Century Parc Community Development District

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

CONTENTS

I

PROPOSED BUDGET

II

DETAILED PROPOSED BUDGET

III

DETAILED PROPOSED DEBT SERVICE FUND BUDGET

IV

ASSESSMENT COMPARISON

PROPOSED BUDGET
CENTURY PARC COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2026/2027
OCTOBER 1, 2026 - SEPTEMBER 30, 2027

I

REVENUES

FISCAL YEAR 2026/2027 BUDGET

Administrative Assessments

55,332

Maintenance Assessments

80,328

Debt Assessments

351,984

Other Revenues

0

Interest Income

1,320

TOTAL REVENUES

$	488,964

EXPENDITURES

MAINTENANCE EXPENDITURES

Maintenance/Contingency - Drainage

22,000

Maintenance/Contingency - Roads

45,000

Storm Drainage/Class V Permit

3,500

Engineering/Inspections

5,000

TOTAL MAINTENANCE EXPENDITURES

$	75,500

ADMINISTRATIVE EXPENDITURES

Supervisor Fees

6,000

Payroll Taxes (Employer)

480

Management

37,362

Secretarial

4,200

Legal

8,000

Assessment Roll

6,000

Audit Fees

3,700

Insurance

8,200

Legal Advertisements

3,500

Miscellaneous

650

Postage

300

Office Supplies

550

Dues & Subscriptions

175

Trustee Fees

3,600

Continuing Disclosure Fee

350

Website Management

2,000

TOTAL ADMINISTRATIVE EXPENDITURES

$	85,067

TOTAL EXPENDITURES

$	160,567

REVENUES LESS EXPENDITURES

$	328,397

Bond Payments

(330,865)

BALANCE

$	(2,468)

County Appraiser & Tax Collector Fee

(9,757)

Discounts For Early Payments

(19,515)

Excess/ (Shortfall)

$	(31,740)

Carryover From Prior Year

31,740

Net Excess/ (Shortfall)

$	-

DETAILED PROPOSED BUDGET
CENTURY PARC 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

76,221

59,169

55,332

Expenditures Less Interest & Carryover/.94

Maintenance Assessments

60,603

76,604

80,328

Expenditures/.94

Debt Assessments

351,991

351,984

351,984

Bond Payments/.94

Other Revenues

0

0

0

Interest Income

31,277

1,200

1,320

Interest Estimated At $110 Per Month

TOTAL REVENUES

$	520,092

$	488,957

$	488,964

EXPENDITURES

MAINTENANCE EXPENDITURES

Maintenance/Contingency - Drainage

0

22,000

22,000

Maintenance/Contingency - Drainage

Maintenance/Contingency - Roads

0

45,000

45,000

2031 Road Project - Tenth Year

Storm Drainage/Class V Permit

3,500

0

3,500

Storm Drainage/Class V Permit

Engineering/Inspections

3,429

5,000

5,000

No Change From 2025/2026 Budget

TOTAL MAINTENANCE EXPENDITURES

$	6,929

$	72,000

$	75,500

ADMINISTRATIVE EXPENDITURES

Supervisor Fees

2,800

6,000

6,000

Supervisor Fees

Payroll Taxes (Employer)

295

480

480

Projected At 8% Of Supervisor Fees

Management

35,616

36,648

37,362

CPI Adjustment

Secretarial

4,200

4,200

4,200

No Change From 2025/2026 Budget

Legal

7,568

8,000

8,000

No Change From 2025/2026 Budget

Assessment Roll

6,000

6,000

6,000

As Per Contract

Audit Fees

3,500

3,600

3,700

Accepted Amount For 2024/2025 Audit

Insurance

6,858

7,400

8,200

Fiscal Year 25/26 Expenditure Was $7,769

Legal Advertisements

3,154

2,600

3,500

Costs Have Increased Due To Closing Of The Miami Business Review

Miscellaneous

523

650

650

No Change From 2025/2026 Budget

Postage

275

300

300

No Change From 2025/2026 Budget

Office Supplies

306

550

550

$25 Decrease From 2025/2026 Budget

Dues & Subscriptions

175

175

175

No Change From 2025/2026 Budget

Trustee Fees

3,709

3,600

3,600

No Change From 2025/2026 Budget

Continuing Disclosure Fee

350

350

350

No Change From 2025/2026 Budget

Website Management

2,000

2,000

2,000

No Change From 2025/2026 Budget

TOTAL ADMINISTRATIVE EXPENDITURES

$	77,329

$	82,553

$	85,067

TOTAL EXPENDITURES

$	84,258

$	154,553

$	160,567

REVENUES LESS EXPENDITURES

$	435,834

$	334,404

$	328,397

Bond Payments

(335,370)

(330,865)

(330,865)

2027 P & I Payments Less Earned Interest

BALANCE

$	100,464

$	3,539

$	(2,468)

County Appraiser & Tax Collector Fee

(18,059)

(9,760)

(9,757)

Two Percent Of Total Assessment Roll

Discounts For Early Payments

(4,701)

(19,519)

(19,515)

Four Percent Of Total Assessment Roll

Excess/ (Shortfall)

$	77,704

$	(25,740)

$	(31,740)

Carryover From Prior Year

0

25,740

31,740

Carryover From Prior Year

Net Excess/ (Shortfall)

$	77,704

$	-

$	-

DETAILED PROPOSED DEBT SERVICE FUND BUDGET
CENTURY PARC COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2026/2027
OCTOBER 1, 2026 - SEPTEMBER 30, 2027

Series 2012 Refunding Bonds Information

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

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

Annual Principal Payments Due =
Annual Interest Payments Due =

November 1st
May 1st & November 1st

Par Amount As Of 1/1/2026 =

$1,705,000

III

REVENUES

FISCAL YEAR

2024/2025

ACTUAL

FISCAL YEAR

2025/2026

BUDGET

FISCAL YEAR

2026/2027

BUDGET

COMMENTS

Interest Income

21,170

1,860

1,985

Projected Interest For 2026/2027

NAV Tax Collection

335,570

330,865

330,865

2026 P & I Payments Less Earned Interest

Total Revenues

$	356,740

$	332,725

$	332,850

EXPENDITURES

Principal Payments

235,000

255,000

265,000

Principal Payment Due In 2027

Interest Payments

92,014

77,725

67,850

Interest Payments Due In 2027

Total Expenditures

$	327,014

$	332,725

$	332,850

Excess/ (Shortfall)

$	29,726

$	-

$	-

Century Parc Community Development District Assessment Comparison

Fiscal Year 2023/2024
Assessment*

Fiscal Year 2024/2025
Assessment*

Fiscal Year 2025/2026
Assessment*

Fiscal Year 2026/2027
Projected Assessment*

Administrative
Maintenance Debt

$
$

98.31
79.22

$
$

98.29
79.22

$
$

77.35
100.14

$
$

72.34
105.01

 $	461.93

 $	461.93

 $	461.93

 $	461.93

Total For 691 Units

$

639.46

$

639.44

$

639.42

$

639.28

Administrative
Maintenance Debt

$
$

98.31
79.22

$
$

98.29
79.22

$
$

77.35
100.14

$
$

72.34
105.01

 $	461.93

 $	461.93

 $	461.93

 $	461.93

Total For 74 Townhomes

$

639.46

$

639.44

$

639.42

$

639.28

* Assessments Include the Following :	 4% Discount for Early Payments
1% County Tax Collector Fee
1% County Property Appraiser Fee

 Community Information:	

Condominiums Townhomes Total Units

691
74
765

 Townhomes Information	

Total Units Prepayments Billed For Debt

74
3
71

IV