Metropica	
Community Development District	

Adopted Budget	
FY 2027	

Table of Contents

1

2-3

4-6

7-8

General Fund

Narratives

Debt Service Fund Series 2026

Debt Service Fund Series 2026 BAN

9	Assessment Schedule

Metropica	
Community Development District	
Adopted Budget	
General Fund	

Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Adopted Budget	
Description	FY2026	5/31/26	4 Months	9/30/26	FY 2027	

REVENUES:						
Special Assessments-On Roll	$	-	$-	$-	$-	$	9,179	
Special Assessments-Direct Bill	-	-	-	-	92,205	
Developer Contributions/ Special Assessments	107,843	64,586	19,154	83,740	-	

TOTAL REVENUES	$	107,843	$	64,586	$	19,154	$	83,740	$	101,384	

EXPENDITURES:						
Administrative						
Supervisor Fees	$	12,000	$	-	$	-	$	-	$	6,000	
FICA Taxes	918	-	-	-	459	
Engineering	10,000	3,263	2,500	5,763	10,000	
Attorney	12,000	16,350	10,219	26,569	12,000	
Annual Audit	5,000	3,300	-	3,300	5,000	
Assessment Administration	5,000	-	-	-	5,000	
Arbitrage Rebate	550	-	-	-	550	
Dissemination Agent	5,000	-	-	-	5,000	
Trustee Fees	5,000	-	-	-	5,000	
Management Fees	37,000	24,667	12,333	37,000	37,000	
Website Maintenance	1,500	1,000	500	1,500	1,500	
Telephone	200	-	-	-	200	
Postage & Delivery	750	-	250	250	750	
Insurance General Liability	6,500	5,512	-	5,512	6,500	
Printing & Binding	1,000	-	250	250	1,000	
Legal Advertising	2,000	501	1,250	1,751	2,000	
Other Current Charges	750	1	50	51	750	
Dues, Licenses & Subscriptions	175	175	-	175	175	
Contingency	2,500	-	1,619	1,619	2,500	
TOTAL EXPENDITURES	$	107,843	$	54,769	$	28,971	$	83,740	$	101,384	

EXCESS REVENUES (EXPENDITURES)	$	-	$	9,817	$	(9,817)	$	-	$	-	

Product	Assessable Units	Total Gross Assessment	FY26
Gross Per Unit	FY27
Gross Per Unit	Increase/ (Decrease)	
On Tax Roll						
Single Family	263	$	9,218.70	$	-	$	35.05	$	35.05	
Commercial	5.0	$	545.92	$	-	$	108.66	$	108.66	
Total	268.0	$	9,764.62				
Net Assessments		 $	9,178.74 				

Product	Assessable Acres	Total Gross Assessment	FY26
Gross Per Unit	FY27
Gross Per Unit	Increase/ (Decrease)	
Direct Bill (BAN)						
Commercial/Office/Hotals	25.9	$	52,203.95	$	-	$	2,017.84	$	2,017.84	
Direct Bill (Owned by Developers)						
Commercial/Office/Hotals	22.7	$	45,886.75	$	-	$2,017.84	$	2,017.84	
Total	25.9	$  98,090.70				
Net Assessments		 $  92,205.26 				

Metropica	
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.	
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.	

Metropica	
Community Development District	
Budget Narrative	
Fiscal Year 2027	

Expenditures - Administrative (continued)	
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.	
Telephone	
Conference calls for the CDD.	
Postage and Delivery	
Actual postage and/or freight used for District mailings including agenda packages, vendor checks and other	
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	
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 Florida Commerce for $175.	
Contingencies	
A contingency for any unanticipated and unscheduled cost to the District.	

Metropica	
Community Development District	
Adopted Budget	
Debt Service Series 2026 Special Assessment Bonds and Bond Anticipation Note	

Proposed Budget	
Actuals Thru	
Projected Next	
Projected Thru	Adopted Budget	
Description	FY2026	5/31/26	4 Months	9/30/26	FY 2027	

REVENUES:

Special Assessments-On Roll	$	-	$	-	$	-	$	-	$	216,121	
Special Assessments-Direct Bill	-	-	-	-	-	
Interest Earnings	1,000	16	1,047	1,064	1,621	
Carry Forward Surplus (1)	-	-	-	-	85,599	
TOTAL REVENUES	$	1,000	$	16	$	1,047	$	1,064	$	303,341	

EXPENDITURES:						
2026 Special Assessment Bond	
Interest - 11/1	$	-	$	-	$	-	$	-	$	85,599	
Interest - 5/1	-	-	-	-	84,659	
Principal - 5/1	-	-	-	-	45,000	

TOTAL EXPENDITURES	$	-	$	-	$	-	$	-	$	215,258	

Other Sources/(Uses)						
Bond Proceed	$	139,629	$	-	$	139,629	$	139,629	$	-	

TOTAL OTHER SOURCES/(USES)	$	139,629	$	-	$	139,629	$	139,629	$	-	

TOTAL EXPENDITURES	$	(139,629)	$	-	$	(139,629)	$	(139,629)	$	215,258	

EXCESS REVENUES (EXPENDITURES)	$	140,629	$	16	$	140,677	$	140,693	$	88,083	

Bond Interest Due 11/1/27	$	83,759	

(1) Carry Forward is Net of Reserve Requirement

Product	Assessable Units	Total Gross Assessment	FY26
Gross Per Unit	FY27
Gross Per Unit	Increase/ (Decrease)	
On Tax Roll						
Single Family	263	$  217,061.73	$	-	$	825.33	$	825.33	
Commercial	5	$	12,853.96	$	-	$	2,558.51	$	2,558.51	
Total	268	$ 229,915.70				
Net Assessments		 $ 216,120.76 				

Metropica	
Community Development District	
AMORTIZATION SCHEDULE	
Debt Service Series 2026 Special Assessment Bonds and Bond Anticipation Note	

Period	Outstanding Balance	Coupons	Principal	Interest	Annual Debt Service	

04/16/26	$	3,120,000	4.000%	$	-	$	-	$	-	
05/01/26	3,120,000	4.000%		-		
11/01/26	3,120,000	4.000%		85,599	85,599	
05/01/27	3,120,000	4.000%	45,000	84,659		
11/01/27	3,075,000	4.000%		83,759	213,418	
05/01/28	3,075,000	4.000%	45,000	83,759		
11/01/28	3,030,000	4.000%		82,859	211,618	
05/01/29	3,030,000	4.000%	50,000	82,859		
11/01/29	2,980,000	4.000%		81,859	214,718	
05/01/30	2,980,000	4.000%	50,000	81,859		
11/01/30	2,930,000	4.000%		80,859	212,718	
05/01/31	2,930,000	4.000%	55,000	80,859		
11/01/31	2,875,000	4.000%		79,759	215,618	
05/01/32	2,875,000	5.350%	55,000	79,759		
11/01/32	2,820,000	5.350%		78,288	213,046	
05/01/33	2,820,000	5.350%	60,000	78,288		
11/01/33	2,760,000	5.350%		76,683	214,970	
05/01/34	2,760,000	5.350%	60,000	76,683		
11/01/34	2,700,000	5.350%		75,078	211,760	
05/01/35	2,700,000	5.350%	65,000	75,078		
11/01/35	2,635,000	5.350%		73,339	213,416	
05/01/36	2,635,000	5.350%	70,000	73,339		
11/01/36	2,565,000	5.350%		71,466	214,805	
05/01/37	2,565,000	5.350%	75,000	71,466		
11/01/37	2,490,000	5.350%		69,460	215,926	
05/01/38	2,490,000	5.350%	75,000	69,460		
11/01/38	2,415,000	5.350%		67,454	211,914	
05/01/39	2,415,000	5.350%	80,000	67,454		
11/01/39	2,335,000	5.350%		65,314	212,768	
05/01/40	2,335,000	5.350%	85,000	65,314		
11/01/40	2,250,000	5.350%		63,040	213,354	
05/01/41	2,250,000	5.350%	90,000	63,040		
11/01/41	2,160,000	5.350%		60,633	213,673	
05/01/42	2,160,000	5.350%	95,000	60,633		
11/01/42	2,065,000	5.350%		58,091	213,724	
05/01/43	2,065,000	5.350%	100,000	58,091		
11/01/43	1,965,000	5.350%		55,416	213,508	
05/01/44	1,965,000	5.350%	105,000	55,416		
11/01/44	1,860,000	5.350%		52,608	213,024	
05/01/45	1,860,000	5.350%	110,000	52,608		
11/01/45	1,750,000	5.350%		49,665	212,273	
05/01/46	1,750,000	5.350%	120,000	49,665		
11/01/46	1,630,000	5.350%		46,455	216,120	
05/01/47	1,630,000	5.700%	125,000	46,455		
11/01/47	1,505,000	5.700%		42,893	214,348	
05/01/48	1,505,000	5.700%	130,000	42,893		
11/01/48	1,375,000	5.700%		39,188	212,080	
05/01/49	1,375,000	5.700%	140,000	39,188		
11/01/49	1,235,000	5.700%		35,198	214,385	
05/01/50	1,235,000	5.700%	150,000	35,198		
11/01/50	1,085,000	5.700%		30,923	216,120	
05/01/51	1,085,000	5.700%	155,000	30,923		
11/01/51	930,000	5.700%		26,505	212,428	

Metropica	
Community Development District	
AMORTIZATION SCHEDULE	
Debt Service Series 2026 Special Assessment Bonds and Bond Anticipation Note	

Period	Outstanding Balance	Coupons	Principal	Interest	Annual Debt Service	

(Continued)						
05/01/52	930,000	5.700%	165,000	26,505		
11/01/52	765,000	5.700%		21,803	213,308	
05/01/53	765,000	5.700%	175,000	21,803		
11/01/53	590,000	5.700%		16,815	213,618	
05/01/54	590,000	5.700%	185,000	16,815		
11/01/54	405,000	5.700%		11,543	213,358	
05/01/55	405,000	5.700%	195,000	11,543		
11/01/55	210,000	5.700%		5,985	212,528	
05/01/56	210,000	5.700%	210,000	5,985	215,985	
Total		$	3,120,000	$	3,376,121	$	6,496,121	

Metropica	
Community Development District	
Adopted Budget	
Debt Service Series 2026 Bond Anticipation Note	

Proposed Budget	
Actuals Thru	
Projected Next	
Projected Thru	Adopted Budget	
Description	FY2026	5/31/26	4 Months	9/30/26	FY 2027	

REVENUES:

Special Assessments-Direct Bill	$	-	$	-	$	-	$	-	$	472,850	
Interest Earnings	19,000	363	18,967	19,330	28,371	
Carry Forward Surplus (1)	-	-	-	-	950,954	

TOTAL REVENUES	$	19,000	$	363	$	18,967	$	19,330	$	1,452,175	

EXPENDITURES:						
2026 Bond Anticipation Bond						
Interest - 11/1	$	-	$	-	$	-	$	-	$	478,104	
Interest - 5/1	-	-	-	-	472,850	
Principal - 5/1	-	-	-	-	-	

TOTAL EXPENDITURES	$	-	$	-	$	-	$	-	$	950,954	

Other Sources/(Uses)

Interfund transfer In/(Out)	$	-	$	-	$	-	$	-	$	-	
Bond Anticipation Note Proceed	1,896,654	-	1,896,654	1,896,654	-	

TOTAL OTHER SOURCES/(USES)	$	1,896,654	$	-	$	1,896,654	$	1,896,654	$	-	

TOTAL EXPENDITURES	$  (1,896,654)	$	-	$  (1,896,654)	$	(1,896,654)	$	950,954	

EXCESS REVENUES (EXPENDITURES)	$	1,915,654	$	363	$	1,915,620	$	1,915,984	$	501,221	

Interest Due 11/1/27	$	472,850	

(1) Carry Forward is Net of Reserve Requirement

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

Direct Billed (BAN)						
Commercial/Offices/Hotel	25.87	$  503,031.91	$	-	$	19,443.71	$	19,443.71	

Total	25.87	$ 503,031.91	
Less: Discounts & Collections 6%		 $	30,181.91 	
Net Assessments		 $ 472,850.00 	

Metropica	
Community Development District	
AMORTIZATION SCHEDULE	
Debt Service Series 2026 Bond Anticipation Note	

Period	Outstanding Balance	Coupons	Principal	Interest	Annual Debt Service	

04/16/26	$	13,510,000	7.000%	$	-	$	-	$	-	
05/01/26	13,510,000	7.000%	-	-		
11/01/26	13,510,000	7.000%	-	478,104	$478,104	
05/01/27	13,510,000	7.000%	-	472,850		
11/01/27	13,510,000	7.000%	-	472,850	$945,700	
05/01/28	13,510,000	7.000%	-	472,850		
11/01/28	13,510,000	7.000%	-	472,850	$945,700	
05/01/29	13,510,000	7.000%	-	472,850		
11/01/29	13,510,000	7.000%	-	472,850	$945,700	
05/01/30	13,510,000	7.000%	-	472,850		
11/01/30	13,510,000	7.000%	13,510,000	472,850	$14,455,700	

Total	$	13,510,000	$	4,260,904	$	17,770,904	

Metropica
Community Development District
Non-Ad Valorem Assessments Comparison 2026-2027

Neighborhood	O&M Units	Bonds Units
2026	
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	
263	
263	
$35.05	
$0.00	
$35.05	
$825.33	
$0.00	
$825.33	
$860.38	
$0.00	
$860.38	
Commercial sq ft ***	5.024	5.024	$108.66	$0.00	$108.66	$2,558.51	$0.00	$2,558.51	$2,667.17	$0.00	$2,667.17	
Total	268	268										
***1,000 sq.ft equals one Unit, ERU is per Unit