Pentathlon 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
PENTATHLON COMMUNITY DEVELOPMENT DISTRICT OPERATING FUND
FISCAL YEAR 2024/2025 OCTOBER 1, 2024 - SEPTEMBER 30, 2025

Notes
Reserve Funds Totaling $10,400 used to reduce Fiscal Year 2024/2025 Assessments. Reserve Funds Totaling $10,320 to be used to reduce Fiscal Year 2025/2026 Assessments.

I

$247,535

$5,296

$252,831

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 - 8/31/25

ADMINISTRATIVE ASSESSMENTS

71,267

71,892

71,892

MAINTENANCE ASSESSMENTS

9,042

9,046

9,046

DEBT ASSESSMENTS

212,860

212,863

212,863

INTEREST INCOME

720

7,700

7,625

TOTAL REVENUES

$	293,889

$	301,501

$	301,426

EXPENDITURES

ADMINISTRATIVE EXPENDITURES

SUPERVISOR FEES

6,000

3,400

2,400

PAYROLL TAXES (EMPLOYER)

480

344

264

MANAGEMENT

34,656

34,656

31,768

SECRETARIAL

3,000

3,000

2,750

LEGAL

8,500

7,500

5,495

ASSESSMENT ROLL

6,000

6,000

0

AUDIT FEES

3,500

3,500

3,500

INSURANCE

7,100

6,858

6,858

LEGAL ADVERTISING

1,700

2,000

1,006

MISCELLANEOUS

850

850

753

POSTAGE

225

90

61

OFFICE SUPPLIES

475

200

147

DUES & SUBSCRIPTIONS

175

175

175

TRUSTEE FEES

3,600

3,709

3,709

CONTINUING DISCLOSURE FEE

350

350

0

WEBSITE MANAGEMENT

1,500

1,500

1,374

TOTAL ADMINISTRATIVE EXPENDITURES

$	78,111

$	74,132

$	60,260

MAINTENANCE EXPENDITURES

IMPROVEMENT CONTINGENCY

7,000

3,500

0

ENGINEERING/INSPECTIONS

1,500

1,987

1,987

TOTAL MAINTENANCE EXPENDITURES

$	8,500

$	5,487

$	1,987

TOTAL EXPENDITURES

$	86,611

$	79,619

$	62,247

REVENUES LESS EXPENDITURES

$	207,278

$	221,882

$	239,179

BOND PAYMENTS

(200,088)

(203,007)

(203,007)

BALANCE

$	7,190

$	18,875

$	36,172

COUNTY APPRAISER & TAX COLLECTOR FEE

(5,863)

(2,827)

(2,827)

DISCOUNTS FOR EARLY PAYMENTS

(11,727)

(10,752)

(10,752)

EXCESS/ (SHORTFALL)

$	(10,400)

$	5,296

$	22,593

CARRYOVER FROM PRIOR YEAR

10,400

10,400

0

NET EXCESS/ (SHORTFALL)

$	-

$	15,696

$	22,593

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

Notes
Reserve Fund Balance = $102,059*. Revenue Fund Balance = $256,244.*.
Revenue Fund Balance To Be Used To Make 11/1/2025 Principal & Interest Payment Of $167,794 - Principal Payment Of $135,000 & Interest Payment Of $32,794.
* Approximate Amounts

Series 2012 Refunding Bonds Information

Original Par Amount = Interest Rate =
Issue Date = Maturity Date =
Par Amount As Of 9/30/25 =

$2,780,000 1.25% - 4.5%
April 2012
November 2033
$1,465,000

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

II

$345,739

$12,564

$358,303

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 - 8/31/25

Interest Income

500

11,000

10,213

NAV Tax Collection

200,088

199,817

199,817

Total Revenues

$	200,588

$	210,817

$	210,030

EXPENDITURES

Principal Payments

135,000

130,000

130,000

Interest Payments

65,588

68,253

68,253

Total Expenditures

$	200,588

$	198,253

$	198,253

Excess/ (Shortfall)

$	-

$	12,564

$	11,777