Century 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
CENTURY PARC COMMUNITY DEVELOPMENT DISTRICT OPERATING FUND
FISCAL YEAR 2024/2025 OCTOBER 1, 2024 - SEPTEMBER 30, 2025

Notes
Carryover From Prior Year Of $9,360 was used to reduce Fiscal Year 2024/2025 Assessments. Carryover From Prior Year Of $25,740 to be used to reduce Fiscal Year 2025/2026 Assessments. 9-30-25 Reserve Balances - Drainage: $115,800 - Roads: $446,900
Unspent Drainage & Roads Maintenance To Be Added To Reserves In October 2025.

I

$729,161

$19,823

$748,984

$562,700

$186,284

GROSS FUND BALANCE AS OF 9/30/24

FY 2024/2025 ACTIVITY

GROSS FUND BALANCE AS OF 9/30/25

RESERVE FUND BALANCES AS OF 9/30/25

NET 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

Administrative Assessments

75,190

76,221

76,221

Maintenance Assessments

60,602

60,603

60,603

Debt Assessments

351,984

351,991

351,991

Other Revenue

0

0

0

Interest Income

840

27,000

26,666

TOTAL REVENUES

$	488,616

$	515,815

$	515,481

EXPENDITURES

MAINTENANCE EXPENDITURES

Maintenance/Contingency - Drainage

16,100

16,100

3,500

Maintenance/Contingency - Roads

37,860

37,860

0

Engineering/Inspections

3,000

4,400

3,429

TOTAL MAINTENANCE EXPENDITURES

$	56,960

$	58,360

$	6,929

ADMINISTRATIVE EXPENDITURES

Supervisor Fees

6,000

2,800

2,800

Payroll Taxes - Employer

480

295

295

Management

35,616

35,616

35,616

Secretarial

4,200

4,200

4,200

Legal

8,000

8,300

7,167

Assessment Roll

6,000

6,000

6,000

Audit Fees

3,900

3,500

3,500

Insurance

7,000

6,858

6,858

Legal Advertisements

2,000

4,200

3,154

Miscellaneous

675

650

523

Postage

300

300

275

Office Supplies

575

350

306

Dues & Subscriptions

175

175

175

Trustee Fees

3,600

3,709

3,709

Continuing Disclosure Fee

350

350

350

Website Management

2,000

2,000

2,000

TOTAL ADMINISTRATIVE EXPENDITURES

$	80,871

$	79,303

$	76,928

TOTAL EXPENDITURES

$	137,831

$	137,663

$	83,857

REVENUES LESS EXPENDITURES

$	350,785

$	378,152

$	431,624

Bond Payments

(330,865)

(335,570)

(335,570)

BALANCE

$	19,920

$	42,582

$	96,054

County Appraiser & Tax Collector Fee

(9,760)

(18,058)

(18,058)

Discounts For Early Payments

(19,520)

(4,701)

(4,701)

Excess/Shortfall

$	(9,360)

$	19,823

$	73,295

Carryover From Prior Year

9,360

9,360

0

Net Excess/Shortfall

$	-

$	29,183

$	73,295

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

Notes
Reserve Fund Balance = $166,689*. Revenue Fund Balance = $446,339*.
Revenue Fund Balance To Be Used To Make 11/1/2025 Principal & Interest Payment Of $288,569 (Principal: $245,000 + Interest: $43,569 = $288,569).

* Approximate Amounts

Series 2012 Refunding Bonds Information
Original Par Amount =

$4,305,000 1.5% - 4.25%
April 2012
November 2031

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

Interest Rate = Issue Date = Maturity Date =

Par Amount As Of 9/30/25 =

$1,950,000

II

$583,301

$29,727

$613,028

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

1,273

21,171

21,171

NAV Tax Collection

330,865

335,570

335,570

Total Revenues

$	332,138

$	356,741

$	356,741

EXPENDITURES

Principal Payments

245,000

235,000

235,000

Interest Payments

87,138

92,014

92,014

Total Expenditures

$	332,138

$	327,014

$	327,014

Excess/ (Shortfall)

$	-

$	29,727

$	29,727