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

I

REVENUES

FISCAL YEAR 2026/2027 BUDGET

ADMINISTRATIVE ASSESSMENTS

83,851

MAINTENANCE ASSESSMENTS

76,687

DEBT ASSESSMENTS

111,530

INTEREST INCOME

1,320

OTHER REVENUES

0

TOTAL REVENUES

$	273,388

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 (ASPHALT, ETC.)

1,700

TOTAL MAINTENANCE & OPERATIONS EXPENDITURES

$	72,086

ADMINISTRATIVE EXPENDITURES

SUPERVISOR FEES

5,000

PAYROLL TAXES (EMPLOYER)

383

MANAGEMENT

35,232

SECRETARIAL & FIELD OPERATIONS

6,000

LEGAL

8,500

ASSESSMENT ROLL

7,500

AUDIT FEES

3,700

INSURANCE

7,800

LEGAL ADVERTISING

2,500

MISCELLANEOUS

1,050

POSTAGE

200

OFFICE SUPPLIES

350

DUES & SUBSCRIPTIONS

175

TRUSTEE FEES

4,100

CONTINUING DISCLOSURE FEE

350

WEBSITE MANAGEMENT

2,000

ADMINISTRATIVE CONTINGENCY

1,300

TOTAL ADMINISTRATIVE EXPENDITURES

$	86,140

TOTAL EXPENDITURES

$	158,226

REVENUES LESS EXPENDITURES

$	115,162

BOND PAYMENTS

(104,838)

BALANCE

$	10,324

COUNTY APPRAISER & TAX COLLECTOR FEE

(5,441)

DISCOUNTS FOR EARLY PAYMENTS

(10,883)

EXCESS/ (SHORTFALL)

$	(6,000)

CARRYOVER FROM PRIOR YEAR

6,000

NET EXCESS / (SHORTFALL)

$	-

DETAILED FINAL BUDGET
KENDALL BREEZE WEST 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

85,587

79,751

83,851

Expenditures Less Interest & Carryover/.94

MAINTENANCE ASSESSMENTS

72,964

76,687

76,687

Expenditures/.94

DEBT ASSESSMENTS

114,807

115,904

111,530

Bond Payments/.94

INTEREST INCOME

10,253

1,200

1,320

Estimated At $110 Per Month

OTHER REVENUES

0

0

0

TOTAL REVENUES

$	283,611

$	273,542

$	273,388

EXPENDITURES

MAINTENANCE & OPERATIONS EXPENDITURES

ENGINEERING - ANNUAL REPORT & INSPECTIONS

1,966

3,000

3,000

No Change From 2025/2026 Budget

STREET/ROADWAY & STORMWATER MAINTENANCE

0

19,400

19,400

No Change From 2025/2026 Budget

PRESERVATION AREA MAINTENANCE

2,979

3,500

3,500

No Change From 2025/2026 Budget

PRESSURE CLEANING

10,001

10,500

10,500

No Change From 2025/2026 Budget

ROADWAY RESURFACING PROJECT

0

14,286

14,286

14 Year Project (5th Year - Total Cost: $200,000)

SPECIAL PROJECTS

0

10,700

10,700

No Change From 2025/2026 Budget

SIDEWALK REPAIRS (MILLING & REPLACEMENTS)

0

5,500

5,500

No Change From 2025/2026 Budget

STORM DRAINAGE/CLASS V PERMIT

0

3,500

3,500

No Change From 2025/2026 Budget

MAINTENANCE CONTINGENCY (ASPHALT, ETC.)

22,509

1,700

1,700

No Change From 2025/2026 Budget

TOTAL MAINTENANCE & OPERATIONS EXPENDITURES

$	37,455

$	72,086

$	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

33,348

34,308

35,232

CPI Adjustment

SECRETARIAL & FIELD OPERATIONS

6,000

6,000

6,000

No Change From 2025/2026 Budget

LEGAL

7,503

8,500

8,500

No Change From 2025/2026 Budget

ASSESSMENT ROLL

7,500

7,500

7,500

As Per Contract

AUDIT FEES

3,500

3,600

3,700

Accepted Amount For 2025/2026 Audit

INSURANCE

6,858

7,400

7,800

Fiscal Year 2025/2026 Expenditure Was $7,269

LEGAL ADVERTISING

1,478

2,700

2,500

Costs Have Increased Due To Closing Of The Miami Business Review

MISCELLANEOUS

1,066

950

1,050

$100 Increase From 2025/2026 Budget

POSTAGE

74

225

200

$25 Decrease From 2025/2026 Budget

OFFICE SUPPLIES

173

375

350

$25 Decrease From 2025/2026 Budget

DUES & SUBSCRIPTIONS

175

175

175

No Change From 2025/2026 Budget

TRUSTEE FEES

4,089

4,100

4,100

No Change From 2025/2026 Budget

CONTINUING DISCLOSURE FEE

350

350

350

No Change From 2025/2026 Budget

WEBSITE MANAGEMENT

2,000

2,000

2,000

No Change From 2025/2026 Budget

ADMINISTRATIVE CONTINGENCY

0

1,300

1,300

Administrative Contingency

TOTAL ADMINISTRATIVE EXPENDITURES

$	77,128

$	84,866

$	86,140

TOTAL EXPENDITURES

$	114,583

$	156,952

$	158,226

REVENUES LESS EXPENDITURES

$	169,028

$	116,590

$	115,162

BOND PAYMENTS

(109,446)

(108,950)

(104,838)

2027 P & I Payments Less Earned Interest

BALANCE

$	59,582

$	7,640

$	10,324

COUNTY APPRAISER & TAX COLLECTOR FEE

(2,629)

(5,446)

(5,441)

Two Percent Of Total Assessment Roll

DISCOUNTS FOR EARLY PAYMENTS

(10,106)

(10,894)

(10,883)

Four Percent Of Total Assessment Roll

EXCESS/ (SHORTFALL)

$	46,847

$	(8,700)

$	(6,000)

CARRYOVER FROM PRIOR YEAR

0

8,700

6,000

Carryover From Prior Year

NET EXCESS / (SHORTFALL)

$	46,847

$	-

$	-

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

Series 2004 Bond Information

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

$1,580,000 5.875%
December 2004
May 2034

Annual Principal Payments Due:
Annual Interest Payments Due:

May 1st
May 1st & November 1st

Par Amount As Of 1/1/26 =

$700,000

III

REVENUES

FISCAL YEAR 2024/2025 ACTUAL

FISCAL YEAR 2025/2026 BUDGET

FISCAL YEAR 2026/2027 BUDGET

COMMENTS

Interest Income

3,414

1,000

1,000

Projected Interest For 2026/2027

NAV Tax Collection

109,446

108,950

104,838

2027 P & I Payments Less Earned Interest

Total Revenues

$	112,860

$	109,950

$	105,838

EXPENDITURES

Principal Payments

65,000

70,000

70,000

Principal Payment Due In 2027

Interest Payments

45,825

39,950

35,838

Interest Payments Due In 2027

Total Expenditures

$	110,825

$	109,950

$	105,838

Excess / (Shortfall)

$	2,035

$	-

$	-

Kendall Breeze West Community Development District Assessment Comparison

Fiscal Year
2023/2024

Fiscal Year 2024/2025
Assessment
  Before Discount*	

Fiscal Year 2025/2026
Assessment
	Before Discount*	

Fiscal Year 2026/2027
Assessment
	Before Discount*	

Assessment
 Before Discount* 

Lot

Size

$
$

410.12
350.79

$
$

408.08
350.79

$
$

383.43
368.69

$
$

403.14
368.69

30

Administrative
Maintenance Debt

 $	528.50

 $	530.16

$	536.62

$	516.38

$

1,289.41

$

1,289.03

$

1,288.74

$

1,288.21

Sub-Total For Lot Size 30

$
$

410.12
350.79

$
$

408.08
350.79

$
$

383.43
368.69

$
$

403.14
368.69

35

Administrative
Maintenance Debt

 $	601.65

 $	603.55

$	606.51

$	583.62

$

1,362.56

$

1,362.42

$

1,358.63

$

1,355.45

Sub-Total For Lot Size 35

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

 Community Information:	

 Thirty Foot Lots  Homes:
Less Bond Prepayers:
Total:

Thirty Foot Homes
Thirty Five Foot Homes Total Units

139
69
208

139
1
138

IV