Title: Agenda Tabs_All Districts
Author: Stacie M Vanderbilt

August 19, 2026

Windward CDD

Prepared by AMTEC

(Finance 8.700)

Windward Community Development District (Osceola County, Florida)
$4,230,000 Special Assessment Revenue Bonds, Series 2020A-1
$8,010,000 Special Assessment Revenue Bonds, Series 2020A-2 Acquisition General Account

Windward Community Development District (Osceola County, Florida)
$4,230,000 Special Assessment Revenue Bonds, Series 2020A-1
$8,010,000 Special Assessment Revenue Bonds, Series 2020A-2 Retainage Account

Windward Community Development District (Osceola County, Florida)
$4,230,000 Special Assessment Revenue Bonds, Series 2020A-1
$8,010,000 Special Assessment Revenue Bonds, Series 2020A-2 A-1 Reserve Account

Windward Community Development District (Osceola County, Florida)
$4,230,000 Special Assessment Revenue Bonds, Series 2020A-1
$8,010,000 Special Assessment Revenue Bonds, Series 2020A-2 A-2 Reserve Account

Windward Community Development District (Osceola County, Florida)
$4,230,000 Special Assessment Revenue Bonds, Series 2020A-1
$8,010,000 Special Assessment Revenue Bonds, Series 2020A-2 A-1 Interest Account

Windward Community Development District (Osceola County, Florida)
$4,230,000 Special Assessment Revenue Bonds, Series 2020A-1
$8,010,000 Special Assessment Revenue Bonds, Series 2020A-2 A-2 Interest Account

Windward Community Development District (Osceola County, Florida)
$4,230,000 Special Assessment Revenue Bonds, Series 2020A-1
$8,010,000 Special Assessment Revenue Bonds, Series 2020A-2 Cost of Issuance Account

Windward Community Development District (Osceola County, Florida)
$4,230,000 Special Assessment Revenue Bonds, Series 2020A-1
$8,010,000 Special Assessment Revenue Bonds, Series 2020A-2 Rebate Computation Credits

Windward
Community Development District General Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending August 31, 2026

Forecast #1
Budget

Prorated Budget
Thru 08/31/26

Actual
Thru 08/31/26

Variance

Windward
Community Development District Debt Service Fund - Series 2018-A1
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending August 31, 2026

Windward
Community Development District Debt Service Fund - Series 2020-A1
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending August 31, 2026

Windward
Community Development District Capital Projects Fund - Series 2018
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending August 31, 2026

Adopted
Budget

Prorated Budget
Thru 08/31/26

Actual
Thru 08/31/26

Variance

Windward
Community Development District Capital Projects Fund - Series 2020
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending August 31, 2026

Adopted
Budget

Prorated Budget
Thru 08/31/26

Actual
Thru 08/31/26

Variance

Windward
Community Development District Capital Reserve
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending August 31, 2026

Adopted
Budget

Prorated Budget
Thru 08/31/26

Actual
Thru 08/31/26

Variance

Windward
Community Development District Month to Month

Windward
Community Development District LONG TERM DEBT REPORT

SERIES 2018A-1, SPECIAL ASSESSMENT REVENUE BONDS

Windward
Community Development District LONG TERM DEBT REPORT

SERIES 2020A-1, SPECIAL ASSESSMENT REVENUE BONDS

Windward
Community Development District Utility Schedule

Windward CDD - Sidewalk repair

#6297

Windward CDD - Dog park repairs

#5807

Windward
Community Development District Agenda
September 16, 2026

Agenda

Windward
Community Development District

219 East Livingston Street, Orlando, FL 32801 Phone: 407-841-5524 – Fax: 407-839-1526
September 9, 2026

Board of Supervisors Windward Community Development District

Dear Board Members:
The regular meeting of the Board of Supervisors of the Windward Community Development District will be held Wednesday, September 16, 2026 at 1:00 p.m. at 7813 Four Seasons Blvd., Kissimmee, Florida 34747. Following is the agenda for the meeting:

Board of Supervisors Meeting

Call to Order
Roll Call
Pledge of Allegiance
Public Comment Period
Organization Matters
Appointment of Individual to Fill Board Vacancy with Term Ending November 2026 - (Seat 4)
Administration of Oath of Office to Newly Appointed Supervisor
Consideration of Resolution 2026-06 Appointing Assistant Secretary
Approval of Minutes of the August 19, 2026 Workshop & Board of Supervisors Meetings
Presentation of Series 2020A-1 and 2020A-2 Arbitrage Rebare Report
Staff Reports
Attorney
Engineer
District Manager
Approval of Check Register
Paid / Unpaid Invoices for Approval
Balance Sheet and Income Statement
Field Manager
Consideration of Proposal to Replace Irrigation Controller No. 14
Other Business
Supervisors’ Requests
Adjournment

Section V

Section C

RESOLUTION 2026-06

A RESOLUTION OF THE BOARD OF SUPERVISORS OF WINDWARD COMMUNITY DEVELOPMENT DISTRICT DESIGNATING AN ASSISTANT SECRETARY OF THE DISTRICT AND PROVIDING FOR AN EFFECTIVE DATE
Whereas, Windward Community Development District (hereinafter the “District”) is a local unit of special-purpose government created and existing pursuant to Chapter 190, Florida Statutes, being situated within Osceola County, Florida; and

Whereas, the Board of Supervisors of the District desires to appoint an Assistant Secretary.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF WINDWARD COMMUNITY DEVELOPMENT DISTRICT:

SECTION 1. 	 is appointed Assistant Secretary.

SECTION 2.  This Resolution shall become effective immediately upon its adoption.

Passed and adopted this 	 day of 	 2026.

ATTEST:	WINDWARD COMMUNITY DEVELOPMENT DISTRICT

Secretary / Assistant Secretary	Chairperson, Board of Supervisors

Minutes

MINUTES OF MEETING WINDWARD
COMMUNITY DEVELOPMENT DISTRICT

The regular meeting of the Board of Supervisors of the Windward Community Development District was held Wednesday, August 19, 2026 at 1:00 p.m. at 7813 Four Seasons Boulevard, Kissimmee, Florida.

Present and constituting a quorum were:

Tim Peltier	Chairman
Greg Bobonik	Vice Chairman
Ernest Hofer	Assistant Secretary
Erik Rose	Assistant Secretary by telephone

Also Present were:

Jason Showe	District Manager
Kristen Trucco	District Counsel
Jennifer Eden	District Counsel
Dave Hamstra	District Engineer
Jarett Wright	Field Manager
Manuel Trinidad	HOA, Director
Tracy Reid	HOA, President
Paula DePaola	HA, Vice President Several Residents

FIRST ORDER OF BUSINESS	Call to Order
Mr. Showe called the meeting to order.

SECOND ORDER OF BUSINESS	Roll Call
Mr. Showe called the roll.

THIRD ORDER OF BUSINESS	Pledge of Allegiance
Mr. Showe led the pledge of allegiance.

FOURTH ORDER OF BUSINESS	Public Comment
Mr. Pucia stated I was here two months ago regarding the trees on your property that overhang my backyard and other yards too.
Mr. Showe stated our current vendor doesn’t have the equipment to do the work. We are sourcing new vendors to accomplish that work.
Mr. Pucia stated the CDD property on the easement, is washing away.
Mr. Showe stated I got your email yesterday and forwarded it to Jarett. That is a project Robbie was working on before he left and we are catching up and we will get it done.
A resident stated I understand we booked two groups to use the room this morning. I invite the CDD to see how crowded this studio is for the people who need the chairs. We don’t know that we have been bumped. Communication would be kind and respectful. It is a shared space and only group at a time can use it.
Mr. Hofer stated this came up four or five months ago and we are working on this. We had a conversation and worked it out that this particular class can continue. I’m the one who does the scheduling in Town Square for the CDD, I schedule two hours in the kitchen, 2 hours 1-3 here. We had nothing to do with what happened this morning. Please bring it up at the HOA meeting.

FIFTH ORDER OF BUSINESS	Organizational Matters
Acceptance of Resignation of Supervisor Pierson

On MOTION by Mr. Peltier seconded by Mr. Hofer with all in favor Mr. Pierson’s resignation was accepted.

Appointment of Individual to Fill Board Vacancy with Term Ending November 2026 (Seat 4)
Administration of Oath of Office to Newly Appo9inted Supervisor
Consideration of Resolution 2026-06 Appointing Assistant Secretary
Items B, C, and D were tabled to a future meeting agenda.

SIXTH ORDER OF BUSINESS	Approval of the Minutes of the July 15, 2026
Workshop and Board of Supervisors Meeting

On MOTION by Mr. Bobonik seconded by Mr. Rose with all in favor the minutes of the July 15, 2026 workshop and board meeting were approved as presented.

SEVENTH ORDER OF BUSINESS	Staff Reports
Attorney
Ms. Trucco stated the Tolling Agreement with Khov was signed since the last board meeting. Thanks to Supervisor Bobonik for signing that quickly once the terms were negotiated. The 590 claim is still be reviewed by our experts.

Engineer
Mr. Hamstra stated we plan to finish the site inspections next week and give the board a draft report by Mid-September regarding the developer, CDD and HOA.

Manager
Approval of Check Register

On MOTION by Mr. Hofer seconded by Mr. Bobonik with all in favor the check register was approved with the exception of the following: Guardian 260740 and 260501, GMS 311, Prince and
Sons, 22062, 25131, 25132, 25171, 25560 and 25771.

Proposal for Drone Services
Mr. Showe stated at the workshop we talked about the proposal for the drone services in the amount of $1,950 to help with the 558 plan.

On MOTION by Mr. Peltier seconded by Mr. Hofer with all in favor the drone proposal in the amount of $1,950 was approved.

Balance Sheet and Income Statement
A copy of the balance sheet and income statement were included in the agenda package.

Field Manager
Mr. Wright reviewed the field action items list, copy of which was included in the agenda package.
Mr. Showe stated the board has determined with the verge area ULS will not opt anyone out of verge service. Even if they don’t want their house treated, we will continue to maintain the verge in accordance with our contract so that no resident can opt out of verge service.

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

NINTH ORDER OF BUSINESS	Supervisor’s Requests
Mr. Bobonik stated we are still reviewing the Zoom status. We have proposals we requested from the vendors. We are looking at a proposal for the main gate from the guardhouse to the roundabout to look at replacing the viburnum with podocarpus. We are setting up a meeting with Toho to start the process of being able to handle the individual water meters to eliminate the issues over the water costs. The HOA board will also be invited to this meeting. The verge area replacements projects for Hanson Bay, Antilles and Estuary are still in the works. They are slowly moving up the list of projects and will keep the community updated. RFPs are being reviewed for the cameras and gate vendor that will be taken care of after the security transfer later this year.

TENTH ORDER OF BUSINESS	Adjournment

On MOTION by Mr. Peltier seconded by Mr. Hofer with all in favor the meeting adjourned at 1:19 p.m.

Secretary/Assistant Secretary	Chairman/Vice Chairman

Section VII

REBATE REPORT
Windward Community Development District
(Osceola County, Florida)
$4,230,000 Special Assessment Bonds, Series 2020A-1
$8,010,000 Special Assessment Bonds, Series 2020A-2

Dated: October 29, 2020
Delivered: October 29, 2020

Rebate Report to the Computation Date May 1, 2030
Reflecting Activity Through July 31, 2026

TABLE OF CONTENTS

AMTEC Opinion | 3
Summary of Rebate Computations / Summary of Yield Restriction Computations | 4
Summary of Computational Information and Definitions | 5
Methodology | 7
Sources and Uses | 8
Proof of Arbitrage Yield | 9
Series 2020A-1 Bond Debt Service | 11
Series 2020A-2 Bond Debt Service | 13
Arbitrage Rebate Calculation Detail Report – Acquisition General Account | 14
Arbitrage Rebate Calculation Detail Report – Retainage Account | 15
Arbitrage Rebate Calculation Detail Report – A-1 Reserve Account | 16
Arbitrage Rebate Calculation Detail Report – A-2 Reserve Account | 18
Arbitrage Rebate Calculation Detail Report – A-1 Interest Account | 19
Arbitrage Rebate Calculation Detail Report – A-2 Interest Account | 20
Arbitrage Rebate Calculation Detail Report – Cost of Issuance Account | 21
Arbitrage Rebate Calculation Detail Report – Rebate Computation Credits | 22
Yield Restriction Calculation Detail Report – Acquisition General Account | 23

September 2, 2026

Windward Community Development District c/o Ms. Katie Costa
Director of Operations – Accounting Division Government Management Services – CF, LLC 6200 Lee Vista Boulevard, Suite 300
Orlando, FL 32822

Re:

Windward Community Development District (Osceola County, Florida), $4,230,000 Special
Assessment Bonds, Series 2020A-1 & $8,010,000 Special Assessment Revenue Bonds, Series 2020A-2

Dear Ms. Costa:
AMTEC has prepared certain computations relating to the above referenced bond issue (the "Bonds") at the request of Windward Community Development District (the “District”).
The scope of our engagement consisted of preparing computations shown in the attached schedules to determine the Rebatable Arbitrage and Yield Restriction Liability as described in Section 103 of the Internal Revenue Code of 1954, Section 148(f) of the Internal Revenue Code of 1986, as amended (the “Code”), and all applicable Regulations issued thereunder. The methodology used is consistent with current tax law and regulations and may be relied upon in determining the rebate liability. Certain computational methods used in the preparation of the schedules are described in the Summary of Computational Information and Definitions.

Our engagement was limited to the computation of Rebatable Arbitrage and Yield Restriction Liability based upon the information furnished to us by the District. In accordance with the terms of our engagement, we did not audit the information provided to us, and we express no opinion as to the completeness, accuracy or suitability of such information for purposes of calculating the Rebatable Arbitrage and Yield Restriction Liability.

We have scheduled our next Report as of April 30, 2027. Thank you for this engagement and should you have any questions, please do not hesitate to contact us.

Very truly yours,

Michael J. Scarfo
Senior Vice President

Trong M. Tran
Assistant Vice President

SUMMARY OF REBATE COMPUTATIONS
Our computations, contained in the attached schedules, are summarized as follows: For the May 1, 2030 Computation Date
Reflecting Activity from October 29, 2020 through July 31, 2026

Fund Description | Taxable Inv Yield | Net Income | Rebatable Arbitrage
Acquisition General Account | 1.816073% | 535,105.88 | (1,028,872.32)
Retainage Account | 0.004999% | 102.88 | (132,405.78)
A-1 Reserve Account | 2.630716% | 19,682.67 | (17,337.70)
A-2 Reserve Account | 1.520133% | 8,185.81 | (21,433.98)
A-1 Interest Account | 0.005023% | 6.80 | (8,698.21)
A-2 Interest Account | 0.005021% | 13.42 | (17,173.77)
Cost of Issuance Account | 2.057303% | 3,956.39 | (6,128.24)
Totals | 1.693443% | $567,053.85 | $(1,232,050.00)
Bond Yield | 4.384434% |
Rebate Computation Credits | (15,773.90)
Net Rebatable Arbitrage | $(1,247,823.90)

SUMMARY OF YIELD RESTRICTION COMPUTATIONS
Our computations, contained in the attached schedules, are summarized as follows: For the May 1, 2030 Computation Date
Reflecting Activity from October 29, 2023 through July 31, 2026

Fund Description | Taxable Inv Yield | Yield Restriction Liability
Acquisition General Account | 4.177170% | (29,225.67)
Totals | 4.177170% | $(29,225.67)
Bond Yield (+0.125%) * | 4.509434% |
Net Yield Restriction | $(29,225.67)

*

Pursuant to the Treasury Regulations Section 1.148-2(d)(2), for Yield Restriction purposes, the Bond Yield is adjusted upwardly by 0.125% for funds not held in a refunding escrow
or allocable to replacement proceeds.

Based upon our computations, no rebate or yield restriction liability exists.

SUMMARY OF COMPUTATIONAL INFORMATION AND DEFINITIONS
COMPUTATIONAL INFORMATION

For the purpose of computing Rebatable Arbitrage and Yield Restriction Liability, investment activity is reflected from October 29, 2020, the date of the closing, through July 31, 2026, the Computation Period. All nonpurpose payments and receipts are future valued to the Computation Date of May 1, 2030.

Computations of yield are based on a 360-day year and semiannual compounding on the last day of each compounding interval. Compounding intervals end on a day in the calendar year corresponding to Bond maturity dates or six months prior.

For investment cash flow, debt service and yield computation purposes, all payments and receipts are assumed to be paid or received respectively, as shown on the attached schedules.
Purchase prices on investments are assumed to be at fair market value, representing an arm's length transaction.
During the period between October 29, 2020 and July 31, 2026, the District made periodic payments into the Revenue, A-1 Interest, A-1 Sinking, A-1 Prepayment, A-2 Interest, A-2 Sinking and A-2 Prepayment Accounts (collectively, the “Debt Service Fund”), that were used, along with the interest earned, to provide the required debt service payments.
Under Section 148(f)(4)(A), the rebate requirement does not apply to amounts in certain bona fide debt service funds. The Regulations define a bona fide debt service fund as one that is used primarily to achieve a proper matching of revenues with principal and interest payments within each bond year. The fund must be depleted at least once each bond year, except for a reasonable carryover amount not to exceed the greater of the earnings on the fund for the immediately preceding bond year or 1/12^th of the principal and interest payments on the issue for the immediately preceding bond year.
We have reviewed the Debt Service Fund and have determined that the funds deposited have functioned as a bona fide debt service fund and are not subject to the rebate requirement.

DEFINITIONS

Computation Date
May 1, 2030.

Computation Period
The period beginning on October 29, 2020, the date of the closing, and ending on July 31, 2026.

Temporary Period
The period ending three years from the date of the closing during which time arbitrage profits and losses may be blended.

Yield Restriction Period
The period subsequent to the Temporary Period that proceeds are yield restricted to the yield on the Bonds, plus 0.125%.

Bond Year
Each one-year period (or shorter period from the date of issue) that ends at the close of business on May 1st, the day in the calendar year that was selected by the Issuer, or the final redemption date of the Bonds.

Bond Yield
The discount rate that, when used in computing the present value of all the unconditionally payable payments of principal and interest with respect to the Bonds, produces an amount equal to the present value of the issue price of the Bonds. Present value is computed as of the date of issue of the Bonds.

Taxable Investment Yield
The discount rate that, when used in computing the present value of all receipts of principal and interest to be received on an investment during the Computation Period, produces an amount equal to the fair market value of the investment at the time it became a nonpurpose investment.

Issue Price
The price determined on the basis of the initial offering price to the public at which price a substantial amount of the Bonds was sold.

Rebatable Arbitrage
The Code defines the required rebate as the excess of the amount earned on all nonpurpose investments over the amount that would have been earned if such nonpurpose investments were invested at the Bond Yield, plus any income attributable to the excess. Accordingly, the Regulations require that this amount be computed as the excess of the future value of all the nonpurpose receipts over the future value of all the nonpurpose payments. The future value is computed as of the Computation Date using the Bond Yield.

Yield Restriction Liability
The Rebatable Arbitrage accumulated after the Temporary Period, at the bond yield plus 0.125%.

Funds and Accounts
The Funds and Accounts activity used in the compilation of this Report was received from the District and U.S. Bank, Trustee.

METHODOLOGY

Bond Yield
The methodology used to calculate the bond yield was to determine the discount rate that produces the present value of all payments of principal and interest through the maturity date of the Bonds.

Investment Yield and Rebate Amount
The methodology used to calculate the Rebatable Arbitrage and Yield Restriction Liability, as of July 31, 2026, was to calculate the future value of the disbursements from all funds, subject to rebate, and the value of the remaining bond proceeds, at the yield on the Bonds, to May 1, 2030. This figure was then compared to the future value of the deposit of bond proceeds into the various investment accounts at the same yield. The difference between the future values of the two cash flows, on May 1, 2030, is the Rebatable Arbitrage and Yield Restriction Liability.

Windward Community Development District (Osceola County, Florida)
$4,230,000 Special Assessment Revenue Bonds, Series 2020A-1
$8,010,000 Special Assessment Revenue Bonds, Series 2020A-2 Delivered: October 29, 2020

Sources of Funds

A-1 Par Amount | $ 4,230,000.00
A-2 Par Amount | 8,010,000.00
Total | $12,240,000.00

Uses of Funds

Acquisition and Construction Fund | $ 8,308,336.57
Retainage Account | 2,646,116.00
A-1 Reserve Account | 127,656.25
A-2 Reserve Account | 177,199.00
A-1 Interest Account | 179,494.18
A-2 Interest Account | 354,398.00
Cost of Issuance Account | 202,000.00
Underwriter’s Discount | 244,800.00
Total | $12,240,000.00

PROOF OF ARBITRAGE YIELD
Windward Community Development District (Osceola County, Florida)
$4,230,000 Special Assessment Revenue Bonds, Series 2020A-1
$8,010,000 Special Assessment Revenue Bonds, Series 2020A-2
Present Value to 10/29/2020
Date | Debt Service | Total | @ 4.3844339107%
05/01/2021 | 268,420.93 | 268,420.93 | 262,599.51
11/01/2021 | 265,471.25 | 265,471.25 | 254,142.45
05/01/2022 | 340,471.25 | 340,471.25 | 318,949.80
11/01/2022 | 264,346.25 | 264,346.25 | 242,324.45
05/01/2023 | 344,346.25 | 344,346.25 | 308,888.41
11/01/2023 | 263,146.25 | 263,146.25 | 230,985.98
05/01/2024 | 343,146.25 | 343,146.25 | 294,747.32
11/01/2024 | 261,946.25 | 261,946.25 | 220,173.46
05/01/2025 | 346,946.25 | 346,946.25 | 285,362.68
11/01/2025 | 260,671.25 | 260,671.25 | 209,802.32
05/01/2026 | 345,671.25 | 345,671.25 | 272,246.68
11/01/2026 | 259,120.00 | 259,120.00 | 199,702.01
05/01/2027 | 349,120.00 | 349,120.00 | 263,292.46
11/01/2027 | 257,477.50 | 257,477.50 | 190,013.80
05/01/2028 | 347,477.50 | 347,477.50 | 250,931.24
11/01/2028 | 255,835.00 | 255,835.00 | 180,788.24
05/01/2029 | 350,835.00 | 350,835.00 | 242,602.52
11/01/2029 | 254,101.25 | 254,101.25 | 171,941.77
05/01/2030 | 354,101.25 | 354,101.25 | 234,468.35
11/01/2030 | 252,276.25 | 252,276.25 | 163,461.44
05/01/2031 | 357,276.25 | 357,276.25 | 226,529.76
11/01/2031 | 250,045.00 | 250,045.00 | 155,139.17
05/01/2032 | 360,045.00 | 360,045.00 | 218,596.03
11/01/2032 | 247,707.50 | 247,707.50 | 147,165.77
05/01/2033 | 357,707.50 | 357,707.50 | 207,959.08
11/01/2033 | 245,370.00 | 245,370.00 | 139,589.73
05/01/2034 | 360,370.00 | 360,370.00 | 200,614.73
11/01/2034 | 242,926.25 | 242,926.25 | 132,333.81
05/01/2035 | 362,926.25 | 362,926.25 | 193,462.56
11/01/2035 | 8,250,376.25 | 8,250,376.25 | 4,303,625.65
05/01/2036 | 189,156.25 | 189,156.25 | 96,552.52
11/01/2036 | 61,500.00 | 61,500.00 | 30,718.51
05/01/2037 | 196,500.00 | 196,500.00 | 96,043.91
11/01/2037 | 58,631.25 | 58,631.25 | 28,042.62
05/01/2038 | 198,631.25 | 198,631.25 | 92,964.94
11/01/2038 | 55,656.25 | 55,656.25 | 25,489.88
05/01/2039 | 200,656.25 | 200,656.25 | 89,926.70
11/01/2039 | 52,575.00 | 52,575.00 | 23,056.72
05/01/2040 | 202,575.00 | 202,575.00 | 86,933.31
11/01/2040 | 49,387.50 | 49,387.50 | 20,739.56
05/01/2041 | 209,387.50 | 209,387.50 | 86,042.98
11/01/2041 | 45,787.50 | 45,787.50 | 18,411.70
05/01/2042 | 210,787.50 | 210,787.50 | 82,941.89
11/01/2042 | 42,075.00 | 42,075.00 | 16,200.76
05/01/2043 | 217,075.00 | 217,075.00 | 81,790.57
11/01/2043 | 38,137.50 | 38,137.50 | 14,061.38
05/01/2044 | 218,137.50 | 218,137.50 | 78,702.42
11/01/2044 | 34,087.50 | 34,087.50 | 12,034.70
05/01/2045 | 224,087.50 | 224,087.50 | 77,417.61
11/01/2045 | 29,812.50 | 29,812.50 | 10,078.66
05/01/2046 | 229,812.50 | 229,812.50 | 76,025.65
11/01/2046 | 25,312.50 | 25,312.50 | 8,194.15
05/01/2047 | 230,312.50 | 230,312.50 | 72,957.23
11/01/2047 | 20,700.00 | 20,700.00 | 6,416.58
05/01/2048 | 235,700.00 | 235,700.00 | 71,494.86
11/01/2048 | 15,862.50 | 15,862.50 | 4,708.35
05/01/2049 | 240,862.50 | 240,862.50 | 69,959.83

PROOF OF ARBITRAGE YIELD
Windward Community Development District (Osceola County, Florida)
$4,230,000 Special Assessment Revenue Bonds, Series 2020A-1
$8,010,000 Special Assessment Revenue Bonds, Series 2020A-2
Present Value to 10/29/2020
Date | Debt Service | Total | @ 4.3844339107%
11/01/2049 | 10,800.00 | 10,800.00 | 3,069.63
05/01/2050 | 245,800.00 | 245,800.00 | 68,363.74
11/01/2050 | 5,512.50 | 5,512.50 | 1,500.29
05/01/2051 | 250,512.50 | 250,512.50 | 66,717.18
| 21,065,508.43 | 21,065,508.43 | 12,240,000.00
| Proceeds Summary |
Delivery date | | 10/29/2020
Par Value | | 12,240,000.00
Target for yield calculation | 12,240,000.00

BOND DEBT SERVICE
Windward Community Development District (Osceola County, Florida)
$4,230,000 Special Assessment Revenue Bonds, Series 2020A-1

Period Ending | Principal | Coupon | Interest | Debt Service | Annual Debt Service
10/29/2020 | | | | |
05/01/2021 | | | 90,242.93 | 90,242.93 |
11/01/2021 | | | 89,251.25 | 89,251.25 | 179,494.18
05/01/2022 | 75,000 | 3.000% | 89,251.25 | 164,251.25 |
11/01/2022 | | | 88,126.25 | 88,126.25 | 252,377.50
05/01/2023 | 80,000 | 3.000% | 88,126.25 | 168,126.25 |
11/01/2023 | | | 86,926.25 | 86,926.25 | 255,052.50
05/01/2024 | 80,000 | 3.000% | 86,926.25 | 166,926.25 |
11/01/2024 | | | 85,726.25 | 85,726.25 | 252,652.50
05/01/2025 | 85,000 | 3.000% | 85,726.25 | 170,726.25 |
11/01/2025 | | | 84,451.25 | 84,451.25 | 255,177.50
05/01/2026 | 85,000 | 3.650% | 84,451.25 | 169,451.25 |
11/01/2026 | | | 82,900.00 | 82,900.00 | 252,351.25
05/01/2027 | 90,000 | 3.650% | 82,900.00 | 172,900.00 |
11/01/2027 | | | 81,257.50 | 81,257.50 | 254,157.50
05/01/2028 | 90,000 | 3.650% | 81,257.50 | 171,257.50 |
11/01/2028 | | | 79,615.00 | 79,615.00 | 250,872.50
05/01/2029 | 95,000 | 3.650% | 79,615.00 | 174,615.00 |
11/01/2029 | | | 77,881.25 | 77,881.25 | 252,496.25
05/01/2030 | 100,000 | 3.650% | 77,881.25 | 177,881.25 |
11/01/2030 | | | 76,056.25 | 76,056.25 | 253,937.50
05/01/2031 | 105,000 | 4.250% | 76,056.25 | 181,056.25 |
11/01/2031 | | | 73,825.00 | 73,825.00 | 254,881.25
05/01/2032 | 110,000 | 4.250% | 73,825.00 | 183,825.00 |
11/01/2032 | | | 71,487.50 | 71,487.50 | 255,312.50
05/01/2033 | 110,000 | 4.250% | 71,487.50 | 181,487.50 |
11/01/2033 | | | 69,150.00 | 69,150.00 | 250,637.50
05/01/2034 | 115,000 | 4.250% | 69,150.00 | 184,150.00 |
11/01/2034 | | | 66,706.25 | 66,706.25 | 250,856.25
05/01/2035 | 120,000 | 4.250% | 66,706.25 | 186,706.25 |
11/01/2035 | | | 64,156.25 | 64,156.25 | 250,862.50
05/01/2036 | 125,000 | 4.250% | 64,156.25 | 189,156.25 |
11/01/2036 | | | 61,500.00 | 61,500.00 | 250,656.25
05/01/2037 | 135,000 | 4.250% | 61,500.00 | 196,500.00 |
11/01/2037 | | | 58,631.25 | 58,631.25 | 255,131.25
05/01/2038 | 140,000 | 4.250% | 58,631.25 | 198,631.25 |
11/01/2038 | | | 55,656.25 | 55,656.25 | 254,287.50
05/01/2039 | 145,000 | 4.250% | 55,656.25 | 200,656.25 |
11/01/2039 | | | 52,575.00 | 52,575.00 | 253,231.25
05/01/2040 | 150,000 | 4.250% | 52,575.00 | 202,575.00 |
11/01/2040 | | | 49,387.50 | 49,387.50 | 251,962.50
05/01/2041 | 160,000 | 4.500% | 49,387.50 | 209,387.50 |
11/01/2041 | | | 45,787.50 | 45,787.50 | 255,175.00
05/01/2042 | 165,000 | 4.500% | 45,787.50 | 210,787.50 |
11/01/2042 | | | 42,075.00 | 42,075.00 | 252,862.50
05/01/2043 | 175,000 | 4.500% | 42,075.00 | 217,075.00 |
11/01/2043 | | | 38,137.50 | 38,137.50 | 255,212.50
05/01/2044 | 180,000 | 4.500% | 38,137.50 | 218,137.50 |
11/01/2044 | | | 34,087.50 | 34,087.50 | 252,225.00
05/01/2045 | 190,000 | 4.500% | 34,087.50 | 224,087.50 |
11/01/2045 | | | 29,812.50 | 29,812.50 | 253,900.00
05/01/2046 | 200,000 | 4.500% | 29,812.50 | 229,812.50 |
11/01/2046 | | | 25,312.50 | 25,312.50 | 255,125.00
05/01/2047 | 205,000 | 4.500% | 25,312.50 | 230,312.50 |
11/01/2047 | | | 20,700.00 | 20,700.00 | 251,012.50
05/01/2048 | 215,000 | 4.500% | 20,700.00 | 235,700.00 |
11/01/2048 | | | 15,862.50 | 15,862.50 | 251,562.50
05/01/2049 | 225,000 | 4.500% | 15,862.50 | 240,862.50 |
11/01/2049 | | | 10,800.00 | 10,800.00 | 251,662.50

BOND DEBT SERVICE
Windward Community Development District (Osceola County, Florida)
$4,230,000 Special Assessment Revenue Bonds, Series 2020A-1

Period Ending | Principal | Coupon | Interest | Debt Service | Annual Debt Service
05/01/2050 | 235,000 | 4.500% | 10,800.00 | 245,800.00 |
11/01/2050 | | | 5,512.50 | 5,512.50 | 251,312.50
05/01/2051 | 245,000 | 4.500% | 5,512.50 | 250,512.50 |
11/01/2051 | | | | | 250,512.50
| 4,230,000 | | 3,536,950.43 | 7,766,950.43 | 7,766,950.43

BOND DEBT SERVICE

Windward Community Development District (Osceola County, Florida)
$8,010,000 Special Assessment Revenue Bonds, Series 2020A-2

Annual
Period Ending | Principal | Coupon | Interest | Debt Service | Debt Service
10/29/2020 | | | | |
05/01/2021 | | | 178,178 | 178,178 |
11/01/2021 | | | 176,220 | 176,220 | 354,398
05/01/2022 | | | 176,220 | 176,220 |
11/01/2022 | | | 176,220 | 176,220 | 352,440
05/01/2023 | | | 176,220 | 176,220 |
11/01/2023 | | | 176,220 | 176,220 | 352,440
05/01/2024 | | | 176,220 | 176,220 |
11/01/2024 | | | 176,220 | 176,220 | 352,440
05/01/2025 | | | 176,220 | 176,220 |
11/01/2025 | | | 176,220 | 176,220 | 352,440
05/01/2026 | | | 176,220 | 176,220 |
11/01/2026 | | | 176,220 | 176,220 | 352,440
05/01/2027 | | | 176,220 | 176,220 |
11/01/2027 | | | 176,220 | 176,220 | 352,440
05/01/2028 | | | 176,220 | 176,220 |
11/01/2028 | | | 176,220 | 176,220 | 352,440
05/01/2029 | | | 176,220 | 176,220 |
11/01/2029 | | | 176,220 | 176,220 | 352,440
05/01/2030 | | | 176,220 | 176,220 |
11/01/2030 | | | 176,220 | 176,220 | 352,440
05/01/2031 | | | 176,220 | 176,220 |
11/01/2031 | | | 176,220 | 176,220 | 352,440
05/01/2032 | | | 176,220 | 176,220 |
11/01/2032 | | | 176,220 | 176,220 | 352,440
05/01/2033 | | | 176,220 | 176,220 |
11/01/2033 | | | 176,220 | 176,220 | 352,440
05/01/2034 | | | 176,220 | 176,220 |
11/01/2034 | | | 176,220 | 176,220 | 352,440
05/01/2035 | | | 176,220 | 176,220 |
11/01/2035 | 8,010,000 | 4.400% | 176,220 | 8,186,220 | 8,362,440
| 8,010,000 | | 5,288,558 | 13,298,558 | 13,298,558

| ARBITRAGE REBATE CALCULATION DETAIL REPORT |
RECEIPTS | FUTURE VALUE @ BOND YIELD OF
DATE | DESCRIPTION	(PAYMENTS) | (4.384434%)
10/29/20 | Beg Bal	-8,308,336.57 | -12,547,503.33
03/17/21 | 2,949,524.24 | 4,381,016.40
05/26/21 | 534.20 | 786.89
08/09/21 | From Ret	-2,646,218.88 | -3,863,839.33
02/06/23 | 165.00 | 225.83
05/09/23 | -165.00 | -223.31
06/28/23 | 5,621,913.45 | 7,563,996.81
07/18/23 | 2,750.00 | 3,691.08
08/02/23 | 7,583.55 | 10,161.57
08/17/23 | 21,121.15 | 28,250.17
02/24/25 | 765.00 | 957.96
02/24/25 | 51.00 | 63.86
07/02/25 | -34,471.24 | -42,505.34
07/16/25 | -60.15 | -74.04
09/03/25 | 962.50 | 1,178.14
09/03/25 | 246.20 | 301.36
07/31/26 | Bal	2,910,125.42 | 3,424,504.05
07/31/26 | Acc	8,616.01 | 10,138.93
05/01/30 | TOTALS:	535,105.88 | -1,028,872.32
ISSUE DATE:	10/29/20 | REBATABLE ARBITRAGE: | -1,028,872.32
COMP DATE:	05/01/30 | NET INCOME: | 535,105.88
BOND YIELD: 4.384434% | TAX INV YIELD: | 1.816073%

ARBITRAGE REBATE CALCULATION DETAIL REPORT
FUTURE VALUE @
DATE | DESCRIPTION | RECEIPTS (PAYMENTS) | BOND YIELD OF (4.384434%)
10/29/20 | Beg Bal | -2,646,116.00 | -3,996,245.10
08/09/21 | to Acq | 2,646,218.88 | 3,863,839.33
05/01/30 | TOTALS: | 102.88 | -132,405.78
ISSUE DATE:	10/29/20 | REBATABLE ARBITRAGE: | -132,405.78
COMP DATE:	05/01/30 | NET INCOME: | 102.88
BOND YIELD: 4.384434% | TAX INV YIELD: | 0.004999%

ARBITRAGE REBATE CALCULATION DETAIL REPORT
FUTURE VALUE @
RECEIPTS	BOND YIELD OF
DATE	DESCRIPTION	(PAYMENTS)	(4.384434%)

10/29/20 | Beg | Bal | -127,656.25 | -192,790.36
11/02/20 | | | 0.05 | 0.08
12/01/20 | | | 0.52 | 0.78
01/04/21 | | | 0.54 | 0.81
02/01/21 | | | 0.54 | 0.81
03/01/21 | | | 0.49 | 0.73
04/01/21 | | | 0.54 | 0.80
05/03/21 | | | 0.52 | 0.77
06/01/21 | | | 0.54 | 0.79
07/01/21 | | | 0.52 | 0.76
08/02/21 | | | 0.54 | 0.79
09/01/21 | | | 0.54 | 0.79
10/04/21 | | | 0.52 | 0.75
11/02/21 | | | 0.54 | 0.78
12/02/21 | | | 0.52 | 0.75
01/04/22 | | | 0.54 | 0.77
02/02/22 | | | 0.54 | 0.77
03/02/22 | | | 0.49 | 0.70
04/04/22 | | | 0.54 | 0.77
05/03/22 | | | 0.52 | 0.74
06/02/22 | | | 0.54 | 0.76
07/05/22 | | | 0.52 | 0.73
08/02/22 | | | 0.54 | 0.76
09/02/22 | | | 84.20 | 117.40
10/04/22 | | | 157.38 | 218.59
11/02/22 | | | 193.06 | 267.24
12/02/22 | | | 204.60 | 282.20
01/04/23 | | | 238.52 | 327.71
02/02/23 | | | 253.74 | 347.45
03/02/23 | | | 230.13 | 313.99
04/04/23 | | | 310.57 | 422.11
05/02/23 | | | 387.52 | 524.92
06/02/23 | | | 401.16 | 541.43
07/05/23 | | | 398.71 | 535.99
08/02/23 | | | 464.63 | 622.58
09/05/23 | | | 580.05 | 774.15
10/03/23 | | | 561.34 | 746.66
11/02/23 | | | 580.13 | 768.96
12/04/23 | | | 557.31 | 735.87
01/03/24 | | | 572.77 | 753.65
02/02/24 | | | 567.65 | 744.31
03/04/24 | | | 531.11 | 693.71
04/02/24 | | | 567.88 | 739.24
05/02/24 | | | 549.42 | 712.63
06/04/24 | | | 567.73 | 733.55
07/02/24 | | | 549.42 | 707.50
08/02/24 | | | 567.40 | 728.02
09/04/24 | | | 567.30 | 725.09

| ARBITRAGE REBATE CALCULATION DETAIL REPORT |
RECEIPTS | FUTURE VALUE @ BOND YIELD OF
DATE | DESCRIPTION	(PAYMENTS) | (4.384434%)
10/02/24 | 528.07 | 672.67
11/04/24 | 513.23 | 651.26
12/03/24 | 476.75 | 602.85
01/03/25 | 474.85 | 598.29
02/04/25 | 460.41 | 577.93
02/05/25 | 337.50 | 423.60
03/04/25 | 414.90 | 518.92
04/02/25 | 459.19 | 572.38
05/01/25 | 444.38 | 551.99
06/03/25 | 459.14 | 568.13
07/02/25 | 444.38 | 547.95
08/04/25 | 459.19 | 564.03
09/03/25 | 458.77 | 561.55
10/02/25 | 430.08 | 524.60
11/04/25 | 430.40 | 522.97
01/05/26 | 386.80 | 466.55
02/03/26 | 378.15 | 454.58
03/03/26 | 341.49 | 409.03
04/02/26 | 378.07 | 451.27
05/04/26 | 365.88 | 435.04
07/02/26 | 355.90 | 420.22
07/31/26 | Bal	127,318.75 | 149,822.95
07/31/26 | Acc	367.76 | 432.76
05/01/30 | TOTALS:	19,682.67 | -17,337.70
ISSUE DATE:	10/29/20 | REBATABLE ARBITRAGE: | -17,337.70
COMP DATE:	05/01/30 | NET INCOME: | 19,682.67
BOND YIELD: 4.384434% | TAX INV YIELD: | 2.630716%

ARBITRAGE REBATE CALCULATION DETAIL REPORT
FUTURE VALUE @
RECEIPTS	BOND YIELD OF
DATE	DESCRIPTION	(PAYMENTS)	(4.384434%)

10/29/20 | Beg | Bal | -177,199.00 | -267,611.34
06/30/21 | | | 5.21 | 7.64
11/01/21 | | | 979.00 | 1,415.42
11/01/21 | | | 2.23 | 3.22
02/01/22 | | | 5,062.20 | 7,239.91
05/02/22 | | | 14,850.00 | 21,006.77
05/02/22 | | | 2.16 | 3.06
08/01/22 | | | 10,560.00 | 14,778.83
08/01/22 | | | 2.10 | 2.94
11/01/22 | | | 15,730.00 | 21,776.90
11/01/22 | | | 97.44 | 134.90
02/01/23 | | | 10,670.00 | 14,612.44
02/01/23 | | | 609.65 | 834.91
05/01/23 | | | 720.21 | 975.68
05/01/23 | | | 22,990.00 | 31,145.01
08/01/23 | | | 9,020.00 | 12,087.80
08/01/23 | | | 962.23 | 1,289.49
10/04/23 | | | 3,850.85 | 5,121.54
11/01/23 | | | 9,020.00 | 11,957.44
02/01/24 | | | 11,077.21 | 14,526.24
05/01/24 | | | 15,400.00 | 19,977.20
05/03/24 | | | 961.49 | 1,246.96
08/01/24 | | | 9,240.00 | 11,857.06
08/01/24 | | | 809.25 | 1,038.45
11/01/24 | | | 9,790.00 | 12,427.36
12/03/24 | | | 630.57 | 797.36
02/03/25 | | | 5,390.00 | 6,766.61
02/03/25 | | | 459.35 | 576.67
05/01/25 | | | 11,220.00 | 13,937.06
05/01/25 | | | 317.89 | 394.87
08/01/25 | | | 10,138.24 | 12,457.53
02/19/26 | | | 4,817.53 | 5,780.08
05/01/30 | TOTALS: | 8,185.81 | -21,433.98

ISSUE DATE: 10/29/20 REBATABLE ARBITRAGE: -21,433.98 COMP DATE:  05/01/30 NET INCOME:	8,185.81 BOND YIELD: 4.384434%  TAX INV YIELD:    1.520133%

ARBITRAGE REBATE CALCULATION DETAIL REPORT
FUTURE VALUE @
DATE | DESCRIPTION | RECEIPTS (PAYMENTS) | BOND YIELD OF (4.384434%)
10/29/20 | Beg Bal | -179,494.18 | -271,077.59
05/01/21 | | 90,242.93 | 133,331.87
11/01/21 | | 89,251.25 | 129,037.89
05/02/22 | | -89,244.45 | -126,244.95
05/02/22 | | 89,251.25 | 126,254.57
05/01/30 | TOTALS: | 6.80 | -8,698.21
ISSUE DATE:	10/29/20 | REBATABLE ARBITRAGE: | -8,698.21
COMP DATE:	05/01/30 | NET INCOME: | 6.80
BOND YIELD: 4.384434% | TAX INV YIELD: | 0.005023%

| ARBITRAGE REBATE CALCULATION DETAIL REPORT |
RECEIPTS | FUTURE VALUE @ BOND YIELD OF
DATE | DESCRIPTION	(PAYMENTS) | (4.384434%)
10/29/20 | Beg Bal	-354,398.00 | -535,222.67
05/01/21 | 178,178.00 | 263,253.92
11/01/21 | 176,220.00 | 254,775.79
02/01/22 | -7,411.58 | -10,599.98
02/01/22 | 7,425.00 | 10,619.17
05/02/22 | -156,310.00 | -221,115.70
05/02/22 | 156,310.00 | 221,115.70
08/01/22 | -7,865.00 | -11,007.15
08/01/22 | 7,865.00 | 11,007.15
05/01/30 | TOTALS:	13.42 | -17,173.77
ISSUE DATE:	10/29/20 | REBATABLE ARBITRAGE: | -17,173.77
COMP DATE:	05/01/30 | NET INCOME: | 13.42
BOND YIELD: 4.384434% | TAX INV YIELD: | 0.005021%

ARBITRAGE REBATE CALCULATION DETAIL REPORT
FUTURE VALUE @
RECEIPTS	BOND YIELD OF
DATE	DESCRIPTION	(PAYMENTS)	(4.384434%)

10/29/20 | Beg | Bal | -202,000.00 | -305,066.56
10/29/20 | | | 42,500.00 | 64,184.80
10/29/20 | | | 6,000.00 | 9,061.38
10/29/20 | | | 40,000.00 | 60,409.22
10/30/20 | | | 46,750.00 | 70,594.77
11/16/20 | | | 5,675.00 | 8,553.02
12/01/20 | | | 1,500.00 | 2,256.63
02/22/22 | | | 29,000.00 | 41,370.74
07/16/25 | | | 34,471.24 | 42,433.71
07/16/25 | | | 60.15 | 74.04
05/01/30 | TOTALS: | 3,956.39 | -6,128.24
ISSUE DATE:	10/29/20 | REBATABLE ARBITRAGE: | -6,128.24
COMP DATE:	05/01/30 | NET INCOME: | 3,956.39
BOND YIELD: 4.384434% | TAX INV YIELD: | 2.057303%

| ARBITRAGE REBATE CALCULATION DETAIL REPORT |
RECEIPTS | FUTURE VALUE @ BOND YIELD OF
DATE | DESCRIPTION	(PAYMENTS) | (4.384434%)
05/01/21 | -1,780.00 | -2,629.91
05/01/22 | -1,830.00 | -2,589.02
05/01/23 | -1,960.00 | -2,655.25
05/01/24 | -2,070.00 | -2,685.25
05/01/25 | -2,120.00 | -2,633.38
05/01/26 | -2,170.00 | -2,581.08
05/01/30 | TOTALS:	-11,930.00 | -15,773.90

ISSUE DATE:	10/29/20	REBATABLE ARBITRAGE: -15,773.90 COMP DATE:	05/01/30
BOND YIELD: 4.384434%

YIELD RESTRICTION CALCULATION DETAIL REPORT

DATE | DESCRIPTION | RECEIPTS (PAYMENTS) | % | ADJUSTED RECEIPTS (PAYMENTS) | FUTURE VALUE @ BOND YIELD OF (4.509434%)
10/29/23 | YR | Bal | -2,574,153.62 | 96.12 | -2,474,153.62 | -3,306,875.28
02/24/25 | | 765.00 | 96.12 | 735.28 | 926.60
02/24/25 | | 51.00 | 96.12 | 49.02 | 61.77
07/02/25 | | -34,471.24 | 96.12 | -33,132.11 | -41,096.14
07/16/25 | | -60.15 | 96.12 | -57.81 | -71.59
09/03/25 | | 962.50 | 96.12 | 925.11 | 1,138.84
09/03/25 | | 246.20 | 96.12 | 236.64 | 291.31
07/31/26 | Bal | 2,910,125.42 | 96.12 | 2,797,073.68 | 3,306,608.94
07/31/26 | Acc | 8,616.01 | 96.12 | 8,281.30 | 9,789.88
05/01/30 | TOTALS: | 312,081.12 | | 299,957.49 | -29,225.67
ISSUE DATE:	10/29/20 | YIELD REDUCTION AMT: -29,225.67 |
COMP DATE:	05/01/30 | NET INCOME: | 299,957.49 |
BOND YIELD: 4.509434% | TAX INV YIELD: | | 4.177170% |

Section VIII

Section C

Section 1

Windward  Community Development District

Summary of Check Register

| August 6, 2026 to September | 2, 2026 |
| Fund | Date | Check No.'s | | Amount
General Fund | | 8/10/26 | 1304-1305 | $ | 24,004.41
| | 8/19/26 | 1306-1306 | $ | 3,597.28
| | 9/1/26 | 1307-1318 | $ | 52,216.50
| | | Total Amount | $ | 79,818.19

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	9/09/26	PAGE	1
*** CHECK DATES 08/06/2026 - 09/02/2026 ***	WINDWARD CDD - GENERAL FUND
BANK A GENERAL FUND
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
8/10/26 00010	8/06/26 6513-07. 202607 320-53800-43000	*	23.48
17031 KEY BAY TRL JUL26
8/07/26 5497-07. 202607 320-53800-43000	*	374.32
79811 4 SEASONS BLV JUL26
8/07/26 6042-07. 202607 320-53800-43000	*	31.25
7701 4 SEASONS BLVD JUL26
8/07/26 7572-07. 202607 320-53800-43500	*	1,396.82
0000 4 SEASONS BLVD JUL26
DUKE ENERGY	1,825.87 001304
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/10/26 00009	7/28/26 4559-07. 202607 320-53800-43100	*	22,101.23
0 FOUR SEASONS BLVD JUL26
7/28/26 8619-07. 202607 320-53800-43100	*	29.48
7900 4 SEASON BLVD JUL26
7/28/26 8639-07. 202607 320-53800-43100	*	14.54
7900 4 SEASONS BLVD JUL26
7/28/26 9609-07. 202607 320-53800-43100	*	33.29
7980 4 SEASONS BLVD JUL26
TOHO WATER AUTHORITY	22,178.54 001305

8/19/26 00010 | 8/11/26
| 8/11/26
| 8/11/26
| 8/11/26
| 8/11/26
| 8/11/26
| 8/12/26
| 8/12/26
| 8/13/26
| 8/13/26

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5059-07. 202607 320-53800-43000	*	30.80
24801 SANDY CREEK JUL26
5281-07. 202607 320-53800-43000	*	189.46
7980 4 SEASONS BLVD JUL26
6274-07. 202607 320-53800-43000	*	41.91
77001 4 SEASON BLVD JUL26
6761-07. 202607 320-53800-43000	*	30.80
78151 4 SEASON BLVD JUL26
7829-07. 202607 320-53800-43000	*	30.80
21501 PEBBLE PASS JUL26
8052-07. 202607 320-53800-43000	*	30.80
79011 HANSON BAY PL JUL26
1747-07. 202607 320-53800-43000	*	39.65
23131 SEAGRASS PT JUL26
8932-07. 202607 320-53800-43000	*	19.84
21421 LIMESTONE TRL JUL26
0124-07. 202607 320-53800-43500	*	1,657.95
000 4 SEASON BLVD JUL26
5801-07. 202607 320-53800-43500	*	1,525.27
000 SAND HILL RD JUL26
DUKE ENERGY	3,597.28 001306
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/01/26 00046	7/21/26 45321	202608 320-53800-47000	*	2,295.00
BACKFLOW REPAIRS
AARON'S BACKFLOW SERVICES, INC	2,295.00 001307
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
WWRD --WINDWARD--	ZYAN

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	9/09/26	PAGE	2
*** CHECK DATES 08/06/2026 - 09/02/2026 ***	WINDWARD CDD - GENERAL FUND
BANK A GENERAL FUND
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
9/01/26 00014	7/01/26 260373	202608 320-53800-47000	*	120.00
WI-PAK MONTHLY SVC JUL26
ACCESS CONTROL SYSTEMS LLC	120.00 001308
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/01/26 00041	7/24/26 22218	202608 320-53800-47100	*	375.00
POND MAINTENANCE JUL26
AQUATIC WEED MANAGEMENT, INC	375.00 001309
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/01/26 00010	8/19/26 6977-08. 202608 320-53800-43500	*	1,527.51
000 SAND HILL LN AUG26
8/28/26 7366-08. 202608 320-53800-43500	*	3,907.92
000 SHADOW TREE LN AUG26
DUKE ENERGY	5,435.43 001310
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/01/26 00001	7/01/26 309	202608 320-53800-12000	*	2,000.00
FIELD AMANGEMENT JUL26
7/01/26 310	202608 310-51300-34000	*	4,583.33
MANAGEMENT FEES JUL26
7/01/26 310	202608 310-51300-35200	*	92.75
WEBSITE ADMIN JUL26
7/01/26 310	202608 310-51300-35100	*	162.33
INFO TECHNOLOGY JUL26
7/01/26 310	202608 310-51300-31300	*	841.75
DISSEMINAITON AGENT JUL26
7/01/26 310	202608 310-51300-51000	*	.42

202608 310-51300-42000 | * | 203.44
202608 310-51300-42500 | * | 8.10

OFFICE SUPPLIES 7/01/26 310
POSTAGE 7/01/26 310
COPIES
GOVERNMENTAL MANAGEMENT SERVICES-CF	7,892.12 001311
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/01/26 00002	7/13/26 154570	202608 310-51300-31500	*	2,112.00
GENERAL COUNSEL JUN26
7/13/26 154571	202608 310-51300-31500	*	160.00
CONSTRUCTION DEFECT JUN26
LATHAM LUNA EDEN & BEAUDINE LLP	2,272.00 001312
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/01/26 00072	7/10/26 207122	202608 320-53800-47000	*	816.56
LNDSCPE BREAKERS REMOVED
NEUWIRE INC.	816.56 001313
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/01/26 00070	7/31/26 228637	202608 310-51300-31100	*	3,534.35
ENGINEER SERVICES JUN26
PEGASUS ENGINEERING, LLC	3,534.35 001314
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
WWRD --WINDWARD--	ZYAN

AP300R *** CHECK DATES | YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER BANK A GENERAL FUND | | RUN	9/09/26 | PAGE	3
CHECK	VEND# DATE | .....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS | | AMOUNT | ....CHECK..... AMOUNT	#
9/01/26 00059 | 4/23/26 23559	202608 320-53800-46400	* 7/24/26 25307	202608 320-53800-46400	* | | 670.24 711.37 |
| IRRIGATION LABOR PRINCE & SONS, INC. | | | 1,381.61 001315

- - - - - - - - 9/01/26 00062

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/01/26 AV33074	202608 320-53800-46900	*
RESORT POOL SERVICES

-

- - - - - - -

- - - - - - - -

750.00 001316

- - - - - - - - 9/01/26 00009

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/21/26 8979-08. 202608 320-53800-43100	*
TOHO WATER AUTHORITY

-

- - - - - - -

- - - - - - - -

25,644.43 001317

- - - - - - - - 9/01/26 00064

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/20/26 216345	202608 320-53800-46800	*
FLORIDA ULS OPERATING, LLC DBA

-

- - - - - - -

- - - - - - - -

1,700.00 001318

- - - - - - - - | - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - | - | - - - - - - - | - - - - - - - -

08/06/2026 - 09/02/2026 ***	WINDWARD CDD - GENERAL FUND

IRRIGATION LABOR

FOUNTAIN MAINT - AUG 26

750.00

7700 4 SEASONS BLVD AUG26

25,644.43

VERGE LNDSCPE MAINT JUL26

1,700.00

TOTAL FOR BANK A	79,818.19
TOTAL FOR REGISTER	79,818.19

WWRD --WINDWARD--	ZYAN

Section 3

Windward
Community Development District

Unaudited Financial Reporting
August 31, 2026

TABLE OF CONTENTS

1 | Balance Sheet
2-3 | General Fund Income Statement
4 | Series 2018 - A1 Debt Service Income Statement
5 | Series 2020 - A1 Debt Service Income Statement
6 | Series 2018 Capital Projects Income Statement
7 | Series 2020 Capital Projects Income Statement
8 | Capital Reserve Fund
9-10 | Month To Month
11-12 | Long Term Debt Summary
13-14 | Utility Schedule
15 | Cost Share Contribution Schedule
16 | Accounts Payable Aging Report
17 | Special Assessment Receipts Schedule

Windward
Community Development District Combined Balance Sheet
August 31, 2026

| General	Debt Service Fund		Fund | Capital Projects Fund | Capital Reserve Fund | Totals Governmental Funds

Assets:
Cash:
Operating Account

$

96,142	$	-

$	-

$	-

$	96,142

State Board of Administration | $ | 1,093,731	$	- | $	- | $	- | $	1,093,731
Capital Reserve Account | $ | -	$	- | $	- | $	102,925 | $	102,925
Prepaid Expense | $ | 1,053	$	- | $	- | $	- | $	1,053
Due from Other | $ | 53,840	$	- | $	- | $	- | $	53,840
Due from General Fund | $ | -	$	2,897 | $	- | $	- | $	2,897

Investments
Series 2018 A-1/A-2 Reserve A-1

$

-	$	119,413

$	-

$	-

$	119,413

Reserve A-2 | $ | -	$	145 | $	- | $	- | $	145
Revenue | $ | -	$	156,485 | $	- | $	- | $	156,485
Prepayment A-1 | $ | -	$	24,089 | $	- | $	- | $	24,089

Construction
Series 2020 A-1/A-2

$

-	$	-

$	6,186

$	-

$	6,186

Reserve A-1 | $	- | $	120,375 | $	- | $	- | $	120,375
Revenue | $	- | $	387,632 | $	- | $	- | $	387,632
Construction | $	- | $	- | $	2,918,766 | $	- | $	2,918,766
Total Assets | $	1,244,765 | $	811,035 | $	2,924,952 | $	102,925 | $	5,083,678
Liabilities: | | | | |
Accounts Payable	$	80,758 | $	- | $	-	$	-	$	80,758
Due to Debt Service Fund	$	2,897 | $	- | $	-	$	-	$	2,897
Total Liabilities	$	83,655 | $	- | $	-	$	-	$	83,655

Fund Balances:
Nonspendable:
Prepaid Items	$	1,053
Restricted for:
Debt Service	$	-

$	-

$	811,035

$	-	$	-	$	1,053

$	-	$	-	$	811,035

Capital Projects	$ | - | $ | - | $ | 2,924,952 | $	- | $ | 2,924,952
Capital Reserves	$ | - | $ | - | $ | - | $	102,925 | $ | 102,925
Unassigned	$ | 1,160,057 | $ | - | $ | - | $	- | $ | 1,160,057
Total Fund Balances | $	1,161,110 | $	811,035 | $	2,924,952 | $	102,925 | $	5,000,023
Total Liabilities & Fund Balance | $	1,244,765 | $	811,035 | $	2,924,952 | $	102,925 | $	5,083,678

Assigned for:

Revenues

Assessments - Tax Roll | $ | 1,378,623 | $ | 1,378,623 | $ | 1,385,412 | $ | 6,789
Interest Income | $ | - | $ | - | $ | 34,724 | $ | 34,724
Total Revenues | $ | 1,378,623 | $ | 1,378,623 | $ | 1,420,136 | $ | 41,513
Expenditures: | | | | | | | |
General & Administrative: | | | | | | | |
Supervisors Fees | $ | 12,000 | $ | 11,000 | $ | - | $ | 11,000
FICA Expense | $ | 500 | $ | 458 | $ | - | $ | 458
Engineering | $ | 16,000 | $ | 14,667 | $ | 30,525 | $ | (15,858)
Attorney | $ | 50,000 | $ | 45,833 | $ | 39,015 | $ | 6,819
Arbitrage | $ | 900 | $ | 450 | $ | 450 | $ | -
Dissemination | $ | 10,101 | $ | 9,259 | $ | 8,418 | $ | 842
Reamortization Schedules | $ | - | $ | - | $ | 750 | $ | (750)
Annual Audit | $ | 6,500 | $ | 6,500 | $ | 6,700 | $ | (200)
Trustee Fees | $ | 8,008 | $ | 8,008 | $ | 8,443 | $ | (435)
Assessment Administration | $ | 5,565 | $ | 5,565 | $ | 5,565 | $ | -
Management Fees | $ | 55,000 | $ | 50,417 | $ | 45,833 | $ | 4,583
Information Technology | $ | 1,948 | $ | 1,786 | $ | 1,623 | $ | 162
Website Maintenance | $ | 1,113 | $ | 1,020 | $ | 928 | $ | 93
Telephone | $ | 125 | $ | 115 | $ | - | $ | 115
Postage | $ | 800 | $ | 733 | $ | 1,894 | $ | (1,161)
Travel Per Diem | $ | 660 | $ | 605 | $ | - | $ | 605
Printing & Binding | $ | 500 | $ | 458 | $ | 293 | $ | 165
Insurance | $ | 6,817 | $ | 6,817 | $ | 7,028 | $ | (211)
Legal Advertising | $ | 1,500 | $ | 1,375 | $ | 2,674 | $ | (1,299)
Other Current Charges | $ | 2,000 | $ | 1,833 | $ | 451 | $ | 1,382
Office Supplies | $ | 150 | $ | 138 | $ | 331 | $ | (194)
Property Appraiser | $ | 500 | $ | 500 | $ | 500 | $ | -
Dues, Licenses & Subscriptions | $ | 175 | $ | 175 | $ | 175 | $ | -
Total General & Administrative: | $ | 180,862 | $ | 167,712 | $ | 161,595 | $ | 6,117

Operation & Maintenance

Field Expenditures |
Field Services | $ | 24,000 | $ | 22,000 | $ | 20,000 | $ | 2,000
Facility Maintenance | $ | 18,500 | $ | 16,958 | $ | 2,858 | $ | 14,100
Electric | $ | 160,009 | $ | 146,675 | $ | 108,314 | $ | 38,360
Water & Sewer | $ | 300,000 | $ | 275,000 | $ | 178,344 | $ | 96,656
Security Building Maintenance | $ | 15,000 | $ | 13,750 | $ | 24,979 | $ | (11,229)
Landscape Maintenance | $ | 260,000 | $ | 238,333 | $ | 137,033 | $ | 101,300
Landscape Contingency | $ | 149,552 | $ | 137,089 | $ | 141,795 | $ | (4,706)
Property Insurance | $ | 10,000 | $ | 10,000 | $ | 6,889 | $ | 3,111
Fountain Maintenance | $ | 14,600 | $ | 13,383 | $ | 8,800 | $ | 4,583
Lake Maintenance | $ | 22,100 | $ | 20,258 | $ | 14,750 | $ | 5,508
Irrigation Repairs | $ | 100,000 | $ | 91,667 | $ | 13,999 | $ | 77,668
Roadway Maintenance | $ | 9,000 | $ | 8,250 | $ | - | $ | 8,250
Sidewalk Repair | $ | - | $ | - | $ | 46,569 | $ | (46,569)
Contingency | $ | 65,000 | $ | 59,583 | $ | 22,586 | $ | 36,997
Total Operations & Maintenance Expenditures | $ | 1,147,761 | $ | 1,052,948 | $ | 726,917 | $ | 326,030
Total Expenditures | $ | 1,328,623 | $ | 1,220,660 | $ | 888,512 | $ | 332,147
Excess (Deficiency) of Revenues over Expenditures | $ | 50,000 | | | $ | 531,624 | |

Other Financing Sources/(Uses)

Transfer In/Out

$

(50,000)

$

(50,000)

$

(50,000)

$

-

Total Other Financing Sources/(Uses) | $ | (50,000) | $ | (50,000) | $ | (50,000) | $ | -
Net Change in Fund Balance | $ | - | | | $ | 481,624 | |
Fund Balance - Beginning | $ | - | | | $ | 679,486 | |
Fund Balance - Ending | $ | - | | | $ | 1,161,110 | |

| | Adopted | Prorated Budget | | Actual | |
| | Budget | Thru 08/31/26 | Thru 08/31/26 | | Variance
Revenues | | | | | | | |
Assessments - 2018 A1 Tax Roll | $ | 243,648 | $ | 243,648 | $ | 240,314 | $ | (3,334)
Assessments - 2018 A1 Prepayment | $ | - | $ | - | $ | 22,500 | $ | 22,500
Interest Income | $ | 6,484 | $ | 6,484 | $ | 10,118 | $ | 3,634
Total Revenues | $ | 250,132 | $ | 250,132 | $ | 272,932 | $ | 22,800
Expenditures: | | | | | | | |

Series 2018A-1
Interest - 11/1

$

89,005

$

89,005

$

89,005

$

-

Special Call - 11/1 | $ | - | $ | - | $ | 50,000 | $ | (50,000)
Principal - 5/1 | $ | 65,000 | $ | 65,000 | $ | 65,000 | $ | -
Interest - 5/1 | $ | 89,005 | $ | 89,005 | $ | 87,565 | $ | 1,440
Total Expenditures | $ | 243,010 | $ | 243,010 | $ | 291,570 | $ | (48,560)
Excess (Deficiency) of Revenues over Expenditures | $ | 7,122 | | | $ | (18,638) | |
Fund Balance - Beginning | $ | 151,223 | | | $ | 320,173 | |
Fund Balance - Ending | $ | 158,345 | | | $ | 301,535 | |

| | Adopted | Prorated Budget | | Actual | |
| | Budget | Thru 08/31/26 | Thru 08/31/26 | | Variance
Revenues | | | | | | | |
Assessments - 2020 A1 Tax Roll | $ | 255,379 | $ | 255,379 | $ | 255,731 | $ | 351
Interest Income | $ | 10,568 | $ | 10,568 | $ | 22,952 | $ | 12,384
Total Revenues | $ | 265,948 | $ | 265,948 | $ | 278,683 | $ | 12,735
Expenditures: | | | | | | | |

Series 2020A-1
Interest - 11/1

$

84,114

$

84,114

$

84,114

$

-

Special Call - 5/1 | $ | - | $ | - | $ | 205,000 | $ | (205,000)
Principal - 5/1 | $ | 85,000 | $ | 85,000 | $ | 85,000 | $ | -
Interest - 5/1 | $ | 84,114 | $ | 84,114 | $ | 84,114 | $ | -
Special Call - 8/1 | $ | - | $ | - | $ | 10,000 | $ | (10,000)
Interest - 8/1 | $ | - | $ | - | $ | 113 | $ | (113)
Total Expenditures | $ | 253,228 | $ | 253,228 | $ | 468,340 | $ | (215,113)

Excess (Deficiency) of Revenues over Expenditures | $ | 12,720 | | | $ | (189,657) |
Fund Balance - Beginning | $ | 135,605 | | | $ | 699,157 | |
Fund Balance - Ending | $ | 148,325 | | | $ | 509,500 | |

Revenues

Interest

$

-	$

-	$	202

$	202

Total Revenues | $ | -	$ | -	$	202 | $	202

Expenditures:

Capital Outlay

$

-	$

-	$	-

$	-

Total Expenditures | $ | -	$ | -	$	- | $	-
Excess (Deficiency) of Revenues over Expenditures | $ | - | $	202 |
Fund Balance - Beginning | $ | - | $	5,984 |
Fund Balance - Ending | $ | - | $	6,186 |

Revenues |
Interest | $ | -	$ | -	$	95,108 | $	95,108
Total Revenues | $ | -	$ | -	$	95,108 | $	95,108

Expenditures:
Capital Outlay

$

-	$

-	$	-

$	-

Total Expenditures | $ | -	$ | -	$	- | $	-
Excess Revenues (Expenditures) | $ | - | $	95,108 |
Fund Balance - Beginning | $ | - | $	2,823,658 |
Fund Balance - Ending | $ | - | $	2,918,766 |

Revenues |
Interest | $	311 | $	311 | $	1,993 | $	1,682
Total Revenues | $	311 | $	311 | $	1,993 | $	1,682

Expenditures:
Capital Outlay

$	-

$	-

$	-

$	-

Total Expenditures | $	- | $	- | $	- | $	-
Excess Revenues (Expenditures) | $	311 | | $	1,993 |
Other Financing Sources/(Uses) | | | |
Transfer In (Out) | $	50,000 | $	50,000 | $	50,000 | $	-
Total Other Financing Sources (Uses) | $	50,000 | $	50,000 | $	50,000 | $	-
Net Change in Fund Balance | $	50,311 | | $	51,993 |
Fund Balance - Beginning | $	277,041 | | $	50,932 |
Fund Balance - Ending | $	327,352 | | $	102,925 |

| Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Total
Revenues | | | | | | | | | | | | |
Assessments - Tax Roll | $	- | $	257,156 | $	981,571 | $	40,210 | $	31,280 | $	12,287 | $	36,673 | $	18,144 | $	8,054 | $	36 | $	- | $	-  $ | 1,385,412
Interest Income | $	2,067 | $	1,942 | $	1,938 | $	3,221 | $	3,367 | $	3,622 | $	3,517 | $	3,710 | $	3,792 | $	3,820 | $	3,729 | $	-  $ | 34,724
Total Revenues | $	2,067 | $	259,098 | $	983,508 | $	43,432 | $	34,647 | $	15,910 | $	40,190 | $	21,854 | $	11,847 | $	3,856 | $	3,729 | $	-  $ | 1,420,136
Expenditures: | | | | | | | | | | | | |
General & Administrative: | | | | | | | | | | | | |
Supervisors Fees | $	- | $	- | $	- | $	- | $	- | $	- | $	- | $	- | $	- | $	- | $	- | $	-  $ | -
FICA Expense | $	- | $	- | $	- | $	- | $	- | $	- | $	- | $	- | $	- | $	- | $	- | $	-  $ | -
Engineering | $	808 | $	- | $	- | $	- | $	- | $	- | $	- | $	2,443 | $	13,047 | $	10,694 | $	3,534 | $	-  $ | 30,525
Attorney | $	5,093 | $	2,561 | $	3,533 | $	- | $	- | $	3,601 | $	5,131 | $	6,024 | $	7,061 | $	3,740 | $	2,272 | $	-  $ | 39,015
Arbitrage | $	- | $	- | $	- | $	- | $	- | $	- | $	- | $	- | $	450 | $	- | $	- | $	-  $ | 450
Dissemination | $	842 | $	842 | $	842 | $	842 | $	- | $	842 | $	842 | $	1,684 | $	- | $	842 | $	842 | $	-  $ | 8,418
Reamortization Schedules | $	250 | $	- | $	- | $	- | $	- | $	- | $	- | $	500 | $	- | $	- | $	- | $	-  $ | 750
Annual Audit | $	- | $	- | $	- | $	- | $	6,700 | $	- | $	- | $	- | $	- | $	- | $	- | $	-  $ | 6,700
Trustee Fees | $	956 | $	4,074 | $	3,412 | $	- | $	- | $	- | $	- | $	- | $	- | $	- | $	- | $	-  $ | 8,443
Assessment Administration | $	5,565 | $	- | $	- | $	- | $	- | $	- | $	- | $	- | $	- | $	- | $	- | $	-  $ | 5,565
Management Fees | $	4,583 | $	4,583 | $	4,583 | $	4,583 | $	- | $	4,583 | $	4,583 | $	9,167 | $	- | $	4,583 | $	4,583 | $	-  $ | 45,833
Information Technology | $	162 | $	162 | $	162 | $	162 | $	- | $	162 | $	162 | $	325 | $	- | $	162 | $	162 | $	-  $ | 1,623
Website Maintenance | $	93 | $	93 | $	93 | $	93 | $	- | $	93 | $	93 | $	186 | $	- | $	93 | $	93 | $	-  $ | 928
Telephone | $	- | $	- | $	- | $	- | $	- | $	- | $	- | $	- | $	- | $	- | $	- | $	-  $ | -
Postage | $	176 | $	62 | $	4 | $	87 | $	- | $	14 | $	183 | $	223 | $	825 | $	117 | $	203 | $	-  $ | 1,894
Travel Per Diem | $	- | $	- | $	- | $	- | $	- | $	- | $	- | $	- | $	- | $	- | $	- | $	-  $ | -
Printing & Binding | $	12 | $	16 | $	18 | $	59 | $	- | $	9 | $	7 | $	133 | $	- | $	31 | $	8 | $	-  $ | 293
Insurance | $	7,028 | $	- | $	- | $	- | $	- | $	- | $	- | $	- | $	- | $	- | $	- | $	-  $ | 7,028
Legal Advertising | $	- | $	497 | $	- | $	- | $	- | $	- | $	- | $	236 | $	183 | $	1,758 | $	- | $	-  $ | 2,674
Other Current Charges | $	38 | $	- | $	35 | $	51 | $	40 | $	44 | $	76 | $	41 | $	40 | $	44 | $	41 | $	-  $ | 451
Office Supplies | $	328 | $	1 | $	0 | $	1 | $	- | $	1 | $	0 | $	1 | $	- | $	0 | $	0 | $	-  $ | 331
Property Appraiser | $	- | $	- | $	- | $	- | $	- | $	500 | $	- | $	- | $	- | $	- | $	- | $	-  $ | 500
Dues, Licenses & Subscriptions | $	175 | $	- | $	- | $	- | $	- | $	- | $	- | $	- | $	- | $	- | $	- | $	-  $ | 175
Total General & Administrative: | $	26,109 | $	12,890 | $	12,682 | $	5,878 | $	6,740 | $	9,848 | $	11,078 | $	20,960 | $	21,606 | $	22,063 | $	11,740 | $	-  $ | 161,595

| Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Total
Operation & Maintenance | | | | | | | | | | | | |

Field Expenditures
Field Services

$	2,000

$	2,000

$	2,000

$	2,000

$	-

$	2,000

$	2,000

$	4,000

$	-

$	2,000

$	2,000

$	-  $

20,000

Facility Maintenance | $	- | $	907 | $	- | $	470 | $	- | $	- | $	- | $	1,482 | $	- | $	- | $	- | $	-  $ | 2,858
Electric | $	10,358 | $	10,335 | $	15,744 | $	2,460 | $	5,350 | $	8,611 | $	12,158 | $	11,091 | $	8,768 | $	12,599 | $	10,842 | $	-  $ | 108,314
Water & Sewer | $	15,999 | $	16,560 | $	13,309 | $	15,105 | $	15,263 | $	7,124 | $	22,943 | $	17,226 | $	19,712 | $	15,705 | $	19,398 | $	-  $ | 178,344
Security Building Maintenance | $	7,988 | $	1,364 | $	1,870 | $	265 | $	1,794 | $	- | $	2,348 | $	4,977 | $	2,464 | $	1,910 | $	- | $	-  $ | 24,979
Landscape Maintenance | $	15,037 | $	15,037 | $	15,037 | $	15,037 | $	- | $	3,400 | $	15,037 | $	26,674 | $	16,737 | $	13,337 | $	1,700 | $	-  $ | 137,033
Landscape Contingency | $	16,330 | $	11,175 | $	12,510 | $	2,875 | $	- | $	- | $	20,600 | $	78,255 | $	50 | $	- | $	- | $	-  $ | 141,795
Property Insurance | $	6,889 | $	- | $	- | $	- | $	- | $	- | $	- | $	- | $	- | $	- | $	- | $	-  $ | 6,889
Fountain Maintenance | $	1,300 | $	750 | $	750 | $	750 | $	750 | $	750 | $	750 | $	750 | $	750 | $	750 | $	750 | $	-  $ | 8,800
Lake Maintenance | $	2,575 | $	375 | $	2,575 | $	375 | $	- | $	2,575 | $	375 | $	2,575 | $	375 | $	2,575 | $	375 | $	-  $ | 14,750
Irrigation Repairs | $	336 | $	861 | $	456 | $	655 | $	2,818 | $	- | $	1,846 | $	4,501 | $	297 | $	847 | $	1,382 | $	-  $ | 13,999
Roadway Maintenance | $	- | $	- | $	- | $	- | $	- | $	- | $	- | $	- | $	- | $	- | $	- | $	-  $ | -
Sidewalk Repair | $	- | $	11,411 | $	- | $	34,234 | $	- | $	- | $	- | $	- | $	923 | $	- | $	- | $	-  $ | 46,569
Contingency | $	120 | $	120 | $	280 | $	120 | $	3,628 | $	120 | $	10,100 | $	120 | $	1,013 | $	3,734 | $	3,232 | $	-  $ | 22,586
Total Operations & Maintenance Expenses | $	78,932 | $	70,894 | $	64,531 | $	74,346 | $	29,604 | $	24,580 | $	88,156 | $	151,650 | $	51,089 | $	53,457 | $	39,679 | $	-  $ | 726,917
Total Expenditures | $	105,041 | $	83,784 | $	77,214 | $	80,223 | $	36,344 | $	34,428 | $	99,234 | $	172,611 | $	72,695 | $	75,520 | $	51,419 | $	-  $ | 888,512
Excess (Deficiency) of Revenues over Expenditures | $	(102,974) | $	175,314 | $	906,295 | $	(36,792) | $	(1,697) | $	(18,518) | $	(59,044) | $	(150,757) | $	(60,848) | $	(71,664) | $	(47,690) | $	-  $ | 531,624
Other Financing Sources/(Uses) | | | | | | | | | | | | |
Transfer In/Out | $	- | $	- | $	- | $	- | $	- | $	- | $	- | $	(50,000) | $	- | $	- | $	- | $	-  $ | (50,000)
Total Other Financing Sources (Uses) | $	- | $	- | $	- | $	- | $	- | $	- | $	- | $	(50,000) | $	- | $	- | $	- | $	-  $ | (50,000)
Net Change in Fund Balance | $	(102,974) | $	175,314 | $	906,295 | $	(36,792) | $	(1,697) | $	(18,518) | $	(59,044) | $	(200,757) | $	(60,848) | $	(71,664) | $	(47,690) | $	-  $ | 481,624

INTEREST RATES: | 4.500%, 5.100%, 5.700%, 5.800%
MATURITY DATE: | 5/1/2049
RESERVE FUND DEFINITION | 50% MAXIMUM ANNUAL DEBT SERVICE
RESERVE FUND REQUIREMENT | $119,413
RESERVE FUND BALANCE | $119,413
BONDS OUTSTANDING - 11/07/18 | $3,460,000
PRINCIPAL PAYMENT - 05/01/20 | ($50,000)
PRINCIPAL PAYMENT - 05/01/21 | ($50,000)
PRINCIPAL PAYMENT - 05/01/22 | ($50,000)
PRINCIPAL PAYMENT - 05/01/23 | ($55,000)
PRINCIPAL PAYMENT - 05/01/24 | ($60,000)
PRINCIPAL PAYMENT - 05/01/25 | ($60,000)
SPECIAL CALL - 08/01/25 | ($15,000)
SPECIAL CALL - 11/01/25 | ($50,000)
PRINCIPAL PAYMENT - 05/01/26 | ($65,000)
CURRENT BONDS OUTSTANDING | $3,005,000

SERIES 2018A-2, SPECIAL ASSESSMENT REVENUE BONDS

INTEREST RATES:	5.800%
MATURITY DATE:	11/1/2029
RESERVE FUND DEFINITION	50% MAXIMUM ANNUAL INTEREST RESERVE FUND REQUIREMENT		$145
RESERVE FUND BALANCE	$145

BONDS OUTSTANDING - 11/07/18	$4,120,000
SPECIAL CALL - 05/01/19	($150,000)
SPECIAL CALL - 08/01/19	($245,000)
SPECIAL CALL - 11/01/19	($330,000)
SPECIAL CALL - 02/01/20	($200,000)
SPECIAL CALL - 05/01/20	($205,000)
SPECIAL CALL - 08/01/20	($305,000)
SPECIAL CALL - 11/01/20	($665,000)
SPECIAL CALL - 02/01/21	($580,000)
SPECIAL CALL - 05/01/21	($85,000)
SPECIAL CALL - 08/01/21	($1,060,000)
SPECIAL CALL - 11/01/21	($210,000)

INTEREST RATES: | 3.00%, 3.650%, 4.250%, 4.500%
MATURITY DATE: | 5/1/2051
RESERVE FUND DEFINITION | 50% MAXIMUM ANNUAL DEBT SERVICE
RESERVE FUND REQUIREMENT | $120,375
RESERVE FUND BALANCE | $120,375
BONDS OUTSTANDING - 10/29/20 | $4,230,000
PRINCIPAL PAYMENT - 05/01/22 | ($75,000)
PRINCIPAL PAYMENT - 05/01/23 | ($80,000)
PRINCIPAL PAYMENT - 05/01/24 | ($80,000)
SPECIAL CALL - 11/1/24 | ($15,000)
PRINCIPAL PAYMENT - 05/01/25 | ($85,000)
SPECIAL CALL - 5/1/26 | ($205,000)
PRINCIPAL PAYMENT - 05/01/26 | ($85,000)
SPECIAL CALL - 8/1/26 | ($10,000)
CURRENT BONDS OUTSTANDING | $3,595,000

SERIES 2020A-2, SPECIAL ASSESSMENT REVENUE BONDS

INTEREST RATES:	4.400%
MATURITY DATE:	11/1/2035
RESERVE FUND DEFINITION	50% MAXIMUM ANNUAL INTEREST RESERVE FUND REQUIREMENT		$0
RESERVE FUND BALANCE	$0

BONDS OUTSTANDING - 10/29/20	$8,010,000
SPECIAL CALL - 11/01/21	($230,000)
SPECIAL CALL - 02/01/22	($675,000)
SPECIAL CALL - 05/01/22	($480,000)
SPECIAL CALL - 08/01/22	($715,000)
SPECIAL CALL - 11/01/22	($485,000)
SPECIAL CALL - 02/01/23	($1,045,000)
SPECIAL CALL - 05/01/23	($410,000)
SPECIAL CALL - 08/01/23	($410,000)
SPECIAL CALL - 11/01/23	($580,000)
SPECIAL CALL - 02/01/24	($700,000)
SPECIAL CALL - 05/01/24	($420,000)
SPECIAL CALL - 08/01/24	($445,000)
SPECIAL CALL - 11/01/24	($245,000)

Fiscal Year 2025
ACCOUNT#	SERVICE ADDRESS | Oct-24 | Nov-24 | Dec-24 | Jan-25 | Feb-25 | Mar-25 | Apr-25 | May-25 | Jun-25 | Jul-25 | Aug-25 | Sep-25 | TOTAL

Toho Water Authority
622453-033088619 7900 Four Seasons Even Boulevard Fountain $ 622453-033088639 7900 Four Seasons Odd Boulevard Fountain	$ 622453-033089609  7980 Four Seasons Boulevard GH	$

92  $
46  $
27  $

123  $
51  $
28  $

141  $
51  $
28  $

150  $
46  $
28  $

160  $
48  $
28  $

160  $
44  $
28  $

164  $
41  $
28  $

30  $
39  $
28  $

18  $
32  $
28  $

16  $
34  $
28  $

18  $
32  $
28  $

23  $
34  $
25  $

1,095
499
332

622453-033278979  7700 Four Seasons Block Even
622453-033174559  0 Four Seasons Boulevard

$  25,508
$  14,057

$  34,437
$  22,712

$  24,428
$  23,912

$  20,978
$  22,416

$  28,658  $
$  28,318  $

30,510
24,868

$  30,417  $
$  28,412  $

32,692
23,274

$  25,226  $
$  13,581  $

15,611  $
9,587  $

9,773  $
7,580  $

7,651
5,930

$ 285,888
$ 224,646

TOTALS	$  39,730  $  57,350  $  48,560  $  43,618  $  57,212  $	55,610  $  59,062  $	56,063  $  38,885  $	25,276  $	17,431  $  13,663  $ 512,460

Duke Energy
9100 8619 5059	24081 Sandy Creek Trl - Irrigation	$
9100 8619 5281	7980 Four Seasons Blvd - Guard House	$
9100 8619 5497	79811 Four Seasons Blvd, Entrance Lighting	$
9100 8619 5801	4 SEASONS PH1B SL	$
9100 8619 6042	7701 Four Seasons Blvd - Gate Entrance Light	$
9100 8619 6274	77001 Four Seasons Blvd Gate - Lite Irrigation  $
9100 8619 6513	17031 Key Bay Trail, Irrigation Timer	$
9100 8619 6761	78151 Four Seasons Blvd, Landscape Lighting  $
9100 8619 6977	000 Sand Hill Rd,Lite	$
9100 8619 7366	000 Shadow Tree Ln Lite	$
9100 8619 7572	0000 Four Seasons Blvd, Lite	$
9100 8619 7829	21051 Pebble Passage, Lite Irrigation	$
9100 8619 8052	79011 Hanson Bay Pl - Irrg	$
9101 5373 0124	000 Four Seasons Lite	$
9101 6904 8932	21421 Limestone Trl	$

Fiscal Year 2026

Toho Water Authority
622453-033088619 7900 Four Seasons Even Boulevard Fountain 622453-033088639 7900 Four Seasons Odd Boulevard Fountain 622453-033089609  7980 Four Seasons Boulevard GH
622453-033278979  7700 Four Seasons Block Even
622453-033174559  0 Four Seasons Boulevard

$	30  $	32  $	34  $	32  $	64  $
$	39  $	34  $	49  $	49  $	42  $
$	31  $	30  $	30  $	30  $	30  $
$	8,695  $	8,954  $	6,434  $	9,441  $	9,336  $
$	7,205  $	7,509  $	6,761  $	5,552  $	5,791  $

27  $	37  $
32  $	17  $
30  $	30  $
7,124  $	7,672  $
6,952  $	8,146  $

37
15
30
8,330
8,814

$
$
$

37
15
30

$  10,004

$

9,641

$
$
$
$
$

29
15
33  $
7,436  $
8,177  $

30
9,488
9,880

$
$
$

360
307
336

$  92,913
$  84,429

Duke Energy

9100 8619 5059
9100 8619 5281
9100 8619 5497
9100 8619 5801
9100 8619 6042
9100 8619 6274
9100 8619 6513
9100 8619 6761
9100 8619 6977
9100 8619 7366
9100 8619 7572
9100 8619 7829
9100 8619 8052
9101 5373 0124
9101 6904 8932
9101 6905 1747

24081 Sandy Creek Trl - Irrigation	$	31  $	31  $	31  $	62  $	31  $
7980 Four Seasons Blvd - Guard House	$	163  $	181  $	236  $	203  $	135  $
79811 Four Seasons Blvd, Entrance Lighting	$	517  $	432  $	575  $	375  $	206  $
4 SEASONS PH1B SL	$	654  $	1,585  $	1,595  $	1,553  $	1,553  $
7701 Four Seasons Blvd - Gate Entrance Light	$	39  $	35  $	40  $	34  $	32  $
77001 Four Seasons Blvd Gate - Lite Irrigation $		53 $		51 $		62 $		48 $	46 $ 17031 Key Bay Trail, Irrigation Timer	$	-  $	-  $	-  $	-  $	12 $ 78151 Four Seasons Blvd, Landscape Lighting  $		52  $		51  $		62  $		49  $	46  $
000 Sand Hill Rd,Lite	$  1,592  $	674  $  1,592  $  1,605  $  1,552  $
000 Shadow Tree Ln Lite	$  4,032 $  4,032 $  8,342 $		-  $	- $ 0000 Four Seasons Blvd, Lite	$  1,426 $  1,426 $  1,433 $		-  $	- $ 21051 Pebble Passage, Lite Irrigation	$	48 $	47 $	55 $		44 $		42 $ 79011 Hanson Bay Pl - Irrg	$	31 $	31 $	31 $	-  $		31 $ 000 Four Seasons Lite	$  1,681  $  1,681  $  1,687  $  1,663  $  1,663  $
21421 Limestone Trl	$	19  $	39  $	1  $	20  $	20  $
23131 Seagrass Pt RET-POND	$	19  $	39  $	1  $	20  $	20  $

31  $	31  $
158  $	139  $
330  $	373  $
1,553  $	1,553  $
34  $	32  $
50  $	44  $
31  $	31  $
49  $	43  $
1,552  $	1,552  $
3,772  $	3,944  $
474  $	1,403  $
45  $	40  $
31  $	31  $
1,663  $	1,663  $
20  $	20  $
20  $	20  $

31  $	-	$
181  $	209  $
368  $	410  $
1,545  $	1,480  $
31  $	32  $
42  $	45  $
31  $	62  $
41  $	38  $
1,552  $	1,542  $
4,132  $	3,921  $
1,397  $	1,397  $
38  $	35  $
31  $	31  $
1,658  $	1,658  $
20  $	20  $
20  $	20  $

31
189
374
1,525
31
42
23
31
1,478
3,921
1,397
31
31
1,658
20
40

$

366

$	308
$	1,795
$	4,326
$  14,597

$

30

$

30

$
$
$
$

369
482
219
464

$
$
$

1,527
3,908
1,384

$  16,220
$  40,007
$  11,736

$
$

426
277

$  16,673

$
$

198
217

GRAND TOTAL  $  26,357  $  26,894  $  29,053  $  20,780  $  20,653  $	23,976  $  26,819  $	28,344  $  30,625  $	26,513  $	26,643  $	-	$ 286,658

TOTALS	$  10,358  $  10,335  $  15,744  $  5,676  $  5,390  $	9,811  $  10,918  $	11,118  $  10,899  $	10,822  $	7,245  $	-	$ 108,314

TOTALS	$  15,999  $  16,560  $  13,309  $  15,105  $  15,263  $	14,166  $  15,901  $	17,226  $  19,727  $	15,691  $	19,398  $	-	$ 178,344

GRAND TOTAL  $  51,961  $  69,536  $  60,438  $  54,725  $  68,613  $	67,136  $  70,650  $	67,666  $  50,064  $	36,973  $	29,086  $  25,177  $ 652,024

TOTALS	$  12,231  $  12,186  $  11,878  $  11,107  $  11,401  $	11,526  $  11,588  $	11,602  $  11,179  $	11,696  $	11,655  $  11,514  $ 139,564

9101 6905 1747	23131 Seagrass Pt RET-POND	$

31  $
145  $
750  $
1,704  $
31  $
60  $
31  $
50  $
1,725  $
4,221  $
1,524  $
62  $
31  $
1,833  $
17  $
17  $

31  $
146  $
703  $
1,704  $
31  $
59  $
31  $
51  $
1,725  $
4,221  $
1,524  $
62  $
31  $
1,833  $
17  $
17  $

31  $
157  $
763  $
1,543  $
33  $
65  $
31  $
55  $
1,725  $
4,221  $
1,395  $
66  $
31  $
1,728  $
18  $
19  $

31  $
166  $
618  $
1,543  $
31  $
60  $
31  $
51  $
1,539  $
3,857  $
1,395  $
61  $
31  $
1,657  $
19  $
19  $

31  $
146  $
771  $
1,585  $
32  $
62  $
31  $
53  $
1,539  $
3,915  $
1,426  $
63  $
31  $
1,681  $
19  $
19  $

31  $
168  $
796  $
1,585  $
33  $
53  $
31  $
51  $
1,592  $
4,031  $
1,426  $
51  $
31  $
1,610  $
19  $
19  $

-	$
164  $
801  $
1,585  $
36  $
49  $
62  $
47  $
1,592  $
4,031  $
1,426  $
46  $
31  $
1,681  $
19  $
19  $

31  $
204  $
783  $
1,585  $
34  $
48  $
-	$
46  $
1,592  $
4,031  $
1,426  $
43  $
62  $
1,681  $
19  $
19  $

31  $
238  $
792  $
1,462  $
34  $
49  $
31  $
47  $
1,470  $
3,918  $
1,316  $
44  $
31  $
1,681  $
19  $
19  $

-	$
238  $
903  $
1,585  $
36  $
48  $
-	$
45  $
1,592  $
4,031  $
1,426  $
43  $
31  $
1,681  $
19  $
19  $

31  $
241  $
815  $
1,585  $
35  $
51  $
-	$
50  $
1,592  $
4,032  $
1,426  $
47  $
31  $
1,681  $
39  $
-	$

31
202
713
1,585
36
51
- 50
1,592
4,032
1,426
47
31
1,681
19
19

$	308
$	2,215
$	9,208
$  19,049
$	401
$	654
$	277
$	595
$  19,275
$  48,540
$  17,134
$	634
$	400
$  20,424
$	244
$	206

ACCOUNT#	SERVICE ADDRESS | Oct-25 | Nov-25 | Dec-25 | Jan-26 | Feb-26 | Mar-26 | Apr-26 | May-26 | Jun-26 | Jul-26 | Aug-26 | Sep-26 | TOTAL

Variance Fiscal Year 2025 & 2026
ACCOUNT#	SERVICE ADDRESS | October | November | December | January | February | March | April | May | June | July | August | September | TOTAL

Toho Water Authority

622453-033088619 | 7900 Four Seasons Even Boulevard Fountain | $	63 | $	91 | $	107 | $	118 | $	95 | $	133 | $	127 | $	(7) | $	(19) | $	(14) | | $	694
622453-033088639 | 7900 Four Seasons Odd Boulevard Fountain | $	7 | $	16 | $	1 | $	(3) | $	6 | $	12 | $	24 | $	25 | $	18 | $	20 | | $	125
622453-033089609 | 7980 Four Seasons Boulevard GH | $	(4) | $	(2) | $	(2) | $	(2) | $	(2) | $	(2) | $	(2) | $	(2) | $	(2) | $	(5) | $	(2) | $	(28)
622453-033278979 | 7700 Four Seasons Block Even | $  16,813 | $  25,483 | $  17,994 | $  11,537 | $  19,322 | $	23,386 | $  22,745 | $	24,362 | $  15,222 | $	8,175 | $	285 | $ 185,324
622453-033174559 | 0 Four Seasons Boulevard | $	6,852 | $  15,203 | $  17,151 | $  16,863 | $  22,527 | $	17,916 | $  20,266 | $	14,461 | $	3,940 | $	1,410 | $	(2,300) | $ 134,288

TOTALS	$  23,731  $  40,790  $  35,250  $  28,513  $  41,949  $	41,444  $  43,161  $	38,838  $  19,158  $	9,585  $	(2,017) $	-	$ 320,403

Duke Energy

9100 8619 5059 | 24081 Sandy Creek Trl - Irrigation | $	- | $	- | $	- | $	(31) | $	- | $	- | $	(31) | $	- | $	31 | $	(31) | | $	(62)
9100 8619 5281 | 7980 Four Seasons Blvd - Guard House | $	(18) | $	(34) | $	(80) | $	(36) | $	11 | $	10 | $	25 | $	23 | $	29 | $	48 | | $	(23)
9100 8619 5497 | 79811 Four Seasons Blvd, Entrance Lighting | $	233 | $	271 | $	188 | $	243 | $	565 | $	467 | $	428 | $	415 | $	382 | $	529 | $	450 | $	4,170
9100 8619 5801 | 4 SEASONS PH1B SL | $	1,050 | $	119 | $	(53) | $	(11) | $	31 | $	31 | $	31 | $	39 | $	(17) | $	60 | | $	1,282
9100 8619 6042 | 7701 Four Seasons Blvd - Gate Entrance Light | $	(8) | $	(4) | $	(7) | $	(2) | $	(0) | $	(1) | $	5 | $	3 | $	2 | $	5 | $	5 | $	(4)
9100 8619 6274 | 77001 Four Seasons Blvd Gate - Lite Irrigation | $	8 | $	8 | $	3 | $	11 | $	15 | $	4 | $	5 | $	5 | $	4 | $	6 | | $	69
9100 8619 6513 | 17031 Key Bay Trail, Irrigation Timer | $	31 | $	31 | $	31 | $	31 | $	19 | $	- | $	31 | $	(31) | $	(31) | $	(23) | $	(30) | $	58
9100 8619 6761 | 78151 Four Seasons Blvd, Landscape Lighting | $	(3) | $	(1) | $	(7) | $	2 | $	7 | $	2 | $	4 | $	5 | $	9 | $	15 | | $	32
9100 8619 6977 | 000 Sand Hill Rd,Lite | $	133 | $	1,051 | $	133 | $	(66) | $	(13) | $	40 | $	40 | $	40 | $	(73) | $	114 | $	65 | $	1,462
9100 8619 7366 | 000 Shadow Tree Ln Lite | $	188 | $	188 | $  (4,122) | $	3,857 | $	3,915 | $	259 | $	87 | $	(101) | $	(4) | $	110 | $	124 | $	4,501
9100 8619 7572 | 0000 Four Seasons Blvd, Lite | $	98 | $	98 | $	(38) | $	1,395 | $	1,426 | $	952 | $	23 | $	29 | $	(81) | $	29 | $	42 | $	3,972
9100 8619 7829 | 21051 Pebble Passage, Lite Irrigation | $	13 | $	15 | $	11 | $	16 | $	21 | $	7 | $	6 | $	5 | $	9 | $	12 | | $	114
9100 8619 8052 | 79011 Hanson Bay Pl - Irrg | $	- | $	- | $	- | $	31 | $	- | $	- | $	- | $	31 | $	- | $	- | | $	62
9101 5373 0124 | 000 Four Seasons Lite | $	152 | $	152 | $	41 | $	(6) | $	18 | $	(53) | $	18 | $	23 | $	23 | $	23 | | $	389
9101 6904 8932 | 21421 Limestone Trl | $	(2) | $	(22) | $	18 | $	(1) | $	(1) | $	(1) | $	(1) | $	(1) | $	(1) | $	(0) | | $	(12)
9101 6905 1747 | 23131 Seagrass Pt RET-POND | $	(2) | $	(21) | $	18 | $	(1) | $	(1) | $	(1) | $	(1) | $	(1) | $	(1) | $	(21) | | $	(31)

GRAND TOTAL  $  25,604  $  42,641  $  31,385  $  33,945  $  47,960  $	43,159  $  43,831  $	39,322  $  19,439  $	10,459  $	(1,362) $	-	$ 336,383

TOTALS	$  1,873  $  1,851  $  (3,866) $  5,431  $  6,011  $	1,715  $	670  $	484  $	281  $	874  $	655  $	-	$  15,980

Note: Toho Water Authority accounts 8979 and 4559 are shared between the CDD and the HOA. This schedule reflects the actual CDD portion, calculated as the total billing amount net of the HOA’s allocated share For FY25, the CDD and HOA cost allocation is 50% / 50%; for FY26, the allocation changes to 37% / 63%

Windward
Community Development District
Toho Water Cost Share Contribution Schedule FY26

Invoice Number | Prepared Date | Payment Received | Check Number | | Check Amount | | Total Cost Share | Over/(Short) Balance Due
*OCT-23 | 11/8/23 | | | | | $ | 20,861.56 | $	20,861.56
8979-20 | 11/4/25 | 11/30/25 | #10449 | $ | 14,804.53 | $ | 14,804.53 | $	-
4559-07 | 11/10/25 | 11/30/25 | #116478 | $ | 12,267.21 | $ | 12,267.21 | $	-
8979-21 | 12/2/25 | 1/5/26 | #119181 | $ | 15,245.77 | $ | 15,245.77 | $	-
4559-08 | 12/9/25 | 1/7/26 | #455908 | $ | 12,785.99 | $ | 12,785.99 | $	-
8979-22 | 1/2/26 | 2/3/26 | #123456 | $ | 10,954.71 | $ | 10,954.71 | $	-
4559-09 | 1/13/26 | 2/10/26 | #125193 | $ | 11,512.76 | $ | 11,512.76 | $	-
8979-23 | 2/3/26 | 3/12/26 | #128313 | $ | 16,074.72 | $ | 16,074.72 | $	-
4559-10 | 2/3/26 | 3/12/26 | #10681 | $ | 9,453.92 | $ | 9,453.92 | $	-
8979-24 | 3/3/26 | 3/18/26 | #10717 | $ | 15,895.93 | $ | 15,895.93 | $	-
4559-11 | 3/10/26 | 4/8/26 | #10732 | $ | 9,860.27 | $ | 9,860.27 | $	-
8979-25 | 3/31/26 | 5/4/26 | #138319 | $ | 12,130.42 | $ | 12,130.42 | $	-
4559-12 | 4/14/26 | 4/30/26 | #10800 | $ | 11,837.84 | $ | 11,837.84 | $	-
8979-26 | 5/5/26 | 5/22/26 | #10855 | $ | 13,062.31 | $ | 13,062.31 | $	-
4559-13 | 5/12/26 | 5/22/26 | #10856 | $ | 13,869.59 | $ | 13,869.59 | $	-
8979-27 | 6/3/26 | 6/29/26 | #146731 | $ | 14,183.84 | $ | 14,183.84 | $	-
4559-14 | 6/9/26 | 7/8/26 | #146978 | $ | 15,007.37 | $ | 15,007.37 | $	-
8979-28 | 6/30/26 | 7/22/26 | #10994 | $ | 17,033.71 | $ | 17,033.71 | $	-
4559-15 | 7/7/26 | 7/22/26 | #10997 | $ | 16,416.05 | $ | 16,416.05 | $	-
8979-29 | 7/31/26 | 8/24/26 | #155877 | $ | 12,661.38 | $ | 12,661.38 | $	-
4559-16 | 8/10/26 | 8/24/26 | #011044 | $ | 13,923.77 | $ | 13,923.77 | $	-
8979-30 | 9/2/26 | | | | | $ | 16,155.99 | $	16,155.99
4559-17 | 9/9/26 | | | | | $ | 16,822.40 | $	16,822.40
Due from HOA | | | | | | | | $	53,839.95
Total HOA Contributions | | | $	268,982.09 | | |

Note: The HOA has changed its management company from Access Residential Management to Castle Group. The Invoice for Oct-2023 is currently under review by Castle Group’s attorney.

Windward
Community Development District Accounts Payable Aging Report

Vendor Name | 0-30 Days | 31-60 Days | 60-90 Days | 90+ Days | Total Outstanding
Aaron'S Backflow Services, Inc | $	- | $	2,295 | $	- | $	- | $	2,295
Access Control Systems Llc | $	- | $	- | $	120 | $	- | $	120
Aquatic Weed Management, Inc | $	- | $	375 | $	- | $	- | $	375
Duke Energy | $	7,245 | $	- | $	- | $	- | $	7,245
Florida Uls Operating, Llc Dba | $	- | $	1,700 | $	- | $	- | $	1,700
Governmental  Management Services-Cf | $	- | $	- | $	7,892 | $	- | $	7,892
Latham Luna Eden & Beaudine Llp | $	- | $	2,272 | $	- | $	- | $	2,272
Neuwire Inc. | $	- | $	817 | $	- | $	- | $	817
Pegasus Engineering, Llc | $	- | $	3,534 | $	- | $	- | $	3,534
Prince & Sons, Inc. | $	- | $	711 | $	- | $	670 | $	1,382
Resort Pool Services | $	750 | $	- | $	- | $	- | $	750
Toho Water Authority | $	52,377 | $	- | $	- | $	- | $	52,377
| $	60,372 | $	11,704 | $	8,012 | $	670 | $	80,758

Windward
Community Development District
Special Assessment Receipts Fiscal Year 2026

Gross | $ 1,466,616.83 | $ | 254,400.00  $  270,720.00 | $ | 1,991,736.83
Net | $ 1,378,619.82 | $ | 239,136.00  $  254,476.80 | $ | 1,872,232.62
| | | | ON ROLL ASSESSMENTS | | | | |
| | | | | | | | ASSESSED THROUGH COUNTY |
| | | | | | | 73.64% | 12.77% | 13.59% | 100.00%

Date

Distribution

Gross Amount

Discount/Penalty

Commission

Interest

Net Receipts

General Fund

S2018 A1 DSF
Portion

S2020 A1 DSF
Portion

Total

11/14/25 | ACH | $31,322.17 | $0.00 | ($626.44) | $0.00 | $30,695.73 | $22,602.82 | $3,920.70 | $4,172.21 | $30,695.73
11/21/25 | ACH | $325,035.33 | $0.00 | ($6,500.70) | $0.00 | $318,534.63 | $234,553.20 | $40,685.70 | $43,295.73 | $318,534.63
12/12/25 | ACH | $1,219,464.28 | $0.00 | ($24,389.29) | $0.00 | $1,195,074.99 | $879,994.32 | $152,644.20 | $162,436.47 | $1,195,074.99
12/12/25 | ACH | $1,802.91 | $0.00 | ($36.06) | $0.00 | $1,766.85 | | $1,301.02 | $225.68 | $240.15 | $1,766.85
12/22/25 | ACH | $138,957.89 | $0.00 | ($2,779.17) | $0.00 | $136,178.72 | | $100,275.29 | $17,393.80 | $18,509.63 | $136,178.72
01/12/26 | ACH | $15,930.42 | $0.00 | ($318.61) | $0.00 | $15,611.81 | | $11,495.77 | $1,994.06 | $2,121.98 | $15,611.81
01/12/26 | ACH | $38,541.24 | $0.00 | ($770.81) | $0.00 | $37,770.43 | | $27,812.28 | $4,824.33 | $5,133.82 | $37,770.43
01/30/26 | ACH | $0.00 | $0.00 | $0.00 | $1,225.09 | $1,225.09 | | $902.10 | $156.47 | $166.52 | $1,225.09
02/09/26 | ACH | $42,442.32 | $0.00 | ($848.85) | $0.00 | $41,593.47 | | $30,627.38 | $5,312.64 | $5,653.45 | $41,593.47
02/09/26 | ACH | $904.42 | $0.00 | ($18.09) | $0.00 | $886.33 | | $652.65 | $113.21 | $120.47 | $886.33
03/10/26 | ACH | $2,723.24 | $0.00 | ($54.46) | $0.00 | $2,668.78 | | $1,965.16 | $340.88 | $362.74 | $2,668.78
03/10/26 | ACH | $14,303.96 | $0.00 | ($286.08) | $0.00 | $14,017.88 | | $10,322.08 | $1,790.47 | $1,905.33 | $14,017.88
04/08/26 | ACH | $14,599.61 | $0.00 | ($291.98) | $0.00 | $14,307.63 | | $10,535.43 | $1,827.48 | $1,944.72 | $14,307.63
04/08/26 | ACH | $36,121.10 | $0.00 | ($722.45) | $0.00 | $35,398.65 | | $26,065.82 | $4,521.39 | $4,811.44 | $35,398.65
04/24/26 | ACH | $0.00 | $0.00 | $0.00 | $97.49 | $97.49 | | $71.79 | $12.45 | $13.25 | $97.49
05/08/26 | ACH | $2,820.93 | $0.00 | ($56.41) | $0.00 | $2,764.52 | | $2,035.65 | $353.11 | $375.76 | $2,764.52
05/08/26 | ACH | $22,322.83 | $0.00 | ($446.45) | $0.00 | $21,876.38 | | $16,108.69 | $2,794.22 | $2,973.47 | $21,876.38
06/16/26 | ACH | $11,161.41 | $0.00 | ($223.23) | $0.00 | $10,938.18 | | $8,054.34 | $1,397.11 | $1,486.73 | $10,938.18
07/29/26 | ACH | $0.00 | $0.00 | $0.00 | $49.10 | $49.10 | | $36.16 | $6.27 | $6.67 | $49.10
TOTAL | $	1,918,454.06 | $ | - | $	(38,369.08) | $ | 1,371.68 | $	1,881,456.66 | $ 1,385,411.95 | $ | 240,314.17 | $ | 255,730.54 | $ | 1,881,456.66
| | | | | | | 100% | | | Net Percent Collected
$ | - | Balance Remaining to Collect

Section D

8/8/2026 Guardhouse Pressure Washing

9/1/2026 Work was authorized to begin and is scheduled for September 1st.

8/8/2026 Dog Park Repairs

_812012026 New tension wire and signage was installed at the dog park. Additionally, two rusted trash cans were

removed and a dog station was installed.

8/10/2026 Guardhouse Exit Cate Repairs

Service ticket was generated to troubleshoot the malfunctioning gate arms. The s1>are arms the district owns were for swing gates, not gate barrier arms. Guardian Access ordered the new motors and will install them once they arc rccieved.

8/20/2026 Roundabout Signagc Rc1>air

lnf>rogress

9/9/2026 Stormwater Structure Debris Cleanup

GMS staff will reinstall the damaged roundabout sign that was knocked over. Due to DOT requirements the sign post may temporarily be switched out with an alternative U-Channel post to ensure compliance.
The pond I stormwater grates have shifted due to the increased rainfall and will need to be reset. Additionally, both 1\1£.S structures at Whitewood Ct dry pond will need to be cleaned of dirt and debris, and the water breaks will be saw cut to help mitigate future blockages.

8/8/2026 Plant Bed Hard E:dging

The median Bottle Brush plant beds need to be hard edge into straight lines to make it easier to
maintain in the future. Renderings arc needed for the pro1>osed plantings. Consider mulching the area to improve aesthetics until plantings arc ready.

8/8/2026 Median Endcaps

8/8/2026 Roundabout Plant Enhancements

Median endcaps with stone require steel edging to be installed to maintain a barrier between the stone and turf.
Roundabout plant enhancement and redesign that was 1>reviously approved is being scheduled now that the area is no longer being used as a staging area.

8/8/2026 Lift Station Trimming

Hedges around Key Bay Tr and Antilles lift stations need to be trimmed. Invasive plant material needs to be remowd. Any sections of barbed wire that were damaged need to be repaired.

Some of the damaged fence panels were replaced by the vendor. The area is still missing 10-15 fence post caps. The vendor will need to provide an update on any additional planned repairs.

8/8/2026 Fence Repairs

Weeds and vines growing in rock beds need to be treated at the Sandhill Road gate rock beds, and the front gate area.

8/8/2026 Weed Detailing

All trees need to be trimmed, with particular attention to the trees near the pergola.

8/8/2026 Tree Trimming/ Lifting

Trim up suckers on Bottle Brush, Magnolia's, etc..

8/8/2026 Bottle Brush/ Magnolia Trimming

LANDSCAPE PUNCHLIST

Dead plant material at Estuary and Four Seasons BLVD need to be removed.

8/8/2026 Dead Plant Removal - Estuary/ Four Seasons BLVD

All trees need to be lifted to the appropriate height standards. In addition, the Foxtail Palms on COD property adjacent the pergola need to be cut down and removed.

8/8/2026 Tree Lifting/ Pergola Foxtail Removals

Remove dead/ dying Robeline's and replace with Euro Palms.

8/8/2026 Sandhill Gate Declined Robeline Replacements

All tree rings in the verge area need to be uniform size.

8/8/2026 Verge Tree Rings

All tree rings in the medians and center islands need to be uniform size.

8/8/2026 Tree Rings

ENHANCEMENTS PUNCHLIST

Coordinating with Ncuwirc Electricians and District Engineer to set up an onsitc meeting to review potential code ,•iolations / concerns with the median landscape lighting installation.

lnf>rogress

8/8/2026 Median Landscape Lighting Code Review

8/11/2026 The lightpole that was damaged by lightning has been repaired.

8/8/2026 Streetlight Repair

f>roposalsAMJrosed

In f>rO\jr�ss

GMS-CFL LLC

m STATUS
Done
0 ESTIMATED TIME
6h

0	PRIORITY

O Medium

WORK TYPE
Reactive

0	DUE DATE
06/03/2026

DESCRIPTION
Replace missing side walk panel. Utilize expansion material at joints. Missing panel located at Four seasons blvd entrance, at monument on exit side.

Strip forms after curing period.

,Q?, ASSIGNEES	lz> CATEGORIES

 Jarett Wright  Angel Guzman

Robbie Szozda

 Garret DuBois

General Maintenance

 Abimael Rodriguez
CF Maintenance

© EQUIPMENT CHARGES AND MOBILIZATION STATUS
Issued

�  PICTURES

0 DISTRICT
Windward COD

Time & Cost Tracking

® EQUIPMENT CHARGES AND MOBILIZATION USED
Base Charge - Equipment - $45 per Day	1 unit x $45.00
Base Charge - Mobilization	1 unit x $65.00
Equipment - Concrete Mixer - $45 p/day	1 unit x $45.00
Equipment - Generator - $45 p/day	1 unit x $45.00
Equipment - Covered Utility Trailer - $55 p/day	1 unit x $55.00
Total Equipment Charges And Mobilization Costs	$255.00

0 TIME ENTRIES
Angel Guzman	1h Om Os x $55.00
Angel Guzman	5h Om Os x $55.00
Abimael Rodriguez	5h Om Os x $55.00
Total Time Duration	11h Om Os
Total Time Costs __ _________	_________ _________ __ ___ _________ __ ___ __ _________ ________	$605.00

$ ADDITIONAL COSTS
Groover cement 6x2-3/4 (Other)	$10.74
15 concrete bags. Replace sidewalk (Other)	$77.84
Total Additional Costs _______  _ _ _ _ _ _ _ _  _____________________	_ _ _ _ _ _ _ _	_________ $88.58

Total Work Order Costs

$948.58

::  PROCEDURE

Completion Information - Maintenance

3/3
Fields completed

Completed By Technicians Upon Completion of Work Order

Itemized Description of Work:
6/3/26
We prepared a frame and placed a concrete mix , we also secured the area with caution tape
06/10/26
Remove the frames.

Completion Photos:

Manager Signature:
r5
Signed by Robbie Szozda on 06/10/2026, 9:02 PM

(D WORK ORDER INFO
Created by: Robbie Szozda on 05/12/2026, 5:23 PM Last updated on 06/10/2026, 9:03 PM
Completed on 06/10/2026, 9:03 PM

GMS-CFL LLC

m STATUS
Done

0	PRIORITY

0	DUE DATE
08/20/2026

0 Low

WORK TYPE
Reactive

DESCRIPTION
2/27/2026

Install new tension wire for dog park fence located on Limestone Trail.

Replace old sign with new sign.

,Q?, ASSIGNEES	i;::) CATEGORIES

 Clayton Smith  Rob Szozda

Abner DeJesus

 Jarett Wright  Garret DuBois

General Maintenance

Jose Soto

CF Maintenance

© EQUIPMENT CHARGES AND MOBILIZATION STATUS
Issued

1B PICTURES

  

0 DISTRICT
Windward CDD

Time & Cost Tracking

® EQUIPMENT CHARGES AND MOBILIZATION USED
Base Charge - Equipment - $45 per Day	1 unit x $45.00
Base Charge - Mobilization	1 unit x $65.00
Total Equipment Charges And Mobilization Costs	$110.00

0 TIME ENTRIES
Jose Soto  ______ _ ______ _ __ _ ______ _ _________  _ _ _________ _ ____  ______ _ ______ Sh Om Os x $55.00
Abner DeJesus	Sh Om Os x $55.00
Total Time Duration _ _ ___	_____ ________ ___	_____ ________ _____	___ _ ________ _	1Oh Om Os
Total Time Costs __ _________	_________ _________ __  __ _________ __ __  __ _________ ______	$550.00

$ ADDITIONAL COSTS |
Dog park Sign (Other) ___ __ __ _____________ ______ _____________ ______	___________ _______	_____ | ___ | $133.09
replacement tension for fencing at the dog park on limestone trail added by savannah (Other) | | $60.01
Total Additional Costs  ____	__ ________ _____	_ ________ __	___ ________ __	___ | ___ | $193.10
Total Work Order Costs | | $853.10
[fili COST ATTACHMENTS | |

� FastsignsDogparksignreceipt.pdf
� MATINV366963-FOMaterialInvoiceCustomer.pdf

== PROCEDURE

Completion Information - Maintenance

3/3
Fields completed

Completed By Technicians Upon Completion of Work Order

Itemized Description of Work:
8/20/26
Installed new tension wire for dog park fence located on Limestone Trail.

Replaced old sign with new sign.

Removed 2 trash cans

Installed one Dogi pot station

Completion Photos:

Manager Signature:

Signed by Jarett Wright on 08/31/2026, 6:21 PM

Q WORK ORDER INFO
Created by: Robbie Szozda on 02/27/2026, 12:31 PM Last updated on 08/31/2026, 6:21 PM
Completed on 08/31/2026, 6:21 PM

Section 1

Phone

Date:

200 S. F. Street, Haines City, FL 33844
www.princelandservices.com
863-422-5207	State of Florida License # CGC1521568
Polk County License # 15453

8.27.26

SUBMITTED TO: | | Job Name / Location:
GMS | | | Four Seasons | | |
219 E. Livingston St. | | Kissimmee FL | | |
Orlando, FL 32801 | | | | |
Attn: Jarett Wright | | | | |
Phone: 407-750-3599 | | | | |
Email: Jwright@gmscfl.com | | | | |
Proposal to: Replace controller 14.
DESCRIPTION | Qty | Unit Cost | TOTAL
Rain Bird ESP-LX IVM 240 station | 1 | $3,782.04 | $3,782.04
Labor | 2 | $65.00 | $130.00
Total | | | $3,912.04

EXCLUSIONS & SUBSTITUTIONS:

GENERAL TERMS:

Payment to be remitted within 30 days upon completion (no exceptions).
Prices good for 30 days - P&S reserves the right to re-bid after 30 days.
Prince and Sons, Inc. Authorized Signature:
Emir Ogric	James Smith	Travis Wright 		
Account Manager	Irrigation Manager	Technician	Approved by

SPECIAL CALL - 02/01/22 SPECIAL CALL - 05/01/22 SPECIAL CALL - 11/01/22
CURRENT BONDS OUTSTANDING

($75,000)
($5,000)
($5,000)
$0

11

SPECIAL CALL - 02/01/25 SPECIAL CALL - 05/01/25 SPECIAL CALL - 08/01/25
CURRENT BONDS OUTSTANDING

($510,000) ($450,000) ($210,000)
$0

12

16

17

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