Tree Island Estates Community Development District

Proposed Budget For Fiscal Year 2026/2027
October 1, 2026 - September 30, 2027

CONTENTS

I

PROPOSED BUDGET

II

DETAILED PROPOSED BUDGET

III

DETAILED PROPOSED DEBT SERVICE FUND BUDGET

IV

ASSESSMENT COMPARISON

PROPOSED BUDGET
TREE ISLAND ESTATES COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2026/2027
OCTOBER 1, 2026 - SEPTEMBER 30, 2027

I

REVENUES

FISCAL YEAR 2026/2027 BUDGET

Administrative Assessments

78,361

Maintenance Assessments

107,747

Debt Assessments

124,424

Other Revenues

0

Interest Income

1,320

TOTAL REVENUES

$	311,852

ADMINISTRATIVE EXPENDITURES

Supervisor Fees

5,000

Employer Taxes - Payroll

400

Management

29,604

Secretarial

3,900

Legal

9,250

Assessment Roll

6,000

Audit Fees

3,700

Insurance

8,200

Legal Advertisements

2,100

Miscellaneous

1,200

Postage

250

Office Supplies

400

Website

750

Dues & Subscriptions

175

Trustee Fee

3,700

Continuing Disclosure Fee

350

TOTAL ADMINISTRATIVE EXPENDITURES

$	74,979

MAINTENANCE EXPENDITURES

Aquatic Maintenance

3,500

Lawn/Landscape Maintenance

25,000

Preserve Maintenance

16,000

Maintenance Contingency (Electric, Etc.)

5,500

Irrigation System Maintenance

2,860

Entrance Feature

1,000

Storm Drainage/Class V Permit

3,500

Security Camera Maintenance/Internet

7,000

Debris Removal

10,000

Capital Improvements Projects

24,422

Engineering/Inspections

2,500

TOTAL MAINTENANCE EXPENDITURES

$	101,282

TOTAL EXPENDITURES

$	176,261

REVENUES LESS EXPENDITURES

$	135,591

Bond Payments

(116,959)

Balance

$	18,632

County Appraiser & Tax Collector Fee

(6,211)

Discounts For Early Payments

(12,421)

EXCESS/ (SHORTFALL)

$	-

Carryover From Prior Year

0

NET EXCESS/ (SHORTFALL)

$	-

DETAILED PROPOSED BUDGET
TREE ISLAND ESTATES 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

Administrative Assessments

76,250

76,754

78,361

Expenditures Less Interest/.94

Maintenance Assessments

44,785

43,596

107,747

Expenditures Less Carryover/.94

Debt Assessments

124,426

124,424

124,424

Bond Payments/.94

Other Revenues

600

0

0

Interest Income

6,077

1,200

1,320

Estimated At $110 Per Month

TOTAL REVENUES

$	252,138

$	245,974

$	311,852

ADMINISTRATIVE EXPENDITURES

Supervisor Fees

2,400

5,000

5,000

No Change From 2025/2026 Budget

Employer Taxes - Payroll

184

400

400

Projected At 8% Of Supervisor Fees

Management

28,020

28,824

29,604

CPI Adjustment

Secretarial

3,900

3,900

3,900

No Change From 2025/2026 Budget

Legal

7,385

9,250

9,250

No Change From 2025/2026 Budget

Assessment Roll

6,000

6,000

6,000

No Change From 2025/2026 Budget

Audit Fees

3,500

3,600

3,700

Accepted Amount For 2025/2026 Audit

Insurance

7,321

7,700

8,200

Fiscal Year 2025/2026 Expenditure Was $7,618

Legal Advertisements

2,138

2,100

2,100

No Change From 2025/2026 Budget

Miscellaneous

1,959

1,000

1,200

$200 Increase From 2025/2026 Budget

Postage

65

250

250

No Change From 2025/2026 Budget

Office Supplies

234

450

400

$50 Decrease From 2025/2026 Budget

Website

750

750

750

No Change From 2025/2026 Budget

Dues & Subscriptions

175

175

175

No Change From 2025/2026 Budget

Trustee Fee

3,709

3,600

3,700

$100 Increase From 2025/2026 Budget

Continuing Disclosure Fee

350

350

350

No Change From 2025/2026 Budget

TOTAL ADMINISTRATIVE EXPENDITURES

$	68,090

$	73,349

$	74,979

MAINTENANCE EXPENDITURES

Aquatic Maintenance

3,199

3,500

3,500

No Change From 2025/2026 Budget

Lawn/Landscape Maintenance

16,514

25,000

25,000

No Change From 2025/2026 Budget

Preserve Maintenance

17,574

16,000

16,000

No Change From 2025/2026 Budget

Maintenance Contingency (Electric, Etc.)

19,454

5,500

5,500

No Change From 2025/2026 Budget

Irrigation System Maintenance

0

2,860

2,860

No Change From 2025/2026 Budget

Entrance Feature

0

1,000

1,000

No Change From 2025/2026 Budget

Storm Drainage/Class V Permit

0

3,500

3,500

No Change From 2025/2026 Budget

Security Camera Maintenance/Internet

17,935

7,000

7,000

No Change From 2025/2026 Budget

Debris Removal

7,400

0

10,000

Debris Removal

Capital Improvements Projects

0

0

24,422

Capital Improvements Projects

Engineering/Inspections

1,835

2,500

2,500

No Change From 2025/2026 Budget

TOTAL MAINTENANCE EXPENDITURES

$	83,911

$	66,860

$	101,282

TOTAL EXPENDITURES

$	152,001

$	140,209

$	176,261

REVENUES LESS EXPENDITURES

$	100,137

$	105,765

$	135,591

Bond Payments

(118,686)

(116,959)

(116,959)

2027 Principal & Interest Payments

Balance

$	(18,549)

$	(11,194)

$	18,632

County Appraiser & Tax Collector Fee

(2,362)

(4,895)

(6,211)

Two Percent Of Total Assessment Roll

Discounts For Early Payments

(8,933)

(9,791)

(12,421)

Four Percent Of Total Assessment Roll

EXCESS/ (SHORTFALL)

$	(29,844)

$	(25,880)

$	-

Carryover From Prior Year

0

25,880

0

Carryover From Prior Year

NET EXCESS/ (SHORTFALL)

$	(29,844)

$	-

$	-

DETAILED PROPOSED DEBT SERVICE BUDGET
TREE ISLAND ESTATES COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2026/2027
OCTOBER 1, 2026 - SEPTEMBER 30, 2027

Series 2023 Bond Modification Information

Original Par Amount = Interest Rate = Modification Date = Maturity Date =
Par Amount As Of 1/1/26 =

$953,000 5.68%
May 2023
May 2034
$821,000

Annual Principal Payments Due = Annual Interest Payments Due =

May 1st
May 1st & November 1st

III

REVENUES

FISCAL YEAR 2024/2025
ACTUAL

FISCAL YEAR 2025/2026
BUDGET

FISCAL YEAR 2026/2027
BUDGET

COMMENTS

Interest Income

1,169

400

500

Projected Interest For 2026/2027

NAV Tax Collection

118,686

116,959

116,959

Maximum Debt Service Collection

Total Revenues

$	119,855

$	117,359

$	117,459

EXPENDITURES

Principal Payments

68,000

68,000

76,000

Principal Payment Due In 2027

Interest Payments

50,495

48,564

40,385

Interest Payments Due In 2027

Bond Redemption

0

795

1,074

Estimated Excess Debt Collections

Total Expenditures

$	118,495

$	117,359

$	117,459

Excess/ (Shortfall)

$	1,360

$	-

$	-

Tree Island Estates CDD Assessment Comparison

Fiscal Year

Fiscal Year

Fiscal Year

Fiscal Year

2023/2024

2024/2025

2025/2026

2026/2027

Assessment

Assessment

Assessment

Projected Assessment

Before Discount*

Before Discount*

Before Discount*

Before Discount*

Administrative
Maintenance Debt
Total

$
$

270.06
169.28

$
$

275.85
163.45

$
$

280.13
159.11

$
$

285.99
393.25

 $	454.11

 $	454.11

 $	454.11

$	454.11

$

893.45

$

893.41

$

893.35

$

1,133.35

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

 Community Information:	

Total Units

274

IV