Remington CDD Budget Hearing Proposed FY 2022
July 27, 2022

1

REMINGTON COMMUNITY DEVELOPMENT DISTRICT COMPONENTS
Landscaping
Roads
Lakes
Recreation
Wetlands and Conservation
Gate Security
Administration
Inside Remington CDD:
1,712 homes
Commercial Property
Golf Course
VISIT THE CDD WEBSITE: WWW.REMINGTONCDD.COM

2

FY 2021 CDD Accomplishments
Sidewalk Repair
Approx. $95k per year
Repaving of Roads
Eagles Landing
Windsor Park
Parkland Square
Somerset
Oakview
Painting of Recreation Center
Resurfacing of Tennis Courts and Basketball Courts

3

	
FY 2022	

Operation and Maintenance	
$876.13	

Proposed FY 2022 Assessment Rates

O & M Projected Increase for FY 22 of $197.60 (29%)

4

Operations and Maintenance,
$935,460

Administrative ,
$192,645

Reserves/Capital,
$346,313

Expenses – By Category

5

	
2021 Projected	
2022 Budget	
Variance	
% Variance	

Administrative	
$173,951	
$192,645	
$18,694	
10.75%	

Operations and Maintenance	
$875,611	
$935,460	
$59,849	
6.84%	

Reserves	
$169,643	
$346,313	
$176,670	
104.14%	

Totals	
$1,219,205	
$1,474,418	
$255,213	
20.93%	

Current vs Next Year Expenses

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Security Services
Roving Patrol – Street Parking Enforcement
7 Days a Week – 6 PM to 6 AM
2 Random Daytime Patrols Per Week – 8 Hours Each
Recreation Center/Pool/Athletic Fields
7 Days a Week – 2 PM to 10 PM, Wednesdays 1 PM to 10 PM
2 Guard Houses – Visitor/Resident Access
7 Days a Week – 7 PM to 6 AM Daily, Both Guardhouses
Osceola County Sherriff – Off Duty Officers – Speeding, Other violations
8 random 4-hour shifts per month

7

Capital Reserves By Category
Pavement Management- $150,000
General Reserves – $196,313

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Fiscal Year	
2022	
2021	
2020	
2019	
2018	
2017	
2016	
2015	
2014	
2013	
2012	
2011	
2010	
2009	
2008	

O & M -
Annual	
$876.13	
$678.53	
$678.53	
$678.53	
$678.53	
$678.53	
$678.53	
$678.53	
$678.53	
$678.53	
$678.53	
$678.53	
$678.53	
$678.53	
$678.53	

% Increase	
29.12%															

Overall Annual % Increase from 2008:	
1.94%													

CDD Historical O & M

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Reasons for Increase
Continue Sidewalk Repairs in Community
Increase in Projected Contract Costs
Continued Recreation Improvements
Fitness Equipment
Building Improvements
Trimming of Street Trees
Continue to Fully Fund the Roadway Paving Contribution
Return to Prior $150k contribution

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