Wyndam Park Community Development District

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

CONTENTS

PROPOSED BUDGET

DETAILED PROPOSED BUDGET

DETAILED PROPOSED DEBT SERVICE FUND BUDGET

ASSESSMENT COMPARISON

PROPOSED BUDGET
WYNDAM PARK COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2025/2026
OCTOBER 1, 2025 - SEPTEMBER 30, 2026

REVENUES	
FISCAL YEAR 2025/2026 BUDGET	
O & M Assessments	72,491	
Debt Assessments	179,847	
Other Revenues	0	
Interest Income	960	
		
TOTAL REVENUES	$	253,298	
		
EXPENDITURES		
Supervisor Fees	6,000	
Payroll Taxes (Employer)	480	
Engineering/Inspections	2,000	
Management	29,652	
Legal	8,000	
Assessment Roll	6,000	
Audit Fees	3,600	
Insurance	7,300	
Legal Advertisements	1,350	
Miscellaneous	600	
Postage	100	
Office Supplies	350	
Dues & Subscriptions	175	
Trustee Fee	3,700	
Continuing Disclosure Fee	350	
Website Management	200	
Reserve	0	
		
TOTAL EXPENDITURES	$	69,857	
		
REVENUES LESS EXPENDITURES	$	183,441	
		
Bond Payments	(169,056)	
		
BALANCE	$	14,385	
		
County Appraiser & Tax Collector Fee	(5,047)	
Discounts For Early Payments	(10,094)	
		
EXCESS/ (SHORTFALL)	$	(756)	
		
Carryover From Prior Year	756	
		
NET EXCESS/ (SHORTFALL)	$	-	

DETAILED PROPOSED BUDGET
WYNDAM PARK 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	
O & M Assessments	73,219	72,491	72,491	Expenditures Less Interest & Carryover/.94	
Debt Assessments	179,417	179,847	179,847	Bond Payments/.94	
Other Revenues	0	0	0		
Interest Income	9,559	600	960	Interest Projected At $80 Per Month	
					
TOTAL REVENUES	$	262,195	$	252,938	$	253,298		
					
EXPENDITURES					
Supervisor Fees	4,800	6,000	6,000	No Change From 2024/2025 Budget	
Payroll Taxes (Employer)	367	480	480	Projected At 8% Of Supervisor Fees	
Engineering/Inspections	2,023	2,000	2,000	No Change From 2024/2025 Budget	
Management	27,996	28,824	29,652	CPI Adjustment	
Legal	7,620	8,000	8,000	No Change From 2024/2025 Budget	
Assessment Roll	6,000	6,000	6,000	As Per Contract	
Audit Fees	3,400	3,500	3,600	Accepted Amount For 2024/2025 Audit	
Insurance	6,594	7,000	7,300	FY 2024/2025 Expenditure Was $6,858	
Legal Advertisements	835	1,375	1,350	$25 Decrease From 2024/2025 Budget	
Miscellaneous	424	612	600	$12 Decrease From 2024/2025 Budget	
Postage	63	100	100	No Change From 2024/2025 Budget	
Office Supplies	440	325	350	$25 Increase From 2024/2025 Budget	
Dues & Subscriptions	175	175	175	No Change From 2024/2025 Budget	
Trustee Fee	3,548	3,800	3,700	$100 Decrease From 2024/2025 Budget	
Continuing Disclosure Fee	350	350	350	No Change From 2024/2025 Budget	
Website Management	200	200	200	No Change From 2024/2025 Budget	
Reserve	650	0	0	Reserve	
					
TOTAL EXPENDITURES	$	65,485	$	68,741	$	69,857		
					
REVENUES LESS EXPENDITURES	$	196,710	$	184,197	$	183,441		
					
Bond Payments	(170,871)	(169,056)	(169,056)	2026 P & I Payments Less Earned Interest	
					
BALANCE	$	25,839	$	15,141	$	14,385		
					
County Appraiser & Tax Collector Fee	(1,480)	(5,047)	(5,047)	Two Percent Of Total Assessment Roll	
Discounts For Early Payments	(9,606)	(10,094)	(10,094)	Four Percent Of Total Assessment Roll	
					
EXCESS/ (SHORTFALL)	$	14,753	$	-	$	(756)		
					
Carryover From Prior Year	0	0	756	Carryover Balance From Prior Years	
					
NET EXCESS/ (SHORTFALL)	$	14,753	$	-	$	-		

DETAILED FINAL DEBT SERVICE FUND BUDGET WYNDAM PARK 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	
9,761	
600	
1,120	
Projected Interest For FY 2025/2026	

NAV Tax Collection	
170,871	
169,056	
169,056	
2026 P & I Payments Less Earned Interest	

Total Revenues	
$	180,632	
$	169,656	
$	170,176		

EXPENDITURES					

Principal Payments	
110,000	
115,000	
120,000	
Principal Payment Due In 2026	

Interest Payments	
60,800	
54,656	
50,176	
Interest Payments Due In 2026	

Total Expenditures	
$	170,800	
$	169,656	
$	170,176		

Excess/ (Shortfall)	
$	9,832	
$	-	
$	-		

Series 2013 Bond Refunding Information

Original Par Amount =	$2,455,000	Annual Principal Payments Due =	May 1st	
Interest Rate =	1.25% - 4.125%	Annual Interest Payments Due =	May 1st & November 1st	
Issue Date =	April 2013			
Maturity Date =

Par Amount As Of 1/1/25 =	May 2034

$1,395,000			

Wyndam Park Community Development District Assessment Comparison

Original	Fiscal Year	Fiscal Year	Fiscal Year	Fiscal Year	
Projected	2022/2023	2023/2024	2024/2025	2025/2026	
	Assessment		  Assessment 	  Assessment 	  Assessment 		Projected Assessment		

O & M	
$	171.58	
$	217.04	
$	213.99	
$	212.59	
$	
212.59	
Debt	$	659.90	$	522.96	$	526.01	$	527.41	$	527.41	
Total	$	831.48	$	740.00	$	740.00	$	740.00	$	740.00	

Adjusted for 1% County Tax Collector Fee, a 1% County Property Appraiser Fee and a 4% discount for early payment of taxes.

Notes: There are 341 units in the Wyndam Park Community Development District.

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