Everlands II 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 BUDGET

III

ASSESSMENT COMPARISON

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

I

REVENUES

FISCAL YEAR 2026/2027
BUDGET

O&M Assessments

39,800

Developer Contribution

51,835

Debt Assessments

617,319

Debt Assessments - Direct Bill

0

Interest Income

300

TOTAL REVENUES

$	709,254

EXPENDITURES

Administrative Expenditures

Supervisor Fees

0

Management

36,972

Legal

14,500

Assessment Roll

7,500

Audit Fees

4,200

Arbitrage Rebate Fee

650

Insurance

6,000

Legal Advertisements

3,500

Miscellaneous

800

Postage

300

Office Supplies

800

Dues & Subscriptions

175

Trustee Fees

4,400

Continuing Disclosure Fee

1,000

Dissemination Services

2,500

Total Administrative Expenditures

$	83,297

Maintenance Expenditures

Engineering/Inspections

6,250

Miscellaneous Maintenance

0

Total Maintenance Expenditures

$	6,250

TOTAL EXPENDITURES

$	89,547

REVENUES LESS EXPENDITURES

$	619,707

Bond Payments

(580,280)

BALANCE

$	39,427

County Appraiser & Tax Collector Fee

(13,142)

Discounts For Early Payments

(26,285)

EXCESS/ (SHORTFALL)

$	-

DETAILED FINAL BUDGET
EVERLANDS II 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 Assessments

38,421

39,800

39,800

O&M Assessments

Developer Contribution

72,047

51,527

51,835

O&M Assessment Capped At $100

Debt Assessments

192,331

617,319

617,319

Bond Payments/.94

Debt Assessments - Direct Bill

399,492

0

0

Interest Income

2,732

120

300

Projected At $25 Per Month

TOTAL REVENUES

$	705,023

$	708,766

$	709,254

EXPENDITURES

Administrative Expenditures

Supervisor Fees

0

0

0

Management

36,000

36,000

36,972

CPI Increase

Legal

6,850

15,000

14,500

FY 2024/2025 Expenditure Through Jan 2026 Was $2,160

Assessment Roll

7,500

7,500

7,500

As Per Contract

Audit Fees

4,000

4,100

4,200

Accepted Amount For 2025/2026 Audit

Arbitrage Rebate Fee

650

650

650

No Change From 2025/2026 Budget

Insurance

5,000

6,000

6,000

FY 2025/2026 Expenditure Was $5,300

Legal Advertisements

1,502

5,000

3,500

$1,500 Decrease From 2025/2026 Budget

Miscellaneous

0

1,000

800

$200 Decrease From 2025/2026 Budget

Postage

39

300

300

No Change From 2025/2026 Budget

Office Supplies

234

1,000

800

$200 Decrease From 2025/2026 Budget

Dues & Subscriptions

175

175

175

Annual Fee Due Department Of Economic Opportunity

Trustee Fees

4,246

4,200

4,400

$200 Increase From 2025/2026 Budget

Continuing Disclosure Fee

500

1,000

1,000

No Change From 2025/2026 Budget

Dissemination Services

0

2,500

2,500

Required By Bond Underwriter

Total Administrative Expenditures

$	66,696

$	84,425

$	83,297

Maintenance Expenditures

Engineering/Inspections

4,376

5,000

6,250

$1,250 Increase From 2025/2026 Budget

Miscellaneous Maintenance

0

0

0

Total Maintenance Expenditures

$	4,376

$	5,000

$	6,250

TOTAL EXPENDITURES

$	71,072

$	89,425

$	89,547

REVENUES LESS EXPENDITURES

$	633,951

$	619,341

$	619,707

Bond Payments

(580,438)

(580,280)

(580,280)

2027 Principal & Interest Payments

BALANCE

$	53,513

$	39,061

$	39,427

County Appraiser & Tax Collector Fee

(4,012)

(13,020)

(13,142)

Two Percent Of Total Assessment Roll

Discounts For Early Payments

(8,189)

(26,041)

(26,285)

Four Percent Of Total Assessment Roll

EXCESS/ (SHORTFALL)

$	41,312

$	-

$	-

DETAILED FINAL DEBT SERVICE FUND BUDGET (SERIES 2024)
EVERLANDS II COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2026/2027
OCTOBER 1, 2026 - SEPTEMBER 30, 2027

Series 2024 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 =
Annual Interest Payments Due =

December 15th
June 15th & December 15th

Par Amount As Of 1/1/26 =

$8,515,000

III

REVENUES

FISCAL YEAR

2024/2025

ACTUAL

FISCAL YEAR

2025/2026

BUDGET

FISCAL YEAR

2026/2027

BUDGET

COMMENTS

Interest Income

20,940

400

1,000

Projected Interest For 2026/2027

NAV Tax Collection

180,946

580,280

580,280

Maximum Debt Service Collection

Developer Contribution

399,492

0

0

Total Revenues

$	601,378

$	580,680

$	581,280

EXPENDITURES

Principal Payments

125,000

130,000

140,000

Principal Payment Due In 2027

Interest Payments

387,451

445,600

439,390

Interest Payments Due In 2027

Bond Redemption

0

5,080

1,890

Estimated Excess Debt Collections

Total Expenditures

$	512,451

$	580,680

$	581,280

Excess/ (Shortfall)

$	88,927

$	-

$	-

EVERLANDS II COMMUNITY DEVELOPMENT DISTRICT ASSESSMENT COMPARISON

Fiscal Year 2024/2025
	Assessment*	

Fiscal Year 2025/2026
	Assessment*	

Fiscal Year 2026/2027
 Projected Assessment* 

O & M For Single Family Debt For Single Family 
Total For Single Family

$

100.00

$

100.00

$

100.00

 $	1,551.06

 $	1,551.06

 $	1,551.06

$

1,651.06

$

1,651.06

$

1,651.06

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

Community Information
Total: 398 Units

IV