Serenoa
Community Development District

Proposed Budget For Fiscal Year 2025/2026
May 8, 2026 - September 30, 2026

CONTENTS

I

PROPOSED BUDGET

II

DETAILED PROPOSED BUDGET

PROPOSED BUDGET
SERENOA COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2025/2026
MAY 8, 2026 - SEPTEMBER 30, 2026

I

REVENUES

FISCAL YEAR 2025/2026 BUDGET

O&M (Operation & Maintenance) Assessments

0

Developer Contribution

66,075

Debt Assessments

0

Interest Income

100

TOTAL REVENUES

$	66,175

EXPENDITURES

Administrative Expenditures

Supervisor Fees

0

Payroll Taxes (Employer)

0

Management

12,000

Legal

20,000

Assessment Roll

0

Audit Fees

0

Arbitrage Rebate Fee

0

Insurance

5,000

Legal Advertisements

20,000

Miscellaneous

2,500

Postage

300

Office Supplies

1,200

Dues & Subscriptions

175

Website Management & ADA Compliance

1,000

Trustee Fees

0

Continuing Disclosure Fee

0

Total Administrative Expenditures

$	62,175

Maintenance Expenditures

Engineering/Inspections

2,000

Miscellaneous Maintenance

1,000

Maintenance/Contingency

1,000

Total Maintenance Expenditures

$	4,000

Total O&M Expenditures

$	66,175

REVENUES LESS EXPENDITURES

$	-

Bond Payments

0

BALANCE

$	-

County Appraiser & Tax Collector Fee

0

Discounts For Early Payments

0

EXCESS/ (SHORTFALL)

$	-

DETAILED PROPOSED BUDGET
SERENOA COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2025/2026
MAY 8, 2026 - SEPTEMBER 30, 2026

II

REVENUES

FISCAL YEAR 2023/2024 ACTUAL

FISCAL YEAR 2024/2025 BUDGET

FISCAL YEAR 2025/2026 BUDGET

COMMENTS

O&M (Operation & Maintenance) Assessments

0

0

0

Developer Contribution

0

0

66,075

Developer Contribution

Debt Assessments

0

0

0

Interest Income

0

0

100

TOTAL REVENUES

$	-

$	-

$	66,175

EXPENDITURES

Administrative Expenditures

Supervisor Fees

0

0

0

Payroll Taxes (Employer)

0

0

0

Management

0

0

12,000

Four Months X $3,000

Legal

0

0

20,000

High Legal Costs In Initial Months

Assessment Roll

0

0

0

Will Commence After Bond Is Issued

Audit Fees

0

0

0

Will Commence In 2026/2027

Arbitrage Rebate Fee

0

0

0

Will Commence After Bond Is Issued

Insurance

0

0

5,000

Insurance Estimate

Legal Advertisements

0

0

20,000

High Legal Advertising Costs In Initial Months

Miscellaneous

0

0

2,500

Postage

0

0

300

Office Supplies

0

0

1,200

High Office Supplies Costs In Initial Months

Dues & Subscriptions

0

0

175

Annual Fee Due Department Of Economic Opportunity

Website Management & ADA Compliance

0

0

1,000

Four Months X $250

Trustee Fees

0

0

0

Will Commence After Bond Is Issued

Continuing Disclosure Fee

0

0

0

Will Commence After Bond Is Issued

Total Administrative Expenditures

$	-

$	-

$	62,175

Maintenance Expenditures

Engineering/Inspections

0

0

2,000

Engineers Report To Be Included In Bond Cost Of Issuance

Miscellaneous Maintenance

0

0

1,000

Miscellaneous Maintenance

Maintenance/Contingency

0

0

1,000

Maintenance/Contingency

Total Maintenance Expenditures

$	-

$	-

$	4,000

Total O&M Expenditures

$	-

$	-

$	66,175

REVENUES LESS EXPENDITURES

$	-

$	-

$	-

Bond Payments

0

0

0

BALANCE

$	-

$	-

$	-

County Appraiser & Tax Collector Fee

0

0

0

Discounts For Early Payments

0

0

0

EXCESS/ (SHORTFALL)

$	-

$	-

$	-