Title: SB Amended Final Budget 2025-2026.xlsx
Author: JWalker

Sausalito Bay Community Development District

Amended Final Budget For Fiscal Year 2025/2026
October 1, 2025 - September 30, 2026

CONTENTS

I

AMENDED FINAL OPERATING FUND BUDGET

II

AMENDED FINAL DEBT SERVICE FUND BUDGET

AMENDED FINAL BUDGET
SAUSALITO BAY COMMUNITY DEVELOPMENT DISTRICT OPERATING FUND
FISCAL YEAR 2025/2026 OCTOBER 1, 2025 - SEPTEMBER 30, 2026

Notes
Carryover From Prior Year Of $31,185 was used to reduce Fiscal Year 2025/2026 Assessments.
$35,285 Of Fund Balance To Be Used To Reduce 2026/2027 Assessments.

I

8/24/2026 7:33 AM

$243,964

($12,024)

$231,940

FUND BALANCE AS OF 9/30/25

FY 2025/2026 ACTIVITY

FUND BALANCE AS OF 9/30/26

REVENUES

FISCAL YEAR 2025/2026 BUDGET 10/1/25 - 9/30/26

AMENDED FINAL BUDGET
10/1/25 - 9/30/26

YEAR TO DATE ACTUAL
10/1/25 - 7/31/26

Administrative Assessments

87,234

87,685

87,685

Maintenance Assessments

25,984

25,996

25,996

Debt Assessments

183,996

184,144

184,144

Other Revenues

0

0

0

Interest Income

1,200

7,400

6,609

Total Revenues

$	298,414

$	305,225

$	304,434

ADMINISTRATIVE EXPENDITURES

Supervisor Fees

4,000

2,800

1,800

Payroll Taxes (Employer)

306

218

138

Management

35,064

35,064

29,220

Secretarial & Field Operations

6,180

6,180

5,150

Legal

8,000

6,000

3,053

Assessment Roll

6,000

6,000

0

Audit Fees

3,500

3,500

3,500

Insurance

7,400

7,269

7,269

Legal Advertisements

2,700

2,800

1,943

Miscellaneous

1,300

1,300

1,084

Postage

250

180

145

Office Supplies

375

275

228

Dues & Subscriptions

175

175

175

Trustee Fee

3,700

3,816

3,816

Continuing Disclosure Fee

350

350

0

Website Management

2,000

2,000

1,666

Administrative Contingency

700

700

0

TOTAL ADMINISTRATIVE EXPENDITURES

$	82,000

$	78,627

$	59,187

MAINTENANCE EXPENDITURES

Aquatic Maintenance (SFH - 50)

6,130

7,800

5,183

Aquatic Maintenance (TH - 23)

1,630

500

0

Lawn Maintenance (SFH - 50)

22,500

23,130

19,200

Lawn Maintenance/Lake Tracts (TH - 23)

6,000

7,230

5,950

Lake Tract Shoreline Maintenance (SFH - 50)

900

500

0

Lake Tract Shoreline Maintenance (TH - 23)

480

500

0

Miscellaneous Maintenance Expenses (SFH - 50)

8,000

2,500

0

Miscellaneous Maintenance Expenses (TH - 23)

750

500

0

Misc Grounds Maintenance/Mulch/Fertilizer

3,800

2,000

0

Engineering/Inspections

1,600

1,600

0

Outside Janitorial Services (SFH - 50)

3,000

1,000

250

Contingency (Tree Installation, Etc.)

2,020

2,020

0

TOTAL MAINTENANCE EXPENDITURES

$	56,810

$	49,280

$	30,583

TOTAL EXPENDITURES

$	138,810

$	127,907

$	89,770

REVENUES LESS EXPENDITURES

$	159,604

$	177,318

$	214,664

Bond Payments

(172,956)

(175,696)

(175,696)

Balance

$	(13,352)

$	1,622

$	38,968

County Appraiser & Tax Collector Fee

(5,944)

(2,867)

(2,867)

Discounts For Early Payments

(11,889)

(10,779)

(10,779)

Excess/ (Shortfall)

$	(31,185)

$	(12,024)

$	25,322

Carryover From Prior Year

31,185

0

0

Net Excess/ (Shortfall)

$	-

$	(12,024)

$	25,322

AMENDED FINAL BUDGET
SAUSALITO BAY COMMUNITY DEVELOPMENT DISTRICT DEBT SERVICE FUND
FISCAL YEAR 2025/2026 OCTOBER 1, 2025 - SEPTEMBER 30, 2026

Notes
Reserve Fund Balance = $90,000*. Revenue Fund Balance = $106,046*
Revenue Fund Balance To Be Used To Make 11/1/2026 Interest Payment Of $23,400.
* Approximate Amounts

2013 Bond Refunding

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

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

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

Par Amount As Of 9/30/26 =

$1,295,000

II

8/24/2026 7:33 AM

$189,953

$6,093

$196,046

FUND BALANCE AS OF 9/30/25

FY 2025/2026 ACTIVITY

FUND BALANCE AS OF 9/30/26

REVENUES

FISCAL YEAR 2025/2026 BUDGET
10/1/25 - 9/30/26

AMENDED FINAL BUDGET
10/1/25 - 9/30/26

YEAR TO DATE ACTUAL
10/1/25 - 7/31/26

Interest Income

1,100

6,697

5,897

NAV Tax Collection

172,956

175,696

172,131

Total Revenues

$	174,056

$	182,393

$	178,028

EXPENDITURES

Principal Payments

120,000

120,000

120,000

Interest Payments

54,056

56,300

56,300

Total Expenditures

$	174,056

$	176,300

$	176,300

Excess/ (Shortfall)

$	-

$	6,093

$	1,728