Hypoluxo/Haverhill 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
HYPOLUXO/HAVERHILL COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2026/2027
OCTOBER 1, 2026 - SEPTEMBER 30, 2027

Note: Estimated Fund Balance As Of 9-30-26 is $25,000.

I

REVENUES

FISCAL YEAR 2026/2027 BUDGET

O & M Assessments

105,044

Debt Assessments

99,827

Other Revenues

0

Interest Income

600

TOTAL REVENUES

$	205,471

EXPENDITURES

Supervisor Fees

5,000

Payroll Taxes (Employer)

400

Engineering

3,000

Management

30,192

Secretarial

4,200

Legal

8,000

Assessment Roll

5,000

Audit Fees

3,600

Insurance

7,800

Legal Advertisements

1,600

Miscellaneous

600

Postage

225

Office Supplies

350

Dues & Subscriptions

175

Trustee Fee

3,200

Website Management

2,000

Lake Maintenance (Tree Trimming)

24,000

TOTAL EXPENDITURES

$	99,342

REVENUES LESS EXPENDITURES

$	106,129

Bond Payments

(93,837)

BALANCE

$	12,292

County Appraiser & Tax Collector Fee

(4,097)

Discounts For Early Payments

(8,195)

EXCESS/ (SHORTFALL)

$	-

Carryover From Prior Year

0

NET EXCESS/ (SHORTFALL)

$	-

DETAILED PROPOSED BUDGET
HYPOLUXO/HAVERHILL COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2026/2027
OCTOBER 1, 2026 - SEPTEMBER 30, 2027

Note: Estimated Fund Balance As Of 9-30-26 is $25,000.

II

REVENUES

FISCAL YEAR 2024/2025 ACTUAL

FISCAL YEAR 2025/2026 BUDGET

FISCAL YEAR 2026/2027 BUDGET

COMMENTS

O & M Assessments

82,782

105,074

105,044

Expenditures Less Interest & Carryover/.94

Debt Assessments

99,881

99,827

99,827

Bond Payments/.94

Other Revenues

0

0

0

Interest Income

1,608

480

600

Projected At $50 Per Month

TOTAL REVENUES

$	184,271

$	205,381

$	205,471

EXPENDITURES

Supervisor Fees

2,800

5,000

5,000

No Change From 2025/2026 Budget

Payroll Taxes (Employer)

214

400

400

Projected At 8% Of Supervisor Fees

Engineering

0

3,000

3,000

No Change From 2025/2026 Budget

Management

28,572

29,400

30,192

CPI Adjustment

Secretarial

4,200

4,200

4,200

No Change From 2025/2026 Budget

Legal

6,567

8,000

8,000

No Change From 2025/2026 Budget

Assessment Roll

5,000

5,000

5,000

As Per Contract

Audit Fees

3,400

3,500

3,600

Accepted Amount For 2025/2026 Audit

Insurance

6,858

7,400

7,800

Fiscal Year 2025/2026 Expediture Was $7,269

Legal Advertisements

648

1,750

1,600

$150 Decrease From 2025/2026 Budget

Miscellaneous

342

650

600

$50 Decrease From 2025/2026 Budget

Postage

212

225

225

No Change From 2025/2026 Budget

Office Supplies

300

350

350

No Change From 2025/2026 Budget

Dues & Subscriptions

175

175

175

No Change From 2025/2026 Budget

Trustee Fee

3,180

3,200

3,200

No Change From 2025/2026 Budget

Website Management

2,000

2,000

2,000

No Change From 2025/2026 Budget

Lake Maintenance (Tree Trimming)

9,458

25,000

24,000

FY 2025/2026 Expenditure As Of 1-31-26 Was $2,134

TOTAL EXPENDITURES

$	73,926

$	99,250

$	99,342

REVENUES LESS EXPENDITURES

$	110,345

$	106,131

$	106,129

Bond Payments

(95,184)

(93,837)

(93,837)

2027 Principal & Interest Payments

BALANCE

$	15,161

$	12,294

$	12,292

County Appraiser & Tax Collector Fee

(1,189)

(4,098)

(4,097)

Two Percent Of Total Assessment Roll

Discounts For Early Payments

(6,839)

(8,196)

(8,195)

Four Percent Of Total Assessment Roll

EXCESS/ (SHORTFALL)

$	7,133

$	-

$	-

Carryover From Prior Year

0

0

0

Carryover Balance From Prior Years

NET EXCESS/ (SHORTFALL)

$	7,133

$	-

$	-

DETAILED PROPOSED DEBT SERVICE FUND BUDGET
HYPOLUXO/HAVERHILL COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2026/2027
OCTOBER 1, 2026 - SEPTEMBER 30, 2027

Series 2017 Bond Refunding Information

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

$1,195,000 2.52% - 6.75%
January 2017
May 2033

Annual Principal Payments Due =
Annual Interest Payments Due =

May 1st
May 1st & November 1st

Par Amount As Of 1/1/26 =

$580,000

III

REVENUES

FISCAL YEAR 2024/2025 ACTUAL

FISCAL YEAR 2025/2026 BUDGET

FISCAL YEAR 2026/2027 BUDGET

COMMENTS

Interest Income

4,289

750

1,000

Projected Interest For 2026/2027

NAV Tax Collection

95,184

93,837

93,837

Yearly Maximum Debt Assessment

Total Revenues

$	99,473

$	94,587

$	94,837

EXPENDITURES

Principal Payments

75,000

75,000

60,000

Principal Payment Due In 2027

Interest Payments

16,506

15,561

32,063

Interest Payments Due In 2027

Bond Redemption

0

4,026

2,774

Estimated Excess Debt Collections

Total Expenditures

$	91,506

$	94,587

$	94,837

Excess/Shortfall

$	7,967

$	-

$	-

Hypoluxo/Haverhill 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
Debt

$

301.57

$

301.50

$

301.46

$

383.49

$

383.38

 $	364.33

 $	364.33

$	364.33

$	364.33

 $	364.33

Total

$

665.90

$

665.83

$

665.79

$

747.82

$

747.71

* 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