Palm Beach Plantation Community Development District

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

CONTENTS

I

FINAL BUDGET

II

DETAILED FINAL BUDGET

III

DETAILED FINAL DEBT SERVICE FUND BUDGET

IV

ASSESSMENT COMPARISON

FINAL BUDGET
PALM BEACH PLANTATION COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2026/2027
OCTOBER 1, 2026 - SEPTEMBER 30, 2027

Notes
Fund Balance As Of 9-30-25: $45,000 Plus Reserve/Contingency $183,465
Estimated Fund Balance As Of 9-30-26: $45,000 Plus Reserve/Contingency (Estimated At $236,765)

I

REVENUES

FISCAL YEAR 2026/2027
BUDGET

O & M Assessments

166,915

Debt Assessments

474,421

Other Revenues

0

Interest Income

1,500

TOTAL REVENUES

$	642,836

Discounts For Early Payments

(25,636)

TOTAL NET REVENUES

$	617,200

EXPENDITURES

Supervisor Fees

7,000

Payroll Taxes

560

Maintenance

6,000

Engineering/Inspections

10,000

Management

40,296

Secretarial

4,200

Legal

8,500

Assessment Roll

3,000

Audit Fees

3,700

Arbitrage Calculation Report Fee

650

Insurance

8,100

Legal Advertisements

1,400

Miscellaneous

800

Postage

250

Office Supplies

575

Dues & Subscriptions

175

Trustee Fees

4,100

Website Management

1,250

Reserve/Contingency

53,700

County Appraiser & Tax Collector Fee

7,500

TOTAL EXPENDITURES

$	161,756

REVENUES LESS EXPENDITURES

$	455,444

Bond Payments

(455,444)

EXCESS/ (SHORTFALL)

$	-

DETAILED FINAL BUDGET
PALM BEACH PLANTATION COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2026/2027
OCTOBER 1, 2026 - SEPTEMBER 30, 2027

Notes
Fund Balance As Of 9-30-25: $45,000 Plus Reserve/Contingency $183,465
Estimated Fund Balance As Of 9-30-26: $45,000 Plus Reserve/Contingency (Estimated At $236,765)

II

REVENUES

FISCAL YEAR 2024/2025 ACTUAL

FISCAL YEAR 2025/2026 BUDGET

FISCAL YEAR 2026/2027 BUDGET

COMMENTS

O & M Assessments

164,219

166,902

166,915

Expenditures Less Interest/.96

Debt Assessments

479,906

476,193

474,421

Bond Payments/.96

Other Revenues

0

0

0

Interest Income

8,430

1,200

1,500

Projected At $125 Per Month

TOTAL REVENUES

$	652,555

$	644,295

$	642,836

Discounts For Early Payments

(24,087)

(25,725)

(25,636)

Four Percent Of Total Assessment Roll

TOTAL NET REVENUES

$	628,468

$	618,570

$	617,200

EXPENDITURES

Supervisor Fees

5,400

7,000

7,000

Supervisor Fees

Payroll Taxes

290

560

560

Projected At 8 Percent Of Supervisor Fees

Maintenance

0

7,500

6,000

$1,500 Decrease From 2025/2026 Budget

Engineering/Inspections

0

10,000

10,000

No Change From 2025/2026 Budget

Management

38,136

39,240

40,296

CPI Adjustment

Secretarial

4,200

4,200

4,200

No Change From 2025/2026 Budget

Legal

7,903

8,500

8,500

No Change From 2025/2026 Budget

Assessment Roll

3,000

3,000

3,000

No Change From 2025/2026 Budget

Audit Fees

3,500

3,600

3,700

Accepted Amount For 2025/2026 Audit

Arbitrage Calculation Report Fee

650

650

650

No Change From 2025/2026 Budget

Insurance

7,202

7,700

8,100

Fiscal Year 2025/2026 Expenditure Was For $7,634

Legal Advertisements

414

1,500

1,400

$100 Decrease From 2025/2026 Budget

Miscellaneous

490

800

800

No Change From 2025/2026 Budget

Postage

50

250

250

No Change From 2025/2026 Budget

Office Supplies

182

600

575

$25 Decrease From 2025/2026 Budget

Dues & Subscriptions

175

175

175

No Change From 2025/2026 Budget

Trustee Fees

4,080

4,100

4,100

No Change From 2025/2026 Budget

Website Management

1,250

1,250

1,250

No Change From 2025/2026 Budget

Reserve/Contingency

0

53,300

53,700

Reserve/Contingency

County Appraiser & Tax Collector Fee

3,446

7,500

7,500

County Appraiser & Tax Collector Fee

TOTAL EXPENDITURES

$	80,368

$	161,425

$	161,756

REVENUES LESS EXPENDITURES

$	548,100

$	457,145

$	455,444

Bond Payments

(460,535)

(457,145)

(455,444)

2027 P & I Payments Less Earned Interest

EXCESS/ (SHORTFALL)

$	87,565

$	-

$	-

DETAILED FINAL DEBT SERVICE FUND BUDGET
PALM BEACH PLANTATION COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2026/2027
OCTOBER 1, 2026 - SEPTEMBER 30, 2027

Series 2014 Bond Refunding Information

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

$5,940,000 3.940%
March 2014
May 2029

Annual Principal Payments Due =
Annual Interest Payments Due =

May 1st
May 1st & November 1st

Par Amount As Of 1-1-26 =

$2,745,000

Principal Amount Due In May 2029: $1,630,000 ($405,000 - Regular Payment & $1,225,000 - Balloon Payment)

III

REVENUES

FISCAL YEAR 2024/2025 ACTUAL

FISCAL YEAR 2025/2026 BUDGET

FISCAL YEAR 2026/2027 BUDGET

COMMENTS

Interest Income

13,003

1,000

1,600

Interest For FY 2026/2027

NAV Tax Collection

460,535

457,145

455,444

2027 P & I Payments Less Earned Interest

Prepaid Bond Collection

4,925

0

0

Total Revenues

$	478,463

$	458,145

$	457,044

EXPENDITURES

Principal Payments

345,000

355,000

370,000

Principal Payment Due In 2027

Interest Payments

122,731

103,145

87,044

Interest Payments Due In 2027

Total Expenditures

$	467,731

$	458,145

$	457,044

Excess/ (Shortfall)

$	10,732

$	-

$	-

Palm Beach Plantation Community Development District Assessment Comparison

Fiscal Year 2022/2023
	Assessment*	

Fiscal Year 2023/2024
	Assessment*	

Fiscal Year 2024/2025
	Assessment*	

Fiscal Year 2025/2026
	Assessment*	

Fiscal Year 2026/2027
	Projected Assessment*	

O & M For Lot Size 45 Debt For Lot Size 45
Total

$

201.03

$

278.21

$

272.79

$

278.18

$

278.20

$	765.43

 $	760.62

 $	762.30

 $	756.68

 $	756.20

$

966.46

$

1,038.83

$

1,035.09

$

1,034.86

$

1,034.40

O & M For Lot Size 65+70 Debt For Lot Size 65+70
Total

$

201.03

$

278.21

$

272.79

$

278.18

$

278.20

$	850.14

 $	847.89

 $	852.87

 $	846.60

 $	846.57

$

1,051.17

$

1,126.10

$

1,125.66

$

1,124.78

$

1,124.77

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

One New 45 Prepayer in 25/26 For The 26/27 Roll.

Now 5 Prepayers (3 65/70's and 2 45's)

Community Information:

45 Foot Lots
65/70 Foot Lots Total Units

326
274
600

45 Foot Lots Information	

Total Units
Prepayments Billed For Debt

326
2
324

65/70 Foot Lots Information

Total Units
Prepayments Billed For Debt

274
3
271

IV