Kendall Breeze West Community Development District

Proposed Budget For Fiscal Year 2025/2026
October 1, 2025 - September 30, 2026

CONTENTS

PROPOSED BUDGET

DETAILED PROPOSED BUDGET

DETAILED PROPOSED DEBT SERVICE FUND BUDGET

ASSESSMENT COMPARISON

PROPOSED BUDGET
KENDALL BREEZE WEST COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2025/2026
OCTOBER 1, 2025 - SEPTEMBER 30, 2026

REVENUES	
FISCAL YEAR 2025/2026 BUDGET	
ADMINISTRATIVE ASSESSMENTS	79,751	
MAINTENANCE ASSESSMENTS	76,687	
DEBT ASSESSMENTS	115,904	
INTEREST INCOME	1,200	
OTHER REVENUES	0	
TOTAL REVENUES	$	273,542	
		
EXPENDITURES		
MAINTENANCE & OPERATIONS EXPENDITURES		
ENGINEERING - ANNUAL REPORT & INSPECTIONS	3,000	
STREET/ROADWAY & STORMWATER MAINTENANCE	19,400	
PRESERVATION AREA MAINTENANCE	3,500	
PRESSURE CLEANING	10,500	
ROADWAY RESURFACING PROJECT	14,286	
SPECIAL PROJECTS	10,700	
SIDEWALK REPAIRS (MILLING & REPLACEMENTS)	5,500	
STORM DRAINAGE/CLASS V PERMIT	3,500	
MAINTENANCE CONTINGENCY (SIGNS, ETC.)	1,700	
TOTAL MAINTENANCE & OPERATIONS EXPENDITURES	$	72,086	
		
ADMINISTRATIVE EXPENDITURES		
SUPERVISOR FEES	5,000	
PAYROLL TAXES (EMPLOYER)	383	
MANAGEMENT	34,308	
SECRETARIAL & FIELD OPERATIONS	6,000	
LEGAL	8,500	
ASSESSMENT ROLL	7,500	
AUDIT FEES	3,600	
INSURANCE	7,400	
LEGAL ADVERTISING	2,700	
MISCELLANEOUS	950	
POSTAGE	225	
OFFICE SUPPLIES	375	
DUES & SUBSCRIPTIONS	175	
TRUSTEE FEES	4,100	
CONTINUING DISCLOSURE FEE	350	
WEBSITE MANAGEMENT	2,000	
ADMINISTRATIVE CONTINGENCY	1,300	
TOTAL ADMINISTRATIVE EXPENDITURES	$	84,866	
		
TOTAL EXPENDITURES	$	156,952	
		
REVENUES LESS EXPENDITURES	$	116,590	
		
BOND PAYMENTS	(108,950)	
		
BALANCE	$	7,640	
		
COUNTY APPRAISER & TAX COLLECTOR FEE	(5,446)	
DISCOUNTS FOR EARLY PAYMENTS	(10,894)	
		
EXCESS/ (SHORTFALL)	$	(8,700)	
		
CARRYOVER FROM PRIOR YEAR	8,700	
		
NET EXCESS / (SHORTFALL)	$	-	

I

DETAILED PROPOSED BUDGET
KENDALL BREEZE WEST COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2025/2026
OCTOBER 1, 2025 - SEPTEMBER 30, 2026

REVENUES	
FISCAL YEAR 2023/2024
ACTUAL	
FISCAL YEAR 2024/2025
BUDGET	
FISCAL YEAR 2025/2026
BUDGET	

COMMENTS	
ADMINISTRATIVE ASSESSMENTS	85,751	84,879	79,751	Expenditures Less Interest & Carryover/.94	
MAINTENANCE ASSESSMENTS	72,964	72,964	76,687	Expenditures/.94	
DEBT ASSESSMENTS	114,973	115,336	115,904	Bond Payments/.94	
INTEREST INCOME	11,870	720	1,200	Estimated At $100 Per Month	
OTHER REVENUES	150	0	0		
TOTAL REVENUES	$	285,708	$	273,899	$	273,542		
					
EXPENDITURES					
MAINTENANCE & OPERATIONS EXPENDITURES					
ENGINEERING - ANNUAL REPORT & INSPECTIONS	1,100	3,000	3,000	No Change From 2024/2025 Budget	
STREET/ROADWAY & STORMWATER MAINTENANCE	4,769	19,400	19,400	No Change From 2024/2025 Budget	
PRESERVATION AREA MAINTENANCE	2,673	3,500	3,500	No Change From 2024/2025 Budget	
PRESSURE CLEANING	10,001	10,500	10,500	No Change From 2024/2025 Budget	
ROADWAY RESURFACING PROJECT	0	14,286	14,286	14 Year Project (4th Year - Total Cost: $200,000)	
SPECIAL PROJECTS	0	10,700	10,700	No Change From 2024/2025 Budget	
SIDEWALK REPAIRS (MILLING & REPLACEMENTS)	0	5,500	5,500	No Change From 2024/2025 Budget	
STORM DRAINAGE/CLASS V PERMIT	0	0	3,500	New Requirement In Miami-Dade County	
MAINTENANCE CONTINGENCY (SIGNS, ETC.)	5,064	1,700	1,700	No Change From 2024/2025 Budget	
TOTAL MAINTENANCE & OPERATIONS EXPENDITURES	$	23,607	$	68,586	$	72,086		
					
ADMINISTRATIVE EXPENDITURES					
SUPERVISOR FEES	2,800	5,000	5,000	Supervisor Fees	
PAYROLL TAXES (EMPLOYER)	214	383	383	Supervisor Fees *7.65%	
MANAGEMENT	32,388	33,348	34,308	CPI Adjustment	
SECRETARIAL & FIELD OPERATIONS	6,000	6,000	6,000	No Change From 2024/2025 Budget	
LEGAL	8,593	8,500	8,500	No Change From 2024/2025 Budget	
ASSESSMENT ROLL	7,500	7,500	7,500	As Per Contract	
AUDIT FEES	3,800	3,900	3,600	Accepted Amount For 2024/2025 Audit	
INSURANCE	6,594	7,100	7,400	Fiscal Year 2024/2025 Expenditure Was $6,858	
LEGAL ADVERTISING	3,304	1,700	2,700	Costs Have Increased Due To Closing Of The Miami Business Review	
MISCELLANEOUS	792	1,000	950	$50 Decrease From 2024/2025 Budget	
POSTAGE	88	250	225	$25 Decrease From 2024/2025 Budget	
OFFICE SUPPLIES	227	400	375	$25 Decrease From 2024/2025 Budget	
DUES & SUBSCRIPTIONS	175	175	175	No Change From 2024/2025 Budget	
TRUSTEE FEES	4,089	4,100	4,100	No Change From 2024/2025 Budget	
CONTINUING DISCLOSURE FEE	350	350	350	No Change From 2024/2025 Budget	
WEBSITE MANAGEMENT	2,000	2,000	2,000	No Change From 2024/2025 Budget	
ADMINISTRATIVE CONTINGENCY	0	1,300	1,300	Administrative Contingency	
TOTAL ADMINISTRATIVE EXPENDITURES	$	78,914	$	83,006	$	84,866		
					
TOTAL EXPENDITURES	$	102,521	$	151,592	$	156,952		
					
REVENUES LESS EXPENDITURES	$	183,187	$	122,307	$	116,590		
					
BOND PAYMENTS	(109,547)	(108,416)	(108,950)	2026 P & I Payments Less Earned Interest	
					
BALANCE	$	73,640	$	13,891	$	7,640		
					
COUNTY APPRAISER & TAX COLLECTOR FEE	(2,631)	(5,464)	(5,446)	Two Percent Of Total Assessment Roll	
DISCOUNTS FOR EARLY PAYMENTS	(10,265)	(10,927)	(10,894)	Four Percent Of Total Assessment Roll	
					
EXCESS/ (SHORTFALL)	$	60,744	$	(2,500)	$	(8,700)		
					
CARRYOVER FROM PRIOR YEAR	0	2,500	8,700	Carryover From Prior Year	
					
NET EXCESS / (SHORTFALL)	$	60,744	$	-	$	-		

II

DETAILED PROPOSED DEBT SERVICE FUND BUDGET KENDALL BREEZE WEST COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2025/2026
OCTOBER 1, 2025 - SEPTEMBER 30, 2026

REVENUES	FISCAL YEAR 2023/2024 ACTUAL	FISCAL YEAR 2024/2025 BUDGET	FISCAL YEAR 2025/2026 BUDGET	

COMMENTS	

Interest Income	
3,976	
500	
1,000	
Projected Interest For 2025/2026	

NAV Tax Collection	
109,547	
108,416	
108,950	

2026 P & I Payments Less Earned Interest	

Total Revenues	
$	113,523	
$	108,916	
$	109,950		

EXPENDITURES					

Principal Payments	
70,000	
65,000	
70,000	
Principal Payment Due In 2026	

Interest Payments	
49,644	
43,916	
39,950	
Interest Payments Due In 2026	

Total Expenditures	
$	119,644	
$	108,916	
$	109,950		

Excess / (Shortfall)	
$	(6,121)	
$	-	
$	-		

Series 2004 Bond Information

Original Par Amount =	$1,580,000	Annual Principal Payments Due:	May 1st	
Interest Rate =	5.875%	Annual Interest Payments Due:	May 1st & November 1st	
Issue Date =	December 2004			
Maturity Date =

Par Amount As Of 1/1/25 =	May 2034

$780,000			

III

Kendall Breeze West Community Development District Assessment Comparison

	Fiscal Year	Fiscal Year	Fiscal Year	Fiscal Year	
	2022/2023	2023/2024	2024/2025	2025/2026	
Lot	Assessment	Assessment	Assessment	Assessment	
Size	 Before Discount* 	  Before Discount*			Before Discount*			Before Discount*		

30	
Administrative	
$	405.75	
$	410.12	
$	408.08	
$	
383.43	
	Maintenance	$	353.35	$	350.79	$	350.79	$	368.69	
Debt	$	530.78	 $	528.50	$	530.16	$	536.62	
Sub-Total For Lot Size 30	$	1,289.88	$	1,289.41	$	1,289.03	$	1,288.74	

35	
Administrative	
$	405.75	
$	410.12	
$	408.08	
$	
383.43	
	Maintenance	$	353.35	$	350.79	$	350.79	$	368.69	
Debt	$	604.25	 $	601.65	$	603.55	$	606.51	
Sub-Total For Lot Size 35	$	1,363.35	$	1,362.56	$	1,362.42	$	1,358.63	

* Assessments Include the Following :	 4% Discount for Early Payments
1% County Tax Collector Fee
1% County Property Appraiser Fee			
 Community Information:		 Thirty Foot Lots 		
Thirty Foot Homes	139	Homes:	139	
Thirty Five Foot Homes	69	Less Bond Prepayers:	1	
Total Units	208	Total:	138	

IV