Proposed Budget
Naturewalk Community Development District
General Fund Fiscal Year 2026/2027	

Chart of Accounts Classification	
Actual YTD through 06/30/26	
Projected Annual Totals 2025/2026	
Annual Budget for 2025/2026	
Projected Budget variance for 2025/2026	
Budget for 2026/2027	
Budget Increase (Decrease) vs 2025/2026		
1									
2	ASSESSMENT REVENUES								
3									
4	Special Assessments								
5	Tax Roll	$	938,344	$	938,344	$	936,603	$	1,741	$	1,025,308	$	88,705		
6									
7	Assessment Revenue Subtotal	$	938,344	$	938,344	$	936,603	$	1,741	$	1,025,308	$	88,705	
8									
9	OTHER REVENUES								
10									
11	Balance Forward from Prior Year	$	600	$	600	$	-	$	600	$	-	$	-		
12	Interest Earnings	$	8,232	$	10,976	$	-	$	10,976	$	-	$	-		
13									
14	Other Revenue Subtotal	$	8,832	$	11,576	$	-	$	11,576	$	-	$	-	
15								
16	TOTAL REVENUES	$	947,176	$	949,920	$	936,603	$	13,317	$	1,025,308	$	88,705	
17									
18	EXPENDITURES - ADMINISTRATIVE								
19									
20	Legislative								
21	Supervisor Fees	$	6,400	$	8,533	$	12,000	$	3,467	$	12,000	$	-		
22	Financial & Administrative								

Proposed Budget
Naturewalk Community Development District
General Fund Fiscal Year 2026/2027	

Chart of Accounts Classification	
Actual YTD through 06/30/26	
Projected Annual Totals 2025/2026	
Annual Budget for 2025/2026	
Projected Budget variance for 2025/2026	
Budget for 2026/2027	
Budget Increase (Decrease) vs 2025/2026		
23	Accounting Services	$	12,980	$	17,307	$	17,306	$	(1)	$	17,306	$	-		
24	Administrative Services	$	7,300	$	9,733	$	9,734	$	1	$	10,026	$	292		
25	Arbitrage Rebate Calculation	$	-	$	-	$	450	$	450	$	450	$	-		
26	Assessment Roll	$	5,408	$	5,408	$	5,408	$	-	$	5,408	$	-		
27	Auditing Services	$	-	$	-	$	3,350	$	3,350	$	3,550	$	200		
28	Disclosure Report	$	3,750	$	3,750	$	5,000	$	1,250	$	5,000	$	-		
29	District Engineer	$	22,158	$	29,544	$	40,000	$	10,456	$	40,000	$	-		
30	District Management	$	21,294	$	28,392	$	28,392	$	-	$	43,392	$	15,000		
31	Dues, Licenses & Fees	$	248	$	156	$	175	$	19	$	175	$	-		
32	Financial & Revenue Collections	$	3,038	$	4,051	$	4,050	$	(1)	$	4,050	$	-		
33	Legal Advertising	$	1,605	$	2,140	$	3,500	$	1,360	$	2,000	$	(1,500)		
34	Miscellaneous Administrative Fees	$	108	$	144	$	2,000	$	1,856	$	2,000	$	-		
35	Public Officials Liability Insurance	$	2,427	$	2,427	$	3,100	$	673	$	3,330	$	230		
36	Room Rentals	$	1,250	$	467	$	1,800	$	1,333	$	1,800	$	-		
37	Supervisor Workers Comp Insurance	$	850	$	1,133	$	850	$	(283)	$	850	$	-		
38	Trustees Fees	$	3,231	$	4,308	$	7,000	$	2,692	$	7,754	$	754		
39	Website Hosting, Maintenance, Backup & Email	$	4,500	$	5,000	$	6,000	$	1,000	$	5,000	$	(1,000)		
40	Legal Counsel								
41	District Counsel	$	42,577	$	56,769	$	50,000	$	(6,769)	$	55,000	$	5,000		
42	Litigation / Mediation	$	-	$	-	$	5,000	$	5,000	$	5,000	$	-		
43									
44	Administrative Subtotal	$	139,124	$	179,262	$	205,115	$	25,853	$	224,091	$	18,976	

Proposed Budget
Naturewalk Community Development District
General Fund Fiscal Year 2026/2027	

Chart of Accounts Classification	
Actual YTD through 06/30/26	
Projected Annual Totals 2025/2026	
Annual Budget for 2025/2026	
Projected Budget variance for 2025/2026	
Budget for 2026/2027	
Budget Increase (Decrease) vs 2025/2026		
45									
46	EXPENDITURES - FIELD OPERATIONS								
47									
48	Electric Utility Services								
49	Utility - Electricity	$	17,331	$	23,108	$	21,600	$	(1,508)	$	23,174	$	1,574		
50	Stormwater Control								
51	Aquatic Maintenance	$	6,912	$	9,216	$	9,500	$	284	$	9,785	$	285		
52	Fountain Repairs	$	1,656	$	2,208	$	2,275	$	67	$	2,275	$	-		
53	Stormwater Monitoring & Maintenance	$	-	$	22,500	$	22,500	$	-	$	25,000	$	2,500		
54	Stormwater System Maintenance	$	-	$	-	$	10,000	$	10,000	$	25,000	$	15,000		
55	Other Physical Environment								
56	Fence Repairs/ Bulkhead Repairs	$	3,949	$	22,544	$	25,000	$	2,456	$	25,000	$	-		
57	General Liability Insurance	$	2,831	$	4,759	$	3,500	$	(1,259)	$	3,883	$	383		
58	Irrigation Repairs	$	1,004	$	10,339	$	12,000	$	1,661	$	12,000	$	-		
59	Landscape - Mulch	$	29,225	$	28,863	$	60,000	$	31,137	$	65,000	$	5,000		
60	Landscape Maintenance	$	233,725	$	311,633	$	160,000	$	(151,633)	$	192,250	$	32,250		
61	Landscape Replacement, Plants, Shrubs, Trees, Enhanchments	$	481	$	641	$	25,000	$	24,359	$	50,000	$	25,000		
62	Pedestrian Path Lighting	$	-	$	-	$	-	$	-	$	-	$	-		
63	Property Insurance	$	36,305	$	69,145	$	53,000	$	(16,145)	$	46,550	$	(6,450)		
64	Tree Services / Palm tree Services	$	-	$	-	$	4,000	$	4,000	$	4,000	$	-		
65	Well Maintenance	$	-	$	-	$	14,300	$	14,300	$	14,300	$	-		
66	Road & Street Facilities								

Proposed Budget
Naturewalk Community Development District
General Fund Fiscal Year 2026/2027	

Chart of Accounts Classification	
Actual YTD through 06/30/26	
Projected Annual Totals 2025/2026	
Annual Budget for 2025/2026	
Projected Budget variance for 2025/2026	
Budget for 2026/2027	
Budget Increase (Decrease) vs 2025/2026		
67	Bridge Repair	$	49,201	$	65,601	$	80,000	$	14,399	$	80,000	$	-		
68	Roadway Repair & Maintenance	$	81,669	$	108,892	$	117,000	$	8,108	$	120,000	$	3,000		
69	Security Camera Equipment Lease	$	2,500	$	3,333	$	5,000	$	1,667	$	5,000	$	-		
70	Sidewalk Maintenance & Repair	$	1,975	$	2,633	$	6,000	$	3,367	$	6,000	$	-		
71	Street Light/Decorative Light Maintenance	$	3,087	$	4,116	$	10,000	$	5,884	$	10,000	$	-		
72	Street Sign Repair & Replacement	$	132	$	176	$	2,000	$	1,824	$	2,000	$	-		
73	Trail Path Maintenance	$	-	$	-	$	15,000	$	15,000	$	15,000	$	-		
74	Contingency								
75	Miscellaneous Contingency	$	51,288	$	22,900	$	73,813	$	50,913	$	65,000	$	(8,813)		
76									
77	Field Operations Subtotal	$	523,271	$	712,608	$	731,488	$	18,880	$	801,217	$	69,729	
78								
79	TOTAL EXPENDITURES	$	662,395	$	891,870	$	936,603	$	44,733	$	1,025,308	$	88,705	
80								
81	EXCESS OF REVENUES OVER EXPENDITURES	$	284,781	$	58,050	$	-	$	58,050	$	-	$	-	
82								

Proposed Budget
Naturewalk Community Development District
Reserve Fund Fiscal Year 2026/2027	
	
Chart of Accounts Classification	
Actual YTD through	Projected Annual	Annual Budget for 06/30/26	 Totals 2025/2026		2025/2026	Projected Budget variance for 2025/2026	
Budget for 2026/2027	Budget Increase (Decrease) vs 2025/2026		
1									
2	ASSESSMENT REVENUES								
3									
4	Special Assessments								
5	Tax Roll	$	-	$	-	$	75,000	$	(75,000)	$	75,000	$	-		
6									
7	Assessment Revenue Subtotal	$	-	$	-	$	75,000	$	(75,000)	$	75,000	$	-	
8									
9	OTHER REVENUES								
10									
11	Interest Earnings								
12	Interest Earnings	$	-	$	-	$	-	$	-	$	-	$	-		
13	Other Miscellaneous Revenues								
14	Balance Forward from Prior Year	$	-	$	-	$	-	$	-	$	-	$	-		
15									
16	Other Revenue Subtotal	$	-	$	-	$	-	$	-	$	-	$	-	
17								
18	TOTAL REVENUES	$	-	$	-	$	75,000	$	(75,000)	$	75,000	$	-	
19									
20	EXPENDITURES								
21									
22	Contingency								
23	Capital Reserves	$	-	$	-	$	75,000	$	75,000	$	75,000	$	-		
24									
25	TOTAL EXPENDITURES	$	-	$	-	$	75,000	$	75,000	$	75,000	$	-	
26								
27	EXCESS OF REVENUES OVER EXPENDITURES	$	-	$	-	$	-	$	-	$	-	$	-	
28								

	

Comments	

	

	

	

	

	

	

	
	
Capital Reserves to fund unforeseen infrastructure repairs and replacement.	

	

Naturewalk Community Development District Debt Service
Fiscal Year 2026/2027	

Chart of Accounts Classification	Series 2007A	

Budget for 2026/2027	
			
REVENUES			
Special Assessments			
Net Special Assessments (1)	$409,119.17	$409,119.17	
			
TOTAL REVENUES	$409,119.17	$409,119.17	

EXPENDITURES			
Administrative			
Debt Service Obligation	$409,119.17	$409,119.17	
Administrative Subtotal	$409,119.17	$409,119.17	
			
TOTAL EXPENDITURES	$409,119.17	$409,119.17	
			
EXCESS OF REVENUES OVER EXPENDITURES	$0.00	$0.00	

Collection Costs (2%) and Early Payment Discount (4%) applicable to the county:	6.0%

$435,233.16

GROSS ASSESSMENTS

Notes:
Tax Roll Collection Costs (2%) and Early Payment Discount (4%) for Walton County is 6.0% of Tax Roll. Budgeted net of tax roll assessments. See Assessment Table.

(1) Maximum Annual Debt Service less Prepaid Assessments received.

NATUREWALK COMMUNITY DEVELOPMENT DISTRICT

FISCAL YEAR 2026/2027 O&M & DEBT SERVICE ASSESSMENT SCHEDULE	

2026/2027 O&M Budget:		
$1,100,308.00	
2025/2026 O&M Budget:	
$1,011,603.00	
Collection Costs:	2%	$23,410.81	2026/2027 O&M Budget:	$1,100,308.00	
Early Payment Discounts:	4%	$46,821.62			
2026/2027 Total:		$1,170,540.43	Total Difference:	$88,705.00	

Lot Size

Single Family 35'

Single Family 45'

Office Building

Multifamily (Unplatted)

(1) Debt was prepaid	

Assessment Breakdown

Series 2007A Debt Service Operations/Maintenance

Total

Series 2007A Debt Service Operations/Maintenance

Total

Series 2007A Debt Service(1) Operations/Maintenance

Total

Series 2007A Debt Service Operations/Maintenance

Total				

Per Unit Annual Assessment Comparison
2025/2026	2026/2027	

$1,138.28
$1,998.84	
$1,138.28
$2,174.11	
$3,137.12	$3,312.39	

$1,463.51
$2,578.50	
$1,463.51
$2,804.60	
$4,042.01	$4,268.11	

$0.00
$7,335.73	
$0.00
$7,978.98	
$7,335.73	$7,978.98	

$978.92
$1,719.00	
$978.92
$1,869.73	
$2,697.92	$2,848.65	

Proposed Increase / Decrease
$	%	

$0.00	
0.00%	
$175.27	8.77%	
$175.27	5.59%	

$0.00	
0.00%	
$226.10	8.77%	
$226.10	5.59%	

$0.00	
0.00%	
$643.25	8.77%	
$643.25	8.77%	

$0.00	
0.00%	
$150.73	8.77%	
$150.73	5.59%	

NATUREWALK COMMUNITY DEVELOPMENT DISTRICT

FISCAL YEAR 2026/2027 O&M & DEBT SERVICE ASSESSMENT SCHEDULE	

TOTAL O&M BUDGET	$1,100,308.00
COLLECTION COSTS @	2.0%	$23,410.81
EARLY PAYMENT DISCOUNT@	4.0%		$46,821.62 TOTAL O&M ASSESSMENT		$1,170,540.43	
	UNITS ASSESSED		ALLOCATION OF O&M ASSESSMENT		PER LOT ANNUAL ASSESSMENT		
	
SERIES 2007A
LOT SIZE	O&M	DEBT SERVICE (1)		TOTAL	% TOTAL		TOTAL EAU FACTOR	EAU's		EAU's	O&M BUDGET		
SERIES 2007A
O&M	DEBT SERVICE (2)	TOTAL (3)		
	SINGLE FAMILY 35	143	80
SINGLE FAMILY 45	153	84
OFFICE BUILDING	1	0
Total Platted	297	164
MULTIFAMILY	226	226
Total Unplatted	226	226
Total Community	523	390		
1.00	143.00	26.56%	$310,897.62
1.29	197.37	36.66%	$429,103.94
3.67	3.67	0.68%	$7,978.98

344.04	63.90%	$747,980.55

0.86	194.36	36.10%	$422,559.88

194.36	36.10%	$422,559.88

538.40	100.00%	$1,170,540.43		
$2,174.11	$1,138.28	$3,312.39
$2,804.60	$1,463.51	$4,268.11
$7,978.98	$0.00	$7,978.98

$1,869.73	$978.92	$2,848.65		

LESS: Walton County Collection Costs (2%) and Early Payment Discount Costs (4%)	($70,232.43)

Net Revenue to be Collected	$1,100,308.00	

(1) Reflects the number of total lots with Series 2007A debt outstanding.

(2) Annual debt service assessment per lot adopted in connection with the Series 2007A bond issue. Annual assessment includes principal, interest, Walton County collection costs and early payment discount costs.

(3) Annual assessment that will appear on November 2026 Walton County property tax bill. Amount shown includes all applicable collection costs. Property owner is eligible for a discount of up to 4% if paid early.