Renaissance Commons 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

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

Notes
Fund Balance Includes Maintenance Reserve ($97,310).
Funds Were Added To Maintenance Reserve In September 2025. Additional Funds To Be Added To Maintenance Reserve In October 2025.

I

$148,161

$38,750

$109,411

$14,269

$162,430

$118,480

$43,950

FUND BALANCE AS OF 9/30/24

RESERVE BALANCE AS OF 9/30/24

AVAILABLE FUNDS AS OF 9/30/24

FY 2024/2025 FUND BALANCE ACTIVITY

FUND BALANCE AS OF 9/30/25

RESERVE BALANCE AS OF 9/30/25

AVAILABLE FUNDS 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

197,487

198,202

198,202

Debt Assessments

562,368

562,990

562,990

Other Revenues

0

0

0

Interest Income

480

8,200

7,880

TOTAL REVENUES

$	760,335

$	769,392

$	769,072

EXPENDITURES

Supervisor Fees

3,000

2,600

1,600

Payroll Taxes - Employer

240

202

122

Engineering/Inspections

7,500

5,000

1,353

Management

34,428

34,428

31,559

Secretarial

4,200

4,200

3,850

Legal

9,500

9,500

7,423

Assessment Roll

5,500

5,500

0

Audit Fees

3,500

3,500

3,500

Arbitrage Rebate Fee

650

650

650

Insurance

7,200

6,858

6,858

Legal Advertisements

1,200

1,200

604

Miscellaneous

800

700

391

Postage

725

75

58

Office Supplies

400

225

184

Dues & Subscriptions

175

175

175

Trustee Fee

5,100

4,784

4,784

Website Management

2,000

2,000

1,833

Maintenance Reserve

100,000

100,000

20,269

TOTAL EXPENDITURES

$	186,118

$	181,597

$	85,213

REVENUES LESS EXPENDITURES

$	574,217

$	587,795

$	683,859

Bond Payments

(528,626)

(538,196)

(538,196)

BALANCE

$	45,591

$	49,599

$	145,663

COUNTY APPRAISER & TAX COLLECTOR FEE

(15,197)

(8,438)

(8,438)

DISCOUNTS FOR EARLY PAYMENTS

(30,394)

(26,892)

(26,892)

EXCESS/ (SHORTFALL)

$	-

$	14,269

$	110,333

Carryover From Prior Year

0

0

0

NET EXCESS/ (SHORTFALL)

$	-

$	14,269

$	110,333

AMENDED FINAL BUDGET
RENAISSANCE COMMONS COMMUNITY DEVELOPMENT DISTRICT DEBT SERVICE FUND
FISCAL YEAR 2024/2025 OCTOBER 1, 2024 - SEPTEMBER 30, 2025

Note*: Reserve Fund Balances = $882,105. Revenue Fund Balance = $875,574.* Revenue Fund Balance To Be Used To Make 11/1/2025 Interest Payment Of $78,179. And an Extraordinary Principal Payment of $100,000.
* Approximate Amounts

Series 2017A-1 Bond Refunding Information

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

$12,499,000 3.25%
March 2017
May 2036

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

Par Amount As Of 9/30/25 =

$4,811,000

Series 2017A-2 Bond Refunding Information (Paid Off In November 2018)
$2,978,000

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

5.25%
March 2017
May 2036

Par Amount As Of 9/30/25 =

$0

II

$1,673,346

$84,333

$1,757,679

Fund Balance As Of 9/30/2024

FY 2024/2025 Activity

Fund Balance As Of 9/30/2025

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

68,000

66,002

NAV Tax Collection

528,626

538,196

538,196

Prepaid Bond Collection

0

0

0

Total Revenues

$	529,126

$	606,196

$	604,198

EXPENDITURES

Principal Payments (2017A-1)

354,000

354,000

354,000

Interest Payments (2017A-1)

162,110

167,863

167,863

Bond Redemption

13,016

0

0

Total Expenditures

$	529,126

$	521,863

$	521,863

Excess/ (Shortfall)

$	-

$	84,333

$	82,335