Scenic Terrace South Community Development District

Meeting Agenda August 20, 2025

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Scenic Terrace South
Community Development District

219 E. Livingston St., Orlando, Florida 32801 Phone: 407-841-5524 – Fax: 407-839-1526
August 13, 2025

Board of Supervisors Meeting
Scenic Terrace South Community Development District
Dear Board Members:

A Board of Supervisors meeting of the Scenic Terrace South Community Development District will be held on Wednesday, August 20, 2025 at 1:30 PM at the Offices of PRIME Community Management, 375 Avenue A SE, Winter Haven, FL 33880.

Zoom Video Link: https://us06web.zoom.us/j/81548181462
Zoom Call-In Number: 1-646-876-9923
Meeting ID: 815 4818 1462

Following is the advance agenda for the meeting:

Board of Supervisors Meeting

Roll Call
Public Comment Period (Public Comments are limited to three (3) minutes each)
Approval of Minutes of the May 21, 2025 Board of Supervisors Meeting
Public Hearing
Public Hearing on the Adoption of the Fiscal Year 2025/2026 Budget
Consideration of Resolution 2025-04 Adopting the District’s Fiscal Year 2025/2026 Budget and Appropriating Funds
Consideration of Resolution 2025-05 Imposing Special Assessments and Certifying an Assessment Roll
Consideration of Resolution 2025-06 Designation of a Regular Monthly Meeting Date, Time, and Location for Fiscal Year 2025/2026
Consideration of Resolution 2025-07 Designating a Date, Time, and Location for a Landowners’ Meeting and Election (Suggested Date: Wednesday, November 19, 2025— Regular Meeting Date) (Seat #2, Seat #3 & Seat #4)
Consideration of Resolution 2025-08 Spending Authorization Resolution
Consideration of Resolution 2025-09 Adopting Amended Amenity Rules
Presentation of Fiscal Year 2024 Audit Report
Goals and Objectives
Adoption of Fiscal Year 2026 Goals & Objectives
Presentation of Fiscal Year 2025 Goals & Objectives and Authorizing Chair to Execute
Ratification of Phase 4 Conveyance Documents
Staff Reports
Attorney
Engineer
Field Manager’s Report
Consideration of Proposal for Installation of Solar Lights at Mailbox Areas

District Manager’s Report
Approval of Amenity Policy Clarification Regarding Access Card Issuance
Approval of Check Register
Balance Sheet & Income Statement
Other Business
Supervisors Requests and Audience Comments
Adjournment

MINUTES

MINUTES OF MEETING SCENIC TERRACE SOUTH
COMMUNITY DEVELOPMENT DISTRICT

The regular meeting of the Board of Supervisors of the Scenic Terrace South Community Development District was held Wednesday, May 21, 2025, at 1:30 p.m. at Holiday Inn – Winter Haven, 200 Cypress Gardens Blvd., Winter Haven, Florida.

Present and constituting a quorum:

Rennie Heath	Chairman
Bobbie Henley	Assistant Secretary
Lindsey Roden	Assistant Secretary Also present were:
Jill Burns	District Manager, GMS
Katie O’Rourke	District Manager, GMS
Meredith Hammock	District Counsel, Kilinski Van Wyk Savannah Hancock by Zoom	District Counsel, Kilinski Van Wyk Rey Malave by Zoom	District Engineer, Dewberry
Chase Arrington by Zoom	District Engineer, Dewberry
Clayton Smith by Zoom	Field Manager, GMS

FIRST ORDER OF BUSINESS	Roll Call
Ms. Burns called the meeting to order at 1:30 p.m. and called the roll. Three Supervisors were present constituting a quorum.

SECOND ORDER OF BUSINESS	Public Comment Period
There were no members of the public present and none joining by Zoom.

THIRD ORDER OF BUSINESS	Approval of Minutes of the February 19,
2025 Board of Supervisors Meeting
Ms. Burns presented the minutes from the February 19, 2025 Board of Supervisors meeting and asked for any comments, corrections, or changes. The Board had no changes to the minutes.

May 21, 2025	Scenic Terrace South CDD

On MOTION by Mr. Heath, seconded by Ms. Roden, with all in favor, the Minutes of the February 19, 2025 Board of Supervisors Meeting, were approved.

FOURTH ORDER OF BUSINESS	Consideration	of	Resolution	2025-03
Approving the Proposed Fiscal Year 2025/2026 Budget and Setting the Public Hearing on the Adoption of the Fiscal Year 2025/2026 Budget (Suggested Date: August 20, 2025)
Ms. Burns stated the public hearing will be August 20th at the Prime HOA office. There is no proposed increase for the upcoming fiscal year. She noted that a lot of the costs for the District were accounted for in the current year budget. The security line item was lowered based on the actual contracts allowed. A reserve transfer is listed. She offered to answer any questions on the line items.

On MOTION by Ms. Roden, seconded by Mr. Heath, with all in favor, Resolution 2025-03 Approving the Proposed Fiscal Year 2025/2026 Budget and Setting the Public Hearing on the Adoption of the Fiscal Year 2025/2026 Budget (Suggested Date: August 20, 2025), was approved.

FIFTH ORDER OF BUSINESS	Discussion Regarding Offer from Polk
Regional Water Cooperative
Ms. Hammock stated this is an easement for a water transmission pipeline. The value is around $17,450. Mr. Malave stated it’s an easement for the major lines coming through that are going to help Polk County with water service which will help in turn our developments. Mr. Heath asked if the CDD owns the land that they are giving an easement. Ms. Burns stated the maps and plats show it is CDD property. Ms. Burns noted they came with this package and this value for the easement, unsolicited with this information for the District. Nobody spoke to them or had any conversations prior to them sending this. Mr. Malave noted the value was based on an appraisal that was submitted together with the package.

On MOTION by Mr. Heath, seconded by Ms. Roden, with all in favor, the Offer from Polk County Regional Water Cooperative, was approved.

May 21, 2025	Scenic Terrace South CDD

SIXTH ORDER OF BUSINESS	Presentation of Arbitrage Rebate Report
from AMTEC for Series 2022 Project Bonds
Ms. Burns stated under the Trust Indenture this report is required and the District has to determine under internal revenue code that it does not earn more interest than it pays on the bonds. Page 4 of the report shows a negative amount.

On MOTION by Ms. Roden, seconded by Ms. Henley, with all in favor, the Acceptance of the Arbitrage Rebate Report from AMTEC for Series 2022 Project Bonds, was approved.

SEVENTH ORDER OF BUSINESS	Staff Reports
Attorney
Ms. Hammock reminded the Board of the ethics training due by December 31, 2025 and Form 1 due by July 1, 2025.

Engineer
Mr. Malave had nothing further to report.

Field Manager’s Report
Mr. Smith reviewed the Field Managers Report on page 149 of the agenda package.

District Manager’s Report
Approval of Check Register
Ms. Burns presented the check register included in the agenda package for review. She offered to take any questions.

On MOTION by Mr. Heath, seconded by Ms. Roden, with all in favor, the Check Register, was approved.

Balance Sheet & Income Statement
Ms. Burns stated financial statements through March are included in the package for review. These are for informational purposes.

May 21, 2025	Scenic Terrace South CDD

Presentation of Number of Registered Voters - 234
Ms. Burns stated there were 234 registered voters in the District as of April 18, 2025.

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

NINTH ORDER OF BUSINESS	Supervisors	Requests	and	Audience
Comments
There being no comments, the next item followed.

TENTH ORDER OF BUSINESS	Adjournment
Ms. Burns adjourned the meeting.

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

Secretary/Assistant Secretary	Chairman/Vice Chairman

Section IV

Section A

Section 1

RESOLUTION 2025-04

THE ANNUAL APPROPRIATION RESOLUTION OF THE SCENIC TERRACE SOUTH COMMUNITY DEVELOPMENT DISTRICT RELATING TO THE ANNUAL APPROPRIATIONS AND ADOPTING THE BUDGETS FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2025, AND ENDING SEPTEMBER 30, 2026; AUTHORIZING BUDGET AMENDMENTS; AND PROVIDING AN EFFECTIVE DATE.
WHEREAS, the District Manager has, prior to the fifteenth (15th) day in June, 2025, submitted to the Board of Supervisors (“Board”) of the Scenic Terrace South Community Development District (“District”) proposed budgets (“Proposed Budget”) for the fiscal year beginning October 1, 2025 and ending September 30, 2026 (“Fiscal Year 2026”) 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 governing authorities 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 thereon 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 at least two days before the public hearing; 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; and

WHEREAS, the District Manager has prepared a Proposed Budget, whereby the budget shall project the cash receipts and disbursements anticipated during a given time period, including reserves for contingencies for emergency or other unanticipated expenditures during the fiscal year.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE SCENIC TERRACE SOUTH COMMUNITY DEVELOPMENT DISTRICT:

SECTION 1. BUDGET

The Board has reviewed the Proposed Budget, a copy of which is on file with the office of the District Manager and at the District’s Local Records Office, and hereby approves certain amendments thereto, as shown in Section 2 below.

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 Scenic Terrace South Community Development District for the Fiscal Year Ending September 30, 2026.”

The Adopted Budget shall be posted by the District Manager on the District’s official website within thirty (30) days after adoption, 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 Fiscal Year 2026, the sum of $	 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 in the following fashion:
TOTAL GENERAL FUND	$	 DEBT SERVICE FUND (SERIES 2022)	$	 DEBT SERVICE FUND (SERIES 2023)	$	 CAPITAL RESERVE FUND	$	
TOTAL ALL FUNDS	$	

SECTION 3. BUDGET AMENDMENTS

Pursuant to Section 189.016, Florida Statutes, the District at any time within Fiscal Year 2026 or within sixty (60) days following the end of the Fiscal Year 2026 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 paragraph c. above are posted on the District’s website within five (5) days after adoption and remain on the website for at least two (2) years.

SECTION 4. EFFECTIVE DATE. This Resolution shall take effect immediately upon adoption.
PASSED AND ADOPTED THIS 20TH DAY OF AUGUST 2025.

ATTEST:	SCENIC TERRACE SOUTH
COMMUNITY DEVELOPMENT DISTRICT

Secretary/Assistant Secretary

By:	 Its:	

Exhibit A:	Adopted Budget for Fiscal Year 2026

Scenic Terrace South
Community Development District

Proposed Budget
FY2026

6M3

Table of Contents

1-2	General Fund	

3-7	

General Fund Narrative	

8	

Capital Reserve Fund	

9	

Debt Service Fund - Series 2022	

10	

Amortization Schedule - Series 2022	

11	

Debt Service Fund - Series 2023	

12	

Amortization Schedule - Series 2023	

Scenic Terrace South
Community Development District Proposed Budget
General Fund

	Adopted
Budget		Actuals
Thru		Projected
Next		Projected
Thru		Proposed
Budget	
Description		FY2025		6/30/25		3 Months		9/30/25		FY2026	

Revenues											

Assessments - Tax Roll	
$	
691,023	
$	
696,844	
$	
-	
$	
696,844	
$	
691,023	
Contribution from Scenic Terrace North	$	58,325	$	58,325	$	-	$	58,325	$	47,115	
Interest	$	-	$	5,677	$	4,258	$	9,935	$	-	
Miscellaneous Income	$	-	$	90	$	-	$	90	$	-	
Carryforward	$	-	$	107,951	$	-	$	107,951	$	-	
Total Revenues	$	749,348	$	868,887	$	4,258	$	873,145	$	738,138	

Expenditures											
General & Administrative											
Supervisor Fees	$	12,000	$	2,400	$	3,000	$	5,400	$	12,000	
FICA Expense	$	-	$	122	$	230	$	352	$	918	
Engineering	$	15,000	$	4,681	$	3,280	$	7,961	$	15,000	
Attorney	$	25,000	$	7,438	$	5,513	$	12,950	$	25,000	
Annual Audit	$	3,400	$	3,400	$	-	$	3,400	$	3,600	
Assessment Administration	$	5,250	$	5,250	$	-	$	5,250	$	5,408	
Arbitrage	$	900	$	900	$	-	$	900	$	900	
Dissemination	$	6,300	$	4,725	$	1,575	$	6,300	$	6,489	
Disclosure Software	$	-	$	3,000	$	-	$	3,000	$	3,000	
Trustee Fees	$	8,081	$	8,297	$	-	$	8,297	$	8,869	
Management Fees	$	42,500	$	31,875	$	10,625	$	42,500	$	43,775	
Information Technology	$	1,890	$	1,418	$	473	$	1,890	$	2,003	
Website Maintenance	$	1,260	$	945	$	315	$	1,260	$	1,298	
Postage & Delivery	$	1,000	$	1,512	$	504	$	2,016	$	2,700	
Insurance	$	5,720	$	5,564	$	-	$	5,564	$	7,610	
Copies	$	1,000	$	6	$	25	$	31	$	1,000	
Legal Advertising	$	3,500	$	-	$	3,500	$	3,500	$	2,500	
Contingencies	$	3,500	$	506	$	169	$	675	$	2,500	
Office Supplies	$	250	$	16	$	50	$	66	$	250	
Dues, Licenses & Subscriptions	$	175	$	175	$	-	$	175	$	175	
Total General & Administrative	$	136,726	$	82,229	$	29,257	$	111,486	$	144,994	

Operations & Maintenance											
Field Services											
Property Insurance - Field	$	15,302	$	10,591	$	-	$	10,591	$	10,837	
Field Management	$	15,000	$	11,250	$	3,750	$	15,000	$	15,450	
Landscape Maintenance	$	125,000	$	109,728	$	30,293	$	140,020	$	144,253	
Landscape Replacement	$	17,500	$	10,229	$	4,800	$	15,029	$	17,500	
Streetlights	$	45,000	$	24,904	$	13,500	$	38,404	$	49,500	
Electric	$	15,000	$	4,271	$	13,425	$	17,696	$	17,696	
Water & Sewer	$	-	$	29,140	$	13,500	$	42,640	$	46,904	
Sidewalk & Asphalt Maintenance	$	2,500	$	-	$	-	$	-	$	-	
Irrigation Repairs	$	7,500	$	9,714	$	3,238	$	12,952	$	10,000	
General Repairs & Maintenance	$	12,500	$	9,992	$	2,508	$	12,500	$	12,500	
Holiday Lighting	$	-	$	-	$	-	$	-	$	10,000	
Contingency	$	10,000	$	129,725	$	5,000	$	134,725	$	12,500	
Subtotal Field Expenses	$	265,302	$	349,543	$	90,014	$	439,557	$	347,140	

Scenic Terrace South
Community Development District Proposed Budget
General Fund

	Adopted
Budget	Actuals
Thru		Projected
Next	Projected
Thru	Proposed
Budget	
Description	FY2025	6/30/25		3 Months	9/30/25	FY2026	

Amenity Expenses
Amenity - Electric	$	

15,000	

$	12,411	

$	

4,137  $	

16,548  $	

18,203	
Amenity - Water	$	7,500	$	4,214	$	9,065  $	13,279  $	14,607	
Playground Lease	$	72,600	$	28,184	$	9,395  $	37,579  $	37,584	
Internet	$	3,000	$	-	$	1,500  $	1,500  $	1,500	
Pest Control	$	720	$	900	$	300  $	1,200  $	1,300	
Janitorial Service	$	15,000	$	7,830	$	2,700  $	10,530  $	11,400	
Security Services	$	33,000	$	5,044	$	7,566  $	12,610  $	15,000	
Pool Maintenance	$	18,000	$	22,700	$	7,500  $	30,200  $	30,900	
Amenity Repairs & Maintenance	$	10,000	$	-	$	5,000  $	5,000  $	7,500	
Amenity Management	$	12,500	$	9,375	$	3,125  $	12,500  $	12,875	
Contingency	$	10,000	$	28,607	$	2,550  $	31,157  $	7,500	
Subtotal Amenity Expenses	$	197,320	$	119,265	$	52,837  $	172,103  $	158,369	
							
Total Operations & Maintenance	$	462,622	$	468,808	$	142,851  $	611,659  $	505,508	

Other Financing Sources/(Uses):							
Capital Reserves	$	150,000	$	-	$	150,000  $	150,000  $	87,635	
Total Other Financing Sources/(Uses)	$	150,000	$	-	$	150,000  $	150,000  $	87,635	
							
Total Expenditures	$	749,348	$	551,037	$	322,109  $	873,145  $	738,138	
							
Excess Revenues/(Expenditures)	$	-	$	317,851	$	(317,851)  $	(0)  $	-	
							
Product	Assessable	ERU/Unit	Total ERU's	Net Assessment Net Per Unit (7%)  Gross Per Unit	
Platted Lots	843	1.00	843.00		$691,022.94	$819.72	$881.42	
Total ERU's	843		843.00		$691,022.94			

Scenic Terrace South Community Development District General Fund Budget
Revenues:

Assessments

The District will levy a non-ad valorem assessment on all assessable property within the District to fund all general operating and maintenance expenditures during the fiscal year.

Contribution from Scenic Terrace North

The District has an interlocal agreement with Scenic Terrace North for shared amenity facilities with certain costs being allocated based upon the proportionate number of platted units in each District.

Expenditures:

General & Administrative:

Supervisor Fees

Chapter 190, Florida Statutes, allows for each Board member to receive $200 per meeting, not to exceed $4,800 per year paid to each Supervisor for the time devoted to District business and meetings.

FICA Expense

Represents the Employer’s share of Social Security and Medicare taxes withheld from Board of Supervisors checks.

Engineering

The District's engineer provides general engineering services to the District, e.g. attendance and preparation for monthly board meetings, review invoices and various projects as directed by the Board of Supervisors and the District Manager.

Attorney

The District's legal counsel provides general legal services to the District, e.g. attendance and preparation for meetings, preparation and review of agreements, resolutions, etc. as directed by the Board of Supervisors and the District Manager.

Annual Audit

The District is required by Florida Statutes to arrange for an independent audit of its financial records on an annual basis.

Assessment Administration

The District will contract to levy and administer the collection of non-ad valorem assessment on all assessable property within the District.

Arbitrage

The District will contract with an independent certified public accountant to annually calculate the District’s Arbitrage Rebate Liability on an anticipated bond issuance.

Scenic Terrace South Community Development District General Fund Budget

Dissemination

The District is required by the Security and Exchange Commission to comply with Rule 15c2-12(b)(5) which relates to additional reporting requirements for unrated bond issues. This cost is based upon an anticipated bond issuance.

Disclosure Software

The District has contracted with DTS to provide software platform for filing various reports required in accordance with the Continuing Disclosure Agreements for the various bond issue(s).

Trustee Fees

The District will incur trustee related costs with the issuance of its’ issued bonds.

Management Fees

The District receives Management, Accounting and Administrative services as part of a Management Agreement with Governmental Management Services-Central Florida, LLC. The services include but are not limited to, recording and transcription of board meetings, administrative services, budget preparation, all financial reports, annual audits, 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, positive pay implementation and programming for fraud protection, accounting software, tablets for meetings, Adobe, Microsoft Office, etc.

Website Maintenance

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

Postage & Delivery

The District incurs charges for mailing of Board meeting agenda packages, overnight deliveries, correspondence, etc.

Insurance

The District’s general liability and public official’s liability insurance coverages.

Copies

Printing and Binding agenda packages for board meetings, printing of computerized checks, stationary, envelopes, etc.

Legal Advertising

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

Contingencies

Bank charges and any other miscellaneous expenses incurred during the year.

Scenic Terrace South Community Development District General Fund Budget

Office Supplies

Any supplies that may need to be purchased during the fiscal year, e.g., paper, minute books, file folders, labels, paper clips, etc.

Dues, Licenses & Subscriptions

The District is required to pay an annual fee to the Florida Department of Economic Opportunity for $175. This is the only expense under this category for the District.

Operations & Maintenance:

Field Services

Property Insurance

The District’s property insurance coverages.

Field Management

Represents the estimated costs of contracting services that provide onsite field management of contracts for the District such as landscape and lake maintenance. Services can include onsite inspections, meetings with contractors, monitoring of utility accounts, attend Board meetings and receive and respond to property owner phone calls and emails.

Landscape Maintenance

Represents the estimated maintenance of the landscaping within the common areas of the District after the installation of landscape material has been completed.

Landscape Replacement

Represents the estimated cost of replacing landscaping within the common areas of the District.

Streetlights

Represents the cost to maintain street lights within the District Boundaries that are expected to be in place throughout the fiscal year.

Electric

Represents current and estimated electric charges of common areas throughout the District.

Water & Sewer

Represents current and estimated costs for water and refuse services provided for common areas throughout the District.

Irrigation Repairs

Represents the cost of maintaining and repairing the irrigation system. This includes the sprinklers, and irrigation wells.

General Repairs & Maintenance

Represents estimated costs for general repairs and maintenance of the District’s common areas.

Scenic Terrace South Community Development District General Fund Budget

Holiday Lighting

Represents costs for holiday lights of the District.

Contingency

Represents funds allocated to expenses that the District could incur throughout the fiscal year that do not fit into any field category.

Amenity Expenses

Amenity - Electric

Represents estimated electric charges for the District’s amenity facilities.

Amenity – Water

Represents estimated water charges for the District’s amenity facilities.

Playground Lease

Represents the cost of the District leasing playground equipment for the fiscal year.

Internet

Internet service will be added for use at the Amenity Center.

Pest Control

The District will incur costs for pest control treatments to its amenity facilities. Janitorial Services
Represents costs to provide janitorial services and supplies for the District’s amenity facilities. Security Services
Represents the cost of contracting a monthly security service for the District’s amenity facilities.

Pool Maintenance

Represents the costs of regular cleaning and treatments of the District’s pool.

Amenity Repairs & Maintenance

Represents estimated costs for repairs and maintenance of the District’s amenity facilities.

Amenity Management

Represents the cost of managing the monitoring access to the District’s amenity facilities.

Contingency

Represents funds allocated to expenses that the District could incur throughout the fiscal year that do not fit into any amenity category.

Scenic Terrace South Community Development District General Fund Budget

Other Financing Sources/(Uses)

Capital Reserve

Represents projected transfer out to the Capital Projects fund.

Scenic Terrace South
Community Development District Proposed Budget
Capital Reserve

	Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Proposed Budget	
Description	FY2025	6/30/25	3 Months	9/30/25	FY2026	

Revenues						
Carry Forward Surplus	$	-	$	-	$	-	$	-	$	150,000	
Total Revenues	$	-	$	-	$	-	$	-	$	150,000	

Expenditures

Capital Outlay	

$	1,000	

$	-	$	-	$	-	$	1,000	
Total Expenditures	$	1,000	$	-	$	-	$	-	$	1,000	

Other Sources/(Uses)					
Transfer In/(Out)	$	150,000	$	-	$	150,000	$	150,000	$	88,135	
Total Other Sources/(Uses)	$	150,000	$	-	$	150,000	$	150,000	$	88,135	
					
Excess Revenues/(Expenditures)	$	149,000	$	-	$	150,000	$	150,000	$	237,135	

Scenic Terrace South
Community Development District

Proposed Budget Debt Service Fund Series 2022

	Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Proposed Budget	
Description	FY2025	6/30/25	3 Months	9/30/25	FY2026	

Revenues						
Assessments - Tax Roll	$	1,078,703	$	1,087,885	$	-	$	1,087,885	$	1,078,703	
Interest Income	$	20,000	$	37,160	$	12,387	$	49,546	$	20,000	
Carry Forward Surplus *	$	706,421	$	603,309	$	-	$	603,309	$	656,455	
Total Revenues	$	1,805,124	$	1,728,353	$	12,387	$	1,740,740	$	1,755,159	

Expenditures						
Interest- 11/01	$	387,200	$	387,200	$	-	$	387,200	$	381,366	
Special Call - 11/01	$	-	$	5,000	$	-	$	5,000	$	-	
Principal - 05/01	$	305,000	$	305,000	$	-	$	305,000	$	315,000	
Interest - 05/01	$	387,200	$	387,084	$	-	$	387,084	$	381,366	
Total Expenditures	$	1,079,400	$	1,084,284	$	-	$	1,084,284	$	1,077,731	
						
Excess Revenues/(Expenditures)	$	725,724	$	644,069	$	12,387	$	656,455	$	677,427	

*Carry forward less amount in Reserve funds.						
				Series 2022 Interest - 11/01	
$375,459	
Product	Assessable Units	Net Assessment	Net Per Unit	Gross Per Unit		
Single Family	744	$1,078,703	$1,449.87	$1,559.00		
Total ERU's	744	$1,078,703				

Scenic Terrace South Community Development District Series 2022 Special Assessment Bonds Amortization Schedule

DATE		BALANCE		PRINCIPAL		INTEREST		TOTAL	
									
11/01/25	$	18,300,000.00	$	-	$	381,365.63	$	1,073,450.01	
05/01/26	$	19,590,000.00	$	315,000.00	$	381,365.63	$	-	
11/01/26	$	19,590,000.00	$	-	$	375,459.38	$	1,071,825.01	
05/01/27	$	19,590,000.00	$	330,000.00	$	375,459.38	$	-	
11/01/27	$	19,590,000.00	$	-	$	369,271.88	$	1,074,731.26	
05/01/28	$	19,590,000.00	$	345,000.00	$	369,271.88	$	-	
11/01/28	$	19,180,000.00	$	-	$	362,156.25	$	1,076,428.13	
05/01/29	$	19,180,000.00	$	355,000.00	$	362,156.25	$	-	
11/01/29	$	18,755,000.00	$	-	$	354,834.38	$	1,071,990.63	
05/01/30	$	18,755,000.00	$	370,000.00	$	354,834.38	$	-	
11/01/30	$	17,360,000.00	$	-	$	347,203.13	$	1,072,037.51	
05/01/31	$	17,360,000.00	$	385,000.00	$	347,203.13	$	-	
11/01/31	$	17,360,000.00	$	-	$	339,262.50	$	1,071,465.63	
05/01/32	$	17,360,000.00	$	405,000.00	$	339,262.50	$	-	
11/01/32	$	17,360,000.00	$	-	$	330,909.38	$	1,075,171.88	
05/01/33	$	17,360,000.00	$	420,000.00	$	330,909.38	$	-	
11/01/33	$	16,855,000.00	$	-	$	321,459.38	$	1,072,368.76	
05/01/34	$	16,855,000.00	$	440,000.00	$	321,459.38	$	-	
11/01/34	$	16,325,000.00	$	-	$	311,559.38	$	1,073,018.76	
05/01/35	$	16,325,000.00	$	460,000.00	$	311,559.38	$	-	
11/01/35	$	15,770,000.00	$	-	$	301,209.38	$	1,072,768.76	
05/01/36	$	15,770,000.00	$	480,000.00	$	301,209.38	$	-	
11/01/36	$	15,190,000.00	$	-	$	290,409.38	$	1,071,618.76	
05/01/37	$	15,190,000.00	$	505,000.00	$	290,409.38	$	-	
11/01/37	$	14,585,000.00	$	-	$	279,046.88	$	1,074,456.26	
05/01/38	$	14,585,000.00	$	530,000.00	$	279,046.88	$	-	
11/01/38	$	13,950,000.00	$	-	$	267,121.88	$	1,076,168.76	
05/01/39	$	13,950,000.00	$	550,000.00	$	267,121.88	$	-	
11/01/39	$	13,290,000.00	$	-	$	254,746.88	$	1,071,868.76	
05/01/40	$	13,290,000.00	$	575,000.00	$	254,746.88	$	-	
11/01/40	$	11,115,000.00	$	-	$	241,809.38	$	1,071,556.26	
05/01/41	$	11,115,000.00	$	605,000.00	$	241,809.38	$	-	
11/01/41	$	11,115,000.00	$	-	$	228,196.88	$	1,075,006.26	
05/01/42	$	11,115,000.00	$	630,000.00	$	228,196.88	$	-	
11/01/42	$	11,115,000.00	$	-	$	214,021.88	$	1,072,218.76	
05/01/43	$	11,115,000.00	$	660,000.00	$	214,021.88	$	-	
11/01/43	$	10,320,000.00	$	-	$	198,759.38	$	1,072,781.26	
05/01/44	$	10,320,000.00	$	690,000.00	$	198,759.38	$	-	
11/01/44	$	9,490,000.00	$	-	$	182,803.13	$	1,071,562.51	
05/01/45	$	9,490,000.00	$	725,000.00	$	182,803.13	$	-	
11/01/45	$	8,620,000.00	$	-	$	166,037.50	$	1,073,840.63	
05/01/46	$	8,620,000.00	$	760,000.00	$	166,037.50	$	-	
11/01/46	$	7,710,000.00	$	-	$	148,462.50	$	1,074,500.00	
05/01/47	$	7,710,000.00	$	795,000.00	$	148,462.50	$	-	
11/01/47	$	6,755,000.00	$	-	$	130,078.13	$	1,073,540.63	
05/01/48	$	6,755,000.00	$	835,000.00	$	130,078.13	$	-	
11/01/48	$	5,755,000.00	$	-	$	110,768.75	$	1,075,846.88	
05/01/49	$	5,755,000.00	$	870,000.00	$	110,768.75	$	-	
11/01/49	$	4,710,000.00	$	-	$	90,650.00	$	1,071,418.75	
05/01/50	$	4,710,000.00	$	915,000.00	$	90,650.00	$	-	
11/01/50	$	3,615,000.00	$	-	$	69,490.63	$	1,075,140.63	
05/01/51	$	3,615,000.00	$	955,000.00	$	69,490.63	$	-	
11/01/51	$	2,465,000.00	$	-	$	47,406.25	$	1,071,896.88	
05/01/52	$	2,465,000.00	$	1,000,000.00	$	47,406.25	$	-	
11/01/52	$	1,260,000.00	$	-	$	24,281.25	$	1,071,687.50	
05/01/53	$	1,260,000.00	$	1,050,000.00	$	24,281.25	$	1,074,281.25	
			$	16,955,000.00	$	13,477,562.70	$	31,124,647.08	

Scenic Terrace South
Community Development District

Proposed Budget Debt Service Fund Series 2023

	Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Proposed Budget	
Description	FY2025	6/30/25	3 Months	9/30/25	FY2026	

Revenues						
Assessments - Tax Roll	$	172,953	$	174,409	$	-	$	174,409	$	172,953	
Interest Income	$	2,000	$	5,702	$	1,901	$	7,603	$	2,000	
Carry Forward Surplus *	$	182,331	$	105,749	$	-	$	105,749	$	124,236	
Total Revenues	$	357,284	$	285,860	$	1,901	$	287,761	$	299,189	

Expenses						
Interest- 11/01	$	72,050	$	72,050	$	-	$	72,050	$	71,475	
Principal - 11/01	$	20,000	$	20,000	$	-	$	20,000	$	30,000	
Interest - 05/01	$	71,475	$	71,475	$	-	$	71,475	$	70,613	
Total Expenditures	$	163,525	$	163,525	$	-	$	163,525	$	172,088	
						
Excess Revenues/(Expenditures)	$	193,759	$	122,335	$	1,901	$	124,236	$	127,101	

*Carry forward less amount in Reserve funds.						
				Series 2023 Principal - 11/01	
$30,000	
Interest - 11/01 	$70,613	
	$100,613		
Product *	Assessable Units	Net Assessment	Net Per Unit	Gross Per Unit		
Single Family	99	$172,953	$1,747.00	$1,878.49		
Total	99	$	172,953				

Scenic Terrace South Community Development District Series 2023 Special Assessment Bonds Amortization Schedule

Date		Balance		Prinicpal		Interest		Total	
									
11/01/25	$	2,175,000.00	$	30,000.00	$	71,475.00	$	172,950.00	
05/01/26	$	2,145,000.00	$	-	$	70,612.50			
11/01/26	$	2,145,000.00	$	30,000.00	$	70,612.50	$	171,225.00	
05/01/27	$	2,115,000.00	$	-	$	69,750.00			
11/01/27	$	2,115,000.00	$	30,000.00	$	69,750.00	$	169,500.00	
05/01/28	$	2,085,000.00	$	-	$	68,887.50			
11/01/28	$	2,085,000.00	$	35,000.00	$	68,887.50	$	172,775.00	
05/01/29	$	2,050,000.00	$	-	$	67,881.25			
11/01/29	$	2,050,000.00	$	35,000.00	$	67,881.25	$	170,762.50	
05/01/30	$	2,015,000.00	$	-	$	66,875.00			
11/01/30	$	2,015,000.00	$	35,000.00	$	66,875.00	$	168,750.00	
05/01/31	$	1,980,000.00	$	-	$	65,868.75			
11/01/31	$	1,980,000.00	$	40,000.00	$	65,868.75	$	171,737.50	
05/01/32	$	1,940,000.00	$	-	$	64,568.75			
11/01/32	$	1,940,000.00	$	40,000.00	$	64,568.75	$	169,137.50	
05/01/33	$	1,900,000.00	$	-	$	63,268.75			
11/01/33	$	1,900,000.00	$	45,000.00	$	63,268.75	$	171,537.50	
05/01/34	$	1,855,000.00	$	-	$	61,806.25			
11/01/34	$	1,855,000.00	$	45,000.00	$	61,806.25	$	168,612.50	
05/01/35	$	1,810,000.00	$	-	$	60,343.75			
11/01/35	$	1,810,000.00	$	50,000.00	$	60,343.75	$	170,687.50	
05/01/36	$	1,760,000.00	$	-	$	58,718.75			
11/01/36	$	1,760,000.00	$	55,000.00	$	58,718.75	$	172,437.50	
05/01/37	$	1,705,000.00	$	-	$	56,931.25			
11/01/37	$	1,705,000.00	$	55,000.00	$	56,931.25	$	168,862.50	
05/01/38	$	1,650,000.00	$	-	$	55,143.75			
11/01/38	$	1,650,000.00	$	60,000.00	$	55,143.75	$	170,287.50	
05/01/39	$	1,590,000.00	$	-	$	53,193.75			
11/01/39	$	1,590,000.00	$	65,000.00	$	53,193.75	$	171,387.50	
05/01/40	$	1,525,000.00	$	-	$	51,081.25			
11/01/40	$	1,525,000.00	$	70,000.00	$	51,081.25	$	172,162.50	
05/01/41	$	1,455,000.00	$	-	$	48,806.25			
11/01/41	$	1,300,000.00	$	75,000.00	$	48,806.25	$	172,612.50	
05/01/42	$	1,215,000.00	$	-	$	46,368.75			
11/01/42	$	1,215,000.00	$	80,000.00	$	46,368.75	$	172,737.50	
05/01/43	$	1,215,000.00	$	-	$	43,768.75			
11/01/43	$	1,215,000.00	$	85,000.00	$	43,768.75	$	172,537.50	
05/01/44	$	1,215,000.00	$	-	$	41,006.25			
11/01/44	$	1,215,000.00	$	90,000.00	$	41,006.25	$	172,012.50	
05/01/45	$	1,125,000.00	$	-	$	37,968.75			
11/01/45	$	1,125,000.00	$	95,000.00	$	37,968.75	$	170,937.50	
05/01/46	$	1,030,000.00	$	-	$	34,762.50			
11/01/46	$	1,030,000.00	$	100,000.00	$	34,762.50	$	169,525.00	
05/01/47	$	930,000.00	$	-	$	31,387.50			
11/01/47	$	930,000.00	$	110,000.00	$	31,387.50	$	172,775.00	
05/01/48	$	820,000.00	$	-	$	27,675.00			
11/01/48	$	820,000.00	$	115,000.00	$	27,675.00	$	170,350.00	
05/01/49	$	705,000.00	$	-	$	23,793.75			
11/01/49	$	705,000.00	$	125,000.00	$	23,793.75	$	172,587.50	
05/01/50	$	580,000.00	$	-	$	19,575.00			
11/01/50	$	580,000.00	$	130,000.00	$	19,575.00	$	169,150.00	
05/01/51	$	450,000.00	$	-	$	15,187.50			
11/01/51	$	450,000.00	$	140,000.00	$	15,187.50	$	170,375.00	
05/01/52	$	310,000.00	$	-	$	10,462.50			
11/01/52	$	310,000.00	$	150,000.00	$	10,462.50	$	170,925.00	
05/01/53	$	160,000.00	$	-	$	5,400.00			
11/01/53	$	160,000.00	$	160,000.00	$	5,400.00	$	170,800.00	
			$	2,175,000.00	$	2,785,137.50	$	4,960,137.50	

Section 2

RESOLUTION 2025-05

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE SCENIC TERRACE SOUTH COMMUNITY DEVELOPMENT DISTRICT MAKING A DETERMINATION OF BENEFIT AND IMPOSING SPECIAL ASSESSMENTS FOR FISCAL YEAR 2026; 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 Scenic Terrace South 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; and
WHEREAS, the District is located in Polk 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, the Board of Supervisors (“Board”) of the District hereby determines to undertake various operations and maintenance and other activities described in the District’s budget (“Adopted Budget”) for the fiscal year beginning October 1, 2025, and ending September 30, 2026 (“Fiscal Year 2026”), attached hereto as Exhibit A and incorporated by reference herein; and
WHEREAS, the District must obtain sufficient funds to provide for the operation and maintenance of the services and facilities provided by the District as described in the Adopted Budget; and

WHEREAS, the provision of such services, facilities, and operations is a benefit to lands within the District; and
WHEREAS, Chapter 190, Florida Statutes, provides that the District may impose special assessments on benefitted lands within the District; and

WHEREAS, it is in the best interests of the District to proceed with the imposition of the special assessments for operations and maintenance in the amount set forth in the Adopted Budget; and

WHEREAS, the District has previously levied an assessment for debt service, which the District desires to collect for Fiscal Year 2026; and

WHEREAS, Chapter 197, Florida Statutes, provides a mechanism pursuant to which such special assessments may be placed on the tax roll and collected by the local tax collector (“Uniform Method”), and the District has previously authorized the use of the Uniform Method by, among other things, entering into agreements with the Property Appraiser and Tax Collector of the County for that purpose; and

WHEREAS, it is in the best interests of the District to adopt the Assessment Roll of the Scenic Terrace South Community Development District (“Assessment Roll”) attached to this Resolution as Exhibit B and incorporated as a material part of this Resolution by this reference, and to certify the Assessment Roll to the County Tax Collector pursuant to the Uniform Method; and

WHEREAS, it is in the best interests of the District to permit the District Manager to amend the Assessment Roll, certified to the County Tax Collector by this Resolution, as the Property Appraiser updates the property roll for the County, for such time as authorized by Florida law.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE SCENIC TERRACE SOUTH COMMUNITY DEVELOPMENT DISTRICT:

SECTION 1. BENEFIT & ALLOCATION FINDINGS. The Board hereby finds and determines that 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, as shown in Exhibits A and B, is hereby found to be fair and reasonable.
SECTION 2. ASSESSMENT IMPOSITION. Pursuant to Chapters 190 and 197, Florida Statutes, and using the procedures authorized by Florida law for the levy and collection of special assessments, a special assessment for operation and maintenance is hereby imposed and levied on benefitted lands within the District, and in accordance with Exhibits A and B. The lien of the special assessments for operations and maintenance imposed and levied by this Resolution shall be effective upon passage of this Resolution.

SECTION 3. COLLECTION. The collection of the operation and maintenance special assessments and previously levied debt service assessments shall be at the same time and in the same manner as County taxes in accordance with the Uniform Method, as indicated on Exhibits A and B. The decision to collect special 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.

SECTION 4. ASSESSMENT ROLL. The Assessment Roll, attached to this Resolution as Exhibit B, 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 taxes. The proceeds therefrom shall be paid to the District.

SECTION 5. ASSESSMENT ROLL AMENDMENT. 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. After any amendment of the Assessment Roll, the District Manager shall file the updates in the District records.

SECTION 6. 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 7. EFFECTIVE DATE. This Resolution shall take effect upon the passage and adoption of this Resolution by the Board.

PASSED AND ADOPTED THIS 20TH DAY OF AUGUST 2025.

ATTEST:	SCENIC TERRACE SOUTH
COMMUNITY DEVELOPMENT DISTRICT

Secretary / Assistant Secretary

By: 	

Its: 	

Exhibit A:	Adopted Budget for Fiscal Year 2026
Exhibit B:	Assessment Roll

Scenic Terrace South
Community Development District

Proposed Budget
FY2026

6M3

Table of Contents

1-2	General Fund	

3-7	

General Fund Narrative	

8	

Capital Reserve Fund	

9	

Debt Service Fund - Series 2022	

10	

Amortization Schedule - Series 2022	

11	

Debt Service Fund - Series 2023	

12	

Amortization Schedule - Series 2023	

Scenic Terrace South
Community Development District Proposed Budget
General Fund

	Adopted
Budget		Actuals
Thru		Projected
Next		Projected
Thru		Proposed
Budget	
Description		FY2025		6/30/25		3 Months		9/30/25		FY2026	

Revenues											

Assessments - Tax Roll	
$	
691,023	
$	
696,844	
$	
-	
$	
696,844	
$	
691,023	
Contribution from Scenic Terrace North	$	58,325	$	58,325	$	-	$	58,325	$	47,115	
Interest	$	-	$	5,677	$	4,258	$	9,935	$	-	
Miscellaneous Income	$	-	$	90	$	-	$	90	$	-	
Carryforward	$	-	$	107,951	$	-	$	107,951	$	-	
Total Revenues	$	749,348	$	868,887	$	4,258	$	873,145	$	738,138	

Expenditures											
General & Administrative											
Supervisor Fees	$	12,000	$	2,400	$	3,000	$	5,400	$	12,000	
FICA Expense	$	-	$	122	$	230	$	352	$	918	
Engineering	$	15,000	$	4,681	$	3,280	$	7,961	$	15,000	
Attorney	$	25,000	$	7,438	$	5,513	$	12,950	$	25,000	
Annual Audit	$	3,400	$	3,400	$	-	$	3,400	$	3,600	
Assessment Administration	$	5,250	$	5,250	$	-	$	5,250	$	5,408	
Arbitrage	$	900	$	900	$	-	$	900	$	900	
Dissemination	$	6,300	$	4,725	$	1,575	$	6,300	$	6,489	
Disclosure Software	$	-	$	3,000	$	-	$	3,000	$	3,000	
Trustee Fees	$	8,081	$	8,297	$	-	$	8,297	$	8,869	
Management Fees	$	42,500	$	31,875	$	10,625	$	42,500	$	43,775	
Information Technology	$	1,890	$	1,418	$	473	$	1,890	$	2,003	
Website Maintenance	$	1,260	$	945	$	315	$	1,260	$	1,298	
Postage & Delivery	$	1,000	$	1,512	$	504	$	2,016	$	2,700	
Insurance	$	5,720	$	5,564	$	-	$	5,564	$	7,610	
Copies	$	1,000	$	6	$	25	$	31	$	1,000	
Legal Advertising	$	3,500	$	-	$	3,500	$	3,500	$	2,500	
Contingencies	$	3,500	$	506	$	169	$	675	$	2,500	
Office Supplies	$	250	$	16	$	50	$	66	$	250	
Dues, Licenses & Subscriptions	$	175	$	175	$	-	$	175	$	175	
Total General & Administrative	$	136,726	$	82,229	$	29,257	$	111,486	$	144,994	

Operations & Maintenance											
Field Services											
Property Insurance - Field	$	15,302	$	10,591	$	-	$	10,591	$	10,837	
Field Management	$	15,000	$	11,250	$	3,750	$	15,000	$	15,450	
Landscape Maintenance	$	125,000	$	109,728	$	30,293	$	140,020	$	144,253	
Landscape Replacement	$	17,500	$	10,229	$	4,800	$	15,029	$	17,500	
Streetlights	$	45,000	$	24,904	$	13,500	$	38,404	$	49,500	
Electric	$	15,000	$	4,271	$	13,425	$	17,696	$	17,696	
Water & Sewer	$	-	$	29,140	$	13,500	$	42,640	$	46,904	
Sidewalk & Asphalt Maintenance	$	2,500	$	-	$	-	$	-	$	-	
Irrigation Repairs	$	7,500	$	9,714	$	3,238	$	12,952	$	10,000	
General Repairs & Maintenance	$	12,500	$	9,992	$	2,508	$	12,500	$	12,500	
Holiday Lighting	$	-	$	-	$	-	$	-	$	10,000	
Contingency	$	10,000	$	129,725	$	5,000	$	134,725	$	12,500	
Subtotal Field Expenses	$	265,302	$	349,543	$	90,014	$	439,557	$	347,140	

Scenic Terrace South
Community Development District Proposed Budget
General Fund

	Adopted
Budget	Actuals
Thru		Projected
Next	Projected
Thru	Proposed
Budget	
Description	FY2025	6/30/25		3 Months	9/30/25	FY2026	

Amenity Expenses
Amenity - Electric	$	

15,000	

$	12,411	

$	

4,137  $	

16,548  $	

18,203	
Amenity - Water	$	7,500	$	4,214	$	9,065  $	13,279  $	14,607	
Playground Lease	$	72,600	$	28,184	$	9,395  $	37,579  $	37,584	
Internet	$	3,000	$	-	$	1,500  $	1,500  $	1,500	
Pest Control	$	720	$	900	$	300  $	1,200  $	1,300	
Janitorial Service	$	15,000	$	7,830	$	2,700  $	10,530  $	11,400	
Security Services	$	33,000	$	5,044	$	7,566  $	12,610  $	15,000	
Pool Maintenance	$	18,000	$	22,700	$	7,500  $	30,200  $	30,900	
Amenity Repairs & Maintenance	$	10,000	$	-	$	5,000  $	5,000  $	7,500	
Amenity Management	$	12,500	$	9,375	$	3,125  $	12,500  $	12,875	
Contingency	$	10,000	$	28,607	$	2,550  $	31,157  $	7,500	
Subtotal Amenity Expenses	$	197,320	$	119,265	$	52,837  $	172,103  $	158,369	
							
Total Operations & Maintenance	$	462,622	$	468,808	$	142,851  $	611,659  $	505,508	

Other Financing Sources/(Uses):							
Capital Reserves	$	150,000	$	-	$	150,000  $	150,000  $	87,635	
Total Other Financing Sources/(Uses)	$	150,000	$	-	$	150,000  $	150,000  $	87,635	
							
Total Expenditures	$	749,348	$	551,037	$	322,109  $	873,145  $	738,138	
							
Excess Revenues/(Expenditures)	$	-	$	317,851	$	(317,851)  $	(0)  $	-	
							
Product	Assessable	ERU/Unit	Total ERU's	Net Assessment Net Per Unit (7%)  Gross Per Unit	
Platted Lots	843	1.00	843.00		$691,022.94	$819.72	$881.42	
Total ERU's	843		843.00		$691,022.94			

Scenic Terrace South Community Development District General Fund Budget
Revenues:

Assessments

The District will levy a non-ad valorem assessment on all assessable property within the District to fund all general operating and maintenance expenditures during the fiscal year.

Contribution from Scenic Terrace North

The District has an interlocal agreement with Scenic Terrace North for shared amenity facilities with certain costs being allocated based upon the proportionate number of platted units in each District.

Expenditures:

General & Administrative:

Supervisor Fees

Chapter 190, Florida Statutes, allows for each Board member to receive $200 per meeting, not to exceed $4,800 per year paid to each Supervisor for the time devoted to District business and meetings.

FICA Expense

Represents the Employer’s share of Social Security and Medicare taxes withheld from Board of Supervisors checks.

Engineering

The District's engineer provides general engineering services to the District, e.g. attendance and preparation for monthly board meetings, review invoices and various projects as directed by the Board of Supervisors and the District Manager.

Attorney

The District's legal counsel provides general legal services to the District, e.g. attendance and preparation for meetings, preparation and review of agreements, resolutions, etc. as directed by the Board of Supervisors and the District Manager.

Annual Audit

The District is required by Florida Statutes to arrange for an independent audit of its financial records on an annual basis.

Assessment Administration

The District will contract to levy and administer the collection of non-ad valorem assessment on all assessable property within the District.

Arbitrage

The District will contract with an independent certified public accountant to annually calculate the District’s Arbitrage Rebate Liability on an anticipated bond issuance.

Scenic Terrace South Community Development District General Fund Budget

Dissemination

The District is required by the Security and Exchange Commission to comply with Rule 15c2-12(b)(5) which relates to additional reporting requirements for unrated bond issues. This cost is based upon an anticipated bond issuance.

Disclosure Software

The District has contracted with DTS to provide software platform for filing various reports required in accordance with the Continuing Disclosure Agreements for the various bond issue(s).

Trustee Fees

The District will incur trustee related costs with the issuance of its’ issued bonds.

Management Fees

The District receives Management, Accounting and Administrative services as part of a Management Agreement with Governmental Management Services-Central Florida, LLC. The services include but are not limited to, recording and transcription of board meetings, administrative services, budget preparation, all financial reports, annual audits, 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, positive pay implementation and programming for fraud protection, accounting software, tablets for meetings, Adobe, Microsoft Office, etc.

Website Maintenance

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

Postage & Delivery

The District incurs charges for mailing of Board meeting agenda packages, overnight deliveries, correspondence, etc.

Insurance

The District’s general liability and public official’s liability insurance coverages.

Copies

Printing and Binding agenda packages for board meetings, printing of computerized checks, stationary, envelopes, etc.

Legal Advertising

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

Contingencies

Bank charges and any other miscellaneous expenses incurred during the year.

Scenic Terrace South Community Development District General Fund Budget

Office Supplies

Any supplies that may need to be purchased during the fiscal year, e.g., paper, minute books, file folders, labels, paper clips, etc.

Dues, Licenses & Subscriptions

The District is required to pay an annual fee to the Florida Department of Economic Opportunity for $175. This is the only expense under this category for the District.

Operations & Maintenance:

Field Services

Property Insurance

The District’s property insurance coverages.

Field Management

Represents the estimated costs of contracting services that provide onsite field management of contracts for the District such as landscape and lake maintenance. Services can include onsite inspections, meetings with contractors, monitoring of utility accounts, attend Board meetings and receive and respond to property owner phone calls and emails.

Landscape Maintenance

Represents the estimated maintenance of the landscaping within the common areas of the District after the installation of landscape material has been completed.

Landscape Replacement

Represents the estimated cost of replacing landscaping within the common areas of the District.

Streetlights

Represents the cost to maintain street lights within the District Boundaries that are expected to be in place throughout the fiscal year.

Electric

Represents current and estimated electric charges of common areas throughout the District.

Water & Sewer

Represents current and estimated costs for water and refuse services provided for common areas throughout the District.

Irrigation Repairs

Represents the cost of maintaining and repairing the irrigation system. This includes the sprinklers, and irrigation wells.

General Repairs & Maintenance

Represents estimated costs for general repairs and maintenance of the District’s common areas.

Scenic Terrace South Community Development District General Fund Budget

Holiday Lighting

Represents costs for holiday lights of the District.

Contingency

Represents funds allocated to expenses that the District could incur throughout the fiscal year that do not fit into any field category.

Amenity Expenses

Amenity - Electric

Represents estimated electric charges for the District’s amenity facilities.

Amenity – Water

Represents estimated water charges for the District’s amenity facilities.

Playground Lease

Represents the cost of the District leasing playground equipment for the fiscal year.

Internet

Internet service will be added for use at the Amenity Center.

Pest Control

The District will incur costs for pest control treatments to its amenity facilities. Janitorial Services
Represents costs to provide janitorial services and supplies for the District’s amenity facilities. Security Services
Represents the cost of contracting a monthly security service for the District’s amenity facilities.

Pool Maintenance

Represents the costs of regular cleaning and treatments of the District’s pool.

Amenity Repairs & Maintenance

Represents estimated costs for repairs and maintenance of the District’s amenity facilities.

Amenity Management

Represents the cost of managing the monitoring access to the District’s amenity facilities.

Contingency

Represents funds allocated to expenses that the District could incur throughout the fiscal year that do not fit into any amenity category.

Scenic Terrace South Community Development District General Fund Budget

Other Financing Sources/(Uses)

Capital Reserve

Represents projected transfer out to the Capital Projects fund.

Scenic Terrace South
Community Development District Proposed Budget
Capital Reserve

	Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Proposed Budget	
Description	FY2025	6/30/25	3 Months	9/30/25	FY2026	

Revenues						
Carry Forward Surplus	$	-	$	-	$	-	$	-	$	150,000	
Total Revenues	$	-	$	-	$	-	$	-	$	150,000	

Expenditures

Capital Outlay	

$	1,000	

$	-	$	-	$	-	$	1,000	
Total Expenditures	$	1,000	$	-	$	-	$	-	$	1,000	

Other Sources/(Uses)					
Transfer In/(Out)	$	150,000	$	-	$	150,000	$	150,000	$	88,135	
Total Other Sources/(Uses)	$	150,000	$	-	$	150,000	$	150,000	$	88,135	
					
Excess Revenues/(Expenditures)	$	149,000	$	-	$	150,000	$	150,000	$	237,135	

Scenic Terrace South
Community Development District

Proposed Budget Debt Service Fund Series 2022

	Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Proposed Budget	
Description	FY2025	6/30/25	3 Months	9/30/25	FY2026	

Revenues						
Assessments - Tax Roll	$	1,078,703	$	1,087,885	$	-	$	1,087,885	$	1,078,703	
Interest Income	$	20,000	$	37,160	$	12,387	$	49,546	$	20,000	
Carry Forward Surplus *	$	706,421	$	603,309	$	-	$	603,309	$	656,455	
Total Revenues	$	1,805,124	$	1,728,353	$	12,387	$	1,740,740	$	1,755,159	

Expenditures						
Interest- 11/01	$	387,200	$	387,200	$	-	$	387,200	$	381,366	
Special Call - 11/01	$	-	$	5,000	$	-	$	5,000	$	-	
Principal - 05/01	$	305,000	$	305,000	$	-	$	305,000	$	315,000	
Interest - 05/01	$	387,200	$	387,084	$	-	$	387,084	$	381,366	
Total Expenditures	$	1,079,400	$	1,084,284	$	-	$	1,084,284	$	1,077,731	
						
Excess Revenues/(Expenditures)	$	725,724	$	644,069	$	12,387	$	656,455	$	677,427	

*Carry forward less amount in Reserve funds.						
				Series 2022 Interest - 11/01	
$375,459	
Product	Assessable Units	Net Assessment	Net Per Unit	Gross Per Unit		
Single Family	744	$1,078,703	$1,449.87	$1,559.00		
Total ERU's	744	$1,078,703				

Scenic Terrace South Community Development District Series 2022 Special Assessment Bonds Amortization Schedule

DATE		BALANCE		PRINCIPAL		INTEREST		TOTAL	
									
11/01/25	$	18,300,000.00	$	-	$	381,365.63	$	1,073,450.01	
05/01/26	$	19,590,000.00	$	315,000.00	$	381,365.63	$	-	
11/01/26	$	19,590,000.00	$	-	$	375,459.38	$	1,071,825.01	
05/01/27	$	19,590,000.00	$	330,000.00	$	375,459.38	$	-	
11/01/27	$	19,590,000.00	$	-	$	369,271.88	$	1,074,731.26	
05/01/28	$	19,590,000.00	$	345,000.00	$	369,271.88	$	-	
11/01/28	$	19,180,000.00	$	-	$	362,156.25	$	1,076,428.13	
05/01/29	$	19,180,000.00	$	355,000.00	$	362,156.25	$	-	
11/01/29	$	18,755,000.00	$	-	$	354,834.38	$	1,071,990.63	
05/01/30	$	18,755,000.00	$	370,000.00	$	354,834.38	$	-	
11/01/30	$	17,360,000.00	$	-	$	347,203.13	$	1,072,037.51	
05/01/31	$	17,360,000.00	$	385,000.00	$	347,203.13	$	-	
11/01/31	$	17,360,000.00	$	-	$	339,262.50	$	1,071,465.63	
05/01/32	$	17,360,000.00	$	405,000.00	$	339,262.50	$	-	
11/01/32	$	17,360,000.00	$	-	$	330,909.38	$	1,075,171.88	
05/01/33	$	17,360,000.00	$	420,000.00	$	330,909.38	$	-	
11/01/33	$	16,855,000.00	$	-	$	321,459.38	$	1,072,368.76	
05/01/34	$	16,855,000.00	$	440,000.00	$	321,459.38	$	-	
11/01/34	$	16,325,000.00	$	-	$	311,559.38	$	1,073,018.76	
05/01/35	$	16,325,000.00	$	460,000.00	$	311,559.38	$	-	
11/01/35	$	15,770,000.00	$	-	$	301,209.38	$	1,072,768.76	
05/01/36	$	15,770,000.00	$	480,000.00	$	301,209.38	$	-	
11/01/36	$	15,190,000.00	$	-	$	290,409.38	$	1,071,618.76	
05/01/37	$	15,190,000.00	$	505,000.00	$	290,409.38	$	-	
11/01/37	$	14,585,000.00	$	-	$	279,046.88	$	1,074,456.26	
05/01/38	$	14,585,000.00	$	530,000.00	$	279,046.88	$	-	
11/01/38	$	13,950,000.00	$	-	$	267,121.88	$	1,076,168.76	
05/01/39	$	13,950,000.00	$	550,000.00	$	267,121.88	$	-	
11/01/39	$	13,290,000.00	$	-	$	254,746.88	$	1,071,868.76	
05/01/40	$	13,290,000.00	$	575,000.00	$	254,746.88	$	-	
11/01/40	$	11,115,000.00	$	-	$	241,809.38	$	1,071,556.26	
05/01/41	$	11,115,000.00	$	605,000.00	$	241,809.38	$	-	
11/01/41	$	11,115,000.00	$	-	$	228,196.88	$	1,075,006.26	
05/01/42	$	11,115,000.00	$	630,000.00	$	228,196.88	$	-	
11/01/42	$	11,115,000.00	$	-	$	214,021.88	$	1,072,218.76	
05/01/43	$	11,115,000.00	$	660,000.00	$	214,021.88	$	-	
11/01/43	$	10,320,000.00	$	-	$	198,759.38	$	1,072,781.26	
05/01/44	$	10,320,000.00	$	690,000.00	$	198,759.38	$	-	
11/01/44	$	9,490,000.00	$	-	$	182,803.13	$	1,071,562.51	
05/01/45	$	9,490,000.00	$	725,000.00	$	182,803.13	$	-	
11/01/45	$	8,620,000.00	$	-	$	166,037.50	$	1,073,840.63	
05/01/46	$	8,620,000.00	$	760,000.00	$	166,037.50	$	-	
11/01/46	$	7,710,000.00	$	-	$	148,462.50	$	1,074,500.00	
05/01/47	$	7,710,000.00	$	795,000.00	$	148,462.50	$	-	
11/01/47	$	6,755,000.00	$	-	$	130,078.13	$	1,073,540.63	
05/01/48	$	6,755,000.00	$	835,000.00	$	130,078.13	$	-	
11/01/48	$	5,755,000.00	$	-	$	110,768.75	$	1,075,846.88	
05/01/49	$	5,755,000.00	$	870,000.00	$	110,768.75	$	-	
11/01/49	$	4,710,000.00	$	-	$	90,650.00	$	1,071,418.75	
05/01/50	$	4,710,000.00	$	915,000.00	$	90,650.00	$	-	
11/01/50	$	3,615,000.00	$	-	$	69,490.63	$	1,075,140.63	
05/01/51	$	3,615,000.00	$	955,000.00	$	69,490.63	$	-	
11/01/51	$	2,465,000.00	$	-	$	47,406.25	$	1,071,896.88	
05/01/52	$	2,465,000.00	$	1,000,000.00	$	47,406.25	$	-	
11/01/52	$	1,260,000.00	$	-	$	24,281.25	$	1,071,687.50	
05/01/53	$	1,260,000.00	$	1,050,000.00	$	24,281.25	$	1,074,281.25	
			$	16,955,000.00	$	13,477,562.70	$	31,124,647.08	

Scenic Terrace South
Community Development District

Proposed Budget Debt Service Fund Series 2023

	Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Proposed Budget	
Description	FY2025	6/30/25	3 Months	9/30/25	FY2026	

Revenues						
Assessments - Tax Roll	$	172,953	$	174,409	$	-	$	174,409	$	172,953	
Interest Income	$	2,000	$	5,702	$	1,901	$	7,603	$	2,000	
Carry Forward Surplus *	$	182,331	$	105,749	$	-	$	105,749	$	124,236	
Total Revenues	$	357,284	$	285,860	$	1,901	$	287,761	$	299,189	

Expenses						
Interest- 11/01	$	72,050	$	72,050	$	-	$	72,050	$	71,475	
Principal - 11/01	$	20,000	$	20,000	$	-	$	20,000	$	30,000	
Interest - 05/01	$	71,475	$	71,475	$	-	$	71,475	$	70,613	
Total Expenditures	$	163,525	$	163,525	$	-	$	163,525	$	172,088	
						
Excess Revenues/(Expenditures)	$	193,759	$	122,335	$	1,901	$	124,236	$	127,101	

*Carry forward less amount in Reserve funds.						
				Series 2023 Principal - 11/01	
$30,000	
Interest - 11/01 	$70,613	
	$100,613		
Product *	Assessable Units	Net Assessment	Net Per Unit	Gross Per Unit		
Single Family	99	$172,953	$1,747.00	$1,878.49		
Total	99	$	172,953				

Scenic Terrace South Community Development District Series 2023 Special Assessment Bonds Amortization Schedule

Date		Balance		Prinicpal		Interest		Total	
									
11/01/25	$	2,175,000.00	$	30,000.00	$	71,475.00	$	172,950.00	
05/01/26	$	2,145,000.00	$	-	$	70,612.50			
11/01/26	$	2,145,000.00	$	30,000.00	$	70,612.50	$	171,225.00	
05/01/27	$	2,115,000.00	$	-	$	69,750.00			
11/01/27	$	2,115,000.00	$	30,000.00	$	69,750.00	$	169,500.00	
05/01/28	$	2,085,000.00	$	-	$	68,887.50			
11/01/28	$	2,085,000.00	$	35,000.00	$	68,887.50	$	172,775.00	
05/01/29	$	2,050,000.00	$	-	$	67,881.25			
11/01/29	$	2,050,000.00	$	35,000.00	$	67,881.25	$	170,762.50	
05/01/30	$	2,015,000.00	$	-	$	66,875.00			
11/01/30	$	2,015,000.00	$	35,000.00	$	66,875.00	$	168,750.00	
05/01/31	$	1,980,000.00	$	-	$	65,868.75			
11/01/31	$	1,980,000.00	$	40,000.00	$	65,868.75	$	171,737.50	
05/01/32	$	1,940,000.00	$	-	$	64,568.75			
11/01/32	$	1,940,000.00	$	40,000.00	$	64,568.75	$	169,137.50	
05/01/33	$	1,900,000.00	$	-	$	63,268.75			
11/01/33	$	1,900,000.00	$	45,000.00	$	63,268.75	$	171,537.50	
05/01/34	$	1,855,000.00	$	-	$	61,806.25			
11/01/34	$	1,855,000.00	$	45,000.00	$	61,806.25	$	168,612.50	
05/01/35	$	1,810,000.00	$	-	$	60,343.75			
11/01/35	$	1,810,000.00	$	50,000.00	$	60,343.75	$	170,687.50	
05/01/36	$	1,760,000.00	$	-	$	58,718.75			
11/01/36	$	1,760,000.00	$	55,000.00	$	58,718.75	$	172,437.50	
05/01/37	$	1,705,000.00	$	-	$	56,931.25			
11/01/37	$	1,705,000.00	$	55,000.00	$	56,931.25	$	168,862.50	
05/01/38	$	1,650,000.00	$	-	$	55,143.75			
11/01/38	$	1,650,000.00	$	60,000.00	$	55,143.75	$	170,287.50	
05/01/39	$	1,590,000.00	$	-	$	53,193.75			
11/01/39	$	1,590,000.00	$	65,000.00	$	53,193.75	$	171,387.50	
05/01/40	$	1,525,000.00	$	-	$	51,081.25			
11/01/40	$	1,525,000.00	$	70,000.00	$	51,081.25	$	172,162.50	
05/01/41	$	1,455,000.00	$	-	$	48,806.25			
11/01/41	$	1,300,000.00	$	75,000.00	$	48,806.25	$	172,612.50	
05/01/42	$	1,215,000.00	$	-	$	46,368.75			
11/01/42	$	1,215,000.00	$	80,000.00	$	46,368.75	$	172,737.50	
05/01/43	$	1,215,000.00	$	-	$	43,768.75			
11/01/43	$	1,215,000.00	$	85,000.00	$	43,768.75	$	172,537.50	
05/01/44	$	1,215,000.00	$	-	$	41,006.25			
11/01/44	$	1,215,000.00	$	90,000.00	$	41,006.25	$	172,012.50	
05/01/45	$	1,125,000.00	$	-	$	37,968.75			
11/01/45	$	1,125,000.00	$	95,000.00	$	37,968.75	$	170,937.50	
05/01/46	$	1,030,000.00	$	-	$	34,762.50			
11/01/46	$	1,030,000.00	$	100,000.00	$	34,762.50	$	169,525.00	
05/01/47	$	930,000.00	$	-	$	31,387.50			
11/01/47	$	930,000.00	$	110,000.00	$	31,387.50	$	172,775.00	
05/01/48	$	820,000.00	$	-	$	27,675.00			
11/01/48	$	820,000.00	$	115,000.00	$	27,675.00	$	170,350.00	
05/01/49	$	705,000.00	$	-	$	23,793.75			
11/01/49	$	705,000.00	$	125,000.00	$	23,793.75	$	172,587.50	
05/01/50	$	580,000.00	$	-	$	19,575.00			
11/01/50	$	580,000.00	$	130,000.00	$	19,575.00	$	169,150.00	
05/01/51	$	450,000.00	$	-	$	15,187.50			
11/01/51	$	450,000.00	$	140,000.00	$	15,187.50	$	170,375.00	
05/01/52	$	310,000.00	$	-	$	10,462.50			
11/01/52	$	310,000.00	$	150,000.00	$	10,462.50	$	170,925.00	
05/01/53	$	160,000.00	$	-	$	5,400.00			
11/01/53	$	160,000.00	$	160,000.00	$	5,400.00	$	170,800.00	
			$	2,175,000.00	$	2,785,137.50	$	4,960,137.50	

Scenic Terrace South CDD FY 26 Assessment Roll

PARCEL ID	UNITS	FY 26
O&M	SERIES 2022 DEBT	SERIES 2023 DEBT	TOTAL	
272809822002012010	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002012020	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002012030	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002012040	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002013010	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002013020	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002013030	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002013040	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002013050	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002013060	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002013070	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002013080	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002013090	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002013100	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002013110	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002013120	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002014010	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002014020	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002014030	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002014040	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002014050	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002014060	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002014070	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002014080	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002014090	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002014100	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002014110	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002014120	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002014130	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002014140	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002014150	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002014160	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002014170	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002014180	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002014190	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002014200	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002014210	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002014220	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002014230	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002015010	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002015020	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002015030	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002015040	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002015050	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002015060	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002015070	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002015080	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002015090	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002015100	1	$881.42	$1,559.14	$0.00	$2,440.56	

PARCEL ID	UNITS	FY 26
O&M	SERIES 2022 DEBT	SERIES 2023 DEBT	TOTAL	
272809822002016010	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002016020	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002016030	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002016040	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002016050	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002016060	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002017010	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002017020	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002017030	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002017040	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002017050	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002017060	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002018010	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002018020	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002018030	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002018040	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002018050	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002018060	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002018070	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002018080	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002018090	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002018100	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002018110	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002018120	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002019010	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002019020	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002019030	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002019040	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002019050	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002019060	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002019070	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002019080	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002019090	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002019100	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002020010	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002020020	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002020030	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002020040	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002020050	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002020060	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002020070	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002020080	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002020090	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002020100	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002020110	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002020120	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002020130	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002020140	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002020150	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002020160	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002020170	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002020180	1	$881.42	$1,559.14	$0.00	$2,440.56	

PARCEL ID	UNITS	FY 26
O&M	SERIES 2022 DEBT	SERIES 2023 DEBT	TOTAL	
272809822002021010	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002021020	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002021030	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002021040	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002021050	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002021060	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002021070	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002021080	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002021090	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002021100	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002021110	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002021120	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002021130	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002021140	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002021150	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002021160	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002021170	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002021180	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002021190	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002021200	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002021210	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002021220	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002021230	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002021240	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002021250	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002021260	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002021270	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002021280	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002021290	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002021300	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002021310	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002021320	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002021330	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002021340	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002021350	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002021360	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002021370	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002021380	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002021390	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002021400	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002021410	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002021420	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002021430	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002021440	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002021450	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002022010	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002022020	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002022030	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002022040	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002022050	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002022060	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002022070	1	$881.42	$1,559.14	$0.00	$2,440.56	

PARCEL ID	UNITS	FY 26
O&M	SERIES 2022 DEBT	SERIES 2023 DEBT	TOTAL	
272809822002022080	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002022090	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002022100	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002022110	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002022120	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002022130	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002022140	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002022150	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002022160	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002022170	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002022180	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002022190	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002022200	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002022210	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002022220	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002022230	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002022240	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002022250	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002022260	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002022270	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002022280	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002022290	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002022300	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002022310	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002022320	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002022330	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002022340	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002022350	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002022360	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002022370	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002022380	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002022390	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002022400	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002022410	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002022420	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002022430	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002022440	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002022450	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002023010	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002023020	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002023030	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002023040	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002023050	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002023060	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002023070	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002023080	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002023090	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002023100	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002023110	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002023120	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002023130	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002023140	1	$881.42	$1,559.14	$0.00	$2,440.56	

PARCEL ID	UNITS	FY 26
O&M	SERIES 2022 DEBT	SERIES 2023 DEBT	TOTAL	
272809822002023150	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002023160	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002023170	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002023180	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002023190	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002023200	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002023210	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002023220	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002023230	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002023240	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002023250	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002023260	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002023270	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002023280	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002024010	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002024020	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002024030	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002024040	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002024050	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002024060	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002024070	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002024080	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002024090	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002024100	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002024110	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002024120	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002024130	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002024140	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002024150	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002024160	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002024170	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002024180	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002024190	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002024200	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002024210	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002024220	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002024230	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002024240	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002024250	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002026010	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002026020	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002026030	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002026040	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002026050	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002026060	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002026070	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002026080	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002026090	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002026100	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002026110	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002026120	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002026130	1	$881.42	$1,559.14	$0.00	$2,440.56	

PARCEL ID	UNITS	FY 26
O&M	SERIES 2022 DEBT	SERIES 2023 DEBT	TOTAL	
272809822002026140	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002026150	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002026160	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002026170	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002026180	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002026190	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002026200	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002026210	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002026220	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002027010	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002027020	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002027030	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002027040	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002027050	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002027060	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002027070	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002027080	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002027090	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002027100	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002028010	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002028020	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002028030	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002028040	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002028050	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002028060	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002028070	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002028080	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002028090	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002028100	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002028110	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002028120	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002028130	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002028140	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002028150	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002028160	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002028170	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002028180	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002028190	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002028200	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002029010	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002029020	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002029030	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002029040	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002029050	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002029060	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002029070	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002029080	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002029090	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002029100	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002029110	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002029120	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002029130	1	$881.42	$1,559.14	$0.00	$2,440.56	

PARCEL ID	UNITS	FY 26
O&M	SERIES 2022 DEBT	SERIES 2023 DEBT	TOTAL	
272809822002029140	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002029150	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002029160	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002029170	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002029180	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002029190	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002029200	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002029210	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002029220	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002029230	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002030010	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002030020	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002030030	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002030040	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002030050	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002030060	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002030070	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002030080	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002030090	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002030100	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002030110	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002031010	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002031020	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002031030	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002031040	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002031050	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002031060	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002031070	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002031080	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002031090	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002031100	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002031110	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002031120	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002032010	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002032020	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002032030	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002032040	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002032050	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002032060	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002032070	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002032080	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002032090	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002032100	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002032110	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002032120	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002032130	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002032140	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002033010	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002033020	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002033030	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002033040	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002033050	1	$881.42	$1,559.14	$0.00	$2,440.56	

PARCEL ID	UNITS	FY 26
O&M	SERIES 2022 DEBT	SERIES 2023 DEBT	TOTAL	
272809822002033060	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002033070	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002033080	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002034010	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002034020	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002034030	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002034040	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002034050	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002034060	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002034070	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002034080	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002034090	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002034100	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002034110	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002034120	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002034130	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002034140	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002034150	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002034160	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002035010	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002035020	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002035030	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002035040	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002035050	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002035060	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002035070	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002035080	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002036010	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002036020	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002036030	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002036040	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002037010	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002037020	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002037030	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002037040	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002037050	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002037060	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002037070	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002037080	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002037090	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002038010	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002038020	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002038030	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002038040	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002038050	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002038060	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002038070	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002038080	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002038090	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002038100	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002038110	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002038120	1	$881.42	$1,559.14	$0.00	$2,440.56	

PARCEL ID	UNITS	FY 26
O&M	SERIES 2022 DEBT	SERIES 2023 DEBT	TOTAL	
272809822002038130	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002038140	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002038150	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002038160	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002038170	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002038180	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002038190	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002038200	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002038210	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002038220	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002039010	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002039020	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002039030	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002039040	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002039050	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002039060	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002039070	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002039080	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002039090	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002039100	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822002039110	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003040010	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003040020	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003040030	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003040040	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003040050	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003040060	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003040070	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003040080	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003041010	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003041020	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003041030	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003041040	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003041050	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003041060	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003041070	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003041080	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003041090	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003041100	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003041110	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003041120	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003041130	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003041140	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003041150	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003041160	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003041170	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003041180	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003041190	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003041200	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003041210	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003041220	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003041230	1	$881.42	$1,559.14	$0.00	$2,440.56	

PARCEL ID	UNITS	FY 26
O&M	SERIES 2022 DEBT	SERIES 2023 DEBT	TOTAL	
272809822003041240	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003041250	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003041260	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003041270	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003041280	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003041290	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003041300	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003041310	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003041320	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003042010	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003042020	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003042030	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003042040	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003042050	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003042060	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003042070	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003042080	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003042090	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003042100	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003042110	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003042120	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003042130	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003042140	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003042150	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003042160	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003042170	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003042180	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003042190	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003042200	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003043010	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003043020	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003043030	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003043040	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003043050	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003043060	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003043070	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003043080	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003043090	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003043100	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003043110	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003043120	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003043130	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003043140	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003043150	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003043160	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003043170	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003043180	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003043190	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003043200	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003043210	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003043220	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003044010	1	$881.42	$1,559.14	$0.00	$2,440.56	

PARCEL ID	UNITS	FY 26
O&M	SERIES 2022 DEBT	SERIES 2023 DEBT	TOTAL	
272809822003044020	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003044030	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003044040	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003044050	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003044060	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003044070	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003044080	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003044090	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003045010	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003045020	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003045030	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003045040	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003045050	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003045060	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003045070	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003045080	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003045090	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003045100	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003045110	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003045120	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003045130	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003045140	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003045150	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003045160	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003045170	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003045180	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003045190	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003045200	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822003045210	1	$881.42	$1,559.14	$0.00	$2,440.56	
272809822004017070	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004017080	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004017090	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004017100	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004017110	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004017120	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004019110	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004019120	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004019130	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004019140	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004019150	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004019160	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004019170	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004019180	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004019190	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004019200	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004019210	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004019220	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004019230	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004019240	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004019250	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004019260	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004019270	1	$881.42	$0.00	$1,878.49	$2,759.91	

PARCEL ID	UNITS	FY 26
O&M	SERIES 2022 DEBT	SERIES 2023 DEBT	TOTAL	
272809822004019280	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004019290	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004046010	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004046020	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004046030	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004046040	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004046050	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004046060	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004046070	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004046080	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004047010	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004047020	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004047030	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004047040	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004047050	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004047060	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004047070	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004047080	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004047090	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004047100	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004047110	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004047120	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004048010	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004048020	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004048030	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004048040	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004048050	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004048060	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004048070	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004048080	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004048090	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004048100	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004048110	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004048120	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004048130	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004048140	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004048150	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004048160	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004048170	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004048180	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004048190	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004048200	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004048210	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004048220	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004048230	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004048240	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004048250	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004048260	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004049010	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004049020	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004049030	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004049040	1	$881.42	$0.00	$1,878.49	$2,759.91	

PARCEL ID	UNITS	FY 26
O&M	SERIES 2022 DEBT	SERIES 2023 DEBT	TOTAL	
272809822004049050	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004049060	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004049070	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004049080	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004049090	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004050010	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004050020	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004050030	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004050040	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004050050	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004050060	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004050070	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004050080	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004050090	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004050100	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004050110	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004050120	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004051010	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004051020	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004051030	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004051040	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004051050	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004051060	1	$881.42	$0.00	$1,878.49	$2,759.91	
272809822004051070	1	$881.42	$0.00	$1,878.49	$2,759.91	
272810822212001010	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212001020	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212001030	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212001040	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212002010	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212002020	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212002030	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212002040	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212002050	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212002060	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212002070	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212002080	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212002090	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212003010	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212003020	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212003030	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212003040	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212003050	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212003060	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212003070	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212003080	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212003090	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212003100	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212003110	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212003120	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212003130	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212003140	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212003150	1	$881.42	$1,559.14	$0.00	$2,440.56	

PARCEL ID	UNITS	FY 26
O&M	SERIES 2022 DEBT	SERIES 2023 DEBT	TOTAL	
272810822212003160	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212003170	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212003180	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212003190	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212003200	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212003210	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212003220	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212003230	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212003240	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212003250	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212003260	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212003270	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212004010	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212004020	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212004030	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212005010	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212005020	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212005030	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212005040	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212005050	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212005060	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212005070	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212005080	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212005090	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212005100	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212005110	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212005120	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212005130	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212005140	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212005150	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212005160	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212005170	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212005180	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212005190	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212005200	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212005210	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212005220	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212005230	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212005240	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212005250	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212005260	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212005270	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212005280	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212005290	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212005300	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212005310	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212005320	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212005330	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212005340	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212005350	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212005360	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212006010	1	$881.42	$1,559.14	$0.00	$2,440.56	

PARCEL ID	UNITS	FY 26
O&M	SERIES 2022 DEBT	SERIES 2023 DEBT	TOTAL	
272810822212006020	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212006030	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212006040	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212006050	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212006060	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212006070	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212006080	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212006090	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212006100	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212007010	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212007020	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212007030	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212007040	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212007050	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212007060	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212007070	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212007080	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212007090	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212007100	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212007110	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212007120	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212007130	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212007140	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212007150	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212007160	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212007170	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212007180	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212008010	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212008020	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212008030	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212008040	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212008050	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212008060	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212008070	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212008080	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212008090	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212008100	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212008110	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212008120	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212008130	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212008140	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212008150	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212008160	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212008170	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212009010	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212009020	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212009030	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212009040	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212009050	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212009060	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212009070	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212009080	1	$881.42	$1,559.14	$0.00	$2,440.56	

PARCEL ID	UNITS	FY 26
O&M	SERIES 2022 DEBT	SERIES 2023 DEBT	TOTAL	
272810822212009090	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212009100	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212009110	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212009120	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212009130	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212009140	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212009150	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212009160	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212009170	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212009180	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212009190	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212009200	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212009210	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212009220	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212009230	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212009240	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212009250	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212009260	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212009270	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212009280	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212009290	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212009300	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212009310	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212009320	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212009330	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212009340	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212009350	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212009360	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212009370	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212009380	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212009390	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212009400	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212009410	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212009420	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212009430	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212009440	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212010010	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212010020	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212010030	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212010040	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212010050	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212010060	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212010070	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212010080	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212010090	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212010100	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212010110	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212010120	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212010130	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212010140	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212010150	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212010160	1	$881.42	$1,559.14	$0.00	$2,440.56	

PARCEL ID	UNITS	FY 26
O&M	SERIES 2022 DEBT	SERIES 2023 DEBT	TOTAL	
272810822212010170	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212010180	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212011010	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212011020	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212011030	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212011040	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212011050	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212011060	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212011070	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212011080	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212011090	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212011100	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212011110	1	$881.42	$1,559.14	$0.00	$2,440.56	
272810822212011120	1	$881.42	$1,559.14	$0.00	$2,440.56	
Total Gross Assessments	843	$743,037.06	$1,160,000.16	$185,970.51	$2,089,007.73	
						
Total Net Assessments		$691,024.47	$1,078,800.15	$172,952.57	$1,942,777.19	

Section V

RESOLUTION 2025-06
A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE SCENIC TERRACE SOUTH COMMUNITY DEVELOPMENT DISTRICT ADOPTING THE ANNUAL MEETING SCHEDULE FOR FISCAL YEAR 2025/2026; AND PROVIDING FOR AN EFFECTIVE DATE.

Whereas, the Scenic Terrace South Community Development District (the “District”) is a local unit of special-purpose government created and existing pursuant to Chapter 190, Florida Statutes, being situated within Polk County, Florida; and
Whereas, the District is required by Section 189.015, Florida Statutes, to file quarterly, semi- annually, or annually a schedule (including date, time, and location) of its regular meetings with local governing authorities; and

Whereas, further, in accordance with the above-referenced statute, the District shall also publish quarterly, semi-annually, or annually the District’s regular meeting schedule in a newspaper of general paid circulation in the county in which the District is located; and

WHEREAS, the Board desires to adopt the Fiscal Year 2025/2026 annual meeting schedule attached as Exhibit A.
NOW THEREFORE BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE SCENIC TERRACE SOUTH COMMUNITY DEVELOPMENT DISTRICT:

SECTION 1. The Fiscal Year 2025/2026 annual meeting schedule attached hereto and incorporated by reference herein as Exhibit A is hereby approved and shall be published in accordance with the requirements of Florida law and also provided to applicable governing authorities.

SECTION 2.   This Resolution shall become effective immediately upon its adoption.

Passed and adopted this 20th day of August 2025.

ATTEST:	SCENIC TERRACE SOUTH COMMUNITY DEVELOPMENT DISTRICT

Secretary / Assistant Secretary	Chairperson, Board of Supervisors

Exhibit A:	Fiscal Year 2025/2026 Annual Meeting Schedule

Exhibit A: Fiscal Year 2025/2026 Annual Meeting Schedule
BOARD OF SUPERVISORS MEETING DATES
SCENIC TERRACE SOUTH COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2025/2026
The Board of Supervisors of the Scenic Terrace South Community Development District will hold their regular meetings for Fiscal Year 2025/2026 at Holiday Inn—Winter Haven, 200 Cypress Gardens Blvd., Winter Haven, Florida 33880, on the 3rd Wednesday of every month at 9:30 AM unless otherwise indicated as follows:
October 15, 2025
November 19, 2025 (Landowners’ Meeting & BOS Meeting) December 17, 2025
January 21, 2026
February 18, 2026
March 18, 2026
April 15, 2026
May 20, 2026
June 17, 2026
July 15, 2026
August 19, 2026
September 16, 2026

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 three (3) business days 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 VI

RESOLUTION 2025-07

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE SCENIC TERRACE SOUTH COMMUNITY DEVELOPMENT DISTRICT DESIGNATING A DATE, TIME AND LOCATION FOR A LANDOWNERS’ MEETING AND ELECTION; PROVIDING FOR PUBLICATION; ESTABLISHING FORMS FOR THE LANDOWNER ELECTION; AND PROVIDING FOR SEVERABILITY AND AN EFFECTIVE DATE.
WHEREAS, Scenic Terrace South Community Development District (“District”) is a local unit of special-purpose government created and existing pursuant to Chapter 190, Florida Statutes, being situated within Polk County, Florida; and

WHEREAS, pursuant to Section 190.006(1), Florida Statutes, the District’s Board of Supervisors (“Board”) “shall exercise the powers granted to the district pursuant to [Chapter 190, Florida Statutes],” and the Board shall consist of five members; and

WHEREAS, the District is statutorily required to hold a meeting of the landowners of the District for the purpose of electing Board Supervisors for the District on a date in November established by the Board, which shall be noticed pursuant to Section 190.006(2), Florida Statutes.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF SCENIC TERRACE SOUTH COMMUNITY DEVELOPMENT DISTRICT:
EXISTING BOARD SUPERVISORS; SEATS SUBJECT TO ELECTIONS.
The Board is currently made up of the following individuals:

Seat Number	Supervisor	Term Expiration Date	
1	Lindsey Roden	11/2027	
2	Patricia Hudson	11/2025	
3	Lauren Schwenk	11/2025	
4	Bobbie Henley	11/2025	
5	Rennie Heath II	11/2027	

This year, Seat 2 currently held by Patricia Hudson, Seat 3 currently held by Lauren Schwenk, and Seat 4 currently held by Bobbie Henley, respectively, are subject to a landowner election by landowners in November 2025. The two candidates receiving the highest number of votes shall be elected for a term of four (4) years. The candidate receiving the next highest number of votes shall be elected for a term of two (2) years. The term of office for each successful candidate shall commence upon election.

LANDOWNER’S ELECTION. In accordance with Section 190.006(2), Florida Statutes, the meeting of the landowners to elect Board Supervisor(s) of the District shall be held

on the 19th day of November 2025, at 9:30 a.m., and located at Holiday Inn—Winter Haven, 200 Cypress Gardens Blvd., Winter Haven, Florida 33880.

PUBLICATION. The District’s Secretary is hereby directed to publish notice of the landowners’ meeting and election in accordance with the requirements of Section 190.006(2), Florida Statutes.

FORMS. Pursuant to Section 190.006(2)(b), Florida Statutes, the landowners’ meeting and election have been announced by the Board at its August 20, 2025, meeting. A sample notice of landowners’ meeting and election, proxy, ballot form and instructions were presented at such meeting and are attached hereto as Exhibit A. Such documents are available for review and copying during normal business hours at the office of the District Manager, Governmental Management Services – Central Florida LLC, located at 219 East Livingston Street, Orlando, Florida 32801.

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.

EFFECTIVE DATE. This Resolution shall become effective upon its passage.

PASSED AND ADOPTED this 20th day of August 2025.

ATTEST:	SCENIC TERRACE
SOUTHCOMMUNITY DEVELOPMENT DISTRICT

SECRETARY / ASST. SECRETARY	CHAIRPERSON / VICE CHAIRPERSON

EXHIBIT A

NOTICE OF LANDOWNERS’ MEETING AND ELECTION AND MEETING OF THE BOARD OF SUPERVISORS OF THE SCENIC TERRACE SOUTHCOMMUNITY DEVELOPMENT DISTRICT

Notice is hereby given to the public and all landowners within Scenic Terrace South Community Development District (“District”) the location of which is generally described as comprising of a parcel or parcels of land containing approximately 206.56 acres, more or less generally is located at Scenic Highway (SR 17) and Hughes Road within the Town of Lake Hamilton, Polk County, Florida. advising that a meeting of landowners will be held for the purpose of electing three (3) people to the District’s Board of Supervisors (“Board”, and individually, “Supervisor”). Immediately following the landowners’ meeting there will be convened a meeting of the Board for the purpose of considering certain matters of the Board to include election of certain District officers, and other such business which may properly come before the Board.
DATE:	Wednesday, November 19, 2025
HOUR:	9:30 a.m.
LOCATION:	Holiday Inn—Winter Haven 200 Cypress Gardens Blvd. Winter Haven, Florida 33880
Each landowner may vote in person or by written proxy. Proxy forms may be obtained upon request at the office of the District Manager, Governmental Management Services – Central Florida LLC, 219 East Livingston Street, Orlando, Florida 32801 Ph: (407) 841-5524 (“District Manager’s Office”). At said meeting each landowner or his or her proxy shall be entitled to nominate persons for the position of Supervisor and cast one vote per acre of land, or fractional portion thereof, owned by him or her and located within the District for each person to be elected to the position of Supervisor. A fraction of an acre shall be treated as one acre, entitling the landowner to one vote with respect thereto. Platted lots shall be counted individually and rounded up to the nearest whole acre. The acreage of platted lots shall not be aggregated for determining the number of voting units held by a landowner or a landowner’s proxy. At the landowners’ meeting the landowners shall select a person to serve as the meeting chair and who shall conduct the meeting.

The landowners’ meeting and the Board meeting are open to the public and will be conducted in accordance with the provisions of Florida law. One or both of the meetings may be continued to a date, time, and place to be specified on the record at such meeting. A copy of the agenda for these meetings may be obtained from the District Manager’s Office. There may be an occasion where one or more supervisors will participate by telephone.

Any person requiring special accommodations to participate in these meetings is asked to contact the District Manager’s Office, at least 48 hours before the hearing. 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 Manager’s Office.

A person who decides to appeal any decision made by the Board with respect to any matter considered at the meeting is advised that such 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 the appeal is to be based.

District Manager
Run Date(s): 	 & 	
PUBLISH: ONCE A WEEK FOR 2 CONSECUTIVE WEEKS, THE LAST DAY OF PUBLICATION TO BE NOT FEWER THAN 14 DAYS OR MORE THAN 28 DAYS BEFORE THE DATE OF ELECTION, IN A NEWSPAPER WHICH IS IN GENERAL CIRCULATION IN THE AREA OF THE DISTRICT

INSTRUCTIONS RELATING TO LANDOWNERS’ MEETING OF SCENIC TERRACE SOUTHCOMMUNITY DEVELOPMENT DISTRICT FOR THE ELECTION OF SUPERVISORS

DATE OF LANDOWNERS’ MEETING: Wednesday, November 19, 2025
TIME: 9:30 A.M.
LOCATION:	Holiday Inn—Winter Haven
200 Cypress Gardens Blvd. Winter Haven, Florida 33880
Pursuant to Chapter 190, Florida Statutes, and after a Community Development District (“District”) has been established and the landowners have held their initial election, there shall be a subsequent landowners’ meeting for the purpose of electing members of the Board of Supervisors (“Board”) every two years until the District qualifies to have its board members elected by the qualified electors of the District. The following instructions on how all landowners may participate in the election are intended to comply with Section 190.006(2)(b), Florida Statutes.

A landowner may vote in person at the landowners’ meeting, or the landowner may nominate a proxy holder to vote at the meeting in place of the landowner. Whether in person or by proxy, each landowner shall be entitled to cast one vote per acre of land owned by him or her and located within the District, for each position on the Board that is open for election for the upcoming term. A fraction of an acre shall be treated as one (1) acre, entitling the landowner to one vote with respect thereto. For purposes of determining voting interests, platted lots shall be counted individually and rounded up to the nearest whole acre. Moreover, please note that a particular parcel of real property is entitled to only one vote for each eligible acre of land or fraction thereof; therefore, two or more people who own real property in common, that is one acre or less, are together entitled to only one vote for that real property.
At the landowners’ meeting, the first step is to elect a chair for the meeting, who may be any person present at the meeting. The landowners shall also elect a secretary for the meeting who may be any person present at the meeting. The secretary shall be responsible for the minutes of the meeting. The chair shall conduct the nominations and the voting. If the chair is a landowner or proxy holder of a landowner, he or she may nominate candidates and make second motions. Candidates must be nominated and then shall be elected by a vote of the landowners. Nominees may be elected only to a position on the Board that is open for election for the upcoming term.

This year, three (3) seats on the Board will be up for election by landowners. The two candidates receiving the highest number of votes shall be elected for a term of four (4) years. The candidate receiving the next highest number of votes shall be elected for a term of two (2) years. The term of office for each successful candidate shall commence upon election.
A proxy is available upon request. To be valid, each proxy must be signed by one of the legal owners of the property for which the vote is cast and must contain the typed or printed name of the individual who signed the proxy; the street address, legal description of the property or tax parcel identification number; and the number of authorized votes. If the proxy authorizes more than one vote, each property must be listed and the number of acres of each property must be included. The signature on a proxy does not need to be notarized.

LANDOWNER PROXY

SCENIC TERRACE SOUTHCOMMUNITY DEVELOPMENT DISTRICT POLK COUNTY, FLORIDA
LANDOWNERS’ MEETING – WEDNESDAY, NOVEMBER 19, 2025
KNOW ALL MEN BY THESE PRESENTS, that the undersigned, the fee simple owner of the lands described herein, hereby constitutes and appoints 	 (“Proxy Holder”) for and on behalf of the undersigned, to vote as proxy at the meeting of the landowners of the Scenic Terrace South Community Development District to be held at the Holiday Inn—Winter Haven, 200 Cypress Gardens Blvd., Winter Haven, Florida 33880, on Wednesday, November 19, 2025, at 9:30 a.m., and at any adjournments thereof, according to the number of acres of unplatted land and/or platted lots owned by the undersigned landowner that the undersigned would be entitled to vote if then personally present, upon any question, proposition, or resolution or any other matter or thing that may be considered at said meeting including, but not limited to, the election of members of the Board of Supervisors. Said Proxy Holder may vote in accordance with his or her discretion on all matters not known or determined at the time of solicitation of this proxy, which may legally be considered at said meeting.

Any proxy heretofore given by the undersigned for said meeting is hereby revoked. This proxy is to continue in full force and effect from the date hereof until the conclusion of the landowners’ meeting and any adjournment or adjournments thereof, but may be revoked at any time by written notice of such revocation presented at the landowners’ meeting prior to the Proxy Holder’s exercising the voting rights conferred herein.

Printed Name of Legal Owner		
Signature of Legal Owner

Parcel Description		Date

Acreage	

Authorized Votes	

[Insert above the street address of each parcel, the legal description of each parcel, or the tax identification number of each parcel. If more space is needed, identification of parcels owned may be incorporated by reference to an attachment hereto.]

Total Number of Authorized Votes:

NOTES: Pursuant to Section 190.006(2)(b), Florida Statutes (2024), a fraction of an acre is treated as one (1) acre entitling the landowner to one vote with respect thereto. For purposes of determining voting interests, platted lots shall be counted individually and rounded up to the nearest whole acre. Moreover, two (2) or more persons who own real property in common that is one acre or less are together entitled to only one vote for that real property.

If the fee simple landowner is not an individual, and is instead a corporation, limited liability company, limited partnership or other entity, evidence that the individual signing on behalf of the entity has the authority to do so should be attached hereto (e.g., bylaws, corporate resolution, etc.).

OFFICIAL BALLOT
SCENIC TERRACE SOUTHCOMMUNITY DEVELOPMENT DISTRICT POLK COUNTY, FLORIDA
LANDOWNERS’ MEETING – WEDNESDAY, NOVEMBER 19, 2025

For Election (3 Supervisors): The two (2) candidates receiving the highest number of votes will each receive a four (4) year term, and the one (1) candidate receiving the next highest number of votes will receive a two (2) year term, with the term of office for the successful candidates commencing upon election.
The undersigned certifies that he/she/it is the fee simple owner of land, or the proxy holder for the fee simple owner of land, located within the Scenic Terrace South Community Development District and described as follows:

Description	Acreage

[Insert above the street address of each parcel, the legal description of each parcel, or the tax identification number of each parcel.] [If more space is needed, identification of parcels owned may be incorporated by reference to an attachment hereto.]

or

Attach Proxy.
I,		,	as	Landowner,	or	as	the	proxy	holder	of
	 (Landowner) pursuant to the Landowner’s Proxy attached hereto, do cast my votes as follows:

SEAT #	NAME OF CANDIDATE	NUMBER OF VOTES	
2			
3			
4			

Date: 		Signed: 	
Printed Name: 	

Section VII

RESOLUTION 2025-08

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE SCENIC TERRACE SOUTH COMMUNITY DEVELOPMENT	DISTRICT	CONFIRMING AUTHORIZATION TO PAY INVOICES FOR WORK PREVIOUSLY APPROVED; AUTHORIZING THE CHAIR OR VICE CHAIR OF THE BOARD OF SUPERVISORS AND THE DISTRICT MANAGER TO ENTER INTO TIME SENSITIVE AND EMERGENCY CONTRACTS AND DISBURSE FUNDS FOR PAYMENT OF CERTAIN EXPENSES WITHOUT PRIOR APPROVAL OF THE BOARD OF SUPERVISORS; PROVIDING FOR A MONETARY THRESHOLD; AND PROVIDING FOR THE REPEAL OF PRIOR SPENDING AUTHORIZATIONS; PROVIDING FOR AN EFFECTIVE DATE.
WHEREAS, the Scenic Terrace South Community Development District (“District”) is a local unit of special-purpose government created and existing pursuant to Chapter 190, Florida Statutes; and

WHEREAS, Section 190.011(5), Florida Statutes, authorizes the District to adopt resolutions which may be necessary for the conduct of District business; and
WHEREAS, the Board of Supervisors of the District (“Board”) typically meets on an as needed basis, and in no event more than monthly, to conduct the business of the District, including approval of proposals, authorizing the entering into of agreements or contracts, and authorizing the payment of District operating and maintenance expenses; and
WHEREAS, the Board contracted with the District Manager to timely pay the District’s vendors and perform other management functions; and
WHEREAS, the Board desires to confirm that the District Manager is authorized to pay invoices, regardless of the dollar amounts, for work previously approved by the Board and such payments do not need to be approved by the Board prior to payment; and

WHEREAS, the Board recognizes that certain time sensitive or emergency issues may arise from time to time that require approval outside of regular monthly meetings; and

WHEREAS, to conduct the business of the District in an efficient manner, recurring, non- recurring, and other disbursements for goods and services must be processed and paid in a timely manner; and

WHEREAS, the Board has determined that it is in the best interests of the District, and is necessary for the efficient administration of District operations; the health, safety, and welfare of the residents within the District; and the preservation of District assets and facilities, to authorize

limited spending authority to the Chair (or Vice Chair, if the Chair is unavailable) of the Board and the District Manager between regular monthly meetings, for work and services that are time sensitive and/or emergency in nature.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE SCENIC TERRACE SOUTH COMMUNITY DEVELOPMENT DISTRICT:
Authorization to Pay Invoices for Work Previously Approved. The District Manager is authorized to pay invoices, regardless of the dollar amounts, for work previously approved by the Board in accordance with such contracts and such payments do not need to be approved by the Board prior to payment nor do they need to be re-approved by the Board at a future meeting.

Limited Spending Authorization. The Board hereby authorizes the individuals stated below to exercise their judgment to enter into time sensitive and emergency contracts and disburse funds up to the amounts stated below, without prior Board approval for expenses
(1) that are required to provide for the health, safety, and welfare of the residents within the District; (2) for the maintenance, repair, or replacement of a District asset; or (3) to remedy an unforeseen disruption in services relating to the District’s facilities or assets, if such disruption would result in significantly higher expenses unless the contract is entered into immediately.
The District Manager may individually authorize such expense up to $2,500.00 per proposal and/or event.
The Chair (or Vice Chair, if the Chair is unavailable) may individually authorize such expenses up to $10,000.00 per proposal and/or event.
The District Manager and Chair (or Vice Chair, if the Chair is unavailable) may jointly authorize such expenses up to $25,000.00 per proposal and/or event.

Ratification of Spending Authorization at Future Meeting. Any payment made or contract entered into pursuant to this Resolution shall be submitted to the Board at the next scheduled meeting for approval and ratification.

Repeal of Prior Spending Authorizations. All prior spending authorizations approved by resolution or motion of the Board are hereby repealed.
Effective Date. This Resolution shall become effective immediately upon its adoption.

PASSED AND ADOPTED THIS 20TH DAY OF AUGUST 2025.

ATTEST:	SCENIC TERRACE SOUTH
COMMUNITY DEVELOPMENT DISTRICT

Secretary/Assistant Secretary	Chairperson, Board of Supervisors

Section VIII

RESOLUTION 2025-09

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE SCENIC TERRACE SOUTH COMMUNITY DEVELOPMENT DISTRICT ADOPTING AN AMENDMENT TO THE AMENITY POLICIES OF THE DISTRICT; PROVIDING A SEVERABILITY CLAUSE; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the Scenic Terrace South Community Development District (“District”) is a local unit of special-purpose government created and existing pursuant to Chapter 190, Florida Statutes, being situated within the Town of Lake Hamilton, Polk County, Florida; and

WHEREAS, the District’s Board of Supervisors (“Board”) is authorized by Section 190.011(5), Florida Statutes, to adopt rules, rates, charges and fees; and

WHEREAS, the Board accordingly finds that it is in the best interest of the District to adopt by resolution an amendment to the policies set forth in Exhibit A (“Amendment”), which relate to use of the District’s amenity facilities and other District-owned property, for immediate use and application.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE SCENIC TERRACE SOUTH COMMUNITY DEVELOPMENT DISTRICT:

SECTION 1. The above stated recitals are true and correct and are hereby incorporated herein by reference.

SECTION 2. The Amendment attached hereto as Exhibit A is hereby adopted pursuant to this Resolution as necessary for the conduct of District business. The amended policies shall remain in full force and effect until such time as the Board may amend or replace them.

SECTION 3. If any provision of this Resolution is held to be illegal or invalid, the other provisions shall remain in full force and effect.
SECTION 4. This Resolution shall become effective immediately upon its adoption.

PASSED AND ADOPTED this 20th day of August 2025.

ATTEST:	SCENIC TERRACE SOUTH COMMUNITY DEVELOPMENT DISTRICT

Secretary	Chairperson, Board of Supervisors
Exhibit A: Amendment to Policies

EXHIBIT A
Amendment to Policies

LAKES AND PONDS POLICIES
Lakes and Ponds (used interchangeably and reference to one shall implicate the other) within the District primarily function as retention ponds to facilitate the District’s system for treatment and attenuation of stormwater run-off and overflow. As a result, contaminants may be present in the water. These policies are intended to limit contact with such contaminants and ensure the continued operations of the Ponds while allowing limited recreational use of the same.
Users of District Lakes shall not engage in any conduct or omission that violates any ordinance, resolution, law, permit requirement or regulation of any governmental entity relating to the District Lakes.
Wading and swimming in District Lakes are prohibited.
Boating (motorized and non-motorized), paddleboarding, and other recreational water activities are prohibited in District Lakes.
Patrons may fish from District Lakes. However, the District has a “catch and release” policy for all fish caught in these waters.
Pets are not allowed in the District Lakes.
Owners of property lying contiguous to the District Lakes shall take such actions as may be necessary to remove underbrush, weeds or unsightly growth from the Owner’s property that detract from the overall beauty, setting and safety of the property.
No docks or other structures, whether permanent or temporary, shall be constructed and placed in or around the District Lakes or other District stormwater management facilities.
No pipes, pumps or other devices used for irrigation or the withdrawal of water shall be placed in or around the District Lakes, except by the District.
No foreign materials may be disposed of in the District Lakes, including, but not limited to: tree branches, paint, cement, oils, soap suds, building materials, chemicals, fertilizers, or any other material that is not naturally occurring or which may be detrimental to the Lake environment.
Easements through residential backyards along the community's stormwater management system are for maintenance purposes only and are not general grants for access for fishing or any other recreational purpose. Access to residents' backyards via these maintenance easements is prohibited. Unless individual property owners explicitly grant permission for others to access their backyards, entering their private property can be considered trespassing. Please be considerate of the privacy rights of other residents.
Beware of wildlife - water moccasins and other snakes, alligators, snapping turtles, birds and other wildlife which may pose a threat to your safety are commonly found in

stormwater management facilities in Florida. Wildlife may neither be removed from nor released into the District Lakes; notwithstanding the foregoing, nuisance alligators posing a threat to the health, safety and welfare may be removed by a properly permitted and licensed nuisance alligator trapper, in accordance with all applicable state and local laws, rules, ordinances and policies including but not limited to rules promulgated by the Florida Fish and Wildlife Conservation Commission (“FWC”). Anyone concerned about an alligator is encouraged to call FWC’s toll-free Nuisance Alligator Hotline at 866- FWC-GATOR (866-392-4286).
Any hazardous condition concerning the District Lakes must immediately be reported to the District Manager and the proper authorities.

Section IX

SCENIC TERRACE SOUTH COMMUNITY DEVELOPMENT DISTRICT
FINANCIAL STATEMENTS
September 30, 2024

SCENIC TERRACE SOUTH COMMUNITY DEVELOPMENT DISTRICT
FINANCIAL STATEMENTS
September 30, 2024
CONTENTS
PAGE
Independent Auditors’ Report	1-3
Management’s Discussion and Analysis	4-8
Government-wide Financial Statements:
Statement of Net Position	9
Statement of Activities	10
Fund Financial Statements:
Balance Sheet – Governmental Funds	11
Reconciliation of Total Governmental Fund Balances
to Net Position of Governmental Activities	12
Statement of Revenues, Expenditures and Changes in
Fund Balances – Governmental Funds	13
Reconciliation of the Statement of Revenues, Expenditures and Changes in Fund Balances of Governmental Funds
to the Statement of Activities	14
Notes to the Financial Statements	15-27
Required Supplementary Information
Statement of Revenues and Expenditures – Budget and Actual – General Fund	28
Notes to Required Supplementary Information	29
Independent Auditor’s Report on Internal Control Over Financial Reporting and on Compliance and Other Matters Based on an Audit of Financial Statements
Performed in Accordance with Government Auditing Standards	30-31
Independent Auditor’s Report on Compliance with the Requirements of Section 218.415, Florida Statutes, Required by Rule 10.556 (10) of the Auditor General
of the State of Florida	32
Auditor’s Management Letter Required by Chapter 10.550, Florida Statutes	33-35

DMHB

DIBARTOLOMEO, MCBEE, HARTLEY & BARNES, P.A.
CERTIFIED PUBLIC ACCOUNTANTS
INDEPENDENT AUDITORS’ REPORT

To the Board of Supervisors
Scenic Terrace South Community Development District Town of Lake Hamilton, Florida
Opinions
We have audited the accompanying financial statements of the governmental activities and each major fund of Scenic Terrace South Community Development District, Town of Lake Hamilton, Florida (“District”) as of and for the year ended September 30, 2024, and the related notes to the financial statements, which collectively comprise the District’s basic financial statements as listed in the table of contents.
In our opinion, the financial statements referred to above present fairly, in all material respects, the respective financial position of the governmental activities and each major fund of the District as of September 30, 2024, and the respective changes in financial position for the year then ended in accordance with accounting principles generally accepted in the United States of America.
Basis for Opinions
We conducted our audit in accordance with auditing standards generally accepted in the United States of America Our responsibilities under those standards are further described in the Auditor’s Responsibilities for the Audit of the Financial Statements section of our report. We are required to be independent of the District and to meet our other ethical responsibilities, in accordance with the relevant ethical requirements relating to our audit. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinions.
Responsibilities of Management for the Financial Statements
Management is responsible for the preparation and fair presentation of the financial statements in accordance with accounting principles generally accepted in the United States of America, and for the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, management is required to evaluate whether there are conditions or events, considered in the aggregate, that raise substantial doubt about the District’s ability to continue as a going concern for twelve months beyond the financial statement date, including any currently known information that may raise substantial doubt shortly thereafter.
Auditor’s Responsibilities for the Audit of the Financial Statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinions.

2222 Colonial Road, Suite 200 Fort Pierce, Florida 34950772-461-8833  Fax: 772-461-8872 591 S.E. Port St. Lucie Blvd., Port St. Lucie, Florida 34984772-878-1952Fax: 772-878-1709
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Reasonable assurance is a high level of assurance but is not absolute assurance and therefore is not a guarantee that an audit conducted in accordance with generally accepted auditing standards will always detect a material misstatement when it exists. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. Misstatements are considered material if there is a substantial likelihood that, individually or in the aggregate, they would influence the judgment made by a reasonable user based on the financial statements.
In performing an audit in accordance with generally accepted auditing standards, we:
Exercise professional judgment and maintain professional skepticism throughout the audit.
Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, and design and perform audit procedures responsive to those risks. Such procedures include examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements.
Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the District’s internal control. Accordingly, no such opinion is expressed.
Evaluate the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluate the overall presentation of the financial statements.
Conclude whether, in our judgment, there are conditions or events, considered in the aggregate, that raise substantial doubt about the District’s ability to continue as a going concern for a reasonable period of time.
We are required to communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit, significant audit findings, and certain internal control-related matters that we identified during the audit.
Required Supplementary Information
Accounting principles generally accepted in the United States of America require that the management’s discussion and analysis and budgetary comparison information be presented to supplement the basic financial statements. Such information is the responsibility of management and, although not a part of the basic financial statements, is required by the Governmental Accounting Standards Board, who considers it to be an essential part of financial reporting for placing the basic financial statements in an appropriate operational, economic, or historical context. We have applied certain limited procedures to the required supplementary information in accordance with auditing standards generally accepted in the United States of America, which consisted of inquiries of management about the methods of preparing the information and comparing the information for consistency with management’s responses to our inquiries, the basic financial statements, and other knowledge we obtained during our audit of the basic financial statements. We do not express an opinion or provide any assurance on the information because the limited procedures do not provide us with sufficient evidence to express an opinion or provide any assurance.

Other Reporting Required by Government Auditing Standards
In accordance with Government Auditing Standards, we have also issued our report dated June 19, 2025, on our consideration of the Scenic Terrace South Community Development District’s internal control over financial reporting and on our tests of its compliance with certain provisions of laws, rules, regulations, contracts, and grant agreements and other matters. The purpose of that report is solely to describe the scope of our testing of internal control over financial reporting and compliance and the results of that testing, and not to provide an opinion on the effectiveness of the internal control over financial reporting or on compliance. That report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the District’s internal control over financial reporting and compliance.
Report on Other Legal and Regulatory Requirements
We have also issued our report dated June 19, 2025 on our consideration of the District’s compliance with requirements of Section 218.415, Florida Statutes, as required by Rule 10.556(10) of the Auditor General of the State of Florida. The purpose of that report is to provide an opinion based on our examination conducted in accordance with attestation Standards established by the American Institute of Certified Public Accountants.

DiBartolomeo, McBee, Hartley & Barnes, P.A. Fort Pierce, Florida
June 19, 2025

SCENIC TERRACE SOUTH COMMUNITY DEVELOPMENT DISTRICT
MANAGEMENT'S DISCUSSION AND ANALYSIS
September 30, 2024

Our discussion and analysis of Scenic Terrace South Community Development District, Town of Lake Hamilton, Florida (“District”) financial performance provides an overview of the District's financial activities for the fiscal year ended September 30, 2024. Please read it in conjunction with the District's Independent Auditor's Report, basic financial statements, accompanying notes and supplementary information to the basic financial statements.

FINANCIAL HIGHLIGHTS

The assets of the District exceeded its liabilities at the close of the most recent fiscal year resulting in a net position balance of $15,783,989.

The change in the District's total net position in comparison with the prior fiscal year was
$6,736,198, an increase. The key components of the District's net position and change in net position are reflected in the table in the government-wide financial analysis section.

At September 30, 2024, the District's governmental funds reported combined ending fund balances of $1,964,902. A portion of fund balance is restricted for debt service and future capital repairs and replacement, nonspendable prepaid items, and the remainder is unassigned fund balance which is available for spending at the District’s discretion.

OVERVIEW OF FINANCIAL STATEMENTS

This discussion and analysis is intended to serve as the introduction to the District's financial statements. The District's basic financial statements are comprised of three components: 1) government-wide financial statements, 2) fund financial statements, and 3) notes to the financial statements. This report also contains other supplementary information in addition to the basic financial statements themselves.

Government-Wide Financial Statements

The government-wide financial statements are designed to provide readers with a broad overview of the District's finances, in a manner similar to a private-sector business.

The statement of net position presents information on all the District's assets and liabilities, with the difference between the two reported as net position. Over time, increases or decreases in net position may serve as a useful indicator of whether the financial position of the District is improving or deteriorating.

The statement of activities presents information showing how the government's net position changed during the most recent fiscal year. All changes in net position are reported as soon as the underlying event giving rise to the change occurs, regardless of the timing of related cash flows. Thus, revenues and expenses are reported in this statement for some items that will only result in cash flows in future fiscal periods.

SCENIC TERRACE SOUTH COMMUNITY DEVELOPMENT DISTRICT
MANAGEMENT'S DISCUSSION AND ANALYSIS
September 30, 2024

The government-wide financial statements include all governmental activities that are principally supported by special assessment revenues. The District does not have any business-type activities. The governmental activities of the District include the general government (management) and maintenance and operations.

Fund Financial Statements

A fund is a grouping of related accounts that is used to maintain control over resources that have been segregated for specific activities or objectives. The District, like other state and local governments, uses fund accounting to ensure and demonstrate compliance with finance-related legal requirements. The District has one fund category: governmental funds.

Governmental Funds

Governmental funds are used to account for essentially the same functions reported as governmental activities in the government-wide financial statements. However, unlike the government-wide financial statements, governmental fund financial statements focus on near-term inflows and outflows of spendable resources, as well as on balances of spendable resources available at the end of the fiscal year. Such information may be useful in evaluating a District's near-term financing requirements.

Because the focus of governmental funds is narrower than that of the government-wide financial statements, it is useful to compare the information presented for governmental funds with similar information presented for governmental activities in the government- wide financial statements. By doing so, readers may better understand the long-term impact of the District's near-term financing decisions.

Both the governmental fund balance sheet and the governmental fund statement of revenues, expenditures, and changes in fund balance provide a reconciliation to facilitate this comparison between governmental funds and governmental activities.
The District maintains three individual governmental funds for external reporting. Information is presented in the governmental fund balance sheet and the governmental fund statement of revenues, expenditures, and changes in fund balances for the general fund, debt service fund and capital projects fund. All funds are major funds. The District adopts an annual appropriated budget for its general fund. A budgetary comparison schedule has been provided for the general fund to demonstrate compliance with the budget.

Notes to the Financial Statements

The notes provide additional information that is essential to a full understanding of the data provided in the government-wide and fund financial statements.

SCENIC TERRACE SOUTH COMMUNITY DEVELOPMENT DISTRICT
MANAGEMENT'S DISCUSSION AND ANALYSIS
September 30, 2024

GOVERNMENT WIDE FINANCIAL ANALYSIS
As noted earlier, net position may serve over time as a useful indicator of an entity's financial position. In the case of the District, assets exceeded liabilities at the close of the most recent fiscal year. A portion of the District's net position reflects its investment in capital assets (e.g. land, land improvements and infrastructure). These assets are used to provide services to residents; consequently, these assets are not available for future spending. The remaining balance of unrestricted net position may be used to meet the District's other obligations.
Key components of net position were as follows:

	Statement of Net Position		
		2024		2023	
Current assets		$ 2,008,619		$ 5,363,415	
Capital assets		33,776,562		26,113,936	
Total assets		35,785,181		31,477,351	
Current liabilities		772,780		1,699,560	
Long-term liabilities	19,228,412		20,730,000	
Total liabilities	20,001,192		22,429,560	
Net position					
Net invested in capital assets	14,275,963		4,079,472	
Restricted for debt service	846,121		3,998,897	
Restricted for capital projects	101,722		397,813	
Unrestricted	560,183		571,609	
Total net position	$15,783,989		$ 9,047,791	
The District's net position increased during the most recent fiscal year. The majority of the change represents the degree to which program revenues exceeded ongoing cost of operations.
Key elements of the District's change in net position are reflected in the following table:
Change in Net Position

	2024		2023	
Program revenues	$	8,001,986		$ 11,047,684	
General revenues		137,369 			192,600 	
Total revenues		8,139,355 		  11,240,284 	
Expenses				
General government	104,326		137,616	
Physical environment	83,706		625	
Culture and recreation	29,064		-	
Interest on long-term debt	968,286		1,001,965	
Cost of issuance	217,775		-	
Total expenses		1,403,157 			1,140,206 	
Change in net position	6,736,198		10,100,078	
Net position - beginning of period		9,047,791 			(1,052,287)	
Net position - end of year	$ 15,783,989		$ 9,047,791	

SCENIC TERRACE SOUTH COMMUNITY DEVELOPMENT DISTRICT
MANAGEMENT'S DISCUSSION AND ANALYSIS
September 30, 2024

As noted above and in the statement of activities, the cost of all governmental activities during the fiscal year ended September 30, 2024 was $1,403,157, which primarily consisted of interest on long-term debt and costs associated with constructed and maintaining certain capital improvements. The costs of the District’s activities were funded by developer contributions and special assessments.

GENERAL BUDGETING HIGHLIGHTS

An operating budget was adopted and maintained by the governing board for the District pursuant to the requirements of Florida Statutes. The budget is adopted using the same basis of accounting that is used in preparation of the fund financial statements. The legal level of budgetary control, the level at which expenditures may not exceed budget, is in the aggregate. Any budget amendments that increase the aggregate budgeted appropriations must be approved by the Board of Supervisors. Actual general fund expenditures did not exceed appropriations for the fiscal year ended September 30, 2024.

The variance between budgeted and actual general fund revenues is not considered significant. The actual general fund expenditures for the current fiscal year were significantly lower than budgeted amounts due primarily to anticipated costs which were not incurred in the current fiscal year.

CAPITAL ASSETS AND DEBT ADMINISTRATION

Capital Assets

At September 30, 2024, the District had $33,776,562 invested in equipment and construction in process. Construction in process has not completed as of September 30, 2024 and therefore is not depreciated to date. Once projects are complete, items will transfer to depreciable assets. More detailed information about the District’s capital assets is presented in the notes of the financial statements.

Capital Debt
At September 30, 2024, the District had $19,575,599 in notes payable and Bonds outstanding for its governmental activities. More detailed information about the District’s capital debt is presented in the accompanying notes to the financial statements.

ECONOMIC FACTORS, NEXT YEAR'S BUDGET AND OTHER INFORMATION

For the fiscal year 2025, the District anticipates that the cost of general operations will remain fairly constant. In connection with the District's future infrastructure maintenance and replacement plan, the District Board has included in the budget, an estimate of those anticipated future costs and has assigned a portion of current available resources for that purpose.

SCENIC TERRACE SOUTH COMMUNITY DEVELOPMENT DISTRICT
MANAGEMENT'S DISCUSSION AND ANALYSIS
September 30, 2024

CONTACTING THE DISTRICT'S FINANCIAL MANAGEMENT

This financial report is designed to provide our citizens, land owners, customers, investors and creditors with a general overview of the District's finances and to demonstrate the District's accountability for the financial resources it manages and the stewardship of the facilities it maintains. If you have questions about this report or need additional financial information, contact Scenic Terrace South Community Development District's Finance Department at 219 E. Livingston Street, Orlando, Florida 32801.

SCENIC TERRACE SOUTH COMMUNITY DEVELOPMENT DISTRICT
STATEMENT OF NET POSITION
September 30, 2024

	GOVERNMENTAL
	ACTIVITIES		
ASSETS		
Cash and cash equivalents	$	554,190	
Assessments receivable	1,065	
Due from developer	30,750	
Prepaid items	20,848	
Restricted assets:
Investments	
1,399,230	
Assessments receivable	2,536	
Capital assets:
Non-depreciable	
33,659,847	
Depreciable		116,715 	
TOTAL ASSETS	$	35,785,181	
LIABILITIES		
Accounts payable and accrued expenses	$	43,717	
Accrued interest payable	381,876	
Bonds and notes payable, due within one year	347,187	
Bonds and notes payable, due in more than one year		19,228,412 	
TOTAL LIABILITIES	20,001,192	
NET POSITION		
Net investment in capital assets	14,275,963	
Restricted for:
Debt service	
846,121	
Capital projects	101,722	
Unrestricted		560,183 	
TOTAL NET POSITION	 $	15,783,989 	

SCENIC TERRACE SOUTH COMMUNITY DEVELOPMENT DISTRICT
STATEMENT OF ACTIVITIES
Year Ended September 30, 2024

Program Revenues

Net (Expense) Revenues and Changes in Net Position

	Charges for		Operating		Governmental	
Functions/Programs		Expenses		Services		Contributions		Activities	
Governmental activities									
General government		$	104,326		$	104,326		$ 5,428,068		$	5,428,068	
Physical environment		83,706		376,914		-		293,208	
Culture and recreation		29,064		29,064				-	
Interest on long-term debt		968,286		2,063,614		-		1,095,328	
Cost of issuance		217,775		-		-		(217,775)	
Total governmental activities	$	1,403,157	$	2,573,918	$ 5,428,068	6,598,829	
General revenues:
Investment earnings	137,369
Total general revenues	137,369

Change in net position	6,736,198

Net position - October 1, 2023	9,047,791
Net position - September 30, 2024	$ 15,783,989

SCENIC TERRACE SOUTH COMMUNITY DEVELOPMENT DISTRICT
BALANCE SHEET – GOVERNMENTAL FUNDS
September 30, 2024

ASSETS

MAJOR FUNDS

	GENERAL	  DEBT SERVICE

CAPITAL
	PROJECTS	

TOTAL GOVERNMENTAL
	FUNDS	

Cash and cash equivalents	$	553,420		$	-		$	770		$	554,190	
Assessments receivable	1,065		-		-		1,065	
Due from other funds	-		2,233		-		2,233	
Due from developer	-		-		30,750		30,750	
Prepaid items	20,848		-		-		20,848	
Restricted assets:								
Investments	-		1,328,978		70,252		1,399,230	
Assessments receivable	-		2,536		-		2,536	
TOTAL ASSETS	$	575,333		$ 1,333,747		$	101,772		$	2,010,852	
LIABILITIES AND FUND BALANCES

LIABILITIES
Accounts payable and accrued expenses	$	12,967	$	-	$	30,750	$	43,717	
Due to other funds	2,183	-	50	2,233	
TOTAL LIABILITIES	15,150		-		30,800		45,950	

FUND BALANCES
Nonspendable: Prepaid items	

20,848	

-	

-	

20,848	
Restricted for:
Debt service	
-	
1,333,747	
-	
1,333,747	
Capital projects	-	-	70,972	70,972	
Unassigned	539,335	-	-	539,335	

TOTAL FUND BALANCES	560,183	1,333,747		70,972		1,964,902	
TOTAL LIABILITIES AND
FUND BALANCES	$	575,333	
$ 1,333,747	
$	101,772	
$	2,010,852	

SCENIC TERRACE SOUTH COMMUNITY DEVELOPMENT DISTRICT
RECONCILIATION OF TOTAL GOVERNMENTAL FUND BALANCES TO NET POSITION OF GOVERNMENTAL ACTIVITIES
September 30, 2024

Total Governmental Fund Balances in the Balance Sheet	$	1,964,902

Amount reported for governmental activities in the Statement of Net Assets are different because:
Capital asset used in governmental activities are not financial resources and therefore are not reported in the governmental funds:
Governmental capital assets	33,794,433
Less accumulated depreciation	(17,871)
Certain liabilities are not due and payable in the current period and therefore are not reported in the governmental funds:

Accrued interest payable	(381,876)	
Original issue discount	4,261	
Governmental bonds payable		(19,579,860)	
Net Position of Governmental Activities	 $ 15,783,989 

SCENIC TERRACE SOUTH COMMUNITY DEVELOPMENT DISTRICT
STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES – GOVERNMENTAL FUNDS
Year Ended September 30, 2024

REVENUES

MAJOR FUNDS

  GENERAL   DEBT SERVICE

CAPITAL
  PROJECTS	

TOTAL GOVERNMENTAL
	FUNDS	

Developer contributions

$	495	$

-	$  5,427,573	$

5,428,068

Special assessments	510,304	2,063,614	-	2,573,918
Investment earnings		-	 	115,918  	21,451  	137,369 
TOTAL REVENUES		510,799  	2,179,532  	5,449,024  	8,139,355 
EXPENDITURES
General government	103,082	-	1,244	104,326	
Physical environment	83,706	-	-	83,706	
Culture and recreation	11,193	-	-	11,193	
Capital outlay
Debt	134,586	-	7,545,911	7,680,497	
Principal	14,726	3,820,000	-	3,834,726	
Interest expense	13,458	965,073	-	978,531	
Bond issuance costs		-			-	 	217,775 		217,775 	
TOTAL EXPENDITURES		360,751 		4,785,073  	7,764,930 		12,910,754 	
EXCESS REVENUES OVER					
(UNDER) EXPENDITURES		150,048 		(2,605,541)		(2,315,906)		(4,771,399)	
OTHER SOURCES (USES)					
Transfers in (out)	-	(624,681)	624,681	-	
Financed purchase - notes payable proceeds	134,586	-	-	134,586	
Bond discount	-	-	(4,261)	(4,261)	
Bond proceeds		-			172,950 		2,022,050 		2,195,000 	
TOTAL OTHER SOURCES (USES)	134,586
EXCESS REVENUES OVER	(451,731)	2,642,470	2,325,325	
(UNDER) EXPENDITURES
AND OTHER USES	284,634	
(3,057,272)	
326,564	
(2,446,074)	
FUND BALANCE				
Beginning of year		275,549 		4,391,019  	(255,592)		4,410,976 	
End of year	 $	560,183 	 $  1,333,747   $	70,972 	 $	1,964,902 	

SCENIC TERRACE SOUTH COMMUNITY DEVELOPMENT DISTRICT RECONCILIATION OF THE STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES OF GOVERNMENTAL FUNDS TO THE STATEMENT OF ACTIVITIES
Year Ended September 30, 2024

Net Change in Fund Balances - Total Governmental Funds	$ (2,446,074)

Amount reported for governmental activities in the Statement of Activities are different because:
The issuance of long-term debt provides current financial resources to governmental funds. These transactions, however, have no effect on net
assets. This is the amount of long-term debt issued in the current period.	(2,195,000)

Governmental funds report capital outlays as expenditures. However,
in the Statement of Activities, the costs of those assets are depreciated over their estimated useful lives:
Capital outlay	7,680,497
Repayment of long-term liabilities are reported as expenditures in the governmental fund financial statements, but such repayments reduce liabilities in the Statement of Net Position and are eliminated in the Statement of Activities:
Payments on long-term debt	3,834,726
Certain items reported in the Statement of Activities do not require the use of current financial resources and therefore are not reported expenditures in the governmental funds:
Curent year provision for depreciation	(17,871)
Change in accrued interest payable	10,245

Change in Net Position of Governmental Activities	$ 6,866,523

SCENIC TERRACE SOUTH COMMUNITY DEVELOPMENT DISTRICT
NOTES TO FINANCIAL STATEMENTS
September 30, 2024

NOTE A- NATURE OF ORGANIZATION AND REPORTING ENTITY
Scenic Terrace South Community Development District ("District”) was created on October 5, 2021 by the Town Council of Town of Lake Hamilton, Florida Ordinance No. O-21-19 pursuant to the Uniform Community Development District Act of 1980, otherwise known as Chapter 190, Florida Statutes. The boundaries of the District were amended on May 2, 2023 by the Town Council of Town of Lake Hamilton, Florida Ordinance No. O-23-05 pursuant to the Act. The Act provides among other things, the power to manage basic services for community development, power to borrow money and issue bonds, and to levy and assess non-ad valorem assessments for the financing and delivery of capital infrastructure.
The District was established for the purposes of financing and managing the acquisition, construction, maintenance and operation of a portion of the infrastructure necessary for community development within the District.
The District is governed by the Board of Supervisors ("Board"), which is composed of five members. The majority of the Board members are affiliated with the Developer or landowner. The Supervisors are elected on an at large basis by the qualified electors of the property owners within the District. The Board of Supervisors of the District exercise all powers granted to the District pursuant to Chapter 190, Florida Statutes.
The Board has the responsibility for:
Assessing and levying assessments.
Approving budgets.
Exercising control over facilities and properties.
Controlling the use of funds generated by the District.
Approving the hiring and firing of key personnel.
Financing Improvements.
The financial statements were prepared in accordance with Governmental Accounting Standards Board ("GASB") Statements. Under the provisions of those standards, the financial reporting entity consists of the primary government, organizations for which the District Board of Supervisors is considered to be financially accountable, and other organizations for which the nature and significance of their relationship with the District are such that, if excluded, the financial statements of the District would be considered incomplete or misleading. There are no entities considered to be component units of the District; therefore, the financial statements include only the operations of the District.
NOTE B - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Government-Wide and Fund Financial Statements
The basic financial statements include both government-wide and fund financial statements. The government-wide financial statements (i.e., the statement of net position and the statement of activities) report information on all of the non-fiduciary activities of the primary government. For the most part, the effect of interfund activity has been removed from these statements.

SCENIC TERRACE SOUTH COMMUNITY DEVELOPMENT DISTRICT
NOTES TO FINANCIAL STATEMENTS
September 30, 2024

NOTE B - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)
Government-Wide and Fund Financial Statements (continued)
The statement of activities demonstrates the degree to which the direct expenses of a given function or segment is offset by program revenues. Direct expenses are those that are clearly identifiable with a specific function or segment. Program revenues include 1) charges to customers who purchase, use or directly benefit from goods, services or privileges provided by a given function or segment. Operating-type special assessments for maintenance and debt service are treated as charges for services and 2) grants and contributions that are restricted to meeting the operational or capital requirements of a particular function or segment. Other Items not included among program revenues are reported instead as general revenues.
Measurement Focus, Basis of Accounting and Financial Statement Presentation
The government-wide financial statements are reported using the economic resources measurement focus and the accrual basis of accounting. Revenues are recorded when earned and expenses are recorded when a liability is incurred, regardless of the timing of related cash flows. Assessments are recognized as revenues in the year for which they are levied. Grants and similar items are to be recognized as revenue as soon as all eligibility requirements imposed by the provider have been met.
Governmental fund financial statements are reported using the economic financial resources measurement focus and the modified accrual basis of accounting. Revenues are recognized as soon as they are both measurable and available. Revenues are considered to be available when they are collectible within the current period or soon enough thereafter to pay liabilities of the current period. For this purpose, the government considers revenues to be available if they are collected within 60 days of the end of the current fiscal period.
Expenditures are recorded when a liability is incurred, as under accrual accounting. Assessments
Assessments are non-ad valorem assessments on benefited lands within the District. Assessments are levied to pay for the operations and maintenance of the District. The fiscal year for which annual assessments are levied begins on October 1 with discounts available for payments through February 28 and become delinquent on April 1. The District's annual assessments for operations are billed and collected by the County Tax Collector. The amounts remitted to the District are net of applicable discounts or fees and include interest on monies held from the day of collection to the day of distribution.
Assessments and interest associated with the current fiscal period are considered to be susceptible to accrual and so have been recognized as revenues of the current fiscal period. The portion of assessments receivable due within the current fiscal period is considered to be susceptible to accrual as revenue of the current period. All other revenue items are considered to be measurable and available only when cash is received by the government.

SCENIC TERRACE SOUTH COMMUNITY DEVELOPMENT DISTRICT
NOTES TO FINANCIAL STATEMENTS
September 30, 2024

NOTE B - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

Measurement Focus, Basis of Accounting and Financial Statement Presentation (continued)
The District reports the following major governmental funds:
General Fund
The general fund is the general operating fund of the District. It is used to account for all financial resources except those required to be accounted for in another fund.
When both restricted and unrestricted resources are available for use, it is the government's policy to use restricted resources first for qualifying expenditures, then unrestricted resources as they are needed.
Debt Service Fund
The debt service fund is used to account for the accumulation of resources for the annual payment of principal and interest of long-term debt.
Capital Projects Fund
The capital projects fund accounts for the financial resources to be used for the acquisition or construction of major infrastructure with the District.
Assets, Liabilities and Net Position or Equity
Restricted Assets
These assets represent cash and investments set aside pursuant to contractual restrictions. Deposits and Investments
The District's cash and cash equivalents are considered to be cash on hand and demand deposits (interest and non-interest bearing).
The District has elected to proceed under the Alternative Investment Guidelines as set forth in Section 218.415 (17) Florida Statutes. The District may invest any surplus public funds in the following:
The Local Government Surplus Trust Funds, or any intergovernmental investment pool authorized pursuant to the Florida Interlocal Cooperation Act;
Securities and Exchange Commission registered money market funds with the highest credit quality rating from a nationally recognized rating agency;

SCENIC TERRACE SOUTH COMMUNITY DEVELOPMENT DISTRICT
NOTES TO FINANCIAL STATEMENTS
September 30, 2024

NOTE B - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

Assets, Liabilities and Net Position or Equity (continued)

Deposits and Investments (continued)

Interest bearing time deposits or savings accounts in qualified public depositories;
Direct obligations of the U.S. Treasury.

Securities listed in paragraph c and d shall be invested to provide sufficient liquidity to pay obligations as they come due. In addition, surplus funds may be deposited into certificates of deposit which are insured.

The District records all interest revenue related to investment activities in the respective funds and reports investments at fair value.

Inventories and Prepaid Items

Inventories of governmental funds are recorded as expenditures when consumed rather than when purchased.

Certain payments to vendors reflect costs applicable to future accounting periods and are recorded as prepaid items in both government-wide and fund financial statements.

Capital Assets

Capital assets, which include property, plant and equipment, and infrastructure assets (e.g., roads, sidewalks and similar items) are reported in the government activities columns in the government- wide financial statements. Capital assets are defined by the government as assets with an initial, individual cost of more than $5,000 (amount not rounded) and an estimated useful life in excess of one year. Such assets are recorded at historical cost or estimated historical cost if purchased or constructed. Donated capital assets are recorded at estimated fair market value at the date of donation.

The costs of normal maintenance and repairs that do not add to the value of the asset or materially extend assets lives are not capitalized. Major outlays for capital assets and improvements are capitalized as projects are constructed.

In the governmental fund financial statements, amounts incurred for the acquisition of capital assets are reported as fund expenditures. Depreciation expense is not reported in the governmental fund financial statements.

SCENIC TERRACE SOUTH COMMUNITY DEVELOPMENT DISTRICT
NOTES TO FINANCIAL STATEMENTS
September 30, 2024

NOTE B - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

Assets, Liabilities and Net Position or Equity (continued)

Capital Assets (continued)

Capital assets of the District are depreciated using the straight-line method over the following useful lives:

Assets	Years
Equipment	5
Unearned Revenue/Deferred Revenue

Governmental funds report unearned revenue in connection with resources that have been received, but not yet earned.
Long-Term Obligations
In the government-wide financial statements long-term debt and other long-term obligations are reported as liabilities in the statement of net position. Bond premiums and discounts are deferred and amortized over the life of the Bonds. Bonds payable are reported net of applicable premiums or discounts. Bond issuance costs are expensed when incurred.
In the fund financial statements, governmental fund types recognize premiums and discounts, as well as issuance costs, during the current period. The face amount of debt issued is reported as other financing sources. Premiums received on debt issuances are reported as other financing uses. Issuance costs, whether or not withheld from the actual debt proceeds received, are reported as debt service expenditures.

Deferred Outflows/Inflows of Resources

The statement of net position reports, as applicable, a separate section for deferred outflows of resources. Deferred outflows of resources represent a consumption of net position that applies to future reporting period(s) and so will not be recognized as an outflow of resources (expense/expenditure) until that time. For example, the District would record deferred outflows of resources related to debit amounts resulting from current and advance refundings resulting in the defeasance of debt (i.e. when there are differences between the reacquisition price and the net carrying amount of the old debt).

SCENIC TERRACE SOUTH COMMUNITY DEVELOPMENT DISTRICT
NOTES TO FINANCIAL STATEMENTS
September 30, 2024

NOTE B - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

Assets, Liabilities and Net Position or Equity (continued)

Deferred Outflows/Inflows of Resources (continued)

The statement of net position reports, as applicable, a separate section for deferred inflows of resources. Deferred inflows of resources represent an acquisition of net position that applies to future reporting period(s) and so will not be recognized as an inflow of resources (revenue) until that time. For example, when an asset is recorded in the governmental fund financial statements, but the revenue is not available, the District reports a deferred inflow of resources until such times as the revenue becomes available.

In addition to liabilities, the statement of financial position will sometimes report a separate section for deferred inflows of resources. This separate financial statement element, deferred inflows of resources, represents an acquisition of net position that applies to a future period(s) and so will not be recognized as an inflow of resources (revenue) until that time. The District has only one item, deferred revenue, which qualifies for reporting in this category.

Fund Equity/Net Position
In the fund financial statements, governmental funds report non spendable and restricted fund balance for amounts that are not available for appropriation or are legally restricted by outside parties for use for a specific purpose. Assignments of fund balance represent tentative management plans that are subject to change.
Committed fund balance - Amounts that can be used only for the specific purposes determined by a formal action (resolution) of the Board of Supervisors. Commitments may be changed or lifted only by the Board of Supervisors taking the same formal action (resolution) that imposed the constraint originally. Resources accumulated pursuant to stabilization arrangements sometimes are reported in this category.
Assigned fund balance - Includes spendable fund balance amounts that are intended to be used for specific purposes that are neither considered restricted nor committed. The Board can assign fund balance as it does when appropriating fund balance to cover differences in estimated revenue and appropriations in the subsequent year's appropriated budget. Assignments are generally temporary and normally the same formal action need not be taken to remove the assignment.
The District first uses committed fund balance, followed by assigned fund balance and then unassigned fund balance when expenditures are incurred for purposes for which amounts in any of the unrestricted fund balance classifications could be used.

SCENIC TERRACE SOUTH COMMUNITY DEVELOPMENT DISTRICT
NOTES TO FINANCIAL STATEMENTS
September 30, 2024

NOTE B - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

Assets, Liabilities and Net Position or Equity (continued)

Fund Equity/Net Position (continued)

Net position is the difference between assets and deferred outflows of resources less liabilities and deferred inflows of resources. Net position in the government-wide financial statements are categorized as net investment in capital assets, restricted or unrestricted. Net investment in capital assets represents net position related to infrastructure and property, plant and equipment. Restricted net position represents the assets restricted by the District’s Bond covenants or other contractual restrictions. Unrestricted net position consists of the net position not meeting the definition of either of the other two components.

Other Disclosures
Use of Estimates
The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, and disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenditures during the reporting period. Actual results could differ from those estimates.

NOTE C - BUDGETARY INFORMATION

The District is required to establish a budgetary system and an approved Annual Budget. Annual Budgets are adopted on a basis consistent with generally accepted accounting principles for the general fund. All annual appropriations lapse at fiscal year end.

The District follows these procedures in establishing the budgetary data reflected in the financial statements.

Each year the District Manager submits to the District Board a proposed operating budget for the fiscal year commencing the following October 1.
Public hearings are conducted to obtain public comments.
Prior to October 1, the budget is legally adopted by the District Board.
All budget changes must be approved by the District Board.
The budgets are adopted on a basis consistent with generally accepted accounting principles.
Unused appropriation for annually budgeted funds lapse at the end of the year.

SCENIC TERRACE SOUTH COMMUNITY DEVELOPMENT DISTRICT
NOTES TO FINANCIAL STATEMENTS
September 30, 2024

NOTE D – DEPOSITS AND INVESTMENTS
Deposits
The District's cash balances, including certificates of deposit, were entirely covered by federal depository insurance or by a collateral pool pledged to the State Treasurer. Florida Statutes Chapter 280, "Florida Security for Public Deposits Act", requires all qualified depositories to deposit with the Treasurer or another banking institution eligible collateral equal to various percentages of the average daily balance for each month of all public deposits in excess of any applicable deposit insurance held. The percentage of eligible collateral (generally, U.S. Governmental and agency securities, state or local government debt, or corporate bonds) to public deposits is dependent upon the depository's financial history and its compliance with Chapter 280. In the event of a failure of a qualified public depository, the remaining public depositories would be responsible for covering any resulting losses.
Investments
The District’s investments were held as follows at September 30, 2024:
Investment	Fair Value	Credit Risk		Maturities Money Market Mutual Funds - First			Weighted average of the

American Treasury Obligation CL Y Total Investments

$	1,399,230
$	1,399,230

S&P AAAm	fund portfolio: 31 days

Custodial credit risk - For an investment, custodial credit risk is the risk that, in the event of the failure of the counterparty, the District will not be able to recover the value of the investments or collateral securities that are in the possession of an outside party. The District has no formal policy for custodial risk. The investments listed in the schedule above are not evidenced by securities that exist in physical or book entry form.
Credit risk - For investments, credit risk is generally the risk that an issuer of an investment will not fulfill its obligation to the holder of the investment. This is measured by the assignment of a rating by a nationally recognized statistical rating organization. Investment ratings by investment type are included in the preceding summary of investments.
Concentration risk - The District places no limit on the amount the District may invest in any one issuer.
Interest rate risk - The District does not have a formal policy that limits investment maturities as a means of managing exposure to fair value losses arising from increasing interest rates.
Fair Value Measurement - When applicable, the District measures and records its investments using fair value measurement guidelines established in accordance with GASB Statements. The framework for measuring fair value provides a fair value hierarchy that prioritizes the inputs to valuation techniques.

SCENIC TERRACE SOUTH COMMUNITY DEVELOPMENT DISTRICT
NOTES TO FINANCIAL STATEMENTS
September 30, 2024

NOTE D – DEPOSITS AND INVESTMENTS

Investments (continued)

These guidelines recognize a three-tiered fair value hierarchy, in order of highest priority, as follows:
Level 1: Investments whose values are based on unadjusted quoted prices for identical investments in active markets that the District has the ability to access;

Level 2: Investments whose inputs - other than quoted market prices - are observable either directly or indirectly; and,

Level 3: Investments whose inputs are unobservable.
The fair value measurement level within the fair value hierarchy is based on the lowest level of any input that is significant to the entire fair value measurement. Valuation techniques used should maximize the use of observable inputs and minimize the use of unobservable inputs.

Money market investments that have a maturity at the time of purchase of one year or less and are held by governments other than external investment pools should be measured at amortized cost. For external investment pools that qualify to be measured at amortized cost, the pool's participants should also measure their investments in that external investment pool at amortized cost for financial reporting purposes. Accordingly, the District's investments have been reported at amortized cost above.

NOTE E – INTERFUND RECEIVABLES, PAYABLES AND TRANSFERS

Interfund receivables and payables for the fiscal year ended September 30, 2024 were as follows:

 Fund		  Receivable 		Payable		
General	$	-	$	2,183	
Debt service	2,233	-	
Capital projects		-			50 	
Total	 $	2,233 	 $	2,233 	

The outstanding balances between the funds result primarily from the time lag between the dates that transactions are recorded in the accounting system and payments between funds are made. In the case of the District, the balances between the general fund, debt service fund and the capital projects fund relate to amounts from the general fund and capital projects fund not yet transferred to the debt service fund.

SCENIC TERRACE SOUTH COMMUNITY DEVELOPMENT DISTRICT
NOTES TO FINANCIAL STATEMENTS
September 30, 2024

NOTE E – INTERFUND RECEIVABLES, PAYABLES AND TRANSFERS (CONTINUED)

Interfund transfers for the fiscal year ended September 30, 2024 were as follows:

 Fund		  Transfer In 	 Transfer Out 	
Capital projects	$	624,681	$	-	
Debt service		-			624,681 	
Total	 $	624,681 	 $	624,681 	

Transfers are used to move revenues and other financing sources from the fund where collection occurs to the fund where funds have been reallocated for use. In the case of the District, transfers from the debt service fund to the capital projects fund were made in accordance with the Bond Indentures.

NOTE F - CAPITAL ASSETS

Capital asset activity for the fiscal year ended September 30, 2024 was as follows:

Balance
10/01/2023	Increases	Decreases

Balance 09/30/2024

Governmental activities:
Capital assets, not being depreciated:		
Construction in process	$ 26,113,936		$	7,545,911		$	-		$ 33,659,847	
Total capital assets, not being								
depreciated	26,113,936			7,545,911			-		33,659,847	
Capital assets, being depreciated Equipment - financed purchase	
-			
134,586			
-		
134,586	
Total capital assets, being
depreciated	
-			
134,586			
-		
134,586	
Less accumulated depreciation for: Equipment - financed purchase	
-			
17,871			
-		
17,871	
Total accumulated depreciation	-			17,871			-		17,871	
Total capital assets, being depreciated - net	
-			
116,715			
-		
116,715	
Governmental activities capital assets - net	
$26,113,936		
$	
7,662,626		
$	
-		
$33,776,562	

Depreciation expense was charged to culture and recreation.

SCENIC TERRACE SOUTH COMMUNITY DEVELOPMENT DISTRICT
NOTES TO FINANCIAL STATEMENTS
September 30, 2024

NOTE F - CAPITAL ASSETS (CONTINUED)

The District Capital Improvement Project (“CIP”) is being built in phases. A portion of the project costs was expected to be financed with the proceeds from the issuance of Bonds with the remainder to be funded by the Developer and conveyed to the District. The infrastructure will include roadways, potable water and wastewater systems, and land improvements. Upon completion, certain infrastructure is to be conveyed to others for ownership and maintenance.

Developer contributions to the capital projects fund for the current fiscal year were $5,427,573, which includes a receivable of $30,750.

NOTE G – LONG-TERM LIABILITIES

$21,350,000 Special Assessment Bonds, Series 2022 (Series 2022 Project) - On March 15, 2022, the District issued $21,350,000 in Special Assessment Bonds, Series 2022 (Series 2022 Project). The Bonds were issued to finance the acquisition and construction of certain improvements for the benefit of the property within the District. The Bonds are payable May 2053. The Bonds bear interest ranging from 3.750% to 4.625% payable semi-annually on the first day of each May and November. Principal is due serially each May 1, commencing May 2024. During 2024, the District made prepayments in the amount of $3,515,000.

$2,195,000 Special Assessment Bonds, Series 2023 (Series 2023 Project) - On October 20, 2023, the District issued $2,195,000 in Special Assessment Bonds, Series 2023 (Series 2023 Project). The Bonds were issued to finance the acquisition and construction of certain improvements for the benefit of the property within the District. The Bonds are payable through November 2053. The Bonds bear interest ranging from 5.75% to 6.75% payable semi-annually on the first day of each May and November. Principal is due serially each November 1, commencing November 2024.

Financed Purchase Agreement
In February 2024, the District entered into a capital lease agreement for the acquisition of pool furniture and playground equipment. The total acquisition cost of the equipment was $135,586 which was recognized as a capital lease obligation. The term of the lease is from February 1, 2024 through January 1, 2029 and is payable in monthly installments of $3,132.
The Bond Indenture established a debt service reserve requirement as well as other restrictions and requirements relating principally to the use of proceeds and the procedures to be followed by the District on assessments to property owners. The District agrees to levy special assessments in annual amounts adequate to provide payment of debt service and to meet the reserve requirements. The requirements have been met for the fiscal year ended September 30, 2024.

SCENIC TERRACE SOUTH COMMUNITY DEVELOPMENT DISTRICT
NOTES TO FINANCIAL STATEMENTS
September 30, 2024

NOTE G – LONG-TERM LIABILITIES (CONTINUED)

The following is a summary of activity in the long-term debt of the District for the year ended September 30, 2024:

	Balance				Balance	Due Within	
	10/01/2023		Additions	Deletions	09/30/2024	One Year	
Special Assessments Bonds,							
Series 2022	$ 21,085,000	$	-	$  3,820,000	$ 17,265,000	$ 305,000	
Special Assessments Bonds, Series 2023	
-		
2,195,000	
-	
2,195,000	
20,000	
Note payable - financed							
purchase		-	 	134,586  	14,726  	119,860  	22,187 
21,085,000	2,329,586	3,834,726	19,579,860	347,187
Unamortized bond discount		-	 	(4,261) 	-	 	(4,261) 	-	

 $ 21,085,000   $ 2,325,325 

$  3,834,726

$ 19,575,599

$ 347,187

The annual requirements to amortize the principal and interest of bonded debt outstanding as of September 30, 2024 are as follows:

  September 30, 		Principal			Interest			Total		
2025	$	325,000	$	917,925	$	1,242,925	
2026	345,000	905,050	1,250,050	
2027	360,000	891,513	1,251,513	
2028	375,000	877,413	1,252,413	
2029	390,000	861,313	1,251,313	
2030-2034	2,215,000	4,039,344	6,254,344	
2035-2039	2,790,000	3,477,125	6,267,125	
2040-2044	3,535,000	2,750,475	6,285,475	
2045-2049	4,500,000	1,805,844	6,305,844	
2050-2054		4,625,000 		588,700 		5,213,700 	
	 $ 19,460,000 	 $ 17,114,702 	 $	36,574,702 	

SCENIC TERRACE SOUTH COMMUNITY DEVELOPMENT DISTRICT
NOTES TO FINANCIAL STATEMENTS
September 30, 2024

NOTE G – LONG-TERM LIABILITIES (CONTINUED)

The scheduled payments for years September 30, 2024 are as follows:

  September 30, 		Principal			Interest			Total		
2025	$	22,187	$	15,392	$	37,579	
2026	25,500	12,079	37,579	
2027	29,308	8,271	37,579	
2028	33,685	3,894	37,579	
2029		9,180 		215 		9,395 	
	 $	119,860 	 $	39,851 	 $	159,711 	

NOTE H – DEVELOPER TRANSACTIONS

The Developer has agreed to fund the general operations of the District. In connection with that agreement, Developer contributions to the general fund were $495 as of September 30, 2024. See Note E for other Developer transactions.

The Developer owns a portion of land within the District; therefore, assessment revenues in the debt service funds include the assessments levied on those lots owned by the Developer.

NOTE I - MANAGEMENT COMPANY
The District has contracted with a management company to perform services which include financial and accounting advisory services. Certain employees of the management company also serve as officers of the District. Under the agreement, the District compensates the management company for management, accounting, financial reporting, computer and other administrative costs.
NOTE J - RISK MANAGEMENT
The District is exposed to various risks of loss related to torts; theft of, damage to, and destruction of assets; errors and omissions; natural disasters; and environmental remediation. The District has obtained commercial insurance from independent third parties to mitigate the costs of these risks; coverage may not extend to all situations. There were no settled claims since inception of the District.
NOTE K – CONCENTRATION

The Districts activity is dependent upon the continued involvement of the Developer, the loss of which could have a material adverse effect on the District operations.

SCENIC TERRACE SOUTH COMMUNITY DEVELOPMENT DISTRICT
STATEMENT OF REVENUES AND EXPENDITURES BUDGET AND ACTUAL – GENERAL FUND
Year Ended September 30, 2024

REVENUES

 * BUDGET  	ACTUAL	

VARIANCE WITH FINAL BUDGET POSITIVE
  (NEGATIVE)	

Developer contributions

$ 487,141	$

495	$

(486,646)

Special assessments			-	 	510,304  	510,304  TOTAL REVENUES		487,141		510,799		23,658

EXPENDITURES
Current		
General government	134,671	103,082	31,589	
Physical environment	202,500	83,706	118,794	
Culture and recreation	149,970	11,193	138,777	
Capital outlay	-	134,586	(134,586)	
Debt				
Principal	-	14,726	(14,726)	
Interest		-			13,458 		(13,458)	
TOTAL EXPENDITURES		487,141 		360,751 		126,390 	
EXCESS OF REVENUES OVER				
(UNDER) EXPENDITURES	-	150,048	150,048	
OTHER FINANCING SOURCES (USES)				
Financed purchase - notes payable proceeds	-	134,586	134,586	
EXCESS OF REVENUES OVER
(UNDER) EXPENDITURES AND OTHER SOURCES	

 $	-		

284,634	

 $	284,634 	
FUND BALANCES				
Beginning of year			275,549 		
End of year		 $	560,183 		

* Original and final budget.

SCENIC TERRACE SOUTH COMMUNITY DEVELOPMENT DISTRICT
NOTES TO REQUIRED SUPPLEMENTARY INFORMATION

The District is required to establish a budgetary system and an approved Annual Budget for the general fund. The District’s budgeting process is based on estimates of cash receipts and cash expenditures which are approved by the Board. The budget approximates a basis consistent with accounting principles generally accepted in the United States of America (generally accepted accounting principles).

An operating budget was adopted and maintained by the governing board for the District pursuant to the requirements of Florida Statutes. The budget is adopted using the same basis of accounting that is used in preparation of the fund financial statements. The legal level of budgetary control, the level at which expenditures may not exceed budget, is in the aggregate. Any budget amendments that increase the aggregate budgeted appropriations must be approved by the Board of Supervisors, Actual general fund expenditures did not exceed appropriations for the fiscal year ended September 30, 2024.

The variance between budgeted and actual general fund revenues is not considered significant. The actual general fund expenditures for the current fiscal year were significantly lower than budgeted amounts due primarily to anticipated costs which were not incurred in the current fiscal year.

DMHB

DIBARTOLOMEO, MCBEE, HARTLEY & BARNES, P.A.
CERTIFIED PUBLIC ACCOUNTANTS

INDEPENDENT AUDITOR’S REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING AND ON COMPLIANCE AND OTHER MATTERS BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS

To the Board of Supervisors
Scenic Terrace South Community Development District Town of Lake Hamilton, Florida
We have audited in accordance with the auditing standards generally accepted in the United States of America and the standards applicable to the financial audits contained in Government Auditing Standards issued by the Comptroller General of the United States, the financial statements of Scenic Terrace South Community Development District, as of September 30, 2024 and for the year ended September 30, 2024, which collectively comprise Scenic Terrace South Community Development District’s basic financial statements and have issued our report thereon dated June 19, 2025.

Report on Internal Control Over Financial Reporting
In planning and performing our audit, we considered the District’s internal control over financial reporting (internal control) to determine the audit procedures that are appropriate in the circumstances for the purpose of expressing our opinions on the financial statements, but not for the purpose of expressing an opinion on the effectiveness of the District’s internal control. Accordingly, we do not express an opinion on the effectiveness of the District’s internal control over financial reporting.

A deficiency in internal control exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent or detect misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control such that there is a reasonable possibility that a material misstatement of the entity’s financial statements will not be prevented, or detected and corrected on a timely basis. A significant deficiency is a deficiency, or a combination of deficiencies, in internal control that is less severe than a material weakness, yet important enough to merit attention by those charged with governance.

Our consideration of internal control was for the limited purpose described in the first paragraph of this section and was not designed to identify all deficiencies in internal control that might be material weaknesses or, significant deficiencies. Given these limitations, during our audit we did not identify any deficiencies in internal control that we consider to be material weaknesses. However, material weaknesses may exist that have not been identified.

2222 Colonial Road, Suite 200 Fort Pierce, Florida 34950772-461-8833  Fax: 772-461-8872 591 S.E. Port St. Lucie Blvd., Port St. Lucie, Florida 34984772-878-1952Fax: 772-878-1709
Member AICPA	Member AICPA Division for CPA Firms	Member FICPA Private Company Practice Section
WWW.DMHBCPA.NET

Report on Compliance and Other Matters
As part of obtaining reasonable assurance about whether the District’s financial statements are free of material misstatement, we performed tests of its compliance with certain provisions of laws, regulations, contracts, and grant agreements, noncompliance with which could have a direct and material effect on the determination of financial statement amounts. However, providing an opinion on compliance with those provisions was not an objective of our audit, and accordingly, we do not express such an opinion. The results of our tests disclosed no instances of noncompliance or other matters that are required to be reported under Government Auditing Standards.

Purpose of this Report

This report is intended solely to describe the scope of our testing of internal control and compliance and the results of that testing, and not to provide an opinion on the effectiveness of the entity’s internal control or on compliance. This report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the entity’s internal control and compliance. Accordingly, this communication is not suitable for any other purpose.

DiBartolomeo, McBee, Hartley & Barnes, P.A. Fort Pierce, Florida
June 19, 2025

- 31 -

DMHB

DIBARTOLOMEO, MCBEE, HARTLEY & BARNES, P.A.
CERTIFIED PUBLIC ACCOUNTANTS

INDEPENDENT AUDITOR’S REPORT ON COMPLIANCE WITH THE REQUIREMENTS OF SECTION 218.415, FLORIDA STATUTES, REQUIRED BY RULE 10.556(10) OF THE AUDITOR GENERAL OF THE STATE OF FLORIDA

To the Board of Supervisors
Scenic Terrace South Community Development District Town of Lake Hamilton, Florida

We have examined Scenic Terrace South Community Development District, Town of Lake Hamilton, Florida’s (“District”) compliance with the requirements of Section 218.415, Florida Statutes, in accordance with Rule 10.556(10) of the Auditor General of the State of Florida during the fiscal year ended September 30, 2024. Management is responsible for District’s compliance with those requirements. Our responsibility is to express an opinion on District’s compliance based on our examination.
Our examination was conducted in accordance with attestation standards established by the American Institute of Certified Public Accountants. Those standards require that we plan and perform the examination to obtain reasonable assurance about whether the District complied, in all material respects, with the specified requirements referenced in Section 218.415, Florida Statutes. An examination involves performing procedures to obtain evidence about whether the District complied with the specified requirements. The nature, timing, and extent of the procedures selected depend on our judgment, including an assessment of the risks of material noncompliance, whether due to fraud or error. We believe that the evidence we obtained is sufficient and appropriate to provide a reasonable basis for our opinion. Our examination does not provide a legal determination on the District’s compliance with specified requirements.
We are required to be independent and to meet our other ethical responsibilities in accordance with relevant ethical requirements relating to the examination engagement.
In our opinion, the District complied, in all material respects, with the aforementioned requirements for the fiscal year ended September 30, 2024.
This report is intended solely for the information and use of the Legislative Auditing Committee, members of the Florida Senate and the Florida House of Representatives, the Florida Auditor General, management, and the Board of Supervisors of Scenic Terrace South Community Development District, Town of Lake Hamilton, Florida and is not intended to be and should not be used by anyone other than these specified parties.

DiBartolomeo, McBee Hartley & Barnes, P.A. Fort Pierce, Florida
June 19, 2025

DMHB

DIBARTOLOMEO, MCBEE, HARTLEY & BARNES, P.A.
CERTIFIED PUBLIC ACCOUNTANTS

Management Letter

To the Board of Supervisors
Scenic Terrace South Community Development District Town of Lake Hamilton, Florida

Report on the Financial Statements
We have audited the financial statements of the Scenic Terrace South Community Development District (“District”) as of and for the fiscal year ended September 30, 2024, and have issued our report thereon dated June 19, 2025.
Auditors’ Responsibility
We conducted our audit in accordance with auditing standards generally accepted in the United States of America; the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States; and Chapter 10.550, Rules of the Auditor General.
Other Reporting Requirements
We have issued our Independent Auditors' Report on Internal Control over Financial Reporting and Compliance and Other Matters Based on an Audit of the Financial Statements Performed in Accordance with Government Auditing Standards and Independent Accountants' Report on an examination conducted in accordance with AICPA Professional Standards, AT-C Section 315, regarding compliance requirements in accordance with Chapter 10.550, Rules of the Auditor General. Disclosures in those reports, which are dated June 19, 2025, should be considered in conjunction with this management letter.
Prior Audit Findings
Section 10.554(1)(i)1., Rules of the Auditor General, requires that we determine whether or not corrective actions have been taken to address findings and recommendations made in the preceding annual financial audit report. There were no findings or recommendations made in the preceding annual audit report.
Official Title and Legal Authority
Section 10.554(1)(i)4., Rules of the Auditor General, requires that the name or official title and legal authority for the primary government and each component unit of the reporting entity be disclosed in this management letter, unless disclosed in the notes to the financial statements. The information required is disclosed in the notes to the financial statements.

Financial Condition and Management
Section 10.554(1)(i)5.a. and 10.556(7), Rules of the Auditor General, require us to apply appropriate procedures and communicate the results of our determination as to whether or not the District has met one or more of the conditions described in Section 218.503(1), Florida Statutes, and to identify the specific condition(s) met. In connection with our audit, we determined that the District did not meet any of the conditions described in Section 218.503(1), Florida Statutes.
Pursuant to Sections 10.554(1)(i)5.b. and 10.556(8), Rules of the Auditor General, we applied financial condition assessment procedures for the District. It is management’s responsibility to monitor the District’s financial condition, and our financial condition assessment was based in part on representations made by management and the review of financial information provided by same.
Section 10.554(1)(i)2., Rules of the Auditor General, requires that we communicate any recommendations to improve financial management. In connection with our audit, we did not have any such recommendations.
Property Assessed Clean Energy (PACE) Programs
As required by Section 10.554(1)(i)6.a., Rules of the Auditor General, the District did not authorize a PACE program pursuant to Section 163.081 or Section 163.082, Florida Statutes, did not operate within the District’s geographical boundaries during the fiscal year under audit.
Specific Information
As required by Section 218.39(3)(c), Florida Statutes, and Section 10.554(1)(i)6, Rules of the Auditor General, the Scenic Terrace South Community Development District reported:
The total number of district employees compensated in the last pay period of the District’s fiscal year as 0.
The total number of independent contractors to whom nonemployee compensation was paid in the last month of the district’s fiscal year as 9.
All compensation earned by or awarded to employees, whether paid or accrued, regardless of contingency as $4,400.
All compensation earned by or awarded to nonemployee independent contractors, whether paid or accrued, regardless of contingency as $381,560.
The District does not have any construction projects with a total cost of at least
$65,000 that are scheduled to begin on or after October 1 of the fiscal year being reported.
The District did not amend its final adopted budget under Section 189.016(6), Florida Statutes.

As required by Section 218.39(3)(c), Florida Statutes, and Section 10.554(1)(i)7, Rules of the Auditor General, the Scenic Terrace South Community Development District reported:
The rate or rates of non-ad valorem special assessments imposed by the District range from $172 to $1,978 per residential unit.
The total amount of special assessments collected by or on behalf of the District as
$2,573,918.
The total amount of outstanding bonds issued by the District as $19,460,000.
Additional Matters
Section 10.554(1)(i)3., Rules of the Auditor General, requires us to communicate noncompliance with provisions of contracts or grant agreements, or abuse, that have occurred, or are likely to have occurred, that have an effect on the financial statements that is less than material but which warrants the attention of those charged with governance. In connection with our audit, we did not have any such findings.
Purpose of this Letter
Our management letter is intended solely for the information and use of Legislative Auditing Committee, members of the Florida Senate and the Florida House of Representatives, the Florida Auditor General, Federal and other granting agencies, the Board of Supervisors, and applicable management, and is not intended to be and should not be used by anyone other than these specified parties.

DiBartolomeo, McBee, Hartley & Barnes, P.A. Fort Pierce, Florida
June 19, 2025

Section X

Section A

Scenic Terrace South 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 in accordance with Florida Statutes, 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 in accordance with Florida Statutes, 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 ☐

Chair/Vice Chair:		Date:	 Print Name:	 
Scenic Terrace South Community Development District

District Manager:		Date:	 Print Name:	 
Scenic Terrace South Community Development District

Section B

Scenic Terrace South Community Development District Performance Measures/Standards &
Annual Reporting Form
October 1, 2024 – September 30, 2025

 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 in accordance with Florida Statutes, 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 in accordance with Florida Statutes, 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 ☐

Chair/Vice Chair:		Date:	 Print Name:	 
Scenic Terrace South Community Development District

District Manager:		Date:	 Print Name:	 
Scenic Terrace South Community Development District

Section XI

OWNER'S AFFIDAVIT

STATE OF FLORIDA COUNTY OF POLK

BEFORE ME. the undersigned authority. personally appeared Richard A. Browning ("Affiant'') as Division President of Stanley Martin llomes. LLC, a Delaware limited liability company authorized to transact business in the State of Florida (the "Authorized Signor"), with a principal address of 4700 Millenia Blvd. Suite 290. Orlando, FL 32839. who after first being duly sworn deposes and states as follows:

I.	Authorized Signor is the Division President of Stanley Martin I lomes. LLC, a Delaware limited liability company authorized to transact business in the State of Florida (the --company"' or "Owner").

That Affiant knows of his own knowledge that the Company is the owner of the fee simple title in and to certain lands located in Polk County, Florida described on the attached Exhibit "A".

That the above-described land together with all improvements thereon ("'Property'') is. to the best of Affiant's knowledge, free and clear of all liens, taxes, encumbrances and claims of every kind, nature and description whatsoever.

Affiant knows of no facts by reason of which the title to, or possession at: the Property might be disputed or questioned. or by reason of which any claim to any part of the Property might be asserted adversely.

That there are no mechanic's or materialman·s or laborers liens against the above described Property. nor any part thereof: and that no contractor. subcontractor. laborer or materialman, engineer. land engineer. or surveyor has any lien against said Property. or any part thereof.

That within the past ninety (90) clays, the Owner has not made any improvements. alterations or repairs to the above-described Property for which costs thereof remain unpaid. and that within the past ninety (90) days there have been no claims for labor or material furnished for repairing or improving the same at the instance of the Owner which remain unpaid.

To the best of Afiianfs knowledge. no proceedings in bankruptcy or receivership have ever been instituted by or against the Owner. nor has Owner ever made an assignment for the benefit of its creditors.

Affiant knows of no action or proceeding relating to the Property. which is now pending in any state or federal court in the United States affecting the Prope11y. nor does Aftiant know of any state or federal judgment or any federal lien of any kind or nature that ncm constitutes a lien or charge upon the Property.

Affiant knows of no unrecorded easements. liens, or assessments for sanitary se\vcrs. streets. roadways. paving. other public utilities or improvements against the Property. nor arc there any special assessments or taxes \Vhich arc not shown as existing liens by the public records.

I 0.	Affiant further states that he/she is familiar with the nature or an oath and with the penalties as provided by the laws of the State of Florida for falsely swearing to statements made in an instrument of this nature. Artiant further certifies that she has read the full facts set forth in this Affidavit and understands its content and contc,t to be correct in all respects.

>

;tc-

FURTHER AFFIANT SA YETH NOT.

Affiant

STATE or	F\or\ctCL COUNTY or Orc...{.Xce

SWORN TO AND S��M�rnr-:D before me by means of� physical presence or O online notarization this ZS' day of F • • .• 2025 by  B,c;rord &u/11'[(3 . as Division President of Stanley Martin I lomes. LLC, a Delaware limited liability company. on behalf of company. and ,,ho�fis personally kno,-\-n to me or O produced 	as identification.

{Official Notary SigJl'lfe)

lnotary seal]

Name:	C, (Y)eU:'D'.-.1. /../em\,(
Personally Known 	 ><�------------- OR Produced Identification 		 Type ofldentifieation 	

2

EXHIBIT A

Tracts S-1, C-1, D-1, and P-1, all as depicted on the plat of Scenic frrrace South Phase./, recorded at Plat flook 205, Page 44, of the Public Records of Polk County, Florida

Prepilred by:

INSTR# 2025180318
BK 13648 Pgs 0369-0370 PG(s)2
08/01/2025 01:13:38 PM STACY M. BUTTERFIELD,
CLERK OF COURT POLK COUNTY RECORDING FEES 18.50

Lauren Gentry. I·:sq.
KILINSKI VANWYK, PLLC
:'i17 F. College Avenue
Tallahassee. 1-"lorida 3230 I

LIMITED LIABILITY COMPANY AFFIDAVIT FOR DEED

STATE OF Fl .ORI DA COUNTY OF POLK
I. Richard A. Bro,Yning (..Artiant'"). on being duly sworn. state:

I.  I am a Division President of Stanley Martin llomcs. I.LC. a Delaware limited liabilit) company authorized to transact business in the State of Florida. (the ·•Division President"").

J\ftiant is authorized. as Division President. on behalf of Stanley Ma11in I Jomes. LLC. a 1:1orida limited liability company (the ··Company··). to transfer. convey. exchange. assign, mortgage or othcrn ise deal v,ith or dispose of the property more particularly described on the attached l�xhjbit "'.L\": (the
··J>ropcny··) or an) interests therein.

There has been no dissolution of the Company resulting from transfers or interests in the Company or othcn-visc. The Company has never been a debtor in a bankruptcy proceeding.

On behalf of the Company. J\lfo111t is authori1ed to execute, acknmvlcdge and cklin::r instruments of any kind that arc necessary, convenient or incidental to the transfer of any interest in real property o\vned or controlled by the Company.

On behalf of the Company, I ack1Hmlcdge this affidavit may be relied upon by the Scenic Terrace South Community Development District (the ..District'") for the purpose of acquiring the Property and specifically consent to such reliance by the District.

_	�WOl�N ,rq AND -�J�'�{lB��]) bc1:·on:: m� by means of � phy�i�a_l pn:scnce or � _onlinc notar11at1on this ;J'rs day of	202) hy'R\Crtu6,l:>rlrw,'l.la:}----· as Dt\1s1on President of Stanley
Martin l lomcs. LLC. a Delmrnre limited liability company. on behalf of company.

....C.rl/,.ill))Y\., ):�lW A
" K.)fficial Notary Signat�rd)
N1,!JJJ.!;�--::-�)�:_t,,�;_. Hfnfl,/
C�onally  Known-----)  _
C)R Pri·,Jffcci.flde11fffication Type of lclenlification _

F:XHillIT A
(Legal Description)

Tracts S-1, C-1, D-1. and P- I. all as depicted on the plat of Scenic J'erruce 5i'outh Phase../. recorded nt Plat Book 205. Page 44. of the Public Records of Polk County, Florida

'.,

Stacy M. Butterfield POLK
CFN# 2025180318 OR BK 13648 PG 370 Pgs 0369-0370 08/01/2025 01:13:38 PM

PRl.l'ARl:D B'I ,\'.'JD Rl·.ll'R'l l'O:

INSTR# 2025180317
BK 13648 Pgs 0364-0368 PG(s)5
08/01/2025 01:13:38 PM STACY M. BUTTERFIELD,
CLERK OF COURT POLK COUNTY RECORDING FEES 44.00

Lauren Cientl). Esquire
"-ilimki Van \\)k. Pl.IC
�17 I:. College ,\venue lallaliassee. �lorida .12.101

Parcel ID No.
:!7-28-09-82200-l-05 I I IO: 27-28-09-Sn00-1·0�I 080:
'.n-18-09-8n00-l-05 I090; 27-28-09-8:"t'.'t00-l-005 I l 00

SPECIAL WARRANTY DEED
THIS SPECIAL WARRAN'I Y [)LLD is executed as of this)e�da) 01:-::SUI\} 2025. b) STANLF.V MARTIN IIOMF:S, LLC. a Dcl,mare limited liabilit} compan) authorit:ed to transact bu�iness in the State of l'lorida. ,,ith a mailing. address of 4700 Millcnia Blvd. Suite 290. Orlando. IT 32839, (hereinaller called the ··grantor"'). in favor of SCF.NIC TF.RRACF. SOUTH COMMUNITY l>f:VF.LOPMF.NT DISTRICT. a local unit of special-purpose t�overnment. ,,ith a mailing address of
c/o Governmental Management Services. 219 L. I ivingston Street. Orlando. FL 3280 I (hereinafter called
the "\!.ranlee··).

[ Wherever used herein. the term'> ""grantor·· and ··grantee" shall include the singular and plur.il. heirs. legal representatives. successors and as�igns of individuds. and the successors and assig.ns of corporations. a<;
the context require�.I

W I T N F. S S F. T II: 

I hat the grantor. for and in consideration ol' the �um of$ I 0.00 and other valuable consideration'>. receipt ,, hereof is hereb} ad.mm [edged. hereh) !,!rant<,. bargains. -,clb. alien'>, remise'>. releases. con vi:}" and conlirms unto the !:'r,rnti:c. ail that certain land situate in Polk Cot1nt). Florida. further described at F.xhibit A attached hereto.

Subject to re�triclion,. cu, enanh. conditions and e,,�menh, of record: hm,cvcr. rctcrcm::c hereto
�hall not be deemed to reimpo'>e �amc.

I OGI. 11ILR ,, ilh all the tenements. hereditament'> and appurtenances thereto hclongmg m in an),,isc appertaining,

TO I IA VJ: A ND IO 1101,1}. the same in Ice simple fore,er.

AND tlic !,!rnntor hcrchy cmcnants \\ilh said grantee th,u the g.rantor is la\\full) '>Cl/Cd of said land in tee simple: that the granlor has good righl and l.l\\ful authority to sell and convey said land: and hereby "arnu11s the title to said land and ,, i11 dclcml the '>amc al•.ainst the hm ful claim, of all per'>ons or L'ntitics \\ hom�oc.,,er claiming by. 1hrough or under grantor.

Grantor represents that grnntor ha-; complied \\ ith the requirement-, of Section 196.29::i. J-1,1nda
Stal1th'''

GRANT OF F.A�F.MENTS
'\ole to Rerorder: I hi, dcct'. LOil\ c�� t:ncncumbcrcd propcrt} In a hk'lll 111111 ,11 spccial-purpo�c go,crnmcnl for tic taxable co11,;ilkrat1or1 \c1:onl1n;!.I�. pur�mmt Ill Ruic 1�B-1.0 [ ,I. I \ ,( . 01d) minimal documcnt;ir) �,amp tax b hcing paid hcrcl)ll

/\ND FURT! IER Wrl NESS Tl 1/\T GRANTOR. for good and valuable consideration to it in hand paid by Grantee. the receipt and sufticicnc) ,,hereof arc hereby acknu\,lcdged. hercb} further remiscs. releases and quit-claims to Grantee forever. the folio,, ing non-exclusive. perpetual casement rights which the Grantor has, if any. as more particular]) described helO\\ ('"F.ascmcnts•·):

Those certain Private Drainage F.asemcn1s, Pril-·ate Landscape Ruffer Easements, Private Fence Easements, and Pri\·atc Wall Easements, as identified on the Plat of Scer,ic Ternu:e Smtlll Pllo.'te 4, as recorded in Plat Book 205, Page-'-'• of the Public Records of Polk County, Florida;
And with respect to the foregoing, the rights of ingress and egress O\'er, across, upon, and through the Easement Areas, as well as rights of installing, constructing, operating, maintaining, repairing and replacing utilities, stornnvater, landscaping, irrigation, wetland and/or other District improvements that comprise the District's capital impro\'Cment plan.
TO 11/\ VE AND TO I!OLD the same forever. subject to taxes for the year hereof and subsequent
)'ears, as applicable. and all casements. restrictions. reservations. conditions. covenants. limitations and agreements of record. This reterence to such mauers of record shall not operate to re-impose lhe same. Grantor agrees and covenants that it has not and shall not grant or exercise any righb that are materially inconsistent with. or \\hich materially interfere \\ith. the rights herein granted to the District.

[Si,�IU/IIWL' P<IK<:S /0//011·)

IN Wll NF.SS WHEltF.OF. the Parties h;i\e cauo;ed thi� Special Warrant} Deed to be cxccu1ed as, of the da} and �car fir.,, \Hitten ahovc

(;ltANTOlt:

Signed. sealed ;ind delivered in the prcscm:c of:
�QW_) lv'\L.1��-  · �- ;)
Print Name:	tza.�fYrrrhJ@:(A..{
Address:
410� ir\ll�vJJ ��vdJt 2fi0
0 f )Ctnil Qt fL	rr3 iBB<]

\ \be, (\ . � L '·?;(!·lU\
Pnnt Name:_ �'.x.	t:J,.- .01 t½-1,r.r..V'I

Address:
lt-1'-J◊ rniue "'4.t f-;t -..i,:t,  ,. \ .11	J' lv
<J;-�l <",.-,,!c;.CL- 1�� ·io

S l"A Ir 01' fLO,M);\
COUN I Y OF 0�f:\'t°

SWORN TO AND SlJBSCRIBI.D before rnc h) mean:-. or�	ph)skal prc:,,cncc or [: onlinc

,....,,•,;;,,	TYLER MITCHELL

_

/?,·�. ;'; Nola!'/ Public. Stale of Flonda

�-�-	,:,1/ Commission No HH 583252

',1,,J,i,,.,..i.J,f.,/	My comm Exp. Aug. 14, 2026

�c�

nolari1.ation this 28°"'d.i� of :l'JL':i . :!O�:', h}��IV!&b 0f,QWIJIIJCt . :1<t>N�\,\1>tJ �Jlf"fof Stanle} Martin llomcs. LI.C. a Del.mare Iimitcd liabtlit) compan}. on hehalr or compan}.

(Official Nolar} Signalllre) Name:	""T½,� M.\t,.t\_'f.\,L
Pcr-;011.ill} Knm,n ��-t:�S.�	­

fnotal) �call

OR Produced Identification -
I} pc or ldcnti lilillion -

ACCF.PTANCE RY GRANTF.F,

B) execution of this Special Warranty Deed. Grantee doe) hereby accept thi$ conve)ancc. subjcc1 to the foregoing covenants. conditions. and rC!>lrictions. and agrees that it and the Prope11y arc subject to ull matters hcrcinabovc set forth. Grantee further ab!.rces to comply with all 1crms. covenant,;. condi1ions. and rc,trictions provided in this Special Warranty Deed.
Dated this  1st day of August 2025.

Signed. sealed and delivered in the presence of:

SCENIC TEHRACE SOUTH COMMUNITY
DF.VF.LOPMF.NT DISTRICT. a local unit of
,;pecial-purposc government established under

Witnesse� 1L�---�4Flodda- IUI ----

� _..J �	,	Warren, K. llcath. IL Cha1m,an.
Name:	-------\:::.,}-GbtH"I'	n Jt'u	Supervisors	--.
Address:	f	·.

346 r. Central Avenue
Winter Haven, Florida 33880

Name:	--"'-"=--+---'=-l,,p,t.>�.
Address:
346 F.. Cemral Avenue
Winter Haven, Florida 33880

STA TE OF FLORIDA
COUN'l Y OF POLK

Address:
219 F. l.iving.ston Street Orlando. Fl. 3280 I

fhe foregoing)DUr11menl "�.1J1owledged before me by means oQO phy�icul pre�c111:e or 0 onlinc notarization thi:.ct1'"'day of	. 2025. by Warren K. --Rennie.. llcmh II. m. Chairman or the Board of Supcrv15or; of the S1:cnic I errace So.1th Community Development Dislnct.
Lllv1a�_EJ?�--	........	_
���;,g-!?¥�--

[notary seal]

OR Produ1:etl ldc111ilka1ion
l )pe of ldcntilication 	_

Notary Public State of Flor da
Lindsey E Roden
My Commission HH 303599
1111	Expires 1:112212026

F..XHIUIT A

Tracts S- l. C-1. D-1. and P-1. all as depicted on the plat or Scenic Terrace Sowh Phase -I.
recorded at Plat Book 205. Page 4-L or the Public Records of Polk County. rlorida

Section XII

Section C

Scenic Terrace - South CDD
Field Management Report

August 20th, 2025 Joel Blanco
Field Manager GMS

1

Scenic Terrace – South CDD Field Management Report | GMS 2025

Site Item

Landscaping & Pond Review

Field Staff has reviewed both landscaping and ponds throughout the district.
Several declining oaks were replaced in both the dog park and Phase 4 common area.
Several trees are scheduled to be strapped along Highway 17 (Phase 1 perimeter and Phase 3 perimeter) due to strong winds.
Landscaping has been consistently with plantings thriving during the summer season.
Pond discing have been completed with vegetation cleared or sprayed.

2

Scenic Terrace – South CDD Field Management Report | GMS 2025

Completed

Landscaping & Pond Review Cont’d

3

Scenic Terrace – South CDD Field Management Report | GMS 2025

Site Review

Amenity Review

a

Field Staff has conducted reviews of the district amenities.
Fans and lighting were reviewed due to (1) reported as not working and half the lights going on during the daytime. Construction confirmed that half the lights go during the day and the other half at night per build. Pool has been consistently clean during each review visit of the busy summer season.
Playground has been consistently clean with bins consistently serviced.
Dog park waste stations have been consistently serviced with the park clean and landscaping consistently.

4

Scenic Terrace – South CDD Field Management Report | GMS 2025

Site Review

Erosion Repair in Dry Ponds

During pond reviews, Field Staff noted (2) dry ponds with noted erosion on the banks.
A severe erosion was discovered by the dead end of Baby Breath’s Pl. due to drain socks covering both side inlets and water spilling over the curb. Socks have been removed, and repairs have been scheduled.
A less minor section of erosion was discovered on the bank of Daffodil Dr., landscaping vendor completed the bank restoration. Staff will monitor during the rest of the rain season.

Site Review

Maintenance Review

Field Staff has noted and completed several maintenance items during reviews.
Loose shingles were spotted on the amenity roof. Vendor repaired 22 loose shingles.
A street sign blade and (2) damage street sign posts were noted during review. New blades and sign posts were installed.
Maintenance staff started the process of removing drain socks from area with no present construction.
Several blown fence slats were reinstalled in Phase 1 and 2.
During review, several areas on the dog park fence were noted in need of repair. Work orders have been created with maintenance scheduled. All (4) mailbox areas in Phase 1-4 were noted without adequate lighting.
Attached is a proposal to add solar lights to (4) mailbox areas for board consideration.

Site Review

Maintenance Review Cont’d

Conclusion

For any questions or comments regarding the above information, please contact me by phone at 786-238-9473, or by email at jblanco@gmscfl.com. Thank you.

Respectfully, Joel Blanco

Section 1

Proposal # :	408
Proposal Date: 08/20/25
Governmental Management Services - CF

Maintenance Services Phone: 407-201-1514
Email: Csmith@gmscfl.com

Bill To/District	Prepared By:	
Scenic Terrace South CDD	Governmental Management Services- CF,
LLC	
	219 E. Livingston Street	
	Orlando, FL 32801	
Job name and Description	
Job Name: Installation of Solar Lights at (x4) Mailbox Areas
Description: Installation of (8) 12 ft. aluminum post behind the mailbox areas per area (2 areas in total) with solar powered lighting (fixtures will have solar panel integrated in the fixture) installed on the top of the post. Posts will be reinforced with concrete at the base.	

Qty	Description	Unit Price	Line Total	
14	Labor	$50.00	$700.00	
1	Mobilization	$65.00	$65.00	
	Equipment		$35.00	
	Materials		$1,680.07	

				
				
Total Due:	$2,480.07	
This Proposal is Valid for 30 days.

Client Signature: 	

GOVERNMENTAL MANAGEMENT SERVICES 2025 | Proposal

Section D

Section 1

Amenity Policies. During the period when a Renter is designated as the beneficial user, the Resident shall not be entitled to use the Amenities. In other words, Renter’s and Resident’s cannot simultaneously hold Amenity privileges associated with that residential unit. Residents may retain their Amenities rights in lieu of granting them to their Renters.
Residents shall be responsible for all charges incurred by their Renters which remain unpaid after the customary billing and collection procedures established by the District. Residents are responsible for the deportment of their respective Renter, including the Renter’s adherence to the Amenity Policies.
(7)  Access Cards. One complimentary Access Card will be issued to each Household at the time they are closing upon property within the District, or upon approval of Non-Resident Patron application and payment of applicable Annual User Fee, or upon verification and approval of Renter designation. Proof of property ownership may be required annually. All Patrons must use their Access Card for entrance to the Amenities.
All Patrons must use the Access Card issued to their Household for entrance to the Amenity Facilities. Each Household will be authorized one (1) initial Access Card free of charge. One (1) additional Access Card may be purchased at the Amenity Rates in effect, for a maximum of two (2) Access Cards per Household in service at a time. Replacement Access Cards may be purchased in accordance with the Amenity Rates then in effect.
Patrons must scan their Access Cards in the Card reader to gain access to the Amenities. This Access Card system provides a security and safety measure for Patrons and protects the Amenities from non- Patron entry. Under no circumstances shall a Patron provide their Access Card to another person, whether Patron or non-Patron, to allow access to the Amenities, and under no circumstances shall a Patron intentionally leave doors, gates, or other entrance barriers open to allow entry by non-Patrons.
Access Cards are the property of the District and are non-transferable except in accordance with the District’s Amenity Policies. All lost or stolen Cards must be reported immediately to District Staff. Fees shall apply to replace any lost or stolen Cards.

4

Section 2

Scenic Terrace South
Community Development District
Summary of Checks

April 1, 2025 to June 30, 2025

Bank	Date	Check No.'s		Amount		

General Fund						
	4/1/25	362-363	$		3,905.09	
	4/10/25	364-369	$		74,394.07	
	4/24/25	370-371	$		6,912.78	
	4/29/25	372-377	$		41,799.33	
	5/9/25	378-379	$		7,491.21	
	5/20/25	380-383	$		7,753.59	
	5/30/25	384-389	$		37,687.14	
	6/9/25	390-392	$	110,177.56	
	6/13/25	393-394	$		6,097.95	
	6/20/25	395-401	$		26,324.25	
	6/27/25	402	$		435.00	
		Total	$	322,977.97	

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	8/14/25	PAGE	1
*** CHECK DATES 04/01/2025 - 06/30/2025 ***	SCENIC TERRACE SOUTH-GENERAL
BANK A GENERAL FUND
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
4/01/25 00013	3/17/25 22440721 202502 310-51300-31100	*	773.50
ENGINEER SERVICES-FEB25
DEWBERRY ENGINEERS INC.	773.50 000362
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/01/25 00043	4/01/25 04012025 202504 300-15500-10000	*	3,131.59
PLAYGROUND LEASE-MAY25
HEIDI BONNETT DBA HNB PROPERTY LLC	3,131.59 000363
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/10/25 00003	1/31/25 92	202501 320-53800-48000	*	5,110.74
GEN MAINT- JAN25
1/31/25 93	202501 320-53800-49000	*	3,054.18
HURRICAN FENCE REPAIRS
GOVERNMENTAL MANAGEMENT SERVICES-CF	8,164.92 000364
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/10/25 00048	4/02/25 64837796 202504 330-57200-48100	*	100.00
PEST CONTROL-APR25
MASSEY SERVICES INC.	100.00 000365
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/10/25 00040	3/18/25 16905	202503 320-53800-47300	*	620.00
INSTALL FITTINGS AND PIPE
PRINCE & SONS, INC.	620.00 000366
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/10/25 00045	3/21/25 26858	202503 330-57200-48500	*	495.00
RPLCD SEAL PUMP #1
MCDONNELL CORPORATION DBA	495.00 000367
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/10/25 00038	4/08/25 04082025 202504 300-20700-10300	*	56,031.26
TRNFER TAX RECEIPT-S2022
SCENIC TERRACE SOUTH CDD	56,031.26 000368
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/10/25 00042	4/08/25 04082025 202504 300-20700-10300	*	8,982.89
TRNFER TAX RECEIPT-S2023
SCENIC TERRACE SOUTH CDD	8,982.89 000369
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/24/25 00003	4/01/25 98	202504 310-51300-34000	*	3,541.67
MANAGMENT FEES-APR25
4/01/25 98	202504 310-51300-35200	*	105.00
WEBSITE MANAGEMENT-APR25
4/01/25 98	202504 310-51300-35100	*	157.50
INFORMATION TECH-APR25
4/01/25 98	202504 310-51300-31300	*	525.00
DISSEMINATION SVCS-APR25
4/01/25 98	202504 330-57200-48300	*	1,041.67
AMENITY ACCESS MGMT-APR25
4/01/25 98	202504 310-51300-51000	*	1.23
OFFICE SUPPLIES
STS	SCENIC TERRACE IARAUJO

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	8/14/25	PAGE	2
*** CHECK DATES 04/01/2025 - 06/30/2025 ***	SCENIC TERRACE SOUTH-GENERAL
BANK A GENERAL FUND
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
4/01/25 98	202504 310-51300-42000	*	73.71
POSTAGE
4/01/25 99	202504 320-53800-34000	*	1,250.00
FIELD MANAGEMENT-APR25
GOVERNMENTAL MANAGEMENT SERVICES-CF	6,695.78 000370
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/24/25 00002	4/12/25 11982	202503 310-51300-31500	*	217.00
ATTORNEY SVCS-MAR25
KILINSKI VAN WYK PLLC	217.00 000371
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/29/25 00013	4/15/25 22444336 202503 310-51300-31100	*	160.00
ENGINEER SERVICES-MAR25
DEWBERRY ENGINEERS INC.	160.00 000372
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/29/25 00003	2/28/25 94	202502 320-53800-48000	*	886.22
INSTALL LIGHTS/FANS
2/28/25 95	202502 320-53800-49000	*	8,642.54
REINSTALL VINYL FENCES
2/28/25 96	202502 330-57200-49000	*	1,580.00
MILTON REPAIRS POOL AREA
2/28/25 97	202502 320-53800-48000	*	400.00
TRASH/DEBRIS REMOVAL
GOVERNMENTAL MANAGEMENT SERVICES-CF	11,508.76 000373

4/29/25 00040	3/01/25	
	3/01/25	
	3/31/25	
	4/01/25	
	4/01/25	
	4/04/25	
	4/15/25	
	4/16/25	
	4/17/25	

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
16700	202503 320-53800-46200	*	6,912.50
LANDSCAPE MAINT-MAR25
16700	202503 320-53800-46200	*	3,185.00
AMENITY LANDSCAPE-MAR25
17022	202503 320-53800-47300	*	97.84
RPLCD SPRAY NOZZLES
17118	202504 320-53800-46200	*	6,912.50
LANDSCAPE MAINT-APR25
17118	202504 320-53800-46200	*	3,185.00
AMENITY LANDSCAPE-APR25
17201	202504 320-53800-47300	*	2,507.50
LANDSCAPE TREATMENT
17280	202504 320-53800-47300	*	262.78
RPLCD SPRAY NOZZLES
17294	202504 320-53800-47300	*	907.00
CONNECT 8 VALVES
17309	202504 320-53800-47300	*	360.13
RPR MAINLINE /PVC PIPE
PRINCE & SONS, INC.	24,330.25 000374
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/29/25 00045	4/01/25 27076	202504 330-57200-48500	*	2,500.00
POOL MAINTENANCE-APR 25
MCDONNELL CORPORATION DBA	2,500.00 000375
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
STS	SCENIC TERRACE IARAUJO

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	8/14/25	PAGE	3
*** CHECK DATES 04/01/2025 - 06/30/2025 ***	SCENIC TERRACE SOUTH-GENERAL
BANK A GENERAL FUND
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
4/29/25 00038	4/29/25 04292025 202504 300-20700-10300	*	2,844.32
TRNFER TAX RECEIPT-S2022
SCENIC TERRACE SOUTH CDD	2,844.32 000376
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/29/25 00042	4/29/25 04292025 202504 300-20700-10300	*	456.00
TRNFER TAX RECEIPT-S2023
SCENIC TERRACE SOUTH CDD	456.00 000377
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/09/25 00055	3/31/25 1	202503 330-57200-49000	*	4,359.61
FENCE RPR-PER DEVELOPER
GOVERMENTAL MANAGEMENT SERVICES-	4,359.61 000378
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/09/25 00043	5/08/25 05082025 202505 300-15500-10000	*	3,131.60
PLAYGROUND LEASE JUN 2025
HEIDI BONNETT DBA HNB PROPERTY LLC	3,131.60 000379
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/20/25 00035	5/13/25 7385-05- 202505 310-51300-31200	*	450.00
SPECIAL ASSESS BOND S2022
AMTEC	450.00 000380
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/20/25 00011	5/15/25 27789	202505 320-53800-45000	*	557.00
GEN LIAB-PROPERTY ADDED
EGIS INSURANCE ADVISORS, LLC	557.00 000381

5/20/25 00003	5/01/25	
	5/01/25	
	5/01/25	
	5/01/25	
	5/01/25	
	5/01/25	
	5/01/25	
	5/01/25	

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
103	202505 310-51300-34000	*	3,541.67
MANAGMENT FEES-MAY25
103	202505 310-51300-35200	*	105.00
WEBSITE MANAGEMENT-MAY25
103	202505 310-51300-35100	*	157.50
INFORMATION TECH-MAY25
103	202505 310-51300-31300	*	525.00
DISSEMINATION SVCS-MAY25
103	202505 330-57200-48300	*	1,041.67
AMENITY ACCESS MGMT-MAY25
103	202505 310-51300-51000	*	1.05

202505 310-51300-42000	*	45.70	
202505 320-53800-34000	*	1,250.00	

OFFICE SUPPLIES 103
POSTAGE 104
FIELD MANAGEMENT-MAY25
GOVERNMENTAL MANAGEMENT SERVICES-CF	6,667.59 000382
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/20/25 00002	5/16/25 12235	202504 310-51300-31500	*	79.00
ATTORNEY SVCS-APR25
KILINSKI VAN WYK PLLC	79.00 000383
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
STS	SCENIC TERRACE IARAUJO

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	8/14/25	PAGE	4
*** CHECK DATES 04/01/2025 - 06/30/2025 ***	SCENIC TERRACE SOUTH-GENERAL
BANK A GENERAL FUND
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
5/30/25 00046	4/28/25 14876	202504 330-57200-48200	*	550.00
MNTHLY CLEANING-APR25
4/28/25 14876	202504 330-57200-48200	*	350.00
MNTHLY TRASH SERVICE-APR
CSS CLEAN STAR SERVICES OF	900.00 000384
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/30/25 00003	3/01/25 100	202503 320-53800-49000	*	10,956.73
RPR PERIMETER FENCE
3/01/25 101	202503 320-53800-48000	*	300.00
INSTALL SOLAR LIGHTS
GOVERNMENTAL MANAGEMENT SERVICES-CF	11,256.73 000385
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/30/25 00048	5/08/25 65229050 202505 330-57200-48100	*	100.00
PEST CONTROL-MAY25
MASSEY SERVICES INC.	100.00 000386

5/30/25 00040	4/30/25	
	5/01/25	
	5/01/25	
	5/13/25	
	5/14/25	
	5/14/25	

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
17810	202504 320-53800-47300	*	650.00
IRRIGATION DIAGNOSE ZONES
17742	202505 320-53800-46200	*	6,912.00
LANDSCAPE MAINT-MAY25
17742	202505 320-53800-46200	*	3,185.50
AMENITY LANDSCAPE-MAY25
17924	202505 320-53800-47300	*	84.75
RPLCD NOZZLES
17941	202505 320-53800-46201	*	5,209.00
REMOVAL/RPLD DEAD TREES
17942	202505 320-53800-46200	*	2,925.00
WALTERS VIBERNUM/ BUSH
PRINCE & SONS, INC.	18,966.25 000387
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/30/25 00041	5/28/25 6816	202505 330-57200-49000	*	3,964.16
SHADE FOR PLAYGRND-INSTAL
PRO PLAYGROUNDS DBA LEGACY	3,964.16 000388
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/30/25 00045	5/01/25 27424	202505 330-57200-48500	*	2,500.00
POOL MAINTENANCE-MAY25
MCDONNELL CORPORATION DBA	2,500.00 000389
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
6/09/25 00043	6/05/25 06052025 202506 300-15500-10000	*	3,131.59
PLAYGROUND LEASE JUL 2025
HEIDI BONNETT DBA HNB PROPERTY LLC	3,131.59 000390
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
6/09/25 00038	6/03/25 06032025 202506 300-20700-10300	*	92,255.60
TRNFER TAX RECEIPT-S2022
SCENIC TERRACE SOUTH CDD	92,255.60 000391
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
STS	SCENIC TERRACE IARAUJO

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	8/14/25	PAGE	5
*** CHECK DATES 04/01/2025 - 06/30/2025 ***	SCENIC TERRACE SOUTH-GENERAL
BANK A GENERAL FUND
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
6/09/25 00042	6/03/25 06032025 202506 300-20700-10300	*	14,790.37
TRNFER TAX RECEIPT-S2023
SCENIC TERRACE SOUTH CDD	14,790.37 000392
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
6/13/25 00056	5/26/25 97507	202505 330-57200-34500	*	462.20
SECURITY SER-05/24-05/25
6/02/25 97508	202505 330-57200-34500	*	1,132.92
SECURITY SER-05/26-06/01
6/09/25 97509	202506 330-57200-34500	*	462.20
SECURITY SER-06/02-06/08
NATION SECURITY SERVICES	LLC	2,057.32 000393
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
6/13/25 00027	5/23/25 7761058	202505 310-51300-32300	*	4,040.63
FY25 TRUST FEE SER 2022
US BANK	4,040.63 000394
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
6/20/25 00046	5/23/25 15111	202505 330-57200-48200	*	550.00
MNTHLY CLEANING-MAY25
5/23/25 15111	202505 330-57200-48200	*	350.00
MNTHLY TRASH SERVICE-MAY
CSS CLEAN STAR SERVICES OF	900.00 000395
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
6/20/25 00050	5/22/25 23297	202505 330-57200-34500	*	1,600.00
250 SIFER ISO CARD
CURRENT DEMANDS ELECTRICAL &	1,600.00 000396

6/20/25 00003	5/31/25	
	6/01/25	
	6/01/25	
	6/01/25	
	6/01/25	
	6/01/25	

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
110	202505 320-53800-48000	*	500.00
GEN MAINT-RPR FENCE
107	202506 320-53800-34000	*	1,250.00
FIELD MANAGEMENT-JUN25
108	202506 310-51300-34000	*	3,541.67
MANAGMENT FEES-JUN25
108	202506 310-51300-35200	*	105.00
WEBSITE MANAGEMENT-JUN25
108	202506 310-51300-35100	*	157.50
INFORMATION TECH-JUN25
108	202506 310-51300-31300	*	525.00
DISSEMINATION SVCS-JUN25
6/01/25 108	202506 330-57200-48300	*	1,041.67
AMENITY ACCESS MGMT-JUN25
6/01/25 108	202506 310-51300-51000	*	3.58
OFFICE SUPPLIES
6/01/25 108	202506 310-51300-42000	*	89.56
POSTAGE
GOVERNMENTAL MANAGEMENT SERVICES-CF	7,213.98 000397
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
STS	SCENIC TERRACE IARAUJO

AP300R
*** CHECK DATES	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER
BANK A GENERAL FUND		RUN	8/14/25	PAGE	6	
CHECK	VEND# DATE	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS		AMOUNT	....CHECK..... AMOUNT	#	
6/20/25 00002	6/16/25 12454	202505 310-51300-31500	*
KILINSKI VAN WYK PLLC		1,831.09	
1,831.09 000398	
- - - - - - - - 6/20/25 00048	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
6/02/25 65695614 202506 330-57200-48100	*
MASSEY SERVICES INC.	-	- - - - - - -	- - - - - - - -

100.00 000399	
- - - - - - - - 6/20/25 00040	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/23/25 18079	202505 320-53800-47300	*
5/23/25 18080	202505 320-53800-47300	*	-	- - - - - - -

650.00	- - - - - - - -	
	TROUBLE SHOOT ZONE 1-7
6/01/25 18279	202506 320-53800-46200	*		6,912.50		
	LANDSCAPE MAINT-JUN25
6/01/25 18279	202506 320-53800-46200	*		3,185.00		
	AMENITY LANDSCAPE-JUN25
PRINCE & SONS, INC.			12,179.18 000400	
- - - - - - - - 6/20/25 00045	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
6/01/25 27763	202506 330-57200-48500	*
MCDONNELL CORPORATION DBA	-	- - - - - - -	- - - - - - - -

2,500.00 000401	
- - - - - - - - 6/27/25 00013	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
6/25/25 22453192 202505 310-51300-31100	*
DEWBERRY ENGINEERS INC.	-	- - - - - - -	- - - - - - - -

435.00 000402	
- - - - - - - -	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	-	- - - - - - -	- - - - - - - -	
	TOTAL FOR BANK A		322,977.97		
	TOTAL FOR REGISTER		322,977.97		

04/01/2025 - 06/30/2025 ***	SCENIC TERRACE SOUTH-GENERAL

ATTORNEY SVCS-MAY25

PEST CONTROL-JUN25

100.00

SPLIT ZONES/INSTAL VALVE

1,431.68

POOL MAINTENANCE-JUN25

2,500.00

ENGINEER SERVICES-MAY25

435.00

STS	SCENIC TERRACE IARAUJO

Section 3

Scenic Terrace South
Community Development District

Unaudited Financial Reporting
June 30, 2025

Table of Contents

1		Balance Sheet	

2-3	
	General Fund	

4	
	Capital Reserve Fund	

5	
	Debt Service Fund Series 2022	

6	
	Debt Service Fund Series 2023	

7	
	Capital Projects Fund Series 2022	

8	
	Capital Projects Fund Series 2023	

9-10	
	Month to Month	

11	
	Assessment Receipt Schedule	

12	
	Long Term Debt Schedule	

Scenic Terrace South
Community Development District Combined Balance Sheet
June 30, 2025

	General		Debt Service		Capital Projects		Totals	
	Fund		Fund		Fund	Governmental Funds	
Assets:									
Operating Account	$	402,941	$	-	$	603	$	403,543	
State Board of Administration	$	490,677	$	-	$	-	$	490,677	
Due from General Fund	$	-	$	1,587	$	-	$	1,587	
Investments:									
Series 2022									
Reserve	$	-	$	538,214	$	-	$	538,214	
Revenue	$	-	$	642,057	$	-	$	642,057	
Prepayment	$	-	$	643			$	643	
Series 2023									
Reserve	$	-	$	86,475	$	-	$	86,475	
Revenue	$	-	$	122,116	$	-	$	122,116	
Interest	$	-	$	-	$	-	$	-	
Construction	$	-	$	-	$	79	$	79	
Total Assets	$	893,618	$	1,391,093	$	682	$	2,285,393	
Liabilities:									
Accounts Payable	$	121,948	$	-	$	-	$	121,948	
Due to Debt Service	$	1,587	$	-	$	-	$	1,587	
Total Liabilites	$	123,535	$	-	$	-	$	123,535	
Fund Balance:									
Restricted for:									
Debt Service	$	-	$	1,391,093	$	-	$	1,391,093	
Capital Projects	$	-	$	-	$	682	$	682	
Assigned for:									
Capital Reserves	$	-	$	-	$	-	$	-	
Unassigned	$	770,083	$	-	$	-	$	770,083	
Total Fund Balances	$	770,083	$	1,391,093	$	682	$	2,161,857	
									
Total Liabilities & Fund Balance	$	893,618	$	1,391,093	$	682	$	2,285,393	

Scenic Terrace South
Community Development District General Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending June 30, 2025

	Adopted	Prorated Budget	Actual		
	Budget	Thru 06/30/25	Thru 06/30/25	Variance	

Revenues:					
Assessments - Tax Roll	$	691,023	$	691,023	$	696,844	$	5,821	
Contribution from Scenic Terrace North	$	58,325	$	58,325	$	58,325	$	0	
Interest	$	-	$	-	$	5,677	$	5,677	
Miscellaneous Income	$	-	$	-	$	90	$	90	
Total Revenues	$	749,348	$	749,348	$	760,936	$	11,588	

Expenditures:					
General & Administrative:					
Supervisor Fees	$	12,000	$	9,000	$	2,400	$	6,600	
FICA Expense	$	-	$	-	$	122	$	(122)	
Engineering	$	15,000	$	11,250	$	4,681	$	6,569	
Attorney	$	25,000	$	18,750	$	7,438	$	11,312	
Annual Audit	$	3,400	$	3,400	$	3,400	$	-	
Assessment Administration	$	5,250	$	5,250	$	5,250	$	-	
Arbitrage	$	900	$	900	$	900	$	-	
Dissemination	$	6,300	$	4,725	$	4,725	$	-	
Disclosure Software	$	-	$	-	$	3,000	$	(3,000)	
Trustee Fees	$	8,081	$	8,081	$	8,297	$	(216)	
Management Fees	$	42,500	$	31,875	$	31,875	$	(0)	
Information Technology	$	1,890	$	1,418	$	1,418	$	-	
Website Maintenance	$	1,260	$	945	$	945	$	-	
Postage & Delivery	$	1,000	$	1,000	$	1,512	$	(512)	
Insurance	$	5,720	$	5,720	$	5,564	$	156	
Copies	$	1,000	$	750	$	6	$	744	
Legal Advertising	$	3,500	$	2,625	$	-	$	2,625	
Contingency	$	3,500	$	2,625	$	506	$	2,119	
Office Supplies	$	250	$	188	$	16	$	172	
Dues, Licenses & Subscriptions	$	175	$	175	$	175	$	-	
Total General & Administrative	$	136,726	$	108,676	$	82,229	$	26,448	

Scenic Terrace South
Community Development District General Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending June 30, 2025

	Adopted	Prorated Budget	Actual		
	Budget	Thru 06/30/25	Thru 06/30/25	Variance	

Operations & Maintenance					
Field Expenditures
Property Insurance	

$	15,302	

$	15,302	

$	10,591	

$	4,711	
Field Management	$	15,000	$	11,250	$	11,250	$	-	
Landscape Maintenance	$	125,000	$	93,750	$	109,728	$	(15,978)	
Landscape Replacement	$	17,500	$	13,125	$	10,229	$	2,896	
Streetlights	$	45,000	$	33,750	$	24,904	$	8,846	
Electric	$	15,000	$	11,250	$	4,271	$	6,979	
Water & Sewer	$	-	$	-	$	29,140	$	(29,140)	
Sidewalk & Asphalt Maintenance	$	2,500	$	1,875	$	-	$	1,875	
Irrigation Repairs	$	7,500	$	7,500	$	9,714	$	(2,214)	
General Repairs & Maintenance	$	12,500	$	9,375	$	9,992	$	(617)	
Contingency	$	10,000	$	10,000	$	129,725	$	(119,725)	
Subtotal Field Expenditures	$	265,302	$	207,177	$	349,543	$	(142,366)	

Amenity Expenditures
Amenity - Electric	

$	15,000	

$	11,250	

$	12,411	

$	(1,161)	
Amenity - Water	$	7,500	$	5,625	$	4,214	$	1,411	
Playground Lease	$	72,600	$	54,450	$	28,184	$	26,266	
Internet	$	3,000	$	2,250	$	-	$	2,250	
Pest Control	$	720	$	540	$	900	$	(360)	
Janitorial Service	$	15,000	$	11,250	$	7,830	$	3,420	
Security Services	$	33,000	$	24,750	$	5,044	$	19,706	
Pool Maintenance	$	18,000	$	18,000	$	22,700	$	(4,700)	
Amenity Repairs & Maintenance	$	10,000	$	7,500	$	-	$	7,500	
Amenity Access Management	$	12,500	$	9,375	$	9,375	$	(0)	
Contingency	$	10,000	$	10,000	$	28,607	$	(18,607)	
Subtotal Amenity Expenditures	$	197,320	$	154,990	$	119,265	$	35,725	
					
Total Operations & Maintenance	$	462,622	$	362,167	$	468,808	$	(106,641)	
					
Total Expenditures	$	599,348	$	470,843	$	551,037	$	(80,193)	
					
Excess (Deficiency) of Revenues over Expenditures	$	150,000		$	209,900		

Other Financing Sources/(Uses):					

Capital Reserves	
$	150,000	
$	-	
$	-	
$	
-	
Total Other Financing Sources/(Uses)	$	150,000	$	-	$	-	$	-	
						
Net Change in Fund Balance	$	-		$	209,900			
						
Fund Balance - Beginning	$	-		$	560,183			
						
Fund Balance - Ending	$	-		$	770,083			

Scenic Terrace South
Community Development District Capital Reserve Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending June 30, 2025

	Adopted	Prorated Budget	Actual		
	Budget	Thru 06/30/25	Thru 06/30/25	Variance		

Revenues:

Interest Income	

$	-	

$	-	

$	-	$		

-	
Total Revenues	$	-	$	-	$	-	$		-	

Expenditures:

Capital Outlay	

$	1,000	

$	-	

$	-	$		

-	
Total Expenditures	$	1,000	$	-	$	-	$		-	
						
Excess (Deficiency) of Revenues over Expenditures	$	(1,000)		$	-			

Other Financing Sources/(Uses):

Transfer In/(Out)	

$	150,000	

$	-	

$	-	$		

-	
Total Other Financing Sources/(Uses)	$	150,000	$	-	$	-	$		-	
						
Net Change in Fund Balance	$	149,000		$	-			
						
Fund Balance - Beginning	$	-		$	-			
						
Fund Balance - Ending	$	149,000		$	-			

Scenic Terrace South
Community Development District Debt Service Fund Series 2022
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending June 30, 2025

	Adopted	Prorated Budget	Actual		
	Budget	Thru 06/30/25	Thru 06/30/25	Variance	

Revenues:					
Assessments - Tax Roll	$	1,078,703	$	1,078,703	$	1,087,885	$	9,182	
Interest	$	20,000	$	20,000	$	37,160	$	17,160	
Total Revenues	$	1,098,703	$	1,098,703	$	1,125,045	$	26,341	

Expenditures:					
Series 2022
Interest - 11/1	

$	387,200	

$	387,200	

$	387,200	

$	-	
Special Call - 11/1	$	-	$	-	$	5,000	$	(5,000)	
Principal - 5/1	$	305,000	$	305,000	$	305,000	$	-	
Interest - 5/1	$	387,200	$	387,200	$	387,084	$	116	
Total Expenditures	$	1,079,400	$	1,079,400	$	1,084,284	$	(4,884)	
					
Excess (Deficiency) of Revenues over Expenditures	$	19,303		$	40,760		
					
Fund Balance - Beginning	$	706,421		$	1,141,523		
					
Fund Balance - Ending	$	725,724		$	1,182,283		

Scenic Terrace South
Community Development District Debt Service Fund Series 2023
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending June 30, 2025

	Adopted	Prorated Budget	Actual		
	Budget	Thru 06/30/25	Thru 06/30/25	Variance	

Revenues:					
Assessments - On Roll	$	172,953	$	172,953	$	174,409	$	1,456	
Interest	$	2,000	$	2,000	$	5,702	$	3,702	
Total Revenues	$	174,953	$	174,953	$	180,111	$	5,159	

Expenditures:					
Series 2023
Interest - 11/1	

$	72,050	

$	72,050	

$	72,050	

$	-	
Principal - 11/1	$	20,000	$	20,000	$	20,000	$	-	
Interest - 5/1	$	71,475	$	71,475	$	71,475	$	-	
Total Expenditures	$	163,525	$	163,525	$	163,525	$	-	
					
Excess (Deficiency) of Revenues over Expenditures	$	11,428		$	16,586		
					
Fund Balance - Beginning	$	182,331		$	192,224		
					
Fund Balance - Ending	$	193,759		$	208,810		

Scenic Terrace South
Community Development District Capital Projects Fund Series 2022
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending June 30, 2025

Adopted	Prorated Budget	Actual	
Budget	Thru 06/30/25	Thru 06/30/25	Variance	

Revenues		
Developer Contributions	$	-	$	-	$	57,322	$	57,322	
Interest	$	-	$	-	$	1,426	$	1,426	
Total Revenues	$	-	$	-	$	58,748	$	58,748	

Expenditures:					
Capital Outlay - Construction	$	-	$	-	$	128,000	$	(128,000)	
Contingency	$	-	$	-	$	1,117	$	(1,117)	
Total Expenditures	$	-	$	-	$	129,117	$	(129,117)	
					
Excess (Deficiency) of Revenues over Expenditures	$	-	$	(70,369)		
					
Fund Balance - Beginning	$	-	$	70,972		
					
Fund Balance - Ending	$	-	$	603		

Scenic Terrace South
Community Development District Capital Projects Fund Series 2023
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending June 30, 2025

Adopted	Prorated Budget	Actual	
Budget	Thru 06/30/25	Thru 06/30/25	Variance	

Revenues

Developer Contributions	

$	

-	$	

-	$	3,896	

$	3,896	
Total Revenues	$	-	$	-	$	3,896	$	3,896	

Expenditures:

Capital Outlay - Construction	

$	

-	$	

-	$	3,817	

$	(3,817)	
Total Expenditures	$	-	$	-	$	3,817	$	(3,817)	
					
Excess (Deficiency) of Revenues over Expenditures	$	-	$	79		
					
Fund Balance - Beginning	$	-	$	-		
					
Fund Balance - Ending	$	-	$	79		

Scenic Terrace South
Community Development District Month to Month

Oct	Nov	Dec	Jan	Feb	March	April	May	June	July	Aug	Sept	Total

Revenues:

Assessments - Tax Roll	$	-	$	1,852	$	526,051	$	4,423	$	99,503	$	5,045	$	50,434	$	8,660	$	876	$	-	$	-	$	-	$	696,844	
Contribution from Scenic Terrace North	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	58,325	$	-	$	-	$	-	$	58,325	
Interest	$	-	$	-	$	-	$	-	$	-	$	240	$	1,789	$	1,854	$	1,795	$	-	$	-	$	-	$	5,677	
Miscellaneous Income	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	30	$	60	$	-	$	-	$	-	$	90	
Total Revenues	$	-	$	1,852	$	526,051	$	4,423	$	99,503	$	5,284	$	52,223	$	10,544	$	61,057	$	-	$	-	$	-	$	760,936	

Expenditures:											
General & Administrative:											
Supervisor Fees	$	-	$	800	$	-	$	-	$	-	$	1,000	$	-	$	-	$	600	$	-  $	-  $	-  $	2,400	
FICA Expense	$	-	$	-	$	-	$	-	$	-	$	77	$	-	$	-	$	46	$	-  $	-  $	-  $	122	
Engineer Fees	$	640	$	2,450	$	-	$	160	$	774	$	160	$	-	$	435	$	63	$	-  $	-  $	-  $	4,681	
Attorney Fees	$	234	$	1,261	$	682	$	712	$	1,518	$	217	$	79	$	1,831	$	904	$	-  $	-  $	-  $	7,438	
Annual Audit	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	3,400	$	-  $	-  $	-  $	3,400	
Assessment Adminstration	$	5,250	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	5,250	
Arbitrage	$	-	$	-	$	-	$	-	$	450	$	-	$	-	$	450	$	-	$	-  $	-  $	-  $	900	
Dissemination	$	525	$	525	$	525	$	525	$	525	$	525	$	525	$	525	$	525	$	-  $	-  $	-  $	4,725	
Disclosure Software	$	3,000	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	3,000	
Trustee Fees	$	-	$	4,256	$	-	$	-	$	-	$	-	$	-	$	4,041	$	-	$	-  $	-  $	-  $	8,297	
Management Fees	$	3,542	$	3,542	$	3,542	$	3,542	$	3,542	$	3,542	$	3,542	$	3,542	$	3,542	$	-  $	-  $	-  $	31,875	
Information Technology	$	158	$	158	$	158	$	158	$	158	$	158	$	158	$	158	$	158	$	-  $	-  $	-  $	1,418	
Website Maintenance	$	105	$	105	$	105	$	105	$	105	$	105	$	105	$	105	$	105	$	-  $	-  $	-  $	945	
Postage & Delivery	$	523	$	40	$	77	$	314	$	160	$	188	$	74	$	46	$	90	$	-  $	-  $	-  $	1,512	
Insurance	$	5,564	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	5,564	
Copies	$	-	$	-	$	-	$	-	$	-	$	6	$	-	$	-	$	-	$	-  $	-  $	-  $	6	
Legal Advertising	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-	
Contingency	$	140	$	41	$	40	$	40	$	50	$	49	$	49	$	49	$	49	$	-  $	-  $	-  $	506	
Office Supplies	$	2	$	1	$	3	$	0	$	1	$	4	$	1	$	1	$	4	$	-  $	-  $	-  $	16	
Dues, Licenses & Subscriptions	$	175	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	175	
Total General & Administrative	$	19,858	$	13,178	$	5,132	$	5,555	$	7,281	$	6,029	$	4,532	$	11,181	$	9,483	$	-  $	-  $	-  $	82,229	

Scenic Terrace South
Community Development District Month to Month

	Oct	Nov	Dec	Jan	Feb	March	April	May	June	July	Aug	Sept	Total	
Operations & Maintenance															
Field Expenditures
Property Insurance	

$	

10,034  $	

-  $	

-  $	

-  $	

-  $	

-  $	

-  $	

557  $	

-  $	

-  $	

-  $	

-  $	

10,591	
Field Management	$	1,250  $	1,250  $	1,250  $	1,250  $	1,250  $	1,250  $	1,250  $	1,250  $	1,250  $	-  $	-  $	-  $	11,250	
Landscape Maintenance	$	23,423  $	10,098  $	10,098  $	10,098  $	12,698  $	10,098  $	10,098  $	13,023  $	10,098  $	-  $	-  $	-  $	109,728	
Landscape Replacement	$	-  $	-  $	3,000  $	-  $	-  $	-  $	-  $	5,209  $	2,020  $	-  $	-  $	-  $	10,229	
Lake Maintenance	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-	
Streetlights	$	-  $	-  $	-  $	8,195  $	5,220  $	3,965  $	1,846  $	2,839  $	2,839  $	-  $	-  $	-  $	24,904	
Electric	$	942  $	877  $	401  $	482  $	501  $	272  $	305  $	246  $	245  $	-  $	-  $	-  $	4,271	
Water & Sewer	$	-  $	-  $	23,934  $	-  $	4,348  $	232  $	278  $	320  $	27  $	-  $	-  $	-  $	29,140	
Sidewalk & Asphalt Maintenance	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-	
Irrigation Repairs	$	178  $	-  $	110  $	755  $	500  $	718  $	4,687  $	2,166  $	598  $	-  $	-  $	-  $	9,714	
General Repairs & Maintenance	$	-  $	980  $	-  $	5,111  $	1,286  $	300  $	-  $	500  $	1,815  $	-  $	-  $	-  $	9,992	
Contingency	$	800  $	880  $	-  $	3,284  $	8,643  $	10,957  $	61,188  $	41,609  $	2,365  $	-  $	-  $	-  $	129,725	
Subtotal Field Expenditures	$	36,627  $	14,084  $	38,793  $	29,174  $	34,445  $	27,792  $	79,652  $	67,720  $	21,257  $	-  $	-  $	-  $	349,543	

Amenity Expenditures
Amenity - Electric	

$	

1,382  $	

1,343  $	

1,270  $	

1,309  $	

1,408  $	

1,290  $	

1,268  $	

1,474  $	

1,667  $	

-  $	

-  $	

-  $	

12,411	
Amenity - Water	$	-  $	-  $	-  $	-  $	1,729  $	537  $	638  $	687  $	623  $	-  $	-  $	-  $	4,214	
Playground Lease	$	3,132  $	3,132  $	3,132  $	3,140  $	3,132  $	3,132  $	3,124  $	3,132  $	3,132  $	-  $	-  $	-  $	28,184	
Internet	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-	
Pest Control	$	100  $	100  $	100  $	100  $	100  $	100  $	100  $	100  $	100  $	-  $	-  $	-  $	900	
Janitorial Service	$	600  $	920  $	910  $	900  $	900  $	900  $	900  $	900  $	900  $	-  $	-  $	-  $	7,830	
Security Services	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	3,195  $	1,849  $	-  $	-  $	-  $	5,044	
Pool Maintenance	$	2,700  $	2,500  $	2,500  $	2,500  $	2,500  $	2,500  $	2,500  $	2,500  $	2,500  $	-  $	-  $	-  $	22,700	
Amenity Repairs & Maintenance	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-	
Amenity Access Management	$	1,042  $	1,042  $	1,042  $	1,042  $	1,042  $	1,042  $	1,042  $	1,042  $	1,042  $	-  $	-  $	-  $	9,375	
Contingency	$	-  $	-  $	3,308  $	14,000  $	1,580  $	4,855  $	-  $	3,964  $	900  $	-  $	-  $	-  $	28,607	
Subtotal Amenity Expenditures	$	8,955  $	9,036  $	12,262  $	22,990  $	12,390  $	14,356  $	9,572  $	16,993  $	12,711  $	-  $	-  $	-  $	119,265	
															
Total Operations & Maintenance	$	45,582  $	23,120  $	51,055  $	52,165  $	46,834  $	42,147  $	89,224  $	84,713  $	33,968  $	-  $	-  $	-  $	468,808	
															
Total Expenditures	$	65,440  $	36,297  $	56,186  $	57,720  $	54,115  $	48,176  $	93,756  $	95,895  $	43,452  $	-  $	-  $	-  $	551,037	
															
Excess (Deficiency) of Revenues over Expenditures	$	(65,440)  $	(34,445)  $	469,864  $	(53,297)  $	45,388  $	(42,892)  $	(41,533)  $	(85,350)  $	17,605  $	-  $	-  $	-  $	209,900	

Scenic Terrace South
COMMUNITY DEVELOPMENT DISTRICT
Special Assessment Receipts Fiscal Year 2025

ON ROLL ASSESSMENTS

Gross Assessments $

743,037.06

$ 1,160,000.16

$ 185,970.51

$ 2,089,007.73

Net Assessments

$  691,024.47

$ 1,078,800.15

$ 172,952.57

$ 1,942,777.19

35.57%	55.53%	8.90%	100.00%

Date	
Distribution	
Gross Amount	
Discount/Penalty	
Commission	
Interest	
Property Appraiser	
Net Receipts	
General Fund	2022 Debt Service	2023 Debt Service	
Total	

11/13/24	
10/21/24	
$422.51	
($22.18)	
($8.01)	
$0.00	
$0.00	
$392.32	
$139.54	
$217.85	
$34.93	
$392.32	
11/13/24	10/21/24	$238.86	($12.54)	($4.53)	$0.00	$0.00	$221.79	$78.89	$123.16	$19.74	$221.79	
11/15/24	10/01/24-10/31/24	$1,559.14	($62.36)	($29.94)	$0.00	$0.00	$1,466.84	$521.74	$814.52	$130.58	$1,466.84	
11/15/24	10/01/24-10/31/24	$881.42	($35.26)	($16.92)	$0.00	$0.00	$829.24	$294.95	$460.47	$73.82	$829.24	
11/19/24	11/01/24-11/07/24	$1,559.14	($62.36)	($29.94)	$0.00	$0.00	$1,466.84	$521.74	$814.52	$130.58	$1,466.84	
11/19/24	11/01/24-11/07/24	$881.42	($35.26)	($16.92)	$0.00	$0.00	$829.24	$294.95	$460.47	$73.82	$829.24	
12/06/24	11/16/24-11/26/24	$424,161.97	($16,966.58)	($8,143.91)	$0.00	$0.00	$399,051.48	$141,938.22	$221,588.35	$35,524.91	$399,051.48	
12/06/24	11/16/24-11/26/24	$222,999.26	($8,920.78)	($4,281.57)	$0.00	$0.00	$209,796.91	$74,622.45	$116,497.63	$18,676.83	$209,796.91	
12/20/24	11/27/24-11/30/24	$167,469.80	($6,699.40)	($3,215.41)	$0.00	$0.00	$157,554.99	$56,040.57	$87,488.34	$14,026.08	$157,554.99	
12/20/24	11/27/24-11/30/24	$297,514.00	($11,900.00)	($5,712.28)	$0.00	$0.00	$279,901.72	$99,557.97	$155,425.96	$24,917.79	$279,901.72	
12/27/24	12/01/24-12/15/24	$165,706.96	($6,373.10)	($3,186.68)	$0.00	$0.00	$156,147.18	$55,539.83	$86,706.60	$13,900.75	$156,147.18	
12/27/24	12/01/24-12/15/24	$293,437.67	($11,284.35)	($5,643.07)	$0.00	$0.00	$276,510.25	$98,351.66	$153,542.72	$24,615.87	$276,510.25	
01/10/25	12/16/24-12/31/24	$22,396.28	($671.91)	($434.49)	$0.00	$0.00	$21,289.88	$7,572.57	$11,822.01	$1,895.30	$21,289.88	
01/10/25	12/16/24-12/31/24	$12,661.16	($379.80)	($245.63)	$0.00	$0.00	$12,035.73	$4,280.98	$6,683.29	$1,071.46	$12,035.73	
01/21/25	Inv#4652196	$0.00	$0.00	$0.00	$0.00	($7,430.37)	($7,430.37)	($2,642.90)	($4,125.99)	($661.48)	($7,430.37)	
01/21/25	Inv#4652195	$0.00	$0.00	$0.00	$0.00	($13,459.71)	($13,459.71)	($4,787.47)	($7,474.01)	($1,198.23)	($13,459.71)	
02/03/25	10/01/24-12/31/24	$0.00	$0.00	$0.00	$1,514.58	$0.00	$1,514.58	$538.72	$841.03	$134.83	$1,514.58	
02/03/25	10/01/24-12/31/24	$0.00	$0.00	$0.00	$830.50	$0.00	$830.50	$295.40	$461.17	$73.93	$830.50	
02/10/25	01/01/25-01/31/25	$186,425.32	($5,479.53)	($3,618.92)	$0.00	$0.00	$177,326.87	$63,073.21	$98,467.42	$15,786.24	$177,326.87	
02/10/25	01/01/25-01/31/25	$105,210.26	($3,093.50)	($2,042.34)	$0.00	$0.00	$100,074.42	$35,595.37	$55,570.09	$8,908.96	$100,074.42	
03/07/25	02/01/25-02/28/25	$9,354.84	($109.14)	($184.91)	$0.00	$0.00	$9,060.79	$3,222.83	$5,031.34	$806.62	$9,060.79	
03/07/25	02/01/25-02/28/25	$5,288.52	($61.73)	($104.54)	$0.00	$0.00	$5,122.25	$1,821.93	$2,844.32	$456.00	$5,122.25	
04/11/25	03/01/25-03/31/25	$52,003.78	($17.64)	($1,039.72)	$0.00	$0.00	$50,946.42	$18,121.08	$28,289.92	$4,535.42	$50,946.42	
04/11/25	03/01/25-03/31/25	$91,989.26	($31.19)	($1,839.16)	$0.00	$0.00	$90,118.91	$32,054.30	$50,041.92	$8,022.69	$90,118.91	
04/30/25	01/01/25-03/31/25	$0.00	$0.00	$0.00	$262.36	$0.00	$262.36	$93.31	$145.69	$23.36	$262.36	
04/30/25	01/01/25-03/31/25	$0.00	$0.00	$0.00	$464.59	$0.00	$464.59	$165.25	$257.98	$41.36	$464.59	
05/09/25	04/01/25-04/30/25	$15,871.96	$0.00	($317.44)	$0.00	$0.00	$15,554.52	$5,532.57	$8,637.23	$1,384.72	$15,554.52	
05/09/25	04/01/25-04/30/25	$8,972.84	$0.00	($179.46)	$0.00	$0.00	$8,793.38	$3,127.70	$4,882.86	$782.82	$8,793.38	
06/13/25	05/01/25-05/31/25	$907.86	$0.00	($18.16)	$0.00	$0.00	$889.70	$316.46	$494.04	$79.20	$889.70	
06/13/25	05/01/25-05/31/25	$1,605.91	$0.00	($32.12)	$0.00	$0.00	$1,573.79	$559.78	$873.91	$140.10	$1,573.79	
	TOTAL	$	2,089,520.14	$	(72,218.61)	$	(40,346.07)	$	3,072.03	$	(20,890.08)	$ 1,959,137.41	$  696,843.60	$ 1,087,884.81	$ 174,409.00	$ 1,959,137.41	

101% Net Percent Collected
0 Balance Remaining to Collect

Scenic Terrace South
Community Development District Long Term Debt Report

Series 2022, Special Assessment Revenue Bonds	
Interest Rate:	3.750%, 4.125%, 4.500%, 4.625z%		
Maturity Date:
Reserve Fund Definition Reserve Fund Requirement	5/1/2053
Maximum Annual Debt Service
$538,214		
Reserve Fund Balance	$538,214		
Bonds Outstanding - 04/06/22		$22,350,000	
Less: Special Call - 08/1/23		($1,265,000)	
Less: Special Call - 11/1/23		($2,785,000)	
Less: Special Call - 2/1/24		($20,000)	
Less: Principal Payment - 05/01/24		($305,000)	
Less: Special Call - 08/1/24		($710,000)	
Less: Special Call - 11/1/24		($5,000)	
Less: Principal Payment - 05/01/25		($305,000)	
Current Bonds Outstanding	$16,955,000	

Series 2023, Special Assessment Revenue Bonds	
Interest Rate:	5.750%, 6.550%, 6.750%		
Maturity Date:
Reserve Fund Definition Reserve Fund Requirement	11/1/2053
Maximum Annual Debt Service
$86,475		
Reserve Fund Balance	$86,475		
Bonds Outstanding - 10/20/23		$2,195,000	
Less: Principal Payment - 11/01/24		($20,000)	
Current Bonds Outstanding		$2,175,000