Approved Budget
Fiscal Year 2027

Community Development District

May 18, 2026

	Table of Contents	

1-2		General Fund	

3-10	
	General Fund Narrative	

11	
	Capital Reserve Fund	

12	
	Debt Service Fund Series 2015	

13	
	Amortization Schedule - Debt Service Fund Series 2015-1	

14	
	Amortization Schedule - Debt Service Fund Series 2015-2	

	Actual
Thru	Adopted
Budget	Actual
Thru	Projected
Next	Total
Projected	Approved
Budget	
Description		9/30/25	FY 2026	4/30/26	5 Months	9/30/26	FY 2027	

Revenues								
Special Assessments - Levy	001.300.36300.10100	$2,355,621	$2,336,605	$2,325,902	$10,703	$2,336,605	$2,495,773	
Rental Income	001.300.36200.10100	$31,900	$40,000	$29,225	$2,675	$31,900	$30,000	
Entertainment Fees	001.300.36200.10000	$154,842	$165,000	$120,308	$44,692	$165,000	$165,000	
Newsletter Ad Revenue	001.300.36200.10200	$97,634	$95,000	$87,228	$10,407	$97,634	$95,000	
Interest Income	001.300.36100.10000	$24,895	$15,000	$13,672	$11,223	$24,895	$15,000	
Restaurant Lease Income	001.300.34900.10000	$10,792	$9,000	$3,164	$5,836	$9,000	$0	
Sponsorship - Advent Health	001.300.36200.10700	$8,000	$8,000	$8,000	$0	$8,000	$8,000	
Contributions	001.300.36600.10000	$0	$0	$0	$0	$0	$0	
Special Events - Security	001.300.36200.10500	$0	$0	$0	$0	$0	$0	
Security Credentials	001.300.36200.10600	$6,630	$0	$3,030	$2,164	$5,194	$4,000	
Revenue-Reimbursed Repairs	001.300.36200.10900	$11,470	$0	$3,700	$0	$3,700	$0	
Insurance Proceeds	001.300.36900.10200	$4,769	$0	$0	$0	$0	$0	
Miscellaneous Income	001.300.36900.10000	$15,500	$9,000	$12,300	$8,786	$21,086	$9,000	
Carryforward	001.300.27100.10000	$84,659	$138,183	$57,780	$0	$57,780	$0	
TOTAL REVENUES		$2,806,712	$2,815,788	$2,664,309	$96,485	$2,760,794	$2,821,773	

Expenditures								
Administrative								
Supervisor Fees	001.310.51300.11000	$6,750	$12,000	$4,050	$2,250	$6,300	$12,000	
FICA Expense	001.310.51300.21000	$516	$918	$310	$172	$482	$918	
Engineering	001.310.51300.31100	$77,355	$65,000	$42,857	$30,612	$73,468	$75,000	
Arbitrage	001.310.51300.31200	$600	$600	$600	$0	$600	$600	
Dissemination	001.310.51300.31300	$1,575	$1,545	$901	$644	$1,545	$1,545	
Dissemination-Amortization Schedules	001.310.51300.31300	$850	$0	$950	$0	$950	$0	
Attorney	001.310.51300.31500	$43,449	$45,000	$52,560	$37,543	$90,103	$60,000	
Annual Audit	001.310.51300.32200	$3,930	$4,000	$3,250	$0	$3,250	$4,000	
Trustee Fees	001.310.51300.32300	$4,310	$4,434	$4,445	$0	$4,445	$4,435	
Management Fees	001.310.51300.34000	$69,731	$71,823	$41,897	$29,926	$71,823	$75,414	
Management Fees-Beyond Contract	001.310.51300.34001	$500	$525	$250	$0	$250	$0	
Accounting System Software	001.310.51300.35100	$1,000	$1,030	$601	$429	$1,030	$1,030	
Postage	001.310.51300.42000	$2,724	$3,500	$1,382	$987	$2,369	$3,500	
Printing & Binding	001.310.51300.42500	$327	$500	$183	$130	$313	$500	
Newsletter Printing	001.310.51300.42501	$55,074	$55,000	$32,138	$22,956	$55,094	$55,000	
Marketing	001.310.51300.48001	$885	$3,000	$0	$0	$0	$3,000	
Rentals & Leases	001.310.51300.42502	$1,858	$4,000	$1,562	$1,116	$2,678	$4,000	
Insurance	001.310.51300.45000	$83,239	$90,034	$84,008	$0	$84,008	$82,000	
Legal Advertising	001.310.51300.48000	$1,073	$1,500	$402	$821	$1,224	$1,500	
Other Current Charges	001.310.51300.49000	$484	$750	$615	$439	$1,054	$750	
Property Taxes	001.310.51300.31400	$0	$13,500	$0	$0	$0	$13,500	
Office Supplies	001.310.51300.51000	$29	$300	$20	$14	$34	$300	
Dues, Licenses & Subscriptions	001.310.51300.54000	$175	$175	$175	$0	$175	$175	
TOTAL ADMINISTRATIVE		$356,433	$379,134	$273,154	$128,040	$401,194	$399,167	

Maintenance								
Field Management Services	001.320.57200.34000	$521,549	$552,842	$322,492	$230,352	$552,844	$580,484	
Gate/Patrol/Pool Officers	001.320.57200.34501	$364,518	$384,846	$191,533	$136,809	$328,343	$360,000	
Security Credentials	001.320.57200.34505	$140	$0	$0	$0	$0	$0	
Gate/Patrol/Pool Officers-Special Events	001.320.57200.34511	$825	$0	$3,636	$2,597	$6,234	$0	
Security/Fire Alarm/Gate Repairs	001.320.57200.34500	$3,718	$9,500	$1,561	$1,115	$2,675	$5,000	
Access Control System	001.320.57200.34504	$67,184	$67,118	$39,152	$27,966	$67,118	$67,118	
Pest Control	001.320.57200.54501	$4,330	$4,690	$5,349	$1,250	$6,599	$4,690	

	Actual
Thru	Adopted
Budget	Actual
Thru	Projected
Next	Total
Projected	Approved
Budget	
Description		9/30/25	FY 2026	4/30/26	5 Months	9/30/26	FY 2027	

Maintenance-continued								
Telephone/Internet	001.320.57200.41000	$7,184	$7,000	$4,345	$4,345	$8,689	$7,000	
Electric	001.320.57200.43000	$251,360	$240,000	$142,521	$114,865	$257,386	$255,000	
Water	001.320.57200.43100	$11,419	$16,000	$5,703	$4,074	$9,777	$15,000	
Gas/Natural Gas-Pool	001.320.57200.43200	$26,555	$25,000	$23,331	$4,431	$27,762	$28,000	
Refuse	001.320.57200.43300	$8,096	$8,000	$5,003	$3,574	$8,577	$8,000	
Clubhouse Repairs and Maintenance	001.320.57200.54500	$82,958	$85,600	$53,224	$38,017	$91,241	$85,600	
Fitness Center Repairs and Maintenance	001.320.57200.54510	$2,073	$3,000	$1,259	$900	$2,159	$3,000	
Bowling Lanes Repairs and Maintenance	001.320.57200.54530	$22,219	$17,000	$8,950	$6,393	$15,342	$17,000	
Restaurant Repairs and Maintenance	001.320.57200.54520	$7,409	$6,000	$19,966	$14,261	$34,227	$6,000	
Furniture, Fixtures, Equipment	001.320.57200.52010	$7,277	$10,000	$9,209	$6,578	$15,787	$10,000	
Pool Maintenance	001.320.57200.45300	$34,707	$15,000	$20,479	$6,125	$26,604	$30,000	
Pool Repairs	001.320.57200.45301	$0	$0	$0	$0	$0	$10,000	
Golf Cart Repairs and Maintenance	001.320.57200.54506	$6,502	$8,000	$2,919	$2,085	$5,004	$6,500	
Reimbursed Repairs and Maintenance	001.320.57200.54540	$1,943	$0	$1,344	$0	$1,344	$0	
Maintenance Contingency	001.320.57200.49100	$0	$0	$0	$0	$0	$2,000	
Landscape  Maintenance-Contract	001.320.57200.46200	$194,663	$194,520	$113,470	$81,050	$194,520	$194,520	
Landscape  Maintenance-Improvements	001.320.57200.46201	$11,222	$15,000	$13,033	$1,500	$14,533	$20,000	
Irrigation Repairs	001.320.57200.46202	$5,266	$8,500	$4,470	$3,500	$7,970	$8,500	
Lake Maintenance-Contract	001.320.53800.46800	$55,236	$56,894	$28,350	$23,350	$51,700	$57,721	
Lake Maintenance-Other	001.320.53800.46803	$1,360	$2,000	$1,350	$0	$1,350	$0	
Wetland/Mitigation Maintenance	001.320.53800.46801	$47,000	$48,099	$7,450	$18,750	$26,200	$27,000	
Permits/Inspections	001.320.57200.54100	$495	$3,000	$976	$697	$1,672	$3,000	
Office Supplies/Printing/Binding	001.320.57200.51000	$3,341	$5,000	$1,194	$853	$2,047	$4,000	
Credit Card Processing Fees	001.320.57200.34600	$2,559	$5,500	$2,474	$1,767	$4,241	$5,500	
Dues & Subscriptions	001.320.57200.54000	$12,861	$9,500	$3,587	$5,913	$9,500	$9,500	
Decorations	001.320.57200.52005	$565	$2,500	$567	$0	$567	$2,500	
Special Events	001.320.57200.49400	$117,452	$165,000	$115,196	$49,804	$165,000	$165,000	
Storm Damage/Traffic Accident Repairs	001.320.57200.54502	$12,136	$0	$345	$0	$345	$0	
TOTAL MAINTENANCE		$1,896,119	$1,975,109	$1,154,437	$792,919	$1,947,357	$1,997,633	
								
TOTAL EXPENDITURES		$2,252,552	$2,354,243	$1,427,591	$920,959	$2,348,550	$2,396,800	

Other Sources and Uses
Capital Reserve-Transfer Out (From General	

Fund to Capital Reserve)	

($496,380)	

($461,545)	

($461,545)	

$49,301	

($412,244)	

($424,973)	
TOTAL OTHER SOURCES AND USES		($496,380)	($461,545)	($461,545)	$49,301	($412,244)	($424,973)	
								
EXCESS REVENUES		$57,780	$0	$775,173	($775,173)	$0	$0	

	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027	
Net Assessment	$1,703,644	$1,789,053	$2,055,306	$2,145,886	$2,336,610	$2,336,605	$2,495,773	
Plus Collection Fees (7%)	$128,231	$134,660	$154,700	$161,518	$175,874	$175,873	$187,854	
Gross Assessment	$1,831,875	$1,923,713	$2,210,006	$2,307,404	$2,512,484	$2,512,478	$2,683,627	
No. of Units	977	977	974	974	978	978	978	
Gross Per Unit Assessment	$1,875.00	$1,969.00	$2,269.00	$2,369.00	$2,569.00	$2,569.00	$2,743.99	

REVENUES:

Special  Assessments  001.300.36300.10100
The District will levy a non ad-valorem special assessment on all taxable property within the District to fund all of the General Operating Expenditures for the fiscal year.

Rental  Income 001.300.36200.10100
Rental fees charged for rental of facilities for events.

Entertainment  Fees  001.300.36200.10000
Fees charged for the Entertainment Series tickets and Special Event tickets. The entertainment fees include a charge for those paying with credit cards to offset the credit card processing fees.

Newsletter  Income 001.300.36200.10200
The District will earn advertising income from local businesses who would like to advertise in the CDD newsletter that is published on a monthly basis.

Interest  Income  001.300.36100.10000
The District will have all excess funds invested with the State Board of Administration. The amount is based upon the estimated average balance of funds available during the fiscal year.

Restaurant Lease Income 001.300.34900.10000
Monthly lease payment for lease of the Restaurant.

Sponsorship – AdventHealth 001.300.36300.10000
Contributions received from AdventHealth in support of programs, events, or initiatives.

Contributions 001.300.36600.10000
Funds received from individuals, organizations, or other entities to support the organization’s programs, operations, or initiatives.

Special Event – Security 001.300.36200.10500
Funds received from event organizers, sponsors, or participants to cover the costs of security services provided during specific events. This may include fees for on-site security personnel, access control, crowd management, and related safety measures. The revenue offsets the expenses associated with planning, staffing, and implementing security protocols to ensure a safe environment for attendees and staff.

Security Credentials 001.300.36200.10600
Funds collected from the issuance, replacement, or renewal of identification and access credentials for authorized personnel.

Revenue-Reimbursed  Repairs  001.300.36200.10900
Funds received or anticipated from third parties to offset costs incurred for repair activities.

Miscellaneous Income 001.300.36900.10000
Miscellaneous income sources including Monday Morning Coffee Revenue and Postage Revenue as well as any other business center revenue earned during the fiscal year.

Carryforward Surplus 001.300.27100.10000
The unexpended balance at the end of the prior fiscal year that has been rolled forward to the next fiscal year.

EXPENDITURES:

Supervisor Fees  001.310.51300.11000
The Florida Statutes allows each board member to receive $200 per meeting not to exceed $4,800 in one year. The amount for the fiscal year is based upon the five paid supervisors attending the estimated 12 monthly meetings and 6 joint meetings at their agreed upon compensation.

FICA Expense 001.310.51300.21000
Represents the Employer's share of Social Security and Medicare taxes withheld from Board of Supervisors checks.

Engineering Fees 001.310.51300.31100
The District's engineer will be providing general engineering services to the District including attendance and preparation for board meetings, etc.

Arbitrage 001.310.51300.31200
The District is required to annually have an arbitrage rebate calculation on the District's Series 2015 Capital Improvement Revenue Refunding Bonds. An independent certified public accounting firm will calculate the rebate liability and submit a report to the District.

Dissemination Agent 001.310.51300.31300
The District is required by the Security and Exchange Commission to comply with Rule 15(c)(2)-12(b)(5), which relates to additional reporting requirements for un-rated bond issues. The District has contracted with Governmental Management Services, to provide this service.

Dissemination-Amortization Schedules 001.310.51300.31301
The cost associated with the preparation and maintenance of amortization schedules after principal special calls on the Series 2015 bonds.

Attorney 001.310.51300.31500
The District's legal counsel will be providing general legal services to the District, i.e., attendance and preparation for monthly meetings, review operating and maintenance contracts, etc.

Annual Audit 001.310.51300.32200
The District is required annually to conduct an audit of its financial records by an Independent Certified Public Accounting Firm.

Trustee Fees 001.310.51300.32300
The District issued Series 2015A-1 and A-2 Capital Improvement Revenue Refunding Bonds which are held with a Trustee at US Bank. The amount of the trustee fees is based on the agreement between US Bank and the District.
Management Fees 001.310.51300.34000
The District receives Management, Accounting and Administrative services as part of a Management Agreement with Governmental Management Services. These services are further outlined in Exhibit "A" of the Management Agreement.

Management Fees-Beyond Contract 001.310.51300.34001
The District receives Management, Accounting and Administrative services as part of a Management Agreement with Governmental Management Services. Additional management, administrative, or accounting services that exceed the scope or limits of existing contractual agreements.

Accounting System Software 001.310.51300.35100
The District processes all of its financial activities, i.e., accounts payable, financial statements, etc. on a mainframe computer leased by Governmental Management Services.

Postage 001.310.51300.42000
Mailing of checks, overnight deliveries, correspondence, etc.

Printing & Binding 001.310.51300.42500
Printing copies, printing of computerized checks, stationary, envelopes etc.

Newsletter Printing 001.310.51300.42501
Cost of preparing and printing monthly newsletter for CDD residents.

Marketing 001.310.51300.48001
Activities designed to promote awareness, engagement, and participation in the organization’s programs, services, or initiatives. This includes costs for advertising (digital and print), social media campaigns, website development and maintenance, branding and graphic design, promotional materials, and public relations efforts.

Rentals & Leases 001.310.51300.42502
The District currently has a lease for the copier at the clubhouse. Copy overage and toner shipping charges are also included.

Insurance 001.310.51300.45000
The District's General Liability & Public Officials Liability Insurance policy and property insurance is with Florida Insurance Alliance (FIA). FIA specializes in providing insurance coverage to governmental agencies.

Legal Advertising 001.310.51300.48000
The District is required to advertise various notices for monthly Board meetings, public hearings, etc. in a newspaper of general circulation.

Other Current Charges 001.310.51300.49000
Bank charges and any other miscellaneous expenses that are incurred during the year.

Property Taxes 001.310.51300.31400
Non-exempt Ad-valorem taxes on property owned within the District.

Office Supplies 001.310.51300.51000
Miscellaneous office supplies.

Dues, Licenses & Subscriptions 001.310.51300.54000
The District is required to pay an annual fee to the Department of Economic Opportunity for $175. This is the only expense under this category for the District.

MAINTENANCE:

Field Management Fees 001.320.57200.34000
CALM will provide on-site management services for the District. The amount budgeted is based on an estimated annual contract amount of $552,842. This amount represents a 6% proposed increase.

Gate/Patrol/Pool Officers 001.320.57200.34501
Property, gate attendant services and pool officers for the Lake Ashton Community Development District are now provided by Nation Security. The amount budgeted is based on the annual contract.

Security Credentials 001.320.57200.34505
Support the procurement, issuance, and management of identification and access credentials for authorized personnel. This includes items such as ID badges, key cards, fobs, biometric enrollment materials, and associated printing or encoding supplies.

Gate/Patrol/Pool Officers – Special Events 001.320.57200.34511
The costs of security personnel and lifeguards assigned to ensure safety and order during special events. This includes compensation for officers responsible for access control at gates, patrolling event areas, and monitoring pool facilities to prevent accidents and respond to emergencies.

Security/Fire Alarm/Gate Repairs 001.320.57200.34500
Annual fire alarm and security alarm monitoring as well as gate repairs.

Access Control System 001.320.57200.34504
The District currently maintains a five-year agreement with Securitas to amortize the costs of the access control systems and gate operators.

Pest Control 001.320.57200.54501
The District has obtained a contract with Country Boy Pest Control for bugs, mosquitoes and rodent control.

Telephone/Internet 001.320.572100.41000
The District is contracted with Spectrum for Internet services, telephone services, and guest wi-fi services. The District is also contracted with Kings III for emergency telephone service at the pool.

Electric 001.320.57200.43000
The District has various accounts with TECO for electric services.

Account Number	Description	Annual Amount	
211003673699	3555 LAKE ASHTON BL LTS	$1,500.00	
211003674275	LAKE ASHTON-OUTDOOR LIGHTING	$65,000.00	
211003674721	1101 ASHTON PALMS DRIVE	$1,400.00	
211003674952	ASHTON PALMS DR A/L - OUTDOOR LIGHTING	$1,500.00	
211003675454	ASHTON PALMS DRIVE- OUTDOOR LIGHTING	$7,800.00	
211003675231	LAKE ASHTON PHIIIB - OUTDOOR LIGHTING	$24,500.00	
211003673350	3555 LAKE ASHTON BL GRD HSE	$3,500.00	
211003674523	DUNMORE DRIVE AL	$49,000.00	
211003673988	4141 ASHTON CLUB DRIVE	$65,500.00	
221000397002	LAKE ASHTON PH5 LTS	$13,150.00	
211003675660	LAKE ASHTON PH6	$15,750.00	
211003675918	THE PALMS/MACARTHUR PALMS	$6,400.00	
TOTAL		$255,000.00	

Water 001.320.57200.43100
The District receives water service from the City of Lake Wales.

Account Number	Description	Annual Amount	
20735	4141 ASHTON CLUB DRIVE	$10,500.00	
22109	GATE ENTRANCE-IRR	$1,500.00	
37767	PALMS IRRIGATION	$1,500.00	
20740	4128 LAKE ASHTON BLVD.	$1,500.00	
TOTAL		$15,000.00	

Gas/Natural  Gas-Pool  001.320.57200.43200
The District currently uses Florida Public Utilities and Gas South for gas to heat the pool.

Refuse  Service  001.320.57200.43300
The District is currently contracted with Florida Refuse for garbage pickup and recycling services.

Bridge Repairs and Maintenance 001.320.57200.54508
The costs associated with inspecting, repairing, and maintaining bridge structures to ensure safety, functionality, and longevity. This includes expenses for labor, materials, equipment, and contractor services required to address structural wear, corrosion, deck and railing repairs, joint replacement, and other routine or corrective maintenance activities.

Clubhouse Repairs and Maintenance 001.320.57200.54500
The costs associated with the upkeep, repair, and improvement of clubhouse facilities to ensure safety, functionality, and aesthetic appeal. This includes expenses for labor, materials, and contractor services needed for routine maintenance, structural repairs, plumbing, electrical work, HVAC servicing, painting, and other facility improvements.

Fitness Center Repairs and Maintenance 001.320.57200.54510
The costs associated with the upkeep, repair, and replacement of equipment and facilities within the fitness center to ensure safety, functionality, and accessibility. This includes expenses for labor, materials, contractor services, and equipment parts needed for routine maintenance, mechanical or electronic repairs, cleaning, and preventive upkeep of exercise machines.

Bowling Lanes Repairs and Maintenance 001.320.57200.54530
The costs associated with maintaining, repairing, and servicing bowling lanes and related equipment to ensure safety, functionality, and a high-quality user experience. This includes expenses for labor, materials, and contractor services required for lane resurfacing, pinsetter and ball return maintenance, scoring system repairs, lighting, and other mechanical or structural components.

Restaurant Repairs and Maintenance 001.320.57200.54520
The costs associated with maintaining, repairing, and improving restaurant facilities and equipment to ensure safety, operational efficiency, and a high-quality dining experience. This includes expenses for labor, materials, and contractor services needed for routine maintenance, plumbing, electrical, HVAC servicing, kitchen appliance repairs, structural repairs, and general facility upkeep.

Furniture, Fixtures, Equipment 001 320.57200.52010
Replacement of furniture, fixtures, and equipment in the Clubhouse.

Pool Maintenance-Pool 001.320.57200.45300
The costs associated with contracted services for the routine operation, maintenance, and care of swimming pool facilities. This includes fees for professional pool service providers responsible for water treatment, chemical balancing, filtration system monitoring, equipment inspection, cleaning, and other preventive maintenance tasks.

Pool Repairs 001.320.57200.45301
The costs associated with the repair and upkeep of swimming pool facilities to ensure safety, functionality, and compliance with health standards. This includes expenses for labor, materials, and contractor services needed to address mechanical, structural, or equipment issues such as pumps, heaters, filtration systems, pool surfaces, and safety features.

Golf Cart Repairs and Maintenance 001.320.57200.54506
The District has contracted with Performance Plus Carts for the preventive & regular maintenance to the security golf carts.

Reimbursed Repairs and Maintenance 001.320.57200.54540
Represent expenditures incurred for repair activities that are expected to be offset, in whole or in part, through reimbursement from third parties such as insurance providers, warranties, or other funding sources.

Maintenance  Contingency  001.320.57200.49100
Funds reserved to address unforeseen or unplanned maintenance needs that may arise during the project or operational period.

Landscape Maintenance Contract 001.320.57200.46200
The District has contracted with Yellowstone Landscape to provide landscape maintenance services for the Lake Ashton Community Development District. These services will include, mowing, edging, trimming, debris removal, fertilizer, insect, disease and weed control, shrubs, tree maintenance, irrigation, mulching, palm pruning, and maintenance on Fig.

Landscape Maintenance Improvements 001.320.57200.46201
Replacement of plants needed throughout the District.

Irrigation  Repairs  001.320.57200.46202
Unscheduled repairs and maintenance to the irrigation system throughout the District.

Lake Maintenance Contract 001.320.53800.46800
The District has obtained a contract with Solitude Lake Management for the maintenance of 13 ponds, canals, & E-1 pond Littoral Shelf.

Description	Monthly	Annually	
Solitude Lake Mgmt	$4,603	$55,237	

Wetland/Mitigation Maintenance 001.320.53800.46801
The District has obtained a contract with Solitude Lake Management for Wetlands/Mitigation maintenance. The management program will include the control of vegetation, algae, and grass/brush control.

Description	Quarterly	Annually	Area	
Applied Aquatics	$4,450.00	$17,800.00	Mitigation Areas: 1B, 7A	
			Wetlands Areas: 2, 3, 4, 5,	
			6,	8,	Utility	Easement	
			Wetland, and	
			East Conservation Area	
	Semi-Annually	Annually	Area	
Applied Aquatics	$4,200.00	$8,400.00	Conservation Area from	
			Clubhouse West to ramp	

Permits/Inspections 001.320.57200.54100
The District is required to renew permits and other inspections on an annual basis with the City of Lake Wales, Polk County, FWC, and The State of Florida to comply with regulations.

Office Supplies/Printing & Binding 001.320.57200.51000
Office supplies for the clubhouse that will include items such as paper, toner, etc.

Credit Card Processing Fee 001.320.57200.34699
The costs associated with processing payments made via credit or debit cards. This includes transaction fees, service charges, and merchant processing costs incurred when customers, clients, or participants use card payments for services or program fees.

Dues & Licenses 001.320.57200.54000
The District is required to pay an annual subscription for Motion Picture Licensing and Music Licensing.

Decorations 001.320.57200.52005
The District funds seasonal decorations for the Clubhouse.

Special Events 001.320.57200.49400
The costs associated with planning, organizing, and executing events intended to engage participants, promote programs, or support organizational objectives. This includes expenses for venue rental, catering, staffing, security, equipment rental, decorations, marketing, and other event-related services and materials.

Storm Damage 001.320.57200.54502
The costs associated with repairing and restoring property and operations following damage caused by severe weather events.

Lake Ashton
Community Development District Approved Budget
Capital Reserve Fund

 Description		Actual Thru
	9/30/25		Adopted Budget
	FY 2026		Actual Thru
	4/30/26		Projected Next
	5 Months		Total Projected
	9/30/26		Approved Budget
	FY 2027		

Revenues							
Capital Reserve-Transfer In (From General Fund to Capital Reserve)	$496,380	$461,545	$461,545	($49,301)	$412,244	$424,973	
Interest Income	$33,812	$30,000	$18,331	$13,094	$31,424	$25,000	
Carryforward Surplus	$661,153	$955,705	$852,083	$0	$852,083	$1,021,548	
TOTAL REVENUES	$1,191,345	$1,447,250	$1,331,959	($36,208)	$1,295,751	$1,471,521	

Expenditures

Capital Projects-FY 25							
Pavement/Curb Repairs	$6,400	$0	$0	$0	$0	$0	
Restaurant Equipment	$20,960	$0	$0	$0	$0	$0	
Permanent Roofline Lighting	$28,902	$0	$0	$0	$0	$0	
Clubhouse Painting	$35,185	$0	$0	$0	$0	$0	
Seamless Gutters	$16,400	$0	$0	$0	$0	$0	
AED Kits	$4,232	$0	$0	$0	$0	$0	
Tennis Court Resurface	$16,685	$0	$0	$0	$0	$0	
Shoreline Restoration	$38,513	$0	$0	$0	$0	$0	
Ballroom Refurbishment	$62,098	$0	$0	$0	$0	$0	
Street Sign Replacement	$5,545	$0	$0	$0	$0	$0	
Stormwater Repairs	$40,299	$0	$0	$0	$0	$0	
Guardhouse Roof Replacement	$5,330	$0	$0	$0	$0	$0	
Projector Screen Replacement	$5,500	$0	$0	$0	$0	$0	
Shuffleboard Court Roof Replacement	$10,630	$0	$0	$0	$0	$0	
Golf Course Bridge	$13,500	$0	$0	$0	$0	$0	
Contingencies	$28,891	$0	$0	$0	$0	$0	
Other Current Charges	$192	$0	$0	$0	$0	$0	
Capital Projects-FY 26	$0	$0	$0	$0	$0	$0	
Capital Projects	$0	$0	$863	$0	$863	$0	
Turnberry Paving	$0	$0	$157,328	$0	$157,328	$0	
Bridge Board Replacement	$0	$0	$16,000	$0	$16,000	$0	
Ballroom Flooring	$0	$0	$55,992	$0	$55,992	$0	
Reserve Study Update	$0	$0	$1,475	$0	$1,475	$0	
Stormwater Management	$0	$0	$41,940	$0	$41,940	$0	
Capital Projects	$0	$312,319	$0	$0	$0	$0	
Contingencies	$0	$223,150	$0	$0	$0	$0	
Other Current Charges	$0	$650	$353	$252	$605	$0	
Capital Projects-FY 27							
Golf Course Reserves	$0	$0	$0	$0	$0	$0	
Capital Projects	$0	$0	$0	$0	$0	$451,358	
Contingencies	$0	$0	$0	$0	$0	$0	
Other Current Charges	$0	$0	$0	$0	$0	$650	
TOTAL EXPENDITURES	$339,262	$536,119	$273,951	$252	$274,203	$452,008	
							
EXCESS REVENUES	$852,083	$911,131	$1,058,008	($36,460)	$1,021,548	$1,019,513	

RESERVE STUDY	FY 2027	FY 2028	FY 2029	FY 2030	FY 2031	
Beginning Balance	$1,082,226	$1,091,420	$821,970	$901,058	$949,910	
Reserves	$417,263	$417,263	$431,867	$446,983	$462,627	
Interest	$43,289	$43,657	$32,879	$36,042	$37,996	
Expenditures	($451,358)	($730,370)	($385,658)	($434,173)	($493,770)	
Ending Balance	$1,091,420	$821,970	$901,058	$949,910	$956,763	

RESERVES	FY 2027	FY 2028	FY 2029	FY 2030	FY 2031	
Beginning Balance	$1,021,548	$1,020,163	$750,713	$829,801	$878,653	
Reserves	$424,973	$417,263	$431,867	$446,983	$462,627	
Interest	$25,000	$43,657	$32,879	$36,042	$37,996	
Expenditures	($451,358)	($730,370)	($385,658)	($434,173)	($493,770)	
Ending Balance	$1,020,163	$750,713	$829,801	$878,653	$885,506	

Lake Ashton	Debt Service Fund
Community Development District	Series 2015 Special Assessment Refunding Bonds

	Adopted
Budget	Actual
Thru	Projected
Next	Total
Projected	Approved
Budget	
 Description			FY 2026		  4/30/26		  5 Months		  9/30/26			FY 2027		
Revenues
Special Assessments - Levy (1)	

$362,500	

$375,605	

$2,072	

$377,677	

$348,500	
Special Assessments - PPMT A-1	$0	$44,598	$0	$44,598	$0	
Special Assessments - PPMT A-2	$0	$0	$0	$0	$0	
Interest Income	$500	$7,919	$5,657	$13,576	$5,000	
Carry Forward Surplus (2)	$117,841	$107,205	$0	$107,205	$90,431	
TOTAL REVENUES	$480,841	$535,327	$7,729	$543,056	$443,931	

Expenditures
Series 2015A-1
Interest - 11/01	$45,875	$45,875	$0	$45,875	$38,625	
Interest - 05/01	$45,875	$0	$44,000	$44,000	$38,625	
Principal - 05/01	$225,000	$0	$215,000	$215,000	$225,000	
Special Call - 11/01	$0	$75,000	$0	$75,000	$0	
Special Call - 5/01	$0	$0	$25,000	$25,000	$0	

Series 2015A-2 Interest - 11/01	

$9,000	

$9,000	

$0	

$9,000	

$8,250	
Interest - 05/01	$9,000	$0	$8,750	$8,750	$8,250	
Principal - 05/01	$25,000	$0	$20,000	$20,000	$25,000	
Special Call - 05/01	$0	$10,000	$0	$10,000	$0	
TOTAL EXPENDITURES	$359,750	$139,875	$312,750	$452,625	$343,750	
						
EXCESS REVENUES	$121,091	$395,452	($305,021)	$90,431	$100,181	

(1) This is based on maximum annual debt assessment. Will update FY27 lot count when received.			
(2) Carryforward suplus is net of the Reserve Requirement.			
	2015A-1	$ 33,000.00	
	2015A-2	 $ 7,625.00 	
	11/27 Interest	$40,625.00	

No. of Units	Per Unit	2015A-1	2015A-2	
401	$0.00	$0.00	$0.00	
129	$539.74	$69,626.46	$0.00	
16	$684.62	$10,953.92	$0.00	
256	$765.82	$196,049.92	$0.00	
22	$1,092.43	$0.00	$24,033.46	
61	$1,028.98	$36,219.36	$26,548.42	
77	$977.74	$75,285.98	$0.00	
GC (12)	$9,530.40	$9,530.40	$0.00	
974	$397,666.04	$50,581.88	
Discounts/Collection Fees (7%)	  ($27,836.62)	($3,540.73) 	
Net Assessment Total	$369,829.42	$47,041.15	

DATE	BALANCE	PRINCIPAL	INTEREST		TOTAL	

05/01/26	
$ 1,760,000.00	
$	215,000.00	
$	44,000.00	
$	
379,875.00	
11/01/26	$ 1,545,000.00	$	-	$	38,625.00	$	-	
05/01/27	$ 1,545,000.00	$	225,000.00	$	38,625.00	$	302,250.00	
11/01/27	$ 1,320,000.00	$	-	$	33,000.00	$	-	
05/01/28	$ 1,320,000.00	$	240,000.00	$	33,000.00	$	306,000.00	
11/01/28	$ 1,080,000.00	$	-	$	27,000.00	$	-	
05/01/29	$ 1,080,000.00	$	250,000.00	$	27,000.00	$	304,000.00	
11/01/29	$  830,000.00	$	-	$	20,750.00	$	-	
05/01/30	$  830,000.00	$	265,000.00	$	20,750.00	$	306,500.00	
11/01/30	$  565,000.00	$	-	$	14,125.00	$	-	
05/01/31	$  565,000.00	$	275,000.00	$	14,125.00	$	303,250.00	
11/01/31	$  290,000.00	$	-	$	7,250.00	$	-	
05/01/32	$  290,000.00	$	290,000.00	$	7,250.00	$	304,500.00	
		$ 1,760,000.00	$ 325,500.00	$ 2,206,375.00	

DATE	BALANCE	PRINCIPAL	INTEREST	TOTAL	

05/01/26	
$ 350,000.00	
$	
20,000.00	
$	8,750.00	
$	47,750.00	
11/01/26	$ 330,000.00	$	-	$	8,250.00	$	-	
05/01/27	$ 330,000.00	$	25,000.00	$	8,250.00	$	41,500.00	
11/01/27	$ 305,000.00	$	-	$	7,625.00	$	-	
05/01/28	$ 305,000.00	$	25,000.00	$	7,625.00	$	40,250.00	
11/01/28	$ 280,000.00	$	-	$	7,000.00	$	-	
05/01/29	$ 280,000.00	$	25,000.00	$	7,000.00	$	39,000.00	
11/01/29	$ 255,000.00	$	-	$	6,375.00	$	-	
05/01/30	$ 255,000.00	$	25,000.00	$	6,375.00	$	37,750.00	
11/01/30	$ 230,000.00	$	-	$	5,750.00	$	-	
05/01/31	$ 230,000.00	$	30,000.00	$	5,750.00	$	41,500.00	
11/01/31	$ 200,000.00	$	-	$	5,000.00	$	-	
05/01/32	$ 200,000.00	$	30,000.00	$	5,000.00	$	40,000.00	
11/01/32	$ 170,000.00	$	-	$	4,250.00	$	-	
05/01/33	$ 170,000.00	$	30,000.00	$	4,250.00	$	38,500.00	
11/01/33	$ 140,000.00	$	-	$	3,500.00	$	-	
05/01/34	$ 140,000.00	$	30,000.00	$	3,500.00	$	37,000.00	
11/01/34	$ 110,000.00	$	-	$	2,750.00	$	-	
05/01/35	$ 110,000.00	$	35,000.00	$	2,750.00	$	40,500.00	
11/01/35	$	75,000.00	$	-	$	1,875.00	$	-	
05/01/36	$	75,000.00	$	35,000.00	$	1,875.00	$	38,750.00	
11/01/36	$	40,000.00	$	-	$	1,000.00	$	-	
05/01/37	$	40,000.00	$	40,000.00	$	1,000.00	$	42,000.00	
		$ 350,000.00	$ 115,500.00	$ 484,500.00