Century Park Square Community Development District

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

CONTENTS

FINAL BUDGET

DETAILED FINAL BUDGET

DETAILED FINAL DEBT SERVICE FUND BUDGET

ASSESSMENT COMPARISON

FINAL BUDGET
CENTURY PARK SQUARE COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2025/2026
OCTOBER 1, 2025 - SEPTEMBER 30, 2026

REVENUES	
FISCAL YEAR 2025/2026 BUDGET	
O&M Assessments	95,745	
Developer Contribution	0	
Debt Assessments	221,147	
Interest Income	120	
		
TOTAL REVENUES	$	317,012	
		
EXPENDITURES		
Administrative Expenditures		
Supervisor Fees	0	
Management	24,000	
Legal	25,000	
Assessment Roll	6,000	
Audit Fees	4,000	
Arbitrage Rebate Fee	650	
Insurance	6,000	
Legal Advertisements	7,995	
Miscellaneous	2,500	
Postage	300	
Office Supplies	1,500	
Dues & Subscriptions	175	
Trustee Fees	4,000	
Website Management & ADA Compliance	2,500	
Dissemination Services	2,500	
Continuing Disclosure Fee	1,000	
		
Total Administrative Expenditures	$	88,120	
		
Maintenance Expenditures		
Engineering/Inspections	2,000	
Field Operations	0	
Miscellaneous Maintenance	0	
		
Total Maintenance Expenditures	$	2,000	
		
TOTAL EXPENDITURES	$	90,120	
		
REVENUES LESS EXPENDITURES	$	226,892	
		
Bond Payments	(207,878)	
		
BALANCE	$	19,014	
		
County Appraiser & Tax Collector Fee	(6,338)	
Discounts For Early Payments	(12,676)	
		
EXCESS/ (SHORTFALL)	$	-	

I

DETAILED FINAL BUDGET
CENTURY PARK SQUARE 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	95,745	Expenditures Less Interest/.94	
Developer Contribution	49,100	107,125	0		
Debt Assessments	0	0	221,147	Bond Payments/.94	
Interest Income	1	0	120	Projected At $10 Per Month	
					
TOTAL REVENUES	$	49,101	$	107,125	$	317,012		
					
EXPENDITURES					
Administrative Expenditures					
Supervisor Fees	0	0	0		
Management	6,000	24,000	24,000	$2,000 X 12 Months	
Legal	8,927	25,000	25,000	No Change From 2024/2025 Budget	
Assessment Roll	0	6,000	6,000	Will Commence In Fiscal Year Of Bond Issue	
Audit Fees	0	4,000	4,000	Will Commence In Fiscal Year 2025/2026 (For 2024/2025 Audit)	
Arbitrage Rebate Fee	0	650	650	Will Commence In Fiscal Year Following Issuing Of Bond	
Insurance	1,480	6,000	6,000	FY 2024/2025 Expenditure Was $5,000	
Legal Advertisements	23,389	25,000	7,995	Costs Higher In Prior Years	
Miscellaneous	185	2,500	2,500	No Change From 2024/2025 Budget	
Postage	372	300	300	No Change From 2024/2025 Budget	
Office Supplies	323	1,500	1,500	No Change From 2024/2025 Budget	
Dues & Subscriptions	100	175	175	Annual Fee Due Department Of Economic Opportunity	
Trustee Fees	0	4,000	4,000	Will Commence In Fiscal Year Following Issuing Of Bond	
Website Management & ADA Compliance	625	2,500	2,500	$208.33 X 12 Months	
Dissemination Services	0	2,500	2,500	Required By Underwriter	
Continuing Disclosure Fee	0	1,000	1,000	Will Commence In Fiscal Year Following Issuing Of Bond	
					
Total Administrative Expenditures	$	41,401	$	105,125	$	88,120		
					
Maintenance Expenditures					
Engineering/Inspections	2,708	2,000	2,000	Engineers Report To Be Included In Bond Cost Of Issuance	
Field Operations	0	0	0		
Miscellaneous Maintenance	0	0	0		
					
Total Maintenance Expenditures	$	2,708	$	2,000	$	2,000		
					
TOTAL EXPENDITURES	$	44,109	$	107,125	$	90,120		
					
REVENUES LESS EXPENDITURES	$	4,992	$	-	$	226,892		
					
Bond Payments	0	0	(207,878)	2026 Principal & Interest Payments	
					
BALANCE	$	4,992	$	-	$	19,014		
					
County Appraiser & Tax Collector Fee	0	0	(6,338)	Two Percent Of Total Assessment Roll	
Discounts For Early Payments	0	0	(12,676)	Four Percent Of Total Assessment Roll	
					
EXCESS/ (SHORTFALL)	$	4,992	$	-	$	-		

II

DETAILED FINAL DEBT SERVICE FUND BUDGET
CENTURY PARK SQUARE 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	

Interest Income	
0	
0	
100	
Projected Interest For 2025/2026	

NAV Tax Collection	
0	
0	
207,878	
Maximum Debt Service Collection	

Bond Proceeds	
0	
0	
0		

Total Revenues	
$	-	
$	-	
$	207,978		

EXPENDITURES					

Principal Payments	
0	
0	
40,000	
Principal Payment Due In 2026	

Interest Payments	
0	
0	
166,194	
Interest Payment Due In 2026	

Bond Redemption	
0	
-	
1,784	
Estimated Excess Debt Collections	

Total Expenditures	
$	-	
$	-	
$	207,978		

Excess/ (Shortfall)	
$	-	
$	-	
$	-		

Notes
Capitalized Interest Set-Up Through November 2025

Series 2025 Bond Information

Original Par Amount =	$2,890,000	Annual Principal Payments Due =	May 15th	
Interest Rate =	4.625% - 6.00%	Annual Interest Payments Due =	May 15th & November 15th	
Issue Date =	May 2025			
Maturity Date =	May 2055			

Par Amount As Of 6/1/25 =  $2,890,000

III

Century Park Square Community Development District Assessment Comparison

Fiscal Year	Fiscal Year	Fiscal Year
2023/2024	2024/2025	2025/2026
	Assessment*	 	Assessment*	   Projected Assessment*	
O&M Assessment For Townhomes	$	-	$	-	$	478.72

Debt Assessment For Townhomes

$	-		$	-	

$	1,105.73

Total For Townhomes

$	-	$	-	$

1,584.45

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

Community Information:
Townhomes	200

O&M Covenant = 450.00 450.00/.94 = 478.72
Can Exceed In 26/27

IV