RADIANCE COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2025-2026 ADOPTED BUDGET

	FY 2025
ADOPTED	FY 2026
ADOPTED	VARIANCE
FY25 - FY26	
REVENUES:
LANDOWNER CONTRIBUTION
LOT CLOSINGS (SPRINGING ASSESSMENTS)	
$	179,155
-	
$	255,155
-	
$	76,000
-	
TOTAL REVENUES:	179,155	255,155	76,000	
EXPENDITURES:				
PROFESSIONAL & ADMINISTRATIVE				
SUPERVISORS FEES	2,400	2,400	-	
DISTRICT MANAGEMENT1	20,000	20,000	-	
ADMINISTRATIVE SERVICES1	12,750	12,750	-	
ACCOUNTING SERVICES1	12,750	12,750	-	
ASSESSMENT ADMINISTRATION1	2,500	2,500	-	
DISSEMINATION AGENT	2,000	2,000	-	
LEGAL	25,000	25,000	-	
ENGINEERING	30,000	30,000	-	
POSTAGE	500	500	-	
PRINTING AND BINDING	500	500	-	
LEGAL ADVERTISING	10,000	10,000	-	
ANNUAL SPECIAL DISTRICT FEE	175	175	-	
GENERAL LIABILITY & POL INSURANCE	7,000	7,000	-	
BANK FEES	500	500	-	
WEBSITE HOSTING, ADA, MAINTENANCE	1,580	1,580	-	
CONTINGENCY	1,500	1,500	-	
TOTAL ADMINISTRATIVE	129,155	129,155	-	
PHYSICAL ENVIRONMENT LANDSCAPE MAINTENANCE POND MAINTENANCE LANDSCAPE INSPECTIONS
FIELD CONTINGENCY	
-
-
- 50,000	
50,000
16,000
10,000
50,000	
50,000
16,000
10,000
-	
TOTAL PHYSICAL ENVIORNMENT	50,000	126,000	76,000	
				
TOTAL EXPENDITURES	179,155	255,155	76,000	
				
TOTAL REVENUES OVER/(UNDER) EXPENDITURES	$	-	$	-	$	-	

GENERAL FUND, OPERATIONS & MAINTENANCE (O&M)

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Footnote:
1. Total of $1,000/per month until Bond issuance, thereafter $4,000/month.

RADIANCE CDD	
FISCAL YEAR 2025-2026 ADOPTED BUDGET	
ASSESSMENT ALLOCATION	

OPERATIONS & MAINTENANCE BUDGET	
NET O&M BUDGET	$255,155.00	

UNIT TYPE	UNITS ASSESSED	
	
O&M	

North - 40	
202	
North - 50	223	
South - 40	219	
South - 50	372	
South - 60	184	

ALLOCATION OF O&M ASSESSMENT	

ERU FACTOR	
TOTAL ERU's	% TOTAL ERU's	TOTAL NET
O&M	NET O&M PER LOT(1)	

1.00	
202.0	
16.83%	
$42,951.09	
$212.63	
1.00	223.0	18.58%	$47,416.30	$212.63	
1.00	219.0	18.25%	$46,565.79	$212.63	
1.00	372.0	31.00%	$79,098.05	$212.63	
1.00	184.0	15.33%	$39,123.77	$212.63	

	1200			1200.0	100.00%	$255,155.00

(1)O&M assessments shall immediately attach only to sold lots during Fiscal Year 2025-2026. All unsold lots owned by the developer do not receive the same level of benefit as sold lots and, accordingly, such lots shall not receive an operations and maintenance assessment.