Marsh Harbour 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
MARSH HARBOUR COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2026/2027
OCTOBER 1, 2026 - SEPTEMBER 30, 2027

I

REVENUES

FISCAL YEAR 2026/2027
BUDGET

O & M Assessments

732,010

Debt Assessments

253,887

Other Revenues

0

Interest Income

1,320

TOTAL REVENUES

$	987,217

EXPENDITURES

Supervisor Fees

11,000

Payroll Taxes - Employer

880

Engineering/Inspections

3,000

Lake Maintenance

11,000

Landscaping/Irrigation/Maintenance

160,000

Lighting

35,000

Security

390,000

Management

39,204

Secretarial

4,200

Legal

14,000

Assessment Roll

7,500

Audit Fees

3,600

Insurance

8,200

Legal Advertisements

1,300

Miscellaneous

800

Postage

300

Office Supplies

800

Dues & Subscriptions

175

Trustee Fee

2,500

Continuing Disclosure Fee

350

Website Management

2,000

Reserve/Contingency

5,000

TOTAL EXPENDITURES

$	700,809

REVENUES LESS EXPENDITURES

$	286,408

Bond Payments

(238,654)

BALANCE

$	47,754

County Appraiser & Tax Collector Fee

(19,718)

Discounts For Early Payments

(39,436)

EXCESS/ (SHORTFALL)

$	(11,400)

Carryover Funds From Prior Year

11,400

NET EXCESS/ (SHORTFALL)

$	-

DETAILED PROPOSED BUDGET
MARSH HARBOUR 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 Assessments

734,098

732,116

732,010

Expenditures Less Interest & Carryover/.94

Debt Assessments

254,275

253,887

253,887

Bond Payments/.94

Other Revenues

0

0

0

Interest Income

17,641

1,200

1,320

Interest Projected At $110 Per Month

TOTAL REVENUES

$	1,006,014

$	987,203

$	987,217

EXPENDITURES

Supervisor Fees

7,000

11,000

11,000

Supervisor Fees

Payroll Taxes - Employer

530

880

880

Projected At 8% Of Supervisor Fees

Engineering/Inspections

0

3,000

3,000

No Change From 2025/2026 Budget

Lake Maintenance

11,059

11,000

11,000

No Change From 2025/2026 Budget

Landscaping/Irrigation/Maintenance

140,252

150,000

160,000

2025/2026 Expenditure Through 1/31/26 = $67,475

Lighting

32,162

35,000

35,000

No Change From 2025/2026 Budget

Security

368,614

380,000

390,000

2025/2026 Expenditure Through 1/31/26 = $127,824

Management

37,116

38,184

39,204

CPI Adjustment

Secretarial

4,200

4,200

4,200

No Change From 2025/2026 Budget

Legal

12,820

14,000

14,000

No Change From 2025/2026 Budget

Assessment Roll

7,500

7,500

7,500

As Per Contract

Audit Fees

3,500

3,600

3,600

Accepted Amount For 2025/2026 Audit

Insurance

6,858

7,400

8,200

Fiscal Year 2024/2025 Expenditure Was $7,269

Legal Advertisements

625

1,400

1,300

$100 Decrease From 2025/2026 Budget

Miscellaneous

521

900

800

$100 Decrease From 2025/2026 Budget

Postage

74

300

300

No Change From 2025/2026 Budget

Office Supplies

493

800

800

No Change From 2025/2026 Budget

Dues & Subscriptions

175

175

175

No Change From 2025/2026 Budget

Trustee Fee

2,500

2,500

2,500

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

Reserve/Contingency

11,900

15,200

5,000

Reserve/Contingency

TOTAL EXPENDITURES

$	650,249

$	689,389

$	700,809

REVENUES LESS EXPENDITURES

$	355,765

$	297,814

$	286,408

Bond Payments

(243,256)

(238,654)

(238,654)

2027 Principal & Interest Payments

BALANCE

$	112,509

$	59,160

$	47,754

County Appraiser & Tax Collector Fee

(4,928)

(19,720)

(19,718)

Two Percent Of Total Assessment Roll

Discounts For Early Payments

(33,488)

(39,440)

(39,436)

Four Percent Of Total Assessment Roll

EXCESS/ (SHORTFALL)

$	74,093

$	-

$	(11,400)

Carryover Funds From Prior Year

0

0

11,400

Carryover Funds From Prior Year

NET EXCESS/ (SHORTFALL)

$	74,093

$	-

$	-

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

Series 2015 Bond Refunding Information

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

$3,295,000 3.24% - 5.45%
August 2015
May 2035

Annual Principal Payments Due =
Annual Interest Payments Due =

May 1st
May 1st & November 1st

Par Amount As Of 1/1/26 =

$1,805,000

III

REVENUES

FISCAL YEAR

2024/2025

ACTUAL

FISCAL YEAR

2025/2026

BUDGET

FISCAL YEAR

2026/2027

BUDGET

COMMENTS

Interest Income

11,087

1,000

1,500

Projected Interest For 2026/2027

NAV Tax Collection

243,256

238,654

238,654

Maximum Debt Service Collection

Total Revenues

$	254,343

$	239,654

$	240,154

EXPENDITURES

Principal Payments

165,000

135,000

145,000

Principal Payment Due In 2027

Interest Payments

63,828

94,694

87,064

Interest Payments Due In 2027

Bond Redemption

0

9,960

8,090

Estimated Excess Debt Collections

Total Expenditures

$	228,828

$	239,654

$	240,154

Excess/ (Shortfall)

$	25,515

$	-

$	-

MARSH HARBOUR COMMUNITY DEVELOPMENT DISTRICT ASSESSMENT COMPARISON

Fiscal Year 2023/2024
 Assessment* 

Fiscal Year 2024/2025
 Assessment* 

Fiscal Year 2025/2026
 Assessment* 

Fiscal Year 2026/2027
 Projected Assessment* 

O & M For Two Bedroom Units Debt For Two Bedroom Units
Total For Two Bedroom Units

$

1,689.05

$

1,821.22

$

1,821.19

$

1,820.93

$	499.52

$	499.52

$	499.52

 $	499.52

$

2,188.57

$

2,320.74

$

2,320.71

$

2,320.45

O & M For Three Bedroom Units Debt For Three Bedroom Units
Total For Three Bedroom Units

$

1,689.05

$

1,821.22

$

1,821.19

$

1,820.93

$	684.28

$	684.28

$	684.28

 $	684.28

$

2,373.33

$

2,505.50

$

2,505.47

$

2,505.21

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

 Community Information:	

Two Bedroom Units Three Bedroom Units 
Total Units

111
291
402

Three Bedroom Information

Total Units Prepayments Billed For Debt

291
1
290

IV