Reserve Study Update Pine Ridge Plantation CDD Middleburg, Florida Prepared for FY 2024 Report Date: March 23, 2024 March 23, 2024 Ms. Marilee Giles, District Manager GMS 475 West Town Place, Suite 114 St. Augustine, Florida 32092 Re: Pine Ridge Plantation CDD Dear Ms. Giles: Community Advisors is pleased to provide this Revised Reserve Study report for the above referenced Association. We have completed the adjustments you requested and have updated your funding plan. We recommend updating your study every 2 years to keep your information current with changing replacement cost, interest and inflation rates. It has been a pleasure serving you and please let me know if you have any questions or concerns. Respectively submitted, Charles R. Sheppard RS PRA CCI Professional Reserve Analyst 10459 Hunters Creek Court Jacksonville, Fl. 32256 SPECIAL NOTICE THIS RESERVE ANALYLSIS INCLUDED A VISUAL OBSERVATION OF MAJOR COMPONENTS FOR YOUR PROPERTY. NO DISTRUCTION TESTING OR OTHER TESTING WAS CONDUCTED TO DETERMINE COMPONENT CONDITION. OUR ANALYSIS INCLUDES COMPONENTS WITH REPLACEMENT COST AND USEFUL LIFE PROJECTIONS THAT ARE TYPICAL FOR THIS TYPE OF FACILITY. THIS ANALYSIS IS NOT A SAFETY INSPECTION OR STRUCTURAL INSPECTION AND WE RECOMMEND THE ASSOCIATION CONDUCT THOSE INSPECTIONS ON A REGULAR BASIS WITH QUALIFIED CONSULTANTS. TABLE OF CONTENTS EXECUTIVE SUMMARY Executive Summary 1-1 Financial Summary - Recommended Funding Plan 1-2 Cash Flow Funding Plan VS Fully Funded 1-3 Current Funding Plan vs Recommended Funding Plan 1-4 CURRENT FUNDING PLAN Financial Summary - Current Funding Plan 2-1 Current Funding Plan Projection 2-2 CASH FLOW Income & Expense Spreadsheet 3-1 EXPENDITURE DETAIL Annual Expenditure Detail 4-1 Asset Current Cost by Category 4-12 COMPONENT INVENTORY Component Inventory 5-1 Component Detail Index 5-5 Component Detail 5-9 DISCLOSURERS & INFORMATION Report Navigation 6-1 Methodology & Information 6-2 Terms of Service 6-3 Definitions 6-4 Community Advisors Page 1-1 March 23, 2024 Executive Summary Account Information Account Name Pine Ridge Plantation CDD Account Number 2022 City Middleburg Last Site Visit March, 4 2024 State Florida Report Date March, 23 2024 In Service Date June, 15 2008 Report Version 2 Total Units 737 Fiscal Year Start October, 1 2024 Study Level Level II Update Fiscal year End September, 30 2025 Reserve Fund Information Current Component Replacement Cost $1,667,265 Number of Components 93 Reserve Fund Beginning Balance $717,350 Billing Term Annually Component Funding (Straight Line) Recommended First Year Reserve Fund Contribution $70,457 Interest Rate on Reserve Deposits 0% Inflation Rate on Replacement Cost 0% Pooled Cash (Current Funding Plan) Current Year Reserve Fund Contribution $82,202 Interest Rate on Reserve Deposits 3.0% Inflation Rate on Replacement Cost 3.5% Annual Contribution Increases 3.0% Pooled Cash (Recommended Funding Plan) Recommended First Year Reserve Fund Contribution $83,529 Interest Rate on Reserve Deposits 3.0% Inflation Rate on Replacement Cost 3.5% Annual Contribution Increases 3.0% Comment . Current funding plan maintains adequate funding. . Recommended funding plan maintains adequate funding with larger year end balances. . This analysis should be updated annualy with a site visit every 2 years to monitor component condition and update component replacement cost, interest and inflation rates. Pine Ridge Plantation CDD Financial Summary - Recommended Funding Plan Begining Balance: $717,350 Fully Funded: $710,533 Tax Rate:0% Year 24-25 1,667,265 3.5% 83,529 0 3.00% 23,355 22,380 801,854 798,751 100% 25-26 1,721,707 3.5% 86,035 0 3.00% 26,171 15,525 898,535 899,238 100% 26-27 1,781,967 3.5% 88,616 0 3.00% 25,545 135,660 877,036 882,527 99% 27-28 1,844,336 3.5% 91,275 0 3.00% 27,027 67,410 927,928 939,165 99% 28-29 1,908,887 3.5% 94,013 0 3.00% 30,348 10,328 1,041,961 1,060,209 98% 29-30 1,975,698 3.5% 96,833 0 3.00% 33,102 35,393 1,136,504 1,163,123 98% 30-31 2,044,848 3.5% 99,738 0 3.00% 35,723 45,473 1,226,492 1,262,792 97% 31-32 2,116,417 3.5% 102,730 0 3.00% 39,228 21,629 1,346,822 1,394,339 97% 32-33 2,190,492 3.5% 105,812 0 3.00% 34,738 294,711 1,192,661 1,251,690 95% 33-34 2,209,918 3.5% 108,987 0 3.00% 36,146 96,766 1,241,028 1,308,157 95% 34-35 2,223,788 3.5% 112,256 0 3.00% 31,167 314,383 1,070,069 1,143,310 94% 35-36 2,301,620 3.5% 115,624 0 3.00% 35,177 13,140 1,207,730 1,291,110 94% 36-37 2,382,177 3.5% 119,093 0 3.00% 37,894 63,676 1,301,040 1,396,027 93% 37-38 2,461,956 3.5% 122,665 0 3.00% 33,891 293,992 1,163,605 1,270,104 92% 38-39 2,548,125 3.5% 126,345 0 3.00% 31,189 250,302 1,070,838 1,189,802 90% 39-40 2,637,309 3.5% 130,136 0 3.00% 35,253 25,867 1,210,359 1,343,706 90% 40-41 2,729,615 3.5% 134,040 0 3.00% 39,552 26,010 1,357,941 1,507,717 90% 41-42 2,825,151 3.5% 138,061 0 3.00% 44,318 18,736 1,521,584 1,690,032 90% 42-43 2,924,032 3.5% 142,203 0 3.00% 45,000 163,793 1,544,993 1,733,807 89% 43-44 3,026,373 3.5% 146,469 0 3.00% 48,783 65,365 1,674,880 1,886,383 89% 44-45 3,132,296 3.5% 150,863 0 3.00% 53,898 29,134 1,850,507 2,087,381 89% 45-46 3,241,926 3.5% 155,389 0 3.00% 59,621 18,535 2,046,982 2,312,165 89% 46-47 3,355,393 3.5% 160,051 0 3.00% 58,960 241,696 2,024,296 2,319,826 87% 47-48 3,472,832 3.5% 164,852 0 3.00% 41,401 809,128 1,421,421 1,740,273 82% 48-49 3,594,381 3.5% 169,798 0 3.00% 45,435 76,720 1,559,934 1,911,753 82% 49-50 3,684,736 3.5% 174,892 0 3.00% 49,932 70,425 1,714,333 2,099,576 82% 50-51 3,813,702 3.5% 180,138 0 3.00% 47,541 309,756 1,632,257 2,054,509 79% 51-52 3,947,181 3.5% 185,543 0 3.00% 52,237 76,555 1,793,482 2,256,300 79% 52-53 4,085,333 3.5% 191,109 0 3.00% 34,209 844,293 1,174,507 1,677,864 70% 53-54 4,228,319 3.5% 196,842 0 3.00% 39,025 70,509 1,339,866 1,887,624 71% Community Advisors Page 1-2 March 23, 2024 Chart illustrates year end balances and expenditures with the level of contributions necessary to maintain adequate funding. Community Advisors Page 1-3 March 23, 2024 This chart illustrates annual expenditures and compares the current funding plan to the recommended funding plan. Community Advisors Page 1-4 March 23, 2024 Pine Ridge Plantation CDD Financial Summary -Current Funding Plan Begining Balance: $717,350 Fully Funded: $710,533 Tax Rate:0% Year 24-25 1,667,265 3.5% 82,202 0 3.00% 23,315 22,380 800,487 798,751 100% 25-26 1,721,707 3.5% 84,668 0 3.00% 26,089 15,525 895,719 899,238 100% 26-27 1,781,967 3.5% 87,208 0 3.00% 25,418 135,660 872,685 882,527 99% 27-28 1,844,336 3.5% 89,824 0 3.00% 26,853 67,410 921,953 939,165 98% 28-29 1,908,887 3.5% 92,519 0 3.00% 30,124 10,328 1,034,268 1,060,209 98% 29-30 1,975,698 3.5% 95,295 0 3.00% 32,825 35,393 1,126,995 1,163,123 97% 30-31 2,044,848 3.5% 98,153 0 3.00% 35,390 45,473 1,215,066 1,262,792 96% 31-32 2,116,417 3.5% 101,098 0 3.00% 38,836 21,629 1,333,372 1,394,339 96% 32-33 2,190,492 3.5% 104,131 0 3.00% 34,284 294,711 1,177,075 1,251,690 94% 33-34 2,209,918 3.5% 107,255 0 3.00% 35,627 96,766 1,223,191 1,308,157 94% 34-35 2,223,788 3.5% 110,473 0 3.00% 30,578 314,383 1,049,860 1,143,310 92% 35-36 2,301,620 3.5% 113,787 0 3.00% 34,515 13,140 1,185,022 1,291,110 92% 36-37 2,382,177 3.5% 117,200 0 3.00% 37,156 63,676 1,275,702 1,396,027 91% 37-38 2,461,956 3.5% 120,716 0 3.00% 33,073 293,992 1,135,499 1,270,104 89% 38-39 2,548,125 3.5% 124,338 0 3.00% 30,286 250,302 1,039,821 1,189,802 87% 39-40 2,637,309 3.5% 128,068 0 3.00% 34,261 25,867 1,176,282 1,343,706 88% 40-41 2,729,615 3.5% 131,910 0 3.00% 38,465 26,010 1,320,648 1,507,717 88% 41-42 2,825,151 3.5% 135,867 0 3.00% 43,133 18,736 1,480,912 1,690,032 88% 42-43 2,924,032 3.5% 139,943 0 3.00% 43,712 163,793 1,500,774 1,733,807 87% 43-44 3,026,373 3.5% 144,142 0 3.00% 47,387 65,365 1,626,937 1,886,383 86% 44-45 3,132,296 3.5% 148,466 0 3.00% 52,388 29,134 1,798,657 2,087,381 86% 45-46 3,241,926 3.5% 152,920 0 3.00% 57,991 18,535 1,991,033 2,312,165 86% 46-47 3,355,393 3.5% 157,508 0 3.00% 57,205 241,696 1,964,050 2,319,826 85% 47-48 3,472,832 3.5% 162,233 0 3.00% 39,515 809,128 1,356,669 1,740,273 78% 48-49 3,594,381 3.5% 167,100 0 3.00% 43,411 76,720 1,490,461 1,911,753 78% 49-50 3,684,736 3.5% 172,113 0 3.00% 47,764 70,425 1,639,913 2,099,576 78% 50-51 3,813,702 3.5% 177,276 0 3.00% 45,223 309,756 1,552,656 2,054,509 76% 51-52 3,947,181 3.5% 182,594 0 3.00% 49,761 76,555 1,708,457 2,256,300 76% 52-53 4,085,333 3.5% 188,072 0 3.00% 31,567 844,293 1,083,803 1,677,864 65% 53-54 4,228,319 3.5% 193,714 0 3.00% 36,210 70,509 1,243,219 1,887,624 66% Community Advisors Page 2-1 March 23, 2024 This chart illustrates how the CDD's current funding plan will perform over time. Community Advisors Page 2-2 March 23, 2024 Pine Ridge Plantation CDD Income & Expense Spreadsheet 24-25 25-26 26-27 27-28 28-29 29-30 30-31 31-32 32-33 33-34 Beginning Balance Annual Assessment Interest Earned Expenditures Fully Funded Reserves Percent Fully Funded Ending Balance 717,350 83,529 23,355 22,380 798,751 100% 801,854 801,854 86,035 26,171 15,525 899,238 100% 898,535 898,535 88,616 25,545 135,660 882,527 99% 877,036 877,036 91,275 27,027 67,410 939,165 99% 927,928 927,928 94,013 30,348 10,328 1,060,209 98% 1,041,961 1,041,961 96,833 33,102 35,393 1,163,123 98% 1,136,504 1,136,504 99,738 35,723 45,473 1,262,792 97% 1,226,492 1,226,492 102,730 39,228 21,629 1,394,339 97% 1,346,822 1,346,822 105,812 34,738 294,711 1,251,690 95% 1,192,661 1,192,661 108,987 36,146 96,766 1,308,157 95% 1,241,028 Description Misc. Site Components Monument Sign (Large) Refurbishment Monument Sign (Small) Refurbishment Misc. Site Components Total: 4,140 2,070 6,210 Fence & Gates Aluminum Fencing - Pool Aluminum Gates/Fence- Entry Chain Link Fence VC - Sport Courts Chain Link Fence/Gates - Dumpster Viny Ranch Fence - Tynes Blvd. Vinyl Fencing - Pine Ridge Pkwy Fence & Gates Total: 3,034 3,455 6,489 Parking Lots Asphalt Resurfacing - Phase I Asphalt Resurfacing - Phase II Concrete Curbing Allow at Paving - Phase I Concrete Curbing Allow at Paving - Phase II Parking Lots Total: 66,367 5,004 71,371 Site Lighting Decorative Light Poles - Parking Lot Decorative Light Poles - Playgound/Trail Decorative Light Poles - Pool Light Fixtures - Concrete Poles Site Lighting Total: 22,122 36,871 41,084 100,077 Community Advisors Page 3-1 March 23, 2024 Pine Ridge Plantation CDD Income & Expense Spreadsheet 24-25 25-26 26-27 27-28 28-29 29-30 30-31 31-32 32-33 33-34 Description Misc. Building Components Exterior Door/Window Allowance (Partial Replace) Folding Partition - Meeting Room Refurbish Allowance - Clubhouse Restrooms Refurbish Allowance -Locker Rooms Misc. Building Components Total: Roofing Metal Roof - Clubhouse Metal Roof - Pool Slide Tower Roofing Total: Cabinets & Tops Cabinets & Top - Outdoor Gathering Cabinets & Tops - Meeting Area Cabinets & Tops - Serving Room Cabinets & Tops Total: 3,659 3,659 5,899 12,220 18,119 Exterior Painting Painting - Clubhouse Siding & Trim Painting - Pool Slide Stairs Exterior Painting Total: 4,671 4,671 23,169 23,169 Flooring Carpet - Clubhouse (replace with vinyl) Rubber Floor - Fitness Room Tile Floor - Serving Room Vinyl Plank Floor - Activity Room/Corridor Wood Floor - Family Gathering Room Flooring Total: 3,780 3,780 5,804 4,365 7,577 17,747 Furniture Fixtures & Equipment Access Control System Ceiling Fans - Exterior Ceiling Fans - Family Gathering Room 3,881 Community Advisors Page 3-2 March 23, 2024 Pine Ridge Plantation CDD Income & Expense Spreadsheet 24-25 25-26 26-27 27-28 28-29 29-30 30-31 31-32 32-33 33-34 Description Furniture Fixtures & Equipment continued... Ceiling Fans - Fitness Center Fitness Equip. Allowance (partial replacement) Fitness Equip. Replace Allowance Furniture Allowance - Clubhouse 3,000 3,105 3,214 3,326 3,443 3,563 14,252 3,688 3,817 3,950 4,089 Office Furniture 2,375 Pool/Patio Furniture Allowance (partial replaceme.. Pool/Patio Furniture Replacement Allowance Security Camera System Allowance 3,000 3,105 3,214 3,326 3,443 3,563 3,688 3,817 3,950 55,306 4,089 Furniture Fixtures & Equipment Total: 6,000 6,210 6,427 10,533 6,885 23,754 7,376 7,634 63,207 8,177 HVAC Equipment Air Handler (refurbished) HVAC Unit 1 HVAC Unit 2 10,178 HVAC Unit 3 A Condensor 6,000 HVAC Unit 3 B Condensor 3,600 HVAC Equipment Total: 9,600 10,178 Life Safety Systems Fire Alarm Panel 8,076 Life Safety Systems Total: 8,076 Playground Playground Equipment Allowance Wood Benches/Tables 27,718 6,321 Playground Total: 27,718 6,321 Sport Courts Drinking Fountain Shade Fabric - Sport Courts Shade Structure Replacement - Sport Courts Sport Court Replacement Sport Court Resurfacing (color coat) 29,738 Sport Courts Total: 29,738 Community Advisors Page 3-3 March 23, 2024 Pine Ridge Plantation CDD Income & Expense Spreadsheet 24-25 25-26 26-27 27-28 28-29 29-30 30-31 31-32 32-33 33-34 Description Swimming Pool Concrete Pavers - Pool Deck/Patio Fiberglass Refurbish Allow - Pool Slide Filtration Equip Allowance (partial replacement) 3,000 3,105 3,214 3,326 3,443 3,563 3,688 3,817 3,950 4,089 Filtration System Refurishment Allowance Pool Lift 7,429 Pool Resurfacing/Tile 126,019 Pool Splash Equipment Allowance 22,174 Refurbish Allowance - Pool Slide Frame Shade Fabric - Pool Shade Structure Replacement 61,330 Splash Pad Equipment Allowance Swimming Pool Total: 3,000 3,105 129,233 25,501 3,443 3,563 3,688 3,817 11,380 65,419 Operating Expense Backflow Preventer Repair Unfunded Electrical Panels/Disconnects Unfunded Fire Detection Devices Unfunded Flag Pole Unfunded Grills Unfunded Interior Painting - Clubhouse Unfunded Laminated Beam Repair Unfunded Message Board Unfunded Painting - Entry Features Unfunded Painting - Pool Equipment Yard Unfunded Pendent Lights - Breezeway Unfunded Refrigerator Unfunded Splash Pad Coating/Repair Unfunded Sport Court Nets/Equipment Unfunded Trash Cans/ Misc. Site Furnishings Unfunded Water Coolers - Clubhouse Unfunded Water Heater - Clubhouse Unfunded Community Advisors Page 3-4 March 23, 2024 Pine Ridge Plantation CDD Income & Expense Spreadsheet 24-25 25-26 26-27 27-28 28-29 29-30 30-31 31-32 32-33 33-34 Description Components Not Included Backflow Preventer Replacement Building Foundation/Frame Communication Wiring/Devices in Building Electrical Wiring/Devices in Building Light Poles (Concrete) - Parking Lot Siding/Trim Replacement Site Utilities Unfunded Unfunded Unfunded Unfunded Unfunded Unfunded Unfunded Water/Sewer/Vent Piping In building Unfunded Components Removed Wood Pergolas - Entry Signs Unfunded Year Total: 22,380 15,525 135,660 67,410 10,328 35,393 45,473 21,629 294,711 96,766 Community Advisors Page 3-5 March 23, 2024 Pine Ridge Plantation CDD Income & Expense Spreadsheet 34-35 35-36 36-37 37-38 38-39 39-40 40-41 41-42 42-43 43-44 Beginning Balance Annual Assessment Interest Earned Expenditures Fully Funded Reserves Percent Fully Funded Ending Balance 1,241,028 112,256 31,167 314,383 1,143,310 94% 1,070,069 1,070,069 115,624 35,177 13,140 1,291,110 94% 1,207,730 1,207,730 119,093 37,894 63,676 1,396,027 93% 1,301,040 1,301,040 122,665 33,891 293,992 1,270,104 92% 1,163,605 1,163,605 126,345 31,189 250,302 1,189,802 90% 1,070,838 1,070,838 130,136 35,253 25,867 1,343,706 90% 1,210,359 1,210,359 134,040 39,552 26,010 1,507,717 90% 1,357,941 1,357,941 138,061 44,318 18,736 1,690,032 90% 1,521,584 1,521,584 142,203 45,000 163,793 1,733,807 89% 1,544,993 1,544,993 146,469 48,783 65,365 1,886,383 89% 1,674,880 Description Misc. Site Components Monument Sign (Large) Refurbishment Monument Sign (Small) Refurbishment Misc. Site Components Total: 6,936 3,468 10,404 Fence & Gates Aluminum Fencing - Pool Aluminum Gates/Fence- Entry Chain Link Fence VC - Sport Courts Chain Link Fence/Gates - Dumpster Viny Ranch Fence - Tynes Blvd. Vinyl Fencing - Pine Ridge Pkwy Fence & Gates Total: 7,801 7,801 Parking Lots Asphalt Resurfacing - Phase I Asphalt Resurfacing - Phase II Concrete Curbing Allow at Paving - Phase I Concrete Curbing Allow at Paving - Phase II Parking Lots Total: Site Lighting Decorative Light Poles - Parking Lot Decorative Light Poles - Playgound/Trail Decorative Light Poles - Pool Light Fixtures - Concrete Poles Site Lighting Total: 11,888 11,888 Community Advisors Page 3-6 March 23, 2024 Pine Ridge Plantation CDD Income & Expense Spreadsheet Description Misc. Building Components Exterior Door/Window Allowance (Partial Replace) Folding Partition - Meeting Room Refurbish Allowance - Clubhouse Restrooms Refurbish Allowance -Locker Rooms Misc. Building Components Total: 34-35 46,945 146,973 193,918 35-36 36-37 37-38 4,473 4,473 38-39 39-40 40-41 41-42 42-43 43-44 Roofing Metal Roof - Clubhouse Metal Roof - Pool Slide Tower Roofing Total: 270,940 4,504 275,444 Cabinets & Tops Cabinets & Top - Outdoor Gathering Cabinets & Tops - Meeting Area Cabinets & Tops - Serving Room Cabinets & Tops Total: Exterior Painting Painting - Clubhouse Siding & Trim Painting - Pool Slide Stairs Exterior Painting Total: 6,151 6,151 32,683 32,683 Flooring Carpet - Clubhouse (replace with vinyl) Rubber Floor - Fitness Room Tile Floor - Serving Room Vinyl Plank Floor - Activity Room/Corridor Wood Floor - Family Gathering Room Flooring Total: 18,723 18,723 Furniture Fixtures & Equipment Access Control System Ceiling Fans - Exterior Ceiling Fans - Family Gathering Room 9,429 2,584 6,501 Community Advisors Page 3-7 March 23, 2024 Pine Ridge Plantation CDD Income & Expense Spreadsheet 34-35 35-36 36-37 37-38 38-39 39-40 40-41 41-42 42-43 43-44 Description Furniture Fixtures & Equipment continued... Ceiling Fans - Fitness Center Fitness Equip. Allowance (partial replacement) Fitness Equip. Replace Allowance Furniture Allowance - Clubhouse 4,232 4,380 4,533 4,692 4,856 2,413 5,026 5,202 5,384 5,572 5,768 Office Furniture Pool/Patio Furniture Allowance (partial replaceme.. Pool/Patio Furniture Replacement Allowance Security Camera System Allowance 4,232 4,380 4,533 22,666 4,692 4,856 5,026 5,202 5,384 5,572 5,768 Furniture Fixtures & Equipment Total: 8,464 8,760 41,162 9,384 9,712 12,465 10,404 13,352 17,646 11,535 HVAC Equipment Air Handler (refurbished) HVAC Unit 1 11,849 8,377 HVAC Unit 2 15,380 HVAC Unit 3 A Condensor 9,066 HVAC Unit 3 B Condensor 5,440 HVAC Equipment Total: 11,849 14,506 8,377 15,380 Life Safety Systems Fire Alarm Panel Life Safety Systems Total: Playground Playground Equipment Allowance Wood Benches/Tables 46,437 Playground Total: 46,437 Sport Courts Drinking Fountain Shade Fabric - Sport Courts Shade Structure Replacement - Sport Courts Sport Court Replacement Sport Court Resurfacing (color coat) 3,475 39,159 Sport Courts Total: 3,475 39,159 Community Advisors Page 3-8 March 23, 2024 Pine Ridge Plantation CDD Income & Expense Spreadsheet 34-35 35-36 36-37 37-38 38-39 39-40 40-41 41-42 42-43 43-44 Description Swimming Pool Concrete Pavers - Pool Deck/Patio Fiberglass Refurbish Allow - Pool Slide 40,907 Filtration Equip Allowance (partial replacement) 4,232 4,380 4,533 4,692 4,856 5,026 5,202 5,384 5,572 5,768 Filtration System Refurishment Allowance 55,725 Pool Lift Pool Resurfacing/Tile 190,423 Pool Splash Equipment Allowance Refurbish Allowance - Pool Slide Frame 55,013 Shade Fabric - Pool Shade Structure Replacement Splash Pad Equipment Allowance Swimming Pool Total: 100,153 4,380 4,533 4,692 195,279 5,026 5,202 5,384 61,297 5,768 Operating Expense Backflow Preventer Repair Unfunded Electrical Panels/Disconnects Unfunded Fire Detection Devices Unfunded Flag Pole Unfunded Grills Unfunded Interior Painting - Clubhouse Unfunded Laminated Beam Repair Unfunded Message Board Unfunded Painting - Entry Features Unfunded Painting - Pool Equipment Yard Unfunded Pendent Lights - Breezeway Unfunded Refrigerator Unfunded Splash Pad Coating/Repair Unfunded Sport Court Nets/Equipment Unfunded Trash Cans/ Misc. Site Furnishings Unfunded Water Coolers - Clubhouse Unfunded Water Heater - Clubhouse Unfunded Community Advisors Page 3-9 March 23, 2024 Pine Ridge Plantation CDD Income & Expense Spreadsheet 34-35 35-36 36-37 37-38 38-39 39-40 40-41 41-42 42-43 43-44 Description Components Not Included Backflow Preventer Replacement Building Foundation/Frame Communication Wiring/Devices in Building Electrical Wiring/Devices in Building Light Poles (Concrete) - Parking Lot Siding/Trim Replacement Site Utilities Unfunded Unfunded Unfunded Unfunded Unfunded Unfunded Unfunded Water/Sewer/Vent Piping In building Unfunded Components Removed Wood Pergolas - Entry Signs Unfunded Year Total: 314,383 13,140 63,676 293,992 250,302 25,867 26,010 18,736 163,793 65,365 Community Advisors Page 3-10 March 23, 2024 Pine Ridge Plantation CDD Income & Expense Spreadsheet 44-45 45-46 46-47 47-48 48-49 49-50 50-51 51-52 52-53 53-54 Beginning Balance Annual Assessment Interest Earned Expenditures Fully Funded Reserves Percent Fully Funded Ending Balance 1,674,880 150,863 53,898 29,134 2,087,381 89% 1,850,507 1,850,507 155,389 59,621 18,535 2,312,165 89% 2,046,982 2,046,982 160,051 58,960 241,696 2,319,826 87% 2,024,296 2,024,296 164,852 41,401 809,128 1,740,273 82% 1,421,421 1,421,421 169,798 45,435 76,720 1,911,753 82% 1,559,934 1,559,934 174,892 49,932 70,425 2,099,576 82% 1,714,333 1,714,333 180,138 47,541 309,756 2,054,509 79% 1,632,257 1,632,257 185,543 52,237 76,555 2,256,300 79% 1,793,482 1,793,482 191,109 34,209 844,293 1,677,864 70% 1,174,507 1,174,507 196,842 39,025 70,509 1,887,624 71% 1,339,866 Description Misc. Site Components Monument Sign (Large) Refurbishment Monument Sign (Small) Refurbishment Misc. Site Components Total: Fence & Gates Aluminum Fencing - Pool Aluminum Gates/Fence- Entry Chain Link Fence VC - Sport Courts Chain Link Fence/Gates - Dumpster Viny Ranch Fence - Tynes Blvd. Vinyl Fencing - Pine Ridge Pkwy Fence & Gates Total: 164,956 28,168 193,123 185,634 185,634 Parking Lots Asphalt Resurfacing - Phase I Asphalt Resurfacing - Phase II Concrete Curbing Allow at Paving - Phase I Concrete Curbing Allow at Paving - Phase II Parking Lots Total: 102,571 8,383 110,954 Site Lighting Decorative Light Poles - Parking Lot Decorative Light Poles - Playgound/Trail Decorative Light Poles - Pool Light Fixtures - Concrete Poles Site Lighting Total: Community Advisors Page 3-11 March 23, 2024 Pine Ridge Plantation CDD Income & Expense Spreadsheet 44-45 45-46 46-47 47-48 48-49 49-50 50-51 51-52 52-53 53-54 Description Misc. Building Components Exterior Door/Window Allowance (Partial Replace) Folding Partition - Meeting Room Refurbish Allowance - Clubhouse Restrooms 104,807 Refurbish Allowance -Locker Rooms Misc. Building Components Total: 104,807 Roofing Metal Roof - Clubhouse Metal Roof - Pool Slide Tower Roofing Total: Cabinets & Tops Cabinets & Top - Outdoor Gathering Cabinets & Tops - Meeting Area Cabinets & Tops - Serving Room 7,280 Cabinets & Tops Total: 7,280 Exterior Painting Painting - Clubhouse Siding & Trim Painting - Pool Slide Stairs 8,100 46,102 Exterior Painting Total: 8,100 46,102 Flooring Carpet - Clubhouse (replace with vinyl) Rubber Floor - Fitness Room Tile Floor - Serving Room Vinyl Plank Floor - Activity Room/Corridor Wood Floor - Family Gathering Room Flooring Total: Furniture Fixtures & Equipment Access Control System Ceiling Fans - Exterior Ceiling Fans - Family Gathering Room 15,797 Community Advisors Page 3-12 March 23, 2024 Pine Ridge Plantation CDD Income & Expense Spreadsheet 44-45 45-46 46-47 47-48 48-49 49-50 50-51 51-52 52-53 53-54 Description Furniture Fixtures & Equipment continued... Ceiling Fans - Fitness Center Fitness Equip. Allowance (partial replacement) Fitness Equip. Replace Allowance Furniture Allowance - Clubhouse 5,969 6,178 6,395 88,245 6,850 7,090 28,359 7,338 7,595 7,861 8,136 Office Furniture 4,726 Pool/Patio Furniture Allowance (partial replaceme.. Pool/Patio Furniture Replacement Allowance Security Camera System Allowance 5,969 6,178 6,395 6,618 6,850 7,090 7,338 7,595 37,974 7,861 8,136 Furniture Fixtures & Equipment Total: 11,939 12,357 12,789 94,863 13,700 47,265 14,676 68,960 15,721 16,271 HVAC Equipment Air Handler (refurbished) HVAC Unit 1 17,905 HVAC Unit 2 HVAC Unit 3 A Condensor 13,700 HVAC Unit 3 B Condensor 8,220 HVAC Equipment Total: 17,905 21,920 Life Safety Systems Fire Alarm Panel 16,070 Life Safety Systems Total: 16,070 Playground Playground Equipment Allowance Wood Benches/Tables 12,577 Playground Total: 12,577 Sport Courts Drinking Fountain Shade Fabric - Sport Courts Shade Structure Replacement - Sport Courts Sport Court Replacement Sport Court Resurfacing (color coat) 51,566 34,250 12,577 505,117 Sport Courts Total: 51,566 34,250 517,694 Community Advisors Page 3-13 March 23, 2024 Pine Ridge Plantation CDD Income & Expense Spreadsheet 44-45 45-46 46-47 47-48 48-49 49-50 50-51 51-52 52-53 53-54 Description Swimming Pool Concrete Pavers - Pool Deck/Patio 244,287 Fiberglass Refurbish Allow - Pool Slide 61,814 Filtration Equip Allowance (partial replacement) 5,969 6,178 6,395 6,618 6,850 7,090 7,338 7,595 7,861 8,136 Filtration System Refurishment Allowance Pool Lift 11,226 Pool Resurfacing/Tile 287,743 Pool Splash Equipment Allowance 44,122 Refurbish Allowance - Pool Slide Frame 83,129 Shade Fabric - Pool 15,222 Shade Structure Replacement Splash Pad Equipment Allowance 92,657 Swimming Pool Total: 17,196 6,178 151,337 402,907 6,850 7,090 295,080 7,595 7,861 8,136 Operating Expense Backflow Preventer Repair Unfunded Electrical Panels/Disconnects Unfunded Fire Detection Devices Unfunded Flag Pole Unfunded Grills Unfunded Interior Painting - Clubhouse Unfunded Laminated Beam Repair Unfunded Message Board Unfunded Painting - Entry Features Unfunded Painting - Pool Equipment Yard Unfunded Pendent Lights - Breezeway Unfunded Refrigerator Unfunded Splash Pad Coating/Repair Unfunded Sport Court Nets/Equipment Unfunded Trash Cans/ Misc. Site Furnishings Unfunded Water Coolers - Clubhouse Unfunded Water Heater - Clubhouse Unfunded Community Advisors Page 3-14 March 23, 2024 Pine Ridge Plantation CDD Income & Expense Spreadsheet 44-45 45-46 46-47 47-48 48-49 49-50 50-51 51-52 52-53 53-54 Description Components Not Included Backflow Preventer Replacement Building Foundation/Frame Communication Wiring/Devices in Building Electrical Wiring/Devices in Building Light Poles (Concrete) - Parking Lot Siding/Trim Replacement Site Utilities Unfunded Unfunded Unfunded Unfunded Unfunded Unfunded Unfunded Water/Sewer/Vent Piping In building Unfunded Components Removed Wood Pergolas - Entry Signs Unfunded Year Total: 29,134 18,535 241,696 809,128 76,720 70,425 309,756 76,555 844,293 70,509 Community Advisors Page 3-15 March 23, 2024 Pine Ridge Plantation CDD Annual Expenditure Detail Description Expenditures Replacement Year 24-25 Flooring Carpet - Clubhouse (replace with vinyl) 3,780 Furniture Fixtures & Equipment Fitness Equip. Allowance (partial replacement) 3,000 Pool/Patio Furniture Allowance (partial replacement) 3,000 HVAC Equipment HVAC Unit 3 A Condensor 6,000 HVAC Unit 3 B Condensor 3,600 Swimming Pool Filtration Equip Allowance (partial replacement) 3,000 Total for 2024 - 2025 $22,380 Replacement Year 25-26 Misc. Site Components Monument Sign (Large) Refurbishment 4,140 Monument Sign (Small) Refurbishment 2,070 Furniture Fixtures & Equipment Fitness Equip. Allowance (partial replacement) 3,105 Pool/Patio Furniture Allowance (partial replacement) 3,105 Swimming Pool Filtration Equip Allowance (partial replacement) 3,105 Total for 2025 - 2026 $15,525 Replacement Year 26-27 Furniture Fixtures & Equipment Fitness Equip. Allowance (partial replacement) 3,214 Pool/Patio Furniture Allowance (partial replacement) 3,214 Swimming Pool Filtration Equip Allowance (partial replacement) 3,214 Pool Resurfacing/Tile 126,019 Total for 2026 - 2027 $135,660 Replacement Year 27-28 Cabinets & Tops Cabinets & Top - Outdoor Gathering 3,659 Community Advisors Page 4-1 March 23, 2024 Pine Ridge Plantation CDD Annual Expenditure Detail Description Expenditures Replacement Year 27-28 continued... Furniture Fixtures & Equipment Access Control System 3,881 Fitness Equip. Allowance (partial replacement) 3,326 Pool/Patio Furniture Allowance (partial replacement) 3,326 Playground Playground Equipment Allowance 27,718 Swimming Pool Filtration Equip Allowance (partial replacement) 3,326 Pool Splash Equipment Allowance 22,174 Total for 2027 - 2028 $67,410 Replacement Year 28-29 Furniture Fixtures & Equipment Fitness Equip. Allowance (partial replacement) 3,443 Pool/Patio Furniture Allowance (partial replacement) 3,443 Swimming Pool Filtration Equip Allowance (partial replacement) 3,443 Total for 2028 - 2029 $10,328 Replacement Year 29-30 Furniture Fixtures & Equipment Fitness Equip. Allowance (partial replacement) 3,563 Furniture Allowance - Clubhouse 14,252 Office Furniture 2,375 Pool/Patio Furniture Allowance (partial replacement) 3,563 Life Safety Systems Fire Alarm Panel 8,076 Swimming Pool Filtration Equip Allowance (partial replacement) 3,563 Total for 2029 - 2030 $35,393 Replacement Year 30-31 Exterior Painting Painting - Pool Slide Stairs 4,671 Community Advisors Page 4-2 March 23, 2024 Pine Ridge Plantation CDD Annual Expenditure Detail Description Expenditures Replacement Year 30-31 continued... Furniture Fixtures & Equipment Fitness Equip. Allowance (partial replacement) 3,688 Pool/Patio Furniture Allowance (partial replacement) 3,688 Sport Courts Sport Court Resurfacing (color coat) 29,738 Swimming Pool Filtration Equip Allowance (partial replacement) 3,688 Total for 2030 - 2031 $45,473 Replacement Year 31-32 Furniture Fixtures & Equipment Fitness Equip. Allowance (partial replacement) 3,817 Pool/Patio Furniture Allowance (partial replacement) 3,817 HVAC Equipment HVAC Unit 2 10,178 Swimming Pool Filtration Equip Allowance (partial replacement) 3,817 Total for 2031 - 2032 $21,629 Replacement Year 32-33 Fence & Gates Chain Link Fence/Gates - Dumpster 3,034 Vinyl Fencing - Pine Ridge Pkwy 3,455 Parking Lots Asphalt Resurfacing - Phase I 66,367 Concrete Curbing Allow at Paving - Phase I 5,004 Site Lighting Decorative Light Poles - Parking Lot 22,122 Decorative Light Poles - Playgound/Trail 36,871 Decorative Light Poles - Pool 41,084 Cabinets & Tops Cabinets & Tops - Meeting Area 5,899 Cabinets & Tops - Serving Room 12,220 Community Advisors Page 4-3 March 23, 2024 Pine Ridge Plantation CDD Annual Expenditure Detail Description Expenditures Replacement Year 32-33 continued... Flooring Rubber Floor - Fitness Room 5,804 Tile Floor - Serving Room 4,365 Vinyl Plank Floor - Activity Room/Corridor 7,577 Furniture Fixtures & Equipment Fitness Equip. Allowance (partial replacement) 3,950 Pool/Patio Furniture Allowance (partial replacement) 3,950 Pool/Patio Furniture Replacement Allowance 55,306 Playground Wood Benches/Tables 6,321 Swimming Pool Filtration Equip Allowance (partial replacement) 3,950 Pool Lift 7,429 Total for 2032 - 2033 $294,711 Replacement Year 33-34 Exterior Painting Painting - Clubhouse Siding & Trim 23,169 Furniture Fixtures & Equipment Fitness Equip. Allowance (partial replacement) 4,089 Pool/Patio Furniture Allowance (partial replacement) 4,089 Swimming Pool Filtration Equip Allowance (partial replacement) 4,089 Shade Structure Replacement 61,330 Total for 2033 - 2034 $96,766 Replacement Year 34-35 Misc. Building Components Refurbish Allowance - Clubhouse Restrooms 46,945 Refurbish Allowance - Locker Rooms 146,973 Furniture Fixtures & Equipment Fitness Equip. Allowance (partial replacement) 4,232 Pool/Patio Furniture Allowance (partial replacement) 4,232 Community Advisors Page 4-4 March 23, 2024 Pine Ridge Plantation CDD Annual Expenditure Detail Description Expenditures Replacement Year 34-35 continued... HVAC Equipment HVAC Unit 1 11,849 Swimming Pool Fiberglass Refurbish Allow - Pool Slide 40,907 Filtration Equip Allowance (partial replacement) 4,232 Refurbish Allowance - Pool Slide Frame 55,013 Total for 2034 - 2035 $314,383 Replacement Year 35-36 Furniture Fixtures & Equipment Fitness Equip. Allowance (partial replacement) 4,380 Pool/Patio Furniture Allowance (partial replacement) 4,380 Swimming Pool Filtration Equip Allowance (partial replacement) 4,380 Total for 2035 - 2036 $13,140 Replacement Year 36-37 Furniture Fixtures & Equipment Ceiling Fans - Exterior 9,429 Fitness Equip. Allowance (partial replacement) 4,533 Pool/Patio Furniture Allowance (partial replacement) 4,533 Security Camera System Allowance 22,666 HVAC Equipment HVAC Unit 3 A Condensor 9,066 HVAC Unit 3 B Condensor 5,440 Sport Courts Shade Fabric - Sport Courts 3,475 Swimming Pool Filtration Equip Allowance (partial replacement) 4,533 Total for 2036 - 2037 $63,676 Replacement Year 37-38 Misc. Building Components Folding Partition - Meeting Room 4,473 Community Advisors Page 4-5 March 23, 2024 Pine Ridge Plantation CDD Annual Expenditure Detail Description Expenditures Replacement Year 37-38 continued... Roofing Metal Roof - Clubhouse 270,940 Metal Roof - Pool Slide Tower 4,504 Furniture Fixtures & Equipment Fitness Equip. Allowance (partial replacement) 4,692 Pool/Patio Furniture Allowance (partial replacement) 4,692 Swimming Pool Filtration Equip Allowance (partial replacement) 4,692 Total for 2037 - 2038 $293,992 Replacement Year 38-39 Exterior Painting Painting - Pool Slide Stairs 6,151 Furniture Fixtures & Equipment Fitness Equip. Allowance (partial replacement) 4,856 Pool/Patio Furniture Allowance (partial replacement) 4,856 Sport Courts Sport Court Resurfacing (color coat) 39,159 Swimming Pool Filtration Equip Allowance (partial replacement) 4,856 Pool Resurfacing/Tile 190,423 Total for 2038 - 2039 $250,302 Replacement Year 39-40 Furniture Fixtures & Equipment Ceiling Fans - Fitness Center 2,413 Fitness Equip. Allowance (partial replacement) 5,026 Pool/Patio Furniture Allowance (partial replacement) 5,026 HVAC Equipment Air Handler (refurbished) 8,377 Swimming Pool Filtration Equip Allowance (partial replacement) 5,026 Total for 2039 - 2040 $25,867 Community Advisors Page 4-6 March 23, 2024 Pine Ridge Plantation CDD Annual Expenditure Detail Description Expenditures Replacement Year 40-41 Misc. Site Components Monument Sign (Large) Refurbishment 6,936 Monument Sign (Small) Refurbishment 3,468 Furniture Fixtures & Equipment Fitness Equip. Allowance (partial replacement) 5,202 Pool/Patio Furniture Allowance (partial replacement) 5,202 Swimming Pool Filtration Equip Allowance (partial replacement) 5,202 Total for 2040 - 2041 $26,010 Replacement Year 41-42 Furniture Fixtures & Equipment Ceiling Fans - Family Gathering Room 2,584 Fitness Equip. Allowance (partial replacement) 5,384 Pool/Patio Furniture Allowance (partial replacement) 5,384 Swimming Pool Filtration Equip Allowance (partial replacement) 5,384 Total for 2041 - 2042 $18,736 Replacement Year 42-43 Fence & Gates Aluminum Gates/Fence- Entry 7,801 Site Lighting Light Fixtures - Concrete Poles 11,888 Flooring Wood Floor - Family Gathering Room 18,723 Furniture Fixtures & Equipment Access Control System 6,501 Fitness Equip. Allowance (partial replacement) 5,572 Pool/Patio Furniture Allowance (partial replacement) 5,572 Playground Playground Equipment Allowance 46,437 Swimming Pool Filtration Equip Allowance (partial replacement) 5,572 Community Advisors Page 4-7 March 23, 2024 Pine Ridge Plantation CDD Annual Expenditure Detail Description Expenditures Replacement Year 42-43 continued... Filtration System Refurishment Allowance 55,725 Total for 2042 - 2043 $163,793 Replacement Year 43-44 Exterior Painting Painting - Clubhouse Siding & Trim Furniture Fixtures & Equipment Fitness Equip. Allowance (partial replacement) Pool/Patio Furniture Allowance (partial replacement) HVAC Equipment HVAC Unit 2 32,683 5,768 5,768 15,380 Swimming Pool Filtration Equip Allowance (partial replacement) 5,768 Total for 2043 - 2044 $65,365 Replacement Year 44-45 Furniture Fixtures & Equipment Fitness Equip. Allowance (partial replacement) Pool/Patio Furniture Allowance (partial replacement) Swimming Pool Filtration Equip Allowance (partial replacement) Pool Lift 5,969 5,969 5,969 11,226 Total for 2044 - 2045 $29,134 Replacement Year 45-46 Furniture Fixtures & Equipment Fitness Equip. Allowance (partial replacement) Pool/Patio Furniture Allowance (partial replacement) Swimming Pool Filtration Equip Allowance (partial replacement) 6,178 6,178 6,178 Total for 2045 - 2046 $18,535 Replacement Year 46-47 Exterior Painting Painting - Pool Slide Stairs 8,100 Community Advisors Page 4-8 March 23, 2024 Pine Ridge Plantation CDD Annual Expenditure Detail Description Expenditures Replacement Year 46-47 continued... Furniture Fixtures & Equipment Fitness Equip. Allowance (partial replacement) 6,395 Pool/Patio Furniture Allowance (partial replacement) 6,395 HVAC Equipment HVAC Unit 1 17,905 Sport Courts Sport Court Resurfacing (color coat) 51,566 Swimming Pool Fiberglass Refurbish Allow - Pool Slide 61,814 Filtration Equip Allowance (partial replacement) 6,395 Refurbish Allowance - Pool Slide Frame 83,129 Total for 2046 - 2047 $241,696 Replacement Year 47-48 Fence & Gates Aluminum Fencing - Pool 164,956 Viny Ranch Fence - Tynes Blvd. 28,168 Parking Lots Asphalt Resurfacing - Phase II 102,571 Concrete Curbing Allow at Paving - Phase II 8,383 Cabinets & Tops Cabinets & Top - Outdoor Gathering 7,280 Furniture Fixtures & Equipment Fitness Equip. Replace Allowance 88,245 Pool/Patio Furniture Allowance (partial replacement) 6,618 Swimming Pool Concrete Pavers - Pool Deck/Patio 244,287 Filtration Equip Allowance (partial replacement) 6,618 Pool Splash Equipment Allowance 44,122 Shade Fabric - Pool 15,222 Splash Pad Equipment Allowance 92,657 Total for 2047 - 2048 $809,128 Community Advisors Page 4-9 March 23, 2024 Pine Ridge Plantation CDD Annual Expenditure Detail Description Expenditures Replacement Year 48-49 Furniture Fixtures & Equipment Fitness Equip. Allowance (partial replacement) 6,850 Pool/Patio Furniture Allowance (partial replacement) 6,850 HVAC Equipment HVAC Unit 3 A Condensor 13,700 HVAC Unit 3 B Condensor 8,220 Sport Courts Shade Structure Replacement - Sport Courts 34,250 Swimming Pool Filtration Equip Allowance (partial replacement) 6,850 Total for 2048 - 2049 $76,720 Replacement Year 49-50 Furniture Fixtures & Equipment Fitness Equip. Allowance (partial replacement) 7,090 Furniture Allowance - Clubhouse 28,359 Office Furniture 4,726 Pool/Patio Furniture Allowance (partial replacement) 7,090 Life Safety Systems Fire Alarm Panel 16,070 Swimming Pool Filtration Equip Allowance (partial replacement) 7,090 Total for 2049 - 2050 $70,425 Replacement Year 50-51 Furniture Fixtures & Equipment Fitness Equip. Allowance (partial replacement) 7,338 Pool/Patio Furniture Allowance (partial replacement) 7,338 Swimming Pool Filtration Equip Allowance (partial replacement) 7,338 Pool Resurfacing/Tile 287,743 Total for 2050 - 2051 $309,756 Community Advisors Page 4-10 March 23, 2024 Pine Ridge Plantation CDD Annual Expenditure Detail Description Expenditures Replacement Year 51-52 Furniture Fixtures & Equipment Ceiling Fans - Exterior 15,797 Fitness Equip. Allowance (partial replacement) 7,595 Pool/Patio Furniture Allowance (partial replacement) 7,595 Security Camera System Allowance 37,974 Swimming Pool Filtration Equip Allowance (partial replacement) 7,595 Total for 2051 - 2052 $76,555 Replacement Year 52-53 Fence & Gates Chain Link Fence VC - Sport Courts 185,634 Misc. Building Components Exterior Door/Window Allowance (Partial Replace) 104,807 Furniture Fixtures & Equipment Fitness Equip. Allowance (partial replacement) 7,861 Pool/Patio Furniture Allowance (partial replacement) 7,861 Playground Wood Benches/Tables 12,577 Sport Courts Drinking Fountain 12,577 Sport Court Replacement 505,117 Swimming Pool Filtration Equip Allowance (partial replacement) 7,861 Total for 2052 - 2053 $844,293 Replacement Year 53-54 Exterior Painting Painting - Clubhouse Siding & Trim 46,102 Furniture Fixtures & Equipment Fitness Equip. Allowance (partial replacement) 8,136 Pool/Patio Furniture Allowance (partial replacement) 8,136 Swimming Pool Filtration Equip Allowance (partial replacement) 8,136 Total for 2053 - 2054 $70,509 Community Advisors Page 4-11 March 23, 2024 Community Advisors Page 4-12 March 23, 2024 Pine Ridge Plantation CDD Component Inventory Description Misc. Site Components Monument Sign (Large) Refurbishment 2008 25-26 15 3 1 1 Lump Sum 4,000.00 4,000 Monument Sign (Small) Refurbishment 2008 25-26 15 3 1 1 Lump Sum 2,000.00 2,000 Misc. Site Components -Total $6,000 Fence & Gates Aluminum Fencing - Pool 2023 47-48 25 023 804 Linear Feet 93.00 74,772 Aluminum Gates/Fence- Entry 2023 42-43 20 018 1 Lump Sum 4,200.00 4,200 Chain Link Fence VC -Sport Courts 2023 52-53 30 028 738 Linear Feet 96.00 70,848 Chain Link Fence/Gates -Dumpster 2008 32-33 25 0 8 48 Linear Feet 48.00 2,304 Viny Ranch Fence - Tynes Blvd. 2023 47-48 25 023 304 Linear Feet 42.00 12,768 Vinyl Fencing -Pine Ridge Pkwy 2008 32-33 25 0 8 82 Linear Feet 32.00 2,624 Fence & Gates - Total $167,516 Parking Lots Asphalt Resurfacing -Phase I 2008 32-33 25 0 8 2,400 Square Yards 21.00 50,400 Asphalt Resurfacing -Phase II 2023 47-48 25 023 2,214 Square Yards 21.00 46,494 Concrete Curbing Allow at Paving -Phase I 2008 32-33 25 0 8 100 Linear Feet 38.00 3,800 Concrete Curbing Allow at Paving -Phase II 2023 47-48 25 023 100 Linear Feet 38.00 3,800 Parking Lots -Total $104,494 Site Lighting Decorative Light Poles - Parking Lot 2008 32-33 25 0 8 6 Each 2,800.00 16,800 Decorative Light Poles - Playgound/Trail 2008 32-33 25 0 8 10 Each 2,800.00 28,000 Decorative Light Poles - Pool 2008 32-33 25 0 8 8 Each 3,900.00 31,200 Light Fixtures -Concrete Poles 2023 42-43 20 018 8 Each 800.00 6,400 Site Lighting -Total $82,400 Misc. Building Components Exterior Door/Window Allowance (Partial R..2008 52-53 45 028 1 Lump Sum 40,000.00 40,000 Folding Partition - Meeting Room 2008 37-38 30 013 13 Linear Feet 220.00 2,860 Refurbish Allowance -Clubhouse Restrooms 2008 34-35 25 210 260 Square Feet 128.00 33,280 Refurbish Allowance -Locker Rooms 2008 34-35 25 210 814 Square Feet 128.00 104,192 Misc. Building Components -Total $180,332 Roofing Metal Roof -Clubhouse 2008 37-38 30 0 13 12,200 Square Feet 14.20 173,240 Metal Roof -Pool Slide Tower 2008 37-38 30 013 80 Square Feet 36.00 2,880 Roofing -Total $176,120 Cabinets & Tops Cabinets & Top -Outdoor Gathering 2008 27-28 20 0 3 15 Linear Feet 220.00 3,300 Cabinets & Tops -Meeting Area 2008 32-33 25 0 8 14 Linear Feet 320.00 4,480 Cabinets & Tops -Serving Room 2008 32-33 25 0 8 29 Linear Feet 320.00 9,280 Cabinets & Tops -Total $17,060 Community Advisors Page 5-1 March 23, 2024 Pine Ridge Plantation CDD Component Inventory Description Exterior Painting Painting -Clubhouse Siding & Trim 2024 33-34 10 0 9 1 Lump Sum 17,000.00 17,000 Painting -Pool Slide Stairs 2023 30-31 8 0 6 1 Lump Sum 3,800.00 3,800 Exterior Painting -Total $20,800 Flooring Carpet - Clubhouse (replace with vinyl) 2008 24-25 8 0 0 450 Square Feet 8.40 3,780 Rubber Floor -Fitness Room 2008 32-33 25 0 8 76 Square Yards 58.00 4,408 Tile Floor -Serving Room 2008 32-33 25 0 8 260 Square Feet 12.75 3,315 Vinyl Plank Floor -Activity Room/Corridor 2008 32-33 25 0 8 685 Square Feet 8.40 5,754 Wood Floor - Family Gathering Room 2008 42-43 35 018 840 Square Feet 12.00 10,080 Flooring -Total $27,337 Furniture Fixtures & Equipment Access Control System 2008 27-28 15 5 3 1 Lump Sum 3,500.00 3,500 Ceiling Fans - Exterior 2022 36-37 15 012 13 Each 480.00 6,240 Ceiling Fans - Family Gathering Room 2022 41-42 20 017 3 Each 480.00 1,440 Ceiling Fans -Fitness Center 2022 39-40 15 315 3 Each 480.00 1,440 Fitness Equip. Allowance (partial replaceme..2008 24-25 1 0 0 1 Lump Sum 3,000.00 3,000 Fitness Equip. Replace Allowance 2008 47-48 40 023 1 Lump Sum 40,000.00 40,000 Furniture Allowance - Clubhouse 2008 29-30 20 2 5 1 Lump Sum 12,000.00 12,000 Office Furniture 2008 29-30 20 2 5 1 Lump Sum 2,000.00 2,000 Pool/Patio Furniture Allowance (partial repl..2008 24-25 1 0 0 1 Lump Sum 3,000.00 3,000 Pool/Patio Furniture Replacement Allowance 2008 32-33 25 0 8 1 Lump Sum 42,000.00 42,000 Security Camera System Allowance 2022 36-37 15 012 1 Lump Sum 15,000.00 15,000 Furniture Fixtures & Equipment -Total $129,620 HVAC Equipment Air Handler (refurbished) 2019 39-40 20 015 1 Lump Sum 5,000.00 5,000 HVAC Unit 1 2023 34-35 12 010 7Tons 1,200.00 8,400 HVAC Unit 2 2019 31-32 12 0 7 5Tons 1,600.00 8,000 HVAC Unit 3 A Condensor 2008 24-25 12 0 0 5Tons 1,200.00 6,000 HVAC Unit 3 B Condensor 2008 24-25 12 0 0 3Tons 1,200.00 3,600 HVAC Equipment -Total $31,000 Life Safety Systems Fire Alarm Panel 2008 29-30 20 2 5 1 Lump Sum 6,800.00 6,800 Life Safety Systems - Total $6,800 Playground Playground Equipment Allowance 2013 27-28 15 0 3 1 Lump Sum 25,000.00 25,000 Wood Benches/Tables 2013 32-33 20 0 8 4 Each 1,200.00 4,800 Playground -Total $29,800 Community Advisors Page 5-2 March 23, 2024 Pine Ridge Plantation CDD Component Inventory Description Sport Courts Drinking Fountain 2023 52-53 30 028 1 Each 4,800.00 4,800 Shade Fabric - Sport Courts 2023 36-37 14 012 1 Each 2,300.00 2,300 Shade Structure Replacement - Sport Courts 2023 48-49 26 024 1 Each 15,000.00 15,000 Sport Court Replacement 2023 52-53 30 028 2,520 Square Yards 76.50 192,780 Sport Court Resurfacing (color coat) 2023 30-31 8 0 6 2,520 Square Yards 9.60 24,192 Sport Courts -Total $239,072 Swimming Pool Concrete Pavers -Pool Deck/Patio 2008 47-48 40 0 23 14,570 Square Feet 7.60 110,732 Fiberglass Refurbish Allow -Pool Slide 2023 34-35 12 010 1 Lump Sum 29,000.00 29,000 Filtration Equip Allowance (partial replace.. 2008 24-25 1 0 0 1 Lump Sum 3,000.00 3,000 Filtration System Refurishment Allowance 2008 42-43 35 018 1 Lump Sum 30,000.00 30,000 Pool Lift 2021 32-33 12 0 8 1 Each 5,642.00 5,642 Pool Resurfacing/Tile 2015 26-27 12 0 2 3,460 Square Feet 34.00 117,640 Pool Splash Equipment Allowance 2008 27-28 20 0 3 1 Lump Sum 20,000.00 20,000 Refurbish Allowance - Pool Slide Frame 2023 34-35 12 010 1 Lump Sum 39,000.00 39,000 Shade Fabric -Pool 2024 47-48 14 10 23 3 Each 2,300.00 6,900 Shade Structure Replacement 2008 33-34 26 0 9 3 Each 15,000.00 45,000 Splash Pad Equipment Allowance 2023 47-48 25 023 1 Lump Sum 42,000.00 42,000 Swimming Pool -Total $448,914 Operating Expense Backflow Preventer Repair Unfunded Electrical Panels/Disconnects Unfunded Fire Detection Devices Unfunded Flag Pole Unfunded Grills Unfunded Interior Painting - Clubhouse Unfunded Laminated Beam Repair Unfunded Message Board Unfunded Painting - Entry Features Unfunded Painting - Pool Equipment Yard Unfunded Pendent Lights -Breezeway Unfunded Refrigerator Unfunded Splash Pad Coating/Repair Unfunded Sport Court Nets/Equipment Unfunded Trash Cans/ Misc. Site Furnishings Unfunded Water Coolers -Clubhouse Unfunded Water Heater - Clubhouse Unfunded Operating Expense -Total Components Not Included Backflow Preventer Replacement Unfunded Building Foundation/Frame Unfunded Community Advisors Page 5-3 March 23, 2024 Pine Ridge Plantation CDD Component Inventory Description Components Not Included continued... Communication Wiring/Devices in Building Unfunded Electrical Wiring/Devices in Building Unfunded Light Poles (Concrete) -Parking Lot Unfunded Siding/Trim Replacement Unfunded Site Utilities Unfunded Water/Sewer/Vent Piping In building Unfunded Components Not Included - Total Components Removed Wood Pergolas -Entry Signs Unfunded Components Removed -Total Total Asset Summary $1,667,265 Community Advisors Page 5-4 March 23, 2024 Pine Ridge Plantation CDD Component Detail Index Asset IDDescription Replacement Page Misc. Site Components 1005 Monument Sign (Large) Refurbishment 25-26 5-9 1006 Monument Sign (Small) Refurbishment 25-26 5-9 Fence & Gates 1047 Aluminum Fencing - Pool 47-48 5-11 1049 Aluminum Gates/Fence- Entry 42-43 5-11 Chain Link Fence VC - Sport Courts 52-53 5-12 1051 Chain Link Fence/Gates - Dumpster 32-33 5-12 1048 Viny Ranch Fence - Tynes Blvd. 47-48 5-13 1050 Vinyl Fencing - Pine Ridge Pkwy 32-33 5-13 Parking Lots 1001 Asphalt Resurfacing - Phase I 32-33 5-14 1001 Asphalt Resurfacing - Phase II 47-48 5-14 1002 Concrete Curbing Allow at Paving - Phase I 32-33 5-15 1002 Concrete Curbing Allow at Paving - Phase II 47-48 5-15 Site Lighting 1070 Decorative Light Poles - Parking Lot 32-33 5-16 1062 Decorative Light Poles - Playgound/Trail 32-33 5-16 1069 Decorative Light Poles - Pool 32-33 5-17 1071 Light Fixtures - Concrete Poles 42-43 5-17 Misc. Building Components Exterior Door/Window Allowance (Partial Replace) 52-53 5-18 1013 Folding Partition - Meeting Room 37-38 5-18 Refurbish Allowance - Clubhouse Restrooms 34-35 5-19 Refurbish Allowance - Locker Rooms 34-35 5-19 Roofing 1073 Metal Roof - Clubhouse 37-38 5-21 1072 Metal Roof - Pool Slide Tower 37-38 5-21 Cabinets & Tops 1089 Cabinets & Top - Outdoor Gathering 27-28 5-23 1085 Cabinets & Tops - Meeting Area 32-33 5-23 1086 Cabinets & Tops - Serving Room 32-33 5-24 Community Advisors Page 5-5 March 23, 2024 Pine Ridge Plantation CDD Component Detail Index Asset IDDescription Replacement Page Exterior Painting 1075 Painting - Clubhouse Siding & Trim 33-34 5-25 1077 Painting - Pool Slide Stairs 30-31 5-25 Flooring 1040 Carpet - Clubhouse (replace with vinyl) 24-25 5-26 1041 Rubber Floor - Fitness Room 32-33 5-26 1045 Tile Floor - Serving Room 32-33 5-27 1043 Vinyl Plank Floor - Activity Room/Corridor 32-33 5-27 1044 Wood Floor - Family Gathering Room 42-43 5-27 Furniture Fixtures & Equipment 1065 Access Control System 27-28 5-29 1064 Ceiling Fans - Exterior 36-37 5-29 1067 Ceiling Fans - Family Gathering Room 41-42 5-29 1063 Ceiling Fans - Fitness Center 39-40 5-30 1029 Fitness Equip. Allowance (partial replacement) 24-25 5-30 1029 Fitness Equip. Replace Allowance 47-48 5-31 Furniture Allowance - Clubhouse 29-30 5-32 1028 Office Furniture 29-30 5-32 1030 Pool/Patio Furniture Allowance (partial replacement) 24-25 5-33 1030 Pool/Patio Furniture Replacement Allowance 32-33 5-33 1066 Security Camera System Allowance 36-37 5-34 HVAC Equipment 1059 Air Handler (refurbished) 39-40 5-35 1061 HVAC Unit 1 34-35 5-35 1060 HVAC Unit 2 31-32 5-36 1060 HVAC Unit 3 A Condensor 24-25 5-36 1060 HVAC Unit 3 B Condensor 24-25 5-36 Life Safety Systems 1068 Fire Alarm Panel 29-30 5-37 Playground 1036 Playground Equipment Allowance 27-28 5-38 1035 Wood Benches/Tables 32-33 5-38 Community Advisors Page 5-6 March 23, 2024 Pine Ridge Plantation CDD Component Detail Index Asset IDDescription Replacement Page Sport Courts Drinking Fountain 52-53 5-39 1022 Shade Fabric - Sport Courts 36-37 5-39 Shade Structure Replacement - Sport Courts 48-49 5-40 Sport Court Replacement 52-53 5-40 Sport Court Resurfacing (color coat) 30-31 5-41 Swimming Pool Concrete Pavers - Pool Deck/Patio 47-48 5-42 1020 Fiberglass Refurbish Allow - Pool Slide 34-35 5-42 1025 Filtration Equip Allowance (partial replacement) 24-25 5-43 1025 Filtration System Refurishment Allowance 42-43 5-43 1021 Pool Lift 32-33 5-44 1018 Pool Resurfacing/Tile 26-27 5-44 1017 Pool Splash Equipment Allowance 27-28 5-45 1024 Refurbish Allowance - Pool Slide Frame 34-35 5-45 1022 Shade Fabric - Pool 47-48 5-46 1023 Shade Structure Replacement 33-34 5-46 Splash Pad Equipment Allowance 47-48 5-47 Operating Expense Backflow Preventer Repair 24-25 5-48 Electrical Panels/Disconnects 24-25 5-48 1071 Fire Detection Devices 24-25 5-49 Flag Pole 24-25 5-49 Grills 24-25 5-49 1074 Interior Painting - Clubhouse 24-25 5-50 Laminated Beam Repair 24-25 5-50 Message Board 24-25 5-51 1081 Painting - Entry Features 24-25 5-51 1078 Painting - Pool Equipment Yard 24-25 5-51 Pendent Lights - Breezeway 24-25 5-52 1034 Refrigerator 24-25 5-52 Splash Pad Coating/Repair 24-25 5-53 Sport Court Nets/Equipment 24-25 5-53 Trash Cans/ Misc. Site Furnishings 24-25 5-54 1053 Water Coolers - Clubhouse 24-25 5-54 1057 Water Heater - Clubhouse 24-25 5-55 Community Advisors Page 5-7 March 23, 2024 Pine Ridge Plantation CDD Component Detail Index Asset IDDescription Replacement Page Components Not Included Backflow Preventer Replacement 24-25 5-56 1071 Building Foundation/Frame 24-25 5-56 1071 Communication Wiring/Devices in Building 24-25 5-56 1071 Electrical Wiring/Devices in Building 24-25 5-57 1071 Light Poles (Concrete) - Parking Lot 24-25 5-57 1071 Siding/Trim Replacement 24-25 5-57 1071 Site Utilities 24-25 5-58 1071 Water/Sewer/Vent Piping In building 24-25 5-58 Components Removed 1004 Wood Pergolas - Entry Signs 24-25 5-59 Total Funded Assets 67 Total Unfunded Assets 26 Total Assets 93 Community Advisors Page 5-8 March 23, 2024 Pine Ridge Plantation CDD Component Detail Monument Sign (Large) Refurbishment - 2025 1 Lump Sum @ $4,000.00 Asset ID 1005 Asset Actual Cost $4,000.00 Percent Replacement 100% Category Misc. Site Components Future Cost $4,140.00 Placed in Service June 2008 Useful Life 15 Adjustment 3 Replacement Year 25-26 Remaining Life 1 Monument Sign (Small) Refurbishment - 2025 1 Lump Sum @ $2,000.00 Asset ID 1006 Asset Actual Cost $2,000.00 Percent Replacement 100% Category Misc. Site Components Future Cost $2,070.00 Placed in Service June 2008 Useful Life 15 Adjustment 3 Replacement Year 25-26 Remaining Life 1 Community Advisors Page 5-9 March 23, 2024 Pine Ridge Plantation CDD Component Detail Monument Sign (Small) Refurbishment continued... Community Advisors Page 5-10 March 23, 2024 Pine Ridge Plantation CDD Component Detail 804 Linear Feet @ $93.00 Asset ID 1047 Asset Actual Cost $74,772.00 Percent Replacement 100% Category Fence & Gates Future Cost $164,955.59 Placed in Service March 2023 Useful Life 25 Replacement Year 47-48 Remaining Life 23 Aluminum Fencing - Pool - 2047 Aluminum Gates/Fence- Entry - 2042 1 Lump Sum @ $4,200.00 Asset ID 1049 Asset Actual Cost $4,200.00 Percent Replacement 100% Category Fence & Gates Future Cost $7,801.45 Placed in Service June 2023 Useful Life 20 Replacement Year 42-43 Remaining Life 18 Community Advisors Page 5-11 March 23, 2024 Pine Ridge Plantation CDD Component Detail Chain Link Fence VC - Sport Courts - 2052 738 Linear Feet @ $96.00 Asset ID Asset Actual Cost $70,848.00 Percent Replacement 100% Category Fence & Gates Future Cost $185,633.94 Placed in Service June 2023 Useful Life 30 Replacement Year 52-53 Remaining Life 28 Chain Link Fence/Gates - Dumpster - 2032 48 Linear Feet @ $48.00 Asset ID 1051 Asset Actual Cost $2,304.00 Percent Replacement 100% Category Fence & Gates Future Cost $3,033.93 Placed in Service June 2008 Useful Life 25 Replacement Year 32-33 Remaining Life 8 Community Advisors Page 5-12 March 23, 2024 Pine Ridge Plantation CDD Component Detail Viny Ranch Fence - Tynes Blvd. - 2047 304 Linear Feet @ $42.00 Asset ID 1048 Asset Actual Cost $12,768.00 Percent Replacement 100% Category Fence & Gates Future Cost $28,167.67 Placed in Service March 2023 Useful Life 25 Replacement Year 47-48 Remaining Life 23 Vinyl Fencing - Pine Ridge Pkwy - 2032 82 Linear Feet @ $32.00 Asset ID 1050 Asset Actual Cost $2,624.00 Percent Replacement 100% Category Fence & Gates Future Cost $3,455.31 Placed in Service June 2008 Useful Life 25 Replacement Year 32-33 Remaining Life 8 Community Advisors Page 5-13 March 23, 2024 Pine Ridge Plantation CDD Component Detail Asphalt Resurfacing - Phase I - 2032 2,400 Square Yards @ $21.00 Asset ID 1001 Asset Actual Cost $50,400.00 Percent Replacement 100% Category Parking Lots Future Cost $66,367.18 Placed in Service June 2008 Useful Life 25 Replacement Year 32-33 Remaining Life 8 Asphalt Resurfacing - Phase II - 2047 2,214 Square Yards @ $21.00 Asset ID 1001 Asset Actual Cost $46,494.00 Percent Replacement 100% Category Parking Lots Future Cost $102,571.09 Placed in Service June 2023 Useful Life 25 Replacement Year 47-48 Remaining Life 23 Community Advisors Page 5-14 March 23, 2024 Pine Ridge Plantation CDD Component Detail Concrete Curbing Allow at Paving - Phase I - 2032 100 Linear Feet @ $38.00 Asset ID 1002 Asset Actual Cost $3,800.00 Percent Replacement 100% Category Parking Lots Future Cost $5,003.87 Placed in Service June 2008 Useful Life 25 Replacement Year 32-33 Remaining Life 8 Concrete Curbing Allow at Paving - Phase II - 2047 100 Linear Feet @ $38.00 Asset ID 1002 Asset Actual Cost $3,800.00 Percent Replacement 100% Category Parking Lots Future Cost $8,383.23 Placed in Service June 2023 Useful Life 25 Replacement Year 47-48 Remaining Life 23 Community Advisors Page 5-15 March 23, 2024 Pine Ridge Plantation CDD Component Detail Decorative Light Poles - Parking Lot - 2032 6 Each @ $2,800.00 Asset ID 1070 Asset Actual Cost $16,800.00 Percent Replacement 100% Category Site Lighting Future Cost $22,122.39 Placed in Service June 2008 Useful Life 25 Replacement Year 32-33 Remaining Life 8 Decorative Light Poles - Playgound/Trail - 2032 10 Each @ $2,800.00 Asset ID 1062 Asset Actual Cost $28,000.00 Percent Replacement 100% Category Site Lighting Future Cost $36,870.65 Placed in Service June 2008 Useful Life 25 Replacement Year 32-33 Remaining Life 8 Community Advisors Page 5-16 March 23, 2024 Pine Ridge Plantation CDD Component Detail 8 Each @ $3,900.00 Asset ID 1069 Asset Actual Cost $31,200.00 Percent Replacement 100% Category Site Lighting Future Cost $41,084.44 Placed in Service June 2008 Useful Life 25 Replacement Year 32-33 Remaining Life 8 Decorative Light Poles - Pool - 2032 8 Each @ $800.00 Asset ID 1071 Asset Actual Cost $6,400.00 Percent Replacement 100% Category Site Lighting Future Cost $11,887.93 Placed in Service June 2023 Useful Life 20 Replacement Year 42-43 Remaining Life 18 Light Fixtures - Concrete Poles - 2042 Community Advisors Page 5-17 March 23, 2024 Pine Ridge Plantation CDD Component Detail Exterior Door/Window Allowance (Partial Replace) - 2052 1 Lump Sum @ $40,000.00 Asset ID Asset Actual Cost $40,000.00 Percent Replacement 100% CategoryMisc. Building Components Future Cost $104,806.88 Placed in Service June 2008 Useful Life 45 Replacement Year 52-53 Remaining Life 28 Folding Partition - Meeting Room - 2037 13 Linear Feet @ $220.00 Asset ID 1013 Asset Actual Cost $2,860.00 Percent Replacement 100% CategoryMisc. Building Components Future Cost $4,472.91 Placed in Service June 2008 Useful Life 30 Replacement Year 37-38 Remaining Life 13 Community Advisors Page 5-18 March 23, 2024 Pine Ridge Plantation CDD Component Detail Refurbish Allowance - Clubhouse Restrooms - 2034 Asset ID 260 Square FeetAsset Actual Cost @ $128.00 $33,280.00 CategoryMisc. Building Components Placed in Service June 2008 Percent Replacement Future Cost 100% $46,944.73 Useful Life 25 Adjustment Replacement YearRemaining Life 2 34-35 10 Refurbish Allowance - Locker Rooms - 2034 Asset ID 814 Square FeetAsset Actual Cost @ $128.00 $104,192.00 CategoryMisc. Building Components Placed in Service June 2008 Percent Replacement Future Cost 100% $146,973.11 Useful Life 25 Adjustment Replacement YearRemaining Life 2 34-35 10 Community Advisors Page 5-19 March 23, 2024 Pine Ridge Plantation CDD Component Detail Refurbish Allowance - Locker Rooms continued... Community Advisors Page 5-20 March 23, 2024 Pine Ridge Plantation CDD Component Detail 12,200 Square Feet @ $14.20 Asset ID 1073 Asset Actual Cost $173,240.00 Percent Replacement 100% Category Roofing Future Cost $270,939.75 Placed in Service June 2008 Useful Life 30 Replacement Year 37-38 Remaining Life 13 Metal Roof - Clubhouse - 2037 Metal is discolored from previous cleaning. Recommend inspection, cleaning and repair as needed. Metal Roof - Pool Slide Tower - 2037 80 Square Feet @ $36.00 Asset ID 1072 Asset Actual Cost $2,880.00 Percent Replacement 100% Category Roofing Future Cost $4,504.19 Placed in Service June 2008 Useful Life 30 Replacement Year 37-38 Remaining Life 13 Community Advisors Page 5-21 March 23, 2024 Pine Ridge Plantation CDD Component Detail Metal Roof - Pool Slide Tower continued... Community Advisors Page 5-22 March 23, 2024 Pine Ridge Plantation CDD Component Detail Cabinets & Top - Outdoor Gathering - 2027 15 Linear Feet @ $220.00 Asset ID 1089 Asset Actual Cost $3,300.00 Percent Replacement 100% Category Cabinets & Tops Future Cost $3,658.77 Placed in Service June 2008 Useful Life 20 Replacement Year 27-28 Remaining Life 3 Cabinets & Tops - Meeting Area - 2032 14 Linear Feet @ $320.00 Asset ID 1085 Asset Actual Cost $4,480.00 Percent Replacement 100% Category Cabinets & Tops Future Cost $5,899.30 Placed in Service June 2008 Useful Life 25 Replacement Year 32-33 Remaining Life 8 Community Advisors Page 5-23 March 23, 2024 Pine Ridge Plantation CDD Component Detail Cabinets & Tops - Serving Room - 2032 29 Linear Feet @ $320.00 Asset ID 1086 Asset Actual Cost $9,280.00 Percent Replacement 100% Category Cabinets & Tops Future Cost $12,219.99 Placed in Service June 2008 Useful Life 25 Replacement Year 32-33 Remaining Life 8 Community Advisors Page 5-24 March 23, 2024 Pine Ridge Plantation CDD Component Detail Painting - Clubhouse Siding & Trim - 2033 1 Lump Sum @ $17,000.00 Asset ID 1075 Asset Actual Cost $17,000.00 Percent Replacement 100% Category Exterior Painting Future Cost $23,169.25 Placed in Service March 2024 Useful Life 10 Replacement Year 33-34 Remaining Life 9 1 Lump Sum @ $3,800.00 Asset ID 1077 Asset Actual Cost $3,800.00 Percent Replacement 100% Category Exterior Painting Future Cost $4,671.17 Placed in Service March 2023 Useful Life 8 Replacement Year 30-31 Remaining Life 6 Painting - Pool Slide Stairs - 2030 Community Advisors Page 5-25 March 23, 2024 Pine Ridge Plantation CDD Component Detail Carpet - Clubhouse (replace with vinyl) - 2024 450 Square Feet @ $8.40 Asset ID 1040 Asset Actual Cost $3,780.00 Percent Replacement 100% Category Flooring Future Cost $3,780.00 Placed in Service June 2008 Useful Life 8 Replacement Year 24-25 Remaining Life 0 Rubber Floor - Fitness Room - 2032 76 Square Yards @ $58.00 Asset ID 1041 Asset Actual Cost $4,408.00 Percent Replacement 100% Category Flooring Future Cost $5,804.49 Placed in Service June 2008 Useful Life 25 Replacement Year 32-33 Remaining Life 8 Community Advisors Page 5-26 March 23, 2024 Pine Ridge Plantation CDD Component Detail 260 Square Feet @ $12.75 Asset ID 1045 Asset Actual Cost $3,315.00 Percent Replacement 100% Category Flooring Future Cost $4,365.22 Placed in Service June 2008 Useful Life 25 Replacement Year 32-33 Remaining Life 8 Tile Floor - Serving Room - 2032 Vinyl Plank Floor - Activity Room/Corridor - 2032 685 Square Feet @ $8.40 Asset ID 1043 Asset Actual Cost $5,754.00 Percent Replacement 100% Category Flooring Future Cost $7,576.92 Placed in Service June 2008 Useful Life 25 Replacement Year 32-33 Remaining Life 8 Wood Floor - Family Gathering Room - 2042 840 Square Feet @ $12.00 Asset ID 1044 Asset Actual Cost $10,080.00 Percent Replacement 100% Category Flooring Future Cost $18,723.49 Placed in Service June 2008 Useful Life 35 Replacement Year 42-43 Remaining Life 18 Community Advisors Page 5-27 March 23, 2024 Pine Ridge Plantation CDD Component Detail Wood Floor - Family Gathering Room continued... Community Advisors Page 5-28 March 23, 2024 Pine Ridge Plantation CDD Component Detail 1 Lump Sum @ $3,500.00 Asset ID 1065 Asset Actual Cost $3,500.00 Percent Replacement 100% CategoryFurniture Fixtures & Equipment Future Cost $3,880.51 Placed in Service June 2008 Useful Life 15 Adjustment 5 Replacement Year 27-28 Remaining Life 3 13 Each @ $480.00 Asset ID 1064 Asset Actual Cost $6,240.00 Percent Replacement 100% CategoryFurniture Fixtures & Equipment Future Cost $9,429.07 Placed in Service June 2022 Useful Life 15 Replacement Year 36-37 Remaining Life 12 Access Control System - 2027 Ceiling Fans - Exterior - 2036 Ceiling Fans - Family Gathering Room - 2041 3 Each @ $480.00 Asset ID 1067 Asset Actual Cost $1,440.00 Percent Replacement 100% CategoryFurniture Fixtures & Equipment Future Cost $2,584.33 Placed in Service June 2022 Useful Life 20 Replacement Year 41-42 Remaining Life 17 Community Advisors Page 5-29 March 23, 2024 Pine Ridge Plantation CDD Component Detail Ceiling Fans - Family Gathering Room continued... 3 Each @ $480.00 Asset ID 1063 Asset Actual Cost $1,440.00 Percent Replacement 100% CategoryFurniture Fixtures & Equipment Future Cost $2,412.50 Placed in Service June 2022 Useful Life 15 Adjustment 3 Replacement Year 39-40 Remaining Life 15 Ceiling Fans - Fitness Center - 2039 Fitness Equip. Allowance (partial replacement) - 2024 1 Lump Sum @ $3,000.00 Asset ID 1029 Asset Actual Cost $3,000.00 Percent Replacement 100% CategoryFurniture Fixtures & Equipment Future Cost $3,000.00 Placed in Service June 2008 Useful Life 1 Replacement Year 24-25 Remaining Life 0 Community Advisors Page 5-30 March 23, 2024 Pine Ridge Plantation CDD Component Detail Fitness Equip. Allowance (partial replacement) continued... Fitness Equip. Replace Allowance - 2047 1 Lump Sum @ $40,000.00 Asset ID 1029 Asset Actual Cost $40,000.00 Percent Replacement 100% CategoryFurniture Fixtures & Equipment Future Cost $88,244.58 Placed in Service June 2008 Useful Life 40 Replacement Year 47-48 Remaining Life 23 Community Advisors Page 5-31 March 23, 2024 Pine Ridge Plantation CDD Component Detail Furniture Allowance - Clubhouse - 2029 1 Lump Sum @ $12,000.00 Asset ID Asset Actual Cost $12,000.00 Percent Replacement 100% CategoryFurniture Fixtures & Equipment Future Cost $14,252.24 Placed in Service June 2008 Useful Life 20 Adjustment 2 Replacement Year 29-30 Remaining Life 5 Asset ID 1028 1 Lump SumAsset Actual Cost @ $2,000.00 $2,000.00 CategoryFurniture Fixtures & Equipment Placed in Service June 2008 Percent Replacement Future Cost 100% $2,375.37 Useful Life 20 Adjustment Replacement YearRemaining Life 2 29-30 5 Office Furniture - 2029 Community Advisors Page 5-32 March 23, 2024 Pine Ridge Plantation CDD Component Detail Pool/Patio Furniture Allowance (partial replacement) - 2024 1 Lump Sum @ $3,000.00 Asset ID 1030 Asset Actual Cost $3,000.00 Percent Replacement 100% CategoryFurniture Fixtures & Equipment Future Cost $3,000.00 Placed in Service June 2008 Useful Life 1 Replacement Year 24-25 Remaining Life 0 Pool/Patio Furniture Replacement Allowance - 2032 1 Lump Sum @ $42,000.00 Asset ID 1030 Asset Actual Cost $42,000.00 Percent Replacement 100% CategoryFurniture Fixtures & Equipment Future Cost $55,305.98 Placed in Service June 2008 Useful Life 25 Replacement Year 32-33 Remaining Life 8 Community Advisors Page 5-33 March 23, 2024 Pine Ridge Plantation CDD Component Detail Security Camera System Allowance - 2036 1 Lump Sum @ $15,000.00 Asset ID 1066 Asset Actual Cost $15,000.00 Percent Replacement 100% CategoryFurniture Fixtures & Equipment Future Cost $22,666.03 Placed in Service August 2022 Useful Life 15 Replacement Year 36-37 Remaining Life 12 Community Advisors Page 5-34 March 23, 2024 Pine Ridge Plantation CDD Component Detail 1 Lump Sum @ $5,000.00 Asset ID 1059 Asset Actual Cost $5,000.00 Percent Replacement 100% Category HVAC Equipment Future Cost $8,376.74 Placed in Service November 2019 Useful Life 20 Replacement Year 39-40 Remaining Life 15 Air Handler (refurbished) - 2039 7 Tons @ $1,200.00 Asset ID 1061 Asset Actual Cost $8,400.00 Percent Replacement 100% Category HVAC Equipment Future Cost $11,849.03 Placed in Service July 2023 Useful Life 12 Replacement Year 34-35 Remaining Life 10 HVAC Unit 1 - 2034 Community Advisors Page 5-35 March 23, 2024 Pine Ridge Plantation CDD Component Detail 5 Tons @ $1,600.00 Asset ID 1060 Asset Actual Cost $8,000.00 Percent Replacement 100% Category HVAC Equipment Future Cost $10,178.23 Placed in Service November 2019 Useful Life 12 Replacement Year 31-32 Remaining Life 7 HVAC Unit 2 - 2031 5 Tons @ $1,200.00 Asset ID 1060 Asset Actual Cost $6,000.00 Percent Replacement 100% Category HVAC Equipment Future Cost $6,000.00 Placed in Service December 2008 Useful Life 12 Replacement Year 24-25 Remaining Life 0 3 Tons @ $1,200.00 Asset ID 1060 Asset Actual Cost $3,600.00 Percent Replacement 100% Category HVAC Equipment Future Cost $3,600.00 Placed in Service December 2008 Useful Life 12 Replacement Year 24-25 Remaining Life 0 HVAC Unit 3 A Condensor - 2024 HVAC Unit 3 B Condensor - 2024 Community Advisors Page 5-36 March 23, 2024 Pine Ridge Plantation CDD Component Detail Asset ID 1068 1 Lump SumAsset Actual Cost @ $6,800.00 $6,800.00 Category Placed in Service Life Safety Systems June 2008 Percent Replacement Future Cost 100% $8,076.27 Useful Life 20 Adjustment Replacement YearRemaining Life 2 29-30 5 Fire Alarm Panel - 2029 Community Advisors Page 5-37 March 23, 2024 Pine Ridge Plantation CDD Component Detail Playground Equipment Allowance - 2027 1 Lump Sum @ $25,000.00 Asset ID 1036 Asset Actual Cost $25,000.00 Percent Replacement 100% Category Playground Future Cost $27,717.95 Placed in Service June 2013 Useful Life 15 Replacement Year 27-28 Remaining Life 3 4 Each @ $1,200.00 Asset ID 1035 Asset Actual Cost $4,800.00 Percent Replacement 100% Category Playground Future Cost $6,320.68 Placed in Service June 2013 Useful Life 20 Replacement Year 32-33 Remaining Life 8 Wood Benches/Tables - 2032 Community Advisors Page 5-38 March 23, 2024 Pine Ridge Plantation CDD Component Detail 1 Each @ $4,800.00 Asset ID Asset Actual Cost $4,800.00 Percent Replacement 100% Category Sport Courts Future Cost $12,576.82 Placed in Service March 2023 Useful Life 30 Replacement Year 52-53 Remaining Life 28 Drinking Fountain - 2052 1 Each @ $2,300.00 Asset ID 1022 Asset Actual Cost $2,300.00 Percent Replacement 100% Category Sport Courts Future Cost $3,475.46 Placed in Service March 2023 Useful Life 14 Replacement Year 36-37 Remaining Life 12 Shade Fabric - Sport Courts - 2036 Shade fabric scheduled for replacement in FY 2036 as a one time replacement. The next cycle Community Advisors Page 5-39 March 23, 2024 Pine Ridge Plantation CDD Component Detail Shade Fabric - Sport Courts continued... of fabric replacement projected to occur in FY 2048 at time of frame and fabric replacement. Shade Structure Replacement - Sport Courts - 2048 1 Each @ $15,000.00 Asset ID Asset Actual Cost $15,000.00 Percent Replacement 100% Category Sport Courts Future Cost $34,249.93 Placed in Service March 2023 Useful Life 26 Replacement Year 48-49 Remaining Life 24 Shade structure and fabric projected replacement in FY 2048 as a one time replacement. 2,520 Square Yards @ $76.50 Asset ID Asset Actual Cost $192,780.00 Percent Replacement 100% Category Sport Courts Future Cost $505,116.75 Placed in Service June 2023 Useful Life 30 Replacement Year 52-53 Remaining Life 28 Sport Court Replacement - 2052 Community Advisors Page 5-40 March 23, 2024 Pine Ridge Plantation CDD Component Detail Sport Court Replacement continued... Sport Court Resurfacing (color coat) - 2030 2,520 Square Yards @ $9.60 Asset ID Asset Actual Cost $24,192.00 Percent Replacement 100% Category Sport Courts Future Cost $29,738.14 Placed in Service June 2023 Useful Life 8 Replacement Year 30-31 Remaining Life 6 Community Advisors Page 5-41 March 23, 2024 Pine Ridge Plantation CDD Component Detail Concrete Pavers - Pool Deck/Patio - 2047 14,570 Square Feet @ $7.60 Asset ID Asset Actual Cost $110,732.00 Percent Replacement 100% Category Swimming Pool Future Cost $244,287.47 Placed in Service June 2008 Useful Life 40 Replacement Year 47-48 Remaining Life 23 Fiberglass Refurbish Allow - Pool Slide - 2034 1 Lump Sum @ $29,000.00 Asset ID 1020 Asset Actual Cost $29,000.00 Percent Replacement 100% Category Swimming Pool Future Cost $40,907.36 Placed in Service June 2023 Useful Life 12 Replacement Year 34-35 Remaining Life 10 Community Advisors Page 5-42 March 23, 2024 Pine Ridge Plantation CDD Component Detail Filtration Equip Allowance (partial replacement) - 2024 1 Lump Sum @ $3,000.00 Asset ID 1025 Asset Actual Cost $3,000.00 Percent Replacement 100% Category Swimming Pool Future Cost $3,000.00 Placed in Service June 2008 Useful Life 1 Replacement Year 24-25 Remaining Life 0 Filtration System Refurishment Allowance - 2042 1 Lump Sum @ $30,000.00 Asset ID 1025 Asset Actual Cost $30,000.00 Percent Replacement 100% Category Swimming Pool Future Cost $55,724.67 Placed in Service June 2008 Useful Life 35 Replacement Year 42-43 Remaining Life 18 Community Advisors Page 5-43 March 23, 2024 Pine Ridge Plantation CDD Component Detail 1 Each @ $5,642.00 Asset ID 1021 Asset Actual Cost $5,642.00 Percent Replacement 100% Category Swimming Pool Future Cost $7,429.44 Placed in Service June 2021 Useful Life 12 Replacement Year 32-33 Remaining Life 8 Pool Lift - 2032 3,460 Square Feet @ $34.00 Asset ID 1018 Asset Actual Cost $117,640.00 Percent Replacement 100% Category Swimming Pool Future Cost $126,018.91 Placed in Service June 2015 Useful Life 12 Replacement Year 26-27 Remaining Life 2 Pool Resurfacing/Tile - 2026 Community Advisors Page 5-44 March 23, 2024 Pine Ridge Plantation CDD Component Detail Pool Splash Equipment Allowance - 2027 1 Lump Sum @ $20,000.00 Asset ID 1017 Asset Actual Cost $20,000.00 Percent Replacement 100% Category Swimming Pool Future Cost $22,174.36 Placed in Service June 2008 Useful Life 20 Replacement Year 27-28 Remaining Life 3 Refurbish Allowance - Pool Slide Frame - 2034 1 Lump Sum @ $39,000.00 Asset ID 1024 Asset Actual Cost $39,000.00 Percent Replacement 100% Category Swimming Pool Future Cost $55,013.35 Placed in Service June 2023 Useful Life 12 Replacement Year 34-35 Remaining Life 10 Community Advisors Page 5-45 March 23, 2024 Pine Ridge Plantation CDD Component Detail 3 Each @ $2,300.00 Asset ID 1022 Asset Actual Cost $6,900.00 Percent Replacement 100% Category Swimming Pool Future Cost $15,222.19 Placed in Service April 2024 Useful Life 14 Adjustment 10 Replacement Year 47-48 Remaining Life 23 Shade Fabric - Pool - 2047 Shade fabric scheduled for replacement in FY 2024 with projected life of 14 years which occurs at time of frame and fabric replacement (seperate component). After full replacement the next replacement cycle of fabric is projected to be FY 2047. 3 Each @ $15,000.00 Asset ID 1023 Asset Actual Cost $45,000.00 Percent Replacement 100% Category Swimming Pool Future Cost $61,330.38 Placed in Service June 2008 Useful Life 26 Replacement Year 33-34 Remaining Life 9 Shade Structure Replacement - 2033 Community Advisors Page 5-46 March 23, 2024 Pine Ridge Plantation CDD Component Detail Shade Structure Replacement continued... Structure and fabric replacement projected in FY 2033 as a one time replacement. Splash Pad Equipment Allowance - 2047 1 Lump Sum @ $42,000.00 Asset ID Asset Actual Cost $42,000.00 Percent Replacement 100% Category Swimming Pool Future Cost $92,656.81 Placed in Service June 2023 Useful Life 25 Replacement Year 47-48 Remaining Life 23 Community Advisors Page 5-47 March 23, 2024 Pine Ridge Plantation CDD Component Detail Backflow Preventer Repair Asset ID Asset Actual Cost Percent Replacement 100% Category Operating Expense Future Cost Placed in Service June 2008 No Useful Life Electrical Panels/Disconnects Asset ID Asset Actual Cost Percent Replacement 100% Category Operating Expense Future Cost Placed in Service June 2008 No Useful Life Community Advisors Page 5-48 March 23, 2024 Pine Ridge Plantation CDD Component Detail Fire Detection Devices Asset ID 1071 Asset Actual Cost Percent Replacement 100% Category Operating Expense Future Cost Placed in Service June 2008 No Useful Life Flag Pole Asset ID Asset Actual Cost Percent Replacement 100% Category Operating Expense Future Cost Placed in Service June 2008 No Useful Life Grills Asset ID Asset Actual Cost Percent Replacement 100% Category Operating Expense Future Cost Placed in Service June 2008 No Useful Life Community Advisors Page 5-49 March 23, 2024 Pine Ridge Plantation CDD Component Detail Grills continued... Interior Painting - Clubhouse Asset ID 1074 Asset Actual Cost Percent Replacement 100% Category Operating Expense Future Cost Placed in Service June 2008 No Useful Life Laminated Beam Repair Asset ID Asset Actual Cost Percent Replacement 100% Category Operating Expense Future Cost Placed in Service June 2008 No Useful Life Community Advisors Page 5-50 March 23, 2024 Pine Ridge Plantation CDD Component Detail Message Board Asset ID Asset Actual Cost Percent Replacement 100% Category Operating Expense Future Cost Placed in Service June 2008 No Useful Life Painting - Entry Features Asset ID 1081 Asset Actual Cost Percent Replacement 100% Category Operating Expense Future Cost Placed in Service June 2008 No Useful Life Painting - Pool Equipment Yard Asset ID 1078 Asset Actual Cost $0.85 Percent Replacement 100% Category Operating Expense Future Cost $0.85 Placed in Service June 2008 No Useful Life Community Advisors Page 5-51 March 23, 2024 Pine Ridge Plantation CDD Component Detail Painting - Pool Equipment Yard continued... Pendent Lights - Breezeway Asset ID Asset Actual Cost Percent Replacement 100% Category Operating Expense Future Cost Placed in Service June 2008 No Useful Life Refrigerator Asset ID 1034 Asset Actual Cost Percent Replacement 100% Category Operating Expense Future Cost Placed in Service June 2008 No Useful Life Community Advisors Page 5-52 March 23, 2024 Pine Ridge Plantation CDD Component Detail Refrigerator continued... Splash Pad Coating/Repair Asset ID Asset Actual Cost Percent Replacement 100% Category Operating Expense Future Cost Placed in Service June 2008 No Useful Life Sport Court Nets/Equipment Asset ID Asset Actual Cost Percent Replacement 100% Category Operating Expense Future Cost Placed in Service June 2008 No Useful Life Community Advisors Page 5-53 March 23, 2024 Pine Ridge Plantation CDD Component Detail Sport Court Nets/Equipment continued... Trash Cans/ Misc. Site Furnishings Asset ID Asset Actual Cost Percent Replacement 100% Category Operating Expense Future Cost Placed in Service June 2008 No Useful Life Water Coolers - Clubhouse Asset ID 1053 Asset Actual Cost Percent Replacement 100% Category Operating Expense Future Cost Placed in Service June 2008 No Useful Life Community Advisors Page 5-54 March 23, 2024 Pine Ridge Plantation CDD Component Detail Water Heater - Clubhouse Asset ID 1057 Asset Actual Cost Percent Replacement 100% Category Operating Expense Future Cost Placed in Service June 2008 No Useful Life Community Advisors Page 5-55 March 23, 2024 Pine Ridge Plantation CDD Component Detail Backflow Preventer Replacement Asset ID Asset Actual Cost Percent Replacement 100% CategoryComponents Not Included Future Cost Placed in Service June 2008 No Useful Life Building Foundation/Frame Asset ID 1071 Asset Actual Cost Percent Replacement 100% CategoryComponents Not Included Future Cost Placed in Service June 2008 No Useful Life Communication Wiring/Devices in Building Asset ID 1071 Asset Actual Cost Percent Replacement 100% CategoryComponents Not Included Future Cost Placed in Service June 2008 No Useful Life Community Advisors Page 5-56 March 23, 2024 Pine Ridge Plantation CDD Component Detail Electrical Wiring/Devices in Building Asset ID 1071 Asset Actual Cost Percent Replacement 100% CategoryComponents Not Included Future Cost Placed in Service June 2008 No Useful Life Light Poles (Concrete) - Parking Lot Asset ID 1071 Asset Actual Cost Percent Replacement 100% CategoryComponents Not Included Future Cost Placed in Service June 2008 No Useful Life Siding/Trim Replacement Asset ID 1071 Asset Actual Cost Percent Replacement 100% CategoryComponents Not Included Future Cost Placed in Service June 2008 No Useful Life Community Advisors Page 5-57 March 23, 2024 Pine Ridge Plantation CDD Component Detail Site Utilities Asset ID 1071 Asset Actual Cost Percent Replacement 100% CategoryComponents Not Included Future Cost Placed in Service June 2008 No Useful Life Water/Sewer/Vent Piping In building Asset ID 1071 Asset Actual Cost Percent Replacement 100% CategoryComponents Not Included Future Cost Placed in Service June 2008 No Useful Life Community Advisors Page 5-58 March 23, 2024 Pine Ridge Plantation CDD Component Detail Wood Pergolas - Entry Signs Asset ID 1004 Asset Actual Cost Percent Replacement 100% Category Components Removed Future Cost Placed in Service June 2008 No Useful Life Community Advisors Page 5-59 March 23, 2024 Community Advisors Page 6-1 March 23, 2024 Report Navigation . Executive Summary provides information about projected year end reserve balance, current annual contribution, interest, and inflation rates: . Level of Service is the type of reserve study . Funding Method is either Component Funding or Pooled Cash . Component Funding Contribution is a year one only amount . Current Funding Plan currently used by the Association . Recommended Funding Plan maintains adequate funding . Funding Model Projections include both your current plan and our recommended plan. The information included in each column is described below: . Year begins with your study year generally for a 30-year term . Current cost is the current replacement of all components . Annual contribution is the amount placed in reserves each year . Annual interest earned on your funds . Annual expenditures are the projected component replacement cost by year . Projected ending balance is the year end reserve fund balance . Fully funded reserves are the fully funded balance for that year. Fully Funded formula is Fully Funded Balance= Component cost x Age/Useful Life . Percent Funded is a measure of fund strength . Current Funding Projection is your current funding plan and how it performs . Recommended Funding Model Projection is the plan we recommend . Cash Flow is a 30-year statement that provides both income and expense information to quickly find when expenditures occur and the resulting financial status of your reserves . Annual Expenditure Detail provides a year to year list of your projected expenditures This is a good section to review each year when preparing your budgets . Condition Assessment (if included) is a brief description of major component condition . Component Inventory contains a list of your components, remaining useful life and quantities we determined from our site visit and other means of measurement . Component Detail Index allows quick access to the detail we have included for each component separated into categories . Component Detail provides a listing of each component, quantities or allowances and photographs of major ones . Methodology - Terms of Service – Company Profile are our Disclosure sections with information about our assumptions, methods of work and our credentials METHODOLOGY Reserve Analysis is a process that identifies capital expenses the District can expect and creates a plan to fund them. This is accomplished by a site visit to visually evaluate components to measure quantities and determine their remaining life. Component Selection Process is based on the Community Associations Institute (CAI) standards for reserve studies and selection of components. Component must be a commonly owned, have a limited and predictable life, replacement cost must be above a minimum threshold cost. Useful life and replacement cost are obtained from site inspection by experienced inspectors and our database of information, historical information, local Vendors and comparison of similar component cost found at other properties. The funding plan we develop includes; adequate cash balances, even contributions so all owners pay their fair share over time and moderate contributions with acceptable increases. Percent Funded is defined by industry standards as 70-100% strong, 30-70% fair or adequate and below 30% weak or inadequate. Baseline Funding maintains funds above zero resulting is a high risk of special assessments or deferred maintenance and should be avoided. Threshold Funding maintains reserves above a “Threshold” level providing adequate funding with moderate risk; using this method requires regular analysis updates. CREDENTIALS Community Advisors, LLC provides capital reserve planning, property inspection, and construction oversight for a broad base of clients including High-rise Condominiums, Homeowner Associations, Churches, Private Schools, Time Shares, Active Adult, Municipal Utility Plants, Marinas, Historic Buildings & Museums and commercial investment properties. Personal Service attention to detail, quick response and valued client relationships. Range of Experience includes a broad selection of building types, ages and uses from protected historic structures to new communities ready for developer turnover. As commercial general contractors we have experience building many of the types of structure we now provide reserve analysis for, so we understand potential problem areas. As commercial inspectors we have experienced a variety of structural and cosmetic conditions offering solutions for repair. Areas of expertise include MEP systems, energy management, life safety systems, building envelope and roof components, marine structures, street and other site improvements. Detailed Site Evaluation is Conducted to make sure we know your property and include all your assets in our analysis. With our years of experience with community development and commercial construction projects we understand both horizontal and vertical construction and utilize realistic replacement cost and useful life projections in our analysis.Financial Plan Meets CAI & APRA Standards with information obtained during the site visit we build a custom-made financial plan to ensure adequate funding for future component replacement which equates to maintaining community value. Reserve Analyst Credentials: Mr. Charles Sheppard is the owner of Community Advisors responsible for field inspection oversight and day to day operations. Mr. Sheppard hold a BS degree from VA Tech and has conducted building evaluations for over 30 years. He is a licensed Florida General Contractor, Home Inspector and earned the professional designations of Certified Construction Inspector (CCI), Professional Reserve Analyst (PRA) and Reserve Specialist (RS). Community Advisors Page 6-2 March 23, 2024 TERMS OF SERVICE We have completed an analysis of your capital components that serves as a budgeting tool. This reserve study reflects the information provided by this client and is not for the purposes of performing an audit or estimating construction projects. Our site visit includes visual observation of components that are accessible and safe for our inspectors to evaluate. Roof evaluation is limited to ground observation for sloped roofs and roof top inspection for flat roofs if safe and stable access is available that meets our safety standards. We are not responsible for any hidden defects or determining the condition of hidden or underground components or systems. Observing environmental conditions, hazardous materials or determine compliance with building codes or other regulations is not included in our scope of work. Our site visit is not a safety inspection and we are not responsible for any hazards that exist. Destructive testing is not conducted. It has been assumed, unless otherwise noted in this report, that all assets have been designed and constructed properly and that each estimated useful life will approximate that of the norm per industry standards and/or manufacturer’s specifications. Projections of component remaining useful life assumes this client will perform necessary preventative maintenance and repair per industry standards. This reserve analysis study and the parameters under which it has been completed are based upon information provided to us in part by the Client and its contractors, assorted vendors, specialist and independent contractors. Reserve fund balances and contribution amounts for use in our analysis is furnished by the client and deemed accurate. Useful life projections are determined by historical records, component condition and our opinion based on evaluating similar components on other projects. These life projections are changed by weather conditions, use, maintenance procedures and other factors out of our control therefore regular updates to this analysis are needed to maintain funding accuracy. Replacement cost is determined by our experience with similar projects, local vendor pricing and client historical records and should not be considered suitable for budgeting repair or replacement projects. Local contractor proposals must be obtained for this work. No liability is assumed as the result of changing market prices or inaccurate estimates or projections of remaining useful life of components. Component replacement cost and interest rates constantly change. In order to maintain accuracy of your funding plan updates to this analysis should be conducted annually with a site visit every 2-3 years unless conditions warrant annual visits. Community Advisors, LLC shall not be required to participate in any legal action taken by or against our clients for any reason and shall also not be required to give testimony in depositions or in court. In all cases the liability of Community Advisors, LLC and its Principals, Employees, contractors and Vendors shall be limited to the consulting fee agreed upon for the production of this report. Client financial information is considered confidential and is not disclosed to third parties without your approval. We do use your name for our list of valued clients and when submitting proposals for new projects that request references or recent projects. That request may include size of property, number of units or major components. We also use photos from time to time of components as an example for educational and marketing efforts. Community Advisors and the analyst who prepared this study do not have any relationship that can be considered a conflict of interest. From time to time our Clients ask that we manage repair or replacement of components due to our experience in construction management. We do so with the understanding that full disclosure for both parties is completed. Community Advisors Page 6-3 March 23, 2024 DEFINITIONS Adjustment to Useful Life: Typical useful life projections are used for each component. The adjustment is used to modify that life projection for earlier or later replacement. It only applies to the current replacement cycle. Cash Flow Method: A method of determining reserve contributions that are “pooled” to fund replacement cost as needed without restricting funds to any one component. Component Method: A funding method that fully funds each reserve component then sums those for the annual contribution. Current Funding Plan: The funding plan currently used at the time of this analysis with updated component inventory and financial assumptions. This allows you to see how the current contribution level funds future component replacement. Effective Age: Difference of useful and remaining useful life. Fully Funded Balance: Represents the cost of used component life represented by the formula. FFB = (Current Cost x Effective Age)/ Useful Life Interest Contribution: The interest that should be earned on invested reserves. Percent Funded: Ratio of reserve balance to fully funded balance. Remaining Life: Number of years a component is projected to continue to function. Threshold Funding: This plan maintains fund balance above a predetermined threshold dollar or percent funded amount. Useful Life: The estimated useful life of an asset based upon industry standards, manufacturer specification, visual inspection, location, usage, association standards and prior history. Community Advisors Page 6-4 March 23, 2024