor and 1 part-time janitor	
FICA-Clubhouse employees	
Represents payroll taxes of 7.65% for clubhouse employees.	
Health Insurance	
Represents the health compensation insurance for 3 Clubhouse employees.	
Worker's Comp	
Represents the worker’s compensation insurance for the Clubhouse employees.	
Clubhouse Management Fees	
CAM III management fees to cover clubhouse employees’ benefits.	
Fire Monitoring	
The District has contracted with Empire Fire Safety for this service.	

Expenditures – Clubhouse (continued)	
Phone/Interent/Cable	
The District currently has accounts with Comcast to provide phone, internet, and cable service to the Clubhouse.	
Utilities - Electict	
The currently 1 account with Florida Power & Light:	
-9501 SW 171st Ave - Clubhouse	
Utilities - Water & Sewer	
Water and sewer cost for the Club.	
Propane Gas	
The purchases of propane gas for the District.	
Refuse Services	
The District has contracted with Waste Connections of Florida for refuse services.	
Property Insurance	
Represents the property insurance for the Clubhouse and contents.	
Repairs and Maintenance	
Maintenance expenditures required to repair and maintain the Clubhouse	
A/C Maintenance	
This represents the maintenance of the air conditioners.	
Fitness Equipment Mainteance	
This line item is the estimated cost to maintain the fitness equipment.	
Landscape Maintenance	
Landscaping of the Clubhouse to include grass cutting and edging. The District is contracted with Turf Management for these	
Landscape Replacements	
Any additional landscape services needed for the District.	
Pool Maintenance	
The District has contracted with M&M Pool&SAP Services, Inc. for monthly pool maintenance. The services include:	
-Test balance and maintain proper chemical balance	
-Vacuum, backwash filter, clean skimmer baskets	
-Monitor and inspect all pool and fountain equipment	
Pool Repairs and Special Services	
Includes any repairs for the pool.	
Pest Control	
Preventative maintenance for bugs and rodents.	
Contingencies	
Represents any un-budgeted expense.	
Operating Supplies	
Includes operating, office and cleaning supplies needed to operate.	
Pool Permits	
Required annual licenses from the Florida Department of Health for the pool and spa.	
Holiday Decorations	
The District currently contracts with CDI Enterprises for the annual Holiday lighting.	
Reserve	
Reserve to cover future improvements.	

Vizcaya in Kendall	
Community Development District	
Approved Proposed Budget	
Debt Service Series 2012 Special Assessment Refunding Revenue Bonds	

Adopted
Budget	Actuals Thru	Projected Next	Projected Thru	Approved
Proposed	
Description	FY2024	3/31/24	6 Months	9/30/24	FY 2025	

REVENUES:

Special Assessments A1- Tax Roll	$388,358	$342,230	$28,725	$370,955	$368,906	
Special Assessments A2- Tax Roll	414,611	365,399	30,669	396,068	393,881	
Interest Income	-	28,446	9,000	37,446	15,000	
Carry Forward Balance (1)	608,216	608,460	-	608,460	649,702	

TOTAL REVENUES	$1,411,186	$1,344,536	$68,394	$1,412,930	$1,427,489	

EXPENDITURES:

Series 2012A-1						
Interest 11/1	$130,166	$130,166	$-	$130,166	$126,839	
Principal - 5/1	110,000	-	110,000	110,000	115,000	
Interest - 5/1	130,166	-	130,166	130,166	126,839	

Series 2012A-2						
Interest 11/1	$138,948	$138,948	$-	$138,948	$135,469	
Principal - 5/1	115,000	-	115,000	115,000	125,000	
Interest - 5/1	138,948	-	138,948	138,948	135,469	

TOTAL EXPENDITURES	$763,228	$269,114	$494,114	$763,228	$764,615	

Other Sources/(Uses)

Transfer in/(Out)	$-	$-	$-	$-	$-	

TOTAL OTHER SOURCES/(USES)	$-	$-	$-	$-	$-	

TOTAL EXPENDITURES	$763,228	$269,114	$494,114	$763,228	$764,615	

EXCESS REVENUES (EXPENDITURES)	$647,958	$1,075,422	$(425,720)	$649,702	$662,874	

Interest - 11/1/25	$123,360	
Interest - 11/1/25 		131,688 	
Total	255,048	

(1) Carry forward surplus is net of the reserve requirement

Vizcaya in Kendall	
Community Development District	
AMORTIZATION SCHEDULE	
Debt Service Series 2012 A1 Special Assessment Refunding Revenue Bonds	

11/01/24	$3,820,000	6.050%	$-	$126,839	$126,839	
05/01/25	3,820,000	6.050%	115,000	126,839		
11/01/25	3,705,000	6.050%		123,360	365,199	
05/01/26	3,705,000	6.050%	125,000	123,360		
11/01/26	3,580,000	6.050%		119,579	367,939	
05/01/27	3,580,000	6.050%	130,000	119,579		
11/01/27	3,450,000	6.050%		115,646	365,225	
05/01/28	3,450,000	6.050%	140,000	115,646		
11/01/28	3,310,000	6.050%		111,411	367,058	
05/01/29	3,310,000	6.050%	150,000	111,411		
11/01/29	3,160,000	6.050%		106,874	368,285	
05/01/30	3,160,000	6.050%	160,000	106,874		
11/01/30	3,000,000	6.050%		102,034	368,908	
05/01/31	3,000,000	6.050%	165,000	102,034		
11/01/31	2,835,000	6.050%		97,043	364,076	
05/01/32	2,835,000	6.050%	180,000	97,043		
11/01/32	2,655,000	6.900%		91,598	368,640	
05/01/33	2,655,000	6.900%	190,000	91,598		
11/01/33	2,465,000	6.900%		85,043	366,640	
05/01/34	2,465,000	6.900%	205,000	85,043		
11/01/34	2,260,000	6.900%		77,970	368,013	
05/01/35	2,260,000	6.900%	220,000	77,970		
11/01/35	2,040,000	6.900%		70,380	368,350	
05/01/36	2,040,000	6.900%	235,000	70,380		
11/01/36	1,805,000	6.900%		62,273	367,653	
05/01/37	1,805,000	6.900%	250,000	62,273		
11/01/37	1,555,000	6.900%		53,648	365,920	
05/01/38	1,555,000	6.900%	270,000	53,648		
11/01/38	1,285,000	6.900%		44,333	367,980	
05/01/39	1,285,000	6.900%	290,000	44,333		
11/01/39	995,000	6.900%		34,328	368,660	
05/01/40	995,000	6.900%	310,000	34,328		
11/01/40	685,000	6.900%		23,633	367,960	
05/01/41	685,000	6.900%	330,000	23,633		
11/01/41	355,000	6.900%		12,248	365,880	
05/01/42	355,000	6.900%	355,000	12,248	367,248	

TOTAL	$3,820,000	$2,916,470	$6,736,470	

Vizcaya in Kendall	
Community Development District	
AMORTIZATION SCHEDULE	
Debt Service Series 2012 A2 Special Assessment Refunding Revenue Bonds	

11/01/24	$4,080,000	6.050%	$-	$135,469	$135,469	
05/01/25	4,080,000	6.050%	125,000	135,469		
11/01/25	3,955,000	6.050%		131,688	392,156	
05/01/26	3,955,000	6.050%	130,000	131,688		
11/01/26	3,825,000	6.050%		127,755	389,443	
05/01/27	3,825,000	6.050%	140,000	127,755		
11/01/27	3,685,000	6.050%		123,520	391,275	
05/01/28	3,685,000	6.050%	150,000	123,520		
11/01/28	3,535,000	6.050%		118,983	392,503	
05/01/29	3,535,000	6.050%	160,000	118,983		
11/01/29	3,375,000	6.050%		114,143	393,125	
05/01/30	3,375,000	6.050%	170,000	114,143		
11/01/30	3,205,000	6.050%		109,000	393,143	
05/01/31	3,205,000	6.050%	180,000	109,000		
11/01/31	3,025,000	6.050%		103,555	392,555	
05/01/32	3,025,000	6.050%	190,000	103,555		
11/01/32	2,835,000	6.900%		97,808	391,363	
05/01/33	2,835,000	6.900%	205,000	97,808		
11/01/33	2,630,000	6.900%		90,735	393,543	
05/01/34	2,630,000	6.900%	220,000	90,735		
11/01/34	2,410,000	6.900%		83,145	393,880	
05/01/35	2,410,000	6.900%	235,000	83,145		
11/01/35	2,175,000	6.900%		75,038	393,183	
05/01/36	2,175,000	6.900%	250,000	75,038		
11/01/36	1,925,000	6.900%		66,413	391,450	
05/01/37	1,925,000	6.900%	270,000	66,413		
11/01/37	1,655,000	6.900%		57,098	393,510	
05/01/38	1,655,000	6.900%	285,000	57,098		
11/01/38	1,370,000	6.900%		47,265	389,363	
05/01/39	1,370,000	6.900%	305,000	47,265		
11/01/39	1,065,000	6.900%		36,743	389,008	
05/01/40	1,065,000	6.900%	330,000	36,743		
11/01/40	735,000	6.900%		25,358	392,100	
05/01/41	735,000	6.900%	355,000	25,358		
11/01/41	380,000	6.900%		13,110	393,468	
05/01/42	380,000	6.900%	380,000	13,110	393,110	

TOTAL	$4,080,000	$3,113,643	$7,193,643	

Vizcaya in Kendall	
Community Development District	
Approved Proposed Budget	
Debt Service Series 2016 Special Assessment Bonds	

Adopted
Budget	Actuals Thru	Projected Next	Projected Thru	Approved
Proposed	
Description	FY2024	3/31/24	6 Months	9/30/24	FY 2025	

REVENUES:

Special Assessments - Tax Roll	$527,812	$489,646	$41,098	$530,744	$527,812	
Interest Income	-	18,535	4,500	23,035	10,000	
Carry Forward Balance	500,341	485,689	-	485,689	516,442	

TOTAL REVENUES	$1,028,154	$993,870	$45,598	$1,039,468	$1,054,254	

EXPENDITURES:

Interest 11/1	$155,586	$155,586	$-	$155,586	$152,899	
Principal - 11/1	215,000	215,000	-	215,000	220,000	
Interest - 5/1	152,899	-	152,899	152,899	149,874	

TOTAL EXPENDITURES	$523,485	$370,586	$152,899	$523,485	$522,773	

Other Sources/(Uses)

Transfer in/(Out)	$-	$459	$-	$459	$-	

TOTAL OTHER SOURCES/(USES)	$-	$459	$-	$459	$-	

TOTAL EXPENDITURES	$523,485	$370,127	$152,899	$523,026	$522,773	

EXCESS REVENUES (EXPENDITURES)	$504,669	$623,743	$(107,301)	$516,442	$531,482	

Interest - 11/1/25	$149,874	
Interest - 11/1/25 		225,000 	
Total	374,874	

Vizcaya in Kendall	
Community Development District	
AMORTIZATION SCHEDULE	
Debt Service Series 2016 Special Assessment Bonds	

Period	Outstanding Balance	Coupons	Principal	Interest	Annual Debt Service	

11/01/24	$7,765,000	2.750%	$220,000	$152,899	$372,899	
05/01/25	7,545,000	3.000%		149,874		
11/01/25	7,545,000	3.000%	225,000	149,874	524,748	
05/01/26	7,320,000	3.200%		146,499		
11/01/26	7,320,000	3.200%	230,000	146,499	522,998	
05/01/27	7,090,000	3.750%		142,819		
11/01/27	7,090,000	3.750%	240,000	142,819	525,638	
05/01/28	6,850,000	3.750%		138,319		
11/01/28	6,850,000	3.750%	250,000	138,319	526,638	
05/01/29	6,600,000	3.750%		133,631		
11/01/29	6,600,000	3.750%	260,000	133,631	527,263	
05/01/30	6,340,000	3.750%		128,756		
11/01/30	6,340,000	3.750%	270,000	128,756	527,513	
05/01/31	6,070,000	3.750%		123,694		
11/01/31	6,070,000	3.750%	280,000	123,694	527,388	
05/01/32	5,790,000	4.000%		118,444		
11/01/32	5,790,000	4.000%	290,000	118,444	526,888	
05/01/33	5,500,000	4.000%		112,644		
11/01/33	5,500,000	4.000%	300,000	112,644	525,288	
05/01/34	5,200,000	4.000%		106,644		
11/01/34	5,200,000	4.000%	310,000	106,644	523,288	
05/01/35	4,890,000	4.000%		100,444		
11/01/35	4,890,000	4.000%	325,000	100,444	525,888	
05/01/36	4,565,000	4.000%		93,944		
11/01/36	4,565,000	4.000%	335,000	93,944	522,888	
05/01/37	4,230,000	4.125%		87,244		
11/01/37	4,230,000	4.125%	350,000	87,244	524,488	
05/01/38	3,880,000	4.125%		80,025		
11/01/38	3,880,000	4.125%	365,000	80,025	525,050	
05/01/39	3,515,000	4.125%		72,497		
11/01/39	3,515,000	4.125%	380,000	72,497	524,994	
05/01/40	3,135,000	4.125%		64,659		
11/01/40	3,135,000	4.125%	395,000	64,659	524,319	
05/01/41	2,740,000	4.125%		56,513		
11/01/41	2,740,000	4.125%	410,000	56,513	523,025	
05/01/42	2,330,000	4.125%		48,056		
11/01/42	2,330,000	4.125%	430,000	48,056	526,113	
05/01/43	1,900,000	4.125%		39,188		
11/01/43	1,900,000	4.125%	445,000	39,188	523,375	
05/01/44	1,455,000	4.125%		30,009		
11/01/44	1,455,000	4.125%	465,000	30,009	525,019	
05/01/45	990,000	4.125%		20,419		
11/01/45	990,000	4.125%	485,000	20,419	525,838	
05/01/46	505,000	4.125%		10,416		
11/01/46	505,000	4.125%	505,000	10,416	525,831	
Total			$7,765,000	$4,162,369	$11,927,369	

Vizcaya in Kendall	
Community Development District	
Non-Ad Valorem Assessments Comparison	
2024-2025	

Neighborhood	O&M Units/ Acres	Bonds 2012
Units	Bonds 2016
Units	
Annual Maintenance Assessments	
Annual Debt Assessments	
Total Assessed Per Unit	
	
FY 2025	
FY 2024	
Increase/ (decrease)	
FY 2025	
FY 2024	Increase/ (decrease
)	
FY 2025	
FY 2024	
Increase/ (decrease)	

Assessment Area 1			O&M	Clubhouse	Total	O&M	Clubhouse	Total		Series 2012	Series 2016	Total	Series 2012	Series 2016	Total					
13 Buildings/
321 apartments	12.85	0	0	$21,544.43	$0.00	$21,544.43	$19,442.68	$0.00	$19,442.68	$2,101.75	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$21,544.43	$19,442.68	$2,101.75	
Assessment Area 2																				
Phase 1																					
Single Family	205	205	205	$604.41	$978.47	$1,582.88	$554.50	$897.68	$1,452.18	$130.70	$1,331.26	$706.86	$2,038.12	$1,331.26	$706.86	$2,038.12	$0.00	$3,621.00	$3,490.30	$130.70	
Townhomes	115	115	115	$604.41	$978.47	$1,582.88	$554.50	$897.68	$1,452.18	$130.70	$1,003.60	$706.86	$1,710.46	$1,003.60	$706.86	$1,710.46	$0.00	$3,293.34	$3,162.64	$130.70	
Phase 2																					
Single Family	92	92	92	$604.41	$978.47	$1,582.88	$554.50	$897.68	$1,452.18	$130.70	$1,112.19	$706.86	$1,819.05	$1,112.19	$706.86	$1,819.05	$0.00	$3,401.93	$3,271.23	$130.70	
Townhomes	355	355	355	$604.41	$978.47	$1,582.88	$554.50	$897.68	$1,452.18	$130.70	$835.00	$706.86	$1,541.86	$835.00	$706.86	$1,541.86	$0.00	$3,124.74	$2,994.04	$130.70	
Live/Work	19	19	19	$604.41	$978.47	$1,582.88	$554.50	$897.68	$1,452.18	$130.70	$835.00	$706.86	$1,541.86	$835.00	$706.86	$1,541.86	$0.00	$3,124.74	$2,994.04	$130.70	
Total	786	786	786										

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