Winding Cypress Community Development District

Amended Final Budget For Fiscal Year 2024/2025
October 1, 2024 - September 30, 2025

CONTENTS

I

AMENDED FINAL OPERATING FUND BUDGET

II

AMENDED FINAL DEBT SERVICE FUND BUDGET - SERIES 2015

III

AMENDED FINAL DEBT SERVICE FUND BUDGET - SERIES 2019

AMENDED FINAL BUDGET
WINDING CYPRESS COMMUNITY DEVELOPMENT DISTRICT OPERATING FUND
FISCAL YEAR 2024/2025 OCTOBER 1, 2024 - SEPTEMBER 30, 2025

Notes
Lake Remediation Reserve To Be Adjusted On 10/1/25.
Preserve Areas Funds Totaling $748,196 Are Designated For A Long Term Management Fund For The Preserve Areas.

I

10/25/2025 3:59 PM

$1,223,241

$36,141

$834,931

$345,000

$79,451

FUND BALANCE AS OF 9/30/24

FY 2024/2025 ACTIVITY

LESS PRESERVE AREAS ACCOUNT AS OF 9/30/25

LAKE REMEDIATION RESERVE FUNDS AS OF 9/30/25

OPERATING FUND BALANCE AS OF 9/30/25

REVENUES

FISCAL YEAR 2024/2025 BUDGET 10/1/24 - 9/30/25

AMENDED FINAL BUDGET
10/1/24 - 9/30/25

YEAR TO DATE ACTUAL
10/1/24 - 9/29/25

O & M Assessments

608,951

610,731

610,731

Debt Assessments (2015)

526,216

526,549

526,549

Debt Assessments (2019)

310,259

310,260

310,260

Interest Income - Operating

12,000

26,600

26,518

Interest Income - Preserve Areas

0

24,900

24,841

TOTAL REVENUES

$	1,457,426

$	1,499,040

$	1,498,899

EXPENDITURES

Administrative Expenditures

Supervisor Fees

12,000

2,000

2,000

Payroll Taxes - Employer

960

153

153

Management

51,492

51,492

51,492

Legal

25,500

26,000

23,178

Assessment Roll

5,000

5,000

5,000

Audit Fees

4,300

3,900

3,900

Arbitrage Rebate Fee

650

650

650

Insurance

7,255

6,858

6,858

Legal Advertisements

5,500

4,600

3,570

Miscellaneous

733

2,100

1,991

Postage

600

1,075

1,041

Office Supplies

850

850

736

Dues & Subscriptions

175

175

175

Trustee Fee

8,300

8,278

8,278

Continuing Disclosure Fee

1,000

700

700

TOTAL ADMINISTRATIVE EXPENDITURES

124,315

113,831

109,722

Maintenance Expenditures

Engineering/Inspections

25,000

77,216

77,216

Preserve Maintenance

79,700

75,100

75,100

Lake Bank Maintenance

75,000

10,000

0

Lake Remediation

315,265

315,265

294,202

TOTAL MAINTENANCE EXPENDITURES

494,965

477,581

446,518

TOTAL EXPENDITURES

$	619,280

$	591,412

$	556,240

REVENUES LESS EXPENDITURES

$	838,146

$	907,628

$	942,659

Bond Payments (2015)

(486,750)

(496,575)

(496,575)

Bond Payments (2019)

(286,990)

(292,599)

(292,599)

BALANCE

$	64,406

$	118,454

$	153,485

County Appraiser & Tax Collector Fee

(49,867)

(27,836)

(27,836)

Discounts For Early Payments

(58,539)

(54,477)

(54,477)

EXCESS/ (SHORTFALL)

$	(44,000)

$	36,141

$	71,172

Carryover From Prior Year

44,000

44,000

0

NET EXCESS/ (SHORTFALL)

$	-

$	80,141

$	71,172

AMENDED FINAL BUDGET
WINDING CYPRESS COMMUNITY DEVELOPMENT DISTRICT DEBT SERVICE FUND - SERIES 2015
FISCAL YEAR 2024/2025 OCTOBER 1, 2024 - SEPTEMBER 30, 2025

Notes
Reserve Fund Balance = $278,734*. Revenue Fund Balance = $490,817*. Revenue Fund Balance To Be Used To Make 11/1/2025 Principal &
Interest Payment Of $329,703 (Principal = $175,000 & Interest = $154,703).
* Approximate Amounts

Series 2015 Bond Information

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

$7,535,000 4.00% - 5.00%
December 2015
November 2045

Annual Principal Payments Due: November 1st
Annual Interest Payments Due:
May 1st & November 1st

Par Amount As Of 9/30/25 =

$6,210,000

II

$719,504

$50,047

$769,551

FUND BALANCE AS OF 9/30/24

FY 2024/2025 ACTIVITY

FUND BALANCE AS OF 9/30/25

REVENUES

FISCAL YEAR 2024/2025 BUDGET
10/1/24 - 9/30/25

AMENDED FINAL BUDGET
10/1/24 - 9/30/25

YEAR TO DATE ACTUAL
10/1/24 - 9/29/25

Interest Income

500

31,488

31,488

NAV Tax Collection

486,750

496,575

496,575

Total Revenues

$	487,250

$	528,063

$	528,063

EXPENDITURES

Principal Payments

175,000

165,000

165,000

Interest Payments

309,410

313,016

313,016

Bond Redemption

2,840

0

0

Total Expenditures

$	487,250

$	478,016

$	478,016

Excess/ (Shortfall)

$	-

$	50,047

$	50,047

AMENDED FINAL BUDGET
WINDING CYPRESS COMMUNITY DEVELOPMENT DISTRICT DEBT SERVICE FUND - SERIES 2019
FISCAL YEAR 2024/2025 OCTOBER 1, 2024 - SEPTEMBER 30, 2025

Notes
Reserve Fund Balance = $144,766*. Revenue Fund Balance = $275,223*. Revenue Fund Balance To Be Used To Make 11/1/2025 Principal & Interest Payment Of $188,103 (Principal = $90,000 & Interest = $98,103).
* Approximate Amounts

Series 2019 Bond Information

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

$4,470,000 3.75% - 5.00%
February 2019
November 2049

Annual Principal Payments Due: November 1st
Annual Interest Payments Due:
May 1st & November 1st

Par Amount As Of 9/30/25 =

$4,030,000

III

$415,558

$4,441

$419,999

FUND BALANCE AS OF 9/30/24

FY 2024/2025 ACTIVITY

FUND BALANCE AS OF 9/30/25

REVENUES

FISCAL YEAR 2024/2025 BUDGET 10/1/24 - 9/30/25

AMENDED FINAL BUDGET
10/1/24 - 9/30/25

YEAR TO DATE ACTUAL
10/1/24 - 9/29/25

Interest Income

400

17,741

17,741

Prepaid Boond Collection

0

18,354

18,354

NAV Assessment Collection

286,990

292,599

292,599

Total Revenues

$	287,390

$	328,694

$	328,694

EXPENDITURES

Principal Payments

90,000

105,000

105,000

Interest Payments

197,156

199,253

199,253

Bond Redemption

234

20,000

20,000

Total Expenditures

$	287,390

$	324,253

$	324,253

Excess/ (Shortfall)

$	-

$	4,441

$	4,441