Verano #2	
Community Development District	

Approved Proposed Budget	
FY 2025	

Table of Contents

1-2

3-5

6-9

10-13

14-15

	General Fund

	Narratives

	Debt Service Fund Series 2017

	Debt Service Fund Series 2020

	Debt Service Fund Series 2024

16		Assessment Schedule

Verano #2	
Community Development District	
Approved Proposed Budget	
General Fund	

REVENUES:

Special Assessments - Tax Roll/
Intergovernmental Transfer (1)	$443,733	$429,225	$12,193	$441,418	$456,275	
Interest Income	-	8,591	12,000	20,591	10,000	
Carry Forward Surplus	-	-	-	-	-	

TOTAL REVENUES	$443,733	$437,816	$24,193	$462,009	$466,275	

EXPENDITURES:

Administrative:						
Supervisor Fees	$-	$200	$600	$800	$4,800	
FICA Taxes	-	15	46	61	367	
Annual Audit	3,700	4,200	-	4,200	4,300	
Arbitrage Rebate	3,300	1,650	1,650	3,300	3,850	
Dissemination Agent	2,500	1,042	1,458	2,500	2,625	
Trustee Fees	19,150	9,105	10,045	19,150	24,650	
Website Maintenance	750	313	438	750	788	
Insurance General Liability	6,859	6,453	-	6,453	7,421	
Other Current Charges	1,197	126	1,071	1,197	1,197	
Dues, Licenses & Subscriptions	175	175	-	175	175	

TOTAL ADMINISTRATIVE	$37,631	$23,279	$15,307	$38,586	$50,173	

Operations & Maintenance

Field Maintenance - Pod C CrossTown						
Field Management	$6,000	$2,500	$3,500	$6,000	$6,300	
Electric Utility Services	17,600	4,653	8,400	13,053	17,600	
Electric Utility Services- Streetlights	24,200	8,429	12,648	21,077	24,200	
Irrigation Utility Services	$3,000	-	3,000	3,000	3,000	
Midge Control	4,000	-	4,000	4,000	4,000	
Landscape Maintenance	54,000	36,388	35,428	71,816	84,765	
Pest Control	1,800	-	1,800	1,800	1,800	
Entry & Walls Maintenance	4,000	-	4,000	4,000	4,000	
Plant Replacement	12,000	-	12,000	12,000	12,000	
Irrigation Maintenance	10,800	1,088	9,713	10,800	10,800	
Irrigation Water Monitoring	1,200	-	1,200	1,200	1,200	
Pump System Maintenance	6,000	-	6,000	6,000	6,000	
Trash Collection	-	-	-	-	840	
Street Sweeping	1,677	-	1,677	1,677	1,677	
Roadways Repairs & Maintenance	10,000	-	10,000	10,000	10,000	
Streetsigns Maintenance	10,000	886	9,114	10,000	10,000	
Pressure Cleaning	5,000	-	5,000	5,000	5,000	
Contingency	22,340	1,518	19,961	21,479	5,000	

TOTAL FIELD MAINTENANCE POD C CT	$193,617	$55,461	$147,441	$202,901	$208,182	

Verano #2	
Community Development District	
Approved Proposed Budget	
General Fund	

Amenity Center Maintenance						
Amenity Center Management	$6,000	$2,500	$3,500	$6,000	$6,300	
Clubhouse Maintenance	40,000	263	39,737	40,000	40,000	
Access Control	2,000	169	1,227	1,396	2,000	
Telephone/Internet	$840	318	450	768	840	
Electric Utility Services	11,000	2,021	3,600	5,621	7,200	
Water Utility Services	1,800	627	2,373	3,000	3,000	
Property Insurance	15,067	12,237	-	12,237	14,684	
Pool Maintenance	74,000	9,024	10,800	19,824	51,600	
Landscape Maintenance	14,936	15,612	4,968	20,580	19,930	
Pest Control	1,800	-	1,800	1,800	1,800	
Janitorial Services/Supplies	36,000	10,500	16,800	27,300	32,300	
A/C Maintenance	1,227	-	1,227	1,227	1,226	
Trash Collection	1,000	-	1,000	1,000	1,000	
Pressure Cleaning	5,000	-	5,000	5,000	5,000	
Contingency	1,815	-	74,769	74,769	21,040	

TOTAL AMENTIY CENTER MAINTENANCE	$212,485	$53,272	$167,250	$220,522	$207,920	

TOTAL EXPENDITURES	$443,733	$132,011	$329,998	$462,009	$466,275	

EXCESS REVENUES (EXPENDITURES)	$-	$305,805	$(305,805)	$-	$-	
(1) Transfers from Verano #5						

REVENUES	

Developer Assessments/ 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 assessment will be invoiced and collected directly.	
Interest Income
The District earns interest on the monthly average cllected balance of each of their investmen accounts.	

Expenditures - Administrative	

Supervisors Fees
Chapter 190 of the Florida Statutes allows for members of the Board of Supervisors to be compensated
$200 per meeting in which they attend.  The budgeted amount for the fiscal year is based on all supervisors attending 6 meetings.	
FICA Taxes
Payroll taxes on Board of Supervisor’s compensation. The budgeted amount for the fiscal year is calculated at 7.65% of the total Board of Supervisor’s payroll expenditures.	
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	
Arbitrage Rebate
The District has contracted with its independent auditors to annually calculate the arbitrage rebate liability on its	
Dissemination Agent
The bond indenture requests a special annual report on the District’s development activity. The District has contracted with GMS provide these reports. The amount is based upon the contract
amount.	
Trustee Fees
The District issued this Series of 2015 and 2017 Special Assessment Bonds that are deposited with a Trustee to handle all trustee matters.	
Management Fees
The District receives Management, Accounting and Administrative services as part of a Management Agreement with Inframark, LLC. The budgeted amount for the fiscal year is based on the contracted fees outlined in Exhibit "A" of the Management Agreement.	
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 Section 189.069 F.S, all Districts must have a website by October 1, 2015 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 as required by the Statute	
Insurance General Liability
The District's General Liability & Public Officials Liability Insurance policy is with Egis Insurance Agency, Inc. They specialize in providing insurance coverage to governmental agencies.	
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	
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 and streetlights.	
Irrigation Utility Services	
Water usage for irrigation	
Midge Control	
Costs for midge control of district’s lakes.	
Landscape Maintenance	
The district contracted Impact Landscaping & Irrigation LLC to service the common area of Cross Town. Mulch will be a separate	
Pest Control	
The district contracted NativeGreen Pest Control & Fertilization, LLC 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 thruout district.	
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 FirstService Residential to manage to manage the Amenity Center. The responsibilities include reviewing contracts and other maintenance related items.	
Clubhouse Maintenance	
The district has contracted FirstService Residential to manage the Clubhouse.	
Access Control	
The district will contract ADT for access control service.	

Expenditures - Amenity (continued)	
Telephone/Internet	
Blue Strem servie for phone and internet at the Amenity Center.	
Electric Utility Services	
Costs for electric for Amenity Center and surrounding.	
Water Utility Services	
Costs for water and waste at amenity center.	
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 Maintenance	
The district has an agreement with Gordon Sandy to maintain the community pool.	
Landscape Maintenance	
The district contracted Impact Landscaping & Irrigation LLC to service the amenity area of Cross Town. Mulch will be a separate	
Pest Control	
The district contracted NativeGreen Pest Control & Fertilization, LLC to 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.	
A/C Maintenance	
The district contracted Preferred Air Conditioning 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	
Approved Proposed Budget	
Debt Service Series 2017 Special Assessment Bonds	

Adopted Budget	
Actuals Thru	
Projected Next	
Projected Thru	Approved Proposed
Budget	
Description	FY2024	3/31/24	6 Months	9/30/24	FY 2025	

REVENUES:

Special Assessments Pod A - Tax Roll	$364,385	$356,267	$9,554	$365,821	$364,385	
Special Assessments Pod B - Tax Roll	271,950	265,892	7,130	273,022	271,950	
Special Assessments Pod C - Tax Roll	213,001	208,263	5,585	213,848	213,001	
Interest Income	5,000	30,887	10,000	40,887	15,000	
Carry Forward Balance (1)	702,796	689,178	-	689,178	781,521	

TOTAL REVENUES	$1,557,132	$1,550,486	$32,269	$1,582,755	$1,645,857	

EXPENDITURES:

Series 2017 - Pod A						
Interest - 11/01	$119,284	$119,284	$-	$119,284	$117,381	
Principal - 11/01	105,000	105,000	-	105,000	110,000	
Interest - 05/01	117,381	-	117,381	117,381	115,044	

Series 2017 - Pod B						
Interest - 11/01	93,731	93,731	-	93,731	92,281	
Principal - 11/01	80,000	80,000	-	80,000	85,000	
Interest - 05/01	92,281	-	92,281	92,281	90,475	

Series 2017 - Pod C						
Interest - 11/01	69,794	69,794	-	69,794	68,763	
Principal - 11/01	55,000	55,000	-	55,000	60,000	
Interest - 05/01	68,763	-	68,763	68,763	67,413	

TOTAL EXPENDITURES	$801,234	$522,809	$278,425	$801,234	$806,356	

Other Sources/(Uses)

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

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

TOTAL EXPENDITURES	$801,234	$522,809	$278,425	$801,234	$806,356	

EXCESS REVENUES (EXPENDITURES)	$755,897	$1,027,677	$(246,156)	$781,521	$839,501	

Pod A Principal - 11/1/25	$115,000	
Interest - 11/1/25	115,044	
Pod B Principal - 11/1/25	90,000	
Interest - 11/1/25	90,475	
Pod C Principal - 11/1/25	60,000	
Interest - 11/1/25 		67,413 	
Total	537,931	

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

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

11/01/24	$4,865,000	4.250%	$110,000	$117,381	$227,381	
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	$4,865,000	$3,565,319	$8,430,319	

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

11/01/24	$3,825,000	4.250%	$85,000	$92,281	$177,281	
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	$3,825,000	$2,799,894	$6,624,894	

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

11/01/24	$2,745,000	4.500%	$60,000	$68,763	$128,763	
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	$2,745,000	$2,086,500	$4,831,500	

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

Adopted Budget	
Actuals Thru	
Projected Next	
Projected Thru	Approved Proposed
Budget	
Description	FY2024	3/31/24	6 Months	9/30/24	FY 2025	

REVENUES:

Special Assessments Pod C - Tax Roll	$216,009	$209,620	$7,297	$216,917	$216,009	
Special Assessments Pod D (1,2,3) - Tax Roll	273,700	265,598	9,246	274,844	305,354	
Special Assessments Pod E - Tax Roll	27,530	26,715	930	27,645	240,579	
Special Assessments Pod D- Direct	31,654	-	31,654	31,654	-	
Special Assessments Pod E- Direct	213,049	-	213,049	213,049	-	
Interest Income	10,000	17,512	8,000	25,512	10,000	
Carry Forward Balance	281,763	283,613	-	283,613	348,859	

TOTAL REVENUES	$1,053,705	$803,058	$270,176	$1,073,234	$1,120,801	

EXPENDITURES:

Series 2020 - Pod C						
Interest - 11/01	$67,956	$67,956	$-	$67,956	$66,806	
Interest - 05/01	67,956	-	67,956	67,956	66,806	
Principal - 05/01	80,000	-	80,000	80,000	80,000	

Series 2020 - Pod D						
Interest - 11/01	89,338	89,338	$-	$89,338	87,828	
Interest - 05/01	89,338	-	89,338	89,338	87,828	
Principal - 05/01	105,000	-	105,000	105,000	105,000	

Series 2020 - Pod E						
Interest - 11/01	67,394	67,394	$-	$67,394	66,244	
Interest - 05/01	67,394	-	67,394	67,394	66,244	
Principal - 05/01	80,000	-	80,000	80,000	80,000	

TOTAL EXPENDITURES	$714,375	$224,688	$489,688	$714,375	$706,756	

Other Sources/(Uses)

Transfer in/(Out)	$(10,000)	$(6,219)	$(3,781)	$(10,000)	$(10,000)	

TOTAL OTHER SOURCES/(USES)	$(10,000)	$(6,219)	$(3,781)	$(10,000)	$(10,000)	

TOTAL EXPENDITURES	$724,375	$230,907	$493,468	$724,375	$716,756	

EXCESS REVENUES (EXPENDITURES)	$329,330	$572,151	$(223,292)	$348,859	$404,045	

Pod C Interest - 11/1/25	$65,656	
Pod D Interest - 11/1/25	86,319	
Pod E Interest - 11/1/25 		65,094 	
Total	217,069	

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

11/01/24	$3,465,000	2.875%	$-	66,806	$66,806	
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			$3,465,000	$2,151,313	$5,616,313	

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

11/01/24	$4,555,000	2.875%	$-	$87,828	$87,828	
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			$4,555,000	$2,827,981	$7,382,981	

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

11/01/24	$3,435,000	2.875%	$-	$66,244	$66,244	
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			$3,435,000	$2,131,650	$5,566,650	

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

Adopted Budget	
Actuals Thru	
Projected Next	
Projected Thru	Approved Proposed
Budget	
Description	FY2024	3/31/24	6 Months	9/30/24	FY 2025	

REVENUES:

Special Assessments Pod D (4,5,6) - Direct Bill	$-	$-	$-	$-	$680,061	
Interest Income	-	-	-	-	-	
Carry Forward Balance	-	-	-	-	-	

TOTAL REVENUES	$-	$-	$-	$-	$680,061	

EXPENDITURES:

Interest - 11/01	$-	$-	$-	$-	$-	
Interest - 05/01	-	-	-	-	-	
Principal - 05/01	-	-	-	-	-	

TOTAL EXPENDITURES	$-	$-	$-	$-	$-	

Other Sources/(Uses)

Bond Proceed	$-	$-	$-	$-	$-	
Transfer in/(Out)	-		-	-	-	

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

TOTAL EXPENDITURES	$-	$-	$-	$-	$-	

EXCESS REVENUES (EXPENDITURES)	$-	$-	$-	$-	$680,061	

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	

05/01/24	$9,620,000	0.000%	$-	$-	$-	
11/01/24	9,620,000	0.000%	-	-		
05/01/25	9,620,000	0.000%	-	-	-	
11/01/25	9,620,000	0.000%	-	-		
05/01/26	9,620,000	0.000%	-	-	-	
11/01/26	9,620,000	0.000%	-	-		
05/01/27	9,620,000	0.000%	-	-	-	
11/01/27	9,620,000	0.000%	-	-		
05/01/28	9,620,000	0.000%	-	-	-	
11/01/28	9,620,000	0.000%	-	-		
05/01/29	9,620,000	0.000%	-	-	-	
11/01/29	9,620,000	0.000%	-	-		
05/01/30	9,620,000	0.000%	-	-	-	
11/01/30	9,620,000	0.000%	-	-		
05/01/31	9,620,000	0.000%	-	-	-	
11/01/31	9,620,000	0.000%	-	-		
05/01/32	9,620,000	0.000%	-	-	-	
11/01/32	9,620,000	0.000%	-	-		
05/01/33	9,620,000	0.000%	-	-	-	
11/01/33	9,620,000	0.000%	-	-		
05/01/34	9,620,000	0.000%	-	-	-	
11/01/34	9,620,000	0.000%	-	-		
05/01/35	9,620,000	0.000%	-	-	-	
11/01/35	9,620,000	0.000%	-	-		
05/01/36	9,620,000	0.000%	-	-	-	
11/01/36	9,620,000	0.000%	-	-		
05/01/37	9,620,000	0.000%	-	-	-	
11/01/37	9,620,000	0.000%	-	-		
05/01/38	9,620,000	0.000%	-	-	-	
11/01/38	9,620,000	0.000%	-	-		
05/01/39	9,620,000	0.000%	-	-	-	
11/01/39	9,620,000	0.000%	-	-		
05/01/40	9,620,000	0.000%	-	-	-	
11/01/40	9,620,000	0.000%	-	-		
05/01/41	9,620,000	0.000%	-	-	-	
11/01/41	9,620,000	0.000%	-	-		
05/01/42	9,620,000	0.000%	-	-	-	
11/01/42	9,620,000	0.000%	-	-		
05/01/43	9,620,000	0.000%	-	-	-	
11/01/43	9,620,000	0.000%	-	-		
05/01/44	9,620,000	0.000%	-	-	-	
11/01/44	9,620,000	0.000%	-	-		
05/01/45	9,620,000	0.000%	-	-	-	
11/01/45	9,620,000	0.000%	-	-		
05/01/46	9,620,000	0.000%	-	-	-	
11/01/46	9,620,000	0.000%	-	-		
05/01/47	9,620,000	0.000%	-	-	-	
11/01/47	9,620,000	0.000%	-	-		
05/01/48	9,620,000	0.000%	-	-	-	
11/01/48	9,620,000	0.000%	-	-		
05/01/49	9,620,000	0.000%	-	-	-	
11/01/49	9,620,000	0.000%	-	-		
05/01/50	9,620,000	0.000%	-	-	-	
11/01/50	9,620,000	0.000%	-	-		
05/01/51	9,620,000	0.000%	-	-	-	
11/01/51	9,620,000	0.000%	-	-		
05/01/52	9,620,000	0.000%	-	-	-	
11/01/52	9,620,000	0.000%	-	-		
05/01/53	9,620,000	0.000%	-	-	-	
11/01/53	9,620,000	0.000%	-	-	-	
Total		$-	$-	$-		

Verano #2	
Community Development District	
Non-Ad Valorem Assessments Comparison	
2024-2025	

Neighborhood	O&M Units	O&M Units	Bonds Units 2017	Bonds Units 2017	Bonds Units 2017	
Annual Maintenance Assessments	
Annual Debt Assessments	
Total Assessed Per Unit		
	FY 2025	FY 2024	Increase/ (decrease)	FY 2025	FY 2024	FY 2025	FY 2024	Increase/ (decrease)	
	O&M Master	O&M Pod C	Pod A	Pod B	Pod C	O&M Master	O&M Pod C	O&M Master	O&M Pod C		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	189	118	26	45	118	$136.70	$1,028.94	$136.70	$1,028.94	$0.00	$1,176.09	$1,037.80	$1,086.96	$1,176.09	$1,037.80	$1,086.96	$1,312.79	$1,174.50	$2,252.60	$1,312.79	$1,174.50	$2,252.60	$0.00	
50's	350	95	116	138	95	$157.21	$1,028.94	$157.21	$1,028.94	$0.00	$1,353.26	$1,193.48	$1,086.96	$1,353.26	$1,193.48	$1,086.96	$1,510.47	$1,350.69	$2,273.11	$1,510.47	$1,350.69	$2,273.11	$0.00	
60's	184	0	123	61	0	$181.81	$0.00	$181.81	$0.00	$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	0	6	0	0	$196.17	$0.00	$196.17	$0.00	$0.00	$1,688.04	$0.00	$0.00	$1,688.04	$0.00	$0.00	$1,884.21	$0.00	$0.00	$1,884.21	$0.00	$0.00	$0.00	
80's	1	0	1	0	0	$210.52	$0.00	$210.52	$0.00	$0.00	$1,811.20	$0.00	$0.00	$1,811.20	$0.00	$0.00	$2,021.72	$0.00	$0.00	$2,021.72	$0.00	$0.00	$0.00	
Manor/Duplex	4	0	4	0	0	$121.66	$0.00	$121.66	$0.00	$0.00	$1,046.69	$0.00	$0.00	$1,046.69	$0.00	$0.00	$1,168.35	$0.00	$0.00	$1,168.35	$0.00	$0.00	$0.00	
Total	734	213	276	244	213								

Neighborhood	O&M Units	O&M Units	Bonds Units 2020	Bonds Units 2020	Bonds Units 2020	
Annual Maintenance Assessments	
Annual Debt Assessments	
Total Assessed Per Unit		
	FY 2025	FY 2024	Increase/ (decrease)	FY 2025	FY 2024	FY 2025	FY 2024	Increase/ (decrease)	
	O&M Master	O&M Pod C	
Pod C	Pod D (1,2&3)	
Pod E	O&M Master	O&M Pod C	O&M Master	O&M Pod C		
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	129	87	87	41	40	$136.70	$1,028.94	$136.70	$1,028.94	$0.00	$1,086.96	$1,176.00	$1,021.74	$1,086.96	$1,176.00	$1,021.74	$2,252.60	$1,312.70	$1,158.44	$2,252.60	$1,312.70	$1,158.44	$0.00	
50's	228	129	129	93	97	$157.21	$1,028.94	$157.21	$1,028.94	$0.00	$1,086.96	$1,352.00	$1,175.00	$1,086.96	$1,352.00	$1,175.00	$2,273.11	$1,509.21	$1,332.21	$2,273.11	$1,509.21	$1,332.21	$0.00	
60's	67	0	0	52	72	$181.81	$0.00	$181.81	$0.00	$0.00	$0.00	$1,564.00	$1,358.70	$0.00	$1,564.00	$1,358.70	$0.00	$1,745.81	$1,540.51	$0.00	$1,745.81	$1,540.51	$0.00	
70's	26	0	0	25	6	$196.17	$0.00	$196.17	$0.00	$0.00	$0.00	$1,688.00	$1,471.31	$0.00	$1,688.00	$1,471.31	$0.00	$1,884.17	$1,667.48	$0.00	$1,884.17	$1,667.48	$0.00	
80's	0	0	0	19	0	$210.52	$0.00	$210.52	$0.00	$0.00	$0.00	$1,811.00	$0.00	$0.00	$1,811.00	$0.00	$0.00	$2,021.52	$0.00	$0.00	$2,021.52	$0.00	$0.00	
Total	450	216	216	230	215								

Neighborhood	O&M Units	Bonds Units 2024	
Annual Maintenance Assessments	
Annual Debt Assessments	
Total Assessed Per Unit		
	FY 2025	FY 2024	Increase/ (decrease)	FY 2025	FY 2024	FY 2025	FY 2024	Increase/ (decrease)	
	O&M Master	Pod D (4,5,6)	O&M Master	O&M Master				Pod D (4,5,6)						Pod D (4,5,6)					Total	
DIRECT BILL																				
40's	227	227	$136.70	$0.00		$136.70		$1,278.26			$0.00			$1,414.96			$0.00		$1,414.96	
50's	173	173	$157.21	$0.00		$157.21		$1,469.57			$0.00			$1,626.78			$0.00		$1,626.78	
60's	93	93	$181.81	$0.00		$181.81		$1,700.00			$0.00			$1,881.81			$0.00		$1,881.81	
70's	20	20	$196.17	$0.00		$196.17		$1,834.78			$0.00			$2,030.95			$0.00		$2,030.95	
80's	0	0	$0.00	$0.00		$0.00		$0.00			$0.00			$0.00			$0.00		$0.00	
Total	513	513								

Page 16