Del Webb Oak Creek 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 (SERIES 2023)

AMENDED FINAL BUDGET
DEL WEBB OAK CREEK COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2024/2025
OCTOBER 1, 2024 - SEPTEMBER 30, 2025

10/3/2025 9:16 AM

$129,877

($87,913)

$41,964

Fund Balance As Of 9/30/2024

Projected FY 2024/2025 Activity

Fund Balance As Of 9/30/2025

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 - 9/29/25

O&M Assessments

205,791

206,049

206,049

Debt Assessments

868,542

868,543

868,543

Interest Income

480

12,300

12,165

Total Revenues

$	1,074,813

$	1,086,892

$	1,086,757

EXPENDITURES

Administrative Expenditures

Supervisor Fees

0

0

0

Management

37,080

37,080

37,080

Legal

26,000

40,000

33,002

Assessment Roll

5,000

5,000

5,000

Audit Fees

4,400

4,400

4,400

Arbitrage Rebate Fee

650

650

650

Insurance

6,000

5,590

5,590

Legal Advertisements

3,500

5,500

4,065

Miscellaneous

1,250

1,000

727

Postage

250

500

491

Office Supplies

1,250

1,050

999

Dues & Subscriptions

175

175

175

Website Management & ADA Compliance

3,000

3,000

3,000

Trustee Fees

4,100

4,246

4,246

Continuing Disclosure Fee

1,000

500

500

Total Administrative Expenditures

93,655

108,691

99,925

Maintenance Expenditures

Engineering/Inspections

6,000

55,000

45,045

Miscellaneous Maintenance

1,000

1,000

0

Preserve Maintenance

75,000

108,000

39,004

Lake Bank Maintenance

20,000

25,000

22,570

Total Maintenance Expenditures

102,000

189,000

106,619

Total Expenditures

$	195,655

$	297,691

$	206,544

REVENUES LESS EXPENDITURES

$	879,158

$	789,201

$	880,213

Bond Payments

(823,737)

(833,902)

(833,902)

BALANCE

$	55,421

$	(44,701)

$	46,311

County Appraiser & Tax Collector Fee

(12,966)

(1,842)

(1,482)

Discounts For Early Payments

(42,455)

(41,370)

(41,370)

EXCESS/ (SHORTFALL)

$	-

$	(87,913)

$	3,459

Carryover From Prior Year

0

0

0

NET EXCESS/ (SHORTFALL)

$	-

$	(87,913)

$	3,459

AMENDED FINAL BUDGET
DEL WEBB OAK CREEK COMMUNITY DEVELOPMENT DISTRICT DEBT SERVICE FUND - SERIES 2023
FISCAL YEAR 2024/2025 OCTOBER 1, 2024 - SEPTEMBER 30, 2025

Notes
Reserve Fund Balance = $411,869*. Revenue Account Balance = $457,614*
Revenue Fund Balance To Be Used To Make 11/1/2025 Interest Payment Of $307,200.
* Approximate Amounts

Series 2023 Bond Information

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

$12,585,000 4.125% - 5.25%
March 2023
May 2053

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

Par Amount As Of 9/30/25 =

$12,390,000

II

10/3/2025 9:16 AM

$777,019

$92,464

$869,483

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 - 9/29/25

Interest Income

500

30,600

30,443

NAV Assessment Collection

823,737

833,902

833,902

Prepaid Bond Collection

0

71,637

71,637

Total Revenues

$	824,237

$	936,139

$	935,982

EXPENDITURES

Principal Payments

200,000

200,000

200,000

Interest Payments

619,550

623,675

623,675

Bond Redemption

4,687

20,000

20,000

Total Expenditures

$	824,237

$	843,675

$	843,675

Excess/ (Shortfall)

$	-

$	92,464

$	92,307