Lakefront Estates Community Development District

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

CONTENTS

PROPOSED BUDGET

DETAILED PROPOSED BUDGET

PROPOSED BUDGET
LAKEFRONT ESTATES 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	119,705	
Debt Assessments	0	
Interest Income	120	
		
TOTAL REVENUES	$	119,825	
		
EXPENDITURES		
Administrative Expenditures		
Supervisor Fees	0	
Management	36,000	
Legal	35,000	
Assessment Roll	0	
Audit Fees	4,100	
Arbitrage Rebate Fee	0	
Insurance	6,000	
Legal Advertisements	20,000	
Miscellaneous	1,500	
Postage	300	
Office Supplies	1,750	
Dues & Subscriptions	175	
Website Management	3,000	
Trustee Fees	0	
Continuing Disclosure Fee	0	
		
Total Administrative Expenditures	$	107,825	
		
Maintenance Expenditures		
Engineering/Inspections	10,000	
Miscellaneous Maintenance	2,000	
Field Operations	0	
		
Total Maintenance Expenditures	$	12,000	
		
TOTAL 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
LAKEFRONT ESTATES 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	87,656	116,825	119,705	Developer Contribution	
Debt Assessments	0	0	0		
Interest Income	643	0	120	Interest Projected At $10 Per Month	
					
TOTAL REVENUES	$	88,299	$	116,825	$	119,825		
					
EXPENDITURES					
Administrative Expenditures					
Supervisor Fees	0	0	0		
Management	36,000	36,000	36,000	$3,000 X 12 Months	
Legal	15,703	40,000	35,000	$5,000 Decrease From 2024/2025 Budget	
Assessment Roll	0	0	0	Will Commence In Fiscal Year Following Issuing Of Bond	
Audit Fees	3,400	4,100	4,100	Fee Could Increase If Bond Is Issued	
Arbitrage Rebate Fee	0	0	0	Will Commence In Fiscal Year Following Issuing Of Bond	
Insurance	5,000	6,000	6,000	No Change From 2024/2025 Budget	
Legal Advertisements	2,625	20,000	20,000	No Change From 2024/2025 Budget	
Miscellaneous	1,361	1,500	1,500	No Change From 2024/2025 Budget	
Postage	131	300	300	No Change From 2024/2025 Budget	
Office Supplies	1,057	1,750	1,750	No Change From 2024/2025 Budget	
Dues & Subscriptions	175	175	175	Annual Fee Due Department Of Economic Opportunity	
Website Management	1,500	3,000	3,000	$250 X 12 Months	
Trustee Fees	0	0	0	Will Commence In Fiscal Year Following Issuing Of Bond	
Continuing Disclosure Fee	0	0	0	Will Commence In Fiscal Year Following Issuing Of Bond	
					
Total Administrative Expenditures	$	66,952	$	112,825	$	107,825		
					
Maintenance Expenditures					
Engineering/Inspections	24,711	2,000	10,000	$8,000 Increase From 2024/2025 Budget	
Miscellaneous Maintenance	0	2,000	2,000	No Change From 2024/2025 Budget	
Field Operations	0	0	0		
					
Total Maintenance Expenditures	$	24,711	$	4,000	$	12,000		
					
TOTAL EXPENDITURES	$	91,663	$	116,825	$	119,825		
					
REVENUES LESS EXPENDITURES	$	(3,364)	$	-	$	-		
					
Bond Payments	0	0	0		
					
BALANCE	$	(3,364)	$	-	$	-		
					
County Appraiser & Tax Collector Fee	0	0	0		
Discounts For Early Payments	0	0	0		
					
EXCESS/ (SHORTFALL)	$	(3,364)	$	-	$	-