North River Ranch
Improvement Stewardship District
January 2026 Financial Package

January 31, 2026

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 1/31/2026							

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 Prepaid Expenses
Deposits
Assessments Receivable
Debt Service Reserve (Series 2019) Debt Service Reserve (Series 2019-MG) Revenue (Series 2019)
Revenue (Series 2019-MG) Prepayment A1 (Series 2019) Prepayment A1 (Series 2019-MG) Assessments Receivable
Debt Service Reserve A1 (Series 2020) Revenue A1, 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) Prepaid Expenses
Acquisition/Constr - Neighborhood Infras Acquisition/Constr - Master Infrastructu Acquisition/Constr (Series 2023-2) Prepaid Expenses
Acquisition/Constr (Series 2023B)
Total Current Assets	
$ 1,360,214.76
396.55
449,195.09
744,213.50
2,302.27
12,108.28

$ 2,568,430.45	

$	35,955.61
166,056.88
89,183.11
728,284.29
368,931.75
1.74
7,796.00

$ 1,396,209.38	

$

$	

14,378.95
224,050.00
478,606.50

717,035.45	

$  356,825.27
344,212.55
740,410.72
771,684.91
639,798.07
762,925.29
23,558.48
8,662.98
2,108,391.05
17,010.97
0.09
0.12
121,108.58

$ 5,894,589.08	

$  780,879.57
390.35
92,125.59

$	873,395.51	

$

$	

645,114.21
225.76

645,339.97	

$

$	

41,561.14
378.45

41,939.59	

$

$	

20,156.01
455.17
1,508.04
552.77

22,671.99	

$
$	

711.88
711.88	

$	

-	
$ 1,360,214.76
396.55
449,195.09
744,213.50
2,302.27
12,108.28
35,955.61
166,056.88
89,183.11
728,284.29
368,931.75
1.74
7,796.00
14,378.95
224,050.00
478,606.50
356,825.27
344,212.55
740,410.72
771,684.91
639,798.07
762,925.29
23,558.48
8,662.98
2,108,391.05
17,010.97
0.09
0.12
121,108.58
780,879.57
390.35
92,125.59
645,114.21
225.76
41,561.14
378.45
20,156.01
455.17
1,508.04
552.77
711.88

$ 12,160,323.30	

North River Ranch Improvement SD

Statement of Financial Position As of 1/31/2026

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 Amount To Be Provided

$	8,129,857.04
55,855,142.96

$  8,129,857.04
55,855,142.96

Total Investments	$		$		$		$		$	-		$		$		$		$		$  63,985,000.00		$ 63,985,000.00	
Total Assets	$ 2,568,430.45		$ 1,396,209.38		$	717,035.45		$ 5,894,589.08		$	873,395.51		$	645,339.97		$	41,939.59		$	22,671.99		$	711.88		$	63,985,000.00		$ 76,145,323.30	

	-	 	-	 	-	

	-		-	-
-	-
Liabilities and Net Assets

Current Liabilities

Accounts Payable	$	76,573.26																	$	76,573.26	
Deferred Revenue	396.55																	396.55	
Deferred Revenue - On-Roll	449,195.09																	449,195.09	
Deferred Revenue - Off-Roll	744,213.50																	744,213.50	
Deferred Revenue			$	35,955.61															35,955.61	
Deferred Revenue					$	14,378.95													14,378.95	
Deferred Revenue							$  701,037.82											701,037.82	
Accounts Payable									$	645,114.21									645,114.21	
Retainage Payable									105,362.39									105,362.39	
Deferred Revenue									645,114.21									645,114.21	
Accounts Payable													$	18,052.36					18,052.36	
Retainage Payable													124,504.44					124,504.44	
Retainage Payable															$	51,682.08			51,682.08	
Total Current Liabilities	$ 1,270,378.40		$	35,955.61		$	14,378.95		$  701,037.82		$	-	$  1,395,590.81		$		$	142,556.80		$	51,682.08		$	-	$ 3,611,580.47	

Long Term Liabilities
Revenue Bonds Payable - Long-Term	-	$  63,985,000.00	$ 63,985,000.00	
Total Long Term Liabilities	$		$		$		$		$	-	$		$		$		$		$  63,985,000.00		$ 63,985,000.00	
Total Liabilities	$ 1,270,378.40		$	35,955.61		$	14,378.95		$	701,037.82		$	-	$  1,395,590.81		$		$	142,556.80		$	51,682.08		$	63,985,000.00		$ 67,596,580.47	

-		-		-	-

 
-	-	-	-

-

General		

S19, S19-MG
Debt Service		

S20
Debt Service		North River Ranch Improvement SD
Statement of Financial Position As of 1/31/2026

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	

$ (225,686.80)
1,523,738.85

$ 1,298,052.05		

$  841,638.11
518,615.66

$ 1,360,253.77		

$ 1,125,382.64
(422,726.14)

$  702,656.50		

$ 5,490,568.38
(297,017.12)

$ 5,193,551.26		

$ 1,257,268.31
(383,872.80)

$  873,395.51		

$

$	

(176,845.43)
(573,405.41)

(750,250.84)		

$	28,467.72
13,471.87

$	41,939.59		

$

$	

(90,529.08)
(29,355.73)

(119,884.81)		

$

$	

(203,755.70)
152,785.50

(50,970.20)		

$	

-		

$	(225,686.80)
1,523,738.85
841,638.11
518,615.66
1,125,382.64
(422,726.14)
5,490,568.38
(297,017.12)
1,257,268.31
(383,872.80)

(176,845.43)
(573,405.41)
28,467.72
13,471.87

(90,529.08)
(29,355.73)

(203,755.70)
152,785.50

$ 8,548,742.83	
																										
Total Liabilities and Net Assets	$ 2,568,430.45		$ 1,396,209.38		$	717,035.45		$	5,894,589.08		$	873,395.51		$	645,339.97		$	41,939.59		$	22,671.99		$	711.88		$	63,985,000.00		$ 76,145,323.30	

		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														
On-Roll Assessments	$	2,111,424.71										$	2,111,424.71	
Off-Roll Assessments		822,295.92											822,295.92	
Developer Contributions		0.06											0.06	
Other Income & Other Financing Sources		18,782.42											18,782.42	
Sales Tax Collection Allowance Revenue		$0.18											0.18	
Inter-Fund Transfers In		(9,584.00)											(9,584.00)	
On-Roll Assessments			$	963,473.90										963,473.90	
Inter-Fund Group Transfers In			3.29										3.29	
On-Roll Assessments				$	429,928.40									429,928.40	
Inter-Fund Group Transfers In				(25,215.74)									(25,215.74)	
On-Roll Assessments					$	294,547.05								294,547.05	
Off-Roll Assessments					387,792.56								387,792.56	
Other Assessments					2,133,909.09								2,133,909.09	
Developer Contributions							$	2,057,522.38						2,057,522.38	
Inter-Fund Transfers In							9,580.71						9,580.71	
Other Income & Other Financing Sources								$	3,327.75					3,327.75	
Inter-Fund Group Transfers In								25,215.74					25,215.74	
Other Income & Other Financing Sources									$	36,080.23				36,080.23	
Other Income & Other Financing Sources										$	154,755.45			154,755.45	
Total Revenues	$	2,942,919.29	

$	963,477.19	

$	404,712.66	

$  2,816,248.70	

$	-	

$	2,067,103.09	

$	28,543.49	

$	36,080.23	

$	154,755.45	

$	-	$	9,413,840.10	
Expenses														
Supervisor Fees	$	4,000.00										$	4,000.00	
Public Officials' Liability Insurance		11,203.00											11,203.00	
Trustee Services		27,064.97											27,064.97	
District Management		26,833.32											26,833.32	
Field Management		5,000.00											5,000.00	
Engineering		30,977.55											30,977.55	
Disclosure		7,500.00											7,500.00	
District Counsel		6,338.90											6,338.90	
Assessment Administration		25,000.00											25,000.00	
Travel and Per Diem		1,237.60											1,237.60	
Telephone		930.89											930.89	
Postage & Shipping		924.63											924.63	
Copies		456.79											456.79	
Legal Advertising		939.41											939.41	
Miscellaneous		11,452.49											11,452.49	
Office Supplies		1,087.62											1,087.62	
Property Taxes		177.31											177.31	
Web Site Maintenance		1,100.00											1,100.00	
Holiday Decorations		36,600.00											36,600.00	
Help Desk		420.00											420.00	
Dues, Licenses, and Fees		175.00											175.00	
Security		938.89											938.89	
Maintenance Staff		18,500.00											18,500.00	
Lifestyle Staff		89,534.00											89,534.00	
Resident Services		40,322.31											40,322.31	
Electric		1,203.41											1,203.41	
Clubhouse Electric		20,140.39											20,140.39	
Clubhouse Water		17,326.42											17,326.42	

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

General	Total

Water Reclaimed	$	13,244.48			$	13,244.48	
Wetlands Monitoring		500.00				500.00	
Amenity - Cable TV / Internet / Wi-Fi		20,651.41				20,651.41	
Amenity - Irrigation Repairs		2,922.48				2,922.48	
Amenity - Pool Maintenance		22,430.40				22,430.40	
Amenity - Janitorial		56,859.69				56,859.69	
Amenity - Pest Control		3,550.00				3,550.00	
Amenity - Fitness Equipment Leasing		14,005.10				14,005.10	
Amenity - Security Monitoring		9,334.60				9,334.60	
Amenity - Gate Access and Maintenance		12,909.51				12,909.51	
Amenity - Miscellaneous		393.58				393.58	
Amenity - Pool Equipment		4,950.00				4,950.00	
Amenity - Office Equipment Leasing		2,114.04				2,114.04	
Amenity - Streetlight Leasing		39,159.65				39,159.65	
Amenity - Canteen		1,756.98				1,756.98	
Amenity - Repairs & Maintenance		2,977.10				2,977.10	
Amenity - Operations		1,094.12				1,094.12	
General Insurance		11,203.00				11,203.00	
Property & Casualty Insurance		72,703.00				72,703.00	
Other Insurance		500.00				500.00	
Irrigation		31,580.56				31,580.56	
Lake Maintenance		33,379.00				33,379.00	
Landscaping Maintenance & Material		339,047.52				339,047.52	
Landscape Improvements		62,985.25				62,985.25	
Contingency		13,280.33				13,280.33	
Equipment Repair & Maintenance		2,945.05				2,945.05	
Pest Control		410.00				410.00	
Mulch		118,023.75				118,023.75	
Monument Maintenance		15,128.02				15,128.02	
Street, Sidewalk, Curb Maintenance		9,790.00				9,790.00	
Streetlight Leasing		16,866.50				16,866.50	
Dog Park		4,722.99				4,722.99	
Developer Loan Repayment		107,796.61				107,796.61	
Principal Payments - Series 2019-MG A1		$	90,000.00			90,000.00	
Interest Payments - Series 2019			233,988.75			233,988.75	
Interest Payments - Series 2019-MG A1			126,455.00			126,455.00	
Principal Payments - Series 2020 A2			$	675,000.00		675,000.00	
Interest Payment - Series 2020 A1				144,362.50		144,362.50	
Interest Payment - Series 2020 A2				14,175.00		14,175.00	
Principal Payments - Series 2023 (1) A1				$	10,000.00	10,000.00	
Principal Payments - Series 2023 (1) A2					2,025,000.00	2,025,000.00	
Principal Payments - Series 2023 (2) A					100,000.00	100,000.00	
Interest Payments - Series 2023 (1) A1					301,295.00	301,295.00	
Interest Payments - Series 2023 (1) A2					442,750.00	442,750.00	
Interest Payments - Series 2023 (2) A					273,847.50	273,847.50	

		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	

Principal Payment - Series 2023B										
$	10,000.00													
10,000.00	
Interest Payment - Series 2023B										383,520.00													383,520.00	
Engineering												$	89,502.50											89,502.50	
Contingency												2,551,006.01											2,551,006.01	
Contingency														$	15,363.73									15,363.73	
Engineering																$	3,042.00							3,042.00	
Contingency																62,604.63							62,604.63	
Contingency																		$	1,976.67					1,976.67	
Total Expenses	$	1,436,599.62		$	450,443.75		$	833,537.50		$  3,152,892.50		$	393,520.00		$	2,640,508.51		$	15,363.73		$	65,646.63		$	1,976.67		$	-		$	8,990,488.91	

Other Revenues (Expenses) & Gains (Losses)																													
Interest Income	$	17,419.18																				$	17,419.18	
Dividend Income				$	5,582.22																			5,582.22	
Dividend Income						$	6,098.70																	6,098.70	
Dividend Income								$	39,626.68															39,626.68	
Dividend Income										$	9,647.20													9,647.20	
Dividend Income												$	0.01											0.01	
Dividend Income														$	292.11									292.11	
Dividend Income																$	210.67							210.67	
Dividend Income																		$	6.72					6.72	
Total Other Revenues (Expenses) & Gains (Losses)	$	17,419.18		$	5,582.22		$	6,098.70		$	39,626.68		$	9,647.20		$	0.01		$	292.11		$	210.67		$	6.72		$	-		$	78,883.49	

Change In Net Assets	
$	
1,523,738.85		
$	518,615.66		
$	
(422,726.14)		
$	
(297,017.12)		
$	
(383,872.80)		
$	(573,405.41)		
$	13,471.87		
$	(29,355.73)		
$	152,785.50		
$	-		
$	
502,234.68	
Net Assets At Beginning Of Year	$	(225,686.80)		$	841,638.11		$ 1,125,382.64		$  5,490,568.38		$ 1,257,268.31		$	(176,845.43)		$	28,467.72		$	(90,529.08)		$	(203,755.70)		$	-		$	8,046,508.15	

Net Assets At End Of Year	
$	
1,298,052.05		
$ 1,360,253.77		
$	702,656.50		
$  5,193,551.26		
$	873,395.51		
$	(750,250.84)		
$	41,939.59		
$	
(119,884.81)		
$	
(50,970.20)		
$	-		
$	
8,548,742.83	

Revenues
On-Roll Assessments Off-Roll Assessments Developer Contributions
Other Income & Other Financing Sources
Sales Tax Collection Allowance Revenue	

$	YTD Actual

2,111,424.71
822,295.92
0.06
18,782.42
0.18		YTD Budget

$	853,539.79
522,169.81
- 8,266.67
-		YTD Variance

$  1,257,884.92
300,126.11
0.06
10,515.75
0.18		FY 2026
Adopted Budget

$ 2,560,619.36
1,566,509.42
- 24,800.00
-		Percentage Variance

82.46%
52.49%

75.74%	
Net Revenues	$	2,952,503.29		$ 1,383,976.27		$  1,568,527.02		$ 4,151,928.78		71.11%	
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 Security
Maintenance Staff Lifestyle Staff Resident Services
Developer Loan Repayment
Total General & Administrative Expenses	

$

$	

4,000.00
11,203.00
27,064.97
26,833.32
5,000.00
30,977.55
7,500.00
6,338.90
25,000.00
-
-
-
- 1,237.60
930.89
924.63
456.79
939.41
11,452.49
1,087.62
177.31
1,100.00
36,600.00
420.00
175.00
938.89
18,500.00
89,534.00
40,322.31
107,796.61
456,511.29		

$	4,000.00
3,314.30
10,418.33
26,833.33
25,000.00
20,000.00
10,000.00
7,333.33
8,333.33
833.33
2,500.00
1,000.00
50.84
433.33
533.33
1,333.33
333.33
1,666.67
13,046.68
1,333.33
33.33
1,200.00
13,333.33
416.67
58.33
- 43,333.33
91,500.72
14,733.33
35,932.20

$	338,838.03		

$	-
7,888.70
16,646.64
(0.01)
(20,000.00)
10,977.55
(2,500.00)
(994.43)
16,666.67
(833.33)
(2,500.00)
(1,000.00)
(50.84)
804.27
397.56
(408.70)
123.46
(727.26)
(1,594.19)
(245.71)
143.98
(100.00)
23,266.67
3.33
116.67
938.89
(24,833.33)
(1,966.72)
25,588.98
71,864.41

$	117,673.26		

$	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		

33.33%
112.67%
86.59%
33.33%
6.67%
51.63%
25.00%
28.81%
100.00%
0.00%
0.00%
0.00%
0.00%
95.20%
58.18%
23.12%
45.68%
18.79%
29.26%
27.19%
177.31%
30.56%
91.50%
33.60%
100.00%

14.23%
32.62%
91.23%
100.00%

44.91%	

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
Zone 8 - Phase 2 - Southern Land Services 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	
$	
1,203.41
13,244.48
500.00
-
- 11,203.00
72,703.00
500.00
31,580.56
33,379.00

36,084.00
51,400.00
68,924.76
55,695.92
26,065.28
34,567.56
52,960.00
13,350.00
62,985.25
13,280.33
2,945.05
410.00
118,023.75
15,128.02
-
-
-
- 9,790.00
- 16,866.50
- 4,722.99
-
-
-
-		
$	1,666.67
7,000.00
166.67
4,166.67
833.33
4,051.45
27,138.47
666.67
26,666.67
31,666.67

36,084.00
49,000.00
89,390.67
41,520.90
26,065.32
28,367.67
52,960.00
- 66,666.67
33,333.33
2,800.00
2,000.00
53,333.33
2,666.67
1,333.33
33,333.33
66,666.67
25,000.00
15,000.00
5,000.00
13,333.33
5,000.00
5,000.00
4,166.67
1,666.67
1,666.67
166.67		
$	(463.26)
6,244.48
333.33
(4,166.67)
(833.33)
7,151.55
45,564.53
(166.67)
4,913.89
1,712.33

- 2,400.00
(20,465.91)
14,175.02
(0.04)
6,199.89
- 13,350.00
(3,681.42)
(20,053.00)
145.05
(1,590.00)
64,690.42
12,461.35
(1,333.33)
(33,333.33)
(66,666.67)
(25,000.00)
(5,210.00)
(5,000.00)
3,533.17
(5,000.00)
(277.01)
(4,166.67)
(1,666.67)
(1,666.67)
(166.67)		
$	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		
24.07%
63.07%
100.00%
0.00%
0.00%
92.17%
89.30%
25.00%
39.48%
35.14%

33.33%
34.97%
25.70%
44.71%
33.33%
40.62%
33.33%

31.49%
13.28%
35.06%
6.83%
73.76%
189.10%
0.00%
0.00%
0.00%
0.00%
21.76%
0.00%
42.17%
0.00%
31.49%
0.00%
0.00%
0.00%
0.00%	
Total Field Operations	$	747,512.86		$	765,545.17		$	(18,032.31)		$ 2,296,635.40		32.55%	

YTD Actual		YTD Budget		YTD Variance		FY 2026
Adopted Budget		Percentage Variance	
Brightwood Pavilion - Amenity											
Clubhouse Electric	$	4,522.63		$	5,000.00		$	(477.37)		$	15,000.00		30.15%	
Clubhouse Water		9,803.70		23,333.33		(13,529.63)		70,000.00		14.01%	
Amenity - Cable TV / Internet / Wi-Fi		3,719.34		3,333.33		386.01		10,000.00		37.19%	
Amenity - Irrigation Repairs		487.18		3,000.00		(2,512.82)		9,000.00		5.41%	
Amenity - Pool Maintenance		6,600.00		7,095.00		(495.00)		21,285.00		31.01%	
Amenity - Cleaning		8,289.98		9,000.00		(710.02)		27,000.00		30.70%	
Amenity - Pest Control		835.00		833.33		1.67		2,500.00		33.40%	
Amenity - Fitness Equipment Leasing		14,005.10		9,131.40		4,873.70		27,394.20		51.12%	
Amenity - Security Monitoring		2,078.33		1,800.00		278.33		5,400.00		38.49%	
Amenity - Firepits		-		2,000.00		(2,000.00)		6,000.00		0.00%	
Amenity - Capital outlay		-		21,666.67		(21,666.67)		65,000.00		0.00%	
Amenity - Miscellaneous		64.86		5,000.00		(4,935.14)		15,000.00		0.43%	
Amenity - Pool equipment		650.00		2,333.33		(1,683.33)		7,000.00		9.29%	
Amenity - A/C Maintenance and Equipment		-		500.00		(500.00)		1,500.00		0.00%	
Amenity - Playground Maintenance		-		3,333.33		(3,333.33)		10,000.00		0.00%	
Amenity - Streetlight Leasing		22,098.82		23,333.33		(1,234.51)		70,000.00		31.57%	
Amenity - Access Control Maintenance		-		500.00		(500.00)		1,500.00		0.00%	
Total Brightwood Pavilion - Amenity Expenses	$	73,154.94		$	121,193.05		$	(48,038.11)		$  363,579.20		20.12%	
Riverfield Verandah - Amenity											
Clubhouse Electric	$	2,392.11		$	3,000.00		$	(607.89)		$	9,000.00		26.58%	
Clubhouse Water		7,085.68		2,000.00		5,085.68		6,000.00		118.09%	
Amenity - Cable TV / Internet / Wi-Fi		3,832.16		4,000.00		(167.84)		12,000.00		31.93%	
Amenity - Irrigation Repairs		-		2,500.00		(2,500.00)		7,500.00		0.00%	
Amenity - Pool Maintenance		5,130.40		5,516.67		(386.27)		16,550.00		31.00%	
Amenity - Cleaning		7,292.61		7,666.67		(374.06)		23,000.00		31.71%	
Amenity - Pest Control		730.00		666.67		63.33		2,000.00		36.50%	
Amenity - Security Monitoring		2,078.33		3,466.67		(1,388.34)		10,400.00		19.98%	
Amenity - Gate Access and Maintenance		12,909.51		2,000.00		10,909.51		6,000.00		215.16%	
Amenity - Capital outlay		-		8,333.33		(8,333.33)		25,000.00		0.00%	
Amenity - Miscellaneous		-		1,333.33		(1,333.33)		4,000.00		0.00%	
Amenity - Pool Equipment		4,300.00		2,000.00		2,300.00		6,000.00		71.67%	
Amenity - Streetlight Leasing		13,122.83		13,666.67		(543.84)		41,000.00		32.01%	
Amenity - Access Control Maintenance		-		333.33		(333.33)		1,000.00		0.00%	
Total Riverfield Verandah - Amenity Expenses	$	58,873.63		$	56,483.34		$	2,390.29		$  169,450.00		34.74%	

YTD Actual	YTD Budget	YTD Variance	FY 2026
Adopted Budget

Percentage Variance

Camp Creek - Amenity		
Clubhouse Electric	$	13,225.65		$	10,000.00		$	3,225.65		$	30,000.00		44.09%	
Clubhouse Water	437.04		6,666.67		(6,229.63)		20,000.00		2.19%	
Amenity - Cable TV / Internet / Wi-Fi	13,099.91		8,666.67		4,433.24		26,000.00		50.38%	
Amenity - Irrigation Repairs	2,435.30		6,666.67		(4,231.37)		20,000.00		12.18%	
Amenity - Pool Maintenance	10,700.00		6,666.67		4,033.33		20,000.00		53.50%	
Amenity - Cleaning	41,277.10		17,666.67		23,610.43		53,000.00		77.88%	
Amenity - Pest Control	1,985.00		2,000.00		(15.00)		6,000.00		33.08%	
Amenity - Security Monitoring	5,177.94		4,000.00		1,177.94		12,000.00		43.15%	
Amenity - Fire Pits	-		1,000.00		(1,000.00)		3,000.00		0.00%	
Amenity - Gate Access and Maintenance	-		833.33		(833.33)		2,500.00		0.00%	
Amenity - Capital Outlay	-		6,666.67		(6,666.67)		20,000.00		0.00%	
Amenity - Miscellaneous	328.72		2,666.67		(2,337.95)		8,000.00		4.11%	
Amenity - Pool Equipment	-		4,666.67		(4,666.67)		14,000.00		0.00%	
Amenity - Office Equipment Leasing	2,114.04		4,000.00		(1,885.96)		12,000.00		17.62%	
Amenity - Bike Pump Park Maintenance	-		333.33		(333.33)		1,000.00		0.00%	
Amenity - Pickleball Maintenance	-		416.67		(416.67)		1,250.00		0.00%	
Amenity - Cost of Goods Sold	-		5,000.00		(5,000.00)		15,000.00		0.00%	
Amenity - Streetlight Leasing	3,938.00		3,333.33		604.67		10,000.00		39.38%	
Amenity - Canteen	1,756.98		13,333.33		(11,576.35)		40,000.00		4.39%	
Amenity - Repairs & Maintenance	2,977.10		333.33		2,643.77		1,000.00		297.71%	
Amenity - Dumpster	-		333.33		(333.33)		1,000.00		0.00%	
Amenity - Water Slide Preventative Maintenance	-		1,666.67		(1,666.67)		5,000.00		0.00%	
Amenity - Operations	1,094.12		5,000.00		(3,905.88)		15,000.00		7.29%	
Total Camp Creek - Amenity Expenses	$	100,546.90		$	111,916.68		$	(11,369.78)		$  335,750.00		29.95%	

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	$	1,436,599.62	$ 1,393,976.27	$	42,623.35	$ 4,181,928.78	34.35%	

Other Income (Expenses)
Interest Income	

$	17,419.18		

$	10,000.00	$	7,419.18		

$	30,000.00		

58.06%	
Total Other Income (Expenses)	$	17,419.18		 
$	10,000.00	$	7,419.18		$	30,000.00		58.06%	
Net Income (Loss)	$	1,533,322.85		 
$	-	$  1,533,322.85		$	-