Lakefront Estates 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
LAKEFRONT ESTATES 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

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 FINAL BUDGET
LAKEFRONT ESTATES 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

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)

$	-

$	-