Vista
Community Development District

Proposed Budget For Fiscal Year 2026/2027
October 1, 2026 - September 30, 2027

CONTENTS

I

PROPOSED BUDGET

II

DETAILED PROPOSED BUDGET

III

DETAILED PROPOSED DEBT SERVICE FUND BUDGET

IV

ASSESSMENT COMPARISON

PROPOSED BUDGET
VISTA COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2026/2027
OCTOBER 1, 2026 - SEPTEMBER 30, 2027

I

REVENUES

FISCAL YEAR 2026/2027
BUDGET

O & M Assessments

56,154

Debt Assessments

365,754

Other Revenues

0

Interest Income

1,320

TOTAL REVENUES

$	423,228

EXPENDITURES

Engineering/Inspections

2,500

Management

23,640

Legal

9,000

Assessment Roll

6,000

Audit Fees

3,700

Arbitrage Rebate Fee

650

Insurance

7,800

Legal Advertisements

1,300

Miscellaneous

500

Postage

225

Office Supplies

350

Dues & Subscriptions

175

Trustee Fee

4,025

Continuing Disclosure Fee

1,000

Website Management

2,000

TOTAL EXPENDITURES

$	62,865

REVENUES LESS EXPENDITURES

$	360,363

Bond Payments

(343,809)

BALANCE

$	16,554

County Appraiser & Tax Collector Fee

(8,438)

Discounts For Early Payments

(16,876)

EXCESS/ (SHORTFALL)

$	(8,760)

Carryover Balance From Prior Year

8,760

NET EXCESS/ (SHORTFALL)

$	-

DETAILED PROPOSED BUDGET
VISTA COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2026/2027
OCTOBER 1, 2026 - SEPTEMBER 30, 2027

II

REVENUES

FISCAL YEAR 2024/2025
ACTUAL

FISCAL YEAR 2025/2026
BUDGET

FISCAL YEAR 2026/2027
BUDGET

COMMENTS

O & M Assessments

56,517

56,173

56,154

Expenditures Less Interest & Carryover/.94

Debt Assessments

365,850

365,754

365,754

Bond Payments/.94

Other Revenues

0

0

0

Interest Income

4,864

1,200

1,320

Interest Projected At $110 Per Month

TOTAL REVENUES

$	427,231

$	423,127

$	423,228

EXPENDITURES

Engineering/Inspections

7,750

2,500

2,500

No Change From 2025/2026 Budget

Management

22,380

23,028

23,640

CPI Adjustment

Legal

10,883

8,000

9,000

$1,000 Increase From 2025/2026 Budget

Assessment Roll

6,000

6,000

6,000

As Per Contract

Audit Fees

3,800

3,900

3,700

Accepted Amount Of 2025/2026 Ausit

Arbitrage Rebate Fee

650

650

650

No Change From 2025/2026 Budget

Insurance

6,858

7,300

7,800

FY 2025/2026 Expenditure Was $7,269

Legal Advertisements

1,467

1,250

1,300

$50 Increase From 2025/2026 Budget

Miscellaneous

86

550

500

$50 Decrease From 2025/2026 Budget

Postage

77

225

225

No Change From 2025/2026 Budget

Office Supplies

297

350

350

No Change From 2025/2026 Budget

Dues & Subscriptions

175

175

175

No Change From 2025/2026 Budget

Trustee Fee

4,023

4,025

4,025

No Change From 2025/2026 Budget

Continuing Disclosure Fee

1,000

1,000

1,000

No Change From 2025/2026 Budget

Website Management

2,000

2,000

2,000

No Change From 2025/2026 Budget

TOTAL EXPENDITURES

$	67,446

$	60,953

$	62,865

REVENUES LESS EXPENDITURES

$	359,785

$	362,174

$	360,363

Bond Payments

(348,815)

(343,809)

(343,809)

2027 P & I Payments Less Earned Interest

BALANCE

$	10,970

$	18,365

$	16,554

County Appraiser & Tax Collector Fee

(2,354)

(8,438)

(8,438)

Two Percent Of Total Assessment Roll

Discounts For Early Payments

(15,617)

(16,877)

(16,876)

Four Percent Of Total Assessment Roll

EXCESS/ (SHORTFALL)

$	(7,001)

$	(6,950)

$	(8,760)

Carryover Balance From Prior Year

0

6,950

8,760

Carryover Balance From Prior Year

NET EXCESS/ (SHORTFALL)

$	(7,001)

$	-

$	-

DETAILED PROPOSED DEBT SERVICE BUDGET
VISTA COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2026/2027
OCTOBER 1, 2026 - SEPTEMBER 30, 2027

Series 2006 Bond Information

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

$5,170,000 5.375%
November 2006
May 2037

Annual Principal Payments Due =
Annual Interest Payments Due =

May 1st
May 1st & November 1st

Par Amount As Of 1/1/26 =

$3,055,000

III

REVENUES

FISCAL YEAR 2024/2025 ACTUAL

FISCAL YEAR 2025/2026 BUDGET

FISCAL YEAR 2026/2027 BUDGET

COMMENTS

Interest Income

18,571

1,200

1,400

Projected Interest For 2026/2027

NAV Tax Collection

348,815

343,809

343,809

2027 P & I Payments Less Earned Interest

Total Revenues

$	367,386

$	345,009

$	345,209

EXPENDITURES

Principal Payments

175,000

185,000

195,000

Principal Payment Due In 2027

Interest Payments

173,613

159,234

149,009

Interest Payments Due In 2027

Transfer To Construction Fund

32,709

775

1,200

Total Expenditures

$	381,322

$	345,009

$	345,209

Excess/ (Shortfall)

$	(13,936)

$	-

$	-

Vista Community Development District Assessment Comparison

Fiscal Year

Fiscal Year

Fiscal Year

Fiscal Year

Fiscal Year

2022/2023

2023/2024

2024/2025

2025/2026

2026/2027

  Assessment* 

  Assessment* 

  Assessment* 

  Assessment* 

 Projected Assessment* 

O & M
Debt

$

106.05

$

103.77

$

112.83

$

112.80

$

112.77

 $	741.32

 $	743.58

 $	734.45

 $	734.45

 $	734.45

Total

$

847.37

$

847.35

$

847.28

$

847.25

$

847.22

* Assessments Include the Following :

4% Discount for Early Payments

1% County Tax Collector Fee

1% County Property Appraiser Fee

Community Information:

Total Units

498

IV