Laurel Road Community Development District

3501 Quadrangle Boulevard, Suite 270, Orlando, FL 32817
Phone 407-723-5900; Fax 407-723-5901
https://laurelroadcdd.com/

The following is the agenda for the meetings of the Auditor Selection Committee and Board of Supervisors for the Laurel Road Community Development District scheduled to be held Wednesday, August 12, 2026, at 12:30 P.M. at 5800 Lakewood Ranch Blvd, Sarasota, FL 34240.

Dial-In:

1-844-621-3956

Access Code:

2536 634 0209

https://pfmcdd.webex.com/join/carvalhov

AUDITOR SELECTION COMMITTEE MEETING AGENDA




Roll Call to Confirm Quorum
Review of Auditing Services Proposals
Grau & Associates
McIntosh
Richie Tandoc
Ranking of Auditing Services Proposals Adjournment




BOARD OF SUPERVISORS’ MEETING AGENDA

Administrative Matters




Roll Call to Confirm Quorum
Public Comment Period [for any members of the public desiring to speak on any proposition before the Board]

1.

Consent Agenda
Minutes of July 8, 2026, Board of Supervisors’ Meeting
Payment Authorization Nos. 148 – 155
Funding Request Nos. 213 – 214
District Financial Statements

Business Matters

2.
3.

Review and Consideration of Auditor Selection Committee Recommendation Consideration of Resolution 2026-07, Adopting Goals, Objectives, and Performance Measures and Standards for Fiscal Year 2027
Public Hearing on the Adoption of the District’s Annual Budget
Public Comments and Testimony
Board Comments
Consideration of Resolution 2026-08, Adopting the Fiscal Year 2026-2027 Budget and Appropriating Funds

4.

5.

Public Hearing on the Imposition of Special Assessments
Public Comments and Testimony
Board Comments

3. Consideration of Resolution 2026-09, Adopting an Assessment Roll for Fiscal

Year 2026-2027, and Certifying Special Assessments for Collection

6.

Consideration of Resolution 2026-10, Adopting the Annual Meeting Schedule for Fiscal Year 2026-2027
Discussion of Off-Duty Officer Assignment for Traffic Calming

7.

Other Business
Staff Reports





District Counsel District Engineer District Manager
Next meeting: September 9, 2026 Field Manager
Lifestyle Director




Supervisor Requests and Comments

Adjournment

Laurel Road Community Development District

AUDITOR SELECTION COMMITTEE MEETING AGENDA




Roll Call to Confirm Quorum
Review of Auditing Services Proposals




Ranking of Auditing Services Proposals
Adjournment

Proposal to Provide
Financial Auditing Services:
LAUREL ROAD
Community Development District

Due Date: July 29, 2026 5:00PM

Submitted to:
Laurel Road
Community Development District c/o District Manager
3501 Quadrangle Blvd, Suite 270
Orlando, Florida 32817

Submitted by:
Antonio J. Grau, Partner Grau & Associates
1001 Yamato Road, Suite 301 Boca Raton, Florida 33431 Tel	(561) 994-9299

Fax

(561) 994-5823

tgrau@graucpa.com www.graucpa.com

Table of Contents

PAGE
EXECUTIVE SUMMARY / TRANSMITTAL LETTER	1
FIRM QUALIFICATIONS	3
FIRM & STAFF EXPERIENCE	6
REFERENCES	11
SPECIFIC AUDIT APPROACH	13
COST OF SERVICES	17
SUPPLEMENTAL INFORMATION	19

July 29, 2026

Laurel Road Community Development District c/o District Manager
3501 Quadrangle Boulevard, Suite 270
Orlando, Florida 32817

Re:

Request for Proposal for Professional Auditing Services for the fiscal year ended September 30, 2026, with an option for two (2) additional annual renewals.

Grau & Associates (Grau) welcomes the opportunity to respond to the Laurel Road Community Development District’s (the “District”) Request for Proposal (RFP), and we look forward to working with you on your audit. We are an energetic and robust team of knowledgeable professionals and are a recognized leader of providing services to Community Development Districts. As one of Florida’s few firms to primarily focus on government, we are especially equipped to provide you with an effective and efficient audit.

Government audits are at the core of our practice: 95% of our work is performing audits for local governments and of that 98% are for special districts. With our significant experience, we are able to increase efficiency, to provide immediate and continued savings, and to minimize disturbances to your operations.

Why Grau & Associates:

Knowledgeable Audit Team
Grau is proud that the personnel we assign to your audit are some of the most seasoned auditors in the field. Our staff performs governmental engagements year-round. When not working on your audit, your team is refining their audit approach for next year’s audit. Our engagement partners have decades of experience and take a hands-on approach to our assignments, which all ensures a smoother process for you.

Servicing your Individual Needs
Our clients enjoy personalized service designed to satisfy their unique needs and requirements. Throughout the process of our audit, you will find that we welcome working with you to resolve any issues as swiftly and easily as possible. In addition, due to Grau’s very low turnover rate for our industry, you also won’t have to worry about retraining your auditors from year to year.

Developing Relationships
We strive to foster mutually beneficial relationships with our clients. We stay in touch year-round, updating, collaborating and assisting you in implementing new legislation, rules and standards that affect your organization. We are also available as a sounding board and assist with technical questions.

Maintaining an Impeccable Reputation
We have never been involved in any litigation, proceeding or received any disciplinary action. Additionally, we have never been charged with, or convicted of, a public entity crime of any sort. We are financially stable and have never been involved in any bankruptcy proceedings.

Complying With Standards
Our audit will follow the Auditing Standards of the AICPA, Generally Accepted Government Auditing Standards, issued by the Comptroller General of the United States, and the Rules of the Auditor General of the State of Florida, and any other applicable federal, state and local regulations. We will deliver our reports in accordance with your requirements.

This proposal is a firm and irrevocable offer for 90 days. We certify this proposal is made without previous understanding, agreement or connection either with any previous firms or corporations offering a proposal for the same items. We also certify our proposal is in all respects fair, without outside control, collusion, fraud, or otherwise illegal action, and was prepared in good faith. Only the person(s), company or parties interested in the project as principals are named in the proposal. Grau has no existing or potential conflicts and anticipates no conflicts during the engagement. Our Federal I.D. number is 20-2067322.

We would be happy to answer any questions or to provide any additional information. We are genuinely excited about the prospect of serving you and establishing a long-term relationship. Please do not hesitate to call or email either of our Partners, Antonio J. Grau, CPA (tgrau@graucpa.com) or Ben Steets, CPA (bsteets@graucpa.com) at 561.994.9299. We thank you for considering our firm’s qualifications and experience.

Very truly yours, Grau & Associates

Antonio J. Grau

2

Firm Qualifications

3

Grau’s Focus and Experience

Our Team

9/16
Employees are CPAS

Year founded

2
Administrative Professionals

3
Partners

11
Professional Staff

Services Provided

Properly registered and licensed professional corporation by the state of FLORIDA

We are proud Members of the American Institute of Certified Public Accountants
&
the Florida Institute of Certified Public Accountants

9
Professional Groups

 External quality review program: consistently receives a pass
 Internal: ongoing monitoring to maintain quality

See next page for report and certificate

AICPA | FICPA | GFOA | FASD | FGFOA

4

5

Firm & Staff Experience

6

Profile Briefs:

Antonio J GRAU, CPA (Partner)
Years Performing Audits: 35+
CPE (last 2 years): Government Accounting, Auditing: 24 hours; Accounting, Auditing and Other: 58 hours
Professional Memberships: AICPA, FICPA, FGFOA, GFOA

Ben Steets, CPA (Partner)
Years Performing Audits: 10+
CPE (last 2 years): Government Accounting, Auditing: 28 hours; Accounting, Auditing and Other: 88 hours
Professional Memberships: AICPA, FICPA, FGFOA, FASD

“Here at Grau & Associates, staying up to date with the current technological landscape is one of our top priorities. Not only does it provide a more positive experience for our clients, but it also allows us to perform a more effective and efficient audit. With the every changing technology available and utilized by our clients, we are constantly innovating our audit process.”
Tony Grau
“Quality audits and exceptional client service are at the heart of every decision we make. Our clients trust us to deliver a quality audit, adhering to high standards and assisting them with improvements for their organization.”
Ben Steets

7

GRAU AND ASSOCIATES COMMUNITY DEVELOPMENT DISTRICT EXPERIENCE BY MANAGEMENT COMPANY

OTHER
19	PFM
12
WRATHELL 30
GMS 78
INFRAMARK 38

MERITUS
SDS	RIZZETTA	23
60	47

YOUR ENGAGEMENT TEAM

Grau’s client-specific engagement team is meticulously organized in order to meet the unique needs of each client. Constant communication within our solution team allows for continuity of staff and audit team. The Certified Information Technology Professional (CITP) Partner will bring

a unique blend of IT expertise statement audit of the District.

and

understanding of

accounting principles

to

the

financial

Engagement Partner

Your
Successful Audit

Audit Manager

CITP Partner

Audit Senior

The assigned personnel will work closely with the partner and the District to ensure that the financial statements and all other reports are prepared in accordance with professional standards and firm policy.
Responsibilities will include planning the audit; communicating with the client and the partners the progress of the audit; and
determining that financial statements and all reports issued by the firm are accurate, complete and are prepared in accordance with professional standards and firm policy.

The Engagement Partner will participate extensively during the various stages of the engagement and has direct responsibility for engagement policy, direction, supervision, quality control, security, confidentiality of information of the engagement and communication with client personnel. The engagement partner will also be involved directing the development of the overall audit approach and plan; performing an overriding review of work papers and ascertain client satisfaction.

8

Antonio ‘Tony ‘J. Grau, CPA
Partner
Contact: tgrau@graucpa.com | (561) 939-6672

Experience
For over 30 years, Tony has been providing audit, accounting and consulting services to the firm’s governmental, non-profit, employee benefit, overhead and arbitrage clients. He provides guidance to clients regarding complex accounting issues, internal controls and operations.
As a member of the Government Finance Officers Association Special Review Committee, Tony participated in the review process for awarding the GFOA Certificate of Achievement in Financial Reporting. Tony was also the review team leader for the Quality Review of the Office of Management Audits of School Board of Miami-Dade County. Tony received the AICPA advanced level certificate for governmental single audits.

Education
University of South Florida (1983)
Bachelor of Arts Business Administration

Clients Served (partial list)
(>300) Various Special Districts, including:

Bayside Improvement Community Development District Dunes Community Development District
Fishhawk Community Development District (I, II, IV) Grand Bay at Doral Community Development District Heritage Harbor North Community Development District

St. Lucie West Services District
Ave Maria Stewardship Community District Rivers Edge II Community Development District Bartram Park Community Development District
Bay Laurel Center Community Development District

Boca Raton Airport Authority Greater Naples Fire Rescue District
Key Largo Wastewater Treatment District Lake Worth Drainage District
South Indian River Water Control

Professional Associations/Memberships
American Institute of Certified Public Accountants Florida Government Finance Officers Association Florida Institute of Certified Public Accountants Government Finance Officers Association Member City of Boca Raton Financial Advisory Board Member

Professional Education (over the last two years)
Course
Government Accounting and Auditing Accounting, Auditing and Other
Total Hours

Hours
24
58
82 (includes of 4 hours of Ethics CPE)

9

Ben Steets, CPA, Partner
Contact : bsteets@graucpa.com / (561) 939-6669

Experience
Grau & Associates Grau & Associates Grau & Associates Grau & Associates
PCAOB Registered Firm

Partner Manager

2023-Present 2021-2023

Senior Auditor	2018-2021
Staff Auditor	2016-2018
Staff Auditor	2015-2016

Education
Florida Atlantic University (2015)

Clients Served (partial list)

(>300) Various Special Districts Careersource Polk
Central Broward Water Control District Dunes Community Development District Greater Naples Fire Rescue District
Key Marco Community Development District Lake Worth Drainage District
Mae Volen Senior Center
Port of the Islands Community Improvement District

San Carlos Park Fire and Rescue Service District Sanibel Fire and Rescue District
South Broward Drainage District South Trail Fire and Rescue District Town of Highland Beach
Town of Lauderdale-By-The-Sea
Verona Walk Community Development District West Villages Improvement District
Winding Cypress Community Development District

Professional Education (over the last two years)

Course
Government Accounting and Auditing Accounting, Auditing and Other
Total Hours

Hours
28
88
116 (includes 4 hours of Ethics CPE)

Professional Associations/Memberships American Institute of Certified Public Accountants Florida Institute of Certified Public Accountants

10

References

11

We have included three references of government engagements that require compliance with laws and regulations, follow fund accounting, and have financing requirements, which we believe are similar to the District.

 Dunes Community Development District	

Scope of Work Engagement Partner Dates
Client Contact

Financial audit Antonio J. Grau Annually since 1998
Darrin Mossing, Finance Director 475 W. Town Place, Suite 114
St. Augustine, Florida 32092

	904-940-5850	

 Two Creeks Community Development District	

Scope of Work Engagement Partner Dates
Client Contact

Financial audit Antonio J. Grau Annually since 2007
William Rizzetta, President 3434 Colwell Avenue, Suite 200
Tampa, Florida 33614

	813-933-5571	

 Journey’s End Community Development District	

Scope of Work Engagement Partner Dates
Client Contact

Financial audit Antonio J. Grau Annually since 2004
Todd Wodraska, Vice President
2501 A Burns Road
Palm Beach Gardens, Florida 33410

	561-630-4922	

12

Specific Audit
Approach

13

AUDIT APPROACH
Grau’s Understanding of Work Product / Scope of Services:
We recognize the District is an important entity and we are confident our firm is eminently qualified to meet the challenges of this engagement and deliver quality audit services. You would be a valued client of our firm and we pledge to commit all firm resources to provide the level and quality of services (as described below) which not only meet the requirements set forth in the RFP but will exceed those expectations. Grau & Associates fully understands the scope of professional services and work products requested. Our audit will follow the Auditing Standards of the AICPA, Generally Accepted Government Auditing Standards, issued by the Comptroller General of the United States, and the Rules of the Auditor General of the State of Florida and any other applicable Federal, State of Local regulations. We will deliver our reports in accordance with your requirements.

Proposed segmentation of the engagement
Our approach to the audit engagement is a risk-based approach which integrates the best of traditional auditing techniques and a total systems concept to enable the team to conduct a more efficient and effective audit. The audit will be conducted in three phases, which are as follows:

PHASE I:
Preliminary Planning

PHASE II:
Execution of the Audit Plan

PHASE III:
Completion and Delivery

Phase I - Preliminary Planning

A thorough understanding of your organization, service objectives and operating environment is essential for the development of an audit plan and for an efficient, cost-effective audit. During this phase, we will meet with appropriate personnel to obtain and document our understanding of your operations and service objectives and, at the same time, give you the opportunity to express your expectations with respect to the services that we will provide. Our work effort will be coordinated so that there will be minimal disruption to your staff.

During this phase we will perform the following activities:

Review the regulatory, statutory and compliance requirements. This will include a review of applicable federal and state statutes, resolutions, bond documents, contracts, and other

»

agreements;
Read minutes of meetings;
Review major sources of information such as budgets, organization charts, procedures, manuals, financial systems, and management information systems;
Obtain an understanding of fraud detection and prevention systems;
Obtain and document an understanding of internal control, including knowledge about the design of relevant policies, procedures, and records, and whether they have been placed in operation;
Assess risk and determine what controls we are to rely upon and what tests we are going to perform and perform test of controls;
Develop audit programs to incorporate the consideration of financial statement assertions, specific audit objectives, and appropriate audit procedures to achieve the specified objectives; Discuss and resolve any accounting, auditing and reporting matters which have been identified.

»
»

»
»

»

»

»

14

Phase II – Execution of Audit Plan
The audit team will complete a major portion of transaction testing and audit requirements during this phase. The procedures performed during this period will enable us to identify any matter that may impact the completion of our work or require the attention of management. Tasks to be performed in Phase II include, but are not limited to the following:
» Apply analytical procedures to further assist in the determination of the nature, timing, and extent of auditing procedures used to obtain evidential matter for specific account balances or classes of transactions;
» Perform tests of account balances and transactions through sampling, vouching, confirmation and other analytical procedures; and
» Perform tests of compliance.
Phase III - Completion and Delivery

In this phase of the audit, we will complete the tasks related to year-end balances and financial reporting. All reports will be reviewed with management before issuance, and the partners will be available to meet and discuss our report and address any questions. Tasks to be performed in Phase III include, but are not limited to the following:

» Perform final analytical procedures;
» Review information and make inquiries for subsequent events; and
» Meeting with Management to discuss preparation of draft financial statements and any potential findings or recommendations.

You should expect more from your accounting firm than a signature in your annual financial report. Our concept of truly responsive professional service emphasizes taking an active interest in the issues of concern to our clients and serving as an effective resource in dealing with those issues. In following this approach, we not only audit financial information with hindsight but also consider the foresight you apply in managing operations.

Application of this approach in developing our management letter is particularly important given the increasing financial pressures and public scrutiny facing today’s public officials. We will prepare the management letter at the completion of our final procedures.

In preparing this management letter, we will initially review any draft comments or recommendations with management. In addition, we will take necessary steps to ensure that matters are communicated to those charged with governance.

In addition to communicating any recommendations, we will also communicate the following, if any:

» Significant audit adjustments;
» Significant deficiencies or material weaknesses;
» Disagreements with management; and
» Difficulties encountered in performing the audit.

15

Our findings will contain a statement of condition describing the situation and the area that needs strengthening, what should be corrected and why. Our suggestions will withstand the basic tests of corrective action:

Is the recommendation cost effective?

Is the recommendation the simplest to effectuate in order to correct a problem?

Is the recommendation at the heart of the problem and not just correcting a symptomatic matter?

Is the corrective action taking into account why the deficiency occurred?

To assure full agreement with facts and circumstances, we will fully discuss each item with Management prior to the final exit conference. This policy means there will be no “surprises” in the management letter and fosters a professional, cooperative atmosphere.

Communications
We emphasize a continuous, year-round dialogue between the District and our management team. We regularly communicate through personal telephone calls and electronic mail throughout the audit and on a regular basis.

Our clients have the ability to transmit information to us on our secure client portal with the ability to assign different staff with separate log on and viewing capability. This further facilitates efficiency as all assigned users receive electronic mail notification as soon as new information has been posted into the portal.

16

Cost of Services

17

Our proposed all-inclusive fees for the financial audit for the fiscal years ended September 30, 2026-2028 are as follows:

  Year Ended September 30,	

	Fee	

2026

$6,000

2027

$6,200

2028

$6,400

$18,600

TOTAL (2026-2028)

The above fees are based on the assumption that the District maintains its current level of operations and are inclusive of the issuance of the Series 2026 Bonds that occurred on June 24, 2026. The issuance of any additional bonds is outside the scope of these fees and would result in an additional fee for the affected fiscal year(s), to be agreed upon in advance. Should the District's level of operations otherwise change, fees would be adjusted accordingly.

18

Supplemental Information

19

PARTIAL LIST OF CLIENTS

20

Governmental Audit

Single Audit

Utility Audit

Current Client

Year End

Boca Raton Airport Authority







9/30

Captain's Key Dependent District





9/30

Central Broward Water Control District





9/30

Collier Mosquito Control District





9/30

Coquina Water Control District





9/30

East Central Regional Wastewater Treatment Facility





9/30

Florida Green Finance Authority



9/30

Greater Boca Raton Beach and Park District





9/30

Greater Naples Fire Control and Rescue District







9/30

Green Corridor P.A.C.E. District





9/30

Hobe-St. Lucie Conservancy District





9/30

Indian River Farms Water Control District





9/30

Indian River Mosquito Control District



9/30

Indian Trail Improvement District





9/30

Key Largo Wastewater Treatment District









9/30

Lake Asbury Municipal Service Benefit District





9/30

Lake Padgett Estates Independent District





9/30

Lake Worth Drainage District





9/30

Lealman Special Fire Control District





9/30

Loxahatchee Groves Water Control District



9/30

Old Plantation Water Control District





9/30

Pal Mar Water Control District





9/30

Pinellas Park Water Management District





9/30

Pine Tree Water Control District (Broward)





9/30

Pinetree Water Control District (Wellington)



9/30

Port of The Islands Community Improvement District







9/30

Ranger Drainage District







9/30

Renaissance Improvement District





9/30

San Carlos Park Fire Protection and Rescue Service District





9/30

Sanibel Fire and Rescue District



9/30

South Central Regional Wastewater Treatment and Disposal Board



9/30

South Indian River Water Control District







9/30

South Trail Fire Protection & Rescue District





9/30

Spring Lake Improvement District





9/30

St. Lucie West Services District







9/30

Sunrise Lakes Phase IV Recreation District





9/30

Sunshine Water Control District





9/30

Sunny Hills Units 12-15 Dependent District





9/30

West Villages Improvement District





9/30

Various Community Development Districts (452)





9/30

TOTAL

491

5

4

484

ADDITIONAL SERVICES

CONSULTING / MANAGEMENT ADVISORY SERVICES

Grau & Associates also provide a broad range of other management consulting services. Our expertise has been consistently utilized by Governmental and Non-Profit entities throughout Florida. Examples of engagements performed are as follows:

Accounting systems
Development of budgets
Organizational structures
Financing alternatives
IT Auditing

Fixed asset records
Cost reimbursement
Indirect cost allocation
Grant administration and compliance

ARBITRAGE

The federal government has imposed complex rules to restrict the use of tax-exempt financing. Their principal purpose is to eliminate any significant arbitrage incentives in a tax-exempt issue. We have determined the applicability of these requirements and performed the rebate calculations for more than 150 bond issues, including both fixed and variable rate bonds.

Current Arbitrage Calculations

73

We look forward to providing Laurel Road Community Development District with our resources and experience to accomplish not only those minimum requirements set forth in your Request for Proposal, but to exceed those expectations!

For even more information on Grau & Associates please visit us on www.graucpa.com.

21

Independent Audit Service Proposal

2385 NW Executive Center Dr.
Boca Raton, FL 33431
rmcintoshcpa.com

Prepared for Laurel Road Community Development District
Prepared By: McIntosh CPA

July 29, 2026

Table of Contents
Transmittal Letter	2

Statement of Understanding and Scope of Work	3

Qualifications, and Experience	6

Personnel	7

Schedule of Fees	8

Appendix	9

1

Transmittal Letter

July 29, 2026

Board of Supervisors
Laurel Road Community Development District Sarasota County, FL

McIntosh CPA is pleased to submit this proposal to provide annual auditing services for the Laurel Road Community Development District (the "District"). Our firm specializes in auditing services for governmental entities, including special districts, ensuring compliance with Florida Statutes, Government Auditing Standards (Yellow Book), and the requirements set forth by the Florida Auditor General. We are a Woman & Minority Business certified by the State of Florida.

While the firm is new, the managing partner has been providing auditing services to special districts for over 18 years and has an impeccable reputation among former clients. With this experience and knowledge, we are uniquely qualified and ready to assist the District with the audit services needed. We are confident that we will not only provide the services required but exceed expectations.

We understand the importance of accountability and fiscal responsibility in government operations. Our audit methodology is designed to provide an efficient, thorough, and collaborative review process while minimizing disruption to your daily operations. Additionally, we are committed to maintaining open communication and delivering clear, actionable recommendations to support the District’s financial integrity and operational efficiency.

We have an established reputation for delivering high-quality, timely, and efficient audits. With our extensive experience, we are confident in our ability to provide the District with the highest level of professional service. We acknowledge that this proposal is valid for ninety (90) days following submission.

We thank you for the opportunity to provide a proposal and look forward to working with the District’s team. Please do not hesitate to contact Racquel McIntosh at 2385 NW Executive Center Dr., Suite 100, Boca Raton FL 33431, 561-981-6282, or mcintoshcpa@outlook.com with any questions.

Sincerely,

Racquel McIntosh, CPA President

2

Statement of Understanding and Scope of Work
The Laurel Road Community Development District requires independent audit services for the fiscal years ending September 30, 2026, with an option for two additional one-year renewals. Our firm understands that the audit must comply with:

Chapter 218.39, Florida Statutes
Florida Auditor General’s Rules
Government Auditing Standards (Yellow Book)
Licensure under Chapter 473

The audit will include an examination of the District’s financial records, internal controls, and compliance with applicable laws and regulations.

AUDIT TIMELINE

We recognize the importance of adhering to the District’s annual audit deadline of June 1st and are fully committed to ensuring a timely and efficient audit process. Racquel McIntosh will be responsible for the firm meeting the required deadline. Our team will strategically plan and execute the audit to ensure that the draft and auditor’s reports are completed well in advance of the deadline, allowing ample time for review and discussion. Additionally, we will maintain open communication throughout the engagement to address any concerns promptly and ensure a smooth and seamless audit experience.

SCOPE OF WORK

Conduct an independent audit in accordance with Government Auditing Standards
Evaluate internal controls and compliance with Florida statutes
Issue audited financial statements with findings and recommendations
Report to the Board of Supervisors on the audit findings
Provide ongoing support for financial and compliance questions

The audit will be performed in the three phases below;

Planning

Fieldwork

Reporting

3

AUDIT PLANNING

This is the most critical part of an audit, as a well planned audit determines the flow and efficiency for the entire audit. Planning consists of the following segments:

Obtain an understanding of the District – we will gain an understanding of the District in order to perform risk assessment for the various segments of the audit. It involves reviewing the policies and procedures, documenting the internal controls of the District, including compliance requirements, and making an initial assessment of inherent risk in order to determine the preliminary risk of material misstatement to the financial statements. It also includes gaining an understanding of the District's IT environment and how that affects
financial reporting.

IT Assessment – we will discuss with management and document the District’s IT infrastructure, including; general controls over the network and the accounting software, and specific controls within the accounting software. We will also discuss access, backups, disaster recovery, and virus protection. These discussions will assist in determining if the IT
infrastructure is adequate to reduce any material financial statement misstatements.

Preliminary analytics – current vs prior year review of accounts to determine and document
causes for fluctuations.

Risk Assessment - Used in conjunction with other planning items above to dictate further audit
procedures.

FIELDWORK

Based on the risk assessment results from planning, a combination of analytical procedures, detail test of transactions, and use of audit confirmations will be applied by the
auditor.

Analytical procedures – these will consist of revenue and expenditure variances from the prior year, variances with the budget, calculating revenue expectations, and reviewing trend
analysis for anomalies.

Test of details – these will consist of tracing and vouching transactions to and from the
accounting records. Will also include testing bond compliance.

4

Audit confirmations – these will be sent to attorneys, tax collector, bond trustees, and other
entities as deemed necessary.

REPORTING

Once the fieldwork has been completed, a draft of the financial statements along with all related audit reports will be prepared for management’s review. McIntosh CPA utilizes a memo to management regarding findings and recommendations not deemed significant and therefore not included in any of the audit reports. The memo will detail the observation and provide a recommendation for corrective action. No management response is required since it will not be presented in any audit report. Before a finding is reported in the audit report, a determination is made as to why the issue occurred and whether it was a one-time occurrence. We ensure that reporting items in the audit report are necessary and that
recommendations are cost beneficial.

For all three phases above, if deficiencies or discrepancies are identified, management will

be informed immediately to give them a chance
information or put corrective measures in place.

to

research

and

provide

additional

5

Qualifications and Experience
INDEPENDENCE

We affirm that McIntosh CPA is independent with respect to the District. We meet the independence standards of Generally Accepted Auditing Standards and the U.S. Government Accountability Office’s Government Auditing Standards.

FIRM QUALIFICATIONS

Licensed under Chapter 473, Florida Statutes
Over 18 years of experience auditing governments
Demonstrated expertise in auditing special districts and financials
Strong track record of timely report delivery and responsiveness

The services as outlined in the statement of understanding will be overseen by Racquel McIntosh CPA, who brings over 18 years of exemplary service in the government auditing and accounting industry. In her previous role, she was an audit partner providing auditing services to municipalities and special districts throughout the State of Florida and was in charge of audit quality for the firm. In addition, she assisted clients with internal policy review, internal control best practices and implementation, and assisted with implementation of accounting software and accounting standards.

Further, she has met the educational requirements for CPAs set forth under Florida Statutes and the Government Auditing Standards (Yellow Book) issued by the Government Accountability Office (GAO). See next page for resume.

Value-Added Service

In addition to providing audit services for the District, Racquel provides an annual training session for the District accounting staff which will include; reviewing items found in the previous year’s audit, accounting treatment for certain transactions, how to respond to auditor inquiry, how to analyze financial statements, and new accounting standards and regulations applicable to the upcoming audit year.

REFERENCES

Below are three districts that the engagement partner has worked on with the named management companies. In total, the engagement partner oversaw and worked on over 200 CDDs.

6

CATALINA AT WRINKLER PRESERVE COMMUNITY DEVELOPMENT DISTRICT

Rizzetta & Company
3434 Colwell Avenue, Suite 200
Tampa, FL 33614

BERRY BAY COMMUNITY DEVELOPMENT DISTRICT

Meritus
2005 Pan Am Circle, Suite 300
Tampa, FL 33607

BRIGHTON LAKES COMMUNITY DEVELOPMENT DISTRICT

Inframark
210 N University Drive Coral Springs, FL 33071

7

8

Schedule of Fees
Below are the all-inclusive fees for the District’s annual financial statement audit

The above fees are based on the District not issuing Bonds in fiscal year 2027 or 2028. If
Bonds are issued, then fees will be renegotiated.

9

Fiscal Year

Proposed Fee

2026

$5,000

2027

$5,200

2028

$5,400

Appendix

10

Laurel Road CDD
Auditor Selection - Manager's Recommended Rankings

Criteria

Possible Points

Grau & Associates

Grau & Associates Rec. Points

Richie Tandoc, P.A.

Richie Tandoc, Rec. Points

McIntosh CPA

McIntosh Rec. Points

Ability of Personnel

20.0

Qualified, Multiple CPAs on Staff

20.0

Qualified, Multiple CPAs on Staff

20.0

One Qualified CPA on Staff

20.0

Proposer's Experience

20.0

Extensive CDD
Experience

20.0

Extensive CDD
Experience

20.0

Some CDD
Experience

20.0

Understanding of Scope of Work

20.0

Sufficient

20.0

Sufficient

20.0

Sufficient

20.0

Ability to Furnish Required Services

20.0

Capable

20.0

Capable

20.0

Capable

20.0

Price for Services for Three Years

20.0

$6,000 +
$6,200 +
$6,400 =
$18,600

14.5

$4,800 +
$4,800 +
$5,000 =
$14,600

20.0

$5,000 +
$5,200 +
$5,400 =
$15,600

18.6

Total

100.0

94.5

100.0

98.6

Laurel Road Community Development District

BOARD OF SUPERVISORS’ MEETING AGENDA

Administrative Matters

Roll Call to Confirm Quorum
Public Comment Period

Laurel Road Community Development District

Consent Agenda

Laurel Road Community Development District

Minutes of the July 8, 2026, Board of Supervisors’ Meeting

MINUTES OF MEETING

LAUREL ROAD COMMUNITY DEVELOPMENT DISTRICT BOARD OF SUPERVISORS’ MEETING
Wednesday, July 8, 2026, at 12:30 p.m.
5800 Lakewood Ranch Blvd, Sarasota, FL 34240

Board Members present: Pete Williams Janice Snow John Blakley Dale Weidemiller
John Leinaweaver

Chairperson Vice Chairperson
Assistant Secretary Assistant Secretary Assistant Secretary

(via phone) (via phone)

Also present:
Vivian Carvalho Kwame Jackson Amanda Lane Tom Panaseny Venessa Ripoll

PFM MS – District Manager PFM MS – ADM
PFM MS – District Accountant
Neal Land & Neighborhoods – Developer PFM MS – District Manager

(via phone) (via phone) (via phone)
(via phone)

John McKay Bobbi Claybrooke Sydney Pollock Jeff Ramer
Jim Schier Racheal Meade Jennifer Villareal
Kristen Oriente

J.H. McKay, LLC – Consultant
AM Engineering – District Engineer WTS – Lifestyle Director
Field Services Operation Manager Neal Communities – Developer PFM MS-District Manager

(via phone) (via phone) (via phone)

FIRST ORDER OF BUSINESS

Administrative Matters

Roll Call

The Board of Supervisors’ Meeting for Laurel Road CDD was called to order at 12:38 p.m. Those in attendance are outlined above either in person or via speakerphone.

Public Comment Period

Ms. Villareal provided an update on the agreement.

Mr. Williams commented on payment process.

1 | P a g e 

Consent Agenda Items #1 – 13

1.

Minutes of the June 10, 2026, Board of Supervisors’ Meeting Minutes of the June 10, 2026,

2.

Auditor	Selection Meeting

Committee

3.

Kimley-Horn

Proposal

for

Directional Bore General Permit Application

4.

Rayco Electric Proposal for Gate Operator GFCI Outlet Installation Safetouch Proposal for Main Gate Camera Replacement
District Financial Statements

5.

6.

The Board reviewed the consent agenda items.

SECOND ORDER OF BUSINESS

Business Matters

Consideration of Trimmers Three-Year Proposal for Holiday Light Decor

Ms. Snow noted that this is the second year with Trimmers and it is part of their budget. Ms. Snow noted that this is the second year of the contract already in place.

2 | P a g e 

ON MOTION by Mr. Blakley, seconded by Mr. Williams, with all in favor, the Board approved Consideration of Trimmers Three-Year Proposal for Holiday Light Décor.

ON MOTION by Mr. Williams, seconded by Mr. Blakely, with all in favor, the Board approved the Consent Agenda items 1 - 13.

Consideration	of	Advanced	Aquatics Service Renewal Letter

Ms. Carvalho noted that there is an increase of $76 more per month due to associated costs.

Consideration of Impact Landscaping Hurricane Plan Pricing

Ms. Carvalho explained the need from the Landscaping to provide a Hurricane Preparedness Proposal in anticipation of a potential Hurricane.

THIRD ORDER OF BUSINESS

Other Business

Staff Reports

District Counsel –

Not present.

District Engineer –

Rebid of Laurel Road will be taking place soon. Currently working on modification of the documents to be submitted soon. Bidders will be notified

on July 30th, a pre-bid meeting on August September 9th.

6th,

and bids are due by

The Board questioned if there was an expectation of changing dates due to increases and decreases from the state and their involvement. Ms. Claybrooke stated there was no expectation of changing the date and that
increases or decreases would potentially alter the plans on non-required items.

3 | P a g e 

ON MOTION by Mr. Williams, seconded by Ms. Snow, with all in favor, the Board approved Consideration of Impact Landscaping Hurricane Plan Pricing.

ON MOTION by Mr. Williams, seconded by Mr. Blakely, with all in favor, the Board accepted the Consideration of Advanced Aquatics Service Renewal Letter.

District Manager –

Ms. Carvalho noted the next Board meeting is scheduled for August 12, 2026, at 12:30 p.m. and will include the finalization and approval of the budget for 2027. All residents will receive notice due to the increase.

Field Services Operation Manager – No report.

Lifestyle Director – No report.

Audience	Comments	and Requests

Supervisor

FOURTH ORDER OF BUSINESS

Adjournment

There was no further business to discuss.

Secretary / Assistant Secretary

Chairperson / Vice Chairperson

4 | P a g e 

ON MOTION by Mr. Williams, seconded by Ms. Snow, with all in favor, the Board of Supervisors’ Meeting for the Laurel Road Community Development District adjourned the meeting at 12:52 p.m.

Laurel Road Community Development District

Payment Authorization Nos. 148 – 155

LAUREL ROAD COMMUNITY DEVELOPMENT DISTRICT
Payment Authorizations Nos. 148 - 155

PA #

Description

Amount

Total

148

Advanced Aquatic Services

$	1,888.00

Alsco

$	75.83

Clean Sweep Parking Lot Maintenance

$	950.00

Daystar Exterior Cleaning

$	450.00

Doody Free 941

$	234.00

Florida Natural Gas

$	8.15

FPL

$	3,495.37

Impact Landscaping & Irrigation

$	15,334.67

$	1,986.00

$	3,535.41

$20,856.08

Jan-Pro of Manasota

$	87.20

$	1,325.67

$1,412.87

NaturZone

$	210.00

Neal Land & Neighborhoods

$	3,375.00

Pye Barker Fire & Safety

$	133.00

S&G Pools

$	1,552.00

Safetouch

$	2,034.55

$	1,538.46

$3,573.01

TieTechnology

$	73.38

USA Today

$	462.50

Valley

$	2,147.65

VGlobalTech

$	160.00

Vogler Ashton

$	6,987.00

WTS International

$	2,162.00

$50,205.84

149

Alsco Uniforms

$	75.83

AM Engineering

$	973.00

Daystar Exterior Cleaning

$	1,530.00

FitRev

$	250.00

Florida Centerline Group

$	410.00

Geiger

$	432.29

PFM Management Services

$	4,625.00

$	51.49

$4,676.49

Supervisor Fees

$	200.00

$	200.00

$	200.00

$	200.00

$	200.00

$1,000.00

Verizon Business

$	74.88

WTS International

$	13.99

$9,436.48

150

City of Venice

$	2,083.88

$	7.28

$	19.42

$	232.80

$	13.49

$	151.26

$	677.48

$	214.56

$	3.80

$	3,038.11

$	403.95

$	387.73

$7,233.76

Comcast Business

$	1,474.62

$	194.95

$1,669.57

Dex Imaging

$	74.45

Floridian Environmental Landscape

$	3,200.00

FPL

$	33.61

$	47.32

$	49.40

$130.33

PFM Financial Advisors

$	25,500.00

Tri County Air

$	86.00

WTS International

$	2,475.70

$	40,369.81

151

Alsco Uniforms

$	75.83

FPL

$	2,854.81

GreatAmerica Financial Services

$	369.16

Navitas Credit Corp.

$	2,822.10

Neal Land & Neighborhoods

$	164.37

Rayco Electric

$	860.00

TECO

$	66.75

Tyree Brown, Arborist

$	500.00

WTS International

$	2,416.14

$	10,129.16

152

Advanced Aquatic Services

$	1,888.00

Clean Sweep Parking Lot Maintenance

$	950.00

Comcast Business

$	184.95

Doody Free 941

$	234.00

Florida Natural Gas

$	11.03

FPL

$	3,401.47

Impact Landscaping & Irrigation

$	15,334.67

$	1,986.00

$	3,535.41

$	118.00

$	20,974.08

Jan-Pro of Manasota

$	1,325.67

NaturZone

$	210.00

PFM Management Services

$	250.00

Safetouch

$	2,034.55

$	1,538.46

$	3,573.01

S & G Pools

$	1,552.00

Southern Land Services of SW Florida

$	525.00

TieTechnology

$	73.38

Valley

$	1,981.78

WTS International

$	2,162.00

$	139.93

$	37.56

$	2,339.49

Xfinity

$	100.00

$39,573.86

153

Alsco Uniforms

$	75.83

AM Engineering

$	541.00

USA Today

$	501.00

WTS International

$	76.50

$	2,371.73

$	2,448.23

$	3,566.06

154

Comcast Business

$	1,474.62

David Harvey Electric Co

$	510.75

Daystar Exterior Cleaning

$	1,530.00

FPL

$	34.60

$	2,929.86

$	46.65

$	46.35

$	3,057.46

PFM Financial Advisors

$	2,000.00

PFM Management Services

$	4,625.00

$	17.99

$	4,642.99

Safetouch

$	1,625.60

Supervisor Fees

$	200.00

$	200.00

$	200.00

$	200.00

$	200.00

$	1,000.00

Verizon Business

$	74.90

VGlobalTech

$	300.00

$	160.00

$	460.00

WTS International

$	25.22

$	16,401.54

155

Alsco Uniforms

$	75.83

City of Venice

$	2,083.88

$	7.28

$	19.42

$	232.80

$	13.49

$	151.26

$	677.48

$	214.56

$	3.80

$	3,044.29

$	380.72

$	373.93

$	7,202.91

Comcast Business

$	194.95

Navitas Credit Corp

$	2,465.17

TECO

$	70.50

WTS International

$	99.00

$	10,108.36

Total

$179,791.11

Laurel Road Community Development District

Funding Request Nos. 213 – 214

LAUREL ROAD COMMUNITY DEVELOPMENT DISTRICT

Funding Requests Nos. 213 - 214

.

FR #

Description

Amount

Total

213

AM Engineering

$	4,993.00

Mike Armstrong

$	4,657.45

$	13,050.95

$	74,283.79

$91,992.19

$96,985.19

214

AM Engineering

$	4,700.00

$4,700.00

Total

$101,685.19

Laurel Road Community Development District

District Financial Statements

Laurel Road
Community Development District
June 2026 Financial Package

June 30, 2026

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

Laurel Road CDD
Statement of Financial Position As of 6/30/2026

Debt Service Fund

Capital Projects Fund

General Fund

Long-Term Debt

Total

Assets

Current Assets
General Checking Account Accounts Receivable Prepaid Expenses Deposits
Due From Other Funds
Series 2021A1 Debt Service Reserve Series 2021A2 Debt Service Reserve Series 2026 Debt Service Reserve Series 2021A Revenue
Series 2021A2 Interest Series 2021A1 Prepayment Series 2021A2 Prepayment
Series 2026 Capitalized Interest Construction Checking Account
Accounts Receivable - Due from Developer Series 2026 Acquisition/Construction Series 2026 Cost of Issuance
Prepaid Expenses Deposits
Total Current Assets

$

104,478.10
930.81
12,369.15
4,350.00

$

104,478.10
930.81
12,369.15
4,350.00
1,821.83
326,871.88
54,296.88
197,422.50
297,699.72
4,729.33
166.04
266,320.83
109,906.15
5,567.51
103,971.21
5,107,284.00
24,580.00
336.22
50.00

$

1,821.83
326,871.88
54,296.88
197,422.50
297,699.72
4,729.33
166.04
266,320.83
109,906.15

$

5,567.51
103,971.21
5,107,284.00
24,580.00
336.22
50.00

$

122,128.06

$

1,259,235.16

$

5,241,788.94

$

-

$

6,623,152.16

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

1,257,413.33
18,752,586.67

1,257,413.33
18,752,586.67

$

-

$

-

$

-

$

20,010,000.00

$

20,010,000.00

Total Assets

$

122,128.06

$

1,259,235.16

$

5,241,788.94

$

20,010,000.00

$

26,633,152.16

Laurel Road CDD
Statement of Financial Position As of 6/30/2026

Debt Service Fund

Capital Projects Fund

General Fund

Long-Term Debt

Total

Liabilities and Net Assets

Current Liabilities Accounts Payable Deferred Revenue Accounts Payable Retainage Payable Deferred Revenue
Total Current Liabilities

$

13,825.77
1,430.81

$

13,825.77
1,430.81
689,359.19
24,212.40
103,971.21

$

689,359.19
24,212.40
103,971.21

$

15,256.58

$

-

$

817,542.80

$

-

$

832,799.38

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

$

20,010,000.00

$

20,010,000.00

$

-

$

-

$

-

$

20,010,000.00

$

20,010,000.00

$

15,256.58

$

-

$

817,542.80

$

20,010,000.00

$

20,842,799.38

Total Liabilities

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

$

(16,545.33)
126,143.91
(2,727.10)

$

(16,545.33)
126,143.91
(2,727.10)

Net Assets, Unrestricted
Current Year Net Assets, Unrestricted

$

1,142,003.21
117,231.95

1,142,003.21
117,231.95

Net Assets, Unrestricted
Current Year Net Assets, Unrestricted

$

(99,574.77)
4,523,820.91

(99,574.77)
4,523,820.91

Total Net Assets

$

106,871.48

$

1,259,235.16

$

4,424,246.14

$

-

$

5,790,352.78

Total Liabilities and Net Assets

$

122,128.06

$

1,259,235.16

$

5,241,788.94

$

20,010,000.00

$

26,633,152.16

Laurel Road CDD Statement of Activities As of 6/30/2026

Debt Service Fund

Capital Projects Fund

Long-Term Debt

General Fund

Total

Revenues

On-Roll Assessments Off-Roll Assessments
Other Income & Other Financing Sources On-Roll Assessments
Other Assessments
Inter-Fund Group Transfers In Debt Proceeds
Developer Contributions
Other Income & Other Financing Sources Inter-Fund Transfers In
Debt Proceeds
Total Revenues

$

524,175.83
257,592.82
2,405.40

$

524,175.83
257,592.82
2,405.40
655,826.85
870,299.39
1,151.31
422,128.65
234,656.80
99,067.50
33,052.50
5,313,364.00

$

655,826.85
870,299.39
1,151.31
422,128.65

$

234,656.80
99,067.50
33,052.50
5,313,364.00

$

784,174.05

$

1,949,406.20

$

5,680,140.80

$

-

$

8,413,721.05

Expenses

Supervisor Fees
Public Officials' Liability Insurance Trustee Services
Management
Field Management Engineering Disclosure
District Counsel Assessment Administration Audit
Tax Preparation Travel and Per Diem Postage & Shipping Legal Advertising Miscellaneous Office Supplies Property Taxes
Web Site Maintenance
Holiday Decorations

$

8,000.00
2,870.00
4,246.25
41,625.00
23,625.00
5,937.00
500.00
11,567.00
5,500.00
5,700.00
71.40
110.07
94.00
1,450.75
665.46
425.15
783.54
2,040.00
23,887.30

$

8,000.00
2,870.00
4,246.25
41,625.00
23,625.00
5,937.00
500.00
11,567.00
5,500.00
5,700.00
71.40
110.07
94.00
1,450.75
665.46
425.15
783.54
2,040.00
23,887.30

Laurel Road CDD Statement of Activities As of 6/30/2026

Debt Service Fund

Capital Projects Fund

Long-Term Debt

General Fund

Total

Dues, Licenses, and Fees Construction Consultation Lifestyle Staff
Resident Services Electric
Amenity - Electric Amenity - Water Water Reclaimed
Stormwater Management Wetlands Mitigation Amenity - Telephone
Amenity - Cable TV / Internet / Wi-Fi Amenity - Landscape Maintenance Amenity - Irrigation Repairs
Amenity - Pool Maintenance Amenity - Janitorial
Amenity - Pest Control
Amenity - Fitness Equipment Leasing Amenity - Security
Amenity - Office Equipment Leasing Amenity - Capital Outlay
Amenity - Miscellaneous
Amenity - AC Maintenance and Equipment Amenity - Pool Equipment
Amenity - Gas
Amenity - Access Control Maintenance Amenity - Operations
Amenity - Fireplaces and Barbecue Gate Internet Service
General Insurance
Property & Casualty Insurance Other Insurance
Irrigation
Lake Maintenance
Landscaping Maintenance & Material Landscape Improvements

175.00
24,472.50
65,596.45
8,661.48
1,091.45
22,963.75
26,943.39
3,901.17
31,626.47
9,600.00
1,272.49
14,502.97
29,658.69
2,160.00
14,147.98
26,574.91
3,273.55
23,535.04
6,855.62
3,845.62
2,448.73
1,977.56
5,281.00
40.08
533.77
10,769.22
5,649.11
515.13
17,867.92
3,508.00
36,328.00
500.00
25,070.15
19,392.00
113,982.03
9,715.44

175.00
24,472.50
65,596.45
8,661.48
1,091.45
22,963.75
26,943.39
3,901.17
31,626.47
9,600.00
1,272.49
14,502.97
29,658.69
2,160.00
14,147.98
26,574.91
3,273.55
23,535.04
6,855.62
3,845.62
2,448.73
1,977.56
5,281.00
40.08
533.77
10,769.22
5,649.11
515.13
17,867.92
3,508.00
36,328.00
500.00
25,070.15
19,392.00
113,982.03
9,715.44

$

$

Laurel Road CDD Statement of Activities As of 6/30/2026

Debt Service Fund

Capital Projects Fund

Long-Term Debt

General Fund

Total

Fertilizer / Pesticides Contingency
Lake Bank Mowing
Gate - Repairs & Maintenance Dog Waste Stations
Capital Expenditures Street Sweeping Streetlights
Bike Share Maintenance Golf Cart Maintenance
Series 2021 A1 Principal Payments Series 2021 A2 Principal Payments Series 2021 A1 Interest Payments Series 2021 A2 Interest Payments Other Debt Service Costs Engineering
District Counsel Trustee Counsel Bond Counsel
Assessment Administration Landscaping Maintenance & Material Contingency
Inter-Fund Transfers
Total Expenses

12,960.00
2,097.59
17,874.00
1,184.16
2,106.00
8,317.44
7,837.50
26,816.88
614.06
182.72

12,960.00
2,097.59
17,874.00
1,184.16
2,106.00
8,317.44
7,837.50
26,816.88
614.06
182.72
255,000.00
960,000.00
397,442.50
130,429.69
114,800.00
33,470.47
35,000.00
6,750.00
52,000.00
40,500.00
133,947.25
821,301.21
34,203.81

$

$

$

255,000.00
960,000.00
397,442.50
130,429.69
114,800.00

$

33,470.47
35,000.00
6,750.00
52,000.00
40,500.00
133,947.25
821,301.21
34,203.81

$

793,524.94

$

1,857,672.19

$

1,157,172.74

$

-

$

3,808,369.87

Laurel Road CDD Statement of Activities As of 6/30/2026

Debt Service Fund

Capital Projects Fund

Long-Term Debt

General Fund

Total

Other Revenues (Expenses) & Gains (Losses)

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

$

6,623.79

$

6,623.79
25,497.94
347.94
504.91

$

25,497.94

$

347.94
504.91

$

6,623.79

$

25,497.94

$

852.85

$

-

$

32,974.58

Change In Net Assets

$

(2,727.10)

$

117,231.95

$

4,523,820.91

$

-

$

4,638,325.76

Net Assets At Beginning Of Year

$

109,598.58

$

1,142,003.21

$

(99,574.77)

$

-

$

1,152,027.02

Net Assets At End Of Year

$

106,871.48

$

1,259,235.16

$

4,424,246.14

$

-

$

5,790,352.78

Laurel Road CDD
Budget to Actual
For the Month Ending 6/30/2026

FY 2026
Adopted Budget

YTD Actual

YTD Budget

YTD Variance

Percentage

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

$

524,175.83
257,592.82
2,405.40
65,437.50

$

391,251.41
193,194.62
- 65,437.50

$

132,924.42
64,398.20
2,405.40
-

$

521,668.55
257,592.82
- 87,250.00

100.48%
100.00%

75.00%

$

849,611.55

$

649,883.53

$

199,728.02

$

866,511.37

98.05%

General & Administrative Expenses
Supervisor Fees
Public Officials' Liability Insurance Trustee Services
Management  Field Management Engineering Disclosure
District Counsel Assessment Administration Reamortization Schedules Audit
Arbitrage Calculation Tax Preparation Travel and Per Diem Telephone
Postage & Shipping Legal Advertising Miscellaneous Office Supplies Property Taxes
Web Site Maintenance Holiday Decorations IT Services
Dues, Licenses, and Fees Construction Consultation Lifestyle & Maintenance Staff Resident Services
Total General & Administrative Expenses

$

8,000.00
2,870.00
4,246.25
41,625.00
23,625.00
5,937.00
500.00
11,567.00
5,500.00
- 5,700.00
- 71.40
110.07
- 94.00
1,450.75
665.46
425.15
783.54
2,040.00
23,887.30
- 175.00
24,472.50
65,596.45
8,661.48

$

9,000.00
2,335.65
3,183.23
41,625.00
11,250.00
4,500.00
750.00
15,000.00
4,125.00
93.75
4,275.00
375.00
47.43
375.00
525.00
375.00
4,125.00
750.01
375.00
- 2,340.00
18,750.00
375.00
131.25
- 40,721.10
5,623.80

$

(1,000.00)
534.35
1,063.02
- 12,375.00
1,437.00
(250.00)
(3,433.00)
1,375.00
(93.75)
1,425.00
(375.00)
23.97
(264.93)
(525.00)
(281.00)
(2,674.25)
(84.55)
50.15
783.54
(300.00)
5,137.30
(375.00)
43.75
24,472.50
24,875.35
3,037.68

$

12,000.00
3,114.20
4,244.31
55,500.00
15,000.00
6,000.00
1,000.00
20,000.00
5,500.00
125.00
5,700.00
500.00
63.24
500.00
700.00
500.00
5,500.00
1,000.00
500.00
- 3,120.00
25,000.00
500.00
175.00
- 54,294.80
7,498.40

66.67%
92.16%
100.05%
75.00%
157.50%
98.95%
50.00%
57.84%
100.00%
0.00%
100.00%
0.00%
112.90%
22.01%
0.00%
18.80%
26.38%
66.55%
85.03%

65.38%
95.55%
0.00%
100.00%

120.82%
115.51%

$

238,003.35

$

171,026.22

$

66,977.13

$

228,034.95

104.37%

Laurel Road CDD
Budget to Actual
For the Month Ending 6/30/2026

FY 2026
Adopted Budget

YTD Actual

YTD Budget

YTD Variance

Percentage

Field Expenses (Inside the Gate; SF)
Electric
Water Reclaimed Stormwater Management Wetland Mitigation Equipment Rental
Gate Internet Service General Insurance
Property & Casualty Insurance Other Insurance
Irrigation - Repair and Maintenance Lake Maintenance
Landscaping Maintenance & Material Landscape Improvements
Fertilizer / Pesticides Contingency
Lake Bank Mowing
Gate - Repairs & Maintenance Mulch
Storm Cleanup
Storm Landscape Replacement Security Monitoring
Dog Waste Stations Mailbox Maintenance Capital Expenditures Street Sweeping Lighting
Streetlights - Leasing Bike Share Maintenance Golf Cart Maintenance
Total Field Expenses (Inside the Gate; Only SF)

$

818.59
2,925.88
31,626.47
9,600.00
- 17,867.92
2,631.00
27,246.00
375.00
18,802.61
14,544.00
85,486.52
7,286.58
9,720.00
2,097.59
17,874.00
1,184.16
-
-
-
- 2,106.00
- 6,238.08
7,837.50
- 20,112.66
614.06
137.04

$

5,625.00
2,812.50
1,500.00
6,750.00
843.75
1,500.00
2,140.50
11,396.81
- 14,040.00
13,500.00
79,749.02
11,250.00
9,720.00
13,050.00
- 2,625.00
3,750.00
5,625.00
8,437.50
22,500.00
2,106.00
150.00
5,625.00
9,000.00
562.50
22,680.00
1,875.00
843.75

$

(4,806.41)
113.38
30,126.47
2,850.00
(843.75)
16,367.92
490.50
15,849.19
375.00
4,762.61
1,044.00
5,737.50
(3,963.42)
- (10,952.41)
17,874.00
(1,440.84)
(3,750.00)
(5,625.00)
(8,437.50)
(22,500.00)
- (150.00)
613.08
(1,162.50)
(562.50)
(2,567.34)
(1,260.94)
(706.71)

$

7,500.00
3,750.00
2,000.00
9,000.00
1,125.00
2,000.00
2,854.00
15,195.75
- 18,720.00
18,000.00
106,332.03
15,000.00
12,960.00
17,400.00
- 3,500.00
5,000.00
7,500.00
11,250.00
30,000.00
2,808.00
200.00
7,500.00
12,000.00
750.00
30,240.00
2,500.00
1,125.00

10.91%
78.02%
1581.32%
106.67%
0.00%
893.40%
92.19%
179.30%

100.44%
80.80%
80.40%
48.58%
75.00%
12.06%

33.83%
0.00%
0.00%
0.00%
0.00%
75.00%
0.00%
83.17%
65.31%
0.00%
66.51%
24.56%
12.18%

$

287,131.66

$

259,657.33

$

27,474.33

$

346,209.78

82.94%

Field Expenses (Outside the Gate; MF)
Electric
Water Reclaimed Equipment Rental General Insurance
Property & Casualty Insurance Other Insurance
Irrigation - Repair and Maintenance Lake Maintenance
Landscaping Maintenance & Material Landscape Improvements
Fertilizer / Pesticides Storm Cleanup
Storm Landscape Replacement Capital Expenditures
Lighting
Streetlights - Leasing Golf Cart Maintenance
Total Field Expenses (Outside the Gate; MF)

$

272.86
975.29
- 877.00
9,082.00
125.00
6,267.54
4,848.00
28,495.51
2,428.86
3,240.00
-
- 2,079.36
- 6,704.22
45.68

$

1,875.00
937.50
281.25
713.50
3,798.94
- 4,680.00
4,500.00
26,583.01
3,750.00
3,240.00
1,875.00
2,812.50
1,875.00
187.50
7,560.00
281.25

$

(1,602.14)
37.79
(281.25)
163.50
5,283.06
125.00
1,587.54
348.00
1,912.50
(1,321.14)
- (1,875.00)
(2,812.50)
204.36
(187.50)
(855.78)
(235.57)

$

2,500.00
1,250.00
375.00
951.34
5,065.25
- 6,240.00
6,000.00
35,444.01
5,000.00
4,320.00
2,500.00
3,750.00
2,500.00
250.00
10,080.00
375.00

10.91%
78.02%
0.00%
92.19%
179.30%

100.44%
80.80%
80.40%
48.58%
75.00%
0.00%
0.00%
83.17%
0.00%
66.51%
12.18%

$

65,441.32

$

64,950.45

$

490.87

$

86,600.59

75.57%

Laurel Road CDD
Budget to Actual
For the Month Ending 6/30/2026

FY 2026
Adopted Budget

YTD Actual

YTD Budget

YTD Variance

Percentage

Vistera - Amenity Expenses
Amenity - Electric Amenity - Water Amenity - Telephone
Amenity - Cable TV / Internet / Wi-Fi Amenity - Landscape Maintenance Amenity - Irrigation Repairs
Amenity - Pool Maintenance Amenity - Cleaning
Amenity - Pest Control
Amenity - Fitness Equipment Leasing Amenity - Security Monitoring Amenity - Office Equipment Leasing Amenity - Capital Outlay
Amenity - Miscellaneous
Amenity - A/C Maintenance and Equipment Amenity - Pool Equipment
Amenity - Gas
Amenity - Access Control Maintenance Amenity - Operations
Amenity - Fireplaces and Barbecue
Total Vistera - Amenity Expenses

$

22,963.75
26,943.39
1,272.49
14,502.97
29,658.69
2,160.00
14,147.98
26,574.91
3,273.55
23,535.04
6,855.62
3,845.62
2,448.73
1,977.56
5,281.00
40.08
533.77
10,769.22
5,649.11
515.13

$

7,500.00
11,250.00
6,570.00
9,750.00
15,000.00
7,500.00
13,968.00
28,950.00
4,500.00
22,636.53
4,575.00
3,750.00
5,625.00
1,875.00
1,125.00
750.00
1,050.00
1,125.00
6,000.00
750.00

$

15,463.75
15,693.39
(5,297.51)
4,752.97
14,658.69
(5,340.00)
179.98
(2,375.09)
(1,226.45)
898.51
2,280.62
95.62
(3,176.27)
102.56
4,156.00
(709.92)
(516.23)
9,644.22
(350.89)
(234.87)

$

10,000.00
15,000.00
8,760.00
13,000.00
20,000.00
10,000.00
18,624.00
38,600.00
6,000.00
30,182.04
6,100.00
5,000.00
7,500.00
2,500.00
1,500.00
1,000.00
1,400.00
1,500.00
8,000.00
1,000.00

229.64%
179.62%
14.53%
111.56%
148.29%
21.60%
75.97%
68.85%
54.56%
77.98%
112.39%
76.91%
32.65%
79.10%
352.07%
4.01%
38.13%
717.95%
70.61%
51.51%

$

202,948.61

$

154,249.53

$

48,699.08

$

205,666.04

98.68%

Total Expenses

 $	793,524.94 

 $  649,883.53 

 $  143,641.41 

 $  866,511.36 

	91.58%

Other Revenues (Expenses) & Gains (Losses)

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

$

6,623.79

$

-

$

6,623.79

$

-

$

6,623.79

$

-

$

6,623.79

$

-

Net Income (Loss)

$

62,710.40

$

-

$

62,710.40

$

-

Laurel Road Community Development District

Business Matters

Laurel Road Community Development District

Review & Consideration of Auditor Selection
Committee Recommendation

Laurel Road Community Development District

Consideration of Resolution 2026-07, Adopting Goals, Objectives, and Performance Measures and Standards for Fiscal Year 2027

RESOLUTION 2026-07

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE LAUREL ROAD
COMMUNITY DEVELOPMENT DISTRICT ADOPTING GOALS, OBJECTIVES, AND PERFORMANCE MEASURES AND STANDARDS; PROVIDING A SEVERABILITY CLAUSE; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, The Laurel Road Community Development District (the “District”) is a local
unit of special-purpose government created and existing pursuant to Chapter 190, Florida Statutes; and

WHEREAS, effective July 1, 2024, the Florida Legislature adopted House Bill 7013, codified
as Chapter 2024-136, Laws of Florida (“HB 7013”) and creating Section 189.0694, Florida Statutes; and

WHEREAS, pursuant to HB 7013 and Section 189.0694, Florida Statutes, beginning
October 1, 2025, the District shall establish goals and objectives for the District and create performance measures and standards to evaluate the District’s achievement of those goals and objectives; and

WHEREAS, the District Manager has prepared the attached goals, objectives, and
performance measures and standards and presented them to the Board of the District; and

WHEREAS, the District’s Board of Supervisors (“Board”) finds that it is in the best interests
of the District to adopt by resolution the attached goals, objectives and performance measures and standards.

NOW,	THEREFORE,	BE	IT	RESOLVED	BY	THE	BOARD	OF
SUPERVISORS OF THE LAUREL ROAD COMMUNITY DEVELOPMENT DISTRICT:

SECTION 1.

The recitals so stated are true and correct and by this reference are

incorporated into and form a material part of this Resolution.

SECTION 2.

The District Board of Supervisors hereby adopts the goals, objectives and

performance measures and standards as provided in Exhibit A. The District Manager shall take
all actions to comply with Section 189.0694, Florida Statutes, and shall prepare an annual report regarding the District’s success or failure in achieving the adopted goals and objectives for consideration by the Board of the District.

SECTION 3.

If any provision of this resolution is held to be illegal or invalid, the other

provisions shall remain in full force and effect.

SECTION 4.

This resolution shall become effective upon its passage and shall remain in

effect unless rescinded or repealed.

1

PASSED AND ADOPTED this 12th day of August 2026.

ATTEST:

LAUREL ROAD COMMUNITY DEVELOPMENT
DISTRICT

Secretary/Assistant Secretary

Chairman, Board of Supervisors

Exhibit A: Performance Measures/Standards and Annual Reporting

2

Exhibit A

3

Exhibit A:
Goals, Objectives and Annual Reporting Form

Performance Measures/Standards & Annual Reporting Form

October 1, 2026 – September 30, 2027

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

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

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

2. Financial Transparency and Accountability Goal 2.1: Annual Budget Preparation
Objective: Prepare and approve the annual proposed budget by June 15 and final budget was adopted by September 30 each year.
Measurement: Proposed budget was approved by the Board before June 15 and final budget was adopted by September 30 as evidenced by meeting minutes and budget documents listed on CDD website and/or within district records.
Standard: 100% of budget approval & adoption were completed by the statutory deadlines and posted to the CDD website.
Achieved: Yes  No 

Goal 2.2: Financial Reports
Objective: Publish to the CDD website the most recent versions of the following documents: Annual audit, current fiscal year budget with any amendments, and most recent financials within the latest agenda package.
Measurement: Annual audit, previous years’ budgets, and financials are accessible to the public as evidenced by corresponding documents on the CDD’s website.
Standard: CDD website contains 100% of the following information: Most recent annual audit, most recent adopted/amended fiscal year budget, and most recent agenda package with updated financials.
Achieved: Yes  No 

Goal 2.3: Annual Financial Audit
Objective: Conduct an annual independent financial audit per statutory requirements and publish the results to the CDD website for public inspection, and transmit to the State of Florida.
Measurement: Timeliness of audit completion and publication as evidenced by meeting minutes showing board approval and annual audit is available on the CDD’s website and transmitted to the State of Florida.
Standard: Audit was completed by an independent auditing firm per statutory requirements and results were posted to the CDD website and transmitted to the State of Florida.
Achieved: Yes  No 

Chair/Vice Chair:	
Print Name:	

Date:	

District Manager:	
Print Name:	

Date:	

Laurel Road Community Development District

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

Public Comments and Testimony Board Comments

Consideration of Resolution 2026-08, Adopting the Fiscal Year 2026-2027 Budget and Appropriating Funds

RESOLUTION 2026-08

THE ANNUAL APPROPRIATION RESOLUTION OF THE LAUREL ROAD COMMUNITY

DEVELOPMENT

DISTRICT

(“DISTRICT”)

RELATING

TO

THE

ANNUAL

APPROPRIATIONS AND ADOPTING THE BUDGET(S) FOR THE FISCAL YEAR
BEGINNING	OCTOBER	1,	2026,	AND	ENDING	SEPTEMBER	30,	2027; AUTHORIZING BUDGET AMENDMENTS; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the District Manager has, prior to the fifteenth (15th) day in June, 2026, submitted to the Board of Supervisors (“Board”) of the Laurel Road Community Development District (“District”) proposed budget(s) (“Proposed Budget”) for the fiscal year beginning October 1, 2026 and ending September 30, 2027 (“Fiscal Year 2026/2027”) along with an explanatory and complete financial plan for each fund of the District, pursuant to the provisions of Section 190.008(2)(a), Florida Statutes; and

WHEREAS, at least sixty (60) days prior to the adoption of the Proposed Budget, the
District filed a copy of the Proposed Budget with the local governing authorities having jurisdiction over the area included in the District pursuant to the provisions of Section 190.008(2)(b), Florida Statutes; and

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

WHEREAS, the District Manager posted the Proposed Budget on the District’s website at
least two days before the public hearing; and

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

WHEREAS, the District Manager has prepared a Proposed Budget, whereby the budget
shall project the cash receipts and disbursements anticipated during a given time period, including reserves for contingencies for emergency or other unanticipated expenditures during the fiscal year.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE
LAUREL ROAD COMMUNITY DEVELOPMENT DISTRICT:

SECTION 1. BUDGET

a.

The Board has reviewed the Proposed Budget, a copy of which is on file with the
office of the District Manager and at the District’s Local Records Office, and hereby approves certain amendments thereto, as shown in Section 2 below.

b.

The Proposed Budget, attached hereto as Exhibit “A,” as amended by the Board,
is hereby adopted in accordance with the provisions of Section 190.008(2)(a), Florida Statutes (“Adopted Budget”), and incorporated herein by reference; provided, however, that the comparative figures contained in the Adopted Budget may be subsequently revised as deemed necessary by the District Manager to reflect actual revenues and expenditures.

c.

The Adopted Budget, as amended, shall be maintained in the office of the District
Manager and at the District’s Local Records Office and identified as “The Budget for the Laurel Road Community Development District for the Fiscal Year Ending September 30, 2027.”

d.

The Adopted Budget shall be posted by the District Manager on the District’s
official website within thirty (30) days after adoption, and shall remain on the website for at least 2 years.

SECTION 2.

APPROPRIATIONS

There is hereby appropriated out of the revenues of the Laurel Road Community
Development District, for Fiscal Year 2026/2027, sum of $	 to be raised by the levy of assessments and otherwise, which sum is deemed by the Board of Supervisors to be necessary to defray all expenditures of the District during said budget year, to be divided and appropriated in the following fashion:

TOTAL GENERAL FUND

$	

DEBT SERVICE FUND – SERIES 2021A-1

$	

DEBT SERVICE FUND – SERIES 2021A-2

$	

TOTAL ALL FUNDS

$	

SECTION 3.

BUDGET AMENDMENTS

Pursuant to Section 189.016, Florida Statutes, the District at any time within Fiscal Year
2026/2027 or within 60 days following the end of the Fiscal Year 2026/2027 may amend its Adopted Budget for that fiscal year as follows:

a.  The Board may authorize an increase or decrease in line item appropriations within a fund
by motion recorded in the minutes if the total appropriations of the fund do not increase.

b.  The District Manager or Treasurer may authorize an increase or decrease in line item
appropriations within a fund if the total appropriations of the fund do not increase and if the aggregate change in the original appropriation item does not exceed $10,000 or 10% of the original appropriation.

c.  By resolution, the Board may increase any appropriation item and/or fund to reflect
receipt of any additional unbudgeted monies and make the corresponding change to appropriations or the unappropriated balance.

d.  Any other budget amendments shall be adopted by resolution and consistent with Florida
law.

The District Manager or Treasurer must establish administrative procedures to ensure
that any budget amendments are in compliance with this Section 3 and Section 189.016 of the Florida Statutes, among other applicable laws. Among other procedures, the District Manager or Treasurer must ensure that any amendments to budget(s) under subparagraphs c. and d. above are posted on the District’s website within 5 days after adoption. If the District does not yet have its own website, the District's Secretary is directed to transmit such amendments to the manager or administrator of Sarasota County for posting on its website.

SECTION 4.  EFFECTIVE DATE. This Resolution shall take effect immediately upon
adoption.

PASSED AND ADOPTED THIS 12TH DAY OF AUGUST 2026.

ATTEST:

LAUREL ROAD COMMUNITY DEVELOPMENT
DISTRICT

Secretary/Assistant Secretary

Chair/Vice Chair

Exhibit A: Fiscal Year 2026/2027 Budgets

Laurel Road
Community Development District
FY 2027 Proposed Budget Package

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

Laurel Road CDD
FY 2027 Proposed O&M Budget

FY 2026
Anticipated Total

FY 2027
Proposed Budget

Actual Through 6/30/2026

Anticipated 7/2026 - 9/2026

FY 2026
Adopted Budget

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

$

524,175.83
257,592.82
2,405.40
65,437.50

$

-
- 801.81
21,812.50

$

524,175.83
257,592.82
3,207.21
87,250.00

$

521,668.55
257,592.82
- 87,250.00

$

791,276.75
397,347.66
500.00
-

$

849,611.55

$

22,614.31

$

872,225.86

$

866,511.37

$

1,189,124.41

General & Administrative Expenses
Supervisor Fees
Public Officials' Liability Insurance Trustee Services
Management
Field Management Engineering Disclosure
District Counsel Assessment Administration Reamortization Schedules Audit
Arbitrage
Tax Preparation Travel and Per Diem Telephone
Postage & Shipping Legal Advertising Miscellaneous Office Supplies Property Taxes
Web Site Maintenance Holiday Decorations IT Services
Dues, Licenses, and Fees Construction Consultation Lifestyle & Maintenance Staff Resident Services
Total General & Administrative Expenses

$

8,000.00
2,870.00
4,246.25
41,625.00
23,625.00
5,937.00
500.00
11,567.00
5,500.00
- 5,700.00
- 71.40
110.07
- 94.00
1,450.75
665.46
425.15
783.54
2,040.00
23,887.30
- 175.00
24,472.50
65,596.45
8,661.48

$

3,000.00
-
- 13,875.00
10,125.00
1,979.01
500.00
3,855.66
- 125.00
- 500.00
- 36.69
- 31.32
483.57
221.82
141.72
- 1,080.00
- 125.01
-
- 21,865.47
2,887.17

$

11,000.00
2,870.00
4,246.25
55,500.00
33,750.00
7,916.01
1,000.00
15,422.66
5,500.00
125.00
5,700.00
500.00
71.40
146.76
- 125.32
1,934.32
887.28
566.87
783.54
3,120.00
23,887.30
125.01
175.00
24,472.50
87,461.92
11,548.65

$

12,000.00
3,114.20
4,244.31
55,500.00
15,000.00
6,000.00
1,000.00
20,000.00
5,500.00
125.00
5,700.00
500.00
63.24
500.00
700.00
500.00
5,500.00
1,000.00
500.00
- 3,120.00
25,000.00
500.00
175.00
- 54,294.80
7,498.40

$

12,000.00
3,300.50
4,244.31
55,500.00
40,500.00
6,000.00
2,000.00
25,000.00
11,000.00
125.00
7,000.00
500.00
80.00
500.00
700.00
500.00
2,000.00
500.00
375.00
100.00
3,120.00
25,000.00
250.00
175.00
- 98,570.00
8,632.00

*
*

$

238,003.35

$

60,832.44

$

298,835.79

$

228,034.95

$	307,671.81

* "Lifestyle Staff" and "Resident Services" are expected to be 35% of the anticipated budget of $232,991.00. The remaining 65% is paid by the developer.

Page 1 of 15

Laurel Road CDD
FY 2027 Proposed O&M Budget

FY 2026
Anticipated Total

FY 2027
Proposed Budget

Actual Through 6/30/2026

Anticipated 7/2026 - 9/2026

FY 2026
Adopted Budget

Field Expenses (Inside the Gate; SF)
Electric
Water Reclaimed Stormwater Management Wetland Mitigation Equipment Rental
Gate Internet Service General Insurance
Property & Casualty Insurance Other Insurance
Irrigation - Repair and Maintenance Lake Maintenance
Landscaping Maintenance & Material Landscape Improvements
Fertilizer / Pesticides Contingency
Lake Bank Mowing
Gate - Repairs & Maintenance Mulch
Storm Cleanup
Storm Landscape Replacement Security Monitoring
Dog Waste Stations Mailbox Maintenance Capital Expenditures Street Sweeping Lighting
Streetlights - Leasing Bike Share Maintenance Golf Cart Maintenance
Laurel Rd. Monument Maintenance Border Rd. Monument Maintenance
Total Field Expenses (Inside the Gate; Only SF)

$

818.59
2,925.88
31,626.47
9,600.00
- 17,867.92
2,631.00
27,246.00
375.00
18,802.61
14,544.00
85,486.52
7,286.58
9,720.00
2,097.59
17,874.00
1,184.16
-
-
-
- 2,106.00
- 6,238.08
7,837.50
- 20,112.66
614.06
137.04
-
-

$

272.85
975.30
10,542.15
3,200.01
281.25
5,955.96
-
-
- 6,267.54
4,848.00
28,495.50
2,428.86
3,240.00
699.21
5,958.00
394.71
1,250.01
7,500.00
11,250.00
7,500.00
702.00
50.01
2,079.36
2,612.49
- 6,704.22
204.69
45.69
-
-

$

1,091.44
3,901.18
42,168.62
12,800.01
281.25
23,823.88
2,631.00
27,246.00
375.00
25,070.15
19,392.00
113,982.02
9,715.44
12,960.00
2,796.80
23,832.00
1,578.87
1,250.01
7,500.00
11,250.00
7,500.00
2,808.00
50.01
8,317.44
10,449.99
- 26,816.88
818.75
182.73
-
-

$

7,500.00
3,750.00
2,000.00
9,000.00
1,125.00
2,000.00
2,854.00
15,195.75
- 18,720.00
18,000.00
106,332.03
15,000.00
12,960.00
17,400.00
- 3,500.00
5,000.00
7,500.00
11,250.00
30,000.00
2,808.00
200.00
7,500.00
12,000.00
750.00
30,240.00
2,500.00
1,125.00
-
-

$

1,875.00
3,750.00
37,500.00
11,000.00
600.00
25,000.00
3,025.65
31,332.90
431.25
27,000.00
19,800.00
106,332.03
22,500.00
12,960.00
12,500.00
25,000.00
3,500.00
40,000.00
7,500.00
11,250.00
15,000.00
2,808.00
- 7,500.00
12,000.00
- 30,240.00
3,000.00
1,125.00
3,000.00
2,000.00

$

287,131.66

$

113,457.81

$

400,589.47

$

346,209.78

$

479,529.83

* "Lifestyle Staff" and "Resident Services" are expected to be 35% of the anticipated budget of $232,991.00. The remaining 65% is paid by the developer.

Page 2 of 15

Laurel Road CDD
FY 2027 Proposed O&M Budget

FY 2026
Anticipated Total

FY 2027
Proposed Budget

Actual Through 6/30/2026

Anticipated 7/2026 - 9/2026

FY 2026
Adopted Budget

Field Expenses (Outside the Gate; MF)
Electric
Water Reclaimed Equipment Rental General Insurance
Property & Casualty Insurance Other Insurance
Irrigation - Repair and Maintenance Lake Maintenance
Landscaping Maintenance & Material Landscape Improvements
Fertilizer / Pesticides Storm Cleanup
Storm Landscape Replacement Capital Expenditures
Lighting
Streetlights - Leasing Golf Cart Maintenance
Laurel Rd. Monument Maintenance
Total Field Expenses (Outside the Gate; SF & MF)

$

272.86
975.29
- 877.00
9,082.00
125.00
6,267.54
4,848.00
28,495.51
2,428.86
3,240.00
-
- 2,079.36
- 6,704.22
45.68
-

$

90.96
325.11
93.75
-
-
- 2,089.17
1,616.01
9,498.51
809.61
1,080.00
2,500.00
3,750.00
693.12
- 2,234.73
15.24
-

$

363.82
1,300.40
93.75
877.00
9,082.00
125.00
8,356.71
6,464.01
37,994.02
3,238.47
4,320.00
2,500.00
3,750.00
2,772.48
- 8,938.95
60.92
-

$

2,500.00
1,250.00
375.00
951.34
5,065.25
- 6,240.00
6,000.00
35,444.01
5,000.00
4,320.00
2,500.00
3,750.00
2,500.00
250.00
10,080.00
375.00
-

$

625.00
1,250.00
200.00
1,008.55
10,444.30
143.75
9,000.00
6,600.00
35,444.01
7,500.00
4,320.00
2,500.00
3,750.00
2,500.00
- 10,080.00
375.00
1,000.00

$

65,441.32

$

24,796.21

$

90,237.53

$

86,600.59

$

96,740.61

* "Lifestyle Staff" and "Resident Services" are expected to be 35% of the anticipated budget of $232,991.00. The remaining 65% is paid by the developer.

Page 3 of 15

Laurel Road CDD
FY 2027 Proposed O&M Budget

FY 2026
Anticipated Total

FY 2027
Proposed Budget

Actual Through 6/30/2026

Anticipated 7/2026 - 9/2026

FY 2026
Adopted Budget

Vistera - Amenity Amenity - Electric Amenity - Water Amenity - Telephone
Amenity - Cable TV / Internet / Wi-Fi Amenity - Landscape Maintenance Amenity - Irrigation Repairs
Amenity - Pool Maintenance Amenity - Cleaning
Amenity - Pest Control
Amenity - Fitness Equipment Leasing Amenity - Fire/Security Monitoring Amenity - Office Equipment Leasing Amenity - Capital Outlay
Amenity - Miscellaneous
Amenity - A/C Maintenance and Equipment Amenity - Pool Equipment
Amenity - Gas
Amenity - Access Control Maintenance Amenity - Operations
Amenity - Fireplaces and Barbecue
Total Vistera - Amenity Expenses

$

22,963.75
26,943.39
1,272.49
14,502.97
29,658.69
2,160.00
14,147.98
26,574.91
3,273.55
23,535.04
6,855.62
3,845.62
2,448.73
1,977.56
5,281.00
40.08
533.77
10,769.22
5,649.11
515.13

$

7,654.59
8,981.13
424.17
4,834.32
9,886.23
720.00
4,716.00
8,858.31
1,091.19
7,845.00
2,285.22
1,281.87
816.24
659.19
1,760.34
13.35
177.93
3,589.74
1,883.04
171.72

$

30,618.34
35,924.52
1,696.66
19,337.29
39,544.92
2,880.00
18,863.98
35,433.22
4,364.74
31,380.04
9,140.84
5,127.49
3,264.97
2,636.75
7,041.34
53.43
711.70
14,358.96
7,532.15
686.85

$

10,000.00
15,000.00
8,760.00
13,000.00
20,000.00
10,000.00
18,624.00
38,600.00
6,000.00
30,182.04
6,100.00
5,000.00
7,500.00
2,500.00
1,500.00
1,000.00
1,400.00
1,500.00
8,000.00
1,000.00

$

25,000.00
30,000.00
2,000.00
18,000.00
37,000.00
7,500.00
18,624.00
38,600.00
6,000.00
30,182.04
42,876.12
5,000.00
7,500.00
2,500.00
7,500.00
1,000.00
1,400.00
15,000.00
6,500.00
3,000.00

$

202,948.61

$

67,649.58

$

270,598.19

$

205,666.04

$

305,182.16

Total Expenses

 $	793,524.94 

 $  241,939.83 

 $	970,023.45 

 $	866,511.37 

 $ 1,189,124.41 

Other Revenues (Expenses) & Gains (Losses)

Interest Income

$

6,623.79

$

2,207.94

$

8,831.73

$

-

$

-

Total Other Revenues (Expenses) & Gain $

6,623.79

$

2,207.94

$

8,831.73

$

-

$

-

Net Income (Loss)

$

62,710.40

$

(217,117.58)

$

(88,965.86)

$

-

$

-

* "Lifestyle Staff" and "Resident Services" are expected to be 35% of the anticipated budget of $232,991.00. The remaining 65% is paid by the developer.

Page 4 of 15

Laurel Road Community Development District FY 2027 Proposed Assessment Comparison

FY 2027 OGM* 
Assessment  (Gross)

FY 2026 OGM* 
Assessment  (Gross)

Increase /  (Decrease)

Unit Type

Phase 1
SF 40'
SF 45'
SF 50'
SF 57'
Paired Villas (36' - 39') Assisted Living

1,511.27
1,700.18
1,889.09
2,153.57
1,416.82
566.73

979.73
1,102.20
1,224.67
1,396.12
918.50
367.40

$
$
$
$
$
$

531.54
597.98
664.42
757.45
498.32
199.33

Phase 1 G 2
Multi-Family

281.19

196.13

$

85.06

Phase 2
SF 50'
SF 57'
Assisted Living

1,889.09
2,153.57
566.73

1,224.67
1,396.12
367.40

$
$
$

664.42
757.45
199.33

O&M = Operations and Maintenance

Page 5 of 15

Laurel Road CDD Budget Item Descriptions FY 2026 – 2027

Revenues

On-Roll Assessments

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

Off-Roll Assessments

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

Other Income

Revenue from miscellaneous sources not otherwise classified.

General & Administrative Expenses

Supervisor Fees

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

Public Officials’ Liability Insurance

Supervisors’ and Officers’ liability insurance.

Trustee Services

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

Management

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

Field Management

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

Page 6 of 15

Laurel Road CDD Budget Item Descriptions FY 2026 – 2027

Engineering

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

Disclosure

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

District Counsel

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

Assessment Administration

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

Reamortization Schedules

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

Audit

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

Arbitrage

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

Tax Preparation

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

Travel and Per Diem

Travel to and from meetings as related to the District.

Telephone

Telephone and fax machine services as related to the District.

Page 7 of 15

Laurel Road CDD Budget Item Descriptions FY 2026 – 2027

Postage & Shipping

Mail, overnight deliveries, correspondence, etc.

Legal Advertising

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

Miscellaneous

Other general & administrative expenses incurred throughout the year.

Office Supplies

General office supplies associated with the District.

Property Taxes

The costs associated with assessed property tax levies to the District.

Web Site Maintenance

The cost of hiring a third party vendor to manage the District's website and for the annual domain and URL registration renewals.

Holiday Decorations

The cost of decorations within the District for the holidays.

IT Services

The cost of Information Technology services as needed within the District.

Dues, Licenses and Fees

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

Lifestyle & Maintenance Staff

The cost of hiring a third party contractor to operate the Amenity Center and manage Resident programming.

Resident Services

The cost to provide events and supplies for those events to the residents within the District.

Page 8 of 15

Laurel Road CDD Budget Item Descriptions FY 2026 – 2027

Field Expenses (Inside the Gate; SF)

Electric

The District pays for the electricity related to District-serviced fixtures.

Water Reclaimed

Water used for irrigation.

Stormwater Management

Management of stormwater runoff.

Wetland Mitigation

The costs associated with actions taken to offset the impacts of unavoidable wetland losses.

Equipment Rental

Covers the costs of periodic equipment rentals to assist the maintenance staff in its duties of maintaining certain common facilities.

Gate Internet Service

Covers the costs of monthly service fees associated with keeping the gate’s internet service running.

General Insurance

Insurance purchased to cover the general liability of the District.

Property & Casualty Insurance

Insurance purchased to protect property and cover casualty.

Other Insurance

Insurance purchased to protect areas not covered by General or Property & Casualty insurance coverage.

Irrigation - Repair and Maintenance

Inspection, repair, and maintenance of irrigation systems throughout the District.

Lake Maintenance

Maintenance of lakes owned by the District.

Lake Maintenance – Phase 2

Maintenance of lakes owned by the District in phase 2.

Page 9 of 15

Laurel Road CDD Budget Item Descriptions FY 2026 – 2027

Landscaping Maintenance & Material

Contracted landscaping and Common Area Maintenance within the boundaries of the District.

Landscape Improvements

Improvements in landscape above and beyond what is already contracted for property owned by District.

Fertilizer / Pesticides

Costs associated with purchasing fertilizers and pesticides used in agriculture or other applications.

Contingency

Other field expenses incurred throughout the year.

Lake Bank Mowing

Mowing and grounds maintenance of lake banks and adjacent drainage areas.

Gate Maintenance

Costs associated with keeping District gates in good working order.

Mulch

Costs associated with purchasing and applying mulch to the District’s landscaping to improve the appearance of the property and promote plant health.

Storm Cleanup

Costs associated with recovering from a storm event.

Storm Landscape Replacement

Costs associated with replacing District landscaping when damaged by a storm.

Security Monitoring

Costs associated with ongoing observation and analysis of network and system activity to detect and respond to potential security threats within the District.

Dog Waste Stations

Costs associated with purchasing, installing, and maintaining dog waste stations, as well as the cost of bags, liners, and cleaning materials..

Mailbox Maintenance

Costs associated with keeping mailboxes in good working order and appearance.

Page 10 of 15

Laurel Road CDD Budget Item Descriptions FY 2026 – 2027

Capital Expenditures

Costs associated with acquiring or upgrading the District’s long-term assets, such as property, plant, and equipment (PP&E).

Street Sweeping

Covers the costs of periodic sweeping of District streets to improve aesthetics and to mitigate roadway dirt and debris from being washed into the District’s stormwater system and ponds.

Streetlights – Leasing

Costs associated with streetlight poles which are leased from the utility company.

Bike Share Maintenance

Costs associated with operating and maintaining the District’s bike share program which will initially include 25 bikes.

Golf Cart Maintenance

Costs associated with routine maintenance, battery-related expenses, and unexpected repairs to the District’s golf cart.

Laurel Rd. Monument Maintenance

Costs associated with routine maintenance for the Laurel Road monument.

Border Rd. Monument Maintenance

Costs associated with routine maintenance for the Border Road monument.

Field Expenses (Outside the Gate; MF)

Electric

The District pays for the electricity related to District-serviced fixtures.

Water Reclaimed

Water used for irrigation.

Equipment Rental

Covers the costs of periodic equipment rentals to assist the maintenance staff in its duties of maintaining certain common facilities.

Page 11 of 15

Laurel Road CDD Budget Item Descriptions FY 2026 – 2027

General Insurance

Insurance purchased to cover the general liability of the District.

Property & Casualty Insurance

Insurance purchased to protect property and cover casualty.

Other Insurance

Insurance purchased to protect areas not covered by General or Property & Casualty insurance coverage.

Irrigation - Repair and Maintenance

Inspection, repair, and maintenance of irrigation systems throughout the District.

Lake Maintenance

Maintenance of lakes owned by the District.

Landscaping Maintenance & Material

Contracted landscaping and Common Area Maintenance within the boundaries of the District.

Landscape Improvements

Improvements in landscape above and beyond what is already contracted for property owned by District.

Fertilizer / Pesticides

Costs associated with purchasing fertilizers and pesticides used in agriculture or other applications.

Storm Cleanup

Costs associated with recovering from a storm event.

Storm Landscape Replacement

Costs associated with replacing District landscaping when damaged by a storm.

Capital Expenditures

Costs associated with acquiring or upgrading the District’s long-term assets, such as property, plant, and equipment (PP&E).

Streetlights – Leasing

Costs associated with streetlight poles which are leased from the utility company.

Golf Cart Maintenance

Costs associated with routine maintenance, battery-related expenses, and unexpected repairs to the District’s golf cart.

Page 12 of 15

Laurel Road CDD Budget Item Descriptions FY 2026 – 2027

Laurel Rd. Monument Maintenance

Costs associated with routine maintenance for the Laurel Road monument.

Vistera – Amenity

Amenity – Electric

The District pays for the electricity related to Amenity-serviced fixtures.

Amenity – Water

The District pays for the water service related to Amenity-serviced fixtures.

Amenity - Telephone

Telephone and fax machine services as related to the District’s Amenity.

Amenity – Cable TV / Internet / Wi-Fi

Cable TV, Internet, and wi-fi services as related to the District’s Amenity.

Amenity – Landscape Maintenance

Contracted landscaping and Common Area Maintenance within the boundaries of the District’s Amenity.

Amenity – Irrigation Repairs

Inspection and repair of irrigation system within the boundaries of the District’s Amenity.

Amenity – Pool Maintenance

Cost of cleaning and maintaining the Amenity swimming pool.

Amenity – Pool Equipment

Cost of repairing or replacing any Amenity swimming pool equipment.

Amenity – Cleaning

Cost of cleaning the exterior and interior of the Amenity building.

Amenity – Pest Control

Cost of pest control services for the Amenity building.

Amenity – Fitness Equipment Leasing

Cost of leasing fitness equipment for the Amenity building.

Page 13 of 15

Laurel Road CDD Budget Item Descriptions FY 2026 – 2027

Amenity – Fire/Security Monitoring

Cost of security services for the Amenity building.

Amenity – Office Equipment Leasing

Costs associated with renting or leasing Amenity office equipment, including lease payments, maintenance, and any potential upgrade or replacement costs.

Amenity – Capital Outlay

Costs associated with acquiring or improving Amenity capital assets, such as equipment, buildings, or land

Amenity – Miscellaneous

Costs associated with miscellaneous Amenity expenses incurred throughout the year.

Amenity – A/C Maintenance and Equipment

Costs related to keeping the Amenity air conditioning system running efficiently and reliably.

Amenity – Gas

Costs related to Amenity gas usage.

Amenity – Access Control Maintenance

Cost associated with keeping the Amenity access control system operational.

Amenity – Operations

Cost associated with general Amenity operations as needed.

Amenity – Fireplaces and Barbecue

Costs associated with the Amenity fireplace or barbecue grill, installation costs, materials, and any necessary permits or gas line adjustments.

Other Revenues (Expenses) & Gaines (Losses)

Interest Income

Income from interest earnings.

Page 14 of 15

Laurel Road CDD
FY 2027 Proposed Debt Service Budget

Series 2021A-1

Series 2021A-2

REVENUES:

Special Assessments

$

847,243.75

$

162,890.64

TOTAL REVENUES

 $	847,243.75 

 $	162,890.64 

EXPENDITURES:

Interest 11/01/2026 Interest 05/01/2027 Principal 05/01/2027

$

195,406.25
195,406.25
265,000.00

$

54,296.88
54,296.88
-

TOTAL EXPENDITURES

 $	655,812.50 

 $	108,593.76 

EXCESS REVENUES

 $	191,431.25 

 $	54,296.88 

Interest 11/01/2027

$

191,431.25

$

54,296.88

Page 15 of 15

Laurel Road Community Development District

Public Hearing on the Imposition of Special Assessments

Public Comments and Testimony Board Comments

Consideration of Resolution 2026-09, Adopting an Assessment Roll for Fiscal Year 2026-2027, and Certifying Special Assessments for Collection

RESOLUTION 2026-09

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE LAUREL ROAD
COMMUNITY DEVELOPMENT DISTRICT MAKING A DETERMINATION OF BENEFIT AND	IMPOSING	SPECIAL	ASSESSMENTS	FOR	FISCAL	YEAR	2026/2027;

PROVIDING	FOR

THE	COLLECTION	AND	ENFORCEMENT

OF

SPECIAL

ASSESSMENTS, INCLUDING BUT NOT LIMITED TO PENALTIES AND INTEREST
THEREON; CERTIFYING AN ASSESSMENT ROLL; PROVIDING FOR AMENDMENTS TO THE ASSESSMENT ROLL; PROVIDING A SEVERABILITY CLAUSE; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the Laurel Road Community Development District (“District”) is a local unit of
special-purpose government established pursuant to Chapter 190, Florida Statutes, for the purpose of providing, operating and maintaining infrastructure improvements, facilities and services to the lands within the District; and

WHEREAS, the District has constructed or acquired various infrastructure improvements
and provides certain services in accordance with the District’s adopted capital improvement plan and Chapter 190, Florida Statutes; and

WHEREAS, the Board of Supervisors (“Board”) of the District has determined to
undertake various operations and maintenance and other activities described in the District’s budget (“Adopted Budget”) for the fiscal year beginning October 1, 2026, and ending September 30, 2027 (“Fiscal Year 2026/2027”), attached hereto as Exhibit A; and

WHEREAS, the District must obtain sufficient funds to provide for the operation and
maintenance of the services and facilities provided by the District as described in the District’s Budget; and

WHEREAS, the provision of such services, facilities, and operations is a benefit to lands
within the District; and

WHEREAS, Chapter 190, Florida Statutes, provides that the District may impose special
assessments on benefitted lands within the District; and

WHEREAS, it is in the best interests of the District to proceed with the imposition of the
special assessments for operations and maintenance in the amount set forth in the Budget; and

WHEREAS, the District has previously levied an assessment for debt service, which the
District desires to collect for Fiscal Year 2026/2027; and

WHEREAS, Chapter 197, Florida Statutes, provides a mechanism pursuant to which such
special assessments may be placed on the tax roll and collected by the local tax collector (“Uniform Method”), and the District has previously authorized the use of the Uniform Method by, among other things, entering into agreements with the Property Appraiser and Tax Collector of the County for that purpose; and

WHEREAS, it is in the best interests of the District to adopt the assessment roll
(“Assessment Roll”) attached to this Resolution as Exhibit “B,” and to certify the portion of the Assessment Roll related to certain developed property (“Tax Roll Property”) to the County Tax Collector pursuant to the Uniform Method and to directly collect the portion of the Assessment Roll relating to the remaining property (“Direct Collect Property”), all as set forth in Exhibit “B;” and

WHEREAS, it is in the best interests of the District to permit the District Manager to
amend the Assessment Roll adopted herein, including that portion certified to the County Tax Collector by this Resolution, as the Property Appraiser updates the property roll for the County, for such time as authorized by Florida law.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE
LAUREL ROAD COMMUNITY DEVELOPMENT DISTRICT:

SECTION 1.	BENEFIT.

The provision of the services, facilities, and operations as

described in Exhibit “A” confers a special and peculiar benefit to the lands within the District,
which benefit exceeds or equals the cost of the assessments. The allocation of the assessments to the specially benefitted lands is shown in Exhibits “A” and “B,” and is hereby found to be fair and reasonable.

SECTION 2.

Assessment Imposition. Pursuant to Chapter 190 of the Florida Statutes, and

using the procedures authorized by Florida law for the levy and collection of special assessments,
a special assessment for operation and maintenance is hereby imposed and levied on benefitted lands within the District and in accordance with Exhibits “A” and “B.” The lien of the special assessments for operations and maintenance imposed and levied by this Resolution shall be effective upon passage of this Resolution.

SECTION 3.	Collection and Enforcement; Penalties; Interest.

A. Tax Roll Assessments.  The operations and maintenance special assessments and
previously levied debt service special assessments imposed on the Tax Roll Property shall be collected at the same time and in the same manner as County taxes in accordance with the Uniform Method, as set forth in Exhibits “A” and “B.”

B.

Direct Bill Assessments.  The operations and maintenance special assessments and
previously levied debt service special assessments imposed on the Direct Collect Property shall be collected directly by the District in accordance with Florida law, as set forth in Exhibits “A” and “B.” Assessments directly collected by the District are due in full on December 1, 2026; provided, however, that, to the extent permitted by law, the assessments due may be paid in several partial, deferred payments and according to the following schedule: 50% due no later than December 1, 2026, 25% due no later than February 1, 2027 and 25% due no later than May 1, 2027.  In the event that an assessment

payment is
assessment 2026/2027,

not made in accordance with the schedule stated above, the whole
– including any remaining partial, deferred payments for Fiscal Year shall immediately become due and payable; shall accrue interest,

penalties in the amount of one percent (1%) per month, and all costs of collection and
enforcement; and shall either be enforced pursuant to a foreclosure action, or, at the District’s sole discretion, collected pursuant to the Uniform Method on a future tax bill, which amount may include penalties, interest, and costs of collection and enforcement. Any prejudgment interest on delinquent assessments shall accrue at the applicable statutory prejudgment interest rate. In the event an assessment subject to direct collection by the District shall be delinquent, the District Manager and District Counsel, without further authorization by the Board, may initiate foreclosure proceedings pursuant to Chapter 170 of the Florida Statutes or other applicable law to collect and enforce the whole assessment, as set forth herein.

C.

Future Collection Methods.

The decision to collect special assessments by any

particular method – e.g., on the tax roll or by direct bill – does not mean that such
method will be used to collect special assessments in future years, and the District reserves the right in its sole discretion to select collection methods in any given year, regardless of past practices.

SECTION 4.

Assessment Roll. The District's Assessment Roll, attached to this Resolution

as Exhibit “B,” is hereby certified for collection. That portion of the District’s Assessment Roll
which includes the Tax Roll Property is hereby certified to the County Tax Collector and shall be collected by the County Tax Collector in the same manner and time as County taxes. The proceeds therefrom shall be paid to the District.

SECTION 5.

Assessment Roll Amendment. The District Manager shall keep apprised of

all updates made to the County property roll by the Property Appraiser after the date of this
Resolution, and shall amend the District’s Assessment Roll in accordance with any such updates, for such time as authorized by Florida law, to the County property roll. After any amendment of the Assessment Roll, the District Manager shall file the updates in the District records.

SECTION 6.

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.

SECTION 7.

Effective Date.	This Resolution shall take effect upon the passage and

adoption of this Resolution by the Board.

PASSED AND ADOPTED this 12th day of August 2026.

ATTEST:

LAUREL ROAD COMMUNITY
DEVELOPMENT DISTRICT

Secretary/ Assistant Secretary

Chair/Vice Chair

Exhibit A: Budget
Exhibit B: Assessment Roll

Page 1

Laurel Road CDD

Fiscal Year 2027 Assessment Roll

Parcel ID

O&M

Series 2021

Series 2026

Total Assessments

0389100033

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0389100035

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0389100037

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0389100038

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0389100040

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0389100041

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0389100042

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0389100045

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0389100118

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0389100119

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0389100121

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0389100122

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0389100198

$	1,700.18

$	1,803.29

$	-

$	3,503.47

0389100199

$	1,700.18

$	1,803.29

$	-

$	3,503.47

0389100200

$	1,700.18

$	1,803.29

$	-

$	3,503.47

0389100201

$	1,700.18

$	1,803.29

$	-

$	3,503.47

0389100202

$	1,700.18

$	1,803.29

$	-

$	3,503.47

0389100203

$	1,700.18

$	1,803.29

$	-

$	3,503.47

0389100208

$	1,700.18

$	1,803.29

$	-

$	3,503.47

0389100253

$	1,700.18

$	1,803.29

$	-

$	3,503.47

0389100255

$	1,700.18

$	1,803.29

$	-

$	3,503.47

0389100256

$	1,700.18

$	1,803.29

$	-

$	3,503.47

0389100257

$	1,700.18

$	1,803.29

$	-

$	3,503.47

0389100258

$	1,700.18

$	1,803.29

$	-

$	3,503.47

0389100259

$	1,700.18

$	1,803.29

$	-

$	3,503.47

0389100260

$	1,700.18

$	1,803.29

$	-

$	3,503.47

0389100262

$	1,700.18

$	1,803.29

$	-

$	3,503.47

0390020123

$	1,511.27

$	1,602.91

$	-

$	3,114.18

0390020125

$	1,511.27

$	1,602.91

$	-

$	3,114.18

0390020126

$	1,511.27

$	1,602.91

$	-

$	3,114.18

0390020127

$	1,511.27

$	1,602.91

$	-

$	3,114.18

0390020128

$	1,511.27

$	1,602.91

$	-

$	3,114.18

0390020130

$	1,511.27

$	1,602.91

$	-

$	3,114.18

0390020191

$	1,511.27

$	1,602.91

$	-

$	3,114.18

0390020193

$	1,511.27

$	1,602.91

$	-

$	3,114.18

0390020195

$	1,511.27

$	1,602.91

$	-

$	3,114.18

0390020196

$	1,511.27

$	1,602.91

$	-

$	3,114.18

0390020265

$	1,889.09

$	2,003.65

$	-

$	3,892.74

0390020269

$	1,889.09

$	2,003.65

$	-

$	3,892.74

0390020270

$	1,889.09

$	2,003.65

$	-

$	3,892.74

0390020273

$	1,889.09

$	2,003.65

$	-

$	3,892.74

0390020274

$	1,889.09

$	2,003.65

$	-

$	3,892.74

Page 2

Laurel Road CDD

Fiscal Year 2027 Assessment Roll

Parcel ID

O&M

Series 2021

Series 2026

Total Assessments

0390020275

$	1,889.09

$	2,003.65

$	-

$	3,892.74

0390020277

$	1,889.09

$	2,003.65

$	-

$	3,892.74

0390020278

$	1,889.09

$	2,003.65

$	-

$	3,892.74

0390020286

$	1,889.09

$	2,003.65

$	-

$	3,892.74

0390020310

$	2,153.57

$	2,284.16

$	-

$	4,437.73

0390020311

$	2,153.57

$	2,284.16

$	-

$	4,437.73

0390020312

$	2,153.57

$	2,284.16

$	-

$	4,437.73

0390020313

$	2,153.57

$	2,284.16

$	-

$	4,437.73

0390020324

$	2,153.57

$	2,284.16

$	-

$	4,437.73

0390020329

$	2,153.57

$	2,284.16

$	-

$	4,437.73

0390020330

$	2,153.57

$	2,284.16

$	-

$	4,437.73

0390020331

$	2,153.57

$	2,284.16

$	-

$	4,437.73

0390020332

$	2,153.57

$	2,284.16

$	-

$	4,437.73

0390020338

$	2,153.57

$	2,284.16

$	-

$	4,437.73

0390020339

$	2,153.57

$	2,284.16

$	-

$	4,437.73

0390020340

$	2,153.57

$	2,284.16

$	-

$	4,437.73

0390020365

$	1,889.09

$	2,003.65

$	-

$	3,892.74

0390020366

$	1,889.09

$	2,003.65

$	-

$	3,892.74

0390020367

$	1,889.09

$	2,003.65

$	-

$	3,892.74

0390020368

$	1,889.09

$	2,003.65

$	-

$	3,892.74

0390020369

$	1,889.09

$	2,003.65

$	-

$	3,892.74

0390020370

$	1,889.09

$	2,003.65

$	-

$	3,892.74

0390020371

$	1,889.09

$	2,003.65

$	-

$	3,892.74

0390020372

$	1,889.09

$	2,003.65

$	-

$	3,892.74

0390020373

$	1,889.09

$	2,003.65

$	-

$	3,892.74

0390020374

$	1,889.09

$	2,003.65

$	-

$	3,892.74

0390020376

$	1,889.09

$	2,003.65

$	-

$	3,892.74

0390020378

$	1,889.09

$	2,003.65

$	-

$	3,892.74

0390020379

$	1,889.09

$	2,003.65

$	-

$	3,892.74

0390020380

$	1,889.09

$	2,003.65

$	-

$	3,892.74

0390020341

$	2,153.57

$	2,284.16

$	-

$	4,437.73

0390020352

$	1,889.09

$	2,003.65

$	-

$	3,892.74

0390020156

$	1,511.27

$	1,602.91

$	-

$	3,114.18

0390020362

$	1,889.09

$	2,003.65

$	-

$	3,892.74

0389100059

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0390020297

$	1,889.09

$	2,003.65

$	-

$	3,892.74

0389100009

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0390020181

$	1,511.27

$	1,602.91

$	-

$	3,114.18

0389100116

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0389100070

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0389100027

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0389100062

$	1,416.82

$	1,502.74

$	-

$	2,919.56

Page 3

Laurel Road CDD

Fiscal Year 2027 Assessment Roll

Parcel ID

O&M

Series 2021

Series 2026

Total Assessments

0390020149

$	1,511.27

$	1,602.91

$	-

$	3,114.18

0389100110

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0389100051

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0390020173

$	1,511.27

$	1,602.91

$	-

$	3,114.18

0389100097

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0390020187

$	1,511.27

$	1,602.91

$	-

$	3,114.18

0389100082

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0389100213

$	1,700.18

$	1,803.29

$	-

$	3,503.47

0389100223

$	1,700.18

$	1,803.29

$	-

$	3,503.47

0390020192

$	1,511.27

$	1,602.91

$	-

$	3,114.18

0389100022

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0389100261

$	1,700.18

$	1,803.29

$	-

$	3,503.47

0389100032

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0389100102

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0389100245

$	1,700.18

$	1,803.29

$	-

$	3,503.47

0390020142

$	1,511.27

$	1,602.91

$	-

$	3,114.18

0390020355

$	1,889.09

$	2,003.65

$	-

$	3,892.74

0390020276

$	1,889.09

$	2,003.65

$	-

$	3,892.74

0389100249

$	1,700.18

$	1,803.29

$	-

$	3,503.47

0390020288

$	1,889.09

$	2,003.65

$	-

$	3,892.74

0390020268

$	1,889.09

$	2,003.65

$	-

$	3,892.74

0389100111

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0390020377

$	1,889.09

$	2,003.65

$	-

$	3,892.74

0390020309

$	2,153.57

$	2,284.16

$	-

$	4,437.73

0389100090

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0390020169

$	1,511.27

$	1,602.91

$	-

$	3,114.18

0389100075

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0390020129

$	1,511.27

$	1,602.91

$	-

$	3,114.18

0390020133

$	1,511.27

$	1,602.91

$	-

$	3,114.18

0390020346

$	1,889.09

$	2,003.65

$	-

$	3,892.74

0389100018

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0390020318

$	2,153.57

$	2,284.16

$	-

$	4,437.73

0390020357

$	1,889.09

$	2,003.65

$	-

$	3,892.74

0390020178

$	1,511.27

$	1,602.91

$	-

$	3,114.18

0389100047

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0389100389

$	2,153.57

$	2,284.16

$	-

$	4,437.73

0389100083

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0390020301

$	1,889.09

$	2,003.65

$	-

$	3,892.74

0390020151

$	1,511.27

$	1,602.91

$	-

$	3,114.18

0390020188

$	1,511.27

$	1,602.91

$	-

$	3,114.18

0389100105

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0389100210

$	1,700.18

$	1,803.29

$	-

$	3,503.47

Page 4

Laurel Road CDD

Fiscal Year 2027 Assessment Roll

Parcel ID

O&M

Series 2021

Series 2026

Total Assessments

0389100232

$	1,700.18

$	1,803.29

$	-

$	3,503.47

0390020290

$	1,889.09

$	2,003.65

$	-

$	3,892.74

0389070402

$	92,792.70

$	-

$	-

$	92,792.70

0389100206

$	1,700.18

$	1,803.29

$	-

$	3,503.47

0389100001

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0389100242

$	1,700.18

$	1,803.29

$	-

$	3,503.47

0390020315

$	2,153.57

$	2,284.16

$	-

$	4,437.73

0389100228

$	1,700.18

$	1,803.29

$	-

$	3,503.47

0390020325

$	2,153.57

$	2,284.16

$	-

$	4,437.73

0389100216

$	1,700.18

$	1,803.29

$	-

$	3,503.47

0389100234

$	1,700.18

$	1,803.29

$	-

$	3,503.47

0389100238

$	1,700.18

$	1,803.29

$	-

$	3,503.47

0389100264

$	1,700.18

$	1,803.29

$	-

$	3,503.47

0390020267

$	1,889.09

$	2,003.65

$	-

$	3,892.74

0389100254

$	1,700.18

$	1,803.29

$	-

$	3,503.47

0389100214

$	1,700.18

$	1,803.29

$	-

$	3,503.47

0389100010

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0389100385

$	1,889.09

$	2,003.65

$	-

$	3,892.74

0389100248

$	1,700.18

$	1,803.29

$	-

$	3,503.47

0389100076

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0389100068

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0389100112

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0390020144

$	1,511.27

$	1,602.91

$	-

$	3,114.18

0390020354

$	1,889.09

$	2,003.65

$	-

$	3,892.74

0390020132

$	1,511.27

$	1,602.91

$	-

$	3,114.18

0390020154

$	1,511.27

$	1,602.91

$	-

$	3,114.18

0389100025

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0390020164

$	1,511.27

$	1,602.91

$	-

$	3,114.18

0390020327

$	2,153.57

$	2,284.16

$	-

$	4,437.73

0389100095

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0389100099

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0390020189

$	1,511.27

$	1,602.91

$	-

$	3,114.18

0390020177

$	1,511.27

$	1,602.91

$	-

$	3,114.18

0390020190

$	1,511.27

$	1,602.91

$	-

$	3,114.18

0389100084

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0390020160

$	1,511.27

$	1,602.91

$	-

$	3,114.18

0390020304

$	2,153.57

$	2,284.16

$	-

$	4,437.73

0389100002

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0389100221

$	1,700.18

$	1,803.29

$	-

$	3,503.47

0389100241

$	1,700.18

$	1,803.29

$	-

$	3,503.47

0389100104

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0390020175

$	1,511.27

$	1,602.91

$	-

$	3,114.18

Page 5

Laurel Road CDD

Fiscal Year 2027 Assessment Roll

Parcel ID

O&M

Series 2021

Series 2026

Total Assessments

0390020291

$	1,889.09

$	2,003.65

$	-

$	3,892.74

0389100012

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0389100209

$	1,700.18

$	1,803.29

$	-

$	3,503.47

0389100215

$	1,700.18

$	1,803.29

$	-

$	3,503.47

0390020314

$	2,153.57

$	2,284.16

$	-

$	4,437.73

0390020326

$	2,153.57

$	2,284.16

$	-

$	4,437.73

0389100211

$	1,700.18

$	1,803.29

$	-

$	3,503.47

0389100227

$	1,700.18

$	1,803.29

$	-

$	3,503.47

0389100243

$	1,700.18

$	1,803.29

$	-

$	3,503.47

0390020282

$	1,889.09

$	2,003.65

$	-

$	3,892.74

0389100235

$	1,700.18

$	1,803.29

$	-

$	3,503.47

0389100263

$	1,700.18

$	1,803.29

$	-

$	3,503.47

0389100225

$	1,700.18

$	1,803.29

$	-

$	3,503.47

0390020138

$	1,511.27

$	1,602.91

$	-

$	3,114.18

0390020320

$	2,153.57

$	2,284.16

$	-

$	4,437.73

0390020266

$	1,889.09

$	2,003.65

$	-

$	3,892.74

0389100386

$	1,889.09

$	2,003.65

$	-

$	3,892.74

0389100020

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0389100058

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0390020145

$	1,511.27

$	1,602.91

$	-

$	3,114.18

0390020359

$	1,889.09

$	2,003.65

$	-

$	3,892.74

0390020363

$	1,889.09

$	2,003.65

$	-

$	3,892.74

0390020167

$	1,511.27

$	1,602.91

$	-

$	3,114.18

0390020375

$	1,889.09

$	2,003.65

$	-

$	3,892.74

0389100030

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0389100065

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0389100391

$	1,889.09

$	2,003.65

$	-

$	3,892.74

0390020135

$	1,511.27

$	1,602.91

$	-

$	3,114.18

0390020159

$	1,511.27

$	1,602.91

$	-

$	3,114.18

0389100092

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0390020344

$	2,153.57

$	2,284.16

$	-

$	4,437.73

0389100087

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0389100113

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0389100008

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0389100056

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0389100028

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0390020351

$	1,889.09

$	2,003.65

$	-

$	3,892.74

0389100049

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0390020182

$	1,511.27

$	1,602.91

$	-

$	3,114.18

0390020307

$	2,153.57

$	2,284.16

$	-

$	4,437.73

0390020172

$	1,511.27

$	1,602.91

$	-

$	3,114.18

0389100218

$	1,700.18

$	1,803.29

$	-

$	3,503.47

Page 6

Laurel Road CDD

Fiscal Year 2027 Assessment Roll

Parcel ID

O&M

Series 2021

Series 2026

Total Assessments

0389100222

$	1,700.18

$	1,803.29

$	-

$	3,503.47

0389100023

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0389100085

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0389100107

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0389100230

$	1,700.18

$	1,803.29

$	-

$	3,503.47

0390020321

$	2,153.57

$	2,284.16

$	-

$	4,437.73

0389100003

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0389100240

$	1,700.18

$	1,803.29

$	-

$	3,503.47

0390020285

$	1,889.09

$	2,003.65

$	-

$	3,892.74

0389100015

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0389100204

$	1,700.18

$	1,803.29

$	-

$	3,503.47

0389100101

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0390020153

$	1,511.27

$	1,602.91

$	-

$	3,114.18

0390020317

$	2,153.57

$	2,284.16

$	-

$	4,437.73

0389100383

$	1,889.09

$	2,003.65

$	-

$	3,892.74

0390020197

$	1,511.27

$	1,602.91

$	-

$	3,114.18

0390020139

$	1,511.27

$	1,602.91

$	-

$	3,114.18

0390020364

$	1,889.09

$	2,003.65

$	-

$	3,892.74

0390020287

$	1,889.09

$	2,003.65

$	-

$	3,892.74

0390020295

$	1,889.09

$	2,003.65

$	-

$	3,892.74

0390020158

$	1,511.27

$	1,602.91

$	-

$	3,114.18

0389100114

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0390020171

$	1,511.27

$	1,602.91

$	-

$	3,114.18

0389100066

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0390020134

$	1,511.27

$	1,602.91

$	-

$	3,114.18

0389100074

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0389100091

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0390020146

$	1,511.27

$	1,602.91

$	-

$	3,114.18

0390020168

$	1,511.27

$	1,602.91

$	-

$	3,114.18

0390020356

$	1,889.09

$	2,003.65

$	-

$	3,892.74

0390020347

$	1,889.09

$	2,003.65

$	-

$	3,892.74

0389100039

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0389100088

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0390020337

$	2,153.57

$	2,284.16

$	-

$	4,437.73

0389100017

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0390020152

$	1,511.27

$	1,602.91

$	-

$	3,114.18

0389100005

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0389100055

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0390020360

$	1,889.09

$	2,003.65

$	-

$	3,892.74

0390020302

$	1,889.09

$	2,003.65

$	-

$	3,892.74

0390020308

$	2,153.57

$	2,284.16

$	-

$	4,437.73

0390020350

$	1,889.09

$	2,003.65

$	-

$	3,892.74

Page 7

Laurel Road CDD

Fiscal Year 2027 Assessment Roll

Parcel ID

O&M

Series 2021

Series 2026

Total Assessments

0389100044

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0389100086

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0390020150

$	1,511.27

$	1,602.91

$	-

$	3,114.18

0390020179

$	1,511.27

$	1,602.91

$	-

$	3,114.18

0390020183

$	1,511.27

$	1,602.91

$	-

$	3,114.18

0389100229

$	1,700.18

$	1,803.29

$	-

$	3,503.47

0390020271

$	1,889.09

$	2,003.65

$	-

$	3,892.74

0389100053

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0389100034

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0389100106

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0389100004

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0389100014

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0389100207

$	1,700.18

$	1,803.29

$	-

$	3,503.47

0389100217

$	1,700.18

$	1,803.29

$	-

$	3,503.47

0389100060

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0390020140

$	1,511.27

$	1,602.91

$	-

$	3,114.18

0390020162

$	1,511.27

$	1,602.91

$	-

$	3,114.18

0390020281

$	1,889.09

$	2,003.65

$	-

$	3,892.74

0389100247

$	1,700.18

$	1,803.29

$	-

$	3,503.47

0389100384

$	1,889.09

$	2,003.65

$	-

$	3,892.74

0390020328

$	2,153.57

$	2,284.16

$	-

$	4,437.73

0389100239

$	1,700.18

$	1,803.29

$	-

$	3,503.47

0390020272

$	1,889.09

$	2,003.65

$	-

$	3,892.74

0390020336

$	2,153.57

$	2,284.16

$	-

$	4,437.73

0389100251

$	1,700.18

$	1,803.29

$	-

$	3,503.47

0390020194

$	1,511.27

$	1,602.91

$	-

$	3,114.18

0390020284

$	1,889.09

$	2,003.65

$	-

$	3,892.74

0390020296

$	1,889.09

$	2,003.65

$	-

$	3,892.74

0390020298

$	1,889.09

$	2,003.65

$	-

$	3,892.74

0390020349

$	1,889.09

$	2,003.65

$	-

$	3,892.74

0389100079

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0389020401

$	94,198.65

$	-

$	-

$	94,198.65

0389100089

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0390020137

$	1,511.27

$	1,602.91

$	-

$	3,114.18

0390020157

$	1,511.27

$	1,602.91

$	-

$	3,114.18

0390020141

$	1,511.27

$	1,602.91

$	-

$	3,114.18

0390020165

$	1,511.27

$	1,602.91

$	-

$	3,114.18

0389100036

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0389100233

$	1,700.18

$	1,803.29

$	-

$	3,503.47

0390020131

$	1,511.27

$	1,602.91

$	-

$	3,114.18

0390020334

$	2,153.57

$	2,284.16

$	-

$	4,437.73

0389100115

$	1,416.82

$	1,502.74

$	-

$	2,919.56

Page 8

Laurel Road CDD

Fiscal Year 2027 Assessment Roll

Parcel ID

O&M

Series 2021

Series 2026

Total Assessments

0390020342

$	2,153.57

$	2,284.16

$	-

$	4,437.73

0390020305

$	2,153.57

$	2,284.16

$	-

$	4,437.73

0389100026

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0389100073

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0389100094

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0390020186

$	1,511.27

$	1,602.91

$	-

$	3,114.18

0389100063

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0389100069

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0390020174

$	1,511.27

$	1,602.91

$	-

$	3,114.18

0389100050

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0389100011

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0389100250

$	1,700.18

$	1,803.29

$	-

$	3,503.47

0390020184

$	1,511.27

$	1,602.91

$	-

$	3,114.18

0389100224

$	1,700.18

$	1,803.29

$	-

$	3,503.47

0389100103

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0389100220

$	1,700.18

$	1,803.29

$	-

$	3,503.47

0390020293

$	1,889.09

$	2,003.65

$	-

$	3,892.74

0389100246

$	1,700.18

$	1,803.29

$	-

$	3,503.47

0390020289

$	1,889.09

$	2,003.65

$	-

$	3,892.74

0389100236

$	1,700.18

$	1,803.29

$	-

$	3,503.47

0389100381

$	1,889.09

$	2,003.65

$	-

$	3,892.74

0389100387

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0390020147

$	1,511.27

$	1,602.91

$	-

$	3,114.18

0390020279

$	1,889.09

$	2,003.65

$	-

$	3,892.74

0389100029

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0389100390

$	2,153.57

$	2,284.16

$	-

$	4,437.73

0390020148

$	1,511.27

$	1,602.91

$	-

$	3,114.18

0390020136

$	1,511.27

$	1,602.91

$	-

$	3,114.18

0390020166

$	1,511.27

$	1,602.91

$	-

$	3,114.18

0390020333

$	2,153.57

$	2,284.16

$	-

$	4,437.73

0390020335

$	2,153.57

$	2,284.16

$	-

$	4,437.73

0389100007

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0389100244

$	1,700.18

$	1,803.29

$	-

$	3,503.47

0390020343

$	2,153.57

$	2,284.16

$	-

$	4,437.73

0389100019

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0390020358

$	1,889.09

$	2,003.65

$	-

$	3,892.74

0389100205

$	1,700.18

$	1,803.29

$	-

$	3,503.47

0390020306

$	2,153.57

$	2,284.16

$	-

$	4,437.73

0389100046

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0389100072

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0389100093

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0389100021

$	1,416.82

$	1,502.74

$	-

$	2,919.56

Page 9

Laurel Road CDD

Fiscal Year 2027 Assessment Roll

Parcel ID

O&M

Series 2021

Series 2026

Total Assessments

0389100064

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0389100108

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0389100080

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0389100048

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0389100057

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0389100078

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0390020185

$	1,511.27

$	1,602.91

$	-

$	3,114.18

0390020322

$	2,153.57

$	2,284.16

$	-

$	4,437.73

0389100024

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0389100231

$	1,700.18

$	1,803.29

$	-

$	3,503.47

0389100100

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0389100219

$	1,700.18

$	1,803.29

$	-

$	3,503.47

0389100120

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0390020316

$	2,153.57

$	2,284.16

$	-

$	4,437.73

0389100382

$	1,511.27

$	1,602.91

$	-

$	3,114.18

0389100237

$	1,700.18

$	1,803.29

$	-

$	3,503.47

0390020294

$	1,889.09

$	2,003.65

$	-

$	3,892.74

0389100067

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0390020124

$	1,511.27

$	1,602.91

$	-

$	3,114.18

0390020180

$	1,511.27

$	1,602.91

$	-

$	3,114.18

0389100077

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0390020143

$	1,511.27

$	1,602.91

$	-

$	3,114.18

0390020353

$	1,889.09

$	2,003.65

$	-

$	3,892.74

0390020170

$	1,511.27

$	1,602.91

$	-

$	3,114.18

0390020348

$	1,889.09

$	2,003.65

$	-

$	3,892.74

0390020163

$	1,511.27

$	1,602.91

$	-

$	3,114.18

0389100016

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0389100061

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0389100098

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0390020155

$	1,511.27

$	1,602.91

$	-

$	3,114.18

0389100006

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0389100043

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0389100054

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0390020176

$	1,511.27

$	1,602.91

$	-

$	3,114.18

0390020361

$	1,889.09

$	2,003.65

$	-

$	3,892.74

0390020161

$	1,511.27

$	1,602.91

$	-

$	3,114.18

0389100052

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0389100081

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0390020303

$	1,889.09

$	2,003.65

$	-

$	3,892.74

0390020280

$	1,889.09

$	2,003.65

$	-

$	3,892.74

0390020319

$	2,153.57

$	2,284.16

$	-

$	4,437.73

0390020300

$	1,889.09

$	2,003.65

$	-

$	3,892.74

Page 10

Laurel Road CDD

Fiscal Year 2027 Assessment Roll

Parcel ID

O&M

Series 2021

Series 2026

Total Assessments

0389100388

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0390020292

$	1,889.09

$	2,003.65

$	-

$	3,892.74

0389100013

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0389100226

$	1,700.18

$	1,803.29

$	-

$	3,503.47

0390020323

$	2,153.57

$	2,284.16

$	-

$	4,437.73

0389100212

$	1,700.18

$	1,803.29

$	-

$	3,503.47

0389100071

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0389100096

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0389100109

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0389100117

$	1,416.82

$	1,502.74

$	-

$	2,919.56

0390020283

$	1,889.09

$	2,003.65

$	-

$	3,892.74

0390020345

$	2,153.57

$	2,284.16

$	-

$	4,437.73

0389100252

$	1,700.18

$	1,803.29

$	-

$	3,503.47

0390020299

$	1,889.09

$	2,003.65

$	3,892.74

Confidential

$	1,416.82

$	1,502.74

$	-

$	2,919.56

$  837,329.89

$ 689,776.39

$	1,527,106.28

$	46,053.14

$	37,937.70

$	83,990.85

$  791,276.75

$ 651,838.69

$	1,443,115.43

Laurel Road Community Development District

Consideration of Resolution 2026-10, Adopting the Annual Meeting Schedule for Fiscal Year 2026-2027

RESOLUTION 2026-10

A RESOLUTION OF THE LAUREL ROAD COMMUNITY

DEVELOPMENT

DISTRICT

ADOPTING

THE

ANNUAL

MEETING SCHEDULE FOR FISCAL YEAR 2026/2027

WHEREAS, the Laurel Road Community Development District ("District") is a local unit of special-purpose government created by, and existing pursuant to Chapter
190, Florida Statutes, being situated entirely within the City of Venice, Florida; and

WHEREAS, the Board of Supervisors of the District ("Board") is statutorily
authorized to exercise the powers granted to the District; and

WHEREAS, all meetings of the Board shall be open to the public and governed
by the provisions of Chapter 286, Florida Statutes; and

WHEREAS, the Board is statutorily required to file annually, with the local
governing authority and the Florida Department of Economic Opportunity, a schedule of its regular meetings.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF
SUPERVISORS	OF	THE	LAUREL	ROAD	COMMUNITY DEVELOPMENT DISTRICT:

SECTION 1. ADOPTING REGULAR MEETING SCHEDULE. Regular meetings
of the District's Board shall be held during Fiscal Year 2026/2027 as provided on the schedule attached hereto as Exhibit A.

SECTION 2. FILING REQUIREMENT. In accordance with Section 189.015(1), Florida Statutes, the District's Secretary is hereby directed to file a schedule of the District's regular meetings annually with Sarasota County and the Florida Department of
Economic Opportunity.

SECTION 3. EFFECTIVE DATE. This Resolution shall take effect immediately upon
adoption.

PASSED AND ADOPTED this 12th day of August 2026.

Attest:

LAUREL ROAD COMMUNITY DEVELOPMENT DISTRICT

Secretary/Assistant Secretary

Chair/Vice Chair

EXHIBIT A

BOARD OF SUPERVISORS’ MEETING DATES LAUREL ROAD COMMUNITY DEVELOPMENT DISTRICT
FISCAL YEAR 2026/2027














October 14, 2026
November 	, 2026 (11th is Veteran’s Day)
December 9, 2026
January 13, 2027
February 10, 2027
March 10, 2027
April 14, 2027
May 12, 2027
June 9, 2027
July 14, 2027
August 11, 2027
September 8, 2027

All meetings will convene at 12:30 p.m. at 5800 Lakewood Ranch Blvd., Sarasota, FL 34240.

Laurel Road Community Development District

Staff Reports