Palm Glades	
Community Development District	

Unaudited Financial Reporting	
May 31, 2026	

Table of Contents

1-2

3-5

6

7

8

9

10

11

12

13

14-16

17-19

20-21

	Balance Sheet

	General Fund

	Capital Reserve Fund

	Debt Service Fund Series 2016

	Debt Service Fund Series 2017

	Debt Service Fund Series 2018A1&A2

	Debt Service Fund Series 2020

	Debt Service Fund Series 2021

	Capital Project Fund Series 2018

	Capital Project Fund Series 2021

	Month to Month

	Long Term Debt Report

	Assessment Receipt Schedule

Palm Glades	
Community Development District	
Combined Balance Sheet	
May 31, 2026	

Assets:	
Cash:	
Operating Account	
Capital Reserve	
Clubhouse Receivable	
Assessments Receivable	
Due From General Fund - S2016	
Due From General Fund - S2017A	
Due From General Fund - S2018	
Due From General Fund - S2020	
Due From General Fund - S2021	

	
$	31,387	
-	
4,516	
1,163	
-	
-	
-	
-	
-	

	
$	-	
-	
-	
-	
3,059	
1,818	
2,036	
127	
77	

	
$	-	
3,176	
-	
-	
-	
-	
-	
-	
-	

	
$	-	
-	
-	
-	
-	
-	
-	
-	
-	

	
$	31,387	
3,176	
4,516	
1,163	
3,059	
1,818	
2,036	
127	
77	

Investments:	
State Board of Administration (SBA)	

Series 2016	
Reserve	
Revenue	
Interest	
Sinking	
Principal	
Series 2017	
Reserve	
Revenue	
Interest	
Sinking	
Series 2018A1	
Reserve	
Interest	
Revenue	
Principal	
Series 2018A2	
Reserve	
Interest	
Principal	
Sinking	
Acq. & Construction - Series 2018A1	
Series 2020	
Reserve	
Interest	
Revenue	
Sinking	
Series 2021	
Reserve	
Interest	
Revenue	
Sinking	
Acq. & Construction - Series 2021	
Deposits	

1,166,190	-	604,600	-	1,770,790

-	
-	
-	
-	
-	

-	
-	
-	
-	
-	

-	
-	
-	
-	
-	

558,041	
671,498	
15	
56	
72	

558,041
671,498
15
56
72

-	
-	
-	
-	

-	
-	
-	
-	

-	
-	
-	
-	

125,827	
301,784	
18	
37	

125,827
301,784
18
37

-	
-	
-	
-	

-	
-	
-	
-	

-	
-	
-	
-	

338,349	
16	
651,049	
6	
-	
32,396	
4	
72	
13	
2,963	

338,349
16
651,049

32,396	
4	
72	
13	
-	

-	
-	
-	
-	
-	

-	
-	
-	
-	
2,963	

6

-	
-	
-	

-

-	
-	
-	
-	

30,114	
2	
35,245	
2	

-	
-	
-	
-	

-	
-	
-	
-	

30,114	
2	
35,245	
2	

-	
-	
-	
-	
-	
6,874	

3,543	
3	
37,932	
4	
-	
-	

-	
-	
-	
-	
-	
-	

-	
-	
-	
-	
92	
-	

3,543	
3	
37,932	
4	
92	
6,874	

Total Assets	$ 1,210,130	$ 2,793,213	$	607,776	$	3,055	$	4,614,174	

Liabilities:	
Accounts Payable	
Due to DS - Series 2016	
Due to DS - Series 2017A	
Due to DS - Series 2018	
Due to DS - Series 2020	
Due to DS - Series 2021	

$	46,668	
3,059	
1,818	
2,036	
127	
77	

-	
-	
-	
-	
-	
-	

$	-	
-	
-	
-	
-	
-	

$	46,668	
3,059	
1,818	
2,036	
127	
77	

$	-
-
-
-
-
-

Total Liabilities	$	53,785	$	-	$	-	$	-	$	53,785	

Fund Balance:	
Nonspendable:	
Deposits	
Restricted for:	
Debt Service	
Capital Project	
Assigned for:	
Capital Reserve Fund	
Unassigned	

$	6,874	$

-
-

-	
1,149,471	

-	$	-	$	-	$

2,793,213	
-	

-	
-	

-	
3,055	

607,776	
-	

-	
-	

-
-

6,874

2,793,213	
3,055	

607,776	
1,149,471	

Palm Glades	
Community Development District	
Combined Balance Sheet	
May 31, 2026	

Total Fund Balances	$ 1,156,345	$ 2,793,213	$	607,776	$	3,055	$	4,560,389	

Total Liabilities & Fund Balance	$  1,210,130	$  2,793,213	$	607,776	$	3,055	$	4,614,174	

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

Revenues:		
Special Assessments - Tax Roll	$	2,585,061	
Interest Income	42,500	
Guess Passes	-	
Party Rental Fees	13,000	
Non-Residential Memberships	-	
Key Card/Replacements	-	
Landscape Replacement Damage	-	
Resident Events	-	

	
$  2,585,061	
28,333	
-	
8,667	
-	
-	
-	
-	

	
$  2,559,380	
34,881	
260	
9,685	
12,420	
1,290	
2,787	
200	

	
$	(25,681)	
6,547	
260	
1,018	
12,420	
1,290	
2,787	
200	

Total Revenues	$  2,640,561	$ 2,622,061	$2,621,688	$	(373)	
Expenditures:					
General & Administrative:					
Supervisor Fees	$	12,000	$	8,000	$	7,400	$	600	
PR-FICA	918	612	566	46	
Engineering	10,000	6,667	24,245	(17,578)	
Attorney	45,000	30,000	34,364	(4,364)	
Annual Audit	7,300	4,900	4,900	-	
Assessment Administration	2,000	2,000	2,000	-	
Arbitrage Rebate	2,400	-	-	-	
Dissemination Agent	2,750	1,833	1,833	(0)	
Trustee Fees	24,000	24,000	24,000	-	
Management Fees	55,702	37,135	37,135	(0)	
Website Maintenance	3,300	2,200	2,200	-	
Telephone	100	67	-	67	
Postage & Delivery	1,000	667	766	(99)	
Insurance General Liability	11,530	11,530	11,568	(38)	
Printing & Binding	2,170	1,447	167	1,280	
Legal Advertising	2,600	1,733	4,423	(2,690)	
Other Current Charges	1,050	700	582	118	
Office Supplies	260	173	10	163	
Dues, Licenses & Subscriptions	175	175	175	-	
Capital Outlay	250	167	-	167	
Total General & Administrative	$	184,505	$	134,005	$	156,333	$	(22,328)	

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

Operations & Maintenance

Field Expenditures		
Landscape Maintenance	$	200,435	
Porter Service	79,560	
Mulch	65,050	
Tree Trimming & Palm Pruning	39,000	
Landscape Fertilization and Pest Control	43,870	
Annuals	15,000	
Plants Replacement	50,000	
Irrigation System	23,940	
Irrigation Repairs	30,000	
Electricity	40,000	
Refuse	18,500	
Entrance Maintenance & Repairs	29,000	
Janitorial Supplies	4,200	
Lake Maintenance	13,500	
Lake Debris Removal	3,600	
Cleaning of Drainage System	22,000	
Pressure Cleaning - Sidewalk	20,000	
Field Management	25,054	
Security Services	661,128	
Holiday Decorations	45,000	
Sidewalk Repairs	50,000	
Contingency	60,000	
Capital Reserves	157,325	

$	133,623	
53,040	
65,050	
34,045	
29,247	
10,000	
33,333	
15,960	
20,000	
26,667	
12,333	
19,333	
2,800	
9,000	
2,400	
14,667	
20,000	
16,702	
440,752	
39,865	
50,000	
60,000	
157,325	

$  127,260.0	
53,703	
67,979	
34,045	
29,039	
9,400	
42,367	
15,200	
22,835	
25,984	
13,943	
10,265	
-	
6,070	
-	
5,500	
20,650	
16,703	
362,465	
39,865	
51,150	
83,350	
157,325	

$	6,363	
(663)	
(2,929)	
-	
208	
600	
(9,033)	
760	
(2,835)	
682	
(1,609)	
9,068	
2,800	
2,930	
2,400	
9,167	
(650)	
(0)	
78,287	
-	
(1,150)	
(23,350)	
-	

Subtotal Field Expenditures	$  1,696,162	$ 1,266,143	$ 1,195,096	$	71,046	

Clubhouse Expenditures		
Access Control (cards, systems, cameras maint.)	$	5,000	
Air Conditioning Maintenance	7,000	
Basketball Court Repairs and Maintenance	10,000	
Cable & Internet Service	5,000	
IT Services	2,500	
Circuit Training Equipment Maintenance	6,350	
Sauna Equipment Maintenance	3,500	
Electricity	51,000	
Fire Alarm & Building Alarm Monitoring	8,000	
Gazebo and Trellis Repairs and Maintenance	11,000	
Holiday Decorations	14,100	
Insurance	69,300	
Flood Insurance	14,000	
Irrigation Repairs and Maintenance	5,000	
Janitorial	72,000	
Janitorial Supplies	5,200	
Landscape Maintenance	30,540	
Landscape Replacement (Includes Mulching)	26,176	
Management Fees	260,000	
Office Equipment Maintenance	9,000	
Office Supplies/Clubhouse Supplies	18,000	
Pest Control - Exterior	8,300	

$	3,333	
4,667	
6,667	
3,333	
1,667	
4,233	
2,333	
34,000	
5,333	
7,333	
11,395	
63,194	
12,515	
3,333	
48,000	
3,467	
20,360	
26,176	
173,333	
6,000	
12,000	
5,533	

$	4,744	
2,990	
7,950	
3,503	
1,876	
4,846	
225	
30,219	
2,772	
-	
11,395	
63,194	
12,515	
-	
48,200	
2,140	
15,680	
50,390	
175,041	
-	
16,379	
734	

$	(1,410)	
1,677	
(1,283)	
(169)	
(209)	
(612)	
2,108	
3,781	
2,562	
7,333	
-	
-	
-	
3,333	
(200)	
1,327	
4,680	
(24,214)	
(1,708)	
6,000	
(4,379)	
4,800	

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

Clubhouse Expenditures (continued)		
Pest Control - Interior	$	3,500	
Pool, Spa and Waterpark Maintenance	45,000	
Pool, Spa and Waterpark Repairs	32,500	
Printing & Postage	2,400	
Property Taxes	500	
Repairs/Maintenance & Supplies (General)	50,000	
Residential Social Expenses	70,000	
Security	76,545	
Telephone	900	
Trash Collection/Recycling	6,500	
Water & Sewer	8,000	
Window Cleaning/Pressure Cleaning	4,000	
Contingency	31,783	

	
$	2,333	
30,000	
32,500	
1,600	
333	
33,333	
46,667	
51,030	
600	
4,333	
5,333	
2,667	
31,783	

	
$	1,304	
30,320	
78,678	
-	
793	
19,095	
58,545	
61,783	
814	
-	
5,351	
-	
86,529	

	
1,029	
(320)	
(46,178)	
1,600	
(460)	
14,239	
(11,879)	
(10,753)	
(214)	
4,333	
2,169	
2,667	
(54,746)	

Subtotal Clubhouse Expenditures	$	972,594	$	700,720	$	798,004	$	(95,097)	

Total Operations & Maintenance	$  2,668,756	$ 1,966,862	$ 1,993,101	$	(24,051)	

Total Expenditures	$  2,853,261	$ 2,100,867	$ 2,149,434	$	(46,379)	

Excess (Deficiency) of Revenues over Expenditures	$	(212,700)	$	521,194	$	472,254	$	(46,753)	

Net Change in Fund Balance	$	(212,700)	$	521,194	$	472,254	$	(46,753)	
	
Fund Balance - Beginning	$	212,700		$	684,091		
	
Fund Balance - Ending	$	0		$  1,156,345		

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

Adopted	Prorated Budget	Actual	
Budget	Thru 05/31/26	Thru 05/31/26	Variance	

Revenues		
Capital Reserve Contributions	$	157,325	
Interest Income	5,000	

$	157,325	
5,000	

$	157,325	
14,176	

$	-	
9,176	

Total Revenues	$	162,325	$	162,325	$	171,501	$	9,176	
Expenditures:		
Capital Outlay	$	-	$	-	$	44,500	$	(44,500)	
Bank Charges	500	500	543	(43)	
Total Expenditures	$	500	$	500	$	45,043	$	(44,543)	

Excess (Deficiency) of Revenues over Expenditures	$	161,825	$	126,458	

Net Change in Fund Balance	$	161,825	$	-	$	126,458	$	(44,543)	
				
Fund Balance - Beginning	$	476,787		$	481,318	
				
Fund Balance - Ending	$	638,612		$	607,776	

Palm Glades	
Community Development District	
Debt Service Fund Series 2016	
Statement of Revenues, Expenditures, and Changes in Fund Balance	
For The Period Ending May 31, 2026	

Adopted	Prorated Budget	Actual	
Budget	Thru 05/31/26	Thru 05/31/26	Variance	

Revenues:		
Special Assessments - Tax Roll	$  899,599	
Interest Income	15,000	

$	899,599	
15,000	

$  888,383	
37,708	

$	(11,216)	
22,708	

Total Revenues	$  914,599	$	914,599	$  926,091	$	11,492	
Expenditures:		
Interest Expense - 11/1	$  152,081	$	152,081	$  152,081	$	-	
Principal Expense - 5/1	580,000	580,000	580,000	-	
Interest Expense - 5/1	152,081	152,081	152,081	-	
Total Expenditures	$  884,163	$	884,163	$  884,163	$	-	

Excess (Deficiency) of Revenues over Expenditures	$	30,436	$	30,436	$	41,928	$	11,492	

Net Change in Fund Balance	$	30,436	$	30,436	$	41,928	$	11,492	
		
Fund Balance - Beginning	$  685,776	$ 1,190,813	
		
Fund Balance - Ending	$  716,212	$ 1,232,741	

Palm Glades	
Community Development District	
Debt Service Fund Series 2017	
Statement of Revenues, Expenditures, and Changes in Fund Balance	
For The Period Ending May 31, 2026	

Revenues:		
Special Assessments - Tax Roll	$  727,253	
Interest Income	10,000	

	
$	727,253	
10,000	

	
$  721,849	
16,037	

	
$	(5,404)	
6,037	

Total Revenues	$  737,253	$	737,253	$  737,886	$	633	
Expenditures:		
Interest Expense - 11/1	$  179,050	$	179,050	$  179,050	$	-	
Principal Expense - 5/1	375,000	375,000	375,000	-	
Interest Expense - 5/1	179,050	179,050	179,050	-	
Total Expenditures	$  733,100	$	733,100	$  733,100	$	-	

Excess (Deficiency) of Revenues over Expenditures	$	4,153	$	4,153	$	4,786	$	633	

Net Change in Fund Balance	$	4,153	$	4,153	$	4,786	$	633	
		
Fund Balance - Beginning	$  278,235	$  424,698	
		
Fund Balance - Ending	$  282,388	$  429,484	

Palm Glades	
Community Development District	
Debt Service Fund Series 2018A-1 & A-2	
Statement of Revenues, Expenditures, and Changes in Fund Balance	
For The Period Ending May 31, 2026	

Revenues:		
Special Assessments - Tax Roll	$  682,304	
Interest Income	20,000	

	
$	682,304	
20,000	

	
$  675,388	
24,674	

	
$	(6,916)	
4,674	

Total Revenues	$  702,304	$	702,304	$  700,062	$	(2,242)	
Expenditures:		
Series 2018A1		
Interest Expense - 11/1	$  167,945	$	167,945	$  167,945	$	-	
Principal Expense - 11/1	215,000	215,000	215,000	-	
Interest Expense - 5/1	164,183	164,183	164,183	-	

Series 2018A2		
Interest Expense - 11/1	43,434	43,434	43,434	-	
Principal Expense - 11/1	40,000	40,000	40,000	-	
Interest Expense - 5/1	42,534	42,534	42,534	-	
Total Expenditures	$  673,096	$	673,096	$  673,096	$	-	

Excess (Deficiency) of Revenues over Expenditures	$	29,208	$	29,208	$	26,966	$	(2,242)	

Net Change in Fund Balance	$	29,208	$	29,208	$	26,966	$	(2,242)	
		
Fund Balance - Beginning	$  634,459	$  996,975	
		
Fund Balance - Ending	$  663,667	$ 1,023,941	

Palm Glades	
Community Development District	
Debt Service Fund Series 2020	
Statement of Revenues, Expenditures, and Changes in Fund Balance	
For The Period Ending May 31, 2026	

Revenues:		
Special Assessments - Tax Roll	$	51,000	
Interest Income	1,000	

	
$	51,000	
1,000	

	
$	50,621	
1,920	

	
$	(379)	
920	

Total Revenues	$	52,000	$	52,000	$	52,541	$	541	

Expenditures:		
Interest Expense - 11/1	$	15,300	$	15,300	$	15,300	$	-	
Principal Expense - 5/1	20,000	20,000	20,000	-	
Interest Expense - 5/1	15,300	15,300	15,300	-	
Total Expenditures	$	50,600	$	50,600	$	50,600	$	-	

Excess (Deficiency) of Revenues over Expenditures	$	1,400	$	1,400	$	1,941	$	541	

Net Change in Fund Balance	$	1,400	$	1,400	$	1,941	$	541	
		
Fund Balance - Beginning	$	34,884	$	63,548	
		
Fund Balance - Ending	$	36,284	$	65,489	

Palm Glades	
Community Development District	
Debt Service Fund Series 2021	
Statement of Revenues, Expenditures, and Changes in Fund Balance	
For The Period Ending May 31, 2026	

Revenues:		
Special Assessments - Tax Roll	$	30,769	
Interest Income	500	

	
$	30,769	
500	

	
$	30,540	
871	

	
$	(229)	
371	

Total Revenues	$	31,269	$	31,269	$	31,411	$	142	

Expenditures:		
Interest Expense - 12/15	$	8,836	$	8,836	$	8,836	$	-	
Principal Expense - 12/15	13,000	13,000	13,000	-	
Interest Expense - 6/15	8,693	-	-	-	
Total Expenditures	$	30,530	$	21,836	$	21,836	$	-	

Excess (Deficiency) of Revenues over Expenditures	$	739	$	9,433	$	9,575	$	142	

Net Change in Fund Balance	$	739	$	9,433	$	9,575	$	142	
		
Fund Balance - Beginning	$	28,487	$	31,983	
		
Fund Balance - Ending	$	29,226	$	41,558	

Palm Glades	
Community Development District	
Capital Projects Fund Series 2018A-1 & A-2	
Statement of Revenues, Expenditures, and Changes in Fund Balance	
For The Period Ending May 31, 2026	

Revenues		
Interest Income	$	-	

$	-	$	72	$	72

Total Revenues	$	-	$	-	$	72	$	72	
Expenditures:		
Capital Outlay	$	-	$	-	$	-	$	-	
Total Expenditures	$	-	$	-	$	-	$	-	

Excess (Deficiency) of Revenues over Expenditures	$	-	$	-	$	72	$	72	

Net Change in Fund Balance	$	-	$	72	
		
Fund Balance - Beginning	$	-	$	2,891	
		
Fund Balance - Ending	$	-	$	2,963	

Palm Glades	
Community Development District	
Capital Projects Fund Series 2021	
Statement of Revenues, Expenditures, and Changes in Fund Balance	
For The Period Ending May 31, 2026	

Revenues		
Interest Income	$	-	

$	-	$	2	$	2

Total Revenues	$	-	$	-	$	2	$	2	
Expenditures:		
Capital Outlay	$	-	$	-	$	-	$	-	
Total Expenditures	$	-	$	-	$	-	$	-	

Excess (Deficiency) of Revenues over Expenditures	$	-	$	-	$	2	$	2	

Net Change in Fund Balance	$	-	$	2	
		
Fund Balance - Beginning	$	-	$	90	
		
Fund Balance - Ending	$	-	$	92	

Palm Glades	
Community Development District	
Month to Month	

Revenues:														
Special Assessments - Tax Roll	$	-	$  205,808	$ 2,198,701	$	41,964	$	25,026	$	17,757	$	62,433	$	7,691	$	-	$	-	$	-	$	-	$	2,559,380	
Interest Income	2,091	1,574	2,992	7,208	6,211	5,698	4,849	4,257	-	-	-	-	34,881	
Guess Passes	50	-	-	-	-	50	130	30	-	-	-	-	260	
Party Rental Fees	695	-	-	2,525	-	3,340	395	2,730	-	-	-	-	9,685	
Non-Residential Memberships	8,280	1,380	-	-	-	-	1,380	1,380	-	-	-	-	12,420	
Miscellaneous	-	-	-	-	-	-	785	-	-	-	-	-	785	
Key Card/Replacements	170	90	-	230	120	100	310	270	-	-	-	-	1,290	
Landscape Replacement Damage	-	393	-	-	-	300	932	1,163	-	-	-	-	2,787	
Resident Events	94	-	-	-	-	-	-	106	-	-	-	-	200	

Total Revenues	$  11,380	$ 209,245	$ 2,201,693	$  51,927	$  31,357	$  27,245	$	71,214	$  17,627	$	-	$	-	$	-	$	-	$  2,621,688	
Expenditures:											
General & Administrative:											
Supervisor Fees	$	1,000	$	1,000	$	1,000	$	1,000	$	800	$	800	$	800	$	1,000	$	-	$	-	$	-	$	-	$	7,400	
PR-FICA	77	77	77	77	61	61		61	77	-	-	-	-	566	
Engineering	2,925	17,500	2,200	-	120	-	.		1,500	-	-	-	-	24,245	
Attorney	9,980	4,150	3,163	3,769	4,015	3,693		5,595		-	-	-	-	34,364	
Annual Audit	-	-	-	-	2,000	2,900		-	-	-	-	-	-	4,900	
Assessment Administration	2,000	-	-	-	-	-		-	-	-	-	-	-	2,000	
Arbitrage Rebate	-	-	-	-	-	-		-	-	-	-	-	-	-	
Dissemination Agent	229	229	229	229	229	229		229	229	-	-	-	-	1,833	
Trustee Fees	7,500	-	-	-	-	-		3,500	13,000	-	-	-	-	24,000	
Management Fees	4,642	4,642	4,642	4,642	4,642	4,642		4,642	4,642	-	-	-	-	37,135	
Website Maintenance	275	275	275	275	275	275		275	275	-	-	-	-	2,200	
Telephone	-	-	-	-	-	-		-	-	-	-	-	-	-	
Postage & Delivery	99	59	123	77	25	148		111	123	-	-	-	-	766	
Insurance General Liability	11,568	-	-	-	-	-		-	-	-	-	-	-	11,568	
Printing & Binding	75	66	6	0	3	10		6	1	-	-	-	-	167	
Legal Advertising	-	-	-	-	-	-		-	4,423	-	-	-	-	4,423	
Other Current Charges	109	66	23	-	16	93		105	170	-	-	-	-	582	
Office Supplies	5	5	-	-	-	-		0	-	-	-	-	-	10	
Dues, Licenses & Subscriptions	175	-	-	-	-	-		-	-	-	-	-	-	175	
Total General & Administrative	$  40,659	$  28,068	$	11,737	$  10,068	$  12,187	$  12,851	$	15,324	$  25,440	$	-  $	-  $	-  $	-  $	156,333	

Palm Glades	
Community Development District	
Month to Month	

Operations & Maintenance

Field Expenditures														
Landscape Maintenance	$	15,908	$	15,908	$	15,908	$	15,908	$	15,908	$	15,908	$	15,908	$	15,908	$	-	$	-	$	-	$	-	$	127,260	
Porter Service	5,967	7,956	5,967	5,967	7,956	5,967	5,967	7,956	-	-	-	-	53,703	
Mulch	-	32,040	-	-	3,898	-	32,040	-	-	-	-	-	67,979	
Tree Trimming & Palm Pruning	34,045	-	-	-	-	-	-	-	-	-	-	-	34,045	
Landscape Fertilization and Pest Control	3,630	3,630	3,630	3,630	3,630	3,630	3,630	3,630	-	-	-	-	29,039	
Annuals	-	4,700	-	-	-	-	4,700	-	-	-	-	-	9,400	
Plants Replacement	2,399	13,727	3,002	5,307	16,294	1,400	-	238	-	-	-	-	42,367	
Irrigation System	1,900	1,900	1,900	1,900	1,900	1,900	1,900	1,900	-	-	-	-	15,200	
Irrigation Repairs	3,125	3,165	-	5,160	3,320	3,300	2,330	2,435	-	-	-	-	22,835	
Electricity	3,027	3,037	3,284	3,456	3,482	3,142	3,218	3,338	-	-	-	-	25,984	
Refuse	1,577	1,734	1,760	1,734	1,734	1,734	1,760	1,907	-	-	-	-	13,943	
Entrance Maintenance & Repairs	1,640	-	-	6,750	1,875	-	-	-	-	-	-	-	10,265	
Janitorial Supplies	-	-	-	-	-	-	-	-	-	-	-	-	-	
Lake Maintenance	785	785	750	750	750	750	750	750	-	-	-	-	6,070	
Lake Debris Removal	-	-	-	-	-	-	-	-	-	-	-	-	-	
Cleaning of Drainage System	-	-	-	5,500	-	-	-	-	-	-	-	-	5,500	
Pressure Cleaning - Sidewalk	-	-	20,650	-	-	-	-	-	-	-	-	-	20,650	
Field Management	2,088	2,088	2,088	2,088	2,088	2,088	2,088	2,088	-	-	-	-	16,703	
Security Services	42,099	42,335	65,281	42,257	42,389	42,298	42,677	43,129	-	-	-	-	362,465	
Holiday Decorations	-	-	39,865	-	-	-	-	-	-	-	-	-	39,865	
Sidewalk Repairs	-	-	-	1,950	-	-	23,150	26,050	-	-	-	-	51,150	
Contingency	9,772	1,679	3,910	7,361	43,699	4,397	6,350	6,182	-	-	-	-	83,350	
Capital Reserves	-	-	-	-	157,325	-	-	-	-	-	-	-	157,325	

Subtotal Field Expenditures	$ 127,961	$ 134,685	$  167,994	$ 109,717	$ 306,248	$  86,513	$ 146,468	$ 115,509	$	-	$	-	$	-	$	-	$  1,195,096	

Palm Glades	
Community Development District	
Month to Month	

Clubhouse Expenditures														
Access Control (cards, systems, cameras maint	$	1,133	$	831	$	135	$	135	$	2,105	$	135	$	135	$	135	$	-	$	-	$	-	$	-	$	4,744	
Air Conditioning Maintenance	-	-	-	915	-	-	-	2,075	-	-	-	-	2,990	
Basketball Court Repairs and Maintenance	-	-	7,950	-	-	-	-	-	-	-	-	-	7,950	
Cable & Internet Service	420	420	439	445	445	445	445	443	-	-	-	-	3,503	
IT Services	208	420	208	208	208	208	208	208	-	-	-	-	1,876	
Circuit Training Equipment Maintenance	-	210	1,677	150	1,103	1,496	210	-	-	-	-	-	4,846	
Sauna Equipment Maintenance	-	-	-	-	225	-	-	-	-	-	-	-	225	
Electricity	3,876	3,998	3,706	3,602	2,827	3,722	3,763	4,725	-	-	-	-	30,219	
Fire Alarm & Building Alarm Monitoring	1,080	500	100	100	342	100	100	450	-	-	-	-	2,772	
Gazebo and Trellis Repairs and Maintenance	-	-	-	-	-	-	-	-	-	-	-	-	-	
Holiday Decorations	-	-	11,395	-	-	-	-	-	-	-	-	-	11,395	
Insurance	63,194	-	-	-	-	-	-	-	-	-	-	-	63,194	
Flood Insurance	-	-	-	-	12,515	-	-	-	-	-	-	-	12,515	
Irrigation Repairs and Maintenance	-	-	-	-	-	-	-	-	-	-	-	-	-	
Janitorial	6,200	6,000	6,000	6,000	6,000	6,000	6,000	6,000	-	-	-	-	48,200	
Janitorial Supplies	260	260	375	250	500	250	246	-	-	-	-	-	2,140	
Landscape Maintenance	1,960	1,960	1,960	1,960	1,960	1,960	1,960	1,960	-	-	-	-	15,680	
Landscape Replacement (Includes Mulching)	-	15,782	32,928	-	-	1,680	-	-	-	-	-	-	50,390	
Management Fees	10,272	38,513	23,630	22,426	22,264	20,464	26,484	10,989	-	-	-	-	175,041	
Office Equipment Maintenance	-	-	-	-	-	-	-	-	-	-	-	-	-	
Office Supplies/Clubhouse Supplies	1,474	4,073	1,669	1,816	1,339	1,213	2,227	2,568	-	-	-	-	16,379	
Pest Control - Exterior	90	90	90	93	93	93	93	93	-	-	-	-	734	
Pest Control - Interior	160	160	160	165	165	165	165	165	-	-	-	-	1,304	
Pool, Spa and Waterpark Maintenance	3,790	3,790	3,790	7,580	3,790	-	3,790	3,790	-	-	-	-	30,320	
Pool, Spa and Waterpark Repairs	250	635	-	17,385	32,875	837	13,522	13,174	-	-	-	-	78,678	
Printing & Postage	-	-	-	-	-	-	-	-	-	-	-	-	-	
Property Taxes	-	-	-	-	-	-	793	-	-	-	-	-	793	
Repairs/Maintenance & Supplies (General)	1,700	769	525	2,200	7,602	2,311	1,217	2,770	-	-	-	-	19,095	
Residential Social Expenses	19,011	5,876	1,735	736	1,519	20,953	4,156	4,559	-	-	-	-	58,545	
Security	7,427	7,854	11,589	6,583	6,876	6,894	7,651	6,908	-	-	-	-	61,783	
Telephone	76	105	105	105	105	105	105	105	-	-	-	-	814	
Trash Collection/Recycling	-	-	-	-	-	-	-	-	-	-	-	-	-	
Water & Sewer	-	1,325	1,094	-	1,839	-	1,094	-	-	-	-	-	5,351	
Window Cleaning/Pressure Cleaning	-	-	-	-	-	-	-	-	-	-	-	-	-	
Contingency	2,230	3,350	13,125	15,515	22,330	25,070	1,525	3,384	-	-	-	-	86,529	

Subtotal Clubhouse Expenditures	$ 124,809	$  96,923	$  124,386	$  88,369	$ 129,025	$  94,101	$  75,889	$  64,502	$	-	$	-	$	-	$	-	$	798,004	

Total Operations & Maintenance	$ 252,771	$ 231,608	$  292,380	$ 198,087	$ 435,274	$ 180,614	$ 222,357	$ 180,011	$	-	$	-	$	-	$	-	$  1,993,101	

Total Expenditures	$ 293,430	$ 259,675	$  304,117	$ 208,155	$ 447,460	$ 193,464	$ 237,681	$ 205,451	$	-	$	-	$	-	$	-	$  2,149,434	

Excess (Deficiency) of Revenues over Expe	$ (282,050)	$  (50,430)	$ 1,897,575	$ (156,228)	$ (416,103)	$ (166,219)	$ (166,467)	$ (187,824)	$	-	$	-	$	-	$	-	$	472,254	

Net Change in Fund Balance	$ (282,050)	$ (50,430)	$ 1,897,575	$ (156,228)	$ (416,103)	$ (166,219)	$ (166,467)	$ (187,824)	$	-	$	-	$	-	$	-	$	472,254	

Palm Glades	
Community Development District	
Long Term Debt Report	

Special Assessment Refunding Bonds, Series 2016	
Original Issue Amount: 04/28/2016	$12,435,000	
Term 1:	$4,590,000.00	
Interest Rate:	2.631%	
Maturity Date:	5/1/2025	
Term 2:	$3,855,000.00	
Interest Rate:	3.750%	
Maturity Date:	5/1/2031	
Term 3:	$3,990,000.00	
Interest Rate:	4.000%	
Maturity Date:	5/1/2036	
Reserve Fund Definition	50% of Maximum Annual Debt Service	
Reserve Fund Requirement	$449,800	
Reserve Fund Balance	558,041	
Bonds Outstanding at - 9/30/22	$9,490,000	
Less: Principal Payment - 05/01/23	($530,000)	
Less: Principal Payment - 05/01/24	($550,000)	
Less: Principal Payment - 05/01/25	($565,000)	
Less: Principal Payment - 05/01/26	($580,000)	
Current Bonds Outstanding	$7,265,000	

Special Assessment Refunding Bonds, Series 2017	
Original Issue Amount: 08/31/2017	$9,755,000	
Term 1:	$1,085,000.00	
Interest Rate:	3.500%	
Maturity Date:	5/1/2021	
Term 2:	$2,120,000.00	
Interest Rate:	4.000%	
Maturity Date:	5/1/2027	
Term 3:	$6,550,000.00	
Interest Rate:	5.000%	
Maturity Date:	5/1/2039	
Reserve Fund Definition	125% of Maximum Annual Debt Service	
Reserve Fund Requirement	$125,000	
Reserve Fund Balance	125,827	
Bonds Outstanding at - 9/30/22	$8,350,000	
Less: Principal Payment - 05/01/23	($330,000)	
Less: Principal Payment - 05/01/24	($345,000)	
Less: Principal Payment - 05/01/25	($360,000)	
Less: Principal Payment - 05/01/26	($375,000)	
Current Bonds Outstanding	$6,940,000	

Palm Glades
Community Development District Long Term Debt Report

Senior Special Assessment Bonds, Series 2018 A-1	
Original Issue Amount: 05/31/2018	$9,455,000	
Term 1:	$1,165,000	
Interest Rate:	3.000%	
Maturity Date:	11/1/2024	
Term 2:	$910,000	
Interest Rate:	3.500%	
Maturity Date:	11/1/2028	
Term 3:	$2,960,000	
Interest Rate:	4.000%	
Maturity Date:	11/1/2038	
Term 4:	$4,420,000	
Interest Rate:	4.200%	
Maturity Date:	11/1/2048	
Reserve Fund Definition	50% of Maximum Annual Debt Service	
Reserve Fund Requirement	$276,720	
Reserve Fund Balance	338,349	
Bonds Outstanding - 05/31/2018	$9,455,000	
Less: Principal Payment -11/1/19	($180,000)	
Less: Principal Payment - 11/1/20	($185,000)	
Less: Principal Payment - 11/1/21	($190,000)	
Less: Principal Payment - 11/1/22	($195,000)	
Less: Principal Payment -11/1/23	($205,000)	
Less: Principal Payment -11/1/24	($210,000)	
Less: Principal Payment -11/1/25	($215,000)	
Current Bonds Outstanding	$8,075,000	
	
Subordinate Special Assessment Bonds, Series 2018 A-2	
Original Issue Amount: 05/31/2018	$1,935,000	
Term 1:	$165,000	
Interest Rate:	3.725%	
Maturity Date:	11/1/2023	
Term 2:	$210,000	
Interest Rate:	4.500%	
Maturity Date:	11/1/2028	
Term 3:	$585,000	
Interest Rate:	5.000%	
Maturity Date:	11/1/2038	
Term 4:	$975,000	
Interest Rate:	5.125%	
Maturity Date:	11/1/2048	
Reserve Fund Definition	25% of Maximum Annual Debt Service	
Reserve Fund Requirement	$32,167	
Reserve Fund Balance	32,396	
Bonds Outstanding - 05/31/2018	$1,935,000	
Less: Principal Payment -11/1/19	($30,000)	
Less: Principal Payment - 11/1/20	($30,000)	
Less: Principal Payment - 11/1/21	($35,000)	
Less: Principal Payment - 11/1/22	($35,000)	
Less: Principal Payment -11/1/23	($35,000)	
Less: Principal Payment -11/1/24	($40,000)	
Less: Principal Payment -11/1/25	($40,000)	
Current Bonds Outstanding	$1,690,000	

Palm Glades	
Community Development District	
Long Term Debt Report	

Special Assessment Bonds, Series 2020	
Original Issue Amount: 04/29/2020	$845,000	
Term 1:	$60,000	
Interest Rate:	3.250%	
Maturity Date:	5/1/2024	
Term 2:	$785,000	
Interest Rate:	4.000%	
Maturity Date:	5/1/2050	
Reserve Fund Definition	50% of Maximum Annual Debt Service	
Reserve Fund Requirement	$25,500	
Reserve Fund Balance	30,114	
Bonds Outstanding - 04/29/2020	$845,000	
Less: Principal Payment - 05/1/21	($15,000)	
Less: Principal Payment - 05/1/22	($15,000)	
Less: Principal Payment - 05/1/23	($15,000)	
Less: Principal Payment - 05/1/24	($15,000)	
Less: Principal Payment - 05/1/25	($20,000)	
Less: Principal Payment - 05/1/26	($20,000)	
Current Bonds Outstanding	$745,000	

Special Assessment Bonds, Series 2021	
Original Issue Amount: 10/25/2021	$550,000	
Term 1:	$62,000	
Interest Rate:	2.200%	
Maturity Date:	12/15/2026	
Term 2:	$69,000	
Interest Rate:	2.700%	
Maturity Date:	12/15/2031	
Term 3:	$174,000	
Interest Rate:	3.125%	
Maturity Date:	12/15/2041	
Term 4:	$245,000	
Interest Rate:	4.000%	
Maturity Date:	12/15/2051	
Reserve Fund Definition	10% of Maximum Annual Debt Service	
Reserve Fund Requirement	$3,077	
Reserve Fund Balance	3,543	
Bonds Outstanding - 10/25/2021	$550,000	
Less: Principal Payment -12/15/22	($12,000)	
Less: Principal Payment -12/15/23	($12,000)	
Less: Principal Payment -12/15/24	($12,000)	
Less: Principal Payment -12/15/25	($13,000)	
Current Bonds Outstanding	$501,000	

PALM GLADES	
COMMUNITY DEVELOPMENT DISTRICT	
Special Assessment Receipts - Miami Dade County	
Fiscal Year 2026	

							

							

							

							

							

ASSESSED THROUGH MIAMI-DADE COUNTY

PHASE I				
TOTAL ASSESSMENT LEVY GROSS	General Fund	S2016	S2018	Total	
					$977,682.75
35.30%	$459,543.15
16.59%	$946,946.02
34.19%	$385,715.55
13.93%	$2,769,887.47
100.00%	
DATE	DESCRIPTION	GROSS AMOUNT	DISCOUNTS/
(PENALTIES)	COMMISSIONS	INTEREST	NET RECEIPTS		Adm&Field	Clubhouse	2016A DSF
Portion	Club Debt	Total	

													
11/12/25	10/1-10/31/25	$11,900.88	$476.04	$114.25	$0.00	$11,310.59		$3,992.28	$1,876.50	$3,866.77	$1,575.04	$11,310.59	
11/17/25	11/1-11/10/25	$90,028.68	$3,545.30	$864.83	$0.00	$85,618.55		$30,220.64	$14,204.70	$29,270.56	$11,922.65	$85,618.55	
11/18/25	06/01-10/31/25	$27,158.17	$1,397.81	$257.60	$0.00	$25,502.76		$9,001.67	$4,231.08	$8,718.67	$3,551.34	$25,502.76	
11/28/25	11/11/25 - 11/30/25	$94,831.86	$3,793.31	$910.39	$0.00	$90,128.16		$31,812.39	$14,952.87	$30,812.26	$12,550.63	$90,128.16	
12/05/25	11/21/25 - 11/30/25	$2,277,376.61	$91,096.09	$21,862.81	$0.00	$2,164,417.71		$763,971.06	$359,091.60	$739,953.07	$301,401.98	$2,164,417.71	
12/24/25	12/01/25-12/15/25	$86,343.91	$3,334.77	$830.09	$0.00	$82,179.05		$29,006.61	$13,634.06	$28,094.69	$11,443.69	$82,179.05	
01/08/26	12/16/25 - 12/31/25	$38,036.85	$1,119.09	$369.18	$0.00	$36,548.58		$12,900.49	$6,063.66	$12,494.92	$5,089.50	$36,548.58	
01/23/26	Interest	$0.00	$0.00	$0.00	$2,626.47	$2,626.47		$927.06	$435.75	$897.92	$365.74	$2,626.47	
02/06/26	01/01/26 - 01/15/26	$15,365.13	$298.79	$150.66	$0.00	$14,915.68		$5,264.76	$2,474.61	$5,099.25	$2,077.06	$14,915.68	
03/07/26	02/01/26 - 02/28/26	$11,420.47	$89.89	$113.30	$0.00	$11,217.28		$3,959.35	$1,861.02	$3,834.87	$1,562.04	$11,217.28	
04/14/26	03/01/26 - 03/31/26	$52,085.43	$0.00	$520.86	$0.00	$51,564.57		$18,200.66	$8,554.91	$17,628.47	$7,180.53	$51,564.57	
04/14/26	03/01/26 - 03/31/26	$13,746.64	$0.00	$137.47	$0.00	$13,609.17		$4,803.61	$2,257.85	$4,652.59	$1,895.12	$13,609.17	
04/22/26	Interest	$0.00	$0.00	$0.00	$177.80	$177.80		$177.80	$0.00	$0.00	$0.00	$177.80	
05/13/26	04/01/26 - 04/30/26	$8,863.13	($174.76)	$90.37	$0.00	$8,947.52		$3,158.19	$1,484.45	$3,058.90	$1,245.97	$8,947.52	
	TOTAL	$2,727,157.76	$104,976.33	$26,221.81	$2,804.27	$2,598,763.89		$917,396.58	$431,123.09	$888,382.93	$361,861.29	$2,598,763.89	

98.46%	Percent Collected	
$	42,729.71	Balance Remaining to Collect	

PALM GLADES	
COMMUNITY DEVELOPMENT DISTRICT	
Special Assessment Receipts - Miami Dade County	
Fiscal Year 2026	

							

							

							

							

							

							

ASSESSED THROUGH MIAMI-DADE COUNTY

PHASE II	TOTAL ASSESSMENT LEVY GROSS	General Fund	S2017	S2018	S2020	S2021	Total	
	$887,756.85	$396,140.94	$765,529.31	$332,499.18	$53,684.21	$32,388.36	$2,467,998.85	
	35.97%	16.05%	31.02%	13.47%	2.18%	1.31%	100.00%	
DATE	DESCRIPTION	GROSS AMOUNT  DISCOUNTS/ COMMISSIONS  INTEREST	NET RECEIPTS
(PENALTIES)		
Adm&Field	
Clubhouse	2017 DSF
Portion	
Club Debt	Expansion Area	2021 DSF
Portion	
Total	

11/17/25	11/1-11/10/25	$97,309.27	$3,892.36	$934.17	$0.00	$92,482.74
11/18/25	06/01-10/31/25	$15,085.90	$720.43	$143.65	$0.00	$14,221.82
11/28/25  11/11/25 - 11/30/25	$80,916.64	$3,236.65	$776.80	$0.00	$76,903.19
12/05/25  11/21/25 - 11/30/25	$2,050,835.19	$82,032.98	$19,688.03	$0.00	$1,949,114.18
12/24/25  12/01/25-12/15/25	$38,279.71	$1,324.26	$369.55	$0.00	$36,585.90
01/08/26  12/16/25 - 12/31/25	$40,939.69	$1,228.20	$397.12	$0.00	$39,314.37
01/23/26	Interest	$0.00	$0.00	$0.00	$2,277.86	$2,277.86
02/06/26  01/01/26 - 01/15/26	$34,249.26	$684.98	$335.64	$0.00	$33,228.64
03/07/26  02/01/26 - 02/28/26	$23,412.10	$234.13	$231.78	$0.00	$22,946.19
04/14/26  03/01/26 - 03/31/26	$46,669.22	$28.74	$466.40	$0.00	$46,174.08
04/14/26  03/01/26 - 03/31/26	$8,195.76	$45.78	$81.50	$0.00	$8,068.48
04/22/26	Interest	$0.00	$0.00	$0.00	$220.27	$220.27
05/13/26  04/01/26 - 04/30/26	$5,747.02	($172.41)	$59.20	$0.00	$5,860.23		
$33,266.70	
$14,844.50	
$28,686.50	
$12,459.66	
$2,011.70	
$1,213.68	
$92,482.74	
		$5,115.69	$2,282.76	$4,411.36	$1,916.02	$309.35	$186.64	$14,221.82	
		$27,662.63	$12,343.81	$23,854.00	$10,360.72	$1,672.81	$1,009.23	$76,903.19	
		$701,110.32	$312,854.25	$604,580.52	$262,592.86	$42,397.37	$25,578.87	$1,949,114.18	
		$13,160.21	$5,872.44	$11,348.29	$4,929.01	$795.82	$480.13	$36,585.90	
		$14,141.66	$6,310.39	$12,194.62	$5,296.60	$855.17	$515.94	$39,314.37	
		$819.36	$365.62	$706.55	$306.88	$49.55	$29.89	$2,277.86	
		$11,952.58	$5,333.56	$10,306.93	$4,476.70	$722.79	$436.07	$33,228.64	
		$8,253.91	$3,683.12	$7,117.50	$3,091.41	$499.13	$301.13	$22,946.19	
		$16,609.15	$7,411.45	$14,322.38	$6,220.77	$1,004.38	$605.96	$46,174.08	
		$2,902.29	$1,295.08	$2,502.70	$1,087.02	$175.51	$105.89	$8,068.48	
		$220.27	$0.00	$0.00	$0.00	$0.00	$0.00	$220.27	
		$2,107.97	$940.63	$1,817.74	$789.51	$127.47	$76.91	$5,860.23	
TOTAL	$2,441,639.76  $93,256.10  $23,483.84  $2,498.13  $2,327,397.95		$837,322.74  $373,537.59  $721,849.09  $313,527.16	$50,621.05  $30,540.32  $2,327,397.95	

98.93%	Percent Collected	
$  26,359.09	Balance Remaining to Collect	

Palm Glades	
COMMUNITY DEVELOPMENT DISTRICT	

Check Register

05/01/26 - 05/31/26

Date	check #'s	Amount	
General Fund			
05/01/26 - 05/31/26	5184-5233	$307,525.33	

Capital Reserve Fund	$44,500.00	
04/01/26 -05/31/26	31-32	

TOTAL	$	352,025.33