Venetian Parc 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 - AREA ONE

III

AMENDED FINAL DEBT SERVICE FUND BUDGET - AREA TWO

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

Notes
Carryover From Prior Year Of $2,266 used to reduce Fiscal Year 2024/2025 Assessments.
Carryover From Prior Year Of $14,231 to be used to reduce Fiscal Year 2025/2026 Assessments.

I

10/11/2025 3:40 PM

$181,430

$18,898

$200,328

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 - 9/29/25

Administrative Assessments

82,379

84,727

84,727

Maintenance Assessments

159,851

159,568

159,568

Debt Assessments (Area One)

458,173

457,359

457,359

Debt Assessments (Area Two)

455,392

454,590

454,590

Other Revenue

0

5,962

5,962

Interest Income

720

12,300

12,185

TOTAL REVENUES

$	1,156,515

$	1,174,506

$	1,174,391

EXPENDITURES

ADMINISTRATIVE ASSESMENTS

Supervisor Fees

0

3,400

3,400

Payroll Taxes (Employer)

0

260

260

Management

30,432

30,432

30,432

Legal

11,000

12,500

10,928

Assessment Roll

10,000

10,000

10,000

Audit Fees

3,500

3,500

3,500

Insurance

9,400

9,393

9,393

Legal Advertisements

2,000

5,000

3,876

Miscellaneous

1,100

2,000

1,777

Postage

375

325

302

Office Supplies

550

475

426

Dues & Subscriptions

175

175

175

Website Management

2,000

2,000

2,000

Arbitrage Rebate Fee - Area One & Two

1,300

1,300

1,300

Trustee Fee - Area One

3,550

3,500

3,500

Trustee Fee - Area Two

3,550

3,500

3,500

Continuing Disclosure Fee - Area One

350

350

350

Continuing Disclosure Fee - Area Two

350

350

350

Administrative Contingency

790

790

0

TOTAL ADMINISTRATIVE EXPENDITURES

$	80,422

$	89,250

$	85,469

MAINTENANCE ASSESSMENTS

Park Maintenance Tract N

35,000

35,000

30,066

Field Operations Management

1,320

1,320

1,320

Community Entrance Signage Maintenance

5,200

12,100

10,148

Street/Roadway Maintenance

5,000

2,500

520

Electric Power Service/Misc

3,200

3,618

3,618

Engineering/Annual Report/Inspections

3,500

3,300

2,211

Sidewalk Maintenance (Pressure Cleaning & Milling)

15,000

25,300

23,256

HOA Contribution (Palm Tree Fertilization)

5,850

5,848

5,848

Tree Upkeep

33,770

33,770

28,473

Security

10,000

0

0

General Maintenance

3,750

2,500

0

Maintenance Contingency

23,650

15,000

8,387

Storm Preparedness

5,020

2,500

0

TOTAL MAINTENANCE EXPENDITURES

$	150,260

$	142,756

$	113,847

TOTAL EXPENDITURES

$	230,682

$	232,006

$	199,316

REVENUES LESS EXPENDITURES

$	925,833

$	942,500

$	975,075

Bond Payments (Area One)

(430,682)

(435,853)

(435,853)

Bond Payments (Area Two)

(428,069)

(433,213)

(433,213)

BALANCE

$	67,082

$	73,434

$	106,009

County Appraiser & Tax Collector Fee

(23,116)

(11,117)

(11,117)

Discounts For Early Payments

(46,232)

(43,419)

(43,419)

Excess/ (Shortfall)

$	(2,266)

$	18,898

$	51,473

Carryover From Prior Year

2,266

2,266

0

Net Excess/ (Shortfall)

$	-

$	51,473

AMENDED FINAL BUDGET
VENETIAN PARC COMMUNITY DEVELOPMENT DISTRICT DEBT SERVICE FUND (AREA ONE)
FISCAL YEAR 2024/2025 OCTOBER 1, 2024 - SEPTEMBER 30, 2025

Notes
Reserve Fund Balance = $219,575*. Revenue Fund Balance = $586,235*.
Revenue Fund Balance To Be Used To Make 11/1/2025 Principal & Interest Payment Of $275,713 - Principal Payment Of $130,000 & Interest Payment Of $145,713.
* Approximate Amounts

	Series 2013 Bond Information - Area One	

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

$5,515,000 6.0% - 6.5%
October 2013
November 2043

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

Par Amount As Of 9/30/25 =

$4,515,000

II

10/11/2025 3:40 PM

$756,994

$48,816

$805,810

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 - 9/29/25

Interest Income (Area One)

600

32,300

32,221

NAV Tax Collection (Area One)

430,682

435,853

435,853

Total Revenues

$	431,282

$	468,153

$	468,074

EXPENDITURES

Principal Payments (Area One)

130,000

120,000

120,000

Interest Payments (Area One)

291,425

295,025

295,025

Bond Redemption

9,857

0

0

Transfer to Series 2024

0

4,312

4,312

Total Expenditures

$	431,282

$	419,337

$	419,337

Excess/Shortfall

$	-

$	48,816

$	48,736

AMENDED FINAL BUDGET
VENETIAN PARC COMMUNITY DEVELOPMENT DISTRICT DEBT SERVICE FUND (AREA TWO)
FISCAL YEAR 2024/2025 OCTOBER 1, 2024 - SEPTEMBER 30, 2025

Notes
Reserve Fund Balance = $10,177*. Revenue Account Balance = $236,008*. Prepayment Account Balance = $27,151*.
Revenue Account Balance To Be Used To Make 11/1/2025 Interest Payment Of $91,500.
* Approximate Amounts

	Series 2013 Bond Information - Area Two	

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

$5,175,000 6.375% - 7.125%
October 2013
November 2044

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

Par Amount As Of 9/30/25 =

$0

Balance Paid Off On 11/1/25

Series 2025 Bond Refunding Information - Area Two
Original Par Amount =

$3,775,000 5.00%
September 2024
May 2044

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

Interest Rate = Issue Date = Maturity Date =

Par Amount As Of 9/30/25 =

$3,660,000

III

10/11/2025 3:40 PM

$4,667,865

($4,394,529)

$273,336

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 - 9/29/25

Interest Income (2024)

600

6,600

6,534

Prepaid Bond Collection

0

26,993

26,993

NAV Tax Collection (Area Two)

428,069

433,214

433,214

Transfer from Series 2013

0

4,321

4,321

Total Revenues

$	428,669

$	471,128

$	471,062

EXPENDITURES

Principal Payments (2013)

110,000

4,480,000

4,480,000

Principal Payments (2024)

0

115,000

115,000

Interest Payments (2013)

309,488

157,931

157,931

Interest Payments (2024)

0

112,726

112,726

Bond Redemption

9,181

0

0

Total Expenditures

$	428,669

$	4,865,657

$	4,865,657

Excess/Shortfall

$	-

$	(4,394,529)

$	(4,394,595)