CBP_11_09_21_v15

CASH FLOW POA LONG TERM PROJECTS PLAN For the Fiscal Year Ending April 30, 2022

23-24 0,000 ) ( 0,000) ( SOURCES OF FUNDS FYE 21-22 FYE 22-23 FYE 23-24 FYE 2 Reserve Funding from POA Fees ( 844,300 ) ( 1,000,000 ) ( 1,100,000 ) ( 1,200 Annual Capital Spending ( (230,000) ( (250,000) ( (250,000) ( 250

( 1,300,000 ) ( 2,250,000 )

Note 1

Loan from Club Capital Fund

5,000) Loan Repayment to Club Capital Fund Note 1

( (260,000) ( (390,000) ( (615,000) (

( 615

(

489,300 )

PPP Proceeds Allocated to the POA

5,000 ) ( Net Sources of Funds ( $ 2,143,600 )( $ 2,610,000 )( $ 235,000 ) ( $ 335

LONG TERM EXPENDITURES

New Gatehouse

( $ 750,000 ) ( $ 400,000 ) ( $ 250,000 )

( (750,000) ( (400,000) ( (250,000)

Mailbox Replacement

Street and Post Lights - Note 3

0,000) Lake Bank Slopes

( $ 2,500,000 )( (250,000) ( (250,000) ( (250,000) (

( 250

Neighborhood Roadway Paving Maintenance Building - Note 2 Security Camera Replacement

( $ 1,300,000 )( (1,300,000)

( $ 1,625,000 )( (125,000) ( (1,500,000)

( $ 900,000 ) Total Long Term Expenditures ( $ 7,725,000 )( $ (1,675,000) ( $ (3,150,000) ( $ (250,000) ( $ 250 $7,725,000

0,000)

(

POA LONG TERM PROJECTS CASH FLOW

24,400 )( Opening Reserve Fund Balance ( $ 1,395,80 )( $ 1,864,400 )( $ 1,324,400 )( $ 1,30

5,000 ) ( 0,000) ( 5,000) ( Net Sources of Funds ( 2,143,600 ) ( 2,610,000 ) ( 235,000 ) ( 335 Long Term Expenditures ( (1,675,000) ( (3,150,000) ( (250,000) ( 250 Net Funds ( 468,600 ) ( (540,000) ( (15,000) ( 85

09,400 )( Ending Reserve Fund Balance ( $ 1,864,40 )( $ 1,324,400 )( $ 1,309,400 )( $ 1,39

s - Irrigatio urity Gate Note 1 - The Club Capital Fund will loan the POA Infrastructure Reserve the funds needed for the following POA projects - Irrigati n Syste Replacement, Neighborhood Roadway Repaving, Landscape Maintenance Building Repl cement (Note 4), and New Security Gatehouse. funds will be paid back to the Club Capital Fund over a ten year period out of POA Maintenance Fees. Note 2 - The total cost to renovate the entire Golf and Landscape Maintenance Area, including the service road, is shared equally by the C and POA for an estimated cost of $3,250,000 Note 1 - The Club Capital Fund will loan the POA Infrastructure Reserve the funds needed for the following POA projects - Irrigation System Replacement, Neighborhood Roadway Repaving, Landscape Maintenance Building Replacement (Note 4), and New Security Gatehouse. These funds will be paid back to the Club Capital Fund over a ten year period out of POA Maintenance Fees. The total cost to renovate the entire Golf and Landscape Maintenance Area, including the service road, is shared equally by the Club and POA for an estimated cost of $3,250,000. ed equally per street sible for th Note 3 - The POA is in discussion with Florida Power and Light to enter into an FPL program in which, for a monthly fee per street light, F replace all the street lights in the community, maintain the street lights and provide electricity. The POA will be responsible for the initial of trenching and boring of new wiring. Note 2 -

Note 3 -

The POA is in discussion with Florida Power and Light to enter into an FPL program in which, for a monthly fee per street light, FPL will replace all the street lights in the community, maintain the street lights and provide electricity. The POA will be responsible for the initial cost of trenching and boring of new wiring.

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