Journey's End 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
JOURNEY'S END COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2025/2026
OCTOBER 1, 2025 - SEPTEMBER 30, 2026

REVENUES	
FISCAL YEAR 2025/2026 BUDGET	
O&M Assessments	110,686	
Other Revenues	0	
County Appraiser & Tax Collector Fee	(2,214)	
Discounts For Early Payments	(4,427)	
Interest Income	1,440	
		
TOTAL REVENUES	$	105,485	
		
EXPENDITURES		
Supervisor Fees	5,000	
Payroll Taxes (Employer)	383	
Infrastructure Maintenance	2,500	
Stormwater Maintenance	2,500	
Lake Maintenance	20,000	
Engineering	7,000	
Management	18,000	
Secretarial	3,000	
Legal	9,500	
Assessment Roll	5,000	
Audit Fees	3,800	
Insurance	7,500	
Legal Advertisements	1,500	
Miscellaneous	1,150	
Postage	150	
Office Supplies	450	
Dues & Subscriptions	175	
Trustee Fee	5,100	
Website Management	1,500	
Reserve	11,277	
		
TOTAL EXPENDITURES	$	105,485	
		
EXCESS/ (SHORTFALL)	$	-	
		
Carryover From Prior Year	0	
		
NET EXCESS/ (SHORTFALL)	$	-	

General Fund Balance As Of 9/30/24	$189,343.00	
Reserve Fund Balance As Of 9/30/24	$54,587.00	

I

DETAILED FINAL BUDGET
JOURNEY'S END 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	110,952	110,686	110,686	Expenditures Less Interest & Carryover/.94	
Other Revenues	0	0	0		
County Appraiser & Tax Collector Fee	(269)	(2,214)	(2,214)	Two Percent Of O&M Assessment Roll	
Discounts For Early Payments	(4,101)	(4,427)	(4,427)	Four Percent Of O&M Assessment Roll	
Interest Income	11,345	960	1,440	Interest Projected At $120 Per Month	
					
TOTAL REVENUES	$	117,927	$	105,005	$	105,485		
					
EXPENDITURES					
Supervisor Fees	4,200	5,000	5,000	Supervisor Fees	
Payroll Taxes (Employer)	321	383	383	Supervisor Fees * 7.65%	
Infrastructure Maintenance	950	2,500	2,500	Infrastructure Maintenance	
Stormwater Maintenance	0	2,500	2,500	Stormwater Maintenance	
Lake Maintenance	19,918	20,000	20,000	No Change From 2024/2025 Budget	
Engineering	5,843	7,000	7,000	No Change From 2024/2025 Budget	
Management	18,000	18,000	18,000	As Per Contract	
Secretarial	3,000	3,000	3,000	No Change From 2024/2025 Budget	
Legal	8,878	9,500	9,500	No Change From 2024/2025 Budget	
Assessment Roll	5,000	5,000	5,000	As Per Contract	
Audit Fees	4,000	4,100	3,800	Accepted Amount For 2024/2025 Audit	
Insurance	6,594	7,100	7,500	Fiscal Year Expenditure Was $6,858	
Legal Advertisements	1,481	1,000	1,500	$500 Increase From 2024/2025 Budget	
Miscellaneous	1,493	1,150	1,150	No Change From 2024/2025 Budget	
Postage	61	175	150	$25 Decrease From 2024/2025 Budget	
Office Supplies	300	475	450	$25 Decrease From 2024/2025 Budget	
Dues & Subscriptions	175	175	175	No Change From 2024/2025 Budget	
Trustee Fee	5,100	5,100	5,100	No Change From 2024/2025 Budget	
Website Management	1,500	1,500	1,500	No Change From 2024/2025 Budget	
Reserve	3,385	11,347	11,277	Reserve	
					
TOTAL EXPENDITURES	$	90,199	$	105,005	$	105,485		
					
EXCESS/ (SHORTFALL)	$	27,728	$	-	$	-		
					
Carryover From Prior Year	0	0	0	Carryover From Prior Year	
					
NET EXCESS/ (SHORTFALL)	$	27,728	$	-	$	-		

General Fund Balance As Of 9/30/24	$189,343.00	
Reserve Fund Balance As Of 9/30/24	$54,587.00	

6/2/2025 11:42 AM	II

DETAILED FINAL DEBT SERVICE FUND BUDGET
JOURNEY'S END 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	
4,870	
0	
1,000	
Projected Interest For 2025/2026	

NAV Tax Collection	
112,058	
110,079	
110,079	
Updated Yearly Maximum Debt Assessment	

Redemption Transfer	
0	
0	
0		

Prepaid Bond Collection	
733	
0	
0		

Total Revenues	
$	117,661	
$	110,079	
$	111,079		

EXPENDITURES					

Principal Payments	
90,000	
90,000	
90,000	
Principal Payment Due In 2026	

Interest Payments	
22,296	
15,620	
11,222	
Interest Payments Due In 2026	

Bond Redemption	
0	
4,459	
9,857	
Estimated Excess Debt Collections	

Total Expenditures	
$	112,296	
$	110,079	
$	111,079		

Excess/ (Shortfall)	
$	5,365	
$	-	
$	-		

$82,898.00

Debt Service Fund Balance As Of 9/30/24

Series 2008 Refunding Bonds Information
Original Par Amount =	$2,300,000	Annual Principal Payments Due =	May 1st	
Interest Rate =	4.82%	Annual Interest Payments Due =	May 1st & November 1st	
Issue Date =	August 2008			
Maturity Date =	May 2028	Note: $350,000 Extraordinary Principal Payment Was	
		Made On November 1, 2022.	
Par Amount As Of 1/1/25 =	$365,000		

III

Journey's End Community Development District Assessment Comparison

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

Administrative For Sixty Five Foot Lots	
$	235.00	
$	235.00	
$	235.00	
$	
235.00	
Debt For Sixty Five Foot Lots	$	240.00	$	240.00	$	240.00	$	240.00	
Total	$	475.00	$	475.00	$	475.00	$	475.00	
Administrative For Seventy Five Foot Lots	$	235.00	$	235.00	$	235.00	$	235.00	
Debt For Seventy Five Foot Lots	$	275.00	$	275.00	$	275.00	$	275.00	
Total	$	510.00	$	510.00	$	510.00	$	510.00	

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

 Community Information:	

Sixty Five Foot Lots	300	
 Seventy Five Foot Homes			171		
Total Units	471	

 Sixty Five Foot Lots Information	

Total Units	300	
 Prepayments			4		
Billed For Debt	296	

 Seventy Five Foot Lots Information	

Total Units	171	
 Prepayments			3		
Billed For Debt	168	

IV