Vivid Shores Community Development District

Proposed Budget For Fiscal Year 2025/2026
October 1, 2025 - September 30, 2026

CONTENTS

I

PROPOSED BUDGET

II

DETAILED PROPOSED BUDGET

PROPOSED BUDGET
VIVID SHORES COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2025/2026
OCTOBER 1, 2025 - SEPTEMBER 30, 2026

Note: If District Were On The Assessment Roll - O&M Rate Would Be $500.00 (634 Units)

I

REVENUES

FISCAL YEAR 2025/2026 BUDGET

O&M (Operation & Maintenance) Assessments

0

Developer Contribution

300,645

Debt Assessments

0

Interest Income

200

TOTAL REVENUES

$	300,845

EXPENDITURES

Administrative Expenditures

Supervisor Fees

2,400

Payroll Taxes (Employer)

192

Management

36,000

Legal

24,000

Assessment Roll

5,000

Audit Fees

0

Arbitrage Rebate Fee

0

Insurance

6,500

Legal Advertisements

24,000

Miscellaneous

2,500

Postage

300

Office Supplies

1,200

Dues & Subscriptions

175

Website Management & ADA Compliance

3,000

Trustee Fees

0

Continuing Disclosure Fee

0

Total Administrative Expenditures

$	105,267

Maintenance Expenditures

Engineering/Inspections

36,000

Lake Bank Maintenance

36,000

Preserve Maintenance

36,000

Pipe Inspection/Maintenance

36,000

Miscellaneous Maintenance

15,140

Maintenance/Contingency

36,438

Total Maintenance Expenditures

$	195,578

Total O&M Expenditures

$	300,845

REVENUES LESS EXPENDITURES

$	-

Bond Payments

0

BALANCE

$	-

County Appraiser & Tax Collector Fee

0

Discounts For Early Payments

0

EXCESS/ (SHORTFALL)

$	-

DETAILED PROPOSED BUDGET
VIVID SHORES COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2025/2026
OCTOBER 1, 2025 - SEPTEMBER 30, 2026

Note: If District Were On The Assessment Roll - O&M Rate Would Be $500.00 (634 Units)

II

REVENUES

FISCAL YEAR 2023/2024 ACTUAL

FISCAL YEAR 2024/2025 BUDGET

FISCAL YEAR 2025/2026 BUDGET

COMMENTS

O&M (Operation & Maintenance) Assessments

0

0

0

Developer Contribution

0

19,700

300,645

Developer Contribution

Debt Assessments

0

0

0

Interest Income

0

0

200

TOTAL REVENUES

$	-

$	19,700

$	300,845

EXPENDITURES

Administrative Expenditures

Supervisor Fees

0

0

2,400

Supervisor Fees

Payroll Taxes (Employer)

0

0

192

8% Of Supervisor Fees

Management

0

0

36,000

Twelve Months X $3,000

Legal

0

7,500

24,000

High Legal Costs In Initial Months

Assessment Roll

0

0

5,000

Fee For 2026 (11-1-26) Assessment Roll

Audit Fees

0

0

0

Commences In Fiscal Year Following Issuing Of Bond

Arbitrage Rebate Fee

0

0

0

Commences In Fiscal Year Following Issuing Of Bond

Insurance

0

1,000

6,500

Insurance Estimate

Legal Advertisements

0

7,500

24,000

High Legal Advertising Costs In Initial Months

Miscellaneous

0

2,500

2,500

Postage

0

50

300

Office Supplies

0

150

1,200

High Office Supplies Costs In Initial Months

Dues & Subscriptions

0

0

175

Annual Fee Due Department Of Economic Opportunity

Website Management & ADA Compliance

0

0

3,000

Twelve Months X $250

Trustee Fees

0

0

0

Commences In Fiscal Year Following Issuing Of Bond

Continuing Disclosure Fee

0

0

0

Commences In Fiscal Year Following Issuing Of Bond

Total Administrative Expenditures

$	-

$	18,700

$	105,267

Maintenance Expenditures

Engineering/Inspections

0

1,000

36,000

Engineers Report To Be Included In Bond Cost Of Issuance

Lake Bank Maintenance

0

0

36,000

Lake Bank Maintenance

Preserve Maintenance

0

0

36,000

Preserve Maintenance

Pipe Inspection/Maintenance

0

0

36,000

Pipe Inspection/Maintenance

Miscellaneous Maintenance

0

0

15,140

Miscellaneous Maintenance

Maintenance/Contingency

0

0

36,438

Maintenance/Contingency

Total Maintenance Expenditures

$	-

$	1,000

$	195,578

Total O&M Expenditures

$	-

$	19,700

$	300,845

REVENUES LESS EXPENDITURES

$	-

$	-

$	-

Bond Payments

0

0

0

BALANCE

$	-

$	-

$	-

County Appraiser & Tax Collector Fee

0

0

0

Discounts For Early Payments

0

0

0

EXCESS/ (SHORTFALL)

$	-

$	-

$	-