Meadow Pines Community Development District

Final Budget For Fiscal Year 2025/2026
October 1, 2025 - September 30, 2026

CONTENTS

FINAL BUDGET

DETAILED FINAL BUDGET

DETAILED FINAL DEBT SERVICE FUND BUDGET

ASSESSMENT COMPARISON

FINAL BUDGET
MEADOW PINES COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2025/2026
OCTOBER 1, 2025 - SEPTEMBER 30, 2026

REVENUES	
FISCAL YEAR 2025/2026 BUDGET	
O&M Assessments	96,110	
Debt Assessments	690,183	
Other Revenue	200	
Interest Income	1,200	
		
TOTAL REVENUES	$	787,693	
		
EXPENDITURES		
Supervisor Fees	2,400	
Payroll Taxes	200	
Engineering	4,000	
Management	16,188	
Legal	8,500	
Assessment Roll	6,000	
Audit Fees	3,700	
Arbitrage Rebate Fee	600	
Insurance	7,500	
Legal Advertisements	1,500	
Miscellaneous	550	
Postage	150	
Office Supplies	250	
Dues & Subscriptions	175	
Trustee Fees	7,100	
Continuing Disclosure Fee	1,000	
Website Management	2,000	
Stormwater Management	20,000	
Perimeter Fence Repairs	7,230	
Miscellaneous Maintenance	1,500	
Reserve	1,200	
TOTAL EXPENDITURES	$	91,743	
		
REVENUES LESS EXPENDITURES	$	695,950	
		
Bond Payments	(648,772)	
		
BALANCE	$	47,178	
		
County Appraiser & Tax Collector Fee	(15,726)	
Discounts For Early Payments	(31,452)	
		
EXCESS/ (SHORTFALL)	$	-	
		
Carryover From Prior Year	0	
		
NET EXCESS / (SHORTFALL)	$	-	

DETAILED FINAL BUDGET
MEADOW PINES COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2025/2026
OCTOBER 1, 2025 - SEPTEMBER 30, 2026

REVENUES	
FISCAL YEAR 2023/2024 ACTUAL	
FISCAL YEAR 2024/2025 BUDGET	
FISCAL YEAR 2025/2026 BUDGET	

COMMENTS	
O&M Assessments	98,137	96,156	96,110	Expenditures Less Interest, Other Revenues & Carryover/.94	
Debt Assessments	693,577	690,183	690,183	Bond Payments/.94	
Other Revenue	179	200	200	Pollution Insurance Reimbursement	
Interest Income	7,746	600	1,200	Projected At $100 Per Month	
					
TOTAL REVENUES	$	799,639	$	787,139	$	787,693		
					
EXPENDITURES					
Supervisor Fees	1,800	2,400	2,400	No Change From 2024/2025 Budget	
Payroll Taxes	138	200	200	Projected At 8 Percent Of Supervisor Fees	
Engineering	2,650	5,000	4,000	$1,000 Decrease From 2024/2025 Budget	
Management	15,276	15,732	16,188	CPI Adjustment	
Legal	8,597	8,500	8,500	No Change From 2024/2025 Budget	
Assessment Roll	6,000	6,000	6,000	As Per Contract	
Audit Fees	3,500	3,600	3,700	$100 Increase From 2024/2025 Budget	
Arbitrage Rebate Fee	600	600	600	No Change From 2024/2025 Budget	
Insurance	6,773	7,300	7,500	Fiscal Year 2024/2025 Expenditure Was $7,037	
Legal Advertisements	599	1,700	1,500	$200 Decrease From 2024/2025 Budget	
Miscellaneous	751	550	550	No Change From 2024/2025 Budget	
Postage	174	150	150	No Change From 2024/2025 Budget	
Office Supplies	180	250	250	No Change From 2024/2025 Budget	
Dues & Subscriptions	175	175	175	No Change From 2024/2025 Budget	
Trustee Fees	6,815	7,200	7,100	$100 Decrease From 2024/2025 Budget	
Continuing Disclosure Fee	1,000	1,000	1,000	No Change From 2024/2025 Budget	
Website Management	2,000	2,000	2,000	No Change From 2024/2025 Budget	
Stormwater Management	18,280	20,000	20,000	No Change From 2024/2025 Budget	
Perimeter Fence Repairs	0	5,230	7,230	$2,000 Increase From 2024/2025 Budget	
Miscellaneous Maintenance	20,466	2,500	1,500	Drainage Structures & Catch Basin Maintenance	
Reserve	0	1,100	1,200	Reserve	
TOTAL EXPENDITURES	$	95,774	$	91,187	$	91,743		
					
REVENUES LESS EXPENDITURES	$	703,865	$	695,952	$	695,950		
					
Bond Payments	(653,157)	(648,772)	(648,772)	2026 P & I Payments Less Earned Interest	
					
BALANCE	$	50,708	$	47,180	$	47,178		
					
County Appraiser & Tax Collector Fee	(16,769)	(15,726)	(15,726)	Two Percent Of Total Assessment Roll	
Discounts For Early Payments	(29,274)	(31,454)	(31,452)	Four Percent Of Total Assessment Roll	
					
EXCESS/ (SHORTFALL)	$	4,665	$	-	$	-		
					
Carryover From Prior Year	0	0	0	Carryover From Prior Year	

NET EXCESS / (SHORTFALL)	
$	4,665	
$	-	
$	-		

DETAILED FINAL DEBT SERVICE BUDGET
MEADOW PINES COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2025/2026
OCTOBER 1, 2025 - SEPTEMBER 30, 2026

REVENUES	FISCAL YEAR 2023/2024 ACTUAL	FISCAL YEAR 2024/2025 BUDGET	FISCAL YEAR 2025/2026 BUDGET	

COMMENTS	

Interest Income	
33,586	
1,000	
2,000	
Projected Interest For 2025/2026	

NAV Tax Collection	
653,157	
648,772	
648,772	
Maximum Debt Service Collection	

Prepaid Bond Collection	
0	
0	
0	
Prepaid Bond Collection	

Total Revenues	
$	686,743	
$	649,772	
$	650,772		

EXPENDITURES					

Principal Payments (2014A-1)	
330,000	
345,000	
360,000	
Principal Payment Due In 2026	

Principal Payments (2014A-2)	
65,000	
65,000	
70,000	
Principal Payment Due In 2026	

Bond Redemption	
0	
5,329	
5,208	
Estimated Excess Debt Collections	

Interest Payments (2014A-1)	
203,309	
183,374	
168,464	
Interest Payments Due In 2026	

Interest Payments (2014A-2)	
56,675	
51,069	
47,100	
Interest Payments Due In 2026	

TOTAL EXPENDITURES	
$	654,984	
$	649,772	
$	650,772		

EXCESS/ (SHORTFALL)	
$	31,759	
$	-	
$	-		

Series 2014A-1 Bond Refunding Information	
Original Par Amount =	$7,125,000	Annual Principal Payments Due =	May 1st	
Interest Rate = Issue Date = Maturity Date =	1.05% - 4.625%
May 2014
May 2034	Annual Interest Payments Due =	May 1st & November 1st	
Par Amount As Of 1/1/25 =	$4,235,000			

Series 2014A-2 Bond Refunding Information	
Original Par Amount =	$1,385,000	Annual Principal Payments Due =	May 1st	
Interest Rate = Issue Date = Maturity Date =	5.75% - 6.00%
May 2014
May 2034	Annual Interest Payments Due =	May 1st & November 1st	
Par Amount As Of 1/1/25 =	$885,000			

Meadow Pines Community Development District Assessment Comparison

Fiscal Year	Fiscal Year	Fiscal Year	Fiscal Year	Fiscal Year	
2021/2022	2022/2023	2023/2024	2024/2025	2025/2026	
Assessment	Assessment	Assessment	Assessment	Projected Assessment	
Before Discount*	Before Discount*	Before Discount*	Before Discount*	Before Discount*	

O&M Assessment For Phase 1	
$	
64.49	
$	
124.49	

$	124.49	

$	124.24	
$	
124.18	
Debt Assessment For Phase 1	$	834.02	$	834.02	 $	834.02	 $	834.02	$	834.02	
Total For Phase 1	$	898.51	$	958.51	$	958.51	$	958.26	$	958.20	

O&M Assessment For Phase 2	
$	64.49	
$	124.49	
$	124.49	
$	124.24	
$	124.18	
Debt Assessment For Phase 2	$	964.50	$	964.50	 $	964.50	 $	964.50	$	964.50	
Total For Phase 2	$	1,028.99	$	1,088.99	$	1,088.99	$	1,088.74	$	1,088.68	

* Assessments Include the Following:			Phase 1 Information		
4% Discount for Early Payments			Total Units	418	
1% County Tax Collector Fee			Prepayments	1	
1% County Property Appraiser Fee			Billed For Debt	417	
Community Information:			
Phase 2 Information		
Phase One	418		Total Units	356	
Phase Two	356		Prepayments	1	
Total Units	774		Billed For Debt	355	

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