Weiberg Road
Community Development District

Proposed Budget
FY2026

Table of Contents

1		General Fund

2-4		General Fund Narrative

Weiberg Road
Community Development District Proposed Budget
General Fund

Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Proposed Budget	
Description	FY2025	2/28/25	7 Months	9/30/25	FY2026	

Revenues						
Developer Contributions	$	359,492	$	20,000	$	60,794	$	80,794	$	360,979	
Total Revenues	$	359,492	$	20,000	$	60,794	$	80,794	$	360,979	

Expenditures						
General & Administrative
Supervisor Fees	
$	12,000	
$	-	
$	7,000	
$	7,000	
$	12,000	
FICA Expenditures	$	-	$	-	$	473	$	473	$	810	
Engineering	$	15,000	$	-	$	7,500	$	7,500	$	15,000	
Attorney	$	25,000	$	1,990	$	3,850	$	5,840	$	25,000	
Annual Audit	$	3,700	$	3,700	$	-	$	3,700	$	3,700	
Assessment Administration	$	5,000	$	-	$	-	$	-	$	5,000	
Arbitrage	$	450	$	-	$	-	$	-	$	450	
Dissemination	$	5,000	$	-	$	-	$	-	$	5,000	
Trustee Fees	$	4,042	$	-	$	-	$	-	$	4,500	
Management Fees	$	38,000	$	15,833	$	22,167	$	38,000	$	38,000	
Information Technology	$	1,800	$	750	$	1,050	$	1,800	$	1,800	
Website Maintenance	$	1,200	$	500	$	700	$	1,200	$	1,200	
Postage & Delivery	$	750	$	272	$	700	$	972	$	750	
Insurance	$	6,000	$	5,408	$	-	$	5,408	$	6,219	
Copies	$	1,000	$	34	$	100	$	134	$	1,000	
Legal Advertising	$	15,000	$	1,001	$	7,000	$	8,001	$	15,000	
Other Current Charges	$	4,250	$	204	$	315	$	519	$	4,250	
Office Supplies	$	625	$	3	$	70	$	73	$	625	
Dues, Licenses & Subscriptions	$	175	$	175	$	-	$	175	$	175	
Total General & Administrative:	$	138,992	$	29,870	$	50,924	$	80,794	$	140,479	
Operations & Maintenance
Playground Lease	
$	36,500	
$	-	
$	-	
$	-	
$	36,500	
Security	$	34,000	$	-	$	-	$	-	$	34,000	
Field Contingency	$	150,000	$	-	$	-	$	-	$	150,000	
Total Operations & Maintenance:	$	220,500	$	-	$	-	$	-	$	220,500	
						
Total Expenditures	$	359,492	$	29,870	$	50,924	$	80,794	$	360,979	
						
Excess Revenues/(Expenditures)	$	-	$	(9,870)	$	9,870	$	-	$	-	

Revenues:

Developer Contributions
The District will enter into a funding agreement with the Developer to fund the General Fund expenditures for the Fiscal Year.

Expenditures:

General & Administrative:

Supervisor Fees

Chapter 190, Florida Statutes, allows for each Board member to receive $200 per meeting paid to each Supervisor for the time devoted to District business and meetings.

FICA Expenditures

Represents the Employer’s share of Social Security and Medicare taxes withheld from Board of Supervisor checks.
Engineering

The District's engineer, Dewberry Engineers, Inc., provides general engineering services to the District,
e.g. attendance and preparation for monthly board meetings, review invoices and various projects as directed by the Board of Supervisors and the District Manager.
Attorney

The District's legal counsel, Kilinski|Van Wyk, PLLC, provides general legal services to the District, e.g. attendance and preparation for meetings, preparation and review of agreements, resolutions, etc. as directed by the Board of Supervisors and the District Manager.
Annual Audit

The District is required by Florida Statutes to arrange for an independent audit of its financial records on an annual basis.

Assessment Administration
The District will contract to levy and administer the collection of non-ad valorem assessment on all assessable property within the District.

Arbitrage

The District will contract with an independent certified public accountant to annually calculate the District’s Arbitrage Rebate Liability on an anticipated bond issuance.

Dissemination

The District is required by the Security and Exchange Commission to comply with Rule 15c2-12(b)(5) which relates to additional reporting requirements for unrated bond issues. This cost is based upon an anticipated bond issuance.

Trustee Fees

The District will incur trustee related costs with the issuance of its’ issued bonds.

Management Fees
The District receives Management, Accounting and Administrative services as part of a Management Agreement with Governmental Management Services-Central Florida, LLC. The services include but are not limited to, recording and transcription of board meetings, administrative services, budget preparation, all financial reports, annual audits, etc.

Information Technology
Represents various cost of information technology for the District such as video conferencing, cloud storage and servers, positive pay implementation and programming for fraud protection, accounting software, tablets for meetings, Adobe, Microsoft Office, etc.

Website Maintenance
Represents the costs associated with monitoring and maintaining the District’s website created in accordance with Chapter 189, Florida Statutes. These services include site performance assessments, security and firewall maintenance, updates, document uploads, hosting and domain renewals, website backups, etc.

Postage & Delivery
The District incurs charges for mailing, overnight deliveries, correspondence, etc.

Insurance

The District’s general liability and public official’s liability insurance coverages.
Copies

Printing agenda materials for board meetings, printing of computerized checks, stationary, envelopes, etc.

Legal Advertising
The District is required to advertise various notices for monthly Board meetings, public hearings, etc. in a newspaper of general circulation.

Other Current Charges

Bank charges and any other miscellaneous expenses incurred during the year.

Office Supplies

Any supplies that may need to be purchased during the fiscal year, e.g., paper, minute books, file folders, labels, paper clips, etc.
Dues, Licenses & Subscriptions

The District is required to pay an annual fee to the Florida Department of Commerce for $175. This is the only expense under this category for the District.

Operations & Maintenance:

Playground Lease

Represents the estimated cost of leasing playground equipment.

Security
Represents the estimated cost of monthly security services for the District’s amenity facilities as well as maintaining security system in place.

Field Contingency

Represents funds allocated to expenses that the District could incur throughout the fiscal year for field related items.