North River Ranch
Improvement Stewardship District
May 2026 Financial Package

May 31, 2026

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

North River Ranch Improvement SD	
Statement of Financial Position	
				As of 5/31/2026							

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)
Off-Roll Assessments Receivable Due From Other Funds
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)
Revenue (Series 2023-2) 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 A (Series 2023-2) Debt Service Reserve (Series 2023B) Revenue (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	

$

$	

853,193.17
3,056.97
1,943.19
393,277.27
26,119.58
12,108.28

1,289,698.46	

$

$	

7,517.24
166,056.88
89,333.56
334,002.01
152,856.10
1.77
3,722.68

753,490.24	

$

$	

381.19
224,050.00
196,309.16

420,740.35	

$

$	

101,273.92
1,475.97
741,975.25
704,658.54
638,315.10
383,859.48
351,870.55
25,669.56
10,702.35
951,605.07
5,948.35
0.09
350.29

3,917,704.52	

$  770,896.65
42.16
19,391.05
267.00

$  790,596.86	

$

$	

796,423.46
4,973.20

801,396.66	

$

$	

53.96
378.45

432.41	

$

$	

31,265.60
460.42
15.08
552.77

32,293.87	

$
$	

720.09
720.09	

$	

-	

$

$	

853,193.17
3,056.97
1,943.19
393,277.27
26,119.58
12,108.28
7,517.24
166,056.88
89,333.56
334,002.01
152,856.10
1.77
3,722.68
381.19
224,050.00
196,309.16
101,273.92
1,475.97
741,975.25
704,658.54
638,315.10
383,859.48
351,870.55
25,669.56
10,702.35
951,605.07
5,948.35
0.09
350.29
770,896.65
42.16
19,391.05
267.00
796,423.46
4,973.20
53.96
378.45
31,265.60
460.42
15.08
552.77
720.09
8,007,073.46	

General		

S19, S19-MG
Debt Service		

S20
Debt Service		North River Ranch Improvement SD
Statement of Financial Position As of 5/31/2026

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	

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

$	

-		

$	

-		

$	

-		

$	

-		

$	

-		

$	

-		

$	

-		

$	

-		

$	-		

$	5,771,883.65
54,913,116.35
$  60,685,000.00		

$  5,771,883.65
54,913,116.35
$ 60,685,000.00	
Total Assets	$	1,289,698.46		$  753,490.24		$  420,740.35		$ 3,917,704.52	$  790,596.86	$	801,396.66		$	432.41		$	32,293.87		$	720.09		$  60,685,000.00		$ 68,692,073.46	

Current Liabilities Accounts Payable Sales Tax Payable Deferred Revenue
Deferred Revenue - On-Roll Deferred Revenue - Off-Roll Deferred Revenue
Deferred Revenue Deferred Revenue Accounts Payable Retainage Payable Deferred Revenue Retainage Payable Retainage Payable
Total Current Liabilities	

$

$	

86,572.88
2.59
3,056.97
1,943.19
393,277.27

484,852.90		

$	7,517.24

$	7,517.24		

$	381.19

$	381.19		

Liabilities and Net Assets

$  101,273.92
$	796,423.46
141,264.31
796,423.46

$  101,273.92	$	-	$  1,734,111.23		

$	-		

$	85,356.10

$	85,356.10		

$	51,682.08
$	51,682.08		

$	-		

$	86,572.88
2.59
3,056.97
1,943.19
393,277.27
7,517.24
381.19
101,273.92
796,423.46
141,264.31
796,423.46
85,356.10
51,682.08
$  2,465,174.66	

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

$	

-		

$	

-		

$	

-		

$	

-		

$	

-		

$	

-		

$	

-		

$	

-		

$	-		

$  60,685,000.00
$  60,685,000.00		

$ 60,685,000.00
$ 60,685,000.00	
Total Liabilities	$	484,852.90		$	7,517.24		$	381.19		$  101,273.92		$	-	$  1,734,111.23		$	-		$	85,356.10		$	51,682.08		$  60,685,000.00		$ 63,150,174.66	

		

General		

S19, S19-MG
Debt Service		

S20
Debt Service		North River Ranch Improvement SD
Statement of Financial Position As of 5/31/2026

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)																				

$	

(225,686.80)	
		1,030,532.36																					1,030,532.36	
				$  841,638.11																			841,638.11	
				(95,665.11)																			(95,665.11)	
						$ 1,125,382.64																	1,125,382.64	
						(705,023.48)																	(705,023.48)	
								$ 5,490,568.38															5,490,568.38	
								(1,674,137.78)															(1,674,137.78)	
								$ 1,257,268.31															1,257,268.31	
								(466,671.45)															(466,671.45)	
										$	(176,845.43)													(176,845.43)	
										(755,869.14)													(755,869.14)	
												$	28,467.72											28,467.72	
												(28,035.31)											(28,035.31)	
														$	(90,529.08)								(90,529.08)	
															37,466.85								37,466.85	
																	$	(203,755.70)					(203,755.70)	
																		152,793.71					152,793.71	
	$	804,845.56		$  745,973.00		$  420,359.16		$ 3,816,430.60	$  790,596.86		$	(932,714.57)		$	432.41		$	(53,062.23)		$	(50,961.99)		$	-		$	5,541,898.80	
																								
Total Liabilities and Net Assets	$	1,289,698.46		$  753,490.24		$  420,740.35		$ 3,917,704.52		$  790,596.86		$	801,396.66		$	432.41		$	32,293.87		$	720.09		$  60,685,000.00		$	68,692,073.46	

 

		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	$	2,558,676.61										$	2,558,676.61	
Off-Roll Assessments		1,173,232.15											1,173,232.15	
Developer Contributions		0.19											0.19	
Other Income & Other Financing Sources		101,071.81											101,071.81	
Sales Tax Collection Allowance Revenue		0.26											0.26	
On-Roll Assessments			$	991,912.27										991,912.27	
Inter-Fund Group Transfers In			3.29										3.29	
On-Roll Assessments				$	443,926.16									443,926.16	
Inter-Fund Group Transfers In				(25,215.74)									(25,215.74)	
On-Roll Assessments					$	659,507.60								659,507.60	
Off-Roll Assessments					681,368.15								681,368.15	
Other Assessments					3,824,324.71								3,824,324.71	
Other Assessments						$	290,258.06							290,258.06	
Developer Contributions							$	3,942,021.35						3,942,021.35	
Inter-Fund Transfers In							(3.29)						(3.29)	
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									$	66,925.84				66,925.84	
Other Income & Other Financing Sources										$	154,755.45			154,755.45	
Total Revenues	$	3,832,981.02	

$	991,915.56	

$	418,710.42	

$  5,165,200.46	

$	290,258.06	

$	3,942,018.06	

$	28,543.49	

$	66,925.84	

$	154,755.45	

$	-	$	14,891,308.36	
Expenses														
Supervisor Fees	$	8,000.00										$	8,000.00	
Public Officials' Liability Insurance		11,203.00											11,203.00	
Trustee Services		29,193.91											29,193.91	
District Management		53,666.64											53,666.64	
Field Management		30,000.00											30,000.00	
Engineering		61,088.88											61,088.88	
Disclosure		15,000.00											15,000.00	
District Counsel		19,439.80											19,439.80	
Assessment Administration		25,000.00											25,000.00	
Tax Preparation		96.30											96.30	
Travel and Per Diem		2,157.25											2,157.25	
Telephone		1,889.04											1,889.04	
Postage & Shipping		3,746.49											3,746.49	
Copies		1,201.81											1,201.81	
Legal Advertising		1,615.06											1,615.06	
Miscellaneous		6,591.58											6,591.58	
Office Supplies		3,340.17											3,340.17	
Property Taxes		177.31											177.31	
Web Site Maintenance		2,210.00											2,210.00	
Holiday Decorations		36,600.00											36,600.00	
Help Desk		754.50											754.50	
Waste Holding Tank Rental		5,954.51											5,954.51	
Trailer Rental		12,172.72											12,172.72	
Dues, Licenses, and Fees		925.35											925.35	
Security		24,954.89											24,954.89	
Maintenance Staff		61,000.00											61,000.00	
Lifestyle Staff		195,036.08											195,036.08	
Resident Services		60,112.19											60,112.19	
Electric		3,089.81											3,089.81	
Amenity - Electric		42,832.81											42,832.81	

		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	

Amenity - Water	
$	
30,886.63									
$	
30,886.63	
Water Reclaimed		23,591.60										23,591.60	
Wetlands Monitoring		1,500.00										1,500.00	
Amenity - Cable TV / Internet / Wi-Fi		35,905.76										35,905.76	
Amenity - Landscape Maintenance		6,915.00										6,915.00	
Amenity - Irrigation Repairs		7,898.16										7,898.16	
Amenity - Pool Maintenance		44,860.80										44,860.80	
Amenity - Access Control		798.00										798.00	
Amenity - Janitorial		122,696.61										122,696.61	
Amenity - Pest Control		6,740.00										6,740.00	
Amenity - Fitness Equipment Leasing		23,091.50										23,091.50	
Amenity - Security Monitoring		27,233.80										27,233.80	
Amenity - Firepits		2,687.23										2,687.23	
Amenity - Gate Access and Maintenance		28,616.67										28,616.67	
Amenity - Capital Outlay		32,389.68										32,389.68	
Amenity - Miscellaneous		15,367.65										15,367.65	
Amenity - Pool Equipment		9,243.00										9,243.00	
Amenity - AC Maintenance and Equipment		2,903.78										2,903.78	
Amenity - Office Equipment Leasing		4,206.77										4,206.77	
Amenity - Streetlight Leasing		82,969.09										82,969.09	
Amenity - Canteen		5,899.81										5,899.81	
Amenity - Repairs & Maintenance		4,273.25										4,273.25	
Amenity - Operations		2,571.14										2,571.14	
General Insurance		11,203.00										11,203.00	
Property & Casualty Insurance		72,703.00										72,703.00	
Other Insurance		500.00										500.00	
Irrigation		60,885.85										60,885.85	
Lake Maintenance		66,495.00										66,495.00	
Landscaping Maintenance & Material		679,320.04										679,320.04	
Landscape Improvements		178,383.85										178,383.85	
Contingency		29,636.83										29,636.83	
Equipment Repair & Maintenance		8,908.07										8,908.07	
Pest Control		820.00										820.00	
Mulch		272,808.75										272,808.75	
Monument Maintenance		21,136.12										21,136.12	
Storm Landscape Replacement		5,674.00										5,674.00	
Capital Expenditures		720.24										720.24	
Street, Sidewalk, Curb Maintenance		24,380.00										24,380.00	
Streetlight Leasing		39,490.95										39,490.95	
Shared Bike Maintenance		1,250.00										1,250.00	
Dog Park		11,564.40										11,564.40	
Trailhead Maintenance		320.00										320.00	
Developer Loan Repayment		107,796.61										107,796.61	
Principal Payments - Series 2019			$  190,000.00									190,000.00	
Principal Payments - Series 2019-MG A1			200,000.00									200,000.00	
Interest Payments - Series 2019			467,977.50									467,977.50	
Interest Payments - Series 2019-MG A1			250,557.50									250,557.50	
Principal Payments - Series 2020 A1				$	160,000.00								160,000.00	
Principal Payments - Series 2020 A2				675,000.00								675,000.00	
Interest Payment - Series 2020 A1				288,725.00								288,725.00	
Interest Payment - Series 2020 A2				14,175.00								14,175.00	

		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 Payments - Series 2023 (1) A1										
$	155,000.00															
$	
155,000.00	
Principal Payments - Series 2023 (1) A2										4,605,000.00																4,605,000.00	
Principal Payments - Series 2023 (2) A										215,000.00																215,000.00	
Interest Payments - Series 2023 (1) A1										602,220.00																602,220.00	
Interest Payments - Series 2023 (1) A2										810,103.13																810,103.13	
Interest Payments - Series 2023 (2) A										544,210.00																544,210.00	
Principal Payment - Series 2023B												$	10,000.00														10,000.00	
Interest Payment - Series 2023B												766,700.00														766,700.00	
Engineering														$	385,384.35												385,384.35	
Contingency														4,312,502.86												4,312,502.86	
Engineering																$	852.50										852.50	
Contingency																56,293.33										56,293.33	
Engineering																		$	4,462.00								4,462.00	
Contingency																		25,331.29								25,331.29	
Contingency																				$	1,976.67						1,976.67	
Total Expenses	$	2,836,292.74		$ 1,108,535.00		$ 1,137,900.00		$  6,931,533.13		$	776,700.00		$	4,697,887.21		$	57,145.83		$	29,793.29		$	1,976.67		$	-		$	17,577,763.87	

Other Revenues (Expenses) & Gains (Losses)																																
Interest Income	$	33,844.08																					$	33,844.08	
Dividend Income				$	20,954.33																				20,954.33	
Dividend Income						$	14,166.10																		14,166.10	
Dividend Income								$	92,194.89																92,194.89	
Dividend Income										$	19,770.49														19,770.49	
Dividend Income												$	0.01												0.01	
Dividend Income														$	567.03										567.03	
Dividend Income																$	334.30								334.30	
Dividend Income																		$	14.93						14.93	
Total Other Revenues (Expenses) & Gains (Losses)	$	33,844.08		$	20,954.33		$	14,166.10		$	92,194.89		$	19,770.49		$	0.01		$	567.03		$	334.30		$	14.93		$	-		$	181,846.16	

Change In Net Assets	
$	
1,030,532.36		
$	
(95,665.11)		
$	
(705,023.48)		
$	
(1,674,137.78)		
$	
(466,671.45)		
$	
(755,869.14)		
$	(28,035.31)		
$	37,466.85		
$	152,793.71		
$	
-		
$	
(2,504,609.35)	
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	
$	
804,845.56		
$	745,973.00		
$	420,359.16		
$  3,816,430.60		
$	790,596.86		
$	(932,714.57)		
$	432.41		
$	
(53,062.23)		
$	
(50,961.99)		
$	-		
$	
5,541,898.80	

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

$	
YTD Actual

2,558,676.61
1,173,232.15
0.19
101,071.81
0.26		
YTD Budget

$ 1,707,079.57
1,044,339.61
- 16,533.33
-		
YTD Variance

$	851,597.04
128,892.54
0.19
84,538.48
0.26		FY 2026
Revised Adopted Budget

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

99.92%
74.89%

407.55%	
Net Revenues	$	3,832,981.02		$ 2,767,952.51		$	1,065,028.51		$ 4,151,928.78		92.32%	
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
Waste Holding Tank Rental Trailer Rental
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	

$

$	

8,000.00
11,203.00
29,193.91
53,666.64
30,000.00
61,088.88
15,000.00
19,439.80
25,000.00
-
-
- 96.30
2,157.25
1,889.04
3,746.49
1,201.81
1,615.06
6,591.58
5,954.51
12,172.72
3,340.17
177.31
2,210.00
36,600.00
754.50
925.35
24,954.89
61,000.00
195,036.08
60,112.19
107,796.61
780,924.09		

$	8,000.00
7,468.67
20,836.67
53,666.67
50,000.00
40,000.00
20,000.00
14,666.67
16,666.67
1,666.67
5,000.00
2,000.00
101.68
2,000.00
1,333.33
2,000.00
666.67
3,333.33
26,093.29
-
- 2,000.00
200.00
2,400.00
26,666.67
833.33
116.67
1,333.33
86,666.67
183,001.43
53,333.33
71,864.41

$	703,916.16		

$	-
3,734.33
8,357.24
(0.03)
(20,000.00)
21,088.88
(5,000.00)
4,773.13
8,333.33
(1,666.67)
(5,000.00)
(2,000.00)
(5.38)
157.25
555.71
1,746.49
535.14
(1,718.27)
(19,501.71)
5,954.51
12,172.72
1,340.17
(22.69)
(190.00)
9,933.33
(78.83)
808.68
23,621.56
(25,666.67)
12,034.65
6,778.86
35,932.20

$	77,007.93		

$	12,000.00
11,203.00
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
3,000.00
2,000.00
3,000.00
1,000.00
5,000.00
39,140.00
-
- 3,000.00
300.00
3,600.00
40,000.00
1,250.00
175.00
2,000.00
130,000.00
274,502.15
80,000.00
107,796.61

$ 1,055,874.28		

66.67%
100.00%
93.41%
66.67%
40.00%
101.81%
50.00%
88.36%
100.00%
0.00%
0.00%
0.00%
63.14%
71.91%
94.45%
124.88%
120.18%
32.30%
16.84%

111.34%
59.10%
61.39%
91.50%
60.36%
528.77%
1247.74%
46.92%
71.05%
75.14%
100.00%

73.96%	

YTD Actual		
YTD Budget		
YTD Variance		FY 2026
Revised 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 & I Zone 4 - Wildleaf - Impact Landscaping & Irrig Zone 5 - Camp Creek - Impact Landscaping & Zone 6 - Longmeadow - Impact Landscaping & 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 Streetlight Leasing
Shared Bike Maintenance Dog Park
Parks Maintenance & Repairs Trail Maintenance
Trailhead Maintenance Mailbox Maintenance	
$	
3,089.81
23,591.60
1,500.00
-
- 11,203.00
72,703.00
500.00
60,885.85
66,495.00

72,168.00
107,000.00
137,849.52
122,266.84
52,130.56
62,935.12
105,920.00
19,050.00
178,383.85
29,636.83
8,908.07
820.00
272,808.75
21,136.12
-
- 5,674.00
720.24
24,380.00
39,490.95
1,250.00
11,564.40
- 320.00
-
-		
$	3,333.33
26,666.67
333.33
4,166.67
1,666.67
7,468.67
48,468.67
333.33
63,333.33
66,666.67

72,168.00
102,800.00
143,333.33
113,333.33
52,130.63
70,000.00
105,920.00
26,666.67
133,333.33
40,000.00
5,600.00
2,000.00
200,000.00
16,666.67
2,666.67
33,333.33
66,666.67
23,833.33
20,000.00
34,000.00
10,000.00
10,000.00
8,333.33
3,333.33
3,333.33
333.33		
$	(243.52)
(3,075.07)
1,166.67
(4,166.67)
(1,666.67)
3,734.33
24,234.33
166.67
(2,447.48)
(171.67)

- 4,200.00
(5,483.81)
8,933.51
(0.07)
(7,064.88)
- (7,616.67)
45,050.52
(10,363.17)
3,308.07
(1,180.00)
72,808.75
4,469.45
(2,666.67)
(33,333.33)
(60,992.67)
(23,113.09)
4,380.00
5,490.95
(8,750.00)
1,564.40
(8,333.33)
(3,013.33)
(3,333.33)
(333.33)		
$	5,000.00
40,000.00
500.00
6,250.00
2,500.00
11,203.00
72,703.00
500.00
95,000.00
100,000.00

108,252.00
154,200.00
215,000.00
170,000.00
78,195.95
105,000.00
158,880.00
40,000.00
200,000.00
60,000.00
8,400.00
3,000.00
300,000.00
25,000.00
4,000.00
50,000.00
100,000.00
35,750.00
30,000.00
51,000.00
15,000.00
15,000.00
12,500.00
5,000.00
5,000.00
500.00		
61.80%
58.98%
300.00%
0.00%
0.00%
100.00%
100.00%
100.00%
64.09%
66.50%

66.67%
69.39%
64.12%
71.92%
66.67%
59.94%
66.67%
47.63%
89.19%
49.39%
106.05%
27.33%
90.94%
84.54%
0.00%
0.00%
5.67%
2.01%
81.27%
77.43%
8.33%
77.10%
0.00%
6.40%
0.00%
0.00%	
Total Field Operations	$	1,514,381.51		$ 1,522,222.62		$	(7,841.11)		$ 2,283,333.95		66.32%	

YTD Actual		
YTD Budget		
YTD Variance		FY 2026
Revised Adopted Budget		Percentage Variance	
Brightwood Pavilion - Amenity											
Amenity - Electric	$	9,605.57		$	10,000.00		$	(394.43)		$	15,000.00		64.04%	
Amenity - Water		19,891.10		23,333.33		(3,442.23)		35,000.00		56.83%	
Amenity - Cable TV / Internet / Wi-Fi		7,119.24		8,000.00		(880.76)		12,000.00		59.33%	
Amenity - Landscape Maintenance		6,915.00		-		6,915.00		-			
Amenity - Irrigation Repairs		1,406.03		4,666.67		(3,260.64)		7,000.00		20.09%	
Amenity - Pool Maintenance		13,200.00		14,190.00		(990.00)		21,285.00		62.02%	
Amenity - Access Control Maintenance		266.00		1,000.00		(734.00)		1,500.00		17.73%	
Amenity - Cleaning		16,869.46		18,000.00		(1,130.54)		27,000.00		62.48%	
Amenity - Pest Control		2,030.00		1,666.67		363.33		2,500.00		81.20%	
Amenity - Fitness Equipment Leasing		23,091.50		18,262.80		4,828.70		27,394.20		84.29%	
Amenity - Security Monitoring		5,378.33		4,333.33		1,045.00		6,500.00		82.74%	
Amenity - Firepits		2,687.23		4,000.00		(1,312.77)		6,000.00		44.79%	
Amenity - Capital outlay		11,450.01		14,360.90		(2,910.89)		21,541.35		53.15%	
Amenity - Miscellaneous		3,781.66		3,333.33		448.33		5,000.00		75.63%	
Amenity - Pool equipment		2,148.00		2,000.00		148.00		3,000.00		71.60%	
Amenity - A/C Maintenance and Equipment		2,903.78		1,000.00		1,903.78		1,500.00		193.59%	
Amenity - Playground Maintenance		-		4,666.67		(4,666.67)		7,000.00		0.00%	
Amenity - Streetlight Leasing		46,935.17		44,666.67		2,268.50		67,000.00		70.05%	
Amenity - Repairs & Maintenance		223.96		-		223.96		-			
Total Brightwood Pavilion - Amenity	$	175,902.04		$	177,480.37		$	(1,578.33)		$	266,220.55		66.07%	
Expenses											
Riverfield Verandah - Amenity											
Amenity - Electric	$	5,090.55		$	5,333.33		$	(242.78)		$	8,000.00		63.63%	
Amenity - Water		9,953.74		14,666.67		(4,712.93)		22,000.00		45.24%	
Amenity - Cable TV / Internet / Wi-Fi		8,000.32		8,000.00		0.32		12,000.00		66.67%	
Amenity - Irrigation Repairs		447.75		3,333.33		(2,885.58)		5,000.00		8.96%	
Amenity - Pool Maintenance		10,260.80		11,033.33		(772.53)		16,550.00		62.00%	
Amenity - Access Control Maintenance		266.00		666.67		(400.67)		1,000.00		26.60%	
Amenity - Cleaning		14,649.87		15,333.33		(683.46)		23,000.00		63.70%	
Amenity - Pest Control		1,185.00		1,466.67		(281.67)		2,200.00		53.86%	
Amenity - Security Monitoring		5,378.33		4,666.67		711.66		7,000.00		76.83%	
Amenity - Gate Access and Maintenance		28,616.67		26,666.67		1,950.00		40,000.00		71.54%	
Amenity - Capital Outlay		8,863.00		10,000.00		(1,137.00)		15,000.00		59.09%	
Amenity - Miscellaneous		553.06		2,000.00		(1,446.94)		3,000.00		18.44%	
Amenity - Pool Equipment		5,865.00		4,000.00		1,865.00		6,000.00		97.75%	
Amenity - Streetlight Leasing		27,714.74		27,333.33		381.41		41,000.00		67.60%	
Total Riverfield Verandah - Amenity	$	126,844.83		$	134,500.00		$	(7,655.17)		$	201,750.00		62.87%	
Expenses											

	
YTD Actual		
YTD Budget		
YTD Variance		FY 2026
Revised Adopted Budget		Percentage Variance	
Camp Creek - Amenity										
Amenity - Electric	$	28,136.69		$	26,666.67		$	1,470.02		$	40,000.00		70.34%	
Amenity - Water	1,041.79		3,333.33		(2,291.54)		5,000.00		20.84%	
Amenity - Cable TV / Internet / Wi-Fi	20,786.20		26,666.67		(5,880.47)		40,000.00		51.97%	
Amenity - Irrigation Repairs	6,044.38		6,666.67		(622.29)		10,000.00		60.44%	
Amenity - Pool Maintenance	21,400.00		22,000.00		(600.00)		33,000.00		64.85%	
Amenity - Access Control Maintenance	266.00		-		266.00		-			
Amenity - Cleaning	91,177.28		83,333.33		7,843.95		125,000.00		72.94%	
Amenity - Pest Control	3,525.00		4,000.00		(475.00)		6,000.00		58.75%	
Amenity - Security Monitoring	16,477.14		10,666.67		5,810.47		16,000.00		102.98%	
Amenity - Fire Pits	-		2,000.00		(2,000.00)		3,000.00		0.00%	
Amenity - Gate Access and Maintenance	-		1,666.67		(1,666.67)		2,500.00		0.00%	
Amenity - Capital Outlay	12,076.67		6,666.67		5,410.00		10,000.00		120.77%	
Amenity - Miscellaneous	11,032.93		3,333.33		7,699.60		5,000.00		220.66%	
Amenity - Pool Equipment	1,230.00		6,666.67		(5,436.67)		10,000.00		12.30%	
Amenity - Office Equipment Leasing	4,206.77		5,000.00		(793.23)		7,500.00		56.09%	
Amenity - Bike Pump Park Maintenance	-		666.67		(666.67)		1,000.00		0.00%	
Amenity - Pickleball Maintenance	-		833.33		(833.33)		1,250.00		0.00%	
Amenity - Cost of Goods Sold	-		9,333.33		(9,333.33)		14,000.00		0.00%	
Amenity - Streetlight Leasing	8,319.18		8,000.00		319.18		12,000.00		69.33%	
Amenity - Canteen	5,899.81		6,666.67		(766.86)		10,000.00		59.00%	
Amenity - Repairs & Maintenance	4,049.29		6,666.67		(2,617.38)		10,000.00		40.49%	
Amenity - Dumpster	-		666.67		(666.67)		1,000.00		0.00%	
Amenity - Water Slide Preventative Maintenance	-		1,666.67		(1,666.67)		2,500.00		0.00%	
Amenity - Operations	2,571.14		6,666.67		(4,095.53)		10,000.00		25.71%	
$	238,240.27		$	249,833.36		$	(11,593.09)		$	374,750.00		63.57%	
Total Camp Creek - Amenity Expenses										
Non-County Maintained Roads										
Highview Non-County Maintained Roads	$	-		$	-		$	-		$	-			
Crescent Creek (4E only) Non-County Maintaine	-		-		-		-			
Riverfield Non-County Maintained Roads	-		-		-		-			
Total Non-County Maintained Roads	$	-		$	-		$	-		$	-			

Total Expenses	$	
2,836,292.74		
$ 2,787,952.51		
$	48,340.23		
$ 4,181,928.78		
67.82%	

Other Income (Expenses)										
Interest Income	$	33,844.08		$	20,000.00		$	13,844.08		$	30,000.00		112.81%	
Total Other Income (Expenses)	$	33,844.08		$	20,000.00		$	13,844.08		$	30,000.00		112.81%	
Net Income (Loss)	$	1,030,532.36		$	-		$  1,030,532.36		$	-