North River Ranch
Improvement Stewardship District
June 2026 Financial Package

June 30, 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 6/30/2026							

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
Off-Roll Assessments Receivable Prepaid Expenses
Deposits
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)
Debt Service Reserve A1 (Series 2020) Revenue A1, A2 (Series 2020)
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)
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	

$

$	

806,642.57
3,724.38
190,399.97
26,119.58
12,108.28

1,038,994.78	

$

$	

166,056.88
88,812.50
343,163.15
156,356.60
1.78
4,520.04

758,910.95	

$

$	

224,050.00
199,134.37

423,184.37	

$

$	

50,636.96
742,805.00
583,284.99
640,210.39
386,935.86
352,853.56
25,742.03
12,107.46
1,077,635.49
7,441.98
0.09
351.33

3,880,005.14	

$  773,185.60
42.29
19,448.63
267.79

$  792,944.31	

$

$	

1,735,626.07
4,973.20

1,740,599.27	

$

$	

54.12
378.45

432.57	

$

$	

20,024.61
461.79
15.12
552.77

21,054.29	

$
$	

722.23
722.23	

$	

-	

$

$	

806,642.57
3,724.38
190,399.97
26,119.58
12,108.28
166,056.88
88,812.50
343,163.15
156,356.60
1.78
4,520.04
224,050.00
199,134.37
50,636.96
742,805.00
583,284.99
640,210.39
386,935.86
352,853.56
25,742.03
12,107.46
1,077,635.49
7,441.98
0.09
351.33
773,185.60
42.29
19,448.63
267.79
1,735,626.07
4,973.20
54.12
378.45
20,024.61
461.79
15.12
552.77
722.23
8,656,847.91	

General		

S19, S19-MG
Debt Service		

S20
Debt Service		North River Ranch Improvement SD
Statement of Financial Position As of 6/30/2026

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	

$	

-		

$	

-		

$	

-		

$	

-		

$	

-		

$	

-		

$	

-		

$	

-		

$	-		

$	5,804,407.81
54,880,592.19
$  60,685,000.00		

$  5,804,407.81
54,880,592.19
$ 60,685,000.00	
Total Assets	$	1,038,994.78		$  758,910.95		$  423,184.37		$ 3,880,005.14	$  792,944.31	$  1,740,599.27		$	432.57		$	21,054.29		$	722.23		$  60,685,000.00		$ 69,341,847.91	

Current Liabilities Accounts Payable Deferred Revenue
Deferred Revenue - Off-Roll Deferred Revenue Accounts Payable Retainage Payable Deferred Revenue
Total Current Liabilities	

$

$	

50,897.22
3,724.38
190,399.97

245,021.57		

$	-		

$	-		

Liabilities and Net Assets

$	50,636.96
$  1,735,626.07
253,110.33
1,735,626.07
 
$	50,636.96	$	-	$  3,724,362.47		

$	-		

$	-		

$	-		

$	-		

$	50,897.22
3,724.38
190,399.97
50,636.96
1,735,626.07
253,110.33
1,735,626.07
$  4,020,021.00	

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	$	245,021.57		$	-		$	-		$	50,636.96		$	-	$  3,724,362.47		$	-		$	-		$	-		$  60,685,000.00		$ 64,705,021.00	

		

General		

S19, S19-MG
Debt Service		

S20
Debt Service		North River Ranch Improvement SD
Statement of Financial Position As of 6/30/2026

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)	
		1,019,660.01																			1,019,660.01	
				$  841,638.11																	841,638.11	
				(82,727.16)																	(82,727.16)	
						$ 1,125,382.64															1,125,382.64	
						(702,198.27)															(702,198.27)	
								$ 5,490,568.38													5,490,568.38	
								(1,661,200.20)													(1,661,200.20)	
								$ 1,257,268.31													1,257,268.31	
								(464,324.00)													(464,324.00)	
										$	(176,845.43)											(176,845.43)	
										(1,806,917.77)											(1,806,917.77)	
												$	28,467.72									28,467.72	
												(28,035.15)									(28,035.15)	
														$	(90,529.08)							(90,529.08)	
														111,583.37							111,583.37	
																$	(203,755.70)					(203,755.70)	
																204,477.93					204,477.93	
	$	793,973.21		$  758,910.95		$  423,184.37		$ 3,829,368.18	$  792,944.31		$ (1,983,763.20)		$	432.57		$	21,054.29		$	722.23		$	-		$	4,636,826.91	
																						
Total Liabilities and Net Assets	$	1,038,994.78		$  758,910.95		$  423,184.37		$ 3,880,005.14		$  792,944.31		$  1,740,599.27		$	432.57		$	21,054.29		$	722.23		$  60,685,000.00		$	69,341,847.91	

 

North River Ranch Improvement SD
Statement of Activities As of 6/30/2026	
		
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	

Revenues

On-Roll Assessments Off-Roll Assessments Developer Contributions
Other Income & Other Financing Sources Sales Tax Collection Allowance Revenue On-Roll Assessments
Inter-Fund Group Transfers In On-Roll Assessments
On-Roll Assessments Off-Roll Assessments Other Assessments Other Assessments Developer Contributions Inter-Fund Transfers In
Other Income & Other Financing Sources Inter-Fund Group Transfers In
Other Income & Other Financing Sources Inter-Fund Transfers In
Inter-Fund Transfers In
Total Revenues	

$

$	

2,577,227.10
1,376,109.45
0.19
103,408.31
0.32

4,056,745.37	

$ 1,002,645.35
3.29

$ 1,002,648.64	

$	445,507.94

$	445,507.94	

$	661,458.36
681,368.15
3,824,324.71
$	290,258.06
$	4,326,086.66
85,290.82

  
$  5,167,151.22	$	290,258.06	$	4,411,377.48	

$	3,327.75
25,215.74

$	28,543.49	

$	87,241.65
325,544.11

$	412,785.76	

$	206,437.53

$	206,437.53	

$	-	

$

$	

2,577,227.10
1,376,109.45
0.19
103,408.31
0.32
1,002,645.35
3.29
445,507.94
661,458.36
681,368.15
3,824,324.71
290,258.06
4,326,086.66
85,290.82
3,327.75
25,215.74
87,241.65
325,544.11
206,437.53
16,021,455.49	
Expenses

Supervisor Fees
Public Officials' Liability Insurance Trustee Services
District Management Field Management Engineering Disclosure
District Counsel Assessment Administration Tax Preparation
Travel and Per Diem Telephone
Postage & Shipping Copies
Legal Advertising Miscellaneous Office Supplies Property Taxes
Web Site Maintenance Holiday Decorations Help Desk
Waste Holding Tank Rental Trailer Rental
Dues, Licenses, and Fees Security
Maintenance Staff Lifestyle Staff Resident Services Electric
Amenity - Electric	

$	

9,000.00
11,203.00
29,193.91
60,374.97
35,000.00
61,268.88
15,000.00
24,389.80
25,000.00
96.30
2,291.27
1,901.99
4,489.79
1,233.25
1,735.03
6,817.29
3,742.28
177.31
2,420.00
36,600.00
754.50
6,662.51
13,755.72
925.35
32,323.89
69,500.00
227,366.90
69,611.64
3,089.81
42,832.81								

$	

9,000.00
11,203.00
29,193.91
60,374.97
35,000.00
61,268.88
15,000.00
24,389.80
25,000.00
96.30
2,291.27
1,901.99
4,489.79
1,233.25
1,735.03
6,817.29
3,742.28
177.31
2,420.00
36,600.00
754.50
6,662.51
13,755.72
925.35
32,323.89
69,500.00
227,366.90
69,611.64
3,089.81
42,832.81	

					North River Ranch Improvement SD						
					Statement of Activities						
					As of 6/30/2026						
		
General	
S19, S19-MG
Debt Service	
S20
Debt Service	
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	

Amenity - Water	
$	
30,712.08							
$	
30,712.08	
Water Reclaimed		23,591.60								23,591.60	
Wetlands Monitoring		1,750.00								1,750.00	
Amenity - Cable TV / Internet / Wi-Fi		38,875.29								38,875.29	
Amenity - Landscape Maintenance		7,538.00								7,538.00	
Amenity - Irrigation Repairs		7,898.16								7,898.16	
Amenity - Pool Maintenance		50,468.40								50,468.40	
Amenity - Access Control		798.00								798.00	
Amenity - Janitorial		139,477.24								139,477.24	
Amenity - Pest Control		7,410.00								7,410.00	
Amenity - Fitness Equipment Leasing		25,319.35								25,319.35	
Amenity - Security Monitoring		35,083.60								35,083.60	
Amenity - Firepits		2,687.23								2,687.23	
Amenity - Gate Access and Maintenance		31,599.59								31,599.59	
Amenity - Capital Outlay		32,547.68								32,547.68	
Amenity - Miscellaneous		1,215.55								1,215.55	
Amenity - Pool Equipment		11,468.00								11,468.00	
Amenity - AC Maintenance and Equipment		3,571.78								3,571.78	
Amenity - Playground Maintenance		1,000.00								1,000.00	
Amenity - Office Equipment Leasing		4,623.07								4,623.07	
Amenity - Streetlight Leasing		82,969.09								82,969.09	
Amenity - Canteen		5,956.08								5,956.08	
Amenity - Repairs & Maintenance		18,769.54								18,769.54	
Amenity - Operations		3,131.64								3,131.64	
General Insurance		11,203.00								11,203.00	
Property & Casualty Insurance		72,703.00								72,703.00	
Other Insurance		500.00								500.00	
Irrigation		67,619.02								67,619.02	
Lake Maintenance		78,374.00								78,374.00	
Landscaping Maintenance & Material		761,475.67								761,475.67	
Landscape Improvements		179,583.85								179,583.85	
Contingency		30,442.59								30,442.59	
Equipment Repair & Maintenance		10,510.27								10,510.27	
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		790.85								790.85	
Street, Sidewalk, Curb Maintenance		26,925.00								26,925.00	
Streetlight Leasing		40,589.07								40,589.07	
Shared Bike Maintenance		2,575.00								2,575.00	
Dog Park		12,656.40								12,656.40	
Trail Maintenance		1,750.00								1,750.00	
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	

North River Ranch Improvement SD
Statement of Activities As of 6/30/2026	
		
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	

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	
Inter-Fund Transfers							25,215.74																		25,215.74	
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													$	469,992.46												469,992.46	
Contingency													5,393,877.19												5,393,877.19	
Inter-Fund Transfers													354,425.61												354,425.61	
Engineering															$	852.50										852.50	
Contingency															56,293.33										56,293.33	
Engineering																	$	9,729.50								9,729.50	
Contingency																	29,051.29								29,051.29	
Inter-Fund Transfers Out																	262,850.14								262,850.14	
Contingency									

						$	1,976.67						1,976.67	
Total Expenses	$	3,073,472.37		$ 1,108,535.00		$ 1,163,115.74		$  6,931,533.13		$	776,700.00		$	6,218,295.26		$	57,145.83		$	301,630.93		$	1,976.67		$	-		$	19,632,404.93	

Other Revenues (Expenses) & Gains (Losses)																																
Interest Income	$	36,387.01																					$	36,387.01	
Dividend Income				$	23,159.20																				23,159.20	
Dividend Income						$	15,409.53																		15,409.53	
Dividend Income								$	103,181.71																103,181.71	
Dividend Income										$	22,117.94														22,117.94	
Dividend Income												$	0.01												0.01	
Dividend Income														$	567.19										567.19	
Dividend Income																$	428.54								428.54	
Dividend Income								

						$	17.07						17.07	
Total Other Revenues (Expenses) & Gains (Losses)	$	36,387.01		$	23,159.20		$	15,409.53		$	103,181.71		$	22,117.94		$	0.01		$	567.19		$	428.54		$	17.07		$	-		$	201,268.20	

Change In Net Assets	
$	
1,019,660.01		
$	
(82,727.16)		
$	
(702,198.27)		
$	
(1,661,200.20)		
$	
(464,324.00)		
$	
(1,806,917.77)		
$	(28,035.15)		
$	111,583.37		
$	204,477.93		
$	
-		
$	
(3,409,681.24)	
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	
$	
793,973.21		
$	758,910.95		
$	423,184.37		

$  3,829,368.18		

$	792,944.31		
$  (1,983,763.20)		
$	432.57		
$	21,054.29		
$	722.23		
$	-		
$	
4,636,826.91	

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

$	
YTD Actual

2,577,227.10
1,376,109.45
0.19
103,408.31
0.32		
YTD Budget

$ 1,920,464.52
1,174,882.07
- 18,600.00
-		
YTD Variance

$	656,762.58
201,227.38
0.19
84,808.31
0.32		FY 2026
Revised Adopted Budget

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

100.65%
87.85%

416.97%	
Net Revenues	$	4,056,745.37		$ 3,113,946.59		$	942,798.78		$ 4,151,928.78		97.71%	
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	

$

$	

9,000.00
11,203.00
29,193.91
60,374.97
35,000.00
61,268.88
15,000.00
24,389.80
25,000.00
-
-
- 96.30
2,291.27
1,901.99
4,489.79
1,233.25
1,735.03
6,817.29
6,662.51
13,755.72
3,742.28
177.31
2,420.00
36,600.00
754.50
925.35
32,323.89
69,500.00
227,366.90
69,611.64
107,796.61
860,632.19		

$	9,000.00
8,402.25
23,441.25
60,375.00
56,250.00
45,000.00
22,500.00
16,500.00
18,750.00
1,875.00
5,625.00
2,250.00
114.39
2,250.00
1,500.00
2,250.00
750.00
3,750.00
29,355.01
-
- 2,250.00
225.00
2,700.00
30,000.00
937.50
131.25
1,500.00
97,500.00
205,876.61
60,000.00
80,847.46

$	791,905.72		

$	-
2,800.75
5,752.66
(0.03)
(21,250.00)
16,268.88
(7,500.00)
7,889.80
6,250.00
(1,875.00)
(5,625.00)
(2,250.00)
(18.09)
41.27
401.99
2,239.79
483.25
(2,014.97)
(22,537.72)
6,662.51
13,755.72
1,492.28
(47.69)
(280.00)
6,600.00
(183.00)
794.10
30,823.89
(28,000.00)
21,490.29
9,611.64
26,949.15

$	68,726.47		

$	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		

75.00%
100.00%
93.41%
75.00%
46.67%
102.11%
50.00%
110.86%
100.00%
0.00%
0.00%
0.00%
63.14%
76.38%
95.10%
149.66%
123.33%
34.70%
17.42%

124.74%
59.10%
67.22%
91.50%
60.36%
528.77%
1616.19%
53.46%
82.83%
87.01%
100.00%

81.51%	

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
1,750.00
-
- 11,203.00
72,703.00
500.00
67,619.02
78,374.00

81,189.00
119,250.00
155,080.71
136,872.07
58,646.88
70,027.01
119,160.00
21,250.00
179,583.85
30,442.59
10,510.27
820.00
272,808.75
21,136.12
-
- 5,674.00
790.85
26,925.00
40,589.07
2,575.00
12,656.40
- 1,750.00
320.00
-		
$	3,750.00
30,000.00
375.00
4,687.50
1,875.00
8,402.25
54,527.25
375.00
71,250.00
75,000.00

81,189.00
115,650.00
161,250.00
127,500.00
58,646.96
78,750.00
119,160.00
30,000.00
150,000.00
45,000.00
6,300.00
2,250.00
225,000.00
18,750.00
3,000.00
37,500.00
75,000.00
26,812.50
22,500.00
38,250.00
11,250.00
11,250.00
9,375.00
3,750.00
3,750.00
375.00		
$	(660.19)
(6,408.40)
1,375.00
(4,687.50)
(1,875.00)
2,800.75
18,175.75
125.00
(3,630.98)
3,374.00

- 3,600.00
(6,169.29)
9,372.07
(0.08)
(8,722.99)
- (8,750.00)
29,583.85
(14,557.41)
4,210.27
(1,430.00)
47,808.75
2,386.12
(3,000.00)
(37,500.00)
(69,326.00)
(26,021.65)
4,425.00
2,339.07
(8,675.00)
1,406.40
(9,375.00)
(2,000.00)
(3,430.00)
(375.00)		
$	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%
350.00%
0.00%
0.00%
100.00%
100.00%
100.00%
71.18%
78.37%

75.00%
77.33%
72.13%
80.51%
75.00%
66.69%
75.00%
53.13%
89.79%
50.74%
125.12%
27.33%
90.94%
84.54%
0.00%
0.00%
5.67%
2.21%
89.75%
79.59%
17.17%
84.38%
0.00%
35.00%
6.40%
0.00%	
Total Field Operations	$	1,626,888.00		$ 1,712,500.46		$	(85,612.46)		$ 2,283,333.95		71.25%	

YTD Actual		
YTD Budget		
YTD Variance		FY 2026
Revised Adopted Budget		Percentage Variance	
Brightwood Pavilion - Amenity											
Amenity - Electric	$	9,605.57		$	11,250.00		$	(1,644.43)		$	15,000.00		64.04%	
Amenity - Water		19,891.10		26,250.00		(6,358.90)		35,000.00		56.83%	
Amenity - Cable TV / Internet / Wi-Fi		7,119.24		9,000.00		(1,880.76)		12,000.00		59.33%	
Amenity - Landscape Maintenance		7,538.00		-		7,538.00		-			
Amenity - Irrigation Repairs		1,406.03		5,250.00		(3,843.97)		7,000.00		20.09%	
Amenity - Pool Maintenance		14,850.00		15,963.75		(1,113.75)		21,285.00		69.77%	
Amenity - Access Control Maintenance		266.00		1,125.00		(859.00)		1,500.00		17.73%	
Amenity - Cleaning		19,265.88		20,250.00		(984.12)		27,000.00		71.36%	
Amenity - Pest Control		2,030.00		1,875.00		155.00		2,500.00		81.20%	
Amenity - Fitness Equipment Leasing		25,319.35		20,545.65		4,773.70		27,394.20		92.43%	
Amenity - Security Monitoring		7,328.33		4,875.00		2,453.33		6,500.00		112.74%	
Amenity - Firepits		2,687.23		4,500.00		(1,812.77)		6,000.00		44.79%	
Amenity - Capital outlay		11,450.01		16,156.01		(4,706.00)		21,541.35		53.15%	
Amenity - Miscellaneous		211.92		3,750.00		(3,538.08)		5,000.00		4.24%	
Amenity - Pool equipment		4,373.00		2,250.00		2,123.00		3,000.00		145.77%	
Amenity - A/C Maintenance and Equipment		2,903.78		1,125.00		1,778.78		1,500.00		193.59%	
Amenity - Playground Maintenance		1,000.00		5,250.00		(4,250.00)		7,000.00		14.29%	
Amenity - Streetlight Leasing		46,935.17		50,250.00		(3,314.83)		67,000.00		70.05%	
Amenity - Repairs & Maintenance		3,793.70		-		3,793.70		-			
Total Brightwood Pavilion - Amenity	$	187,974.31		$	199,665.41		$	(11,691.10)		$	266,220.55		70.61%	
Expenses											
Riverfield Verandah - Amenity											
Amenity - Electric	$	5,090.55		$	6,000.00		$	(909.45)		$	8,000.00		63.63%	
Amenity - Water		9,779.19		16,500.00		(6,720.81)		22,000.00		44.45%	
Amenity - Cable TV / Internet / Wi-Fi		8,997.85		9,000.00		(2.15)		12,000.00		74.98%	
Amenity - Irrigation Repairs		447.75		3,750.00		(3,302.25)		5,000.00		8.96%	
Amenity - Pool Maintenance		11,543.40		12,412.50		(869.10)		16,550.00		69.75%	
Amenity - Access Control Maintenance		266.00		750.00		(484.00)		1,000.00		26.60%	
Amenity - Cleaning		16,416.22		17,250.00		(833.78)		23,000.00		71.37%	
Amenity - Pest Control		1,265.00		1,650.00		(385.00)		2,200.00		57.50%	
Amenity - Security Monitoring		7,328.33		5,250.00		2,078.33		7,000.00		104.69%	
Amenity - Gate Access and Maintenance		31,599.59		30,000.00		1,599.59		40,000.00		79.00%	
Amenity - Capital Outlay		8,863.00		11,250.00		(2,387.00)		15,000.00		59.09%	
Amenity - Miscellaneous		-		2,250.00		(2,250.00)		3,000.00		0.00%	
Amenity - Pool Equipment		5,865.00		4,500.00		1,365.00		6,000.00		97.75%	
Amenity - Streetlight Leasing		27,714.74		30,750.00		(3,035.26)		41,000.00		67.60%	
Amenity - Repairs & Maintenance		598.84		-		598.84		-			
Total Riverfield Verandah - Amenity	$	135,775.46		$	151,312.50		$	(15,537.04)		$	201,750.00		67.30%	
Expenses											

	
YTD Actual		
YTD Budget		
YTD Variance		FY 2026
Revised Adopted Budget		Percentage Variance	
Camp Creek - Amenity										
Amenity - Electric	$	28,136.69		$	30,000.00		$	(1,863.31)		$	40,000.00		70.34%	
Amenity - Water	1,041.79		3,750.00		(2,708.21)		5,000.00		20.84%	
Amenity - Cable TV / Internet / Wi-Fi	22,758.20		30,000.00		(7,241.80)		40,000.00		56.90%	
Amenity - Irrigation Repairs	6,044.38		7,500.00		(1,455.62)		10,000.00		60.44%	
Amenity - Pool Maintenance	24,075.00		24,750.00		(675.00)		33,000.00		72.95%	
Amenity - Access Control Maintenance	266.00		-		266.00		-			
Amenity - Cleaning	103,795.14		93,750.00		10,045.14		125,000.00		83.04%	
Amenity - Pest Control	4,115.00		4,500.00		(385.00)		6,000.00		68.58%	
Amenity - Security Monitoring	20,426.94		12,000.00		8,426.94		16,000.00		127.67%	
Amenity - Fire Pits	-		2,250.00		(2,250.00)		3,000.00		0.00%	
Amenity - Gate Access and Maintenance	-		1,875.00		(1,875.00)		2,500.00		0.00%	
Amenity - Capital Outlay	12,234.67		7,500.00		4,734.67		10,000.00		122.35%	
Amenity - Miscellaneous	1,003.63		3,750.00		(2,746.37)		5,000.00		20.07%	
Amenity - Pool Equipment	1,230.00		7,500.00		(6,270.00)		10,000.00		12.30%	
Amenity - A/C Maintenance and Equipment	668.00		-		668.00		-			
Amenity - Office Equipment Leasing	4,623.07		5,625.00		(1,001.93)		7,500.00		61.64%	
Amenity - Bike Pump Park Maintenance	-		750.00		(750.00)		1,000.00		0.00%	
Amenity - Pickleball Maintenance	-		937.50		(937.50)		1,250.00		0.00%	
Amenity - Cost of Goods Sold	-		10,500.00		(10,500.00)		14,000.00		0.00%	
Amenity - Streetlight Leasing	8,319.18		9,000.00		(680.82)		12,000.00		69.33%	
Amenity - Canteen	5,956.08		7,500.00		(1,543.92)		10,000.00		59.56%	
Amenity - Repairs & Maintenance	14,377.00		7,500.00		6,877.00		10,000.00		143.77%	
Amenity - Dumpster	-		750.00		(750.00)		1,000.00		0.00%	
Amenity - Water Slide Preventative Maintenance	-		1,875.00		(1,875.00)		2,500.00		0.00%	
Amenity - Operations	3,131.64		7,500.00		(4,368.36)		10,000.00		31.32%	
$	262,202.41		$	281,062.50		$	(18,860.09)		$	374,750.00		69.97%	
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	$	
3,073,472.37		
$ 3,136,446.59		
$	(62,974.22)		
$ 4,181,928.78		
73.49%	

Other Income (Expenses)										
Interest Income	$	36,387.01		$	22,500.00		$	13,887.01		$	30,000.00		121.29%	
Total Other Income (Expenses)	$	36,387.01		$	22,500.00		$	13,887.01		$	30,000.00		121.29%	
Net Income (Loss)	$	1,019,660.01		$	-		$  1,019,660.01		$	-