Del Webb Oak Creek 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 (SERIES 2023)

IV

DETAILED FINAL DEBT SERVICE FUND BUDGET (SERIES 2025)

V

ASSESSMENT COMPARISON

FINAL BUDGET
DEL WEBB OAK CREEK COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2026/2027
OCTOBER 1, 2026 - SEPTEMBER 30, 2027

I

7/31/2026 7:35 AM

REVENUES

FISCAL YEAR 2026/2027
BUDGET

O&M (Operation & Maintenance) Assessments

370,935

Debt Assessments (2023)

858,433

Debt Assessments (2025)

698,039

Interest Income

1,560

TOTAL REVENUES

$	1,928,967

EXPENDITURES

Administrative Expenditures

Supervisor Fees

2,400

Payroll Taxes (Employer)

192

Management

39,168

Legal

23,000

Assessment Roll

5,000

Audit Fees

6,600

Arbitrage Rebate Fee

1,300

Insurance

6,600

Legal Advertisements

3,500

Miscellaneous

6,566

Postage

350

Office Supplies

1,000

Dues & Subscriptions

175

Website Management & ADA Compliance

3,000

Trustee Fees

8,600

Dissemination Services

3,500

Continuing Disclosure Fee

1,000

Total Administrative Expenditures

$	111,951

Maintenance Expenditures

Engineering/Inspections

50,000

Miscellaneous Maintenance

30,408

Preserve Maintenance

96,000

Lake Bank Maintenance

60,000

Pipe Inspection/Repairs

5,000

Total Maintenance Expenditures

$	241,408

Total O&M Expenditures

$	353,359

REVENUES LESS EXPENDITURES

$	1,575,608

Bond Payments - Series 2023

(814,150)

Bond Payments - Series 2025

(662,030)

BALANCE

$	99,428

County Appraiser & Tax Collector Fee

(23,262)

Discounts For Early Payments

(76,166)

EXCESS/ (SHORTFALL)

$	-

Carryover From Prior Year

0

NET EXCESS/ (SHORTFALL)

$	-

DETAILED FINAL BUDGET
DEL WEBB OAK CREEK COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2026/2027
OCTOBER 1, 2026 - SEPTEMBER 30, 2027

II

7/31/2026 7:35 AM

REVENUES

FISCAL YEAR 2024/2025
ACTUAL

FISCAL YEAR 2025/2026
BUDGET

FISCAL YEAR 2026/2027
BUDGET

COMMENTS

O&M (Operation & Maintenance) Assessments

208,453

370,951

370,935

Expenditures Less Interest & Carryover/.9484

Debt Assessments (2023)

868,543

861,874

858,433

Bond Payments/.9484

Debt Assessments (2025)

0

0

698,039

Bond Payments/.9484

Interest Income

12,883

1,440

1,560

Interest Projected At $130 Per Month

TOTAL REVENUES

$  1,089,879

$	1,234,265

$	1,928,967

EXPENDITURES

Administrative Expenditures

Supervisor Fees

0

0

2,400

Supervisor Fees

Payroll Taxes (Employer)

0

0

192

Projected At 8% Of Supervisor Fees

Management

37,080

38,148

39,168

CPI Adjustment

Legal

36,525

26,000

23,000

Higher Fees In 24/25 Due To Boundary Amendment

Assessment Roll

5,000

5,000

5,000

As Per Contract

Audit Fees

4,400

6,500

6,600

$100 Increase From 2024/2025 Budget

Arbitrage Rebate Fee

650

1,300

1,300

No Change From 2025/2026 Budget

Insurance

5,590

7,000

6,600

FY 25/26 Expenditure Was $5,925

Legal Advertisements

8,570

3,500

3,500

No Change From 2025/2026 Budget

Miscellaneous

727

6,232

6,566

Administrative Contingency

Postage

491

300

350

$50 Increase From 2025/2026 Budget

Office Supplies

999

1,000

1,000

No Change From 2025/2026 Budget

Dues & Subscriptions

175

175

175

Annual Fee Due Department Of Economic Opportunity

Website Management & ADA Compliance

3,000

3,000

3,000

$250 X 12 Months

Trustee Fees

4,246

8,600

8,600

No Change From 2025/2026 Budget

Dissemination Services

0

3,500

3,500

Required By Bond Underwriter

Continuing Disclosure Fee

500

2,000

1,000

$1,000 Decrease From 2025/2026 Budget

Total Administrative Expenditures

$	107,953

$	112,255

$	111,951

Maintenance Expenditures

Engineering/Inspections

45,044

50,000

50,000

No Change From 2025/2026 Budget

Miscellaneous Maintenance

0

51,000

30,408

Maintenance Contingency

Preserve Maintenance

106,958

75,000

96,000

$21,000 Increase From 2025/2026 Budget

Lake Bank Maintenance

22,570

60,000

60,000

No Change From 2025/2026 Budget

Pipe Inspection/Repairs

0

5,000

5,000

No Change From 2025/2026 Budget

Total Maintenance Expenditures

$	174,572

$	241,000

$	241,408

Total O&M Expenditures

$	282,525

$	353,255

$	353,359

REVENUES LESS EXPENDITURES

$	807,354

$	881,010

$	1,575,608

Bond Payments - Series 2023

(833,902)

(817,413)

(814,150)

2027 Principal & Interest Payments

Bond Payments - Series 2025

0

0

(662,030)

2027 Principal & Interest Payments

BALANCE

$	(26,548)

$	63,597

$	99,428

County Appraiser & Tax Collector Fee

(1,268)

(14,879)

(23,262)

One Percent Of Total Assessment Roll + Per Parcel Collection Fee

Discounts For Early Payments

(41,370)

(48,718)

(76,166)

Four Percent Of Total Assessment Roll

EXCESS/ (SHORTFALL)

$	(69,186)

$	-

$	-

Carryover From Prior Year

0

0

0

Carryover From Prior Year

NET EXCESS/ (SHORTFALL)

$	(69,186)

$	-

$	-

DETAILED FINAL DEBT SERVICE FUND BUDGET (SERIES 2023)
DEL WEBB OAK CREEK COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2026/2027
OCTOBER 1, 2026 - SEPTEMBER 30, 2027

Series 2023 Bond Information

Original Par Amount =

$12,585,000

Annual Principal Payments Due =

May 1st

Interest Rate =

4.125% - 5.25%

Annual Interest Payments Due =

May 1st & November 1st

Issue Date =

March 2023

Maturity Date =

May 2053

Par Amount As Of 1/1/26 =

$12,075,000

III

7/31/2026 7:35 AM

REVENUES

FISCAL YEAR 2024/2025 ACTUAL

FISCAL YEAR 2025/2026 BUDGET

FISCAL YEAR 2026/2027 BUDGET

COMMENTS

Interest Income

33,514

1,000

2,000

Projected Interest For 2026/2027

NAV Tax Collection

833,901

817,413

814,150

Maximum Debt Service Collection

Prepaid Bond Collection

71,637

0

0

Total Revenues

$	939,052

$	818,413

$	816,150

EXPENDITURES

Principal Payments

200,000

210,000

220,000

Principal Payment Due In 2027

Interest Payments

623,675

607,129

596,469

Interest Payment Due In 2027

Bond Redemption

20000

1,284

(319)

Estimated Excess Debt Collections

Total Expenditures

$	843,675

$	818,413

$	816,150

Excess/ (Shortfall)

$	95,377

$	-

$	-

DETAILED FINAL DEBT SERVICE FUND BUDGET (SERIES 2025)
DEL WEBB OAK CREEK COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2026/2027
OCTOBER 1, 2026 - SEPTEMBER 30, 2027

Series 2025 Bond Information

Original Par Amount =

$9,660,000

Annual Principal Payments Due =

May 1st

Interest Rate =

3.75% - 5.625%

Annual Interest Payments Due =

May 1st & November 1st

Issue Date =

October 2025

Maturity Date =

May 2055

Par Amount As Of 1/1/26 =

$9,660,000

IV

7/31/2026 7:35 AM

REVENUES

FISCAL YEAR 2024/2025 ACTUAL

FISCAL YEAR 2025/2026 BUDGET

FISCAL YEAR 2026/2027 BUDGET

COMMENTS

Interest Income

0

0

1,000

Projected Interest For 2026/2027

NAV Tax Collection

0

0

662,030

Maximum Debt Service Collection

Debt - Direct Bill/Capitalized Interest Funding

0

660,580

0

Total Revenues

$	-

$	660,580

$	663,030

EXPENDITURES

Principal Payments

0

120,000

145,000

Estimated Principal Payment Due In 2027

Interest Payments

0

540,580

512,513

Estimated Interest Payment Due In 2027

Bond Redemption

0

0

5,517

Estimated Excess Debt Collections

Total Expenditures

$	-

$	660,580

$	663,030

Excess/ (Shortfall)

$	-

$	-

$	-

DEL WEBB OAK CREEK COMMUNITY DEVELOPMENT DISTRICT ASSESSMENT COMPARISON

Fiscal Year 2024/2025
	Assessment*	

Fiscal Year 2025/2026
	Assessment*	

Fiscal Year 2026/2027
  Projected Assessment* 

O & M For 40' Garden Unit Debt (2023) For 40' Garden Unit
Total For 40' Garden Unit (2023 Bond)

$

394.24

$

394.22

$
$

394.20
1,562.50

 $	1,562.50

$	1,562.50

$

1,956.74

$

1,956.72

$

1,956.70

O & M For 50' Classic Unit Debt (2023) For 50' Classic Unit
Total For 50' Classic Unit (2023 Bond)

$

394.24

$

394.22

$
$

394.20
1,666.67

 $	1,666.67

$	1,666.67

$

2,060.91

$

2,060.89

$

2,060.87

O & M For 65' Estate Unit Debt (2023) For 65' Estate Unit
Total For 65' Estate Unit (2023 Bond)

$

394.24

$

394.22

$
$

394.20
1,770.83

 $	1,770.83

$	1,770.83

$

2,165.07

$

2,165.05

$

2,165.03

O & M For 40' Scenic Units Debt (2025) For 40' Scenic Units
Total For 40'/45' Units (2025 Bond)

$

-

$

394.22

$
$

394.20
1,563.17

 $	- 

 $	- 

$

-

$

394.22

$

1,957.37

O & M For 50' Distinctive Units Debt (2025) For 50' Distinctive Units
Total For 50' Units (2025 Bond)

$

-

$

394.22

$
$

394.20
1,667.21

 $	- 

 $	- 

$

-

$

394.22

$

2,061.41

O & M For 65' Echelon Units Debt (2025) For 65' Echelon Units
Total For 64' Units (2025 Bond)

$

-

$

394.22

$
$

394.20
1,771.24

 $	- 

 $	- 

$

-

$

394.22

$

2,165.44

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

Community Information (2023 Bond - Phases 1 and 2):
40' Garden Units: 144
50' Classic Units: 248
65' Estate Units: 130

50' Classic Information
Total Units: 248
Less Prepayments: 2 Billed For Debt: 246

	Total Units	 2023 Bond: 522
	2025 Bond: 419	
Total Units: 941

Total:

522 Units

Totals For
	2025 Bond	
40'/45 Scenic Units: 103 50' Distrinctive Units: 218
65' Echelon Units: 98

40' Estate Units Information Total Units: 144
Less Prepayments: 1 Billed For Debt: 143

65' Estate Units Information
Total Units: 130
Less Prepayments: 2
Billed For Debt: 128

Total:

419 Units

V

7/31/2026 7:35 AM

2 new prepayments for 26-27
23 bond 1 65' 1 50'
total of 6 40-1,50-3,65-2