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

Century Park Square 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 (SERIES 2025)

IV

DETAILED FINAL DEBT SERVICE FUND BUDGET (SERIES 2026)

V

ASSESSMENT COMPARISON

FINAL BUDGET
CENTURY PARK SQUARE COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2026/2027
OCTOBER 1, 2026 - SEPTEMBER 30, 2027

I

REVENUES

FISCAL YEAR 2026/2027 BUDGET

O&M Assessments

128,726

Developer Contribution

0

Debt Assessments - Series 2025

221,147

Debt Assessments - Series 2026

117,112

Interest Income

120

TOTAL REVENUES

$	467,105

EXPENDITURES

Administrative Expenditures

Supervisor Fees

0

Management

24,648

Legal

22,000

Assessment Roll

6,000

Audit Fees

5,100

Arbitrage Rebate Fee

0

Insurance

5,900

Legal Advertisements

5,000

Miscellaneous

2,500

Postage

300

Office Supplies

1,500

Dues & Subscriptions

175

Trustee Fees

8,500

Website Management & ADA Compliance

2,500

Dissemination Services

5,000

Continuing Disclosure Fee

2,000

Contingency

25,000

Total Administrative Expenditures

$	116,123

Maintenance Expenditures

Engineering/Inspections

5,000

Field Operations

0

Miscellaneous Maintenance

0

Total Maintenance Expenditures

$	5,000

TOTAL EXPENDITURES

$	121,123

REVENUES LESS EXPENDITURES

$	345,982

Bond Payments - Series 2025

(207,878)

Bond Payments - Series 2026

(110,085)

BALANCE

$	28,019

County Appraiser & Tax Collector Fee

(9,340)

Discounts For Early Payments

(18,679)

EXCESS/ (SHORTFALL)

$	-

DETAILED FINAL BUDGET
CENTURY PARK SQUARE 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

O&M Assessments

0

95,745

128,726

Expenditures Less Interest/.94

Developer Contribution

65,562

0

0

Debt Assessments - Series 2025

0

221,147

221,147

Bond Payments/.94

Debt Assessments - Series 2026

0

0

117,112

Bond Payments/.94

Interest Income

13

120

120

Projected At $10 Per Month

TOTAL REVENUES

$	65,575

$	317,012

$	467,105

EXPENDITURES

Administrative Expenditures

Supervisor Fees

0

0

0

Management

24,000

24,000

24,648

CPI Adjustment

Legal

12,685

25,000

22,000

$3,000 Decrease From 2025/2026 Budget

Assessment Roll

6,000

6,000

6,000

No Change From 2025/2026 Budget

Audit Fees

0

4,000

5,100

Will Increase Due To Second Bond Issue

Arbitrage Rebate Fee

0

650

0

District Bonds Qualify For Small User Exception

Insurance

5,000

6,000

5,900

FY 2025/2026 Expenditure Was $5,300

Legal Advertisements

9,261

7,995

5,000

$2,995 Decrease From 2025/2026 Budget

Miscellaneous

528

2,500

2,500

No Change From 2025/2026 Budget

Postage

235

300

300

No Change From 2025/2026 Budget

Office Supplies

435

1,500

1,500

No Change From 2025/2026 Budget

Dues & Subscriptions

175

175

175

Annual Fee Due Department Of Economic Opportunity

Trustee Fees

0

4,000

8,500

Increased Due To Second Bond Issue

Website Management & ADA Compliance

2,500

2,500

2,500

$208.33 X 12 Months

Dissemination Services

0

2,500

5,000

Required By Underwriter

Continuing Disclosure Fee

0

1,000

2,000

Increased Due To Second Bond Issue

Contingency

0

0

25,000

Contingency

Total Administrative Expenditures

$	60,819

$	88,120

$	116,123

Maintenance Expenditures

Engineering/Inspections

1,294

2,000

5,000

$3,000 Increase From 2025/2026 Budget

Field Operations

0

0

0

Miscellaneous Maintenance

0

0

0

Total Maintenance Expenditures

$	1,294

$	2,000

$	5,000

TOTAL EXPENDITURES

$	62,113

$	90,120

$	121,123

REVENUES LESS EXPENDITURES

$	3,462

$	226,892

$	345,982

Bond Payments - Series 2025

0

(207,878)

(207,878)

2027 Principal & Interest Payments

Bond Payments - Series 2026

0

0

(110,085)

2027 Principal & Interest Payments

BALANCE

$	3,462

$	19,014

$	28,019

County Appraiser & Tax Collector Fee

0

(6,338)

(9,340)

Two Percent Of Total Assessment Roll

Discounts For Early Payments

0

(12,676)

(18,679)

Four Percent Of Total Assessment Roll

EXCESS/ (SHORTFALL)

$	3,462

$	-

$	-

DETAILED FINAL DEBT SERVICE FUND (SERIES 2025) BUDGET
CENTURY PARK SQUARE COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2026/2027
OCTOBER 1, 2026 - SEPTEMBER 30, 2027

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 1/1/26 =

$2,890,000

III

REVENUES

FISCAL YEAR 2024/2025 ACTUAL

FISCAL YEAR 2025/2026 BUDGET

FISCAL YEAR 2026/2027 BUDGET

COMMENTS

Interest Income

2,302

100

1,000

Projected Interest For 2026/2027

NAV Tax Collection

0

207,878

207,878

Maximum Debt Service Collection

Bond Proceeds

181,230

0

0

Total Revenues

$	183,532

$	207,978

$	208,878

EXPENDITURES

Principal Payments

0

40,000

40,000

Principal Payment Due In 2027

Interest Payments

0

166,194

164,844

Interest Payment Due In 2027

Bond Redemption

0

1,784

4,034

Estimated Excess Debt Collections

Total Expenditures

$	-

$	207,978

$	208,878

Excess/ (Shortfall)

$	183,532

$	-

$	-

DETAILED FINAL DEBT SERVICE FUND (SERIES 2026) BUDGET
CENTURY PARK SQUARE COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2026/2027
OCTOBER 1, 2026 - SEPTEMBER 30, 2027

Notes
Capitalized Interest Set-Up Through November 2026

Series 2026 Bond Information

Original Par Amount =

$1,555,000

Annual Principal Payments Due =

May 15th

Interest Rate =

4.00% - 5.80%

Annual Interest Payments Due =

May 15th & November 15th

Issue Date =

April 2026

Maturity Date =

May 2056

Par Amount As Of 5/1/26 =

$1,555,000

III

REVENUES

FISCAL YEAR 2024/2025 ACTUAL

FISCAL YEAR 2025/2026 BUDGET

FISCAL YEAR 2026/2027 BUDGET

COMMENTS

Interest Income

0

0

1,000

Projected Interest For 2026/2027

NAV Tax Collection

0

0

110,085

Maximum Debt Service Collection

Bond Proceeds

0

0

0

Total Revenues

$	-

$	-

$	111,085

EXPENDITURES

Principal Payments

0

0

20,000

Principal Payment Due In 2027

Interest Payments

0

0

85,495

Interest Payment Due In 2027

Bond Redemption

0

-

5,590

Estimated Excess Debt Collections

Total Expenditures

$	-

$	-

$	111,085

Excess/ (Shortfall)

$	-

$	-

$	-

Century Park Square Community Development District Assessment Comparison

Fiscal Year
2024/2025

Fiscal Year
2025/2026

Fiscal Year 2026/2027
  Projected Assessment*	

	Assessment*	 	Assessment*	

O&M Assessment For Area One Townhomes Debt Assessment For Area One Townhomes
Total For Area One Townhomes

$

-

$

478.72

$

420.69

$	-	

 $	1,105.73

 $	1,105.73

$

-

$

1,584.45

$

1,526.42

O&M Assessment For Area Two Townhomes Debt Assessment For Area Two Townhomes
Total For Area Two Townhomes

$

-

$

-

$

420.69

$	-	

 $	-	

 $	1,104.83

$

-

$

-

$

1,525.52

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

* Assessments Include the Following :

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

Community Information:

Phase 1 Townhomes
Phase 2 Townhomes Total

200
106
306

V