VERONA WALK COMMUNITY DEVELOPMENT
DISTRICT

COLLIER COUNTY REGULAR BOARD MEETING JUNE 18, 2026
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 June 18, 2026
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
April 16, 2026 Regular Board Meeting…	Page 3
Old Business
New Business
Discussion Regarding Lake Spraying
Consider Resolution No. 2026-01 – Adopting a Fiscal Year 2026/2027 Proposed Budget…	Page 6
Administrative Matters
District Attorney Update
Title Search Information Update
Update on CDD & HOA Agreement
Update on Drainage & Access Easement with Winding Cypress CDD
District Engineer Update
Update on Tree Removal in Preserve
Discussion on Contract for Inlet Inspection
Field Inspector Update…	Page 14
District Manager Update
Financials…	Page 15
Upcoming Meetings
July 16, 2026 & August 20, 2026
Comments from the Public
Board Member Comments
Adjourn

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 Martha Vergara, 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 (Collier County) FY2025/2026 Meeting Schedule was published on the publically accessible website https://notices.collierclerk.com as designated by Collier County, Florida on 10/05/2025 until 10/07/2025.

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

ti H),,

{Deputy Clerk Printed Name)	Date

VERONA WALK COMMUNlTY DEVELOPMENT DISTRICT
FISCAL YEAR 2025/2026 MEETING SCHEDULE

NOTlCE IS HEREBY GIVEN that the Board of Supervi ors 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, aples Florida 34114, on the following dates:

October 16, 2025
November 20, 2025
December 18, 2025
January 15, 2026
February 19, 2026
March J9, 2026
April 16, 2026
May21 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 ahd 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 discussion 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 per on wi II 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.

1n accordance with the provisions of the Americans with Disabilities Act, any person requiring special accommodations or an interpreter to participate at any of the e meetings should contact the District Manager at (239) 444-5790 and/or toll fre� at 1-877-737-4922 at least even (7) days prior to the date of the particular meeting.

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

VERONA WALK COMMUNITY DEVELOPME T DlSTRICT

www.veronawalkcdd.org

PUBLISH:	COLLIER COUNTY WEBSITE:	BEGINNING AT MIDNIGHT O	SUNDAY, 10/05/25 & EXPIRI G AT MIDNIGHT ON TUES., 10/07/25

VERONA WALK COMMUNITY DEVELOPMENT DISTRICT REGULAR BOARD MEETING
APRIL 16, 2026

CALL TO ORDER

The April 16, 2026, 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

The Pledge of Allegiance was recited. A moment of silence was observed in memory of Chairperson Czubkowski’s husband, Richard.

PROOF OF PUBLICATION

Proof of publication was presented that notice of the Regular Board Meeting had been published on the Collier County website on October 5, 2025, through October 7, 2025, 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 via phone at approximately 10:06 a.m.	
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.	
District Counsel	Megan Magaldi	Coleman Yovanovich Koester	
District Engineer	John Baker	Bowman	
Field Inspector	Bohdan Hirniak	Special District Services, Inc.	

Also present were the following: Beth Boland (HOA), Herb Czeschin and Jimmy Rein.

ADDITIONS OR DELETIONS TO THE AGENDA

There were no additions or deletions to the agenda.

Page 1 of 3

APPROVAL OF MINUTES
February 19, 2026, Regular Board Meeting

The minutes of the February 19, 2026, Regular Board Meeting were presented for consideration.

A motion was made by Supervisor Roy, seconded by Supervisor Hogan and unanimously passed approving the minutes of the February 19, 2026, Regular Board Meeting, as presented.

OLD BUSINESS
Title Search Information Update

Ms. Magaldi reported that correspondence had been exchanged with the HOA attorney and that all supporting documentation compiled through the District’s research had been provided. The HOA attorney has indicated a willingness to engage in discussions; however, a formal meeting has not yet been scheduled. Discussion ensued regarding budgeting for legal services.

Update on CDD & HOA Agreement

It was noted that the CDD and HOA Agreement remained ongoing and tied to the title search process.

NEW BUSINESS
Consider Drainage & Access Easement with Winding Cypress CDD
Ms. Magaldi and Mr. Baker presented the proposed drainage and access easement. Discussion ensued regarding the need to proceed prior to the rainy season.
A motion was made by Supervisor Kurzawski, seconded by Supervisor Hogan and unanimously passed approving the forwarding of the drainage and access easement agreement to Winding Cypress CDD for review and execution.

ADMINISTRATIVE MATTERS
District Attorney Update
Ms. Magaldi reported changes to sovereign immunity caps, increasing individual claims to $300,000 and aggregate claims to $500,000.
District Engineer Update
Mr. Baker provided updates on inlet inspections and coordination with contractors, noting that additional reports would be presented at the next meeting.
Field Inspector Update

Mr. Hirniak reported that rainfall had increased and lake levels were rising to within normal ranges. He discussed HOA bridge painting procedures, contractor responsibilities, and additional site-specific drainage and construction items.

District Manager Update
Page 2 of 3

Financials
The District Manager reviewed the financials and noted a minor coding issue to be corrected. The District remained in good financial condition.

Upcoming Meetings

The next meeting is scheduled for May 21, 2026, at which time the proposed budget would be presented. The following meeting is scheduled for June 18, 2026, with the budget public hearing anticipated for August.

COMMENTS FROM THE PUBLIC

Public discussion included concerns regarding self-seeding palm trees along lake banks, coordination between HOA and CDD responsibilities, and ongoing legal coordination. Additional discussion included littoral plantings and maintenance considerations.

BOARD MEMBER COMMENTS

The Board Members discussed the upcoming budget process and encouraged submission of proposed items prior to the May meeting.

ADJOURNMENT

There being no further business to come before the Board, the Regular Board Meeting was adjourned at 10:28 a.m. on a motion made by Supervisor Roy, seconded by Supervisor Hogan and that motion carried unanimously.

Secretary/Assistant Secretary	Chair/Vice-Chair

Page 3 of 3

RESOLUTION NO. 2026-01

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE VERONA WALK COMMUNITY DEVELOPMENT DISTRICT APPROVING A PROPOSED BUDGET FOR FISCAL YEAR 2026/2027; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the Board of Supervisors (“Board”) of the Verona Walk Community Development District (“District”) is required by Chapter 190.008, Florida Statutes, to approve a Proposed Budget for each fiscal year; and,

WHEREAS, the Proposed Budget including the Assessments for Fiscal Year 2026/2027 has been prepared and considered by the Board.

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

Section 1.  The Proposed Budget including the Assessments for Fiscal Year 2026/2027 attached hereto as Exhibit “A” is approved and adopted.

Section 2.  A Public Hearing is hereby scheduled for August 20, 2026 at 10:00 a.m. in the Town Center at Verona Walk, 8090 Sorrento Lane, Naples, Florida 34114, for the purpose of receiving public comments on the Proposed Fiscal Year 2026/2076 Budget.

PASSED, ADOPTED and EFFECTIVE this 18th day of June, 2026.

ATTEST:	VERONA WALK
COMMUNITY DEVELOPMENT DISTRICT

By:			By:		 Secretary/Assistant Secretary			Chairman/Vice Chairman

Verona Walk
Community Development District

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

CONTENTS

PROPOSED BUDGET

DETAILED PROPOSED BUDGET

DETAILED PROPOSED DEBT SERVICE FUND BUDGET (SERIES 2013)

DETAILED PROPOSED DEBT SERVICE FUND BUDGET (SERIES 2018)

ASSESSMENT COMPARISON

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

REVENUES	
FISCAL YEAR 2026/2027
BUDGET	
O & M ASSESSMENTS	448,974	
DEBT ASSESSMENTS - SERIES 2013	514,585	
DEBT ASSESSMENTS - SERIES 2018	579,936	
OTHER REVENUES	0	
INTEREST INCOME	2,100	
TOTAL REVENUES	$	1,545,595	
		
EXPENDITURES		
MAINTENANCE EXPENDITURES		
FIELD INSPECTOR	46,229	
VEHICLE - INSURANCE	1,000	
VEHICLE - EQUIPMENT (SMALL TOOLS)	1,545	
VEHICLE - GAS & MAINTENANCE	2,250	
GOLF CART STORAGE	1,500	
LAKE SPRAYING (PREMIER)	100,000	
LAKE WATER QUALITY TESTING (BENCHMARK)	6,000	
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	10,000	
TOTAL MAINTENANCE EXPENDITURES	$	308,174	
		
ADMINISTRATIVE EXPENDITURES		
ENGINEERING	14,000	
MANAGEMENT	54,168	
SECRETARIAL	4,200	
LEGAL	15,000	
ASSESSMENT ROLL	10,000	
AUDIT FEES	4,400	
ARBITRAGE REBATE FEE - SERIES 2013	650	
ARBITRAGE REBATE FEE - SERIES 2018	650	
INSURANCE	8,425	
LEGAL ADVERTISING	2,000	
MISCELLANEOUS/CONTINGENCY	1,800	
POSTAGE	700	
OFFICE SUPPLIES	1,075	
DUES & SUBSCRIPTIONS	175	
WEBSITE MANAGEMENT	2,000	
TRUSTEE FEES - SERIES 2013	4,890	
TRUSTEE FEES - SERIES 2018	4,100	
CONTINUING DISCLOSURE FEE	1,000	
TOTAL ADMINISTRATIVE EXPENDITURES	$	129,233	
		
TOTAL EXPENDITURES	$	437,407	
		
REVENUES LESS EXPENDITURES	$	1,108,188	
		
BOND PAYMENTS (SERIES 2013)	(475,991)	
BOND PAYMENTS (SERIES 2018)	(536,441)	
		
BALANCE	$	95,756	
		
COUNTY APPRAISER & TAX COLLECTOR ADMINISTRATIVE COSTS	(53,250)	
DISCOUNTS FOR EARLY PAYMENTS	(62,511)	
		
EXCESS/ (SHORTFALL)	$	(20,005)	
		
CARRYOVER FROM PRIOR YEAR	20,005	
		
NET EXCESS/ (SHORTFALL)	$	-	

Note: Projected Available Funds Balance As Of 9-30-26 is $800,000

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

REVENUES	
FISCAL YEAR 2024/2025 ACTUAL	
FISCAL YEAR 2025/2026 BUDGET	
FISCAL YEAR 2026/2027 BUDGET	

COMMENTS	
O & M ASSESSMENTS	450,882	448,974	448,974	Expenditures Less Interest & Carryover/.925	
DEBT ASSESSMENTS - SERIES 2013	515,026	515,025	514,585	Bond Payments/.925	
DEBT ASSESSMENTS - SERIES 2018	580,456	580,455	579,936	Bond Payments/.925	
OTHER REVENUES	0	0	0		
INTEREST INCOME	37,135	1,800	2,100	Interest Projected At $175 Per Month	
TOTAL REVENUES	$	1,583,499	$	1,546,254	$	1,545,595		
					
EXPENDITURES					
MAINTENANCE EXPENDITURES					
FIELD INSPECTOR	46,229	46,229	46,229	$3,852.45 Per Month	
VEHICLE - INSURANCE	0	1,000	1,000	No Change From 2025/2026 Budget	
VEHICLE - EQUIPMENT (SMALL TOOLS)	0	1,545	1,545	No Change From 2025/2026 Budget	
VEHICLE - GAS & MAINTENANCE	80	2,500	2,250	$250 Decrease From 2025/2026 Budget	
GOLF CART STORAGE	3,300	1,500	1,500	No Change From 2025/2026 Budget	
LAKE SPRAYING (PREMIER)	65,419	100,000	100,000	No Change From 2025/2026 Budget	
LAKE WATER QUALITY TESTING (BENCHMARK)	4,743	6,000	6,000	No Change From 2025/2026 Budget	
SPECIAL PROJECTS	25,620	10,000	10,000	Includes Littoral Plantings	
LAKE BANK MOWING	0	65,650	65,650	Tri-Annual Lake Bank Mowing	
OUTFALL PIPE & STRUCTURE INSPECTION & CLEANING	0	10,000	10,000	No Change From 2025/2026 Budget	
STORM PIPE, ANNUAL INSPECTIONS & EROSION REPAIRS	0	53,000	53,000	Include Pipe TV-Ing	
DREDGING	0	1,000	1,000	No Change From 2025/2026 Budget	
MISCELLANEOUS MAINTENANCE	12,042	1,250	10,000	$8,750 Increase From 2025/2026 Budget	
TOTAL MAINTENANCE EXPENDITURES	$	157,433	$	299,674	$	308,174		
					
ADMINISTRATIVE EXPENDITURES					
ENGINEERING	13,818	13,000	14,000	$1,000 Increase From 2025/2026 Budget	
MANAGEMENT	51,276	52,752	54,168	CPI Adjustment	
SECRETARIAL	4,200	4,200	4,200	No Change From 2025/2026 Budget	
LEGAL	13,424	15,000	15,000	No Change From 2025/2026 Budget	
ASSESSMENT ROLL	10,000	10,000	10,000	As Per Contract	
AUDIT FEES	4,200	4,300	4,400	$100 Increase From 2025/2026 Budget	
ARBITRAGE REBATE FEE - SERIES 2013	650	650	650	No Change From 2025/2026 Budget	
ARBITRAGE REBATE FEE - SERIES 2018	650	650	650	No Change From 2025/2026 Budget	
INSURANCE	7,265	7,800	8,425	FY 25/26 Expenditure Was $7,675	
LEGAL ADVERTISING	1,920	2,495	2,000	$495 Decrease From 2025/2026 Budget	
MISCELLANEOUS/CONTINGENCY	925	1,800	1,800	No Change From 2025/2026 Budget	
POSTAGE	394	700	700	No Change From 2025/2026 Budget	
OFFICE SUPPLIES	915	1,075	1,075	No Change From 2025/2026 Budget	
DUES & SUBSCRIPTIONS	175	175	175	No Change From 2025/2026 Budget	
WEBSITE MANAGEMENT	2,000	2,000	2,000	No Change From 2025/2026 Budget	
TRUSTEE FEES - SERIES 2013	4,838	4,730	4,890	$160 Increase From 2025/2026 Budget	
TRUSTEE FEES - SERIES 2018	4,031	4,100	4,100	No Change From 2025/2026 Budget	
CONTINUING DISCLOSURE FEE	1,000	1,000	1,000	No Change From 2025/2026 Budget	
TOTAL ADMINISTRATIVE EXPENDITURES	$	121,681	$	126,427	$	129,233		
					
TOTAL EXPENDITURES	$	279,114	$	426,101	$	437,407		
					
REVENUES LESS EXPENDITURES	$	1,304,385	$	1,120,153	$	1,108,188		
					
BOND PAYMENTS (SERIES 2013)	(485,889)	(476,398)	(475,991)	2027 Principal & Interest Payments	
BOND PAYMENTS (SERIES 2018)	(547,621)	(536,921)	(536,441)	2027 Principal & Interest Payments	
					
BALANCE	$	270,875	$	106,834	$	95,756		
					
COUNTY APPRAISER & TAX COLLECTOR ADMINISTRATIVE COSTS	(26,256)	(53,284)	(53,250)	Three And One Half Percent Of Total Assessment Roll	
DISCOUNTS FOR EARLY PAYMENTS	(57,635)	(62,550)	(62,511)	Four Percent Of Total Assessment Roll	
					
EXCESS/ (SHORTFALL)	$	186,984	$	(9,000)	$	(20,005)		
					
CARRYOVER FROM PRIOR YEAR	0	9,000	20,005	Carryover From Prior Year	
					
NET EXCESS/ (SHORTFALL)	$	186,984	$	-	$	-		

Note: Projected Available Funds Balance As Of 9-30-26 is $800,000

DETAILED PROPOSED DEBT SERVICE (SERIES 2013) FUND BUDGET
VERONA WALK COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2026/2027
OCTOBER 1, 2026 - SEPTEMBER 30, 2027

REVENUES	FISCAL YEAR 2024/2025 ACTUAL	FISCAL YEAR 2025/2026 BUDGET	FISCAL YEAR 2026/2027 BUDGET	

COMMENTS	

Interest Income	
20,209	
1,000	
2,000	
Projected Interest For 2026/2027	

NAV Collection	
485,899	
476,898	
475,991	
Maximum Debt Service Collection	

Prepaid Bond Collection	
0	
0	
0	
Prepaid Bond Collection	

Total Revenues	
$	506,108	
$	477,898	
$	477,991		

EXPENDITURES					

Principal Payments (2013A-1)	
280,000	
290,000	
300,000	
Principal Payment Due In 2027	

Principal Payments (2013A-2)	
5,000	
10,000	
10,000	
Principal Payment Due In 2027	

Interest Payments (2013A-1)	
162,863	
145,681	
133,325	
Interest Payments Due In 2027	

Interest Payments (2013A-2)	
5,250	
4,750	
4,250	
Interest Payments Due In 2027	

Bond Redemption	
0	
27,467	
30,416	
Estimated Excess Debt Collections	

Total Expenditures	
$	453,113	
$	477,898	
$	477,991		

Excess/ (Shortfall)	
$	52,995	
$	-	
$	-		

Series 2013A-1 Bond Refunding Information	
Original Par Amount =	$6,455,000	Annual Principal Payments Due =	May 1st	
Interest Rate = Issue Date = Maturity Date =	1.1% - 4.375%
June 2013
May 2035	Annual Interest Payments Due =	May 1st & November 1st	
Par Amount As Of 1/1/26 =	$3,800,000			

Series 2013A-2 Bond Refunding Information	
Original Par Amount =	$650,000	Annual Principal Payments Due =	May 1st	
Interest Rate = Issue Date = Maturity Date =	4.5% - 5.0%
June 2013
May 2035	Annual Interest Payments Due =	May 1st & November 1st	
Par Amount As Of 1/1/26 =	$105,000			

DETAILED PROPOSED DEBT SERVICE (SERIES 2018) FUND BUDGET
VERONA WALK COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2026/2027
OCTOBER 1, 2026 - SEPTEMBER 30, 2027

REVENUES	FISCAL YEAR 2024/2025 ACTUAL	FISCAL YEAR 2025/2026 BUDGET	FISCAL YEAR 2026/2027 BUDGET	

COMMENTS	

Interest Income	
18,921	
1,000	
2,000	
Projected Interest For 2026/2027	

NAV Collection	
547,621	
536,921	
536,441	
Maximum Debt Service Collection	

Prepaid Bond Collection	
0	
0	
0	
Prepaid Bond Collection	

Total Revenues	
$	566,542	
$	537,921	
$	538,441		

EXPENDITURES					

Principal Payments	
361,000	
373,000	
385,000	
Principal Payment Due In 2027	

Interest Payments	
182,488	
163,694	
151,889	
Interest Payments Due In 2027	

Bond Redemption	
0	
1,227	
1,552	
Estimated Excess Debt Collections	

Total Expenditures	
$	543,488	
$	537,921	
$	538,441		

Excess/ (Shortfall)	
$	23,054	
$	-	
$	-		

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 1/1/26 =	May 2037

$5,615,000			

IV

Verona Walk Community Development District Assessment Comparison

Lot Size
Phase One		Fiscal Year 2022/2023
Assessment*	Fiscal Year 2023/2024
Assessment*	Fiscal Year 2024/2025
Assessment*	Fiscal Year 2025/2026
Assessment*	Fiscal Year 2026/2027
Projected Assessment*	
Townhome 26'	O & M	$	162.13	$	162.13	$	233.85	$	233.85	$	233.85	
Cayman	Debt	$	540.00	$	540.00	$	540.00	$	540.00	$	540.00	
	Total	
$	702.13	
$	702.13	
$	773.85	
$	773.85	
$	773.85	
							
Duplex 36'	O & M	$	162.13	$	162.13	$	233.85	$	233.85	$	233.85	
Capri/Carrington	Debt	$	540.00	$	540.00	$	540.00	$	540.00	$	540.00	
	Total	
$	702.13	
$	702.13	
$	773.85	
$	773.85	
$	773.85	
							
Single Family 50'	O & M	$	162.13	$	162.13	$	233.85	$	233.85	$	233.85	
Oakmont	Debt	$	635.00	$	635.00	$	635.00	$	635.00	$	635.00	
	Total	
$	797.13	
$	797.13	
$	868.85	
$	868.85	
$	868.85	
							
Single Family 60'	O & M	$	162.13	$	162.13	$	233.85	$	233.85	$	233.85	
Carlyle	Debt	$	730.00	$	730.00	$	730.00	$	730.00	$	730.00	
	Total	
$	892.13	
$	892.13	
$	963.85	
$	963.85	
$	963.85	

Phase Two							
Duplex 36'/SF 40'	O & M	$	162.13	$	162.13	$	233.85	$	233.85	$	233.85	
Capri/Carrington	Debt	$	511.00	$	511.00	$	511.00	$	511.00	$	511.00	
	Total	
$	673.13	
$	673.13	
$	744.85	
$	744.85	
$	744.85	
							
Single Family 40'	O & M	$	162.13	$	162.13	$	233.85	$	233.85	$	233.85	
Garden	Debt	$	577.00	$	577.00	$	577.00	$	577.00	$	577.00	
	Total	
$	739.13	
$	739.13	
$	810.85	
$	810.85	
$	810.85	
							
Single Family 50'	O & M	$	162.13	$	162.13	$	233.85	$	233.85	$	233.85	
Oakmont	Debt	$	601.00	$	601.00	$	601.00	$	601.00	$	601.00	
	Total	
$	763.13	
$	763.13	
$	834.85	
$	834.85	
$	834.85	
							
Single Family 60'	O & M	$	162.13	$	162.13	$	233.85	$	233.85	$	233.85	
Carlyle	Debt	$	691.00	$	691.00	$	691.00	$	691.00	$	691.00	
	Total	
$	853.13	
$	853.13	
$	924.85	
$	924.85	
$	924.85	
							
Single Family 65'	O & M	$	162.13	$	162.13	$	233.85	$	233.85	$	233.85	
Estate	Debt	$	759.00	$	759.00	$	759.00	$	759.00	$	759.00	
	Total	
$	921.13	
$	921.13	
$	992.85	
$	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	13	0	
242	Single Family	50'	Oakmont	$	635	8	-35	
97	Single Family	60'	Carlyle	$	730	1	1	
935					29	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	10	-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					19	0	

* For 2026/2027 there was one 2013 Bond Prepayer (Capri) & one 2018 Bond Prepayer (Duplex 36/40)

* 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

FIELD INSPECTOR UPDATE

TO BE DISTRIBUTED UNDER SEPARATE COVER

Verona Walk Community Development District

Financial Report For May 2026

VERONA WALK COMMUNITY DEVELOPMENT DISTRICT MONTHLY FINANCIAL REPORT
MAY 2026

REVENUES	Annual Budget
10/1/25 - 9/30/26	
Actual May-26	Year To Date Actual
10/1/25 - 5/31/26	
O & M ASSESSMENTS	448,974	0	424,712	
DEBT ASSESSMENTS - SERIES 2013	515,565	0	486,449	
DEBT ASSESSMENTS - SERIES 2018	580,455	0	548,148	
OTHER REVENUES	0	0	0	
INTEREST INCOME	1,800	0	16,996	
				
TOTAL REVENUES	$	1,546,794	$	-	$	1,476,305	
				
EXPENDITURES				
MAINTENANCE EXPENDITURES				
FIELD INSPECTOR	46,229	0	26,967	
VEHICLE - INSURANCE	1,000	0	0	
VEHICLE - EQUIPMENT (SMALL TOOLS)	1,545	0	0	
VEHICLE - GAS & MAINTENANCE	2,500	0	49	
GOLF CART STORAGE	1,500	0	0	
LAKE SPRAYING (PREMIER)	100,000	0	56,640	
LAKE WATER QUALITY TESTING (BENCHMARK)	6,000	0	2,595	
LAKE BANK MOWING	65,650	0	8,540	
OUTFALL PIPE & STRUCTURE INSPECTION & CLEANING	10,000	0	0	
STORM PIPE & EROSION REPAIRS	53,000	0	24,157	
DREDGING	1,000	0	0	
MISCELLANEOUS MAINTENANCE	1,250	0	86	
SPECIAL PROJECTS	10,000	0	0	
TOTAL MAINTENANCE EXPENDITURES	$	299,674	$	-	$	119,034	
				
ADMINISTRATIVE EXPENDITURES				
ENGINEERING	13,000	0	14,778	
MANAGEMENT	52,752	0	30,779	
SECRETARIAL	4,200	0	2,450	
LEGAL	15,000	0	13,582	
ASSESSMENT ROLL	10,000	0	0	
AUDIT FEES	4,300	0	4,300	
ARBITRAGE REBATE FEE - SERIES 2013	650	0	0	
ARBITRAGE REBATE FEE - SERIES 2018	650	0	0	
INSURANCE	7,800	0	7,675	
LEGAL ADVERTISING	2,495	0	178	
MISCELLANEOUS/CONTINGENCY	1,800	0	669	
POSTAGE	700	0	269	
OFFICE SUPPLIES	1,075	0	496	
DUES & SUBSCRIPTIONS	175	0	175	
WEBSITE MANAGEMENT	2,000	0	1,167	
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	0	
TOTAL ADMINISTRATIVE EXPENDITURES	$	126,427	$	-	$	80,549	
				
TOTAL EXPENDITURES	$	426,101	$	-	$	199,583	
				
REVENUES LESS EXPENDITURES	$	1,120,693	$	-	$	1,276,722	
				
BOND PAYMENTS (SERIES 2013)	(476,898)	0	(458,131)	
BOND PAYMENTS (SERIES 2018)	(536,921)	0	(516,239)	
				
BALANCE	$	106,874	$	-	$	302,352	
				
ADMINISTRATIVE COSTS	(53,302)	0	(27,402)	
DISCOUNTS FOR EARLY PAYMENTS	(62,572)	0	(56,877)	
				
EXCESS/ (SHORTFALL)	$	(9,000)	$	-	$	218,073	
				
CARRYOVER FROM PRIOR YEAR	9,000	0	0	
				
NET EXCESS/ (SHORTFALL)	$	-	$	-	$	218,073	

Bank Balance As Of 5/31/26	$	1,259,178.62	
Accounts Payable As Of 5/31/26	$	59,882.08	
Accounts Receivable As Of 5/31/26	$	-	
Storm Pipe/Erosion Reserve As Of 5/31/26	$	48,000.00	
Available Funds As Of 5/31/26	$	1,151,296.54	

Verona Walk Community Development District
Budget vs. Actual
October 2025 through May 2026

	Oct 25 - May 26		25-26 Budget		$ Over Budget		% of Budget	
Income									
363.100	O & M Assessment Income	424,712.01		448,974.00		-24,261.99		94.6%	
363.812	Debt Assessments (Series 2013)	486,449.00		515,565.00		-29,116.00		94.35%	
363.813	Debt Assessments (Series 2018)	548,148.45		580,455.00		-32,306.55		94.43%	
363.822	Debt Assessmnt-Pd To Trustee-13	-458,131.30		-476,898.00		18,766.70		96.07%	
363.823	Debt Assessmnt-Pd To Trustee-18	-516,238.95		-536,921.00		20,682.05		96.15%	
363.830	Assessment Fees	-27,402.17		-53,302.00		25,899.83		51.41%	
363.831	Discounts For Early Payments	-56,877.05		-62,572.00		5,694.95		90.9%	
Carryover From Prior Year	0.00		9,000.00		-9,000.00		0.0%	
369.401	Interest Income	16,995.85		1,800.00		15,195.85		944.21%	
Total Income	417,655.84		426,101.00		-8,445.16		98.02%	
Expense									
511.306	Dredging	0.00		1,000.00		-1,000.00		0.0%	
511.308	Miscellaneous Maintenance	86.33		1,250.00		-1,163.67		6.91%	
511.310	Engineering	14,777.50		13,000.00		1,777.50		113.67%	
511.311	Management Fees	30,779.00		52,752.00		-21,973.00		58.35%	
511.312	Secretarial Fees	2,450.00		4,200.00		-1,750.00		58.33%	
511.315	Legal Fees	13,581.75		15,000.00		-1,418.25		90.55%	
511.318	Assessment/Tax Roll	0.00		10,000.00		-10,000.00		0.0%	
511.320	Audit Fees	4,300.00		4,300.00		0.00		100.0%	
511.450	Insurance	7,675.00		7,800.00		-125.00		98.4%	
511.480	Legal Advertisements	178.40		2,495.00		-2,316.60		7.15%	
511.512	Miscellaneous	669.25		1,800.00		-1,130.75		37.18%	
511.513	Postage and Delivery	269.09		700.00		-430.91		38.44%	
511.514	Office Supplies	496.12		1,075.00		-578.88		46.15%	
511.540	Dues, License & Subscriptions	175.00		175.00		0.00		100.0%	
511.750	Website Management	1,166.62		2,000.00		-833.38		58.33%	
512.736	Continuing Disclosure Fee 2013	0.00		1,000.00		-1,000.00		0.0%	
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	0.00		1,500.00		-1,500.00		0.0%	
514.101	Field Inspector	26,967.15		46,229.00		-19,261.85		58.33%	
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	48.75		2,500.00		-2,451.25		1.95%	
514.106	Lake Spraying	56,640.00		100,000.00		-43,360.00		56.64%	
514.107	Lake H2O Quality Tests-Benchmrk	2,594.75		6,000.00		-3,405.25		43.25%	
514.109	Outfall Pipe & Structure Insp &	0.00		10,000.00		-10,000.00		0.0%	
514.110	Storm Pipe & Erosion Repairs	24,156.71		53,000.00		-28,843.29		45.58%	
514.111	Lake Bank Mowing	8,540.00		65,650.00		-57,110.00		13.01%	
514.112	Special Projects	0.00		10,000.00		-10,000.00		0.0%	
514.330	Arbitrage Rebate Fee (2018)	0.00		650.00		-650.00		0.0%	
514.733	Trustee Fees (2018)	4,031.25		4,100.00		-68.75		98.32%	
Total Expense	199,582.67		426,101.00		-226,518.33		46.84%	
Net Income		218,073.17		0.00		218,073.17		100.0%	

Verona Walk Community Development District
Expenditures
October 2025 through May 2026

	Date		Num		Name		Memo		Amount	
Expenditures
511.308 • Miscellaneous Maintenance										
	10/30/2025		112389		Palm Printing		Signs - "NO Mowing" "NO Spraying"- 4/0 - Rounded Corners - Metal 6mm		86.33	
Total 511.308 • Miscellaneous Maintenance									86.33	
511.310 • Engineering										
	10/31/2025		525867		Bowman		Engineering Service October 2025		175.00	
	12/31/2025		536479		Bowman		Engineering Service December 2025		1,750.00	
	01/31/2026		543924		Bowman		Engineering Service January 2026		1,137.50	
	02/28/2026		547714		Bowman		Engineering Service January 2026		1,137.50	
	03/31/2026		554877		Bowman		Engineering Service March 2026		10,577.50	
Total 511.310 • Engineering									14,777.50	
511.311 • Management Fees										
	10/31/2025		2025-1401		Special District Services, Inc.		Management Oct 2025		4,397.00	
	11/30/2025		2025-1526		Special District Services, Inc.		Management Nov 2025		4,397.00	
	12/31/2025		2025-1668		Special District Services, Inc.		Management Dec 2025		4,397.00	
	01/31/2026		2026-1803		Special District Services, Inc.		Management Jan 2026		4,397.00	
	02/28/2026		2026-1923		Special District Services, Inc.		Management Feb 2026		4,397.00	
	03/31/2026		2026-2042		Special District Services, Inc.		Management March 2026		4,397.00	
	04/30/2026		2026-2163		Special District Services, Inc.		Management April 2026		4,397.00	
Total 511.311 • Management Fees									30,779.00	
511.312 • Secretarial Fees										
	10/31/2025		2025-1401		Special District Services, Inc.		Secretarial Oct 2025		350.00	
	11/30/2025		2025-1526		Special District Services, Inc.		Secretarial Nov 2025		350.00	
	12/31/2025		2025-1668		Special District Services, Inc.		Secretarial Dec 2025		350.00	
	01/31/2026		2026-1803		Special District Services, Inc.		Secretarial Jan 2026		350.00	
	02/28/2026		2026-1923		Special District Services, Inc.		Secretarial Feb 2026		350.00	
	03/31/2026		2026-2042		Special District Services, Inc.		Secretarial March 2026		350.00	
	04/30/2026		2026-2163		Special District Services, Inc.		Secretarial April 2026		350.00	
Total 511.312 • Secretarial Fees									2,450.00	
511.315 • Legal Fees										
	12/15/2025		96		Coleman, Yovanovich & Koester PA		Professional Fees Oct and Nov 2025		4,273.75	
	01/22/2026		97		Coleman, Yovanovich & Koester PA		Professional Fees through 01/22/2026		1,264.00	
	02/19/2026		99		Coleman, Yovanovich & Koester PA		Professional Fees through 02/19/2026		3,026.00	
	02/23/2026		98		Coleman, Yovanovich & Koester PA		Professional Fees through 02/23/2026		4,623.00	
	03/18/2026		100		Coleman, Yovanovich & Koester PA		Professional Fees through March 2026		395.00	
Total 511.315 • Legal Fees									13,581.75	

Verona Walk Community Development District
Expenditures
October 2025 through May 2026

Date	Num	Name	Memo	Amount

511.320 • Audit Fees	
04/02/2026	
29196	
Grau & Associates	
Audit Fee FY 24/25	
4,300.00	
Total 511.320 • Audit Fees					4,300.00	
511.450 • Insurance						
	10/01/2025	30077	Egis Insurance & Risk Advisors	Policy #100125071 10/01/2025-10/01/2026Florida Insurance Alliance	7,675.00	
Total 511.450 • Insurance					7,675.00	
511.480 • Legal Advertisements						
	12/31/2025	0007503744	Gannett Florida LocaliQ	Annual Notice of Advertising on Collier County Website as of 01/05/26	178.40	
Total 511.480 • Legal Advertisements					178.40	
511.512 • Miscellaneous						
	10/31/2025	2025-1401	Special District Services, Inc.	Travel Sept 2025	98.00	
	11/30/2025	2025-1526	Special District Services, Inc.	Travel Oct 2025	98.00	
	11/30/2025	2025-1526	Special District Services, Inc.	Travel Oct 2025	9.43	
	01/31/2026	2026-1803	Special District Services, Inc.	Conference Calls December 2025	10.52	
	02/28/2026	2026-1923	Special District Services, Inc.	Conference Calls Jan 2026	0.30	
	02/28/2026	2026-1923	Special District Services, Inc.	Travel Jan 2026	101.50	
	03/13/2026	Rep#618	FMSbond, Inc	Updated Bond Amortization Schedule	250.00	
	03/31/2026	2026-2042	Special District Services, Inc.	Travel Feb 2026	101.50	
Total 511.512 • Miscellaneous					669.25	
511.513 • Postage and Delivery						
	10/31/2025	2025-1401	Special District Services, Inc.	FedEx Sept 2025	62.74	
	11/30/2025	2025-1526	Special District Services, Inc.	FedEx Oct 2025	32.21	
	01/12/2026	2025 Tax Roll	Collier County Tax Collector	2025 Tax Roll Second Postage Billing	121.89	
	01/31/2026	2026-1803	Special District Services, Inc.	FedEx December 2025	-5.69	
	01/31/2026	2026-1803	Special District Services, Inc.	Postage December 2025	0.74	
	02/28/2026	2026-1923	Special District Services, Inc.	Postage Jan 2026	2.96	
	03/31/2026	2026-2042	Special District Services, Inc.	Postage Feb 2026	44.17	
	04/20/2026	2026 Tax Roll	Collier County Tax Collector	2026 Tax Roll Second Postage Billing	10.07	
Total 511.513 • Postage and Delivery					269.09	

Verona Walk Community Development District
Expenditures
October 2025 through May 2026

Date	Num	Name	Memo	Amount

511.514 • Office Supplies	
10/31/2025	
2025-1401	
Special District Services, Inc.	
Copier Sept 2025	
61.65	
	11/30/2025	2025-1526	Special District Services, Inc.	Copier Oct 2025	62.25	
	11/30/2025	2025-1526	Special District Services, Inc.	Conference Calls Oct 2025	40.00	
	12/31/2025	2025-1668	Special District Services, Inc.	Copier Nov 2025	3.75	
	12/31/2025	2025-1668	Special District Services, Inc.	Conference Calls Nov 2025	10.52	
	01/31/2026	2026-1803	Special District Services, Inc.	Copier December 2025	62.25	
	01/31/2026	2026-1803	Special District Services, Inc.	Meeting Books December 2025	48.00	
	02/28/2026	2026-1923	Special District Services, Inc.	Copier Jan 2026	72.60	
	02/28/2026	2026-1923	Special District Services, Inc.	Meeting Books Jan 2026	48.00	
	03/31/2026	2026-2042	Special District Services, Inc.	Copier Feb 2026	101.10	
	03/31/2026	2026-2042	Special District Services, Inc.	Meeting Books Feb 2026	40.00	
	04/30/2026	2026-2163	Special District Services, Inc.	Copier March 2026	-54.00	
Total 511.514 • Office Supplies
511.540 • Dues, License & Subscriptions	

10/01/2025	

92845	

Florida Commerce	

Fiscal Year 2025 - 2026 Special District State Fee	496.12

175.00	
Total 511.540 • Dues, License & Subscriptions
511.750 • Website Management	

10/31/2025	

2025-1401	

Special District Services, Inc.	

Website Oct 2025	175.00

166.66	
	11/30/2025	2025-1526	Special District Services, Inc.	Website Nov 2025	166.66	
	12/31/2025	2025-1668	Special District Services, Inc.	Website Dec 2025	166.66	
	01/31/2026	2026-1803	Special District Services, Inc.	Website Jan 2026	166.66	
	02/28/2026	2026-1923	Special District Services, Inc.	Website Feb 2026	166.66	
	03/31/2026	2026-2042	Special District Services, Inc.	Website March 2026	166.66	
	04/30/2026	2026-2163	Special District Services, Inc.	Website April 2026	166.66	
Total 511.750 • Website Management					1,166.62	

Verona Walk Community Development District
Expenditures
October 2025 through May 2026

Date	Num	Name	Memo	Amount

514.101 • Field Inspector	
10/31/2025	
VW 131	
Bohdan Hirniak	
Field Inspection Service	
3,600.00	
	10/31/2025	VW 131	Bohdan Hirniak	Transportation 495@0.51/mi	252.45	
	11/30/2025	VW 132	Bohdan Hirniak	Field Inspection Service	3,600.00	
	11/30/2025	VW 132	Bohdan Hirniak	Transportation 495@0.51/mi	252.45	
	12/31/2025	VW 133	Bohdan Hirniak	Field Inspection Service Rendered at Verona Walk- Dec 2025	3,600.00	
	12/31/2025	VW 133	Bohdan Hirniak	Transportation 495@0.51/mi	252.45	
	01/31/2026	VW 134	Bohdan Hirniak	Field Inspection Service Rendered at Verona Walk- Jan 2026	3,600.00	
	01/31/2026	VW 134	Bohdan Hirniak	Transportation 495@0.51/mi	252.45	
	02/28/2026	VW 135	Bohdan Hirniak	Field Inspection Service Rendered at Verona Walk- Feb 2026	3,600.00	
	02/28/2026	VW 135	Bohdan Hirniak	Transportation 495@0.51/mi	252.45	
	03/31/2026	VW 136	Bohdan Hirniak	Field Inspection Service Rendered at Verona Walk- March 2026	3,600.00	
	03/31/2026	VW 136	Bohdan Hirniak	Transportation 495@0.51/mi	252.45	
	04/30/2026	VW 137	Bohdan Hirniak	Field Inspection Service Rendered at Verona Walk- March 2026	3,600.00	
	04/30/2026	VW 137	Bohdan Hirniak	Transportation 495@0.51/mi	252.45	
Total 514.101 • Field Inspector
514.105 • Vehicle Gas and Maintenance	

10/31/2025	

VW 131	

Bohdan Hirniak	

Gas for golf cart	26,967.15

11.25	
	11/30/2025	VW 132	Bohdan Hirniak	Gas for golf cart	11.25	
	12/31/2025	VW 133	Bohdan Hirniak	Gas for golf cart	15.25	
	01/31/2026	VW 134	Bohdan Hirniak	Gas for golf cart	11.00	
Total 514.105 • Vehicle Gas and Maintenance
514.106 • Lake Spraying (Premier)	

10/01/2025	

2898	

Premier Lakes, Inc	

Annual Lake Maintenance October 2025	48.75

8,000.00	
	11/01/2025	2977	Premier Lakes, Inc	Annual Lake Maintenance November 2025	8,000.00	
	12/01/2025	3112	Premier Lakes, Inc	Annual Lake Maintenance December 2025	8,000.00	
	01/01/2026	3316	Premier Lakes, Inc	Annual Lake Maintenance January 2026	8,000.00	
	02/01/2026	3386	Premier Lakes, Inc	Annual Lake Maintenance February 2026	8,000.00	
	03/01/2026	3539	Premier Lakes, Inc	Annual Lake Maintenance February 2026	8,320.00	
	04/01/2026	3753	Premier Lakes, Inc	Annual Lake Maintenance April 2026	8,320.00	
Total 514.106 • Lake Spraying (Premier)
514.107 • Lake H2O Quality Tests-Benchmrk	

01/12/2026	

25120726	

Benchmark Enviro Analytical, Inc	

Sampled 09/10/2025 - 25120726 - S25120312	56,640.00

1,223.00	
	04/16/2026	26031586	Benchmark Enviro Analytical, Inc	Sampled 03/26/2026 - 26031586 - S6030723	1,371.75	
Total 514.107 • Lake H2O Quality Tests-Benchmrk					2,594.75	

Verona Walk Community Development District
Expenditures
October 2025 through May 2026

Date	Num	Name	Memo	Amount

514.110 • Storm Pipe & Erosion Repairs	
01/06/2026	
8432	
Napier Sprinkler, Inc	
Deposit for Estimate # 1669	
9,871.63	
	02/05/2026	8552	Napier Sprinkler, Inc	Drainage Pipes	4,413.46	
	02/24/2026	8603	Napier Sprinkler, Inc	Erosion	9,871.62	
Total 514.110 • Storm Pipe & Erosion Repairs
514.111 • Lake Bank Mowing	

10/22/2025	

531600	

Greenscapes of Southwest Florida, LLC	

As agreed upon with Bohdan, string trimming	24,156.71

8,540.00	
Total 514.111 • Lake Bank Mowing
514.733 • Trustee Fees (2018)	

03/25/2026	

8120562	

U.S. Bank (Trustee Fee 2018)	

Administration Fees - 03/01/2026 - 02/28/2027	8,540.00

4,031.25	
Total 514.733 • Trustee Fees (2018)					4,031.25	
Total Expenditures					199,582.67	

Verona Walk Community Development District
Balance Sheet
As of May 31, 2026

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	
1,259,178.62		
0.00		
0.00		
0.00		
0.00		
1,259,178.62	
Total Current Assets	1,259,178.62		0.00		0.00		0.00		0.00		1,259,178.62	
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		-10,527,114.00		0.00		-10,527,114.00	
Total Fixed Assets	0.00		0.00		0.00		4,953,926.00		0.00		4,953,926.00	
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		117.29		0.00		0.00		117.29	
Investments - Interest Acct	0.00		0.00		0.14		0.00		0.00		0.14	
Investments - Reserve Acct	0.00		228,881.25		58,313.92		0.00		0.00		287,195.17	
Investments - Revenue Acct	0.00		201,860.30		239,769.48		0.00		0.00		441,629.78	
Investments - Prepayment Acct	0.00		9,969.50		4,486.12		0.00		0.00		14,455.62	
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		443,044.47		443,044.47	
Amount Available In DSF (2018)	0.00		0.00		0.00		0.00		302,686.95		302,686.95	
Amount To Be Provided	0.00		0.00		0.00		0.00		7,440,268.58		7,440,268.58	
Total Other Assets	0.00		443,044.47		302,686.95		0.00		8,186,000.00		8,931,731.42	
TOTAL ASSETS	1,259,178.62		443,044.47		302,686.95		4,953,926.00		8,186,000.00		15,144,836.04	

LIABILITIES & EQUITY												
Liabilities
Current Liabilities												
Accrued Expenses	0.00		0.00		0.00		0.00		0.00		0.00	
Accounts Payable	59,882.08		0.00		0.00		0.00		0.00		59,882.08	
Total Current Liabilities	59,882.08		0.00		0.00		0.00		0.00		59,882.08	
Long Term Liabilities												
Special Assessment Debt (2013A-1)	0.00		0.00		0.00		0.00		3,230,000.00		3,230,000.00	
Special Assessment Debt (2013A-2)	0.00		0.00		0.00		0.00		90,000.00		90,000.00	
Special Assessment Debt (2018)	0.00		0.00		0.00		0.00		4,866,000.00		4,866,000.00	
Total Long Term Liabilities	0.00		0.00		0.00		0.00		8,186,000.00		8,186,000.00	
Total Liabilities	59,882.08		0.00		0.00		0.00		8,186,000.00		8,245,882.08	
Equity												
Retained Earnings	933,223.37		439,579.78		345,208.36		-10,527,114.00		0.00		-8,809,102.49	
Current Year Depreciation	0.00		0.00		0.00		0.00		0.00		0.00	
Net Income	218,073.17		3,464.69		-42,521.41		0.00		0.00		179,016.45	
Reserve Funds	48,000.00		0.00		0.00		0.00		0.00		48,000.00	
Investment In Gen Fixed Assets	0.00		0.00		0.00		15,481,040.00		0.00		15,481,040.00	
Total Equity	1,199,296.54		443,044.47		302,686.95		4,953,926.00		0.00		6,898,953.96	

TOTAL LIABILITIES & EQUITY	
1,259,178.62		
443,044.47		
302,686.95		
4,953,926.00		
8,186,000.00		
15,144,836.04