Serenoa
Community Development District

Proposed Budget For Fiscal Year 2026/2027
October 1, 2026 - September 30, 2027

CONTENTS

I

PROPOSED BUDGET

II

DETAILED PROPOSED BUDGET

PROPOSED BUDGET
SERENOA COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2026/2027
OCTOBER 1, 2026 - SEPTEMBER 30, 2027

I

REVENUES

FISCAL YEAR 2026/2027 BUDGET

O&M (Operation & Maintenance) Assessments

0

Developer Contribution

119,625

Debt Assessments

0

Interest Income

200

TOTAL REVENUES

$	119,825

EXPENDITURES

Administrative Expenditures

Supervisor Fees

0

Payroll Taxes (Employer)

0

Management

36,000

Legal

25,000

Assessment Roll

5,000

Audit Fees

4,000

Arbitrage Rebate Fee

650

Insurance

5,000

Legal Advertisements

25,000

Miscellaneous

2,500

Postage

300

Office Supplies

1,200

Dues & Subscriptions

175

Website Management & ADA Compliance

3,000

Trustee Fees

4,500

Dissemination Services

2,500

Continuing Disclosure Fee

1,000

Total Administrative Expenditures

$	115,825

Maintenance Expenditures

Engineering/Inspections

2,000

Miscellaneous Maintenance

1,000

Maintenance/Contingency

1,000

Total Maintenance Expenditures

$	4,000

Total O&M Expenditures

$	119,825

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 2026/2027
OCTOBER 1, 2026 - SEPTEMBER 30, 2027

II

REVENUES

FISCAL YEAR 2024/2025 ACTUAL

FISCAL YEAR 2025/2026 BUDGET

FISCAL YEAR 2026/2027 BUDGET

COMMENTS

O&M (Operation & Maintenance) Assessments

0

0

0

Developer Contribution

0

66,075

119,625

Developer Contribution

Debt Assessments

0

0

0

Interest Income

0

100

200

TOTAL REVENUES

$	-

$	66,175

$	119,825

EXPENDITURES

Administrative Expenditures

Supervisor Fees

0

0

0

Payroll Taxes (Employer)

0

0

0

Management

0

12,000

36,000

Twelve Months X $3,000

Legal

0

20,000

25,000

High Legal Costs In Initial Months

Assessment Roll

0

0

5,000

Will Commence After Bond Is Issued

Audit Fees

0

0

4,000

Will Commence In 2026/2027

Arbitrage Rebate Fee

0

0

650

Will Commence After Bond Is Issued

Insurance

0

5,000

5,000

Insurance Estimate

Legal Advertisements

0

20,000

25,000

High Legal Advertising Costs In Initial Months

Miscellaneous

0

2,500

2,500

Postage

0

300

300

Office Supplies

0

1,200

1,200

High Office Supplies Costs In Initial Months

Dues & Subscriptions

0

175

175

Annual Fee Due Department Of Economic Opportunity

Website Management & ADA Compliance

0

1,000

3,000

Twelve Months X $250

Trustee Fees

0

0

4,500

Will Commence After Bond Is Issued

Dissemination Services

0

0

2,500

Required By Underwriter

Continuing Disclosure Fee

0

0

1,000

Will Commence After Bond Is Issued

Total Administrative Expenditures

$	-

$	62,175

$	115,825

Maintenance Expenditures

Engineering/Inspections

0

2,000

2,000

Engineers Report To Be Included In Bond Cost Of Issuance

Miscellaneous Maintenance

0

1,000

1,000

Miscellaneous Maintenance

Maintenance/Contingency

0

1,000

1,000

Maintenance/Contingency

Total Maintenance Expenditures

$	-

$	4,000

$	4,000

Total O&M Expenditures

$	-

$	66,175

$	119,825

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)

$	-

$	-

$	-