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, August 19, 2025, 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 July 19, 2025, Board of Supervisors’ Meeting
(provided under separate cover)
Consideration of Resolution 2025-07, Approving an Annual Meeting Schedule for Fiscal Year 2026

Business Matters
Discussion Regarding Award of Landscape and Irrigation Maintenance Services – Lake Nona Boulevard South and Roadways
Public Hearing on the Adoption of the District’s Annual Budget
Public Comments and Testimony
Board Comments
Consideration of Resolution 2025-08, Adopting the Fiscal Year 2026 Budget and Appropriating Funds
Consideration of Resolution 2025-09, Adopting an Assessment Roll for Fiscal Year 2026 Budget and Certifying Special Assessments for Collection (Exhibit B provided under separate cover)
Consideration of Resolution 2025-10, Adopting Goals, Objectives, and Performance Measures and Standards
Ratification of Operation and Maintenance Expenditures Paid in July 2025 in an amount totaling $256,284.92
Ratification of Requisition Nos. 486 – 490 Paid in July 2025 in an amount totaling
$16,120.68
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 July 19, 2025, Board of Supervisors’ Meeting (provided under separate cover)

Resolution 2025-07,
Approving an Annual Meeting Schedule for Fiscal Year 2026

RESOLUTION 2025-07

A RESOLUTION OF THE BOGGY CREEK IMPROVEMENT DISTRICT DESIGNATING DATES, TIMES AND LOCATIONS FOR REGULAR MEETINGS OF THE BOARD OF SUPERVISORS OF THE DISTRICT AND PROVIDING FOR AN EFFECTIVE DATE.
WHEREAS, the Boggy Creek Improvement District (“District”) is a local unit of special-purpose government created and existing pursuant to Chapter 190, Florida Statutes, being situated in City of Orlando, Florida; and

WHEREAS, the Board of Supervisors of the District (“Board”) is statutorily authorized to exercise the powers granted to the District; and
WHEREAS, all meetings of the Board shall be open to the public and governed by the provisions of Chapter 286, Florida Statutes; and
WHEREAS, the Board is statutorily required to file annually, with the local governing authority and the Florida Department of Economic Opportunity, a schedule of its regular meetings.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE BOGGY CREEK IMPROVEMENT DISTRICT:

Regular meetings of the District’s Board shall be held as provided on the schedule attached hereto as Exhibit A.
In accordance with Section 189.015(1), Florida Statutes, the District’s Secretary is hereby directed to file annually with Orange County a schedule of the District’s regular meetings.
This Resolution shall take effect immediately upon adoption.

Adopted this 19th day of August, 2025.

ATTEST:	Boggy Creek Improvement District

Secretary/Assistant Secretary	Chairman/ Vice Chairman

EXHIBIT A

Boggy Creek Improvement District Fiscal Year 2025-2026

The Board of Supervisors of the Boggy Creek Improvement District will hold its meetings for the Fiscal Year 2026 in the office of Tavistock Development Company, 6900 Tavistock Lakes Blvd #200, Orlando, FL at 3:00 p.m. on the third Tuesday of each month unless otherwise noted below:

October 21, 2025
November 18, 2025
December 16, 2025
January 20, 2026
February 17, 2026
March 10, 2026
April 21, 2026
May 19, 2026
June 16, 2026
July 21, 2026
August 18, 2026
September 15, 2026

Construction Committee of the Boggy Creek, Greeneway, Midtown & Myrtle Creek Improvement Districts and the Poitras East Community Development District
Fiscal Year 2025-2026
The Construction Committee of the Boggy Creek, Greeneway, Midtown and Myrtle Creek Improvement Districts and the Poitras East Community Development District will be meeting for the Fiscal Year 2026 in the office of Tavistock Development Company, 6900 Tavistock Lakes Blvd #200, Orlando, FL 32827 at 3:30 p.m. each month as follows:

October 9, 2025
November 13, 2025
December 11, 2025
January 8, 2026
February 12, 2026
March 12, 2026
April 9, 2026
May 14, 2026
June 11, 2026
July 9, 2026
August 13, 2026
September 10, 2026

Discussion Regarding Award of Landscape and Irrigation Maintenance Services – Lake Nona Boulevard South and Roadways

Public Hearing on the Adoption of the District’s Annual Budget

Resolution 2025-08,
Adopting the Fiscal Year 2026 Budget and Appropriating Funds

RESOLUTION 2025-08

THE ANNUAL APPROPRIATION RESOLUTION OF THE BOGGY CREEK IMPROVEMENT DISTRICT (“DISTRICT”) RELATING TO THE ANNUAL APPROPRIATIONS AND ADOPTING THE BUDGET(S) FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2025, AND ENDING SEPTEMBER 30, 2026; AUTHORIZING BUDGET AMENDMENTS; AND PROVIDING AN EFFECTIVE DATE.
WHEREAS, for the fiscal year beginning October 1, 2025, and ending September 30, 2026 (“FY 2026”), the District Manager prepared and submitted to the Board of Supervisors (“Board”) of the Boggy Creek Improvement District (“District”) prior to June 15, 2025, proposed budget(s) (“Proposed Budget”) along with an explanatory and complete financial plan for each fund of the District, pursuant to the provisions of Section 190.008(2)(a), Florida Statutes; and
WHEREAS, at least sixty (60) days prior to the adoption of the Proposed Budget, the District filed a copy of the Proposed Budget with the local general-purpose government(s) having jurisdiction over the area included in the District pursuant to the provisions of Section 190.008(2)(b), Florida Statutes; and

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

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

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

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE BOGGY CREEK IMPROVEMENT DISTRICT:

SECTION 1.   BUDGET

a.	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.	
b.	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 Boggy Creek Improvement District for the Fiscal Year Ending September 30, 2026.”	
c.	The Adopted Budget shall be posted by the District Manager on the District’s official website in accordance with Section 189.016, Florida Statutes and shall remain on the website for at least two (2) years.	

SECTION 2.	APPROPRIATIONS

There is hereby appropriated out of the revenues of the District, for FY 2026, the sum(s) set forth in Exhibit A to be raised by the levy of assessments and/or otherwise, which sum is deemed by the Board to be necessary to defray all expenditures of the District during said budget year, to be divided and appropriated as set forth in Exhibit A.
SECTION 3.	BUDGET AMENDMENTS

Pursuant to Section 189.016, Florida Statutes, the District at any time within FY 2026 or within 60 days following the end of the FY 2026 may amend its Adopted Budget for that fiscal year as follows:

a.	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.	
b.	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.	
c.	Any other budget amendments shall be adopted by resolution and consistent with Florida law. The District Manager or Treasurer must ensure that any amendments to the budget
under this paragraph c. are posted on the District’s website in accordance with Section	
189.016, Florida Statutes, 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 19th DAY OF AUGUST 2025.
ATTEST:	BOGGY CREEK IMPROVEMENT DISTRICT

Secretary / Assistant Secretary	Chair/Vice Chair, Board of Supervisors
Exhibit A:	FY 2026 Budget

EXHIBIT A

Boggy Creek Improvement District
July 2025 Budget Package

July 31, 2025

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

	Actual Through		Anticipated		Anticipated FY		FY 2025 Adopted		FY 2026 Proposed	
	7/31/2025		8/2025 - 9/2025		2025 Total		Budget		Budget	

Revenues										
Assessments	$	903,766.29		$	16,689.15		$	920,455.44		$	920,455.44		$	920,455.44	
Developer Contributions	334,211.29		38,411.66		372,622.95		725,319.70		725,319.70	
Carryforward Revenue	80,873.93		16,174.78		97,048.71		97,048.71		130,537.49	
Net Revenues	$ 1,318,851.51		$	71,275.59		$  1,390,127.10		$  1,742,823.85		$	1,776,312.63	
General & Administrative Expenses										
Legislative										
Supervisor Fees	$	3,000.00		$	800.00		$	3,800.00		$	4,800.00		$	12,000.00	
Financial & Administrative										
Public Officials' Liability Insurance	4,310.00		-		4,310.00		4,632.20		4,956.50	
Trustee Services	7,878.02		-		7,878.02		8,500.00		9,134.00	
Management	35,416.70		7,083.30		42,500.00		42,500.00		42,500.00	
Engineering	12,938.62		4,312.86		17,251.48		21,000.00		11,500.00	
Disclosure	1,500.00		500.00		2,000.00		2,000.00		2,000.00	
Property Appraiser	-		500.00		500.00		500.00		-	
District Counsel	10,824.01		5,412.00		16,236.01		35,000.00		35,000.00	
Assessment Administration	15,000.00		-		15,000.00		15,000.00		15,000.00	
Reamortization Schedules	-		250.00		250.00		250.00		250.00	
Audit	4,000.00		-		4,000.00		4,000.00		4,000.00	
Arbitrage Calculation	500.00		700.00		1,200.00		1,200.00		1,200.00	
Tax Preparation	-		-		-		-		30.00	
Travel and Per Diem	76.24		15.24		91.48		300.00		300.00	
Telephone	-		-		-		25.00		25.00	
Postage & Shipping	118.84		23.76		142.60		500.00		500.00	
Copies	-		250.00		250.00		250.00		250.00	
Legal Advertising	4,212.71		842.54		5,055.25		5,000.00		6,000.00	
Bank Fees	-		360.00		360.00		360.00		360.00	
Miscellaneous	200.19		979.81		1,180.00		1,180.00		1,180.00	
Meeting Room	-		250.00		250.00		250.00		250.00	
Office Supplies	-		100.00		100.00		100.00		100.00	
Property Taxes	-		150.00		150.00		150.00		150.00	
Web Site Maintenance	2,600.00		640.00		3,240.00		3,240.00		3,420.00	
Holiday Decorations	500.00		-		500.00		600.00		600.00	
Dues, Licenses, and Fees	175.00		-		175.00		175.00		175.00	
Total General & Administrative Expenses	$	103,250.33		$	23,169.51		$	126,419.84		$	151,512.20		$	150,880.50	

	Actual Through		Anticipated		Anticipated FY		FY 2025 Adopted		FY 2026 Proposed	
	7/31/2025		8/2025 - 9/2025		2025 Total		Budget		Budget	

Field Operations Expenses										
Electric Utility Services										
Electric	$	11,602.00		$	2,320.40		$	13,922.40		$	7,000.00		$	9,500.00	
Entry Lighting	-		500.00		500.00		500.00		500.00	
Water-Sewer Combination Services										
Water Reclaimed	19,486.09		3,897.22		23,383.31		32,000.00		32,000.00	
Other Physical Environment										
General Insurance	4,890.00		-		4,890.00		5,255.50		5,623.50	
Property & Casualty	6,354.00		-		6,354.00		7,098.95		7,307.10	
Other Insurance	-		-		-		100.00		1,500.00	
Irrigation Repairs	36,693.00		7,338.60		44,031.60		60,000.00		65,000.00	
Landscaping Maintenance & Material	257,276.10		51,455.22		308,731.32		364,720.00		364,720.00	
Landscape Improvements	5,024.00		1,004.80		6,028.80		65,000.00		65,000.00	
Tree Trimming	-		10,000.00		10,000.00		20,000.00		15,700.00	
Contingency	37,988.50		7,597.70		45,586.20		5,300.00		10,000.00	
Trail Maintenance	-		-		-		-		20,000.00	
Pest Control	3,020.00		-		3,020.00		3,020.00		3,500.00	
Shuttle Financing										
Insurance	-		833.34		833.34		5,000.00		-	
Maintenance	30,599.82		6,119.96		36,719.78		216,000.00		216,000.00	
Vehicle Cost (Loan Payment)	146,319.70		-		146,319.70		146,319.70		146,319.70	
BEEP Operating Costs	157,291.77		31,458.36		188,750.13		358,000.00		358,000.00	
Interchange Maintenance Expenses										
IME - Aquatics Maintenance	2,713.80		542.76		3,256.56		3,445.00		3,445.00	
IME - Irrigation Repair	2,651.21		530.24		3,181.45		3,250.00		3,250.00	
IME - Landscaping	78,032.80		15,606.56		93,639.36		97,500.00		95,264.33	
IME - Lighting	393.78		78.76		472.54		1,300.00		1,300.00	
IME - Miscellaneous	198.26		39.66		237.92		6,500.00		6,500.00	
IME - Water Reclaimed	582.19		116.44		698.63		1,625.00		1,625.00	
IME - Landscape Improvements	4,274.89		854.98		5,129.87		13,000.00		13,000.00	
Road & Street Facilities										
Entry and Wall Maintenance	20,755.00		4,151.00		24,906.00		15,000.00		26,000.00	
Streetlights	68,642.44		13,728.48		82,370.92		97,350.83		97,350.83	
Parks & Recreation										
Personnel Leasing Agreement - Administrator	13,333.40		2,666.60		16,000.00		16,000.00		16,000.00	
Personnel Leasing Agreement - Irrigation Specialist	16,666.70		3,333.30		20,000.00		20,000.00		20,000.00	
Reserves										
Infrastructure Capital Reserve	-		20,166.67		20,166.67		20,166.67		20,166.67	
Interchange Maintenance Reserve	-		2,360.00		2,360.00		2,360.00		2,360.00	
Total Field Operations Expenses	$	924,789.45		$	186,701.05		$  1,111,490.50		$  1,592,811.65		$	1,626,932.13	

Total Expenses	
$ 1,028,039.78		
$	209,870.56		
$  1,237,910.34		
$  1,744,323.85		
$	1,777,812.63	

Income (Loss) from Operations	
$	290,811.73		
$  (138,594.97)		
$	152,216.76		
$	(1,500.00)		
$	(1,500.00)	
Other Income (Expense)										
Interest Income	$	2,349.99		$	470.00		$	2,819.99		$	1,500.00		$	1,500.00	
Total Other Income (Expense)	$	2,349.99		$	470.00		$	2,819.99		$	1,500.00		$	1,500.00	
Net Income (Loss)	$	293,161.72		$  (138,124.97)		$	155,036.75		$	-		$	-	

Boggy Creek Improvement District FY 2026 Proposed Debt Service Budgets

		FY 2026
Proposed Budget	
REVENUES:			
Special Assessments Series 2013	$	4,447,706.26	
Special Assessments Series 2023		1,600,196.89	
TOTAL REVENUES	$	6,047,903.15	

EXPENDITURES:			
Series 2013 - Interest 11/01/2025	$	1,029,484.38	
Series 2013 - Principal 05/01/2026		1,395,000.00	
Series 2013 - Interest 05/01/2026		1,029,484.38	
Series 2023 - Interest 11/01/2025		437,278.13	
Series 2023 - Principal 05/01/2026		295,000.00	
Series 2023 - Interest 05/01/2026		437,278.13	
TOTAL EXPENDITURES	$	4,623,525.02	

EXCESS REVENUES	

$	

1,424,378.13	

Series 2013 - Interest 11/01/2026	

$	

993,737.50	
Series 2023 - Interest 11/01/2026		430,640.63	

Revenues

Assessments

The District can levy a Non-Ad Valorem assessment on all the assessable property within the District in order to pay for the operating expenditures during the Fiscal Year. It is typically collected via the Tax Collector (referred to as On Roll), but it can also be collected via a direct bill (referred to as Off Roll) from the District.

Developer Contribution
Funding from the Developer.

Carryforward Revenue

Unused income from a prior year which is available as cash for the current year.

General & Administrative Expenses

Legislative

Supervisor Fees

Chapter 190 of the Florida Statutes allows for a member of the Board of Supervisors to be compensated for meeting attendance and to receive up to $200.00 per meeting plus payroll taxes. The amount for the Fiscal Year is based upon all supervisors attending the meetings.
Financial & Administrative

Public Officials’ Liability Insurance

Supervisors’ and Officers’ liability insurance.

Trustee Services

The Trustee submits invoices annually for services rendered on bond series. These fees are for maintaining the district trust accounts.

Management

The District receives Management and Administrative services as part of a Management Agreement with PFM Group Consulting, LLC. These services are further outlined in Exhibit “A” of the Management Agreement.

Engineering

The District’s engineer provides general engineering services to the District. Among these services are attendance at and preparation for monthly board meetings, review of invoices, and all other engineering services as requested by the district throughout the year.

Disclosure

When bonds are issued for the District, the Bond Indenture requires continuing disclosure, which the District Manager provides to the trustee and bond holders.

District Counsel

The District’s legal counsel provides general legal services to the District. Among these services are attendance at and preparation for monthly board meetings, review of operating and maintenance contracts, and all other legal services as requested by the District throughout the year.

Assessment Administration

The District can levy a Non-Ad Valorem assessment on all the assessable property within the District in order to pay for the operating expenditures during the Fiscal Year. It is typically collected via the Tax Collector. The District Manager submits an Assessment Roll to the Tax Collector annually by the deadline set by the Tax Collector or Property Appraiser.

Reamortization Schedules

When debt is paid on a bond series, a new amortization schedule must be recalculated. This can occur up to four times per year per bond issue.

Audit

Chapter 218 of the Florida Statutes requires a District to conduct an annual financial audit by an Independent Certified Public Accounting firm. Some exceptions apply.

Arbitrage Calculation

To ensure the District's compliance with all tax regulations, annual computations are necessary to calculate an arbitrage rebate liability.

Tax Preparation

Annual fee to file Forms 1099 and 1096 with the Internal Revenue Service.

Travel and Per Diem

Travel to and from meetings as related to the District.

Telephone

Telephone and fax machine services.

Postage & Shipping

Mail, overnight deliveries, correspondence, etc.

Copies

Printing and binding Board agenda packages, letterhead, envelopes, and copies.

Legal Advertising

The District will incur expenditures related to legal advertising. The items for which the District will advertise include, but are not limited to, monthly meetings, special meetings, and public hearings for the District.

Bank Fees

Bank fees associated with the services the District uses with the bank (e.g. remote deposit capture, positive pay, wire transfers, ACH payments, monthly maintenance, etc.).

Miscellaneous

Other general & administrative expenses incurred throughout the year.
Meeting Room
Fee associated with renting a meeting room for monthly Board meetings.

Office Supplies

General office supplies associated with the District.

Property Taxes
Ad Valorem taxes on District property that is not tax-exempt.

Web Site Maintenance

Web site maintenance fee.

Holiday Decorations
District decorations for the holidays.

Dues, Licenses & Fees

The District is required to pay an annual fee to the Department of Economic Opportunity.

Field Operations Expenses

Electric Utility Services

Electric

The District pays for electric meters used on District-owned roads.

Entry Lighting
Lighting charges for District entryways.

Water-Sewer Combination Services

Water Reclaimed Water used for irrigation Other Physical Environment
General Insurance

General liability insurance.

Property & Casualty

Insurance to protect property and cover casualty.

Other Insurance

Insurance to protect the District not otherwise covered under D&O, General, or Property & Casualty.

Irrigation Repairs
Inspection and repair of irrigation system.

Landscaping Maintenance & Material

Contracted landscaping within the boundaries of the District.

Landscape Improvements
Improvements in landscape above and beyond what is already contracted for property owned by District.

Tree Trimming

Trimming of trees on District property.

Contingency
Other Field Operations expenses incurred throughout the year.

Trail Maintenance

All costs associated with keeping trails safe, usable, and accessible, including labor, equipment, and contracted services.

Pest Control

All costs addressing pest problems, including initial treatments, ongoing maintenance, and potential repairs.

Shuttle Financing

Insurance

Developer-funded cost of insurance for BEEP transportation.

Maintenance

Developer-funded cost of maintenance for BEEP transportation.

Vehicle Cost (Loan Payment)

Developer-funded cost of the loan for the vehicles required for BEEP transportation.
BEEP Operating Costs

Developer-funded cost of operations for BEEP transportation.

Interchange Maintenance Expenses
IME – Aquatics Maintenance
Pond maintenance as it relates to the Interchange. The District is responsible for only a portion of the cost. Greeneway Improvement District, Myrtle Creek Improvement District, and Midtown Improvement District each chip in for the remainder.

IME – Irrigation Repair
Irrigation repairs as they relate to the Interchange. The District is responsible for only a portion of the cost. Greeneway Improvement District, Myrtle Creek Improvement District, and Midtown Improvement District each chip in for the remainder.

IME – Landscaping

Landscaping services as they relate to the Interchange. The District is responsible for only a portion of the cost. Greeneway Improvement District, Myrtle Creek Improvement District, and Midtown Improvement District each chip in for the remainder.

IME – Lighting

Lighting services as they relate to the Interchange. The District is responsible for only a portion of the cost. Greeneway Improvement District, Myrtle Creek Improvement District, and Midtown Improvement District each chip in for the remainder.

IME – Miscellaneous
Other interchange expenses as they relate to the Interchange. The District is responsible for only a portion of the cost. Greeneway Improvement District, Myrtle Creek Improvement District, and Midtown Improvement District each chip in for the remainder.

IME – Water Reclaimed
Water reclaimed services as they relate to the Interchange. The District is responsible for only a portion of the cost. Greeneway Improvement District, Myrtle Creek Improvement District, and Midtown Improvement District each chip in for the remainder.

IME – Landscape Improvements
Landscape improvement services as they relate to the Interchange. The District is responsible for only a portion of the cost. Greeneway Improvement District, Myrtle Creek Improvement District, and Midtown Improvement District each chip in for the remainder.

Road & Street Facilities

Entry and Wall Maintenance
Maintenance of entrance(s) and walls within the District.

Streetlights
Streetlighting expenses within the District.

Parks & Recreation
Personnel Leasing Agreement – Administrator
The lease of outside personnel for administrative duties per signed agreement.

Personnel Leasing Agreement – Irrigation Specialist

The lease of outside personnel for irrigation duties per signed agreement.

Reserves

Infrastructure Capital Reserve
Funds reserved for infrastructure capital repairs/maintenance/replacement. These funds are kept in a separate bank account.

Interchange Maintenance Reserve

Funds reserved for interchange maintenance/repairs. These funds are kept in a separate bank account.

Other Income (Expense)

Interest Income

Income from interest earnings.

Boggy Creek Improvement District

Resolution 2025-09,
Adopting an Assessment Roll for Fiscal Year 2026 Budget and Certifying Special Assessments for Collection
(Exhibit B provided under separate cover)

RESOLUTION 2025-09

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE BOGGY CREEK IMPROVEMENT DISTRICT PROVIDING FOR FUNDING FOR THE FY 2026 ADOPTED BUDGET(S); PROVIDING FOR THE COLLECTION AND ENFORCEMENT OF SPECIAL ASSESSMENTS, INCLUDING BUT NOT LIMITED TO PENALTIES AND INTEREST THEREON; CERTIFYING AN ASSESSMENT ROLL; PROVIDING FOR AMENDMENTS TO THE ASSESSMENT ROLL; PROVIDING A SEVERABILITY CLAUSE; AND PROVIDING AN EFFECTIVE DATE.
WHEREAS, the Boggy Creek Improvement District (“District”) is a local unit of special-purpose government established pursuant to Chapter 190, Florida Statutes, for the purpose of providing, operating and maintaining infrastructure improvements, facilities and services to the lands within the District, located in Orange County, Florida (“County”); and
WHEREAS, the District has constructed or acquired various infrastructure improvements and provides certain services in accordance with the District’s adopted capital improvement plan and Chapter 190, Florida Statutes; and

WHEREAS, for the fiscal year beginning October 1, 2025, and ending September 30, 2026 (“FY 2026”), the Board of Supervisors (“Board”) of the District has determined to undertake various operations and maintenance and other activities described in the District’s budget (“Adopted Budget”), attached hereto as Exhibit A; and

WHEREAS, pursuant to Chapter 190, Florida Statutes, the District may fund the Adopted Budget through the levy and imposition of special assessments on benefitted lands within the District and, regardless of the imposition method utilized by the District, under Florida law the District may collect such assessments by direct bill, tax roll, or in accordance with other collection measures provided by law; and
WHEREAS, in order to fund the District’s Adopted Budget, the District’s Board now desires to adopt this Resolution setting forth the means by which the District intends to fund its Adopted Budget.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE BOGGY CREEK IMPROVEMENT DISTRICT:
FUNDING. The District’s Board hereby authorizes the funding mechanisms for the Adopted Budget as provided further herein and as indicated in the Adopted Budget attached hereto as Exhibit A and the assessment roll attached hereto as Exhibit B (“Assessment Roll”).

OPERATIONS AND MAINTENANCE ASSESSMENTS.

Benefit Findings. The provision of the services, facilities, and operations as described in Exhibit A confers a special and peculiar benefit to the lands within the District, which benefit exceeds or equals the cost of the assessments. The allocation of the assessments to the specially benefitted lands is shown in Exhibit A and Exhibit B and is hereby found to be fair and reasonable.
O&M Assessment Imposition. Pursuant to Chapter 190, Florida Statutes, a special assessment for operations and maintenance (“O&M Assessment(s)”) is

hereby levied and imposed on benefitted lands within the District and in accordance with Exhibit A and Exhibit B. The lien of the O&M Assessments imposed and levied by this Resolution shall be effective upon passage of this Resolution.
Maximum Rate. Pursuant to Section 197.3632(4), Florida Statutes, the lien amount shall serve as the “maximum rate” authorized by law for operation and maintenance assessments.

DEBT SERVICE SPECIAL ASSESSMENTS. The District’s Board hereby certifies for collection the FY 2026 installment of the District’s previously levied debt service special assessments (“Debt Assessments,” and together with the O&M Assessments, the “Assessments”) in accordance with this Resolution and as further set forth in Exhibit A and Exhibit B, and hereby directs District staff to affect the collection of the same.
COLLECTION AND ENFORCEMENT; PENALTIES; INTEREST.  Pursuant to Chapter 190,
Florida Statutes, the District is authorized to collect and enforce the Assessments as set forth below.

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

Direct Bill Assessments. To the extent indicated in Exhibit A and Exhibit B, those certain O&M Assessments (if any) and/or Debt Assessments (if any) imposed on “Direct Collect Property” identified in Exhibit B shall be collected directly by the District in accordance with Florida law, as set forth in Exhibit A and Exhibit B. The District’s Board finds and determines that such collection method is an efficient method of collection for the Direct Collect Property.
Due Date (O&M Assessments). O&M Assessments directly collected by the District shall be due and payable in full on December 1, 2025; provided, however, that, to the extent permitted by law, the O&M Assessments due may be paid in several partial, deferred payments and according to the following schedule: 50% due no later than December 1, 2025, 25% due no later than February 1, 2026 and 25% due no later than
May 1, 2026.
Due Date (Debt Assessments). Debt Assessments directly collected by the District shall be due and payable in full on December 1, 2025; provided, however, that, to the extent permitted by law, the Debt Assessments due

may be paid in several partial, deferred payments and according to the following schedule: 50% due no later than December 1, 2025, 25% due
no later than February 1, 2026 and 25% due no later than May 1, 2026.
In the event that an Assessment payment is not made in accordance with the schedule(s) stated above, the whole of such Assessment, including any remaining partial, deferred payments for the Fiscal Year: shall immediately become due and payable; shall accrue interest, penalties in the amount of one percent (1%) per month, and all costs of collection and enforcement; and shall either be enforced pursuant to a foreclosure action, or, at the District’s sole discretion, collected pursuant to the Uniform Method on a future tax bill, which amount may include penalties, interest, and costs of collection and enforcement. Any prejudgment interest on delinquent Assessments shall accrue at the rate of any bonds secured by the Assessments, or at the statutory prejudgment interest rate, as applicable. In the event an Assessment subject to direct collection by the District shall be delinquent, the District Manager and District Counsel, without further authorization by the Board, may initiate foreclosure proceedings pursuant to Chapter 170, Florida Statutes, or other applicable law to collect and enforce the whole Assessment, as set forth herein.

Future Collection Methods. The District’s decision to collect Assessments by any particular method – e.g., on the tax roll or by direct bill – does not mean that such method will be used to collect special assessments in future years, and the District reserves the right in its sole discretion to select collection methods in any given year, regardless of past practices.
ASSESSMENT ROLL; AMENDMENTS. The Assessment Roll, attached hereto as Exhibit B, is hereby certified for collection. The Assessment Roll shall be collected pursuant to the collection methods provided above. The proceeds therefrom shall be paid to the District. The District Manager shall keep apprised of all updates made to the County property roll by the Property Appraiser after the date of this Resolution and shall amend the Assessment Roll in accordance with any such updates, for such time as authorized by Florida law, to the County property roll.
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 take effect upon the passage and adoption of this Resolution by the Board.

[CONTINUED ON NEXT PAGE]

PASSED AND ADOPTED this 19th day of August 2025.

ATTEST:	BOGGY CREEK IMPROVEMENT DISTRICT

Secretary / Assistant Secretary

By:	 Its:	

Exhibit A:	Budget
Exhibit B:	Assessment Roll

EXHIBIT A

	Actual Through		Anticipated		Anticipated FY		FY 2025 Adopted		FY 2026 Proposed	
	7/31/2025		8/2025 - 9/2025		2025 Total		Budget		Budget	

Revenues										
Assessments	$	903,766.29		$	16,689.15		$	920,455.44		$	920,455.44		$	920,455.44	
Developer Contributions	334,211.29		38,411.66		372,622.95		725,319.70		725,319.70	
Carryforward Revenue	80,873.93		16,174.78		97,048.71		97,048.71		130,537.49	
Net Revenues	$ 1,318,851.51		$	71,275.59		$  1,390,127.10		$  1,742,823.85		$	1,776,312.63	
General & Administrative Expenses										
Legislative										
Supervisor Fees	$	3,000.00		$	800.00		$	3,800.00		$	4,800.00		$	12,000.00	
Financial & Administrative										
Public Officials' Liability Insurance	4,310.00		-		4,310.00		4,632.20		4,956.50	
Trustee Services	7,878.02		-		7,878.02		8,500.00		9,134.00	
Management	35,416.70		7,083.30		42,500.00		42,500.00		42,500.00	
Engineering	12,938.62		4,312.86		17,251.48		21,000.00		11,500.00	
Disclosure	1,500.00		500.00		2,000.00		2,000.00		2,000.00	
Property Appraiser	-		500.00		500.00		500.00		-	
District Counsel	10,824.01		5,412.00		16,236.01		35,000.00		35,000.00	
Assessment Administration	15,000.00		-		15,000.00		15,000.00		15,000.00	
Reamortization Schedules	-		250.00		250.00		250.00		250.00	
Audit	4,000.00		-		4,000.00		4,000.00		4,000.00	
Arbitrage Calculation	500.00		700.00		1,200.00		1,200.00		1,200.00	
Tax Preparation	-		-		-		-		30.00	
Travel and Per Diem	76.24		15.24		91.48		300.00		300.00	
Telephone	-		-		-		25.00		25.00	
Postage & Shipping	118.84		23.76		142.60		500.00		500.00	
Copies	-		250.00		250.00		250.00		250.00	
Legal Advertising	4,212.71		842.54		5,055.25		5,000.00		6,000.00	
Bank Fees	-		360.00		360.00		360.00		360.00	
Miscellaneous	200.19		979.81		1,180.00		1,180.00		1,180.00	
Meeting Room	-		250.00		250.00		250.00		250.00	
Office Supplies	-		100.00		100.00		100.00		100.00	
Property Taxes	-		150.00		150.00		150.00		150.00	
Web Site Maintenance	2,600.00		640.00		3,240.00		3,240.00		3,420.00	
Holiday Decorations	500.00		-		500.00		600.00		600.00	
Dues, Licenses, and Fees	175.00		-		175.00		175.00		175.00	
Total General & Administrative Expenses	$	103,250.33		$	23,169.51		$	126,419.84		$	151,512.20		$	150,880.50	

	Actual Through		Anticipated		Anticipated FY		FY 2025 Adopted		FY 2026 Proposed	
	7/31/2025		8/2025 - 9/2025		2025 Total		Budget		Budget	

Field Operations Expenses										
Electric Utility Services										
Electric	$	11,602.00		$	2,320.40		$	13,922.40		$	7,000.00		$	9,500.00	
Entry Lighting	-		500.00		500.00		500.00		500.00	
Water-Sewer Combination Services										
Water Reclaimed	19,486.09		3,897.22		23,383.31		32,000.00		32,000.00	
Other Physical Environment										
General Insurance	4,890.00		-		4,890.00		5,255.50		5,623.50	
Property & Casualty	6,354.00		-		6,354.00		7,098.95		7,307.10	
Other Insurance	-		-		-		100.00		1,500.00	
Irrigation Repairs	36,693.00		7,338.60		44,031.60		60,000.00		65,000.00	
Landscaping Maintenance & Material	257,276.10		51,455.22		308,731.32		364,720.00		364,720.00	
Landscape Improvements	5,024.00		1,004.80		6,028.80		65,000.00		65,000.00	
Tree Trimming	-		10,000.00		10,000.00		20,000.00		15,700.00	
Contingency	37,988.50		7,597.70		45,586.20		5,300.00		10,000.00	
Trail Maintenance	-		-		-		-		20,000.00	
Pest Control	3,020.00		-		3,020.00		3,020.00		3,500.00	
Shuttle Financing										
Insurance	-		833.34		833.34		5,000.00		-	
Maintenance	30,599.82		6,119.96		36,719.78		216,000.00		216,000.00	
Vehicle Cost (Loan Payment)	146,319.70		-		146,319.70		146,319.70		146,319.70	
BEEP Operating Costs	157,291.77		31,458.36		188,750.13		358,000.00		358,000.00	
Interchange Maintenance Expenses										
IME - Aquatics Maintenance	2,713.80		542.76		3,256.56		3,445.00		3,445.00	
IME - Irrigation Repair	2,651.21		530.24		3,181.45		3,250.00		3,250.00	
IME - Landscaping	78,032.80		15,606.56		93,639.36		97,500.00		95,264.33	
IME - Lighting	393.78		78.76		472.54		1,300.00		1,300.00	
IME - Miscellaneous	198.26		39.66		237.92		6,500.00		6,500.00	
IME - Water Reclaimed	582.19		116.44		698.63		1,625.00		1,625.00	
IME - Landscape Improvements	4,274.89		854.98		5,129.87		13,000.00		13,000.00	
Road & Street Facilities										
Entry and Wall Maintenance	20,755.00		4,151.00		24,906.00		15,000.00		26,000.00	
Streetlights	68,642.44		13,728.48		82,370.92		97,350.83		97,350.83	
Parks & Recreation										
Personnel Leasing Agreement - Administrator	13,333.40		2,666.60		16,000.00		16,000.00		16,000.00	
Personnel Leasing Agreement - Irrigation Specialist	16,666.70		3,333.30		20,000.00		20,000.00		20,000.00	
Reserves										
Infrastructure Capital Reserve	-		20,166.67		20,166.67		20,166.67		20,166.67	
Interchange Maintenance Reserve	-		2,360.00		2,360.00		2,360.00		2,360.00	
Total Field Operations Expenses	$	924,789.45		$	186,701.05		$  1,111,490.50		$  1,592,811.65		$	1,626,932.13	

Total Expenses	
$ 1,028,039.78		
$	209,870.56		
$  1,237,910.34		
$  1,744,323.85		
$	1,777,812.63	

Income (Loss) from Operations	
$	290,811.73		
$  (138,594.97)		
$	152,216.76		
$	(1,500.00)		
$	(1,500.00)	
Other Income (Expense)										
Interest Income	$	2,349.99		$	470.00		$	2,819.99		$	1,500.00		$	1,500.00	
Total Other Income (Expense)	$	2,349.99		$	470.00		$	2,819.99		$	1,500.00		$	1,500.00	
Net Income (Loss)	$	293,161.72		$  (138,124.97)		$	155,036.75		$	-		$	-	

EXHIBIT B

Boggy Creek Improvement District

Resolution 2025-10,
Adopting Goals, Objectives, and Performance Measures and Standards

RESOLUTION 2025-10

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE BOGGY CREEK IMPROVEMENT DISTRICT ADOPTING GOALS, OBJECTIVES, AND PERFORMANCE MEASURES AND STANDARDS; PROVIDING A SEVERABILITY CLAUSE; AND PROVIDING AN EFFECTIVE DATE.
WHEREAS, the Boggy Creek Improvement District (the “District”) is a local unit of special- purpose government created and existing pursuant to Chapter 190, Florida Statutes; and

WHEREAS, effective July 1, 2024, the Florida Legislature adopted House Bill 7013, codified as Chapter 2024-136, Laws of Florida (“HB 7013”) and creating Section 189.0694, Florida Statutes; and
WHEREAS, pursuant to HB 7013 and Section 189.0694, Florida Statutes, beginning October 1, 2024, the District shall establish goals and objectives for the District and create performance measures and standards to evaluate the District’s achievement of those goals and objectives; and
WHEREAS, the District Manager has prepared the attached goals, objectives, and performance measures and standards and presented them to the Board of the District; and

WHEREAS, the District’s Board of Supervisors (“Board”) finds that it is in the best interests of the District to adopt by resolution the attached goals, objectives and performance measures and standards.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE BOGGY CREEK IMPROVEMENT DISTRICT COMMUNITY DEVELOPMENT DISTRICT:
SECTION 1. The recitals so stated are true and correct and by this reference are incorporated into and form a material part of this Resolution.
SECTION 2.  The District Board of Supervisors hereby adopts the goals, objectives and performance measures and standards as provided in Exhibit A. The District Manager shall take all actions to comply with Section 189.0694, Florida Statutes, and shall prepare an annual report regarding the District’s success or failure in achieving the adopted goals and objectives for consideration by the Board of the District.

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 upon its passage and shall remain in effect unless rescinded or repealed.

PASSED AND ADOPTED this 19th day of August, 2025.

ATTEST:	BOGGY CREEK IMPROVEMENT DISTRICT

Secretary/Assistant Secretary	Chairman, Board of Supervisors

Exhibit A: Performance Measures/Standards and Annual Reporting

Exhibit A

Exhibit A:
Goals, Objectives and Annual Reporting Form

Performance Measures/Standards & Annual Reporting Form
October 1, 2025 – September 30, 2026

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

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

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

 ​Infrastructure and Facilities Maintenance
Goal 2.1: 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. Publish approved budget amendments on the CDD’s website within five days of Board approval. 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:		

District Manager:			Date:	 Print Name:	

Boggy Creek Improvement District

Operation and Maintenance Expenditures Paid in July 2025 in an amount totaling $256,284.92

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 July 1, 2025 through July 31, 2025. This does not include expenditures previously approved by the Board.

The total items being presented:    $256,284.92

Approval of Expenditures:

	 Chairman

	 Vice Chairman

	 Assistant Secretary

Boggy Creek Improvement District AP Check Register (Current by Bank) Check Dates: 7/1/2025 to 7/31/2025	
Check No.	Date	Status*	Vendor ID	Payee Name	Amount	
						
BANK ID: OM-ACH - CIT& NATIONAL BANK - ACH ( )IRES	001-101-0000-00-01	

70037	07/21/25	M	$'C	$rlan&o 'tilities Co((ission		$12*275+.42	
70038	07/31/25	M	B..P	Beep* -nc+		$21*552+50	
				BANK OM-ACH REGISTER TOTAL:	$33,827.92	

BANK ID: SUN - CIT& NATIONAL BANK

001-101-0000-00-01

	07/02/25	P	B.RC$0	Ber(an Construction		$/*320+00	
	07/02/25	P	D$0MC	Donal& 1+ Mc-ntosh Associates		$.4.45+20	
/	07/02/25	P	2'3A2	2utak Rock		$1*182+00	
7	07/02/25	P	3R'-83	3ruist Go5ern(ental Finance		$1.4/*319+70	
8	07/09/25	P	A1C	A9uatic 1ee& Control* -nc+		$835+00	
9	07/09/25	P	B.RC$0	Ber(an Construction		$255+00	
0	07/09/25	P	C.PRA	Cepra :an&scape		$8*078+50	
1	07/09/25	P	PFMGC	PFM Group Consulting		$28+.4.4	
	07/09/25	P	;G:$BA	;Global3ech		$300+00	
	07/29/25	P	B.RC$0	Ber(an Construction		$3*000+01	
	07/29/25	P	C.PRA	Cepra :an&scape		$.49*777+18	
	07/29/25	P	PFMGC	PFM Group Consulting		$.4*0.41+/7	
/	07/29/25	P	3R'83.	'8 Bank as 3rustee <or Boggy C		$733+1/	
7	07/29/25	P	;G:$BA	;Global3ech		$170+00	
8	07/30/25	P	C.PRA	Cepra :an&scape		$700+00	
9	07/30/25	P	D$0MC	Donal& 1+ Mc-ntosh Associates		$38.4+80	
0	07/30/25	P	$R:8.0	$rlan&o 8entinel		$219+50	
1	07/30/25	P	R:.;.=	Richar& :e5ey		$200+00	
	07/30/25	P	3C?AP2	3ha&&eus C>apka		$200+00	
					BANK SUN REGISTER TOTAL:	$223,190.16	

GRAND TOTAL	$257,018.08

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

BANK:	SUN	CHECK:	4424	AMOUNT:	$6,320.00	DATE:	07/02/25	VEND ID:	BERCON			
Date	Invoice Number		Invoice Description					Discount Taken		Amount Paid	
05/23/25	54225			PA 690 - Sidewalk grinding and				$0.00		$6,320.00	
				TOTALS:
AMOUNT:					$0.00
DONMC		$6,320.00	
BANK:	SUN	CHECK:	4425		$445.20	DATE:	07/02/25	VEND ID:				
Date	Invoice Number		Invoice Description					Discount Taken		Amount Paid	
06/20/25	47418			PA 690 - Eng. srvs. thru 05/30				$0.00		$445.20	
				TOTALS:					$0.00		$445.20	
BANK:	SUN	CHECK:	4426	AMOUNT:	$1,182.00	DATE:	07/02/25	VEND ID:	KUTAK			
Date	Invoice Number		Invoice Description					Discount Taken		Amount Paid	
06/24/25	3583138			PA 690 - Gen. legal thru 05/31				$0.00		$1,182.00	
				TOTALS:
AMOUNT:					$0.00
TRUIST		$1,182.00	
BANK:	SUN	CHECK:	4427		$146,319.70	DATE:	07/02/25	VEND ID:				
Date	Invoice Number		Invoice Description					Discount Taken		Amount Paid	
06/13/25	990900220300001-04		FR 80 - Loan 990900220300001 ;				$0.00		$146,319.70	
				TOTALS:
AMOUNT:					$0.00
AWC		$146,319.70	
BANK:	SUN	CHECK:	4428		$835.00	DATE:	07/09/25	VEND ID:				
Date	Invoice Number		Invoice Description					Discount Taken		Amount Paid	
07/01/25	110970			PA 691 - Jul. waterway service				$0.00		$835.00	
				TOTALS:					$0.00		$835.00	
BANK:	SUN	CHECK:	4429	AMOUNT:	$255.00	DATE:	07/09/25	VEND ID:	BERCON			
Date	Invoice Number		Invoice Description					Discount Taken		Amount Paid	
04/18/25	53479			PA 691 - Dead hog removal and				$0.00		$255.00	
				TOTALS:					$0.00		$255.00	
BANK:	SUN	CHECK:	4430	AMOUNT:	$8,078.50	DATE:	07/09/25	VEND ID:	CEPRA			
Date	Invoice Number		Invoice Description					Discount Taken		Amount Paid	
06/30/25
06/30/25
06/30/25
06/30/25
06/30/25
06/30/25
06/30/25
06/30/25
06/30/25	O-S8318 O-S8327 O-S8328 O-S8330 O-S8331 O-S8332 O-S8333 O-S8334 O-S8335			PA 691 - Interchange plant ins PA 691 - Jun. interchange cont PA 691 - Jun. interchange cont PA 691 - Jun. controller Loop PA 691 - Jun. controller 27 ir PA 691 - Jun. controller 14 ir PA 691 - Jun. controller 17 ir PA 691 - Jun. controller 16 ir PA 691 - Jun. controller 16 va				$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00		$4,743.00
$432.00
$519.00
$441.50
$548.50
$267.50
$357.00
$250.00
$520.00	
				TOTALS:
AMOUNT:					$0.00
PFMGC		$8,078.50	
BANK:	SUN	CHECK:	4431		$28.44	DATE:	07/09/25	VEND ID:				
Date
07/01/25	Invoice Number
OE-EXP-07-2025-06		Invoice Description
PA 691 - Jun. FedEx					Discount Taken
$0.00		Amount Paid
$28.44	
				TOTALS:					$0.00		$28.44	
BANK:	SUN	CHECK:	4432	AMOUNT:	$300.00	DATE:	07/09/25	VEND ID:	VGLOBA			
Date
06/30/25	Invoice Number
7431		Invoice Description
PA 691 - Apr. - Jun. ADA audit				Discount Taken
$0.00		Amount Paid
$300.00	
			TOTALS:				$0.00		$300.00	

BANK:	OM-ACH	CHECK:	70037	AMOUNT:	$12,275.42	DATE:	07/21/25	VEND ID:	OUC			
Date	Invoice Number		Invoice Description					Discount Taken		Amount Paid	
07/03/25
07/03/25
07/03/25
07/03/25
07/03/25	83178-070325
83178-070325
83178-070325
83178-070325
83178-070325		PA 692 - OUC 2025.07.03 - Elec PA 692 - OUC 2025.07.03 - Wate PA 692 - OUC 2025.07.03 - IME PA 692 - OUC 2025.07.03 - IME PA 692 - OUC 2025.07.03 - Stre				$0.00
$0.00
$0.00
$0.00
$0.00		$2,427.95
$1,863.68
$138.11
$207.40
$7,638.28	
				TOTALS:
AMOUNT:					$0.00
BERCON		$12,275.42	
BANK:	SUN	CHECK:	4433		$3,000.01	DATE:	07/29/25	VEND ID:				
Date
07/01/25
07/01/25	Invoice Number
2096
2096		Invoice Description
PA 691 - Jul. administrator ag PA 691 - Jul. irrigation speci				Discount Taken
$0.00
$0.00		Amount Paid
$1,333.34
$1,666.67	
				TOTALS:
AMOUNT:					$0.00
CEPRA		$3,000.01	
BANK:	SUN	CHECK:	4434		$49,777.18	DATE:	07/29/25	VEND ID:				
Date
07/01/25
07/01/25	Invoice Number
O-S8357 O-S8362		Invoice Description
PA 691 - Jul. interchange land PA 691 - Jul. landscaping				Discount Taken
$0.00
$0.00		Amount Paid
$24,010.08
$25,767.10	
				TOTALS:
AMOUNT:					$0.00
PFMGC		$49,777.18	
BANK:	SUN	CHECK:	4435		$4,041.67	DATE:	07/29/25	VEND ID:				
Date
07/07/25
07/07/25
07/01/25	Invoice Number
137204
137204
DM-07-2025-06		Invoice Description
PA 692 - Series 2013 - 2025.Q3 PA 692 - Series 2023 - 2025.Q3 PA 692 - DM fee: Jul. 2025				Discount Taken
$0.00
$0.00
$0.00		Amount Paid
$250.00
$250.00
$3,541.67	
				TOTALS:
AMOUNT:					$0.00
TRUSTE		$4,041.67	
BANK:	SUN	CHECK:	4436		$733.16	DATE:	07/29/25	VEND ID:				
Date
07/16/25	Invoice Number
2025.07.15		Invoice Description
S2023 FY25 DS (255653000) Dist				Discount Taken
$0.00		Amount Paid
$733.16	
				TOTALS:					$0.00		$733.16	
BANK:	SUN	CHECK:	4437	AMOUNT:	$170.00	DATE:	07/29/25	VEND ID:	VGLOBA			
Date	Invoice Number		Invoice Description					Discount Taken		Amount Paid	
07/01/25	7516			PA 692 - Jul. website maint.				$0.00		$170.00	
				TOTALS:					$0.00		$170.00	
BANK:	OM-ACH	CHECK:	70038	AMOUNT:	$21,552.50	DATE:	07/31/25	VEND ID:	BEEP			
Date
06/30/25
06/30/25
06/30/25
06/30/25	Invoice Number
834
834
834
834		Invoice Description
FR 81 - 2 vans - managed servi FR 81 - 2 vans - software appl FR 81 - 2 vans - insurance & m FR 81 - 2 vans - AV operation				Discount Taken
$0.00
$0.00
$0.00
$0.00		Amount Paid
$10,200.04
$3,399.98
$3,399.98
$4,552.50	
				TOTALS:
AMOUNT:					$0.00
CEPRA		$21,552.50	
BANK:	SUN	CHECK:	4438		$700.00	DATE:	07/30/25	VEND ID:				
Date
07/18/25	Invoice Number
O-S8433		Invoice Description
PA 693 - Jul. mainline repair				Discount Taken
$0.00		Amount Paid
$700.00	
				TOTALS:					$0.00		$700.00	
BANK:	SUN	CHECK:	4439	AMOUNT:	$384.80	DATE:	07/30/25	VEND ID:	DONMC			
Date
07/18/25	Invoice Number
47549		Invoice Description
PA 693 - Eng. srvs. thru 06/27				Discount Taken
$0.00		Amount Paid
$384.80	
			TOTALS:				$0.00		$384.80	

Boggy Creek Improvement District
July 2025 AP Remittance Report	
BANK:	SUN	CHECK:	4440	AMOUNT:	$219.50	DATE:	07/30/25	VEND ID:	ORLSEN			
Date	Invoice Number	Invoice Description					Discount Taken		Amount Paid	
06/30/25	OSC119437946	PA 693 - Legal ad 7813931 ; CU				$0.00		$219.50	
			TOTALS:					$0.00		$219.50	
BANK:	SUN	CHECK:	4441	AMOUNT:	$200.00	DATE:	07/30/25	VEND ID:	RLEVEY			
Date	Invoice Number	Invoice Description					Discount Taken		Amount Paid	
07/15/25	2025.07.15	PA 693 - Supervisor fee 2025.0				$0.00		$200.00	
			TOTALS:					$0.00		$200.00	
BANK:	SUN	CHECK:	4442	AMOUNT:	$200.00	DATE:	07/30/25	VEND ID:	TCZAPK			
Date	Invoice Number	Invoice Description				Discount Taken		Amount Paid	
07/15/25	2025.07.15	PA 693 - Supervisor fee 2025.0				$0.00		$200.00	
		TOTALS:				$0.00		$200.00	

Boggy Creek Improvement District

Requisition Nos. 486 – 490 Paid in July 2025 in an amount totaling $16,120.68

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 July 1, 2025 through July 31, 2025. This does not include requisitions previously approved by the Board.

REQUISITION NO.	PAYEE	AMOUNT	
486	Donald W. McIntosh Associates	$9,439.60	
487	Kutak Rock	$1,344.50	
488	Atkins	$4,535.83	
489	Donald W. McIntosh Associates	$562.50	
490	Orlando Sentinel	$238.25	
	TOTAL	$16,120.68	

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 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);
RequisitionNumber: 486
Name of Payee: Donald W. McIntosh Associates
Amount Payable: $9,439.60
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 oflssuance, if applicable):
Invoice 47419 for Project 23218 (Lake Nona Boggy Creek) Through 05/30/2025
-$1,463.60
Invoice 47425 for Project 22542 (Lake Nona South Lift Station No. 9 and 6,000 LF of 10" Force Main) Through 05/30/2025 - $7,976.00
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 catifies 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 486: Donald W. McIntosh Associates	June 27, 2025	Page I of2

RECEIVED
By Amanda Lane at 9:28 am, Jul 02, 2025
�·--

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AWUANRB]65 $:46R

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CA%I*A I/ED I"*E'E)* 'E&,E)*) $"!.
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366L 0K6L565 NR KN5B<65 NL VA6 50V6 A6R6N9.

6/30/25

BCID Re#'i$i%i" 486: D" ald W. McI %"$h $$"cia&e$	J'!e 27, 2025	Page 2 "f2

By Amanda Lane at 9:28 am, Jul 02, 2025

EXHIBIT "A11'
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 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);
RequisitionNumber: 487
Name of Payee: Kutak Rock
Amount Payable: $1,344.50
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 oflssuance, if applicable):
L Invoice 3583140 for Client Matter 3023-3 (Project Construction) through 05/31/2025

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 inthe 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 487: Kutak Rock	JWie 27, 2025	Page 1 of2

RECEIVED
By Amanda Lane at 9:28 am, Jul 02, 2025
�·--

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$%#-C%*, %FI**-A$CE A#D
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6/30/25

Requisition 487: Kutak Rock	June 27, 2025	Page 2 of2

By Amanda Lane at 9:28 am, Jul 02, 2025

EXHIBIT "A"
FOR..J\11 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 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);
RequisitionNumber: 488
Name of Payee: AtkinsRealis
Amount Payable: $4,535.83
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 oflssuance, if applicable):	•

Invoice 20-2039238 for Project Number 100078231 (Laureate Blvd at Veterans Way) through 02/28/2025 - $2,333.33
2. Invoice 21-2040531 for Project Number 100078231 (Laureate Blvd at Veterans Way) through 03/31/2025-$2,202.50
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

[	l

BCID Requisition 488: AtkinsRealis	July II, 202S	Pagel of2

RECEIVED
By Amanda Lane at 9:45 am, Jul 15, 2025
�·--

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CONSULTING ENGINEER'S APPROVAL OR NON-COST O ISSUANCE AND CAPITALIZED INTEREST REQUESTS ONLY
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BCID Req jsjtjon 488: tllinsRea)js	J )! 11, 2025	Page 2 of2

By Amanda Lane at 9:45 am, Jul 15, 2025

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 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);
RequisitionNumber: 489
Name of Payee: Donald W. McIntosh Associates
Amount Payable: $562.50
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 oflssuance, if applicable):

Invoice 47550 for Project 23218 (Lake Nona Boggy Creek) Through 06/27/2025
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.
Attached hereto are originals of the invoice(s) from the vendor of the property acquired or services rendered with respect to which disbursement is hereby requested.

[	l

BCID Requisition 489: Donald W. McIntosh Associates	July 23, 2025	Page I of2

RECEIVED
By Amanda Lane at 10:11 am, Jul 30, 2025
'	·

BSCCj CV99K INTVSh9N9P[ DGYcG7[

AeaSVGk98 ">79V

C#N*-L+I GENGINEE('*	%%(#.AL F#( N#N-C#*+ #FI**-ANCE ND CA%I+ALI0ED IN+E)E*+ (E'-E*+* $!L/
,D9 fR89VYGCR98 CSPYeL[GPC EPCGP9; D9V96j 79V_G?9Y a1[ bGY 8GY6gVY9N9P[ HY BV 1 CSY[ S<-\D9 &VSJ97[ 2P8 GY 7SPYGY[9Q] iGa: (G) a9 3TTLG716L9 17UeGYG[GSP SV 7SPYd7[GSP 7SP^X7[; (GI [D9 TL2PY 2P8 YT97G@71[GSPY BV [D9 TSV_GSP S= b9 &VSJ97[ iG[D V9YT97[ [S iFG7D Zf7D 8GY6gWY9N9P[ GY 69GPC O489; 1P8, (GG) a9 V:SV_ S= [D9 DGYcG7[ EPCGP99V 5 Ye7D V9TSV` YE3ML E1h9
699P 2N9P898 SV NS8GA98 SP [D9 83[9 D9V9S=.

BCID Re(-i*i+!' 489: D%$a"d W. McIn+%)h **%c a,e*	J-#. 23, 2025	Page2&f2

By Amanda Lane at 10:11 am, Jul 30, 2025

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 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);
RequisitionNumber: 490
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 119437946000 for Reference OSC119437946 (Ad #7813956) for Construction Legal Advertising of the June 12, 2025 Construction Committee Meetings (Split Five Ways, Will Be Reimb-ursed 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 disburseme:rut 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 490: Orlando Sentinel	July 23, 2025	Page I of2

RECEIVED
By Amanda Lane at 10:11 am, Jul 30, 2025
'	·

Aso8ASEB SEkEoe 7kE ekZPVc7_n eFvE Vc|eVAE(n) Oea oSE |EcBek eH sSE gkegEko‚ 7AixVkEC ek nEk}VAEn kEcBEkEB wVoT kEngEAo oe wTVAS Dn>xknEaEco Vn SEkE>� kEixEnoEB.
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Requisition 490: Orlando Sentinel	July 23, 2025	Page 2 of2

By Amanda Lane at 10:11 am, Jul 30, 2025

Boggy Creek Improvement District

Work Authorizations/Proposed Services (if applicable)

WORK AUTHORIZATION FOR MAINTENANCE SERVICES

This Work Authorization (the “Work Authorization”), dated 	  , 202 authorizes certain work in accordance with that certain AGREEMENT BETWEEN THE BOGGY CREEK IMPROVEMENT DISTRICT AND BERMAN CONSTRUCTION, LLC FOR GENERAL MAINTENANCE
SERVICES (the “Agreement”), dated August 18, 2020, by and between:

Boggy Creek Improvement District, a local unit of special-purpose government established pursuant to Chapter 190, Florida Statutes, being situated in the City of Orlando, Florida, and whose mailing address is 3501 Quadrangle Boulevard, Suite 270, Orlando, Florida 32817 (the “District”); and

Berman Construction, LLC, a Florida limited liability company, with a mailing address of 9801 Lake Nona Club Drive, Orlando, Florida 32827 (hereinafter “Contractor”, together with District the “Parties”).

Section 1. Scope of Services. Contractor shall provide 	 maintenance services, as set forth in the attached Exhibit A, which is incorporated herein by reference, all in accordance with the terms of the Agreement (collectively, the “Services”).
Section 2. Compensation and Term. It is understood and agreed that the payment of compensation for the Services under this Work Authorization shall be in the amount and for the term set forth in the attached Exhibit A, and in the manner set forth in the Agreement.

Section 3. Acceptance. Acceptance of this Work Authorization will authorize the Contractor to complete the Services as outlined above and is indicated by the signature of the authorized representative of the District and the Contractor in the spaces provided below. Contractor shall commence the aforesaid Services as provided herein and shall perform the same in accordance with the terms and conditions of the Agreement, which, except to the extent expressly altered or changed in this Work Authorization, remain in full force and effect.

In witness whereof, the Parties hereto have caused this Work Authorization to be executed the day and year first above written.

BOGGY CREEK IMPROVEMENT DISTRICT

	
Secretary			
		By:		
		Its:		

Witness

___________________

R	T

BE

ION, LLC

By:
Its: Katie _Ha_rmer, Berm_an, VP	

Exhibit A: Proposal/Scope of Services

WWW.BERMANCORP.COM | 866.752.5809

1

Proposal Date: /25
Project Name: BCID Bridge Lighting Change Out Client Contact: PFM
Work Order #: 86692
Project Scope

Berman proposes to furnish all labor and materials for the following:
Scope:
Based on our findings and troubleshooting, we estimate the additional repairs will cost approximately $ per light, with a total of 58 lights to complete.

Estimated Time of Completion: Work will be completed in the most expedient time frame as possible. All work will be performed during overnight hours.

Payment Schedule. Upon Completion

Payment Terms Total: $1

Additional Notes
Please contact our office upon receipt and approval of this contract, and any questions you might have. Should you accept the terms outlined above please sign below and return.
We can then schedule your services at that time. This proposal will become binding once executed by both parties.

Thank You
We appreciate your business and look forward to our continued partnership. Please don’t hesitate to reach out with any questions.

Approvals

About Berman
Berman is a national full-service property management, security and facility services company based in Lake Nona, Florida. Our team is highly skilled in providing dependable, professional and cost-effective solutions across facility, janitorial, on-demand repairs, maintenance staffing, security and all other ancillary facility services to help you run your facility as smoothly as possible.
We pride ourselves on being a single point for all facility and property needs. Quality and integrity are at the heart of what we do.
We are a tech-forward team, serving our clients with swift and diligent work, to ensure our client properties are well taken care of. We embrace problems quickly and tackle solutions intelligently in a unique, customized manner for each clients’ needs.

Our Services

Property & Facility Management

PFM
By:

Property Maintenance 24/7 Emergency Repairs

General Construction

Janitorial Services

Berman
By: Eddie Padua

Security

Pressure Washing

Landscaping

Disaster Response
WWW.BERMANCORP.COM | 866.752.5809	2

Referenced Images
IMAGE 1

3

Boggy Creek Improvement District

District’s Financial Position and Budget to Actual YTD

Boggy Creek Improvement District
July 2025 Financial Package

July 31, 2025

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 7/31/2025	

General			

Debt Service		

Capital Projects		
General Long- Term Debt			

Total	
			
Assets								
Current Assets											
General Checking Account	$ 779,243.88								$	779,243.88	
State Board of Administration	1,511.30									1,511.30	
Infrastructure Capital Reserve	121,392.26									121,392.26	
Interchange Maintenance Reserve	14,203.57									14,203.57	
Assessments Receivable	17,488.03									17,488.03	
Due From Other Governmental Units	20,886.56									20,886.56	
Prepaid Expenses	1,877.51									1,877.51	
Deposits	5,000.00									5,000.00	
Due From Other Funds			$	733.16							733.16	
Debt Service Reserve Series 2013			3,939,468.75							3,939,468.75	
Debt Service Reserve Series 2023			582,509.38							582,509.38	
Revenue Series 2013			1,426,879.47							1,426,879.47	
Revenue Series 2023			612,223.47							612,223.47	
Interest Series 2023			0.06							0.06	
Prepayment Series 2013			1,553.12							1,553.12	
Prepayment Series 2023			3,806.38							3,806.38	
General Checking Account					$	13,138.83					13,138.83	
Due From Other Governmental Units					315.15					315.15	
Acquisition/Construction Series 2013					138,484.41					138,484.41	
Acquisition/Construction Series 2023					3,132.54					3,132.54	
Total Current Assets	$ 961,603.11		$  6,567,173.79		$	155,070.93		$	-		$	7,683,847.83	

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

$  6,566,440.63		

$	

6,566,440.63	
									50,043,559.37			50,043,559.37	
	$			$			$	-		$ 56,610,000.00		$	56,610,000.00	
Total Assets	$ 961,603.11		$  6,567,173.79		$	155,070.93		$ 56,610,000.00		$	64,293,847.83	

-	-

Boggy Creek Improvement District

Statement of Financial Position As of 7/31/2025

General Long- Term Debt			Total	

$	

17,488.03	
$			$	17,488.03	

$ 56,610,000.00		
$	
56,610,000.00	
$ 56,610,000.00		$	56,610,000.00	
$ 56,610,000.00		$	56,627,488.03	

$	

70,670.30	
			661,156.99	
			212,287.79	
			(1,584,819.91)	
			77,959.67	
			8,074,034.03	
			(22,384,631.35)	
			(4,213,625.64)	
			56,351.76	
			26,696,976.16	
$	-		$	7,666,359.80	
				
$ 56,610,000.00		$	64,293,847.83	

General	Debt Service	Capital Projects

Liabilities and Net Assets

Current Liabilities
Deferred Revenue
Total Current Liabilities

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

Total Liabilities

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

$  17,488.03

$  17,488.03		$	-		$	-	
$	-		$	-		$	-	
$  17,488.03		$	-		$	-	

$  70,670.30
661,156.99
212,287.79

$ 944,115.08		

$

$	

(1,584,819.91)
77,959.67
8,074,034.03

6,567,173.79		

$

$	

(22,384,631.35)
(4,213,625.64)
56,351.76
26,696,976.16
155,070.93	
							
$ 961,603.11		$	6,567,173.79		$	155,070.93	

-

Boggy Creek Improvement District
Statement of Activities As of 7/31/2025	
	
General	
Debt Service	
Capital Projects	General Long- Term Debt		
Total	
Revenues
On-Roll Assessments Off-Roll Assessments Developer Contributions On-Roll Assessments Off-Roll Assessments
Inter-Fund Group Transfers In Inter-Fund Transfers In
Total Revenues	

$	282,918.14
620,848.15
334,211.29
$	747,273.47
4,416,727.61
(144,471.62)

$ 1,237,977.58	$  5,019,529.46	

$	144,471.62

$	144,471.62	

$	-	

$

$	

282,918.14
620,848.15
334,211.29
747,273.47
4,416,727.61
(144,471.62)
144,471.62
6,401,978.66	
Expenses
Supervisor Fees
Public Officials' Liability Insurance Trustee Services
Management Engineering Disclosure District Counsel
Assessment Administration Audit
Arbitrage Calculation Travel and Per Diem Postage & Shipping Legal Advertising Miscellaneous
Web Site Maintenance Holiday Decorations Dues, Licenses, and Fees Electric
Water Reclaimed General Insurance Property & Casualty Irrigation Parts
Landscaping Maintenance & Material Landscape Improvements Contingency
IME - Aquatics Maintenance IME - Irrigation
IME - Landscaping IME - Lighting
IME - Miscellaneous
IME - Water Reclaimed	

$	3,000.00
4,310.00
7,878.02
35,416.70
12,938.62
1,500.00
10,824.01
15,000.00
4,000.00
500.00
76.24
118.84
4,212.71
200.19
2,600.00
500.00
175.00
11,602.00
19,486.09
4,890.00
6,354.00
36,693.00
257,276.10
5,024.00
37,988.50
2,713.80
2,651.21
78,032.80
393.78
198.26
582.19			

$	

3,000.00
4,310.00
7,878.02
35,416.70
12,938.62
1,500.00
10,824.01
15,000.00
4,000.00
500.00
76.24
118.84
4,212.71
200.19
2,600.00
500.00
175.00
11,602.00
19,486.09
4,890.00
6,354.00
36,693.00
257,276.10
5,024.00
37,988.50
2,713.80
2,651.21
78,032.80
393.78
198.26
582.19	

Boggy Creek Improvement District
Statement of Activities As of 7/31/2025	
	
General		
Debt Service		
Capital Projects		General Long- Term Debt			
Total	
Pest Control	$	3,020.00								$	3,020.00	
Entry and Wall Maintenance	20,755.00									20,755.00	
Shuttle Financing - Maintenance	30,599.82									30,599.82	
Shuttle Financing - Vehicle Cost	146,319.70									146,319.70	
Shuttle Financing - BEEP Operating Costs	157,291.77									157,291.77	
IME - Landscape Improvements	4,274.89									4,274.89	
Streetlights	68,642.44									68,642.44	
Personnel Leasing Agreement	30,000.10									30,000.10	
Principal Payments (Series 2013)			$  1,865,000.00							1,865,000.00	
Principal Payments (Series 2023)			285,000.00							285,000.00	
Interest Payments (Series 2013)			2,127,003.13							2,127,003.13	
Interest Payments (Series 2023)			887,381.26							887,381.26	
Engineering					$	66,075.29					66,075.29	
District Counsel					2,306.00					2,306.00	
Legal Advertising					516.23					516.23	
Contingency					23,387.92					23,387.92	
Total Expenses	$ 1,028,039.78		$  5,164,384.39		$	92,285.44		$	-		$	6,284,709.61	
Other Revenues (Expenses) & Gains (Losses)											
Interest Income	$	2,349.99								$	2,349.99	
Dividend Income			$	222,814.60							222,814.60	
Interest Income					$	1.65					1.65	
Dividend Income					4,163.93					4,163.93	
Total Other Revenues (Expenses) & Gains (Losses)	$	2,349.99		$	222,814.60		$	4,165.58		$	-		$	229,330.17	
Change In Net Assets	$	212,287.79		$	77,959.67		$	56,351.76		$	-		$	346,599.22	
Net Assets At Beginning Of Year	$	731,827.29		$  6,489,214.12		$	98,719.17		$	-		$	7,319,760.58	

Net Assets At End Of Year	
$	944,115.08		
$  6,567,173.79		
$	155,070.93		
$	-		
$	
7,666,359.80	

YTD Actual	YTD Budget	YTD Variance

FY 2025	Percentage Adopted Budget		Spent

Revenues													
Assessments Developer Contributions Carryforward Revenue	$	903,766.29
334,211.29
80,873.93		$  767,046.20
604,433.08
80,873.93		$	136,720.09
(270,221.79)
-		$  920,455.44
725,319.70
97,048.71		98.19%
46.08%
83.33%	
Net Revenues	$	1,318,851.51		$ 1,452,353.21		$	(133,501.70)		$ 1,742,823.85		75.67%	
General & Administrative Expenses Legislative
Supervisor Fees
Financial & Administrative	

$	

3,000.00		

$	4,000.00		

$	

(1,000.00)		

$	4,800.00		

62.50%	
Public Officials' Liability Insurance Trustee Services
Management Engineering Disclosure Property Appraiser District Counsel
Assessment Administration Reamortization Schedules Audit
Arbitrage Calculation 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		4,310.00
7,878.02
35,416.70
12,938.62
1,500.00
- 10,824.01
15,000.00
- 4,000.00
500.00
76.24
- 118.84
- 4,212.71
- 200.19
-
-
- 2,600.00
500.00
175.00			3,860.17
7,083.33
35,416.67
17,500.00
1,666.67
416.67
29,166.67
12,500.00
208.33
3,333.33
1,000.00
250.00
20.83
416.67
208.33
4,166.67
300.00
983.33
208.34
83.33
125.00
2,700.00
500.00
145.83			449.83
794.69
0.03
(4,561.38)
(166.67)
(416.67)
(18,342.66)
2,500.00
(208.33)
666.67
(500.00)
(173.76)
(20.83)
(297.83)
(208.33)
46.04
(300.00)
(783.14)
(208.34)
(83.33)
(125.00)
(100.00)
- 29.17		4,632.20
8,500.00
42,500.00
21,000.00
2,000.00
500.00
35,000.00
15,000.00
250.00
4,000.00
1,200.00
300.00
25.00
500.00
250.00
5,000.00
360.00
1,180.00
250.00
100.00
150.00
3,240.00
600.00
175.00		93.04%
92.68%
83.33%
61.61%
75.00%
0.00%
30.93%
100.00%
0.00%
100.00%
41.67%
25.41%
0.00%
23.77%
0.00%
84.25%
0.00%
16.97%
0.00%
0.00%
0.00%
80.25%
83.33%
100.00%	
Total General & Administrative Expenses	$	103,250.33		$	126,260.17		$	(23,009.84)		$  151,512.20		68.15%	

	YTD Actual		YTD Budget		YTD Variance		FY 2025
Adopted Budget		Percentage Spent	

Field Operations Expenses										
Electric Utility Services										
Electric	$	11,602.00		$	5,833.33		$	5,768.67		$	7,000.00		165.74%	
Entry Lighting	-		416.67		(416.67)		500.00		0.00%	
Water-Sewer Combination Services										
Water Reclaimed	19,486.09		26,666.67		(7,180.58)		32,000.00		60.89%	
Other Physical Environment										
General Insurance	4,890.00		4,379.58		510.42		5,255.50		93.05%	
Property & Casualty	6,354.00		5,915.79		438.21		7,098.95		89.51%	
Other Insurance	-		83.33		(83.33)		100.00		0.00%	
Irrigation Repairs	36,693.00		50,000.00		(13,307.00)		60,000.00		61.16%	
Landscaping Maintenance & Material	257,276.10		303,933.33		(46,657.23)		364,720.00		70.54%	
Landscape Improvements	5,024.00		54,166.67		(49,142.67)		65,000.00		7.73%	
Tree Trimming	-		16,666.67		(16,666.67)		20,000.00		0.00%	
Contingency	37,988.50		4,416.67		33,571.83		5,300.00		716.76%	
Pest Control	3,020.00		2,516.67		503.33		3,020.00		100.00%	
Shuttle Financing										
Insurance	-		4,166.67		(4,166.67)		5,000.00		0.00%	
Maintenance	30,599.82		180,000.00		(149,400.18)		216,000.00		14.17%	
Vehicle Cost (Loan Payment)	146,319.70		121,933.08		24,386.62		146,319.70		100.00%	
BEEP Operating Costs	157,291.77		298,333.33		(141,041.56)		358,000.00		43.94%	
Interchange Maintenance Expenses										
IME - Aquatics Maintenance	2,713.80		2,870.83		(157.03)		3,445.00		78.78%	
IME - Irrigation Repair	2,651.21		2,708.33		(57.12)		3,250.00		81.58%	
IME - Landscaping	78,032.80		81,250.00		(3,217.20)		97,500.00		80.03%	
IME - Lighting	393.78		1,083.33		(689.55)		1,300.00		30.29%	
IME - Miscellaneous	198.26		5,416.67		(5,218.41)		6,500.00		3.05%	
IME - Water Reclaimed	582.19		1,354.17		(771.98)		1,625.00		35.83%	
IME - Landscape Improvements	4,274.89		10,833.33		(6,558.44)		13,000.00		32.88%	
Road & Street Facilities										
Entry and Wall Maintenance	20,755.00		12,500.00		8,255.00		15,000.00		138.37%	
Streetlights	68,642.44		81,125.69		(12,483.25)		97,350.83		70.51%	
Parks & Recreation										
Personnel Leasing Agreement - Administrator	13,333.40		13,333.33		0.07		16,000.00		83.33%	
Personnel Leasing Agreement - Irrigation Specialist	16,666.70		16,666.67		0.03		20,000.00		83.33%	
Reserves										
Infrastructure Capital Reserve	-		16,805.56		(16,805.56)		20,166.67		0.00%	
Interchange Maintenance Reserve	-		1,966.67		(1,966.67)		2,360.00		0.00%	
Total Field Operations Expenses	$	924,789.45		$ 1,327,343.04		$  (402,553.59)		$ 1,592,811.65		58.06%	

Total Expenses	
$ 1,028,039.78		
$ 1,453,603.21		
$  (425,563.43)		
$ 1,744,323.85		
58.94%	

Income (Loss) from Operations	
$	290,811.73		
$	(1,250.00)		
$  292,061.73		
$	(1,500.00)			
Other Income (Expense)										
Interest Income	$	2,349.99		$	1,250.00		$	1,099.99		$	1,500.00		156.67%	
Total Other Income (Expense)	$	2,349.99		$	1,250.00		$	1,099.99		$	1,500.00		156.67%	
Net Income (Loss)	$	293,161.72		$	-		$  293,161.72		$	-			

Boggy Creek Improvement District

YTD Actual

$  903,766.29
334,211.29
80,873.93	
$ 1,318,851.51

$	3,000.00

4,310.00
7,878.02
35,416.70
12,938.62
1,500.00
- 10,824.01
15,000.00
- 4,000.00
500.00
76.24
- 118.84
- 4,212.71
- 200.19
-
-
- 2,600.00
500.00
175.00	
$	103,250.33

$	11,602.00
-

19,486.09

4,890.00	-
6,354.00

36,693.00
257,276.10
-
5,024.00	

Apr-25	May-25	Jun-25	Jul-25
$ 165,574.93	$  72,226.41	$	-	$	798.91
-	21,572.08	42,358.26	167,872.20
8,087.39	8,087.39	8,087.39	8,087.40

$ 173,662.32	$ 101,885.88	$	50,445.65	$  176,758.51

$	400.00	$	400.00	$	400.00	$	400.00

-	-	-	-
-	-	1,354.99	-
-	7,083.34	3,541.67	3,541.67
187.50	1,072.30	445.20	384.80
-	-	-	500.00
-	-	-	-
788.50	571.00	3,952.66	-
-	-	-	-
-	-	-	-
-	4,000.00	-	-
-	500.00	-	-
-	-	26.47	-
-	-	-	-
43.01	5.67	10.79	28.44
-	-	-	-
219.50	885.26	219.50	219.50
-	-	-	-
-	-	83.00	-
-	-	-	-
-	-	-	-
-	-	-	-
470.00	170.00	170.00	470.00
-	-	-	-
-	-	-	-

$	2,108.51

$	894.35
- 1,920.89

$  14,687.57

$	916.60
- 2,487.11

$	10,204.28

$	2,739.46
- 2,256.88

$	5,544.41

$	2,427.95
- 1,863.68

	
Budget to Actual	
For the Month Ending 7/31/2025	
		
Oct-24			
Nov-24			
Dec-24				
Jan-25			
Feb-25	
Mar-25	

Revenues																
Assessments	$	-		$	-		$	428,804.19		$	81,149.81		$	-	$ 155,212.04	
Developer Contributions		-			20,247.08			21,588.75			-			21,284.17	39,288.75	
Carryforward Revenue		8,087.39			8,087.40			8,087.39			8,087.39			8,087.39	8,087.40	
Net Revenues	$	8,087.39		$	28,334.48		$	458,480.33		$	89,237.20		$	29,371.56	$ 202,588.19	
General & Administrative Expenses																
Legislative																
Supervisor Fees	$	200.00		$	400.00		$		-		$	400.00		$	400.00	$	-	
Financial & Administrative																
Public Officials' Liability Insurance		4,310.00			-				-			-			-	-	
Trustee Services		6,523.03			-				-			-			-	-	
Management		3,541.67			3,541.67							-			7,083.34	3,541.67	
Engineering		-			796.21						4,275.00			2,222.30	384.10	
Dissemination Agent		-			-		3,541.67				-			-	500.00	
Property Appraiser		-			-		3,171.21	-			-			-	-	
District Counsel		-			-		500.00				2,365.50			-	1,531.00	
Assessment Administration		15,000.00			-						-			-	-	
Reamortization Schedules		-			-		1,615.35	-			-			-	-	
Audit		-			-				-			-			-	-	
Arbitrage Calculation		-			-				-			-			-	-	
Travel and Per Diem		-			-		-		-			22.71			-	27.06	
Telephone		-			-				-			-			-	-	
Postage & Shipping		-			5.16				4.48			11.18			5.37	4.74	
Copies		-			-				-			-			-	-	
Legal Advertising		609.50			1,035.20							-			260.75	544.00	
Bank Fees		-			-				-			-			-	-	
Miscellaneous		-			27.67		219.50	-			27.67			-	61.85	
Meeting Room		-			-				-			-			-	-	
Office Supplies		-			-				-			-			-	-	
Property Taxes		-			-				-			-			-	-	
Web Site Maintenance		170.00			170.00				-			640.00			170.00	170.00	
Holiday Decorations		-			-				-			500.00			-	-	
Dues, Licenses, and Fees		175.00			-				-			-			-	-	
Total General & Administrative Expenses	$	30,529.20		$	5,975.91		$	9,052.21		$	8,242.06		$	10,141.76	$	6,764.42	
Field Operations																
Electric Utility Services																
Electric	$	-		$	1,091.20		$	902.65		$	907.54		$	947.44	$	774.81	
Entry Lighting		-			-				-			-			-	-	
Water-Sewer Combination Services															
Water Reclaimed		-			1,759.73			2,550.25			2,158.41			2,241.61	2,247.53	
Other Physical Environment																
General Insurance		4,890.00			-				-			-			-	-	
Property & Casualty Insurance		6,354.00			-				-			-			-	-	
Other Insurance		-			-				-			-			-	-	
Irrigation Repairs		-			4,092.00			8,016.50			8,295.00			4,289.00	-	
Landscaping Maintenance & Material		25,727.61			25,727.61			25,727.61			25,727.61			25,727.61	25,727.61	
Landscape Improvements		-			-				-			-			4,274.00	-	
Tree Trimming		-			-				-			-			-	-	
Contingency		-			2,118.00				-			1,250.00			-	-	

Page 7 of 9

-
-
- 3,043.50
25,727.61
750.00
- 27,342.50

-
-
- 3,920.50
25,727.61
-
- 703.00

-
-
- 1,952.00
25,727.61
-
- 6,320.00

-
-
- 3,084.50
25,727.61
-

37,988.50

- 255.00

Boggy Creek Improvement District
Budget to Actual
For the Month Ending 7/31/2025	

Pest Control
Shuttle Financing Insurance 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-24

1,510.00

-
-
-
-

271.38
- 7,803.28
- 99.13
-
-

-
-

1,333.34
1,666.67

-
-
49,655.41

80,184.61 

(72,097.22)

24.48
24.48

(72,072.74)	

$

 $	

$

$
$

$	
Nov-24

-

- 3,399.98
- 16,847.10

271.38
86.94
7,803.28
37.82
- 48.58
-

4,200.00
7,583.58

1,333.34
1,666.67

-
-
78,067.21

84,043.12 

(55,708.64)

22.11
22.11

(55,686.53)	

$

 $ 

$

$
$

$	
Dec-24	Jan-25	Feb-25

-	-	-

-	-	-
3,399.98	3,399.98	3,399.98
-	-	-
18,188.77	17,884.19	17,719.60

271.38	271.38	271.38
315.58	526.18	646.43
7,803.28	7,803.28	7,803.28
37.71	44.85	45.15
-	-	-
76.48	73.20	68.81
-	579.31	2,154.10

4,500.00	-	-
7,583.58	7,640.11	7,641.03

1,333.34	1,333.34	1,333.34
1,666.67	1,666.67	1,666.67

-	-	-
-	-	-
82,373.78	$	79,561.05	$  80,229.43

91,425.99   $	87,803.11   $  90,371.19 

367,054.34	$	1,434.09	$ (60,999.63)

601.14	$	28.11	$	24.41
601.14	$	28.11	$	24.41

367,655.48	$	1,462.20	$ (60,975.22)	
Mar-25

-

- 3,399.98
- 14,769.19

271.38
- 7,803.28
42.83
- 50.91
-

- 7,637.36

1,333.34
1,666.67

-
-
$  65,724.89

 $  72,489.31 

$ 130,098.88

$	27.24
$	27.24

$ 130,126.12	
Apr-25

1,510.00

- 3,399.98
- 18,266.20

271.38
538.04
7,803.28
47.73
99.13
38.86
-

- 7,640.11

1,333.34
1,666.67

-
-
$ 102,293.57

 $ 104,402.08 

$  69,260.24

$	26.36
$	26.36

$  69,286.60	

$

 $ 

$

$
$

$	
May-25

-

- 3,399.98
- 17,992.10

271.38
228.96
7,803.28
44.89
- 110.32
-

- 7,637.36

1,333.34
1,666.67

-
-
74,243.10

88,930.67 

12,955.21

28.35
28.35

12,983.56	

$

 $ 

$

$
$

$	
Jun-25

-

- 3,399.98
146,319.70
17,472.10

271.38
- 7,803.28
47.91
- 47.62
-

12,055.00
7,641.03

1,333.34
1,666.67

-
-
237,053.96

247,258.24 

(196,812.59)

1,540.15
1,540.15

(195,272.44)	

$

 $	

$

$
$

$	
Jul-25

-

- 3,399.98
- 18,152.52

271.38
309.08
7,803.28
44.89
- 67.41
1,541.48

- 7,638.28

1,333.34
1,666.67

-
-
75,587.05

81,131.46 

95,627.05

27.64
27.64

95,654.69	

 
YTD Actual

3,020.00

30,599.82
146,319.70
1-57,291.77

2,713.80
2,651.21
78,032.80

393.78
198.26
582.19
4,274.89

20,755.00
68,642.44

13,333.40
16,666.70	
$	924,789.45
-
$- 1,028,039.78	
-
$	290,811.73

$	2,349.99	
$	2,349.99	
$	293,161.72	

Boggy Creek Improvement District Cash Flow

Beg. Cash

9/1/2024	750,265.66
10/1/2024	579,300.32
11/1/2024	503,129.01
12/1/2024	497,516.91
1/1/2025	879,290.11
2/1/2025	823,703.36
3/1/2025	798,536.17
4/1/2025	834,876.01
5/1/2025	916,450.21
6/1/2025	988,232.95
7/1/2025	849,838.38
8/1/2025	779,243.88	FY 2024 Inflows
58,999.25
37,980.74
104.34
1,004.74
-
-
-
-
-
-
-
-	FY 2024 Outflows
(213,801.09)
(39,645.51)
(3,250.50)
(8,228.00)
-
-
-
-
-
-
-
-	FY 2025 Inflows
- 7.32
37,268.90
555,100.97
692,168.00
40,644.66
217,374.45
182,589.84
178,405.59
61,489.77
186,423.58
-	FY 2025 Outflows	End. Cash	
				(16,163.50)	579,300.32	
				(74,513.86)	503,129.01	
				(39,734.84)	497,516.91	
				(166,104.51)	879,290.11	
				(747,754.75)	823,703.36	
				(65,811.85)	798,536.17	
				(181,034.61)	834,876.01	
				(101,015.64)	916,450.21	
				(106,622.85)	988,232.95	
				(199,884.34)	849,838.38	
				(257,018.08)	779,243.88	
				-	779,243.88 as of 08/04/2025	

Totals		4,634,474.17	(4,501,269.22)	2,151,473.08	(1,955,658.83)