Shores at Stillwater Community Development District

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

CONTENTS

I

FINAL BUDGET

II

DETAILED FINAL BUDGET

FINAL BUDGET
SHORES AT STILLWATER COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2026/2027
OCTOBER 1, 2026 - SEPTEMBER 30, 2027

Note: If District Were On The Assessment Roll - O&M Rate Would Be $276 (255 Units)

I

REVENUES

FISCAL YEAR 2026/2027 BUDGET

O&M Assessments

66,157

Developer Contribution

0

Developer Funding

62,968

Debt Assessments

0

Interest Income

0

TOTAL REVENUES

$	129,125

EXPENDITURES

Administrative Expenditures

Supervisor Fees

0

Payroll Taxes (Employer)

0

Management

30,000

Legal

25,000

Assessment Roll

4,000

Audit Fees

4,000

Arbitrage Rebate Fee

650

Insurance

6,000

Legal Advertisements

25,000

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

$	109,125

Maintenance Expenditures

Engineering/Inspections

20,000

Lake Bank Maintenance

0

Preserve Maintenance

0

Pipe Inspection/Maintenance

0

Miscellaneous Maintenance

0

Maintenance/Contingency

0

Total Maintenance Expenditures

$	20,000

TOTAL EXPENDITURES

$	129,125

REVENUES LESS EXPENDITURES

$	-

Bond Payments

0

BALANCE

$	-

County Appraiser & Tax Collector Fee

0

Discounts For Early Payments

0

EXCESS/ (SHORTFALL)

$	-

DETAILED FINAL BUDGET
SHORES AT STILLWATER COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2026/2027
OCTOBER 1, 2026 - SEPTEMBER 30, 2027

Note: If District Were On The Assessment Roll - O&M Rate Would Be $276 (255 Units)

II

REVENUES

FISCAL YEAR 2024/2025 ACTUAL

FISCAL YEAR 2025/2026 BUDGET

FISCAL YEAR 2026/2027 BUDGET

COMMENTS

O&M Assessments

0

0

66,157

To Be Collected At Closings

Developer Contribution

0

66,157

0

Developer Funding

0

0

62,968

Developer Funding For Expenditures That Exceed $276 O&M Rate

Debt Assessments

0

0

0

Interest Income

1

0

0

TOTAL REVENUES

$	1

$	66,157

$	129,125

EXPENDITURES

Administrative Expenditures

Supervisor Fees

0

0

0

Payroll Taxes (Employer)

0

0

0

Management

0

17,500

30,000

$2,500 X 12 Months

Legal

0

16,000

25,000

Assessment Roll

0

4,000

4,000

No Change From 2025/2026 Budget

Audit Fees

0

0

4,000

Will Commence In Fiscal Year 2026/2027 (For 2025/2026 Audit)

Arbitrage Rebate Fee

0

0

650

Will Commence In Fiscal Year Following Issuing Of Bond

Insurance

0

5,000

6,000

Insurance Estimate

Legal Advertisements

0

15,000

25,000

Miscellaneous

0

2,332

2,500

Postage

0

300

300

No Change From 2025/2026 Budget

Office Supplies

0

1,200

1,500

No Change From 2025/2026 Budget

Dues & Subscriptions

0

175

175

Annual Fee Due Department Of Economic Opportunity

Trustee Fees

0

0

4,000

Will Commence In Fiscal Year Following Issuing Of Bond

Website Management & ADA Compliance

0

1,750

2,500

$250 X 12 Months

Dissemination Services

0

0

2,500

Required By Underwriter

Continuing Disclosure Fee

0

0

1,000

Will Commence In Fiscal Year Following Issuing Of Bond

Total Administrative Expenditures

$	-

$	63,257

$	109,125

Maintenance Expenditures

Engineering/Inspections

2,708

2,000

20,000

Lake Bank Maintenance

0

100

0

Preserve Maintenance

0

100

0

Pipe Inspection/Maintenance

0

100

0

Miscellaneous Maintenance

0

100

0

Maintenance/Contingency

0

500

0

Total Maintenance Expenditures

$	2,708

$	2,900

$	20,000

TOTAL EXPENDITURES

$	2,708

$	66,157

$	129,125

REVENUES LESS EXPENDITURES

$	(2,707)

$	-

$	-

Bond Payments

0

0

0

BALANCE

$	(2,707)

$	-

$	-

County Appraiser & Tax Collector Fee

0

0

0

Discounts For Early Payments

0

0

0

EXCESS/ (SHORTFALL)

$	(2,707)

$	-

$	-