Newfield 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
NEWFIELD COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2024/2025
OCTOBER 1, 2024 - SEPTEMBER 30, 2025

10/17/2025 2:04 PM

$23,482

($10,513)

$12,969

Fund Balance As Of 9/30/2024

Projected 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

O&M Assessments

0

0

0

Developer Contribution

122,839

482,618

482,618

Square Restaurant Revenue

0

27,771

27,771

Debt Assessments

0

0

0

Interest Income

360

425

402

Total Revenues

$	123,199

$	510,814

$	510,791

EXPENDITURES

Supervisor Fees

0

600

600

Payroll Taxes

0

46

46

Engineering/Inspections

15,000

58,000

47,212

Miscellaneous Maintenance (Landscaping, Etc.)

5,000

15,000

9,135

Management

39,324

39,324

39,324

Legal

30,000

45,000

26,788

Assessment Roll

6,000

0

0

Audit Fees

5,000

3,500

3,500

Arbitrage Rebate Fee

650

0

0

Insurance

7,250

15,089

15,089

Legal Advertisements

5,000

3,500

1,763

Miscellaneous

1,000

750

542

Postage

300

175

155

Office Supplies

1,500

1,200

1,062

Dues & Subscriptions

175

175

175

Trustee Fees

4,500

0

0

Continuing Disclosure Fee

1,000

0

0

Website Management

1,500

1,500

1,500

Restaurant Operations (OnVie)

0

260,000

245,273

Restaurant Cleaning Services

0

24,000

17,060

Fireworks Display

0

25,000

25,000

Holiday Lighting

0

28,468

14,234

Total Expenditures

$	123,199

$	521,327

$	448,458

REVENUES LESS EXPENDITURES

$	-

$	(10,513)

$	62,333

Bond Payments

0

0

0

BALANCE

$	-

$	(10,513)

$	62,333

County Appraiser & Tax Collector Fee

0

0

0

Discounts For Early Payments

0

0

0

EXCESS/ (SHORTFALL)

$	-

$	(10,513)

$	62,333

Carryover From Prior Year

0

0

0

NET EXCESS/ (SHORTFALL)

$	-

$	(10,513)

$	62,333

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

Notes
Reserve Fund Balance = $903,029*. Interest Account Balance = $2,088,984*
Interest Fund Balance To Be Used To Make 11/1/2025 Interest Payment Of $613,577. Capitalized Interest Was Set-Up Through November 2026.
Capital Projects Bond Proceeds = $22,750,187. Total Bond Proceeds = $25,720,000. FY 2024/2025 Cost Of Issuance = $819,685.
FY 2024/2025 Original Issue Discount = $7,697.
Fiscal Year 2024/2025 Capital Outlay = $21,909,222*.

* Approximate Amounts

Series 2025 Bond Information

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

$25,270,000 4.40% - 5.90%
May 2025
May 2056

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

Par Amount As Of 9/30/25 =

$25,270,000

II

$0

$2,992,013

$2,992,013

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

0

22,200

22,155

Bond Proceeds

0

2,969,813

2,969,813

NAV Assessment Collection

0

0

0

Total Revenues

$	-

$	2,992,013

$	2,991,968

EXPENDITURES

Principal Payments

0

0

0

Interest Payments

0

0

0

Bond Redemption

0

0

0

Total Expenditures

$	-

$	-

$	-

Excess/ (Shortfall)

$	-

$	2,992,013

$	2,991,968