Title: VIV Final Budget 2026-2027.xlsx
Author: JWalker

Vivid Shores 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

ASSESSMENT COMPARISON

IV

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

I

REVENUES

FISCAL YEAR 2026/2027 BUDGET

O&M (Operation & Maintenance) Assessments

192,000

Developer Contribution

0

Debt Assessments (2025)

1,198,681

Interest Income

240

TOTAL REVENUES

$	1,390,921

EXPENDITURES

Administrative Expenditures

Supervisor Fees

2,400

Payroll Taxes (Employer)

192

Management

36,000

Legal

20,000

Assessment Roll

5,000

Audit Fees

4,500

Arbitrage Rebate Fee

650

Insurance

7,600

Legal Advertisements

10,000

Miscellaneous

1,028

Postage

300

Office Supplies

1,000

Dues & Subscriptions

175

Website Management & ADA Compliance

3,000

Trustee Fees

4,500

Dissemination Services

3,500

Continuing Disclosure Fee

1,000

Total Administrative Expenditures

$	100,845

Maintenance Expenditures

Engineering/Inspections

4,000

Landscaping

0

Perimeter Wall

0

Off-Site Road Maintenance/Reserve

3,750

Lake Bank Maintenance

3,500

Stormwater Management (Dry Retention)

0

Preserve Maintenance

70,000

Total Maintenance Expenditures

$	81,250

Total O&M Expenditures

$	182,095

REVENUES LESS EXPENDITURES

$	1,208,826

Bond Payments (2025)

(1,137,835)

BALANCE

$	70,991

County Appraiser & Tax Collector Fee

(15,994)

Discounts For Early Payments

(54,997)

EXCESS/ (SHORTFALL)

$	-

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

II

REVENUES

FISCAL YEAR 2024/2025
ACTUAL

FISCAL YEAR 2025/2026
BUDGET

FISCAL YEAR 2026/2027
BUDGET

COMMENTS

O&M (Operation & Maintenance) Assessments

0

0

192,000

Expenditures Less Interest & Carryover/.9484

Developer Contribution

19,700

182,095

0

Developer Contribution

Debt Assessments (2025)

0

0

1,198,681

Bond Payments/.9484

Interest Income

0

200

240

Interest Projected At $20 Per Month

TOTAL REVENUES

$	19,700

$	182,295

$	1,390,921

EXPENDITURES

Administrative Expenditures

Supervisor Fees

0

2,400

2,400

Supervisor Fees

Payroll Taxes (Employer)

0

192

192

8% Of Supervisor Fees

Management

0

36,000

36,000

Twelve Months X $3,000

Legal

11,527

24,000

20,000

$4,000 Decrease From 2025/2026 Budget

Assessment Roll

0

5,000

5,000

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

Audit Fees

0

0

4,500

Commences In Fiscal Year Following Issuing Of Bond

Arbitrage Rebate Fee

0

0

650

Commences In Fiscal Year Following Issuing Of Bond

Insurance

0

6,500

7,600

FY 25/26 Expenditure Was $6,649

Legal Advertisements

276

24,000

10,000

$14,000 Decrease From 2025/2026 Budget

Miscellaneous

0

2,500

1,028

$1,472 Decrease From 2025/2026 Budget

Postage

0

300

300

No Change From 2025/2026 Budget

Office Supplies

0

1,200

1,000

$200 Decrease From 2025/2026 Budget

Dues & Subscriptions

75

175

175

Annual Fee Due Department Of Economic Opportunity

Website Management & ADA Compliance

0

3,000

3,000

Twelve Months X $250

Trustee Fees

0

0

4,500

Commences In Fiscal Year Following Issuing Of Bond

Dissemination Services

0

0

3,500

Required By Bond Underwriter

Continuing Disclosure Fee

0

0

1,000

Commences In Fiscal Year Following Issuing Of Bond

Total Administrative Expenditures

$	11,878

$	105,267

$	100,845

Maintenance Expenditures

Engineering/Inspections

0

15,400

4,000

Engineering/Inspections

Landscaping

0

30,828

0

Line Item Eliminated

Perimeter Wall

0

0

0

Perimeter Wall

Off-Site Road Maintenance/Reserve

0

0

3,750

Off-Site Road Maintenance/Reserve

Lake Bank Maintenance

0

15,400

3,500

Lake Bank Maintenance

Stormwater Management (Dry Retention)

0

0

0

2027/2028 Line Item

Preserve Maintenance

0

15,400

70,000

Preserve Maintenance

Total Maintenance Expenditures

$	-

$	77,028

$	81,250

Total O&M Expenditures

$	11,878

$	182,295

$	182,095

REVENUES LESS EXPENDITURES

$	7,822

$	-

$	1,208,826

Bond Payments (2025)

0

0

(1,137,835)

2027 Principal & Interest Payments

BALANCE

$	7,822

$	-

$	70,991

County Appraiser & Tax Collector Fee

0

0

(15,994)

One Percent Of Total Assessment Roll + Per Parcel Collection Fee

Discounts For Early Payments

0

0

(54,997)

Four Percent Of Total Assessment Roll

EXCESS/ (SHORTFALL)

$	7,822

$	-

$	-

DETAILED FINAL DEBT SERVICE FUND BUDGET (SERIES 2025)
VIVID SHORES COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2026/2027
OCTOBER 1, 2026 - SEPTEMBER 30, 2027

Note: Capitalized Interest Set-up Through May 2026.

Series 2025 Bond Information

Original Par Amount =

$16,765,000

Annual Principal Payments Due =

May 1st

Interest Rate =

4.000% - 5.625%	Annual Interest Payments Due =

May 1st & November 1st

Issue Date =

December 2025

Maturity Date =

May 2056

Par Amount As Of 1/1/26 =

$16,765,000

III

8/10/2026 2:41 PM

REVENUES

FISCAL YEAR 2024/2025 ACTUAL

FISCAL YEAR 2025/2026 BUDGET

FISCAL YEAR 2026/2027 BUDGET

COMMENTS

Interest Income

0

0

1,000

Projected Interest For 2026/2027

NAV Tax Collection

0

0

1,137,835

Maximum Debt Service Collection

Prepaid Bond Collection

0

0

0

Total Revenues

$	-

$	-

$	1,138,835

EXPENDITURES

Principal Payments

0

0

255,000

Principal Payment Due In 2027

Interest Payments

0

0

882,685

Interest Payment Due In 2027

Bond Redemption

0

0

1,150

Estimated Excess Debt Collections

Total Expenditures

$	-

$	-

$	1,138,835

Excess/ (Shortfall)

$	-

$	-

$	-

VIVID SHORES COMMUNITY DEVELOPMENT DISTRICT ASSESSMENT COMPARISON

Fiscal Year 2024/2025
	Assessment*	

Fiscal Year 2025/2026
	Assessment*	

Fiscal Year 2026/2027
  Projected Assessment* 

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

$
$

-
-

$
$

-
-

$
$

500.00
2,464.86

$

-

$

-

$

2,964.86

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

$
$

-
-

$
$

-
-

$
$

500.00
3,128.48

$

-

$

-

$

3,628.48

O & M For 76' Single Family Unit Debt For 76' Single Family Unit
Total For 76' Single Family Unit

$
$

-
-

$
$

-
-

$
$

500.00
3,602.49

$

-

$

-

$

4,102.49

O & M For 90+' Single Family Unit Debt For 90+' Single Family Unit
Total For 90+' Single Family Unit

$
$

-
-

$
$

-
-

$
$

500.00
4,266.11

$

-

$

-

$

4,766.11

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

Community Information (2025 Bond):
52' Single Family Units: 112
66' Single Family Units: 188
76' Single Family Units: 36
90+' Single Family Units: 48

Total:

384 Units

IV

8/10/2026 2:41 PM