Verano #3
Community Development District

Adopted Budget
FY 2026

Table of Contents

1-2

3-6

7-8

9-10

	General Fund

	Narratives

	Debt Service Fund Series 2021

	Debt Service Fund Series 2022

11		Assessment Schedules

Verano #3	
Community Development District	
Adopted Budget	
General Fund	
	Adopted
Budget	Actuals Thru	Projected Next	Projected Thru	Adopted
Budget	
Description	FY2025	7/31/25	2 Months	9/30/25	FY 2026	

REVENUES:

Special Assessments - Tax Roll	$	1,197,523	$	688,341	$	-	$	688,341	$  1,226,227	
Intergovernmental Transfer (1)	-	-	-	-	34,188	
Special Assessments - Estoppels	-	263,799	-	263,799	-	
Interest income	15,000	35,571	6,000	41,571	20,000	
Amenity Revenue	-	3,150	-	3,150	-	
Carry Forward Surplus	100,865	577,874	-	577,874	70,500	

TOTAL REVENUES	$ 1,313,388	$	1,568,735	$	6,000	$ 1,574,735	$ 1,350,915	

EXPENDITURES:

Administrative						
Annual Audit	$	6,500	$	6,600	$	-	$	6,600	$	6,700	
Arbitrage Rebate	1,100	1,100	-	1,100	1,100	
Dissemination Agent	5,250	4,375	875	5,250	5,513	
Trustee Fees	12,000	8,081	-	8,081	13,200	
Website Maintenance	788	657	131	788	827	
Insurance General Liability	5,500	5,351	-	5,351	5,886	
Other Current Charges	2,875	213	110	323	787	
Dues, Licenses & Subscriptions	175	175	-	175	175	

Total Administrative	$	34,188	$	26,552	$	1,116	$	27,668	$	34,188	

Operations & Maintenance

Common Area Maintenance						
Field Management	$	12,840	$	8,333	$	1,667	$	10,000	$	-	
Electric Utility Services	60,000	82,187	16,600	98,787	102,000	
Landscape Maintenance	320,928	267,438	53,488	320,926	320,928	
Plant Replacement	30,000	12,573	17,427	30,000	30,000	
Irrigation Repairs	15,000	-	15,000	15,000	15,000	
Irrigation Pump Maintenance	6,000	5,936	-	5,936	6,000	
Lake Midgets	10,200	-	10,200	10,200	10,200	
Pest Control & Fertilization	32,100	-	5,350	5,350	26,000	
Mulch	58,000	-	50,000	50,000	50,000	
Sidewalk/Road Repairs	25,000	4,597	20,403	25,000	25,000	
Entry & Walls Maintenance	10,000	9,006	-	9,006	10,000	
Contingency	30,032	-	-	-	25,000	
Holiday Decoration	-	2,200	-	2,200	2,200	
Capital Outlay	-	38,772	90,468	129,240	37,813	

Total Common Area Maintenance	$	610,100	$	431,042	$	280,602	$	711,644	$  660,141	

Verano #3	
Community Development District	
Adopted Budget	
General Fund	
	Adopted
Budget	Actuals Thru	Projected Next	Projected Thru	Adopted
Budget	
Description	FY2025	7/31/25	2 Months	9/30/25	FY 2026	

Amenity Center/Park Maintenance						
Clubhouse/Restroom Building Maintenance	$	15,000	$	386	$	2,500	$	2,886	$	10,000	
Common Area Maintenance	30,000	1,542	5,000	6,542	10,000	
A/C Maintenance	2,000	-	2,000	2,000	3,000	
Sidewalk/Parking lot repairs	15,000	1,659	13,341	15,000	15,000	
Amenity Management	75,000	16,667	3,333	20,000	70,000	
Lifestyle Management	25,000	32,572	18,845	51,417	31,417	
Security Service	-	-	-	-	34,944	
Property Insurance	30,000	53,446	-	53,446	60,000	
Pool Maintenance Contracts	28,200	23,500	4,700	28,200	28,200	
Pool Repairs	3,000	898	2,102	3,000	10,000	
Pool Permits	-	525	-	525	525	
Landscape/Irrigation Maintenance	99,800	66,500	13,300	79,800	99,800	
Mulch	11,800	-	11,800	11,800	20,000	
Plant Replacement	20,000	4,165	15,835	20,000	20,000	
Irrigation Repairs	12,500	-	12,500	12,500	12,500	
Pest Control & Fertilization	5,500	-	917	917	10,000	
Playground Maintenance (includes inspection)	2,500	-	2,500	2,500	5,000	
Water Utility Services	30,000	10,812	1,300	12,112	20,000	
Electrical Utility Services	75,000	10,478	2,400	12,878	18,000	
Janitorial Services/Supplies	99,200	66,380	12,820	79,200	99,200	
Telephone/Internet	6,000	-	-	-	-	
Access Control (gates)	3,600	6,389	1,611	8,000	8,000	
Security Cameras (monitoring)	25,000	4,566	765	5,331	15,000	
Trash Collection	5,000	2,179	436	2,615	5,000	
Special Events	-	-	-	-	6,000	
Contingency	-	-	-	-	25,000	
Capital Outlay	-	6,094		6,094	-	
Capital Improvements	-	-	-	-	20,000	
Total Amenity Center/Park Maintenance	$	619,100	$	308,758	$	128,005	$	436,763	$  656,586	
Capital Improvement						

Capital Improvements	$	50,000	$	-	$	50,000	$	50,000	$	-	

Total Capital Improvement	$	50,000	$	-	$	50,000	$	50,000	$	-	

Total Operating Expenditures	$ 1,279,200	$	739,799	$	458,608	$ 1,198,407	$ 1,316,727	

TOTAL EXPENDITURES	$ 1,313,388	$	766,351	$	459,724	$ 1,226,075	$ 1,350,915	

EXCESS REVENUES (EXPENDITURES)	$	-	$	802,384	$	(453,724)	$	348,660	$	-	
(1) Transfers from Verano #5

Product	Assessable Units	Total Gross Assessments	* Combined Rate- Per Unit
FY 2025	* Combined Rate- Per Unit
FY 2026	Increase / (Decrease)	
Apartments	318	$90,524.46	$284.65	$284.67	$0.00	
Casitas	158	$78,758.46	$474.72	$498.47	$23.75	
40' Single Family	247	$279,822.51	$1,078.90	$1,132.88	$53.98	
50' Single Family	371	$483,347.10	$1,240.74	$1,302.82	$62.08	
60' Single Family	40	$60,269.42	$1,434.94	$1,506.74	$71.80	
Villa/Townhome	528	$532,363.58	$960.22	$1,008.26	$48.04	
Total (Gross)	1662	$1,525,085.52			5%	
Total (Net)	$1,403,078.68
* These amounts are grossed up 8% to cover early payment discounts and County collection fees.

Verano #3	
Community Development District	
Budget Narrative	
FY 2026	

REVENUES	

Special Assessments - Tax Roll/ Intergovernmental Transfer	
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	

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.	
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.	
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.	
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.	
Other Current Charges	
This includes monthly bank charges and any other miscellaneous expenses that incur during the year.	
Due, Licenses & Subscriptions	
The District is required to pay an annual fee to the Florida Department of Commerce for $175.	

Expenditures – Field				
Electric Utility Services				
Electric service for the common are with FPL.				
Meter	Location	monthly	Total	
13111-49445	9706	SW	Libertas	Way	$800	$9,600	
10281-33500	12235 SW Roma Cir SL	$5,500	$66,000	
68982-83228	11451	SW	Roma	Way	$50	$600	
10935-34442	12455 SW Roma Cir-Fountain	$800	$9,600	
752190-8009	12171	SW	Roma	Way 		$1,350		$16,200	
	Total	$8,500	$102,000	

Verano #3	
Community Development District	
Budget Narrative	
FY 2026	

Expenditures – Field (continued)				
Landscape Maintenance				
The district will contract a landscaping company to maintain the districts common area. Includes wet check.	
Description	Vendor	monthly	Total	
Lawn maintenance	Florida Exotic Landscape	$14,544	$174,528	
Lawn maintenance CP G2	Florida Exotic Landscape	$12,200	$146,400	
	Total	$26,744	$320,928	
Plant Replacement			
Costs to replace plants throughout the district.			
Irrigation Repair			
Cost for maintaining the irrigation system.			
Irrigation Water Manager			
Cost to monitor the common area clocks.			
Irrigation Pump System maintenance			
The district contracted Hoover Pumping Systems to maintain the pump system.			
Lake Midgets			
The district will contract Solitude Lake Management for larvicide treatments.			
Pest Control & Fertilization			
The district will contract a company for pest control throughout the district’s common area.			
Mulch			
Cost for mulch throughout the district.			
Sidewalk/Road Repairs			
Cost to maintain and repair the common area roads.			
Entry & Walls Maintenance			
Costs to maintain walls of the district.			
Contingency			
Cost to cover anything unexpected repairs.			
Holiday Decoration			
Cost for Holiday decorations			
Capital Outlay			
Costs to maintain any capital improvements			

Expenditures- Amenity Center/Park Maintenance	
Clubhouse/Restroom Building Maintenance	
Cost to maintain the clubhouse/restroom building.	
Common Area Maintenance	
Cost to maintain common area.	
A/C Maintenance	
Cost to maintain the Air conditioning unit per contract.	
Sidewalk/Parking lot repairs	
Cost to repair sidewalk and parking lot	

Verano #3	
Community Development District	
Budget Narrative	
FY 2026	

Expenditures- Amenity Center/Park Maintenance (continued)	
Amenity Management				
District contracted Community Association CALM, LLC to oversee the amenity overall activities, oversee, interact performance, prepare scopes of work, evaluate vendors, review scope of services, review and inspect the common area, interact with residents and builders, issue amenity access cards and coordinate events reservations.	
Description	Vendor	monthly	Total	
Amenity personal for 28 hours 3	CALM II LLC	$5,833	$70,000	
Lifestyle Management				
District contracted FirstService Residential Florida, Inc with a Lifestyle Coordinator.	
Description	Vendor	monthly	Total	
Lifestyle Coordinator	FirstService Residential	$2,618	$31,417	
Security Service				
The District will contract with a security company to monitor the amenity area.	
Description	Vendor	monthly	Total	
3 Days 8 hours a week	TBD	$2,912	$34,944	
Property Insurance				
Insurance for Amenity/restroom/pavilion buildings				
Pool Maintenance Contracts				
Cost to maintain the pool per contract.				
Description	Vendor	monthly	Total	
Pool maintenance	Sandy Gordon	$2,350	$28,200	
Pool Repairs				
Cost to repairs and maintenance of amenity pool.				
Pool Permits				
Two Pool permit fees.				
Landscape/Irrigation Maintenance				
The District has a contract with Florida Exotic Landscaping to maintain the Central Park area within the district.	
Turf maintenance 40 cuts per year				
Shrubbery/plant and tree trimming included - pinning and thinning 12 times per year	
Shrubs will be trimmed				
Beds raked and weeded 12 times per year				
Hedges height feet and higher will be maintained				
Small trees up to 10ft will be trimmed and shaped				
Fertilization of shrubs and palms included				
Turf grass will be fertilized				
Sidewalks, roads, curbs and patios will be blown clean				
St. Augustine, Bahia will be fertilized 4 times per year				
Shrubs and ground cover will be fertilized 4 times a year	
Ornamental and shade tree will be fertilized				
Insect and weed control bi weekly included				
Annual and mulching not included				
Irrigation inspection of sprinkler system included (labor for repairs and material not included)	
Description	Vendor	monthly	Total	
Lawn maintenance	Florida Exotic Landscape	$6,650	$79,800	
Contingency	Florida Exotic Landscape			$20,000	
	Total		$99,800	

Verano #3	
Community Development District	
Budget Narrative	
FY 2026	

Expenditures- Amenity Center/Park Maintenance (continued)	
Mulch				
Cost for mulch throughout the district.				
Plant Replacement				
Cost to replace plants/tress throughout the district.				
Irrigation Repairs				
Cost to repair irrigation throughout the district.				
Pest Control & Fertilization				
Cost for pest control and fertilization.				
Playground Maintenance				
Cost to maintain and repair the playground and annual inspection.	
Water Utility Services				
Water utility service for the clubhouse with City of Port St Lucie.				
Meter	Location	monthly	Total	
1578619254	12552 SW Roma Cir - Fountain	$67	$800	
1577507026	12600	SW	Roma	Circle	$600	$7,200	
1578619276	12601 SW Roma Circle Pool			$1,000		$12,000	
	Total	$1,667	$20,000	
Electrical Utility Service				
Electric service for the clubhouse with FPL.				
Meter	Location	monthly	Total	
88303-66467	12600	SW	Roma	Circle	$1,500	$18,000	
Janitorial Services/Supplies				
Maintain the general appearance of all indoor spaces at all times: Facilitate emergency maintenance, vacuum carpet, dust mop, clean window and bathrooms, bathrooms includes all necessities. Cleaning supplies and chemicals are not included.	
Description	Vendor	monthly	Total	
Housekeeping 5 days a week	GMS	$8,267	$99,200	
Access Control				
Cost to have access control system service for the clubhouse.				
Description	Vendor	monthly	Total	
Access to amenity	Cell Gate	$250	$3,000	
Fobs	Ramco Protective			$5,000	
	Total		$8,000	
Security Cameras monitoring				
Cost for monitoring the clubhouse.				
Description	Vendor	monthly	Total	
Video Monitoring voice down speaker	SafeTouch	$500	$6,000	
Additional cameras	SafeTouch			$9,000	
	Total		$15,000	
Trash Collection				
Cost to remove trash at clubhouse and pavilion.				
Description	Vendor	monthly	Total	
Trash collection	FCC	$417	$5,000	
Special Event				
Lifestyle event costs.				
Contingency				
Costs that have not been covered above				
Capital Improvements				
Cost for capital improvements for the Amenity.				

Verano #3	
Community Development District	
Adopted Budget	
Debt Service Series 2021 Special Assessment Bonds	

Adopted	Actuals Thru	Projected Next	Projected Thru	Adopted	
Description	FY2025	7/31/25	2 Months	9/30/25	FY 2026	

REVENUES:

Special Assessments - Tax Roll	$	538,231	$	543,933	$	-	$	543,933	$	538,231	
Interest Income	10,000	20,867	1,133	22,000	10,000	
Carry Forward Balance (1)	195,169	200,324	-	200,324	214,666	

TOTAL REVENUES	$	743,400	$	765,123	$	1,133	$	766,257	$	762,896	

EXPENDITURES:

Interest - 11/01	$	162,869	$	162,869	$	-	$	162,869	$	160,316	
Interest - 05/01	162,869	162,869	-	162,869	160,316	
Principal - 05/01	215,000	215,000	-	215,000	220,000	

TOTAL EXPENDITURES	$	540,738	$	540,738	$	-	$	540,738	$	540,631	

Other Sources/(Uses)

Transfer in/(Out)	$	(8,000)	$	(9,854)	$	(1,000)	$	(10,854)	$	(8,000)	

TOTAL OTHER SOURCES/(USES)	$	(8,000)	$	(9,854)	$	(1,000)	$	(10,854)	$	(8,000)	

TOTAL EXPENDITURES	$	548,738	$	550,591	$	1,000	$	551,591	$	548,631	

EXCESS REVENUES (EXPENDITURES)	$	194,663	$	214,532	$	133	$	214,666	$	214,265	

Interest - 11/1/26	$	157,703	

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

Product	Assessable
Unitss	Total
Assessments	* Gross per
Unit FY2025	* Gross per
Unit FY2026	Increase /
(Decrease)	
Phase 1						
Pod 1 - 50' Lots	139	$196,387.36	1,412.86	$1,412.86	$0.00	
Pod 4 - 40' Lots	122	$159,110.54	1,304.18	$1,304.18	$0.00	
Pod 4 - 50' Lots	2	$2,825.72	1,412.86	$1,412.86	$0.00	
Pod 5 - 40' Lots	23	$32,495.75	1,412.86	$1,412.86	$0.00	
Pod 5 - 50' Lots	63	$89,010.10	1,412.86	$1,412.86	$0.00	
Pod 5 - Park Lots 60'	40	$65,209.13	1,630.23	$1,630.23	$0.00	
Pod 5 - Villas	46	$39,995.00	869.46	$869.46	$0.00	
Total (Gross)	435	$ 585,033.60	
Total (Net)		 $ 538,230.91 				

* These amounts are grossed up 8% to cover early payment discounts and County collection fees.

Verano #3	
Community Development District	
AMORTIZATION SCHEDULE	
Debt Service Series 2021 Special Assessment Bonds	

Period	Outstanding Balance	Coupons	Principal	Interest	Annual Debt Service	

11/01/24	$	9,095,000	2.375%	$	-	$	162,869	$	162,869	
05/01/25	9,095,000	2.375%	215,000	162,869		
11/01/25	8,880,000	2.375%	-	160,316	538,184	
05/01/26	8,880,000	2.375%	220,000	160,316		
11/01/26	8,660,000	2.375%	-	157,703	538,019	
05/01/27	8,660,000	3.000%	225,000	157,703		
11/01/27	8,435,000	3.000%	-	154,328	537,031	
05/01/28	8,435,000	3.000%	230,000	154,328		
11/01/28	8,205,000	3.000%	-	150,878	535,206	
05/01/29	8,205,000	3.000%	240,000	150,878		
11/01/29	7,965,000	3.000%	-	147,278	538,156	
05/01/30	7,965,000	3.000%	245,000	147,278		
11/01/30	7,720,000	3.000%	-	143,603	535,881	
05/01/31	7,720,000	3.000%	250,000	143,603		
11/01/31	7,470,000	3.000%	-	139,853	533,456	
05/01/32	7,470,000	3.375%	260,000	139,853		
11/01/32	7,210,000	3.375%	-	135,466	535,319	
05/01/33	7,210,000	3.375%	270,000	135,466		
11/01/33	6,940,000	3.375%	-	130,909	536,375	
05/01/34	6,940,000	3.375%	280,000	130,909		
11/01/34	6,660,000	3.375%	-	126,184	537,094	
05/01/35	6,660,000	3.375%	290,000	126,184		
11/01/35	6,370,000	3.375%	-	121,291	537,475	
05/01/36	6,370,000	3.375%	300,000	121,291		
11/01/36	6,070,000	3.375%	-	116,228	537,519	
05/01/37	6,070,000	3.375%	310,000	116,228		
11/01/37	5,760,000	3.375%	-	110,997	537,225	
05/01/38	5,760,000	3.375%	320,000	110,997		
11/01/38	5,440,000	3.375%	-	105,597	536,594	
05/01/39	5,440,000	3.375%	330,000	105,597		
11/01/39	5,110,000	3.375%	-	100,028	535,625	
05/01/40	5,110,000	3.375%	340,000	100,028		
11/01/40	4,770,000	3.375%	-	94,291	534,319	
05/01/41	4,770,000	3.375%	355,000	94,291		
11/01/41	4,415,000	3.375%	-	88,300	537,591	
05/01/42	4,415,000	4.000%	365,000	88,300		
11/01/42	4,050,000	4.000%	-	81,000	534,300	
05/01/43	4,050,000	4.000%	380,000	81,000		
11/01/43	3,670,000	4.000%	-	73,400	534,400	
05/01/44	3,670,000	4.000%	395,000	73,400		
11/01/44	3,275,000	4.000%	-	65,500	533,900	
05/01/45	3,275,000	4.000%	415,000	65,500		
11/01/45	2,860,000	4.000%	-	57,200	537,700	
05/01/46	2,860,000	4.000%	430,000	57,200		
11/01/46	2,430,000	4.000%	-	48,600	535,800	
05/01/47	2,430,000	4.000%	450,000	48,600		
11/01/47	1,980,000	4.000%	-	39,600	538,200	
05/01/48	1,980,000	4.000%	465,000	39,600		
11/01/48	1,515,000	4.000%	-	30,300	534,900	
05/01/49	1,515,000	4.000%	485,000	30,300		
11/01/49	1,030,000	4.000%	-	20,600	535,900	
05/01/50	1,030,000	4.000%	505,000	20,600		
11/01/50	525,000	4.000%	-	10,500	536,100	
05/01/51	525,000	4.000%	525,000	10,500	535,500	

Total	$	9,095,000	$	5,545,638	$	14,640,638	

Verano #3	
Community Development District	
Adopted Budget	
Debt Service Series 2022 Special Assessment Bonds	

Adopted	Actuals Thru	Projected Next	Projected Thru	Adopted	
Description	FY2025	7/31/25	2 Months	9/30/25	FY 2026	

REVENUES:

Special Assessments - Tax Roll	$	432,064	$	399,745	$	-	$	399,745	$	695,100	
Special Assessments - Estoppels	262,836	220,349	77,251	297,601	-	
Interest Income	20,000	39,956	5,044	45,000	40,000	
Carry Forward Balance	424,594	435,640	-	435,640	459,348	

TOTAL REVENUES	$  1,139,494	$  1,095,690	$	82,295	$  1,177,986	$  1,194,448	

EXPENDITURES:

Interest - 11/01	$	288,568	$	288,568	$	-	$	288,568	$	285,190	
Principal - 11/01	115,000	115,000	-	115,000	120,000	
Interest - 05/01	285,190	285,190	-	285,190	281,665	

TOTAL EXPENDITURES	$	688,758	$	688,758	$	-	$	688,758	$	686,855	

Other Sources/(Uses)

Transfer in/(Out)	$	(20,000)	$	(25,480)	$	(4,400)	$	(29,880)	$	(26,400)	

TOTAL OTHER SOURCES/(USES)	$	(20,000)	$	(25,480)	$	(4,400)	$	(29,880)	$	(26,400)	

TOTAL EXPENDITURES	$	708,758	$	714,238	$	4,400	$	718,638	$	713,255	

EXCESS REVENUES (EXPENDITURES)	$	430,735	$	381,453	$	77,895	$	459,348	$	481,193	

Principal - 11/1/26	$	130,000	
Interest - 11/1/26		281,665 	
Total	 $	411,665 	

Product	Assessable Unitss	Total Assessments	* Gross per Unit FY2025	* Gross per Unit FY2026	Increase / (Decrease)	
Phase 2						
Pod 6 - 50's	82	$115,869.57	$1,413.04	$1,413.04	$0.00	
Pod 7 - Townhomes	206	$223,913.04	$1,086.96	$1,086.96	$0.00	
Pod 7 - 40's	102	$133,043.48	$1,304.35	$1,304.35	$0.00	
Pod 7 - 50's	85	$120,108.70	$1,413.04	$1,413.04	$0.00	
Pod 7 - Villas	56	$66,956.52	$1,195.65	$1,195.65	$0.00	
South Parcel - Townh	220	$95,652.17	$434.78	$434.78	$0.00	
Total (Gross)	751	$ 755,543.48	
Total (Net)		 $ 695,100.00 				

* These amounts are grossed up 8% to cover early payment discounts and County collection fees.

Verano #3	
Community Development District	
AMORTIZATION SCHEDULE	
Debt Service Series 2022 Special Assessment Bonds	

Period	Outstanding Balance	Coupons	Principal	Interest	Annual Debt Service	

11/01/24	$	8,885,000	5.875%	$	115,000	$	288,568	$	403,568	
05/01/25	8,770,000	5.875%	-	285,190		
11/01/25	8,770,000	5.875%	120,000	285,190	690,380	
05/01/26	8,650,000	5.875%	-	281,665		
11/01/26	8,650,000	5.875%	130,000	281,665	693,330	
05/01/27	8,520,000	5.875%	-	277,846		
11/01/27	8,520,000	5.875%	135,000	277,846	690,693	
05/01/28	8,385,000	5.875%	-	273,881		
11/01/28	8,385,000	5.875%	145,000	273,881	692,761	
05/01/29	8,240,000	5.875%	-	269,621		
11/01/29	8,240,000	5.875%	155,000	269,621	694,243	
05/01/30	8,085,000	6.450%	-	265,068		
11/01/30	8,085,000	6.450%	160,000	265,068	690,136	
05/01/31	7,925,000	6.450%	-	259,908		
11/01/31	7,925,000	6.450%	170,000	259,908	689,816	
05/01/32	7,755,000	6.450%	-	254,426		
11/01/32	7,755,000	6.450%	185,000	254,426	693,851	
05/01/33	7,570,000	6.450%	-	248,459		
11/01/33	7,570,000	6.450%	195,000	248,459	691,919	
05/01/34	7,375,000	6.450%	-	242,171		
11/01/34	7,375,000	6.450%	210,000	242,171	694,341	
05/01/35	7,165,000	6.450%	-	235,398		
11/01/35	7,165,000	6.450%	220,000	235,398	690,796	
05/01/36	6,945,000	6.450%	-	228,303		
11/01/36	6,945,000	6.450%	235,000	228,303	691,606	
05/01/37	6,710,000	6.450%	-	220,724		
11/01/37	6,710,000	6.450%	250,000	220,724	691,449	
05/01/38	6,460,000	6.450%	-	212,662		
11/01/38	6,460,000	6.450%	265,000	212,662	690,324	
05/01/39	6,195,000	6.450%	-	204,116		
11/01/39	6,195,000	6.450%	285,000	204,116	693,231	
05/01/40	5,910,000	6.450%	-	194,924		
11/01/40	5,910,000	6.450%	300,000	194,924	689,849	
05/01/41	5,610,000	6.450%	-	185,249		
11/01/41	5,610,000	6.450%	320,000	185,249	690,499	
05/01/42	5,290,000	6.450%	-	174,929		
11/01/42	5,290,000	6.450%	345,000	174,929	694,859	
05/01/43	4,945,000	6.625%	-	163,803		
11/01/43	4,945,000	6.625%	365,000	163,803	692,606	
05/01/44	4,580,000	6.625%	-	151,713		
11/01/44	4,580,000	6.625%	390,000	151,713	693,425	
05/01/45	4,190,000	6.625%	-	138,794		
11/01/45	4,190,000	6.625%	415,000	138,794	692,588	
05/01/46	3,775,000	6.625%	-	125,047		
11/01/46	3,775,000	6.625%	440,000	125,047	690,094	
05/01/47	3,335,000	6.625%	-	110,472		
11/01/47	3,335,000	6.625%	470,000	110,472	690,944	
05/01/48	2,865,000	6.625%	-	94,903		
11/01/48	2,865,000	6.625%	500,000	94,903	689,806	
05/01/49	2,365,000	6.625%	-	78,341		
11/01/49	2,365,000	6.625%	535,000	78,341	691,681	
05/01/50	1,830,000	6.625%	-	60,619		
11/01/50	1,830,000	6.625%	570,000	60,619	691,238	
05/01/51	1,260,000	6.625%	-	41,738		
11/01/51	1,260,000	6.625%	610,000	41,738	693,475	
05/01/52	650,000	6.625%	-	21,531		
11/01/52	650,000	6.625%	650,000	21,531	693,063	

Total	$	8,885,000	$	10,891,569	$	19,776,569	

Verano #3	
Community Development District	
Non-Ad Valorem Assessments Comparison	
2025-2026	

Neighborhood	O&M Units	Bonds Units	Bonds Units	
Annual Maintenance Assessments	
Annual Debt Assessments	
Total Assessed Per Unit		
	
FY 2026	
FY2025	Increase/ (decrease)	
FY 2026	
FY2025	
FY 2026	
FY2025	Increase/ (decrease)	
	O&M	Series 2021	Series 2022	O&M	O&M	O&M	Series 2021	Series 2022	Series 2021	Series 2022	Series 2021	Series 2022	Series 2021	Series 2022	Total	
ON ROLL																	
Apartments																	
Pod 2	318	0	0	$284.67	$284.65	$0.00	$0.00	$0.00	$0.00	$0.00	$284.67	$284.67	$284.65	$284.65	$0.00	0.00%	
Casitas																	
Pod 3	158	0	0	$498.47	$474.72	$23.75	$0.00	$0.00	$0.00	$0.00	$498.47	$498.47	$474.72	$474.72	$23.75	5.00%	
40' Single Family																	
Pod 4	122	122	0	$1,132.88	$1,078.90	$53.98	$1,304.18	$0.00	$1,304.18	$0.00	$2,437.06	$1,132.88	$2,383.08	$1,078.90	$53.98	5.00%	
Pod 5	23	23	0	$1,132.88	$1,078.90	$53.98	$1,412.86	$0.00	$1,304.18	$0.00	$2,545.74	$1,132.88	$2,383.08	$1,078.90	$53.98	5.00%	
Pod 7	102	0	102	$1,132.88	$1,078.90	$53.98	$0.00	$1,304.35	$0.00	$1,304.35	$1,132.88	$2,437.23	$1,078.90	$2,383.25	$53.98	5.00%	
50' Single Family																	
Pod 1	139	139	0	$1,302.82	$1,240.74	$62.08	$1,412.86	$0.00	$1,412.86	$0.00	$2,715.68	$1,302.82	$2,653.60	$1,240.74	$62.08	5.00%	
Pod 4	2	2	0	$1,302.82	$1,240.74	$62.08	$1,412.86	$0.00	$1,412.86	$0.00	$2,715.68	$1,302.82	$2,653.60	$1,240.74	$62.08	5.00%	
Pod 5	63	63	0	$1,302.82	$1,240.74	$62.08	$1,412.86	$0.00	$1,412.86	$0.00	$2,715.68	$1,302.82	$2,653.60	$1,240.74	$62.08	5.00%	
Pod 6	82	0	82	$1,302.82	$1,240.74	$62.08	$0.00	$1,413.04	$0.00	$1,413.04	$1,302.82	$2,715.86	$1,240.74	$2,653.78	$62.08	5.00%	
Pod 7	85	0	85	$1,302.82	$1,240.74	$62.08	$0.00	$1,413.04	$0.00	$1,413.04	$1,302.82	$2,715.86	$1,240.74	$2,653.78	$62.08	5.00%	
60' Single Family																	
Pod 5	40	40	0	$1,506.74	$1,434.94	$71.80	$1,630.23	$0.00	$1,630.23	$0.00	$3,136.97	$1,506.74	$3,065.17	$1,434.94	$71.80	5.00%	
Villa/Townhome																	
Pod 5	46	46	0	$1,008.26	$960.22	$48.04	$869.46	$0.00	$869.46	$0.00	$1,877.72	$1,008.26	$1,829.68	$960.22	$48.04	5.00%	
Pod 7	56	0	56	$1,008.26	$960.22	$48.04	$0.00	$1,195.65	$0.00	$1,195.65	$1,008.26	$2,203.91	$960.22	$2,155.87	$48.04	5.00%	
Townhome South Parce	220	0	220	$1,008.26	$960.22	$48.04	$0.00	$434.78	$0.00	$434.78	$1,008.26	$1,443.04	$960.22	$1,395.00	$48.04	5.00%	
Townhome 20'	206	0	206	$1,008.26	$960.22	$48.04	$0.00	$1,086.96	$0.00	$1,086.96	$1,008.26	$2,095.22	$960.22	$2,047.18	$48.04	5.00%	
Total	1662	435	751													

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