Pentathlon Community Development District

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

CONTENTS

FINAL BUDGET

DETAILED FINAL BUDGET

DETAILED FINAL DEBT SERVICE FUND BUDGET

ASSESSMENT COMPARISON

FINAL BUDGET
PENTATHLON COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2025/2026
OCTOBER 1, 2025 - SEPTEMBER 30, 2026

REVENUES	
FISCAL YEAR 2025/2026 BUDGET	
ADMINISTRATIVE ASSESSMENTS	73,311	
MAINTENANCE/INFRASTRUCTURE IMPROVEMENT ASSESSMENTS	9,042	
DEBT ASSESSMENTS	210,798	
INTEREST INCOME	1,200	
		
TOTAL REVENUES	$	294,351	
		
EXPENDITURES		
MAINTENANCE/INFRASTRUCTURE IMPROVEMENTS		
IMPROVEMENT CONTINGENCY	7,000	
ENGINEERING/INSPECTIONS	1,500	
TOTAL MAINTENANCE/INFRASTRUCTURE IMPROVEMENTS	$	8,500	
		
ADMINISTRATIVE EXPENDITURES		
SUPERVISOR FEES	6,000	
PAYROLL TAXES (EMPLOYER)	480	
MANAGEMENT	35,652	
SECRETARIAL	3,000	
LEGAL	8,500	
ASSESSMENT ROLL	6,000	
AUDIT FEES	3,600	
INSURANCE	7,400	
LEGAL ADVERTISING	2,700	
MISCELLANEOUS	825	
POSTAGE	200	
OFFICE SUPPLIES	450	
DUES & SUBSCRIPTIONS	175	
TRUSTEE FEES	3,600	
CONTINUING DISCLOSURE FEE	350	
WEBSITE MANAGEMENT	1,500	
		
TOTAL ADMINISTRATIVE EXPENDITURES	$	80,432	
		
TOTAL EXPENDITURES	$	88,932	
		
REVENUES LESS EXPENDITURES	$	205,419	
		
BOND PAYMENTS	(198,150)	
		
BALANCE	$	7,269	
		
COUNTY APPRAISER & TAX COLLECTOR FEE	(5,863)	
DISCOUNTS FOR EARLY PAYMENTS	(11,726)	
		
EXCESS/ (SHORTFALL)	$	(10,320)	
		
CARRYOVER FROM PRIOR YEAR	10,320	
		
NET EXCESS/ (SHORTFALL)	$	-	

DETAILED FINAL BUDGET
PENTATHLON COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2025/2026
OCTOBER 1, 2025 - SEPTEMBER 30, 2026

REVENUES	
FISCAL YEAR 2023/2024 ACTUAL	
FISCAL YEAR 2024/2025 BUDGET	
FISCAL YEAR 2025/2026 BUDGET	

COMMENTS	
ADMINISTRATIVE ASSESSMENTS	70,971	71,267	73,311	Expenditures Less Interest & Carryover/.94	
MAINTENANCE/INFRASTRUCTURE IMPROVEMENT ASSESSMENTS	9,042	9,042	9,042	Expenditures/.94	
DEBT ASSESSMENTS	213,636	212,860	210,798	Bond Payments/.94	
INTEREST INCOME	12,115	720	1,200	Interest Projected At $100 Per Month	
					
TOTAL REVENUES	$	305,764	$	293,889	$	294,351		
					
EXPENDITURES					
MAINTENANCE/INFRASTRUCTURE IMPROVEMENTS					
IMPROVEMENT CONTINGENCY	0	7,000	7,000	Improvement Contingency	
ENGINEERING/INSPECTIONS	1,100	1,500	1,500	No Change From 2024/2025 Budget	
TOTAL MAINTENANCE/INFRASTRUCTURE IMPROVEMENTS	$	1,100	$	8,500	$	8,500		
					
ADMINISTRATIVE EXPENDITURES					
SUPERVISOR FEES	2,400	6,000	6,000	No Change From 2024/2025 Budget	
PAYROLL TAXES (EMPLOYER)	184	480	480	Projected At 8% Of Supervisor Fees	
MANAGEMENT	33,648	34,656	35,652	CPI Adjustment	
SECRETARIAL	3,000	3,000	3,000	No Change From 2024/2025 Budget	
LEGAL	6,020	8,500	8,500	No Change From 2024/2025 Budget	
ASSESSMENT ROLL	6,000	6,000	6,000	No Change From 2024/2025 Budget	
AUDIT FEES	3,400	3,500	3,600	Approved Amount For 2023/2024 Audit	
INSURANCE	6,594	7,100	7,400	Fiscal Year 2024/2025 Expenditure Was $6,858	
LEGAL ADVERTISING	2,701	1,700	2,700	Costs Have Increased Due To Closing Of The Miami Business Review	
MISCELLANEOUS	716	850	825	$25 Decrease From 2024/2025 Budget	
POSTAGE	100	225	200	$25 Decrease From 2024/2025 Budget	
OFFICE SUPPLIES	182	475	450	$25 Decrease From 2024/2025 Budget	
DUES & SUBSCRIPTIONS	175	175	175	No Change From 2024/2025 Budget	
TRUSTEE FEES	3,400	3,600	3,600	No Change From 2024/2025 Budget	
CONTINUING DISCLOSURE FEE	350	350	350	No Change From 2024/2025 Budget	
WEBSITE MANAGEMENT	1,500	1,500	1,500	No Change From 2024/2025 Budget	
					
TOTAL ADMINISTRATIVE EXPENDITURES	$	70,370	$	78,111	$	80,432		
					
TOTAL EXPENDITURES	$	71,470	$	86,611	$	88,932		
					
REVENUES LESS EXPENDITURES	$	234,294	$	207,278	$	205,419		
					
BOND PAYMENTS	(203,593)	(200,088)	(198,150)	2026 P & I Payments Less Earned Interest	
					
BALANCE	$	30,701	$	7,190	$	7,269		
					
COUNTY APPRAISER & TAX COLLECTOR FEE	(2,823)	(5,863)	(5,863)	Two Percent Of Total Assessment Roll	
DISCOUNTS FOR EARLY PAYMENTS	(10,961)	(11,727)	(11,726)	Four Percent Of Total Assessment Roll	
					
EXCESS/ (SHORTFALL)	$	16,917	$	(10,400)	$	(10,320)		
					
CARRYOVER FROM PRIOR YEAR	0	10,400	10,320	Carryover From Prior Year	
					
NET EXCESS/ (SHORTFALL)	$	16,917	$	-	$	-		

DETAILED FINAL DEBT SERVICE FUND BUDGET PENTATHLON COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2025/2026
OCTOBER 1, 2025 - SEPTEMBER 30, 2026

REVENUES	FISCAL YEAR 2023/2024 ACTUAL	FISCAL YEAR 2024/2025 BUDGET	FISCAL YEAR 2025/2026 BUDGET	

COMMENTS	

Interest Income	
14,253	
500	
1,000	
Projected Interest For 2025/2026	

NAV Tax Collection	
203,593	
200,088	
198,850	

2026 P & I Payments Less Earned Interest	

Total Revenues	
$	217,846	
$	200,588	
$	199,850		

EXPENDITURES					

Principal Payments	
125,000	
135,000	
140,000	
Principal Payment Due In 2026	

Interest Payments	
73,449	
65,588	
59,850	
Interest Payments Due In 2026	

Total Expenditures	
$	198,449	
$	200,588	
$	199,850		

Excess/ (Shortfall)	
$	19,397	
$	-	
$	-		

Series 2012 Refunding Bonds Information

Original Par Amount =	$2,780,000	Annual Principal Payments Due =	November 1st	
Interest Rate =	1.25% - 4.5%	Annual Interest Payments Due =	May 1st & November 1st	
Issue Date =	April 2012			
Maturity Date =	November 2033			

Par Amount As Of 1/1/25 =  $1,465,000

Pentathlon Community Development District Assessment Comparison

Fiscal Year	Fiscal Year	Fiscal Year	Fiscal Year	Fiscal Year	
2021/2022	2022/2023	2023/2024	2024/2025	2025/2026	
	Assessment*		  Assessment* 	  Assessment*		  Assessment*		  Projected Assessment* 	

Administrative	
$	134.29	
$	133.80	
$	137.22	
$	138.66	
$	
142.63	
Maintenance/Infrastructure	$	20.70	$	20.70	$	17.60	$	17.60	$	17.60	
Debt	$	415.50	$	415.97	$	415.64	$	414.13	$	410.12	
Total	$	570.49	$	570.47	$	570.46	$	570.39	$	570.35	

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

Community Information:
Total Units	514

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