Everlands II Community Development District

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

CONTENTS

PROPOSED BUDGET

DETAILED PROPOSED BUDGET

ASSESSMENT COMPARISON

PROPOSED BUDGET
EVERLANDS II COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2024/2025
OCTOBER 1, 2024 - SEPTEMBER 30, 2025

REVENUES	
FISCAL YEAR 2024/2025
BUDGET	
O&M Assessments	33,697	
Developer Contribution	78,150	
Debt Assessments	0	
Interest Income	0	
		
TOTAL REVENUES	$	111,847	
		
EXPENDITURES		
Administrative Expenditures		
Supervisor Fees	0	
Management	36,000	
Legal	30,000	
Assessment Roll	7,500	
Audit Fees	4,000	
Arbitrage Rebate Fee	650	
Insurance	6,000	
Legal Advertisements	15,000	
Miscellaneous	1,500	
Postage	300	
Office Supplies	1,500	
Dues & Subscriptions	175	
Trustee Fees	4,200	
Continuing Disclosure Fee	1,000	
		
Total Administrative Expenditures	$	107,825	
		
Maintenance Expenditures		
Engineering/Inspections	2,000	
Miscellaneous Maintenance	0	
		
Total Maintenance Expenditures	$	2,000	
		
TOTAL EXPENDITURES	$	109,825	
		
REVENUES LESS EXPENDITURES	$	2,022	
		
Bond Payments	0	
		
BALANCE	$	2,022	
		
County Appraiser & Tax Collector Fee	(674)	
Discounts For Early Payments	(1,348)	
		
EXCESS/ (SHORTFALL)	$	-	

5/16/2024 10:44 AM	I

DETAILED PROPOSED BUDGET
EVERLANDS II COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2024/2025
OCTOBER 1, 2024 - SEPTEMBER 30, 2025

REVENUES	
FISCAL YEAR 2022/2023 ACTUAL	
FISCAL YEAR 2023/2024 BUDGET	
FISCAL YEAR 2024/2025 BUDGET	

COMMENTS	
O&M Assessments	0	0	33,697	Amount Subject To Number Of Platted Lots	
Developer Contribution	0	89,475	78,150	Developer Contribution	
Debt Assessments	0	0	0		
Interest Income	0	0	0		
					
TOTAL REVENUES	$	-	$	89,475	$	111,847		
					
EXPENDITURES					
Administrative Expenditures					
Supervisor Fees	0	0	0		
Management	0	33,000	36,000	$3,000 X 12 Months	
Legal	0	30,000	30,000		
Assessment Roll	0	0	7,500	As Per Contract	
Audit Fees	0	0	4,000		
Arbitrage Rebate Fee	0	0	650	Will Commence In Fiscal Year Following Issuing Of Bond	
Insurance	0	6,000	6,000		
Legal Advertisements	0	15,000	15,000		
Miscellaneous	0	1,500	1,500		
Postage	0	300	300		
Office Supplies	0	1,500	1,500		
Dues & Subscriptions	0	175	175	Annual Fee Due Department Of Economic Opportunity	
Trustee Fees	0	0	4,200	Will Commence In Fiscal Year Following Issuing Of Bond	
Continuing Disclosure Fee	0	0	1,000	Will Commence In Fiscal Year Following Issuing Of Bond	
					
Total Administrative Expenditures	$	-	$	87,475	$	107,825		
					
Maintenance Expenditures					
Engineering/Inspections	0	2,000	2,000	Engineers Report To Be Included In Bond Cost Of Issuance	
Miscellaneous Maintenance	0	0	0		
					
Total Maintenance Expenditures	$	-	$	2,000	$	2,000		
					
TOTAL EXPENDITURES	$	-	$	89,475	$	109,825		
					
REVENUES LESS EXPENDITURES	$	-	$	-	$	2,022		
					
Bond Payments	0	0	0		
					
BALANCE	$	-	$	-	$	2,022		
					
County Appraiser & Tax Collector Fee	0	0	(674)		
Discounts For Early Payments	0	0	(1,348)		
					
EXCESS/ (SHORTFALL)	$	-	$	-	$	-		

5/16/2024 10:44 AM	II

EVERLANDS II COMMUNITY DEVELOPMENT DISTRICT ASSESSMENT COMPARISON

	Fiscal Year	Fiscal Year	
	2023/2024	2024/2025	
		Assessment*		  Projected Assessment* 	
O & M For Single Family 40'	$	-	$	100.00	
Debt For Single Family 40'	$	-		$	-		
Total For Single Family 40'	$	-	$	100.00	
O & M For Single Family 50'	$	-	$	100.00	
Debt For Single Family 50'	$	-		$	-		
Total For Single Family 50'	$	-	$	100.00	

* Assessments Include the Following: 4% Discount for Early Payments
1% County Tax Collector Fee
1% County Property Appraiser Fee

Community Information Total: 398 Units

5/16/2024 10:44 AM	III