Shingle Creek Community Development District

Agenda

October 6, 2025

Agenda

Shingle Creek
Community Development District

219 E. Livingston Street, Orlando, Florida 32801 Phone: 407-841-5524 – Fax: 407-839-1526
September 29, 2025

Board of Supervisors Shingle Creek Community Development District

Dear Board Members:

The meeting of the Board of Supervisors of the Shingle Creek Community Development District will be held Monday, October 6, 2025 at 11:00 a.m. at the Oasis Club at ChampionsGate, 1520 Oasis Club Blvd., ChampionsGate, FL 33896. Following is the advance agenda for the regular meeting:

Board of Supervisors Meeting

Roll Call
Public Comment Period
Consideration of Resolution 2026-02 Ratifying Board Actions to Rescind Appointment of Board Member
Organizational Matters
Acceptance of Resignation of Barry Bichard
Appointment of Individuals to Fulfill Vacancies in Seats #1, #4 & #5
Consideration of Letters of Interest/Resumes
Administration of Oaths of Office to Newly Appointed Board Members
Election of Officers
Consideration of Resolution 2026-01 Electing Officers
Approval of Minutes of the August 4, 2025 Board of Supervisors Meeting
Consideration of FMS 2015 Bond Refinancing Items
Consideration of Proposal for Environmental Consulting Services from Austin Ecological Consultants
Staff Reports
Attorney
Engineer

Consideration of Work Authorization 2026-01
District Manager’s Report
Approval of Check Register
Balance Sheet and Income Statement
Other Business
Supervisor’s Requests
Adjournment

The balance of the agenda will be discussed at the meeting. In the meantime, if you should have any questions, please contact me.

Sincerely,

Jeremy LeBrun

Jeremy LeBrun District Manager

Cc:	Jan Carpenter, District Counsel Enclosures

Section III

RESOLUTION 2026-02
A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE SHINGLE CREEK COMMUNITY DEVELOPMENT DISTRICT RESCINDING THE APPOINTMENT OF INDIVIDUAL TO SEAT NO. 1 AND APPROVING THE RESCISSION OF ACCEPTANCE TO SEAT NO. 1 BY INDIVIDUAL; PROVIDING FOR SEVERABILITY; AND PROVIDING AN EFFECTIVE DATE.
WHEREAS, the Shingle Creek Community Development District (the “District”) is a local
unit of special purpose government created and existing pursuant to Chapter 190, Florida Statutes;

WHEREAS, the District’s Board of Supervisors desires to rescind its appointment of Michelle Dudley (the “Candidate”) to Seat No. 1 and desires to approve the Candidate’s recission of the Candidate’s acceptance to such appointment to Seat No. 1; and
WHEREAS, the District acknowledges that Seat No. 1 remains vacant and shall be filled in accordance with the requirements of Section 190.006, Florida Statutes.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE SHINGLE CREEK COMMUNITY DEVELOPMENT DISTRICT:
SECTION 1. RESCISSION OF APPOINTMENT. The District’s Board of Supervisors hereby rescinds their appointment of the Candidate to Seat No. 1 and approves the Candidate’s recission of acceptance to such appointment to Seat No. 1. Seat No. 1 remains vacant until filled in accordance with Section 190.006, Florida Statutes.
SECTION 2. SEVERABILITY. Should any court of competent jurisdiction find or hold any one or more provisions of this Resolution to be invalid or unenforceable, then such provision or provisions, as the case may be, shall not affect the validity or enforceability of the remaining portions of this Resolution, or any part thereof.

SECTION 3. EFFECTIVE DATE. This Resolution shall take effect immediately upon the passage and adoption of this Resolution by the Board of Supervisors of the Shingle Creek Community Development District.
PASSED AND ADOPTED this 6th day of October, 2025.

ATTEST:	BOARD OF SUPERVISORS OF THE SHINGLE CREEK COMMUNITY DEVELOPMENT DISTRICT

Assistant Secretary	Chairman

Resolution 2026-02 Approving Recission of Appointment to Seat No. 1 (2025) Shingle Creek Community Development District

Section IV

Section A

From: Stacie Vanderbilt svanderbilt@gmscfl.com 
Subject: Fwd: Bichard Resignation from Shingle Creek CDD BOD
Date: August 22, 2025 at 3:04 PM
To: Iman Sakalla isakalla@gmscfl.com
Cc: Jeremy LeBrun jlebrun@gmscfl.com

Begin forwarded message:
From: Barry Bichard <Barry.Bichard@Lennar.com>
Subject: Bichard Resignation from Shingle Creek CDD BOD Date: August 22, 2025 at 2:27:09 PM EDT
To: George Flint <gflint@gmscfl.com>

George,
I wish to resign from the Shingle Creek CDD Board. Please accept this as my Resignation.
If I need to be in person at the next meeting to resign please let me know any next steps.

Thank you,

Barry Bichard
Senior Land Development Manager – Orlando Division

barry.bichard@lennar.com Mobile: 352.552.6969

6675 Westwood Blvd., 5th Floor Orlando, FL 32821

This e-mail is intended only for the use of the person to whom it is addressed and contains information which may be confidential or privileged. If you are not the person to whom this e-mail is addressed, or an agent authorized by such person to receive this e-mail, you are hereby notified that any examination, copying, distribution or other unauthorized use of this e-mail is prohibited. If you received this e-mail in error, please notify me immediately at the e-mail address referenced above.

Section F

RESOLUTION 2026-01
A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE SHINGLE CREEK COMMUNITY DEVELOPMENT DISTRICT ELECTING THE OFFICERS OF THE DISTRICT AND PROVIDING FOR AN EFFECTIVE DATE

WHEREAS, the Shingle Creek Community Development District (the “District”) is a local unit of special purpose government created and existing pursuant to Chapter 190, Florida Statutes; and
WHEREAS, the Board of Supervisors of the District (“Board”) desires to elect the Officers of the District.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE SHINGLE CREEK COMMUNITY DEVELOPMENT DISTRICT:

Section 1.		is elected Chairperson.
Section 2.		is elected Vice Chairperson.
Section 3.		George Flint	 is elected Secretary.

Section 4.		Jeremy LeBrun	 is elected Assistant Secretary.
	is elected Assistant Secretary.
	is elected Assistant Secretary
	is elected Assistant Secretary.

Section 5.		Jill Burns	 is elected Treasurer.
Section 6.		Katie Costa	 is elected Assistant Treasurer.

Section 7.	This Resolution shall become effective immediately upon its adoption.
PASSED AND ADOPTED this 6th day of October, 2025.
ATTEST:	SHINGLE	CREEK	COMMUNITY DEVELOPMENT DISTRICT

Secretary/Assistant Secretary	Chairperson/Vice-Chairperson

Minutes

MINUTES OF MEETING SHINGLE CREEK
COMMUNITY DEVELOPMENT DISTRICT

The regular meeting of the Board of Supervisors of the Shingle Creek Community Development District was held on Monday, August 4, 2025 at 11:33 a.m. at the Oasis Club at ChampionsGate, 1520 Oasis Club Blvd., ChampionsGate, FL.

Present and constituting a quorum:
Rob Bonin	Chairman
Adam Morgan	Vice Chairman
Dan Navarra	Assistant Secretary
Michelle Dudley	Appointed as Assistant Secretary Also present were:
Jeremy LeBrun	District Manager, GMS
Kristen Trucco	District Counsel, LLEB
Joey Duncan by phone	District Engineer, Dewberry
Alan Scheerer	Field Manager
Dylan Schwartz	FMS Bonds

FIRST ORDER OF BUSINESS	Roll Call
Mr. LeBrun called the meeting to order and called the roll at 11:33 a.m. Three Supervisors were present in person constituting a quorum.

SECOND ORDER OF BUSINESS	Public Comment Period
Mr. LeBrun: Next we have our public comment period. If there are any members of the public that wish to make a comment, now is the time to do so. Hearing no comments, we will move on to the next item.

August 4, 2025	Shingle Creek

THIRD ORDER OF BUSINESS	Organizational Matters
Acceptance of Resignation of Mark Ratcliff
Mr. LeBrun: Item number three is our organizational matters. The first item we have here is the acceptance of the resignation of Mark Ratcliff. His reignition email is included your agenda packets. We just need a motion to accept that resignation.

On MOTION by Mr. Morgan, seconded by Mr. Navarra, with all in favor, Acceptance of Resignation of Mark Ratcliff, was approved.

Appointment of Individuals to Fulfill Vacancies in Seats #1, #4, & #5
Mr. LeBrun: If there is ever a resignation or an opening, the Board has an option to appoint someone to that position. I am not aware of any residents that have expressed interest in that seat. The Board can continue to operate with four members. It is usually best practice to have five Board members, so if you have quorum issues you have multiple people that can make that three.
Mr. Morgan: If the Board would allow, I would like to make a motion for Michelle Dudley to be on the Board in the meanwhile.

On MOTION by Mr. Morgan, seconded by Mr. Navarra, with all in favor, Appointment of Michielle Dudley to Vacant Board Seat, was approved.

Mr. LeBrun: I’ll just make a note. Since this is a general elector seat, if there is a resident that comes forward, a resident within the District would be allowed to have that seat. This will help for holdover purposes.

Consideration of Letters of Interest/Resumes
Administration of Oaths of Office to Newly Appointed Board Members
Mr. LeBrun: Ms. Dudley, if you don’t mind, I’ll just swear you in.
Ms. Dudley: Sure.
Mr. LeBrun: I’ll just read this to you. As a citizen of the State of Florida of the United States of America and being employed by or an officer of the Shingle Cree Community Development District, and a recipient of public funds, as such employee or officer, do you hereby

August 4, 2025	Shingle Creek

solemnly swear or affirm to support the Constitution of the United States and of the State of Florida.
Ms. Dudley: I do.
Mr. LeBrun: I believe Michelle is on other Boards. Kristen, I don’t know if you want to do
your rundown.
Ms. Trucco: Michelle, you are aware of all of the laws that apply to you as a public official,
right?
Ms. Dudley: I am.
Mr. LeBrun: Great. Welcome to the Board. As a new Board member under state statute
you do have the option to receive compensation. The other Board members do up to $200 per meeting. Do you want to take compensation?
Ms. Dudley: Yes.
Mr. Morgan: Dan, we are still looking for members of the community to be on the Board. I’m sad that Mark decided to resign, but if you know of anybody. If you are at get togethers or functions or meetings. Put the word out for us.

Election of Officers
Mr. LeBrun: As part of that, any time there is an appointment of an election, we do a resolution electing officers.

Consideration of Resolution 2025-09 Electing Officers
Mr. LeBrun: This would be Resolution 2025-09. You can just appoint Michelle into the same role if you would like to.
Mr. Morgan: Yes, and we’ll keep the rest the same.
Mr. LeBrun: Resolution 2025-09 we will switch in Michelle. Is there a motion to approve
that?

On MOTION by Mr. Morgan, seconded by Mr. Navarra, with all in favor, Resolution 2025-09 Electing Officers as slated above, was approved.

August 4, 2025	Shingle Creek

FOURTH ORDER OF BUSINESS	Approval of Minutes of the June 16, 2025
Meetings
June 16, 2025 Audit Committee Meeting
Mr. LeBrun: Item number four is the approval of the minutes of the June 2025 meetings. This starts on page 12 of your electronic agendas. The first set of minutes are from the June 16, 2025 Audit Committee meeting. I’m happy to take any questions on those, if not I just need a motion to approve.

On MOTION by Mr. Morgan, seconded by Mr. Navarra, with all in favor, the Minutes of the June 16, 2025 Audit Committee Meeting, were approved.

June 16, 2025 Board of Supervisors Meeting
Mr. LeBrun: On page 16 we have our meeting minutes from the regular Board meeting. I would take any revisions or comments on those at this time. If not, I would just need a motion to approve those Board of Supervisor’s meeting minutes.

On MOTION by Mr. Morgan, seconded by Mr. Dudley, with all in favor, the Minutes of the June 16, 2025 Board of Supervisors Meeting, were approved.

FIFTH ORDER OF BUSINESS	Public Hearing
Mr. LeBrun: Next we have our two public hearings. If I can just get a motion to open the public hearing.

On MOTION by Mr. Morgan, seconded by Mr. Bonin, with all in favor, Opening the Public Hearing, was approved.

Mr. LeBrun: If the Board is okay, I’ll just walk us through those two resolutions. We’ll do a public hearing for each. Resolution 2025-10 which is adopting the Fiscal Year 2026 budget and also Resolution 2025-11 imposing special assessments.

August 4, 2025	Shingle Creek

Consideration of Resolution 2025-10 Adopting the Fiscal Year 2026 Budget and Relating to the Annual Appropriations
Mr. LeBrun: I’m going to go through the budget quickly with the Board. On page 41 you’ll see your general fund. As a reminder to the Board there is no assessment increase at all. Everything will remain level for the owners within the District. They will not see an increase in assessments. You have your assessments listed there, your interest that we’re predicting, and then your carry forward surplus. Carry forward surplus, that’s just an excess that is being projected. We still have a couple of months left in the fiscal year, so that could change. The current trend is what we are showing. For your administrative costs, you’ll see that detail there in that first section. That’s for the cost of operating the District. Below that, you’ll have the operations and maintenance items. This has been updated with any new contracts, anticipated costs, Alan does a great job getting all those dialed in. You’ll see those costs included within the budget. Then on the next page, on page 42, you’ll see your assessment chart. No increase is predicted; that’s good news. Behind that, starting on page 43, you have your narrative. This explains all the different line items that are within the budget. It shows the accounts, what this District maintains and owns and operates. You have your capital reserve fund; that’s on page 49. You’ll see there a very healthy capital reserve fund. That’s for any capital projects or repairs. The Board has funded that quite well over the years, so that is good news.
Ms. Dudley: Is that why the amounts went down for next year?
Mr. LeBrun: Yes, carry forward surplus. The Board could move to put that in there. It all
depends on cost. It’s a way to also keep assessments level.
Ms. Dudley: Are CDDs required to do reserve studies?
Mr. LeBrun: They are not required to do them. Behind your capital reserve, you have your dept services funds. That will show the different assessment levels and the amortization schedules. Those are listed there as well. At this time I will ask for any public comments since we are in a public hearing. Are there any members of the public that wish to comment? I will bring it back to the Board. Did the Board have any questions on adopting that Fiscal Year 2026 budget?

On MOTION by Mr. Morgan, seconded by Ms. Dudley, with all in favor, Resolution 2025-10 Adopting Fiscal Year 2026 Budget and Relating to the Annual Appropriations, was approved.

August 4, 2025	Shingle Creek

Consideration of Resolution 2025-11 Imposing Special Assessments and Certifying an Assessment Roll
Mr. LeBrun: Next we have Resolution 2025-11 imposing special assessments and certifying an assessment roll. The Board just adopted their Fiscal Year 2026 budget. This is a mechanism that is used to fund the budget with those special assessments and then also certifying an assessment roll. Once again, I will just ask the public, are there any comments on that? Hearing no comments, I’ll bring it back to the Board. Any questions on that resolution? Like I said, it is just the mechanism to fund that budget.

On MOTION by Mr. Morgan, seconded by Ms. Dudley, with all in favor, Resolution 2025-11 Imposing Special Assessments and Certifying an Assessment Roll, was approved.

On MOTION by Mr. Morgan, seconded by Mr. Bonin, with all in favor, Closing the Public Hearing, was approved.

SIXTH ORDER OF BUSINESS	Consideration  of  Landscape  Maintenance
Agreement
Mr. Scheerer: Included in your agenda is a renewal agreement with Down to Earth for landscape services for Fiscal Year 2026. This contract would start October 1, 2025 and expires September 30, 2026. The overall amount is $297,778.50 which is the number you will see in the budget the Board just approved. It includes your landscape maintenance, irrigation inspections, fert, pest control, one time mulch annually is included, as is two palm tree prunings a year. You’ll see some additional services listed there, but we don’t have any annuals, so there really isn’t anything in there for us to deal with as it comes to some of those annuals. I can try to answer any questions the Board might have on this agreement?
Mr. Morgan: How are they doing? Mr. Scheerer: Good.
Mr. Morgan: Good.
Ms. Dudley: I think the landscape cost went down from this year to next year. Did they negotiate a price with us? Or was there a change in any service?
Mr. Scheerer: I’m not sure. It’s the same service. Nothing has changed on our end. I think
it just may have been a little higher at the time and then we came in to start talking to them they

August 4, 2025	Shingle Creek

adjusted their price slightly. I think the price is a fair price. I will be working, probably next year,
because they’ve been there for so long, it will be time to probably bid this project out.
Mr. Morgan: Because I know we did that on all the other CDDs.
Mr. Scheerer: Typically it’s every three to five year agreements. This will be their last year on this agreement. We will go ahead and put together a bid document for the Board to consider for 2026, probably around the February or March timeframe due to the 30-day notice in the paper.

On MOTION by Mr. Morgan, seconded by Ms. Dudley, with all in favor, the Landscape Maintenance Agreement, was approved.

SEVENTH ORDER OF BUSINESS	Consideration	of	Pond	Maintenance
Agreement
Mr. Scheerer: The next agreemnet is with Aquatic Weed Control. They are the folks that perform the aquatic maintenance for us. Again, it is another agreement that will start October 1, 2025 and expires September 30, 2026. It includes all our ponds within the District for Shingle Creek. The numbers have been accounted for in the budget the Board just adopted.

On MOTION by Mr. Morgan, seconded by Ms. Dudley, with all in favor, the Pond Maintenance Agreement, was approved.

EIGHTH ORDER OF BUSINESS	Consideration of Engagement Letter from
Grau & Associates
Mr. LeBrun: Item number eight is the engagement letter with Grau & Associates. The Audit Committee Board approved using Grau as their auditor. This is just that engagement letter. It’s within budget and is what the Audit Committee recommended. We are looking for a motion to approve that engagement letter.

On MOTION by Mr. Morgan, seconded by Ms. Dudley, with all in favor, the Engagement Letter from Grau & Associates, was approved.

August 4, 2025	Shingle Creek

NINTH ORDER OF BUSINESS	Staff Reports
Attorney
Ms. Trucco: I don’t have any specific updates for you today. I’m here if you have any
questions.

Engineer
Presentation of Annual Engineer’s Report
Mr. LeBrun: We will go to our engineer.
Mr. Duncan: This is Joey Duncan with Dewberry. We have the annual report on your roads to be accepted. We have reviewed your site and found that it is being well maintained, and the current budget is sufficient for the maintenance required over the next year. We also checked in and your insurance is currently up to date in accordance with what is currently required. That’s all, unless you have any questions.

On MOTION by Mr. Morgan, seconded by Ms. Dudley, with all in favor, Accepting the Annual Engineer’s Report, was approved.

District Manager’s Report
Mr. LeBrun: That brings us down to our District Manager’s report. Dylan, are you still
with us on the phone.
Mr. Schwartz: Yes. I came to the last meeting and provided a summary of refinancing options. We have been taking a handful of deals to a specific bank that has been very aggressive in the CDD market for fully built out CDDs for refinancing. They, unfortunately, after we did about ten of them earlier this year, they put a pause on 20-year maturity debt. The public markets for bonds right now, the range are significantly higher than what the banks have been offering. That being said, there is another bank that I just got of the phone with that I have been contact with over the last two weeks, and I spoke to them again this morning. They are interested in 20-year debt. They’re interested in this specific CDD. Their rate is slightly higher than the rate that I showed you guys. They are giving an indication, if it was priced today at 4.6%, I think I showed you 4.45% previously for the new rate, that’s around 10.5% annual savings which is still over $3 million of debt service savings over the life of the bonds. It’s still a substantial savings. Not quite the 12% we were looking at, but here at FMS we typically believe that the thresholds for a refinancing to make sense is that 10% annual debt service savings number. So, you’re right around

August 4, 2025	Shingle Creek

10.5% with this $3 million over 20 years. It seems like a decent enough proposal. Rates have been a bit volatile. The expectation had been for a while now that rates are going to go lower and they have been a little bit sticky. The federal reserve does controls short-terms rates, but they don’t control long-term rates. Last September when they cut the short-term rates, long-term rates ended up going up higher. There is no real telling what is going to happen. With regards to timing, I know that this Board only meets once every other month. For a bank to hold a rate, they typically hold it for about 35 to 45 days. So, it would necessitate getting through the underwriting process with them. They are aware that it’s a fully built out CDD, but they still need to do their diligence, which I would have to provide. They will be able to provide a term sheet, going through this process would require probably setting up a special meeting in the month of September to approve and adopt a term sheet and then coming back to the regularly scheduled October meeting to adopt the final bond documents and adopt the award resolution and sign all the preclosing papers and whatnot. We would be able to close after that October meeting in time to make the November 1st redemption date. My question to you guys is, is that 10.5% savings or just $3 million dollars annual, is that palatable to you guys? Is it worth coming to a September meeting if I can get a term sheet that shows around that level? I wouldn’t request GMS to reach out to you to provide a date for a special meeting unless we could hit that threshold. I wanted to check in with you guys, to see if that was something you would be interested in before going down this route with the new bank. Mr. Morgan: I mean, a bird in the hand is better than one in the bush. You’re the main man,
you’re good?
Mr. Bonin: Yeah.
Mr. Morgan: I say proceed and we can arrange for a special meeting in September.
Mr. LeBrun: Dylan, did you hear that? It sounds like the Board is amenable to a meeting in September whenever the documents are ready.
Mr. Schwartz: It’s a little hard to hear. But it sounds like, yes, let me have a conversation with the bank and if we get numbers that look good, we will set up a meeting in September.
Mr. Morgan: That’s correct. Please move forward.
Mr. Schwart: Alright, sounds like a plan. Thank you, guys, for your time and I’ll do my best to get it done for your guys. I’m sure we’ll be able to make something happen.
Mr. Morgan: Thanks, Dylan.

August 4, 2025	Shingle Creek

Approval of Check Register
Mr. LeBrun: C-1 is the approval of the check register. This is on page 147 of your electronic agenda. You have checks 1019 through 1038. Your total there is $205,761.85. You also have your payroll fund, checks 50071 through 50074. The total there is $738.80. The grand total is
$206,500.65. Behind that you have your line-by-line register that details those checks.
Mr. Morgan: Alan, when Down to Earth removed these two palm trees, did they remove and replace them or just remove them?
Mr. Scheerer: Right now, they were just removed. We can’t replace palm trees with palm trees due to fusarium wilt. Once they get the lethal bronzing, fusarium wilt, I think I’ve touched on this on a couple of other Boards, maybe not this one, but it looks like the extension office for the University of Florida up in Heritage Park is now look at the possibility of waiting up to five- years.
Mr. Morgan: Oh, really?
Mr. Scheerer: Before you replace a palm tree because the original recommendation was that you had to remove all the contaminated soil. So, there is not enough room in that median where this particular palm tree was for us to remove any soil. We can go back in as long as we are not interfering with line of sight, which is also a concern, with maybe a robellini or something like that that doesn’t have the effect with lethal bronzing or fusarium wilt. But right now no palm trees are being replaced once they are being removed.
Mr. Morgan: Okay. I was just curious. Thank you.

On MOTION by Mr. Morgan, seconded by Ms. Dudley, with all in favor, the Check Register, was approved.

Balance Sheet and Income Statement
Mr. LeBrun: Behind that you have your unaudited financials through June 30, 2025. No
action required on the Board’s part, just your actuals through June 30th.

Approval of Fiscal Year 2026 Meeting Schedule
Mr. LeBrun: Next you have the approval of the Fiscal Year 2026 meeting schedule. That’s
there on page 164. It contemplates the same monthly schedule, the first Monday of every other

August 4, 2025	Shingle Creek

month. I believe there was some discussion to schedule that concurrently with the meeting prior. We have that scheduled at 11:00, and then also there is a Board meeting after this that many Board members are a part of that one. We have that one scheduled at 11:00 so that was as soon as we finish one we can knock the other one out if the Board is okay with that. Essentially this one is scheduled for 11:00 but it would actually start right when the one before it finishes.
Mr. Morgan: I like that, proceed.
Mr. LeBrun: I’ll have a motion to approve the revised Fiscal Year 2026 meeting schedule that would change the time to 11:00 a.m. instead of 11:30 a.m.

On MOTION by Mr. Morgan, seconded by Ms. Dudley, with all in favor, the Fiscal Year 2026 Meeting Schedule, was approved as amended.

District Goals and Objectives
Presentation of Fiscal Year 2025 Authorizing Chair to Execute
Mr. LeBrun: Next you have the District goals and objectives. If the Board recalls, last legislative session Community Development Districts were required to develop measurable goals and objectives. The ones that the Board adopted in the current fiscal year, they start in page 169. What we are asking here is authorizing Chair to execute once the fiscal year ends, we will check off all the boxes. We have hit all of our goals thus far with two months remaining. This is just reminding the Board of the current goals and then giving authorization of the Chair to execute, and we will put those on our website per state statute. These all align with state statute, that’s why they were designed the way they are.

On MOTION by Mr. Morgan, seconded by Ms. Dudley, with all in favor, Accepting the Fiscal Year 2025 Goals and Objectives and Authorizing Chair to Execute, was approved.

Adoption of Fiscal Year 2026 Goals and Objectives
Mr. LeBrun: Related, we have our Fiscal Year 2026 goals. We were hopeful that the legislation might do away with this requirement, but they did not. We are just basically adopting the same goals for Fiscal Year 2026. So, I am just presenting those, and I would just need a motion to approve those Fiscal Year 2026 goals.

August 4, 2025	Shingle Creek

On MOTION by Mr. Morgan, seconded by Ms. Dudley, with all in favor, Adoption of Fiscal Year 2026 Goals and Objectives, was approved.

TENTH ORDER OF BUSINESS	Other Business
Mr. LeBrun: Any other business or Supervisor requests?
Mr. Navarra: Listening to the last meeting you talked about cons in signage in fishing and all that stuff. We have the two ponds that are separated by the road. The one has proper signage; we’re still finding people fishing there but we see people fishing in the smaller pond quiet frequently. And they say, “well there is no sign here”, and that’s their excuse. So, you may want to consider a sign on that one as well.
Mr. Scheerer: Well, you know the, I don’t know how to identify it, the retreat side, the country club side. What’s the water park side? They have kayaking, canoeing, and all kind of stuff. Do we want to add signage to that pond as well?
Mr. Bonin: Which pond are we saying has signage?
Mr. Navarra: Reflections has signage around the water line.
Mr. Scheerer: If you look in your agenda, Rob, under the aquatic agreement, I did include
the map. None of the ponds really say “No Fishing” except one. There is only one pond out there.
Mr. Bonin: Which pond is that?
Mr. Scheerer: It’s this big one right here, sir.
Mr. Bonin: And there is only one sign?
Mr. Scheerer: No. It has multiple signs, but what he’s saying is none of the others have
signs.
Mr. Navarra: This pond extends over to this area. It’s not shown in this map, but it extends
over here. So, we call it the smaller pond. And there is no sign there. And so, people say, “well, we can fish here, there is no sign.”
Mr. Scheerer: The P32, anything by the traffic circle, none of those have them. If you want, we can do the same thing there. I know they have the alligator warning signs because the developer installed a lot of those. But only one says “No Fishing”. My only question is, I know that as part as the Reflection, which is where the D1 pond is, they use that as a kayaking kind of resort style use. But I have no problem adding “No Fishing” signs to any of them.

August 4, 2025	Shingle Creek

Mr. Bonin: I’m usually not a proponent of “No Fishing” signs because I think if you polled half the neighborhood, half would say that’s fine and half would say it’s not. So, certainly don’t want to say no fishing on the retreat side or the Cove side. But we’re talking about the little, tiny pond that goes off into the wetland? Is that what we are talking about?
Mr. Navarra: Correct. And again, I personally don’t care about fishing either. But I was always told that you can’t fish, and you didn’t want people to fish there.
Mr. Bonin: You don’t put signs to encourage it, but you don’t say that you can’t either.
Ms. Trucco: I think too from a legal standpoint, we always recommend putting signs that
say, “No Fishing”, “No Swimming”.
Mr. Bonin: Yes but I think we’ve never had a hardline stance about saying no fishing.
Ms. Trucco: It’s up to the Board, but as legal counsel, I do need to warn you that you do have liability. If someone gets injured in the ponds the CDD could get sued. So, in that event we would reach out to the insurance carrier to see if they would provide a defense. That has happened before in CDDs. We usually recommend that you talk to your insurance carrier and see what their recommendation is to make sure that they are going to provide a defense if there is a lawsuit in the future. But it is up to the Board and you need to voice that when that issue comes up.
Mr. Morgan: We do have a waning of alligators and snakes in this area. If someone jumps in the ponds and get bit by an alligator, we have a defense.
Ms. Trucco: You’ve got that protection. I know CDDs also look at the permit. Does the
permit restrict fishing. That is a question as well.
Mr. Morgan: Bringing it back to what Dan was asking about. You were asking about one
specific pond. If it’s one specific pond, and it’s in an area that’s not short-term rental, correct?
Ms. Dudley: It is not.
Mr. Morgan: I don’t have a problem putting a sign there.
Mr. Scheerer: I’ll take care of it.
Mr. Morgan: Thank you, Alan.
Mr. Scheerer: I’ll put the alligator sign, and I’ll get a no trespassing, boating, swimming, or fishing. I’ll make it happen.

ELEVENTH ORDER OF BUSINESS	Supervisor’s Requests
There being no comments, the next item followed.

August 4, 2025	Shingle Creek

TWELFTH ORDER OF BUSINESS	Adjournment
Mr. LeBrun: I just need a motion to adjourn.

On MOTION by Ms. Dudley, seconded by Mr. Navarra, with all in favor, the meeting was adjourned.

Secretary / Assistant Secretary	Chairman / Vice Chairman

Section VI

4 �	SeacoastBank
"	Seacoast National Bank

September 29, 2025

Shingle Creek Community Development District C/O FMSbonds, Inc.
Attn: Dylan Schwartz 20660 W. Dixie Hwy.
N. Miami Beach, FL 33180

Re: Term Sheet Proposal

Dear Dylan,

We are pleased to advise you that Seacoast National Bank is willing to consider providing financing to Shingle Creek Community Development District. The credit facility will be based substantially on the proposed summary of terms and conditions set forth in the attached Annex I; together with this cover letter, the "Proposal Letter".

This Proposal Letter is merely an expression of interest by the Bank in the proposed financing and should not be construed to be expressly or by implication, a commitment, an offer, an agreement in principle or an agreement by the Bank to make the Loan. The terms are subject to standard credit underwriting and approval by the Bank.

We look forward to working with you on this financing request. If these general terms are satisfactory to you, and you would like the Bank to begin its formal underwriting process toward seeking the appropriate credit approval, please sign this letter where provided below and return no later than October 7, 2025.

Should you have any questions regarding the Proposal Letter, please feel free to call me at (941) 920- 4716.

�

Andres F. Rincon, SVP 1950 Ringling Boulevard

Sarasota, FL 34236

(941) 920-4716
Andres.rincon@seacoastbank.com

Mombo1·

ANNEX I

4	 SeacoastBank

�

>	Seacoast National Bank

BORROWER LOAN AMOUNT GUARANTORS CREDIT FACILITY PURPOSE MATURITY
INDICATIVE RATES LOAN FEES REPAYMENT PREPAYMENT PENALTY

COLLATERAL

DEPOSIT RELATIONSHIP

MADS RESERVE ACCOUNT COSTS

ADDITIONAL COVENANTS AND CONDITIONS

Shingle Creek CDD

Not to exceed $16,730,000. Not Applicable
Tax-Exempt, Non-BQ Term Loan

Refund its outstanding Special Assessment Bonds, Series 2015 May 1, 2045
Fixed rate of 4.60% with a Tax Equivalent Yield of 5.43% 50 Bps offinal Loan Amount
Annual principal payments with semi-annual interest payments.

The proposed Bonds will be non-callable for the first 5 years from closing. Property owners will be allowed to prepay their assessments at any time during the term of the loan.

Pledge of Non-Ad valorem special assessment on 1,172 assessable units within the District, including, without limitation, amounts received from any foreclosure proceeding for the enforcement of collection of such Assessments or, if applicable, from the issuance and sale of tax certificates with respect to such assessments.

Borrower will be required to maintain its primary Operating Account, Money Market Account, and the Florida Prime Capital Reserve Account with Seacoast National Bank for the term of the Loan.

Non-Required

Standard and reasonable costs related to this loan transaction are the responsibility of the Borrower.

Receipt and Satisfactory review by Seacoast National Bank-engaged legal counsel of the legal documentation provided by the Bond Counsel engaged in this transaction. Bond Counsel Opinion to include, among other required information, that the form of the proposed Bonds is regular and proper to include an opinion as to tax exemption and enforceability.

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4  Se��2��at����
Receipt and satisfactory review of the Master Trust Indenture for the proposed funding.

Receipt and satisfactory review of the Series 2025 Bonds Report utilizing the agreed upon terms (loan amount, interest rate, payment schedule, etc.)

FINANCIAL REPORTING

TAX-EXEMPT STATUS

On an annual basis, within 270 days of the Fiscal year end, a copy of the audited financial statements for the Borrower.

On an annual basis, within 90 days of the Fiscal year end, a copy of an internally prepared financial statement for the Borrower.

Failure to provide the financial statements and reports as provided in the preceding paragraphs, after three (3) Business Days' written notice to the District, the District Manager and Counsel to the District, with a copy to the Trustee, shall constitute a "Financial Covenant Reporting Failure." Upon the occurrence of a Financial Covenant Reporting Failure Seacoast National Bank may enforce the provisions of this section by action in mandamus or specific performance, to compel performance of the District's financial reporting obligations under this section. A financial Covenant Reporting Failure under this section shall not constitute an Event of Default under the Master Indenture.

In the event this loan is deemed to no longer be tax exempt, then in such event Borrower shall also pay to Bank, at the time such interest is paid all additional amounts which Bank specifies as necessary to preserve the after-tax yield that Bank would have received at each interest payment date had the loan remained tax exempt.

The Borrower agrees to pay, and indemnify Bank with respect to, any present or future stamp or documentary taxes, or any other excise or property taxes, charges or similar levies which arise from any payment made under this Loan or from the execution, delivery or registration of, or otherwise with respect to this Loan or any agreement or instrument required by, or executed or delivered in connection with, this Loan.

This indicative Term Sheet is for discussion and illustrative purposes only and does not represent a commitment by Seacoast National Bank to provide an extension of credit.
I have reviewed and hereby accept the proposed terms and conditions stated in this letter.

THIS TERM SHEET IS AN OUTLINE ONLY AND DOES NOT PURPORT TO SUMMARIZE ALL THE CONDITIONS, COVENANTS, REPRESENTATIONS, WARRANTIES AND OTHER PROVISIONS WHICH WOULD BE CONTAINED IN DEFINITIVE LEGAL DOCUMENTATION FOR THE FACILITIES CONTEMPLATED HEREIN.

Mombo1•

Accepted on this 	day of 	

_,2025.

4	 SeacoastBank

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>	Seacoast National Bank

Shingle Creek Development District

By: 		_

Printed Name: 	 _

Membor

Section VII

April 2, 2025

Shingle Creek Community Development District c/o Adam Morgan
135 W Central Blvd., Ste 320
Orlando, FL 32801

RE:	Proposal for Environmental Consulting Services London Creek Ranch Property
Polk County, Florida
Dear Mr. Morgan,
Austin Ecological Consultants, LLC (AEC) has prepared this proposal to provide continuing vegetation maintenance within London Creek Ranch in Polk County, Florida, for the fiscal year starting October 1, 2025 and ending on
September 30, 2026. These services will support permit compliance on the 840(+/-) acre property. Accordingly, AEC will provide the following:
Scope of Services:
Site Inspections
AEC will conduct periodic site inspections of London Creek Ranch. During the periodic site inspections, areas of nuisance and/or exotic vegetation will be recorded using a handheld GPS unit to create a “maintenance map” that will support the vegetation maintenance events. The site visits will allow an opportunity to evaluate the effectiveness of vegetation maintenance, identify areas of significant hog
damage, identify unauthorized access, and evaluate the site for issues that could affect permit compliance and mitigation value.
Vegetation Maintenance
AEC will provide vegetation maintenance within all areas of the property. Emphasis will be placed on the control and eradication of nuisance and exotic plant species, with a holistic view to supporting and maintaining the existing mitigation value within the property. The primary goal of the vegetation maintenance will be compliance with SFWMD and ACOE permit conditions.

Trail and Structure Maintenance – One Time Event
AEC will drive all onsite trails and cut back vegetation and limbs, as necessary, to allow for reasonable access. All trails will be marked with vinyl surveyors’ tape or other trail markers to provide visual cues, as needed. AEC will also inspect all existing riser structures and replace rotted wood riser-boards, as necessary, to maintain proper water levels within wetland enhancement areas. AEC will provide all tools, labor, lumber, and materials necessary for completion of this task.
Agency Coordination
AEC will coordinate with SFWMD and/or the ACOE, as needed, to verify permit compliance. This service may include meeting(s) and/or site visit(s) with agency personnel.
Limitations to Scope of Work:
Shingle Creek CDD will insure vehicular access to the site. All herbicide applications will be performed under the supervision of an individual, licensed by the State of Florida for the use of restricted-use aquatic herbicides.
Insurance Coverage: AEC maintains $1,000,000 General Liability, $1,000,000 Personal Injury, $2,000,000 General aggregate, $2,000,000 Umbrella Liability, $2,000,000 Professional Liability, $1,000,000 Workers Comp. and $1,000,000 Auto Insurance. Any insurance requirements above these limits will be added to the project cost.
Professional Fee:
AEC will provide all services listed above for a fixed fee, including expenses, as identified in the following Table of Fees.

Table of Fees	
YEAR	ACTIVITY	MONTH	FEE	

1	Vegetation maintenance	MARCH – JUNE - SEPT	$29,100.00
($9,700 per event)	
	Site inspections and Maintenance	As Needed	$7,500.00
($2,500 per event)	
SUBTOTAL	$36,600.00	
ONE TIME EVENT – Maintenance of trail signs and obstructing vegetation	$3,500.00	
Agency coordination	$2,800.00	
TOTAL FEE	$42,900.00	

If you have any questions about this proposal, or the project in general, please do not hesitate to contact me.

Sincerely,
Randy L. Austin, M.S., President Austin Ecological Consultants, LLC
Z:\PROPOSALS\Polk\Misc\2 - London Creek Ranch\London Creek Ranch.2025.Proposal.docx

Proposal Acceptance Conditions
This proposal, upon execution by both parties, will serve as a binding contract between Austin Ecological Consultants, LLC and client.
If the client does not own the property containing the project site, a Notice to Owner may be submitted to the registered owner.
AEC will provide all approved services as an independent contractor.
Client agrees to pay for all services identified in the above Scope of Services, in accordance with the Professional Fee section.
Client shall provide access to the property for AEC employees and agents for purposes of the Scope of Services.
Client is responsible for all application fees for permits.
The client or the client’s authorized agent may be required to produce local government approvals, surveys, drawings, or details of the property to AEC. AEC shall consider, and shall be entitled to rely on, any information provided by the client to be accurate, complete and correct. If the client or their authorized agent supplies information that proves to be inaccurate, incomplete, or incorrect, AEC will not be held liable.
Services being provided under this proposal, or any other active contracts with client, will cease if any payment is not received within 35 days of the date of the invoice.
Austin Ecological Consultants, LLC will not be held liable for any direct or indirect damages or lost profits resulting to client from work stoppage due to non-payment of invoice(s) by client.
This agreement may be terminated by either party giving the other party ten (10) days written notice of intent to terminate.
If this contract is terminated by the client, the client is responsible for paying for all services and fees accumulated by Austin Ecological up to the date of termination of the contract.
If the collection of any sums due hereunder is placed in the hands of an attorney, Client agrees to reimburse all reasonable attorney's fees and costs relating thereto.
In the event of any legal or equitable action arising under this Agreement, the parties agree that jurisdiction and venue of such action shall lie exclusively within the state courts of Florida located in Osceola County, Florida, or the United States District Court for the Middle District of Florida, Orlando Division, and the parties specifically waive any other jurisdiction and venue.
The client has the full right, power, legal capacity and authority to enter into this Agreement and to carry out the terms hereof. If the client is not the owner of the property, then by signing below the Client warrants and represents that it has the authority to sign this Agreement on behalf of the owner of the property.
This Agreement does not imply or guarantee that efforts to obtain required permits and approvals will be successful.
AEC will have no responsibility for the discovery, handling, removal or disposal of any hazardous materials on the property.
Insurance requirements above AEC’s existing coverages will be added to the project cost.
ALL information listed below must be completed to initiate project.
Signature below indicates that client has reviewed and accepts all Proposal Acceptance Conditions.
This proposal is valid for 30 days.

Name (Please Print)	Signature

Title	Date

Company	Billing Address (Street number)

Phone Number	City, State, Zip Code

Fax or Email

Section VIII

Section B

Section 1

Sent Via Email: jlebrun@gmscfl.com

September 26, 2025

Mr. Jeremy LeBrun District Manager
Shingle Creek Community Development District c/o Governmental Management Services
219 East Livingston Street Orlando, Florida 32801

Subject:	Work Authorization 2026-1
Shingle Creek Community Development District District Engineering Services
Osceola County, Florida

Dear Mr. LeBrun:

Dewberry Engineers Inc. (Engineer) is pleased to submit this work order to provide professional consulting services for the Shingle Creek Community Development District (District). We will provide these services pursuant to our current agreement (“District Engineer Agreement”) as follows:

With this information in mind, we propose the following tasks and corresponding fees:

General Engineering Services

The District will engage the services of Dewberry Engineers Inc. (Engineer) as District Engineer to perform those services as necessary, pursuant to the District Engineering Agreement, including attendance at Board of Supervisors meetings, review and approval of requisitions, or other activities as directed by the District’s Board of Supervisors.

Our fee for this task will be based on time and materials, in accordance with the enclosed Schedule of Charges. The referenced Schedule of Charges is valid for fiscal year 2026 only. We estimate a budget of $15,000, plus other direct costs.

Other Direct Costs

Other direct costs include items such as printing, drawings, travel, deliveries, et cetera. This does not include any of the application fees for the various agencies, which are the owner’s responsibility and have not been accounted for in this proposal. We estimate a budget of $100.

Additional Services

Any Additional Services requested that are not a part of this work authorization will be invoiced either on a time and materials basis, in accordance with the enclosed Schedule of Charges, or on a mutually agreed upon fee. Authorization under this task must be in writing.

Mr. Jeremy LeBrun
Shingle Creek at Bronson CDD Work Authorization #2026-1
September 26, 2025

This Work Authorization, together with the referenced Engineering Agreement, represents the entire understanding between the District and the Engineer with regard to the referenced work authorization. If you wish to accept this work authorization, please sign where indicated and return one complete copy to Aimee Powell, Administrative Assistant in our Orlando office at 800 N. Magnolia Avenue, Suite 1000, Orlando, Florida 32803 (or via email at apowell@dewberry.com). Upon receipt, we will promptly schedule our services.

Thank you for choosing Dewberry Engineers Inc. We look forward to working with you and your staff. Sincerely,

Joey V. Duncan, PE	Reinardo Malavé, P.E.
Principal Engineer	Associate Vice President

JD:RM:ap
Q:\Shingle Creek CDD - 50183303\Adm\Correspondence\AAS\Shingle Creek CDD\Shingle Creek CDD FY2026 District Engineering Services_09-26-2025
Enclosures

APPROVED AND ACCEPTED

By: 		 Authorized Representative of
Shingle Creek Community Development District Date: 	

Attachment A

STANDARD HOURLY BILLING RATE SCHEDULE
Professional/Technical/Construction/Surveying Services

LABOR CLASSIFICATION	HOURLY RATES	
Professional		
Engineer I, II, III	$125.00, $140.00, $160.00	
Engineer IV, V, VI	$185.00, $210.00, $240.00	
Engineer VII, VIII, IX	$270.00, $300.00, $335.00	
Environmental Specialist I, II, III	$110.00, $135.00, $160.00	
Senior Environmental Scientist IV, V, VI	$175.00, $195.00, $220.00	
Planner I, II, III	$110.00, $135.00, $160.00	
Senior Planner IV, V, VI	$175.00, $195.00, $220.00	
Landscape Designer I, II, III	$110.00, $135.00, $160.00	
Senior Landscape Architect IV, V, VI	$175.00, $195.00, $220.00	
Principal	$375.00	
Technical		
CADD Technician I, II, III, IV, V	$90.00, $110.00, $130.00, $145.00, $190.00	
Designer I, II, III	$110.00, $140.00, $170.00	
Designer IV, V, VI	$190.00, $210.00, $245.00	
Construction		
Construction Professional I, II, III	$125.00, $160.00, $190.00	
Construction Professional IV, V, VI, VII	$225.00, $255.00, $305.00, $340.00	
Survey		
Surveyor I, II, III	$70.00, $85.00, $110.00	
Surveyor IV, V, VI	$130.00, $145.00, $160.00	
Surveyor VII, VIII, IX	$180.00, $210.00, $255.00	
Senior Surveyor IX	$310.00	
Fully Equipped 1, 2, 3 Person Field Crew	$160.00, $200.00, $270.00	
Administration		
Administrative Professional I, II, III, IV	$72.00, $105.00, $125.00, $155.00	
Other Direct Costs (Printing, Postage, Etc.)	Cost + 15%	

Company Confidential and Proprietary: Use or disclosure of data contained on this sheet is subject to restriction on the title page of this report.
Revised 06-01-25\Subject to Revision\Standard Hourly Billing Rate Schedule

Section C

Section 1

Shingle Creek
Community Development District

Summary of Invoices

July 28, 2025 - September 29, 2025

Fund	Date	Check No.'s	Amount	
General Fund	
7/31/25	
1039	
$	2,967.50	
	8/7/25	1040-1041	25,417.10	
	8/14/25	1042-1044	6,890.91	
	8/21/25	1045-1046	9,189.60	
	8/27/25	1047	1,310.00	
	9/3/25	1048	24,588.63	
	9/10/25	1049	1,325.00	
	9/18/25	1050-1053	8,054.58	
	9/22/25	1054	26,999.00	
	9/25/25	1055	290.00	
			$	107,032.32	
Payroll	
August 2025			
	Adam Morgan	50075	$	184.70	
	Daniel Navarra	50076	184.70	
	Patrick Bonin Jr.	50077	184.70	
			$	554.10	
	TOTAL		$	107,586.42	

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	9/29/25	PAGE	1
*** CHECK DATES 07/28/2025 - 09/29/2025 ***	GENERAL FUND
BANK A GENERAL FUND
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
7/31/25 00043	7/22/25 22456189 202506 310-51300-31100	*	975.00
BOS MEETING/REVIEW AGENDA
7/22/25 22456219 202506 310-51300-31100	*	1,992.50
2025 ANNUAL REPORT
DEWBERRY ENGINEERS INC	2,967.50 001039
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/07/25 00007	8/01/25 112584	202508 320-53800-47000	*	1,325.00
WATERWAY MAINT AUG25
AQUATIC WEED CONTROL, INC.	1,325.00 001040
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/07/25 00023	8/01/25 148975	202508 320-53800-46200	*	24,092.10
LANDSCAPE MAINT AUG25
DOWN TO EARTH LAWNCARE II, INC	24,092.10 001041
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/14/25 00011	8/01/25 244	202508 320-53800-12000	*	1,460.83
FIELD MANAGEMENT AUG25
8/01/25 245	202508 310-51300-34000	*	3,750.00
MANAGEMENT FEES AUG25
8/01/25 245	202508 310-51300-35200	*	105.00
WEBSITE ADMIN AUG25
8/01/25 245	202508 310-51300-35100	*	157.50
INFORMATION TECH AUG25
8/01/25 245	202508 310-51300-31300	*	612.50
DISSEMINATION FEE AUG25
8/01/25 245	202508 310-51300-51000	*	.18

202508 310-51300-42000	*	13.30	
202508 310-51300-42500	*	26.10	

OFFICE SUPPLIES 8/01/25 245
POSTAGE 8/01/25 245
COPIES
GOVERNMENTAL MANAGEMENT SERVICES	6,125.41 001042
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/14/25 00016	8/12/25 143010	202507 310-51300-31500	*	171.00
FORM 1/1F REQ/APPOINTMNT
LATHAM, LUNA, EDEN & BEAUDINE, LLP	171.00 001043
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/14/25 00013	7/17/25 12146878 202507 310-51300-48000	*	594.50
NOT.PUB HEAR/FY25/26 BDGT
TRIBUNE PUBLISHING COMPANY, LLC DBA	594.50 001044
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/21/25 00014	8/14/25 2991	202507 320-53800-46300	*	8,700.00
SUMMER 2025 MAINT EVENT
AUSTIN ECOLOGICAL CONSULTANTS LLC	8,700.00 001045
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/21/25 00023	8/14/25 151073	202508 320-53800-46400	*	489.60
RPLC DECODER/SOLENOID/POP
DOWN TO EARTH LAWNCARE II, INC	489.60 001046
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
SHIN SHINGLE CREEK	TVISCARRA

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	9/29/25	PAGE	2
*** CHECK DATES 07/28/2025 - 09/29/2025 ***	GENERAL FUND
BANK A GENERAL FUND
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
8/27/25 00043	8/21/25 22459820 202507 310-51300-31100	*	1,310.00
2025 ANNUAL REPORT-JUL25
DEWBERRY ENGINEERS INC	1,310.00 001047
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/03/25 00023	9/01/25 152331	202509 320-53800-46200	*	24,092.10
LANDSCAPE MAINT SEP25
9/02/25 153339	202508 320-53800-46400	*	496.53
RPLC 12 POPUP/ROTOR/ZN LN
DOWN TO EARTH LAWNCARE II, INC	24,588.63 001048
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/10/25 00007	9/01/25 113631	202509 320-53800-47000	*	1,325.00
WATERWAY MAINT SEP25
AQUATIC WEED CONTROL, INC.	1,325.00 001049
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/18/25 00011	9/01/25 248	202509 320-53800-12000	*	1,460.83
FILED MANAGEMENT SEP25
9/01/25 248A	202507 310-51300-42000	*	1.02
USPS-MAIL 941 FORM TO IRS
9/01/25 249	202509 310-51300-34000	*	3,750.00
MANAGEMENT FEES SEP25
9/01/25 249	202509 310-51300-35200	*	105.00
WEBSITE ADMIN SEP25
9/01/25 249	202509 310-51300-35100	*	157.50
INFORMATION TECH SEP25
9/01/25 249	202509 310-51300-31300	*	612.50
DISSEMINATION FEE SEP25
9/01/25 249	202509 310-51300-51000	*	.15
OFFICE SUPPLIES
9/01/25 249	202509 310-51300-42000	*	3.46
POSTAGE
GOVERNMENTAL MANAGEMENT SERVICES	6,090.46 001050
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/18/25 00016	9/15/25 144997	202508 310-51300-31500	*	1,768.86
MTG/DTE/AWC AGREE/BOS REQ
LATHAM, LUNA, EDEN & BEAUDINE, LLP	1,768.86 001051
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/18/25 00012	9/15/25 09152025 202509 300-20700-10000	*	109.05
FY25 DEBT SRVC SER2015
SHINGLE CREEK CDD C/O REGIONS BANK	109.05 001052
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/18/25 00012	9/15/25 09152025 202509 300-20700-10100	*	86.21
FY25 DEBT SRVC SER2019
SHINGLE CREEK CDD C/O REGIONS BANK	86.21 001053
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/22/25 00003	9/19/25 29763	202509 300-15500-10000	*	12,554.00
FY26 GEN.LIAB/PUBLIC OFFC
SHIN SHINGLE CREEK	TVISCARRA

AP300R
*** CHECK DATES	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER
BANK A GENERAL FUND		RUN	9/29/25	PAGE	3	
CHECK	VEND# DATE	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS		AMOUNT	....CHECK..... AMOUNT	#	
	9/19/25 29763	202509 300-15500-10000	*
EGIS INSURANCE ADVISORS LLC		14,445.00	
26,999.00 001054	
- - - - - - - - 9/25/25 00043	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/22/25 22463152 202508 310-51300-31100	*
DEWBERRY ENGINEERS INC	-	- - - - - - -	- - - - - - - -

290.00 001055	
- - - - - - - -	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	-	- - - - - - -	- - - - - - - -	
	TOTAL FOR BANK A		107,032.32		
	TOTAL FOR REGISTER		107,032.32		

07/28/2025 - 09/29/2025 ***	GENERAL FUND

FY26 PROPERTY INSURANCE

REV.AGDA/MTG/ANNUAL RPRT

290.00

SHIN SHINGLE CREEK	TVISCARRA

Section 2

Shingle Creek
Community Development District

Unaudited Financial Reporting
August 31, 2025

Table of Contents

1

2-3

4

5

6

7

8

9

Balance Sheet

General Fund Income Statement

Capital Reserve Fund

Debt Service Fund Series 2015 Income Statement

Debt Service Fund Series 2019 Income Statement

Month to Month

Long Term Debt Summary

Assessment Receipt Schedule

Shingle Creek
Community Development District Balance Sheet
August 31, 2025

	General Fund	Capital Reserve Fund	Debt Service Fund	Totals Governmental Funds	
Assets:
Cash - Truist Bank	

$	85,534	

$	202,271	

$	-	

$	287,805	
Investments:					
Series 2015					
Reserve	-	-	729,521	729,521	
Revenue	-	-	1,468,016	1,468,016	
Interest	-	-	112	112	
Sinking Fund	-	-	261	261	
Redemption	-	-	1,857	1,857	
Series 2019					
Reserve	-	-	576,790	576,790	
Revenue	-	-	679,508	679,508	
Interest	-	-	93	93	
Sinking Fund	-	-	93	93	
Redemption	-	-	836	836	
Principal	-	-	832	832	
Prepaid Expenses	-	-	-	-	
State Board of Administration	260,129	671,435	-	931,564	
Due From General Fund	-	-	195	195	
Deposits	6,131	-	-	6,131	
Total Assets	$	351,795	$	873,706	$	3,458,116	$	4,683,616	
Liabilities:					
Accounts Payable	$	2,556	$	-	$	-	$	2,556	
Due to Debt Service 2015	109	-	-	109	
Due to Debt Service 2019	86	-	-	86	
Total Liabilities	$	2,752	$	-	$	-	$	2,752	

Fund Balances:					
Assigned For Debt Service 2015	$	-	$	-	$	2,199,877	$	2,199,877	
Assigned For Debt Service 2019	-	-	1,258,239	1,258,239	
Unassigned	349,043	-	-	349,043	
Total Fund Balances	$	349,043	$	873,706	$ 3,458,115.80	$	4,680,864	
					
Total Liabilities & Fund Equity	$	351,795	$	873,706	$	3,458,116	$	4,683,616	

Shingle Creek
Community Development District General Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance For The Period Ending August 31, 2025

Adopted	Prorated Budget	Actual	
Budget	Thru 08/31/25	Thru 08/31/25	Variance	

Revenues:		
Special Assessments	$	695,074	$	695,074	$	701,450	$	6,376	
Interest	12,000	11,000	14,010	3,010	
Total Revenues	$	707,074	$	706,074	$	715,460	$	9,386	
Expenditures:					
Administrative:					
Supervisor Fees	$	12,000	$	11,000	$	4,600	$	6,400	
FICA Expense	918	842	352	490	
Engineering Fees	15,000	13,750	7,048	6,703	
Attorney	25,000	22,917	12,010	10,906	
Arbitrage	1,100	550	550	-	
Dissemination	7,350	6,738	6,738	-	
Annual Audit	4,900	4,900	5,000	(100)	
Trustee Fees	7,000	7,000	10,500	*	(3,500)	
Assessment Administration	5,565	5,565	5,565	-	
Management Fees	45,000	41,250	41,250	-	
Information Technology	1,890	1,733	1,733	-	
Website Maintenance	1,260	1,155	1,155	-	
Telephone	200	183	-	183	
Postage	500	458	193	266	
Printing & Binding	500	458	58	401	
Insurance	12,175	12,175	11,843	332	
Legal Advertising	2,500	2,292	1,525	767	
Other Current Charges	600	550	516	34	
Office Supplies	200	183	9	175	
Property Appraiser Fee	1,100	223	223	-	
Property Taxes	700	700	629	71	
Dues, Licenses & Subscriptions	175	175	175	-	
Total Administrative:	$	145,633	$	134,796	$	111,670	$	23,126	

Shingle Creek
Community Development District General Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance For The Period Ending August 31, 2025

Adopted	Prorated Budget	Actual	
Budget	Thru 08/31/25	Thru 08/31/25	Variance	

Operations & Maintenance		
Field Services	$	17,530	$	16,069	$	16,069	$	0	
Property Insurance	19,500	19,500	17,736	1,764	
Electric	10,080	9,240	6,848	2,392	
Streetlights	107,100	98,175	92,875	5,300	
Water & Sewer	22,050	20,213	53,429	(33,216)	
Landscape Maintenance	308,285	282,595	265,013	17,581	
Landscape Contingency	15,000	13,750	1,725	12,025	
London Creek Ranch Maintenance	32,100	29,425	21,400	8,025	
Lake Maintenance	17,000	15,583	14,575	1,008	
Lake Contingency	1,250	1,146	-	1,146	
Drainage R&M	2,500	2,292	-	2,292	
Irrigation Repairs	25,000	22,917	5,702	17,214	
Lighting Maintenance	2,500	2,292	831	1,461	
Repairs & Maintenance	10,000	9,167	11,135	(1,968)	
Pressure Washing	5,000	4,583	2,100	2,483	
Contingency	7,500	6,875	-	6,875	
Hurricane Expenses	-	-	5,725	(5,725)	
Total Operations & Maintenance:	$	602,395	$	553,820	$	515,164	$	38,656	
Reserves					
Capital Reserve Transfer	$	67,235	$	67,235	$	67,235	$	-	
Total Reserves	$	67,235	$	67,235	$	67,235	$	-	
					
Total Expenditures	$	815,263	$	755,852	$	694,069	$	61,783	
					
Excess Revenues (Expenditures)	$	(108,189)		$	21,391		
					
Fund Balance - Beginning	$	108,189		$	327,651		
					
Fund Balance - Ending	$	-		$	349,043		

*Includes FY24 Series 2015 fees					

Shingle Creek
Community Development District Capital Reserve
Statement of Revenues, Expenditures, and Changes in Fund Balance For The Period Ending August 31, 2025

Adopted	Prorated Budget	Actual	
Budget	Thru 08/31/25	Thru 08/31/25	Variance	

Revenues:		
Transfer In	$	67,235	$	67,235	$	67,235	$	-	
Interest	24,000	22,000	26,988	4,988	
Total Revenues	$	91,235	$	89,235	$	94,223	$	4,988	

Expenditures:					
Contingency	$	600	$	550	$	439	$	111	
Capital Outlay	-	-	19,980	(19,980)	
Total Expenditures	$	600	$	550	$	20,419	$	(19,980)	
					
Excess Revenues (Expenditures)	$	90,635	$	88,685	$	73,804		
					
Fund Balance - Beginning	$	745,959		$	799,902		
					
Fund Balance - Ending	$	836,594		$	873,706		

Shingle Creek
Community Development District Debt Service Fund - Series 2015
Statement of Revenues, Expenditures, and Changes in Fund Balance For The Period Ending August 31, 2025

Adopted	Prorated Budget	Actual	
Budget	Thru 08/31/25	Thru 08/31/25	Variance	

Revenues:		
Special Assessments	$	1,434,037	$	1,434,037	$	1,447,199	$	13,162	
Interest	60,000	55,000	84,506	29,506	
Total Revenues	$	1,494,037	$	1,489,037	$	1,531,705	$	42,668	

Expenditures:					
Series 2015
Interest - 11/01	

$	479,930	

$	479,930	

$	479,930	

$	-	
Principal - 11/01	470,000	470,000	470,000	-	
Interest - 05/01	469,355	469,355	469,355	-	
Total Expenditures	$	1,419,285	$	1,419,285	$	1,419,285	$	-	

Other Sources/(Uses)					
Transfer In/(Out)	$	-	$	-	$	-	$	-	
Total Other Financing Sources (Uses)	$	-	$	-	$	-	$	-	
					
Excess Revenues (Expenditures)	$	74,752		$	112,420		
					
Fund Balance - Beginning	$	1,313,241		$	2,087,457		
					
Fund Balance - Ending	$	1,387,993		$	2,199,877		

Shingle Creek
Community Development District Debt Service Fund - Series 2019
Statement of Revenues, Expenditures, and Changes in Fund Balance For The Period Ending August 31, 2025

	Adopted	Prorated Budget	Actual		
	Budget	Thru 08/31/25	Thru 08/31/25	Variance	
Revenues:					
Special Assessments	$	1,133,601	$	1,133,601	$	1,144,005	$	10,404	
Interest	48,000	44,000	55,811	11,811	
Total Revenues	$	1,181,601	$	1,177,601	$	1,199,817	$	22,216	

Expenditures:					
Series 2019
Interest - 11/01	

$	391,019	

$	391,019	

$	391,019	

$	-	
Principal - 05/01	355,000	355,000	355,000	-	
Interest - 05/01	391,019	391,019	391,019	-	
Total Expenditures	$	1,137,038	$	1,137,038	$	1,137,038	$	-	

Other Sources/(Uses)					
Transfer In/(Out)	$	-	$	-	$	-	$	-	
Total Other Financing Sources (Uses)	$	-	$	-	$	-	$	-	
					
Excess Revenues (Expenditures)	$	44,563		$	62,779		
					
Fund Balance - Beginning	$	592,093		$	1,195,459		
					
Fund Balance - Ending	$	636,656		$	1,258,239		

Shingle Creek
Community Development District Month to Month
	Oct	Nov	Dec	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sept	Total	
Revenues:														
Special Assessments	$	-	$	92,499 $	483,701 $	23,421 $	21,172 $	10,486 $	25,264 $	10,260 $	34,595 $	53  $	-	$	-	$	701,450	
Interest	796	620	1,050	1,857	1,671	1,845	1,342	1,276	1,236	1,280	1,036	-	14,010	
Total Revenues	$	796  $  93,119  $  484,751  $  25,278  $  22,843  $  12,331  $  26,606  $  11,536  $  35,831  $	1,332  $	1,036  $	-	$	715,460	

Expenditures:					
Administrative:
Supervisor Fees	
$	800  $	-	$	800  $	-	$	800  $	-	$	800  $	-	$	800  $	-	$	600  $	-	$	4,600	
FICA Expense	61	-	61	-	61	-	61	-	61	-	46	-	352	
Engineering Fees	505	-	675	-	650	-	650	-	2,968	1,310	290	-	7,048	
Attorney	3,945	200	398	426	616	812	1,022	628	2,024	171	1,769	-	12,010	
Arbitrage	-	-	-	-	-	-	550	-	-	-	-	-	550	
Dissemination	613	613	613	613	613	613	613	613	613	613	613	-	6,738	
Annual Audit	-	-	-	-	-	-	-	5,000	-	-	-	-	5,000	
Trustee Fees	-	-	3,500	-	-	3,500	3,500	-	-	-	-	-	10,500	
Assessment Administration	5,565	-	-	-	-	-	-	-	-	-	-	-	5,565	
Management Fees	3,750	3,750	3,750	3,750	3,750	3,750	3,750	3,750	3,750	3,750	3,750	-	41,250	
Information Technology	158	158	158	158	158	158	158	158	158	158	158	-	1,733	
Website Maintenance	105	105	105	105	105	105	105	105	105	105	105	-	1,155	
Telephone	-	-	-	-	-	-	-	-	-	-	-	-	-	
Postage	13	15	14	6	17	55	2	13	11	35	13	-	193	
Printing & Binding	-	-	-	-	3	-	19	-	4	6	26	-	58	
Insurance	11,843	-	-	-	-	-	-	-	-	-	-	-	11,843	
Legal Advertising	-	-	-	-	-	238	216	238	238	595	-	-	1,525	
Other Current Charges	56	41	56	41	44	44	44	59	44	44	43	-	516	
Office Supplies	0	0	0	7	0	0	0	0	0	0	0	-	9	
Property Appraiser Fee	-	-	-	223	-	-	-	-	-	-	-	-	223	
Property Taxes	-	629	-	-	-	-	-	-	-	-	-	-	629	
Dues, Licenses & Subscriptions	175	-	-	-	-	-	-	-	-	-	-	-	175	
Total Administrative:	$  27,588  $	5,510  $  10,129  $	5,327  $	6,816  $	9,274  $  11,488  $  10,563  $  10,775  $	6,786  $	7,413  $	-	$	111,670	

Operations & Maintenance
Field Services	

$	1,461 $	1,461 $	1,461 $	1,461 $	1,461 $	1,461 $	1,461 $	1,461 $	1,461 $	1,461 $	1,461 $	-	$	16,069	
Property Insurance	17,736	-	-	-	-	-	-	-	-	-	-	-	17,736	
Electric	625	630	494	623	624	631	640	647	667	664	603	-	6,848	
Streetlights	8,431	8,431	8,431	8,431	8,431	8,431	8,431	8,473	8,473	8,472	8,442	-	92,875	
Water & Sewer	7,440	4,103	5,191	7,426	7,426	5,416	2,596	4,351	2,986	3,744	2,746	-	53,429	
Landscape Maintenance	24,092	24,092	24,092	24,092	24,092	24,092	24,092	24,092	24,092	24,092	24,092	-	265,013	
Landscape Contingency	-	-	-	-	-	-	-	-	-	1,725	-	-	1,725	
London Creek Ranch Maintenance	-	-	-	-	2,000	8,700	-	-	2,000	8,700	-	-	21,400	
Lake Maintenance	1,325	1,325	1,325	1,325	1,325	1,325	1,325	1,325	1,325	1,325	1,325	-	14,575	
Lake Contingency	-	-	-	-	-	-	-	-	-	-	-	-	-	
Drainage R&M	-	-	-	-	-	-	-	-	-	-	-	-	-	
Irrigation Repairs	-	-	-	-	1,355	-	961	965	1,097	338	986	-	5,702	
Lighting Maintenance	-	-	-	-	831	-	-	-	-	-	-	-	831	
Repairs & Maintenance	4,160	-	-	-	-	6,975	-	-	-	-	-	-	11,135	
Pressure Washing	-	-	-	-	2,100	-	-	-	-	-	-	-	2,100	
Contingency	-	-	-	-	-	-	-	-	-	-	-	-	-	
Hurricane Expenses	5,725	-	-	-	-	-	-	-	-	-	-	-	5,725	
Total Operations & Maintenance:	$  70,995  $  40,042  $  40,994  $  43,358  $  49,645  $  57,031  $  39,507  $  41,315  $  42,102  $  50,521  $  39,655  $	-	$	515,164	

Reserves					
Capital Reserve Transfer	$	-	$	-	$	67,235 $	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	67,235	
Total Reserves	$	-	$	-	$  67,235  $	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	67,235	
					
Total Expenditures	$  98,583  $  45,552  $  118,358  $  48,685  $  56,461  $  66,305  $  50,995  $  51,878  $  52,877  $  57,307  $  47,068  $	-	$	694,069	

Excess Revenues (Expenditures)

$	(97,786) $	47,567 $  366,393 $	(23,407) $	(33,618) $	(53,974) $	(24,390) $	(40,342) $	(17,046) $	(55,974) $	(46,032) $

-	$

21,391

Shingle Creek
Community Development District Long Term Debt Report

SERIES 2015, SPECIAL ASSESSMENT REVENUE BONDS		
INTEREST RATES:	3.625%, 4.500%, 5.125%, 5.400%		
MATURITY DATE:	11/1/2045		
RESERVE FUND DEFINITION	50% OF MAXIMUM ANNUAL DEBT SERVICE		
RESERVE FUND REQUIREMENT	$716,689		
RESERVE FUND BALANCE	$729,521		
BONDS OUTSTANDING - 9/30/15	$21,465,000	
LESS: PRINCIPAL PAYMENT - 11/1/16	($345,000)	
LESS: PRINCIPAL PAYMENT - 11/1/17	($360,000)	
LESS: PRINCIPAL PAYMENT - 11/1/18	($370,000)	
LESS: PRINCIPAL PAYMENT - 11/1/19	($385,000)	
LESS: PRINCIPAL PAYMENT - 11/1/20	($400,000)	
LESS: PRINCIPAL PAYMENT - 11/1/21	($415,000)	
LESS: PRINCIPAL PAYMENT - 11/1/22	($430,000)	
LESS: PRINCIPAL PAYMENT - 11/1/23	($450,000)	
LESS: PRINCIPAL PAYMENT - 11/1/24	($470,000)	
CURRENT BONDS OUTSTANDING	$17,840,000	

SERIES 2019, SPECIAL ASSESSMENT REVENUE BONDS		
INTEREST RATES:	3.625%, 4.000%, 4.750%, 5.000%		
MATURITY DATE:	5/1/2049		
RESERVE FUND DEFINITION	50% OF MAXIMUM ANNUAL DEBT SERVICE		
RESERVE FUND REQUIREMENT	$566,645		
RESERVE FUND BALANCE	$576,790		
BONDS OUTSTANDING - 2/27/19	$17,895,000	
LESS: PRINCIPAL PAYMENT - 05/1/20	($295,000)	
LESS: PRINCIPAL PAYMENT - 05/1/21	($305,000)	
LESS: PRINCIPAL PAYMENT - 05/1/22	($320,000)	
LESS: PRINCIPAL PAYMENT - 05/1/23	($330,000)	
LESS: PRINCIPAL PAYMENT - 05/1/24	($345,000)	
LESS: PRINCIPAL PAYMENT - 05/1/25	($355,000)	
CURRENT BONDS OUTSTANDING	$15,945,000	

Shingle Creek
COMMUNITY DEVELOPMENT DISTRICT
Special Assessment Receipts Fiscal Year 2025

Gross Assessments	$	739,436.92	$ 1,525,571.18	$ 1,205,958.18	$  3,470,966.28	
Net Assessments	$	695,070.70	$ 1,434,036.91	$ 1,133,600.69	$  3,262,708.30	
ON ROLL ASSESSMENTS
21.30%	43.95%	34.74%	100.00%

Date	
Distribution	
Gross Amount	
Commissions	
Discount/Penalty	
Interest	
Net Receipts	
O&M Portion	2015 Debt Service Asmt	2019 Debt Service Asmt	
Total	

11/18/24	
ACH	
$36,611.72	
$699.50	
$1,636.54	
$0.00	
$34,275.68	
$7,301.92	
$15,064.97	
$11,908.80	
$34,275.69	
11/22/24	ACH	$425,085.96	$8,161.67	$17,002.76	$0.00	$399,921.53	$85,197.24	$175,774.90	$138,949.39	$399,921.53	
12/10/24	ACH	$529.19	$10.58	$0.00	$0.00	$518.61	$110.48	$227.94	$180.19	$518.61	
12/11/24	ACH	$2,314,131.40	$44,431.39	$92,561.79	$0.00	$2,177,138.22	$463,806.40	$956,903.37	$756,428.45	$2,177,138.22	
12/20/24	ACH	$97,984.70	$1,895.27	$3,222.36	$0.00	$92,867.07	$19,783.93	$40,817.26	$32,265.89	$92,867.08	
01/09/24	ACH	$18,412.12	$357.49	$536.80	$0.00	$17,517.83	$3,731.91	$7,699.50	$6,086.42	$17,517.83	
01/09/25	ACH	$94,710.74	$1,837.39	$2,841.31	$0.00	$90,032.04	$19,179.97	$39,571.20	$31,280.88	$90,032.05	
01/28/25	ACH	$0.00	$0.00	$0.00	$2,391.60	$2,391.60	$509.49	$1,051.16	$830.94	$2,391.59	
02/10/25	ACH	$2,477.15	$49.54	$0.00	$0.00	$2,427.61	$517.17	$1,066.99	$843.45	$2,427.61	
02/10/25	ACH	$100,953.24	$1,978.68	$2,019.24	$0.00	$96,955.32	$20,654.87	$42,614.14	$33,686.31	$96,955.32	
03/11/25	ACH	$2,193.15	$0.00	$43.87	$0.00	$2,149.28	$457.87	$944.66	$746.75	$2,149.28	
03/11/25	ACH	$48,530.72	$960.64	$498.68	$0.00	$47,071.40	$10,027.85	$20,688.99	$16,354.56	$47,071.40	
04/09/25	ACH	$16,927.11	$338.52	$0.00	$0.00	$16,588.59	$3,533.95	$7,291.07	$5,763.57	$16,588.59	
04/09/25	ACH	$103,746.84	$2,074.30	$32.36	$0.00	$101,640.18	$21,652.90	$44,673.25	$35,314.03	$101,640.18	
04/30/25	ACH	$0.00	$0.00	$0.00	$361.86	$361.86	$77.09	$159.05	$125.73	$361.87	
05/12/25	ACH	$3,182.66	$63.64	$0.00	$0.00	$3,119.02	$664.46	$1,370.88	$1,083.68	$3,119.02	
05/12/25	ACH	$45,959.20	$919.20	$0.00	$0.00	$45,040.00	$9,595.09	$19,796.14	$15,648.77	$45,040.00	
06/09/25	ACH	$350.57	$7.01	$0.00	$0.00	$343.56	$73.19	$151.00	$119.37	$343.56	
06/09/25	ACH	$21,325.68	$426.52	$0.00	$0.00	$20,899.16	$4,452.25	$9,185.67	$7,261.24	$20,899.16	
06/16/25	ACH	$144,028.64	$2,880.57	$0.00	$0.00	$141,148.07	$30,069.46	$62,037.89	$49,040.72	$141,148.07	
07/30/25	ACH	$0.00	$0.00	$0.00	$248.12	$248.12	$52.86	$109.05	$86.21	$248.12	
	TOTAL	$	3,477,140.79	$	67,091.91	$	120,395.71	$	3,001.58	$ 3,292,654.75	$	701,450.35	$ 1,447,199.08	$ 1,144,005.35	$  3,292,654.78	

100.92%
$	(29,946.45)

Net Percent Collected Balance Remaining to Collect