Corkscrew Crossing 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

IV

ASSESSMENT COMPARISON

FINAL BUDGET
CORKSCREW CROSSING COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2026/2027
OCTOBER 1, 2026 - SEPTEMBER 30, 2027

I

REVENUES

FISCAL YEAR 2026/2027 BUDGET

O&M (Operation & Maintenance) Assessments

207,624

Debt Assessments

876,986

Other Revenue

0

Interest Income

1,500

TOTAL REVENUES

$	1,086,110

EXPENDITURES

Administrative Expenditures

Supervisor Fees

4,000

Payroll Taxes (Employeer)

320

Management

39,168

Legal

19,000

Assessment Roll

5,000

Audit Fees

4,600

Arbitrage Rebate Fee

500

Insurance

6,600

Legal Advertisements

2,500

Miscellaneous

1,100

Postage

200

Office Supplies

700

Dues & Subscriptions

175

Website Management & ADA Compliance

3,000

Trustee Fees

4,300

Continuing Disclosure Fee

1,000

O&M Reserve

20,000

Total Administrative Expenditures

$	112,163

Maintenance Expenditures

Engineering/Inspections

6,000

Miscellaneous Maintenance

1,000

Preserve Maintenance

44,000

Lake Littoral Maintenance

6,800

Lake Maintenance

21,500

Lake Native Grass Maintenance

11,600

Total Maintenance Expenditures

$	90,900

Total O&M Expenditures

$	203,063

REVENUES LESS EXPENDITURES

$	883,047

Bond Payments

(833,137)

BALANCE

$	49,910

County Appraiser & Tax Collector Fee

(10,846)

Discounts For Early Payments

(43,384)

EXCESS/ (SHORTFALL)

$	(4,320)

CARRYOVER FROM PRIOR YEAR

4,320

NET EXCESS/ (SHORTFALL)

$	-

DETAILED FINAL BUDGET
CORKSCREW CROSSING 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 (Operation & Maintenance) Assessments

240,973

209,498

207,624

Expenditures Less Interest & Carryover/.95

Debt Assessments

876,989

876,986

876,986

Bond Payments/.95

Other Revenue

0

0

0

Interest Income

10,854

1,200

1,500

Interest Projected At $125 Per Month

TOTAL REVENUES

$	1,128,816

$	1,087,684

$	1,086,110

EXPENDITURES

Administrative Expenditures

Supervisor Fees

0

0

4,000

Supervisor Fees

Payroll Taxes (Employeer)

0

0

320

Projected At 8% Of Supervisor Fees

Management

37,080

38,148

39,168

CPI Adjustment

Legal

3,409

21,000

19,000

$2,000 Decrease From 2025/2026 Budget

Assessment Roll

5,000

5,000

5,000

As Per Contract

Audit Fees

4,400

4,500

4,600

Accepted Amount For 2025/2026 Audit

Arbitrage Rebate Fee

500

500

500

No Change From 2025/2026 Budget

Insurance

5,590

6,800

6,600

FY 2025/2026 Expenditure Was $5,925

Legal Advertisements

2,003

2,600

2,500

$100 Decrease From 2025/2026 Budget

Miscellaneous

115

1,200

1,100

$100 Decrease From 2025/2026 Budget

Postage

130

200

200

No Change From 2025/2026 Budget

Office Supplies

249

900

700

$200 Decrease From 2025/2026 Budget

Dues & Subscriptions

175

175

175

Annual Fee Due Department Of Economic Opportunity

Website Management & ADA Compliance

3,000

3,000

3,000

$250 X 12 Months

Trustee Fees

4,246

4,300

4,300

No Change From 2025/2026 Budget

Continuing Disclosure Fee

1,000

1,000

1,000

No Change From 2025/2026 Budget

O&M Reserve

0

20,000

20,000

O&M Reserve

Total Administrative Expenditures

$	66,897

$	109,323

$	112,163

Maintenance Expenditures

Engineering/Inspections

2,806

6,000

6,000

No Change From 2025/2026 Budget

Miscellaneous Maintenance

0

1,000

1,000

No Change From 2025/2026 Budget

Preserve Maintenance

69,000

44,000

44,000

Contracted Amount For 2025/2026

Lake Littoral Maintenance

5,040

6,800

6,800

No Change From 2025/2026 Budget

Lake Maintenance

10,637

21,500

21,500

No Change From 2025/2026 Budget

Lake Native Grass Maintenance

8,802

11,600

11,600

No Change From 2025/2026 Budget

Total Maintenance Expenditures

$	96,285

$	90,900

$	90,900

Total O&M Expenditures

$	163,182

$	200,223

$	203,063

REVENUES LESS EXPENDITURES

$	965,634

$	887,461

$	883,047

Bond Payments

(843,236)

(833,137)

(833,137)

2027 P & I Payments

BALANCE

$	122,398

$	54,324

$	49,910

County Appraiser & Tax Collector Fee

(1,350)

(10,865)

(10,846)

One Percent Of Total Assessment Roll

Discounts For Early Payments

(41,342)

(43,459)

(43,384)

Four Percent Of Total Assessment Roll

EXCESS/ (SHORTFALL)

$	79,706

$	-

$	(4,320)

CARRYOVER FROM PRIOR YEAR

0

0

4,320

Carryover From Prior Year

NET EXCESS/ (SHORTFALL)

$	79,706

$	-

$	-

DETAILED FINAL DEBT SERVICE FUND BUDGET
CORKSCREW CROSSING COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2026/2027
OCTOBER 1, 2026 - SEPTEMBER 30, 2027

Series 2023 Bond Information

Original Par Amount =

$12,670,000

Annual Principal Payments Due =

May 1st

Interest Rate =

4.125% - 5.3%

Annual Interest Payments Due =

May 1st & November 1st

Issue Date =

February 2023

Maturity Date =

May 2053

Par Amount As Of 1/1/26 =

$12,270,000

III

REVENUES

FISCAL YEAR 2024/2025 ACTUAL

FISCAL YEAR 2025/2026 BUDGET

FISCAL YEAR 2026/2027 BUDGET

COMMENTS

Interest Income

36,744

1,500

2,500

Projected Interest For 2026/2027

NAV Tax Collection

843,236

833,137

833,137

Maximum Debt Service Collection

Bond Proceeds

0

0

0

Total Revenues

$	879,980

$	834,637

$	835,637

EXPENDITURES

Principal Payments

205,000

215,000

225,000

Principal Payment Due In 2027

Interest Payments

630,034

617,143

608,068

Interest Payment Due In 2027

Bond Redemption

0

2,494

2,569

Estimated Excess Debt Collections

Total Expenditures

$	835,034

$	834,637

$	835,637

Excess/ (Shortfall)

$	44,946

$	-

$	-

Corkscrew Crossing 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 50' Single Family Units
Debt Assessment For 50' Single Family Units

$

429.66

$

378.16

$

374.78

 $	1,583.01

 $	1,583.01

 $	1,583.01

Total For 50' Single Family Units

$

2,012.67

$

1,961.17

$

1,957.79

* Assessments Include the Following :

4% Discount for Early Payments 0.5% County Tax Collector Fee 0.5% County Property Appraiser Fee

Community Information:

50' Single Family Units

554

IV