Terracina
Community Development District

Amended Final Budget For Fiscal Year 2024/2025
October 1, 2024 - September 30, 2025

CONTENTS

I

AMENDED FINAL OPERATING FUND BUDGET

II

AMENDED FINAL DEBT SERVICE FUND BUDGET

AMENDED FINAL BUDGET
TERRACINA COMMUNITY DEVELOPMENT DISTRICT OPERATING FUND
FISCAL YEAR 2024/2025 OCTOBER 1, 2024 - SEPTEMBER 30, 2025

.

I

8/28/2025 12:07 PM

$154,092

$27,684

$181,776

FUND BALANCE AS OF 9/30/24

FY 2024/2025 ACTIVITY

FUND BALANCE AS OF 9/30/25

REVENUES

FISCAL YEAR 2024/2025 BUDGET 10/1/24 - 9/30/25

AMENDED FINAL BUDGET
10/1/24 - 9/30/25

YEAR TO DATE ACTUAL
10/1/24 - 8/31/25

O & M ASSESSMENTS

171,041

171,594

171,594

DEBT ASSESSMENTS

314,087

314,408

314,408

OTHER REVENUES

0

0

0

INTEREST INCOME

480

7,200

6,876

.

TOTAL REVENUES

$	485,608

$	493,202

$	492,878

EXPENDITURES

SUPERVISOR FEES

7,000

3,400

2,400

PAYROLL TAXES - EMPLOYER

560

264

184

CONTINGENCY/FOUNTAINS

28,600

15,000

0

AQUATIC LAKE MAINTENANCE

23,000

24,000

19,603

FOUNTAIN MAINTENANCE

18,000

21,000

17,097

ENGINEERING/INSPECTIONS

6,000

6,000

5,500

MANAGEMENT

38,124

38,124

34,947

SECRETARIAL

4,200

4,200

3,850

LEGAL

7,000

2,000

838

ASSESSMENT ROLL

8,000

8,000

0

AUDIT FEES

3,500

3,500

3,500

INSURANCE

7,500

7,202

7,202

LEGAL ADVERTISING

1,400

2,100

1,056

MISCELLANEOUS

1,000

1,000

449

POSTAGE

250

75

53

OFFICE SUPPLIES

600

450

396

DUES & SUBSCRIPTIONS

175

175

175

TRUSTEE FEES

4,000

3,500

3,500

CONTINUING DISCLOSURE FEE

350

350

0

WEBSITE MANAGEMENT

2,000

2,000

1,833

TOTAL EXPENDITURES

$	161,259

$	142,340

$	102,583

REVENUES LESS EXPENDITURES

$	324,349

$	350,862

$	390,295

BOND PAYMENTS

(295,242)

(299,974)

(299,974)

BALANCE

$	29,107

$	50,888

$	90,321

COUNTY APPRAISER & TAX COLLECTOR FEE

(9,702)

(5,477)

(5,477)

DISCOUNTS FOR EARLY PAYMENT

(19,405)

(17,727)

(17,727)

EXCESS/ (SHORTFALL)

$	-

$	27,684

$	67,117

CARRYOVER FROM PRIOR YEAR

0

0

0

NET EXCESS/ (SHORTFALL)

$	-

$	27,684

$	67,117

AMENDED FINAL BUDGET
TERRACINA COMMUNITY DEVELOPMENT DISTRICT DEBT SERVICE FUND
FISCAL YEAR 2024/2025 OCTOBER 1, 2024 - SEPTEMBER 30, 2025

Notes
Reserve Fund Balance = $16,857*. Revenue Fund Balances = $58,545*. Prepayment Account = $4,144*
Revenue Account Balance To Be Used To Make 11/1/2025 Interest Payment Of $22,349.
* Approximate Amounts

Series 2021 Bond Refunding Information

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

$2,856,000 2.350%
June 2021
May 2032

Annual Principal Payments Due: May 1st
Annual Interest Payments Due:
May 1st & November 1st

Par Amount As Of 9/30/25 =

$1,902,000

II

8/28/2025 12:07 PM

$74,657

$4,889

$79,546

FUND BALANCE AS OF 9/30/24

FY 2024/2025 ACTIVITY

FUND BALANCE AS OF 9/30/25

REVENUES

FISCAL YEAR 2024/2025 BUDGET 10/1/24 - 9/30/25

AMENDED FINAL BUDGET
10/1/24 - 9/30/25

YEAR TO DATE ACTUAL
10/1/24 - 8/31/25

Interest Income

400

5,500

5,269

NAV Tax Collection

295,242

292,747

292,747

Bond Prepayment

0

4,144

4,144

Total Revenues

$	295,642

$	302,391

$	302,160

EXPENDITURES

Principal Payments

247,000

247,000

247,000

Interest Payments

47,599

50,502

50,502

Bond Redemption

1,043

0

0

Total Expenditures

$	295,642

$	297,502

$	297,502

Excess/ (Shortfall)

$	-

$	4,889

$	4,658