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

The following is the proposed agenda for the upcoming Meeting of the Board of Supervisors for the Myrtle Creek Improvement District (“District”), scheduled to be held at 5:00 p.m. on Tuesday,

February 17, 2026, at 6900 Tavistock Lakes Blvd., Ste. 200, Orlando, FL 32827. A quorum will be confirmed prior to the start of the meeting.

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

Phone: 1-844-621-3956

Computer: pfmcdd.webex.com

Participant Code: 2531 126 0013#

BOARD OF SUPERVISORS’ MEETING AGENDA

Organizational Matters



1.
2.

Roll Call to Confirm a Quorum Public Comment Period
Consideration of Nominations for Vacant Seat 4
Consideration of the Minutes of the January 20, 2026, Board of Supervisors’ Meeting
Discussion of Construction Committee Member Vacancy

3.

Business Matters

4.
5.
6.

Consideration of Proposals for Trail Repairs (provided under separate cover) Consideration of District Engineer Fee Schedule Increase Letter
Ratification of Operation and Maintenance Expenditures Paid in January 2026 in an amount totaling $53,797.95
Recommendation of Work Authorizations/Proposed Services (if applicable) Review of District’s Financial Position and Budget to Actual YTD

7.
8.

Other Business
A. Staff Reports

1.
2.
3.
4.
5.
6.

District Counsel

District Manager

District Engineer Construction Supervisor Landscape Supervisor Irrigation Supervisor

B. Supervisor Requests

Adjournment

Myrtle Creek Improvement District

Nominations for Vacant Seat 4

Ary F. Rosa

Orlando, FL • 407-433-7567 • AryF518@gmail.com

Summary

Talent acquisition and HR operations leader with over 20 years of progressive experience across
world-class organizations including The Walt Disney Company, PayTech Inc., and SeaWorld Parks & Entertainment. Leading full-cycle recruitment for office and technical non-union roles while partnering with leaders to drive strategic workforce planning, labor forecasting, and data-driven hiring decisions. Brings a strong foundation in corporate finance and payroll management, having built and led a payroll team supporting 30,000+ employees, managed multi-state labor operations, reduced labor costs through system implementations, and supported enterprise-wide HRIS and timekeeping transformations. Combines expertise in high-volume recruiting, HCM consulting, financial oversight, and operational efficiency to deliver measurable cost savings, optimize workforce performance, and drive cross-functional business success.

Professional Experience

The Walt Disney Company | Associate Recruiter
Orlando, FL | Oct 2021 – Present




Serve as Casting Recruiter for office and technical non-union roles across Walt Disney World.
Manage the full recruitment lifecycle, including posting requisitions, sourcing, screening resumes, interviewing, and coordinating offers.
Partner with hiring leaders to design recruiting strategies, staff events, and deliver reporting that supports workforce planning.
Ensure a seamless candidate experience by guiding applicants through each stage of the process and representing Disney culture.
Support high-volume recruitment efforts and collaborate on casting events and talent acquisition initiatives.







PayTech Inc. | Manager of HCM Consultants & Recruiting
Remote | May 2013 – Present




Lead recruiting and onboarding for HR and payroll consultants supporting enterprise clients.
Partner with vendor leadership and client executives to staff large-scale HCM system implementations.



Manage and mentor teams of consultants, driving performance through training,
engagement, and coaching.
Spearhead optimization of HRIS and payroll systems, including time & attendance, payroll, and self-service platforms.
Successfully delivered multiple full-scale HR/Payroll implementations, improving efficiency and client satisfaction.





SeaWorld Parks & Entertainment | Corporate Finance Manager
Orlando, FL | Jan 2008 – May 2013



Built and managed a corporate payroll team supporting 30,000+ employees across multiple
states.
Implemented payroll and timekeeping systems, reducing labor costs by $100,000 annually. Partnered with HR leadership on policies and programs affecting a multi-state workforce. Served as a core team member on a company-wide HRIS implementation project.





The Walt Disney Company | Labor Manager
Orlando, FL | Jan 2007 – Jan 2008



Led Cast Members supporting deployment, scheduling, and time & attendance operations
for Magic Kingdom, Animal Kingdom, and Disney Springs.
Drove process optimization efforts, improving labor efficiency and compliance. Collaborated with senior leadership and global task teams on workforce best practices.
Supported rollout of a new Time and Attendance system property-wide.





The Walt Disney Company | Guest Service & Park Duty Manager
Orlando, FL | Apr 1998 – Jan 2007




Oversaw day-to-day park operations at Magic Kingdom and Disney’s Animal Kingdom.
Directed Guest Service operations, holding leaders and Cast Members accountable for excellence.
Selected for opening team of Disney’s Animal Kingdom, partnering with Imagineering during Test & Adjust for new attractions.
Coordinated property-wide safety drills with Reedy Creek Emergency Services.





Education & Community Engagement
Tampa Technical – Accounting

Leadership Orlando (Partnership of Local Business Leaders)

Leadership Orange (Orange County Public Schools)

Selected to represent SeaWorld Orlando with the Central Florida Partnership Group and
Orlando Chamber

MYRTLE CREEK IMPROVEMENT DISTRICT BOARD OF SUPERVISORS
OATH OF OFFICE

I,	, A CITIZEN OF THE STATE OF FLORIDA AND OF THE UNITED STATES OF AMERICA, AND BEING EMPLOYED BY OR AN OFFICER OF MYRTLE CREEK IMPROVEMENT DISTRICT AND A RECIPIENT OF PUBLIC FUNDS AS SUCH EMPLOYEE OR OFFICER, DO HEREBY SOLEMNLY SWEAR OR AFFIRM THAT I WILL SUPPORT THE CONSTITUTION OF THE UNITED STATES AND OF THE STATE OF FLORIDA.

Board Supervisor

ACKNOWLEDGMENT OF OATH BEING TAKEN

STATE OF FLORIDA
COUNTY OF 	

The foregoing oath was administered before me by means of □ physical presence or □

online	notarization,

this

 	

day	of

	,

2026,

by

	, who is personally known to me or has produced

	 as identification, and is the person described in and who took the aforementioned oath as a Member of the Board of Supervisors of Myrtle Creek Improvement District and acknowledged to and before me that he/she took said oath for the purposes therein expressed.

(NOTARY SEAL)

Notary Public, State of Florida

Print Name: 	

Commission No.: 	 Expires: 	

Myrtle Creek Improvement District

Minutes of the January 20, 2026, Board of Supervisors’ Meeting

MYRTLE CREEK IMPROVEMENT DISTRICT BOARD OF SUPERVISORS’ MEETING MINUTES

FIRST ORDER OF BUSINESS

Roll Call to Confirm a Quorum

The Board of Supervisors’ Meeting for the Myrtle Creek Improvement District was called to order on Tuesday, January 20, 2026, at 5:00 p.m. at 6900 Tavistock Lakes Blvd., Suite 200, Orlando, FL 32827.

Present:

Kam Shenai Bob da Silva Marsha Leed Trudy Evans

Chair
Assistant Secretary Vice Chair Assistant Secretary

Also attending:

Jennifer Walden Amanda Lane Tucker Mackie Bob Schanck Jeffrey Newton DJ Batten Carlos Negron Edgard Morales Eddie Padua Pete Fussell Chris Wilson Patrick Gill

PFM PFM
Kutak Rock
Donald W. McIntosh Associates Donald W. McIntosh Associates Berman
Berman Berman Berman Berman Tavistock Resident

(via phone)

SECOND ORDER OF BUSINESS

Public Comment Period

Ms. Walden asked if there were any public comments. She noted there were no public comments at this time.

THIRD ORDER OF BUSINESS

Consideration

of

Kyle

Scholl’s

Resignation and Nominations for Seat 4

Ms. Walden noted Mr. Scholl has moved out of the District and has therefore resigned.

There were no nominations at this time. The position will be posted on the District’s website to obtain resumes. This item was tabled.

On motion by Ms. Leed, seconded by Mr. Shenai, with all in favor, the Board of Supervisors for the Myrtle Creek Improvement District accepted Kyle Scholl’s Resignation from Seat 4.

FOURTH ORDER OF BUSINESS

Consideration of the Minutes of the

November

18,

2025,	Board

of

Supervisors’ Meeting

The Board reviewed the minutes of the November 18, 2025, Board of Supervisors’ Meeting.

FIFTH ORDER OF BUSINESS

Consideration of Resolution 2026-03,

Amending

the	Annual	Meeting

Schedule for Fiscal Year 2026

Ms. Walden explained that District staff would like to move the March Construction Committee Meeting from March 12, 2026, to March 5, 2026, and is the only change to the Annual Meeting Schedule for FY 2026.

SIXTH ORDER OF BUSINESS

Discussion

of

Construction

Committee Member Vacancy

Ms. Walden noted that Mr. Hudson Larson resigned effective January 15, 2026. There are no current recommendations to fill the vacancy so this item will be tabled.

SEVENTH ORDER OF BUSINESS

Recommendation from Construction Committee on Items to Address from District Infrastructure Assessment Report

Ms. Walden explained this has been reviewed by the Construction Committee and the District Engineer has noted a few items that need a more immediate repair. The recommendation is to move forward with repair, in the next three to six months, for Photos 15, 23, 24, and 26 as the other photos are mainly aesthetic issues. Mr. Newton noted this report was completed in September and some areas may have already been repaired.

There was discussion regarding the recommended photos, report, and locations. It was noted Berman should create a map of all repairs completed with corresponding location and date to keep a log of repairs and to compare to the Infrastructure Assessment Report.

Ms. Walden noted this report is a part of the District’s goals and objectives. Moving forward, this report will be completed in conjunction with the budget cycle so the District can adjust the budget based on the needs. Mr. Da Silva noted the Board has been working on many repairs in small phases.

On motion by Mr. Shenai, seconded by Mr. da Silva, with all in favor, the Board of Supervisors for the Myrtle Creek Improvement District approved Resolution 2026-03, Amending the Annual Meeting Schedule for Fiscal Year 2026 with moving the March 12, 2026 Construction Committee Meeting to March 5, 2026.

On motion by Mr. Shenai, seconded by Mr. da Silva, with all in favor, the Board of Supervisors for the Myrtle Creek Improvement District approved the Minutes of the November 18, 2025, Board of Supervisors’ Meeting.

The Board agreed to move forward with proposals for the recommended photos, tentative of confirmation that the repairs have not already been completed.

EIGHTH ORDER OF BUSINESS

Ratification	of

Operation

and

Maintenance Expenditures Paid in

November 2025 in an amount totaling
$58,635.88

Ms. Walden noted these have been approved and need Board ratification.

NINTH ORDER OF BUSINESS

Ratification	of

Operation

and

Maintenance Expenditures Paid in

December 2025 in an amount totaling
$97,031.95

Ms. Walden noted these have been approved and need Board ratification.

TENTH ORDER OF BUSINESS

Recommendation

of

Work

Authorization/Proposed Services

Ms. Walden reviewed the Work Authorization from Berman for curb pressure washing, in the amount of
$8,800.00.

There was brief discussion regarding the proposed services. It was noted this is for the curbs from Narcoossee Road up to the construction area and the project will most likely start next week.

ELEVENTH ORDER OF BUSINESS

Review of District’s Financial Position and Budget to Actual YTD

Ms. Walden stated the financials are updated through December 2025. The District has spent approximately 19% of the budget so far. No action was required.

Mr. Shenai gave an overview of some of his observations with the budget and how the District is doing well.

On motion by Ms. Leed, seconded by Mr. Shenai, with all in favor, the Board of Supervisors for the Myrtle Creek Improvement District approved the Work Authorization from Berman in the amount of $8,800.00 for curb pressure washing.

On motion by Mr. Shenai, seconded by Ms. Leed, with all in favor, the Board of Supervisors for the Myrtle Creek Improvement District ratified the Operation and Maintenance Expenditures Paid in December 2025 in an amount totaling $97,031.95.

On motion by Mr. da Silva, seconded by Mr. Shenai, with all in favor, the Board of Supervisors for the Myrtle Creek Improvement District ratified the Operation and Maintenance Expenditures Paid in November 2025 in an amount totaling $58,635.88.

Mr. Shenai asked for the team to review the monument by Narcoossee Road as it seems darker than usual. Mr. Shenai inquired about the trees being removed near the construction area and the irrigation should be less in the next few months. Mr. Batten replied that he doesn’t have the plan but there will be some trees removed. Mr. Negron noted that the irrigation should be less for a few months but they are working to get everything back up and running in connection with all the construction. Mr. Batten added that the cost will be less for a few months but once the system is up and running it will be higher for a little as additional irrigation will be needed for the new landscaping material.

TWELFTH ORDER OF BUSINESS

Staff Reports

District Counsel –

Ms. Mackie noted the legislative session is in process and her team is sending out the Capital Conversations Newsletter weekly. She’s happy to forward the newsletter to anyone who isn’t receiving it. She noted there is a new bill that her team is keeping an eye on which gives the ability for a recall of Supervisors by referendum by the voters of the District’s boundaries and she will keep the District updated with any movement on that bill.

District Manager –

Ms. Walden stated the next Board Meeting is scheduled for Tuesday, February 17, 2026.

District Engineer –

No report.

Construction Supervisor –

No report.

Landscape Supervisor –

No report.

Irrigation Supervisor –

No report.

THIRTEENTH ORDER OF BUSINESS

Supervisor Requests

There were no further Supervisor Requests.

FOURTEENTH ORDER OF BUSINESS

Adjournment

Ms. Walden requested a motion to adjourn.

Secretary/Assistant Secretary

Chair/Vice Chair

On motion by Mr. da Silva, seconded by Mr. Shenai, with all in favor, the January 20, 2026, Meeting of the Board of Supervisors for the Myrtle Creek Improvement District was adjourned.

Myrtle Creek Improvement District

Construction Committee Member Vacancy

Myrtle Creek Improvement District

Proposals for Trail Repairs
(provided under separate cover)

Myrtle Creek Improvement District

District Engineer Fee Schedule Increase Letter

Myrtle Creek Improvement District

Operation and Maintenance Expenditures Paid in January 2026 in an amount totaling $53,797.95

MYRTLE CREEK IMPROVEMENT DISTRICT

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

Operation and Maintenance Expenditures For Board Approval

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

The total items being presented:

$53,797.95

Approval of Expenditures:

	 Chairman

	 Vice Chairman

	 Assistant Secretary

Myrtle Creek Improvement District
AP Check Register (Current by Bank)
Check Dates: 1/1/2026 to 1/31/2026

Check No.

Date

Status*

Vendor ID

Payee Name

Amount

771
772
773
774
775
776
777
778
779
780
781
782

01/05/26
01/05/26
01/26/26
01/26/26
01/26/26
01/26/26
01/28/26
01/28/26
01/28/26
01/28/26
01/28/26
01/28/26

P P P P P P P P P P P
P

CEPRA PFMGC BCID BERMAN CEPRA PFMGC BERMAN KSHENA LDASIL MLEED TEVANS
VGLOBA

Cepra Landscape PFM Group Consulting
Boggy Creek Improv. District Berman Construction
Cepra Landscape PFM Group Consulting Berman Construction Kamalakar Shenai Lionel R. Dasilva Marsha Leed
Trudy Evans
VGlobalTech

$5,406.50
$1,500.00
$47.65
$3,000.01
$23,155.50
$3,942.63
$3,000.01
$200.00
$200.00
$200.00
$200.00
$300.00

BANK OM1471 REGISTER TOTAL:

$41,152.30

70060
70061
70062

01/20/26
01/20/26
01/30/26

M
M M

TRUSTE
OUC BCID

US Bank as Trustee for Myrtle
Orlando Utilities Commission Boggy Creek Improv. District

$173,701.14
$4,153.78
$8,539.52

BANK OM-ACH REGISTER TOTAL:

$186,394.44

GRAND TOTAL :

$227,546.74

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

BANK ID: OM-ACH - CITY NATIONAL BANK - ACH & WIRES	001-101-0000-00-01

BANK ID: OM1471 - CITY NATIONAL BANK	001-101-0000-00-01

Myrtle Creek Improvement District
January 2026 AP Remittance Report

Date
10/30/25
10/30/25
10/30/25
10/30/25
10/30/25
10/30/25
10/30/25
10/30/25

Invoice Number
O-S9010 O-S9011 O-S9012 O-S9013 O-S9015 O-S9017 O-S9018 O-S9019

Invoice Description
PA 705 - Oct. irrigation valve PA 705 - Oct. irrigation valve PA 705 - Oct. irrigation valve PA 705 - Oct. controller 5 irr PA 705 - Oct. controller 2 irr PA 705 - Oct. controller 3 irr PA 705 - Oct. Wellspring A irr PA 705 - Oct. controller 4 irr
TOTALS:

Discount Taken
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00

Amount Paid
$1,100.00
$520.00
$877.50
$452.00
$1,000.50
$983.50
$103.00
$370.00

$0.00

$5,406.50

Date
12/15/25

Invoice Number
139780

Invoice Description
PA 705 - Series 2016 disclosur
TOTALS:

Discount Taken
$0.00

Amount Paid
$1,500.00

$0.00

$1,500.00

Date
01/16/26

Invoice Number
2026.01.15

Invoice Description
S2016 FY26 DS (239413000) Dist
TOTALS:

Discount Taken
$0.00

Amount Paid
$173,701.14

$0.00

$173,701.14

Date
01/02/26
01/02/26
01/02/26
01/02/26
01/02/26
01/02/26
01/02/26

Invoice Number
00001-010226
00001-010226
00001-010226
00001-010226
00001-010226
00001-010226
00001-010226

Invoice Description
PA 706 - 12/01/2025 - 01/02/20 PA 706 - 12/01/2025 - 01/02/20 PA 706 - 12/01/2025 - 01/02/20 PA 706 - 12/01/2025 - 01/02/20 PA 706 - 12/01/2025 - 01/02/20 PA 706 - 12/01/2025 - 01/02/20 PA 706 - 12/01/2025 - 01/02/20
TOTALS:

Discount Taken
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00

Amount Paid
$130.58
$2,488.11
$1,123.88
$27.19
$47.92
$334.87
$1.23

$0.00

$4,153.78

Date
12/31/25

Invoice Number
OSC130163081

Invoice Description
PA 707 - BCID req 507; legal a
TOTALS:

Discount Taken
$0.00

Amount Paid
$47.65

$0.00

$47.65

Date
12/01/25
12/01/25

Invoice Number
93165
93165

Invoice Description
PA 702 - Dec. irrigation speci PA 702 - Dec. administrator ag
TOTALS:

Discount Taken
$0.00
$0.00

Amount Paid
$1,666.67
$1,333.34

$0.00

$3,000.01

Date
12/01/25
12/01/25

Invoice Number
O-S9226 O-S9226

Invoice Description
PA 702 - Dec. Sec. 1 landscapi PA 702 - Dec. Wellspring lands
TOTALS:

Discount Taken
$0.00
$0.00

Amount Paid
$19,253.75
$3,901.75

$0.00

$23,155.50

Date
12/05/25
12/05/25
01/05/26

Invoice Number
139530
139530
DM-01-2026-47

Invoice Description
PA 706 - Oct. storage facility PA 706 - Nov. mileage, tolls PA 707 - DM fee: Jan. 2026
TOTALS:

Discount Taken
$0.00
$0.00
$0.00

Amount Paid
$40.00
$6.80
$3,895.83

$0.00

$3,942.63

BANK:	OM1471	CHECK:	4776	AMOUNT:  $3,942.63	DATE:	01/26/26	VEND ID: PFMGC

BANK:	OM1471	CHECK:	4775	AMOUNT:  $23,155.50	DATE:	01/26/26	VEND ID: CEPRA

BANK:	OM1471	CHECK:	4774	AMOUNT:  $3,000.01	DATE:	01/26/26	VEND ID: BERMAN

BANK:	OM1471	CHECK:	4773	AMOUNT:  $47.65	DATE:	01/26/26	VEND ID: BCID

BANK:	OM-ACH	CHECK:	70061	AMOUNT:  $4,153.78	DATE:	01/20/26	VEND ID: OUC

BANK:	OM-ACH	CHECK:	70060	AMOUNT:  $173,701.14	DATE:	01/20/26	VEND ID: TRUSTE

BANK:	OM1471	CHECK:	4772	AMOUNT:  $1,500.00	DATE:	01/05/26	VEND ID: PFMGC

BANK:	OM1471	CHECK:	4771	AMOUNT:  $5,406.50	DATE:	01/05/26	VEND ID: CEPRA

Myrtle Creek Improvement District
January 2026 AP Remittance Report

Date
01/01/26
01/01/26

Invoice Number
93840
93840

Invoice Description
PA 707 - Jan. irrigation speci PA 707 - Jan. administrator ag
TOTALS:

Discount Taken
$0.00
$0.00

Amount Paid
$1,666.67
$1,333.34

$0.00

$3,000.01

Date
01/20/26

Invoice Number
2026.01.20

Invoice Description
PA 708 - Supervisor fee 2026.0
TOTALS:

Discount Taken
$0.00

Amount Paid
$200.00

$0.00

$200.00

Date
01/20/26

Invoice Number
2026.01.20

Invoice Description
PA 708 - Supervisor fee 2026.0
TOTALS:

Discount Taken
$0.00

Amount Paid
$200.00

$0.00

$200.00

Date
01/20/26

Invoice Number
2026.01.20

Invoice Description
PA 708 - Supervisor fee 2026.0
TOTALS:

Discount Taken
$0.00

Amount Paid
$200.00

$0.00

$200.00

Date
01/20/26

Invoice Number
2026.01.20

Invoice Description
PA 708 - Supervisor fee 2026.0
TOTALS:

Discount Taken
$0.00

Amount Paid
$200.00

$0.00

$200.00

Date
12/01/25

Invoice Number
7985

Invoice Description
PA 708 - Oct. - Dec. ADA audit
TOTALS:

Discount Taken
$0.00

Amount Paid
$300.00

$0.00

$300.00

Date
12/31/25
12/31/25
12/31/25
12/31/25
12/31/25
12/31/25

Invoice Number
ICM2026-03 ICM2026-03 ICM2026-03 ICM2026-03 ICM2026-03 ICM2026-03

Invoice Description
PA 706 - Dec. ICM aquatics mai PA 706 - Dec. ICM landscape ma PA 706 - Dec. ICM lighting
PA 706 - Dec. ICM water reclai PA 706 - Dec. Gateway Rd lands PA 706 - Dec. ICM irrigation
TOTALS:

Discount Taken
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00

Amount Paid
$263.03
$7,563.18
$60.92
$139.30
$39.49
$473.60

$0.00

$8,539.52

BANK:	OM-ACH	CHECK:	70062	AMOUNT:  $8,539.52	DATE:	01/30/26	VEND ID: BCID

BANK:	OM1471	CHECK:	4782	AMOUNT:  $300.00	DATE:	01/28/26	VEND ID: VGLOBA

BANK:	OM1471	CHECK:	4781	AMOUNT:  $200.00	DATE:	01/28/26	VEND ID: TEVANS

BANK:	OM1471	CHECK:	4780	AMOUNT:  $200.00	DATE:	01/28/26	VEND ID: MLEED

BANK:	OM1471	CHECK:	4779	AMOUNT:  $200.00	DATE:	01/28/26	VEND ID: LDASIL

BANK:	OM1471	CHECK:	4778	AMOUNT:  $200.00	DATE:	01/28/26	VEND ID: KSHENA

BANK:	OM1471	CHECK:	4777	AMOUNT:  $3,000.01	DATE:	01/28/26	VEND ID: BERMAN

Myrtle Creek Improvement District

Work Authorizations/Proposed Services
(if applicable)

Myrtle Creek Improvement District

District’s Financial Position and Budget to Actual YTD

Myrtle Creek Improvement District
January 2026 Financial Package

January 31, 2026

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

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

Capital Projects Fund

General Long-Term Debt

General Fund

Debt Service

Total

Assets

Current Assets
General Checking Account Money Market Account
State Board of Administration Pond Reserve
General Reserve Assessments Receivable Deposits
Assessments Receivable Debt Service Reserve Revenue
Prepayment
Total Current Assets

$

1,618,346.61
70,245.22
4,745.85
20,282.12
326,911.62
579,534.21
4,300.00

$

1,618,346.61
70,245.22
4,745.85
20,282.12
326,911.62
579,534.21
4,300.00
784,017.18
323,519.03
624,829.13
3,637.01

$

784,017.18
323,519.03
624,829.13
3,637.01

$

2,624,365.63

$

1,736,002.35

$

-

$

-

$

4,360,367.98

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

$

951,985.17
11,708,014.83

$

951,985.17
11,708,014.83

$

-

$

-

$

-

$

12,660,000.00

$

12,660,000.00

$

2,624,365.63

$

1,736,002.35

$

-

$

12,660,000.00

$

17,020,367.98

Total Assets

Page 1 of 11

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

Capital Projects Fund

General Long-Term Debt

General Fund

Debt Service

Total

Liabilities and Net Assets

Current Liabilities
Accounts Payable
Due To Other Governmental Units Deferred Revenue
Deferred Revenue
Total Current Liabilities

$

45,413.00
8,000.24
579,534.21

$

45,413.00
8,000.24
579,534.21
784,017.18

$

784,017.18

$

632,947.45

$

784,017.18

$

-

$

-

$

1,416,964.63

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

$

12,660,000.00

$

12,660,000.00

$

-

$

-

$

-

$

12,660,000.00

$

12,660,000.00

Total Liabilities

$

632,947.45

$

784,017.18

$

-

$

12,660,000.00

$

14,076,964.63

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

$

1,310,790.05
555,494.86
125,133.27

$

1,310,790.05
555,494.86
125,133.27

Net Assets, Unrestricted
Current Year Net Assets, Unrestricted

$

681,599.44
270,385.73

681,599.44
270,385.73

Net Assets, Unrestricted Net Assets, Unrestricted
Total Net Assets

$

(417,951.06)
417,951.06

(417,951.06)
417,951.06

$

1,991,418.18

$

951,985.17

$

-

$

-

$

2,943,403.35

Total Liabilities and Net Assets

$

2,624,365.63

$

1,736,002.35

$

-

$

12,660,000.00

$

17,020,367.98

Page 2 of 11

Myrtle Creek Improvement District
Statement of Activities As of 1/31/2026

Capital Projects Fund

General Long-Term Debt

General Fund

Debt Service

Total

Revenues

On-Roll Assessments On-Roll Assessments
Total Revenues

$

346,525.63

$

346,525.63
468,793.77

$

468,793.77

$

346,525.63

$

468,793.77

$

-

$

-

$

815,319.40

Expenses

Supervisor Fees
Public Officials' Liability Insurance Trustee Services
Management Engineering Disclosure District Counsel
Assessment Administration Travel and Per Diem Postage & Shipping
Legal Advertising Miscellaneous
Web Site Maintenance Holiday Decorations Dues, Licenses, and Fees Electric
Entry Lighting Water Reclaimed Aquatic Contract
General Liability Insurance Other Insurance
Irrigation
Landscaping Maintenance & Material Flower & Plant Replacement

$

1,800.00
4,463.00
5,458.62
15,583.32
1,340.35
1,500.00
865.00
7,500.00
6.80
25.68
868.12
83.69
880.00
1,000.00
175.00
533.76
81.07
8,686.23
1,300.00
5,110.00
500.00
9,007.50
92,779.96
4,800.00

$

1,800.00
4,463.00
5,458.62
15,583.32
1,340.35
1,500.00
865.00
7,500.00
6.80
25.68
868.12
83.69
880.00
1,000.00
175.00
533.76
81.07
8,686.23
1,300.00
5,110.00
500.00
9,007.50
92,779.96
4,800.00

Page 3 of 11

Myrtle Creek Improvement District
Statement of Activities As of 1/31/2026

Capital Projects Fund

General Long-Term Debt

General Fund

Debt Service

Total

IME - Aquatics Maintenance IME - Irrigation
IME - Landscaping IME - Lighting
IME - Miscellaneous IME - Water Reclaimed Trail Repair
Pest Control
Entry and Wall Maintenance Streetlights
Personnel Leasing Agreement Principal Payments
Interest Payments
Total Expenses

$

1,052.12
473.60
30,252.72
188.08
96.08
296.69
30,500.00
1,255.00
1,850.00
3,337.76
12,000.04

$

1,052.12
473.60
30,252.72
188.08
96.08
296.69
30,500.00
1,255.00
1,850.00
3,337.76
12,000.04
5,000.00
198,950.00

$
$

5,000.00
198,950.00

$

245,650.19

$

203,950.00

$

-

$

-

$

449,600.19

Other Revenues (Expenses) & Gains (Losses)

Interest Income Dividends Income
Total Other Revenues (Expenses) & Gains (Losses)

$

24,257.83

$

24,257.83
5,541.96

$

5,541.96

$

24,257.83

$

5,541.96

$

-

$

-

$

29,799.79

Change In Net Assets

$

125,133.27

$

270,385.73

$

-

$

-

$

395,519.00

Net Assets At Beginning Of Year

$

1,866,284.91

$

681,599.44

$

-

$

-

$

2,547,884.35

Net Assets At End Of Year

$

1,991,418.18

$

951,985.17

$

-

$

-

$

2,943,403.35

Page 4 of 11

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

FY 2026
Adopted Budget

Percentage Spent

YTD Actual

YTD Budget

YTD Variance

Revenues
On-Roll Assessments Carryforward Revenue
Net Revenues

$

346,525.63
32,273.36

$

309,183.93
32,273.36

$

37,341.70
-

$

927,551.80
96,820.02

37.36%
33.33%

$

378,798.99

$

341,457.29

$

37,341.70

$

1,024,371.82

36.98%

General & Administrative Expenses
Legislative
Supervisor Fees
Financial & Administrative
Public Officials' Liability Insurance Trustee Services
Management Engineering Disclosure Property Appraiser District Counsel
Assessment Administration Reamortization Schedules Audit
Arbitrage Calculation Tax Preparation Travel and Per Diem Telephone
Postage & Shipping Copies
Legal Advertising Bank Fees Miscellaneous Meeting Room Office Supplies
Web Site Maintenance Holiday Decorations Dues, Licenses, and Fees
Total General & Administrative Expenses

$

1,800.00

$

4,000.00

$

(2,200.00)

$

12,000.00

15.00%

4,463.00
5,458.62
15,583.32
1,340.35
1,500.00
- 865.00
7,500.00
-
-
-
- 6.80
- 25.68
- 868.12
- 83.69
-
- 880.00
1,000.00
175.00

1,613.83
2,333.33
15,583.33
3,333.33
500.00
1,166.67
8,333.33
2,500.00
83.33
1,333.33
300.00
14.00
100.00
8.33
166.67
666.67
2,166.67
16.00
1,666.67
83.33
33.33
980.00
416.67
58.33

2,849.17
3,125.29
(0.01)
(1,992.98)
1,000.00
(1,166.67)
(7,468.33)
5,000.00
(83.33)
(1,333.33)
(300.00)
(14.00)
(93.20)
(8.33)
(140.99)
(666.67)
(1,298.55)
(16.00)
(1,582.98)
(83.33)
(33.33)
(100.00)
583.33
116.67

4,841.50
7,000.00
46,750.00
10,000.00
1,500.00
3,500.00
25,000.00
7,500.00
250.00
4,000.00
900.00
42.00
300.00
25.00
500.00
2,000.00
6,500.00
48.00
5,000.00
250.00
100.00
2,940.00
1,250.00
175.00

92.18%
77.98%
33.33%
13.40%
100.00%
0.00%
3.46%
100.00%
0.00%
0.00%
0.00%
0.00%
2.27%
0.00%
5.14%
0.00%
13.36%
0.00%
1.67%
0.00%
0.00%
29.93%
80.00%
100.00%

$

41,549.58

$

47,457.15

$

(5,907.57)

$

142,371.50

29.18%

Page 5 of 11

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

FY 2026
Adopted Budget

Percentage Spent

YTD Actual

YTD Budget

YTD Variance

Field Operations
Electric Utility Services
Electric
Entry Lighting
Water-Sewer Combination Services
Water Reclaimed
Stormwater Control
Aquatic Contract
Other Physical Environment General Liability Insurance Property & Casualty Insurance Other Insurance
Irrigation Repairs
Landscaping Maintenance & Material District Landscaping
Gateway Road Landscaping
Tree Trimming
Flower & Plant Replacement Contingency
Pest Control Hurricane Cleanup
Interchange Maintenance Expenses
IME - Aquatics Maintenance IME - Irrigation Repairs
IME - Landscaping IME - Lighting
IME - Miscellaneous IME - Water Reclaimed
IME - Landscape Improvements
New Operational Field Expenses
Trail Repair
Road & Street Facilities
Entry and Wall Maintenance Streetlights
Parks & Recreation
Personnel Leasing Agreement - Administrator Personnel Leasing Agreement - Irrigation Specialist
Reserves
Infrastructure Capital Reserve Interchange Maintenance Reserve Lake/Pond Repair Reserve

$

389.88
81.07

$

500.00
166.67

$

(110.12)
(85.60)

$

1,500.00
500.00

25.99%
16.21%

7,596.74

12,666.67

(5,069.93)

38,000.00

19.99%

1,300.00

1,300.00

-

3,900.00

33.33%

5,110.00
- 500.00
8,178.50

1,848.05
566.67
500.00
15,000.00

3,261.95
(566.67)
- (6,821.50)

5,544.15
1,700.00
1,500.00
45,000.00

92.17%
0.00%
33.33%
18.17%

- 4,800.00
- 1,255.00
-

14,000.00
16,666.67
25,305.06
433.33
16,666.67

(14,000.00)
(11,866.67)
(25,305.06)
821.67
(16,666.67)

42,000.00
50,000.00
75,915.18
1,300.00
50,000.00

0.00%
9.60%
0.00%
96.54%
0.00%

1,052.12
473.60
30,252.72
188.08
96.08
296.69
-

1,113.00
1,050.00
30,777.71
420.00
2,100.00
525.00
4,200.00

(60.88)
(576.40)
(524.99)
(231.92)
(2,003.92)
(228.31)
(4,200.00)

3,339.00
3,150.00
92,333.12
1,260.00
6,300.00
1,575.00
12,600.00

31.51%
15.03%
32.76%
14.93%
1.53%
18.84%
0.00%

30,500.00

5,000.00

25,500.00

15,000.00

203.33%

1,850.00
3,337.76

3,333.33
5,000.00

(1,483.33)
(1,662.24)

10,000.00
15,000.00

18.50%
22.25%

5,333.36
6,666.68

5,333.33
6,666.67

0.03
0.01

16,000.00
20,000.00

33.33%
33.33%

-
-
-

6,666.67
786.67
1,666.67

(6,666.67)
(786.67)
(1,666.67)

20,000.00
2,360.00
5,000.00

0.00%
0.00%
0.00%

Total Field Operations Expenses

$

186,431.24

$

272,083.47

$

(85,652.23)

$

816,250.33

22.84%

Page 6 of 11

77,015.00	91,666.67	(14,651.67)	275,000.00	28.01%
157.96	157.96	-	473.88	33.33%

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

FY 2026
Adopted Budget

Percentage Spent

YTD Actual

YTD Budget

YTD Variance

Wellspring Blvd./Performance Drive Expense
Irrigation Repairs Landscaping
Flower & Plant Replacement Lighting
Miscellaneous
Water Reclaimed

$

829.00
15,607.00
- 143.88
-
1,089.49

$

1,743.50
13,333.33
2,380.78
2,625.72
1,166.67
1,666.67

$

(914.50)
2,273.67
(2,380.78)
(2,481.84)
(1,166.67)
(577.18)

$

5,230.50
40,000.00
7,142.33
7,877.17
3,500.00
5,000.00

15.85%
39.02%
0.00%
1.83%
0.00%
21.79%

Total Wellspring Blvd./Performance Drive Expenses

$

17,669.37

$

22,916.67

$

(5,247.30)

$

68,750.00

25.70%

Total Expenses

$

245,650.19

$

342,457.29

$

(96,807.10)

$

1,027,371.83

23.91%

Income (Loss) from Operations

$

133,148.80

$

(1,000.00)

$

134,148.80

$

(3,000.00)

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

$

24,257.83

$

1,000.00

$

23,257.83

$

3,000.00

808.59%

$

24,257.83

$

1,000.00

$

23,257.83

$

3,000.00

808.59%

Net Income (Loss)

$

157,406.63

$

-

$

157,406.63

$

-

Page 7 of 11

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

Oct-25

Nov-25

Dec-25

Jan-26

Revenues
On-Roll Assessments Carryforward Revenue
Net Revenues

$

-
8,068.36

$

61,890.03
8,068.33

$

156,238.21
8,068.34

$

128,397.39
8,068.33

$

8,068.36

$

69,958.36

$

164,306.55

$

136,465.72

General & Administrative Expenses
Legislative
Supervisor Fees
Financial & Administrative
Public Officials' Liability Insurance Trustee Services
Management Engineering Disclosure Property Appraiser District Counsel
Assessment Administration Reamortization Schedules Audit
Arbitrage Calculation Tax Preparation Travel and Per Diem Telephone
Postage & Shipping Copies
Legal Advertising Bank Fees Miscellaneous Meeting Room Office Supplies
Web Site Maintenance Holiday Decorations Dues, Licenses, and Fees
Total General & Administrative Expenses

$

-

$

1,000.00

$

-

$

800.00

4,463.00
5,458.62
3,895.83
-
-
-
-
-
-
-
-
-
-
-
-
- 271.93
-
-
-
- 145.00
-
175.00

-
- 3,895.83
911.25
-
-
-
-
-
-
-
-
-
- 0.74
- 58.14
- 1.24
-
- 145.00
-
-

-
- 3,895.83
429.10
1,500.00
- 865.00
7,500.00
-
-
-
-
-
- 24.94
- 270.90
- 1.22
-
- 145.00
1,000.00
-

-
- 3,895.83
-
-
-
-
-
-
-
-
- 6.80
-
-
- 267.15
- 81.23
-
- 445.00
-
-

$

14,409.38

$

6,012.20

$	15,631.99

$

5,496.01

Page 8 of 11

YTD Actual

$	346,525.63
32,273.36

$	378,798.99

$	1,800.00

4,463.00
5,458.62
15,583.32
1,340.35
1,500.00
- 865.00
7,500.00
-
-
-
- 6.80
- 25.68
- 868.12
- 83.69
-
- 880.00
1,000.00
175.00

$	41,549.58

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

Oct-25

Nov-25

Dec-25

Jan-26

Field Operations
Electric Utility Services
Electric
Entry Lighting
Water-Sewer Combination Services
Water Reclaimed
Stormwater Control
Aquatic Contract
Other Physical Environment General Liability Insurance Property & Casualty Insurance Other Insurance
Irrigation
Landscaping Maintenance & Material District Landscaping
Gateway Road Landscaping Tree Trimming
Flower & Plant Replacement Contingency
Pest Control Hurricane Cleanup
Interchange Maintenance Expenses
IME - Aquatics Maintenance IME - Irrigation
IME - Landscaping IME - Lighting
IME - Miscellaneous IME - Water Reclaimed
IME - Landscape Improvements
New Operational Field Expenses
Trail Repair
Road & Street Facilities
Entry and Wall Maintenance Streetlights
Parks & Recreation
Personnel Leasing Agreement - Administrator Personnel Leasing Agreement - Irrigation Specialist
Contingency
Infrastructure Capital Reserve Interchange Maintenance Reserve Lake/Pond Repair Reserve
Total Field Operations Expenses

$

-
-

$

130.33
27.19

$

128.97
26.69

$

130.58
27.19

-

3,043.28

2,065.35

2,488.11

325.00

325.00

325.00

325.00

5,110.00
- 500.00
-

-
-
-
-

-
-
- 7,658.50

-
-
- 520.00

-
-
- 1,255.00
-

-
-
-
-
-

-
-
-
-
-

- 4,800.00
-
-
-

263.03
- 7,563.18
- 96.08
-
-

263.03
- 7,563.18
59.43
- 90.58
-

263.03
473.60
7,563.18
60.92
- 139.30
-

263.03
- 7,563.18
67.73
- 66.81
-

-

-

30,500.00

-

-
-

-
1,106.94

1,850.00
1,106.94

-
1,123.88

1,333.34
1,666.67

1,333.34
1,666.67

1,333.34
1,666.67

1,333.34
1,666.67

-
-
-

-
-
-

-
-
-

-
-
-

$

37,405.54

$

34,902.21

$

74,454.73

$

39,668.76

Page 9 of 11

19,253.75	19,253.75	19,253.75	19,253.75
39.49	39.49	39.49	39.49

YTD Actual

$	389.88
81.07

7,596.74

1,300.00

5,110.00
- 500.00
8,178.50

77,015.00
157.96
- 4,800.00
- 1,255.00
-

1,052.12
473.60
30,252.72
188.08
96.08
296.69
- 30,500.00
1,850.00
3,337.76

5,333.36
6,666.68

-
-
-

$	186,431.24

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

Oct-25

Nov-25

Dec-25

Jan-26

Wellspring Blvd./Performance Drive Expenses
Irrigation Repairs Landscaping
Flower & Plant Replacement Lighting
Miscellaneous Water Reclaimed
Total Wellspring Blvd./Performance Drive Expenses
Total Expenses

$

- 3,901.75
-
-
-
-

$

- 3,901.75
- 48.29
-
507.67

$

829.00
3,901.75
- 47.67
-
246.95

$

- 3,901.75
- 47.92
-
334.87

$

3,901.75

$

4,457.71

$

5,025.37

$

4,284.54

 $	55,716.67 

 $	45,372.12 

 $	95,112.09 

 $	49,449.31 

Income (Loss) from Operations

$

(47,648.31)

$

24,586.24

$

69,194.46

$

87,016.41

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

$

6,011.89

$

5,445.70

$

7,096.89

$

5,703.35

$

6,011.89

$

5,445.70

$

7,096.89

$

5,703.35

Net Income (Loss)

$

(41,636.42)

$

30,031.94

$

76,291.35

$

92,719.76

Page 10 of 11

YTD Actual

$	829.00
15,607.00
- 143.88
- 1,089.49

$	17,669.37

$	245,650.19

$	133,148.80

$	24,257.83

$	24,257.83

$	157,406.63

Myrtle Creek Improvement District
Cash Flow

Beg. Cash

9/1/2025
10/1/2025
11/1/2025
12/1/2025
1/1/2026
2/1/2026

1,605,520.69
1,472,089.09
1,466,879.90
1,551,277.66
1,539,267.52
1,618,346.61

Totals

18,019.07

(158,622.74)

834,608.31

(710,198.72)

Page 11 of 11

FY25 Inflows

12,068.08
5,950.99
-
-
-
-

FY25 Outflows

(135,426.68)
(15,841.14)
(7,354.92)
-
-
-

FY26 Inflows

- 4,680.96
149,850.83
373,450.69
306,625.83
-

FY26 Outflows

(10,073.00)
- (58,098.15)
(385,460.83)
(227,546.74)
(29,020.00)

End. Cash

1,472,089.09
1,466,879.90
1,551,277.66
1,539,267.52
1,618,346.61
1,589,326.61 as of 02/09/2026