Title: IAD-SW Amended Final Budget 2025-2026.xlsx
Author: JWalker

Islands At Doral (SW) Community Development District

Amended Final Budget For Fiscal Year 2025/2026
October 1, 2025 - September 30, 2026

CONTENTS

I

AMENDED FINAL OPERATING FUND BUDGET

II

AMENDED FINAL DEBT SERVICE FUND BUDGET

AMENDED FINAL BUDGET
ISLANDS AT DORAL (SW) COMMUNITY DEVELOPMENT DISTRICT OPERATING FUND
FISCAL YEAR 2025/2026 OCTOBER 1, 2025 - SEPTEMBER 30, 2026

Notes
Carryover from prior year of $9,000 was used to reduce Fiscal Year 2025/2026 Assessments. Carryover from prior year of $11,200 to be used to reduce Fiscal Year 2026/2027 Assessments.

I

8/31/2026 4:42 PM

$449,773

$14,136

$463,909

Fund Balance As Of 9/30/2025

FY 2025/2026 Activity

Fund Balance As Of 9/30/2026

REVENUES

FISCAL YEAR 2025/2026 BUDGET 10/1/25 - 9/30/26

AMENDED FINAL BUDGET
10/1/25 - 9/30/26

YEAR TO DATE ACTUAL
10/1/25 - 8/31/26

Administrative Assessments

78,833

79,931

79,931

Maintenance Assessments

35,585

35,648

35,648

Debt Assessments

572,496

573,562

573,562

Other Revenues

0

0

0

Interest Income

1,080

6,800

6,305

Total Revenues

$	687,994

$	695,941

$	695,446

EXPENDITURES

Maintenance Expenditures

Engineering Report/Inspections

2,000

2,800

2,800

Storm Drain Inlet Maintenance

13,000

6,500

0

Street/Roadway Maintenance - Polynesian Subdivision

4,200

2,100

0

Miscellaneous General Maintenance

2,650

1,325

0

Storm Drainage/ Class V Permit

3,500

8,000

8,000

Miscellaneous Stormwater System Maintenance

8,100

4,050

0

Total Maintenance Expenditures

$	33,450

$	24,775

$	10,800

Administrative Expenditures

Supervisor Fees

5,000

800

600

Payroll Taxes (Employer)

383

61

46

Management

35,100

35,100

32,175

Secretarial & Field Operations

6,000

6,000

5,500

Legal

7,500

7,500

5,033

Assessment Roll

6,000

6,000

0

Audit Fees

3,600

3,600

3,600

Insurance

7,400

7,269

7,269

Legal Advertisements

3,000

2,000

1,185

Miscellaneous

2,400

2,400

1,793

Postage

275

165

134

Office Supplies

400

350

294

Dues & Subscriptions

175

175

175

Trustee Fees

4,300

4,246

4,246

Continuing Disclosure Fee

350

350

0

Website Management

2,000

2,000

1,833

Administrative Contingency

300

300

0

Total Administrative Expenditures

$	84,183

$	78,316

$	63,883

Total Expenditures

$	117,633

$	103,091

$	74,683

EXCESS/ (SHORTFALL)

$	570,361

$	592,850

$	620,763

Bond Payments

(538,146)

(547,790)

(547,790)

Balance

$	32,215

$	45,060

$	72,973

County Appraiser & Tax Collector Fee

(13,738)

(6,641)

(6,641)

Discounts For Early Payments

(27,477)

(24,283)

(24,283)

Excess/ (Shortfall)

$	(9,000)

$	14,136

$	42,049

Carryover From Prior Year

9,000

9,000

0

Net Excess/ (Shortfall)

$	-

$	23,136

$	42,049

AMENDED FINAL BUDGET
ISLANDS AT DORAL (SW) COMMUNITY DEVELOPMENT DISTRICT DEBT SERVICE FUND
FISCAL YEAR 2025/2026 OCTOBER 1, 2025 - SEPTEMBER 30, 2026

Note*: Revenue Fund Balance = $164,453.
Revenue Fund Balance To Be Used To Make 11/1/2026 Interest Payment Of $56,894.
* Approximate Amounts

Series 2020 Refunding Bonds Information

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

$6,945,000 2.69%
Jan 2020
May 2035

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

Par Amount As Of 9/30/26 =

$4,230,000

II

8/31/2026 4:42 PM

$149,390

$15,063

$164,453

Fund Balance As Of 9/30/2025

Projected FY 2025/2026 Activity

Projected Fund Balance As Of 9/30/2026

REVENUES

FISCAL YEAR 2025/2026 BUDGET
10/1/25 - 9/30/26

AMENDED FINAL BUDGET
10/1/25 - 9/30/26

YEAR TO DATE ACTUAL
10/1/25 - 8/31/26

Interest Income

1,000

8,250

7,850

NAV Tax Collection

538,146

547,790

547,790

Total Revenues

$	539,146

$	556,040

$	555,640

EXPENDITURES

Principal Payments

416,000

416,000

416,000

Interest Payments

119,382

124,977

124,977

Bond Redemption

3,764

0

0

Total Expenditures

$	539,146

$	540,977

$	540,977

Excess/ (Shortfall)

$	-

$	15,063

$	14,663