Cypress Ridge
Community Development District

Adopted Budget
FY2027

Table of Contents

1-2

3-6

7

8-9

	General Fund

	General Fund Narrative

	Debt Service Series 2023

	Amortization Schedule- Debt Service Series 2023

Description	Adopted Budget FY2026	Actuals Thru 5/31/26	Projected Next
4 Months	Projected Thru 9/30/26	Adopted Budget FY2027	

Revenues						

Assessments- Tax Roll	
$	422,352	
$	423,308	
$	-	
$	423,308	
$	433,575	
Assessments- Direct	73,731	55,297	18,434	73,731	78,964	
Developer Contributions	-	-	-	-	161,344	
Total Revenues	$	496,083	$	478,604	$	18,434	$	497,039	$	673,883	

Expenditures						
General & Administrative
Supervisor Fees	
$	6,000	
$	3,400	
$	2,720	
$	6,120	
$	6,000	
FICA Expense	459	260	208	468	459	
Engineering	10,000	-	5,000	5,000	10,000	
Attorney	15,000	11,312	9,050	20,362	20,000	
Annual Audit	3,300	3,800	3,300	7,100	3,400	
Assessment Administration	5,000	5,000	-	5,000	5,000	
Arbitrage	900	-	900	900	900	
Dissemination	5,250	3,500	2,800	6,300	5,250	
Amortization Schedules	600	1,500	500	2,000	600	
Disclosure Software	1,500	1,500	-	1,500	1,500	
Trustee Fees	8,020	-	8,020	8,020	8,020	
Management Fees	40,124	26,749	13,374	40,124	42,130	
Information Technology	1,947	1,298	1,038	2,336	2,453	
Website Maintenance	1,298	865	692	1,558	1,636	
Postage & Delivery	600	729	583	1,312	600	
Insurance	6,686	6,163	-	6,163	6,779	
Copies	850	-	250	250	850	
Legal Advertising	2,500	2,327	1,861	4,188	2,500	
Contingency	2,500	1,280	1,024	2,304	2,500	
Office Supplies	625	16	13	28	625	
Dues, Licenses & Subscriptions	175	175	-	175	175	
Total Administrative	$	113,333	$	69,874	$	51,334	$	121,208	$	121,377	

Operation and Maintenance
Field Expenses
Field Management	

$	15,000	

$	10,000	

$	5,000	

$	15,000	

$	15,750	
Property Insurance	10,000	6,060	-	6,060	9,006	
Landscape Maintenance	125,500	70,800	56,640	127,440	175,000	
Landscape Replacement & Enhancements	5,000	2,500	2,000	4,500	30,000	
Irrigation Repairs	2,500	7,485	4,500	11,985	15,000	
Lake Maintenance	25,000	11,865	9,492	21,357	30,000	
Electric	5,000	4,735	3,788	8,522	12,000	
Streetlighting	95,000	61,861	49,489	111,349	125,000	
Water Reporting	-	-	1,500	1,500	3,000	
General Field Contingency	10,000	8,612	6,890	15,502	10,000	
Total Field Expenses	$	293,000	$	183,917	$	139,298	$	323,215	$	424,756	

Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Adopted Budget	
Description	FY2026	5/31/26	4 Months	9/30/26	FY2027	

Amenity Expenses
Amenity Management	
$	8,583	
$	5,000	
$	4,000	
$	9,000	
$	12,500	
Amenity - Electric	12,500	6,632	5,306	11,938	12,500	
Amenity- Water	4,167	6,264	2,500	8,764	10,000	
Internet	2,500	444	355	799	2,000	
Pest Control	1,250	-	-	-	1,250	
Janitorial Services	15,417	-	-	-	-	
Pool Maintenance	22,500	8,750	7,000	15,750	-	
Pool and Janitorial Services	-	-	-	-	25,000	
Security Services	-	-	15,000	15,000	32,000	
Amenity Repairs and Maintenance	8,333	-	2,500	2,500	15,000	
Holiday Lighting	-	-	-	-	7,500	
Contingency	14,500	15,060	2,500	17,560	10,000	
Total Amenity Expenses	$	89,750	$	42,150	$	39,161	$	81,311	$	127,750	
						
Total Expenditures	$	496,083	$	295,941	$	229,792	$	525,733	$	673,883	

Other Financing Sources/Uses:
Capital Reserve	

$	-	

$	-	

$	-	

$	-	

$	-	
Total Other Financing Sources/Uses	$	-	$	-	$	-	$	-	$	-	
						
Excess Revenues/(Expenditures)	$	-	$	182,663	$  (211,358)	$	(28,695)	$	(0)	
						
				Net Assessments	$	512,539	
Discounts and Collections (6%)  $		32,715  Gross Assessments  $	545,254 

Development	
Units	Net
Assessments	Net
Per Unit	Gross
Per Unit	
Single Family	369	$	433,575.00	$	1,175.00	$	1,250.00	
Unplatted Lots - Direct	687	$	78,963.74	$	114.94	$	122.28	
Total	1056	$ 512,538.74			

Development	
Units	FY26 Adopted
Gross Per Unit	FY27 Proposed
Gross Per Unit	
Variance	
Single Family	369	$	1,217.64	$	1,250.00	$	32.36	
Unplatted Lots - Direct	687	$	114.17	$	122.28	$	8.10	

Series 2023 Debt Service Fund

Description	Adopted Budget FY2026	Actuals Thru 5/31/26	Projected Next
4 Months	Projected Thru 9/30/26	Adopted Budget FY2027	

Revenues						
Assessments - Direct	$	824,642	$	826,439	$	-	$	826,439	$	409,727	
Assessments- Prepayment	$	-	$  2,295,823	$	150,000	$  2,445,823		
Interest	$	-	$	45,452	$	63,633	$	109,085	$	-	
Carry Forward Surplus	$	450,873	$  1,272,281	$	-	$  1,272,281	$	(0)	
Total Revenues	$ 1,275,514	$ 4,439,995	$	213,633	$ 4,653,628	$	409,727	

Expenditures						
Interest Expense - 11/1	$	335,000	$	335,000	$	-	$	335,000	$	281,072	
Special Call - 11/1	$	-	$  1,360,000	$	430,000	$  1,790,000	$	-	
Principal Expense - 5/1	$	185,000	$	155,000	$	155,000	$	310,000	$	160,000	
Interest Expense - 5/1	$	335,000	$	303,778	$	284,850	$	588,628	$	281,072	
Interest Expense - 2/1	$	-	$	-	$	-	$	-	$	-	
Special Call - 2/1	$	-	$  1,330,000	$	-	$  1,330,000	$	-	
Special Call - 5/1	$	-	$	-	$	300,000	$	300,000	$	-	
Total Expenditures	$	855,000	$	3,483,778	$	1,169,850	$	4,653,628	$	722,144	

Other Financing Sources/(Uses)
Transfer In/(Out)	

$	

-	

$	

-	

$	

-	

$	

-	

$	

-	
Total Other Financing Sources/(Uses)	$	-	$	-	$	-	$	-	$	-	
											
Excess Revenues/(Expenditures)	$	420,514	$	956,217	$	(956,217)	$	(0)	$	(312,416)	

Interest Expense 11/1/27	 $	277,172 
Total	$	277,172

Development	
Units	Net
Assessments	Net
Per Unit	Gross
Per Unit	
Single Family 40'	77	$	159,540.15	$	2,071.95	$	2,204.20	
Single Family 50'	87	$	225,323.91	$	2,589.93	$	2,755.25	
Single Family 60'	8	$	24,863.36	$	3,107.92	$	3,306.30	
Total	172	$ 409,727.42			

Period Ending	Principal Balance		Annual Principal	
Interest Rate	
Interest	Annual Debt	
							
11/01/26	$9,845,000			4.875%	$281,071.88	$281,071.88	
05/01/27	$9,845,000	$	160,000.00	4.875%	$281,071.88		
11/01/27	$9,685,000			4.875%	$277,171.88	$718,243.76	
05/01/28	$9,685,000	$	170,000.00	4.875%	$277,171.88		
11/01/28	$9,515,000			4.875%	$273,028.13	$720,200.01	
05/01/29	$9,515,000	$	180,000.00	4.875%	$273,028.13		
11/01/29	$9,335,000			4.875%	$268,640.63	$721,668.76	
05/01/30	$9,335,000	$	190,000.00	4.875%	$268,640.63		
11/01/30	$9,145,000			5.625%	$264,009.38	$722,650.01	
05/01/31	$9,145,000	$	200,000.00	5.625%	$264,009.38		
11/01/31	$8,945,000			5.625%	$258,384.38	$722,393.76	
05/01/32	$8,945,000	$	210,000.00	5.625%	$258,384.38		
11/01/32	$8,735,000			5.625%	$252,478.13	$720,862.51	
05/01/33	$8,735,000	$	220,000.00	5.625%	$252,478.13		
11/01/33	$8,515,000			5.625%	$246,290.63	$718,768.76	
05/01/34	$8,515,000	$	235,000.00	5.625%	$246,290.63		
11/01/34	$8,280,000			5.625%	$239,681.26	$720,971.89	
05/01/35	$8,280,000	$	250,000.00	5.625%	$239,681.26		
11/01/35	$8,030,000			5.625%	$232,650.01	$722,331.27	
05/01/36	$8,030,000	$	260,000.00	5.625%	$232,650.01		
11/01/36	$7,770,000			5.625%	$225,337.51	$717,987.52	
05/01/37	$7,770,000	$	280,000.00	5.625%	$225,337.51		
11/01/37	$7,490,000			5.625%	$217,462.51	$722,800.02	
05/01/38	$7,490,000	$	295,000.00	5.625%	$217,462.51		
11/01/38	$7,195,000			5.625%	$209,165.63	$721,628.14	
05/01/39	$7,195,000	$	310,000.00	5.625%	$209,165.63		
11/01/39	$6,885,000			5.625%	$200,446.88	$719,612.51	
05/01/40	$6,885,000	$	330,000.00	5.625%	$200,446.88		
11/01/40	$6,555,000			5.625%	$191,165.63	$721,612.51	
05/01/41	$6,555,000	$	350,000.00	5.625%	$191,165.63		
11/01/41	$6,205,000			5.625%	$181,321.88	$722,487.51	
05/01/42	$6,205,000	$	370,000.00	5.625%	$181,321.88		
11/01/42	$5,835,000			5.625%	$170,915.63	$722,237.51	
05/01/43	$5,835,000	$	390,000.00	5.625%	$170,915.63		
11/01/43	$5,445,000			5.625%	$159,946.88	$720,862.51	
05/01/44	$5,445,000	$	415,000.00	5.875%	$159,946.88		
11/01/44	$5,030,000			5.875%	$147,756.25	$722,703.13	
05/01/45	$5,030,000	$	435,000.00	5.875%	$147,756.25		

Period Ending	Principal Balance	Annual Principal	
Interest Rate	
Interest	Annual Debt	

11/01/45	
$4,595,000		
5.875%	
$134,978.13	
$717,734.38	
05/01/46	$4,595,000  $	465,000.00	5.875%	$134,978.13		
11/01/46	$4,130,000		5.875%	$121,318.75	$721,296.88	
05/01/47	$4,130,000  $	490,000.00	5.875%	$121,318.75		
11/01/47	$3,640,000		5.875%	$106,925.00	$718,243.75	
05/01/48	$3,640,000  $	520,000.00	5.875%	$106,925.00		
11/01/48	$3,120,000		5.875%	$91,650.00	$718,575.00	
05/01/49	$3,120,000  $	555,000.00	5.875%	$91,650.00		
11/01/49	$2,565,000		5.875%	$75,346.88	$721,996.88	
05/01/50	$2,565,000  $	585,000.00	5.875%	$75,346.88		
11/01/50	$1,980,000		5.875%	$58,162.50	$718,509.38	
05/01/51	$1,980,000  $	620,000.00	5.875%	$58,162.50		
11/01/51	$1,360,000		5.875%	$39,950.00	$718,112.50	
05/01/52	$1,360,000  $	660,000.00	5.875%	$39,950.00		
11/01/52	$700,000		5.875%	$20,562.50	$720,512.50	
05/01/53	$700,000  $	700,000.00	5.875%	$20,562.50		
11/01/53					$720,562.50	
Total	$	9,845,000.00		$9,891,637.74	$19,736,637.74