Academical Village Community Development District

The Academical Village Community Development District's budget for FY 2026 includes revenues from special assessments and interest income, with expenditures for administrative costs such as supervisor fees, engineering, legal services, annual audits, and management fees. Field expenditures cover field management, landscape and irrigation maintenance, rust prevention, street lighting, drainage basin maintenance, street sweeper service, and canal water maintenance. Debt service for Series 2020 Special Assessment Bonds includes interest and principal payments. The budget also outlines non-ad valorem assessments for various property types.

This document outlines the performance measures and standards for the Academical Village Community Development District for Fiscal Year 2026, established in response to Florida Legislature's HB7013 to enhance accountability and transparency. It focuses on three key categories: Community Communication and Engagement, Infrastructure and Facilities Maintenance, and Financial Transparency and Accountability. The plan aims to ensure statutory compliance and facilitate annual reporting on the achievement of goals and objectives.