Century Park South Community Development District

Amended Final Budget For Fiscal Year 2024/2025
October 1, 2024 - September 30, 2025

CONTENTS

I

AMENDED FINAL OPERATING FUND BUDGET

II

AMENDED FINAL DEBT SERVICE BUDGET

AMENDED FINAL BUDGET
CENTURY PARK SOUTH COMMUNITY DEVELOPMENT DISTRICT OPERATING FUND
FISCAL YEAR 2024/2025 OCTOBER 1, 2024 - SEPTEMBER 30, 2025

I

$168,799

$44,189

$212,988

FUND BALANCE AS OF 9/30/24

FY 2024/2025 ACTIVITY

FUND BALANCE AS OF 9/30/25

REVENUES

FISCAL YEAR 2024/2025 BUDGET
10/1/24 - 9/30/25

AMENDED FINAL BUDGET
10/1/24 - 9/30/25

YEAR TO DATE ACTUAL
10/1/24 - 9/29/25

ADMINISTRATIVE ASSESSMENTS

78,201

79,076

79,076

MAINTENANCE ASSESSMENTS

47,622

47,625

47,625

DEBT ASSESSMENTS

255,996

255,992

255,992

DEVELOPER CONTRIBUTION

0

0

0

INTEREST INCOME

480

7,891

7,891

TOTAL REVENUES

$	382,299

$	390,584

$	390,584

EXPENDITURES

ADMINISTRATIVE EXPENDITURES

SUPERVISOR FEES

0

1,400

400

PAYROLL TAXES

0

221

121

MANAGEMENT

30,564

30,564

30,564

LEGAL

17,000

12,000

9,395

ASSESSMENT ROLL

6,500

6,500

6,500

AUDIT FEES

3,900

3,900

3,900

INSURANCE

7,000

6,531

6,531

LEGAL ADVERTISING

2,200

5,800

5,144

MISCELLANEOUS

900

900

405

POSTAGE

275

530

527

OFFICE SUPPLIES

625

570

540

DUES & SUBSCRIPTIONS

175

175

175

TRUSTEE FEES

4,050

4,031

4,031

CONTINUING DISCLOSURE FEE

1,000

1,000

500

WEBSITE MANAGEMENT & ADA COMPLIANCE

1,500

1,500

1,500

ADMINISTRATIVE CONTINGENCY

600

600

0

TOTAL ADMINISTRATIVE EXPENDITURES

$	76,289

$	76,222

$	70,233

MAINTENANCE EXPENDITURES

ENGINEERING/INSPECTIONS

3,100

4,500

3,124

MISCELLANEOUS MAINTENANCE

7,665

750

0

INFRASTRUCTURE MAINTENANCE

10,000

750

0

STORMWATER MANAGEMENT - WEST PARCEL

10,000

750

0

ROADWAYS - WEST PARCEL

10,000

750

0

SIDEWALKS - WEST PARCEL

4,000

750

0

TOTAL MAINTENANCE EXPENDITURES

$	44,765

$	8,250

$	3,124

TOTAL EXPENDITURES

$	121,054

$	84,472

$	73,357

REVENUES LESS EXPENDITURES

$	261,245

$	306,112

$	317,227

BOND PAYMENTS

(240,636)

(243,930)

(243,930)

BALANCE

$	20,609

$	62,182

$	73,297

COUNTY APPRAISER & TAX COLLECTOR FEE

(7,636)

(3,679)

(3,679)

DISCOUNTS FOR EARLY PAYMENTS

(15,273)

(14,314)

(14,314)

EXCESS/ (SHORTFALL)

$	(2,300)

$	44,189

$	55,304

CARRYOVER FROM PRIOR YEAR

2,300

0

0

NET EXCESS/ (SHORTFALL)

$	-

$	44,189

$	55,304

AMENDED FINAL BUDGET
CENTURY PARK SOUTH COMMUNITY DEVELOPMENT DISTRICT DEBT SERVICE FUND
FISCAL YEAR 2024/2025 OCTOBER 1, 2024 - SEPTEMBER 30, 2025

Notes
Reserve Fund Balance = $255,444*. Revenue Fund Balance = $148,581*.
Revenue Fund Balance To Be Used To Make 11/1/2025 Interest Payment Of $72,544.
* Approximate Amounts

Series 2020 Bond Information

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

$4,505,000 3.0% - 4.0%
February 2020
May 2050

Annual Principal Payments Due: May 1st
Annual Interest Payments Due:
May 1st & November 1st

Par Amount As Of 9/30/25 =

$3,800,000

II

$381,755

$22,270

$404,025

FUND BALANCE AS OF 9/30/24

FY 2024/2025 ACTIVITY

FUND BALANCE AS OF 9/30/25

REVENUES

FISCAL YEAR 2024/2025 BUDGET 10/1/24 - 9/30/25

AMENDED FINAL BUDGET
10/1/24 - 9/30/25

YEAR TO DATE ACTUAL
10/1/24 - 9/29/25

Interest Income

400

17,792

17,792

NAV Tax Collection

240,636

243,930

243,930

Transfer From Construction Fund

0

14,031

14,031

Prepaid Bond Collection

0

0

0

Total Revenues

$	241,036

$	275,753

$	275,753

EXPENDITURES

Principal Payments

90,000

90,000

90,000

Interest Payments

146,994

148,483

148,483

Bond Redemption

4,042

15,000

15,000

Total Expenditures

$	241,036

$	253,483

$	253,483

Excess/ (Shortfall)

$	-

$	22,270

$	22,270