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, August 19, 2025, at 6900 Tavistock Lakes Blvd., Ste. 200, Orlando, FL 32827. A quorum will be confirmed prior to the start of the meeting.

District Staff, please use the following information to join via 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
Roll Call to Confirm a Quorum
Public Comment Period
Consideration of Nominations for Seat 3 Vacancy
Consideration of the Minutes of the July 15, 2025, Board of Supervisors’ Meeting
Consideration of Resolution 2025-05, Approving an Annual Meeting Schedule for Fiscal Year 2026
Consideration of Resolution 2025-06, Election of Officers

Business Matters
Discussion Regarding Award of Landscape and Irrigation Maintenance Services – Lake Nona Central – Boulevard and Roadways
Consideration of Trail Maintenance Phase 2 Repairs
Public Hearing on the Adoption of the District’s Annual Budget
Public Comments and Testimony
Board Comments
Consideration of Resolution 2025-07, Adopting the Fiscal Year 2026 Budget and Appropriating Funds
Consideration of Resolution 2025-08, Adopting an Assessment Roll for Fiscal Year 2026 Budget and Certifying Special Assessments for Collection (Exhibit B provided under separate cover)
Consideration of Resolution 2025-09, Adopting Goals, Objectives, and Performance Measures and Standards
Consideration of Resolution 2025-10, Designating a Public Depository
Consideration of Disclosure Filing Assistance Services Agreement with PFM
Ratification of Operation and Maintenance Expenditures Paid in July 2025 in an amount totaling $99,452.61
Recommendation of Work Authorizations/Proposed Services (if applicable)
Review of District’s Financial Position and Budget to Actual YTD

Other Business
Staff Reports
District Counsel

District Manager
District Engineer
Construction Supervisor
Landscape Supervisor
Irrigation Supervisor
Supervisor Requests

Adjournment

Myrtle Creek Improvement District

Nominations for Seat 3 Vacancy

Chad Johnson	12155 Aztec Rose Lane  Orlando, FL 32827 407.473.9044

Strategic Operations & Technology Leader with over 20 years of experience in driving growth, optimizing processes, and leading technology initiatives. A results-driven professional with a proven track record of enhancing operations, controlling costs, and delivering scalable solutions in both strategic and hands-on roles. My strength is aligning technology with business objectives to optimize operational efficiencies.
As a graduate of Appalachian State University (Boone, NC) with a degree in Community and Regional Planning, I have maintained a passion for the planning profession. Working as a Planner for the Town of Mint Hill only continued to foster the desire to better the communities in which I reside. This experience even played into a long professional career with The Walt Disney Company.
Core competencies include:

Risk Management
Software Delivery
Relationship Building
Process Improvement

Automated Reporting
Product Lifecycle
Documentation
Planning

Project Management
Team Leadership
Training
Policies & Procedures

CAREER SUMMARY
DISNEY EXPERIENCES	2004 to Present
Manager-Technology, US Parks Technology, 2019 to Present.
Seasoned Technology Manager, experienced with defining and driving strategic roadmaps as well as ensuring the day-to-day delivery and sustainment of a portfolio of workforce management applications. With a consistent background in aligning technology initiatives with business objectives, I leverage my expertise to drive innovation, optimize operational efficiencies, and deliver stable solutions. My leadership experience spans securing funding, orchestrating cross-functional project teams, overseeing product lifecycles, and implementing scalable solutions that propel organizational growth. Skilled in balancing technical acumen with business/stakeholder engagement, I am committed to delivering impactful results in dynamic environments.
Lead Business Analyst, Walt Disney Attraction Technology, 2017 to 2019.
Managed technology project lifecycle from ideation through funding approval. Influence project prioritization, align resources, and provide project updates to executive leadership.
Facilitated collection of technology needs from multiple business and internal technology partners, evaluated value and determined justification to bring needs forward for funding consideration.
Prepared formal business value story for capital funding requests to illustrate the need for project.
Area Manager (Opening Task Force), Shanghai Disney Resort, 2015 to 2016.
Led a group of frontline managers and Cast Members in preparation of opening Shanghai Disneyland. Provided leadership and expertise in program delivery and business practice implementations.
Built lasting relationships and strong teamwork between a diverse group of new leaders.
Led the operational preparations for governmental attraction certification process.
Developed processes and business practices in alignment with company and in support of local requirements.
Leveraged a continuous review and improvement approach for attraction testing and training initiatives.

Chad Johnson	blue1968camaro@gmail.com  407.473.9044  Page 2

Project Manager, Worldwide Safety, 2013 to 2017.
Managed domestic projects, international Tier-III auditing expenses, and seven professionals comprising the international auditing team, bi-costal project team, and an industrial engineering intern.
Developed formal requirements gathering process for electronic auditing solution. Partnered with various areas to develop user stories and define functional requirements.
Led a domestic project team to increase overall safety, managed the communication strategy for executive leadership and line of business stakeholders to encourage proactive involvement and gain consensus.
Presented educational sessions at IAAPA and AIMS regarding Attraction Operations processes and safety.
Lead Auditor, Worldwide Standards and Auditing, 2010 to 2013.
Led a group of certified Tier-III operational auditors in planning and conducting 15 domestic and global audits annually across all Disney Parks and Resorts locations.
Leveraged established relationships with site leadership to drive audit findings to closure for all Attraction
Operations business units worldwide.
Developed master planning budget and timeline for Tier-III audit program to identify cost savings and balance activity calendar.
Designed and delivered auditor certification class that improved certification rate from 60% to >80%.
Safety Analyst, Worldwide Standards and Auditing, 2008 to 2010.
Trained group to become certified Tier-III operational auditors with the ability to plan, perform, and enforce Tier-III audits and associated findings. Led initiative to improve the Tier-II audit process for Park Operations, aligning criteria with Tier-III and enabling increased correlation of findings.
Partnered with key stakeholders to develop more than 45 standards, gaining consistency and increasing safety of attraction operations worldwide.
Streamlined operational audit processes to facilitate growth of the audit program from five Tier-III audits
annually to more than 13 while increasing site visitation and expanding audit scope.
Implemented electronic handheld auditing solution at Walt Disney World and Disneyland, providing user training, reporting, and support.
Developed documentation auditing process to reduce liability risk while increasing Cast / Guest safety.

Statement of Interest and Qualifications
Trudy Jean Evans – Candidate for Myrtle Creek Improvement District Board
August 12, 2025

As a homeowner in Lake Nona since 2019, I’m interested in serving on the Myrtle Creek Improvement District Board because I care deeply about the integrity and future of our community. Having served on a South Florida HOA board for 21 years and a Lake Nona HOA for two years, I’ve seen firsthand how thoughtful leadership, consistency, and objectivity can positively impact residents’ quality of life.

My professional background in leadership development and cultural change equips me with a collaborative mindset and a commitment to transparency and long-term vision. I believe that strong communities are built through inclusive dialogue, balanced decision-making and, a shared obligation to progress—and I would be honored to contribute those values in service to Myrtle Creek and its residents.
Attached you will find a summary of my board and professional experience for your consideration.

Myrtle Creek Improvement District - BOD Candidate Information TRUDY JEAN EVANS – 12022 Lorenza Lane – 954.263.4960
Lake Nona – Resident since 2019

Experienced Leader and Professional with years of experience in Administration, Organizational Development, Performance Management, Strategic Planning, Training, Selling, Negotiating, Meeting Facilitation, Corporate Retreats, Executive Coaching, and Client Management and Development with small businesses and corporate clients. Author of two Leadership books: The Pied Piper Principle; Lead, and They Will Follow and The Kaleidoscope Leader.
BOARD EXPERIENCE
Broward County Florida Small Business Economic Development Advisory Board
Board Member	2008-2009	
Vice-Chair	2009-2010	
Broward Alliance
Board Member	
2010-2011	
The Woodlands at Carolina – HOA Community Neighborhood Board
Board Member	1998-2011
Secretary	2011-2012
Treasurer	2012-2013
Vice President	2013-2014
President	2014-2019
VillageWalk at Lake Nona – HOA Community Neighborhood Board
Vice President	2022-2023
PROFESSIONAL EXPERIENCE
The Raven Group, Inc. – Lake Nona, Florida
President	www.TheRavenGroupInc.com	Sept. 1998-Present
Co-owner of an international consulting company that helps individuals reach their desired potential through customized training, organizational development and executive coaching.
Spherion Corporation – Ft. Lauderdale, Florida
VP Corporate Services	March 1997 – September 1998 Responsible for the corporate facility, vendor relationships, internal administrative functions, internal/external meetings and the travel function.
VP Training, Organizational Development	April 1993 - March 1997 Responsible for design, development, implementation and delivery of all training programs based on company operations and expectations for corporate and field-based employees. Also responsible for all internal marketing and communication efforts, which included artistic design, packaging and a tiered communication approach
Senior Director – National Accounts	April 1991 – April 1993
Responsible for all national account activity for United States field offices.

Area Director – Branch Operations	July 1987 – April 1991
Regional Director – Franchise Operations	July 1984 – June 1987
Branch Manager – Ft. Lauderdale Office	August 1983 – June 1984

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 	,  2025,  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 July 15, 2025, 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, July 15, 2025, at 5:00 p.m. at 6900 Tavistock Lakes Blvd., Suite 200, Orlando, FL 32827.

Present:			
Bob da Silva	Assistant Secretary		
Marsha Leed	Assistant Secretary		
Kyle Scholl	Assistant Secretary		
Also attending:			
Lynne Mullins	PFM		
Jeffrey Newton	Donald W. McIntosh Associates	
Bob Schanck	Donald W. McIntosh Associates	
Tucker Mackie	Kutak Rock	(via phone)	
DJ Batten	Berman		
Carlos Negron	Berman		
Samantha Sharenow	Berman		
Will Stafford	Tavistock		

SECOND ORDER OF BUSINESS	Public Comment Period

Ms. Mullins asked if there were any public comments. She noted there were no members of the public present.

THIRD ORDER OF BUSINESS	Consideration of Nominations for Seat 3 Vacancy

There were no nominations at this time. This item was tabled.
Ms. Mullins reviewed the procedure for nominations. She noted that the Seat 3 term expires in November 2026.

FOURTH ORDER OF BUSINESS	Consideration of the Minutes of the June 17, 2025, Board of Supervisors’ Meeting

The Board reviewed the minutes of the June 17, 2025, Board of Supervisors’ Meeting.

On motion by Mr. da Silva, seconded by Mr. Scholl, with all in favor, the Board of Supervisors for the Myrtle Creek Improvement District approved the Minutes of the June 17, 2025, Board of Supervisors’ Meeting.

FIFTH ORDER OF BUSINESS	Consideration of the Minutes of the May 20, 2025, RFP Meeting to Open Responses for Landscape and Irrigation Maintenance Services

The Board reviewed the minutes of the May 20, 2025, RFP Meeting to Open Responses for Landscape and Irrigation Maintenances Services.

On motion by Ms. Leed, seconded by Mr. da Silva, with all in favor, the Board of Supervisors for the Myrtle Creek Improvement District approved the Minutes of the May 20, 2025, RFP Meeting to Open Responses for Landscape and Irrigation Maintenance Services.

SIXTH ORDER OF BUSINESS	Consideration of Resolution 2025-04, Election of Officers
Ms. Mullins reviewed the current slate of Officers. She recommended moving an officer to the Vice Chair position.

On motion by Mr. da Silva, seconded by Mr. Scholl, with all in favor, the Board of Supervisors for the Myrtle Creek Improvement District approved Resolution 2025-04, Election of Officers, with Mr. Kam Shenai as Chair, Ms. Marsha Leed as Vice Chair, Ms. Jennifer Walden as Secretary, Ms. Lynne Mullins, Mr. Bob da Silva, and Mr. Kyle Scholl as Assistant Secretaries, Ms. Jennifer Glasgow as Treasurer, and Ms. Amanda Lane, Ms. Amy Champagne, Mr. Rick Montejano and Ms. Verona Griffith as Assistant Treasurers.

SEVENTH ORDER OF BUSINESS	Consideration of Responses Received in Response to Request for Qualifications for Construction Services
a) Construction Committee Recommendation Regarding Prequalification
Mr. Newton explained that the District received 13 responses to the Request for Qualifications for Construction Services, and the Construction Committee found them all to be qualified.

On motion by Mr. da Silva, seconded by Mr. Scholl, with all in favor, the Board of Supervisors for the Myrtle Creek Improvement District approved the Construction Committee Recommendation to list all 13 Proposers, which include Carr & Collier, Inc., Cathcart Construction Company, Garney Companies, Inc., Gibbs and Register, Granite Construction Company, Hubbard Construction Company, JMHC, Inc., Jon M Hall Company, Jr. Davis Construction Company, Inc., Prime Construction Group, Inc., Southern Development & Construction, The Middlesex Corporation and Watson Civil Construction, Inc., as Pre- Qualified Contractors.

EIGHTH ORDER OF BUSINESS	Consideration of Award of Landscape and Irrigation Maintenance Services – Lake Nona Central – Boulevard and Roadways
a)  Construction	Committee Recommendation
Ms. Mullins explained the District received eight bids in response to the Landscape and Irrigation Maintenance Services RFP. District staff and the Construction Committee reviewed the proposals and ranked them based on the evaluation criteria. She did note that two bids were disqualified as they did not

provide the required bid bond. The Committee recommends moving forward with the highest ranked proposer for each section.
The Committee ranked the proposers as follows:
Section 1 – Prince & Sons as #1, Cepra as #2, Juniper as #3, Helping Hand and LS Workshop as #4, and Yellowstone as #6.
Section 2 – Juniper as #1, Cepra as #2, Helping Hand and LS Workshop as #3, Prince & Sons as #5, and Yellowstone as #6.
Discussion ensued regarding the bids, costs, and feedback on the bidders.

On motion by Ms. Leed, seconded by Mr. Scholl, with all in favor, the Board of Supervisors for the Myrtle Creek Improvement District approved the recommended rankings from the Construction Committee for each Section for Landscape and Irrigation Maintenance Services – Lake Nona Central – Boulevard and Roadways and for District staff to finalize an Agreement with the #1 proposer for each of the two Sections.

NINTH ORDER OF BUSINESS	Ratification	of	Operation	and

Maintenance June 2025
$79,713.59

Expenditures in  an amount

Paid in totaling

Ms. Mullins noted these were previously approved and are for ratification.

On motion by Ms. Leed, seconded by Mr. da Silva, with all in favor, the Board of Supervisors for the Myrtle Creek Improvement District ratified the Operation and Maintenance Expenditures Paid in June 2025 in an amount totaling $79,713.59.

TENTH ORDER OF BUSINESS	Recommendation	of	Work	
Authorization/Proposed Services	
There were no Work Authorizations at this time.				
ELEVENTH ORDER OF BUSINESS	Review of District’s Financial Position	
	and Budget to Actual YTD		

The Board reviewed the financial statements. Ms. Walden noted the financials have been updated through June 2025 and the District has spent roughly 47% of the adopted budget. No action was required.

TWELFTH ORDER OF BUSINESS	Staff Reports
District Counsel –	No report.

District Manager –	Ms. Mullins stated the next Board Meeting is scheduled for Tuesday,
August 19, 2025, for the Budget Public Hearing.

District Engineer –	No report. Construction Supervisor –	 No report.
Landscape Supervisor –	No report.

Irrigation Supervisor –	No report.

THIRTEENTH ORDER OF BUSINESS	Supervisor Requests

It was noted the ethics training is required to be completed annually by the Board. Ms. Mullins will send out the links to the Board via email.

FOURTEENTH ORDER OF BUSINESS	Adjournment

On motion by Mr. Scholl, seconded by Mr. da Silva with all in favor, the July 15, 2025, Meeting of the Board of Supervisors for the Myrtle Creek Improvement District was adjourned.

Secretary/Assistant Secretary	Chair/Vice Chair

Myrtle Creek Improvement District

Resolution 2025-05,
Approving an Annual Meeting Schedule for Fiscal Year 2026

RESOLUTION 2025-05

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

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

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

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

Adopted this 19th day of August, 2025.

ATTEST:	Myrtle Creek Improvement District

Secretary/Assistant Secretary	Chairman/ Vice Chairman

EXHIBIT A

Myrtle Creek Improvement District Fiscal Year 2025-2026

The Board of Supervisors of the Myrtle Creek Improvement District will hold its meetings for the Fiscal Year 2026 in the office of Tavistock Development Company, 6900 Tavistock Lakes Blvd #200, Orlando, FL at 5:00 p.m. on the third Tuesday of each month unless otherwise noted below:

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

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

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

Myrtle Creek Improvement District

Resolution 2025-06, Election of Officers

RESOLUTION 2025-06

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE MYRTLE CREEK IMPROVEMENT DISTRICT ELECTING THE OFFICERS OF THE DISTRICT AND PROVIDING FOR AN EFFECTIVE DATE

WHEREAS,	the	MYRTLE	CREEK	IMPROVEMENT	DISTRICT
(hereinafter the “District”) is a local unit of special-purpose government created and existing pursuant to Chapter 190, Florida Statutes; and

WHEREAS, the Board of Supervisors of the District desires to elect the Officers of the District.

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

Section 1.	 		is elected Chair.	
Section 2.	 		is elected Vice Chair.	
Section 4.	 		is elected Secretary.	
Section 5.	 		is elected Assistant Secretary.	
 		is elected Assistant Secretary.	
 		is elected Assistant Secretary.	
 		is elected Assistant Secretary.	
Section 5.			is elected Treasurer.	
Section 6.	 		is elected Assistant Treasurer.	
 		is elected Assistant Treasurer.	
	 is elected Assistant Treasurer.

	is elected Assistant Treasurer.

Section 7.	All Resolutions or parts of Resolutions in conflict herewith are hereby repealed to the extent of such conflict.	
Section 8.	This Resolution shall its adoption.	become	effective	immediately upon	

PASSED AND ADOPTED THIS 19th DAY of August 2025.
MYRTLE CREEK
ATTEST:	IMPROVEMENT DISTRICT

Secretary/Assistant Secretary	Chair/Vice-Chair

Myrtle Creek Improvement District

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

MYRTLE CREEK IMPROVEMENT DISTRICT LANDSCAPING AND IRRIGATION MAINTENANCE RFP

SECTION 1:

Bid/Fee Detail

Proposer	1st Year	2nd Year	3rd Year	Total, 3 Years	
Juniper	$326,209.00	$335,969.00	$346,079.00	$1,008,257.00	
Helping Hand	$290,000.00	$290,000.00	$290,000.00	$870,000.00	
Cepra	$231,045.00	$239,106.00	$239,106.00	$709,257.00	
Yellowstone	$364,512.00	$364,512.00	$364,512.00	$1,093,536.00	
LS Workshop	$310,032.00	$310,032.00	$325,536.00	$945,600.00	
ULS	$281,067.70	$289,499.73	$298,184.72	$868,752.15	
DLM	$310,439.16	$315,095.75	$324,548.62	$950,083.53	
P&S	$45,264.00	$45,264.00	$45,264.00	$135,792.00	

DISQUALIFIED DISQUALIFIED

Proposer Rankings	Technical	Understanding
	Capability	Experience	of Scope	Price	Point Total	Ranking Based	
Contractor	Max. 20 Pts.	Max. 20 Pts.	Max. 10 Pts.	Max. 50 Pts.	Max. 100 Pts.	on Total Points	
Juniper	20	15	10	0.00	45.00	3	
Helping Hand	15	15	10	0.00	40.00	4	
Cepra	20	20	10	0.00	50.00	2	
Yellowstone	20	10	2	0.00	32.00	6	
LS Workshop	20	15	5	0.00	40.00	4	
P&S	20	15	2	50.00	87.00	1	

SECTION 2:

Bid/Fee Detail
Proposer	1st Year	2nd Year	3rd Year	Total, 3 Years	
Juniper	$17,591.00	$18,118.00	$18,662.00	$54,371.00	
Helping Hand	$63,000.00	$63,000.00	$63,000.00	$189,000.00	
Cepra	$46,821.00	$48,303.00	$48,303.00	$143,427.00	
Yellowstone	$65,232.00	$65,232.00	$65,232.00	$195,696.00	
LS Workshop	$69,372.00	$69,372.00	$72,840.00	$211,584.00	
ULS	$78,365.69	$80,716.67	$83,138.17	$242,220.53	
DLM	$77,586.58	$78,750.38	$81,112.90	$237,449.86	
P&S	$215,820.00	$215,820.00	$215,820.00	$647,460.00	

Proposer Rankings

DISQUALIFIED DISQUALIFIED

	Technical
Capability	
Experience	Understanding
of Scope	
Price	
Point Total	Ranking Based on Total Points	
Contractor	Max. 20 Pts.	Max. 20 Pts.	Max. 10 Pts.	Max. 50 Pts.	Max. 100 Pts.		
Juniper	20	15	10	50.00	95.00	1	
Helping Hand	15	15	10	0.00	40.00	3	
Cepra	20	20	10	0.00	50.00	2	
Yellowstone	20	10	2	0.00	32.00	6	
LS Workshop	20	15	5	0.00	40.00	3	
P&S	20	15	2	0.00	37.00	5	

COMBINED:

Bid/Fee Detail
Proposer	1st Year	2nd Year	3rd Year	Total, 3 Years	
Juniper	$343,800.00	$354,087.00	$364,741.00	$1,062,628.00	
Helping Hand	$353,000.00	$353,000.00	$353,000.00	$1,059,000.00	
Cepra	$277,866.00	$287,409.00	$287,409.00	$852,684.00	
Yellowstone	$429,744.00	$429,744.00	$429,744.00	$1,289,232.00	
LS Workshop	$379,404.00	$379,404.00	$398,376.00	$1,157,184.00	
ULS	$359,433.39	$370,216.39	$381,322.88	$1,110,972.66	
DLM	$388,025.74	$393,846.12	$405,661.51	$1,187,533.37	
P&S	$261,084.00	$261,084.00	$261,084.00	$783,252.00	

Proposer Rankings

DISQUALIFIED DISQUALIFIED

	Technical
Capability	
Experience	Understanding
of Scope	
Price	
Point Total	Ranking Based on Total Points	
Contractor	Max. 20 Pts.	Max. 20 Pts.	Max. 10 Pts.	Max. 50 Pts.	Max. 100 Pts.		
Juniper	20	15	10	32.17	77.17	3	
Helping Hand	15	15	10	32.40	72.40	4	
Cepra	20	20	10	45.57	95.57	1	
Yellowstone	20	10	2	17.70	49.70	6	
LS Workshop	20	15	5	26.13	66.13	5	
P&S	20	15	2	50.00	87.00	2	

Myrtle Creek Improvement District

Trail Maintenance Phase 2 Repairs

1

Proposal: Myrtle Creek CDD Asphalt Phase 2 Repairs
Proposal Date: 8/14/2025
Project Name: Myrtle Creek CDD Asphalt Phase 2 Repairs Client Contact: PFM
Work Order #: 92521
Project Scope

Berman proposes to furnish all labor and materials for the following:

Scope:
Berman will oversee the project from inception to completion, providing management and support. Responsibilities include administrative oversight, coordination, scheduling, and daily reporting to ensure smooth project execution. Daily reports will be sent to a designated contact. A pre- construction meeting will be scheduled and discussed prior to the project start date

Estimated Time of Completion: Work will be completed in the most expedient time frame as possible. All work will be performed at client discretion

Payment Schedule: Upon Completion

Payment Terms Total: $3,050.00

Proposal: Myrtle Creek CDD Asphalt Repairs Phase 2

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

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

Approvals

PFM
By: Jennifer Walden

Berman
By: Eddie Padua

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

Our Services
 Property & Facility Management

 Property Maintenance

 24/7 Emergency Repairs

 General Construction

 Janitorial Services

 Security

 Pressure Washing

 Landscaping

 Disaster Response
WWW.BERMANCORP.COM | 866.752.5809	2

Referenced Images
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YOUR NATIONWIDE PAVEMENT MAINTENANCE SOLUTION

OPP-25-029987
7675 Lake Nona Blvd Eddie Padua

Steven Schwartz steven.schwartz@rosepaving.com

Paving Our Path

www.PaveWithASP.com

(954) 581-5805

Learn more about Rose Paving at www.RosePaving.com

In December 2024, Rose Paving and Atlantic Southern Paving (ASP) merged to form one of the largest self-performing paving companies in the United States. This strategic union combines their complementary geographic footprints, creating an expansive nationwide network with unparalleled reach. Operating under the Rose Paving name, the merger unites over 1,000 employees across 36 offices, enhancing their ability to deliver best-in-class paving solutions and superior service to clients nationwide.

Completing 20,000+ Jobs Every Year

Providing 80+ Years of Trusted Service

Serving Commercial & Residential HOAs/COAs

Same great team 36 Regional Offices

2024

OPP-25-029987 08 / 08 / 2025

Account Information	
Account Name:
Myrtle Creek Trail Phase 2	
Street Address: 7675 Lake Nona Blvd	
City State Zip: Orlando FL 32827-7142	

Contact Information	
Contact Name: Eddie Padua	
Contact Email: Epadua@bermancorp.com	
Contact Phone: 407-784-0601	

Rose Paving Information	
Account Executive:
Steven Schwartz	
Email:
steven.schwartz@rosepaving.com	
Cell:
914.224.9901	

up to 4,900 sq ft, 46 tons ,21 locations. Mot Setup, ROW site plan & ROW Permitting included in price.

Notes/Exclusions

PRICING TABLE

Service Line Name	QTY	U of M	Subtotal	
Asphalt - Remove and Replace	4900	SF	$30,500.00	
Total	$30,500.00

Total Dollars Approved: $30,500.00

CUSTOMER APPROVAL

Authorized Signature:

Name:

BILLING INSTRUCTIONS:

Scope Detail		
Service Line Name	Service Description	
Asphalt - Remove and Replace	Saw cut and excavate damaged asphalt to speci�ed depth Haul debris off-site to approved facility
Mechanically compact sub-grade to an unyielding condition Apply tack coat to all vertical edges to ensure adhesion
Install Hot Mix Asphalt in separate lifts and compact to speci�ed depth.	

Rose Paving Terms & Conditions

CONTRACT DOCUMENTS: The Contract Documents consist only of these Terms & Conditions, the attached Proposal and terms contained therein, and speci cation sheets, drawings and other documentation attached to this Proposal, or otherwise made part of this agreement in writing. Such Contract Documents constitute the entire agreement between Rose Paving and Customer, and no other terms shall serve to alter the terms hereof without written agreement signed by both parties. Pricing in the Proposal is based on the speci cations and terms set forth in the Proposal. If Customer requires different or additional terms, or compliance with any set of speci cations, whether designed by an engineer or architect on Customer’s behalf, or any governmental
speci cation, other than those set forth in the Proposal, the Proposal price may need to be adjusted. Any alteration or deviation from the above speci cations involving extra cost will be executed only upon written change orders and will become an extra charge over and above the Proposal price.

TIME LIMITATION: The Proposal price is valid for fteen (15) calendar days after the date of issuance. After fteen (15) calendar days from the date of issuance, please contact the identi ed Account Executive to con rm pricing.

ESCALATION: This Proposal is based on material costs at current market rates. Due to the current volatile market conditions for liquid asphalt that are beyond Rose Paving’s control and in the event of future material price increases Customer agrees to pay for the escalation of material costs without a change order. This paragraph applies only to materials.

DELAY: Rose Paving shall not be responsible or in any way charged for unavoidable delays in work, including but not limited to delays caused by weather, government orders, Acts of God, labor strikes, pandemic, and other similar delays.

QUANTITIES LISTED: Customer understands and agrees that all quantities are estimates; due to site conditions or other obstacles, the completed quantities may vary from those estimated, and any additional quantities needed will be paid to Rose Paving in full, without need for change order or other written authorization.

TAXES: The price quoted in this Proposal is inclusive of any sales, use, or similar taxes imposed on the material or labor provided.

PAYMENT TERMS: Net balance due within 30 days after completion of the work, or after issuance of the invoice, whichever is earlier. Progress payments, if any, are due within 30 days of the invoice date. Unpaid balances will accrue a late fee of 1% per month until paid in full. The Proposal and Invoice price re ect a 4% discount for payments by cash, check, or ACH.

DEPOSIT: If the Proposal exceeds $15,000.00, a deposit of 1/3 of the project price is required to schedule work unless noted otherwise in this agreement.

CANCELLATION OR DEFAULT: If Customer cancels the work described herein for any reason, Customer agrees to pay Rose Paving for any sums incurred or expended through the date of cancellation in complying with this Proposal, and further agrees to pay Rose Paving the proportionate Proposal price for all work completed to that time. If Customer is in default under this Proposal, including but not limited to Customer’s failure to pay any progress billings, Rose Paving shall have the right to stop work and cancel any remaining work.

PERMITS AND FEES: Customer is responsible for obtaining and paying for any required permits, bonds, or licenses. Unless noted otherwise, the Proposal price excludes the cost of building permits and bonds required to perform the work required hereunder, and further excludes plans required to obtain such permits or bonds. However, for an additional charge of $850.00, in addition to the cost of the permits, Rose Paving will apply for and obtain building permits, if requested, after receipt of a change order signed by both parties. If Owner/Authorized Agent directs this work to be completed without required permitting, all costs including, but not limited to, fees, expediting and nes are the responsibility of the Owner/Authorized Agent. Customer is responsible for engaging and paying an engineer or architect to prepare any engineering or architectural plans required to obtain building permits.

UNMARKED / UNDOCUMENTED UTILITIES: The Customer is responsible for ordering and scheduling any required private and/or public utility locates. Rose Paving shall not be responsible for any damage to private utility lines damaged during the course of work that were unmarked, undocumented, or non-conforming to prevailing codes. Rose Paving will be responsible for repairing utilities in situations where Rose Paving damaged marked, conforming utility lines. Rose Paving shall not be liable for additional damages or costs associated with utility interruption regardless of whether the damaged utility lines were marked, documented, or conforming to prevailing codes.

WORK ACCESSIBILITY: The Proposal price is contingent upon the work area being free of any obstructions (vehicles, dumpsters, etc) at the scheduled project start date and time and throughout the scheduled project time. Rose Paving reserves the right to adjust the agreed upon Proposal price to include all additional expenses incurred, including but not limited to additional labor and material charges, and trip charges.

SOIL CONDITIONS: The Proposal price is contingent on the existing subsoil or base being adequate to support the ordered work. Rose Paving shall not be held liable for failure due to poor subgrade, moisture or other unforeseen circumstances such as underground water springs, contaminated soil, or similar de ciencies. Unless stated within the Proposal, Rose Paving will not conduct core samples or engage the services of an engineer to determine the adequacy of the subsoil or base.

WATER DRAINAGE: On projects where the natural fall of the land is less than 2%, Rose Paving cannot guarantee that there will be total water drainage on pavements. Rose Paving shall not be held liable for ponding or retention in areas surrounding the work area. Customer acknowledges that on projects where the scope of work includes an asphalt overlay, the asphalt overlay will follow the contour of the existing base surface and Rose Paving does not guarantee or warranty and will not be liable for drainage issues in the work area or surrounding areas. Customer understands and agrees that grading issues fall outside the scope of Rose Paving’s work hereunder.

CLEANING EXPENSES: Customer understands that the work called for in this agreement is a messy process. Rose Paving is not responsible for cleaning dust generated by the work blown outside of the work area. Rose Paving is not responsible for cleaning, repairing, or replacing any concrete, carpet, oor, passageway, etc., that is soiled or stained by anyone other than Rose Paving employees or its subcontractors.

INSURANCE: Rose Paving will maintain insurance coverage inluding Comprehensive General Liability, Automobile, and Worker’s Compensation as required by law. Customer agrees that it is responsible for any other coverage needed or desired relative to the location described above and work performed hereunder and is not relying on Rose Paving for any such coverage.

INDEMNITY: Rose Paving agrees to complete its work in a safe and workmanlike manner, and to take appropriate safety precautions while performing work. However, once installation is complete and Customer takes possession of the work area, Customer understands and agrees that Rose Paving cannot be responsible for materials or area maintenance and safety, and therefore Customer assumes all responsibility in this regard, including but not limited to any and all personal injuries, deaths, property damage, losses, or expenses related to or in any way connected with the materials or services provided. To the fullest extent allowed by law, Customer agrees to indemnify, defend and hold Rose Paving and its agents harmless from any and all loss, expense, liability, or attorneys’ fees in connection with any such damages or injuries occurring thereafter. Nothing contained within this paragraph means or should be construed to mean that Rose Paving or others shall be indemni ed for their own negligence.

CHOICE OF LAW & VENUE: To the fullest extent permitted by law, each provision of this contract shall be interpreted in such manner as to be effective and valid under the laws of the State of Project and corresponding Choice of Law indicated below without regard to that state’s con ict of laws principles, and venue and jurisdiction for any dispute under this agreement shall rest in the Venue and Jurisdiction identi ed:

	State of Project	Choice of Law	Venue and Jurisdiction	
A.	Arizona	Arizona	Superior Court of Maricopa County or the United States District Court District of Arizona-Phoenix	
B.	California	California	Superior Court of California County of Los Angeles or the United States District Court Central District of California	
C	Connecticut	Connecticut	State of Connecticut Judicial Branch Hartford Judicial District or United States District Court District of Connecticut.	
D.	Florida	Florida	Circuit Court of Hillsborough County Florida or the United States District Court Middle District of Florida	
E.	Illinois	Illinois	Circuit Court of Cook County or Northern District of Illinois	
F.	North Carolina	North Carolina	Mecklenburg Circuit Court or the U.S. District Court Western District of North Carolina	
G.	Tennessee	Tennessee	Davidson County Circuit Court or the U.S. District Court Middle District of Tennessee Nashville Division	
H.	Virginia	Virginia	Fairfax Circuit Court or the U.S. District Court Eastern District of Virginia	
I.	All other states	Illinois	Circuit Court of Cook County or U.S. District Northern District of Illinois Eastern Division	

ATTORNEY FEES & COSTS: In the event of litigation between the parties arising from this Proposal, Rose Paving shall be entitled to reasonable collection agency fees, attorneys fees and costs.

JURY WAIVER: TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, EACH PARTY WAIVES THE RIGHT TO TRIAL BY JURY IN ANY LEGAL PROCEEDING ARISING OUT OF OR RELATING TO THIS AGREEMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY.

WARRANTY: Rose Paving will complete its work in a workmanlike manner according to standard industry practices for similar projects in the area where the work was performed. Rose Paving warrants that all labor and materials furnished will be free from defects due to defective materials or workmanship for a period of one year from the date of completion. Notwithstanding the foregoing, temporary or semi-permanent repairs such as pothole lling, crackseal, and infrared are offered with no express or implied warranties. Asphalt overlays are not warrantied against re ective cracking. This warranty does not include normal wear and tear, damage caused by oil or chemical spills, snowplows, excessive weight, tire tears, lack of parking lot maintenance, and/or product abuse. Under this warranty, Rose Paving will be provided with the opportunity to have one of its representatives assess any purported defect caused by Rose Paving employees and/or material installed by Rose Paving. If Rose Paving determines the claimed defect was the fault of Rose Paving’s workmanship and/or materials, Rose Paving will, at no cost to Customer, repair or replace the affected work. Rose Paving will be under no obligation to perform punch-list work until 95% of the Proposal price, as adjusted by any change orders, has been paid. Rose Paving will be under no obligation to perform warranty work, and no warranty will be valid, until 100% of the Proposal price, as adjusted by any change orders, has been paid.

CONSENT TO USE OF PHOTOGRAPHS, IMAGES AND VIDEOS: Customer consents to Rose Paving using images and videos of jobsite as described in proposal or any work order, for use in Rose Paving promotional, marketing and training materials. Rose Paving shall have the right to use the name, logos, trademarks, trade names, service marks or other marks of Customer to the extent any of the foregoing appear in photographs, images and videos of the jobsite.

NON-DISCLOSURE: Customer acknowledges that information in this Proposal, including but not limited to pricing, determination of scope of work, method for evaluating parking lots, and methods of repair, constitute and include Rose Paving's Con dential Information. This Proposal shall not be shared, distributed, or disseminated to any other contractor and Customer acknowledges that should it violate this provision monetary damages will not be an adequate remedy and Rose Paving shall be entitled to injunctive relief in addition to any other remedy available in law or equity.

ALTERATIONS TO THIS PROPOSAL: Pricing is contingent on Customer accepting the Proposal as submitted. Alterations or notations on or to this Proposal will not be valid unless accepted in writing by a General Manager or
Vice-President of the Rose Paving division issuing this Proposal, or an of cer of Rose Paving.

SEVERABILITY OF TERMS: Should any part of this agreement be deemed unenforceable, the remaining terms shall be severable and separately enforceable and shall remain in full force .
AUTHORITY TO SIGN: The undersigned represents and warrants to Rose Paving that such individual is fully authorized to bind Customer, and has been expressly given, received, and accepted authority to enter into this binding agreement.

NOTICE TO CUSTOMERS FOR HOME IMROVEMENTS CONTRACTS
"YOU, THE BUYER, MAY CANCEL THIS TRANSACTION AT ANY TIME PRIOR TO MIDNIGHT OF THE THIRD BUSINESS DAY AFTER THE DATE OF THIS TRANSACTION. SEE THE ATTACHED NOTICE OF CANCELLATION FORM FOR AN EXPLANATION OF THIS RIGHT."

As a duly authorized representative of Myrtle Creek Trail Phase 2, I agree to these Terms & Conditions

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

Resolution 2025-07,
Adopting the Fiscal Year 2026 Budget and Appropriating Funds

RESOLUTION 2025-07

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

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

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

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

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

SECTION 1.   BUDGET

a.	The Proposed Budget, attached hereto as Exhibit A, as amended by the Board, is hereby
adopted in accordance with the provisions of Section 190.008(2)(a), Florida Statutes (“Adopted Budget”), and incorporated herein by reference; provided, however, that the comparative figures contained in the Adopted Budget may be subsequently revised as deemed necessary by the District Manager to reflect actual revenues and expenditures.	
b.	The Adopted Budget, as amended, shall be maintained in the office of the District Manager and at the District’s Local Records Office and identified as “The Budget for the Myrtle Creek Improvement District for the Fiscal Year Ending September 30, 2026.”	
c.	The Adopted Budget shall be posted by the District Manager on the District’s official website in accordance with Section 189.016, Florida Statutes and shall remain on the website for at least two (2) years.	

SECTION 2.	APPROPRIATIONS

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

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

a.	A line-item appropriation for expenditures within a fund may be decreased or increased
by motion of the Board recorded in the minutes, and approving the expenditure, if the total appropriations of the fund do not increase.	
b.	The District Manager or Treasurer may approve an expenditure that would increase or decrease a line-item appropriation for expenditures within a fund if the total appropriations of the fund do not increase and if either (i) the aggregate change in the original appropriation item does not exceed the greater of $15,000 or 15% of the original appropriation, or (ii) such expenditure is authorized by separate disbursement or spending resolution.	
c.	Any other budget amendments shall be adopted by resolution and consistent with Florida law. The District Manager or Treasurer must ensure that any amendments to the budget
under this paragraph c. are posted on the District’s website in accordance with Section	
189.016, Florida Statutes, and remain on the website for at least two (2) years.

SECTION 4.	EFFECTIVE DATE. This Resolution shall take effect immediately upon adoption.
PASSED AND ADOPTED THIS 19th DAY OF AUGUST 2025.
ATTEST:	MYRTLE CREEK IMPROVEMENT DISTRICT

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

EXHIBIT A

Myrtle Creek Improvement District
July 2025 Budget Package

July 31, 2025

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

Myrtle Creek Improvement District
FY 2026 Proposed O&M Budget

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

Revenues						
On-Roll Assessments	$	882,034.36	$	45,517.44	$	927,551.80	$	858,801.80	$	858,801.80	
Wellspring Assessments	-	-	-	68,750.00	68,750.00	
Other Income & Other Financing Sources	15,127.80	-	15,127.80	-	-	
Carryforward Revenue	77,958.32	15,591.66	93,549.98	93,549.98	96,820.02	
Net Revenues	$	975,120.48	$	61,109.10	$ 1,036,229.58	$ 1,021,101.78	$ 1,024,371.83	
General & Administrative Expenses						
Legislative						
Supervisor Fees	$	7,400.00	$	2,000.00	$	9,400.00	$	12,000.00	$	12,000.00	
Financial & Administrative						
Public Officials' Liability Insurance	4,210.00	-	4,210.00	4,655.20	4,841.50	
Trustee Services	5,822.81	-	5,822.81	7,000.00	7,000.00	
Management	38,958.30	7,791.70	46,750.00	46,750.00	46,750.00	
Engineering	22,701.21	4,853.22	27,554.43	19,500.00	10,000.00	
Disclosure	2,000.00	-	2,000.00	1,800.00	1,500.00	
Property Appraiser	-	2,500.00	2,500.00	2,500.00	3,500.00	
District Counsel	13,525.01	11,474.99	25,000.00	25,000.00	25,000.00	
Assessment Administration	7,500.00	-	7,500.00	7,500.00	7,500.00	
Reamortization Schedules	-	250.00	250.00	250.00	250.00	
Audit	3,765.00	-	3,765.00	3,765.00	4,000.00	
Arbitrage Calculation	-	900.00	900.00	900.00	900.00	
Tax Preparation	-	-	-	-	42.00	
Travel and Per Diem	131.86	168.14	300.00	300.00	300.00	
Telephone	-	25.00	25.00	25.00	25.00	
Postage & Shipping	31.33	968.67	1,000.00	1,000.00	500.00	
Copies	-	2,000.00	2,000.00	2,000.00	2,000.00	
Legal Advertising	3,888.73	2,611.27	6,500.00	6,500.00	6,500.00	
Bank Fees	15.00	345.00	360.00	360.00	48.00	
Miscellaneous	232.40	9,147.60	9,380.00	9,380.00	5,000.00	
Meeting Room	-	250.00	250.00	250.00	250.00	
Office Supplies	-	100.00	100.00	100.00	100.00	
Web Site Maintenance	2,250.00	570.00	2,820.00	3,000.00	2,940.00	
Holiday Decorations	1,000.00	-	1,000.00	1,250.00	1,250.00	
Dues, Licenses, and Fees	175.00	-	175.00	175.00	175.00	
Total General & Administrative Expenses	$	113,606.65	$	45,955.59	$	159,562.24	$	155,960.20	$	142,371.50	

My			
	FY 2026 Proposed O&M Budget			

Actual Through 7/31/2025	

Anticipated 8/2025 - 9/2025	

Anticipated Total FY 2025	

FY 2025
Adopted Budget	
FY 2026
Proposed Budget	
Field Operations				
Electric Utility Services				
Electric	$	1,165.60	$	233.12	$	1,398.72	$	1,500.00	$	1,500.00	
Entry Lighting	240.01	48.00	288.01	500.00	500.00	
Water-Sewer Combination Services				
Water Reclaimed	21,738.71	4,347.74	26,086.45	32,500.00	38,000.00	
Stormwater Control				
Aquatic Contract	3,250.00	650.00	3,900.00	3,900.00	3,900.00	
Other Physical Environment				
General Liability Insurance	4,821.00	-	4,821.00	5,331.40	5,544.15	
Property & Casualty Insurance	-	-	-	1,700.00	1,700.00	
Other Insurance	-	-	-	100.00	1,500.00	
Irrigation Repairs	12,696.86	2,539.38	15,236.24	45,000.00	45,000.00	
Landscaping Maintenance & Material				
District Landscaping	131,128.10	26,225.62	157,353.72	263,577.12	275,000.00	
Gateway Road Landscaping	394.90	78.98	473.88	473.88	473.88	
Tree Trimming	77,500.00	-	77,500.00	40,000.00	42,000.00	
Flower & Plant Replacement	5,069.78	1,013.96	6,083.74	50,000.00	50,000.00	
Contingency	306.11	61.22	367.33	75,915.18	75,915.18	
Pest Control	2,510.00	-	2,510.00	2,810.00	1,300.00	
Hurricane Cleanup	2,275.00	8,333.34	10,608.34	50,000.00	50,000.00	
Interchange Maintenance Expenses				
IME - Aquatics Maintenance	2,630.30	526.06	3,156.36	3,339.00	3,339.00	
IME - Irrigation Repairs	2,569.63	513.92	3,083.55	3,150.00	3,150.00	
IME - Landscaping	75,631.80	15,126.36	90,758.16	94,500.00	92,333.12	
IME - Lighting	477.74	95.54	573.28	1,260.00	1,260.00	
IME - Miscellaneous	96.08	19.22	115.30	6,300.00	6,300.00	
IME - Water Reclaimed	564.29	112.86	677.15	1,575.00	1,575.00	
IME - Landscape Improvements	4,143.36	828.68	4,972.04	12,600.00	12,600.00	
New Operational Field Expenses				
Trail Repair	20,300.00	-	20,300.00	15,000.00	15,000.00	
Road & Street Facilities				
Entry and Wall Maintenance	1,850.00	370.00	2,220.00	10,000.00	10,000.00	
Streetlights	9,928.58	1,985.72	11,914.30	15,000.00	15,000.00	
Parks & Recreation				
Personnel Leasing Agreement - Administrator	13,333.40	2,666.60	16,000.00	16,000.00	16,000.00	
Personnel Leasing Agreement - Irrigation Specialist	16,666.70	3,333.30	20,000.00	20,000.00	20,000.00	
Reserves				
Infrastructure Capital Reserve	-	20,000.00	20,000.00	20,000.00	20,000.00	
Interchange Maintenance Reserve	-	2,360.00	2,360.00	2,360.00	2,360.00	
Lake/Pond Repair Reserve	-	5,000.00	5,000.00	5,000.00	5,000.00	
Total Field Operations Expenses	$	411,287.95	$	96,469.62	$	507,757.57	$	799,391.58	$	816,250.33

Myrtle Creek Improvement District
FY 2026 Proposed O&M Budget

Actual Through 7/31/2025		Anticipated 8/2025 - 9/2025		Anticipated Total FY 2025		FY 2025
Adopted Budget		FY 2026
Proposed Budget	
Wellspring Blvd./Performance Drive Expenses													
Irrigation Repairs	$	7,155.93		$	1,431.18		$	8,587.11		$	5,230.50		$	5,230.50	
Landscaping		30,951.90		6,190.38		37,142.28			37,142.33			40,000.00	
Flower & Plant Replacement		7,600.00		1,520.00		9,120.00			10,000.00			7,142.33	
Lighting		431.92		86.38		518.30			9,377.17			7,877.17	
Miscellaneous		-		583.34		583.34			3,500.00			3,500.00	
Water Reclaimed		4,033.82		806.76		4,840.58			3,500.00			5,000.00	
Total Wellspring Blvd./Performance Drive Expenses	$	50,173.57		$	10,618.04		$	60,791.61		$	68,750.00		$	68,750.00	

Total Expenses	
$	575,068.17		
$	153,043.25		
$	728,111.42		
$ 1,024,101.78		
$ 1,027,371.83	
Income (Loss) from Operations	$	400,052.31		$	(91,934.15)		$	308,118.16		$	(3,000.00)		$	(3,000.00)	
Other Income (Expense)													
Interest Income	$	13,551.27		$	131.16		$	13,682.43		$	3,000.00		$	3,000.00	
Total Other Income (Expense)	$	13,551.27		$	131.16		$	13,682.43		$	3,000.00		$	3,000.00	
Net Income (Loss)	$	413,603.58		$	(91,802.99)		$	321,800.59		$	-		$	-	

Myrtle Creek Improvement District FY 2026 Proposed Debt Service Budget
Series 2016A Special Assessment Bonds

		FY 2026	
		Proposed	
		Budget	
REVENUES:			
Special Assessments Series 2016A	$	1,459,250.00	
TOTAL REVENUES	$	1,459,250.00	

EXPENDITURES:			
Series 2016A - Interest 11/01/2025	$	198,950.00	
Series 2016A - Principal 05/01/2026		880,000.00	
Series 2016A - Interest 05/01/2026		198,950.00	
TOTAL EXPENDITURES	$	1,277,900.00	

EXCESS REVENUES	

$	

181,350.00	

Series 2016A - Interest 11/01/2026	

$	

181,350.00	

Revenues

On-Roll Assessments

The District can levy a Non-Ad Valorem assessment on all the assessable property within the District in order to pay for the operating expenditures during the Fiscal Year. Assessments collected via the tax collector are referred to as “On-Roll Assessments.”

Wellspring Assessments
On-Roll Assessments collected from properties listed in the Wellspring portion of the District.

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

General & Administrative Expenses

Legislative

Supervisor Fees

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

Financial & Administration
Public Officials’ Liability Insurance

Supervisors’ and Officers’ liability insurance.
Trustee Services

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

Management

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

Engineering

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

Disclosure

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

Property Appraiser

Cost incurred for a copy of the annual parcel listing for parcels within the District from the county.
District Counsel

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

Assessment Administration

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

Reamortization Schedules

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

Audit

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

Arbitrage Calculation

Annual computations are necessary to calculate arbitrage rebate liability to ensure the District's compliance with all tax regulations.

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

Travel and Per Diem

Travel to and from meetings as related to the District.

Telephone

Telephone and fax machine services as related to the District.

Postage & Shipping

Mail, overnight deliveries, correspondence, etc.

Copies

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

Legal Advertising

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

Bank Fees

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

Miscellaneous
Other general & administrative expenses incurred throughout the year.

Meeting Room

Fee associated with renting a meeting room for monthly Board meetings.
Office Supplies

General office supplies associated with the District.

Web Site Maintenance

Website maintenance fee.

Holiday Decorations

District decorations for the holidays.

Dues, Licenses & Fees

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

Field Operations Expenses

Electric Utility Services

Electric

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

Lighting charges for District entryways.

Water-Sewer Combination Services

Water Reclaimed Water used for irrigation Stormwater Control
Aquatic Contract

Contracted services for maintenance of aquatic areas within the District.

Other Physical Environment

General Liability Insurance

General liability insurance.

Property & Casualty Insurance

Insurance to protect property and cover casualty.

Other Insurance

Insurance for crime, District board members, and volunteer works.

Irrigation Repairs
Inspection and repair of irrigation systems.

District Landscaping Maintenance & Material

Contracted landscaping within the boundaries of the District.

Gateway Road Landscaping Maintenance & Material

Contracted landscaping on Gateway Road.

Tree Trimming

Trimming of trees on District property.

Flower & Plant Replacement

Purchase of materials and labor to replace flowers and plants within the District.

Contingency

Other Field Operations expenses incurred throughout the year.

Pest Control

Pest control services.

Hurricane Cleanup

Funds set aside to assist with any cleanup needed from a hurricane or funds needed to pay a hurricane-related insurance deductible.

Interchange Maintenance Expenses
IME – Aquatics Maintenance

Pond maintenance as it relates to the Interchange. The District is responsible for only a portion of the cost. Boggy Creek Improvement District, Greeneway Improvement District, and Midtown Improvement District each chip in for the remainder.
IME – Irrigation Repairs
Irrigation repairs as they relate to the Interchange. The District is responsible for only a portion of the cost. Boggy Creek Improvement District, Greeneway Improvement District, and Midtown Improvement District each chip in for the remainder.

IME – Landscaping

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

IME – Lighting

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

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

IME – Water Reclaimed

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

IME – Landscape Improvements

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

New Operational Field Expenses
Trail Repair

Expenses related to repairing the trail within the District.
Road & Street Facilities
Entry and Wall Maintenance

Maintenance of entrance(s) and walls within the District.
Streetlights
Streetlighting expenses within the District.

Parks & Recreation

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

Personnel Leasing Agreement – Irrigation Specialist

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

Reserves

Infrastructure Capital Reserve

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

Interchange Maintenance Reserve

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

Funds reserved for lake and pond repairs.

Wellspring Blvd./Performance Drive Expenses

Irrigation Repairs

Inspection and repair of irrigation systems within Wellspring Boulevard or Performance Drive.

Landscaping
Landscaping services within Wellspring Boulevard or Performance Drive.

Flower & Plant Replacement

Flower or plant replacement expenses within Wellspring Boulevard or Performance Drive.

Lighting

Lighting expenses within Wellspring Boulevard or Performance Drive.

Miscellaneous

Miscellaneous expenses within Wellspring Boulevard or Performance Drive.

Water Reclaimed

Reclaimed water expenses within Wellspring Boulevard or Performance Drive.

Other Income (Expense)

Interest Income

Income from interest earnings.

Myrtle Creek Improvement District

Resolution 2025-08,
Adopting an Assessment Roll for Fiscal Year 2026 Budget and Appropriating Funds
(Exhibit B provided under separate cover)

RESOLUTION 2025-08

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

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

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

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

OPERATIONS AND MAINTENANCE ASSESSMENTS.

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

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

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

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

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

SEVERABILITY. The invalidity or unenforceability of any one or more provisions of this Resolution shall not affect the validity or enforceability of the remaining portions of this Resolution, or any part thereof.

EFFECTIVE DATE. This Resolution shall take effect upon the passage and adoption of this Resolution by the Board.

PASSED AND ADOPTED this 19th day of August 2025.
ATTEST:	MYRTLE CREEK IMPROVEMENT DISTRICT

Secretary / Assistant Secretary

By:	 Its:	

Exhibit A:	Budget
Exhibit B:	Assessment Roll

EXHIBIT A

Myrtle Creek Improvement District
FY 2026 Proposed O&M Budget

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

Revenues						
On-Roll Assessments	$	882,034.36	$	45,517.44	$	927,551.80	$	858,801.80	$	858,801.80	
Wellspring Assessments	-	-	-	68,750.00	68,750.00	
Other Income & Other Financing Sources	15,127.80	-	15,127.80	-	-	
Carryforward Revenue	77,958.32	15,591.66	93,549.98	93,549.98	96,820.02	
Net Revenues	$	975,120.48	$	61,109.10	$ 1,036,229.58	$ 1,021,101.78	$ 1,024,371.83	
General & Administrative Expenses						
Legislative						
Supervisor Fees	$	7,400.00	$	2,000.00	$	9,400.00	$	12,000.00	$	12,000.00	
Financial & Administrative						
Public Officials' Liability Insurance	4,210.00	-	4,210.00	4,655.20	4,841.50	
Trustee Services	5,822.81	-	5,822.81	7,000.00	7,000.00	
Management	38,958.30	7,791.70	46,750.00	46,750.00	46,750.00	
Engineering	22,701.21	4,853.22	27,554.43	19,500.00	10,000.00	
Disclosure	2,000.00	-	2,000.00	1,800.00	1,500.00	
Property Appraiser	-	2,500.00	2,500.00	2,500.00	3,500.00	
District Counsel	13,525.01	11,474.99	25,000.00	25,000.00	25,000.00	
Assessment Administration	7,500.00	-	7,500.00	7,500.00	7,500.00	
Reamortization Schedules	-	250.00	250.00	250.00	250.00	
Audit	3,765.00	-	3,765.00	3,765.00	4,000.00	
Arbitrage Calculation	-	900.00	900.00	900.00	900.00	
Tax Preparation	-	-	-	-	42.00	
Travel and Per Diem	131.86	168.14	300.00	300.00	300.00	
Telephone	-	25.00	25.00	25.00	25.00	
Postage & Shipping	31.33	968.67	1,000.00	1,000.00	500.00	
Copies	-	2,000.00	2,000.00	2,000.00	2,000.00	
Legal Advertising	3,888.73	2,611.27	6,500.00	6,500.00	6,500.00	
Bank Fees	15.00	345.00	360.00	360.00	48.00	
Miscellaneous	232.40	9,147.60	9,380.00	9,380.00	5,000.00	
Meeting Room	-	250.00	250.00	250.00	250.00	
Office Supplies	-	100.00	100.00	100.00	100.00	
Web Site Maintenance	2,250.00	570.00	2,820.00	3,000.00	2,940.00	
Holiday Decorations	1,000.00	-	1,000.00	1,250.00	1,250.00	
Dues, Licenses, and Fees	175.00	-	175.00	175.00	175.00	
Total General & Administrative Expenses	$	113,606.65	$	45,955.59	$	159,562.24	$	155,960.20	$	142,371.50	

My			
	FY 2026 Proposed O&M Budget			

Actual Through 7/31/2025	

Anticipated 8/2025 - 9/2025	

Anticipated Total FY 2025	

FY 2025
Adopted Budget	
FY 2026
Proposed Budget	
Field Operations				
Electric Utility Services				
Electric	$	1,165.60	$	233.12	$	1,398.72	$	1,500.00	$	1,500.00	
Entry Lighting	240.01	48.00	288.01	500.00	500.00	
Water-Sewer Combination Services				
Water Reclaimed	21,738.71	4,347.74	26,086.45	32,500.00	38,000.00	
Stormwater Control				
Aquatic Contract	3,250.00	650.00	3,900.00	3,900.00	3,900.00	
Other Physical Environment				
General Liability Insurance	4,821.00	-	4,821.00	5,331.40	5,544.15	
Property & Casualty Insurance	-	-	-	1,700.00	1,700.00	
Other Insurance	-	-	-	100.00	1,500.00	
Irrigation Repairs	12,696.86	2,539.38	15,236.24	45,000.00	45,000.00	
Landscaping Maintenance & Material				
District Landscaping	131,128.10	26,225.62	157,353.72	263,577.12	275,000.00	
Gateway Road Landscaping	394.90	78.98	473.88	473.88	473.88	
Tree Trimming	77,500.00	-	77,500.00	40,000.00	42,000.00	
Flower & Plant Replacement	5,069.78	1,013.96	6,083.74	50,000.00	50,000.00	
Contingency	306.11	61.22	367.33	75,915.18	75,915.18	
Pest Control	2,510.00	-	2,510.00	2,810.00	1,300.00	
Hurricane Cleanup	2,275.00	8,333.34	10,608.34	50,000.00	50,000.00	
Interchange Maintenance Expenses				
IME - Aquatics Maintenance	2,630.30	526.06	3,156.36	3,339.00	3,339.00	
IME - Irrigation Repairs	2,569.63	513.92	3,083.55	3,150.00	3,150.00	
IME - Landscaping	75,631.80	15,126.36	90,758.16	94,500.00	92,333.12	
IME - Lighting	477.74	95.54	573.28	1,260.00	1,260.00	
IME - Miscellaneous	96.08	19.22	115.30	6,300.00	6,300.00	
IME - Water Reclaimed	564.29	112.86	677.15	1,575.00	1,575.00	
IME - Landscape Improvements	4,143.36	828.68	4,972.04	12,600.00	12,600.00	
New Operational Field Expenses				
Trail Repair	20,300.00	-	20,300.00	15,000.00	15,000.00	
Road & Street Facilities				
Entry and Wall Maintenance	1,850.00	370.00	2,220.00	10,000.00	10,000.00	
Streetlights	9,928.58	1,985.72	11,914.30	15,000.00	15,000.00	
Parks & Recreation				
Personnel Leasing Agreement - Administrator	13,333.40	2,666.60	16,000.00	16,000.00	16,000.00	
Personnel Leasing Agreement - Irrigation Specialist	16,666.70	3,333.30	20,000.00	20,000.00	20,000.00	
Reserves				
Infrastructure Capital Reserve	-	20,000.00	20,000.00	20,000.00	20,000.00	
Interchange Maintenance Reserve	-	2,360.00	2,360.00	2,360.00	2,360.00	
Lake/Pond Repair Reserve	-	5,000.00	5,000.00	5,000.00	5,000.00	
Total Field Operations Expenses	$	411,287.95	$	96,469.62	$	507,757.57	$	799,391.58	$	816,250.33

Myrtle Creek Improvement District
FY 2026 Proposed O&M Budget

Actual Through 7/31/2025		Anticipated 8/2025 - 9/2025		Anticipated Total FY 2025		FY 2025
Adopted Budget		FY 2026
Proposed Budget	
Wellspring Blvd./Performance Drive Expenses													
Irrigation Repairs	$	7,155.93		$	1,431.18		$	8,587.11		$	5,230.50		$	5,230.50	
Landscaping		30,951.90		6,190.38		37,142.28			37,142.33			40,000.00	
Flower & Plant Replacement		7,600.00		1,520.00		9,120.00			10,000.00			7,142.33	
Lighting		431.92		86.38		518.30			9,377.17			7,877.17	
Miscellaneous		-		583.34		583.34			3,500.00			3,500.00	
Water Reclaimed		4,033.82		806.76		4,840.58			3,500.00			5,000.00	
Total Wellspring Blvd./Performance Drive Expenses	$	50,173.57		$	10,618.04		$	60,791.61		$	68,750.00		$	68,750.00	

Total Expenses	
$	575,068.17		
$	153,043.25		
$	728,111.42		
$ 1,024,101.78		
$ 1,027,371.83	
Income (Loss) from Operations	$	400,052.31		$	(91,934.15)		$	308,118.16		$	(3,000.00)		$	(3,000.00)	
Other Income (Expense)													
Interest Income	$	13,551.27		$	131.16		$	13,682.43		$	3,000.00		$	3,000.00	
Total Other Income (Expense)	$	13,551.27		$	131.16		$	13,682.43		$	3,000.00		$	3,000.00	
Net Income (Loss)	$	413,603.58		$	(91,802.99)		$	321,800.59		$	-		$	-	

Myrtle Creek Improvement District FY 2026 Proposed Debt Service Budget
Series 2016A Special Assessment Bonds

		FY 2026	
		Proposed	
		Budget	
REVENUES:			
Special Assessments Series 2016A	$	1,459,250.00	
TOTAL REVENUES	$	1,459,250.00	

EXPENDITURES:			
Series 2016A - Interest 11/01/2025	$	198,950.00	
Series 2016A - Principal 05/01/2026		880,000.00	
Series 2016A - Interest 05/01/2026		198,950.00	
TOTAL EXPENDITURES	$	1,277,900.00	

EXCESS REVENUES	

$	

181,350.00	

Series 2016A - Interest 11/01/2026	

$	

181,350.00	

Page 1 of 1

EXHIBIT B

Myrtle Creek Improvement District

Resolution 2025-09,
Adopting Goals, Objectives, and Performance Measures and Standards

RESOLUTION 2025-09

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE MYRTLE CREEK IMPROVEMENT DISTRICT ADOPTING GOALS, OBJECTIVES, AND PERFORMANCE MEASURES AND STANDARDS; PROVIDING A SEVERABILITY CLAUSE; AND PROVIDING AN EFFECTIVE DATE.
WHEREAS, the Myrtle Creek Improvement District (the “District”) is a local unit of special- purpose government created and existing pursuant to Chapter 190, Florida Statutes; and
WHEREAS, effective July 1, 2024, the Florida Legislature adopted House Bill 7013, codified as Chapter 2024-136, Laws of Florida (“HB 7013”) and creating Section 189.0694, Florida Statutes; and
WHEREAS, pursuant to HB 7013 and Section 189.0694, Florida Statutes, beginning October 1, 2024, the District shall establish goals and objectives for the District and create performance measures and standards to evaluate the District’s achievement of those goals and objectives; and
WHEREAS, the District Manager has prepared the attached goals, objectives, and performance measures and standards and presented them to the Board of the District; and

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

SECTION 3.  If any provision of this resolution is held to be illegal or invalid, the other provisions shall remain in full force and effect.
SECTION 4.  This resolution shall become effective upon its passage and shall remain in effect unless rescinded or repealed.

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

ATTEST:	MYRTLE CREEK IMPROVEMENT DISTRICT

Secretary/Assistant Secretary	Chairman, Board of Supervisors

Exhibit A: Performance Measures/Standards and Annual Reporting

Exhibit A

Exhibit A:
Goals, Objectives and Annual Reporting Form

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

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

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

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

 ​Infrastructure and Facilities Maintenance
Goal 2.1: District Infrastructure and Facilities Inspections
Objective: District Engineer will conduct an annual inspection of the District’s infrastructure and related systems.
Measurement: A minimum of one inspection completed per year as evidenced by district engineer’s report related to district’s infrastructure and related systems.
Standard: Minimum of one inspection was completed in the Fiscal Year by the district’s engineer.
Achieved: Yes  No 

 ​Financial Transparency and Accountability Goal 3.1: Annual Budget Preparation
Objective: Prepare and approve the annual proposed budget by June 15 and final budget was adopted by September 30 each year.
Measurement: Proposed budget was approved by the Board before June 15 and final budget was adopted by September 30 as evidenced by meeting minutes and budget documents listed on CDD website and/or within district records.
Standard: 100% of budget approval & adoption were completed by the statutory deadlines and posted to the CDD website.
Achieved: Yes  No 

Goal 3.2: Financial Reports
Objective: Publish to the CDD website the most recent versions of the following documents: Annual audit, current fiscal year budget with any amendments, and most recent financials within the latest agenda package.
Measurement: Annual audit, previous years’ budgets, and financials are accessible to the public as evidenced by corresponding documents on the CDD’s website.
Standard: CDD website contains 100% of the following information: Most recent annual audit, most recent adopted/amended fiscal year budget, and most recent agenda package with updated financials.
Achieved: Yes  No 

Goal 3.3: Annual Financial Audit
Objective: Conduct an annual independent financial audit per statutory requirements and publish the results to the CDD website for public inspection, and transmit to the State of Florida.
Measurement: Timeliness of audit completion and publication as evidenced by meeting minutes showing board approval and annual audit is available on the CDD’s website and transmitted to the State of Florida.
Standard: Audit was completed by an independent auditing firm per statutory requirements and results were posted to the CDD website and transmitted to the State of Florida.
Achieved: Yes  No 

Chair/Vice Chair:			Date:	 Print Name:		

District Manager:			Date:	 Print Name:	

Myrtle Creek Improvement District

Resolution 2025-10, Designating a Public Depository

RESOLUTION 2025-10

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE MYRTLE CREEK IMPROVEMENT DISTRICT DESIGNATING A PUBLIC DEPOSITORY FOR FUNDS OF THE MYRTLE CREEK IMPROVEMENT DISTRICT AND PROVIDING AN EFFECTIVE DATE.
WHEREAS, the Myrtle Creek Improvement District (“District”) is a local unit of special-purpose government created and existing pursuant to Chapter 190, Florida Statutes; and

WHEREAS, the District’s Board of Supervisors (“Board”) is statutorily authorized to select a depository as defined in Section 280.02, Florida Statutes, which meets all the requirements of Chapter 280 and has been designated by the State Treasurer as a qualified public depository; and

WHEREAS, the Board desires to designate a public depository for the District funds.
NOW THEREFORE BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE MYRTLE CREEK IMPROVEMENT DISTRICT THAT:

DESIGNATION OF PUBLIC DEPOSITORY. 	
is hereby designated as the public depository for District funds. In accordance with Section 280.17(4), Florida Statutes, the District’s Secretary is directed to furnish to the State Treasurer prior to the deposit of any public funds, the District’s official name, address, federal employer identification number, and the name of the person or persons responsible for establishing accounts. The District’s Treasurer, upon assuming responsibility for handling the District funds, is directed to furnish to the State Treasurer annually the information required in accordance with Section 280.17(3), Florida Statutes.
EFFECTIVE DATE. This Resolution shall take effect upon its passage and shall remain in effect unless rescinded or repealed.
PASSED AND ADOPTED this 19th day of August 2025.

ATTEST:	MYRTLE CREEK IMPROVEMENT DISTRICT

Chairperson/Vice Chairperson, Board of Supervisors
Secretary/Assistant Secretary

1

Myrtle Creek Improvement District

Disclosure Filing Assistance Services Agreement with PFM

August 19, 2025

AGREEMENT FOR FILING ASSISTANCE SERVICES

This agreement provides information regarding the services of PFM Group Consulting LLC (“PFM”) for f iling assistance with respect to the Securities and Exchange Commission Rule 15c2-12 relating to continuing disclosure of financial information, operating data, and material events as they pertain to bonds the Myrtle Creek Improvement District (the “Client”) has issued.
The Securities and Exchange Commission (“SEC”) modified Rule 15c2-12 such that as of July 2009, all filings are required to be made electronically through the Municipal Securities Rulemaking Board’s (“MSRB”) Electronic Municipal Market Access (“EMMA”) system.
The Client has entered into continuing disclosure undertakings in connection with the issuance of past bond issues in which the Client covenanted to file annual disclosure reports each March 28th after the close of its fiscal year and to provide notice of material events if any should occur. The annual disclosure report shall include information identified in the applicable continuing disclosure agreement, and/or the official statements for the bonds (the “Annual Disclosure Report”).
In the case of any Material Events, it is the responsibility of the Client to inform PFM of the occurrence of the event as soon as it becomes known and to review the content of the Notice that PFM will f ile on EMMA.
PFM will rely on the information provided by the Client in the preparation of the Annual Disclosure Report and will rely on the Client to review the Annual Disclosure Report and we assume no responsibility for the timely availability or completeness and accuracy of such information. Our sole duty is to assist the Client with preparing the Annual Disclosure Report and submitting the Annual Disclosure Report to the MSRB EMMA site as required. We assume no responsibility for the determination of whether any Notices other than the Annual Disclosure Report are required to be filed. All such f urther Notices, if any, which may be supplied to us by the Client are warranted by the Client to be complete and accurate. Subject to the Client’s written assurance of the completeness and accuracy of any such Notice given to us for filing by the Client, we will f ile any other required notices (Material Events) via the EMMA system.
If you would like for PFM to provide filing assistance for ongoing Annual Disclosure Reporting as outlined in this agreement, please review the following and return an executed copy of this letter to our offices.
Our services and related f ees are as follows:
 One-time Acceptance Fee for New Series	$1,500
Annual Filing Fee:	$1,500
PFM reserves the right to request reimbursement for any out-of-pocket costs that we may incur in f iling an Annual Disclosure Report or Material Event Notices.
Bonds issued prior to the date of this agreement shall not be subject to the One-time Acceptance Fee.

In exchange for the annual f ee, PFM shall perf orm the following services:
Notice to the Client that Annual Disclosure Report will be coming due.
List of information required in the Annual Disclosure Report which will need to be supplied by the Client.
Documentation or citation of information that will come from parties outside of the Client (e.g., local units, counties, Municipal Advisory Council of Florida, the State of Florida, etc.).
Compilation or Draft of Annual Disclosure Report, based on information provided by the Client and other entities.
Submission of Annual Disclosure Report.
Copies and confirmation delivered to the Client indicating Annual Report and audited financial statements have been f iled; and
Filing of Material Events Notices provided or reviewed by the Client.
PFM will undertake reasonable ef forts to monitor the credit ratings of the State of Florida and bond insurance companies and notif y the Client when it becomes aware of any changes. If PFM becomes aware of any such rating change we will prepare and f ile notice on EMMA when required.

Contract Term
This contract covers all outstanding and future bond issues of the Client that are subject to continuing disclosure requirements and will be in eff ect for the lif e of those bond issues, unless earlier terminated.
Termination of Contract
This contract may be terminated by either party with 30 days’ notice.
If this engagement letter is satisfactory, please have an authorized official acknowledge below and return one copy to the undersigned.

ACCEPTED THIS 	 DAY OF 	, 2025:

Myrtle Creek Improvement District	PFM Group Consulting LLC

By: 		By: 	 Name: 		Name:			 Title: 		Title: 		

Myrtle Creek Improvement District

Operation and Maintenance Expenditures Paid in July 2025 in an amount totaling $99,452.61

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

The total items being presented:    $99,452.61

Approval of Expenditures:

	 Chairman

	 Vice Chairman

	 Assistant Secretary

AP Check Register (Current by Bank)
Check Dates: 7/1/2025 to 7/31/2025

Check No.	Date	Status*	Vendor ID	Payee Name	Amount	
BANK ID: OM1471 - CIT( NATIONAL BANK	001-101-0000-00-01	
) *7	07/02/25	P	D-. C	Dona$% &' c(ntosh Associates		+1,171' 5	
) * 	07/02/25	P	/01A/	/utak Rock		+2,5 '50	
) **	07/02/25	P	-R324.	-r$an%o 2entine$		+223'25	
)700	07/0*/25	P	A&C	A5uatic &ee% Contro$, (nc'		+325'00	
)701	07/0*/25	P	673-BA	67$oba$1ech		+300'00	
)702	07/2*/25	P	B4R A.	Ber8an Construction		+3,000'01	
)703	07/2*/25	P	B632	Bright6ie9 3an%sca:e 2er;ices		+1 ,20 '00	
)70)	07/2*/25	P	D&C-=	D&C -ut%oors < =au$ing 33C		+37,500'00	
)705	07/2*/25	P	P> 7C	P> 7rou: Consu$ting		+3, *5' 3	
)70 	07/2*/25	P	1R0214	02 Bank as 1rustee ?or yrt$e		+13, 07'2 	
)707	07/2*/25	P	673-BA	67$oba$1ech		+135'00	
)70 	07/30/25	P	BC(D	Boggy Creek (8:ro;' District		+)7' 5	
)70*	07/30/25	P	D-. C	Dona$% &' c(ntosh Associates		+50*' 0	
)710	07/30/25	P	/2C=-3	/y$e 2cho$$		+200'00	
)711	07/30/25	P	3DA2(3	3ione$ R' Dasi$;a		+200'00	
)712	07/30/25	P	 344D	 arsha 3ee%		+200'00	
)713	07/30/25	P	-R324.	-r$an%o 2entine$		+223'25	
					BANK OM1471 REGISTER TOTAL:	$80,313.22	
BANK ID: OM-ACH - CIT( NATIONAL BANK - ACH 4 5IRES	001-101-0000-00-01	
7003)	07/0*/25	 	BC(D	Boggy Creek (8:ro;' District		+7,*5 '2*	
70035	07/0*/25	 	R-24PA	Rose Pa;ing		+20,300'00	
7003 	07/1)/25	 	-0C	-r$an%o 0ti$ities Co88ission		+),521'03	
					BANK OM-ACH REGISTER TOTAL:	$32,779.32	
					GRAND TOTAL :	$113,092.54	

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

BANK:	OM1471	CHECK:	4697	AMOUNT:	$1,171.65	DATE:	07/02/25	VEND ID:	DONMC			
Date	Invoice Number		Invoice Description					Discount Taken		Amount Paid	
06/20/25	47417			PA 682 - Eng. srvs. thru 05/30				$0.00		$1,171.65	
				TOTALS:
AMOUNT:					$0.00
KUTAK		$1,171.65	
BANK:	OM1471	CHECK:	4698		$2,566.50	DATE:	07/02/25	VEND ID:				
Date	Invoice Number		Invoice Description					Discount Taken		Amount Paid	
06/23/25	3583041			PA 682 - Gen. legal thru 05/31				$0.00		$2,566.50	
				TOTALS:
AMOUNT:					$0.00
ORLSEN		$2,566.50	
BANK:	OM1471	CHECK:	4699		$223.25	DATE:	07/02/25	VEND ID:				
Date	Invoice Number		Invoice Description					Discount Taken		Amount Paid	
06/15/25	OSC118591569		PA 682 - Ad: 7813941 ; CU00118				$0.00		$223.25	
				TOTALS:					$0.00		$223.25	
BANK:	OM-ACH	CHECK:	70034	AMOUNT:	$7,958.29	DATE:	07/09/25	VEND ID:	BCID			
Date	Invoice Number		Invoice Description					Discount Taken		Amount Paid	
06/30/25
06/30/25
06/30/25
06/30/25
06/30/25	ICM2025-09 ICM2025-09 ICM2025-09 ICM2025-09 ICM2025-09		PA 683 - Jun. ICM aquatics mai PA 683 - Jun. ICM landscape ma PA 683 - Jun. ICM lighting
PA 683 - Jun. ICM water reclai PA 683 - Jun. ICM Gateway Rd l				$0.00
$0.00
$0.00
$0.00
$0.00		$263.03
$7,563.18
$46.44
$46.15
$39.49	
				TOTALS:
AMOUNT:					$0.00
AWC		$7,958.29	
BANK:	OM1471	CHECK:	4700		$325.00	DATE:	07/09/25	VEND ID:				
Date	Invoice Number		Invoice Description					Discount Taken		Amount Paid	
07/01/25	111302			PA 683 - Jul. waterway service				$0.00		$325.00	
				TOTALS:					$0.00		$325.00	
BANK:	OM1471	CHECK:	4701	AMOUNT:	$300.00	DATE:	07/09/25	VEND ID:	VGLOBA			
Date	Invoice Number		Invoice Description					Discount Taken		Amount Paid	
06/30/25	7420			PA 683 - Apr. - Jun. ADA audit				$0.00		$300.00	
				TOTALS:					$0.00		$300.00	
BANK:	OM-ACH	CHECK:	70035	AMOUNT:	$20,300.00	DATE:	07/09/25	VEND ID:	ROSEPA			
Date	Invoice Number		Invoice Description					Discount Taken		Amount Paid	
07/04/25	PS-INV155640		PA 684 - Deposit for asphalt r				$0.00		$20,300.00	
				TOTALS:
AMOUNT:					$0.00
OUC		$20,300.00	
BANK:	OM-ACH	CHECK:	70036		$4,521.03	DATE:	07/14/25	VEND ID:				
Date	Invoice Number		Invoice Description					Discount Taken		Amount Paid	
07/01/25
07/01/25
07/01/25
07/01/25
07/01/25
07/01/25
07/01/25	00001-070125
00001-070125
00001-070125
00001-070125
00001-070125
00001-070125
00001-070125		PA 683 - 06/02/2025 - 07/01/20 PA 683 - 06/02/2025 - 07/01/20 PA 683 - 06/02/2025 - 07/01/20 PA 683 - 06/02/2025 - 07/01/20 PA 683 - 06/02/2025 - 07/01/20 PA 683 - 06/02/2025 - 07/01/20 PA 683 - 06/02/2025 - 07/01/20				$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00		$128.30
$2,584.69
$1,106.94
$26.43
$47.86
$625.58
$1.23	
				TOTALS:
AMOUNT:					$0.00
BERMAN		$4,521.03	
BANK:	OM1471	CHECK:	4702		$3,000.01	DATE:	07/29/25	VEND ID:				
Date	Invoice Number		Invoice Description				Discount Taken		Amount Paid	
07/01/25
07/01/25	2081
2081		PA 683 - Jul. irrigation speci PA 683 - Jul. administrator ag				$0.00
$0.00		$1,666.67
$1,333.34	
			TOTALS:				$0.00		$3,000.01	

BANK:	OM1471	CHECK:	4703	AMOUNT:	$16,208.00	DATE:	07/29/25	VEND ID:	BVLS			
Date	Invoice Number		Invoice Description				Discount Taken		Amount Paid	
07/01/25
07/01/25
07/01/25	9401170
9401170
9401170		PA 683 - Jul. landscape maint. PA 683 - Jul. landscape maint. PA 683 - Jul. Wellspring lands				$0.00
$0.00
$0.00		$12,922.81
$190.00
$3,095.19	
			TOTALS:
AMOUNT:	
$37,500.00				$0.00
DWCOH		$16,208.00	
BANK:	OM1471	CHECK:	4704			DATE:	07/29/25	VEND ID:				
Date	Invoice Number		Invoice Description				Discount Taken		Amount Paid	
06/16/25	3593		PA 684 - Hardwood pruning on N				$0.00		$37,500.00	
			TOTALS:
AMOUNT:	
$3,895.83				$0.00
PFMGC		$37,500.00	
BANK:	OM1471	CHECK:	4705			DATE:	07/29/25	VEND ID:				
Date	Invoice Number		Invoice Description				Discount Taken		Amount Paid	
07/01/25	DM-07-2025-40		PA 684 - DM fee: Jul. 2025				$0.00		$3,895.83	
			TOTALS:
AMOUNT:	
$13,607.28				$0.00
TRUSTE		$3,895.83	
BANK:	OM1471	CHECK:	4706			DATE:	07/29/25	VEND ID:				
Date	Invoice Number		Invoice Description				Discount Taken		Amount Paid	
07/16/25	2025.07.15		S2016 FY25 DS (239413000) Dist				$0.00		$13,607.28	
			TOTALS:
AMOUNT:	
$135.00				$0.00
VGLOBA		$13,607.28	
BANK:	OM1471	CHECK:	4707			DATE:	07/29/25	VEND ID:				
Date	Invoice Number		Invoice Description				Discount Taken		Amount Paid	
07/01/25	7498		PA 684 - Jul. website maint.				$0.00		$135.00	
			TOTALS:				$0.00		$135.00	
BANK:	OM1471	CHECK:	4708	AMOUNT:	$47.65	DATE:	07/30/25	VEND ID:	BCID			
Date	Invoice Number		Invoice Description				Discount Taken		Amount Paid	
06/30/25	OSC119437946		PA 685 - BCID req 490; legal a				$0.00		$47.65	
			TOTALS:				$0.00		$47.65	
BANK:	OM1471	CHECK:	4709	AMOUNT:	$509.80	DATE:	07/30/25	VEND ID:	DONMC			
Date	Invoice Number		Invoice Description				Discount Taken		Amount Paid	
07/18/25	47548		PA 685 - Eng. srvs. thru 06/27				$0.00		$509.80	
			TOTALS:				$0.00		$509.80	
BANK:	OM1471	CHECK:	4710	AMOUNT:	$200.00	DATE:	07/30/25	VEND ID:	KSCHOL			
Date	Invoice Number		Invoice Description				Discount Taken		Amount Paid	
07/15/25	2025.07.15		PA 685 - Supervisor fee 2025.0				$0.00		$200.00	
			TOTALS:				$0.00		$200.00	
BANK:	OM1471	CHECK:	4711	AMOUNT:	$200.00	DATE:	07/30/25	VEND ID:	LDASIL			
Date	Invoice Number		Invoice Description				Discount Taken		Amount Paid	
07/15/25	2025.07.15		PA 685 - Supervisor fee 2025.0				$0.00		$200.00	
			TOTALS:				$0.00		$200.00	
BANK:	OM1471	CHECK:	4712	AMOUNT:	$200.00	DATE:	07/30/25	VEND ID:	MLEED			
Date	Invoice Number		Invoice Description				Discount Taken		Amount Paid	
07/15/25	2025.07.15		PA 685 - Supervisor fee 2025.0				$0.00		$200.00	
			TOTALS:				$0.00		$200.00	
BANK:	OM1471	CHECK:	4713	AMOUNT:	$223.25	DATE:	07/30/25	VEND ID:	ORLSEN			
Date	Invoice Number		Invoice Description				Discount Taken		Amount Paid	
07/13/25	OSC120232390		PA 685 - Ad: 7823507 ; CU00118				$0.00		$223.25	
			TOTALS:				$0.00		$223.25	

Work Authorizations/Proposed Services (if applicable)

District’s Financial Position and Budget to Actual YTD

Myrtle Creek Improvement District
July 2025 Financial Package

July 31, 2025

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

Myrtle Creek Improvement District
Statement of Financial Position As of 7/31/2025	

General Fund	

Debt Service		
Capital Projects Fund		
General Long- Term Debt			

Total	
		
Assets								
Current Assets										
General Checking Account	$ 1,604,836.61							$	1,604,836.61	
Money Market Account	69,054.15								69,054.15	
State Board of Administration	4,646.84								4,646.84	
Pond Reserve	15,000.00								15,000.00	
General Reserve	299,077.60								299,077.60	
Assessments Receivable	44,025.46								44,025.46	
Deposits	4,300.00								4,300.00	
Assessments Receivable		$	59,698.03							59,698.03	
Due From Other Funds		13,607.28							13,607.28	
Debt Service Reserve		323,886.95							323,886.95	
Revenue		234,662.42							234,662.42	
Prepayment		2,181.26							2,181.26	
Acquisition/Construction		
		$	38,726.28					38,726.28	
Total Current Assets	$ 2,040,940.66	$ 634,035.94		$	38,726.28		$	-		$	2,713,702.88	

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

$	560,730.63		

$	

560,730.63	
								12,104,269.37			12,104,269.37	
	$	-	$	-		$	-		$ 12,665,000.00		$	12,665,000.00	
Total Assets	$ 2,040,940.66	$ 634,035.94		$	38,726.28		$ 12,665,000.00		$	15,378,702.88	

	Myrtle Creek Improvement District	
	Statement of Financial Position	
	As of 7/31/2025	

General Fund	

Debt Service	
Capital Projects Fund	
	Liabilities and Net Assets	
Current Liabilities		
Due To Other Governmental Units	$	9,768.15	
Deferred Revenue	44,025.46	
Deferred Revenue	$	59,698.03	
Total Current Liabilities	$	53,793.61	$	59,698.03	$	-	

Long Term Liabilities		
Revenue Bonds Payable - Long-Term		
Total Long Term Liabilities	$	-	$	-	$	-	
Total Liabilities	$	53,793.61	$	59,698.03	$	-	

Net Assets		
Net Assets, Unrestricted	$ 1,310,790.05	
Net Assets - General Government	340,711.74	
Current Year Net Assets - General Government	335,645.26	
Net Assets, Unrestricted	$ 645,440.15	
Current Year Net Assets, Unrestricted	(71,102.24)	
Net Assets, Unrestricted	$  (417,951.06)	
Net Assets, Unrestricted	455,717.36	
Current Year Net Assets, Unrestricted	959.98	
Total Net Assets	$ 1,987,147.05	$ 574,337.91	$	38,726.28	
		
Total Liabilities and Net Assets	$ 2,040,940.66	$ 634,035.94	$	38,726.28	

General Long- Term Debt

$	-

$ 12,665,000.00		$	12,778,491.64	

$	

1,310,790.05	
			340,711.74	
			335,645.26	
			645,440.15	
			(71,102.24)	
			(417,951.06)	
			455,717.36	
			959.98	
$	-		$	2,600,211.24	
				
$ 12,665,000.00		$	15,378,702.88	

$ 12,665,000.00

$ 12,665,000.00

Total

$	9,768.15
44,025.46
59,698.03

$	113,491.64

$ 12,665,000.00

$ 12,665,000.00

Myrtle Creek Improvement District
Statement of Activities As of 7/31/2025	
	
General Fund	
Debt Service	Capital Projects Fund	General Long- Term Debt		
Total	

Revenues

On-Roll Assessments
Other Income & Other Financing Sources On-Roll Assessments
Developer Contributions
Total Revenues	

$	882,034.36				

$	

882,034.36	
	15,127.80					15,127.80	
		$ 1,196,028.17				1,196,028.17	
			$	296.39			296.39	

$	897,162.16	

$ 1,196,028.17	

$	296.39	

$	-	$	2,093,486.72	
Expenses						
Supervisor Fees	$	7,400.00			$	7,400.00	
Public Officials' Liability Insurance	4,210.00				4,210.00	
Trustee Services	5,822.81				5,822.81	
Management	38,958.30				38,958.30	
Engineering	22,701.21				22,701.21	
Disclosure	2,000.00				2,000.00	
District Counsel	13,525.01				13,525.01	
Assessment Administration	7,500.00				7,500.00	
Audit	3,765.00				3,765.00	
Travel and Per Diem	131.86				131.86	
Postage & Shipping	31.33				31.33	
Legal Advertising	3,888.73				3,888.73	
Bank Fees	15.00				15.00	
Miscellaneous	232.40				232.40	
Web Site Maintenance	2,250.00				2,250.00	
Holiday Decorations	1,000.00				1,000.00	
Dues, Licenses, and Fees	175.00				175.00	
Electric	1,597.52				1,597.52	
Entry Lighting	240.01				240.01	
Water Reclaimed	25,772.53				25,772.53	
Aquatic Contract	3,250.00				3,250.00	
General Liability Insurance	4,821.00				4,821.00	
Irrigation	19,852.79				19,852.79	
Landscaping Maintenance & Material	162,474.90				162,474.90	
Tree Trimming	77,500.00				77,500.00	
Flower & Plant Replacement	12,669.78				12,669.78	
Contingency	306.11				306.11	

Myrtle Creek Improvement District
Statement of Activities As of 7/31/2025	
	
General Fund		
Debt Service		Capital Projects Fund		General Long- Term Debt			
Total	
IME - Aquatics Maintenance	$	2,630.30								$	2,630.30	
IME - Irrigation	2,569.63									2,569.63	
IME - Landscaping	75,631.80									75,631.80	
IME - Lighting	477.74									477.74	
IME - Miscellaneous	96.08									96.08	
IME - Water Reclaimed	564.29									564.29	
Trail Repair	20,300.00									20,300.00	
Pest Control	2,510.00									2,510.00	
Entry and Wall Maintenance	1,850.00									1,850.00	
Hurricane Cleanup	2,275.00									2,275.00	
IME - Landscape Improvements	4,143.36									4,143.36	
Streetlights	9,928.58									9,928.58	
Personnel Leasing Agreement	30,000.10									30,000.10	
Miscellaneous			$	15,127.80							15,127.80	
Principal Payments			845,000.00							845,000.00	
Interest Payments			431,700.00							431,700.00	
Legal Advertising					$	296.39					296.39	
Total Expenses	$	575,068.17		$ 1,291,827.80		$	296.39		$	-		$	1,867,192.36	
Other Revenues (Expenses) & Gains (Losses)												
Interest Income	$	13,551.27								$	13,551.27	
Dividends Income			$	24,697.39							24,697.39	
Dividends Income						$	959.98					959.98	
Total Other Revenues (Expenses) & Gains (Losses)	$	13,551.27		$	24,697.39		$	959.98		$	-		$	39,208.64	
Change In Net Assets	$	335,645.26		$	(71,102.24)		$	959.98		$	-		$	265,503.00	

Net Assets At Beginning Of Year	
$  1,651,501.79		
$	645,440.15		
$	37,766.30		
$	-		
$	
2,334,708.24	

Net Assets At End Of Year	

$  1,987,147.05		

$	574,337.91		

$	38,726.28		

$	-		

$	

2,600,211.24	

Budget to Actual
For the Month Ending 7/31/2025

YTD Actual		YTD Budget	

$	882,034.36		

$	

772,959.83	
15,127.80			-	
77,958.32			77,958.32	
$	975,120.48		$	850,918.15	

$	7,400.00		

$	

10,000.00	
4,210.00			3,879.33	
5,822.81			5,833.33	
38,958.30			38,958.33	
22,701.21			16,250.00	
2,000.00			1,500.00	
-			2,083.33	
13,525.01			20,833.33	
7,500.00			6,250.00	
-			208.33	
3,765.00			3,137.50	
-			750.00	
131.86			250.00	
-			20.83	
31.33			833.33	
-			1,666.67	
3,888.73			5,416.67	
15.00			300.00	
232.40			7,816.67	
-			208.33	
-			83.34	
2,250.00			2,500.00	
1,000.00			1,041.67	
175.00			145.83	
$	113,606.65		$	129,966.82	

YTD Variance	FY 2025		Percentage	
Adopted Budget		Spent	

$	109,074.53	

$	927,551.80		

95.09%	
15,127.80	-			
-	93,549.98		83.33%	
$	124,202.33	$  1,021,101.78		95.50%	

$	(2,600.00)	

$	12,000.00		

61.67%	
330.67	4,655.20		90.44%	
(10.52)	7,000.00		83.18%	
(0.03)	46,750.00		83.33%	
6,451.21	19,500.00		116.42%	
500.00	1,800.00		111.11%	
(2,083.33)	2,500.00		0.00%	
(7,308.32)	25,000.00		54.10%	
1,250.00	7,500.00		100.00%	
(208.33)	250.00		0.00%	
627.50	3,765.00		100.00%	
(750.00)	900.00		0.00%	
(118.14)	300.00		43.95%	
(20.83)	25.00		0.00%	
(802.00)	1,000.00		3.13%	
(1,666.67)	2,000.00		0.00%	
(1,527.94)	6,500.00		59.83%	
(285.00)	360.00		4.17%	
(7,584.27)	9,380.00		2.48%	
(208.33)	250.00		0.00%	
(83.34)	100.00		0.00%	
(250.00)	3,000.00		75.00%	
(41.67)	1,250.00		80.00%	
29.17	175.00		100.00%	
$	(16,360.17)	$	155,960.20		72.84%	

Revenues
On-Roll Assessments
Other Income & Other Financing Sources Carryforward Revenue
Net Revenues
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 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

Budget to Actual	
For the Month Ending 7/31/2025	

YTD Actual		

YTD Budget		

YTD Variance	
FY 2025
Adopted Budget	
Percentage Spent	

$	1,165.60		

$	1,250.00		

$	(84.40)	

$	1,500.00	

77.71%	
240.01		416.67		(176.66)	500.00	48.00%	
21,738.71		27,083.33		(5,344.62)	32,500.00	66.89%	
3,250.00		3,250.00		-	3,900.00	83.33%	
4,821.00		4,442.83		378.17	5,331.40	90.43%	
-		1,416.67		(1,416.67)	1,700.00	0.00%	
-		83.33		(83.33)	100.00	0.00%	
12,696.86		37,500.00		(24,803.14)	45,000.00	28.22%	
131,128.10		219,647.60		(88,519.50)	263,577.12	49.75%	
394.90		394.90		-	473.88	83.33%	
77,500.00		33,333.33		44,166.67	40,000.00	193.75%	
5,069.78		41,666.67		(36,596.89)	50,000.00	10.14%	
306.11		63,262.65		(62,956.54)	75,915.18	0.40%	
2,510.00		2,341.67		168.33	2,810.00	89.32%	
2,275.00		41,666.67		(39,391.67)	50,000.00	4.55%	
2,630.30		2,782.50		(152.20)	3,339.00	78.78%	
2,569.63		2,625.00		(55.37)	3,150.00	81.58%	
75,631.80		78,750.00		(3,118.20)	94,500.00	80.03%	
477.74		1,050.00		(572.26)	1,260.00	37.92%	
96.08		5,250.00		(5,153.92)	6,300.00	1.53%	
564.29		1,312.50		(748.21)	1,575.00	35.83%	
4,143.36		10,500.00		(6,356.64)	12,600.00	32.88%	
20,300.00		12,500.00		7,800.00	15,000.00	135.33%	
1,850.00		8,333.33		(6,483.33)	10,000.00	18.50%	
9,928.58		12,500.00		(2,571.42)	15,000.00	66.19%	
13,333.40		13,333.33		0.07	16,000.00	83.33%	
16,666.70		16,666.67		0.03	20,000.00	83.33%	
-		16,666.67		(16,666.67)	20,000.00	0.00%	
-		1,966.67		(1,966.67)	2,360.00	0.00%	
-		4,166.67		(4,166.67)	5,000.00	0.00%	
$	411,287.95		$	666,159.66		$  (254,871.71)	$	799,391.58	51.45%	

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 Auto 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

Total Field Operations Expenses

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

YTD Actual		

YTD Budget	

Wellspring Blvd./Performance Drive Expense						
Irrigation Repairs	$	7,155.93		$	4,358.75	
Landscaping		30,951.90			30,951.94	
Flower & Plant Replacement		7,600.00			8,333.33	
Lighting		431.92			7,814.31	
Miscellaneous		-			2,916.67	
Water Reclaimed		4,033.82			2,916.67	
Total Wellspring Blvd./Performance Drive Expenses	$	50,173.57		$	57,291.67	

Total Expenses	
$	
575,068.17		
$	
853,418.15	
Income (Loss) from Operations	$	400,052.31		$	(2,500.00)	
Other Income (Expense)
Interest Income
Total Other Income (Expense)	

$	

13,551.27		

$	

2,500.00	
	$	13,551.27		$	2,500.00	
Net Income (Loss)	$	413,603.58		$	-	

	
YTD Variance	FY 2025
Adopted Budget		Percentage Spent	

$	2,797.18	
$	5,230.50		
136.81%	
(0.04)	37,142.33		83.33%	
(733.33)	10,000.00		76.00%	
(7,382.39)	9,377.17		4.61%	
(2,916.67)	3,500.00		0.00%	
1,117.15	3,500.00		115.25%	
$	(7,118.10)	$	68,750.00		72.98%	

$  (278,349.98)	
$  1,024,101.78		
56.15%	
$	402,552.31	$	(3,000.00)			

$	11,051.27	
$	3,000.00		
451.71%	
$	11,051.27	$	3,000.00		451.71%	
$	413,603.58	$	-			

Myrtle Creek Improvement District
Budget to Actual
For the Month Ending 7/31/2025	
		
Oct-24		
Nov-24	
Dec-24	
Jan-25	
Feb-25	
Mar-25		
Apr-25		
May-25		
Jun-25		
Jul-25	

Revenues																
On-Roll Assessments	$	-	$	69,965.75	$ 249,914.25	$  78,062.58	$  265,697.15	$ 148,364.36	$	15,099.63	$	32,783.47	$	12,112.21	$	10,034.96	
Other Income & Other Financing Sources		-		-	-	-	-	-		-		15,127.80		-		-	
Carryforward Revenue		7,795.83		7,795.83	7,795.84	7,795.83	7,795.83	7,795.83		7,795.83		7,795.83		7,795.84		7,795.83	
Net Revenues	$	7,795.83	$	77,761.58	$ 257,710.09	$  85,858.41	$  273,492.98	$ 156,160.19	$	22,895.46	$	55,707.10	$	19,908.05	$	17,830.79	
General & Administrative Expenses																
Legislative																
Supervisor Fees	$	800.00	$	800.00	$	-	$	1,000.00	$	800.00	$	1,000.00	$	1,000.00	$	800.00	$	600.00	$	600.00	
Financial & Administrative																
Public Officials' Liability Insurance		4,210.00		-	-	-	-	-		-		-		-		-	
Trustee Services		-		5,822.81	-	-	-	-		-		-		-		-	
Management		3,895.83		3,895.83	3,895.83	-	7,791.66	3,895.83		-		7,791.66		3,895.83		3,895.83	
Engineering		-		4,075.25	2,658.71	7,625.00	3,125.85	2,015.35		625.00		894.60		1,171.65		509.80	
Disclosure		-		-	-	-	-	-		-		-		2,000.00		-	
Property Appraiser		-		-	-	-	-	-		-		-		-		-	
District Counsel		-		-	2,204.35	1,944.00	-	1,656.00		1,094.00		1,476.00		5,150.66		-	
Assessment Administration		7,500.00		-	-	-	-	-		-		-		-		-	
Reamortization Schedules		-		-	-	-	-	-		-		-		-		-	
Audit		-		-	-	-	-	-		-		-		3,765.00		-	
Arbitrage Calculation		-		-	-	-	-	-		-		-		-		-	
Travel and Per Diem		-		32.62	-	11.89	-	60.87		-		-		26.48		-	
Telephone		-		-	-	-	-	-		-		-		-		-	
Postage & Shipping		-		-	0.69	-	-	-		28.57		2.07		-		-	
Copies		-		-	-	-	-	-		-		-		-		-	
Legal Advertising		271.93		814.01	-	257.00	219.50	547.75		888.94		47.65		571.05		270.90	
Bank Fees		-		-	-	-	-	-		-		-		-		15.00	
Miscellaneous		-		28.92	1.24	28.90	1.24	84.22		1.23		1.21		84.21		1.23	
Meeting Room		-		-	-	-	-	-		-		-		-		-	
Office Supplies		-		-	-	-	-	-		-		-		-		-	
Web Site Maintenance		135.00		135.00	-	570.00	135.00	135.00		435.00		135.00		135.00		435.00	
Holiday Decorations		-		-	-	1,000.00	-	-		-		-		-		-	
Dues, Licenses, and Fees		175.00		-	-	-	-	-		-		-		-		-	
Total General & Administrative Expenses	$	16,987.76	$	15,604.44	$	8,760.82	$  12,436.79	$	12,073.25	$	9,395.02	$	4,072.74	$	11,148.19	$	17,399.88	$	5,727.76	

 

$	YTD Actual

882,034.36
15,127.80
77,958.32	
$

$	975,120.48

7,400.00

4,210.00
5,822.81
38,958.30
22,701.21
2,000.00
- 13,525.01
7,500.00
- 3,765.00
- 131.86
- 31.33
- 3,888.73
15.00
232.40
-
- 2,250.00
1,000.00
175.00	
$	113,606.65	

Myrtle Creek Improvement District

Budget to Actual

YTD Actual

$	1,165.60
240.01

21,738.71

3,250.00

4,821.00
-
- 12,696.86

131,128.10
394.90
77,500.00
5,069.78
306.11
2,510.00
2,275.00

2,630.30
2,569.63
75,631.80
477.74
96.08
564.29
4,143.36

20,300.00

1,850.00
9,928.58

13,333.40
16,666.70

-
-
-	
$	411,287.95

$	7,155.93
30,951.90
7,600.00
431.92
- 4,033.82	
$	50,173.57	

For the Month Ending 7/31/2025

Oct-24		Nov-24	

$	

-	

$	

130.35	
	-		26.67	
	-		1,565.16	
325.00		325.00	
4,821.00		-	
	-		-	
	-		-	
	-		-	

Dec-24	Jan-25	Feb-25

Mar-25

Apr-25

May-25

Jun-25

Jul-25

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 Auto Insurance
Irrigation
Landscaping Maintenance & Material District Landscaping
Gateway Road Landscaping

$	130.23	$	130.13	$	130.68
26.79	26.79	26.90

1,794.66	2,522.19	2,435.70

325.00	325.00	325.00

-	-	-
-	-	-
-	-	-
8,428.12	-	-

$	128.63
26.43

2,309.84

325.00

-
-
- 2,641.34

$	129.32
26.67

2,449.95

325.00

-
-
- 568.40

$	128.29
26.43

2,664.25

325.00

-
-
-
-

$	129.67
26.90

3,412.27

325.00

-
-
- 1,059.00

$	128.30
26.43

2,584.69

325.00

-
-
-
-

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

-	-	-	-	40,000.00	-	-	-	-	37,500.00

13,112.81
39.49

13,112.81
39.49

13,112.81
39.49

13,112.81
39.49

13,112.81
39.49

13,112.81
39.49

13,112.81
39.49

13,112.81
39.49

13,112.81
39.49

13,112.81
39.49

-	-	-	-	538.65	871.88	3,659.25	-	-	-
306.11	-	-	-	-	-	-	-	-	-
1,255.00	-	-	-	-	-	1,255.00	-	-	-
2,275.00	-	-	-	-	-	-	-	-	-
263.03	263.03	263.03	263.03	263.03	263.03	263.03	263.03	263.03	263.03
-	84.26	305.87	509.99	626.54	-	521.48	221.92	-	299.57
7,563.18	7,563.18	7,563.18	7,563.18	7,563.18	7,563.18	7,563.18	7,563.18	7,563.18	7,563.18
96.08	36.66	36.55	43.47	43.76	41.51	46.26	43.51	46.44	43.50
-	-	-	-	-	-	96.08	-	-	-
-	47.09	74.13	70.95	66.69	49.35	37.67	106.93	46.15	65.33
-	-	-	561.49	2,087.82	-	-	-	-	1,494.05

-	-	-	-	-	-	-	-	-	20,300.00

-	-	-	1,850.00	-	-	-	-	-	-
-	1,090.00	1,090.00	1,106.94	1,106.94	1,106.94	1,106.94	1,106.94	1,106.94	1,106.94

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

-	-	-	-	-	-	-	-	-	-
-	-	-	-	-	-	-	-	-	-
-	-	-	-	-	-	-	-	-	-

Total Field Operations Expenses

$  33,056.71	$	27,283.71

$  36,189.87	$  31,125.47	$	71,367.20

$  31,479.44	$  34,200.54	$	28,601.79	$  30,130.89	$  87,852.33

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

$	-	$	-
3,095.19	3,095.19
-	-
-	48.52
-	-
-	465.63

$	3,095.19	$	3,609.34

$		-	$		-	$		- 3,095.19		3,095.19		3,095.19
-	-	-
48.30	48.18	48.42
-	-	-
391.29	448.27	494.26

$	3,534.78	$	3,591.64	$	3,637.87

$	-
3,095.19
- 47.98
- 276.32
$	3,419.49

$	621.00
3,095.19
7,600.00
48.08
- 709.88
$  12,074.15

$	-
3,095.19
- 47.28
- (716.28)

$	2,426.19

$	6,534.93
3,095.19
- 47.30
- 1,338.87
$  11,016.29

$	-
3,095.19
- 47.86
- 625.58

$	3,768.63

Myrtle Creek Improvement District	
Budget to Actual	
For the Month Ending 7/31/2025	
		
Oct-24			
Nov-24		
Dec-24		
Jan-25		
Feb-25		
Mar-25			
Apr-25			
May-25			
Jun-25			
Jul-25	
Expenses																										
Total Expenses	 $ 	53,139.66 		 $		46,497.49 	 $ 48,485.47   $ 47,153.90   $	87,078.32 		 $  44,293.95 		 $ 	50,347.43 		 $		42,176.17 		 $ 	58,547.06 		 $ 	97,348.72 	
Income (Loss) from Operations	$	(45,343.83)		$	31,264.09		$ 209,224.62		$  38,704.51		$  186,414.66		$ 111,866.24		$	(27,451.97)		$	13,530.93		$	(38,639.01)		$	(79,517.93)	
Other Income (Expense)																										
Interest Income	$	63.82		$	59.66		$	1,265.21		$	65.24		$	60.98		$	69.00		$	66.27		$	66.98		$	11,765.54		$	68.57	
Total Other Income (Expense)	$	63.82		$	59.66		$	1,265.21		$	65.24		$	60.98		$	69.00		$	66.27		$	66.98		$	11,765.54		$	68.57	
Net Income (Loss)	$	(45,280.01)		$	31,323.75		$ 210,489.83		$  38,769.75		$  186,475.64		$ 111,935.24		$	(27,385.70)		$	13,597.91		$	(26,873.47)		$	(79,449.36)	

 
YTD Actual	

$	
575,068.17	

$	
400,052.31	

$	
13,551.27	
$	13,551.27	
$	413,603.58	

Myrtle Creek Improvement District Cash Flow

FY24 Inflows	FY24 Outflows	FY25 Inflows	FY25 Outflows	End. Cash	

5,242.47	
(118,296.77)	
-	
(9,633.00)	
1,293,128.81		
47.65	(25,913.72)	16.21	(36,496.88)	1,230,782.07		
-	(89.40)	164,853.55	(116,931.50)	1,278,614.72		
-	(350.00)	590,166.26	(381,744.33)	1,486,686.65		
-	-	183,933.72	(170,998.58)	1,499,621.79		
-	-	626,046.46	(429,609.48)	1,696,058.77		
-	-	349,615.40	(275,899.84)	1,769,774.33		
-	-	35,644.05	(68,893.31)	1,736,525.07		
-	-	92,386.83	(78,748.87)	1,750,163.03		
-	-	40,255.13	(96,137.60)	1,694,280.56		
-	-	23,663.59	(113,107.54)	1,604,836.61		
-	-	-	(9,768.15)	1,595,068.46	as of 08/06/2025	

Beg. Cash

9/1/2024	1,415,816.11	
10/1/2024	1,293,128.81	
11/1/2024	1,230,782.07	
12/1/2024	1,278,614.72	
1/1/2025	1,486,686.65	
2/1/2025	1,499,621.79	
3/1/2025	1,696,058.77	
4/1/2025	1,769,774.33	
5/1/2025	1,736,525.07	
6/1/2025	1,750,163.03	
7/1/2025	1,694,280.56	
8/1/2025	1,604,836.61	

Totals	2,225,612.86	(1,838,514.61)	2,106,581.20	(1,787,969.08)