Woodland Ranch Estates
Community Development District

Adopted Budget
FY2026

Table of Contents

1-2

3-6

7
General Fund

General Fund Narrative

Debt Service Fund - Series 2025

8	Amortization Schedule - Series 2025

	Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Adopted Budget	
Description	FY2025	6/30/25	3 Months	9/30/25	FY2026	

Revenues						
Assessments	$	-	$	-	$	-	$	-	$	258,000	
Developer Contributions	$	294,510	$	47,928	$	109,778	$	157,706	$	235,556	
Total Revenues	$	294,510	$	47,928	$	109,778	$	157,706	$	493,556	

Expenditures						
General & Administrative						
Supervisor Fees	$	12,000	$	-	$	3,000	$	3,000	$	12,000	
FICA Expense	$	-	$	-	$	230	$	230	$	918	
Engineering Fees	$	15,000	$	250	$	5,500	$	5,750	$	10,000	
Attorney Fees	$	25,000	$	6,050	$	2,017	$	8,067	$	20,000	
Annual Audit	$	4,000	$	3,100	$	-	$	3,100	$	4,200	
Assessment Administration	$	5,000	$	-	$	5,000	$	5,000	$	5,000	
Arbitrage	$	450	$	-	$	450	$	450	$	450	
Dissemination Fees	$	5,000	$	1,667	$	1,250	$	2,917	$	5,000	
Trustee Fees	$	4,100	$	-	$	4,500	$	4,500	$	6,125	
Management Fees	$	37,500	$	28,125	$	9,375	$	37,500	$	38,625	
Information Technology	$	1,800	$	1,350	$	450	$	1,800	$	1,854	
Website Maintenance	$	1,200	$	900	$	300	$	1,200	$	1,236	
Postage & Delivery	$	1,000	$	5	$	250	$	255	$	500	
Insurance	$	5,000	$	5,200	$	-	$	5,200	$	5,980	
Copies	$	1,000	$	250	$	150	$	400	$	500	
Legal Advertising	$	20,000	$	1,010	$	1,483	$	2,493	$	2,500	
Contingencies	$	5,000	$	376	$	125	$	502	$	2,500	
Office Supplies	$	625	$	8	$	35	$	43	$	100	
Travel Per Diem	$	660	$	-	$	125	$	125	$	660	
Dues, Licenses & Subscriptions	$	175	$	175	$	-	$	175	$	175	
Total General & Administrative	$	144,510	$	48,466	$	34,240	$	82,706	$	118,323	

Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Adopted Budget				
Description	FY2025	6/30/25	3 Months	9/30/25	FY2026				

Operations & Maintenance Field Expenditures								
Property Insurance	$	-	$	-	$	-	$	-	$	20,000				
Field Management	$	-	$	-	$	-	$	-	$	15,000				
Landscape Maintenance	$	-	$	-	$	-	$	-	$	99,540				
Landscape Replacement	$	-	$	-	$	-	$	-	$	15,000				
Streetlights	$	-	$	-	$	-	$	-	$	33,770				
Electric	$	-	$	-	$	-	$	-	$	7,260				
Water & Sewer	$	-	$	-	$	-	$	-	$	50,000				
Sidewalk & Asphalt Maintenance	$	-	$	-	$	-	$	-	$	2,500				
Irrigation Repairs	$	-	$	-	$	-	$	-	$	10,000				
General Repairs & Maintenance	$	-	$	-	$	-	$	-	$	10,000				
Contingency	$	150,000	$	-	$	75,000	$	75,000	$	7,500				
Subtotal Field Expenditures	$	150,000	$	-	$	75,000	$	75,000	$	270,570				

Amenity Expenditures
Amenity - Electric	

$	-	

$	-	$	-	

$	-	

$	15,863				
Amenity - Water	$	-	$	-	$	-	$	-	$	12,000				
Internet	$	-	$	-	$	-	$	-	$	2,000				
Pest Control	$	-	$	-	$	-	$	-	$	1,200				
Janitorial Services	$	-	$	-	$	-	$	-	$	9,300				
Security Services	$	-	$	-	$	-	$	-	$	20,000				
Pool Mainteance	$	-	$	-	$	-	$	-	$	16,800				
Amenity Repairs & Maintenance	$	-	$	-	$	-	$	-	$	10,000				
Amenity Management	$	-	$	-	$	-	$	-	$	10,000				
Holiday Decorations	$	-	$	-	$	-	$	-	$	-				
Contingency	$	-	$	-	$	-	$	-	$	7,500				
Subtotal Amenity Expenditures	$	-	$	-	$	-	$	-	$	104,663	

Total Operations & Maintenance	$	150,000	$	-	$	75,000	$	75,000	$	375,233	
						
Total Expenditures	$	294,510	$	48,466	$	109,240	$	157,706	$	493,556	
						
Excess Revenues/(Expenditures)	$	-	$	(538)	$	538	$	-	$	-	

	Net Assessments	$	258,000	
	Add: Discounts & Collections 7%	$	19,419	
	Gross Assessments	$	277,419	

Product	
Assessable Units	

ERU	

Total ERU's	

Net Assessment	

Net Per Unit	

Gross Per Unit	
Platted	344	1.00	344.00	$	258,000	$	750.00	$	806.45	
Total Tax Roll	344		344.00	$	258,000			

Revenues:

Assessments

The District will levy a non-ad valorem assessment on all assessable property within the District to fund all general operating and maintenance expenditures during the fiscal year.

Developer Contributions

The District will enter into a funding agreement with the Developer to fund the General Fund expenditures for the Fiscal Year.

Expenditures:

General & Administrative:

Supervisor Fees

Chapter 190, Florida Statutes, allows for each Board member to receive $200 per meeting, not to exceed
$4,800 per year paid to each Supervisor for the time devoted to District business and meetings.

Engineering

The District's engineer will be providing general engineering services to the District, e.g. attendance and preparation for monthly board meetings, review invoices and various projects as directed by the Board of Supervisors and the District Manager.

Attorney

The District's legal counsel will be providing general legal services to the District, e.g. attendance and preparation for meetings, preparation and review of agreements, resolutions, etc. as directed by the Board of Supervisors and the District Manager.

Annual Audit

The District is required by Florida Statutes to arrange for an independent audit of its financial records on an annual basis.

Assessment Administration

The District will contract to levy and administer the collection of non-ad valorem assessment on all assessable property within the District.

Arbitrage

The District will contract with an independent certified public accountant to annually calculate the District’s Arbitrage Rebate Liability on the bond issuance(s).

Dissemination

The District is required by the Security and Exchange Commission to comply with Rule 15c2-12(b)(5) which relates to additional reporting requirements for unrated bond issues.

Trustee Fees

The District will incur trustee related costs with the issuance of its’ issued bonds.

Management Fees

The District receives Management, Accounting and Administrative services as part of a Management Agreement with Governmental Management Services-Central Florida, LLC. The services include but are not limited to, recording and transcription of board meetings, administrative services, budget preparation, all financial reports, annual audits, etc.

Information Technology

Represents costs related to the District’s information systems, which include but are not limited to video conferencing services, cloud storage services and servers, positive pay implementation and programming for fraud protection, accounting software, tablets for meetings, Adobe, Microsoft Office, etc.

Website Maintenance

Represents the costs associated with monitoring and maintaining the District’s website created in accordance with Chapter 189, Florida Statutes. These services include site performance assessments, security and firewall maintenance, updates, document uploads, hosting and domain renewals, website backups, etc.

Postage & Delivery

The District incurs charges for mailing of Board meeting agenda packages, overnight deliveries, correspondence, etc.

Insurance

The District’s general liability and public official’s liability insurance coverages.

Printing & Binding

Printing and Binding agenda packages for board meetings, printing of computerized checks, stationary, envelopes, etc.

Legal Advertising

The District is required to advertise various notices for monthly Board meetings, public hearings, etc. in a newspaper of general circulation.

Other Current Charges

Bank charges and any other miscellaneous expenses incurred during the year.

Office Supplies

Any supplies that may need to be purchased during the fiscal year, e.g., paper, minute books, file folders, labels, paper clips, etc.

Travel Per Diem

The Board of Supervisors can be reimbursed for travel expenditures related to the conducting of District business.

Dues, Licenses & Subscriptions

The District is required to pay an annual fee to the Florida Department of Economic Opportunity for
$175. This is the only expense under this category for the District.

Field Services:

Property Insurance

The District’s property insurance coverages.

Field Management

The District has contracted with Governmental Management Services – Central Florida, LLC to provide onsite field management of contracts for the District such as landscape maintenance. Services can include onsite inspections, meetings with contractors, monitoring of utility accounts, attend Board meetings and receive and respond to property owner phone calls and emails.

Landscape Maintenance

The District has a contract with Prince & Sons, Inc. to maintain the landscaping located within the District. These services include monthly landscape maintenance such as mowing of turf areas, pruning and trimming, plant bed weed control, fertilization and irrigation inspections.

Landscape Replacement

Represents the estimated cost of replacing landscaping within the common areas of the District.

Streetlights

Represents the cost to maintain street lights within the District Boundaries that are expected to be in place throughout the fiscal year.

Electric

Represents current and estimated electric charges of common areas throughout the District.

Water & Sewer

Represents current and estimated costs for water and refuse services provided for common areas throughout the District.

Sidewalk & Asphalt Maintenance

Represents the estimated costs of maintaining the sidewalks and asphalt throughout the District’s Boundary.

Irrigation Repairs

Represents the cost of maintaining and repairing the irrigation system. This includes the sprinklers, and irrigation wells.

General Repairs & Maintenance

Represents estimated costs for general repairs and maintenance of the District’s common areas.

Field Contingency

Represents funds allocated to expenses that the District could incur throughout the fiscal year.

Amenity Expenditures:

Amenity - Electric

Represents estimated electric charges for the District’s amenity facilities.

Amenity – Water

Represents estimated water charges for the District’s amenity facilities.

Internet

Internet service will be added for use at the Amenity Center.

Pest Control

The District will incur costs for pest control treatments to its amenity facilities.

Janitorial Services

Represents estimated costs to provide janitorial services and supplies for the District’s amenity facilities.

Security Services

Represents the estimated cost of contracting a monthly security service for the District’s amenity facilities.

Pool Maintenance

Represents estimated costs of regular cleaning and treatments of the District’s pool.

Amenity Repairs & Maintenance

Represents estimated costs for repairs and maintenance of the District’s amenity facilities.

Amenity Management

Provides access card issuance through registration, proof of residency, and photo identification. The team also provides keycard troubleshooting for issues and concerns related to access control. Staff reviews security concerns and amenity policy violations via remote camera monitoring on an as-needed basis. Districts are provided electronic communication for District news and direct remote customer service through phone and email directly to the Amenity Access Team.
Holiday Decorations

Holiday Decorations

Represents estimated costs for Holiday Decorations of the District

Contingency

Represents funds allocated to expenses that the District could incur throughout the fiscal year that do not fit into any amenity category.
Woodland Ranch Estates
Community Development District Adopted Budget
Debt Service Fund Series 2025

Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Adopted Budget	
Description	FY2025	6/30/25	3 Months	9/30/25	FY2026	

Revenues

Assessments - Direct	$	164,524	$	-	$	164,524	$	164,524	$	412,793					
Interest	$	8,559	$	6,420	$	2,140	$	8,559	$	-					
Carry Forward Surplus (1)	$	-	$	-	$	-	$	-	$	167,465					
Total Revenues	$	173,083	$	6,420	$	166,664	$	173,083	$	580,258					

Expenditures										
Interest - 11/1	$	-	$	-	$	-	$	-	$	164,524					
Principal - 5/1	$	-	$	-	$	-	$	-	$	85,000					
Interest - 5/1	$	79,520	$	79,520	$	-	$	79,520	$	164,524						
Total Expenditures	$	79,520	$	79,520	$	-	$	79,520	$	414,048						
Other Sources/(Uses)										
Bond Proceeds	$	492,314	$	492,314	$	-	$	492,314	$	-						
Transfer In/(Out)	$	-	$	(5,619)	$	-	$	(5,619)	$	-	
Total Other Sources/(Uses)	$	492,314	$	486,695	$	-	$	486,695	$	-						

(1) Carryforward Surplus is net of Debt Service Reserve Funds
Interest - 11/1  $
162,547.50

Single Family - Phase 1	308	$	369,594  $	1,199.98  $	1,290.30
Single Family - Phase 2	36	$	43,199  $	1,199.98  $	1,290.30

Woodland Ranch Estates Community Development District Series 2025 Special Assessment Bonds Amortization Schedule

Date		Balance		Prinicpal		Interest		Total	

05/01/25	

$	

5,925,000.00	

$	

-	

$	

79,519.81			
11/01/25	$	5,925,000.00	$	-	$	164,523.75	$	244,043.56	
05/01/26	$	5,925,000.00	$	85,000.00	$	164,523.75			
11/01/26	$	5,840,000.00	$	-	$	162,547.50	$	412,071.25	
05/01/27	$	5,840,000.00	$	85,000.00	$	162,547.50			
11/01/27	$	5,755,000.00	$	-	$	160,571.25	$	408,118.75	
05/01/28	$	5,755,000.00	$	90,000.00	$	160,571.25			
11/01/28	$	5,665,000.00	$	-	$	158,478.75	$	409,050.00	
05/01/29	$	5,665,000.00	$	95,000.00	$	158,478.75			
11/01/29	$	5,570,000.00	$	-	$	156,270.00	$	409,748.75	
05/01/30	$	5,570,000.00	$	100,000.00	$	156,270.00			
11/01/30	$	5,470,000.00	$	-	$	153,945.00	$	410,215.00	
05/01/31	$	5,470,000.00	$	105,000.00	$	153,945.00			
11/01/31	$	5,255,000.00	$	-	$	151,503.75	$	410,448.75	
05/01/32	$	5,255,000.00	$	110,000.00	$	151,503.75			
11/01/32	$	5,255,000.00	$	-	$	148,946.25	$	410,450.00	
05/01/33	$	5,255,000.00	$	115,000.00	$	148,946.25			
11/01/33	$	5,140,000.00	$	-	$	145,755.00	$	409,701.25	
05/01/34	$	5,140,000.00	$	120,000.00	$	145,755.00			
11/01/34	$	5,020,000.00	$	-	$	142,425.00	$	408,180.00	
05/01/35	$	5,020,000.00	$	130,000.00	$	142,425.00			
11/01/35	$	4,890,000.00	$	-	$	138,817.50	$	411,242.50	
05/01/36	$	4,890,000.00	$	135,000.00	$	138,817.50			
11/01/36	$	4,755,000.00	$	-	$	135,071.25	$	408,888.75	
05/01/37	$	4,755,000.00	$	145,000.00	$	135,071.25			
11/01/37	$	4,610,000.00	$	-	$	131,047.50	$	411,118.75	
05/01/38	$	4,610,000.00	$	155,000.00	$	131,047.50			
11/01/38	$	4,455,000.00	$	-	$	126,746.25	$	412,793.75	
05/01/39	$	4,455,000.00	$	160,000.00	$	126,746.25			
11/01/39	$	4,295,000.00	$	-	$	122,306.25	$	409,052.50	
05/01/40	$	4,295,000.00	$	170,000.00	$	122,306.25			
11/01/40	$	4,125,000.00	$	-	$	117,588.75	$	409,895.00	
05/01/41	$	4,125,000.00	$	180,000.00	$	117,588.75			
11/01/41	$	3,755,000.00	$	-	$	112,593.75	$	410,182.50	
05/01/42	$	3,120,000.00	$	190,000.00	$	112,593.75			
11/01/42	$	3,120,000.00	$	-	$	107,321.25	$	409,915.00	
05/01/43	$	3,120,000.00	$	200,000.00	$	107,321.25			
11/01/43	$	3,120,000.00	$	-	$	101,771.25	$	409,092.50	
05/01/44	$	3,120,000.00	$	210,000.00	$	101,771.25			
11/01/44	$	3,120,000.00	$	-	$	95,943.75	$	407,715.00	
05/01/45	$	3,120,000.00	$	225,000.00	$	95,943.75			
11/01/45	$	3,120,000.00	$	-	$	89,700.00	$	410,643.75	
05/01/46	$	3,120,000.00	$	240,000.00	$	89,700.00			
11/01/46	$	2,880,000.00	$	-	$	82,800.00	$	412,500.00	
05/01/47	$	2,880,000.00	$	250,000.00	$	82,800.00			
11/01/47	$	2,630,000.00	$	-	$	75,612.50	$	408,412.50	
05/01/48	$	2,630,000.00	$	265,000.00	$	75,612.50			
11/01/48	$	2,365,000.00	$	-	$	67,993.75	$	408,606.25	
05/01/49	$	2,365,000.00	$	285,000.00	$	67,993.75			
11/01/49	$	2,080,000.00	$	-	$	59,800.00	$	412,793.75	
05/01/50	$	2,080,000.00	$	300,000.00	$	59,800.00			
11/01/50	$	1,780,000.00	$	-	$	51,175.00	$	410,975.00	
05/01/51	$	1,780,000.00	$	315,000.00	$	51,175.00			
11/01/51	$	1,465,000.00	$	-	$	42,118.75	$	408,293.75	
05/01/52	$	1,465,000.00	$	335,000.00	$	42,118.75			
11/01/52	$	1,130,000.00	$	-	$	32,487.50	$	409,606.25	
05/01/53	$	1,130,000.00	$	355,000.00	$	32,487.50			
11/01/53	$	775,000.00	$	-	$	22,281.25	$	409,768.75	
05/01/54	$	775,000.00	$	375,000.00	$	22,281.25			
11/01/54	$	400,000.00	$	-	$	11,500.00	$	408,781.25	
05/01/55	$	400,000.00	$	400,000.00	$	11,500.00	$	411,500.00	
			$	5,925,000.00	$	6,618,804.81	$	12,543,804.81