Valencia Acres 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
VALENCIA ACRES COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2025/2026
OCTOBER 1, 2025 - SEPTEMBER 30, 2026

REVENUES	
FISCAL YEAR 2025/2026 BUDGET	
O & M Assessments	45,785	
Debt Assessments	116,569	
Interest Income	720	
		
TOTAL REVENUES	$	163,074	
		
EXPENDITURES		
Supervisor Fees	5,000	
Payroll Taxes (Employer)	383	
Engineering/Inspections	1,000	
Management	15,000	
Legal	7,000	
Assessment Roll	4,000	
Audit Fees	3,500	
Insurance	7,200	
Legal Advertisements	2,200	
Miscellaneous	350	
Postage	275	
Office Supplies	275	
Dues & Subscriptions	175	
Trustee Fees	2,550	
Continuing Disclosure Fee	350	
Website Management	1,750	
		
TOTAL EXPENDITURES	$	51,008	
		
REVENUES LESS EXPENDITURES	$	112,066	
		
Bond Payments	(109,575)	
		
Balance	$	2,491	
		
County Appraiser & Tax Collector Fee	(3,247)	
Discounts For Early Payments	(6,494)	
		
EXCESS/ (SHORTFALL)	$	(7,250)	
		
Carryover From Prior Year	7,250	
		
NET EXCESS/ (SHORTFALL)	$	-	

I

DETAILED PROPOSED BUDGET
VALENCIA ACRES 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	46,588	45,798	45,785	Expenditures Less Interest & Carryover/.94	
Debt Assessments	101,283	101,283	116,569	Bond Payments/.94	
Interest Income	5,916	480	720	Projected At $60 Per Month	
					
TOTAL REVENUES	$	153,787	$	147,561	$	163,074		
					
EXPENDITURES					
Supervisor Fees	5,400	4,000	5,000	Supervisor Fees	
Payroll Taxes (Employer)	413	305	383	Supervisor Fees *7.65%	
Engineering/Inspections	0	1,000	1,000	No Change From 2024/2025 Budget	
Management	15,000	15,000	15,000	No Change From 2024/2025 Budget	
Legal	6,433	7,000	7,000	No Change From 2024/2025 Budget	
Assessment Roll	4,000	4,000	4,000	No Change From 2024/2025 Budget	
Audit Fees	3,300	3,400	3,500	Accepted Amount For 2024/2025 Audit	
Insurance	6,594	7,100	7,200	Fiscal Year 2024/2025 Expenditure was $6,858	
Legal Advertisements	2,117	1,500	2,200	Costs Have Increased Due To Closing Of The Miami Business Review	
Miscellaneous	192	375	350	$25 Decrease From 2024/2025 Budget	
Postage	190	325	275	Mailing Needed In 2025 Due To Assessment Increase	
Office Supplies	85	300	275	$25 Decrease From 2024/2025 Budget	
Dues & Subscriptions	175	175	175	No Change From 2024/2025 Budget	
Trustee Fees	2,500	2,550	2,550	No Change From 2024/2025 Budget	
Continuing Disclosure Fee	350	350	350	No Change From 2024/2025 Budget	
Website Management	1,750	1,750	1,750	No Change From 2024/2025 Budget	
					
TOTAL EXPENDITURES	$	48,499	$	49,130	$	51,008		
					
REVENUES LESS EXPENDITURES	$	105,288	$	98,431	$	112,066		
					
Bond Payments	(96,612)	(95,206)	(109,575)	2026 P & I Payments Less Earned Interest	
					
Balance	$	8,676	$	3,225	$	2,491		
					
County Appraiser & Tax Collector Fee	(1,423)	(2,942)	(3,247)	Two Percent Of Total Assessment Roll	
Discounts For Early Payments	(5,365)	(5,883)	(6,494)	Four Percent Of Total Assessment Roll	
					
EXCESS/ (SHORTFALL)	$	1,888	$	(5,600)	$	(7,250)		
					
Carryover From Prior Year	0	5,600	7,250	Carryover Balance From Prior Years	
					
NET EXCESS/ (SHORTFALL)	$	1,888	$	-	$	-		

II

DETAILED PROPOSED DEBT SERVICE BUDGET
VALENCIA ACRES 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	
2,388	
300	
500	
Projected Interest For 2025/2026	

NAV Tax Collection	
96,612	
94,811	
109,575	
2026 P & I Payments Less Earned Interest	

Total Revenues	
$	99,000	
$	95,111	
$	110,075		

EXPENDITURES					

Principal Payments	
65,639	
67,968	
70,380	
Principal Payment Due In 2026	

Interest Payments	
30,821	
27,143	
32,456	
Interest Payments Due In 2026	

Bond Redemption	
0	
0	
7,239	
Estimated Excess Debt Collections	

Total Expenditures	
$	96,460	
$	95,111	
$	110,075		

Excess/ (Shortfall)	
$	2,540	
$	-	
$	-		

Series 2016 Bond Refunding Information

Original Par Amount =	$1,265,410	Annual Principal Payments Due =	May 1st	
Interest Rate =	3.5% - 5.8%	Annual Interest Payments Due =	May 1st & November 1st	
Issue Date = Maturity Date =	July 2016
May 2034			
Par Amount As Of 1/1/25 =	$799,149			

III

Valencia Acres Community Development District
Assessment Comparison

	2017 through 2025 Debt Service Assessment Before Discount*	2026 through 2034 Debt Service Assessment Before Discount*	Fiscal Year 2021/2022
Assessment Before Discount*	Fiscal Year 2022/2023
Assessment Before Discount*	Fiscal Year 2023/2024
Assessment
Before Discount*	Fiscal Year 2024/2025
Assessment
Before Discount*	Fiscal Year 2025/2026
Projected Assessment
Before Discount*	

O & M	$	-	$	-	$	318.45	$	318.45	$	318.45	$	318.05	$	317.96	
Debt	$	704.84	$	809.51	$	704.84	 $	704.84	 $	704.84	 $	704.84	 $	809.51	
Total	$	704.84	$	809.51	$	1,023.29	$	1,023.29	$	1,023.29	$	1,022.89	$	1,127.47	

* Assessments Include the Following :

4% Discount for Early Payments 1% County Tax Collector Fee
1% County Property Appraiser Fee

Community Information:
Total Units	144

IV