Title: IAD-NE Amended Budget 2025-2026.xlsx
Author: JWalker

Islands At Doral (NE) Community Development District

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

CONTENTS

I

AMENDED FINAL OPERATING FUND BUDGET

II

AMENDED FINAL DEBT SERVICE FUND BUDGET

AMENDED FINAL BUDGET
ISLANDS AT DORAL (NE) COMMUNITY DEVELOPMENT DISTRICT OPERATING FUND
FISCAL YEAR 2025/2026 OCTOBER 1, 2025 - SEPTEMBER 30, 2026

Notes
$33,300 Of Fund Balance To Be Used To Reduce 2026/2027 Assessments.

I

8/21/2026 5:11 PM

$72,095

($9,280)

$62,815

FUND BALANCE AS OF 9/30/25

FY 2025/2026 ACTIVITY

FUND BALANCE AS OF 9/30/26

REVENUES

FISCAL YEAR 2025/2026 BUDGET 10/1/25 - 9/30/26

AMENDED FINAL BUDGET
10/1/25 - 9/30/26

YEAR TO DATE ACTUAL
10/1/25 - 7/31/26

Administrative Assessments

89,705

90,936

90,936

Maintenance Assessments

105,859

106,001

106,001

Debt Assessments

554,723

555,397

555,397

Interest Income

960

5,500

5,108

TOTAL REVENUES

$	751,247

$	757,834

$	757,442

EXPENDITURES

MAINTENANCE EXPENDITURES

Maintenance Contingency

5,000

20,000

14,236

Roadway Maintenance/Reserve

63,508

63,508

0

Stormwater Management/Reserve

22,000

22,000

0

Storm Drainage/Class V Permit

3,500

3,500

0

Field Operations

1,500

1,500

1,250

Engineering/Inspections

4,000

7,000

4,156

TOTAL MAINTENANCE EXPENDITURES

$	99,508

$	117,508

$	19,642

ADMINISTRATIVE EXPENDITURES

Supervisor Fees

5,000

2,400

1,400

Payroll Taxes (Employer)

400

187

107

Management

34,308

34,308

28,590

Secretarial

4,200

4,200

3,500

Legal

10,500

15,000

12,270

Assessment Roll

7,500

7,500

0

Audit Fees

3,600

3,600

3,600

Arbitrage Rebate Fee

650

650

650

Insurance

7,300

7,769

7,769

Legal Advertisements

3,500

1,500

533

Miscellaneous

800

800

649

Postage

450

125

83

Office Supplies

450

650

553

Dues & Subscriptions

175

175

175

Trustee Fees

4,100

4,246

4,246

Continuing Disclosure Fee

350

350

0

Website Management

2,000

2,000

1,666

TOTAL ADMINISTRATIVE EXPENDITURES

$	85,283

$	85,460

$	65,791

TOTAL EXPENDITURES

$	184,791

$	202,968

$	85,433

REVENUES LESS EXPENDITURES

$	566,456

$	554,866

$	672,009

Bond Payments

(524,213)

(530,582)

(530,582)

BALANCE

$	42,243

$	24,284

$	141,427

County Appraiser & Tax Collector Fee

(14,081)

(7,252)

(7,252)

Discounts For Early Payments

(28,162)

(26,312)

(26,312)

EXCESS/ (SHORTFALL)

$	-

$	(9,280)

$	107,863

Carryover From Prior Year

0

0

0

NET EXCESS/ (SHORTFALL)

$	-

$	(9,280)

$	107,863

AMENDED FINAL BUDGET
ISLANDS AT DORAL (NE) COMMUNITY DEVELOPMENT DISTRICT DEBT SERVICE FUND
FISCAL YEAR 2025/2026 OCTOBER 1, 2025 - SEPTEMBER 30, 2026

Notes
Reserve Fund Balance = $220,067*. Revenue Fund Balance = $278,058*.
Revenue Fund Balance To Be Used To Make 11/1/2026 Interest Payment Of $29,741 and Extraordinary Principal Payment Of $200,000.
* Approximate Amounts

Series 2014 Bond Refunding Information

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

$5,925,000 3.85%
April 2014 May 2029*

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

Par Amount As Of 9/30/26 =

$1,545,000

*Original Principal Amount Due In May 2029: $2,225,000
*Current Principal Amount Due In May 2029: $880,000

II

8/21/2026 5:11 PM

$496,633

$1,492

$498,125

FUND BALANCE AS OF 9/30/25

FY 2025/2026 ACTIVITY

FUND BALANCE AS OF 9/30/26

REVENUES

FISCAL YEAR 2025/2026 BUDGET
10/1/25 - 9/30/26

AMENDED FINAL BUDGET
10/1/25 - 9/30/26

YEAR TO DATE ACTUAL
10/1/25 - 7/31/26

Interest Income

1,200

10,408

9,008

NAV Tax Collection

524,213

530,582

511,038

Total Revenues

$	525,413

$	540,990

$	520,046

EXPENDITURES

Principal Payments

315,000

315,000

315,000

Interest Payments

71,321

74,498

74,498

Additional Principal Payments

139,092

150,000

150,000

Total Expenditures

$	525,413

$	539,498

$	539,498

Excess/ (Shortfall)

$	-

$	1,492

$	(19,452)