Century Park Place Community Development District

Final Budget For Fiscal Year 2025/2026
October 1, 2025 - September 30, 2026

CONTENTS

FINAL BUDGET

DETAILED FINAL BUDGET

DETAILED FINAL DEBT SERVICE FUND BUDGET

ASSESSMENT COMPARISON

FINAL BUDGET
CENTURY PARK PLACE COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2025/2026
OCTOBER 1, 2025 - SEPTEMBER 30, 2026

REVENUES	
FISCAL YEAR 2025/2026 BUDGET	
ADMINISTRATIVE ASSESSMENTS	58,215	
MAINTENANCE ASSESSMENTS	25,266	
DEBT ASSESSMENTS	123,590	
INTEREST INCOME	1,200	
		
TOTAL REVENUES	$	208,271	
		
EXPENDITURES		
MAINTENANCE/INFRASTRUCTURE IMPROVEMENTS		
ENGINEERING/INSPECTIONS	2,500	
MISCELLANEOUS MAINTENANCE	3,750	
STORM DRAINAGE/CLASS V PERMIT	3,500	
PAVEMENT REPLACEMENT RESERVE	8,000	
STORMWATER MANAGEMENT RESERVE	5,000	
INFRASTRUCTURE MAINTENANCE	1,000	
TOTAL MAINTENANCE/INFRASTRUCTURE IMPROVEMENTS	$	23,750	
		
ADMINISTRATIVE EXPENDITURES		
SUPERVISOR FEES	4,000	
PAYROLL TAXES	306	
MANAGEMENT	35,976	
LEGAL	9,000	
ASSESSMENT ROLL	6,750	
AUDIT FEES	3,600	
INSURANCE	7,400	
LEGAL ADVERTISING	4,000	
MISCELLANEOUS	700	
POSTAGE	200	
OFFICE SUPPLIES	325	
MEETING VENUE RENTAL	1,000	
DUES & SUBSCRIPTIONS	175	
TRUSTEE FEES	4,200	
CONTINUING DISCLOSURE FEE	350	
TOTAL ADMINISTRATIVE EXPENDITURES	$	77,982	
		
TOTAL EXPENDITURES	$	101,732	
		
REVENUES LESS EXPENDITURES	$	106,539	
		
BOND PAYMENTS	(116,175)	
		
BALANCE	$	(9,636)	
		
COUNTY APPRAISER & TAX COLLECTOR FEE	(4,141)	
DISCOUNTS FOR EARLY PAYMENTS	(8,283)	
		
EXCESS/ (SHORTFALL)	$	(22,060)	
		
CARRYOVER FROM PRIOR YEAR	22,060	
		
NET EXCESS/ (SHORTFALL)	$	-	

DETAILED FINAL BUDGET
CENTURY PARK PLACE COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2025/2026
OCTOBER 1, 2025 - SEPTEMBER 30, 2026

REVENUES	
FISCAL YEAR 2023/2024 ACTUAL	
FISCAL YEAR 2024/2025 BUDGET	
FISCAL YEAR 2025/2026 BUDGET	

COMMENTS	
ADMINISTRATIVE ASSESSMENTS	65,863	65,137	58,215	Expenditures Less Interest & Carryover/.94	
MAINTENANCE ASSESSMENTS	18,367	18,367	25,266	Expenditures/.94	
DEBT ASSESSMENTS	123,590	123,590	123,590	Bond Payments/.94	
INTEREST INCOME	5,213	720	1,200	Interest Projected At $100 Per Month	
					
TOTAL REVENUES	$	213,033	$	207,814	$	208,271		
					
EXPENDITURES					
MAINTENANCE/INFRASTRUCTURE IMPROVEMENTS					
ENGINEERING/INSPECTIONS	1,209	2,000	2,500	$500 Increase From 2024/2025 Budget (New Requirements)	
MISCELLANEOUS MAINTENANCE	0	3,750	3,750	No Change From 2024/2025 Budget	
STORM DRAINAGE/CLASS V PERMIT	0	0	3,500	New Requirement In Miami-Dade County	
PAVEMENT REPLACEMENT RESERVE	0	7,050	8,000	Twenty Year Project (Fifth Year)	
STORMWATER MANAGEMENT RESERVE	0	3,800	5,000	Five Year Project (Third Year)	
INFRASTRUCTURE MAINTENANCE	0	665	1,000	$335 Increase From 2024/2025 Budget	
TOTAL MAINTENANCE/INFRASTRUCTURE IMPROVEMENTS	$	1,209	$	17,265	$	23,750		
					
ADMINISTRATIVE EXPENDITURES					
SUPERVISOR FEES	1,200	4,000	4,000	Supervisor Fees	
PAYROLL TAXES	92	306	306	Supervisor Fees * 7.65%	
MANAGEMENT	33,960	34,968	35,976	CPI Adjustment	
LEGAL	9,795	9,000	9,000	No Change From 2024/2025 Budget	
ASSESSMENT ROLL	6,750	6,750	6,750	As Per Contract	
AUDIT FEES	3,500	3,600	3,600	Accepted Amount For 2024/2025 Budget	
INSURANCE	6,594	7,200	7,400	Fiscal Year 2024/2025 Expenditure Was $6,858	
LEGAL ADVERTISING	6,334	1,750	4,000	Costs Have Increased Due To Closing Of The Miami Business Review	
MISCELLANEOUS	349	725	700	$25 Decrease From 2024/2025 Budget	
POSTAGE	262	200	200	No Change From 2024/2025 Budget	
OFFICE SUPPLIES	209	325	325	No Change From 2024/2025 Budget	
MEETING VENUE RENTAL	480	1,000	1,000	No Change From 2024/2025 Budget	
DUES & SUBSCRIPTIONS	175	175	175	No Change From 2024/2025 Budget	
TRUSTEE FEES	4,187	4,200	4,200	No Change From 2024/2025 Budget	
CONTINUING DISCLOSURE FEE	350	350	350	No Change From 2024/2025 Budget	
TOTAL ADMINISTRATIVE EXPENDITURES	$	74,237	$	74,549	$	77,982		
					
TOTAL EXPENDITURES	$	75,446	$	91,814	$	101,732		
					
REVENUES LESS EXPENDITURES	$	137,587	$	116,000	$	106,539		
					
BOND PAYMENTS	(117,961)	(116,175)	(116,175)	2026 P & I Payments Less Earned Interest	
					
BALANCE	$	19,626	$	(175)	$	(9,636)		
					
COUNTY APPRAISER & TAX COLLECTOR FEE	(2,001)	(4,141)	(4,141)	Two Percent Of Total Assessment Roll	
DISCOUNTS FOR EARLY PAYMENTS	(7,437)	(8,284)	(8,283)	Four Percent Of Total Assessment Roll	
					
EXCESS/ (SHORTFALL)	$	10,188	$	(12,600)	$	(22,060)		
					
CARRYOVER FROM PRIOR YEAR	0	12,600	22,060	Carryover From Prior Year	
					
NET EXCESS/ (SHORTFALL)	$	10,188	$	-	$	-		

DETAILED FINAL DEBT SERVICE FUND BUDGET
CENTURY PARK PLACE COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2025/2026
OCTOBER 1, 2025 - SEPTEMBER 30, 2026

REVENUES	FISCAL YEAR 2023/2024 ACTUAL	FISCAL YEAR 2024/2025 BUDGET	FISCAL YEAR 2025/2026 BUDGET	

COMMENTS	

Interest Income	
8,029	
600	
700	
Projected Interest For 2025/2026	

NAV Tax Collection	
117,961	
116,175	
116,175	
Maximum Debt Service Collection	

Total Revenues	
$	125,990	
$	116,775	
$	116,875		

EXPENDITURES					

Principal Payments	
35,000	
40,000	
40,000	
Principal Payments Due In 2026	

Interest Payments	
77,306	
75,075	
73,375	
Interest Payments Due In 2026	

Bond Redemption	
0	
1,700	
3,500	
Estimated Excess Debt Collections	

Total Expenditures	
$	112,306	
$	116,775	
$	116,875		

Excess/ (Shortfall)	
$	13,684	
$	-	
$	-		

Series 2017 Bond Information

Original Par Amount =	$1,785,000	Annual Principal Payments Due =	November 1st	
Interest Rate =	3.50% - 5.00%	Annual Interest Payments Due =	May 1st & November 1st	
Issue Date =	July 2017			
Maturity Date =

Par Amount As Of 1/1/2025 =	November 2047

$1,555,000			

Century Park Place Community Development District Assessment Comparison

Fiscal Year	Fiscal Year	Fiscal Year	Fiscal Year	Fiscal Year	
2021/2022	2022/2023	2023/2024	2024/2025	2025/2026	
	Assessment*			Assessment*			Assessment*			Assessment*		  Projected Assessment* 	

Administrative	
$	548.06	
$	554.43	
$	497.46	
$	497.24	
$	
444.40	
Maintenance	$	89.83	$	83.33	$	140.21	$	140.21	$	192.88	
Debt	 $	943.62	$	943.62	$	943.62	$	943.62	 $	943.62	
Total	$	1,581.51	$	1,581.38	$	1,581.29	$	1,581.07	$	1,580.90	

* Assessments Include the Following :	 4% Discount for Early Payments
1% County Tax Collector Fee
1% County Property Appraiser Fee
 Community Information:	       Total Units131

6/13/2025 4:38 PM	IV