Verano #2
Community Development District

Adopted Budget
FY 2026

	Table of Contents	

1-2	
General Fund	

3-6	
Narratives	

7-10	
Debt Service Fund Series 2017	

11-14	
Debt Service Fund Series 2020	

15-18	
Debt Service Fund Series 2024	

19	
Assessment Schedule	

Verano #2	
Community Development District	
Adopted Budget	
General Fund	

REVENUES:

Special Assessments - Tax Roll	456,275	457,745	-	457,745	406,102	
Intergovernmental Transfer (1)	-	-	-	-	60,465	
Special Assessments - Tax Roll Delinquent	-	440	-	440	-	
Interest Income	10,000	28,195	4,000	32,195	15,000	
Carry Forward Surplus	-	-	-	-	-	

TOTAL REVENUES	$	466,275	$	486,380	$	4,000	$	490,380	$	481,566	

EXPENDITURES:

Administrative:						
Supervisor Fees	$	4,800	$	1,400	$	1,600	$	3,000	$	6,000	
FICA Taxes	367	107	122	230	459	
Annual Audit	4,300	6,300	-	6,300	6,400	
Arbitrage Rebate	3,850	3,700	-	3,700	4,400	
Dissemination Agent	2,625	2,188	438	2,625	2,625	
Trustee Fees	24,650	23,328	-	23,328	30,150	
Website Maintenance	788	657	131	788	788	
Insurance General Liability	7,421	7,660	-	7,660	8,268	
Other Current Charges	1,197	1,028	200	1,228	1,200	
Dues, Licenses & Subscriptions	175	175	-	175	175	

TOTAL ADMINISTRATIVE (1)	$	50,173	$	46,542	$	2,491	$	49,032	$	60,465	

Operations & Maintenance

Field Maintenance - Pod C CrossTown						
Field Management	$	6,300	$	5,000	$	1,000	$	6,000	$	6,300	
Electric Utility Services	17,600	12,235	2,600	14,835	17,600	
Electric Utility Services- Streetlights	24,200	21,230	4,280	25,510	26,400	
Irrigation Utility Services	3,000	-	-	-	3,000	
Midge Control	4,000	-	4,000	4,000	4,000	
Landscape Maintenance	84,765	75,127	12,242	87,369	73,458	
Mulch	15,000	7,410	7,590	15,000	15,000	
Pest Control	1,800	-	300	300	1,800	
Entry & Walls Maintenance	4,000	-	4,000	4,000	4,000	
Plant Replacement	12,000	8,936	3,064	12,000	12,000	
Irrigation Maintenance	10,800	532	10,268	10,800	10,800	
Irrigation Water Monitoring	1,200	-	-	-	1,200	
Pump System Maintenance	6,000	5,373	-	5,373	6,000	
Trash Collection	840	655	132	787	840	
Street Sweeping	1,677	-	-	-	1,677	
Roadways Repairs & Maintenance	10,000	-	10,000	10,000	10,000	
Streetsigns Maintenance	10,000	-	10,000	10,000	10,000	
Pressure Cleaning	5,000	-	5,000	5,000	5,000	
Contingency	5,000	-	12,207	12,207	19,107	

TOTAL FIELD MAINTENANCE POD C CT	$	223,182	$	136,499	$	86,683	$	223,182	$	228,182	

Verano #2	
Community Development District	
Adopted Budget	
General Fund	

Amenity Center Maintenance						
Amenity Center Management	$	6,300	$	5,000	$	1,000	$	6,000	$	6,300	
Clubhouse Maintenance	40,000	-	6,667	6,667	40,000	
Access Control	2,000	1,015	381	1,396	2,000	
Security	-	2,376	5,000	7,376	-	
Telephone/Internet	840	669	134	803	840	
Electric Utility Services	7,200	5,751	1,200	6,951	7,200	
Water Utility Services	3,000	2,128	1,000	3,128	1,800	
Property Insurance	13,828	11,827	-	11,827	13,589	
Pool Repairs and Maintenance	51,600	19,760	3,600	23,360	51,600	
Landscape Maintenance	19,930	17,525	3,658	21,183	21,942	
Mulch	5,000	-	5,000	5,000	5,000	
Pest Control	1,800	-	300	300	1,800	
Janitorial Services/Supplies	32,300	22,282	25,200	47,482	32,300	
A/C Maintenance	1,226	-	1,226	1,226	1,226	
Trash Collection	1,000	-	1,000	1,000	1,000	
Pressure Cleaning	5,000	-	5,000	5,000	5,000	
Contingency	1,896	325	69,142	69,467	1,323	

TOTAL AMENTIY CENTER MAINTENANCE	$	192,920	$	88,659	$	129,507	$	218,167	$	192,920	

TOTAL OPERATING EXPENDITURES	$	416,102	$	225,158	$	216,190	$	441,348	$	421,102	

TOTAL EXPENDITURES	$	466,275	$	271,699	$	218,681	$	490,381	$	481,567	

EXCESS REVENUES (EXPENDITURES)	$	-	$	214,681	$	(214,681)	$	-	$	-	
(1) Transfers from Verano #5					
		Gross Assessments		$	782,953	
		Less: Discounts & Collections 8%			62,636 	
		Net Assessments (collected in Verano #5)	 $	720,317 	
		Net Assessments (1)		 $	406,102 	

Product	Assessable Units	Total Gross Assessment	FY25
Gross Per Unit	FY26
Gross Per Unit	Increase/ (Decrease)	
40's	449	$	61,378.30	$	136.70	$	136.70	$	-	
40's with Pod C	205	$  238,956.18	$	1,165.64	$	1,165.64	$	-	
50's	729	$  114,606.09	$	157.21	$	157.21	$	-	
50's with Pod C	224	$  265,697.58	$	1,186.15	$	1,186.15	$	-	
60's	456	$	82,905.36	$	181.81	$	181.81	$	-	
70's	75	$	14,712.75	$	196.17	$	196.17	$	-	
80's	20	$	4,210.40	$	210.52	$	210.52	$	-	
Manor/Duplex	4	$	486.64	$	121.66	$	121.66	$	-	
Total	2162	$  782,953.30				

REVENUES	

Special Assessments-Tax Roll / Intergovernmental Transfer	
The District will levy a non-ad valorem maintenance assessment on the developable property within the District to fund the operating budget. The assessments are collected in Verano#5 and transferred to Verano # 2.	
Interest Income	
The District earns interest on the monthly average collected balance of 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 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.	
Arbitrage Rebate	
The District has contracted with its independent auditors to annually calculate the arbitrage rebate liability on its bonds.	
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 issued this Series of 2017, 2020 and 2024 Special Assessment Bonds that are deposited with a Trustee to handle all trustee matters.	
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	
Bank charges and any other miscellaneous expenses that incurred 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				
Field Management				
The district has contracted Lang Management to manage to manage the common area. The responsibilities include reviewing contracts and other maintenance related items.	
Description	Vendor	Monthly	Total	
Field management	Lang Management	525	6,300	
Property Insurance				
The District will bind infrastructure property Liability Insurance with Florida Insurance Alliance, an agency that specializes in	
Electric Utility Services				
The District pays FPL for entry wall and irrigation pumps.	
Meter	Location	Monthly	Total	
75112-83090	10837 SW Crosstown Pkwy	37	440	
98007-73096	9250 SW Novella Way # IRR	700	8,400	
68190-40129	9351 SW Ligoria Way	730	8,760	
	Total	1,467	17,600	
Electric Utility Services-Streetlights				
The District pays FPL for the streetlights.				
Meter	Location	Monthly	Total	
34396-13047	Crosstown Pkwy # Area LED	2,200	26,400	
Irrigation Utility Services				
Water usage for irrigation				
Midge Control				
Costs for midge control of district’s lakes.				
Landscape Maintenance				
The district contracted Impact Florida Exotic Landscape to service the common area. Mulch will be a separate cost.	
Description	Vendor	Monthly	Total	
Lawn maintenance	Florida Exotic Landscape	6,122	73,458	
Mulch				
The district contracted Florida Exotic Landscape to maintain the mulch throughout the district.	
Pest Control				
The district will contract a company to service IPM, fertilization scrubs and trees and fire ants.	
Entry & Walls Maintenance				
Costs to maintain walls of the district.				
Plant Replacement				
Costs to replace plants of the common area Cross Town.	
Irrigation Maintenance				
Impact Landscaping is maintaining the irrigation system.	
Irrigation Water Monitoring				
Cost to monitor the common area clocks.				
Pump System maintenance				
The district has an agreement with Hoover to maintain the pump system.	
Trash Collection				
FCC service trash collection throughout district.	
Account	Location	Monthly	Total	
PSL2612	9351 SW Ligorio Way	70	840	

Expenditures - Field (Continued)	
Street Sweeping	
The district contracted Facilities Pro Sweep to sweep the road in Cross Town.	
Roadways Repairs & Maintenance	
Cost to maintain and repair the common area roads.	
Pressure Cleaning	
Cost to pressure clean infrastructure of common area.	
Contingency	
To cover any other costs not mentioned.	

Expenditures - Amenity				
Amenity Center Management				
The district has contracted Community Association Lifestyle LLC, to manage the Amenity Center. The responsibilities include reviewing contracts and other maintenance related items.	
Description	Vendor	Monthly	Total	
Amenity managemen	CALM II	525	6,300	
Clubhouse Maintenance				
The district has contracted CALM II, LLC, to manage the Clubhouse repair and maintenance.	
Access Control				
The district will contract EverOn LLC, for access control service.	
Description	Vendor	Monthly/ Quarterly	Total	
Access monitor	EverOn LLC	37	442	
Monitor	EverOn LLC	238	951	
Contingency	EverOn LLC		607	
	Total		
2,000	
Telephone/Internet				
Blue Stream service for phone and internet at the Amenity Center.	
Description	Vendor	Monthly	Total	
Internet	BlueStream	70	840	
Electric Utility Services				
Costs for electric for Amenity Center and surrounding.	
Meter	Location	Monthly	Total	
68190-40129	9351 SW Ligoria Way	600	7,200	
Water Utility Services				
Costs for water and waste at amenity center.				
Meter	Location	Monthly	Total	
1564254444	9351 SW Ligorio Way	150	1,800	
Property Insurance				
The District will bind Amenity Center Liability Insurance with Florida Insurance Alliance, an agency that specializes in providing insurance coverage to governmental agencies.	
Pool Repair and Maintenance				
The district has an agreement with Gordon Sandy to maintain the community pool.	
Description	Vendor	Monthly/ Quarterly	Total	
Pool cleaning	Sandy Gordon	1,800	21,600	
Repairs	n/a	-	30,000	
	Total		51,600	

Expenditures - Amenity (continued)				
Landscape Maintenance				
The district contracted Impact Florida Exotic Landscape to service the common area of Cross Town. Mulch will be a separate cost.	
Description	Vendor	Monthly	Total	
Lawn maintenance	Florida Exotic Landscape	1,829	21,942	
Mulch				
The district contracted Impact Landscaping & Irrigation LLC to maintain the mulch throughout the district.	
Pest Control				
The district will contract the service IPM, fertilization scrubs and trees and fire ants.	
Janitorial Services/Supplies				
The district has an agreement with Charles Cleaning to clean the Amenity Center.	
Description	Vendor	Bi-weekly	Total	
Cleaning	Charles Cleaning	1,050	27,300	
Supplies	Charles Cleaning		5,000	
	Total		
32,300	
A/C Maintenance			
The district will contract a company to maintain the A/C systems.			
Trash Collection			
Costs to collect the trash at Amenity Center.			
Pressure Cleaning			
Cost to pressure clean amenity center and surrounding.			
Contingency			
To cover any other costs not mentioned.			

Verano #2	
Community Development District	
Adopted Budget	
Debt Service Series 2017 Special Assessment Bonds	

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 Pod A - Tax Roll	$	364,385	$	365,538	$	-	$	365,538	$	364,385	
Special Assessments Pod B - Tax Roll	271,950	272,811	-	272,811	271,950	
Special Assessments Pod C - Tax Roll	213,001	213,682	-	213,682	213,001	
Special Assessments Pod C- Tax Roll Deliquent	-	1,855	-	1,855	-	
Interest Income	15,000	50,675	9,325	60,000	30,000	
Carry Forward Balance (1)	796,093	775,834	-	775,834	883,650	

TOTAL REVENUES	$  1,660,429	$  1,680,395	$	9,325	$  1,689,719	$  1,762,986	

EXPENDITURES:						
Series 2017 - Pod A						
Interest - 11/01	$	117,381	$	117,381	$	-	$	117,381	$	115,044	
Principal - 11/01	110,000	110,000	-	110,000	115,000	
Interest - 05/01	115,044	115,044	-	115,044	112,600	
Series 2017 - Pod B						
Interest - 11/01	$	92,281	$	92,281	$	-	$	92,281	$	90,475	
Principal - 11/01	85,000	85,000	-	85,000	90,000	
Interest - 05/01	90,475	90,475	-	90,475	88,563	
Series 2017 - Pod C						
Interest - 11/01	$	68,763	$	68,763	$	-	$	68,763	$	67,413	
Principal - 11/01	60,000	60,000	-	60,000	60,000	
Interest - 05/01	67,413	67,413	-	67,413	66,063	

TOTAL EXPENDITURES	$	806,356	$	806,356	$	-	$	806,356	$	805,156	

Other Sources/(Uses)

Interfund Transfer in/(Out)	$	-	$	287	$	-	$	287	$	-	

TOTAL OTHER SOURCES/(USES)	$	-	$	287	$	-	$	287	$	-	

EXCESS REVENUES (EXPENDITURES)	$	854,073	$	874,325	$	9,325	$	883,650	$	957,830	

Pod A Principal - 11/1/26	$	115,000	
Interest - 11/1/26	112,600	
Pod B Principal - 11/1/26	90,000	
Interest - 11/1/26	88,563	
Pod C Principal - 11/1/26	65,000	
Interest - 11/1/26		66,063 	
Total	 $	537,225 	

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

Gross Assessments	
Less: Discounts & Collections 8%	
Net Assessments	

$	923,192	
      73,855 	
 $	849,336 	

Product	Assessable Units	Total Gross Assessment	FY25
Gross Per Unit	FY26
Gross Per Unit	Increase/ (Decrease)	
40's Pod A	26	$	30,578.34	$	1,176.09	$	1,176.09	$	-	
40's Pod B	45	$	46,701.00	$	1,037.80	$	1,037.80	$	-	
40's Pod C	118	$  128,261.28	$	1,086.96	$	1,086.96	$	-	
50's Pod A	116	$  156,978.16	$	1,353.26	$	1,353.26	$	-	
50's Pod B	138	$  164,700.24	$	1,193.48	$	1,193.48	$	-	
50's Pod C	95	$  103,261.20	$	1,086.96	$	1,086.96	$	-	
60's Pod A	123	$  192,387.99	$	1,564.13	$	1,564.13	$	-	
60's Pod B	61	$	84,197.08	$	1,380.28	$	1,380.28	$	-	
70's Pod A	6	$	10,128.26	$	1,688.04	$	1,688.04	$	-	
80's Pod A	1	$	1,811.20	$	1,811.20	$	1,811.20	$	-	
Manor/Duplex Pod A	4	$	4,186.76	$	1,046.69	$	1,046.69	$	-	
Total	733	$  923,191.51				

Verano #2	
Community Development District	
AMORTIZATION SCHEDULE	
Debt Service Series 2017 Pod A Special Assessment Bonds	

05/01/18	$	5,350,000	3.625%	$	-	$	92,526	$	-	
11/01/18	5,350,000	3.625%	-	126,172	218,698	
05/01/19	5,350,000	3.625%	-	126,172		
11/01/19	5,350,000	3.625%	90,000	126,172	342,344	
05/01/20	5,260,000	3.625%	-	124,541		
11/01/20	5,260,000	3.625%	95,000	124,541	344,081	
05/01/21	5,165,000	3.625%	-	122,819		
11/01/21	5,165,000	3.625%	95,000	122,819	340,638	
05/01/22	5,070,000	3.625%	-	121,097		
11/01/22	5,070,000	3.625%	100,000	121,097	342,194	
05/01/23	4,970,000	3.625%	-	119,284		
11/01/23	4,970,000	3.625%	105,000	119,284	343,569	
05/01/24	4,865,000	4.250%	-	117,381		
11/01/24	4,865,000	4.250%	110,000	117,381	344,763	
05/01/25	4,755,000	4.250%	-	115,044		
11/01/25	4,755,000	4.250%	115,000	115,044	345,088	
05/01/26	4,640,000	4.250%	-	112,600		
11/01/26	4,640,000	4.250%	115,000	112,600	340,200	
05/01/27	4,525,000	4.250%	-	110,156		
11/01/27	4,525,000	4.250%	120,000	110,156	340,313	
05/01/28	4,405,000	4.250%	-	107,606		
11/01/28	4,405,000	4.250%	125,000	107,606	340,213	
05/01/29	4,280,000	4.750%	-	104,950		
11/01/29	4,280,000	4.750%	130,000	104,950	339,900	
05/01/30	4,150,000	4.750%	-	101,863		
11/01/30	4,150,000	4.750%	140,000	101,863	343,725	
05/01/31	4,010,000	4.750%	-	98,538		
11/01/31	4,010,000	4.750%	145,000	98,538	342,075	
05/01/32	3,865,000	4.750%	-	95,094		
11/01/32	3,865,000	4.750%	150,000	95,094	340,188	
05/01/33	3,715,000	4.750%	-	91,531		
11/01/33	3,715,000	4.750%	160,000	91,531	343,063	
05/01/34	3,555,000	4.750%	-	87,731		
11/01/34	3,555,000	4.750%	165,000	87,731	340,463	
05/01/35	3,390,000	4.750%	-	83,813		
11/01/35	3,390,000	4.750%	175,000	83,813	342,625	
05/01/36	3,215,000	4.750%	-	79,656		
11/01/36	3,215,000	4.750%	185,000	79,656	344,313	
05/01/37	3,030,000	4.750%	-	75,263		
11/01/37	3,030,000	4.750%	190,000	75,263	340,525	
05/01/38	2,840,000	4.750%	-	70,750		
11/01/38	2,840,000	4.750%	200,000	70,750	341,500	
05/01/39	2,640,000	5.000%	-	66,000		
11/01/39	2,640,000	5.000%	210,000	66,000	342,000	
05/01/40	2,430,000	5.000%	-	60,750		
11/01/40	2,430,000	5.000%	220,000	60,750	341,500	
05/01/41	2,210,000	5.000%	-	55,250		
11/01/41	2,210,000	5.000%	230,000	55,250	340,500	
05/01/42	1,980,000	5.000%	-	49,500		
11/01/42	1,980,000	5.000%	245,000	49,500	344,000	
05/01/43	1,735,000	5.000%	-	43,375		
11/01/43	1,735,000	5.000%	255,000	43,375	341,750	
05/01/44	1,480,000	5.000%	-	37,000		
11/01/44	1,480,000	5.000%	270,000	37,000	344,000	
05/01/45	1,210,000	5.000%	-	30,250		
11/01/45	1,210,000	5.000%	280,000	30,250	340,500	
05/01/46	930,000	5.000%	-	23,250		
11/01/46	930,000	5.000%	295,000	23,250	341,500	
05/01/47	635,000	5.000%	-	15,875		
11/01/47	635,000	5.000%	310,000	15,875	341,750	
05/01/48	325,000	5.000%	-	8,125		
11/01/48	325,000	5.000%	325,000	8,125	341,250	

Total	$	5,350,000	$	5,129,223	$	10,479,223	

Verano #2	
Community Development District	
AMORTIZATION SCHEDULE	
Debt Service Series 2017 Pod B Special Assessment Bonds	

05/01/18	$	4,220,000	3.625%	$	-	$	72,994	$	-	
11/01/18	4,220,000	3.625%	-	99,441	172,435	
05/01/19	4,220,000	3.625%	-	99,441		
11/01/19	4,220,000	3.625%	70,000	99,441	268,881	
05/01/20	4,150,000	3.625%	-	98,172		
11/01/20	4,150,000	3.625%	75,000	98,172	271,344	
05/01/21	4,075,000	3.625%	-	96,813		
11/01/21	4,075,000	3.625%	75,000	96,813	268,625	
05/01/22	4,000,000	3.625%	-	95,453		
08/01/22	4,000,000	3.625%	15,000	544		
11/01/22	3,985,000	3.625%	80,000	95,181	286,178	
05/01/23	3,905,000	3.625%	-	93,731		
11/01/23	3,905,000	3.625%	80,000	93,731	267,463	
05/01/24	3,825,000	3.625%	-	92,281		
11/01/24	3,825,000	4.250%	85,000	92,281	269,563	
05/01/25	3,740,000	4.250%	-	90,475		
11/01/25	3,740,000	4.250%	90,000	90,475	270,950	
05/01/26	3,650,000	4.250%	-	88,563		
11/01/26	3,650,000	4.250%	90,000	88,563	267,125	
05/01/27	3,560,000	4.250%	-	86,650		
11/01/27	3,560,000	4.250%	95,000	86,650	268,300	
05/01/28	3,465,000	4.250%	-	84,631		
11/01/28	3,465,000	4.250%	100,000	84,631	269,263	
05/01/29	3,365,000	4.250%	-	82,506		
11/01/29	3,365,000	4.750%	105,000	82,506	270,013	
05/01/30	3,260,000	4.750%	-	80,013		
11/01/30	3,260,000	4.750%	110,000	80,013	270,025	
05/01/31	3,150,000	4.750%	-	77,400		
11/01/31	3,150,000	4.750%	115,000	77,400	269,800	
05/01/32	3,035,000	4.750%	-	74,669		
11/01/32	3,035,000	4.750%	120,000	74,669	269,338	
05/01/33	2,915,000	4.750%	-	71,819		
11/01/33	2,915,000	4.750%	125,000	71,819	268,638	
05/01/34	2,790,000	4.750%	-	68,850		
11/01/34	2,790,000	4.750%	130,000	68,850	267,700	
05/01/35	2,660,000	4.750%	-	65,763		
11/01/35	2,660,000	4.750%	135,000	65,763	266,525	
05/01/36	2,525,000	4.750%	-	62,556		
11/01/36	2,525,000	4.750%	145,000	62,556	270,113	
05/01/37	2,380,000	4.750%	-	59,113		
11/01/37	2,380,000	4.750%	150,000	59,113	268,225	
05/01/38	2,230,000	4.750%	-	55,550		
11/01/38	2,230,000	4.750%	160,000	55,550	271,100	
05/01/39	2,070,000	4.750%	-	51,750		
11/01/39	2,070,000	5.000%	165,000	51,750	268,500	
05/01/40	1,905,000	5.000%	-	47,625		
11/01/40	1,905,000	5.000%	175,000	47,625	270,250	
05/01/41	1,730,000	5.000%	-	43,250		
11/01/41	1,730,000	5.000%	180,000	43,250	266,500	
05/01/42	1,550,000	5.000%	-	38,750		
11/01/42	1,550,000	5.000%	190,000	38,750	267,500	
05/01/43	1,360,000	5.000%	-	34,000		
11/01/43	1,360,000	5.000%	200,000	34,000	268,000	
05/01/44	1,160,000	5.000%	-	29,000		
11/01/44	1,160,000	5.000%	210,000	29,000	268,000	
05/01/45	950,000	5.000%	-	23,750		
11/01/45	950,000	5.000%	220,000	23,750	267,500	
05/01/46	730,000	5.000%	-	18,250		
11/01/46	730,000	5.000%	230,000	18,250	266,500	
05/01/47	500,000	5.000%	-	12,500		
11/01/47	500,000	5.000%	245,000	12,500	270,000	
05/01/48	255,000	5.000%	-	6,375		
11/01/48	255,000	5.000%	255,000	6,375	267,750	

Total	$	4,220,000	$	4,032,100	$	8,252,100	

Verano #2	
Community Development District	
AMORTIZATION SCHEDULE	
Debt Service Series 2017 Pod C Special Assessment Bonds	

Period	Outstanding Balance	Coupons	Principal	Interest	Annual Debt Service	

05/01/18	$	6,400,000	3.750%	$	-	$	72,994	$	-	
11/01/18	6,400,000	3.750%	-	137,294	210,288	
05/01/19	6,400,000	3.750%	-	137,294		
08/01/19	6,400,000	3.750%	60,000	137,294		
11/01/19	6,340,000	3.750%	105,000	136,169	575,756	
02/01/20	6,235,000	3.750%	350,000	13,125		
05/01/20	5,885,000	3.750%	465,000	127,638		
08/01/20	5,420,000	3.750%	285,000	10,688		
11/01/20	5,135,000	3.750%	1,190,000	113,575	2,555,025	
05/01/21	3,945,000	3.750%	930,000	91,263		
08/01/21	3,015,000	3.750%	25,000	938		
11/01/21	2,990,000	3.750%	105,000	73,356	1,225,556	
05/01/22	2,885,000	3.750%	30,000	1,125		
11/01/22	2,855,000	3.750%	55,000	70,825	156,950	
05/01/23	2,800,000	3.750%	-	69,794		
11/01/23	2,800,000	3.750%	55,000	69,794	194,588	
05/01/24	2,745,000	3.750%	-	68,763		
11/01/24	2,745,000	4.500%	60,000	68,763	197,525	
05/01/25	2,685,000	4.500%	-	67,413		
11/01/25	2,685,000	4.500%	60,000	67,413	194,825	
05/01/26	2,625,000	4.500%	-	66,063		
11/01/26	2,625,000	4.500%	65,000	66,063	197,125	
05/01/27	2,560,000	4.500%	-	64,600		
11/01/27	2,560,000	4.500%	65,000	64,600	194,200	
05/01/28	2,495,000	4.500%	-	63,138		
11/01/28	2,495,000	4.500%	70,000	63,138	196,275	
05/01/29	2,425,000	5.000%	-	61,563		
11/01/29	2,425,000	5.000%	75,000	61,563	198,125	
05/01/30	2,350,000	5.000%	-	59,688		
11/01/30	2,350,000	5.000%	75,000	59,688	194,375	
05/01/31	2,275,000	5.000%	-	57,813		
11/01/31	2,275,000	5.000%	80,000	57,813	195,625	
05/01/32	2,195,000	5.000%	-	55,813		
11/01/32	2,195,000	5.000%	85,000	55,813	196,625	
05/01/33	2,110,000	5.000%	-	53,688		
11/01/33	2,110,000	5.000%	90,000	53,688	197,375	
05/01/34	2,020,000	5.000%	-	51,438		
11/01/34	2,020,000	5.000%	95,000	51,438	197,875	
05/01/35	1,925,000	5.000%	-	49,063		
11/01/35	1,925,000	5.000%	100,000	49,063	198,125	
05/01/36	1,825,000	5.000%	-	46,563		
11/01/36	1,825,000	5.000%	105,000	46,563	198,125	
05/01/37	1,720,000	5.000%	-	43,938		
11/01/37	1,720,000	5.000%	105,000	43,938	192,875	
05/01/38	1,615,000	5.000%	-	41,313		
11/01/38	1,615,000	5.000%	115,000	41,313	197,625	
05/01/39	1,500,000	5.125%	-	38,438		
11/01/39	1,500,000	5.125%	120,000	38,438	196,875	
05/01/40	1,380,000	5.125%	-	35,363		
11/01/40	1,380,000	5.125%	125,000	35,363	195,725	
05/01/41	1,255,000	5.125%	-	32,159		
11/01/41	1,255,000	5.125%	130,000	32,159	194,319	
05/01/42	1,125,000	5.125%	-	28,828		
11/01/42	1,125,000	5.125%	140,000	28,828	197,656	
05/01/43	985,000	5.125%	-	25,241		
11/01/43	985,000	5.125%	145,000	25,241	195,481	
05/01/44	840,000	5.125%	-	21,525		
11/01/44	840,000	5.125%	150,000	21,525	193,050	
05/01/45	690,000	5.125%	-	17,681		
11/01/45	690,000	5.125%	160,000	17,681	195,363	
05/01/46	530,000	5.125%	-	13,581		
11/01/46	530,000	5.125%	170,000	13,581	197,163	
05/01/47	360,000	5.125%	-	9,225		
11/01/47	360,000	5.125%	175,000	9,225	193,450	
05/01/48	185,000	5.125%	-	4,741		
11/01/48	185,000	5.125%	185,000	4,741	194,481	
Total			$	6,400,000	$	3,418,425	$	9,818,425	

Verano #2	
Community Development District	
Adopted Budget	
Debt Service Series 2020 Special Assessment Bonds	

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 Pod C - Tax Roll	$	216,009	$	216,893	$	-	$	216,893	$	216,001	
Special Assessments Pod D - Tax Roll	305,354	306,596	-	306,596	305,354	
Special Assessments Pod E - Tax Roll	240,579	241,557	-	241,557	240,579	
Interest Income	10,000	31,907	6,093	38,000	10,000	
Carry Forward Balance	352,182	327,272	-	327,272	371,586	

TOTAL REVENUES	$  1,124,124	$  1,124,226	$	6,093	$  1,130,318	$  1,143,519	

EXPENDITURES:

Series 2020 - Pod C						
Interest - 11/01	$	66,806	$	66,806	$	-	$	66,806	$	65,656	
Interest - 05/01	66,806	66,806	-	66,806	65,656	
Principal - 05/01	80,000	80,000	-	80,000	85,000	

Series 2020 - Pod D						
Interest - 11/01	$	87,828	$	87,828	$	-	$	87,828	$	86,319	
Interest - 05/01	87,828	87,828	-	87,828	86,319	
Principal - 05/01	105,000	105,000	-	105,000	110,000	

Series 2020 - Pod E						
Interest - 11/01	$	66,244	$	66,244	$	-	$	66,244	$	65,094	
Interest - 05/01	66,244	66,244	-	66,244	65,094	
Principal - 05/01	80,000	80,000	-	80,000	80,000	

15,906	-	15,906	-	

Other Debt Service Cost (Arbitrage Rebate)

TOTAL EXPENDITURES	$	706,756	$	722,662	$	-	$	722,662	$	709,138	

TOTAL EXPENDITURES	$	716,756	$	735,697	$	5,000	$	740,697	$	719,138	
Other Sources/(Uses)

Interfund Transfer in/(Out)	$	(10,000)	$	(13,035)	$	(5,000)	$	(18,035)	$	(10,000)	

TOTAL OTHER SOURCES/(USES)	$	(10,000)	$	(13,035)	$	(5,000)	$	(18,035)	$	(10,000)	

EXCESS REVENUES (EXPENDITURES)	$	397,368	$	375,493	$	(3,907)	$	371,586	$	414,381	

Pod C Interest - 11/1/26	$	64,275	
Pod D Interest - 11/1/26	84,531	
Pod E Interest - 11/1/26		65,094 	
Total	$	213,900	

Gross Assessments	
Less: Discounts & Collections 8%	
Net Assessments	

$	828,189	
      66,255 	
 $	761,933 	

Product	Assessable Units	Total Gross Assessment	FY25
Gross Per Unit	FY26
Gross Per Unit	Increase/ (Decrease)	
40's Pod C	87	$	94,565.52	$	1,086.96	$	1,086.96	$	-	
40's Pod D	41	$	48,219.69	$	1,176.09	$	1,176.09	$	-	
40's Pod E	40	$	40,869.60	$	1,021.74	$	1,021.74	$	-	
50's Pod C	129	$  140,217.84	$	1,086.96	$	1,086.96	$	-	
50's Pod D	93	$  125,751.81	$	1,352.17	$	1,352.17	$	-	
50's Pod E	97	$  113,975.00	$	1,175.00	$	1,175.00	$	-	
60's Pod D	52	$	81,334.76	$	1,564.13	$	1,564.13	$	-	
60's Pod E	72	$	97,826.40	$	1,358.70	$	1,358.70	$	-	
70's Pod D	25	$	42,193.50	$	1,687.74	$	1,687.74	$	-	
70's Pod E	6	$	8,827.86	$	1,471.31	$	1,471.31	$	-	
80's Pod D	19	$	34,406.53	$	1,810.87	$	1,810.87	$	-	
Total	661	$  828,188.51				

Verano #2	
Community Development District	
AMORTIZATION SCHEDULE	
Debt Service Series 2020 Pod C Special Assessment Bonds	

11/01/20	$	3,765,000	2.875%	$	-	$	90,479	$	90,479	
05/01/21	3,765,000	2.875%	70,000	71,119		
11/01/21	3,695,000	2.875%	-	70,113	211,231	
05/01/22	3,695,000	2.875%	75,000	70,113		
11/01/22	3,620,000	2.875%	-	69,034	214,147	
05/01/23	3,620,000	2.875%	75,000	69,034		
11/01/23	3,545,000	2.875%	-	67,956	211,991	
05/01/24	3,545,000	2.875%	80,000	67,956		
11/01/24	3,465,000	2.875%	-	66,806	214,763	
05/01/25	3,465,000	2.875%	80,000	66,806		
11/01/25	3,385,000	3.250%	-	65,656	212,463	
05/01/26	3,385,000	3.250%	85,000	65,656		
11/01/26	3,300,000	3.250%	-	64,275	214,931	
05/01/27	3,300,000	3.250%	85,000	64,275		
11/01/27	3,215,000	3.250%	-	62,894	212,169	
05/01/28	3,215,000	3.250%	90,000	62,894		
11/01/28	3,125,000	3.250%	-	61,431	214,325	
05/01/29	3,125,000	3.250%	90,000	61,431		
11/01/29	3,035,000	3.250%	-	59,969	211,400	
05/01/30	3,035,000	3.250%	95,000	59,969		
11/01/30	2,940,000	3.250%	-	58,425	213,394	
05/01/31	2,940,000	3.250%	100,000	58,425		
11/01/31	2,840,000	4.000%	-	56,800	215,225	
05/01/32	2,840,000	4.000%	100,000	56,800		
11/01/32	2,740,000	4.000%	-	54,800	211,600	
05/01/33	2,740,000	4.000%	105,000	54,800		
11/01/33	2,635,000	4.000%	-	52,700	212,500	
05/01/34	2,635,000	4.000%	110,000	52,700		
11/01/34	2,525,000	4.000%	-	50,500	213,200	
05/01/35	2,525,000	4.000%	115,000	50,500		
11/01/35	2,410,000	4.000%	-	48,200	213,700	
05/01/36	2,410,000	4.000%	120,000	48,200		
11/01/36	2,290,000	4.000%	-	45,800	214,000	
05/01/37	2,290,000	4.000%	125,000	45,800		
11/01/37	2,165,000	4.000%	-	43,300	214,100	
05/01/38	2,165,000	4.000%	130,000	43,300		
11/01/38	2,035,000	4.000%	-	40,700	214,000	
05/01/39	2,035,000	4.000%	135,000	40,700		
11/01/39	1,900,000	4.000%	-	38,000	213,700	
05/01/40	1,900,000	4.000%	140,000	38,000		
11/01/40	1,760,000	4.000%	-	35,200	213,200	
05/01/41	1,760,000	4.000%	145,000	35,200		
11/01/41	1,615,000	4.000%	-	32,300	212,500	
05/01/42	1,615,000	4.000%	150,000	32,300		
11/01/42	1,465,000	4.000%	-	29,300	211,600	
05/01/43	1,465,000	4.000%	160,000	29,300		
11/01/43	1,305,000	4.000%	-	26,100	215,400	
05/01/44	1,305,000	4.000%	165,000	26,100		
11/01/44	1,140,000	4.000%	-	22,800	213,900	
05/01/45	1,140,000	4.000%	170,000	22,800		
11/01/45	970,000	4.000%	-	19,400	212,200	
05/01/46	970,000	4.000%	180,000	19,400		
11/01/46	790,000	4.000%	-	15,800	215,200	
05/01/47	790,000	4.000%	185,000	15,800		
11/01/47	605,000	4.000%	-	12,100	212,900	
05/01/48	605,000	4.000%	195,000	12,100		
11/01/48	410,000	4.000%	-	8,200	215,300	
05/01/49	410,000	4.000%	200,000	8,200		
11/01/49	210,000	4.000%	-	4,200	212,400	
05/01/50	210,000	4.000%	210,000	4,200	214,200	
Total			$	3,765,000	$	2,727,116	$	6,492,116	

Verano #2	
Community Development District	
AMORTIZATION SCHEDULE	
Debt Service Series 2020 Pod D Special Assessment Bonds	

11/01/20	$	4,955,000	2.875%	$	-	$	119,052	$	119,052	
05/01/21	4,955,000	2.875%	95,000	93,578		
11/01/21	4,860,000	2.875%	-	92,213	280,791	
05/01/22	4,860,000	2.875%	100,000	92,213		
11/01/22	4,760,000	2.875%	-	90,775	282,988	
05/01/23	4,760,000	2.875%	100,000	90,775		
11/01/23	4,660,000	2.875%	-	89,338	280,113	
05/01/24	4,660,000	2.875%	105,000	89,338		
11/01/24	4,555,000	2.875%	-	87,828	282,166	
05/01/25	4,555,000	2.875%	105,000	87,828		
11/01/25	4,450,000	3.250%	-	86,319	279,147	
05/01/26	4,450,000	3.250%	110,000	86,319		
11/01/26	4,340,000	3.250%	-	84,531	280,850	
05/01/27	4,340,000	3.250%	115,000	84,531		
11/01/27	4,225,000	3.250%	-	82,663	282,194	
05/01/28	4,225,000	3.250%	115,000	82,663		
11/01/28	4,110,000	3.250%	-	80,794	278,456	
05/01/29	4,110,000	3.250%	120,000	80,794		
11/01/29	3,990,000	3.250%	-	78,844	279,638	
05/01/30	3,990,000	3.250%	125,000	78,844		
11/01/30	3,865,000	3.250%	-	76,813	280,656	
05/01/31	3,865,000	3.250%	130,000	76,813		
11/01/31	3,735,000	4.000%	-	74,700	281,513	
05/01/32	3,735,000	4.000%	135,000	74,700		
11/01/32	3,600,000	4.000%	-	72,000	281,700	
05/01/33	3,600,000	4.000%	140,000	72,000		
11/01/33	3,460,000	4.000%	-	69,200	281,200	
05/01/34	3,460,000	4.000%	145,000	69,200		
11/01/34	3,315,000	4.000%	-	66,300	280,500	
05/01/35	3,315,000	4.000%	150,000	66,300		
11/01/35	3,165,000	4.000%	-	63,300	279,600	
05/01/36	3,165,000	4.000%	155,000	63,300		
11/01/36	3,010,000	4.000%	-	60,200	278,500	
05/01/37	3,010,000	4.000%	165,000	60,200		
11/01/37	2,845,000	4.000%	-	56,900	282,100	
05/01/38	2,845,000	4.000%	170,000	56,900		
11/01/38	2,675,000	4.000%	-	53,500	280,400	
05/01/39	2,675,000	4.000%	175,000	53,500		
11/01/39	2,500,000	4.000%	-	50,000	278,500	
05/01/40	2,500,000	4.000%	185,000	50,000		
11/01/40	2,315,000	4.000%	-	46,300	281,300	
05/01/41	2,315,000	4.000%	190,000	46,300		
11/01/41	2,125,000	4.000%	-	42,500	278,800	
05/01/42	2,125,000	4.000%	200,000	42,500		
11/01/42	1,925,000	4.000%	-	38,500	281,000	
05/01/43	1,925,000	4.000%	210,000	38,500		
11/01/43	1,715,000	4.000%	-	34,300	282,800	
05/01/44	1,715,000	4.000%	215,000	34,300		
11/01/44	1,500,000	4.000%	-	30,000	279,300	
05/01/45	1,500,000	4.000%	225,000	30,000		
11/01/45	1,275,000	4.000%	-	25,500	280,500	
05/01/46	1,275,000	4.000%	235,000	25,500		
11/01/46	1,040,000	4.000%	-	20,800	281,300	
05/01/47	1,040,000	4.000%	245,000	20,800		
11/01/47	795,000	4.000%	-	15,900	281,700	
05/01/48	795,000	4.000%	255,000	15,900		
11/01/48	540,000	4.000%	-	10,800	281,700	
05/01/49	540,000	4.000%	265,000	10,800		
11/01/49	275,000	4.000%	-	5,500	281,300	
05/01/50	275,000	4.000%	275,000	5,500	280,500	
Total			$	4,955,000	$	3,585,262	$	8,540,262	

Verano #2	
Community Development District	
AMORTIZATION SCHEDULE	
Debt Service Series 2020 Pod E Special Assessment Bonds	

11/01/20	$	3,735,000	2.875%	$	-	$	89,763	$	89,763	
05/01/21	3,735,000	2.875%	70,000	70,556		
11/01/21	3,665,000	2.875%	-	69,550	210,106	
05/01/22	3,665,000	2.875%	75,000	69,550		
11/01/22	3,590,000	2.875%	-	68,472	213,022	
05/01/23	3,590,000	2.875%	75,000	68,472		
11/01/23	3,515,000	2.875%	-	67,394	210,866	
05/01/24	3,515,000	2.875%	80,000	67,394		
11/01/24	3,435,000	2.875%	-	66,244	213,638	
05/01/25	3,435,000	2.875%	80,000	66,244		
11/01/25	3,355,000	3.250%	-	65,094	211,338	
05/01/26	3,355,000	3.250%	80,000	65,094		
11/01/26	3,275,000	3.250%	-	63,794	208,888	
05/01/27	3,275,000	3.250%	85,000	63,794		
11/01/27	3,190,000	3.250%	-	62,413	211,206	
05/01/28	3,190,000	3.250%	90,000	62,413		
11/01/28	3,100,000	3.250%	-	60,950	213,363	
05/01/29	3,100,000	3.250%	90,000	60,950		
11/01/29	3,010,000	3.250%	-	59,488	210,438	
05/01/30	3,010,000	3.250%	95,000	59,488		
11/01/30	2,915,000	3.250%	-	57,944	212,431	
05/01/31	2,915,000	3.250%	95,000	57,944		
11/01/31	2,820,000	4.000%	-	56,400	209,344	
05/01/32	2,820,000	4.000%	100,000	56,400		
11/01/32	2,720,000	4.000%	-	54,400	210,800	
05/01/33	2,720,000	4.000%	105,000	54,400		
11/01/33	2,615,000	4.000%	-	52,300	211,700	
05/01/34	2,615,000	4.000%	110,000	52,300		
11/01/34	2,505,000	4.000%	-	50,100	212,400	
05/01/35	2,505,000	4.000%	115,000	50,100		
11/01/35	2,390,000	4.000%	-	47,800	212,900	
05/01/36	2,390,000	4.000%	120,000	47,800		
11/01/36	2,270,000	4.000%	-	45,400	213,200	
05/01/37	2,270,000	4.000%	125,000	45,400		
11/01/37	2,145,000	4.000%	-	42,900	213,300	
05/01/38	2,145,000	4.000%	130,000	42,900		
11/01/38	2,015,000	4.000%	-	40,300	213,200	
05/01/39	2,015,000	4.000%	135,000	40,300		
11/01/39	1,880,000	4.000%	-	37,600	212,900	
05/01/40	1,880,000	4.000%	140,000	37,600		
11/01/40	1,740,000	4.000%	-	34,800	212,400	
05/01/41	1,740,000	4.000%	145,000	34,800		
11/01/41	1,595,000	4.000%	-	31,900	211,700	
05/01/42	1,595,000	4.000%	150,000	31,900		
11/01/42	1,445,000	4.000%	-	28,900	210,800	
05/01/43	1,445,000	4.000%	155,000	28,900		
11/01/43	1,290,000	4.000%	-	25,800	209,700	
05/01/44	1,290,000	4.000%	165,000	25,800		
11/01/44	1,125,000	4.000%	-	22,500	213,300	
05/01/45	1,125,000	4.000%	170,000	22,500		
11/01/45	955,000	4.000%	-	19,100	211,600	
05/01/46	955,000	4.000%	175,000	19,100		
11/01/46	780,000	4.000%	-	15,600	209,700	
05/01/47	780,000	4.000%	185,000	15,600		
11/01/47	595,000	4.000%	-	11,900	212,500	
05/01/48	595,000	4.000%	190,000	11,900		
11/01/48	405,000	4.000%	-	8,100	210,000	
05/01/49	405,000	4.000%	200,000	8,100		
11/01/49	205,000	4.000%	-	4,100	212,200	
05/01/50	205,000	4.000%	205,000	4,100	209,100	
Total			$	3,735,000	$	2,702,801	$	6,437,801	

Verano #2	
Community Development District	
Adopted Budget	
Debt Service Series 2024 Special Assessment Bonds (Pod D 4,5,6)	

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

REVENUES:

Special Assessments Pod D - Tax Roll	$	-	$	-	$	-	$	-	$	678,124	
Special Assessments Pod D - Direct Bill	669,841	409,557	260,284	669,841	-	
Interest Income	10,800	28,635	1,365	30,000	20,000	
Carry Forward Balance	282,382	287,683	-	287,683	287,683	

TOTAL REVENUES	$	963,023	$	725,875	$	261,650	$	987,524	$	985,807	

EXPENDITURES:

Interest - 11/01	$	282,382	$	282,382	$	-	$	282,382	$	268,689	
Interest - 05/01	271,811	271,811	-	271,811	268,689	
Principal - 05/01	135,000	135,000	-	135,000	145,000	

TOTAL EXPENDITURES	$	689,193	$	689,193	$	-	$	689,193	$	682,379	

Other Sources/(Uses)

Interfund Transfer in/(Out)	$	-	$	(24,831)	$	(1,000)	$	(25,831)	$	(15,000)	

TOTAL OTHER SOURCES/(USES)	$	-	$	(24,831)	$	(1,000)	$	(25,831)	$	(15,000)	

EXCESS REVENUES (EXPENDITURES)	$	273,830	$	11,850	$	260,650	$	272,500	$	288,429	

Interest - 11/1/26	$	265,336	

Gross Assessments	
Less: Discounts & Collections 8%	
Net Assessments	

$	737,092	
      58,967 	
 $	678,124 	

Product	Assessable Units	Total Gross Assessment	FY25
Gross Per Unit	FY26
Gross Per Unit	Increase/ (Decrease)	
40's Pod D 4,5,6	227	$  290,165.02	$	-	$	1,278.26	$	1,278.26	
50's Pod D 4,5,6	160	$  235,131.20	$	-	$	1,469.57	$	1,469.57	
60's Pod D 4,5,6	103	$  175,100.00	$	-	$	1,700.00	$	1,700.00	
70's Pod D 4,5,6	20	$	36,695.60	$	-	$	1,834.78	$	1,834.78	
Total	510	$  737,091.82				

Verano #2	
Community Development District	
AMORTIZATION SCHEDULE	
Debt Service Series 2024 Special Assessment Bonds (Pod D 4,5,6)	

Period	Outstanding Balance	Coupons	Principal	Interest	Annual Debt Service	

04/24/24	$	9,780,000	4.625%	$	-	$	-	$	-	
11/01/24	9,780,000	4.625%	-	282,382		
05/01/25	9,780,000	4.625%	135,000	271,811	689,193	
11/01/25	9,645,000	4.625%	-	268,689		
05/01/26	9,645,000	4.625%	145,000	268,689	682,379	
11/01/26	9,500,000	4.625%	-	265,336		
05/01/27	9,500,000	4.625%	150,000	265,336	680,673	
11/01/27	9,350,000	4.625%	-	261,868		
05/01/28	9,350,000	4.625%	160,000	261,868	683,735	
11/01/28	9,190,000	4.625%	-	258,168		
05/01/29	9,190,000	4.625%	165,000	258,168	681,335	
11/01/29	9,025,000	4.625%	-	254,352		
05/01/30	9,025,000	4.625%	175,000	254,352	683,704	
11/01/30	8,850,000	4.625%	-	250,305		
05/01/31	8,850,000	4.625%	180,000	250,305	680,610	
11/01/31	8,670,000	4.625%	-	246,143		
05/01/32	8,670,000	5.500%	190,000	246,143	682,285	
11/01/32	8,480,000	5.500%	-	240,918		
05/01/33	8,480,000	5.500%	200,000	240,918	681,835	
11/01/33	8,280,000	5.500%	-	235,418		
05/01/34	8,280,000	5.500%	215,000	235,418	685,835	
11/01/34	8,065,000	5.500%	-	229,505		
05/01/35	8,065,000	5.500%	225,000	229,505	684,010	
11/01/35	7,840,000	5.500%	-	223,318		
05/01/36	7,840,000	5.500%	240,000	223,318	686,635	
11/01/36	7,600,000	5.500%	-	216,718		
05/01/37	7,600,000	5.500%	250,000	216,718	683,435	
11/01/37	7,350,000	5.500%	-	209,843		
05/01/38	7,350,000	5.500%	265,000	209,843	684,685	
11/01/38	7,085,000	5.500%	-	202,555		
05/01/39	7,085,000	5.500%	280,000	202,555	685,110	
11/01/39	6,805,000	5.500%	-	194,855		
05/01/40	6,805,000	5.500%	295,000	194,855	684,710	
11/01/40	6,510,000	5.500%	-	186,743		
05/01/41	6,510,000	5.500%	315,000	186,743	688,485	
11/01/41	6,195,000	5.500%	-	178,080		
05/01/42	6,195,000	5.500%	330,000	178,080	686,160	
11/01/42	5,865,000	5.500%	-	169,005		
05/01/43	5,865,000	5.500%	350,000	169,005	688,010	
11/01/43	5,515,000	5.500%	-	159,380		
05/01/44	5,515,000	5.500%	370,000	159,380	688,760	
11/01/44	5,145,000	5.500%	-	149,205		
05/01/45	5,145,000	5.800%	390,000	149,205	688,410	
11/01/45	4,755,000	5.800%	-	137,895		
05/01/46	4,755,000	5.800%	415,000	137,895	690,790	
11/01/46	4,340,000	5.800%	-	125,860		
05/01/47	4,340,000	5.800%	440,000	125,860	691,720	
11/01/47	3,900,000	5.800%	-	113,100		
05/01/48	3,900,000	5.800%	465,000	113,100	691,200	
11/01/48	3,435,000	5.800%	-	99,615		
05/01/49	3,435,000	5.800%	495,000	99,615	694,230	
11/01/49	2,940,000	5.800%	-	85,260		
05/01/50	2,940,000	5.800%	520,000	85,260	690,520	
11/01/50	2,420,000	5.800%	-	70,180		
05/01/51	2,420,000	5.800%	555,000	70,180	695,360	
11/01/51	1,865,000	5.800%	-	54,085		
05/01/52	1,865,000	5.800%	585,000	54,085	693,170	
11/01/52	1,280,000	5.800%	-	37,120		
05/01/53	1,280,000	5.800%	620,000	37,120	694,240	
11/01/53	660,000	5.800%	-	19,140		
05/01/54	660,000	5.800%	660,000	19,140	698,280	

Total	$	9,780,000	$	10,839,503	$	20,619,503	

Verano #2	
Community Development District	
Adopted Budget	
Debt Service Series 2024 Special Assessment Bonds (Pod D 7)	

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

REVENUES:

Special Assessments Pod D - Direct Bill	$	-	$	-	$	-	$	-	$	350,732	
Interest Income	20,000	15,788	2,000	17,788	10,000	
Carry Forward Balance	-	-	-	-	147,529	

TOTAL REVENUES	$	20,000	$	15,788	$	2,000	$	17,788	$	508,261	

EXPENDITURES:

Interest - 11/01	$	-	$	-	$	-	$	-	$	138,511	
Interest - 05/01	128,508	128,508	-	128,508	138,511	
Principal - 05/01	-	-	-	-	75,000	

TOTAL EXPENDITURES	$	128,508	$	128,508	$	-	$	128,508	$	352,023	

Other Sources/(Uses)

Interfund Transfer in/(Out)	$	(8,770)	$	(6,770)	$	(2,000)	$	(8,770)	$	(10,000)	
Bond Proceeds	617,722	617,722	-	617,722	-	

TOTAL OTHER SOURCES/(USES)	$	608,952	$	610,952	$	(2,000)	$	608,952	$	(10,000)	

EXCESS REVENUES (EXPENDITURES)	$	500,444	$	498,232	$	-	$	498,232	$	146,239	

Interest - 11/1/26	$	136,805	

Gross Assessments	
Less: Discounts & Collections 8%	
Net Assessments	

$	381,230	
      30,498 	
 $	350,732 	

Product	Assessable Units	Total Gross	FY26
Assessment	Gross
Per Unit	
40's Pod D 7	70	$	89,478.26	$	1,278.26	
50's Pod D 7	124	$  182,226.09	$	1,469.57	
60's Pod D 7	45	$	76,500.00	$	1,700.00	
70's Pod D 7	18	$	33,026.09	$	1,834.78	
Total	257	$  381,230.43	

Verano #2	
Community Development District	
AMORTIZATION SCHEDULE	
Debt Service Series 2024 Special Assessment Bonds (Pod D 7)	

Period	Outstanding Balance	Coupons	Principal	Interest	Annual Debt Service	

11/01/24	$	5,105,000	4.550%	$	-	$	-	$	-	
05/01/25	5,105,000	4.550%	-	128,508		
11/01/25	5,105,000	4.550%	-	138,511	267,019	
05/01/26	5,105,000	4.550%	75,000	138,511		
11/01/26	5,030,000	4.550%	-	136,805	350,316	
05/01/27	5,030,000	4.550%	75,000	136,805		
11/01/27	4,955,000	4.550%	-	135,099	346,904	
05/01/28	4,955,000	4.550%	80,000	135,099		
11/01/28	4,875,000	4.550%	-	133,279	348,378	
05/01/29	4,875,000	4.550%	85,000	133,279		
11/01/29	4,790,000	4.550%	-	131,345	349,624	
05/01/30	4,790,000	4.550%	90,000	131,345		
11/01/30	4,700,000	4.550%	-	129,298	350,643	
05/01/31	4,700,000	4.550%	90,000	129,298		
11/01/31	4,610,000	5.350%	-	127,250	346,548	
05/01/32	4,610,000	5.350%	95,000	127,250		
11/01/32	4,515,000	5.350%	-	124,709	346,959	
05/01/33	4,515,000	5.350%	100,000	124,709		
11/01/33	4,415,000	5.350%	-	122,034	346,743	
05/01/34	4,415,000	5.350%	105,000	122,034		
11/01/34	4,310,000	5.350%	-	119,225	346,259	
05/01/35	4,310,000	5.350%	115,000	119,225		
11/01/35	4,195,000	5.350%	-	116,149	350,374	
05/01/36	4,195,000	5.350%	120,000	116,149		
11/01/36	4,075,000	5.350%	-	112,939	349,088	
05/01/37	4,075,000	5.350%	125,000	112,939		
11/01/37	3,950,000	5.350%	-	109,595	347,534	
05/01/38	3,950,000	5.350%	130,000	109,595		
11/01/38	3,820,000	5.350%	-	106,118	345,713	
05/01/39	3,820,000	5.350%	140,000	106,118		
11/01/39	3,680,000	5.350%	-	102,373	348,490	
05/01/40	3,680,000	5.350%	145,000	102,373		
11/01/40	3,535,000	5.350%	-	98,494	345,866	
05/01/41	3,535,000	5.350%	155,000	98,494		
11/01/41	3,380,000	5.350%	-	94,348	347,841	
05/01/42	3,380,000	5.350%	165,000	94,348		
11/01/42	3,215,000	5.350%	-	89,934	349,281	
05/01/43	3,215,000	5.350%	175,000	89,934		
11/01/43	3,040,000	5.350%	-	85,253	350,186	
05/01/44	3,040,000	5.350%	180,000	85,253		
11/01/44	2,860,000	5.350%	-	80,438	345,690	
05/01/45	2,860,000	5.625%	195,000	80,438		
11/01/45	2,665,000	5.625%	-	74,953	350,391	
05/01/46	2,665,000	5.625%	205,000	74,953		
11/01/46	2,460,000	5.625%	-	69,188	349,141	
05/01/47	2,460,000	5.625%	215,000	69,188		
11/01/47	2,245,000	5.625%	-	63,141	347,328	
05/01/48	2,245,000	5.625%	230,000	63,141		
11/01/48	2,015,000	5.625%	-	56,672	349,813	
05/01/49	2,015,000	5.625%	240,000	56,672		
11/01/49	1,775,000	5.625%	-	49,922	346,594	
05/01/50	1,775,000	5.625%	255,000	49,922		
11/01/50	1,520,000	5.625%	-	42,750	347,672	
05/01/51	1,520,000	5.625%	270,000	42,750		
11/01/51	1,250,000	5.625%	-	35,156	347,906	
05/01/52	1,250,000	5.625%	285,000	35,156		
11/01/52	965,000	5.625%	-	27,141	347,297	
05/01/53	965,000	5.625%	305,000	27,141		
11/01/53	660,000	5.625%	-	18,563	350,703	
05/01/54	660,000	5.625%	320,000	18,563		
11/01/54	340,000	5.625%	-	9,563	348,125	
05/01/55	340,000	5.625%	340,000	9,563	349,563	

Total	$	5,105,000	$	5,608,984	$	10,713,984	

Verano #2
Community Development District
Non-Ad Valorem Assessments Comparison 2025-2026

Neighborhood	O&M Units	Bonds Units 2017	Bonds Units 2017	Bonds Units 2017	
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 Master	Pod A	Pod B	Pod C	O&M	O&M		Pod A	Pod B	Pod C	Pod A	Pod B	Pod C	Pod A	Pod B	Pod C	Pod A	Pod B	Pod C	Total	
ON ROLL																					
40's	71	26	45	0	$136.70	$136.70	$0.00	$1,176.09	$1,037.80	$0.00	$1,176.09	$1,037.80	$0.00	$1,312.79	$1,174.50	$0.00	$1,312.79	$1,174.50	$0.00	$0.00	
40's with Pod C	118	0	0	118	$1,165.64	$1,165.64	$0.00	$0.00	$0.00	$1,086.96	$0.00	$0.00	$1,086.96	$0.00	$0.00	$2,252.60	$0.00	$0.00	$2,252.60	$0.00	
50's	255	116	138	0	$157.21	$157.21	$0.00	$1,353.26	$1,193.48	$0.00	$1,353.26	$1,193.48	$0.00	$1,510.47	$1,350.69	$0.00	$1,510.47	$1,350.69	$0.00	$0.00	
50's with Pod C	95	0	0	95	$1,186.15	$1,186.15	$0.00	$0.00	$0.00	$1,086.96	$0.00	$0.00	$1,086.96	$0.00	$0.00	$2,273.11	$0.00	$0.00	$2,273.11	$0.00	
60's	184	123	61	0	$181.81	$181.81	$0.00	$1,564.13	$1,380.28	$0.00	$1,564.13	$1,380.28	$0.00	$1,745.94	$1,562.09	$0.00	$1,745.94	$1,562.09	$0.00	$0.00	
70's	6	6	0	0	$196.17	$196.17	$0.00	$1,688.04	$0.00	$0.00	$1,688.04	$0.00	$0.00	$1,884.21	$196.17	$0.00	$1,884.21	$196.17	$0.00	$0.00	
80's	1	1	0	0	$210.52	$210.52	$0.00	$1,811.20	$0.00	$0.00	$1,811.20	$0.00	$0.00	$2,021.72	$210.52	$0.00	$2,021.72	$210.52	$0.00	$0.00	
Manor/Duplex	4	4	0	0	$121.66	$121.66	$0.00	$1,046.69	$0.00	$0.00	$1,046.69	$0.00	$0.00	$1,168.35	$121.66	$0.00	$1,168.35	$121.66	$0.00	$0.00	
Total	734	276	244	213								

Neighborhood	O&M Units	Bonds Units 2020	Bonds Units 2020	Bonds Units 2020	
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 Master	
Pod C	Pod D (1,2&3)	
Pod E	
O&M	
O&M		
Pod C	Pod D (1,2&3)	
Pod E	
Pod C	Pod D (1,2&3)	
Pod E	
Pod C	Pod D (1,2&3)	
Pod E	
Pod C	Pod D (1,2&3)	
Pod E	
Total	
ON ROLL																					
40's	81	0	41	40	$136.70	$136.70	$0.00	$0.00	$1,176.09	$1,021.74	$0.00	$1,176.09	$1,021.74	$0.00	$1,312.79	$1,158.44	$0.00	$1,312.79	$1,158.44	$0.00	
40's with Pod C	87	87	0	0	$1,165.64	$1,165.64	$0.00	$1,086.96	$0.00	$0.00	$1,086.96	$0.00	$0.00	$2,252.60	$0.00	$0.00	$2,252.60	$0.00	$0.00	$0.00	
50's	190	0	93	97	$157.21	$157.21	$0.00	$0.00	$1,352.17	$1,175.00	$0.00	$1,352.17	$1,175.00	$0.00	$1,509.38	$1,332.21	$0.00	$1,509.38	$1,332.21	$0.00	
50's with Pod C	129	129	0	0	$1,186.15	$1,186.15	$0.00	$1,086.96	$0.00	$0.00	$1,086.96	$0.00	$0.00	$2,273.11	$0.00	$0.00	$2,273.11	$0.00	$0.00	$0.00	
60's	124	0	52	72	$181.81	$181.81	$0.00	$0.00	$1,564.13	$1,358.70	$0.00	$1,564.13	$1,358.70	$0.00	$1,745.94	$1,540.51	$0.00	$1,745.94	$1,540.51	$0.00	
70's	31	0	25	6	$196.17	$196.17	$0.00	$0.00	$1,687.74	$1,471.31	$0.00	$1,687.74	$1,471.31	$0.00	$1,883.91	$1,667.480	$0.00	$1,883.91	$1,667.48	$0.00	
80's	19	0	19	0	$210.52	$210.52	$0.00	$0.00	$1,810.87	$0.00	$0.00	$1,810.87	$0.00	$0.00	$2,021.39	$0.00	$0.00	$2,021.39	$0.00	$0.00	
Total	661	216	230	215								

Neighborhood	O&M Units	Bonds Units 2024	Bonds Units 2024	Bonds Units 2024	
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 Master		Pod D (4,5&6)	Pod D (7)	O&M	O&M			Pod D (4,5&6)	Pod D (7)		Pod D (4,5&6)	Pod D (7)		Pod D (4,5&6)	Pod D (7)		Pod D (4,5&6)	Pod D (7)	Total	
ON ROLL																					
40's	297		227	70	$136.70	$0.00	$136.70		$1,278.26	$1,278.26		$0.00	$0.00		$1,414.96	$1,414.96		$0.00	$0.00	$0.00	
50's	284		160	124	$157.21	$0.00	$157.21		$1,469.57	$1,469.57		$0.00	$0.00		$1,626.78	$1,626.78		$0.00	$0.00	$0.00	
60's	148		103	45	$181.81	$0.00	$181.81		$1,700.00	$1,700.00		$0.00	$0.00		$1,881.81	$1,881.81		$0.00	$0.00	$0.00	
70's	38		20	18	$196.17	$0.00	$196.17		$1,834.78	$1,834.78		$0.00	$0.00		$2,030.95	$2,030.95		$0.00	$0.00	$0.00	
Total	767		510	257								

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