Cypress Bluff Community Development District
475 West Town Place, Suite 114 St. Augustine, Florida 32092 www.CypressBluffCDD.com
April 21, 2026 Board of Supervisors
Cypress Bluff Community Development District
Staff Call In #: 1-877-304-9269 Code 1655232
Dear Board Members:

The Cypress Bluff Community Development District Board of Supervisors Meeting is scheduled for Tuesday, April 28, 2026 at 12:30 p.m. at the Pablo Creek Regional Library, 13295 Beach Boulevard, Jacksonville, Florida 32246.
Following is the agenda for the meeting:

	I.	Roll Call

	I.	Public Comment (limited to three minutes)

	I.	Approval of Minutes of the March 24, 2026 Board of Supervisors Meeting

	I.	Consideration of Disclosure of Public Financing

	I.	Acceptance of the Draft Fiscal Year 2025 Audit Report

	I.	Discussion of the Fiscal Year 2027 Budget

	I.	Staff Reports
	A.	District Counsel

	A.	District Engineer

	A.	District Manager – Report on the Number of Registered Voters (3,059)

	A.	General Manager – Report

	I.	Financial Reports
	A.	Financial Statements as of March 31, 2026

	A.	Assessment Receipts Schedule
	B.	Check Register

	I.	Other Business

	I.	Supervisor’s Requests and Audience Comments

	I.	Next Scheduled Meeting – May 19, 2026 at 12:30 p.m. at the Pablo Creek Regional Library, 13295 Beach Boulevard, Jacksonville, Florida 32246

	I.	Adjournment

MINUTES
MINUTES OF MEETING
CYPRESS BLUFF COMMUNITY DEVELOPMENT DISTRICT

The Board of Supervisors meeting of the Cypress Bluff Community Development District was held Tuesday, March 24, 2026 at 12:30 p.m. at the Pablo Creek Regional Library, 13295 Beach Boulevard, Jacksonville, Florida 32256.

Present and constituting a quorum were:
Joe Muhl	Chairman
John Hewins	Vice Chairman
Robert Feist	Supervisor
Will Cellar	Supervisor
Kirk Blomgren by phone	Supervisor Also present were:
Matt Biagetti	District Manager
Hunter Hurley by phone	District Counsel
Marcy Pollicino	General Manager
Dana Harden	Vesta Property Services

The following is a summary of the discussions and actions taken at the March 24, 2026 meeting.
FIRST ORDER OF BUSINESS	Roll Call
Mr. Biagetti called the meeting to order at 12:30 p.m. and called the roll.

SECOND ORDER OF BUSINESS	Public Comment
There were no comments at this time.

THIRD ORDER OF BUSINESS	Approval of Minutes of the February 24,
2026 Meeting
There were no comments on the minutes.

FOURTH ORDER OF BUSINESS	Discussion of the Fiscal Year 2027 Budget
Mr. Biagetti presented the draft budget for fiscal year 2027, noting it includes a 5% increase for residential and 8% for the active adult properties. The largest factors in the increase are due to water and sewer and landscaping costs.
A breakout of the water and sewer was requested. Additionally, staff will look at which water features need to be charged directly to the amenity versus the entire grounds. Mr. Feist recommended making sure any capital projects are being planned for appropriately. Mr. Muhl recommended looking at the current contracts to see if any can be put out to bid. Ms. Harden suggested looking into installing a well for the pool water.

FIFTH ORDER OF BUSINESS	Staff Reports
	A.	District Counsel
There being nothing to report, the next item followed.

	A.	District Engineer
There being nothing to report, the next item followed.

	A.	District Manager
Mr. Biagetti reminded the board members to complete their Form 1.

	A.	General Manager
	1.	Report
Ms. Pollicino provided an overview of her report, a copy of which was included in the agenda package for the Board’s review.

	1.	Proposal for Sealing Pool Expansion Joints
Ms. Pollicino stated that it was recently discovered that the pool is losing four inches of water every 24 hours. Red Rhino was called out for a leak detection inspection and discovered that all three expansion joints are leaking. Two proposals were received for the repair, one from Village Pools totaling $12,350 and one from Crown Pools totaling $16,965. Mr. Muhl
authorized Ms. Pollicino to move forward with using Village Pools between meetings to avoid further water loss.

	1.	Proposal for Pool Furniture
Ms. Pollicino presented two estimates for pool furniture, totaling $24,872.20 and
$46,743.60 to powder coat and add new slings to the pool furniture. She noted she would like to budget for this project during FY27 and there may be a 5% increase in cost. The pool furniture is estimated to be replaced in 2035.
The board members questioned whether other CDDs use a credit card that provides cash back, or whether they finance any repairs. Mr. Biagetti stated that he would look into this.

SIXTH ORDER OF BUSINESS	Financial Reports
	A.	Financial Statements as of February 28, 2026
Mr. Biagetti presented the financial statements as of February 28, 2026.

	A.	Assessment Receipts Schedule
A copy of the assessment receipts schedule showing on-roll assessments are 96.9% collected was included in the agenda package.

	A.	Check Register
A copy of the check register totaling $80,373.61, was included in the agenda package for the Board’s review.

SEVENTH ORDER OF BUSINESS	Other Business
There being none, the next item followed.
EIGHTH ORDER OF BUSINESS	Supervisor’s	Requests	and	Audience
Comments
Steve Kelley asked if the CDD owns the building at the corner of Apex and E Town. Mr. Muhl responded no, the building is owned by a private investor.
Next, Mr. Kelley expressed concern with the heavy trucks from the landscaping contractors being used on the multiuse path.
Ms. Pollicino stated that the multiuse path is owned by the City of Jacksonville. Next, Mr. Kelley asked about the retention pond in Granville.
Ms. Pollicino responded that the Granville HOA is responsible for that pond.

NINTH ORDER OF BUSINESS	Discussion of Security Matters
The Board entered a closed session to discuss matters related to security at approximately 1:21 p.m. The public meeting resumed at approximately 1:30 p.m. and the following motion was taken.

The Board directed Ms. Pollicino to inform the community that the Board is working to address the security concerns.

TENTH ORDER OF BUSINESS	Next Scheduled Meeting – April 28, 2026 at
12:30 p.m. at the Pablo Creek Regional Library, 13295 Beach Boulevard, Jacksonville, Florida

ELEVENTH ORDER OF BUSINESS	Adjournment

	
Secretary/Assistant Secretary	Chairman/Vice Chairman

FOURTH ORDER OF BUSINESS

THIRD AMENDED & RESTATED DISCLOSURE OF PUBLIC FINANCING AND MAINTENANCE OF IMPROVEMENTS TO REAL PROPERTY UNDERTAKEN BY THE CYPRESS BLUFF COMMUNITY DEVELOPMENT DISTRICT

THIS THIRD AMENDED & RESTATED DISCLOSURE OF PUBLIC FINANCING AND MAINTENANCE OF IMPROVEMENTS TO REAL PROPERTY UNDERTAKEN BY THE CYPRESS BLUFF COMMUNITY DEVELOPMENT DISTRICT AMENDS THE DISCLOSURE RECORDED IN DUVAL COUNTY OFFICIAL RECORDS BOOK 18716, PAGE 694, THE AMENDED & RESTATED DISCLOSURE RECORDED IN DUVAL COUNTY OFFICIAL RECORDS BOOK 19201, PAGE 195, AND THE SECOND AMENDED & RESTATED DISCLOSURE RECORDED IN DUVAL COUNTY OFFICIAL RECORDS BOOK 19441, PAGE 943.

Board of Supervisors1

Cypress Bluff Community Development District

Joe Muhl Chairman

Robert Feist Vice Chairman
John S. Hewins Assistant Secretary

William Cellar Assistant Secretary

Kirk Blomgren Assistant Secretary

Governmental Management Services 475 West Town Place, Suite 114
St. Augustine, Florida 32092

District records are on file at the offices of the District Manager and are available for public inspection upon request during normal business hours or on the District’s website.

1 This list reflects the composition of the Board of Supervisors as of March 1, 2026. For a current list of Board Members, please contact the District Manager’s office.
TABLE OF CONTENTS
Introduction	3
What is the District and how is it governed?	3
What infrastructure improvements does the District provide
and how are the improvements paid for?	4
Assessments, Fees and Charges	4
Method of Collection	5
DISCLOSURE OF PUBLIC FINANCING AND MAINTENANCE OF IMPROVEMENTS TO REAL PROPERTY UNDERTAKEN BY THE CYPRESS BLUFF COMMUNITY DEVELOPMENT DISTRICT

INTRODUCTION

The Cypress Bluff Community Development District (“District”) is a local unit of special-purpose government created pursuant to and existing under the provisions of Chapter 190, Florida Statutes. Under Florida law, community development districts are required to take affirmative steps to provide for the full disclosure of information relating to the public financing and maintenance of improvements to real property undertaken by such districts. Unlike city and county governments, the District has only certain limited powers and responsibilities. These powers and responsibilities include, for example, construction and/or acquisition of roadways, utilities, and stormwater management, and other related public infrastructure.

Under Florida law, community development districts are required to take affirmative steps to provide for the full disclosure of information relating to the public financing and maintenance of improvements to real property undertaken by such districts. The law specifically provides that this information shall be made available to all persons currently residing within the District and to all prospective District residents. The following information describing the District and the assessments, fees and charges that may be levied within the District to pay for certain community infrastructure is provided to fulfill this statutory requirement.

What is the District and how is it governed?

The District is an independent special taxing district, created pursuant to and existing under the provisions of Chapter 190, Florida Statutes (the “Act”), and established by Duval County Ordinance 2018-335-E enacted by the City Council of the City of Jacksonville effective as of June 29, 2018. As amended by Ordinance 2019-599-E effective October 22, 2019. The District encompasses approximately 1,273.92 acres located entirely within the City of Jacksonville, Duval County. The legal description of the lands encompassed within the District is attached hereto as Exhibit A.
The District is governed by a five-member Board of Supervisors (the “Board”), the members of which must be residents of the State and citizens of the United States. Board members were elected on an at-large basis by the owners of property within the District, each landowner being entitled to one vote for each acre of land with fractions thereof rounded upward to the nearest whole number. Elections are held every two years in November. Commencing when both (i) six years after the initial appointment of Supervisors have passed and (ii) the District has attained a minimum of two hundred and fifty (250) qualified electors, Supervisors whose terms are expiring will begin to be elected by qualified electors of the District. A “qualified elector” in this instance is any person at least eighteen (18) years of age who is a citizen of the United States, a legal resident of Florida and of the District, and who is also registered with the Supervisor of Elections to vote in Duval County. Notwithstanding the foregoing, if at any time the Board proposes to exercise its ad valorem taxing power, it shall, prior to the exercise of such power, call an election at which all members of the Board shall be elected by qualified electors of the District.
Board meetings are noticed in a local newspaper and conducted in a public forum in which public participation is permitted. Consistent with Florida’s public records laws, the records of the District are available for public inspection during normal business hours. Elected members of the Board are similarly bound by the State’s open meetings law and are generally subject to the same disclosure requirements as other elected officials under the State’s ethics laws.

What infrastructure improvements does the District provide and how are the improvements paid for?

The public infrastructure necessary to support the District’s development program includes, but is not limited to stormwater management, onsite wetland conservation/mitigation, roadways (onsite and offsite), water, wastewater and reclaim utilities, hardscape, landscape and irrigation, streetlights and undergrounding of electrical lines, and recreational amenities (active and passive.) To plan the infrastructure improvements necessary for the District, the District adopted its Improvement Plan for the Cypress Bluff Community Development District dated July 30, 2018 and revised September 24, 2019, as amended by the Cypress Bluff Community Development District Supplemental Engineer’s Report dated February 25, 2020, the Cypress Bluff Community Development District Supplemental Engineer’s Report dated January 2019 and revised July 22, 2020, and the Cypress Bluff Community Development District Supplemental Engineer’s Report dated October 2021 (together the “Capital Improvement Plan” or “CIP”) which details the improvements contemplated for the infrastructure of the District. Copies of the Capital Improvement Plan are available for review at the District’s office.

These public infrastructure improvements have been or will be funded by the District’s sale of bonds. On October 31, 2018, the Circuit Court of the Fourth Judicial Circuit of the State of Florida, in and for Duval County, Florida, entered a Final Judgment validating the District’s ability to issue an aggregate principal amount not to exceed $96,000,000 in Cypress Bluff Community Development District Capital Improvement Revenue Bonds for the funding of the Capital Improvement Plan.

On February 7, 2019, the District issued its $11,565,000 Cypress Community Development District Special Assessment Bonds, Series 2019 (the “Series 2019 Bonds”) for the purposes of financing a portion of the costs of the construction and acquisition of the Capital Improvement Plan.

On April 15, 2020, the District issued its $7,705,000 Cypress Bluff Community Development District Special Assessment Bonds, Series 2020 (the “Series 2020 Bonds”) for the purposes of financing a portion of the costs of the construction and acquisition of the Capital Improvement Plan.

On September 11, 2020, the District issued its $7,675,000 Cypress Bluff Community Development District Special Assessment Bonds, Series 2020A (the “Series 2020A Bonds”) for the purposes of financing a portion of the costs of the construction and acquisition of the Capital Improvement Plan.
On October 29, 2021, the District issued its $2,045,000 Cypress Bluff Community Development District Special Assessment Revenue Bonds, Series 2021 (the “Series 2021 Bonds”) for the purposes of financing a portion of the costs of the construction and acquisition of the Capital Improvement Plan.

Assessments, Fees and Charges

The costs of acquisition or construction of a portion of these infrastructure improvements have been financed by the District through the sale of the Series 2019, 2020, 202A, and 2021 Bonds. The annual debt service payments, including interest due thereon, are payable solely from and secured by the levy of non-ad valorem or special assessments against lands within the District which benefit from the construction, acquisition, establishment and operation of the District’s improvements. The annual debt service obligations of the District which must be defrayed by annual assessments upon each parcel of land or platted lot will depend upon the location and type of property purchased. Provided below are the current annual debt service assessment levels for property within the District for the Series 2019, 2020, 202A, and 2021 Bonds (the “Debt Service Assessments”). Interested persons are encouraged to contact the District Manager for information regarding special assessments on a particular lot or parcel of lands. A copy of the District’s assessment methodology and assessment roll are available for review at the District’s office.

The current annual Debt Service Assessments for the Series 2019 Bonds are as follows:

Product Type	Series 2020A Annual Gross Assessment Per Unit	
Active Adult Lots	$405.00	
Residential Lots	$838.00	

The current annual Debt Service Assessments for the Series 2020 Bonds are as follows:

Product Type	Series 2020 Annual Gross Assessment Per Unit	
Active Adult Lots	$405.00	
Residential Lots	$838.00	

The current annual Debt Service Assessments for the Series 2020A Bonds are as follows:

Product Type	Series 2020A Annual Gross Assessment Per Unit	
40’ Single Family	$724.00	
50’ Single Family	$905.00	
60’ Single Family	$1,085.00	
The current annual Debt Service Assessments for the Series 2021 Bonds are as follows:

Product Type	Series 2021 Annual Gross Assessment Per Unit	
Active Adult Lots	$405.00	
Residential Lots	$836.00	

* Includes a gross-up for early payment and collection fees imposed by the County.

The Debt Service Assessments exclude any operations and maintenance assessments (“O&M Assessments”) which may be determined and calculated annually by the District’s Board of Supervisors and are levied against benefitted lands in the District. O&M Assessments may increase or decrease in any given year, whereas the Debt Service Assessments are fixed and do not increase.
A detailed description of all costs and allocations which result in the formulation of the Debt Service Assessments and the O&M Assessments is available for public inspection upon request.

The Capital Improvement Plan and financing plan of the District infrastructure as presented herein reflect the District’s current intentions, and the District expressly reserves the right in its sole discretion to change those plans at any time. Additionally, the District may undertake the construction, reconstruction, acquisition, or installation of future improvements and facilities, which may be financed by bonds, notes, or other methods authorized by Chapter 190, Florida Statutes.

Method of Collection

The District’s Debt Service Assessments and/or O&M Assessments may appear on that portion of the annual real estate tax notice entitled “non-ad valorem assessments,” and to the extent that it is, will be collected by the Duval County Tax Collector in the same manner as county ad valorem taxes. Each property owner must pay both ad valorem and non-ad valorem assessments at the same time. Property owners will, however, be entitled to the same discounts as provided for ad valorem taxes. As with any tax notice, if all taxes and assessments due are not paid within the prescribed time limit, the tax collector is required to sell tax certificates which, if not timely redeemed, may result in the loss of title to the property. The District may also elect to collect the assessment directly.

This description of the District’s operation, services and financing structure is intended to provide assistance to landowners and purchasers concerning the important role that the District plays in providing infrastructure improvements essential to the use and development of this community. If you have any questions or would simply like additional information about the District, please write to the District Manager at: Cypress Bluff Community Development District,
Governmental Management Services 475 West Town Place, Suite 114, St. Augustine, Florida 32092 or call (904) 940-5850.

The information provided herein is a good faith effort to accurately and fully disclose information regarding the public financing and maintenance of improvements to real property undertaken by the District and should only be relied upon as such. The information contained herein is, and can only be, a status summary of the District’s public financing and maintenance activities and is subject to supplementation and clarification from the actual documents and other sources from which this information is derived. In addition, the information contained herein may be subject to change over time, in the due course of the District’s activities and in accordance with Florida law. Prospective and current residents and other members of the public should seek confirmation and/or additional information from the District Manager’s office with regard to any questions or points of interest raised by the information presented herein.

[Signatures on Following Page]
IN WITNESS WHEREOF, this Disclosure of Public Financing and Maintenance of Improvements to Real Property Undertaken has been executed as of the 	 day of
	, 2026, and recorded in the Official Records of Duval County, Florida.

CYPRESS BLUFF COMMUNITY DEVELOPMENT DISTRICT

Joe Muhl, Chair

Witness	Witness

Print Name	Print Name

STATE OF FLORIDA
COUNTY OF 	

The foregoing instrument was acknowledged before me by means of ▢ physical presence or ▢ online notarization, this   day of 	, 2026, by Joe Muhl, as Chair of the Board of Supervisors of Cypress Bluff Community Development District, for and on behalf of the District,
who [  ] is personally known to me or [  ] produced 	as identification.

Print Name:	 Notary Public, State of Florida
EXHIBIT A

Revised July 23, 2019 September I , 2017
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W.O. No.17-160.01 File No. 124B-22.0 I A

Cypress Bluff CDD Parcel

A portion of Sections 32 and 33, Township 3 South, Range 28 East, together with a portion of Sections 4, 5, 8 and 9, Township 4 South, Range 28 East, Duval Coumy, Florida, being more pa11icularly described as follows:

For a Point of Reference, commence at the Northwest corner of said Section 33; thence North 88°37'28" East, along the Northerly line of said Section 33, a distance of 1343.30 feet to the Point of Beginning.

From said Point of Beginning, thence continue North 88°37'28" East, along said Northerly line of Section 33, a distance of 289.49 feet; thence South 07°44'34" East, departing said Northerly line, 1305.77 feet; thence South 13°31'53" East, 2389.14 feet; thence South 04°33'08" West, I865.63
feet; thence South I8°03'25" West, 1232.39 feet; thence South 05°12'52" East, 2061.3 I feet; thence South I9°40'49" West, 3784.88 feet; thence South 04°56'56" West, 366.20 feet; thence South 89°37'47" West, 431.0 I feet to a point lying on the Westerly line of Conservation Easement 8, as described and recorded in Official Records Book 18267, page 1141. of said current Public Records; thence Southerly along said Westerly line the following 20 courses: Course l, thence South 12°52'42" East, 31.45 feet; Course 2, thence South 49°04' 12" East, 34.92 feet; Course 3,
thence South 06°46' 13" East, 33.44 feet; Course 4, thence South 75°37' 16" East, 34.45 feet;
Course 5, thence South 57°37'04" East, 24.93 feet; Course 6, thence South 39°57'00" West, 11.14
feet; Course 7, thence South 07°06'04'' East, 16.65 feet; Course 8, thence South 74°33'02" East,
26.64 feet; Course 9, thence South 24°21' 19" East, 26.32 feet; Course 10, thence South 30°50'16" East, 38.32 feet; Course l l, thence South 78°17'35" East, 35.22 feet; Course 12, thence South 35°32'33" East, 27.38 feet; Course 13, thence South 48°04'33" West, 19.58 feet; Course 14,
thence South 13°39'53'' West, 32.03 feet; Course 15, thence South 12°29' 15" East, 21.25 feet; Course 16, thence South 15°51'38" East, 46.12 feet; Course l7, thence South 09°40'08" West,
21.22 feet; Course 18, thence South 14°10'13" West, 38.58 feet; Course 19, thence South
01°26'03" East, 27.93 feet; Course 20, thence South 13°24'54" West, 42.64 feet; thence South 14°34'28" East, continuing along said Westerly line and its Southerly prolongation, 58.56 feet; thence South 10°02'43" East, 64.99 feet; thence South 25°30'48" East, 45.36 feet; thence South 26°09'32" West, 28.03 feet; thence South 10°12'31" East, 38.90 feet; thence South 32°26'25"
East, 36.30 feet; thence South 20°30'54" East, 37.44 feet; thence South 03°57'39" East, 56.77 feet; thence South 08°18'25" East, 58.19 feet; thence South 15°39'26" West, 33.00 feet; thence

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appa-ng,1nc.
September 1, 2017 E-Town
Page 2 of 5
W.O. No.17-160.01 File No. 124B-22.0lA

Cypress Bluff CDD Parcel (Continued)

South 54°46'33" West, 49.02 feet; thence South 48°13'43'' West, 50.94 feet; thence South 31°03'31" West, 17.90 feet to a point on a curve concave Southerly having a radius of 2400.00 feet; thence Westerly along the arc of said curve, through a central angle of 23°29'51", an arc length of 984.26 feet to the point of tangency of said curve, said arc being subtended by a chord bearing and distance of North 78°37' 17" West, 977.38 feet; thence South 89°37'47" West, 10.74 feet to a point lying on the Easterly right of way line ofETown Parkway, a variable width right of way as depicted on ETown Parkway Phase 1, recorded in Plat Book 72, pages 76 through 82, of said current Public Records; thence along said Easterly right of way line the following 4 courses: Course 1, thence North 00°22' 13" West, 175.00 feet; Course 2, thence South 89°37'47" West,
225.00 feet; Course 3, thence North 45°22' 13" West, 212.13 feet; Course 4, thence North 00°22' 13" West, 37.30 feet; thence South 88°55'30" West, departing said Easterly right of way line, 1799.90 feet to a point lying on the Easterly limited access right of way line of State Road No. 9B, a 400 foot limited access right of way per Florida Department of Transportation right of way map Section 72002-2513, Financial Project No. 209294-1; thence Northerly along said Easterly limited access right of way line the following 3 courses: Course 1, thence North 14°27'30" West, 403.98 feet to the point of curvature of a curve concave Easterly having a radius of 5529.58 feet; Course 2, thence Northerly along the arc of said curve, through a central angle of 14°09'36", an arc length of I 366.57 feet to the point of tangency of said curve , said arc being subtended by a chord bearing and distance of North 07°22'42" West, 1363.10 feet; Course 3, thence North 00° I7'54" West, 1535.00 feet to a point of intersection with the Easterly limited access right of way line of State Road No. 9A, a variable width limited access right of way per Florida Department of Transportation right of way map Section 72002-2511, Work Program Identification No. 2114883, said point also being on a non-tangent curve concave Westerly having a radius of 3000.00 feet; thence Northerly along said Easterly limited access right of way line the following 4 courses: Course I, thence Northerly, departing said Easterly limited access right of way line of State Road No. 9B and along the arc of said curve, through a central angle of 29°31'23", an arc length of 1545.82 feet to the point of tangency of said curve, said arc being subtended by a chord bearing and distance of North 07°27'47" East, 1528.78 feet; Course 2, thence North 07°17'54" West, 984.62 feet to the point of curvature of a curve concave Easterly having a radius of 11600.00 feet; Course 3, thence Northerly along the arc of said curve, through a central angle of 07°00'00", an arc length of 1417.21 feet to the point of tangency of said curve, said arc being subtended by a chord bearing and distance of North 03°47'54" West, 1416.33 feet; Course 4, thence North 00°17'54'' West, 5839.87 feet to its intersection with the Southwesterly right of way line of R.G. Skinner Parkway, a 110 foot right of way as presently established;.thence Southeasterly along said Southwesterly right of way line the following 3 courses: Course I, thence Southerly departing said Easterly limited access right of way line and along the arc of a curve concave Easterly having a radius of 300.00 feet, through a central angle of 43°17'06", an arc length of 226.64 feet to the point of tangency of said curve, said arc being subtended by a chord bearing and distance of South 21°56'27" East, 221.29 feet; Course 2, thence South 43°35'00" East, 446.83 feet to the point of
September l, 2017 E-Town
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W.O. No.17-160.01 File No. 124B-22.01A

Cypress Blott CDD Parcel (Continued)

curvature of a curve concave Northeasterly having a radius of 600.00 feet; Course 3, thence Southeasterly along the arc of said curve, through a central angle of 25°15'01", an arc length of
264.42 feet to the point of tangency of said curve, said arc being subtended by a chord bearing and distance of South 56°12'3l" East, 262.29 feet; thence South 68°50'0 I" East, continuing aJong said Southwesterly right of way line, 263.07 feet to a point lying on the boundary line of those lands described and recorded in Official Records Book 14340, page 1809, of the current Public Records
. of said county; thence Southerly along said boundary line the following 62 courses: Course 1, thence South 56°47' 19" West, departing said Southwesterly right of way line, 34.93 feet; Course 2, thence South 59°53'26" West, 60.77 feet; Course 3, thence South 28°07'37" West, 63.38 feet;
Course 4, thence South 36°12'31" West, 52.77 feet; Course 5, thence South 44°25' 16" West, 53.99
feet; Course 6, thence South 60°24'13" West, 59.40 feet; Course 7, thence South 37°46'20" West,
47.85 feet; Course 8, thence South 12°02'36" East, 52.58 feet; Course 9, thence South 13°05'33" East, 42.42 feet; Course l0, thence South 16°44'Ol" West, 33.11 feet; Course 11, thence South 18°07'14" West, 49.93 feet; Course 12, thence South 23°19'42" West, 58.13 feet; Course 13,
thence North 84°25'00" West, 84.95 feet; Course 14, thence South 00°24'25" East, 68.26 feet;
Course 15, thence South 81°52'44" East, 73.42 feet; Course 16, thence South 35°00'24" East,
50.94 feet; Course 17, thence South 42°29'27" East, 63.28 feet; Course 18, thence South
72°15'25" East, 65.91 feet; Course 19, thence North 73°27' 14" East, 68.75 feet; Course 20, thence
North 51°47'07" East, 59.88 feet; Course 21, thence North 65°14'07" East, 63.44 feet; Course 22,
thence South 44°57'44" East, 51.37 feet; Course 23, thence South 41°27'00" East, 50.99 feet;
Course 24, thence North 68°09' 16" East, 90.76 feet; Course 25, thence North 00°26'34" West,
52.95 feet; Course 26, thence North 39°25'04" West, 59.68 feet; Course 27, thence North
46°31'57" East, 62.0 l feet; Course 28, thence North 50°00' 38" East, 57.16 feet; Course 29, thence
North 88°38'44" East, 49.62 feet; Course 30, thence South 67°21'23" East, 54.16 feet; Course 31,
thence South 14°50'50" East, 56.43 feet; Course 32, thence South 48°06'29" East, 55.42 feet;
Course 33, thence South 04°06' 11" East, 57.55 feet; Course 34, thence South 38°52'42" West,
48.46 feet; Course 35, thence South 08°09'16" West, 60.88 feet; Course 36, thence South
29°03'41" East, 51.97 feet; Course 37, thence South 07°4 l '54" East, 90.90 feet; Course 38, thence
South 75°57'31" East, 33.30 feet; Course 39, thence South 80° l 7'39" East, 50.60 feet; Course 40,
thence North 57°17'36" East, 58.75 feet; Course 41, thence North 17°44'41" East, 38.19 feet;
Course 42, thence North 41°44'07" East, 55.91 feet; Course 43, thence South 78°01'28" East,
36.71 feet; Course 44, thence North 76°54' 19" East, 50.12 feet; Course 45, thence South
78°17'09" East, 69.51 feet; Course 46, thence North 85°04' 13,, East, 33.16 feet; Course 47, thence
North 35°50' 17" East, 30.71 feet; Course 48, thence North 05°06'56" East, 69.39 feet; Course 49,
thence North 25°14'24" East, 59.38 feet; Course 50, thence North 36°08'27" East, 68.81 feet;
Course 51, thence North 42°18'11" West, 56.04 feet; Course 52, thence North 01°48'23" East,
43.34 feet; Course 53, thence South 7 I 057' 16" East, 51.30 feet; Course 54, thence South
45°25'16" East, 54.76 feet; Course 55, thence South 19°52'56" West, 39.91 feet; Course 56,
thence South 14°36'39" East, 42.26 feet; Course 57, thence South 40°20'23" East, 57.10 feet;

Course 58, thence South 59°04'18" East, 52.23 feet; Course 59, thence South 13°07'44" East,
44.38 feet; Course 60, thence South 24°46'40" East, 56.39 feet; Course 61, thence South
26°06' 15" East, 32.51 feet; Course 62, thence South 02°12' 11'' West, 41.80 feet; thence South 45°09' 13" East, departing said boundary line, 35.48 feet to the Northeast comer of those lands described and recorded in Official Records Book 14863, page 469, of said current Public Records; thence North 89°59'26" West, along the Northerly line of said Official Records Book 14863, page 469, a distance of70.00 feet to the Northwest corner thereof; thence South 00°00'34" West, along the Westerly line of last said lands, 65.00 feet to the Southwest comer thereof; thence South 89°59'26" East, along the Southerly line of said lands, 70.00 feet to the Southeast corner thereof, said corner lying on said Southwesterly right of way line of R.G. Skinner Parkway; thence South 00°00'34" West, along said Southwesterly right of way line, 107.34 feet to a point lying on the Southerly terminus of said R.G. Skinner Parkway; thence South 89°59'26" East, departing said Southwesterly right of way line and along said Southerly terminus, 110.00 feet to a point lying on the Southerly line of said Official Records Book 14340, page 1809; thence Easterly and Northerly along the Southerly and Easterly lines of last said lands the following 62 cour?es: Course 1, thence South 00°00'34" West, departing said Southerly terminus, 145.55 feet; Course 2, thence South 89°59'26" East, 2280.15 feet; Course 3, thence North 07°41'27" West, 12.17 feet; Course 4,
thence North 20°26'25" West, 28.98 feet; Course 5, thence North 06°37'03" East, 35.94 feet;
Course 6, thence North 26°09'20" East, 47.24 feet; Course 7, thence North 10°50'26" East, 18.12
feet; Course 8, thence North 19°27'45" East, 19.37 feet; Course 9, thence North 10°56'37" East,
57.23 feet; Course 10, thence North 31°50'19" West, 53.99 feet; Course 11, thence North
25°51'04" West, 36.99 feet; Course _12, thence North 29°13'43" West, 21.65 feet; Course 13,
thence North 71°51'12" West, 34.33 feet; Course 14, thence North 04°17'54" East, 38.72 feet;
Course 15, thence North 00°16'03" East, 31.09 feet; Course 16, thence North 16°06'04" East,
32.18 feet; Course 17, thence North 20°33'04'' West, 21.97 feet; Course 18, thence North
56°02' 19" West, 40.42 feet; Course 19, thence North 02°24' 10" West, 36.61 feet; Course 20,
thence North 02°52'24" East, 35.41 feet; Course 21, thence North 00°06'57" East, 45.28 feet;
Course 22, thence North 08°57'28" East, 54.79 feet; Course 23, thence North 06°50'55" West,
38.58 feet; Course 24, thence North 14°46' 17" East, 32.02 feet; Course 25, thence North
24°38'30" East, 38.36 feet; Course 26, thence North 21°16'45" East, 42.29 feet; Course 27, thence
North 46°41'48" East, 24.93 feet; Course 28, thence North 09°37'57" East, 38.41 feet; Course 29,
thence North 40°13'50" East, 35.75 feet; Course 30, thence North 25°36' 12" East, 31.37 feet;
Course 31, thence North 21°18'20'' East, 52.69 feet; Course 32, thence North 30°51'04" West,
51.14 feet; Course 33, thence North 62°04'55" West, 46.62 feet; Course 34, thence North
18°00'39" West, 57.14 feet; Course 35, thence North 25°51'03" West, 51.16 feet; Course 36,
thence North 64°02'20" West, 56.18 feet; Course 37, thence North 64°31'59" West, 44.40 feet;
Course 38, thence North 45°11'49" West, 58.29 feet; Course 39, thence North 37°43'23" West,
68.80 feet; Course 40, thence North 02°41'36" West, 88.50 feet; Course 41, thence North
02°06'49" West, 73.09 feet; Course 42, thence North 04°53'38" East, 86.05 feet; Course 43,

thence North 05°05'30" East, 95.10 feet; Course 44, thence North 28°50'30" West, 58.14 feet;
Course 45, thence North 48°55'53" West, 68.30 feet; Course 46, thence North 45°34'57" West,
74.88 feet; Course 47, thence North 29°56'25" West, 51.40 feet; Course 48, thence North
12°05'37" West, 72.07 feet; Course 49, thence North 31°46'26" East, 28.73 feet; Course 50,
thence North 62°21'2ff' East, 59.52 feet; Course 51, thence North 89°26'28" East, 25.20 feet;
Course 52, thence North 82°18'54" East, 55.94 feet; Course 53, thence South 65°50'59" East,
41.72 feet; Course 54, thence South 66°19'42" East, 49.58 feet; Course 55, thence North
47°17'56" East, 30.64 feet; Course 56, thence North 84°19' 39" East, 48.59 feet; Course 57, thence
South 67°19'52" East, 48.05 feet; Course 58, thence North 57°16'24" East, 26.00 feet; Course 59,
thence North 89°32'02" East, 47.84 feet; Course 60, thence South 87°36'33" East, 51.75 feet;
Course 61, thence North 85°07'24" East, 50.38 feet; Course 62, thence North 01°03'43" West,
115.11 feet to the Point of Beginning.

Containing 1273.92 acres, more or less.

FIFTH ORDER OF BUSINESS

CYPRESS BLUFF COMMUNITY DEVELOPMENT DISTRICT
CITY OF JACKSONVILLE, FLORIDA FINANCIAL REPORT
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2025
CYPRESS BLUFF COMMUNITY DEVELOPMENT DISTRICT CITY OF JACKSONVILLE, FLORIDA

TABLE OF CONTENTS

	  Page		
INDEPENDENT AUDITOR’S REPORT	1-2	
MANAGEMENT’S DISCUSSION AND ANALYSIS	3-6	
BASIC FINANCIAL STATEMENTS		
Government-Wide Financial Statements:		
Statement of Net Position	7	
Statement of Activities	8	
Fund Financial Statements:		
Balance Sheet – Governmental Funds	9	
Reconciliation of the Balance Sheet - Governmental Funds to the
Statement of Net Position	
10	
Statement of Revenues, Expenditures and Changes in Fund Balances –
Governmental Funds	
11	
Reconciliation of the Statement of Revenues, Expenditures and Changes in
Fund Balances of Governmental Funds to the Statement of Activities	
12	
Notes to the Financial Statements	13-23	
REQUIRED SUPPLEMENTARY INFORMATION		
Schedule of Revenues, Expenditures and Changes in Fund Balance –
Budget and Actual – General Fund	
24	
Notes to Required Supplementary Information	25	
OTHER INFORMATION		
Data Elements required by FL Statute 218.39 (3) (c)	26	
INDEPENDENT AUDITOR’S REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING AND ON COMPLIANCE AND OTHER MATTERS BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS	

27-28	
INDEPENDENT AUDITOR’S REPORT ON COMPLIANCE WITH THE REQUIREMENTS OF SECTION 218.415, FLORIDA STATUTES, REQUIRED BY RULE 10.556(10)
OF THE AUDITOR GENERAL OF THE STATE OF FLORIDA	

29	
MANAGEMENT LETTER REQUIRED BY CHAPTER 10.550 OF THE RULES OF THE AUDITOR GENERAL OF THE STATE OF FLORIDA	
30-31	
INDEPENDENT AUDITOR’S REPORT

To the Board of Supervisors
Cypress Bluff Community Development District City of Jacksonville, Florida

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

Xxxx, 2026
MANAGEMENT’S DISCUSSION AND ANALYSIS

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

FINANCIAL HIGHLIGHTS

	•	The liabilities of the District exceeded its assets at the close of the most recent fiscal year resulting in a net position deficit balance of ($6,303,532).

	•	The change in the District’s total net position in comparison with the prior fiscal year was ($7,941,946), a decrease. The key components of the District’s net position and change in net position are reflected in the table in the government-wide financial analysis section.

	•	At September 30, 2025, the District’s governmental funds reported combined ending fund balances of
$2,218,607, an increase of $133,240 in comparison with the prior fiscal year. A portion of fund balance is restricted for debt service, nonspendable for prepaid items, and the remainder is unassigned fund balance which is available for spending at the District’s discretion.
OVERVIEW OF FINANCIAL STATEMENTS

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

Government-Wide Financial Statements

The government-wide financial statements are designed to provide readers with a broad overview of the District’s finances, in a manner similar to a private-sector business.
The statement of net position presents information on all the District’s assets, deferred outflows of resources, liabilities, and deferred inflows of resources with the residual amount being reported as net position. Over time, increases or decreases in net position may serve as a useful indicator of whether the financial position of the District is improving or deteriorating.

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

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

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

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

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

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

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

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

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

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

NET POSITION SEPTEMBER 30,			
	2025	2024	
Assets, excluding capital assets	$	2,240,355	$	2,090,230	
Capital assets, net of depreciation	17,271,380	25,991,728	
Total assets	19,511,735	28,081,958	
Liabilities, excluding long-term liabilities	496,879	489,465	
Long-term liabilities	25,318,388	25,954,079	
Total liabilities	25,815,267	26,443,544	
Net Position			
Net investment in capital assets	(8,047,008)	37,649	
Restricted	1,421,047	1,344,592	
Unrestricted	322,429	256,173	
Total net position	$	(6,303,532)	$	1,638,414	

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

The restricted portion of the District’s net position represents resources that are subject to external restrictions on how they may be used. The remaining balance of unrestricted net position may be used to meet the District’s other obligations.
The District’s net position decreased during the most recent fiscal year. The majority of the decrease is attributed to the conveyance of completed infrastructure to another entity for maintenance and ownership responsibilities.

Key elements of the change in net position are reflected in the following table:

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

	2025	2024	
Revenues: Program revenues
Operating grants and contributions	$	2,976,960	$	2,692,505	
Capital grants and contributions	80,347	96,718	
General revenues			
Miscellaneous	27,366	21,288	
Unrestricted investment earnings			18,289		13,812  Total revenues		3,102,962	2,824,323 
Expenses:
General government	150,410	145,807	
Maintenance and operations	716,765	540,484	
Amenity center	915,887	424,531	
Interest on long-term debt	1,151,339	1,174,053	
Conveyance of infrastructure		8,110,507	-			
Total expenses		11,044,908	2,284,875 		
Change in net position		(7,941,946)	539,448 		
Net position - beginning		1,638,414	1,098,966 		
Net position - ending	 $	(6,303,532)  $	1,638,414 		

As noted above and in the statement of activities, the cost of all governmental activities during the fiscal year ended September 30, 2025, was $11,044,908. The majority of the costs of the District’s activities were paid by program revenues. Program revenues are comprised primarily of assessments. The remainder of the current fiscal year revenue includes miscellaneous revenue, and interest revenue. The increase in revenues is primarily the result of increased assessments received in the current year. Total expenses increased in comparison to the prior year primarily due to the recognition of conveyance of infrastructure improvements to other entities for ownership and maintenance during the current fiscal year.
GENERAL BUDGETING HIGHLIGHTS

An operating budget was adopted and maintained by the governing board for the District pursuant to the requirements of Florida Statutes. The budget is adopted using the same basis of accounting that is used in preparation of the fund financial statements. The legal level of budgetary control, the level at which expenditures may not exceed budget, is in the aggregate. Any budget amendments that increase the aggregate budgeted appropriations must be approved by the Board of Supervisors. The general fund budget for the fiscal year ended September 30, 2025 was amended to increase revenues by $25,001, increase appropriations by $79,443 and increase other financing sources by $54,442.

Capital Assets
At September 30, 2025, the District had $17,925,579 invested in capital assets for its governmental activities. In the government-wide financial statements depreciation of $654,199 has been taken, which resulted in a net book value of $17,271,380. More detailed information about the District’s capital assets is presented in the notes of the financial statements.

Capital Debt
At September 30, 2025, the District had $25,340,000 in Bonds outstanding. More detailed information about the District’s capital debt is presented in the notes of the financial statements.

ECONOMIC FACTORS AND NEXT YEAR’S BUDGETS
The District does not anticipate any major projects or significant changes to its infrastructure maintenance program for the subsequent fiscal year. In addition, it is anticipated that the general operations of the District will remain fairly constant.

CONTACTING THE DISTRICT’S FINANCIAL MANAGEMENT
This financial report is designed to provide our citizens, land owners, customers, investors and creditors with a general overview of the District’s finances and to demonstrate the District’s accountability for the financial resources it manages and the stewardship of the facilities it maintains. If you have questions about this report or need additional financial information, contact the Cypress Bluff Community Development District’s Finance Department at 475 West Town Place, Suite 114, St. Augustine, Florida, 32092.
CYPRESS BLUFF COMMUNITY DEVELOPMENT DISTRICT CITY OF JACKSONVILLE, FLORIDA
STATEMENT OF NET POSITION SEPTEMBER 30, 2025

	Governmental
	Activities		
ASSETS
Cash	
$	124,027	
Investments	219,966	
Prepaid items	184	
Restricted assets:
Investments	
1,896,178	
Capital assets:
Depreciable, net	
	17,271,380 	
Total assets		19,511,735 	
LIABILITIES
Accounts payable	
21,748	
Accrued interest payable	475,131	
Non-current liabilities:
Due within one year	
610,000	
Due in more than one year		24,708,388 	
Total liabilities		25,815,267 	
NET POSITION
Net investment in capital assets	
(8,047,008)	
Restricted for debt service	1,421,047	
Unrestricted		322,429 	
Total net position	 $ (6,303,532) 	

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

Program Revenues
Charges	Operating	Capital
Net (Expense) Revenue and Changes in Net Position
for		Grants and		Grants and	Governmental Functions/Programs		Expenses	Services	Contributions	Contributions		Activities	 Primary government:
Governmental activities:
General government
$	150,410
$	150,410	$	-	$	-	$	-

Maintenance and operations	716,765	1,050,078	-	-	333,313	
Amenity center	915,887	-	-	-	(915,887)	
Interest on long-term debt	1,151,339	1,776,472	80,347	-	705,480	
Conveyance of infrastructure			8,110,507		-		-	-	(8,110,507)  Total governmental activities		11,044,908	2,976,960	80,347	-	(7,987,601) 

General revenues:		
Miscellaneous	27,366	
Unrestricted investment earnings		18,289 	
Total general revenues		45,655 	
Change in net position	(7,941,946)	
Net position - beginning		1,638,414 	
Net position - ending	 $	(6,303,532) 	

See notes to the financial statements

8
BALANCE SHEET GOVERNMENTAL FUNDS SEPTEMBER 30, 2025

	Major Funds	
Debt	Capital
General	Service	Projects
Total Governmental Funds
ASSETS									
Cash	$	124,027	$	-	$	-	$	124,027					
Investments		219,966		1,896,178		-		2,116,144	
Prepaid items		184		-		-		184	
Total assets	$	344,177	$	1,896,178	$	-	$	2,240,355	

LIABILITIES AND FUND BALANCES
Liabilities:
Accounts payable	$	21,748	$	-	-	$	21,748	
Total liabilities	21,748	-	-	21,748	

Fund balances:
Nonspendable:
Prepaid items Restricted for:
Debt service		184

-		-

1,896,178		-

-		184

1,896,178	
Unassigned		322,245		-		-		322,245	
Total fund balances		322,429		1,896,178		-		2,218,607	

Total liabilities and fund balances	
$	
344,177	
$	
1,896,178	
$	
-	
$	
2,240,355	

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

Fund balance - governmental funds	$  2,218,607
Amounts reported for governmental activities in the statement of net position are different because:
Capital assets used in governmental activities are not financial resources and, therefore, are not reported as assets in the governmental funds. The statement of net position includes those capital assets, net of any accumulated depreciation, in the net position of the government as a whole.
Cost of capital assets	17,925,579
Accumulated depreciation	   (654,199)   17,271,380
Liabilities not due and payable from current available resources are not reported as liabilities in the governmental fund statements. All liabilities, both current and long-term, are reported in the government-wide financial statements.
Accrued interest payable	(475,131)
Bonds payable	 (25,318,388)  (25,793,519) 
Net position of governmental activities	$ (6,303,532)

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

	Major Funds		Total
Debt
General	Service
Governmental Funds
REVENUES				
Assessments	$ 1,200,488	$ 1,776,472	$  2,976,960	
Interest	18,289	80,347	98,636	
Miscellaneous revenues	27,366	-	27,366	
Total revenues	1,246,143	1,856,819	3,102,962	

EXPENDITURES
Current:
General government	150,410	-	150,410	
Maintenance and operations	572,320	-	572,320	
Amenity center	450,491	-	450,491	
Debt Service:
Principal	
6,591	
630,000	
636,591	
Interest	75	1,159,835	1,159,910	
Total expenditures	1,179,887	1,789,835	2,969,722	

Excess (deficiency) of revenues over (under) expenditures	

66,256	

66,984	

133,240	
Fund balances - beginning	256,173	1,829,194	2,085,367	

Fund balances - ending	
$	322,429	
$ 1,896,178	
$  2,218,607	

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

Net change in fund balances - total governmental funds	$	133,240 Amounts reported for governmental activities in the statement of activities

See notes to the financial statements
NOTES TO FINANCIAL STATEMENTS NOTE 1 – NATURE OF ORGANIZATION AND REPORTING ENTITY
Cypress Bluff Community Development District ("District") was established by Ordinance 2018-335-E of the Board of County Commissioners of City of Jacksonville, pursuant to the Uniform Community Development District Act of 1980, and otherwise known as Chapter 190, Florida Statutes and expanded by City of Jacksonville Ordinance 2019-599-E on October 22, 2019. The Act provides among other things, the power to manage basic services for community development, power to borrow money and issue Bonds, and to levy and assess non-ad valorem assessments for the financing and delivery of capital infrastructure.

The District was established for the purposes of financing and managing the acquisition, construction, maintenance and operation of a portion of the infrastructure necessary for community development within the District.
The District is governed by the Board of Supervisors ("Board"), which is composed of five members. The Supervisors are elected by the qualified electors of the District. The Board of Supervisors of the District exercise all powers granted to the District pursuant to Chapter 190, Florida Statutes. As of September 30, 2025, one of the Board members was affiliated with E-Town Development Inc, one of the Developers within the District.

The Board has the responsibility for:
	1.	Allocating and levying assessments.
	2.	Approving budgets.
	3.	Exercising control over facilities and properties.
	4.	Controlling the use of funds generated by the District.
	5.	Approving the hiring and firing of key personnel.
	6.	Financing improvements.

The financial statements were prepared in accordance with Governmental Accounting Standards Board (“GASB”) Statements. Under the provisions of those standards, the financial reporting entity consists of the primary government, organizations for which the District is considered to be financially accountable and other organizations for which the nature and significance of their relationship with the District are such that, if excluded, the financial statements of the District would be considered incomplete or misleading. There are no entities considered to be component units of the District; therefore, the financial statements include only the operations of the District.
NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

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

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

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

The District reports the following major governmental funds:

General Fund
The general fund is the general operating fund of the District. It is used to account for all financial resources except those required to be accounted for in another fund.

Debt Service Fund
The debt service fund is used to account for the accumulation of resources for the annual payment of principal and interest on long-term debt.

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

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

Deposits and Investments
The District’s cash and cash equivalents are considered to be cash on hand and demand deposits (interest and non-interest bearing).
The District has elected to proceed under the Alternative Investment Guidelines as set forth in Section
218.415 (17) Florida Statutes. The District may invest any surplus public funds in the following:
	a.	The Local Government Surplus Trust Funds, or any intergovernmental investment pool authorized pursuant to the Florida Inter-local Cooperation Act;
	b.	Securities and Exchange Commission registered money market funds with the highest credit quality rating from a nationally recognized rating agency;
	c.	Interest bearing time deposits or savings accounts in qualified public depositories;
	d.	Direct obligations of the U.S. Treasury.
The State Board of Administration’s (“SBA”) Local Government Surplus Funds Trust Fund (“Florida PRIME”) is a “2a-7 like” pool. A “2a-7 like” pool is an external investment pool that is not registered with the Securities and Exchange Commission (“SEC”) as an investment company, but nevertheless has a policy that it will, and does, operate in a manner consistent with the SEC’s Rule 2a-7 of the Investment Company Act of 1940, which comprises the rules governing money market funds. Thus, the pool operates essentially as a money market fund. The District has reported its investment in Florida PRIME at amortized cost for financial reporting purposes.

Securities listed in paragraph c and d shall be invested to provide sufficient liquidity to pay obligations as they come due. In addition, surplus funds may be deposited into certificates of deposit which are insured and any unspent Bond proceeds are required to be held in investments as specified in the Bond Indenture.
The District records all interest revenue related to investment activities in the respective funds. Investments are measured at amortized cost or reported at fair value as required by generally accepted accounting principles.

Prepaid Items
Certain payments to vendors reflect costs applicable to future accounting periods and are recorded as prepaid items in both government-wide and fund financial statements.

Capital Assets
Capital assets which include property, plant and equipment, and infrastructure assets (e.g., roads, sidewalks and similar items) are reported in the government activities columns in the government-wide financial statements. Capital assets are defined by the government as assets with an initial, individual cost of more than $5,000 (amount not rounded) and an estimated useful life in excess of two years. Such assets are recorded at historical cost or estimated historical cost if purchased or constructed. Donated capital assets are recorded at acquisition value at the date of donation.
The costs of normal maintenance and repairs that do not add to the value of the asset or materially extend assets lives are not capitalized. Major outlays for capital assets and improvements are capitalized as projects are constructed.
Capital Assets (Continued)
Property, plant and equipment of the District are depreciated using the straight-line method over the following estimated useful lives:

Assets	Years	
Infrastructure	30	
Recreational facilities & amenities	30	
Equipment	5	

In the governmental fund financial statements, amounts incurred for the acquisition of capital assets, including right to use leased assets, are reported as fund expenditures. Depreciation expense is not reported in the governmental fund financial statements.

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

Long-Term Obligations
In the government-wide financial statements long-term debt and other long-term obligations are reported as liabilities in the statement of net position. Bond premiums and discounts are deferred and amortized over the life of the Bonds. Bonds payable are reported net of applicable premiums or discounts. Bond issuance costs are expensed when incurred.

In the fund financial statements, governmental fund types recognize premiums and discounts, as well as issuance costs, during the current period. The face amount of debt issued is reported as other financing sources. Premiums received on debt issuances are reported as other financing sources while discounts on debt issuances are reported as other financing uses. Issuance costs, whether or not withheld from the actual debt proceeds received, are reported as debt service expenditures.

Deferred Outflows/Inflows of Resources
In addition to assets, the statement of financial position will sometimes report a separate section for deferred outflows of resources. This separate financial statement element, deferred outflows of resources, represents a consumption of net position that applies to a future period(s) and so will not be recognized as an outflow of resources (expense/expenditure) until then.

In addition to liabilities, the statement of financial position will sometimes report a separate section for deferred inflows of resources. This separate financial statement element, deferred inflows of resources, represents an acquisition of net position that applies to a future period(s) and so will not be recognized as an inflow of resources (revenue) until that time.
Fund Equity/Net Position
In the fund financial statements, governmental funds report non spendable and restricted fund balance for amounts that are not available for appropriation or are legally restricted by outside parties for use for a specific purpose. Assignments of fund balance represent tentative management plans that are subject to change.
The District can establish limitations on the use of fund balance as follows:

Committed fund balance – Amounts that can be used only for the specific purposes determined by a formal action (resolution) of the Board of Supervisors. Commitments may be changed or lifted only by the Board of Supervisors taking the same formal action (resolution) that imposed the constraint originally. Resources accumulated pursuant to stabilization arrangements sometimes are reported in this category.
Assigned fund balance – Includes spendable fund balance amounts established by the Board of Supervisors that are intended to be used for specific purposes that are neither considered restricted nor committed. The Board may also assign fund balance as it does when appropriating fund balance to cover differences in estimated revenue and appropriations in the subsequent year’s appropriated budget. Assignments are generally temporary and normally the same formal action need not be taken to remove the assignment.

The District first uses committed fund balance, followed by assigned fund balance and then unassigned fund balance when expenditures are incurred for purposes for which amounts in any of the unrestricted fund balance classifications could be used.
Net position is the difference between assets and deferred outflows of resources less liabilities and deferred inflows of resources. Net position in the government-wide financial statements are categorized as net investment in capital assets, restricted or unrestricted. Net investment in capital assets represents net position related to infrastructure and property, plant and equipment. Restricted net position represents the assets restricted by the District’s Bond covenants or other contractual restrictions. Unrestricted net position consists of the net position not meeting the definition of either of the other two components.

Other Disclosures

Use of Estimates
The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, and disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenditures during the reporting period. Actual results could differ from those estimates.

NOTE 3 – BUDGETARY INFORMATION

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

The District follows these procedures in establishing the budgetary data reflected in the financial statements.
	a.	Each year the District Manager submits to the District Board a proposed operating budget for the fiscal year commencing the upcoming October 1.
	b.	Public hearings are conducted to obtain comments.
	c.	Prior to October 1, the budget is legally adopted by the District Board.
	d.	All budget changes must be approved by the District Board.
	e.	The budgets are adopted on a basis consistent with generally accepted accounting principles.
	f.	Unused appropriation for annually budgeted funds lapse at the end of the year.
The District’s cash balances were entirely covered by federal depository insurance or by a collateral pool pledged to the State Treasurer. Florida Statutes Chapter 280, "Florida Security for Public Deposits Act", requires all qualified depositories to deposit with the Treasurer or another banking institution eligible collateral equal to various percentages of the average daily balance for each month of all public deposits in excess of any applicable deposit insurance held. The percentage of eligible collateral (generally, U.S. Governmental and agency securities, state or local government debt, or corporate bonds) to public deposits is dependent upon the depository's financial history and its compliance with Chapter 280. In the event of a failure of a qualified public depository, the remaining public depositories would be responsible for covering any resulting losses.

Investments
The District’s investments were held as follows at September 30, 2025:
 Amortized cost	Credit Risk	Maturities	
Weighted average of the fund
Dreyfus Government Cash Management	$	1,896,178	S&P AAAm
Investment in Local Government Surplus Funds Trust Fund
(Florida PRIME)		219,966 	S&P AAAm
 $	2,116,144 
portfolio:39 days
Weighted average of the fund portfolio: 47 days
Credit risk – For investments, credit risk is generally the risk that an issuer of an investment will not fulfill its obligation to the holder of the investment. This is measured by the assignment of a rating by a nationally recognized statistical rating organization. Investment ratings by investment type are included in the preceding summary of investments.

Concentration risk – The District places no limit on the amount the District may invest in any one issuer.

Interest rate risk – The District does not have a formal policy that limits investment maturities as a means of managing exposure to fair value losses arising from increasing interest rates.
However, the Bond Indenture limits the type of investments held using unspent proceeds.

Fair Value Measurement – When applicable, the District measures and records its investments using fair value measurement guidelines established in accordance with GASB Statements. The framework for measuring fair value provides a fair value hierarchy that prioritizes the inputs to valuation techniques.
These guidelines recognize a three-tiered fair value hierarchy, in order of highest priority, as follows:
	•	Level 1: Investments whose values are based on unadjusted quoted prices for identical investments in active markets that the District has the ability to access;
	•	Level 2: Investments whose inputs - other than quoted market prices - are observable either directly or indirectly; and,
	•	Level 3: Investments whose inputs are unobservable.

Investments (Continued)
The fair value measurement level within the fair value hierarchy is based on the lowest level of any input that is significant to the entire fair value measurement. Valuation techniques used should maximize the use of observable inputs and minimize the use of unobservable inputs.

Money market investments that have a maturity at the time of purchase of one year or less and are held by governments other than external investment pools should be measured at amortized cost. For external investment pools that qualify to be measured at amortized cost, the pool’s participants should also measure their investments in that external investment pool at amortized cost for financial reporting purposes. Accordingly, the District’s investments have been reported at amortized cost above.

External Investment Pool – With regard to redemption gates, Chapter 218.409(8)(a), Florida Statutes, states that “The principal, and any part thereof, of each account constituting the trust fund is subject to payment at any time from the moneys in the trust fund. However, the Executive Director may, in good faith, on the occurrence of an event that has a material impact on liquidity or operations of the trust fund, for 48 hours limit contributions to or withdrawals from the trust fund to ensure that the Board can invest moneys entrusted to it in exercising its fiduciary responsibility. Such action must be immediately disclosed to all participants, the Trustees, the Joint Legislative Auditing Committee, the Investment Advisory Council, and the Participant Local Government Advisory Council. The Trustees shall convene an emergency meeting as soon as practicable from the time the Executive Director has instituted such measures and review the necessity of those measures. If the Trustees are unable to convene an emergency meeting before the expiration of the 48-hour moratorium on contributions and withdrawals, the moratorium may be extended by the Executive Director until the Trustees are able to meet to review the necessity for the moratorium. If the Trustees agree with such measures, the Trustees shall vote to continue the measures for up to an additional 15 days. The Trustees must convene and vote to continue any such measures before the expiration of the time limit set, but in no case may the time limit set by the Trustees exceed 15 days.” With regard to liquidity fees, Florida Statute 218.409(4) provides authority for the SBA to impose penalties for early withdrawal, subject to disclosure in the enrollment materials of the amount and purpose of such fees. At present, no such disclosure has been made.

As of September 30, 2025, there were no redemption fees or maximum transaction amounts, or any other requirements that serve to limit a participant’s daily access to 100% of their account value.
NOTE 5 – CAPITAL ASSETS

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

	Beginning
Balance	
Additions	
Reductions	Ending
Balance	
Governmental activities
Capital assets, not being depreciated Infrastructure in progress	

$ 25,962,154	

$	-	

$  25,962,154	

$	-	
Total capital assets, not being depreciated	25,962,154	-	25,962,154	-	

Capital assets, being depreciated Infrastructure	

-	

4,333,340	

-	

4,333,340	
Recreational facilities & amenities	-	13,518,307	-	13,518,307	
Equipment	73,932	-	-	73,932	
Total capital assets, being depreciated	73,932	17,851,647	-	17,925,579	

Less accumulated depreciation for: Infrastructure	

-	

144,445	

-	

144,445	
Recreational facilities & amenities	-	450,610	-	450,610	
Equipment	44,358	14,786	-	59,144	
Total accumulated depreciation	44,358	609,841	-	654,199	

Total capital assets, being depreciated, net	
29,574	
17,241,806	
-	
17,271,380	

Governmental activities capital assets, net	
$ 25,991,728	
$  17,241,806	
$  25,962,154	
$  17,271,380	

The infrastructure intended to serve the District has been estimated at a total cost of approximately
$28,104,584 for the Series 2019 and 2020 projects, $7,708,526 for the Series 2020A project, and $1.8 million for the Series 2021 project. The infrastructure includes roadways, utilities, landscapes, hardscapes, electrical improvements, and recreational improvements. A portion of the project costs was expected to be financed with the proceeds from the issuance of Bonds with the remainder to be funded by the Developer and conveyed to the District. Upon completion, certain improvements are to be conveyed to others for ownership and maintenance responsibilities. The project was completed during the current fiscal year and the District recognized conveyance expense of $8,110,507.
Depreciation expense was charged to function/programs as follows:

Maintenance and operations	$	144,445	
Amenity center		465,396 	
	 $	609,841 	

In connection with the 2019, 2020, and 2020A and 2021 projects (“projects”), if the amount by which the cost of the projects or portion thereof to be conveyed by the Developer to the District pursuant to the Acquisition Agreements exceeds the amount actually paid by the District for the projects or portion thereof from proceeds of the Series 2019, 2020, 2020A, and 2021 Bonds, it may be determined that deferred obligations exist. Upon completion of the projects, certain funds available from the Bonds may be used to pay deferred obligations as outlined in the Bond Indenture. The District has not yet determined if a liability exists for deferred obligations.

NOTE 6 – LONG TERM LIABILITIES
Series 2019
In January 2019 the District issued $11,565,000 of Special Assessment Bonds, Series 2019 consisting of multiple term bonds with due dates ranging from May 1, 2024 to May 1, 2048 and fixed interest rates ranging from 3.75% to 4.1%. The Bonds were issued to finance a portion of the cost of acquiring, constructing, and equipping the Series 2019 project. Interest is to be paid semiannually on each May 1 and November 1. Principal on the Series 2019 Bonds is paid serially commencing May 1, 2019 through May 1, 2048.

The Bonds are subject to optional redemption prior to maturity as outlined in the Bond Indenture. The Bonds are subject to extraordinary mandatory redemption prior to their selected maturity in the manner determined by the Bond Registrar if certain events occurred as outlined in the Bond Indenture. This occurred during the current fiscal year as the District collected assessments from lot closings and prepaid $20,000 of the Series 2019 Bonds.

The Bond Indenture established a debt service reserve requirement as well as other restrictions and requirements relating principally to the use of proceeds to pay for the infrastructure improvements and the procedures to be followed by the District on assessments to property owners. The District agrees to levy special assessments in annual amounts adequate to provide payment of debt service and to meet the reserve requirements. The District was in compliance with the requirements at September 30, 2025.

Series 2020
In April 2020 the District issued $7,705,000 of Special Assessment Bonds, Series 2020 consisting of multiple term bonds with due dates ranging from November 1, 2025 to November 1, 2049 and fixed interest rates ranging from 3.9% to 5.2%. The Bonds were issued to finance a portion of the cost of acquiring, constructing, and equipping the Series 2020 project. Interest is to be paid semiannually on each May 1 and November 1. Principal on the Series 2020 Bonds is paid serially commencing November 1, 2020 through November 1, 2049.

The Bonds are subject to optional redemption prior to maturity as outlined in the Bond Indenture. The Bonds are subject to extraordinary mandatory redemption prior to their selected maturity in the manner determined by the Bond Registrar if certain events occurred as outlined in the Bond Indenture. This occurred during the current fiscal year as the District collected assessments from lot closings and prepaid $10,000 of the Series 2020 Bonds.

Series 2020 (Continued)
The Bond Indenture established a debt service reserve requirement as well as other restrictions and requirements relating principally to the use of proceeds to pay for the infrastructure improvements and the procedures to be followed by the District on assessments to property owners. The District agrees to levy special assessments in annual amounts adequate to provide payment of debt service and to meet the reserve requirements. The District was in compliance with the requirements at September 30, 2025.

Series 2020A
In August 2020 the District issued $7,675,000 of Special Assessment Bonds, Series 2020A consisting of multiple term bonds with due dates ranging from May 1, 2025 to May 1, 2050 and fixed interest rates ranging from 2.7% to 3.8%. The Bonds were issued to finance a portion of the cost of acquiring, constructing, and equipping the Series 2020A project. Interest is to be paid semiannually on each May 1 and November 1. Principal on the Series 2020A Bonds is paid serially commencing May 1, 2021 through May 1, 2050.
The Bonds are subject to optional redemption prior to maturity as outlined in the Bond Indenture. The Bonds are subject to extraordinary mandatory redemption prior to their selected maturity in the manner determined by the Bond Registrar if certain events occurred as outlined in the Bond Indenture. This occurred during the current fiscal year as the District collected assessments from lot closings and prepaid $15,000 of the Series 2020A Bonds.

The Bond Indenture established a debt service reserve requirement as well as other restrictions and requirements relating principally to the use of proceeds to pay for the infrastructure improvements and the procedures to be followed by the District on assessments to property owners. The District agrees to levy special assessments in annual amounts adequate to provide payment of debt service and to meet the reserve requirements. The District was in compliance with the requirements at September 30, 2025.

Series 2021
In November 2021, the District issued $2,045,000 of Special Assessment Bonds, Series 2021 consisting of multiple term bonds with due dates ranging from May 1, 2026 to May 1, 2051, and fixed interest rates ranging from 2.3% to 4%. The bonds were issued to finance the cost of acquiring, constructing and equipping assessable improvements comprising the Series 2021 Project. Interest is to be paid semiannually on each May 1 and November 1. Principal on the Bonds is to be paid serially commencing May 1, 2022, through May 1, 2051.

The Bonds are subject to optional redemption prior to maturity as outlined in the Bond Indenture. The Bonds are subject to extraordinary mandatory redemption prior to their selected maturity in the manner determined by the Bond Registrar if certain events occurred as outlined in the Bond Indenture.
The Bond Indenture established a debt service reserve requirement as well as other restrictions and requirements relating principally to the use of proceeds to pay for the infrastructure improvements and the procedures to be followed by the District on assessments to property owners. The District agrees to levy special assessments in annual amounts adequate to provide payment of debt service and to meet the reserve requirements. The District was in compliance with the requirements at September 30, 2025.

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

	Beginning
Balance	
Additions	
Reductions	Ending
Balance	Due Within
One Year	
Governmental activities						
Bonds payable:						
Series 2019	$  10,050,000	$	-	$	250,000	$	9,800,000	$	240,000	
Series 2020	7,010,000	-	155,000	6,855,000	150,000	
Series 2020A	6,995,000	-	180,000	6,815,000	175,000	
Less: OID	(48,787)	-	(1,876)	(46,911)	-	
Series 2021	1,915,000	-	45,000	1,870,000	45,000	
Plus: OIP	26,275	-	976	25,299	-	
Financed purchases	6,591	-	6,591	-	-	
Total	$  25,954,079	$	-	$	635,691	$  25,318,388	$	610,000	

At September 30, 2025, the scheduled debt service requirements on the long-term debt were as follows:

Year ending
	Governmental Activities	
  September 30:	Principal	Interest	Total	
2026	$	610,000	$	1,137,388	$	1,747,388	
2027	635,000	1,114,687	1,749,687	
2028	655,000	1,090,463	1,745,463	
2029	685,000	1,065,339	1,750,339	
2030	705,000	1,039,120	1,744,120	
2031-2035	4,040,000	4,704,965	8,744,965	
2036-2040	5,055,000	3,707,976	8,762,976	
2041-2045	6,335,000	2,426,416	8,761,416	
2046-2050	6,510,000	798,656	7,308,656	
2051		110,000	4,400	114,400 			
Total	 $	25,340,000	$	17,089,410	$	42,429,410 			

NOTE 7 – FINANCE PURCHASES
The District has the following agreements to finance the purchase of equipment:

Equipment
Type	Equipment
Cost	Agreement
Inception	
Maturity	Monthly
Payment	
Fitness	$	77,205	1/25/2021	12/25/2024	$1,792	
Fitness	9,965	1/25/2022	2/25/2025	322	
Both loans were paid off during the current fiscal year.

NOTE 8 – DEVELOPER TRANSACTIONS
The Developers own a portion of land within the District; therefore, assessment revenues in the general and debt service funds include the assessments levied on those lots owned by the Developer.

NOTE 9 – CONCENTRATION
The District’s activity is dependent upon the continued involvement of the Developers, the loss of which could have a material adverse effect on the District’s operations.

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

NOTE 11 – RISK MANAGEMENT

The District is exposed to various risks of loss related to torts; theft of, damage to, and destruction of assets; errors and omissions; and natural disasters. The District has obtained commercial insurance from independent third parties to mitigate the costs of these risks; coverage may not extend to all situations. There were no settled claims over the past three years.
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE - BUDGET AND ACTUAL – GENERAL FUND FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2025

Variance with Final Budget -
		Budgeted Amounts		Actual	Positive						
	Original	Final	Amounts	(Negative)					
REVENUES									
Assessments	$	1,196,190	$	1,200,488	$	1,200,488	$	-	
Interest	5,000	18,289	18,289	-					
Miscellaneous income	20,000	27,414	27,366	(48)					
Total revenues	1,221,190	1,246,191	1,246,143	(48)					

EXPENDITURES
Current:
General government	

153,663	

158,852	

150,410	

8,442					
Maintenance and operations	488,595	535,303	572,320	(37,017)					
Amenity Debt Service:
Principal	578,932

-	606,478

-	450,491

6,591	155,987

(6,591)					
Interest	-	-	75	(75)					
Total expenditures	1,221,190	1,300,633	1,179,887	120,746					

Excess (deficiency) of revenues over (under) expenditures	

-	

(54,442)	

66,256	

120,698					
OTHER FINANCING SOURCES (USES)
Carryforward surplus	
-	
54,442	
-	
(54,442)					
Total other financing sources (uses)	-	54,442	-	(54,442)					

Net change in fund balance	
 $	-	$	-		
66,256	
 $	66,256 						
Fund balance - beginning				256,173 						
Fund balance - ending			 $	322,429 						

See notes to required supplementary information
NOTES TO REQUIRED SUPPLEMENTARY INFORMATION

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

The legal level of budgetary control, the level at which expenditures may not exceed budget, is in the aggregate. Any budget amendments that increase the aggregate budgeted appropriations must be approved by the Board of Supervisors. The general fund budget for the fiscal year ended September 30, 2025 was amended to increase revenues by $25,001, increase appropriations by $79,443 and increase other financing sources by $54,442.
OTHER INFORMATION – DATA ELEMENTS REQUIRED BY FL STATUTE 218.39(3)(C)
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2025 UNAUDITED

Element	Comments
Number of District employees compensated in the last pay period of the District’s fiscal year being reported.	
3	
Number of independent contractors compensated to whom nonemployee compensation was paid in the last month of the District’s fiscal year being reported.	
13	
Employee compensation	$7,600	
Independent contractor compensation	$978,469	
Construction projects to begin on or after October 1; ($65K)	None	

Budget variance report	See the Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual - General Fund	
Ad Valorem taxes	Not applicable	
		
Non ad valorem special assessments;		
Special assessment rate	Operations and maintenance:
$351.35 - $540.54	
	
Debt service:
Series 2019: $405.17 - $837.60 Series 2020: $405.37 - $837.60 Series 2020A: $723.64 - $1,085.46 Series 2021: $404.86 - $836.38	
Special assessments collected	$2,976,960	
Outstanding Bonds:		
Series 2019, due May 1, 2048	$9,800,000	
Series 2020, due November 1, 2049	$6,855,000	
Series 2020A, due May 1, 2050	$6,815,000	
Series 2021, due May 1, 2051	$1,870,000	
INDEPENDENT AUDITOR’S REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING AND ON COMPLIANCE AND OTHER MATTERS BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS

To the Board of Supervisors
Cypress Bluff Community Development District City of Jacksonville, Florida

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

Xxxx, 2026

INDEPENDENT AUDITOR’S REPORT ON COMPLIANCE WITH THE REQUIREMENTS OF SECTION 218.415, FLORIDA STATUTES, REQUIRED BY RULE 10.556(10) OF THE AUDITOR GENERAL OF THE STATE OF FLORIDA
To the Board of Supervisors
Cypress Bluff Community Development District City of Jacksonville, Florida
We have examined Cypress Bluff Community Development District, City of Jacksonville, Florida’s (“District”) compliance with the requirements of Section 218.415, Florida Statutes, in accordance with Rule 10.556(10) of the Auditor General of the State of Florida during the fiscal year ended September 30, 2025. Management is responsible for District’s compliance with those requirements. Our responsibility is to express an opinion on District’s compliance based on our examination.
Our examination was conducted in accordance with attestation standards established by the American Institute of Certified Public Accountants. Those standards require that we plan and perform the examination to obtain reasonable assurance about whether the District complied, in all material respects, with the specified requirements referenced in Section 218.415, Florida Statutes. An examination involves performing procedures to obtain evidence about whether the District complied with the specified requirements. The nature, timing, and extent of the procedures selected depend on our judgment, including an assessment of the risks of material noncompliance, whether due to fraud or error. We believe that the evidence we obtained is sufficient and appropriate to provide a reasonable basis for our opinion. Our examination does not provide a legal determination on the District’s compliance with specified requirements.

We are required to be independent and to meet our other ethical responsibilities in accordance with relevant ethical requirements relating to the examination engagement.
In our opinion, the District complied, in all material respects, with the aforementioned requirements for the fiscal year ended September 30, 2025.
This report is intended solely for the information and use of the Legislative Auditing Committee, members of the Florida Senate and the Florida House of Representatives, the Florida Auditor General, management, and the Board of Supervisors of Cypress Bluff Community Development District, City of Jacksonville, Florida and is not intended to be and should not be used by anyone other than these specified parties.

Xxxx, 2026

MANAGEMENT LETTER PURSUANT TO THE RULES OF THE AUDITOR GENERAL FOR THE STATE OF FLORIDA
To the Board of Supervisors
Cypress Bluff Community Development District City of Jacksonville, Florida

Report on the Financial Statements
We have audited the accompanying basic financial statements of Cypress Bluff Community Development District, City of Jacksonville, Florida ("District") as of and for the fiscal year ended September 30, 2025, and have issued our report thereon dated Xxxx, 2026.
Auditor’s Responsibility

We conducted our audit in accordance with auditing standards generally accepted in the United States of America; the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States; and Chapter 10.550, Rules of the Florida Auditor General.
Other Reporting Requirements

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

Purpose of this Letter

The purpose of this letter is to comment on those matters required by Chapter 10.550 of the Rules of the Auditor General for the State of Florida. Accordingly, in connection with our audit of the financial statements of the District, as described in the first paragraph, we report the following:
	I.	Current year findings and recommendations.
	II.	Status of prior year findings and recommendations.
	III.	Compliance with the Provisions of the Auditor General of the State of Florida.

Our management letter is intended solely for the information and use of the Legislative Auditing Committee, members of the Florida Senate and the Florida House of Representatives, the Florida Auditor General, Federal and other granting agencies, as applicable, management, and the Board of Supervisors of Cypress Bluff Community Development District, City of Jacksonville, Florida and is not intended to be and should not be used by anyone other than these specified parties.

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

Xxxx, 2026
REPORT TO MANAGEMENT

	I.	CURRENT YEAR FINDINGS AND RECOMMENDATIONS
None

	I.	PRIOR YEAR FINDINGS AND RECOMMENDATIONS

None
	I.	COMPLIANCE WITH THE PROVISIONS OF THE AUDITOR GENERAL OF THE STATE OF FLORIDA

Unless otherwise required to be reported in the auditor’s report on compliance and internal controls, the management letter shall include, but not be limited to the following:

	1.	A statement as to whether or not corrective actions have been taken to address findings and recommendations made in the preceding annual financial audit report.

There were no significant findings and recommendations made in the preceding annual financial audit report for the fiscal year ended September 30, 2024.
	1.	Any recommendations to improve the local governmental entity's financial management.

There were no such matters discovered by, or that came to the attention of, the auditor, to be reported for the fiscal year ended September 30, 2025.
	1.	Noncompliance with provisions of contracts or grant agreements, or abuse, that have occurred, or are likely to have occurred, that have an effect on the financial statements that is less than material but which warrants the attention of those charged with governance.
There were no such matters discovered by, or that came to the attention of, the auditor, to be reported, for the fiscal year ended September 30, 2025.
	1.	The name or official title and legal authority of the District are disclosed in the notes to the financial statements.

	1.	The District has not met one or more of the financial emergency conditions described in Section 218.503(1), Florida Statutes.
	2.	We applied financial condition assessment procedures and no deteriorating financial conditions were noted. It is management’s responsibility to monitor financial condition, and our financial condition assessment was based in part on representations made by management and the review of financial information provided by same.

	1.	Management has provided the specific information required by Section 218.39(3)(c) in the Other Information section of the financial statements on page 26.

SIXTH ORDER OF BUSINESS

Cypress Bluff

Community Development District

Proposed Budget
FY 2027

Presented by:
Table of Contents

1-2		General Fund	

3-6	
	Narratives	

7	
	Debt Service Fund Series 2019	

8	
	Amortization Schedule Series 2019	

9	
	Debt Service Fund Series 2020	

10	
	Amortization Schedule Series 2020	

11	
	Debt Service Fund Series 2020A	

12	
	Amortization Schedule Series 2020A	

13	
	Debt Service Fund Series 2021	

14	
	Amortization Schedule Series 2021	

15	
	Assessment Schedule	

16	
	Capital Reserve Fund	

REVENUES:						
Special Assessments	$	1,339,699	$	1,305,077	$	35,402	$  1,340,479	$  1,404,858	
Interest income	10,200	17,108	10,000	27,108	25,000	
Other Revenues (Event Fees)	20,000	5,358	5,000	10,358	10,000	
Carry Forward Surplus	-	-	-	-	-	
TOTAL REVENUES	$ 1,369,899	$ 1,327,543	$	50,402	$ 1,377,945	$ 1,439,858	

EXPENDITURES:						
Administrative						
Supervisor Fees	$	12,000	$	4,000	$	6,000	$	10,000	$	12,000	
FICA Expense	918	306	459	765	918	
Engineering	9,500	590	8,910	9,500	9,500	
Arbitrage Rebate	2,400	600	1,800	2,400	2,400	
Dissemination Agent	7,969	4,284	3,685	7,969	8,800	
Attorney	13,000	5,930	7,070	13,000	13,000	
Annual Audit	6,700	6,800	-	6,800	6,900	
Assessment Roll Administration	11,798	11,798	-	11,798	12,506	
Trustee Fees	23,000	14,506	8,494	23,000	23,000	
Management Fees	57,974	28,987	28,987	57,974	61,453	
Information Technology	2,949	1,475	1,475	2,949	3,126	
Website Maintenance	1,475	738	737	1,475	1,563	
Telephone	500	90	410	500	500	
Postage & Delivery	1,500	1,338	1,200	2,538	1,500	
Printing & Binding	2,500	643	150	793	2,500	
Insurance General Liability	7,460	7,029	-	7,029	7,732	
Legal Advertising	2,500	618	1,883	2,500	2,500	
Other Current Charges	500	141	500	641	500	
Office Supplies	600	4	596	600	300	
Dues, Licenses & Subscriptions	175	175	-	175	175	
TOTAL ADMINISTRATIVE	$	165,418	$	90,051	$	72,356	$  162,407	$  170,873	

Operations & Maintenance						
Grounds						

Lake Maintenance	
$	1,500	
$	600	
$	600	
$	1,200	
$	1,200	
Landscape Maintenance	417,103	204,462	212,641	417,103	429,617	
Landscape Contingency	13,000	14,575	15,000	29,575	30,000	
Pump Maintenance	3,550	5,968	3,550	9,518	3,550	
Water & Sewer	32,500	-	-	-	-	
Electric	-	11,467	13,800	25,267	26,000	
Reclaim Water	-	10,246	16,800	27,046	27,600	
Irrigation Repairs	10,000	7,241	2,500	9,741	5,000	
Pest Control	2,400	1,140	1,680	2,820	3,360	
Environmental Permit/Monitoring	20,000	-	20,000	20,000	20,000	
Other Repairs and Maintenance	5,000	-	5,000	5,000	5,000	
TOTAL GROUNDS	$	505,053	$	255,700	$	291,571	$  547,270	$  551,327		

Amenity											

Insurance	
$	61,650	
$	56,442	
$	-	
$	56,442	
$	53,623						
Amenity Manager (Vesta)	134,031	67,016	67,015	134,031	129,480						
Pool Maintenance (Vesta)	10,172	5,086	5,086	10,172	10,477						
Pool Chemicals (Vesta)	17,148	8,574	8,574	17,148	17,662						
Facility Attendant (Vesta)	98,500	49,250	49,250	98,500	93,500						
Janitorial Services (Vesta)	13,339	6,669	6,669	13,339	13,739						
Refuse	3,000	1,191	1,809	3,000	3,000						
Security Monitoring	10,000	360	360	720	720						
Security Camera	-	-	10,313	10,313	10,313						
Security Patrol	20,000	-	10,000	10,000	20,000						
Facility Maintenance (Vesta)	21,387	10,694	10,693	21,387	22,242						
Elevator Maintenance	5,000	3,666	-	3,666	4,000						
Electric	25,500	3,159	5,100	8,259	8,400						
Water and Sewer	-	1,552	2,400	3,952	4,440						
Irrigation Water	-	20,619	21,000	41,619	42,000						
Cable and Internet	10,200	4,725	4,800	9,525	10,800						
Licenses and Permits	1,000	-	1,000	1,000	1,000						
Subscriptions	-	3,242	3,000	6,242	5,670						
Repairs & Maintenance	71,000	18,909	52,091	71,000	71,000						
Special Events	35,000	17,035	17,965	35,000	35,000						
Holiday Decorations	1,500	704	796	1,500	1,500						
Fitness Center R&M	20,000	3,892	16,108	20,000	20,000						
Fitness Equipment Rentals	9,000	2,124	3,546	5,670	7,092						
Reserve for Amenities	100,000	5,502	25,000	30,502	100,000						
Mobile Application	9,000	4,500	4,500	9,000	9,000						
Other Current Charges	3,000	-	1,500	1,500	3,000						
TOTAL AMENITY	$	679,427	$	294,912	$	328,577	$	623,489	$	697,658	

Capital Reserve

Capital Reserve Funding
$	20,000  $
20,000  $
-  $	20,000  $
20,000

Special Assessments-Tax Roll
The District will levy a Non-Ad Valorem assessment on all sold and platted parcels within the District in order to pay for the operating expenditures during the Fiscal Year.
Interest Income
The District earns interest on the monthly average collected balance for each of their investment accounts.
Other Revenues (Event Fees)
Income received from resident rental of Rooftop patio, amenity access fobs, fitness class, etc.

Supervisors Fees
Chapter 190 of the Florida Statutes allows for members of the Board of Supervisors to be compensated
$200 per meeting in which they attend. The budgeted amount for the fiscal year is based on all supervisors attending 12 meetings.
FICA Taxes
Payroll taxes on Board of Supervisor’s compensation. The budgeted amount for the fiscal year is calculated at 7.65% of the total Board of Supervisor’s payroll expenditures.
Engineering
The District’s engineer, England-Thims & Miller, Inc will be providing general engineering services to the District, i.e. attendance and preparation for monthly board meetings, review invoices, etc.
Arbitrage Rebate
The District is required to annually have an arbitrage rebate calculation on the District’s Series 2019, 2020, 2020A and 2021 Special Assessment Revenue Bonds.
Dissemination Agent
The District is required by the Security and Exchange Commission to comply with Rule 15(c)(2)-12(b)(5), which relates to additional reporting requirements for un-rated bond issues.
Vendor
GMS	Description
Dissemination Agent		Monthly
$	700	Annual
$	8,400	
Disclosure Services	Revised Amortization Schedules			400	
		Total		$	8,800	
Attorney
The District’s legal counsel, Kutak Rock LLP will be providing general legal services to the District, i.e. attendance and preparation for monthly meetings, review operating & maintenance contracts, etc.
Annual Audit
The District is required annually to conduct an audit of its financial records by an Independent Certified Public Accounting Firm. Grau and Associates currently serves as the District’s Independent Auditor.
Assessment Roll Administration
GMS, LLC provides assessment services for closing lot sales, assessment roll services with the local Tax Collector and financial advisory services.
Trustee Fees
The Trustee at The Bank of New York Mellon administers the District’s Series 2019, 2020, 2020A, and 2021 Special Assessment Revenue Bonds. The amount represents the annual fee for the administration of the District’s bond issue.
Management Fees
The District receives Management, Accounting and Administrative services as part of a Management Agreement with Governmental Management Services, LLC. The budgeted amount for the fiscal year is based on the contracted fees outlined in Exhibit "A" of the Management Agreement.
Information Technology
Represents costs related to the District’s information systems, which include but are not limited to video conferencing services, cloud storage services and servers, security, accounting software, etc.
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.

Telephone
New internet and Wi-Fi service for Office.
Postage and Delivery
Actual postage and/or freight used for District mailings including agenda packages, vendor checks and other correspondence.
Printing and Binding
Copies used in the preparation of agenda packages, required mailings, and other special projects.
Insurance General Liability
The District’s General Liability & Public Officials Liability Insurance policy is with Florida Insurance Alliance. FIA specializes in providing insurance coverage to governmental agencies.
Legal Advertising
The District is required to advertise various notices for monthly Board meetings and other public hearings in a newspaper of general circulation.
Other Current Charges
This includes monthly bank charges and any other miscellaneous expenses that incur during the year.
Office Supplies
Supplies used in the preparation and binding of agenda packages, required mailings, and other special projects.
Due, Licenses & Subscriptions
The District is required to pay an annual fee to the Florida Department of Commerce for $175.

Lake Maintenance
Maintenance costs to maintain lakes and control vegetation and algae. The District currently uses Clear Waters, Inc. and Aerostar SES for storm water inspection services.
Landscape Maintenance
The District has contracted with Sun State Nursery & Landscaping Estimated costs related to maintain the common areas of the District.
Vendor	Description	Monthly	Annual
Sun State Nursery & Landscaping	E-Town Area 1, 2 & 3
Landscape Contingency
Estimated costs for other landscape maintenance incurred by the District.
Pump Maintenance
Estimated costs related to maintain the irrigation pumps in the District.
Electric
$	35,801  $
429,617
Represents the cost of electric service for the District's irrigation pumps, provided by JEA.

Meter # Location	Monthly	Annual	
22970659 10923 E-Town PY Apt IR01	$	40	$	480	
23679519 11145 E-Town PY Apt IR01	200	2,400	
24059037 11399 Square St Apt IR02	40	480	
22972246 10505 E-Town PY Apt IR01	40	480	
23408499 11399 Square St Apt IR03	1,800	21,600	
Contingency		560	
	Total $	2,120	$	26,000	

Reclaim Water
Reclaim water needed for irrigation and maintenance of the common grounds provided by JEA.
Meter # Location	Monthly	Annual
P4056216000 11399 Square ST Apt IR01
$	2,300  $
27,600

Irrigation Repairs
Estimated miscellaneous irrigation maintenance and repair costs.
Pest Control
The estimated costs for Turner ‘s Pest Control to provide monthly pest control services.
Vendor	Description	Monthly	Annual
Turner Pest Control	Pest Control
Environmental Permit/Monitoring
$	280  $
3,360
An Environmental Resource Permit (ERP) is required for development or construction activities to reduce increased flooding, protect the water quality of Florida's lakes and streams from stormwater pollution, and protect wetlands and other surface waters.

Other Repairs & Maintenance
Estimated costs for other repairs and maintenance incurred by the district.

Insurance
The District's Property Insurance policy is with Florida Insurance Alliance (FIA). FIA specializes in providing insurance coverage to governmental agencies. The amount budgeted represents the estimated premium for property insurance related to the Amenity Center.
Amenity Manager (Vesta)
The District contracted with Vesta Property Services to provide management services for the Amenity Center.
Pool Maintenance (Vesta)
The District has contracted with Vesta to maintain the Amenity swimming pools.
Pool Chemicals (Vesta)
The District has contracted with Vesta for purchase and delivery of pool chemicals for the maintenance of the Amenity Center swimming pools.
Facility Attendant (Vesta)
The District has contracted with Vesta to provide community facility staff for the amenity center to greet patrons, providing facility tours, issuance of access cards and policy enforcement.
Janitorial Services (Vesta)
The District utilizes the services of Vesta Property Services to provide janitorial services.
Refuse
This item includes Waste Pro Management picking up trash from the receptacles at the Amenity Center.
Vendor	Description	Monthly	Annual
Waste Pro	Refuse
Security Monitoring
Costs of the quarterly monitoring of the fire alarm system via Starlink cellular.
Security Camera
$	250  $
3,000
Estimated costs for monitoring, maintenance, and repair of the security cameras installed on District property. The District has contracted with Everon for security camera services.

Vendor	Description	Monthly	Annual	
Everon
Security Patrol	Security Camera	$	859 $	10,313	
Estimates costs for security patrols and mileage reimbursement on District property for off-duty patrols.
Facility Maintenance (Vesta)
The District utilizes the services of Vesta Property Services to provide maintenance and repairs necessary for upkeep of the Amenity Center and common grounds area.
Elevator Maintenance
Estimated costs to provide maintenance and repairs necessary for upkeep of the Amenity Center elevator.
Electric
JEA provides electric service to the District, including the Amenity Center and associated recreation facilities.
Meter # Location	Monthly	Annual
21277318 10571 E-Town PY
$	700  $
8,400
Budget Narrative Fiscal Year 2027

Water & Sewer
JEA provides water and sewer service to the District, including the Amenity Center and associated recreation facilities.

Meter # Location		Monthly	Annual	
Fire Sprinkler 1 10571 E-Town PY	$	60	$	720	
88781372 10571 E-Town PY		80	960	
88781372 10571 E-Town PY		230	2,760	
	Total $	370	$	4,440	
Irrigation Water
JEA provides irrigation service to the District, including the Amenity Center and associated recreation facilities.
Meter # Location	Monthly	Annual

Cable and Internet
88634656 10571 E-Town PY
$	3,500  $
42,000
The District has contracted with Comcast for cable and internet in the Amenity Center.
Account #
Location
Monthly	Annual
8495741213305280
Licenses and Permits
10571 E-Town Pkwy (Fitness)
$	900  $
10,800
Represents license fees for the amenity center and permit fees paid to the Florida Department of Health in Duval County for the swimming pools.
Subscriptions
Represents costs for software used to send automated text or voice messages to community residents, such as maintenance alerts, community announcements, or reminders
Repairs & Maintenance
Any costs related to miscellaneous repairs and maintenance that occur during the fiscal year.
Special Events
Represents estimated costs for the District to host special events for the community through the Fiscal Year.
Holiday Decorations
Represents estimated costs for the District to decorate the Amenity center for the holidays.
Fitness Center R&M
Estimated costs to provide maintenance and repairs necessary for upkeep of the Amenity Fitness Center.
Fitness Equipment Rentals
The District has contracted with Macrolease to rent fitness equipment
Vendor
Description
Monthly	Annual
Macrolease
Reserve for Amenities
Fitness Equipment Rental
$	591  $
7,092
The District funds a capital reserve dedicated to the renewal and replacement of amenity-related capital facilities. These funds are transferred to the Capital Reserve Fund for future use.
Mobile Application
Mobile Application Peoplevine to provide communication of information related to Amenity Facilities for residents and patrons included but not limited to hours of operations, resident programs, special events, and other services for the District.
Other Current Charges
Represents miscellaneous costs incurred by the District.

Capital Reserve Funding
The District funds a capital reserve dedicated to future renewal, replacement, and unanticipated capital needs. These funds are transferred to the Capital Reserve Fund to support long-term financial stability and the ongoing upkeep of District infrastructure and facilities.
Proposed Budget
Debt Service Series 2019 Special Assessment Bonds

REVENUES:

Special Assessments - Tax Roll	$	723,981	$	704,861	$	19,120	$	723,981	$	723,981	
Special Assessments - Prepayments	-	4,663	-	4,663	-	
Interest Earnings	5,000	12,545	5,000	17,545	10,000	
Carry Forward Surplus (1)	345,006	365,553	-	365,553	384,116	
TOTAL REVENUES	$ 1,073,988	$ 1,087,622	$	24,120	$  1,111,742	$  1,118,097	

EXPENDITURES:						
Interest - 11/1	$	241,313	$	241,313	$	-	$	241,313	$	236,236	
Principal Prepayment - 11/1	-	5,000	-	5,000	-	
Interest - 5/1	241,313	-	241,313	241,313	236,236	
Principal - 5/1	240,000	-	240,000	240,000	250,000	
TOTAL EXPENDITURES	$	722,626	$	246,313	$	481,313	$	727,626	$	722,471	

Other Sources/(Uses)						

Interfund transfer In/(Out)	
$	-	
$	-	
$	-	
$	-	
$	-	
TOTAL OTHER SOURCES/(USES)	$	-	$	-	$	-	$	-	$	-	
						
TOTAL EXPENDITURES	$	722,626	$	246,313	$	481,313	$	727,626	$	722,471	
						
EXCESS REVENUES (EXPENDITURES)	$	351,361	$	841,308	$  (457,193)	$	384,116	$	395,626	

(1) Carry Forward is Net of Reserve Requirement
Interest Due 11/1/27
 $	231,079 
AMORTIZATION SCHEDULE
Debt Service Series 2019 Special Assessment Bonds

Period	Outstanding Balance	Coupons	Principal		Interest	Annual Debt Service	
							
11/01/26	9,555,000				236,236	722,471	
05/01/27	9,555,000	4.125%	250,000		236,236		
11/01/27	9,305,000				231,079	722,159	
05/01/28	9,305,000	4.125%	260,000		231,079		
11/01/28	9,045,000				225,717	726,434	
05/01/29	9,045,000	4.125%	275,000		225,717		
11/01/29	8,770,000				220,045	725,090	
05/01/30	8,770,000	4.900%	285,000		220,045		
11/01/30	8,485,000				213,063	726,125	
05/01/31	8,485,000	4.900%	300,000		213,063		
11/01/31	8,185,000				205,713	726,425	
05/01/32	8,185,000	4.900%	315,000		205,713		
11/01/32	7,870,000				197,995	725,990	
05/01/33	7,870,000	4.900%	330,000		197,995		
11/01/33	7,540,000				189,910	724,820	
05/01/34	7,540,000	4.900%	345,000		189,910		
11/01/34	7,195,000				181,458	727,915	
05/01/35	7,195,000	4.900%	365,000		181,458		
11/01/35	6,830,000				172,515	730,030	
05/01/36	6,830,000	4.900%	385,000		172,515		
11/01/36	6,445,000				163,083	726,165	
05/01/37	6,445,000	4.900%	400,000		163,083		
11/01/37	6,045,000				153,283	726,565	
05/01/38	6,045,000	4.900%	420,000		153,283		
11/01/38	5,625,000				142,993	730,985	
05/01/39	5,625,000	4.900%	445,000		142,993		
11/01/39	5,180,000				132,090	729,180	
05/01/40	5,180,000	5.100%	465,000		132,090		
11/01/40	4,715,000				120,233	730,465	
05/01/41	4,715,000	5.100%	490,000		120,233		
11/01/41	4,225,000				107,738	730,475	
05/01/42	4,225,000	5.100%	515,000		107,738		
11/01/42	3,710,000				94,605	734,210	
05/01/43	3,710,000	5.100%	545,000		94,605		
11/01/43	3,165,000				80,708	731,415	
05/01/44	3,165,000	5.100%	570,000		80,708		
11/01/44	2,595,000				66,173	732,345	
05/01/45	2,595,000	5.100%	600,000		66,173		
11/01/45	1,995,000				50,873	736,745	
05/01/46	1,995,000	5.100%	635,000		50,873		
11/01/46	1,360,000				34,680	734,360	
05/01/47	1,360,000	5.100%	665,000		34,680		
11/01/47	695,000				17,723	730,445	
05/01/48	695,000	5.100%	695,000		17,723		
Total		$	9,555,000	$	6,475,814	$  16,030,814	
Proposed Budget
Debt Service Series 2020 Special Assessment Bonds

REVENUES:

Special Assessments	$	495,593	$	480,418	$	13,032	$	493,450	$	493,450	
Interest Earnings	10,000	9,193	6,500	15,693	10,000	
Carry Forward Surplus (1)	398,976	398,537	-	398,537	413,087	
TOTAL REVENUES	$	904,569	$	888,148	$	19,532	$	907,680	$	916,537		

EXPENDITURES:						
Interest - 11/1	$	171,259	$	171,259	$	-	$	171,259	$	168,209	
Principal - 11/1	150,000	150,000	-	150,000	155,000	
Principal Prepayment - 11/1	-	5,000	-	5,000	-	
Interest - 5/1	168,334	-	168,334	168,334	164,838	
TOTAL EXPENDITURES	$	489,593	$	326,259	$	168,334	$	494,593	$	488,046	

Other Sources/(Uses)						

Interfund transfer In/(Out)	
$	-	
$	-	
$	-	
$	-	
$	-	
TOTAL OTHER SOURCES/(USES)	$	-	$	-	$	-	$	-	$	-	
						
TOTAL EXPENDITURES	$	489,593	$	326,259	$	168,334	$	494,593	$	488,046	
						
EXCESS REVENUES (EXPENDITURES)	$	414,976	$	561,889	$  (148,802)	$	413,087	$	428,491	

(1) Carry Forward is Net of Reserve Requirement
Interest Due 11/1/27 Principal Due 11/1/27

$	164,838
155,000
 $	319,838 
AMORTIZATION SCHEDULE
Debt Service Series 2020 Special Assessment Bonds

	Period	Outstanding Balance	Coupons	Principal	Interest	Annual Debt Service	
							
	11/01/26	6,700,000	4.350%	155,000	168,209	488,046.25	
	05/01/27	6,545,000			164,838		
	11/01/27	6,545,000	4.350%	160,000	164,838	486,195.00	
	05/01/28	6,385,000			161,358		
	11/01/28	6,385,000	4.350%	170,000	161,358	489,017.50	
	05/01/29	6,215,000			157,660		
	11/01/29	6,215,000	4.350%	175,000	157,660	486,513.75	
	05/01/30	6,040,000			153,854		
	11/01/30	6,040,000	4.350%	185,000	153,854	488,683.75	
	05/01/31	5,855,000			149,830		
	11/01/31	5,855,000	5.000%	190,000	149,830	484,910.00	
	05/01/32	5,665,000			145,080		
	11/01/32	5,665,000	5.000%	200,000	145,080	485,160.00	
	05/01/33	5,465,000			140,080		
	11/01/33	5,465,000	5.000%	210,000	140,080	484,910.00	
	05/01/34	5,255,000			134,830		
	11/01/34	5,255,000	5.000%	220,000	134,830	484,160.00	
	05/01/35	5,035,000			129,330		
	11/01/35	5,035,000	5.000%	235,000	129,330	487,785.00	
	05/01/36	4,800,000			123,455		
	11/01/36	4,800,000	5.000%	245,000	123,455	485,785.00	
	05/01/37	4,555,000			117,330		
	11/01/37	4,555,000	5.000%	255,000	117,330	483,285.00	
	05/01/38	4,300,000			110,955		
	11/01/38	4,300,000	5.000%	270,000	110,955	485,160.00	
	05/01/39	4,030,000			104,205		
	11/01/39	4,030,000	5.000%	285,000	104,205	486,285.00	
	05/01/40	3,745,000			97,080		
	11/01/40	3,745,000	5.000%	290,000	97,080	476,910.00	
	05/01/41	3,455,000			89,830		
	11/01/41	3,455,000	5.200%	310,000	89,830	481,600.00	
	05/01/42	3,145,000			81,770		
	11/01/42	3,145,000	5.200%	325,000	81,770	480,090.00	
	05/01/43	2,820,000			73,320		
	11/01/43	2,820,000	5.200%	345,000	73,320	482,670.00	
	05/01/44	2,475,000			64,350		
	11/01/44	2,475,000	5.200%	360,000	64,350	479,340.00	
	05/01/45	2,115,000			54,990		
	11/01/45	2,115,000	5.200%	380,000	54,990	480,100.00	
	05/01/46	1,735,000			45,110		
	11/01/46	1,735,000	5.200%	400,000	45,110	479,820.00	
	05/01/47	1,335,000			34,710		
	11/01/47	1,335,000	5.200%	420,000	34,710	478,500.00	
	05/01/48	915,000			23,790		
	11/01/48	915,000	5.200%	445,000	23,790	481,010.00	
	05/01/49	470,000			12,220		
	11/01/49	470,000	5.200%	470,000	12,220	482,220.00	
Total			$	6,700,000  $	4,908,156	$  11,608,156	
Proposed Budget
Debt Service Series 2020A Special Assessment Bonds (Del Webb Project)

REVENUES:

Special Assessments	$	421,869	$	410,075	$	11,124	$	421,199	$	421,199	
Interest Earnings	5,000	7,244	4,500	11,744	10,000	
Carry Forward Surplus (1)	178,676	197,432	-	197,432	201,858	
TOTAL REVENUES	$	605,545	$	614,751	$	15,624	$	630,375	$	633,057		

EXPENDITURES:						
Interest - 11/1	$	124,259	$	124,259	$	-	$	124,259	$	121,429	
Principal Prepayment - 11/1	-	5,000	-	5,000	-	
Interest - 5/1	124,259	-	124,259	124,259	121,429	
Principal - 5/1	175,000	-	175,000	175,000	180,000	
TOTAL EXPENDITURES	$	423,518	$	129,259	$	299,259	$	428,518	$	422,859	

Other Sources/(Uses)						

Interfund transfer In/(Out)	
$	-	
$	-	
$	-	
$	-	
$	-	
TOTAL OTHER SOURCES/(USES)	$	-	$	-	$	-	$	-	$	-	
						
TOTAL EXPENDITURES	$	423,518	$	129,259	$	299,259	$	428,518	$	422,859	
						
EXCESS REVENUES (EXPENDITURES)	$	182,027	$	485,493	$  (283,635)	$	201,858	$	210,198	

(1) Carry Forward is Net of Reserve Requirement
Interest Due 11/1/27
 $	118,617 
AMORTIZATION SCHEDULE
Debt Service Series 2020A Special Assessment Bonds (Del Webb Project)

Period	Outstanding Balance	Coupons	Principal	Interest	Annual Debt Service	
						
11/01/26	6,635,000			121,429	422,858.75	
05/01/27	6,635,000	3.125%	180,000	121,429		
11/01/27	6,455,000			118,617	422,233.75	
05/01/28	6,455,000	3.125%	185,000	118,617		
11/01/28	6,270,000			115,726	421,452.50	
05/01/29	6,270,000	3.125%	190,000	115,726		
11/01/29	6,080,000			112,758	420,515.00	
05/01/30	6,080,000	3.125%	195,000	112,758		
11/01/30	5,885,000			109,711	424,421.25	
05/01/31	5,885,000	3.625%	205,000	109,711		
11/01/31	5,680,000			105,995	421,990.00	
05/01/32	5,680,000	3.625%	210,000	105,995		
11/01/32	5,470,000			102,189	424,377.50	
05/01/33	5,470,000	3.625%	220,000	102,189		
11/01/33	5,250,000			98,201	421,402.50	
05/01/34	5,250,000	3.625%	225,000	98,201		
11/01/34	5,025,000			94,123	423,246.25	
05/01/35	5,025,000	3.625%	235,000	94,123		
11/01/35	4,790,000			89,864	424,727.50	
05/01/36	4,790,000	3.625%	245,000	89,864		
11/01/36	4,545,000			85,423	425,846.25	
05/01/37	4,545,000	3.625%	255,000	85,423		
11/01/37	4,290,000			80,801	421,602.50	
05/01/38	4,290,000	3.625%	260,000	80,801		
11/01/38	4,030,000			76,089	422,177.50	
05/01/39	4,030,000	3.625%	270,000	76,089		
11/01/39	3,760,000			71,195	422,390.00	
05/01/40	3,760,000	3.625%	280,000	71,195		
11/01/40	3,480,000			66,120	422,240.00	
05/01/41	3,480,000	3.800%	290,000	66,120		
11/01/41	3,190,000			60,610	426,220.00	
05/01/42	3,190,000	3.800%	305,000	60,610		
11/01/42	2,885,000			54,815	424,630.00	
05/01/43	2,885,000	3.800%	315,000	54,815		
11/01/43	2,570,000			48,830	427,660.00	
05/01/44	2,570,000	3.800%	330,000	48,830		
11/01/44	2,240,000			42,560	425,120.00	
05/01/45	2,240,000	3.800%	340,000	42,560		
11/01/45	1,900,000			36,100	427,200.00	
05/01/46	1,900,000	3.800%	355,000	36,100		
11/01/46	1,545,000			29,355	423,710.00	
05/01/47	1,545,000	3.800%	365,000	29,355		
11/01/47	1,180,000			22,420	424,840.00	
05/01/48	1,180,000	3.800%	380,000	22,420		
11/01/48	800,000			15,200	425,400.00	
05/01/49	800,000	3.800%	395,000	15,200		
11/01/49	405,000			7,695	420,390.00	
05/01/50	405,000	3.800%	405,000	7,695		
Total		$	6,635,000  $	3,531,651	$  10,166,651	
Proposed Budget
Debt Service Series 2021 Special Assessment Bonds

REVENUES:

Special Assessments	$	115,340	$	112,959	$	3,064	$	116,023	$	116,023	
Interest Earnings	2,000	1,953	1,000	2,953	2,000	
Carry Forward Surplus (1)	51,742	52,111	-	52,111	59,435	
TOTAL REVENUES	$	169,083	$	167,022	$	4,064	$	171,087	$	177,458	

EXPENDITURES:						
Interest - 11/1	$	33,326	$	33,326	$	-	$	33,326	$	32,808	
Interest - 5/1	33,326	-	33,326	33,326	32,808	
Principal - 5/1	45,000	-	45,000	45,000	50,000	
TOTAL EXPENDITURES	$	111,651	$	33,326	$	78,326	$	111,651	$	115,616	

Other Sources/(Uses)						

Interfund transfer In/(Out)	
$	-	
$	-	
$	-	
$	-	
$	-	
TOTAL OTHER SOURCES/(USES)	$	-	$	-	$	-	$	-	$	-	
						
TOTAL EXPENDITURES	$	111,651	$	33,326	$	78,326	$	111,651	$	115,616	
						
EXCESS REVENUES (EXPENDITURES)	$	57,432	$	133,697	$	(74,261)	$	59,435	$	61,842	

(1) Carry Forward is Net of Reserve Requirement
Interest Due 11/1/27
 $	32,089 
AMORTIZATION SCHEDULE
Debt Service Series 2021 Special Assessment Bonds

Period	Outstanding Balance	Coupons	Principal	Interest	Annual Debt Service	
						
11/01/26	1,825,000			32,808	115,616.25	
05/01/27	1,825,000	2.875%	50,000	32,808		
11/01/27	1,775,000			32,089	114,178.75	
05/01/28	1,775,000	2.875%	50,000	32,089		
11/01/28	1,725,000			31,371	112,741.25	
05/01/29	1,725,000	2.875%	50,000	31,371		
11/01/29	1,675,000			30,652	111,303.75	
05/01/30	1,675,000	2.875%	50,000	30,652		
11/01/30	1,625,000			29,933	114,866.25	
05/01/31	1,625,000	2.875%	55,000	29,933		
11/01/31	1,570,000			29,143	113,285.00	
05/01/32	1,570,000	3.300%	55,000	29,143		
11/01/32	1,515,000			28,235	111,470.00	
05/01/33	1,515,000	3.300%	55,000	28,235		
11/01/33	1,460,000			27,328	114,655.00	
05/01/34	1,460,000	3.300%	60,000	27,328		
11/01/34	1,400,000			26,338	112,675.00	
05/01/35	1,400,000	3.300%	60,000	26,338		
11/01/35	1,340,000			25,348	115,695.00	
05/01/36	1,340,000	3.300%	65,000	25,348		
11/01/36	1,275,000			24,275	113,550.00	
05/01/37	1,275,000	3.300%	65,000	24,275		
11/01/37	1,210,000			23,203	116,405.00	
05/01/38	1,210,000	3.300%	70,000	23,203		
11/01/38	1,140,000			22,048	114,095.00	
05/01/39	1,140,000	3.300%	70,000	22,048		
11/01/39	1,070,000			20,893	111,785.00	
05/01/40	1,070,000	3.300%	70,000	20,893		
11/01/40	1,000,000			19,738	114,475.00	
05/01/41	1,000,000	3.300%	75,000	19,738		
11/01/41	925,000			18,500	112,000.00	
05/01/42	925,000	4.000%	75,000	18,500		
11/01/42	850,000			17,000	114,000.00	
05/01/43	850,000	4.000%	80,000	17,000		
11/01/43	770,000			15,400	115,800.00	
05/01/44	770,000	4.000%	85,000	15,400		
11/01/44	685,000			13,700	112,400.00	
05/01/45	685,000	4.000%	85,000	13,700		
11/01/45	600,000			12,000	114,000.00	
05/01/46	600,000	4.000%	90,000	12,000		
11/01/46	510,000			10,200	115,400.00	
05/01/47	510,000	4.000%	95,000	10,200		
11/01/47	415,000			8,300	116,600.00	
05/01/48	415,000	4.000%	100,000	8,300		
11/01/48	315,000			6,300	112,600.00	
05/01/49	315,000	4.000%	100,000	6,300		
11/01/49	215,000			4,300	113,600.00	
05/01/50	215,000	4.000%	105,000	4,300		
11/01/50	110,000			2,200	114,400.00	
05/01/51	110,000	4.000%	110,000	2,200		
Total		$	1,825,000  $	1,022,596	$	2,847,596	
Non-Ad Valorem Assessments Comparison 2025-2026

Neighborhood  O&M
Units	
Annual Maintenance Assessments				
	
FY 2027	
FY 2026	
Increase/ (decrease)		
Active Adult	519
Residential	1479	
$411.87
$882.36	
$391.89
$841.74	
$19.98
$40.62	
5.10%
4.83%	
Total	1998					

Page 15
Proposed Budget Capital Reserve Fund

Adopted	Actuals Thru	Projected Next Projected Thru Proposed Budget Budget						
Description	FY 2026	3/31/26		6 Months		9/30/26	FY 2027	

REVENUES:						
Interest Income	$	500	$	-	$	150	$	150	$	500	
Reserve for Amenities	-	-	-	-	100,000	
Capital Reserve Funding	20,000	20,000	-	20,000	20,000	
Carry Forward Balance	-	-	-	-	8,639	
TOTAL REVENUES	$	20,500	$	20,000	$	150	$	20,150	$	129,139	

EXPENDITURES:						
Capital Outlay	$	16,000	$	-	$	8,000	$	8,000	$	15,000	
Other Current Charges	-	73	438	511	840	
Repairs and Replacements	-	-	3,000	3,000	5,000	
TOTAL EXPENDITURES	$	16,000	$	73	$	11,438	$	11,511	$	20,840	

Other Sources/(Uses)						

Transfer in/(Out)	
$	-	
$	-	
$	-	
$	-	
$	-	
TOTAL OTHER SOURCES/(USES)	$	-	$	-	$	-	$	-	$	-	
						
TOTAL EXPENDITURES	$	16,000	$	73	$	11,438	$	11,511	$	20,840	
						
EXCESS REVENUES (EXPENDITURES)	$	4,500	$	19,927	$	(11,288)	$	8,639	$	108,299	

Capital Reserve Study

Description	FY 2027
Reserve Study *		
Reserves Beginning of Year	$	106,530	
Contributions	120,622	
Interest Income	6,320	
Expenditures	16,840	
Anticipated Balance	$	250,312	

Description	FY 2027
Budget		
Reserves Beginning of Year	$	8,639	
Contributions	120,000	
Interest Income	500	
Expenditures	(20,840)	
Anticipated Balance	$	108,299	

Variance Reserve Study vs. Actual	($142,013)

*Refers to the Cypress Bluff CDD Reserve Study Report dated April 24, 2025, page 2-1.

Page 16

SEVENTH ORDER OF BUSINESS

C.

OFFICE OF THE SUPERVISOR OF ELECTIONS
JERRY HOLLAND	105 EAST MONROE STREET
SUPERVISOR OF ELECTIONS	JACKSONVILLE, FLORIDA 32202
OFFICE (904) 255-8683	FAX (904) 255-3434
CELL (904) 318-6877	E-MAIL JHOLLAND@COJ.NET

04/20/2026

Courtney Hogge Cypress Bluff CDD
475 West Town Place, Suite 114 St. Augustine, FL 32092

Dear Courtney Hogge,
The information you requested on 04/16/2026 appears below:
Cypress Bluff Community Development District-3059 Registered Voters as of 4/15/2026
If you have any questions or need additional assistance, please contact Aries Torres at 904-219-9302 or atorres@coj.net.
Sincerely, Cierra Fackler
Director of Candidates and Records

D.

COMMUNITY MANAGER REPORT 4/28/26 SUBMITTED BY MARCY POLLICINO

eTown Parkway
eTown flags along eTown Parkway were fraying and coming loose. 10 flags were replaced @ $2,458. Sample photos:

RECHARGE UPDATE:

Capital Reserve Study Review Items Due by 2030:

2028-2029
Paint Recharge Building @ $13,111 Paint Recharge Stairs @ $13,111
**The Recharge stairs need to be painted every two years. 2026 cost $6,800.
**Additional 2026 stairs cost: concrete sealer to prevent rust @$1,685.
**Ongoing costs in the study include irrigation, eTown Parkway landscaping allowance and fitness equipment lease.
Rooftop Patio Stairs, Drip Edge and Louvers
Investment Painting completed painting the rooftop patio stairs, drip edge and louvers. Concrete sealant was also placed on the rooftop patio stairs. Cost: $11,504

It should be noted there was a lot of rust along the drip edge. The drip edge was scraped, primed and painted. The paint should hold it for a year or two and then a full replacement will be needed.

March Amenity Use:
Front Gym door was opened 3,076 times. Rear gym door was opened 136 times.
Main entry gate was opened 2,925 times. Main pool gate was opened 778 times.
Side pool gate was opened 86 times.
EVENTS UPDATE:

Food Truck Friday
Rob & Julie (Marconi residents) performed on the rooftop patio. Halo Halong food truck was on site. 30 +/- attended.

Donut Run 5K
Participants ran for a sweet treat in this sugar filled race! Options available included 1-mile fun run, 5K or 10K. Racers received a finishers medal, camp mug and two Dunkin Donuts. Two vendors were also onsite, including Functional Homes & Bodies (resident owned business) providing massage services and Cycle Bar, which offered free classes. The race sold out with 200 participants.

Social Media:

		

Pop Up Food Truck
The Kerala Express food truck was on site serving a taste of South India. The truck did well and plans to come back.

Bunny Palooza
A springtime celebration featuring the Easter Bunny, Garden Fairy (handed out giant Pixie Stix), Mini Me Motor Club, petting zoo, face painting, Bunny Punch (spiked for adults), rubber duck hunt (3 and under) and a very foamy egg hunt. 200 +/- attended

Social Media:

		

Music Bingo
DJ Ross hosted music bingo. Nine $10 gift card prizes were awarded. Bites by Ema food truck was on site. 29 attended.

Social Media:

Bunny, Bourbon & Barks
Residents brought their pups to the dog park for a fun filled happy hour with bourbon tasting, Easter bunny photo ops and 4 Rivers BBQ courtesy of David Weekely. 80+/- attended

Social Media:

		

Adult Comedy Night
Cancelled due to lack of registration.

APRIL EVENTS: Disney Broadway Night, Icemen Discount Tickets, Sharks Games Discount Tickets
MAY EVENTS: Adult Trivia, Game Night, Memorial Day, Sharks Games Discount Tickets, Waves Games Discount Tickets, Coppelia Ballet Discount Tickets
ACTION ITEMS UPDATE

Pool

Pool expansion joint reseal will start May 4 with the refill expected May 12.

Question from March 2026 CDD meeting: “Why not replace the expansion joints instead of only a reseal?” This came into question because replacing the expansion joints is slated in the capital reserve study for 2032-2033 @ $14,758. However, upon further investigation the expansion joints should never need a full replacement. The joint and waterstop are integral parts of the structure and they aren’t made to be replaced.
The detail below shows the components that make up the actual joint. To replace this a large section of the shell would need removal and reinstallation. According to Village Pools it’s totally unnecessary.

Replacing the waterstop and joint portion of the pool would be a 6-figure cost and probably require the pool to be shut down for 3-4 months.

Therefore, for budgeting purposes:

Reseal every 5-7 years (2026 cost $12,350.)
Resurface 10-12 years (Slated for 2032-2033 @ $261,324 per the capital reserve.)
*Resealing is a separate cost from resurfacing. However, if resurfacing the pool, it should be timed with an expansion joint reseal since the pool will be drained.
*No need to ever do a full expansion joint replacement unless we have major pool issues.

LANDSCAPE REPORT

	1.	Hand pulled large weeds in drift rose beds along the median islands.
	2.	Cutback freeze damage.
	3.	Edged Jasmine beds.
	4.	Rake playground mulch.
	5.	Spray weeds.
	6.	Trimmed Viburnum on south wall from Apex to Glenmont.
	7.	Re-treated turf weeds.
	8.	Fertilized all turf areas.
	9.	During the pump maintenance check it was discovered the backflush valves needed to be replaced. During the replacement the tech mentioned 12 filters needed to be removed, cleaned and replaced. It was cost effective to do this work at the same time to save on labor charges. Therefore, the grand total for work completed was:
$5,571.
	1.	March irrigation inspections and repairs were made.

EIGHTH ORDER OF BUSINESS

A.

Cypress Bluff
Community Development District

Unaudited Financial Reporting
March 31, 2026
Cypress Bluff
Community Development District Combined Balance Sheet
March 31, 2026

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

$	169,407	

$	-	

$	19,927	

$	189,334	
Due from Other	61	-	-	61	
Due from General Fund	-	8,551	-	8,551	
Investments:
State Board of Administration (SBA)	

616	

-	

-	

616	
Custody (US Bank)	838,481	-	-	838,481	
Series 2019 Reserve	

-	

360,508	

-	

360,508	
Principal	-	829	-	829	
Revenue	-	831,977	-	831,977	
Interest	-	182	-	182	
Prepayment	-	4,791		4,791	
Series 2020 Reserve	

-	

247,220	

-	

247,220	
Principal	-	109	-	109	
Revenue	-	563,014	-	563,014	
Interest	-	124	-	124	
Prepayment	-	4	-	4	
Series 2020A Reserve	

-	

210,612	

-	

210,612	
Principal	-	595	-	595	
Revenue	-	475,342	-	475,342	
Interest	-	94	-	94	
Prepayment	-	10,224	-	10,224	
Series 2021 Reserve	

-	

57,625	

-	

57,625	
Principal	-	163	-	163	
Revenue	-	132,943	-	132,943	
Interest	-	25	-	25	
Prepaid Expenses	196	-	-	196	
Total Assets	$	1,008,762	$ 2,904,933	$	19,927	$	3,933,622	
Liabilities:
Accounts Payable	

$	10,902	

$	-	$	-	$	10,902			
Due to Debt Service 2019	3,528	-	-	3,528			
Due to Debt Service 2020	2,405	-	-	2,405			
Due to Debt Service 2020A	2,053	-	-	2,053			
Due to Debt Service 2021	565	-	-	565			
Total Liabilites	$	19,452	$	-	$	-	$	19,452			
Fund Balance: Nonspendable: Prepaid Items	

$	196	

$	-	$	-	$	196			
Restricted for:					
Debt Service - Series	-	2,904,933	-	2,904,933	
Assigned for:
Capital Reserve Fund	
-	
-	
19,927	
19,927	
Unassigned	989,114	-	-	989,114	
Total Fund Balances	$	989,310	$ 2,904,933	$	19,927	$	3,914,169	
					
Total Liabilities & Fund Balance	$	1,008,762	$  2,904,933	$	19,927	$	3,933,622	

Revenues:

Special Assessments - Tax Roll	$	1,339,699	$	1,305,077	$	1,305,077	$	-		
Interest Income	10,200	10,200	17,108	6,908	
Other Income	20,000	10,000	5,358	(4,642)	
Total Revenues	$	1,369,899	$	1,325,277	$	1,327,543	$	2,266	

Expenditures:					
General & Administrative:					
Supervisor Fees	$	12,000	$	6,000	$	4,000	$	2,000	
FICA Expense	918	459	306	153	
Engineering	9,500	4,750	590	4,160	
Arbitrage	2,400	1,200	600	600	
Dissemination Agent	7,969	3,985	4,284	(300)	
Attorney	13,000	6,500	5,930	570	
Annual Audit	6,700	6,700	6,800	(100)	
Assessment Roll	11,798	11,798	11,798	-	
Trustee Fees	23,000	14,506	14,506	-	
Management Fees	57,974	28,987	28,987	0	
Information Technology	2,949	1,475	1,475	0	
Website Maintenance	1,475	737	738	(0)	
Telephone	500	250	90	160	
Postage	1,500	750	1,338	(588)	
Printing & Binding	2,500	1,250	643	607	
Insurance	7,460	7,460	7,029	431	
Legal Advertising	2,500	1,250	618	633	
Other Current Charges	500	250	141	109	
Office Supplies	600	300	4	296	
Dues, Licenses & Subscriptions	175	175	175	-	
Total General & Administrative	$	165,418	$	98,782	$	90,051	$	8,731	

Operations & Maintenance					

Ground Maintenance
Pond Maintenance (Water Quality)	

$	1,500	

$	750	

$	600	

$	150	
Landscape Maintenance	417,103	208,552	204,462	4,089	
Landscape Contingency	13,000	13,000	14,575	(1,575)	
Pump Maintenance	3,550	3,550	5,968	(2,418)	
Water & Sewer	32,500	32,500	-	32,500	
Electric	-	-	11,467	(11,467)	
Reclaim Water	-	-	10,246	(10,246)	
Irrigation Repairs	10,000	5,000	7,241	(2,241)	
Pest Control	2,400	1,200	1,140	60	
Environmental Permit/Monitoring	20,000	-	-	-	
Other Repairs and Maintenance	5,000	2,500	-	2,500	
Subtotal Ground Maintenance	$	505,053	$	267,052	$	255,700	$	11,352	

Amenity Center
Insurance	$	61,650	$	61,650	$	56,442	$	5,208																			
Amenity Manager (Vesta)	134,031	67,015	67,016	(0)																			
Pool Maintenance (Vesta)	10,172	5,086	5,086	0																			
Pool Chemicals (Vesta)	17,148	8,574	8,574	0																			
Facility Attendant (Vesta)	98,500	49,250	49,250	0																			
Janitorial Services (Vesta)	13,339	6,669	6,669	(0)																			
Refuse	3,000	1,500	1,191	309																			
Security and Gate Maintenance	10,000	5,000	360	4,640																			
Security Patrol	20,000	10,000	-	10,000																			
Facility Maintenance (Vesta)	21,387	10,693	10,694	(0)																			
Elevator Maintenance	5,000	2,500	3,666	(1,166)																			
Electric	25,500	12,750	3,159	9,591																			
Water & Sewer	-	-	1,552	(1,552)																			
Irrigation Water	-	-	20,619	(20,619)																			
Cable and Internet	10,200	5,100	4,725	375																			
Licenses and Permits	1,000	500	-	500																			
Subscriptions	-	-	3,242	(3,242)																			
Repairs & Maintenance	71,000	35,500	18,937	16,563																			
Special Events	35,000	17,500	17,063	437																			
Holiday Decorations	1,500	750	704	46																			
Fitness Center R&M	20,000	10,000	3,892	6,108																			
Fitness Equipment Rentals	9,000	4,500	2,124	2,376																			
Reserve for Amenities	100,000	50,000	5,502	44,498																			
Mobile Application	9,000	4,500	4,500	-																			
Other Current Charges	3,000	1,500	-	1,500																			
Subtotal Amenity Center	$	679,427	$	370,538	$	294,968	$	75,571																			

Capital Reserve

Capital Reserve Funding	

$	20,000	

$	20,000	

$	20,000	

$	-																			
Subtotal Capital Reserve	$	20,000	$	20,000	$	20,000	$	-																			
																							
Total Operations & Maintenance	$	1,204,480	$	657,590	$	570,667	$	86,923																			
																							
Total Expenditures	$	1,369,899	$	756,372	$	660,719	$	95,654																			
																							
Excess (Deficiency) of Revenues over Expenditures	$	0	$	568,904	$	666,825	$	97,920																			
																							
Net Change in Fund Balance	$	0	$	568,904	$	666,825	$	97,920																			
																							
Fund Balance - Beginning	$	-		$	322,430																				
																							
Fund Balance - Ending	$	0		$	989,254																				
	Oct	Nov	Dec	Jan	Feb		March	April	May	June	July	Aug	Sept	Total									

Revenues:																							
Special Assessments - Tax Roll	$	17,586  $	1,085,333  $	173,903  $	16,932	$	4,791	$	6,532	$	-	$	-	$	-	$	-	$	-	$	-	$	1,305,077								
Interest Income	537	105	289	6,742	6,725	2,711	-	-	-	-	-	-	17,108																			
Other Income	787	704	833	1,295	532	1,207	-	-	-	-	-	-	5,358																			
Total Revenues	$	18,910  $  1,086,142  $	175,025  $	24,968	$	12,048	$	10,450	$	-	$	-	$	-	$	-	$	-	$	-	$  1,327,543																			

Expenditures:																							
General & Administrative:																							
Supervisor Fees	$	800  $	800  $	400  $	600	$	600	$	800	$	-	$	-	$	-	$	-	$	-	$	-	$	4,000																			
FICA Expense	61	61	31	46	46	61	-	-	-	-	-	-	306																			
Engineering	-	-	-	-	590	-	-	-	-	-	-	-	590																			
Arbitrage	-	-	-	-	600	-	-	-	-	-	-	-	600																			
Dissemination Agent	964	664	664	664	664	664	-	-	-	-	-	-	4,284																			
Attorney	587	1,598	1,403	1,555	788	-	-	-	-	-	-	-	5,930																			
Annual Audit	-	-	-	-	-	6,800	-	-	-	-	-	-	6,800																			
Assessment Roll	11,798	-	-	-	-	-	-	-	-	-	-	-	11,798																			
Trustee Fees	8,800	1,306	-	-	4,400	-	-	-	-	-	-	-	14,506																			
Management Fees	4,831	4,831	4,831	4,831	4,831	4,831	-	-	-	-	-	-	28,987																			
Information Technology	246	246	246	246	246	246	-	-	-	-	-	-	1,475																			
Website Maintenance	123	123	123	123	123	123	-	-	-	-	-	-	738																			
Telephone	12	7	16	28	15	11	-	-	-	-	-	-	90																			
Postage	152	251	162	358	198	218	-	-	-	-	-	-	1,338																			
Printing & Binding	99	126	110	115	106	87	-	-	-	-	-	-	643																			
Insurance	7,029	-	-	-	-	-	-	-	-	-	-	-	7,029																			
Legal Advertising	104	100	104	104	104	104	-	-	-	-	-	-	618																			
Other Current Charges	57	69	5	-	11	-	-	-	-	-	-	-	141																			
Office Supplies	0	1	0	1	1	1	-	-	-	-	-	-	4																			
Dues, Licenses & Subscriptions	175	-	-	-	-	-	-	-	-	-	-	-	175																			
Total General & Administrative	$	35,838  $	10,183  $	8,093  $	8,669	$	13,323	$	13,946	$	-  $	-  $	-  $	-  $	-  $	-  $	90,051																			

Operations & Maintenance																							
Ground Maintenance																							
Pond Maintenance (Water Quality)	$	100  $	100  $	100  $	100	$	100	$	100	$	-	$	-	$	-	$	-	$	-	$	-	$	600	

Landscape Maintenance	34,077	34,077	34,077	34,077	34,077	34,077	-	-	-	-	-	-	204,462	
Landscape Contingency	1,350	-	12,475	750	-	-	-	-	-	-	-	-	14,575	
Pump Maintenance	-	-	-	-	-	5,968	-	-	-	-	-	-	5,968	
Water & Sewer	-	-	-	-	-	-	-	-	-	-	-	-	-	
Electric	250	1,341	1,768	1,576	3,361	3,170	-	-	-	-	-	-	11,467	
Reclaim Water	200	1,943	2,204	2,318	2,280	1,302	10,246	
Irrigation Repairs	350	-	1,010	290	860	4,731	-	-	-	-	-	-	7,241	
Pest Control	280	-	280	290	145	145	-	-	-	-	-	-	1,140	
Environmental Permit/Monitoring	-	-	-	-	-	-	-	-	-	-	-	-	-	
Other Repairs and Maintenance	-	-	-	-	-	-	-	-	-	-	-	-	-	
Subtotal Ground Maintenance	$	36,607	$	37,461	$	51,914	$	39,401	$	40,823	$	49,493	$	-  $	-  $	-  $	-  $	-  $	-  $	255,700	

Amenity Center											
Insurance	$	56,203  $	239	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	56,442	
Amenity Manager (Vesta)	11,169	11,169	11,169	11,169	11,169	11,169	-	-	-	-	-	-	67,016				
Pool Maintenance (Vesta)	848	848	848	848	848	848	-	-	-	-	-	-	5,086				
Pool Chemicals (Vesta)	1,429	1,429	1,429	1,429	1,429	1,429	-	-	-	-	-	-	8,574				
Facility Attendant (Vesta)	8,208	8,208	8,208	8,208	8,208	8,208	-	-	-	-	-	-	49,250				
Janitorial Services (Vesta)	1,112	1,112	1,112	1,112	1,112	1,112	-	-	-	-	-	-	6,669				
Refuse	184	249	184	186	194	195	-	-	-	-	-	-	1,191				
Security and Gate Maintenance	-	-	180	-	-	180	-	-	-	-	-	-	360				
Security Patrol	-	-	-	-	-	-	-	-	-	-	-	-	-				
Facility Maintenance (Vesta)	1,782	1,782	1,782	1,782	1,782	1,782	-	-	-	-	-	-	10,694				
Elevator Maintenance	-	-	-	-	3,666	-	-	-	-	-	-	-	3,666				
Electric	-	674	597	623	681	584	-	-	-	-	-	-	3,159				
Water & Sewer	-	298	325	307	316	307	-	-	-	-	-	-	1,552				
Irrigation Water	-	4,917	3,775	3,915	4,449	3,563	-	-	-	-	-	-	20,619				
Cable and Internet	769	770	770	796	811	811	-	-	-	-	-	-	4,725				
Licenses and Permits	-	-	-	-	-	-	-	-	-	-	-	-	-				
Subscriptions	572	572	573	763	190	572	-	-	-	-	-	-	3,242				
Repairs & Maintenance	3,689	3,029	2,614	741	5,144	3,720	-	-	-	-	-	-	18,937				
Special Events	2,485	2,213	1,821	2,718	3,244	4,582	-	-	-	-	-	-	17,063				
Holiday Decorations	-	-	704	-	-	-	-	-	-	-	-	-	704				
Fitness Center R&M	1,289	866	598	170	461	507	-	-	-	-	-	-	3,892				
Fitness Equipment Rentals	-	-	350	591	591	591	-	-	-	-	-	-	2,124				
Reserve for Amenities	-	-	-	5,502	-	-	-	-	-	-	-	-	5,502				
Mobile Application	750	750	750	750	750	750	-	-	-	-	-	-	4,500				
Other Current Charges	-	-	-	-	-	-	-	-	-	-	-	-	-				
Subtotal Amenity Center	$	90,489  $	39,125	$	37,788	$	41,610  $	45,046  $	40,909	$	-  $	-  $	-  $	-  $	-  $	-  $	294,968							

Capital Reserve

Capital Reserve Funding	

$	-	$	-	

$	-	

$	-	$	-	$	20,000	

$	-	$	-	$	-	$	-	$	-	$	-	$	20,000							
Subtotal Capital Reserve	$	-  $	-	$	-	$	-  $	-  $	20,000	$	-  $	-  $	-  $	-  $	-  $	-  $	20,000							
											
Total Operations & Maintenance	$	127,096  $	76,586	$	89,702	$	81,011  $	85,869  $	110,402	$	-  $	-  $	-  $	-  $	-  $	-  $	570,667							
											
Total Expenditures	$	162,935  $	86,769	$	97,795	$	89,680  $	99,193  $	124,348	$	-  $	-  $	-  $	-  $	-  $	-  $	660,719							
											
Excess (Deficiency) of Revenues over Expenditures	$  (144,025) $	999,373	$	77,231	$	(64,712) $	(87,144) $  (113,898)	$	-  $	-  $	-  $	-  $	-  $	-  $	666,825							

Revenues:					
Special Assessments - Tax Roll	$	723,981	$	704,861	$	704,861	$	-	
Special Assessments - Prepayments	-	-	4,663	4,663	
Interest Income	5,000	5,000	12,545	7,545	
Total Revenues	$	728,981	$	709,861	$	722,069	$	12,207	

Expenditures:					
Interest - 11/1	$	241,313	$	241,313	$	241,313	$	-	
Principal Prepayment - 11/1	-	-	5,000	(5,000)	
Interest - 5/1	241,313	-	-	-	
Principal - 5/1	240,000	-	-	-	
Total Expenditures	$	722,626	$	241,313	$	246,313	$	(5,000)	
					
Excess (Deficiency) of Revenues over Expenditures	$	6,355	$	468,548	$	475,755	$	7,207	

Other Financing Sources/(Uses):					
Transfer In/(Out)	$	-	$	-	$	-	$	-	
Total Other Financing Sources/(Uses)	$	-	$	-	$	-	$	-	
					
Net Change in Fund Balance	$	6,355	$	468,548	$	475,755	$	7,207	
					
Fund Balance - Beginning	$	360,334		$	726,061		
					
Fund Balance - Ending	$	366,689		$	1,201,816		

Revenues:					
Special Assessments - Tax Roll	$	495,593	$	480,418	$	480,418	$	-	
Interest Income	10,000	5,000	9,193	4,193	
Total Revenues	$	505,593	$	485,418	$	489,611	$	4,193	

Expenditures:					
Interest - 11/1	$	171,259	$	171,259	$	171,259	$	-	
Principal - 11/1	150,000	150,000	150,000	-	
Principal Prepayment - 11/1	-	-	5,000	(5,000)	
Interest - 5/1	168,334	-	-	-	
Total Expenditures	$	489,593	$	321,259	$	326,259	$	(5,000)	
					
Excess (Deficiency) of Revenues over Expenditures	$	16,000	$	164,159	$	163,352	$	(807)	

Other Financing Sources/(Uses):					
Transfer In/(Out)	$	-	$	-	$	-	$	-	
Total Other Financing Sources/(Uses)	$	-	$	-	$	-	$	-	
					
Net Change in Fund Balance	$	16,000	$	164,159	$	163,352	$	(807)	
					
Fund Balance - Beginning	$	398,976		$	649,523		
					
Fund Balance - Ending	$	414,976		$	812,875		

Revenues:					
Special Assessments - Tax Roll	$	421,869	$	410,075	$	410,075	$	-	
Interest Income	5,000	5,000	7,244	2,244	
Total Revenues	$	426,869	$	415,075	$	417,319	$	2,244	

Expenditures:					
Interest - 11/1	$	124,259	$	124,259	$	124,259	$	-	
Principal Prepayment - 11/1	-	-	5,000	(5,000)	
Interest - 5/1	124,259	-	-	-	
Principal - 5/1	175,000	-	-	-	
Total Expenditures	$	423,518	$	124,259	$	129,259	$	(5,000)	
					
Excess (Deficiency) of Revenues over Expenditures	$	3,351	$	290,817	$	288,061	$	(2,756)	

Other Financing Sources/(Uses):					
Transfer In/(Out)	$	-	$	-	$	-	$	-	
Total Other Financing Sources/(Uses)	$	-	$	-	$	-	$	-	
					
Net Change in Fund Balance	$	3,351	$	290,817	$	288,061	$	(2,756)	
					
Fund Balance - Beginning	$	197,240		$	410,859		
					
Fund Balance - Ending	$	200,591		$	698,920		

Revenues:					
Special Assessments - Tax Roll	$	115,340	$	112,959	$	112,959	$	-	
Interest Income	2,000	1,000	1,953	953	
Total Revenues	$	117,340	$	113,959	$	114,911	$	953	

Expenditures:					
Interest - 11/1	$	33,326	$	33,326	$	33,326	$	-	
Interest - 5/1	33,326	-	-	-	
Principal - 5/1	45,000	-	-	-	
Total Expenditures	$	111,651	$	33,326	$	33,326	$	-	
					
Excess (Deficiency) of Revenues over Expenditures	$	5,689	$	80,633	$	81,586	$	953	

Other Financing Sources/(Uses):					
Transfer In/(Out)	$	-	$	-	$	-	$	-	
Total Other Financing Sources/(Uses)	$	-	$	-	$	-	$	-	
					
Net Change in Fund Balance	$	5,689	$	80,633	$	81,586	$	953	
					
Fund Balance - Beginning	$	51,742		$	109,736		
					
Fund Balance - Ending	$	57,432		$	191,321		

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

Revenues					
Interest Income	$	500	$	250	$	-	$	(250)	
Capital Reserve Funding	20,000	20,000	20,000	-	
Carry Forward Balance	-	-	-	-	
Total Revenues	$	20,500	$	20,250	$	20,000	$	(250)	

Expenditures:					
Capital Outlay	$	16,000	$	8,000	$	-	$	8,000	
Other Current Charges	-	-	73	(73)	
Total Expenditures	$	16,000	$	8,000	$	73	$	7,927	
					
Excess (Deficiency) of Revenues over Expenditures	$	4,500		$	19,927		

Other Financing Sources/(Uses)					
Transfer In/(Out)	$	-	$	-	$	-	$	-	
Total Other Financing Sources (Uses)	$	-	$	-	$	-	$	-	
					
Net Change in Fund Balance	$	4,500.00		$	19,927		
					
Fund Balance - Beginning	$	-		$	-		
					
Fund Balance - Ending	$	4,500		$	19,927		
Cypress Bluff
Community Development District Long Term Debt Report

Series 2019, Special Assessment Bonds		

Interest Rate:	
3.75% - 5.1%	
Maturity Date:	5/1/2048	
Reserve Fund Definition	50% Max Annual Debt	
Reserve Fund Requirement	$	360,508	
Reserve Fund Balance	360,508	
Bonds outstanding - 9/30/2018	$	11,565,000	
Less: Principal Payment - 5/1/19	(330,000)	
Less: Principal Payment - 5/1/20	(195,000)	
Less: Principal Prepayment - 11/1/20	(15,000)	
Less: Principal Prepayment - 2/1/21	(20,000)	
Less: Principal Payment - 5/1/21	(200,000)	
Less: Principal Prepayment - 5/1/21	(15,000)	
Less: Principal Prepayment - 8/1/21	(10,000)	
Less: Principal Prepayment - 11/1/21	(15,000)	
Less: Principal Prepayment - 2/1/22	(5,000)	
Less: Principal Payment - 5/1/22	(210,000)	
Less: Principal Prepayment - 5/1/22	(35,000)	
Less: Principal Prepayment - 11/1/22	(10,000)	
Less: Principal Payment - 5/1/23	(215,000)	
Less: Principal Prepayment - 11/1/23	(15,000)	
Less: Principal Payment - 5/1/24	(225,000)	
Less: Principal Prepayment - 11/1/24	(15,000)	
Less: Principal Payment - 5/1/25	(230,000)	
Less: Principal Prepayment - 5/1/25	(5,000)	
Less: Principal Prepayment - 11/1/25	(5,000)	
Current Bonds Outstanding	$	9,795,000	

Series 2020, Special Assessment Bonds		

Interest Rate:	
3.9% - 5.2%	
Maturity Date:	11/1/2049	
Reserve Fund Definition	50% Max Annual Debt	
Reserve Fund Requirement	$	247,220	
Reserve Fund Balance	247,220	
Bonds outstanding - 4/15/2020	$	7,705,000	
Less: Principal Payment - 11/1/20	(290,000)	
Less: Principal Payment - 11/1/21	(130,000)	
Less: Principal Payment - 11/1/22	(135,000)	
Less: Principal Payment - 11/1/23	(140,000)	
Less: Principal Payment - 11/1/24	(145,000)	
Less: Principal Prepayment - 5/1/25	(10,000)	
Less: Principal Payment - 11/1/25	(150,000)	
Less: Principal Prepayment - 11/1/25	(5,000)	
Current Bonds Outstanding	$	6,700,000	

Series 2020A, Special Assessment Bonds (Del Webb Project)		

Interest Rate:	
2.7% - 3.8%	
Maturity Date:	5/1/2050	
Reserve Fund Definition	50% Max Annual Debt	
Reserve Fund Requirement	$	210,612	
Reserve Fund Balance	210,612	
Bonds outstanding - 9/11/2020	$	7,675,000	
Less: Principal Payment - 5/1/21	(150,000)	
Less: Principal Prepayment - 2/1/22	(10,000)	
Less: Principal Payment - 5/1/22	(155,000)	
Less: Principal Prepayment - 11/1/22	(15,000)	
Less: Principal Payment - 5/1/23	(160,000)	
Less: Principal Prepayment - 11/1/23	(15,000)	
Less: Principal Payment - 5/1/24	(165,000)	
Less: Principal Prepayment - 5/1/24	(10,000)	
Less: Principal Payment - 5/1/25	(165,000)	
Less: Principal Prepayment - 5/1/25	(15,000)	
Less: Principal Prepayment - 11/1/25	(5,000)	
Current Bonds Outstanding	$	6,810,000	

Series 2021, Special Assessment Bonds		

Interest Rate:	
3.719951%	
Maturity Date:	5/1/2051	
Reserve Fund Definition	50% Max Annual Debt	
Reserve Fund Requirement	$	57,625	
Reserve Fund Balance	57,625	
Bonds outstanding - 11/1/2021	$	2,045,000	
Less: Principal Payment - 5/1/22	(40,000)	
Less: Principal Payment - 5/1/23	(45,000)	
Less: Principal Payment - 5/1/24	(45,000)	
Less: Principal Payment - 5/1/25	(45,000)	
Current Bonds Outstanding	$	1,870,000	

B.

TAX ROLL
CYPRESS BLUFF COMMUNITY DEVELOPMENT DISTRICT
Fiscal Year 2026 Assessment Receipts

ASSESSED							
# UNITS ASSESSED	SERIES 2019 DEBT NET	SERIES 2020 DEBT NET	SERIES 2020A DEBT NET	SERIES 2021 DEBT NET	O&M NET	TOTAL NET ASMTS	
1,999	723,981.35	493,450.01	421,199.18	116,023.06	1,340,478.65	3,095,132.26	

	SUMMARY OF TAX ROLL COLLECTIONS							
DUVAL COUNTY DISTRIBUTION	DATE	SERIES 2019 DEBT PAID	SERIES 2020 DEBT PAID	SERIES 2020A DEBT PAID	SERIES 2021 PAID	O&M PAID	TOTAL ASMTS PAID	
1	11/6/2025	9,498.00	6,473.63	5,525.76	1,522.12	17,585.90	40,605.41	
2	11/14/2025	35,264.69	24,035.65	20,516.36	5,651.41	65,293.91	150,762.02	
3	11/20/2025	43,590.53	29,710.36	25,360.17	6,985.69	80,709.49	186,356.24	
4	11/26/2025	34,873.62	23,769.11	20,288.84	5,588.74	64,569.83	149,090.14	
5	12/4/2025	472,450.36	322,011.93	274,863.02	75,713.46	874,759.59	2,019,798.36	
6	12/10/2025	39,679.28	27,044.54	23,084.68	6,358.88	73,467.67	169,635.05	
7	12/17/2025	44,058.03	30,029.00	25,632.16	7,060.61	81,575.11	188,354.91	
8	01/13/2026	10,186.20	6,942.69	5,926.14	1,632.41	18,860.13	43,547.57	
9	01/21/2026	4,290.47	2,924.29	2,496.12	687.58	7,943.96	18,342.42	
10	02/4/2026	4,854.19	3,308.51	2,824.08	777.92	8,987.71	20,752.41	
11	02/20/2026	2,587.66	1,763.69	1,505.45	414.69	4,791.16	11,062.65	
12	03/4/2026	1,506.12	1,026.54	876.23	241.37	2,788.63	6,438.89	
13	03/18/2026	2,021.90	1,378.08	1,176.30	324.02	3,743.63	8,643.93	
		-	-	-	-	-		
		-	-	-	-	-		
		-	-	-	-	-		
		-	-	-	-	-		
		-	-	-	-	-		
		-	-	-	-	-		
		-	-	-	-	-		
		-	-	-	-	-		
TOTAL TAX ROLL RECEIPTS	704,861.05	480,418.02	410,075.31	112,958.90	1,305,076.72	3,013,390.00		

% COLLECTED TAX ROLL	97.4%	97.4%	97.4%	97.4%	97.4%	97.4%	

C.
Cypress Bluff
Community Development District

Check Run Summary
March 31, 2026

Fund	Date	Check No.	Amount	

General Fund
Payroll	

3/25/26	

50306-50309	

$	738.80	
		Subtotal	$	738.80	

Accounts Payable	

3/6/26	

1883-1893	

$	41,055.26	
	3/13/26	1894-1898	42,516.37	
	3/20/26	1899-1903	53,541.62	
	3/30/26	1904-1905	3,648.00	
		Subtotal	$	57,189.62	

Capital Reserve Fund
Accounts Payable			

$	-	
		Subtotal	$	-	
				
Total			$	57,928.42	

Total	$	58,667.22

PR300R	PAYROLL CHECK REGISTER	RUN 3/25/26 PAGE	1
CHECK	EMP #	EMPLOYEE NAME	CHECK	CHECK
#	AMOUNT	DATE
1-8-4.-70- -3/-2-5/2-02-6-
184.70	3/25/2026
-	- -  -
50308	8	KIRKS BLOMGREN	184.70	3/25/2026
-
- -503-0-9	6	- W-I-LLI-A-M J- -CELLAR	- - - - -18-4.-70- -3/-2-5/2-0-26-
TOTAL FOR REGISTER	738.80

CYBL CYPRESS BLUFF OLAUGHLIN
Attendance Sheet
District Naine:	Cypress Bluff CDD

Board Meeting Date: March 24, 2026 Meeting

The Supel'visors present at the above-l'efercnccd meeting shonlcl be compcnsntccl accordingly.

PLEASE RETURN COMPLETED FORM TO DANIEL LAUGHLIN
AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	3/31/26	PAGE	1
*** CHECK DATES 03/01/2026 - 03/31/2026 ***	CYPRESS BLUFF-GENERAL FUND
BANK A CYPRESS BLUFF CDD
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
3/06/26 00148	3/03/26 10571-5	202603 320-57200-46000	*	440.00
2026 MAINT PLAN APPROVED
ANTHONY E ORTOLANI	440.00 001883
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/06/26 00137	2/27/26 208235	202602 320-57200-46000	*	1,385.00
HANDRAIL REPAIRS
ALL WEATHER CONTRACTORS INC	1,385.00 001884
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/06/26 00081	3/01/26 160025	202603 320-57200-47200	*	100.00
MAR LAKE MAINT POND 1
CLEAR WATERS INC	100.00 001885
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/06/26 00126	5/05/25 17APR26	202603 320-57200-49400	*	900.00
4/17 DYNAMIC DUO IMPROV
ALEXANDER J GRINDELAND	900.00 001886
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/06/26 00123	3/03/26 1892	202603 320-57200-49400	*	360.00
4/24 1HR DISNEY BROADWAY
GIRLY-GIRL PARTEAS	360.00 001887
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/06/26 00010	3/02/26 28768	202603 310-51300-31600	*	6,800.00
AUDIT FYE 09/30/2025
GRAU AND ASSOCIATES	6,800.00 001888
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/06/26 00038	3/02/26 39901123 202603 320-57200-49400	*	350.00
4/1 DJ ROSS MUSIC BINGO
LIVE ENTERTAINMENT SOLUTIONS	350.00 001889
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/06/26 00102	2/16/26 10040224 202602 320-57200-46610	*	3,666.48
ELEVATOR MAINTENANCE
OTIS ELEVATOR COMPANY	3,666.48 001890
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/06/26 00188	3/03/26 520749	202603 320-57200-46000	*	2,275.00
COMMERCIAL POOL LEAK
RED RHINO OF FL INC	2,275.00 001891
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/06/26 00037	3/01/26 431033	202603 320-57200-45000	*	11,169.25
MAR AMENITY MANAGER
3/01/26 431033	202603 320-57200-45100	*	8,208.33
MAR FACILITY ATTENDANT
3/01/26 431033	202603 320-57200-46800	*	847.67
MAR POOL MAINTENANCE
3/01/26 431033	202603 320-57200-46200	*	1,111.58
MAR JANITORIAL
3/01/26 431033	202603 320-57200-46600	*	1,782.25
MAR MAINTENANCE
CYBL CYPRESS BLUFF	TLEE
AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	3/31/26	PAGE	2
*** CHECK DATES 03/01/2026 - 03/31/2026 ***	CYPRESS BLUFF-GENERAL FUND
BANK A CYPRESS BLUFF CDD
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
3/01/26 431033	202603 320-57200-46810	*	1,429.00
MAR POOL CHEMICALS
VESTA PROPERTY SERVICES INC	24,548.08 001892
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/06/26 00066	2/27/26 23198	202602 320-57200-46500	*	230.70
DISINFECTANT WIPES CASE
WIPES LLC	230.70 001893
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/13/26 00164	3/09/26 03092026 202603 320-57200-49400	*	350.00
4/24 LIVE MUSIC PERFORM
ALEXANDRA BLAKEWELL	350.00 001894
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/13/26 00005	3/01/26 111	202603 310-51300-34000	*	4,831.17
MAR MANAGEMENT FEES
3/01/26 111	202603 310-51300-52100	*	122.92
MAR WEBSITE ADMIN
3/01/26 111	202603 310-51300-35200	*	245.75
MAR INFO TECH
3/01/26 111	202603 310-51300-31300	*	664.08
MAR DISSEM AGENT SRVCS
3/01/26 111	202603 310-51300-51000	*	.69
OFFICE SUPPLIES 3/01/26 111
POSTAGE 3/01/26 111
COPIES 3/01/26 111
TELEPHONE
GOVERNMENTAL MANAGEMENT SERVICES	6,180.85 001895
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/13/26 00002	3/12/26 26-01344 202603 310-51300-48000	*	103.50
3/24 NTC OF BOS MTG
JACKSONVILLE DAILY RECORD	103.50 001896
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/13/26 00012	3/06/26 17992	202603 320-57200-46100	*	25,549.00
MAR LANDSCAPE MAINT AREA1
3/06/26 17993	202603 320-57200-46100	*	1,808.08
MAR LANDSCAPE MAINT AREA2
3/06/26 17994	202603 320-57200-46100	*	6,720.00
MAR LANDSCAPE MAINT AREA3
3/06/26 18035	202603 320-57200-46400	*	1,660.00
IRRIGATION REPAIRS
SUN STATE NURSERY	35,737.08 001897
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/13/26 00055	3/04/26 62193135 202603 320-57200-47000	*	144.94
MAR PEST CONTROL
TURNER PEST CONTROL LLC	144.94 001898
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
CYBL CYPRESS BLUFF	TLEE
AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	3/31/26	PAGE	3
*** CHECK DATES 03/01/2026 - 03/31/2026 ***	CYPRESS BLUFF-GENERAL FUND
BANK A CYPRESS BLUFF CDD

FY26 DEBT ASSESS SE 2020

FY26 DEBT ASSESS SE 2019
21,918.52

FY26 DEBT ASSESS SE 2020A
12,751.79

FY26 DEBT ASSESS SE 2021
3,512.60

JANITORIAL SUPPLIES
164.86

3RD QTR FIRE ALARM MONIT
180.00

YEARLY PUMP STATION MAINT
3,468.00

CYBL CYPRESS BLUFF	TLEE
INVOICE
Air Doctors Heating and Cooling, Inc CAC1815910
120 Cumbertand Park Dr Ste 201
Saint Augustine, FL 32095-8914

Bill to
Marcy
Cypress Bluff COD 475 West Town Place Suite 114
St. Augustine, FL 32092

Invoice details Invoice no.: 10571-5 Terms: Due on receipt
Invoice date: 03/03/2026
Due date: 03/03/2026

airdrs@aol.com
+1 (904) 230-4645
www.alrdrs.com

?

Ship to
Marcy
Cypress Bluff COD Recharge Amenity Center 10571 eTown Parkway
Jacksonville, FL 32256

Air Doctors eating &Cooling, Inc.

#	Product or service	Description	Qty	Rate	Amount

1.	15.10 Service Call	Maintenance Plan Approved for 2026.	2	$220.00	$440.00

Details for visit to be updated on 3/26/2026.

Ways to pay
Total
$440.00

DANK

All
CONlf?ACTOf?S
f
Invoice

Date:	Invoice#:	
2/27/2026	208235	

Item	Description	Amount	
	Final Billing
Etown Recharge Center
Attn:Marci Pollicino - Vesta Property Services 2 23 26
Re:handrail repairs -10571 E Town Parkway 32256

>bring in crew/materials to do the scope of work listed below per management
>lift up the covers at the bottom of a total of(9) handrails legs on (3) metal handrails at the front steps of the clubhouse bldg. by the parking lot
>remove the existing grout/caulk as needed around the (9) legs of the handails
>install wedges as needed where the grout/caulk was removed at the (9) legs of the handrails
>install new cement /grout/epoxy as needed where removed to make handrails tight where they are lose
>clean up job site and haul away debris Total Price $1,385.00	$1,385.00	

ALL WORK WAS INSPECTED AND PERFORMED IN A PROFESSIONAL MANNER.
All material is guaranteed to be as specified, and the above work was completed in a substantial workmanlike manner. This Is a full Invoice due and payable by above due date In accordance with our agreement. Late charges will be assessed thereafter due date listed above at a rate of 1.5% per month. All disputes are to be submitted In writing by mail, fax or email within 30 days from invoice date. You further agree to waive any right to jury trial In any action relating to these services or the payment thereof. In any action to collect past due amounts, customer shall pay all reasonable attorney's fees Incurred .
Clear Waters, Inc.
P.O. Box 291522
Port Orange, FL 32129
Invoice

	

	Phone#	P.O. NO.	TERMS					ACCOUNT#	
	386-767-4928		Net30					822	
ITEM		DESCRIPTION			RATE			AMOUNT	
Lake Mgmt.	Pond I					100.00		100.00	

First Coast Comedy, LLC
d.b.a. First Coast Comedy PO Box 330472
Atlantic Beach, FL 32233-9998 Phone (425) 954-5618

Bill to:
Cypress Bluff CDD 475 West Town Place Suite 114
St. Augustine, FL 32902
INVOICE#: 17APR26
Date: May 5, 2025

Terms:
First Coast Comedy 60 minute Dynamic Duo lmprov Comedy Show

Salesperson	Requisitioner	Terms	
David Bogan	Marcy Pollicino	Pay by check	

Quantity	Description	Unit Price	Total	
1	First Coast Comedy 60 minute Dynamic Duo lmprov Comedy Show
April 17, 2026 at 7pm	$900.00	$900.00	

Please make checks payable to 'First Coast Comedy, LLC'. If mailing a check, please mail to, Alex Grindeland, First Coast Comedy, PO Box 330472, Atlantic Beach, FL 32233-9998.. If you have any questions concerning this invoice, contact David Bogan at, dave@firstcoastcomedy.com or Alex Grindeland at, alex@firstcoastcomedy.com

Thank you for your business!
INVOICE
Girly-Girl Partea• Inc
245 Ashby Landing Way, St Augustine, FL 32086,
UNITED STATES
girlygirlpartea@gmail.com

Invoice No# : 1892
Invoice Date : Mar 3, 2026
Due Date: Apr 17, 2026

BILL TO
Cypress Bluff COD Marcy
recharge@etownjax.com

$360.00 USD
AMOUNT DUE

#	ITEMS & DESCRIPTION	PRICE	AMOUNT($)
1	Disney on Broadway Event Friday, April 24·5:30 - 6:30pm 3 Characters and an assistant for one hour
(Little Mermaid, Mary Poppins, & Elsa)
$360.00	$360.00

Subtotal Shipping
$360.00
$0.00

TOTAL	$360.00 USD

NOTES TO CUSTOMER
Thank you for choosing Girly-Girl Parteas for your celebration!
TERMS AND CONDITIONS
Kindly note, there is a 5% service fee for using Paypal's services. If you wish to avoid this fee, you may mail a check made payable to Girly-Girl Parteas to 245 Ashby Landing Way St Augustine FL 32086.
Alternately, you may request instructions to pay via Zelle. Please note, payment MUST be received 7 days PRIOR to your party/event date.
If applicable, mileage is calculated based on $0.75 per mile outside our 15 mile radius. We are based in St. Augustine, FL. For details please read a full copy of the agreed to terms and conditions (including our Travel Policy) at https://www.girlygirlparteas.com/terms-of-service/
Gratuity is greatly appreciated with all party packages and is automatically added in the amount of 15% to parties of $1,000 or more. You may add gratuity on your PayPal invoice or pay in cash the day of the event.
LATE BOOKING: Bookings scheduled within 7 days of the event date will be subject to a fee due to last minute preparations.
ATTENDANCE: Though some guests may not show up even if they RSVP, you will be charged for the final guest count you confirmed prior to the party. We do not provide refunds if your guests are no shows.
Grau and Associates
1001 W. Yamato Road, Suite 301 Boca Raton, FL 33431 www.graucpa.com

Phone: 561-994-9299	Fax: 561-994-5823

Cypress Bluff Community Development District (Jacksonville) 1001 Bradford Way
Kingston, TN 37763

Invoice No.	 28768 Date	03/02/2026

SERVICE	AMOUNT

Cypress Bluff Community Development District (Jack
Audit FYE09/30/2025	$

Total

Current Amount Due	$

6,800.00

6,800.00

6 800.00

0 - 30	31- 60	61 - 90	91 - 120	Over120	Balance	
6,800.00	0.00	0.00	0.00	0.00	6,800.00	
Payment due upon receipt.

Attention: Cypress Bluff Community Development District
Address: 10571 E-Town Pkwy, Jacksonville, FL 32256 Invoice Number: 39901123
11925 Alden Trace Blvd N Jacksonville FL 32246

	•	DJ Ross for Music Bingo	4/1/2026	6:30 pm	$	350.00

Final Balance Due	$	350.00

Please make all checks out to Live Entertainment Solutions and send to the address above. Thank you!

1
Service Contract
INVOI
Pono I of2
CUSTOMER NO.:	66614678	ETOWN SWIM & FITNESS	
DATE:	2/16/2026	DUE DATE: 3/18/2026	
INVOICE NO.:	100402245004		

WE CERllfY lHAT GOODS WERE PRODUCED IN COMPLIANCE WITI·I ALL APPLICA0L[ REQUIREMENTS OF SECllOl'IS 6, 7 NID 12 01' !HE FAIR LABO!! STAMDARDS ACT, AS AMENDED, Al-IP Of Rl'Glll.ATIONS AND ORPERS Of IHE UellTED STAICS DEPARTMEMT OF LABOR 1ssum IJMDER SECTIOM 14 HEREOF,
PAYMEMJS NOTRECIWW I\Y lHE D\lf DATE Of 111' ll'IYOICE SflAI.L IMCUR AN IMTcREST CHARGE OF THE OVERP\JE AMOllHf CALCULATED !'ROM frlE PAYMEMT D\JE DAit Of TH[ IMYOICE AT IH, RATE OF OME AND 01'1, HALF PERCEl·IT 11.-5%} Pf.R MOM!H (18% PER ANNUM} OR THE MAXIMUM RATE ALLOWED BY APPLICABLE LAW, WHICHEVER IS LESS. A PROCESSll·JG FEE WILL BE APPLIED TO CREDIT CARP PAYMEMTS,

DETACH DOCUMENT ALONG PERFORATION, ENCLOSE AND RETURN THIS COUPON VVlTH YOUR PAYMENT,

11760 US Hwy 1 Suite W103 Polm Beoch Gordens FL 33408

MB 01 007301 66068 H 27 C
1l1ll1•'11l1ll11111l111ll,111,,11111111,1,111,1111,111111111111l1
CYPRESS BLUFF COO 475 WEST TOWN PLACE
SAINT AUGUSTINE FL 32092
CUSTOMER NO.:
DUE DATE:
INVOICE 1\10,:
TOTAL SERVICE CONTRACT AMOUNT:
MAKE CHECK PAYABLE TO:

Otis Elevotor Compony PO Box 730400
Dollos TX 75373-0400
66614678
3/18/2026
100402245004
$3,666.48

CJ)

,1,1,1111,11,,,,1,11•1111lllll1l1llllll•l'•'lll''lllll1l•11•ll1l1

100402245□□4 □□003b6648 3

Invoice
Issued: 03/03/2026 Due: 04/02/2026
Pool Leak #520749

BILL TO
Cypress Bluff CDD c/o Vesta Property Services
475 West Town Pl Suite 114
St Augustine, FL 32092
JOB SITE
Cypress Bluff CDD c/o Vesta Property Services 10571 Etown Pkwy
Jacksonville, FL 32256
BALANCE DUE
$2,275.00

DESCRIPTION OF WORK	QUANTITY	PRICE	TAX	TOTAL	
Commercial Pool Leak Detection (11-20	1.00	$950.00	$0.00	$950.00	
gutters)
	•	Includes testing of the pool shell, plumbing					
lines and equipment
	•	60 day warranty					
Note: Bodies of water can lose up to 1/4 inch a					
day from evaporation under normal operating					
conditions.					
Disclaimer: Fees for services will apply if water					
loss is due to evaporation.					
Disclaimer: Red Rhino Leak Detection is not					
responsible for the purchase or replacing of					
gutter grates that have been Diamond Brited					
over or that have rusted screws. All gutter					
grates will have to be removed at the time of					
inspection in order to pressure test the gutter					
lines.					
Priced per additional gutter over 20	29.00	$35.00	$0.00	$1,015.00	

Price is per 10 or less floor returns	7.00	$100.00	$0.00	$100.00	
Per floor return over 10.	21.00	$10.00	$0.00	$210.00	
Subtotal:	$2,275.00				
Tax:	$0.00				
Payments:	$0.00				

TUESDAY, MARCH 3, 2026

Deck/Surface/Equipment
Deck: Pavers
Surface: Sky blue

Test - Leak Detection
Performed a complete leak detection on the structure and piping system.

Test- Complete Dye Test
Performed a complete dye test.

Leak Status - Leaking
The pool will continue to leak until repairs are completed.

Miscellaneous Leaking Item
All three expansion joints in pool have opened up and are leaking throughoutjoints. Recommend getting a hold of a pool builder to fix issues.

Repair requires pool builder
Due to the nature/extent of the damage, the problem found may require a pool builder to fully resolve the issue. We recommend contacting your pool service company for a licensed pool builder for next steps. Our leak report can be used to inform the builder of the issue.

Warranties & Disclaimers
Payment is expected at time of service. License #CPC1457457 Note:
Customer is responsible for refilling water and balancing chemicals. Please monitor water levels for 48 hours. Contact RRLD with anyquestions or concerns.

Change Order Disclaimer:
A change order will be issued if RRLD discovers any unforeseen or unexpected work not specified above. An additional quote will be issued at that time.

Deck Disclaimer:
RRLD does not offer custom staining or textures. We will make every attempt to match the deck when applying deck patches. If an exact match is desired (color and texture), customer will need to hire a professional deck company to apply the patch.

Patch Disclaimer:
Red Rhino Leak Detection (RRLD) will make every attempt to match the existing surface when applying patches. However, due to variations of the product from the manufacturer and aging of the existing surface, it is impossible to achieve an exact match when patching. Refinishing the entire surface is the only way to ensure a consistent appearance without variation. Therefore, RRLD cannot be held responsible for color and texture variations which are unavoidable when patching.

Sign Invoice
Please sign and date below for approval and return via email(redrhinocsr@redrhino.com). All scheduling is on a first come first serve basis. We will contact you regarding scheduling upon receipt of the signed document

X	Date

Printed Name
Invoice

Vesta Property Services, Inc. 245 Riverside Avenue
Suite 300
Jacksonville FL 32202
Invoice#
Date

Terms Due Date Memo
431033
03/01/2026

03/01/2026
Monthly Fees
Bill To
James Perry, CPA Cypress Bluff COD c/o GMS LLC
475 WestTown Place, Suite 114 St. Augustine FL 32092

		11,169.25
8,208.33
847.67
1,111.58
1,782.25
1,429.00	11,169.25
8,208.33
847.67
1,111.58
1,782.25
1,429.00	

Total	24,548.08
Wipes LLC
PO Box 324
Northville, Ml 48167 sales@wlpes.com www.wlpes.com

INVOICE

BILL TO	SHIP TO	SHIP DATE
Cypress Bluff CDD - Jacksonville FL Cypress Bluff CDD - Jacksonville FL SHIP VIA

02/27/2026
UPS

INVOICE DATE

23198
02/27/2026
475 West Town Place Suite 114
StAugustine,FL 32092
ReCHARGEAmenity Center 10571 eTown Parkway
Jacksonville, FL 32256
TERMS DUE DATE
Due on receipt 02/27/2026

DESCRIPTION	QTY	RATE	AMOUNT

Wipes.com Disinfectant Wipes Case
One (1) Case - Four (4) - 800 count rolls of EPA registered disinfecting wipes
2	98.96	197.92
Shipping	Freight Cost	32.78	32.78
INVOICE# MUST APPEAR ON ALL EFT & CHECK PAYMENTS.	SUBTOTAL TAX TOTAL

230.70
0.00
230.70
BALANCE DUE	$230.70

Performance Agreement

This agreement was made on 03/092026 between Alexandra Blakewell and Cypress Bluff COD for a live music performance. Both parties agree to the following terms:
Performer Name: Alexandra Blakewell (Stagelight Cabaret with Chris Robertson)

Performer Contact lnfo:8352 Asteroid Street, Jacksonville, FL 32256

Client Name/ HOA: Cypress Bluff COD

Bill To: Cypress Bluff COD

Client Contact Info: Marcy Pollicino

Event Date: 04/24/26

Start Time: 6:30PM

End Time: 7:30PM

Event Location: Recharge Amenity Center

Performance Fee ($): 350

Payment Method (cash/checkNenmo): check

Sound Equipment Provided By: Stagelight Cabaret
Governmental Management Services, LLC
475 West Town Place, Suite 114 St. Augustine, FL 32092

Bill To:
Cypress Bluff COD 475 West Town Place Suite 114
St. Augustine, FL 32092
Invoice

Invoice #: 111
Invoice Date: 3/1/26
Due Date: 3/1/26
Case:
P.O. Number:

Description	Hours/Qty	Rate	Amount

Management Fees -March 2026 Website Administration - March 2026 Information Technology - March 2026
Dissemination Agent Services - March 2026 Office Supplies
Postage Copies Telephone		4,831.17
122.92
245.75
664.08
0.69
217.70
87.15
11.39	4,831.17
122.92
245.75
664.08
0.69
217.70
87.15
11.39	

Total	$6,180.85	
Payments/Credits	$0.00	
Balance Due	$6,180.85	
Jacksonville Daily Record
A Division of
DAILY RECORD & OBSERVER, LLC
P.O. Box 2177
Jacksonville, FL 32203
(904) 356-2466
INVOICE		March 12, 2026	
Date

Attn: Courtney Hogge GMS,LLC
475 West Town Place, Ste 114
Saint Augustine	FL	32092

Serial#  26-01344D	PO/File#	$103,50

Payment Due
Notice of Meeting of the Board of Supervisors

Cypress Bluff Community Development District

$103.50

Publication Fee

Case Number			Amount Paid

Publication Dates	3/12

County	Duval
------------

Payment is due before the Proof of Publication is released.
Payment Due Upon Receipt
For your convenience, you may remit payment online at www.jaxdailyrecord.com/ send-payment.
If your payment is being mailed, please reference Serial# 26-01344D on your check or remittance advice.

Your notice was published on bothjaxdailyrecord.com andjloridapublicnotices.com.
'erms: Net 30 days from date of invoice. Past due items will accrue a finance charge of 1.5% per month thereafter.
Please remit any payment due upon receipt of this invoice.
Preliminary Proof Of Legal Notice
(This is not a proof of publication.)

Please read copy of this advertisement and advise us of any necessary corrections before fmiher publications.

NOTICE OF MEETING OF THEBOARDOF SUPERVISORS CYPRESS BLUFF
C01"1MUNITY DEVELOPMENT DISTRICT
Notice is hereby given that the c.,·ypress Bluff Community Devel-opment District ("District") will hold n regular meeting ("Meet-ing") of the Board of Supervisors ("Board") on 1\1esday, March 2•1, 2026, at 12:30 p.m. at the Pablo Creek Regional Library, 13295 Beach Boulevard, .Jacksonville, Florida 322•1-6, where the Bmml may consider any business that may properly come before it.
The Meeting is open to the public and will be conducted in accordance with the provisions of Florida law for community devel-opment districts. The Meeting may be continued to a date, time, and place to he specified on the record at such Meeting.
An electronic copy of the agenda may he obtained by contacting the oftice of the District Manager, c/o Governmental Managen1ent Ser-vices, LLC, 1-75 West Town Place, Suite IH, St. Augustine, Florida 32092, (90•1) M0-5850 ("District
Manager's Office") during nor-mal business hours, and will he available on the District's website, m1'W.Cypn:ssBluffCDD.com.
Any person requiring special acc01n1110<lations at the n1eeting because of a disability or physi-cal impainnent should contact the Dish"ict Manager's Office at least forty-eight (•18) hours prior to the meeting. If you are hearing or speech impaired, please contact the Florida Relay Service by dial-ing 7-1-1, or 1-800-955-8771(TTY)
/ 1-800-955-8770 (Voice), for aid in contacting the District Man-ager's Oftice.
Each person who decides to appeal any decision made by the Board with respect to any mat-ter considered at the Meetings is advised that person will need a record of proceedings and that accordingly, the person nmy need to ensure that a verbatim record of the proceedin!,"' is made, includ-ing the testimony and evidence upon which such appeal is to be based,
Jim Oliver District Manager
Mar. 12	oo (26-013'1,J-D)
STATE
NUASE!R:Y &
	•	LANDSCAPING. INC,

Billed To: Cypress Bluff COD 2
GMS
475 West Town Place Ste 114 St. Augustine FL 32092

For: E-Town Area 1
Invoice#: 17992 Date: 03/06/2026

For requests and inquiries please contact service@sunstatenursery.com

Description	Quantity	Price	Ext Price  Sales Tax

March Landscape Maintenance				
Phase 1 Balance	1.00	4,218.92	4,218.92	
Phase 2	1.00	14,210.08	14,210.08	
Recharge	1.00	3,320.00	3,320.00	
Apex	1.00	1,600.00	1,600.00	
Glenmont	1.00	2,200.00	2,200.00	
STATE
NUASE!AY &
	•	LANDSCAPING. INC.
Invoice#: 17993 Date: 03/06/2026

Billed To:  Cypress Bluff COD 2
GMS
475 West Town Place Ste 114 St. Augustine FL 32092
For: E-Town Area 2

For requests and inquiries please contact service@sunstatenursery.com

Description

March Landscape Maintenance
Quantity

1.00
Price	Ext Price  Sales Tax

1,808.08	1,808.08
SUN
STATE
NUASERY &
LANDSCAPING, INC,

Billed To: Cypress Bluff COD 2
GMS
475 West Town Place Ste 114 St. Augustine FL 32092

For: E-Town Area 3

Invoice#: 17994 Date: 03/06/2026

For requests and inquiries please contact service@sunstatenursery.com

Description

March Landscape Maintenance
Quantity

1.00
Price	Ext Price Sales Tax

6,720.00	6,720.00
SUN
STATE
NUASEAY &
	•	LANDSCAPING. INC.

Invoice#: 18035 Date: 03/06/2026

Billed To:  Cypress Bluff COD 2
GMS
475 West Town Place Ste 114 St. Augustine FL 32092
For: E-Town

For requests and inquiries please contact service@sunstatenursery.com

Description	Quantity	Price	Ext Price  Sales Tax

Irrigation Repairs				
Replace 6" spray heads	5.00	30.00	150.00	
Replace faulty decoder	1.00	485.00	485.00	
Repair lateral line breaks	2.00	125.00	250.00	
Replace solenoid	1.00	75.00	75.00	
Installed 2 battery nodes	2.00	350.00	700.00	

EaTurner
?Pest r:JiControl
PAYMENT ADDRESS:
Turner Pest Control LLC • P.O. Box 600323 • Jacksonville, Florida 32260-0323 904-356-6300 • Toll Free: 800-226--6305 • tumerpest.com
Turner Pest Control LLC PO Box 600323
Jacksonville, FL 32260-0323
904-355-5300

Bill ·1":	[415357]
Cypress Bluff CDD 475WTown Pl Suite 114
Saint Augustine, FL 32092
\\t11?
1.,,,·,i1i1111:  [415357]	904-710-9348
Recharge at E-Town Amenity Center 10571 E-Town Pkwy
Jacksonville, FL 32256-5841

AMOUNT DUE	$144.94

TECHNICIAN SIGNATURE

?

marcy pollicino CUSTOMER SIGNATURE

	
BahmL·C!-, oul:,;tandin£. ovi;r 30 <lJ\':,; from the date of sen-ice may be- subject to a Lltc- fee
of lhc lc.:,;scr of I .51/ per mnnth (.I?,.:-; per year! or the nuximu1;1 allnwCJ hy la\\'.
('ustomcr ?1gr.zc? tn pay accn.11:<l c.\pcnscs in the event of coll2dion.
I lli'I, h:,I,k1111\\ kd?:,' lh1· ,:11i?(.n 1-<r:. \·1•l!ljikl1,111 n!	,1·J\ i,1'', 1,11d\·11·d
dld ;1:}11_·,: !.1 [',!) Ilk ,.._·p. \ 11! -..1,._'f\ !1:1,._"-., :1-.. •,1·,._•,, l!kd :th,-	_.
l'LE.\SI<: I',\'\' FIWi\l nusINVOICE

Check Request

Date	Amount		Authorized By	

March 12, 2026	
$14,939.18		
Oksana Kuzmuk	

Payable to:			
	
The Bank ofNew York Mellon	
#13		

Date Check Needed:	

Budget Category:			
ASAP	I00l.300.20700.10010

Intended Use of Funds Requested·

FY26 Debt Assessment SE 2020	

	

(Attach suooortina documentation for reauest.)	

!!! PLEASE RETURN THE SIGNED CHECK TO OKSANA !!!

Check Request

Amount	Authorized By

March 12, 2026	$21,918.52	Oksana Kuzmuk

Payable to:

The Bank ofNew York Mellon  #13

Date Check Needed:	Budget Category: ASAP	 001.300.20700.10000

Intended Use of Funds Reauested·

FY26 Debt Assessment SE 2019	

	

(Attach suooortina documentation for request.)	

!!! PLEASE RETURN THE SIGNED CHECK TO OKSANA !!!

Check Request

Date	Amount		Authorized By	

March 12, 2026	
$12,751.79		
Oksana Kuzmuk	

Payable to:			
	
The Bank of New York Mellon	
#13		

Date Check Needed:	

Budget Category:			
ASAP	I001.300.20700.10020

Intended Use of Funds Reauested:

FY26 Debt Assessment SE 2020A	

	

(Attach suooortinq documentation for request.)	

!!! PLEASE RETURN THE SIGNED CHECK TO OKSANA !!!
DEVELOPMENT DISTRICT

General Fund

Check Request

Date	Amount		Authorized By	

March 12, 2026	
$3,512.60		
Oksana Kuzmuk	

Payable to:			
	
The Bank ofNew York Mellon	
#13		

Date Check Needed:	Budget Category:
ASAP	Ioo1.300.20700.1003o

Intended Use of Funds Requested:

FY26 Debt Assessment SE 2021	

	

(Attach suooorting documentation for request.)	

!!! PLEASE RETURN THE SIGNED CHECK TO OKSANA !!!

W.B.MASON CO., INC.
59 Centre St
Brockton, MA 02301

Address Service Requested
888-WB-MASON www.wbmason.com

CYPRESS BLUFF CFF 475 W TOWN PL STE 114
SAINT AUGUSTINE FL 32092-3649
Delivery Address
Recharge Amenity Center eTown Attn.: Marcy Polliclno
10571 eTown Parkway
Jacksonville FL 32256

Important Messages
Sign up for Paperless Invoicing at wbmason.com/paperless. Your Registration Code: 5638632242
W.B. Mason Federal ID#: 04-2455641

Looking for an easier way to see and pay bills?
Visit WWW.WBMASON.COM/ACCOUNTSTATEMENT.aspx to access your account, go paperless, review invoices and account statements, and link your checking account or credit card to make fast secure payments.

ITEM NUMBER	
DESCRIPTION	
QTY	
U/M	
UNIT PRICE	
EXT PRICE	
HEW3YN97AN HEW3YL65AN	INKCART,CMY COMBO,910,F/OJ PRO8020-945PG INKCART BLK.910XL F/OJ PRO8020-825PG	2
2	PK EA	37.39
45.04	74.78
90.08	

SUBTOTAL:	164.86	
TAX & BOTTLE DEPOSITS TOTAL:	0.00	
ORDER TOTAL:	164.86	
Total Due:	164.86	

To ensure proper credit, please detach and return below portion with your payment

W.B. MASON CO., INC.
PO BOX 981101
BOSTON, MA 02298-1101

CYPRESS BLUFF CFF 475WTOWN PL STE 114
SAINT AUGUSTINE FL 32092-3649
PLEASE REFERENCE INVOICE NUMBER WHEN MAKING PAYMENT. PAY ON OUR WEBSITE OR SEND PAYMENT TO:

W.B. MASON CO., INC. POBOX981101 BOSTON, MA 02298-1101

(29435652606015912606015910000000164865

W.B.MASON CO., INC.
59 Centre St
Brockton, MA 02301

Address Service Requested
888-WB-MASON www.wbmason.com

CYPRESS BLUFF CFF 475 WTOWN PL STE 114
SAINT AUGUSTINE FL 32092-3649
Delivery Address
Recharge Amenity Center eTown Attn.: Marcy Polliclno
10571 eTown Parkway
Jacksonville FL 32256

Important Messages
Sign up for Paperless Invoicing at wbmason.com/paperless. Your Registration Code: 5638632242
W.B. Mason Federal ID#: 04-2455641

Looking for an easier way to see and pay bills?
Visit WWW.WBMASON.COM/ACCOUNTSTATEMENT.aspx to access your account, go paperless, review invoices and account statements, and link your checking account or credit card to make fast secure payments.

ITEM NUMBER	DESCRIPTION	QTY	U/M	UNIT PRICE	EXT PRICE	
HERX8046QK	LINER REPRO 40X46 45GL 2ML BK 100/CT	3	CT	84.89	254.67	

SUBTOTAL:	254.67	
TAX & BOTTLE DEPOSITS TOTAL:	0.00	
ORDER TOTAL:	254.67	
Total Due:	254.67	

To ensure proper credit, please detach and return below portion with your payment

WB. MASON CO., INC.
PO BOX 981101
BOSTON, MA 02298-1101

CYPRESS BLUFF CFF 475 WTOWN PL STE 114
SAINT AUGUSTINE FL 32092-3649
PLEASE REFERENCE INVOICE NUMBER WHEN MAKING PAYMENT. PAY ON OUR WEBSITE OR SEND PAYMENT TO:

W.B. MASON CO., INC. PO BOX 981101
BOSTON, MA 02298-1101

(294356526□6528□426□6528□4□□□□□□□25467□
Dynamic Security Professionals, Inc.

P.O. Box 23861
Jacksonville, FL 32241
EF000l 108
Invoice

Date	Invoice#	
3/24/2026	46882	

	P.O. No.	Terms		
		Due on receipt		
Quantity	Description	Rate	Amount	

3	

Quarterly Monitoring of Fire Alarm System Via Starlink Cellular for 2nd Quarter	

60.00	

180.00	
Thank you for your business.	Subtotal	$180.00			
	Sales Tax (7.5%)	$0.00			
	Total	$180.00			
	Payments/Credits	$0.00			
	Balance Due	$180.00			

SUN
STATE
NURSERY &
	•	LANDSCAPING. INC,
Maintenance Invoice
Invoice#: 18056 Date: 03/23/2026

Billed To: Cypress Bluff COD 2
GMS
475 West Town Place Ste 114 St. Augustine FL 32092
For: E-Town Property

For requests and inquiries please contact service@sunstatenursery.com

Description

Yearly Pump Maintenance
Quantity

1.00
Price	Ext Price  Sales Tax

3,468.00	3,468.00

Mail all checks payable to Sun State Nursery & Landscaping, Inc.:
9362 Phillips Highway
Jacksonville FL 32256
(904) 260-0811

If you have any questions concerning this invoice,
please contact Sheri Horne @ accounting@sunstatenursery.com

Amount Due	3,468.00

THANK YOU FOR YOUR BUSIINESS!!