Village Walk Of Bonita Springs Community Development District

Final Budget For Fiscal Year 2026/2027
October 1, 2026 - September 30, 2027

CONTENTS

I

FINAL BUDGET

II

DETAILED FINAL BUDGET

III

DETAILED FINAL DEBT SERVICE FUND BUDGET (SERIES 2015)

IV

DETAILED FINAL DEBT SERVICE FUND BUDGET (SERIES 2018)

V

ASSESSMENT COMPARISON

DETAILED FINAL BUDGET
VILLAGE WALK OF BONITA SPRINGS COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2026/2027
OCTOBER 1, 2026 - SEPTEMBER 30, 2027

Note: Projected Available Funds Balance As Of 9-30-26 is $150,000.

II

7/10/2026 11:37 AM

REVENUES

FISCAL YEAR 2024/2025 ACTUAL

FISCAL YEAR 2025/2026 BUDGET

FISCAL YEAR 2026/2027 BUDGET

COMMENTS

O & M ASSESSMENTS

102,760

100,052

100,052

Expenditures Less Interest & Carryover/.95

DEBT ASSESSMENTS - SERIES 2015

397,681

397,082

397,082

Bond Payments/.95

DEBT ASSESSMENTS - SERIES 2018

600,805

600,785

600,785

Bond Payments/.95

OTHER REVENUES

0

0

0

INTEREST INCOME

13,501

1,800

2,040

Interest Projected At $170 Per Month

TOTAL REVENUES

$	1,114,747

$	1,099,719

$	1,099,959

EXPENDITURES

SUPERVISOR FEES

6,800

9,600

9,600

Supervisor Fees

PAYROLL TAXES

520

768

768

Projected At 8% Of Supervisor Fees

ENGINEERING/MAINTENANCE

11,220

30,000

30,000

No Change From 2025/2026 Budget

SPECIAL PROJECTS

0

10,000

10,000

Special Projects

MANAGEMENT

44,748

46,044

47,280

CPI Adjustment

SECRETARIAL

4,200

4,200

4,200

No Change From 2025/2026 Budget

LEGAL

6,200

10,500

10,500

FY 25/26 Expenditure Through Dec 025 Was $2,271

ASSESSMENT ROLL

10,000

10,000

10,000

As Per Contract

AUDIT FEES

4,000

4,100

3,700

Accepted Amount For 2025/2026 Audit

ARBITRAGE REBATE FEE - SERIES 2015

650

650

650

No Change From 2025/2026 Budget

ARBITRAGE REBATE FEE - SERIES 2018

650

650

650

No Change From 2025/2026 Budget

INSURANCE

7,202

7,800

8,400

FY 25/26 Expenditure Was $7,634

LEGAL ADVERTISING

3,213

2,700

3,000

$300 Increase From 2025/2026 Budget

MISCELLANEOUS

1,389

1,075

1,175

$100 Increase From 2025/2026 Budget

POSTAGE

316

450

425

$25 Decrease From 2025/2026 Budget

OFFICE SUPPLIES

631

675

675

No Change From 2025/2026 Budget

DUES & SUBSCRIPTIONS

175

175

175

No Change From 2025/2026 Budget

WEBSITE MANAGEMENT

2,000

2,000

2,000

No Change From 2025/2026 Budget

TRUSTEE FEES - SERIES 2015

4,327

4,400

4,375

$25 Decrease From 2025/2026 Budget

TRUSTEE FEES - SERIES 2018

3,709

3,800

3,775

$25 Decrease From 2025/2026 Budget

CONTINUING DISCLOSURE FEE

1,000

1,000

1,000

No Change From 2025/2026 Budget

TOTAL EXPENDITURES

$	112,950

$	150,587

$	152,348

REVENUES LESS EXPENDITURES

$	1,001,797

$	949,132

$	947,611

BOND PAYMENTS - SERIES 2015

(381,132)

(377,228)

(377,228)

2027 Principal & Interest Payments

BOND PAYMENTS - SERIES 2018

(575,804)

(570,746)

(570,746)

2027 Principal & Interest Payments

BALANCE

$	44,861

$	1,158

$	(363)

COUNTY APPRAISER & TAX COLLECTOR ADMINISTRATIVE COSTS

(4,077)

(10,979)

(10,979)

One Percent Of Total Assessment Roll

DISCOUNTS FOR EARLY PAYMENTS

(41,014)

(43,916)

(43,916)

Four Percent Of Total Assessment Roll

EXCESS/ (SHORTFALL)

$	(230)

$	(53,737)

$	(55,258)

CARRYOVER FROM PRIOR YEAR

0

53,737

55,258

Carryover From Prior Year

NET EXCESS/ (SHORTFALL)

$	(230)

$	-

$	-

DETAILED FINAL BUDGET
VILLAGE WALK OF BONITA SPRINGS COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2026/2027
OCTOBER 1, 2026 - SEPTEMBER 30, 2027

Note: Projected Available Funds Balance As Of 9-30-26 is $150,000.

II

7/10/2026 11:37 AM

REVENUES

FISCAL YEAR 2024/2025 ACTUAL

FISCAL YEAR 2025/2026 BUDGET

FISCAL YEAR 2026/2027 BUDGET

COMMENTS

O & M ASSESSMENTS

102,760

100,052

100,052

Expenditures Less Interest & Carryover/.95

DEBT ASSESSMENTS - SERIES 2015

397,681

397,082

397,082

Bond Payments/.95

DEBT ASSESSMENTS - SERIES 2018

600,805

600,785

600,785

Bond Payments/.95

OTHER REVENUES

0

0

0

INTEREST INCOME

13,501

1,800

2,040

Interest Projected At $170 Per Month

TOTAL REVENUES

$	1,114,747

$	1,099,719

$	1,099,959

EXPENDITURES

SUPERVISOR FEES

6,800

9,600

9,600

Supervisor Fees

PAYROLL TAXES

520

768

768

Projected At 8% Of Supervisor Fees

ENGINEERING/MAINTENANCE

11,220

30,000

30,000

No Change From 2025/2026 Budget

SPECIAL PROJECTS

0

10,000

10,000

Special Projects

MANAGEMENT

44,748

46,044

47,280

CPI Adjustment

SECRETARIAL

4,200

4,200

4,200

No Change From 2025/2026 Budget

LEGAL

6,200

10,500

10,500

FY 25/26 Expenditure Through Dec 2025 Was $2,271

ASSESSMENT ROLL

10,000

10,000

10,000

As Per Contract

AUDIT FEES

4,000

4,100

3,700

Accepted Amount For 2025/2026 Audit

ARBITRAGE REBATE FEE - SERIES 2015

650

650

650

No Change From 2025/2026 Budget

ARBITRAGE REBATE FEE - SERIES 2018

650

650

650

No Change From 2025/2026 Budget

INSURANCE

7,202

7,800

8,400

FY 25/26 Expenditure Was $7,634

LEGAL ADVERTISING

3,213

2,700

3,000

$300 Increase From 2025/2026 Budget

MISCELLANEOUS

1,389

1,075

1,175

$100 Increase From 2025/2026 Budget

POSTAGE

316

450

425

$25 Decrease From 2025/2026 Budget

OFFICE SUPPLIES

631

675

675

No Change From 2025/2026 Budget

DUES & SUBSCRIPTIONS

175

175

175

No Change From 2025/2026 Budget

WEBSITE MANAGEMENT

2,000

2,000

2,000

No Change From 2025/2026 Budget

TRUSTEE FEES - SERIES 2015

4,327

4,400

4,375

$25 Decrease From 2025/2026 Budget

TRUSTEE FEES - SERIES 2018

3,709

3,800

3,775

$25 Decrease From 2025/2026 Budget

CONTINUING DISCLOSURE FEE

1,000

1,000

1,000

No Change From 2025/2026 Budget

TOTAL EXPENDITURES

$	112,950

$	150,587

$	152,348

REVENUES LESS EXPENDITURES

$	1,001,797

$	949,132

$	947,611

BOND PAYMENTS - SERIES 2015

(381,132)

(377,228)

(377,228)

2027 Principal & Interest Payments

BOND PAYMENTS - SERIES 2018

(575,804)

(570,746)

(570,746)

2027 Principal & Interest Payments

BALANCE

$	44,861

$	1,158

$	(363)

COUNTY APPRAISER & TAX COLLECTOR ADMINISTRATIVE COSTS

(4,077)

(10,979)

(10,979)

One Percent Of Total Assessment Roll

DISCOUNTS FOR EARLY PAYMENTS

(41,014)

(43,916)

(43,916)

Four Percent Of Total Assessment Roll

EXCESS/ (SHORTFALL)

$	(230)

$	(53,737)

$	(55,258)

CARRYOVER FROM PRIOR YEAR

0

53,737

55,258

Carryover From Prior Year

NET EXCESS/ (SHORTFALL)

$	(230)

$	-

$	-

DETAILED FINAL DEBT SERVICE (SERIES 2015) FUND BUDGET
VILLAGE WALK OF BONITA SPRINGS COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2026/2027
OCTOBER 1, 2026 - SEPTEMBER 30, 2027

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 =
Annual Interest Payments Due =

May 1st
May 1st & November 1st

Par Amount As Of 1/1/2026 =

$3,345,000

III

7/10/2026 11:37 AM

REVENUES

FISCAL YEAR 2024/2025 ACTUAL

FISCAL YEAR 2025/2026 BUDGET

FISCAL YEAR 2026/2027 BUDGET

COMMENTS

Interest Income

13,987

1,500

2,000

Projected Interest For 2026/2027

NAV Collection

381,132

377,228

377,228

Maximum Debt Service Collection

Prepaid Bond Collection (15)

4,895

0

0

Total Revenues

$	400,014

$	378,728

$	379,228

EXPENDITURES

Principal Payments

245,000

255,000

270,000

Principal Payment Due In 2027

Interest Payments

125,569

114,234

105,525

Interest Payments Due In 2027

Bond Redemption

0

9,494

3,703

Estimated Excess Debt Collections

Total Expenditures

$	370,569

$	378,728

$	379,228

Excess/ (Shortfall)

$	29,445

$	-

$	-

DETAILED FINAL DEBT SERVICE (SERIES 2018) FUND BUDGET
VILLAGE WALK OF BONITA SPRINGS COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2026/2027
OCTOBER 1, 2026 - SEPTEMBER 30, 2027

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 =
Annual Interest Payments Due =

May 1st
May 1st & November 1st

Par Amount As Of 1/1/2026 =

$5,587,000

IV

7/10/2026 11:37 AM

REVENUES

FISCAL YEAR 2024/2025 ACTUAL

FISCAL YEAR 2025/2026 BUDGET

FISCAL YEAR 2026/2027 BUDGET

COMMENTS

Interest Income

12,958

1,500

2,000

Projected Interest For 2026/2027

NAV Collection

575,804

570,746

570,746

Maximum Debt Service Collection

Total Revenues

$	588,762

$	572,246

$	572,746

EXPENDITURES

Principal Payments

382,000

395,000

408,000

Principal Payment Due In 2027

Interest Payments

193,993

175,159

162,110

Interest Payments Due In 2027

Bond Redemption

0

2,087

2,636

Estimated Excess Debt Collections

Total Expenditures

$	575,993

$	572,246

$	572,746

Excess/ (Shortfall)

$	12,769

$	-

$	-

Village Walk Community Development District Assessment Comparison

Fiscal Year 2023/2024

Fiscal Year 2024/2025

Fiscal Year 2025/2026

Fiscal Year 2026/2027

Lot
		Size	 Phases I & 2 Townhome 26'
Cayman

	Assessment*	  Projected Assessment*  	Assessment*	 	Projected Assessment*	

O & M Debt
Total

$
$

60.46
494.57

$
$

60.46
494.57

$
$

60.46
494.57

$
$

60.46
494.57

$

555.03

$

555.03

$

555.03

$

555.03

Duplex 36' Capri

O & M Debt
Total

$
$

60.46
494.57

$
$

60.46
494.57

$
$

60.46
494.57

$
$

60.46
494.57

$

555.03

$

555.03

$

555.03

$

555.03

Single Family 50' Oakmont

O & M Debt
Total

$
$

60.46
581.92

$
$

60.46
581.92

$
$

60.46
581.92

$
$

60.46
581.92

$

642.38

$

642.38

$

642.38

$

642.38

Single Family 60' Carlyle

O & M Debt
Total

$
$

60.46
669.25

$
$

60.46
669.25

$
$

60.46
669.25

$
$

60.46
669.25

$

729.71

$

729.71

$

729.71

$

729.71

Phases 3 & 4
Townhome 26' Cayman

O & M Debt
Total

$
$

60.46
541.00

$
$

60.46
541.00

$
$

60.46
541.00

$
$

60.46
541.00

$

601.46

$

601.46

$

601.46

$

601.46

Duplex 36' Capri

O & M Debt
Total

$
$

60.46
541.00

$
$

60.46
541.00

$
$

60.46
541.00

$
$

60.46
541.00

$

601.46

$

601.46

$

601.46

$

601.46

Single Family 40' Garden

O & M Debt
Total

$
$

60.46
611.00

$
$

60.46
611.00

$
$

60.46
611.00

$
$

60.46
611.00

$

671.46

$

671.46

$

671.46

$

671.46

Single Family 50' Oakmont

O & M Debt
Total

$
$

60.46
636.00

$
$

60.46
636.00

$
$

60.46
636.00

$
$

60.46
636.00

$

696.46

$

696.46

$

696.46

$

696.46

Single Family 50' Classic

O & M Debt
Total

$
$

60.46
719.00

$
$

60.46
719.00

$
$

60.46
719.00

$
$

60.46
719.00

$

779.46

$

779.46

$

779.46

$

779.46

Single Family 60' Carlyle

O & M Debt
Total

$
$

60.46
732.00

$
$

60.46
732.00

$
$

60.46
732.00

$
$

60.46
732.00

$

792.46

$

792.46

$

792.46

$

792.46

Single Family 65' Estate

O & M Debt
Total

$
$

60.46
821.00

$
$

60.46
821.00

$
$

60.46
821.00

$
$

60.46
821.00

$

881.46

$

881.46

$

881.46

$

881.46

* Assessments Include the Following :	 4% Discount for Early Payments
1% County Tax Collector Costs/Property Appraiser Costs

Community Information:

Phase I

Maximum Annual

	No. of Units	 	Type	 	Name	   Debt Assessment	  Bond Prepayments 

126
356
195
	73	 750

Townhome Duplex
SF SF

Cayman Capri/Carrington Oakmont Carlyle

$
$
$
$

494.57
494.57
581.92
669.25

1
4
2
	0	
7

Phase II
	No. of Units	 	Type	 	Name	

Maximum Annual
  Debt Assessment	

Lot
 Bond Prepayments  	Differential Prepayment*	

112
76
307
127
215
33
	74	 944

Townhouse Duplex
SF SF SF SF SF

Cayman Capri/Carrington Garden Oakmont Classic
Carlyle Estate

$
$
$
$
$
$
$

541
541
611
636
719
732
821

0
0
0
0
0
0

0
0
(133)
(10)
64
0

	0	 	40	

0

-39

* Developer made Bond Prepayment in November 2015 for 39 lot differential (143 Units replaced with 104 Units)

Phase 1

750

	Phase 2	905	

Total Units

1655

V

7/10/2026 11:37 AM