Scenic Terrace South Community Development District

Meeting Agenda February 26, 2026

-. ·-�-

Scenic Terrace South
Community Development District

219 E. Livingston St., Orlando, Florida 32801 Phone: 407-841-5524 – Fax: 407-839-1526
February 19, 2026

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 Thursday, February 26, 2026 at 9:30 AM 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 December 17, 2025 Board of Supervisors Meeting
Consideration of 2026 Contract Agreement with Polk County Property Appraiser
Staff Reports
Attorney
Engineer
Field Manager’s Report
Consideration of Proposal for Purchase and Installation of New Pool Motor (from December 17, 2025 Board Meeting)
Consideration of Proposal for “No Parking on Streets” Signs
District Manager’s Report
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 on Wednesday, December 17, 2025, at 9:30 a.m. at the Offices of PRIME Community Management, 375 Avenue A SE, Winter Haven, Florida.

Present and constituting a quorum:

Lindsey Roden	Vice Chairperson
Bobbie Shockley	Assistant Secretary
Jessica Spencer	Assistant Secretary Also present were:
Jill Burns	District Manager, GMS
Meredith Hammock	District Counsel, Kilinski Van Wyk
Chace Arrington by Zoom	District Engineer, Dewberry
Joel Blanco	Field Manager, GMS

FIRST ORDER OF BUSINESS	Roll Call
Ms. Burns called the meeting to order at 9:35 a.m. and called the roll. Three Supervisors were present constituting a quorum.

SECOND ORDER OF BUSINESS	Public Comment Period
Resident questioned the proposal to install mulch.

THIRD ORDER OF BUSINESS	Organizational Matters
Administration of Oaths of Office to Newly Elected Board Members – Jessica Spencer (Seat #2), Lauren Schwenk (Seat #3) & Bobbie Shockley (Seat #4)(Landowners’ Election held on November 19, 2025)
Ms. Burns administered the oath of office to Jessica Spencer and Bobbie Shockley. Lauren Schwenk is not present and will be sworn in at a later time.

Consideration of Resolution 2026-05 Canvassing and Certifying the Results of the Landowners’ Election

Ms. Burns presented the results of the November 19, 2025 Landowners’ election with three Supervisors elected. She offered to take questions otherwise she asked for a motion to approve the resolution.

On MOTION by Ms. Shockley, seconded by Ms. Spencer, with all in favor, Resolution 2026-05 Canvassing and Certifying the Results of the Landowners’ Election, was approved.

Election of Officers
Consideration of Resolution 2026-06 Electing Officers
Ms. Burns stated previously Rennie Heath was Chair, Lauren Schwenk was Vice Chair, and Lindsey Roden, Pat Hudson (replaced with Jessica Spencer at Landowners Election), and Bobbie Shockley, were Assistant Secretaries. After Board discussion, their consensus was for Lauren Schwenk to serve as Chair, Lindsey Roden as Vice Chair and the other Supervisors will serve as Assistant Secretaries along with George Flint, and Jill Burns as Secretary.

On MOTION by Ms. Spencer, seconded by Ms. Shockley, with all in favor, Resolution 2026-06 Electing Officers as slated above, was approved.

Consideration of Resolution 2026-07 Extending Board Seat Terms to Coincide with Election Years
Ms. Burns stated right now the general election process has not been reached. The general election process starts when the District has been established for at least six years and there are at least 250 registered voters within the District. At that time, two seats turn over to residents who reside within the community. That process is handled by the Supervisor of Elections. Residents will get entered on the ballot when they go to vote. That has to line up with even years because it goes on the Supervisor of Election schedules. This resolution extends the terms to the even years. They are currently 2027 and 2029 and will move to the even years 2028 and 2030.

On MOTION by Ms. Roden, seconded by Ms. Spencer, with all in favor, Resolution 2026-07 Extending Borad Seat Terms to Coincide with Election Years, was approved.

FOURTH ORDER OF BUSINESS	Approval of Minutes of the October 15,
2025 Board of Supervisors Meeting & the November 19, 2025 Landowners’ Meeting
Ms. Burns presented the minutes from the October 15, 2025, Board of Supervisors meeting and the November 19, 2025 Landowners’ meeting. She asked for any comments, corrections, or questions. The Board had no changes to the minutes.

On MOTION by Ms. Shockley, seconded by Ms. Spencer, with all in favor, the Minutes of October 15, 2025 Board of Supervisors Meeting and November 19, 2025 Landowners’ Meeting, were approved.

FIFTH ORDER OF BUSINESS	Public Hearing
Public Hearing on the Adoption of Amended and Restated Rules of Procedure for the District
Ms. Burns stated this public hearing has been advertised in the paper as required by Florida statute. She asked for a motion to open the public hearing.

On MOTION by Ms. Roden, seconded by Ms. Spencer, with all in favor, Opening the Public Hearing, was approved.

i.  Consideration of Resolution 2026-08 Adopting Amended and Restated Rules of Procedure for the District
Ms. Burns explained this is amending the District’s existing Rules of Procedure that governs the District. It is being updated for recent Florida statute changes and minor corrections. These are the same that the Board saw at the previous meeting that have been posted. Ms. Burns asked for any public comments on the amended and restated Rules of Procedure. There being no questions, Ms. Burns asked for a motion to approve the resolution.

On MOTION by Ms. Spencer, seconded by Ms. Roden, with all in favor, Resolution 2026-08 Adopting Amended and Restated Rules of Procedure for the District, was approved.

Ms. Burns asked for a motion to the close the public hearing.

On MOTION by Ms. Spencer, seconded by Ms. Roden, with all in favor, Closing the Public Hearing, was approved.

SIXTH ORDER OF BUSINESS	Consideration	of	Resolution	2026-09
Adopting an Amended Meeting Date for Remaining Fiscal Year 2026 Board Meetings
Ms. Burns stated meetings are scheduled monthly, currently the third Wednesday of the month at 9:30 a.m. The Board had some conflict with the Wednesday date so it has been moved to the fourth Thursday. She noted that the location and time are the same. The website will be updated with the new dates and those dates will be readvertised.

On MOTION by Ms. Shockley, seconded by Ms. Spencer, with all in favor, Resolution 2026-09 Adopting an Amended Meeting Date for Remaining Fiscal Year 2026 Board Meetings, was approved.

SEVENTH ORDER OF BUSINESS	Presentation of Arbitrage Rebate Report
from AMTEC for Series 2023 Project Bonds
Ms. Burns stated this report is required under the Trust Indenture for the bonds. The District has to demonstrate under internal revenue code that they do not earn more interest than they pay on the bonds. Page 4 shows a negative arbitrage amount.

On MOTION by Ms. Spencer, seconded by Ms. Roden, with all in favor, Accepting the Arbitrage Rebate Report from AMTEC for Series 2023 Project Bonds, was approved.

EIGHTH ORDER OF BUSINESS	Consideration of 2026 Data Sharing and
Usage Agreement with Polk County Property Appraiser
Ms. Burns stated this is the annual renewal of the existing agreement that they require the District to enter into every year. It is primarily administrative. There are certain procedures that have to be followed, for example certain police, judges, their information may be exempt from public record. This is required in order to collect assessments on the tax bill.

On MOTION by Ms. Roden, seconded by Ms. Spencer, with all in favor, the 2026 Data Sharing and Usage Agreement with Polk County Property Appraiser, was approved.

TWELFTH ORDER OF BUSINESS	Staff Reports
Attorney
Ms. Hammock reminded the Board of ethics training due by the end of the calendar year.
Form1 will be submitted next year.

Engineer
Mr. Arrington had nothing to report but offered to take questions.

Field Manager’s Report
Mr. Blanco reviewed the Field Manager’s report on page 116 of the agenda package.

Consideration of Proposal for Purchase and Installation of New Pool Motor
Ms. Burns stated the pool motor is declining and is not under warranty. The pool vendor suggested replacing it now. She suggested that the Board delegate authority to the Chair to approve if the pool motor fails, if not Mr. Blanco will bring back additional options.

On MOTION by Ms. Roden, seconded by Ms. Shockley, with all in favor, Delegating Authority to the Chair to Approve if Pool Motor Fails, if not Mr. Blanco to bring back additional options, was approved.

Consideration of Landscaping Proposals
Proposal to Install Pine Bark Mulch Around the Amenity Center
Mr. Blanco stated this would be a refresh of the mulch around the amenity.

On MOTION by Ms. Roden, seconded by Ms. Shockley, with all in favor, the Proposal to Install Pine Bark Mulch Around the Amenity Center, was approved.

Proposal to Install Pine Bark Mulch Around District Perimeter & Common Areas

Mr. Blanco stated this proposal is to install pine bark mulch around the District perimeter and common areas.

On MOTION by Ms. Shockley, seconded by Ms. Spencer, with all in favor, the Proposal to Install Pine Bark Mulch Around District Perimeter & Common Areas, was approved.

District Manager’s Report
Approval of Check Register
Ms. Burns presented the check register from September 1, 2025 through October 31, 2025 totaling $139,847.31. She offered to take any questions.

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

Balance Sheet & Income Statement
Ms. Burns stated the financial statements were included in the package for review. These are for informational purposes. No action is required. These are for October which is the first month of the fiscal year.

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

ELEVENTH ORDER OF BUSINESS	Supervisors'	Requests	and	Audience
Comments
Resident spoke about the pool motor and getting more than one quote. Ms. Burns noted the motor comparison; it was the recommendation of the pool vendor. They will ask if there are other options.
Resident spoke about the pine mulch bringing in rodents and bugs. Sent an email about the field in Phase 1 that has no landscaping and asked what the boundaries are and if Scenic Terrace is responsible for it. Ms. Burns stated pine mulch is standard. Rock would be considerably more.
Resident stated the above lot is next to her house and she gets snakes and more bugs in her yard because the lot is not maintained. It’s an eyesore. Mr. Blanco spoke to the landscape vendor

so when they are out there, they will make sure that is mowed. Resident commented about the cheap fencing that will get blown/knocked down. Ms. Burns noted the fencing is what was installed when they had the hurricane. For insurance to cover it, it is replaced with the same fencing. If residents want to explore another type of fencing, the District would have to budget and increase assessments.
Resident (Nick Callas) stated lawn maintenance doesn’t pick up trash before mowing and just mow over the trash. Mr. Blanco stated they will address this with the landscaping vendor. They should pick up trash in areas that they mow. They aren’t contracted to pick up trash in areas they don’t mow.
Resident (Wendy) stated the lights in the sign on Scenic Terrace are dull and asked for more lighting. She asked to put a sidewalk from the side of the pool to the mailboxes. Spoke about security at the pool, people jumping the fence and making a mess. Ms. Burns noted this was not intended to be a staffed pool but with concern from residents, there is seasonal coverage Memorial Day to Labor Day on a limited basis. Expanding security is an option but at the expense of raising assessments to residents. There is a trespass order in place with the police department if you do see someone jumping the fence. Email the amenity access team if rules are being broken at the pool when there is no staff on duty.
Resident stated when leaving the subdivision it’s hard to see the traffic Northbound and asked to have the vegetation trimmed back. Mr. Blanco noted that he will look into that.

TWELFTH ORDER OF BUSINESS	Adjournment
Ms. Burns asked for a motion to adjourn the meeting.

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

Secretary/Assistant Secretary	Chairman/Vice Chairman

Section IV

CONTRACT AGREEMENT
This Agreement made and entered into on Wednesday, January 14, 2026 by and between the Scenic Terrace South Community Development District, a local unit of special purpose government of the State of Florida hereinafter referred to as the 'Special District', and Neil Combee, Polk County Property Appraiser, a Constitutional Officer of the State of Florida, whose address is 255 North Wilson Ave., Bartow, FL 33830, hereinafter referred to as the 'Property Appraiser'.
Section 197.3632 Florida Statutes, provides that special assessments of non-ad valorem taxes levied by the Special District may be included in the assessment rolls of the County and collected in conjunction with ad valorem taxes as assessed by the Property Appraiser. Pursuant to that option, the Property Appraiser and the Special District shall enter into an agreement providing for reimbursement to the Property Appraiser of administrative costs, including costs of inception and maintenance, incurred as a result of such inclusion.
The parties herein agree that, for the 2026 tax year assessment roll, the Property Appraiser will include on the assessment rolls such special assessments as are certified to her by the Scenic Terrace South Community Development District.
The term of this Agreement shall commence on January 1, 2026 or the date signed below, whichever is later, and shall run until December 31, 2026, the date of signature by the parties notwithstanding. This Agreement shall not automatically renew.
The Special District shall meet all relevant requirements of Section 197.3632 & 190.021 Florida Statutes.
The Special District shall furnish the Property Appraiser with up-to-date data concerning its boundaries and proposed assessments, and other information as requested by the Property Appraiser to facilitate in administering the non-ad valorem assessment in question. Specifically, if assessments will be included on the 2026 TRIM Notice, the Special District shall provide proposed assessments no later than Friday, July 10, 2026. The Special District’s assessments shall, as far as practicable, be uniform (e.g. one uniform assessment for maintenance, etc.) to facilitate the making of the assessments by the mass data techniques utilized by the Property Appraiser.
The Special District shall certify to the Property Appraiser the Special District’s annual installment and levy no later than Tuesday, September 15, 2026. The Property Appraiser shall, using the information provided by the Special District, place the Special District’s non ad-valorem special assessments on properties within the district for inclusion on the 2026 tax roll.
The Property Appraiser shall be compensated by the Special District for the administrative costs incurred in carrying out this Agreement at the rate of 1% of the amount levied on the TRIM Notice or if the TRIM Notice is not used, the rate shall be 1% of the amount levied on the 2026 tax roll. For the TRIM Notice, the Property Appraiser will require payment on or before Tuesday, September 15, 2026 for processing within the Property Appraiser budget year (October 1st – September 30th).
If the actual costs of performing the services under this agreement exceed the compensation provided for in Paragraph 7, the amount of compensation shall be the actual costs of performing the services under this agreement.
If tax roll corrections are requested by the Special District, the Property Appraiser shall be compensated by the Special District for the administrative costs incurred at the rate of $5.00 for each tax roll correction exceeding ten (10) corrections per tax
year.
The Special District shall indemnify and hold harmless, to the extent permitted by Florida law and without waiving its right of any applicable sovereign immunity, the Property Appraiser and all respective officers, employees, agents and instrumentalities from any and all liability, losses or damages, including attorneys' fees and costs of defense, which the Property Appraiser and all respective officers, employees, agents or instrumentalities may incur as a result of claims, demands, suits, causes of actions or proceedings of any kind or nature arising out of, relating to or resulting from the negligent or intentional acts or omissions of the Special District or its employees, agents, servants, partners, principals, or subcontractors arising out of, relating to, or resulting from the performance of the Agreement. The Special District shall pay all claims and losses in connection therewith and shall investigate and defend all claims, suits or actions of any kind or nature in the name of the Property Appraiser where applicable, including appellate proceedings, and shall pay all costs, judgments, and attorneys' fees which may issue thereon.

EXECUTED By:	Neil Combee
Polk County Property Appraiser

Special District Representative Print name
Title	Date

By:

Neil Combee, Property Appraiser

Section V

Section C

Scenic Terrace South CDD Field Management Action Items List	
Description	Vendor	Status	Proposal $	Completion	Notes	
Fence Repairs	GMS	Completed		Feb. 2026	Repaired down fences due to high winds.	

Pressure Washing Playground and Amenity	
GMS	
Completed		
Feb. 2026	Scheduling pressure washing of the
playground equipment, amenity chairs and pool deck.	
Amenity Maintenance	GMS	Completed		Feb. 2026	a toy" signs and repair damage wheel
stop.	

Dog Park Repairs	

GMS	

Completed		

Feb. 2026	Scheduling replacement of bottom
tension wire dividing the small and large dog park, clamping several bottom portions of fencing, install a new end piece and filling in holes.	
Mulch Perimeter and Common Areas Throughout
the District	Prince & Sons	Completed	$	12,900.00	Jan. 2026	Refreshing mulch beds throughout the
district's perimeter and common areas.	
Mulch Amenity Tract	Prince & Sons	Completed	$	3,600.00	Jan. 2026	Refresh mulch beds throughout the
amenity tract.	

Replace Pool Motor	
Resort Pools	
Discussion	
$	4,500.00		Vendor reported pool motor is declining
with a recommendation to replace the motor during the winter season.	

"No Parking on Streets" Sign Installation	
GMS	
Discussion	
$	2,725.14		Proposal to install "No Parking on
Streets" signs at (10) entrances throughout the district.	

Scenic Terrace South - CDD
Field Management Report – Photo Supplement

Review of Landscaping After Cold Snap

Photo Description:
Current conditions of landscaping and backflow affected by the winter cold snap.

Completed Maintenance Items

Photo Description:
Staff completed amenity and playground pressure washing, additional playground sign installation, dog park repairs, and playground border fencing.

Completed Maintenance Items Cont’d

Mulch Refresh for Common Areas, Perimeter and Amenity

Photo Description:
Mulching for all common areas and amenity landscaping beds were completed.

Proposal for “No Parking on Streets” signs

Photo Description:
Mock of sign installation and locations.

Proposal for “No Parking on Streets” Signs Cont’d

Section 1

Resort Pool Services DBA 14525 Johns Lake Rd Clermont, FL 34711 US
+1 3216896210
resortinvoice@gmail.com

Estimate 1278

				
ADDRESS
Scenic Terrace South CDD	
DATE	
TOTAL		
	10/29/2025	$4,500.00		
				
ACTIVITY	QTY	RATE	AMOUNT	
Repairs	1	4,500.00	4,500.00	
provide and install a new motor				
				
	TOTAL		$4,500.00	
			THANK YOU.	

Accepted By	
Accepted Date			

Section 2

Proposal #: 418
Proposal Date: 02/26/2026

Bill To/District:	Prepared By:	
Scenic Terrace South CDD	GMS CFL	
	219 E Livingston St.	
	Orlando, FL 32801	
Job name and Description	
Job Name: “No Parking on Streets” Sign Installation
Description: Installation of (10) 18 x 24 “No Parking on Streets” signs on a 8 ft. grey, Uchannel post at each entrance of the district.	

Governmental Management Services Tampa and CF

Qty	Description	Unit Price	Line Total	
	Labor		$880	
	Mobilization		$65	
	Equipment		$45	
	Materials		$1,735.14	

				
				
Total Due:	$2,725.14	

This Proposal is Valid for 30 days.

Maintenance Services: Joel Blanco
Phone: 786-238-9473
Email: jblanco@gmscfl.com

Client Signature: 	

Section D

Section 1

Scenic Terrace South
Community Development District
Summary of Checks

November 1, 2025 to December 31, 2025

Bank	Date	Check No.'s	Amount	

General Fund				
	11/10/25		$	23,079.03	
	11/21/25		$	16,545.82	
	12/4/25		$	3,131.59	
	12/8/25		$	16,557.07	
	12/11/25		$	3,225.07	
	12/23/25		$	173,690.61	
		Total	$	236,229.19	

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	2/19/26	PAGE	1
*** CHECK DATES 11/01/2025 - 12/31/2025 ***	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	#
11/10/25 00049 10/31/25 1606	202510 310-51300-31302	*	3,000.00
DTS MUNI CDA SAAS 1YR SUB
DISCLOSURE TECHNOLOGY SERVICES, LLC	3,000.00 000447
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
11/10/25 99999 11/10/25 VOID	202511 000-00000-00000	C	.00 VOID CHECK
******INVALID VENDOR NUMBER******	.00 000448
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
11/10/25 00003	7/31/25 118	202507 330-57200-49000	*	454.86
RPR FALLEN POST
9/30/25 134	202509 320-53800-49000	*	770.00
REMOVE OLD SIGNS
9/30/25 135	202509 320-53800-48000	*	375.00
RPR/REINSTALL COLUMN
9/30/25 136	202509 320-53800-48000	*	210.00
GEN MAINT & REPAIRS
9/30/25 137	202509 330-57200-48000	*	761.94
RPR FENCES DOG PARK
9/30/25 138	202509 330-57200-49000	*	228.07
INSTALL PANIC BAR
9/30/25 139	202509 320-53800-49000	*	1,447.85
RPR/REINFORCE FENCE
9/30/25 140	202509 330-57200-48000	*	385.00
REINSTALL POOL SIGN
9/30/25 141	202509 330-57200-49000	*	313.38
ORGAINIZE STORAGE CLOSET
9/30/25 142	202509 330-57200-48000	*	165.00
RPLCD HANDLE WOMEN BATHRM
9/30/25 143	202509 330-57200-49000	*	4,064.38
RPR SIDEWALK
9/30/25 144	202509 320-53800-48000	*	440.00
REMOVE SEDIMENT 3 PONDS
9/30/25 145	202509 330-57200-48000	*	330.00
FILL HOLES IN DOG PARK
10/01/25 132	202510 310-51300-34000	*	3,647.92
MANAGMENT FEES-OCT25
10/01/25 132	202510 310-51300-35200	*	108.17
WEBSITE MANAGEMENT-OCT25
10/01/25 132	202510 310-51300-35100	*	166.92
INFORMATION TECH-OCT25
10/01/25 132	202510 310-51300-31300	*	540.75
DISSEMINATION OCT25
10/01/25 132	202510 330-57200-48300	*	1,072.92
AMENITY ACCESS MGMT-OCT25
10/01/25 132	202510 310-51300-51000	*	.45
OFFICE SUPPLIES
STS	SCENIC TERRACE IARAUJO

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	2/19/26	PAGE	2
*** CHECK DATES 11/01/2025 - 12/31/2025 ***	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	#
10/01/25 132	202510 310-51300-42000	*	177.33
POSTAGE
10/01/25 133	202510 320-53800-34000	*	1,287.50
FIELD MANAGEMENT-OCT25
GOVERNMENTAL MANAGEMENT SERVICES-CF	16,947.44 000449
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
11/10/25 00043 11/10/25 11102025 202511 300-15500-10000	*	3,131.59
PLAYGROUND LEASE DEC2025
HEIDI BONNETT DBA HNB PROPERTY LLC	3,131.59 000450
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
11/21/25 00046 10/21/25 16306	202510 330-57200-48200	*	550.00
MNTHLY CLEANING-OCT25
10/21/25 16306	202510 330-57200-48200	*	360.00

	CSS CLEAN STAR SERVICES OF																910.00	000451	
- - - - - - - -	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	-	-	-	-	-	-	- -	-	-	-	-	-	-	- - - -	-	- - - -	- - -	
11/21/25 00050	9/03/25 113888	202508 330-57200-34500							*							240.27				
	INSTALL SURGE PROTECTION																		
	CURRENT DEMANDS ELECTRICAL	&															240.27	000452	
- - - - - - - -	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	-	-	-	-	-	-	- -	-	-	-	-	-	-	- - - -	-	- - - -	- - -	
11/21/25 00013	11/19/25 22469730 202510 310-51300-31100							*							425.00				
	ENGINEER SERVICES-OCT25																		
	11/19/25 22469731 202510 310-51300-31100							*							300.00				

MNTHLY TRASH SERVICE-OCT

ENGINEER SERVICES-OCT25

DEWBERRY ENGINEERS INC.	725.00 000453

11/21/25 00003	11/01/25	
	11/01/25	
	11/01/25	
	11/01/25	
	11/01/25	
	11/01/25	

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
146	202511 320-53800-34000	*	1,287.50
FIELD MANAGEMENT-NOV25
147	202511 310-51300-34000	*	3,647.92
MANAGMENT FEES-NOV25
147	202511 310-51300-35200	*	108.17
WEBSITE MANAGEMENT-NOV2
147	202511 310-51300-35100	*	166.92
INFORMATION TECH-NOV25
147	202511 310-51300-31300	*	540.75
DISSEMINATION SVCS-NOV25
147	202511 330-57200-48300	*	1,072.92
AMENITY ACCESS MGMT-NOV25
11/01/25 147	202511 310-51300-51000	*	3.13
OFFICE SUPPLIES
11/01/25 147	202511 310-51300-42000	*	47.86
POSTAGE
GOVERNMENTAL MANAGEMENT SERVICES-CF	6,875.17 000454
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
11/21/25 00002 11/14/25 13606	202510 310-51300-31500	*	1,281.98
ATTORNEY SVCS-OCT25
KILINSKI VAN WYK PLLC	1,281.98 000455
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
STS	SCENIC TERRACE IARAUJO

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	2/19/26	PAGE	3
*** CHECK DATES 11/01/2025 - 12/31/2025 ***	SCENIC TERRACE SOUTH-GENERAL
BANK A GENERAL FUND

	DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS			AMOUNT	#	
00048	10/07/25	67514901 202510 330-57200-48100	*	100.00			

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

PEST CONTROL-OCT25	MASSEY	SERVICES INC.	100.00	000456	
- - - -	- - -	-	- - - -	- - - - - - - - - - - - - - - - - -	- - - - - - - - -	- - -	-	-	-	-	-	-	- - -	-	-	- - - -	- - -	
11/21/25	00056	11/03/25	99529	202510 330-57200-34500	*	223.60	
SECURITY SER-10/31/25	
NATION	SECURITY SERVICES	LLC	223.60	000457	
- - - -	- - -	-	- - - -	- - - - - - - - - - - - - - - - - -	- - - - - - -	- -	- - -	-	-	-	-	-	-	- - -	-	-	- - - -	- - -	
11/21/25	00045	11/01/25	CM-26758 202511 330-57200-48500	*	2,500.00	
POOL MAINTENANCE-NOV25	
MCDONNELL CORPORATION DBA	2,500.00	000458	
- - - -	- - -	-	- - - -	- - - - - - - - - - - - - - - - - - - - - - - - -	- - -	-	-	-	-	-	-	-	- - - -	-	- - - - -	- - -	
11/21/25	00038	11/17/25	11172025 202511 300-20700-10300	*	2,921.44	
TRANSFER OF TAX RCPT S22	
SCENIC TERRACE SOUTH	CDD	2,921.44	000459	
- - - -	- - -	-	- - - -	- - - - - - - - - - - - - - - - - - - - - - - - -	- -	-	-	-	-	-	-	-	-	-	- - -	-	- - - - -	- - -	
11/21/25	00042	11/17/25	11172025 202511 300-20700-10300	*	468.36	
TRANSFER OF TAX RCPT S23	
SCENIC TERRACE SOUTH	CDD	468.36	000460	
- - - -	- - -	-	- - - -	- - - - - - - - - - - - - - - - - - - - - - - - -	- -	-	-	-	-	-	-	-	-	-	- - -	-	- - - - -	- - -	
12/04/25	00043	12/01/25	12012025 202512 300-15500-10000	*	3,131.59	
PLAYGROUND LEASE JAN26	
HEIDI BONNETT DBA HNB PROPERTY	LLC	3,131.59	000461	
- - - -	- - -	-	- - - -	- - - - -	- - - - - - - - - - - - - - - - - - - -	- - - - -	- -	-	-	-	-	- - -	-	- - - - -	- - -	
12/08/25	00035	12/03/25	7692-12-	202512 310-51300-31200	*	450.00	
SPECIAL	ASSESS BOND S2023	
AMTEC	450.00	000462	
- - - -	- - -	-	- - - -	- - - - -	- - - - - - - - - - - - - - - - -	- - -	- - -	-	-	-	-	-	-	-	-	- - -	-	-	- - - -	- - -	
12/08/25	00046	11/30/25	16549	202511 330-57200-48200	*	550.00	
11/30/25	16549	202511 330-57200-48200	*	380.00	
MNTHLY TRASH SERVICE-NOV	
CSS CLEAN STAR	SERVICES OF	930.00	000463	
- - - -	- - -	-	- - - -	- - - - - - - - - - - - - - - - - - - - - -	- - - - - -	-	-	-	-	-	-	-	-	-	-	-	-	-	-	- - -	-	-	- - - -	- - -	
12/08/25	00037	11/30/25	00074557 202511 310-51300-48000	*	1,001.18	
NOT OF LANDOWNER MTG	
11/30/25	00074557 202511 310-51300-48000	*	387.99	
NOT OF RULE DEVELOPMENT	
11/30/25	00074557 202511 310-51300-48000	*	641.86	

11/21/25

- - - - - -	

- - - - - -	

- - - - - -	

- - - - - -	

- - - - - -	

- - - - - -	

-	
-	
-	
-	
-	
-	
MNTHLY CLEANING-NOV25

NOT OF RULE MAKING MTG

GANNETT MEDIA CORP DBA GANNETT	2,031.03 000464

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
12/08/25 00048 11/04/25 68086895 202511 330-57200-48100	*	100.00
PEST CONTROL-NOV25
MASSEY SERVICES INC.	100.00 000465
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
STS	SCENIC TERRACE IARAUJO

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	2/19/26	PAGE	4
*** CHECK DATES 11/01/2025 - 12/31/2025 ***	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	#
12/08/25 00040 11/05/25 20933	202511 320-53800-47300	*	448.54
RPLCD SPRAYS/BUBBLER LINE
12/01/25 21281	202512 320-53800-46200	*	6,912.50
LANDSCAPE MAINT-DEC25
12/01/25 21281	202512 320-53800-46200	*	3,185.00
AMENITY LANDSCAPE-DEC25
PRINCE & SONS, INC.	10,546.04 000466
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
12/08/25 00045 12/01/25 29916	202512 330-57200-48500	*	2,500.00
POOL MAINTENANCE-DEC25
MCDONNELL CORPORATION DBA	2,500.00 000467
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
12/11/25 00003 10/31/25 149	202510 320-53800-48000	*	165.00
REINSTALL SIGNS
10/31/25 150	202510 320-53800-49000	*	220.00
REMOVE LOOSE PIPE BY PLGR
10/31/25 151	202510 320-53800-49000	*	165.00
TRASH PICKUP ON PHASE 3
10/31/25 152	202510 320-53800-49000	*	2,475.07
INSTALL SOLAR LIGHTS
GOVERNMENTAL MANAGEMENT SERVICES-CF	3,025.07 000468
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
12/11/25 00040 11/20/25 21116	202511 320-53800-47300	*	500.00
WELL SERVICE
PRINCE & SONS, INC.	500.00 000469
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
12/23/25 00003 12/01/25 153	202512 320-53800-34000	*	1,287.50
FIELD MANAGEMENT-DEC25
12/01/25 154	202512 310-51300-34000	*	3,647.92
MANAGMENT FEES-DEC25
12/01/25 154	202512 310-51300-35200	*	108.17
WEBSITE MANAGEMENT-DEC25
12/01/25 154	202512 310-51300-35100	*	166.92
INFORMATION TECH-DEC25
12/01/25 154	202512 310-51300-31300	*	540.75
DISSEMINATION SVCS-DEC25
12/01/25 154	202512 330-57200-48300	*	1,072.92
AMENITY ACCESS MGMT-DEC25
12/01/25 154	202512 310-51300-51000	*	3.37
OFFICE SUPPLIES
12/01/25 154	202512 310-51300-42000	*	30.37
POSTAGE
GOVERNMENTAL MANAGEMENT SERVICES-CF	6,857.92 000470
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
12/23/25 00002 12/17/25 13836	202511 310-51300-31500	*	628.00
ATTORNEY SVCS-NOV25
KILINSKI VAN WYK PLLC	628.00 000471
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
STS	SCENIC TERRACE IARAUJO

AP300R
*** CHECK DATES	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER
BANK A GENERAL FUND		RUN	2/19/26	PAGE	5	
CHECK	VEND# DATE	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS		AMOUNT	....CHECK.....
AMOUNT	#	
12/23/25 00040	11/01/25 20752	202511 320-53800-46200	*
11/01/25 20752	202511 320-53800-46200	*		6,912.50
3,185.00	
	AMENITY LANDSCAPE-NOV25
PRINCE & SONS, INC.		10,097.50 000472	
- - - - - - - - 12/23/25 00038

- - - - - - - - 12/23/25 00042

- - - - - - - - 12/23/25 00027

- - - - - - - -	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
12/23/25 12232025 202512 300-20700-10300	*
SCENIC TERRACE SOUTH CDD
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
12/23/25 12232025 202512 300-20700-10300	*
SCENIC TERRACE SOUTH CDD
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
11/25/25 7978817	202511 310-51300-32300	*
US BANK
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	-

-

-

-	- - - - - - - - - - - - - - -
130,870.04
130,870.04 000473
- - - - - - - - - - - - - - -
20,981.02
20,981.02 000474
- - - - - - - - - - - - - - -
4,256.13
4,256.13 000475
- - - - - - - - - - - - - - -	

11/01/2025 - 12/31/2025 ***	SCENIC TERRACE SOUTH-GENERAL

LANDSCAPE MAINT-NOV25

TXFER TAX RECEIPTS-S2022

TXFER TAX RECEIPTS-S2023

FY26 TRUST FEE SER 2023

TOTAL FOR BANK A	236,229.19
TOTAL FOR REGISTER	236,229.19

STS	SCENIC TERRACE IARAUJO

Section 2

Scenic Terrace South
Community Development District

Unaudited Financial Reporting
December 31, 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 December 31, 2025

	General		Capital Reserve		Debt Service		Capital Projects		Totals	
	Fund		Fund		Fund		Fund	Governmental Funds	
Assets:
Operating Account	

$	

1,751,991	

$	

151,958	

$	

-	

$	

-	

$	

1,903,949	
State Board of Administration	$	298,205	$	-	$	-	$	-	$	298,205	
Due from General Fund Investments:
Series 2022
Reserve	$

$	-

-	$

$	-

-	$

$	997,621

538,214	$

$	-

-	$

$	997,621

538,214	
Revenue	$	-	$	-	$	489,819	$	-	$	489,819	
Prepayment	$	-	$	-	$	656			$	656	
Construction	$	-	$	-	$	-	$	9,653	$	9,653	
Series 2023
Reserve	
$	
-	
$	
-	
$	
86,475	
$	
-	
$	
86,475	
Revenue	$	-	$	-	$	46,013	$	-	$	46,013	
Total Assets	$	2,050,196	$	151,958	$	2,158,798	$	9,654	$	4,370,605	
Liabilities:
Accounts Payable	

$	

14,718	

$	

-	

$	

-	

$	

-	

$	

14,718	
Due to Debt Service	$	997,621	$	-	$	-	$	-	$	997,621	
Deferred Revenue	$	-	$	-	$	72,500	$	-	$	72,500	
Total Liabilites	$	1,012,339	$	-	$	72,500	$	-	$	1,084,839	
Fund Balance: Restricted for: Debt Service	

$	

-	

$	

-	

$	

2,086,298	

$	

-	

$	

2,086,298	
Capital Projects	$	-	$	-	$	-	$	9,654	$	9,654	
Assigned for:
Capital Reserves	
$	
-	
$	
151,958	
$	
-	
$	
-	
$	
151,958	
Unassigned	$	1,037,857	$	-	$	-	$	-	$	1,037,857	
Total Fund Balances	$	1,037,857	$	151,958	$	2,086,298	$	9,654	$	3,285,766	
											
Total Liabilities & Fund Balance	$	2,050,196	$	151,958	$	2,158,798	$	9,654	$	4,370,605	

Revenues:

Assessments - Tax Roll	$	691,023	$	634,561	$	634,561	$	-	
Contribution from Scenic Terrace North	$	38,563	$	-	$	-	$	-	
Total Revenues	$	729,586	$	634,561	$	636,589	$	2,028	

Expenditures:									
General & Administrative:									
Supervisor Fees	$	12,000	$	3,000	$	1,200	$	1,800	
FICA Expense	$	918	$	230	$	92	$	138	
Engineering	$	15,000	$	3,750	$	1,415	$	2,335	
Attorney	$	25,000	$	6,250	$	3,127	$	3,123	
Annual Audit	$	3,600	$	-	$	-	$	-	
Assessment Administration	$	5,408	$	5,408	$	5,408	$	-	
Arbitrage	$	900	$	450	$	450	$	-	
Dissemination	$	6,489	$	1,622	$	1,622	$	-	
Disclosure Software	$	3,000	$	3,000	$	3,000	$	-	
Trustee Fees	$	8,869	$	4,256	$	4,256	$	-	
Management Fees	$	43,775	$	10,944	$	10,944	$	(0)	
Information Technology	$	2,003	$	501	$	501	$	0	
Website Maintenance	$	1,298	$	324	$	325	$	(0)	
Postage & Delivery	$	2,700	$	2,700	$	256	$	2,444	
Insurance	$	7,610	$	7,610	$	5,898	$	1,712	
Copies	$	1,000	$	250	$	-	$	250	
Legal Advertising	$	2,500	$	625	$	2,031	$	(1,406)	
Contingency	$	2,500	$	625	$	-	$	625	
Office Supplies	$	250	$	63	$	7	$	56	
Dues, Licenses & Subscriptions	$	175	$	175	$	175	$	-	
Total General & Administrative	$	144,994	$	51,782	$	40,705	$	11,077	

Operations & Maintenance		
Field Expenditures
Property Insurance	

$	10,837	

$	10,837	

$	11,747	

$	(910)	
Field Management	$	15,450	$	3,863	$	3,863	$	-	
Landscape Maintenance	$	144,253	$	36,063	$	30,293	$	5,771	
Landscape Replacement	$	17,500	$	4,375	$	-	$	4,375	
Streetlights	$	49,500	$	12,375	$	8,528	$	3,847	
Electric	$	17,696	$	4,424	$	417	$	4,007	
Water & Sewer	$	46,904	$	11,726	$	1,015	$	10,711	
Irrigation Repairs	$	10,000	$	2,500	$	2,548	$	(48)	
General Repairs & Maintenance	$	12,500	$	3,125	$	770	$	2,355	
Holiday Lighting	$	10,000	$	2,500	$	4,960	$	(2,460)	
Contingency	$	12,500	$	3,125	$	5,680	$	(2,555)	
Subtotal Field Expenditures	$	347,140	$	94,913	$	69,820	$	25,093	

Amenity Expenditures
Amenity - Electric	

$	18,203	

$	4,551	

$	4,805	

$	(254)	
Amenity - Water	$	14,607	$	3,652	$	1,969	$	1,682	
Playground Lease	$	37,584	$	9,396	$	9,395	$	1	
Internet	$	1,500	$	375	$	-	$	375	
Pest Control	$	1,300	$	325	$	300	$	25	
Janitorial Service	$	11,400	$	2,850	$	2,750	$	100	
Security Services	$	15,000	$	3,750	$	224	$	3,526	
Pool Maintenance	$	30,900	$	7,725	$	7,500	$	225	
Amenity Repairs & Maintenance	$	7,500	$	1,875	$	-	$	1,875	
Amenity Access Management	$	12,875	$	3,219	$	3,219	$	(0)	
Contingency	$	7,500	$	1,875	$	708	$	1,167	
Subtotal Amenity Expenditures	$	158,369	$	39,592	$	30,870	$	8,722	
					
Total Operations & Maintenance	$	505,508	$	134,505	$	100,689	$	33,816	
					
Total Expenditures	$	650,503	$	186,287	$	141,395	$	44,893	
					
Excess (Deficiency) of Revenues over Expenditures	$	79,083		$	495,194		

Other Financing Sources/(Uses):					

Capital Reserves	
$	
79,083	
$	
-	
$	
-	
$	
-	
Total Other Financing Sources/(Uses)	$	79,083	$	-	$	-	$	-	
						
Net Change in Fund Balance	$	-		$	495,194			
						
Fund Balance - Beginning	$	-		$	542,663			
						
Fund Balance - Ending	$	-		$	1,037,857			

Variance

Thru 12/31/25

Thru 12/31/25

Budget

Actual

Prorated Budget

Adopted

Revenues:

Interest Income	$	-	$	-	$	1,293	$	1,293	
Total Revenues	$	-	$	-	$	1,293	$	1,293	

Expenditures:

Capital Outlay	

$	1,000	

$	

-	$	-	

$	-	
Total Expenditures	$	1,000	$	-	$	-	$	-	
					
Excess (Deficiency) of Revenues over Expenditures	$	(1,000)		$	1,293		

Other Financing Sources/(Uses):

Transfer In/(Out)	

$	79,083	

$	-	

$	-	

$	-	
Total Other Financing Sources/(Uses)	$	79,083	$	-	$	-	$	-	
					
Net Change in Fund Balance	$	78,083		$	1,293		
					
Fund Balance - Beginning	$	150,000		$	150,665		
					
Fund Balance - Ending	$	228,083		$	151,958		

	Adopted	Prorated Budget		Actual		
		Budget	Thru 12/31/25	Thru 12/31/25		Variance	

Revenues:									
Assessments - Tax Roll	$	1,078,703	$	990,651	$	990,651	$	-	
Interest	$	20,000	$	5,000	$	9,987	$	4,987	
Total Revenues	$	1,098,703	$	995,651	$	1,000,638	$	4,987	

Expenditures:									
Series 2022
Interest - 11/1	

$	

381,366	

$	

381,366	

$	

381,366	

$	

-	
Principal - 5/1	$	315,000	$	-	$	-	$	-	
Interest - 5/1	$	381,366	$	-	$	-	$	-	
Total Expenditures	$	1,077,731	$	381,366	$	381,366	$	-	
									
Excess (Deficiency) of Revenues over Expenditures	$	20,972			$	619,273			
									
Fund Balance - Beginning	$	656,455			$	1,196,698			
									
Fund Balance - Ending	$	677,427			$	1,815,970			

		Adopted	Prorated Budget		Actual			
		Budget	Thru 12/31/25	Thru 12/31/25		Variance	

Revenues:									
Assessments - On Roll	$	172,953	$	158,821	$	158,821	$	-	
Interest	$	2,000	$	500	$	1,670	$	1,170	
Total Revenues	$	174,953	$	159,321	$	160,491	$	1,170	

Expenditures:									
Series 2023
Interest - 11/1	

$	

71,475	

$	

71,475	

$	

71,475	

$	

-	
Principal - 11/1	$	30,000	$	30,000	$	30,000	$	-	
Interest - 5/1	$	70,613	$	-	$	-	$	-	
Total Expenditures	$	172,088	$	101,475	$	101,475	$	-	
									
Excess (Deficiency) of Revenues over Expenditures	$	2,865			$	59,016			
									
Fund Balance - Beginning	$	124,236			$	211,312			
									
Fund Balance - Ending	$	127,101			$	270,328			

Adopted	Prorated Budget	Actual	
Budget	Thru 12/31/25	Thru 12/31/25	Variance	

Revenues		
Developer Contributions	$	-	$	-	$	459,630	$	459,630	
Interest	$	-	$	-	$	23	$	23	
Total Revenues	$	-	$	-	$	459,653	$	459,653	

Expenditures:					
Capital Outlay - Construction	$	-	$	-	$	461,253	$	(461,253)	
Total Expenditures	$	-	$	-	$	461,253	$	(461,253)	
					
Excess (Deficiency) of Revenues over Expenditures	$	-	$	(1,600)		
					
Fund Balance - Beginning	$	-	$	11,253		
					
Fund Balance - Ending	$	-	$	9,653		

Adopted	Prorated Budget	Actual	
Budget	Thru 12/31/25	Thru 12/31/25	Variance	

Revenues

Developer Contributions	

$	

-	$	

-	$	-	

$	-	
Total Revenues	$	-	$	-	$	0	$	0	

Expenditures:

Capital Outlay - Construction	

$	

-	$	

-	$	-	

$	-	
Total Expenditures	$	-	$	-	$	-	$	-	
					
Excess (Deficiency) of Revenues over Expenditures	$	-	$	0		
					
Fund Balance - Beginning	$	-	$	0		
					
Fund Balance - Ending	$	-	$	0		

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

Revenues:

Assessments - Tax Roll	$	-	$	18,978 $		615,583 $		- Contribution from Scenic Terrace North	$	-	$		-	$		-	$	-	$	-
$	-	$	-
$	-	$	-
$	-	$	-
$	-	$	-
$	-	$	-
$	-	$	-
$	-	$	-
$	-	$	634,561
$	-	
Total Revenues	$	-	$	19,991  $	616,597  $	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	636,589	

Expenditures:		
General & Administrative:		
Supervisor Fees	$	600	$	-	$	600	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	1,200	
FICA Expense	$	46	$	-	$	46	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	92	
Engineer Fees	$	725	$	-	$	690	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	1,415	
Attorney Fees	$	1,282	$	628	$	1,217	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	3,127	
Annual Audit	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-	
Assessment Adminstration	$	5,408	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	5,408	
Arbitrage	$	-	$	-	$	450	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	450	
Dissemination	$	541	$	541	$	541	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	1,622	
Disclosure Software	$	3,000	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	3,000	
Trustee Fees	$	-	$	4,256	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	4,256	
Management Fees	$	3,648	$	3,648	$	3,648	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	10,944	
Information Technology	$	167	$	167	$	167	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	501	
Website Maintenance	$	108	$	108	$	108	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	325	
Postage & Delivery	$	177	$	48	$	30	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	256	
Insurance	$	5,898	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	5,898	
Copies	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-	
Legal Advertising	$	-	$	2,031	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	2,031	
Contingency	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-	
Office Supplies	$	0	$	3	$	3	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	7	
Dues, Licenses & Subscriptions	$	175	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	175	
Total General & Administrative	$	21,775	$	11,430	$	7,500	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	40,705	

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

Operations & Maintenance

Field Expenditures Property Insurance Field Management Landscape Maintenance Landscape Replacement Lake Maintenance Streetlights
Electric
Water & Sewer
Sidewalk & Asphalt Maintenance Irrigation Repairs
General Repairs & Maintenance Holiday Décor
Contingency

$	11,747  $
$	1,288  $
$	10,098  $
$	-  $
$	-  $
$	2,840  $
$	184  $
$	371  $
$	-  $
$	-  $
$	165  $
$	4,960  $
$	2,860  $

-  $
1,288  $
10,098  $
-  $
-  $
2,840  $
117  $
-  $
-  $
2,548  $
605  $
-  $
1,125  $

-  $	-  $
1,288  $	-  $
10,098  $	-  $
-  $	-  $
-  $	-  $
2,848  $	-  $
117  $	-  $
644  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
1,695  $	-  $

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

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

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

-  $	11,747
-  $	3,863
-  $	30,293
-  $	-
-  $	-
-  $	8,528
-  $	417
-  $	1,015
-  $	-
-  $	2,548
-  $	770
-  $	4,960
-  $	5,680

Subtotal Field Expenditures	$	34,511  $	18,620  $	16,689  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	69,820

Amenity Expenditures Amenity - Electric Amenity - Water Playground Lease Internet
Pest Control Janitorial Service Security Services Pool Maintenance
Amenity Repairs & Maintenance Amenity Access Management Contingency

$	1,630  $
$	1,081  $
$	3,132  $
$	-  $
$	100  $
$	910  $
$	224  $
$	2,500  $
$	-  $
$	1,073  $
$	280  $

1,626  $
-  $
3,132  $
-  $
100  $
940  $
-  $
2,500  $
-  $
1,073  $
368  $

1,549  $	-  $
888  $	-  $
3,132  $	-  $
-  $	-  $
100  $	-  $
900  $	-  $
-  $	-  $
2,500  $	-  $
-  $	-  $
1,073  $	-  $
60  $	-  $

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

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

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

-  $	4,805
-  $	1,969
-  $	9,395
-  $	-
-  $	300
-  $	2,750
-  $	224
-  $	7,500
-  $	-
-  $	3,219
-  $	708

Other Financing Sources/Uses:

Capital Reserve Transfer

$

-  $

-  $

-  $

-  $

-  $

-  $

-  $

-  $

-  $

-  $

-  $

-  $

-

Net Change in Fund Balance	$	(67,216)  $	(19,796)  $	582,207  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	495,194

Total Other Financing Sources/Uses	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-

Excess (Deficiency) of Revenues over Expenditures	$	(67,216)  $	(19,796)  $	582,207  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	495,194

Total Expenditures	$	67,216  $	39,788  $	34,391  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	141,395

Total Operations & Maintenance	$	45,441  $	28,358  $	26,891  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	100,689

Subtotal Amenity Expenditures	$	10,930  $	9,738  $	10,202  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	30,870

Scenic Terrace South
COMMUNITY DEVELOPMENT DISTRICT
Special Assessment Receipts Fiscal Year 2026

ON ROLL ASSESSMENTS

Gross Assessments $ Net Assessments  $

743,037.06
691,024.47

$  1,160,000.16  $
$  1,078,800.15  $

185,970.51
172,952.57

$ 2,089,007.73
$ 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	

11/10/25	
10/20-10/21/25	
$213.49	
($12.81)	
($4.01)	
$0.00	
$0.00	
$196.67	
$69.95	
$109.21	
$17.51	
$196.67	
11/10/25	10/20-10/21/25	$377.65	($22.66)	($7.10)	$0.00	$0.00	$347.89	$123.74	$193.18	$30.97	$347.89	
11/14/25	10/01-10/31/25	$10,577.04	($423.12)	($203.08)	$0.00	$0.00	$9,950.84	$3,539.40	$5,525.58	$885.86	$9,950.84	
11/14/25	10/01-10/31/25	$18,709.68	($748.36)	($359.23)	$0.00	$0.00	$17,602.09	$6,260.87	$9,774.22	$1,567.00	$17,602.09	
11/21/25	11/01-11/07/25	$4,407.10	($176.30)	($84.62)	$0.00	$0.00	$4,146.18	$1,474.75	$2,302.32	$369.11	$4,146.18	
11/21/25	11/01-11/07/25	$7,795.70	($311.82)	($149.68)	$0.00	$0.00	$7,334.20	$2,608.69	$4,072.59	$652.92	$7,334.20	
11/26/25	11/08-11/15/25	$5,288.52	($211.56)	($101.54)	$0.00	$0.00	$4,975.42	$1,769.70	$2,762.79	$442.93	$4,975.42	
11/26/25	11/08-11/15/25	$9,354.84	($374.17)	($179.61)	$0.00	$0.00	$8,801.06	$3,130.44	$4,887.12	$783.50	$8,801.06	
12/01/25	Inv#4652329	$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)	
12/01/25	Inv#4652330	$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)	
12/08/25	11/16/25-11/25/25	$70,513.60	($2,820.80)	($1,353.86)	$0.00	$0.00	$66,338.94	$23,596.03	$36,837.19	$5,905.72	$66,338.94	
12/08/25	11/16/25-11/25/25	$145,488.95	($5,819.03)	($2,793.40)	$0.00	$0.00	$136,876.52	$48,685.47	$76,005.84	$12,185.21	$136,876.52	
12/19/25	11/26/25-11/30/25	$457,456.98	($18,299.98)	($8,783.14)	$0.00	$0.00	$430,373.86	$153,079.25	$238,981.28	$38,313.33	$430,373.86	
12/19/25	11/26/25-11/30/25	$818,774.16	($32,749.20)	($15,720.50)	$0.00	$0.00	$770,304.46	$273,988.82	$427,740.54	$68,575.10	$770,304.46	
12/31/25	12/01/25-12/15/25	$133,378.40	($5,288.98)	($2,561.79)	$0.00	$0.00	$125,527.63	$44,648.80	$69,703.94	$11,174.89	$125,527.63	
12/31/25	12/01/25-12/15/25	$236,035.35	($9,354.45)	($4,533.62)	$0.00	$0.00	$222,147.28	$79,015.34	$123,355.64	$19,776.30	$222,147.28	
	TOTAL	$	1,918,371.46	$	(76,613.24)	$	(36,835.18)	$	-	$	(20,890.08)	$ 1,784,032.96	$  634,560.88	$	990,651.44	$	158,820.64	$ 1,784,032.96	

92% Net Percent Collected
$	158,744.23 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:	5/1/2053
Reserve Fund Definition	Maximum Annual Debt Service Reserve Fund Requirement		$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:		11/1/2053
Reserve Fund Definition	Maximum Annual Debt Service Reserve Fund Requirement		$86,475
Reserve Fund Balance	$86,475

Bonds Outstanding - 10/20/23	$2,195,000
Less: Principal Payment - 11/01/24	($20,000)
Less: Principal Payment - 11/01/25	($30,000)	
Current Bonds Outstanding	$2,145,000