Everlands II 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 FUND BUDGET - SERIES 2025

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

I

$15,722

$32,831

$48,553

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

O & M Assessments

39,800

12,665

12,665

O & M Assessments - Direct Bill

0

25,756

25,756

Developer Contribution - O&M

72,047

72,047

36,024

Debt Assessments

617,319

192,331

192,331

Debt Assessments - Direct Bill

0

399,492

399,492

Interest Income

0

2,525

2,495

Total Revenues

$	729,166

$	704,816

$	668,763

EXPENDITURES

Supervisor Fees

0

0

0

Management

36,000

36,000

36,000

Legal

30,000

10,000

5,850

Assessment Roll

7,500

7,500

7,500

Audit Fees

4,000

4,000

4,000

Arbitrage Rebate Fee

650

650

0

Insurance

6,000

5,000

5,000

Legal Advertisements

15,000

2,200

1,206

Miscellaneous

1,500

750

0

Postage

300

50

39

Office Supplies

1,500

275

231

Dues & Subscriptions

175

175

175

Trustee Fee

4,200

4,246

4,246

Continuing Disclosure Fee

1,000

500

500

Engineering/Inspections

2,000

8,000

4,376

Total Expenditures

$	109,825

$	79,346

$	69,123

Revenues Less Expenditures

$	619,341.00

$	625,470

$	599,640

Bond Payments

(580,280)

(580,438)

(580,438)

BALANCE

$	39,061

$	45,032

$	19,202

County Appraiser & Tax Collector Fee

(13,020)

(4,012)

(4,012)

Discounts For Early Payments

(26,041)

(8,189)

(8,189)

Excess/ (Shortfall)

$	-

$	32,831

$	7,001

Carryover From Prior Year

0

0

0

NET EXCESS/ (SHORTFALL)

$	-

$	32,831

$	7,001

AMENDED FINAL BUDGET
EVERLANDS II COMMUNITY DEVELOPMENT DISTRICT DEBT SERVICE FUND - SERIES 2024
FISCAL YEAR 2024/2025 OCTOBER 1, 2024 - SEPTEMBER 30, 2025

Notes
Reserve Fund Balance = $290,140*. Revenue Account Balance = $249,351*. Revenue Account To Be Used To Make 12/15/2025 Interest Payment Of $224,295. Capitalized Interest Was Set-Up Through December 2024.
* Approximate Amounts

Series 2025 Bond Information

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

$8,640,000 4.60% - 5.45%
August 2024
June 2054

Annual Principal Payments Due: June 15th
Annual Interest Payments Due:
June 15th & December 15th

Par Amount As Of 9/30/25 =

$8,515,000

II

$451,970

$87,521

$539,491

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

NAV Assessment Collection

580,280

180,946

180,946

Developer Contribution - Debt

0

399,492

399,492

Transfer From Capital Projects Fund

0

434

434

Interest Income

400

19,100

18,997

Total Revenues

$	580,680

$	599,972

$	599,869

EXPENDITURES

Principal Payments

125,000

125,000

125,000

Interest Payments

451,465

387,451

387,451

Bond Redemption

4,215

0

0

Total Expenditures

$	580,680

$	512,451

$	512,451

Excess/ (Shortfall)

$	-

$	87,521

$	87,418