Lake Deer Community Development District

Meeting Agenda April 16, 2025

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Lake Deer
Community Development District

219 E. Livingston St., Orlando, Florida 32801 Phone: 407-841-5524 – Fax: 407-839-1526
April 9, 2025

Board of Supervisors Meeting
Lake Deer Community Development District
Dear Board Members:

A regular meeting of the Board of Supervisors of the Lake Deer Community Development District will be held Wednesday, April 16, 2025 at 2:00 PM at the Holiday Inn—Winter Haven, 200 Cypress Gardens Blvd., Winter Haven, FL 33880.

Zoom Video Link: https://us06web.zoom.us/j/82629254883
Zoom Call-In Number: 1-646-876-9923
Meeting ID: 826 2925 4883

Following is the advance agenda for the meeting:

Board of Supervisors Meeting

Roll Call
Public Comment Period (Public Comments are limited to three (3) minutes each)
Approval of Minutes of the February 19, 2025 Board of Supervisors Meeting
Consideration of Resolution 2025-03 Approving the Proposed Fiscal Year 2025/2026 Budget (Suggested Date: July 16, 2025), Declaring Special Assessments, and Setting the Public Hearings on the Adoption of the Fiscal Year 2025/2026 Budget and the Imposition of Operations and Maintenance Assessments
Staff Reports
Attorney
Engineer
Field Manger’s Report
District Manager’s Report
Approval of Check Register
Balance Sheet & Income Statement
Other Business
Supervisors Requests and Audience Comments
Adjournment

MINUTES

MINUTES OF MEETING LAKE DEER
COMMUNITY DEVELOPMENT DISTRICT

The regular meeting of the Board of Supervisors of the Lake Deer Community Development District was held Wednesday, February 19, 2025 at 2:00 p.m. at the Holiday Inn – Winter Haven, 200 Cypress Gardens Blvd., Winter Haven, Florida.

Present and constituting a quorum:

Rennie Heath	Chairperson
Bobbie Henley	Vice Chairperson
Lindsey Roden	Assistant Secretary
Emily Cassidy	Assistant Secretary Also present were:
Jill Burns	District Manager, GMS
Savannah Hancock	District Counsel, Kilinski Van Wyk
Roy Van Wyk	District Counsel, Kilinski Van Wyk
Clayton Smith	Field Manager, GMS

FIRST ORDER OF BUSINESS	Roll Call
Ms. Burns called the meeting to order and called the roll. Four Supervisors were present, constituting a quorum.

SECOND ORDER OF BUSINESS	Public Comment Period
Ms. Burns stated that no members of the public were in attendance in person or by Zoom.

THIRD ORDER OF BUSINESS	Approval of Minutes of the November 20,
2024, Board of Supervisors Meeting
Ms. Burns presented the minutes from the November 20, 2024, Board of Supervisors meeting. She asked for any questions, comments, or corrections. The Board had no changes to the minutes.

On MOTION by Ms. Cassidy, seconded by Ms. Roden with all in favor, the Minutes of the November 20, 2024, Board of Supervisors Meeting, were approved.

FOURTH ORDER OF BUSINESS	Consideration of Resolution 2025-02 Electing
Officers
Ms. Burns stated this resolution allows the Board to make any changes to the Board. Ms.
Henley made a motion to add her as Vice Chair and Mr. Heath as Chair.

On MOTION by Ms. Henley, seconded by Ms. Cassidy, with all in favor, Resolution 2025-02 Electing Officers, was approved.

FIFTH ORDER OF BUSINESS	Discussion	Regarding	District	Security
Services
Consideration of Proposal from Current Demands for Camera Installation
Consideration of Proposal from Current Demands for Overnight Monitoring Services
Presentation of Security Services Comparison for Overnight Monitoring Systems
Consideration of Proposals for Security Services from Nation Security
Ms. Burns stated the security items are all generalized so there is no need for a closed session. Ms. Burns stated there were no cameras installed at this location currently. She noted Current Demands does the access systems at most communities they have, and they are very good with their responses. She added they offer overnight monitoring at a lower price then Securitas, which is who they currently use. The monthly service cost is $120 or $1,440 annually. She added it is only a one-time cost for the installation of the cameras with Current Demands. She stated the first year would be $5,060 and every year after is only $1,440. She noted it will be lower than what they have budgeted. She recommended approving Current Demands proposal and combining it with Nation Security’s guard service. She added Nation Security offers seasonal officers.

On MOTION by Mr. Heath, seconded by Ms. Roden, with all in favor, the Current Demands and Nation Security Proposals, were approved.

SIXTH ORDER OF BUSINESS	Consideration of 2025 Data Sharing and
Usage Agreement with Polk County Property Appraiser

2

Ms. Burns asked if the Board had any questions on the Data Sharing and Usage agreement.
Hearing none, she asked for a motion to approve.

On MOTION by Mr. Heath, seconded by Ms. Roden, with all in favor, the 2025 Data Sharing and Usage Agreement with Polk County Appraiser, was approved.

SEVENTH ORDER OF BUSINESS	Consideration of 2025 Contract Agreement
with Polk County Property Appraiser
Ms. Burns asked for any questions on the 2025 Contract Agreement with the Polk County Property Appraiser. Hearing none, she asked for a motion to approve.

On MOTION by Mr. Heath, seconded by Ms. Roden, with all in favor, the 2025 Contract Agreement with the Polk County Property Appraiser, was approved.

EIGHTH ORDER OF BUSINESS	Presentation of Arbitrage Rebate Report for
Series 2022 Project Bonds from AMTEC
Ms. Burns stated the district must demonstrate they do not earn more interest than what they pay on the bonds. She asked for a motion to accept.

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

NINTH ORDER OF BUSINESS	Ratification of Streetlighting Agreements with
Duke Energy
Ms. Burns stated there were some additional lights that were added to a previously approved street lighting contract, however there were some lights that were not included that needed to be fixed.

On MOTION by Ms. Roden, seconded by Ms. Henley, with all in favor, the Streetlighting Agreements with Duke Energy, were ratified.

3

TENTH ORDER OF BUSINESS	Staff Reports
Attorney
Ms. Hancock had nothing further to report.

Engineer
There were no comments at this time.

Field Manager’s Report
Mr. Smith reviewed the Field Managers Report. He stated the perimeter fence repairs have been completed and leftover material have been stored. He added pressure washing will start toon to remove dirt from the fence. He noted they have been having issues with the pond vendor. He added the amenity is going well.

Items Relating to Aquatic Maintenance Services
Consideration of Renewal of Agreement with Solitude for Aquatic Maintenance Services
Mr. Smith stated Solitude has sent over a renewal for their contract, but they have had performance issues, so they brought new proposals to the board. He stated Solitude’s current contract is cheaper at $13,154 and AWM is $16,800. He recommended to switch the vendors as Solitude has not been preforming well.

On MOTION by Mr. Heath, seconded by Ms. Roden, with all in favor, the termination of Solitude for Aquatic Maintenance Services, was approved.

Consideration of Proposal for Aquatic Maintenance Services from Aquatic Weed Management, Inc.

On MOTION by Ms. Roden, seconded by Ms. Roden, with all in favor, the Proposal for Aquatic Maintenance Services from Aquatic Weed Management, Inc., was approved.

Consideration of Proposal for Solar Light Installation at Mailboxes
Mr. Smith asked for a motion to approve the solar lights.

4

On MOTION by Ms. Henley, seconded by Ms. Cassidy, with all in favor, the Proposal for Solar Light Installation at Mailboxes, was approved.

District Managers Report
Approval of the Check Register
Ms. Burns presented the check register included in the agenda package for review. She offered to answer any questions the Board may have.

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

Balance Sheet & Income Statement
Ms. Burns stated the financial statements were included in the agenda package for review.
There is no action necessary from the Board.

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

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

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

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

Secretary/Assistant Secretary	Chairman/Vice Chairman

5

Section IV

RESOLUTION 2025-03

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE LAKE DEER COMMUNITY DEVELOPMENT DISTRICT APPROVING PROPOSED BUDGETS FOR FISCAL YEAR 2026; DECLARING SPECIAL ASSESSMENTS TO FUND THE PROPOSED BUDGETS PURSUANT TO CHAPTERS 170, 190 AND 197, FLORIDA STATUTES; SETTING PUBLIC HEARINGS; ADDRESSING PUBLICATION; ADDRESSING SEVERABILITY; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the District Manager has heretofore prepared and submitted to the Board of Supervisors (“Board”) of the Lake Deer Community Development District (“District”) prior to June 15, 2025, proposed budgets (“Proposed Budget”) for the fiscal year beginning October 1, 2025, and ending September 30, 2026 (“Fiscal Year 2026”); and

WHEREAS, it is in the best interest of the District to fund the administrative and operations services (together, “Services”) set forth in the Proposed Budget by levy of special assessments pursuant to Chapters 170, 190 and 197, Florida Statutes (“Assessments”), as set forth in the preliminary assessment roll included within the Proposed Budget; and
WHEREAS, the District hereby determines that benefits would accrue to the properties within the District, as outlined within the Proposed Budget, in an amount equal to or in excess of the Assessments, and that such Assessments would be fairly and reasonably allocated as set forth in the Proposed Budget; and

WHEREAS, the Board has considered the Proposed Budget, including the Assessments, and desires to set the required public hearings thereon.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE LAKE DEERCOMMUNITY DEVELOPMENT DISTRICT:

PROPOSED BUDGET APPROVED. The Proposed Budget prepared by the District Manager for Fiscal Year 2026 attached hereto as Exhibit A is hereby approved as the basis for conducting a public hearing to adopt said Proposed Budget.

DECLARING ASSESSMENTS. Pursuant to Chapters 170, 190 and 197, Florida Statutes, the Assessments shall defray the cost of the Services in the total estimated amounts set forth in the Proposed Budget. The nature of, and plans and specifications for, the Services to be funded by the Assessments are described in the Proposed Budget and in the reports (if any) of the District Engineer, all of which are on file and available for public inspection at the “District’s Office,” c/o Governmental Management Services-CF, LLC, 219 E. Livingston St., Orlando, FL 32801. The Assessments shall be levied within the District on all benefitted lots and lands, and shall be apportioned, all as described in the Proposed Budget and the preliminary assessment

roll included therein. The preliminary assessment roll is also on file and available for public inspection at the District’s Office. The Assessments shall be paid in one or more installments pursuant to a bill issued by the District in November of 2025, and pursuant to Chapter 170, Florida Statutes, or, alternatively, pursuant to the Uniform Method as set forth in Chapter 197, Florida Statutes.

SETTING PUBLIC HEARINGS. Pursuant to Chapters 170, 190, and 197, Florida Statutes, public hearings on the approved Proposed Budget and the Assessments are hereby declared and set for the following date, hour and location:
DATE:	Wednesday, July 16, 2025
HOUR:	2:00 PM
LOCATION:	Prime HOA Offices 375 Avenue A S.E.
Winter Haven, Florida 33880
TRANSMITTAL OF PROPOSED BUDGET TO LOCAL GENERAL
PURPOSE GOVERNMENT. The District Manager is hereby directed to submit a copy of the Proposed Budget to Polk County at least 60 days prior to the hearing set above.
POSTING OF PROPOSED BUDGET. In accordance with Section 189.016, Florida Statutes, the District’s Secretary is further directed to post the approved Proposed Budget on the District’s website at least two days before the budget hearing date as set forth in Section 3 and shall remain on the website for at least 45 days.
PUBLICATION OF NOTICE. The District shall cause this Resolution to be published once a week for a period of two weeks in a newspaper of general circulation published in Polk County. Additionally, notice of the public hearings shall be published in the manner prescribed in Florida law.

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 immediately upon adoption.

PASSED AND ADOPTED THIS 16th DAY OF APRIL 2025.

ATTEST:	LAKE DEERCOMMUNITY
DEVELOPMENT DISTRICT

By: 	

Secretary	Its: 	

Exhibit A:	Proposed Budget for Fiscal Year 2026

Lake Deer
Community Development District

Proposed Budget
FY2026

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Table of Contents

1-2

3-7

8

9

General Fund

General Fund Narrative

Debt Service Fund Series 2022

Amortization Schedule Series 2022

10	Capital Reserve

Adopted Budget
Description	FY2025	Actuals Thru
2/28/25	Projected Next
7 Months	Projected Thru
9/30/25	Proposed Budget
FY2026	

Revenues						
Assessments	$	477,399	$	469,179	$	8,219	$	477,399	$	602,766	

Carry Forward Surplus

$	-	$

-	$	-	$	-	$	-

Total Revenues	$	477,399	$	469,179	$	8,219	$	477,399	$	602,766	

Expenditures						
General & Administrative
Supervisor Fees	
$	12,000	
$	800	
$	7,000	
$	7,800	
$	12,000	
Engineering	$	12,500	$	1,409	$	7,292	$	8,700	$	12,500	
Attorney	$	25,000	$	3,013	$	14,583	$	17,596	$	25,000	
Annual Audit	$	6,000	$	-	$	6,000	$	6,000	$	6,000	
Assessment Administration	$	5,250	$	5,250	$	-	$	5,250	$	5,408	
Arbitrage	$	450	$	450	$	-	$	450	$	450	
Dissemination	$	5,565	$	2,919	$	3,246	$	6,165	$	5,565	
Amortization Schedules	$	-	$	-	$	-	$	-	$	1,000	
Trustee Fees	$	4,500	$	-	$	4,500	$	4,500	$	4,500	
Management Fees	$	42,500	$	17,708	$	24,792	$	42,500	$	45,000	
Information Technology	$	1,890	$	788	$	1,103	$	1,890	$	1,947	
Website Maintenance	$	1,260	$	525	$	735	$	1,260	$	1,298	
Postage & Delivery	$	1,000	$	547	$	583	$	1,131	$	1,000	
Insurance	$	6,429	$	5,981	$	-	$	5,981	$	6,878	
Copies	$	500	$	-	$	292	$	292	$	500	
Legal Advertising	$	2,500	$	-	$	1,458	$	1,458	$	2,500	
Other Current Charges	$	2,000	$	320	$	1,167	$	1,487	$	2,000	
Office Supplies	$	625	$	9	$	365	$	374	$	625	
Dues, Licenses & Subscriptions	$	175	$	175	$	-	$	175	$	175	
Total General & Administrative	$	130,144	$	39,894	$	73,115	$	113,009	$	134,345	

Operations & Maintenance						
Field Expenditures
Property Insurance	
$	10,000	
$	8,878	
$	-	
$	8,878	
$	10,210	
Field Management	$	15,000	$	6,250	$	8,750	$	15,000	$	15,450	
Landscape Maintenancce	$	55,580	$	35,160	$	49,224	$	84,384	$	84,384	
Landscape Replacement	$	10,000	$	6,600	$	2,500	$	9,100	$	10,000	
Lake Maintenance	$	12,600	$	5,250	$	9,800	$	15,050	$	16,800	
Streetlights	$	45,000	$	-	$	10,000	$	10,000	$	45,000	
Electric	$	3,500	$	86	$	175	$	261	$	3,500	
Water & Sewer	$	10,000	$	18,748	$	21,000	$	39,748	$	36,000	
Sidewalk & Asphalt Maintenance	$	2,500	$	-	$	1,458	$	1,458	$	2,500	
Irrigation Repairs	$	7,500	$	716	$	4,375	$	5,091	$	7,500	
General Repairs & Maintenance	$	15,000	$	1,403	$	8,750	$	10,153	$	15,000	
Field Contingency	$	7,500	$	31,504	$	4,375	$	35,879	$	10,000	
Subtotal Field Expenditures	$	194,180	$	114,595	$	120,407	$	235,002	$	256,344	

	Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Proposed Budget	
Description	FY2025	2/28/25	7 Months	9/30/25	FY2026	
Amenity Expenditures
Amenity - Electric	
$	14,400	
$	4,155	
$	5,816	
$	9,971	
$	14,400	
Amenity - Water	$	4,500	$	4,158	$	5,822	$	9,980	$	10,000	
Playground Lease	$	36,375	$	15,153	$	21,219	$	36,371	$	36,366	
Internet	$	2,500	$	325	$	1,458	$	1,783	$	2,500	
Pest Control	$	1,300	$	380	$	758	$	1,138	$	1,300	
Janitorial Services	$	15,000	$	3,313	$	8,750	$	12,063	$	15,000	
Security Services	$	34,000	$	-	$	3,920	$	3,920	$	12,500	
Pool Maintenance	$	15,000	$	11,248	$	18,200	$	29,448	$	32,136	
Amenity Management	$	12,500	$	5,208	$	7,292	$	12,500	$	12,875	
Amenity Repairs & Maintenance	$	10,000	$	-	$	2,500	$	2,500	$	10,000	
Holiday Lighting	$	-	$	-	$	-	$	-	$	7,500	
Amenity Contingency	$	7,500	$	2,756	$	2,500	$	5,256	$	7,500	
Subtotal Amenity Expenditures	$	153,075	$	46,696	$	78,235	$	124,931	$	162,077	
						
Total Operations & Maintenance	$	347,255	$	161,291	$	198,643	$	359,933	$	418,421	
Capital Improvements						

Transfer Out- Capital Reserve	
$		
$		
$		
$		
$	
50,000	
Capital Improvement Expenditures	$	$	$	$	$	50,000	

-	-	-	-

-	-	-	-

Total Expenditures

$

477,399	$

201,184	$

271,758	$

472,942	$

602,766

Excess Revenues/(Expenditures)

$

-	$

267,995	$	(263,539)  $

4,457	$

-

Gross Assessments $	648,135
Discount  $	(45,369) 
Net Assessments $	602,766

Product	
Assessable Units	
Net Assessments	
Net Per Unit	
Gross Per Unit	
Single Family	577	$602,766	$1,044.65	$1,123.28	
	577	$602,766			

Product	
FY2026	
FY2025	Increase/ (Decrease)	
	Single Family	$1,123.28	$889.66	$233.62	

Revenues:

Assessments

The District will levy a non-ad valorem assessment on all the assessable property within the District in order to pay for operating expenditures during the fiscal year.

Expenditures:

General & Administrative:

Supervisor Fees

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

Engineering

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

Attorney

The District's legal counsel, Kilinski | Van Wyk, will be providing general legal services to the District, e.g. attendance and preparation for meetings, preparation and review of agreements, resolutions, etc. as directed by the Board of Supervisors and the District Manager.

Annual Audit

The District is required by Florida Statutes to arrange for an independent audit of its financial records on an annual basis. The District has an agreement with Grau & Associates.

Assessment Administration

The District has contracted Governmental Management Services – Central Florida, LLC, to levy and administer the collection of non-ad valorem assessment on all assessable property within the District.

Arbitrage

The District has contracted AMTEC to annually calculate the District’s Arbitrage Rebate Liability on its Series 2022 bond issuance.

Dissemination

The District is required by the Security and Exchange Commission to comply with Rule 15c2-12(b)(5) which relates to additional reporting requirements for unrated bond issues. This cost is contracted with Governmental Management Services – Central Florida, LLC for its Series 2022 bond issuance.

Amortization Schedules

In the event of an Optional Redemption, an additional is incurred for the creation of new revised amortization schedule. The fee is per schedule, per bond issue.

Trustee Fees

The District will incur trustee related costs with the issuance of its Series 2022 bond.
Management Fees

The District receives Management, Accounting and Administrative services as part of a Management Agreement with Governmental Management Services-Central Florida, LLC. The services include but are not limited to, recording and transcription of board meetings, administrative services, budget preparation, all financial reports, annual audits, etc.

Information Technology

Represents various cost with Governmental Management Services – Central Florida LLC of information technology for the District with such as video conferencing, cloud storage and servers, positive pay implementation and programming for fraud protection, accounting software, tablets for meetings, Adobe, Microsoft Office, etc.

Website Maintenance

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

Postage & Delivery

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

Insurance

The District’s general liability and public official’s liability insurance coverages with Florida Insurance Alliance.

Copies

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

Legal Advertising

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

Other Current Charges

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

Office Supplies

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

Dues, Licenses & Subscriptions

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

Operations & Maintenance:

Field Expenditures

Property Insurance

The District’s estimated property insurance coverages with Florida Insurance Alliance.

Field Management

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

Landscape Maintenance

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

Landscape Replacement

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

Lake Maintenance

Represents the estimated costs to maintain the lakes within the District’s boundaries.

Streetlights

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

Electric

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

Water & Sewer

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

Irrigation Repairs

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

General Repairs & Maintenance

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

Field Contingency

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

Amenity Expenditures

Amenity - Electric

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

Amenity – Water

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

Playground Lease

The District will enter into a leasing agreement for playgrounds installed in the community.

Internet

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

Pest Control

The District will incur costs for pest control treatments to its amenity facilities.

Janitorial Services

Represents estimated costs to provide janitorial services and supplies for the District’s amenity facilities.

Security Services

Represents the estimated cost of contracting a monthly security service for the District’s amenity facilities.

Pool Maintenance

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

Amenity Management

Amenity Management provides access card issuance through registration, proof of residency, and photo identification. The team also provides keycard troubleshooting for issues and concerns related to access control. Staff reviews security concerns and amenity policy violations via remote camera monitoring on an as- needed basis. Districts are provided electronic communication for District news and direct remote customer service through phone and email directly to the Amenity Access Team.

Amenity Repairs & Maintenance

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

Holiday Lighting

Represents funds allocated to decorate the District for holiday seasons.

Amenity Contingency

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

Lake Deer
Community Development District Proposed Budget
Debt Service Fund Series 2022

Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Proposed Budget	
Description	FY2025	2/28/25	7 Months	9/30/25	FY2026	

Revenues						
Assessments - On Roll	$	636,656	$	625,692	$	10,963	$	636,656	$	636,656	
Assessments - Prepayments	$	-	$	1,236,255	$	-	$	1,236,255	$	-	
Assessments - Lot Closing	$	-	$	-	$	-	$	-	$	-	
Interest	$	90,784	$	35,100	$	49,140	$	84,240	$	42,120	
Carryforward Surplus	$	249,601	$	1,026,267	$	-	$	1,026,267	$	757,678	
Total Revenues	$	977,040	$	2,923,314	$	60,104	$	2,983,418	$	1,436,453	

Expenditures						
Interest Payment - 11/01	$	249,303	$	249,303	$	-	$	249,303	$	209,500	
Special Call - 11/01	$	-	$	10,000	$	-	$	10,000	$	-	
Special Call - 02/01	$	-	$	1,335,000	$	-	$	1,335,000	$	-	
Interest Payment - 02/01	$	-	$	18,267	$	-	$	18,267	$	-	
Special Call - 05/01	$	-	$	-	$	15,000	$	15,000	$	-	
Interest Payment - 05/01	$	249,303	$	-	$	115,000	$	115,000	$	209,500	
Principal Payment - 05/01	$	135,000	$	-	$	212,506	$	212,506	$	120,000	
Transfer Out	$	-	$	270,664	$	-	$	270,664	$	-	
Total Expenditures	$	633,606	$	1,883,234	$	342,506	$	2,225,741	$	539,000	
						
Net Change in Fund Balance	$	343,434	$	1,040,080	$	(282,403)	$	757,678	$	897,453	

Interest Payment 11/1/26  $	206,800	

Product	
Assessable Units	Maximum Annual Debt Service	
Net Per Unit	
Gross Per Unit	
Single Family	83	$174,953	$2,108	$2,266.53	
Single Family - Paid Down	342	$461,702	$1,350	$1,451.62	
No Debt	152	$0	$0	$0	
	577	$636,656			

Lake Deer Community Development District Special Assessment Bonds Series 2022
Amortization Schedule

DATE	BALANCE	PRINCIPAL	INTEREST	TOTAL

11/01/25	$	7,630,000.00	$	
05/01/26	$	7,630,000.00	$	120	
11/01/26	$	7,510,000.00	$	
05/01/27	$	7,510,000.00	$	125	
11/01/27	$	7,385,000.00	$	
05/01/28	$	7,385,000.00	$	135	
11/01/28	$	7,250,000.00	$	
05/01/29	$	7,250,000.00	$	140	
11/01/29	$	7,110,000.00	$	
05/01/30	$	7,110,000.00	$	150	
11/01/30	$	6,960,000.00	$	
05/01/31	$	6,960,000.00	$	155	
11/01/31	$	6,805,000.00	$	
05/01/32	$	6,805,000.00	$	165	
11/01/32	$	6,640,000.00	$	
05/01/33	$	6,640,000.00	$	170	
11/01/33	$	6,470,000.00	$	
05/01/34	$	6,470,000.00	$	180	
11/01/34	$	6,290,000.00	$	
05/01/35	$	6,290,000.00	$	190	
11/01/35	$	6,100,000.00	$	
05/01/36	$	6,100,000.00	$	205	
11/01/36	$	5,895,000.00	$	
05/01/37	$	5,895,000.00	$	215	
11/01/37	$	5,680,000.00	$	
05/01/38	$	5,680,000.00	$	225	
11/01/38	$	5,455,000.00	$	
05/01/39	$	5,455,000.00	$	240	
11/01/39	$	5,215,000.00	$	
05/01/40	$	5,215,000.00	$	250	
11/01/40	$	4,965,000.00	$	
05/01/41	$	4,965,000.00	$	265	
11/01/41	$	4,700,000.00	$	
05/01/42	$	4,700,000.00	$	280	
11/01/42	$	4,420,000.00	$	
05/01/43	$	4,420,000.00	$	300	
11/01/43	$	4,120,000.00	$	
05/01/44	$	4,120,000.00	$	315	
11/01/44	$	3,805,000.00	$	
05/01/45	$	3,805,000.00	$	335	
11/01/45	$	3,470,000.00	$	
05/01/46	$	3,470,000.00	$	355	
11/01/46	$	3,115,000.00	$	
05/01/47	$	3,115,000.00	$	375	
11/01/47	$	2,740,000.00	$	
05/01/48	$	2,740,000.00	$	395	
11/01/48	$	2,345,000.00	$	
05/01/49	$	2,345,000.00	$	420	
11/01/49	$	1,925,000.00	$	
05/01/50	$	1,925,000.00	$	440	
11/01/50	$	1,485,000.00	$	
05/01/51	$	1,485,000.00	$	465	
11/01/51	$	1,020,000.00	$	
05/01/52	$	1,020,000.00	$	495	
11/01/52	$	525,000.00	$	
05/01/53	$	525,000.00	$	525	
			$	7,630	

$	209,500.00	$	209,500.00	
$	209,500.00	$	-	
$	206,800.00	$	536,300.00	
$	206,800.00	$	-	
$	203,987.50	$	535,787.50	
$	203,987.50	$	-	
$	200,612.50	$	539,600.00	
$	200,612.50	$	-	
$	197,112.50	$	537,725.00	
$	197,112.50	$	-	
$	193,362.50	$	540,475.00	
$	193,362.50	$	-	
$	189,487.50	$	537,850.00	
$	189,487.50	$	-	
$	185,362.50	$	539,850.00	
$	185,362.50	$	-	
$	180,687.50	$	536,050.00	
$	180,687.50	$	-	
$	175,737.50	$	536,425.00	
$	175,737.50	$	-	
$	170,512.50	$	536,250.00	
$	170,512.50	$	-	
$	164,875.00	$	540,387.50	
$	164,875.00	$	-	
$	158,962.50	$	538,837.50	
$	158,962.50	$	-	
$	152,775.00	$	536,737.50	
$	152,775.00	$	-	
$	146,175.00	$	538,950.00	
$	146,175.00	$	-	
$	139,300.00	$	535,475.00	
$	139,300.00	$	-	
$	132,012.50	$	536,312.50	
$	132,012.50	$	-	
$	124,312.50	$	536,325.00	
$	124,312.50	$	-	
$	115,875.00	$	540,187.50	
$	115,875.00	$	-	
$	107,015.63	$	537,890.63	
$	107,015.63	$	-	
$	97,593.75	$	539,609.38	
$	97,593.75	$	-	
$	87,609.38	$	540,203.13	
$	87,609.38	$	-	
$	77,062.50	$	539,671.88	
$	77,062.50	$	-	
$	65,953.13	$	538,015.63	
$	65,953.13	$	-	
$	54,140.63	$	540,093.75	
$	54,140.63	$	-	
$	41,765.63	$	535,906.25	
$	41,765.63	$	-	
$	28,687.50	$	535,453.13	
$	28,687.50	$	-	
$	14,765.63	$	538,453.13	
$	14,765.63	$	539,765.63	

-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00

,000.00  $

7,644,087.50  $

15,274,087.50

Lake Deer
Community Development District
Capital Reserve Fund

		Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Proposed Budget	
	Description	FY2025	2/28/25	7 Months	9/30/25	FY2026	

Revenues							

Carry Forward Surplus	
$	-	$	-	$	-	$	-	$	-	
Interest Income	$	-	$	-	$	-	$	-	$	-	
Total Revenues	$	-	$	-	$	-	$	-	$	-	

Expenditures		
Capital Outlay	$	-	$	-	$	-	$	-	$	-	
Other Current Charges	$	-	$	-	$	-	$	-	$	-	
Total Expenses	$	-	$	-	$	-	$	-	$	-	

Other Sources and Uses		
Transfer In	$	-	$	-	$	-	$	-	$	50,000	
Total Other Sources and Uses	$	-	$	-	$	-	$	-	$	50,000	
		
Excess Revenues/(Expenditures)	$	-	$	-	$	-	$	-	$	50,000	

Section V

Section C

Lake Deer CDD
Field Management Report

April 16th, 2025 Joel Blanco Field Manager GMS

1

Lake Deer CDD Field Management Report | GMS 2025

Site Item

Landscape Review

Field Staff has reviewed the landscaping throughout the district.
Landscaping throughout the district remains in satisfactory conditions— neat and tidy including all pond tracts.
Landscaping beds have been detailed at both entrances, median on Cottontail Blvd., and around the amenity.
Hanging branches have been cut back on the railing by the roundabout on Viceroy Ct.
Some flax lilies were found stressed and declining at the Cottontail Blvd. entrance. Vendor is reviewing the irrigation zone in that area. We will advise the board on their findings.

2

Lake Deer CDD Field Management Report | GMS 2025

Site Item

Pond Review

Field Staff has reviewed the ponds throughout the district.
The new aquatics vendor started on March 1st to service all the ponds.
Ponds were found in excellent conditions— mostly free of algae or with present algae/submersive weeds treated and high water quality—blue and clear. Vendor removed all yellow turbidity barriers in the pond.
During reviews several ponds were spotted with some trash at the edges. We are coordinating our maintenance staff to remove all the trash in the ponds.

3

Lake Deer CDD Field Management Report | GMS 2025

Site Item

Amenity Review

Field Staff has continued to review the district amenities. Pool area remains in satisfactory conditions – consistently clean and free of trash.
Playground area remains in clean— free of trash and operable conditions. Dog parks were free of trash with waste stations serviced.
Several dog holes were found in both the small and large dog parks. We are coordinating our maintenance staff to fill the holes with rocks and fill dirt.

4

Lake Deer CDD Field Management Report | GMS 2025

In Progress

Maintenance Items

Field Staff noted several maintenance items, currently in the process of being scheduled for repairs.
(3) concrete slabs by the Cottontail Blvd. entrance were identified for sidewalks repairs.
(4) sections of PVC fence have fallen.
(4) street signs are in need of being straighten.

5

Lake Deer CDD Field Management Report | GMS 2025

6

Conclusion

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

Respectfully, Joel Blanco

Lake Deer CDD Field Management Report | GMS 2025

Section D

Section 1

Lake Deer
Community Development District

Summary of Check Register

	February 1, 2025	to March 31, 2025		
Bank	Date	Check No.'s	Amount	

General Fund				
	2/4/25	385	$	4,830.00	
	2/7/25	386-388	$	11,006.51	
	2/18/25	389-392	$	10,379.46	
	2/28/25	394	$	279.50	
	3/6/25	395	$	890.00	
	3/10/25	395	$	3,120.00	
	3/11/25	397-398	$	1,000.00	
	3/17/25	399-402	$	37,435.45	
	3/21/25	403-405	$	3,258.05	
	3/24/25	406-407	$	1,119.00	
	3/28/25	408-411	$	7,431.70	
	3/31/25	412	$	122.40	
			$	-	
			$	80,872.07	
		Total Amount	$	80,872.07	

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	4/09/25	PAGE	1
*** CHECK DATES 02/01/2025 - 03/31/2025 ***	LAKE DEER CDD GENERAL FUND
BANK A GENERAL FUND
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
2/04/25 00044	1/08/25 1293	202501 300-20700-10200	*	4,830.00
031 FR#53
WILDMON CONSTRUCTION LLC	4,830.00 000385
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/07/25 00060	1/28/25 14185	202501 330-57200-48200	*	944.00
CLEANING SVCS JAN25
CSS CLEAN STAR SERVICES OF CENTRAL	944.00 000386
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/07/25 00048	2/01/25 16262	202502 320-53800-46200	*	7,032.00
LANDSCAPE MAINT FEB25
PRINCE & SONS, INC.	7,032.00 000387
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/07/25 00050	2/07/25 02072025 202502 300-15500-10000	*	3,030.51
PLAYGROUND LEASE MAR25
THM LEASING, LLC	3,030.51 000388
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/18/25 00001	2/01/25 74	202502 310-51300-34000	*	3,541.67
MANAGEMENT FEES FEB25
2/01/25 74	202502 310-51300-35200	*	105.00
WEBSITE ADMIN FEB25
2/01/25 74	202502 310-51300-35100	*	157.50
INFORMATION TECH FEB25
2/01/25 74	202502 310-51300-31300	*	463.75
DISSEMINATION SVCS FEB25
2/01/25 74	202502 330-57200-48300	*	1,041.67
AMENITY ACCESS FEB25
2/01/25 74	202502 310-51300-51000	*	.72
OFFICE SUPPLIES FEB25
2/01/25 74	202502 310-51300-42000	*	60.20
POSTAGE FEB25
2/01/25 75	202502 320-53800-34000	*	1,250.00
FIELD MANAGEMENT FEB25
GOVERNMENTAL MANAGEMENT SERVICES-CF	6,620.51 000389
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/18/25 00056	2/01/25 26422	202502 330-57200-48500	*	2,600.00
POOL MAINTENANCE FEB25
MCDONNELL CORPORATION DBA RESORT	2,600.00 000390
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/18/25 00048	2/10/25 16417	202502 320-53800-47300	*	108.95
LABOR/REPLC BROKN SPRAYS
PRINCE & SONS, INC.	108.95 000391
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/18/25 00047	2/01/25 PSI14052 202502 320-53800-47000	*	1,050.00 LAKE MAINTENANCE FEB25
SOLITUDE LAKE MANAGEMENT LLC DBA	1,050.00 000392
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
LKDR LAKE DEER	HHENRY

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	4/09/25	PAGE	2
*** CHECK DATES 02/01/2025 - 03/31/2025 ***	LAKE DEER CDD GENERAL FUND
BANK A GENERAL FUND
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
2/24/25 00049 12/12/24 6002	202412 330-57200-60000	*	54,750.00
PLYGRND EQUIP BALANCE DUE
LEGACY CONSTRUCTION SERVICES GROUP	54,750.00 000393
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/21/25 00049 12/12/24 6002	202412 330-57200-60000	V	54,750.00- PLYGRND EQUIP BALANCE DUE
LEGACY CONSTRUCTION SERVICES GROUP	54,750.00-000393
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/28/25 00006	2/20/25 11470	202501 310-51300-31500	*	279.50
GERERAL COUNSEL JAN25
KILINSKI VAN WYK PLLC	279.50 000394
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/06/25 00024 12/11/24 3921974	202503 300-20700-10200	*	890.00
031 FR#54
HUB INTERNATIONAL MIDWEST LIMITED	890.00 000395

300-20700-10200	*	2,970.00	
300-20700-10200	*	150.00	

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/10/25 00063	2/04/25 ARIV1032 202503
031 FR#56
2/06/25 ARIV1032 202503
031 FR#55
QUIDDITY ENGINEERING	3,120.00 000396
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/11/25 00060	2/27/25 14412	202502 330-57200-48200	*	910.00
CLEANING SVCS FEB25
CSS CLEAN STAR SERVICES OF CENTRAL	910.00 000397
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/11/25 00061	2/11/25 64121412 202502 330-57200-48100	*	90.00
PEST CONTROL FEB25
MASSEY SERVICES, INC.	90.00 000398
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/17/25 00058	2/06/25 20-25	202502 320-53800-49000	*	20,970.00
COMM FENCE REPAIR FINAL
DAVID LEE NICHOLS DBA HILLCREST	20,970.00 000399
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/17/25 00001	3/01/25 76	202503 310-51300-34000	*	3,541.67
MANAGEMENT FEES MAR25
3/01/25 76	202503 310-51300-35200	*	105.00
WEBSITE ADMIN MAR25
3/01/25 76	202503 310-51300-35100	*	157.50
INFORMATION TECH MAR25
3/01/25 76	202503 310-51300-31300	*	463.75
DISSEMINATION SVCS MAR25
3/01/25 76	202503 330-57200-48300	*	1,041.67
AMENITY ACCESS MAR25
3/01/25 76	202503 310-51300-51000	*	3.25
OFFICE SUPPLIES MAR25
LKDR LAKE DEER	HHENRY

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	4/09/25	PAGE	3
*** CHECK DATES 02/01/2025 - 03/31/2025 ***	LAKE DEER CDD GENERAL FUND
BANK A GENERAL FUND
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#

310-51300-42000	*	79.00	
310-51300-42500	*	3.75	

3/01/25 76	202503
POSTAGE MAR25
3/01/25 76	202503
COPIES MAR25
3/01/25 77	202503 320-53800-34000	*	1,250.00
FIELD MANAGEMENT MAR25
GOVERNMENTAL MANAGEMENT SERVICES-CF	6,645.59 000400
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/17/25 00056	3/01/25 26749	202503 330-57200-48500	*	2,600.00
POOL MAINTENANCE MAR25
MCDONNELL CORPORATION DBA RESORT	2,600.00 000401
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/17/25 00048	2/28/25 16780	202502 320-53800-47300	*	187.86
REP NOZZLES/SPRAY/BUBBLER
3/01/25 16674	202503 320-53800-46200	*	7,032.00
LANDSCAPE MAINT MAR25
PRINCE & SONS, INC.	7,219.86 000402
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/21/25 00001	1/31/25 78	202501 320-53800-48000	*	1,402.77
GENERAL MAINTENANCE JAN25
GOVERNMENTAL MANAGEMENT SERVICES-CF	1,402.77 000403
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/21/25 00006	3/19/25 11715	202502 310-51300-31500	*	1,765.28
GENERAL COUNSEL FEB25
KILINSKI VAN WYK PLLC	1,765.28 000404
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/21/25 00061	3/06/25 64482090 202503 330-57200-48100	*	90.00
PEST CONTROL MAR25
MASSEY SERVICES, INC.	90.00 000405
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/24/25 00013	2/24/25 22438670 202503 300-20700-10200	*	525.00
031 FR#57
DEWBERRY ENGINEERS INC.	525.00 000406
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/24/25 00063	2/26/25 ARIV1033 202503 300-20700-10200	*	594.00
031 FR#57
QUIDDITY ENGINEERING	594.00 000407
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/28/25 00064	3/20/25 40766	202503 330-57200-49000	*	160.00
BACKFLOW TEST MAR25
AARON'S BACKFLOW SERVICES, INC.	160.00 000408
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/28/25 00065	3/27/25 112265	202503 330-57200-34500	*	3,482.69
INSTL 4 SECURITY CAMERAS
CURRENT DEMANDS ELECTRICAL &	3,482.69 000409
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
LKDR LAKE DEER	HHENRY

AP300R
*** CHECK DATES	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER
BANK A GENERAL FUND		RUN	4/09/25	PAGE	4	
CHECK	VEND# DATE	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS			AMOUNT	....CHECK..... AMOUNT	#	
3/28/25 00013	3/24/25 22441473 202502 310-51300-31100	*
DEWBERRY ENGINEERS INC.			758.50	
758.50 000410	
- - - - - - - - 3/28/25 00050	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/28/25 03282025 202503 300-15500-10000	*
THM LEASING, LLC	-	- -	- - - - -	- - - - - - - -

3,030.51 000411	
- - - - - - - - 3/31/25 00066	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/31/25 03312025 202503 300-21700-10000	*
UNITED STATES TREASURY	-	- -	- - - - -	- - - - - - - -

122.40 000412	
- - - - - - - -	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	-	- -	- - - - -	- - - - - - - -	

02/01/2025 - 03/31/2025 ***	LAKE DEER CDD GENERAL FUND

GENERAL ENGINEERING FEB25

PLAYGROUND LEASE APR25

3,030.51

IRS TAX PAYMENT 03/31/25

122.40

TOTAL FOR BANK A	80,872.07
TOTAL FOR REGISTER	80,872.07

LKDR LAKE DEER	HHENRY

Section 2

Lake Deer
Community Development District

Unaudited Financial Reporting
February 28, 2025

Table of Contents

1		Balance Sheet	

2-3	
	General Fund	

4	
	Debt Service Fund Series 2022	

5	
	Capital Project Fund Series 2022	

6-7	
	Month to Month	

8	
	Long Term Debt Report	

9	
	Assessment Receipt Schedule	

Combined Balance Sheet February 28, 2025

General Fund	Debt Service Fund	Capital Project Fund	Totals Governmental Funds	

Assets:
Cash:				
Operating Account-Wells Fargo	$	707,506	$	-	$	-	$	707,506	
Due from Developer	$	-	$	-	$	1,040	$	1,040	
Due from General Fund	$	-	$	154,567	$	-	$	154,567	

Investments: Series 2022
Reserve	

$	-	$	272,039  $	-	$	272,039	
Revenue	$	-	$	876,421  $	-	$	876,421	
Prepayment	$	-	$	9,092  $	-	$	9,092	
Construction	$	-	$	-	$	270,722  $	270,722	
Prepaid Expenses	$	3,031  $	-	$	-	$	3,031	
Total Assets	$	710,536	$	1,312,119	$	271,762	$	2,294,417	

Liabilities:
Accounts Payable	

$	26,084  $	-	$	1,040  $	27,124	
Accrued Expenses	$	-	$	-	$	-	$	-	
Retainage Payable	$	-	$	-	$	-	$	-	
Due to Debt Service	$	154,567  $	-	$	-	$	154,567	
Total Liabilites	$	180,652	$	-  $	1,040	$	181,692	

Fund Balance:
Nonspendable: Prepaid Items	

$	3,031  $	-	$	-	$	3,031	
Restricted for:		
Debt Service	$	-	$	1,312,119	$	-	$	1,312,119	
Capital Project Assigned for: Unassigned	

$	526,854	

$	-	$	270,722

$	-	$	270,722

$	526,854	
Total Fund Balances	$	529,885	$	1,312,119	$	270,722	$	2,112,725	
					
Total Liabilities & Fund Balance	$	710,536	$	1,312,119	$	271,762	$	2,294,417	

Adopted	Prorated Budget	Actual	
Budget	Thru 02/28/25	Thru 02/28/25	Variance	

Revenues:		
Special Assessments - Tax Roll	$	477,399	$	469,179	$	469,179	$	-	
Interest Income	$	-	$	-	$	-	$	-	
Total Revenues	$	477,399	$	469,179	$	469,179	$	-	

Expenditures:					
General & Administrative:					
Supervisor Fees	$	12,000	$	5,000	$	800	$	4,200	
Engineering	$	12,500	$	5,208	$	1,409	$	3,800	
Attorney	$	25,000	$	10,417	$	3,013	$	7,404	
Annual Audit	$	6,000	$	-	$	-	$	-	
Assessment Administration	$	5,250	$	5,250	$	5,250	$	-	
Arbitrage Rebate	$	450	$	450	$	450	$	-	
Dissemination Agent	$	5,565	$	2,919	$	2,919	$	-	
Trustee Fees	$	4,500	$	-	$	-	$	-	
Management Fees	$	42,500	$	17,708	$	17,708	$	(0)	
Information Technology	$	1,890	$	788	$	788	$	-	
Website Maintenance	$	1,260	$	525	$	525	$	-	
Postage & Delivery	$	1,000	$	417	$	547	$	(131)	
Insurance General Liability	$	6,429	$	6,429	$	5,981	$	447	
Printing & Binding	$	500	$	208	$	-	$	208	
Legal Advertising	$	2,500	$	1,042	$	-	$	1,042	
Administrative Contingency	$	2,000	$	833	$	320	$	513	
Office Supplies	$	625	$	260	$	9	$	251	
Dues, Licenses & Subscriptions	$	175	$	175	$	175	$	-	
Total General & Administrative	$	130,144	$	57,629	$	39,894	$	17,735	

Adopted	Prorated Budget	Actual	
Budget	Thru 02/28/25	Thru 02/28/25	Variance	

Operations & Maintenance		
Field Expenditures
Property Insurance	

$	10,000	

$	10,000	

$	8,878	

$	1,122	
Field Management	$	15,000	$	6,250	$	6,250	$	-	
Landscape Maintenancce	$	55,580	$	23,158	$	35,160	$	(12,002)	
Landscape Replacement	$	10,000	$	6,600	$	6,600	$	-	
Lake Maintenance	$	12,600	$	5,250	$	5,250	$	-	
Streetlights	$	45,000	$	18,750	$	-	$	18,750	
Electric	$	3,500	$	1,458	$	86	$	1,372	
Water & Sewer	$	10,000	$	4,167	$	18,748	$	(14,581)	
Sidewalk & Asphalt Maintenance	$	2,500	$	1,042	$	-	$	1,042	
Irrigation Repairs	$	7,500	$	3,125	$	716	$	2,409	
General Repairs & Maintenance	$	15,000	$	6,250	$	1,403	$	4,847	
Field Contingency	$	7,500	$	7,500	$	31,504	$	(24,004)	
Total Field Expenditures	$	194,180	$	93,550	$	114,595	$	(21,045)	

Amenity Expenditures
Amenity - Electric	

$	14,400	

$	6,000	

$	4,155	

$	1,845	
Amenity - Water	$	4,500	$	1,875	$	4,158	$	(2,283)	
Playground Lease	$	36,375	$	15,156	$	15,153	$	4	
Internet	$	2,500	$	1,042	$	325	$	717	
Pest Control	$	1,300	$	542	$	380	$	162	
Janitorial Services	$	15,000	$	6,250	$	3,313	$	2,937	
Security Services	$	34,000	$	14,167	$	-	$	14,167	
Pool Maintenance	$	15,000	$	6,250	$	11,248	$	(4,998)	
Amenity Management	$	12,500	$	5,208	$	5,208	$	(0)	
Amenity Repairs & Maintenance	$	10,000	$	4,167	$	-	$	4,167	
Amenity Contingency	$	7,500	$	3,125	$	2,756	$	369	
Total Amenity Expenditures	$	153,075	$	63,781	$	46,696	$	17,085	
					
Total Operations & Maintenance	$	347,255	$	157,331	$	161,291	$	(3,959)	
					
Total Expenditures	$	477,399	$	214,960	$	201,184	$	13,776	
					
Excess (Deficiency) of Revenues over Expenditures	$	-	$	254,220	$	267,995	$	13,776	

Other Financing Sources/(Uses):					
Lease Proceed	$	-	$	-	$	-	$	-	
Total Other Financing Sources/(Uses)	$	-	$	-	$	-	$	-	
					
Net Change in Fund Balance	$	-	$	254,220	$	267,995	$	13,776	
					
Fund Balance - Beginning	$	-		$	261,889		
					
Fund Balance - Ending	$	-		$	529,885		

Revenues:					
Assessments - On Roll	$	636,656	$	625,692	$	625,692	$	-	
Assessments - Prepayments	$	-	$	-	$	1,236,255	$	1,236,255	
Assessments - Lot Closing	$	-	$	-	$	-	$	-	
Interest Income	$	90,784	$	37,826	$	35,100	$	(2,726)	
Total Revenues	$	727,439	$	663,519	$	1,897,048	$	1,233,529	

Expenditures:					
Interest - 11/1	$	249,303	$	249,303	$	249,303	$	-	
Special Call - 11/1	$	-	$	-	$	10,000	$	(10,000)	
Special Call - 2/1	$	-	$	-	$	1,335,000	$	(1,335,000)	
Interest - 2/1	$	-	$	-	$	18,267	$	(18,267)	
Principal - 5/1	$	135,000	$	-	$	-	$	-	
Interest - 5/1	$	249,303	$	-	$	-	$	-	
Total Expenditures	$	633,606	$	249,303	$	1,612,570	$	(1,363,267)	
					
Excess (Deficiency) of Revenues over Expenditures	$	93,833	$	414,216	$	284,477	$	(129,738)	

Other Financing Sources/(Uses):					
Transfer In/(Out)	$	-	$	-	$	(270,664)	$	(270,664)	
Total Other Financing Sources/(Uses)	$	-	$	-	$	(270,664)	$	(270,664)	
					
Net Change in Fund Balance	$	93,833	$	414,216	$	13,813	$	(400,402)	
					
Fund Balance - Beginning	$	249,601		$	1,298,306		
					
Fund Balance - Ending	$	343,434		$	1,312,119		

Adopted	Prorated Budget	Actual	
Budget	Thru 02/28/25	Thru 02/28/25	Variance	

Revenues		
Developer Contribution	$	-	$	-	$	9,250	$	9,250	
Interest Income	$	-	$	-	$	1	$	1	
Total Revenues	$	-	$	-	$	9,251	$	9,251	

Expenditures:				
Capital Outlay	$	-	$	-	$	9,250	$	(9,250)	
Total Expenditures	$	-	$	-	$	9,250	$	(9,250)	
				
Excess (Deficiency) of Revenues over Expenditures	$	-	$	-	$	1	$	1	

Other Financing Sources/(Uses)				
Transfer In/(Out)	$	-	$	-	$	270,664	$	270,664	
Total Other Financing Sources (Uses)	$	-	$	-	$	270,664	$	270,664	
				
Net Change in Fund Balance	$	-	$	-	$	270,665	$	270,665	
				
Fund Balance - Beginning	$	-	$	57		
				
Fund Balance - Ending	$	-	$	270,722		

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

Revenues:

Special Assessments - Tax Roll Interest Income

$	(5,133)  $
$	-  $

106,556  $
-  $

364,127  $
-  $

954  $
-  $

2,676  $
-  $

-  $	-  $
-  $	-  $

-  $	-  $
-  $	-  $

-  $	-  $
-  $	-  $

-  $  469,179
-  $	-

Total Revenues	$	(5,133) $  106,556  $  364,127  $	954  $	2,676  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $  469,179

Expenditures:

General & Administrative:

Supervisor Fees Engineering Attorney Annual Audit
Assessment Administration Arbitrage Rebate Dissemination Agent Trustee Fees
Management Fees Information Technology Website Maintenance Postage & Delivery Insurance General Liability Printing & Binding
Legal Advertising
Administrative Contingency Office Supplies
Dues, Licenses & Subscriptions

$	-  $
$	-  $
$	155  $
$	-  $
$	5,250  $
$	-  $
$	564  $
$	-  $
$	3,542  $
$	158  $
$	105  $
$	97  $
$	5,981  $
$	-  $
$	-  $
$	59  $
$	3  $
$	175  $

800  $
650  $
565  $
-  $
-  $
450  $
464  $
-  $
3,542  $
158  $
105  $
54  $
-  $
-  $
-  $
71  $
1  $
-  $

-  $
-  $
248  $
-  $
-  $
-  $
464  $
-  $
3,542  $
158  $
105  $
102  $
-  $
-  $
-  $
56  $
4  $
-  $

-  $
-  $
280  $
-  $
-  $
-  $
964  $
-  $
3,542  $
158  $
105  $
234  $
-  $
-  $
-  $
56  $
1  $
-  $

-  $
759  $
1,765  $
-  $
-  $
-  $
464  $
-  $
3,542  $
158  $
105  $
60  $
-  $
-  $
-  $
79  $
1  $
-  $

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

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

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

-  $	800
-  $	1,409
-  $	3,013
-  $	-
-  $	5,250
-  $	450
-  $	2,919
-  $	-
-  $	17,708
-  $	788
-  $	525
-  $	547
-  $	5,981
-  $	-
-  $	-
-  $	320
-  $	9
-  $	175

Total General & Administrative	$	16,088  $	6,859  $	4,678  $	5,338  $	6,931  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	39,894

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

Operations & Maintenance

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

$	8,878  $
$	1,250  $
$	7,032  $
$	-  $
$	1,050  $
$	-  $
$	21  $
$	2,718  $
$	-  $
$	109  $
$	-  $
$	-  $

-  $
1,250  $
7,032  $
6,600  $
1,050  $
-  $
21  $
2,642  $
-  $
80  $
-  $
10,534  $

-  $
1,250  $
7,032  $
-  $
1,050  $
-  $
21  $
5,273  $
-  $
231  $
-  $
-  $

-  $
1,250  $
7,032  $
-  $
1,050  $
-  $
23  $
2,408  $
-  $
-  $
1,403  $
-  $

-  $
1,250  $
7,032  $
-  $
1,050  $
-  $
-  $
5,707  $
-  $
297  $
-  $
20,970  $

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

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

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

-  $	8,878
-  $	6,250
-  $	35,160
-  $	6,600
-  $	5,250
-  $	-
-  $	86
-  $	18,748
-  $	-
-  $	716
-  $	1,403
-  $	31,504

Total Field Expenditures	$	21,058  $	29,209  $	14,857  $	13,166  $	36,306  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $  114,595

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

$	-  $
$	-  $
$	3,031  $
$	85  $
$	-  $
$	-  $
$	-  $
$	848  $
$	1,042  $
$	-  $
$	2,756  $
$	-  $

1,421  $
-  $
3,031  $
-  $
110  $
659  $
-  $
2,600  $
1,042  $
-  $
-  $
-  $

-  $
1,258  $
3,031  $
160  $
90  $
800  $
-  $
2,600  $
1,042  $
-  $
-  $
-  $

2,734  $
1,580  $
3,031  $
80  $
90  $
944  $
-  $
2,600  $
1,042  $
-  $
-  $
-  $

-  $
1,320  $
3,031  $
-  $
90  $
910  $
-  $
2,600  $
1,042  $
-  $
-  $
-  $

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

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

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

-  $	4,155
-  $	4,158
-  $	15,153
-  $	325
-  $	380
-  $	3,313
-  $	-
-  $	11,248
-  $	5,208
-  $	-
-  $	2,756
-  $	-

Other Financing Sources/Uses:

Lease Proceed

$

-  $

-  $

-  $

-  $

-  $

-  $

-  $

-  $

-  $

-  $

-  $

-  $

-

Net Change in Fund Balance	$  (50,040)  $	61,627  $  335,612  $  (29,650)  $  (49,554)  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $  267,995

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

Excess (Deficiency) of Revenues over Expenditures	$	(50,040)  $	61,627  $  335,612  $	(29,650)  $	(49,554)  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $  267,995

Total Expenditures	$	44,906  $	44,929  $	28,515  $	30,604  $	52,230  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $  201,184

Total Operations & Maintenance	$	28,819  $	38,071  $	23,837  $	25,265  $	45,298  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $  161,291

Total Amenity Expenditures	$	7,761  $	8,862  $	8,980  $	12,100  $	8,993  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	46,696

Lake Deer
Community Development District Long Term Debt Report

	Series 2022, Special Assessment Revenue Bonds	
Maturity Date:	5/1/53	
Optional Redemption Date:	5/1/37	
Reserve Fund Definition	Max Annual Debt Service	
Reserve Fund Requirement	$270,238	
Reserve Fund Balance	272,039	
Bonds Outstanding - 08/24/2022	$	17,750,000	
Special Call - 11/01/23	$	(1,955,000)	
Special Call - 02/01/24	$	(3,520,000)	
Principal Payment - 05/01/24	$	(175,000)	
Special Call - 05/01/24	$	(1,635,000)	
Special Call - 08/01/24	$	(1,360,000)	
Special Call - 11/01/24	$	(10,000)	
Special Call- 02/01/25	$	(1,335,000)	
Current Bonds Outstanding	$	7,760,000	

Lake Deer
COMMUNITY DEVELOPMENT DISTRICT

	Gross Assessments	$	513,333.82	$	684,576.03	$  1,197,909.85	
	Net Assessments	$	477,400.45	$	636,655.71	$  1,114,056.16	
ON ROLL ASSESSMENTS	
allocation in %	
42.85%	
57.15%	
100.00%	

Special Assessment Receipts - Polk County Fiscal Year 2025

Date	Distribution	635118.76	Gross Amount	Commissions	Discount/Penalty	Interest	Net Receipts	O&M Portion	2022 Debt Service	Total	

10/28/24	
CHK#335	
1 % Fee	
($11,979.10)	
$0.00	
$0.00	
$0.00	
$	(11,979.10)	
$	(5,133.34)	
$	(6,845.76)	
$	(11,979.10)	
11/26/24	ACH	11/8-11/15/24	$189,573.61	($3,639.83)	($7,582.28)	$0.00	$178,351.50	$	76,428.00	$	101,923.50	$	178,351.50	
11/26/24	ACH	11/8-11/15/24	$74,731.44	($1,434.84)	($2,989.56)	$0.00	$70,307.04	$	30,128.30	$	40,178.74	$	70,307.04	
12/06/24	ACH	11/16-11/26/24	$306,291.82	($5,880.80)	($12,251.61)	$0.00	$288,159.41	$	123,483.39	$	164,676.02	$	288,159.41	
12/06/24	ACH	11/16-11/26/24	$322,946.58	($6,200.55)	($12,918.88)	$0.00	$303,827.15	$	130,197.40	$	173,629.75	$	303,827.15	
12/20/24	ACH	11/27-11/30/24	$36,476.06	($700.34)	($1,459.19)	$0.00	$34,316.53	$	14,705.48	$	19,611.05	$	34,316.53	
12/20/24	ACH	11/27-11/30/24	$59,516.42	($1,142.72)	($2,380.46)	$0.00	$55,993.24	$	23,994.48	$	31,998.76	$	55,993.24	
12/27/24	ACH	12/01-12/15/24	$110,323.12	($2,118.50)	($4,398.14)	$0.00	$103,806.48	$	44,483.63	$	59,322.85	$	103,806.48	
12/27/24	ACH	12/01-12/15/24	$67,614.16	($1,298.36)	($2,695.94)	$0.00	$63,619.86	$	27,262.67	$	36,357.19	$	63,619.86	
01/10/25	ACH	12/16-12/31/24	$1,451.62	($28.16)	($43.54)	$0.00	$1,379.92	$	591.33	$	788.59	$	1,379.92	
01/10/25	ACH	12/16-12/31/24	$889.66	($17.26)	($26.69)	$0.00	$845.71	$	362.41	$	483.30	$	845.71	
02/03/25	ACH	Interest	$0.00	$0.00	$0.00	$970.01	$970.01	$	415.67	$	554.34	$	970.01	
02/03/25	ACH	Interest	$0.00	$0.00	$0.00	$730.83	$730.83	$	313.18	$	417.65	$	730.83	
02/10/25	ACH	01/01-01/31/25	$2,961.30	($57.48)	($87.09)	$0.00	$2,816.73	$	1,207.04	$	1,609.69	$	2,816.73	
02/10/25	ACH	01/01-01/31/25	$1,814.91	($35.23)	($53.37)	$0.00	$1,726.31	$	739.77	$	986.54	$	1,726.31	
		TOTAL	$  1,162,611.60	$	(22,554.07)	$	(46,886.75)	$	1,700.84	$  1,094,871.62	$	469,179.41	$	625,692.21	$	1,094,871.62	

97.05%
$	35,298.25

Gross Percent Collected
Balance Remaining to Collect