VERONA WALK COMMUNITY DEVELOPMENT
DISTRICT

COLLIER COUNTY Regular Board Meeting & Public Hearing
JULY 17, 2025
10:00 A.M.

Special District Services, Inc.
The Oaks Center 2501A Burns Road
Palm Beach Gardens, FL 33410

www.veronawalkcdd.org 561.630.4922 Telephone 877.SDS.4922 Toll Free 561.630.4923 Facsimile

AGENDA
VERONA WALK COMMUNITY DEVELOPMENT DISTRICT
Town Center at Verona Walk 8090 Sorrento Lane
Naples, Florida 34114
REGULAR BOARD MEETING & PUBLIC HEARING
July 17, 2025
10:00 a.m.
Call-In: 800-743-4099 Participant Passcode: 7423990

Call to Order
Pledge of Allegiance
Proof of Publication…	Page 1
Establish Quorum
Additions or Deletions to Agenda
Approval of Minutes
May 15, 2025 Regular Board Meeting…	Page 4
Public Hearing
Proof of Publication…	Page 8
Receive Public Comments on Fiscal Year 2025/2026 Final Budget
Consider Resolution No. 2025-02 – Adopting a Fiscal Year 2025/2026 Final Budget…	Page 11
Old Business
Update on CDD/HOA Maintenance Memo of Understanding
Update on Littoral Plantings – Peter Monti
New Business
Discussion Regarding Tree Removal Impacting Discharge Outlet
Discussion Regarding Lake Bank Restoration after Outfalls were Cleaned
Discussion Regarding Community Exhibit of Drains Cleaned	Page 19
Discussion Regarding Drain Inspection and Cleaning Annually – 44 Streets in VW
Premier Lakes – Quarterly Report
Consider Resolution No. 2025-03 – Adopting a Fiscal Year 2025/2026 Meeting Schedule…	Page 20
Administrative Matters
District Attorney Update
District Engineer Update
Field Inspector Update…	Page 22
District Manager Update
Financials…	Page 23
Upcoming Meetings
August 21, 2025
Comments from the Public
Board Member Comments
Adjourn

Publication Date 2025-06-26

Subcategory Miscellaneous Notices

Notice of Public Hearing
and Regular Board Meeting of the
Verona Walk Community Development District
The Board of Supervisors (the Board) of the Verona Walk Community Development District (the District) will hold a Public Hearing and Regular Board Meeting on July 17, 2025, at 10:00 a.m., or as soon thereafter as can be heard, at the Town Center at Verona Walk located at 8090 Sorrento Lane, Naples, Florida 34114.
The purpose of the Public Hearing is to receive public comment on the Fiscal Year 2025/2026 Budget of the District. The purpose of the Regular Board Meeting is for the Board to consider any other business which may properly come before it. A copy of the Budget and/or the Agenda may be obtained from the Districts website (www.veronawalkcdd.org) or at the offices of the District Manager, 2501A Burns Road, Palm Beach Gardens, Florida 33410, during normal business hours. The meetings are open to the public and will be conducted in accordance with the provisions of Florida law. Meetings may be continued as found necessary to a time and place specified on the record.
There may be occasions when one or more Supervisors will participate by telephone; therefore, a speaker telephone will be present at the meeting location so that Supervisors may be fully informed of the discussions taking place.
In accordance with the provisions of the Americans with Disabilities Act, any person requiring special accommodations or an interpreter to participate at these meetings should contact the District Manager at
(561) 630-4922 and/or toll-free at 1-877-737-4922, at least seven (7) days prior to the date of the meetings. If any person decides to appeal any decision made with respect to any matter considered at this Public Hearing and Regular Board Meeting, such person will need a record of the proceedings and such person may need to ensure that a verbatim record of the proceedings is made at their own expense and which record includes the testimony and evidence on which the appeal is based.
Meetings may be cancelled from time to time without advertised notice.
Verona Walk Community Development District www.veronawalkcdd.org
6/26, 7/3/25 11417900

Clerk of the Circuit Court and Comptroller - Crystal K. Kinzel
Collier County, Florida
3315 Tamiami Trail East, Ste. 102 - Naples, FL 34112-5324 Phone: (239) 252-2646

Affidavit of Publication
COLLIER COUNTY STATE OF FLORIDA
Before the undersigned authority personally appeared Jennifer Jiansen, who on oath says that he or she is a Deputy Clerk of the Circuit Court of Collier County, Florida; that the attached copy of advertisement, Verona Walk CDD - Notice of Public Hearing & Regular Board Meeting Guly 17, 2025) was published on the publically accessible website https://notices.collierclerk.com as designated by Collier County, Florida on 06/27/2025 until 07/05/2025.

Affiant further says that the website complies with all legal requirements for publication in chapter 50, Florida Statutes.

'•

(Deputy Clerk Printed Name)

	 7 /1/26
Date

Verona Walk Community Development District Notice of Public Hearing
and Regular Board Meeting (July 17, 2025)
The Board of Supervisors (the "Board") of the Verona Walk Community Development District (the "District") will hold a Public Hearing and Regular Board Meeting on July 17, 2025, at 10:00 a.m., or as soon thereafter as can be heard, at the Town Center at Verona Walk located at 8090 Sorrento Lane, Naples, Florida 34114.
The purpose of the Public Hearing is to receive public comment on the Fiscal Year 2025/2026 Budget of the District. The purpose of the Regular Board Meeting is for the Board to consider any other business which may properly come before it. A copy of the Budget and/or the Agenda may be obtained from the District's website (www.veronawalkcdd.org) or at the offices of the District Manager, 2501A Burns Road, Palm Beach Gardens, Florida 33410, during normal business hours. The meetings are open to the public and will be conducted in accordance with the provisions of Florida law. Meetings may be continued as found necessary to a time and place specified on the record.
There may be occasions when one or more Supervisors will participate by telephone; therefore, a speaker telephone will be present at the meeting location so that Supervisors may be fully informed of the discussions taking place.
In accordance with the provisions of the Americans with Disabiliti,es Act, any person requiring special accommodations or an interpreter to participate at these meetings should contact the District Manager at (561) 630-4922 and/or toll-free at 1-877-737- 4922, at least seven (7) days prior to the date of the meetings.
If any person decides to appeal any decision made with respect to any matter considered at this Public Hearing and Regular Board Meeting, such person will need a record of the proceedings and such person may need to ensure that a verbatim record of the proceedings is made at their own expense and which record includes the testimony and evidence on which the appeal is based.
Meetings may be cancelled from time to time without advertised notice. Verona Walk Community Development District www.veronawalkcdd.org
PUBLISH: COLLIER COUNTY WEBSITE: BEGINNING AT MIDNIGHT ON FRIDAY, 06/27/25 & EXPIRING AT MIDNIGHT ON SATURDAY, 07/05/25

VERONA WALK COMMUNITY DEVELOPMENT DISTRICT REGULAR BOARD MEETING
MAY 15, 2025

CALL TO ORDER

The May 15, 2025, Regular Board Meeting of the Verona Walk Community Development District (the “District”) was called to order at 10:00 a.m. at the Town Center at Verona Walk located at 8090 Sorrento Lane, Naples, Florida 34114.

PLEDGE OF ALLEGIANCE

PROOF OF PUBLICATION

Proof of publication was presented that notice of the Regular Board Meeting had been published in the Naples Daily News on October 7, 2024, as part of the District’s Fiscal Year 2024/2025 Meeting Schedule, as legally required.

ESTABLISH A QUORUM

It was determined that the attendance of the following Supervisors constituted a quorum and it was in order to proceed with the meeting:

Chairperson	Marilyn Czubkowski	Present	
Vice Chairman	Peter Monti	Present	
Supervisor	Roger Roy	Present	
Supervisor	Jack Hogan	Present	
Supervisor	Michael Kurzawski	Present	

Staff members in attendance were:

District Manager	Kathleen Meneely	Special District Services, Inc.	
General Counsel	Greg Urbancic	Coleman Yovanovich Koester	
Field Inspector	Bohdan Hirniak	Special District Services, Inc.	
District Engineer	Terry Cole (via phone)	Bowman Engineering	

Also present were the following:

Dan Shallow, Herb Czeschin, Christine Briggs, Beth Boland, Jimmy Rein and Gail Stein

ADDITIONS OR DELETIONS TO THE AGENDA

Mr. Monti requested the addition of a discussion on littoral plantings and it was the consensus of the Board to add this item under Board Member Comments.

Page 1 of 4

APPROVAL OF MINUTES
April 17, 2025, Regular Board Meeting

The April 17, 2025, Regular Board Meeting minutes were presented for approval.

A motion was made by Mr. Kurzawski, seconded by Mr. Roy and passed unanimously approving the minutes of the April 17, 2025, Regular Board Meeting, as presented.

OLD BUSINESS
Update on CDD/HOA Maintenance Memo of Understanding

Ms. Czubkowski advised that she was waiting to meet with the HOA President and has been collecting historical documents.

NEW BUSINESS
HOA Plans for Removal of Original Fountain Pump Mechanisms from Pond 2

Mr. Hogan indicated that given the water depth as being so low, he would like to ask the HOA to take the old fountain mechanical equipment out of the pond since it is no longer in use. Ms. Boland stated she would take a look at the hardware. Mr. Hogan asked what was being done with the pumps in Ponds 1 & 2 to keep the lakes artificially full. Mr. Hirniak indicated that the HOA staff member that was working on the issue was no longer with the community. He furthered that the pump was not working and needed a contractor to look at it. Ms. Boland stated that the HOA was dealing with pumps now and she would check the invoices to obtain a status. Mr. Hirniak stated he could speak with the HOA’s contractor if they need information. Ms. Czubkowski suggested that Mr. Hirniak take Ms. Boland around the community and explain the stormwater system so that she has a good background on it for the HOA.
ADMINISTRATIVE MATTERS
District Attorney Update

Mr. Urbancic stated that they were still monitoring the legislative session and would keep the Board informed if anything impacts special districts.
District Engineer Update
Update on Spot Check of Catch Basins
Mr. Cole stated that their staff had inspected over 50 catch basins and 30 or more have 6-inches of silt and will need cleaning as will 4 outfall pipes. He suggested the work be done soon and presented a proposal from Napier Sprinkler in the amount of $11,860. Ms. Czubkowski stated that the proposal did not include jettying, just manual cleaning. Mr. Cole went over the process and after discussion, a motion was made by Mr. Monti, seconded by Mr. Hogan and passed unanimously to proceed with the cleaning in an amount not-to-exceed $25,000 authorizing the Chair to sign additional proposals, if necessary, to complete the cleaning and jettying work. Mr. Hogan stated that he would like to see the District provide a preventive maintenance plan every year with varying sections. After further discussion, a motion was made by Mr. Hogan, seconded by Mr. Monti and passed unanimously directing the engineer to provide an annual preventive maintenance plan. Ms. Czubkowski stated she

Page 2 of 4

would collaborate with John, the District’s new engineer with Bowman, on developing such a plan for keeping the basins and outfall pipes clean.

Mr. Monti asked if there was any progress on the HOA performing the street sweeping. Ms. Czubkowski indicated that it was an ongoing issue that would be discussed once she meets with the HOA President. Mr. Cole reiterated that street sweeping should be done as it is a standard mentioned in the permit.

Mr. Cole stated that Tamarindo had requested historical information and that they will request coming before the Board, again, through Ms. Meneely, if they decide to do so.

Field Inspector Update

Mr. Hirniak noted that he looked at the plans for Tamarindo and they were not using Verona Walk’s as-built current plan in their designs. Ms. Meneely asked Mr. Hirniak to inform the engineer of his findings.

Mr. Hirniak went on to state that the lake levels were up 4-inches from recent rains but were still 20 inches lower than previous years due to below normal rainfall. He further stated that he believed it was time for Greenscapes to do lake bank mowing and Ms. Czubkowski stated that three cuts per year had been approved so just direct the contractor to move forward.

District Manager Update
Financials
Ms. Meneely went over the financials. There were no questions from the Board Members.

Upcoming Meetings

Ms. Meneely noted that the next meeting was scheduled for July 17, 2025, and would include the Public Hearing on the budget. Mr. Roy noted that he would not be available to make the July 17k, 2025, meeting, but Ms. Meneely confirmed that the rest of the Board would be present.

COMMENTS FROM THE PUBLIC

There were no comments from the public at this time.

BOARD MEMBER COMMENTS

Littorals – (Added)

Mr. Monti stated that the Board had authorized $2,500 about 6 months ago for a littoral planting project behind the Town Center. He noted that Advanced Aquatics was no longer interested in the project so he had Bill Kurth from Premier look at the area in order to switch vendors. He continued that Premier’s quote was approximately $1,600. There was a consensus of the Board to allow the switch in vendors. Ms. Czubkowski stated that this was the third time trying for a successful project and if it fails then such projects are not working.

Page 3 of 4

Mr. Hogan stated that Ms. Briggs had put out a great synopsis of the last meeting on Facebook and thanked her for posting it.

ADJOURNMENT

There being no further business to come before the Board, the Regular Board Meeting was adjourned at 10:43 a.m. on a motion made by Mr. Roy, seconded by Mr. Hogan and that motion carried unanimously.

Secretary/Assistant Secretary	Chair/Vice-Chair

Page 4 of 4

Publication Date 2025-06-26

Subcategory Miscellaneous Notices

Notice of Public Hearing
and Regular Board Meeting of the
Verona Walk Community Development District
The Board of Supervisors (the Board) of the Verona Walk Community Development District (the District) will hold a Public Hearing and Regular Board Meeting on July 17, 2025, at 10:00 a.m., or as soon thereafter as can be heard, at the Town Center at Verona Walk located at 8090 Sorrento Lane, Naples, Florida 34114.
The purpose of the Public Hearing is to receive public comment on the Fiscal Year 2025/2026 Budget of the District. The purpose of the Regular Board Meeting is for the Board to consider any other business which may properly come before it. A copy of the Budget and/or the Agenda may be obtained from the Districts website (www.veronawalkcdd.org) or at the offices of the District Manager, 2501A Burns Road, Palm Beach Gardens, Florida 33410, during normal business hours. The meetings are open to the public and will be conducted in accordance with the provisions of Florida law. Meetings may be continued as found necessary to a time and place specified on the record.
There may be occasions when one or more Supervisors will participate by telephone; therefore, a speaker telephone will be present at the meeting location so that Supervisors may be fully informed of the discussions taking place.
In accordance with the provisions of the Americans with Disabilities Act, any person requiring special accommodations or an interpreter to participate at these meetings should contact the District Manager at
(561) 630-4922 and/or toll-free at 1-877-737-4922, at least seven (7) days prior to the date of the meetings. If any person decides to appeal any decision made with respect to any matter considered at this Public Hearing and Regular Board Meeting, such person will need a record of the proceedings and such person may need to ensure that a verbatim record of the proceedings is made at their own expense and which record includes the testimony and evidence on which the appeal is based.
Meetings may be cancelled from time to time without advertised notice.
Verona Walk Community Development District www.veronawalkcdd.org
6/26, 7/3/25 11417900

Clerk of the Circuit Court and Comptroller - Crystal K. Kinzel
Collier County, Florida
3315 Tamiami Trail East, Ste. 102 - Naples, FL 34112-5324 Phone: (239) 252-2646

Affidavit of Publication
COLLIER COUNTY STATE OF FLORIDA
Before the undersigned authority personally appeared Jennifer Jiansen, who on oath says that he or she is a Deputy Clerk of the Circuit Court of Collier County, Florida; that the attached copy of advertisement, Verona Walk CDD - Notice of Public Hearing & Regular Board Meeting Guly 17, 2025) was published on the publically accessible website https://notices.collierclerk.com as designated by Collier County, Florida on 06/27/2025 until 07/05/2025.

Affiant further says that the website complies with all legal requirements for publication in chapter 50, Florida Statutes.

'•

(Deputy Clerk Printed Name)

	 7 /1/26
Date

Verona Walk Community Development District Notice of Public Hearing
and Regular Board Meeting (July 17, 2025)
The Board of Supervisors (the "Board") of the Verona Walk Community Development District (the "District") will hold a Public Hearing and Regular Board Meeting on July 17, 2025, at 10:00 a.m., or as soon thereafter as can be heard, at the Town Center at Verona Walk located at 8090 Sorrento Lane, Naples, Florida 34114.
The purpose of the Public Hearing is to receive public comment on the Fiscal Year 2025/2026 Budget of the District. The purpose of the Regular Board Meeting is for the Board to consider any other business which may properly come before it. A copy of the Budget and/or the Agenda may be obtained from the District's website (www.veronawalkcdd.org) or at the offices of the District Manager, 2501A Burns Road, Palm Beach Gardens, Florida 33410, during normal business hours. The meetings are open to the public and will be conducted in accordance with the provisions of Florida law. Meetings may be continued as found necessary to a time and place specified on the record.
There may be occasions when one or more Supervisors will participate by telephone; therefore, a speaker telephone will be present at the meeting location so that Supervisors may be fully informed of the discussions taking place.
In accordance with the provisions of the Americans with Disabiliti,es Act, any person requiring special accommodations or an interpreter to participate at these meetings should contact the District Manager at (561) 630-4922 and/or toll-free at 1-877-737- 4922, at least seven (7) days prior to the date of the meetings.
If any person decides to appeal any decision made with respect to any matter considered at this Public Hearing and Regular Board Meeting, such person will need a record of the proceedings and such person may need to ensure that a verbatim record of the proceedings is made at their own expense and which record includes the testimony and evidence on which the appeal is based.
Meetings may be cancelled from time to time without advertised notice. Verona Walk Community Development District www.veronawalkcdd.org
PUBLISH: COLLIER COUNTY WEBSITE: BEGINNING AT MIDNIGHT ON FRIDAY, 06/27/25 & EXPIRING AT MIDNIGHT ON SATURDAY, 07/05/25

RESOLUTION NO. 2025-02

A RESOLUTION OF THE VERONA WALK COMMUNITY DEVELOPMENT DISTRICT ADOPTING A FISCAL YEAR 2025/2026 BUDGET.

WHEREAS, the Verona Walk Community Development District (“District”) has prepared a Proposed Budget and Final Special Assessment Roll for Fiscal Year 2025/2026 and has held a duly advertised Public Hearing to receive public comments on the Proposed Budget and Final Special Assessment Roll; and,

WHEREAS, following the Public Hearing and the adoption of the Proposed Budget and Final Assessment Roll, the District is now authorized to levy non ad-valorem assessments upon the properties within the District.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE VERONA WALK COMMUNITY DEVELOPMENT DISTRICT THAT:

Section 1.	The Final Budget and Final Special Assessment Roll for Fiscal Year 2025/2026 attached hereto as Exhibit “A” is approved and adopted, and the assessments set forth therein shall be levied.

Section 2.	The Secretary of the District is authorized to execute any and all necessary transmittals, certifications or other acknowledgements or writings, as necessary, to comply with the intent of this Resolution.
PASSED, ADOPTED and EFFECTIVE this 17th day of July, 2025.

ATTEST:	VERONA WALK
COMMUNITY DEVELOPMENT DISTRICT

By:			By:		 Secretary/Assistant Secretary			Chairperson/Vice Chairperson

Verona Walk
Community Development District

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

CONTENTS

FINAL BUDGET

DETAILED FINAL BUDGET

DETAILED FINAL DEBT SERVICE FUND BUDGET (SERIES 2013)

DETAILED FINAL DEBT SERVICE FUND BUDGET (SERIES 2018)

ASSESSMENT COMPARISON

FINAL BUDGET
VERONA WALK COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2025/2026
OCTOBER 1, 2025 - SEPTEMBER 30, 2026

REVENUES	
FISCAL YEAR 2025/2026
BUDGET	
O & M ASSESSMENTS	448,974	
DEBT ASSESSMENTS - SERIES 2013	515,565	
DEBT ASSESSMENTS - SERIES 2018	580,455	
OTHER REVENUES	0	
INTEREST INCOME	1,800	
		
TOTAL REVENUES	$	1,546,794	
		
EXPENDITURES		
MAINTENANCE EXPENDITURES		
FIELD INSPECTOR	46,229	
VEHICLE - INSURANCE	1,000	
VEHICLE - EQUIPMENT (SMALL TOOLS)	1,545	
VEHICLE - GAS & MAINTENANCE	2,500	
GOLF CART STORAGE	1,500	
LAKE SPRAYING (PREMIER)	100,000	
LAKE WATER QUALITY TESTING (BENCHMARK)	6,000	
STREET SWEEPING	10,000	
SPECIAL PROJECTS	10,000	
LAKE BANK MOWING	65,650	
OUTFALL PIPE & STRUCTURE INSPECTION & CLEANING	10,000	
STORM PIPE, ANNUAL INSPECTIONS & EROSION REPAIRS	53,000	
DREDGING	1,000	
MISCELLANEOUS MAINTENANCE	1,250	
TOTAL MAINTENANCE EXPENDITURES	$	309,674	
		
ADMINISTRATIVE EXPENDITURES		
ENGINEERING	13,000	
MANAGEMENT	52,752	
SECRETARIAL	4,200	
LEGAL	15,000	
ASSESSMENT ROLL	10,000	
AUDIT FEES	4,300	
ARBITRAGE REBATE FEE - SERIES 2013	650	
ARBITRAGE REBATE FEE - SERIES 2018	650	
INSURANCE	7,800	
LEGAL ADVERTISING	2,495	
MISCELLANEOUS/CONTINGENCY	1,800	
POSTAGE	700	
OFFICE SUPPLIES	1,075	
DUES & SUBSCRIPTIONS	175	
WEBSITE MANAGEMENT	2,000	
TRUSTEE FEES - SERIES 2013	4,730	
TRUSTEE FEES - SERIES 2018	4,100	
CONTINUING DISCLOSURE FEE	1,000	
TOTAL ADMINISTRATIVE EXPENDITURES	$	126,427	
		
TOTAL EXPENDITURES	$	436,101	
		
REVENUES LESS EXPENDITURES	$	1,110,693	
		
BOND PAYMENTS (SERIES 2013)	(476,898)	
BOND PAYMENTS (SERIES 2018)	(536,921)	
		
BALANCE	$	96,874	
		
COUNTY APPRAISER & TA; COLLECTOR ADMINISTRATIVE COSTS	(53,302)	
DISCOUNTS FOR EARLY PAYMENTS	(62,572)	
		
EXCESS/ (SHORTFALL)	$	(19,000)	
		
CARRYOVER FROM PRIOR YEAR	19,000	
		
NET EXCESS/ (SHORTFALL)	$	-	

Note: Projected Available Funds Balance As Of 9-30-25 is $800,000

DETAILED FINAL BUDGET
VERONA WALK COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2025/2026
OCTOBER 1, 2025 - SEPTEMBER 30, 2026

REVENUES	
FISCAL YEAR 2023/2024 ACTUAL	
FISCAL YEAR 2024/2025 BUDGET	
FISCAL YEAR 2025/2026 BUDGET	

COMMENTS	
O & M ASSESSMENTS	312,737	448,974	448,974	Expenditures Less Interest & Carryover/.925	
DEBT ASSESSMENTS - SERIES 2013	515,725	515,565	515,565	Bond Payments/.925	
DEBT ASSESSMENTS - SERIES 2018	581,652	580,455	580,455	Bond Payments/.925	
OTHER REVENUES	0	0	0		
INTEREST INCOME	41,300	1,200	1,800	Interest Projected At $1,500 Per Month	
					
TOTAL REVENUES	$	1,451,414	$	1,546,194	$	1,546,794		
					
EXPENDITURES					
MAINTENANCE EXPENDITURES					
FIELD INSPECTOR	45,629	43,200	46,229	$3,852.45 Per Month	
VEHICLE - INSURANCE	0	1,000	1,000	No Change From 2024/2025 Budget	
VEHICLE - EQUIPMENT (SMALL TOOLS)	0	1,545	1,545	No Change From 2024/2025 Budget	
VEHICLE - GAS & MAINTENANCE	129	2,750	2,500	$250 Decrease From 2024/2025 Budget	
GOLF CART STORAGE	1,200	1,500	1,500	No Change From 2024/2025 Budget	
LAKE SPRAYING (PREMIER)	79,552	100,000	100,000	No Change From 2024/2025 Budget	
LAKE WATER QUALITY TESTING (BENCHMARK)	4,051	6,000	6,000	No Change From 2024/2025 Budget	
STREET SWEEPING	0	0	10,000	Street Sweeping	
SPECIAL PROJECTS	0	15,000	10,000	Includes Littoral Plantings	
LAKE BANK MOWING	10,675	65,650	65,650	Tri-Annual Lake Bank Mowing	
OUTFALL PIPE & STRUCTURE INSPECTION & CLEANING	0	5,000	10,000	$5,000 Increase From 2024/2025 Budget	
STORM PIPE, ANNUAL INSPECTIONS & EROSION REPAIRS	0	48,000	53,000	Include Pipe TV-Ing	
DREDGING	0	1,000	1,000	No Change From 2024/2025 Budget	
MISCELLANEOUS MAINTENANCE	1,999	1,250	1,250	No Change From 2024/2025 Budget	
TOTAL MAINTENANCE EXPENDITURES	$	143,235	$	291,895	$	309,674		
					
ADMINISTRATIVE EXPENDITURES					
ENGINEERING	4,759	13,500	13,000	$500 Decrease From 2024/2025 Budget	
MANAGEMENT	49,788	51,276	52,752	CPI Adjustment	
SECRETARIAL	4,200	4,200	4,200	No Change From 2024/2025 Budget	
LEGAL	8,703	15,000	15,000	No Change From 2024/2025 Budget	
ASSESSMENT ROLL	10,000	10,000	10,000	As Per Contract	
AUDIT FEES	4,100	4,200	4,300	Accepted Amount For 2024/2025 Audit	
ARBITRAGE REBATE FEE - SERIES 2013	650	650	650	No Change From 2024/2025 Budget	
ARBITRAGE REBATE FEE - SERIES 2018	650	650	650	No Change From 2024/2025 Budget	
INSURANCE	6,799	7,500	7,800	FY 24/25 Expenditure Was $7,265	
LEGAL ADVERTISING	3,068	2,050	2,495	$445 Increase From 2024/2025 Budget	
MISCELLANEOUS/CONTINGENCY	1,639	1,800	1,800	No Change From 2024/2025 Budget	
POSTAGE	1,846	700	700	No Change From 2024/2025 Budget	
OFFICE SUPPLIES	1,614	1,075	1,075	No Change From 2024/2025 Budget	
DUES & SUBSCRIPTIONS	175	175	175	No Change From 2024/2025 Budget	
WEBSITE MANAGEMENT	2,000	2,000	2,000	No Change From 2024/2025 Budget	
TRUSTEE FEES - SERIES 2013	4,730	4,730	4,730	No Change From 2024/2025 Budget	
TRUSTEE FEES - SERIES 2018	3,709	4,100	4,100	No Change From 2024/2025 Budget	
CONTINUING DISCLOSURE FEE	1,000	1,000	1,000	No Change From 2024/2025 Budget	
TOTAL ADMINISTRATIVE EXPENDITURES	$	109,430	$	124,606	$	126,427		
					
TOTAL EXPENDITURES	$	252,665	$	416,501	$	436,101		
					
REVENUES LESS EXPENDITURES	$	1,198,749	$	1,129,693	$	1,110,693		
					
BOND PAYMENTS (SERIES 2013)	(486,428)	(476,898)	(476,898)	2026 Principal & Interest Payments	
BOND PAYMENTS (SERIES 2018)	(548,610)	(536,921)	(536,921)	2026 Principal & Interest Payments	
					
BALANCE	$	163,711	$	115,874	$	96,874		
					
COUNTY APPRAISER & TA; COLLECTOR ADMINISTRATIVE COSTS	(16,334)	(53,302)	(53,302)	Three And One Half Percent Of Total Assessment Roll	
DISCOUNTS FOR EARLY PAYMENTS	(52,911)	(62,572)	(62,572)	Four Percent Of Total Assessment Roll	
					
EXCESS/ (SHORTFALL)	$	94,466	$	-	$	(19,000)		
					
CARRYOVER FROM PRIOR YEAR	0	0	19,000	Carryover From Prior Year	
					
NET EXCESS/ (SHORTFALL)	$	94,466	$	-	$	-		

Note: Projected Available Funds Balance As Of 9-30-25 is $800,000

DETAILED FINAL DEBT SERVICE (SERIES 2013) FUND BUDGET
VERONA WALK COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2025/2026
OCTOBER 1, 2025 - SEPTEMBER 30, 2026

REVENUES	FISCAL YEAR 2023/2024 ACTUAL	FISCAL YEAR 2024/2025 BUDGET	FISCAL YEAR 2025/2026 BUDGET	

COMMENTS	

Interest Income	
21,651	
400	
1,000	
Projected Interest For 2025/2026	

NAV Collection	
486,427	
476,898	
476,898	
Maximum Debt Service Collection	

Prepaid Bond Collection	
4,006	
0	
0	
Prepaid Bond Collection	

Total Revenues	
$	512,084	
$	477,298	
$	477,898		

EXPENDITURES					

Principal Payments (2013A-1)	
265,000	
280,000	
290,000	
Principal Payment Due In 2026	

Principal Payments (2013A-2)	
5,000	
5,000	
10,000	
Principal Payment Due In 2026	

Interest Payments (2013A-1)	
173,131	
157,263	
145,681	
Interest Payments Due In 2026	

Interest Payments (2013A-2)	
6,750	
5,125	
4,750	
Interest Payments Due In 2026	

Bond Redemption	
50,000	
29,910	
27,467	
Estimated Excess Debt Collections	

Total Expenditures	
$	499,881	
$	477,298	
$	477,898		

Excess/ (Shortfall)	
$	12,203	
$	-	
$	-		

Series 2013A-1 Bond Refunding Information	
Original Par Amount =	$6,455,000	Annual Principal Payments Due =	May 1st	
Interest Rate =	1.1% - 4.375%	Annual Interest Payments Due =	May 1st & November 1st	
Issue Date =	June 2013			
Maturity Date =	May 2035			
Par Amount As Of 1/1/25 =	$3,800,000			

Series 2013A-2 Bond Refunding Information	
Original Par Amount =	$650,000	Annual Principal Payments Due =	May 1st	
Interest Rate =
Issue Date =	4.5% - 5.0%
June 2013	Annual Interest Payments Due =	May 1st & November 1st	
Maturity Date =	May 2035			
Par Amount As Of 1/1/25 =	$105,000			

DETAILED FINAL DEBT SERVICE (SERIES 2018) FUND BUDGET
VERONA WALK COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2025/2026
OCTOBER 1, 2025 - SEPTEMBER 30, 2026

REVENUES	FISCAL YEAR 2023/2024 ACTUAL	FISCAL YEAR 2024/2025 BUDGET	FISCAL YEAR 2025/2026 BUDGET	

COMMENTS	

Interest Income	20,942	400	1,000	
Projected Interest For 2025/2026	

NAV Collection	
548,610	
536,921	
536,921	
Maximum Debt Service Collection	

Prepaid Bond Collection	
9,745	
0	
0	
Prepaid Bond Collection	

Total Revenues	
$	579,297	
$	537,321	
$	537,921		

EXPENDITURES					

Principal Payments	
365,000	
361,000	
373,000	
Principal Payment Due In 2026	

Interest Payments	
194,106	
176,121	
163,694	
Interest Payments Due In 2026	

Bond Redemption	
0	
200	
1,227	
Estimated Excess Debt Collections	

Total Expenditures	
$	559,106	
$	537,321	
$	537,921		

Excess/ (Shortfall)	
$	20,191	
$	-	
$	-		

Series 2018 Bond Refunding Information
Original Par Amount =	$7,677,000	Annual Principal Payments Due =	May 1st	
Interest Rate =	3.25% - 5.375%	Annual Interest Payments Due =	May 1st & November 1st	
Issue Date =	March 2018			
Maturity Date =

Par Amount As Of 1/1/25 =	May 2037

$5,615,000			

Verona Walk Community Development District Assessment Comparison

Lot Si]e
Phase One		Fiscal Year 2021/2022
Assessment*	Fiscal Year 2022/2023
Assessment*	Fiscal Year 2023/2024
Assessment*	Fiscal Year 2024/2025
Assessment*	Fiscal Year 2025/2026
ProMected Assessment*	
Townhome 26'	O & M	$	162.13	$	162.13	$	162.13	$	233.85	$	233.85	
Cayman	Debt	$	540.00	$	540.00	$	540.00	$	540.00	$	540.00	
	Total	
$	702.13	
$	702.13	
$	702.13	
$	773.85	
$	773.85	
							
Duplex 36'	O & M	$	162.13	$	162.13	$	162.13	$	233.85	$	233.85	
Capri/Carrington	Debt	$	540.00	$	540.00	$	540.00	$	540.00	$	540.00	
	Total	
$	702.13	
$	702.13	
$	702.13	
$	773.85	
$	773.85	
							
Single Family 50'	O & M	$	162.13	$	162.13	$	162.13	$	233.85	$	233.85	
Oakmont	Debt	$	635.00	$	635.00	$	635.00	$	635.00	$	635.00	
	Total	
$	797.13	
$	797.13	
$	797.13	
$	868.85	
$	868.85	
							
Single Family 60'	O & M	$	162.13	$	162.13	$	162.13	$	233.85	$	233.85	
Carlyle	Debt	$	730.00	$	730.00	$	730.00	$	730.00	$	730.00	
	Total	
$	892.13	
$	892.13	
$	892.13	
$	963.85	
$	963.85	

Phase Two							
Duplex 36'/SF 40'	O & M	$	162.13	$	162.13	$	162.13	$	233.85	$	233.85	
Capri/Carrington	Debt	$	511.00	$	511.00	$	511.00	$	511.00	$	511.00	
	Total	
$	673.13	
$	673.13	
$	673.13	
$	744.85	
$	744.85	
							
Single Family 40'	O & M	$	162.13	$	162.13	$	162.13	$	233.85	$	233.85	
Garden	Debt	$	577.00	$	577.00	$	577.00	$	577.00	$	577.00	
	Total	
$	739.13	
$	739.13	
$	739.13	
$	810.85	
$	810.85	
							
Single Family 50'	O & M	$	162.13	$	162.13	$	162.13	$	233.85	$	233.85	
Oakmont	Debt	$	601.00	$	601.00	$	601.00	$	601.00	$	601.00	
	Total	
$	763.13	
$	763.13	
$	763.13	
$	834.85	
$	834.85	
							
Single Family 60'	O & M	$	162.13	$	162.13	$	162.13	$	233.85	$	233.85	
Carlyle	Debt	$	691.00	$	691.00	$	691.00	$	691.00	$	691.00	
	Total	
$	853.13	
$	853.13	
$	853.13	
$	924.85	
$	924.85	
							
Single Family 65'	O & M	$	162.13	$	162.13	$	162.13	$	233.85	$	233.85	
Estate	Debt	$	759.00	$	759.00	$	759.00	$	759.00	$	759.00	
	Total	
$	921.13	
$	921.13	
$	921.13	
$	992.85	
$	992.85	

* Assessments Include the Following 4% Discount for Early Payments
2% County Property Appraiser Costs 1.5% County Tax Collector Costs
Community Information:
Phase I
No. of Units	
Type	
Front Footage	
Name	Maximum Annual
Debt Assessment	
Bond Prepayments	Lot
Differential Prepayment*	
246	Townhome	26'	Cayman	$	540	7	68	
350	Duplex	36'	Capri/Carrington	$	540	12	0	
242	Single Family	50'	Oakmont	$	635	8	-35	
97	Single Family	60'	Carlyle	$	730	1	1	
935					28	34	

Phase II
No. of Units	
Type	
Front Footage	
Name	Maximum Annual
Debt Assessment	
Bond Prepayments	Lot Disclosure
Differential Prepayment**	
443	Duplex/SF	36'/40'	Capri/Carrington	$	511	9	-4	
58	Duplex	40'	Garden	$	577	1	4	
325	SF	50'	Oakmont	$	601	8	0	
161	SF	60'/65'	Carlyle	$	691	0	0	
32	SF	65'	Estate	$	759	0	0	
1019					18	0	

Developer made Bond Prepayment in August 2014 for 34 lot differential (68 Phase 1 Caymans replaced with 34 Oakmonts)
Developer made Bond Prepayment in November 2014 for 1 lot differential (1 Phase 1 Carlyle replaced with 1 Oakmont)
** Developer built Carrington Homes on Garden Lots (Karina Street) - Debt Assessments for those lots was $678 - now $577.
** Developer made Bond Prepayment in November 2014 for 4 lot disclosure differential (4 40' disclosed at 36'/40' rate) Total Lots Assessed For O&M = 1920

9" silt in S Inlet

8" silt in S Inlet

5" silt in S Inlet

WEST DRAINAGE
C.E. = 6.8 VERONAWALK BOUNDARY

EAST DRAINAGE
C.E. = 7.5

SABAL PALM ROAD

DRAINAGE BASIN LINE

6" silt in N Inlet

6" silt in S Inlet

LAKE #4

GARIVALDI CT

LAKE #27

PRESERVE AREA

13" silt in N Inlet

8" silt in N Inlet

6" silt in E Inlet

5" silt in W Inlet

LAKE #3

B-8

B-7

B-6

9" silt in N Inlet

B-5

LAKE #6

LAKE #8

HERNANDO CT

LAKE #28
10" silt in N Inlet

LAKE #30

B-13 B-12

B-14

LAKE #29

MES to be cleaned

LAKE #5

LAKE #7

B-4

B-3

B-2

#10

JOSEFA

WAY

LAKE #32

B-9

B- B-10

14" silt in N Inlet

LAKE #3

EX. SWALE

8" silt in S Inlet

LAKE #

9" silt in W Inlet
LAKE #2

AKE #9

LAKE #13

B-

LA E #

LAKE #13

10" silt in S Inlet

J

CHIANTI LN

SORREN

VERONAWALK BLVD

T  N

CHIANTI LN

CE  ER

MES to be cleaned

LAKE #34
MES to be cleaned
MES to be cleaned

MES to be cleaned

B-15

B- 6

LAKE #33

LAKE #35

LAKE #36

VERONAWALK BOUNDARY

VE

WAL  IRCL

DRAINAGE BASIN LINE

JOSEFA

WAY

B-2

SORRENTO LN

B-17

LAKE #12

-

AKE #1

LAKE #14

LAKE #37

B-18

B-19

LAKE #38

LAKE #15

B-23

B-24

LAKE #14

LAKE #39

LAKE #40

12" silt in E Inlet

LAKE #17

B-25 B-26

LAKE #16

LAKE #19

B-29

B-27 B-28

7" silt in N Inlet

LAKE

LAKE #18

DRAINAGE BASIN LINE

VERONAWALK BOUNDARY

DISCHARGE OUTLET
C.S. #2/7A GRATE: = 10.69

7" silt in N Inlet

8" silt in S Inlet

LAKE
#2

JULIA L

8" silt in W Inlet

LAKE #22

5" silt in S Inlet

6" silt in E Inlet
6" silt in W InLleAtKE
#23

#2 8" silt in N

0

Inlet

7" silt in S Inlet

6" silt in E Inlet

DISCHARGE OUTLET

C.S #1B/7A GRATE: = 9.90

PRESERVE AREA

LAKE

12" silt in W Inlet

6" silt in E Inlet

#24
8" silt in N Inlet

VERONAWALK SUMMARY
TOTAL COMMUNITY AREA	754.32 ACRES
TOTAL UNITS	1,920
TOTAL LAKE AREA	115.16 ACRES
TOTAL LAKE PERIMETER	22.45 MILES

LAKE #25

5" silt in S Inlet

C.S #1A/7A GRATE: = 9.90

DISCHARGE OUTLET

LITTORAL ZONES		427,786 S.F. LEGEND
LITTORAL AREAS
BASIN LINE
LAKE INTERCONNECT PIPES BRIDGE
VERONAWALK BOUNDARY

D	VERONAWALK
C

DESIGNED BY

DRAWN BY

DATE

DATE

Page 19

950 Encore Way
Naples, FL. 34110
Phone: (941) 254-2000

THESE DRAWINGS ARE NOT APPROVED FOR CONSTRUCTION UNLESS SIGNED BELOW

REFERENCE NO.	DRAWING NO.

B

A LETTER

REVISIONS

DATE

COMMUNITY

CHECKED BY

VERTICAL SCALE

DATE

HORIZONTAL SCALE

Florida Certificate of Authorization No.1772

DATE

PROJECT NO.

SHEET NO.

OF

RESOLUTION NO. 2025-03

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE VERONA WALK COMMUNITY DEVELOPMENT DISTRICT, ESTABLISHING A REGULAR MEETING SCHEDULE FOR FISCAL YEAR 2025/2026 AND SETTING THE TIME AND LOCATION OF SAID DISTRICT MEETINGS; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, it is necessary for the Verona Walk Community Development District ("District") to establish a regular meeting schedule for fiscal year 2025/2026; and

WHEREAS, the Board of Supervisors of the District has set a regular meeting schedule, location and time for District meetings for fiscal year 2025/2026 which is attached hereto and made a part hereof as Exhibit “A”.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE VERONA WALK COMMUNITY DEVELOPMENT DISTRICT, LEE COUNTY, FLORIDA, AS FOLLOWS:

Section 1.   The above recitals are hereby adopted.

Section 2.  The regular meeting schedule, time and location for meetings for fiscal year 2025/2026 which is attached hereto as Exhibit “A” is hereby adopted and authorized to be published.
PASSED, ADOPTED and EFFECTIVE this 17th day of July, 2025.

ATTEST:	VERONA WALK
COMMUNITY DEVELOPMENT DISTRICT

By:			By:		 Secretary/Assistant Secretary			Chairperson/Vice Chairperson

VERONA WALK COMMUNITY DEVELOPMENT DISTRICT
FISCAL YEAR 2025/2026 REGULAR MEETING SCHEDULE

NOTICE IS HEREBY GIVEN that the Board of Supervisors of the Verona Walk Community Development District will hold Regular Meetings at 10:00 a.m. in the Town Center at Verona Walk located at 8090 Sorrento Lane, Naples, Florida 34114, on the following dates:

October 16, 2025
November 20, 2025
December 18, 2025
January 15, 2026
February 19, 2026
March 19, 2026
April 16, 2026
May 21, 2026
June 18, 2026
July 16, 2026
August 20, 2026
September 17, 2026

The purpose of the meetings is to conduct any business coming before the Board. Meetings are open to the public and will be conducted in accordance with the provisions of Florida law. Copies of the Agendas for any of the meetings may be obtained from the District’s website or by contacting the District Manager at (239) 444-5790 and/or toll free at 1-877-737-4922 prior to the date of the particular meeting.
From time to time one or more Supervisors may participate by telephone; therefore, at the location of these meetings there will be a speaker telephone present so that interested persons can attend the meetings at the above location and be fully informed of the discussions taking place either in person or by telephone communication. Said meetings may be continued as found necessary to a date and time certain as stated on the record.

If any person decides to appeal any decision made with respect to any matter considered at these meetings, such person will need a record of the proceedings and such person may need to insure that a verbatim record of the proceedings is made at his or her own expense and which record includes the testimony and evidence on which the appeal is based.
In accordance with the provisions of the Americans with Disabilities Act, any person requiring special accommodations or an interpreter to participate at any of these meetings should contact the District Manager at (239) 444-5790 and/or toll free at 1-877-737-4922 at least seven (7) days prior to the date of the particular meeting.

Meetings may be cancelled from time to time without advertised notice.

VERONA WALK COMMUNITY DEVELOPMENT DISTRICT

www.veronawalkcdd.org PUBLISH:

Following is my report for the July 17th Board Meeting.

Lake inspections conducted on a regular basis and all looks good. Birds, fish and other life plentiful. Water quality good. Littoral zones look good.

Outfalls inspected and all are working as designed.

Current lake levels are 3 1/2 feet higher than the lowest of this past dry season (mid May). Lakes are handling the additional water well.

HOA mowing is not impacting any bank functions.

Observed water quality continues to look good and supports aquatic life.

Coordinating with contractor doing downspout extension work at Toscano address, Work rather complex but looking proper.
No swimming pool inspections underway.
Drainage inspections ongoing at Toscano. Almost complete.
We are in the rainy season with rainfall numbers approximating normal ones.
Thank you, Bohdan

Verona Walk Community Development District

Financial Report For June 2025

VERONA WALK COMMUNITY DEVELOPMENT DISTRICT MONTHLY FINANCIAL REPORT
JUNE 2025

REVENUES	Annual Budget
10/1/24 - 9/30/25	
Actual Jun-25	Year To Date Actual
10/1/24 - 6/30/25	
O & M ASSESSMENTS	448,974	3,388	450,830	
DEBT ASSESSMENTS - SERIES 2013	515,025	3,455	515,026	
DEBT ASSESSMENTS - SERIES 2018	580,455	3,999	580,456	
OTHER REVENUES	0	0	0	
INTEREST INCOME	1,200	0	20,377	
				
TOTAL REVENUES	$	1,545,654	$	10,842	$	1,566,689	
				
EXPENDITURES				
MAINTENANCE EXPENDITURES				
FIELD INSPECTOR	43,200	3,852	34,672	
VEHICLE - INSURANCE	1,000	0	0	
VEHICLE - EQUIPMENT (SMALL TOOLS)	1,545	0	0	
VEHICLE - GAS & MAINTENANCE	2,750	12	47	
GOLF CART STORAGE	1,500	0	1,800	
LAKE SPRAYING	100,000	8,000	39,769	
LAKE :ATER QUALITY TESTING (BENCHMARK)	6,000	0	2,297	
LAKE LITTORAL & LAKE BANK PLANTINGS	0	0	0	
LAKE BANK MO:ING	65,650	0	25,620	
OUTFALL PIPE & STRUCTURE INSPECTION & CLEANING	5,000	0	0	
STORM PIPE & EROSION REPAIRS	48,000	0	0	
DREDGING	1,000	0	0	
MISCELLANEOUS MAINTENANCE	1,250	11,860	12,042	
SPECIAL PROJECTS	15,000	0	0	
TOTAL MAINTENANCE EXPENDITURES	$	291,895	$	23,724	$	116,247	
				
ADMINISTRATIVE EXPENDITURES				
ENGINEERING	13,500	0	8,403	
MANAGEMENT	51,276	4,273	38,457	
SECRETARIAL	4,200	350	3,150	
LEGAL	15,000	0	10,758	
ASSESSMENT ROLL	10,000	0	0	
AUDIT FEES	4,200	0	4,200	
ARBITRAGE REBATE FEE - SERIES 2013	650	0	0	
ARBITRAGE REBATE FEE - SERIES 2018	650	0	650	
INSURANCE	7,500	0	7,265	
LEGAL ADVERTISING	2,050	0	1,247	
MISCELLANEOUS/CONTINGENCY	1,800	102	826	
POSTAGE	700	46	354	
OFFICE SUPPLIES	1,075	84	763	
DUES & SUBSCRIPTIONS	175	0	175	
:EBSITE MANAGEMENT	2,000	167	1,500	
TRUSTEE FEES - SERIES 2013	4,730	0	0	
TRUSTEE FEES - SERIES 2018	4,100	0	4,031	
CONTINUING DISCLOSURE FEE - SERIES 2013	1,000	0	1,000	
TOTAL ADMINISTRATIVE EXPENDITURES	$	124,606	$	5,022	$	82,779	
				
TOTAL EXPENDITURES	$	416,501	$	28,746	$	199,026	
				
REVENUES LESS EXPENDITURES	$	1,129,153	$	(17,904)	$	1,367,663	
				
BOND PAYMENTS (SERIES 2013)	(476,898)	(3,386)	(485,889)	
BOND PAYMENTS (SERIES 2018)	(536,921)	(3,919)	(547,621)	
				
BALANCE	$	115,334	$	(25,209)	$	334,153	
				
ADMINISTRATIVE COSTS	(53,048)	0	(29,748)	
DISCOUNTS FOR EARLY PAYMENTS	(62,286)	0	(57,635)	
				
EXCESS/ (SHORTFALL)	$	-	$	(25,209)	$	246,770	
				
CARRYOVER FROM PRIOR YEAR	0	0	0	
				
NET EXCESS/ (SHORTFALL)	$	-	$	(25,209)	$	246,770	

Bank Balance As Of 6/30/25	$	1,067,196.43	
Accounts Payable As Of 6/30/25	$	25,759.88	
Accounts Receivable As Of 6/30/25	$	-	
Available Funds As Of 6/30/25	$	1,041,436.55	

Verona Walk Community Development District
Budget vs. Actual
October 2024 through June 2025

	Oct 24 - June 25	24-25 Budget	$ Over Budget	% of Budget	
Income						
363.100	O & M Assessment Income	450,830.19	448,974.00	1,856.19	100.41%	
363.812	Debt Assessments (Series 2013)	515,026.20	515,565.00	-538.80	99.9%	
363.813	Debt Assessments (Series 2018)	580,456.10	580,455.00	1.10	100.0%	
363.822	Debt Assessmnt-Pd To Trustee-13	-485,889.15	-476,898.00	-8,991.15	101.89%	
363.823	Debt Assessmnt-Pd To Trustee-18	-547,621.40	-536,921.00	-10,700.40	101.99%	
363.830	Assessment Fees	-29,747.23	-53,302.00	23,554.77	55.81%	
363.831	Discounts For Early Payments	-57,635.38	-62,572.00	4,936.62	92.11%	
369.401	Interest Income	20,377.46	1,200.00	19,177.46	1,698.12%	
Total Income	445,796.79		416,501.00		29,295.79		107.03%	
Expense						
511.306	Dredging	0.00	1,000.00	-1,000.00	0.0%	
511.308	Miscellaneous Maintenance	12,042.39	1,250.00	10,792.39	963.39%	
511.310	Engineering	8,403.00	13,500.00	-5,097.00	62.24%	
511.311	Management Fees	38,457.00	51,276.00	-12,819.00	75.0%	
511.312	Secretarial Fees	3,150.00	4,200.00	-1,050.00	75.0%	
511.315	Legal Fees	10,757.78	15,000.00	-4,242.22	71.72%	
511.318	Assessment/Tax Roll	0.00	10,000.00	-10,000.00	0.0%	
511.320	Audit Fees	4,200.00	4,200.00	0.00	100.0%	
511.450	Insurance	7,265.00	7,500.00	-235.00	96.87%	
511.480	Legal Advertisements	1,246.64	2,050.00	-803.36	60.81%	
511.512	Miscellaneous	826.08	1,800.00	-973.92	45.89%	
511.513	Postage and Delivery	353.99	700.00	-346.01	50.57%	
511.514	Office Supplies	763.00	1,075.00	-312.00	70.98%	
511.540	Dues, License & Subscriptions	175.00	175.00	0.00	100.0%	
511.750	Website Management	1,499.94	2,000.00	-500.06	75.0%	
512.736	Continuing Disclosure Fee 2013	1,000.00	1,000.00	0.00	100.0%	
513.330	Arbitrage Rebate Fee-Series 13	0.00	650.00	-650.00	0.0%	
513.733	Trustee Fees - Series 2013	0.00	4,730.00	-4,730.00	0.0%	
514.100	Golf Cart Storage	1,800.00	1,500.00	300.00	120.0%	
514.101	Field Inspector	34,672.05	43,200.00	-8,527.95	80.26%	
514.103	Vehicle Insurance	0.00	1,000.00	-1,000.00	0.0%	
514.104	Vehicle Equipment (small tools)	0.00	1,545.00	-1,545.00	0.0%	
514.105	Vehicle Gas and Maintenance	47.35	2,750.00	-2,702.65	1.72%	
514.106	Lake Spraying	39,769.42	100,000.00	-60,230.58	39.77%	
514.107	Lake H2O Quality Tests-Benchmrk	2,297.25	6,000.00	-3,702.75	38.29%	
514.109	Outfall Pipe & Structure Insp &	0.00	5,000.00	-5,000.00	0.0%	
514.110	Storm Pipe & Erosion Repairs	0.00	48,000.00	-48,000.00	0.0%	
514.111	Lake Bank Mowing	25,620.00	65,650.00	-40,030.00	39.03%	
514.112	Special ProMects	0.00	15,000.00	-15,000.00	0.0%	
514.330	Arbitrage Rebate Fee (2018)	650.00	650.00	0.00	100.0%	
514.733	Trustee Fees (2018)	4,031.25	4,100.00	-68.75	98.32%	
Total Expense	199,027.14		416,501.00		-217,473.86		47.79%	
Net Income			246,769.65		0.00		246,769.65		100.0%	

Page 26

Verona Walk Community Development District
Balance Sheet
As of June 30, 2025

Operating Fund	Debt Service (13) Fund	Debt Service (18) Fund	General Fixed Assets Fund	Long Term Debt Fund	TOTAL
ASSETS
Current Assets
Operating Bank Account	
1,067,196.43		
0.00		
0.00		
0.00		
0.00		
1,067,196.43	
Total Current Assets	1,067,196.43		0.00		0.00		0.00		0.00		1,067,196.43	
Fixed Assets												
Storm Water Management	0.00		0.00		0.00		15,481,040.00		0.00		15,481,040.00	
Accumulated Depreciation - Stormwater Mgt	0.00		0.00		0.00		-9,907,872.00		0.00		-9,907,872.00	
Total Fixed Assets	0.00		0.00		0.00		5,573,168.00		0.00		5,573,168.00	
Other Assets												
A/R Assessment Income	0.00		0.00		0.00		0.00		0.00		0.00	
A/R Non Ad Valorem Receipts	0.00		0.00		0.00		0.00		0.00		0.00	
Investments - Sinking Acct	0.00		0.00		113.16		0.00		0.00		113.16	
Investments - Interest Acct	0.00		0.00		0.14		0.00		0.00		0.14	
Investments - Reserve Acct	0.00		228,881.25		56,266.72		0.00		0.00		285,147.97	
Investments - Revenue Acct	0.00		177,938.10		248,555.31		0.00		0.00		426,493.41	
Investments - Prepayment Acct	0.00		6,615.81		14,932.94		0.00		0.00		21,548.75	
Investments - Excess Revenue	0.00		2,333.42		0.00		0.00		0.00		2,333.42	
Amount Available In DSF (2013)	0.00		0.00		0.00		0.00		415,768.58		415,768.58	
Amount Available In DSF (2018)	0.00		0.00		0.00		0.00		319,868.27		319,868.27	
Amount To Be Provided	0.00		0.00		0.00		0.00		8,138,363.15		8,138,363.15	
Total Other Assets	0.00		415,768.58		319,868.27		0.00		8,874,000.00		9,609,636.85	
TOTAL ASSETS	1,067,196.43		415,768.58		319,868.27		5,573,168.00		8,874,000.00		16,250,001.28	

LIABILITIES & EQUITY												
Liabilities
Current Liabilities												
Accrued Expenses	0.00		0.00		0.00		0.00		0.00		0.00	
Accounts Payable	25,759.88		0.00		0.00		0.00		0.00		25,759.88	
Total Current Liabilities	25,759.88		0.00		0.00		0.00		0.00		25,759.88	
Long Term Liabilities												
Special Assessment Debt (2013A-1)	0.00		0.00		0.00		0.00		3,520,000.00		3,520,000.00	
Special Assessment Debt (2013A-2)	0.00		0.00		0.00		0.00		100,000.00		100,000.00	
Special Assessment Debt (2018)	0.00		0.00		0.00		0.00		5,254,000.00		5,254,000.00	
Total Long Term Liabilities	0.00		0.00		0.00		0.00		8,874,000.00		8,874,000.00	
Total Liabilities	25,759.88		0.00		0.00		0.00		8,874,000.00		8,899,759.88	
Equity												
Retained Earnings	794,666.90		386,594.08		322,153.04		-9,907,872.00		0.00		-8,404,457.98	
Current Year Depreciation	0.00		0.00		0.00		0.00		0.00		0.00	
Net Income	246,769.65		29,174.50		-2,284.77		0.00		0.00		273,659.38	
Investment In Gen Fixed Assets	0.00		0.00		0.00		15,481,040.00		0.00		15,481,040.00	
Total Equity	1,041,436.55		415,768.58		319,868.27		5,573,168.00		0.00		7,350,241.40	
TOTAL LIABILITIES & EQUITY	1,067,196.43		415,768.58		319,868.27		5,573,168.00		8,874,000.00		16,250,001.28