North River Ranch
Improvement Stewardship District
October 2025 Financial Package

October 31, 2025

PFM Group Consulting LLC
3501 Quadrangle Boulevard
Suite 270
Orlando, FL 32817-8329
(407) 723-5900

North River Ranch Improvement SD	
Statement of Financial Position	
As of 10/31/2025	

General	
S19, S19-MG
Debt Service	
S20
Debt Service	
S23(1), S23(2)
Debt Service	
S23B
Debt Service	
S19, S19-MG
Capital Projects	
S20
Capital Projects	
S23(1), S23(2)
Capital Projects	
S23B
Capital Projects	
Long-Term Debt	
Total	

Assets	
Current Assets
General Checking Account Accounts Receivable
On-Roll Assessments Receivable Off-Roll Assessments Receivable Deposits
Assessments Receivable
Debt Service Reserve (Series 2019) Debt Service Reserve (Series 2019-MG) Revenue (Series 2019)
Revenue (Series 2019-MG) Interest A1 (Series 2019) Interest A1 (Series 2019-MG) Prepayment A1 (Series 2019)
Prepayment A1 (Series 2019-MG) Assessments Receivable
Debt Service Reserve A1 (Series 2020) Debt Service Reserve A2 (Series 2020) Revenue A1, A2 (Series 2020)
Interest A2 (Series 2020) Prepayment A2 (Series 2020)
On-Roll Assessments Receivable Off-Roll Assessments Receivable
Debt Service Reserve A1 (Series 2023-1) Debt Service Reserve A2 (Series 2023-1) Debt Service Reserve A (Series 2023-2) Revenue (Series 2023-1)
Interest A2 (Series 2023-1) Prepayment A1 (Series 2023-1) Prepayment A2 (Series 2023-1) Prepayment A (Series 2023-2) Sinking Fund A1 (Series 2023-1)
Capitalized Interest A1 (Series 2023-1) Capitalized Interest A (Series 2023-2) Debt Service Reserve (Series 2023B) Prepayment (Series 2023B) Capitalized Interest (Series 2023B)
Accounts Receivable - Due from Developer Prepaid Expenses
Acquisition/Constr A1, A2 (Series 2020) Acquisition/Constr - Neighborhood Infras Acquisition/Constr - Master Infrastructu Acquisition/Constr (Series 2023-2) Prepaid Expenses
Acquisition/Constr (Series 2023B)
Total Current Assets	

$

$	

138,578.77
16,354.70
2,560,619.80
1,352,276.94
12,108.28

4,079,938.49	

$

$	

999,429.51
166,056.88
91,304.14
333,924.35
155,915.91
0.02
0.01
1.71
94,438.38

1,841,070.91	

$

$	

444,307.35
224,050.00
21,525.00
189,447.94
14,175.00
676,184.70

1,569,689.99	

$

$	

651,372.32
732,005.11
741,475.33
889,322.69
648,182.70
791,640.07
29,914.98
10,494.23
2,365,389.07
102,071.33
0.09
33.80
392,835.08

7,354,736.80	

$  773,511.02
10,350.95
473,406.34

$ 1,257,268.31	

$

$	

2,048,947.07
225.76

2,049,172.83	

$

$	

25,696.54

25,696.54	

$

$	

9,187.89
450.88
7,857.47
196.23

17,692.47	

$
$	

705.16
705.16	

$	

-	

$

$	

138,578.77
16,354.70
2,560,619.80
1,352,276.94
12,108.28
999,429.51
166,056.88
91,304.14
333,924.35
155,915.91
0.02
0.01
1.71
94,438.38
444,307.35
224,050.00
21,525.00
189,447.94
14,175.00
676,184.70
651,372.32
732,005.11
741,475.33
889,322.69
648,182.70
791,640.07
29,914.98
10,494.23
2,365,389.07
102,071.33
0.09
33.80
392,835.08
773,511.02
10,350.95
473,406.34
2,048,947.07
225.76
25,696.54
9,187.89
450.88
7,857.47
196.23
705.16
18,195,971.50	

North River Ranch Improvement SD

Statement of Financial Position As of 10/31/2025

S19, S19-MG	S20	S23(1), S23(2)	S23B	S19, S19-MG	S20	S23(1), S23(2)	S23B	
Debt Service	Debt Service	Debt Service	Debt Service	Capital Projects	Capital Projects	Capital Projects	Capital Projects	

General	Long-Term Debt	Total

Investments		
Amount Available in Debt Service Funds																			$	9,195,651.72		$	9,195,651.72	
Amount To Be Provided																			57,699,348.28		57,699,348.28	
Total Investments	$		$		$		$		$		$		$		$		$		$  66,895,000.00		$  66,895,000.00	

	-								

	-		

 		
Total Assets	$	4,079,938.49	$	1,841,070.91	$	1,569,689.99	$	7,354,736.80	$ 1,257,268.31	$	2,049,172.83	$	25,696.54	$	17,692.47	$	705.16	$  66,895,000.00	$  85,090,971.50	

-

-

-

	-	
-	-	-
Liabilities and Net Assets

Current Liabilities		
Accounts Payable	$	509,209.52																		$	509,209.52	
Due to Developer	259,999.99																		259,999.99	
Deferred Revenue	3,913,303.33																		3,913,303.33	
Deferred Revenue			$	999,429.51																999,429.51	
Deferred Revenue					$  444,307.35														444,307.35	
Deferred Revenue							$  1,383,377.43												1,383,377.43	
Accounts Payable									$  2,048,947.07										2,048,947.07	
Retainage Payable									194,948.25										194,948.25	
Deferred Revenue									747,572.04										747,572.04	
Accounts Payable											$	375.00								375.00	
Accounts Payable													$	8,815.00						8,815.00	
Retainage Payable													108,458.39						108,458.39	
Retainage Payable									
 						$	206,437.53				206,437.53	
Total Current Liabilities	$	4,682,512.84		$	999,429.51		$	444,307.35		$	1,383,377.43		$	-	$	2,991,467.36		$	375.00		$	117,273.39		$	206,437.53		$		$  10,825,180.41	

Long Term Liabilities		
Revenue Bonds Payable - Long-Term Total Long Term Liabilities	

$			

$					

$					

$				

$			

$				

$				

$				

$		$  66,895,000.00
	-	
$  66,895,000.00	$
$	66,895,000.00
66,895,000.00	
																																		-	 				
																																						
Total Liabilities	$	4,682,512.84

-		$		
-	999,429.51		$		-	444,307.35		$		
-	1,383,377.43		$ -	-		$
-		2,991,467.36		$	
-	375.00		$	
-	117,273.39		$	206,437.53	$  66,895,000.00	$	77,720,180.41	

		

General		

S19, S19-MG
Debt Service		

S20
Debt Service		North River Ranch Improvement SD
Statement of Financial Position As of 10/31/2025

S23(1), S23(2)	S23B	S19, S19-MG
Debt Service	Debt Service	Capital Projects		

S20
Capital Projects		

S23(1), S23(2)
Capital Projects		

S23B
Capital Projects		

Long-Term Debt			

Total	

Net Assets
Net Assets, Unrestricted
Current Year Net Assets, Unrestricted

Net Assets, Unrestricted
Current Year Net Assets, Unrestricted

Net Assets, Unrestricted
Current Year Net Assets, Unrestricted

Net Assets, Unrestricted
Current Year Net Assets, Unrestricted

Net Assets, Unrestricted
Current Year Net Assets, Unrestricted

Net Assets, Unrestricted
Current Year Net Assets, Unrestricted

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	

$	

(485,686.79)																							

$	

(485,686.79)	
		(116,887.56)																								(116,887.56)	
				$	841,638.11																						841,638.11	
				3.29																						3.29	
						$ 1,125,382.64																				1,125,382.64	
						-																				-	
								$  5,490,568.38																		5,490,568.38	
								480,790.99																		480,790.99	
										$ 1,257,268.31																1,257,268.31	
										-																-	
												$	(172,835.43)													(172,835.43)	
													(769,459.10)													(769,459.10)	
															$	28,467.72											28,467.72	
															(3,146.18)											(3,146.18)	
																	$	(90,529.08)								(90,529.08)	
																		(9,051.84)								(9,051.84)	
																				$	24,663.62						24,663.62	
																				(230,395.99)						(230,395.99)	
	$	(602,574.35)		$	841,641.40		$  1,125,382.64		$	5,971,359.37		$ 1,257,268.31		$	(942,294.53)		$	25,321.54		$	(99,580.92)		$	(205,732.37)		$			$	7,370,791.09	
																											
Total Liabilities and Net Assets	$	4,079,938.49		$	1,841,070.91		$	1,569,689.99		$	7,354,736.80		$	1,257,268.31		$	2,049,172.83		$	25,696.54		$	17,692.47		$	705.16		$	66,895,000.00		$	85,090,971.50	
																												
-					

North River Ranch Improvement SD
Statement of Activities As of 10/31/2025	
		
General	
S19, S19-MG
Debt Service	
S20
Debt Service	
S23(1), S23(2)
Debt Service	
S23B
Debt Service	
S19, S19-MG
Capital Projects	
S20
Capital Projects	
S23(1), S23(2)
Capital Projects	
S23B
Capital Projects	
Long-Term Debt		
Total	

Revenues														
Off-Roll Assessments	$	214,232.48											214,232.48	
Other Income & Other Financing Sources		9,953.00											9,953.00	
Inter-Fund Group Transfers In			$	3.29										3.29	
Other Assessments					$	480,790.99								480,790.99	
Inter-Fund Transfers In							(3.29)						(3.29)	
Total Revenues	$	224,185.48	

$	3.29	

$	-	

$	480,790.99	

$	-	

$	(3.29)	

$	-	

$	-	

$	-	

$	-	$	704,976.47	
Expenses												
Supervisor Fees	$	1,000.00								$	1,000.00	
Public Officials' Liability Insurance		11,203.00									11,203.00	
Trustee Services		11,414.74									11,414.74	
District Management		6,708.33									6,708.33	
Telephone		176.30									176.30	
Postage & Shipping		107.88									107.88	
Copies		27.48									27.48	
Miscellaneous		3,692.84									3,692.84	
Office Supplies		49.27									49.27	
Web Site Maintenance		200.00									200.00	
Holiday Decorations		36,600.00									36,600.00	
Dues, Licenses, and Fees		175.00									175.00	
Maintenance Staff		5,000.00									5,000.00	
Lifestyle Staff		11,424.65									11,424.65	
Resident Services		3,295.66									3,295.66	
Electric		295.11									295.11	
Clubhouse Electric		2,408.55									2,408.55	
Clubhouse Water		2,779.94								$	2,779.94	
Water Reclaimed		961.35									961.35	
Wetlands Monitoring		125.00									125.00	
Amenity - Cable TV / Internet / Wi-Fi		4,521.28									4,521.28	
Amenity - Irrigation Repairs		550.50									550.50	
Amenity - Pool Maintenance		5,607.60									5,607.60	
Amenity - Janitorial		7,301.19									7,301.19	
Amenity - Pest Control		380.00									380.00	
Amenity - Fitness Equipment Leasing		6,683.55									6,683.55	
Amenity - Security Monitoring		900.00									900.00	
Amenity - Gate Access and Maintenance		3,170.56									3,170.56	
Amenity - Miscellaneous		87.29									87.29	
Amenity - Pool Equipment		4,950.00									4,950.00	
Amenity - Office Equipment Leasing		475.15									475.15	
Amenity - Streetlight Leasing		6,367.14									6,367.14	
Amenity - Canteen		403.23									403.23	
Amenity - Repairs & Maintenance		121.96									121.96	
Amenity - Operations		112.34									112.34	

North River Ranch Improvement SD
Statement of Activities As of 10/31/2025	
		
General		
S19, S19-MG
Debt Service		
S20
Debt Service		
S23(1), S23(2)
Debt Service		
S23B
Debt Service		
S19, S19-MG
Capital Projects		
S20
Capital Projects		
S23(1), S23(2)
Capital Projects		
S23B
Capital Projects		
Long-Term Debt			
Total	

General Insurance	
$	
11,203.00																									
$	
11,203.00	
Property & Casualty Insurance		72,703.00																										72,703.00	
Other Insurance		500.00																										500.00	
Irrigation		913.06																										913.06	
Lake Maintenance		8,576.00																										8,576.00	
Landscaping Maintenance & Material		84,455.63																										84,455.63	
Landscape Improvements		5,296.00																										5,296.00	
Contingency		1,820.00																										1,820.00	
Mulch		1,546.25																										1,546.25	
Monument Maintenance		10,693.42																										10,693.42	
Street, Sidewalk, Curb Maintenance		800.00																										800.00	
Streetlight Leasing		2,638.49																										2,638.49	
Dog Park		1,102.42																										1,102.42	
Contingency																$	769,455.82												769,455.82	
Contingency																		$	3,146.18										3,146.18	
Contingency																				$	9,051.84								9,051.84	
Contingency																						$	230,395.99						230,395.99	
Total Expenses	$	341,524.16		$	-		$	-		$	-		$	-		$	769,455.82		$	3,146.18		$	9,051.84		$	230,395.99		$	-		$	1,353,573.99	

Other Revenues (Expenses) & Gains (Losses)																																	
Interest Income	$	451.12																												$	451.12	
Dividend Income																$	0.01															0.01	
Total Other Revenues (Expenses) & Gains (Losses)	$	451.12		$	-		$	-		$	-		$	-		$	0.01		$	-		$	-		$	-		$	-		$	451.13	

Change In Net Assets	
$	
(116,887.56)		
$	3.29		
$	-		
$	480,790.99		
$	
-		
$	
(769,459.10)		
$	
(3,146.18)		
$	
(9,051.84)		
$	
(230,395.99)		
$	
-		
$	
(648,146.39)	
Net Assets At Beginning Of Year	$	(485,686.79)		$  841,638.11		$ 1,125,382.64		$  5,490,568.38		$ 1,257,268.31		$	(172,835.43)		$	28,467.72		$	(90,529.08)		$	24,663.62		$	-		$	8,018,937.48	

Net Assets At End Of Year	
$	
(602,574.35)		
$  841,641.40		
$ 1,125,382.64		
$	
5,971,359.37		
$ 1,257,268.31		
$	(942,294.53)		
$	25,321.54		
$	
(99,580.92)		
$	
(205,732.37)		
$	-		
$	
7,370,791.09	

Revenues
On-Roll Assessments Off-Roll Assessments
Other Income & Other Financing Sources
Net Revenues	

$

$	YTD Actual

- 214,232.48
9,953.00
224,185.48	YTD Budget

$	213,384.95
130,542.45
2,066.67

$	345,994.07	YTD Variance

$	(213,384.95)
83,690.03
7,886.33

$	(121,808.59)	FY 2026
Adopted Budget

$ 2,560,619.36
1,566,509.42
24,800.00

$ 4,151,928.78	Percentage Variance

0.00%
13.68%
40.13%
5.40%	
Expenditures
General & Administrative Expenses
Supervisor Fees
Public Officials' Liability Insurance Trustee Services
District Management Field Management Engineering Disclosure
District Counsel Assessment Administration Reamortization Schedules Audit
Arbitrage Calculation Tax Preparation Travel and Per Diem Telephone
Postage & Shipping Copies
Legal Advertising Miscellaneous Office Supplies Property Taxes
Web Site Maintenance Holiday Decorations Help Desk
Dues, Licenses, and Fees Maintenance Staff Lifestyle Staff
Resident Services Developer Loan Repayment

Total General & Administrative Expenses	

$

$	

1,000.00
11,203.00
11,414.74
6,708.33
-
-
-
-
-
-
-
-
-
- 176.30
107.88
27.48
- 3,692.84
49.27
- 200.00
36,600.00
- 175.00
5,000.00
11,424.65
3,295.66
-
91,075.15	

$	1,000.00
828.58
2,604.58
6,708.33
6,250.00
5,000.00
2,500.00
1,833.33
2,083.33
208.33
625.00
250.00
12.71
108.33
133.33
333.33
83.33
416.67
3,261.67
333.33
8.33
300.00
3,333.33
104.17
14.58
10,833.33
22,875.18
3,683.33
8,983.05

$	84,709.48	

$	-
10,374.42
8,810.16
- (6,250.00)
(5,000.00)
(2,500.00)
(1,833.33)
(2,083.33)
(208.33)
(625.00)
(250.00)
(12.71)
(108.33)
42.97
(225.45)
(55.85)
(416.67)
431.17
(284.06)
(8.33)
(100.00)
33,266.67
(104.17)
160.42
(5,833.33)
(11,450.53)
(387.67)
(8,983.05)

$	6,365.67	

$	12,000.00
9,942.90
31,255.00
80,500.00
75,000.00
60,000.00
30,000.00
22,000.00
25,000.00
2,500.00
7,500.00
3,000.00
152.52
1,300.00
1,600.00
4,000.00
1,000.00
5,000.00
39,140.00
4,000.00
100.00
3,600.00
40,000.00
1,250.00
175.00
130,000.00
274,502.15
44,200.00
107,796.61

$ 1,016,514.18	

8.33%
112.67%
36.52%
8.33%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
11.02%
2.70%
2.75%
0.00%
9.43%
1.23%
0.00%
5.56%
91.50%
0.00%
100.00%
3.85%
4.16%
7.46%
0.00%
8.96%	

YTD Actual		YTD Budget		YTD Variance		FY 2026
Adopted Budget		Percentage Variance	
Field Operations
Electric
Water Reclaimed Wetland Monitoring
Stormwater - Repair and Maintenance Equipment Rental
General Insurance
Property & Casualty Insurance Other Insurance
Irrigation
Lake Maintenance
Landscape Maintenance & Material Zone 1 - Riverfield TH - Yellowstone Zone 2 - Riverfield SF - Yellowstone
Zone 3 - Brightwood - Impact Landscaping & Irrigation Zone 4 - Wildleaf - Impact Landscaping & Irrigation Zone 5 - Camp Creek - Impact Landscaping & Irrigation Zone 6 - Longmeadow - Impact Landscaping & Irrigation Zone 7 - Crescent Creek - Steadfast Alliance
Landscape Improvements / Replacement Contingency
Equipment Repair and Maintenance Pest Control
Mulch (Zones 1 - 7) Monument Maintenance
Bridge and Boardwalk Maintenance Storm Cleanup
Storm Landscape Replacement Capital Expenditures
Street, Sidewalk, and Curb Maintenance Lighting
Streetlight Leasing Shared Bike Maintenance Dog Park
Parks Maintenance & Repairs Trail Maintenance
Trailhead Maintenance Mailbox Maintenance	
$	
295.11
961.35
125.00
-
- 11,203.00
72,703.00
500.00
913.06
8,576.00

11,421.00
14,575.00
17,231.19
11,280.23
6,516.32
10,191.89
13,240.00
5,296.00
1,820.00
-
- 1,546.25
10,693.42
-
-
-
- 800.00
- 2,638.49
- 1,102.42
-
-
-
-		
$	416.67
1,750.00
41.67
1,041.67
208.33
1,012.86
6,784.62
166.67
6,666.67
7,916.67

9,021.00
12,250.00
22,347.67
10,380.23
6,516.33
7,091.92
13,240.00
16,666.67
8,333.33
700.00
500.00
13,333.33
666.67
333.33
8,333.33
16,666.67
6,250.00
3,750.00
1,250.00
3,333.33
1,250.00
1,250.00
1,041.67
416.67
416.67
41.67		
$	(121.56)
(788.65)
83.33
(1,041.67)
(208.33)
10,190.14
65,918.38
333.33
(5,753.61)
659.33

2,400.00
2,325.00
(5,116.48)
900.00
(0.01)
3,099.97
- (11,370.67)
(6,513.33)
(700.00)
(500.00)
(11,787.08)
10,026.75
(333.33)
(8,333.33)
(16,666.67)
(6,250.00)
(2,950.00)
(1,250.00)
(694.84)
(1,250.00)
(147.58)
(1,041.67)
(416.67)
(416.67)
(41.67)		
$	5,000.00
21,000.00
500.00
12,500.00
2,500.00
12,154.35
81,415.40
2,000.00
80,000.00
95,000.00

108,252.00
147,000.00
268,172.00
124,562.70
78,195.95
85,103.00
158,880.00
200,000.00
100,000.00
8,400.00
6,000.00
160,000.00
8,000.00
4,000.00
100,000.00
200,000.00
75,000.00
45,000.00
15,000.00
40,000.00
15,000.00
15,000.00
12,500.00
5,000.00
5,000.00
500.00		
5.90%
4.58%
25.00%
0.00%
0.00%
92.17%
89.30%
25.00%
1.14%
9.03%

10.55%
9.91%
6.43%
9.06%
8.33%
11.98%
8.33%
2.65%
1.82%
0.00%
0.00%
0.97%
133.67%
0.00%
0.00%
0.00%
0.00%
1.78%
0.00%
6.60%
0.00%
7.35%
0.00%
0.00%
0.00%
0.00%	
Total Field Operations	$	203,628.73		$	191,386.32		$	12,242.41		$ 2,296,635.40		8.87%	

YTD Actual		YTD Budget		YTD Variance		FY 2026
Adopted Budget		Percentage Variance	
Brightwood Pavilion - Amenity											
Clubhouse Electric	$	747.97		$	1,250.00		$	(502.03)		$	15,000.00		4.99%	
Clubhouse Water		1,686.34		5,833.33		(4,146.99)		70,000.00		2.41%	
Amenity - Cable TV / Internet / Wi-Fi		1,357.24		833.33		523.91		10,000.00		13.57%	
Amenity - Irrigation Repairs		72.95		750.00		(677.05)		9,000.00		0.81%	
Amenity - Pool Maintenance		1,650.00		1,773.75		(123.75)		21,285.00		7.75%	
Amenity - Cleaning		1,814.84		2,250.00		(435.16)		27,000.00		6.72%	
Amenity - Pest Control		-		208.33		(208.33)		2,500.00		0.00%	
Amenity - Fitness Equipment Leasing		6,683.55		2,282.85		4,400.70		27,394.20		24.40%	
Amenity - Security Monitoring		450.00		450.00		-		5,400.00		8.33%	
Amenity - Firepits		-		500.00		(500.00)		6,000.00		0.00%	
Amenity - Capital outlay		-		5,416.67		(5,416.67)		65,000.00		0.00%	
Amenity - Miscellaneous		-		1,250.00		(1,250.00)		15,000.00		0.00%	
Amenity - Pool equipment		650.00		583.33		66.67		7,000.00		9.29%	
Amenity - A/C Maintenance and Equipment		-		125.00		(125.00)		1,500.00		0.00%	
Amenity - Playground Maintenance		-		833.33		(833.33)		10,000.00		0.00%	
Amenity - Streetlight Leasing		3,597.20		5,833.33		(2,236.13)		70,000.00		5.14%	
Amenity - Access Control Maintenance		-		125.00		(125.00)		1,500.00		0.00%	
	$	18,710.09		$	30,298.25		$	(11,588.16)		$  363,579.20		5.15%	
Total Brightwood Pavilion - Amenity Expenses											
Riverfield Verandah - Amenity											
Clubhouse Electric	$	327.09		$	750.00		$	(422.91)		$	9,000.00		3.63%	
Clubhouse Water		1,030.49		500.00		530.49		6,000.00		17.17%	
Amenity - Cable TV / Internet / Wi-Fi		1,041.27		1,000.00		41.27		12,000.00		8.68%	
Amenity - Irrigation Repairs		-		625.00		(625.00)		7,500.00		0.00%	
Amenity - Pool Maintenance		1,282.60		1,379.17		(96.57)		16,550.00		7.75%	
Amenity - Cleaning		1,766.35		1,916.67		(150.32)		23,000.00		7.68%	
Amenity - Pest Control		150.00		166.67		(16.67)		2,000.00		7.50%	
Amenity - Security Monitoring		450.00		866.67		(416.67)		10,400.00		4.33%	
Amenity - Gate Access and Maintenance		3,170.56		500.00		2,670.56		6,000.00		52.84%	
Amenity - Capital outlay		-		2,083.33		(2,083.33)		25,000.00		0.00%	
Amenity - Miscellaneous		-		333.33		(333.33)		4,000.00		0.00%	
Amenity - Pool Equipment		4,300.00		500.00		3,800.00		6,000.00		71.67%	
Amenity - Streetlight Leasing		2,130.95		3,416.67		(1,285.72)		41,000.00		5.20%	
Amenity - Access Control Maintenance		-		83.33		(83.33)		1,000.00		0.00%	
	$	15,649.31		$	14,120.84		$	1,528.47		$  169,450.00		9.24%	
Total Riverfield Verandah - Amenity Expenses										

YTD Actual	YTD Budget	YTD Variance	FY 2026
Adopted Budget

Percentage Variance

Camp Creek - Amenity		
Clubhouse Electric	$	1,333.49		$	2,500.00		$	(1,166.51)		$	30,000.00		4.44%	
Clubhouse Water	63.11		1,666.67		(1,603.56)		20,000.00		0.32%	
Amenity - Cable TV / Internet / Wi-Fi	2,122.77		2,166.67		(43.90)		26,000.00		8.16%	
Amenity - Irrigation Repairs	477.55		1,666.67		(1,189.12)		20,000.00		2.39%	
Amenity - Pool Maintenance	2,675.00		1,666.67		1,008.33		20,000.00		13.38%	
Amenity - Cleaning	3,720.00		4,416.67		(696.67)		53,000.00		7.02%	
Amenity - Pest Control	230.00		500.00		(270.00)		6,000.00		3.83%	
Amenity - Security Monitoring	-		1,000.00		(1,000.00)		12,000.00		0.00%	
Amenity - Fire Pits	-		250.00		(250.00)		3,000.00		0.00%	
Amenity - Gate Access and Maintenance	-		208.33		(208.33)		2,500.00		0.00%	
Amenity - Capital Outlay	-		1,666.67		(1,666.67)		20,000.00		0.00%	
Amenity - Miscellaneous	87.29		666.67		(579.38)		8,000.00		1.09%	
Amenity - Pool Equipment	-		1,166.67		(1,166.67)		14,000.00		0.00%	
Amenity - Office Equipment Leasing	475.15		1,000.00		(524.85)		12,000.00		3.96%	
Amenity - Bike Pump Park Maintenance	-		83.33		(83.33)		1,000.00		0.00%	
Amenity - Pickleball Maintenance	-		104.17		(104.17)		1,250.00		0.00%	
Amenity - Cost of Goods Sold	-		1,250.00		(1,250.00)		15,000.00		0.00%	
Amenity - Streetlight Leasing	638.99		833.33		(194.34)		10,000.00		6.39%	
Amenity - Canteen	403.23		3,333.33		(2,930.10)		40,000.00		1.01%	
Amenity - Repairs & Maintenance	121.96		83.33		38.63		1,000.00		12.20%	
Amenity - Dumpster	-		83.33		(83.33)		1,000.00		0.00%	
Amenity - Water Slide Preventative Maintenance	-		416.67		(416.67)		5,000.00		0.00%	
Amenity - Operations	112.34		1,250.00		(1,137.66)		15,000.00		0.75%	
	$	12,460.88		$	27,979.18		$	(15,518.30)		$  335,750.00		3.71%	
Total Camp Creek - Amenity Expenses	
Non-County Maintained Roads						
Highview Non-County Maintained Roads	$	-	$	-	$	-	$	-	
Crescent Creek (4E only) Non-County Maintained Roads		-	-	-	-	
Riverfield Non-County Maintained Roads		-	-	-	-	
Total Non-County Maintained Roads	$	-	$	-	$	-	$	
-	

Total Expenses	$	341,524.16	$	348,494.07	$	(6,969.91)	$ 4,181,928.78	8.17%	

Other Income (Expenses)
Interest Income	

$	451.12		

$	2,500.00	$	(2,048.88)		

$	30,000.00		

1.50%	
Total Other Income (Expenses)	$	451.12		 
$	2,500.00	$	(2,048.88)		$	30,000.00		1.50%	
Net Income (Loss)	$	(116,887.56)		 
$	-	$	(116,887.56)		$	-