Corkscrew Crossing Community Development District

Amended Final Budget For Fiscal Year 2024/2025
October 1, 2024 - September 30, 2025

CONTENTS

I

AMENDED FINAL OPERATING FUND BUDGET

II

AMENDED FINAL DEBT SERVICE FUND BUDGET

AMENDED FINAL BUDGET
CORKSCREW CROSSING COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2024/2025
OCTOBER 1, 2024 - SEPTEMBER 30, 2025

9/26/2025 3:46 PM

$86,954

$41,758

$128,712

Fund Balance As Of 9/30/2024

Projected FY 2024/2025 Activity

Fund Balance As Of 9/30/2025

REVENUES

FISCAL YEAR 2024/2025 BUDGET 10/1/24 - 9/30/25

AMENDED FINAL BUDGET
10/1/24 - 9/30/25

YEAR TO DATE ACTUAL
10/1/24 - 9/29/25

O&M (Operations & Maintenance) Assessments

238,026

238,876

238,876

Debt Assessments

876,986

876,989

876,989

Other Revenue

0

0

0

Interest Income

480

9,800

9,687

Total Revenues

$	1,115,492

$	1,125,665

$	1,125,552

EXPENDITURES

Administrative Expenditures

Supervisor Fees

0

0

0

Management

37,080

37,080

37,080

Legal

29,000

10,000

3,370

Assessment Roll

5,000

5,000

5,000

Audit Fees

4,400

4,400

4,400

Arbitrage Rebate Fee

650

650

0

Insurance

6,000

5,590

5,590

Legal Advertisements

2,750

2,300

1,765

Miscellaneous

1,350

300

115

Postage

200

140

130

Office Supplies

1,400

275

249

Dues & Subscriptions

175

175

175

Website Management & ADA Compliance

3,000

3,000

3,000

Trustee Fees

4,100

4,246

4,246

Continuing Disclosure Fee

1,000

1,000

1,000

Total Administrative Expenditures

96,105

74,156

66,120

Maintenance Expenditures

Engineering/Inspections

6,000

5,000

2,806

Miscellaneous Maintenance

1,000

500

0

Preserve Maintenance

91,000

91,000

69,000

Lake Maintenance

14,100

11,700

10,637

Lake Littoral Maintenance

6,800

5,600

5,040

Lake Native Grass Maintenance

11,600

9,800

8,802

Total Maintenance Expenditures

130,500

123,600

96,285

Total Expenditures

$	226,605

$	197,756

$	162,405

REVENUES LESS EXPENDITURES

$	888,887

$	927,909

$	963,147

Bond Payments

(833,137)

(843,236)

(843,236)

BALANCE

$	55,750

$	84,673

$	119,911

County Appraiser & Tax Collector Fee

(11,150)

(1,573)

(1,573)

Discounts For Early Payments

(44,600)

(41,342)

(41,342)

EXCESS/ (SHORTFALL)

$	-

$	41,758

$	76,996

Carryover From Prior Year

0

0

0

NET EXCESS/ (SHORTFALL)

$	-

$	41,758

$	76,996

AMENDED FINAL BUDGET
CORKSCREW CROSSING COMMUNITY DEVELOPMENT DISTRICT DEBT SERVICE FUND - SERIES 2022
FISCAL YEAR 2024/2025 OCTOBER 1, 2024 - SEPTEMBER 30, 2025

Notes
Reserve Fund Balance = $416,569*. Revenue Account Balance = $442,771*.
Revenue Account Balance To Be Used To Make 11/1/2025 Interest Payment Of $310,789.
* Approximate Amounts

Series 2024 Bond Information

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

$12,670,000 4.125% - 5.30%
Feb 2024
May 2053

Annual Principal Payments Due: May 1st
Annual Interest Payments Due:
November 1st

Par Amount As Of 9/30/25 =

$12,270,000

II

9/26/2025 3:46 PM

$817,338

$42,002

$859,340

FUND BALANCE AS OF 9/30/24

FY 2024/2025 ACTIVITY

FUND BALANCE AS OF 9/30/25

REVENUES

FISCAL YEAR 2024/2025 BUDGET 10/1/24 - 9/30/25

AMENDED FINAL BUDGET
10/1/24 - 9/30/25

YEAR TO DATE ACTUAL
10/1/24 - 9/29/25

Interest Income

500

33,800

33,663

NAV Assessment Collection

833,137

843,236

843,236

Transfer from Construction Fund

0

0

0

Total Revenues

$	833,637

$	877,036

$	876,899

EXPENDITURES

Principal Payments

205,000

205,000

205,000

Interest Payments

625,806

630,034

630,034

Bond Redemption

2,831

0

0

Total Expenditures

$	833,637

$	835,034

$	835,034

Excess/ (Shortfall)

$	-

$	42,002

$	41,865