Old Town Floridian Community Development District

Proposed Budget For Fiscal Year 2025/2026
October 1, 2025 - September 30, 2026

CONTENTS

PROPOSED BUDGET

DETAILED PROPOSED BUDGET

PROPOSED BUDGET
OLD TOWN FLORIDIAN COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2025/2026
OCTOBER 1, 2025 - SEPTEMBER 30, 2026

REVENUES	
FISCAL YEAR 2025/2026 BUDGET	
O&M Assessments	0	
Developer Contribution	110,165	
Debt Assessments	0	
Interest Income	60	
		
TOTAL REVENUES	$	110,225	
		
EXPENDITURES		
Administrative Expenditures		
Supervisor Fees	0	
Management	29,400	
Legal	15,000	
Assessment Roll	6,500	
Audit Fees	4,400	
Arbitrage Rebate Fee	650	
Insurance	6,400	
Legal Advertisements	4,800	
Miscellaneous	1,050	
Postage	300	
Office Supplies	800	
Dues & Subscriptions	175	
Website Management & ADA Compliance	1,500	
Trustee Fees	4,250	
Continuing Disclosure Fee	2,000	
Total Administrative Expenditures	$	77,225	
		
Maintenance Expenditures		
Engineering/Inspections	3,000	
Miscellaneous Maintenance	15,000	
Infrastructure Maintenance	15,000	
Total Maintenance Expenditures	$	33,000	
		
TOTAL EXPENDITURES	$	110,225	
		
REVENUES LESS EXPENDITURES	$	-	
		
Bond Payments	0	
		
BALANCE	$	-	
		
County Appraiser & Tax Collector Fee	0	
Discounts For Early Payments	0	
		
EXCESS/ (SHORTFALL)	$	-	

DETAILED PROPOSED BUDGET
OLD TOWN FLORIDIAN COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2025/2026
OCTOBER 1, 2025 - SEPTEMBER 30, 2026

REVENUES	
FISCAL YEAR 2023/2024 ACTUAL	
FISCAL YEAR 2024/2025 BUDGET	
FISCAL YEAR 2025/2026 BUDGET	

COMMENTS	
O&M Assessments	0	0	0		
Developer Contribution	43,250	110,165	110,165	Developer Contribution	
Debt Assessments	0	0	0		
Interest Income	156	60	60	Interest Projected At $5 Per Month	
					
TOTAL REVENUES	$	43,406	$	110,225	$	110,225		
					
EXPENDITURES					
Administrative Expenditures					
Supervisor Fees	0	0	0		
Management	29,400	29,400	29,400	2,450 Per Month	
Legal	8,810	15,000	15,000	FY 2024/2025 Expenditure Through Dec 2024 Was $2,680	
Assessment Roll	0	6,500	6,500	Will Commence In Fiscal Year Following Issuing Of Bond	
Audit Fees	3,300	4,400	4,400	Fee Will Be Adjusted When Bond Is Issued	
Arbitrage Rebate Fee	0	650	650	Will Commence In Fiscal Year Following Issuing Of Bond	
Insurance	5,778	6,000	6,400	FY 2024/2025 Expenditure Was $6,009	
Legal Advertisements	3,270	5,000	4,800	$200 Decrease From 2024/2025 Budget	
Miscellaneous	248	1,250	1,050	$200 Decrease From 2024/2025 Budget	
Postage	114	300	300	No Change From 2024/2025 Budget	
Office Supplies	139	800	800	No Change From 2024/2025 Budget	
Dues & Subscriptions	175	175	175	Annual Fee Due Department Of Economic Opportunity	
Website Management & ADA Compliance	1,500	1,500	1,500	No Change From 2024/2025 Budget	
Trustee Fees	0	4,250	4,250	Will Commence In Fiscal Year Following Issuing Of Bond	
Continuing Disclosure Fee	0	2,000	2,000	Will Commence In Fiscal Year Following Issuing Of Bond	
Total Administrative Expenditures	$	52,734	$	77,225	$	77,225		
					
Maintenance Expenditures					
Engineering/Inspections	577	3,000	3,000	Engineers Report To Be Included In Bond Cost Of Issuance	
Miscellaneous Maintenance	0	15,000	15,000	No Change From 2024/2025 Budget	
Infrastructure Maintenance	0	15,000	15,000	No Change From 2024/2025 Budget	
Total Maintenance Expenditures	$	577	$	33,000	$	33,000		
					
TOTAL EXPENDITURES	$	53,311	$	110,225	$	110,225		
					
REVENUES LESS EXPENDITURES	$	(9,905)	$	-	$	-		
					
Bond Payments	0	0	0		
					
BALANCE	$	(9,905)	$	-	$	-		
					
County Appraiser & Tax Collector Fee	0	0	0		
Discounts For Early Payments	0	0	0		
					
EXCESS/ (SHORTFALL)	$	(9,905)	$	-	$	-