Woodland Crossing
Community Development District

Adopted Budget
FY2027

Table of Contents

1 - 2

3 - 7

8

General Fund

General Fund Narrative

Debt Service - Series 2025

9	Amortization Schedule - Series 2025

	Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Adopted Budget	
Description	FY2026	5/31/26	4 Months	9/30/26	FY2027	

Revenues						
Assessments - On Roll	$	-	$	-	$	-	$	-	$	310,708	
Assessments - Direct	$	-	$	-	$	-	$	-	$	62,656	
Developer Contributions	$	394,678	$	47,201	$	75,017	$	122,218	$	190,315	
Interest	$	-	$	136	$	68	$	204	$	-	
Total Revenues	$	394,678	$	47,337	$	75,085	$	122,422	$	563,678	

Expenditures						
General & Administrative						
Supervisor Fees	$	12,000	$	2,400	$	7,000	$	9,400	$	12,000	
FICA Expense	$	918	$	184	$	536	$	719	$	918	
Engineering Fees	$	15,000	$	1,344	$	10,275	$	11,619	$	15,000	
Attorney Fees	$	25,000	$	4,394	$	9,052	$	13,446	$	25,000	
Annual Audit	$	5,000	$	-	$	3,600	$	3,600	$	5,000	
Assessment Administration	$	5,000	$	5,000	$	-	$	5,000	$	5,000	
Arbitrage	$	-	$	450	$	-	$	450	$	500	
Dissemination Fees	$	5,000	$	3,333	$	1,667	$	5,000	$	5,000	
Disclosure Software	$	-	$	875	$	-	$	875	$	5,000	
Trustee Fees	$	5,000	$	5,073	$	-	$	5,073	$	5,073	
Management Fees	$	40,000	$	26,667	$	13,333	$	40,000	$	40,000	
Information Technology	$	1,800	$	1,200	$	600	$	1,800	$	1,800	
Website Maintenance	$	1,200	$	2,550	$	400	$	2,950	$	1,200	
Telephone	$	300	$	-	$	80	$	80	$	300	
Postage & Delivery	$	1,000	$	34	$	163	$	197	$	1,000	
Insurance	$	5,000	$	5,000	$	-	$	5,000	$	5,500	
Copies	$	1,000	$	-	$	250	$	250	$	1,000	
Legal Advertising	$	15,000	$	567	$	4,433	$	5,000	$	5,000	
Contingencies	$	5,000	$	340	$	3,160	$	3,500	$	5,000	
Office Supplies	$	625	$	12	$	150	$	162	$	552	
Travel Per Diem	$	660	$	-	$	125	$	125	$	660	
Dues, Licenses & Subscriptions	$	175	$	175	$	-	$	175	$	175	
Total General & Administrative	$	144,678	$	59,598	$	54,824	$	114,422	$	140,678	

Operations & Maintenance Field Expenditures						
Property Insurance	$	-	$	-	$	-	$	-	$	10,000	
Field Management	$	-	$	-	$	-	$	-	$	16,500	
Landscape Maintenance	$	-	$	-	$	-	$	-	$	115,000	
Landscape Contingency	$	-	$	-	$	-	$	-	$	10,000	
Pond Maintenance	$	-	$	-	$	-	$	-	$	20,000	
Streetlights	$	-	$	-	$	-	$	-	$	32,000	
Electric	$	-	$	-	$	-	$	-	$	10,000	
Water & Sewer	$	-	$	-	$	-	$	-	$	25,000	
Irrigation Repairs	$	-	$	-	$	-	$	-	$	6,000	
General Repairs & Maintenance	$	-	$	-	$	-	$	-	$	10,000	
Contingency	$	250,000	$	1,120	$	6,880	$	8,000	$	-	
Subtotal Field Expenditures	$	250,000	$	1,120	$	6,880	$	8,000	$	254,500	

1

Description	Adopted Budget FY2026	Actuals Thru 5/31/26	Projected Next
4 Months	Projected Thru 9/30/26	Adopted Budget FY2027	

Amenity Expenditures
Amenity - Electric	$	

$	

-	$	

$		

$	17,000	
Amenity - Water	$	$	-	$	$		$	45,000	
Internet	$	$	-	$	$		$	3,000	
Pest Control	$	$	-	$	$		$	2,500	
Janitorial Services	$	$	-	$	$		$	18,000	
Security Services	$	$	-	$	$		$	25,000	
Pool Mainteance	$	$	-	$	$		$	28,000	
Amenity Repairs & Maintenance	$	$	-	$	$		$	12,500	
Amenity Access Management	$	$	-	$	$		$	10,000	
Holiday Decorations	$	$	-	$	$		$	7,500	
Contingency	$	$	-	$	$		$	-	
Subtotal Amenity Expenditures	$	-	$	-	$	-	$	-	$	168,500	

-	-	-
-	-	-
-	-	-
-	-	-
-	-	-
-	-	-
-	-	-
-	-	-
-	-	-
-	-	-
-	-	-

Total Operations & Maintenance	$	250,000	$	1,120	$	6,880	$	8,000	$	423,000	
						
Total Expenditures	$	394,678	$	60,718	$	61,704	$	122,422	$	563,678	
						
Excess Revenues/(Expenditures)	$	-	$	(13,381)	$	13,381	$	-	$	-	

Net Assessments	$	373,363	
Add: Discounts & Collections 6%	$	23,832	
Gross Assessments	$	397,195	

Product	
Assessable Units	
ERU	
Total ERU's	Net Assessment	
Net Per Unit	
Gross Per Unit	

Single Family - 50'	
202	
1.00	
202.00	
$	199,374	
$	987.00	
$	1,050.00	
Single Family - 60'	94	1.20	112.80	$	111,334	$	1,184.40	$	1,260.00	
Unplatted	238			$	62,656			
Total Tax Roll	534		314.80	$	373,363			

Revenues:

Assessments

The District will levy a non-ad valorem assessment on all assessable property within the District to fund all general operating and maintenance expenditures during 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 Expense

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

Engineering Fees

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 Fees

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.

Assessment Administration

The District has contracted to levy and administer the collection of non-ad valorem assessment on all assessable property within the District.

Arbitrage

The District contracted with an independent certified public accountant to annually calculate the District’s Arbitrage Rebate Liability on its Series 2025 bond issue.

Dissemination Fees

The District is required by the Security and Exchange Commission to comply with Rule 15c2-12(b)(5) which relates to additional reporting requirements for unrated bond issues.

Disclosure Software

The District has contracted with DTS to provide software platform for filing various reports required in accordance with the Continuing Disclosure Agreements for the various bond issue(s).

Trustee Fees

The District will incur trustee related costs with the issuance of its’ Series 2025 and for the various bond issue(s).

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.

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 agenda materials 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 Expenditures

Property Insurance

The District’s property insurance coverages.

Field Management

The District has contracted with Governmental Management Services – Central Florida, LLC to provide onsite field management of contracts for the District such as landscape maintenance. Services can include onsite inspections, meetings with contractors, monitoring of utility accounts, attend Board meetings and receive and respond to property owner phone calls and emails.

Landscape Maintenance

These services include monthly landscape maintenance such as mowing of turf areas, pruning and trimming, plant bed weed control, fertilization and irrigation inspections located within the District.

Landscape Contingency

Represents the unexpected repairs and/or replacement of landscaping within the common areas of the District.

Pond Maintenance

Represents the routine care and management of the pond(s) within the District.

Streetlights

Represents the cost to maintain street lights within the District boundaries that are expected to be in place throughout the fiscal year.

Electric

Represents the electric charges of common areas throughout the District.

Water & Sewer

Represents the costs for water and refuse services provided for common areas throughout the District.

Irrigation Repairs

Represents the cost of maintaining and repairing the irrigation system. This includes the sprinklers, and irrigation wells.

General Repairs & Maintenance

Represents the costs for general repairs and maintenance of the District’s common areas.

Contingency

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

Amenity Expenditures

Amenity - Electric

Represents the electric charges for the District’s amenity facilities.

Amenity – Water

Represents the water charges for the District’s amenity facilities.

Internet

Represents the Internet service for use at the Amenity Center.

Pest Control

The District will incur costs for pest control treatments to its amenity facilities.

Janitorial Services

Represents the costs to provide janitorial services and supplies for the District’s amenity facilities.

Security Services

Represents the cost of contracting a monthly security service for the District’s amenity facilities.

Pool Maintenance

Represents the costs of regular cleaning and treatments of the District’s pool.

Amenity Repairs & Maintenance

Represents the costs for repairs and maintenance of the District’s amenity facilities.

Amenity Access Management

Provides access card issuance through registration, proof of residency, and photo identification. The team also provides keycard troubleshooting for issues and concerns related to access control. Staff reviews security concerns and amenity policy violations via remote camera monitoring on an as-needed basis. Districts are provided electronic communication for District news and direct remote customer service through phone and email directly to the Amenity Access Team.

Holiday Decorations

Represents the cost of adding holiday lighting to the district’s amenities annually.

Contingency

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

Other Expenditures:

Capital Reserves - Transfer

Funds collected and reserved for the replacement of and/or purchase of new capital improvements throughout the District.

Woodland Crossing
Community Development District Adopted Budget
Debt Service Fund Series 2025

	Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Adopted Budget	
Description	FY2026	5/31/26	4 Months	9/30/26	FY2027	

Revenues						
Assessments	$	421,425	$	-	$	421,425	$	421,425	$  1,026,493	
Interest	$	500	$	38,829	$	8,000	$	46,829	$	10,000	
Carry Forward Surplus (1)	$	848,042	$	859,921	$	-	$	859,921	$	455,916	
Total Revenues	$ 1,269,967	$	898,749	$	429,425	$	1,328,174	$ 1,492,409	

Expenditures						
Interest - 11/1	$	426,107	$	426,107	$	-	$	426,107	$	421,425	
Principal - 5/1	$	-	$	-	$	-	$	-	$	190,000	
Interest - 5/1	$	421,425	$	421,425	$	-	$	421,425	$	421,425	
Total Expenditures	$	847,532	$	847,533	$	-	$	847,533	$ 1,032,850	

Other Sources/(Uses)						
Transfer In/(Out)	$	-	$	(24,726)	$	-	$	(24,726)	$	-	
Total Other Sources/(Uses)	$	-	$	(24,726)	$	-	$	(24,726)	$	-	
						
Excess Revenues/(Expenditures)	$	422,434	$	26,491	$	429,425	$	455,916	$	459,559	

(1) Carryforward Surplus is net of Debt Service Reserve Funds

Interest - 11/1  $

416,793.75

	Product	Assessable Units	Net Assessment	Net Per Unit	Gross Per Unit	
	Single Family 50'	200	$	654,726.92	$	3,273.63	$	3,482.59	
	Single Family 50' - Paid Down	2	$	2,500.00	$	1,250.00	$	1,329.79	
	Single Family 60'	94	$	369,266.16	$	3,928.36	$	4,179.11	
Total		296	$	1,026,493			

Woodland Crossing Community Development District Series 2025 Special Assessment Bonds Amortization Schedule

Date	Balance	Prinicpal	Interest	Total

11/01/26	$	13,480,000.00	$	
05/01/27	$	13,480,000.00	$	190	
11/01/27	$	13,480,000.00	$	
05/01/28	$	13,480,000.00	$	200	
11/01/28	$	13,480,000.00	$	
05/01/29	$	13,480,000.00	$	210	
11/01/29	$	13,480,000.00	$	
05/01/30	$	13,480,000.00	$	220	
11/01/30	$	13,480,000.00	$	
05/01/31	$	13,480,000.00	$	230	
11/01/31	$	12,195,000.00		
05/01/32	$	12,195,000.00	$	245	
11/01/32	$	12,195,000.00	$	
05/01/33	$	12,195,000.00	$	255	
11/01/33	$	12,195,000.00	$	
05/01/34	$	12,195,000.00	$	270	
11/01/34	$	12,195,000.00	$	
05/01/35	$	12,195,000.00	$	285	
11/01/35	$	12,195,000.00	$	
05/01/36	$	12,195,000.00	$	300	
11/01/36	$	11,895,000.00	$	
05/01/37	$	11,895,000.00	$	320	
11/01/37	$	11,575,000.00	$	
05/01/38	$	11,575,000.00	$	335	
11/01/38	$	11,240,000.00	$	
05/01/39	$	11,240,000.00	$	360	
11/01/39	$	10,880,000.00	$	
05/01/40	$	10,880,000.00	$	380	
11/01/40	$	10,500,000.00	$	
05/01/41	$	10,500,000.00	$	405	
11/01/41	$	9,670,000.00	$	
05/01/42	$	8,225,000.00	$	425	
11/01/42	$	8,225,000.00	$	
05/01/43	$	8,225,000.00	$	455	
11/01/43	$	8,225,000.00	$	
05/01/44	$	8,225,000.00	$	480	
11/01/44	$	8,225,000.00	$	
05/01/45	$	8,225,000.00	$	510	
11/01/45	$	8,225,000.00	$	
05/01/46	$	8,225,000.00	$	540	
11/01/46	$	7,685,000.00	$	
05/01/47	$	7,685,000.00	$	575	
11/01/47	$	7,110,000.00	$	
05/01/48	$	7,110,000.00	$	610	
11/01/48	$	6,500,000.00	$	
05/01/49	$	6,500,000.00	$	650	
11/01/49	$	5,850,000.00	$	
05/01/50	$	5,850,000.00	$	690	
11/01/50	$	5,160,000.00	$	
05/01/51	$	5,160,000.00	$	735	
11/01/51	$	4,425,000.00	$	
05/01/52	$	4,425,000.00	$	780	
11/01/52	$	3,645,000.00	$	
05/01/53	$	3,645,000.00	$	830	
11/01/53	$	2,815,000.00	$	
05/01/54	$	2,815,000.00	$	880	
11/01/54	$	1,935,000.00	$	
05/01/55	$	1,935,000.00	$	940	
11/01/55	$	995,000.00	$	
05/01/56	$	995,000.00	$	995	

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$
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421,425.00  $
421,425.00
416,793.75  $
416,793.75
411,918.75  $
411,918.75
406,800.00  $
406,800.00
401,437.50  $
401,437.50
395,543.75  $
395,543.75
389,265.63  $
389,265.63
382,731.25  $
382,731.25
375,812.50  $
375,812.50
368,509.38  $
368,509.38
359,696.88  $
359,696.88
350,296.88  $
350,296.88
340,456.25  $
340,456.25
329,881.25  $
329,881.25
318,718.75  $
318,718.75
306,821.88  $
306,821.88
294,337.50  $
294,337.50
280,971.88  $
280,971.88
266,871.88  $
266,871.88
251,890.63  $
251,890.63
235,353.13  $
235,353.13
217,743.75  $
217,743.75
199,062.50  $
199,062.50
179,156.25  $
179,156.25
158,025.00  $
158,025.00
135,515.63  $
135,515.63
111,628.13  $
111,628.13
86,209.38  $
86,209.38
59,259.38  $
59,259.38  $
30,471.88  $
30,471.88  $

842,850.00

1,028,218.75

1,028,712.50

1,028,718.75

1,028,237.50

1,026,981.25

1,029,809.38

1,026,996.88

1,028,543.75

1,029,321.88

1,028,206.25

1,029,993.75

1,025,753.13

1,030,337.50

1,028,600.00

1,030,540.63

1,026,159.38

1,030,309.38

1,027,843.75

1,028,762.50

1,027,243.75

1,028,096.88

1,026,806.25

1,028,218.75

1,027,181.25

1,028,540.63

1,027,143.75

1,027,837.50

1,025,468.75
- 1,029,731.25
1,025,471.88

$	14,300,000.00  $	16,965,212.50  $	31,686,637.50