Newfield Community Development District

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

CONTENTS

I

PROPOSED BUDGET

II

DETAILED PROPOSED BUDGET

III

DETAILED PROPOSED HARVEST HOUSE BUDGET

IV

DETAILED PROPOSED NEWFIELD LIFESTYLE BUDGET

V

DETAILED PROPOSED DEBT SERVICE FUND BUDGET (2025 BOND)

VI

ASSESSMENT COMPARISON - RATES

VII

ASSESSMENT COMPARISON - UNITS

PROPOSED BUDGET
NEWFIELD COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2026/2027
OCTOBER 1, 2026 - SEPTEMBER 30, 2027

I

REVENUES

FISCAL YEAR 2026/2027 BUDGET

O&M Assessments

1,931,596

Developer Contribution

503,930

Debt Assessments

1,921,338

Harvest House Sales Revenue

84,000

Interest Income

480

TOTAL REVENUES

$	4,441,344

EXPENDITURES

Administrative Expenditures

Supervisor Fees

1,000

Payroll Taxes

80

Management

60,000

Legal

30,000

Assessment Roll

6,000

Audit Fees

5,000

Arbitrage Rebate Fee

650

Insurance

40,000

Legal Advertisements

4,000

Miscellaneous

1,000

Postage

300

Office Supplies

1,500

Dues & Subscriptions

175

Website Management

1,500

Trustee Fees

4,500

Continuing Disclosure Fee

1,000

Total Administrative Expenditures

156,705

Maintenance Expenditures

Engineering/Inspections

20,000

Miscellaneous Maintenance

5,000

Lake Maintenance

12,000

Lawn Maintenance/Landscaping

24,000

Electricity/Power

24,000

Trash Removal

12,000

Fountain Maintenance

9,600

Pest Control

6,000

PAMP I - Maintenance Control Of Invasive Species

96,000

PAMP I - Trail Maintenance

48,000

PAMP II - Maintenance Control Of Invasive Species

144,000

E-Bike Operations

60,000

Total Maintenance Expenditures

460,600

Total Harvest House Expenditures

$	161,640

Total Newfield Lifestyle Expenditures

$	1,007,860

TOTAL EXPENDITURES

$	2,404,110

REVENUES LESS EXPENDITURES

$	2,037,234

Bond Payments

(1,806,058)

BALANCE

$	231,176

County Appraiser & Tax Collector Fee

(77,059)

Discounts For Early Payments

(154,117)

EXCESS/ (SHORTFALL)

$	-

DETAILED PROPOSED BUDGET
NEWFIELD COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2026/2027
OCTOBER 1, 2026 - SEPTEMBER 30, 2027

II

REVENUES

FISCAL YEAR 2024/2025 ACTUAL

FISCAL YEAR 2025/2026 BUDGET

FISCAL YEAR 2026/2027 BUDGET

COMMENTS

O&M Assessments

0

0

1,931,596

Expenditures Less Developer Contribution,Harvest House Rev & Interest/.94

Developer Contribution

482,618

125,209

503,930

50% Of Newfield Lifestyle Expenditures

Debt Assessments

0

0

1,921,338

Bond Payments/.94

Harvest House Sales Revenue

31,669

0

84,000

Estimated At $7,000 Per Month

Interest Income

409

360

480

Estimated At $40 Per Month

TOTAL REVENUES

$	514,696

$	125,569

$	4,441,344

EXPENDITURES

Administrative Expenditures

Supervisor Fees

600

1,000

1,000

Supervisor Fees

Payroll Taxes

46

80

80

Projected At 8% Of Supervisor Fees

Management

39,324

40,464

60,000

Scope Increase

Legal

27,731

30,000

30,000

No Change From 2025/2026 Budget

Assessment Roll

0

6,000

6,000

Will Commence In Fiscal Year Of Bond Issuance

Audit Fees

3,500

5,000

5,000

Price Will Increase Following Bond Issuance

Arbitrage Rebate Fee

0

650

650

No Change From 2025/2026 Budget

Insurance

15,089

7,400

40,000

FY 25/26 Expenditure Was $39,250

Legal Advertisements

1,898

5,000

4,000

$1,000 Decrease From 2025/2026 Budget

Miscellaneous

542

1,000

1,000

No Change From 2025/2026 Budget

Postage

155

300

300

No Change From 2025/2026 Budget

Office Supplies

1,062

1,500

1,500

No Change From 2025/2026 Budget

Dues & Subscriptions

175

175

175

Annual Fee Due Department Of Economic Opportunity

Website Management

1,500

1,500

1,500

12 Months X $125

Trustee Fees

0

4,500

4,500

No Change From 2025/2026 Budget

Continuing Disclosure Fee

0

1,000

1,000

No Change From 2025/2026 Budget

Total Administrative Expenditures

91,622

105,569

156,705

Maintenance Expenditures

Engineering/Inspections

48,687

15,000

20,000

FY 2025/2026 Expenditure Through Feb 2026 Was $5,670

Miscellaneous Maintenance

16,909

5,000

5,000

Miscellaneous Maintenance

Lake Maintenance

1,350

0

12,000

Lake Maintenance

Lawn Maintenance/Landscaping

7,960

0

24,000

Lawn Maintenance/Landscaping

Electricity/Power

0

0

24,000

FY 2025/2026 Expenditure Through Feb 2026 Was $10,006

Trash Removal

0

0

12,000

Lake Maintenance

Fountain Maintenance

0

0

9,600

H2O Perfection: 12 Months X $800

Pest Control

0

0

6,000

Pest Control

PAMP I - Maintenance Control Of Invasive Species

0

0

96,000

PAMP I - Maintenance Control Of Invasive Species

PAMP I - Trail Maintenance

0

0

48,000

PAMP I - Trail Maintenance

PAMP II - Maintenance Control Of Invasive Species

0

0

144,000

PAMP II - Maintenance Control Of Invasive Species

E-Bike Operations

0

0

60,000

Slidr:12 Months X 3,500 Plus Sprockets Expenditures

Total Maintenance Expenditures

74,906

20,000

460,600

Total Harvest House Expenditures

56,200

0

$	161,640

See Detail On Page 3

Total Newfield Lifestyle Expenditures

249,800

0

$	1,007,860

See Detail On Page 4

TOTAL EXPENDITURES

$	472,528

$	125,569

$	2,404,110

REVENUES LESS EXPENDITURES

$	42,168

$	-

$	2,037,234

Bond Payments

0

0

(1,806,058)

BALANCE

$	42,168

$	-

$	231,176

County Appraiser & Tax Collector Fee

0

0

(77,059)

Discounts For Early Payments

0

0

(154,117)

EXCESS/ (SHORTFALL)

$	42,168

$	-

$	-

DETAILED PROPOSED HARVEST HOUSE BUDGET
NEWFIELD COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2026/2027
OCTOBER 1, 2026 - SEPTEMBER 30, 2027

III

HARVEST HOUSE EXPENDITURES

FISCAL YEAR 2024/2025
ACTUAL

FISCAL YEAR 2025/2026
BUDGET

FISCAL YEAR 2026/2027
BUDGET

COMMENTS

Management Fees

0

0

30,840

$2,570 Per Month

Staffing

0

0

40,800

$3,400 Per Month

Total Management & Staffing

0

0

71,640

Miscellaneous Product Procurement

56,200

0

64,400

Projected Revenue Is $84,000

Harvest House Cleaning Services

0

0

14,400

$1,200 Per Month

Square Expenditure (Credit Card)

0

0

1,200

Square Expenditure (Credit Card)

Sales Tax

0

0

10,000

Total Product Procurement

56,200

0

90,000

TOTAL HARVEST HOUSE EXPENDITURES

$	56,200

$	-

$	161,640

DETAILED PROPOSED NEWFIELD LIFESTYLE
NEWFIELD COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2026/2027
OCTOBER 1, 2026 - SEPTEMBER 30, 2027

BUDGET

IV

NEWFIELD LIFESTYLE EXPENDITURES

FISCAL YEAR 2024/2025
ACTUAL

FISCAL YEAR 2025/2026
BUDGET

FISCAL YEAR 2026/2027
BUDGET

COMMENTS

Newfield Lifestyle Management

Lifestyle Management Contract (Onvie)

0

0

67,540

$2,570 Per Month

Lifestyle Director Salary (Includes Fringe)

0

0

109,500

Lifestyle Assistant Salary (Includes Fringe)

0

0

78,000

Staffing Tech & Setup

0

0

2,500

District Manager Amenity Management

0

0

12,000

District Manager Amenity Management

Total Newfield Lifestyle Management

0

0

269,540

Newfield Programming Expenditures

Weekly Programming

0

0

13,324

Includes Weekly Clubs & Fitness Classes

Monthly Programming

0

0

88,992

Includes Friday Night Jams & Game Nights

Quarterly Programming

0

0

103,700

Includes Movie Nights & Sporting Events

Signature Events/Holidays

224,800

0

158,920

Includes Holidays, Festivals & 5K Races

Club Allowances

0

0

1,000

Allowances To Start Clubs (4 Groups At $250)

July Fourth Fireworks

25,000

0

25,000

Special Events Cleaning Services

0

0

14,420

Miscellaneous Programming Expenditures

0

0

14,964

Includes Event Staffing & Photography

Citrus House Maintenance

0

0

300,000

Citrus House Maintenance

Communications

0

0

18,000

Alosant (Newfield App): $1,500 Per Month

Total Newfield Programming Expenditures

249,800

0

738,320

TOTAL NEWFIELD LIFESTYLE EXPENDITURES

$	249,800

$	-

$	1,007,860

DETAILED PROPOSED DEBT SERVICE FUND BUDGET (SERIES 2025)
NEWFIELD COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2026/2027
OCTOBER 1, 2026 - SEPTEMBER 30, 2027

Series 2025 Bond Information

Original Par Amount =

$25,720,000

Annual Principal Payments Due =

May 1st

Interest Rate =

4.4% - 5.9%

Annual Interest Payments Due =

May 1st & November 1st

Issue Date =

May 2025

Maturity Date =

May 2056

Par Amount As Of 6/1/26 =

$25,720,000

V

REVENUES

FISCAL YEAR 2024/2025 ACTUAL

FISCAL YEAR 2025/2026 BUDGET

FISCAL YEAR 2026/2027 BUDGET

COMMENTS

Interest Income

32,932

1,000

2,500

Projected Interest For 2026/2027

NAV Tax Collection

0

0

1,806,058

Estimated Maximum Debt Service Collection

Bond Proceeds

2,969,813

0

0

Capital Interest Funding

0

1,339,180

0

Capitalized Interest Set-Up Through Nov 2026

Total Revenues

$	3,002,745

$	1,340,180

$	1,808,558

EXPENDITURES

Principal Payments

0

0

360,000

Principal Payment Due In 2027

Interest Payments

0

1,340,180

1,445,288

Interest Payment Due In 2027

Bond Redemption

0

-

3,270

Estimated Excess Debt Collections

Total Expenditures

$	-

$	1,340,180

$	1,808,558

Excess/ (Shortfall)

$	3,002,745

$	-

$	-

Newfield Community Development District - Assessment Comparison

Fiscal Year 2023/2024
Assessment
  Before Discount* 

Fiscal Year 2024/2025
Assessment
  Before Discount* 

Fiscal Year 2025/2026
Assessment
  Before Discount* 

Fiscal Year 2026/2027
Projected Assessment
	Before Discount*	

O&M For Townhomes
Debt For Townhomes

$
$

-
-

$
$

-
-

$
$

-
-

$
$

1,193.83
1,250.00

Total For Townhomes

$

-

$

-

$

-

$

2,443.83

O&M For Duplex
Debt For Duplex

$
$

-
-

$
$

-
-

$
$

-
-

$
$

1,193.83
1,500.00

Total For Duplex

$

-

$

-

$

-

$

2,693.83

O&M For SF 35' Units
Debt For SF 35' Units

$
$

-
-

$
$

-
-

$
$

-
-

$
$

1,193.83
1,750.00

Total For SF 35' Units

$

-

$

-

$

-

$

2,943.83

O&M For SF 40' Units
Debt For SF 40' Units

$
$

-
-

$
$

-
-

$
$

-
-

$
$

1,193.83
1,850.00

Total For SF 40' Units

$

-

$

-

$

-

$

3,043.83

O&M For SF 50' Units
Debt For SF 50' Units

$
$

-
-

$
$

-
-

$
$

-
-

$
$

1,193.83
1,950.00

Total For SF 35' Units

$

-

$

-

$

-

$

3,143.83

O&M For SF 60' Units
Debt For SF 60' Units

$
$

-
-

$
$

-
-

$
$

-
-

$
$

1,193.83
1,990.00

Total For SF 35' Units

$

-

$

-

$

-

$

3,183.83

O&M For Town Center (Res)
Debt For Town Center (Res)

$
$

-
-

$
$

-
-

$
$

-
-

$
$

1,193.83
500.00

Total For Town Center (Res)

$

-

$

-

$

-

$

1,693.83

O&M For SDW Multifamilys
Debt For SDW Multifamillys

$
$

-
-

$
$

-
-

$
$

-
-

$
$

1,193.83
500.00

Total For SDW Multifamilys

$

-

$

-

$

-

$

1,693.83

O&M For Town Center (Comm)
Debt For Town Center (Comm)

$
$

-
-

$
$

-
-

$
$

-
-

$
$

35,814.90
53,000.00

Total For Town Center (Comm)

$

-

$

-

$

-

$

88,814.90

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

VI

Newfield Community Development District - Assessment Comparison

Community Information: Residential Units Townhomes
Duplex Single Family 35'
Single Family 40'
Single Family 50'
Single Family 60' Town Center (Residential)
SD-W Multifamily
Total Residential Units

196
106
82
174
194
136
250
450
1,588

Commercial
Town Center (Commercial)
Assessed At 1.06 Per Unit (Assessed For 30 O&M Units - Total ERU's)

50,000

Town Center (Residential) Town Center - Walk-Up Apt Town Center - Townhome Town Center - Duplex Town Center - Cottage
Total Town Center (Residential) Units

160
53
20
17
250

SD-W Multifamily
SD-W Multifamily - Take 1 SD-W Multifamily - Take 1 SD-W Multifamily - Take 1 SD-W Multifamily - Take 2 SD-W Multifamily - Take 2 SD-W Multifamily - Take 2
Total SD-W Multifamily Units

112
132
32
71
83
20
450

XIV