Windward
Community Development District

Workshop Meeting

Wednesday	Four Seasons Clubhouse
April 16, 2025	7813 Four Seasons Blvd.
10:00 AM	Kissimmee, FL

Call to Order
Roll Call
HOA Updates/ Requests
Developer Discussion
Engineering Items
Completion of CDD Infrastructure
Counsel Items
Maintenance Items
Prince & Sons Updates
Discussion of Proposals
Proposal to Replace Gate Motors at Sandhill Road
Proposal for Monument Fountain Maintenance
Management Items
Review of Task List
Discussion of Fiscal Year 2026 Proposed Budget
District Checks- Review for Agenda
8. Adjournment

Section VII

Section B

Section 1

Itemized Quote

1028 West Washington Street Orlando, FL 32805 Phone: 407-422-8850
Email: servicefl@guardianaccess.com

Date: Invoice #: Client #:

04/01/2025
251739
813

Billed To:

Windward CDD

Property:

2200 Formosa Gardens Blvd

C/O Govermental Management Services 6200 Lee Vista Blvd, Suite 300
Orlando FL 32822

Kissimmee FL 34747

Contact:

SEND INVOICES TO

Phone:

Quantity	Description	Ext. Price	
2.0000	MOTOR 24VDC 1/2HP	$2,076.36	
2.0000	Labor	$390.00	
1.0000	Trip Charge	$70.00	
1.0000	Shipping & Handling	$124.58	

QUOTE DETAILS:
4/1/25 SA (JN)
SANDHILL RD./FOUR SEASONS BLVD. GATE - During a recent service call, the technician determined that the motors at both entrance operators need to be replaced.

This estimate is based on all other components of the system being in working condition. If during the course of the installation any other items need repair or malfunction we can repair them as necessary at an additional charge.
The customer may terminate this contract for any reason by giving a notice in writing to Access Control Systems, LLC dba Guardian Access Solutions within three (3) business days of the date the contract is signed. Such termination shall not be deemed a breach of contract. Customer agrees to pay ACS for all unpaid invoices, for the cost reasonably incurred in anticipation for performance of the services and uncompensated staff time and expenses up to the date of termination.

Non-Taxable Amount:	2,660.94 Taxable Amount:		0.00
Sales Tax:	0.00	
Quote Total:	$	2,660.94	

I accept this quote as written and understand there may be additional parts needed due to unseen field conditions or parts which could not be field tested.

By:		 Date:	PO#:	 

Section 2

FOUNTAIN SERVICE PROPOSAL FOR WINDWARD CDD

2x fountains 6 x days a week fountain service including chemicals	$750 per month.
*Will also include pintail drain and clean of fountain and back wall*

FOUNTAIN CLEANING DUTIES
Test pool water on each visit and adjust Chlorine and PH levels if required.
Vacuum or net fountain on each visit. Brush walls and floor as required.
Backwash filters to maintain flow.
Report any faults in pool equipment to management and once approved carry out repairs.
Clean tile as required.

Thank you,

Simon McDonnell
Operations Manager

Section VII

Section A

Windward CDD - Action Items 4/16/25

Category	Description	Latest Update	Projected Start/End Date	Responsible Party	Last Update

Landscape	

Watering Schedule	Watering schedule for both the CDD and HOA is Monday and Friday, 12:01 AM - 09:59 AM ; 10 AM - 4 PM NO WATERING ; 4:01 PM - 11:59 PM. CDD to install locks to
prevent schedules from being adjusted without permission.	

COMPLETE	

GMS Field/Prince and Sons	

4/2/25	

Landscape	

Tree and Shrub Trimming Schedules	Palm pruning for areas P and S are responsible for should be completed at this time.
General tree / shrub pruning is currently underway. We have transitioned to weekly servicing so everything should be trimmed or pruned by the end of April.		

GMS Field/Prince and Sons	

4/2/25	
Landscape	Shrubs Near Cart Paths	Proposal Received from P and S - Awaiting Revised Proposal		GMS Field/Prince and Sons	3/6/25	
Landscape	Reporting	All Reports		GMS Field/Prince and Sons	3/6/25	
Landscape	Demand Letter To Juniper	Items compiled, finailizing letter		G. Bobnik/Counsel/GMS	3/6/25	
Landscape	7940 Tree Removal	Will Evaluate - John Lopez		GMS Field	3/10/25	
Landscape	Prince - Punch List	Prince to provide site issues as of start date		P and S/GMS Field	3/10/25	
Landscape	Prince - Paid for Tree Straightening - Not Completed	GMS to review		P and S/GMS Field	3/10/25	
Landscape	Palm Tree Analysis	Prince to Perform Evaluation on Palms		P and S/GMS Field	3/10/25	
Landscape	Sod Replacement/Tree Leaning - Developer Funding	Awaiting Revised ULS Proposal Breaking those Amounts Out		GMS Field	3/6/25	
Landscape	Cleanup Behind Flora Pass Fence	Prince to Review		P and S/GMS Field	3/10/25	
Landscape	Contract Breakdown by Service, and not Level Payments	Prince to Review		P and S/GMS Field	3/10/25	
Landscape	Soil Samples	Sent to Board 3/11/25		P and S/GMS Field	3/11/25	
Landscape - Irrigation	Completion of System to Two-wire	Awainting Final Confirmation from Khov		Developer	3/6/25	
Landscape - Irrigation	Proposal to Evaluate System with Recommendations	Received HOA Proposal from IDS, staff seeking second bid, staff developed scope		GMS Field	3/10/25	
Landscape - Irrigation	Capping Common Area Trees	Awaiting Updated Proposal from Prince and Sons - GMS Verifying		P and S/GMS Field	4/2/25	
Landscape - Irrigation	Capping Verge Trees	Contract Executed - 3/27/25	Expected by 4/11/25	ULS/GMS Field	4/2/25	
Landscape - Irrigation	Discuss Improvements for Water Reduction Throughout	Awaiting Further Input from Board/Proposals from Vendors		CDD Board	3/19/25	
Roads/Sidewalks	Depression Flora Pass and Four Seasons	Awaiting Engineering Scope		Saha	3/6/25	
Roads/Sidewalks	Signage Review - Behind Trees, Missing Signs	Awaiting Staff Full Review		GMS Field	3/6/25	
Roads/Sidewalks	Pot Holes/Broken Pavers	Need to evaluate throughout community		GMS Field	3/10/25	
Roads/Sidewalks	Broken Curbs/Not Draining	Need to evaluate throughout community		GMS Field	3/10/25	
Roads/Sidewalks	Future Costs - Sealing/Resurfacing	Need Estimate for Capital Reserves		GMS Field	3/10/25	
Stormwater	Trees on Storm Structure/Drains	Need to evaluate throughout community		GMS Field	3/10/25	
Stormwater	Ponds Not completed - No Rip Rap/Undermining	Engineer to Review		Engineer	3/10/25	
Stormwater	Developer appears to have not completed property	Engineer to Review		Engineer	3/10/25	
Street Lights/Lights	Duke Slip Covers Missing - From Email 3/19/25 - Expected Repair June 2025	Via Email L. McWilliams expeced June 2025 - last update 3/19		GMS	3/19/25	
Street Lights/Lights	Landscape Lighting Adjustments	Approved at February 2025 Meeting - In Progress	Expected by 4/18/25	GMS Field	3/6/25	
Street Lights/Lights	Review Duke Contracts	Board to Review Contracts		CDD Board	3/10/25	
Street Lights/Lights	Trees growing into Street Lights	Discussion of responsibility and Next steps		CDD Board	3/10/25	
Reclaimed Water	Meter 21007930 Rates Update	Awaiting Map from Engineer to provide to TOHO to covert to commercial	Expected by 4/4/25	GMS/Saha	4/2/25	
Reclaimed Water	Discuss Responses to TOHO Questions	To Be Added to March 2025 Workshop		GMS/Counsel	3/10/25	
Reclaimed Water	Reclaimed Water Agremeent from 12/6/18 Discussion	To Be Added to March 2025 Workshop		GMS/Counsel	3/10/25	
Mystic Dunes	Review of Front Entrance Easement - Review for Possible CDD Acceptance	Meeting Held 3/7/25 Onsite - Awaiting Khov input - Emailed Khov on 3/19/25		GMS/Khov	3/19/25	

Mystic Dunes	
Ownership of Well	
Awaiting Input from MD on Well Usage/Possible Easement - Counsel Requesting Info		
GMS/Counsel	
3/18/25	
Mystic Dunes	Hole #1 Drain Clean Up	Approved by Engineer - Expected in March/April 2025		GMS/Saha	3/19/25	
Mystic Dunes	Hole #4 Drain Clean Up	Approved by Engineer - Expected in March/April 2026		GMS/Saha	3/19/25	
Overall - Oak Hill Trail Infractions	Resident Home Structures on CDD Property	Reported to Code Enforcement - Awaiting Response - Sent Again 3/19/25		GMS	3/19/25	
Overall - Property Acceptance	Review all Plats to be Turned Over for Engineer Approval	Awaiting Confirmation from Engineer on Projection Completion		Saha	3/6/25	
Overall - GMS Field Contract	Review GMS Field Contract	GMS Provided Revised Proposal to CDD Board - Implement 10/1/25		GMS Field	3/12/25	
Overall - Bond Dispersement Request	Pull All Bond Disbursements	GMS to Review/Provide		GMS	3/10/25	
Overall - Development Punch List Items	Review with CDD Staff After Khov Review	KHov to review and provide list of items		Counsel/GMS	3/10/25	

Updated 4/9/25

Section B

Windward
Community Development District

Proposed Budget
FY2026

6M3

Table of Contents

1-2	General Fund	

3-7	

General Fund Narrative	

8	

Debt Service Fund Series 2018 A-1	

9-10	

Amortization Schedule Series 2018 A-1	

11	

Debt Service Fund Series 2020 A-1	

12	

Amortization Schedule Series 2020 A-1	

13	

Debt Service Fund Series 2020 A-2	

14	

Amortization Schedule Series 2020 A-2	

15	

Capital Reserve Fund	

Windward
Community Development District Proposed Budget
General Fund

		Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Proposed Budget	
	Description	FY2025	3/31/25	6 Months	9/30/25	FY2026	

Revenues							

Assessments - Tax Roll/Direct	
$	1,378,623	
$	1,316,171	$	62,451	$	1,378,623	$	1,449,839	
Miscellaneous Revenue	$	7,521	$	-	$	-	$	-	$	-	
Total Revenues	$	1,386,144	$	1,316,171	$	62,451	$	1,378,623	$	1,449,839	

Expenditures						
Administrative						
Supervisors Fees	$	4,800	$	-	$	2,400	$	2,400	$	4,800	
FICA Expense	$	367	$	-	$	184	$	184	$	367	
Engineering	$	16,000	$	3,532	$	8,000	$	11,532	$	16,000	
Attorney	$	25,000	$	15,110	$	12,500	$	27,610	$	25,000	
Arbitrage	$	900	$	450	$	450	$	900	$	900	
Dissemination	$	10,101	$	5,051	$	5,051	$	10,101	$	10,404	
Reamortization Schedules	$	-	$	1,100	$	1,000	$	2,100	$	2,100	
Annual Audit	$	6,500	$	6,600	$	-	$	6,600	$	6,700	
Trustee Fees	$	8,008	$	6,802	$	-	$	6,802	$	8,008	
Assessment Administration	$	5,565	$	5,565	$	-	$	5,565	$	5,732	
Management Fees	$	45,000	$	22,500	$	22,500	$	45,000	$	46,350	
Information Technology	$	1,948	$	974	$	974	$	1,948	$	2,006	
Website Maintenace	$	1,113	$	557	$	557	$	1,113	$	1,146	
Telephone	$	125	$	-	$	63	$	63	$	125	
Postage	$	800	$	905	$	400	$	1,305	$	800	
Printing & Binding	$	500	$	220	$	250	$	470	$	500	
Insurance	$	6,817	$	6,817	$	-	$	6,817	$	7,840	
Legal Advertising	$	1,500	$	1,433	$	750	$	2,183	$	1,500	
Other Current Charges	$	2,000	$	289	$	1,000	$	1,289	$	2,000	
Office Supplies	$	150	$	1	$	75	$	76	$	150	
Property Appraiser	$	500	$	201	$	-	$	201	$	500	
Dues, Licenses & Subscriptions	$	175	$	175	$	-	$	175	$	175	
Total Adminstrative	$	138,529	$	78,279	$	56,152	$	134,431	$	143,103	

Windward
Community Development District Proposed Budget
General Fund

	Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Proposed Budget	
Description	FY2025	3/31/25	6 Months	9/30/25	FY2026	

Operation & Maintenance						
Field Services	$	18,598	$	9,299	$	9,299	$	18,598	$	27,300	
General Repairs and Maintenance	$	18,500	$	2,864	$	9,250	$	12,114	$	15,000	
Electric	$	160,009	$	64,426	$	70,276	$	134,703	$	148,173	
Water & Sewer	$	602,808	$	336,148	$	318,000	$	654,148	$	719,562	
Security Building Maintenance	$	15,000	$	748	$	7,500	$	8,248	$	15,000	
Landscape Maintenance	$	237,000	$	98,685	$	118,422	$	217,107	$	237,000	
Landscape Contingency	$	50,000	$	3,238	$	25,000	$	28,238	$	50,000	
Property Insurance	$	10,000	$	6,040	$	-	$	6,040	$	10,000	
Fountain Maintenance	$	14,600	$	4,895	$	7,300	$	12,195	$	14,600	
Lake Maintenance	$	22,100	$	6,275	$	12,050	$	18,325	$	22,100	
Irrigation Repairs	$	30,000	$	4,981	$	15,000	$	19,981	$	30,000	
Roadway Maintenance	$	9,000	$	-	$	4,500	$	4,500	$	9,000	
Contingency	$	10,000	$	4,513	$	5,000	$	9,513	$	9,000	
Total Operation & Maintenance	$	1,197,615	$	542,110	$	601,597	$	1,143,707	$	1,306,735	

Other Expenditures
Capital Reserves - Transfer	

$	50,000	

$	50,000	

$	-	

$	50,000	

$	-	
Total Other Expenditures	$	50,000	$	50,000	$	-	$	50,000	$	-	
						
Total Expenditures	$	1,386,144	$	670,390	$	657,749	$	1,328,139	$	1,449,839	
						
Excess Revenues/(Expenditures)	$	-	$	645,782	$	(595,298)	$	50,484	$	-	
				
Net Assessment	
$	1,449,839	
Collection Cost (6%)  $		92,543  Gross Assessment  $	1,542,381 

Number of Units	553	
Gross Per Unit	$	2,789	
Net Per Unit	$	2,622	

Gross Per Unit Comparison

FY2025 Gross	FY2026 Gross	Increase/(Decrease)

$	2,652	$

2,789	$

137

Windward
Community Development District
GENERAL FUND BUDGET

REVENUES:
Assessments
The District will levy a non-ad valorem assessment on all the assessable property within the District in order to pay for the operating expenditures during the fiscal year.

EXPENDITURES:

Administrative:

Supervisor Fees
Chapter 190, Florida Statutes, allows for each Board member to received $200 per meeting, not to exceed $4,800 per year paid to each Supervisor for the time devoted to District business and meetings. The District anticipates 12 meetings per year, with 2 Board members receiving payment for their attendance at each meeting.
FICA Expense
Represents the Employer’s share of Social Security and Medicare taxes withheld from the Board of Supervisor checks.
Engineering
The District's engineer, Poulos & Bennett, will be providing general engineering services to the District, e.g. attendance and preparation for monthly board meetings, review of invoices and requisitions, preparation and review of contract specifications and bid documents, and various projects assigned as directed by the Board of Supervisors and the District Manager.
Attorney
The District's legal counsel, Latham, Shuker, Eden & Beaudine, will be providing general legal services to the District,
e.g. attendance and preparation for monthly meetings, preparation and review of agreements and resolutions, and other research assigned as directed by the Board of Supervisors and the District Manager.
Arbitrage
The District has contracted with AMTEC an independent certified public accountant to annually calculate the District’s Arbitrage Rebate Liability on the Series 2018A-1, 2020-A1, and 2020-A2 Special Assessment Revenue Bonds.

Windward
Community Development District
GENERAL FUND BUDGET

Dissemination
The District is required by the Security and Exchange Commission to comply with Rule 15c2-12(b)(5) which relates to additional reporting requirements for unrated bond issues. Governmental Management Services – Central Florida, LLC provides these services.
Reamortization Schedules
Represents the cost of having revised amortization schedules issued on the District’s bonds when extraordinary redemptions are made.
Annual Audit
The District is required by Florida Statutes to arrange for an independent audit of its financial records on an annual basis. Grau & Associates provides these services.
Trustee Fees
The District will pay annual trustee fees for the Series 2018A-1, 2020A-1 & 2020A-2 Special Assessment Revenue Bonds that are deposited with a Trustee at USBank.
Assessment Administration
The District has contracted with Governmental Management Services-CF, LLC to levy and administer the collection of non-ad valorem assessment on all assessable property within the District.
Management Fees
The District has contracted with Governmental Management Services-Central Florida, LLC to provide Management, Accounting and Recording Secretary Services for the District. The services include, but not limited to, recording and transcription of board meetings, budget preparation, all financial reporting, annual audit, etc.
Information Technology
Represents various cost of information technology for the District such as video conferencing, cloud storage and servers, positive pay implementation and programming for fraud protection, accounting software, tablets for meetings, Adobe, Microsoft Office, etc. Governmental Management Services – Central Florida, LLC provides these systems.
Website Maintenance
Represents the costs associated with monitoring and maintaining the District’s website created in accordance with Chapter 189, Florida Statutes. These services include site performance assessments, security and firewall maintenance, updates, document uploads, hosting and domain renewals, website backups, etc. Governmental Management Services – Central Florida, LLC provides these services.
Telephone
Telephone and fax machine.

Windward
Community Development District
GENERAL FUND BUDGET

Postage
The District incurs charges for mailing of agenda packages, overnight deliveries, checks for vendors and other required correspondence.
Travel Per Diem
The Board of Supervisors can be reimbursed for travel expenditures related to the conducting of District business.
Printing & Binding
Printing and Binding agenda packages for board meetings, printing of computerized checks, stationary, envelopes etc.
Insurance
The District’s general liability and public officials liability insurance coverage is provided by Florida Insurance Alliance (FIA). FIA specializes in providing insurance coverage to governmental agencies.
Legal Advertising
The District is required to advertise various notices for monthly Board meetings, public hearings, etc in a newspaper of general circulation.
Other Current Charges
Represents any miscellaneous expenses incurred during the fiscal year such as bank fees, deposit slips, stop payments, etc.
Office Supplies
The District incurs charges for office supplies that need to be purchased during the fiscal year.
Property Appraiser
Represents a fee charged by Osceola County Property Appraiser’s office for assessment administration services.
Dues, Licenses & Subscriptions
The District is required to pay an annual fee to the Florida Department of Commerce for $175. This is the only expense under this category for the District.

Operation and Maintenance:
Field Services
Governmental Management Services – Central Florida, LLC provides onsite field management of contracts for the District such as landscape and lake maintenance. Services to include bimonthly onsite inspections, meetings with contractors, monitoring of utility accounts, attend Board meetings and receive and respond to property owner phone calls and emails.

Windward
Community Development District
GENERAL FUND BUDGET

General Repairs and Maintenance
Represents estimated costs for facility maintenance.
Electric
Represents estimated costs for electrical accounts with Duke Energy for entrance lighting, irrigation meters and other District areas.
Water & Sewer
Represents estimated costs for water & sewer services with Toho Water Authority for fountain, guardhouse, irrigation meters and other District areas.
Security Building Maintenance
Represents estimated costs for any repairs and maintenance to the guardhouse.
Landscape Maintenance
The District will maintain the landscaping within the common areas of the District after installation of landscape material has been completed. Juniper Landscaping of Florida, LLC provides these services.

Description	Monthly	Annual	
Landscape Maintenance	$18,730	$224,760	
Contingency		$12,240	
Total		$237,000	
Landscape Contingency
Represents estimated costs for any additional landscape expenses not covered under the monthly landscape maintenance contract.
Property Insurance
Represents estimated costs for the annual coverage of property insurance. Coverage will be provided by Florida Insurance Alliance (FIA). FIA specializes in providing insurance coverage to governmental agencies.
Fountain Maintenance
The District will schedule the regularly cleaning and treatment of the fountain maintained by the District. The District will be contracting with Sitex Aquatics, LLC.

Description	Monthly	Annual	
Fountain Maintenance	$800	$9,600	
Contingency		$5,000	
Total		$14,600	

Windward
Community Development District
GENERAL FUND BUDGET

Lake Maintenance
Represents estimated costs for the maintenance of any ponds and lakes located within the District. Aquatic Weed Management, Inc provides these services.
Irrigation Repairs
Represents estimated costs for any repairs to the irrigation system.
Roadway Maintenance
Represents estimated costs for any sidewalk or roadway maintenance for areas maintained by the District.
Contingency
Represents any additional field expense that may not have been provided for in the budget.

Other Expenditures:

Capital Reserves - Transfer

Funds collected and reserved for the replacement of and/or purchase of new capital improvements throughout the District.

Windward
Community Development District Proposed Budget
Debt Service Fund Series 2018 A-1

	Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Proposed Budget	
Description	FY2025	3/31/25	6 Months	9/30/25	FY2026	

Revenues						
Special Assessments - 2018 A1	$	243,648	$	232,611	$	11,037	$	243,648	$	243,648	
Interest Income	$	6,863	$	5,876	$	8,227	$	14,103	$	7,051	
Carry Forward Surplus	$	135,308	$	138,632	$	-	$	138,632	$	154,452	
Total Revenues	$	385,819	$	377,119	$	19,263	$	396,382	$	405,152	

Expenditures						
Series 2018A-1						
Interest - 11/1	$	90,965	$	90,965	$	-	$	90,965	$	89,435	
Principal - 5/1	$	60,000	$	-	$	60,000	$	60,000	$	65,000	
Interest - 5/1	$	90,965	$	-	$	90,965	$	90,965	$	89,435	
Total Expenditures	$	241,930	$	90,965	$	150,965	$	241,930	$	243,870	
						
Excess Revenues/(Expenditures)	$	143,889	$	286,154	$	(131,702)	$	154,452	$	161,282	

*Carry forward less amount in Reserve funds.	Series 2018A-1
Interest - 11/1/2026	$87,778
Total 	$87,778 

Number of Units	Net per Unit	Net Assessment	
270	$902	$243,648	

Windward
Community Development District Series 2018 A-1 Special Assessment Bonds Amortization Schedule

Date	Balance	Prinicpal	Interest	Total

11/01/25	$	3,135,000.00	$	-	$	89,435.00	$	240,400.00	
05/01/26	$	3,135,000.00	$	65,000.00	$	89,435.00		
11/01/26	$	3,070,000.00	$	-	$	87,777.50	$	242,212.50	
05/01/27	$	3,070,000.00	$	65,000.00	$	87,777.50		
11/01/27	$	3,005,000.00	$	-	$	86,120.00	$	238,897.50	
05/01/28	$	3,005,000.00	$	70,000.00	$	86,120.00		
11/01/28	$	2,935,000.00	$	-	$	84,335.00	$	240,455.00	
05/01/29	$	2,935,000.00	$	75,000.00	$	84,335.00		
11/01/29	$	2,860,000.00	$	-	$	82,422.50	$	241,757.50	
05/01/30	$	2,860,000.00	$	80,000.00	$	82,422.50		
11/01/30	$	2,780,000.00	$	-	$	80,142.50	$	242,565.00	
05/01/31	$	2,780,000.00	$	85,000.00	$	80,142.50		
11/01/31	$	2,695,000.00	$	-	$	77,720.00	$	242,862.50	
05/01/32	$	2,695,000.00	$	90,000.00	$	77,720.00		
11/01/32	$	2,605,000.00	$	-	$	75,155.00	$	242,875.00	
05/01/33	$	2,605,000.00	$	95,000.00	$	75,155.00		
11/01/33	$	2,510,000.00	$	-	$	72,447.50	$	242,602.50	
05/01/34	$	2,510,000.00	$	100,000.00	$	72,447.50		
11/01/34	$	2,410,000.00	$	-	$	69,597.50	$	242,045.00	
05/01/35	$	2,410,000.00	$	105,000.00	$	69,597.50		
11/01/35	$	2,305,000.00	$	-	$	66,605.00	$	241,202.50	
05/01/36	$	2,305,000.00	$	110,000.00	$	66,605.00		
11/01/36	$	2,195,000.00	$	-	$	63,470.00	$	240,075.00	
05/01/37	$	2,195,000.00	$	115,000.00	$	63,470.00		
11/01/37	$	2,080,000.00	$	-	$	60,192.50	$	238,662.50	
05/01/38	$	2,080,000.00	$	125,000.00	$	60,192.50		
11/01/38	$	1,955,000.00	$	-	$	56,630.00	$	241,822.50	
05/01/39	$	1,955,000.00	$	130,000.00	$	56,630.00		
11/01/39	$	1,825,000.00	$	-	$	52,925.00	$	239,555.00	
05/01/40	$	1,825,000.00	$	140,000.00	$	52,925.00		
11/01/40	$	1,685,000.00	$	-	$	48,865.00	$	241,790.00	
05/01/41	$	1,685,000.00	$	145,000.00	$	48,865.00		
11/01/41	$	1,540,000.00	$	-	$	44,660.00	$	238,525.00	
05/01/42	$	1,540,000.00	$	155,000.00	$	44,660.00		
11/01/42	$	1,385,000.00	$	-	$	40,165.00	$	239,825.00	
05/01/43	$	1,385,000.00	$	165,000.00	$	40,165.00		
11/01/43	$	1,220,000.00	$	-	$	35,380.00	$	240,545.00	

Windward
Community Development District Series 2018 A-1 Special Assessment Bonds Amortization Schedule

Date		Balance	Prinicpal	Interest	Total	

05/01/44	
$	
1,220,000.00	
$	175,000.00	
$	35,380.00		
11/01/44	$	1,045,000.00	$	-	$	30,305.00	$	240,685.00	
05/01/45	$	1,045,000.00	$	185,000.00	$	30,305.00		
11/01/45	$	860,000.00	$	-	$	24,940.00	$	240,245.00	
05/01/46	$	860,000.00	$	195,000.00	$	24,940.00		
11/01/46	$	665,000.00	$	-	$	19,285.00	$	239,225.00	
05/01/47	$	665,000.00	$	210,000.00	$	19,285.00		
11/01/47	$	455,000.00	$	-	$	13,195.00	$	242,480.00	
05/01/48	$	455,000.00	$	220,000.00	$	13,195.00		
11/01/48	$	235,000.00	$	-	$	6,815.00	$	240,010.00	
05/01/49	$	235,000.00	$	235,000.00	$	6,815.00	$	241,815.00	
			$	3,135,000.00	$	2,737,170.00	$	6,023,135.00	

Windward
Community Development District Proposed Budget
Debt Service Fund Series 2020 A-1

		Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Proposed Budget	
	Description	FY2025	3/31/25	6 Months	9/30/25	FY2026	

Revenues							

Special Assessments - 2020 A1	
$	255,379	
$	242,950	
$	12,430	
$	255,379	
$	255,379	
Interest Income	$	10,876	$	9,853	$	13,794	$	23,647	$	11,823	
Carry Forward Surplus	$	120,934	$	97,992	$	-	$	97,992	$	105,903	
Total Revenues	$	387,189	$	350,794	$	26,224	$	377,018	$	373,106	

Expenditures						
Series 2020A-1						
Interest - 11/1	$	85,726	$	85,726	$	-	$	85,726	$	84,114	
Special Call - 11/1	$	-	$	15,000	$	-	$	15,000	$	-	
Principal - 5/1	$	85,000	$	-	$	85,000	$	85,000	$	85,000	
Interest - 5/1	$	85,726	$	-	$	85,389	$	85,389	$	84,114	
Total Expenditures	$	256,453	$	100,726	$	170,389	$	271,115	$	253,228	
						
Excess Revenues/(Expenditures)	$	130,736	$	250,068	$	(144,165)	$	105,903	$	119,878	

*Carry forward less amount in Reserve funds.				

Series 2020 A-1		
Interest - 11/1/2026	$82,563

Total 	$82,563 

 Number of Units	Net per Unit	Net Assessment 

	283	$902	$255,379	

Windward
Community Development District Series 2020 A-1 Special Assessment Bonds Amortization Schedule

Date	Balance	Prinicpal	Interest	Total

11/01/25	$	3,895,000.00	$	
05/01/26	$	3,895,000.00	$	85	
11/01/26	$	3,810,000.00	$	
05/01/27	$	3,810,000.00	$	90	
11/01/27	$	3,720,000.00	$	
05/01/28	$	3,720,000.00	$	90	
11/01/28	$	3,630,000.00	$	
05/01/29	$	3,630,000.00	$	95	
11/01/29	$	3,535,000.00	$	
05/01/30	$	3,535,000.00	$	100	
11/01/30	$	3,435,000.00	$	
05/01/31	$	3,435,000.00	$	105	
11/01/31	$	3,330,000.00	$	
05/01/32	$	3,330,000.00	$	110	
11/01/32	$	3,220,000.00	$	
05/01/33	$	3,220,000.00	$	110	
11/01/33	$	3,110,000.00	$	
05/01/34	$	3,110,000.00	$	115	
11/01/34	$	2,995,000.00	$	
05/01/35	$	2,995,000.00	$	120	
11/01/35	$	2,875,000.00	$	
05/01/36	$	2,875,000.00	$	125	
11/01/36	$	2,750,000.00	$	
05/01/37	$	2,750,000.00	$	135	
11/01/37	$	2,615,000.00	$	
05/01/38	$	2,615,000.00	$	140	
11/01/38	$	2,475,000.00	$	
05/01/39	$	2,475,000.00	$	145	
11/01/39	$	2,330,000.00	$	
05/01/40	$	2,330,000.00	$	150	
11/01/40	$	2,180,000.00	$	
05/01/41	$	2,180,000.00	$	155	
11/01/41	$	2,025,000.00	$	
05/01/42	$	2,025,000.00	$	165	
11/01/42	$	1,860,000.00	$	
05/01/43	$	1,860,000.00	$	170	
11/01/43	$	1,690,000.00	$	
05/01/44	$	1,690,000.00	$	180	
11/01/44	$	1,510,000.00	$	
05/01/45	$	1,510,000.00	$	190	
11/01/45	$	1,320,000.00	$	
05/01/46	$	1,320,000.00	$	195	
11/01/46	$	1,125,000.00	$	
05/01/47	$	1,125,000.00	$	205	
11/01/47	$	920,000.00	$	
05/01/48	$	920,000.00	$	215	
11/01/48	$	705,000.00	$	
05/01/49	$	705,000.00	$	225	
11/01/49	$	480,000.00	$	
05/01/50	$	480,000.00	$	235	
11/1/50	$	245,000.00	$	
5/1/51	$	245,000.00	$	245	
			$	3,895	

$	84,113.75	$	84,113.75	
$	84,113.75	$	-	
$	82,562.50	$	251,676.25	
$	82,562.50	$	-	
$	80,920.00	$	253,482.50	
$	80,920.00	$	-	
$	79,277.50	$	250,197.50	
$	79,277.50	$	-	
$	77,543.75	$	251,821.25	
$	77,543.75	$	-	
$	75,718.75	$	253,262.50	
$	75,718.75	$	-	
$	73,487.50	$	254,206.25	
$	73,487.50	$	-	
$	71,150.00	$	254,637.50	
$	71,150.00	$	-	
$	68,812.50	$	249,962.50	
$	68,812.50	$	-	
$	66,368.75	$	250,181.25	
$	66,368.75	$	-	
$	63,818.75	$	250,187.50	
$	63,818.75	$	-	
$	61,162.50	$	249,981.25	
$	61,162.50	$	-	
$	58,293.75	$	254,456.25	
$	58,293.75	$	-	
$	55,318.75	$	253,612.50	
$	55,318.75	$	-	
$	52,237.50	$	252,556.25	
$	52,237.50	$	-	
$	49,050.00	$	251,287.50	
$	49,050.00	$	-	
$	45,562.50	$	249,612.50	
$	45,562.50	$	-	
$	41,850.00	$	252,412.50	
$	41,850.00	$	-	
$	38,025.00	$	249,875.00	
$	38,025.00	$	-	
$	33,975.00	$	252,000.00	
$	33,975.00	$	-	
$	29,700.00	$	253,675.00	
$	29,700.00	$	-	
$	25,312.50	$	250,012.50	
$	25,312.50	$	-	
$	20,700.00	$	251,012.50	
$	20,700.00	$	-	
$	15,862.50	$	251,562.50	
$	15,862.50	$	-	
$	10,800.00	$	251,662.50	
$	10,800.00	$	-	
$	5,512.50	$	251,312.50	
$	5,512.50	$	250,512.50	

-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00

,000.00  $

2,734,272.50  $

6,629,272.50

Windward
Community Development District Proposed Budget
Debt Service Fund Series 2020 A-2

		Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Proposed Budget	
	Description	FY2025	3/31/25	6 Months	9/30/25	FY2026	

Revenues							

Special Assessments - 2020 A2	
$	81,840	
$	-	$	-	$	-	$	-	
Assessments - Prepayment	$	-	$	935,032	$	9,935	$	944,967	$	-	
Interest Income	$	14,777	$	8,102	$	8,102	$	16,204	$	-	
Carry Forward Surplus	$	561,508	$	507,399	$	-	$	507,399	$	-	
Total Revenues	$	658,125	$  1,450,533	$	18,037	$  1,468,570	$	-	

Expenditures						
Series 2020A-2						
Interest - 11/1	$	40,920	$	31,130	$	-	$	31,130	$	-	
Special Call - 11/1	$	-	$	245,000	$	-	$	245,000	$	-	
Interest - 2/1	$	-	$	5,610	$	-	$	5,610	$	-	
Special Call - 2/1	$	-	$	510,000	$	-	$	510,000	$	-	
Interest - 5/1	$	40,920	$	-	$	14,520	$	14,520	$	-	
Special Call - 5/1	$	-	$	-	$	450,000	$	450,000	$	-	
Interest - 8/1	$	-	$	-	$	2,310	$	2,310	$	-	
Principal - 8/1	$	-	$	-	$	210,000	$	210,000	$	-	
Total Expenditures	$	81,840	$	791,740	$	676,830	$  1,468,570	$	-	
						
Excess Revenues/(Expenditures)	$	576,285	$	658,793	$	(658,793)	$	-	$	-	

*Carry forward less amount in Reserve funds.						

Windward
Community Development District Series 2020 A-2 Special Assessment Bonds Amortization Schedule

DATE	BALANCE	PRINCIPAL	INTEREST	TOTAL

11/01/25	$	210,000.00	$	-	$	4,620.00	$	4,620.00	
05/01/26	$	210,000.00	$	-	$	4,620.00	
11/01/26	$	210,000.00	$	-	$	4,620.00	$	9,240.00	
05/01/27	$	210,000.00	$	-	$	4,620.00	
11/01/27	$	210,000.00	$	-	$	4,620.00	$	9,240.00	
05/01/28	$	210,000.00	$	-	$	4,620.00	
11/01/28	$	210,000.00	$	-	$	4,620.00	$	9,240.00	
05/01/29	$	210,000.00	$	-	$	4,620.00	
11/01/29	$	210,000.00	$	-	$	4,620.00	$	9,240.00	
05/01/30	$	210,000.00	$	-	$	4,620.00	
11/01/30	$	210,000.00	$	-	$	4,620.00	$	9,240.00	
05/01/31	$	210,000.00	$	-	$	4,620.00	
11/01/31	$	210,000.00	$	-	$	4,620.00	$	9,240.00	
05/01/32	$	210,000.00	$	-	$	4,620.00	
11/01/32	$	210,000.00	$	-	$	4,620.00	$	9,240.00	
05/01/33	$	210,000.00	$	-	$	4,620.00	
11/01/33	$	210,000.00	$	-	$	4,620.00	$	9,240.00	
05/01/34	$	210,000.00	$	-	$	4,620.00	
11/01/34	$	210,000.00	$	-	$	4,620.00	$	9,240.00	
05/01/35	$	210,000.00	$	210,000.00	$	4,620.00	
11/01/35				$	-	$	214,620.00	

$	210,000.00	$	92,400.00	$	302,400.00

Windward
Community Development District
Proposed Budget Capital Reserve Fund

	Adopted Budget	Actuals Thru	Projected Next	Total Projected	Proposed Budget	
	FY2025	3/31/25	6 Months	9/30/25	FY2026	

Revenues						
Interest	$	-	$	-	$	-	$	-	$	-	
Carry Forward Surplus	$	-	$	-	$	-	$	-	$	50,000	
Total Revenues	$	-	$	-	$	-	$	-	$	50,000	

Expenditures						
Capital Outlay	$	-	$	-	$	-	$	-	$	-	
Total Expenditures	$	-	$	-	$	-	$	-	$	-	

Other Financing Sources/(Uses)						
Transfer In (Out)	$	50,000	$	50,000	$	-	$	50,000	$	-	
Total Other Financing Sources/(Uses)	$	50,000	$	50,000	$	-	$	50,000	$	-	
						
Excess Revenues/(Expenditures)	$	50,000	$	50,000	$	-	$	50,000	$	50,000	

Section C

to be provided under separate cover