Palm Glades	
Community Development District	

Unaudited Financial Reporting	
January 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	
January 31, 2026	

Assets:	
Cash:	
Operating Account	
Capital Reserve	
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	

	
$	71,574	
-	
-	
-	
-	
-	
-	

	
$	-	
-	
5,620	
2,492	
3,372	
175	
105	

	
$	-	
5,984	
-	
-	
-	
-	
-	

	
$	-	
-	
-	
-	
-	
-	
-	

	
$	71,574	
5,984	
5,620	
2,492	
3,372	
175	
105	

Investments:	
State Board of Administration (SBA)	

Series 2016	
Reserve	
Revenue	
Interest	
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	
Revenue	
Acq. & Construction - Series 2021	
Deposits	

2,192,500	-	481,657	-	2,674,157

-	
-	
-	
-	

-	
-	
-	
-	

-	
-	
-	
-	

551,573	
1,350,934	
50	
71	

551,573
1,350,934
50
71

-	
-	
-	
-	

-	
-	
-	
-	

-	
-	
-	
-	

152,393	
781,495	
58	
45	

152,393
781,495
58
45

-	
-	
-	
-	

-	
-	
-	
-	

-	
-	
-	
-	

334,428	
55	
810,308	
6	
-	
38,875	
14	
71	
13	
2,929	

334,428
55
810,308

38,875	
14	
71	
13	
-	

-	
-	
-	
-	
-	

-	
-	
-	
-	
2,929	

6

-	
-	
-	

-

-	
-	
-	
-	

29,765	
5	
67,174	
2	

-	
-	
-	
-	

-	
-	
-	
-	

29,765	
5	
67,174	
2	

-	
-	
-	
6,874	

3,502	
35,955	
-	
-	

-	
-	
-	
-	

-	
-	
91	
-	

3,502	
35,955	
91	
6,874	

Total Assets	$ 2,270,947	$ 4,168,563	$	487,641	$	3,020	$	6,930,171	

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	
Retainage Payable - Landscape	

	
$	102,994	
5,620	
2,492	
3,372	
175	
105	
4,287	

	
$	-	
-	
-	
-	
-	
-	
-	

	
$	-	
-	
-	
-	
-	
-	
-	

	
$	-	
-	
-	
-	
-	
-	
-	

	
$	102,994	
5,620	
2,492	
3,372	
175	
105	
4,287	

Total Liabilities	$	119,046	$	-	$	-	$	-	$	119,046	

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

$	6,874	$

-
-

-	
2,145,028	

-	$	-	$	-	$

4,168,563	
-	

-	
-	

-	
3,020	

487,641	
-	

-	
-	

-
-

6,874

4,168,563	
3,020	

487,641	
2,145,028	

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

Total Fund Balances	$ 2,151,902	$ 4,168,563	$	487,641	$	3,020	$	6,811,125	

Total Liabilities & Fund Balance	$  2,270,947	$  4,168,563	$	487,641	$	3,020	$	6,930,171	

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

	
$  2,446,473	
14,167	
-	
4,333	
-	
-	
-	
-	

	
$  2,446,473	
13,866	
50	
3,220	
9,660	
490	
393	
94	

	
$	-	
(301)	
50	
(1,113)	
9,660	
490	
393	
94	

Total Revenues	$  2,640,561	$ 2,464,973	$2,474,245	$	9,272	
Expenditures:					
General & Administrative:					
Supervisor Fees	$	12,000	$	4,000	$	4,000	$	-	
PR-FICA	918	306	306	-	
Engineering	10,000	3,333	22,625	(19,292)	
Attorney	45,000	15,000	17,269	(2,269)	
Annual Audit	7,300	-	-	-	
Assessment Administration	2,000	2,000	2,000	-	
Arbitrage Rebate	2,400	800	-	800	
Dissemination Agent	2,750	917	917	(0)	
Trustee Fees	24,000	7,500	7,500	-	
Management Fees	55,702	18,567	18,567	(0)	
Website Maintenance	3,300	1,100	1,100	-	
Telephone	100	33	-	33	
Postage & Delivery	1,000	333	358	(25)	
Insurance General Liability	11,530	11,530	11,568	(38)	
Printing & Binding	2,170	723	147	577	
Legal Advertising	2,600	867	-	867	
Other Current Charges	1,050	350	198	152	
Office Supplies	260	87	10	77	
Dues, Licenses & Subscriptions	175	175	175	-	
Capital Outlay	250	83	-	83	
Total General & Administrative	$	184,505	$	67,705	$	86,739	$	(19,034)	

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

$	66,812	
26,520	
32,040	
34,045	
14,623	
5,000	
16,667	
7,980	
10,000	
13,333	
6,167	
9,667	
1,400	
4,500	
1,200	
7,333	
20,000	
8,351	
220,376	
15,000	
16,667	
20,000	
52,442	

$	63,630	
25,857	
32,040	
34,045	
14,519	
4,700	
24,435	
7,600	
11,450	
12,805	
6,806	
8,390	
-	
3,070	
-	
5,500	
20,650	
8,351	
191,972	
-	
1,950	
22,722	
-	

$	3,182	
663	
-	
-	
104	
300	
(7,768)	
380	
(1,450)	
529	
(640)	
1,277	
1,400	
1,430	
1,200	
1,833	
(650)	
(0)	
28,404	
15,000	
14,717	
(2,722)	
52,442	

Subtotal Field Expenditures	$  1,696,162	$	610,122	$	500,493	$	109,630	

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	

$	1,667	
2,333	
7,950	
1,667	
833	
2,117	
1,167	
17,000	
2,667	
3,667	
4,700	
63,194	
4,667	
1,667	
24,000	
1,733	
10,180	
26,176	
86,667	
3,000	
6,000	
2,767	

$	2,234	
915	
7,950	
1,724	
1,044	
2,037	
-	
15,182	
1,680	
-	
-	
63,194	
-	
-	
24,200	
1,145	
7,840	
48,710	
94,841	
-	
9,031	
363	

$	(567)	
1,418	
-	
(58)	
(210)	
80	
1,167	
1,818	
987	
3,667	
4,700	
-	
4,667	
1,667	
(200)	
589	
2,340	
(22,534)	
(8,174)	
3,000	
(3,031)	
2,404	

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

	
$	1,167	
15,000	
10,833	
800	
167	
16,667	
23,333	
25,515	
300	
2,167	
2,667	
1,333	
10,594	

	
$	645	
15,160	
18,270	
-	
-	
5,194	
27,359	
33,454	
392	
-	
2,419	
-	
34,220	

	
522	
(160)	
(7,437)	
800	
167	
11,472	
(4,025)	
(7,939)	
(92)	
2,167	
1,342	
1,333	
(23,626)	

Subtotal Clubhouse Expenditures	$	972,594	$	386,359	$	419,203	$	(31,750)	

Total Operations & Maintenance	$  2,668,756	$	996,482	$	919,695	$	77,880	

Total Expenditures	$  2,853,261	$ 1,064,187	$ 1,006,435	$	58,846	

Excess (Deficiency) of Revenues over Expenditures	$	(212,700)	$  1,400,786	$  1,467,810	$	68,118	

Net Change in Fund Balance	$	(212,700)	$ 1,400,786	$ 1,467,810	$	68,118	
	
Fund Balance - Beginning	$	212,700		$	684,091		
	
Fund Balance - Ending	$	0		$  2,151,902		

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

Adopted	Prorated Budget	Actual	
Budget	Thru 01/31/26	Thru 01/31/26	Variance	

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

$	-	
1,667	

$	-	
6,558	

$	-	
4,892	

Total Revenues	$	162,325	$	1,667	$	6,558	$	4,892	
Expenditures:		
Bank Charges	500	167	$	236	(69)	
Total Expenditures	$	500	$	167	$	236	$	(69)	

Excess (Deficiency) of Revenues over Expenditures	$	161,825	$	6,323	

Net Change in Fund Balance	$	161,825	$	-	$	6,323	$	(69)	
				
Fund Balance - Beginning	$	476,787		$	481,318	
				
Fund Balance - Ending	$	638,612		$	487,641	

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

Adopted	Prorated Budget	Actual	
Budget	Thru 01/31/26	Thru 01/31/26	Variance	

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

$	854,109	
5,000	

$  854,109	
15,408	

$	-	
10,408	

Total Revenues	$  914,599	$	859,109	$  869,517	$	10,408	
Expenditures:		
Interest Expense - 11/1	$  152,081	$	152,081	$  152,081	$	-	
Principal Expense - 5/1	580,000	-	-	-	
Interest Expense - 5/1	152,081	-		-	
Total Expenditures	$  884,163	$	152,081	$  152,081	$	-	

Excess (Deficiency) of Revenues over Expenditures	$	30,436	$	707,028	$  717,435	$	10,408	

Net Change in Fund Balance	$	30,436	$	707,028	$  717,435	$	10,408	
		
Fund Balance - Beginning	$  685,776	$ 1,190,813	
		
Fund Balance - Ending	$  716,212	$ 1,908,248	

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

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

	
$	685,782	
3,333	

	
$  685,782	
5,054	

	
$	-	
1,721	

Total Revenues	$  737,253	$	689,115	$  690,836	$	1,721	
Expenditures:		
Interest Expense - 11/1	$  179,050	$	179,050	$  179,050	$	-	
Principal Expense - 5/1	375,000	-	-	-	
Interest Expense - 5/1	179,050	-	-	-	
Total Expenditures	$  733,100	$	179,050	$  179,050	$	-	

Excess (Deficiency) of Revenues over Expenditures	$	4,153	$	510,065	$  511,786	$	1,721	

Net Change in Fund Balance	$	4,153	$	510,065	$  511,786	$	1,721	
		
Fund Balance - Beginning	$  278,235	$  424,698	
		
Fund Balance - Ending	$  282,388	$  936,484	

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 January 31, 2026	

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

	
$	645,762	
6,667	

	
$  645,762	
10,784	

	
$	-	
4,117	

Total Revenues	$  702,304	$	652,429	$  656,546	$	4,117	
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	-	-	-	

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	-	-	-	
Total Expenditures	$  673,096	$	466,379	$  466,379	$	-	

Excess (Deficiency) of Revenues over Expenditures	$	29,208	$	186,050	$  190,167	$	4,117	

Net Change in Fund Balance	$	29,208	$	186,050	$  190,167	$	4,117	
		
Fund Balance - Beginning	$  634,459	$  996,975	
		
Fund Balance - Ending	$  663,667	$ 1,187,142	

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

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

	
$	48,092	
333	

	
$	48,092	
781	

	
$	-	
448	

Total Revenues	$	52,000	$	48,425	$	48,873	$	448	

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

Excess (Deficiency) of Revenues over Expenditures	$	1,400	$	33,125	$	33,573	$	448	

Net Change in Fund Balance	$	1,400	$	33,125	$	33,573	$	448	
		
Fund Balance - Beginning	$	34,884	$	63,548	
		
Fund Balance - Ending	$	36,284	$	97,121	

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

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

	
$	29,014	
167	

	
$	29,014	
407	

	
$	-	
240	

Total Revenues	$	31,269	$	29,181	$	29,421	$	240	

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	$	7,345	$	7,585	$	240	

Net Change in Fund Balance	$	739	$	7,345	$	7,585	$	240	
		
Fund Balance - Beginning	$	28,487	$	31,983	
		
Fund Balance - Ending	$	29,226	$	39,568	

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 January 31, 2026	

Revenues		
Interest Income	$	-	

$	-	$	38	$	38

Total Revenues	$	-	$	-	$	38	$	38	
Expenditures:		
Capital Outlay	$	-	$	-	$	-	$	-	
Total Expenditures	$	-	$	-	$	-	$	-	

Excess (Deficiency) of Revenues over Expenditures	$	-	$	-	$	38	$	38	

Net Change in Fund Balance	$	-	$	38	
		
Fund Balance - Beginning	$	-	$	2,891	
		
Fund Balance - Ending	$	-	$	2,929	

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

Revenues		
Interest Income	$	-	

$	-	$	1	$	1

Total Revenues	$	-	$	-	$	1	$	1	
Expenditures:		
Capital Outlay	$	-	$	-	$	-	$	-	
Total Expenditures	$	-	$	-	$	-	$	-	

Excess (Deficiency) of Revenues over Expenditures	$	-	$	-	$	1	$	1	

Net Change in Fund Balance	$	-	$	1	
		
Fund Balance - Beginning	$	-	$	90	
		
Fund Balance - Ending	$	-	$	91	

Palm Glades	
Community Development District	
Month to Month	

Revenues:														
Special Assessments - Tax Roll	$	-	$  205,808	$ 2,198,701	$	41,964	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	2,446,473	
Interest Income	2,091	1,574	2,992	7,208	-	-	-	-	-	-	-	-	13,866	
Guess Passes	50	-	-	-	-	-	-	-	-	-	-	-	50	
Party Rental Fees	695	-	-	2,525	-	-	-	-	-	-	-	-	3,220	
Non-Residential Memberships	8,280	1,380	-	-	-	-	-	-	-	-	-	-	9,660	
Miscellaneous	-	-	-	-	-	-	-	-	-	-	-	-	-	
Key Card/Replacements	170	90	-	230	-	-	-	-	-	-	-	-	490	
Landscape Replacement Damage	-	393	-	-	-	-	-	-	-	-	-	-	393	
Resident Events	94	-	-	-	-	-	-	-	-	-	-	-	94	

Total Revenues	$  11,380	$ 209,245	$ 2,201,693	$  51,927	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$  2,474,245	
Expenditures:														
General & Administrative:														
Supervisor Fees	$	1,000	$	1,000	$	1,000	$	1,000	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	4,000	
PR-FICA	77	77	77	77	-	-	-	-	-	-	-	-	306	
Engineering	2,925	17,500	2,200	-	-	-	-	-	-	-	-	-	22,625	
Attorney	6,188	4,150	3,163	3,769	-	-	-	-	-	-	-	-	17,269	
Annual Audit	-	-	-	-	-	-	-	-	-	-	-	-	-	
Assessment Administration	2,000	-	-	-	-	-	-	-	-	-	-	-	2,000	
Arbitrage Rebate	-	-	-	-	-	-	-	-	-	-	-	-	-	
Dissemination Agent	229	229	229	229	-	-	-	-	-	-	-	-	917	
Trustee Fees	7,500	-	-	-	-	-	-	-	-	-	-	-	7,500	
Management Fees	4,642	4,642	4,642	4,642	-	-	-	-	-	-	-	-	18,567	
Website Maintenance	275	275	275	275	-	-	-	-	-	-	-	-	1,100	
Telephone	-	-	-	-	-	-	-	-	-	-	-	-	-	
Postage & Delivery	99	59	123	77	-	-	-	-	-	-	-	-	358	
Insurance General Liability	11,568	-	-	-	-	-	-	-	-	-	-	-	11,568	
Printing & Binding	75	66	6	0	-	-	-	-	-	-	-	-	147	
Legal Advertising	-	-	-	-	-	-	-	-	-	-	-	-	-	
Other Current Charges	109	66	23	-	-	-	-	-	-	-	-	-	198	
Office Supplies	5	5	-	-	-	-	-	-	-	-	-	-	10	
Dues, Licenses & Subscriptions	175	-	-	-	-	-	-	-	-	-	-	-	175	
Capital Outlay	$	-													
Total General & Administrative	$  36,866	$  28,068	$	11,737	$  10,068	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	86,739	

Palm Glades	
Community Development District	
Month to Month	

Operations & Maintenance

Field Expenditures														
Landscape Maintenance	$	15,908	$	15,908	$	15,908	$	15,908	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	63,630	
Porter Service	5,967	7,956	5,967	5,967	-	-	-	-	-	-	-	-	25,857	
Mulch	-	32,040	-	-	-	-	-	-	-	-	-	-	32,040	
Tree Trimming & Palm Pruning	34,045	-	-	-	-	-	-	-	-	-	-	-	34,045	
Landscape Fertilization and Pest Control	3,630	3,630	3,630	3,630	-	-	-	-	-	-	-	-	14,519	
Annuals	-	4,700	-	-	-	-	-	-	-	-	-	-	4,700	
Plants Replacement	2,399	6,933	3,002	12,101	-	-	-	-	-	-	-	-	24,435	
Irrigation System	1,900	1,900	1,900	1,900	-	-	-	-	-	-	-	-	7,600	
Irrigation Repairs	3,125	3,165	-	5,160	-	-	-	-	-	-	-	-	11,450	
Electricity	3,027	3,037	3,284	3,456	-	-	-	-	-	-	-	-	12,805	
Refuse	1,577	1,734	1,760	1,734	-	-	-	-	-	-	-	-	6,806	
Entrance Maintenance & Repairs	1,640	-	-	6,750	-	-	-	-	-	-	-	-	8,390	
Janitorial Supplies	-	-	-	-	-	-	-	-	-	-	-	-	-	
Lake Maintenance	785	785	750	750	-	-	-	-	-	-	-	-	3,070	
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	-	-	-	-	-	-	-	-	8,351	
Security Services	42,099	42,335	65,281	42,257	-	-	-	-	-	-	-	-	191,972	
Holiday Decorations	-	-	-	-	-	-	-	-	-	-	-	-	-	
Sidewalk Repairs	-	-	-	1,950	-	-	-	-	-	-	-	-	1,950	
Contingency	9,772	1,679	3,910	7,361	-	-	-	-	-	-	-	-	22,722	
Capital Reserves	-	-	-	-	-	-	-	-	-	-	-	-	-	
	-	-	-	-	-	-	-	-	-	-	-	-		
Subtotal Field Expenditures	$ 127,961	$ 127,891	$  128,129	$ 116,512	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	500,493	

Palm Glades	
Community Development District	
Month to Month	

Clubhouse Expenditures														
Access Control (cards, systems, cameras maint	$	1,133	$	831	$	135	$	135	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	2,234	
Air Conditioning Maintenance	-	-	-	915	-	-	-	-	-	-	-	-	915	
Basketball Court Repairs and Maintenance	-	-	7,950	-	-	-	-	-	-	-	-	-	7,950	
Cable & Internet Service	420	420	439	445	-	-	-	-	-	-	-	-	1,724	
IT Services	208	420	208	208	-	-	-	-	-	-	-	-	1,044	
Circuit Training Equipment Maintenance	-	210	1,677	150	-	-	-	-	-	-	-	-	2,037	
Sauna Equipment Maintenance	-	-	-	-	-	-	-	-	-	-	-	-	-	
Electricity	3,876	3,998	3,706	3,602	-	-	-	-	-	-	-	-	15,182	
Fire Alarm & Building Alarm Monitoring	1,080	500	100	-	-	-	-	-	-	-	-	-	1,680	
Gazebo and Trellis Repairs and Maintenance	-	-	-	-	-	-	-	-	-	-	-	-	-	
Holiday Decorations	-	-	-	-	-	-	-	-	-	-	-	-	-	
Insurance	63,194	-	-	-	-	-	-	-	-	-	-	-	63,194	
Flood Insurance	-	-	-	-	-	-	-	-	-	-	-	-	-	
Irrigation Repairs and Maintenance	-	-	-	-	-	-	-	-	-	-	-	-	-	
Janitorial	6,200	6,000	6,000	6,000	-	-	-	-	-	-	-	-	24,200	
Janitorial Supplies	260	260	375	250	-	-	-	-	-	-	-	-	1,145	
Landscape Maintenance	1,960	1,960	1,960	1,960	-	-	-	-	-	-	-	-	7,840	
Landscape Replacement (Includes Mulching)	-	15,782	32,928	-	-	-	-	-	-	-	-	-	48,710	
Management Fees	10,272	38,513	22,130	23,926	-	-	-	-	-	-	-	-	94,841	
Office Equipment Maintenance	-	-	-	-	-	-	-	-	-	-	-	-	-	
Office Supplies/Clubhouse Supplies	1,474	4,073	1,017	2,468	-	-	-	-	-	-	-	-	9,031	
Pest Control - Exterior	90	90	90	93	-	-	-	-	-	-	-	-	363	
Pest Control - Interior	160	160	160	165	-	-	-	-	-	-	-	-	645	
Pool, Spa and Waterpark Maintenance	3,790	3,790	3,790	3,790	-	-	-	-	-	-	-	-	15,160	
Pool, Spa and Waterpark Repairs	250	635	-	17,385	-	-	-	-	-	-	-	-	18,270	
Printing & Postage	-	-	-	-	-	-	-	-	-	-	-	-	-	
Property Taxes	-	-	-	-	-	-	-	-	-	-	-	-	-	
Repairs/Maintenance & Supplies (General)	1,700	769	525	2,200	-	-	-	-	-	-	-	-	5,194	
Residential Social Expenses	19,011	5,876	1,735	736	-	-	-	-	-	-	-	-	27,359	
Security	7,427	7,854	11,589	6,583	-	-	-	-	-	-	-	-	33,454	
Telephone	76	105	105	105	-	-	-	-	-	-	-	-	392	
Trash Collection/Recycling	-	-	-	-	-	-	-	-	-	-	-	-	-	
Water & Sewer	-	1,325	1,094	-	-	-	-	-	-	-	-	-	2,419	
Window Cleaning/Pressure Cleaning	-	-	-	-	-	-	-	-	-	-	-	-	-	
Contingency	2,230	3,350	13,125	15,515	-	-	-	-	-	-	-	-	34,220	

Subtotal Clubhouse Expenditures	$ 124,809	$  96,923	$  110,839	$  86,631	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	419,203	

Total Operations & Maintenance	$ 252,771	$ 224,813	$  238,968	$ 203,143	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	919,695	

Total Expenditures	$ 289,637	$ 252,881	$  250,705	$ 213,211	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$  1,006,435	

Excess (Deficiency) of Revenues over Expe	$ (278,257)	$  (43,636)	$ 1,950,987	$ (161,284)	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	1,467,810	

Net Change in Fund Balance	$ (278,257)	$ (43,636)	$ 1,950,987	$ (161,284)	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$  1,467,810	

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	551,573	
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)	
Current Bonds Outstanding	$7,845,000	

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	152,393	
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)	
Current Bonds Outstanding	$7,315,000	

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	334,428	
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	38,875	
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	29,765	
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)	
Current Bonds Outstanding	$765,000	

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	3,502	
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	
	TOTAL	$2,625,676.96	$104,762.41	$25,209.15	$2,626.47	$2,498,331.87		$881,832.20	$414,490.23	$854,108.86	$347,900.58	$2,498,331.87	

95%	Percent Collected	
$	144,210.51	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		
$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	
TOTAL	$2,323,366.40  $92,434.88  $22,309.32  $2,277.86  $2,210,900.06		$795,276.58  $354,873.76  $685,781.84  $297,861.75	$48,091.77  $29,014.37  $2,210,900.06	

94%	Percent Collected	
$  144,632.45	Balance Remaining to Collect	

Palm Glades	
COMMUNITY DEVELOPMENT DISTRICT	

Check Register

01/01/26 - 01/31/26

Date

check #'s

Amount

01/01/26 - 01/31/26	5018-5056	$377,757.40	

TOTAL	$	377,757.40	

Void Checks**	
4958