Armstrong
Community Development District

Proposed Budget
FY 2027
June 11, 2026

Table of Contents

1-2

3-7

8

9-10

11-12

	General Fund

	Narrative

	Capital reserve Fund

	Debt Service Fund Series 2017

	Debt Service Fund Series 2019

13		Assessment Schedule

Adopted Budget

Actuals Thru	Projected Next Projected Thru	Proposed
Budget

Description	FY2026	5/31/26		4 Months		9/30/26	FY 2027	
REVENUES:						
Special Assessments - On Roll	$	684,423	$	681,513	$	2,908	$	684,422	$	684,422	
Cost Share - Tynes Blvd	2,400	1,217	800	2,017	2,000	
Miscellaneous Income - Access Cards	-	225	200	425	-	
Miscellaneous Income - Rental	-	1,300	900	2,200	-	
Interest income	14,631	11,081	6,075	17,156	15,000	
Carry Forward Surplus	-	-	-	-	20,397	
TOTAL REVENUES	$	701,454	$	695,337	$	10,883	$	706,220	$	721,819	

EXPENDITURES:						
Administrative:						
Supervisor Fees	$	12,000	$	7,200	$	4,000	$	11,200	$	12,000	
FICA Taxes	918	551	306	857	918	
Annual Audit	4,300	4,200	-	4,200	4,300	
Trustee Fees	8,514	8,142	-	8,142	8,514	
Dissemination Agent	7,791	5,194	2,597	7,791	8,258	
Arbitrage	1,100	1,100	-	1,100	1,100	
Engineering	6,000	5,390	2,500	7,890	11,000	
Attorney Fees	20,000	4,308	15,692	20,000	20,000	
Assessment Administration	5,899	5,899	-	5,899	6,253	
District Management Fees	55,745	37,163	18,581	55,745	59,089	
Information Technology	1,890	1,260	630	1,890	2,003	
Website Administration	1,313	875	437	1,313	1,391	
Telephone	400	164	120	284	400	
Postage & Delivery	500	155	345	500	500	
General Liability and Public Officials Insurance	8,208	7,734	-	7,734	8,507	
Printing & Binding	750	388	362	750	750	
Legal Advertising	2,000	233	495	728	2,000	
Bank Fees and Other Charges	600	400	200	600	600	
Office Supplies	250	4	10	14	250	
Dues, Licenses & Subscriptions	175	175	-	175	175	
TOTAL ADMINISTRATIVE	$	138,352	$	90,536	$	46,275	$	136,811	$	148,009	

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

Operations & Maintenance						
Community Operations						
Security	$	51,364	$	19,563	$	12,437	$	32,000	$	41,000	
Electric	1,450	1,053	552	1,605	1,906	
Water & Sewer	38,000	23,349	15,700	39,049	40,000	
Landscape Maintenance	108,000	71,958	35,979	107,937	111,175	
Landscape Contingency	5,000	-	5,000	5,000	5,000	
Lake Maintenance	13,988	7,960	3,980	11,940	14,548	
Lake Contingency	2,140	-	2,140	2,140	2,140	
Irrigation Repairs	5,000	3,110	1,890	5,000	5,000	
Repairs and Maintenance	7,000	3,293	3,707	7,000	7,000	
Field Operations Management	-	-	-	-	15,000	
Total Community Operations	$	231,942	$	130,284	$	81,386	$	211,670	$	242,769	

Amenity Center						
Property/Amenity Manager	$	84,668	$	56,711	$	28,356	$	85,067	$	90,171	
Facility Maintenance (Preventative)	17,500	5,702	7,910	13,612	17,500	
Facility Attendant	7,632	464	7,168	7,632	8,548	
Property Insurance	32,690	26,291	-	26,291	26,291	
Phone/Internet/Cable	2,900	1,717	1,250	2,967	3,100	
Electric	14,000	9,758	5,100	14,858	15,920	
Water & Sewer	11,500	5,538	4,262	9,800	11,500	
Gas	1,575	871	529	1,400	1,575	
Refuse Service	6,646	4,465	2,216	6,681	6,800	
Access Cards	4,000	2,678	-	2,678	4,000	
Janitorial Services	14,625	9,750	4,875	14,625	15,503	
Janitorial Supplies	3,000	1,068	1,932	3,000	3,000	
Pool Maintenance	23,992	8,750	6,250	15,000	18,332	
Pool Permit	300	325	-	325	325	
Repairs & Maintenance	17,000	9,256	7,744	17,000	18,000	
Office Supplies	500	350	150	500	500	
Pest Control	800	1,070	188	1,258	975	
Special Events	3,000	4,109	-	4,109	4,000	
Fitness Center Repairs/Supplies	3,000	1,919	1,081	3,000	3,000	
Total Amenity Center	$	249,328	$	150,793	$	79,010	$	229,803	$	249,040	
						
TOTAL EXPENDITURES	$	619,621	$	371,614	$	206,671	$	578,285	$	639,819	

Other Sources/(Uses)						
Capital Reserve Transfer	$	(81,833)	$	-	(81,833)	(81,833)	$	(82,000)	
Transfer In/(Out)-2017B Close out	-	17,589	-	17,589	-	
TOTAL OTHER SOURCES/(USES)	$	(81,833)	$	17,589	$	(81,833)	$	(64,244)	$	(82,000)	
						
EXCESS REVENUES (EXPENDITURES)	$	-	$	341,313	$  (277,621)	$	63,692	$	-	

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.
Cost Share - Tynes Blvd
The District will enter into an Agreement with East/West Partners and future landowners to cover the proportionate share of irrigation services of Tynes Blvd.

Miscelllaneous Income
Any income received from HOA, Access Cards, and Rental.

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 12 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.
Annual Audit
The District is required to annually conduct an audit of its financial records by an Independent Certified Public Accounting Firm. The District has contracted with Berger, Toombs, Elam, Gaines & Frank for this service.
Trustee Fees
The District issued Series 2017A/B Special Assessment Revenue Bonds and Series 2019 Special Assessment Revenue Bonds that are deposited with a Trustee at US Bank. The amount of the trustee fees is based on the agreements between the Bank and the District.

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.
Arbitrage
The District is required to have an annual arbitrage rebate calculation on the District’s Series 2017A/B Special Assessment Revenue Bonds and the Series 2019A Special Assessment Revenue Bonds. The District has contracted with LLC Tax Solutions, Inc. for this service.
Engineering Fees
The District's engineer will be providing general engineering services to the District, e.g. attendance and preparation for monthly board meetings, review of invoices and requisitions, preparation and review of contract specifications and bid documents, and various projects assigned as directed by the Board of Supervisors and the District Manager.
Attorney
The District's legal counsel, Kutak Rock, LLP, will be providing general legal services to the District, e.g. attendance and preparation for monthly meetings, preparation and review of agreements and resolutions, and other research assigned as directed by the Board of Supervisors and the District Manager.
Assessment Roll Administration
GMS NF, LLC provides assessment services for closing lot sales, assessment roll services with the local Tax Collector and financial advisory services.
District Management Fees
The District receives Management, Accounting and Administrative services as part of a Management Agreement with Governmental Management Services-NF, LLC. The budgeted amount for the fiscal year is based on the contracted fees outlined in Exhibit "A" of the Management Agreement.

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 – NF, 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-NF, LLC and updated monthly.

Telephone
New internet and Wi-Fi service for Office.
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.
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.
Bank Fees and Other 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 – Operations

Security
The District has entered into an agreement with Security Development Group, LLC dba S3 Security for private onsite patrols. Services will include minimum 3 days of patrols of dedicated officers and additional days as requested by District and holiday rates for specific holidays outlined in the agreement. District will also pay an annual fee to FUSUS.

Electric
The District will open electric accounts to serve the common areas. The District currently has 3 accounts with Clay Electric Cooperative Inc.

Account #	Description	Monthly	Annually	
9054872	3599 Royal Pines Drive Irrigation	$63	$756	
9082351	705 Tynes Boulevard Irrigation	$45	$540	
9143346	3814 Royal Pines	$45	$540	
	Contingency		$70	
	Total		$1,906	

Expenditures – Operations (continued)

Water & Sewer
Represents costs for water services for areas within the District. The District currently has eleven accounts with Clay County Utility Authority.

Account #	Description	Monthly	Annually	
A00030732	3518 Royal Pines Drive Reclaimed Irrigation	$304	$3,648	
A00030937	3682 Royal Pines Drive Reclaimed Irrigation	$1,000	$12,000	
A00032752	3645 Royal Pines Drive Reclaimed Irrigation	$300	$3,600	
A00033750	875 Tynes Boulevard Reclaimed Irrigation	$500	$6,000	
A00033751	705 Tynes Boulevard Reclaimed Irrigation	$400	$4,800	
A00037105	3976 Heatherbrook Pl. Reclaimed Irrigation	$104	$1,248	
A00037106	4121 Heatherbrook Pl. Reclaimed Irrigation	$75	$900	
A00037677	3846 Sunberry Lane Reclaimed Irrigation	$88	$1,056	
A00040217	4173 Heatherbrook Place	$85	$1,020	
A00040871	1980 Amerly Drive	$140	$1,680	
A00040873	544 Tynes Boulevard	$75	$900	
	Contingency		$3,148	
	Total		$40,000	
Landscape Maintenance
The District has contracted with Verdego to furnish all supervision, labor, materials, equipment, and transportation required to maintain the landscape and irrigation system for the common area, Tynes area, Phase 1 pond banks, Phase 2 & 3 pond banks, pocket/common area, right-of-way and Amenity Center area of the District.
Description	Monthly	Annually	
Landscape Maintenance	$9,265	$111,175	
$111,175	
Landscape Contingency
Represents estimated costs for any additional landscape expenses not covered under the monthly landscape maintenance contract.

Lake Maintenance
The District has entered into an agreement with The Lake Doctors for the maintenance of five (5) ponds. Service will include 12 treatments/inspections.
Description		Monthly	Annually	
Lake Bank Maintenance - 5 Ponds	$1,025	$12,300	
Cost Share Agreement w/South Village CDD		$1,448	
Fountain Maintenance - Qtrly. $200		$800	
$14,548	
Lake Contingency
Represents estimated costs for grass carp stocking in lakes.

Irrigation Repairs
Represents estimated costs for any repairs and maintenance to irrigation system.

Repairs & Maintenance
Miscellaneous repairs and needed maintenance of the District common areas.

Field Operations Management
The District will contract with Governmental Management Services, Inc. for onsite field management of contracts for District Services such as landscaping, amenity & pool facilities, lake maintenance, etc.

Expenditures – Amenity Center

Property/Amenity Manager
Represents costs to contract onsite, full-time manager for the Amenity Center that will oversee maintenance contracts related to the Amenity Center, schedule and approve maintenance services, oversee facility attendant, administer access cards as well as monitor facility usage and enforce District policies. The District has contracted with Governmental Management Services for this service.
Facility Maintenance (Preventative)
Represents costs to contract onsite part-time maintenance technician that will provide scheduled services as directed by the Property/Amenity Manager. The District has contracted with Governmental Management Services for this service.
Facility Attendant
Represents costs to contract onsite, part-time facility attendant for the Amenity Center that will monitor facility usage, enforce District policies and any other tasks assigned by the Property/Amenity Manager. The District has contracted with Governmental Management Services for this service.

Property Insurance
Represents estimated costs for the annual coverage of property insurance. Coverage will be provided by Florida Insurance Alliance (FIA). FIA specializes in providing insurance coverage to governmental agencies.
Phone/Internet/Cable
Represents telephone, internet and cable services to the clubhouse. District currently has one account with AT&T for telephone and internet services.
Account #	Description	Monthly	Annually	
300208593	Internet/Telephone #904-203-7112
Contingency	$248	$2,976
$124	
	Total		$3,100	
Electric
Represents electric service the clubhouse. The District has one account with Clay Electric Cooperative Inc.

Account #	Description	Monthly	Annually	
9082120	3645 Royal Pines Drive Amenity Center	$1,220	$14,640	
	Contingency		$1,280	
	Total		$15,920	
Water/Irrigation
Represents water service to the clubhouse and pool. The District has two accounts with Clay County Utility Authority.

Account #	Description	Monthly	Annually	
574046	3645 Royal Pines Drive Pool	$350	$4,200	
574047	3645 Royal Pines Drive Clubhouse	$350	$4,200	
	Contingency		$3,100	
	Total		$11,500	
Gas
The District has contracted with Gas South f/k/a TECO Peoples Gas for gas service to the clubhouse.

Account #	Description	Monthly	Annually	
221007627575	3645 Royal Pines Drive Amenity Center
Contingency	$125	$1,500
$75	
	Total		$1,575	
Refuse Service
The District has contracted with Waste Management for monthly dumpster rental and removal.
Account #	Description	Monthly	Annually	
2-52706-92375	1090 Oakleaf Plantation Parkway
Contingency	$554	$6,646
$154	
	Total		$6,800	
Access Cards
Represents the estimated cost for access cards to the District’s Amenity Center.

Expenditures – Amenity Center (continued)

Janitorial Services
The District has contracted with Governmental Management Services for janitorial services for the Amenity Center.

Description	Monthly	Annually	
Janitorial Services	$1,292	$15,503	
$15,503	
Janitorial Supplies
Represents estimated costs for cleaning supplies for the janitorial staff.

Pool Maintenance
The District has entered into an agreement with Pinch a Penny -Oakleaf for the monthly service of the pool. Services include three (3) weekly visits to complete cleaning of pool, brushing of tile, walls, floor, skim and deep netting vacuum when needed. Will check all equipment and water levels.

Description	Monthly	Annually	
Pool Maintenance	$1,295	$15,540	
Contingency - Repairs		$2,792	
$18,332	
Pool Permit
Represents annual pool permit fees paid to Florida Department of Health in Clay County. This is the only expense under this line for the District.

Repairs & Maintenance
Cost of routine repairs and replacements of the District’s common areas and Amenity Center.

Office Supplies
Represents estimated cost of supplies for the Amenity Center.

Pest Control
The District has entered into an agreement with Arrow Exterminators Company d/b/a Nader’s Pest Raiders. for pest control services for the Amenity Center. Service will be performed once a month.
Description	Monthly	Annually	
Pest Control Services
Termite Bond Renewal	$50	$600
$375	
$975	
Special Events
Represents estimated costs for the District to host special events for the community throughout the Fiscal Year.
Fitness Center Repairs/Supplies
Represents any expense for Fitness center repairs for equipment and supplies.
Transfer Out – Capital Reserve
Represents amount per the Reserve Study to transfer to the Capital Reserve Fund.

Proposed Budget Capital Reserve Fund

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

REVENUES:									
Interest Income	$	1,200	$	2,497	$	1,000	$	3,497	$	1,200	
Insurance Proceeds Carry Forward Balance	- 96,594		6,116
-		-
-		6,116
-	
85,988	
TOTAL REVENUES	$	97,794	$	8,613	$	1,000	$	9,613	$	87,188	

EXPENDITURES:									
Capital Outlay	$	18,000	$	-	$	-	$	-	$	10,000	
Repair and Maintenance	-		4,945		-		4,945	9,091	
Contingency	600		350		164		514	600	
TOTAL EXPENDITURES	$	18,600	$	5,295	$	164	$	5,459	$	19,691	

Other Sources/(Uses)									
Capital Reserve Transfer	$	81,833	$	-	$	81,833	$	81,833	$	82,000	
TOTAL OTHER SOURCES/(USES)	$	81,833	$	-	$	81,833	$	81,833	$	82,000	
									
EXCESS REVENUES (EXPENDITURES)	$	161,027	$	3,319	$	82,669	$	85,988	$	149,497	

Proposed Budget
Debt Service Series 2017A/B Special Assessment Revenue Bonds

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

REVENUES:						
Special Assessments-On Roll	$	265,811	$	264,682  $	-	$	264,682	$	265,811	
Interest Earnings	20,700	13,377	9,000	22,377	19,000	
Carry Forward Surplus (1)	238,727	255,562	-	255,562	265,350	
TOTAL REVENUES	$	525,238	$	533,621	$	9,000	$	542,621	$	550,162	

EXPENDITURES:						
Series 2017A/B						
Interest - 11/01	$	90,741	$	90,741  $	-	$	90,741	$	88,941	
Principal - 11/01	80,000	80,000	-	80,000	85,000	
Interest - 05/01	88,941	88,941	-	88,941	87,028	
TOTAL EXPENDITURES	$	259,681	$	259,681	$	-  $	259,681	$	260,969	

Other Sources/(Uses)						
Interfund transfer In/(Out)	$	-	$	(17,589) $	-	$	(17,589)	$	-	
TOTAL OTHER SOURCES/(USES)	$	-	$	(17,589)  $	-  $	(17,589)	$	-	
						
EXCESS REVENUES (EXPENDITURES)	$	265,557	$	256,350	$	9,000	$	265,350	$	289,193	

(1) Carry Forward is Net of Reserve Requirement		
Interest Due 11/1/27	
$	87,028	
			Principal Due 11/1/27	90,000	
					 $	177,028 	

AMORTIZATION SCHEDULE
Debt Service Series 2017A/B Special Assessment Revenue Bonds

Period	Outstanding Balance	Coupons		Principal		Interest		Annual Debt Service	
									
11/01/26	3,520,000	4.500%		85,000		88,941		173,940.63	
05/01/27	3,435,000	4.500%		-		87,028			
11/01/27	3,435,000	4.500%		90,000		87,028		264,056.25	
05/01/28	3,345,000	4.500%		-		85,003			
11/01/28	3,345,000	4.500%		95,000		85,003		265,006.25	
05/01/29	3,250,000	5.000%		-		82,866			
11/01/29	3,250,000	5.000%		100,000		82,866		265,731.25	
05/01/30	3,150,000	5.000%		-		80,366			
11/01/30	3,150,000	5.000%		100,000		80,366		260,731.25	
05/01/31	3,050,000	5.000%		-		77,866			
11/01/31	3,050,000	5.000%		105,000		77,866		260,731.25	
05/01/32	2,945,000	5.000%		-		75,241			
11/01/32	2,945,000	5.000%		115,000		75,241		265,481.25	
05/01/33	2,830,000	5.000%		-		72,366			
11/01/33	2,830,000	5.000%		120,000		72,366		264,731.25	
05/01/34	2,710,000	5.000%		-		69,366			
11/01/34	2,710,000	5.000%		125,000		69,366		263,731.25	
05/01/35	2,585,000	5.125%		-		66,241			
11/01/35	2,585,000	5.125%		130,000		66,241		262,481.25	
05/01/36	2,455,000	5.125%		-		62,909			
11/01/36	2,455,000	5.125%		140,000		62,909		265,818.75	
05/01/37	2,315,000	5.125%		-		59,322			
11/01/37	2,315,000	5.125%		145,000		59,322		263,643.75	
05/01/38	2,170,000	5.125%		-		55,606			
11/01/38	2,170,000	5.125%		150,000		55,606		261,212.50	
05/01/39	2,020,000	5.125%		-		51,763			
11/01/39	2,020,000	5.125%		160,000		51,763		263,525.00	
05/01/40	1,860,000	5.125%		-		47,663			
11/01/40	1,860,000	5.125%		170,000		47,663		265,325.00	
05/01/41	1,690,000	5.125%		-		43,306			
11/01/41	1,690,000	5.125%		175,000		43,306		261,612.50	
05/01/42	1,515,000	5.125%		-		38,822			
11/01/42	1,515,000	5.125%		185,000		38,822		262,643.75	
05/01/43	1,330,000	5.125%		-		34,081			
11/01/43	1,330,000	5.125%		195,000		34,081		263,162.50	
05/01/44	1,135,000	5.125%		-		29,084			
11/01/44	1,135,000	5.125%		205,000		29,084		263,168.75	
05/01/45	930,000	5.125%		-		23,831			
11/01/45	930,000	5.125%		215,000		23,831		262,662.50	
05/01/46	715,000	5.125%		-		18,322			
11/01/46	715,000	5.125%		225,000		18,322		261,643.75	
05/01/47	490,000	5.125%		-		12,556			
11/01/47	490,000	5.125%		240,000		12,556		265,112.50	
05/01/48	250,000	5.125%		-		6,406			
11/01/48	250,000	5.125%		250,000		6,406		262,812.50	
Total			$	3,520,000	$	2,448,966	$	5,968,966	

Proposed Budget
Debt Service Series 2019A Special Assessment Revenue Bonds

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

REVENUES:							

Special Assessments-On Roll	
$	409,584	
$	407,844	
$	-	
$	407,844	
$	409,584	
Interest Earnings	20,700	13,919	6,200	20,119	18,000	
Carry Forward Surplus (1)	335,620	336,557	-	336,557	351,970	
TOTAL REVENUES	$	765,904	$	758,320	$	6,200	$	764,520	$	779,555	

EXPENDITURES:						
Series 2019A						
Interest - 11/01	$	127,638	$	127,638	$	-	$	127,638	$	124,825	
Principal - 11/01	150,000	150,000	-	150,000	155,000	
Special Call - 11/01	-	5,000	-	5,000	-	
Interest - 05/01	125,013	124,913	-	124,913	122,113	
Special Call - 5/01	-	5,000	-	5,000	-	
TOTAL EXPENDITURES	$	402,650	$	412,550	$	-	$	412,550	$	401,938	

Other Sources/(Uses)	

Interfund transfer In/(Out)	
$	-	
$	-	
$	-	
$	-	
$	-	
TOTAL OTHER SOURCES/(USES)	$	-	$	-	$	-	$	-	$	-	

EXCESS REVENUES (EXPENDITURES)	$	363,254   $	345,770   $	6,200  $	351,970   $	377,617

(1) Carry Forward is Net of Reserve Requirement

Interest Due 11/1/27 Principal Due 11/1/27

$	122,113
160,000

 $	282,113 

AMORTIZATION SCHEDULE
Debt Service Series 2019A Special Assessment Revenue Bonds

Period	Outstanding Balance	Coupons		Principal		Interest	Annual Debt Service	
								
11/01/26	6,345,000	3.500%		155,000		124,825	279,825.00	
05/01/27	6,190,000	3.500%		-		122,113		
11/01/27	6,190,000	3.500%		160,000		122,113	404,225.00	
05/01/28	6,030,000	3.500%		-		119,313		
11/01/28	6,030,000	3.500%		165,000		119,313	403,625.00	
05/01/29	5,865,000	3.500%		-		116,425		
11/01/29	5,865,000	3.500%		170,000		116,425	402,850.00	
05/01/30	5,695,000	3.500%		-		113,450		
11/01/30	5,695,000	3.500%		180,000		113,450	406,900.00	
05/01/31	5,515,000	4.000%		-		110,300		
11/01/31	5,515,000	4.000%		185,000		110,300	405,600.00	
05/01/32	5,330,000	4.000%		-		106,600		
11/01/32	5,330,000	4.000%		190,000		106,600	403,200.00	
05/01/33	5,140,000	4.000%		-		102,800		
11/01/33	5,140,000	4.000%		200,000		102,800	405,600.00	
05/01/34	4,940,000	4.000%		-		98,800		
11/01/34	4,940,000	4.000%		210,000		98,800	407,600.00	
05/01/35	4,730,000	4.000%		-		94,600		
11/01/35	4,730,000	4.000%		215,000		94,600	404,200.00	
05/01/36	4,515,000	4.000%		-		90,300		
11/01/36	4,515,000	4.000%		225,000		90,300	405,600.00	
05/01/37	4,290,000	4.000%		-		85,800		
11/01/37	4,290,000	4.000%		235,000		85,800	406,600.00	
05/01/38	4,055,000	4.000%		-		81,100		
11/01/38	4,055,000	4.000%		245,000		81,100	407,200.00	
05/01/39	3,810,000	4.000%		-		76,200		
11/01/39	3,810,000	4.000%		255,000		76,200	407,400.00	
05/01/40	3,555,000	4.000%		-		71,100		
11/01/40	3,555,000	4.000%		265,000		71,100	407,200.00	
05/01/41	3,290,000	4.000%		-		65,800		
11/01/41	3,290,000	4.000%		275,000		65,800	406,600.00	
05/01/42	3,015,000	4.000%		-		60,300		
11/01/42	3,015,000	4.000%		285,000		60,300	405,600.00	
05/01/43	2,730,000	4.000%		-		54,600		
11/01/43	2,730,000	4.000%		295,000		54,600	404,200.00	
05/01/44	2,435,000	4.000%		-		48,700		
11/01/44	2,435,000	4.000%		310,000		48,700	407,400.00	
05/01/45	2,125,000	4.000%		-		42,500		
11/01/45	2,125,000	4.000%		320,000		42,500	405,000.00	
05/01/46	1,805,000	4.000%		-		36,100		
11/01/46	1,805,000	4.000%		335,000		36,100	407,200.00	
05/01/47	1,470,000	4.000%		-		29,400		
11/01/47	1,470,000	4.000%		345,000		29,400	403,800.00	
05/01/48	1,125,000	4.000%		-		22,500		
11/01/48	1,125,000	4.000%		360,000		22,500	405,000.00	
05/01/49	765,000	4.000%		-		15,300		
11/01/49	765,000	4.000%		375,000		15,300	405,600.00	
05/01/50	390,000	4.000%		-		7,800		
11/01/50	390,000	4.000%		390,000		7,800	405,600.00	
Total			$	6,345,000	$	3,668,625	$  10,013,625	

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

Neighborhood	O&M Units	Bonds 2017
Units	Bonds 2019
Units	
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)	
							Series 2017	Series 2019	Series 2017	Series 2019		Series 2017	Series 2019	Series 2017	Series 2019		

43'	
136	
51	
84	
$1,507.47	
$1,507.47	
$0.00	
$1,122.85	
$1,352.85	
$1,122.85	
$1,352.85	
$0.00	
$2,630.32	
$2,860.32	
$2,630.32	
$2,860.32	
$0.00	
53'	220	73	147	$1,507.47	$1,507.47	$0.00	$1,386.23	$1,585.06	$1,386.23	$1,585.06	$0.00	$2,893.70	$3,092.53	$2,893.70	$3,092.53	$0.00	
63'	127	76	51	$1,507.47	$1,507.47	$0.00	$1,635.76	$1,746.76	$1,635.76	$1,746.76	$0.00	$3,143.23	$3,254.23	$3,143.23	$3,254.23	$0.00	
Total	483	200	282