Village Walk Of Bonita Springs 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 (SERIES 2015)

III

AMENDED FINAL DEBT SERVICE FUND BUDGET (SERIES 2018)

AMENDED FINAL BUDGET
VILLAGE WALK OF BONITA SPRINGS COMMUNITY DEVELOPMENT DISTRICT OPERATING FUND
FISCAL YEAR 2024/2025 OCTOBER 1, 2024 - SEPTEMBER 30, 2025

Notes
Carryover From Prior Year of $51,451 was used to reduce Fiscal Year 2024/2025 Assessments.
$53,737 of Fund Balance to be used to reduce 2025/2026 Assessments.

I

$202,045

($20,034)

$182,011

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

O & M ASSESSMENTS

100,052

100,675

100,675

DEBT ASSESSMENTS - SERIES 2015

397,658

397,681

397,681

DEBT ASSESSMENTS - SERIES 2018

600,785

600,805

600,805

OTHER REVENUES

0

0

0

INTEREST INCOME

840

12,500

12,394

TOTAL REVENUES

$	1,099,335

$	1,111,661

$	1,111,555

EXPENDITURES

SUPERVISOR FEES

9,600

6,000

6,000

PAYROLL TAXES

768

459

459

ENGINEERING/MAINTENANCE

30,000

25,000

11,220

SPECIAL PROJECTS

10,000

2,000

0

MANAGEMENT

44,748

44,748

44,748

SECRETARIAL

4,200

4,200

4,200

LEGAL

9,500

6,500

6,098

ASSESSMENT ROLL

10,000

10,000

10,000

AUDIT FEES

4,000

4,000

4,000

ARBITRAGE REBATE FEE - SERIES 2015

650

650

650

ARBITRAGE REBATE FEE - SERIES 2018

650

650

650

INSURANCE

7,300

7,202

7,202

LEGAL ADVERTISING

2,200

4,000

3,213

MISCELLANEOUS

975

1,400

1,336

POSTAGE

500

350

316

OFFICE SUPPLIES

675

675

631

DUES & SUBSCRIPTIONS

175

175

175

WEBSITE MANAGEMENT

2,000

2,000

2,000

TRUSTEE FEES - SERIES 2015

4,500

4,327

4,327

TRUSTEE FEES - SERIES 2018

3,900

3,709

3,709

CONTINUING DISCLOSURE FEE

1,000

1,000

1,000

TOTAL EXPENDITURES

$	147,341

$	129,045

$	111,934

EXCESS OR (SHORTFALL)

$	951,994

$	982,616

$	999,621

BOND PAYMENTS (SERIES 2015)

(377,775)

(381,132)

(381,132)

BOND PAYMENTS (SERIES 2018)

(570,746)

(575,804)

(575,804)

BALANCE

$	3,473

$	25,680

$	42,685

ADMINISTRATIVE COSTS

(10,984)

(4,700)

(4,700)

DISCOUNTS FOR EARLY PAYMENTS

(43,940)

(41,014)

(41,014)

EXCESS/ (SHORTFALL)

$	(51,451)

$	(20,034)

$	(3,029)

CARRYOVER FROM PRIOR YEAR

51,451

51,451

0

NET EXCESS/ (SHORTFALL)

$	-

$	31,417

$	(3,029)

AMENDED FINAL BUDGET
VILLAGE WALK OF BONITA SPRINGS COMMUNITY DEVELOPMENT DISTRICT DEBT SERVICE FUND (SERIES 2015)
FISCAL YEAR 2024/2025 OCTOBER 1, 2024 - SEPTEMBER 30, 2025

Notes
Reserve Fund Balance = $187,763*. Revenue Fund Balance = $135,309*. Prepayment Account Balance = $6,090*.
Revenue Fund Balance To Be Used To Make 11/1/2025 Interest Payment Of $59,109.
* Approximate Amounts

Series 2015 Bond Refunding Information

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

$5,625,000 2.00% - 3.625%
January 2015
May 2036

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

Par Amount As Of 9/30/25 =

$3,345,000

II

$300,704

$28,458

$329,162

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

500

13,000

12,897

Prepaid Bond Collection

0

4,895

4,895

NAV Assessment Collection

377,775

381,132

381,132

Total Revenues

$	378,275

$	399,027

$	398,924

EXPENDITURES

Principal Payments

245,000

245,000

245,000

Interest Payments

121,894

125,569

125,569

Bond Redemption

11,381

0

0

Total Expenditures

$	378,275

$	370,569

$	370,569

Excess/ (Shortfall)

$	-

$	28,458

$	28,355

AMENDED FINAL BUDGET
VILLAGE WALK OF BONITA SPRINGS COMMUNITY DEVELOPMENT DISTRICT DEBT SERVICE FUND (SERIES 2018)
FISCAL YEAR 2024/2025 OCTOBER 1, 2024 - SEPTEMBER 30, 2025

Notes
Reserve Fund Balance = $50,000*. Revenue Fund Balance = $229,146*.
Revenue Fund Balance To Be Used To Make 11/1/2025 Interest Payment Of $90,789.
* Approximate Amounts

Series 2018 Bond Refunding Information

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

$8,382,000 3.25% - 5.15%
January 2018
May 2037

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

Par Amount As Of 9/30/25 =

$5,587,000

III

$267,235

$11,911

$279,146

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

500

12,100

12,036

NAV Collection

570,746

575,804

575,804

Total Revenues

$	571,246

$	587,904

$	587,840

EXPENDITURES

Principal Payments

382,000

382,000

382,000

Interest Payments

187,785

193,993

193,993

Bond Redemption

1,461

0

0

Total Expenditures

$	571,246

$	575,993

$	575,993

Excess/ (Shortfall)

$	-

$	11,911

$	11,848