Ranches at Lake McLeod Community Development District

Meeting Agenda April 14, 2026

Ranches at Lake McLeod
Community Development District

219 E. Livingston St., Orlando, Florida 32801 Phone: 407-841-5524 – Fax: 407-839-1526
April 7, 2026

Board of Supervisors Meeting
Ranches at Lake McLeod Community Development District
Dear Board Members:

A meeting of the Board of Supervisors of the Ranches at Lake McLeod Community Development District will be held on Tuesday, April 14, 2026, at 10:00 AM at the Lake Alfred Public Library, 245 N Seminole Ave., Lake Alfred, FL 33850.

Zoom Video Link: https://us06web.zoom.us/j/85615611298
Call-In Information: 1-305-224-1968	Meeting ID: 856 1561 1298

Roll Call
Public Comment Period (Public Comments will be limited to three (3) minutes)
Approval of Minutes of the March 10, 20256 Board of Supervisors Meeting
Consideration of Resolution 2026-07 Approving the Fiscal Year 2027 Proposed Budget and Setting a Public Hearing
Review of Recent Traffic Accident on Bomber Road and Consideration of Polk County Request for Evaluation and Improvements
Staff Reports
Attorney
Engineer
Field Manager’s Report
District Manager’s Report
Approval of Check Register
Balance Sheet & Income Statement
Project Development Update
Status of Property Conveyance
Status of Permit Transfers
Status of Construction Funds & Requisitions
Other Business
Supervisors Requests
Adjournment

!!"#$%&
MINUTES OF MEETING RANCHES AT LAKE MCLEOD
COMMUNITY DEVELOPMENT DISTRICT

The regular meeting of the Board of Supervisors of the Ranches at Lake McLeod Community Development District was held on Tuesday, March 10, 2026 at 10:06 a.m. at the Lake Alfred Public Library, 245 N Seminole Ave., Lake Alfred, Florida.

Present and constituting a quorum were:

Adam Morgan	Chairman
Rob Bonin	Vice Chairman
Michelle Dudley	Assistant Secretary
Kayla Word	Assistant Secretary
Will Morgan	Assistant Secretary

Also present were:

Tricia Adams	District Manager, GMS
Kelsey Hansen-Walter by Zoom	District Counsel
Rick Welch by Zoom	District Engineer
Allen Bailey	Field Services Manager

The following is a summary of the discussions and actions taken at the March 10, 2026, meeting of the Board of Supervisors of the Ranches at Lake McLeod Community Development District.

FIRST ORDER OF BUSINESS	Roll Call
Ms. Adams called the meeting to order and called the roll at 10:06 a.m. Five members were present in person, constituting a quorum.

SECOND ORDER OF BUSINESS	Public Comment Period
Ms. Adams opened the public comment period.
Resident (Ana Lawton, 1241 Deepwater Circle) read an email that she sent on February 20, 2026. She discussed the parking policy adopted November 4, 2025, and asked what studies or

analysis supported the policy. She raised concerns about children riding in the streets and reduced visibility and road congestion. She requested that the Board reconsider the policy, place it on a future agenda, and use expert resources to develop a safer policy. She stated that the community would like the meetings to be held in the evenings and weekends.

THIRD ORDER OF BUSINESS	Approval of Minutes of the February 10,
2026 Board of Supervisors Meeting
Ms. Adams presented the minutes from the February 10, 2026, Board of Supervisors meeting. Ms. Adams asked for any comments, corrections, or changes. The Board had no changes to the minutes.

FOURTH ORDER OF BUSINESS	Consideration	of	Proposals	for
Playground Shade Structure
ProPlaygrounds
PlayWorx
Ms. Adams stated the Board asked the Field Manager to gather proposals to get an estimate for the cost to install a shade structure for the playground. She noted once the item is presented she will mention some items regarding funding; this is not an item that there has been any funding allocated for in the current budget.
Mr. Bailey stated he has worked with both vendors and their shades do well. He stated PlayWorx suggested a rectangle shade over the playground where Prograde Playgrounds wanted to do a hexagonal shade around the entire playground. Ms. Adams stated the budget currently transfers $50,000 a year into reserves for future infrastructure replacements; the Board has discretion to reallocate that transfer for amenity improvements if desired. There was a discussion about the difference in the proposals. The Board decided to table this item, and Mr. Bailey was directed to do more research, potentially obtain a third quote, and coordinate with Ms. Dudley to answer outstanding questions and bring them back to the Board.

FIFTH ORDER OF BUSINESS	Staff Reports
Attorney
Ms. Hansen-Walter stated she had nothing to report. Ms. Hansen-Walter was asked what the status was on the Notice of Violation (NOV). She stated the city had given until early March to rectify; if not, a new notice could be issued with a 10-day notice leading to a magistrate hearing. Ms. Hansen-Walter agreed to reach out to the city and coordinate a meeting with relevant parties before a magistrate notice is issued.

Engineer
Mr. Welch had nothing to report.

Field Manager’s Report
Mr. Bailey presented the Field Manager’s report that is on the agenda on page 29. He stated the fence on the north section had been displaced, they placed that fence back up. He noted that the vendors are still performing well. The fence along 603 Trotters Drive is preventing access to the irrigation block. He stated they asked them to take down the fence; they have now put the fence back up; a notice was sent to them. Ms. Adams stated she will coordinate with District Counsel regarding the next steps.
Mr. Bailey noted the residents had some concerns about traffic safety in the north section near the Craftsman boat area access. The Board directed Mr. Bailey to install an additional stop sign at the intersection. Mr. Bailey indicated the water management requested monthly reporting by the 10th of the month and staff as begun submitting these online.

Consideration of Proposal to Install Parking and No Parking Signs in Phase North and East Ranches
Mr. Bailey presented a proposal to install parking and no parking signs in Phase North and East Ranches. He stated that its approximately 17 “No Parking” signs and 67 additional signs that would be installed on various areas in the community. There is a map in the agenda showing red dots are “no parking” signs and the blue dots indicate where parking is permitted. Ms. Adams noted the plan was engineered and developed by the District Engineer who is qualified to review the roadways and determine safe areas to park. Ms. Adams stated the Board is interested in phasing implementation in North Ranches and East Ranches.

Ms. Adams stated because this item was not included on the agenda at least seven (7) days in advance, staff requested public comment prior to Board consideration.
Anna Lawton (1241 Deepwater Circle) suggested that allowing on-street parking on one side of the street, with HOA enforcement for violators.
Jennifer Haselman (867 Timberland Drive) requested consideration for corner lots so parking placement does not block gates and yard access for owners who purchased larger corner lots expected gate access.
Ms. Adams stated there were no more comments and closed the public comment period regarding the proposal for parking and no parking signs.
A Board member noted that street parking is still allowed in designated areas, including areas near Deepwater/East Pond. Parking generally appears limited to curb-adjacent areas, reducing likelihood of blocking gates.

District Manager’s Report
Approval of Check Register
Ms. Adams presented the check register from January 31, 2026, through February 27, 2026, to the Board totaling $28,961.57.

Balance Sheet and Income Statement
Ms. Adams presented the unaudited financials to the Board. The financial statements are provided for informational purposes only, and no Board action is required.

Project Development Update
Status of Property Conveyance
Status of Permit Transfers
Status of Construction Funds & Requisitions

Ratification of Series 2025 Requisitions #10 & #11
Ms. Adams stated these have been signed by the Chair and the District Engineer, and they are being submitted to the Board for ratification. Requisition #10 in the amount of $1,310 to TraceAir and Requisition #11 in the amount of $2,100 to TraceAir were presented for ratification.

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

SEVENTH ORDER OF BUSINESS	Supervisor’s	Requests	and	Audience
Comments
Ms. Adams asked if there were any Supervisor’s requests or audience comments. There being no comments, the next item followed.

EIGHTH ORDER OF BUSINESS	Adjournment
Ms. Adams asked for a motion to adjourn the meeting.

Secretary / Assistant Secretary	Chairman / Vice Chairman

!!"#$%& 4
RESOLUTION 2026-07

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE RANCHES AT LAKE MCLEOD COMMUNITY DEVELOPMENT DISTRICT APPROVING PROPOSED BUDGETS FOR FISCAL YEAR 2026/2027; DECLARING SPECIAL ASSESSMENTS TO FUND THE PROPOSED BUDGETS PURSUANT TO CHAPTERS 170, 190 AND 197, FLORIDA STATUTES; SETTING PUBLIC HEARINGS; ADDRESSING PUBLICATION; ADDRESSING SEVERABILITY; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the District Manager has heretofore prepared and submitted to the Board of Supervisors (“Board”) of the Ranches at Lake McLeod Community Development District (“District”) prior to June 15, 2026, proposed budgets (“Proposed Budget”) for the fiscal year beginning October 1, 2026 and ending September 30, 2027 (“Fiscal Year 2026/2027”); and

WHEREAS, it is in the best interest of the District to fund the administrative and operations services (together, “Services”) set forth in the Proposed Budget by levy of special assessments pursuant to Chapters 170, 190 and 197, Florida Statutes (“Assessments”), as set forth in the preliminary assessment roll included within the Proposed Budget; and

WHEREAS, the District hereby determines that benefits would accrue to the properties within the District, as outlined within the Proposed Budget, in an amount equal to or in excess of the Assessments, and that such Assessments would be fairly and reasonably allocated as set forth in the Proposed Budget; and

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

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE RANCHES AT LAKE MCLEOD COMMUNITY DEVELOPMENT DISTRICT:

PROPOSED BUDGET APPROVED. The Proposed Budget prepared by the District Manager for Fiscal Year 2026/2027 attached hereto as Exhibit A is hereby approved as the basis for conducting a public hearing to adopt said Proposed Budget.

DECLARING ASSESSMENTS. Pursuant to Chapters 170, 190 and 197, Florida Statutes, the Assessments shall defray the cost of the Services in the total estimated amounts set forth in the Proposed Budget. The nature of, and plans and specifications for, the Services to be funded by the Assessments are described in the Proposed Budget and in the reports (if any) of the District
Engineer, all of which are on file and available for public inspection at the “District’s Office,” 219 East Livingston Street, Orlando, Florida 32801. The Assessments shall be levied within the District on all benefitted lots and lands, and shall be apportioned, all as described in the Proposed Budget and the preliminary assessment roll included therein. The preliminary assessment roll is also on file and available for public inspection at the District’s Office. The Assessments shall be paid in one more installments pursuant to a bill issued by the District in November of 2026, and pursuant to Chapter 170, Florida Statutes, or, alternatively, pursuant to the Uniform Method as set forth in Chapter 197, Florida Statutes.

SETTING PUBLIC HEARINGS.	Pursuant to Chapters 170, 190, and 197, Florida Statutes, public hearings on the approved Proposed Budget and the Assessments are hereby declared and set for the following date, hour and location:
DATE: Tuesday, July 14, 2026
HOUR: 10:00 AM
LOCATION: Lake Alfred Public Library
245 N Seminole Ave. Lake Alfred, Florida 33850

TRANSMITTAL	OF	PROPOSED	BUDGET	TO	LOCAL	GENERAL-PURPOSE
GOVERNMENTS. The District Manager is hereby directed to submit a copy of the Proposed Budget to the City of Eagle Lake and Polk County at least 60 days prior to the hearing set above.

POSTING OF PROPOSED BUDGET. In accordance with Section 189.016, Florida Statutes, the District’s Secretary is further directed to post the approved Proposed Budget on the District’s website at least two days before the budget hearing date as set forth in Section 3, and shall remain on the website for at least 45 days.

PUBLICATION OF NOTICE.  The District shall cause this Resolution to be published once a week for a period of two weeks in a newspaper of general circulation published in Polk County. Additionally, notice of the public hearings shall be published in the manner prescribed in Florida law.

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

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

PASSED AND ADOPTED THIS 14TH DAY OF APRIL 2026.
ATTEST:	RANCHES AT LAKE MCLEOD COMMUNITY	DEVELOPMENT DISTRICT

Secretary/Assistant Secretary
By:	 Its:		

Budget will be provided under separate cover.

Ranches at Lake McLeod
Community Development District

Proposed Budget
FY2027
Table of Contents

1-2

3-6

7

8-9

10

11-12
General Fund General Fund Narrative
Debt Service Fund - Series 2023 Series 2023 Amortization Schedule Debt Service Fund - Series 2025 Series 2025 Amortization Schedule
13	Capital Reserve Fund

	Adopted Budget	Actuals Thru	Projected Next	Total Thru	Proposed Budget	
Description	FY2026	2/28/26	7 Months	9/30/26	FY2027	

Revenues						
Assessments - On Roll	$	413,177	$	390,398	$	22,780	$	413,177	$	849,015	
Assessments - Direct	$	324,022	$	243,012	$	81,011	$	324,022	$	2,141	
Interest Income	$	-	$	5,382	$	7,535	$	12,917	$	-	
Total Revenues	$	737,200	$	638,791	$	111,325	$	750,117	$	851,156	

Expenditures						
Administrative
Supervisor Fees	
$	12,000	
$	2,400	
$	7,000	
$	9,400	
$	12,000	
FICA Expense	$	918	$	184	$	536	$	719	$	918	
Engineering	$	15,000	$	3,525	$	8,750	$	12,275	$	15,000	
Attorney	$	15,000	$	7,984	$	8,750	$	16,734	$	15,000	
Annual Audit	$	4,900	$	5,900	$	-	$	5,900	$	6,000	
Assessment Administration	$	6,500	$	6,500	$	-	$	6,500	$	6,695	
Arbitrage Rebate	$	900	$	-	$	900	$	900	$	900	
Dissemination Agent	$	6,600	$	2,750	$	3,850	$	6,600	$	6,798	
Disclosure Software	$	3,500	$	2,375	$	1,125	$	3,500	$	3,500	
Trustee Fees	$	9,363	$	3,192	$	6,171	$	9,363	$	9,363	
Management Fees	$	43,775	$	18,240	$	25,535	$	43,775	$	45,088	
Information Technology	$	1,854	$	773	$	1,082	$	1,854	$	1,910	
Website Maintenance	$	1,236	$	515	$	721	$	1,236	$	1,273	
Postage & Delivery	$	1,000	$	1,235	$	583	$	1,818	$	2,000	
Insurance	$	8,079	$	6,340	$	-	$	6,340	$	6,974	
Copies	$	500	$	2	$	292	$	293	$	500	
Legal Advertising	$	7,500	$	985	$	4,375	$	5,360	$	7,500	
Other Current Charges	$	1,940	$	106	$	315	$	421	$	1,940	
Office Supplies	$	500	$	2	$	292	$	293	$	500	
Dues, Licenses & Subscriptions	$	175	$	175	$	-	$	175	$	175	
Subtotal Administrative	$	141,241	$	63,181	$	70,276	$	133,458	$	144,035	

Adopted Budget	Actuals Thru	Projected Next	Total Thru	Proposed Budget		
Description	FY2026	2/28/26	7 Months	9/30/26	FY2027		

Operations & Maintenance Field Expenditures Property Insurance	

$	11,359	

$	11,798	

$	-	

$	11,798	

$	11,812	
Field Management	$	10,300	$	4,292	$	6,008	$	10,300	$	10,609	
Landscape Maintenance	$	258,000	$	83,000	$	123,760	$	206,760	$	272,160	
Landscape Replacement	$	30,000	$	-	$	30,000	$	30,000	$	30,000	
Lake Maintenance	$	16,800	$	4,375	$	6,125	$	10,500	$	14,040	
Streetlights	$	100,000	$	63,673	$	77,000	$	140,673	$	154,000	
Electric	$	15,000	$	4,014	$	7,350	$	11,364	$	15,000	
Water & Sewer	$	45,000	$	9,142	$	14,000	$	23,142	$	26,000	
Irrigation Repairs	$	10,000	$	-	$	5,833	$	5,833	$	10,000	
Sidewalk & Asphalt Maintenance	$	5,000	$	-	$	5,000	$	5,000	$	5,000	
Janitorial Maintenance	$	7,000	$	2,800	$	4,083	$	6,883	$	10,000	
General Repairs & Maintenance	$	20,000	$	1,922	$	11,667	$	13,588	$	20,000	
Holiday Decorations	$	2,500	$	-	$	-	$	-	$	3,500	
Contingency	$	15,000	$	-	$	40,000	$	40,000	$	15,000	
Subtotal Field Expenditures	$	545,959	$	185,015	$	330,827	$	515,842	$	597,121	
						
Total Operations & Maintenance	$	545,959	$	185,015	$	330,827	$	515,842	$	597,121	

Other Expenditures
Capital Reserve - Transfer	

$	50,000	

$	-	

$	50,000	

$	50,000	

$	110,000	
Total Other Expenses	$	50,000	$	-	$	50,000	$	50,000	$	110,000	
						
Total Expenditures	$	737,200	$	248,197	$	451,103	$	699,300	$	851,156	
						
Excess Revenues/(Expenditures)	$	-	$	390,594	$  (339,778)	$	50,817	$	-	

Net Assessments	
$851,156					
Add: Discounts & Collections 7%	$64,065					
Gross Assessments	$915,221					

Assessable Units	1160	

Gross Per Unit Assessment	
$787.00	
Net Per Unit Assessment	$731.91	

	FY2026	FY2027	INCREASE	
Gross Per Unit Assessments:	$681.41	$787.00	$105.59	
Net Per Unit Assessments:	$633.71	$731.91	$98.20	

Revenues:

Assessments

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

Expenditures:

General & Administrative:

Supervisor Fees

Chapter 190, Florida Statutes, allows for each Board member to receive $200 per meeting to each Supervisor for the time devoted to District business and meetings.

FICA Expense

Represents the Employer’s share of Social Security and Medicare taxes withheld from Board of Supervisor checks.

Engineering

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

Attorney

The District's legal counsel provides general legal services to the District, e.g. attendance and preparation for meetings, preparation and review of agreements, resolutions, etc. as directed by the Board of Supervisors and the District Manager.

Annual Audit

The District is required by Florida Statutes to arrange for an independent audit of its financial records on an annual basis.

Assessment Administration

The District will contract to levy and administer the collection of non-ad valorem assessment on all assessable property within the District.

Arbitrage Rebate

The District will contract with an independent certified public accountant to annually calculate the District’s Arbitrage Rebate Liability on its bonds Series 2023 and Series 2025.

Dissemination Agent

The District is required by the Security and Exchange Commission to comply with Rule 15c2-12(b)(5) which relates to additional reporting requirements for unrated bond issues. This cost is based upon bond Series 2025.

Disclosure Software

The District has contracted with DTS to provide software platform for filing various reports required in accordance with the Continuing Disclosure Agreements for the various bond issue(s).

Trustee Fees

The District will incur trustee related costs with the issuance of its issued bonds.

Management Fees

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

Information Technology

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

Website Maintenance

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

Postage & Delivery

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

Insurance

The District’s general liability and public official’s liability insurance coverage is provided by the Florida Insurance Alliance (FIA). FIA specializes in providing insurance coverage to governmental agencies.

Copies

Printing agenda materials for board meetings, printing of computerized checks, stationary, envelopes, etc.

Legal Advertising

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

Other Current Charges

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

Office Supplies

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

Dues, Licenses & Subscriptions

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

Operations & Maintenance:

Field Expenditures

Property Insurance

The District’s estimated property insurance coverage is provided by the Florida Insurance Alliance (FIA). FIA specializes in providing insurance coverage to governmental agencies.

Field Management

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

Landscape Maintenance

Represents the maintenance of the landscaping within the following phases of the District after the installation of landscape material has been completed.

North	$ 78,000	
South	$ 126,000	
East	$ 54,000	
Grass Addendum	$ 13,200	
Pest	$	960
Total	$ 272,160

 Landscape Replacement

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

Lake Maintenance

The District will contract for the care and maintenance of its lakes which includes shoreline grass, brush and vegetation control.

Streetlights

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

Electric

Represents estimated electric charges of common areas throughout the District.

Water & Sewer

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

Irrigation Repairs

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

Sidewalk & Asphalt Maintenance

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

Janitorial Maintenance

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

General Repairs & Maintenance

Represents estimated costs for general repairs and maintenance of the District’s common areas. These can include pressure washing, and repairs to fences, monuments, lighting and other assets.

Holiday Decorations

The District will incur costs related to the decoration of common areas during the Holidays.

Contingency

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

Other Expenditures:

Capital Reserve - Transfer

Funds collected and reserved for the replacement of and/or purchase of new capital improvements throughout the District.
Ranches at Lake McLeod Community Development District Proposed Budget
Debt Service Fund - Series 2023

Description	Adopted Budget FY2026	Actuals Thru 2/28/26	Projected Next
7 Months	Total Thru 9/30/26	Proposed Budget FY2027	

Revenues						
Assessments	$	382,769	$	361,665	$	21,104	$	382,769	$	382,769	
Interest	$	7,851	$	5,166	$	4,580	$	9,746	$	4,873	
Carry Forward Surplus	$	190,323	$	193,317	$	-	$	193,317	$	202,907	
Total Revenues	$	580,942	$	560,148	$	25,684	$	585,832	$	590,548	

Expenditures						
Interest - 12/15	$	146,463	$	146,463	$	-	$	146,463	$	144,381	
Principal - 6/15	$	90,000	$	-	$	90,000	$	90,000	$	95,000				
Interest - 6/15	$	146,463	$	-	$	146,463	$	146,463	$	144,381				
Total Expenditures	$	382,925	$	146,463	$	236,463	$	382,925	$	383,763	
						
Excess Revenues/(Expenditures)	$	198,017	$	413,685	$	(210,778)	$	202,907	$	206,786	

Interest Expense 12/15/27	 $	142,184 
Total	$	142,184

Product	Assessable Units	Maximum Annual Debt Service	Net Assessment Per Unit	Gross Assessment Per Unit			
Single Family 40	196	$	162,369	$828	$891	
Single Family 50	203	$	210,455	$1,037	$1,115	
Single Family 60	8	$	9,945	$1,243	$1,337	
	407	$	382,769			
Ranches at Lake McLeod Community Development District Series 2023 Special Assessment Bonds

AMORTIZATION SCHEDULE

DATE		BALANCE		PRINCIPAL		INTEREST		TOTAL	

12/15/26	
$	
5,410,000.00	
$	
-	
$	
144,381.25	
$	
380,843.75	
06/15/27	$	5,410,000.00	$	95,000.00	$	144,381.25	$	-	
12/15/27	$	5,315,000.00	$	-	$	142,184.38	$	381,565.63	
06/15/28	$	5,315,000.00	$	100,000.00	$	142,184.38	$	-	
12/15/28	$	5,215,000.00	$	-	$	139,871.88	$	382,056.25	
06/15/29	$	5,215,000.00	$	105,000.00	$	139,871.88	$	-	
12/15/29	$	5,110,000.00	$	-	$	137,443.75	$	382,315.63	
06/15/30	$	5,110,000.00	$	110,000.00	$	137,443.75	$	-	
12/15/30	$	5,000,000.00	$	-	$	134,900.00	$	382,343.75	
06/15/31	$	5,000,000.00	$	115,000.00	$	134,900.00	$	-	
12/15/31	$	4,885,000.00	$	-	$	131,881.25	$	381,781.25	
06/15/32	$	4,885,000.00	$	120,000.00	$	131,881.25	$	-	
12/15/32	$	4,765,000.00	$	-	$	128,731.25	$	380,612.50	
06/15/33	$	4,765,000.00	$	125,000.00	$	128,731.25	$	-	
12/15/33	$	4,640,000.00	$	-	$	125,450.00	$	379,181.25	
06/15/34	$	4,640,000.00	$	135,000.00	$	125,450.00	$	-	
12/15/34	$	4,765,000.00	$	-	$	121,906.25	$	382,356.25	
06/15/35	$	4,640,000.00	$	140,000.00	$	121,906.25	$	-	
12/15/35	$	4,640,000.00	$	-	$	118,231.25	$	380,137.50	
06/15/36	$	4,505,000.00	$	150,000.00	$	118,231.25	$	-	
12/15/36	$	4,505,000.00	$	-	$	114,293.75	$	382,525.00	
06/15/37	$	4,365,000.00	$	155,000.00	$	114,293.75	$	-	
12/15/37	$	4,365,000.00	$	-	$	110,225.00	$	379,518.75	
06/15/38	$	4,215,000.00	$	165,000.00	$	110,225.00	$	-	
12/15/38	$	4,215,000.00	$	-	$	105,893.75	$	381,118.75	
06/15/39	$	4,060,000.00	$	175,000.00	$	105,893.75	$	-	
12/15/39	$	4,060,000.00	$	-	$	101,300.00	$	382,193.75	
06/15/40	$	3,895,000.00	$	185,000.00	$	101,300.00	$	-	
12/15/40	$	3,895,000.00	$	-	$	96,443.75	$	382,743.75	
06/15/41	$	3,720,000.00	$	195,000.00	$	96,443.75	$	-	
12/15/41	$	3,720,000.00	$	-	$	91,325.00	$	382,768.75	
06/15/42	$	2,920,000.00	$	205,000.00	$	91,325.00	$	-	
12/15/42	$	2,920,000.00	$	-	$	85,943.75	$	382,268.75	
06/15/43	$	2,920,000.00	$	215,000.00	$	85,943.75	$	-	
12/15/43	$	2,920,000.00	$	-	$	80,300.00	$	381,243.75	

06/15/44	$	2,920,000.00	$	225,000.00	$	80,300.00	$	-	
12/15/44	$	2,695,000.00	$	-	$	74,112.50	$	379,412.50	
06/15/45	$	2,695,000.00	$	240,000.00	$	74,112.50	$	-	
12/15/45	$	2,455,000.00	$	-	$	67,512.50	$	381,625.00	
06/15/46	$	2,455,000.00	$	250,000.00	$	67,512.50	$	-	
12/15/46	$	2,205,000.00	$	-	$	60,637.50	$	378,150.00	
06/15/47	$	2,205,000.00	$	265,000.00	$	60,637.50	$	-	
12/15/47	$	1,940,000.00	$	-	$	53,350.00	$	378,987.50	
06/15/48	$	1,940,000.00	$	280,000.00	$	53,350.00	$	-	
12/15/48	$	1,660,000.00	$	-	$	45,650.00	$	379,000.00	
06/15/49	$	1,660,000.00	$	295,000.00	$	45,650.00	$	-	
12/15/49	$	1,365,000.00	$	-	$	37,537.50	$	378,187.50	
06/15/50	$	1,365,000.00	$	315,000.00	$	37,537.50	$	-	
12/15/50	$	1,050,000.00	$	-	$	28,875.00	$	381,412.50	
06/15/51	$	1,050,000.00	$	330,000.00	$	28,875.00	$	-	
12/15/51	$	720,000.00	$	-	$	19,800.00	$	378,675.00	
06/15/52	$	720,000.00	$	350,000.00	$	19,800.00	$	-	
12/15/52	$	370,000.00	$	-	$	10,175.00	$	379,975.00	
06/15/53	$	370,000.00	$	370,000.00	$	10,175.00	$	380,175.00	
			$	5,665,000	$	5,897,031	$	11,562,031	
Community Development District
Proposed Budget
Debt Service Fund - Series 2025

Description	Adopted Budget FY2026	Actuals Thru 2/28/26	Projected Next
7 Months	Total Thru 9/30/26	Proposed Budget FY2027	

Revenues

Assessments Interest
Carry Forward Surplus	

$	757,450
$	1,625
$	300,720	

$	614,661
$	11,330
$	305,711	

$	142,789
$	6,609
$	-	

$	757,450
$	17,939
$	305,711	

$	757,450
$	8,970
$	321,412	
Total Revenues	$  1,059,795	$	931,702	$	149,398	$  1,081,100	$  1,087,831	

Expenditures

Interest - 12/15 Principal - 6/15 Interest - 6/15	

$	297,471
$	165,000
$	297,471	

$	297,471
$	-
$	-	

$	-
$	165,000
$	297,471	

$	297,471
$	165,000
$	297,471	

$	293,965
$	170,000
$	293,965	
Total Expenditures	$	759,943	$	297,471	$	462,471	$	759,943	$	757,930	

Other Financing Sources/(Uses)

Interfund Transfer In/(Out)	

$	-	

$	106	

$	148	

$	254	

$	-	
Total Other Financing Sources/(Uses)	$	-	$	106	$	148	$	254	$	-	
						
Excess Revenues/(Expenditures)	$	299,853	$	634,337	$	(312,925)	$	321,412	$	329,901	

Interest Expense 12/15/27	 $	290,353 
Total	$	290,353

Maximum Annual	Net Assessment Per	Gross Assessment
Product	Assessable Units	Debt Service	Unit	Per Unit						
Single Family 40	275	$	228,071	$829	$892	
Single Family 50	317	$	329,014	$1,038	$1,116	
Single Family 60	161	$	200,366	$1,245	$1,338	
	753	$	757,450			

DATE		BALANCE		PRINCIPAL		INTEREST		TOTAL	

12/15/26	
$	
10,920,000.00	
$	
-	
$	
293,965.00	
$	
756,436.25	
06/15/27	$	10,920,000.00	$	170,000.00	$	293,965.00	$	-	
12/15/27	$	10,750,000.00	$	-	$	290,352.50	$	754,317.50	
06/15/28	$	10,750,000.00	$	180,000.00	$	290,352.50	$	-	
12/15/28	$	10,570,000.00	$	-	$	286,527.50	$	756,880.00	
06/15/29	$	10,570,000.00	$	185,000.00	$	286,527.50	$	-	
12/15/29	$	10,385,000.00	$	-	$	282,596.25	$	754,123.75	
06/15/30	$	10,385,000.00	$	195,000.00	$	282,596.25	$	-	
12/15/30	$	10,190,000.00	$	-	$	278,452.50	$	756,048.75	
06/15/31	$	10,190,000.00	$	205,000.00	$	278,452.50	$	-	
12/15/31	$	9,985,000.00			$	273,788.75	$	757,241.25	
06/15/32	$	9,985,000.00	$	210,000.00	$	273,788.75	$	-	
12/15/32	$	9,775,000.00	$	-	$	269,011.25	$	752,800.00	
06/15/33	$	9,775,000.00	$	220,000.00	$	269,011.25	$	-	
12/15/33	$	9,555,000.00	$	-	$	264,006.25	$	753,017.50	
06/15/34	$	9,555,000.00	$	230,000.00	$	264,006.25	$	-	
12/15/34	$	9,325,000.00	$	-	$	258,773.75	$	752,780.00	
06/15/35	$	9,325,000.00	$	245,000.00	$	258,773.75	$	-	
12/15/35	$	9,080,000.00	$	-	$	253,200.00	$	756,973.75	
06/15/36	$	9,080,000.00	$	255,000.00	$	253,200.00	$	-	
12/15/36	$	8,825,000.00	$	-	$	246,251.25	$	754,451.25	
06/15/37	$	8,825,000.00	$	270,000.00	$	246,251.25	$	-	
12/15/37	$	8,555,000.00	$	-	$	238,893.75	$	755,145.00	
06/15/38	$	8,555,000.00	$	285,000.00	$	238,893.75	$	-	
12/15/38	$	8,270,000.00	$	-	$	231,127.50	$	755,021.25	
06/15/39	$	8,270,000.00	$	300,000.00	$	231,127.50	$	-	
12/15/39	$	7,970,000.00	$	-	$	222,952.50	$	754,080.00	
06/15/40	$	7,970,000.00	$	320,000.00	$	222,952.50	$	-	
12/15/40	$	7,650,000.00	$	-	$	214,232.50	$	757,185.00	
06/15/41	$	7,650,000.00	$	335,000.00	$	214,232.50	$	-	
12/15/41	$	7,315,000.00	$	-	$	205,103.75	$	754,336.25	
06/15/42	$	7,315,000.00	$	355,000.00	$	205,103.75	$	-	
12/15/42	$	6,960,000.00	$	-	$	195,430.00	$	755,533.75	
06/15/43	$	6,960,000.00	$	375,000.00	$	195,430.00	$	-	
12/15/43	$	6,585,000.00	$	-	$	185,211.25	$	755,641.25	

DATE		BALANCE		PRINCIPAL		INTEREST		TOTAL	

06/15/44	
$	
6,585,000.00	
$	
395,000.00	
$	
185,211.25	
$	
-	
12/15/44	$	6,190,000.00	$	-	$	174,447.50	$	754,658.75	
06/15/45	$	6,190,000.00	$	420,000.00	$	174,447.50	$	-	
12/15/45	$	5,770,000.00	$	-	$	163,002.50	$	757,450.00	
06/15/46	$	5,770,000.00	$	440,000.00	$	163,002.50	$	-	
12/15/46	$	5,330,000.00	$	-	$	150,572.50	$	753,575.00	
06/15/47	$	5,330,000.00	$	465,000.00	$	150,572.50	$	-	
12/15/47	$	4,865,000.00	$	-	$	137,436.25	$	753,008.75	
06/15/48	$	4,865,000.00	$	495,000.00	$	137,436.25	$	-	
12/15/48	$	4,370,000.00	$	-	$	123,452.50	$	755,888.75	
06/15/49	$	4,370,000.00	$	525,000.00	$	123,452.50	$	-	
12/15/49	$	3,845,000.00	$	-	$	108,621.25	$	757,073.75	
06/15/50	$	3,845,000.00	$	555,000.00	$	108,621.25	$	-	
12/15/50	$	3,290,000.00	$	-	$	92,942.50	$	756,563.75	
06/15/51	$	3,290,000.00	$	585,000.00	$	92,942.50	$	-	
12/15/51	$	2,705,000.00	$	-	$	76,416.25	$	754,358.75	
06/15/52	$	2,705,000.00	$	620,000.00	$	76,416.25	$	-	
12/15/52	$	2,085,000.00	$	-	$	58,901.25	$	755,317.50	
06/15/53	$	2,085,000.00	$	655,000.00	$	58,901.25	$	-	
12/15/53	$	1,430,000.00			$	40,397.50	$	754,298.75	
06/15/54	$	1,430,000.00	$	695,000.00	$	40,397.50	$	-	
12/15/54	$	735,000.00	$	-	$	20,763.75	$	756,161.25	
06/15/55	$	735,000.00	$	735,000.00	$	20,763.75	$	755,763.75	
			$	11,085,000	$	11,997,507	$	23,082,507	
Community Development District
Proposed Budget Capital Reserve Fund

Description	Adopted Budget FY2026	Actuals Thru 2/28/26	Projected Next
7 Months	Total Thru 9/30/26	Proposed Budget FY2027	

Revenues

Interest
Carry Forward Surplus	

$	986
$	100,000	

$	1,422
$	102,373	

$	1,990
$	-	

$	3,412
$	102,373	

$	1,706
$	102,373	
Total Revenues	$	100,986	$	103,795	$	1,990	$	105,785	$	104,079	

Expenditures						

Shade Structure	
$	-	
$	-	$	-	$	-	$	60,000				
Total Expenditures	$	-	$	-	$	-	$	-	$	60,000				

Other Financing Sources/(Uses)						

Interfund Transfer In/(Out)	
$	50,000	
$	-	
$	50,000	
$	50,000	
$	110,000	
Total Other Financing Sources/(Uses)	$	50,000	$	-	$	50,000	$	50,000	$	110,000	
						
Excess Revenues/(Expenditures)	$	150,986	$	103,795	$	51,990	$	155,785	$	154,079	

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•
-·- -- ..-	4-.•••
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-~	-

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Completed Items
Previously leaning street signs throughout the district have been corrected to ensure proper alignment, visibility, and compliance with safety standards
Areas of the landscape that experienced frost damage have been carefully reviewed by the Landscape vendor to assess recovery potential.
Multiple riddles that had been placed on the dog park fence have been located and removed. This action restores the intended appearance of the dog park

Contracted Services
The landscaping contractor continues to provide reliable maintenance of the community grounds. Common areas are serviced weekly, while pond banks are maintained on a bi-weekly schedule, ensuring consistent upkeep across the district.
Janitorial services are performing effectively, keeping all dog stations and trash cans clean, organized, and well-maintained.
The lake management vendor is delivering proactive service, addressing expected vegetation growth due to warmer weather and helping preserve the health and appearance of the lakes.

In Progress
The parking signs are prepared for installation and will be installed once all required materials have been received.
The stop sign on Craftsman is scheduled for installation pending the arrival of a ﬁnal part.

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Summary of Check Register

	February 28, 2026 to April 6,	2026					
	Fund	Date	Check No.'s			Amount	

General Fund		

3/5/26	

231-232		

$	

2,106.62	
		3/12/26	233-234		$	134,978.87	
		3/19/26	235-238		$	107,128.42	
			Autodrafts		$	13,789.12	

Payroll		

Supervisor Fees - January 2026		Total:	$	258,003.03	
		William Morgan	10158		$	184.70	
		Supervisor Fees - February 2026 William Morgan	10159		$	184.70	
		 Supervisor Fees - March 2026  Adam Morgan	
10160		
$	
184.70	
		Patrick Bonin	10161		$	184.70	
		Michelle Dudley	10162		$	184.70	
		Kayla Word	10163		$	184.70	
		William Morgan	10164		$	184.70	
				Total:	$	1,292.90	

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	4/08/26	PAGE	1
*** CHECK DATES 02/28/2026 - 04/06/2026 ***	RANCHES AT LAKE MCLEOD
BANK A GENERAL FUND
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
3/05/26 00037	1/30/26 15	202601 320-53800-48000	*	738.64
INSTALL SOLAR LIGHTS
1/30/26 16	202601 320-53800-48000	*	165.00
RESET STREET SIGNS
1/30/26 17	202601 320-53800-48000	*	307.98
FIX HOLE IN FENCE
1/30/26 18	202601 320-53800-48000	*	220.00
RPLCD PHOTO CELL
GOVERNMENTAL MANAGEMENT SERVICES-	1,431.62 000231
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/05/26 00035	2/18/26 22040009 202601 310-51300-31100	*	675.00
ENGINEERING SVCS-JAN26
PRIME AE GROUP, INC.	675.00 000232
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/12/26 00013	3/01/26 79	202603 320-53800-12000	*	858.33
FIELD MANAGEMENT-MAR26
3/01/26 80	202603 310-51300-34000	*	3,647.92
MANAGEMENT FEES-MAR26
3/01/26 80	202603 310-51300-35200	*	103.00
WEBSITE MANAGEMENT-MAR26
3/01/26 80	202603 310-51300-35100	*	154.50
INFORMATION TECH-MAR26
3/01/26 80	202603 310-51300-31300	*	550.00
DISSEMINATION SVCS-MAR26
3/01/26 80	202603 310-51300-51000	*	.24
OFFICE SUPPLIES
3/01/26 80	202603 310-51300-42000	*	54.95
POSTAGE
GOVERNMENTAL MANAGEMENT SERVICES-CF	5,368.94 000233
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/12/26 00022	3/11/26 03112026 202603 300-20700-10000	*	129,609.93
DEBT SVC TXFER S2025
RANCHES AT LAKE MCLEOD CDD	129,609.93 000234
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/19/26 00004	3/11/26 79547	202602 310-51300-31500	*	3,315.00
ATTORNEY SVCS-FEB26
COBB & COLE PA	3,315.00 000235
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/19/26 00035	3/16/26 22040009 202602 310-51300-31100	*	525.00
ENGINEERING SVCS-FEB26
PRIME AE GROUP, INC.	525.00 000236
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/19/26 00022	3/19/26 03192026 202603 300-20700-10000	*	5,432.43
DEBT SVC TXFER S2023
3/19/26 03192026 202603 300-20700-10000	*	3,392.13
DEBT SVC TXFER S2025
RANCHES AT LAKE MCLEOD CDD	8,824.56 000237
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
RALM RANCHES AT	BOH
AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	4/08/26	PAGE	2
*** CHECK DATES 02/28/2026 - 04/06/2026 ***	RANCHES AT LAKE MCLEOD
BANK A GENERAL FUND

CONTRACT#3000000380-FEB26

POND HERBICIDE-DEC25
875.00

LANDSCAPE MAINT-FEB26
17,680.00

CAPITAL RESERVE TSFR FY26
50,000.00

RALM RANCHES AT	BOH
AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	4/08/26	PAGE	3
*** CHECK DATES 02/28/2026 - 04/06/2026 ***	RANCHES AT LAKE MCLEOD
BANK Z GENERAL FUND AUTOPAY
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...	VENDOR NAME	STATUS	AMOUNT	....CHECK.....

CENTRAL-FEB.26

910 CRAFTSMAN RD-MAR.26

CITY OF EAGLE LAKE	349.31 080055
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/31/26 00024	3/16/26 7614-03. 202603 320-53800-43200	*	308.33
1562 MARKSMAN RD-MAR.26
CITY OF EAGLE LAKE	308.33 080056
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
TOTAL FOR BANK Z	13,789.12
TOTAL FOR REGISTER	258,003.03

RALM RANCHES AT	BOH

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Ranches at Lake McLeod
Community Development District

Unaudited Financial Reporting
February 28, 2026
Table of Contents

1		Balance Sheet	

2-3	
	General Fund	

4	
	Debt Service Fund - Series 2023	

5	
	Debt Service Fund - Series 2025	

6	
	Capital Projects Fund - Series 2023	

7	
	Capital Projects Fund - Series 2025	

8	
	Capital Reserve Fund	

9-10	
	Month to Month	

11	
	Assessment Receipt Schedule	

12	
	Long Term Debt Report	
Ranches at Lake McLeod
Community Development District Combined Balance Sheet February 28, 2026

	General		Debt Service		Capital Projects		Capital Reserve		Totals		
	Fund		Fund		Fund		Fund	Governmental Funds			
Assets:											
Cash	$	355,529	$	-	$	-	$	-	$	355,529	
State Board of Administration	$	509,906	$	-	$	-	$	-	$	509,906	
Capital Reserve Account	$	-	$	-	$	-	$	103,795	$	103,795	
Due from General Fund	$	-	$	129,610	$	-	$	-	$	129,610	
Investments:											
Series 2023											
Construction	$	-	$	-	$	4	$	-	$	4	
Reserve	$	-	$	191,384	$	-	$	-	$	191,384	
Revenue	$	-	$	413,685	$	-	$	-	$	413,685	
Series 2025											
Construction	$	-	$	-	$	15,280	$	-	$	15,280	
Reserve	$	-	$	378,725	$	-	$	-	$	378,725	
Revenue	$	-	$	504,727	$	-	$	-	$	504,727	
Total Assets	$	865,435	$	1,618,132	$	15,284	$	103,795	$	2,602,646	
Liabilities:											
Accounts Payable	$	52,892	$	-	$	-	$	-	$	52,892	
Due to Debt Service	$	129,610	$	-	$	-	$	-	$	129,610	
Total Liabilites	$	182,502	$	-	$	-	$	-	$	182,502	
Fund Balance:											
Restricted for:											
Debt Service Series 2023	$	-	$	605,070	$	-	$	-	$	605,070	
Debt Service Series 2025	$	-	$	1,013,062	$	-	$	-	$	1,013,062	
Capital Projects Series 2023	$	-	$	-	$	4	$	-	$	4	
Capital Projects Series 2025	$	-	$	-	$	15,280	$	-	$	15,280	
Assigned for:											
Capital Reserve	$	-	$	-	$	-	$	103,795	$	103,795	
Unassigned	$	682,933	$	-	$	-	$	-	$	682,933	
Total Fund Balances	$	682,933	$	1,618,132	$	15,284	$	103,795	$	2,420,144	
											
Total Liabilities & Fund Balance	$	865,435	$	1,618,132	$	15,284	$	103,795	$	2,602,646	

Revenues:									
Assessments - Tax Roll	$	413,177	$	390,398	$	390,398	$	-	
Assessments - Direct	$	324,022	$	243,012	$	243,012	$	-	
Interest Income	$	-	$	-	$	5,382	$	5,382	
Total Revenues	$	737,200	$	633,409	$	638,791	$	5,382	

Expenditures:									
General & Administrative:									
Supervisor Fees	$	12,000	$	5,000	$	2,400	$	2,600	
FICA Expense	$	918	$	383	$	184	$	199	
Engineering	$	15,000	$	6,250	$	3,525	$	2,725	
Attorney	$	15,000	$	6,250	$	7,984	$	(1,734)	
Annual Audit	$	4,900	$	4,900	$	5,900	$	(1,000)	
Assessment Administration	$	6,500	$	6,500	$	6,500	$	-	
Arbitrage	$	900	$	-	$	-	$	-	
Dissemination	$	6,600	$	2,750	$	2,750	$	-	
Disclosure Software	$	3,500	$	3,500	$	2,375	$	1,125	
Trustee Fees	$	9,363	$	3,192	$	3,192	$	-	
Management Fees	$	43,775	$	18,240	$	18,240	$	-	
Information Technology	$	1,854	$	773	$	773	$	-	
Website Maintenance	$	1,236	$	515	$	515	$	-	
Postage & Delivery	$	1,000	$	1,000	$	1,235	$	(235)	
Insurance	$	8,079	$	8,079	$	6,340	$	1,739	
Copies	$	500	$	208	$	2	$	207	
Legal Advertising	$	7,500	$	3,125	$	985	$	2,140	
Other Current Charges	$	1,940	$	808	$	106	$	703	
Office Supplies	$	500	$	208	$	2	$	207	
Dues, Licenses & Subscriptions	$	175	$	175	$	175	$	-	
Total General & Administrative	$	141,241	$	71,856	$	63,181	$	8,674	

Operations & Maintenance					
Field Expenditures
Property Insurance	

$	11,359	

$	11,359	

$	11,798	

$	(439)	
Field Management	$	10,300	$	4,292	$	4,292	$	0	
Landscape Maintenance	$	258,000	$	107,500	$	83,000	$	24,500	
Landscape Replacement	$	30,000	$	12,500	$	-	$	12,500	
Lake Maintenance	$	16,800	$	7,000	$	4,375	$	2,625	
Streetlights	$	100,000	$	41,667	$	63,673	$	(22,006)	
Electric	$	15,000	$	6,250	$	4,014	$	2,236	
Water & Sewer	$	45,000	$	18,750	$	9,142	$	9,608	
Irrigation Repairs	$	10,000	$	4,167	$	-	$	4,167	
Sidewalk & Asphalt Maintenance	$	5,000	$	2,083	$	-	$	2,083	
Janitorial Maintenance	$	7,000	$	2,917	$	2,800	$	117	
General Repairs & Maintenance	$	20,000	$	8,333	$	1,922	$	6,412	
Holiday Decorations	$	2,500	$	1,042	$	-	$	1,042	
Contingency	$	15,000	$	6,250	$	-	$	6,250	
Total Operations & Maintenance	$	545,959	$	234,109	$	185,015	$	49,094	
					
Total Expenditures	$	687,200	$	305,965	$	248,197	$	57,768	
					
Excess (Deficiency) of Revenues over Expenditures	$	50,000		$	390,594		

Other Financing Sources/(Uses):					
Transfer In/(Out)	$	(50,000)	$	-	$	-	$	-	
Total Other Financing Sources/(Uses)	$	(50,000)	$	-	$	-	$	-	
					
Net Change in Fund Balance	$	-		$	390,594		
					
Fund Balance - Beginning	$	-		$	292,339		
					
Fund Balance - Ending	$	-		$	682,933		

Revenues

Assessments - On Roll	$	382,769	$	361,665	$	361,665	$	-	
Interest	$	7,851	$	3,271	$	5,166	$	1,895	
Total Revenues	$	390,620	$	364,936	$	366,831	$	1,895	

Expenditures									
Interest - 12/15	$	146,463	$	146,463	$	146,463	$	-	
Prinicpal - 6/15	$	90,000	$	-	$	-	$	-	
Interest - 6/15	$	146,463	$	-	$	-	$	-	
Total Expenditures	$	382,925	$	146,463	$	146,463	$	-	
									
Excess (Deficiency) of Revenues over Expenditures	$	7,695			$	220,368			
									
Fund Balance - Beginning	$	190,323			$	384,702			
									
Fund Balance - Ending	$	198,017			$	605,070			

Revenues

Assessments - On Roll	$	239,010	$	225,832	$	225,832	$	-	
Assessments - Direct	$	518,440	$	388,830	$	388,830	$	-	
Interest	$	1,625	$	1,625	$	11,330	$	9,705	
Total Revenues	$	759,075	$	616,286	$	625,991	$	9,705	

Expenditures									
Interest - 12/15	$	297,471	$	297,471	$	297,471	$	-	
Prinicpal - 6/15	$	165,000	$	-	$	-	$	-	
Interest - 6/15	$	297,471	$	-	$	-	$	-	
Total Expenditures	$	759,943	$	297,471	$	297,471	$	-	
									
Excess (Deficiency) of Revenues over Expenditures	$	(868)			$	328,520			

Other Financing Sources/(Uses)									
Transfer In/(Out)	$	-	$	-	$	106	$	106	
Total Other Financing Sources (Uses)	$	-	$	-	$	106	$	106	
									
Net Change in Fund Balance	$	(868)			$	328,626			
									
Fund Balance - Beginning	$	300,720			$	684,436			
									
Fund Balance - Ending	$	299,853			$	1,013,062			

Revenues

Interest	

$	

-	$	

-	$	0	

$	0	
Total Revenues	$	-	$	-	$	0	$	0	

Expenditures

Capital Outlay - Construction	

$	

-	$	

-	$	-	

$	-	
Total Expenditures	$	-	$	-	$	-	$	-	
					
Excess (Deficiency) of Revenues over Expenditures	$	-	$	0		
					
Fund Balance - Beginning	$	-	$	4		
					
Fund Balance - Ending	$	-	$	4		

Revenues

Interest	

$	

-	$	

-	$	380	

$	380	
Total Revenues	$	-	$	-	$	380	$	380	

Expenditures

Capital Outlay - Construction	

$	

-	$	

-	$	4,200	

$	(4,200)	
Total Expenditures	$	-	$	-	$	4,200	$	(4,200)	
					
Excess (Deficiency) of Revenues over Expenditures	$	-	($3,821)		

Other Financing Sources/(Uses)

Transfer In/(Out)	

$	

-	$	

-	$	(106)	

$	(106)	
Total Other Financing Sources (Uses)	$	-	$	-	$	(106)	$	(106)	
					
Net Change in Fund Balance	$	-	$	(3,926.38)		
					
Fund Balance - Beginning	$	-	$	19,206		
					
Fund Balance - Ending	$	-	$	15,280		

Revenues

Interest	

$	986	

$	986	

$	1,422	

$	436	
Total Revenues	$	986	$	986	$	1,422	$	436	

Expenditures

Capital Outlay	

$	-	

$	-	

$	-	

$	-	
Total Expenditures	$	-	$	-	$	-	$	-	
					
Excess (Deficiency) of Revenues over Expenditures	$	986		$	1,422		

Other Financing Sources/(Uses)

Transfer In/(Out)	

$	50,000	

$	-	

$	-	

$	-	
Total Other Financing Sources (Uses)	$	50,000	$	-	$	-	$	-	
					
Net Change in Fund Balance	$	50,986		$	1,422		
					
Fund Balance - Beginning	$	100,000		$	102,373		
					
Fund Balance - Ending	$	150,986		$	103,795		

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

Revenues:														

Assessments - Tax Roll	
$	-	
$	28,849	
$	356,618	
$	1,990	
$	2,941	
$	-	
$	-	
$	-	
$	-	
$	-	
$	-	
$	-	
$  390,398	
Assessments - Direct	$	162,008	$	-	$	-	$	-	$	81,004	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$  243,012	
Interest Income	$	748	$	702	$	702	$	1,358	$	1,872	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	5,382	
Total Revenues	$	162,755	$	29,551	$	357,320	$	3,347	$	85,817	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$  638,791	

Expenditures:														
General & Administrative:														
Supervisor Fees	$	-	$	-	$	800	$	800	$	800	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	2,400								
FICA Expense	$	-	$	-	$	61	$	61	$	61	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	184								
Engineering	$	300	$	1,725	$	300	$	675	$	525	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	3,525								
Attorney	$	2,398	$	1,335	$	120	$	816	$	3,315	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	7,984								
Annual Audit	$	-	$	-	$	-	$	-	$	5,900	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	5,900								
Assessment Administration	$	6,500	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	6,500								
Arbitrage	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-								
Dissemination	$	550	$	550	$	550	$	550	$	550	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	2,750								
Disclosure Software	$	2,375	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	2,375								
Trustee Fees	$	3,192	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	3,192								
Management Fees	$	3,648	$	3,648	$	3,648	$	3,648	$	3,648	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	18,240								
Information Technology	$	155	$	155	$	155	$	155	$	155	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	773								
Website Maintenance	$	103	$	103	$	103	$	103	$	103	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	515								
Postage & Delivery	$	8	$	17	$	5	$	218	$	987	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	1,235								
Insurance	$	6,340	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	6,340								
Copies	$	2	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	2								
Legal Advertising	$	985	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	985								
Other Current Charges	$	17	$	-	$	-	$	46	$	42	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	106								
Office Supplies	$	0	$	0	$	0	$	0	$	1	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	2								
Dues, Licenses & Subscriptions	$	175	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	175								
Total General & Administrative	$	26,749	$	7,532	$	5,742	$	7,073	$	16,086	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	63,181								

Operations & Maintenance

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

$	8,360  $
$	858  $
$	15,580  $
$	-  $
$	875  $
$	11,220  $
$	656  $
$	1,733  $
$	-  $
$	-  $
$	560  $
$	-  $
$	-  $
$	-  $

3,438  $
858  $
16,580  $
-  $
875  $
11,220  $
570  $
2,112  $
-  $
-  $
560  $
200  $
-  $
-  $

-  $
858  $
16,580  $
-  $
875  $
11,220  $
1,597  $
1,280  $
-  $
-  $
550  $
-  $
-  $
-  $

-  $
858  $
16,580  $
-  $
875  $
12,556  $
620  $
2,434  $
-  $
-  $
560  $
1,722  $
-  $
-  $

-  $
858  $
17,680  $
-  $
875  $
17,456  $
570  $
1,584  $
-  $
-  $
570  $
-  $
-  $
-  $

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

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

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

-  $	11,798
-  $	4,292
-  $	83,000
-  $	-
-  $	4,375
-  $	63,673
-  $	4,014
-  $	9,142
-  $	-
-  $	-
-  $	2,800
-  $	1,922
-  $	-
-  $	-

Ranches At Lake Mcleod
Community Development District Special Assessment Receipts Fiscal Year 2026

ON ROLL ASSESSMENTS
Gross Assessments	$	444,279.32	$	411,580.56	$	257,000.31	$ 1,112,860.19	
Net Assessments	$	413,179.77	$	382,769.92	$	239,010.29	$ 1,034,959.98	
	40%	37%	23%	100%	

Date	Distribution	Gross Amount	Discount/Penalty	Commision	Interest	Property Appraiser	Net Receipts	General Fund	Debt Service 2023	Debt Service 2025	Total	

11/14/25	
10/01-10/31/25	
$	2,044.23	
$	(81.78)	
$	(39.25)	
$	-	
$	-	
$	1,923.20	
$	767.78	
$	711.28	
$	444.14	
$	1,923.20	
11/14/25	10/01-10/31/25	$	3,343.46	$	(133.71)	$	(64.20)	$	-	$	-	$	3,145.55	$	1,255.78	$	1,163.35	$	726.42	$	3,145.55	
11/21/25	11/01-11/07/25	$	17,035.25	$	(681.49)	$	(327.08)	$	-	$	-	$	16,026.68	$	6,398.22	$	5,927.31	$	3,701.15	$	16,026.68	
11/21/25	11/01-11/07/25	$	26,087.30	$	(1,043.39)	$	(500.88)	$	-	$	-	$	24,543.03	$	9,798.14	$	9,077.00	$	5,667.89	$	24,543.03	
11/26/25	11/08-11/15/25	$	10,902.56	$	(436.16)	$	(209.33)	$	-	$	-	$	10,257.07	$	4,094.86	$	3,793.48	$	2,368.73	$	10,257.07	
11/26/25	11/08-11/15/25	$	17,396.74	$	(695.80)	$	(334.02)	$	-	$	-	$	16,366.92	$	6,534.05	$	6,053.15	$	3,779.72	$	16,366.92	
12/08/25	11/16-11/25/25	$  187,374.36	$	(7,494.35)	$	(3,597.60)	$	-	$	-	$	176,282.41	$	70,375.98	$	65,196.34	$	40,710.09	$  176,282.41	
12/08/26	11/16-11/25/25	$  121,972.39	$	(4,879.53)	$	(2,341.86)	$	-	$	-	$	114,751.00	$	45,811.23	$	42,439.55	$	26,500.22	$  114,751.00	
12/17/25	INV#4652331	$	(6,685.81)	$	-	$	-	$	-	$	-	$	(6,685.81)	$	(2,669.13)	$	(2,472.68)	$	(1,544.00)	$	(6,685.81)	
12/17/25	INV#4652332	$	(4,442.79)	$	-	$	-	$	-	$	-	$	(4,442.79)	$	(1,773.67)	$	(1,643.12)	$	(1,026.00)	$	(4,442.79)	
12/19/25	11/26-11/30/25	$  386,013.83	$	(15,439.19)	$	(7,411.49)	$	-	$	-	$	363,163.15	$	144,983.06	$	134,312.37	$	83,867.72	$  363,163.15	
12/19/25	11/26-11/30/25	$  259,617.21	$	(10,386.02)	$	(4,984.62)	$	-	$	-	$	244,246.57	$	97,508.83	$	90,332.23	$	56,405.51	$  244,246.57	
12/31/25	12/01-12/15/25	$	4,678.84	$	(1,228.38)	$	(69.01)	$	-	$	-	$	3,381.45	$	1,349.95	$	1,250.60	$	780.90	$	3,381.45	
12/31/25	12/01-12/15/25	$	3,407.05	$	(769.99)	$	(52.74)	$	-	$	-	$	2,584.32	$	1,031.72	$	955.79	$	596.81	$	2,584.32	
1/9/26	12/16-12/31/25	$	2,006.53	$	(60.19)	$	(38.93)	$	-	$	-	$	1,907.41	$	761.48	$	705.44	$	440.49	$	1,907.41	
1/9/26	12/16-12/31/25	$	1,362.82	$	(40.88)	$	(26.44)	$	-	$	-	$	1,295.50	$	517.19	$	479.13	$	299.18	$	1,295.50	
1/29/26	10/01-12/31/25	$	-	$	-	$	-	$	1,070.28	$	-	$	1,070.28	$	427.28	$	395.83	$	247.17	$	1,070.28	
1/29/26	10/01-12/31/25	$	-	$	-	$	-	$	710.90	$	-	$	710.90	$	283.81	$	262.92	$	164.17	$	710.90	
2/13/26	01/01-01/31/26	$	3,747.83	$	(68.15)	$	(721.34)	$	-	$	-	$	2,958.34	$	1,181.04	$	1,094.11	$	683.19	$	2,958.34	
2/13/26	01/01-01/31/26	$	5,461.60	$	(98.07)	$	(954.99)	$	-	$	-	$	4,408.54	$	1,759.99	$	1,630.46	$	1,018.09	$	4,408.54	

94.49%
$	57,066.26
Net Percentage Collected Balance Remaining To Collect

DIRECT BILL ASSESSMENTS

Lennar Homes, LLC
2026-01		
Net Assessments	
$	842,455.09	
$	324,015.38	
$	518,439.71		
Date Received	Due Date	Check Number	Net Assessed	Amount Received	General Fund	Series 2025 Debt	
10/27/25	11/1/25	2557437	$	421,227.55	$	421,227.55	$	162,007.69	$	259,219.86	
2/18/26	2/1/26	2624028	$	210,613.77	$	210,613.77	$	81,003.84	$	129,609.93	
	5/1/26		$	210,613.77				
			$	842,455.09	$	631,841.32	$	243,011.53	$	388,829.79	
Ranches at Lake McLeod
Community Development District Long Term Debt Report

Series 2023, Special Assessment Revenue Bonds

Interest Rate:	4.625%, 5.250%, 5.500%
Maturity Date:	6/15/2053
Reserve Fund Definition	50% Maximum Annual Debt Service Reserve Fund Requirement		$191,384
Reserve Fund Balance	$191,384

Bonds Outstanding - 6/27/23	$5,665,000
Less: Principal Payment - 6/15/24	($80,000)
Less: Principal Payment - 6/15/25	($85,000)	
Current Bonds Outstanding	$5,500,000	

Series 2025, Special Assessment Revenue Bonds

Interest Rate:	4.250%, 4.550%, 5.450%, 5.650%
Maturity Date:	6/15/2055
Reserve Fund Definition	50% Maximum Annual Debt Service Reserve Fund Requirement		$378,725
Reserve Fund Balance	$378,725

Bonds Outstanding - 3/27/25	$11,085,000	
Current Bonds Outstanding	$11,085,000