Journey's End Community Development District

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

CONTENTS

I

PROPOSED BUDGET

II

DETAILED PROPOSED BUDGET

III

DETAILED PROPOSED DEBT SERVICE FUND BUDGET

IV

ASSESSMENT COMPARISON

PROPOSED BUDGET
JOURNEY'S END COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2026/2027
OCTOBER 1, 2026 - SEPTEMBER 30, 2027

I

3/27/2026 4:18 PM

General Fund Balance As Of 9/30/25

$189,343.00

Reserve Fund Balance As Of 9/30/25

$54,587.00

REVENUES

FISCAL YEAR 2026/2027
BUDGET

O&M Assessments

110,686

Other Revenues

0

County Appraiser & Tax Collector Fee

(2,214)

Discounts For Early Payments

(4,427)

Interest Income

1,680

TOTAL REVENUES

$	105,725

EXPENDITURES

Supervisor Fees

5,000

Payroll Taxes (Employer)

383

Infrastructure Maintenance

2,500

Stormwater Maintenance

2,500

Lake Maintenance

23,000

Engineering

10,000

Management

18,000

Secretarial

3,000

Legal

9,500

Assessment Roll

5,000

Audit Fees

3,900

Insurance

8,000

Legal Advertisements

1,400

Miscellaneous

1,150

Postage

125

Office Supplies

450

Dues & Subscriptions

175

Trustee Fee

5,100

Website Management

1,500

Reserve

5,042

TOTAL EXPENDITURES

$	105,725

EXCESS/ (SHORTFALL)

$	-

Carryover From Prior Year

0

NET EXCESS/ (SHORTFALL)

$	-

DETAILED PROPOSED BUDGET
JOURNEY'S END COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2026/2027
OCTOBER 1, 2026 - SEPTEMBER 30, 2027

II

3/27/2026 4:18 PM

General Fund Balance As Of 9/30/25

$198,113.90

Reserve Fund Balance As Of 9/30/25

$65,934.00

REVENUES

FISCAL YEAR 2024/2025
ACTUAL

FISCAL YEAR 2025/2026
BUDGET

FISCAL YEAR 2026/2027
BUDGET

COMMENTS

O&M Assessments

110,931

110,686

110,686

Expenditures Less Interest & Carryover/.94

Other Revenues

0

0

0

County Appraiser & Tax Collector Fee

(225)

(2,214)

(2,214)

Two Percent Of O&M Assessment Roll

Discounts For Early Payments

(4,046)

(4,427)

(4,427)

Four Percent Of O&M Assessment Roll

Interest Income

9,300

1,440

1,680

Interest Projected At $140 Per Month

TOTAL REVENUES

$	115,960

$	105,485

$	105,725

EXPENDITURES

Supervisor Fees

3,200

5,000

5,000

Supervisor Fees

Payroll Taxes (Employer)

245

383

383

Supervisor Fees * 7.65%

Infrastructure Maintenance

0

2,500

2,500

Infrastructure Maintenance

Stormwater Maintenance

0

2,500

2,500

Stormwater Maintenance

Lake Maintenance

21,419

20,000

23,000

FY 25/26 Expenditure Through March 26 Was $11,484

Engineering

15,900

7,000

10,000

$3,000 Increase From 2025/2026 Budget

Management

18,000

18,000

18,000

As Per Contract

Secretarial

3,000

3,000

3,000

No Change From 2025/2026 Budget

Legal

9,093

9,500

9,500

No Change From 2025/2026 Budget

Assessment Roll

5,000

5,000

5,000

As Per Contract

Audit Fees

3,700

3,800

3,900

Accepted Amount For 2025/2026 Audit

Insurance

6,858

7,500

8,000

Fiscal Year 25/26 Expenditure Was $7,269

Legal Advertisements

1,015

1,500

1,400

$100 Decrease From 2025/2026 Budget

Miscellaneous

999

1,150

1,150

No Change From 2025/2026 Budget

Postage

25

150

125

$25 Decrease From 2025/2026 Budget

Office Supplies

614

450

450

No Change From 2025/2026 Budget

Dues & Subscriptions

175

175

175

No Change From 2025/2026 Budget

Trustee Fee

5,099

5,100

5,100

No Change From 2025/2026 Budget

Website Management

1,500

1,500

1,500

No Change From 2025/2026 Budget

Reserve

0

11,277

5,042

Reserve

TOTAL EXPENDITURES

$	95,842

$	105,485

$	105,725

EXCESS/ (SHORTFALL)

$	20,118

$	-

$	-

Carryover From Prior Year

0

0

0

Carryover From Prior Year

NET EXCESS/ (SHORTFALL)

$	20,118

$	-

$	-

DETAILED PROPOSED DEBT SERVICE FUND BUDGET
JOURNEY'S END COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2026/2027
OCTOBER 1, 2026 - SEPTEMBER 30, 2027

Series 2008 Refunding Bonds Information

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

$2,300,000 4.82%
August 2008
May 2028

Annual Principal Payments Due = Annual Interest Payments Due =

May 1st
May 1st & November 1st

Note: $350,000 Extraordinary Principal Payment Was Made On November 1, 2022.

Par Amount As Of 1/1/26 =

$275,000

III

Debt Service Fund Balance As Of 9/30/25

$82,898.00

REVENUES

FISCAL YEAR 2024/2025 ACTUAL

FISCAL YEAR 2025/2026 BUDGET

FISCAL YEAR 2026/2027 BUDGET

COMMENTS

Interest Income

4,466

1,000

1,500

Projected Interest For 2026/2027

NAV Tax Collection

111,912

110,079

110,079

Updated Yearly Maximum Debt Assessment

Prepaid Bond Collection

0

0

0

Total Revenues

$	116,378

$	111,079

$	111,579

EXPENDITURES

Principal Payments

90,000

90,000

90,000

Principal Payment Due In 2027

Interest Payments

17,837

11,222

6,824

Interest Payments Due In 2027

Bond Redemption

0

9,857

14,755

Estimated Excess Debt Collections

Total Expenditures

$	107,837

$	111,079

$	111,579

Excess/ (Shortfall)

$	8,541

$	-

$	-

Journey's End Community Development District Assessment Comparison

Fiscal Year 2023/2024
 Assessment* 

Fiscal Year 2024/2025
 Assessment* 

Fiscal Year 2025/2026
 Assessment* 

Fiscal Year 2026/2027
 Projected Assessment*

Administrative For Sixty Five Foot Lots Debt For Sixty Five Foot Lots

$

235.00

$

235.00

$

235.00

$

235.00

 $	240.00

 $	240.00

 $	240.00

 $	240.00

Total

$

475.00

$

475.00

$

475.00

$

475.00

Administrative For Seventy Five Foot Lots Debt For Seventy Five Foot Lots

$

235.00

$

235.00

$

235.00

$

235.00

 $	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
 Seventy Five Foot Homes	 Total Units

300
	171	 471

 Sixty Five Foot Lots Information	

Total Units
 Prepayments	 Billed For Debt

300
	4	 296

 Seventy Five Foot Lots Information	

Total Units
 Prepayments	 Billed For Debt

171
	3	 168

IV