Silverleaf
Community Development District
3501 Quadrangle Boulevard, Suite 270 | Orlando, FL 32817
Phone: 407-723-5900, Fax: 407-723-5901
www.silverleafcdd.com

The meeting of the Board of Supervisors for the Silverleaf Community Development District will be held Monday, April 6, 2026, at 1:00 p.m. at “Pavillion” 3805 Shimmering Oaks Drive, Parrish, FL 34219. The following is the proposed agenda for this meeting.
Call in number: 1-844-621-3956	Passcode: 2538 286 6774

Join online: https://pfmcdd.webex.com/meet/ripollv BOARD OF SUPERVISORS’ MEETING AGENDA
Organizational Matters
Call to Order
Roll Call
Public Comment Period [for any members of the public desiring to speak on any proposition before the Board]

General Business Matters
Consideration of the Minutes of the March 2, 2026, Board of Supervisors Meeting
Update from Pond Professionals LLC
Discussion of Engineering Services
Lake Bank Erosion Repair Discussion
Consideration of Options to Restore a Sound and Visual Barrier between US 301 and the Silverleaf Community
Review and Consideration of Arbitrage Rebate Capital Improvement Revenue Bonds, Series 2018A-1 and 2018A-2 with Tax Exempt Compliance Services
Ratification of Payment Authorization #s 259-261
Review of District Financial Statements
Other Business

Staff Reports
District Counsel
District Engineer
Final Notice of As-Built Deviations
District Manager
Next Meeting May 4, 2026
Audience Comments
Supervisors Requests
Adjournment

Silverleaf Community Development District

Consideration of the Minutes of the March 2, 2026, Board of Supervisors
Meeting

MINUTES OF MEETING

SILVERLEAF COMMUNITY DEVELOPMENT DISTRICT BOARD OF SUPERVISORS MEETING MINUTES
Monday, March 2, 2026, at 1:00 p.m.
Parrish United Methodist Church at 12180 US 301 N Parrish, FL 34219
Board Members in attendance via conference call or in person: Paul Gressin	Chairperson
Lawrence Powell	Vice Chairperson
Frank Davis	Assistant Secretary
Timothy Abramski	Assistant Secretary
Jonathan Decker	Assistant Secretary Also present via conference call or in person:
Venessa Ripoll	PFM Group Consulting LLC		
Gazmin Kerr Rick Montejano	PFM Group Consulting LLC PFM Group Consulting LLC	(via phone) (via phone)	
Alan Rayl	Rayl Engineering		
Various Residents in Audience and via Webex

FIRST ORDER OF BUSINESS		Organizational Matters Call to Order and Roll Call
The Board of Supervisors Meeting for the Silverleaf Community Development District was called to order at 1:00 p.m. Ms. Ripoll proceeded with roll call and confirmed quorum. Those in attendance are outlined above.

Public Comment Period

A resident requested the schedule for the aquatic planting. Ms. Ripoll noted planting has not been started as of yet.
A resident commented on the algae in Pond 20. Ms. Ripoll will follow up with Pond Professionals. There were no further public comments at this time.
SECOND ORDER OF BUSINESS	General Business Matters Consideration of the Minutes of the
February 2, 2026, Board of Supervisors
Meeting
The Board reviewed the minutes.

Ms. Ripoll noted the minutes will be on the District’s website once approved.

ON MOTION by Mr. Powell, seconded by Mr. Gressin, with all in favor, the Board approved the Minutes of the February 2, 2026, Board of Supervisors Meeting.

Update from Pond Professionals LLC
Ms. Ripoll noted an email update will be sent out to the Board.

It was noted four ponds will have aquatic planting completed this year.

Update of Drainage on Deep Creek
Publix	Pond	Outfall Maintenance
Storm sewer Line Jetting Proposals
Atlantic	Pipe Services
Cloud 9

Mr. Rayl gave an update. The area has been cleared up to the wetlands, and the Publix Pond is draining. The outfall may need to be lowered in the future, but this will require entering the wetlands with Southwest Florida Water Management District permission. Mr. Rayl will follow up with Southwest Florida Water Management District as needed.
There was discussion regarding the bubble-up structure at the end of the pipe and drainage. Ms. Ripoll noted the expense for this project was $6,072.12.
There was brief discussion regarding Southwest Florida Water Management District helping with subsidies. Mr. Rayl noted they usually do not cover operation and maintenance issues.

Mr. Rayl gave an overview of the two proposals for the storm sewer line in Pond 1. It was noted a diver is included in the proposals and both proposals are the same scope of work.
Ms. Ripoll noted the previous authorization was for $7,500.00.

ON MOTION by Mr. Gressin, seconded by Mr. Davis, with all in favor, the Board approved Storm Sewer Line Jetting Proposal from Atlantic Pipe Services, in the amount of $9,925.04.

Mr. Rayl will follow up to schedule and to notify the residents.

There was brief discussion regarding the location and irrigation system. It was noted the irrigation system is not affected.
A resident commented on the grading. Mr. Davis gave a historical overview related to the standing water and swale. Mr. Rayl gave an overview of the location and issues. It was noted the only solution is re-grading.

There was discussion regarding the grading. Ms. Ripoll noted the storm drains need to be maintained. Mr. Rayl recommended saw cutting slots in the side of the structures that are above the pond. Mr. Rayl will follow up with gathering quotes.

Update	on	Crooked	Creek Drainage
Ms. Ripoll noted the work has been completed.

Mr. Davis gave an update. He commented regarding the HOA newsletter and resident notification. This project was listed in the Front Steps newsletter, sent out via email blast, and a letter was sent to the HOA President. It was noted anything needing to be sent out should be sent to George to distribute to the HOA Manager and residents.
Mr. Davis also gave an update on the tree trimming and noted residents need to join the email list and view the District’s website for community updates.
Mr. Gressin noted he has asked to schedule a meeting with the new HOA President to review the responsibilities of the CDD and to confirm communication options.
Mr. Gressin thanked Mr. Davis for his hard work on these projects.

Discussion	of	Engineering Services
There was no update at this time.

Lake	Bank	Erosion	Repair Discussion
Ms. Ripoll noted there has been no update. She will contact the HOA President to attend the next CDD meeting to discuss the erosion issues related to pool installations and encroachment on easements.

There was brief discussion regarding the required ARC deposit.

Ms. Ripoll will follow up with scheduling a pond workshop for residents, including the HOA. This item will be kept on the agenda.

Ratification	of	Payment Authorization Nos. 255-258
The Board reviewed the payment authorizations.

Ms. Ripoll noted these were contractual obligations needing ratification.

ON MOTION by Mr. Decker, seconded by Mr. Powell, with all in favor, the Board approved Payment Authorization Nos. 255 - 258.

Review	of	District	Financial Statements
The Board reviewed the District Financial Statements as of January 2026. Ms. Ripoll noted any questions can be directed to Mr. Montejano.
Mr. Montejano noted approximately 95% of the special assessments have been paid.

ON MOTION by Mr. Davis, seconded by Mr. Abramski, with all in favor, the Board approved the District Financial Statements.

THIRD ORDER OF BUSINESS	Other Business Staff Reports
District Counsel-	Not present.

District Engineer-
Update on Falling Leaf and Deep Creek
Final Notice of As-Built Deviations
Mr. Rayl gave an update and noted Falling Leaf Ct. should improve by the work that was completed.
Mr. Rayl gave an update on the final notice of as-built deviations. He noted that the flood plain pond is higher than originally designed and ZNS is going to submit new calculations. This has not been submitted as of yet. Once completed, permits will get transferred into the District’s name.

District Manager-
Next Meeting April 6, 2026
Ms. Ripoll noted the next Board meeting is April 6, 2026, at the Amenity Center.

Mr. Davis requested a standard communication letter to notify affected residents of projects. Ms. Ripoll noted all information regarding the budget can be found on the District’s website.
Supervisor	Requests	and Audience Comments

Ms. Ripoll noted she is working on scheduling a class for the required annual Ethics Training.
A resident commented regarding the Crooked Creek Ct. project and noted there is still standing water on Woodmont Dr. and still in disarray.

Mr. Davis gave an update and overview. He noted it has been raked, but extra fill-dirt is not within the budget. Seeds have been scattered in that location to help with vegetation. There is no further work being completed in that location.
There were no Supervisor requests or audience comments at this time.

FOURTH ORDER OF BUSINESS	Adjournment

ON MOTION by Mr. Gressin, seconded by Mr. Powell, with all in favor, the March 2, 2026, Meeting of the Board of Supervisors of the Silverleaf Community Development District was adjourned at 2:00 p.m.

There were no additional comments from the Board. Ms. Ripoll called for a motion to adjourn.

Secretary/Assistant Secretary	Chairperson/Vice Chairperson

Silverleaf Community Development District

Update from Pond Professionals LLC

Silverleaf Community Development District

Discussion of Engineering Services

Silverleaf Community Development District

Lake Bank Erosion Repair Discussion

Silverleaf Community Development District

Consideration of Options to Restore a Sound and Visual Barrier between US 301 and the Silverleaf Community

On Wed, Mar 11, 2026 at 11:51 AM lanternlan (null) <lanternlan@aol.com> wrote: Please see letter written to the county below . I have spoken with the manager from FDOT that is managing the installation of the lights and that oversees this area of the state highway .
I have heard from the county as well that it is not their responsibility.
They both confirmed that this is a CDD and HOA issue and that they will not help in any way.
I am asking both the CDD and HOA to help us with some large tree plantings in this area to alleviate the issue.
Thank you Susan Stanton

Begin forwarded message:

From: "lanternlan (null)" <lanternlan@aol.com>
Subject: Request for noise mitigation and landscaping on 301 between Chin Road and Old Tampa
Date: February 13, 2026 at 10:33:42 AM EST
To: carolann.felts@mymanatee.org

Dear Carol Felts,

I am a resident of Silverleaf in Parrish, Florida, and I am writing to express concerns regarding the significant increase in road noise along Sand Pine and Rustling Pines over the past several years.
With the expansion of US 301, along with the development of the hospital and new apartment complexes across the street, traffic volume and noise levels have risen substantially. In addition, the tree line that once served as a natural buffer between our neighborhood and the roadway has noticeably diminished. As a result, we have lost much of the peace and quiet that originally characterized our community.

Beyond the noise concerns, the increased visibility of commercial properties and multi-family developments directly impacts the character of our neighborhood and may affect our property values.
I would like to respectfully inquire whether the county would consider installing a berm or planting additional trees to help restore a sound and visual barrier between US 301 and our community. Any measures to mitigate the noise and improve screening would be greatly appreciated by the residents of Rustling Pines.
Thank you for your time and consideration. I look forward to your response.
Sincerely, Susan Stanton Rustling Pines
Parrish, FL 34219

Silverleaf Community Development District

Review and Consideration of Arbitrage Rebate Capital Improvement Revenue Bonds, Series 2018A-1 and 2018A-2 with Tax Exempt Compliance Services

Silverleaf Community Development District
$6,130,000 Capital Improvement Revenue Bonds, Series 2018A-1 and 2018A-2
Installment Date Computation

For the period March 2, 2018 through March 2, 2023

Tax Exempt Compliance Services, LLC (Wholly owned subsidiary of GNP Services, CPA, PA)
P.O. Box 1179
Orange Park, FL 32067-1179 linda@dufresnecpas.com or tisha@gnpcpas.com 904-327-8377

March 20, 2026

Mr. Paul Gressin, Chairman
Silverleaf Community Development District 4208 Cottage Hill Avenue
Parrish, Florida 34219

RE: Installment Date Computation

Dear Mr. Gressin:

Tax Exempt Compliance Services, LLC has been requested to compute the Rebatable Arbitrage Liability with respect to the Silverleaf Community Development District
$6,130,000 Capital Improvement Revenue Bonds, Series 2018A-1 and 2018A-2. All computations included herein are mathematically accurate and have been performed in accordance with the Code. All capitalized terms are defined in the attached report.

There is no Rebatable Arbitrage Liability or Yield Reduction Payment Amount for the Cumulative Computation Period. Accordingly, there is no amount due to the
U.S. Government as of the Current Installment Computation Date.

The next Installment Computation Date is March 2, 2028.
Please see attached supporting schedules for further details. If you have questions regarding this report, or any other concerns, please call (904) 327-8377.

Very truly yours,

Tax Exempt Compliance Services, LLC Enclosure
cc: Ms. Venessa Ripoll, PFM Group Consulting LLC

CONTENTS
DEFINITIONS	1
Summary of Bond Document Representations and
RELATED CONCLUSIONS	2
ASSUMPTIONS	3
SOURCES AND USES	4
Conclusions
Arbitrage Yield/Investment Yield Comparison	4
Rebatable Arbitrage Liability Expectation	5
Rebatable Arbitrage Liability	5
RECORD KEEPING REQUIREMENTS	5

Supporting Schedules
Synopsis of Computation Results

Rebatable Arbitrage Liability Computations

Acquisition and Construction Fund	Schedule A

Restricted Acquisition and Construction Fund	Schedule B

A-1 Reserve Fund	Schedule C
Costs of Issuance Fund	Schedule D

Definitions
Arbitrage Yield - The semiannual discount rate at which the present value of payments of principal and interest equals the par amount of the bonds adjusted as follows: if applicable, plus accrued interest and original issue premium, and less original issue discount, cost of credit enhancement and/or reserve surety.
Bona Fide Debt Service Fund - A fund that is used primarily to achieve a proper matching of revenues with principal and interest payments within each bond year and that may be excluded from the Rebatable Arbitrage Liability computation if the requirements specified in the Code for the Bona Fide Debt Service Fund exemption are met.
Bond Documents - Tax Certificate as to Arbitrage, IRS Form 8038-G and Limited Offering Memorandum executed as of the Issue Date and information regarding the investment and expenditures of gross proceeds. Nothing has come to our attention that has led us to conclude that any of the information included in these documents has been affected by events or circumstances occurring after their respective dates.
Bonds - Silverleaf Community Development District $6,130,000 Capital Improvement Revenue Bonds, Series 2018A-1 and 2018A-2
Code - Section 148(f) of the Internal Revenue Code of 1986 and existing applicable Treasury Regulations
Cumulative Computation Period - The period beginning on the Issue Date and ending on the Current Installment Computation Date
Cumulative Rebatable Arbitrage Liability - The Rebatable Arbitrage Liability for the Cumulative Computation Period
Current Installment Computation Date - March 2, 2023
Debt Service Funds - The A-1 Sinking, A-1 Interest, A-1 Prepayment, A-2 Sinking, A-2 Interest, A-2 Prepayment and Redemption Funds
Installment Computation Dates - Any date not later than the fifth anniversary of the Issue Date of the Bonds and each subsequent fifth year thereafter. For the Bonds, the Installment Computation Dates are March 2, 2023 and each subsequent fifth March 2 thereafter.
Issue Date - March 2, 2018
Issuer - Silverleaf Community Development District

Rebatable Arbitrage Liability - The excess of receipts over payments calculated in accordance with the Code
Rebatable Arbitrage Liability Payment Due Date - The date that is no later than sixty days past each Installment Computation Date
Yield Reduction Payment Amount - The payment amount made to the federal government in order to reduce the yield on investment of Bond proceeds to meet yield restriction requirements under the Code
Yield Restricted Period - The period beginning on March 2, 2021 and ending on the Current Installment Computation Date

Summary of Bond Document Representations and Related Conclusions
Representations
The Bond Documents state the following:
The Bonds were issued on March 2, 2018.
The A-1 Reserve Fund is “reasonably required” in accordance with the Code.
The temporary period for the Acquisition and Construction Fund and Restricted Acquisition and Construction Fund is three years.
The Debt Service Funds are expected to meet the requirements of a Bona Fide Debt Service Fund.
The Arbitrage Yield is 5.867333%.
The Bonds were issued for the purpose of financing a portion of the cost of the District’s Phases II, III and VI Capital Improvement Program, including off-site public roadways, stormwater pipes and other stormwater facilities including curbs and gutters, potable water distribution and facilities, sanitary sewer lines and facilities, professional fees and contingency; funding a deposit to the A-1 Reserve Fund in the amount of the A-1 reserve requirement; and paying the costs and expenses incurred in connection with the issuance of the Bonds.

Related Conclusions
We have concluded the following:
The Bonds are subject to the 1993 Regulations. New regulations or rulings that apply to the Bonds may be enacted. If so, it should be determined that the computation of the Rebatable Arbitrage Liability complies with any applicable changes.
The next Rebatable Arbitrage Liability Payment Due Date is May 1, 2028, assuming an Installment Computation Date of March 2, 2028.
The A-1 Reserve Fund may be invested at an unrestricted yield.
No unspent proceeds existed in the Acquisition and Construction Fund and Restricted Acquisition and Construction Fund subsequent to March 2, 2021; therefore no yield reduction payments will be required for the Yield Restricted Period.
The Debt Service Funds have been appropriately excluded from the Rebatable Arbitrage Liability computation because they met the Bona Fide Debt Service Fund exemption requirements.
Assumptions
Certain Bond documents, financial records and other materials relevant to the computation of any amounts due pursuant to the requirements of the Code have been provided to us by various parties. Nothing has come to our attention to lead us to conclude that any of the information provided includes errors or omissions; therefore we have assumed that all information included in the materials provided to us is accurate and complete.
We have assumed that all transaction activity provided to us is includable in the computation of any amounts due pursuant to the requirements of the Code.

We have assumed the financial schedules and information provided with respect to the proceeds is accurate in all respects, including dates and amounts of the cash flow transactions. We further assumed that a current cash outlay occurred no later than 5 banking days after the date on which the allocation of gross proceeds to an expenditure was made.

Sources and Uses
Sources

Series 2018A-1 Principal	$	2,275,000.00	
Series 2018A-2 Principal	3,855,000.00	
Total	$	6,130,000.00	

Uses

Acquisition and Construction Fund	$	4,188,753.37	
Restricted Acquisition and Construction Fund	1,615,946.00	
Costs of Issuance Fund	162,000.00	
Underwriterʹs Discount	122,600.00	
A-1 Reserve Fund	40,700.63	
Total	$	6,130,000.00	

Conclusions

Arbitrage Yield/Investment Yield Comparison
The Arbitrage Yield is stated in the Bond Documents to be 5.867333%. The Bond Documents further state that the computation of the Arbitrage Yield is based on a year of 360 days comprised of twelve 30-day months with interest compounding semi-annually.

The yield on the U.S. Bank Treasury Obligations (the “Combined Treasury Yield”) is calculated to be 0.260617% as shown on Schedules A-D. The Combined Treasury Yield is based on a year of 360 days comprised of twelve 30-day months with interest compounding semi-annually.

Arbitrage Yield
5.867333%

Combined
Treasury Yield 0.260617%

0%

1%

2%

3%

4%

5%

6%

Negative Arbitrage

Rebatable Arbitrage Liability Expectation
The Combined Treasury Yield on the Gross Proceeds that are subject to the Rebatable Arbitrage Liability computation was less than the Arbitrage Yield during the Cumulative Computation Period, as shown above. This results in an expectation of negative Rebatable Arbitrage Liability with respect to those Gross Proceeds as shown on Schedules A-D. The results are in accordance with expectations.

Rebatable Arbitrage Liability
The Rebatable Arbitrage Liability computation results in a Cumulative Rebatable Arbitrage Liability in the negative amount of $(397,220.66). Therefore no payment is due as of the Current Installment Computation Date.
Record Keeping Requirements
Records evidencing the transaction data used to calculate arbitrage rebate and yield restriction amounts must be maintained until three years after the last outstanding bond of the issue is redeemed. This report, and documentation we maintain in our files, cannot be relied upon to meet the record retention requirement.

SYNOPSIS OF COMPUTATION RESULTS
As of the Current Installment Computation Date 02-Mar-23

Silverleaf Community Development District
$6,130,000 Capital Improvement Revenue Bonds, Series 2018A-1 and 2018A-2

Cumulative Computation Period			
Acquisition and Construction Fund Restricted Acquisition and Construction Fund A-1 Reserve Fund
Costs of Issuance Fund
Computation Date Credits	$	(239,433.15)
(119,636.86)
(27,264.04)
(715.74)
(10,170.87)	
Cumulative Rebatable Arbitrage Liability	$	(397,220.66)	
		
Gross Proceeds Subject to Arbitrage Rebate Remaining As of the Current Installment Computation Date

A-1 Reserve Fund	$	80,023.75	
Debt Service Funds		3,553.50	
Total	$	83,577.25	

		Schedule A			
Rebatable Arbitrage Liability Computation	
Acquisition and Construction Fund	
Silverleaf Community Development District	
$6,130,000 Capital Improvement Revenue Bonds,	
Series 2018A-1 and 2018A-2	
Issue Date	02-Mar-18	Combined Treasury Yield		0.260617%	
Beginning Date	02-Mar-18	Arbitrage Yield		5.867333%	
Computation Date	02-Mar-23	Total Earnings	$	9,305.02	

Date	
Receipts		
Payments	
Earnings		
Balance	Future
Value at Arbitrage Yield	Present
Value at Investment Yield	
02-Mar-18	$	-	$	(4,188,753.37)	$	-	$	4,188,753.37	$	(5,593,185.42)	$	4,188,753.37	
15-Mar-18	1,368,393.21						2,820,360.16	1,823,385.14	(1,368,258.33)	
02-Apr-18					561.10		2,820,360.16	745.63	(560.97)	
03-Apr-18			(561.10)				2,820,921.26	(745.51)	560.97	
03-Apr-18	486,788.08						2,334,133.18	646,772.72	(486,673.67)	
25-Apr-18	220,691.43						2,113,441.75	292,188.03	(220,602.76)	
01-May-18					473.34		2,113,441.75	626.08	(473.13)	
02-May-18			(473.34)				2,113,915.09	(625.98)	473.12	
31-May-18	244,283.44						1,869,631.65	321,609.79	(244,120.49)	
01-Jun-18						447.17		1,869,631.65	588.62	(446.87)	
04-Jun-18				(447.17)				1,870,078.82	(588.34)	446.86	
28-Jun-18		30,779.10						1,839,299.72	40,340.17	(30,752.04)	
02-Jul-18						383.62		1,839,299.72	502.46	(383.27)	
03-Jul-18				(383.62)				1,839,683.34	(502.38)	383.27	
20-Jul-18		96,372.63						1,743,310.71	125,863.78	(96,271.84)	
27-Jul-18		28,852.27						1,714,458.44	37,639.05	(28,820.57)	
01-Aug-18					455.52		1,714,458.44	593.86	(455.01)	
02-Aug-18			(455.52)				1,714,913.96	(593.77)	455.00	
22-Aug-18	167,116.91						1,547,797.05	217,137.59	(166,901.63)	
04-Sep-18						423.21		1,547,797.05	548.82	(422.63)	
05-Sep-18				(423.21)				1,548,220.26	(548.74)	422.62	
01-Oct-18						381.74		1,548,220.26	492.90	(381.14)	
02-Oct-18				(381.74)				1,548,602.00	(492.82)	381.13	
05-Oct-18		54,110.77						1,494,491.23	69,823.00	(54,023.45)	
15-Oct-18				(17,546.28)				1,512,037.51	(22,604.88)	17,516.64	
22-Oct-18		20,222.76						1,491,814.75	26,023.71	(20,187.52)	
29-Oct-18		2,637.50						1,489,177.25	3,390.26	(2,632.76)	
01-Nov-18						383.29		1,489,177.25	492.53	(382.60)	
02-Nov-18				(383.29)				1,489,560.54	(492.45)	382.59	
02-Nov-18		628.00						1,488,932.54	806.85	(626.86)	
30-Nov-18		15,396.25						1,473,536.29	19,692.13	(15,364.99)	
03-Dec-18						367.01		1,473,536.29	469.19	(366.26)	
04-Dec-18				(367.01)				1,473,903.30	(469.11)	366.25	
04-Dec-18		990.00						1,472,913.30	1,265.42	(987.96)	
10-Dec-18				(129,710.17)				1,602,623.47	(165,635.79)	129,437.04	
02-Jan-19						398.76		1,602,623.47	507.41	(397.85)	
03-Jan-19				(398.76)				1,603,022.23	(507.33)	397.85	
15-Jan-19				(2.02)				1,603,024.25	(2.57)	2.02	
01-Feb-19						408.44		1,603,024.25	517.31	(407.42)	
04-Feb-19				(408.44)				1,603,432.69	(517.06)	407.41	
01-Mar-19						369.00		1,603,432.69	465.11	(368.00)	
04-Mar-19				(369.00)				1,603,801.69	(464.89)	367.99	
05-Mar-19				(4,503.52)				1,608,305.21	(5,672.86)	4,491.14	
08-Mar-19		9,208.50						1,599,096.71	11,593.91	(9,182.98)	
12-Mar-19		2,958.50						1,596,138.21	3,722.49	(2,950.21)	

	
Date	
Receipts	
Payments	
Earnings	
Balance	Future
Value at Arbitrage Yield	Present
Value at Investment Yield	
15-Mar-19		(1,617,971.63)		3,214,109.84	(2,034,808.38)	1,613,402.01	
01-Apr-19			633.40	3,214,109.84	794.54	(631.53)	
02-Apr-19		(819.72)		3,214,929.56	(1,028.09)	817.30	
01-May-19			792.72	3,214,929.56	989.61	(790.21)	
02-May-19		(792.72)		3,215,722.28	(989.45)	790.20	
15-May-19	3,978.75			3,211,743.53	4,955.80	(3,965.71)	
03-Jun-19			818.79	3,211,743.53	1,016.91	(815.99)	
04-Jun-19		(818.79)		3,212,562.32	(1,016.75)	815.99	
01-Jul-19			792.12	3,212,562.32	979.37	(789.25)	
02-Jul-19		(792.12)		3,213,354.44	(979.22)	789.24	
17-Jul-19	279,312.60			2,934,041.84	344,454.60	(278,266.21)	
01-Aug-19			653.59	2,934,041.84	804.21	(651.07)	
02-Aug-19		(653.59)		2,934,695.43	(804.08)	651.07	
16-Aug-19	5,675.50			2,929,019.93	6,966.63	(5,652.99)	
03-Sep-19			498.00	2,929,019.93	609.62	(495.96)	
04-Sep-19		(498.00)		2,929,517.93	(609.53)	495.96	
05-Sep-19			64.20	2,929,517.93	78.56	(63.94)	
05-Sep-19	2,929,517.93			0.00	3,584,998.42	(2,917,480.98)	
Totals						$	(239,433.15)	$	0.00	

		Schedule B			
Rebatable Arbitrage Liability Computation	
Restricted Acquisition and Construction Fund	
Silverleaf Community Development District	
$6,130,000 Capital Improvement Revenue Bonds,	
Series 2018A-1 and 2018A-2	
Issue Date	02-Mar-18	Combined Treasury Yield		0.260617%	
Beginning Date	02-Mar-18	Arbitrage Yield		5.867333%	
Computation Date	02-Mar-23	Total Earnings	$	4,689.84	

Date	
Receipts	
Payments	
Earnings	
Balance	Future
Value at Arbitrage Yield	Present
Value at Investment Yield	
02-Mar-18	$	-	$	(1,615,946.00)	$	-	$	1,615,946.00	$	(2,157,750.72)	$	1,615,946.00	
02-Apr-18			265.63	1,615,946.00	352.99	(265.57)	
03-Apr-18		(265.63)		1,616,211.63	(352.93)	265.57	
01-May-18			329.88	1,616,211.63	436.33	(329.73)	
02-May-18		(329.88)		1,616,541.51	(436.26)	329.73	
01-Jun-18			343.24	1,616,541.51	451.82	(343.00)	
04-Jun-18		(343.24)		1,616,884.75	(451.60)	342.99	
02-Jul-18			332.23	1,616,884.75	435.15	(331.92)	
03-Jul-18		(332.23)		1,617,216.98	(435.08)	331.92	
01-Aug-18			409.84	1,617,216.98	534.31	(409.37)	
02-Aug-18		(409.84)		1,617,626.82	(534.23)	409.36	
04-Sep-18			412.16	1,617,626.82	534.49	(411.58)	
05-Sep-18		(412.16)		1,618,038.98	(534.41)	411.57	
01-Oct-18			398.95	1,618,038.98	515.12	(398.30)	
02-Oct-18		(398.95)		1,618,437.93	(515.04)	398.30	
01-Nov-18			412.37	1,618,437.93	529.89	(411.61)	
02-Nov-18		(2,438.00)		1,620,875.93	(3,132.31)	2,433.46	
03-Dec-18			399.65	1,620,875.93	510.91	(398.81)	
04-Dec-18		(399.65)		1,621,275.58	(510.83)	398.81	
02-Jan-19			413.08	1,621,275.58	525.63	(412.12)	
03-Jan-19		(413.08)		1,621,688.66	(525.54)	412.12	
01-Feb-19			413.19	1,621,688.66	523.33	(412.14)	
04-Feb-19		(413.19)		1,622,101.85	(523.07)	412.13	
01-Mar-19			373.30	1,622,101.85	470.53	(372.26)	
04-Mar-19		(373.30)		1,622,475.15	(470.30)	372.25	
05-Mar-19	4,503.52			1,617,971.63	5,672.86	(4,490.84)	
15-Mar-19	1,617,971.63			0.00	2,034,808.38	(1,613,291.21)	
01-Apr-19			186.32	0.00	233.72	(185.76)	
Totals						$	(119,636.86)	$	0.00	

		Schedule C			
Rebatable Arbitrage Liability Computation	
		A-1 Reserve Fund			
Silverleaf Community Development District	
$6,130,000 Capital Improvement Revenue Bonds,	
Series 2018A-1 and 2018A-2	
Issue Date	02-Mar-18	Combined Treasury Yield		0.260617%	
Beginning Date	02-Mar-18	Arbitrage Yield		5.867333%	
Computation Date	02-Mar-23	Total Earnings	$	293.29	

Date	
Receipts	
Payments	
Earnings		
Balance	Future
Value at Arbitrage Yield	Present
Value at Investment Yield	
02-Mar-18	$	-	$	(40,700.63)	$	-	$	40,700.63	$	(54,347.00)	$	40,700.63	
02-Apr-18					6.69		40,700.63	8.89	(6.69)	
03-Apr-18			(6.69)				40,707.32	(8.89)	6.69	
01-May-18					8.31		40,707.32	10.99	(8.31)	
02-May-18			(8.31)				40,715.63	(10.99)	8.31	
01-Jun-18					8.65		40,715.63	11.39	(8.65)	
04-Jun-18			(8.65)				40,724.28	(11.38)	8.65	
02-Jul-18					8.37		40,724.28	10.96	(8.37)	
03-Jul-18			(8.37)				40,732.65	(10.96)	8.37	
01-Aug-18					10.32		40,732.65	13.45	(10.32)	
02-Aug-18			(10.32)				40,742.97	(13.45)	10.32	
04-Sep-18					10.38		40,742.97	13.46	(10.38)	
05-Sep-18			(10.38)				40,753.35	(13.46)	10.38	
01-Oct-18					10.05		40,753.35	12.98	(10.05)	
02-Oct-18			(10.05)				40,763.40	(12.97)	10.05	
01-Nov-18					10.39		40,763.40	13.35	(10.39)	
02-Nov-18			(10.39)				40,773.79	(13.35)	10.39	
03-Dec-18					10.05		40,773.79	12.85	(10.04)	
04-Dec-18			(10.05)				40,783.84	(12.85)	10.04	
02-Jan-19					10.39		40,783.84	13.22	(10.38)	
03-Jan-19			(10.39)				40,794.23	(13.22)	10.38	
01-Feb-19					10.39		40,794.23	13.16	(10.38)	
04-Feb-19			(10.39)				40,804.62	(13.15)	10.38	
01-Mar-19					9.39		40,804.62	11.84	(9.38)	
04-Mar-19			(9.39)				40,814.01	(11.83)	9.38	
14-Mar-19	113.38						40,700.63	142.61	(113.30)	
01-Apr-19					10.38		40,700.63	13.02	(10.37)	
01-May-19					10.04		40,700.63	12.53	(10.03)	
13-May-19			(40,553.12)				81,253.75	(50,527.82)	40,519.15	
03-Jun-19					16.70		81,253.75	20.74	(16.69)	
01-Jul-19					20.04		81,253.75	24.78	(20.02)	
01-Aug-19					17.25		81,253.75	21.23	(17.23)	
03-Sep-19					13.80		81,253.75	16.89	(13.79)	
01-Oct-19					12.02		81,253.75	14.65	(12.01)	
01-Nov-19					10.35		81,253.75	12.55	(10.34)	
13-Nov-19			(22,218.01)				103,471.76	(26,893.92)	22,191.63	
02-Dec-19					11.66		103,471.76	14.07	(11.65)	
02-Jan-20					13.18		103,471.76	15.83	(13.16)	
03-Feb-20					13.15		103,471.76	15.71	(13.13)	
02-Mar-20					10.88		103,471.76	12.94	(10.86)	
01-Apr-20					4.91		103,471.76	5.81	(4.90)	
01-May-20					0.85		103,471.76	1.00	(0.85)	
01-Jun-20					0.88		103,471.76	1.03	(0.88)	
01-Jul-20					0.51		103,471.76	0.60	(0.51)	
03-Aug-20					0.48		103,471.76	0.56	(0.48)	

	
Date	
Receipts	
Payments	
Earnings	
Balance	Future
Value at Arbitrage Yield	Present
Value at Investment Yield	
01-Sep-20		

(92,484.63)	0.44	103,471.76	0.51	(0.44)	
01-Oct-20			0.42	103,471.76	0.48	(0.42)	
02-Nov-20			0.44	103,471.76	0.50	(0.44)	
04-Nov-20				195,956.39	(105,811.15)	92,311.81	
12-Nov-20	92,484.63			103,471.76	105,675.26	(92,310.37)	
01-Dec-20			0.53	103,471.76	0.60	(0.53)	
04-Jan-21			0.44	103,471.76	0.50	(0.44)	
01-Feb-21			0.44	103,471.76	0.50	(0.44)	
01-Mar-21			0.40	103,471.76	0.45	(0.40)	
01-Apr-21			0.44	103,471.76	0.49	(0.44)	
03-May-21			0.43	103,471.76	0.48	(0.43)	
01-Jun-21			0.44	103,471.76	0.49	(0.44)	
01-Jul-21			0.43	103,471.76	0.47	(0.43)	
02-Aug-21			0.44	103,471.76	0.48	(0.44)	
01-Sep-21			0.44	103,471.76	0.48	(0.44)	
01-Oct-21			0.43	103,471.76	0.47	(0.43)	
01-Nov-21			0.44	103,471.76	0.48	(0.44)	
01-Dec-21			0.43	103,471.76	0.46	(0.43)	
03-Jan-22			0.44	103,471.76	0.47	(0.44)	
01-Feb-22			0.44	103,471.76	0.47	(0.44)	
01-Mar-22			0.40	103,471.76	0.42	(0.40)	
01-Apr-22			0.44	103,471.76	0.46	(0.44)	
02-May-22			0.43	103,471.76	0.45	(0.43)	
01-Jun-22			0.44	103,471.76	0.46	(0.44)	
01-Jul-22			0.43	103,471.76	0.45	(0.43)	
01-Aug-22			0.44	103,471.76	0.46	(0.44)	
01-Aug-22	23,448.01			80,023.75	24,256.39	(23,375.68)	
01-Sep-22			0.34	80,023.75	0.35	(0.34)	
03-Oct-22			0.33	80,023.75	0.34	(0.33)	
01-Nov-22			0.34	80,023.75	0.35	(0.34)	
01-Dec-22			0.33	80,023.75	0.33	(0.33)	
03-Jan-23			0.34	80,023.75	0.34	(0.34)	
01-Feb-23			0.34	80,023.75	0.34	(0.34)	
01-Mar-23			0.31	80,023.75	0.31	(0.31)	
02-Mar-23	80,023.75		0.01	0.00	80,023.76	(79,744.18)	
Totals						$	(27,264.04)	$	0.00	

		Schedule D			
Rebatable Arbitrage Liability Computation	
Costs of Issuance Fund	
Silverleaf Community Development District	
$6,130,000 Capital Improvement Revenue Bonds,	
Series 2018A-1 and 2018A-2	
Issue Date	02-Mar-18	Combined Treasury Yield		0.260617%	
Beginning Date	02-Mar-18	Arbitrage Yield		5.867333%	
Computation Date	02-Mar-23	Total Earnings	$	73.30	

Date	
Receipts	
Payments	
Earnings	
Balance	Future
Value at Arbitrage Yield	Present
Value at Investment Yield	
05-Mar-18	$	-	$	(24,750.00)	$	-	$	24,750.00	$	(33,032.42)	$	24,750.00	
05-Mar-18	5,775.00			18,975.00	7,707.56	(5,775.00)	
06-Mar-18	1,500.00			17,475.00	2,001.64	(1,499.97)	
08-Mar-18	17,475.00			0.00	23,311.65	(17,474.00)	
08-Mar-18		(17,475.00)		17,475.00	(23,311.65)	17,474.00	
02-Apr-18			12.90	17,475.00	17.14	(12.89)	
02-Apr-18			0.30	17,475.00	0.40	(0.30)	
03-Apr-18		(13.20)		17,488.20	(17.54)	13.19	
01-May-18			18.15	17,488.20	24.01	(18.13)	
02-May-18		(18.15)		17,506.35	(24.00)	18.13	
01-Jun-18			19.40	17,506.35	25.54	(19.37)	
01-Jun-18			0.01	17,506.35	0.01	(0.01)	
04-Jun-18		(19.41)		17,525.76	(25.54)	19.38	
08-Jun-18	17,475.00			50.76	22,977.05	(17,444.12)	
08-Jun-18		(17,475.00)		17,525.76	(22,977.05)	17,444.12	
02-Jul-18			4.52	17,525.76	5.92	(4.51)	
02-Jul-18			2.76	17,525.76	3.62	(2.75)	
03-Jul-18		(7.28)		17,533.04	(9.53)	7.26	
01-Aug-18			4.44	17,533.04	5.79	(4.43)	
02-Aug-18		(4.44)		17,537.48	(5.79)	4.43	
04-Sep-18			4.47	17,537.48	5.80	(4.45)	
05-Sep-18		(4.47)		17,541.95	(5.80)	4.45	
01-Oct-18			4.33	17,541.95	5.59	(4.31)	
02-Oct-18		(4.33)		17,546.28	(5.59)	4.31	
15-Oct-18	17,546.28			0.00	22,604.88	(17,473.02)	
01-Nov-18			2.02	0.00	2.60	(2.01)	
02-Nov-18		(2.02)		2.02	(2.60)	2.01	
15-Jan-19	2.02			0.00	2.57	(2.01)	
Totals						$	(715.74)	$	0.00	

Silverleaf Community Development District

Ratification of Payment Authorization #s 259-261

SILVERLEAF COMMUNITY DEVELOPMENT DISTRICT

Payment Authorization #259
2/24/2026

Invoice No

Supplier

Invoice Date  Property

Invoice Amount

2026.03.02	Parrish United Methodist Churc (SILVEL)

02/11/2026	Silverleaf CDD	125.00

Total:	125.00

District Manager / Assistant District Manager	Chairman / Vice Chairman

SILVERLEAF COMMUNITY DEVELOPMENT DISTRICT

Payment Authorization #260
3/4/2026

Invoice No

Supplier

Invoice Date  Property

Invoice Amount

2026.03.02	Frank Davis (SILVEL)	03/02/2026	Silverleaf CDD	200.00

2026.03.02

Jonathan Decker (SILVEL)

03/02/2026	Silverleaf CDD

200.00

2026.03.02

Paul Gressin (SILVEL)

03/02/2026	Silverleaf CDD

200.00

2026.03.02	Timothy Abramski (SILVEL)	03/02/2026	Silverleaf CDD	200.00

2026.03.02	Lawrence Powell (SILVEL)	03/02/2026	Silverleaf CDD	200.00

28887	Grau & Associates (SILVEL)	03/02/2026	Silverleaf CDD	1,500.00

Total:	2,500.00

District Manager / Assistant District Manager	Chairman / Vice Chairman

SILVERLEAF COMMUNITY DEVELOPMENT DISTRICT

Payment Authorization #261
3/10/2026

Invoice No

Supplier

Invoice Date  Property

Invoice Amount

0010936	A1 Earthworks LLC (SILVEL)	02/17/2026	Silverleaf CDD	3,597.12

6809

Persson, Cohen, Mooney, Fernan (SILVEL)

03/04/2026	Silverleaf CDD

1,639.30

RES 23-126-36	Rayl Engineering & Surveying (SILVEL)  03/04/2026	Silverleaf CDD	2,687.75

140952	PFM Group Consulting (SILVEL)	03/03/2026	Silverleaf CDD	133.30
8265	VGlobalTech (SILVEL)	03/01/2026	Silverleaf CDD	145.00
Total:	8,202.47

District Manager / Assistant District Manage	Chairman / Vice Chairman

Silverleaf Community Development District

Review of District Financial Statements

Silverleaf CDD
February 2026 Financial Package

February 28, 2026

PFM Group Consulting, LLC
3501 Quadrangle Blvd
Suite 270
Orlando, FL 32817
(407) 723-5900

Silverleaf CDD
Statement of Financial Position As of 2/28/2026

	General Fund		Debt Service - 2019		Debt Service - 2018		Debt Service - 2025		Long Term Debt Group		Total	
			
Assets									
Current Assets												
GF Checking account	$176,284.84										$176,284.84	
Assessments Receivable	7,852.79										7,852.79	
Deposits	167.00										167.00	
Assessments Receivable			$10,834.45								10,834.45	
Due From Other Funds			5,189.36								5,189.36	
Debt Service Reserve 2019A1			79,434.37								79,434.37	
Revenue Account 2019A1			231,025.74								231,025.74	
Prepayment Acct. 2019A1			3,666.38								3,666.38	
Assessments Receivable					$16,603.22						16,603.22	
Due from Other Funds					1,828.17						1,828.17	
Debt Service Reserve 2018A1 Bond					46,550.18						46,550.18	
Revenue 2018A Bond					177,131.01						177,131.01	
Prepayment 2018A1 Bond					1,207.79						1,207.79	
Prepayment 2018A2 Bond					1,249.82						1,249.82	
Assessments Receivable							$19,431.75				19,431.75	
Due From Other Funds							2,139.63				2,139.63	
Revenue Account 2025							211,739.38				211,739.38	
Interest Account 2025							1.61				1.61	
Prepayment 2025							3,416.68				3,416.68	
Total Current Assets	$184,304.63		$330,150.30		$244,570.19		$236,729.05		$0.00		$995,754.17	

Investments
Amount Available in Debt Service Funds Amount To Be Provided
Total Investments									

$753,853.22		

$753,853.22	
									5,643,146.78		5,643,146.78	
	$0.00		$0.00		$0.00		$0.00		$6,397,000.00		$6,397,000.00	
Total Assets	$184,304.63		$330,150.30		$244,570.19		$236,729.05		$6,397,000.00		$7,392,754.17	

Liabilities and Net Assets	
Current Liabilities												
Due To Other Funds	$5,557.16										$5,557.16	
Deferred Revenue	7,852.79										7,852.79	
Deferred Revenue			$10,834.45								10,834.45	
Deferred Revenue					$16,603.22						16,603.22	
Deferred Revenue							$19,431.75				19,431.75	
Total Current Liabilities	$13,409.95		$10,834.45		$16,603.22		$19,431.75		$0.00		$60,279.37	

Long Term Liabilities
Revenue Bonds Payable LongTerm Total Long Term Liabilities									

$6,397,000.00		

$6,397,000.00	
	$0.00		$0.00		$0.00		$0.00		$6,397,000.00		$6,397,000.00	
Total Liabilities	$13,409.95		$10,834.45		$16,603.22		$19,431.75		$6,397,000.00		$6,457,279.37	

Net Assets
Net Assets, Unrestricted
Current Year Net Assets, Unrestricted
Net Assets - General Government Current Year Net Assets - General Govt
Net Assets, Unrestricted
Current Year Net Assets, Unrestricted
Net Assets, Unrestricted
Current Year Net Assets, Unrestricted
Net Assets, Unrestricted
Current Year Net Assets, Unrestricted

Total Net Assets	

$147,458.36										

$147,458.36	
	2,583.89										2,583.89	
	(165,842.40)										(165,842.40)	
	186,694.83										186,694.83	
			$231,811.09								231,811.09	
			87,504.76								87,504.76	
					$131,356.12						131,356.12	
					96,610.85						96,610.85	
							$91,589.27				91,589.27	
							125,708.03				125,708.03	
	$170,894.68		$319,315.85		$227,966.97		$217,297.30		$0.00		$935,474.80	
												
Total Liabilities and Net Assets	$184,304.63		$330,150.30		$244,570.19		$236,729.05		$6,397,000.00		$7,392,754.17	

Debt Service - 2025		Long Term Debt Group		Total	

$186,308.51
$186,308.51		

$0.00		
$260,446.95
6,147.80
2,583.89
141,993.64
159,187.40
186,308.51
$756,668.19	

$5,000.00 55,601.34
$60,601.34		

$0.00		
$5,000.00 3,552.00
4,781.38
18,541.65
9,771.22
10,000.00
9,480.90
12,500.00
92.13
283.85
229.79
125.00
1,025.00
175.00
4,342.00
56,911.25
57,755.00
5,929.50
5,000.00
55,601.34
$261,097.01	

$0.86
$0.86

$125,708.03

$91,589.27		

$0.00

$0.00

$0.00		
$2,422.37 1,107.95
0.86
$3,531.18

$499,102.36

$436,372.44	

$217,297.30		
$0.00		
$935,474.80	

Silverleaf CDD Statement of Activities As of 2/28/2026

Revenues

General Fund

Debt Service - 2019

Debt Service - 2018

On-Roll Assessments	$260,446.95				
Other Assessments	6,147.80				
Other Revenue	2,583.89				
On-Roll Assessments			$141,993.64		
On-Roll Assessments					$159,187.40	
On Roll Assessments						
Total Revenues	$269,178.64		$141,993.64		$159,187.40	

   

Expenses

Supervisor Fees	$5,000.00				
Public Officials' Insurance	3,552.00				
Trustee Services	4,781.38				
Management	18,541.65				
Engineering	9,771.22				
Disclosure Agent	10,000.00				
District Counsel	9,480.90				
Assessment Administration	12,500.00				
Postage & Shipping	92.13				
Legal Advertising	283.85				
Miscellaneous	229.79				
Meeting Room	125.00				
Web Site Maintenance	1,025.00				
Dues, Licenses, and Fees	175.00				
General Insurance	4,342.00				
Interest Payments - 2019A1 Bond			$56,911.25		
Interest Payment - 2018A1 Bond					$57,755.00	
Interest Payment - 2018A2 Bond					5,929.50	
Principal Payment - S2025						
Interest Payment - S2025						
Total Expenses	$79,899.92		$56,911.25		$63,684.50	

Other Revenues (Expenses) & Gains (Losses)

Interest Income Interest Income Interest Income
Total Other Revenues (Expenses) & Gains (Losses)	

$0.00		$2,422.37

$2,422.37		
$1,107.95

$1,107.95	
Change In Net Assets	$189,278.72		$87,504.76		$96,610.85	
Net Assets At Beginning Of Year	($18,384.04)		$231,811.09		$131,356.12	

Net Assets At End Of Year	
$170,894.68		
$319,315.85		
$227,966.97	

Silverleaf CDD
Budget to Actual
For The Month Ending 2/28/2026

Year To Date

FY26

	Actual			Budget		Variance	Adopted Budget	

$	

209,763.45		

$	

91,051.25		

$	

118,712.20	$ 218,523.00	
	6,147.80			-			6,147.80	-	
	2,583.89			-			2,583.89	-	
	50,683.50			22,000.00			28,683.50	52,800.00	
	$269,178.64			$113,051.25			$156,127.39	$ 271,323.00	

$	
5,000.00		
$	
5,000.00		
$	
-	$ 12,000.00	
	3,552.00			1,570.85			1,981.15	3,770.00	
	4,781.38			5,562.50			(781.12)	13,350.00	
	18,541.65			18,541.65			-	44,500.00	
	9,771.22			12,500.00			(2,728.78)	30,000.00	
	10,000.00			4,583.35			5,416.65	11,000.00	
	9,480.90			8,333.35			1,147.55	20,000.00	
	12,500.00			5,208.35			7,291.65	12,500.00	
	-			312.50			(312.50)	750.00	
	-			1,958.35			(1,958.35)	4,700.00	
	-			416.65			(416.65)	1,000.00	
	-			20.85			(20.85)	50.00	
	92.13			625.00			(532.87)	1,500.00	
	283.85			625.00			(341.15)	1,500.00	
	229.79			208.35			21.44	500.00	
	125.00			-			125.00	-	
	1,025.00			1,425.00			(400.00)	3,420.00	
	175.00			72.90			102.10	175.00	
	-			8,333.35			(8,333.35)	20,000.00	
	-			416.65			(416.65)	1,000.00	
	-			8,333.35			(8,333.35)	20,000.00	
	-			12,500.00			(12,500.00)	30,000.00	
	-			4,166.65			(4,166.65)	10,000.00	
	4,342.00			1,920.00			2,422.00	4,608.00	
	-			2,083.35			(2,083.35)	5,000.00	
	-			8,333.25			(8,333.25)	20,000.00	
	79,899.92			113,051.25			(33,151.33)	271,323.00	
	    79,899.92			    113,051.25			   (33,151.33) 	-	
	189,278.72			-			189,278.72	-	

Percentage

Revenues
On-Roll Assessments Other Assessments Other Revenue
Carry Forward Revenue
Net Revenues
General & Administrative Expenses
Supervisor Fees
Public Officials' Insurance Trustee Services Management Engineering
Disclosure Agent District Counsel
Assessment Administration Reamortization Schedules Audit
Arbitrage Calculation Tax Preparation Postage & Shipping Legal Advertising Miscellaneous Meeting Room
Web Site Maintenance Dues, Licenses, and Fees
Wetland Maintenance Reserve Wetlands Monitoring Hurricane Clean Up Stormwater Management Stormwater Improvements General Insurance
General Repair & Maintenance Hardscape Maintenance
Total General & Administrative Expenses Total Expenses
Net Income (Loss)

96.0%
-
- 96.0%

99.2%

41.7%
94.2%
35.8%
41.7%
32.6%
90.9%
47.4%
100.0%
0.0%
0.0%
0.0%
0.0%
6.1%
18.9%
46.0%
0.0%
3.7%
585.7%
0.9%
0.0%
0.0%
0.0%
0.0%
0.0%
86.8%
0.0%

0.0%