Reserve
Community Development District
http://www.Reserve1cdd.com

Charles Henry, Chairman Lynn Fettrow, Vice Chairman
Gary Surber, Assistant Secretary Luis Planas, Assistant Secretary Richard Wright, Assistant Secretary

April 14, 2026

Seat 1: Charles Henry – (C.)		
Seat 5: Lynn Fettrow – (V.C.)		
Seat 2: Gary Surber – (A.S.)		
Seat 3: Luis Planas – (A.S.)		
Seat 4: Richard Wright – (A.S.)		

Reserve
Community Development District
Agenda

Tuesday	2160 NW Reserve Park Trace
April 14, 2026	Port St. Lucie, Florida 34986
1:30 p.m.	https://us06web.zoom.us/j/83988783118
Meeting ID: 839 8878 3118 and Passcode: 3RnKzW
1 309-205-3325 or 1 312-626-6799
Phone Conference ID: 83988783118#

Roll Call
Approval of the Minutes of the March 10, 2026 Meeting – Page 3
PNC Account Analysis Statement – Page 10
Status Update on Projects Related to St. Lucie West Services District Transition
Cash Flow Update – Page 16
Staff Reports
Engineer

Attorney

District Consultant – Invoice with Robert L. Fromm & Associates – Page 18

Manager
Invoices from St. Lucie West Service District for Bulk Water and Sewer – Page 19

Time Sheets for Plant Operations and Rick Riniolo for Underground Services – Page 20

Financial Reports
Approval of Check Register – Page 25

Approval of Unaudited Financials – Page 31

Supervisors Requests and Audience Comments

Adjournment

Meetings are open to the public and may be continued to a time, date and place certain. For more information regarding this CDD please visit the website: http://www.Reserve1cdd.com

MINUTES OF MEETING RESERVE
COMMUNITY DEVELOPMENT DISTRICT
The regular meeting of the Board of Supervisors of the Reserve Community Development District was held on Tuesday, March 10, 2026, at 1:30 p.m. at 2160 NW Reserve Park Trace, Port St. Lucie, Florida 34986.

Present and constituting a quorum were:

Chuck Henry	Chairman
Lynn Fettrow	Vice Chairman
Gary Surber	Assistant Secretary
Richard Wright	Assistant Secretary
Luis Planas	Assistant Secretary

Also present were:

Robert Szozda	Assistant District Manager
Darrin Mossing	District Manager (by phone)
Robert Fromm	Consultant
George Morgan	Consultant (by phone)
Josh Miller	St. Lucie West Services District
Roberto Cabrera	District Engineer (by phone)
Gary Resnick	District Counsel (by phone)
Kyle Butson	Ferguson Waterworks

FIRST ORDER OF BUSINESS	Roll Call
Mr. Szozda called the meeting to order and called the roll.

SECOND ORDER OF BUSINESS	Approval of the Minutes of the
February 10, 2026 Meeting
Mr. Szozda presented the minutes of the February 10, 2026 meeting and asked for any corrections, deletions or additions. Upon hearing none, he asked for a motion to approve the minutes.

March 10, 2026	Reserve CDD

On MOTION by Mr. Suber seconded by Mr. Planas with all in favor, the Minutes of the February 10, 2026 Meeting were approved.

THIRD ORDER OF BUSINESS	PNC Account Analysis Statement
Mr. Szozda presented the PNC Account analysis statement indicating this item was for informational purposes only and no Board action was needed. He then asked for any comments or questions. (There were no comments at this time)
FOURTH ORDER OF BUSINESS	Transition to SLWSD Update
Approval of 16 Purchase Orders for SLWSD to Perform Lift Station Refurbishment Work
Acceptance of Quotes for Items Included in Lift Station Project
RTU and Electrical Panels
RTU Programming
Concrete Pads
Mr. Szozda presented the 16 purchase orders for SLWSD to perform the lift station refurbishment work and asked Mr. Henry for his input.
Mr. Henry gave a brief explanation relating to the 16 purchase orders to perform the lift station refurbishment work stating each purchase order was priced at a not to exceed amount and would need to be approved by the CDD Board pursuant to the contract signed with SLWSD. Mr. Henry then gave a brief overview of the 16 purchase orders stating Mr. Miller would also need to get those approved by the SLWSD Board, then he would place the orders for the items listed on those purchase orders, and once a lift station had been completed SLWSD would invoice the District.
Mr. Miller stated he did not need the SLWSD Board to approve the purchase orders, since they had already approved the purchase of the amount when the contract was approved, he only needed the purchase orders approved by the District Board to track the expenses of each station and to establish the official granting for him to move forward with the orders. Mr. Miller then made some additional comments relating to the lift station work and the three quotes he had distributed to the Board stating these were lead time items that were just for informational purposes, such as the electrical panels, the RTU panels, safety lids, etc. Mr. Miller also gave a brief overview of the GIS mapping infrastructure related to the lift stations as well.

2

March 10, 2026	Reserve CDD

Mr. Henry made some additional comments referring to the electrical quotes for electrical panels, the RTUs, the programing of the RTUs, and the cement tops that were provided by Mr. Miller in the agenda for informational purposes only. Mr. Henry then asked for a motion to approve the 16 purchase orders to perform the lift station refurbishment work.

On MOTION by Mr. Planas seconded by Mr. Surber with all in favor, the 16 Purchase Orders for SLWSD to perform the lift station refurbishment work were approved.

Mr. Henry then requested Mr. Fromm to give an update on the surveys and the easements at this time.
Mr. Fromm gave a brief update stating he requested the title company to do title searches, and on two of those he had asked if it was for the Reserve Utility that had been assigned or just Reserve Utilities, and on those it was the Reserve Utility in the form of a fee simple warranty deed. Mr. Fromm also made some additional comments relating to this item stating as they move forward with the work they would verify out in the field if they had enough room for a fence and enough room for a generator, and they would also try to verify if there was an easement.
(At this point a discussion was held among the Board members, Mr. Miller, Mr. Fromm, Mr. Cabrera and also Mr. Resnick who gave a brief update on the surveys for the lift stations)

E. Interconnect Projects – Consideration of Quotes for Materials
Interconnection Project for Water
Ferguson Waterworks
Core & Main
Fortiline Waterworks
Interconnection Project for Sewer
Ferguson Waterworks
Core & Main
Fortiline Waterworks
Mr. Henry moved on to the interconnect projects for water and sewer which were reflected as separate quotes for materials. Mr. Henry stated these quotes could be found under item E on the updated agenda that was handed out to the Board. He then stated these items had to do with the approach they were going to take to the interconnects and

3

March 10, 2026	Reserve CDD

what they could do as a result of taking this approach. Mr. Henry then gave a brief overview relating to the quotes that were provided by Mr. Miller stating the quotes fell below the $195,000 threshold, so they would not need to go out for RFPs, however, the items listed on the quotes were time sensitive and unit prices would probably keep going up. He also stated they would not need the materials until awarding the final contract and then the work would commence in September, but they would definitely save money if they purchased everything now and stored it away. Mr. Henry made some additional comments relating to the particular work that would need to be done as they move forward with the project such as the directional drilling under I-95 and other roadways, digging the trenches and laying the piping, as well as approving the purchase of the parts at this meeting.
Mr. Miller also stated he has dealt with all three of the different contractors, and they were all well qualified and very responsive to do the work, and unless the Board could find a reason not to go with the lowest bidder it would be difficult to vote any other way other than for the low bid from Ferguson Waterworks.
Mr. Resnick stated St. Lucie West was also allowing the Reserve to store the parts without being charged on St. Lucie West property.
Mr. Henry stated they went back and forth with the quotes to have them redone because they had put sewer and water on the same quote but, they had that corrected and separated those.
(At this point a discussion was held among the Board members, Mr. Henry, and Mr.
Miller, Mr. Cabrera and Mr. Kyle Butson from Ferguson Waterworks relating to this item)

On MOTION by Mr. Wright seconded by Mr. Planas with all in favor, accepting the bid proposal from Ferguson Waterworks in the amount of $112,374 for the interconnection project for the waterline was approved.

On MOTION by Mr. Planas seconded by Mr. Henry with all in favor, accepting the bid proposal from Ferguson Waterworks in the amount of $116,394 for the interconnection project for sewer was approved.

4

March 10, 2026	Reserve CDD

Land Sale Update
Mr. Henry indicated they could go back to items C & D under item No. 4 relating to the status of the land sale and cash flow updates and asked Mr. Fromm for an update.
Mr. Fromm stated he was copied on some emails from Mr. Cabrera and Mr. Resnick which talked about the Reserve utilities being platted, one tract would go to the land sale and the other tract would go to St. Lucie West. Mr. Fromm then asked if that had gotten submitted to the city.
Mr. Cabrera stated he was still waiting on the dedication language for those tracts.
(At this point a discussion was held among the Board members, Mr. Fromm, Mr.
Cabrera, Mr. Resnick and Mr. Miller relating to this item)

Cash Flow Update
Mr. Henry then gave a brief update on the cash flow status stating the big change was that he had received more updated numbers on what they had in the state fund which was closer to $2 million, or $1.9 million dollars. Mr. Henry made some additional comments as to what Mr. Miller was able to accomplish with Ferguson Waterworks relating to the parts they would be purchasing at a lower cost, and also an estimated cost for the directional drilling, and based on those two items he was able to update those amounts as to the current cash flow total.
(At this point a discussion was held among the Board members, Mr. Henry and Mr.
Miller relating to this item)

FIFTH ORDER OF BUSINESS	Staff Reports
Engineer
Mr. Szozda moved on to staff reports and ask Mr. Cabrera if he had anything else to report to the Board.
Mr. Cabrera stated he did submit the FPL agreement request on the interconnect project and that was under review but, he wanted to wait on the FDOT item until the issue with the easement was settled. He also submitted an easement request to the School Board to consider an overlapping easement on the north side of the canal, and that was also under consideration for the next meeting.

Attorney
Mr. Szozda asked Mr. Resnick if he any anything to report. Mr. Resnick stated he had nothing to report at this time.
5

March 10, 2026	Reserve CDD

District Consultant – Invoice with Robert L. Fromm & Associates
Mr. Szozda asked Mr. Fromm for his report for District consultant.
Mr. Fromm stated everything was already discussed earlier other than having the Board approve his invoice in the amount of $3,400.

On MOTION by Mr. Surber seconded by Mr. Fettrow with all in favor, accepting the invoice from Robert L. Fromm & Associates in the amount of $3,400 was approved.

Manager
Invoices from St. Lucie West Service District for Bulk Water and Sewer
Time Sheets for Plant Operations and Rick Riniolo for Underground Services
Mr. Szozda presented the invoices from St. Lucie West Services District for bulk water and sewer, and also the time sheets for Rick Riniolo for underground services stating these items were included in the agenda for informational purposes only.

SIXTH ORDER OF BUSINESS	Financial Reports
Approval of Check Run Summary
Acceptance of the Unaudited Financials
Mr. Szozda presented the check run summary which was included in the agenda package and asked for any comments or questions on the check register. (There were no comments at this time)

On MOTION by Mr. Planas seconded by Mr. Surber with all in favor, the Check Run Summary was approved.

Mr. Szozda then presented the unaudited financials and asked for any comments or questions. (There were no comments at this time)

On MOTION by Mr. Surber seconded by Mr. Henry with all in favor, the Unaudited Financials were approved.

6

March 10, 2026	Reserve CDD

SEVENTH ORDER OF BUSINESS	Supervisors	Requests	and
Audience Comments
Mr. Szozda asked for any Supervisor’s requests at this time, there were none.

EIGHTH ORDER OF BUSINESS	Adjournment
Mr. Szozda then asked for a motion to adjourn the meeting.

On MOTION by Mr. Planas seconded by Mr. Surber with all in favor, the Meeting was adjourned.

Secretary / Assistant Secretary	Chairman / Vice Chairman

7

0,PNC

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CLIENT NAME & ADDRESS	
RESERVE COMMUNITY DEVELOPMENT 5385 N NOB HILL RD
SUNRISE FL 33351-4761	

ACCOUNT INFORMATION	
ACCOUNT	XXlOOOC0034	SUMMARY	
CUSTOMER	BUSINESS BANKING	
SERVICE:	CUSTOMER SERVICE	
TELEPHONE:	1-877-BUS-BNKG Option #4	

ANALYSIS PERIOD	
02/0112026 to 02/28/2026	

ACCOUNT ANALYSIS STATEMENT

Page 1 of 6

STATEMENT DATE	

MARCH 12, 2026	

ACCOUNTS INCLUDED IN THIS ANALYSIS
BANK NUMBER	ACCOUNT NUMBER	ACCOUNT NAME	ACCOUNT TITLE	
001	XXXXXX7724	RESERVE COMMUNITY DEVELO		

GO PAPERLESS. SIGN-UP TODAY FOR FREE ONLINE CORPORATE ACCOUNT ANALYSIS STATEMENTS THAT YOU CAN /!CCESS VIA PINACLE.

ENROLL TODAY. FOR MORE INFORMATION, CALL TREASURY MANAGEMENT CARE CENTER AT 1-800-669-1518 OR CONlACT YOUR TREASURY MANAGEMENT OFFICER.
A MINIMUM AVERAGE MONTHLY BALANCE MUST BE MAINTAINED TO WAIVE THE TREASURY ENTERPRISE (TE) MAINTENANCE FEE FOR A BILLING CYCLE. ADDITIONAL FEES MAY BE ASSESSED FOR ACCOUNTS, DEPOSITS AND TRANSACTION ACTIVITY EXCEEDING TE LIMITS.
QUESTIONS? CONTACT YOUR TREASURY MANAGEMENT OFFICER.

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Page 2 of 6

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CLIENT NAME & ADDRESS	
RESERVE COMMUNITY DEVELOPMENT 5385 N NOB HILL RD
SUNRISE FL 33351-4761	

ACCOUNT INFORMATION	
ACCOUNT	XXXXXX0034	SUMMARY	
CUSTOMER	BUSINESS BANKING	
SERVICE:	CUSTOMER SERVICE	
TELEPHONE:	1-877-BUS-BNKG Option#4	
BILLING CYCLE	MONTHLY	

ANALYSIS PERIOD	
02/01/2026 to 02/28/2026	

STATEMENT DATE	

MARCH 12, 2026	

ACCOUNT ANALYSIS STATEMENT

CURRENT MONTHLY BALANCE & COMPENSATION	
AVERAGE LEDGER BALANCE	161,532.20	EARNINGS ALLOWANCE(0.021 %)	2.59	
		TOTAL ANALYZED CHARGES	739.75	
LESS: DEPOSIT FLOAT	2,765.25	EXCESS/(DEFICIT) FEES	737.16-	
	
	TOTAL AMOUNT DUE	737.16	
AVERAGE COLLECTED BALANCE	158,766.95		(DEBIT)	
LESS: RESERVES( 0.00%)	0.00			
INVESTABLE BALANCE	

158,766.95			
COLLECTED BALANCE REQUIRED	45,347,614.49			
EXCESS/(DEFICIT) BALANCE	45,188,847.54-			

YOUR ACCOUNT XXXXXX7724 WILL BE CHARGED ON THE LAST BUSINESS DAY OF THE MONTH FOR THE ABOVE NOTED DEFICIENCY AMOUNT.

SUMMARY OF ACCOUNT SERVICES
SERVICE DESCRIPTION	AFP CODE	VOLUME	UNIT PRICE	TOTAL PRICE	GOLLECI t:D
BALANCE REQUIRED	
DEMAND DEPOSIT
RECLEARS

REMOTE DEPOSIT
DEPOSIT ON-SITE MONTHLY FEE

CHECK DISBURSEMENT SERVICES CHECK POSITIVE PAY MONTHLY FULL RECON MONTHLY INPUT/TRANSMISSION ITEMS

AUTOMATED CLEARINGHOUSE SERVICES
PINACLE ACH FILE PROCESSED
PINACLE ACH DEBIT/CREDIT ORIGINATED ACH RETURN ITEM
ACH POSITIVE PAY MONTHLY SERVICE

NFORMATION SERVICES
PINACLE ACH FUNDS TXFER TEMPLATES PINACLE ACH SPECIAL REPORT PINACLE SPECIAL REPORTS IMAGE PINACLE PLATFORM MONTHLY
PINACLE MODULE FEES	10  04 02

10  99 99

20 00 00
20 00 10
20 02 01

25  05 05
25  01 02
25  04 00
25  10 50

35 05  51
99 99 99
40  99 99
99  99 99
40  99 99	2

1

1
1
40

4
1,055
2
1

7
7
1
1
5	5.0000

40.0000

80.0000
35.0000
0.0400

5.0000
0.3500
3.0000
22.0000

0.7500
3.5000
1.1500
35.0000
25.0000	10.00	6131012.70	
				$10.00

40.00	$613,012.70

2,452,050.80	
				$40.00

80.00
35.00
1.60	$2,452,050.80

4,904,101.60
2,145,544.45
98,082.03	
				$116.60

20.00
369.25
6.00
22.00	$7,147,728.08

1,226,025.40
22,635,493.95
367,807.62
1 ,348,627.94	
				$417.25

5.25
24.50
1.15
35.00
125.00	$25,577,954.91

321,831.67
1,501,881.12
70,496.46
WAIVED
7,662,658.75	
				$190.90	$9,556,868.00	

CAA-CAA1P801 023109 003377	001  XXXXXX0034	1-8	DOM

Visit us at pnc.com

ANALYSIS PERIOD	
02/01/2026 to 02/28/2026	

ACCOUNT ANALYSIS STATEMENT

Page 3 of 6	0.PNC

CLIENT NAME & ADDRESS	
RESERVE COMMUNITY DEVELOPMENT 5385 N NOB HILL RD
SUNRISE FL 33351-4761	

ACCOUNT INFORMATION	
ACCOUNT	XXXXXX0034	SUMMARY	
CUSTOMER	BUSINESS BANKING	
SERVICE:	CUSTOMER SERVICE	
TELEPHONE:	1-877-BUS-BNKG Option #4	
BILLING CYCLE	MONTHLY	

STATEMENT DATE	

MARCH 12, 2026	

SUMMARY OF ACCOUNT SERVICES
SERVICE DESCRIPTION	AFP	CODE	VOLUME	UNIT PRICE	TOTAL PRICE	(.;ULLc:1..., I c:u
BALANCE REQUIRED	
!IIISCELLANEOUS	99	99	99					
PRINTED ANALYSIS STATEMENT FEE				1	2.0000	2.00	WAIVED	
						$2.00	$0.00	
								
TOTAL ANALYZED CHARGES :						$739.75	$45,347,614.49	
TOTAL CHARGES THIS CYCLE :						$776.75	$45,347,614.49	
TOTAL WAIVED CHARGES:						$37.00	WAIVED	

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Page 4 of 6

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CLIENT NAME & ADDRESS	
RESERVE COMMUNITY DEVELOPMENT 2160 RESERVE PARKTRACE
PORT ST. LUCIE FL 34986	

ACCOUNT INFORMATION	
ACCOUNT	)()()()()()(7724	
CUSTOMER	BUSINESS BANKING	
SERVICE:	CUSTOMER SERVICE	
TELEPHONE:	1-877-BUS-BNKG Option #4	
BILLING CYCLE	MONTHLY	

ANALYSIS PERIOD	
02/01/2026 to. 02/28/2026	

STATEMENT DATE	

MARCH 12, 2026	

ACCOUNT ANALYSIS STATEMENT

CURRENT MONTHLY BALANCE & COMPENSATION	
AVERAGE LEDGER BALANCE	161,532.20	EARNINGS ALLOWANCE(0.021 %)	2.59	
		TOTAL ANALYZED CHARGES	739.75	
LESS: DEPOSIT FLOAT	2,765.25	EXCESS/(DEFICIT) FEES	737.16-	
	
	(TRANSFERRED TOXXXXXX0034)	
AVERAGE COLLECTED BALANCE	158,766.95		
LESS: RESERVES( 0.00%)	0.00		
INVESTABLE BALANCE	158,766.95		
COLLECTED BALANCE REQUIRED	45,347,614.49		
EXCESS/(DEFICIT) BALANCE	45,188,847.54-		

SUMMARY OF ACCOUNT SERVICES
SERVICE DESCRIPTION	AFP	CODE	VOLUME	UNIT PRICE	TOTAL PRICE	t,;ULLt:v I t:U
BALANCE REQUIRED	
DEMAND DEPOSIT	10

10

20
20
20

25
25
25
25

35
99
40
99
40

99	04

99

00
00
02

05
01
04
10

05
99
99
99
99

99	02

99

00
10
01

05
02
00
50

51
99
99
99
99

99	2

1

1
1
40

4
1,055
2
1

7
7
1
1
5

1	5.0000

40.0000

80.0000
35.0000
0.0400

5.0000
0.3500
3.0000
22.0000

0.7500
3.5000
1.1500
35.0000
25.0000

2.0000			
RECLEARS						10.00	613,012.70	
						$10.00	$613,012.70	
REMOTE DEPOSIT								
DEPOSIT ON-SITE MONTHLY FEE						40.00	2,452,050.80	
						$40.00	$2,452,050.80	
CHECK DISBURSEMENT SERVICES								
CHECK POSITIVE PAY MONTHLY						80.00	4,904,101 .60	
FULL RECON MONTHLY						35.00	2,145,544.45	
INPUT/TRANSMISSION ITEMS						1.60	98,082.03	
						$116.60	$7,147,728.08	
[AUTOMATED CLEARINGHOUSE SERVICES								
PINACLE ACH FILE PROCESSED						20.00	1,226,025.40	
PINACLE ACH DEBIT/CREDIT ORIGINATED						369.25	22,635,493.95	
ACH RETURN ITEM						6.00	367,807.62	
ACH POSITIVE PAY MONTHLY SERVICE						22.00	1,348,627.94	
						$417.25	$25,577,954.91	
INFORMATION SERVICES								
PINACLE ACH FUNDS TXFER TEMPLATES						5.25	321,831.67	
PINACLE ACH SPECIAL REPORT						24.50	1,501,881.12	
PINACLE SPECIAL REPORTS IMAGE						1.15	70,496.46	
PINACLE PLATFORM MONTHLY						35.00	WAIVED	
PINACLE MODULE FEES						125.00	7,662,658.75	
						$190.90	$9,556,868.00	
MISCELLANEOUS								
PRINTED ANALYSIS STATEMENT FEE						2.00	WAIVED	

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ANALYSIS PERIOD	
02/01/2026 to 02/28/2026	

ACCOUNT ANALYSIS STATEMENT

Pages of6

CLIENT NAME & ADDRESS	
RESERVE COMMUNITY DEVELOPMENT 2160 RESERVE PARK TRACE
PORT ST. LUCIE FL 34986	

ACCOUNT INFORMATION	
ACCOUNT	XXXXXX7724	
CUSTOMER	BUSINESS BANKING	
SERVICE:	CUSTOMER SERVICE	
TELEPHONE:	1-877-BUS-BNKG Option #4	
BILLING CYCLE	MONTHLY	

STATEMENT DATE	

MARCH 12, 2026	

SUMMARY OF ACCOUNT SERVICES
SERVICE DESCRIPTION	AFP CODE	VOLUME	UNIT PRICE	TOTAL PRICE	GULLEvl t:U
BALANCE REQUIRED	

TOTAL ANALVZED CHARGES :

TOTAL CHARGES THIS CYCLE :
TOTAL WAIVED CHARGES:				$2.00	$0.00	
				$739.75	$45,347,614.49	
				$776.75
$37.00	$45,347,614.49
WAIVED	

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CLIENT NAME & ADDRESS	
RESERVE COMMUNITY DEVELOPMENT 5385 N NOB HILL RD
SUNRISE FL 33351-4761	

ACCOUNT INFORMATION	
ACCOUNT	XXXXXX0034	SUMMARY	
CUSTOMER	BUSINESS BANKING	
SERVICE:	CUSTOMER SERVICE	
TELEPHONE:	1-877-BUS-BNKG Option #4	
BILLING CYCLE	MONTHLY	

ANALYSIS PERIOD	
02/01/2026 to 02/28/2026	

ACCOUNT ANALYSIS STATEMENT

Page 6 of6

STATEMENT DATE	

MARCH 12, 2026	

YEAR-TO-DATE RELATIONSHIP SUMMARY

MONTH	ADJUSTED
AVERAGE LEDGER BALANCE	ADJUSTED
COLLECTED BALANCE	EARNINGS
CREDIT RATE	TOTAL
ACTIVITY CHARGES	COLLECTED
BALANCE REQUIRED	
EXCESS/(DEFICIT) BALANCE	
EXCESS/(DEFICIT) FEE EQUIVALENT	

(JANUARY i=EBRUARY	
166,218.10
161,532.20	
164,100.04
158,766.95	
.023821
.021265	
774.62
739.75	
38,287,754.69
45,347,614.49	
38,123,654.65-
45,188,847.54-	
771.30-
737.16-	
QTRTOTAL	163,875.15	161,433.50		1,514.37	41,817,684.59	41,656,251.10-	1,508.46-	

YTDTOTAL	

163,875.15	

161,433.50	

.022543	

1,514.37	
41,817,684.59	
41,656,251.10-	
1,508.46-	

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CAA-CAA1P801 023113 003377	001 XXXXXX0034	1-8	DOM

I have been tracking amounts committed and expected to be committed between
now and the end of August to determine (a) that we have suﬃcient funds to pay for the Interconnect Project and (b) that we have suﬃcient excess funds that we can commit to lift station refurbishment near term. I have been getting State Fund ﬁgures near the end of each month, after ACH collections for the month have been recorded and after A/P has been processed. I have been ignoring cash in the bank, generally +/- $200,000, as that roughly represents customer deposits.
KEY ASSUMPTIONS
In January, I assumed an Interconnect cost of $2.7 million. In February, Josh estimated a cost of $950,000 to $1,500,000. Based on that, in February and March I assumed total cost of $1.6 million, showing $1.360 million as uncommitted, after showing $240,000 (reduced to $229,000 in March) as committed for materials.
I have not included any monies from the sale of plant properties. SUMMARY
The chart on the following page shows projections over the past 3 months. Obviously the 3/31/2026 column is the key at this point. It shows that we project to have $600,000 available for lift stations through August. Cash balances were
$30,000 lower in March than February, so really we can say we can project somewhere between $500,000 and $600,000.
Once again, my focus has been to project out to the point where we can commit actual dollars to the Interconnect in August, while at the same time feeling comfortable that we can pay for ongoing lift station rehabilitation. Certainly our commitments to SLWSD go well beyond the Interconnect and Lift Stations. Once we have a ﬁrm number for the land sale we can shift our focus to the remaining obligations.

		(figures in $000s)		
	1/23/2026	2/24/2026	3/31/2026	
State Fund Balance	$1,845	$1,950	$2,001	
Committed, unpaid C&T,	
-$276	
-$300	
-$180	
Road	-$69	-$75	-$75	
Ferguson		-$240	-$229	

Uncommitted Funds	
$1,500	
$1,335	
$1,517	
$90,000 per month through August	$630	$540	$450	
Projected Available 8/31/2026	$2,130	$1,875	$1,967	
Conservative cost of Interconnect less amount committed	
$2,700	
$1,360	
$1,360	
Projected funds available 8/31/2026 less Interconnect	
-$570	
$515	
$607	

ROBERT L. FROMM & ASSOCIATES 8101 SE SHILOH TERRACE HOBE SOUND, FLORIDA 33455
772-349-8065

Invoice

May 1, 2026

Reserve Community Development District #1 5385 N. Nob Hill Road
Sunrise, Florida 33351

Attention: Rich Hans

Water and Sewer Fund
For consulting services to date including several meetings with SLWSD on the “Interconnect Agreement”, water and sewer matters, annual budget meetings and normal operational matters.

Meeting with John Baker on Spendthrift in Sabal Creek to discuss this Street and future street- swale work, concrete pours, and adjustments. John Baker and Rick will work together and inspect each street as work is completed.

Several trips and meetings with Tina.

Discussions and emails with John Baker and Roberto on Replat and signatures to submit to the City.

Total Amount Now Due·	$3,800.00

BILL TO:						
Name	 Reserve CDD (Interconnect)		
Address	 5385 N. Nob Hill Road		
City	Sunrise	State	FL	ZIP	33351	
Attn:	 Patti Powers						

	
REMIT TO:	
ST. LUCIE WEST SERVICES DISTRIC	
450 SW UTILITY DRIVE	
PORT ST. LUCIE, FL. 34986	

Invoice Number:	BW00177	

Statement Date:	Wednesday, March 4, 2026	

PLEASE MAKE CHECKS PAYABLE TO ST. LUCIE WEST SERVICES DISTRICT OR SLWSD AND REMIT TOP PORTION WITH PAYMENT

Gallons	Description	Unit Price	TOTAL	

14,903,452	Bulk water usage	Read Date	Read	End Date	Read
2/1/2026	237695038	3/1/2026	252598490	
$	3.64	
54,248.57	
	Base rate water	$	948.50	$	948.50	
9,419,000	Read Date	Read	End Date	Read
Bulk sewer usage	2/1/2026	317048	3/1/2026	326467	
$	4.04	
38,052.76	

February 2026 Usage

J. Miller, District Manager			
	M. Matos, Utility Billing Specialist			
	P. Powers, Reserve Utility			
Subtotal Shipping
For your records	Total
Due Date	$	93,249.83	
		
	$	93,249.83	
	4/3/2026	

Office Use Only	Initials	
Date Received	Check #	

ST. LUCIE WEST SERVICES DISTRICT	
450 SW UTILITY DRIVE	
PORT ST. LUCIE, FL 34986	
Tel: (772) 340-0220	
www.slwsd.org	

Invoice No.	BW00177	
Due Date	Amount Enclosed	
4/3/2026	$	

Comments:

Please note: Retain the bottom portion for your records.
.	.
450 SW Utility Dr., Port St. Lucie, FL 34986 Tel: (772) 340-0220 Fax: (772) 871-5771 www.slwsd.org Office Hours 8:00 AM - 4:00 PM Monday - Friday

Rick Riniolo

Thursday	29-Jan	
Friday	30-Jan	
Saturday	31-Jan	
Sunday	1-Feb	
Monday	2-Feb	
Tuesday	3-Feb	
Wednesday	4-Feb	

Total	32	

Dominic Smith

Thursday	
Friday	
Saturday	
Sunday	
Monday	
Tuesday	
Wednesday	

Total

TIME SHEETS	Reserve CDD

4	
6	
4	
5	
4	
5	
4	

lift station Dogleg

leaks 8305 Belfry,2095 Commerce L

Rick Riniolo

Thursday	5-Feb	
Friday	6-Feb	
Saturday	7-Feb	
Sunday	8-Feb	
Monday	9-Feb	
Tuesday	10-Feb	
Wednesday	11-Feb	

Total	30	

Dominic Smith

Thursday	
Friday	
Saturday	
Sunday	
Monday	
Tuesday	
Wednesday	

Total

TIME SHEETS	Reserve CDD

4	
6	
4	
4	
4	
4	
4	

Rick Riniolo

Thursday	12-Feb	
Friday	13-Feb	
Saturday	14-Feb	
Sunday	15-Feb	
Monday	16-Feb	
Tuesday	17-Feb	
Wednesday	18-Feb	

Total	34	

Dominic Smith

Thursday	
Friday	
Saturday	
Sunday	
Monday	
Tuesday	
Wednesday	

Total

TIME SHEETS	Reserve CDD

4	
7	
4	
5	
4	
6	
4	

leak 9317 Houndslake locate sewer line
7660 Fairwood, 7250 Reserve creek

Rick Riniolo

Thursday	19-Feb	
Friday	20-Feb	
Saturday	21-Feb	
Sunday	22-Feb	
Monday	23-Feb	
Tuesday	24-Feb	
Wednesday	25-Feb	

Total	36	

Dominic Smith

Thursday	
Friday	
Saturday	
Sunday	
Monday	
Tuesday	
Wednesday	

Total

TIME SHEETS	Reserve CDD

4	
6	
4	
4	
9	
5	
4	

read mtrs	leak 7333 Marsh	
read mtrs		

Rick Riniolo

Thursday	26-Feb	
Friday	27-Feb	
Saturday	28-Feb	
Sunday	1-Mar	
Monday	2-Mar	
Tuesday	3-Mar	
Wednesday	4-Mar	

Total	33	

Dominic Smith

Thursday	
Friday	
Saturday	
Sunday	
Monday	
Tuesday	
Wednesday	

Total

TIME SHEETS	Reserve CDD

4	
6	
4	
4	
7	
4	
4	

call out manhole Hilton

Reserve
COMMUNITY DEVELOPMENT DISTRICT

Fiscal Year 2026
Check Register

Date	check #'s	Amount		

2/1-2/28	

14256-14288		

$244,720.32	
	AUTOPAY		$4,452.37	
	TOTAL		$249,172.69	

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	4/06/26	PAGE	1
*** CHECK DATES 02/01/2026 - 02/28/2026 ***	RESERVE CDD - WATER/SEWER FUND
BANK A RESERVE CDD - WS
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
2/13/26 00027	1/10/26 77246412 202512 320-53600-41000	*	499.76
DEC 25 - TEL/INTERNET
AT&T	499.76 014256
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/13/26 00647	2/03/26 02032026 202602 320-53600-46000	*	250.00
FEB 26 - MOWING
BAUTISTA & SONS LAWN MAINTENANCE	250.00 014257
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/13/26 00616	2/01/26 25737988 202602 320-53600-46100	*	896.87
FEB 26 - MONTHLY ASSESS
COMMERCE ONE & TWO ASSOCIATION, INC	896.87 014258
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/13/26 00743	1/01/26 FCCFL/26 202601 320-53600-52000	*	237.11
JAN 26 - REFUSE SERVICE
FCC ENVIRONMENTAL SERVICES	237.11 014259
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/13/26 00009	3/02/26 03022026 202603 320-53600-34400	*	3,200.00

ROBERT	L. FROMM ASSOCIATES	3,200.00	014260	
- - - - - - - -	- - - - - - -	- -	- - - - - - - - - - - - -	- - - - - - - - - -	-	-	-	-	-	-	- -	-	-	-	-	-	- - - - -	- - - - -	- - -	
572	202602 310-53600-34000	*	3,895.50	
FEB	26	- MGMT FEES	
572	202602 310-53600-44000	*	110.25	
FEB	26	- RENT	
572	202602 310-53600-35100	*	137.83	
FEB	26	- COMPUTER TIME	
572	202602 310-53600-49500	*	91.92	
FEB	26	- WEBSITE ADMIN	
572
FEB	26	202602 310-53600-51000	*	17.50	
572	202602 310-53600-42000	*	22.20	
FEB	26	- POSTAGE	
572	202602 310-53600-42500	*	78.80	
FEB	26	- COPIES	
573	202602 320-53600-34400	*	11,609.44	
FEB	26	- UTILITY BILLING	
GOVERNMENTAL	MANAGEMENT SERVICES	-	15,963.44	014261	
- - - - - - - -	- - - - - - -	-	-	- - - - - - - - - - - - - - - -	- - - - - - - - - -	-	-	-	- -	-	-	-	-	-	-	- - - -	- - - - -	- - -	
2/13/26 00017	1/25/26	6835	202601 320-53600-52000	*	57.32	

2/13/26 00486	2/01/26	
	2/01/26	
	2/01/26	
	2/01/26	
	2/01/26	
	2/01/26	
	2/01/26	
	2/01/26	

MAR 26 - CONSULTING SVCS

- OFFICE SUPPLIES

MISC. SUPPLIES

HOME DEPOT CREDIT SERVICES	57.32 014262

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/13/26 00723 10/31/25 298007	202510 320-53600-42000	*	1,521.44
OCT 25 - MONTHLY MAILING
11/01/25 298434	202510 320-53600-42000	*	97.82
OCT 25 - MONTHLY SUPPORT
RESV -RESERVE-	PPOWERS

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	4/06/26	PAGE	2
*** CHECK DATES 02/01/2026 - 02/28/2026 ***	RESERVE CDD - WATER/SEWER FUND
BANK A RESERVE CDD - WS

JAN 26 - MONTHLY MAILING	INFOSEND, INC.	3,135.01	014263	
- - - -	- - -	-	- - - -	- - - - - - - - - - - - - - - - - - - - - - -	-	- - - -	- -	-	-	-	-	- - - - -	- - - - - -	-	-	- - - -	- - -	
2/13/26	00614	1/23/26	55V14754 202601 320-53600-51000	*	90.00	
COPIER BASE CHARGE	
KYOCERA DOCUMENT	SOLUTIONS, LLC	90.00	014264	
- - - -	- - -	-	- - - -	- - - - - - - - - - - - - - - - - - - - - - -	- - -	-	-	-	-	-	-	-	-	- - - - -	- - - - - -	-	-	-	- - -	- - -	
2/13/26	90000	2/13/26	01184204 202602 300-11500-10000	*	61.85	
001184204 SIEGEL, ALISON	
SIEGEL, ALISON	61.85	014265	
- - - -	- - -	-	- - - -	- - - - - - - - - - - - - - - - - - - - - - -	- -	-	-	-	-	-	-	-	-	-	- - - - -	- - - - - -	-	-	-	- - -	- - -	
2/13/26	90000	2/13/26	01193903 202602 300-11500-10000	*	50.38	
001193903 GROSSMAN & MC N	
GROSSMAN, ELIZABETH	50.38	014266	
- - - -	- - -	-	- - - -	- - - - - - - - - - - - - - - - - - - - - - - - -	-	-	-	-	-	-	-	-	-	- - - - -	- - - -	- -	-	-	-	- - -	- - -	
2/13/26	90000	2/13/26	01202403 202602 300-11500-10000	*	9.09	
001202403 WHARTON, MASON	
WHARTON, MASON & TERESA	9.09	014267	
- - - -	- - -	-	- - - -	- - - - - - - - - - - - - - - - - - - - - - - - -	-	-	-	-	-	-	-	-	-	- - - - -	- - - -	- -	-	-	-	- - -	- - -	
2/13/26	90000	2/13/26	01233304 202602 300-11500-10000	*	182.95	
001233304 WATKINS & WILLI	
WATKINS, CALVIN & C	182.95	014268	
- - - -	- - -	-	- - - -	- - - - - - - - - - - - - - - - - - - - - - - - -	-	-	-	-	-	-	-	-	-	- - - - -	- - - - - -	-	-	- - - -	- - -	
2/13/26	90000	2/13/26	01253802 202602 300-11500-10000	*	55.75	
001253802 WORTH, IRENE	
WORTH, MRS IRENE	55.75	014269	
- - - -	- - -	-	- - - -	- - - - - - - - - - - - - - - - - - - - - - -	-	-	-	-	-	-	-	-	-	-	-	- - - - -	- - - - - -	-	-	- - - -	- - -	
2/13/26	90000	2/13/26	01255205 202602 300-11500-10000	*	26.83	
DENORIO, LAUREN	26.83	014270	
- - - -	- - -	-	- - - -	- - - - - - - - - - - - - - - - - - - - - - -	-	-	-	-	-	-	-	-	-	-	-	- - - - -	- - - - - -	-	-	- - - -	- - -	
2/13/26	90000	2/13/26	01347105 202602 300-11500-10000	*	79.24	
001347105 DAVIS, JAMES &	
DAVIS, JAMES &	JULIE	79.24	014271	
- - - -	- - -	-	- - - -	- - - - - - - - - - - - - - - - - - - - - -	- - -	-	-	-	-	-	-	-	-	-	- - - - -	- - - - - -	-	-	- - - -	- - -	
2/13/26	90000	2/13/26	01582800 202602 300-11500-10000	*	116.04	
001582800 MERITAGE HOMES	
MERITAGE HOMES	116.04	014272	
- - - -	- - -	-	- - - -	- - - - - - - - - - - - - - - - - - - - - -	-	-	-	-	-	-	-	-	-	-	-	-	- - - - -	- - - - - -	-	-	- - - -	- - -	
2/13/26	90000	2/13/26	01587100 202602 300-11500-10000	*	57.64	
001587100 MERITAGE HOMES	
MERITAGE HOMES	57.64	014273	
- - - -	- - -	-	- - - -	- - - - - - - - - - - - - - - - - - - - - -	-	-	-	-	-	-	-	-	-	-	-	-	- - - - -	- - - - - -	-	-	- - - -	- - -	
2/13/26	90000	2/13/26	01587902 202602 300-11500-10000	*	23.80	
001587902 RODRIGUEZ, RAQU	
RODRIGUEZ, RAQUEL TR	23.80	014274	
- - - -	- - -	-	- - - -	- - - - - - - - - - - - - - - - - - - - - - - - -	-	-	-	-	-	-	-	-	-	- - - - -	- - - - - -	-	-	- - - -	- - -	

DATE	DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS			AMOUNT	#	
	1/31/26	303983	202601 320-53600-42000	*	1,515.75			

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

001255205 DENORIO, LAUREN

RESV -RESERVE-	PPOWERS

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	4/06/26	PAGE	3
*** CHECK DATES 02/01/2026 - 02/28/2026 ***	RESERVE CDD - WATER/SEWER FUND
BANK A RESERVE CDD - WS
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#

JAN 26 - BULKWATER	ST. LUCIE WEST SERVICES	DISTRICT	101,032.47	014275	
- - - -	- - -	-	- - - -	- - - - -	- - - - - - - - - - - - - - - - - - - - -	- - -	-	-	-	-	-	-	- - -	- - - - - -	- - -	
2/13/26	00595	1/31/26	PS-INV10	202601 320-53600-49100	*	68.73	
JAN 26 - TICKETS	
SUNSHINE STATE ONE	CALL	68.73	014276	
- - - -	- - -	-	- - - -	- - - - -	- - - - - - - - - - - - - - - - - - -	- -	-	-	-	-	-	-	-	-	-	- - -	-	-	- - - -	- - -	
2/13/26	00771	9/30/25	25075	202510 320-53600-49100	*	625.00	
PROPERTY APPRAISAL	
THE URBAN GROUP	625.00	014277	
- - - -	- - -	-	- - - -	- - - - -	- - -	- - - - - - - - - - - - - - - -	-	- - -	-	-	- - - -	- - -	
2/18/26	00772	2/18/26	FOLIO SE	202602 300-16900-20000	*	800.00	
TITLE SEARCHES	
OLD REPUBLIC TITLE	3,800.00	014278	
- - - -	- - -	-	- - - -	- - - - -	- - -	- - - - - - - - - - - - - - - -	-	- - -	-	- - - - -	- - -	
2/18/26	00177	2/01/26	FEB-26	202602 320-53600-41000	*	100.00	
FEB 26 - CELL	REIMB	
CHRISTINE PERKINS	100.00	014279	
- - - -	- - -	-	- - - -	- - - - -	- - -	- - - - - - - - - - - - - - - -	-	- - -	-	-	- - - -	- - -	
2/18/26	00714	2/01/26	FEB 26	202602 310-53600-41000	*	100.00	
FEB 26 - CELL	REIMB	
RICK RINIOLO	100.00	014280	
- - - -	- - -	-	- - - -	- - - - -	- - -	- - - - - - - - - - - - - -	- -	-	-	-	-	-	-	-	-	- - -	-	-	- - - -	- - -	
2/18/26	00172	2/18/26	261091	202602 300-15100-01500	*	100,000.00	

2/13/26 00057	2/02/26 BW00176	202601 320-53600-43100	*	101,032.47

-	-	-	-	-	-	-	-	-	-	

-	
-	
-	
-	
-	
-	
-	
-	
-	
-	

-	
-	
-	
-	
-	
-	
-	
-	
-	
-	

-	
-	
-	
-	
-	
-	
-	
-	
-	
-	

- - - - - - -	

- - - - - - -	

- - - - - - -
3,	

- - - - - - -	

-	
-	
-	
-	
-	
-	
-	

TRANSFER TO STATE BOARD

STATE BOARD OF ADMINISTRATION	100,000.00 014281

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/26/26 00027	2/10/26 77246412 202602 320-53600-41000	*	427.68
FEB 26 - TEL/INTERNET
AT&T	427.68 014282
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/26/26 00739	2/11/26 67800291 202602 320-53600-52000	*	280.00
COLI & TOTAL COLIFORM
2/18/26 67800292 202602 320-53600-52000	*	320.00
THM/HAA
EUROFINS ENVIRONMENT	600.00 014283
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/26/26 00743	2/01/26 FCCFL/26 202602 320-53600-52000	*	237.11
FEB 26 - REFUSE SERVICE
FCC ENVIRONMENTAL SERVICES	237.11 014284
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/26/26 00012	2/10/26 9-171-87 202602 310-53600-42000	*	26.85
DELIVERIES THRU 2/3
2/24/26 9-190-05 202602 310-53600-42000	*	27.00
DELIVERIES THRU 2/18
FEDEX	53.85 014285
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
RESV -RESERVE-	PPOWERS

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	4/06/26	PAGE	4
*** CHECK DATES 02/01/2026 - 02/28/2026 ***	RESERVE CDD - WATER/SEWER FUND

CHECK	VEND# DATE	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS		AMOUNT	....CHECK..... AMOUNT	#	
2/26/26 00749	2/13/26 11346721 202601 300-16900-20000	*
2/13/26 11346721 202601 310-53600-31500	*		8,447.00
3,535.50		
	JAN 26 - UTILITY/FDEP ENF
GRAY ROBINSON, PA			11,982.50 014286	
- - - - - - - - 2/26/26 00022	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/20/26 02202026 202602 320-53600-34400	*
GEORGE A. MORGAN, SR.	- - - -	- - - - - -	- - - - - - - -

650.00 014287	
- - - - - - - - 2/26/26 00034	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/24/26 389928	202602 320-53600-52100	*
VERO CHEMICAL DISTRIBUTORS, INC.	- - - -	- - - - - -	- - - - - - - -

49.90 014288	
- - - - - - - -	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	- - - -	- - - - - -	- - - - - - - -	
	TOTAL FOR BANK A		244,720.32		

BANK A RESERVE CDD - WS

JAN 26 - UTILITY/FDEP ENF

CONSULT SVCS 1/08-2/20

650.00

LINER

49.90

RESV -RESERVE-	PPOWERS

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	4/06/26	PAGE	5
*** CHECK DATES 02/01/2026 - 02/28/2026 ***	RESERVE CDD - WATER/SEWER FUND

CHECK	VEND# DATE	.....INVOICE..... ...EXPENSED TO...		VENDOR DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS	NAME	STATUS	AMOUNT	....CHECK..... AMOUNT	#	
2/28/26 00013	2/28/26 FEB 26	202602 320-53600-43000		*	4,324.15		
	FEB 26 - ELECTRIC
2/28/26 FEB 26	202602 320-53600-46100
FPL (AUTO-PAY)		*	128.22	

4,452.37 080016	
- - - - - - - -	- - - - - - - - - - - - - - - - - - - - - - - - - - - -	- - - - -	- - - - - - - - - - -	- - - - - -	- - - - - - - -	
		TOTAL FOR	BANK Z	4,452.37		
		TOTAL FOR	REGISTER	249,172.69		

BANK Z RESERVE CDD - WS

FEB 26 - ELECTRIC

RESV -RESERVE-	PPOWERS

Reserve
Community Development District Unaudited Financial Reporting
February 28, 2026

Table of Contents

	Balance Sheet

	Water and Sewer Fund

3-4		Month to Month

Reserve
Community Development District Statement of Net Position February 28, 2026

Water/Sewer Fund

Assets
Current Assets:		
Cash		
Operating Account	$	122,781	
Investments		
State Board of Administration (SBA)	2,056,673	
Accounts Receivable - Utility Billing	285,247	
Accounts Receivable - Other	449	
Prepaid Expenses	28,593	
Deposits	365	

Noncurrent Assets:
Capital Assets:
Land, Buildings and Improvements (net)	4,735,932	
CIP - Lift Stations	69,187	
CIP - Force Main/Interconnect	120,720	
Total Assets	$	7,419,947	

Liabilities
Current liabilities:
Accounts Payable	

214,395	
Customer deposits	291,120	

Noncurrent liabilities:
Prepaid connections fees	

281,728	
Total Liabilites	$	787,243	

Net Position
Net investment in capital assets	

4,715,512	
Restricted	239,734	
Unrestricted	1,677,458	
Total Net Position	$	6,632,704	
		
Total Liabilities & Net Position	$	7,419,946	

Page 1

Reserve
Community Development District Water/Sewer Fund
Statement of Revenues, Expenses, and Changes in Net Position
For The Period Ending February 28, 2026

Adopted	Prorated Budget	Actual	
Budget	Thru 02/28/26	Thru 02/28/26	Variance	

Operating Revenues		
Charges for Services: Water Revenue	
$  1,300,000	
$	541,667	
$	577,548	
$	35,882	
Sewer Revenue	1,300,000	541,667	529,005	(12,661)	
Misc. Income/Penalties	6,500	2,708	4,551	1,843	
Interest Income	55,000	22,917	30,940	8,024	
Rental Income	7,200	3,000	3,600	600	
Connection/Meter Fees	-	-	2,375	2,375	
Total Revenues	$ 2,668,700	$  1,111,958	$  1,148,020	$	36,062	
General & Administrative:					
Supervisor Fees	$	6,000	$	2,500	$	2,200	$	300	
PR-FICA	459	191	168	23	
Engineering	20,000	8,333	-	8,333	
Attorney	15,000	6,250	17,143	(10,893)	
Special Counsel	50,000	20,833	-	20,833	
Annual Audit	8,800	-	-	-	
Management Fees	46,746	19,478	19,478	-	
Information Technology	1,654	689	689	0	
Website Maintenance	1,103	460	460	(0)	
Postage & Delivery	2,500	1,042	386	655	
Insurance General Liability	51,899	21,625	20,423	1,201	
Printing & Binding	1,200	500	367	133	
Rentals & Leases	1,323	551	551	-	
Legal Advertising	2,000	833	1,188	(355)	
Other Current Charges	6,000	2,500	3,718	(1,218)	
Office Supplies	500	208	88	121	
Dues, Licenses & Subscriptions	175	175	175	-	
Total General & Administrative	$	215,359	$	86,168	$	67,134	$	19,034	
Plant and Field Operations & Maintenance					
Salaries	$	132,374	$	55,156	$	39,650	$	15,506	
FICA	10,127	4,220	3,033	1,186	
Workers Comp Insurance	3,500	3,500	1,762	1,738	
Plant Mangement	60,000	25,000	-	25,000	
Consulting Services	151,360	63,067	57,022	6,044	
Telephone	13,360	5,567	5,145	421	
Answering Service	1,500	625	604	21	
Postage	19,200	8,000	8,055	(55)	
Electric	55,000	22,917	20,009	2,908	
Bulk Water/Sewer Purchase	1,050,000	437,500	470,140	(32,640)	
Repairs & Maintenance	60,000	25,000	16,374	8,626	
Lake Management	1,440	600	-	600	
Condo Expenses	6,100	2,542	5,245	(2,703)	
Office Supplies	1,000	417	172	245	
Operating Supplies	40,000	16,667	10,237	6,429	
Chemicals	35,000	14,583	50	14,533	
Subtotal Plant and Field Operations & Maintenance	$ 1,639,961	$	685,359	$	637,498	$	47,860	

Non-Operating Expenses					
Renewal & Replacement	$	-	$	-	$	-	$	-	
Total Non-Operating Expenses	$	-	$	-	$	-	$	-	
					
Total Expenses	$ 1,855,320	$	771,527	$	704,633	$	66,894	
					
Change in Net Position	$	813,380	$	340,431	$	443,388	$	102,956	
					
Total Net Position - Beginning	$	-		$  6,189,316		
					
Total Net Position - Ending	$	813,380		$  6,632,704		

Page 2

Reserve
Community Development District Month to Month

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

Revenues:		
Charges for Services: Water Revenue	
$  1,300,000	
$	99,638	
$  105,218	
$  105,489	
$  131,973	
$  135,230	
$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	577,548	
Sewer Revenue	1,300,000	89,045	93,951	92,397	125,558	128,055	-	-	-	-	-	-	-	529,005	
Misc. Income/Penalties	6,500	1,319	366	2,619	(116)	364	-	-	-	-	-	-	-	4,551	
Interest Income	55,000	6,583	6,268	6,224	6,146	5,719	-	-	-	-	-	-	-	30,940	
Rental Income	7,200	1,200	600	600	600	600	-	-	-	-	-	-	-	3,600	
Connection/Meter Fees	-	275	-	2,100	-	-	-	-	-	-	-	-	-	2,375	
Total Revenues	$ 2,668,700	$  198,061	$  206,403	$  209,428	$  264,161	$  269,967	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$  1,148,020	
Expenditures:								
General & Administrative:								
Supervisor Fees	$	6,000	$	600	$	400	$	400	$	400	$	400	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	2,200	
PR-FICA	459	46	31	31	31	31	-	-	-	-	-	-	-	168	
Engineering	20,000	-	-	-	-	-	-	-	-	-	-	-	-	-	
Attorney	15,000	6,247	3,494	2,491	3,536	1,376	-	-	-	-	-	-	-	17,143	
Special Counsel	50,000	-	-	-	-	-	-	-	-	-	-	-	-	-	
Annual Audit	8,800	-	-	-	-	-	-	-	-	-	-	-	-	-	
Management Fees	46,746	3,896	3,896	3,896	3,896	3,896	-	-	-	-	-	-	-	19,478	
Information Technology	1,654	138	138	138	138	138	-	-	-	-	-	-	-	689	
Website Maintenance	1,103	92	92	92	92	92	-	-	-	-	-	-	-	460	
Telephone	-	-	-	-	-	100	-	-	-	-	-	-	-	100	
Postage & Delivery	2,500	100	85	59	66	76	-	-	-	-	-	-	-	386	
Insurance General Liability	51,899	4,085	4,085	4,085	4,085	4,085	-	-	-	-	-	-	-	20,423	
Printing & Binding	1,200	157	61	26	45	79	-	-	-	-	-	-	-	367	
Rentals & Leases	1,323	110	110	110	110	110	-	-	-	-	-	-	-	551	
Legal Advertising	2,000	125	937	125	-	-	-	-	-	-	-	-	-	1,188	
Other Current Charges	6,000	748	753	696	750	771	-	-	-	-	-	-	-	3,718	
Office Supplies	500	18	18	18	18	18	-	-	-	-	-	-	-	88	
Dues, Licenses & Subscriptions	175	175	-	-	-	-	-	-	-	-	-	-	-	175	
Total General & Administrative	$	215,359	$	16,536	$	14,098	$	12,165	$	13,164	$	11,170	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	67,134	
Plant and Field Operations & Maintenance
Salaries	
$	132,374	
$	8,700	
$	6,600	
$	7,000	
$	10,550	
$	6,800	
$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	39,650	
FICA	10,127	666	505	536	807	520	-	-	-	-	-	-	-	3,033	
Workers Comp Insurance	3,500	3,214	-	-	-	(1,452)	-	-	-	-	-	-	-	1,762	
Plant Management	60,000	-	-	-	-	-	-	-	-	-	-	-	-	
Consulting Services	151,360	10,045	10,045	10,829	10,645	15,459	-	-	-	-	-	-	-	57,022	
Telephone	13,360	1,146	604	1,526	1,021	849	-	-	-	-	-	-	-	5,145	
Answering Service	1,500	99	127	120	127	131	-	-	-	-	-	-	-	604	
Postage	19,200	-	1,613	1,610	3,135	1,697	-	-	-	-	-	-	-	8,055	
Electric	55,000	3,650	3,908	3,822	4,306	4,324	-	-	-	-	-	-	-	20,009	
Bulk Water/Sewer Purchase	1,050,000	90,034	91,506	94,318	101,032	93,250	-	-	-	-	-	-	-	470,140	
Repairs & Maintenance	60,000	250	15,246	628	-	250	-	-	-	-	-	-	-	16,374	
Lake Management	1,440	-	-	-	-	-	-	-	-	-	-	-	-	-	
Condo Expenses	6,100	1,122	1,086	1,037	974	1,025	-	-	-	-	-	-	-	5,245	
Office Supplies	1,000	82	-	-	90	-	-	-	-	-	-	-	-	172	
Operating Supplies	40,000	314	4,677	750	1,233	3,264	-	-	-	-	-	-	-	10,237	
Dues, Licenses	35,000	-	-	-	-	50	-	-	-	-	-	-	-	50	
Chemicals	-	-	-	-	-	-	-	-	-	-	-	-	-	-	
Capital Outlay	-	-	-	-	-	-	-	-	-	-	-	-	-	-	

Subtotal Plant and Field Operations & Mainte $	1,639,961	$	119,321	$	135,915	$	122,176	$	133,919	$	126,167	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	637,498	
Non-Operating Expenses
Renewal & Replacement	
$	-	
$	-	
$	-	
$	-	
$	-	
$	-	
$	-	
$	-	
$	-	
$	-	
$	-	
$	-	
$	-	
$	-	

Total Non-Operating Expenses	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-	
								
Total Expenditures	$ 1,855,320	$  135,857	$  150,013	$  134,342	$  147,084	$  137,338	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	704,633	
								
Net Change in Fund Balance	$	813,380	$	62,204	$	56,391	$	75,087	$  117,077	$  132,629	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	443,388	
						Page 3