Agenda Page 1 LEXINGTON OAKS COMMUNITY DEVELOPMENT DISTRICT APRIL 19, 2018 Agenda Package

Agenda Page 1 COMMUNITY DEVELOPMENT DISTRICT APRIL 19, 2018 Agenda Package

April 12, 2018 Lexington Oaks Inframark, Infrastructure Management Services 210 North University Drive Suite 702, Coral Springs, Florida 33071 Phone: 954-603-0033 Fax: 954-345-1292 Board of Supervisors Lexington Oaks Dear Board Members: The regular meeting of the Board of Supervisors of the Lexington Oaks will be held on Thursday, April 19, 2018, at 6:30 p.m. at the Lexington Oaks Clubhouse, 26304 Lexington Oaks Boulevard, Wesley Chapel, Florida. Following is the advance agenda for this meeting: 1. Roll Call 2. Pledge of Allegiance 3. Additions/Corrections to the Agenda 4. Public Comments on Agenda Items 5. Engineer s Report A. Pond 27 Costs of Alternatives i. Weir Design ii. Sand Bar Removal iii. Soil/Sand Removal Bid B. Shoreline 6. Attorney s Report 7. Items for Consideration A. Discussion of Tip Capital B. LMP Agreement Extension C. Splash Pad Bid 8. Manager s Report A. Consent Agenda i. Minutes of the March 15, 2018 Meeting ii. Financial Report Dated March 31, 2018 iii. FY 2019 Budget Discussion 9. Staff Report Site/Clubhouse Manager 10. Audience Comments 11. Supervisors Requests and Comments 12. Adjournment Agenda Page 2 Enclosed for your review are the documents available for the meeting. Any other supporting documentation for the items listed above, not included in the package, will be distributed electronically and copies provided at the meeting. In the meantime, if you have any questions, please contact me. Sincerely, Bob Nanni Bob Nanni

Fifth Order of Business Agenda Page 3

Agenda Page 4 CDD ENGINEER S UPDATE 4/11/18 Pond 27D Regrading and Potential Sediment Removal The Request for Proposals was issued to nine contractors on 4/3/2018. Proposals are due 4/18/18. A summary of the proposals and a recommendation for award will be presented at the 4/19/18 CDD Board meeting. At the 4/19/18 the Board will have the information needed to evaluate the costs of various options for sediment removal. Pond Restoration Program JTM requested a price from Finn Outdoor to complete the 2018 work identified in the Pond Restoration Program. The work includes weir repairs at Sump 1B, Sump 2B, Sump 3B, and Pond 19A, and bank restoration at Pond 24A. The original estimate for this work was $56,915. If the price is in line with the original estimate, the Agreement will be presented for execution by the CDD Board at the 4/19/18 CDD Board meeting. Upcoming SWFWMD Statement of Inspection (Tennis Courts) This Statement of Inspection was completed and submitted to SWFWMD (prior to its due date of 4/28/18). Miscellaneous Assistance JMT provided to Todd Wilhelmi a list of potential contractors to repair the monument that was recently damaged. P:\Projects\371LexOak\371-001.001\admin\ProjMgmt\Engineer's Reports\2018\Engineer's Report 2018-04-11.docx

Eighth Order of Business Agenda Page 5

8Ai Agenda Page 6

Agenda Page 7 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 MINUTES OF MEETING COMMUNITY DEVELOPMENT DISTRICT The regular meeting of the Board of Supervisors of the Lexington Oaks Community Development District was held on Thursday, March 15, 2018 at 6:30 p.m. at the Lexington Oaks Clubhouse, 26304 Lexington Oaks Boulevard, Wesley Chapel, Florida. Present and constituting a quorum were: Peter Hanzel Chairman Terry Bechtel Vice Chairman Rick Carroll Assistant Secretary Ron Cox Assistant Secretary Also present: Bob Nanni District Manager Todd Wilhelmi Clubhouse Manager Kimberly DeBosier District Engineer Residents The following is a summary of the minutes and actions taken. FIRST ORDER OF BUSINESS Roll Call Mr. Hanzel called the meeting to order and called the roll. A quorum was established. SECOND ORDER OF BUSINESS Pledge of Allegiance The Pledge of Allegiance was recited. FOURTH ORDER OF BUSINESS Public Comments on Agenda Items Public Comments were received on the following: Results from the Survey for Pimlico Pond 27D to be discussed during Engineer s Report. Unapproved

March 15, 2018 Lexington Oaks CDD Agenda Page 8 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 THIRD ORDER OF BUSINESS Additions/Corrections to the Agenda None. FIFTH ORDER OF BUSINESS Engineer s Report A. Pond 27 Costs of Alternatives Ms. DeBosier reported on the following: To restore Pond 27D to As-Built Permitted condition would cost $50,000 to $60,000. Sandbar removal costs $10,000. Restore the shoreline and bank at weir maintained by the golf course. Competitive proposals for moving or removing sandbars to be obtained for the next meeting. Bank erosion. 2018 Weir Repair and Pond Restoration Contract with Finn Outdoor to be finalized and presented at the April 19, 2018 Meeting. Let the record reflect Ms. DeBosier left the meeting. SIXTH ORDER OF BUSINESS Attorney s Report A. Consideration of First Addendum to the Landscape Maintenance Agreement Mr. Nanni reported that Mr. Babbar submitted the First Addendum to the twoyear extension of the contract with LMP. The Terms and Conditions of the Agreement were ratified and confirmed. Mr. Cox MOVED to accept the First Addendum, extension of Landscape Maintenance Professionals, Inc. (LMP) for an additional two years at the existing contract price and Mr. Hanzel seconded the motion. Discussion ensued regarding unannounced water suspension by LMP. The Board agrees to speak to Scott from LMP at the April 5, 2018 Workshop. Unapproved 2

March 15, 2018 Lexington Oaks CDD Agenda Page 9 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 On VOICE vote with Mr. Cox and Mr. Hanzel voting aye and Mr. Carroll and Mr. Betchtel voting nay to extend the LMP for an additional two years the prior motion failed. 2-2 SEVENTH ORDER OF BUSINESS Items for Consideration None. EIGHTH ORDER OF BUSINESS Manager s Report A. Consent Agenda i. Minutes of the February 15, 2018 Meeting On MOTION by Mr. Bechtel seconded by Mr. Hanzel with all in favor the minutes of the February 15, 2018 Meeting were approved. 4-0 ii. Financial Report On MOTION by Mr. Bechtel seconded by Mr. Carroll with all in favor the Financial Report for the period ending February 28, 2018 was approved. 4-0 B. Consideration of Resolution 2018-02 Confirming the District s Use of the Pasco County Supervisor of Elections to Continue Conducting the District s Election of Supervisors in Conjunction with the General Election On MOTION by Mr. Hanzel seconded by Mr. Carroll with all in favor Resolution 2018-02 Confirming the District s use of the Pasco County Supervisor of Elections to Continue Conducting the District s Election of Supervisors in Conjunction with the General Election was adopted. 4-0 C. FLC Risk and Safety Management Services Mr. Nanni informed the Board that the Florida League of Cities offers services identifying insurance issues. Discussion ensued regarding electronic books of the Agenda Package. Electronic Invoices will be sent to the Board with the Agenda Package. Unapproved 3

March 15, 2018 Lexington Oaks CDD Agenda Page 10 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 NINTH ORDER OF BUSINESS Site/ Clubhouse Manager Report Mr. Wilhelmi provided an update on the following items: Preakness Gate parts will be delivered and Accurate Electronics will install them. Gates will only need to stay open for one night. Re-routing of traffic will not be necessary. A Proposal in the amount of $5,666 for the Monument Lights from Advanced Energy Solutions was presented. On MOTION by Mr. Carroll seconded by Mr. Bechtel with all in favor the Proposal from Advanced Energy Solutions for lighting improvements in the amount of $5,666 was approved. 4-0 A proposal from SecuriTeam for lowering the cameras on the pole to allow for tree trimming will be obtained. Margaret Chase is the new employee at the Clubhouse. Black Bears are digging into garbage. Residents are encouraged to put their garbage out in the morning as opposed to the evening. The State will be contacted to resolve the issue. TENTH ORDER OF BUSINESS Audience Comments Audience Comments were received regarding the following: Picture of Pond 27D Waterline on the Dam near the Conservation Line ELEVENTH ORDER OF BUSINESS Supervisors Requests and Comments Terry Bechtel: Reclaim water will be off from 8 a.m. to 6 p.m. Ronald Cox: Splash Pad proposals Peter Hanzel: Unapproved 4

March 15, 2018 Lexington Oaks CDD Agenda Page 11 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 Use of Clubhouse for Town Hall Meetings Purchase of Golf Course Fence around the well TWELFTH ORDER OF BUSINESS Adjournment On MOTION by Mr. Carroll seconded by Mr. Hanzel with all in favor the meeting was adjourned. 4-0 Peter Hanzel, Chairperson Unapproved 5

Agenda Page 12

Agenda Page 13 Financial Report March 31, 2018

Agenda Page 14 Table of Contents FINANCIAL STATEMENTS Page # Balance Sheet - All Funds 1-2 Statement of Revenues, Expenditures and Changes in Fund Balance General Fund 3-6 Hawthorne Gate Fund 7 Preakness Gate Fund 8 Debt Service Funds 9-11 SUPPORTING SCHEDULES Trend Report 12-14 Non-Ad Valorem Special Assessments - Schedule 15 Cash and Investment Report 16 Bank Reconciliations 17-18 Utility Report 19-21 Check Register Summary 22 Payment Register by Bank Account 23-25

Agenda Page 15 Financial Statements (Unaudited) March 31, 2018

Agenda Page 16 Governmental Funds Balance Sheet March 31, 2018 ACCOUNT DESCRIPTION GENERAL FUND GENERAL FUND - HAWTHORN E GATE GENERAL FUND - PREAKNESS GATE SERIES 2008A-1 DEBT SERVICE FUND SERIES 2011 DEBT SERVICE FUND SERIES 2017 DEBT SERVICE FUND TOTAL ASSETS Cash - Checking Account $ 13,839 $ - $ - $ - $ - $ - $ 13,839 Accounts Receivable 1,400 - - - - - 1,400 Due From Other Funds - 39,955 70,920 1,721 2,251 1,088 115,935 Investments: Money Market Account 1,224,499 - - - - - 1,224,499 Cost of Issuance Fund - - - - - 2,249 2,249 Prepayment Account - - - - 4,266-4,266 Redemption Fund - - - 364 - - 364 Reserve Fund - - - 23,384 148,793 13,708 185,885 Revenue Fund - - - 287,176 293,537 165,577 746,290 Prepaid Items 3,110 50 - - - - 3,160 Utility Deposits - TECO 855 - - - - - 855 TOTAL ASSETS $ 1,243,703 $ 40,005 $ 70,920 $ 312,645 $ 448,847 $ 182,622 $ 2,298,742 LIABILITIES Accounts Payable $ 43,359 $ 91 $ 54 $ - $ - $ - $ 43,504 Accrued Expenses 1,740 - - - - - 1,740 Accrued Wages Payable 2,326 - - - - - 2,326 Accrued Taxes Payable 178 - - - - - 178 Sales Tax Payable 83-3 - - - 86 Deposits 5,630 - - - - - 5,630 Due To Other Funds 115,935 - - - - - 115,935 TOTAL LIABILITIES 169,251 91 57 - - - 169,399 Page 1

Agenda Page 17 Governmental Funds Balance Sheet March 31, 2018 ACCOUNT DESCRIPTION GENERAL FUND GENERAL FUND - HAWTHORN E GATE GENERAL FUND - PREAKNESS GATE SERIES 2008A-1 DEBT SERVICE FUND SERIES 2011 DEBT SERVICE FUND SERIES 2017 DEBT SERVICE FUND TOTAL FUND BALANCES Nonspendable: Prepaid Items 3,110 50 - - - - 3,160 Deposits 855 - - - - - 855 Restricted for: Debt Service - - - 312,645 448,847 182,622 944,114 Assigned to: Operating Reserves 53,290 - - - - - 53,290 Reserves - Clubhouse 15,613 - - - - - 15,613 Reserves - Drainage 6,614 - - - - - 6,614 Reserves - Fitness Center 6,453 - - - - - 6,453 Reserves - Gate - 1,880 1,880 - - - 3,760 Reserves - Park 8,000 - - - - - 8,000 Reserves - Ponds 73,962 - - - - - 73,962 Reserves - Pools 94,644 - - - - - 94,644 Reserves - Roadways - 19,661 33,663 - - - 53,324 Reserves - Sidewalks 128,232 6,257 4,871 - - - 139,360 Unassigned: 683,679 12,066 30,449 - - - 726,194 TOTAL FUND BALANCES $ 1,074,452 $ 39,914 $ 70,863 $ 312,645 $ 448,847 $ 182,622 $ 2,129,343 TOTAL LIABILITIES & FUND BALANCES $ 1,243,703 $ 40,005 $ 70,920 $ 312,645 $ 448,847 $ 182,622 $ 2,298,742 Page 2

Agenda Page 18 General Fund Statement of Revenues, Expenditures and Changes in Fund Balances For the Period Ending March 31, 2018 ANNUAL YTD ACTUAL ADOPTED YEAR TO DATE YEAR TO DATE VARIANCE ($) AS A % OF MAR-18 ACCOUNT DESCRIPTION BUDGET BUDGET ACTUAL FAV(UNFAV) ADOPTED BUD ACTUAL REVENUES Interest - Investments $ 2,000 $ 996 $ 5,404 $ 4,408 270.20% $ 1,718 Room Rentals 6,000 3,000 5,839 2,839 97.32% 1,222 Interest - Tax Collector - - 121 121 0.00% - Special Assmnts- Tax Collector 1,249,250 1,173,502 1,208,416 34,914 96.73% 8,944 Special Assmnts- Discounts (49,970) (48,433) (47,485) 948 95.03% (86) Settlements - - 2,989 2,989 0.00% - Other Miscellaneous Revenues 18,000 9,000 11,536 2,536 64.09% 456 TOTAL REVENUES 1,225,280 1,138,065 1,186,820 48,755 96.86% 12,254 EXPENDITURES Administration P/R-Board of Supervisors 23,000 12,000 8,600 3,400 37.39% 1,600 Payroll-Other 3,300 1,650 2,068 (418) 62.67% 472 FICA Taxes 1,760 918 658 260 37.39% 122 Unemployment Compensation 55 30 9 21 16.36% 2 ProfServ-Arbitrage Rebate 1,200 600-600 0.00% - ProfServ-Dissemination Agent 1,000 1,000 1,000-100.00% - ProfServ-Engineering 17,000 8,500 13,985 (5,485) 82.26% - ProfServ-Legal Services 10,000 4,998 3,991 1,007 39.91% - ProfServ-Mgmt Consulting Serv 54,042 27,021 27,021-50.00% 4,504 ProfServ-Property Appraiser 150 150-150 0.00% - ProfServ-Special Assessment 12,793 12,793 12,793-100.00% - ProfServ-Trustee Fees 8,421 4,810 4,737 73 56.25% - ProfServ-Web Site Development 2,000 996 1,000 (4) 50.00% 167 Auditing Services 8,500 8,500 4,850 3,650 57.06% 4,850 Communication - Telephone 660 330-330 0.00% - Postage and Freight 2,000 1,002 692 310 34.60% 83 Insurance - General Liability 8,887 6,663 7,783 (1,120) 87.58% 2,316 Page 3

Agenda Page 19 General Fund Statement of Revenues, Expenditures and Changes in Fund Balances For the Period Ending March 31, 2018 ANNUAL YTD ACTUAL ADOPTED YEAR TO DATE YEAR TO DATE VARIANCE ($) AS A % OF MAR-18 ACCOUNT DESCRIPTION BUDGET BUDGET ACTUAL FAV(UNFAV) ADOPTED BUD ACTUAL Printing and Binding 4,250 2,124 447 1,677 10.52% 66 Legal Advertising 1,500 750-750 0.00% - Misc-Bank Charges 839 419 638 (219) 76.04% 80 Misc-Assessmnt Collection Cost 24,986 23,810 23,219 591 92.93% 177 Misc-County Tax Bill 2,800 2,800 3,789 (989) 135.32% - Office Supplies 500 252 160 92 32.00% 28 Annual District Filing Fee 175 175 175-100.00% - Total Administration 189,818 122,291 117,615 4,676 61.96% 14,467 Flood Control/Stormwater Mgmt Contracts-Lake and Wetland 23,880 11,940 11,940-50.00% 1,990 R&M-Lake 2,500 - - - 0.00% - R&M-Mitigation 5,000 2,500-2,500 0.00% - Total Flood Control/Stormwater Mgmt 31,380 14,440 11,940 2,500 38.05% 1,990 Field Contracts-Landscape 201,200 100,596 100,600 (4) 50.00% 16,867 Insurance - Property 7,985 5,989 4,553 1,436 57.02% 1,518 R&M-Entry Feature 6,000 6,000 7,083 (1,083) 118.05% 267 R&M-Irrigation 25,000 19,750 17,107 2,643 68.43% 3,100 R&M-Mulch 8,000 500 380 120 4.75% - R&M-Plant Replacement 21,000 10,500 9,840 660 46.86% 8,790 R&M-Sidewalks - - 4,000 (4,000) 0.00% 4,000 R&M-Sidewalk Cleaning 8,000 4,000-4,000 0.00% - R&M-Annuals 17,400 8,700 5,800 2,900 33.33% 5,800 R&M-Tree Replacement 10,000 10,000 10,935 (935) 109.35% 1,975 R&M-Boundary Walls/Fences/Monuments 38,000 38,000 43,880 (5,880) 115.47% - Capital Improvements 76,322 - - - 0.00% - Total Field 418,907 204,035 204,178 (143) 48.74% 42,317 Page 4

Agenda Page 20 General Fund Statement of Revenues, Expenditures and Changes in Fund Balances For the Period Ending March 31, 2018 ANNUAL YTD ACTUAL ADOPTED YEAR TO DATE YEAR TO DATE VARIANCE ($) AS A % OF MAR-18 ACCOUNT DESCRIPTION BUDGET BUDGET ACTUAL FAV(UNFAV) ADOPTED BUD ACTUAL Utilities Contracts-Solid Waste Services 1,507 756 754 2 50.03% - Communication - Teleph - Field 4,000 1,998 3,050 (1,052) 76.25% (18) Electricity - General 140,000 70,000 65,988 4,012 47.13% (119) Utility - Gas 23,000 11,500 21,088 (9,588) 91.69% 4,839 Utility - Water & Sewer 15,000 7,500 6,196 1,304 41.31% (387) Total Utilities 183,507 91,754 97,076 (5,322) 52.90% 4,315 Parks and Recreation - General Payroll-Salaries 76,000 38,000 37,959 41 49.95% 9,049 Payroll-Site Manager 49,000 24,500 24,269 231 49.53% 5,654 Payroll - Bonus - - 1,000 (1,000) 0.00% - FICA Taxes 9,563 4,782 4,596 186 48.06% 1,125 Payroll Taxes - - 162 (162) 0.00% - Workers' Compensation 4,000 3,000 4,374 (1,374) 109.35% 1,458 Unemployment Compensation 182 91 29 62 15.93% 7 Contracts-Pools 15,000 7,500 7,050 450 47.00% 1,025 Contracts-Security Alarms 480 240 240-50.00% 40 Contracts-Sheriff 20,000 10,000 7,830 2,170 39.15% 1,750 Contracts-Security System 34,738 17,365 17,369 (4) 50.00% 2,895 R&M-Clubhouse 17,000 15,996 9,919 6,077 58.35% (2,897) R&M-Parks 5,000 2,500 325 2,175 6.50% 100 R&M-Pools 15,000 9,300 7,191 2,109 47.94% 394 R&M-Fitness Center 12,000 6,000 4,609 1,391 38.41% 135 Misc-Property Taxes 1,989 1,989-1,989 0.00% - Misc-Security Enhancements 2,500 - - - 0.00% - Holiday Lighting & Decorations 5,000 5,000 2,680 2,320 53.60% - Op Supplies - Clubhouse 15,000 6,800 6,754 46 45.03% 1,927 Total Parks and Recreation - General 282,452 153,063 136,356 16,707 48.28% 22,662 Page 5

Agenda Page 21 General Fund Statement of Revenues, Expenditures and Changes in Fund Balances For the Period Ending March 31, 2018 ANNUAL YTD ACTUAL ADOPTED YEAR TO DATE YEAR TO DATE VARIANCE ($) AS A % OF MAR-18 ACCOUNT DESCRIPTION BUDGET BUDGET ACTUAL FAV(UNFAV) ADOPTED BUD ACTUAL Reserves Reserve-Boundary Wall/Fences/Monuments 10,000 10,000 6,476 3,524 64.76% 6,476 Reserve - Clubhouse 3,000 - - - 0.00% - Reserve - Drainage Structures 5,000 - - - 0.00% - Reserve - Fitness Center 933 - - - 0.00% - Reserve - Parks 3,000 - - - 0.00% - Reserve - Ponds 42,283 34,250 34,250-81.00% - Reserves-Rec Facilities 30,000 - - - 0.00% - Reserve - Sidewalks 25,000 21,275 21,275-85.10% - Total Reserves 119,216 65,525 62,001 3,524 52.01% 6,476 TOTAL EXPENDITURES & RESERVES 1,225,280 651,108 629,166 21,942 51.35% 92,227 Excess (deficiency) of revenues Over (under) expenditures - 486,957 557,654 70,697 0.00% (79,973) Net change in fund balance $ - $ 486,957 $ 557,654 $ 70,697 0.00% $ (79,973) FUND BALANCE, BEGINNING (OCT 1, 2017) 516,798 516,798 516,798 FUND BALANCE, ENDING $ 516,798 $ 1,003,755 $ 1,074,452 Page 6

Agenda Page 22 General Fund - Hawthorne Gate Statement of Revenues, Expenditures and Changes in Fund Balances For the Period Ending March 31, 2018 ANNUAL YTD ACTUAL ADOPTED YEAR TO DATE YEAR TO DATE VARIANCE ($) AS A % OF MAR-18 ACCOUNT DESCRIPTION BUDGET BUDGET ACTUAL FAV(UNFAV) ADOPTED BUD ACTUAL REVENUES Interest - Investments $ 40 $ 18 $ 103 $ 85 257.50% $ - Special Assmnts- Tax Collector 10,673 10,380 10,324 (56) 96.73% 76 Special Assmnts- Discounts (427) (415) (406) 9 95.08% (1) Gate Bar Code/Remotes 300 150 262 112 87.33% - TOTAL REVENUES 10,586 10,133 10,283 150 97.14% 75 EXPENDITURES Administration Misc-Assessmnt Collection Cost 213 205 198 7 92.96% 2 Total Administration 213 205 198 7 92.96% 2 Gatehouse Communication - Telephone 799 396 272 124 34.04% 272 Electricity - Gate 595 300 277 23 46.55% (12) R&M-Gate 2,760 1,380 1,106 274 40.07% 280 Total Gatehouse 4,154 2,076 1,655 421 39.84% 540 Reserves Reserve - Gate 940 - - - 0.00% - Reserve - Roadways 2,835 - - - 0.00% - Reserve - Sidewalks 2,444 - - - 0.00% - Total Reserves 6,219 - - - 0.00% - TOTAL EXPENDITURES & RESERVES 10,586 2,281 1,853 428 17.50% 542 Excess (deficiency) of revenues Over (under) expenditures - 7,852 8,430 578 0.00% (467) Net change in fund balance $ - $ 7,852 $ 8,430 $ 578 0.00% $ (467) FUND BALANCE, BEGINNING (OCT 1, 2017) 31,484 31,484 31,484 FUND BALANCE, ENDING $ 31,484 $ 39,336 $ 39,914 Page 7

Agenda Page 23 General Fund - Preakness Gate Statement of Revenues, Expenditures and Changes in Fund Balances For the Period Ending March 31, 2018 ANNUAL YTD ACTUAL ADOPTED YEAR TO DATE YEAR TO DATE VARIANCE ($) AS A % OF MAR-18 ACCOUNT DESCRIPTION BUDGET BUDGET ACTUAL FAV(UNFAV) ADOPTED BUD ACTUAL REVENUES Interest - Investments $ 80 $ 42 $ 184 $ 142 230.00% $ - Special Assmnts- Tax Collector 14,410 13,854 13,939 85 96.73% 103 Special Assmnts- Discounts (576) (534) (548) (14) 95.14% (1) Gate Bar Code/Remotes 200 96 398 302 199.00% 47 TOTAL REVENUES 14,114 13,458 13,973 515 99.00% 149 EXPENDITURES Administration Misc-Assessmnt Collection Cost 288 266 268 (2) 93.06% 2 Total Administration 288 266 268 (2) 93.06% 2 Gatehouse Communication - Telephone 691 343 209 134 30.25% 209 Electricity - Gate 691 343 304 39 43.99% 1 R&M-Gate 2,000 1,652 1,619 33 80.95% 149 Total Gatehouse 3,382 2,338 2,132 206 63.04% 359 Reserves Reserve - Gate 940 - - - 0.00% - Reserve - Roadways 4,893 - - - 0.00% - Reserve - Sidewalks 4,611 - - - 0.00% - Total Reserves 10,444 - - - 0.00% - TOTAL EXPENDITURES & RESERVES 14,114 2,604 2,400 204 17.00% 361 Excess (deficiency) of revenues Over (under) expenditures - 10,854 11,573 719 0.00% (212) Net change in fund balance $ - $ 10,854 $ 11,573 $ 719 0.00% $ (212) FUND BALANCE, BEGINNING (OCT 1, 2017) 59,290 59,290 59,290 FUND BALANCE, ENDING $ 59,290 $ 70,144 $ 70,863 Page 8

Agenda Page 24 Series 2008A-1 Debt Service Fund Statement of Revenues, Expenditures and Changes in Fund Balances For the Period Ending March 31, 2018 ANNUAL YTD ACTUAL ADOPTED YEAR TO DATE YEAR TO DATE VARIANCE ($) AS A % OF MAR-18 ACCOUNT DESCRIPTION BUDGET BUDGET ACTUAL FAV(UNFAV) ADOPTED BUD ACTUAL REVENUES Interest - Investments $ 80 $ 42 $ 142 $ 100 177.50% $ 41 Special Assmnts- Tax Collector 247,724 206,437 239,626 33,189 96.73% 1,774 Special Assmnts- Prepayment - - 364 364 0.00% - Special Assmnts- Delinquent 1,519 - - - 0.00% - Special Assmnts- Discounts (9,909) (8,258) (9,416) (1,158) 95.02% (17) TOTAL REVENUES 239,414 198,221 230,716 32,495 96.37% 1,798 EXPENDITURES Administration Misc-Assessmnt Collection Cost 4,954 4,128 4,604 (476) 92.94% 35 Total Administration 4,954 4,128 4,604 (476) 92.94% 35 Debt Service Principal Debt Retirement A-1 215,000 - - - 0.00% - Interest Expense Series A-1 18,619 9,310 9,310-50.00% - Total Debt Service 233,619 9,310 9,310-3.99% - TOTAL EXPENDITURES 238,573 13,438 13,914 (476) 5.83% 35 Excess (deficiency) of revenues Over (under) expenditures 841 184,783 216,802 32,019 n/a 1,763 OTHER FINANCING SOURCES (USES) Contribution to (Use of) Fund Balance 841 - - - 0.00% - TOTAL FINANCING SOURCES (USES) 841 - - - 0.00% - Net change in fund balance $ 841 $ 184,783 $ 216,802 $ 32,019 n/a $ 1,763 FUND BALANCE, BEGINNING (OCT 1, 2017) 95,843 95,843 95,843 FUND BALANCE, ENDING $ 96,684 $ 280,626 $ 312,645 Page 9

Agenda Page 25 Series 2011 Debt Service Fund Statement of Revenues, Expenditures and Changes in Fund Balances For the Period Ending March 31, 2018 ANNUAL YTD ACTUAL ADOPTED YEAR TO DATE YEAR TO DATE VARIANCE ($) AS A % OF MAR-18 ACCOUNT DESCRIPTION BUDGET BUDGET ACTUAL FAV(UNFAV) ADOPTED BUD ACTUAL REVENUES Interest - Investments $ 60 $ 30 $ 249 $ 219 415.00% $ 59 Special Assmnts- Tax Collector 323,999 311,504 313,408 1,904 96.73% 2,320 Special Assmnts- Discounts (12,960) (11,960) (12,316) (356) 95.03% (22) TOTAL REVENUES 311,099 299,574 301,341 1,767 96.86% 2,357 EXPENDITURES Administration Misc-Assessmnt Collection Cost 6,480 6,287 6,022 265 92.93% 46 Total Administration 6,480 6,287 6,022 265 92.93% 46 Debt Service Principal Debt Retirement 135,000 - - - 0.00% - Principal Prepayments - - 5,000 (5,000) 0.00% - Interest Expense 164,850 82,425 82,460 (35) 50.02% - Total Debt Service 299,850 82,425 87,460 (5,035) 29.17% - TOTAL EXPENDITURES 306,330 88,712 93,482 (4,770) 30.52% 46 Excess (deficiency) of revenues Over (under) expenditures 4,769 210,862 207,859 (3,003) n/a 2,311 OTHER FINANCING SOURCES (USES) Contribution to (Use of) Fund Balance 4,769 - - - 0.00% - TOTAL FINANCING SOURCES (USES) 4,769 - - - 0.00% - Net change in fund balance $ 4,769 $ 210,862 $ 207,859 $ (3,003) n/a $ 2,311 FUND BALANCE, BEGINNING (OCT 1, 2017) 240,988 240,988 240,988 FUND BALANCE, ENDING $ 245,757 $ 451,850 $ 448,847 Page 10

Agenda Page 26 Series 2017 Debt Service Fund Statement of Revenues, Expenditures and Changes in Fund Balances For the Period Ending March 31, 2018 ANNUAL YTD ACTUAL ADOPTED YEAR TO DATE YEAR TO DATE VARIANCE ($) AS A % OF MAR-18 ACCOUNT DESCRIPTION BUDGET BUDGET ACTUAL FAV(UNFAV) ADOPTED BUD ACTUAL REVENUES Interest - Investments $ - $ - $ 76 $ 76 0.00% $ 23 Special Assmnts- Tax Collector - - 151,488 151,488 0.00% 1,121 Special Assmnts- Discounts - - (5,953) (5,953) 0.00% (11) TOTAL REVENUES - - 145,611 145,611 0.00% 1,133 EXPENDITURES Administration Misc-Assessmnt Collection Cost - - 2,911 (2,911) 0.00% 22 Total Administration - - 2,911 (2,911) 0.00% 22 Debt Service Interest Expense - - 4,823 (4,823) 0.00% - Cost of Issuance - - 23,098 (23,098) 0.00% - Total Debt Service - - 27,921 (27,921) 0.00% - TOTAL EXPENDITURES - - 30,832 (30,832) 0.00% 22 Excess (deficiency) of revenues Over (under) expenditures - - 114,779 114,779 0.00% 1,111 OTHER FINANCING SOURCES (USES) Interfund Transfer - In - - 88,206 88,206 0.00% - Operating Transfers-Out - - (87,934) (87,934) 0.00% - TOTAL FINANCING SOURCES (USES) - - 272 272 0.00% - Net change in fund balance $ - $ - $ 115,051 $ 115,051 0.00% $ 1,111 FUND BALANCE, BEGINNING (OCT 1, 2017) - - 67,571 FUND BALANCE, ENDING $ - $ - $ 182,622 Page 11

Agenda Page 27 Supporting Schedules March 31, 2018

Agenda Page 28 Trend Report - General Fund Statement of Revenues, Expenditures and Changes in Fund Balances For the Period Ending March 31, 2018 Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Actual Thru Projected FY2018 Adopted % of Account Description Actual Actual Actual Actual Actual Actual Projected Projected Projected Projected Projected Projected 3/31/2018 Next 6 Mths Total Budget Budget TOTAL Revenues Interest - Investments $ 439 $ 354 $ 1,097 $ 1,483 $ 312 $ 1,718 $ 901 $ 901 $ 901 $ 901 $ 901 $ 901 $ 5,404 $ 5,404 $ 10,808 $ 2,000 540% Room Rentals 1,008 445 655 1,011 1,498 1,222 500 500 500 500 500 500 5,839 3,000 8,839 6,000 147% Tennis Membership 3,651 (3,651) - - - - - - - - - - - - - - 0% Interest - Tax Collector - 8 - - 113 - - - - - - - 121-121 - 0% Special Assmnts- Tax Collecto - 87,163 1,067,352 31,462 13,495 8,944 40,834 - - - - - 1,208,416 40,834 1,249,250 1,249,250 100% Special Assmnts- Discounts - (3,598) (42,567) (930) (303) (86) - - - - - - (47,485) - (47,485) (49,970) 95% Settlements - - 2,989 - - - - - - - - - 2,989-2,989-0% Other Miscellaneous Revenues 173 3,709 6,279 436 483 456 1,500 1,500 1,500 1,500 1,500 1,500 11,536 9,000 20,536 18,000 114% Total Revenues 5,271 84,430 1,035,805 33,462 15,598 12,254 43,735 2,901 2,901 2,901 2,901 2,901 1,186,820 58,238 1,245,058 1,225,280 102% Expenditures Administrative P/R-Board of Supervisors 2,000 1,600 1,000 800 1,600 1,600 2,000 2,000 2,000 2,000 2,000 1,000 8,600 11,000 19,600 23,000 85% Payroll-Other 208 206 477 328 377 472 153 275 275 275 275 275 2,068 1,528 3,596 3,300 109% FICA Taxes 153 122 77 61 122 122 153 153 153 153 153 77 658 842 1,500 1,760 85% Unemployment Compensation 2 2 1 1 2 2 5 4 4 4 4 4 9 25 34 55 62% ProfServ-Arbitrage Rebate - - - - - - - - - - 600 - - 600 600 1,200 50% ProfServ-Dissemination Agen - - - 1,000 - - - - - - - - 1,000-1,000 1,000 100% ProfServ-Engineering - 7,510-3,298 3,178 - - - - - 1,417 1,417 13,985 2,834 16,819 17,000 99% ProfServ-Legal Services 1,216 725 285 245 1,520-833 833 833 833 833 837 3,991 5,002 8,993 10,000 90% ProfServ-Mgmt Consulting Serv 4,504 4,504 4,504 4,504 4,504 4,504 4,504 4,504 4,504 4,504 4,504 4,504 27,021 27,021 54,042 54,042 100% ProfServ-Property Appraiser - - - - - - - - - - - - - - - 150 0% ProfServ-Special Assessmen - - 12,793 - - - - - - - - - 12,793-12,793 12,793 100% ProfServ-Trustee Fees - 4,737 - - - - - - 3,684 - - - 4,737 3,684 8,421 8,421 100% ProfServ-Web Site Developmen 167 167 167 167 167 167 167 167 167 167 167 167 1,000 1,000 2,000 2,000 100% Auditing Services - - - - - 4,850 - - - - - - 4,850-4,850 8,500 57% Communication - Telephone - - - - - - 55 55 55 55 55 55-330 330 660 50% Postage and Freight 187 81 115 84 142 83 167 167 167 167 167 163 692 998 1,690 2,000 85% Insurance - General Liability 2,236 480 2,236 435 80 2,316 - - 2,236 - - - 7,783 2,236 10,019 8,887 113% Printing and Binding 110 83 80 34 76 66 354 354 354 354 354 356 447 2,126 2,573 4,250 61% Legal Advertising - - - - - - 125 125 125 125 125 125-750 750 1,500 50% Misc-Bank Charges 70 80 69 248 91 80 70 70 70 70 70 70 638 420 1,058 839 126% Misc-Assessmnt Collection Cos - 1,671 20,496 611 264 177 1,176 - - - - - 23,219 1,176 24,395 24,986 98% Misc-County Tax Bil - 3,789 - - - - - - - - - - 3,789-3,789 2,800 135% Office Supplies 33 33 66 - - 28 42 42 42 42 42 38 160 248 408 500 82% Annual District Filing Fee - 175 - - - - - - - - - - 175-175 175 100% Total Administrative 10,886 25,965 42,366 11,816 12,123 14,467 9,803 8,748 14,668 8,748 10,765 9,087 117,615 61,820 179,435 189,818 95% Report Date: 4/10/2018 Page 12

Agenda Page 29 Trend Report - General Fund Statement of Revenues, Expenditures and Changes in Fund Balances For the Period Ending March 31, 2018 Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Actual Thru Projected FY2018 Adopted % of Account Description Actual Actual Actual Actual Actual Actual Projected Projected Projected Projected Projected Projected 3/31/2018 Next 6 Mths Total Budget Budget TOTAL Flood Control/Stormwater Mgmt Contracts-Lake and Wetland 1,990 1,990 1,990 1,990 1,990 1,990 1,990 1,990 1,990 1,990 1,990 1,990 11,940 11,940 23,880 23,880 100% R&M-Lake - - - - - - - - - - - 2,500-2,500 2,500 2,500 100% R&M-Mitigation - - - - - - 1,250 - - 1,250 1,250 1,250-5,000 5,000 5,000 100% Total Flood Control/Stormwater Mgmt 1,990 1,990 1,990 1,990 1,990 1,990 3,240 1,990 1,990 3,240 3,240 5,740 11,940 19,440 31,380 31,380 100% Field Contracts-Landscape 16,767 16,767 16,767 16,767 16,667 16,867 16,766 16,766 16,766 16,766 16,766 16,774 100,600 100,604 201,204 201,200 100% Insurance - Property 1,518-1,518 - - 1,518 - - 1,518 - - - 4,553 1,518 6,071 7,985 76% R&M-Entry Feature - - 363 6,454-267 - - - - - - 7,083-7,083 6,000 118% R&M-Irrigation 2,321 1,117 10,011 559-3,100 2,083 2,083 1,083 - - - 17,107 5,249 22,356 25,000 89% R&M-Mulch - 185 195 - - - - - - - - 7,500 380 7,500 7,880 8,000 99% R&M-Plant Replacement - 1,050 - - - 8,790 1,750 1,750 1,750 1,750 1,750 1,750 9,840 10,500 20,340 21,000 97% R&M-Sidewalks - - - - - 4,000 - - - - - - 4,000-4,000-0% R&M-Sidewalk Cleaning - - - - - - 667 667 667 667 667 667-4,002 4,002 8,000 50% R&M-Annuals - - - - - 5,800 1,450 1,450 1,450 1,450 1,450 1,450 5,800 8,700 14,500 17,400 83% R&M-Tree Replacement 6,105 - - - 2,855 1,975 - - - - - - 10,935-10,935 10,000 109% R&M-Boundary Walls/Fences/Monuments 2,300 5,800 - - 35,780 - - - - - - - 43,880-43,880 38,000 115% Capital Improvements - - - - - - - - - - - 76,322-76,322 76,322 76,322 100% Total Field 29,011 24,919 28,854 23,780 55,302 42,317 22,716 22,716 23,234 20,633 20,633 104,463 204,178 214,395 418,573 418,907 100% Utilities Contracts-Solid Waste Services 126 126 126 126 251-126 125 125 125 125 125 754 751 1,505 1,507 100% Communication - Teleph - Field 421 380 392 1,233 643 (18) 508 508 508 508 508 508 3,050 3,050 6,100 4,000 153% Electricity - Genera 11,053 10,905 10,763 10,995 22,391 (119) 10,998 10,998 10,998 10,998 10,998 10,998 65,988 65,988 131,976 140,000 94% Utility - Gas 6 1,337 5,835 4,561 4,510 4,839 3,515 3,515 3,515 3,515 3,515 3,515 21,088 21,088 42,176 23,000 183% Utility - Water & Sewer 435 469 2,898 986 1,794 (387) 1,033 1,033 1,033 1,033 1,033 1,033 6,196 6,196 12,392 15,000 83% Total Utilities 12,041 13,217 20,014 17,901 29,589 4,315 16,180 16,179 16,179 16,179 16,179 16,179 97,076 97,073 194,149 183,507 106% Parks and Recreation - General Payroll-Salaries 5,722 5,796 5,797 5,774 5,820 9,049 6,333 6,333 6,333 6,333 6,333 6,333 37,959 37,998 75,957 76,000 100% Payroll-Site Manager 3,654 5,154 2,269 3,769 3,769 5,654 4,083 4,083 4,083 4,083 4,083 4,083 24,269 24,498 48,767 49,000 100% Payroll - Bonus - - 1,000 - - - - - - - - - 1,000-1,000-0% FICA Taxes 717 837 454 730 734 1,125 797 797 797 797 797 797 4,596 4,782 9,378 9,563 98% Payroll Taxes - - 162 - - - - - - - - - 162-162 - 0% Workers' Compensation 1,458-1,458 - - 1,458 - - - - - - 4,374-4,374 4,000 109% Unemployment Compensation 1 2 1 10 9 7 15 15 15 15 15 15 29 90 119 182 65% Contracts-Pools 1,175 1,175 1,175 1,325 1,175 1,025 1,175 1,175 1,175 1,175 1,175 1,175 7,050 7,050 14,100 15,000 94% Contracts-Security Alarms (40) 80 80 40 40 40 40 40 40 40 40 40 240 240 480 480 100% Contracts-Sheriff 640 1,280 1,920 1,440 800 1,750 1,667 1,667 1,667 1,667 1,667 1,667 7,830 10,002 17,832 20,000 89% Report Date: 4/10/2018 Page 13

Agenda Page 30 Trend Report - General Fund Statement of Revenues, Expenditures and Changes in Fund Balances For the Period Ending March 31, 2018 Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Actual Thru Projected FY2018 Adopted % of Account Description Actual Actual Actual Actual Actual Actual Projected Projected Projected Projected Projected Projected 3/31/2018 Next 6 Mths Total Budget Budget TOTAL Contracts-Security System 2,895 5,790-2,895 2,895 2,895 2,895 2,895 2,895 2,895 2,895 2,895 17,369 17,369 34,738 34,738 100% R&M-Clubhouse 1,058 1,055 1,340 9,364 - (2,897) 996 - - - - 8 9,919 1,004 10,923 17,000 64% R&M-Parks 47 - - 178-100 417 417 417 417 417 417 325 2,502 2,827 5,000 57% R&M-Pools 250 1,461 255 4,831-394 1,250 1,250 1,250 1,250 700-7,191 5,700 12,891 15,000 86% R&M-Fitness Center 315 2,249 135 503 1,272 135 1,000 1,000 1,000 1,000 1,000 1,000 4,609 6,000 10,609 12,000 88% Misc-Property Taxes - - - - - - - - - - - - - - - 1,989 0% Misc-Security Enhancements - - - - - - - - - - - 2,500-2,500 2,500 2,500 100% Holiday Lighting & Decorations - 2,680 - - - - - - - - - - 2,680-2,680 5,000 54% Op Supplies - Clubhouse 638 885 1,959 1,331 14 1,927 1,000 1,000 1,000 1,000 1,000 3,200 6,754 8,200 14,954 15,000 100% Total Parks and Recreation - General 18,530 28,444 18,005 32,190 16,528 22,662 21,668 20,672 20,672 20,672 20,122 24,130 136,356 127,935 264,291 282,452 94% Total Expenditures 72,458 94,535 111,229 87,677 115,532 85,751 73,607 70,305 76,743 69,472 70,939 159,599 567,165 520,663 1,087,828 1,106,064 98% Reserves Reserve-Boundary Wall/Fences/Monument 35,780 - - - (35,780) 6,476 - - - - - - 6,476-6,476 10,000 65% Reserve - Clubhouse - - - - - - - - - - - 3,000-3,000 3,000 3,000 100% Reserve - Drainage Structures - - - - - - - - - - - 5,000-5,000 5,000 5,000 100% Reserve - Fitness Center - - - - - - - - - - - 933-933 933 933 100% Reserve - Parks - - - - - - - - - - - 3,000-3,000 3,000 3,000 100% Reserve - Ponds - - - 11,303 22,948 - - - - - - 8,033 34,250 8,033 42,283 42,283 100% Reserves-Rec Facilities - - - - - - - - - - - 30,000-30,000 30,000 30,000 100% Reserve - Sidewalks 21,275 - - - - - - - - - - 3,725 21,275 3,725 25,000 25,000 100% Total Reserves 57,055 - - 11,303 (12,832) 6,476 - - - - - 53,691 62,001 53,691 115,692 119,216 97% Total Expenditures & Reserves 129,513 94,535 111,229 98,980 102,700 92,227 73,607 70,305 76,743 69,472 70,939 213,290 629,166 574,354 1,203,520 1,225,280 98% Excess (deficiency) of revenues Over (under) expenditures (124,242) (10,105) 924,576 (65,518) (87,102) (79,973) (29,872) (67,404) (73,842) (66,571) (68,038) (210,389) 557,654 (516,116) 41,538-0% Other Financing Sources (Uses) Contribution to (Use of) Fund Balance - - - - - - (29,872) (67,404) (73,842) (66,571) (68,038) (210,389) - (516,116) (516,116) - 0% Total Financing Sources (Uses) - - - - - - (29,872) (67,404) (73,842) (66,571) (68,038) (210,389) - (516,116) (516,116) - 0% Net change in fund balance $ (124,242) $ (10,105) $ 924,576 $ (65,518) $ (87,102) $ (79,973) $ (29,872) $ (67,404) $ (73,842) $ (66,571) $ (68,038) $ (210,389) $ 557,654 $ (516,116) $ 41,538 $ - 0% Fund Balance, Beginning (Oct 1, 2017) 516,798-516,798 516,798 Fund Balance, Ending $ 1,074,452 $ (516,116) $ 558,336 $ 516,798 Report Date: 4/10/2018 Page 14

Agenda Page 31 All Funds Non-Ad Valorem Special Assessments - Pasco County Tax Collector (Monthly Collection Distributions) For the Fiscal Year Ending September 30, 2018 Discount / Gross Hawthorne Preakness Series 2008A-1 Series 2011 Series 2017 Date Net Amount (Penalties) Collection Amount General Gate Gate Debt Service Debt Service Debt Service Received Received Amount Cost Received Fund Fund Fund Fund Fund Fund Assessments Levied FY 2018 $ 2,002,663 $ 1,249,250 $ 10,673 $ 14,410 $ 247,724 $ 323,999 $ 156,608 Allocation % 100.00% 62.38% 0.53% 0.72% 12.37% 16.18% 7.82% 11/10/17 $ 22,474 $ 1,141 $ 459 $ 24,074 $ 15,017 $ 128 $ 173 $ 2,978 $ 3,895 $ 1,883 11/22/17 108,809 4,626 2,221 115,656 72,146 616 832 14,306 18,711 9,044 12/05/17 351,124 14,929 7,166 373,218 232,811 1,989 2,685 46,166 60,381 29,186 12/08/17 175,442 7,459 3,580 186,482 116,327 994 1,342 23,067 30,170 14,583 12/15/17 986,741 41,908 20,138 1,048,787 654,227 5,589 7,546 129,732 169,677 82,015 12/29/17 96,660 3,944 1,973 102,576 63,986 547 738 12,688 16,595 8,021 01/11/18 47,966 1,492 979 50,436 31,462 269 363 6,239 8,160 3,944 02/13/18 20,725 486 423 21,634 13,495 115 156 2,676 3,500 1,692 03/13/18 13,915 138 284 14,338 8,944 76 103 1,774 2,320 1,121 TOTAL 1,823,857 76,123 37,222 1,937,201 1,208,416 10,324 13,939 239,626 313,408 151,488 % COLLECTED 96.73% 96.73% 96.73% 96.73% 96.73% 96.73% 96.73% TOTAL OUTSTANDING 65,461 40,834 349 471 8,097 10,591 5,119 Report Date: 4/9/2018 Page 15

Agenda Page 32 All Funds Cash and Investment Report March 31, 2018 GENERAL FUND Account Name Bank Name Investment Type Yield Balance Public Funds Now SunTrust Public Funds NOW 1.17% $ 11,137 Government Interest Checking Valley National Bank Government Interest Checking 0.25% $ 2,502 Subtotal $ 13,639 Public Funds Money Market Account BankUnited Money Market 1.00% $ 1,224,499 Subtotal $ 1,224,499 DEBT SERVICE FUNDS Account Name Bank Name Investment Type Yield Balance Series 2008A-1 Redemption Account US Bank Open-Ended Commercial Paper 0.05% 364 Series 2008A-1 Reserve Fund US Bank Open-Ended Commercial Paper 0.05% 23,384 Series 2008A-1 Revenue Fund US Bank Open-Ended Commercial Paper 0.05% 287,176 Series 2011 Prepayment US Bank US Bank Money Market 0.05% 4,266 Series 2011 Reserve Fund US Bank US Bank Money Market 0.05% 148,793 Series 2011 Revenue Fund US Bank US Bank Money Market 0.05% 293,537 Series 2017 Cost of Issuance US Bank US Bank Money Market 0.05% 2,249 Series 2017 Reserve Fund US Bank US Bank Money Market 0.05% 13,708 Series 2017 Revenue Fund US Bank US Bank Money Market 0.05% 165,576 Total $ 2,177,191 Report Date: 4/9/2018 Page 16

Lexington Oaks CDD Bank Reconciliation Agenda Page 33 Bank Account No. 5579 Statement No. 03-18 Statement Date 3/31/2018 SunTrust Bank N.A. - GF G/L Balance (LCY) 11,136.99 G/L Balance 11,136.99 Positive Adjustments 0.00 Subtotal 11,136.99 Negative Adjustments 0.00 Statement Balance 17,055.03 Outstanding Deposits 0.00 Subtotal 17,055.03 Outstanding Checks 5,918.04 Differences 0.00 Ending G/L Balance 11,136.99 Ending Balance 11,136.99 Difference 0.00 Posting Date Document Type Document No. Description Amount Cleared Amount Difference Outstanding Checks 10/10/2017 Payment 006614 DARLENE HERNANDEZ 100.00 0.00 100.00 1/5/2018 Payment 006747 MANUEL DEJESUS 200.00 0.00 200.00 2/12/2018 Payment 006789 DOREEN ILUSTRE 75.00 0.00 75.00 3/2/2018 Payment 006817 KELLY STEWART 100.00 0.00 100.00 3/8/2018 Payment 006828 RYON YORK 75.00 0.00 75.00 3/8/2018 Payment 006832 PROGRESSIVE WASTE SOLUTIONS OF FL 125.60 0.00 125.60 3/20/2018 Payment 006838 LIZBETH ROSA 100.00 0.00 100.00 3/26/2018 Payment 006847 INFRAMARK, LLC 4,784.84 0.00 4,784.84 3/26/2018 Payment 006849 LAURIE SMITH 200.00 0.00 200.00 3/30/2018 Payment 006850 PASCO COUNTY UTILITIES SERVICE 57.60 0.00 57.60 3/30/2018 Payment 006851 WESLEY CHAPEL LIONS FOUNDATION 100.00 0.00 100.00 Total Outstanding Checks... 5,918.04 5,918.04 Page 17

Lexington Oaks CDD Bank Reconciliation Agenda Page 34 Bank Account No. 0201 Statement No. 03-18 Statement Date 3/31/2018 Valley National Bank - GF G/L Balance (LCY) 2,502.02 G/L Balance 2,502.02 Positive Adjustments 0.00 Subtotal 2,502.02 Negative Adjustments 0.00 Statement Balance 2,502.02 Outstanding Deposits 0.00 Subtotal 2,502.02 Outstanding Checks 0.00 Differences 0.00 Ending G/L Balance 2,502.02 Ending Balance 2,502.02 Difference 0.00 Posting Date Document Type Document No. Description Amount Cleared Amount Difference Page 18

Agenda Page 35 Utilities Costs Report FY 2018 Withlacoochee River Electric Cooperative (WREC) Account no. Meter no. Member ID No. Notes Description/Address Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 Mar-18 Total 9/22-10/23 10/23-11/22 11/22-12/21 12/21-1/23 1/23-2/22 2/22-3/22 1265872 n/a 0158 737 011 Public Lighting Public Lighting PL $ 7,465.60 $ 7,465.60 $ 7,465.60 $ 7,521.98 7,578.88 7,578.88 $ 45,076.54 1265875 48250181 0158 737 014 Clubhouse 26304 Lexington Oaks Blvd Clbhse 1,128.17 993.84 1,020.59 1,162.95 1,053.28 862.46 6,221.29 1265876 48250163 0158 737 015 Lift Stations 26312 Sword Dancer Dr LS 8&9 57.66 54.69 53.72 61.30 59.31 55.90 342.58 1265877 21396593 0158 737 016 Saratoga War Admiral Dr N Entr 41.28 38.74 40.93 50.58 45.45 43.11 260.09 1265878 9346202 0158 737 017 Northampton Spectacular Bid Dr N Entr 40.57 40.05 38.48 46.17 42.83 41.66 249.76 1265879 21396806 0158 737 018 Remington Lexington Oaks Blvd Ent 33 42.69 43.56 42.59 47.52 45.27 44.64 266.27 1265880 23419059 0158 737 019 Pimlico Gato Del Sol Ent-Gt 42.25 42.69 46.88 52.19 46.17 45.09 275.27 1265884 33116812 0158 737 023 Pocono Lexington Oaks Blvd Entry 32.60 32.17 42.16 39.60 36.71 36.36 219.60 1265885 33120622 0158 737 024 Maywood Lexington Oaks Blvd Entry 40.24 40.76 48.03 52.56 42.93 40.77 265.29 1265886 33120621 0158 737 025 Northampton Lexington Oaks Blvd Entry 39.70 39.35 37.96 42.11 40.77 39.77 239.66 1265864 93039900 0158 737 002 DelMar Affirmed Dr Ent 2 41.98 41.89 52.76 60.57 48.25 47.07 292.52 1265865 93039921 0158 737 003 Fairmount Sea Hero Cir Ent 3 40.24 40.32 40.24 44.28 43.01 40.05 248.14 1265866 93039856 0158 737 004 Arlington Seattle Slew Dr Ent 4 36.11 36.29 38.74 41.66 39.41 38.34 230.55 1265867 93039901 0158 737 005 Belmount 5439 Bold Venture Pl Ent 6 38.66 38.39 40.76 43.47 40.68 39.41 241.37 1265869 93039345 0158 737 008 Roundabout Lexington Oaks Blvd Lights 35.32 36.55 36.55 41.39 42.75 41.75 234.31 1265863 93040870 0158 737 001 Front Entrance Lexington Oaks Blvd Sgn&Lt 1,000.83 1,051.97 1,080.97 1,202.30 1,162.06 1,101.45 6,599.58 1265870 48250142 0158 737 009 Well Lexington Oaks Blvd Well 34.36 34.28 34.18 37.16 36.71 36.53 213.22 1265887 50187642 0158 737 026 Pool Heating 26304 Lexington Oaks Blvd 50187642 53.03 74.75 77.81 83.00 84.45 76.15 449.19 Subtotal $ 10,211.29 $ 10,145.89 $ 10,238.95 $ 10,630.79 $ 10,488.92 $ 10,209.39 $ 61,925.23 1265888 40535597 0158 737 027 Fountain 26304 Lexington Oaks Blvd Fount $ 401.23 $ 416.99 $ 204.83 $ 40.13 $ 553.67 $ 352.92 $ 1,969.77 1265889 92695823 0158 737 028 Tennis Crts War Admiral Dr Tn Cts 33.57 33.66 34.01 36.98 36.71 36.53 $ 211.46 1265890 40534631 0158 737 029 Fitness Center 26304 Lexington Oaks Blvd 406.74 308.03 285.06 287.26 316.98 277.17 $ 1,881.24 Total 001-543006-53903 $ 11,052.83 $ 10,904.57 $ 10,762.85 $ 10,995.16 $ 11,396.28 $ 10,876.01 $ 65,987.70 Withlacoochee River Electricity- Hawthorne Gate Account no. Meter no. Member ID No. Description Description/Address 9/22-10/23 10/23-11/22 11/22-12/21 12/21-1/23 1/23-2/22 2/22-3/22 Total 1265883 33120623 0158 737 022 Hawthorne Entr Spectacular Bid Dr Entry $ 41.98 $ 42.33 $ 54.15 $ 53.19 $ 44.37 $ 40.68 $ 276.70 002-543031-53904 Withlacoochee River Electricity- Preakness Gate Account no. Meter no. Member ID No. Description Description/Address 9/22-10/23 10/23-11/22 11/22-12/21 12/21-1/23 1/23-2/22 2/22-3/22 Total 1265871 93039864 0158 737 010 Preakness Entr Silver Charm Ter Ent #7 $ 49.69 $ 48.37 $ 45.39 $ 52.92 $ 53.83 $ 54.00 $ 304.20 003-543031-53904 Verizon Wireless/Frontier Communications Account no. Phone no. Description Description/Address 10/8-11/7 11/8-12/7 12/8-1/7 1/8-2/7 2/8-3/7 2/22-3/23 Total 820984375-00001 813-597-1288 and 813 486 3333 John Adams John Adams $ 77.90 $ 82.90 $ 82.90 $ 82.95 $ 82.95 $ 82.95 $ 492.55 001-541005-53903 Report Date: 4/10/2018 Page 19

Agenda Page 36 Utilities Costs Report FY 2018 Frontier Account no. Meter no. Member ID No. Description Description/Address 10/1-10/31 10/22-11/21 11/22-12/21 12/22-1/21 1/22-2/21 2/22-3/21 Total 239-113-6502-012216-5 239-113-6502 Clubhouse $ 111.98 $ 111.98 001-541005-53903 Bright House Networks Account no. Meter no. Member ID No. Description Description/Address 12/10-1/9 1/10-2/9 2/10-3/9 3/10-4/9 Total 0050745174-01 26304 Lexington Oaks Blvd 170.91 64.98 64.98 64.98 64.98 $ 430.83 001-541005-53903 Office/Fitness Account no. Meter no. Member ID No. Description Description/Address 9/30-10/29 11/28-12/27 12/30-1/29 1/30-2/28 3/01-3/29 Total 0050727716-01 5844 War Admiral Dr, Apt Camera 1.33 263.13 271.33 89.98 89.94 $ 715.71 001-541005-53903 Account no. Meter no. Member ID No. Description Description/Address 10/06-11/05 10/22-11/21 12/6-1/5 1/6-2/5 2/6-3/5 3/6-4/5 Total 0050727718-01 Community Fitness - TV/Internet/Voice 229.37 229.37 151.94 229.37 229.60 229.60 $ 1,299.25 001-541005-53903 Subtotal $ 453.24 $ 518.48 $ 720.24 $ 733.92 $ 397.96 $ 397.96 $ 3,050.32 Account no. Meter no. Member ID No. Description Description/Address 11/28-12/27 12/28-1/27 1/28-2/27 2/28-3/27 Total 0050727715-01 5442 Spectacular Bid Dr, Gatehouse 121.99 49.99 49.99 49.99 $ 271.96 002-541003-53904 Account no. Meter no. Member ID No. Description Description/Address 10/8-11/7 11/8-12/7 12/8-1/7 1/8-2/7 2/8-3/7 3/8-4/7 Total 0050727717-01 Building Gate - Voice 32.66 35.30 35.30 35.30 35.42 35.42 $ 209.40 003-541003-53904 Pasco County Utilities Service Account no. Description Description/Address 9/12-10/12 10/12-11/13 11/13-12/14 12/14-1/12 1/12-2/12 2/12-3/16 Total 708-31-8031-0-16 13403643 0408090 0 War Admiral Dr $ 9.37 $ 9.37 $ 1,856.17 $ 11.22 $ 45.19 $ 45.19 $ 1,976.51 708-31-8030-0-16 12560928 0408095 5801 War Admiral 54.49 54.49 287.54 582.68 278.69 57.44 1,315.33 708-07-8001-0-16 09062139 0402235 26304 Lexington Oaks Blvd 312.89 384.99 663.74 341.73 406.62 480.92 2,590.89 Pasco County Utilities Service Account no. Description Description/Address 9/20-10/27 10/27-11/29 11/29-12/27 12/27-1/26 1/26-2/26 Total 08404808 0010320 26304 Lexington Oaks Blvd 79.04 90.88 50.24 35.20 57.60 312.96 Total 001-543021-53903 $ 455.79 $ 539.73 $ 2,857.69 $ 970.83 $ 788.10 $ 583.55 $ 6,195.69 TECO People Gas Account no. Description Description/Address 9/28-10/26 10/28-11/28 11/28-12/27 12/28-1/26 1/27-2/26 2/27-3/27 Total 21955117 ANX03059 211008968748 26304 Lexington Oaks Blvd $ 550.60 $ 1,645.68 $ 1,579.01 $ 1,876.99 $ 1,512.31 $ 1,740.35 $ 8,904.94 001-543019-53903 Report Date: 4/10/2018 Page 20

Agenda Page 37 Utilities Costs Report FY 2018 Supreme Energy, Inc. Account no. Description Description/Address 10/01-10/9 10/9-11/6 11/7-12/7 12/8-1/7 1/8-2/1 2/2-3/1 Total 35982533-62-8039 21955117 26304 Lexington Oaks Blvd $ 7.00 $ 785.75 $ 2,660.69 $ 2,633.21 $ 2,917.53 $ 3,178.52 $ 12,182.70 001-543019-53903 Subtotal $ 557.60 $ 2,431.43 $ 4,239.70 $ 4,510.20 $ 4,429.84 $ 4,918.87 $ 21,087.64 Report Date: 4/10/2018 Page 21

Agenda Page 38 Check Register Summary DATE CHECK NUMBERS AMOUNT March 31, 2018 6814-6851 $97,000.64 TOTAL $97,000.64 Report Date: 4/9/2018 Page 22

Agenda Page 39 Payment Register by Bank Account For the Period from 3/01/2018 to 3/31/2018 (Sorted by Check / ACH No.) Pymt Type Check / ACH No. Date Payee Type Payee Invoice No. Payment Description Invoice / GL Description G/L Account # Amount Paid SUNTRUST BANK N.A. - GF - (ACCT# XXXXX5579) Check 006814 03/02/18 Vendor AMERICAN ECOSYSTEMS, INC 1803199 3/18 WATER TREATMENT Prepaid Items 155000 $1,990.00 Check 006815 03/02/18 Vendor INFRAMARK, LLC 28045 2/18 MANAGEMENT FEES ProfServ-Mgmt Consulting Serv 001-531027-51201 $4,503.50 Check 006815 03/02/18 Vendor INFRAMARK, LLC 28045 2/18 MANAGEMENT FEES Printing and Binding 001-547001-51301 $75.65 Check 006815 03/02/18 Vendor INFRAMARK, LLC 28045 2/18 MANAGEMENT FEES Postage and Freight 001-541006-51301 $11.28 Check 006815 03/02/18 Vendor INFRAMARK, LLC 28045 2/18 MANAGEMENT FEES ProfServ-Web Site Development 001-531047-51301 $166.67 Check 006816 03/02/18 Vendor KATE NEST 022618 DEPOSIT/BACK RM 2/24/18 EVENT Deposits 220000 $130.00 Check 006817 03/02/18 Vendor KELLY STEWART 022618 DEPOSIT REFUND 2/20/18 EVENT Deposits 220000 $100.00 Check 006818 03/02/18 Vendor LANDSCAPE MAINTENANCE PROFESSIONALS, INC 130737 3/18 MONTHLY LANDSCAPE Contracts-Landscape 001-534050-53901 $16,766.67 Check 006819 03/02/18 Vendor PASCO COUNTY UTILITIES SERVICE 10320-022218 ACCT# 0010320 12/27-1/26/18 Utility - Water & Sewer 001-543021-53903 $35.20 Check 006820 03/02/18 Vendor PASCO SHERIFF'S OFFICE I-12/8/2017-02014 1/18 SECURITY Contracts-Sheriff 001-534100-57201 $1,440.00 Check 006821 03/02/18 Vendor STRALEY ROBIN 15396 GENERAL MATTERS THRU 2/15/18 ProfServ-Legal Services 001-531023-51401 $1,520.00 Check 006822 03/05/18 Vendor BRIGHT HOUSE NETWORKS 072771501022318 0050727715-01 2/28-3/27/18 SPECTRUM BUSINESS VOICE 001-541005-53903 $49.99 Check 006823 03/05/18 Vendor FITNESS LOGIC 80047 2/18 GENERAL MAINT & CLEANING R&M-Fitness Center 001-546137-57201 $135.00 Check 006824 03/05/18 Vendor PASCO SHERIFF'S OFFICE NOAKS-022818 2/18 OFF DUTY PATROLS Contracts-Sheriff 001-534100-57201 $800.00 Check 006825 03/05/18 Vendor ARCHITECTURAL FOUNTAINS INC. 012418-02 REBUILD FOUNTAIN,MOTOR,PUMP R&M-Entry Feature 001-546021-53901 $5,532.00 Check 006826 03/08/18 Vendor FEDEX 6-101-72320 SERVICE FOR 2/19 THRU 2/20/18 Postage and Freight 001-541006-51301 $25.41 Check 006827 03/08/18 Vendor KATE NEST NOAKS-030518 SECURITY DEPOSIT FOR 3/3/18 Deposits 220000 $200.00 Check 006828 03/08/18 Vendor RYON YORK 030518 SECURITY DEPOSIT 3/4/18 Deposits 220000 $75.00 Check 006829 03/08/18 Vendor BRIGHT HOUSE NETWORKS 072771601022518 0050727716-01 3/1-3/29/18 5844 WAR ADMIRAL DR APT CAMERA 001-541005-53903 $89.94 Check 006830 03/08/18 Vendor FITNESS LOGIC 78313 REPLACE SAFETY MAGNET R&M-Fitness Center 001-546137-57201 $41.00 Check 006831 03/08/18 Vendor FLORIDA MUNICIPAL INSURANCE NOAKS-030118 CURRENT INSTALLMENT Insurance - General Liability 001-545002-51301 $2,236.00 Check 006831 03/08/18 Vendor FLORIDA MUNICIPAL INSURANCE NOAKS-030118 CURRENT INSTALLMENT Insurance - Property 001-545001-53901 $1,517.75 Check 006831 03/08/18 Vendor FLORIDA MUNICIPAL INSURANCE NOAKS-030118 CURRENT INSTALLMENT Workers' Compensation 001-524001-57201 $1,458.00 Check 006832 03/08/18 Vendor PROGRESSIVE WASTE SOLUTIONS OF FL 3740947 SERVICE FOR 3/1/18-3/31/18 Contracts-Solid Waste Services 001-534039-53903 $125.60 Check 006833 03/12/18 Vendor DONALD W. PLACE 5829 TREATMENT PLAN FOR FENCE R&M-Sidewalks 001-546084-53901 $4,000.00 Check 006834 03/12/18 Vendor PATRICIA HENNESSY 030218 GAS REIMB 1/31-2/27/18 Op Supplies - Clubhouse 001-552003-57201 $13.91 Check 006835 03/12/18 Vendor SUNTRUST BANK 022618 PURCHASES FOR 1/30-2/22/18 GATEHOUSE INV#468885 NEW GATE REMOTES 003-546034-53904 $149.20 Check 006835 03/12/18 Vendor SUNTRUST BANK 022618 PURCHASES FOR 1/30-2/22/18 HD SUPPLY INV#9160589521 MISC SUPPLIES 001-552003-57201 $450.79 Check 006835 03/12/18 Vendor SUNTRUST BANK 022618 PURCHASES FOR 1/30-2/22/18 HD SUPPLY INV#9160629794 PAINT 001-546015-57201 $21.69 Check 006835 03/12/18 Vendor SUNTRUST BANK 022618 PURCHASES FOR 1/30-2/22/18 DUNKIN INV#2/1/18 SNACKS FOR CDD MEETING 001-552003-57201 $18.98 Check 006835 03/12/18 Vendor SUNTRUST BANK 022618 PURCHASES FOR 1/30-2/22/18 WINN DIXIE SNACKS FOR MEETING 001-552003-57201 $21.50 Check 006835 03/12/18 Vendor SUNTRUST BANK 022618 PURCHASES FOR 1/30-2/22/18 SAMS MISC SUPPLIES 001-552003-57201 $330.37 Check 006835 03/12/18 Vendor SUNTRUST BANK 022618 PURCHASES FOR 1/30-2/22/18 OFFICE DEPOT MISC SUPPLIES 001-552003-57201 $90.43 Check 006835 03/12/18 Vendor SUNTRUST BANK 022618 PURCHASES FOR 1/30-2/22/18 ACE HARDWARE MISC SUPPLIES 001-546015-57201 $106.72 Check 006835 03/12/18 Vendor SUNTRUST BANK 022618 PURCHASES FOR 1/30-2/22/18 ACE HARDWARE MISC SUPPLIES 001-546015-57201 $158.92 Check 006835 03/12/18 Vendor SUNTRUST BANK 022618 PURCHASES FOR 1/30-2/22/18 SUPREME ENERGY INV#38412027 GAS 001-543019-53903 $3,178.52 Check 006835 03/12/18 Vendor SUNTRUST BANK 022618 PURCHASES FOR 1/30-2/22/18 HP INSTANT INK INK FOR COPY MACHINE 001-552003-57201 $54.56 Check 006835 03/12/18 Vendor SUNTRUST BANK 022618 PURCHASES FOR 1/30-2/22/18 WALMART BATTERY FOR COMPUTER CHARGER 001-552003-57201 $24.99 Page 23