Pentathlon Community Development District

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

CONTENTS

I

FINAL BUDGET

II

DETAILED FINAL BUDGET

III

DETAILED FINAL DEBT SERVICE FUND BUDGET

IV

ASSESSMENT COMPARISON

FINAL BUDGET
PENTATHLON COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2026/2027
OCTOBER 1, 2026 - SEPTEMBER 30, 2027

I

REVENUES

FISCAL YEAR 2026/2027 BUDGET

ADMINISTRATIVE ASSESSMENTS

72,422

MAINTENANCE/INFRASTRUCTURE IMPROVEMENT ASSESSMENTS

9,042

DEBT ASSESSMENTS

211,649

INTEREST INCOME

1,320

TOTAL REVENUES

$	294,433

EXPENDITURES

MAINTENANCE/INFRASTRUCTURE IMPROVEMENTS

IMPROVEMENT CONTINGENCY

6,500

ENGINEERING/INSPECTIONS

2,000

TOTAL MAINTENANCE/INFRASTRUCTURE IMPROVEMENTS

$	8,500

ADMINISTRATIVE EXPENDITURES

SUPERVISOR FEES

6,000

PAYROLL TAXES (EMPLOYER)

480

MANAGEMENT

36,612

SECRETARIAL

3,000

LEGAL

8,500

ASSESSMENT ROLL

6,000

AUDIT FEES

3,700

INSURANCE

7,900

LEGAL ADVERTISING

2,400

MISCELLANEOUS

875

POSTAGE

200

OFFICE SUPPLIES

425

DUES & SUBSCRIPTIONS

175

TRUSTEE FEES

3,600

CONTINUING DISCLOSURE FEE

350

WEBSITE MANAGEMENT

1,500

TOTAL ADMINISTRATIVE EXPENDITURES

$	81,717

TOTAL EXPENDITURES

$	90,217

REVENUES LESS EXPENDITURES

$	204,216

BOND PAYMENTS

(198,950)

BALANCE

$	5,266

COUNTY APPRAISER & TAX COLLECTOR FEE

(5,862)

DISCOUNTS FOR EARLY PAYMENTS

(11,724)

EXCESS/ (SHORTFALL)

$	(12,320)

CARRYOVER FROM PRIOR YEAR

12,320

NET EXCESS/ (SHORTFALL)

$	-

DETAILED FINAL BUDGET
PENTATHLON 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

ADMINISTRATIVE ASSESSMENTS

71,892

73,311

72,422

Expenditures Less Interest & Carryover/.94

MAINTENANCE/INFRASTRUCTURE IMPROVEMENT ASSESSMENTS

9,046

9,042

9,042

Expenditures/.94

DEBT ASSESSMENTS

212,863

210,798

211,649

Bond Payments/.94

INTEREST INCOME

9,725

1,200

1,320

Interest Projected At $110 Per Month

TOTAL REVENUES

$	303,526

$	294,351

$	294,433

EXPENDITURES

MAINTENANCE/INFRASTRUCTURE IMPROVEMENTS

IMPROVEMENT CONTINGENCY

0

7,000

6,500

$500 Decrease From 2025/2026 Budget

ENGINEERING/INSPECTIONS

1,987

1,500

2,000

$500 Increase From 2025/2026 Budget

TOTAL MAINTENANCE/INFRASTRUCTURE IMPROVEMENTS

$	1,987

$	8,500

$	8,500

ADMINISTRATIVE EXPENDITURES

SUPERVISOR FEES

3,200

6,000

6,000

No Change From 2025/2026 Budget

PAYROLL TAXES (EMPLOYER)

326

480

480

Projected At 8% Of Supervisor Fees

MANAGEMENT

34,656

35,652

36,612

CPI Adjustment

SECRETARIAL

3,000

3,000

3,000

No Change From 2025/2026 Budget

LEGAL

6,490

8,500

8,500

No Change From 2025/2026 Budget

ASSESSMENT ROLL

6,000

6,000

6,000

No Change From 2025/2026 Budget

AUDIT FEES

3,500

3,600

3,700

Approved Amount For 2025/2026 Audit

INSURANCE

6,858

7,400

7,900

Fiscal Year 2025/2026 Expenditure Was $7,269

LEGAL ADVERTISING

1,006

2,700

2,400

$300 Decrease From 2025/2026 Budget

MISCELLANEOUS

857

825

875

$50 Increase From 2025/2026 Budget

POSTAGE

68

200

200

No Change From 2025/2026 Budget

OFFICE SUPPLIES

150

450

425

$25 Decrease From 2025/2026 Budget

DUES & SUBSCRIPTIONS

175

175

175

No Change From 2025/2026 Budget

TRUSTEE FEES

3,709

3,600

3,600

No Change From 2025/2026 Budget

CONTINUING DISCLOSURE FEE

350

350

350

No Change From 2025/2026 Budget

WEBSITE MANAGEMENT

1,500

1,500

1,500

No Change From 2025/2026 Budget

TOTAL ADMINISTRATIVE EXPENDITURES

$	71,845

$	80,432

$	81,717

TOTAL EXPENDITURES

$	73,832

$	88,932

$	90,217

REVENUES LESS EXPENDITURES

$	229,694

$	205,419

$	204,216

BOND PAYMENTS

(203,007)

(198,150)

(198,950)

2027 P & I Payments Less Earned Interest

BALANCE

$	26,687

$	7,269

$	5,266

COUNTY APPRAISER & TAX COLLECTOR FEE

(2,827)

(5,863)

(5,862)

Two Percent Of Total Assessment Roll

DISCOUNTS FOR EARLY PAYMENTS

(10,752)

(11,726)

(11,724)

Four Percent Of Total Assessment Roll

EXCESS/ (SHORTFALL)

$	13,108

$	(10,320)

$	(12,320)

CARRYOVER FROM PRIOR YEAR

0

10,320

12,320

Carryover From Prior Year

NET EXCESS/ (SHORTFALL)

$	13,108

$	-

$	-

DETAILED FINAL DEBT SERVICE FUND BUDGET PENTATHLON COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2026/2027
OCTOBER 1, 2026 - SEPTEMBER 30, 2027

Series 2012 Refunding Bonds Information

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

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

Annual Principal Payments Due =
Annual Interest Payments Due =

November 1st
May 1st & November 1st

Par Amount As Of 1/1/26

=  $1,330,000

III

REVENUES

FISCAL YEAR

2024/2025

ACTUAL

FISCAL YEAR

2025/2026

BUDGET

FISCAL YEAR

2026/2027

BUDGET

COMMENTS

Interest Income

12,600

1,000

3,500

Projected Interest For 2026/2027

NAV Tax Collection

203,007

198,850

198,950

2027 P & I Payments Less Earned Interest

Total Revenues

$	215,607

$	199,850

$	202,450

EXPENDITURES

Principal Payments

130,000

140,000

150,000

Principal Payment Due In 2027

Interest Payments

68,253

59,850

52,450

Interest Payments Due In 2027

Total Expenditures

$	198,253

$	199,850

$	202,450

Excess/ (Shortfall)

$	17,354

$	-

$	-

Pentathlon Community Development District Assessment Comparison

Fiscal Year 2022/2023
	Assessment*	

Fiscal Year 2023/2024
 Assessment* 

Fiscal Year 2024/2025
  Assessment*	

Fiscal Year 2025/2026
  Assessment*	

Fiscal Year 2026/2027
  Projected Assessment* 

Administrative
Maintenance/Infrastructure Debt

$
$

133.80
20.70

$
$

137.22
17.60

$
$

138.66
17.60

$
$

142.63
17.60

$
$

140.90
17.60

$	415.97

$	415.64

 $	414.13

 $	410.12

 $	411.78

Total

$

570.47

$

570.46

$

570.39

$

570.35

$

570.28

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

Community Information:
Total Units

514

IV