Live Oak Lake
Community Development District Agenda
July 16, 2026

Agenda

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

July 9, 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, July 16, 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 June 18, 2026, Board of Supervisors Meeting
Approval of Check Register
Public Hearing
Consideration of Resolution 2026-07 Adopting the Fiscal Year 2027 Budget and Appropriating Funds
Consideration of Resolution 2026-08 Imposing Special Assessments and Certifying an Assessment Roll
Consideration of Resolution 2026-09 Resetting Public Hearing to Amend District Rules of Procedure
Staff Reports
Attorney
Engineer
Consideration of Work Authorization 2026-2
Field Manager’s Report
District Manager’s Report
Approval of Balance Sheet
Approval of Fiscal Year 2027 Meeting Schedule
District Goals and Objectives
Adoption of Fiscal Year 2027 Goals & Objectives
Review of Approved Fiscal Year 2026 Goals & Objectives Authorizing the Chair to Execute Final Form
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, June 18, 2026, at 2:01 p.m. at the Twin Lakes Clubhouse, 49231 Twin Lakes Blvd., St. Cloud, Florida.

Present and constituting a quorum:

Ned Bowman	Chairman
Linda Warner	Vice Chairman
Bob Holesko	Assistant Secretary
Andrea Stevens by Zoom	Assistant Secretary
Mel Gray Marshall by Zoom	Assistant Secretary Also present were:
Tricia Adams	District Manager, GMS
Sarah Sandy by Zoom	District Counsel, Kutak Rock
Nicole Stalder by Zoom	District Engineer
Jarrett Wright	Field Services Manager, GMS
Amanda Martineau	Assistant Property Manager

FIRST ORDER OF BUSINESS	Roll Call
Ms. Adams called the meeting to order. Three Board members were present in person constituting a quorum. Two Board members were present via Zoom.

SECOND ORDER OF BUSINESS	Public Comment Period
Several residents addressed the Board regarding landscaping maintenance, pond conditions, aquatic vegetation, fountain maintenance, mosquito and midge control, irrigation concerns, tree maintenance, sidewalk conditions, and overall community appearance. Questions were also raised regarding responsibility for maintaining certain areas within the community. Staff acknowledged the comments and advised that several of the topics would be addressed later in the meeting during staff reports. No Board action was taken during public comment.

June 18, 2026	Live Oak Lake CDD

THIRD ORDER OF BUSINESS	Consent Agenda
Approval of Minutes of the May 21, 2026, Board of Supervisors Meeting
Approval of Check Register
Ms. Adams presented the consent agenda which included the May 21, 2026, meeting minutes and the check register totaling $95,702.13. There were no questions or comments, and the motion passed unanimously.

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

FOURTH ORDER OF BUSINESS	Presentation of Fiscal Year 2025 Financial
Audit
Ms. Adams reviewed the Fiscal Year 2025 audit and noted it was a clean audit with no findings or recommendations. She explained that the District was in full compliance with state requirements.

On MOTION by Mr. Bowman, seconded by Mr. Holesko, with all in favor, Accepting the Fiscal Year 2025 Financial Audit, was approved.

FIFTH ORDER OF BUSINESS	Staff Reports
Attorney
Ms. Sandy said she didn't have any new updates but was available to discuss the property ownership and maintenance map later in the meeting. A Board member asked whether homeowners who helped pay for pond aerators would have any ownership rights or create issues with deeds or liens. The attorney explained that residents could donate funds to the District, but the District would need to purchase, own, install, and maintain the aerators because they would be on District property. She said it wouldn't be practical or appropriate for individual homeowners to own improvements located on District-owned land.

Engineer
Review of Property Ownership and Maintenance Map

June 18, 2026	Live Oak Lake CDD

Ms. Stalder reviewed the updated property ownership and maintenance map identifying CDD, HOA, and privately maintained areas. Discussion followed regarding maintenance responsibilities, road ownership, stormwater pond functions, fountain maintenance responsibilities, and opportunities to coordinate maintenance responsibilities with the HOA. Staff was directed to continue working with the HOA regarding future maintenance responsibilities.
Field Manager’s Report
Mr. Wright reviewed ongoing landscape replacement, aquatic maintenance, pond mowing, storm drain cleaning, and dissolved oxygen testing. Discussion followed regarding replacement of the failed pond fountain, future aerator installation, and additional landscaping improvements throughout the community. Three landscape enhancement proposals totaling approximately
$9,936 were presented for Board consideration.

On MOTION by Mr. Bowman, seconded by Ms. Warner, with all in favor, the Landscape Enhancement Proposals, NTE $9,936.18, were approved.

Consideration of Proposal for Pond #2 Fountain Replacement
The Board discussed alternatives for improving water quality and fountain operations, including possible aerator installation, algae treatment efforts, and relocation of an existing fountain. After discussion, the Board directed staff to continue monitoring water quality and tabled consideration of aerator installation until September. The Board approved relocating the existing fountain from Pond 4 to Pond 2 in lieu of purchasing a new fountain.

On MOTION by Ms. Warner, seconded by Mr. Bowman, with all in favor, the Fountain Relocation to Pond #2 was approved.

District Manager’s Report
Approval of Balance Sheet
Ms. Adams reviewed the May 31, 2026, unaudited financial statements for informational purposes.

SIXTH ORDER OF BUSINESS	Other Business
There being no comments, the next item followed.

June 18, 2026	Live Oak Lake CDD

SEVENTH ORDER OF BUSINESS	Supervisor’s Requests
There were no Supervisor’s 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 at 3:46 p.m.

Secretary / Assistant Secretary	Chairman / Vice Chairman

Section B

	LIVE OAK LAKE		
	COMMUNITY DEVELOPMENT DISTRICT		

GENERAL FUND	Check Run Summary July 16, 2026		
Date	Check Numbers	Amount	
06/17/26	838	$100.67	
06/18/26	839-842	$6,286.26	
07/08/26	843-848	$36,897.73	
AUTOPAY:			
07/08/26	8028-8030	$9,952.57	
Total		$53,237.23	

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	7/08/26	PAGE	13
*** CHECK DATES 06/11/2026 - 07/08/2026 ***	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	#
6/17/26 00001	5/01/26 190	202605 310-51300-35101	*	100.00
BALANCE WEB ADMIN 05/26
5/01/26 190	202605 310-51300-31300	*	.67
BALANCE DISSEMINATION
GMS-CENTRAL FLORIDA, LLC	100.67 000838
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
6/18/26 00010	5/26/26 93131158 202605 310-51300-42000	*	60.93
DELIVERY THRU 05/21/26
FEDEX	60.93 000839
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
6/18/26 00001	6/01/26 191	202606 320-53800-34000	*	1,447.08
FIELD MGMT 06/26
6/01/26 192	202606 310-51300-34000	*	3,647.92
MGMT FEE 06/26
6/01/26 192	202606 310-51300-35101	*	105.00
WEB ADMIN 06/26
6/01/26 192	202606 310-51300-35100	*	162.25
INFO TECH 06/26
6/01/26 192	202606 310-51300-31300	*	450.67
DISSEMINATION AGENT SVCS
6/01/26 192	202606 310-51300-51000	*	.45
OFFICE SUPPLIES 06/26
6/01/26 192	202606 310-51300-42000	*	11.15
POSTAGE 06/26
6/01/26 192	202606 310-51300-42000	*	2.85
POSTAGE 06/26
6/01/26 192	202606 310-51300-44000	*	200.00
MEETING ROOM 06/26
GMS-CENTRAL FLORIDA, LLC	6,027.37 000840
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
6/18/26 00018	5/31/26 139098	202605 310-51300-48000	*	187.96
NOTICE QUALIFYING PERIOD
ORLANDO SENTINEL	187.96 000841
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
6/18/26 00032 11/02/25 PSI21951 202511 320-53800-46810	*	10.00

	SOLITUDE LAKE MANAGEMENT														10.00	000842	
- - - - - - - -	- - - - - - - - -	- - - - - - - - - - - - - - - - - - - - - -	-	-	-	-	-	-	-	- -	-	-	-	-	- - - - - -	- - - - -	- - -	
7/08/26 00045	7/01/26 213731	202607 320-53800-46200								*					22,134.67			
	JULY 26	LANDSCAPE MAINT.																
		BLADE RUNNERS COMMERICAL														22,134.67	000843	
- - - - - - - -	- - - - - - - - -	- - - - - - - - - - - - - - - - - - - - - -	-	-	-	-	-	-	-	- -	-	-	-	-	- - - - - -	- - - - -	- - -	
7/08/26 00006	6/19/26 22493398	202605 310-51300-31100								*					4,237.50			
	SERVICE	THRU 05/29/2026																
		DEWBERRY ENGINEERS INC.														4,237.50	000844	
- - - - - - - -	- - - - - - - - -	- - - - - - - - - - - - - - - - - - - - - -	-	-	-	-	-	-	-	- -	-	-	-	-	- - - - - -	- - - - -	- - -	

BALANCE 11/25

LOKS LIVE OAK LAKES SHENNING

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	7/08/26	PAGE	14
*** CHECK DATES 06/11/2026 - 07/08/2026 ***	LIVE OAK LAKES-GENERAL FUND
BANK B LOL-GENERAL FUND

DATE	DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS			AMOUNT	#	
7/08/26 00010	6/16/26 93407634 202606 310-51300-42000		*	61.16			

CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...	VENDOR NAME	STATUS	AMOUNT	....CHECK.....

	DELIVERIES THRU 06/16/26		
	6/30/26 93599644 202606 310-51300-42000													*						63.68				
	DELIVERIES THRU 06/30/26																							
	FEDEX																					124.84	000845	
- - - - - - - -	- - - - - - - - - - - - - - - - - - - - - - - - - -	-	-	-	-	-	-	-	-	-	-	-	-	- -	-	-	-	-	-	- - - - -	-	- - - -	- - -	
7/08/26 00033	7/06/26 3774478	202605 310-51300-31500													*						804.50				
	LEGAL FEES THRU 05/31/26																							
	KUTAK ROCK LLP																					804.50	000846	
- - - - - - - -	- - - - - - - - - - - - - - - - - - - - - - - - - -	-	-	-	-	-	-	-	-	-	-	-	-	- -	-	-	-	-	-	- - - - -	-	- - - -	- - -	
7/08/26 00032	4/02/26 PSI25865 202604 320-53800-46800													*						3,017.22				

APR 26 LAKE MAINTENANCE

SOLITUDE LAKE MANAGEMENT	3,017.22 000847

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/08/26 00046	7/01/26 SA-25389 202607 320-53800-46801	*	6,579.00 MIDGE FLY TREATMENT
STEADFAST CONTRACTORS ALLIANCE LLC	6,579.00 000848
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
TOTAL FOR BANK B	43,284.66

LOKS LIVE OAK LAKES SHENNING

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	7/08/26	PAGE	15
*** CHECK DATES 06/11/2026 - 07/08/2026 ***	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	#
7/08/26 00035	6/11/26 02232634 202606 320-53800-43000	*	28.26
SERVICE THRU 6/11/2026
6/11/26 02232634 202606 320-53800-43000	*	28.55
SERVICE THRU 6/11/2026
6/11/26 02232634 202606 320-53800-43001	*	3,902.02
SERVICE THRU 6/11/2026
ORLANDO UTILITIES COMMISSION	3,958.83 008028
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/08/26 00037	6/17/26 62619-06 202606 320-53800-43100	*	5,933.07
SERVICE THRU 06/10/2026
TOHO WATER AUTHORITY	5,933.07 008029
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/08/26 00037	6/17/26 62746-06 202606 320-53800-43100	*	60.67
SERVICE THRU 06/09/2026
TOHO WATER AUTHORITY	60.67 008030
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
TOTAL FOR BANK Z	9,952.57
TOTAL FOR REGISTER	53,237.23

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	
02/05/26	INSTALLMENTS	$702.43	$11.62	$13.82		$0.00	$676.99		$221.85	$308.02	$147.13	$676.99	
02/05/26	CURRENT DISTRIBUTION	$18,453.93	$348.27	$362.12		$0.00	$17,743.54		$5,814.48	$8,072.94	$3,856.12	$17,743.54	
03/10/26	CURRENT DISTRIBUTION	$10,322.23	$118.87	$204.06		$0.00	$9,999.30		$3,276.73	$4,549.47	$2,173.10	$9,999.30	
03/10/26	INSTALLMENTS	$363.14	$0.00	$7.26		$0.00	$355.88		$116.62	$161.92	$77.34	$355.88	
04/07/26	INSTALLMENTS	$9,656.20	$0.00	$193.13		$0.00	$9,463.07		$3,101.01	$4,305.50	$2,056.57	$9,463.07	
04/07/26	CURRENT DISTRIBUTION	$11,050.60	$0.00	$221.01		$0.00	$10,829.59		$3,548.81	$4,927.23	$2,353.55	$10,829.59	
04/24/26	INTEREST	$0.00	$0.00	$0.00		$47.69	$47.69		$15.63	$21.70	$10.36	$47.69	
05/08/26	CURRENT DISTRIBUTION	$17,616.77	($466.05)	$361.65		$0.00	$17,721.17		$5,807.15	$8,062.76	$3,851.26	$17,721.17	
05/08/26	INSTALLMENTS	$700.96	($10.43)	$14.23		$0.00	$697.16		$228.46	$317.19	$151.51	$697.16	
06/05/26	DELINQUENT	$2,918.90	($87.57)	$60.13			$2,946.34		$965.50	$1,340.52	$640.31	$2,946.34	
06/13/26	DELINQUENT	$9,697.23	($290.93)	$199.77			$9,788.39		$3,207.61	$4,453.51	$2,127.27	$9,788.39	
	TOTAL	$2,227,430.29	$85,143.04	$42,845.75		$1,521.53	$2,100,963.03		$688,476.62	$955,893.72	$456,592.69	$2,100,963.03	

												GROSS
99.95%	

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				
CK#5551 NLV 2026-01 (3)	2/19/26	$66,733.61	$66,733.61	$66,733.61		$66,733.61	$0.00		$66,733.61				
CK#95039198 PULTE GROUP	2/27/26	$25,352.05	$25,352.05	$25,352.05		$25,352.05	$0.00		$25,352.05				
CK#5558 NLV 2026-01 (4)	3/18/26	$262,579.37	$262,579.37	$262,579.37		$0.00	$262,579.37		$262,579.37				
													
	TOTAL	$541,626.83	$541,626.83	$541,626.83		$279,047.46	$262,579.37		$541,626.83				

ASSESSMENTS COMBINED							
	GROSS AMOUNT ASSESSED	TAX COLLECTOR RECEIVED	DIRECT RECEIVED	
TOTAL COLLECTED	NET PERCENTAGE COLLECTED		
O & M	$1,027,114.28	$688,476.62	$279,047.46	$967,524.08	94.20%		
DEBT SERVICE	$2,067,025.00	$955,893.72	$262,579.37	$1,218,473.09	58.95%		
TOTAL	$3,094,139.28	$1,644,370.34	$541,626.83	$2,185,997.17			

Page 16

Section IV

Section A

RESOLUTION 2026-07
[FY 2027 APPROPRIATION RESOLUTION]

THE ANNUAL APPROPRIATION RESOLUTION OF THE LIVE OAK LAKE COMMUNITY DEVELOPMENT DISTRICT (“DISTRICT”) RELATING TO THE ANNUAL APPROPRIATIONS AND ADOPTING THE BUDGET(S) FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2026, AND ENDING SEPTEMBER 30, 2027; AUTHORIZING BUDGET AMENDMENTS; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, for the fiscal year beginning October 1, 2026, and ending September 30, 2027 (“FY 2027”), the District Manager prepared and submitted to the Board of Supervisors (“Board”) of the Live Oak Lake Community Development District (“District”), prior to June 15, 2026, the proposed budget(s) (“Proposed Budget”) along with an explanatory and complete financial plan for each fund of the District, pursuant to the provisions of Section 190.008(2)(a), Florida Statutes; and

WHEREAS, at least sixty (60) days prior to the adoption of the Proposed Budget, the District filed a copy of the Proposed Budget with the local general-purpose government(s) having jurisdiction over the area included in the District pursuant to the provisions of Section 190.008(2)(b), Florida Statutes; and

WHEREAS, the Board set a public hearing on the Proposed Budget and caused notice of such public hearing to be given by publication pursuant to Section 190.008(2)(a), Florida Statutes; and

WHEREAS, the District Manager posted the Proposed Budget on the District’s website in accordance with Section 189.016, Florida Statutes; and

WHEREAS, Section 190.008(2)(a), Florida Statutes, requires that, prior to October 1st of each year, the Board, by passage of the Annual Appropriation Resolution, shall adopt a budget for the ensuing fiscal year and appropriate such sums of money as the Board deems necessary to defray all expenditures of the District during the ensuing fiscal year.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE LIVE OAK LAKE COMMUNITY DEVELOPMENT DISTRICT:

SECTION 1.  BUDGET

The Proposed Budget, attached hereto as Exhibit A, as amended by the Board, is hereby adopted in accordance with the provisions of Section 190.008(2)(a), Florida Statutes (“Adopted Budget”), and incorporated herein by reference; provided, however, that the comparative figures contained in the Adopted Budget may be subsequently revised as deemed necessary by the District Manager to reflect actual revenues and expenditures.

The Adopted Budget, as amended, shall be maintained in the office of the District Manager and at the District’s Local Records Office and identified as “The Budget for the Live Oak Lake Community Development District for the Fiscal Year Ending September 30, 2027.”

The Adopted Budget shall be posted by the District Manager on the District’s official website in accordance with Chapter 189, Florida Statutes, and shall remain on the website for at least two (2) years.

SECTION 2.	APPROPRIATIONS

There is hereby appropriated out of the revenues of the District, for FY 2027, the sum(s) set forth in Exhibit A to be raised by the levy of assessments and/or otherwise, which sum is deemed by the Board to be necessary to defray all expenditures of the District during said budget year, to be divided and appropriated as set forth in Exhibit A.

SECTION 3.	BUDGET AMENDMENTS

Pursuant to Section 189.016, Florida Statutes, the District at any time within FY 2027 or within 60 days following the end of FY 2027 may amend its Adopted Budget for that fiscal year as follows:

A line-item appropriation for expenditures within a fund may be decreased or increased by motion of the Board recorded in the minutes, and approving the expenditure, if the total appropriations of the fund do not increase.

The District Manager or Treasurer may approve an expenditure that would increase or decrease a line-item appropriation for expenditures within a fund if the total appropriations of the fund do not increase and if either (i) the aggregate change in the original appropriation item does not exceed the greater of $15,000 or 15% of the original appropriation, or (ii) such expenditure is authorized by separate disbursement or spending resolution.

Any other budget amendments shall be adopted by resolution and consistent with Florida law. The District Manager or Treasurer must ensure that any amendments to the budget under this paragraph c. are posted on the District’s website in accordance with Chapter 189, Florida Statutes, and remain on the website for at least two (2) years.

SECTION 4. APPROVAL OF PRIOR ACTIONS. The actions of the Chairman, Vice Chairman, Secretary, Treasurer, Assistant Secretaries, and all District Staff in finalizing the Adopted Budget, including preparing the Proposed Budget and setting, noticing, and all other actions required for the public hearing on the Proposed Budget, are hereby ratified, approved, and confirmed in all respects.

SECTION 5.  SEVERABILITY; EFFECTIVE DATE. The invalidity or unenforceability of any one or more provisions of this Resolution shall not affect the validity or enforceability of the remaining portions of this Resolution, or any part thereof. This Resolution shall take effect immediately upon adoption.

[CONTINUED ON NEXT PAGE]

PASSED AND ADOPTED THIS 16TH DAY OF JULY, 2026.

ATTEST:	LIVE OAK LAKE COMMUNITY DEVELOPMENT DISTRICT

Secretary / Assistant Secretary	Chair/Vice Chair, Board of Supervisors
Exhibit A:	FY 2027 Budget

Live Oak Lake
Community Development District

FY 2027
Proposed Budget
July 16, 2026

	Table of Contents	

1		General Fund	

2-5	
	General Fund Narrative	

6	
	Debt Service Fund Series 2016	

7	
	Amortization Schedule - Debt Service Fund Series 2016	

8	
	Debt Service Fund Series 2020	

9	
	Amortization Schedule - Debt Service Fund Series 2020	

Live Oak Lake
Community Development District
Proposed Budget General Fund
	Adopted
Budget	Actual
Thru	Projected
Next	Total
Projected	Proposed
Budget	
 Description			FY 2026			6/30/26		3 Months	9/30/26	FY 2027	
Revenues						
Assessments - Tax Collector (Net)	$686,439	$688,477	$0	$688,477	$686,436	
Interest Income	$0	$510	$170	$680	$0	
Direct Assessment	$0	$0	$0	$0	$279,047	
Direct Assessment - Pulte	$76,824	$76,824	$0	$76,824	$0	
Direct Assessment - NLV	$202,223	$202,223	$0	$202,223	$0	
TOTAL REVENUES	$965,487	$968,034	$170	$968,204	$965,483	
Expenditures						
Administrative						
Supervisor Fees	$12,000	$4,200	$3,000	$7,200	$12,000	
FICA Expense	$918	$321	$230	$551	$918	
Engineering	$15,000	$6,750	$3,375	$10,125	$15,000	
Dissemination	$5,408	$4,056	$1,352	$5,408	$5,678	
Dissemination-Amortization Schedules	$0	$200	$0	$200	$0	
Assessment Roll	$5,408	$5,408	$0	$5,408	$5,678	
Property Appraiser	$600	$1,234	$0	$1,234	$1,234	
Arbitrage	$1,150	$0	$1,150	$1,150	$1,150	
Attorney	$25,000	$9,040	$4,520	$13,560	$24,000	
Annual Audit	$5,300	$5,300	$0	$5,300	$5,400	
Trustee Fees	$8,869	$8,485	$0	$8,485	$8,889	
Management Fees	$43,775	$32,831	$10,944	$43,775	$45,964	
Information Technology	$1,947	$1,460	$487	$1,947	$2,005	
Postage	$1,450	$1,789	$596	$2,385	$1,450	
Copies	$250	$21	$7	$27	$250	
Rentals and Leases	$3,600	$1,302	$750	$2,052	$3,000	
Insurance	$7,814	$6,893	$0	$6,893	$7,582	
Legal Advertising	$2,500	$642	$2,353	$2,995	$2,175	
Other Current Charges	$350	$0	$0	$0	$350	
Office Supplies	$100	$47	$16	$63	$100	
Dues, Licenses & Subscriptions	$175	$175	$0	$175	$175	
Website Hosting/Compliance	$1,260	$2,695	$315	$3,010	$1,323	
TOTAL ADMINISTRATIVE	$142,872	$92,849	$29,094	$121,943	$144,322	
Field						
Field Management	$17,365	$13,024	$4,341	$17,365	$18,233	
Property Insurance	$4,374	$3,764	$0	$3,764	$3,576	
Aquatic Control	$55,000	$41,098	$13,474	$54,572	$60,000	
Midge Management	$105,000	$74,508	$26,316	$100,824	$90,000	
Contingency	$29,384	$330	$1,500	$1,830	$18,860	
Landscape Maintenance	$282,000	$197,908	$66,404	$264,312	$282,000	
Landscaping Replacements	$50,000	$6,766	$5,000	$11,766	$50,000	
Pond Aerator and Fountain Maintenance	$15,000	$2,699	$900	$3,599	$15,000	
Irrigation Consultant Services	$6,000	$0	$0	$0	$0	
Irrigation Repairs	$15,000	$18,787	$6,262	$25,049	$15,000	
General Repairs and Maintenance	$15,000	$0	$5,000	$5,000	$15,000	
Electricity-Street Lights	$50,892	$35,075	$11,706	$46,781	$50,892	
Electricity-Aerators and Fountains	$57,600	$516	$172	$688	$57,600	
Water-Irrigation	$100,000	$75,400	$18,637	$94,038	$125,000	
Capital Reserve	$20,000	$0	$20,000	$20,000	$20,000	
TOTAL FIELD	$822,614	$469,875	$179,712	$649,587	$821,161	
						
TOTAL EXPENDITURES	$965,487	$562,724	$208,806	$771,530	$965,483	
						
EXCESS REVENUES (EXPENDITURES)	$0	$405,310	($208,636)	$196,674	$0	
Net Assessment	$965,483	
Discounts & Collections 6%		$61,627 	
Gross Assessment		$1,027,110 	

Unit Type	Unit Count	
EAU	FY 2024
Gross Per Unit	FY 2025
Gross Per Unit	FY 2026
Gross Per Unit	FY 2027
Gross Per Unit	Increase/
(Decrease)	Gross
Total	
Duplex 35'	504	0.7	$249.55	$249.55	$378.37	$378.37	$0.00	$190,697.99	
50' SF	1,322	1.0	$356.50	$356.50	$540.53	$540.53	$0.00	$714,576.94	
70' SF 	161		1.4	$499.10	$499.10	$756.74	$756.74	$0.00		$121,834.83		
1,987							$1,027,109.76	

REVENUES:

LIVE OAK LAKE
COMMUNITY DEVELOPMENT DISTRICT
GENERAL FUND BUDGET FISCAL YEAR 2027

Assessments-Tax Collector
The District will levy a non-ad valorem special assessment on all taxable property within the District to fund general operating and maintenance expenditures for the fiscal year. These assessments are billed on tax bills.

Assessments –Off Roll
The District will levy a non-ad valorem special assessment on all taxable property within the District to fund general operating and maintenance expenditures for the fiscal year. The District levies these assessments directly to the property owners.

Interest Income
The District earns interest on the monthly average collected balance for their money market accounts.

EXPENDITURES:
Administrative:

Supervisor Fees
The Florida Statutes allows each board member to receive $200 per meeting not to exceed $4,800 in one year. The amount for the fiscal year is based upon all 5 supervisors attending the estimated 12 meetings.

FICA Taxes
Related payroll taxes of 7.65% for above.

Engineering Fees
The District's engineer will be providing general engineering services to the District including attendance and preparation for board meetings, etc.

Dissemination Agent
The District is required by the Security and Exchange Commission to comply with Rule 15(c)(2)-12(b)(5), which relates to additional reporting requirements for un-rated bond issues.

Assessment Roll
The District has contracted with Governmental Management Services to levy and administer the collection of non-ad valorem assessment on all assessable property within the District.

Property Appraiser
The District anticipates costs associated with services provided by the property appraiser’s office.

Arbitrage
The District is required to annually have an arbitrage rebate calculation on the District's Series 2016 Capital Improvement Revenue Bonds and the Series 2020 Special Assessment Revenue Bonds.

Attorney

LIVE OAK LAKE
COMMUNITY DEVELOPMENT DISTRICT
GENERAL FUND BUDGET FISCAL YEAR 2027

The District's legal counsel will be providing general legal services to the District, i.e., attendance and preparation for monthly meetings, review operating and maintenance contracts, etc.

Annual Audit
The District is required annually to conduct an audit of its financial records by an Independent Certified Public Accounting Firm.

Trustee Fees
The District issued Series 2016 Capital Improvement Revenue Bonds and Series 2020 Special Assessment Revenue Bonds which are held with a Trustee at US Bank. The amount of the trustee fees is based on the agreement between US Bank and the District.

Management Fees
The District has contracted with Governmental Management Services to provide Management, Accounting and Recording Secretary Services for the District. The services include, but are not limited to recording and transcription of board meetings, budget preparation, financial reporting, annual audit, etc.

Information Technology
Represents costs related to the District’s information systems, which include but are not limited to video conferencing services, cloud storage services and servers, security, accounting software, etc..
Postage
Mailings, overnight deliveries, and correspondence, etc.

Copies
Printing of computerized checks, stationary, envelopes, invoices, etc.

Rentals and Leases
Cost of meeting room.

Insurance
The District's General Liability & Public Officials Liability Insurance policy is with The Florida Insurance Alliance. They specialize in providing insurance coverage to governmental agencies.

Legal Advertising
The District is required to advertise various notices for monthly Board meetings, public hearings, etc. in a newspaper of general circulation.

Other Current Charges
Bank charges and any other miscellaneous expenses that are incurred during the year.

Office Supplies
Miscellaneous office supplies.

LIVE OAK LAKE
COMMUNITY DEVELOPMENT DISTRICT
GENERAL FUND BUDGET FISCAL YEAR 2027
Dues, Licenses & Subscriptions
The District is required to pay an annual fee to the Florida Department of Commerce for $175. This is the only expense under this category for the District.

Website Hosting/Compliance
Represents the cost associated with monitoring and maintaining the District’s website created in accordance with Chapter 189, Florida Statutes. These services include site performance assessment, security and firewall maintenance, updates, document uploads, hosting and domain renewals, website backups, etc.

Field

Field Management
Governmental Management Services provides onsite field management of contracts such as landscape and lake maintenance, fountain maintenance, etc. Services include onsite inspections, meetings with contractors, monitoring of utility accounts, attend Board meetings, receive and respond to property owner email and phone calls.

Property Insurance
The District will bind a Property Insurance policy with Florida Insurance Alliance (FIA). FIA specializes in providing insurance coverage to governmental agencies.

Aquatic Control
Represents the cost for maintenance to the 23 stormwater ponds located within the District. Services include, but are not limited to, treatment of nuisance vegetation and algae treatment.

Midge Management
Represents the cost for contracted midge management services provided by Steadfast Alliance for treatment of nuisance midge populations within the District’s twenty-three (23) stormwater ponds. Services include application of Skeeter® biological treatment products designed to reduce larval development and adult midge emergence.

Contingency-Field
Any unanticipated expenditure that may arise during the fiscal year.

Landscape Maintenance
The District contracts for landscape maintenance of certain common areas such as mowing, edging, blowing, fertilization, trimming and mowing around stormwater ponds.

Landscape Replacement
Replacement of plants needed throughout the District.

Pond Aerator and Fountain Maintenance
Repairs and maintenance to the District’s eight fountains.

Irrigation Repairs
Represents funds needed for repairs to the irrigation system of the district.

General Repairs and Maintenance
These costs include routine preventive maintenance, emergency repairs, replacement of worn or damaged parts, labor charges, and other maintenance-related expenses that ensure field assets remain safe, functional, and operational.

LIVE OAK LAKE
COMMUNITY DEVELOPMENT DISTRICT
GENERAL FUND BUDGET FISCAL YEAR 2027

Electricity-Streetlights
The cost of electricity for the streetlights in Live Oak Lake CDD.

Electricity-Aerators and Fountains
The cost of electricity for the Fountains.

Water-Irrigation
The cost of water, sewer, and irrigation services for Live Oak Lake CDD.

Capital Reserve
Funds set aside to support the future replacement, rehabilitation, or major repair of capital assets essential to program operations. Establishing a capital reserve helps ensure that adequate resources are available to address significant infrastructure, facility, equipment, or vehicle needs as they arise, reducing the risk of service disruptions caused by unexpected capital expenditures. Reserve funds will be managed in accordance with District’s financial policies.

Live Oak Lake
Community Development District
Proposed Budget
Debt Service Fund - Series 2016

 Description	 		Adopted Budget
FY 2026	

 		Actual Thru
6/30/26	

 	Projected Next
3 Months	

 		Total Projected
9/30/26	Proposed Budget
	FY 2027		
Revenues									
Interest Income	$5,000		$29,569		$9,856		$39,426	$5,000	
Assessments - On Roll (Net)	$954,030		$955,894		$0		$955,894	$954,030	
Assessments - Prepayments	$0		$0		$0		$0	$0	
Carryforward Surplus (1)	$576,849		$596,429		$0		$596,429	$620,173	
TOTAL REVENUES	$1,535,879		$1,581,892		$9,856		$1,591,748	$1,579,202	

Expenditures									
Series 2016									
Interest - 11/01	$300,994		$300,994		$0		$300,994	$292,666	
Interest - 05/01	$300,994		$300,653		$0		$300,653	$292,666	
Principal - 05/01	$355,000		$355,000		$0		$355,000	$370,000	
Special Call - 11/01	$0		$15,000		$0		$15,000	$0	
TOTAL EXPENDITURES	$956,988		$971,647		$0		$971,647	$955,331	
Other Financing Sources and (Uses)									
Interfund Transfer	$0		$54		$18		$71	$0	

TOTAL OTHER FINANCING SOURCES AND USES	$0		$54		$18		$71	$0	
									
EXCESS REVENUES	$578,891		$610,298		$9,874		$620,173	$623,871	
							
11/27 Interest	
$284,341	

Unit
Type	No. of
Units	Gross Assessment
Per Unit Amount	
Total	
Duplex 35'	350	$975.00	$341,250.00	
50' SF	506	$1,025.00	$518,650.00	
70' SF		117		$1,325.00	  $155,025.00		
	973		$1,014,925.00	
		Less Discount/Collection Fees	  ($60,895.50) 	
		Net Assessment	$954,029.50	

(1) Carry forward surplus is net of the reserve requirement.

Live Oak Lake						Amortization Schedule	
Community Development District				Series 2016, Capital Improvement Revenue Bonds	
DATE		BALANCE		PRINCIPAL		INTEREST		TOTAL	

05/01/26	
$	
13,135,000	
$	
355,000.00	
$	
300,653.13	
$	
-	
11/01/26	$	12,780,000	$	-	$	292,665.63	$	948,318.75	
05/01/27	$	12,780,000	$	370,000.00	$	292,665.63	$	-	
11/01/27	$	12,410,000	$	-	$	284,340.63	$	947,006.25	
05/01/28	$	12,410,000	$	390,000.00	$	284,340.63	$	-	
11/01/28	$	12,020,000	$	-	$	275,565.63	$	949,906.25	
05/01/29	$	12,020,000	$	405,000.00	$	275,565.63	$	-	
11/01/29	$	11,615,000	$	-	$	266,453.13	$	947,018.75	
05/01/30	$	11,615,000	$	425,000.00	$	266,453.13	$	-	
11/01/30	$	11,190,000	$	-	$	256,890.63	$	948,343.75	
05/01/31	$	11,190,000	$	445,000.00	$	256,890.63	$	-	
11/01/31	$	10,745,000	$	-	$	246,878.13	$	948,768.75	
05/01/32	$	10,745,000	$	465,000.00	$	246,878.13	$	-	
11/01/32	$	10,280,000	$	-	$	236,415.63	$	948,293.75	
05/01/33	$	10,280,000	$	490,000.00	$	236,415.63	$	-	
11/01/33	$	9,790,000	$	-	$	225,390.63	$	951,806.25	
05/01/34	$	9,790,000	$	510,000.00	$	225,390.63	$	-	
11/01/34	$	9,280,000	$	-	$	213,915.63	$	949,306.25	
05/01/35	$	9,280,000	$	535,000.00	$	213,915.63	$	-	
11/01/35	$	8,745,000	$	-	$	201,878.13	$	950,793.75	
05/01/36	$	8,745,000	$	560,000.00	$	201,878.13	$	-	
11/01/36	$	8,185,000	$	-	$	189,278.13	$	951,156.25	
05/01/37	$	8,185,000	$	585,000.00	$	189,278.13	$	-	
11/01/37	$	7,600,000	$	-	$	175,750.00	$	950,028.13	
05/01/38	$	7,600,000	$	610,000.00	$	175,750.00	$	-	
11/01/38	$	6,990,000	$	-	$	161,643.75	$	947,393.75	
05/01/39	$	6,990,000	$	640,000.00	$	161,643.75	$	-	
11/01/39	$	6,350,000	$	-	$	146,843.75	$	948,487.50	
05/01/40	$	6,350,000	$	670,000.00	$	146,843.75	$	-	
11/01/40	$	5,680,000	$	-	$	131,350.00	$	948,193.75	
05/01/41	$	5,680,000	$	705,000.00	$	131,350.00	$	-	
11/01/41	$	4,975,000	$	-	$	115,046.88	$	951,396.88	
05/01/42	$	4,975,000	$	735,000.00	$	115,046.88	$	-	
11/01/42	$	4,240,000	$	-	$	98,050.00	$	948,096.88	
05/01/43	$	4,240,000	$	770,000.00	$	98,050.00	$	-	
11/01/43	$	3,470,000	$	-	$	80,243.75	$	948,293.75	
05/01/44	$	3,470,000	$	810,000.00	$	80,243.75	$	-	
11/01/44	$	2,660,000	$	-	$	61,512.50	$	951,756.25	
05/01/45	$	2,660,000	$	845,000.00	$	61,512.50	$	-	
11/01/45	$	1,815,000	$	-	$	41,971.88	$	948,484.38	
05/01/46	$	1,815,000	$	885,000.00	$	41,971.88	$	-	
11/01/46	$	930,000	$	-	$	21,506.25	$	948,478.13	
05/01/47	$	930,000	$	930,000.00	$	21,506.25	$	951,506.25	
Total			$	13,135,000.00	$	7,747,834.38	$	20,882,834.38	

Live Oak Lake
Community Development District
Proposed Budget
Debt Service Fund - Series 2020

	Adopted
Budget	Actual
Thru	Projected
Next	Total
Projected	Proposed
Budget	
 Description		 		FY 2026			6/30/26	 	3 Months			9/30/26		FY 2027		

Revenues							
Interest Income		$5,000	$33,582	$11,194	$44,776	$5,000	
Assessments - On Roll (Net)		$143,562	$456,593	$0	$456,593	$989,938	
Assessments - Direct		$846,376	$262,579	$272,116	$534,696	$0	
Assessments - Prepayment		$0	$14,361	$0	$14,361	$0	
Carryforward Surplus (1)		$505,154	$457,424	$0	$457,424	$497,926	
TOTAL REVENUES		$1,500,091	$1,224,539	$283,310	$1,507,849	$1,492,863	

Expenditures							
Series 2020							
Interest - 11/01		$335,050	$335,050	$0	$335,050	$328,530	
Interest - 02/01		$0	$173	$0	$173	$0	
Interest - 05/01		$335,050	$334,705	$0	$334,705	$328,530	
Special Call - 02/01		$0	$15,000	$0	$15,000	$0	
Principal - 05/01		$325,000	$325,000	$0	$325,000	$335,000	
TOTAL EXPENDITURES		$995,100	$1,009,928	$0	$1,009,928	$992,060	
							
EXCESS REVENUES		$504,991	$214,614	$283,312	$497,926	$500,803	
					
11/27 Interest	
$322,165	
Unit	No. of	Gross Assessment					
Type	Units	Per Unit Amount	Total		
Duplex 35 FT Lot	238	$975.00	$232,050.00		
Single Family - 50'	739	$1,025.00	$757,475.00		
Single Family - 70'	48	$1,325.00		$63,600.00 		
	1025	$1,053,125.00		
	Less Discount/Collection Fees		($63,187.50)		
	Net Assessment	$989,937.50		

(1) Carry forward surplus is net of the reserve requirement.

Live Oak Lake						Amortization Schedule	
Community Development District				Series 2020, Special Assessment Revenue Bonds	
DATE		BALANCE		PRINCIPAL		INTEREST		TOTAL	

02/01/26	
$	
15,080,000	
$	
15,000.00	
$	
172.50	
$	
-	
05/01/26	$	14,740,000	$	325,000.00	$	334,705.00	$	-	
11/01/26	$	14,740,000	$	-	$	328,530.00	$	1,003,407.50	
05/01/27	$	14,740,000	$	335,000.00	$	328,530.00	$	-	
11/01/27	$	14,405,000	$	-	$	322,165.00	$	985,695.00	
05/01/28	$	14,405,000	$	350,000.00	$	322,165.00	$	-	
11/01/28	$	14,055,000	$	-	$	315,515.00	$	987,680.00	
05/01/29	$	14,055,000	$	360,000.00	$	315,515.00	$	-	
11/01/29	$	13,695,000	$	-	$	308,675.00	$	984,190.00	
05/01/30	$	13,695,000	$	375,000.00	$	308,675.00	$	-	
11/01/30	$	13,320,000	$	-	$	301,550.00	$	985,225.00	
05/01/31	$	13,320,000	$	390,000.00	$	301,550.00	$	-	
11/01/31	$	12,930,000	$	-	$	292,970.00	$	984,520.00	
05/01/32	$	12,930,000	$	410,000.00	$	292,970.00	$	-	
11/01/32	$	12,520,000	$	-	$	283,950.00	$	986,920.00	
05/01/33	$	12,520,000	$	430,000.00	$	283,950.00	$	-	
11/01/33	$	12,090,000	$	-	$	274,490.00	$	988,440.00	
05/01/34	$	12,090,000	$	445,000.00	$	274,490.00	$	-	
11/01/34	$	11,645,000	$	-	$	264,700.00	$	984,190.00	
05/01/35	$	11,645,000	$	465,000.00	$	264,700.00	$	-	
11/01/35	$	11,180,000	$	-	$	254,470.00	$	984,170.00	
05/01/36	$	11,180,000	$	490,000.00	$	254,470.00	$	-	
11/01/36	$	10,690,000	$	-	$	243,690.00	$	988,160.00	
05/01/37	$	10,690,000	$	510,000.00	$	243,690.00	$	-	
11/01/37	$	10,180,000	$	-	$	232,470.00	$	986,160.00	
05/01/38	$	10,180,000	$	535,000.00	$	232,470.00	$	-	
11/01/38	$	9,645,000	$	-	$	220,700.00	$	988,170.00	
05/01/39	$	9,645,000	$	555,000.00	$	220,700.00	$	-	
11/01/39	$	9,090,000	$	-	$	208,490.00	$	984,190.00	
05/01/40	$	9,090,000	$	580,000.00	$	208,490.00	$	-	
11/01/40	$	8,510,000	$	-	$	195,730.00	$	984,220.00	
05/01/41	$	8,510,000	$	610,000.00	$	195,730.00	$	-	
11/01/41	$	7,900,000	$	-	$	181,700.00	$	987,430.00	
05/01/42	$	7,900,000	$	635,000.00	$	181,700.00	$	-	
11/01/42	$	7,265,000	$	-	$	167,095.00	$	983,795.00	
05/01/43	$	7,265,000	$	665,000.00	$	167,095.00	$	-	
11/01/43	$	6,600,000	$	-	$	151,800.00	$	983,895.00	
05/01/44	$	6,600,000	$	700,000.00	$	151,800.00	$	-	
11/01/44	$	5,900,000	$	-	$	135,700.00	$	987,500.00	
05/01/45	$	5,900,000	$	730,000.00	$	135,700.00	$	-	
11/01/45	$	5,170,000	$	-	$	118,910.00	$	984,610.00	
05/01/46	$	5,170,000	$	765,000.00	$	118,910.00	$	-	
11/01/46	$	4,405,000	$	-	$	101,315.00	$	985,225.00	
05/01/47	$	4,405,000	$	800,000.00	$	101,315.00	$	-	
11/01/47	$	3,605,000	$	-	$	82,915.00	$	984,230.00	
05/01/48	$	3,605,000	$	840,000.00	$	82,915.00	$	-	
11/01/48	$	2,765,000	$	-	$	63,595.00	$	986,510.00	
05/01/49	$	2,765,000	$	880,000.00	$	63,595.00	$	-	
11/01/49	$	1,885,000	$	-	$	43,355.00	$	986,950.00	
05/01/50	$	1,885,000	$	920,000.00	$	43,355.00	$	-	
11/01/50	$	965,000	$	-	$	22,195.00	$	985,550.00	
05/01/51	$	965,000	$	965,000.00	$	22,195.00	$	987,195.00	
Total			$	15,080,000.00	$	10,568,227.50	$	25,648,227.50	

Section B

RESOLUTION 2026-08
[FY 2027 ASSESSMENT RESOLUTION]

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE LIVE OAK LAKE COMMUNITY DEVELOPMENT DISTRICT PROVIDING FOR FUNDING FOR THE FY 2027 ADOPTED BUDGET(S); PROVIDING FOR THE COLLECTION AND ENFORCEMENT OF SPECIAL ASSESSMENTS, INCLUDING, BUT NOT LIMITED TO, PENALTIES AND INTEREST THEREON; CERTIFYING AN ASSESSMENT ROLL; PROVIDING FOR AMENDMENTS TO THE ASSESSMENT ROLL; PROVIDING A SEVERABILITY CLAUSE; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the Live Oak Lake Community Development District (“District”) is a local unit of special-purpose government established pursuant to Chapter 190, Florida Statutes, for the purpose of providing, operating, and maintaining infrastructure improvements, facilities, and services to the lands within the District, located in Osceola County, Florida (“County”); and

WHEREAS, the District has constructed or acquired various infrastructure improvements and provides certain services in accordance with the District’s adopted capital improvement plan and Chapter 190, Florida Statutes; and

WHEREAS, for the fiscal year beginning October 1, 2026, and ending September 30, 2027 (“FY 2027”), the Board of Supervisors (“Board”) of the District has determined to undertake various operations and maintenance and other activities described in the District’s budget (“Adopted Budget”), attached hereto as Exhibit A; and

WHEREAS, pursuant to Chapter 190, Florida Statutes, the District may fund the Adopted Budget through the levy and imposition of special assessments on benefitted lands within the District, and regardless of the imposition method utilized by the District, under Florida law, the District may collect such assessments by direct bill, tax roll, or in accordance with other collection measures provided by law; and

WHEREAS, in order to fund the District’s Adopted Budget, the District’s Board now desires to adopt this Resolution setting forth the means by which the District intends to fund its Adopted Budget.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE LIVE OAK LAKE COMMUNITY DEVELOPMENT DISTRICT:

FUNDING. The District’s Board hereby authorizes the funding mechanisms for the Adopted Budget as provided further herein and as indicated in the Adopted Budget attached hereto as Exhibit A and the assessment roll attached hereto as Exhibit B (“Assessment Roll”).

OPERATIONS AND MAINTENANCE ASSESSMENTS.

Benefit Findings. The provision of the services, facilities, and operations as described in Exhibit A confers a special and peculiar benefit to the lands within the District, which benefit exceeds or equals the cost of the assessments. The allocation of the assessments to the specially benefitted lands is shown in Exhibit A and Exhibit B and is hereby found to be fair and reasonable.

O&M Assessment Imposition. Pursuant to Chapter 190, Florida Statutes, a special assessment for operations and maintenance (“O&M Assessment(s)”) is hereby levied and imposed on benefitted lands within the District and in accordance with Exhibit A and Exhibit B. The lien of the O&M Assessments imposed and levied by this Resolution shall be effective upon passage of this Resolution.

Maximum Rate. Pursuant to Section 197.3632(4), Florida Statutes, the lien amount shall serve as the “maximum rate” authorized by law for operation and maintenance assessments.

COLLECTION AND ENFORCEMENT; PENALTIES; INTEREST. Pursuant to Chapter 190,
Florida Statutes, the District is authorized to collect and enforce the Assessments as set forth below.

Tax Roll Assessments. To the extent indicated in Exhibit A and Exhibit B, those certain O&M Assessments imposed on the “Tax Roll Property” identified in Exhibit B shall be collected by the County Tax Collector at the same time and in the same manner as County property taxes in accordance with Chapter 197, Florida Statutes (“Uniform Method”). That portion of the Assessment Roll which includes the Tax Roll Property is hereby certified to the County Tax Collector and shall be collected by the County Tax Collector in the same manner and time as County property taxes. The District’s Board finds and determines that such collection method is an efficient method of collection for the Tax Roll Property.

Future Collection Methods. The District’s decision to collect Assessments by any particular method – e.g., on the tax roll or by direct bill – does not mean that such method will be used to collect special assessments in future years, and the District reserves the right in its sole discretion to select collection methods in any given year, regardless of past practices.

ASSESSMENT ROLL; AMENDMENTS. The Assessment Roll, attached hereto as Exhibit B, is hereby certified for collection. The Assessment Roll shall be collected pursuant to the collection methods provided above. The proceeds therefrom shall be paid to the District. The District Manager shall keep apprised of all updates made to the County property roll by the Property Appraiser after the date of this Resolution and shall amend the Assessment Roll in accordance with any such updates, for such time as authorized by Florida law, to the County property roll.

APPROVAL OF PRIOR ACTIONS. The actions of the Chairman, Vice Chairman, Secretary, Treasurer, Assistant Secretaries, and all District Staff in finalizing the Assessments and Assessment Roll as provided herein are hereby ratified, approved, and confirmed in all respects.

SEVERABILITY; EFFECTIVE DATE. The invalidity or unenforceability of any one or more provisions of this Resolution shall not affect the validity or enforceability of the remaining portions of this Resolution, or any part thereof. This Resolution shall take effect immediately upon adoption.

PASSED AND ADOPTED THIS 16TH DAY OF JULY, 2026.

ATTEST:	LIVE OAK LAKE COMMUNITY DEVELOPMENT DISTRICT

Secretary / Assistant Secretary

By:	 Its:	

Exhibit A:	Adopted Budget
Exhibit B:	Assessment Roll

assessment roll to be provided under separate cover

Section V

RESOLUTION 2026-09

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE LIVE OAK LAKE COMMUNITY DEVELOPMENT DISTRICT AMENDING RESOLUTION 2026-06 RE-SCHEDULING THE DATE OF THE PUBLIC HEARING ON THE PROPOSED AMENDED RULES OF PROCEDURE; RATIFYING THE ACTION OF THE DISTRICT MANAGER TO PROVIDE NOTICE THEREOF; PROVIDING A SEVERABILITY CLAUSE; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the Live Oak Lake Community Development District (“District”) was established for the purpose of planning, financing, constructing, operating and/or maintaining certain infrastructure improvements; and

WHEREAS, the Board of Supervisors of the District (the “Board”) is authorized by Section 190.011(5), Florida Statutes, to adopt rules and orders pursuant to Chapter 120, Florida Statutes; and

WHEREAS, on May 21, 2026, at a duly noticed public meeting, the District’s Board adopted Resolution 2026-06, designating a date, time and place of a public hearing regarding the District’s amended rules of procedure for July 16, 2026, at the Twin Lakes Clubhouse 49231 Twin Lakes Blvd., St. Cloud, FL 34772; and
WHEREAS, on the date and time of the scheduled public hearing the Board was unable to achieve a quorum of supervisors; and
WHEREAS, The District Secretary is directed to publish notice of the hearing in accordance with Section 120.54, Florida Statutes; and
WHEREAS, the Board now desires to ratify the District Manager’s action in re-scheduling the public hearing.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE LIVE OAK LAKE COMMUNITY DEVELOPMENT DISTRICT:

SECTION 1. PUBLIC HEARING DATE RESET. The District Manager’s action in resetting the date of the public hearing is ratified. Resolution 2026-06 is hereby amended to reflect that the public hearing as declared in Resolution 2026-06 is reset to:

Thursday, September 17, 2026, at 2:00 p.m. at Twin Lakes Clubhouse 49231 Twin Lakes Blvd., St. Cloud, FL 34772.

SECTION 2. RESOLUTION 2026-06 OTHERWISE REMAINS IN FULL FORCE
AND EFFECT. Except as otherwise provided herein, all of the provisions of Resolution 2026-06 continue in full force and effect.
SECTION 3. SEVERABILITY. The invalidity or unenforceability of any one or more provisions of this Resolution shall not affect the validity or enforceability of the remaining portions of this Resolution, or any part thereof.

SECTION 4. EFFECTIVE DATE. This Resolution shall take effect upon its passage and adoption by the Board of the Live Oak Lake Community Development District.

PASSED AND ADOPTED this 16th day of July 2026.

ATTEST:	LIVE OAK LAKE COMMUNITY DEVELOPMENT DISTRICT

Secretary

By:	 Its:		

Section VI

Section B

Sent Via Email: tadams@gmscfl.com

July 2, 2026

Ms. Tricia Adams, District Manager
Live Oak Lake Community Development District 219 E. Livingston Street
Orlando, Florida 32801

Subject:	Work Authorization Number 2026-2
Live Oak Lake Community Development District
Series 2020 Infrastructure Project 2026 Engineer’s Report
Osceola County, Florida

Dear Ms. Adams:

Dewberry Engineers Inc. (Engineer) is pleased to submit this Work Authorization to provide general engineering services for the Live Oak Lake Community Development District (District) for preparation of the Series 2020 Infrastructure Project 2026 Engineers Report. We will provide these services pursuant to our current agreement (“District Engineer Agreement”) as follows:

Series 2020 Infrastructure Project 2026 Engineer’s Report

We will prepare an Engineer’s Report, which includes reviewing the previous Series 2020 Infrastructure Project and the various components included. We will perform a site inspection to confirm construction. We will detail those portions of the Series 2020 Infrastructure Project that have been completed and those remaining to be completed. We will provide exhibits or other maps as needed.

Our fee for this task will be a fixed fee of $6,500, plus other direct costs.

Additional Services

Any Additional Services requested that are not a part of this work authorization will be invoiced either on a time and materials basis, in accordance with the enclosed Schedule of Charges, or on a mutually agreed upon fee. Authorization under this task must be in writing.

This Work Authorization, together with the referenced Engineering Agreement, represents the entire understanding between the District and the Engineer regarding the referenced work authorization. If you wish to accept this work authorization, please sign where indicated and return one complete copy to Aimee Powell, Senior Office Administrator, in our Orlando office at 800 N. Magnolia Avenue, Suite 1000, Orlando, Florida 32803 (or via email at apowell@dewberry.com). Upon receipt, we will promptly schedule our services.

Ms. Tricia Adams Live Oak Lake CDD
Work Authorization Number 2026-2 July 2, 2026

Thank you for considering Dewberry Engineers Inc. We look forward to continuing to work with you on this project.

Sincerely,

Nicole P. Stalder, P.E., LEED-AP Vice President
Business Unit Manager, Site/Civil Services
NPS:ap
J:\Live Oak Lake CDD_Adm\Correspondence\AAS\Live Oak Lake 2026 Engineers Report - WA #2026-2 – 07-02-2026

APPROVED AND ACCEPTED

By: 		 Authorized Representative of
Live Oak Lake Community Development District Date: 	

Attachment A

STANDARD HOURLY BILLING RATE SCHEDULE
Professional/Technical/Construction/Surveying Services

LABOR CLASSIFICATION	HOURLY RATES	
Professional		
Engineer I, II, III	$135.00, $150.00, $170.00	
Engineer IV, V, VI	$195.00, $225.00, $255.00	
Engineer VII, VIII, IX	$295.00, $325.00, $365.00	
Environmental Specialist I, II, III	$115.00, $145.00, $170.00	
Senior Environmental Scientist IV, V, VI	$185.00, $205.00, $230.00	
Planner I, II, III	$115.00, $145.00, $170.00	
Senior Planner IV, V, VI	$185.00, $205.00, $230.00	
Landscape Designer I, II, III	$115.00, $145.00, $170.00	
Senior Landscape Architect IV, V, VI	$185.00, $205.00, $230.00	
Principal	$395.00	
Technical		
CADD Technician I, II, III, IV, V	$95.00, $115.00, $140.00, $155.00, $205.00	
Designer I, II, III	$115.00, $150.00, $180.00	
Designer IV, V, VI	$200.00, $220.00, $260.00	
Construction		
Construction Professional I, II, III	$135.00, $170.00, $200.00	
Construction Professional IV, V, VI	$240.00, $280.00, $335.00	
Survey		
Surveyor I, II, III	$75.00, $90.00, $120.00	
Surveyor IV, V, VI	$140.00, $155.00, $170.00	
Surveyor VII, VIII, IX	$190.00, $225.00, $270.00	
Senior Surveyor IX	$330.00	
Fully Equipped 1, 2, 3 Person Field Crew	$170.00, $215.00, $290.00	
Laser Scanner 1, 2 Person Field Crew	$225.00, $270.00	
Administration		
Administrative Professional I, II, III, IV	$78.00, $110.00, $135.00, $165.00	
Other Direct Costs (Printing, Postage, Etc.)	Cost + 15%	
**COMPANY CONFIDENTIAL AND PROPRIETARY: USE OR DISCLOSURE OF DATA CONTAINED ON THIS SHEET IS SUBJECT TO RESTRICTION
Revised 05-30-26\Subject to Revision\Standard Hourly Billing Rate Schedule

Section C

July 16th, 2026
Live Oak Lake CDD
Field Management Report

Contracted Services
Plant removals and replacements are scheduled for July 14th for the planter pots, reserve monument signs, and bridge area.
Changes to the landscape maintenance contract are being reviewed due to the recent district ownership map.
Coordinating with the vendor to determine pricing for speciﬁc tracts owned by the HOA.
Solitude Lake Management continues to treat pond aquatics to industry standards. Requesting deep-water temperatures and dissolved oxygen reports be generated to assist with district decision making.
Midge treatments are continuing and typically occur between the 6th-11th of each month.
Site Items
Trash collection of all CDD ponds was conducted on the week of July 6th.
Coordinating with Solitude on the Pond 4 fountain transfer to Pond 2. The pond 2 power control box will be utilized to replace the damaged fountain 5 box.

1

Live Oak Lake CDD | Ashley Hilyard Field Manager | ahilyard@gmscfl.com |407-577-0918

Live Oak Lake CDD Pond Cleanup	#6527

GMS-CFL LLC

m STATUS
C  In Progress

0	PRIORITY

0	DUE DATE
07/24/2026

0 High

WORK TYPE
Preventive

DESCRIPTION
Remove trash from all 23 COD ponds.

,2?, ASSIGNEES	�  CATEGORIES

 Jarett Wright  Garret DuBois  Arnaldo Alicea

Caleb Kennedy

 Ashley Hilyard  Angel Guzman  Abner DeJesus

General Maintenance

CF Maintenance

0 DISTRICT
Live Oak Lake CDD

@ ATTACHMENTS
� BKNTCDDMasterMaintenance.pdf

Time & Cost Tracking

® EQUIPMENT CHARGES AND MOBILIZATION USED
Base Charge - Equipment - $45 per Day	1 unit x $45.00
Base Charge - Mobilization	1 unit x $65.00
Total Equipment Charges And Mobilization Costs	$110.00

0 TIME ENTRIES
Abner DeJesus Arnaldo Alicea Abner DeJesus Caleb Kennedy Abner DeJesus

7h Om Os x $55.00 7h Om Os x $55.00 5h Om Os x $55.00 5h Om Os x $55.00 3h Om Os x $55.00

Live Oak Lake CDD Pond Cleanup	#6527

Caleb Kennedy	3h Om Os x $55.00
Total Time Duration	30h Om Os
Total Time Costs _______ _ _	______ _ ______ _	_ ______ _ _ ____	_____ _ ______ _ _   _ ___  $1,650.00

$ ADDITIONAL COSTS
No additional costs recorded.

Total Work Order Costs

$1,760.00

== PROCEDURE

Completion Information - Maintenance

2/3
Fields completed

Completed By Technicians Upon Completion of Work Order

Itemized Description of Work:
6/16/26
Pick up trash from ponds 20, 21, 22, 23

7/7/26
Picked up trash at ponds 10,12,15,16,17,18,19

7/8/26
Picked up trash at ponds 4,5,6,7,8,9,11,13,14

Live Oak Lake CDD Pond Cleanup	#6527

Completion Photos:

Live Oak Lake CDD Pond Cleanup	#6527

Live Oak Lake CDD Pond Cleanup	#6527

Live Oak Lake CDD Pond Cleanup	#6527

-	'
-	.. .-

Live Oak Lake CDD Pond Cleanup	#6527

---'�======�! -�-...-....._�_�5--

Live Oak Lake CDD Pond Cleanup	#6527

Manager Signature:
No signature given.

G) WORK ORDER INFO
Created by: Jarett Wright on 06/16/2026, 11:00 AM Last updated on 07/08/2026, 3:07 PM
Signed off by

Date

Section D

Section 1

Live Oak Lake
Community Development District

Unaudited Financial Reporting
June 30, 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
June 30, 2026

	General		Impact Fee		Debt Service	Capital Projects		Totals	
	Fund		Fund		Fund		Fund			Governmental Funds	
Assets:												
Cash:												
Operating Account	$	559,975	$	104,541	$	-	$	-		$	664,516	
Due from Impact Fee Fund	$	42,802	$	-	$	-	$	-		$	42,802	
Due from General Fund	$	-	$	-	$	31,145	$	-		$	31,145	
Deposits	$	480	$	-	$	-	$	-		$	480	
Investments:												
Bank United	$	19,279	$	-	$	-	$	-		$	19,279	
Series 2016												
Reserve	$	-	$	-	$	475,903	$	-		$	475,903	
Revenue	$	-	$	-	$	585,881	$	-		$	585,881	
Prepayment	$	-	$	-	$	438	$	-		$	438	
Series 2020												
Reserve	$	-	$	-	$	988,440	$	-		$	988,440	
Revenue	$	-	$	-	$	261,367	$	-		$	261,367	
Prepayment	$	-	$	-	$	474	$	-		$	474	
Construction	$	-	$	-	$	-	$		89	$	89	
Total Assets	$	622,535	$	104,541	$	2,343,647	$		89	$	3,070,812	
Liabilities:												
Accounts Payable	$	18,137	$	-	$	-	$	-		$	18,137	
Due to Debt Service	$	31,145	$	-	$	-	$	-		$	31,145	
Due to General Fund	$	-	$	42,802	$	-	$	-		$	42,802	
Total Liabilites	$	49,281.13	$	42,802	$	-	$	-	$	92,083	
Fund Balance:												
Nonspendable:												
Prepaid Items	$	480	$	-	$	-	$	-		$	480	
Restricted for:												
Impact Fee	$	-	$	61,740	$	-	$	-		$	61,740	
Debt Service - Series 2016	$	-	$	-	$	1,086,586	$	-		$	1,086,586	
Debt Service - Series 2020	$	-	$	-	$	1,257,061	$	-		$	1,257,061	
Capital Projects - Series 2020	$	-	$	-	$	-	$		89	$	89	
Unassigned	$	572,774	$	-	$	-	$	-		$	572,774	
Total Fund Balances	$	573,254	$	61,740	$	2,343,647	$		89	$	2,978,729	
												
Total Liabilities & Fund Balance	$	622,535	$	104,541	$	2,343,647	$		89	$	3,070,812	

Live Oak Lake
Community Development District General Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending June 30, 2026

	Adopted	Prorated Budget		Actual		
		Budget	Thru 06/30/26	Thru 06/30/26		Variance	
Revenues:									
Assessments - Tax Collector (Net)	$	686,439	$	686,439	$	688,477	$	2,037	
Direct Assessment - Pulte	$	76,824	$	76,824	$	76,824	$	-	
Direct Assessment - NLV	$	202,223	$	202,223	$	202,223	$	-	
Interest Income	$	-	$	-	$	510	$	510	
Total Revenues	$	965,487	$	965,487	$	968,034	$	2,547	
Expenditures:									
General & Administrative:									
Supervisor Fees	$	12,000	$	9,000	$	4,200	$	4,800	
FICA Expense	$	918	$	689	$	321	$	367	
Engineering	$	15,000	$	11,250	$	6,750	$	4,500	
Dissemination	$	5,408	$	4,056	$	4,056	$	(0)	
Dissemination-Amortization Schedules	$	-	$	-	$	200	$	(200)	
Assessment Roll	$	5,408	$	5,408	$	5,408	$	(1)	
Property Appraiser	$	600	$	600	$	1,234	$	(634)	
Arbitrage	$	1,150	$	863	$	-	$	863	
Attorney	$	25,000	$	18,750	$	9,040	$	9,710	
Annual Audit	$	5,300	$	5,300	$	5,300	$	-	
Trustee Fees	$	8,869	$	8,869	$	8,485	$	383	
Management Fees	$	43,775	$	32,831	$	32,831	$	(0)	
Information Technology	$	1,947	$	1,460	$	1,460	$	(0)	
Postage	$	1,450	$	1,088	$	1,789	$	(701)	
Copies	$	250	$	188	$	21	$	167	
Rentals and Leases	$	3,600	$	2,700	$	1,302	$	1,398	
Insurance	$	7,814	$	7,814	$	6,893	$	921	
Legal Advertising	$	2,500	$	1,875	$	642	$	1,233	
Other Current Charges	$	350	$	263	$	-	$	263	
Office Supplies	$	100	$	75	$	47	$	28	
Dues, Licenses & Subscriptions	$	175	$	175	$	175	$	-	
Website Hosting/Compliance	$	1,260	$	945	$	2,695	$	(1,750)	
Total General & Administrative	$	142,872	$	114,196	$	92,849	$	21,347	

Live Oak Lake
Community Development District General Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending June 30, 2026

	Adopted	Prorated Budget	Actual		
	Budget	Thru 06/30/26	Thru 06/30/26	Variance	
Operations & Maintenance					
Field Expenditures
Field Management	
$	17,365	
$	13,024	
$	13,024	
$	(0)	
Property Insurance	$	4,374	$	4,374	$	3,764	$	610	
Aquatic Control	$	55,000	$	41,250	$	41,098	$	152	
Mitigation Maintenance	$	-	$	-	$	-	$	-	
Midge Management	$	105,000	$	78,750	$	74,508	$	4,242	
Contingency	$	29,384	$	22,038	$	330	$	21,708	
Landscape Maintenance	$	282,000	$	211,500	$	197,908	$	13,592	
Landscaping Replacements	$	50,000	$	37,500	$	6,766	$	30,734	
Pond Fountain Maintenance	$	15,000	$	11,250	$	2,699	$	8,551	
Irrigation Consultant Services	$	6,000	$	4,500	$	-	$	4,500	
Irrigation Repairs	$	15,000	$	11,250	$	18,787	$	(7,537)	
General Repairs and Maintenance	$	15,000	$	11,250	$	-	$	11,250	
Electricity-Street Lights	$	50,892	$	38,169	$	35,075	$	3,093	
Electricity-Fountains	$	57,600	$	43,200	$	516	$	42,684	
Water-Irrigation	$	100,000	$	75,000	$	75,400	$	(400)	
Capital Reserve	$	20,000	$	15,000	$	-	$	15,000	
Subtotal Field Expenditures	$	822,614	$	618,054	$	469,875	$	148,179	
					
Total Operations & Maintenance	$	822,614	$	618,054	$	469,875	$	148,179	
					
Total Expenditures	$	965,487	$	732,250	$	562,724	$	169,526	
					
Excess (Deficiency) of Revenues over Expenditures	$	-		$	405,310		
					
Net Change in Fund Balance	$	-		$	405,310		
					
Fund Balance - Beginning	$	-		$	167,944		
					
Fund Balance - Ending	$	-		$	573,254		

Live Oak Lake
Community Development District Impact Fee Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending June 30, 2026

	Adopted	Prorated Budget	Actual		
	Budget	Thru 06/30/26	Thru 06/30/26	Variance	
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		

Live Oak Lake
Community Development District Debt Service Fund Series 2016
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending June 30, 2026

	Adopted	Prorated Budget	Actual		
	Budget	Thru 06/30/26	Thru 06/30/26	Variance	
Revenues:					
Assessments - Tax Roll	$	954,030	$	954,030	$	955,894	$	1,864	
Interest	$	5,000	$	3,750	$	29,569	$	25,819	
Total Revenues	$	959,030	$	957,780	$	985,463	$	27,684	
Expenditures:					
Interest - 11/1	$	300,994	$	300,994	$	300,994	$	-	
Special Call - 11/1	$	-	$	-	$	15,000	$	(15,000)	
Principal - 5/1	$	355,000	$	355,000	$	355,000	$	-	
Interest - 5/1	$	300,994	$	300,994	$	300,653	$	341	
Total Expenditures	$	956,988	$	956,988	$	971,647	$	(14,659)	
					
Excess (Deficiency) of Revenues over Expenditures	$	2,042		$	13,816		
Other Financing Sources/(Uses):					
Transfer In/(Out)	$	-	$	-	$	54	$	54	
Total Other Financing Sources/(Uses)	$	-	$	-	$	54	$	54	
					
Net Change in Fund Balance	$	2,042		$	13,870		
					
Fund Balance - Beginning	$	576,849		$ 1,072,716		
					
Fund Balance - Ending	$	578,891		$ 1,086,586		

Live Oak Lake
Community Development District Debt Service Fund Series 2020
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending June 30, 2026

	Adopted	Prorated Budget	Actual		
	Budget	Thru 06/30/26	Thru 06/30/26	Variance	
Revenues:					
Assessments - Tax Roll	$	143,562	$	143,562	$	456,593	$	313,031	
Assessments - Direct	$	846,376	$	262,579	$	262,579	$	-	
Assessments - Ppmt	$	-	$	-	$	14,361	$	14,361	
Interest	$	5,000	$	3,750	$	33,582	$	29,832	
Total Revenues	$	994,938	$	409,891	$	767,114	$	357,224	
Expenditures:					
Interest - 11/1	$	335,050	$	335,050	$	335,050	$	-	
Interest - 2/1	$	-	$	-	$	173	$	(173)	
Special Call - 2/1	$	-	$	-	$	15,000	$	(15,000)	
Principal - 5/1	$	325,000	$	325,000	$	325,000	$	-	
Interest - 5/1	$	335,050	$	335,050	$	334,705	$	345	
Total Expenditures	$	995,100	$	995,100	$ 1,009,928	$	(14,828)	
					
Excess (Deficiency) of Revenues over Expendit	$	(163)		$  (242,813)		
Other Financing Sources/(Uses):					
Transfer In/(Out)	$	-	$	-	$	2	$	2	
Total Other Financing Sources/(Uses)	$	-	$	-	$	2	$	2	
					
Net Change in Fund Balance	$	(163)		$  (242,811)		
					
Fund Balance - Beginning	$	505,154		$ 1,499,872		
					
Fund Balance - Ending	$	504,991		$ 1,257,061		

Live Oak Lake
Community Development District Capital Projects Fund Series 2016
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending June 30, 2026

Adopted	Prorated Budget	Actual	
Budget	Thru 06/30/26	Thru 06/30/26	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)	

$	-	$	

-	$	(54)	

$	(54)	
Total Other Financing Sources (Uses)	$	-	$	-	$	(54)	$	(54)	
				
Net Change in Fund Balance	$	-	$	(52)		
				
Fund Balance - Beginning	$	-	$	52		
				
Fund Balance - Ending	$	-	$	-		

Live Oak Lake
Community Development District Capital Projects Fund Series 2020
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending June 30, 2026

	Adopted	Prorated Budget	Actual		
	Budget	Thru 06/30/26	Thru 06/30/26	Variance	
Revenues
Interest	

$	-	$	-	$	2	

$	2	
Total Revenues	$	-	$	-	$	2	$	2	
Expenditures:
Capital Outlay	

$	-	$	-	$	-	

$	-	
Total Expenditures	$	-	$	-	$	-	$	-	
			
Excess (Deficiency) of Revenues over Expenditures	$	-	$	2		
Other Financing Sources/(Uses)
Transfer In/(Out)	

$	-	$	-	$	(2)	

$	(2)	
Total Other Financing Sources (Uses)	$	-	$	-	$	(2)	$	(2)	
			
Net Change in Fund Balance	$	-	$	(0)		
			
Fund Balance - Beginning	$	-	$	89		
			
Fund Balance - Ending	$	-	$	89		

Live Oak Lake
Community Development District Month to Month
FY 2026

	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  $	6,036  $	3,393  $	6,665  $	6,036  $	4,173  $	-	$	-	$	-	$	688,477	
Direct Assessment - Pulte	$	26,120  $	-	$	-	$	25,352  $	-	$	25,352  $	-	$	-	$	-	$	-	$	-	$	-	$	76,824	
Direct Assessment - NLV	$	68,756  $	-	$	-	$	66,734  $	-	$	66,734  $	-	$	-	$	-	$	-	$	-	$	-	$	202,223	
Interest Income	$	59  $	56  $	55  $	55  $	49  $	55  $	53  $	74  $	53  $	-	$	-	$	-	$	510	
Total Revenues	$	94,936  $	78,039  $	573,752  $	102,634  $	6,086  $	95,534  $	6,719  $	6,110  $	4,226  $		-  $		-  $		-  $	968,034	
Expenditures:																		
General & Administrative:																		
Supervisor Fees	$	-  $	800  $	-  $	800  $	400  $	-  $	800  $	600  $	800  $		-  $		-  $		-  $	4,200	
FICA Expense	$	-  $	61  $	-  $	61  $	31  $	-  $	61  $	46  $	61  $		-  $		-  $		-  $	321	
Engineering	$	335  $	335  $	-  $	-  $	1,005  $	-  $	838  $	4,238  $	-  $		-  $		-  $		-  $	6,750	
Dissemination	$	451  $	451  $	451  $	451  $	451  $	451  $	451  $	451  $	451  $		-  $		-  $		-  $	4,056	
Dissemination-Amortization Schedules	$	100  $	-  $	-  $	100  $	-  $	-  $	-  $	-  $	-  $		-  $		-  $		-  $	200	
Assessment Roll	$	5,408  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $		-  $		-  $		-  $	5,408	
Property Appraiser	$	-  $	-  $	-  $	-  $	1,234  $	-  $	-  $	-  $	-  $		-  $		-  $		-  $	1,234	
Arbitrage	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $		-  $		-  $		-  $	-	
Attorney	$	931  $	2,095  $	383  $	865  $	1,210  $	516  $	2,237  $	805  $	-  $		-  $		-  $		-  $	9,040	
Annual Audit	$	-  $	-  $	-  $	-  $	-  $	-  $	5,300  $	-  $	-  $		-  $		-  $		-  $	5,300	
Trustee Fees	$	4,041  $	4,445  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $		-  $		-  $		-  $	8,485	
Management Fees	$	3,648  $	3,648  $	3,648  $	3,648  $	3,648  $	3,648  $	3,648  $	3,648  $	3,648  $		-  $		-  $		-  $	32,831	
Information Technology	$	162  $	162  $	162  $	162  $	162  $	162  $	162  $	162  $	162  $		-  $		-  $		-  $	1,460	
Postage	$	101  $	91  $	375  $	255  $	227  $	209  $	187  $	144  $	200  $		-  $		-  $		-  $	1,789	
Copies	$	2  $	-  $	-  $	-  $	15  $	3  $	1  $	-  $	-  $		-  $		-  $		-  $	21	
Rentals and Leases	$	-  $	-  $	401  $	-  $	450  $	-  $	-  $	251  $	200  $		-  $		-  $		-  $	1,302	
Insurance	$	6,893  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $		-  $		-  $		-  $	6,893	
Legal Advertising	$	-  $	264  $	-  $	189  $	-  $	-  $	-  $	-  $	188  $		-  $		-  $		-  $	642	
Other Current Charges	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $		-  $		-  $		-  $	-	
Office Supplies	$	0  $	0  $	-  $	0  $	-  $	45  $	0  $	0  $	0  $		-  $		-  $		-  $	47	
Dues, Licenses & Subscriptions	$	175  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $		-  $		-  $		-  $	175	
Website Hosting/Compliance	$	105  $	105  $	105  $	105  $	105  $	1,855  $	105  $	105  $	105  $		-  $		-  $		-  $	2,695	
Total Administrative	$	22,352  $	12,457  $	5,524  $	6,637  $	8,937  $	6,889  $	13,789  $	10,449  $	5,815  $		-  $		-  $		-  $	92,849	

Live Oak Lake
Community Development District Month to Month
FY 2026

	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	
$	
1,447  $	
1,447  $	
1,447  $	
1,447  $	
1,447  $	
1,447  $	
1,447  $	
1,447  $	
1,447  $	
-  $	
-  $	
-  $	
13,024	
Property Insurance	$	3,764  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	3,764	
Aquatic Control	$	4,375  $	4,491  $	4,491  $	5,284  $	4,491  $	4,491  $	4,491  $	4,491  $	4,491  $	-  $	-  $	-  $	41,098	
Mitigation Maintenance	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-	
Midge Management	$	3,529  $	4,580  $	14,859  $	7,075  $	16,854  $	6,579  $	7,874  $	6,579  $	6,579  $	-  $	-  $	-  $	74,508	
Contingency	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	330  $	-  $	-  $	-  $	-  $	330	
Landscape Maintenance	$	21,700  $	21,700  $	21,700  $	22,135  $	22,135  $	22,135  $	22,135  $	22,135  $	22,135  $	-  $	-  $	-  $	197,908	
Landscaping Replacements	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	6,766  $	-  $	-  $	-  $	-  $	6,766	
Pond Fountain Maintenance	$	-  $	900  $	-  $	-  $	900  $	-  $	-  $	900  $	-  $	-  $	-  $	-  $	2,699	
Irrigation Consultant Services	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-	
Irrigation Repairs	$	9,718  $	-  $	-  $	-  $	4,002  $	1,749  $	1,518  $	1,799  $	-  $	-  $	-  $	-  $	18,787	
General Repairs and Maintenance	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-	
Electricity-Street Lights	$	3,873  $	3,902  $	3,866  $	3,924  $	3,902  $	3,888  $	3,902  $	3,916  $	3,902  $	-  $	-  $	-  $	35,075	
Electricity-Fountains	$	58  $	58  $	57  $	58  $	57  $	57  $	57  $	57  $	57  $	-  $	-  $	-  $	516	
Water-Irrigation	$	9,012  $	11,978  $	11,376  $	9,408  $	13,579  $	9,952  $	2,942  $	1,159  $	5,994  $	-  $	-  $	-  $	75,400	
Capital Reserve	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $
$	-
-	
Total Field	$	57,477  $	49,056  $	57,796  $	49,330  $	67,366  $	50,298  $	44,367  $	49,579  $	44,605  $	-  $	-  $	-  $	469,875	
															
Total Expenditures	$	79,829  $	61,513  $	63,321  $	55,967  $	76,303  $	57,187  $	58,156  $	60,029  $	50,420  $	-  $	-  $	-  $	562,724	
															
Excess (Deficiency) of Revenues over Expenditures	$	15,107  $	16,526  $	510,431  $	46,667  $	(70,217)  $	38,347  $	(51,437)  $	(53,919)  $	(46,194)  $	-  $	-  $	-  $	405,310	

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:	
Remain In Revenue Fund		
Reserve Fund Definition:	Maximum Annual Debt Assessments		
Reserve Fund Requirement:	$955,025.00		
Reserve Fund Balance:	$475,903.13		
Bonds outstanding - 9/30/2025		$13,150,000.00	
Less:	May 1, 2026 (Mandatory)	($355,000.00)	
Less:	November 1, 2025 (Special Call)	($15,000.00)	
Current Bonds Outstanding		$12,780,000.00	
	
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:	
Remain In Revenue Fund		
Reserve Fund Definition:	Maximum Annual Debt Assessments		
Reserve Fund Requirement:	$989,553.13		
Reserve Fund Balance:	$988,440.00		

Bonds outstanding - 9/30/2025		
$15,080,000.00	
Less:	February 1, 2026 (Special Call)	($15,000.00)	
Less:	May 1, 2026 (Mandatory)	($325,000.00)	
Current Bonds Outstanding		$14,740,000.00	

Total Current Bonds Outstanding	$27,520,000.00

Page 11

Section 2

BOARD OF SUPERVISORS MEETING DATES
LIVE OAK LAKE COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2027
The Board of Supervisors of the Live Oak Lake Community Development District will hold their regular meetings for Fiscal Year 2027 on the 3rd Thursday of each month, at 2:00 p.m. at the Twin Lakes Clubhouse, 49231 Twin Lakes Blvd., St. Cloud, FL 34772 unless otherwise indicated as follows:
October 15, 2026
November 19, 2026
December 17, 2026
January 21, 2027
February 18, 2027
March 18, 2027
April 15, 2027
May 20, 2027
June 17, 2027
July 15, 2027
August 19, 2027
September 16, 2027

The meetings are open to the public and will be conducted in accordance with the provision of Florida Law for Community Development Districts. The meetings may be continued to a date, time, and place to be specified on the record at the meeting. A copy of the agenda for these meetings may be obtained from Governmental Management Services - Central Florida, LLC, 219
E. Livingston Street, Orlando, Florida 32801 or by calling (407) 841-5524.

There may be occasions when one or more Supervisors or staff will participate by telephone. Pursuant to provisions of the Americans with Disabilities Act, any person requiring special accommodations at this meeting because of a disability or physical impairment should contact the District Office at (407) 841-5524 at least 48 hours prior to the meeting. If you are hearing or speech impaired, please contact the Florida Relay Service by dialing 7-1-1, or 1-800-955-8771 (TTY) / 1-800-955-8770 (Voice), for aid in contacting the District Office.
A person who decides to appeal any decision made at the meeting with respect to any matter considered at the meeting is advised that person will need a record of the proceedings and that accordingly, the person may need to ensure that a verbatim record of the proceedings is made, including the testimony and evidence upon which such appeal is to be based.

District Manager

Section 3

SECTION a.

Live Oak Lake Community Development District Performance Measures/Standards &
Annual Reporting Form
October 1, 2025 – September 30, 2026

 Community Communication and Engagement
Goal 1.1: Public Meetings Compliance
Objective: Hold at least three regular Board of Supervisor meetings per year to conduct CDD related business and discuss community needs.
Measurement: Number of public board meetings held annually as evidenced by meeting minutes and legal advertisements.
Standard: A minimum of three board meetings were held during the Fiscal Year.
Achieved: Yes ☐ No ☐

Goal 1.2: Notice of Meetings Compliance
Objective: Provide public notice of each meeting at least seven days in advance, as specified in Section 190.007(1), using at least two communication methods.
Measurement: Timeliness and method of meeting notices as evidenced by posting to CDD website, publishing in local newspaper and via electronic communication. Standard: 100% of meetings were advertised with 7 days notice per statute on at least two mediums (i.e., newspaper, CDD website, electronic communications).
Achieved: Yes ☐ No ☐

Goal 1.3: Access to Records Compliance
Objective: Ensure that meeting minutes and other public records are readily available and easily accessible to the public by completing monthly CDD website checks.
Measurement: Monthly website reviews will be completed to ensure meeting minutes and other public records are up to date as evidenced by District Management’s records.
Standard: 100% of monthly website checks were completed by District Management.
Achieved: Yes ☐ No ☐

 Infrastructure and Facilities Maintenance
Goal 2.1: Field Management and/or District Management Site Inspections
Objective: Field manager and/or district manager will conduct inspections per
District Management services agreement to ensure safety and proper functioning of the District’s infrastructure.
Measurement: Field manager and/or district manager visits were successfully completed per management agreement as evidenced by field manager and/or district manager’s reports, notes or other record keeping method.
Standard: 100% of site visits were successfully completed as described within district management services agreement
Achieved: Yes ☐ No ☐

Goal 2.2: District Infrastructure and Facilities Inspections
Objective: District Engineer will conduct an annual inspection of the District’s infrastructure and related systems.
Measurement: A minimum of one inspection completed per year as evidenced by district engineer’s report related to district’s infrastructure and related systems.
Standard: Minimum of one inspection was completed in the Fiscal Year by the district’s engineer.
Achieved: Yes ☐ No ☐

 Financial Transparency and Accountability
Goal 3.1: Annual Budget Preparation
Objective: Prepare and approve the annual proposed budget by June 15 and final budget was adopted by September 30 each year.
Measurement: Proposed budget was approved by the Board before June 15 and final budget was adopted by September 30 as evidenced by meeting minutes and budget documents listed on CDD website and/or within district records.
Standard: 100% of budget approval & adoption were completed by the statutory deadlines and posted to the CDD website.
Achieved: Yes ☐ No ☐

Goal 3.2: Financial Reports
Objective: Publish to the CDD website the most recent versions of the following documents: Annual audit, current fiscal year budget with any amendments, and most recent financials within the latest agenda package.
Measurement: Annual audit, previous years’ budgets, and financials are accessible to the public as evidenced by corresponding documents on the CDD’s website.
Standard: CDD website contains 100% of the following information: Most recent annual audit, most recent adopted/amended fiscal year budget, and most recent agenda package with updated financials.
Achieved: Yes ☐ No ☐

Goal 3.3: Annual Financial Audit
Objective: Conduct an annual independent financial audit per statutory
requirements and publish the results to the CDD website for public inspection, and transmit to the State of Florida.
Measurement: Timeliness of audit completion and publication as evidenced by meeting minutes showing board approval and annual audit is available on the CDD’s website and transmitted to the State of Florida.
Standard: Audit was completed by an independent auditing firm per statutory requirements and results were posted to the CDD website and transmitted to the State of Florida.
Achieved: Yes ☐ No ☐
Goal 3.4: Annual Budget Preparation
Objective: Determine feasibility of developer or significant landowner contribution for operation and maintenance of the District.
Measurement: Prior to the Proposed Fiscal Year 2027 Budget being presented to the Board of Supervisors, the District Manager will make contact with the developer and/or significant landowners to determine if they are willing to make voluntary contribution for the operation and maintenance of the District.
Standard: Irrespective of developer or landowner contribution, a balanced
proposed budget will be presented to the Board for consideration prior to June 15, 2026.
Achieved: Yes ☐ No ☐

Chair/Vice Chair:		Date:	 Print Name:	 
	Community Development District

District Manager:		Date:	 Print Name:	 
	Community Development District

SECTION b.

Live Oak Lake Community Development District Performance Measures/Standards &
Annual Reporting Form
October 1, 2026 – September 30, 2027

 Community Communication and Engagement
Goal 1.1: Public Meetings Compliance
Objective: Hold at least three regular Board of Supervisor meetings per year to conduct CDD related business and discuss community needs.
Measurement: Number of public board meetings held annually as evidenced by meeting minutes and legal advertisements.
Standard: A minimum of three board meetings were held during the Fiscal Year.
Achieved: Yes ☐ No ☐

Goal 1.2: Notice of Meetings Compliance
Objective: Provide public notice of each meeting at least seven days in advance, as specified in Section 190.007(1), using at least two communication methods.
Measurement: Timeliness and method of meeting notices as evidenced by posting to CDD website, publishing in local newspaper and via electronic communication. Standard: 100% of meetings were advertised with 7 days notice per statute on at least two mediums (i.e., newspaper, CDD website, electronic communications).
Achieved: Yes ☐ No ☐

Goal 1.3: Access to Records Compliance
Objective: Ensure that meeting minutes and other public records are readily available and easily accessible to the public by completing monthly CDD website checks.
Measurement: Monthly website reviews will be completed to ensure meeting minutes and other public records are up to date as evidenced by District Management’s records.
Standard: 100% of monthly website checks were completed by District Management.
Achieved: Yes ☐ No ☐

 Infrastructure and Facilities Maintenance
Goal 2.1: Field Management and/or District Management Site Inspections
Objective: Field manager and/or district manager will conduct inspections per
District Management services agreement to ensure safety and proper functioning of the District’s infrastructure.
Measurement: Field manager and/or district manager visits were successfully completed per management agreement as evidenced by field manager and/or district manager’s reports, notes or other record keeping method.
Standard: 100% of site visits were successfully completed as described within district management services agreement
Achieved: Yes ☐ No ☐

Goal 2.2: District Infrastructure and Facilities Inspections
Objective: District Engineer will conduct an annual inspection of the District’s infrastructure and related systems.
Measurement: A minimum of one inspection completed per year as evidenced by district engineer’s report related to district’s infrastructure and related systems.
Standard: Minimum of one inspection was completed in the Fiscal Year by the district’s engineer.
Achieved: Yes ☐ No ☐

 Financial Transparency and Accountability
Goal 3.1: Annual Budget Preparation
Objective: Prepare and approve the annual proposed budget by June 15 and final budget was adopted by September 30 each year.
Measurement: Proposed budget was approved by the Board before June 15 and final budget was adopted by September 30 as evidenced by meeting minutes and budget documents listed on CDD website and/or within district records.
Standard: 100% of budget approval & adoption were completed by the statutory deadlines and posted to the CDD website.
Achieved: Yes ☐ No ☐

Goal 3.2: Financial Reports
Objective: Publish to the CDD website the most recent versions of the following documents: Annual audit, current fiscal year budget with any amendments, and most recent financials within the latest agenda package.
Measurement: Annual audit, previous years’ budgets, and financials are accessible to the public as evidenced by corresponding documents on the CDD’s website.
Standard: CDD website contains 100% of the following information: Most recent annual audit, most recent adopted/amended fiscal year budget, and most recent agenda package with updated financials.
Achieved: Yes ☐ No ☐

Goal 3.3: Annual Financial Audit
Objective: Conduct an annual independent financial audit per statutory
requirements and publish the results to the CDD website for public inspection, and transmit to the State of Florida.
Measurement: Timeliness of audit completion and publication as evidenced by meeting minutes showing board approval and annual audit is available on the CDD’s website and transmitted to the State of Florida.
Standard: Audit was completed by an independent auditing firm per statutory requirements and results were posted to the CDD website and transmitted to the State of Florida.
Achieved: Yes ☐ No ☐
Goal 3.4: Annual Budget Preparation
Objective: Determine feasibility of developer or significant landowner contribution for operation and maintenance of the District.
Measurement: Prior to the Proposed Fiscal Year 2027 Budget being presented to the Board of Supervisors, the District Manager will make contact with the developer and/or significant landowners to determine if they are willing to make voluntary contribution for the operation and maintenance of the District.
Standard: Irrespective of developer or landowner contribution, a balanced
proposed budget will be presented to the Board for consideration prior to June 15, 2026.
Achieved: Yes ☐ No ☐

Chair/Vice Chair:		Date:	 Print Name:	 
	Community Development District

District Manager:		Date:	 Print Name:	 
	Community Development District