Boggy Creek Improvement District
3501 Quadrangle Boulevard, Suite 270, Orlando, FL 32817; Phone: 407-723-5900 www.boggycreekid.org

The following is the proposed agenda for the upcoming Meeting of the Board of Supervisors for the Boggy Creek Improvement District (“District”), scheduled to be held at 3:00 p.m. on Tuesday, February 17, 2026, at 6900 Tavistock Lakes Blvd., Ste 200, Orlando, FL 32827. A quorum will be confirmed prior to the start of the meeting.

District Staff, please use the following information to join via computer or the conference line:

Phone:1-844-621-3956	Computer: pfmcdd.webex.com	Participant Code: 2531 126 0013#

BOARD OF SUPERVISORS’ MEETING AGENDA

Organizational Matters
Roll Call to Confirm a Quorum
Public Comment Period
Consideration of the Minutes of the January 20, 2026, Board of Supervisors’ Meeting (provided under separate cover)
Discussion of Construction Committee Member Vacancy

Business Matters
Consideration of Proposals for Trail Repairs (provided under separate cover)
Consideration of Acquisition of Lift Station 9 (provided under separate cover)
Consideration of Acquisition of Lake Nona Boulevard Roundabouts (provided under separate cover)
Ratification of Operation and Maintenance Expenditures Paid in January 2026 in an amount totaling $156,793.50
Ratification of Requisition Nos. 506 – 508 Paid in January 2026 in an amount totaling
$3,371.62
Recommendation of Work Authorizations/Proposed Services (if applicable)
Review of District’s Financial Position and Budget to Actual YTD

Other Business
Staff Reports
District Counsel
District Manager
District Engineer
Landscape Supervisor
Irrigation Supervisor
Construction Supervisor
Supervisor Requests

Adjournment

Minutes of the January 20, 2026, Board of Supervisors’ Meeting (provided under separate cover)

Construction Committee Member Vacancy

Proposals for Trail Repairs
(provided under separate cover)

Acquisition of Lift Station 9
(provided under separate cover)

Acquisition of Lake Nona Boulevard Roundabouts
(provided under separate cover)

Operation and Maintenance Expenditures Paid in January 2026 in an amount totaling $156,793.50

BOGGY CREEK IMPROVEMENT DISTRICT
DISTRICT OFFICE ● 3501 QUADRANGLE BLVD STE 270 ● ORLANDO, FL 32817 PHONE: (407) 723-5900 ● FAX: (407) 723-5901

Operation and Maintenance Expenditures For Board Approval

Attached please find the check register listing Operations and Maintenance expenditures paid from January 1, 2026 through January 31, 2026. This does not include expenditures previously approved by the Board.

The total items being presented:    $156,793.50

Approval of Expenditures:

	 Chairman

	 Vice Chairman

	 Assistant Secretary

				Boggy Creek Improvement District AP Check Register (Current by Bank) Check Dates: 1/1/2026 to 1/31/2026		
Check No.	Date	Status*	Vendor ID	Payee Name	Amount	
						
BANK ID: OM-ACH - CIT& NATIONAL BANK - ACH ( )IRES		001-101-0000-00-01	

'0050	01/0(/26	M	B**P	Beep$ %nc&		$21$365&42	
'0051	01/20/26	M	-R+,-*	+, Bank as -rustee .or Boggy C		$3$836&11	
'0052	01/20/26	M	0+C	0rlan2o +tilities Co33ission		$11$886&55	
					BANK OM-ACH REGISTER TOTAL:	$37,088.08	

BANK ID: SUN - CIT& NATIONAL BANK	001-101-0000-00-01

(8	01/05/26	P	D05MC	Donal2 4& Mc%ntosh ssociates		$416&60	
((	01/05/26	P	6+- 6	6utak Rock		$3$(36&50	
00	01/0(/26	P	B*RC05	Ber3an Construction		$3$000&01	
01	01/0(/26	P	C*PRA	Cepra 7an2scape		$55$(35&08	
02	01/0(/26	P	PFMGC	PFM Group Consulting		$500&00	
03	01/26/26	P	C*PRA	Cepra 7an2scape		$51$615&58	
04	01/26/26	P	PFMGC	PFM Group Consulting		$53&48	
05	01/28/26	P	A4C	A:uatic 4ee2 Control$ %nc&		$835&00	
06	01/28/26	P	B*RC05	Ber3an Construction		$3$000&01	
0'	01/28/26	P	PFMGC	PFM Group Consulting		$3$541&6'	
08	01/28/26	P	R7*<*=	Richar2 7e;ey		$200&00	
0(	01/28/26	P	-C?AP6	-ha22eus C>apka		$200&00	
10	01/28/26	P	<G70BA	<Global-ech		$300&00	
					BANK SUN REGISTER TOTAL:	$123,533.93	

GRAND TOTAL	$160,622.01

* Check Status Types "P" - Printed ; "M" - Manual ; "V" - Void ( Void Date ); "A" - Application; "E" - EFT
** Denotes broken check sequence.

BANK:	SUN	CHECK:	4498	AMOUNT:	$416.60	DATE:	01/05/26	VEND ID:	DONMC			
Date	Invoice Number		Invoice Description					Discount Taken		Amount Paid	
12/19/25	48287			PA 713 - Eng. srvs. thru 11/28				$0.00		$416.60	
				TOTALS:					$0.00		$416.60	
BANK:	SUN	CHECK:	4499	AMOUNT:	$3,936.50	DATE:	01/05/26	VEND ID:	KUTAK			
Date	Invoice Number		Invoice Description					Discount Taken		Amount Paid	
12/17/25	3673745			PA 713 - Gen. legal thru 11/30				$0.00		$3,936.50	

BANK:	
OM-ACH	
CHECK:	
70050	TOTALS:
AMOUNT:	
$21,365.42	
DATE:	
01/09/26	
VEND ID:	$0.00
BEEP		$3,936.50	
Date	Invoice Number		Invoice Description					Discount Taken		Amount Paid	
11/30/25
11/30/25
11/30/25
11/30/25	913
913
913
913			FR 86 - 2 vans - managed servi FR 86 - 2 vans - software appl FR 86 - 2 vans - insurance & m FR 86 - 2 vans - AV operation				$0.00
$0.00
$0.00
$0.00		$10,200.04
$3,399.98
$3,399.98
$4,365.42	

BANK:	
SUN	
CHECK:	
4500	TOTALS:
AMOUNT:	
$3,000.01	
DATE:	
01/09/26	
VEND ID:	$0.00
BERCON		$21,365.42	
Date	Invoice Number		Invoice Description					Discount Taken		Amount Paid	
12/01/25
12/01/25	93181
93181			PA 711 - Dec. irrigation speci PA 711 - Dec. administrator ag				$0.00
$0.00		$1,666.67
$1,333.34	

BANK:	
SUN	
CHECK:	
4501	TOTALS:
AMOUNT:	
$55,935.08	
DATE:	
01/09/26	
VEND ID:	$0.00
CEPRA		$3,000.01	
Date	Invoice Number		Invoice Description					Discount Taken		Amount Paid	
10/30/25
10/30/25
12/01/25
12/01/25
11/30/25
11/30/25
11/30/25
11/30/25	O-S9028 O-S9029 O-S9219 O-S9224 O-S9277 O-S9280 O-S9282 O-S9283			PA 714 - Oct. interchange cont PA 714 - Oct. interchange cont PA 711 - Dec. interchange land PA 711 - Dec. landscaping
PA 714 - Nov. controller 13 ir PA 714 - Nov. controller 13 re PA 714 - Nov. valve box replac
PA 714 - Nov. controller 11 re				$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00		$1,039.00
$464.50
$24,010.08
$27,605.50
$772.00
$1,472.00
$120.00
$452.00	

BANK:	
SUN	
CHECK:	
4502	TOTALS:
AMOUNT:	
$500.00	
DATE:	
01/09/26	
VEND ID:	$0.00
PFMGC		$55,935.08	
Date	Invoice Number		Invoice Description					Discount Taken		Amount Paid	
12/15/25
12/15/25	139758
139758			PA 714 - Series 2013 - 2026.Q1 PA 714 - Series 2023 - 2026.Q1				$0.00
$0.00		$250.00
$250.00	
				TOTALS:					$0.00		$500.00	
BANK:	OM-ACH	CHECK:	70051	AMOUNT:	$3,836.11	DATE:	01/20/26	VEND ID:	TRUSTE			
Date	Invoice Number		Invoice Description					Discount Taken		Amount Paid	
01/16/26	2026.01.15		S2013 FY26 DS (203751008) Dist				$0.00		$3,836.11	

BANK:	
OM-ACH	
CHECK:	
70052	TOTALS:
AMOUNT:	
$11,886.55	
DATE:	
01/20/26	
VEND ID:	$0.00
OUC		$3,836.11	
Date	Invoice Number		Invoice Description				Discount Taken		Amount Paid	
01/02/26
01/02/26
01/02/26
01/02/26
01/02/26	83178-010226
83178-010226
83178-010226
83178-010226
83178-010226		PA 715 - OUC 2026.01.02 - IME PA 715 - OUC 2026.01.02 - Elec PA 715 - OUC 2026.01.02 - Wate PA 715 - OUC 2026.01.02 - Stre PA 715 - OUC 2026.01.02 - IME				$0.00
$0.00
$0.00
$0.00
$0.00		$212.11
$1,489.45
$2,268.19
$7,701.77
$215.03	
			TOTALS:				$0.00		$11,886.55	

BANK:	SUN	CHECK:	4503	AMOUNT:	$51,615.58	DATE:	01/26/26	VEND ID:	CEPRA			
Date	Invoice Number		Invoice Description					Discount Taken		Amount Paid	
01/01/26
01/01/26	O-S9391 O-S9396			PA 715 - Jan. interchange land PA 715 - Jan. landscaping				$0.00
$0.00		$24,010.08
$27,605.50	

BANK:	
SUN	
CHECK:	
4504	TOTALS:
AMOUNT:	
$53.48	
DATE:	
01/26/26	
VEND ID:	$0.00
PFMGC		$51,615.58	
Date	Invoice Number		Invoice Description					Discount Taken		Amount Paid	
12/05/25
12/05/25
01/06/26	139532
139532
OE-EXP-01-2026-05		PA 715 - Nov. mileage, tolls PA 715 - Oct. storage facility PA 715 - Dec. FedEx				$0.00
$0.00
$0.00		$6.80
$40.00
$6.68	
				TOTALS:					$0.00		$53.48	
BANK:	SUN	CHECK:	4505	AMOUNT:	$835.00	DATE:	01/28/26	VEND ID:	AWC			
Date	Invoice Number		Invoice Description					Discount Taken		Amount Paid	
01/15/26	117636			PA 717 - Jan. waterway service				$0.00		$835.00	
				TOTALS:					$0.00		$835.00	
BANK:	SUN	CHECK:	4506	AMOUNT:	$3,000.01	DATE:	01/28/26	VEND ID:	BERCON			
Date	Invoice Number		Invoice Description					Discount Taken		Amount Paid	
01/01/26
01/01/26	93856
93856			PA 716 - Jan. irrigation speci PA 716 - Jan. administrator ag				$0.00
$0.00		$1,666.67
$1,333.34	

BANK:	
SUN	
CHECK:	
4507	TOTALS:
AMOUNT:	
$3,541.67	
DATE:	
01/28/26	
VEND ID:	$0.00
PFMGC		$3,000.01	
Date	Invoice Number		Invoice Description					Discount Taken		Amount Paid	
01/05/26	DM-01-2026-06		PA 716 - DM fee: Jan. 2026				$0.00		$3,541.67	

BANK:	
SUN	
CHECK:	
4508	TOTALS:
AMOUNT:	
$200.00	
DATE:	
01/28/26	
VEND ID:	$0.00
RLEVEY		$3,541.67	
Date	Invoice Number		Invoice Description					Discount Taken		Amount Paid	
01/20/26	2026.01.20		PA 717 - Supervisor fee 2026.0				$0.00		$200.00	
				TOTALS:					$0.00		$200.00	
BANK:	SUN	CHECK:	4509	AMOUNT:	$200.00	DATE:	01/28/26	VEND ID:	TCZAPK			
Date	Invoice Number		Invoice Description					Discount Taken		Amount Paid	
01/20/26	2026.01.20		PA 717 - Supervisor fee 2026.0				$0.00		$200.00	
				TOTALS:					$0.00		$200.00	
BANK:	SUN	CHECK:	4510	AMOUNT:	$300.00	DATE:	01/28/26	VEND ID:	VGLOBA			
Date	Invoice Number		Invoice Description				Discount Taken		Amount Paid	
12/01/25	7967		PA 717 - Oct. - Dec. ADA audit				$0.00		$300.00	
			TOTALS:				$0.00		$300.00	

Boggy Creek Improvement District

Requisition Nos. 506 – 508 Paid in January 2026 in an amount totaling $3,371.62

BOGGY CREEK IMPROVEMENT DISTRICT
DISTRICT OFFICE ● 3501 QUADRANGLE BLVD STE 270 ● ORLANDO, FL 32817 PHONE: (407) 723-5900 ● FAX: (407) 723-5901

Requisition Recap For Board Approval

Attached please find the listing of requisitions approved to be paid from bond funds from January 1, 2026 through January 31, 2026. This does not include requisitions previously approved by the Board.

REQUISITION NO.	PAYEE	AMOUNT	
506	Holland & Knight	$622.45	
507	Orlando Sentinel	$238.25	
508	Donald W. McIntosh Associates	$2,510.92	
	TOTAL	$3,371.62	

EXHIBIT "A"
FORM OF REQUISITION

The undersigned, an Authorized Officer of Boggy Creek Improvement District (the "District") hereby submits the following requisition for disbursement under and pursuant to the terms of the Master Trust Indenture from the District to U. S. Bank National Association as trustee (the "Trustee"), dated as of December 1, 2010 (the "Master Indenture"), as amended and supplemented by the Second Supplemental Indenture from the District to the Trustee, dated as of April I, 2013 (the Master Indenture as amended and supplemented is hereinafter referred to as the "Indenture") (all capitalized terms used herein shall have the meaning ascribed to such term in the Indenture);

(A)	Requisition Number: 506

(8)	Name of Payee: Holland & Knight

Amount Payable: $622.45

Purpose for which paid or incurred (refer also to specific contract if amount is due and payable pursuant to a contract involving progress payments, or, state Costs of Issuance, if applicable):

Closing Fees Related to the LN West ROW Parcels to be Turned Over to the City of Orlando

Fund or Account and subaccount, if any, from which disbursement to be made: 2013 Acquisition and Construction Account of the Acquisition and Construction Fund.

The undersigned hereby certifies that obligations in the stated amount set forth above have been incurred by the District, that each disbursement set forth above is a proper charge against the Acquisition and Construction Account, that each disbursement set forth above was incurred in connection with the acquisition and construction of the Project and each represents a Cost of the Project, and has not previously been paid.

The undersigned hereby further certifies that there has not been filed with or served upon the District notice of any lien, right to lien, or attachment upon, or claim affecting the right to receive payment of, any of the moneys payable to the Payee set forth above, which has not been released or will not be released simultaneously with the payment hereof.

The undersigned hereby further certifies that such requisition contains no item representing payment on account of any retained percentage which the District is at the date of such certificate entitled to retain.

No event has occurred and is continuing which constitutes an Event of Default, as defined by the Master Indenture, or would constitute and Event of Default but for the requirement that notice be given or time elapse or both.

l

BCID Requisition 506: Holland & Knight	January 16, 2026	Page I of2

[RECEIVED
By Amanda Lane at 8:40 am, Jan 26, 2026
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SCIO Re!&i#i$i n 506: H lland & Knigh%	Jan'a" 16. 2026	Page2 f2

By Amanda Lane at 8:40 am, Jan 26, 2026

EXHIBIT "A"
FORM OF REQUISITION

The undersigned, an Authorized Officer of Boggy Creek Improvement District (the "District") hereby submits the following requisition for disbursement under and pursuant to the terms of the Master Trust Indenture from the District to U. S. Bank National Association as trustee (the "Trustee"), dated as of December I, 20 IO (the "Master Indenture"), as amended and supplemented by the Second Supplemental Indenture from the District to the Trustee, dated as of April I, 2013 (the Master Indenture as amended and supplemented is hereinafter referred to as the "Indenture") (all capitalized terms used herein shall have the meaning ascribed to such term in the Indenture);

RequisitionNumber: 507

Name of Payee: Orlando Sentinel

Amount Payable: $238.25

Purpose for which paid or incurred (refer also to specific contract if amount is due and payable pursuant to a contract involving progress payments, or, state Costs of Issuance, if applicable):

Invoice 130163081000 for Reference OSC130163081 (Ad #7894186) for Construction Legal Advertising of the December 11, 2025 Construction Committee Meeting (Split Five Ways, Will Be Reimbursed From GID, MCID, PE, MID)

Fund or Account and subaccount, if any, from which disbursement to be made: 2013 Acquisition and Construction Account of the Acquisition and Construction Fund.

The undersigned hereby certifies that obligations in the stated amount set forth above have been incurred by the District, that each disbursement set forth above is a proper charge against the Acquisition and Construction Account, that each disbursement set forth above was incurred in connection with the acquisition and construction of the Project and each represents a Cost of the Project, and has not previously been paid.

The undersigned hereby further certifies that there has not been filed with or served upon the District notice of any lien, right to lien, or attachment upon, or claim affecting the right to receive payment of, any of the moneys payable to the Payee set forth above, which has not been released or will not be released simultaneously with the payment hereof.

The undersigned hereby further certifies that such requisition contains no item representing payment on account of any retained percentage which the District is at the date of such certificate entitled to retain.

No event has occurred and is continuing which constitutes an Event of Default, as defined by the Master Indenture, or would constitute and Event of Default but for the requirement that notice be given or time elapse or both.

l

BCID Requisition 507: Orlando Sentinel	January 16, 2026	Page I of2

[RECEIVED
By Amanda Lane at 8:40 am, Jan 26, 2026
�·--

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BCIO Req#i i!ion 507: Orlando Sen"inel	Jan$ar% I6, 2026	Page 2 of2

By Amanda Lane at 8:40 am, Jan 26, 2026

EXHIBIT "A"
FORM OF REQUISITION

The undersigned, an Authorized Officer of Boggy Creek Improvement District (the "District") hereby submits the following requisition for disbursement under and pursuant to the terms of the Master Trust Indenture from the District to U. S. Bank National Association as trustee (the "Trustee"), dated as of December I, 20 IO (the "Master Indenture"), as amended and supplemented by the Second Supplemental Indenture from the District to the Trustee, dated as of April 1, 2013 (the Master Indenture as amended and supplemented is hereinafter referred to as the "Indenture") (all capitalized terms used herein shall have the meaning ascribed to such term in the Indenture);

Requisition Number: 508

Name of Payee: Donald W. McIntosh Associates

Amount Payable: $2,510.92

Purpose for which paid or incurred (refer also to specific contract if amount is due and payable pursuant to a contract involving progress payments, or, state Costs of Issuance, if applicable):

Invoice 48411 for Project 23218 (Lake Nona Boggy Creek) Through 12/3 l /2025
- $262.50
2. Invoice 48415 for Project 22542 (Lake Nona South Lift Station No. 9 and 6,000 LF of IO" Force Main) Through 12/31/2025 - $2,248.42

Fund or Account and subaccount, if any, from which disbursement to be made: 2013 Acquisition and Construction Account of the Acquisition and Construction Fund.
The undersigned hereby certifies that obligations in the stated amount set forth above have been incurred by the District, that each disbursement set forth above is a proper charge against the Acquisition and Construction Account, that each disbursement set forth above was incurred in connection with the acquisition and construction of the Project and each represents a Cost of the Project, and has not previously been paid.

The undersigned hereby further certifies that there has not been filed with or served upon the District notice of any lien, right to lien, or attachment upon, or claim affecting the right to receive payment of, any of the moneys payable to the Payee set forth above, which has not been released or will not be released simultaneously with the payment hereof.

The undersigned hereby further certifies that such requisition contains no item representing payment on account of any retained percentage which the District is at the date of such certificate entitled to retain.

No event has occurred and is continuing which constitutes an Event of Default, as defined by the Master Indenture, or would constitute and Event of Default but for the requirement that notice be given or time elapse or both.

l

BCID Requisition 508: Donald W. McIntosh Associates	January 23, 2026	Page I of2

[ RECEIVED
By Amanda Lane at 8:40 am, Jan 26, 2026

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BCID Re"(i$i&i!n 508: D!nald W. McIn&!$h %$!cia'e%	Ja (a#) 23, 2026	Page 2 !f2

By Amanda Lane at 8:40 am, Jan 26, 2026

Work Authorization/Proposed Services
(if applicable)

District’s Financial Position and Budget to Actual YTD

Boggy Creek Improvement District
January 2026 Financial Package

January 31, 2026

PFM Group Consulting LLC
3501 Quadrangle Boulevard
Suite 270
Orlando, FL 32817-8329
(407) 723-5900

Boggy Creek Improvement District
Statement of Financial Position As of 1/31/2026	

General	

Debt Service	

Capital Projects	
General Long-Term Debt		

Total	

Current Assets
General Checking Account State Board of Administration Infrastructure Capital Reserve
Interchange Maintenance Reserve Accounts Receivable - Due from Developer On-Roll Assessments Receivable
Off-Roll Assessments Receivable Due From Other Governmental Units Deposits
On-Roll Assessments Receivable Off-Roll Assessments Receivable Debt Service Reserve Series 2013 Debt Service Reserve Series 2023 Revenue Series 2013
Revenue Series 2023
Prepayment Series 2013
Prepayment Series 2023 General Checking Account
Due From Other Governmental Units Acquisition/Construction Series 2013
Acquisition/Construction Series 2023
Total Current Assets	

$

$	

631,601.64
1,543.52
144,016.17
16,851.09
21,042.50
299,163.72
310,424.08
17,098.23
5,000.00

1,446,740.95	
Assets

$	729,505.47
2,168,094.74
3,936,453.12
582,509.38
2,146,780.49
663,075.26
4,568.75
3,806.38
$	13,373.96
344.03
179,510.69
3,195.98

$ 10,234,793.59	$	196,424.66	

$	-	

$

$	

631,601.64
1,543.52
144,016.17
16,851.09
21,042.50
299,163.72
310,424.08
17,098.23
5,000.00
729,505.47
2,168,094.74
3,936,453.12
582,509.38
2,146,780.49
663,075.26
4,568.75
3,806.38
13,373.96
344.03
179,510.69
3,195.98
11,877,959.20	

Page 1 of 10

Boggy Creek Improvement District
Statement of Financial Position As of 1/31/2026	

Investments
Amount Available in Debt Service Funds Amount To Be Provided
Total Investments	

$	

General

-		

Debt Service

$	-		

Capital Projects

$	-		
General Long-Term Debt

$	7,337,193.38
49,272,806.62

$ 56,610,000.00		

$

$	

Total

7,337,193.38
49,272,806.62
56,610,000.00	
Total Assets	$	1,446,740.95		$ 10,234,793.59	$	196,424.66		$ 56,610,000.00		$	68,487,959.20	

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

Long Term Liabilities
Revenue Bonds Payable - Long-Term Total Long Term Liabilities	

$

$

$	

Liabilities and Net Assets

21,267.50
21,042.50
299,163.72
310,424.08
$	729,505.47
2,168,094.74
$	47.65
651,897.80	$	2,897,600.21	$	47.65

	
-	$	-	$	-		

$	-

$ 56,610,000.00

$ 56,610,000.00		

$

$

$
$	

21,267.50
21,042.50
299,163.72
310,424.08
729,505.47
2,168,094.74
47.65
3,549,545.66

56,610,000.00
56,610,000.00	
Total Liabilities	$	651,897.80		$	2,897,600.21	$	47.65		$ 56,610,000.00		$	60,159,545.66	

Page 2 of 10

Boggy Creek Improvement District
Statement of Financial Position As of 1/31/2026	

Net Assets
Net Assets, Unrestricted
Net Assets - General Government
Current Year Net Assets - General Government
Net Assets, Unrestricted
Current Year Net Assets, Unrestricted
Net Assets - General Government Net Assets, Unrestricted
Net Assets, Unrestricted
Current Year Net Assets, Unrestricted
Net Assets - General Government
Total Net Assets

Total Liabilities and Net Assets	

$

$

$	

General

70,670.30
694,846.65
29,326.20

794,843.15

1,446,740.95	

Debt Service	Capital Projects

$  (1,465,642.46)
728,801.81
8,074,034.03
$  (22,384,631.35)
(4,153,414.29)
37,446.49
26,696,976.16

$	7,337,193.38	$	196,377.01

	
$ 10,234,793.59	$	196,424.66	
General Long-Term Debt

$	-

$ 56,610,000.00	

$

$

$	

Total

70,670.30
694,846.65
29,326.20
(1,465,642.46)
728,801.81
8,074,034.03
(22,384,631.35)
(4,153,414.29)
37,446.49
26,696,976.16
8,328,413.54

68,487,959.20	

Page 3 of 10

Boggy Creek Improvement District
Statement of Activities As of 1/31/2026	
	
General	
Debt Service	Capital Projects	General Long-Term Debt		
Total	
Revenues							
On-Roll Assessments	$	443.57				$	443.57	
Off-Roll Assessments	310,424.07					310,424.07	
Developer Contributions	42,898.75					42,898.75	
Other Income & Other Financing Sources	0.01					0.01	
On-Roll Assessments		$	3,836.11				3,836.11	
Off-Roll Assessments		2,168,094.74				2,168,094.74	
Inter-Fund Group Transfers In		(50,551.30)				(50,551.30)	
Inter-Fund Transfers In			$	50,551.30			50,551.30	
Total Revenues	

$  353,766.40	

$ 2,121,379.55	

$	50,551.30	

$	-	$	2,525,697.25	
Expenses						
Supervisor Fees	$	600.00			$	600.00	
Public Officials' Liability Insurance	4,569.00				4,569.00	
Trustee Services	6,446.30				6,446.30	
Management	14,166.68				14,166.68	
Engineering	2,457.85				2,457.85	
Disclosure	500.00				500.00	
District Counsel	3,936.50				3,936.50	
Assessment Administration	15,000.00				15,000.00	
Arbitrage Calculation	1,000.00				1,000.00	
Travel and Per Diem	40.80				40.80	
Postage & Shipping	20.91				20.91	
Legal Advertising	495.18				495.18	
Bank Fees	7.60				7.60	
Miscellaneous	80.00				80.00	
Web Site Maintenance	1,040.00				1,040.00	
Holiday Decorations	500.00				500.00	
Dues, Licenses, and Fees	175.00				175.00	
Electric	4,015.61				4,015.61	
Water Reclaimed	6,127.95				6,127.95	
General Insurance	5,183.00				5,183.00	
Property & Casualty	6,455.00				6,455.00	
Other Insurance	500.00				500.00	

Page 4 of 10

Boggy Creek Improvement District

Statement of Activities As of 1/31/2026

General	Debt Service

Capital	General Long-
Projects	Term Debt

Total

Irrigation Parts	$	7,937.50						$	7,937.50	
Landscaping Maintenance & Material	110,264.04						110,264.04	
IME - Aquatics Maintenance	1,085.52						1,085.52	
IME - Irrigation	488.64						488.64	
IME - Landscaping	31,213.12						31,213.12	
IME - Lighting	194.06						194.06	
IME - Miscellaneous	99.13						99.13	
IME - Water Reclaimed	306.12						306.12	
Pest Control	1,510.00						1,510.00	
Entry and Wall Maintenance	8,700.00						8,700.00	
Shuttle Financing - Maintenance	10,199.94						10,199.94	
Shuttle Financing - BEEP Operating Costs	53,741.31						53,741.31	
Streetlights	22,987.33						22,987.33	
Personnel Leasing Agreement	12,000.04						12,000.04	
Interest Payments (Series 2013)			$ 1,015,775.00				1,015,775.00	
Interest Payments (Series 2023)			437,278.13				437,278.13	
Engineering					$	14,103.62		14,103.62	
Legal Advertising					153.44		153.44	
Contingency					622.45		622.45	
Total Expenses	$  334,044.13		$ 1,453,053.13		$	14,879.51		$	-	$ 1,801,976.77	

Other Revenues (Expenses) & Gains (Losses)

Interest Income	$	9,603.93						$	9,603.93	
Dividend Income			$	60,475.39				60,475.39	
Interest Income					$	148.02		148.02	
Dividend Income					1,626.68		1,626.68	
Total Other Revenues (Expenses) & Gains (Losses)	$	9,603.93		$	60,475.39		$	1,774.70		$	-	$	71,854.02	
Change In Net Assets	$	29,326.20		$	728,801.81		$	37,446.49		$	-	$	795,574.50	
Net Assets At Beginning Of Year	$  765,516.95		$ 6,608,391.57		$ 158,930.52		$	-	$ 7,532,839.04	

Net Assets At End Of Year	
$  794,843.15		
$ 7,337,193.38		
$ 196,377.01			

$	-	$ 8,328,413.54	

Page 5 of 10

YTD Actual	YTD Budget	YTD Variance

FY 2026	Percentage Adopted Budget		Spent

Revenues													
Assessments Developer Contributions Carryforward Revenue
Other Income & Other Financing Sources	$	310,867.64
42,898.75
43,512.50
0.01		$	306,818.48
241,773.23
43,512.50
-		$	4,049.16
(198,874.48)
- 0.01		$  920,455.44
725,319.70
130,537.49
-		33.77%
5.91%
33.33%	
Net Revenues	$	397,278.90		$	592,104.21		$	(194,825.31)		$ 1,776,312.63		22.37%	
General & Administrative Expenses Legislative
Supervisor Fees
Financial & Administrative	

$	

600.00		

$	

4,000.00		

$	

(3,400.00)		

$	12,000.00		

5.00%	
Public Officials' Liability Insurance Trustee Services
Management Engineering Disclosure District Counsel
Assessment Administration Reamortization Schedules Audit
Arbitrage Calculation Tax Preparation Travel and Per Diem Telephone
Postage & Shipping Copies
Legal Advertising Bank Fees Miscellaneous Meeting Room Office Supplies Property Taxes
Web Site Maintenance Holiday Decorations
Dues, Licenses, and Fees		4,569.00
6,446.30
14,166.68
2,457.85
500.00
3,936.50
15,000.00
-
- 1,000.00
- 40.80
- 20.91
- 495.18
7.60
80.00
-
-
- 1,040.00
500.00
175.00			1,652.17
3,044.67
14,166.67
3,833.33
666.67
11,666.67
5,000.00
83.33
1,333.33
400.00
10.00
100.00
8.33
166.67
83.33
2,000.00
120.00
393.33
83.33
33.33
50.00
1,140.00
200.00
58.33			2,916.83
3,401.63
0.01
(1,375.48)
(166.67)
(7,730.17)
10,000.00
(83.33)
(1,333.33)
600.00
(10.00)
(59.20)
(8.33)
(145.76)
(83.33)
(1,504.82)
(112.40)
(313.33)
(83.33)
(33.33)
(50.00)
(100.00)
300.00
116.67		4,956.50
9,134.00
42,500.00
11,500.00
2,000.00
35,000.00
15,000.00
250.00
4,000.00
1,200.00
30.00
300.00
25.00
500.00
250.00
6,000.00
360.00
1,180.00
250.00
100.00
150.00
3,420.00
600.00
175.00		92.18%
70.57%
33.33%
21.37%
25.00%
11.25%
100.00%
0.00%
0.00%
83.33%
0.00%
13.60%
0.00%
4.18%
0.00%
8.25%
2.11%
6.78%
0.00%
0.00%
0.00%
30.41%
83.33%
100.00%	
Total General & Administrative Expenses	$	51,035.82		$	50,293.49		$	742.33		$  150,880.50		33.83%	

Page 6 of 10

	YTD Actual		YTD Budget		YTD Variance		FY 2026
Adopted Budget		Percentage Spent	

Field Operations Expenses										
Electric Utility Services										
Electric	$	4,015.61		$	3,166.67		$	848.94		$	9,500.00		42.27%	
Entry Lighting	-		166.67		(166.67)		500.00		0.00%	
Water-Sewer Combination Services										
Water Reclaimed	6,127.95		10,666.67		(4,538.72)		32,000.00		19.15%	
Other Physical Environment										
General Insurance	5,183.00		1,874.50		3,308.50		5,623.50		92.17%	
Property & Casualty	6,455.00		2,435.70		4,019.30		7,307.10		88.34%	
Other Insurance	500.00		500.00		-		1,500.00		33.33%	
Irrigation Repairs	7,937.50		21,666.67		(13,729.17)		65,000.00		12.21%	
Landscaping Maintenance & Material	110,264.04		121,573.33		(11,309.29)		364,720.00		30.23%	
Landscape Improvements	-		21,666.67		(21,666.67)		65,000.00		0.00%	
Tree Trimming	-		5,233.33		(5,233.33)		15,700.00		0.00%	
Contingency	-		3,333.33		(3,333.33)		10,000.00		0.00%	
Trail Maintenance	-		6,666.67		(6,666.67)		20,000.00		0.00%	
Pest Control	1,510.00		1,166.67		343.33		3,500.00		43.14%	
Shuttle Financing										
Maintenance	10,199.94		72,000.00		(61,800.06)		216,000.00		4.72%	
Vehicle Cost (Loan Payment)	-		48,773.23		(48,773.23)		146,319.70		0.00%	
BEEP Operating Costs	53,741.31		119,333.33		(65,592.02)		358,000.00		15.01%	
Interchange Maintenance Expenses										
IME - Aquatics Maintenance	1,085.52		1,148.33		(62.81)		3,445.00		31.51%	
IME - Irrigation Repair	488.64		1,083.33		(594.69)		3,250.00		15.04%	
IME - Landscaping	31,213.12		31,754.78		(541.66)		95,264.33		32.76%	
IME - Lighting	194.06		433.33		(239.27)		1,300.00		14.93%	
IME - Miscellaneous	99.13		2,166.67		(2,067.54)		6,500.00		1.53%	
IME - Water Reclaimed	306.12		541.67		(235.55)		1,625.00		18.84%	
IME - Landscape Improvements	-		4,333.33		(4,333.33)		13,000.00		0.00%	
Road & Street Facilities										
Entry and Wall Maintenance	8,700.00		8,666.67		33.33		26,000.00		33.46%	
Streetlights	22,987.33		32,450.28		(9,462.95)		97,350.83		23.61%	
Parks & Recreation										
Personnel Leasing Agreement - Administrator	5,333.36		5,333.33		0.03		16,000.00		33.33%	
Personnel Leasing Agreement - Irrigation Specialist	6,666.68		6,666.67		0.01		20,000.00		33.33%	
Reserves										
Infrastructure Capital Reserve	-		6,722.22		(6,722.22)		20,166.67		0.00%	
Interchange Maintenance Reserve	-		786.67		(786.67)		2,360.00		0.00%	
Total Field Operations Expenses	$	283,008.31		$  542,310.72		$  (259,302.41)		$ 1,626,932.13		17.40%	

Total Expenses	
$	334,044.13		
$  592,604.21		
$  (258,560.08)		
$ 1,777,812.63		
18.79%	

Income (Loss) from Operations	
$	63,234.77		
$	(500.00)		
$	63,734.77		
$	(1,500.00)			
Other Income (Expense)										
Interest Income	$	9,603.93		$	500.00		$	9,103.93		$	1,500.00		640.26%	
Total Other Income (Expense)	$	9,603.93		$	500.00		$	9,103.93		$	1,500.00		640.26%	
Net Income (Loss)	$	72,838.70		$	-		$	72,838.70		$	-			

Page 7 of 10

Boggy Creek Improvement District
Budget to Actual
For the Month Ending 1/31/2026

YTD Actual

$	310,867.64
42,898.75
43,512.50
0.01	
$	397,278.90

$	600.00

4,569.00
6,446.30
14,166.68
2,457.85
500.00
3,936.50
15,000.00
-
- 1,000.00
- 40.80
- 20.91
- 495.18
7.60
80.00
-
-
- 1,040.00
500.00
175.00	
$	51,035.82

$	4,015.61
- 6,127.95
5,183.00
6,455.00
500.00
7,937.50
110,264.04
-	

	Oct-25			Nov-25		Dec-25		Jan-26	

$	
-		
$	
310,424.07		
$	-		
$	443.57	
	-			21,533.33		-		21,365.42	
	10,878.12			10,878.13		10,878.12		10,878.13	
	0.01			-		-		-	
$	10,878.13		$	342,835.53		$	10,878.12		$	32,687.12	

$	
200.00		
$	
-		
$	-		
$	400.00	
	4,569.00			-		-		-	
	6,446.30			-		-		-	
	3,541.67			3,541.67		3,541.67		3,541.67	
	-			2,041.25		416.60		-	
	-			-		500.00		-	
	-			-		3,936.50		-	
	-			-		15,000.00		-	
	-			-		-		-	
	-			-		-		-	
	-			-		1,000.00		-	
	-			34.00		-		6.80	
	-			-		-		-	
	-			4.42		9.81		6.68	
	-			-		-		-	
	-			275.68		219.50		-	
	-			-		-		7.60	
	-			-		-		80.00	
	-			-		-		-	
	-			-		-		-	
	-			-		-		-	
	185.00			185.00		185.00		485.00	
	-			-		500.00		-	
	175.00			-		-		-	
$	15,116.97		$	6,082.02		$	25,309.08		$	4,527.75	

$	

-		

$	

1,396.94		

$	1,129.22		

$	1,489.45	
	-			-		-		-	
	-			1,984.86		1,874.90		2,268.19	
	5,183.00			-		-		-	
	6,455.00			-		-		-	
	500.00			-		-		-	
	-			-		7,937.50		-	
	27,566.01			27,566.01		27,566.01		27,566.01	
	-			-		-		-	

Revenues
Assessments Developer Contributions Carryforward Revenue
Other Income & Other Financing Sources
Net Revenues
General & Administrative Expenses Legislative
Supervisor Fees
Financial & Administrative
Public Officials' Liability Insurance Trustee Services
Management Engineering Dissemination Agent District Counsel
Assessment Administration Reamortization Schedules Audit
Arbitrage Calculation Tax Preparation Travel and Per Diem Telephone
Postage & Shipping Copies
Legal Advertising Bank Fees Miscellaneous Meeting Room Office Supplies Property Taxes
Web Site Maintenance Holiday Decorations Dues, Licenses, and Fees
Total General & Administrative Expenses

Field Operations
Electric Utility Services
Electric
Entry Lighting
Water-Sewer Combination Services
Water Reclaimed
Other Physical Environment
General Insurance
Property & Casualty Insurance Other Insurance
Irrigation Repairs
Landscaping Maintenance & Material Landscape Improvements
Page 8 of 10

Boggy Creek Improvement District
Budget to Actual
For the Month Ending 1/31/2026	

Tree Trimming Contingency
Trail Maintenance Pest Control
Shuttle Financing Maintenance Vehicle Cost
BEEP Operating Costs
Interchange Maintenance Expenses
IME - Aquatics Maintenance IME - Irrigation
IME - Landscaping IME - Lighting
IME - Miscellaneous IME - Water Reclaimed
IME - Landscape Improvements
Road & Street Facilities
Entry and Wall Maintenance Streetlights
Parks & Recreation
Personnel Leasing Agreement - Administration Personnel Leasing Agreement - Irrigation Specialist
Reserves
Infrastructure Capital Reserve Interchange Maintenance Reserve
Total Field Operations Expenses

Total Expenses

Income (Loss) from Operations

Other Income (Expense)
Interest Income
Total Other Income (Expense)

Net Income (Loss)	
Oct-25

-
- 1,510.00
-
-
-

271.38
- 7,803.28
- 99.13
-
-

-
-

1,333.34
1,666.67

-
-
$	52,387.81

 $	67,504.78 

$ (56,626.65)

$	2,541.90
$	2,541.90

$ (54,084.75)	
Nov-25

-
-
- 3,399.98
- 18,133.35

271.38
- 7,803.28
61.32
- 93.46
-

- 7,645.33

1,333.34
1,666.67

-
-
$	71,355.92

 $	77,437.94 

$  265,397.59

$	2,056.21
$	2,056.21

$  267,453.80	
Dec-25

-
-
- 3,399.98
- 17,965.44

271.38
488.64
7,803.28
62.86
- 143.72
-

8,700.00
7,640.23

1,333.34
1,666.67

-
-
$	87,983.17

 $ 113,292.25 

$ (102,414.13)

$	2,781.45
$	2,781.45

$ (99,632.68)	

$

 $	

$

$
$

$	
Jan-26

-
-
- 3,399.98
- 17,642.52

271.38
- 7,803.28
69.88
- 68.94
-

- 7,701.77

1,333.34
1,666.67

-
-
71,281.41

75,809.16 

(43,122.04)

2,224.37
2,224.37

(40,897.67)	

 
YTD Actual

-
-
- 1,510.00

10,199.94
- 53,741.31

1,085.52
488.64
31,213.12
194.06
99.13
306.12
-

8,700.00
22,987.33

5,333.36
6,666.68

-
-	
$	283,008.31

$	334,044.13	

$	63,234.77

$	9,603.93	
$	9,603.93	
$	72,838.70	

Page 9 of 10

Boggy Creek Improvement District Cash Flow

FY 2025 Inflows	FY 2025 Outflows	FY 2026 Inflows	FY 2026 Outflows	End. Cash	

42,475.35	
(119,816.22)	
-	
(16,707.00)	
648,318.99		
40,905.70	(37,286.14)	-	-	651,938.55		
182.90	(73,453.42)	347,679.98	(95,223.96)	831,124.05		
39.54	-	22,469.94	(107,105.06)	746,528.47		
-	-	45,702.78	(160,629.61)	631,601.64		
-	-	155,212.03	-	786,813.67	as of 02/04/2026	

Beg. Cash

9/1/2025	742,366.86	
10/1/2025	648,318.99	
11/1/2025	651,938.55	
12/1/2025	831,124.05	
1/1/2026	746,528.47	
2/1/2026	631,601.64	

Totals		83,603.49	(230,555.78)	571,064.73	(379,665.63)

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