RESOLUTION 2025-03 WHEREAS, the Board of Supervisors, hereinafter referred to as the “Board”, of South Village Community Development District, hereinafter referred to as “District”, adopted a Golf Fund Budget for fiscal year 2024, and WHEREAS, the Board desires to reallocate funds budgeted to re-appropriate Revenues and Expenses approved during the Fiscal Year. NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF SOUTH VILLAGE COMMUNITY DEVELOPMENT DISTRICT TO THE FOLLOWING: 1. The Golf Fund Budget is hereby amended in accordance with Exhibit “A” attached. 2. This resolution shall become effective this 5th day of November 2025 and be reflected in the monthly and fiscal Year End 9/30/24 Financial Statements and Audit Report of the District. South Village Community Development District By: ____________________________________ Chairman/Vice Chairman Attest: By: _____________________________________ Secretary/Assistant Secretary Docusign Envelope ID: 267591E2-D170-4474-A739-AD144E2E19D9 Community Development District Golf Course Operations Budget Amendment FY2024 Resolution 2025-03 Adopted Budget ThruA 0c9tu/a3l0/24 IncreaPsreo/p(oDseecdrease) ABmuedngdeetd Operating Revenues: CGRoaelrcf r CRye eFnvoterenwru Raeresdv eSnuurpelsus $ 12 ,, 68 02 01 ,, 47 37 11 - $ 12 ,, 56 99 12 ,, 55 47 68 - $ ( 32 705008,,,708705503) $ 12 ,, 356599012,,,055047068 Total Operating Revenues $ 4,422,202 $ 4,284,124 $ 211,922 $ 4,634,124 Cost of Goods Sold: Cost of Goods Sold $ 838,414 $ 925,297 $ 86,883 $ 925,297 Total Gross Margin $ 3,583,788 $ 3,358,827 $ 125,039 $ 3,708,827 Operating Expenses: CPPRUOMtraaepaioypplerifriakterotiaeisaelrsttllssiii Enno&nxgg p MaElexa Fnpiendeetinetsusneraesnsce $ 2 , 112499 013995 3267776,,,,,,,000445400344580000234 $ 3 , 122481 146890 4777786,,,,,,,145779444455790335685 $ 11 (( 30524 1918905,,,,,,,399078803414891361523)) $ 3 , 112248 014689 4677778,,,,,,,144577944455790335568 Total Operating Expenses: $ 4,909,949 $ 5,130,110 $ 220,161 $ 5,130,110 Net Income before Non-Operating Income (Expenses) $ (1,326,161) $ (1,771,283) $ (95,122) $ (1,421,283) Non-Operating Income/(Expenses): IAMnsatsenersdesasmtto eIrnnyct o IRnmeitevieantiuone Fees $ 1 , 6 14 37 ,, 06 04 - $ 1 , 7 41 994,,,552033015 $ 36 966,,,555039011 $ 1 , 7 41 994,,,255033015 Total Non-Operating Income/(Expenses): $ 1,660,644 $ 1,773,266 $ 112,622 $ 1,773,266 Change in Net Position $ 17,500 South Village Docusign Envelope ID: 267591E2-D170-4474-A739-AD144E2E19D9