Dunes
Community Development District

July 10, 2026

Dunes
Community Development District Agenda
Friday	Dunes CDD Administrative Office
July 10, 2026	101 Jungle Hut Road
9:30 a.m.	Palm Coast, Florida
https://us02web.zoom.us/j/83869599511

Roll Call

Minutes

Approval of the Minutes of the June 12, 2026 Meeting

Audience Comments

Reports and Discussion Items

Old Business

Consideration of Setting Public Hearing to Adopt Revised Water, Sewer & Wastewater Rates

Discussion of Bridge / SunPass / Roadways
Discussion of October Golf Tournament at Hammock Beach

Discussion of Stormwater Utility
Discussion of Borrowing from the Bridge Fund for the Water / Sewer Fund
Discussion of MalaCompra Drainage Project Support

Acceptance of the Fiscal Year 2025 Audit Report

Discussion of the Fiscal Year 2027 Budget
Staff Reports

Attorney

Engineer

Engineer’s Report

Manager
Bridge Report for May

Additional Budget Items Report

Reminder of the Upcoming General Election
Supervisors’ Requests and Audience Comments
Financial Reports
Balance Sheet & Income Statement

Assessment Receipts Schedule

Approval of Check Register
Next Scheduled Meeting: August 14, 2026 @ 9:30 a.m. at the Dunes CDD Administrative Office, 101 Jungle Hut Road, Palm Coast, Florida
Adjournment

A.

MINUTES OF MEETING
DUNES COMMUNITY DEVELOPMENT DISTRICT

The regular meeting of the Board of Supervisors of the Dunes Community Development District was held Friday, June 12, 2026, at 9:30 a.m. at the Dunes Administrative Office, 101 Jungle Hut Road, Palm Coast, Florida.

Present and constituting a quorum were:

Gary Crahan	Chairman
George DeGovanni	Vice Chairman
Kevin Porter	Assistant Secretary
Bill White	Assistant Secretary
Richard DeMatteis	Treasurer

Also present were:

Greg Peugh	District Manager
Darrin Mossing	District Representative
Dave Ponitz	District Utilities Manager
James Overton	District Utilities Manager
Corey Brill	Field Supervisor
Krishna Cole	CDM Smith
Brian Porter	CDM Smith

The following is a summary of the discussions and actions taken at the June 12, 2026 meeting.

FIRST ORDER OF BUSINESS	Roll Call
Mr. Mossing called the meeting to order at 9:30 a.m.

SECOND ORDER OF BUSINESS	Minutes
Approval of the Minutes of the May 8, 2026 Meeting
Mr. Crahan provided corrections to the minutes, which will be included in the final version.

On MOTION by Mr. Crahan seconded by Mr. Porter with all in favor the May 8, 2026 meeting minutes were approved as revised.

Acceptance of the Minutes of the May 8, 2026 Audit Committee Meeting

On MOTION by Mr. White seconded by Mr. DeGovanni with all in favor the minutes of the May 8, 2026 Audit Committee meeting were accepted.

THIRD ORDER OF BUSINESS	Audience Comments
Mr. Peugh introduced James Overton as the new utilities manager.

FOURTH ORDER OF BUSINESS	Reports and Discussion Items
Rate Presentation by CDM Smith
Mr. Brian Porter, CDM Smith, went over the presentation regarding the water and sewer rate projections. The current projections are in line with the projections presented in 2024. In a previous meeting, the Board recommended increasing reclaimed rates by the Consumer Price Index adjustment factor at a minimum. The CPI increase for fiscal year 2027 would increase the reclaimed tier one rates by $0.05, the tier two rates by $0.08, and the tier three rates by $0.11 and would result in an additional $40,725 in revenue. The bill for the average customer would increase by $1.50. Increasing based on CPI would also increase the golf course rates and would result in an additional $20,729 in revenue. If the rates for both golf courses were to be aligned, Ocean Hammock’s rates would increase to align with Hammock Dunes over a three-year period. Mr. Porter reminded the Board that the projections include $1.82M being borrowed from the bridge fund for capital projects, with the loan to be repaid over a 20-year period with interest.
The Board members were in agreeance to align the golf course rates, to adjust the rates to factor in CPI, and to borrow from the bridge fund at a interest rate and term consistent with the State Revolving Fund Program.

Discussion of the Fiscal Year 2027 Budget
Mr. Peugh stated that the budget assumes a 6% employee salary increase and two new field technicians being brought on. The maintenance assessments will stay flat. The water and sewer rates will increase 9.5%. The capital improvements plan estimates $2.4 million in capital project expenditures. The Board was in agreement with these assumptions.
Mr. DeMatteis questioned why several actual expenditures were lower than the corresponding budgeted amounts. He also noted that the percentage increase in FICA taxes should

be consistent with the percentage increase in salaries for each fund. Additionally, Mr. DeMatteis questioned why the beginning fund balance did not reconcile with the prior year's ending fund balance for the Water and Sewer Fund. Mr. Peugh stated that he would review the calculations and report back with any necessary corrections or explanations.

Old Business
The Grau auditing letter of understanding is to include a clause stating that the audit will be submitted by the statutory deadline
This was done.
The next version of the preliminary budget is to include what the various percent increases in salaries equate to.
This was done.
Mr. Crahan asked if two trees south of the Discovery gate need to be examined for health.
A report from Old City Trees (included in the agenda packet) confirmed that the trees look reasonable to the arborist.
Mr. Peugh was to pursue obtaining a backup well site from the county
Mr. Peugh is in the process of making this request.

Discussion of Investments
There are a couple of CDs that are due to be reinvested, so Mike Holzem plans to attend the next meeting. The current investments are getting a return of around 4% as the CD’s available at this time.

Discussion of Bridge / Intersection / Roadways
Mr. Peugh stated that a memorandum of understanding with the Florida Turnpike Expressway is being discussed on June 29th.
Next, it was reported surveying of the roadways is underway.
Lastly, Mr. Peugh went over a report on pavement issues. In summary, for a portion of Hammock Dunes Parkway south of Jungle Hut, the base is failing and a deep milling and resurfacing has been recommended. Mr. Porter recommended reapplying for FEMA funds.

Additionally, there is deteriorated asphalt down the centerline of Hammock Dunes Parkway that KCA recommends saw-cutting and patching. The Board consensus was to wait to see if the road deteriorates further as well as inquire if the project is available for reopening with FEMA.

Discussion of Parkway Trees
This item was covered under Old Business.

Ratification of Engagement Letter with Grau & Associates for the Fiscal Year 026 Audit Report

On MOTION by Mr. DeGovanni seconded by Mr. Porter with all in favor the engagement letter with Grau & Associates for the fiscal year 2026 audit report was ratified.

Discussion of the Golf Tournament at Hammock Beach
Mr. Peugh reported that the county has decided not to close the connector road. The tournament committee asked if signage and temporary message boards could be placed on the Parkway relating to the golf tournament. Mr. Peugh informed the Board the county would need to approve any signage. They were asked to provide examples at the next County meeting.

Discussion of Stormwater Utility
Mr. Crahan previously asked that a stress test of the utility system, water, wastewater and reclaim should be considered prior to the golf tournament. No problems were identified.

FIFTH ORDER OF BUSINESS	Staff Reports Attorney
Mr. Chiumento informed the Board that Sam Greco would be in town on July 9th if anyone would like to meet him.

Engineer’s Report
A copy of the engineer’s report was included in the agenda package for the Board’s review.

Lift Station 11 Rehabilitation Bids
Mr. Ponitz reported that five (5) contractor price proposals were received with Central Florida Lift Stations being the lowest proposer at a cost of $114,400.
Next, Mr. Ponitz reported the District has received the final payment for Hurricane Nicole from FEMA in the amount of $87,000.

Manager
Bridge Report
Mr. Peugh reported the following data:
Vehicle trips were down 1.34%, and revenue was down 1.5% from April of 2025.
There are 29,888 accounts.
There are 18,830 web users.
There were $40,566 in credit card transactions.
There were 345 new bridge pass accounts added.

Miscellaneous Items
Mr. Peugh reported that there were 30 residential over capacity letters sent out; 21 were rescinded, two have paid for a total of $21,000, three have been suspended until more data is provided, and four are outstanding. Mr. Crahan recommended sending certified letters to the outstanding parties.
Next, Mr. Peugh reminded the Board to complete their Form 1 by July 1st.
Lastly, a homeowner’s retaining wall at 501 Granada Drive is reported to have been undermined. The homeowner is alleging the District spraying vegetation along the bank of the nearby lake has contributed to the erosion. The consensus from the Board was that the spraying activities did not contribute to the erosion. The Board recommended Mr. Chiumento assist in preparing a letter to the homeowner stating this.

Additional Budget Items Report
Included on the additional budget items report were fertilization of the Oak trees along Hammock Dunes Parkway for $15,250, moss removal from the Parkway for $500, storm drain cleaning for $5,310, and SBR Allen Bradley panel view replacement for $4,100.

Reminder of Upcoming General Election
Mr. Peugh noted that Mr. Porter and Mr. DeGovanni have qualified to remain in their seats.

SIXTH ORDER OF BUSINESS	Supervisors’   Requests   and   Audience
Comments
Mr. Crahan requested the European Village license rate be discussed. The consensus amongst the Board was to leave the rate at $35,000.

Follow Up-Items
Mr. Chiumento is to prepare a formal resolution documenting the borrowing from the Bridge Fund for Water & Sewer capital projects. Ongoing.
Review the Fiscal Year 2027 budget calculations, including actual vs. budgeted expenditures, FICA calculations, and reconciliation of the Water & Sewer Fund beginning and ending balances. Report any corrections or explanations to the Board. Ongoing during budget presentation.
Evaluate reapplication for FEMA funding related to Hammock Dunes Parkway pavement rehabilitation. Ongoing.
Review county-requested golf tournament signage once examples are submitted and determine whether Board approval is appropriate. Ongoing.
Mr. Crahan requested Staff send certified letters to the four remaining over-capacity property owners who have not responded. Completed.
Mr. Chiumento is to prepare a response letter to the homeowner at 501 Granada Drive regarding the retaining wall erosion claim. Completed.

SEVENTH ORDER OF BUSINESS	Financial Reports
Balance Sheet & Income Statement
Assessment Receipts Schedule
Approval of Check Register
Copies of the financial statements as of April 30, 2026 were included in the agenda package for the Board’s review along with a copy of the check register totaling $412,989.42.

On MOTION by Mr. DeGovanni seconded by Mr. Porter with all in favor the check register was approved.

EIGHTH ORDER OF BUSINESS	Next Scheduled Meeting: July 10, 2026 at 9:30
a.m. at the Dunes Administrative Office, 101 Jungle Hut Road, Palm Coast, Florida

NINTH ORDER OF BUSINESS	Adjournment

On MOTION by Mr. DeGovanni seconded by Mr. Porter with all in favor the meeting was adjourned.

Secretary/Assistant Secretary	Chairman/Vice Chairman

B.

.

101 Jungle Hut Road
Palm Coast, FL 32137
386.445.9045	Fax 386.447.9858
website: www.dunescdd.org

July 10, 2026

Flagler County Board of County Commissioners
1769 E. Moody Blvd., Bldg. 2
Bunnell, FL 32110

RE: Letter of Support
MalaCompra Road Canal Restoration and Resilience Project
To Whom it may Concern,

The Dunes CDD values our ongoing partnership with Flagler County. The County is advancing a project that is primarily focused on enhancing safety along MalaCompra Road and the restoration of the roadside canal to improve stormwater conditions within the drainage basin that includes the Hammock Dunes CDD. We understand that the project will include the construction of a widened roadway shoulder with guardrail along MalaCompra Road, improved ingress/egress condition at the intersection with SR A1A, widening of the Canal with stabilized slopes, replacement of the cross drain with a lowered box culvert at SR A1A, and in channel features to improve water quality prior to outfall into the Intracoastal Waterway. We also understand that the County will replace in kind any pedestrian facility or feature impacted by the proposed infrastructure improvements.

The Hammock Dunes CDD formally expresses its full support for the MalaCompra Road Canal Restoration and Resilience Project. This project is vital for improving public safety and these infrastructure enhancements are essential to mitigate risk and improve the functionality of the County’s transportation and drainage infrastructure.
Sincerely,

Gary Crahan
DCDD Board Chairman

Copy:Adam Mengel, Flagler County Interim Administrator John Brower, Interim Deputy County Administrator Hamid Tabassian, P.E., County Engineer
Richard Zion, P.E., P.G., Asst. County Engineer

C.

DUNES
COMMUNITY DEVELOPMENT DISTRICT FLAGLER COUNTY, FLORIDA FINANCIAL REPORT
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2025

DUNES COMMUNITY DEVELOPMENT DISTRICT FLAGLER COUNTY, 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	9	
Statement of Revenues, Expenditures and Changes in Fund Balances –
Governmental Funds	
10	
Reconciliation of the Statement of Revenues, Expenditures and Changes in		
Fund Balances of Governmental Funds to the Statement of Activities	10	
Statement of Net Position – Proprietary Funds	11	
Statement of Revenues, Expenses and Changes in Net Position –
Proprietary Funds	
12	
Statement of Cash Flows – Proprietary Funds	13-14	
Notes to the Financial Statements	15-25	
REQUIRED SUPPLEMENTARY INFORMATION		
Schedule of Revenues, Expenditures and Changes in Fund Balances –
Budget and Actual – General Fund	
26	
Notes to Required Supplementary Information	27	
OTHER INFORMATION		
Data Elements required by FL Statute 218.39 (3) (c)	28	
INDEPENDENT AUDITOR’S REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING AND COMPLIANCE AND OTHER MATTERS BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS	

29-30	
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	

31	
MANAGEMENT LETTER REQUIRED BY CHAPTER 10.550 OF THE RULES OF THE AUDITOR GENERAL OF THE STATE OF FLORIDA	
32-33	

INDEPENDENT AUDITOR’S REPORT

To the Board of Supervisors
Dunes Community Development District Flagler County, Florida

1001 Yamato Road ▪ Suite 301 Boca Raton, Florida 33431
(561) 994-9299 ▪ (800) 299-4728
Fax (561) 994-5823
www.graucpa.com

Report on the Audit of the Financial Statements
Opinions
We have audited the accompanying financial statements of the governmental activities, the business-type activities and each major fund of Dunes Community Development District, Flagler County, 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, the business-type activities, and each major fund of the District as of September 30, 2025, and the respective changes in financial position, and, where applicable, cash flows 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 June 17, 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.

June 17, 2026

MANAGEMENT’S DISCUSSION AND ANALYSIS

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

FINANCIAL HIGHLIGHTS

The assets of the District exceeded its liabilities at the close of the fiscal year resulting in a net position balance of $49,153,785.

The change in the District’s total net position in comparison with the prior fiscal year was ($286,406), 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 $18,430, a decrease of $34,408 in comparison with the prior fiscal year. A portion of the total fund balance is non-spendable for prepaid items, and the remainder is unassigned fund balance in the general fund.

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.

Both of the government-wide financial statements distinguish functions of the District that are principally supported by assessments (governmental activities) from other functions that are intended to recover all or a significant portion of their costs through user fees and charges (business-type activities). The governmental activities of the District include general (management) and maintenance functions. The business-type activities of the District include the water and sewer operations, the stormwater operations, and the toll bridge operations.

OVERVIEW OF FINANCIAL STATEMENTS (Continued)

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 states and local governments, uses fund accounting to ensure and demonstrate compliance with finance-related legal requirements. The District has two fund categories: governmental funds and proprietary 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 outflow of spendable resources, as well as on balances of spendable resources available at the end of the fiscal year. Such information may be useful in evaluating a District’s near-term financing requirements.

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

The District maintains one individual governmental fund. 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, which is considered to be a major fund.

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

Proprietary Funds
The District maintains one type of proprietary fund, an enterprise fund. The District maintains three enterprise funds. An enterprise fund is used to report the same function presented as business-type activities in the government-wide financial statements. The District uses an enterprise fund to account for the operations of the water and sewer utility services within the District. The District also uses an enterprise fund to account for the operations of the toll bridge within the District. In addition, the District uses an enterprise fund to account for the operations of the stormwater drainage system within the District. All of the funds are major funds.

Proprietary funds provide the same type of information as the government-wide financial statements, only in more detail.
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.

As noted earlier, net position may serve over time as a useful indicator of an entity’s financial position. In the case of the District, assets exceeded liabilities at the close of the most recent fiscal year.
Key components of the District’s net position are reflected in the following table:

NET POSITION SEPTEMBER 30,
Governmental Activities	Business-type Activities	Total
2025	2024	2025	2024	2025	2024	

Assets, excluding capital assets	
$	29,271	
$  100,484	
$ 15,495,442	
$ 15,736,468	
$ 15,524,713	
$ 15,836,952	
Capital assets, net of depreciation	110,641	114,521	35,747,290	35,187,985	35,857,931	35,302,506	
Total assets	139,912	215,005	51,242,732	50,924,453	51,382,644	51,139,458	
Liabilities, excluding long-term liabilities	10,841	47,646	2,218,018	1,651,621	2,228,859	1,699,267	
Total liabilities	10,841	47,646	2,218,018	1,651,621	2,228,859	1,699,267	

Net position	
Investment in capital assets	110,641	114,521	35,747,290	35,187,985	35,857,931	35,302,506	
Unrestricted	18,430	52,838	13,277,424	14,084,847	13,295,854	14,137,685	
Total net position	$  129,071	$  167,359	$ 49,024,714	$ 49,272,832	$ 49,153,785	$ 49,440,191	

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.

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 represents the extent to which the cost of operations and depreciation expense exceeded ongoing program revenues.
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,
Governmental Activities	Business-type Activities	Total
	2025	2024	2025	2024	2025	2024	
Revenues:							
Program revenues							
Charges for services	$  366,203	$  365,753	$  7,365,238	$  6,152,373	$  7,731,441	$  6,518,126	
Operating grants and contributions	-	-	7,175	1,463,987	7,175	1,463,987	
General revenues	
Unrestricted investment earnings	4,435	2,723	624,964	628,321	629,399	631,044	
Total revenues	370,638	368,476	7,997,377	8,244,681	8,368,015	8,613,157	
Expenses:	
General government	118,178	122,149	-	-	118,178	122,149	
Maintenance and operations	290,748	229,121	-	-	290,748	229,121	
Water and sew er	-	-	5,375,409	5,248,247	5,375,409	5,248,247	
Stormw ater	-	-	353,121	335,335	353,121	335,335	
Toll bridge operations	-	-	2,516,965	2,184,953	2,516,965	2,184,953	
Total expenses	408,926	351,270	8,245,495	7,768,535	8,654,421	8,119,805	
Change in net position	(38,288)	17,206	(248,118)	476,146	(286,406)	493,352	
Net position - beginning	167,359	150,153	49,272,832	48,796,686	49,440,191	48,946,839	
Net position - ending	$  129,071	$  167,359	$ 49,024,714	$ 49,272,832	$ 49,153,785	$ 49,440,191	

Governmental activities
As noted above and in the statement of activities, the cost of all governmental activities during the fiscal year ended September 30, 2025 was $408,926. The costs of the District’s activities were paid by program revenues. As in the prior fiscal year, program revenues are comprised primarily of assessments. The majority of the change in expenses results from increases in professional services and maintenance and repairs.

Business-type activities

For the fiscal year ended September 30, 2025, the cost of the business-type activities was $8,245,495. The costs of those activities were paid for by program revenues which consisted primarily of user fees and charges. The remainder of the current fiscal year revenue includes grant and interest revenues, and miscellaneous income. The majority of the change in expenses results from increases in maintenance and repairs.

GENERAL FUND BUDGETING HIGHLIGHTS

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

At September 30, 2025, the District had $191,236 invested in capital assets for its governmental activities. In the government-wide financial statements depreciation of $80,595 has been taken, which resulted in a net book value of $110,641. The District’s business-type activities reported net capital assets of $35,747,290. More detailed information about the District’s capital assets is presented in the notes of the financial statements.

ECONOMIC FACTORS AND NEXT YEAR’S BUDGETS AND OTHER EVENTS

For the subsequent fiscal year, it is anticipated that the cost of operations of the District will increase. CONTACTING THE DISTRICT’S FINANCIAL MANAGEMENT
This financial report is designed to provide landowners, customers, investors and creditors with a general overview of the District’s finances and to demonstrate the District’s accountability for the financial resources it manages and the stewardship of the facilities it maintains. If you have questions about this report or need additional financial information, contact the Dunes Community Development District’s Finance Department at 5385 N. Nob Hill Road, Sunrise, Florida, 33351.

DUNES COMMUNITY DEVELOPMENT DISTRICT FLAGLER COUNTY, FLORIDA STATEMENT OF NET POSITION
SEPTEMBER 30, 2025

	Governmental
Activities	Business-type
Activities	
Total	
ASSETS				
Cash and cash equivalents	$	18,231	$	595,030	$	613,261	
Investments	31,298	14,153,361	14,184,659	
Receivables	1,458	700,597	702,055	
Internal balances	(23,185)	23,185	-	
Prepaids	1,469	23,269	24,738	
Nondepreciable	-	1,357,948	1,357,948	
Depreciable, net	110,641	34,389,342	34,499,983	
Total assets	139,912	51,242,732	51,382,644	

LIABILITIES				
Accounts payable	10,841	1,019,577	1,030,418	
Unearned revenue	-	1,198,441	1,198,441	
Total liabilities	10,841	2,218,018	2,228,859	

NET POSITION				
Investment in capital assets	110,641	35,747,290	35,857,931	
Unrestricted	18,430	13,277,424	13,295,854	
Total net position	$	129,071	$	49,024,714	$	49,153,785	

See notes to the financial statements

DUNES COMMUNITY DEVELOPMENT DISTRICT FLAGLER COUNTY, FLORIDA STATEMENT OF ACTIVITIES
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2025

Program Revenues

Net (Expense) Revenue and Changes in Net Position

Functions/Programs	

Expenses	Charges for Services	Operating
Grants and Contributions	Governmental Activities	Business-type Activities	

Total	
Primary government: Governmental activities:
General government	

$	118,178	

$	118,178	

$	-	

$	-	

$	-	$	

-	
Maintenance and operations	290,748	248,025	-	(42,723)	-	(42,723)	
Total governmental activities	408,926	366,203	-	(42,723)	-	(42,723)	

Business-type activities: Water and sewer utilities	

5,375,409	

4,220,880	

7,175	

-	

(1,147,354)	

(1,147,354)	
Stormwater	353,121	472,376	-	-	119,255	119,255	
Toll bridge operations	2,516,965	2,671,982	-	-	155,017	155,017	
Total business-type activities	8,245,495	7,365,238	7,175	-	(873,082)	(873,082)	

General revenues:
Unrestricted investment earnings	4,435	624,964	629,399	
Total general revenues	4,435	624,964	629,399	
Change in net position	(38,288)	(248,118)	(286,406)	
Net position - beginning	167,359	49,272,832	49,440,191	
Net position - ending	 $	129,071 $	49,024,714 $	49,153,785 

See notes to the financial statements

BALANCE SHEET GOVERNMENTAL FUNDS SEPTEMBER 30, 2025		
	
  Major Fund	 General Fund	
ASSETS		
Cash	$	18,231	
Investments	31,298	
Assessments receivable	1,458	
Prepaids		1,469 	
Total assets	 $	52,456 	

LIABILITIES AND FUND BALANCES
Liabilities:
Accounts payable	10,841
Due to other funds		23,185 
Total liabilities	 	34,026  

Fund balances:
Nonspendable:
Prepaid items	1,469
Unassigned		16,961 
Total fund balance		18,430 

Total liabilities and fund balance	 $	52,456 

RECONCILIATION OF THE BALANCE SHEET - GOVERNMENTAL FUNDS TO THE STATEMENT OF NET POSITION

Total fund balances - governmental funds
Amounts reported for governmental activities in the statement of net position are different because:

$	18,430

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.		110,641 	
Net position of governmental activities	 $	129,071 	

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

REVENUES
Maintenance assessments

  Major Fund	
 General Fund 

$	366,203

Interest and other revenues			4,435  Total revenues		370,638 

EXPENDITURES
Current:
General government	118,178	
Maintenance and operations		286,868 	
Total expenditures		405,046 	
Excess (deficiency) of revenues over (under) expenditures	
(34,408)	
Fund balance - beginning		52,838 	
Fund balance - ending	 $	18,430 	

RECONCILIATION OF THE STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES OF GOVERNMENTAL FUNDS TO THE STATEMENT OF ACTIVITIES

Net change in fund balances - total governmental funds	$	(34,408)
Amounts reported for governmental activities in the statement of activities are different because:
Depreciation of capital assets is not recognized in the governmental fund financial statements, but is reported as an expense in the
statement of activities.	(3,880)

Change in net position of governmental activities	$	(38,288)

See notes to the financial statements

STATEMENT OF NET POSITION - PROPRIETARY FUNDS SEPTEMBER 30, 2025

Major Funds

Water, Sewer
		and Effluent	Stormwater		Intracoastal		
	Reuse Enterprise		Enterprise	Waterway Bridge		
		Fund		Fund	Enterprise Fund		Total	
ASSETS									
Current assets:									
Cash and cash equivalents	$	186,280	$	119,145	$	289,605	$	595,030	
Investments		2,833,557		656,581		10,663,223		14,153,361	
Receivables		700,597		-		-		700,597	
Due from other funds		-		-		31,829		31,829	
Noncurrent assets:									
Prepaids and deposits		16,813		1,329		5,127		23,269	
Capital assets:									
Capital assets not being depreciated		875,488		-		482,460		1,357,948	
Capital assets being depreciated		56,445,591		-		19,280,811		75,726,402	
Less accumulated depreciation		(31,610,152)		-		(9,726,908)		(41,337,060)	
Total capital assets, net		25,710,927		-		10,036,363		35,747,290	
Total assets		29,448,174		777,055		21,026,147		51,251,376	

LIABILITIES									
Current liabilities:									
Accounts payable		369,775		14,699		635,103		1,019,577	
Due to other funds		8,128		516		-		8,644	
Noncurrent liabilities:									
Unearned revenue		629,153		-		569,288		1,198,441	
Total liabilities		1,007,056		15,215		1,204,391		2,226,662	

NET POSITION									
Investment in capital assets		25,710,927		-		10,036,363		35,747,290	
Unrestricted		2,730,191		761,840		9,785,393		13,277,424	
Total net position	$	28,441,118	$	761,840	$	19,821,756	$	49,024,714	

See notes to the financial statements

STATEMENT OF REVENUES, EXPENSES AND CHANGES IN NET POSITION - PROPRIETARY FUNDS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2025

Major Funds
	Water, Sewer				Intracoastal		
		and Effluent
Reuse	Stormwater
Enterprise		Waterway
Bridge		
	Enterprise Fund		Fund	Enterprise Fund		Total	
OPERATING REVENUES
Charges for sales and services: Water	

$	

1,189,934	

$	

-	

$	

-	

$	

1,189,934	
Irrigation and effluent		1,840,057		-		-		1,840,057	
Sewer		1,068,000		-		-		1,068,000	
Connection fees		46,760		-		-		46,760	
Meter fees		48,377		-		-		48,377	
Stormwater fees		-		469,563		-		469,563	
Tolls		-		-		2,640,634		2,640,634	
Grant revenue		7,175		-		-		7,175	
Other		27,752		2,813		31,348		61,913	
Total operating revenues		4,228,055		472,376		2,671,982		7,372,413	

OPERATING EXPENSES
Personnel services		

1,495,346		

145,757		

970,200		

2,611,303	
Materials, supplies and services		2,386,831		207,364		917,035		3,511,230	
Depreciation and amortization		1,493,232		-		629,730		2,122,962	
Total operating expense		5,375,409		353,121		2,516,965		8,245,495	

Operating income (loss)		
(1,147,354)		
119,255		
155,017		
(873,082)	

NON OPERATING REVENUE (EXPENSES)
Interest income		

101,901		

22,436		

500,627		

624,964	
Total non operating revenue (expenses)		101,901		22,436		500,627		624,964	

Change in net position		
(1,045,453)		
141,691		
655,644		
(248,118)	
Total net position - beginning		29,486,571		620,149		19,166,112		49,272,832	

Total net position - ending	
$	
28,441,118	
$	
761,840	
$	
19,821,756	
$	
49,024,714	

See notes to the financial statements

	Water, Sewer				Intracoastal		
		and Effluent
Reuse	Stormwater
enterprise		Waterway
Bridge		
	Enterprise Fund		Fund	Enterprise Fund		Total	
CASH FLOWS FROM OPERATING ACTIVITIES
Receipts from customers, users and other funds	
$	
4,923,452	
$	
510,910	
$	
2,648,887	
$	
8,083,249	
Other operating cash receipts		27,752		-		31,348		59,100	
Payments to suppliers and other funds		(2,240,791)		(315,325)		(251,595)		(2,807,711)	
Payments to employees		(1,474,314)		-		(961,965)		(2,436,279)	
Net cash provided (used) by
operating activities		
1,236,099		
195,585		
1,466,675		
2,898,359	

CASH FLOWS FROM CAPITAL AND RELATED FINANCING ACTIVITIES:
Purchases of capital assets		

(773,542)		

-		

(1,908,725)		

(2,682,267)	
Cash flows from capital and related financing activities		(773,542)		-		(1,908,725)		(2,682,267)	

CASH FLOWS FROM INVESTING ACTIVITIES
Interest earnings		

101,901		

22,436		

500,627		

624,964	
Net purchase of investments		(609,909)		(336,609)		(844,229)		(1,790,747)	
Net cash provided (used) by investing activities		(508,008)		(314,173)		(343,602)		(1,165,783)	

Net increase (decrease) in cash and cash equivalents		
(45,451)		
(118,588)		
(785,652)		
(949,691)	
Cash and cash equivalents - October 1		231,731		237,733		1,075,257		1,544,721	

Cash and cash equivalents - September 30	
$	
186,280	
$	
119,145	
$	
289,605	
$	
595,030	

(Continued)							

(Continued)

Reconciliation of operating income (loss) to net cash
provided (used) by operating activities		
Operating Income (loss)	$	(1,147,354)	$	119,255	$	155,017	$	(873,082)	
Adjustments to reconcile operating income (loss)					
to net cash provided (used) by Operating Activities:					
Depreciation and amortization	1,493,232	-	629,730	2,122,962	
(Increase)/Decrease in receivables	747,569	-	-	747,569	
(Increase)/Decrease in interfund receivable	-	38,534	15,611	54,145	
(Increase)/Decrease in prepaids	174,133	30,279	153,286	357,698	
Increase/(Decrease) in accounts payable	26,011	7,001	520,389	553,401	
Increase/(Decrease) in interfund payable	(33,072)	516	-	(32,556)	
Increase/(Decrease) in unearned revenue	(24,420)	-	(7,358)	(31,778)	
Total Adjustments	2,383,453	76,330	1,311,658	3,771,441	
Net cash provided (used) by operating activities	 $	1,236,099	$	195,585	$	1,466,675	$	2,898,359 

See notes to the financial statements

DUNES COMMUNITY DEVELOPMENT DISTRICT FLAGLER COUNTY, FLORIDA
NOTES TO FINANCIAL STATEMENTS

NOTE 1 – NATURE OF ORGANIZATION AND REPORTING ENTITY

Dunes Community Development District (“District”) was created on October 22, 1985, under the "Uniform Community Development District Act of 1980", otherwise known as Chapter 190, Florida Statutes. Chapter 190 provides that a Community Development District with a size of 1,000 acres or more may be established by rule adopted under Chapter 120 by the Florida Land and Water Adjudicatory Commission. The District was established by adopting Rule 42E-1. Chapter 190 provides among other things the power to manage basic services for community development and to levy and assess non-ad valorem assessments for the financing and maintenance of improvements.
The District is governed by the Board of Supervisors ("Board"), which is composed of five members. The Supervisors are elected by registered voters within the District. The Board of Supervisors of the District exercise all powers granted to the District pursuant to Chapter 190, Florida Statutes.

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

NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Government-Wide and Fund Financial Statements
The basic financial statements include both government-wide and fund financial statements.
The government-wide financial statements (i.e., the statement of net position and the statement of activities) report information on all of the non-fiduciary activities of the primary government. For the most part, the effect of interfund activity has been removed from these statements.
The statement of activities demonstrates the degree to which the direct expenses of a given function or segment are 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 benefitted property within the District. Operating and Maintenance Assessments are based upon 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 (Chapter 197.3632, Florida Statutes). Direct collected assessments are due as determined by annual assessment resolution adopted by the Board of Supervisors. Assessments collected under the uniform method are mailed by 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 government 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.

The District reports the following major proprietary funds:

Water and Sewer and Effluent Reuse Fund
This enterprise fund is used to account for the operations of the water and sewer utility services within the District. The costs of providing services to the residents are recovered primarily through user charges.
Intracoastal Waterway Bridge Enterprise Fund
This enterprise fund is used to account for the operations of a toll bridge. The costs of providing services are recovered primarily through user charges.

Stormwater Enterprise Fund
This enterprise fund is used to account for the operations of the stormwater drainage system, including the system of storm and surface water management facilities, inlets, conduits, pipes, manholes, channels, ditches, drainage easements, retention and detention basins, infiltration facilities, and natural waterways. The costs of providing services are recovered primarily through user charges.

Proprietary funds distinguish operating revenues and expenses from nonoperating items. Operating revenues and expenses generally result from providing services and producing and delivering goods in connection with a proprietary fund’s principal ongoing operations. The principal operating revenues of the District’s enterprise fund are charges to customers for sales and services. Operating expenses of the enterprise fund include the cost of sales and services, administrative expenses, and depreciation on capital assets. All revenues and expenses not meeting this definition are reported as non-operating revenues and expenses.

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 contractual restrictions.

Deposits and Investments
The District’s cash and cash equivalents are considered to be cash on hand and demand deposits (interest and non-interest bearing).
The District has elected to proceed under the Alternative Investment Guidelines as set forth in Section
218.415 (17) Florida Statutes. The District may invest any surplus public funds in the following:

The Local Government Surplus Trust Funds, or any intergovernmental investment pool authorized pursuant to the Florida Interlocal Cooperation Act;
Securities and Exchange Commission registered money market funds with the highest credit quality rating from a nationally recognized rating agency;
Interest bearing time deposits or savings accounts in qualified public depositories;
Direct obligations of the U.S. Treasury.
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.

Inventories and Prepaid Items
Inventories of governmental funds are recorded as expenditures when consumed rather than when purchased.

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 include property, plant and equipment, and infrastructure assets (e.g., roads, sidewalks and similar items). Assets used for general government activities are reported in the governmental 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.

Property, plant and equipment of the District are depreciated using the straight-line method over the following estimated useful lives:
Assets	Years	
Infrastructure	25 – 50	
Roadways	26	
Machinery and equipment	5	

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

Capital Contributions
Capital Contributions consists of infrastructure improvements conveyed by the Developer or other entities to the District and cash contributions made by the Developer for infrastructure improvements.

Unearned Revenue
Unearned revenue in the Water and Sewer and Effluent Reuse Enterprise Fund consists of connection fees advanced by one of the Developers. Revenue is considered unearned until the specific unit is connected to the water and sewer system. Unearned revenue in the Intracoastal Waterway Bridge Enterprise Fund consists of amounts collected for toll passes which have not been used up by the customers.

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 ratably 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 Bond 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.

Deferred Outflows/Inflows of Resources (Continued)
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 nonspendable 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 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 is 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.

Waxahachie, TX CD
Stearns Bank NA CD	
250,705	
7/29/2026	
N/A	
Independent Bank CD	250,923	8/28/2026	N/A	
Bank3 Memphis, TN CD	250,833	9/10/2026	N/A	
Bank of Utah CD	250,835	9/11/2026	N/A	

The District follows these procedures in establishing the budgetary data reflected in the financial statements.

Each year the District Manager submits to the District Board a proposed operating budget for the fiscal year commencing the following October 1.
Public hearings are conducted to obtain public comments.
Prior to October 1, the budget is legally adopted by the District Board.
All budget changes must be approved by the District Board.
The budgets are adopted on a basis consistent with generally accepted accounting principles.
Unused appropriation for annually budgeted funds lapse at the end of the year.
NOTE 4 – DEPOSITS AND INVESTMENTS

Deposits
The District’s cash balances and certificates of deposit shown below 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:

Investment	Amortized Cost	Maturities	Credit Risk	
Raymond James Bank - Enhanced	$	7,722,858	N/A	N/A	
Savings				
Federated Hermes Treasury				
Obligations Fund Institutional Class	713,404	N/A	N/A	
IS M/M				
BCB Community Bank CD	250,503	6/2/2026	N/A	
Citizens National Bank of Texas	
250,513	
6/5/2026	
N/A	

Queensborough NB&TC Louisville, GA CD
Discover Bank CD	250,720

243,634	9/11/2026

11/16/2026	N/A

N/A	
Subtotal	$	10,434,928			

Investment	Amortized Cost	Maturities	Credit Risk	
Balance forw ard	$	10,434,928			
First Bank of The Lake CD	251,000	11/30/2026	N/A	
First Bus Bank Madison, WI CD	250,978	12/7/2026	N/A	
Merrick Bank South Jordan, UT CD	251,630	5/28/2027	N/A	
First Foundation Bank Irvine, CA CD	256,658	11/10/2027	N/A	
Goldman Sachs Bank USA CD	251,665	11/19/2027	N/A	
Ally Bank Midvale, UT CD	252,200	11/29/2027	N/A	
Synchrony Bank Draper, UT CD	259,253	11/10/2028	N/A	
Wells Fargo Bank NA CD	260,218	11/14/2028	N/A	
UBS Bank USA CD
Texas Exch Bank SSB Crow ley, TX	252,855

252,860	11/20/2028

12/6/2028	N/A

N/A	

CD
Investment in Local Government Surplus Funds Trust Fund (Florida	

1,210,414	

S&P AAAm	
PRIME)			
Total Investments	$	14,184,659		

Weighted average maturity: 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.
Fair Value Measurement – When applicable, the District measures and records its investments using fair value measurement guidelines established in accordance with GASB Statements. The framework for measuring fair value provides a fair value hierarchy that prioritizes the inputs to valuation techniques.

These guidelines recognize a three-tiered fair value hierarchy, in order of highest priority, as follows:
Level 1: Investments whose values are based on unadjusted quoted prices for identical investments in active markets that the District has the ability to access;
Level 2: Investments whose inputs - other than quoted market prices - are observable either directly or indirectly; and,
Level 3: Investments whose inputs are unobservable.

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

Money market investments that have a maturity at the time of purchase of one year or less and are held by governments other than external investment pools should be measured at amortized cost. 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 money 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 – RECEIVABLES

Receivables at September 30, 2025 were as follows:

Receivables:

Water, Sew er and Effluent Reuse Enterprise Fund

Intracoastal Waterw ay Bridge Enterprise Fund

Stormw ater Enterprise Fund

General Fund	Totals

Accounts	$	613,518	$	-	$	-	$	-	$	613,518	
FEMA receivable	87,079	-	-	-	87,079	
Assessments	-	-	-	1,458	1,458	
	$	700,597	$	-	$	-	$	1,458	$	702,055	

Governmental Activities
Capital assets being depreciated:

Beginning Balance

Additions	Deletions

Ending Balance

Infrastructure	$	155,203	$	-	$	-	$	155,203	
Machinery and equipment	36,033	-	-	36,033	
Total capital assets, being depreciated	191,236	-	-	191,236	

Less accumulated depreciation for: Infrastructure	

40,682	

3,880	

-	

44,562	
Machinery and equipment	36,033	-	-	36,033	
Total accumulated depreciation	76,715	3,880	-	80,595	

Total capital assets, being depreciated, net	
114,521	
(3,880)	
-	110,641	

Governmental activities capital assets, net	
$	114,521	
$	(3,880)	
$	-	$	110,641	

Business-type Activities
Capital assets not being depreciated:

Beginning Balance

Additions	Reductions

Ending Balance

Land	$	960,488	$	-	$	-	$	960,488	
Construction in progress	397,460	-	-	397,460	
Total capital assets, not being depreciated	1,357,948	-	-	1,357,948	

Capital assets being depreciated: Infrastructure	

62,808,909	

-	

-	

62,808,909	
Roadw ays	2,920,083	1,805,942	-	4,726,025	
Machinery and equipment	7,315,143	876,325	-	8,191,468	
Total capital assets, being depreciated	73,044,135	2,682,267	-	75,726,402	

Less accumulated depreciation for: Infrastructure	

34,358,141	

1,489,548	

-	

35,847,689	
Roadw ays	973,928	327,048	-	1,300,976	
Machinery and equipment	3,882,029	306,366	-	4,188,395	
Total accumulated depreciation	39,214,098	2,122,962	-	41,337,060	

Total capital assets, being depreciated, net	
33,830,037	
559,305	
-	
34,389,342	

Business-type activities capital assets, net	
$ 35,187,985	
$	559,305	
$	-	
$ 35,747,290	

Depreciation expense was charged to function/programs of the primary government as follows:
Governmental Activities:
General government	$	3,880

Total depreciation expense	 $	3,880 

Business-type Activities Water and sew er utilities

$ 1,493,232

Toll bridge operations	629,730

Total depreciation expense	 $ 2,122,962 

Stormwater System
In accordance with the GASB 34 standards previously adopted by the District, the District has not recorded the cost of the stormwater system and other infrastructure improvements constructed prior to the adoption of GASB 34. The Storm Water Management System consists of approximately 179 acres of created lakes and system components. The lakes and marshes are connected to each other by drainage pipes and various drainage channels.

NOTE 7 – WATER, SEWER, AND EFFLUENT REUSE TRANSACTIONS
In accordance with the Utility Connection Collection and Reimbursement Agreement amounts advanced as connection fees in previous years are reduced by the portion of the connection fees collected from outside customers during the fiscal year. On June 18, 2013, the Developer, HD Associates, LP, transferred its rights under the Utility Connection Collection & Reimbursement Agreement to the Hammock Dunes Owners Association, Inc. (HDOA). The transfer provided that all potential payments made after April 1, 2013 under the Agreements were to be made to the HDOA. During the fiscal year ended September 30, 2025, HDOA received refunds of $21,000.

NOTE 8 – INTER-LOCAL AGREEMENTS
The District has entered into an Inter-local Agreement with the City of Palm Coast (“City”), Florida pertaining to the provision of utility services whereby the City shall supply, and the District shall accept at the point of delivery up to a maximum daily volume of 2.6 million gallons per day of reclaimed water subject to the terms and conditions outlined in the agreement. The City and the District shall obtain, maintain, and amend, at their own expense, all permits, consents, and approvals as required by law for performance of their respective obligations outlined in the Inter-local Agreement.

Whenever either the District or the City is confronted by an emergency water condition and desires to purchase available potable water from the other, the requesting party shall notify the selling party, in writing or by phone, and request that up to 0.5 million gallons per day of available potable water be transferred to the requesting party for a continuous period not to exceed 60 days. The selling party shall respond as soon as possible in an emergency condition or within twenty-four hours. The duration of the transfer may be extended by mutual agreement of the parties.

NOTE 9 – INTERFUND RECEIVABLES AND PAYABLES

Interfund receivables and payables at September 30, 2025 were as follows:

Fund	Receivable	Payable	
General	$	-	23,185	
Bridge	31,829	-	
Stormw ater	-	516	
Water and sew er	-	8,128	
Total	$	31,829	$	31,829	
The outstanding balances between funds result primarily from the time lag between the dates that transactions are recorded in the accounting system and payments between funds are made. In the case of the District, the balances between the bridge fund and the other funds relate to payroll and insurance expenses paid from the Bridge fund.

The District maintains a Money Purchase 401(a) plan for employees who meet a certain pay requirement. The District’s required contribution is 6% of the total salaries of qualified participants. Total salaries of qualified participants for the fiscal year ended September 30, 2025 were $1,222,944. Employer contributions for the period were $111,908.

The District maintains a 457(b) plan for employees who meet a certain pay requirement. The District’s required contribution is based on a matching requirement of employees’ maximum contributions of 2% of the total salaries of qualified participants. Total salaries of qualified participants for the fiscal year ended September 30, 2025 were $895,128. Employer contributions for the period were approximately $53,270 and employee contributions for the period were approximately $ 74,375.

NOTE 11 – MANAGEMENT COMPANY
The District has contracted with a management company to perform management advisory services, which include financial and accounting advisory services. Certain employees of the management company also serve as officers of the District. Under the agreement, the District compensates the management company for management, accounting, financial reporting, computer and other administrative costs.

NOTE 12 – 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 during the past three years.

NOTE 13 – LITIGATION

The District is involved with a litigation matter with Fence Service, Inc. whereby Fence Service, Inc. claimed that the District is in Breach of Contract for failure to pay for services due to a third-party fraudster who intervened in the receipt of the payment. On May 13, 2025, the District and Fence Service, Inc. agreed to settle whereby the District paid Fence Service, Inc. $13,975. The case was dismissed shortly after the payment.

In October 2022, a bicyclist was riding across the Hammock Dune Bridge and allegedly struck a disk of concrete with the tire of his bicycle, allegedly causing him to fall off his bicycle and sustain personal injuries. The bicyclist had filed a lawsuit against the District, which had been turned over to the District’s insurance carrier for defense. Subsequent to the current fiscal year end, the District and the Bicyclist agreed to settle the case for $65,000.

SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE - BUDGET AND ACTUAL – GENERAL FUND FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2025

REVENUES

Budgeted
		Amounts	   Original & Final		Actual

Variance Favorable (Unfavorable)

Maintenance assessments	$	378,070	$	366,203	$	(11,867)	
Interest income	2,500	4,435	1,935	
Total revenues	380,570	370,638	(9,932)	

EXPENDITURES
Current:
General government	339,453	118,178	221,275	
Maintenance and operations	125,044	286,868	(161,824)	
Total expenditures	464,497	405,046	59,451	

Excess (deficiency) of revenues over (under) expenditures	

(83,927)	

(34,408)	

49,519	

OTHER FINANCING SOURCES (USES)
Carryforward surplus	83,927	-	(83,927)	
Total other financing sources and (uses)	83,927	-	(83,927)	

Net change in fund balance	
 $	-		
(34,408)  $	(34,408)	

Fund balance - beginning		

	52,838 	
Fund balance - ending		 $	18,430 	

See notes to required supplementary information

NOTES TO REQUIRED SUPPLEMENTARY INFORMATION

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

The legal level of budgetary control, the level at which expenditures may not exceed budget, is in the aggregate. Any budget amendments that increase the aggregate budgeted appropriations must be approved by the Board of Supervisors. Actual general fund expenditures did not exceed appropriations for the fiscal year ended September 30, 2025.

OTHER INFORMATION – DATA ELEMENTS REQUIRED BY 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.	41	
Number of independent contractors compensated to whom nonemployee
compensation was paid in the last month of the District’s fiscal year being reported.	97	
Employee compensation	$2,185,995.95	
Independent contractor compensation	$5,825,346.62	
Construction projects to begin on or after October 1; ($65K)	Not applicable	

Budget variance report	See the Schedule of Revenues, Expenditures and
Changes in Fund Balance - Budget and Actual - General Fund	
Ad Valorem taxes	Not applicable	
		
Non ad valorem special assessments;		
Special assessment rate
Special assessments collected	Operations and maintenance - $100.00 per unit	
	$366,203.00	
Outstanding Bonds:	Not applicable	

1001 Yamato Road ▪ Suite 301 Boca Raton, Florida 33431
(561) 994-9299 ▪ (800) 299-4728
Fax (561) 994-5823
www.graucpa.com

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
Dunes Community Development District Flagler County, 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, business-type activities and each major fund of Dunes Community Development District, Flagler County, 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 June 17, 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.

June 17, 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
Dunes Community Development District Flagler County, Florida
We have examined Dunes Community Development District, Flagler County, 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 Dunes Community Development District, Flagler County, Florida and is not intended to be and should not be used by anyone other than these specified parties.

June 17, 2026

MANAGEMENT LETTER PURSUANT TO THE RULES OF THE AUDITOR GENERAL OF THE STATE OF FLORIDA
To the Board of Supervisors
Dunes Community Development District Flagler County, Florida

Report on the Financial Statements
We have audited the accompanying basic financial statements of Dunes Community Development District ("District") as of and for the fiscal year ended September 30, 2025, and have issued our report thereon dated June 17, 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 Auditor General.

Other Reports and Schedule
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 June 17, 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 described in Rule 10.550 as required by the Rules of the Auditor General of the State of Florida. Accordingly, in connection with our audit of the financial statements of the District, as described in the first paragraph, we report the following:
Current year findings and recommendations.
Status of prior year findings and recommendations.
Compliance with the Provisions of the Auditor General of the state of Florida.
Our management letter is intended solely for the information and use of the Legislative Auditing Committee, members of the Florida Senate and the Florida House of Representatives, the Auditor General of the State of Florida, Federal and other granting agencies, as applicable, management, and the Board of Supervisors of Dunes Community Development District, Flagler County, Florida and the Auditor General of the State of Florida and is not intended to be and should not be used by anyone other than these specified parties.

We wish to thank Dunes Community Development District, Flagler County, 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.

June 17, 2026

REPORT TO MANAGEMENT

CURRENT YEAR FINDINGS AND RECOMMENDATIONS
None

PRIOR YEAR FINDINGS AND RECOMMENDATIONS

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

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

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

Management has provided the specific information required by Section 218.39(3)(c) in the Other Information section of the financial statements on page 28.

D.

Fiscal Year 2027 Budget

July 10, 2026

Dunes	
Community Development District	

TABLE OF CONTENTS

Page
General Fund
Budget	3-4
Water and Sewer Fund

Budget	5-7	
Bridge Fund		
Budget

Stormwater Fund	8-9	
Budget	10-11	

Additional Documents

Employee Schedule	
Capital Improvements List	
General Fund Assessment Summary	
CIP Schedules	

12	
13-16	
17	
18-20	

  

		Actuals		Adopted		Actual	
		thru		Budget		Thru	
Expense Code	Description		9/30/2025		FY 2026		5/31/2026	

  

REVENUES

001.300.31900.10000	Maintenance Assessments	$378,305	$464,265	$459,800	$4,465	$464,265

$ Inc/(Dec)	%Inc/(Dec)	$ Inc/(Dec)	%Inc/(Dec)	Comments	GLP

General Fund	
Projected	Total	Proposed	
Next	Projected	Budget	
4 Months	9/30/2026	FY 2027	

from	from	 from	from	Review prev. FY	prev. FY	prev. FY	prev. FY

$464,265	$0	0.00%	$0	0.00%	

      

$464,265	$464,265	$0	0.00%	$0	0.00%	

EXPENDITURES	
Administrative	
001.310.51300.11000	
001.310.51300.21000	
001.310.51300.31100	
001.310.51300.31500	
001.310.51300.32000	
001.310.51300.32200	
001.310.51300.34000	
001.310.51300.35100	
001.310.51300.40000	
001.310.51300.42000	
001.310.51300.42500	
001.310.51300.45000	
001.310.51300.48000	
001.310.51300.49000	
001.310.51300.49100	
001.310.51300.51000	
001.310.51300.54000	
001.320.53800.12000	
001.320.53800.12100	
001.320.53800.21000	
001.320.53800.22000	
001.320.53800.23000	
001.320.53800.24000	

TOTAL REVENUES	$378,305	$464,265	$459,800	$4,465

$11,200	
$857	
$12,005	
$19,514	
$19,456	
$5,615	
$10,805	
$1,050	
$0	
$3,326	
$1,809	
$30,635	
$5,866	
$462	
$7,050	
$629	
$0	
$133,647	
$0	
$10,091	
$12,107	
$16,175	
$1,693	

$14,000	
$1,071	
$15,000	
$25,000	
$21,000	
$3,655	
$10,627	
$2,000	
$1,000	
$5,000	
$2,500	
$33,659	
$2,000	
$1,000	
$9,000	
$2,000	
$1,000	
$127,368	
$1,500	
$11,807	
$12,737	
$16,526	
$1,871	

$7,600	
$581	
$7,052	
$24,107	
$25,397	
$1,190	
$7,085	
$1,333	
$447	
$2,541	
$938	
$18,673	
$135	
$221	
$6,309	
$482	
$195	
$86,899	
$0	
$6,357	
$9,467	
$13,363	
$1,859	

$4,000	$11,600	$14,000		$2,400	20.69%	$0	0.00%		x	
$306	$887	$1,071		$184	20.69%	$0	0.00%		x	
$3,526	$10,579	$15,000		$4,421	41.80%	$0	0.00%		x	
$12,053	$36,160	$25,000		($11,160)	-30.86%	$0	0.00%		x	
$89	$25,487	$26,000		$513	2.01%	$5,000	23.81%			
$2,295	$3,485	$3,145		($340)	-9.76%	($510)	-13.95%		x	
$3,542	$10,627	$11,750		$1,123	10.57%	$1,123	10.57%		x	
$667	$2,000	$2,500		$500	25.00%	$500	25.00%		x	
$223	$670	$1,000		$330	49.29%	$0	0.00%		x	
$1,270	$3,811	$4,000		$189	4.95%	($1,000)	-20.00%		x	
$469	$1,407	$2,500		$1,093	77.64%	$0	0.00%		x	
$9,336	$28,009	$30,233		$2,224	7.94%	($3,426)	-10.18%	Waiting on final #'s 8% increase from actu	x	
$500	$635	$2,000		$1,365	214.98%	$0	0.00%	All legal notices		
$110	$331	$1,000		$669	201.97%	$0	0.00%			
$3,155	$9,464	$9,000		($464)	-4.90%	$0	0.00%			
$241	$723	$2,000		$1,277	176.53%	$0	0.00%			
$97	$292	$1,000		$708	241.90%	$0	0.00%			
$43,449	$130,348	$137,745		$7,397	5.67%	$10,377	8.15%		x	
$0	$0	$750		$750	#DIV/0!	($750)	-50.00%	For people who retire - Ponitz	x	
$3,324	$9,681	$10,595		$914	9.44%	($1,212)	-10.27%			
$4,734	$14,201	$13,774		($426)	-3.00%	$1,037	8.15%		x	
$6,681	$20,044	$22,583	#	$2,540	12.67%	$6,057	36.65%		x	
$355	$2,214	$2,133		($80)	-3.62%	$262	14.03%		x	

Supervisor Fees FICA Expense
Engineering/Software Services
Attorney
Collection Fees, Uncollectable & Early Payment Discount Annual Audit
Management Fees Computer Time Travel Expenses
Postage & Express Mail Printing
Insurance ##
Advertising Legal & Other Bank Charges Contingencies
Office Supplies
Dues, Licenses & Subscriptions Salaries
Consulting Fees FICA Taxes Pension Expense
Health Insurance Benefits #

$100,424	$322,654		$338,780	$16,126	5.00%	$17,459	5.43%	

General System Maintenance	
001.320.53800.46000	Building Maintenance	$57,938	$35,000	$21,637	$10,819	$32,456	$35,000	
001.320.53800.46200	Landscaping	$52,467	$40,000	$21,412	$10,706	$32,118	$40,000	
001.320.53800.46300	Tree & Shrub Removal	$2,750	$2,500	$0	$2,500	$2,500	$2,500	
001.320.53800.49300	Repair and Replacement Equipment	$0	$500	$0	$500	$500	$500	
001.320.53800.49200	Reserves	$0	$0	$0	$0	$0	$0	
001.320.53800.64002
GENERAL SYSTEM M TOTAL EXPENDITUR	Consultant Fees	$0	$0	$0	$0	$0	$0

AINTENANCE	$113,155	$78,000	$43,049	$24,524	$67,573	$78,000

ES	$417,147	$399,321	$265,278	$124,949	$390,227	$416,780	

Workers Comp Insurance

ADMINISTRATIVE	$303,991	$321,321	$222,229

$2,544	7.84%	$0	0.00% Rats/Garbage Collection/gate/lawn
$7,882	24.54%	$0	0.00%
$0	0.00%	$0	0.00%
$0	0.00%	$0	0.00%
$0	#DIV/0!	$0	#DIV/0!	x
$0	#DIV/0!	$0	#DIV/0!	x

$10,427	15.43%	$0	0.00%

$26,553	6.80%	$17,459	4.37%

	  
$ Inc/(Dec) from
prev. FY	%Inc/(Dec) from
prev. FY	$ Inc/(Dec) from
prev. FY	%Inc/(Dec) from
prev. FY	Comments	GLP
Review	

     						
EXCESS REVENUES (EXPENDITURES)		($38,842)	$64,944	$194,522	($120,484)	$74,038	$47,485						

General Fund	
Projected	Total	Proposed	
Next	Projected	Budget	
4 Months	9/30/2026	FY 2027	

		Actuals		Adopted		Actual	
		thru		Budget		Thru	
Expense Code	Description		9/30/2025		FY 2026		5/31/2026	

Non Operating Revenue (Expenses)	
001.300.36100.11000	Interest Incom	
001.300.36900.10200	Non Operati	
001.320.53800.64000	Capital Impr	
001.310.51300.64001	Contribution	
001.300.38100.10000	Transfer from	
001.300.38100.10000	Transfer from	

e
ng Revenue - from Gen Fund Surplus Accou ovements (See Capital Improvements)
to Reserves
Water & Sewer Fund Surplus Account Bridge Fund Surplus Account

$3,482 ($33,426)

$4,434	
$0	
$0	
$0	
$0	
$0	

$2,717	
$0	
($33,061)	
$0	
$0	
$0	

$2,000	
$0	
$0	
$0	
$0	
$0	

$4,717	$3,482	($1,235)	-26.18%	($0)	0.00%	using 3%???	
$0	($41,967)	($41,967)	#DIV/0!	($8,541)	25.55%	Balancing	
($33,061)	($9,000)	$24,061	-72.78%	$26,000	-74.29%		
$0	$0	$0	#DIV/0!	$0	#DIV/0!		
$0	$0	$0	#DIV/0!	$0	#DIV/0!		
$0	$0	$0	#DIV/0!	$0	#DIV/0!		

($35,000)
$0
$0
$0

 
TOTAL NON OPERATING REVENUE (EXPENSES)		$4,434	($64,944)	($30,344)	$2,000	($28,344)	($47,485)	($19,141)	67.53%	$17,459	-26.88%

NET EXCESS REVENUES AND NON OPERATING REVENUES												
(EXPENSES AND NON OPERATING EXPENSES)	($34,408)		$0		$164,177		($118,484)		$45,694		$0	
												
BEGINNING BALANCE	$52,839		$0		$18,431		$0		$18,431		$64,125	
												
ENDING BALANCE	$18,431		$0		$182,608		($118,484)		$64,125		$106,092	

.

($45,693)	-100.00%	$0	#DIV/0!

$45,694	247.91%	$64,125	#DIV/0!

$41,967	65.45%	$106,092	#DIV/0!

Assessments	
FY 2027	
$464,265	
3439	
$135.00	

Assessments	
FY 2026	
$464,265	
3439	
$135.00	

Increase/	
(Decrease)	
$0	
0	
$0.00	

Gross Assessments* Units
Gross Per Unit

BUDGET HIGHLIGHTS FY 2027	
1. # Health Insurance is now based on a calendar year due to the ACA. We won't get new rates until November. The amount is an estimate of the cost.	
2. ## Liability Insurance premium is an estimate, but it should be very close to the final cost.	

Water and Sewer Fund	
Total		Proposed	
Projected		Budget	
	9/30/2026				FY 2027		

Actuals		Adopted		Actual		Projected	
thru		Budget		Thru		Next	
  9/30/2025 			FY 2026				5/31/2026				4 Months		

VARIANCE FROM	VARIANCE FROM			
2026 Projected Budget	2026 Adopted Budget			
$ Inc/(Dec)	%Inc/(Dec)	$ Inc/(Dec)	%Inc/(Dec)	Comments	GLP	
from	from	from	from		Review	
prev. FY	prev. FY	prev. FY	prev. FY			

 Expense Code	Description	

	$5,517,942 	$722,841	15.07%	$471,354	9.34%	

OPERATING REVENUES

041.300.34300.30000	
041.300.34300.50000	
041.300.34300.76000	
041.300.34300.10000	
041.300.34300.10100	
041.300.36900.10000	
041.300.34900.10200	
041.300.36900.10000	

Water Revenue	
Sewer Revenue	
Irrigation/Effluent	
Meter Fees	
Connection Fees - W, S & I	
CPC Effluent Agreement	
Backflow Preventor/Misc.	
Misc. Income / Penalty	

$1,201,174	
$1,075,798	
$1,840,057	
$48,377	
$27,720	
$40	
$3,098	
$24,614	

$1,432,225	
$1,194,059	
$2,277,799	
$25,000	
$23,000	
$72,000	
$2,504	
$20,000	

$879,761	
$786,999	
$1,430,003	
$27,168	
$27,500	
$0	
$1,965	
$17,931	

$435,532	
$391,292	
$715,001	
$0	
$0	
$72,000	
$983	
$8,966	

$1,315,293	
$1,178,291	
$2,145,004	
$27,168	
$27,500	
$72,000	
$2,948	
$26,897	

$1,555,217	$239,924	18.24%	$122,992	8.59%	9.5% rate increase expected for FY 27-CDM Projection	
$1,330,459	$152,168	12.91%	$136,400	11.42%	9.5% rate increase expected for FY 27-CDM Projection	
$2,484,266	$339,262	15.82%	$206,467	9.06%	CPI/GC increase expected for FY 27-CDM Projection	
$25,000	($2,168)	-7.98%	$0	0.00%	x	
$23,000	($4,500)	-16.36%	$0	0.00%	x	
$72,000	$0	0.00%	$0	0.00%	+72k for PC reclaimed line in fy 26	
$3,000	$53	1.78%	$496	19.79%	x	
$25,000	($1,897)	-7.05%	$5,000	25.00%	x	

	TOTAL REVENUES		 $4,220,879  	$5,046,588  	$3,171,328  	$1,623,773  	$4,795,101 

Administrative 	
041.310.51300.31100	Engineering	
041.310.51300.31500	Attorney	
041.310.51300.32200	Annual Audit	
041.310.51300.34000	Management Fees	
041.310.51300.40000	Travel Expenses	
041.310.51300.42000	Postage & Express Mail	
041.310.51300.42500	Printing & Mailing Utility Bills	
041.310.51300.48000	Advertising Legal & Other	
041.310.51300.49000	Bank Charges	
041.310.51300.49100	Contingencies	
041.310.51300.51000	Office Supplies and Equipment	
041.310.51300.54000	Dues, Licenses & Subscriptions	
041.310.51300.54200	Permits Fees WTP & WWTP	
041.310.51300.55000	Land Leases & Easement Fees	
041.310.53600.12000	Salaries Including Overtime	
041.310.53600.12100	Consulting Fees	
041.310.53600.21000	FICA Taxes	
041.310.53600.22000	Pension Plan	
041.310.53600.23000	Insurance Benefits (Medical)#	
041.310.53600.24000	Workers Compensation Insurance	
041.310.53600.25000	Unemployment Benefits	
041.310.53600.32480	Bad Debt Expense	
041.310.53600.41000	Telephone/IT Support	
041.310.53600.49001	Payment Processing Service	
041.310.53600.44000	Equipment Rentals & Leases	
041.310.53600.45000	Insurance	
041.310.53600.46100	Repair and Maintenance for Vehicles	
041.310.53600.52000	Supplies/Equipment General	
041.310.53600.52055	Uniforms/Supplies/Services	
041.310.53600.52100	Fuel for Vehicles	
041.310.53600.52000	Tools	
041.310.53600.54100	Training & Education	
	ADMINISTRATIVE		

$36,133	$50,000	$0	$25,000	$25,000	$50,000	
$280	$10,000	$1,288	$8,712	$10,000	$10,000	
$7,355	$8,170	$2,660	$5,130	$7,790	$7,030	
$24,311	$23,755	$15,837	$7,918	$23,755	$26,264	
$14,291	$16,000	$8,515	$4,258	$12,773	$16,000	
$4,175	$4,000	$3,372	$1,686	$5,058	$5,000	
$15,200	$15,000	$8,792	$4,396	$13,187	$15,000	
$2,360	$3,000	$2,566	$1,283	$3,849	$3,000	
$176	$1,000	$711	$355	$1,066	$1,000	
$8,927	$7,000	$3,393	$1,696	$5,089	$7,000	
$12,393	$13,000	$7,238	$3,619	$10,857	$13,000	
$12,869	$15,000	$9,132	$4,566	$13,699	$15,000	
$6,600	$8,000	$4,600	$2,300	$6,900	$8,000	
$14,857	$14,000	$0	$0	$0	$16,000	
$1,168,383	$1,133,760	$757,728	$378,864	$1,136,592	$1,340,328	
$0	$1,500	$0	$0	$0	$750	
$88,191	$104,194	$55,709	$27,854	$83,563	$102,593	
$92,979	$113,376	$65,262	$32,631	$97,892	$134,033	
$130,862	$147,104	$106,897	$53,449	$160,346	$219,748	
$14,931	$16,653	$16,531	$3,158	$19,689	$20,760	
$0	$500	$0	$0	$0	$500	
$0	$500	$107	$0	$107	$500	
$59,294	$62,000	$36,250	$18,125	$54,375	$62,000	
$18,140	$18,000	$13,222	$6,611	$19,833	$20,000	
$11,484	$10,000	$6,197	$3,099	$9,296	$12,000	
$168,491	$185,125	$102,699	$51,350	$154,049	$166,281	
$33,323	$20,000	$16,894	$8,447	$25,340	$25,000	
$2,053	$4,000	$2,288	$1,144	$3,432	$4,000	
$22,635	$20,000	$1,796	$898	$2,694	$28,000	
$12,347	$16,000	$15,987	$7,994	$23,981	$24,000	
$2,142	$4,000	$8,203	$4,101	$12,304	$5,000	
$4,754	$6,000	$3,109	$1,554	$4,663	$6,000	
  $1,989,932 		$2,050,637 		$1,276,981  	$670,198 		$1,947,179 		$2,363,787 	

$25,000	100.00%	$0	0.00% PS design/Emergency Pump Design		
$0	0.00%	$0	0.00%		
($760)	-9.76%	($1,140)	-13.95%	x	
$2,509	10.56%	$2,509	10.56%	x	
$3,227	25.26%	$0	0.00%	x	
($58)	-1.15%	$1,000	25.00%	x	
$1,813	13.75%	$0	0.00%	x	
($849)	-22.06%	$0	0.00%	x	
($66)	-6.17%	$0	0.00% Auto Drafts/cc transactions	x	
$1,911	37.54%	$0	0.00%	x	
$2,143	19.73%	$0	0.00%	x	
$1,301	9.50%	$0	0.00% Added VT SCADA License/Neptune	x	
$1,100	15.94%	$0	0.00%	x	
$16,000	#DIV/0!	$2,000	14.29% Well site lease	x	
$203,737	17.93%	$206,568	18.22% Added 2 new employees	x	
$750	#DIV/0!	($750)	-50.00%	x	
	$19,030	22.77%	($1,601)	-1.54%	x	
	$36,141	36.92%	$20,657	18.22%	x	
#	$59,402	37.05%	$72,644	49.38% Added the 2 new employees to total	x	
	$1,071	5.44%	$4,107	24.66%	x	
	$500	#DIV/0!	$0	0.00%	x	
	$393	366.72%	$0	0.00%	x	
	$7,625	14.02%	$0	0.00%	x	
	$167	0.84%	$2,000	11.11% New Code for checks/website	x	
	$2,704	29.09%	$2,000	20.00%	x	
	$12,233	7.94%	($18,844)	-10.18% Waiting on final #'s 8% increase from actual	x	
	($340)	-1.34%	$5,000	25.00%	x	
	$568	16.55%	$0	0.00%	x	
	$25,306	939.39%	$8,000	40.00% Added 2 new employees	x	
	$19	0.08%	$8,000	50.00%		
	($7,304)	-59.36%	$1,000	25.00%		
	$1,337	28.67%	$0	0.00%		
	$416,608	21.40%	$313,150	15.27%		

OPERATING EXPENSES

0

Water and Sewer Fund	
Projected	Total		Proposed	
Next	Projected		Budget	
4 Months	9/30/2026		FY 2027	

Actuals		Adopted		Actual	
thru		Budget		Thru	
9/30/2025		FY 2026		5/31/2026	

VARIANCE FROM	VARIANCE FROM			
2026 Projected Budget	2026 Adopted Budget			
$ Inc/(Dec)	%Inc/(Dec)	$ Inc/(Dec)	%Inc/(Dec)	Comments	GLP	
from	from	from	from		Review	
prev. FY	prev. FY	prev. FY	prev. FY			

Expense Code	Description

Water System 	
041.320.53600.34800	Water Quality Testing	
041.320.53600.43000	Electric	
041.320.53600.43100	Bulk Water Purchases	
041.320.53600.44000	Equipment Rentals & Leases	
041.320.53600.46000	Plant Maintenance Repair and Equipment	
041.320.53600.46050	Distribution System Maintenance Repair and	
041.320.53600.52000	Plant Operating Supplies	
041.320.53600.52200	Chlorine & Other Chemicals	
041.320.53600.61000

WATER SYSTEM	Meters New & Replacement	

Equ

Sewer System	
041.330.53600.34800	
041.330.53600.34900	
041.330.53600.43000	
041.330.53600.44000	
041.330.53600.46000	
041.330.53600.46050	
041.330.53600.46075	
041.330.53600.52000	
041.330.53600.52200	

Water Quality Testing Sludge Disposal Electric
Equipment Rentals & Leases
Plant Maintenance Repair and Equipment Collection System Maintenance Repair and Equip Lift Station Repair and Maintenance
Plant Operating Supplies Chlorine & Other Chemicals

$9,139

$25,992	$25,000	$18,278	
$129,904	$149,000	$94,158	
$2,655	$20,000	$56	
$0	$500	$0	
$246,148	$260,000	$152,130	
$59,615	$50,000	$22,073	
$14,445	$23,000	$12,146	
$347,054	$385,250	$253,050	
$34,113	$60,000	$62,075

$859,925	$972,750	$613,966	

$27,416	$30,000	$2,584	9.42%	$5,000	20.00%	PFAS/Lead and copper testing	
$141,237	$151,000	$9,763	6.91%	$2,000	1.34%	FPL states a increase of 6.37%	
$84	$20,000	$19,916	23743.59%	$0	0.00%	when Crom tank is offline	
$500	$500	$0	0.00%	$0	0.00%		
$228,195	$250,000	$21,805	9.56%	($10,000)	-3.85%	RO Feed pumps/chemical pumps	
$33,110	$50,000	$16,890	51.01%	$0	0.00%	Brass Ftgs/Meters/Tubing Price increases	
$18,220	$23,000	$4,780	26.24%	$0	0.00%	Tubing replacements for RO are increasing/increasing inventor	
$379,575	$400,000	$20,425	5.38%	$14,750	3.83%	32% increase in cal chloride	
$93,112	$60,000	($33,112)	-35.56%	$0	0.00%	50 meters replaced on 10 year cycle	
$921,448	$984,500	$63,052	6.84%	$11,750	1.21%		

$47,079
$28
$500
$76,065
$11,037
$6,073
$126,525
$31,037

$307,483

$16,662	
$82,179	
$77,580	
$0	
$215,217	
$18,445	
$45,613	
$4,725	
$53,158	

$28,000	
$190,000	
$115,000	
$500	
$190,000	
$25,000	
$50,000	
$12,000	
$50,000	

$14,586	
$77,636	
$50,978	
$0	
$132,129	
$22,544	
$16,036	
$8,391	
$81,236	

$7,293	
$38,818	
$25,489	
$500	
$66,064	
$11,272	
$8,018	
$4,196	
$40,618	

$21,879	
$116,453	
$76,467	
$500	
$198,193	
$33,816	
$24,054	
$12,587	
$121,854	

$25,000	$3,121	14.27%	($3,000)	-10.71%	more testing for sludge		
$140,000	$23,547	20.22%	($50,000)	-26.32%	7 events x $20k	x	
$86,000	$9,533	12.47%	($29,000)	-25.22%	FPL states a increase of 6.37%		
$500	$0	0.00%	$0	0.00%			
$210,000	$11,807	5.96%	$20,000	10.53%	Equipment is getting older/PS rehab		
$25,000	($8,816)	-26.07%	$0	0.00%			
$50,000	$25,946	107.86%	$0	0.00%			
$12,000	($587)	-4.66%	$0	0.00%			
$170,000	$48,146	39.51%	$120,000	240.00%	Adding more cutrine to keep algae and snails down		

      

$605,804	$718,500	$112,696	18.60%	$58,000	8.78%	

Irrigation System 	
041.340.53600.34800	Water Quality Testing	
041.340.53600.43000	Electric	
041.340.53600.43300	Effluent (Reclaimed Water) Purchases	
041.340.53600.44000	Equipment Rentals & Leases	
041.340.53600.46000	Plant Maintenance Repair and Equipment	
041.340.53600.46050	Distribution System Maintenance Repair and	
041.340.53600.61000	Meters New & Replacement
IRRIGATION SYSTEM TOTAL EXPENSES	

$500	
$70,000	
$220,000	
$35,000	
$140,000	
$30,000	
$50,000	
$545,500	
	
$4,229,387	

$0	
$42,061	
$112,904	
$16,095	
$38,414	
$15,951	
$2,696	
$228,121	
$2,522,603	

SEWER SYSTEM	$513,579	$660,500	$403,536	$202,268

$0	
$66,287	
$222,962	
$20,229	
$159,334	
$46,455	
$3,471	
$518,739	
	
$3,882,174	

Equ

$500	$500	$4,000	$3,500	700.00%	$3,500	700.00% Algae testing for reclaimed ponds	x
$21,030	$63,091	$75,000	$11,909	18.88%	$5,000	7.14% FPL states a increase of 6.37%	x
$56,452	$169,356	$225,000	$55,644	32.86%	$5,000	2.27% budget is low as we are witholding PC payments	x
$8,047	$24,142	$35,000	$10,858	44.97%	$0	0.00% 8" Strmwtr/Hurricane pump rental 8 months	x
$19,207	$57,620	$140,000	$82,380	142.97%	$0	0.00%	x
$7,976	$23,927	$30,000	$6,073	25.38%	$0	0.00% Brass/Meter box/poly tubing price increases	x
$1,348	$4,044	$50,000	$45,956	1136.25%	$0	0.00%	x

$114,560	$342,681	$559,000	$216,319	63.13%	$13,500	2.47%
   
$1,294,509	$3,817,113	$4,625,787	$808,675	21.19%	$396,400	9.37%

Water and Sewer Fund	
Projected	Total		Proposed	
Next	Projected		Budget	
4 Months	9/30/2026		FY 2027	

Actuals		Adopted		Actual	
thru		Budget		Thru	
9/30/2025		FY 2026		5/31/2026	

VARIANCE FROM	VARIANCE FROM			
2026 Projected Budget	2026 Adopted Budget			
$ Inc/(Dec)	%Inc/(Dec)	$ Inc/(Dec)	%Inc/(Dec)	Comments	GLP	
from	from	from	from		Review	
prev. FY	prev. FY	prev. FY	prev. FY			

Expense Code	Description

EXCESS REVENUES (EXPENDITURES)	$338,704	$817,201	$648,724	$329,264	$977,988	$892,155

Non-Operating Revenue (Expenses)	
041.300.36100.10000	Interest Incom	
041.300.36900.10200	Non Operati	
041.300.36900.10201	Non Operati	
041.310.51300.64000	Capital Impr	
041.300.22300.10000	Connection	
041.300.33700.30000	Grant Incom	
041.310.51300.64001	Contribution	
041.300.58100.10000	Contribution	

$101,901	
$398,318	
$0	
($846,293)	
$0	
$7,175	
$0	
$0	

$60,000	
$437,862	
$0	
($1,293,063)	
($22,000)	
$0	
$0	
$0	

$59,341	
$0	
$0	
($530,374)	
$0	
$27,020	
$0	
$0	

$29,670	
$199,043	
$0	
($762,689)	
$0	
$0	
$0	
$0	

$89,011	
$199,043	
$0	
($1,293,063)	
$0	
$27,020	
$0	
$0	

$90,000	

$989	

1.11%	

$30,000	

50.00%		
($390,155)	($589,198)	-296.02%	($828,017)	-189.10%	Balance	
$1,820,000	$1,820,000	#DIV/0!	$1,820,000	#DIV/0!	Borrow from Bridge Account	
($2,390,000)	($1,096,938)	84.83%	($1,096,938)	84.83%		
($22,000)	($22,000)	#DIV/0!	$0	0.00%		
$0	($27,020)	-100.00%	$0	#DIV/0!		
$0	$0	#DIV/0!	$0	#DIV/0!		
$0

($892,155)	$0

$85,833	#DIV/0!

-8.78%	$0

($74,955)	#DIV/0!

9.17%		

e
ng Revenue - from W&S Surplus Acc ng Revenue - from Bridge Surplus Ac ovements (See Capital Improvemen Fees - (W/S paid to HDOA)
e -Hurricane Nicole to Reserves
to General Fund

NON-OPERATING REVENUES (EXPENSES)	($338,900)	($817,201)	($444,012)	($533,975)	($977,988)

NET OPERATING AND NON OPERATING REVENUES	
(OPERATING AND NON OPERATING EXPENSES)		
	
BEGINNING BALANCE	
	
ENDING BALANCE	

	

($195)	
$0	
$204,712	
($204,712)	
$0	
($0)	
($1)	
-165.12%	
($0)	
-1022.53%	
$3,539,557	$0	$3,539,361	$0	$3,539,361	$3,340,319					
$3,539,361	$0	$3,744,073	($204,712)	$3,340,319	$3,730,473					

NOTES:

TOTAL REVENUES		$2,671,982	$2,760,000	$1,822,032	$911,016	$2,733,048	$2,760,000	

OPERATING EXPENSES	
Administrative	
042.310.51300.31100	Engineering	$16,628	$5,000	$0	$5,000	$5,000	$5,000	
042.310.51300.31500	Attorney	$0	$5,000	$0	$5,000	$5,000	$5,000	
042.310.51300.32200	Annual Audit	$6,665	$6,235	$2,030	$3,915	$5,945	$5,365	
042.310.51300.34000	Management Fees	$18,908	$18,129	$12,086	$6,043	$18,129	$20,044	
042.310.51300.49000	Bank Charges	$3,638	$3,000	$4,898	$2,449	$7,347	$5,000	
042.310.51300.49100	Contingencies	$995	$5,000	$1,492	$746	$2,238	$4,000	

$43,659	$44,409	$750	1.72%	$2,045	4.83%	

	$84,639	10.42%	$57,428	6.84% From employee schedule		x	
	$750	#DIV/0!	($750)	-50.00%		x	
						x	
	$7,581	12.40%	($4,904)	-6.66%		x	
	$10,686	19.99%	$3,756	6.22%		x	
#	$15,140	16.82%	$26,815	34.22%	0	x	
	($552)	-5.26%	$1,065	12.01%	0	x	
$81,045	166.51%	$4,749	3.80% add etransit yearly contract support of $79k	x	
$1,565	3.78%	$3,000	7.50% New ADP system	x	
$1,802	2.04%	$32,000	55.17% expect more $ w/in booth cc processing		
$500	100.00%	$500	100.00% See other SunPass type operations	x	
$44	0.28%	$1,000	6.67%	x	
$322	5.67%	$0	0.00%	x	
$11,627	71.02%	$0	0.00%		
$11,120	7.94%	($17,130)	-10.18% Waiting on final #'s 8% increase from actual		
$0	#DIV/0!	$0	#DIV/0!	Bicycle case is pending		
$36,733	39.38%	$0	0.00%		
($28,516)	-10.62%	$40,000	20.00% Hi-Trim,Fert, replace		
$35,000	#DIV/0!	$35,000	#DIV/0!	KCA Proposal	x	
$3,783	170.62%	$0	0.00%	x	
$7,425	50.95%	$0	0.00% Includes clothes/Pandemic supplies		
$280,695	15.92%	$182,528	9.81%		
$281,445	15.58%	$184,573	9.70%		

		Actuals		Adopted		Actual		Projected	
		thru		Budget		Thru		Next	
Expense Code	Description		9/30/2025		FY 2026		5/31/2026		4 Months	

 
Bridge Fund	
Total	Proposed	
Projected	Budget	
9/30/2026	FY 2027	

 
VARIANCE FROM	VARIANCE FROM			
2026 Projected Budget	2026 Adopted Budget			
$ Inc/(Dec)	%Inc/(Dec)	$ Inc/(Dec)	%Inc/(Dec)	Comments	GLP	
from	from	from	from		Review	
prev. FY	prev. FY	prev. FY	prev. FY			

OPERATING REVENUES

042.300.34900.10000	

Toll Collections	

$2,640,634	

$2,725,000	

$1,783,901	

$891,950	

$2,675,851	

$2,725,000	
042.300.36900.10000	Miscellaneous	$31,348	$35,000	$38,131	$19,065	$57,196	$35,000	

$49,149	1.84%	$0	0.00%	 Was $2.9-Incorrect number in formula		x	
($22,196)	-38.81%	$0	0.00%	license - European Village exp 9-30	x	
$0	#DIV/0!					
$26,952	0.99%	$0	0.00%			

      

$0	0.00%	$0	0.00%	x	
$0	0.00%	$0	0.00%	x	
($580)	-9.76%	($870)	-13.95%	x	
$1,915	10.56%	$1,915	10.56%	x	
($2,347)	-31.95%	$2,000	66.67%	x	
$1,762	78.72%	($1,000)	-20.00% Lab/background checks	x	

ADMINISTRATIVE			
$46,834	$42,364	
$20,506	 
$23,153	

Operating Expenses - Toll Facility	
042.320.54900.12000		Salaries Including Overtime	$774,984	$839,762	$541,701	$270,850	$812,551	$897,190	
042.320.54900.12100		Consulting Fee	$0	$1,500	$0	$0	$0	$750	
042.320.54900.15000		open	$0	$0	$0	$0	$0	$0	
042.320.54900.21000		FICA Taxes	$58,609	$73,597	$40,392	$20,720	$61,112	$68,692	
042.320.54900.22000		Pension Plan	$48,919	$60,394	$35,643	$17,822	$53,465	$64,151	
042.320.54900.23000		Insurance Benefits (Medical) #	$79,453	$78,361	$60,024	$30,012	$90,035	$105,175	
042.320.54900.24000		Workers Compensation Insurance	$8,235	$8,871	$8,806	$1,682	$10,488	$9,936	
042.320.54900.34300		Contractual Support	$118,168	$124,970	$32,449	$16,225	$48,674	$129,719	
042.320.54900.34500		Payroll Processing Fee	$39,537	$40,000	$27,623	$13,812	$41,435	$43,000	
042.320.54900.34600		Credit Card Processing Fee	$87,842	$58,000	$58,799	$29,399	$88,198	$90,000	
042.320.54900.40000		Travel Expenses	$0	$500	$0	$500	$500	$1,000	
042.320.54900.41000		Telephone	$14,191	$15,000	$10,637	$5,319	$15,956	$16,000	
042.320.54900.42500		Printing	$2,998	$6,000	$3,786	$1,893	$5,678	$6,000	
042.320.54900.43000		Utility Services	$25,089	$28,000	$10,915	$5,458	$16,373	$28,000	
042.320.54900.45000		Insurance ##	$153,173	$168,295	$93,363	$46,681	$140,044	$151,165	
042.320.54900.45001		Insurance Claims	$0	$0	$0	$0	$0	$0	
042.320.54900.46000		Repairs & Maintenance	$92,775	$130,000	$62,178	$31,089	$93,267	$130,000	
042.320.54900.46002		Repairs & Maintenance-Parkway	$281,219	$200,000	$179,011	$89,505	$268,516	$240,000	
042.320.54900.46100		DOT mandated Bridge Inspection (Required in 2025)	$30,399	$0	$0	$0	$0	$35,000	
042.320.54900.51000		Office Supplies	$4,739	$6,000	$1,478	$739	$2,217	$6,000	
042.320.54900.52000		Operating Supplies	$19,919	$22,000	$9,716	$4,858	$14,575	$22,000	
OPERATING EXPENSE		

$1,840,249	$1,861,250	

$1,176,519	$586,563	$1,763,083	$2,043,778	
TOTAL EXPENSES			

$1,887,084	$1,903,613	

$1,197,026	$609,716	$1,806,742	$2,088,186	

		Actuals		Adopted		Actual		Projected	
		thru		Budget		Thru		Next	
Expense Code	Description		9/30/2025		FY 2026		5/31/2026		4 Months	

 
Bridge Fund	
Total	Proposed	
Projected	Budget	
9/30/2026	FY 2027	

 
VARIANCE FROM	VARIANCE FROM			
2026 Projected Budget	2026 Adopted Budget			
$ Inc/(Dec)	%Inc/(Dec)	$ Inc/(Dec)	%Inc/(Dec)	Comments	GLP	
from	from	from	from		Review	
prev. FY	prev. FY	prev. FY	prev. FY			

EXCESS REVENUES (EXPENDITURES)	$768,369	$856,387	$625,006	$301,300	$926,306	$671,814	

Non Operating Revenue (Expenses)	
042.300.36100.11000	Interest Income	$500,628	$280,000	$204,508	$102,254	$306,762	$270,000	
042.300.36900.10200	Non Operating Revenue - from Bridge Surplus Account ##	$467,639	($971,387)	$0	($521,247)	($521,247)	$2,250,186	
042.320.54900.64000	Capital Improvements	($1,908,726)	($140,000)	($711,821)	$0	($711,821)	($1,347,000)	
042.300.38100.10000	Transfer to General Fund	$0	$0	$0	$0	$0	$0	
042.300.38100.10001	Transfer to W/S Fund	$0	$0	$0	$0	$0	($1,820,000)	
042.310.51300.64002	Parkway Capital Expenditures	$0	($25,000)	$0	$0	$0	($25,000)	

($36,762)	-11.98%	($10,000)	-3.57%		
$2,771,433	-531.69%	$3,221,573	-331.65%	Balancing	
($635,179)	89.23%	($1,207,000)	862.14%		
$0	#DIV/0!	$0	#DIV/0!		

($25,000)	#DIV/0!	$0	0.00%	

				.									
NET EXCESS REVENUES AND NON OPERATING REVENUES													
(EXPENSES AND NON OPERATING EXPENSES)			($172,090)		($0)		$117,693		($117,693)		($0)		($0)	
													
BEGINNING BALANCE		$9,785,393		$0		$9,613,303		$0		$9,613,303		$10,134,550	
													
ENDING BALANCE		$9,613,303		($0)		$9,730,996		($117,693)		$10,134,550		$7,884,363	

TOTAL NON OPERATING REVENUE (EXPENSES)	($940,459)	($856,387)	($507,313)	($418,993)	($926,306)	($671,814)	$254,492	-27.47%	$184,573	-21.55%

($0)	50.83%	($0)	13.84%

1. Transfer	

$0	BUDGET HIGHLIGHTS FY 2026

from Bridge Surplus Account to General Fund.	
2. # Health Insurance is now based on a calendar year due to the ACA. We won't get new rates until November. The amount is an estimate of the cost.	

NOTES:

	 

Stormwater Fund	
Total	Proposed	
Projected	Budget	
  9/30/2026	 	FY 2027		

Actuals		Adopted		Actual		Projected	
thru		Budget		Thru		Next	
 9/30/2025 		  FY 2026 		  5/31/2026 		  4 Months 	

VARIANCE FROM	VARIANCE FROM			
2026 Projected Budget	2026 Adopted Budget			
$ Inc/(Dec)	%Inc/(Dec)	$ Inc/(Dec)	%Inc/(Dec)	Comments	GLP	
from	from	from	from		Review	
prev. FY	prev. FY	prev. FY	prev. FY			

 Expense Code	Description	

REVENUES

043.300.34300.90000	
043.300.34300.10000	
043.300.36900.10043	
043.300.38100.10000	

Stormwater Fees	
Stormwater Assessment (Outside District)	
Misc. Income / Penalty	
Transfer to General Fund	

$469,563	
$2,813	
$0	
$0	

$469,536	
$2,700	
$0	
$0	

$316,189	
$2,938	
$0	
$0	

$158,652	
$0	
$0	
$0	

$474,841	
$2,938	
$0	
$0	

$475,596	$755	0.16%	$6,060	1.29%	
$2,700	($238)	-8.10%	$0	0.00%	
$0	$0	#DIV/0!	$0	#DIV/0!	
$0	$0	#DIV/0!	$0	#DIV/0!	

	$478,296 	$517	0.11%	$6,060	1.28%	

	$249,429 	$47,578	23.57%	$9,795	4.09%	

x

x	
x	

 TOTAL REVENUES	  $472,376   $472,236  	$319,127  	$158,652  	$477,779 

EXPENDITURES	
Administrative	
043.310.51300.31100	
043.310.51300.31500	
043.310.51300.32000	
043.310.51300.32200	
043.310.51300.34000	
043.310.51300.35100	
043.310.51300.40000	
043.310.51300.42000	
043.310.51300.42500	
043.310.51300.45000	
043.310.51300.48000	
043.310.51300.49000	
043.310.51300.49100	
043.310.51300.51000	
043.310.51300.54000	
043.320.53600.12000	
043.320.53600.12100	
043.320.53600.21000	
043.320.53600.22000	
043.320.53600.23000	
043.320.53600.24000	

Engineering/Software Services	
Attorney	
Collection Fees, Uncollectable & Early Payment Discount	
Annual Audit	
Management Fees	
Computer Time	
Travel Expenses	
Postage & Express Mail	
Printing	
Insurance ##	
Advertising Legal & Other	
Bank Charges	
Contingencies	
Office Supplies	
Dues, Licenses & Subscriptions	
Salaries	
Consulting Fees	
FICA Taxes	
Pension Expense	
Health Insurance Benefits #	
Workers Comp Insurance	

$15,343	
$1,373	
$0	
$5,365	
$5,513	
$0	
$0	
$0	
$0	
$30,599	
$0	
$175	
$1,774	
$0	
$0	
$111,402	
$0	
$8,389	
$11,330	
$14,113	
$1,526	

$25,000	
$5,000	
$1,000	
$3,440	
$10,002	
$1,000	
$1,000	
$500	
$500	
$33,659	
$1,000	
$600	
$5,000	
$1,000	
$1,000	
$110,996	
$1,500	
$10,304	
$11,100	
$14,402	
$1,630	

$0	
$0	
$0	
$1,120	
$6,668	
$0	
$363	
$0	
$0	
$18,708	
$0	
$249	
$3,680	
$0	
$0	
$72,721	
$0	
$5,272	
$8,938	
$11,721	
$1,619	

$1,000	
$5,000	
$0	
$2,160	
$3,334	
$0	
$182	
$0	
$0	
$9,354	
$0	
$125	
$0	
$0	
$0	
$36,360	
$0	
$2,636	
$4,469	
$5,861	
$309	

$1,000	$25,000		$24,000	2400.00%	$0	0.00%	Update GIS/Every 2 years inspection 2028 nxt		
$5,000	$5,000		$0	0.00%	$0	0.00%		x	
$0	$1,000		$1,000	#DIV/0!	$0	0.00%		x	
$3,280	$2,960		($320)	-9.76%	($480)	-13.95%		x	
$10,002	$11,059		$1,057	10.56%	$1,057	10.56%		x	
$0	$1,000		$1,000	#DIV/0!	$0	0.00%		x	
$545	$1,000		$455	83.46%	$0	0.00%		x	
$0	$500		$500	#DIV/0!	$0	0.00%		x	
$0	$500		$500	#DIV/0!	$0	0.00%		x	
$28,062	$30,233		$2,171	7.74%	($3,426)	-10.18%	Waiting on final #'s 8% increase	x	
$0	$1,000		$1,000	#DIV/0!	$0	0.00%		x	
$374	$600		$226	60.51%	$0	0.00%		x	
$3,680	$5,000		$1,320	35.87%	$0	0.00%		x	
$0	$1,000		$1,000	#DIV/0!	$0	0.00%		x	
$0	$1,000		$1,000	#DIV/0!	$0	0.00%		x	
$109,081	$119,304		$10,223	9.37%	$8,308	7.48%			
$0	$750		$750	#DIV/0!	($750)	-50.00%		x	
$7,908	$9,184		$1,276	16.14%	($1,120)	-10.87%		x	
$13,407	$11,930		($1,477)	-11.02%	$831	7.48%		x	
$17,582	$19,560	#	$1,978	11.25%	$5,158	35.82%	0	x	
$1,929	$1,848		($81)	-4.19%	$218	13.34%		x	

  ADMINISTRATIVE	  $206,902   $239,633  	$131,060  	$70,790  	$201,850 

		Actuals		Adopted		Actual	
		thru		Budget		Thru	
Expense Code	Description		9/30/2025		FY 2026		5/31/2026	

 
Stormwater Fund	
Projected	Total	Proposed	
Next	Projected	Budget	
4 Months	9/30/2026	FY 2027	

 
VARIANCE FROM	VARIANCE FROM			
2026 Projected Budget	2026 Adopted Budget			
$ Inc/(Dec)	%Inc/(Dec)	$ Inc/(Dec)	%Inc/(Dec)	Comments	GLP	
from	from	from	from		Review	
prev. FY	prev. FY	prev. FY	prev. FY			

	$2,898	19.19%	$0	0.00%	
	$0	0.00%	$0	0.00% Lake Access is decreasing	
	$37,636	116.29%	$0	0.00%	
	$48,225	409.55%	$0	0.00%	
	($11,668)	-70.00%	$0	0.00% boat motors	
	$4,620	85.88%	$0	0.00%	
	$3,000	#DIV/0!	$0	0.00%	
	$5,000	#DIV/0!	$0	0.00%	
													$89,711	103.97%	$0	0.00%	
																	
													$137,289	47.65%	$9,795	2.36%	
																	
EXCESS REVENUES (EXPENSES)		$132,250		$56,603		$133,874		$55,766		$189,639		$52,867					

Non Operating Revenue (Expenses)	
043.300.36100.11000	Interest Income	
043.300.36900.10200	Non Operating Revenue - from SW Surplus Account##	
043.320.53600.64000	Capital Improvements (See Capital Improvements List)	

Stormwater System Maintenance	
043.320.53600.43000	Electric (7 Aerators)	$13,504	$18,000	$10,068	$5,034	$15,102	$18,000	
043.320.53600.46200	Landscaping	$0	$5,000	$0	$5,000	$5,000	$5,000	
043.320.53600.46500	Lake Maintenance	$65,165	$70,000	$21,576	$10,788	$32,364	$70,000	
043.320.53600.46700	Storm Drain System Maintenance	$37,317	$60,000	$7,850	$3,925	$11,775	$60,000	
043.320.53600.49300	Repair and Replacement Equipment	$8,288	$5,000	$11,112	$5,556	$16,668	$5,000	
043.320.53600.49200	Repair and Replacement Floating Aerators	$0	$10,000	$3,587	$1,793	$5,380	$10,000	
043.320.53600.52100	Grass Carp/Fish-Nuisance Removal	$2,550	$3,000	$0	$0	$0	$3,000	
043.320.53600.49200	Contingency	$6,402	$5,000	$0	$0	$0	$5,000	
STORMWATER MAINT	$133,225	$176,000	$54,193	$32,096	$86,289	$176,000	
TOTAL EXPENDITUR	ES	$340,127	$415,633	$185,253	$102,886	$288,139	$425,429	

$22,436	
$0	
($12,993)	

$21,068	
($27,671)	
($50,000)	

$18,398	
$0	
$0	

$9,199	
($14,965)	
($50,000)	

$27,597	
($14,965)	
($50,000)	

$27,872	$276	1.00%	$6,804	32.30%	x	
($50,000)	($35,035)	234.11%	($22,329)	80.69%	Balancing	
($30,740)	$19,260	-38.52%	$19,260	-38.52%	x	

TOTAL NON OPERATING REVENUE (EXPENSES)	$9,443	($56,603)	$18,398	($55,766)	($37,368)	($52,868)	($15,499)	41.48%	$3,735	-6.60%

 		
NET EXCESS REVENUES AND NON OPERATING REVENUES									
(EXPENSES AND NON OPERATING EXPENSES)		$141,693		($0)		$152,272	($0)	$152,271	($0)	

BEGINNING BALANCE		$620,149		$0		$761,842		$0		$761,842		$929,078	
													
ENDING BALANCE		$761,842		$0		$914,113		($0)		$929,078		$979,078	

BUDGET HIGHLIGHTS FY 2027

1. See Capital Improvements List.	
2. ## Represents amount of prior year funds required to balance budget.	

NOTES:

DUNES COMMUNITY DEVELOPMENT DISTRICT EMPLOYEE SCHEDULE FY 2027

Adopted Previous FY	Estim. Weekly
Hours	Estim. Annual
Wage		
	Anniv.
Date	Current
Rate	Date
Due	Pay Raise
Amt.	New
Rate	Eligible For
Ins.- I, Ret.- R			
Utility	General
Fund	
Bridge	
Stormwater	
Name	Position	FT/PT													
Alvarado, Maribel	W/WW, OM	FTE	4/9/2007	3,999.69	4/26	239.98	4,239.67	I,R	1	110,240	60,632	22,048	22,048	5,512	
Myers, Antonio	W/WW	FT	3/19/2025	27.83	1/26	1.67	29.50	I,R	40	61,360	61,360				
Earl Nash	W/WW, PS	FTE	9/20/2021	5,465.95	9/25	327.96	5,793.91	I,R	1	150,644	150,644				
Morales,Tracy	Admin. Assist.	FT	7/6/2016	25.43	7/26	1.53	26.96	I,R	40	56,056	30,831	14,014	5,606	5,606	
Ricci, Linda	Admin. Assist.	FT	2/10/2021	22.95	2/26	1.38	24.33	I,R	32	40,456	22,251	10,114	4,046	4,046	
Brill, Cory	W/WW, FS	FTE	2/21/2006	5,291.43	5/26	317.49	5,608.92	I,R	1	145,834	87,500	14,583	21,875	21,875	
Mendonsa,Justin	W/WW	FT	4/27/2016	37.51	4/25	2.25	39.76	I,R	40	82,680	62,010	8,268		12,402	
Huckle, Chris	W/WW	FT	7/14/2000	33.72	7/25	2.02	35.74	I,R	40	74,360	55,770	7,436		11,154	
Oakes, Jason	W/WW	FT	9/27/2021	28.10	10/25	1.69	29.79	I,R	40	61,932	61,932				
Stevens, Trevor	W/WW	FT	12/15/2025	25.20	4/25	1.51	26.71	I,R	40	55,536	55,536				
Peugh,Gregory	Dist. Mgr.	FTE	8/21/2017	9,248.44	8/25	554.91	9,803.34	I,R	1	254,887	127,443	25,489	76,466	25,489	
Hamilton, Justin	W/WW	FT	6/13/2022	28.20	6/25	1.69	29.89	I,R	40	62,192	55,973	6,219			
Overton, James	Utility Mgr	FTE	6/8/2026	6,269.23	8/25	376.15	6,645.38	I,R	1	172,780	129,585	17,278	8,639	17,278	
Scheilding, Robert	W/WW	FT	4/11/2025	41.75	4/26	2.51	44.26	I,R	40	92,040	92,040				
Schellhammer, Donald	Electrician	FT	9/20/2024	44.38	9/26	2.66	47.05	I,R	40	97,864	97,864				
McMillen, Austin	W/WW	FT	11/14/2016	33.08	10/25	1.98	35.06	I,R	40	72,956	54,717	7,296		10,943	
New Field Tech A	W/WW	FT		27.00		1.62	27.00	I,R	40	56,160	42,120		14,040		
New Field Tech B	W/WW	FT		27.00		1.62	27.00	I,R	40	56,160	42,120		14,040		
OVERTIME AND SPECIAL PAY FOR BRIDGE AND WATER/WASTEWATER							90,000	50,000	5,000	30,000	5,000	
															
Candeletti, William	Toll Coll.	PT	10/8/2025	16.50	10/26	1.53	18.03		16	14,976			14,976		
Hubbard, Sabena	Toll Coll.	FT	6/24/2024	18.50	10/26	3.90	22.40	I,R	40	46,592			46,592		
Bryant, Susan	Toll Coll.	PT	11/9/2022	18.03	10/26	1.67	19.70		24	24,596			24,596		
Open	Toll Coll.	PT		16.50	10/26	1.00	17.50		8	8,372			8,372		
Strait, Kelly	Toll Coll.	PT	5/5/2026	16.50	10/26	1.00	17.50		8	7,280			7,280		
Borer, Alan	Toll Coll.	PT	2/6/2024	17.50	10/26	0.00	17.50		16	14,560			14,560		
Woods, Jackie	Toll Coll.	FT	3/24/2026	16.50	10/26	3.59	20.09	I,R	40	41,808			41,808		
Forsythe, Frank	Toll Coll.	PT	10/26/2023	18.03	10/26	1.67	19.70		16	16,380			16,380		
Friedberg, Alan	Toll Coll.	PT	11/9/2021	19.13	10/26	1.77	20.90		16	17,368			17,368		
Hagenberg, William	Toll Coll.	PT	1/21/2003	34.54	10/26	3.07	37.61		16	31,304			31,304		
Dewey, Randy	Toll Coll.	PT	3/24/2025	17.50	10/26	1.62	19.12		16	15,912			15,912		
Hylton, Leonardo	Toll Coll.	FT	8/18/2017	25.78	10/26	1.77	27.55	I,R	40	57,304			57,304		
Keith, Dee	Toll Coll.	PT	4/24/2019	25.21	10/26	1.51	26.72		16	22,256			22,256		
Lumbra, Michael	Bridge Mgr.	FTE	11/28/2016	3,484.56	7/26	209.07	3,693.63	I,R	1	96,034			96,034		
Open	Toll Coll.	PT		16.50	10/26	1.00	17.50		8	7,280			7,280		
Zakrzewski, Thomas	Toll Coll.	PT	1/6/2026	16.50	10/26	1.53	18.03		16	14,976			14,976		
Oberle, Raymond	Toll Coll.	PT	11/8/2012	24.96	10/26	2.30	27.26		16	22,672			22,672		
Open	Toll Coll.	PT		16.50	10/26	1.00	17.50		8	7,280			7,280		
Schaefer, Alan	Toll Coll.	FT	2/1/2024	17.50	10/26	3.81	21.31	I,R	40	44,304			44,304		
Gaboriau, Andre	Toll Coll.	FT	7/12/2024	19.63	10/26	2.77	22.40	I,R	40	46,592			46,592		
Zoutman, Ann	Toll Coll.	PT	2/10/2026	16.50	10/26	1.53	18.03		16	14,976			14,976		
Open	Toll Coll.	PT		16.50	10/26	1.00	17.50		8	7,280			7,280		
Urban, Jessica	Asst. Br Mgr	FT	2/13/2023	28.43	10/26	1.71	30.14	I,R	40	62,660			62,660		
Open	Toll Coll.	PT		16.50	10/26	3.20	19.70		8	8,216			8,216		
Wisniewski, Michael	Toll Coll.	FT	6/2/2022	21.95	10/26	1.82	23.77	I,R	40	49,452			49,452		

2026 - 2027
Annual Budget Distribution	CURRENT

INCREASE BY

AS OF 9-30-26	1%	1%	5%	6%	7%
	w/Bridge $1	w/Bridge $1	w/Bridge $1	w/Bridge $1 

$	103,992
$	57,886
$	142,115
$	52,893
$	38,189
$	137,577
$	78,021
$	70,135
$	58,448
$	52,416
$	240,459
$	58,656
$	163,000
$	86,840
$	92,315
$	68,806

$105,032	$105,032	$109,192	$110,231	$111,271
$58,465	$58,465	$60,781	$61,360	$61,938
$143,536	$143,536	$149,221	$150,642	$152,063
$53,422	$53,422	$55,538	$56,067	$56,596
$38,571	$38,571	$40,098	$40,480	$40,862
$138,953	$138,953	$144,456	$145,832	$147,208
$78,801	$78,801	$81,922	$82,702	$83,482
$70,836	$70,836	$73,641	$74,343	$75,044
$59,032	$59,032	$61,370	$61,955	$62,539
$52,940	$52,940	$55,037	$55,561	$56,085
$242,864	$242,864	$252,482	$254,887	$257,292
$59,243	$59,243	$61,589	$62,175	$62,762
$164,630	$164,630	$171,150	$172,780	$174,410
$87,708	$87,708	$91,182	$92,050	$92,919
$93,238	$93,238	$96,931	$97,854	$98,777
$69,494	$69,494	$72,247	$72,935	$73,623

$	56,160 $
$	56,160 $
$	90,000 $

56,160 $
56,160 $
90,000 $

56,160 $
56,160 $
90,000 $

56,160 $
56,160 $
90,000 $

56,160 $
56,160 $
90,000 $

56,160
56,160
90,000

513

$	13,728
$	38,480
$	22,501
$	6,864
$	6,864
$	14,560
$	34,320
$	15,001
$	15,916
$	28,737
$	14,560
$	53,622
$	20,975
$	90,599
$	6,864
$	13,728
$	20,767
$	6,864
$	36,400
$	40,830
$	13,728
$	6,864
$	59,134
$	6,864
$	45,656

$13,865	$14,976	$14,976	$14,976	$14,976
$38,865	$46,592	$46,592	$46,592	$46,592
$22,726	$24,596	$24,596	$24,596	$24,596
$6,933	$8,372	$8,372	$8,372	$8,372
$6,933	$7,280	$7,280	$7,280	$7,280
$14,706	$14,560	$14,560	$14,560	$14,560
$34,663	$41,808	$41,808	$41,808	$41,808
$15,151	$16,380	$16,380	$16,380	$16,380
$16,075	$17,368	$17,368	$17,368	$17,368
$29,025	$31,304	$31,304	$31,304	$31,304
$14,706	$15,912	$15,912	$15,912	$15,912
$54,159	$57,304	$57,304	$57,304	$57,304
$21,184	$22,256	$22,256	$22,256	$22,256
$91,505	$91,505	$95,128	$96,034	$96,940
$6,933	$7,280	$7,280	$7,280	$7,280
$13,865	$14,976	$14,976	$14,976	$14,976
$20,974	$22,672	$22,672	$22,672	$22,672
$6,933	$7,280	$7,280	$7,280	$7,280
$36,764	$44,304	$44,304	$44,304	$44,304
$41,239	$46,592	$46,592	$46,592	$46,592
$13,865	$14,976	$14,976	$14,976	$14,976
$6,933	$7,280	$7,280	$7,280	$7,280
$59,726	$59,726	$62,091	$62,682	$63,274
$6,933	$8,216	$8,216	$8,216	$8,216
$46,113	$49,452	$49,452	$49,452	$49,452

FY 2027 Budget assumes all highlighted employees receive an increase at inception of fiscal year.

Total Year	  $2,494,567  $1,340,328	$137,745	$897,190	$119,304 	TOTAL=	$
Percent of Total	$ INCREASE=

2,338,495 $
$

2,359,857 $
21,362 $

2,412,052 $
73,557 $

2,478,111 $
139,616 $

2,494,626 $
156,131 $

2,511,141
172,646

	Retirement Contribution	$223,888	Percent	% INCREASE=		0.91%	3.12%	5.79%	6.30%	6.92%	
Bridge Scheduling:		hrs/day	hrs/wk	W/WW Budget	134,033	60%								
6:00am-2:30pm shift	1 supr - 2 coll (7 days per week)	24	168.00	Bridge Budget	64,151	29%	Pension Contributions=	10.0%		
2:00pm-10:30pm shift	1 supr - 2 coll (7 days per week)	24	168.00	General Fund	13,774	6%				
10:00 pm - 6:30 am shift	1 coll (7 days per week)	8	56.00	Stormwater Fund	11,930	5%				
Additional help as needed/special circumstances			121.00	Subtotal=	$223,888	100%				
				Employees Covered by Med. Ins.	23					
				W/WW Budget	17					
				Bridge Budget	6					

Total hours per week*
*Increased by 3 hours/week due to increased traffic on Sunday

Budgeted weekly hours Bridge	552

513.00

Employee Classification for Worker Compensation Insurance (No Overtime included)

Waterworks Operations	1,069,718
Clerical office	730,453
Bridge Operations	604,396

Total=	2,404,567

WATER AND SEWER BUDGET	
	Current FY Capital Improvements:	Cost	

W-1	
RO FEED PUMP CONSTRUCTION/CEI	
$  1,820,000.00	
W-2	Well 5 Acidification	$	150,000.00	
W-3	Pump Station Rehabilitation Approximately 1 every year ($240,000 per PS)	$	240,000.00	
W-4	Vehicle Replacements	$	-	
W-5	Coupon Study	$	45,000.00	
W-6	Paint Admin/ReclaimPS Building/Cl2 Building	$	15,000.00	
W-7	Caustic Pump Skid Rehab/Scrubber equipment	$	35,000.00	
W-8	Cutrine Injection System/Spare VFD for reclaimed PS	$	30,000.00	
W-9	Well 3 & 4 VFD Addition	$	55,000.00	

Current FY Capital Improvements Total=	

$  2,390,000.00	

W-A	
Next 5 Years Capital Improvements

SEE DETAILED CIP

Next 5 Years Capital Improvements Total=	

$	-	

Comments

Well production is decreasing. New well is $850k
PS that all of IE drains to. SCADA needed for flushing IE dead end.

Determines water quality and path forward for Water upgrades in 2030. Needs painting.
Skid is reaching end of life.
Cutrine needed to control Algae in reclaimed ponds. VFD is reaching end of life. New pumps never match existing flow and head, VFD's needed.

BRIDGE BUDGET	

B-1
B-2	Current FY Capital Improvements:

Vehicle Replacements
SunPass System Design, Construction & CEI	

Current FY Capital Improvements Total=	Cost

$	172,000.00
$  1,175,000.00

$  1,347,000.00	

B-A
B-B
B-C	
Next 5 Years Capital Improvements

Replace Parkway/Bridge Lights Vehicle/Equipment Replacement next 5 years	

Next 5 Years Capital Improvements Total=	

TBD
$	-

$	-	

Project Design $690k/Const $4.6M/CEI $470

DCDD FY 2026	
CAPITAL IMPROVEMENTS	

	

GENERAL FUND BUDGET	
Current FY Capital Improvements:

G-1	3 Computer replacements

Current FY Capita	Cost

$	9,000.00

l Improvements Total=	$	9,000.00	

Next 5 Years Capital Improvements

Office Carpet Replacement	$	10,000.00
Conference Room Chairs	$	4,000.00
Conference Room Furniture	$	6,000.00

Next 5 Years Capital Improvements Total=	$	20,000.00	

DCDD FY 2026	
CAPITAL IMPROVEMENTS	

STORMWATER FUND BUDGET	
Current FY Capital Improvements:

S-1	Cleaning and Televising the System S-2

Current FY Capita	Cost

$	50,000.00

l Improvements Total=	$	50,000.00	

Next 5 Years Capital Improvements

S-A	Cleaning and Televising the System	$	250,000.00

Next 5 Years Capital Improvements Total=	$	250,000.00	

DUNES COMMUNITY DEVELOPMENT DISTRICT	
GENERAL FUND BUDGET ASSESSMENT SUMMARY	
FY 2026	
COUNTY TAX YEAR 2025	

MAINTENANCE ASSESSMENT	
TRANSFERS IN	

 PHASE		$		
	464,265	
	0	
	      0	
	   464,265 	

TOTAL REVENUES

SUBTOTAL ADMIN. EXPENDITURES	
SUBTOTAL MAINTENANCE EXPENDITURES	
NON OPERATING REVENUE (EXPENSE)	
TOTAL EXPENDITURES	

338,780	
78,000	
    47,485	
   464,265 	

	2026	2024/25	

ADMINISTRATIVE ASSESSMENT PER UNIT- ALL UNITS-	UNITS	DOLLARS	$/UNIT	$/UNIT	
	3439	$464,265	$135.00	$110.00	
PHASE I & II MAINTENANCE ASSESSMENT PER UNIT	3100	$0	$0.00	$0.00	
PHASE III MAINTENANCE ASSESSMENT PER UNIT	339	$0	$0.00	$0.00	
TOTAL EXPENSES		$464,265	$135.00	$110.00	

PHASE 1 TOTAL PER UNIT/LOT/ACRE	$135.00	$110.00	
PHASE 2 TOTAL PER UNIT/LOT/ACRE	$135.00	$110.00	
PHASE 3 TOTAL PER UNIT/LOT/ACRE	$135.00	$110.00	

	ACTUAL $	
	ASSESSMENT	
ADMINISTRATIVE ASSESSMENT PER UNIT ALL PHASES (3437 units x assessment)	$464,265	
MAINTENANCE ASSESSMENT PER UNIT PHASES 1&2 ONLY (3098 units x assessment)	$0	
TOTAL ACTUAL ASSESSMENT	$464,265	

DCDD VEHICLE/EQUIPMENT REPLACEMENT SCHEDULE

Water/Sewer Fund Vehicles	
NO.	EQUIPMENT	IN SERVICE
DATE	ANTICIPATED REPLACEMENT
CYCLE (YEARS)	ORIGINAL COST	COMMENTS	FY27	FY28	FY29	FY30	FY31	

1	FORD F-450 UTILITY TRUCK W/AUTOCRANE	2019	10	71,000		71,000			
2	FORD F-450 UTILITY TRUCK W/AUTOCRANE	2024	10	84,000					
3	PICKUP TRUCK - 2024 Ford F-250	2024	10	71,000					
4	PICKUP TRUCK - 2020 CHEVY COLORADO (4X4)	2020	10	31,000			31,000		
5	PICKUP TRUCK - Ford F150 Long bed	2018	10	28,000	28,000				
6	PICKUP TRUCK - Chevy 1500 CREW CAB	2021	10	35,000					
7	GATOR 2	2020	10	9,000				16,000	
8	GATOR	09-10	10	11,000	16,000				
9	GENERATOR 1 - Generac* (replaced 24 - run until it dies)	2001	N/A	19,000					
10	60 KW Trailer Generator	2024	20	75,000					
11	PORTABLE PUMP 1 - Godwin	2013	10	36,000					
12	SKIFF MOTOR AND TRAILER - Carolina skiff w/Magic tilt	2009	15+	6,000				25,000	
13	VACTOR TRAILER	2005	N/A	18,000					
14	Wach Valve Turner/Vactor	2021	10	80,000					
15	TOTE TRAILER - BIG TEX 5X8 1 AXLE	2021	10	2,000					
16	JETTER TRAILER - AMERICAN PRIDE/HUSTLER 10'	2016	10	25,000		25,000			
17	TRACKHOE TRAILER	2019	10	7,000			7,000		
18	JOHN DEERE BACKHOE/LOADER	07-08	15	48,000	130,000				
19	MINI TRACKHOE	2019	10	64,000			64,000		
20	PORTABLE PUMP 2 - Godwin for Pump Stations	2024	15	56000					
21	DUMPTRUCK	2019	10	78,000			78,000		
TOTALS=			854,000	-	174,000	96,000	180,000	41,000	

Bridge Fund Vehicles	
NO.	EQUIPMENT	IN SERVICE
DATE	ANTICIPATED REPLACEMENT
CYCLE (YEARS)	ORIGINAL COST	COMMENTS	FY27	FY28	FY29	FY30	FY31	

B-1	PICKUP TRUCK - 2017 GMC SIERRA	2017	10	26,000	Replace w/Tacoma	
B-2	Vacuum Excavator	2026	10	150,000		
B-3	FORD F-450 UTILITY TRUCK W/AUTOCRANE	2027	10		NEW CREW	125,000	
B-4	TOYOTA TACOMA	2027	10			47,000	

TOTALS=	176,000	172,000	-	-	-	-

DCDD PUMP STATION REHABILITATION SCHEDULE

L/S No.	PUMP STATION	IN
SERVICE DATE	ANTICIPATED
COST	COMMENTS	FY27	FY28	FY29	FY30	FY31	

1	Granada Dr.	1990	$	-		
2	Granada Dr. and Vilano Ct.	1990	$	-		
3	Rue Grande Mer	1990	$	-		
4	Camino Del Mar (Main Road)	1990	$	250,000		
5	300 Camino Del Sol (Calle Del Sur)	1990	$	-	Need to Raise	
6	Camino Del Rey ( Triplex )	1990	$	-		
7	La Costa	1995	$	240,000	$ 240,000	
8	Madeira	1991		Rehabbed in 2024	
9	Hammock Dunes Sales Center	1993	$	-		
10	34 Island Estates Parkway	1990	$	-	Rehabbed in 2021	
11	84 Island Estates Parkway	1990	$	-	Rehabbed in 2026	
12	128 Island Estates Parkway	1990		Rehabbed in 2024	
13	172 Island Estates Parkway	1990	$	-	Rehabbed in 2025	
14	San Gabriel	1990	$	-		
15	Ocean Way South (Atlantic)	2000	$	-		
16	Ocean Way North (Cinnamon Beach)	2000	$	-		
17	Northshore Ave	2000	$	-		
18	Ocean Crest Way (C-5)	2000	$	-		
19	Hammock Beach Parkway	2000	$	50,000		
20	North Oceanshore Blvd (A1A)	2000	$	-		
21	Ocean Oaks Lane	2000	$	-		
22	Yacht Harbor Drive North (Entrance)	2000	$	-		
23	Yacht Harbor Drive South (By Condo)	2000	$	-		
24	Island Estates (Pep Tank Guard House)	2000	$	-		

$	250,000

$

50,000

TOTALS=	$	540,000	$ 240,000	$	-	$	250,000	$	50,000	$	-	

DCDD PONY PUMP INSTALLATION SCHEDULE

L/S No.	PUMP STATION	IN
SERVICE DATE	ANTICIPATED
REPLACEMENT FY	ANTICIPATED
COST	COMMENTS	FY27	FY28	FY29	FY30	

19	Hammock Beach Parkway	1990	2026	$
4	Camino Del Mar	2025	$

150,000
150,000

$ 150,000

$ 150,000

$	300,000	$	-	$	-	$ 150,000	$ 150,000	

TOTALS=

E.

Engineer Report

Standby, Emergency Pumps – Lift Station (LS) Rehabilitation

Priority 8 Facilities (2025-26): LS-11, 84 IE Pkwy Status: Approved scope of work and fee proposal from WRB Engineering Inc., purchase order issued. Field survey work was completed 8.22.25. Received updated plans from engineer 12.17.25.
Issued purchase order to Xylem Flygt for equipment pricing proposal dated 1.12.2026 in the amount of $84,500 for pump and panel equipment. Staff completed review of manufacturer’s pump and panel submittal and returned to supplier to begin fabrication. Received tentative schedule for equipment delivery by Xylem for pumps and panels scheduled week of July 6, 2026. Staff received five (5) contractor price proposals on 5.21.2026 in response to District’s forward of requests for quotations to qualified contractors for installation of new pumps, panel equipment, and other station rehabilitation items. The price quotations received ranged from $114,400 to
$209,000 with Central Florida Liftstations, Orange City, FL providing the lowest pricing for the project. COI was received and a PO was issued to Central Florida Liftstations. Shop drawings have been requested and will be reviewed.

Priority 9 Facilities (2026-27): LS-7, La Costa (New) Status: Staff prepared Notice of Interest Form for project application to Flagler County Local Mitigation Steering (LMS) Committee for consideration of the Dunes CDD Pump Station No. 7 Resiliency & Storm Hardening Project. Funding may be available in the amount of
$250,000 associated with the State of Florida Hurricane Loss Mitigation Program (HLMP). The LMS Committee reviewed the project at their 2.20.26 meeting. District received FDEM HLMP Notice of Funding Availability forwarded by Flagler Co. LMS. Staff prepared necessary application, mitigation worksheet, and other information to support the Lift Station No. 7 Resiliency & SCADA Hardening Project and forwarded to FDEM on 3.27.2026 with copy of same to Flagler Co. Staff prepared and forwarded responses to several requests for additional information and eventually received notice from FDEM on 5.14.2026 the Technical Unit determined the expected benefits versus the project cost were not sufficient for the project to be cost-effective using FEMA’s BCA Tool. Staff are continuing to move forward with the project as it is currently included in the FY 2027 Water & Wastewater Budget. PO for engineering services and Xylem pumps and panels will be issued in October.

Reverse Osmosis (RO) Membrane Feed Pump & VFD Modifications Project
The Board approved a Task Order submitted by CDM Smith in June 2025, in the amount of $250,750, for professional engineering services to prepare final plans, contract and permitting documents, and perform bidding services support for the replacement of the existing water treatment plant RO membrane feed pumps. The project includes selection and implementation of variable frequency drives (VFD) and additional electrical upgrades and modifications to support the pump replacements. The project also includes selecting a pump assembly that can be used interchangeably will all 4 RO skids to promote efficiency and reliability with

regards to spare pump assembly and components. Key design considerations discussed were related to pump type selection and evaluation parameters, VFD types and placement options, HVAC considerations for equipment and operations staff, maintenance and operations impact during construction, instrumentation and controls equipment, and schedule. Staff received 30% Design Phase submittal on
12.11.25. Operation staff attended plant visit for Afton pump option used in similar RO application in Oldsmar, FL on 12.17.25. Afton pump is found to be a desirable option for use at the DCDD plant facilities. Reviewed 30% design report and plans with consultant during meeting on 1.07.2026. Staff received quotations for a couple of options for additional operator office components ranging between $20,000 -
$40,000 dependent upon various wall configurations and ceiling load capabilities. Received 60% preliminary design plans and specifications on 12.12.26. Plans review meeting with consultant held on 3.6.26. Received 90% Plans and 60% design review meeting minutes on 3.30.2026 that included comments discussed and incorporated into updated plans set. Staff reviewed 90% Plans and Specifications and held review meeting with design consultant team on 4.21.26. FDEP permit application prepared and submitted to FDEP 4.27.26. Staff received 100% Plans and Specifications on 5.10.2026 and the final plans review meeting was held on 6.8.2026. FDEP provided Engineer and District minor permit review comments.
Minor revisions to the design are in progress. Anticipate receipt of final bid documents by 7.17.2026.
Water / Wastewater/ Stormwater/ CUP Regulatory Activities

Collection System Action Plan has been updated and submitted to FDEP on 6.30.2026. Annual updates to the District’s plan are required by the permit conditions. Tri-annual FDEP WW Facility Inspection is scheduled for 7.30.2026. Plant operations staff has received checklist from FDEP and is addressing items ahead of the inspection.

F.

FISCAL YEAR 2026 TOLL REVENUES	
	REVENUES			VEHICLES TRIPS	$/VEHICLE	
			%	TOTAL	PREVIOUS	% CHANGE		PREVIOUS	% CHANGE			TURN ARND/		
		BRIDGE	CASH/	MONTHLY	YEAR	FROM PRIOR		YEAR	FROM PRIOR		BRIDGE	VIOLATION/		
MONTH	CASH	PASS	BPASS	COLLECTIONS	COLLECTIONS	YEAR	TOTAL	VEHICLES	YEAR	CASH	PASS	EMPLOYEE		
OCTOBER 2025	$	90,911.00	$	115,408.75	78.77%	$	206,319.75	$	170,854.75	20.76%	182,353	167,744	8.71%	29,575	149,700	3,078	$	1.131431	
NOVEMBER 2025	$	89,606.00	$	110,601.25	81.02%	$	200,207.25	$	215,073.50	-6.91%	176,199	184,780	-4.64%	29,266	144,144	2,789	$	1.136256	
DECEMBER 2025	$	95,757.00	$	114,865.25	83.36%	$	210,622.25	$	205,283.50	2.60%	184,011	179,072	2.76%	31,342	149,855	2,814	$	1.144618	
JANUARY 2026	$	83,867.00	$	115,938.00	72.34%	$	199,805.00	$	197,136.50	1.35%	182,502	179,075	1.91%	27,404	151,360	3,738	$	1.094810	
FEBRUARY 2026	$	90,258.00	$	110,866.00	81.41%	$	201,124.00	$	209,221.75	-3.87%	176,938	182,385	-2.99%	29,577	144,700	2,661	$	1.136692	
MARCH 2026	$	124,506.00	$	130,047.25	95.74%	$	254,553.25	$	253,164.00	0.55%	214,154	210,563	1.71%	40,794	169,559	3,801	$	1.188646	
APRIL 2026	$	118,692.00	$	124,706.75	95.18%	$	243,398.75	$	246,706.50	-1.34%	204,323	207,511	-1.54%	38,798	162,338	3,187	$	1.191245	
MAY 2026	$	115,817.00	$	118,905.50	97.40%	$	234,722.50	$	238,308.50	-1.50%	195,603	198,256	-1.34%	37,922	154,344	3,337	$	1.199994	
JUNE 2026	$	123,107.00	$	113,775.00	108.20%	$	236,882.00	$	236,329.50	0.23%	191,043	188,665	1.26%	40,338	147,427	3,278	$	1.239941	
JULY 2026					$	250,008.75	-100.00%	0	196,371	-100.00%					
AUGUST 2026					$	218,278.25	-100.00%	0	182,421	-100.00%					
SEPTEMBER 2026					$	188,696.50	-100.00%	0	167,118	-100.00%					
					$	2,629,062.00			2,243,961						
TOTALS=	$	932,521.00	$  1,055,113.75		$  1,987,634.75			1,707,126			305,016	1,373,427	28,683		
PERCENT OF TOTAL=	46.9%	53.1%		Previous YTD=	$	1,972,078.50	Previous YTD=	1,698,051		17.9%	80.5%	1.7%		
				Increase/Decrease %=	0.79%	Increase/Decrease %=	0.53%						
CURRENT FY AVERAGES=	$	103,613.44	$	117,234.86	88.16%	$	220,848.31			142,261			33,891	152,603	3,187	$	1.1626	
														
12 MONTH PROJECTION=	$  1,243,361.33	$  1,406,818.33		$  2,649,800.70			1,707,126			406,688	1,831,236	38,244		
JUNE 2025	$	124,485.00	$	111,844.50	111.30%	$	236,329.50	$	198,293.46	19.18%	188,665	188,433	0.12%	40,622	144,833	3,210	$	1.252641	
FY 26 BUDGETED PROJECTION=	$	2,725,000													
	12345	=Revised number												

\\DCDD-FILESRV\CompanyShare\Manager'sShared\Bridge\Toll Revenue Collected by MonthToll Revenue Collected by Month
7/1/20263:20 PM	Page 1

G.

DUNES COMMUNITY DEVELOPMENT DISTRICT	
FY 2026 ADDITIONAL BUDGET ITEMS	
										
		FUND CLASSIFICATION		BOARD MEETING		
ITEM	AUTHORIZED EXPENDITURES	GENERAL	BRIDGE	W&S	STORMWATER	TOTAL	CLASSIFICATION	AUTHORIZED/DISCUSSED	NOTES	
										
1	European Village Temporary Fencing		$	6,400.00			$	6,400.00	O&M	10/10/2025		
2	Raise Catch Basin buried by builder 23 IE Pkwy				$	5,150.00	$	5,150.00	Capital	11/14/2025		
3	Equalization Basin Pump Purchase			$	16,000.00		$	16,000.00	Capital	12/12/2025	Premature failure of Pump	
4	Spare rotating assembly and motor for EQ Basin			$	20,500.00		$	20,500.00	Capital	12/12/2025		
5	Transfer pump failed seals (2), motor, spare motor and labor			$15,500.00		$	15,500.00	Capital	2/13/2026	Two seal failures and motor bearings failing.	

6	CL17 Analyzer (rental program), 1 controller, 1 spare controller ( total
est.)			
$11,000.00		
$	11,000.00	
Capital	
2/13/2026	
Failed analyzer and controller	
7	European Village Permanent Gates		$	11,650.00			$	11,650.00	Capital	2/13/2026	Bridge	

8	
WTP Building Repairs			
$	20,233.00		
$	20,233.00	
Capital	
3/13/2026	Door Replacement, Metal Siding Repairs, Holes in
metal siding, Flashing is rotting	

9	
WTP Painting			
$	13,050.00		
$	13,050.00	
Capital	
3/13/2026	Painting High Service Pumps and Train 1 and 2 RO
Frames	
10	10 Year Warranty for Newest Portable Generator			$	3,580.00		$	3,580.00	Capital	3/13/2026		
11	SBR Controls Parts from CL2 Solutions for repairs/spares			$	8,989.00		$	8,989.00	Capital	4/10/2026	DO, TSS Probes, input module	
12	RO Membrane Autopsy			$	6,000.00		$	6,000.00	O&M	4/10/2026	Elevated Chlorides in permeate	
13	Backhoe Repairs			$	7,591.76		$	7,591.76	O&M	4/10/2026	Backhoe needed repairs	
14	Phytoplankton Analysis			$	3,010.00		$	3,010.00	Capital	4/10/2026	Reclaimed Storage Water Quality	
15	42 Ocean Ridge Blvd N -Fixed Faulty 45 degree bend			$	11,982.39		$	11,982.39	O&M	4/10/2026	Caused sewer backups	
16	Well 4 - New Motor and Pump Bowl			$	49,370.00		$	49,370.00	Capital	5/8/2026	Motor Shaft broke	

17	
Two Prominent Chemical Pumps			
$	7,294.52		
$	7,294.52	
Capital	
5/8/2026	Had to replace pumps and used all spares -
anticipate one will be needed.	

18	
Two Rosemount flow meters for wells - Replacement and Spare			
$	12,240.00		
$	12,240.00	
Capital	
5/8/2026	
Well 4 meter failing - need replacement and spare	
19	La Costa Reclaim main repair - 1.5 of concrete under pavers			$	3,500.00		$	3,500.00	O&M	5/8/2026	Reclaim Main Repair/valve/pavers	
20	Plants replaced at front office due to freeze	$	4,983.60				$	4,983.60	O&M	5/8/2026	Replaced Landscape due to freeze	
21	Oak Tree Fertilize Hammock Dunes Parkway		$	15,250.00			$	15,250.00	O&M	6/12/2026		
22	Moss Removed Hammock Dunes Parkway		$	500.00			$	500.00	O&M	6/12/2026		
23	Plants Replaced on Hammock Dunes Parkway		$	8,250.00			$	8,250.00	O&M	6/12/2026		
24	42 Oak View Circle Storm Drain Cleaning				$	5,310.00	$	5,310.00	O&M	6/12/2026		
25	McKim and Creed SBR Allen Bradley Panel View Replacement			$	4,100.00		$	4,100.00	Capital	6/12/2026	WWTP O&M account	
26	Hammock Dunes Pkwy/I.E Storm Drain Cleaning				$17,798.35	$	17,798.35	O&M			
										
	SUB-TOTALS=	$	4,983.60	$	42,050.00	$	213,940.67	$	28,258.35	$	289,232.62				
										
	UPCOMING ITEMS									
i.	Spare VFD for the Reclaimed PS			$	10,000.00		$	10,000.00			Existing VFD is reaching end of life	
ii.						$	-				
						$	-				
	SUB-TOTALS=	$	9,967.20	$	-	$	10,000.00	$	-	$	19,967.20				
										
	GRAND TOTAL ALL IDENTIFIED ITEMS=	$	14,950.80	$	42,050.00	$  223,940.67	$	28,258.35	$	309,199.82				

	POTENTIALLY ABSORBABLE WITH EXISTING BUDGET									
A										
B										
										
	SUB-TOTALS=	$	-	$	-	$	-	$	-	$	-				

\\DCDD-FILESRV\CompanyShare\Manager'sShared\Budget\Additional Budgeted ItemsAdditional Budgeted Items 7/1/20263:08 PM

H.

Dunes
Community Development District

Unaudited Financial Reporting
May 31, 2026

	Table of Contents	

	Balance Sheet

	General Fund

	General Fund Month to Month

	Statement of Net Position

5-6		Statement of Revenues, Expenses and Changes in Net Position-Water and Sewer Fund

	Water and Sewer Fund Month to Month

	Statement of Revenues, Expenses and Changes in Net Position-Bridge Fund

	Bridge Fund Month to Month

	Statement of Revenues, Expenses and Changes in Net Position-Stormwater Fund

12

13-33

34

	Stormwater Fund Month to Month

	Check Run Summary

	Assessment Receipt Schedule

DUNES COMMUNITY DEVELOPMENT DISTRICT
BALANCE SHEET
May 31, 2026

	General
	Fund		
ASSETS:		
Cash	$1,869	
Assessments Receivable	$3,922	
Investments-Raymond James	$32,125	
Investments-SBA	$147,179	
Prepaids	$9,336	
TOTAL ASSETS	$194,430	

LIABILITIES AND FUND BALANCES:
Liabilities:
Accounts Payable	

$4,931	
Due to Other Funds	$6,891	
TOTAL LIABILITIES	$11,822	

Fund Balances:		
Nonspendable:		
Prepaids	$9,336	
Unassigned	$173,272	
TOTAL FUND BALANCES	$182,608	
		
TOTAL LIABILITIES & FUND BALANCE	$194,430	

DUNES COMMUNITY DEVELOPMENT DISTRICT
General Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance For the Period Ended May 31, 2026

EXPENSE CODE	
DESCRIPTION	GENERAL
FUND BUDGET	PRORATED BUDGET
THRU 05/31/26	ACTUAL
THRU 05/31/26	
VARIANCE	

REVENUES:						
001.300.31900.10000	Maintenance Taxes	$464,265	$464,265	$459,800	($4,465)	
001.300.36100.11000	Interest Income	$3,482	$2,321	$2,717	$395	
TOTAL REVENUES		$467,747	$466,586	$462,516	($4,070)	

EXPENDITURES:						
Administrative						
001.310.51300.11000	Supervisor Fees	$14,000	$9,333	$7,600	$1,733	
001.310.51300.21000	FICA Expense	$1,071	$714	$581	$133	
001.310.51300.31100	Engineering/Software Services	$15,000	$10,000	$7,052	$2,948	
001.310.51300.31500	Attorney	$25,000	$16,667	$24,107	($7,440)	
001.310.51300.32000	Collection Fees/Payment Discount	$21,000	$21,000	$25,397	($4,397)	
001.310.51300.32200	Annual Audit	$3,655	$2,437	$1,190	$1,247	
001.310.51300.34000	Management Fees	$10,627	$7,085	$7,085	$0	
001.310.51300.35100	Computer Time	$2,000	$1,333	$1,333	($0)	
001.310.51300.40000	Travel Expenses	$1,000	$667	$447	$220	
001.310.51300.42000	Postage & Express Mail	$5,000	$3,333	$2,541	$792	
001.310.51300.42500	Printing	$2,500	$1,667	$938	$728	
001.310.51300.45000	Insurance	$33,659	$22,439	$18,673	$3,767	
001.310.51300.48000	Advertising Legal & Other	$2,000	$1,333	$135	$1,198	
001.310.51300.49000	Bank Charges	$1,000	$667	$221	$446	
001.310.51300.49100	Contingencies	$9,000	$6,000	$6,309	($309)	
001.310.51300.51000	Office Supplies	$2,000	$1,333	$482	$851	
001.310.51300.54000	Dues, Licenses & Subscriptions	$1,000	$667	$195	$472	
001.320.53800.12000	Salaries	$127,368	$88,178	$86,899	$1,279	
001.320.53800.12100	Consulting Fees	$1,500	$1,000	$0	$1,000	
001.320.53800.21000	FICA Taxes	$11,807	$8,174	$6,357	$1,818	
001.320.53800.22000	Pension Expense	$12,737	$8,818	$9,467	($649)	
001.320.53800.23000	Health Insurance Benefits	$16,526	$11,017	$13,363	($2,345)	
001.320.53800.24000	Workers Comp Insurance	$1,871	$1,247	$1,859	($611)	
001.320.53800.64000	Capital Improvements	$35,000	$33,061	$33,061	$0	
TOTAL ADMINISTRATIVE		$356,321	$258,170	$255,290	$2,879	
General System Maintenance						
001.320.53800.46200	Landscaping	$40,000	$26,667	$21,412	$5,255	
001.320.53800.46000	Building Maintenance	$35,000	$23,333	$21,637	$1,696	
001.320.53800.46300	Tree & Shrub Removal	$2,500	$1,667	$0	$1,667	
001.320.53800.49300	R&R-Equipment	$500	$333	$0	$333	
TOTAL GENERAL SYSTEM MAINTENANCE	$78,000	$52,000	$43,049	$8,951	
					
TOTAL EXPENDITURES	$434,321	$310,170	$298,339	$11,831	
					
Excess (deficiency) of revenues over (under) expenditures	$33,426	$156,416	$164,177	$7,761	

Other Financing Sources/(Uses)					
001.300.36900.10200	Non-Operating Revenue		($33,426) 		($22,284) 		$0 		$22,284 	
TOTAL OTHER FINANCING SOURCES/(USES)		($33,426) 		($22,284) 		$0 		$22,284 	
Net change in fund balance	$0	$134,132	$164,177	$30,045	

FUND BALANCE - BEGINNING	
$0		
$18,431		
FUND BALANCE - ENDING	$0		$182,608		

DUNES COMMUNITY DEVELOPMENT DISTRICT
General Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance For the Period Ended May 31, 2026

	OCTOBER	NOVEMBER	DECEMBER	JANUARY	FEBRUARY	MARCH	APRIL	MAY	JUNE	JULY		AUGUST	SEPTEMBER		
EXPENSE CODE	DESCRIPTION	2025	2025	2025	2026	2026	2026	2026	2026	2026	2026		2026	2026	TOTAL	

REVENUES:															
001.300.31900.10000	Maintenance Taxes	$0	$102,935	$291,342	$28,246	$12,017	$9,086	$12,289	$3,885	$0		$0	$0	$0	$459,800	
001.300.36100.11000	Interest Income	$155	$105	$125	$198	$216	$664	$624	$630	$0		$0	$0	$0	$2,717	
001.300.36900.10000	Miscellaneous Income	$0	$0	$0	$0	$0	$0	$0	$0	$0		$0	$0	$0	$0	
TOTAL REVENUES	$155	$103,040	$291,467	$28,443	$12,234	$9,750	$12,913	$4,515	$0		$0	$0	$0	$462,516	

EXPENDITURES:															
Administrative															
001.310.51300.11000	Supervisor Fees	$1,000	$1,000	$800	$1,000	$1,000	$1,000	$1,000	$800	$0		$0	$0	$0	$7,600	
001.310.51300.21000	FICA Expense	$77	$77	$61	$77	$77	$77	$77	$61	$0		$0	$0	$0	$581	
001.310.51300.31100	Engineering/Software Services	$0	$7,052	$0	$0	$0	$0	$0	$0	$0		$0	$0	$0	$7,052	
001.310.51300.31500	Attorney	$0	$3,850	$5,893	$6,562	$1,735	$3,863	$1,976	$229	$0		$0	$0	$0	$24,107	
001.310.51300.32000	Collection Fees/Payment Discount	$0	$6,094	$17,184	$1,337	$441	$217	$160	($37)	$0		$0	$0	$0	$25,397	
001.310.51300.32200	Annual Audit	$0	$0	$85	$0	$170	$0	$85	$850	$0		$0	$0	$0	$1,190	
001.310.51300.34000	Management Fees	$886	$886	$886	$886	$886	$886	$886	$886	$0		$0	$0	$0	$7,085	
001.310.51300.35100	Computer Time	$167	$167	$167	$167	$167	$167	$167	$167	$0		$0	$0	$0	$1,333	
001.310.51300.40000	Travel Expenses	$0	$0	$447	$0	$0	$0	$0	$0	$0		$0	$0	$0	$447	
001.310.51300.42000	Postage & Express Mail	$281	$289	$300	$338	$348	$251	$344	$390	$0		$0	$0	$0	$2,541	
001.310.51300.42500	Printing	$164	$117	$104	$175	$0	$95	$22	$261	$0		$0	$0	$0	$938	
001.310.51300.45000	Insurance	$2,370	$2,334	$2,334	$2,334	$2,334	$2,334	$2,299	$2,334	$0		$0	$0	$0	$18,673	
001.310.51300.48000	Advertising Legal & Other	$0	$37	$0	$0	$31	$67	$0	$0	$0		$0	$0	$0	$135	
001.310.51300.49000	Bank Charges	$54	$34	$55	$0	$0	$0	$38	$41	$0		$0	$0	$0	$221	
001.310.51300.49100	Contingencies	$823	$725	$725	$745	$786	$786	$786	$932	$0		$0	$0	$0	$6,309	
001.310.51300.51000	Office Supplies	$201	$11	$191	$0	$0	$0	$47	$32	$0		$0	$0	$0	$482	
001.310.51300.54000	Dues, Licenses & Subscriptions	$175	$0	$20	$0	$0	$0	$0	$0	$0		$0	$0	$0	$195	
001.320.53800.12000	Salaries	$10,337	$10,285	$10,676	$10,510	$10,512	$10,550	$9,534	$14,495	$0		$0	$0	$0	$86,899	
001.320.53800.12100	Consulting Fees	$0	$0	$0	$0	$0	$0	$0	$0	$0		$0	$0	$0	$0	
001.320.53800.21000	FICA Taxes	$740	$678	$708	$800	$800	$803	$725	$1,104	$0		$0	$0	$0	$6,357	
001.320.53800.22000	Pension Expense	$918	$919	$1,175	$916	$927	$941	$2,250	$1,421	$0		$0	$0	$0	$9,467	
001.320.53800.23000	Health Insurance Benefits	$1,484	$1,494	$1,494	$2,019	$1,720	$1,717	$1,717	$1,717	$0		$0	$0	$0	$13,363	
001.320.53800.24000	Workers Comp Insurance	$533	$178	$178	$178	$178	$261	$178	$178	$0		$0	$0	$0	$1,859	
001.320.53800.64000	Capital Improvements	$0	$0	$15,153	$15,153	$0	$0	$0	$2,756	$0		$0	$0	$0	$33,061	
TOTAL ADMINISTRATIVE	$20,208	$36,225	$58,634	$43,193	$22,111	$24,013	$22,289	$28,617	$0		$0	$0	$0	$255,290	
General System Maintenance															
001.320.53800.46200	Landscaping	$1,800	$1,800	$1,800	$1,800	$1,800	$1,878	$6,934	$3,600	$0		$0	$0	$0	$21,412	
001.320.53800.46000	Building Maintenance	$3,927	$3,311	$2,207	$2,512	$2,415	$1,987	$2,987	$2,292	$0		$0	$0	$0	$21,637	
001.320.53800.46300	Tree & Shrub Removal	$0	$0	$0	$0	$0	$0	$0	$0	$0		$0	$0	$0	$0	
001.320.53800.49300	R&R-Equipment	$0	$0	$0	$0	$0	$0	$0	$0	$0		$0	$0	$0	$0	
TOTAL GENERAL SYSTEM MAINTENANCE	$5,727	$5,111	$4,007	$4,312	$4,215	$3,865	$9,921	$5,892	$0		$0	$0	$0	$43,049	
															
TOTAL EXPENDITURES	$25,935	$41,336	$62,641	$47,505	$26,326	$27,878	$32,210	$34,509	$0		$0	$0	$0	$298,339	
															
Excess (deficiency) of revenues over (under) expenditures	($25,780)	$61,704	$228,826	($19,062)	($14,092)	($18,128)	($19,297)	($29,994)	$0		$0	$0	$0	$164,177	

Other Financing Sources/(Uses)															
001.300.38100.10000	Interfund Transfer	$0	$0	$0	$0	$0	$0	$0	$0	$0		$0	$0	$0	$0	
001.320.53800.64000	Maintenance Reserves	$0	$0	$0	$0	$0	$0	$0	$0	$0		$0	$0	$0	$0	
TOTAL OTHER FINANCING SOURCES/(USES)	$0	$0	$0	$0	$0	$0	$0	$0	$0		$0	$0	$0	$0	
															
Net change in fund balance	($25,780)	$61,704	$228,826	($19,062)	($14,092)	($18,128)	($19,297)	($29,994)	$0		$0	$0	$0	$164,177	

Page 3

DUNES COMMUNITY DEVELOPMENT DISTRICT
STATEMENT OF NET POSITION - PROPRIETARY FUNDS
May 31, 2026

	Water, Sewer and Effluent Reuse
Enterprise Fund	Intracoastal Waterway Bridge
Enterprise Fund	Stormwater Fee
Enterprise Fund	

Total	
ASSETS:
Current Assets:
Cash and Cash Equivalents: Cash - Operating Account	

$226,683	

$258,165	

$110,376	

$595,223	
Cash - On Hand	---	$2,800	---	$2,800	
Petty Cash	---	$3,331	---	$3,331	
Investments:
State Board - Surplus Funds	
$353,416	
$257,151	
$459,283	
$1,069,850	
Raymond James - Enhanced Savings	$2,364,979	$1,713,715	$342,460	$4,421,154	
Raymond James - Certificate of Deposit	---	$8,082,754	---	$8,082,754	
Raymond James - Money Market Sweep	$625	$0	---	$625	
Receivables
Utility Billing	
$495,236	
---	
---	
$495,236	
Utility Billing-Unbilled AR	$194,500	---	---	$194,500	
FSA Receivable	---	$23,597	---	$23,597	
Due from Other Sources	$0	---	---	$0	
Due from Other Funds	$192	$69,665	$0	$69,857	
Noncurrent Assets: Prepaids	
$51,350	
$76,213	
$9,336	
$136,899	
Deposits	$1,000	---	---	$1,000	
Capital Assets:
Land	
$875,488	
$85,000	
---	
$960,488	
Plant-Expansion (Net)	$2,644,763	---	---	$2,644,763	
Maintenance Building (Net)	$26,213	---	---	$26,213	
Equipment (Net)	$3,866,607	$86,562	---	$3,953,169	
Roadways (Net)	---	$3,497,095	---	$3,497,095	
Bridge Facility (Net)	---	$5,970,246	---	$5,970,246	
Improvements Other than Buildings (Net)	$18,297,857	---	---	$18,297,857	
Construction in Progress	$0	$397,460	---	$397,460	
TOTAL ASSETS	$29,398,908	$20,523,754	$921,454	$50,844,116	

LIABILITIES:
Current Liabilities: Accounts Payable	

$91,358	

$14,976	

$1,481	

$107,816	
Due to Other	---	---	---	$0	
Due to Other Funds	$57,065	$40	$5,860	$62,966	
Due to Pension Fund	---	---	---	$0	
Accrued Wages Payable	---	---	---	$0	
Noncurrent Liabilities: Unearned Revenue	
---	
---	
---	
$0	
Utility Deposits	$0	---	---	$0	
Customer Refunds Due	$0	---	---	$0	
Prepaid Connection Fees	$604,653	---	---	$604,653	
Deferred Toll Revenue	---	$569,288	---	$569,288	
TOTAL LIABILITIES	$753,076	$584,305	$7,341	$1,344,722	

NET POSITION
Net Invested in Capital Assets	

$25,710,928	

$10,036,363	

$0	

$35,747,290	
Restricted for Renewal and Replaccement	$2,534,904	$9,653,086	$0	$12,187,990	
Unrestricted	$400,000	$250,000	$914,113	$1,564,113	
TOTAL NET POSITION	$28,645,832	$19,939,449	$914,113	$49,499,394	

Page 4				

OPERATING REVENUES:
041.300.34300.30000	
Water Revenue	
$1,432,225	
$903,776	
$879,761	
($24,015)	
041.300.34300.50000	Sewer Revenue	$1,194,059	$753,486	$786,999	$33,513	
041.300.34300.76000	Irrigation/Effluent	$2,277,799	$1,437,358	$1,430,003	($7,356)	
041.300.34300.10000	Meter Fees	$25,000	$16,667	$27,168	$10,501	
041.300.34300.10100	Connection Fees - W, S & I (75 units)	$23,000	$16,667	$27,500	$10,833	
041.300.36900.10000	CPC Effluent Agreement	$72,000	$48,000	$0	($48,000)	
041.300.34900.10200	Backflow Preventor/Misc.	$2,504	$1,669	$1,965	$296	
041.300.36900.10000	Misc. Income / Penalty	$20,000	$13,333	$17,931	$4,598	
TOTAL OPERATING REVENUES		$5,046,588	$3,190,957	$3,171,328	($19,629)	

OPERATING EXPENSES						
Administrative 041.310.51300.31100	
Engineering	
$50,000	
$33,333	
$0	
$33,333	
041.310.51300.31500	Attorney	$10,000	$6,667	$1,288	$5,379	
041.310.51300.32200	Annual Audit	$8,170	$5,447	$2,660	$2,787	
041.310.51300.34000	Management Fees	$23,755	$15,837	$15,837	$0	
041.310.51300.40000	Travel Expenses	$16,000	$10,667	$8,515	$2,151	
041.310.51300.42000	Postage & Express Mail	$4,000	$2,667	$3,372	($706)	
041.310.51300.42500	Printing & Mailing Utility Bills	$15,000	$10,000	$8,792	$1,208	
041.310.51300.48000	Advertising Legal & Other	$3,000	$2,000	$2,566	($566)	
041.310.51300.49000	Bank Charges	$1,000	$667	$711	($44)	
041.310.51300.49100	Contingencies	$7,000	$4,667	$3,393	$1,274	
041.310.51300.51000	Office Supplies and Equipment	$13,000	$8,667	$7,238	$1,428	
041.310.51300.54000	Dues, Licenses & Subscriptions	$15,000	$10,000	$9,132	$868	
041.310.51300.54200	Permits Fees WTP & WWTP	$8,000	$5,333	$4,600	$733	
041.310.51300.55000	Land Leases & Easement Fees	$14,000	$9,333	$0	$9,333	
041.310.53600.12000	Salaries, including Overtime	$1,133,760	$755,840	$757,728	($1,888)	
041.310.53600.12100	Consulting Fees	$1,500	$1,000	$0	$1,000	
041.310.53600.21000	FICA Taxes	$104,194	$69,463	$55,709	$13,754	
041.310.53600.22000	Pension Plan	$113,376	$75,584	$65,262	$10,323	
041.310.53600.23000	Insurance Benefits (Medical)	$147,104	$98,069	$106,897	($8,828)	
041.310.53600.24000	Workers Compensation Insurance	$16,653	$11,102	$16,531	($5,429)	
041.310.53600.25000	Unemployment Benefits	$500	$333	$0	$333	
041.310.53600.25000	Bad Debt Expense	$500	$333	$107	$226	
041.310.53600.41000	Telephone	$62,000	$41,333	$36,250	$5,083	
041.310.53600.41002	Payment Processing Service	$18,000	$12,000	$13,222	($1,222)	
041.310.53600.44000	Equipment Rentals & Leases	$10,000	$6,667	$6,197	$469	
041.310.53600.45000	Insurance	$185,125	$123,417	$102,699	$20,717	
041.310.53600.46100	Repair and Maintenance for Vehicles	$20,000	$13,333	$16,894	($3,560)	
041.310.53600.52000	Supplies/Equipment General	$4,000	$2,667	$2,288	$379	
041.310.53600.52010	Tools	$20,000	$13,333	$1,796	$11,537	
041.310.53600.52055	Uniforms/Supplies/Services	$16,000	$10,667	$15,987	($5,321)	
041.310.53600.52100	Fuel for Vehicles	$4,000	$2,667	$8,203	($5,536)	
041.310.53600.54100	Training & Travel Expenses	$6,000	$4,000	$3,109	$891	
TOTAL ADMINISTRATIVE		$2,050,637	$1,367,091	$1,276,981	$90,110	

Water System		
041.320.53600.34800	Water Quality Testing	$25,000	$16,667	$18,278	($1,611)	
041.320.53600.43000	Electric	$149,000	$99,333	$94,158	$5,175	
041.320.53600.43100	Bulk Water Purchases	$20,000	$13,333	$56	$13,277	
041.320.53600.44000	Equipment Rentals & Leases	$500	$333	$0	$333	
041.320.53600.46000	Plant Maintenance Repair and Equipment	$260,000	$173,333	$152,130	$21,203	
041.320.53600.46050	Distribution System Maintenance Repair and Equip.	$50,000	$33,333	$22,073	$11,260	
041.320.53600.52000	Plant Operating Supplies	$23,000	$15,333	$12,146	$3,187	
041.320.53600.52200	Chlorine & Other Chemicals	$385,250	$256,833	$253,050	$3,784	
041.320.53600.61000	Meters New & Replacement	$60,000	$40,000	$62,075	($22,075)	
TOTAL WATER SYSTEM		$972,750	$648,500	$613,966	$34,534	

Sewer System						
041.330.53600.34800	Water Quality Testing	$28,000	$18,667	$14,586	$4,081	
041.330.53600.34900	Sludge Disposal	$190,000	$126,667	$77,636	$49,031	
041.330.53600.43000	Electric	$115,000	$76,667	$50,978	$25,689	
041.330.53600.44000	Equipment Rentals & Leases	$500	$333	$0	$333	
041.330.53600.46000	Plant Maintenance Repair and Equipment	$190,000	$126,667	$132,129	($5,462)	
041.330.53600.46050	Collection System Maintenance Repair and Equip.	$25,000	$16,667	$22,544	($5,877)	
041.330.53600.46075	Lift Station Repair and Maintenance	$50,000	$33,333	$16,036	$17,297	
041.330.53600.52000	Plant Operating Supplies	$12,000	$8,000	$8,391	($391)	
041.330.53600.52200	Chlorine & Other Chemicals	$50,000	$33,333	$81,236	($47,903)	
TOTAL SEWER SYSTEM		$660,500	$440,333	$403,536	$36,798	

Irrigation System						
041.340.53600.34800	Water Quality Testing	$500	$333	$0	$333	
041.340.53600.43000	Electric	$70,000	$46,667	$42,061	$4,606	
041.340.53600.43300	Effluent (Reclaimed Water) Purchases	$220,000	$146,667	$112,904	$33,763	
041.340.53600.44000	Equipment Rentals & Leases	$35,000	$23,333	$16,095	$7,238	
041.340.53600.46000	Plant Maintenance Repair and Equipment	$140,000	$93,333	$38,414	$54,920	
041.340.53600.46050	Distribution System Maintenance Repair/Equip.	$30,000	$20,000	$15,951	$4,049	
041.340.53600.61000	Meters New & Replacement	$50,000	$33,333	$2,696	$30,637	
TOTAL IRRIGATION SYSTEM		$545,500	$363,667	$228,121	$135,546	
						
TOTAL OPERATING EXPENSES		$4,229,387	$2,819,591	$2,522,603	$296,988	
						
OPERATING INCOME (LOSS)		$817,201	$371,366	$648,724	$277,358	

NON OPERATING REVENUE (EXPENSES)	
041.300.36900.10200	Non Operating Revenue	$437,862	$291,908	$0	($291,908)	
041.300.33700.30000	FEMA Funding	$0	$0	$27,020	$27,020	
041.300.22300.10000	Connection Fees - W/S	($22,000)	($14,667)	$0	$14,667	
041.300.36100.10000	Interest Income	$60,000	$40,000	$59,341	$19,341	
041.310.51300.64000	Capital Improvements	($1,293,063)	($862,042)	($530,374)	$331,668	
TOTAL NON OPERATING REVENUE (EXPENSES)	($817,201)	($544,801)	($444,012)	$100,788	
					
CHANGE IN NET POSITION	$0	($173,435)	$204,712	$378,146	

TOTAL NET POSITION - BEGINNING	
$0		
	$28,441,120 		
TOTAL NET POSITION - ENDING	$0		$28,645,832		

	OCTOBER	NOVEMBER	DECEMBER	JANUARY	FEBRUARY	MARCH	APRIL	MAY	JUNE	JULY	AUGUST	SEPTEMBER		
EXPENDITURE CODE	DESCRIPTION	2025	2025	2025	2026	2026	2026	2026	2026	2026	2026	2026	2026	TOTAL	

OPERATING REVENUES:															
$95,097	$109,221	$110,072	$108,221	$108,901	$105,488	$128,058	$114,704	$0	$0	$0	$0	$879,761	
$83,767	$97,666	$99,674	$97,823	$96,641	$95,279	$113,281	$102,867	$0	$0	$0	$0	$786,999	
$151,494	$205,344	$206,364	$178,741	$143,936	$148,451	$186,146	$209,527	$0	$0	$0	$0	$1,430,003	
$4,341	$1,271	$4,122	$1,140	$1,140	$9,559	$5,262	$333	$0	$0	$0	$0	$27,168	
$0	$0	$9,000	$0	$0	$10,500	$8,000	$0	$0	$0	$0	$0	$27,500	
$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	
$393	$0	$262	$131	$131	$655	$393	$0	$0	$0	$0	$0	$1,965	
$1,846	$2,205	$4,424	$1,329	$2,014	$1,088	$3,260	$1,765	$0	$0	$0	$0	$17,931	
$336,939	$415,707	$433,918	$387,385	$352,762	$371,020	$444,400	$429,196	$0	$0	$0	$0	$3,171,328	

OPERATING EXPENSES															
Administrative 041.310.51300.31100	
Engineering	
$0	
$0	
$0	
$0	
$0	
$0	
$0	
$0	
$0	
$0	
$0	
$0	
$0	
041.310.51300.31500	Attorney	$0	$0	$0	$0	$0	$1,288	$0	$0	$0	$0	$0	$0	$1,288	
041.310.51300.32200	Annual Audit	$0	$0	$190	$0	$380	$0	$190	$1,900	$0	$0	$0	$0	$2,660	
041.310.51300.34000	Management Fees	$1,980	$1,980	$1,980	$1,980	$1,980	$1,980	$1,980	$1,980	$0	$0	$0	$0	$15,837	
041.310.51300.40000	Travel Expenses	$800	$800	$1,163	$800	$800	$800	$800	$2,552	$0	$0	$0	$0	$8,515	
041.310.51300.42000	Postage & Express Mail	$219	$429	$503	$507	$180	$223	$640	$672	$0	$0	$0	$0	$3,372	
041.310.51300.42500	Printing & Mailing Utility Bills	$1,154	$1,153	$0	$2,257	$1,148	$1,141	$1,140	$799	$0	$0	$0	$0	$8,792	
041.310.51300.48000	Advertising Legal & Other	$0	$854	$518	$0	$678	$516	$0	$0	$0	$0	$0	$0	$2,566	
041.310.51300.49000	Bank Charges	$17	$51	$154	$103	$94	$58	$102	$132	$0	$0	$0	$0	$711	
041.310.51300.49100	Contingencies	$155	$349	$470	$972	$242	$90	$496	$619	$0	$0	$0	$0	$3,393	
041.310.51300.51000	Office Supplies and Equipment	$974	$494	$687	$1,014	$723	$671	$1,443	$1,232	$0	$0	$0	$0	$7,238	
041.310.51300.54000	Dues, Licenses & Subscriptions	$1,176	$910	$1,955	$343	$3,205	$148	$1,089	$306	$0	$0	$0	$0	$9,132	
041.310.51300.54200	Permits Fees WTP & WWTP	$0	$0	$4,600	$0	$0	$0	$0	$0	$0	$0	$0	$0	$4,600	
041.310.51300.55000	Land Leases & Easement Fees	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	
041.310.53600.12000	Salaries, including Overtime	$86,976	$85,904	$86,905	$92,412	$88,928	$87,401	$91,466	$137,736	$0	$0	$0	$0	$757,728	
041.310.53600.21000	FICA Taxes	$6,322	$5,882	$5,972	$6,957	$6,690	$6,573	$6,886	$10,426	$0	$0	$0	$0	$55,709	
041.310.53600.22000	Pension Plan	$7,283	$7,205	$7,387	$7,591	$7,478	$7,373	$9,045	$11,900	$0	$0	$0	$0	$65,262	
041.310.53600.23000	Insurance Benefits (Medical)	$12,738	$12,941	$12,956	$11,550	$13,260	$15,189	$14,132	$14,132	$0	$0	$0	$0	$106,897	
041.310.53600.24000	Workers Compensation Insurance	$4,737	$1,579	$1,579	$1,579	$1,579	$2,321	$1,579	$1,579	$0	$0	$0	$0	$16,531	
041.310.53600.25000	Unemployment Benefits	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	
041.310.53600.25000	Bad Debt Expense	$0	$0	$0	$107	$0	$0	$0	$0	$0	$0	$0	$0	$107	
041.310.53600.41000	Telephone	$4,722	$4,472	$4,626	$4,522	$4,479	$4,690	$4,463	$4,276	$0	$0	$0	$0	$36,250	
041.310.53600.41002	Payment Processing Service	$1,620	$1,647	$1,670	$1,739	$1,674	$1,618	$1,608	$1,645	$0	$0	$0	$0	$13,222	
041.310.53600.44000	Equipment Rentals & Leases	$631	$643	$611	$601	$1,116	$710	$1,056	$830	$0	$0	$0	$0	$6,197	
041.310.53600.45000	Insurance	$13,033	$12,837	$12,837	$12,837	$12,837	$12,837	$12,642	$12,837	$0	$0	$0	$0	$102,699	
041.310.53600.46100	Repair and Maintenance for Vehicles	$482	$3,701	$516	$0	$0	$139	$8,789	$3,266	$0	$0	$0	$0	$16,894	
041.310.53600.52000	Supplies/Equipment General	$1,267	$14	$447	$66	$117	$34	$175	$169	$0	$0	$0	$0	$2,288	
041.310.53600.52010	Tools	$250	$0	$0	$1,386	$0	$130	$0	$30	$0	$0	$0	$0	$1,796	
041.310.53600.52055	Uniforms/Supplies/Services	$13,832	$319	$595	$522	$0	$576	$144	$0	$0	$0	$0	$0	$15,987	
041.310.53600.52100	Fuel for Vehicles	$890	$832	$1,211	$714	$740	$746	$1,429	$1,641	$0	$0	$0	$0	$8,203	
041.310.53600.54100	Training & Travel Expenses	$0	$0	$412	$300	$0	$250	$1,649	$498	$0	$0	$0	$0	$3,109	
TOTAL ADMINISTRATIVE		$161,257	$144,997	$149,943	$150,857	$148,327	$147,503	$162,942	$211,156	$0	$0	$0	$0	$1,276,981	

041.300.34300.30000	Water Revenue	
041.300.34300.50000	Sewer Revenue	
041.300.34300.76000	Irrigation/Effluent	
041.300.34300.10000	Meter Fees	
041.300.34300.10100	Connection Fees - W, S & I (75 units)	
041.300.36900.10000	CPC Effluent Agreement	
041.300.34900.10200	Backflow Preventor/Misc.	
041.300.36900.10000	Misc. Income / Penalty	
TOTAL OPERATING REV	ENUES	

	OCTOBER	NOVEMBER	DECEMBER	JANUARY	FEBRUARY	MARCH	APRIL	MAY	JUNE	JULY	AUGUST	SEPTEMBER		
EXPENDITURE CODE	DESCRIPTION	2025	2025	2025	2026	2026	2026	2026	2026	2026	2026	2026	2026	TOTAL	

Water System
041.320.53600.34800	Water Quality Testing	

$1,041	

$461	

$897	

$2,784	

$4,080	

$6,715	

$1,454	

$847	

$0	

$0	

$0	

$0	

$18,278	
041.320.53600.43000	Electric	$10,533	$10,605	$11,411	$11,722	$12,839	$12,368	$12,521	$12,159	$0	$0	$0	$0	$94,158	
041.320.53600.43100	Bulk Water Purchases	$8	$6	$7	$7	$7	$7	$7	$7	$0	$0	$0	$0	$56	
041.320.53600.44000	Equipment Rentals & Leases	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	
041.320.53600.46000	Plant Maintenance Repair and Equipment	$30,914	$15,170	$12,827	$3,785	$10,226	$34,274	$20,503	$24,430	$0	$0	$0	$0	$152,130	
041.320.53600.46050	Distribution System Maintenance Repair and Eq	$0	$3,570	$1,875	$2,869	$2,204	$3,360	$245	$7,950	$0	$0	$0	$0	$22,073	
041.320.53600.52000	Plant Operating Supplies	$4,185	$4,311	$1,811	$132	$134	$78	$1,308	$188	$0	$0	$0	$0	$12,146	
041.320.53600.52200	Chlorine & Other Chemicals	$38,287	$29,922	$35,078	$28,684	$31,356	$30,918	$37,913	$20,892	$0	$0	$0	$0	$253,050	
041.320.53600.61000	Meters New & Replacement	$0	$8,499	$6,429	$17,700	$11,250	$0	$850	$17,346	$0	$0	$0	$0	$62,075	
TOTAL WATER SYSTEM	$84,968	$72,545	$70,335	$67,683	$72,096	$87,719	$74,801	$83,818	$0	$0	$0	$0	$613,966	

Sewer System
041.330.53600.34800	Water Quality Testing	

$1,353	

$1,059	

$1,708	

$2,976	

$1,218	

$1,324	

$1,220	

$3,726	

$0	

$0	

$0	

$0	

$14,586	
041.330.53600.34900	Sludge Disposal	$16,956	$0	$0	$22,040	$0	$19,587	$0	$19,052	$0	$0	$0	$0	$77,636	
041.330.53600.43000	Electric	$6,567	$6,416	$6,082	$6,320	$6,697	$6,177	$6,431	$6,288	$0	$0	$0	$0	$50,978	
041.330.53600.44000	Equipment Rentals & Leases	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	
041.330.53600.46000	Plant Maintenance Repair and Equipment	$15,816	$31,744	$12,003	$14,767	$21,221	$16,404	$6,719	$13,455	$0	$0	$0	$0	$132,129	
041.330.53600.46050	Collection System Maintenance Repair and Equi	$0	$4,130	$0	$37	$15,621	$0	$0	$2,756	$0	$0	$0	$0	$22,544	
041.330.53600.46075	Lift Station Repair and Maintenance	$0	$3,482	$7,550	$1,395	$1,098	$2,510	$0	$0	$0	$0	$0	$0	$16,036	
041.330.53600.52000	Plant Operating Supplies	$793	$4,412	$664	$132	$692	$123	$302	$1,274	$0	$0	$0	$0	$8,391	
041.330.53600.52200	Chlorine & Other Chemicals	$4,857	$5,336	$2,141	$3,456	$7,226	$33,494	$9,187	$15,540	$0	$0	$0	$0	$81,236	
TOTAL SEWER SYSTEM	$46,342	$56,580	$30,146	$51,123	$53,774	$79,619	$23,860	$62,091	$0	$0	$0	$0	$403,536	

Irrigation System
041.340.53600.34800	Water Quality Testing	

$0	

$0	

$0	

$0	

$0	

$0	

$0	

$0	

$0	

$0	

$0	

$0	

$0	
041.340.53600.43000	Electric	$4,488	$5,276	$5,604	$5,249	$0	$10,439	$5,497	$5,508	$0	$0	$0	$0	$42,061	
041.340.53600.43300	Effluent (Reclaimed Water) Purchases	$21,396	$20,201	$24,536	$0	$177	$83	$24,099	$22,411	$0	$0	$0	$0	$112,904	
041.340.53600.44000	Equipment Rentals & Leases	$2,318	$2,318	$0	$0	$2,318	$3,235	$2,878	$3,030	$0	$0	$0	$0	$16,095	
041.340.53600.46000	Plant Maintenance Repair and Equipment	$2,166	$8,011	$4,804	$7,546	$7,548	$3,434	$1,669	$3,236	$0	$0	$0	$0	$38,414	
041.340.53600.46050	Distribution System Maintenance Repair/Equip.	$0	$4,639	$5,407	$37	$0	$5,313	$556	$0	$0	$0	$0	$0	$15,951	
041.340.53600.61000	Meters New & Replacement	$0	$0	$2,696	$0	$0	$0	$0	$0	$0	$0	$0	$0	$2,696	
TOTAL IRRIGATION SYSTEM	$30,368	$40,445	$43,046	$12,831	$10,042	$22,504	$34,699	$34,186	$0	$0	$0	$0	$228,121	
														
OPERATING INCOME (LOSS) BEFORE RESERVES	$14,004	$101,140	$140,448	$104,891	$68,523	$33,674	$148,099	$37,945	$0	$0	$0	$0	$648,724	
														
TOTAL OPERATING EXPENSES	$322,935	$314,567	$293,471	$282,494	$284,239	$337,346	$296,301	$391,251	$0	$0	$0	$0	$2,522,603	
														
OPERATING INCOME (LOSS)	$14,004	$101,140	$140,448	$104,891	$68,523	$33,674	$148,099	$37,945	$0	$0	$0	$0	$648,724	

NON OPERATING REVENUE (EXPENSES)														
041.300.36900.10200	Non Operating Revenue - Capital Expansion	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	
041.300.33700.30000	Grant Income	$0	$0	$0	$0	$26,395	$0	$625	$0	$0	$0	$0	$0	$27,020	
041.300.22300.10000	Connection Fees - W/S	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	
041.300.36100.10000	Interest Income	$8,553	$7,219	$7,168	$7,247	$6,579	$7,678	$7,345	$7,554	$0	$0	$0	$0	$59,341	
041.310.51300.64000	Capital Improvements	($45,008)	$0	($109,904)	($99,460)	$0	($235,476)	($35,703)	($4,822)	$0	$0	$0	$0	($530,374)	
TOTAL NON OPERATING REVENUE (EXPENSES)	($36,456)	$7,219	($102,736)	($92,213)	$32,974	($227,799)	($27,734)	$2,732	$0	$0	$0	$0	($444,012)	
														
CHANGE IN NET POSITION	($22,451)	$108,359	$37,711	$12,677	$101,497	($194,125)	$120,366	$40,677	$0	$0	$0	$0	$204,712	

DUNES COMMUNITY DEVELOPMENT DISTRICT
Bridge Fund - Proprietary Fund
Statement of Revenues, Expenses and Changes in Net Position
For the Period Ended May 31, 2026

EXPENSE CODE	
DESCRIPTION	BRIDGE FUND BUDGET	PRORATED BUDGET THRU 05/31/26	ACTUAL THRU 05/31/26	
VARIANCE	

OPERATING REVENUES:						
042.300.34900.10000	Toll Collections/Book Sales	$2,725,000	$1,816,667	$1,783,901	($32,766)	
042.300.36900.10000	Miscellaneous Income	$35,000	$23,333	$38,131	$14,797	
TOTAL OPERATING REVENUES		$2,760,000	$1,840,000	$1,822,032	($17,968)	

OPERATING EXPENSES						
Administrative						
042.310.51300.31100	Engineering	$5,000	$3,333	$0	$3,333	
042.310.51300.31500	Attorney	$5,000	$3,333	$0	$3,333	
042.310.51300.32200	Annual Audit	$6,235	$4,157	$2,030	$2,127	
042.310.51300.34000	Management Fees	$18,129	$12,086	$12,086	($0)	
042.310.51300.49000	Bank Charges	$3,000	$2,000	$4,898	($2,898)	
042.310.51300.49100	Contingencies	$5,000	$3,333	$1,492	$1,841	
TOTAL ADMINISTRATIVE		$42,364	$28,243	$20,506	$7,736	

Toll Facility						
042.320.54900.12000	Salaries	$839,762	$581,374	$541,701	$39,673	
042.320.54900.12100	Consulting Fees	$1,500	$1,038	$0	$1,038	
042.320.54900.21000	FICA Taxes	$73,597	$50,952	$40,392	$10,560	
042.320.54900.22000	Pension Plan	$60,394	$41,811	$35,643	$6,168	
042.320.54900.23000	Insurance Benefits (Medical)	$78,361	$52,241	$60,024	($7,783)	
042.320.54900.24000	Workers Compensation Insurance	$8,871	$5,914	$8,806	($2,892)	
042.320.54900.34300	Contractual Support	$124,970	$83,313	$32,449	$50,864	
042.320.54900.34500	Payroll Processing Fee	$40,000	$26,667	$27,623	($956)	
042.320.54900.34600	Credit Card Processing Fee	$58,000	$38,667	$58,799	($20,132)	
042.320.54900.40000	Travel Expenses	$500	$333	$0	$333	
042.320.54900.41000	Telephone	$15,000	$10,000	$10,637	($637)	
042.320.54900.42500	Printing	$6,000	$4,000	$3,786	$214	
042.320.54900.43000	Utility Services	$28,000	$18,667	$10,915	$7,752	
042.320.54900.45000	Insurance	$168,295	$112,197	$93,363	$18,834	
042.320.54900.46000	Repairs & Maintenance	$130,000	$86,667	$62,178	$24,489	
042.320.54900.46002	Repairs & Maintenance-Parkway	$200,000	$133,333	$179,011	($45,677)	
042.320.54900.46100	DOT mandated Bridge Inspection (Required in 2025)	$0	$0	$0	$0	
042.320.54900.51000	Office Supplies	$6,000	$4,000	$1,478	$2,522	
042.320.54900.52000	Operating Supplies	$22,000	$14,667	$9,716	$4,950	
TOTAL TOLL FACILITY		$1,861,250	$1,265,840	$1,176,519	$89,320	
						
TOTAL OPERATING EXPENSES		$1,903,613	$1,294,082	$1,197,026	$97,057	
						
OPERATING INCOME (LOSS)		$856,387	$545,918	$625,006	$79,088	

NON OPERATING REVENUE (EXPENSES)	
042.300.36900.10200	Non Operating Revenue - Capital Expansion	($971,387)	($647,591)	$0	$647,591	
042.300.36100.11000	Interest Income	$280,000	$186,667	$204,508	$17,841	
042.320.54900.64000	Capital Improvements	($140,000)	($93,333)	($711,821)	($618,488)	
042.310.51300.60002	Parkway Capital Expenditures	($25,000)	($16,667)	$0	$16,667	
TOTAL NON OPERATING REVENUE (EXPENSES)	($856,387)	($570,924)	($507,313)	$63,611	
					
CHANGE IN NET POSITION	$0	($25,006)	$117,693	$142,700	

TOTAL NET POSITION - BEGINNING	
$0		
$19,821,756		
TOTAL NET POSITION - ENDING	$0		$19,939,449		

Page 9

DUNES COMMUNITY DEVELOPMENT DISTRICT
Bridge Fund - Proprietary Fund
Statement of Revenues, Expenses and Changes in Net Position
For the Period Ended May 31, 2026

	OCTOBER	NOVEMBER	DECEMBER	JANUARY	FEBRUARY	MARCH	APRIL	MAY	JUNE	JULY	AUGUST	SEPTEMBER		
EXPENSE CODE	DESCRIPTION	2025	2025	2025	2026	2025	2025	2025	2025	2025	2025	2025	2025	TOTAL	

OPERATING REVENUES:															
042.300.34900.10000	Toll Collections/Book Sales	$209,942	$203,666	$214,661	$204,691	$208,571	$261,367	$245,241	$235,762	$0	$0	$0	$0	$1,783,901	
042.300.36900.10000	Miscellaneous Income	$299	$299	$35,327	$1,519	$103	$347	$103	$133	$0	$0	$0	$0	$38,131	
TOTAL OPERATING REVENUES		$210,241	$203,965	$249,988	$206,210	$208,674	$261,714	$245,345	$235,895	$0	$0	$0	$0	$1,822,032	

OPERATING EXPENSES															
Administrative															
042.310.51300.31100	Engineering	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	
042.310.51300.31500	Attorney	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	
042.310.51300.32200	Annual Audit	$0	$0	$145	$0	$290	$0	$145	$1,450	$0	$0	$0	$0	$2,030	
042.310.51300.34000	Management Fees	$1,511	$1,511	$1,511	$1,511	$1,511	$1,511	$1,511	$1,511	$0	$0	$0	$0	$12,086	
042.310.51300.49000	Bank Charges	$484	$626	$582	$591	$537	$605	$781	$692	$0	$0	$0	$0	$4,898	
042.310.51300.49100	Contingencies	$109	$149	$318	$315	$57	$211	$150	$183	$0	$0	$0	$0	$1,492	
TOTAL ADMINISTRATIVE		$2,104	$2,286	$2,556	$2,417	$2,395	$2,327	$2,587	$3,835	$0	$0	$0	$0	$20,506	

Toll Facility															
042.320.54900.12000	Salaries	$62,615	$67,476	$63,688	$69,906	$63,342	$61,404	$63,885	$89,385	$0	$0	$0	$0	$541,701	
042.320.54900.21000	FICA Taxes	$4,663	$4,698	$4,600	$5,265	$4,835	$4,686	$4,820	$6,825	$0	$0	$0	$0	$40,392	
042.320.54900.22000	Pension Plan	$3,893	$4,130	$4,436	$4,386	$3,928	$3,993	$5,267	$5,610	$0	$0	$0	$0	$35,643	
042.320.54900.23000	Insurance Benefits (Medical)	$5,142	$6,887	$6,415	$9,258	$8,080	$8,080	$8,080	$8,080	$0	$0	$0	$0	$60,024	
042.320.54900.24000	Workers Compensation Insurance	$2,523	$841	$841	$841	$841	$1,236	$841	$841	$0	$0	$0	$0	$8,806	
042.320.54900.34300	Contractual Support	$3,253	$3,955	$5,659	$4,009	$4,003	$4,131	$4,213	$3,226	$0	$0	$0	$0	$32,449	
042.320.54900.34500	Payroll Processing Fee	$3,640	$3,447	$3,165	$3,687	$3,447	$3,212	$3,452	$3,574	$0	$0	$0	$0	$27,623	
042.320.54900.34600	Credit Card Processing Fee	$7,957	$7,225	$6,731	$7,230	$6,698	$6,784	$8,228	$7,945	$0	$0	$0	$0	$58,799	
042.320.54900.40000	Travel Expenses	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	
042.320.54900.41000	Telephone	$1,303	$1,314	$1,314	$1,314	$1,314	$1,360	$1,360	$1,360	$0	$0	$0	$0	$10,637	
042.320.54900.42500	Printing	$0	$1,983	$0	$0	$1,803	$0	$0	$0	$0	$0	$0	$0	$3,786	
042.320.54900.43000	Utility Services	$2,934	$1,091	$1,197	$1,346	$1,172	$1,121	$919	$1,135	$0	$0	$0	$0	$10,915	
042.320.54900.45000	Insurance	$14,182	$11,670	$9,336	$11,670	$11,670	$11,670	$11,493	$11,670	$0	$0	$0	$0	$93,363	
042.320.54900.46000	Repairs & Maintenance	$6,963	$4,832	$8,554	$16,514	$8,141	$7,351	$4,226	$5,597	$0	$0	$0	$0	$62,178	
042.320.54900.46002	Repairs & Maintenance-Parkway	$11,533	$12,213	$52,644	$12,627	$8,762	$33,878	$32,076	$15,277	$0	$0	$0	$0	$179,011	
042.320.54900.46100	DOT mandated Bridge Inspection (Required in 2023)	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	
042.320.54900.51000	Office Supplies	$0	$0	$0	$0	$0	$78	$477	$924	$0	$0	$0	$0	$1,478	
042.320.54900.52000	Operating Supplies	$2,165	$550	$1,033	$1,426	$1,511	$1,542	$841	$649	$0	$0	$0	$0	$9,716	
TOTAL TOLL FACILITY		$132,767	$132,312	$169,614	$149,479	$129,547	$150,526	$150,176	$162,098	$0	$0	$0	$0	$1,176,519	
															
TOTAL OPERATING EXPENSES		$134,870	$134,598	$172,171	$151,896	$131,942	$152,853	$152,763	$165,933	$0	$0	$0	$0	$1,197,026	
															
OPERATING INCOME (LOSS)		$75,371	$69,367	$77,818	$54,314	$76,732	$108,860	$92,582	$69,962	$0	$0	$0	$0	$625,006	

NON OPERATING REVENUE (EXPENSES)															
042.300.36100.11000	Interest Income	$25,669	$34,709	$38,361	$5,517	$9,976	$12,126	$15,407	$62,743	$0	$0	$0	$0	$204,508	
042.320.54900.64000	Capital Improvements	($535,324)	($138,353)	($8,563)	($19,872)	($2,493)	($7,216)	$0	$0	$0	$0	$0	$0	($711,821)	
042.310.51300.60002	Parkway Capital Expenditures	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	
042.300.38300.10000	Intergovernmental Transfer	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	
042.300.38100.10000	Transfer to General Fund	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	
TOTAL NON OPERATING REVENUE (EXPENSES)	($509,655)	($103,644)	$29,798	($14,355)	$7,483	$4,910	$15,407	$62,743	$0	$0	$0	$0	($507,313)	
														
CHANGE IN NET POSITION	($434,284)	($34,277)	$107,616	$39,959	$84,215	$113,770	$107,988	$132,705	$0	$0	$0	$0	$117,693	

Page 10

DUNES COMMUNITY DEVELOPMENT DISTRICT
Stormwater Fee Fund - Proprietary Fund
Statement of Revenues, Expenses and Changes in Net Position
For the Period Ended May 31, 2026

EXPENSE CODE	
DESCRIPTION	STORMWATER FUND BUDGET	PRORATED BUDGET THRU 05/31/26	ACTUAL THRU 05/31/26	
VARIANCE	

OPERATING REVENUES:
043.300.34300.90000	

Stormwater Fees	

$469,536	

$313,024	

$316,189	

$3,165	
043.300.34300.90000	Stormwater Fees-(Outside District)	$2,700	$2,700	$2,938	$238	
043.300.36900.10000	Miscellaneous Income	$0	$0	$0	$0	
TOTAL OPERATING REVENUES		$472,236	$315,724	$319,127	$3,403	

OPERATING EXPENSES
Administrative 043.310.51300.31100	

Engineering/Software Services	

$25,000	

$16,667	

$0	

$16,667	
043.310.51300.31500	Attorney	$5,000	$3,333	$0	$3,333	
043.310.51300.32000	Collection Fees, Uncollectable & Early Payment Discount	$1,000	$667	$0	$667	
043.310.51300.32200	Annual Audit	$3,440	$2,293	$1,120	$1,173	
043.310.51300.34000	Management Fees	$10,002	$6,668	$6,668	$0	
043.310.51300.35100	Computer Time	$1,000	$667	$0	$667	
043.310.51300.40000	Travel Expenses	$1,000	$667	$363	$303	
043.310.51300.42000	Postage & Express Mail	$500	$333	$0	$333	
043.310.51300.42500	Printing	$500	$333	$0	$333	
043.310.51300.45000	Insurance	$33,659	$22,439	$18,708	$3,731	
043.310.51300.48000	Advertising Legal & Other	$1,000	$667	$0	$667	
043.310.51300.49000	Other Current Charges	$600	$400	$249	$151	
043.310.51300.49100	Contingencies	$5,000	$3,333	$3,680	($347)	
043.310.51300.51000	Office Supplies	$1,000	$667	$0	$667	
043.310.51300.54000	Dues, Licenses & Subscriptions	$1,000	$667	$0	$667	
043.320.53600.12000	Salaries	$110,996	$76,844	$72,721	$4,123	
043.320.53600.21000	FICA Taxes	$10,304	$7,134	$5,272	$1,862	
043.320.53600.22000	Pension Expense	$11,100	$7,684	$8,938	($1,254)	
043.320.53600.23000	Health Insurance Benefits	$14,402	$9,601	$11,721	($2,120)	
043.320.53600.24000	Workers Comp Insurance	$1,630	$1,630	$1,619	$11	
TOTAL ADMINISTRATIVE		$239,633	$162,694	$131,060	$31,634	
Stormwater System Maintenance 043.320.53600.43000	

Electric (7 Aerators)	

$18,000	

$12,000	

$10,068	

$1,932	
043.320.53600.46200	Landscaping	$5,000	$3,333	$0	$3,333	
043.320.53600.46500	Lake Maintenance	$70,000	$46,667	$21,576	$25,091	
043.320.53600.46700	Storm Drain System Maintenance	$60,000	$40,000	$7,850	$32,150	
043.320.53600.49300	Repair and Replacement Equipment	$5,000	$3,333	$11,112	($7,779)	
043.320.53600.49200	Repair and Replacement Floating Aerators	$10,000	$6,667	$3,587	$3,080	
043.320.53600.52100	Grass Carp/Fish-Nuisance Removal	$3,000	$2,000	$0	$2,000	
043.320.53600.49200	Contingecy	$5,000	$3,333	$0	$3,333	
TOTAL STORMWATER SYSTEM MAINTENANCE	$176,000	$117,333	$54,193	$63,141	
					
TOTAL OPERATING EXPENSES	$415,633	$280,027	$185,253	$94,774	
					
OPERATING INCOME (LOSS)	$56,603	$35,697	$133,874	$98,177	

NON OPERATING REVENUE (EXPENSES)					
043.300.36900.10200	Non Operating Revenue - Capital Expansion	($27,671)	($18,447)	$0	($18,447)	
043.300.36100.10000	Interest Income	$21,068	$14,046	$18,398	$4,352	
043.320.54900.64000	Capital Improvements	($50,000)	($33,333)	$0	$33,333	
043.320.53600.65000	Renewal and Replacement	$0	$0	$0	$0	
TOTAL NON OPERATING REVENUE (EXPENSES)	($56,603)	($37,735)	$18,398	$19,238	
					
CHANGE IN NET POSITION	$0	($2,038)	$152,272	$117,415	

TOTAL NET POSITION - BEGINNING	
	$0 		
	$761,842 		
TOTAL NET POSITION - ENDING	$0		$914,113		

Page 11

DUNES COMMUNITY DEVELOPMENT DISTRICT
Stormwater Fee Fund - Proprietary Fund
Statement of Revenues, Expenses and Changes in Net Position
For the Period Ended May 31, 2026

	OCTOBER	NOVEMBER	DECEMBER	JANUARY	FEBRUARY	MARCH	APRIL	MAY	JUNE	JULY		AUGUST	SEPTEMBER		
EXPENSE CODE	DESCRIPTION	2025	2025	2025	2026	2026	2026	2026	2026	2026	2026		2026	2026	TOTAL	

OPERATING REVENUES:															
043.300.34300.90000	Stormwater Fees	$39,398	$39,413	$39,483	$39,508	$39,508	$39,583	$39,633	$39,663	$0		$0	$0	$0	$316,189	
043.300.34300.90001	Stormwater Fees-Outside District	$0	$0	$0	$0	$0	$2,938	$0	$0	$0		$0	$0	$0	$2,938	
043.300.36900.10000	Miscellaneous Income	$0	$0	$0	$0	$0	$0	$0	$0	$0		$0	$0	$0	$0	
TOTAL OPERATING REVENUES	$39,398	$39,413	$39,483	$39,508	$39,508	$42,521	$39,633	$39,663	$0		$0	$0	$0	$319,127	

OPERATING EXPENSES															
Administrative															
043.310.51300.31100	Engineering/Software Services	$0	$0	$0	$0	$0	$0	$0	$0	$0		$0	$0	$0	$0	
043.310.51300.31500	Attorney	$0	$0	$0	$0	$0	$0	$0	$0	$0		$0	$0	$0	$0	
043.310.51300.32000	Collection Fees, Uncollectable & Early Payment Discount	$0	$0	$0	$0	$0	$0	$0	$0	$0		$0	$0	$0	$0	
043.310.51300.32200	Annual Audit	$0	$0	$80	$0	$160	$0	$80	$800	$0		$0	$0	$0	$1,120	
043.310.51300.34000	Management Fees	$834	$834	$834	$834	$834	$834	$834	$834	$0		$0	$0	$0	$6,668	
043.310.51300.35100	Computer Time	$0	$0	$0	$0	$0	$0	$0	$0	$0		$0	$0	$0	$0	
043.310.51300.40000	Travel Expenses	$0	$0	$363	$0	$0	$0	$0	$0	$0		$0	$0	$0	$363	
043.310.51300.42000	Postage & Express Mail	$0	$0	$0	$0	$0	$0	$0	$0	$0		$0	$0	$0	$0	
043.310.51300.42500	Printing	$0	$0	$0	$0	$0	$0	$0	$0	$0		$0	$0	$0	$0	
043.310.51300.45000	Insurance	$2,334	$2,334	$2,334	$2,334	$2,334	$2,334	$2,370	$2,334	$0		$0	$0	$0	$18,708	
043.310.51300.48000	Advertising Legal & Other	$0	$0	$0	$0	$0	$0	$0	$0	$0		$0	$0	$0	$0	
043.310.51300.49000	Other Current Charges	$13	$0	$16	$33	$45	$49	$48	$46	$0		$0	$0	$0	$249	
043.310.51300.49100	Contingencies	$0	$0	$0	$0	$0	$0	$0	$3,680	$0		$0	$0	$0	$3,680	
043.310.51300.51000	Office Supplies	$0	$0	$0	$0	$0	$0	$0	$0	$0		$0	$0	$0	$0	
043.310.51300.54000	Dues, Licenses & Subscriptions	$0	$0	$0	$0	$0	$0	$0	$0	$0		$0	$0	$0	$0	
043.320.53600.12000	Salaries	$8,525	$8,537	$8,754	$8,588	$8,640	$8,827	$8,292	$12,560	$0		$0	$0	$0	$72,721	
043.320.53600.21000	FICA Taxes	$601	$544	$561	$652	$656	$671	$630	$956	$0		$0	$0	$0	$5,272	
043.320.53600.22000	Pension Expense	$856	$856	$1,117	$852	$867	$886	$2,185	$1,320	$0		$0	$0	$0	$8,938	
043.320.53600.23000	Health Insurance Benefits	$1,309	$1,299	$1,299	$1,802	$1,507	$1,502	$1,502	$1,502	$0		$0	$0	$0	$11,721	
043.320.53600.24000	Workers Comp Insurance	$464	$155	$155	$155	$155	$227	$155	$155	$0		$0	$0	$0	$1,619	
TOTAL ADMINISTRATIVE	$14,935	$14,558	$15,512	$15,249	$15,196	$15,330	$16,094	$24,186	$0		$0	$0	$0	$131,060	

Stormwater System Maintenance															
043.320.53600.43000	Electric (7 Aerators)	$572	$1,102	$1,501	$1,211	$1,390	$1,431	$1,381	$1,481	$0		$0	$0	$0	$10,068	
043.320.53600.46200	Landscaping	$0	$0	$0	$0	$0	$0	$0	$0	$0		$0	$0	$0	$0	
043.320.53600.46500	Lake Maintenance	$5,394	$5,394	$5,394	$5,394	$0	$0	$0	$0	$0		$0	$0	$0	$21,576	
043.320.53600.46700	Storm Drain System Maintenance	$0	$0	$7,850	$0	$0	$0	$0	$0	$0		$0	$0	$0	$7,850	
043.320.53600.49300	Repair and Replacement Equipment	$0	$0	$0	$0	$756	$0	$4,745	$5,611	$0		$0	$0	$0	$11,112	
043.320.53600.49200	Repair and Replacement Floating Aerators	$0	$0	$0	$0	$1,822	$1,765	$0	$0	$0		$0	$0	$0	$3,587	
043.320.53600.52100	Grass Carp/Fish-Nuisance Removal	$0	$0	$0	$0	$0	$0	$0	$0	$0		$0	$0	$0	$0	
043.320.53600.49200	Contingency	$0	$0	$0	$0	$0	$0	$0	$0	$0		$0	$0	$0	$0	
TOTAL STORMWATER SYSTEM MAINTENANCE	$5,966	$6,496	$14,745	$6,605	$3,969	$3,195	$6,125	$7,092	$0		$0	$0	$0	$54,193	
															
TOTAL OPERATING EXPENSES	$20,901	$21,054	$30,257	$21,854	$19,165	$18,525	$22,220	$31,278	$0		$0	$0	$0	$185,253	
															
OPERATING INCOME (LOSS)	$18,497	$18,359	$9,226	$17,654	$20,343	$23,996	$17,413	$8,385	$0		$0	$0	$0	$133,874	

NON OPERATING REVENUE (EXPENSES)															
043.300.36100.10000	Interest Income	$2,221	$2,138	$2,154	$2,368	$2,214	$2,391	$2,451	$2,461	$0		$0	$0	$0	$18,398	
043.320.53600.64000	Capital Improvements (See Capital Improvements List)	$0	$0	$0	$0	$0	$0	$0	$0	$0		$0	$0	$0	$0	
043.320.53600.65000	Renewal and Replacement	$0	$0	$0	$0	$0	$0	$0	$0	$0		$0	$0	$0	$0	
TOTAL NON OPERATING REVENUE (EXPENSES)	$2,221	$2,138	$2,154	$2,368	$2,214	$2,391	$2,451	$2,461	$0		$0	$0	$0	$18,398	
															
CHANGE IN NET POSITION	$20,718	$20,497	$11,380	$20,022	$22,557	$26,387	$19,864	$10,846	$0		$0	$0	$0	$152,272	

TOTAL NET POSITION - BEGINNING	
$0	
$0	
$0	
$0	
$0	
$0	
$0	
$0	
$0		
$0	
$0	
$0	
$0	
															
TOTAL NET POSITION - ENDING	$20,718	$20,497	$11,380	$20,022	$22,557	$26,387	$19,864	$10,846	$0		$0	$0	$0	$152,272	

Page 12

I.

Dunes CDD
Special Assessment Receipts
Fiscal Year Ending September 30, 2026

Date	Gross Assessments	Discounts/	Commissions	Interest	Net Amount Received		Received		Penalties		Paid	 Income		Received

$464,265.00	$464,265.00

								

		

General Fund	 Total 100%	100%

	
$459,799.74	$16,531.95	$8,865.37	$0.00	$434,402.42	

11/17/25	$102,934.92	$4,117.40	$1,976.35	$0.00	$96,841.17	$96,841.17	$96,841.17	
11/26/25	$70,200.00	$2,808.00	$1,347.84	$0.00	$66,044.16	$66,044.16	$66,044.16	
12/15/25	$214,686.56	$8,587.46	$4,121.98	$0.00	$201,977.12	$201,977.12	$201,977.12	
12/22/25	$6,455.26	$193.66	$125.23	$0.00	$6,136.37	$6,136.37	$6,136.37	
01/28/26	$28,245.50	$787.60	$549.16	$0.00	$26,908.74	$26,908.74	$26,908.74	
03/03/26	$12,017.35	$205.20	$236.25	$0.00	$11,575.90	$11,575.90	$11,575.90	
03/27/26	$9,086.08	$36.45	$180.99	$0.00	$8,868.64	$8,868.64	$8,868.64	
04/29/26	$12,288.85	($87.27)	$247.52	$0.00	$12,128.60	$12,128.60	$12,128.60	
06/02/26	$3,885.22	($116.55)	$80.04	$0.00	$3,921.73	$3,921.73	$3,921.73	
								
						$434,402.42	$434,402.42	

Percent Collected	
99.04%							
Balance Due	$4,465.26							

Page 33

J.

DUNES COMMUNITY DEVELOPMENT DISTRICT

Check Run Summary
For the Period May 1, 2026 - May 31, 2026

Fund	Check Numbers	Amount	

General Fund	
7119-7123	
$12,107.57	
Water and Sewer	21955-22033	$191,556.77	
Bridge Fund	9669-9697	$85,900.20	
Stormwater Fund	210-213	$11,504.89	
Total		$301,069.43	

Page 13

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	6/22/26	PAGE	14
*** CHECK DATES 05/01/2026 - 05/31/2026 ***	DUNES CDD - GENERAL FUND
BANK F DUNES - GENERAL FUND
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
5/07/26 00315	4/28/26 16711	202604 320-53800-46200	*	4,983.60
ENHANCEMENTS APRIL 2026
4/30/26 16723	202604 320-53800-46200	*	150.00
STUMP GRINDING X 2 04/26
5/01/26 17260	202605 320-53800-46200	*	1,800.00
MAINT MAY 2026
LAWN ENFORCEMENT AGENCY INC	6,933.60 007119
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/07/26 00280	5/02/26 8523	202605 310-51300-49100	*	146.00
WEB MAINT MAY 2026
VGLOBALTECH	146.00 007120
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/07/26 00141	4/24/26 85999290 202605 320-53800-46000	*	1,216.02
SVCS MAY 2026
4/24/26 86001290 202605 320-53800-46000	*	468.12
SVCS MAY 2026
WM CORPORATE SERVICES INC.	1,684.14 007121
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/14/26 00109	5/01/26 800	202605 310-51300-34000	*	885.58
GENERAL FUNDS 05/26
5/01/26 800	202605 310-51300-35100	*	166.67
INFO TECH 05/26
5/01/26 800	202605 310-51300-42000	*	55.08
POSTAGE 05/26
5/01/26 800	202605 310-51300-42500	*	261.00
COPIES 05/26
GOVERNMENTAL MANAGEMENT SERVICES	1,368.33 007122
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/21/26 00129	5/14/26 11542	202604 310-51300-31500	*	1,975.50
SVCS APRIL 2026
CHIUMENTO LAW PLLC	1,975.50 007123
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
TOTAL FOR BANK F	12,107.57
TOTAL FOR REGISTER	12,107.57

DUNE -DUNES -	SHENNING

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	6/22/26	PAGE	15
*** CHECK DATES 05/01/2026 - 05/31/2026 ***	DUNES CDD - WATER/SEWER
BANK D DUNES - WATER/SEWER
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
5/04/26 01131	5/04/26 051026-0 202605 310-51300-40000	*	360.00
AQUATIC WEED CNTRL COURSE
AUSTIN MCMILLEN	360.00 021955
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/04/26 01104	5/04/26 051026-0 202605 310-51300-40000	*	360.00
AQUATIC WEED CNTRL COURSE
JUSTIN MENDONSA	360.00 021956
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/07/26 00613	5/01/26 913477	202604 320-53600-34800	*	651.00
DRINKING WATER
5/01/26 913478	202604 320-53600-34800	*	502.50
QTRLY WELLS
5/01/26 913479	202604 330-53600-34800	*	1,220.00
WASTEWATER
ADVANCED ENVIRONMENTAL LABORATORIES	2,373.50 021957

5/07/26 00835	4/27/26	
	4/27/26	
	4/27/26	
	4/27/26	
	4/27/26	
	4/27/26	

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5064	202604 320-53600-46000	*	191.75
SVCS APRIL 2026
5064	202604 330-53600-46000	*	191.75
SVCS APRIL 2026
5064	202604 340-53600-46000	*	191.75
SVCS APRIL 2026
5064	202604 300-13100-10000	*	191.75
SVCS APRIL 2026
5064	202604 320-53800-46000	*	191.75
SVCS APRIL 2026
5064	202604 300-20700-10100	*	191.75-
SVCS APRIL 2026
ALL SEASON HOME SOLUTION LLC	767.00 021958
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/07/26 01789	5/01/26 1HG6X6TN 202604 310-51300-51000	*	235.37
SUPPLIES APRIL 2026
5/01/26 1JPQJDMY 202604 310-53600-52055	*	17.96-
CREDIT
AMAZON CAPITAL SERVICES	217.41 021959
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/07/26 00970	2/26/26 374341	202602 320-53600-46000	*	9,416.00
MECHANCIAL SEAL FEB 2026
CARTER & VERPLANCK INC	9,416.00 021960
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/07/26 01847	4/30/26 90262426 202604 310-51300-64002	*	23,091.00
APRIL 2026 RO FEED PUMP R
CDM SMITH INC	23,091.00 021961
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/07/26 01714	4/23/26 01558190 202605 310-53600-41000	*	114.99
SVCS MAY 2026
CHARTER COMMUNICATIONS	114.99 021962
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
DUNE -DUNES -	SHENNING

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	6/22/26	PAGE	16
*** CHECK DATES 05/01/2026 - 05/31/2026 ***	DUNES CDD - WATER/SEWER
BANK D DUNES - WATER/SEWER
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
5/07/26 00305	4/24/26 22446161 202604 320-53600-43100	*	2.33
SVCS APRIL 2026
4/24/26 22446659 202604 320-53600-43100	*	2.33
SVCS APRIL 2026
4/24/26 22448121 202604 320-53600-43100	*	2.33
SVCS APRIL 2026
4/24/26 22452993 202604 340-53600-43000	*	83.31
SVCS APRIL 2026
CITY OF PALM COAST-UTILITY DEPT.	90.30 021963
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/07/26 01265	4/24/26 193895	202604 310-53600-44000	*	245.95
COPIER LEASE APRIL 2026
4/24/26 193896	202604 310-53600-44000	*	42.60
COPIER LEASE APRIL 2026
4/30/26 193893	202604 310-53600-44000	*	9.00
COPIER LEASE APRIL 2026
4/30/26 193894	202604 310-53600-44000	*	67.54
COPIER LEASE APRIL 2026
DOCUMENT TECHNOLOGIES	365.09 021964
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/07/26 00047	5/05/26 92842328 202604 310-51300-42000	*	41.21
DELIVERIES THRU 04/30/26
FEDEX	41.21 021965
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/07/26 01379	4/23/26 RI106921 202604 310-53600-44000	*	198.00
POSTBASE FUSION INK CTRDG
FP MAILING SOLUTIONS	198.00 021966

5/07/26 00013	4/28/26	
	4/28/26	
	4/28/26	
	4/28/26	
	4/28/26	
	4/28/26	
	4/28/26	
	4/28/26	
	4/28/26	

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
00180 AP 202604 330-53600-43000	*	47.47
SVCS APRIL 2026
01669 AP 202604 330-53600-43000	*	90.25
SVCS APRIL 2026
06441 AP 202604 330-53600-43000	*	303.77
SVCS APRIL 2026
06601 AP 202604 320-53600-43000	*	110.63
SVCS APRIL 2026
06618 AP 202604 330-53600-43000	*	142.99
SVCS APRIL 2026
06682 AP 202604 330-53600-43000	*	31.48
SVCS APRIL 2026
09639 AP 202604 320-53600-43000	*	34.73
SVCS APRIL 2026
09681 AP 202604 330-53600-43000	*	89.31
SVCS APRIL 2026
10476 AP 202604 330-53600-43000	*	32.98
SVCS APRIL 2026
DUNE -DUNES -	SHENNING

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	6/22/26	PAGE	17
*** CHECK DATES 05/01/2026 - 05/31/2026 ***	DUNES CDD - WATER/SEWER
BANK D DUNES - WATER/SEWER

DATE	DATE	
	4/28/26	
	4/28/26	
	4/28/26	
	4/28/26	
	4/28/26	
	4/28/26	
	4/28/26	
	4/28/26	
	4/28/26	
	4/28/26	
	4/28/26	
	4/28/26	

CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...	VENDOR NAME	STATUS	AMOUNT	....CHECK.....
INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS	AMOUNT	#
13564 AP 202604 340-53600-43000	*	30.80
SVCS APRIL 2026
31053 AP 202604 330-53600-43000	*	33.51
SVCS APRIL 2026
35422 AP 202604 340-53600-43000	*	5,383.23
SVCS APRIL 2026
38339 AP 202604 320-53600-43000	*	12,375.80
SVCS APRIL 2026
41474 AP 202604 330-53600-43000	*	37.25
SVCS APRIL 2026
54287 AP 202604 330-53600-43000	*	1,724.02
SVCS APRIL 2026
54554 AP 202604 330-53600-43000	*	33.26
SVCS APRIL 2026
64405 AP 202604 330-53600-43000	*	34.54
SVCS APRIL 2026
80187 AP 202604 330-53600-43000	*	35.26
SVCS APRIL 2026
83014 AP 202604 330-53600-43000	*	75.02
SVCS APRIL 2026
89460 AP 202604 330-53600-43000	*	3,320.99
SVCS APRIL 2026
94444 AP 202604 330-53600-43000	*	62.93
SVCS APRIL 2026
FLORIDA POWER & LIGHT CO.	24,030.22 021968
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/07/26 00057	4/21/26 98883556 202604 320-53600-46000	*	21.83
SUPPLIES
GRAINGER	21.83 021969
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/07/26 00328	4/28/26 93529489 202604 320-53600-46000	*	73.80
SUPPLIES
4/29/26 93529674 202604 320-53600-46000	*	133.38
SUPPLIES
GRAYBAR ELECTRIC COMPANY INC	207.18 021970
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/07/26 00722	5/01/26 037G1276 202605 320-53600-46000	*	144.69
SUPPLIES
HARRINGTON INDUSTRIAL PLASTICS LLC	144.69 021971
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/07/26 02108	5/01/26 17254	202605 330-53600-46000	*	647.50
MAINT MAY 2026
LAWN ENFORCEMENT AGENCY INC	647.50 021972
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/07/26 01247	4/30/26 20215543 202605 310-53600-44000	*	171.06
COPIER LEASE MAY 2026
LEAF	171.06 021973
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
DUNE -DUNES -	SHENNING

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	6/22/26	PAGE	18
*** CHECK DATES 05/01/2026 - 05/31/2026 ***	DUNES CDD - WATER/SEWER
BANK D DUNES - WATER/SEWER
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
5/07/26 01138	4/22/26 83491380 202604 320-53600-52200	*	842.65
CO2 BULK

- - - - - - - - - - - - - - - - -
5/07/26 00688	4/30/26 116801
SUPPLIES

NUCO2	842.65 021974

- - - - - - - - - - - - - - - - - - -	- - - - - -	-	-	-	-	- -	-	-	-	-	-	- - - - -	
202604 330-53600-52200						*						986.24	

- - - - - - - -

4/30/26 116801	202604 320-53600-52200	*	1,972.48
SUPPLIES
ODYSSEY MANUFACTURING COMPANY	2,958.72 021975

5/07/26 02011	4/24/26	
	4/24/26	
	4/25/26	
	4/25/26	
	4/25/26	
	4/25/26	
	4/25/26	

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
60620417 202604 310-51300-51000	*	71.58
SUPPLIES
60620417 202604 310-51300-51000	*	130.53
SUPPLIES
60620417 202604 310-51300-51000	*	9.35
SUPPLIES
60620417 202604 310-51300-51000	*	156.89
SUPPLIES
60620417 202604 310-51300-51000	*	70.05
SUPPLIES
60620417 202604 310-51300-51000	*	142.90
SUPPLIES
60620417 202604 310-51300-51000	*	114.02
SUPPLIES
STAPLES	695.32 021976
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/07/26 00661	4/30/26 PSINV106 202604 310-51300-54000	*	68.93
ASSESS BILLING FY25-26
SUNSHINE STATE ONE CALL OF FLORIDA	68.93 021977
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/07/26 01767	4/28/26 50385582 202605 310-53600-44000	*	170.00
COPIER LEASE MAY 2026
WELLS FARGO VENDOR FIN SVCS LLC	170.00 021978
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/07/26 00862	4/27/26 40149217 202604 340-53600-44000	*	3,029.92
RENTAL 04/04/26-05/04/26
XYLEM DEWATERING SOLUTIONS, INC.	3,029.92 021979
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/14/26 00278	4/23/26 1040033	202604 320-53600-46050	*	245.12
SUPPLIES 04/26
AMERICAN BACKFLOW PRODUCTS CO.	245.12 021980
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/14/26 00355	5/01/26 28728975 202605 310-53600-41000	*	790.43
SVCS 05/26
AT&T MOBILITY	790.43 021981
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
DUNE -DUNES -	SHENNING

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	6/22/26	PAGE	19
*** CHECK DATES 05/01/2026 - 05/31/2026 ***	DUNES CDD - WATER/SEWER
BANK D DUNES - WATER/SEWER
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
5/14/26 01177	5/04/26 2294767	202605 310-53600-46100	*	1,589.84
EQUIPMENT REPAIRS 05/26
BEARD EQUIPMENT CO	1,589.84 021982
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/14/26 01847	5/12/26 90263251 202604 310-51300-64009	*	5,300.00
SVCS 03/22-05/02/26
CDM SMITH INC	5,300.00 021983
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/14/26 00382	5/01/26 799	202605 310-51300-34000	*	1,979.58
WATER/SEWER MGMT 05/26
GOVERNMENTAL MANAGEMENT SERVICES	1,979.58 021984
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/14/26 00328	5/06/26 93530548 202605 320-53600-46000	*	2,992.92
SUPPLIES 05/26
GRAYBAR ELECTRIC COMPANY INC	2,992.92 021985
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/14/26 00123	5/07/26 14993000 202605 330-53600-46000	*	2,012.28
SUPPLIES 05/26
HACH COMPANY	2,012.28 021986
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/14/26 00515	5/06/26 7414192	202605 320-53600-52200	*	3,046.70
SUPPLIES 05/26
HAWKINS,INC.	3,046.70 021987
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/14/26 01909	5/06/26 INV2616	202605 320-53600-46050	*	3,500.00 ASPHALT SVCS 05/26
INDEPENDENT SITE SERVICES LLC	3,500.00 021988
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/14/26 01380	4/30/26 308910	202604 310-51300-42500	*	1,140.38
SVCS 04/26

-	- - - 153.49	
-	- - - 965.12	
-	- - -
766.05	

INFOSEND INC	1,140.38 021989

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/14/26 02143	5/12/26 05122026 202605 300-34300-30000	* CRDT BAL CLSD ACCT	05/26

- - - - - - - - -

JESSE B MCQUAY	153.49 021990

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/14/26 01138	4/28/26 83528419 202604 320-53600-52200	* CO2 BULK 04/26

- - - - - - - - -

NUCO2	965.12 021991

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/14/26 00688	5/07/26 117487	202605 330-53600-52200	* SUPPLIES 05/26
5/07/26 117487	202605 320-53600-52200	*	1,532.11
SUPPLIES 05/26

- - - - - - - - -

ODYSSEY MANUFACTURING COMPANY	2,298.16 021992
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
DUNE -DUNES -	SHENNING

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	6/22/26	PAGE	20
*** CHECK DATES 05/01/2026 - 05/31/2026 ***	DUNES CDD - WATER/SEWER
BANK D DUNES - WATER/SEWER
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
5/14/26 00627	5/06/26 18WE1422 202605 330-53600-46000	*	560.00
QRTLY INSPECTION 05/26
5/06/26 18WE1422 202605 330-53600-46050	*	560.00
QRTLY INSPECTION 05/26
5/06/26 18WE1422 202605 330-53600-46000	*	560.00
QRTLY INSPECTION 05/26
RING POWER CORPORATION	1,680.00 021993
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/14/26 00214	5/11/26 INV01043 202605 330-53600-46000	*	1,107.65 SUPPLIES 05/26
USA BLUEBOOK	1,107.65 021994
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/14/26 01804	5/04/26 1100655- 202605 320-53600-46000	*	748.46
DIESEL 05/26
5/04/26 1100655- 202605 330-53600-46000	*	748.47
DIESEL 05/26
5/04/26 1100655- 202605 340-53600-46000	*	748.47
DIESEL 05/26
WALTHALL OIL COMPANY	2,245.40 021995
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/21/26 02045	5/18/26 12882	202605 340-53600-46000	*	400.00
PEST CONTROL SVCS MAY 26
5/18/26 12882	202605 300-13100-10000	*	200.00
PEST CONTROL SVCS MAY 26
5/18/26 12882	202605 320-53800-46000	*	200.00
PEST CONTROL SVCS MAY 26

- - - - - - - - 5/21/26 02137	- - - - - - - - - 3/11/26 3226-1
BALANCE	ABOVE THE REST PEST CONTROL LLC
- - - - - - - - - - - - - - - - - - - - - - - - - -
202603 310-51300-64005	-	-	-	- -
*	-	-	-	-	-	- - - - -	600.00
- - - - -	021996
- - -	
	4/22/26 3336	202604 310-51300-64005				*						121.00			
	DIGITAL	TIMER DRAIN													
		AMERICAN AIR COMPRESSOR LLC											3,913.07	021997	
- - - - - - - -	- - - - - - - - -	- - - - - - - - - - - - - - - - - - - - - - - - - -	-	-	-	- -	-	-	-	-	-	- - - - -	- - - - -	- - -	
5/21/26 01195	5/18/26 16803	202606 310-51300-54000				*						100.00			

5/18/26 12882	202605 300-20700-10100	*	200.00-PEST CONTROL SVCS MAY 26

DUE

3,792.07

ANSWERING SVCS JUNE 2026
ANSWER ALL ANSWERING SERVICE	100.00 021998
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/21/26 00112	5/14/26 CD883725 202605 310-53600-52000	*	23.32
SVC/SUPPLIES-FLAT CUPS
CULLIGAN-DAYTONA BEACH	23.32 021999
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/21/26 00047	5/12/26 92935617 202605 310-51300-42000	*	41.53
DELIVERIES THRU 05/04/26
DUNE -DUNES -	SHENNING

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	6/22/26	PAGE	21
*** CHECK DATES 05/01/2026 - 05/31/2026 ***	DUNES CDD - WATER/SEWER
BANK D DUNES - WATER/SEWER
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
5/12/26 92935617 202605 300-13100-10000	*	334.97
DELIVERIES THRU 05/04/26
5/12/26 92935617 202605 310-51300-42000	*	334.97
DELIVERIES THRU 05/04/26
5/12/26 92935617 202605 300-20700-10100	*	334.97-DELIVERIES THRU 05/04/26
5/19/26 93031538 202605 310-51300-42000	*	153.53
DELIVERIES THRU 05/14/26
FEDEX	530.03 022000
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/21/26 00030	5/12/26 2225620	202605 320-53600-61000	*	17,346.00
SUPPLIES
FERGUSON WATERWORKS	17,346.00 022001
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/21/26 00385	8/11/25 RI106745 202510 310-53600-44000	*	152.28
POSTBASE THRU 11/09/25
2/15/26 RI107083 202602 310-53600-44000	*	152.28
POSTBASE FEB 2026
5/11/26 RI107257 202605 310-53600-44000	*	152.28

- - - - - - - - 5/21/26 00057	FRANCOTYP-POSTALIA, INC
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/30/26 99001879 202604 330-53600-46000	- -	-	-	-	-	-	- -
*	-	-	-	-	-	- - - - -	456.84
- - - - -	022002
- - -	
	GRAINGER														183.06	022003	
- - - - - - - -	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	- -	-	-	-	-	-	- -	-	-	-	-	-	- - - - -	- - - - -	- - -	
5/21/26 00328	5/08/26 93530910 202605 320-53600-46000							*						488.55			
	SUPPLIES																
- - - - - - - -	GRAYBAR ELECTRIC COMPANY
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	INC
- -	-	-	-	-	-	- -	-	-	-	-	-	- - - - -	488.55
- - - - -	022004
- - -	
5/21/26 00123	5/10/26 14995335 202605 320-53600-46000							*						323.03			
	SUPPLIES																
	HACH COMPANY														323.03	022005	
- - - - - - - -	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	- -	-	-	-	-	-	- -	-	-	-	-	-	- - - - -	- - - - -	- - -	
5/21/26 00515	5/13/26 7421034	202605 320-53600-52200							*						3,822.97			
	SUPPLIES																
	5/15/26 7424462	202605 320-53600-52200							*						50.00			
	SUPPLIES																
	HAWKINS,INC.														3,872.97	022006	
- - - - - - - -	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	- -	-	-	-	-	-	- -	-	-	-	-	-	- - - - -	- - - - -	- - -	
5/21/26 00876	5/12/26 257430	202604 320-53600-46000							*						912.09			
	SVCS THRU 04/25/26																
	5/12/26 257430	202604 330-53600-46000							*						912.09			
	SVCS THRU 04/25/26																
	5/12/26 257430	202604 340-53600-46000							*						912.09			
	SVCS THRU 04/25/26																

POSTBASE MAY 2026

SUPPLIES

183.06

MCKIM & CREED INC	2,736.27 022007
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	6/22/26	PAGE	22
*** CHECK DATES 05/01/2026 - 05/31/2026 ***	DUNES CDD - WATER/SEWER
BANK D DUNES - WATER/SEWER
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
5/21/26 01138	5/11/26 83708313 202605 320-53600-52200	*	1,786.46
CO2 BULK
NUCO2	1,786.46 022008
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/21/26 00688	5/14/26 118189	202605 330-53600-52200	*	737.84
SUPPLIES
5/14/26 118189	202605 320-53600-52200	*	1,475.68
SUPPLIES
ODYSSEY MANUFACTURING COMPANY	2,213.52 022009
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/21/26 00627	5/19/26 18WE1439 202605 330-53600-46050	*	2,195.60 REPAIR SVCS MAY 2026
5/19/26 18WE1439 202604 320-53600-46000	*	5,245.25 REPAIR SVCS APRIL 2026

-	-	-	-	-	-	-	

-	
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RING POWER CORPORATION	7,440.85 022010
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	- - - - - - - - - - - - - - - - - - - -
5/21/26 02090	5/01/26 67872	202605 330-53600-34900	*	19,051.98
MOBILE CENTRIFUGE DEWATER
SYNAGRO TECHNOLOGIES INC	19,051.98 022011
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	- - - - - - - - - - - - - - - - - - - -
5/21/26 00214	5/13/26 INV01046 202605 320-53600-52000	*	143.60
SUPPLIES
USA BLUEBOOK	143.60 022012
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	- - - - - - - - - - - - - - - - - - - -
5/21/26 01724	5/15/26 11256366 202605 310-53600-52100	*	180.27
FUEL
WEX BANK (SHELL FLEET)	180.27 022013
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	- - - - - - - - - - - - - - - - - - - -
5/21/26 02144	5/19/26 05192026 202605 300-34300-30000	*	20.41
REFUND-CLSD ACCT
STEPHEN AND KIMBERLEIGH WHITTLE	20.41 022014
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/21/26 02140	5/20/26 6028	202605 320-53600-46050	*	1,800.00
PAVER REPAIR MAY 2026
C WRIGHT LANDSCAPING INC	1,800.00 022015
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/28/26 01296	5/11/26 22035111 202605 320-53600-46000	*	3,619.00
SUPPLIES 05/26
AMERICAN WATER CHEMICALS, INC.	3,619.00 022016
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/28/26 00988	5/11/26 08926751 202605 310-53600-41000	*	833.73
SVCS 05/26
AT&T	833.73 022017
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/28/26 00453	6/01/26 06012026 202606 310-53600-41000	*	100.00
CELLPHONE ALLOWANCE 6/26
CORY BRILL	100.00 022018
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	6/22/26	PAGE	23
*** CHECK DATES 05/01/2026 - 05/31/2026 ***	DUNES CDD - WATER/SEWER
BANK D DUNES - WATER/SEWER
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
5/28/26 00112	5/26/26 CD889630 202606 310-53600-52000	*	14.07
RENTAL BWC 06/26
CULLIGAN-DAYTONA BEACH	14.07 022019
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/28/26 00057	5/18/26 99207817 202605 330-53600-46000	*	208.66
SUPPLIES 05/26

-	-	-	-	-	-	-	-	-	-	-	-	-	

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-	
-	
-	
-	
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GRAINGER	208.66 022020
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	- - - - - - - - - - - - - - - - - - - -
5/28/26 00515	5/20/26 7430503	202605 320-53600-52200	*	3,005.90
SUPPLIES 05/26
HAWKINS,INC.	3,005.90 022021
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	- - - - - - - - - - - - - - - - - - - -
5/28/26 01380	5/21/26 310266	202605 310-51300-42500	*	799.09
SVCS 05/26
INFOSEND INC	799.09 022022
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	- - - - - - - - - - - - - - - - - - - -
5/28/26 01689	6/01/26 06012026 202606 310-53600-41000	*	100.00
CELLPHONE ALLOWANCE 6/26
EARL A.NASH	100.00 022023
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	- - - - - - - - - - - - - - - - - - - -
5/28/26 01138	5/18/26 83733841 202605 320-53600-52200	*	931.10
CO2 BULK 05/26
NUCO2	931.10 022024
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	- - - - - - - - - - - - - - - - - - - -
5/28/26 00688	5/21/26 118915	202605 330-53600-52200	*	677.12
SUPPLIES 05/26
5/21/26 118915	202605 320-53600-52200	*	1,354.24
SUPPLIES 05/26
ODYSSEY MANUFACTURING COMPANY	2,031.36 022025
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/28/26 01398	4/28/26 26357243 202605 320-53600-34800	*	356.00
SVCS 05/26
PACE ANALYTICAL SERVICES, LLC	356.00 022026
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/28/26 01171	6/01/26 06012026 202606 310-51300-40000	*	500.00
VEHICLE ALLOWANCE 6/26
GREGORY L. PEUGH	500.00 022027
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/28/26 01245	6/01/26 06012026 202606 310-51300-40000	*	300.00
VEHICLE ALLOWANCE 06/26
DAVID C. PONITZ-DO NOT USE	300.00 022028
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/28/26 01865	5/14/26 323-26	202605 320-53600-46000	*	4,505.00
US ELECTRIC MOTOR 5/26
RUBY ELECTRIC	4,505.00 022029
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
DUNE -DUNES -	SHENNING

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	6/22/26	PAGE	24
*** CHECK DATES 05/01/2026 - 05/31/2026 ***	DUNES CDD - WATER/SEWER

CHECK	VEND# DATE	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS	STATUS		AMOUNT	....CHECK..... AMOUNT	#	
5/28/26 00214	5/19/26 INV10513 202605 330-53600-52000
5/20/26 INV01052 202605 330-53600-52000	*
*		183.15
1,090.88		
	SUPPLIES 05/26
USA BLUEBOOK				1,274.03 022030	
- - - - - - - - 5/28/26 01804	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/19/26 1107839- 202605 320-53600-46000
5/19/26 1107839- 202605 330-53600-46000	- - - -
*
*	- - - - -	- - - - -

871.43	- - - - - - - -	
	DIESEL 05/26
5/19/26 1107839- 202605 340-53600-46000	*		871.44		
	DIESEL 05/26
WALTHALL OIL COMPANY				2,614.30 022031	
- - - - - - - - 5/28/26 01845	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/23/26 11266126 202605 310-53600-52100
WEX BANK (CIRCLE K)	- - - -
*	- - - - -	- - - - -	- - - - - - - -

279.11 022032	
- - - - - - - - 5/28/26 00862	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/19/26 40149638 202605 330-53600-46000
XYLEM DEWATERING SOLUTIONS, INC.	- - - -
*	- - - - -	- - - - -	- - - - - - - -

5,445.60 022033	
- - - - - - - -	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	- - - -	- - - - -	- - - - -	- - - - - - - -	

BANK D DUNES - WATER/SEWER

SUPPLIES 05/26

DIESEL 05/26

871.43

FUEL 05/26

279.11

SUPPLIES 05/26

5,445.60

TOTAL FOR BANK D	191,556.77
TOTAL FOR REGISTER	191,556.77

DUNE -DUNES -	SHENNING

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	6/22/26	PAGE	25
*** CHECK DATES 05/01/2026 - 05/31/2026 ***	DUNES CDD - BRIDGE FUND
BANK E DUNES - BRIDGE
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
5/07/26 00255	5/01/26 12823	202605 320-54900-46000	*	85.00
PEST CONTROL SVCS MAY 26
ABOVE THE REST PEST CONTROL	85.00 009669
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/07/26 00252	4/27/26 5065	202604 320-54900-46000	*	614.25
SVCS APRIL 2026
ALL SEASON HOME SOLUTION LLC	614.25 009670

5/07/26 00384	5/01/26	
	5/01/26	
	5/01/26	
	5/01/26	
	5/01/26	

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1JK3G4DT 202604 320-54900-46002	*	27.81-
CREDIT
19TFMCPR 202604 320-54900-46000	*	94.04
SUPPLIES APRIL 2026
19TFMCPR 202604 320-54900-51000	*	476.80
SUPPLIES APRIL 2026
19TFMCPR 202604 320-54900-52000	*	553.68
SUPPLIES APRIL 2026
19TFMCPR 202604 320-54900-46002	*	300.00
SUPPLIES APRIL 2026
5/01/26 19TFMCPR 202604 300-13100-10000	*	266.74
SUPPLIES APRIL 2026

	5/01/26	
	5/01/26	
	5/01/26	
	5/01/26	
	5/01/26	
	5/01/26	

5/01/26 19TFMCPR 202604 300-13100-10100	*	46.92
SUPPLIES APRIL 2026
19TFMCPR 202604 310-51300-51000	*	46.92
SUPPLIES APRIL 2026
19TFMCPR 202604 300-20700-10000	*	46.92-
SUPPLIES APRIL 2026
19TFMCPR 202604 310-51300-51000	*	52.68
SUPPLIES APRIL 2026
19TFMCPR 202604 320-53600-52000	*	58.49
SUPPLIES APRIL 2026
19TFMCPR 202604 330-53600-52000	*	155.57
SUPPLIES APRIL 2026
19TFMCPR 202604 300-20700-10000	*	266.74-
SUPPLIES APRIL 2026
AMAZON CAPITAL SERVICES	1,710.37 009671
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/07/26 00420	5/01/26 INV15320 202605 320-54900-41000	*	231.88
SVCS MAY 2026
5/01/26 INV15320 202605 300-13100-10000	*	299.00
SVCS MAY 2026
5/01/26 INV15320 202605 310-53600-41000	*	299.00
SVCS MAY 2026
5/01/26 INV15320 202605 300-20700-10000	*	299.00-
SVCS MAY 2026
BIGLEAF NETWORKS INC/AVIDBANK	530.88 009672
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
DUNE -DUNES -	SHENNING

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	6/22/26	PAGE	26
*** CHECK DATES 05/01/2026 - 05/31/2026 ***	DUNES CDD - BRIDGE FUND
BANK E DUNES - BRIDGE
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
5/07/26 00132	4/24/26 22445857 202604 320-54900-34300	*	1,153.45
SVCS APRIL 2026
CITY OF PALM COAST-UTILITY DEPT.	1,153.45 009673
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/07/26 00353	4/30/26 193897	202604 320-54900-34300	*	136.12
COPIER LEASE APRIL 2026
DOCUMENT TECHNOLOGIES	136.12 009674

5/07/26 00014	4/27/26	
	4/27/26	
	4/27/26	
	4/27/26	
	4/27/26	
	4/27/26	
	4/27/26	

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
02998 AP 202604 320-54900-43000	*	255.19
SVCS APRIL 2026
04979 AP 202604 320-54900-43000	*	115.70
SVCS APRIL 2026
05950 AP 202604 320-54900-43000	*	547.62
SVCS APRIL 2026
07438 AP 202604 320-54900-46002	*	37.01
SVCS APRIL 2026
25021 AP 202604 320-54900-46002	*	41.88
SVCS APRIL 2026
56431 AP 202604 320-54900-46002	*	46.14
SVCS APRIL 2026
84435 AP 202604 320-54900-46002	*	38.29

FLORIDA	POWER & LIGHT CO.	1,081.83	009675	
- - - - - - - -	- - - - - - - -	- - - - - - - - - - - - - - - - - - - - - - - -	-	-	-	-	-	-	- -	-	-	-	-	-	-	- - - -	- - - - -	- - -	
29295	202604	300-13100-10000	*	190.00	
AUDIT	FYE 09/30/2025	
29295	202604 300-13100-10100	*	85.00	
AUDIT	FYE 09/30/2025	
29295
AUDIT	202604 300-13100-10300	*	80.00	
29295	202604 310-51300-32200	*	145.00	
AUDIT	FYE 09/30/2025	
29295	202604 310-51300-32200	*	85.00	
AUDIT	FYE 09/30/2025	
29295	202604 300-20700-10000	*	85.00-	
AUDIT	FYE 09/30/2025	
29295	202604 310-51300-32200	*	190.00	
AUDIT	FYE 09/30/2025	
29295	202604 300-20700-10000	*	190.00-	
AUDIT	FYE 09/30/2025	
29295	202604 310-51300-32200	*	80.00	
AUDIT	FYE 09/30/2025	
29295	202604 300-20700-10000	*	80.00-	
AUDIT	FYE 09/30/2025	

5/07/26 00039	5/04/26	
	5/04/26	
	5/04/26	
	5/04/26	
	5/04/26	
	5/04/26	
	5/04/26	
	5/04/26	
	5/04/26	
	5/04/26	

SVCS APRIL 2026

FYE 09/30/2025

GRAU & ASSOCIATES	500.00 009676
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
DUNE -DUNES -	SHENNING

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	6/22/26	PAGE	27
*** CHECK DATES 05/01/2026 - 05/31/2026 ***	DUNES CDD - BRIDGE FUND
BANK E DUNES - BRIDGE
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
5/07/26 00418	5/01/26 17259	202605 320-54900-46002	*	7,997.00
MAINT MAY 2026
5/01/26 17261	202605 320-54900-46000	*	1,100.00
MAINT MAY 2026
LAWN ENFORCEMENT AGENCY INC	9,097.00 009677
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/07/26 00409	5/04/26 PO261962 202604 320-54900-46002	*	15,250.00 FERTILIZER SVCS APRIL 26
OLD CITY TREE LLC	15,250.00 009678

5/07/26 00180	6/01/26	
	6/01/26	
	6/01/26	
	6/01/26	
	6/01/26	
	6/01/26	
	6/01/26	
	6/01/26	
	6/01/26	
	6/01/26	

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - COM#7039 202606 300-13100-10000	*	1,578.92
WC FL1 0184401 25-12
COM#7039 202606 300-13100-10100	*	177.51
WC FL1 0184401 25-12
COM#7039 202606 300-13100-10300	*	154.67
WC FL1 0184401 25-12
COM#7039 202606 320-54900-24000	*	841.07
WC FL1 0184401 25-12
COM#7039 202606 320-53800-24000	*	177.51
WC FL1 0184401 25-12
COM#7039 202606 300-20700-10000	*	177.51-
WC FL1 0184401 25-12
COM#7039 202606 310-53600-24000	*	1,578.92
WC FL1 0184401 25-12
COM#7039 202606 300-20700-10000	*	1,578.92-
WC FL1 0184401 25-12
COM#7039 202606 310-53600-24000	*	154.67
WC FL1 0184401 25-12
COM#7039 202606 300-20700-10000	*	154.67-
WC FL1 0184401 25-12
PREFERRED GOVERNMENTAL INSURANCE TS	2,752.17 009679
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/07/26 00061	4/24/26 85999860 202605 320-54900-46000	*	924.55
SVCS MAY 2026
WM CORPORATE SERVICES, INC.	924.55 009680
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/14/26 00375	5/03/26 06440630 202605 320-54900-41000	*	393.03
SVCS 05/26
CHARTER COMMUNICATIONS	393.03 009681
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/14/26 00396	5/01/26 11365540 202605 320-54900-41000	*	375.00
SVCS 05/26
CHARTER COMMUNICATIONS	375.00 009682
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/14/26 00145	5/01/26 798	202605 310-51300-34000	*	1,510.75
BRIDGE FUND MGMT FEE 5/26
GOVERNMENTAL MANAGEMENT SERVICES	1,510.75 009683
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	6/22/26	PAGE	28
*** CHECK DATES 05/01/2026 - 05/31/2026 ***	DUNES CDD - BRIDGE FUND
BANK E DUNES - BRIDGE
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
5/14/26 00316	5/02/26 86999069 202604 310-51300-49100	*	51.20
PSC SPECIMEN/DRUG BUND
5/02/26 86999069 202604 300-13100-10000	*	51.20
PSC SPECIMEN/DRUG BUND
5/02/26 86999069 202604 310-51300-49100	*	51.20
PSC SPECIMEN/DRUG BUND
5/02/26 86999069 202604 300-20700-10000	*	51.20-PSC SPECIMEN/DRUG BUND
LABORTORY CORPORATION OF AMERICA	102.40 009684

5/14/26 00340	5/04/26	
	5/04/26	
	5/04/26	
	5/04/26	
	5/04/26	
	5/04/26	
	5/04/26	

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
25505	202604 320-54900-34300	*	1,677.90
IT PROACTIVE SVCS 04/26
25505	202604 300-13100-10000	*	1,677.90
IT PROACTIVE SVCS 04/26
25505	202604 300-13100-10300	*	50.00
IT PROACTIVE SVCS 04/26
25505	202604 310-51300-49100	*	50.00
IT PROACTIVE SVCS 04/26
25505	202604 300-20700-10000	*	50.00-IT PROACTIVE SVCS 04/26
25505	202604 310-53600-41000	*	1,677.90
IT PROACTIVE SVCS 04/26
25505	202604 300-20700-10000	*	1,677.90-IT PROACTIVE SVCS 04/26
MPOWER DATA SOLUTIONS	3,405.80 009685
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/14/26 00248	5/06/26 18WE1422 202605 320-54900-46000	*	560.00
QRTLY INSPECTION 05/26
RING POWER CORPORATION	560.00 009686
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/14/26 00318	4/30/26 FL094310 202604 320-54900-46000	*	675.00
MECHANICAL SWEEP BRIDGES
4/30/26 FL094310 202604 320-54900-46002	*	300.00
MECHANICAL SWEEP PARKWAY
4/30/26 FL094310 202604 320-54900-46000	*	675.00
MECHANICAL SWEEP BRIDGES
4/30/26 FL094310 202604 320-54900-46002	*	300.00
MECHANICAL SWEEP PARKWAY
USA SERVICES OF FLORIDA, INC.	1,950.00 009687
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/21/26 00410	5/11/26 38157361 202604 320-54900-34300	*	742.59
SVCS APRIL 2026
ACC BUSINESS	742.59 009688
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/21/26 00254	5/04/26 9976369	202603 320-54900-25000	*	707.25
REEMPLOYMENT TAX
FLORIDA UC FUND	707.25 009689
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	6/22/26	PAGE	29
*** CHECK DATES 05/01/2026 - 05/31/2026 ***	DUNES CDD - BRIDGE FUND
BANK E DUNES - BRIDGE
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
5/21/26 00154	5/06/26 89328762 202606 300-13100-10000	*	14,017.98
INS JUNE 2026
5/06/26 89328762 202606 300-13100-10100	*	1,496.16
INS JUNE 2026
5/06/26 89328762 202606 320-54900-23000	*	7,135.15
INS JUNE 2026
5/06/26 89328762 202606 300-13100-10300	*	1,294.98
INS JUNE 2026
5/06/26 89328762 202606 320-53800-23000	*	1,496.16
INS JUNE 2026
5/06/26 89328762 202606 300-20700-10000	*	1,496.16-
INS JUNE 2026
5/06/26 89328762 202606 310-53600-23000	*	14,017.98
INS JUNE 2026
5/06/26 89328762 202606 300-20700-10000	*	14,017.98-
INS JUNE 2026
5/06/26 89328762 202606 320-53600-23000	*	1,294.98
INS JUNE 2026
5/06/26 89328762 202606 300-20700-10000	*	1,294.98-
INS JUNE 2026
UNITED HEALTHCARE	23,944.27 009690
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/28/26 00304	5/14/26 1894937	202605 320-54900-46000	*	764.04
SVCS 05/26
5/14/26 1894937	202605 300-13100-10000	*	1,528.06
SVCS 05/26
5/14/26 1894937	202605 320-53600-46000	*	764.03
SVCS 05/26
5/14/26 1894937	202605 330-53600-46000	*	764.03
SVCS 05/26
5/14/26 1894937	202605 300-20700-10000	*	1,528.06-SVCS 05/26
ASCO POWER SERVICES INC.	2,292.10 009691
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/28/26 00173	5/18/26 4873-052 202605 320-54900-34300	*	19.98
PURCHASES THRU 05/18/26
5/18/26 4873-052 202605 320-54900-41000	*	359.70
PURCHASES THRU 05/18/26
5/18/26 4873-052 202605 300-13100-10000	*	359.71
PURCHASES THRU 05/18/26
5/18/26 4873-052 202605 310-53600-41000	*	359.71
PURCHASES THRU 05/18/26
5/18/26 4873-052 202605 300-20700-10000	*	359.71-PURCHASES THRU 05/18/26
BUSINESS CARD	739.39 009692
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
DUNE -DUNES -	SHENNING

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	6/22/26	PAGE	30
*** CHECK DATES 05/01/2026 - 05/31/2026 ***	DUNES CDD - BRIDGE FUND
BANK E DUNES - BRIDGE

DATE	DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS		AMOUNT	#	
5/28/26 00382	5/19/26	4859-052	202605 310-51300-49100	*	590.12		
5/19/26	PURCHASE THRU 05/19/26
4859-052 202605 300-20700-10000	*	590.12-	
	PURCHASE THRU 05/19/26			
5/19/26	4859-052 202605 310-51300-49100	*	125.12	
	PURCHASE THRU 05/19/26			
5/19/26	4859-052 202605 320-54900-34300	*	255.21	
	PURCHASE THRU 05/19/26			
5/19/26	4859-052 202605 300-13100-10100	*	590.12	
	PURCHASE THRU 05/19/26			
5/19/26	4859-052 202605 300-13100-10000	*	3,734.32	
	PURCHASE THRU 05/19/26			
5/19/26	4859-052 202605 310-51300-49100	*	561.16	
	PURCHASE THRU 05/19/26			
5/19/26	4859-052 202605 310-51300-54000	*	106.88	
	PURCHASE THRU 05/19/26			
5/19/26	4859-052 202605 310-51300-42000	*	405.57	
	PURCHASE THRU 05/19/26			
5/19/26	4859-052 202605 310-51300-51000	*	105.95	
	PURCHASE THRU 05/19/26			
5/19/26	4859-052 202605 310-51300-40000	*	1,032.00	
	PURCHASE THRU 05/19/26			
5/19/26	4859-052 202605 310-53600-54100	*	498.00	
	PURCHASE THRU 05/19/26			
5/19/26	4859-052 202605 340-53600-46000	*	1,024.76	
	PURCHASE THRU 05/19/26			
5/19/26	4859-052 202605 300-20700-10000	*	3,734.32-	

CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...	VENDOR NAME	STATUS	AMOUNT	....CHECK.....

PURCHASE THRU 05/19/26

CHASE CARD SERVICES	4,704.77 009693

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/28/26 00101	5/26/26 CD889091 202606 320-54900-52000	*	71.50

	CULLIGAN-DAYTONA	BEACH																71.50 009694	
- - - - - - - -	- - - - - - - - - - - - - - - - - - - - - - - - - - -	- - -	-	-	-	-	-	-	-	-	- -	-	-	-	-	-	- - - - -	- - - - - - - -	
5/28/26 00367	5/19/26 96794590 202606 300-13100-10000										*						2,296.45		
	INS 06/26																		
	5/19/26 96794590 202606 300-13100-10100										*						94.16		
	INS 06/26																		
	5/19/26 96794590 202606 320-54900-23000										*						283.31		
	INS 06/26																		
	5/19/26 96794590 202606 300-13100-10300										*						90.23		
	INS 06/26																		
	5/19/26 96794590 202606 320-53800-23000										*						94.16		
	INS 06/26																		
	5/19/26 96794590 202606 300-20700-10000										*						94.16-		
	INS 06/26																		

RENTAL RO-LEGACY 06/26

DUNE -DUNES -	SHENNING

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	6/22/26	PAGE	31
*** CHECK DATES 05/01/2026 - 05/31/2026 ***	DUNES CDD - BRIDGE FUND
BANK E DUNES - BRIDGE
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
5/19/26 96794590 202606 310-53600-23000	*	2,296.45
INS 06/26
5/19/26 96794590 202606 300-20700-10000	*	2,296.45-INS 06/26
5/19/26 96794590 202606 320-53600-23000	*	90.23
INS 06/26
5/19/26 96794590 202606 300-20700-10000	*	90.23-INS 06/26
HUMANA HEALTH PLAN INC	2,764.15 009695
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/28/26 00418	5/21/26 17533	202605 320-54900-46002	*	825.00
PLANT INSTALL 05/26
5/21/26 17534	202605 320-54900-46002	*	1,150.00
CLEANUP 05/26
5/21/26 17535	202605 320-54900-46002	*	450.00
CLEAN UP 05/26
5/21/26 17536	202605 320-54900-46002	*	680.00
PALM PRUNING 05/26
5/21/26 17537	202605 320-54900-46002	*	3,451.00
MULCH INSTALL 05/26
LAWN ENFORCEMENT AGENCY INC	6,556.00 009696
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/28/26 00377	5/23/26 11262770 202605 320-54900-46000	*	64.00
FUEL 05/26
5/23/26 11262770 202605 300-13100-10000	*	1,181.58
FUEL 05/26
5/23/26 11262770 202605 310-53600-52100	*	1,181.58
FUEL 05/26
5/23/26 11262770 202605 300-20700-10000	*	1,181.58-FUEL 05/26
WEX BANK (RACETRAC)	1,245.58 009697
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
TOTAL FOR BANK E	85,900.20
TOTAL FOR REGISTER	85,900.20

DUNE -DUNES -	SHENNING

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	6/22/26	PAGE	32
*** CHECK DATES 05/01/2026 - 05/31/2026 ***	DUNES CDD - STORMWATER FUND

CHECK	VEND# DATE	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS	STATUS		AMOUNT	....CHECK..... AMOUNT	#	
5/07/26 00005	4/28/26 00560 AP 202604 320-53600-43000
4/28/26 03229 AP 202604 320-53600-43000	*
*		240.74
212.58		
	SVCS APRIL 2026
4/28/26 22538 AP 202604 320-53600-43000	*		224.89		
	SVCS APRIL 2026
4/28/26 74516 AP 202604 320-53600-43000	*		671.62		
	SVCS APRIL 2026
4/28/26 84228 AP 202604 320-53600-43000	*		30.80		
	SVS APRIL 2026
FLORIDA POWER & LIGHT CO				1,380.63 000210	
- - - - - - - - 5/07/26 00017	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/04/26 25492	202605 310-51300-49100
MPOWER DATA SOLUTIONS	- - - -
*	- - - - -	- - - - -	- - - - - - - -

3,680.00 000211	
- - - - - - - - 5/14/26 00003	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/01/26 797	202605 310-51300-34000
GOVERNMENTAL MANAGEMENT SERVICES	- - - -
*	- - - - -	- - - - -	- - - - - - - -

833.50 000212	
- - - - - - - - 5/28/26 00021	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/19/26 40149642 202605 320-53600-49300
XYLEM DEWATERING SOLUTIONS, INC.	- - - -
*	- - - - -	- - - - -	- - - - - - - -

5,610.76 000213	
- - - - - - - -	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	- - - -	- - - - -	- - - - -	- - - - - - - -	

BANK S DUNES-STORMWATER FND

SVCS APRIL 2026

DELL XPS 14 LAPTOP PC

3,680.00

STORMWATER MGMT FEE 05/26

833.50

SVCS 05/26

5,610.76

TOTAL FOR BANK S	11,504.89
TOTAL FOR REGISTER	11,504.89

DUNE -DUNES -	SHENNING