Cypress Park Estates
Community Development District

Proposed Budget
FY2026

Table of Contents

1-2	General Fund	

3-8	

General Fund Narrative	

9	

Capital Reserve Fund	

10	

Debt Service Fun Series 2020A1	

11	

Amortization Schedule Series 2020A1	

12	

Debt Service Fund Series 2020A2	

13	

Amortization Schedule Series 2020A2	

14	

Debt Service Fund Series 2022	

15	

Amortization Schedule Series 2022	

Cypress Park Estates
Community Development District
Proposed Budget General Fund

	Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Proposed Budget	
Description	FY2025	3/31/25	6 Months	9/30/25	FY2026	

Revenues						
Assessments - On Roll	$	762,566	$	718,285	$	44,281	$	762,566	$	844,768	
Interest Income	$	-	$	3,763	$	8,400	$	12,163	$	6,081	
Miscellaneous Income	$	-	$	-	$	-	$	-	$	-	
Total Revenues	$	762,566	$	722,048	$	52,681	$	774,729	$	850,850	

Expenditures						
General & Administrative:						
Supervisor Fees	$	12,000	$	1,200	$	6,000	$	7,200	$	12,000	
Employer FICA Expense	$	-	$	31	$	459	$	490	$	918	
Engineer Fees	$	10,000	$	175	$	5,000	$	5,175	$	10,000	
Attorney Fees	$	25,000	$	10,711	$	15,400	$	26,111	$	25,000	
Annual Audit	$	7,500	$	7,200	$	-	$	7,200	$	7,500	
Assessment Adminstration	$	5,565	$	5,565	$	-	$	5,565	$	5,732	
Dissemination	$	7,350	$	3,675	$	3,678	$	7,353	$	7,574	
Arbitrage	$	1,350	$	900	$	450	$	1,350	$	1,350	
Trustee Fees	$	12,120	$	10,769	$	1,351	$	12,120	$	13,332	
Management Fees	$	45,000	$	22,500	$	22,500	$	45,000	$	46,350	
Information Technology	$	1,890	$	945	$	945	$	1,890	$	1,947	
Website Maintenance	$	1,260	$	630	$	630	$	1,260	$	1,298	
Postage & Delivery	$	500	$	497	$	250	$	747	$	500	
Insurance	$	6,817	$	6,631	$	-	$	6,631	$	8,810	
Copies	$	100	$	62	$	50	$	112	$	100	
Legal Advertising	$	2,000	$	1,359	$	1,000	$	2,359	$	2,000	
Other Current Charges	$	1,000	$	302	$	500	$	802	$	1,000	
Office Supplies	$	50	$	8	$	25	$	33	$	50	
Dues, Licenses & Subscriptions	$	175	$	175	$	-	$	175	$	175	
Total Administrative	$	139,677	$	73,334	$	58,238	$	131,572	$	145,635	

Operations & Maintenance						
Field Expenditures Property Insurance	

$	16,708	

$	16,628	

$	-	

$	16,628	

$	17,958	
Field Management	$	20,000	$	10,001	$	10,000	$	20,001	$	20,600	
Landscape Maintenance	$	128,870	$	57,786	$	57,786	$	115,572	$	135,500	
Landscape Replacement	$	25,000	$	-	$	12,500	$	12,500	$	45,000	
Streetlights	$	35,000	$	10,513	$	10,800	$	21,313	$	25,000	
Electric	$	13,068	$	6,033	$	6,000	$	12,033	$	13,300	
Water & Sewer	$	82,000	$	17,574	$	19,200	$	36,774	$	41,000	
Sidewalk & Asphalt Maintenance	$	2,500	$	-	$	1,250	$	1,250	$	2,500	
Irrigation Repairs	$	6,000	$	850	$	3,000	$	3,850	$	6,000	
Fountain Maintenance	$	1,800	$	600	$	1,200	$	1,800	$	1,800	
General Repairs & Maintenance	$	15,000	$	3,194	$	7,500	$	10,694	$	35,000	
Contingency	$	10,000	$	870	$	5,000	$	5,870	$	7,500	
Subtotal Field Expenditures	$	355,946	$	124,049	$	134,236	$	258,285	$	351,158	

Cypress Park Estates
Community Development District
Proposed Budget General Fund

Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Proposed Budget	
Description	FY2025	3/31/25	6 Months	9/30/25	FY2026	

Amenity Expenditures						
Amenity - Electric	$	24,684	$	10,768	$	10,800	$	21,568	$	25,000	
Amenity - Water	$	22,416	$	8,436	$	10,200	$	18,636	$	20,500	
Playground Lease	$	37,164	$	17,525	$	18,582	$	36,107	$	36,107	
Internet	$	2,500	$	600	$	600	$	1,200	$	1,200	
Pest Control	$	720	$	440	$	280	$	720	$	4,708	
Janitorial Service	$	14,705	$	4,975	$	7,245	$	12,220	$	14,705	
Amenity Management	$	12,500	$	6,250	$	6,250	$	12,500	$	12,875	
Security Services	$	36,054	$	12,939	$	17,500	$	30,439	$	36,054	
Pool Maintenance	$	23,700	$	7,745	$	15,200	$	22,945	$	24,408	
Holiday Décor	$	-	$	-	$	-	$	-	$	11,000	
Amenity Repairs & Maintenance	$	10,000	$	3,699	$	5,000	$	8,699	$	10,000	
Contingency	$	7,500	$	1,685	$	3,750	$	5,435	$	7,500	
Subtotal Amenity Expenditures	$	191,943	$	75,062	$	95,407	$	170,469	$	204,057	
						
Total Operations & Maintenance	$	547,889	$	199,110	$	229,643	$	428,753	$	555,215	
Other Expenditures						
Capital Reserves	$	75,000	$	75,000	$	-	$	75,000	$	150,000	
Total Other Expenditures	$	75,000	$	75,000	$	-	$	75,000	$	150,000	
						
Total Expenditures	$	762,566	$	347,445	$	287,881	$	635,326	$	850,850	
						
Excess Revenues/(Expenditures)	$	-	$	374,603	$	(235,200)	$	139,403	$	-	

Net Assessments	
$	844,768	
Add: Discounts & Collections 7%		$63,585 	
Gross Assessments		$908,353 	
Assessable Units	703	
Per Unit Gross Assessment		$1,292.11 	
FY25 Per Unit Gross Assessments		$1,166.38 	
Increase		$125.73 	
Product	ERU's	Assessable Units	ERU/Unit	Net Assessment	Net Per Unit	Gross Per Unit	
Phase 1	354.00	354	1.00	$425,388	$1,202	$1,292	
Phase 2	178.00	178	1.00	$213,896	$1,202	$1,292	
Phase 3	171.00	171	1.00	$205,484	$1,202	$1,292	
	703.00	703		$844,768			

Cypress Park Estates Community Development District General Fund Budget
REVENUES:

Assessments

The District will levy a non-ad valorem assessment on all the assessable property within the District in order to pay for operating expenditures during the fiscal year.

Interest Income

Represents interest earned on excess funds invested with Bank United.

EXPENDITURES:

Administrative:

Supervisor Fees

Chapter 190, Florida Statutes, allows for each Board member to receive $200 per meeting, not to exceed $4,800 per year paid to each Supervisor for the time devoted to District business and meetings.

Employer FICA Expense

Represents the Employer’s share of Social Security and Medicare taxes withheld from Board of Supervisors checks

Engineer Fees

The District's engineer, Gadd & Associates, provides general engineering services to the District, e.g. attendance and preparation for monthly board meetings, review invoices and various projects as directed by the Board of Supervisors and the District Manager.

Attorney Fees

The District's legal counsel, Kilinski | Van Wyk, PLLC, provides general legal services to the District, e.g., attendance and preparation for meetings, preparation and review of agreements, resolutions, etc. as directed by the Board of Supervisors and the District Manager.

Annual Audit

The District is required by Florida Statutes to arrange for an independent audit of its financial records on an annual basis. The District is currently contracted with Grau & Associates for these services.

Assessment Administration

The District has contracted with Governmental Management Services-Central Florida, LLC, to levy and administer the collection of non-ad valorem assessment on all assessable property within the District.

Cypress Park Estates Community Development District General Fund Budget
Dissemination

The District is required by the Security and Exchange Commission to comply with Rule 15c2-12(b)(5) which relates to additional reporting requirements for unrated bond issues. This cost is based upon the Series 2020 A1, 2020 A2 and 2022. Governmental Management Services-Central Florida, LLC, provides these services.

Arbitrage

The District will contract with an independent certified public accountant to annually calculate the District’s Arbitrage Rebate Liability on its Series 2020 A1, 2020 A2 and 2022 bonds.

Trustee Fees

The District will incur trustee related costs with the issuance of its’ issued bonds.

Management Fees

The District receives Management, Accounting and Administrative services as part of a Management Agreement with Governmental Management Services-Central Florida, LLC. The services include but are not limited to, recording and transcription of board meetings, administrative services, budget preparation, all financial reports, annual audits, etc.

Information Technology

Represents various cost of information technology for the District such as video conferencing, cloud storage and servers, positive pay implementation and programming for fraud protection, accounting software, tablets for meetings, Adobe, Microsoft Office, etc. Governmental Management Services-Central Florida, LLC, provides these services.

Website Maintenance

Represents the costs associated with monitoring and maintaining the District’s website created in accordance with Chapter 189, Florida Statutes. These services include site performance assessments, security and firewall maintenance, updates, document uploads, hosting and domain renewals, website backups, etc. Governmental Management Services-Central Florida, LLC, provides these services.

Postage & Delivery

The District incurs charges for mailing of Board meeting agenda packages, overnight deliveries, correspondence, etc.

Insurance

The District’s general liability and public official’s liability insurance coverage is provided by the Florida Insurance Alliance (FIA). FIA specializes in providing insurance coverage to governmental agencies.
Copies

Printing agenda materials for board meetings, printing of computerized checks, stationary, envelopes etc.

Cypress Park Estates Community Development District General Fund Budget

Legal Advertising

The District is required to advertise various notices for monthly Board meetings, public hearings, etc. in a newspaper of general circulation.

Other Current Charges

Bank charges and any other miscellaneous expenses incurred during the year.

Office Supplies

Any supplies that may need to be purchased during the fiscal year, e.g., paper, minute books, file folders, labels, paper clips, etc.

Dues, Licenses & Subscriptions

The District is required to pay an annual fee to the Florida Department of Economic Opportunity for $175. This is the only expense under this category for the District.

Operations & Maintenance:

Field Expenditures

Property Insurance

The District’s property insurance coverage is provided by the Florida Insurance Alliance (FIA). FIA specializes in providing insurance coverage to governmental agencies.

Field Management

Represents the costs of contracting services that provide onsite field management of contracts for the District such as landscape and lake maintenance. Services can include onsite inspections, meetings with contractors, monitoring of utility accounts, attend Board meetings and receive and respond to property owner phone calls and emails. Governmental Management Services-Central Florida, LLC, provides these services.

Landscape Maintenance

The District has contracts with Prince & Sons, Inc. to provide landscaping services throughout the District. These services include mowing, edging, trimming, cleanup, detailing and pruning as well as maintenance of the irrigation systems.

Landscape Replacement

Represents the estimated cost of replacing landscaping within the common areas of the District.

Cypress Park Estates Community Development District General Fund Budget

Streetlights

Represents the cost to maintain street lights within the District Boundaries that are expected to be in place throughout the fiscal year.

Electric

Represents current and estimated electric charges of common areas throughout the District.

Water & Sewer

Represents current and estimated costs for water and refuse services provided for common areas throughout the District.

Address	Monthly Amount	Annual Amount	
5150 E Johnson Ave	$2,450	$29,400	
4701 Baker Dairy Rd	$187	$2,244	
4975 Baker Dairy Rd	$460	$5,520	
290 Bottle Brush Drive	$45	$540	
959 Sabal Point	$180	$2,160	
Contingency			$1,136		
		$41,000	

Sidewalk & Asphalt Maintenance

Represents the estimated costs of maintaining the sidewalks and asphalt throughout the District’s Boundary.

Irrigation Repairs

Represents the cost of maintaining and repairing the irrigation system. This includes the sprinklers, and irrigation wells.

Fountain Maintenance

Represents the cost of maintaining and repairing the fountain at the entrance.

General Repairs & Maintenance

Represents estimated costs for general repairs and maintenance of the District’s common areas. These can include pressure washing, and repairs to fences, monuments, lighting, and other assets

Contingency

Represents funds allocated to expenses that the District could incur throughout the fiscal year that do not fit into any field category.

Cypress Park Estates Community Development District General Fund Budget

Amenity Expenditures

Amenity - Electric

Represents estimated electric charges for the District’s amenity facilities.

Amenity – Water

Represents estimated water charges for the District’s amenity facilities.

Address	Monthly Amount	Annual Amount	
1209 Tupelo Trail (Irrigation)	$1,500	$18,000	
Contingency			$2,500		
		$20,500	

Playground Lease

Represents estimated cost of leasing agreement for playgrounds to be installed in the community.

Internet

Internet service will be added for use at the Amenity Facilities.

Pest Control

The District is contracted with Massey Services, Inc. for pest control treatments to its amenity facilities.

Janitorial Services

Represents the estimated costs to provide janitorial services weekly and supplies for the District’s amenity facilities. The district is contracted with CSS Clean Star Services of Central Florida.

Amenity Management

Amenity Management provides access card issuance through registration, proof of residency, and photo identification. The team also provides keycard troubleshooting for issues and concerns related to access control. Staff reviews security concerns and amenity policy violations via remote camera monitoring on an as-needed basis. Districts are provided electronic communication for District news and direct remote customer service through phone and email directly to the Amenity Access Team.

Security Services

Represents the estimated cost of contracting a monthly security service for the District’s amenity facilities.

Pool Maintenance

Represents the costs of regular cleaning and treatments of the District’s pool. These services are provided by Resort Pool Services.

Cypress Park Estates Community Development District General Fund Budget
Holiday Décor

Represents the estimated costs of adding holiday décor to the districts monuments.

Amenity Repairs & Maintenance

Represents estimated costs for repairs and maintenance of the District’s amenity facilities.

Contingency

Represents funds allocated to expenses that the District could incur throughout the fiscal year that do not fit into any amenity category.

Other Expenditures:

Capital Reserves

Funds collected and reserved for the replacement of and/or purchase of new capital improvements throughout the District.

Cypress Park Estates
Community Development District

Proposed Budget Capital Reserve Fund

	Adopted Budget	Actuals Thru		Projected Next	Projected Thru	Proposed Budget	
Description	FY2025	3/31/25		6 Months	9/30/25	FY2026	

Revenues							
Carry Forward Surplus	$	33,571	$	-		$	-	$	-	$	33,136	
Interest	$	-	$	91	$	545	$	636	$	2,813	
Total Revenues	$	33,571	$	91	$	545	$	636	$	35,949	

Expenditures							
Special Projects	$	-	$	-		$	-	$	-	$	75,000	
Holiday Decorations	$	10,000	$	-		$	-	$	-	$	-	
Chair Lift Replacement	$	10,500	$	-		$	10,500	$	10,500	$	-	
Playground Shade	$	32,000	$	-		$	32,000	$	32,000	$	-	
Contingency	$	-	$	15	$	(15)	$	-	$	-	
Total Expenditures	$	52,500	$	15	$	42,485	$	42,500	$	75,000	

Other Financing Sources/(Uses)							

Transfer In	
$	75,000	
$	75,000	
$	-	
$	75,000	
$	150,000	
Total Other Financing Sources/(Uses)	$	75,000	$	75,000	$	-	$	75,000	$	150,000	
						
Excess Revenues/(Expenditures)	$	56,071	$	75,076	$	(41,940)	$	33,136	$	110,949	

Cypress Park Estates
Community Development District

Proposed Budget Debt Service Fund Series 2020 A-1

		Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Proposed Budget	
	Description	FY2025	3/31/25	6 Months	9/30/25	FY2026	

Revenues							

Special Assessments - 2020 A1	
$	442,500	
$	416,805	
$	25,695	
$	442,500	
$	442,500	
Interest Income	$	-	$	9,059	$	4,529	$	13,588	$	6,794	
Carry Forward Surplus	$	-	$	416,190	$	-	$	416,190	$	431,647	
Total Revenues	$	442,500	$	842,054	$	30,224	$	872,278	$	880,941	
Expenditures						
Series 2020A-1						
Interest - 11/1	$	140,316	$	140,316	$	-	$	140,316	$	138,216	
Principal - 5/1	$	160,000	$	-	$	160,000	$	160,000	$	165,000	
Interest - 5/1	$	140,316	$	-	$	140,316	$	140,316	$	138,216	
Total Expenditures	$	440,631	$	140,316	$	300,316	$	440,631	$	441,431	
						
Excess Revenues/(Expenditures)	$	1,869	$	701,738	$	(270,091)	$	431,647	$	439,509	

*Carry forward less amount in Reserve funds.						
				Series 2020 A-1		
				Interest- 11/1/26		$135,534		
Total 	$135,534		

Product	
Assessable Units	Maximum Annual Debt Service	Net Assessment Per Unit	Gross Assessment Per Unit	
Single Family Phase 1	354	$442,500	$1,250	$1,344	
	354	$442,500			

Cypress Park Estates
Community Development District
Series 2020 Special Assessment Bonds Area 1 Amortization Schedule

DATE		BALANCE		PRINCIPAL		INTEREST		TOTAL	
									
11/01/25	$	7,150,000.00	$	-	$	138,215.63	$	438,531.25	
05/01/26	$	7,150,000.00	$	165,000.00	$	138,215.63	$	-	
11/01/26	$	6,985,000.00	$	-	$	135,534.38	$	438,750.00	
05/01/27	$	6,985,000.00	$	170,000.00	$	135,534.38	$	-	
11/01/27	$	6,815,000.00	$	-	$	132,771.88	$	438,306.25	
05/01/28	$	6,815,000.00	$	175,000.00	$	132,771.88	$	-	
11/01/28	$	6,640,000.00	$	-	$	129,928.13	$	437,700.00	
05/01/29	$	6,640,000.00	$	185,000.00	$	129,928.13	$	-	
11/01/29	$	6,455,000.00	$	-	$	126,921.88	$	441,850.00	
05/01/30	$	6,455,000.00	$	190,000.00	$	126,921.88	$	-	
11/01/30	$	6,265,000.00	$	-	$	123,834.38	$	440,756.25	
05/01/31	$	6,265,000.00	$	195,000.00	$	123,834.38	$	-	
11/01/31	$	6,070,000.00	$	-	$	120,056.25	$	438,890.63	
05/01/32	$	6,070,000.00	$	205,000.00	$	120,056.25	$	-	
11/01/32	$	5,865,000.00	$	-	$	116,084.38	$	441,140.63	
05/01/33	$	5,865,000.00	$	210,000.00	$	116,084.38	$	-	
11/01/33	$	5,655,000.00	$	-	$	112,015.63	$	438,100.00	
05/01/34	$	5,655,000.00	$	220,000.00	$	112,015.63	$	-	
11/01/34	$	5,435,000.00	$	-	$	107,753.13	$	439,768.75	
05/01/35	$	5,435,000.00	$	230,000.00	$	107,753.13	$	-	
11/01/35	$	5,205,000.00	$	-	$	103,296.88	$	441,050.00	
05/01/36	$	5,205,000.00	$	240,000.00	$	103,296.88	$	-	
11/01/36	$	4,965,000.00	$	-	$	98,646.88	$	441,943.75	
05/01/37	$	4,965,000.00	$	245,000.00	$	98,646.88	$	-	
11/01/37	$	4,720,000.00	$	-	$	93,900.00	$	437,546.88	
05/01/38	$	4,720,000.00	$	255,000.00	$	93,900.00	$	-	
11/01/38	$	4,465,000.00	$	-	$	88,959.38	$	437,859.38	
05/01/39	$	4,465,000.00	$	265,000.00	$	88,959.38	$	-	
11/01/39	$	4,200,000.00	$	-	$	83,825.00	$	437,784.38	
05/01/40	$	4,200,000.00	$	280,000.00	$	83,825.00	$	-	
11/01/40	$	3,920,000.00	$	-	$	78,400.00	$	442,225.00	
05/01/41	$	3,920,000.00	$	290,000.00	$	78,400.00	$	-	
11/01/41	$	3,630,000.00	$	-	$	72,600.00	$	441,000.00	
05/01/42	$	3,630,000.00	$	300,000.00	$	72,600.00	$	-	
11/01/42	$	3,330,000.00	$	-	$	66,600.00	$	439,200.00	
05/01/43	$	3,330,000.00	$	315,000.00	$	66,600.00	$	-	
11/01/43	$	3,015,000.00	$	-	$	60,300.00	$	441,900.00	
05/01/44	$	3,015,000.00	$	325,000.00	$	60,300.00	$	-	
11/01/44	$	2,690,000.00	$	-	$	53,800.00	$	439,100.00	
05/01/45	$	2,690,000.00	$	340,000.00	$	53,800.00	$	-	
11/01/45	$	2,350,000.00	$	-	$	47,000.00	$	440,800.00	
05/01/46	$	2,350,000.00	$	355,000.00	$	47,000.00	$	-	
11/01/46	$	1,995,000.00	$	-	$	39,900.00	$	441,900.00	
05/01/47	$	1,995,000.00	$	365,000.00	$	39,900.00	$	-	
11/01/47	$	1,630,000.00	$	-	$	32,600.00	$	437,500.00	
05/01/48	$	1,630,000.00	$	385,000.00	$	32,600.00	$	-	
11/01/48	$	1,245,000.00	$	-	$	24,900.00	$	442,500.00	
05/01/49	$	1,245,000.00	$	400,000.00	$	24,900.00	$	-	
11/01/49	$	845,000.00	$	-	$	16,900.00	$	441,800.00	
05/01/50	$	845,000.00	$	415,000.00	$	16,900.00	$	-	
11/1/50	$	430,000.00	$	-	$	8,600.00	$	440,500.00	
5/1/51	$	430,000.00	$	430,000.00	$	8,600.00	$	438,600.00	
			$	7,620,000.00 $	5,280,787.50 $	13,197,140.63	

Cypress Park Estates
Community Development District

Proposed Budget Debt Service Fund Series 2020 A-2

		Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Proposed Budget	
	Description	FY2025	3/31/25	6 Months	9/30/25	FY2026	

Revenues							

Special Assessments - 2020 A2	
$	71,200	
$	67,066	
$	4,134	
$	71,200	
$	71,200	
Interest Income	$	-	$	1,531	$	765	$	2,296	$	1,148	
Carry Forward Surplus	$	-	$	70,579	$	-	$	70,579	$	73,318	
Total Revenues	$	71,200	$	139,175	$	4,900	$	144,074	$ 145,666	
Expenditures						
Series 2020A-2						
Interest- 11/1	$	22,878	$	22,878	$	-	$	22,878	$	22,378	
Principal - 5/1	$	25,000	$	-	$	25,000	$	25,000	$	25,000	
Interest - 5/1	$	22,878	$	-	$	22,878	$	22,878	$	22,378	
Total Expenditures	$	70,756	$	22,878	$	47,878	$	70,756	$	69,756	
						
Excess Revenues/(Expenditures)	$	444	$	116,297	$	(42,979)	$	73,318	$	75,910	

*Carry forward less amount in Reserve funds.						
				Series 2020 A-2		
Interest - 11/1/26 	$21,878	
Total 	$21,878	

Product	
Assessable Units	Maximum Annual Debt Service	Net Assessment Per Unit	Gross Assessment Per Unit	
Single Family Phase 2	178	$71,200	$400	$430	
	178	$71,200			

Cypress Park Estates
Community Development District Series 2020 Special Assessment Bonds Area 2 Amortization Schedule

DATE		BALANCE		PRINCIPAL		INTEREST		TOTAL	
									
11/01/25	$	1,100,000.00	$	-	$	22,378.13	$	70,256.25	
05/01/26	$	1,100,000.00	$	25,000.00	$	22,378.13	$	-	
11/01/26	$	1,075,000.00	$	-	$	21,878.13	$	69,256.25	
05/01/27	$	1,075,000.00	$	25,000.00	$	21,878.13	$	-	
11/01/27	$	1,050,000.00	$	-	$	21,378.13	$	68,256.25	
05/01/28	$	1,050,000.00	$	25,000.00	$	21,378.13	$	-	
11/01/28	$	1,025,000.00	$	-	$	20,878.13	$	67,256.25	
05/01/29	$	1,025,000.00	$	30,000.00	$	20,878.13	$	-	
11/01/29	$	995,000.00	$	-	$	20,278.13	$	71,156.25	
05/01/30	$	995,000.00	$	30,000.00	$	20,278.13	$	-	
11/01/30	$	965,000.00	$	-	$	19,678.13	$	69,956.25	
05/01/31	$	965,000.00	$	30,000.00	$	19,678.13	$	-	
11/01/31	$	935,000.00	$	-	$	19,078.13	$	68,756.25	
05/01/32	$	935,000.00	$	30,000.00	$	19,078.13	$	-	
11/01/32	$	905,000.00	$	-	$	18,478.13	$	67,556.25	
05/01/33	$	905,000.00	$	30,000.00	$	18,478.13	$	-	
11/01/33	$	875,000.00	$	-	$	17,878.13	$	66,356.25	
05/01/34	$	875,000.00	$	35,000.00	$	17,878.13	$	-	
11/01/34	$	840,000.00	$	-	$	17,178.13	$	70,056.25	
05/01/35	$	840,000.00	$	35,000.00	$	17,178.13	$	-	
11/01/35	$	805,000.00	$	-	$	16,478.13	$	68,656.25	
05/01/36	$	805,000.00	$	35,000.00	$	16,478.13	$	-	
11/01/36	$	770,000.00	$	-	$	15,778.13	$	67,256.25	
05/01/37	$	770,000.00	$	40,000.00	$	15,778.13	$	-	
11/01/37	$	730,000.00	$	-	$	14,978.13	$	70,756.25	
05/01/38	$	730,000.00	$	40,000.00	$	14,978.13	$	-	
11/01/38	$	690,000.00	$	-	$	14,178.13	$	69,156.25	
05/01/39	$	690,000.00	$	40,000.00	$	14,178.13	$	-	
11/01/39	$	650,000.00	$	-	$	13,378.13	$	67,556.25	
05/01/40	$	650,000.00	$	45,000.00	$	13,378.13	$	-	
11/01/40	$	605,000.00	$	-	$	12,478.13	$	70,856.25	
05/01/41	$	605,000.00	$	45,000.00	$	12,478.13	$	-	
11/01/41	$	560,000.00	$	-	$	11,550.00	$	69,028.13	
05/01/42	$	560,000.00	$	45,000.00	$	11,550.00	$	-	
11/01/42	$	515,000.00	$	-	$	10,621.88	$	67,171.88	
05/01/43	$	515,000.00	$	50,000.00	$	10,621.88	$	-	
11/01/43	$	465,000.00	$	-	$	9,590.63	$	70,212.50	
05/01/44	$	465,000.00	$	50,000.00	$	9,590.63	$	-	
11/01/44	$	415,000.00	$	-	$	8,559.38	$	68,150.00	
05/01/45	$	415,000.00	$	55,000.00	$	8,559.38	$	-	
11/01/45	$	360,000.00	$	-	$	7,425.00	$	70,984.38	
05/01/46	$	360,000.00	$	55,000.00	$	7,425.00	$	-	
11/01/46	$	305,000.00	$	-	$	6,290.63	$	68,715.63	
05/01/47	$	305,000.00	$	55,000.00	$	6,290.63	$	-	
11/01/47	$	250,000.00	$	-	$	5,156.25	$	66,446.88	
05/01/48	$	250,000.00	$	60,000.00	$	5,156.25	$	-	
11/01/48	$	190,000.00	$	-	$	3,918.75	$	69,075.00	
05/01/49	$	190,000.00	$	60,000.00	$	3,918.75	$	-	
11/01/49	$	130,000.00	$	-	$	2,681.25	$	66,600.00	
05/01/50	$	130,000.00	$	65,000.00	$	2,681.25	$	-	
11/1/50	$	65,000.00	$	-	$	1,340.63	$	69,021.88	
5/1/51	$	65,000.00	$	65,000.00	$	1,340.63	$	66,340.63	
			$	1,145,000.00	$	799,281.25	$	1,987,959.38	

Cypress Park Estates
Community Development District

Proposed Budget Debt Service Fund Series 2022

		Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Proposed Budget	
	Description	FY2025	3/31/25	6 Months	9/30/25	FY2026	

Revenues							

Special Assessments	
$	434,150	
$	408,940	
$	25,210	
$	434,150	
$	434,150	
Interest Income	$	13,000	$	9,018	$	2,255	$	11,273	$	5,636	
Carry Forward Surplus	$	-	$	226,365	$	-	$	226,365	$	239,225	
Total Revenues	$	447,150	$	644,323	$	27,465	$	671,788	$	679,011	

Expenditures						
Series 2022						
Interest - 11/1	$	161,281	$	161,281	$	-	$	161,281	$	158,875	
Principal - 5/1	$	110,000	$	-	$	110,000	$	110,000	$	115,000	
Interest - 5/1	$	161,281	$	-	$	161,281	$	161,281	$	158,875	
Total Expenditures	$	432,563	$	161,281	$	271,281	$	432,563	$	432,750	
						
Excess Revenues/(Expenditures)	$	14,588	$	483,042	$  (243,817)	$	239,225	$	246,261	

*Carry forward less amount in Reserve funds.						
				Series 2022		
Interest - 11/1/26 	$156,359	
Total 	$156,359	

Product	
Assessable Units	Maximum Annual Debt Service	Net Assessment Per Unit	Gross Assessment Per Unit	
Single Family - Phase 2	178	$169,100	$950	$1,022	
Single family - Phase 3	171	$265,050	$1,550	$1,667	
	349	$434,150			

Cypress Park Estates Community Development District Series 2022 Special Assessment Bonds Amortization Schedule

DATE		BALANCE		PRINCIPAL		INTEREST		TOTAL	
									
11/01/25	$	6,100,000.00	$	-	$	158,875.00	$	430,156.25	
05/01/26	$	6,100,000.00	$	115,000.00	$	158,875.00	$	-	
11/01/26	$	6,100,000.00	$	-	$	156,359.38	$	430,234.38	
05/01/27	$	6,100,000.00	$	120,000.00	$	156,359.38	$	-	
11/01/27	$	6,100,000.00	$	-	$	153,734.38	$	430,093.75	
05/01/28	$	6,100,000.00	$	125,000.00	$	153,734.38	$	-	
11/01/28	$	5,975,000.00	$	-	$	150,765.63	$	429,500.00	
05/01/29	$	5,975,000.00	$	135,000.00	$	150,765.63	$	-	
11/01/29	$	5,840,000.00	$	-	$	147,559.38	$	433,325.00	
05/01/30	$	5,840,000.00	$	140,000.00	$	147,559.38	$	-	
11/01/30	$	5,555,000.00	$	-	$	144,234.38	$	431,793.75	
05/01/31	$	5,400,000.00	$	145,000.00	$	144,234.38	$	-	
11/01/31	$	5,400,000.00	$	-	$	140,790.63	$	430,025.00	
05/01/32	$	5,400,000.00	$	155,000.00	$	140,790.63	$	-	
11/01/32	$	5,400,000.00	$	-	$	137,109.38	$	432,900.00	
05/01/33	$	5,400,000.00	$	160,000.00	$	137,109.38	$	-	
11/01/33	$	5,240,000.00	$	-	$	133,109.38	$	430,218.75	
05/01/34	$	5,240,000.00	$	170,000.00	$	133,109.38	$	-	
11/01/34	$	5,070,000.00	$	-	$	128,859.38	$	431,968.75	
05/01/35	$	5,070,000.00	$	180,000.00	$	128,859.38	$	-	
11/01/35	$	4,890,000.00	$	-	$	124,359.38	$	433,218.75	
05/01/36	$	4,890,000.00	$	185,000.00	$	124,359.38	$	-	
11/01/36	$	4,705,000.00	$	-	$	119,734.38	$	429,093.75	
05/01/37	$	4,705,000.00	$	195,000.00	$	119,734.38	$	-	
11/01/37	$	4,510,000.00	$	-	$	114,859.38	$	429,593.75	
05/01/38	$	4,510,000.00	$	205,000.00	$	114,859.38	$	-	
11/01/38	$	4,305,000.00	$	-	$	109,734.38	$	429,593.75	
05/01/39	$	4,305,000.00	$	215,000.00	$	109,734.38	$	-	
11/01/39	$	4,090,000.00	$	-	$	104,359.38	$	429,093.75	
05/01/40	$	4,090,000.00	$	225,000.00	$	104,359.38	$	-	
11/01/40	$	3,375,000.00	$	-	$	98,734.38	$	428,093.75	
05/01/41	$	3,375,000.00	$	240,000.00	$	98,734.38	$	-	
11/01/41	$	3,375,000.00	$	-	$	92,734.38	$	431,468.75	
05/01/42	$	3,375,000.00	$	250,000.00	$	92,734.38	$	-	
11/01/42	$	3,375,000.00	$	-	$	86,484.38	$	429,218.75	
05/01/43	$	3,375,000.00	$	265,000.00	$	86,484.38	$	-	
11/01/43	$	3,110,000.00	$	-	$	79,693.75	$	431,178.13	
05/01/44	$	3,110,000.00	$	280,000.00	$	79,693.75	$	-	
11/01/44	$	2,830,000.00	$	-	$	72,518.75	$	432,212.50	
05/01/45	$	2,830,000.00	$	295,000.00	$	72,518.75	$	-	
11/01/45	$	2,535,000.00	$	-	$	64,959.38	$	432,478.13	
05/01/46	$	2,535,000.00	$	310,000.00	$	64,959.38	$	-	
11/01/46	$	2,225,000.00	$	-	$	57,015.63	$	431,975.00	
05/01/47	$	2,225,000.00	$	325,000.00	$	57,015.63	$	-	
11/01/47	$	1,900,000.00	$	-	$	48,687.50	$	430,703.13	
05/01/48	$	1,900,000.00	$	340,000.00	$	48,687.50	$	-	
11/01/48	$	1,560,000.00	$	-	$	39,975.00	$	428,662.50	
05/01/49	$	1,560,000.00	$	360,000.00	$	39,975.00	$	-	
11/01/49	$	1,200,000.00	$	-	$	30,750.00	$	430,725.00	
05/01/50	$	1,200,000.00	$	380,000.00	$	30,750.00	$	-	
11/1/50	$	820,000.00	$	-	$	21,012.50	$	431,762.50	
5/1/51	$	820,000.00	$	400,000.00	$	21,012.50	$	-	
11/1/51	$	420,000.00	$	-	$	10,762.50	$	431,775.00	
5/1/52	$	420,000.00	$	420,000.00	$	10,762.50	$	430,762.50	
			$	6,550,000.00	$	5,941,684.50	$	12,491,684.50