Botaniko	
Community Development District	

Unaudited Financial Reporting	
March 31, 2025	

Table of Contents

	Balance Sheet

	General Fund

	Debt Service Fund Series 2020

	Capital Projects Fund Series 2020

	Month to Month

	Long Term Debt Report

	Assessment Receipt Schedule

Botaniko	
Community Development District	
Combined Balance Sheet	
March 31, 2025	
General	Debt Service	Capital Project	Totals	
Fund	Fund	Fund	Governmental Funds	

Fund Balance:	
Nonspendable:	
Prepaid Items	
Restricted for:	
Debt Service - Series	
Capital Project - Series	
Unassigned	

-	
1,596	
-	

558,372	
1,596	
121,497	

Assets:	
Cash:	
Operating Account	

$	138,033	$	-	$	-	$	138,033

Investments:	
Series 2020	
Reserve	
Revenue	
Acq & Construction	

-	
-	
-	

214,669	
332,268	
-	

-	
-	
1,596	

-	
214,669	
332,268	
1,596	

Due from General	
Prepaid Expenses	

11,435	
-	

11,435	-
-

Total Assets	$	138,033	$	558,372	$	1,596	$	698,001	
Liabilities:	
Accounts Payable	$	5,101	$	-		$	-		$	5,101	
Due to Debt Service	11,435		-		-	11,435	

Total Liabilites	$	16,535	$	-	$	-	$	16,535	

	$	-	$	-	$	-	$	-	
					
	-	558,372			
					
	$121,497	-			
Total Fund Balances	$	121,497	$	558,372	$	1,596	$	681,465	
					
Total Liabilities & Fund Balance	$	138,033	$	558,372	$	1,596	$	698,001	

Page 1

Botaniko	
Community Development District	
General Fund	
Statement of Revenues, Expenditures, and Changes in Fund Balance	
For The Period Ending March 31, 2025	

Adopted	Prorated Budget	Actual	
Budget	Thru 03/31/25	Thru 03/31/25	Variance	

Revenues:		
Special Assessments - On Roll	$  75,000	

$  51,072	$  51,072	$	-

Total Revenues	$ 75,000	$ 51,072	$ 51,072	$	-	
Expenditures:					
General & Administrative:					
Engineering	$	5,000	$	2,500	$	1,733	$	768	
Attorney	15,000	7,500	3,225	4,275	
Annual Audit	4,600	4,600	4,600	-	
Assessment Roll	400	400	400	-	
Arbitrage Rebate	550	550	550	-	
Dissemination Agent	2,500	1,250	1,250	-	
Trustee Fees	4,041	4,041	4,041	-	
Management Fees	23,793	11,897	11,897	-	
Property Appraiser	1,157	1,157	400	757	
Website Maintenance	1,733	867	867	-	
Telephone	150	75	-	75	
Postage & Delivery	400	200	51	149	
Insurance General Liability	6,000	6,000	6,017	(17)	
Printing & Binding	700	350	1	349	
Legal Advertising	2,500	1,250	-	1,250	
Other Current Charges	1,500	750	623	127	
Property Taxes	-	-	1,038	(1,038)	
Office Supplies	149	74	-	74	
Dues, Licenses & Subscriptions	175	175	175	-	
Contingency	4,653	4,653	-	4,653	
Total Expenditures	$ 75,000	$ 48,287	$ 36,867	$	11,421	

Excess (Deficiency) of Revenues over Expendi	$	-	$	2,785	$  14,205	$	11,421	

Total Other Financing Sources/(Uses)	$	-	$	-	$	-	$	-	
	
Net Change in Fund Balance	$	-	$	2,785	$ 14,205	$	11,421	
	
Fund Balance - Beginning	$	-		$ 107,292		
	
Fund Balance - Ending	$	-		$ 121,497		

Page 2

Botaniko	
Community Development District	
Debt Service Fund Series 2020	
Statement of Revenues, Expenditures, and Changes in Fund Balance	
For The Period Ending March 31, 2025	

Adopted	Prorated Budget	Actual	
Budget	Thru 03/31/25	Thru 03/31/25	Variance	

Revenues:		
Special Assessments - On Roll	$ 429,337	
Interest Income	5,000	

$	429,337	
5,000	

$	215,889	
8,526	

$ 213,448	
(3,526)	

Total Revenues	$ 434,337	$  434,337	$  224,416	$ 209,922	
Expenditures:		
Interest Expense - 11/01	$ 130,891	$	130,891	$	130,891	$	-	
Interest Expense - 05/01	130,891	-	-	-	
Principal Expense - 05/01	170,000	-	-	-	
Total Expenditures	$ 431,782	$  130,891	$  130,891	$	-	

Excess (Deficiency) of Revenues over Expendi	$	2,555	$	303,447	$	93,525	$ 209,922	

Total Other Financing Sources/(Uses)	$	-	$	-	$	-	$	-	
		
Net Change in Fund Balance	$	2,555	$  303,447	$	93,525	$ 209,922	
		
Fund Balance - Beginning	$ 199,039	$	464,847	
		
Fund Balance - Ending	$ 201,594	$	558,372	

Page 3

Botaniko
Community Development District Capital Projects Fund Series 2020
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending March 31, 2025

Adopted	Prorated Budget	Actual		
Budget	Thru 03/31/25	Thru 03/31/25	Variance	
Revenues
Interest Income	

$	-	$	-	$	32	

$	32	
Total Revenues	$	-	$	-	$	32	$	32	
Expenditures:
Capital Outlay	

$	-	$	-	$	-	

$	-	
Total Expenditures	$	-	$	-	$	-	$	-	
			
Excess (Deficiency) of Revenues over Expendi	$	-	$	-	$	32	$	32	
			
Total Other Financing Sources (Uses)	$	-	$	-	$	-	$	-	
			
Net Change in Fund Balance	$	-	$	32	$	32	
			
Fund Balance - Beginning	$	1,564		
			
Fund Balance - Ending	$	-	$	1,596		

Page 4

Botaniko	
Community Development District	
Month to Month	

Revenues:	Oct	Nov	Dec	Jan	Feb	March	April	May	June	July	Aug	Sept	Total	
Special Assessments - On Roll	$	158	$	4,581	$ 41,049	$	891	$  2,499	$  1,894	$	-	$	-	$	-	$	-	$	-	$	-	$	51,072	
Total Revenues	$	158	$  4,581	$ 41,049	$	891	$ 2,499	$ 1,894	$	-	$	-	$	-	$	-	$	-	$	-	$  51,072	
Expenditures:														
General & Administrative:														
Engineering	$	-	$	1,260	$	420	$	53	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	1,733	
Attorney	570	500	500	500	645	510	-	-	-	-	-	-	3,225	
Annual Audit	-	-	1,000	-	3,600	-	-	-	-	-	-	-	4,600	
Assessment Roll	400	-	-	-	-	-	-	-	-	-	-	-	400	
Arbitrage Rebate	-	-	-	-	-	550	-	-	-	-	-	-	550	
Dissemination Agent	208	208	208	208	208	208	-	-	-	-	-	-	1,250	
Trustee Fees	-	-	-	-	-	4,041	-	-	-	-	-	-	4,041	
Management Fees	1,983	1,983	1,983	1,983	1,983	1,983	-	-	-	-	-	-	11,897	
Property Appraiser	-	400	-	-	-	-	-	-	-	-	-	-	400	
Website Maintenance	144	144	144	144	144	144	-	-	-	-	-	-	867	
Telephone	-	-	-	-	-	-	-	-	-	-	-	-	-	
Postage & Delivery	40	2	3	3	1	2	-	-	-	-	-	-	51	
Insurance General Liability	6,017	-	-	-	-	-	-	-	-	-	-	-	6,017	
Printing & Binding	-	0	1	-	-	-	-	-	-	-	-	-	1	
Legal Advertising	-	-	-	-	-	-	-	-	-	-	-	-	-	
Other Current Charges	109	130	50	107	112	116	-	-	-	-	-	-	623	
Property Taxes	-	1,038	-	-	-	-	-	-	-	-	-	-	1,038	
Office Supplies	-	-	-	-	-	-	-	-	-	-	-	-	-	
Dues, Licenses & Subscriptions	175	-	-	-	-	-	-	-	-	-	-	-	175	
Contingency	-	-	-	-	-	-	-	-	-	-	-	-	-	
Total Expenditures	$  9,647	$  5,666	$  4,309	$  2,998	$ 6,694	$ 7,554	$	-	$	-	$	-	$	-	$	-	$	-	$  36,867	

Excess (Deficiency) of Revenues o	$  (9,488)	$  (1,084)	$ 36,739	$ (2,107)	$ (4,194)	$ (5,660)	$	-	$	-	$	-	$	-	$	-	$	-	$	14,205	

Net Change in Fund Balance	$ (9,488)	$ (1,084)	$ 36,739	$ (2,107)	$ (4,194)	$ (5,660)	$	-	$	-	$	-	$	-	$	-	$	-	$  14,205	

Page 5

Botaniko	
Community Development District	
Long Term Debt Report	

	

	

	

	

Special Assessment Bonds, Series 2020

Original Issue Amount:	$7,640,000.00

Term 1:	$800,000.00	
Interest Rate:	2.88%	
Maturity Date:	May 1, 2025

Term 2:	$1,130,000.00
Interest Rate:	3.25%
Maturity Date:	May 1, 2031

Term 3:	$2,195,000.00
Interest Rate:	3.63%
Maturity Date:	May 1, 2040

Term 4:	$3,515,000.00
Interest Rate:	4.00%
Maturity Date:	May 1, 2050

Reserve Fund Definition	50% of Maximum Annual Debt Service Reserve Fund Requirement		$214,669
Reserve Fund Balance	214,669

Bonds Outstanding - 2/14/2020	$7,640,000
Less: Principal Payment - 5/1/21	($150,000)
Less: Principal Payment - 5/1/22	($155,000)
Less: Principal Payment - 5/1/23	($160,000)
Less: Principal Payment - 5/1/24	($165,000)

Current Bonds Outstanding	$7,010,000	

Page 6

Botaniko
COMMUNITY DEVELOPMENT DISTRICT
Special Assessment Receipts - Broward County Fiscal Year 2025
							
					Gross Assessments	$	79,787.50	$	456,741.66	$	536,529.16	
					Net Assessments	$	75,000.25	$	429,337.16	$	504,337.41	
ON ROLL ASSESSMENTS				
					allocation in %	14.87%	85.13%	100.00%	
Date	Gross Amount	Discount/ (Penalty)	Commission	Interest	Net Receipts	O&M Portion	2020
Debt Service	Total	

10/25/24	
-	
-	
-	
158.19	
158.19	
158.19	
-	
158.19	
11/22/24	19,185.42	806.84	20.22	-	18,358.36	4,581.49	13,776.87	18,358.36	
12/06/24	72,496.30	2,899.79	76.56	-	69,519.95	14,078.18	55,441.77	69,519.95	
12/18/24	118,674.94	4,669.94	125.40	-	113,879.60	25,115.03	88,764.57	113,879.60	
12/27/24	19,259.52	577.77	20.55	-	18,661.20	1,855.41	16,805.79	18,661.20	
01/06/25	8,052.64	241.58	8.59	-	7,802.47	775.77	7,026.70	7,802.47	
01/07/25	-	-	-	0.01	0.01	0.01	-	0.01	
01/24/25	-	-	-	115.00	115.00	115.00	-	115.00	
02/14/25	25,679.36	513.59	27.68	-	25,138.09	2,499.38	22,638.71	25,138.09	
03/14/25	13,477.98	134.78	14.68	-	13,328.52	1,893.67	11,434.85	13,328.52	
	-	-	-	-	-	-	-	-	
TOTAL	$	276,826.16	$	9,844.29	$	293.68	$	273.20	$	266,961.39	$	51,072.14	$	215,889.25	$	266,961.39	

93.90%	Percent Collected	
$	32,737.50	Balance Remaining to Collect	

Page 7

Botaniko	
COMMUNITY DEVELOPMENT DISTRICT	

Fiscal Year 2025	
Check Register	

2/1/25 - 3/31/25

Date

check #'s

Amount

2/1 - 2/28	199 - 203	$13,883.58	

3/1 - 3/31	204 - 207	25,673.78	

TOTAL	$39,557.36	

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	4/24/25	PAGE	1
*** CHECK DATES 02/01/2025 - 03/31/2025 ***	BOTANIKO CDD - GENERAL FUND
BANK A BOTANIKO CDD
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
2/13/25 00007	1/06/25 8214	202412 310-51300-31100	*	420.00
ENGINEERING SV 11/30-1/3
ALVAREZ ENGINEERS, INC.	420.00 000199
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/13/25 00003	1/31/25 191696	202501 310-51300-31500	*	500.00
JAN 25 - GENERAL COUNSEL
BILLING, COCHRAN, LYLES, MAURO	500.00 000200
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/13/25 00013	2/13/25 02132025 202502 300-20700-10100	*	7,026.70
TRANSFER OF TAX RECEIPTS
BOTANIKO CDD	7,026.70 000201
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/13/25 00001	2/01/25 68	202502 310-51300-34000	*	1,982.75
FEB 25 - MGMT FEES
2/01/25 68	202502 310-51300-31300	*	208.33
FEB 25 - DISSEMINATION
2/01/25 68	202502 310-51300-49500	*	144.42
FEB 25 - WEBSITE ADMIN
2/01/25 68	202502 310-51300-42000	*	1.38
FEB 25 - POSTAGE
GMS-SF, LLC	2,336.88 000202
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/13/25 00010	2/04/25 26746	202502 310-51300-32200	*	3,600.00
AUDIT FYE 09/30/2024
GRAU AND ASSOCIATES	3,600.00 000203
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/07/25 00007	2/10/25 8258	202501 310-51300-31100	*	52.50
ENGINEER SV 1/1-1/31/25
ALVAREZ ENGINEERS, INC.	52.50 000204
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/07/25 00001	3/01/25 69	202503 310-51300-34000	*	1,982.75
MAR 25 - MGMT FEES
3/01/25 69	202503 310-51300-31300	*	208.33
MAR 25 - DISSEMINATION
3/01/25 69	202503 310-51300-49500	*	144.42
MAR 25 - WEBSITE ADMIN
3/01/25 69	202503 310-51300-42000	*	2.07
MAR 25 - POSTAGE
GMS-SF, LLC	2,337.57 000205
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/17/25 00003	2/28/25 192147	202502 310-51300-31500	*	645.00
FEB 25 - GENERAL COUNSEL
BILLING, COCHRAN, LYLES, MAURO	645.00 000206
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/17/25 00013	3/14/25 03142025 202503 300-20700-10100	*	22,638.71
TRANSFER OF TAX RECEIPTS
BOTANIKO CDD	22,638.71 000207
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
TOTAL FOR BANK A	39,557.36
BOTA BOTANIKO	SRINKUS

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	4/24/25	PAGE	2
*** CHECK DATES 02/01/2025 - 03/31/2025 ***	BOTANIKO CDD - GENERAL FUND
BANK A BOTANIKO CDD
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#

TOTAL FOR REGISTER	39,557.36

BOTA BOTANIKO	SRINKUS