North Boulevard Community Development District

Agenda May 18, 2026

Agenda

North Boulevard
Community Development District

219 East Livingston Street, Orlando, Florida 32801 Phone: 407-841-5524 – Fax: 407-839-1526
May 11, 2026
Board of Supervisors
North Boulevard Community Development District

The regular meeting of the Board of Supervisors of North Boulevard Community Development District will be held Monday, May 18, 2026 at 6:00 PM at the Tom Fellows Community Center – 207 North Blvd W, Davenport, FL 33837.

Those members of the public wishing to attend the meeting can do so using the information below:

Zoom Video Link: https://us06web.zoom.us/j/84721280246
Zoom Call-In Information: 1-305-224-1968	Meeting ID: 847 2128 0246

Roll Call
Public Comment Period
Organizational Matters
Acceptance of Resignation of Emily Hazelrig and Appointment of Individual to Fulfill the Board Vacancy with a Term Ending November 2026
Administration of Oath of Office to Newly Appointed Board Member
Consideration of Resolution 2026-09 Electing an Assistant Secretary
Approval of Minutes of the April 20, 2026 Board of Supervisors Meeting
Consideration of Access Agreement with Frontier Communications of America, Inc.
Review and Acceptance of Fiscal Year 2025 Audit Report - ADDED
Staff Reports
Attorney
Engineer
Field Manager’s Report
Action Items List
Consideration of Prince and Sons Inc. Landscape Services Fuel Surcharge Proposal -
ADDED
District Manager’s Report
Approval of Check Register
Balance Sheet & Income Statement
Presentation of Number of Registered Voters - 533
Other Business
Supervisors Requests
Adjournment

Section III

Section A

From: Monica Virgen mvirgen@gmscfl.com
Subject: Fwd: North Boulevard CDD Resignation
Date: April 21, 2026 at 5:00 PM
To:

On Apr 16, 2026, at 10:52 AM, Emily Hazelrig <Emily@cassidylanddev.com> wrote:
Good afternoon, Jill,
I hope you’re doing well. I would like this email to serve as my resignation from the North Boulevard CDD Board effective immediately.
Let me know if you need anything from me for this.
Thank you,
Emily Hazelrig
The Cassidy Organization 346 E Central Ave
Winter Haven, FL 33880 (863) 604-6236

--
Tricia L. Adams District Manager
Governmental Management Services - Central Florida, LLC 219 E Livingston St
Orlando, FL 32801
O: 407.841.5524 ext. 138

C: 863.241.8050

Section C

RESOLUTION 2026-09

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE NORTH BOULEVARD COMMUNITY DEVELOPMENT DISTRICT APPOINTING AND REMOVING AN ASSISTANT SECRETARY, AND PROVIDING FOR AN EFFECTIVE DATE
Whereas, the North Boulevard Community Development District (the “District”) is a local unit of special-purpose government created and existing pursuant to Chapter 190, Florida Statutes; and

WHEREAS, pursuant to Chapter 190, Florida Statutes, the Board of Supervisors (“Board”), shall organize by electing Assistant Secretary(ies), and such other officers as the Board may deem necessary.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE NORTH BOULEVARD COMMUNITY DEVELOPMENT DISTRICT:

SECTION 1.  DISTRICT OFFICERS.

	 is appointed as Assistant Secretary. Emily Hazelrig is removed as Assistant Secretary.
SECTION 2.	CONFLICTS. All Resolutions or parts of Resolutions in conflict herewith are hereby repealed to the extent of such conflict.
SECTION 3.	EFFECTIVE DATE. This Resolution shall become effective immediately upon its adoption.

Passed and adopted 18th day of May, 2026.

ATTEST:	NORTH BOULEVARD COMMUNITY DEVELOPMENT DISTRICT

Secretary/Assistant Secretary	Chairperson, Board of Supervisors

Minutes

MINUTES OF MEETING NORTH BOULEVARD
COMMUNITY DEVELOPMENT DISTRICT

The regular meeting of the Board of Supervisors of the North Boulevard Community Development District was held on Monday, April 20, 2026, at 6:03 p.m. at the Tom Fellows Community Center, 207 North Blvd W, Davenport, Florida.

Present and constituting a quorum were:

Andres Romero	Chairman
Ron Orenstein	Vice Chairman
Jose Martinez	Assistant Secretary Also present were:
Tricia Adams	District Manager
Savannah Hancock by Zoom	District Counsel
Chace Arrington by Zoom	District Engineer
Rey Malave by Zoom	District Engineer
Joel Blanco	Field Services Manager

FIRST ORDER OF BUSINESS	Roll Call
Ms. Adams called the meeting to order and called the roll. Three Board members were in attendance constituting a quorum.
SECOND ORDER OF BUSINESS	Public Comment Period
Ms. Adams opened up the meeting for public comments.
Resident (Ronald Schoeck, 245 Taft Drive) expressed concerns regarding sewer maintenance, fire hydrant inspections, and parking near fire hydrants. Staff advised the matters would be addressed during staff reports.
THIRD ORDER OF BUSINESS	Approval of Minutes of the February 16,
2026 Board of Supervisors Meeting
Ms. Adams presented the minutes of the February 16, 2026 Board of Supervisors meeting.
The Board had no changes to the minutes.

On MOTION by Mr. Romero, seconded by Mr. Martinez, with all in favor, the Minutes of the February 16, 2026 Board of Supervisors Meeting, were approved.

FOURTH ORDER OF BUSINESS	Consideration	of	Resolution	2026-06
Approving the Proposed Fiscal Year 2027 Budget and Setting a Public Hearing to Adopt
Ms. Adams presented Resolution 2026-06 approving the proposed Fiscal Year 2027 budget and setting the public hearing for July 20, 2026. She reviewed the proposed revenues, expenditures, assessment methodology, management fee adjustments, field operations expenses, amenity cost-share expenditures, and reserve funding. Ms. Adams noted there is no proposed assessment increase for Fiscal Year 2027. Discussion ensued regarding reserve funding, debt service obligations, and capital planning.

On MOTION by Mr. Romero, seconded by Mr. Orenstein, with all in favor, Resolution 2026-06 Approving the Proposed Fiscal Year 2027 Budget and Setting a Public Hearing July 20, 2026, at 6:00 P.M. to Adopt, was approved.

FIFTH ORDER OF BUSINESS	Consideration	of	Resolution	2026-07
Relating to General Election Qualifying Period and Procedures
Ms. Adams presented Resolution 2026-07. She stated they have a resolution prepared by District counsel which serves as a notice to the Supervisor of Elections office that seat number one, currently held by Emily Hazelrig, and seat number two, currently held by Jose Martinez, will be on the general election ballot for 2026. She noted the qualifying period is June 8th through June 12th. The election is facilitated by the Polk County Supervisor of Elections office. She also noted that this would be for a four-year term. Anyone who is interested in qualifying for seats one or two would go to the elections office or contact the elections office for further instructions. Now that these seats are included in the general election, she explained, the qualified elector for this election would need to be a U.S. citizen, a resident of the State of Florida, at least 18 years of age, living within the boundaries of North Boulevard CDD, and be registered to vote in Polk County.
Ms. Hancock reminded those who are interested in qualifying for seats one or two that they have to go to the Supervisor of Elections office. Other than that, she offered to answer any questions.

On MOTION by Mr. Martinez, seconded by Mr. Orenstein, with all in favor, Resolution 2026-07 Relating to General Election Qualifying Period and Procedures, was approved.

SIXTH ORDER OF BUSINESS	Review and Acceptance of Reserve Study
Ms. Adams reviewed the completed reserve study prepared by Reserve Advisors, including reserve components, projected long-term infrastructure expenditures, funding assumptions, and estimated replacement schedules. Discussion ensued regarding reserve contributions, amenity reserve obligations, and future capital planning.

On MOTION by Mr. Romero, seconded by Mr. Martinez, with all in favor, Accepting the Reserve Study, was approved.

SEVENTH ORDER OF BUSINESS	Consideration	of	Resolution	2026-08
Setting a Public Hearing to Adopt Amended Easement Variance Policies
Ms. Adams presented Resolution 2026-08 setting a public hearing to consider amended Easement Variance Policies. She explained the proposed amendments would expand the policy to address additional types of improvements potentially affecting District property or easements and would establish procedures for engineer review and Board consideration.

On MOTION by Mr. Romero, seconded by Mr. Martinez, with all in favor, Resolution 2026-08 Setting a Public Hearing for July 20, 2026 at 6:00 P.M. to Adopt Amended Easement Variance Policies, was approved.

EIGHTH ORDER OF BUSINESS	Staff Reports
Attorney
Ms. Hancock provided an update regarding pending Florida legislation potentially affecting sovereign immunity and recall procedures applicable to elected CDD Supervisors.

Engineer
Mr. Malave confirmed that they are getting ready to start programming some of their stormwater and infrastructure reviews based on the goals and objectives of the District to help make sure that they get this done before the end of the fiscal year. He brought forth that every five years the state puts a requirement that they are to report relating to all stormwater systems owned by any entity and they did one four years ago. The next one is due next year, which he noted they

will be programming that. He noted this will be due June 1 of next year and is part of the dollars that are in the 2027 budget. He explained that they are working with staff on issues that might be on there.
Field Manager’s Report
Ms. Adams addressed questions raised during public comment regarding stormwater inspections, parking enforcement near fire hydrants, and encroachments. Mr. Blanco reviewed the Field Manager’s Report, including drainage, landscape, monument, and maintenance items.

District Manager’s Report
Approval of Check Register
Ms. Adams reviewed the check register from January 1, 2026, to February 28, 2026. The total amount is $49,844.05.

On MOTION by Mr. Orenstein, seconded by Mr. Martinez, with all in favor, the Check Register, was approved.

Balance Sheet and Income Statement
Ms. Adams presented the unaudited financial report through the end of February. She noted they are monitoring the balances in the general fund and the capital reserve fund. She explained that $519,817 had been collected on tax roll assessments as of the end of February, representing approximately 98% of the total for the fiscal year. She pointed out that the Board did a very good job controlling expenses. She noted these are provided for informational purposes only.

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

TENTH ORDER OF BUSINESS	Supervisors'	Requests	and	Audience
Comments
Supervisors discussed parking enforcement near mailboxes, sidewalks, and fire hydrants. District Counsel noted the District may pursue recovery for damage to District property. Staff indicated reminder notices regarding parking rules may be distributed to residents. Additional audience comments were received regarding parking near fire hydrants.
ELEVENTH ORDER OF BUSINESS	Adjournment
Ms. Adams asked for a motion to adjourn the meeting.

On MOTION by Mr. Romero, seconded by Mr. Martinez, with all in favor, the meeting was adjourned.

Secretary/Assistant Secretary	Chairman/Vice Chairman

Section V

PREMISE ACCESS LICENSE
This Premises Access License (“License”) is between 	its successors and assigns (“Licensor”), and Frontier Communications of America Inc., its affiliates and subsidiaries, and their successors and assigns (“Frontier”). It applies to the development located at 		and includes the utility easement.
This License gives Frontier the ability to access the utility easement and right-of-way to install fiber cables, vaults and offer services.

For good and valuable consideration, the receipt if which is acknowledged, the parties agree that:
Frontier has the right to construct, maintain, access, and relocate or remove at its discretion all equipment needed to provide service (“Facilities”), including but not limited to all cabling and distribution equipment. Frontier may use these Facilities to deliver all services they can support, including voice, data and/or video (“Services”).
Frontier owns all Facilities it installs within the utility easement unless Licensor installs such facilities, in which case it will meet the specifications provided by Frontier.
Licensor shall not move, disturb, alter, change or connect to Frontier’s wiring and equipment without Frontier’s
written approval.
Licensor is not a party to any agreement that would limit Frontier’s ability to provide Services.
Frontier will perform all work in a good and workmanlike manner, and Frontier will repair any damage it causes in the utility easement.
Frontier shall have reasonable access to the utility easement to construct Facilities and provide Services, including access from the public right-of-way, if necessary.

Each party shall hold harmless and indemnify the other for negligent acts resulting in injury to the other’s property, employees, or the public. Nothing in this License obligates Frontier to deploy Facilities or offer Services at the Premises. This License begins on the date it is signed and continues for a period of ten years after Frontier starts providing services to the property. It automatically renews for successive ten -year periods unless Licensor provides one hundred twenty
(120) days’ written notice to terminate. If terminated, Frontier has the right to continue providing services to existing
customers and to serve new customers if allowed by law.
Licensor confirms that the number of residential units located on the premises that are available to receive Service is . Number of sub locations for business services is  . Number of common areas (gym, pools, meeting rooms, etc.) . The person signing below has the authority to sign this License.
Agreed and accepted on behalf of Licensor by:

Signature: 				Email:	 Printed Name: 		 		Phone: 		  Title:				Site Survey Contact:		  Date:				Site Survey Contact Phone:		

Section VI

NORTH BOULEVARD COMMUNITY DEVELOPMENT DISTRICT
CITY OF HAINES CITY, FLORIDA FINANCIAL REPORT
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2025

NORTH BOULEVARD COMMUNITY DEVELOPMENT DISTRICT CITY OF HAINES CITY, FLORIDA

TABLE OF CONTENTS

	Page	
INDEPENDENT AUDITOR’S REPORT	1-2	
MANAGEMENT’S DISCUSSION AND ANALYSIS	3-6	
BASIC FINANCIAL STATEMENTS		
Government-Wide Financial Statements:		
Statement of Net Position	7	
Statement of Activities	8	
Fund Financial Statements:		
Balance Sheet – Governmental Funds	9	
Reconciliation of the Balance Sheet – Governmental Funds
to the Statement of Net Position	
10	
Statement of Revenues, Expenditures and Changes in Fund Balances –
Governmental Funds	
11	
Reconciliation of the Statement of Revenues, Expenditures and Changes in
Fund Balances of Governmental Funds to the Statement of Activities	
12	
Notes to the Financial Statements	13-21	
REQUIRED SUPPLEMENTARY INFORMATION		
Schedule of Revenues, Expenditures and Changes in Fund Balance –
Budget and Actual – General Fund	
22	
Notes to Required Supplementary Information	23	
OTHER INFORMATION		
Data Elements required by FL Statute 218.39 (3) (c)	24	
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	

25-26	
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	

27	
MANAGEMENT LETTER REQUIRED BY CHAPTER 10.550 OF THE RULES OF THE AUDITOR GENERAL OF THE STATE OF FLORIDA	
28-29	

INDEPENDENT AUDITOR’S REPORT

To the Board of Supervisors
North Boulevard Community Development District City of Haines City, 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 and each major fund of North Boulevard Community Development District, City of Haines City, Florida ("District") as of and for the fiscal year ended September 30, 2025, and the related notes to the financial statements, which collectively comprise the District’s basic financial statements as listed in the table of contents.
In our opinion, the financial statements referred to above present fairly, in all material respects, the respective financial position of the governmental activities and each major fund, of the District as of September 30, 2025, and the respective changes in financial position thereof for the fiscal year then ended in accordance with accounting principles generally accepted in the United States of America.
Basis for Opinions
We conducted our audit in accordance with auditing standards generally accepted in the United States of America (GAAS) and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States. Our responsibilities under those standards are further described in the Auditor’s Responsibilities for the Audit of the Financial Statements section of our report. We are required to be independent of the District and to meet our other ethical responsibilities, in accordance with the relevant ethical requirements relating to our audit. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinions.
Responsibilities of Management for the Financial Statements
The District’s management is responsible for the preparation and fair presentation of the financial statements in accordance with accounting principles generally accepted in the United States of America; and for the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, management is required to evaluate whether there are conditions or events, considered in the aggregate, that raise substantial doubt about the District’s ability to continue as a going concern for twelve months beyond the financial statement date, including any currently known information that may raise substantial doubt shortly thereafter.
Auditor’s Responsibilities for the Audit of the Financial Statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinions. Reasonable assurance is a high level of assurance but is not absolute assurance and therefore is not a guarantee that an audit conducted in accordance with GAAS will always detect a material misstatement when it exists. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. Misstatements are considered material if there is a substantial likelihood that, individually or in the aggregate, they would influence the judgment made by a reasonable user based on the financial statements.

In performing an audit in accordance with GAAS, we:
Exercise professional judgment and maintain professional skepticism throughout the audit.
Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, and design and perform audit procedures responsive to those risks. Such procedures include examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements.
Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the District’s internal control. Accordingly, no such opinion is expressed.
Evaluate the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluate the overall presentation of the financial statements.
Conclude whether, in our judgment, there are conditions or events, considered in the aggregate, that raise substantial doubt about the District’s ability to continue as a going concern for a reasonable period of time.
We are required to communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit, significant audit findings, and certain internal control–related matters that we identified during the audit.
Required Supplementary Information
Accounting principles generally accepted in the United States of America require that the management’s discussion and analysis and budgetary comparison information be presented to supplement the basic financial statements. Such information is the responsibility of management and, although not a part of the basic financial statements, is required by the Governmental Accounting Standards Board, who considers it to be an essential part of financial reporting for placing the basic financial statements in an appropriate operational, economic, or historical context. We have applied certain limited procedures to the required supplementary information in accordance with auditing standards generally accepted in the United States of America, which consisted of inquiries of management about the methods of preparing the information and comparing the information for consistency with management’s responses to our inquiries, the basic financial statements, and other knowledge we obtained during our audit of the basic financial statements. We do not express an opinion or provide any assurance on the information because the limited procedures do not provide us with sufficient evidence to express an opinion or provide any assurance.
Other Information Included in the Financial Report
Management is responsible for the other information included in the financial report. The other information comprises the information for compliance with FL Statute 218.39 (3) (c) but does not include the financial statements and our auditor's report thereon. Our opinions on the financial statements do not cover the other information, and we do not express an opinion or any form of assurance thereon. In connection with our audit of the financial statements, our responsibility is to read the other information and consider whether a material inconsistency exists between the other information and the financial statements, or the other information otherwise appears to be materially misstated. If, based on the work performed, we conclude that an uncorrected material misstatement of the other information exists, we are required to describe it in our report.
Other Reporting Required by Government Auditing Standards
In accordance with Government Auditing Standards, we have also issued our report dated April 2, 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.

April 2, 2026

MANAGEMENT’S DISCUSSION AND ANALYSIS

The management of the North Boulevard Community Development District, City of Haines City, Florida (“District”) would like to offer the readers of the District’s financial statements this discussion and analysis 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 most recent fiscal year resulting in a net position balance of $927,510.

The change in the District’s total net position in comparison with the prior fiscal year was ($40,795), 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
$807,120, an increase of $87,524 in comparison with the prior fiscal year. A portion of fund balance is non-spendable for prepaid items and deposits, restricted for debt service, assigned for capital reserves, and the remainder is unassigned fund balance which is available for spending at the District’s discretion.
OVERVIEW OF FINANCIAL STATEMENTS

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

Government-Wide Financial Statements
The government-wide financial statements are designed to provide readers with a broad overview of the District’s finances, in a manner similar to a private-sector business.

The statement of net position presents information on all the District’s assets and liabilities, with the difference between the two reported as net position. Over time, increases or decreases in net position may serve as a useful indicator of whether the financial position of the District is improving or deteriorating.
The statement of activities presents information showing how the government’s net position changed during the most recent fiscal year. All changes in net position are reported as soon as the underlying event giving rise to the change occurs, regardless of the timing of related cash flows. Thus, revenues and expenses are reported in this statement for some items that will only result in cash flows in future fiscal periods.

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

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

OVERVIEW OF FINANCIAL STATEMENTS (Continued)

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

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

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

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.

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

GOVERNMENT-WIDE FINANCIAL ANALYSIS

As noted earlier, net position may serve over time as a useful indicator of an entity’s financial position. In the case of the District, 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,
2025	2024	
Assets, excluding capital assets	$	826,194	$	737,406	
Capital assets, net of depreciation	6,415,092	6,680,216	
Total assets	7,241,286	7,417,622	
Liabilities, excluding long-term liabilities	150,562	151,639	
Long-term liabilities	6,163,214	6,297,678	
Total liabilities	6,313,776	6,449,317	
Net Position	
Net investment in capital assets	251,878	386,396	
Restricted	458,561	418,017	
Unrestricted	217,071	163,892	
Total net position	$	927,510	$	968,305	

GOVERNMENT-WIDE FINANCIAL ANALYSIS (Continued)

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

The restricted portion of the District’s net position represents resources that are subject to external restrictions on how they may be used. The remaining balance of unrestricted net position may be used to meet the District’s other obligations.

The District’s net position decreased during the most recent fiscal year. The majority of the decrease 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,
2025	2024

Revenues:
Program revenues
Charges for services	$	902,651	$	806,090	
Operating grants and contributions	23,701	24,852	
Capital grants and contributions	34	347	
General revenues
Miscellaneous	
225	
90	
Unrestricted investment earnings	364	-	
Total revenues	926,975	831,379	
Expenses:	
General government	130,136	117,785	
Maintenance and operations	400,339	374,230	
Amenity	119,080	116,121	
Interest	318,215	323,696	
Total expenses	967,770	931,832	
Change in net position	(40,795)	(100,453)	
Net position - beginning	968,305	1,068,758	
Net position - ending	$	927,510	$	968,305	

As noted above and in the statement of activities, the cost of all governmental activities during the fiscal year ended September 30, 2025, was $967,770. The costs of the District’s activities were primarily funded by program revenues. Program revenues are comprised primarily of assessments and investment earnings. Revenues increased from the prior year primarily as the result of an increase in assessments.

GENERAL BUDGETING HIGHLIGHTS

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

CAPITAL ASSETS AND DEBT ADMINISTRATION

Capital Assets
At September 30, 2025, the District had $7,953,699 invested in capital assets for its governmental activities. In the government-wide financial statements depreciation of $1,538,607 has been taken, which resulted in a net book value of $6,415,092. More detailed information about the District’s capital assets is presented in the notes of the financial statements.

Capital Debt
On September 30, 2025, the District had $6,175,000 in Bonds outstanding. More detailed information about the District’s capital debt is presented in the notes of the financial statements.

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

CONTACTING THE DISTRICT’S FINANCIAL MANAGEMENT
This financial report is designed to provide property owners, customers, investors and creditors with a general overview of the District’s finances and to demonstrate the District’s accountability for the financial resources it manages and the stewardship of the facilities it maintains. If you have questions about this report or need additional financial information, contact the North Boulevard Community Development District’s Finance Department at 219 E. Livingston Street, Orlando FL, 32801.

NORTH BOULEVARD COMMUNITY DEVELOPMENT DISTRICT CITY OF HAINES CITY, FLORIDA
STATEMENT OF NET POSITION SEPTEMBER 30, 2025

	Governmental
	Activities		
ASSETS		
Cash	$	86,953	
Investments	65,362	
Assessments receivable	2,426	
Prepaid items and deposits	13,248	
Restricted assets:		
Cash	69,418	
Investments	588,787	
Capital assets:		
Depreciable, net		6,415,092 	
Total assets		7,241,286 	
LIABILITIES		
Accounts payable	19,074	
Accrued interest payable	131,488	
Non-current liabilities:		
Due within one year	140,000	
Due in more than one year		6,023,214 	
Total liabilities		6,313,776 	
NET POSITION		
Net investment in capital assets	251,878	
Restricted for debt service	458,561	
Unrestricted		217,071 	
Total net position	 $	927,510 	

See notes to the financial statements

NORTH BOULEVARD COMMUNITY DEVELOPMENT DISTRICT CITY OF HAINES CITY, FLORIDA
STATEMENT OF ACTIVITIES
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2025

Program Revenues
Charges	Operating	Capital

Net (Expense) Revenue and Changes in Net Position

for		Grants and		Grants and	Governmental Functions/Programs		Expenses	Services	Contributions	Contributions		Activities	 Primary government:
Governmental activities:
General government	$	130,136	$	130,136	$	-	$	-		$	-	
Maintenance and operations	400,339	302,993	-	34	(97,312)	
Amenity	119,080	-	-	-		(119,080)	
Interest on long-term debt		318,215	469,522	23,701	-	175,008 
Total governmental activities		967,770	902,651	23,701	34	(41,384) 

General revenues:		
Miscellaneous	225	
Unrestricted investment earnings		364 	
Total general revenues		589 	
Change in net position	(40,795)	
Net position - beginning		968,305 	
Net position - ending	 $	927,510 	

See notes to the financial statements

BALANCE SHEET GOVERNMENTAL FUNDS SEPTEMBER 30, 2025

	Major Funds	
Debt		Capital General	Service	Projects

Total Governmental Funds

ASSETS		
Cash	$	86,953	$	-	$	69,418	$	156,371	
Investments	65,362	588,787	-	654,149	
Assessments receivable	1,164	1,262	-	2,426	
Prepaid items and deposits	13,248	-	-	13,248	
Total assets	 $	166,727	$	590,049	$	69,418	$	826,194 

LIABILITIES AND FUND BALANCES
Liabilities:
Accounts payable	$	19,074	$	-	$	-	$	19,074	
Total liabilities	19,074	-	-	19,074	

Fund balances:
Nonspendable:
Prepaid items and deposits	13,248	-	-	13,248	
Restricted for:					
Debt service	-	590,049	-	590,049	
Assigned to:	
Capital reserves	-	-	69,418	69,418	
Unassigned	134,405	-	-	134,405	
Total fund balances	147,653	590,049	69,418	807,120	

Total liabilities and fund balances	
$	166,727	
$	590,049	
$	69,418	
$	826,194	

See notes to the financial statements

RECONCILIATION OF THE BALANCE SHEET – GOVERNMENTAL FUNDS TO THE STATEMENT OF NET POSITION
SEPTEMBER 30, 2025

Total fund balances - governmental funds	$	807,120

Amounts reported for governmental activities in the statement of net position are different because:
Capital assets used in governmental activities are not financial resources and, therefore, are not reported as assets in the governmental funds. The statement of net position includes those capital assets in the net position of the government as a whole.
Cost of capital assets	7,953,699
Accumulated depreciation	  (1,538,607)    6,415,092
Liabilities not due and payable from current available resources are not reported as liabilities in the governmental fund statements. All liabilities, both current and long-term, are reported in the government-wide financial statements.
Accrued interest payable	(131,488)
Bonds payable	  (6,163,214)   (6,294,702) 
Net position of governmental activities	 $	927,510 

See notes to the financial statements

STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES GOVERNMENTAL FUNDS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2025

		Major Funds			Total	
				Debt		Capital	Governmental	
		General		Service		Projects		Funds	
REVENUES
Assessments	
$	
433,129	
$	
469,522	
$	
-	
$	
902,651	
Interest income		364		23,701		34		24,099	
Miscellaneous		225		-		-		225	
Total revenues		433,718		493,223		34		926,975	

EXPENDITURES
Current:
General government		

130,136		

-		

-		

130,136	
Maintenance and operations		155,112		-		3,858		158,970	
Amenity Debt service:
Principal		95,325

-		-

135,000		-

-		95,325

135,000	
Interest		-		320,020		-		320,020	
Total expenditures		380,573		455,020		3,858		839,451	

Excess (deficiency) of revenues over (under) expenditures		

53,145		

38,203		

(3,824)		

87,524	
OTHER FINANCING SOURCES (USES)
Interfund transfers in / (out)		
(40,000)		
-		
40,000		
-	
Total other financing sources (uses)		(40,000)		-		40,000		-	

Net change in fund balances		
13,145		
38,203		
36,176		
87,524	
Fund balances - beginning		134,508		551,846		33,242		719,596	

Fund balances - ending	
$	
147,653	
$	
590,049	
$	
69,418	
$	
807,120	

See notes to the financial statements

RECONCILIATION OF THE STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES OF GOVERNMENTAL FUNDS TO THE STATEMENT OF ACTIVITIES
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2025

are different because:		
Depreciation of capital assets is not recognized in the governmental fund statements but is reported as an expense in the statement of activities.	

(265,124)	
Repayment of long-term liabilities are reported as expenditures in the governmental fund statement but such repayments reduce liabilities in the statement of net position and are eliminated in the statement of activities.	

135,000	
Amortization of Bond discounts is not recognized in the governmental fund financial statements, but is reported as an expense in the statement of activities.	

(536)	
The change in accrued interest on long-term liabilities between the current and prior fiscal year is recorded in the statement of activities but not in the fund financial statements.	

	2,341 	
Change in net position of governmental activities	 $	(40,795) 	

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

87,524

See notes to the financial statements

NOTES TO FINANCIAL STATEMENTS

NOTE 1 – NATURE OF ORGANIZATION AND REPORTING ENTITY

North Boulevard Community Development District ("District") was established by Ordinance No. 17-1555, adopted by City of Haines City, Florida on April 6, 2017, and created pursuant to the Uniform Community Development District Act of 1980, otherwise known as Chapter 190, Florida Statutes. The Act provides among other things, the power to manage basic services for community development, power to borrow money and issue bonds, and to levy and assess non-ad valorem assessments for the financing and delivery of capital infrastructure.

The District was established for the purposes of financing and managing the acquisition, construction, maintenance and operation of a portion of the infrastructure necessary for community development within the District.

The District is governed by the Board of Supervisors ("Board"), which is composed of five members. The Board exercises all powers granted to the District pursuant to Chapter 190, Florida Statutes. As of September 30, 2025, three Supervisors are elected on an at-large basis by the owners of the property within the District. Two Supervisors are elected by qualified electors within the District. One Board Member is affiliated with the developer f/k/a HH CR547 Investors I, LLC ("Developer").

The Board has the final 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 is offset by program revenues. Direct expenses are those that are clearly identifiable with a specific function or segment. Program revenues include 1) charges to customers who purchase, use or directly benefit from goods, services or privileges provided by a given function or segment. Operating-type special assessments for maintenance and debt service are treated as charges for services and 2) grants and contributions that are restricted to meeting the operational or capital requirements of a particular function or segment. Other items not included among program revenues are reported instead as general revenues.

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

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

Assessments and interest associated with the current fiscal period are considered to be susceptible to accrual and so have been recognized as revenues of the current fiscal period. The portion of assessments receivable due within the current fiscal period is considered to be susceptible to accrual as revenue of the current period.

The District reports the following major governmental funds:

General Fund
The general fund is the general operating fund of the District. It is used to account for all financial resources except those required to be accounted for in another fund.
Debt Service Fund
The debt service fund is used to account for the accumulation of resources for the annual payment of principal and interest on long-term debt.
Capital Projects Fund
This fund accounts for the financial resources to be used for the acquisition or construction of major infrastructure within the District as well as funds set aside for capital reserves.

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 District’s policy to use restricted resources first for qualifying expenditures, then unrestricted resources as they are needed.

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

Deposits and Investments
The District’s cash on hand and demand deposits are considered to be cash and cash equivalents.
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.

Securities listed in paragraph c and d shall be invested to provide sufficient liquidity to pay obligations as they come due.
The District records all interest revenue related to investment activities in the respective funds. Investments are measured at amortized cost or reported at fair value as required by generally accepted accounting principles.

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

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

Property, plant and equipment of the District are depreciated using the straight-line method over the following estimated useful lives:
Assets	Years	
Stormwater management	30	
Roadways	30	
Entry features	30	
Parks & amenities	30	

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.

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

Long-Term Obligations
In the government-wide financial statements long-term debt and other long-term obligations are reported as liabilities in the statement of net position. Bond premiums and discounts are deferred and amortized 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 premiums and discounts, as well as issuance costs, during the current period. The face amount of debt issued is reported as other financing sources. Premiums received on debt issuances are reported as other financing sources while discounts on debt issuances are reported as other financing uses. Issuance costs, whether or not withheld from the actual debt proceeds received, are reported as debt service expenditures.

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

In addition to liabilities, the statement of financial position will sometimes report a separate section for deferred inflows of resources. This separate financial statement element, deferred inflows of resources, represents an acquisition of net position that applies to a future period(s) and so will not be recognized as an inflow of resources (revenue) until that time.

Fund Equity/Net Position
In the fund financial statements, governmental funds report 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.

Fund Equity/Net Position (Continued)
Net position is the difference between assets and deferred outflows of resources less liabilities and deferred inflows of resources. Net position in the government-wide financial statements are categorized as net investment in capital assets, restricted or unrestricted. Net investment in capital assets represents net position related to infrastructure and property, plant and equipment. Restricted net position represents the assets restricted by the District’s Bond covenants or other contractual restrictions. Unrestricted net position consists of the net position not meeting the definition of either of the other two components.

Other Disclosures

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

NOTE 3 – BUDGETARY INFORMATION

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

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

Each year the District Manager submits to the District Board a proposed operating budget for the fiscal year commencing the following October 1.
A public hearing is 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 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.

The District’s investments were held as follows at September 30, 2025:
 Amortized Cost	Credit Risk	Maturities	
Weighted average of the

Florida PRIME	$
First American Treasury Obligations

65,362

S&P AAAm

portfolio: 47 days
Weighted average of the

Fund CL Y		588,787 	S&P AAAm	portfolio: 48 days
Total Investments	 $	654,149 

Credit risk – For investments, credit risk is generally the risk that an issuer of an investment will not fulfill its obligation to the holder of the investment. This is measured by the assignment of a rating by a nationally recognized statistical rating organization. Investment ratings by investment type are included in the preceding summary of investments.

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

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

Fair Value Measurement – When applicable, the District measures and records its investments using fair value measurement guidelines established in accordance with GASB Statements. The framework for measuring fair value provides a fair value hierarchy that prioritizes the inputs to valuation techniques.
These guidelines recognize a three-tiered fair value hierarchy, in order of highest priority, as follows:
Level 1: Investments whose values are based on unadjusted quoted prices for identical investments in active markets that the District has the ability to access;
Level 2: Investments whose inputs - other than quoted market prices - are observable either directly or indirectly; and,
Level 3: Investments whose inputs are unobservable.
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. Accordingly, the District’s investments have been reported at amortized cost above.
NOTE 5 – INTERFUND TRANSFERS

Interfund transfers for the fiscal year ended September 30, 2025 were as follows:
 Fund	Transfer in	Transfer out 
General	$	-	$	40,000	
Capital projects		40,000	-		
Total	 $	40,000 $	40,000 	

Transfers are used to move revenues from the fund where collection occurs to the fund where funds have been reallocated for use. In the case of the District, transfers from the general fund to the capital projects fund were made in order to fund the capital reserves.

Beginning Balance

Additions	Reductions

Ending Balance

Capital assets, being depreciated
Stormwater management	$	5,085,087	$	-	$	-	$	5,085,087	
Roadways	1,829,313	-	-	1,829,313	
Entry features	326,663	-	-	326,663	
Parks & amenities	712,636	-	-	712,636	
Total capital assets, being depreciated	7,953,699	-	-	7,953,699	

Less accumulated depreciation for: Stormwater management	

814,604	

169,503	

-	

984,107	
Roadways	294,722	60,977	-	355,699	
Entry features	52,630	10,889	-	63,519	
Parks & amenities	111,527	23,755	-	135,282	
Total accumulated depreciation	1,273,483	265,124	-	1,538,607	

Total capital assets, being depreciated, net	
6,680,216	
(265,124)	
-	6,415,092	

Governmental activities capital assets	
$	6,680,216	
$	(265,124)	
$	-	$	6,415,092	

Depreciation was charged to the following:

Maintenance and operations	$	241,369	
Amenity		23,755 	
Total	 $	265,124 	

NOTE 7 – LONG-TERM LIABILITIES

Series 2017 Bonds
On October 16, 2017, the District issued $4,965,000 of Special Assessment Bonds, Series 2017 consisting of multiple term Bonds with due dates ranging from May 1, 2023, to May 1, 2048, and fixed interest rates ranging from 3.5% to 5%. The Bonds were issued to finance the acquisition, construction and equipping of certain improvements for the benefit of the District. Interest is to be paid semiannually on each May 1 and November 1. Principal on the Bonds is to be paid serially commencing May 1, 2019, through May 1, 2048.

The Series 2017 Bonds are subject to redemption at the option of the District prior to their maturity. The Series 2017 Bonds are subject to optional and mandatory redemption prior to their selected maturity in the manner determined by the Bond Registrar if certain events occurred as outlined in the Bond Indenture.

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

Series 2019 Bonds
On January 17, 2019, the District issued $4,335,000 of Special Assessment Bonds, Series 2019 consisting of multiple term Bonds with due dates ranging from November 1, 2024, to November 1, 2049, and fixed interest rates ranging from 4.25% to 5.625%. The Bonds were issued to finance the acquisition, construction and equipping of certain improvements for the benefit of the District. Interest is to be paid semiannually on each May 1 and November 1. Principal on the Bonds is to be paid serially commencing November 1, 2020, through November 1, 2049.
The Series 2019 Bonds are subject to redemption at the option of the District prior to their maturity. The Series 2019 Bonds are subject to optional and mandatory redemption prior to their selected maturity in the manner determined by the Bond Registrar if certain events occurred as outlined in the Bond.

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

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

	Beginning
Balance	
Additions	
Reductions	Ending
Balance	Due Within
One Year	
Governmental activities Bonds payable
Series 2017	

$	3,460,000	

$	-	$	

80,000	

$	3,380,000	

$	85,000	
Less: issuance discount	(12,322)	-	(536)	(11,786)	-	
Series 2019	2,850,000	-	55,000	2,795,000	55,000	
Total	$	6,297,678	$	-	$	134,464	$	6,163,214	$	140,000	
On September 30, 2025, the scheduled debt service requirements on the long-term debt were as follows:

Year ending

	Governmental Activities	

  September 30:	Principal	Interest	Total	
2026	$	140,000	$	314,265	$	454,265	
2027	150,000	308,049	458,049	
2028	150,000	301,509	451,509	
2029	160,000	294,850	454,850	
2030	165,000	287,369	452,369	
2031-2035	975,000	1,302,875	2,277,875	
2036-2040	1,250,000	1,029,917	2,279,917	
2041-2045	1,610,000	665,405	2,275,405	
2046-2050		1,575,000	200,249	1,775,249 	
	 $	6,175,000	$	4,704,488	$	10,879,488 	

NOTE 8 – 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 (Board appointed non-voting positions) of the District. Under the agreement, the District compensates the management company for management, accounting, financial reporting, and other administrative costs.

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 10 – INTERLOCAL AGREEMENT

The District has entered into an interlocal agreement with Holly Hill Road East Community Development District (“HHRE”) for the shared costs of maintaining certain amenities available to residents within the District and HHRE.

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

	
Budgeted
		Amounts	 Original & Final	

Actual Amounts	Variance with Final Budget - Positive
(Negative)	
REVENUES
Assessments	
$	431,702	
$	433,129	
$	1,427	
Miscellaneous	-	225	225	
Total revenues	431,702	433,718	2,016	

EXPENDITURES
Current:
General government	132,185	130,136	2,049	
Maintenance and operations	163,948	155,112	8,836	
Amenity	95,569	95,325	244	
Total expenditures	391,702	380,573	11,129	

Excess (deficiency) of revenues over (under) expenditures	

40,000	

53,145	

13,145	
OTHER FINANCING SOURCES
Interfund transfers in / (out)	
(40,000)	
(40,000)	
-	
Total other financing sources (uses)	(40,000)	(40,000)	-	

Net change in fund balances	
  $	-		
13,145	
 $	13,145 	
Fund balance - beginning			134,508 		
Fund balance - ending		 $	147,653 		

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.	0	
Number of independent contractors compensated to whom nonemployee compensation was paid in the last month of the District’s fiscal year being reported.	
26	
Employee compensation	$5,400	
Independent contractor compensation	$392,859	
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	Operations and maintenance - $1,193.30
Debt service - $1,146.24 - $1,398.96	
Special assessments collected	$902,651	
Outstanding Bonds:		
Series 2017, due May 1, 2048	$3,380,000	
Series 2019, due November 1, 2049	$2,795,000	

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
North Boulevard Community Development District City of Haines City, Florida
We have audited, in accordance with the auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards issued by the Comptroller General of the United States, the financial statements of the governmental activities and each major fund of North Boulevard Community Development District, City of Haines City, 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 April 2, 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 have not been 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.

April 2, 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
North Boulevard Community Development District City of Haines City, Florida

We have examined North Boulevard Community Development District, City of Haines City, 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 North Boulevard Community Development District, City of Haines City, Florida and is not intended to be and should not be used by anyone other than these specified parties.

April 2, 2026

MANAGEMENT LETTER PURSUANT TO THE RULES OF THE AUDITOR GENERAL FOR THE STATE OF FLORIDA
To the Board of Supervisors
North Boulevard Community Development District City of Haines City, Florida

Report on the Financial Statements
We have audited the accompanying basic financial statements of North Boulevard Community Development District, City of Haines City, Florida ("District") as of and for the fiscal year ended September 30, 2025, and have issued our report thereon dated April 2, 2026.

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

Other Reporting Requirements
We have issued our Independent Auditor’s Report on Internal Control over Financial Reporting and on Compliance and Other Matters Based on an Audit of the Financial Statements Performed in Accordance with Government Auditing Standards; and Independent Auditor’s Report on an examination conducted in accordance with AICPA Professional Standards, AT-C Section 315, regarding compliance requirements in accordance with Chapter 10.550, Rules of the Auditor General. Disclosures in those reports, which are dated April 2, 2026, should be considered in conjunction with this management letter.

Purpose of this Letter

The purpose of this letter is to comment on those matters required by Chapter 10.550 of the Rules of the Auditor General for the State of Florida. Accordingly, in connection with our audit of the financial statements of the District, as described in the first paragraph, we report the following:
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 Florida Auditor General, Federal and other granting agencies, as applicable, management, and the Board of Supervisors of North Boulevard Community Development District, City of Haines City, Florida and is not intended to be and should not be used by anyone other than these specified parties.

We wish to thank North Boulevard Community Development District, City of Haines City, 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.

April 2, 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 or not corrective actions have been taken to address findings and recommendations made in the preceding annual financial audit report.

There were no significant findings and recommendations made in the preceding annual financial audit report for the fiscal year ended September 30, 2024.
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 as of September 30, 2025. 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 24.

!!"#$%& "##

Section C

May 18, 2026
North Boulevard CDD
Field Management Report

Completed Items
Several fence repairs were completed on Buchanan Dr.
“Potential Hot Surface” stickers were added on the metal playground posts as recommended by the insurance provider.
Contracted Services
GMS staD performed thorough reviews of the landscaping and ponds.
Overall, the district is receiving satisfactory performance from contracted vendors.
In Progress
Currently, securing missing skimmer piece to install on the newly installed weirbox on Taft Dr.
(2) pieces of playground equipment were found with evidence of ﬂaking on the rubber coating. Currently, getting pricing on both pieces of playground equipment.
Scheduling moving both mailbox parking signs from the left side of the mailboxes to the right.

1

Cypress Ridge CDD | Clayton Smith Director of Field Operations | csmith@gmscfl.com |407-201-1514

Section 1

North Boulevard CDD Field Management Action Items List	
Description	Vendor	Status	Proposal $	Completion	Notes	
Installing Skimmer to Side Opening of the Weirbox	
GMS	
Pending			Purchasing and installing side skimmer to the newly installed weirbox.	

Playground Equipment Replacement [(2) Pieces]	

GMS	

Pending			One of the playgrounds has evidence of rubber coating starting to flake with metal exposed. Currently securing pricing on both pieces of equipment.	
Moving Mailbox Parking Signs	GMS	Pending			Moving both mailbox parking signs from
the left of the mailboxes to the right.	

!!"#$%& "

Headquarters
200 South F Street

(863) 422-5207
www.princeandsonsinc.com

Haines City, Florida 33844

Tampa
9513 US 92 East
Tampa, Florida 33610

Orlando
14645 Boggy Creek Rd Orlando, Florida 32824

Valued Customer,

Our family-owned company at Prince & Sons thanks you for the business in servicing your property’s landscaping. We are unable to continue to absorb excessive increase in the cost of fuel to our company. We do everything we can to conserve fuel and buy in bulk to keep our prices down however the increases to gas and diesel have resulted in a direct 3% increase to our hard costs that we need to pass along to our customers. We hope this is not a long-term problem so we want to have in place a clear invoicing process that can be tracked. Effective immediately we are sending a separate 3% fuel charge invoice to help offset this expense. The below increase will be invoiced:
Average gas price of >=$4/gallon we will have a 3% increase Average gas price of $3.50-$3.99/gallon we will have a 2% increase Average gas price <$3.49/gallon the fuel service charge will end
BASED ON STATE AVERAGE
ONLY APPLIES TO CONTRACTED “ESSENTIAL SERVICES”
FUEL SERVICE CHARGE APPLIES THROUGH SEPTEMBER IF PRICES WARRANT
FY 2027 CHARGES WOULD NEED TO BE APPROVED FOR BUDGET

We thank you for your understanding with this. Please do not hesitate to contact your manager if you have any questions.

Warmest Regards,

Lucas Dean Martin Vice President

Phone: 863-422-5207 Office

Section D

Section 1

North Boulevard Community Development District

Summary of Check Register

March 01, 2026 to March 31, 2026

Bank	Date	Check No.'s		Amount	

General Fund	

3/6/26	

596-599	

$	

3,233.53	
	3/17/26	600	$	5,941.88	
	3/20/26	601-603	$	5,273.65	
	3/27/26	604-607	$	1,522.89	
			$	15,971.95	

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	5/08/26	PAGE	1
*** CHECK DATES 03/01/2026 - 03/31/2026 ***	NORTH BOULEVARD GENERAL FUND
BANK A GENERAL FUND

DATE	DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS			AMOUNT	#	
3/06/26 00029	2/19/26	22480242 202601 310-51300-31100	*	525.00			

- - - - - - - - 3/06/26 00050	ENGINEERING SVCS-JAN26
DEWBERRY ENGINEERING
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
12/31/25 00075053 202512 310-51300-48000	
-	
-	
-	
-	
-	
-	
-	
-	
- -
*	
-	
-	
-	
-	
-	
-	
- - - -	
-	525.00
- - - -	000596
- - -	
	GANNETT MEDIA CORP DBA																	349.67	000597	
- - - - - - - -	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	-	-	-	-	-	-	-	-	- -	-	-	-	-	-	- - - - -	-	- - - -	- - -	
3/06/26 00036	2/19/26 14230	202601 310-51300-31500									*						2,126.10				
	ATTORNEY SVCS-JAN26																			
	KILINSKI	VAN WYK PLLC																	2,126.10	000598	
- - - - - - - -	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	-	-	-	-	-	-	-	-	- -	-	-	-	-	-	-	- - - -	- - - - -	- - -	
3/06/26 00039	2/25/26 TL2678	202603 330-57200-48201									*							232.76			
	PET WASTE STATION-MAR26																			

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

NOT OF BOS MTG 12/29/25

349.67

POOP BANDIT	232.76 000599

3/17/26 00019	1/31/26	
	1/31/26	
	3/01/26	
	3/01/26	
	3/01/26	
	3/01/26	
	3/01/26	
	3/01/26	

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
208	202601 330-57200-48000	*	344.10
PLAYGROUND MAINTENANCE
209	202601 330-57200-48100	*	156.56
FIRE ANTS GRANULAR
210	202603 320-53800-12000	*	716.50
FIELD MANAGEMENT-MAR26
211	202603 310-51300-34000	*	3,862.50
MANAGEMENT FEES-MAR26
211	202603 310-51300-35200	*	108.17
WEBSITE MANAGEMENT-MAR26
211	202603 310-51300-35100	*	162.25
INFORMATION TECH-MAR26
211	202603 310-51300-31300	*	585.83
DISSEMINATION SVCS-MAR26
211	202603 310-51300-51000	*	.15
OFFICE SUPPLIES
3/01/26 211	202603 310-51300-42000	*	3.72
POSTAGE
3/01/26 211	202603 310-51300-42500	*	2.10
COPIES
GOVERNMENTAL MANAGEMENT SERVICES-CF	5,941.88 000600
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/20/26 00027	3/19/26 03192026 202603 300-20700-10000	*	463.08
TRANSFER OF TAX RCPT S17
NORTH BOULEVARD CDD	463.08 000601
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/20/26 00028	3/19/26 03192026 202603 300-20700-10000	*	376.19
TRANSFER OF TAX RCPT S19
NORTH BOULEVARD CDD	376.19 000602
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
NOBU NORTH BOULEVAR IARAUJO

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	5/08/26	PAGE	2
*** CHECK DATES 03/01/2026 - 03/31/2026 ***	NORTH BOULEVARD GENERAL FUND

CHECK	VEND# DATE	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS		STATUS		AMOUNT	....CHECK..... AMOUNT	#	
3/20/26 00012	2/24/26 8083589	202602 310-51300-32300
U.S. BANK		*		4,434.38	
4,434.38 000603	
- - - - - - - - 3/27/26 00029	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/19/26 22483320 202602 310-51300-31100
DEWBERRY ENGINEERING	- - - - -	- - - -
*	- - - - -	- - - - -	- - - - - - - -

500.00 000604	
- - - - - - - - 3/27/26 00036	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/19/26 14516	202602 310-51300-31500
KILINSKI	VAN WYK PLLC	- - - - -	- - - -
*	- - - - -	- - - - -	- - - - - - - -

796.50 000605	
- - - - - - - - 3/27/26 00044	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/26/26 71282656 202602 330-57200-48100
3/06/26 71282657 202603 330-57200-48100	- - - - -	- - - -
*
*	- - - - -	- - - - -

50.00	- - - - - - - -	
	PEST CONTROL-MAR26
MASSEY SERVICES INC.					110.00 000606	
- - - - - - - - 3/27/26 00035	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/13/26 22593	202602 320-53800-47300
PRINCE & SONS INC.	- - - - -	- - - -
*	- - - - -	- - - - -	- - - - - - - -

116.39 000607	
- - - - - - - -	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	- - - - -	- - - -	- - - - -	- - - - -	- - - - - - - -	

BANK A GENERAL FUND

TRUSTEE FEES S19-FY26

ENGINEERING SVCS-FEB26

500.00

ATTORNEY SVCS-FEB26

796.50

PEST INITIAL FEE-FEB26

60.00

RPLCD ROTORS AND NOZZLES

116.39

TOTAL FOR BANK A	15,971.95

NOBU NORTH BOULEVAR IARAUJO

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	5/08/26	PAGE	3
*** CHECK DATES 03/01/2026 - 03/31/2026 ***	NORTH BOULEVARD GENERAL FUND
BANK Z GENERAL FUND AUTOPAY

DATE	DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS			AMOUNT	#	
3/06/26 00060	2/17/26	1694-02. 202602 320-53800-43100	*	938.55			
	000 NORTH BLVD-FEB.26
DUKE	ENERGY PAYMENT PROCESSING												938.55	080033	
- - - - - - - -	- - - - - - - - - - - - - - - - - - - - -	- - - - - - - - - - - - -	- -	-	-	- -	- -	-	-	-	-	- - - -	-	- - - -	- - -	
3/06/26 00060	2/18/26 1412-02. 202602 320-53800-43100					*						836.86				
	0000 FOREST LK DR-FEB.26															
	DUKE	ENERGY PAYMENT PROCESSING												836.86	080034	
- - - - - - - -	- - - - - - - - - - - - - - - - - - - - -	- - - - - - - - - - - - -	- -	-	-	- -	- -	-	-	-	-	- - - -	-	- - - -	- - -	
3/06/26 00060	2/25/26 2843-02. 202602 320-53800-43000					*						356.54				
	564 BUCHANNAN DR-FEB.26															

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

DUKE ENERGY PAYMENT PROCESSING	356.54 080035
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/19/26 00060	3/10/26 1230-02. 202602 320-53800-43000	*	79.21
582 TAFT DR-FEB.26
DUKE ENERGY PAYMENT PROCESSING	79.21 080036
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/19/26 00060	3/10/26 1454-02. 202602 320-53800-43000	*	32.66
901 FILLMORE BLVD-FEB.26
DUKE ENERGY PAYMENT PROCESSING	32.66 080037
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/19/26 00060	3/10/26 2637-02. 202602 320-53800-43000	*	97.45
1900 NORTH BLVD-FEB.26
DUKE ENERGY PAYMENT PROCESSING	97.45 080038
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/19/26 00060	3/18/26 1694-03. 202603 320-53800-43100	*	938.38
000 NORTH BLVD-MAR.26
DUKE ENERGY PAYMENT PROCESSING	938.38 080039
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/23/26 00060	3/19/26 1412-03. 202603 320-53800-43100	*	836.73
0000 FOREST LK-MAR.26
DUKE ENERGY PAYMENT PROCESSING	836.73 080040
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/30/26 00060	3/27/26 2843-03. 202603 320-53800-43000	*	381.70
564 BUCHANNAN DR-MAR.26
DUKE ENERGY PAYMENT PROCESSING	381.70 080041
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
TOTAL FOR BANK Z	4,498.08
TOTAL FOR REGISTER	20,470.03

NOBU NORTH BOULEVAR IARAUJO

Section 2

North Boulevard
Community Development District

Unaudited Financial Reporting
March 31, 2026

Table of Contents

1		Balance Sheet	

2-3	
	General Fund	

4	
	Debt Service Fund - Series 2017	

5	
	Debt Service Fund - Series 2019	

6	
	Capital Reserve Fund	

7-8	
	Month to Month	

9	
	Long Term Debt Schedule	

10	
	Assessment Receipt Schedule	

Community Development District Combined Balance Sheet
March 31, 2026

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

$	

473,917	

$	

-	

$	

63,303	

$	

537,220	
Due From General Fund	$	-	$	1,260	$	-	$	1,260	
State Board - 231420	$	66,676	$	-	$	-	$	66,676	
Deposits
Investments:	$	960	$	-	$	-	$	960	
Series 2017									
Reserve	$	-	$	123,875	$	-	$	123,875	
Revenue	$	-	$	365,041	$	-	$	365,041	
Redemption
Series 2019	$	-	$	841	$	-	$	841	
Reserve	$	-	$	105,956	$	-	$	105,956	
Revenue	$	-	$	249,378	$	-	$	249,378	
Prepayment	$	-	$	168	$	-	$	168	
Total Assets	$	541,553	$	846,519	$	63,303	$	1,451,375	
Liabilities:									
Accounts Payable	$	8,268	$	-	$	-	$	8,268	
Due to Debt Service	$	1,260	$	-	$	-	$	1,260	
Total Liabilites	$	9,528	$	-	$	-	$	9,528	

Fund Balance:									
Assigned For:									
Debt Service - Series 2017	$	-	$	490,452	$	-	$	490,452	
Debt Service - Series 2019	$	-	$	356,067	$	-	$	356,067	
Restricted For:									
Capital Reserve	$	-	$	-	$	63,303	$	63,303	
Unassigned	$	532,025	$	-	$	-	$	532,025	
Total Fund Balances	$	532,025	$	846,519	$	63,303	$	1,441,847	
									
Total Liabilities & Fund Balance	$	541,553	$	846,519	$	63,303	$	1,451,375	

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

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

Revenues:		
Assessments - Tax Roll	$	531,702	$	521,249	$	521,249	$	-	
Interest	$	-	$	-	$	3,533	$	3,533	
Other Income	$	-	$	-	$	30	$	30	
Total Revenues	$	531,702	$	521,249	$	524,811	$	3,563	

Expenditures:					
General & Administrative:					
Supervisor Fees	$	12,000	$	6,000	$	2,800	$	3,200	
FICA Expense	$	918	$	459	$	214	$	245	
Engineering Fees	$	10,000	$	5,000	$	2,563	$	2,438	
Dissemination Agent	$	7,030	$	3,515	$	3,515	$	-	
Attorney Fees	$	25,000	$	12,500	$	8,908	$	3,592	
Assessment Administration	$	5,408	$	5,408	$	5,408	$	(1)	
Annual Audit	$	5,000	$	3,400	$	3,400	$	-	
Trustee Fees	$	8,514	$	8,502	$	8,502	$	-	
Management Fees	$	46,350	$	23,175	$	23,175	$	-	
Information Technology	$	1,947	$	973	$	974	$	(0)	
Website Maintenance	$	1,298	$	649	$	649	$	(0)	
Postage & Delivery	$	1,300	$	650	$	230	$	420	
Printing & Binding	$	400	$	200	$	23	$	177	
Insurance	$	8,390	$	8,390	$	7,734	$	656	
Legal Advertising	$	5,300	$	2,650	$	2,154	$	496	
Contingency	$	2,800	$	1,400	$	525	$	875	
Office Supplies	$	100	$	50	$	2	$	48	
Dues, Licenses & Fees	$	175	$	175	$	175	$	-	
Total General & Administrative:	$	141,929	$	83,096	$	70,950	$	12,146	

General Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending March 31, 2026

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

Operation and Maintenance		
Field Expenses
Field Management		

$	8,598	

$	4,299	

$	4,299	

$	-	
Electric		$	9,490	$	4,745	$	3,845	$	900	
Streetlights		$	30,418	$	15,209	$	10,999	$	4,210	
Property Insurance		$	5,824	$	5,824	$	4,554	$	1,270	
Landscape Maintenance		$	60,626	$	30,313	$	29,430	$	883	
Landscape Replacement & Enhancement		$	20,000	$	10,000	$	11,655	$	(1,655)	
Irrigation Repairs		$	5,500	$	2,750	$	445	$	2,305	
General Field Repairs & Maintenance		$	20,000	$	10,000	$	1,571	$	8,429	
Contingency		$	9,700	$	4,850	$	685	$	4,165	
	Subtotal	$	170,155	$	87,989	$	67,483	$	20,507	

Amenity Expenses
Inter-Governmental Expense		

$	78,374	

$	-	

$	-	

$	-	
Trash Collections		$	2,793	$	1,397	$	1,397	$	-	
Pest Control		$	960	$	480	$	267	$	213	
Amenity Repairs & Maintenance		$	-	$	-	$	344	$	(344)	
	Subtotal	$	82,127	$	1,877	$	2,007	$	(131)	
						
Total O&M Expenses:		$	252,282	$	89,866	$	69,490	$	20,376	
						
Total Expenditures		$	394,212	$	172,962	$	140,440	$	32,522	

Other Financing Sources/Uses:						
Capital Reserve		$	(137,490)	$	-	$	-	$	-	
Total Other Financing Sources/Uses		$	(137,490)	$	-	$	-	$	-	
						
Excess Revenues (Expenditures)		$	0		$	384,371		
						
Fund Balance - Beginning		$	-		$	147,654		

Fund Balance - Ending	$	-	$	532,025

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

Revenues:		
Assessments - Tax Roll	$	258,211	$	253,135	$	253,135	$	-	
Interest	$	6,000	$	3,000	$	5,954	$	2,954	
Total Revenues	$	264,211	$	256,135	$	259,089	$	2,954	

Expenditures:					
Interest Expense 11/1	$	81,086	$	81,086	$	81,086	$	-	
Principal Expense - 5/1	$	85,000	$	-	$	-	$	-	
Interest Expense - 5/1	$	81,086	$	-	$	-	$	-	
Total Expenditures	$	247,171	$	81,086	$	81,086	$	-	
					
Excess Revenues (Expenditures)	$	17,040		$	178,004		
					
Fund Balance - Beginning	$	188,352		$	312,448		
					
Fund Balance - Ending	$	205,392		$	490,452		

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

Revenues:		
Assessments - Tax Roll	$	209,762	$	205,638	$	205,638	$	-	
Interest	$	5,000	$	2,500	$	4,529	$	2,029	
Total Revenues	$	214,762	$	208,138	$	210,167	$	2,029	

Expenditures:					
Interest Expense 11/1	$	76,700	$	76,700	$	76,700	$	-	
Principal Expense 11/1	$	55,000	$	55,000	$	55,000	$	-	
Interest Expense 5/1	$	75,394	$	-	$	-	$	-	
Total Expenditures	$	207,094	$	131,700	$	131,700	$	-	
					
Excess Revenues (Expenditures)	$	7,668		$	78,467		
					
Fund Balance - Beginning	$	170,966		$	277,600		
					
Fund Balance - Ending	$	178,634		$	356,067		

Revenues:

Interest	

$	-	

$	-	

$	34	

$	34	
Total Revenues	$	-	$	-	$	34	$	34	

Expenditures:

Reserve Study	

$	5,000	

$	6,150	

$	6,150	

$	-	
Total Expenditures	$	5,000	$	6,150	$	6,150	$	-	

Other Financing Sources:

Transfer In/(Out)	

$	137,490	

$	-	

$	-	

$	-	
Total Other Financing Sources (Uses)	$	137,490	$	-	$	-	$	-	
					
Excess Revenues (Expenditures)	$	132,490		$	(6,116)		
					
Fund Balance - Beginning	$	69,413		$	69,418		
					
Fund Balance - Ending	$	201,904		$	63,303		

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

Revenues:															
Assessments - Tax Roll	$	-  $	9,239  $	503,387  $	7,191  $	-  $	1,431  $	-  $	-  $	-  $	-  $	-  $	-  $	521,249	
Interest	$	238  $	224  $	225  $	808  $	987  $	1,052  $	-  $	-  $	-  $	-  $	-  $	-  $	3,533	
Other Income	$	-  $	30  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	30	
Total Revenues	$	238  $	9,493  $	503,612  $	7,999  $	987  $	2,483  $	-  $	-  $	-  $	-  $	-  $	-  $	524,811	

Expenditures:															
General & Administrative:															
Supervisor Fees	$	600  $	200  $	800  $	600  $	-  $	600  $	-  $	-  $	-  $	-  $	-  $	-  $	2,800	
FICA Expense	$	46  $	15  $	61  $	46  $	-  $	46  $	-  $	-  $	-  $	-  $	-  $	-  $	214	
Engineering Fees	$	850  $	-  $	438  $	525  $	500  $	250  $	-  $	-  $	-  $	-  $	-  $	-  $	2,563	
Dissemination Agent	$	586  $	586  $	586  $	586  $	586  $	586  $	-  $	-  $	-  $	-  $	-  $	-  $	3,515	
Attorney Fees	$	2,054  $	771  $	2,837  $	2,126  $	797  $	324  $	-  $	-  $	-  $	-  $	-  $	-  $	8,908	
Assessment Administration	$	5,408  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	5,408	
Annual Audit	$	-  $	2,500  $	900  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	3,400	
Trustee Fees	$	-  $	4,068  $	-  $	-  $	4,434  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	8,502	
Management Fees	$	3,863  $	3,863  $	3,863  $	3,863  $	3,863  $	3,863  $	-  $	-  $	-  $	-  $	-  $	-  $	23,175	
Information Technology	$	162  $	162  $	162  $	162  $	162  $	162  $	-  $	-  $	-  $	-  $	-  $	-  $	974	
Website Maintenance	$	108  $	108  $	108  $	108  $	108  $	108  $	-  $	-  $	-  $	-  $	-  $	-  $	649	
Postage & Delivery	$	7  $	12  $	3  $	189  $	16  $	4  $	-  $	-  $	-  $	-  $	-  $	-  $	230	
Printing & Binding	$	-  $	12  $	-  $	-  $	9  $	2  $	-  $	-  $	-  $	-  $	-  $	-  $	23	
Insurance	$	7,734  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	7,734	
Legal Advertising	$	275  $	1,529  $	350  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	2,154	
Contingency	$	5  $	13  $	37  $	389  $	42  $	40  $	-  $	-  $	-  $	-  $	-  $	-  $	525	
Office Supplies	$	0  $	1  $	0  $	0  $	1  $	0  $	-  $	-  $	-  $	-  $	-  $	-  $	2	
Dues, Licenses & Fees	$	175  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	175	
Total General & Administrative:	$	21,873  $	13,839  $	10,144  $	8,594  $	10,517  $	5,984  $	-  $	-  $	-  $	-  $	-  $	-  $	70,950	

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

Operation and Maintenance

Field Expenses Field Management Electric
Streetlights Property Insurance
Landscape Maintenance Landscape Replacement Irrigation Repairs
General Repairs & Maintenance Contingency

$
$
$
$
$
$
$
$
$
Subtotal $

717  $
731  $
1,856  $
4,554  $
4,905  $
-  $
91  $
1,296  $
-  $
14,148  $

717  $
598  $
1,856  $
-  $
4,905  $
-  $
124  $
-  $
5  $
8,204  $

717  $
730  $
1,856  $
-  $
4,905  $
-  $
-  $
275  $
680  $
9,162  $

717  $
663  $
1,882  $
-  $
4,905  $
-  $
-  $
-  $
-  $
8,166  $

717  $
566  $
1,775  $
-  $
4,905  $
11,655  $
116  $
-  $
-  $
19,734  $

717  $
557  $
1,775  $
-  $
4,905  $
-  $
114  $
-  $
-  $
8,068  $

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

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

-  $	4,299
-  $	3,845
-  $	10,999
-  $	4,554
-  $	29,430
-  $	11,655
-  $	445
-  $	1,571
-  $	685
-  $	67,483

Amenity Expenses
Inter-Governmental Expense Amenity Repairs & Maintenance Trash Collection
Pest Control

$
$
$
$
Subtotal $

-  $
-  $
233  $
-  $
233  $

-  $
-  $
233  $
-  $
233  $

-  $
-  $
233  $
-  $
233  $

-  $
344  $
233  $
157  $
733  $

-  $
-  $
233  $
60  $
293  $

-  $
-  $
233  $
50  $
283  $

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

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

-  $	-
-  $	344
-  $	1,397
-  $	267
-  $	2,007

Total O&M Expenses:	$	14,381  $	8,437  $	9,394  $	8,900  $	20,027  $	8,351  $	-  $	-  $	-  $	-  $	-  $	-  $	69,490

Total Expenditures	$	36,254  $	22,277  $	19,538  $	17,493  $	30,544  $	14,335  $	-  $	-  $	-  $	-  $	-  $	-  $  140,440

Other Financing Sources/Uses:

Transfer In/(Out)

$	-  $	-  $

-  $	-  $	-  $	-  $

-  $	-  $	-  $

-  $	-  $

-  $	-

Total Other Financing Sources/Uses	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-

Excess Revenues (Expenditures)	$	(36,016)  $	(12,784)  $	484,073  $	(9,494)  $	(29,557)  $	(11,852)  $	-  $	-  $	-  $	-  $	-  $	-  $  384,371

North Boulevard
Community Development District Long Term Debt Report

Series 2017, Special Assessment Revenue Bonds

Interest Rate:	3.500%, 4.100%, 4.625%, 5.000%
Maturity Date:	5/1/2048
Reserve Fund Definition	50% of Maximum Annual Debt Service Reserve Fund Requirement		$123,875
Reserve Fund Balance	$123,875

Bonds Outstanding - 10/16/2017	$4,965,000
Less: Special Call Payment - 05/01/2018	($300,000)
Less: Special Call Payment - 07/23/2018	($560,000)
Less: Principal Payment - 05/01/2019	($265,000)
Less: Principal Payment - 05/01/2020	($70,000)
Less: Principal Payment - 05/01/2021	($70,000)
Less: Special Call Payment - 11/01/2021	($5,000)
Less: Principal Payment - 05/01/2022	($80,000)
Less: Principal Payment - 11/01/2022	($5,000)
Less: Principal Payment - 05/01/2023	($75,000)
Less: Principal Payment - 05/01/2024	($75,000)
Less: Principal Payment - 05/01/2025	($80,000)	
Current Bonds Outstanding	$3,380,000	

Series 2019, Special Assessment Revenue Bonds

Interest Rate:	4.250%, 4.750%, 5.500%, 5.625%
Maturity Date:	11/1/2049
Reserve Fund Definition	50% of Maximum Annual Debt Service Reserve Fund Requirement		$105,956
Reserve Fund Balance	$105,956

Bonds Outstanding - 11/01/2020	$4,335,000
Less: Special Call Payment - 02/01/20	($605,000)
Less: Special Call Payment - 08/01/20	($325,000)
Less: Special Call Payment - 11/01/20	($170,000)
Less: Special Call Payment - 02/01/21	($155,000)
Less: Principal Payment - 05/01/21	($55,000)
Less: Special Call Payment - 08/01/21	($5,000)
Less: Principal Payment - 11/01/21	($65,000)
Less: Principal Payment - 11/01/22	($55,000)
Less: Principal Payment - 11/01/23	($50,000)
Less: Principal Payment - 11/01/24	($55,000)
Less: Principal Payment - 11/01/25	($55,000)	
Current Bonds Outstanding	$2,740,000	

North Boulevard CDD
COMMUNITY DEVELOPMENT DISTRICT
Special Assessment Receipts Fiscal Year 2026

ON ROLL ASSESSMENTS

Gross Assessments	$  571,721.08	$	277,646.12	$	225,550.48	$	
Net Assessments	$  531,700.60	$	258,210.89	$	209,761.95	$	
	53.19%	25.83%	20.98%		

1,074,917.68
999,673.44

100.00%

Date	
Distribution	
Gross Amount	
Discount/Penalty	
Commission	
Interest	
Property Appraiser	
Net Receipts	
General Fund	2017 Debt Service	2019 Debt Service	
Total	

11/10/25	
10/20/25-10/21/25	
$4,725.95	
($253.18)	
($89.46)	
$0.00	
$0.00	
$4,383.31	
$2,331.37	
$1,132.19	
$919.75	
$4,383.31	
11/14/25	10/01/25-10/31/25	$2,773.48	($110.92)	($53.25)	$0.00	$0.00	$2,609.31	$1,387.82	$673.98	$547.51	$2,609.31	
11/21/25	11/01/25-11/07/25	$8,162.92	($326.52)	($156.73)	$0.00	$0.00	$7,679.67	$4,084.62	$1,983.62	$1,611.43	$7,679.67	
11/26/25	11/08/25-11/15/25	$2,868.68	($114.74)	($55.08)	$0.00	$0.00	$2,698.86	$1,435.45	$697.11	$566.30	$2,698.86	
12/08/25	11/16/25-11/25/25	$43,879.00	($1,755.17)	($842.48)	$0.00	$0.00	$41,281.35	$21,956.49	$10,662.78	$8,662.08	$41,281.35	
12/19/25	11/26/25-11/30/25	$967,261.28	($38,690.09)	($18,571.42)	$0.00	$0.00	$909,999.77	$484,005.48	$235,048.61	$190,945.68	$909,999.77	
12/19/25	Inv# 4652261	$0.00	$0.00	$0.00	$0.00	($5,031.97)	($5,031.97)	($2,676.38)	($1,299.73)	($1,055.86)	($5,031.97)	
12/19/25	Inv# 4652262	$0.00	$0.00	$0.00	$0.00	($5,717.21)	($5,717.21)	($3,040.84)	($1,476.73)	($1,199.64)	($5,717.21)	
12/31/25	12/01/25-12/15/25	$6,242.80	($215.01)	($120.56)	$0.00	$0.00	$5,907.23	$3,141.90	$1,525.81	$1,239.52	$5,907.23	
01/09/26	12/16/25-12/31/25	$12,337.53	($370.14)	($239.35)	$0.00	$0.00	$11,728.04	$6,237.84	$3,029.30	$2,460.90	$11,728.04	
01/29/26	10/01/25-12/31/25	$0.00	$0.00	$0.00	$1,792.84	$0.00	$1,792.84	$953.57	$463.08	$376.19	$1,792.84	
03/13/26	02/01/26-02/28/26	$2,745.74	$0.00	($54.91)	$0.00	$0.00	$2,690.83	$1,431.18	$695.03	$564.62	$2,690.83	
	TOTAL	$	1,050,997.38	$	(41,835.77)	$	(20,183.24)	$	1,792.84	$	(10,749.18) $	980,022.03	$  521,248.50	$	253,135.05	$	205,638.48	$	980,022.03	

98%
$	19,651.41

Net Percent Collected Balance Remaining to Collect

Section 3

May 4, 2026

Monica Virgen – Recording Secretary North Boulevard CDD
219 E. Livingston St.
Orlando, FL 32801

RE: North Boulevard Community Development District Registered Voters

Dear Ms. Virgen,
In response to your request, there are currently 533 voters within the North Boulevard Community Development District as of April 15, 2026.

Please do not hesitate to contact us if we can be of further assistance.

Sincerely,

Melony M. Bell Supervisor of Elections Polk County, Florida