Sausalito Bay Community Development District

Proposed Budget For Fiscal Year 2026/2027
October 1, 2026 - September 30, 2027

CONTENTS

I

PROPOSED BUDGET

II

DETAILED PROPOSED BUDGET

III

DETAILED PROPOSED DEBT SERVICE FUND BUDGET

IV

ASSESSMENT COMPARISON

PROPOSED BUDGET
SAUSALITO BAY COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2026/2027
OCTOBER 1, 2026 - SEPTEMBER 30, 2027

I

2/21/2026 5:14 PM

REVENUES

FISCAL YEAR 2026/2027 BUDGET

Administrative Assessments

88,895

Maintenance Assessments

21,494

Debt Assessments

183,996

Other Revenues

0

Interest Income

1,320

TOTAL REVENUES

$	295,705

EXPENDITURES

MAINTENANCE EXPENDITURES

Aquatic Maintenance (SFH - 50)

6,130

Aquatic Maintenance (TH - 23)

1,630

Lawn Maintenance (SFH - 50)

22,500

Lawn Maintenance/Lake Tracts (TH - 23)

6,000

Lake Tract Shoreline Maintenance (SFH - 50)

900

Lake Tract Shoreline Maintenance (TH - 23)

480

Miscellaneous Maintenance Expenses (SFH - 50)

8,000

Miscellaneous Maintenance Expenses (TH - 23)

750

Misc Grounds Maintenance/Mulch/Fertilizer

3,800

Engineering/Inspections

1,600

Outside Janitorial Services (SFH - 50)

3,000

Maintenance Contingency

2,020

TOTAL MAINTENANCE EXPENDITURES

$	56,810

ADMINISTRATIVE EXPENDITURES

Supervisor Fees

4,000

Payroll Taxes (Employer)

306

Management

36,000

Secretarial & Field Operations

6,180

Legal

8,000

Assessment Roll

6,000

Audit Fees

3,600

Insurance

7,900

Legal Advertisements

2,600

Miscellaneous

1,300

Postage

250

Office Supplies

350

Dues & Subscriptions

175

Trustee Fee

3,850

Continuing Disclosure Fee

350

Website Management

2,000

Administrative Contingency

700

TOTAL ADMINISTRATIVE EXPENDITURES

$	83,561

TOTAL EXPENDITURES

$	140,371

REVENUES LESS EXPENDITURES

$	155,334

Bond Payments

(172,956)

BALANCE

$	(17,622)

County Appraiser & Tax Collector Fee

(5,888)

Discounts For Early Payments

(11,775)

EXCESS/ (SHORTFALL)

$	(35,285)

Carryover From Prior Year

35,285

NET EXCESS/ (SHORTFALL)

$	-

DETAILED PROPOSED BUDGET
SAUSALITO BAY COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2026/2027
OCTOBER 1, 2026 - SEPTEMBER 30, 2027

II

2/21/2026 5:14 PM

REVENUES

FISCAL YEAR 2024/2025 ACTUAL

FISCAL YEAR 2025/2026 BUDGET

FISCAL YEAR 2026/2027 BUDGET

COMMENTS

Administrative Assessments

86,921

87,234

88,895

Expenditures/.94

Maintenance Assessments

29,204

25,984

21,494

Expenditures Less Interest & Carryover/.94

Debt Assessments

183,996

183,996

183,996

Bond Payments/.94

Other Revenues

0

0

0

Interest Income

10,216

1,200

1,320

Interest Projected At $110 Per Month

TOTAL REVENUES

$	310,337

$	298,414

$	295,705

EXPENDITURES

MAINTENANCE EXPENDITURES

Aquatic Maintenance (SFH - 50)

7,609

6,130

6,130

No Change From 2025/2026 Budget

Aquatic Maintenance (TH - 23)

0

1,630

1,630

No Change From 2025/2026 Budget

Lawn Maintenance (SFH - 50)

18,633

22,500

22,500

No Change From 2025/2026 Budget

Lawn Maintenance/Lake Tracts (TH - 23)

5,994

6,000

6,000

No Change From 2025/2026 Budget

Lake Tract Shoreline Maintenance (SFH - 50)

0

900

900

No Change From 2025/2026 Budget

Lake Tract Shoreline Maintenance (TH - 23)

0

480

480

No Change From 2025/2026 Budget

Miscellaneous Maintenance Expenses (SFH - 50)

0

8,000

8,000

No Change From 2025/2026 Budget

Miscellaneous Maintenance Expenses (TH - 23)

0

750

750

No Change From 2025/2026 Budget

Misc Grounds Maintenance/Mulch/Fertilizer

6,970

3,800

3,800

No Change From 2025/2026 Budget

Engineering/Inspections

1,770

1,600

1,600

No Change From 2025/2026 Budget

Outside Janitorial Services (SFH - 50)

600

3,000

3,000

No Change From 2025/2026 Budget

Maintenance Contingency

0

2,020

2,020

Maintenance Contingency

TOTAL MAINTENANCE EXPENDITURES

$	41,576

$	56,810

$	56,810

ADMINISTRATIVE EXPENDITURES

Supervisor Fees

3,000

4,000

4,000

Supervisor Fees

Payroll Taxes (Employer)

230

306

306

Supervisor Fees *7.65%

Management

34,080

35,064

36,000

CPI Adjustment

Secretarial & Field Operations

6,180

6,180

6,180

No Change From 2025/2026 Budget

Legal

8,340

8,000

8,000

No Change From 2025/2026 Budget

Assessment Roll

6,000

6,000

6,000

No Change From 2025/2026 Budget

Audit Fees

3,400

3,500

3,600

Accepted Amount Of 2025/2026 Audit

Insurance

6,858

7,400

7,900

Fiscal Year 2025/2026 Expenditure Was $7,269

Legal Advertisements

1,945

2,700

2,600

$100 Decrease From 2025/2026 Budget

Miscellaneous

1,288

1,300

1,300

No Change From 2025/2026 Budget

Postage

129

250

250

No Change From 2025/2026 Budget

Office Supplies

242

375

350

$25 Decrease From 2025/2026 Budget

Dues & Subscriptions

175

175

175

No Change From 2025/2026 Budget

Trustee Fee

3,816

3,700

3,850

$150 Increase From 2025/2026 Budget

Continuing Disclosure Fee

350

350

350

No Change From 2025/2026 Budget

Website Management

2,000

2,000

2,000

No Change From 2025/2026 Budget

Administrative Contingency

0

700

700

Administrative Contingency

TOTAL ADMINISTRATIVE EXPENDITURES

$	78,033

$	82,000

$	83,561

TOTAL EXPENDITURES

$	119,609

$	138,810

$	140,371

REVENUES LESS EXPENDITURES

$	190,728

$	159,604

$	155,334

Bond Payments

(175,559)

(172,956)

(172,956)

2027 P & I Payments Less Earned Interest

BALANCE

$	15,169

$	(13,352)

$	(17,622)

County Appraiser & Tax Collector Fee

(2,888)

(5,944)

(5,888)

Two Percent Of Total Assessment Roll

Discounts For Early Payments

(10,843)

(11,889)

(11,775)

Four Percent Of Total Assessment Roll

EXCESS/ (SHORTFALL)

$	1,438

$	(31,185)

$	(35,285)

Carryover From Prior Year

0

31,185

35,285

Carryover From Prior Year

NET EXCESS/ (SHORTFALL)

$	1,438

$	-

$	-

DETAILED PROPOSED DEBT SERVICE FUND BUDGET
SAUSALITO BAY COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2026/2027
OCTOBER 1, 2026 - SEPTEMBER 30, 2027

Series 2013 Bond Refunding Information

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

$2,595,000 1.375% - 4.00%
March 2013
May 2035

Annual Principal Payments Due = Annual Interest Payments Due =

May 1st
May 1st & November 1st

Par Amount As Of 1/1/26 =

$1,415,000

III

2/21/2026 5:14 PM

REVENUES

FISCAL YEAR 2024/2025 ACTUAL

FISCAL YEAR 2025/2026 BUDGET

FISCAL YEAR 2026/2027 BUDGET

COMMENTS

Interest Income

8,192

1,100

1,300

Projected Interest For FY 2026/2027

NAV Tax Collection

175,559

172,956

172,956

2027 P & I Payments Less Earned Interest

Total Revenues

$	183,751

$	174,056

$	174,256

EXPENDITURES

Principal Payments

115,000

120,000

125,000

Principal Payment Due In 2027

Interest Payments

60,613

54,056

49,256

Interest Payments Due In 2027

Total Expenditures

$	175,613

$	174,056

$	174,256

Excess/ (Shortfall)

$	8,138

$	-

$	-

Sausalito Bay Community Development District Assessment Comparison

Fiscal Year 2022/2023
Assessment
Before Discount*

Fiscal Year 2023/2024
Assessment
Before Discount*

Fiscal Year 2024/2025
Assessment
Before Discount*

Fiscal Year 2025/2026
Assessment
Before Discount*

Fiscal Year 2026/2027
Projected Assessment
Before Discount*

$
$

191.69
29.13

$
$

195.74
30.39

$
$

200.91
26.48

$
$

203.35
22.85

$
$

207.22
18.91

Administrative Assessment For Lot Size 23
Maintenance Assessment For Lot Size 23 Debt For Lot Size 23

 $	378.18

$	371.29

$	369.96

$	369.96

 $	369.96

Total

$

599.00

$

597.42

$

597.35

$

596.16

$

596.09

$
$

191.69
117.32

$
$

195.74
121.40

$
$

200.91
105.79

$
$

203.35
94.77

$
$

207.22
78.41

Administrative Assessment For Lot Size 50
Maintenance Assessment For Lot Size 50 Debt For Lot Size 50

 $	493.05

$	484.06

$	482.33

$	482.33

 $	482.33

Total

$

802.06

$

801.20

$

789.03

$

780.45

$

767.96

* Assessments Include the Following :

4% Discount for Early Payments 1% County Tax Collector Fee
1% County Property Appraiser Fee

Community Information:

Twenty Three Foot Lots Fifty Foot Lots
Total Units

204
225
429

IV

2/21/2026 5:14 PM