Meadow Pines 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

AMENDED FINAL BUDGET
MEADOW PINES COMMUNITY DEVELOPMENT DISTRICT OPERATING FUND
FISCAL YEAR 2024/2025 OCTOBER 1, 2024 - SEPTEMBER 30, 2025

I

10/2/2025 12:04 PM

$47,888

$14,297

$62,185

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

96,156

97,895

97,895

Debt Assessments

690,183

693,577

693,577

Other Revenues

200

179

179

Interest Income

600

5,900

5,706

TOTAL REVENUES

$	787,139

$	797,551

$	797,357

EXPENDITURES

Supervisor Fees

2,400

1,800

1,800

Payroll Taxes

200

138

138

Engineering

5,000

2,500

0

Management

15,732

15,732

15,732

Legal

8,500

8,100

7,043

Assessment Roll

6,000

6,000

6,000

Audit Fees

3,600

3,600

3,600

Arbitrage Rebate Fee

600

600

0

Insurance

7,300

7,037

7,037

Legal Advertisements

1,700

1,200

670

Miscellaneous

550

1,200

1,055

Postage

150

150

134

Office Supplies

250

200

172

Dues & Subscriptions

175

175

175

Trustee Fees

7,200

7,435

7,435

Continuing Disclosure Fee

1,000

1,000

1,000

Website Management

2,000

2,000

2,000

Stormwater Management

20,000

20,000

16,706

Perimeter Fence Repairs

5,230

2,615

0

Miscellaneous Maintenance (Repairs, Etc.)

2,500

1,500

549

Reserve

1,100

1,100

0

TOTAL EXPENDITURES

$	91,187

$	84,082

$	71,246

REVENUES LESS EXPENDITURES

$	695,952

$	713,469

$	726,111

Bond Payments

(648,772)

(653,311)

(653,311)

BALANCE

$	47,180

$	60,158

$	72,800

County Appraiser & Tax Collector Fee

(15,726)

(16,771)

(16,771)

Discounts For Early Payments

(31,454)

(29,090)

(29,090)

EXCESS/ (SHORTFALL)

$	-

$	14,297

$	26,939

Carryover From Prior Year

0

0

0

NET EXCESS/ (SHORTFALL)

$	-

$	14,297

$	26,939

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

Notes
Reserve Fund (2014-1) Balance = $265,017*. Reserve Fund (2014-2) Balance = $60,100*. Revenue Fund Balance = $331,533*.
Revenue Fund Balance To Be Used To Make 2014-1 11/1/2025 Interest Payment Of $88,237 and 2014-2 11/1/2025 Interest Payment Of $26,600.
* Approximate Amounts

Series 2014-1 Bond Refunding Information

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

$7,125,000 1.05% - 4.625%
May 2014
May 2034

Annual Principal Payments Due: May 1st
Annual Interest Payments Due: May 1st & November 1st

Par Amount As Of 9/30/25 =

$3,890,000

Series 2014-2 Bond Refunding Information

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

$1,385,000 5.75% - 6.00%
May 2014
May 2034

Annual Principal Payments Due: May 1st
Annual Interest Payments Due: May 1st & November 1st

Par Amount As Of 9/30/25 =

$820,000

II

10/2/2025 12:04 PM

$629,751

$26,899

$656,650

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

Interest Income

1,000

26,800

26,684

NAV Tax Collection

648,772

653,311

653,311

Prepaid Bond Collection

0

0

0

Total Revenues

$	649,772

$	680,111

$	679,995

EXPENDITURES

Principal Payments (2014A-1)

345,000

345,000

345,000

Principal Payments (2014A-B)

65,000

65,000

65,000

Bond Redemption

5,329

0

0

Interest Payments (2014A-1)

183,374

190,274

190,274

Interest Payments (2014A-B)

51,069

52,938

52,938

Total Expenditures

$	649,772

$	653,212

$	653,211

Excess/ (Shortfall)

$	-

$	26,899

$	26,783