Woodland Crossing
Community Development District

Proposed Budget
FY2026

6M3

Table of Contents

1		General Fund

2-3		General Fund Narrative

Community Development District
Proposed Budget General Fund

	Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Proposed Budget	
Description	FY2025	2/28/25	7 Months	9/30/25	FY2026	

Revenues						
Developer Contributions	$	224,678	$	18,314	$	104,233	$	122,546	$	379,678	
Total Revenues	$	224,678	$	18,314	$	104,233	$	122,546	$	379,678	

Expenditures						
General & Administrative						
Supervisor Fees	$	12,000	$	-	$	7,000	$	7,000	$	12,000	
FICA Expense	$	918	$	-	$	536	$	536	$	918	
Engineering Fees	$	15,000	$	3,685	$	7,370	$	11,055	$	15,000	
Attorney Fees	$	25,000	$	418	$	585	$	1,003	$	25,000	
Annual Audit	$	-	$	-	$	-	$	-	$	5,000	
Management Fees	$	40,000	$	16,667	$	23,333	$	40,000	$	40,000	
Information Technology	$	1,800	$	750	$	1,050	$	1,800	$	1,800	
Website Maintenance	$	1,200	$	500	$	700	$	1,200	$	1,200	
Telephone	$	300	$	-	$	150	$	150	$	300	
Postage & Delivery	$	1,000	$	8	$	350	$	358	$	1,000	
Insurance	$	5,000	$	3,740	$	-	$	3,740	$	5,000	
Copies	$	1,000	$	-	$	500	$	500	$	1,000	
Legal Advertising	$	15,000	$	111	$	4,129	$	4,240	$	15,000	
Contingencies	$	5,000	$	214	$	300	$	515	$	5,000	
Office Supplies	$	625	$	0	$	150	$	150	$	625	
Travel Per Diem	$	660	$	-	$	125	$	125	$	660	
Dues, Licenses & Subscriptions	$	175	$	175	$	-	$	175	$	175	
Total General & Administrative	$	124,678	$	26,268	$	46,278	$	72,546	$	129,678	

Operations & Maintenance Field Expenditures						
Contingency	$	100,000	$	-	$	50,000	$	50,000	$	250,000	
Subtotal Field Expenditures	$	100,000	$	-	$	50,000	$	50,000	$	250,000	
						
Total Operations & Maintenance	$	100,000	$	-	$	50,000	$	50,000	$	250,000	
						
Total Expenditures	$	224,678	$	26,268	$	96,278	$	122,546	$	379,678	
						
Excess Revenues/(Expenditures)	$	-	$	(7,954)  $	7,954	$	-	$	-	

1

Revenues:

Developer Contributions

The District will enter into a funding agreement with the Developer to fund the General Fund expenditures for the Fiscal Year.

Expenditures:

General & Administrative:

Supervisor Fees

Chapter 190, Florida Statutes, allows for each Board member to receive $200 per meeting, not to exceed
$4,800 per year paid to each Supervisor for the time devoted to District business and meetings.

FICA Expenditures

Represents the Employer’s share of Social Security and Medicare taxes withheld from Board of Supervisors checks.

Engineering

The District's engineer will be providing general engineering services to the District, e.g. attendance and preparation for monthly board meetings, review invoices and various projects as directed by the Board of Supervisors and the District Manager.

Attorney

The District's legal counsel will be providing general legal services to the District, e.g. attendance and preparation for meetings, preparation and review of agreements, resolutions, etc. as directed by the Board of Supervisors and the District Manager.

Annual Audit

The District is required by Florida Statutes to arrange for an independent audit of its financial records on an annual basis.

Management Fees

The District receives Management, Accounting and Administrative services as part of a Management Agreement with Governmental Management Services-Central Florida, LLC. The services include but are not limited to, recording and transcription of board meetings, administrative services, budget preparation, all financial reports, annual audits, etc.

Information Technology

Represents costs with Governmental Management Services – Central Florida, LLC related to the District’s information systems, which include but are not limited to video conferencing services, cloud storage services and servers, security, accounting software, etc.

2

Website Maintenance

Represents the costs with Governmental Management Services – Central Florida, LLC associated with monitoring and maintaining the District’s website created in accordance with Chapter 189, Florida Statutes. These services include site performance assessments, security and firewall maintenance, updates, document uploads, hosting and domain renewals, website backups, etc.

Telephone

Telephone and fax machine.

Postage & Delivery

The District incurs charges for mailing of Board meeting agenda packages, overnight deliveries, correspondence, etc.

Insurance

The District’s general liability and public official’s liability insurance coverages.

Copies

Printing and Binding agenda packages for board meetings, printing of computerized checks, stationary, envelopes, etc.

Legal Advertising

The District is required to advertise various notices for monthly Board meetings, public hearings, etc. in a newspaper of general circulation.

Contingencies

Bank charges and any other miscellaneous expenses incurred during the year.

Office Supplies

Any supplies that may need to be purchased during the fiscal year, e.g., paper, minute books, file folders, labels, paper clips, etc.

Travel Per Diem

The Board of Supervisors can be reimbursed for travel expenditures related to the conducting of District business.

Dues, Licenses & Subscriptions

The District is required to pay an annual fee to the Florida Department of Economic Opportunity for
$175. This is the only expense under this category for the District.

Operations & Maintenance:

Field Expenses

Contingency
Represents funds allocated to expenses that the District could incur throughout the fiscal year that do not fit into any field category.	3