Central Parc Community Development District

Amended Final Budget For Fiscal Year 2024/2025
October 1, 2024 - September 30, 2025

CONTENTS

I

AMENDED FINAL OPERATING FUND BUDGET

II

AMENDED FINAL DEBT SERVICE FUND BUDGET

AMENDED FINAL BUDGET
CENTRAL PARC COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2024/2025
OCTOBER 1, 2024 - SEPTEMBER 30, 2025

11/12/2025 10:29 AM

$3,209

$7,673

$10,882

Fund Balance As Of 9/30/2024

Projected FY 2024/2025 Activity

Fund Balance As Of 9/30/2025

REVENUES

FISCAL YEAR 2024/2025 BUDGET
10/1/24 - 9/30/25

AMENDED FINAL BUDGET
10/1/24 - 9/30/25

YEAR TO DATE ACTUAL
10/1/24 - 9/29/25

O&M Assessments

618,983

115,000

115,000

Developer Contribution

0

460,000

319,302

Debt Assessments

727,500

683,861

683,861

Interest Income

240

2,900

2,845

Total Revenues

$	1,346,723

$	1,261,761

$	1,121,008

ADMIN EXPENDITURES

Supervisor Fees

0

0

0

Lake Maintenance

0

0

0

Management

26,016

26,016

26,016

Legal

38,000

30,000

27,137

Assessment Roll

4,000

4,000

4,000

Audit Fees

5,000

5,300

5,300

Arbitrage Rebate Fee

650

650

650

Insurance

6,580

6,220

6,220

Legal Advertisements

8,000

4,000

2,689

Miscellaneous

1,200

600

361

Postage

300

250

238

Office Supplies

1,200

400

372

Dues & Subscriptions

175

175

175

Trustee Fees

4,500

4,246

4,246

Continuing Disclosure Fee

1,000

1,000

1,000

Website Management

1,000

1,000

1,000

Total Admin Expenditures

$	97,621

$	83,857

$	79,404

Maintenance Expenditures

Engineering/Inspections

23,000

12,000

8,318

Lake Maintenance

32,525

11,000

7,967

Landscaping

225,000

99,645

99,645

Irrigation (Includes FPL)

30,000

100,000

78,661

Street Lighting

128,000

1,000

0

Surface Water Management Maintenance

10,842

1,000

0

Roadway Repairs/Reserve/Sidewalk Maintenance

16,096

1,000

0

Soft Gate Maintenance

10,000

1,000

0

Security

9,000

0

0

Miscellaneous Maintenance (Maks Tractor Service)

0

1,725

1,425

Fountain And Aeration Project

0

258,000

118,020

Total Maintenance Expenditures

$	484,463

$	486,370

$	314,036

Total Expenditures

$	582,084

$	570,227

$	393,440

REVENUES LESS EXPENDITURES

$	764,639

$	691,534

$	727,568

Bond Payments

(683,850)

(683,861)

(683,861)

BALANCE

$	80,789

$	7,673

$	43,707

County Appraiser & Tax Collector Fee

(26,930)

0

0

Discounts For Early Payments

(53,859)

0

0

EXCESS/ (SHORTFALL)

$	-

$	7,673

$	43,707

Carryover From Prior Year

0

0

0

NET EXCESS/ (SHORTFALL)

$	-

$	7,673

$	43,707

AMENDED FINAL BUDGET
CENTRAL PARC COMMUNITY DEVELOPMENT DISTRICT DEBT SERVICE FUND - SERIES 2024
FISCAL YEAR 2024/2025 OCTOBER 1, 2024 - SEPTEMBER 30, 2025

Notes
Reserve Fund Balance = $683,850*. Revenue Account Balance = $307,792*. Revenue Account To Be Used To Make 11/1/2025 Interest Payment Of $274,452. Capitalized Interest Was Set-Up Through November 2024.
* Approximate Amounts

Series 2024 Bond Information

Original Par Amount = Interest Rate =
Issue Date =
Maturity Date =

$9,620,000 4.90% - 6.00%
May 2024
May 2054

Annual Principal Payments Due: May 1st
Annual Interest Payments Due:
May 1st & November 1st

Par Amount As Of 9/30/25 =

$9,490,000

II

$939,357

$0

$939,357

FUND BALANCE AS OF 9/30/24

FY 2024/2025 ACTIVITY

FUND BALANCE AS OF 9/30/25

REVENUES

FISCAL YEAR 2024/2025 BUDGET 10/1/24 - 9/30/25

AMENDED FINAL BUDGET
10/1/24 - 9/30/25

YEAR TO DATE ACTUAL
10/1/24 - 9/29/25

Interest Income

100

0

35,452

Bond Proceeds (Debt Service)

0

0

0

Prepaid Bond Collection

0

0

119,134

NAV Assessment Collection

0

0

0

Developer Contribution - Debt

683,850

0

564,727

Total Revenues

$	683,950

$	-

$	719,313

EXPENDITURES

Principal Payments

130,000

0

130,000

Interest Payments

552,090

0

519,799

Transfer to Construction (2024)

0

0

17,229

Bond Redemption

1,860

0

0

Total Expenditures

$	683,950

$	-

$	667,028

Excess/ (Shortfall)

$	-

$	-

$	52,285