Marsh Harbour Community Development District

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

CONTENTS

FINAL BUDGET

DETAILED FINAL BUDGET

DETAILED FINAL DEBT SERVICE FUND BUDGET

ASSESSMENT COMPARISON

FINAL BUDGET
MARSH HARBOUR COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2025/2026
OCTOBER 1, 2025 - SEPTEMBER 30, 2026

REVENUES	
FISCAL YEAR 2025/2026 BUDGET	
O & M Assessments	732,116	
Debt Assessments	253,887	
Other Revenues	0	
Interest Income	1,200	
		
TOTAL REVENUES	$	987,203	
		
EXPENDITURES		
Supervisor Fees	11,000	
Payroll Taxes - Employer	880	
Engineering/Inspections	3,000	
Lake Maintenance	11,000	
Landscaping/Irrigation/Maintenance	150,000	
Lighting	35,000	
Security	380,000	
Management	38,184	
Secretarial	4,200	
Legal	14,000	
Assessment Roll	7,500	
Audit Fees	3,600	
Insurance	7,400	
Legal Advertisements	1,400	
Miscellaneous	900	
Postage	300	
Office Supplies	800	
Dues & Subscriptions	175	
Trustee Fee	2,500	
Continuing Disclosure Fee	350	
Website Management	2,000	
Reserve/Contingency	15,200	
TOTAL EXPENDITURES	$	689,389	
		
REVENUES LESS EXPENDITURES	$	297,814	
		
Bond Payments	(238,654)	
		
BALANCE	$	59,160	
		
County Appraiser & Tax Collector Fee	(19,720)	
Discounts For Early Payments	(39,440)	
		
EXCESS/ (SHORTFALL)	$	-	
		
Carryover Funds From Prior Year	0	
		
NET EXCESS/ (SHORTFALL)	$	-	

DETAILED FINAL BUDGET
MARSH HARBOUR 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	
O & M Assessments	687,308	732,129	732,116	Expenditures Less Interest & Carryover/.94	
Debt Assessments	257,269	253,887	253,887	Bond Payments/.94	
Other Revenues	0	0	0		
Interest Income	18,469	720	1,200	Interest Projected At $100 Per Month	
					
TOTAL REVENUES	$	963,046	$	986,736	$	987,203		
					
EXPENDITURES					
Supervisor Fees	7,400	11,000	11,000	Supervisor Fees	
Payroll Taxes - Employer	566	880	880	Projected At 8% Of Supervisor Fees	
Engineering/Inspections	4,600	2,000	3,000	$1,000 Increase From 2024/2025 Budget	
Lake Maintenance	10,238	11,000	11,000	No Change From 2024/2025 Budget	
Landscaping/Irrigation/Maintenance	149,720	150,000	150,000	2024/2025 Expenditure Through 1/31/25 = $40,770	
Lighting	33,164	35,000	35,000	No Change From 2024/2025 Budget	
Security	315,574	380,000	380,000	2024/2025 Expenditure Through 1/31/25 = $122,842	
Management	36,036	37,116	38,184	CPI Adjustment	
Secretarial	4,200	4,200	4,200	No Change From 2024/2025 Budget	
Legal	11,995	14,000	14,000	2024/2025 Expenditure Through 12/31/24 = $2,603	
Assessment Roll	7,500	7,500	7,500	As Per Contract	
Audit Fees	3,400	3,500	3,600	Accepted Amount For 2024/2025 Audit	
Insurance	6,594	7,200	7,400	Fiscal Year 2024/2025 Expenditure Was $6,858	
Legal Advertisements	870	1,400	1,400	No Change From 2024/2025 Budget	
Miscellaneous	846	800	900	$100 Increase From 2024/2025 Budget	
Postage	101	300	300	No Change From 2024/2025 Budget	
Office Supplies	877	700	800	$100 Increase From 2024/2025 Budget	
Dues & Subscriptions	175	175	175	No Change From 2024/2025 Budget	
Trustee Fee	2,500	2,500	2,500	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	
Reserve/Contingency	0	17,300	15,200	Reserve/Contingency	
TOTAL EXPENDITURES	$	598,706	$	688,921	$	689,389		
					
REVENUES LESS EXPENDITURES	$	364,340	$	297,815	$	297,814		
					
Bond Payments	(246,294)	(238,654)	(238,654)	2026 Principal & Interest Payments	
					
BALANCE	$	118,046	$	59,161	$	59,160		
					
County Appraiser & Tax Collector Fee	(4,968)	(19,720)	(19,720)	Two Percent Of Total Assessment Roll	
Discounts For Early Payments	(31,530)	(39,441)	(39,440)	Four Percent Of Total Assessment Roll	
					
EXCESS/ (SHORTFALL)	$	81,548	$	-	$	-		
					
Carryover Funds From Prior Year	0	0	0	Carryover Funds From Prior Year	
					
NET EXCESS/ (SHORTFALL)	$	81,548	$	-	$	-		

DETAILED FINAL DEBT SERVICE FUND BUDGET
MARSH HARBOUR 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	
12,447	
500	
1,000	
Projected Interest For 2025/2026	

NAV Tax Collection	
246,294	
238,654	
238,654	
Maximum Debt Service Collection	

Total Revenues	
$	258,741	
$	239,154	
$	239,654		

EXPENDITURES					

Principal Payments	
165,000	
165,000	
135,000	
Principal Payment Due In 2026	

Interest Payments	
69,174	
68,468	
94,694	
Interest Payments Due In 2026	

Bond Redemption	
0	
5,686	
9,960	
Estimated Excess Debt Collections	

Total Expenditures	
$	234,174	
$	239,154	
$	239,654		

Excess/ (Shortfall)	
$	24,567	
$	-	
$	-		

Series 2015 Bond Refunding Information

Original Par Amount =	$3,295,000	Annual Principal Payments Due =	May 1st	
Interest Rate =	3.24% - 5.45%	Annual Interest Payments Due =	May 1st & November 1st	
Issue Date =	August 2015			
Maturity Date =

Par Amount As Of 1/1/25 =	May 2035

$1,970,000			

MARSH HARBOUR COMMUNITY DEVELOPMENT DISTRICT ASSESSMENT COMPARISON

Fiscal Year	Fiscal Year	Fiscal Year	Fiscal Year	
2022/2023	2023/2024	2024/2025	2025/2026	
 Assessment* 	 Assessment* 	 Assessment* 	 Projected Assessment* 	

O & M For Two Bedroom Units	
$	1,689.13	
$	1,689.05	
$	1,821.22	
$	
1,821.19	
Debt For Two Bedroom Units	$	499.52	$	499.52	$	499.52	$	499.52	
Total For Two Bedroom Units	$	2,188.65	$	2,188.57	$	2,320.74	$	2,320.71	
O & M For Three Bedroom Units	$	1,689.13	$	1,689.05	$	1,821.22	$	1,821.19	
Debt For Three Bedroom Units	$	684.28	$	684.28	$	684.28	$	684.28	
Total For Three Bedroom Units	$	2,373.41	$	2,373.33	$	2,505.50	$	2,505.47	

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

 Community Information:	

Two Bedroom Units	111	
Three Bedroom Units	291	
Total Units	402	
Three Bedroom Information		
Total Units	291	
Prepayments	1	
Billed For Debt	290	

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