Kendall Breeze 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
KENDALL BREEZE COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2026/2027
OCTOBER 1, 2026 - SEPTEMBER 30, 2027

I

REVENUES

FISCAL YEAR 2026/2027 BUDGET

Administrative Assessments

89,789

Maintenance Assessments

262,234

Debt Assessments

431,824

Other Revenues

0

Interest Income

1,560

TOTAL REVENUES

$	785,407

EXPENDITURES

MAINTENANCE EXPENDITURES

Maintenance/Contingency

12,500

Roadway Improvements/Reserve

205,000

Drainage-Stormwater Management/Reserve

56,000

Traffic Enforcement - Off-Duty Police

10,000

Engineering/Inspections

13,000

TOTAL MAINTENANCE EXPENDITURES

$	296,500

ADMINISTRATIVE EXPENDITURES

Supervisor Fees

5,000

Payroll Taxes (Employer)

400

Management

36,612

Secretarial

6,000

Legal

11,500

Assessment Roll

6,000

Audit Fees

3,700

Insurance

9,700

Legal Advertisements

2,500

Miscellaneous

850

Postage

900

Office Supplies

625

Dues & Subscriptions

175

Website Management

2,000

TOTAL ADMINISTRATIVE EXPENDITURES

$	85,962

TOTAL EXPENDITURES

$	382,462

REVENUES LESS EXPENDITURES

$	402,945

Bond Payments

(405,915)

BALANCE

$	(2,970)

County Appraiser & Tax Collector Fee

(15,676)

Discounts For Early Payments

(31,354)

EXCESS/ (SHORTFALL)

$	(50,000)

Carryover From Prior Year

50,000

NET EXCESS/ (SHORTFALL)

$	-

DETAILED PROPOSED BUDGET
KENDALL BREEZE 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

91,358

89,326

89,789

Expenditures Less Interest & 50% Of Carryover/.94

Maintenance Assessments

262,774

262,766

262,234

Expenditures Less 50% Of Carryover/.94

Debt Assessments

431,824

431,824

431,824

Bond Payments/.94

Other Revenues

0

0

0

Interest Income

39,611

1,440

1,560

Interest Estimated At $130 Per Month

TOTAL REVENUES

$	825,567

$	785,356

$	785,407

EXPENDITURES

MAINTENANCE EXPENDITURES

Maintenance/Contingency

9,550

13,000

12,500

Maintenance/Contingency

Roadway Improvements/Reserve

12,000

155,000

205,000

Resurfacing Anticipated For 2027

Drainage-Stormwater Management/Reserve

0

56,000

56,000

Maintenance/Repairs/Reserve

Traffic Enforcement - Off-Duty Police

7,239

10,000

10,000

No Change From 2025/2026 Budget

Engineering/Inspections

17,145

13,000

13,000

No Change From 2025/2026 Budget

TOTAL MAINTENANCE EXPENDITURES

$	45,934

$	247,000

$	296,500

ADMINISTRATIVE EXPENDITURES

Supervisor Fees

2,600

6,000

5,000

Supervisor Fees

Payroll Taxes (Employer)

199

480

400

Projected At 8% Of Supervisor Fees

Management

34,656

35,652

36,612

CPI Adjustment

Secretarial

6,000

6,000

6,000

No Change From 2025/2026 Budget

Legal

8,673

12,000

11,500

25/26 Expenditure Through Jan 26 Was $2,703

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

7,831

8,400

9,700

Fiscal Year 25/26 Expenditure Was $8,801

Legal Advertisements

2,021

2,600

2,500

$100 Decrease From 2025/2026 Budget

Miscellaneous

444

925

850

$50 Decrease From 2025/2026 Budget

Postage

220

925

900

$25 Decrease From 2025/2026 Budget

Office Supplies

461

650

625

$25 Decrease From 2025/2026 Budget

Dues & Subscriptions

175

175

175

No Change From 2025/2026 Budget

Website Management

2,000

2,000

2,000

No Change From 2025/2026 Budget

TOTAL ADMINISTRATIVE EXPENDITURES

$	74,780

$	85,407

$	85,962

TOTAL EXPENDITURES

$	120,714

$	332,407

$	382,462

REVENUES LESS EXPENDITURES

$	704,853

$	452,949

$	402,945

Bond Payments

(411,797)

(405,915)

(405,915)

2027 Principal & Interest Payments

BALANCE

$	293,056

$	47,034

$	(2,970)

County Appraiser & Tax Collector Fee

(7,561)

(15,678)

(15,676)

Two Percent Of Total Assessment Roll

Discounts For Early Payments

(28,814)

(31,356)

(31,354)

Four Percent Of Total Assessment Roll

EXCESS/ (SHORTFALL)

$	256,681

$	-

$	(50,000)

Carryover From Prior Year

0

0

50,000

Carryover From Prior Year

NET EXCESS/ (SHORTFALL)

$	256,681

$	-

$	-

DETAILED PROPOSED DEBT SERVICE BUDGET
KENDALL BREEZE COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2026/2027
OCTOBER 1, 2026 - SEPTEMBER 30, 2027

Series 2007 Refunding Bonds Information

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

$6,161,095 4.50%
March 2007
November 2033

Annual Principal Payments Due =
Annual Interest Payments Due =

November 1st
May 1st & November 1st

Par Amount As Of 1/1/26 =

$2,683,676

III

REVENUES

FISCAL YEAR 2024/2025 ACTUAL

FISCAL YEAR 2025/2026 BUDGET

FISCAL YEAR 2026/2027 BUDGET

COMMENTS

Interest Income

0

1,000

1,000

Projected Interest For 2026/2027

NAV Tax Collection

411,797

405,915

405,915

2027 P & I Payments Less Earned Interest

Total Revenues

$	411,797

$	406,915

$	406,915

EXPENDITURES

Principal Payments

261,657

286,150

299,027

Principal Payment Due In 2027

Interest Payments

139,023

120,765

107,888

Interest Payments Due In 2027

Total Expenditures

$	400,680

$	406,915

$	406,915

Excess/Shortfall

$	11,117

$	-

$	-

Kendall Breeze Community Development District Assessment Comparison

Fiscal Year 2023/2024
Assessment*

Fiscal Year 2024/2025
Assessment*

Fiscal Year 2025/2026
Assessment*

Fiscal Year 2026/2027
	Projected Assessment*	

Lot
Size

22

Administrative
Maintenance Debt
Sub-Total For Lot Size 22

$
$
$

113.92
339.55
486.88

$
$
$

115.24
338.19
486.88

$
$
$

114.97
338.19
486.88

$
$
$

115.57
337.51
486.88

$

940.35

$

940.31

$

940.04

$

939.96

30

Administrative
Maintenance Debt

$
$
$

113.92
339.55
550.81

$
$
$

115.24
338.19
550.81

$
$
$

114.97
338.19
550.81

$
$
$

115.57
337.51
550.81

$

1,004.28

$

1,004.24

$

1,003.97

$

1,003.89

Sub-Total For Lot Size 30

35

Administrative
Maintenance Debt

$
$
$

113.92
339.55
590.77

$
$
$

115.24
338.19
590.77

$
$
$

114.97
338.19
590.77

$
$
$

115.57
337.51
590.77

$

1,044.24

$

1,044.20

$

1,043.93

$

1,043.85

Sub-Total For Lot Size 35

60

Administrative
Maintenance Debt
Sub-Total For Lot Size 60

$
$
$

113.92
339.55
790.55

$
$
$

115.24
338.19
790.55

$
$
$

114.97
338.19
790.55

$
$
$

115.57
337.51
790.55

$

1,244.02

$

1,243.98

$

1,243.71

$

1,243.63

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

 Community Information:	

Twenty Two Foot Lots Thirty Foot Lots
Thirty Five Foot Lots Sixty Five Foot Homes Total Units

478
73
99
127
777

IV