Vista
Community Development District

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

CONTENTS

PROPOSED BUDGET

DETAILED PROPOSED BUDGET

DETAILED PROPOSED DEBT SERVICE FUND BUDGET

ASSESSMENT COMPARISON

PROPOSED BUDGET
VISTA COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2025/2026
OCTOBER 1, 2025 - SEPTEMBER 30, 2026

REVENUES	
FISCAL YEAR 2025/2026 BUDGET	
O & M Assessments	56,173	
Debt Assessments	365,754	
Other Revenues	0	
Interest Income	1,200	
		
TOTAL REVENUES	$	423,127	
		
EXPENDITURES		
Engineering/Inspections	2,500	
Management	23,028	
Legal	8,000	
Assessment Roll	6,000	
Audit Fees	3,900	
Arbitrage Rebate Fee	650	
Insurance	7,300	
Legal Advertisements	1,250	
Miscellaneous	550	
Postage	225	
Office Supplies	350	
Dues & Subscriptions	175	
Trustee Fee	4,025	
Continuing Disclosure Fee	1,000	
Website Management	2,000	
TOTAL EXPENDITURES	$	60,953	
		
REVENUES LESS EXPENDITURES	$	362,174	
		
Bond Payments	(343,809)	
		
BALANCE	$	18,365	
		
County Appraiser & Tax Collector Fee	(8,438)	
Discounts For Early Payments	(16,877)	
		
EXCESS/ (SHORTFALL)	$	(6,950)	
		
Carryover Balance From Prior Year	6,950	
		
NET EXCESS/ (SHORTFALL)	$	-	

DETAILED PROPOSED BUDGET
VISTA COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2025/2026
OCTOBER 1, 2025 - SEPTEMBER 30, 2026

REVENUES	
FISCAL YEAR 2023/2024 ACTUAL	
FISCAL YEAR 2024/2025 BUDGET	
FISCAL YEAR 2025/2026 BUDGET	

COMMENTS	
O & M Assessments	52,062	56,186	56,173	Expenditures Less Interest & Carryover/.94	
Debt Assessments	370,353	365,754	365,754	Bond Payments/.94	
Other Revenues	0	0	0		
Interest Income	7,389	540	1,200	Interest Projected At $100 Per Month	
					
TOTAL REVENUES	$	429,804	$	422,480	$	423,127		
					
EXPENDITURES					
Engineering/Inspections	5,125	2,500	2,500	No Change From 2024/2025 Budget	
Management	21,732	22,380	23,028	CPI Adjustment	
Legal	8,327	8,000	8,000	No Change From 2024/2025 Budget	
Assessment Roll	6,000	6,000	6,000	As Per Contract	
Audit Fees	3,700	3,800	3,900	$100 Increase From 2024/2025 Budget	
Arbitrage Rebate Fee	650	650	650	No Change From 2024/2025 Budget	
Insurance	6,594	7,200	7,300	FY 2024/2025 Expenditure Was $6,858	
Legal Advertisements	604	1,275	1,250	$25 Decrease From 2024/2025 Budget	
Miscellaneous	97	575	550	$25 Decrease From 2024/2025 Budget	
Postage	67	225	225	No Change From 2024/2025 Budget	
Office Supplies	197	350	350	No Change From 2024/2025 Budget	
Dues & Subscriptions	175	175	175	No Change From 2024/2025 Budget	
Trustee Fee	4,023	4,025	4,025	No Change From 2024/2025 Budget	
Continuing Disclosure Fee	1,000	1,000	1,000	No Change From 2024/2025 Budget	
Website Management	2,000	2,000	2,000	No Change From 2024/2025 Budget	
TOTAL EXPENDITURES	$	60,291	$	60,155	$	60,953		
					
REVENUES LESS EXPENDITURES	$	369,513	$	362,325	$	362,174		
					
Bond Payments	(352,467)	(343,809)	(343,809)	2026 P & I Payments Less Earned Interest	
					
BALANCE	$	17,046	$	18,516	$	18,365		
					
County Appraiser & Tax Collector Fee	(2,446)	(8,438)	(8,438)	Two Percent Of Total Assessment Roll	
Discounts For Early Payments	(16,337)	(16,878)	(16,877)	Four Percent Of Total Assessment Roll	
					
EXCESS/ (SHORTFALL)	$	(1,737)	$	(6,800)	$	(6,950)		
					
Carryover Balance From Prior Year	0	6,800	6,950	Carryover Balance From Prior Year	
					
NET EXCESS/ (SHORTFALL)	$	(1,737)	$	-	$	-		

DETAILED PROPOSED DEBT SERVICE BUDGET
VISTA COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2025/2026
OCTOBER 1, 2025 - SEPTEMBER 30, 2026

REVENUES	FISCAL YEAR 2023/2024 ACTUAL	FISCAL YEAR 2024/2025 BUDGET	FISCAL YEAR 2025/2026 BUDGET	

COMMENTS	

Interest Income	
21,306	
500	
1,200	
Projected Interest For 2025/2026	

NAV Tax Collection	
352,467	
343,809	
343,809	
2026 P & I Payments Less Earned Interest	

Total Revenues	
$	373,773	
$	344,309	
$	345,009		

EXPENDITURES					

Principal Payments	
170,000	
175,000	
185,000	
Principal Payment Due In 2026	

Interest Payments	
182,750	
168,909	
159,234	
Interest Payments Due In 2026	

Transfer To Construction Fund	
11,373	
400	
775		

Total Expenditures	
$	364,123	
$	344,309	
$	345,009		

Excess/ (Shortfall)	
$	9,650	
$	-	
$	-		

Series 2006 Bond Information

Original Par Amount =	$5,170,000	Annual Principal Payments Due =	May 1st	
Interest Rate =	5.375%	Annual Interest Payments Due =	May 1st & November 1st	
Issue Date =	November 2006			
Maturity Date =

Par Amount As Of 1/1/25 =	May 2037

$3,230,000			

Vista Community Development District Assessment Comparison

Fiscal Year	Fiscal Year	Fiscal Year	Fiscal Year	Fiscal Year	
2021/2022	2022/2023	2023/2024	2024/2025	2025/2026	
  Assessment* 	  Assessment* 	  Assessment* 	  Assessment* 	 Projected Assessment* 	

O & M

$	110.14	$

106.05	$

103.77	$

112.83	$

112.80

Debt

 $	737.30

 $	741.32

 $	743.58

 $	734.45

 $	734.45

Total

$	847.44	$

847.37	$

847.35	$

847.28	$

847.25

* Assessments Include the Following : 4% Discount for Early Payments
1% County Tax Collector Fee
1% County Property Appraiser Fee

Community Information:
Total Units	498