McJunkin at Parkland	
Community Development District	

Proposed Budget	
FY 2026	

Table of Contents

1

2-3

4

5

	General Fund

	Narratives

	Debt Service Fund Series 2018

	Series 2018 Amortization Schedule

6		Assessment Schedule

McJunkin at Parkland	
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	FY 2026	

REVENUES:

Special Assessments - On Roll	$86,451	$81,583	$4,868	$86,451	$86,451	
Interest income	-	-	-	-	500	

TOTAL REVENUES	$86,451	$81,583	$4,868	$86,451	$86,951	

EXPENDITURES:

Administrative						
Engineering	$7,563	$-	$4,412	$4,412	$7,563	
Attorney	20,000	2,802	3,922	6,724	18,183	
Annual Audit	5,000	3,800	-	3,800	5,000	
Assessment Administration	3,010	2,100	-	2,100	2,100	
Assessment Administration - County	-	910	-	910	910	
Arbitrage Rebate	550	550	-	550	550	
Dissemination Agent	2,625	1,094	1,531	2,625	2,625	
Trustee Fees	4,500	4,041	-	4,041	4,500	
Management Fees	30,282	12,618	17,665	30,282	32,402	
Website Maintenance	2,244	935	1,309	2,244	2,244	
Telephone	50	-	29	29	50	
Postage & Delivery	500	44	292	335	500	
Insurance General Liability	7,352	6,477	-	6,477	7,549	
Printing & Binding	500	15	292	307	500	
Legal Advertising	1,500	546	875	1,421	1,500	
Other Current Charges	500	-	292	292	500	
Office Supplies	100	-	58	58	100	
Dues, Licenses & Subscriptions	175	175	-	175	175	

TOTAL ADMINISTRATIVE	$86,451	$36,105	$30,676	$66,781	$86,951	

TOTAL EXPENDITURES	$86,451	$36,105	$30,676	$66,781	$86,951	

EXCESS REVENUES (EXPENDITURES)	$(0)	$45,478	$(25,808)	$19,670	$	-	

McJunkin at Parkland	
Community Development District	
Budget Narrative	

REVENUES

Special Assessments-Tax Roll	
The District will levy a Non-Ad Valorem assessment on all sold and platted parcels within the District in order to pay for the operating expenditures during the Fiscal Year.	
Expenditures - Administrative	

Engineering
The District's engineer will provide general engineering services to the District, i.e. attendance and preparation for monthly board meetings, review of invoices, and other specifically requested assignments.
Attorney
The District’s Attorney, will be providing general legal services to the District, i.e., attendance and preparation for monthly Board meetings, review of contracts, review of agreements and resolutions, and other research assigned as directed by the Board of Supervisors and the District Manager.
Annual Audit
The District is required to conduct an annual audit of its financial records by an Independent Certified Public Accounting Firm. The budgeted amount for the fiscal year is based on contracted fees from the previous year engagement plus anticipated increase.
Assessment Roll Administration
GMS SF, LLC provides assessment services for closing lot sales, assessment roll services with the local Tax Collector and financial advisory services.
Arbitrage Rebate
The District is required to have an annual arbitrage rebate calculation on the District’s Bonds. The District will contract with an independent auditing firm to perform the calculations.
Dissemination Agent
The District is required by the Security and Exchange Commission to comply with Rule 15(c)(2)-12(b)(5), which relates to additional reporting requirements for un-rated bond issues.
Trustee Fees
The District bonds will be held and administered by a Trustee. This represents the trustee annual fee.
Management Fees
The District receives Management, Accounting and Administrative services as part of a Management Agreement with Governmental Management Services-South Florida, LLC. The budgeted amount for the fiscal year is based on the contracted fees outlined in Exhibit "A" of the Management Agreement.
Information Technology
The District processes all of its financial activities, i.e. accounts payable, financial statements, etc. on a main frame computer leased by Governmental Management Services – South Florida, LLC.
Website Maintenance
Per Chapter 2014-22, Laws of Florida, all Districts must have a website to provide detailed information on the CDD as well as links to useful websites regarding Compliance issues. This website will be maintained by GMS-SF, LLC and updated monthly.
Communication - Telephone
New internet and Wi-Fi service for Office.
Postage and Delivery
Actual postage and/or freight used for District mailings including agenda packages, vendor checks and other correspondence.

McJunkin at Parkland	
Community Development District	
Budget Narrative

Expenditures - Administrative (continued)

Insurance General Liability
The District's General Liability & Public Officials Liability Insurance policy is with a qualified entity that specializes in providing
insurance coverage to governmental agencies. The amount is based upon similar Community Development Districts.	
Printing and Binding	
Copies used in the preparation of agenda packages, required mailings, and other special projects.	
Legal Advertising	
The District is required to advertise various notices for monthly Board meetings and other public hearings in a newspaper of general circulation.	
Other Current Charges	
Supplies used in the preparation and binding of agenda packages, required mailings, and other special projects.	
Due, Licenses & Subscriptions	
The District is required to pay an annual fee to the Florida Department of Commerce for $175.	

McJunkin at Parkland
Community Development District
Proposed Budget
Debt Service Series 2018 Special Assessment Bonds

Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Proposed Budget	
Description	FY2025	2/28/25	7 Months	9/30/25	FY 2026	
REVENUES:

Special Assessments-On Roll	$818,977	$793,482	$25,495	$818,977	$818,977	
Interest Earnings	10,000	16,161	22,625	38,785	15,000	
Carry Forward Surplus (1)	684,982	691,597	-	691,597	737,928	

TOTAL REVENUES	$1,513,959	$1,501,240	$48,120	$1,549,359	$1,571,905	
EXPENDITURES:

Interest - 11/1	$295,888	$295,888	$-	$295,888	$290,544	
Principal - 11/1	225,000	225,000	-	225,000	235,000	
Interest - 5/1	290,544	-	290,544	290,544	284,963	

TOTAL EXPENDITURES	$811,431	$520,888	$290,544	$811,431	$810,506	

EXCESS REVENUES (EXPENDITURES)	$702,527	$980,352	$(242,424)	$737,928	$761,399	

Interest Due 11/1/26	$284,962.50	
Principal Due 11/1/26	$245,000.00	
		$529,962.50 	

(1) Carry Forward is Net of Reserve Requirement

McJunkin at Parkland
Community Development District
AMORTIZATION SCHEDULE
Debt Service Series 2018 Special Assessment Bonds

Period	Outstanding Balance	Coupons	Principal	Interest	Annual Debt Service	

11/01/25	11,270,000	4.750%	235,000	290,543.75		
05/01/26	11,035,000	4.750%	-	284,962.50	814,925.00	
11/01/26	11,035,000	4.750%	245,000	284,962.50		
05/01/27	10,790,000	4.750%	-	279,143.75	818,287.50	
11/01/27	10,790,000	4.750%	260,000	279,143.75		
05/01/28	10,530,000	4.750%	-	272,968.75	815,937.50	
11/01/28	10,530,000	4.750%	270,000	272,968.75		
05/01/29	10,260,000	4.750%	-	266,556.25	818,112.50	
11/01/29	10,260,000	4.750%	285,000	266,556.25		
05/01/30	9,975,000	5.125%	-	259,787.50	814,575.00	
11/01/30	9,975,000	5.125%	295,000	259,787.50		
05/01/31	9,680,000	5.125%	-	252,228.13	814,456.25	
11/01/31	9,680,000	5.125%	310,000	252,228.13		
05/01/32	9,370,000	5.125%	-	244,284.38	818,568.75	
11/01/32	9,370,000	5.125%	330,000	244,284.38		
05/01/33	9,040,000	5.125%	-	235,828.13	816,656.25	
11/01/33	9,040,000	5.125%	345,000	235,828.13		
05/01/34	8,695,000	5.125%	-	226,987.50	818,975.00	
11/01/35	8,695,000	5.125%	365,000	226,987.50		
05/01/35	8,330,000	5.125%	-	217,634.38	815,268.75	
11/01/35	8,330,000	5.125%	380,000	217,634.38		
05/01/36	7,950,000	5.125%	-	207,896.88	815,793.75	
11/01/36	7,950,000	5.125%	400,000	207,896.88		
05/01/37	7,550,000	5.125%	-	197,646.88	815,293.75	
11/01/37	7,550,000	5.125%	420,000	197,646.88		
05/01/38	7,130,000	5.125%	-	186,884.38	818,768.75	
11/01/38	7,130,000	5.125%	445,000	186,884.38		
05/01/39	6,685,000	5.250%	-	175,481.25	815,962.50	
11/01/39	6,685,000	5.250%	465,000	175,481.25		
05/01/40	6,220,000	5.250%	-	163,275.00	816,550.00	
11/01/40	6,220,000	5.250%	490,000	163,275.00		
05/01/41	5,730,000	5.250%	-	150,412.50	815,825.00	
11/01/41	5,730,000	5.250%	515,000	150,412.50		
05/01/42	5,215,000	5.250%	-	136,893.75	813,787.50	
11/01/42	5,215,000	5.250%	540,000	136,893.75		
05/01/43	4,675,000	5.250%	-	122,718.75	815,437.50	
11/01/43	4,675,000	5.250%	570,000	122,718.75		
05/01/44	4,105,000	5.250%	-	107,756.25	815,512.50	
11/01/44	4,105,000	5.250%	600,000	107,756.25		
05/01/45	3,505,000	5.250%	-	92,006.25	814,012.50	
11/01/45	3,505,000	5.250%	630,000	92,006.25		
05/01/46	2,875,000	5.250%	-	75,468.75	815,937.50	
11/01/46	2,875,000	5.250%	665,000	75,468.75		
05/01/47	2,210,000	5.250%	-	58,012.50	816,025.00	
11/01/47	2,210,000	5.250%	700,000	58,012.50		
05/01/48	1,510,000	5.250%	-	39,637.50	814,275.00	
11/01/48	1,510,000	5.250%	735,000	39,637.50		
05/01/49	775,000	5.250%	-	20,343.75	815,687.50	
11/01/49	775,000	5.250%	775,000	20,343.75		
Total			$11,270,000	$8,840,175	$19,584,631	

McJunkin at Parkland
Community Development District
Non-Ad Valorem Assessments Comparison 2025-2026

Neighborhood	O&M Units	Bonds Units
2018	
Annual Maintenance Assessments	
Annual Debt Assessments	
Total Assessed Per Unit	
	
FY 2026	
FY2025	Increase/ (decrease)	
FY 2026	
FY2025	Increase/ (decrease)	
FY 2026	
FY2025	Increase/ (decrease)	

Single Family	
455	
455	
$202.13	
$202.13	
$0.00	
$1,914.84	
$1,914.84	
$0.00	
$2,116.97	
$2,116.97	
$0.00	
Total	455	455										

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