Cypress Park Estates
Community Development District

Proposed Budget
FY 2027

Table of Contents

1-2	General Fund	

3-7	

General Fund Narrative	

8	

Capital Reserve Fund	

9	

Debt Service Fun Series 2020A1	

10	

Amortization Schedule Series 2020A1	

11	

Debt Service Fund Series 2020A2	

12	

Amortization Schedule Series 2020A2	

13	

Debt Service Fund Series 2022	

14	

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	FY2026	3/31/26	6 Months	9/30/26	FY2027	

Revenues						
Assessments - On Roll	$	762,566	$	703,947	$	58,619	$	762,566	$	762,566	
Interest Income	$	5,568	$	6,352	$	2,117	$	8,469	$	4,235	
Miscellaneous Income	$	-	$	1,493	$	-	$	1,493	$	-	
Total Revenues	$	768,134	$	711,792	$	60,737	$	772,529	$	766,801	

Expenditures						
General & Administrative:						
Supervisor Fees	$	12,000	$	2,000	$	6,000	$	8,000	$	12,000	
Engineer Fees	$	10,000	$	2,000	$	7,000	$	9,000	$	10,000	
Attorney Fees	$	30,000	$	4,725	$	19,600	$	24,325	$	25,000	
Annual Audit	$	4,600	$	4,600	$	-	$	4,600	$	4,700	
Assessment Adminstration	$	5,732	$	5,732	$	-	$	5,732	$	6,019	
Dissemination	$	7,574	$	3,787	$	3,787	$	7,574	$	7,953	
Arbitrage	$	1,350	$	1,350	$	-	$	1,350	$	1,350	
Trustee Fees	$	13,332	$	11,442	$	1,890	$	13,332	$	13,332	
Management Fees	$	46,350	$	23,175	$	23,175	$	46,350	$	48,668	
Information Technology	$	1,947	$	974	$	974	$	1,947	$	2,044	
Website Maintenance	$	1,298	$	649	$	649	$	1,298	$	1,363	
Postage & Delivery	$	500	$	777	$	600	$	1,377	$	1,500	
Insurance	$	8,810	$	6,810	$	-	$	6,810	$	7,491	
Copies	$	100	$	149	$	150	$	299	$	350	
Legal Advertising	$	2,000	$	1,700	$	750	$	2,450	$	3,000	
Other Current Charges	$	1,000	$	266	$	300	$	566	$	1,000	
Office Supplies	$	50	$	4	$	25	$	29	$	50	
Dues, Licenses & Subscriptions	$	175	$	175	$	-	$	175	$	175	
Total Administrative	$	146,817	$	70,314	$	64,899	$	135,213	$	145,994	

Operations & Maintenance						
Field Expenditures Property Insurance	

$	17,958	

$	15,954	

$	-	

$	15,954	

$	15,156	
Field Management	$	20,600	$	10,300	$	10,300	$	20,600	$	21,630	
Landscape Maintenance	$	135,500	$	61,818	$	61,818	$	123,636	$	135,684	
Landscape Replacement	$	45,000	$	3,885	$	22,500	$	26,385	$	45,000	
Streetlights	$	25,000	$	13,841	$	14,100	$	27,941	$	31,000	
Electric	$	13,300	$	4,700	$	5,100	$	9,800	$	13,300	
Water & Sewer	$	45,000	$	13,070	$	16,800	$	29,870	$	45,000	
Sidewalk & Asphalt Maintenance	$	2,500	$	-	$	1,250	$	1,250	$	2,500	
Irrigation Repairs	$	6,000	$	1,303	$	3,000	$	4,303	$	6,000	
Fountain Maintenance	$	1,800	$	900	$	900	$	1,800	$	1,860	
General Repairs & Maintenance	$	25,000	$	12,172	$	12,500	$	24,672	$	20,000	
Reserve Study	$	-	$	-	$	-	$	-	$	6,500	
Stormwater Maintenance	$	-	$	-	$	-	$	-	$	30,000	
Contingency	$	10,000	$	10,135	$	-	$	10,135	$	10,000	
Subtotal Field Expenditures	$	347,658	$	148,079	$	148,268	$	296,347	$	383,630	

Cypress Park Estates
Community Development District
Proposed Budget General Fund

Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Proposed Budget	
Description	FY2026	3/31/26	6 Months	9/30/26	FY2027	

Amenity Expenditures
Amenity - Electric	
$	25,000	
$	10,706	
$	13,200	
$	23,906	
$	27,000	
Amenity - Water	$	20,500	$	7,720	$	9,600	$	17,320	$	20,500	
Playground Lease	$	36,107	$	54,000	$	-	$	54,000	$	-	
Internet	$	1,200	$	550	$	660	$	1,210	$	1,500	
Pest Control	$	4,708	$	480	$	240	$	720	$	4,708	
Janitorial Service	$	14,705	$	5,960	$	6,000	$	11,960	$	15,995	
Amenity Management	$	12,875	$	6,438	$	6,438	$	12,875	$	13,519	
Security Services	$	54,054	$	19,104	$	27,027	$	46,131	$	56,757	
Pool Maintenance	$	24,408	$	11,905	$	11,850	$	23,755	$	24,300	
Amenity Repairs & Maintenance	$	15,000	$	5,420	$	7,500	$	12,920	$	15,000	
Contingency	$	7,500	$	-	$	3,750	$	3,750	$	7,500	
Subtotal Amenity Expenditures	$	216,057	$	122,281	$	86,265	$	208,546	$	186,778	
						
Total Operations & Maintenance	$	563,715	$	270,360	$	234,533	$	504,892	$	570,408	

Other Expenditures
Capital Reserves	

$	57,603	

$	57,603	

$	-	

$	57,603	

$	50,398	
Total Other Expenditures	$	57,603	$	57,603	$	-	$	57,603	$	50,398	

Total Expenditures	$	768,134	$	398,277	$	299,432	$	697,709	$	766,801	
						
Excess Revenues/(Expenditures)	$	(0)	$	313,515	$	(238,695)	$	74,820	$	-	

Net Assessments	
$762,566.24	
Add: Discounts & Collections 7%		$57,397.46 	
Gross Assessments		$819,963.70 	
Assessable Units	703	
Per Unit Gross Assessment		$1,166.38 	
FY26 Per Unit Gross Assessments		$1,166.38 	
Increase		$0.00 	
Product	ERU's	Assessable Units	ERU/Unit	Net Assessment	Net Per Unit	Gross Per Unit	
Phase 1	354.00	354	1.00	$383,995	$1,085	$1,166	
Phase 2	178.00	178	1.00	$193,082	$1,085	$1,166	
Phase 3	171.00	171	1.00	$185,489	$1,085	$1,166	
	703.00	703		$762,566			

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 earnings from funds held in the District’s operating and reserve accounts.

EXPENDITURES:

Administrative:

Supervisor Fees

Represents compensation for Board of Supervisors members in accordance with Chapter 190, Florida Statutes, which allows up to $200 per meeting, not to exceed $4,800 annually per Supervisor for the performance of District business.

Engineer Fees

Represents general engineering services provided by Dewberry Engineers Inc., including but not limited to attendance and preparation for monthly Board meetings, review of invoices, and support for various projects as directed by the Board of Supervisors and the District Manager.

Attorney Fees

Represents general legal services provided by Kilinski Van Wyk, PLLC, including but not limited to attendance and preparation for meetings, preparation and review of agreements and resolutions, and other legal matters as directed by the Board of Supervisors and the District Manager.

Annual Audit

Represents the cost associated with the District’s annual independent audit of its financial records, as required by Florida Statutes. These services are provided by Grau & Associates, an independent certified public accountant.

Assessment Administration

Represents costs associated with the levy and administration of non-ad valorem assessments on all assessable property within the District, provided by Governmental Management Services – Central Florida, LLC.

Dissemination

Represents costs associated with compliance with Securities and Exchange Commission (SEC) Rule 15c2-12(b)(5), including required reporting for the District’s Series 2020 A1, Series 2020 A2, and Series 2022 Bonds. These services are provided by Governmental Management Services – Central Florida, LLC.

Arbitrage

Represents the cost of arbitrage rebate calculation services provided by American Municipal Tax-Exempt Compliance (AMTEC) for the District’s Series 2020 A1, Series 2020 A2, and Series 2022 Bonds in accordance with federal requirements.

Cypress Park Estates Community Development District General Fund Budget
Trustee Fees

Represents costs associated with trustee services for the District’s outstanding bond issuances, provided by U.S. Bank, including the administration of bond funds, processing of payments, and compliance with trust indenture requirements.

Management Fees

Represents costs associated with management, accounting, and administrative services provided under a Management Agreement with Governmental Management Services – Central Florida, LLC, including but not limited to recording and transcription of Board meetings, administrative services, budget preparation, financial reporting, and coordination of the annual audit.

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

Represents costs associated with mailing of Board meeting agenda packages, overnight deliveries, and general correspondence for District operations.

Insurance

Represents costs associated with the District’s general liability and public officials’ liability insurance coverage provided by the Florida Insurance Alliance (FIA), which specializes in serving governmental entities.

Copies

Represents costs associated with printing agenda materials for Board meetings, printing of computerized checks, stationery, envelopes, and related supplies.

Legal Advertising

Represents costs associated with advertising required notices for Board meetings, public hearings, and other official District actions in a newspaper of general circulation.

Other Current Charges

Represents bank charges and other miscellaneous expenses incurred during the fiscal year.

Office Supplies

Represents costs for office supplies purchased during the fiscal year, including paper, minute books, file folders, labels, paper clips, and related items.

Cypress Park Estates Community Development District General Fund Budget
Dues, Licenses & Subscriptions

Represents the annual special district fee of $175 paid to the Florida Department of Economic Opportunity, as required by Florida Statutes, to maintain the District’s active status and compliance with state reporting requirements.

Operations & Maintenance:

Field Expenditures

Property Insurance

Represents costs associated with the District’s property insurance coverage provided by the Florida Insurance Alliance (FIA), which specializes in serving governmental entities.

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

Represents costs associated with landscape maintenance services provided by Prince & Sons, Inc., including mowing, edging, trimming, cleanup, detailing, pruning, and irrigation system maintenance throughout the District.

Landscape Replacement

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

Streetlights

Represents costs associated with streetlight usage within the District’s common areas, provided by Duke Energy.

Electric

Represents electric utility costs for common areas throughout the District, provided by Duke Energy.

Water & Sewer

Represents costs for water and refuse services for common areas throughout the District, provided by the City of Haines City.

Sidewalk & Asphalt Maintenance

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

Irrigation Repairs

Represents costs associated with maintaining and repairing the District’s irrigation system, including sprinklers and irrigation wells, provided by Prince & Sons, Inc.

Cypress Park Estates Community Development District General Fund Budget
Fountain Maintenance

Represents costs associated with maintaining and repairing the entrance fountain, provided by Resort Pool Services.

General Repairs & Maintenance

Represents estimated costs associated with general repairs and maintenance of the District’s common areas, including upkeep and repair of fences, monuments, lighting, and other District assets.

Reserve Study

Represents the cost to conduct a reserve study to evaluate the condition and useful life of the District’s capital assets and assist in planning for future repair and replacement needs.

Stormwater Maintenance

Represents costs associated with the maintenance of the District’s stormwater management system, including ponds, control structures, and related infrastructure.

Contingency

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

Amenity Expenditures

Amenity - Electric

Represents electric utility costs for the District’s amenity facilities, provided by Duke Energy.

Amenity – Water

Represents water utility costs for the District’s amenity facilities, provided by the City of Haines City.

Internet

Represents costs associated with internet service for the District’s amenity facilities, provided by Spectrum Internet.

Pest Control

Represents costs associated with pest control services for the District’s amenity facilities, provided by Massey Services, Inc.

Janitorial Services

Represents costs associated with janitorial services and supplies for the District’s amenity facilities, including routine cleaning, sanitation, and restocking of supplies, provided by CSS Clean Star Services of Central Florida.

Amenity Management

Represents costs associated with amenity management services provided by Governmental Management Services – Central Florida, LLC, including access card issuance, resident verification, keycard troubleshooting, monitoring of amenity facilities, enforcement of amenity policies, and communication with residents.

Cypress Park Estates Community Development District General Fund Budget
Security Services

Represents costs associated with security services for the District’s amenity facilities, including routine patrols, monitoring, and general oversight to enhance safety and security.

Pool Maintenance

Represents costs associated with routine cleaning, chemical treatment, and maintenance of the District’s pool facilities, provided by Resort Pool Services.

Amenity Repairs & Maintenance

Represents estimated costs associated with repairs and maintenance of the District’s amenity facilities, including upkeep of buildings, equipment, and other amenity assets to ensure proper operation and appearance.

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

Represents funds collected and set aside for the future replacement, repair, and acquisition of capital improvements throughout the District, ensuring the long-term maintenance and sustainability of District assets.

Cypress Park Estates
Community Development District

Proposed Budget Capital Reserve Fund

Description

Adopted
Budget FY2026

Actuals
Thru 3/31/26

Projected Next
6 Months

Projected
Thru 9/30/26

Proposed
Budget FY2027

Revenues		
Carry Forward Surplus	$	33,544	$	157,729	$	-	$	157,729	$	144,632	
Interest	$	2,813	$	3,225	$	1,075	$	4,300	$	2,813	
Total Revenues	$	36,357	$	160,954	$	1,075	$	162,029	$	147,445	

Expenditures						
Special Projects	$	75,000	$	39,296	$	35,704	$	75,000	$	-	
Pool Shade	$	-	$	-	$	-	$	-	$	78,000	
Dog Park Shade	$	-	$	-	$	-	$	-	$	35,000	
Dog Park Landscape Enhancement	$	-	$	-	$	-	$	-	$	15,000	
Total Expenditures	$	75,000	$	39,296	$	35,704	$	75,000	$	128,000	

Other Financing Sources/(Uses)						
Transfer In	$	57,603	$	57,603	$	-	$	57,603	$	50,398	
Total Other Financing Sources/(Uses)	$	57,603	$	57,603	$	-	$	57,603	$	50,398	
						
Excess Revenues/(Expenditures)	$	18,959	$	179,262	$	(34,629)	$	144,632	$	69,843	

Cypress Park Estates
Community Development District

Proposed Budget Debt Service Fund Series 2020 A-1

Description	Adopted Budget FY2026	Actuals Thru 3/31/26	Projected Next
6 Months	Projected Thru 9/30/26	Proposed Budget FY2027	

Revenues						
Special Assessments - 2020 A1	$	442,500	$	408,485	$	34,015	$	442,500	$	442,500	
Interest Income	$	10,013	$	8,434	$	2,811	$	11,245	$	5,622	
Carry Forward Surplus	$	220,582	$	221,138	$	-	$	221,138	$	233,451	
Total Revenues	$	673,095	$	638,056	$	36,826	$	674,882	$	681,574	
Expenditures						
Series 2020A-1						
Interest - 11/1	$	138,216	$	138,216	$	-	$	138,216	$	135,534	
Principal - 5/1	$	165,000	$	-	$	165,000	$	165,000	$	170,000	
Interest - 5/1	$	138,216	$	-	$	138,216	$	138,216	$	135,534	
Total Expenditures	$	441,431	$	138,216	$	303,216	$	441,431	$	441,069	
						
Excess Revenues/(Expenditures)	$	231,664	$	499,841	$	(266,389)	$	233,451	$	240,505	

*Carry forward less amount in Reserve funds.						
				Series 2020 A-1		
				Interest- 11/1/27		$132,772		
Total 	$132,772		

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	
									
11/01/26	$	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	
			$	7,150,000.00	$	4,426,687.50	$	11,877,003.13	

Cypress Park Estates
Community Development District

Proposed Budget Debt Service Fund Series 2020 A-2

Description	Adopted Budget FY2026	Actuals Thru 3/31/26	Projected Next
6 Months	Projected Thru 9/30/26	Proposed Budget FY2027	

Revenues						
Special Assessments - 2020 A2	$	71,200	$	65,727	$	5,473	$	71,200	$	71,200	
Interest Income	$	1,683	$	1,424	$	475	$	1,899	$	949	
Carry Forward Surplus	$	405,438	$	39,505	$	-	$	39,505	$	42,848	
Total Revenues	$	478,321	$	106,656	$	5,948	$	112,604	$ 114,997	
Expenditures						
Series 2020A-2						
Interest- 11/1	$	22,378	$	22,378	$	-	$	22,378	$	21,878	
Principal - 5/1	$	25,000	$	-	$	25,000	$	25,000	$	25,000	
Interest - 5/1	$	22,378	$	-	$	22,378	$	22,378	$	21,878	
Total Expenditures	$	69,756	$	22,378	$	47,378	$	69,756	$	68,756	
						
Excess Revenues/(Expenditures)	$	408,565	$	84,278	$	(41,430)	$	42,848	$	46,241	

*Carry forward less amount in Reserve funds.						
				Series 2020 A-2		
Interest - 11/1/27 	$21,378	
Total 	$21,378	

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	
									
11/01/26	$	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	
			$	1,100,000.00	$	706,968.75	$	1,854,846.88	

Cypress Park Estates
Community Development District

Proposed Budget Debt Service Fund Series 2022

Description	Adopted Budget FY2026	Actuals Thru 3/31/26	Projected Next
6 Months	Projected Thru 9/30/26	Proposed Budget FY2027	

Revenues						
Special Assessments	$	434,150	$	400,777	$	33,373	$	434,150	$	434,150	
Interest Income	$	9,891	$	8,292	$	2,764	$	11,056	$	5,528	
Carry Forward Surplus	$	251,412	$	252,097	$	-	$	252,097	$	264,553	
Total Revenues	$	695,452	$	661,166	$	36,137	$	697,303	$	704,232	

Expenditures						
Series 2022						
Interest - 11/1	$	158,875	$	158,875	$	-	$	158,875	$	156,359	
Principal - 5/1	$	115,000	$	-	$	115,000	$	115,000	$	120,000	
Interest - 5/1	$	158,875	$	-	$	158,875	$	158,875	$	156,359	
Total Expenditures	$	432,750	$	158,875	$	273,875	$	432,750	$	432,719	
						
Excess Revenues/(Expenditures)	$	262,702	$	502,291	$  (237,738)	$	264,553	$	271,513	

*Carry forward less amount in Reserve funds.						
				Series 2022		
Interest - 11/1/27 	$153,734	
Total 	$153,734		

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	
									
11/01/26	$	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	
			$	6,335,000.00	$	5,455,543.87	$	12,061,825.12