Walnut Creek 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 2010)

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

Notes
Available Funds Includes Improvements/Emergency Fund Of $1,348,786.
Reserve Balances As Of 9-30-25 Total $1,603,300 ($1,225,000 as of 9-30-24 - plus 24/25 additions - $378,300).
24/25 Reserve Additions: S-8 Canal: $240,000 - Stormwater/Pipe: $78,300 - Headwall: $50,000 - Lake Slop - $10,000 - Total: $378,300.
9/30/25 Reserve Balances: S-8 Canal: $1,020,000 - Stormwater/Pipe: $333,300 - Headwall: $200,000 - Lake Slope - $50,000 - Total: $1,603,300. Improvement/Emergency Funds May Be Needed To Fund A Portion Of The Projects.
Carryover From Prior Year Of $109,000 used to reduce Fiscal Year 2024/2025 Assessments. Carryover From Prior Year Of $109,020 to be used to reduce Fiscal Year 2025/2026 Assessments.
I

$2,824,655

$1,225,000

$1,599,655

$507,955

$3,332,610

$1,603,300

$1,729,310

GROSS AVAILABLE FUNDS AS OF 9/30/24

RESERVE BALANCE AS OF 9/30/24

AVAILABLE FUNDS AS OF 9/30/24

FY 2024/2025 FUND BALANCE ACTIVITY

GROSS AVAILABLE FUNDS AS OF 9/30/25

RESERVE BALANCE AS OF 9/30/25

AVAILABLE FUNDS 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

ADMINISTRATIVE ASSESSMENTS

191,895

195,333

195,333

MAINTENANCE ASSESSMENTS

1,268,723

1,268,726

1,268,726

DEBT ASSESSMENTS (2010)

129,869

129,870

129,870

OTHER REVENUES

0

20,472

20,472

INTEREST INCOME

1,800

93,000

91,819

TOTAL REVENUES

$	1,592,287

$	1,707,401

$	1,706,220

EXPENDITURES

ADMINISTRATIVE EXPENDITURES

SUPERVISOR FEES

10,000

7,000

7,000

PAYROLL TAXES (EMPLOYER)

800

536

536

ENGINEERING

40,000

30,000

19,578

LEGAL FEES

23,000

26,118

26,118

AUDIT FEES

4,200

4,200

4,200

MANAGEMENT

50,556

50,556

50,556

POSTAGE

1,450

1,575

1,538

OFFICE SUPPLIES/PRINTING

5,300

2,300

2,185

INSURANCE

24,000

21,894

21,894

LEGAL ADVERTISING

2,500

3,000

1,996

MISCELLANEOUS

8,750

6,500

6,040

DUES & SUBSCRIPTIONS

175

175

175

ASSESSMENT ROLL

7,500

7,500

7,500

TRUSTEE FEES

1,600

1,420

1,420

CONTINUING DISCLOSURE FEE

350

350

350

WEBSITE MANAGEMENT

2,000

2,000

2,000

TOTAL ADMINISTRATIVE EXPENDITURES

$	182,181

$	165,124

$	153,086

MAINTENANCE EXPENDITURES

FIELD MAINTENANCE

5,000

5,000

5,000

OPERATIONS MANAGEMENT

12,000

12,000

12,000

SECURITY & ROVER SERVICES

370,000

275,000

234,246

SECURITY ADMINISTRATIVE SERVICES

35,100

12,100

12,100

SECURITY VIDEO SURVEILLANCE & VIRTUAL GUARD SYSTEMS

35,000

43,000

41,749

SECURITY CAMERAS & MAINTENANCE

12,000

7,700

6,775

SECURITY ONLINE SOLUTIONS

12,000

12,290

12,290

SECURITY GATE SYSTEM MAINTENANCE

50,000

70,000

65,030

TELEPHONE

12,500

12,954

12,954

ELECTRIC

85,000

99,854

99,854

WATER & SEWAGE

16,000

12,742

12,742

GUARD HOUSE INT/EXT MAINTENANCE

30,000

24,000

20,077

LAKE & PRESERVE MAINTENANCE

48,000

39,000

36,979

SIGNAGE

2,000

500

0

STREETLIGHT MAINTENANCE

5,000

5,000

3,863

WATERFALL MAINTENANCE

80,000

80,000

74,662

HOLIDAY LIGHTING

11,000

10,342

10,342

OPERATING RESERVE/CONTINGENCY

24,000

5,000

0

MISCELLANEOUS MAINTENANCE

10,000

12,000

10,757

STORMWATER MGT & PIPE REPLACEMENT RESERVE/CONTINGENCY

100,000

100,000

21,738

PRESSURE CLEANING & PAINTING OF EXTERIOR STRUCTURES

14,000

2,000

0

HEADWALL STABILIZATION PROJECT

50,000

50,000

0

LAKE SLOPE SOIL MAINTENANCE

10,000

10,000

0

IGUANA REMOVAL SERVICES

27,000

26,900

26,900

MONUMENT MAINTENANCE

6,000

5,500

5,500

TREE TRIMMING

0

7,035

7,035

LAKE TEN RESTORATION

0

21,000

10,536

S-8 CANAL RECONSTRUCTION - ENGINEERING DESIGN & CONSTRUCTION

240,000

240,000

0

TOTAL MAINTENANCE EXPENDITURES

$	1,301,600

$	1,200,917

$	743,129

TOTAL EXPENDITURES

$	1,483,781

$	1,366,041

$	896,215

REVENUES LESS EXPENDITURES

$	108,506

$	341,360

$	810,005

PAYMENT TO TRUSTEE (2010)

(122,077)

(122,593)

(122,593)

BALANCE

$	(13,571)

$	218,767

$	687,412

COUNTY APPRAISER & TAX COLLECTOR FEE

(31,810)

(30,663)

(30,663)

DISCOUNTS FOR EARLY PAYMENTS

(63,619)

(58,449)

(58,449)

EXCESS/ (SHORTFALL)

$	(109,000)

$	129,655

$	598,300

CARRY FORWARD SURPLUS

109,000

109,000

0

NET EXCESS/ (SHORTFALL)

$	-

$	238,655

$	598,300

AMENDED FINAL BUDGET
WALNUT CREEK COMMUNITY DEVELOPMENT DISTRICT DEBT SERVICE FUND (SERIES 2010)
FISCAL YEAR 2024/2025 OCTOBER 1, 2024 - SEPTEMBER 30, 2025

Notes
Reserve Fund Balance = $128,530*. Revenue Fund Balance = $165,398*
Revenue Fund Balance To Be Used To Make 11/1/2025 Interest Payment Of $25,294.
* Approximate Amounts

 Series 2010 Bond Information	

Original Par Amount = Interest Rate =
Issue Date = Maturity Date =
Par Amount As Of 9/30/25 =

$2,650,000 2.051% - 5.95%
January 2010
May 2040
$865,000

Annual Principal Payments Due: May 1st

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

II

$283,795

$10,133

$293,928

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

11,600

11,489

NAV Tax Collection

122,077

122,593

122,593

Prepaid Bond Collection

0

0

0

Total Revenues

$	122,577

$	134,193

$	134,083

EXPENDITURES

Principal Payments

60,000

60,000

60,000

Additional Principal Payments

9,814

10,000

10,000

Interest Payments

52,763

54,060

54,060

Total Expenditures

$	122,577

$	124,060

$	124,060

Excess/ (Shortfall)

$	-

$	10,133

$	10,023