Veranda
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
VERANDA COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2026/2027
OCTOBER 1, 2026 - SEPTEMBER 30, 2027

Note: Stormwater Reserve Balance As Of 1/31/26 Was $283,428.

I

REVENUES

FISCAL YEAR 2026/2027
BUDGET

O & M Assessments

86,638

Debt Assessments

296,223

Other Revenue - Stormwater Fees

0

Interest Income

1,320

TOTAL REVENUES

$	384,181

EXPENDITURES

Supervisor Fees

0

Payroll Taxes - Employer

0

Engineering/Inspections

10,000

Management

42,228

Legal

9,500

Assessment Roll

5,000

Audit Fees

3,900

Insurance

8,000

Legal Advertisements

1,500

Miscellaneous

700

Postage

225

Office Supplies

475

Dues & Subscriptions

175

Trustee Fee

3,500

Continuing Disclosure Fee

500

Miscellaneous Maintenance

2,000

TOTAL EXPENDITURES

$	87,703

REVENUES LESS EXPENDITURES

$	296,478

Bond Payments

(278,450)

BALANCE

$	18,028

Tax Collector Fee

(7,507)

Property Appraiser Fee

(7,507)

Discounts For Early Payments

(15,014)

EXCESS/ (SHORTFALL)

$	(12,000)

Carryover Funds From Prior Year

12,000

NET EXCESS/ (SHORTFALL)

$	-

DETAILED FINAL BUDGET
VERANDA COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2026/2027
OCTOBER 1, 2026 - SEPTEMBER 30, 2027

Note: Stormwater Reserve Balance As Of 1/31/26 Was $283,428.

II

REVENUES

FISCAL YEAR 2024/2025
ACTUAL

FISCAL YEAR 2025/2026
BUDGET

FISCAL YEAR 2026/2027
BUDGET

COMMENTS

O & M Assessments

87,167

86,690

86,638

Expenditures Less Interest/Discounts & Fees

Debt Assessments

298,201

297,214

296,223

Bond Payments/Discounts & Fees

Other Revenue - Stormwater Fees

48,152

0

0

Interest Income

17,759

1,200

1,320

Interest Projected At $110 Per Month

TOTAL REVENUES

451,279

$	385,104

$	384,181

EXPENDITURES

Supervisor Fees

0

0

0

Payroll Taxes - Employer

0

0

0

Engineering/Inspections

22,833

10,000

10,000

No Change From 2025/2026 Budget

Management

39,972

41,124

42,228

CPI Adjustment

Legal

1,935

10,000

9,500

$500 Decrease From 2025/2026 Budget

Assessment Roll

5,000

5,000

5,000

As Per Contract

Audit Fees

4,000

4,100

3,900

Accepted Amount For 2025/2026 Audit

Insurance

7,511

8,000

8,000

FY 2025/2026 Expenditure Was $7,269

Legal Advertisements

1,487

1,300

1,500

$200 Increase From 2025/2026 Budget

Miscellaneous

295

750

700

$50 Decrease From 2025/2026 Budget

Postage

43

225

225

No Change From 2025/2026 Budget

Office Supplies

227

500

475

$25 Decrease From 2025/2026 Budget

Dues & Subscriptions

175

175

175

No Change From 2025/2026 Budget

Trustee Fee

3,500

3,500

3,500

No Change From 2025/2026 Budget

Continuing Disclosure Fee

350

500

500

No Change From 2025/2026 Budget

Miscellaneous Maintenance

4,900

0

2,000

Drainage, Etc.

TOTAL EXPENDITURES

92,228

$	85,174

$	87,703

REVENUES LESS EXPENDITURES

359,051

$	299,930

$	296,478

Bond Payments

(281,168)

(279,381)

(278,450)

2027 P & I Payments Less Earned Interest

BALANCE

77,883

$	20,549

$	18,028

Tax Collector Fee

(6,791)

(7,527)

(7,507)

Two Percent Of Total Assessment Roll

Property Appraiser Fee

(7,699)

(7,527)

(7,507)

Two Percent Of Total Assessment Roll

Discounts For Early Payments

(14,581)

(15,055)

(15,014)

Four Percent Of Total Assessment Roll

EXCESS/ (SHORTFALL)

$	48,812

$	(9,560)

$	(12,000)

Carryover Funds From Prior Year

0

9,560

12,000

Carryover Funds From Prior Year

NET EXCESS/ (SHORTFALL)

$	48,812

$	-

$	-

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

Series 2015 Bond Information

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

$4,270,000

Annual Principal Payments Due =	November 1st

4.00% - 5.25%	Annual Interest Payments Due = September 2015
November 2045

May 1st & November 1st

Par Amount As Of 1/1/26 =

$3,405,000

III

REVENUES

FISCAL YEAR

2024/2025

ACTUAL

FISCAL YEAR

2025/2026

BUDGET

FISCAL YEAR

2026/2027

BUDGET

COMMENTS

Interest Income

18,000

1,500

1,750

Projected Interest For 2026/2027

NAV Tax Collection

281,168

279,381

278,450

Maximum Debt Service Collection

Prepaid Bond Collection

11,152

0

0

Total Revenues

$	310,320

$	280,881

$	280,200

EXPENDITURES

Principal Payments

95,000

105,000

110,000

Principal Payment Due In 2027

Interest Payments

182,731

175,565

167,813

Interest Payments Due In 2027

Bond Redemption

10,000

316

2,387

Estimated Excess Debt Collections

Total Expenditures

$	287,731

$	280,881

$	280,200

Excess/ (Shortfall)

$	22,589

$	-

$	-

VERANDA 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* 

O & M For Single Family 42' Unit Debt For Single Family 42' Unit
Total For Single Family 42' Unit

$
$

229.60
606.00

$
$

229.49
606.00

$
$

229.45
606.00

$
$

229.21
606.00

$

835.60

$

835.49

$

835.45

$

835.21

O & M For Single Family 52' Unit
Debt For Single Family 52' Unit Total For Single Family 52' Unit

$
$

229.60
779.00

$
$

229.49
779.00

$
$

229.45
779.00

$
$

229.21
779.00

$

1,008.60

$

1,008.49

$

1,008.45

$

1,008.21

O & M For Single Family 66' Unit Debt For Single Family 66' Unit
Total For Single Family 66' Unit

$
$

229.60
987.00

$
$

229.49
987.00

$
$

229.45
987.00

$
$

229.21
987.00

$

1,216.60

$

1,216.49

$

1,216.45

$

1,216.21

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

Community Information: Single Family 42' Units: 69
Single Family 52' Units: 210
Single Family 66' Units: 99

Total:

378 Units

Single Family 42' Information: Total Units: 69
Prepayments: 1 Billed For Debt: 68

Single Family 52' Information: Total Units: 210
Prepayments: 3 Billed For Debt: 207

Single Family 66' Information: Total Units: 99
Prepayments: 4
Billed For Debt: 95

IV