Old Town Floridian Community Development District

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

CONTENTS

I

FINAL BUDGET

II

DETAILED FINAL BUDGET

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

I

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

II

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)

$	-

$	-