Century Park Place Community Development District

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

CONTENTS

I

PROPOSED BUDGET

DETAILED PROPOSED BUDGET

II

III

DETAILED PROPOSED DEBT SERVICE FUND BUDGET

IV

ASSESSMENT COMPARISON

PROPOSED BUDGET
CENTURY PARK PLACE COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2026/2027
OCTOBER 1, 2026 - SEPTEMBER 30, 2027

I

REVENUES

FISCAL YEAR 2026/2027 BUDGET

ADMINISTRATIVE ASSESSMENTS

58,188

MAINTENANCE ASSESSMENTS

25,266

DEBT ASSESSMENTS

123,590

INTEREST INCOME

1,320

TOTAL REVENUES

$	208,364

EXPENDITURES

MAINTENANCE/INFRASTRUCTURE IMPROVEMENTS

ENGINEERING/INSPECTIONS

3,000

MISCELLANEOUS MAINTENANCE

3,250

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

36,936

LEGAL

9,000

ASSESSMENT ROLL

6,750

AUDIT FEES

3,600

INSURANCE

8,000

LEGAL ADVERTISING

4,000

MISCELLANEOUS

675

POSTAGE

200

OFFICE SUPPLIES

325

MEETING VENUE RENTAL

800

DUES & SUBSCRIPTIONS

175

TRUSTEE FEES

4,200

CONTINUING DISCLOSURE FEE

350

TOTAL ADMINISTRATIVE EXPENDITURES

$	79,317

TOTAL EXPENDITURES

$	103,067

REVENUES LESS EXPENDITURES

$	105,297

BOND PAYMENTS

(116,175)

BALANCE

$	(10,878)

COUNTY APPRAISER & TAX COLLECTOR FEE

(4,140)

DISCOUNTS FOR EARLY PAYMENTS

(8,282)

EXCESS/ (SHORTFALL)

$	(23,300)

CARRYOVER FROM PRIOR YEAR

23,300

NET EXCESS/ (SHORTFALL)

$	-

DETAILED PROPOSED BUDGET
CENTURY PARK PLACE 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

ADMINISTRATIVE ASSESSMENTS

65,583

58,215

58,188

Expenditures Less Interest & Carryover/.94

MAINTENANCE ASSESSMENTS

18,368

25,266

25,266

Expenditures/.94

DEBT ASSESSMENTS

123,614

123,590

123,590

Bond Payments/.94

INTEREST INCOME

4,325

1,200

1,320

Interest Projected At $110 Per Month

TOTAL REVENUES

$	211,890

$	208,271

$	208,364

EXPENDITURES

MAINTENANCE/INFRASTRUCTURE IMPROVEMENTS

ENGINEERING/INSPECTIONS

3,730

2,500

3,000

$500 Increase From 2025/2026 Budget

MISCELLANEOUS MAINTENANCE

0

3,750

3,250

$500 Decrease From 2025/2026 Budget

STORM DRAINAGE/CLASS V PERMIT

0

3,500

3,500

No Change From 2025/2026 Budget

PAVEMENT REPLACEMENT RESERVE

0

8,000

8,000

Twenty Year Project (Sixth Year)

STORMWATER MANAGEMENT RESERVE

0

5,000

5,000

Five Year Project (Fourth Year)

INFRASTRUCTURE MAINTENANCE

0

1,000

1,000

No Change From 2025/2026 Budget

TOTAL MAINTENANCE/INFRASTRUCTURE IMPROVEMENTS

$	3,730

$	23,750

$	23,750

ADMINISTRATIVE EXPENDITURES

SUPERVISOR FEES

800

4,000

4,000

Supervisor Fees

PAYROLL TAXES

61

306

306

Supervisor Fees * 7.65%

MANAGEMENT

34,968

35,976

36,936

CPI Adjustment

LEGAL

10,160

9,000

9,000

No Change From 2025/2026 Budget

ASSESSMENT ROLL

6,750

6,750

6,750

As Per Contract

AUDIT FEES

3,600

3,600

3,600

Accepted Amount For 2026/2027 Audit

INSURANCE

6,858

7,400

8,000

Fiscal Year 2025/2026 Expenditure Was $7,423

LEGAL ADVERTISING

3,411

4,000

4,000

No Change From 2025/2026 Budget

MISCELLANEOUS

358

700

675

$25 Decrease From 2025/2026 Budget

POSTAGE

194

200

200

No Change From 2025/2026 Budget

OFFICE SUPPLIES

219

325

325

No Change From 2025/2026 Budget

MEETING VENUE RENTAL

160

1,000

800

$200 Decrease From 2025/2026 Budget

DUES & SUBSCRIPTIONS

175

175

175

No Change From 2025/2026 Budget

TRUSTEE FEES

4,187

4,200

4,200

No Change From 2025/2026 Budget

CONTINUING DISCLOSURE FEE

350

350

350

No Change From 2025/2026 Budget

TOTAL ADMINISTRATIVE EXPENDITURES

$	72,251

$	77,982

$	79,317

TOTAL EXPENDITURES

$	75,981

$	101,732

$	103,067

REVENUES LESS EXPENDITURES

$	135,909

$	106,539

$	105,297

BOND PAYMENTS

(117,926)

(116,175)

(116,175)

2027 P & I Payments Less Earned Interest

BALANCE

$	17,983

$	(9,636)

$	(10,878)

COUNTY APPRAISER & TAX COLLECTOR FEE

(1,998)

(4,141)

(4,140)

Two Percent Of Total Assessment Roll

DISCOUNTS FOR EARLY PAYMENTS

(7,535)

(8,283)

(8,282)

Four Percent Of Total Assessment Roll

EXCESS/ (SHORTFALL)

$	8,450

$	(22,060)

$	(23,300)

CARRYOVER FROM PRIOR YEAR

0

22,060

23,300

Carryover From Prior Year

NET EXCESS/ (SHORTFALL)

$	8,450

$	-

$	-

DETAILED PROPOSED DEBT SERVICE FUND BUDGET
CENTURY PARK PLACE COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2026/2027
OCTOBER 1, 2026 - SEPTEMBER 30, 2027

Series 2017 Bond Information

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

$1,785,000 3.50% - 5.00%
July 2017
November 2047

Annual Principal Payments Due =
Annual Interest Payments Due =

November 1st
May 1st & November 1st

Par Amount As Of 1/1/2026 =

$1,515,000

III

REVENUES

FISCAL YEAR 2024/2025 ACTUAL

FISCAL YEAR 2025/2026 BUDGET

FISCAL YEAR 2026/2027 BUDGET

COMMENTS

Interest Income

7,279

700

1,200

Projected Interest For 2026/2027

NAV Tax Collection

117,926

116,175

116,175

Maximum Debt Service Collection

Total Revenues

$	125,205

$	116,875

$	117,375

EXPENDITURES

Principal Payments

35,000

40,000

40,000

Principal Payments Due In 2027

Interest Payments

75,819

73,375

71,675

Interest Payments Due In 2027

Bond Redemption

0

3,500

5,700

Estimated Excess Debt Collections

Total Expenditures

$	110,819

$	116,875

$	117,375

Excess/ (Shortfall)

$	14,386

$	-

$	-

Century Park Place Community Development District Assessment Comparison

Fiscal Year 2022/2023
	Assessment*	

Fiscal Year 2023/2024
	Assessment*	

Fiscal Year 2024/2025
	Assessment*	

Fiscal Year 2025/2026
	Assessment*	

Fiscal Year 2026/2027
  Projected Assessment* 

Administrative
Maintenance Debt 
Total

$
$

554.43
83.33

$
$

497.46
140.21

$
$

497.24
140.21

$
$

444.40
192.88

$
$

444.20
192.88

 $	943.62

 $	943.62

 $	943.62

 $	943.62

 $	943.62

$

1,581.38

$

1,581.29

$

1,581.07

$

1,580.90

$

1,580.70

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

 Community Information:	

Total Units

131

IV

1/23/2026 8:22 AM