Title: LC Final Budget 2026-2027.xlsx
Author: JWalker

Los Cayos Community Development District

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

CONTENTS

I

FINAL BUDGET

II

DETAILED FINAL BUDGET

III

DETAILED FINAL DEBT SERVICE FUND BUDGET

IV

ASSESSMENT COMPARISON

FINAL BUDGET
LOS CAYOS COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2026/2027
OCTOBER 1, 2026 - SEPTEMBER 30, 2027

II

REVENUES

FISCAL YEAR 2026/2027 BUDGET

Administrative Assessments

69,159

Maintenance Assessments

29,133

Debt Assessments

380,894

Developer Contribution

0

Developer Contribution - Import Fill Material

0

Interest Income

900

TOTAL REVENUES

$	480,086

EXPENDITURES

Administrative Expenditures

Supervisor Fees

0

Management

34,000

Legal

13,500

Assessment Roll

6,000

Audit Fees

4,700

Arbitrage Rebate Fee

650

Insurance

7,500

Legal Advertisements

3,500

Miscellaneous

500

Postage

200

Office Supplies

500

Dues & Subscriptions

175

Website Management

2,500

Trustee Fees

4,300

Continuing Disclosure Fee

500

Dissemination Services

2,500

Total Administrative Expenditures

$	81,025

Maintenance Expenditures

Engineering/Inspections

8,000

Miscellaneous Maintenance

3,000

Environmental Inspections

10,000

Stormwater Management

16,000

Storm Drainage/Class V Permit

3,500

Field Operations

2,000

Entry Road Maintenance

0

Water Feature Maintenance

0

Landscape Maintenance

0

Monuments Maintenance

0

Street Lighting

0

Sidewalks

0

Power Utility

0

Water & Sewage/Potable Water

0

Total Maintenance Expenditures

$	42,500

TOTAL EXPENDITURES

$	123,525

REVENUES LESS EXPENDITURES

$	356,561

Bond Payments

(358,040)

BALANCE

$	(1,479)

County Appraiser & Tax Collector Fee

(9,584)

Discounts For Early Payments

(19,167)

EXCESS/ (SHORTFALL)

$	(30,230)

CARRYOVER FROM PRIOR YEAR

30,230

NET EXCESS/ (SHORTFALL)

$	-

DETAILED FINAL BUDGET
LOS CAYOS 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

Administrative Assessments

95,185

82,633

69,159

Expenditures Less Interest/.94

Maintenance Assessments

0

15,662

29,133

Expenditures Less Carryover/.94

Debt Assessments

366,078

380,894

380,894

Bond Payments/.94

Developer Contribution

0

71,677

0

Developer Contribution - Import Fill Material

0

0

0

Interest Income

19,908

600

900

Projected At $75 Per Month

TOTAL REVENUES

$	481,171

$	551,466

$	480,086

EXPENDITURES

Administrative Expenditures

Supervisor Fees

0

0

0

Management

34,000

34,000

34,000

No Change From 2025/2026 Budget

Legal

17,650

12,500

13,500

$1,000 Increase From 2025/2026 Budget

Assessment Roll

6,000

6,000

6,000

No Change From 2025/2026 Budget

Audit Fees

4,500

4,500

4,700

Accepted Amount For 2025/2026 Audit

Arbitrage Rebate Fee

650

650

650

No Change From 2025/2026 Budget

Insurance

5,200

6,250

7,500

FY 2025/2026 Expenditure Was $6,012

Legal Advertisements

3,427

3,000

3,500

$500 Increase From 2025/2026 Budget

Miscellaneous

289

500

500

No Change From 2025/2026 Budget

Postage

141

200

200

No Change From 2025/2026 Budget

Office Supplies

204

500

500

No Change From 2025/2026 Budget

Dues & Subscriptions

175

175

175

Annual Fee Due Department Of Economic Opportunity

Website Management

2,500

2,500

2,500

$208.33 X 12 Months

Trustee Fees

4,246

4,000

4,300

$300 Increase From 2025/2026 Budget

Continuing Disclosure Fee

500

1,000

500

$500 Decrease From 2025/2026 Budget

Dissemination Services

2,500

2,500

2,500

Required By Bond Underwriter

Total Administrative Expenditures

$	81,982

$	78,275

$	81,025

Maintenance Expenditures

Engineering/Inspections

7,834

8,000

8,000

No Change From 2025/2026 Budget

Miscellaneous Maintenance

0

3,000

3,000

No Change From 2025/2026 Budget

Environmental Inspections

0

10,000

10,000

No Change From 2025/2026 Budget

Stormwater Management

0

16,000

16,000

No Change From 2025/2026 Budget

Storm Drainage/Class V Permit

0

3,500

3,500

Stormwater Drainage System Requirement

Field Operations

0

3,000

2,000

$166.67 X 12 Months

Entry Road Maintenance

0

1,300

0

To Be Transferred To HOA

Water Feature Maintenance

0

8,000

0

To Be Transferred To HOA

Landscape Maintenance

0

16,000

0

To Be Transferred To HOA

Monuments Maintenance

0

2,000

0

To Be Transferred To HOA

Street Lighting

0

3,600

0

To Be Transferred To HOA

Sidewalks

0

1,500

0

To Be Transferred To HOA

Power Utility

0

5,500

0

To Be Transferred To HOA

Water & Sewage/Potable Water

0

5,000

0

To Be Transferred To HOA

Total Maintenance Expenditures

$	7,834

$	86,400

$	42,500

TOTAL EXPENDITURES

$	89,816

$	164,675

$	123,525

REVENUES LESS EXPENDITURES

$	391,355

$	386,791

$	356,561

Bond Payments

(353,264)

(358,040)

(358,040)

2027 Principal & Interest Payments

BALANCE

$	38,091

$	28,751

$	(1,479)

County Appraiser & Tax Collector Fee

(4,427)

(9,584)

(9,584)

Two Percent Of Total Assessment Roll

Discounts For Early Payments

(17,986)

(19,167)

(19,167)

Four Percent Of Total Assessment Roll

EXCESS/ (SHORTFALL)

$	15,678

$	-

$	(30,230)

CARRYOVER FROM PRIOR YEAR

0

0

30,230

Carryover From Prior Year

NET EXCESS/ (SHORTFALL)

$	15,678

$	-

$	-

DETAILED FINAL DEBT SERVICE FUND BUDGET
LOS CAYOS COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2026/2027
OCTOBER 1, 2026 - SEPTEMBER 30, 2027

Series 2024 Bond Information

Original Par Amount =

$5,275,000

Annual Principal Payments Due =  June 15th

Interest Rate =

4.40% - 5.55%

Annual Interest Payments Due =

June 15th & December 15th

Issue Date =

March 2024

Maturity Date =

June 2054

Par Amount As Of 1/1/26 =

$5,195,000

III

REVENUES

FISCAL YEAR 2024/2025 ACTUAL

FISCAL YEAR 2025/2026 BUDGET

FISCAL YEAR 2026/2027 BUDGET

COMMENTS

Interest Income

15,440

100

1,000

Projected Interest For 2026/2027

NAV Tax Collection

488,164

358,040

358,040

Maximum Debt Service Collection

Bond Proceeds

0

0

0

Total Revenues

$	503,604

$	358,140

$	359,040

EXPENDITURES

Principal Payments

80,000

80,000

85,000

Principal Payment Due In 2027

Interest Payments

279,800

274,520

270,890

Interest Payment Due In 2027

Transfer To Construction Fund

7,855

0

0

Bond Redemption

0

3,620

3,150

Estimated Excess Debt Collections

Total Expenditures

$	367,655

$	358,140

$	359,040

Excess/ (Shortfall)

$	135,949

$	-

$	-

Los Cayos Community Development District Assessment Comparison

Fiscal Year
2024/2025

Fiscal Year
2025/2026

Fiscal Year 2026/2027
  Projected Assessment*	

	Assessment*	 	Assessment*	

Admin Assessment For Townhomes
Maint Assessment For Townhomes Debt Assessment For Townhomes
Total For Townhomes

$
$

425.53
-

$
$

357.72
67.81

$
$

299.40
126.13

 $	1,649.00

 $	1,649.00

 $	1,649.00

$

2,074.53

$

2,074.53

$

2,074.53

O&M Covenant = 400.00 400.00/.94 = 425.53
Can Exceed In 25/26

* Assessments Include the Following :

4% Discount for Early Payments 1% County Tax Collector Fee
1% County Property Appraiser Fee

Community Information:

Townhomes

231

IV