Valencia Acres 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
VALENCIA ACRES COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2026/2027
OCTOBER 1, 2026 - SEPTEMBER 30, 2027

I

REVENUES

FISCAL YEAR 2026/2027 BUDGET

O & M Assessments

45,753

Debt Assessments

116,569

Interest Income

900

TOTAL REVENUES

$	163,222

EXPENDITURES

Supervisor Fees

5,000

Payroll Taxes (Employer)

383

Engineering/Inspections

1,000

Management

15,000

Legal

7,750

Assessment Roll

4,000

Audit Fees

3,600

Insurance

8,200

Legal Advertisements

2,125

Miscellaneous

325

Postage

275

Office Supplies

250

Dues & Subscriptions

175

Trustee Fees

2,500

Continuing Disclosure Fee

350

Website Management

1,750

TOTAL EXPENDITURES

$	52,683

REVENUES LESS EXPENDITURES

$	110,539

Bond Payments

(109,575)

Balance

$	964

County Appraiser & Tax Collector Fee

(3,246)

Discounts For Early Payments

(6,493)

EXCESS/ (SHORTFALL)

$	(8,775)

Carryover From Prior Year

8,775

NET EXCESS/ (SHORTFALL)

$	-

DETAILED FINAL BUDGET
VALENCIA ACRES 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 Assessments

46,092

45,785

45,753

Expenditures Less Interest & Carryover/.94

Debt Assessments

101,497

116,569

116,569

Bond Payments/.94

Interest Income

4,336

720

900

Projected At $75 Per Month

TOTAL REVENUES

$	151,925

$	163,074

$	163,222

EXPENDITURES

Supervisor Fees

2,800

5,000

5,000

Supervisor Fees

Payroll Taxes (Employer)

214

383

383

Supervisor Fees *7.65%

Engineering/Inspections

0

1,000

1,000

No Change From 2025/2026 Budget

Management

15,000

15,000

15,000

No Change From 2025/2026 Budget

Legal

7,520

7,000

7,750

$750 Increase From 2025/2026 Budget

Assessment Roll

4,000

4,000

4,000

No Change From 2025/2026 Budget

Audit Fees

3,400

3,500

3,600

Accepted Amount For 2025/2026 Audit

Insurance

6,858

7,200

8,200

Fiscal Year 2024/2025 Expenditure was $7,769

Legal Advertisements

1,988

2,200

2,125

$75 Decrease From 2025/2026 Budget

Miscellaneous

276

350

325

$25 Decrease From 2025/2026 Budget

Postage

331

275

275

No Change From 2025/2026 Budget

Office Supplies

22

275

250

$25 Decrease From 2025/2026 Budget

Dues & Subscriptions

175

175

175

No Change From 2025/2026 Budget

Trustee Fees

2,500

2,550

2,500

$50 Decrease From 2025/2026 Budget

Continuing Disclosure Fee

350

350

350

No Change From 2025/2026 Budget

Website Management

1,750

1,750

1,750

No Change From 2025/2026 Budget

TOTAL EXPENDITURES

$	47,184

$	51,008

$	52,683

REVENUES LESS EXPENDITURES

$	104,741

$	112,066

$	110,539

Bond Payments

(96,827)

(109,575)

(109,575)

2027 P & I Payments Less Earned Interest

Balance

$	7,914

$	2,491

$	964

County Appraiser & Tax Collector Fee

(1,420)

(3,247)

(3,246)

Two Percent Of Total Assessment Roll

Discounts For Early Payments

(5,358)

(6,494)

(6,493)

Four Percent Of Total Assessment Roll

EXCESS/ (SHORTFALL)

$	1,136

$	(7,250)

$	(8,775)

Carryover From Prior Year

0

7,250

8,775

Carryover Balance From Prior Years

NET EXCESS/ (SHORTFALL)

$	1,136

$	-

$	-

DETAILED FINAL DEBT SERVICE BUDGET
VALENCIA ACRES COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2026/2027
OCTOBER 1, 2026 - SEPTEMBER 30, 2027

Series 2016 Bond Refunding Information

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

$1,265,410 3.5% - 5.8%
July 2016
May 2034

Annual Principal Payments Due =
Annual Interest Payments Due =

May 1st
May 1st & November 1st

Par Amount As Of 1/1/26 =

$731,182

III

REVENUES

FISCAL YEAR 2024/2025 ACTUAL

FISCAL YEAR 2025/2026 BUDGET

FISCAL YEAR 2026/2027 BUDGET

COMMENTS

Interest Income

1,804

500

600

Projected Interest For 2026/2027

NAV Tax Collection

96,827

109,575

109,575

2026 P & I Payments Less Earned Interest

Total Revenues

$	98,631

$	110,075

$	110,175

EXPENDITURES

Principal Payments

67,968

70,380

72,877

Principal Payment Due In 2027

Interest Payments

28,455

32,456

36,698

Interest Payments Due In 2027

Bond Redemption

0

7,239

600

Estimated Excess Debt Collections

Total Expenditures

$	96,423

$	110,075

$	110,175

Excess/ (Shortfall)

$	2,208

$	-

$	-

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 2022/2023
Assessment
Before Discount*

Fiscal Year 2023/2024
Assessment

Fiscal Year 2024/2025
Assessment

Fiscal Year 2025/2026
Assessment

Fiscal Year 2026/2027
Projected Assessment

Before Discount*

Before Discount*

Before Discount*

Before Discount*

$

-

$

-

$

318.45

$

318.45

$

318.05

$

317.96

$

317.74

O & M
Debt

$	704.84

$	809.51

 $	704.84

 $	704.84

 $	704.84

 $	809.51

 $	809.51

$

704.84

$

809.51

$

1,023.29

$

1,023.29

$

1,022.89

$

1,127.47

$

1,127.25

Total

* 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