Cypress Park Estates Community Development District

Meeting Agenda April 28, 2026

Cypress Park Estates
Community Development District

219 East Livingston Street, Orlando, Florida 32801 Phone: 407-841-5524 – Fax: 407-839-1526
April 21, 2026
Board of Supervisors
Cypress Park Estates Community Development District
Dear Board Members:
A meeting of the Board of Supervisors of the Cypress Park Estates Community Development District will be held Tuesday, April 28, 2026 at 10:00 AM at the Lake Alfred Public Library – 245 N Seminole Ave, Lake Alfred, FL 33850.
Zoom Link: https://us06web.zoom.us/j/82131226228
Call-In Information: 1-646-876-9923	Meeting ID: 821 3122 6228 Following is the advance agenda for the meeting:
Roll Call
Public Comment Period (Public Comments are limited to three (3) minutes each)
Approval of Minutes of the February 24, 2026 Board of Supervisors Meeting
Organizational Matters
Acceptance of Resignation of Kristina Bolen
Appointment of Individual to Fill Board Vacancy in Seat #2 Exp. 11/2028
Administration of Oath of Office to Newly Appointed Individual
Consideration of Resolution 2026-02 Appointing an Assistant Secretary
Consideration of Resolution 2026-03 Ratifying Setting a Public Hearing to Adopt Amended Parking Rules
Public Hearing on Amended Parking Rules
Consideration of Resolution 2026-04 Adopting Amended Parking Rules
Consideration of Resolution 2026-05 Approving the Proposed Fiscal Year 2027 Budget and Setting a Public Hearing
Consideration of Resolution 2026-06 Relating to General Election Qualifying Period and Procedure
Review and Acceptance of Draft Fiscal Year 2025 Audit Report
Discussion Regarding Change in Towing Vendor
Discussion Regarding Security Staffing – Requested by Supervisor Metzger
Staff Reports
Attorney
Engineer
Field Manager’s Report

Under Separate Cover
Consideration of Proposal from Turf Pro Synthetics
Consideration of Proposed Modification to Stormwater Structure - ADDED
District Manager’s Report
Check Register
Balance Sheet & Income Statement
Other Business
Supervisors Requests and Audience Comments
Adjournment

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MINUTES OF MEETING CYPRESS PARK ESTATES
COMMUNITY DEVELOPMENT DISTRICT

The regular meeting of the Board of Supervisors of the Cypress Park Estates Community Development District was held Tuesday, February 24, 2026, at 10:00 a.m. at the Lake Alfred Public Library, 245 N. Seminole Ave., Lake Alfred, Florida.

Present and constituting a quorum:
Steve Rosser	Chairman
Alan Metzger	Vice Chairman
McKinzie Terrill	Assistant Secretary
Kristy Bolen	Assistant Secretary (via Zoom) Also present were:
Jill Burns	District Manager, GMS
Grace Rinaldi	District Counsel, Kilinski Van Wyk
Rey Malave by Zoom	District Engineer, Dewberry
Chace Arrington by Zoom	District Engineer, Dewberry
Marshall Tindall	Field Manager GMS

FIRST ORDER OF BUSINESS	Roll Call
Ms. Burns called the meeting to order at 10:00 a.m. Three Supervisors were present at the meeting location, constituting a quorum. Supervisor Bolen participated via Zoom.

SECOND ORDER OF BUSINESS	Public Comment Period
Ms. Burns stated that no members of the public were present in person, but one was attending via Zoom. She asked for any comments pertaining to agenda items. There were no comments at this time, and the next item followed.

THIRD ORDER OF BUSINESS	Approval of the Minutes of the December
16, 2025, Board of Supervisors Meeting
Ms. Burns presented the minutes from the December 16, 2025, Board of Supervisors meeting and asked for any changes or corrections. The Board had no changes.

FOURTH ORDER OF BUSINESS	Consideration	of	Contract	Agreement
with Polk County Property Appraiser
Ms. Burns reviewed the annual contract agreement with the Polk County Property Appraiser’s Office. She explained that the office provides parcel data for properties within the District so assessments can be placed on the tax bill. The agreement was described as the standard contract that requires renewal each year, and the Board was asked to approve it.

FIFTH ORDER OF BUSINESS	Discussion Regarding Expanding Parking
Policy to Phases 2 and 3
Ms. Burns opened the meeting up for discussion on expanding the street parking and towing policy to Phases 2 and 3. She explained that the policy is already in place in Phase 1 and is usually expanded as construction in other phases near completion. She stated that since parking complaints have started to increase and homes in those phases are close to being finished, she recommended starting the process now. She noted that a public hearing, signage, and resident notification would be required before enforcement could begin. Ms. Burns suggested scheduling the public hearing for April 28, 2026, to consider applying the same policy used in phase one to phases two and three, and the Board was asked to approve advertising the hearing.

SIXTH ORDER OF BUSINESS	Discussion  Regarding  Shade  Structure
Lease/Purchase Agreement – Requested by Supervisor Metzger
Ms. Burns opened up discussion regarding Shade Structure Lease/Purchase Agreement-Requested by Supervisor Metzger. She discussed the remaining loan for the pool shade structure. A Board member expressed concern about the District paying 8.2% interest on the loan while District funds were only earning about 3.2%. Ms. Burns discussed with the Board whether making early payments would reduce interest, but it was noted that simply paying several months in advance would not create savings unless principal was reduced. After further discussion, the Board decided to pay off the remaining balance of the loan using funds from capital reserves along with the payments already budgeted for the year, eliminating the remaining monthly payments.

SEVENTH ORDER OF BUSINESS	Discussion	Regarding	Princess	Sabal
Street Connection with Red Alford Blvd –
Requested by Supervisor Metzger
Ms. Burns opened discussion on the Princess Sabal Street Connection with Red Alford Blvd requested by Supervisor Metzger. She discussed with the Board the connection between Princess Sable Street and Red Alford Boulevard and the barricade that had previously blocked access between the community and the neighboring Alford Oaks neighborhood. She explained that the roads are public because they are owned by the CDD and that the District has no formal relationship with the neighboring community. She noted that it was believed the builder had installed the barricade during construction, and it had since been removed, allowing traffic to pass between the neighborhoods.

EIGHTH ORDER OF BUSINESS	Discussion  Regarding  Capital  Projects
Fund – Series 2022 – Requested by Supervisor Metzger
Ms. Burns opened up discussion regarding Capital Projects Fund-Series 202 requested by Supervisor Metzger. She discussed with the Board the Capital Projects Fund Series 2022 account and why it is still open. She explained that the account must remain open until all lots in the

development are sold to residents, because remaining bond reserve funds will be released at that time and reimbursed to the developer. She noted the District does not closely track lot sales but estimated there may still be around 100 lots remaining. The Board also briefly discussed the anticipated HOA turnover once the community reaches the required sales threshold.

NINTH ORDER OF BUSINESS	Discussion  on  Upcoming  Nov.  2026
Elections – Requested by Supervisor Metzger
Ms. Burns discussed with the Board the upcoming 2026 elections and reviewed how the process would work. She explained that three seats will be up for election this year. She noted that two of those seats will be filled through the general election process because the District has reached the required thresholds for registered voters and time since establishment. She added that residents interested in running will need to qualify through the Supervisor of Elections during the qualifying period in June. She stated that the third seat will be filled through the District’s landowners’ election. She noted that a resolution outlining the election details will be brought back to the Board at a future meeting.

TENTH ORDER OF BUSINESS	Staff Reports
Attorney
Ms. Rinaldi reminded the Board that quarterly reminders would be sent regarding the annual ethics training requirement. She stated that Board members are required to complete four hours of ethics training by December 31 each year, and she will provide links and information about the training. She stated that she had nothing further to report.

Engineer
Mr. Arrington had nothing additional to report.

Field Manager’s Report
Mr. Tindall reviewed the field manager’s general report. He stated general and stormwater maintenance had been done, including fixing washout areas and adding rock and grading. He noted at the dog park, a broken spigot handle from freezing was temporarily fixed and then replaced, and a backflow issue was still being finalized. He added that site maintenance was fine overall, with no major vendor issues, and everything was mowed. He noted they were waiting to assess freeze

damage next month before trimming new growth to avoid plant loss. He stated that palms around the amenity center were trimmed, and frost damage was monitored. He noted that shade structures were under construction and expected to be completed soon, with materials already ordered. He also mentioned proposals for sod and soccer field maintenance, asking the Board for feedback on budgeting and priorities before moving forward.

Consideration of Proposals for Cameras at Dog Park and Playground
Mr. Burns reviewed the proposals for cameras at dog park and playground with the Board. She discussed a proposal to install security cameras near the playground and dog park area with the Board. She explained that the cameras would integrate with the District’s existing system and improve visibility in those areas, but the discussion was limited because the item was security-related and had not been formally advertised on the agenda. She also noted that even with cameras, footage could only be released to law enforcement or by subpoena and would not necessarily identify individuals. After Ms. Burns discussion with the Board, the Board decided not to proceed with the camera installation and instead approved placing two signs in the area—one at the playground and one at the dog park—indicating that the area is under camera surveillance.

Discussion of Soccer Field Lining Options
Mr. Tindall reviewed the soccer field lining options with the Board. He discussed possible improvements to the soccer field, specifically options for creating permanent field markings with the Board. He explained that because the field is Bahia grass, it grows quickly and any painted lines would disappear quickly with mowing. He discussed other options with the Board such as tape, concrete edging, or artificial turf, but each raised concerns about cost, durability, maintenance, or safety. Mr. Tindall and the Board members considered alternatives such as a narrow strip of artificial turf to mark the field boundary, while also noting that larger improvements like artificial turf fields or additional facilities would be expensive and likely a future project. The Board asked Mr. Tindall to obtain an estimate for installing a turf border around the field and to confirm whether it would hold up under mowing and regular use, with plans to revisit the topic at a future meeting.

Consideration of Proposals from Prince & Sons
Palm at Amenity Center
Sod Replacement
Tract Z – Erosion Concern
Mr. Tindall discussed a proposal to replace a palm tree that had died at the amenity center. He noted that the replacement cost was estimated at about $500, and he recommended replacing the tree while other landscaping discussions were taking place.

Mr. Tindall discussed a proposal to replace damaged or missing sod in several pond bank areas throughout the community with the Board. He presented a $20,000 proposal for sod replacement and suggested that about $8,000–$10,000 might be a reasonable amount to complete the most necessary repairs this year. He stated that some areas, particularly certain pond banks, were in poor condition and could lead to erosion if not addressed. Board members noted that the District had about $45,000 available in the landscape replacement budget but wanted to prioritize the most important areas and avoid replacing sod that might recover on its own. Mr. Tindall and the Board also discussed excluding the sod work related to Tract Z until the engineering review of that area was completed. He asked for a motion to approve replacing the dead palm tree for $500 and to authorize up to $16,000 for sod replacement in the key areas, excluding Tract Z, with the work to be scheduled during the appropriate growing season.

Mr. Tindall discussed a steep berm along Tract Z near a stormwater pond after complaints from a neighboring property and inquiries from the city with the Board. He explained that the slope may be causing sediment to move toward the fence line, and a proposal had been prepared to regrade the slope and install sod to stabilize the area. He noted that the estimated cost for the grading and sod related to this area was about $12,700. Board members questioned whether the work was necessary since the berm was originally constructed according to approved plans. Mr.

Malave explained that the concern was preventing erosion and stabilizing the slope, especially near the pond’s outflow structure that directs water toward the fence area. Instead of approving the proposal immediately, the Board decided to have Mr. Malave review the site and develop alternative stabilization options with cost estimates. The Board planned to review those options at a future meeting.

District Manager’s Report
Check Register
Ms. Burns presented and reviewed the Check Register with the Board and the Board asked several questions about specific items. She explained that one Board member had a $200 check reissued because the original check from the previous year had not been cashed. Board members also raised questions about entries labeled “Bank Z,” which Ms. Burns clarified were automatic payments for utilities such as electricity and water. The Board also asked about certain utility charges connected to nearby roads, and Ms. Burns explained they were likely tied to irrigation or utility meters in those areas. Ms. Burns noted that improved cash management had earned the District about $16,600 in interest across its bank accounts in 2025. With no further comments or questions from the Board, Ms. Burns asked for a motion to approve

Balance Sheet & Income Statement
Ms. Burns presented the Balance Sheet & Income Statement to the Board. She stated that the financial statements are through January 2026. She stated that there is no action necessary from the Board and offered to answer any questions. With no questions or comments the next item followed.

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

TWELFTH ORDER OF BUSINESS	Supervisors'	Requests	and	Audience
Comments
Ms. Burns stated that they currently don’t have anything slated for their March 2026 meeting. She noted that they will reach out with the regular agenda items to let everyone know if they have anything. She added that if not, April 2026 is when they will start to review their preliminary budget for the District, which will set their cap amount.

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

Secretary/Assistant Secretary	Chairman/Vice Chairman

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Kristina Bolen 1080 W 13th Sq.
Vero Beach, FL 32960 04/01/2026

Jill Burns
District Manager
Governmental Management Services 219 E. Livingston St.
Orlando, FL 32801 Dear Jill Burns:
I am writing to formally resign from my position with the Cypress Park Estates Community Development District Board, effective April 1, 2026.

I have truly appreciated the opportunity to contribute to the community and work alongside each of the other Board members. I am grateful for the experience gained.

To ensure a smooth transition, I am happy to assist in any way possible over the coming weeks.

Thank you again for the opportunity to serve the Cypress Park Estates community. I wish the District continued success moving forward.

Sincerely,

Kristina Bolen 1080 W 13th Sq.
Vero Beach, FL 32960

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A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE CYPRESS PARK ESTATES COMMUNITY DEVELOPMENT DISTRICT ELECTING AN ASSISTANT SECRETARY OF THE DISTRICT, AND PROVIDING FOR AN EFFECTIVE DATE

Whereas, the Cypress Park Estates Community Development District (the “District”) is a local unit of special-purpose government created and existing pursuant to Chapter 190, Florida Statutes; and

WHEREAS, pursuant to Chapter 190, Florida Statutes, the Board of Supervisors (“Board”), shall organize by electing an Assistant Secretary, and such other officers as the Board may deem necessary.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE CYPRESS PARK ESTATES COMMUNITY DEVELOPMENT DISTRICT:
SECTION 1.	DISTRICT OFFICERS. The following persons are elected to the offices
shown:

Assistant Secretary		

SECTION 2.	CONFLICTS. All Resolutions or parts of Resolutions in conflict herewith are hereby repealed to the extent of such conflict.
SECTION 3.	EFFECTIVE DATE. This Resolution shall become effective immediately upon its adoption.

Passed and adopted this 28th day of April 2026
ATTEST:	CYPRESS PARK ESTATES COMMUNITY DEVELOPMENT DISTRICT

Secretary/Assistant Secretary	Chairperson, Board of Supervisors

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A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE CYPRESS PARK ESTATES COMMUNITY DEVELOPMENT DISTRICT RATIFYING ACTIONS TAKEN TO DESIGNATE THE DATE, TIME AND PLACE OF A PUBLIC HEARING AND PUBLICATION OF NOTICE OF SUCH HEARING FOR THE PURPOSE OF ADOPTING AMENDED AND RESTATED RULES RELATING TO PARKING AND PARKING ENFORCEMENT.

Whereas, the Cypress Park Estates Community Development District (“District”) is a local unit of special-purpose government created and existing pursuant to Chapter 190, Florida Statutes, being situated within the City of Haines City, Florida; and

Whereas, the Board of Supervisors of the District (“Board”) is authorized by Sections 190.011(5) and 190.035, Florida Statutes, to adopt rules, orders, rates, fees and charges pursuant to Chapter 120, Florida Statutes; and

Whereas, the Board wishes to ratify actions taken to set a hearing on its Amended and Restated Rules Relating to Parking and Parking Enforcement (the “Rule”) and publication of notice related to same.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE CYPRESS PARK ESTATES COMMUNITY DEVELOPMENT DISTRICT:
SECTION 1.  The Board intends to adopt the proposed Rule, a copy of which is attached hereto as Exhibit A. The District will hold a public hearing on the Rule at a meeting of the Board to be held on April 28, 2026, at 10:00 a.m., at the Lake Alfred Public Library, 245 N. Seminole Avenue, Lake Alfred, Florida 33850. The Board hereby ratifies actions taken to set such hearing.

SECTION 2.  The Board hereby ratifies actions of the District Secretary taken to publish notice of the hearing in accordance with Section 120.54, Florida Statutes and all prior actions taken for the purpose of publishing notice are hereby ratified.

SECTION 3.  This Resolution shall become effective immediately upon its adoption.
PASSED AND ADOPTED this 28th day of April 2026.

ATTEST:
CYPRESS PARK ESTATES
COMMUNITY DEVELOPMENT DISTRICT

 
Secretary/Assistant Secretary	Chairperson, Board of Supervisors
Exhibit A: Amended and Restated Rules Relating to Parking and Parking Enforcement

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A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE CYPRESS PARK ESTATES COMMUNITY DEVELOPMENT DISTRICT ADOPTING AMENDED AND RESTATED RULES RELATING TO PARKING AND PARKING ENFORCEMENT; AND PROVIDING FOR SEVERABILITY AND AN EFFECTIVE DATE.
Whereas, the Cypress Park Estates Community Development District (“District”) is a local unit of special-purpose government created and existing pursuant to Chapter 190, Florida Statutes, being situated within the City of Haines City, Florida; and
Whereas, Chapter 190, Florida Statutes, authorizes the District to adopt resolutions as may be necessary for the conduct of District business; and
Whereas, the Board of Supervisors of the District (“Board”) is authorized by Sections 190.011(5) and 190.035, Florida Statutes, to adopt rules, orders, policies, rates, fees and charges pursuant to Chapter 120, Florida Statutes; and
WHEREAS, the District desires to adopt Amended and Restated Rules Relating to Parking and Parking Enforcement (“Rules”), attached hereto as Exhibit A and incorporated herein, pursuant to the provisions of Sections 190.011(5) and 190.035 and Chapter 120, Florida Statutes; and
Whereas, the District has properly noticed for rule development and rulemaking regarding the Rules and a public hearing was held at a meeting of the Board on April 28, 2026; and
Whereas, the Board finds that it is in the best interests of the District to adopt by resolution the Rules for immediate use and application.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE CYPRESS PARK ESTATES COMMUNITY DEVELOPMENT DISTRICT:
Section 1.	The recitals stated above are true and correct and by this reference are incorporated herein.
SECTION 2.	The District hereby adopts the Rules, attached hereto as Exhibit A.
Section 3.	If any provision of this Resolution or the Rules 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.
[Continue onto next page]

ATTEST:
CYPRESS PARK ESTATES
COMMUNITY DEVELOPMENT DISTRICT

 
Secretary/Assistant Secretary	Chairperson, Board of Supervisors
Exhibit A: Amended and Restated Rules Relating to Parking and Parking Enforcement
Cypress Park Estates Community Development District
Amended and Restated Rules Relating to Parking and Parking Enforcement

In accordance with Chapter 190, Florida Statutes, and on April 28, 2026, at a duly noticed public meeting, the Board of Supervisors of the Cypress Park Estates Community Development District (“District”) adopted the following rule to govern parking and parking enforcement on certain District property (the “Rule”). This Rule repeals and supersedes all prior rules and/or policies governing the same subject matter.

Section 1. Introduction. The District finds that Parked Vehicles, Oversized Vehicles, Vessels and Recreational Vehicles (hereinafter defined) on certain of its property (hereinafter defined) cause hazards and danger to the health, safety and welfare of District residents, paid users and the public. This Rule is intended to provide the District’s residents and paid users with a means to remove such Vehicles, Oversized Vehicles, Vessels and Recreational Vehicles from areas that are not designated for Parking.

Section 2.	Definitions.

Vehicle. Any mobile item which normally uses wheels, whether motorized or not. This term shall include Oversized Vehicles, Recreational Vehicles, and Abandoned/Broken-Down Vehicles.
Oversized Vehicle. As used herein, “Oversized Vehicle” shall mean any of the
following:
Any Vehicle or Vessel heavier or larger in size than a one-ton, dual rear wheel pick-up truck; or
Motor Vehicles with a trailer attached; or
Motor coaches; or
Travel trailers, camping trailers, park trailers, fifth-wheel trailers, semi-trailers, or any other kind of trailer; or
Mobile homes or manufactured homes.
Designated Parking Areas. Areas which have been explicitly approved for parking by the District, including areas indicated by asphalt markings and areas designated on the map attached hereto as Exhibit A and indicated by signage.
Vessel. Every description of watercraft, barge, or airboat used or capable of being used as a means of transportation on water.
Recreational Vehicle. A vehicle designed for recreational use, which includes motor homes, campers and trailers relative to same.

Abandoned/Broken-Down Vehicle. A vehicle that has no license plate, has expired registration, is visibly not operational, or has not moved for a period of seven (7) days.

Park(ed)/(ing). A Vehicle or Vessel left unattended by its owner or user or attended by its owner or user but kept stationary for a period of an hour or more.
Tow-Away Zone. District property in which parking is prohibited and in which the District is authorized to initiate a towing and/or removal action. Any District Property not designated as a Designated Parking Area is a Tow-Away Zone.
Overnight. Between the hours of 10:00 p.m. and 6:00 a.m. daily.
SECTION 3.  DESIGNATED PARKING AREAS. Parking is permitted only in Designated Parking Areas, as indicated by asphalt markings for parking spaces and as indicated on the map attached hereto as Exhibit A for certain on-street Parking areas. On-street Parking is expressly prohibited on District roadways except where indicated. Any Vehicle or Vessel Parked on District Property, including District roads, if any, must do so in compliance with all laws, ordinances, and codes, and shall not block access to driveways and property entrances.

SECTION 4. ESTABLISHMENT OF TOW-AWAY ZONES. All District Property which is not explicitly designated for Parking shall hereby be established as “Tow-Away Zones” for all Vehicles and Vessels as set forth in Section 5 herein (“Tow-Away Zone”).
Section 5.	Exceptions.

On-Street Parking Exceptions. Oversized Vehicles, Recreational Vehicles, and Vessels are not permitted to be Parked on-street Overnight and shall be subject to towing at the Owner’s expense.
Abandoned/Broken-Down Vehicles. Abandoned/Broken-Down Vehicles are not permitted to be Parked on District Property at any time and are subject to towing at the Owner’s expense.

PARKING DURING AMENITY HOURS. Vehicles may Park in the designated parking areas of amenity facilities depicted in Exhibit A during the open hours of operations of such amenity facilities, including any District-authorized special events occurring outside of regular hours of operation. Otherwise, no Overnight Parking is permitted at the amenity facilities.
VENDORS/CONTRACTORS. The District Manager or his/her designee may authorize vendors/consultants in writing to Park company vehicles in order to facilitate District business. All Vehicles so authorized must be identified by a Parking Pass issued by the District.

Delivery Vehicles and Governmental Vehicles. Delivery vehicles, including but not limited to, U.S.P.S., U.P.S., Fed Ex, moving company vehicles, and lawn maintenance vendors may Park on District property while actively engaged in the operation of such businesses. Vehicles owned and operated by any governmental unit may also Park on District Property while carrying out official duties.
Section 6.	Towing/Removal Procedures.

Signage and Language Requirements. Notice of the Tow-Away Zones shall be approved by the District’s Board of Supervisors and shall be posted on District property in the manner set forth in Section 715.07, Florida Statutes. Such signage is to be placed in conspicuous locations, in accordance with Section 715.07, Florida Statutes.
Towing/Removal Authority. To effect towing/removal of a Vehicle or Vessel, the District Manager or his/her designee must verify that the subject Vehicle or Vessel was not authorized to Park under this Rule in the Overnight Parking Areas and then must contact a firm authorized by Florida law to tow/remove Vehicles and Vessels for the removal of such unauthorized vehicle at the Owner’s expense. The Vehicle or Vessel shall be towed/removed by the firm in accordance with Florida law, specifically the provisions set forth in Section 715.07, Florida Statutes. Notwithstanding the foregoing, a towing service retained by the District may tow/remove any Vehicle or Vessel Parked in a Tow-Away Zone.

Agreement  with  Authorized  Towing  Service.  The  District’s  Board  of
Supervisors is hereby authorized to enter into and maintain an agreement with a firm authorized by Florida law to tow/remove unauthorized Vehicles and Vessels in accordance with Florida law and with the Rules set forth herein.

Section 7.  Parking At Your Own Risk. Vehicles and Vessels may be Parked on District property pursuant to this Rule and in compliance with all applicable laws, ordinances and codes; provided however, that the District assumes no liability for any theft, vandalism and/ or damage that might occur to personal property and/or to such Vehicles and Vessels.

Section 8.   Amendments; Designation of Additional Tow-Away Zones or
Designated Parking Areas. The Board in its sole discretion may amend these Amended and Restated Rules Related to Overnight Parking and Parking Enforcement from time to time to designate new Tow-Away Zones or Designated Parking Areas as the District acquires additional common areas. Such designations of new Tow-Away Zones and Designated Parking Areas are subject to proper signage and shall be enforced consistent with this Rule. Further rulemaking procedures shall not be required to expand or contract such Tow-Away Zones or Designated Parking Areas so long as signage is consistent with Florida law.

EXHIBIT A – Designated Parking Areas (highlighted areas)
Effective date: April 28, 2026
EXHIBIT A
Designated Parking Areas
[Insert Map]

4
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RESOLUTION 2026-05
A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE CYPRESS PARK ESTATES COMMUNITY DEVELOPMENT DISTRICT APPROVING A PROPOSED BUDGET FOR FISCAL YEAR 2027 AND SETTING A PUBLIC HEARING THEREON PURSUANT TO FLORIDA LAW; ADDRESSING TRANSMITTAL, POSTING AND PUBLICATION REQUIREMENTS; ADDRESSING SEVERABILITY; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the District Manager has, prior to June 15, 2026, prepared and submitted to the Board of Supervisors (“Board”) of the Cypress Park Estates Community Development District (“District”) a proposed budget (“Proposed Budget”) for the Fiscal Year beginning October 1, 2026, and ending September 30, 2027 (“Fiscal Year 2027”); and

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

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE CYPRESS PARK ESTATES COMMUNITY DEVELOPMENT DISTRICT:
PROPOSED BUDGET APPROVED. The Proposed Budget prepared by the District Manager for Fiscal Year 2027 attached hereto as Exhibit A is hereby approved as the basis for conducting a public hearing to adopt said Proposed Budget.
SETTING A PUBLIC HEARING. A public hearing on said approved Proposed Budget is hereby declared and set for the following date, hour and location:

DATE:	July 28, 2026
HOUR:	10:00 a.m.
LOCATION:	Lake Alfred Public Library
245 N. Seminole Avenue Lake Alfred, Florida 33850
TRANSMITTAL  OF  PROPOSED  BUDGET  TO  LOCAL  GENERAL
PURPOSE GOVERNMENT(S). The District Manager is hereby directed to submit a copy of the Proposed Budget to the City of Haines City and Polk County at least sixty (60) days prior to the hearing set above.
POSTING OF PROPOSED BUDGET. In accordance with Section 189.016, Florida Statutes, the District’s Secretary is further directed to post the approved Proposed Budget on the District’s website at least two (2) days before the budget hearing date as set forth in Section 2, and shall remain on the website for at least forty-five (45) days.
PUBLICATION OF NOTICE. Notice of this public hearing shall be published in the manner prescribed in Florida law.

SEVERABILITY. The invalidity or unenforceability of any one or more provisions of this Resolution shall not affect the validity or enforceability of the remaining portions of this Resolution, or any part thereof.
EFFECTIVE DATE. This Resolution shall take effect immediately upon adoption.
PASSED AND ADOPTED THIS 28TH DAY OF APRIL 2026.
ATTEST:	CYPRESS PARK ESTATES
COMMUNITY DEVELOPMENT DISTRICT
By: 	

Secretary	Its: 	

Exhibit A:	Proposed Budget for Fiscal Year 2027

Cypress Park Estates
Community Development District

Proposed Budget
FY 2027
Table of Contents

1-2	General Fund	

3-7	

General Fund Narrative	

8	

Capital Reserve Fund	

9	

Debt Service Fun Series 2020A1	

10	

Amortization Schedule Series 2020A1	

11	

Debt Service Fund Series 2020A2	

12	

Amortization Schedule Series 2020A2	

13	

Debt Service Fund Series 2022	

14	

Amortization Schedule Series 2022	

	Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Proposed Budget	
Description	FY2026	3/31/26	6 Months	9/30/26	FY2027	

Revenues						
Assessments - On Roll	$	762,566	$	703,947	$	58,619	$	762,566	$	762,566	
Interest Income	$	5,568	$	6,352	$	2,117	$	8,469	$	4,235	
Miscellaneous Income	$	-	$	1,493	$	-	$	1,493	$	-	
Total Revenues	$	768,134	$	711,792	$	60,737	$	772,529	$	766,801	

Expenditures						
General & Administrative:						
Supervisor Fees	$	12,000	$	2,000	$	6,000	$	8,000	$	12,000	
Engineer Fees	$	10,000	$	2,000	$	7,000	$	9,000	$	10,000	
Attorney Fees	$	30,000	$	4,725	$	19,600	$	24,325	$	25,000	
Annual Audit	$	4,600	$	4,600	$	-	$	4,600	$	4,700	
Assessment Adminstration	$	5,732	$	5,732	$	-	$	5,732	$	6,019	
Dissemination	$	7,574	$	3,787	$	3,787	$	7,574	$	7,953	
Arbitrage	$	1,350	$	1,350	$	-	$	1,350	$	1,350	
Trustee Fees	$	13,332	$	11,442	$	1,890	$	13,332	$	13,332	
Management Fees	$	46,350	$	23,175	$	23,175	$	46,350	$	48,668	
Information Technology	$	1,947	$	974	$	974	$	1,947	$	2,044	
Website Maintenance	$	1,298	$	649	$	649	$	1,298	$	1,363	
Postage & Delivery	$	500	$	777	$	600	$	1,377	$	1,500	
Insurance	$	8,810	$	6,810	$	-	$	6,810	$	7,491	
Copies	$	100	$	149	$	150	$	299	$	350	
Legal Advertising	$	2,000	$	1,700	$	750	$	2,450	$	3,000	
Other Current Charges	$	1,000	$	266	$	300	$	566	$	1,000	
Office Supplies	$	50	$	4	$	25	$	29	$	50	
Dues, Licenses & Subscriptions	$	175	$	175	$	-	$	175	$	175	
Total Administrative	$	146,817	$	70,314	$	64,899	$	135,213	$	145,994	

Operations & Maintenance						
Field Expenditures Property Insurance	

$	17,958	

$	15,954	

$	-	

$	15,954	

$	15,156	
Field Management	$	20,600	$	10,300	$	10,300	$	20,600	$	21,630	
Landscape Maintenance	$	135,500	$	61,818	$	61,818	$	123,636	$	135,684	
Landscape Replacement	$	45,000	$	3,885	$	22,500	$	26,385	$	45,000	
Streetlights	$	25,000	$	13,841	$	14,100	$	27,941	$	31,000	
Electric	$	13,300	$	4,700	$	5,100	$	9,800	$	13,300	
Water & Sewer	$	45,000	$	13,070	$	16,800	$	29,870	$	45,000	
Sidewalk & Asphalt Maintenance	$	2,500	$	-	$	1,250	$	1,250	$	2,500	
Irrigation Repairs	$	6,000	$	1,303	$	3,000	$	4,303	$	6,000	
Fountain Maintenance	$	1,800	$	900	$	900	$	1,800	$	1,860	
General Repairs & Maintenance	$	25,000	$	12,172	$	12,500	$	24,672	$	20,000	
Reserve Study	$	-	$	-	$	-	$	-	$	6,500	
Stormwater Maintenance	$	-	$	-	$	-	$	-	$	30,000	
Contingency	$	10,000	$	10,135	$	-	$	10,135	$	10,000	
Subtotal Field Expenditures	$	347,658	$	148,079	$	148,268	$	296,347	$	383,630	

Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Proposed Budget	
Description	FY2026	3/31/26	6 Months	9/30/26	FY2027	

Amenity Expenditures
Amenity - Electric	
$	25,000	
$	10,706	
$	13,200	
$	23,906	
$	27,000	
Amenity - Water	$	20,500	$	7,720	$	9,600	$	17,320	$	20,500	
Playground Lease	$	36,107	$	54,000	$	-	$	54,000	$	-	
Internet	$	1,200	$	550	$	660	$	1,210	$	1,500	
Pest Control	$	4,708	$	480	$	240	$	720	$	4,708	
Janitorial Service	$	14,705	$	5,960	$	6,000	$	11,960	$	15,995	
Amenity Management	$	12,875	$	6,438	$	6,438	$	12,875	$	13,519	
Security Services	$	54,054	$	19,104	$	27,027	$	46,131	$	56,757	
Pool Maintenance	$	24,408	$	11,905	$	11,850	$	23,755	$	24,300	
Amenity Repairs & Maintenance	$	15,000	$	5,420	$	7,500	$	12,920	$	15,000	
Contingency	$	7,500	$	-	$	3,750	$	3,750	$	7,500	
Subtotal Amenity Expenditures	$	216,057	$	122,281	$	86,265	$	208,546	$	186,778	
						
Total Operations & Maintenance	$	563,715	$	270,360	$	234,533	$	504,892	$	570,408	

Other Expenditures
Capital Reserves	

$	57,603	

$	57,603	

$	-	

$	57,603	

$	50,398	
Total Other Expenditures	$	57,603	$	57,603	$	-	$	57,603	$	50,398	

Total Expenditures	$	768,134	$	398,277	$	299,432	$	697,709	$	766,801		
							
Excess Revenues/(Expenditures)	$	(0)	$	313,515	$	(238,695)	$	74,820	$	-		

Net Assessments	
$762,566.24						
Add: Discounts & Collections 7%		$57,397.46 						
Gross Assessments		$819,963.70 						
Assessable Units	703						
Per Unit Gross Assessment		$1,166.38 						
FY26 Per Unit Gross Assessments		$1,166.38 						
Increase		$0.00 						
Product	ERU's	Assessable Units	ERU/Unit	Net Assessment	Net Per Unit	Gross Per Unit	
Phase 1	354.00	354	1.00	$383,995	$1,085	$1,166	
Phase 2	178.00	178	1.00	$193,082	$1,085	$1,166	
Phase 3	171.00	171	1.00	$185,489	$1,085	$1,166	
	703.00	703		$762,566			

REVENUES:

Assessments

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

Interest Income

Represents interest earnings from funds held in the District’s operating and reserve accounts.

EXPENDITURES:

Administrative:

Supervisor Fees

Represents compensation for Board of Supervisors members in accordance with Chapter 190, Florida Statutes, which allows up to $200 per meeting, not to exceed $4,800 annually per Supervisor for the performance of District business.

Engineer Fees

Represents general engineering services provided by Dewberry Engineers Inc., including but not limited to attendance and preparation for monthly Board meetings, review of invoices, and support for various projects as directed by the Board of Supervisors and the District Manager.

Attorney Fees

Represents general legal services provided by Kilinski Van Wyk, PLLC, including but not limited to attendance and preparation for meetings, preparation and review of agreements and resolutions, and other legal matters as directed by the Board of Supervisors and the District Manager.

Annual Audit

Represents the cost associated with the District’s annual independent audit of its financial records, as required by Florida Statutes. These services are provided by Grau & Associates, an independent certified public accountant.

Assessment Administration

Represents costs associated with the levy and administration of non-ad valorem assessments on all assessable property within the District, provided by Governmental Management Services – Central Florida, LLC.

Dissemination

Represents costs associated with compliance with Securities and Exchange Commission (SEC) Rule 15c2-12(b)(5), including required reporting for the District’s Series 2020 A1, Series 2020 A2, and Series 2022 Bonds. These services are provided by Governmental Management Services – Central Florida, LLC.

Arbitrage

Represents the cost of arbitrage rebate calculation services provided by American Municipal Tax-Exempt Compliance (AMTEC) for the District’s Series 2020 A1, Series 2020 A2, and Series 2022 Bonds in accordance with federal requirements.

Trustee Fees

Represents costs associated with trustee services for the District’s outstanding bond issuances, provided by U.S. Bank, including the administration of bond funds, processing of payments, and compliance with trust indenture requirements.

Management Fees

Represents costs associated with management, accounting, and administrative services provided under a Management Agreement with Governmental Management Services – Central Florida, LLC, including but not limited to recording and transcription of Board meetings, administrative services, budget preparation, financial reporting, and coordination of the annual audit.

Information Technology

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

Website Maintenance

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

Postage & Delivery

Represents costs associated with mailing of Board meeting agenda packages, overnight deliveries, and general correspondence for District operations.

Insurance

Represents costs associated with the District’s general liability and public officials’ liability insurance coverage provided by the Florida Insurance Alliance (FIA), which specializes in serving governmental entities.

Copies

Represents costs associated with printing agenda materials for Board meetings, printing of computerized checks, stationery, envelopes, and related supplies.

Legal Advertising

Represents costs associated with advertising required notices for Board meetings, public hearings, and other official District actions in a newspaper of general circulation.

Other Current Charges

Represents bank charges and other miscellaneous expenses incurred during the fiscal year.

Office Supplies

Represents costs for office supplies purchased during the fiscal year, including paper, minute books, file folders, labels, paper clips, and related items.

Dues, Licenses & Subscriptions

Represents the annual special district fee of $175 paid to the Florida Department of Economic Opportunity, as required by Florida Statutes, to maintain the District’s active status and compliance with state reporting requirements.

Operations & Maintenance:

Field Expenditures

Property Insurance

Represents costs associated with the District’s property insurance coverage provided by the Florida Insurance Alliance (FIA), which specializes in serving governmental entities.

Field Management

Represents the costs of contracting services that provide onsite field management of contracts for the District such as landscape and lake maintenance. Services can include onsite inspections, meetings with contractors, monitoring of utility accounts, attend Board meetings and receive and respond to property owner phone calls and emails. Governmental Management Services - Central Florida, LLC, provides these services.

Landscape Maintenance

Represents costs associated with landscape maintenance services provided by Prince & Sons, Inc., including mowing, edging, trimming, cleanup, detailing, pruning, and irrigation system maintenance throughout the District.

Landscape Replacement

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

Streetlights

Represents costs associated with streetlight usage within the District’s common areas, provided by Duke Energy.

Electric

Represents electric utility costs for common areas throughout the District, provided by Duke Energy.

Water & Sewer

Represents costs for water and refuse services for common areas throughout the District, provided by the City of Haines City.

Sidewalk & Asphalt Maintenance

Represents the estimated costs of maintaining the sidewalks and asphalt throughout the District’s Boundary.

Irrigation Repairs

Represents costs associated with maintaining and repairing the District’s irrigation system, including sprinklers and irrigation wells, provided by Prince & Sons, Inc.

Fountain Maintenance

Represents costs associated with maintaining and repairing the entrance fountain, provided by Resort Pool Services.

General Repairs & Maintenance

Represents estimated costs associated with general repairs and maintenance of the District’s common areas, including upkeep and repair of fences, monuments, lighting, and other District assets.

Reserve Study

Represents the cost to conduct a reserve study to evaluate the condition and useful life of the District’s capital assets and assist in planning for future repair and replacement needs.

Stormwater Maintenance

Represents costs associated with the maintenance of the District’s stormwater management system, including ponds, control structures, and related infrastructure.

Contingency

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

Amenity Expenditures

Amenity - Electric

Represents electric utility costs for the District’s amenity facilities, provided by Duke Energy.

Amenity – Water

Represents water utility costs for the District’s amenity facilities, provided by the City of Haines City.

Internet

Represents costs associated with internet service for the District’s amenity facilities, provided by Spectrum Internet.

Pest Control

Represents costs associated with pest control services for the District’s amenity facilities, provided by Massey Services, Inc.

Janitorial Services

Represents costs associated with janitorial services and supplies for the District’s amenity facilities, including routine cleaning, sanitation, and restocking of supplies, provided by CSS Clean Star Services of Central Florida.

Amenity Management

Represents costs associated with amenity management services provided by Governmental Management Services – Central Florida, LLC, including access card issuance, resident verification, keycard troubleshooting, monitoring of amenity facilities, enforcement of amenity policies, and communication with residents.

Security Services

Represents costs associated with security services for the District’s amenity facilities, including routine patrols, monitoring, and general oversight to enhance safety and security.

Pool Maintenance

Represents costs associated with routine cleaning, chemical treatment, and maintenance of the District’s pool facilities, provided by Resort Pool Services.

Amenity Repairs & Maintenance

Represents estimated costs associated with repairs and maintenance of the District’s amenity facilities, including upkeep of buildings, equipment, and other amenity assets to ensure proper operation and appearance.

Contingency

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

Other Expenditures:

Capital Reserves

Represents funds collected and set aside for the future replacement, repair, and acquisition of capital improvements throughout the District, ensuring the long-term maintenance and sustainability of District assets.
Capital Reserve Fund

Revenues						
Carry Forward Surplus	$	33,544	$	157,729	$	-	$	157,729	$	144,632	
Interest	$	2,813	$	3,225	$	1,075	$	4,300	$	2,813	
Total Revenues	$	36,357	$	160,954	$	1,075	$	162,029	$	147,445	

Expenditures						
Special Projects	$	75,000	$	39,296	$	35,704	$	75,000	$	-	
Pool Shade	$	-	$	-	$	-	$	-	$	78,000	
Dog Park Shade	$	-	$	-	$	-	$	-	$	35,000	
Dog Park Landscape Enhancement	$	-	$	-	$	-	$	-	$	15,000	
Total Expenditures	$	75,000	$	39,296	$	35,704	$	75,000	$	128,000	

Other Financing Sources/(Uses)						
Transfer In	$	57,603	$	57,603	$	-	$	57,603	$	50,398	
Total Other Financing Sources/(Uses)	$	57,603	$	57,603	$	-	$	57,603	$	50,398	
						
Excess Revenues/(Expenditures)	$	18,959	$	179,262	$	(34,629)	$	144,632	$	69,843	
Debt Service Fund Series 2020 A-1

Description	Adopted Budget FY2026	Actuals Thru 3/31/26	Projected Next
6 Months	Projected Thru 9/30/26	Proposed Budget FY2027	

Revenues						
Special Assessments - 2020 A1	$	442,500	$	408,485	$	34,015	$	442,500	$	442,500	
Interest Income	$	10,013	$	8,434	$	2,811	$	11,245	$	5,622	
Carry Forward Surplus	$	220,582	$	221,138	$	-	$	221,138	$	233,451	
Total Revenues	$	673,095	$	638,056	$	36,826	$	674,882	$	681,574	
Expenditures						
Series 2020A-1						
Interest - 11/1	$	138,216	$	138,216	$	-	$	138,216	$	135,534	
Principal - 5/1	$	165,000	$	-	$	165,000	$	165,000	$	170,000	
Interest - 5/1	$	138,216	$	-	$	138,216	$	138,216	$	135,534	
Total Expenditures	$	441,431	$	138,216	$	303,216	$	441,431	$	441,069	
						
Excess Revenues/(Expenditures)	$	231,664	$	499,841	$	(266,389)	$	233,451	$	240,505	

*Carry forward less amount in Reserve funds.						
				Series 2020 A-1		
				Interest- 11/1/27		$132,772		
Total 	$132,772							

Product	
Assessable Units	Maximum Annual Debt Service	Net Assessment Per Unit	Gross Assessment Per Unit		
Single Family Phase 1	354	$442,500	$1,250	$1,344		
	354	$442,500				
Cypress Park Estates
Community Development District
Series 2020 Special Assessment Bonds Area 1 Amortization Schedule

DATE		BALANCE		PRINCIPAL		INTEREST		TOTAL	
									
11/01/26	$	6,985,000.00	$	-	$	135,534.38	$	438,750.00	
05/01/27	$	6,985,000.00	$	170,000.00	$	135,534.38	$	-	
11/01/27	$	6,815,000.00	$	-	$	132,771.88	$	438,306.25	
05/01/28	$	6,815,000.00	$	175,000.00	$	132,771.88	$	-	
11/01/28	$	6,640,000.00	$	-	$	129,928.13	$	437,700.00	
05/01/29	$	6,640,000.00	$	185,000.00	$	129,928.13	$	-	
11/01/29	$	6,455,000.00	$	-	$	126,921.88	$	441,850.00	
05/01/30	$	6,455,000.00	$	190,000.00	$	126,921.88	$	-	
11/01/30	$	6,265,000.00	$	-	$	123,834.38	$	440,756.25	
05/01/31	$	6,265,000.00	$	195,000.00	$	123,834.38	$	-	
11/01/31	$	6,070,000.00	$	-	$	120,056.25	$	438,890.63	
05/01/32	$	6,070,000.00	$	205,000.00	$	120,056.25	$	-	
11/01/32	$	5,865,000.00	$	-	$	116,084.38	$	441,140.63	
05/01/33	$	5,865,000.00	$	210,000.00	$	116,084.38	$	-	
11/01/33	$	5,655,000.00	$	-	$	112,015.63	$	438,100.00	
05/01/34	$	5,655,000.00	$	220,000.00	$	112,015.63	$	-	
11/01/34	$	5,435,000.00	$	-	$	107,753.13	$	439,768.75	
05/01/35	$	5,435,000.00	$	230,000.00	$	107,753.13	$	-	
11/01/35	$	5,205,000.00	$	-	$	103,296.88	$	441,050.00	
05/01/36	$	5,205,000.00	$	240,000.00	$	103,296.88	$	-	
11/01/36	$	4,965,000.00	$	-	$	98,646.88	$	441,943.75	
05/01/37	$	4,965,000.00	$	245,000.00	$	98,646.88	$	-	
11/01/37	$	4,720,000.00	$	-	$	93,900.00	$	437,546.88	
05/01/38	$	4,720,000.00	$	255,000.00	$	93,900.00	$	-	
11/01/38	$	4,465,000.00	$	-	$	88,959.38	$	437,859.38	
05/01/39	$	4,465,000.00	$	265,000.00	$	88,959.38	$	-	
11/01/39	$	4,200,000.00	$	-	$	83,825.00	$	437,784.38	
05/01/40	$	4,200,000.00	$	280,000.00	$	83,825.00	$	-	
11/01/40	$	3,920,000.00	$	-	$	78,400.00	$	442,225.00	
05/01/41	$	3,920,000.00	$	290,000.00	$	78,400.00	$	-	
11/01/41	$	3,630,000.00	$	-	$	72,600.00	$	441,000.00	
05/01/42	$	3,630,000.00	$	300,000.00	$	72,600.00	$	-	
11/01/42	$	3,330,000.00	$	-	$	66,600.00	$	439,200.00	
05/01/43	$	3,330,000.00	$	315,000.00	$	66,600.00	$	-	
11/01/43	$	3,015,000.00	$	-	$	60,300.00	$	441,900.00	
05/01/44	$	3,015,000.00	$	325,000.00	$	60,300.00	$	-	
11/01/44	$	2,690,000.00	$	-	$	53,800.00	$	439,100.00	
05/01/45	$	2,690,000.00	$	340,000.00	$	53,800.00	$	-	
11/01/45	$	2,350,000.00	$	-	$	47,000.00	$	440,800.00	
05/01/46	$	2,350,000.00	$	355,000.00	$	47,000.00	$	-	
11/01/46	$	1,995,000.00	$	-	$	39,900.00	$	441,900.00	
05/01/47	$	1,995,000.00	$	365,000.00	$	39,900.00	$	-	
11/01/47	$	1,630,000.00	$	-	$	32,600.00	$	437,500.00	
05/01/48	$	1,630,000.00	$	385,000.00	$	32,600.00	$	-	
11/01/48	$	1,245,000.00	$	-	$	24,900.00	$	442,500.00	
05/01/49	$	1,245,000.00	$	400,000.00	$	24,900.00	$	-	
11/01/49	$	845,000.00	$	-	$	16,900.00	$	441,800.00	
05/01/50	$	845,000.00	$	415,000.00	$	16,900.00	$	-	
11/1/50	$	430,000.00	$	-	$	8,600.00	$	440,500.00	
5/1/51	$	430,000.00	$	430,000.00	$	8,600.00	$	438,600.00	
			$	7,150,000.00	$	4,426,687.50	$	11,877,003.13	
Cypress Park Estates
Community Development District

Proposed Budget Debt Service Fund Series 2020 A-2

Description	Adopted Budget FY2026	Actuals Thru 3/31/26	Projected Next
6 Months	Projected Thru 9/30/26	Proposed Budget FY2027	

Revenues						
Special Assessments - 2020 A2	$	71,200	$	65,727	$	5,473	$	71,200	$	71,200	
Interest Income	$	1,683	$	1,424	$	475	$	1,899	$	949	
Carry Forward Surplus	$	405,438	$	39,505	$	-	$	39,505	$	42,848	
Total Revenues	$	478,321	$	106,656	$	5,948	$	112,604	$ 114,997	
Expenditures						
Series 2020A-2						
Interest- 11/1	$	22,378	$	22,378	$	-	$	22,378	$	21,878	
Principal - 5/1	$	25,000	$	-	$	25,000	$	25,000	$	25,000	
Interest - 5/1	$	22,378	$	-	$	22,378	$	22,378	$	21,878	
Total Expenditures	$	69,756	$	22,378	$	47,378	$	69,756	$	68,756	
						
Excess Revenues/(Expenditures)	$	408,565	$	84,278	$	(41,430)	$	42,848	$	46,241	

*Carry forward less amount in Reserve funds.						
				Series 2020 A-2		
Interest - 11/1/27 	$21,378	
Total 	$21,378	

Product	
Assessable Units	Maximum Annual Debt Service	Net Assessment Per Unit	Gross Assessment Per Unit	
Single Family Phase 2	178	$71,200	$400	$430	
	178	$71,200			
Cypress Park Estates
Community Development District Series 2020 Special Assessment Bonds Area 2 Amortization Schedule

DATE		BALANCE		PRINCIPAL		INTEREST		TOTAL	
									
11/01/26	$	1,075,000.00	$	-	$	21,878.13	$	69,256.25	
05/01/27	$	1,075,000.00	$	25,000.00	$	21,878.13	$	-	
11/01/27	$	1,050,000.00	$	-	$	21,378.13	$	68,256.25	
05/01/28	$	1,050,000.00	$	25,000.00	$	21,378.13	$	-	
11/01/28	$	1,025,000.00	$	-	$	20,878.13	$	67,256.25	
05/01/29	$	1,025,000.00	$	30,000.00	$	20,878.13	$	-	
11/01/29	$	995,000.00	$	-	$	20,278.13	$	71,156.25	
05/01/30	$	995,000.00	$	30,000.00	$	20,278.13	$	-	
11/01/30	$	965,000.00	$	-	$	19,678.13	$	69,956.25	
05/01/31	$	965,000.00	$	30,000.00	$	19,678.13	$	-	
11/01/31	$	935,000.00	$	-	$	19,078.13	$	68,756.25	
05/01/32	$	935,000.00	$	30,000.00	$	19,078.13	$	-	
11/01/32	$	905,000.00	$	-	$	18,478.13	$	67,556.25	
05/01/33	$	905,000.00	$	30,000.00	$	18,478.13	$	-	
11/01/33	$	875,000.00	$	-	$	17,878.13	$	66,356.25	
05/01/34	$	875,000.00	$	35,000.00	$	17,878.13	$	-	
11/01/34	$	840,000.00	$	-	$	17,178.13	$	70,056.25	
05/01/35	$	840,000.00	$	35,000.00	$	17,178.13	$	-	
11/01/35	$	805,000.00	$	-	$	16,478.13	$	68,656.25	
05/01/36	$	805,000.00	$	35,000.00	$	16,478.13	$	-	
11/01/36	$	770,000.00	$	-	$	15,778.13	$	67,256.25	
05/01/37	$	770,000.00	$	40,000.00	$	15,778.13	$	-	
11/01/37	$	730,000.00	$	-	$	14,978.13	$	70,756.25	
05/01/38	$	730,000.00	$	40,000.00	$	14,978.13	$	-	
11/01/38	$	690,000.00	$	-	$	14,178.13	$	69,156.25	
05/01/39	$	690,000.00	$	40,000.00	$	14,178.13	$	-	
11/01/39	$	650,000.00	$	-	$	13,378.13	$	67,556.25	
05/01/40	$	650,000.00	$	45,000.00	$	13,378.13	$	-	
11/01/40	$	605,000.00	$	-	$	12,478.13	$	70,856.25	
05/01/41	$	605,000.00	$	45,000.00	$	12,478.13	$	-	
11/01/41	$	560,000.00	$	-	$	11,550.00	$	69,028.13	
05/01/42	$	560,000.00	$	45,000.00	$	11,550.00	$	-	
11/01/42	$	515,000.00	$	-	$	10,621.88	$	67,171.88	
05/01/43	$	515,000.00	$	50,000.00	$	10,621.88	$	-	
11/01/43	$	465,000.00	$	-	$	9,590.63	$	70,212.50	
05/01/44	$	465,000.00	$	50,000.00	$	9,590.63	$	-	
11/01/44	$	415,000.00	$	-	$	8,559.38	$	68,150.00	
05/01/45	$	415,000.00	$	55,000.00	$	8,559.38	$	-	
11/01/45	$	360,000.00	$	-	$	7,425.00	$	70,984.38	
05/01/46	$	360,000.00	$	55,000.00	$	7,425.00	$	-	
11/01/46	$	305,000.00	$	-	$	6,290.63	$	68,715.63	
05/01/47	$	305,000.00	$	55,000.00	$	6,290.63	$	-	
11/01/47	$	250,000.00	$	-	$	5,156.25	$	66,446.88	
05/01/48	$	250,000.00	$	60,000.00	$	5,156.25	$	-	
11/01/48	$	190,000.00	$	-	$	3,918.75	$	69,075.00	
05/01/49	$	190,000.00	$	60,000.00	$	3,918.75	$	-	
11/01/49	$	130,000.00	$	-	$	2,681.25	$	66,600.00	
05/01/50	$	130,000.00	$	65,000.00	$	2,681.25	$	-	
11/1/50	$	65,000.00	$	-	$	1,340.63	$	69,021.88	
5/1/51	$	65,000.00	$	65,000.00	$	1,340.63	$	66,340.63	
			$	1,100,000.00	$	706,968.75	$	1,854,846.88	
Cypress Park Estates
Community Development District

Proposed Budget Debt Service Fund Series 2022

Description	Adopted Budget FY2026	Actuals Thru 3/31/26	Projected Next
6 Months	Projected Thru 9/30/26	Proposed Budget FY2027	

Revenues						
Special Assessments	$	434,150	$	400,777	$	33,373	$	434,150	$	434,150	
Interest Income	$	9,891	$	8,292	$	2,764	$	11,056	$	5,528	
Carry Forward Surplus	$	251,412	$	252,097	$	-	$	252,097	$	264,553	
Total Revenues	$	695,452	$	661,166	$	36,137	$	697,303	$	704,232	

Expenditures						
Series 2022						
Interest - 11/1	$	158,875	$	158,875	$	-	$	158,875	$	156,359	
Principal - 5/1	$	115,000	$	-	$	115,000	$	115,000	$	120,000	
Interest - 5/1	$	158,875	$	-	$	158,875	$	158,875	$	156,359	
Total Expenditures	$	432,750	$	158,875	$	273,875	$	432,750	$	432,719	
						
Excess Revenues/(Expenditures)	$	262,702	$	502,291	$  (237,738)	$	264,553	$	271,513	

*Carry forward less amount in Reserve funds.						
				Series 2022		
Interest - 11/1/27 	$153,734	
Total 	$153,734							

Product	
Assessable Units	Maximum Annual Debt Service	Net Assessment Per Unit	Gross Assessment Per Unit		
Single Family - Phase 2	178	$169,100	$950	$1,022		
Single family - Phase 3	171	$265,050	$1,550	$1,667		
	349	$434,150				
Cypress Park Estates Community Development District Series 2022 Special Assessment Bonds Amortization Schedule

DATE		BALANCE		PRINCIPAL		INTEREST		TOTAL	
									
11/01/26	$	6,100,000.00	$	-	$	156,359.38	$	430,234.38	
05/01/27	$	6,100,000.00	$	120,000.00	$	156,359.38	$	-	
11/01/27	$	6,100,000.00	$	-	$	153,734.38	$	430,093.75	
05/01/28	$	6,100,000.00	$	125,000.00	$	153,734.38	$	-	
11/01/28	$	5,975,000.00	$	-	$	150,765.63	$	429,500.00	
05/01/29	$	5,975,000.00	$	135,000.00	$	150,765.63	$	-	
11/01/29	$	5,840,000.00	$	-	$	147,559.38	$	433,325.00	
05/01/30	$	5,840,000.00	$	140,000.00	$	147,559.38	$	-	
11/01/30	$	5,555,000.00	$	-	$	144,234.38	$	431,793.75	
05/01/31	$	5,400,000.00	$	145,000.00	$	144,234.38	$	-	
11/01/31	$	5,400,000.00	$	-	$	140,790.63	$	430,025.00	
05/01/32	$	5,400,000.00	$	155,000.00	$	140,790.63	$	-	
11/01/32	$	5,400,000.00	$	-	$	137,109.38	$	432,900.00	
05/01/33	$	5,400,000.00	$	160,000.00	$	137,109.38	$	-	
11/01/33	$	5,240,000.00	$	-	$	133,109.38	$	430,218.75	
05/01/34	$	5,240,000.00	$	170,000.00	$	133,109.38	$	-	
11/01/34	$	5,070,000.00	$	-	$	128,859.38	$	431,968.75	
05/01/35	$	5,070,000.00	$	180,000.00	$	128,859.38	$	-	
11/01/35	$	4,890,000.00	$	-	$	124,359.38	$	433,218.75	
05/01/36	$	4,890,000.00	$	185,000.00	$	124,359.38	$	-	
11/01/36	$	4,705,000.00	$	-	$	119,734.38	$	429,093.75	
05/01/37	$	4,705,000.00	$	195,000.00	$	119,734.38	$	-	
11/01/37	$	4,510,000.00	$	-	$	114,859.38	$	429,593.75	
05/01/38	$	4,510,000.00	$	205,000.00	$	114,859.38	$	-	
11/01/38	$	4,305,000.00	$	-	$	109,734.38	$	429,593.75	
05/01/39	$	4,305,000.00	$	215,000.00	$	109,734.38	$	-	
11/01/39	$	4,090,000.00	$	-	$	104,359.38	$	429,093.75	
05/01/40	$	4,090,000.00	$	225,000.00	$	104,359.38	$	-	
11/01/40	$	3,375,000.00	$	-	$	98,734.38	$	428,093.75	
05/01/41	$	3,375,000.00	$	240,000.00	$	98,734.38	$	-	
11/01/41	$	3,375,000.00	$	-	$	92,734.38	$	431,468.75	
05/01/42	$	3,375,000.00	$	250,000.00	$	92,734.38	$	-	
11/01/42	$	3,375,000.00	$	-	$	86,484.38	$	429,218.75	
05/01/43	$	3,375,000.00	$	265,000.00	$	86,484.38	$	-	
11/01/43	$	3,110,000.00	$	-	$	79,693.75	$	431,178.13	
05/01/44	$	3,110,000.00	$	280,000.00	$	79,693.75	$	-	
11/01/44	$	2,830,000.00	$	-	$	72,518.75	$	432,212.50	
05/01/45	$	2,830,000.00	$	295,000.00	$	72,518.75	$	-	
11/01/45	$	2,535,000.00	$	-	$	64,959.38	$	432,478.13	
05/01/46	$	2,535,000.00	$	310,000.00	$	64,959.38	$	-	
11/01/46	$	2,225,000.00	$	-	$	57,015.63	$	431,975.00	
05/01/47	$	2,225,000.00	$	325,000.00	$	57,015.63	$	-	
11/01/47	$	1,900,000.00	$	-	$	48,687.50	$	430,703.13	
05/01/48	$	1,900,000.00	$	340,000.00	$	48,687.50	$	-	
11/01/48	$	1,560,000.00	$	-	$	39,975.00	$	428,662.50	
05/01/49	$	1,560,000.00	$	360,000.00	$	39,975.00	$	-	
11/01/49	$	1,200,000.00	$	-	$	30,750.00	$	430,725.00	
05/01/50	$	1,200,000.00	$	380,000.00	$	30,750.00	$	-	
11/1/50	$	820,000.00	$	-	$	21,012.50	$	431,762.50	
5/1/51	$	820,000.00	$	400,000.00	$	21,012.50	$	-	
11/1/51	$	420,000.00	$	-	$	10,762.50	$	431,775.00	
5/1/52	$	420,000.00	$	420,000.00	$	10,762.50	$	430,762.50	
			$	6,335,000.00	$	5,455,543.87	$	12,061,825.12	

!!"#$%& 8
RESOLUTION 2026-06
A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE CYPRESS PARK ESTATES COMMUNITY DEVELOPMENT DISTRICT IMPLEMENTING SECTION 190.006(3)(a)2.c., FLORIDA STATUTES AND INSTRUCTING THE POLK COUNTY SUPERVISOR OF ELECTIONS TO CONDUCT THE DISTRICT’S GENERAL ELECTION; PROVIDING FOR COMPENSATION; SETTING FORTH THE TERMS OF OFFICE; AUTHORIZING NOTICE OF THE QUALIFYING PERIOD; AND PROVIDING FOR SEVERABILITY AND AN EFFECTIVE DATE.

WHEREAS, the Cypress Park Estates Community Development District (“District”) is a local unit of special-purpose government created and existing pursuant to Chapter 190, Florida Statutes, being situated entirely within the City of Haines City, Florida; and
WHEREAS, the Board of Supervisors of the District (“Board”) seeks to implement Section 190.006(3)(a)2.c., Florida Statutes, and to instruct the Supervisor of Elections for Polk County, Florida (“Supervisor of Elections”), to conduct the District’s elections by the qualified electors of the District at the 2026 general election (“General Election”).

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE CYPRESS PARK ESTATES COMMUNITY DEVELOPMENT DISTRICT:

CURRENT BOARD MEMBERS. The Board is currently made up of the following individuals, seats and terms:
Seat Number	Supervisor	Term Expiration Date
Alan Metzger	November 2028
Kristina Bolen	November 2028
Steve Rosser	November 2026
Maria Perez	November 2026
McKinzie Terrill	November 2026

GENERAL ELECTION SEATS. Seat 3 and Seat 4 with terms expiring in November 2026 are scheduled for the General Election in November 2026. The District Manager is hereby authorized to notify the Supervisor of Elections of the seats subject to General Election for the current election year, and for each subsequent election year. The remaining seat with a term expiring in November 2026 shall be filled by an election of the landowners in accordance with Section 190.006, Florida Statutes, which process shall be addressed by subsequent resolution.
QUALIFICATION PROCESS. For each General Election, all candidates shall qualify for individual seats in accordance with Section 99.061, Florida Statutes, and must also be a qualified elector of the District. A qualified elector is any person at least 18 years of age who is a citizen of the United States, a legal resident of the State of Florida and of the District, and who
is registered to vote with the Polk County Supervisor of Elections. Campaigns shall be conducted in accordance with Chapter 106, Florida Statutes.

COMPENSATION. Each member of the Board is entitled to receive $200 per meeting for their attendance; up to a maximum of $4,800 per year.
TERM OF OFFICE. The term of office for the individuals to be elected to the Board in the General Election is four (4) years. The newly elected Board members shall assume office on the second Tuesday following the election.
REQUEST TO SUPERVISOR OF ELECTIONS. The District hereby requests that the Supervisor of Elections conduct the District’s General Election in November 2026, and for each subsequent General Election unless otherwise directed by the District Manager. The District understands that it will be responsible to pay for its proportionate share of the General Election cost and agrees to pay same within a reasonable time after receipt of an invoice from the Supervisor of Elections.
PUBLICATION. The District Manager is directed to publish a notice of the qualifying period for each General Election, in a form substantially similar to Exhibit A attached hereto.
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 become effective upon its passage.
PASSED AND ADOPTED this 28th day of April 2026.

ATTEST:
CYPRESS PARK ESTATES
COMMUNITY DEVELOPMENT DISTRICT

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

Exhibit A: Sample Notice of Qualifying Period
EXHIBIT A
SAMPLE NOTICE OF QUALIFYING PERIOD

NOTICE OF QUALIFYING PERIOD FOR CANDIDATES FOR THE BOARD OF SUPERVISORS OF THE
CYPRESS PARK ESTATES COMMUNITY DEVELOPMENT DISTRICT

Notice is hereby given that the qualifying period for candidates for the office of Supervisor of the Cypress Park Estates Community Development District will commence at noon on Monday, June 8, 2026, and close at noon on Friday, June 12, 2026. Candidates must qualify for the office of Supervisor with the Polk County Supervisor of Elections located at 250 S. Broadway Avenue, Bartow, Florida 33830. The Supervisor of Elections may be contacted by phone at (863) 534-5888. All candidates shall qualify for individual seats in accordance with Section 99.061, Florida Statutes, and must also be a “qualified elector” of the District, as defined in Section 190.003, Florida Statutes. A “qualified elector” is any person at least 18 years of age who is a citizen of the United States, a legal resident of the State of Florida and of the District, and who is registered to vote with the Polk County Supervisor of Elections. Campaigns shall be conducted in accordance with Chapter 106, Florida Statutes.

The Cypress Park Estates Community Development District has two (2) seats up for election, specifically Seats 3 and 4. Each seat carries a four (4)-year term of office. Elections are non-partisan and will be held at the same time as the general election on November 3, 2026, and in the manner prescribed by law for general elections.

For additional information, please contact the Polk County Supervisor of Elections. Publish on or before 	, 2026*
*Note to District Manager – Deadline is at least two weeks before the start of the qualifying period.

!!"#$%& 9

CYPRESS PARK ESTATES COMMUNITY DEVELOPMENT DISTRICT CITY OF HAINES CITY, FLORIDA FINANCIAL REPORT
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2025
CYPRESS PARK ESTATES COMMUNITY DEVELOPMENT DISTRICT CITY OF HAINES CITY, FLORIDA

TABLE OF CONTENTS

	Page	
INDEPENDENT AUDITOR’S REPORT	1-2	
MANAGEMENT’S DISCUSSION AND ANALYSIS	3-6	
BASIC FINANCIAL STATEMENTS		
Government-Wide Financial Statements:		
Statement of Net Position	7	
Statement of Activities	8	
Fund Financial Statements:		
Balance Sheet – Governmental Funds	9	
Reconciliation of the Balance Sheet – Governmental Funds		
to the Statement of Net Position	10	
Statement of Revenues, Expenditures and Changes in Fund Balances –
Governmental Funds	
11	
Reconciliation of the Statement of Revenues, Expenditures and Changes in
Fund Balances of Governmental Funds to the Statement of Activities	
12	
Notes to Financial Statements	13-21	
REQUIRED SUPPLEMENTARY INFORMATION		
Schedule of Revenues, Expenditures and Changes in Fund Balance –
Budget and Actual – General Fund	
22	
Notes to Required Supplementary Information	23	
OTHER INFORMATION		
Data Elements Required by Florida Statute 218.39(3)(c)	24	
INDEPENDENT AUDITOR’S REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING AND COMPLIANCE AND OTHER MATTERS BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS	

25-26	
INDEPENDENT AUDITOR’S REPORT ON COMPLIANCE WITH THE REQUIREMENTS OF SECTION 218.415, FLORIDA STATUTES, REQUIRED BY RULE 10.556(10)
OF THE AUDITOR GENERAL OF THE STATE OF FLORIDA	

27	
MANAGEMENT LETTER REQUIRED BY CHAPTER 10.550 OF THE RULES OF THE AUDITOR GENERAL OF THE STATE OF FLORIDA	
28-29	
INDEPENDENT AUDITOR’S REPORT

To the Board of Supervisors
Cypress Park Estates Community Development District City of Haines City, Florida

Report on the Audit of the Financial Statements
Opinions
We have audited the accompanying financial statements of the governmental activities and each major fund of Cypress Park Estates Community Development District, City of Haines City, Florida (“District”) as of and for the fiscal year ended September 30, 2025, and the related notes to the financial statements, which collectively comprise the District’s basic financial statements as listed in the table of contents.
In our opinion, the financial statements referred to above present fairly, in all material respects, the respective financial position of the governmental activities and each major fund of the District as of September 30, 2025, and the respective changes in financial position thereof for the fiscal year then ended in accordance with accounting principles generally accepted in the United States of America.
Basis for Opinions
We conducted our audit in accordance with auditing standards generally accepted in the United States of America (GAAS) and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States. Our responsibilities under those standards are further described in the Auditor’s Responsibilities for the Audit of the Financial Statements section of our report. We are required to be independent of the District and to meet our other ethical responsibilities, in accordance with the relevant ethical requirements relating to our audit. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinions.
Responsibilities of Management for the Financial Statements
The District’s management is responsible for the preparation and fair presentation of the financial statements in accordance with accounting principles generally accepted in the United States of America; and for the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, management is required to evaluate whether there are conditions or events, considered in the aggregate, that raise substantial doubt about the District’s ability to continue as a going concern for twelve months beyond the financial statement date, including any currently known information that may raise substantial doubt shortly thereafter.
Auditor’s Responsibilities for the Audit of the Financial Statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinions. Reasonable assurance is a high level of assurance but is not absolute assurance and therefore is not a guarantee that an audit conducted in accordance with GAAS will always detect a material misstatement when it exists. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. Misstatements are considered material if there is a substantial likelihood that, individually or in the aggregate, they would influence the judgment made by a reasonable user based on the financial statements.
In performing an audit in accordance with GAAS, we:
Exercise professional judgment and maintain professional skepticism throughout the audit.
Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, and design and perform audit procedures responsive to those risks. Such procedures include examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements.
Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the District’s internal control. Accordingly, no such opinion is expressed.
Evaluate the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluate the overall presentation of the financial statements.
Conclude whether, in our judgment, there are conditions or events, considered in the aggregate, that raise substantial doubt about the District’s ability to continue as a going concern for a reasonable period of time.
We are required to communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit, significant audit findings, and certain internal control–related matters that we identified during the audit.
Required Supplementary Information
Accounting principles generally accepted in the United States of America require that the management’s discussion and analysis and budgetary comparison information be presented to supplement the basic financial statements. Such information is the responsibility of management and, although not a part of the basic financial statements, is required by the Governmental Accounting Standards Board, who considers it to be an essential part of financial reporting for placing the basic financial statements in an appropriate operational, economic, or historical context. We have applied certain limited procedures to the required supplementary information in accordance with auditing standards generally accepted in the United States of America, which consisted of inquiries of management about the methods of preparing the information and comparing the information for consistency with management’s responses to our inquiries, the basic financial statements, and other knowledge we obtained during our audit of the basic financial statements. We do not express an opinion or provide any assurance on the information because the limited procedures do not provide us with sufficient evidence to express an opinion or provide any assurance.
Other Information Included in the Financial Report
Management is responsible for the other information included in the financial report. The other information comprises the information for compliance with FL Statute 218.39 (3) (c) but does not include the financial statements and our auditor's report thereon. Our opinions on the financial statements do not cover the other information, and we do not express an opinion or any form of assurance thereon. In connection with our audit of the financial statements, our responsibility is to read the other information and consider whether a material inconsistency exists between the other information and the financial statements, or the other information otherwise appears to be materially misstated. If, based on the work performed, we conclude that an uncorrected material misstatement of the other information exists, we are required to describe it in our report.
Other Reporting Required by Government Auditing Standards
In accordance with Government Auditing Standards, we have also issued our report dated Xxxx, 2026, on our consideration of the District’s internal control over financial reporting and on our tests of its compliance with certain provisions of laws, regulations, contracts, grant agreements and other matters. The purpose of that report is solely to describe the scope of our testing of internal control over financial reporting and compliance and the results of that testing, and not to provide an opinion on the effectiveness of the District’s internal control over financial reporting or on compliance. That report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the District’s internal control over financial reporting and compliance.

Xxxx, 2026
MANAGEMENT’S DISCUSSION AND ANALYSIS

Our discussion and analysis of Cypress Park Estates Community Development District, City of Haines City, Florida (“District”) provides a narrative overview of the District’s financial activities for the fiscal year ended September 30, 2025. Please read it in conjunction with the District’s Independent Auditor’s Report, basic financial statements, accompanying notes and supplementary information to the basic financial statements.

FINANCIAL HIGHLIGHTS

The assets of the District exceeded its liabilities at the close of the most recent fiscal year resulting in a net position balance of $8,132,995.

The change in the District’s total net position in comparison with the prior fiscal year was
$618,420, an increase. The key components of the District’s net position and change in net position are reflected in the table in the government-wide financial analysis section.

At September 30, 2025, the District’s governmental funds reported combined ending fund balance of $1,367,297, an increase of $244,599 in comparison with the prior fiscal year. The fund balance is non-spendable for prepaid items, restricted for debt service and capital projects, assigned to capital reserves, and the remainder is unassigned fund balance which is available for spending at the District’s discretion.
OVERVIEW OF FINANCIAL STATEMENTS

This discussion and analysis are intended to serve as the introduction to the District’s financial statements. The District’s basic financial statements are comprised of three components: 1) government-wide financial statements, 2) fund financial statements, and 3) notes to the financial statements. This report also contains other supplementary information in addition to the basic financial statements themselves.

Government-Wide Financial Statements
The government-wide financial statements are designed to provide readers with a broad overview of the District’s finances, in a manner similar to a private-sector business.

The statement of net position presents information on all the District’s assets, deferred outflows of resources, liabilities, and deferred inflows of resources with the residual amount being reported as net position. Over time, increases or decreases in net position may serve as a useful indicator of whether the financial position of the District is improving or deteriorating.

The statement of activities presents information showing how the government’s net position changed during the most recent fiscal year. All changes in net position are reported as soon as the underlying event giving rise to the change occurs, regardless of the timing of related cash flows. Thus, revenues and expenses are reported in this statement for some items that will only result in cash flows in future fiscal periods.

The government-wide financial statements include all governmental activities that are principally supported by assessments. The District does not have any business-type activities. The governmental activities of the District include the general government (management), maintenance, and parks and recreation functions.

Fund Financial Statements
A fund is a grouping of related accounts that is used to maintain control over resources that have been segregated for specific activities or objectives. The District, like other state and local governments, uses fund accounting to ensure and demonstrate compliance with finance-related legal requirements. The District has one fund category: governmental funds.
OVERVIEW OF FINANCIAL STATEMENTS (Continued)

Governmental Funds
Governmental funds are used to account for essentially the same functions reported as governmental activities in the government-wide financial statements. However, unlike the government-wide financial statements, governmental fund financial statements focus on near-term inflows and outflows of spendable resources, as well as on balances of spendable resources available at the end of the fiscal year. Such information may be useful in evaluating a District’s near-term financing requirements.

Because the focus of governmental funds is narrower than that of the government-wide financial statements, it is useful to compare the information presented for governmental funds with similar information presented for governmental activities in the government-wide financial statements. By doing so, readers may better understand the long-term impact of the District’s near-term financing decisions. Both the governmental fund balance sheet and the governmental fund statement of revenues, expenditures, and changes in fund balance provide a reconciliation to facilitate this comparison between governmental funds and governmental activities.

The District maintains three governmental funds for external reporting. Information is presented separately in the governmental fund balance sheet and the governmental fund statement of revenues, expenditures, and changes in fund balances for the general fund, debt service fund, and capital projects fund, all of which are considered major funds.

The District adopts an annual appropriated budget for its general fund. A budgetary comparison schedule has been provided for the general fund to demonstrate compliance with the budget.

Notes to the Financial Statements
The notes provide additional information that is essential to a full understanding of the data provided in the government-wide and fund financial statements.

GOVERNMENT-WIDE FINANCIAL ANALYSIS
As noted earlier, net position may serve over time as a useful indicator of an entity’s financial position. In the case of the District, assets exceeded liabilities at the close of the most recent fiscal year.

Key components of the District’s net position are reflected in the following table:

NET POSITION
SEPTEMBER 30,			
2025	2024		
Current and other assets	$	1,473,549	$	1,130,736		
Capital assets, net of depreciation	21,599,677	21,569,920		
Total assets	23,073,226	22,700,656		
Current liabilities	372,476	278,434		
Long-term liabilities	14,567,755	14,907,647		
Total liabilities	14,940,231	15,186,081		
Net position			
Net investment in capital assets	7,032,233	6,669,801	
Restricted	720,006	659,400	
Unrestricted	380,756	185,374	
Total net position	$	8,132,995	$	7,514,575	
GOVERNMENT-WIDE FINANCIAL ANALYSIS (Continued)

The District’s net position reflects its investment in capital assets (e.g. land, land improvements, and infrastructure) less any related debt used to acquire those assets that is still outstanding. These assets are used to provide services to residents; consequently, these assets are not available for future spending. Although the District’s investment in capital assets is reported net of related debt, it should be noted that the resources needed to repay this debt must be provided from other sources, since the capital assets themselves cannot be used to liquidate these liabilities.

The restricted portion of the District’s net position represents resources that are subject to external restrictions on how they may be used. The remaining balance of unrestricted net position may be used to meet the District’s other obligations.

The District’s net position increased during the most recent fiscal year. The majority of the increase represents the extent to which ongoing program revenues exceeded the cost of operations and depreciation expense.
Key elements of the change in net position are reflected in the following table:

CHANGES IN NET POSITION
FOR THE FISCAL YEAR ENDED SEPTEMBER 30,
2025	2024

Revenues:
Program revenues
Charges for services	$	1,729,862	$	1,564,682	
Operating grants and contributions	41,757	56,191	
Capital grants and contributions	91,969	2,840	
General revenues			
Miscellaneous income	7,560	60	
Investment earnings	11,591	-	
Total revenues	1,882,739	1,623,773	
Expenses:			
General government	149,735	106,053	
Maintenance and operations	277,294	247,641	
Parks and recreation	181,200	145,935	
Interest	656,090	672,178	
Total expenses	1,264,319	1,171,807	
Change in net position	618,420	451,966	
Net position - beginning	7,514,575	7,062,609	
Net position - ending	$	8,132,995	$	7,514,575	
As noted above and in the statement of activities, the cost of all governmental activities during the fiscal year ended September 30, 2025, was $1,264,319. The costs of the District’s activities were primarily funded by program revenues. Program revenues are comprised primarily of assessments. The remainder of the current fiscal year revenue includes interest revenue and miscellaneous income. The increase in current fiscal year expenses is primarily the result of an increase in maintenance costs and an increase in parks and recreation expenses.

GENERAL BUDGETING HIGHLIGHTS
An operating budget was adopted and maintained by the governing board for the District pursuant to the requirements of Florida Statutes. The budget is adopted using the same basis of accounting that is used in preparation of the fund financial statements. The legal level of budgetary control, the level at which expenditures may not exceed budget, is in the aggregate. Any budget amendments that increase the aggregate budgeted appropriations must be approved by the Board of Supervisors. Actual general fund expenditures did not exceed appropriations for the fiscal year ended September 30, 2025.
CAPITAL ASSETS AND DEBT ADMINISTRATION

Capital Assets
At September 30, 2025, the District had $21,678,899 invested in capital assets for its governmental activities. In the government-wide financial statements depreciation of $79,222 has been taken, which resulted in a net book value of $21,599,677. More detailed information about the District’s capital assets is presented in the notes of the financial statements.

Capital Debt
At September 30, 2025, the District had $14,585,000 Bonds outstanding for its governmental activities. In addition, the District has $51,434 in outstanding notes payable related to financed purchase agreements. More detailed information about the District’s capital debt is presented in the notes of the financial statements.

ECONOMIC FACTORS AND NEXT YEAR’S BUDGETS AND OTHER EVENTS

The District does not anticipate any major projects or significant changes to its infrastructure maintenance program for the subsequent fiscal year. In addition, it is anticipated that the general operations of the District will remain fairly constant.
CONTACTING THE DISTRICT’S FINANCIAL MANAGEMENT

This financial report is designed to provide our citizens, landowners, customers, investors and creditors with a general overview of the District’s finances and to demonstrate the District’s accountability for the financial resources it manages and the stewardship of the facilities it maintains. If you have questions about this report or need additional financial information, contact the Cypress Park Estates Community Development District’s Finance Department at 219 E. Livingston Street, Orlando, Florida, 32801.
CYPRESS PARK ESTATES COMMUNITY DEVELOPMENT DISTRICT CITY OF HAINES CITY, FLORIDA
STATEMENT OF NET POSITION SEPTEMBER 30, 2025

ASSETS
Cash and cash equivalents
Governmental
	Activities	

$	458,085
Assessments receivable	4,632
Prepaid items	27,038
Restricted assets:
Investments	983,794
Capital assets:
Nondepreciable	21,476,044
Depreciable, net		123,633 
Total assets		23,073,226 

LIABILITIES
Accounts payable	106,212
Accrued interest payable	266,224
Contracts and retainage payable	40
Non-current liabilities:
Due within one year	325,811
Due in more than one year		14,241,944 
Total liabilities	 	14,940,231  

NET POSITION
Net investment in capital assets	7,032,233
Restricted for debt service	720,006
Unrestricted		380,756 
Total net position	 $	8,132,995 

See notes to the financial statements
CYPRESS PARK ESTATES COMMUNITY DEVELOPMENT DISTRICT CITY OF HAINES CITY, FLORIDA
STATEMENT OF ACTIVITIES
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2025

Charges for

Program Revenues Operating Grants and

Capital Grants and
Net (Expense) Revenue and Changes in Net Position

Governmental
Functions/Programs		Expenses	Services	Contributions	Contributions	Activities	 Primary government:
Governmental activities:
General government
$	149,735	$
149,735	$
-	$	-	$	-

Maintenance and operations	277,294	621,500	-	91,969	436,175	
Parks and recreation	181,200	-	-	-	(181,200)	
Interest on long-term debt		656,090	958,627	41,757	-	344,294 
Total governmental activities		1,264,319	1,729,862	41,757	91,969	599,269 

General revenues:
Miscellaneous income	7,560	
Investment earnings		11,591 	
Total general revenues		19,151 	
Change in net position	618,420	
Net position - beginning		7,514,575 	
Net position - ending	 $  8,132,995 	

See notes to the financial statements
BALANCE SHEET GOVERNMENTAL FUNDS SEPTEMBER 30, 2025

	Major Funds		Total

ASSETS
Debt
General	Service
Capital Projects
Governmental Funds

Cash and cash equivalents	$	247,560	$	-	$	210,525	$	458,085	
Investments	-	983,483	311	983,794	
Due from other funds	-	180	-	180	
Assessments receivable	2,065	2,567	-	4,632	
Prepaid items	27,038	-	-	27,038	
Total assets	 $	276,663	$	986,230	$	210,836	$	1,473,729 

LIABILITIES AND FUND BALANCES
Liabilities:
Accounts payable	$	53,416	$	-	$	52,796	$	106,212	
Contracts and retainage payable	-	-	40	40	
Due to other funds	180	-	-	180	
Total liabilities	53,596	-	52,836	106,432	

Fund balances:
Nonspendable:
Prepaid items	27,038	-	-	27,038	
Restricted for:					
Debt service	-	986,230	-	986,230	
Capital projects	-	-	311	311	
Assigned to:					
Capital reserves	-	-	157,689	157,689	
Unassigned	196,029	-	-	196,029	
Total fund balances	223,067	986,230	158,000	1,367,297	

Total liabilities and fund balances	
$	276,663	
$	986,230	
$	210,836	
$	1,473,729	

See notes to the financial statements
RECONCILIATION OF THE BALANCE SHEET - GOVERNMENTAL FUNDS TO THE STATEMENT OF NET POSITION
SEPTEMBER 30, 2025

Fund balance - governmental funds	$ 1,367,297 Amounts reported for governmental activities in the statement of
net position are different because:
Capital assets used in governmental activities are not financial resources and, therefore, are not reported as assets in the governmental funds. The statement of net position includes those capital assets, net of any accumulated depreciation, in the net position of the government as a whole.
Cost of capital assets	21,678,899
Accumulated depreciation	   (79,222)   21,599,677 
Liabilities not due and payable from current available resources are not reported as liabilities in the governmental fund statements. All liabilities, both current and long-term, are reported in the government-wide financial statements.
Accrued interest payable	(266,224)	
Bonds payable	(14,516,321)	
Note payable		(51,434)	(14,833,979) 	
Net position of governmental activities	$	8,132,995	

See notes to the financial statements
STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES GOVERNMENTAL FUNDS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2025

		Major Funds			Total						
				Debt		Capital	Governmental		
		General		Service		Projects		Funds	
REVENUES
Assessments	
$	
771,235	
$	
958,627	
$	
-	
$	
1,729,862	
HOA contributions		-		-		90,000		90,000	
Miscellaneous income		7,560		-		-		7,560	
Interest Income		11,591		41,757		1,969		55,317	
Total revenues		790,386		1,000,384		91,969		1,882,739	

EXPENDITURES
Current:
General government		

142,621		

-		

7,114		

149,735	
Maintenance and operations		277,294		-		-		277,294	
Parks and recreation Debt service:
Principal		158,003

47,534		-

295,000		-

-		158,003

342,534	
Interest		8,670		648,950		-		657,620	
Capital outlay		-		-		52,954		52,954	
Total expenditures		634,122		943,950		60,068		1,638,140	

Excess (deficiency) of revenues over (under) expenditures		

156,264		

56,434		

31,901		

244,599	
OTHER FINANCING SOURCES (USES)
Transfers in (out)		
(118,571)		
-		
118,571		
-	
Total other financing sources (uses)		(118,571)		-		118,571		-	

Net change in fund balances		
37,693		
56,434		
150,472		
244,599	
Fund balances - beginning		185,374		929,796		7,528		1,122,698	

Fund balances - ending	
$	
223,067	
$	
986,230	
$	
158,000	
$	
1,367,297	

See notes to the financial statements
RECONCILIATION OF THE STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES OF GOVERNMENTAL FUNDS TO THE STATEMENT OF ACTIVITIES
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2025

Net change in fund balances - total governmental funds	$	244,599	
Amounts reported for governmental activities in the statement of activities are different because:		
Governmental funds report capital outlays as expenditures; however, the cost of those assets is eliminated in the statement of activities and capitalized in the statement of net position.	

52,954	
Depreciation on capital assets is not recognized in the governmental fund statement but is reported as an expense in the statement of activities.	

(23,197)	
Repayment of long-term liabilities are reported as expenditures in the governmental fund statements, but such repayments reduce liabilities in the statement of net position and are eliminated in the statement of activities.	

342,534	
Amortization of Bond discounts/premiums is not recognized in the governmental fund financial statements, but is reported as an expense		
in the statement of activities.	(2,642)	
The change in accrued interest on long-term liabilities between the current and prior fiscal year is recorded in the statement of activities but not in the governmental fund financial statements.	

	4,172 	
Change in net position of governmental activities	$	618,420	

See notes to the financial statements
NOTES TO FINANCIAL STATEMENTS

NOTE 1 - NATURE OF ORGANIZATION AND REPORTING ENTITY

Cypress Park Estates Community Development District (the "District") was established by the City Commission of City of Haines City’s approval of Ordinance No. 19-1664 effective on December 5, 2019 pursuant to the Uniform Community Development District Act of 1980, otherwise known as Chapter 190, Florida Statutes. The Act provides among other things, the power to manage basic services for community development, power to borrow money and issue bonds, and to levy and assess non-ad valorem assessments for the financing and delivery of capital infrastructure.

The District was established for the purposes of financing and managing the acquisition, construction, maintenance and operation of a portion of the infrastructure necessary for community development within the District.

The District is governed by the Board of Supervisors ("Board"), which is composed of five members. The Supervisors are elected on an at large basis by the owners of the property within the District. The Board exercises all powers granted to the District pursuant to Chapter 190, Florida Statutes. As of September 30, 2025, two Board members are affiliated with KRPC East Johnson, LLC. Two residents were elected to the Board at the November 19, 2024, landowner election, and a Park Square representative was appointed to the Board at the June 24, 2025, meeting.

The Board has the responsibility for:
Allocating and levying assessments.
Approving budgets.
Exercising control over facilities and properties.
Controlling the use of funds generated by the District.
Approving the hiring and firing of key personnel.
Financing improvements.
The financial statements were prepared in accordance with Governmental Accounting Standards Board (“GASB”) Statements. Under the provisions of those standards, the financial reporting entity consists of the primary government, organizations for which the District is considered to be financially accountable and other organizations for which the nature and significance of their relationship with the District are such that, if excluded, the financial statements of the District would be considered incomplete or misleading. There are no entities considered to be component units of the District; therefore, the financial statements include only the operations of the District.

NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Government-Wide and Fund Financial Statements
The basic financial statements include both government-wide and fund financial statements.
The government-wide financial statements (i.e., the statement of net position and the statement of activities) report information on all of the non-fiduciary activities of the primary government. For the most part, the effect of interfund activity has been removed from these statements.
The statement of activities demonstrates the degree to which the direct expenses of a given function or segment is offset by program revenues. Direct expenses are those that are clearly identifiable with a specific function or segment. Program revenues include: 1) charges to customers who purchase, use, or directly benefit from goods, services, or privileges provided by a given function or segment; operating-type special assessments for maintenance and debt service are treated as charges for services and 2) grants and contributions that are restricted to meeting the operational or capital requirements of a particular function or segment. Other items not included among program revenues are reported instead as general revenues.

Measurement Focus, Basis of Accounting and Financial Statement Presentation
The government-wide financial statements are reported using the economic resources measurement focus and the accrual basis of accounting. Revenues are recorded when earned and expenses are recorded when a liability is incurred, regardless of the timing of related cash flows. Assessments are recognized as revenues in the year for which they are levied. Grants and similar items are to be recognized as revenue as soon as all eligibility requirements imposed by the provider have been met.

Governmental fund financial statements are reported using the current financial resources measurement focus and the modified accrual basis of accounting. Revenues are recognized as soon as they are both measurable and available. Revenues are considered to be available when they are collectible within the current period or soon enough thereafter to pay liabilities of the current period. For this purpose, the government considers revenues to be available if they are collected within 60 days of the end of the current fiscal period. Expenditures are recorded when a liability is incurred, as under accrual accounting. However, debt service expenditures are recorded only when payment is due.
Assessments
Assessments are non-ad valorem assessments on benefited property within the District. Operating and maintenance assessments are based upon the adopted budget and levied annually. Debt service assessments are levied when Bonds are issued and assessed and collected on an annual basis. The District may collect assessments directly or utilize the uniform method of collection under Florida Statutes. Direct collected assessments are due as determined by annual assessment resolution adopted by the Board of Supervisors. Assessments collected under the uniform method are mailed by the County Tax Collector on November 1 and due on or before March 31 of each year. Property owners may prepay a portion or all of the debt service assessments on their property subject to various provisions in the Bond documents.
Assessments and interest associated with the current fiscal period are considered to be susceptible to accrual and so have been recognized as revenues of the current fiscal period. The portion of assessments receivable due within the current fiscal period is considered to be susceptible to accrual as revenue of the current period.

The District reports the following major governmental funds:

General Fund
The general fund is the general operating fund of the District. It is used to account for all financial resources except those required to be accounted for in another fund.
Debt Service Fund
The debt service fund is used to account for the accumulation of resources for the annual payment of principal and interest on long-term debt.

Capital Projects Fund
This fund accounts for the financial resources to be used for the acquisition or construction of major infrastructure within the District.

As a general rule, the effect of interfund activity has been eliminated from the government-wide financial statements.
When both restricted and unrestricted resources are available for use, it is the government’s policy to use restricted resources first for qualifying expenditures, then unrestricted resources as they are needed.

Assets, Liabilities and Net Position or Equity
Restricted Assets
These assets represent cash and investments set aside pursuant to Bond covenants or other contractual restrictions.

Deposits and Investments
The District’s cash and cash equivalents are considered to be cash on hand and demand deposits (interest and non-interest bearing).
The District has elected to proceed under the Alternative Investment Guidelines as set forth in Section
218.415 (17) Florida Statutes. The District may invest any surplus public funds in the following:
The Local Government Surplus Trust Funds, or any intergovernmental investment pool authorized pursuant to the Florida Interlocal Cooperation Act;
Securities and Exchange Commission registered money market funds with the highest credit quality rating from a nationally recognized rating agency;
Interest bearing time deposits or savings accounts in qualified public depositories;
Direct obligations of the U.S. Treasury.
Securities listed in paragraph c and d shall be invested to provide sufficient liquidity to pay obligations as they come due.

The District records all interest revenue related to investment activities in the respective funds. Investments are measured at amortized cost or reported at fair value as required by generally accepted accounting principles.
Prepaid Items
Certain payments to vendors reflect costs applicable to future accounting periods and are recorded as prepaid items in both government-wide and fund financial statements.
Capital Assets
Capital assets which include property, plant and equipment, and infrastructure assets (e.g., roads, sidewalks and similar items) are reported in the government activities columns in the government-wide financial statements. Capital assets are defined by the government as assets with an initial, individual cost of more than $5,000 and an estimated useful life in excess of two years. Such assets are recorded at historical cost or estimated historical cost if purchased or constructed. Donated capital assets are recorded at acquisition value at the date of donation.

The costs of normal maintenance and repairs that do not add to the value of the asset or materially extend assets lives are not capitalized. Major outlays for capital assets and improvements are capitalized as projects are constructed.
Property, plant and equipment of the District are depreciated using the straight-line method over the following estimated useful lives:

Assets	Years	
Playground equipment - financed purchase	7	
Recreational facilities	30	
Capital Assets (Continued)
In the governmental fund financial statements, amounts incurred for the acquisition of capital assets are reported as fund expenditures. Depreciation expense is not reported in the governmental fund financial statements.

Unearned Revenue
Governmental funds report unearned revenue in connection with resources that have been received, but not yet earned.

Long-Term Obligations
In the government-wide financial statements long-term debt and other long-term obligations are reported as liabilities in the statement of net position. Bond premiums and discounts are deferred and amortized over the life of the Bonds. Bonds payable are reported net of applicable premiums or discounts. Bond issuance costs are expensed when incurred.
In the fund financial statements, governmental fund types recognize premiums and discounts, as well as issuance costs, during the current period. The face amount of debt issued is reported as other financing sources. Premiums received on debt issuances are reported as other financing sources while discounts on debt issuances are reported as other financing uses. Issuance costs, whether or not withheld from the actual debt proceeds received, are reported as debt service expenditures.

Deferred Outflows/Inflows of Resources
In addition to assets, the statement of financial position will sometimes report a separate section for deferred outflows of resources. This separate financial statement element, deferred outflows of resources, represents a consumption of net position that applies to a future period(s) and so will not be recognized as an outflow of resources (expense/expenditure) until then.
In addition to liabilities, the statement of financial position will sometimes report a separate section for deferred inflows of resources. This separate financial statement element, deferred inflows of resources, represents an acquisition of net position that applies to a future period(s) and so will not be recognized as an inflow of resources (revenue) until that time.
Fund Equity/Net Position
In the fund financial statements, governmental funds report non spendable and restricted fund balance for amounts that are not available for appropriation or are legally restricted by outside parties for use for a specific purpose. Assignments of fund balance represent tentative management plans that are subject to change.
The District can establish limitations on the use of fund balance as follows:
Committed fund balance – Amounts that can be used only for the specific purposes determined by a formal action (resolution) of the Board of Supervisors. Commitments may be changed or lifted only by the Board of Supervisors taking the same formal action (resolution) that imposed the constraint originally. Resources accumulated pursuant to stabilization arrangements sometimes are reported in this category.
Assigned fund balance – Includes spendable fund balance amounts established by the Board of Supervisors that are intended to be used for specific purposes that are neither considered restricted nor committed. The Board may also assign fund balance as it does when appropriating fund balance to cover differences in estimated revenue and appropriations in the subsequent year’s appropriated budget. Assignments are generally temporary and normally the same formal action need not be taken to remove the assignment.
Fund Equity/Net Position (Continued)
The District first uses committed fund balance, followed by assigned fund balance and then unassigned fund balance when expenditures are incurred for purposes for which amounts in any of the unrestricted fund balance classifications could be used.

Net position is the difference between assets and deferred outflows of resources less liabilities and deferred inflows of resources. Net position in the government-wide financial statements are categorized as net investment in capital assets, restricted or unrestricted. Net investment in capital assets represents net position related to infrastructure and property, plant and equipment. Restricted net position represents the assets restricted by the District’s Bond covenants or other contractual restrictions. Unrestricted net position consists of the net position not meeting the definition of either of the other two components.
Other Disclosures
Use of Estimates
The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, and disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenditures during the reporting period. Actual results could differ from those estimates.

NOTE 3 - BUDGETARY INFORMATION

The District is required to establish a budgetary system and an approved Annual Budget. Annual Budgets are adopted on a basis consistent with generally accepted accounting principles for the general fund. All annual appropriations lapse at fiscal year-end.

The District follows these procedures in establishing the budgetary data reflected in the financial statements.
Each year the District Manager submits to the District Board a proposed operating budget for the fiscal year commencing the following October 1.
Public hearings are conducted to obtain comments.
Prior to October 1, the budget is legally adopted by the District Board.
All budget changes must be approved by the District Board.
The budgets are adopted on a basis consistent with generally accepted accounting principles.
Unused appropriations for annually budgeted funds lapse at the end of the year.

NOTE 4 – DEPOSITS AND INVESTMENTS

Deposits
The District’s cash balances were entirely covered by federal depository insurance or by a collateral pool pledged to the State Treasurer. Florida Statutes Chapter 280, "Florida Security for Public Deposits Act", requires all qualified depositories to deposit with the Treasurer or another banking institution eligible collateral equal to various percentages of the average daily balance for each month of all public deposits in excess of any applicable deposit insurance held. The percentage of eligible collateral (generally, U.S. Governmental and agency securities, state or local government debt, or corporate bonds) to public deposits is dependent upon the depository's financial history and its compliance with Chapter 280. In the event of a failure of a qualified public depository, the remaining public depositories would be responsible for covering any resulting losses.
The District’s investments were held as follows at September 30, 2025:

 Amortized Cost	Credit Risk	Maturities	
Weighted average of the fund
First American Government Obligation Fd Cl D First American Treasury Obligation Fd Cl Y
$	467,812	S&P AAAm

	515,982 	S&P AAAm
$	983,794
portfolio: 45 days
Weighted average of the fund portfolio: 46 days
Credit risk – For investments, credit risk is generally the risk that an issuer of an investment will not fulfill its obligation to the holder of the investment. This is measured by the assignment of a rating by a nationally recognized statistical rating organization. Investment ratings by investment type are included in the preceding summary of investments.

Concentration risk – The District places no limit on the amount the District may invest in any one issuer.
Interest rate risk – The District does not have a formal policy that limits investment maturities as a means of managing exposure to fair value losses arising from increasing interest rates.

However, the Bond Indenture limits the type of investments held using unspent proceeds.
Fair Value Measurement – When applicable, the District measures and records its investments using fair value measurement guidelines established in accordance with GASB Statements. The framework for measuring fair value provides a fair value hierarchy that prioritizes the inputs to valuation techniques.

These guidelines recognize a three-tiered fair value hierarchy, in order of highest priority, as follows:
Level 1: Investments whose values are based on unadjusted quoted prices for identical investments in active markets that the District has the ability to access;
Level 2: Investments whose inputs - other than quoted market prices - are observable either directly or indirectly; and,
Level 3: Investments whose inputs are unobservable.
The fair value measurement level within the fair value hierarchy is based on the lowest level of any input that is significant to the entire fair value measurement. Valuation techniques used should maximize the use of observable inputs and minimize the use of unobservable inputs.

Money market investments that have a maturity at the time of purchase of one year or less and are held by governments other than external investment pools should be measured at amortized cost. Accordingly, the District’s investments have been reported at amortized cost above.
NOTE 5 – INTERFUND TRANSFERS

Interfund transfers for the fiscal year ended September 30, 2025, were as follows:
 Fund	Transfer in	Transfer out	
General	$	-	$	118,571	
Capital projects		118,571	-		
Total	 $	118,571	$	118,571 	

Transfers are used to move revenues from the fund where collection occurs to the fund where funds have been reallocated for use. In the case of the District, transfers from the general fund to the capital projects fund were made to fund capital reserves.

Capital asset activity for the fiscal year ended September 30, 2025, was as follows:
Beginning

Ending

Governmental activities
Balance
Additions	Reductions
Balance

Capital assets, not being depreciated
Infrastructure under construction	
$	21,475,886	
$	158	
$	-	$	21,476,044		
Total capital assets, not being depreciated	21,475,886	158	-	21,476,044	

Capital assets, being depreciated Playground equipment - financed purchase	

150,059	

-	

-	

150,059	
Recreational facilities	-	52,796	-	52,796	
Total capital assets, being depreciated	150,059	52,796	-	202,855	

Less accumulated depreciation for: Playground equipment - financed purchase	

56,025	

21,437	

-	

77,462	
Recreational facilities	-	1,760	-	1,760	
Total accumulated depreciation	56,025	23,197	-	79,222		

Total capital assets being depreciated	
94,034	
29,599	
-	123,633		

Governmental activities capital assets, net	
$	21,569,920	
$	29,757	
$	-	$	21,599,677		
The infrastructure intended to serve the District has been estimated at a total cost of approximately
$22,500,000.	The infrastructure will include public roadway improvements, stormwater management facilities, master sanitary sewer lift station and utilities, entry feature, landscaping and signage, and parks and recreational facilities. A portion of the project costs was expected to be financed with the proceeds from the issuance of Bonds with the remainder to be funded by the Developer and conveyed to the District. Upon completion, certain improvements are to be conveyed to others for ownership and maintenance responsibilities.
Depreciation expense was charged to the parks and recreation function.

NOTE 7 – LONG-TERM LIABILITIES

Series 2020
On November 12, 2020, the District issued $8,955,000 of Special Assessment Bonds, Series 2020 Assessment Area 1 consisting of $7,770,000 Term Bonds due on May 1, 2051, and Series 2020 Assessment Area 2 consisting of $1,185,000 due on May 1, 2051 with fixed interest rates ranging from 2.625% to 4.125%. The Bonds were issued to finance the acquisition and construction of certain improvements for the benefit of the District. Interest is to be paid semiannually on each May 1 and November 1. Principal on the Bonds is to be paid serially commencing May 1, 2022, through May 1, 2051.

The Series 2020 Bonds are subject to redemption prior to maturity as outlined in the Bond Indenture. The Bonds are also subject to mandatory sinking fund redemption prior to their selected maturity in the manner outlined in the Bond Indenture.

The Bond Indenture established a debt service reserve requirement as well as other restrictions and requirements relating principally to the use of proceeds to pay for the infrastructure improvements and the procedures to be followed by the District on assessments to property owners. The District agrees to levy special assessments in annual amounts adequate to provide payment of debt service and to meet the reserve requirements. Upon satisfaction of certain conditions, a portion of the original reserve requirements will be transferred to the acquisition and construction trust account to pay for project costs in accordance with the bond indenture; this occurred during a prior fiscal year as the District has met the first reserve release condition, which reduced the reserve requirement to 50% of the original amount. The District was in compliance with the requirements at September 30, 2025.

Series 2022
On June 1, 2022, the District issued $7,865,000 of Special Assessment Bonds, Series 2022 consisting of
$655,000 Term Bond due May 1, 2027, $820,000 Term Bond due May 1, 2032, $2,405,000 Term Bond due May 1, 2042, and $3,985,000 Term Bond due May 1, 2052, with fixed interest rates ranging from 4.375% to 5.125%. The Bonds were issued to finance the acquisition and construction of certain improvements for the benefit of the District. Interest is to be paid semiannually on each May 1 and November 1. Principal on the Bonds is to be paid serially commencing May 1, 2023, through May 1, 2052.

The Series 2022 Bonds are subject to redemption prior to maturity as outlined in the Bond Indenture. The Bonds are also subject to mandatory sinking fund redemption prior to their selected maturity in the manner outlined in the Bond Indenture.

The Bond Indenture established a debt service reserve requirement as well as other restrictions and requirements relating principally to the use of proceeds to pay for the infrastructure improvements and the procedures to be followed by the District on assessments to property owners. The District agrees to levy special assessments in annual amounts adequate to provide payment of debt service and to meet the reserve requirements. Upon satisfaction of certain conditions, a portion of the original reserve requirements will be transferred to the acquisition and construction trust account to pay for project costs in accordance with the bond indenture; this occurred during a prior fiscal year as the District has met the first reserve release condition, which reduced the reserve requirement to 50% of the original amount. The District was in compliance with the requirements at September 30, 2025.

Financed Purchase Agreement
In May 2022 the District entered into an agreement for the acquisition of playground equipment. The total acquisition cost of the property was $49,910, which was recognized as a financed purchase note payable. The term of the agreement is from May 30, 2022, to April 30, 2027, and is payable in monthly installments ranging from $662 to $1,046. In September 2025, the District made a final payoff to the note resulting in the note being paid in full as of September 30, 2025.

In August 2022 the District entered into an agreement for the acquisition of playground equipment. The total acquisition cost of the property was $42,150, which was recognized as a financed purchase note payable. The term of the agreement is from August 12, 2022, to July 12, 2027, and is payable in monthly installments ranging from $524 to $835.

In July 2023 the District entered into an agreement for the acquisition of playground equipment. The total acquisition cost of the property was $57,999, which was recognized as a financed purchase note payable. The term of the agreement is from July 1, 2023, to June 1, 2028, and is payable in monthly installments of approximately $1,182.

Long-term Debt Activity
Changes in long-term liability activity for the fiscal year ended September 30, 2025, were as follows:

	Beginning
Balance	
Additions	
Reductions	Ending
Balance	Due Within
One Year	
Governmental activities						
Bonds Payable:						
Series 2020	$	8,435,000	$	-	$	185,000	$	8,250,000	$	190,000	
Less: Original issue discount	(71,321)	-	(2,642)	(68,679)	-	
Series 2022	6,445,000	-	110,000	6,335,000	115,000	
Note payable - financed purchase	98,968	-	47,534	51,434	20,811	
Total	$	14,907,647	$	-	$	339,892	$	14,567,755	$	325,811	

Long-term Debt Activity (Continued)
At September 30, 2025, the future payments on the notes payable were as follows:

Fiscal year	Amount	
2026	$	24,475	
2027	22,755	
2028	9,949	
Total payments	57,179	
Less: amounts representing interest		(5,745)	
Note payable - financed purchase	 $	51,434 	

At September 30, 2025, the scheduled debt service requirements on the Bonds payable were as follows:

Year ending

	Governmental Activities	
  September 30:	Principal	Interest	Total	
2026	$	305,000	$	638,938	$	943,938	
2027	315,000	627,542	942,542	
2028	325,000	615,768	940,768	
2029	350,000	603,144	953,144	
2030	360,000	589,518	949,518	
2031-2035	2,030,000	2,712,270	4,742,270	
2036-2040	2,510,000	2,232,926	4,742,926	
2041-2045	3,145,000	1,629,328	4,774,328	
2046-2050	3,930,000	856,318	4,786,318	
2051-2052	1,315,000	83,432	1,398,432	
Total	$	14,585,000	$	10,589,184	$	25,174,184	

NOTE 8 – HOA TRANSACTIONS

The District received a contribution of $90,000 from the Cypress Park Estates Homeowners Association during the current fiscal year in order to share costs related to amenity center improvements.

NOTE 9 – MANAGEMENT COMPANY
The District has contracted with a management company to perform services which include financial and accounting advisory services. Certain employees of the management company also serve as officers of the District. Under the agreement, the District compensates the management company for management, accounting, financial reporting, computer and other administrative costs.

NOTE 10 – RISK MANAGEMENT

The District is exposed to various risks of loss related to torts; theft of, damage to, and destruction of assets; errors and omissions; and natural disasters. The District has obtained commercial insurance from independent third parties to mitigate the costs of these risks; coverage may not extend to all situations. There were no settled claims since inception of the District.

NOTE 11 – SUBSEQUENT EVENTS

Subsequent to the fiscal year end, the District paid off the 2023 Note payable for playground equipment, contract # 41109553, totaling $35,447.
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE - BUDGET AND ACTUAL – GENERAL FUND FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2025

	
Budgeted
	Amounts	 Original & Final	

Actual Amounts	Variance with Final Budget - Positive
(Negative)	

REVENUES
Assessments	

$	762,566	

$	771,235	

$	8,669	
Miscellaneous	-	7,560	7,560	
Interest Income	-	11,591	11,591	
Total revenues	762,566	790,386	27,820	

EXPENDITURES
Current:
General government	139,677	142,621	(2,944)	
Maintenance and operations	355,946	277,294	78,652	
Parks and recreation	191,943	158,003	33,940	
Debt service:
Principal	
-	
47,534	
(47,534)	
Interest	-	8,670	(8,670)	
Total expenditures	687,566	634,122	53,444	

Excess (deficiency) of revenues over (under) expenditures	

75,000	

156,264	

81,264	

OTHER FINANCING SOURCES (USES)
Transfers out	

(75,000)	

(118,571)	

(43,571)	
Total other financing sources (uses)	(75,000)	(118,571)	(43,571)	

Net change in fund balances
 $	-	
37,693
 $	37,693 

Fund balance - beginning		185,374 

Fund balance - ending	 $	223,067 

See notes to required supplementary information
NOTES TO REQUIRED SUPPLEMENTARY INFORMATION

The District is required to establish a budgetary system and an approved Annual Budget for the general fund. The District’s budgeting process is based on estimates of cash receipts and cash expenditures which are approved by the Board. The budget approximates a basis consistent with accounting principles generally accepted in the United States of America (generally accepted accounting principles).

The legal level of budgetary control, the level at which expenditures may not exceed budget, is in the aggregate. Any budget amendments that increase the aggregate budgeted appropriations must be approved by the Board of Supervisors. Actual general fund expenditures did not exceed appropriations for the fiscal year ended September 30, 2025.
OTHER INFORMATION – DATA ELEMENTS REQUIRED BY FLORIDA STATUTE 218.39(3)(C)
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2025 UNAUDITED

Element	Comments
Number of District employees compensated in the last pay period of the District’s fiscal year being reported.	
0	
Number of independent contractors compensated to whom nonemployee compensation was paid in the last month of the District’s fiscal year being reported.	
10	
Employee compensation	$0	
Independent contractor compensation	$514,504	
Construction projects to begin on or after October 1; (>$65K)	Not applicable	

Budget variance report	See the Schedule of Revenues, Expenditures and
Changes in Fund Balance - Budget and Actual - General Fund	
Ad Valorem taxes;	Not applicable	
		
Non ad valorem special assessments;		
Special assessment rate	Operations and maintenance - $1,166
Debt service - $430 - $1,667	
Special assessments collected	$1,729,862	
Outstanding Bonds:		
Series 2020-A1&A-2, due May 1, 2051	$8,250,000	
Series 2022, due May 1, 2052	$6,335,000	
INDEPENDENT AUDITOR’S REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING AND ON COMPLIANCE AND OTHER MATTERS BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS

To the Board of Supervisors
Cypress Park Estates Community Development District City of Haines City, Florida

We have audited, in accordance with the auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards issued by the Comptroller General of the United States, the financial statements of the governmental activities and each major fund of Cypress Park Estates Community Development District, City of Haines City, Florida (“District”) as of and for the fiscal year ended September 30, 2025, and the related notes to the financial statements, which collectively comprise the District’s basic financial statements, and have issued our opinion thereon dated Xxxx, 2026.
Report on Internal Control Over Financial Reporting
In planning and performing our audit of the financial statements, we considered the District’s internal control over financial reporting (internal control) to determine the audit procedures that are appropriate in the circumstances for the purpose of expressing our opinions on the financial statements, but not for the purpose of expressing an opinion on the effectiveness of the District’s internal control. Accordingly, we do not express an opinion on the effectiveness of the District’s internal control.
A deficiency in internal control exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent, or detect and correct misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control, such that there is a reasonable possibility that a material misstatement of the entity’s financial statements will not be prevented, or detected and corrected on a timely basis. A significant deficiency is a deficiency, or a combination of deficiencies, in internal control that is less severe than a material weakness, yet important enough to merit attention by those charged with governance.
Our consideration of internal control was for the limited purpose described in the first paragraph of this section and was not designed to identify all deficiencies in internal control that might be material weaknesses or, significant deficiencies. Given these limitations, during our audit we did not identify any deficiencies in internal control that we consider to be material weaknesses. However, material weaknesses or significant deficiencies may exist that were not identified.
Report on Compliance and Other Matters
As part of obtaining reasonable assurance about whether the District’s financial statements are free from material misstatement, we performed tests of its compliance with certain provisions of laws, regulations, contracts, and agreements, noncompliance with which could have a direct and material effect on the determination of financial statement amounts. However, providing an opinion on compliance with those provisions was not an objective of our audit, and accordingly, we do not express such an opinion. The results of our tests disclosed no instances of noncompliance or other matters that are required to be reported under Government Auditing Standards.
Purpose of this Report
The purpose of this report is solely to describe the scope of our testing of internal control and compliance and the results of that testing, and not to provide an opinion on the effectiveness of the entity’s internal control or on compliance. This report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the entity’s internal control and compliance. Accordingly, this communication is not suitable for any other purpose.

Xxxx, 2026
INDEPENDENT AUDITOR’S REPORT ON COMPLIANCE WITH THE REQUIREMENTS OF SECTION 218.415, FLORIDA STATUTES, REQUIRED BY RULE 10.556(10) OF THE AUDITOR GENERAL OF THE STATE OF FLORIDA

To the Board of Supervisors
Cypress Park Estates Community Development District City of Haines City, Florida

We have examined Cypress Park Estates Community Development District, City of Haines City, Florida’s (“District”) compliance with the requirements of Section 218.415, Florida Statutes, in accordance with Rule 10.556(10) of the Auditor General of the State of Florida during the fiscal year ended September 30, 2025. Management is responsible for District’s compliance with those requirements. Our responsibility is to express an opinion on District’s compliance based on our examination.

Our examination was conducted in accordance with attestation standards established by the American Institute of Certified Public Accountants. Those standards require that we plan and perform the examination to obtain reasonable assurance about whether the District complied, in all material respects, with the specified requirements referenced in Section 218.415, Florida Statutes. An examination involves performing procedures to obtain evidence about whether the District complied with the specified requirements. The nature, timing, and extent of the procedures selected depend on our judgment, including an assessment of the risks of material noncompliance, whether due to fraud or error. We believe that the evidence we obtained is sufficient and appropriate to provide a reasonable basis for our opinion. Our examination does not provide a legal determination on the District’s compliance with specified requirements.

We are required to be independent and to meet our other ethical responsibilities in accordance with relevant ethical requirements relating to the examination engagement.
In our opinion, the District complied, in all material respects, with the aforementioned requirements for the fiscal year ended September 30, 2025.

This report is intended solely for the information and use of the Legislative Auditing Committee, members of the Florida Senate and the Florida House of Representatives, the Florida Auditor General, management, and the Supervisors of Cypress Park Estates Community Development District, City of Haines City, Florida and is not intended to be and should not be used by anyone other than these specified parties.

Xxxx, 2026
MANAGEMENT LETTER PURSUANT TO THE RULES OF THE AUDITOR GENERAL FOR THE STATE OF FLORIDA

To the Board of Supervisors
Cypress Park Estates Community Development District City of Haines City, Florida

Report on the Financial Statements

We have audited the accompanying basic financial statements of Cypress Park Estates Community Development District, City of Haines City, Florida ("District") as of and for the fiscal year ended September 30, 2025, and have issued our report thereon dated Xxxx, 2026.
Auditor’s Responsibility
We conducted our audit in accordance with auditing standards generally accepted in the United States of America; the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States; and Chapter 10.550, Rules of the Florida Auditor General.

Other Reporting Requirements
We have issued our Independent Auditor’s Report on Internal Control over Financial Reporting and on Compliance and Other Matters Based on an Audit of the Financial Statements Performed in Accordance with Government Auditing Standards; and Independent Auditor’s Report on an examination conducted in accordance with AICPA Professional Standards, AT-C Section 315, regarding compliance requirements in accordance with Chapter 10.550, Rules of the Auditor General. Disclosures in those reports, which are dated Xxxx, 2026, should be considered in conjunction with this management letter.

Purpose of this Letter

The purpose of this letter is to comment on those matters required by Chapter 10.550 of the Rules of the Auditor General for the State of Florida. Accordingly, in connection with our audit of the financial statements of the District, as described in the first paragraph, we report the following:

Current year findings and recommendations.
Status of prior year findings and recommendations.
Compliance with the Provisions of the Auditor General of the State of Florida.
Our management letter is intended solely for the information and use of the Legislative Auditing Committee, members of the Florida Senate and the Florida House of Representatives, the Florida Auditor General, Federal and other granting agencies, as applicable, management, and the Board of Supervisors of Cypress Park Estates Community Development District, City of Haines City, Florida and is not intended to be and should not be used by anyone other than these specified parties.

We wish to thank Cypress Park Estates Community Development District, City of Haines City, Florida and the personnel associated with it, for the opportunity to be of service to them in this endeavor as well as future engagements, and the courtesies extended to us.

Xxxx, 2026
REPORT TO MANAGEMENT

CURRENT YEAR FINDINGS AND RECOMMENDATIONS
None

PRIOR YEAR FINDINGS AND RECOMMENDATIONS

None

COMPLIANCE WITH THE PROVISIONS OF THE AUDITOR GENERAL OF THE STATE OF FLORIDA
Unless otherwise required to be reported in the auditor’s report on compliance and internal controls, the management letter shall include, but not be limited to the following:

A statement as to whether or not corrective actions have been taken to address findings and recommendations made in the preceding annual financial audit report.
There were no significant findings and recommendations made in the preceding annual financial audit report for fiscal year ended September 30, 2024.
Any recommendations to improve the local governmental entity's financial management.
There were no such matters discovered by, or that came to the attention of, the auditor, to be reported for the fiscal year ended September 30, 2025.
Noncompliance with provisions of contracts or grant agreements, or abuse, that have occurred, or are likely to have occurred, that have an effect on the financial statements that is less than material, but which warrants the attention of those charged with governance.
There were no such matters discovered by, or that came to the attention of, the auditor, to be reported, for the fiscal year ended September 30, 2025.
The name or official title and legal authority of the District are disclosed in the notes to the financial statements.
The District has not met one or more of the financial emergency conditions described in Section 218.503(1), Florida Statutes.
We applied financial condition assessment procedures and no deteriorating financial conditions were noted as of September 30, 2025. It is management’s responsibility to monitor financial condition, and our financial condition assessment was based in part on representations made by management and the review of financial information provided by same.

Management has provided the specific information required by Section 218.39(3)(c) in the Other Information section of the financial statements on page 24.

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TOWING SERVICES AGREEMENT

THIS AGREEMENT (“Agreement”) is made and entered into this 	day of April 2026, by and between:
Cypress Park Estates Community Development District, a local unit of special
purpose government established pursuant to Chapter 190, Florida Statutes, with a mailing address of c/o Governmental Management Services – Central Florida, LLC, 219 East Livingston Street, Orlando, Florida 32801 (the “District”); and

BOLTON’S TOWING SERVICES, INC., a Florida corporation, with a principal address of 2690 Avenue E, SW, Winter Haven, Florida 33880 (“Contractor”).
RECITALS

Whereas, the District is a local unit of special-purpose government established for the purpose of financing, acquiring, constructing, operating and/or maintaining public infrastructure improvements; and

WHEREAS, the District has adopted those certain Amended and Restated Rules Relating to Parking and Parking Enforcement, which includes a map of designated towing areas, a copy of which is attached hereto as Exhibit A, and as may be amended from time to time by the District Board of Supervisors (“Parking Rules”); and

WHEREAS, in accordance with Section 715.07, Florida Statutes, the District desires to engage an independent contractor to provide vehicle towing/removal services within the District in accordance with the Parking Rules (“Services”); and

Whereas, Contractor desires to provide such Services for the District in accordance with Section 715.07, Florida Statutes, and other Florida law; and
Whereas, Contractor and the District accordingly desire to enter into this Agreement to provide for the rights, duties and obligations of the parties relative to same.
Now, therefore, in consideration of the recitals, agreements, and mutual covenants contained herein, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged by the parties, the parties agree as follows:

SECTION 1.  RECITALS. The recitals so stated are true and correct and by this reference are incorporated into and form a material part of this Agreement.
SECTION 2. DESCRIPTION OF WORK AND SERVICES. The District hereby authorizes Contractor, its employees and agents, to perform drive-by inspections and vehicle-towing/removal Services from the District property identified in Exhibit A. Contractor is also authorized to perform such Services when requested to do so by the District’s designated representative, who shall be the District Manager (currently Jillian Burns of Government Management Services – Central Florida, LLC), or her designee (“District Representative”). All such Services shall be performed only at the times specified in the Parking Rules. Contractor shall also provide vehicle storage relative to any such vehicles towed from District property, all in accordance with the Parking Rules, Section 715.07, Florida Statutes, and any other applicable Florida law.
Upon execution of this Agreement, Contractor shall, at its own cost and expense, procure and install the necessary signage as required by Section 715.07, Florida Statutes, which signage shall be installed a minimum of twenty-four (24) hours prior to commencement of any towing/removal services by Contractor.
Upon towing/removal of a vehicle, such vehicle shall be stored by Contractor within a ten (10)-mile radius of the point of the removal and shall provide for public access to such storage facility as set forth in Section 715.07, Florida Statutes.

This Agreement grants to Contractor the right to enter the lands that are subject to this Agreement, for those purposes described in this Agreement, and Contractor hereby agrees to comply with all applicable laws, rules, ordinances and regulations affecting the provision of the Services. Any damage caused by Contractor shall diligently be repaired and shall be at Contractor’s sole cost and expense.

Section 3. Compensation. Contractor acknowledges and agrees that it is not receiving compensation from the District for the provision of the Services. Any compensation due and owing to Contractor relative to this Agreement shall be remitted by the owner(s) of the towed/removed vehicles.

Section 4.  Effective Date; Term. This Agreement shall become effective on the date first written above and shall remain in effect unless terminated with written notice to the other party.
Section 5.	Insurance.

Contractor shall, at its own expense, maintain insurance during the performance of the Services under this Agreement, with limits of liability not less than the following:
Workers’ Compensation Insurance in accordance with the laws of the State of Florida.

Commercial General Liability Insurance, including, but not limited to, bodily injury (including contractual), property damage (including contractual), products and completed operations, and personal injury with limits of not less than One Million Dollars and No Cents ($1,000,000.00) per occurrence, and not less than Two Million Dollars and No Cents ($2,000,000.00) aggregate covering all work performed under this Agreement, and covering at least the following hazards:

Independent Contractors Coverage for bodily injury and property damage in
connection with any subcontractor’s operation, if any.

Automobile Liability Insurance for bodily injuries in limits of not less than One Million Dollars and No Cents ($1,000,000.00) combined single limit bodily injury and for property damage, providing coverage for any accident arising out of or resulting from the operation, maintenance, or use by Contractor of any owned, non-owned, or hired automobiles, trailers, or other equipment required to be licensed.
The District and the District’s officers, directors, agents, and employees shall be named as additional insureds on all policies above, except for Workers’ Compensation Insurance coverage. Such insurance shall be considered primary and non-contributory with respect to the additional insureds, and all required insurance policies shall be endorsed to provide for a waiver of underwriter’s rights of subrogation in favor of the additional insureds. Contractor shall furnish the District with the Certificate of Insurance evidencing compliance with this
requirement. No certificate shall be acceptable to the District, unless it provides that any change or termination within the policy periods of the insurance coverages, as certified, shall not be effective within thirty (30) days of prior written notice to the District. Insurance coverage shall be from a reputable insurance carrier, licensed to conduct business in the State of Florida.
Section 6.	Care of Property; Sovereign Immunity.

Contractor shall use all due care to protect the property of the District, its residents and landowners from damage. Contractor shall be solely responsible for any damage to property, including vehicles, caused by the towing/removal and/or storage activities contemplated herein. Accordingly, Contractor, its employees, agents and subcontractors shall defend, hold harmless and indemnify the District and its supervisors, employees, officers, staff, representatives and agents against any claims, damages, liabilities, losses and costs, including, but not limited to, reasonable attorneys’ fees, to the extent caused by the acts or omissions of Contractor, and other persons employed or utilized by Contractor in the performance of this Agreement or the Services performed hereunder.

Obligations under this section shall include the payment of all settlements, judgments, damages, liquidated damages, penalties, forfeitures, back pay awards, court costs, arbitration and/or mediation costs, litigation expenses, attorney fees, paralegal fees and expert witness fees (incurred in court, out of court, on appeal, or in bankruptcy proceedings) as ordered.

Nothing in this Agreement shall be deemed as a waiver of the District’s sovereign immunity or the District’s limits of liability as set forth in Section 768.28, Florida Statutes or other law, and nothing in this Agreement shall inure to the benefit of any third party for the purpose of allowing any claim which would otherwise be barred under such limitations of liability or by operation of law.
Section 7.  Recovery of Costs and Fees. In the event the District is required to enforce this Agreement by court proceedings or otherwise, the District shall be entitled to recover from Contractor all fees and costs incurred, including reasonable attorneys’ fees, paralegal fees, expert witness fees and costs.
SECTION 8.  DEFAULT. A default by either party under this Agreement shall entitle the other party to all remedies available at law or in equity, which includes, but is not limited to, the rights of damages, injunctive relief, and specific performance.

Section 9. Amendment. Amendments to and waivers of the provisions contained in this Agreement may be made only by an instrument in writing which is executed by both of the parties hereto.

Section 10.  Assignment. Neither the District nor Contractor may assign their rights, duties or obligations under this Agreement without the prior written approval of the other. Any purported assignment without said written authorization shall be void.

SECTION 11. NOTICES. All notices, requests, consents, and other communications hereunder (each a “Notice”) shall be in writing and shall be delivered, mailed by First Class Mail, postage prepaid, or overnight delivery service, to the parties, as follows:
If to the District:	Cypress Park Estates Community Development District
c/o Governmental Management Services – Central Florida, LLC 219 East Livingston Street
Orlando, Florida 32801 Attn: District Manager
With a copy to:	Kilinski | Van Wyk PLLC
517 E. College Avenue Tallahassee, Florida 32301 Attn: District Counsel
If to Contractor:	Bolton’s Towing Services, Inc.
2690 Avenue E, SW
Winter Haven, Florida 33880 Attn: 	
Except as otherwise provided in this Agreement, any Notice shall be deemed received only upon actual delivery at the address set forth above. Notices delivered after 5:00 p.m. (at the place of delivery) or on a non-business day, shall be deemed received on the next business day. If any time for giving Notice contained in this Agreement would otherwise expire on a non-business day, the Notice period shall be extended to the next succeeding business day. Saturdays, Sundays, and legal holidays recognized by the United States government shall not be regarded as business days. Counsel for the District and counsel for Contractor may deliver Notice on behalf of the District and Contractor. Any party or other person to whom Notices are to be sent or copied may notify the other parties and addressees of any change in name or address to which Notices shall be sent by providing the same on five (5) days’ written notice to the parties and addressees set forth herein.
SECTION 12. PUBLIC RECORDS. Contractor understands and agrees that all documents of any kind provided to the District in connection with this Agreement may be public records, and, accordingly, Contractor agrees to comply with all applicable provisions of Florida law in handling such records, including but not limited to Section 119.0701, Florida Statutes. Contractor acknowledges that the designated public records custodian for the District is Governmental Management Services – Central Florida, LLC (“Public Records Custodian”). Among other requirements and to the extent applicable by law, Contractor shall 1) keep and maintain public records required by the District to perform the service;
2) upon request by the Public Records Custodian, provide the District with the requested public records or allow the records to be inspected or copied within a reasonable time period at a cost that does not exceed the cost provided in Chapter 119, Florida Statutes; 3) ensure that public records which are exempt or confidential, and exempt from public records disclosure requirements, are not disclosed except as authorized by law for the duration of the contract term and following the contract term if Contractor does not transfer the records to the Public Records Custodian of the District; and 4) upon completion of the contract, transfer to the District, at no cost, all public records in Contractor’s possession or, alternatively, keep, maintain and meet all applicable requirements for retaining public records pursuant to Florida laws. When such public records are transferred by Contractor, Contractor shall destroy any duplicate public records that are exempt or confidential and exempt from public records disclosure requirements. All records stored electronically must be provided to the District in a format that is compatible with Microsoft Word or Adobe PDF formats.
IF CONTRACTOR HAS QUESTIONS REGARDING THE APPLICATION OF CHAPTER 119, FLORIDA STATUTES, TO CONTRACTOR’S DUTY TO PROVIDE PUBLIC RECORDS RELATING TO THIS AGREEMENT, CONTACT THE CUSTODIAN OF PUBLIC RECORDS AT (407) 841-5524, RECORDREQUEST@GMSCFL.COM, OR 219 EAST LIVINGSTON STREET, ORLANDO, FLORIDA 32801.
Section 13. Controlling Law and Venue. This Agreement and the provisions contained herein shall be construed, interpreted, and controlled according to the laws of the State of Florida. The parties agree that venue for any action arising hereunder shall be in a court of appropriate jurisdiction in Polk County, Florida.

SECTION 14.  E-VERIFY. Contractor shall comply with and perform all applicable provisions of Section 448.095, Florida Statutes. Accordingly, as a condition precedent to entering into this Agreement, Contractor shall register with and use the United States Department of Homeland Security’s E-Verify system to verify the work authorization status of all newly hired employees. The District may terminate this Agreement immediately for cause if there is a good faith belief that Contractor has knowingly violated Section 448.09(1), Florida Statutes. If Contractor anticipates entering into agreements with a subcontractor for the Services, Contractor will not enter into the subcontractor agreement without first receiving an affidavit from the subcontractor regarding compliance with Section 448.095, Florida Statutes, and stating that the subcontractor does not employ, contract with, or subcontract with an unauthorized alien. Contractor shall maintain a copy of such affidavit for the duration of the agreement and provide a copy to the District upon request. In the event that the District has a good faith belief that a subcontractor has knowingly violated Section 448.095, Florida Statutes, but Contractor has otherwise complied with its obligations hereunder, the District shall promptly notify Contractor. Contractor agrees to immediately terminate the agreement with the subcontractor upon notice from the District. Further, absent such notification from the District, Contractor, or any subcontractor who has a good faith belief that a person or entity with which it is contracting has knowingly violated Section 448.09(1), Florida Statutes, shall promptly terminate its agreement with such person or entity. By entering into this Agreement, Contractor represents that no public employer has terminated a contract with Contractor under Section 448.095(5)(c), Florida Statutes, within the year immediately preceding the date of this Agreement.

Section 15. Foreign Influence. Contractor understands that under Section 286.101, Florida Statutes, that Contractor must disclose any current or prior interest, any contract with, or any grant or gift from a foreign country of concern as that term is defined within the above referenced statute.
Section 16.  Scrutinized Companies. In accordance with Section 287.135, Florida Statutes, Contractor represents that in entering into this Agreement, neither it nor any of its officers, directors, executives, partners, shareholders, members, or agents is on the Scrutinized Companies with Activities in Sudan List, the Scrutinized Companies with Activities in the Iran Terrorism Sectors List, or the Scrutinized Companies or Other Entities that Boycott Israel List created pursuant to Sections 215.4725 and 215.473, Florida Statutes, and in the event such status changes, Contractor shall immediately notify the District. If Contractor is found to have submitted a false statement, has been placed on the Scrutinized Companies with Activities in Sudan List, the Scrutinized Companies with Activities in the Iran Terrorism Sectors List, or has been engaged in business operations in Cuba or Syria, or is now or in the future on the Scrutinized Companies or Other Entities that Boycott Israel List, or engaged in a boycott of Israel, the District may immediately terminate this Agreement.
Section 17. Public Entity Crimes. Contractor represents that in entering into this Agreement, Contractor has not been placed on the convicted vendor list as described in Section 287.133(3)(a), Florida Statutes, within the last thirty-six (36) months and, if Contractor is placed on the convicted vendor list, Contractor shall immediately notify the District whereupon this Agreement may be terminated by the District.
Section 18.  Severability. The invalidity or unenforceability of any one or more provisions of this Agreement shall not affect the validity or enforceability of the remaining portions of this Agreement, or any part of this Agreement not held to be invalid or unenforceable.

Section 19. Independent Contractor. It is understood and agreed that at all times the relationship of Contractor and its employees, agents, subcontractors or anyone directly or indirectly employed by Contractor to the District is the relationship of an independent contractor and not that of an employee, agent, joint venturer or partner of the District. Nothing in this Agreement shall be interpreted or construed as creating or establishing the relationship of employer and employee between the District and Contractor or any of its employees, agents, subcontractors or anyone directly or indirectly employed by Contractor. The parties acknowledge that Contractor is not an employee for state or federal tax purposes. Contractor shall hire and pay all of Contractor’s employees, agents, subcontractors or anyone directly or indirectly employed by Contractor, all of whom shall be employees of Contractor and not employees of the District and at all times entirely under Contractor’s supervision, direction, and control. Contractor shall not have any authority to assume or create any obligation, express or implied, on behalf of the District, and Contractor shall have no authority to represent the District as an agent, employee, or in any other capacity, unless otherwise set forth in this Agreement.

Section 20.  No Third-Party Beneficiaries. This Agreement is solely for the benefit of the formal parties hereto and no right or cause of action shall accrue upon or by reason hereof, to or for the benefit of any third party not a formal party hereto. Nothing in this Agreement expressed or implied is intended or shall be construed to confer upon any person or corporation other than the parties hereto any right, remedy or claim under or by reason of this Agreement or any provisions or conditions hereof; and all of the provisions, representations, covenants and conditions herein contained shall inure to the sole benefit of and shall be binding upon the parties hereto and their respective representatives, successors and assigns.
Section 21. Headings for Convenience Only. The descriptive headings in this Agreement are for convenience only and shall not control nor affect the meaning or construction of any of the provisions of this Agreement.

Section 22. Anti-Human Trafficking Affidavit. Contractor certifies, by acceptance of this Agreement, that neither it nor its principals utilize coercion for labor or services as defined in Section 787.06, Florida Statutes. Contractor agrees to execute an affidavit in compliance with Section 787.06(14), Florida Statutes, and acknowledges that if Contractor refuses to sign said affidavit, the District may terminate this Agreement immediately.

Section 23. Entire Agreement. This instrument shall constitute the final and complete expression of the agreement between the parties relating to the subject matter of this Agreement.

[Signature page follows]
In witness whereof, the parties hereto have signed this Agreement to be effective on the day and year first written above.
CYPRESS PARK ESTATES COMMUNITY DEVELOPMENT DISTRICT

Chairperson, Board of Supervisors

BOLTON’S TOWING SERVICES, INC.

By:	  Print: 	 Its:	 

Exhibit A:	Parking Rules
Exhibit A
Parking Rules

[See following pages.]

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This item will be provided under separate cover

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RECIPIENT:
Marshall Tindall
675 Silver Palm Drive Haines City, Florida 33844
Phone: 4073462453					
Product/Service	Description	Qty.	Unit Price	Total	
Site Prep and Labor	**Site Preparation:** The standard installation	800	$6.95	$5,560.00*	
	includes removing and disposing of existing grass,				
	capping sprinklers if necessary, and light grading of				
	the dirt surface. The standard installation process				
	also involves cutting and seaming the turf, nailing or				
	stapling the turf according to installation				
	requirements, and brooming or brushing the turf				
	surface. Additionally, there is a 1-year labor				
	warranty.				
Geo-Textile Fabric	Installation of a nonwoven weed barrier made of a	800	$1.15	$920.00*	
	needle punch construction polypropylene geotextile.				
	Priced per square foot installed.				
Nailer Composite Board	Installation of 1" x 4" Composite Nailer Board around	960	$4.00	$3,840.00*	
	perimeter of area. Price is per LF installed.				
Sub-base	Installation of 3-4" of crushed aggregate	13	$100.00	$1,300.00*	
	limestone/concrete as base for drainage, compacted				
	and smoothed. Price is based upon cubic yards.				
	Sub-base is estimated. If found more material is				
	needed to complete installation it is charged at the				
	same rate per yard on the final invoice.				
White Field Turf	Total Product Weight 85 oz; Face Weight 61 oz;	1330	$3.78	$5,027.40	
	Backing 14 oz; Pile Height 1.75'; Color pure white.				
	6' feet border.				

* Non-taxable

Subtotal
Discount (10.0%)
Total

This quote is valid for the next 60 days, after which pricing may be subject to change.

Signature: 		Date: 	

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Pipe
Size	Hole
Size	"w"	"L"	"H"	"A"	"B"	"c"	"o"	"E"	"F"	., ., G	Qty Of Dissipators	Weight	
30" RCP
36" RCP	40"
48"	110"	60"	72"	64"	50"	48"	18"	13"
6"	14S"
8"	5"
6"	7
(2 Rows)	9,979 Lbs.	
42" RCP
48" RCP	54"
62"	146"	74"	87"	80"	70"	63"	..
27	16"
8"	16S"
8"	6"
7"	11
(2 Rows)	15,637 Lbs.	
54" RCP	70"	172"	88"	98"	89"	80"	74"	33"	6"	9"	8"	24
(3 Rows)	21,676 Lbs.	
60" RCP	76"													
Hole Size For All Other Pipe Types Will Be Pipe 0.0.+ 2"-4"

Dissipator
Blocks
	 A 	

---B---

6"Typ.	8"Typ.
12"Typ	3
O' ?
	 w 	
PLAN VIEW
w u..
0
:,:

'<_
\
I

--'

FRONT VIEW	SECTION A-A

ITEMS ARE SUBJECT TO CHANGE WITHOUT NOTICE.

200 S. F. Street					
Haines City, Florida 33844					
Phone 863-422-5207 | Fax 863-422-1816

Date: January 16, 2026			Polk County License # 214815		
SUBMITTED TO:		Job Name / Location:			
GMS
135 W. Central Blvd. Orlando, FL 32801 Attn: Marshall Tindall Phone: 786-238-9473
Email:	mtindall@gmscfl.com		Cypress Park Estates
351 Bottle Brush Dr. Haines City, FL 33844			
Proposal is to replace sod in retention ponds throughout property					
	Qty	Unit	Unit Cost	TOTAL	
Bahia' sod	50	PLT	$400.00	$20,000.00	

			Total:	$20,000.00	
*THIS PROJECT TO INCLUDE: WE WILL INSTALL SOD IN THE BARE AREAS OF ALL RETENTION PONDS. THIS WILL CORRECT ALL AREAS AFFECTED
BY REGRADING, DEFICIENCIES IN INITIAL SOD INSTALLATION, AND AREAS WHERE DRAINAGE HAS ERODED OR LOCALIZED WEAR HAS DETERIORATED THE TURF COVERAGE.	(*TO INCLUDE TRACT Z)					

The customer agrees, that by signing this proposal, it shall become a legal and binding contract and shall supersede any previous agreements, discussed or implied. The customer further agrees to all terms and conditions set forth within and shall be responsible for any/all court and/or attorney fees incurred by Prince and Sons, Inc.required to obtain collection for any portion of money
owed for material and/or work performed by Prince and Sons Inc.

Submitted by: Jason Rusticus	Accepted by:	
Date Submitted: January 16, 2026	Date Accepted: 						

Area 1- 3 Pallets
Area 2- 3 pallets

Area 3- 2 Pallets

Area 4-3 Pallets
Area 5- 3 Pallets
Area 6- 4 Pallets
Area 7- 2 Pallets

Area 8- 2 Pallets

Area 9- 2 Pallets
Area 10- 3 Pallets

Area 11- 11 Pallets
Area 12- 10 Pallet

Area 13- 1 Pallets
Area 14- 1 Pallet

200 S. F. Street					
Haines City, Florida 33844					
Phone 863-422-5207 | Fax 863-422-1816

Date: January 15, 2026			Polk County License # 214815		
SUBMITTED TO:		Job Name / Location:			
GMS
135 W. Central Blvd. Orlando, FL 32801 Attn: Marshall Tindall Phone: 786-238-9473
Email:	mtindall@gmscfl.com		Cypress Park Estates
351 Bottle Brush Dr. Haines City, FL 33844

(3 DAY PROJECT)			
Proposal to complete grading, remove excess dirt, & prepare for sod install					
	Qty	Unit	Unit Cost	TOTAL	
Grading Refacing (Retention pond Tract Z)	1	EA	$8,700.00	$8,700.00	
			Total:	$8,700.00	
(* THIS PROJECT WILL INCLUDE REGRADING/RESURFACING OF THE DESIGNATED RETENTION POND (TRACT Z) TO CORRECT EXISTING ELEVATION,
IMPROVE DRAINAGE PERFORMANCE, AND PREPARE SITE FOR FUTURE SOD INSTALLATION. WORK WILL CONSIST OF THREE DAYS OF MOBILIZATION OF EQUIPMENT AND PERSONEL, ROUGH AND FINAL GRADING OF EXISTING GROUND TO ACHIEVE PROPER SLOPE ON SIDE OF TRACT Z ALONG NEIGHBORING PROPERTY. EXCESS MATERIAL GENERATED DURING GRADING OPERATION WILL BE REMOVED FROM SITE AND DISPOSED OF. REMAINING SOIL WILL BE RESTRUCTURED, COMPACTED, AND RESHAPED TO PROVIDE A SMOOTH, STABLE, AND UNIFORM
SURFACE SUITABLE FOR SOD INSTALLATION. ESTIMATED WORK TIME IS THREE DAYS					
The customer agrees, that by signing this proposal, it shall become a legal and binding contract and shall supersede any previous agreements, discussed or implied. The customer further agrees to all terms and conditions set forth within and shall be responsible for any/all court and/or attorney fees incurred by Prince and Sons, Inc.required to obtain collection for any portion of money
owed for material and/or work performed by Prince and Sons Inc.

Submitted by: Jason Rusticus	Accepted by:	
Date Submitted: January 15, 2026	Date Accepted: 						

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Summary of Check Register

February 14, 2026 to April 21, 2026

Fund	Date	Check No.'s	Amount	

General Fund - Truist				
	2/18/26	694-700	$	45,576.82	
	2/25/26	701-705	$	1,267.00	
	3/9/26	706-707	$	2,165.00	
	3/12/26	708-713	$	36,677.60	
	3/20/26	714-716	$	4,697.31	
	3/24/26	717-719	$	2,128.13	
	4/1/26	720-722	$	3,723.60	
	4/7/26	723-726	$	14,818.27	
	4/15/26	727	$	7,569.60	
		Autodrafts	$	22,451.03	
			$	141,074.36	

General Fund - Money Market				
	4/1/26	13	$	55,000.00	
			$	55,000.00	

Capital Reserve - Money Market				
	3/20/26	3	$	39,295.64	
			$	39,295.64	

Summary of Internal & External Checks

Internal Checks External Checks

$	73,609.39
$	161,760.61

Total Amount	$	235,370.00

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	4/23/26	PAGE	1
*** CHECK DATES 02/14/2026 - 04/21/2026 ***	CYPRESS PARK ESTATES - GENERAL
BANK A GENERAL FUND
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
2/18/26 00028	1/27/26 17027	202601 330-57200-48200	*	995.00
CLEANING SVCS-JAN26
CSS CLEAN STAR SERVICES CENTRAL FL	995.00 000694
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/18/26 99999	2/18/26 VOID	202602 000-00000-00000	C	.00 VOID CHECK
******INVALID VENDOR NUMBER******	.00 000695
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/18/26 00003 12/31/25 222	202512 330-57200-48000	*	275.00
SERVICE WOMEN VENT FAN
12/31/25 223	202512 320-53800-48000	*	936.90
FALL ENTRY LIGHT TEST/FIX
12/31/25 224	202512 320-53800-49000	*	285.00
FLAG AND SIGN REMOVAL
12/31/25 225	202512 330-57200-48000	*	1,332.00
PRESSURE WSH AMENITY AREA
12/31/25 226	202512 330-57200-48000	*	205.25
TRASH REMOVAL AMNTY CENTR
12/31/25 227	202512 330-57200-48000	*	724.09
FIX CHAIR/GTE/PAVELS/PARK
12/31/25 228	202512 320-53800-48000	*	9,495.44
STORM DRAIN MAINTENANCE
2/01/26 229	202602 320-53800-34000	*	1,716.67
FIELD MANAGEMENT-FEB26
2/01/26 230	202602 310-51300-34000	*	3,862.50
MANAGEMENT FEES-FEB26
2/01/26 230	202602 310-51300-35200	*	108.17
WEBSITE ADMIN-FEB26
2/01/26 230	202602 310-51300-35100	*	162.25
INFORMATION TECH-FEB26
2/01/26 230	202602 310-51300-31300	*	631.17
DISSEMINATION SVCS-FEB26
2/01/26 230	202602 330-57200-48300	*	1,072.92
AMENITY ACCESS-FEB26
2/01/26 230	202602 310-51300-51000	*	.84
OFFICE SUPPLIES-FEB26
2/01/26 230	202602 310-51300-42000	*	20.80
POSTAGE-FEB26
GOVERNMENTAL MANAGEMENT SERVICES-CF	20,829.00 000696
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/18/26 00029	2/12/26 GLC24812 202602 330-57200-48400	*	858.00
PLAYGROUND EQUIP-FEB26
GOVERNMENT LEASING, LLC	858.00 000697
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/18/26 00026	1/01/26 30062	202601 330-57200-48500	*	1,975.00
POOL MAINTENANCE-JAN26
CPE	CYP PARK EST	BOH
AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	4/23/26	PAGE	2
*** CHECK DATES 02/14/2026 - 04/21/2026 ***	CYPRESS PARK ESTATES - GENERAL
BANK A GENERAL FUND
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
1/01/26 30062	202601 320-53800-47500	*	150.00
FOUNTAIN MAINT-JAN26
2/01/26 30415	202602 320-53800-47500	*	150.00
FOUNTAIN MAINT-FEB26
2/01/26 30460	202602 330-57200-48500	*	1,975.00
POOL MAINTENANCE-FEB26
RESORT POOL SERVICES	4,250.00 000698
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/18/26 00034	1/31/26 12451158 202601 330-57200-34500	*	2,792.74
SECURITY SVCS-JAN26
SECURITAS SECURITY SERVICES USA,INC	2,792.74 000699
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/18/26 00009	2/13/26 02132026 202602 300-20700-10200	*	7,400.48
ASSESSMENT TSFR S2020 AA1
2/13/26 02132026 202602 300-20700-10200	*	1,190.77
ASSESSMENT TSFR S2020 AA2
2/13/26 02132026 202602 300-20700-10200	*	7,260.83
ASSESSMENT TSFR S2022
CYPRESS PARK ESTATES CDD CO US BANK	15,852.08 000700
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/25/26 00042	2/24/26 02242026 202602 310-51300-11000	*	200.00
SUPERVISOR FEES-02.24.26
ALAN B METZGER	200.00 000701
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/25/26 00015	2/16/26 14168	202601 310-51300-31500	*	267.00
ATTORNEY SVCS-JAN26
KILINSKI VAN WYK PLLC	267.00 000702
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/25/26 00041	2/24/26 02242026 202602 310-51300-11000	*	200.00
SUPERVISOR FEES-02.24.26
KRISTINA BOLEN	200.00 000703
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/25/26 00008	2/24/26 02242026 202602 310-51300-11000	*	200.00
SUPERVISOR FEES-02.24.26
MCKINZIE TERRILL	200.00 000704
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/25/26 00036 12/16/25 12162025 202512 310-51300-11000	*	200.00
SUPERVISOR FEES-12.16.25
2/24/26 02242026 202602 310-51300-11000	*	200.00
SUPERVISOR FEES-02.24.26
STEVEN A. ROSSER	400.00 000705
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/09/26 00031	2/10/26 69464340 202602 330-57200-48100	*	40.00
PEST CONTROL-FEB26
MASSEY SERVICES INC.	40.00 000706
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
CPE	CYP PARK EST	BOH
AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	4/23/26	PAGE	3
*** CHECK DATES 02/14/2026 - 04/21/2026 ***	CYPRESS PARK ESTATES - GENERAL
BANK A GENERAL FUND
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
3/09/26 00026	3/01/26 30782	202603 320-53800-47500	*	150.00
FOUNTAIN MAINT-MAR26
3/01/26 30831	202603 330-57200-48500	*	1,975.00
POOL MAINTENANCE-MAR26
RESORT POOL SERVICES	2,125.00 000707
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/12/26 00040	3/09/26 43781	202602 320-53800-47300	*	730.00
BACKFLOW REPAIRS 02.25.26
AARON'S BACKFLOW SERVICES INC	730.00 000708
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/12/26 00027	3/03/26 115804	202603 330-57200-34500	*	1,294.00
ADD RECORDING-8TB TO 12TB
CURRENT DEMANDS ELECTRICAL &	1,294.00 000709
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/12/26 00003	3/01/26 231	202603 320-53800-34000	*	1,716.67
FIELD MANAGEMENT-MAR26
3/01/26 232	202603 310-51300-34000	*	3,862.50
MANAGEMENT FEES-MAR26
3/01/26 232	202603 310-51300-35200	*	108.17
WEBSITE ADMIN-MAR26
3/01/26 232	202603 310-51300-35100	*	162.25
INFORMATION TECH-MAR26
3/01/26 232	202603 310-51300-31300	*	631.17
DISSEMINATION SVCS-MAR26
3/01/26 232	202603 330-57200-48300	*	1,072.92
AMENITY ACCESS-MAR26
3/01/26 232	202603 310-51300-51000	*	.57
OFFICE SUPPLIES-MAR26
3/01/26 232	202603 310-51300-42000	*	47.99
POSTAGE-MAR26
3/01/26 232	202603 310-51300-42500	*	5.85
COPIES-MAR26
GOVERNMENTAL MANAGEMENT SERVICES-CF	7,608.09 000710
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/12/26 00029	3/06/26 24812-BO 202603 330-57200-48400	*	14,262.95 PLAYGROUND EQUIP-PAYOFF
GOVERNMENT LEASING, LLC	14,262.95 000711
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/12/26 00024	3/01/26 22491	202603 320-53800-46200	*	10,303.00
LANDSCAPE MAINT-MAR26
PRINCE & SONS INC.	10,303.00 000712
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/12/26 00034	2/28/26 12484539 202602 330-57200-34500	*	2,479.56
SECURITY SVCS-FEB26
SECURITAS SECURITY SERVICES USA,INC	2,479.56 000713
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
CPE	CYP PARK EST	BOH
AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	4/23/26	PAGE	4
*** CHECK DATES 02/14/2026 - 04/21/2026 ***	CYPRESS PARK ESTATES - GENERAL
BANK A GENERAL FUND
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
3/20/26 00028	2/24/26 17275	202602 330-57200-48200	*	995.00
CLEANING SVCS-FEB26
CSS CLEAN STAR SERVICES CENTRAL FL	995.00 000714
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/20/26 00003 11/30/25 219	202511 330-57200-48000	*	945.00
GATES/CANS/FENCE/TAPE/TRS
GOVERNMENTAL MANAGEMENT SERVICES-CF	945.00 000715
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/20/26 00009	3/19/26 03192026 202603 300-20700-10200	*	1,287.24
ASSESSMENT TSFR S2020 AA1
3/19/26 03192026 202603 300-20700-10200	*	207.12
ASSESSMENT TSFR S2020 AA2
3/19/26 03192026 202603 300-20700-10200	*	1,262.95
ASSESSMENT TSFR S2022
CYPRESS PARK ESTATES CDD CO US BANK	2,757.31 000716
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/24/26 00015	3/18/26 14436	202602 310-51300-31500	*	1,984.00
ATTORNEY SVCS-FEB26
KILINSKI VAN WYK PLLC	1,984.00 000717
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/24/26 00031	3/04/26 69763662 202603 330-57200-48100	*	40.00
PEST CONTROL-MAR26
MASSEY SERVICES INC.	40.00 000718
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/24/26 00024	2/23/26 22608	202602 320-53800-47300	*	104.13
REPAIR NOZZLES/6" SPRAYS
PRINCE & SONS INC.	104.13 000719
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/01/26 00053	3/19/26 22483287 202602 310-51300-31100	*	1,375.00
ENGINEERING SVCS-FEB26
DEWBERRY ENGINEERS INC.	1,375.00 000720
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/01/26 00052	3/16/26 101242	202603 330-57200-34500	*	223.60
SECURITY SVCS-03/13/26
NATION SECURITY SERVICES LLC	223.60 000721
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/01/26 00026	4/01/26 31162	202604 320-53800-47500	*	150.00
FOUNTAIN MAINT-APR26
4/01/26 31210	202604 330-57200-48500	*	1,975.00
POOL MAINTENANCE-APR26
RESORT POOL SERVICES	2,125.00 000722
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/07/26 00038	3/31/26 00076447 202603 310-51300-48000	*	225.13
NOT OF RULE DEV-03.17.26
3/31/26 00076447 202603 310-51300-48000	*	459.84
NOT RULEMAKE-03.24.26
GANNETT MEDIA CORP DBA	684.97 000723
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
CPE	CYP PARK EST	BOH
AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	4/23/26	PAGE	5
*** CHECK DATES 02/14/2026 - 04/21/2026 ***	CYPRESS PARK ESTATES - GENERAL
BANK A GENERAL FUND
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
4/07/26 00052	3/23/26 101335	202603 330-57200-34500	*	1,158.00
SECURITY SVC-3/16-3/22/26
NATION SECURITY SERVICES LLC	1,158.00 000724
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/07/26 00024	4/01/26 23169	202604 320-53800-46200	*	10,303.00
LANDSCAPE MAINT-APR26
PRINCE & SONS INC.	10,303.00 000725
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/07/26 00034	3/31/26 12513437 202603 330-57200-34500	*	2,672.30
SECURITY SVCS-MAR26
SECURITAS SECURITY SERVICES USA,INC	2,672.30 000726
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/15/26 00003	4/01/26 233	202604 320-53800-34000	*	1,716.67
FIELD MANAGEMENT-APR26
4/01/26 234	202604 310-51300-34000	*	3,862.50
MANAGEMENT FEES-APR26
4/01/26 234	202604 310-51300-35200	*	108.17
WEBSITE ADMIN-APR26
4/01/26 234	202604 310-51300-35100	*	162.25
INFORMATION TECH-APR26
4/01/26 234	202604 310-51300-31300	*	631.17
DISSEMINATION SVCS-APR26
4/01/26 234	202604 330-57200-48300	*	1,072.92
AMENITY ACCESS-APR26
4/01/26 234	202604 310-51300-51000	*	.42
OFFICE SUPPLIES-APR26
4/01/26 234	202604 310-51300-42000	*	10.40
POSTAGE-APR26
4/01/26 234	202604 310-51300-42500	*	5.10
COPIES-APR26
GOVERNMENTAL MANAGEMENT SERVICES-CF	7,569.60 000727
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
TOTAL FOR BANK A	118,623.33

CPE	CYP PARK EST	BOH
AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	4/23/26	PAGE	6
*** CHECK DATES 02/14/2026 - 04/21/2026 ***	CYPRESS PARK ESTATES - GENERAL
BANK B GENERAL FUND

CHECK	VEND# DATE	.....INVOICE..... DATE	INVOICE	...EXPENSED TO...		VENDOR NAME YRMO	DPT ACCT# SUB	SUBCLASS	STATUS	AMOUNT	....CHECK.....
AMOUNT	#	
4/01/26 00046	4/01/26 04012026	202604 300-10100-10000	*	55,000.00	

- - - - - - - -	TSFR BU
- - - - - - - - -	GF TO TRUIST GF
CYPRESS PARK ESTATES CDD
- - - - - - - - - - - - - - - - - - - - - - - -	
- - - - - - - - - - -	55,000.00 000013
- - - - - - - - - - - - - -	
		TOTAL FOR	BANK B	55,000.00	

CPE	CYP PARK EST	BOH
AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	4/23/26	PAGE	7
*** CHECK DATES 02/14/2026 - 04/21/2026 ***	CYPRESS PARK ESTATES - GENERAL
BANK Z GENERAL FUND AUTOPAY
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
2/26/26 00058	2/19/26 4453-03. 202602 300-15500-10000	*	110.00
675 SILVER PALM DR-MAR26
CHARTER COMMUNICATIONS	110.00 080041
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/26/26 00050	1/30/26 2936-01. 202601 320-53800-43200	*	35.43
290 BOTTLE BRUSH DR-JAN26
1/30/26 2937-01. 202601 320-53800-43200	*	66.85
959 SABAL POINT-JAN26
1/30/26 3696-01. 202601 320-53800-43200	*	1,318.96
5150 E JOHNSON AVE-JAN26
1/30/26 4455-01. 202601 320-53800-43200	*	553.12
4975 BAKER DAIRY-JAN26
1/30/26 7111-01. 202601 330-57200-43200	*	1,152.73
1209 TUPELO TRAIL-JAN26

175 BOTTLE BRUSH DR-JAN26
AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	4/23/26	PAGE	8
*** CHECK DATES 02/14/2026 - 04/21/2026 ***	CYPRESS PARK ESTATES - GENERAL
BANK Z GENERAL FUND AUTOPAY
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...	VENDOR NAME	STATUS	AMOUNT	....CHECK.....

-	-	-	-	-	-	-	-	-	-	

- - - - - - - -	
-	
-								

- - - - - - - -	
-	
-								

- - - - - - - -	
-	
-								

- - - - - - - -	
-	
-								

175 BOTTLE BRUSH DR-FEB26

675 SILVER PALM DR-APR26
CHARTER COMMUNICATIONS	110.00 080061
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/06/26 00050	3/31/26 2936-03. 202603 320-53800-43200	*	28.87
290 BOTTLE BRUSH DR-MAR26
CITY OF HAINES CITY	28.87 080062
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	4/23/26	PAGE	9
*** CHECK DATES 02/14/2026 - 04/21/2026 ***	CYPRESS PARK ESTATES - GENERAL
BANK Z GENERAL FUND AUTOPAY
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...	VENDOR NAME	STATUS	AMOUNT	....CHECK.....

331 BOTTLE BRUSH DR-MAR26

TOTAL FOR BANK Z	22,451.03 CPE	CYP PARK EST	BOH
AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	4/23/26	PAGE	10
*** CHECK DATES 02/14/2026 - 04/21/2026 ***	CYPRESS PARK ESTATES - GENERAL
BANK Z GENERAL FUND AUTOPAY
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#

TOTAL FOR REGISTER	196,074.36

CPE	CYP PARK EST	BOH
AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	4/23/26	PAGE	1
*** CHECK DATES 02/14/2026 - 04/21/2026 ***	CYPRESS PARK ESTATES-RESERVE
BANK C CAPITAL RESERVE
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
3/20/26 00002	3/10/26 8905	202603 600-53800-60002	*	39,295.64
SHADE STRUCTURE FINAL
PRO PLAYGROUNDS	39,295.64 000003
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
TOTAL FOR BANK C	39,295.64
TOTAL FOR REGISTER	39,295.64

CPE	CYP PARK EST	BOH

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Cypress Park Estates
Community Development District

Unaudited Financial Reporting
March 31, 2026
Table of Contents

1		Balance Sheet	

2-3	
	General Fund	

4	
	Debt Service Fund Series 2020 A1 & A2	

5	
	Debt Service Fund Series 2022	

6	
	Capital Projects Fund Series 2022	

7	
	Capital Reserve Fund	

8-9	
	Month to Month	

10	
	Long Term Debt	

11	
	Assessment Receipt Schedule	
Cypress Park Estates
Community Development District Combined Balance Sheet
March 31, 2026

	General		Debt Service		Capital Reserve		Capital Projects		Totals		
	Fund		Fund		Fund		Fund	Governmental Funds			
Assets:
Cash:
Operating Account	

$	

100,882	

$	

-	

$	

-	

$	

-	

$	

100,882	
Money Market Account Investments:
Series 2020 A1
Reserve	$

$	452,077

-	$

$	-

221,250	$

$	179,262

-	$

$	-

-	$

$	631,338

221,250	
Revenue	$	-	$	499,841	$	-	$	-	$	499,841	
Series 2020 A2
Reserve	
$	
-	
$	
35,578	
$	
-	
$	
-	
$	
35,578	
Revenue	$	-	$	84,278	$	-	$	-	$	84,278	
Series 2022
Reserve	
$	
-	
$	
216,663	
$	
-	
$	
-	
$	
216,663	
Revenue	$	-	$	502,291	$	-	$	-	$	502,291	
Construction Phase 3	$	-	$	-	$	-	$	276	$	276	
Due from Developer	$	-	$	-	$	-	$	8,604	$	8,604	
Prepaid Expenses	$	1,482	$	-	$	-	$	-	$	1,482	
Total Assets	$	554,440	$	1,559,901	$	179,262	$	8,880	$	2,302,482	
Liabilities:
Accounts Payable	

$	

17,857	

$	

-	

$	

-	

$	

-	

$	

17,857	
Total Liabilites	$	17,857	$	-	$	-	$	-	$	17,857	
Fund Balance:
Nonspendable: Prepaid Items	

$	

1,482	

$	

-	

$	

-	

$	

-	

$	

1,482	
Restricted for:
Debt Service - Series 2020	
$	
-	
$	
840,947	
$	
-	
$	
-	
$	
840,947	
Debt Service - Series 2022	$	-	$	718,954	$	-	$	-	$	718,954	
Capital Projects - Series 2022	$	-	$	-	$	-	$	8,880	$	8,880	
Assigned for:
Capital Reserves	
$	
-	
$	
-	
$	
179,262	
$	
-	
$	
179,262	
Unassigned	$	535,101	$	-	$	-	$	-	$	535,101	
Total Fund Balances	$	536,583	$	1,559,901	$	179,262	$	8,880	$	2,284,625	
											
Total Liabilities & Fund Balance	$	554,440	$	1,559,901	$	179,262	$	8,880	$	2,302,482	

Revenues:

Assessments - On Roll	$	762,566	$	703,947	$	703,947	$	-	
Interest Income	$	5,568	$	2,784	$	6,352	$	3,568	
Miscellaneous Income	$	-	$	-	$	1,493	$	1,493	
Total Revenues	$	768,134	$	706,731	$	711,792	$	5,061	

Expenditures:									
General & Administrative:									
Supervisor Fees	$	12,000	$	6,000	$	2,000	$	4,000	
Engineer Fees	$	10,000	$	5,000	$	2,000	$	3,000	
Attorney Fees	$	30,000	$	15,000	$	4,725	$	10,275	
Annual Audit	$	4,600	$	4,600	$	4,600	$	-	
Assessment Adminstration	$	5,732	$	5,732	$	5,732	$	(0)	
Dissemination	$	7,574	$	3,787	$	3,787	$	(0)	
Arbitrage	$	1,350	$	1,350	$	1,350	$	-	
Trustee Fees	$	13,332	$	11,442	$	11,442	$	-	
Management Fees	$	46,350	$	23,175	$	23,175	$	-	
Information Technology	$	1,947	$	973	$	974	$	(0)	
Website Maintenance	$	1,298	$	649	$	649	$	(0)	
Postage & Delivery	$	500	$	500	$	777	$	(277)	
Insurance	$	8,810	$	8,810	$	6,810	$	2,000	
Copies	$	100	$	100	$	149	$	(49)	
Legal Advertising	$	2,000	$	1,000	$	1,700	$	(700)	
Other Current Charges	$	1,000	$	500	$	266	$	234	
Office Supplies	$	50	$	25	$	4	$	21	
Dues, Licenses & Subscriptions	$	175	$	175	$	175	$	-	
Total General & Administrative	$	146,817	$	88,818	$	70,314	$	18,504	

Operations & Maintenance					
Field Expenditures
Property Insurance	

$	17,958	

$	17,958	

$	15,954	

$	2,004	
Field Management	$	20,600	$	10,300	$	10,300	$	(0)	
Landscape Maintenance	$	135,500	$	67,750	$	61,818	$	5,932	
Landscape Replacement	$	45,000	$	22,500	$	3,885	$	18,615	
Streetlights	$	25,000	$	12,500	$	13,841	$	(1,341)	
Electric	$	13,300	$	6,650	$	4,700	$	1,950	
Water & Sewer	$	45,000	$	22,500	$	13,070	$	9,430	
Sidewalk & Asphalt Maintenance	$	2,500	$	1,250	$	-	$	1,250	
Irrigation Repairs	$	6,000	$	3,000	$	1,303	$	1,697	
Fountain Maintenance	$	1,800	$	900	$	900	$	-	
General Repairs & Maintenance	$	25,000	$	12,500	$	12,172	$	328	
Contingency	$	10,000	$	10,000	$	10,135	$	(135)	
Subtotal Field Expenditures	$	347,658	$	187,808	$	148,079	$	39,729	

Amenity Expenditures
Amenity - Electric	

$	25,000	

$	12,500	

$	10,706	

$	1,794	
Amenity - Water	$	20,500	$	10,250	$	7,720	$	2,531	
Playground Lease	$	36,107	$	36,107	$	54,000	$	(17,893)	
Internet	$	1,200	$	600	$	550	$	50	
Pest Control	$	4,708	$	2,354	$	480	$	1,874	
Janitorial Service	$	14,705	$	7,353	$	5,960	$	1,393	
Amenity Access	$	12,875	$	6,438	$	6,438	$	(0)	
Security Services	$	54,054	$	27,027	$	19,104	$	7,923	
Pool Maintenance	$	24,408	$	12,204	$	11,905	$	299	
Amenity Repairs & Maintenance	$	15,000	$	7,500	$	5,420	$	2,080	
Contingency	$	7,500	$	3,750	$	-	$	3,750	
Subtotal Amenity Expenditures	$	216,057	$	126,082	$	122,281	$	3,801	
					
Total Operations & Maintenance	$	563,715	$	313,890	$	270,360	$	43,530	
					
Total Expenditures	$	710,532	$	402,708	$	340,674	$	62,034	
					
Excess (Deficiency) of Revenues over Expenditures	$	57,603	$	304,023	$	371,118	$	(56,973)	

Other Financing Sources/(Uses):					
Transfer In/(Out)	$	(57,603)	$	(57,603)	$	(57,603)	$	-	
Total Other Financing Sources/(Uses)	$	(57,603)	$	(57,603)	$	(57,603)	$	-	
					
Net Change in Fund Balance	$	(0)		$	313,515		
					
Fund Balance - Beginning	$	-		$	223,067		
					
Fund Balance - Ending	$	(0)		$	536,583		

Revenues:

Assessments - A1	$	442,500	$	408,485	$	408,485	$	-	
Assessments - A2	$	71,200	$	65,727	$	65,727	$	-	
Interest	$	11,696	$	5,848	$	9,858	$	4,010	
Total Revenues	$	525,396	$	480,060	$	484,070	$	4,010	

Expenditures:									
Series 2020 A1
Interest - 11/1	

$	

138,216	

$	

138,216	

$	

138,216	

$	

-	
Principal - 5/1	$	165,000	$	-	$	-	$	-	
Interest - 5/1	$	138,216	$	-	$	-	$	-	
Series 2020 A2
Interest - 11/1	

$	

22,378	

$	

22,378	

$	

22,378	

$	

-	
Principal - 5/1	$	25,000	$	-	$	-	$	-	
Interest - 5/1	$	22,378	$	-	$	-	$	-	
Total Expenditures	$	511,188	$	160,594	$	160,594	$	-	
									
Excess (Deficiency) of Revenues over Expenditures	$	14,209	$	319,466	$	323,476	$	4,010	
									
Fund Balance - Beginning	$	626,020			$	517,471			
									
Fund Balance - Ending	$	640,229			$	840,947			

Revenues:

Assessments	$	434,150	$	400,777	$	400,777	$	-	
Interest	$	9,891	$	4,945	$	8,292	$	3,347	
Total Revenues	$	444,041	$	405,722	$	409,069	$	3,347	
Expenditures: Series 2022 Interest - 11/1	

$	

158,875	

$	

158,875	

$	

158,875	

$	

-	
Principal - 5/1	$	115,000	$	-	$	-	$	-	
Interest - 5/1	$	158,875	$	-	$	-	$	-	
Total Expenditures	$	432,750	$	158,875	$	158,875	$	-	
									
Excess (Deficiency) of Revenues over Expenditures	$	11,291	$	246,847	$	250,194	$	3,347	
									
Net Change in Fund Balance	$	11,291			$	250,194			
									
Fund Balance - Beginning	$	251,412			$	468,760			
									
Fund Balance - Ending	$	262,703			$	718,954			

Revenues					
Developer Contribution Phase 3	$	-	$	-	$	8,604	$	8,604	
Interest	$	-	$	-	$	5	$	5	
Total Revenues	$	-	$	-	$	8,608	$	8,608	

Expenditures:					
Capital Outlay	$	-	$	-	$	-	$	-	
Total Expenditures	$	-	$	-	$	-	$	-	
					
Excess (Deficiency) of Revenues over Expenditures	$	-	$	-	$	8,608	$	8,608	
					
Net Change in Fund Balance	$	-	$	8,608		
					
Fund Balance - Beginning	$	-	$	272		
					
Fund Balance - Ending	$	-	$	8,880		
Cypress Park Estates
Community Development District Capital Reserve Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending March 31, 2026

	Adopted	Prorated Budget	Actual																		
	Budget	Budget	Thru 03/31/26	Variance																	

Revenues

Interest Income	

$	2,813	

$	1,407	

$	3,225	

$	1,818																	
Total Revenues	$	2,813	$	1,407	$	3,225	$	1,818																	

Expenditures:

Special Projects	

$	75,000	

$	39,296	

$	39,296	

$	-																	
Total Expenditures	$	75,000	$	39,296	$	39,296	$	-																	
																					
Excess (Deficiency) of Revenues over Expenditures	$	(72,187)	$	(37,889)	$	(36,071)	$	1,818																	

Other Financing Sources/(Uses)

Transfer In/(Out)	

$	57,603	

$	57,603	

$	57,603	

$	-																	
Total Other Financing Sources/(Uses)	$	57,603	$	57,603	$	57,603	$	-																	
																					
Net Change in Fund Balance	$	(14,584)		$	21,532																		
																					
Fund Balance - Beginning	$	33,544		$	157,729																		
																					
Fund Balance - Ending	$	18,960		$	179,262																		
	Oct	Nov	Dec	Jan	Feb	March	April	May	June	July	Aug	Sept	Total								

Revenues:																					
Assessments - On Roll	$	-	$	18,810  $	661,941  $	9,492  $	11,486  $	2,218  $	-	$	-	$	-	$	-	$	-	$	-	$	703,947	
Developer Contributions	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	
Miscellaneous Income	$	-	$	30  $	-	$	1,463  $	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	1,493	
Interest	$	496  $	319  $	722  $	1,937  $	1,410  $	1,469  $	-	$	-	$	-	$	-	$	-	$	-	$	6,352	
Total Revenues	$	496  $	19,159  $	662,663  $	12,892  $	12,896  $	3,687  $	-	$	-	$	-	$	-	$	-	$	-	$	711,792	

Expenditures:																					
General & Administrative:																					
Supervisor Fees	$	-  $	-  $	1,000  $	-  $	1,000  $	-  $		-  $		-  $		-  $		-  $		-  $		-  $	2,000	
Engineer Fees	$	-  $	-  $	625  $	-  $	1,375  $	-  $		-  $		-  $		-  $		-  $		-  $		-  $	2,000	
Attorney Fees	$	897  $	338  $	1,239  $	267  $	1,984  $	-  $		-  $		-  $		-  $		-  $		-  $		-  $	4,725	
Annual Audit	$	-  $	-  $	-  $	-  $	4,600  $	-  $		-  $		-  $		-  $		-  $		-  $		-  $	4,600	
Assessment Adminstration	$	5,732  $	-  $	-  $	-  $	-  $	-  $		-  $		-  $		-  $		-  $		-  $		-  $	5,732	
Dissemination	$	631  $	631  $	631  $	631  $	631  $	631  $		-  $		-  $		-  $		-  $		-  $		-  $	3,787	
Arbitrage	$	450  $	-  $	-  $	900  $	-  $	-  $		-  $		-  $		-  $		-  $		-  $		-  $	1,350	
Trustee Fees	$	4,034  $	-  $	7,408  $	-  $	-  $	-  $		-  $		-  $		-  $		-  $		-  $		-  $	11,442	
Management Fees	$	3,863  $	3,863  $	3,863  $	3,863  $	3,863  $	3,863  $		-  $		-  $		-  $		-  $		-  $		-  $	23,175	
Information Technology	$	162  $	162  $	162  $	162  $	162  $	162  $		-  $		-  $		-  $		-  $		-  $		-  $	974	
Website Maintenance	$	108  $	108  $	108  $	108  $	108  $	108  $		-  $		-  $		-  $		-  $		-  $		-  $	649	
Postage & Delivery	$	97  $	116  $	103  $	392  $	21  $	48  $		-  $		-  $		-  $		-  $		-  $		-  $	777	
Insurance	$	6,810  $	-  $	-  $	-  $	-  $	-  $		-  $		-  $		-  $		-  $		-  $		-  $	6,810	
Copies	$	65  $	76  $	-  $	2  $	-  $	6  $		-  $		-  $		-  $		-  $		-  $		-  $	149	
Legal Advertising	$	-  $	1,015  $	-  $	-  $	-  $	685  $		-  $		-  $		-  $		-  $		-  $		-  $	1,700	
Other Current Charges	$	44  $	45  $	44  $	45  $	44  $	45  $		-  $		-  $		-  $		-  $		-  $		-  $	266	
Office Supplies	$	1  $	1  $	0  $	0  $	1  $	1  $		-  $		-  $		-  $		-  $		-  $		-  $	4	
Dues, Licenses & Subscriptions	$	175  $	-  $	-  $	-  $	-  $	-  $		-  $		-  $		-  $		-  $		-  $		-  $	175	
Total General & Administrative	$	23,068  $	6,354  $	15,183  $	6,371  $	13,789  $	5,549  $		-  $		-  $		-  $		-  $		-  $		-  $	70,314	
	Oct	Nov	Dec	Jan	Feb	March	April	May	June	July	Aug	Sept	Total								

Operations & Maintenance																					
Field Expenditures
Property Insurance	

$	

15,954  $	

-  $	

-  $	

-  $	

-  $	

-  $	

-  $	

-  $	

-  $	

-  $	

-  $	

-  $	

15,954							
Field Management	$	1,717  $	1,717  $	1,717  $	1,717  $	1,717  $	1,717  $	-  $	-  $	-  $	-  $	-  $	-  $	10,300							
Landscape Maintenance	$	10,303  $	10,303  $	10,303  $	10,303  $	10,303  $	10,303  $	-  $	-  $	-  $	-  $	-  $	-  $	61,818							
Landscape Replacement	$	-  $	-  $	1,785  $	2,100  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	3,885							
Streetlights	$	2,322  $	2,322  $	2,322  $	2,342  $	2,267  $	2,266  $	-  $	-  $	-  $	-  $	-  $	-  $	13,841							
Electric	$	829  $	717  $	712  $	1,726  $	715  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	4,700							
Water & Sewer	$	2,491  $	1,938  $	2,534  $	1,974  $	2,092  $	2,041  $	-  $	-  $	-  $	-  $	-  $	-  $	13,070							
Sidewalk & Asphalt Maintenance	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-							
Irrigation Repairs	$	99  $	254  $	117  $	-  $	834  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	1,303							
Fountain Maintenance	$	150  $	150  $	150  $	150  $	150  $	150  $	-  $	-  $	-  $	-  $	-  $	-  $	900							
General Repairs & Maintenance	$	1,740  $	-  $	10,432  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	12,172							
Contingency	$	-  $	9,850  $	285  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	10,135							
Subtotal Field Expenditures	$	35,604  $	27,251  $	30,357  $	20,312  $	18,078  $	16,477  $	-  $	-  $	-  $	-  $	-  $	-  $	148,079							

Amenity Expenditures
Amenity - Electric	

$	

1,985  $	

1,612  $	

2,120  $	

1,973  $	

1,559  $	

1,456  $	

-  $	

-  $	

-  $	

-  $	

-  $	

-  $	

10,706							
Amenity - Water	$	297  $	891  $	4,021  $	1,153  $	973  $	384  $	-  $	-  $	-  $	-  $	-  $	-  $	7,720							
Playground Lease	$	36,305  $	858  $	858  $	858  $	858  $	14,263  $	-  $	-  $	-  $	-  $	-  $	-  $	54,000							
Internet	$	-  $	110  $	110  $	110  $	110  $	110  $	-  $	-  $	-  $	-  $	-  $	-  $	550							
Pest Control	$	280  $	40  $	40  $	40  $	40  $	40  $	-  $	-  $	-  $	-  $	-  $	-  $	480							
Janitorial Service	$	985  $	995  $	995  $	995  $	995  $	995  $	-  $	-  $	-  $	-  $	-  $	-  $	5,960							
Amenity Access	$	1,073  $	1,073  $	1,073  $	1,073  $	1,073  $	1,073  $	-  $	-  $	-  $	-  $	-  $	-  $	6,438							
Security Services	$	2,927  $	2,907  $	2,650  $	2,793  $	2,480  $	5,348  $	-  $	-  $	-  $	-  $	-  $	-  $	19,104							
Pool Maintenance	$	2,030  $	1,975  $	1,975  $	1,975  $	1,975  $	1,975  $	-  $	-  $	-  $	-  $	-  $	-  $	11,905							
Amenity Repairs & Maintenance	$	863  $	1,170  $	2,536  $	850  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	5,420							
Contingency	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-							
Subtotal Amenity Expenditures	$	46,745  $	11,630  $	16,379  $	11,819  $	10,062  $	25,645  $	-  $	-  $	-  $	-  $	-  $	-  $	122,281							
																					
Total Operations & Maintenance	$	82,350  $	38,882  $	46,735  $	32,131  $	28,140  $	42,122  $	-  $	-  $	-  $	-  $	-  $	-  $	270,360							
																					
Total Expenditures	$	105,418  $	45,236  $	61,918  $	38,502  $	41,929  $	47,670  $	-  $	-  $	-  $	-  $	-  $	-  $	340,674							
																					
Excess (Deficiency) of Revenues over Expenditures	$	(104,922)  $	(26,077)  $	600,744  $	(25,610)  $	(29,033)  $	(43,983)  $	-  $	-  $	-  $	-  $	-  $	-  $	371,118							

Other Financing Sources/Uses:																					
Transfer In/(Out)	$	-  $	-  $	(57,603)  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	(57,603)							
Total Other Financing Sources/Uses	$	-  $	-  $	(57,603) $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	(57,603)							
																					
Net Change in Fund Balance	$	(104,922) $	(26,077) $	543,141  $	(25,610) $	(29,033) $	(43,983) $	-  $	-  $	-  $	-  $	-  $	-  $	313,515							
Cypress Park Estate
Community Development District Long Term Debt Report

Series 2020-A1, Special Assessment Revenue Bonds		
Interest Rate:	2.625%, 3.250%, 3.875%, 4.000%		
Maturity Date:	5/1/2051		
Reserve Fund Definition	50% Maximum Annual Debt Service		
Reserve Fund Requirement	$221,250		
Reserve Fund Balance	$221,250		
Bonds Outstanding - 11/12/2020	$7,770,000	
Less: Principal Payment - 5/1/22	($150,000)	
Less: Principal Payment - 5/1/23	($155,000)	
Less: Principal Payment - 5/1/24	($155,000)	
Less: Principal Payment - 5/1/25	($160,000)	
Current Bonds Outstanding	$7,150,000	

Series 2020-A2, Special Assessment Revenue Bonds		
Interest Rate:	4.000%, 4.125%		
Maturity Date:	5/1/2051		
Reserve Fund Definition	Maximum Annual Debt Service		
Reserve Fund Requirement	$35,578		
Reserve Fund Balance	$35,578		
Bonds Outstanding - 11/12/2020	$1,185,000	
Less: Principal Payment - 5/1/22	($20,000)	
Less: Principal Payment - 5/1/23	($20,000)	
Less: Principal Payment - 5/1/24	($20,000)	
Less: Principal Payment - 5/1/25	($25,000)	
Current Bonds Outstanding	$1,100,000	

	Series 2022, Special Assessment Revenue Bonds		
Interest Rate:	4.375%, 4.750%, 5.000%, 5.125%		
Maturity Date:	5/1/2052		
Reserve Fund Definition	Maximum Annual Debt Service		
Reserve Fund Requirement	$216,663		
Reserve Fund Balance	$216,663		
Bonds Outstanding - 06/15/2022		$7,865,000	
Less: Principal Payment - 5/1/23		($120,000)	
Less: Special Call 11/1/23		($1,195,000)	
Less: Principal Payment - 5/1/24		($105,000)	
Less: Principal Payment - 5/1/25		($110,000)	
Current Bonds Outstanding		$6,335,000	
Cypress Park Estates
COMMUNITY DEVELOPMENT DISTRICT
Special Assessment Receipts Fiscal Year 2025

ON ROLL ASSESSMENTS						
Gross Assessments	$	819,965.14	$	475,807.86	$	76,559.58	$	466,829.35	$  1,839,161.93	
Net Assessments	$	762,567.58	$	442,501.31	$	71,200.41	$	434,151.30	$  1,710,420.59	
	45%	26%	4%	25%	100%	

Date	Distribution	Gross Amount	Discount/Penalty	Commission	Interest	Net Receipts	General Fund	2020 AA1 Debt Service	2020 AA2 Debt Service	2022 Debt Service	Total	

11/10/25	
10/20-10/21/2025	
$	1,701.74	
$	(71.01)	
$	(32.61)	
$	-	
$	1,598.12	
$	712.49	
$	413.45	
$	66.53	
$	405.65	
$	1,598.12	
11/10/25	10/20-10/21/2025	$	1,476.76	$	(61.62)	$	(28.30)	$	-	$	1,386.84	$	618.30	$	358.79	$	57.73	$	352.02	$	1,386.84	
11/21/25	11/01-11/07/25	$	14,516.17	$	(580.64)	$	(278.71)	$	-	$	13,656.82	$	6,088.71	$	3,533.14	$	568.50	$	3,466.47	$	13,656.82	
11/21/25	11/01-11/07/25	$	11,663.80	$	(466.54)	$	(223.95)	$	-	$	10,973.31	$	4,892.31	$	2,838.89	$	456.79	$	2,785.32	$	10,973.31	
11/26/25	11/08-11/15/25	$	8,494.65	$	(339.78)	$	(163.10)	$	-	$	7,991.77	$	3,563.02	$	2,067.54	$	332.68	$	2,028.53	$	7,991.77	
11/26/25	11/08-11/15/25	$	6,998.28	$	(279.91)	$	(134.37)	$	-	$	6,584.00	$	2,935.39	$	1,703.34	$	274.07	$	1,671.20	$	6,584.00	
12/8/25	11/16-11/25/25	$	16,720.49	$	(668.85)	$	(321.03)		$	15,730.61	$	7,013.28	$	4,069.65	$	654.82	$	3,992.86	$	15,730.61	
12/8/25	11/16-11/25/25	$	12,830.18	$	(513.19)	$	(246.34)	$	-	$	12,070.65	$	5,381.53	$	3,122.79	$	502.47	$	3,063.86	$	12,070.65	
12/19/25	11/26-11/30/25	$  803,013.33	$  (32,120.85)	$ (15,417.85)	$	-	$	755,474.63	$	336,818.01	$	195,448.13	$	31,448.47	$	191,760.02	$	755,474.63	
12/19/25	11/26-11/30/25	$  653,172.80	$  (26,126.58)	$ (12,540.92)	$	-	$	614,505.30	$	273,968.77	$	158,978.09	$	25,580.27	$	155,978.17	$	614,505.30	
12/31/25	12/01-12/15/25	$	61,774.47	$	(2,457.75)	$  (1,186.33)	$	-	$	58,130.39	$	25,916.64	$	15,038.86	$	2,419.82	$	14,755.07	$	58,130.39	
12/31/25	12/01-12/15/25	$	50,154.34	$	(1,994.33)	$	(963.20)	$	-	$	47,196.81	$	21,042.06	$	12,210.24	$	1,964.68	$	11,979.83	$	47,196.81	
12/31/25	INV#4652311	$  (10,191.97)	$	-	$	-	$	-	$	(10,191.97)	$	(4,543.94)	$	(2,636.76)	$	(424.27)	$	(2,587.00)	$	(10,191.97)	
12/31/25	INV#4652312	$	(8,199.65)	$	-	$	-	$	-	$	(8,199.65)	$	(3,655.71)	$	(2,121.32)	$	(341.33)	$	(2,081.29)	$	(8,199.65)	
1/9/26	12/16-12/31/25	$	12,666.35	$	(1,764.06)	$	(218.05)	$	-	$	10,684.24	$	4,763.42	$	2,764.11	$	444.76	$	2,711.95	$	10,684.24	
1/9/26	12/16-12/31/25	$	9,312.08	$	(1,390.91)	$	(158.42)	$	-	$	7,762.75	$	3,460.92	$	2,008.29	$	323.14	$	1,970.40	$	7,762.75	
1/29/26	10/01-12/31/25	$	-	$	-	$	-	$	1,569.21	$	1,569.21	$	699.61	$	405.97	$	65.32	$	398.31	$	1,569.21	
1/29/26	10/01-12/31/25	$	-	$	-	$	-	$	1,273.31	$	1,273.31	$	567.69	$	329.42	$	53.00	$	323.20	$	1,273.31	
2/13/26	01/01-01/31/26	$	15,161.33	$	(303.17)	$	(297.16)	$	-	$	14,561.00	$	6,491.82	$	3,767.06	$	606.14	$	3,695.98	$	14,561.00	
2/13/26	01/01-01/31/26	$	11,663.80	$	(233.30)	$	(228.61)	$	-	$	11,201.89	$	4,994.21	$	2,898.03	$	466.31	$	2,843.34	$	11,201.89	
3/13/26	02/01-02/28/26	$	2,767.75	$	-	$	(55.36)	$	-	$	2,712.39	$	1,209.28	$	701.72	$	112.91	$	688.48	$	2,712.39	
3/13/26	02/01-02/28/26	$	2,309.44	$	-	$	(46.19)		$	2,263.25	$	1,009.05	$	585.52	$	94.21	$	574.47	$	2,263.25	
	Total	$ 1,678,006.14	$  (69,372.49)	$ (32,540.50)	$	2,842.52	$	1,578,935.67	$	703,946.86	$	408,484.95	$	65,727.02	$	400,776.84	$  1,578,935.67	

92.31%
$	131,484.92
Net Percent Collected Balance Remaining to Collect