Live Oak Lake
Community Development District Agenda
February 19, 2026

Agenda

Live Oak Lake
Community Development District
219 E. Livingston St., Orlando, FL 32801 Phone: 407-841-5524

February 11, 2026

Board of Supervisors Live Oak Lake
Community Development District
Dear Board Members:

The regular meeting of the Board of Supervisors of Live Oak Lake Community Development District will be held Thursday, February 19, 2026, at 2:00 PM at the Twin Lakes Clubhouse, 49231 Twin Lakes Blvd., St. Cloud, Fl 34772.
Those members of the public wishing to attend the meeting can do so using the information below: Zoom Video Link: https://us06web.zoom.us/j/89001964564
Zoom Call-In Information: 1-305-224-1968 Zoom ID: 890-0196-4564

Board of Supervisors Meeting
Roll Call
Public Comment Period
Consent Agenda
Approval of Minutes of the January 15, 2026, Board of Supervisors Meeting
Approval of Check Register
Consideration of Agreement for Underwriting Services (Series 2016 Bond Issue)
Staff Reports
Attorney
Engineer
Field Manager’s Report
Midge Treatment Report
Consideration of Steadfast Proposal of Skeeter Treatment (23 Ponds)
District Manager’s Report
Approval of Balance Sheet
Other Business
Supervisors Requests
Adjournment

Section III

Minutes

MINUTES OF MEETING LIVE OAK LAKE
COMMUNITY DEVELOPMENT DISTRICT

The regular meeting of the Board of Supervisors of the Live Oak Lake Community Development District was held on Thursday, January 15, 2026, at 2:00 p.m. at the Twin Lakes Clubhouse, 49231 Twin Lakes Blvd., St. Cloud, Florida.

Present and constituting a quorum:

Ned Bowman	Chairperson
Linda Warner	Vice Chairperson
Bob Holesko	Assistant Secretary Mel Gray Marshall joined late by Zoom Assistant Secretary

Also present were:

Tricia Adams	District Manager, GMS
Sarah Sandy	District Counsel, Kutak Rock
Jarrett Wright	Field Services, GMS

FIRST ORDER OF BUSINESS	Roll Call
Ms. Adams called the meeting to order. Three Supervisors were present. A quorum was established.

SECOND ORDER OF BUSINESS	Public Comment Period
Ms. Adams opened the public comment period.
Resident (Stuart Cowen) addressed the Board regarding ongoing midge issues within the community. He stated that he has raised concerns for approximately two and a half years and has been previously advised that limited mitigation options were available. Mr. Cowen noted that while some actions appear to be underway, residents continue to receive inconsistent information regarding planned treatments. He acknowledged recent spraying activity but reported continued significant midge activity in the neighborhood.

Resident (Sherry Payne Lewis) asked whether Del Webb contributes CDD assessments for unsold homes and whether Del Webb is funding any amenity buildouts. Ms. Adams noted that a combined balance sheet would be presented later in the meeting, at which time revenue details would be reviewed.
Resident (Max Lawson) questioned why vegetation in the pond on the south side near the villas was sprayed and killed. He stated that he contacted staff by email but did not receive a response and expressed concern that the pond now appears worse due to dead vegetation. He asked who authorized the spraying and the reason for it. Ms. Adams stated the matter would be addressed during the Field Manager’s report.

THIRD ORDER OF BUSINESS	Consent Agenda
Approval of Minutes of the November 20, 2025, Board of Supervisors Meeting
Approval of Check Register
Ms. Adams presented the minutes from the November 20, 2025, meeting and asked for any questions or comments. She noted that the check register was in the agenda package for Board review and totaled $1,443,977.17. The Board had no changes to the consent agenda.

On MOTION by Mr. Bowman, seconded by Ms. Warner, with all in favor, the Consent Agenda, was approved.

FOURTH ORDER OF BUSINESS	Ratification  of  Data  Sharing  and  Usage
Agreement with Osceola County Property Appraiser
Ms. Adams presented an administrative item regarding ratification of the Data Sharing and Usage Agreement with the Osceola County Property Appraiser. The agreement provides that any confidential or exempt information shared with the District will be maintained as confidential and will not be disclosed.

On MOTION by Mr. Bowman, seconded by Ms. Warner, with all in favor, the Data Sharing and Usage Agreement with Osceola County Property Appraiser, was ratified.

FIFTH ORDER OF BUSINESS	Staff Reports
Attorney
Ms. Sandy stated she had nothing to report but was happy to answer any questions.

Engineer
There was no report.
*Ms. Gray Marshall joined the meeting by Zoom at this time.

Field Manager’s Report
Mr. Wright addressed concerns regarding vegetation die-off in the pond. Mr. Wright reported that staff has consulted with Solitude and a site review will be conducted during shoreline planting activities to determine whether observed vegetation conditions are due to seasonal dormancy or treatment related impacts. If treatment related damage is confirmed, Solitude will replace affected plant material per contract requirements.
Landscape maintenance and fountain maintenance are proceeding as expected during the dormant season, with mowing occurring biweekly and detailed maintenance rotating through the property monthly. The tennis court fountain motor has been replaced under warranty and was scheduled for installation that day, pending final electrical connection.
Mr. Wright reported that staff evaluated the feasibility of installing additional fountains or pond agitators as a midge mitigation strategy. Based on professional assessments, the cost of extending electrical service and installing agitators across multiple ponds would be prohibitively expensive, with limited benefit relative to cost. The current strategy remains focused on plantings, treatments, and fish stocking.
Treatment reports from December 3 and December 18 were provided in the agenda.
Updated treatment data will be distributed once received.

Midge Treatment Report
Mr. Wright reported that the Board approved midge treatment program commenced on December 2, 2025. Due to holiday related supply delays, the second treatment occurred on January 9, 2026, outside the intended 30-day interval. While some early improvement has been observed, residents and Board members have indicated that results are not yet at desired levels. Mr. Wright emphasized that midge control treatments do not provide immediate results and are designed to

reduce populations gradually over time. The goal is long term population management rather than elimination.
Mr. Wright reported the shoreline plantings for ponds 13, 14, and 15 are scheduled for February 2026, with agreements finalized and installation scheduling underway. Following plant installation, fish stocking will occur to support larval control. Based on further research, the originally proposed mixed fish species were revised, as certain species shift diets as they mature and could undermine larval control efforts. The revised plan includes stocking 54,000 Gambusia fish only, resulting in a cost savings of approximately $19,000. Fish stocking is scheduled for February.
Beginning in February, the District will be fully engaged in its multi-pronged midge management approach, including monthly larvicide treatments, weekly barrier and spray treatments, ongoing treatment of 15 ponds, and shoreline planting and fish stocking.
Mr. Wright stated that the visible results from fish stocking and treatments typically take a minimum of 90 days and are intended to become self-sustaining over time.
Ms. Adams reopened the public hearing.
A resident questioned responsibility for landscape maintenance around pond areas, stating that residents had received conflicting information between the CDD and the HOA regarding hedge trimming and pond-edge maintenance. The resident explained that homeowners maintain grass up to six feet from the high-water mark expressed concern about clarity of responsibility between the CDD and HOA.
Staff explained that landscape and pond maintenance responsibilities are divided between the CDD and the HOA. Staff noted that the CDD and HOA coordinate regularly on maintenance issues, including maintenance and utilities. Residents experiencing uncertainty were encouraged to contact District staff directly so issues can be routed appropriately.
Staff clarified that, in most cases, hedges and landscaping beyond the pond bank are the responsibility of the HOA, with limited expectations where specific hedges are owned by the CDD. Staff offered to verify the specific location in question after the meeting to confirm ownership and, if applicable, arrange trimming.

District Manager’s Report

Approval of Balance Sheet
Ms. Adams stated that, in addition to items listed on the agenda, the Board received an email from the bond underwriter for the Live Oak CDD. The correspondence outlined preliminary research being conducted regarding potential opportunities related to trust funds and outstanding bond debt.
The underwriter is reviewing whether the Series 2016 bonds, which carry a 30-year term, may be eligible for refunding beginning in May 2026. The underwriter noted that the bonds were issued at relatively low interest rated in 2016 and cautioned that savings may be limited; However, a full analysis is underway. Factors such as property ownership distribution and market conditions are being evaluated.
Ms. Adams stated additionally, the underwriter is reviewing trust account balances to determine whether interest earnings or excess funds could be directed in a manner beneficial to the District. The review is being conducted as a courtesy. The underwriter offered to attend a future Board meeting to present findings or alternatively provide a written report.
The Board expressed interest in having the underwriter attend a future meeting to present the analysis. A Board member also requested outreach to a resident with prior professional bond market experience to participate in the discussion if available.
Ms. Adams reviewed the combined balance sheet and unaudited financials through December 31. The combined balance sheet reflects the District’s general fund unassigned balance available for operations. Budget-to-actual comparisons show revenues and expenditures tracking favorably, with variances noted.
As of the end of December, assessment receipts totaled $651,679, reflecting a high collection rate. It was clarified that Pulte and Narcoossee Land Ventures are now paying full maintenance assessments on their owned properties, consistent with residential property owners, following Board action effective October 1.
Administrative expenses are reported to be approximately $18,000 under budget for the first quarter of the fiscal year. Field operations expenditures were also slightly under budget.
Bond activity for the Series 2016 and Series 2020 issues was reviewed, confirming that scheduled interest payments were made in November in accordance with the amortization schedules. A special call payment was also noted for early debt retirement by a property owner.

On MOTION by Mr. Bowman, seconded by Ms. Warner, with all in favor, the Balance Sheet, was approved.

SIXTH ORDER OF BUSINESS	Other Business
Ms. Adams opened the floor for other business.
A resident asked whether the CDD terminates after the 30-year bond period. Staff explained that this is a common misconception. While individual debt service assessments expire when the bonds are paid off, the CDD itself does not dissolve. The Series 2016 bonds retire in 2046 and the Series 2020 bonds retire in 2050. Property owners may either pay annual debt service assessments through their tax bill or pay off their remaining balance in a lump sum by contacting District staff.
Ms. Adams explained that the CDD exists in perpetuity as a special purpose local government established by Osceola County. The CDD remains responsible for owning, operating, and maintaining District infrastructure including stormwater systems and certain common area landscaping. Annual maintenance assessments are based on the budget adopted by the Board and may increase, decrease, or remain flat depending on operating needs. The recent increase in maintenance assessments was attributed primarily to expand midge management efforts.
A resident shared prior experience with bond refinancing in another community, noting that refinancing had reduced interest rates and generated savings for community improvements. Staff acknowledged the comment and reiterated that the Board is actively exploring refinancing opportunities with its bond underwriter.
Ms. Adams confirmed that regular Board meetings are held on the third Thursday of each month at 2:00 p.m., with any changes noticed in advance and posted on the Live Oak Lake CDD website. The underwriter’s presentation regarding bond refinancing will be scheduled once availability is confirmed and included on a future agenda.

SEVENTH ORDER OF BUSINESS	Supervisors' Requests
There were no Supervisors’ Requests, and the next item followed.

EIGHTH ORDER OF BUSINESS	Adjournment
Ms. Adams requested a motion to adjourn the meeting.

On MOTION by Ms. Warner, seconded by Mr. Bowman, with all in favor, the meeting was adjourned.

Secretary / Assistant Secretary	Chairman / Vice Chairman

Section B

	LIVE OAK LAKE		
	COMMUNITY DEVELOPMENT DISTRICT		

GENERAL FUND	Check Run Summary February 19, 2026		
Date	Check Numbers	Amount	
01/29/26	782-789	$56,805.06	
02/11/26	790-796	$62,676.85	
AUTOPAY:			
02/04/26	8013-8015	$13,389.19	
Total		$132,871.10	

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	2/11/26	PAGE	13
*** CHECK DATES 01/09/2026 - 02/11/2026 ***	LIVE OAK LAKES-GENERAL FUND
BANK B LOL-GENERAL FUND
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
1/29/26 00045 12/01/25 182207	202512 320-53800-46200	*	21,700.00
LANDSCAPE MAINT 12/25
1/01/26 187019	202601 320-53800-46200	*	22,134.67
LANDSCAPE MAINT 01/26
BLADE RUNNERS COMMERICAL	43,834.67 000782
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/29/26 00036	1/15/26 00103865 202601 320-53800-46801	*	1,295.27
SVCS 01/26
CLARKE ENVIRONMENTAL MOSQUITO	1,295.27 000783
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/29/26 00040	1/27/26 5	202601 310-51300-31300	*	100.00
AMORTIZATION SCHEDULE
DISCLOSURE SERVICES LLC	100.00 000784
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/29/26 00010	1/13/26 91374319 202601 310-51300-42000	*	111.25
DELIVERY THRU 01/07/26
1/20/26 91468298 202601 310-51300-42000	*	80.04

-	-	-	-	-	-	-	-	-	-	-	-	-	- -	-	-	-	-	-	- - - - -	-	191.29
- - - -	000785
- - -	
													*						1,447.08				

DELIVERY THRU 01/09/26
FEDEX

1/29/26 00001	1/01/26	
	1/01/26	
	1/01/26	
	1/01/26	
	1/01/26	
	1/01/26	
	1/01/26	

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
176	202601 320-53800-34000

	*	3,647.92		
	*	105.00			
	*	162.25			
	*	450.67			
	*	.33			
		*	8.17			

FIELD MGMT 01/26
177	202601 310-51300-34000
MGMT FEE 01/26
177	202601 310-51300-35101
WEBSITE ADMIN 01/26
177	202601 310-51300-35101
INFO TECH 01/26
177	202601 310-51300-31300
DISSEMINATION AGENT SVCS
177	202601 310-51300-51000
OFFICE SUPPLIES 01/26
177	202601 310-51300-42000
POSTAGE 01/26
GMS-CENTRAL FLORIDA, LLC	5,821.42 000786
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/29/26 00018	1/09/26 13099678 202601 310-51300-48000	*	189.42
NOTICE OF PUBLIC MEETING
ORLANDO SENTINEL	189.42 000787
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/29/26 00032	1/15/26 PSI23363 202601 320-53800-46800	*	792.99
SVCS/REPAIRS 01/26
SOLITUDE LAKE MANAGEMENT	792.99 000788
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/29/26 00046	1/16/26 SA-19153 202601 320-53800-46801	*	4,580.00 MIDGE FLY TREATMENTS
STEADFAST CONTRACTORS ALLIANCE LLC	4,580.00 000789
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
LOKS LIVE OAK LAKES SHENNING

AP300R
*** CHECK DATES	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER
BANK B LOL-GENERAL FUND		RUN	2/11/26	PAGE	14	
CHECK	VEND# DATE	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS		AMOUNT	....CHECK..... AMOUNT	#	
2/11/26 00045	2/01/26 189581	202602 320-53800-46200	*
BLADE RUNNERS COMMERICAL		22,134.67	
22,134.67 000790	
- - - - - - - - 2/11/26 00036	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/28/26 00103868 202601 320-53800-46801	*
2/04/26 00103869 202602 320-53800-46801	*	-	- - - - - - -

400.00	- - - - - - - -	
	BIOMIST 4+4 ATV/ULV
CLARKE ENVIRONMENTAL MOSQUITO			800.00 000791	
- - - - - - - - 2/11/26 00010	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/27/26 91556923 202601 310-51300-42000	*
FEDEX	-	- - - - - - -	- - - - - - - -

55.91 000792	
- - - - - - - - 2/11/26 00033	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/29/26 3690605	202512 310-51300-31500	*
KUTAK ROCK LLP	-	- - - - - - -	- - - - - - - -

383.00 000793	
- - - - - - - - 2/11/26 00004	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/11/26 021126	202602 300-20700-10000	*
LIVE OAK LAKE CDD	-	- - - - - - -	- - - - - - - -

22,950.10 000794	
- - - - - - - - 2/11/26 00039	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/11/26 021126	202602 300-20700-10000	*
LIVE OAK LAKE CDD	-	- - - - - - -	- - - - - - - -

10,962.36 000795	
- - - - - - - - 2/11/26 00032	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/01/26 PSI23615 202602 320-53800-46800	*
2/02/26 PSI23960 202602 320-53800-46800	*	-	- - - - - - -

3,017.22	- - - - - - - -	
	2/02/26 PSI23962 202602 320-53800-46810	*
SOLITUDE LAKE MANAGEMENT		899.59	
5,390.81 000796	
- - - - - - - -	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	-	- - - - - - -	- - - - - - - -	
	TOTAL FOR BANK B		119,481.91		

01/09/2026 - 02/11/2026 ***	LIVE OAK LAKES-GENERAL FUND

FEB 26 LANDSCAPE MAINT.

BIOMIST 4+4 ATV/ULV

400.00

DELIVERIES THRU 01/27/26

55.91

LEGAL FEES THRU 12/31/25

383.00

TRANSFER TAX RECEIPTS

22,950.10

TRANSFER TAX RECEIPTS

10,962.36

FEB 26 LAKE MAINTENANCE FEB 26 LAKE MAINTENANCE FEB 26 FOUNTAINT MAINT.

1,474.00

LOKS LIVE OAK LAKES SHENNING

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	2/11/26	PAGE	15
*** CHECK DATES 01/09/2026 - 02/11/2026 ***	LIVE OAK LAKES-GENERAL FUND
BANK Z LOL-GENERAL FUND ACH
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
2/04/26 00035	1/12/26 02232634 202601 320-53800-43001	*	3,923.58
SVCS THRU 01/08/26
1/12/26 02232634 202601 320-53800-43000	*	28.71
SVCS THRU 01/08/26
1/12/26 02232634 202601 320-53800-43000	*	28.86
SVCS THRU 01/08/26
ORLANDO UTILITIES COMMISSION	3,981.15 008013
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/04/26 00037	1/21/26 62619 01 202601 320-53800-43100	*	9,347.37
SVCS THRU 01/12/26
TOHO WATER AUTHORITY	9,347.37 008014
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/04/26 00037	1/21/26 62746 01 202601 320-53800-43100	*	60.67
SVCS THRU 01/12/26
TOHO WATER AUTHORITY	60.67 008015
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
TOTAL FOR BANK Z	13,389.19
TOTAL FOR REGISTER	132,871.10

LOKS LIVE OAK LAKES SHENNING

LIVE OAK LAKE
COMMUNITY DEVELOPMENT DISTRICT
Special Assessment Receipts Fiscal Year 2026

ASSESSMENTS - TAX COLLECTOR									$730,255.29
FY 2026
.36300.10000	$1,013,900.00
FY 2026
.36300.10000	$484,300.00
FY 2026
.36300.10000	$2,228,455.29
TOTAL	
									32.77%	45.50%	21.73%	100.00%	
DATE	DESCRIPTION	GROSS AMOUNT	DISCOUNTS/PENALTIES	COMMISSIONS		INTEREST	NET RECEIPTS		O&M Portion	16 DSF Portion	20 DSF Portion	Total	

11/14/25	
INSTALLMENTS	
$18,369.18	
$928.88	
$348.81		
$0.00	
$17,091.49		
$5,600.81	
$7,776.27	
$3,714.42	
$17,091.49	
11/21/25	CURRENT DISTRIBUTION	$234,782.18	$9,391.10	$4,507.81		$0.00	$220,883.27		$72,382.51	$100,497.21	$48,003.55	$220,883.27	
12/11/25	CURRENT DISTRIBUTION	$1,743,586.96	$69,744.01	$33,476.86		$0.00	$1,640,366.09		$537,540.97	$746,331.86	$356,493.26	$1,640,366.09	
12/19/25	CURRENT DISTRIBUTION	$117,085.01	$4,501.88	$2,251.67		$0.00	$110,331.46		$36,155.15	$50,198.48	$23,977.83	$110,331.46	
01/12/26	INSTALLMENTS	$9,295.00	$268.51	$180.51		$0.00	$8,845.98		$2,898.79	$4,024.73	$1,922.46	$8,845.98	
01/12/26	CURRENT DISTRIBUTION	$22,829.57	$684.88	$442.91		$0.00	$21,701.78		$7,111.58	$9,873.85	$4,716.35	$21,701.78	
01/30/26	INTEREST	$0.00	$0.00	$0.00		$1,473.84	$1,473.84		$482.97	$670.57	$320.30	$1,473.84	
	TOTAL	$2,145,947.90	$85,519.26	$41,208.57		$1,473.84	$2,020,693.91		$662,172.77	$919,372.97	$439,148.17	$2,020,693.91	

												GROSS
96.30%	

ASSESSMENTS-DIRECT						$296,858.99
FY 2026
.36300.10100	$568,825.00
FY2026
.36300.10100		$865,683.99
TOTAL				
						34.29%	65.71%						
	DATE	BILLED AMOUNT	AMOUNT RECEIVED	NET RECEIPTS		O&M	DSF Portion		Total				

CK#95036408 PULTE GROUP	
10/15/25	
$26,120.30	
$26,120.30	
$26,120.30		
$26,120.30	
$0.00		
$26,120.30				
CK#5512 NLV 2026-01	10/24/25	$68,755.84	$68,755.84	$68,755.84		$68,755.84	$0.00		$68,755.84				
CK#95037898 PULTE GROUP	12/22/25	$25,352.05	$25,352.05	$25,352.05		$25,352.05	$0.00		$25,352.05				
CK#5536 NLV 2026-01 (2)	12/17/25	$66,733.61	$66,733.61	$66,733.61		$66,733.61	$0.00		$66,733.61				
	TOTAL	$186,961.80	$186,961.80	$186,961.80		$186,961.80	$0.00		$186,961.80				

ASSESSMENTS COMBINED		
	GROSS AMOUNT ASSESSED	TAX COLLECTOR RECEIVED	DIRECT RECEIVED	
TOTAL COLLECTED	NET PERCENTAGE COLLECTED	
O & M	$1,027,114.28	$662,172.77	$186,961.80	$849,134.57	82.67%	
DEBT SERVICE	$2,067,025.00	$919,372.97	$0.00	$919,372.97	44.48%	
TOTAL	$3,094,139.28	$1,581,545.74	$186,961.80	$1,768,507.54		

Page 16

Section IV

AGREEMENT FOR UNDERWRITING SERVICES
LIVE OAK LAKE COMMUNITY DEVELOPMENT DISTRICT

February 19, 2026 Board of Supervisors
Live Oak Lake Community Development District Dear Supervisors:
MBS Capital Markets, LLC (the "Underwriter") offers to enter into this agreement (the “Agreement”) with the Live Oak Lake Community Development District (the “District”) which, upon your acceptance of this offer, will be binding upon the District and the Underwriter. This agreement relates to the proposed issuance of bonds (the “Bonds”) for the purpose of refunding the District’s outstanding bonds (the “Prior Bonds”). This Agreement will cover the engagement for the Bonds and will be supplemented for future bond issuances as may be applicable.

Scope of Services: MBS intends to serve as the underwriter, and not as a financial advisor or municipal advisor, in connection with the issuance of the Bonds. The scope of services to be provided in a non-fiduciary capacity by the Underwriter for this transaction will include those listed below.
Advice regarding the structure, timing, terms, and other similar matters concerning the particular municipal securities described above.
Preparation of rating strategies and presentations related to the issue being underwritten.
Preparations for and assistance with investor “road shows,” if any, and investor discussions related to the issue being underwritten.
Advice regarding retail order periods and institutional marketing if the District decides to engage in a negotiated sale.
Assistance in the preparation of the Preliminary Official Statement, if any, and the Final Official Statement.
Assistance with the closing of the issue, including negotiation and discussion with respect to all documents, certificates, and opinions needed for the closing.
Coordination with respect to obtaining CUSIP numbers and the registration with the Depository Trust Company.
Preparation of post-sale reports for the issue, if any.
Structuring	of	refunding	escrow	cash	flow	requirements,	but	not	the recommendation of and brokerage of particular municipal escrow investments.

Member: FINRA/SIPC
Tampa, FL Winter Park, FL Kingston, TN Nashville, TN

Fees: The Underwriter will be responsible for its own out-of-pocket expenses other than the fees and disbursements of underwriter’s or disclosure counsel which fees shall be paid from the proceeds of the Bonds. Any fees payable to the Underwriter will be contingent upon the successful sale and delivery or placement of the Bonds. The underwriting fee for the sale or placement of the Bonds will be the greater of $50,000 or 1.50% of the total par amount of Bonds issued.

The Underwriter shall also bear the cost of obtaining an investment grade rating, to the extent applicable, with the actual cost of the rating to be paid from the proceeds of the Bonds only to the extent Bonds are issued.

Termination: Both the District and the Underwriter will have the right to terminate this Agreement without cause upon written notice to the non-terminating party.

Purchase Contract: At or before such time as the District gives its final authorization for the Bonds, the Underwriter and its counsel will deliver to the District a purchase or placement contract (the “Purchase Contract”) detailing the terms of the Bonds.

Notice of Meetings: The District shall provide timely notice to the Underwriter for all regular and special meetings of the District. The District will provide, in writing, to the Underwriter, at least one week prior to any meeting, except in the case of an emergency meeting for which the notice time shall be the same as that required by law for the meeting itself, of matters and items for which it desires the Underwriter's input.

Disclosures Concerning the Underwriter’s Role Required by MSRB Rule G-17. The Municipal Securities Rulemaking Board’s Rule G-17 requires underwriters to make certain disclosures to issuers in connection with the issuance of municipal securities. Those disclosures are attached hereto as “Exhibit A.” By execution of this Agreement, you are acknowledging receipt of the same. If you or any other Issuer officials have any questions or concerns about these disclosures, please make those questions or concerns known immediately to the undersigned. In addition, you should consult with the Issuer’s own financial and/or municipal, legal, accounting, tax and other advisors, as applicable, to the extent you deem appropriate. It is our understanding that you have the authority to bind the Issuer by contract with us, and that you are not a party to any conflict of interest relating to the subject transaction. If our understanding is incorrect, please notify the undersigned immediately.

This Agreement shall be effective upon your acceptance hereof and shall remain effective until such time as the Agreement has been terminated in accordance with Section 3 hereof.

We are required to seek your acknowledgement that you have received the disclosures referenced herein and attached hereto as Exhibit A. By execution of this agreement, you are acknowledging receipt of the same.

Sincerely,
MBS Capital Markets, LLC

Brett Sealy Managing Partner

Approved and Accepted By:		
Title:		
Date:		

EXHIBIT A

Disclosures Concerning the Underwriter’s Role

MSRB Rule G-17 requires an underwriter to deal fairly at all times with both municipal issuers and investors.

The underwriter’s primary role is to purchase the Bonds with a view to distribution in an arm’s-length commercial transaction with the Issuer. The underwriters has financial and other interests that differ from those of the District.

Unlike a municipal advisor, the underwriter does not have a fiduciary duty to the District under the federal securities laws and are, therefore, is required by federal law to act in the best interests of the District without regard to their own financial or other interests.

The underwriter has a duty to purchase the Bonds from the Issuer at a fair and reasonable price but must balance that duty with their duty to sell the Bonds to investors at prices that are fair and reasonable.

The underwriter will review the official statement for the Bonds in accordance with, and as part of, its respective responsibilities to investors under the federal securities laws, as applied to the facts and circumstances of this transaction.

Disclosure Concerning the Underwriter’s Compensation

The underwriter will be compensated by a fee and/or an underwriting discount that will be set forth in the bond purchase agreement to be negotiated and entered into in connection with the issuance of the Bonds. Payment or receipt of the underwriting fee or discount will be contingent on the closing of the transaction and the amount of the fee or discount may be based, in whole or in part, on a percentage of the principal amount of the Bonds. While this form of compensation is customary in the municipal securities market, it presents a conflict of interest since the underwriter may have an incentive to recommend to the District a transaction that is unnecessary or to recommend that the size of the transaction be larger than is necessary.

Conflicts of Interest
The Underwriter has not identified any additional potential or actual material conflicts that require disclosure including those listed below.
Payments to or from Third Parties. There are no undisclosed payments, values, or credits to be received by the Underwriter in connection with its underwriting of this new issue from parties other than the District, and there are no undisclosed payments to be made by the Underwriter in connection with this

new issue to parties other than the District (in either case including payments, values, or credits that relate directly or indirectly to collateral transactions integrally related to the issue being underwritten). In addition, there are no third-party arrangements for the marketing of the District’s securities.

Profit-Sharing with Investors. There are no arrangements between the Underwriter and an investor purchasing new issue securities from the Underwriter (including purchases that are contingent upon the delivery by the District to the Underwriter of the securities) according to which profits realized from the resale by such investor of the securities are directly or indirectly split or otherwise shared with the Underwriter.

Credit Default Swaps. There will be no issuance or purchase by the Underwriter of credit default swaps for which the reference is the District for which the Underwriter is serving as underwriter, or an obligation of that District.

Retail Order Periods. For new issues in which there is a retail order period, the Underwriter will honor such agreement to provide the retail order period. No allocation of securities in a manner that is inconsistent with a District’s requirements will be made without the District’s consent. In addition, when the Underwriter has agreed to underwrite a transaction with a retail order period, it will take reasonable measures to ensure that retail clients are bona fide.

Dealer Payments to District Personnel. Reimbursements, if any, made to personnel of the District will be made in compliance with MSRB Rule G-20, on gifts, gratuities, and non-cash compensation, and Rule G-17, in connection with certain payments made to, and expenses reimbursed for, District personnel during the municipal bond issuance process.

Disclosures Concerning Complex Municipal Securities Financing

Since the Underwriter has not recommended a “complex municipal securities financing” to the Issuer, additional disclosures regarding the financing structure for the Bonds are not required under MSRB Rule G-17.

Section V

Section C

Section 1

Live Oak Lake CDD
Field Management Report

Roundabout Pressure Washing

Photo Description:
Gathering proposal for pressure washing of CDD sidewalks and curbs.

Littoral Plant Installation

Photo Description:
Scheduling plant installation in the next 30 days now that weather conditions have improved.

1

Live Oak Lake CDD | Jarett Wright Senior Field Manager | jwright@gmscfl.com |407-750-3599

2

Tennis Court Fountain

Photo Description:
The pump motor warranty replacement was completed, and the fountain is fully operational again.

Pond Bank Erosion

Photo Description:
Gathering proposals to fill in erosion areas on ponds 15 and 18.

Live Oak Lake CDD | Jarett Wright Senior Field Manager | jwright@gmscfl.com |407-750-3599

Plant Freeze Damage

Photo Description:
Inventorying frost damaged plant material and monitoring for potential regrowth.
Any plants that do not recover through the spring will be identified for replacement.

3

Live Oak Lake CDD | Jarett Wright Senior Field Manager | jwright@gmscfl.com |407-750-3599

Daily Log Print	https://buildertrend.net/app/DailyLog/Print?filters={%229%22:%2284...

Printed: Feb 10, 2026
30435 Commerce Drive Unit 102, San Antonio, FL 33576
Phone: 844-347-0702
Fax: 813-501-1432

Daily Logs List

Feb �, ����
Job:	SE1712 Skeeter Midge Treatment RFP
Title:
Added By:	Nicholes Holler
Log Notes:
Skeeter treatment dispersed at ponds:2,3,4,5,6,9,10,13,14,15,16,17,19,20,22.
Weather Conditions:
Sunny	Sat, Feb 7, 2026, 10:44 AM

67°F
45°F
Attachments:	23

Wind: 11 mph
Humidity: 95%
Total Precip: 0"

1 of 1	2/10/2026, 2:09 PM

    

Run By: kissasst

All Services By Customer Summary

Page 1 of 1
Monday, February 2, 2026
8:28:22 AM

Live Oak Lakes CDD (L02250)	Filter Date between 01/01/2026 and 01/31/2026

Customer	Work Type	Service Item	Service Item Description	Start Date	End Date	Used Quantity	Unit Of Measure	

L02250 - Live Oak Lakes CDD	

Comfort Pack	

KIS2911 - BP Barrier		

01/08/2026	

01/08/2026	

1.56	

mi	
L02250 - Live Oak Lakes CDD	Comfort Pack	KIS2911 - BP Barrier		01/13/2026	01/13/2026	1.64	mi	

L02250 - Live Oak Lakes CDD	
Municipal Back Pack	
KIS1768 - Nat G30 10 lbs per acre		
01/27/2026	
01/27/2026	
3.43	
acr	

L02250 - Live Oak Lakes CDD	
Night Truck	
KIS2715 - Biomist 4+4 ATV/ULV		
01/08/2026	
01/08/2026	
1.70	
mi	
L02250 - Live Oak Lakes CDD	Night Truck	KIS2827 - Biomist 4+4 Truck ULV		01/13/2026	01/13/2026	3.20	mi	
L02250 - Live Oak Lakes CDD	Night Truck	KIS2715 - Biomist 4+4 ATV/ULV		01/20/2026	01/20/2026	2.30	mi	
L02250 - Live Oak Lakes CDD	Night Truck	KIS2715 - Biomist 4+4 ATV/ULV		01/26/2026	01/26/2026	2.80	mi	

1/1

2/2/2026 8:28:22 AM

Section 2

Steadfast Alliance Suite 102
San Antonio FL 33576 US

ESTIMATE
DATE	DUE	ESTIMATE #
2/10/2026	3/12/2026

BILL TO
Governmental Management Services
Jarett Wright

DESCRIPTION	QTY	RATE	AMOUNT

219 East Livingston Street Orlando FL 32801 USA

Midge fly treatments on lakes 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18,
19, 20, 21, 22, 23 at Live Oak Lake CDD.

Technician will apply SKEETER to listed ponds nine times per year, once per month, per label rate. For the months March-November. 25-30 day efficacy.

Estimated 72 AC.
Est. Timeframe: 1 day per event. To be billed per event.

SHIP TO
49231 Twin Lakes Boulevard St. Cloud FL 34772 USA

9.00	6,579.00	59,211.00

I HEREBY CERTIFY that I am the Client/Owner of record of the property which is the subject of this proposal and hereby authorize the performance of the services as described herein and agree to pay
the charges resulting thereby as identified above. I warrant and represent that I am authorized to enter into this Agreement as Client/Owner.

TOTAL	59,211.00

Accepted this 	day of 	, 20	.
Signature: 	
Printed Name and Title: 	
Representing (Name of Firm): 	

Section D

Section 1

Live Oak Lake
Community Development District

Unaudited Financial Reporting
January 31, 2026

	Table of Contents	

1

2-3

4

5

6

7

8

9-10

11

12-15

	Balance Sheet

	General Fund

	Impact Fee Fund

	Debt Service Fund Series 2016

	Debt Service Fund Series 2020

	Capital Projects Fund Series 2016

	Capital Projects Fund Series 2020

	Month to Month

	Long Term Debt Report

	Check Run Summary

16		Assessment Receipt Schedule

Live Oak Lake
Community Development District Combined Balance Sheet
January 31, 2026

	General		Impact Fee		Debt Service	Capital Projects		Totals	
	Fund		Fund		Fund		Fund		Governmental Funds	
Assets:											
Cash:											
Operating Account	$	744,073	$	104,541	$	-	$	-	$	848,615	
Due from Impact Fee Fund	$	42,802	$	-	$	-	$	-	$	42,802	
Due from General Fund	$	-	$	-	$	31,696	$	-	$	31,696	
Deposits	$	480	$	-	$	-	$	-	$	480	
Investments:											
Bank United	$	19,013	$	-	$	-	$	-	$	19,013	
Series 2016											
Reserve	$	-	$	-	$	476,288	$	-	$	476,288	
Revenue	$	-	$	-	$	1,183,590	$	-	$	1,183,590	
Construction	$	-	$	-	$	-	$	53	$	53	
Series 2020											
Reserve	$	-	$	-	$	989,370	$	-	$	989,370	
Revenue	$	-	$	-	$	619,462	$	-	$	619,462	
Prepayment	$	-	$	-	$	14,544	$	-	$	14,544	
Construction	$	-	$	-	$	-	$	89	$	89	
Total Assets	$	806,368	$	104,541	$	3,314,950	$	142	$	4,226,001	
Liabilities:											
Accounts Payable	$	14,228	$	-	$	-	$	-	$	14,228	
Due to Debt Service	$	31,696	$	-	$	-	$	-	$	31,696	
Due to General Fund	$	-	$	42,802	$	-	$	-	$	42,802	
Total Liabilites	$	45,924.44	$	42,802	$	-	$	-	$	88,726	
Fund Balance:											
Nonspendable:											
Prepaid Items	$	480	$	-	$	-	$	-	$	480	
Restricted for:											
Impact Fee	$	-	$	61,740	$	-	$	-	$	61,740	
Debt Service - Series 2016	$	-	$	-	$	1,684,615	$	-	$	1,684,615	
Debt Service - Series 2020	$	-	$	-	$	1,630,335	$	-	$	1,630,335	
Capital Projects - Series 2020	$	-	$	-	$	-	$	89	$	89	
Unassigned	$	759,963	$	-	$	-	$	-	$	759,963	
Total Fund Balances	$	760,443	$	61,740	$	3,314,950	$	142	$	4,137,275	
											
Total Liabilities & Fund Balance	$	806,368	$	104,541	$	3,314,950	$	142	$	4,226,001	

Revenues:		
Assessments - Tax Collector (Net)	$	686,439	$	662,173	$	662,173	$	-	
Direct Assessment - Pulte	$	76,824	$	51,472	$	51,472	$	-	
Direct Assessment - NLV	$	202,223	$	135,489	$	135,489	$	-	
Interest Income	$	-	$	-	$	225	$	225	
Total Revenues	$	965,487	$	849,135	$	849,360	$	225	
Expenditures:									
General & Administrative:									
Supervisor Fees	$	12,000	$	4,000	$	1,600	$	2,400	
FICA Expense	$	918	$	306	$	122	$	184	
Engineering	$	15,000	$	5,000	$	670	$	4,330	
Dissemination	$	5,408	$	1,803	$	1,803	$	(0)	
Dissemination-Amortization Schedules	$	-	$	-	$	200	$	(200)	
Assessment Roll	$	5,408	$	5,408	$	5,408	$	(1)	
Property Appraiser	$	600	$	200	$	-	$	200	
Arbitrage	$	1,150	$	383	$	-	$	383	
Attorney	$	25,000	$	8,333	$	1,314	$	7,019	
Annual Audit	$	5,300	$	1,767	$	-	$	1,767	
Trustee Fees	$	8,869	$	8,869	$	8,485	$	383	
Management Fees	$	43,775	$	14,592	$	14,592	$	(0)	
Information Technology	$	1,947	$	649	$	649	$	(0)	
Postage	$	1,450	$	483	$	822	$	(338)	
Copies	$	250	$	83	$	2	$	82	
Rentals and Leases	$	3,600	$	1,200	$	401	$	799	
Insurance	$	7,814	$	7,814	$	6,893	$	921	
Legal Advertising	$	2,500	$	833	$	454	$	379	
Other Current Charges	$	350	$	117	$	-	$	117	
Office Supplies	$	100	$	33	$	1	$	32	
Dues, Licenses & Subscriptions	$	175	$	175	$	175	$	-	
Website Hosting/Compliance	$	1,260	$	420	$	420	$	-	
Total General & Administrative	$	142,872	$	62,468	$	44,010	$	18,457	

Operations & Maintenance		
Field Expenditures
Field Management	
$	17,365	
$	5,788	
$	5,788	
$	(0)	
Property Insurance	$	4,374	$	4,374	$	3,764	$	610	
Aquatic Control	$	55,000	$	18,333	$	18,642	$	(308)	
Mitigation Maintenance	$	-	$	-	$	-	$	-	
Midge Management	$	105,000	$	35,000	$	29,243	$	5,757	
Contingency	$	29,384	$	9,795	$	-	$	9,795	
Landscape Maintenance	$	282,000	$	94,000	$	87,235	$	6,765	
Landscaping Replacements	$	50,000	$	16,667	$	-	$	16,667	
Pond Fountain Maintenance	$	15,000	$	5,000	$	890	$	4,110	
Irrigation Consultant Services	$	6,000	$	2,000	$	-	$	2,000	
Irrigation Repairs	$	15,000	$	5,000	$	9,718	$	(4,718)	
General Repairs and Maintenance	$	15,000	$	5,000	$	-	$	5,000	
Electricity-Street Lights	$	50,892	$	16,964	$	15,565	$	1,399	
Electricity-Fountains	$	57,600	$	19,200	$	230	$	18,970	
Water-Irrigation	$	100,000	$	33,333	$	41,774	$	(8,441)	
Capital Reserve	$	20,000	$	6,667	$	-	$	6,667	
Subtotal Field Expenditures	$	822,614	$	277,121	$	212,850	$	64,271	
					
Total Operations & Maintenance	$	822,614	$	277,121	$	212,850	$	64,271	
					
Total Expenditures	$	965,487	$	339,588	$	256,860	$	82,728	
					
Excess (Deficiency) of Revenues over Expenditures	$	-		$	592,500		
					
Net Change in Fund Balance	$	-		$	592,500		
					
Fund Balance - Beginning	$	-		$	167,944		
					
Fund Balance - Ending	$	-		$	760,443		

Revenues:		
Impact Fees	$	-	$	-	$	-	$	-	
Interest	$	-	$	-	$	-	$	-	
Total Revenues	$	-	$	-	$	-	$	-	
Expenditures:				
Stormwater	$	-	$	-	$	-	$	-	
Total Expenditures	$	-	$	-	$	-	$	-	
				
Excess (Deficiency) of Revenues over Expenditures	$	-	$	-		
				
Net Change in Fund Balance	$	-	$	-		
				
Fund Balance - Beginning	$	-	$	61,740		
				
Fund Balance - Ending	$	-	$	61,740		

Revenues:		
Assessments - Tax Roll	$	954,030	$	919,373	$	919,373	$	-	
Interest	$	5,000	$	1,667	$	8,520	$	6,853	
Total Revenues	$	959,030	$	921,040	$	927,893	$	6,853	
Expenditures:					
Interest - 11/1	$	300,994	$	300,994	$	300,994	$	-	
Special Call - 11/1	$	-	$	-	$	15,000	$	(15,000)	
Principal - 5/1	$	355,000	$	-	$	-	$	-	
Interest - 5/1	$	300,994	$	-	$	-	$	-	
Total Expenditures	$	956,988	$	300,994	$	315,994	$	(15,000)	
					
Excess (Deficiency) of Revenues over Expenditures	$	2,042		$	611,899		
					
Net Change in Fund Balance	$	2,042		$	611,899		
					
Fund Balance - Beginning	$	576,849		$ 1,072,716		
					
Fund Balance - Ending	$	578,891		$ 1,684,615		

	Adopted	Prorated Budget		Actual		
		Budget	Thru 01/31/26	Thru 01/31/26		Variance	
Revenues:									
Assessments - Tax Roll	$	143,562	$	439,148	$	439,148	$	-	
Assessments - Direct	$	846,376	$	-	$	-	$	-	
Assessments - Ppmt	$	-	$	14,361	$	14,361	$	-	
Interest	$	5,000	$	1,667	$	12,003	$	10,337	
Total Revenues	$	994,938	$	455,175	$	465,512	$	10,337	
Expenditures:									
Interest - 11/1	$	335,050	$	335,050	$	335,050	$	-	
Principal - 5/1	$	325,000	$	-	$	-	$	-	
Interest - 5/1	$	335,050	$	-	$	-	$	-	
Total Expenditures	$	995,100	$	335,050	$	335,050	$	-	
									
Excess (Deficiency) of Revenues over Expendit	$	(163)			$	130,462			
Other Financing Sources/(Uses):									
Transfer In/(Out)	$	-	$	-	$	1	$	1	
Total Other Financing Sources/(Uses)	$	-	$	-	$	1	$	1	
									
Net Change in Fund Balance	$	(163)			$	130,463			
									
Fund Balance - Beginning	$	505,154			$	1,499,872			
									
Fund Balance - Ending	$	504,991			$	1,630,335			

Adopted	Prorated Budget	Actual	
Budget	Thru 01/31/26	Thru 01/31/26	Variance	

Revenues
Interest	

$	-	$	

-	$	0	

$	0	
Total Revenues	$	-	$	-	$	0	$	0	
Expenditures:
Capital Outlay	

$	-	$	

-	$	-	

$	-	
Total Expenditures	$	-	$	-	$	-	$	-	
				
Excess (Deficiency) of Revenues over Expenditures	$	-	$	0		
Other Financing Sources/(Uses)
Transfer In/(Out)	

$	-	$	

-	$	-	

$	-	
Total Other Financing Sources (Uses)	$	-	$	-	$	-	$	-	
				
Net Change in Fund Balance	$	-	$	0		
				
Fund Balance - Beginning	$	-	$	52		
				
Fund Balance - Ending	$	-	$	53		

	Adopted	Prorated Budget	Actual		
	Budget	Thru 01/31/26	Thru 01/31/26	Variance	
Revenues
Interest	

$	-	$	-	$	1	

$	1	
Total Revenues	$	-	$	-	$	1	$	1	
Expenditures:
Capital Outlay	

$	-	$	-	$	-	

$	-	
Total Expenditures	$	-	$	-	$	-	$	-	
			
Excess (Deficiency) of Revenues over Expenditures	$	-	$	1		
Other Financing Sources/(Uses)
Transfer In/(Out)	

$	-	$	-	$	(1)	

$	(1)	
Total Other Financing Sources (Uses)	$	-	$	-	$	(1)	$	(1)	
			
Net Change in Fund Balance	$	-	$	(0)		
			
Fund Balance - Beginning	$	-	$	89		
			
Fund Balance - Ending	$	-	$	89		

Oct-25	Nov-25	Dec-25	Jan-26	Feb-26	Mar-26	Apr-26	May-26	Jun-26	Jul-26	Aug-26	Sep-26	Total	
Revenues:
Assessments - Tax Collector (Net)	$	-	$	77,983  $  573,696  $	10,493	

$	-	

$	-	

$	-	

$	-	

$	-	

$	-	

$	-	

$	-	

$  662,173	
Direct Assessment - Pulte	$	26,120  $	-	$	-	$	25,352	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	51,472	
Direct Assessment - NLV	$	68,756  $	-	$	-	$	66,734	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$  135,489	
Interest Income	$	59  $	56  $	55  $	55	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	225	

Total Revenues	$	94,936	$	78,039	$  573,752	$  102,634	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $  849,360	
Expenditures:						
General & Administrative:						
Supervisor Fees	$	-	$	800	$	-	$	800	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	1,600	
FICA Expense	$	-	$	61	$	-	$	61	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	122	
Engineering	$	670	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	670	
Dissemination	$	451	$	451	$	451	$	451	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	1,803	
Dissemination-Amortization Schedules	$	100	$	-	$	-	$	100	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	200	
Assessment Roll	$	5,408	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	5,408	
Property Appraiser	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-	
Arbitrage	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-	
Attorney	$	931	$	-	$	383	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	1,314	
Annual Audit	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-	
Trustee Fees	$	4,041	$	4,445	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	8,485	
Management Fees	$	3,648	$	3,648	$	3,648	$	3,648	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	14,592	
Information Technology	$	162	$	162	$	162	$	162	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	649	
Postage	$	101	$	91	$	375	$	255	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	822	
Copies	$	2	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	2	
Rentals and Leases	$	-	$	-	$	401	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	401	
Insurance	$	6,893	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	6,893	
Legal Advertising	$	-	$	264	$	-	$	189	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	454	
Other Current Charges	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-	
Office Supplies	$	0	$	0	$	-	$	0	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	1	
Dues, Licenses & Subscriptions	$	175	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	175	
Website Hosting/Compliance	$	105	$	105	$	105	$	105	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	420	
Total Administrative	$	22,687	$	10,027	$	5,524	$	5,772	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	44,010	

Oct-25	Nov-25	Dec-25	Jan-26	Feb-26	Mar-26	Apr-26	May-26	Jun-26	Jul-26	Aug-26	Sep-26	Total

Operations & Maintenance
Field Expenditures Field Management Property Insurance Aquatic Control Mitigation Maintenance Midge Management Contingency
Landscape Maintenance Landscaping Replacements Pond Fountain Maintenance Irrigation Consultant Services Irrigation Repairs
General Repairs and Maintenance Electricity-Street Lights
Electricity-Fountains Water-Irrigation Capital Reserve

$	1,447  $
$	3,764  $
$	4,375  $
$	-  $
$	3,529  $
$	-  $
$	21,700  $
$	-  $
$	-  $
$	-  $
$	9,718  $
$	-  $
$	3,873  $
$	58  $
$	9,012  $
$	-  $

1,447  $
-  $
4,491  $
-  $
4,580  $
-  $
21,700  $
-  $
890  $
-  $
-  $
-  $
3,902  $
58  $
11,978  $
-  $

1,447  $
-  $
4,491  $
-  $
14,859  $
-  $
21,700  $
-  $
-  $
-  $
-  $
-  $
3,866  $
57  $
11,376  $
-  $

1,447  $	-  $
-  $	-  $
5,284  $	-  $
-  $	-  $
6,275  $	-  $
-  $	-  $
22,135  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
3,924  $	-  $
58  $	-  $
9,408  $	-  $
-  $	-  $

-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $

-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $

-  $	5,788
-  $	3,764
-  $	18,642
-  $	-
-  $	29,243
-  $	-
-  $	87,235
-  $	-
-  $	890
-  $	-
-  $	9,718
-  $	-
-  $	15,565
-  $	230
-  $	41,774
-  $	-
$	-

Excess (Deficiency) of Revenues over Expenditures	$	14,772  $	18,966  $  510,431  $	48,331  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $  592,500

Total Expenditures	$	80,164  $	59,073  $	63,321  $	54,303  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $  256,860

Total Field	$	57,477  $	49,046  $	57,796  $	48,530  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $  212,850

LIVE OAK LAKE
COMMUNITY DEVELOPMENT DISTRICT
Long Term Debt Report FY 2026

Series 2016, Capital Improvement Revenue Bonds	

Interest Rate:	
4.50%		
Maturity Date:	5/1/36	$4,930,000.00	
Interest Rate:	4.625%		
Maturity Date:	5/1/47	$8,220,000.00	

Excess Revenues: Reserve Fund Definition:
Reserve Fund Requirement:	
Remain In Revenue Fund Maximum Annual Debt Assessments
$955,025.00		
Reserve Fund Balance:	$476,287.50		
Bonds outstanding - 9/30/2025		$13,150,000.00	
Less:	May 1, 2026 (Mandatory)	$0.00	
Less:	November 1, 2025 (Special Call)	($15,000.00)	
Current Bonds Outstanding		$13,135,000.00	
	
Series 2020, Capital Improvement Revenue Bonds	

Interest Rate:	
3.800%		
Maturity Date:	5/1/30	$1,745,000.00	
Interest Rate:	4.400%		
Maturity Date:	5/1/40	$4,810,000.00	
Interest Rate:	4.600%		
Maturity Date:	5/1/51	$8,525,000.00	

Excess Revenues: Reserve Fund Definition:
Reserve Fund Requirement:	
Remain In Revenue Fund Maximum Annual Debt Assessments
$989,553.13		
Reserve Fund Balance:	$989,370.00		

Bonds outstanding - 9/30/2025		
$15,080,000.00	
Less:	May 1, 2026 (Mandatory)	$0.00	
Current Bonds Outstanding		$15,080,000.00	

Total Current Bonds Outstanding	$28,215,000.00

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