Reagan Landing 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 (2026 BOND)

ASSESSMENT COMPARISON

IV

PROPOSED BUDGET
REAGAN LANDING COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2026/2027
OCTOBER 1, 2026 - SEPTEMBER 30, 2027

I

REVENUES

FISCAL YEAR 2026/2027 BUDGET

O&M (Operation & Maintenance) Assessments

59,200

Developer Contribution

67,219

Debt Assessments (2026)

251,425

Interest Income

200

TOTAL REVENUES

$	378,044

EXPENDITURES

Administrative Expenditures

Supervisor Fees

0

Payroll Taxes (Employer)

0

Management

36,000

Legal

24,000

Assessment Roll

5,000

Audit Fees

4,500

Arbitrage Rebate Fee

0

Insurance

5,500

Legal Advertisements

18,000

Miscellaneous

2,500

Postage

300

Office Supplies

1,200

Dues & Subscriptions

175

Website Management & ADA Compliance

3,000

Trustee Fees

4,500

Dissemination Services

3,500

Continuing Disclosure Fee

1,000

Total Administrative Expenditures

$	109,175

Maintenance Expenditures

Engineering/Inspections

10,000

Lake Bank Maintenance

0

Preserve Maintenance

0

Pipe Inspection/Maintenance

0

Miscellaneous Maintenance

0

Wetland Maintenance

3,300

Maintenance/Contingency

0

Total Maintenance Expenditures

$	13,300

Total O&M Expenditures

$	122,475

REVENUES LESS EXPENDITURES

$	255,569

Bond Payments (2026)

(233,825)

BALANCE

$	21,744

County Appraiser & Tax Collector Fee

(9,350)

Discounts For Early Payments

(12,394)

EXCESS/ (SHORTFALL)

$	-

DETAILED PROPOSED BUDGET
REAGAN LANDING 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

O&M (Operation & Maintenance) Assessments

0

0

59,200

Expenditures Less Interest & Carryover/.93

Developer Contribution

0

172,000

67,219

For Expenditures That Exceed $400 O&M Rate For 148 Units

Debt Assessments (2026)

0

0

251,425

Payment To Trustee/.93

Interest Income

0

200

200

TOTAL REVENUES

$	-

$	172,200

$	378,044

EXPENDITURES

Administrative Expenditures

Supervisor Fees

0

0

0

Supervisor Fees

Payroll Taxes (Employer)

0

0

0

8% Of Supervisor Fees

Management

0

30,000

36,000

Twelve Months X $3,000

Legal

0

24,000

24,000

No Change From 2025/2026 Budget

Assessment Roll

0

5,000

5,000

As Per Contract

Audit Fees

0

0

4,500

Commences In Fiscal Year Following Issuing Of Bond

Arbitrage Rebate Fee

0

0

0

District Qualifies For Small User Exception

Insurance

0

6,500

5,500

Insurance Estimate

Legal Advertisements

0

24,000

18,000

$6,000 Decrease From 2025/2026 Budget

Miscellaneous

0

2,500

2,500

Postage

0

300

300

Office Supplies

0

1,200

1,200

High Office Supplies Costs In Initial Months

Dues & Subscriptions

0

175

175

Annual Fee Due Department Of Economic Opportunity

Website Management & ADA Compliance

0

2,500

3,000

Twelve Months X $250

Trustee Fees

0

0

4,500

Commences In Fiscal Year Following Issuing Of Bond

Dissemination Services

0

0

3,500

Required By Underwriter

Continuing Disclosure Fee

0

0

1,000

Total Administrative Expenditures

$	-

$	96,175

$	109,175

Maintenance Expenditures

Engineering/Inspections

0

25,000

10,000

$15,000 Decrease From 2025/2026 Budget

Lake Bank Maintenance

0

10,200

0

Preserve Maintenance

0

10,200

0

Pipe Inspection/Maintenance

0

10,200

0

Miscellaneous Maintenance

0

10,200

0

Wetland Maintenance

0

0

3,300

Maintenance/Contingency

0

10,225

0

Maintenance/Contingency

Total Maintenance Expenditures

$	-

$	76,025

$	13,300

Total O&M Expenditures

$	-

$	172,200

$	122,475

REVENUES LESS EXPENDITURES

$	-

$	-

$	255,569

Bond Payments (2026)

0

0

(233,825)

BALANCE

$	-

$	-

$	21,744

County Appraiser & Tax Collector Fee

0

0

(9,350)

Three Percent Of Total Assessment Roll

Discounts For Early Payments

0

0

(12,394)

Four Percent Of Total Assessment Roll

EXCESS/ (SHORTFALL)

$	-

$	-

$	-

DETAILED PROPOSED DEBT SERVICE FUND BUDGET (SERIES 2026)
REAGAN LANDING COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2026/2027
OCTOBER 1, 2026 - SEPTEMBER 30, 2027

Note: Capitalized Interest Was Set-Up Through 5/1/26.

Series 2026 Bond Information

Original Par Amount =

$3,425,000

Annual Principal Payments Due =

May 1st

Interest Rate =

4.00% - 5.625%

Annual Interest Payments Due =

May 1st & November 1st

Issue Date =

March 2026

Maturity Date =

May 2056

Par Amount As Of 5/1/26 =

$3,425,000

III

5/20/2026 3:09 PM

REVENUES

FISCAL YEAR 2024/2025 ACTUAL

FISCAL YEAR 2025/2026 BUDGET

FISCAL YEAR 2026/2027 BUDGET

COMMENTS

Interest Income

0

0

500

Projected Interest For 2026/2027

NAV Tax Collection

0

0

233,825

Maximum Debt Service Collection

Total Revenues

$	-

$	-

$	234,325

EXPENDITURES

Principal Payments

0

0

50,000

Principal Payment Due In 2027

Interest Payments

0

0

180,325

Interest Payments Due In 2027

Bond Proceeds

0

0

0

Bond Redemption

0

-

4,000

Estimated Excess Debt Collections

Total Expenditures

$	-

$	-

$	234,325

Excess/ (Shortfall)

$	-

$	-

$	-

REAGAN LANDING COMMUNITY DEVELOPMENT DISTRICT ASSESSMENT COMPARISON

Fiscal Year 2024/2025
	Assessment*	

Fiscal Year 2025/2026
	Assessment*	

Fiscal Year 2026/2027
	Projected Assessment*	

O & M For 42' Lots Debt For 42' Lots
Total For 42' Lots

$

-

$

-

$

400.00

 $	-	

 $	-	

 $	1,352.78

$

-

$

-

$

1,752.78

O & M For 52' Lots Debt For 52' Lots
Total For 52' Lots

$

-

$

-

$

400.00

 $	-	

 $	-	

 $	1,674.88

$

-

$

-

$

2,074.88

O & M For 62' Lots Debt For 62' Lots
Total For 62' Lots

$

-

$

-

$

400.00

 $	-	

 $	-	

 $	1,996.97

$

-

$

-

$

2,396.97

* Assessments Include the Following: 4% Discount for Early Payments 1.5% County Tax Collector Fee
1.5% County Property Appraiser Fee

Community Information (2026 Bond):
42' Lots: 33
52' Lots: 71
62' Lots: 44
Total: 148 Lots

Final Site Plan: 430 Lots

IV

5/20/2026 3:09 PM