Palm Glades	
Community Development District	

Unaudited Financial Reporting	
March 31, 2026	

Table of Contents

1-2

3-5

6

7

8

9

10

11

12

13

14-16

17-19

	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

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

Assets:	
Cash:	
Operating Account	
Capital Reserve	

	
$	11,912	
-	

	
$	-	
-	

	
$	-	
5,865	

	
$	-	
-	

	
$	11,912	
5,865	

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	
Interest	
Revenue	
Sinking	
Acq. & Construction - Series 2021	
Deposits	

1,617,084	-	642,629	-	2,259,713

-	
-	
-	
-	

-	
-	
-	
-	

-	
-	
-	
-	

554,760	
1,373,218	
50	
71	

554,760
1,373,218
50
71

-	
-	
-	
-	

-	
-	
-	
-	

-	
-	
-	
-	

153,274	
805,881	
59	
45	

153,274
805,881
59
45

-	
-	
-	
-	

-	
-	
-	
-	

-	
-	
-	
-	

336,359	
55	
829,519	
6	
-	
39,100	
14	
72	
13	
2,945	

336,359
55
829,519

39,100	
14	
72	
13	
-	

-	
-	
-	
-	
-	

-	
-	
-	
-	
2,945	

6

-	
-	
-	

-

-	
-	
-	
-	

29,937	
5	
68,956	
2	

-	
-	
-	
-	

-	
-	
-	
-	

29,937	
5	
68,956	
2	

-	
-	
-	
-	
-	
6,874	

3,522	
3	
37,003	
4	
-	
-	

-	
-	
-	
-	
-	
-	

-	
-	
-	
-	
92	
-	

3,522	
3	
37,003	
4	
92	
6,874	

Total Assets	$ 1,635,869	$ 4,231,928	$	648,494	$	3,037	$	6,519,328	

Liabilities:	
Accounts Payable	
Retainage Payable - Landscape	

	
$	70,559	
2,144	

	
$	-	
-	

	
$	-	
-	

	
$	-	
-	

	
$	70,559	
2,144	

Total Liabilities	$	72,703	$	-	$	-	$	-	$	72,703	

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

$	6,874	$

-
-

-	
1,556,292	

-	$	-	$	-	$

4,231,928	
-	

-	
-	

-	
3,037	

648,494	
-	

-	
-	

-
-

6,874

4,231,928	
3,037	

648,494	
1,556,292	

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

Total Fund Balances	$ 1,563,166	$ 4,231,928	$	648,494	$	3,037	$	6,446,625	

Total Liabilities & Fund Balance	$  1,635,869	$  4,231,928	$	648,494	$	3,037	$	6,519,328	

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

	
$  2,489,256	
21,250	
-	
6,500	
-	
-	
-	
-	

	
$  2,489,256	
25,775	
100	
6,560	
9,660	
710	
693	
94	

	
$	-	
4,525	
100	
60	
9,660	
710	
693	
94	

Total Revenues	$  2,640,561	$ 2,517,006	$2,532,847	$	15,841	
Expenditures:					
General & Administrative:					
Supervisor Fees	$	12,000	$	6,000	$	5,600	$	400	
PR-FICA	918	459	428	31	
Engineering	10,000	5,000	22,745	(17,745)	
Attorney	45,000	22,500	25,076	(2,576)	
Annual Audit	7,300	4,900	4,900	-	
Assessment Administration	2,000	2,000	2,000	-	
Arbitrage Rebate	2,400	-	-	-	
Dissemination Agent	2,750	1,375	1,375	(0)	
Trustee Fees	24,000	7,500	7,500	-	
Management Fees	55,702	27,851	27,851	(0)	
Website Maintenance	3,300	1,650	1,650	-	
Telephone	100	50	-	50	
Postage & Delivery	1,000	500	458	42	
Insurance General Liability	11,530	11,530	11,568	(38)	
Printing & Binding	2,170	1,085	160	925	
Legal Advertising	2,600	1,300	-	1,300	
Other Current Charges	1,050	525	307	218	
Office Supplies	260	130	10	120	
Dues, Licenses & Subscriptions	175	175	175	-	
Capital Outlay	250	125	-	125	
Total General & Administrative	$	184,505	$	94,655	$	111,803	$	(17,149)	

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

$	100,218	
39,780	
32,525	
34,045	
21,935	
7,500	
25,000	
11,970	
15,000	
20,000	
9,250	
14,500	
2,100	
6,750	
1,800	
11,000	
20,000	
12,527	
330,564	
39,865	
25,000	
30,000	
157,325	

$	95,445	
39,780	
35,938	
34,045	
21,779	
4,700	
42,129	
11,400	
18,070	
19,429	
10,275	
10,265	
-	
4,570	
-	
5,500	
20,650	
12,527	
276,659	
39,865	
1,950	
31,869	
157,325	

$	4,773	
-	
(3,413)	
-	
156	
2,800	
(17,129)	
570	
(3,070)	
571	
(1,025)	
4,235	
2,100	
2,180	
1,800	
5,500	
(650)	
(0)	
53,905	
-	
23,050	
(1,869)	
-	

Subtotal Field Expenditures	$  1,696,162	$	968,653	$	894,170	$	74,483	

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	

$	2,500	
3,500	
5,000	
2,500	
1,250	
3,175	
1,750	
25,500	
4,000	
5,500	
11,395	
63,194	
12,515	
2,500	
36,000	
2,600	
15,270	
26,176	
130,000	
4,500	
9,000	
4,150	

$	4,474	
915	
7,950	
2,614	
1,460	
4,636	
225	
21,731	
2,222	
-	
11,395	
63,194	
12,515	
-	
36,200	
1,644	
11,760	
50,390	
136,068	
-	
11,583	
548	

$	(1,974)	
2,585	
(2,950)	
(114)	
(210)	
(1,461)	
1,525	
3,769	
1,778	
5,500	
-	
-	
-	
2,500	
(200)	
956	
3,510	
(24,214)	
(6,068)	
4,500	
(2,583)	
3,602	

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

	
$	1,750	
22,500	
16,250	
1,200	
250	
25,000	
35,000	
38,273	
450	
3,250	
4,000	
2,000	
15,892	

	
$	974	
22,740	
43,917	
-	
-	
15,107	
49,830	
47,224	
603	
-	
4,258	
-	
81,620	

	
776	
(240)	
(27,667)	
1,200	
250	
9,893	
(14,830)	
(8,952)	
(153)	
3,250	
836	
2,000	
(65,729)	

Subtotal Clubhouse Expenditures	$	972,594	$	537,789	$	647,799	$  (108,916)	

Total Operations & Maintenance	$  2,668,756	$ 1,506,442	$ 1,541,969	$	(34,433)	

Total Expenditures	$  2,853,261	$ 1,601,097	$ 1,653,772	$	(51,581)	

Excess (Deficiency) of Revenues over Expenditures	$	(212,700)	$	915,909	$	879,075	$	(35,740)	

Net Change in Fund Balance	$	(212,700)	$	915,909	$	879,075	$	(35,740)	
	
Fund Balance - Beginning	$	212,700		$	684,091		
	
Fund Balance - Ending	$	0		$  1,563,166		

Palm Glades	
Community Development District	
Capital Reserve 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		
Capital Reserve Contributions	$	157,325	
Interest Income	5,000	

$	157,325	
5,000	

$	157,325	
10,205	

$	-	
5,205	

Total Revenues	$	162,325	$	162,325	$	167,530	$	5,205	
Expenditures:		
Bank Charges	500	250	$	354	(104)	
Total Expenditures	$	500	$	250	$	354	$	(104)	

Excess (Deficiency) of Revenues over Expenditures	$	161,825	$	167,176	

Net Change in Fund Balance	$	161,825	$	-	$	167,176	$	(104)	
				
Fund Balance - Beginning	$	476,787		$	481,318	
				
Fund Balance - Ending	$	638,612		$	648,494	

Palm Glades	
Community Development District	
Debt Service Fund Series 2016	
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:		
Special Assessments - Tax Roll	$  899,599	
Interest Income	15,000	

$	863,043	
7,500	

$  863,043	
26,325	

$	-	
18,825	

Total Revenues	$  914,599	$	870,543	$  889,368	$	18,825	
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	$	718,462	$  737,287	$	18,825	

Net Change in Fund Balance	$	30,436	$	718,462	$  737,287	$	18,825	
		
Fund Balance - Beginning	$  685,776	$ 1,190,813	
		
Fund Balance - Ending	$  716,212	$ 1,928,099	

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

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

	
$	703,206	
10,000	

	
$  703,206	
10,405	

	
$	-	
405	

Total Revenues	$  737,253	$	713,206	$  713,611	$	405	
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	$	534,156	$  534,561	$	405	

Net Change in Fund Balance	$	4,153	$	534,156	$  534,561	$	405	
		
Fund Balance - Beginning	$  278,235	$  424,698	
		
Fund Balance - Ending	$  282,388	$  959,259	

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 March 31, 2026	

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

	
$	656,970	
10,000	

	
$  656,970	
17,572	

	
$	-	
7,572	

Total Revenues	$  702,304	$	666,970	$  674,542	$	7,572	
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	$	200,590	$  208,163	$	7,572	

Net Change in Fund Balance	$	29,208	$	200,590	$  208,163	$	7,572	
		
Fund Balance - Beginning	$  634,459	$  996,975	
		
Fund Balance - Ending	$  663,667	$ 1,205,138	

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

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

	
$	49,314	
1,000	

	
$	49,314	
1,338	

	
$	-	
338	

Total Revenues	$	52,000	$	50,314	$	50,652	$	338	

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	$	35,014	$	35,352	$	338	

Net Change in Fund Balance	$	1,400	$	35,014	$	35,352	$	338	
		
Fund Balance - Beginning	$	34,884	$	63,548	
		
Fund Balance - Ending	$	36,284	$	98,900	

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

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

	
$	29,752	
500	

	
$	29,752	
633	

	
$	-	
133	

Total Revenues	$	31,269	$	30,252	$	30,385	$	133	

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	$	8,415	$	8,548	$	133	

Net Change in Fund Balance	$	739	$	8,415	$	8,548	$	133	
		
Fund Balance - Beginning	$	28,487	$	31,983	
		
Fund Balance - Ending	$	29,226	$	40,531	

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 March 31, 2026	

Revenues		
Interest Income	$	-	

$	-	$	55	$	55

Total Revenues	$	-	$	-	$	55	$	55	
Expenditures:		
Capital Outlay	$	-	$	-	$	-	$	-	
Total Expenditures	$	-	$	-	$	-	$	-	

Excess (Deficiency) of Revenues over Expenditures	$	-	$	-	$	55	$	55	

Net Change in Fund Balance	$	-	$	55	
		
Fund Balance - Beginning	$	-	$	2,891	
		
Fund Balance - Ending	$	-	$	2,945	

Palm Glades	
Community Development District	
Capital Projects Fund Series 2021	
Statement of Revenues, Expenditures, and Changes in Fund Balance	
For The Period Ending March 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	$	-	$	-	$	-	$	-	$	-	$	-	$	2,489,256	
Interest Income	2,091	1,574	2,992	7,208	6,211	5,698	-	-	-	-	-	-	25,775	
Guess Passes	50	-	-	-	-	50	-	-	-	-	-	-	100	
Party Rental Fees	695	-	-	2,525	-	3,340	-	-	-	-	-	-	6,560	
Non-Residential Memberships	8,280	1,380	-	-	-	-	-	-	-	-	-	-	9,660	
Miscellaneous	-	-	-	-	-	-	-	-	-	-	-	-	-	
Key Card/Replacements	170	90	-	230	120	100	-	-	-	-	-	-	710	
Landscape Replacement Damage	-	393	-	-	-	300	-	-	-	-	-	-	693	
Resident Events	94	-	-	-	-	-	-	-	-	-	-	-	94	

Total Revenues	$  11,380	$ 209,245	$ 2,201,693	$  51,927	$  31,357	$  27,245	$	-	$	-	$	-	$	-	$	-	$	-	$  2,532,847	
Expenditures:														
General & Administrative:														
Supervisor Fees	$	1,000	$	1,000	$	1,000	$	1,000	$	800	$	800	$	-	$	-	$	-	$	-	$	-	$	-	$	5,600	
PR-FICA	77	77	77	77	61	61	-	-	-	-	-	-	428	
Engineering	2,925	17,500	2,200	-	120	-	-	-	-	-	-	-	22,745	
Attorney	9,980	4,150	3,163	3,769	4,015	-	-	-	-	-	-	-	25,076	
Annual Audit	-	-	-	-	2,000	2,900	-	-	-	-	-	-	4,900	
Assessment Administration	2,000	-	-	-	-	-	-	-	-	-	-	-	2,000	
Arbitrage Rebate	-	-	-	-	-	-	-	-	-	-	-	-	-	
Dissemination Agent	229	229	229	229	229	229	-	-	-	-	-	-	1,375	
Trustee Fees	7,500	-	-	-	-	-	-	-	-	-	-	-	7,500	
Management Fees	4,642	4,642	4,642	4,642	4,642	4,642	-	-	-	-	-	-	27,851	
Website Maintenance	275	275	275	275	275	275	-	-	-	-	-	-	1,650	
Telephone	-	-	-	-	-	-	-	-	-	-	-	-	-	
Postage & Delivery	99	59	123	77	25	75	-	-	-	-	-	-	458	
Insurance General Liability	11,568	-	-	-	-	-	-	-	-	-	-	-	11,568	
Printing & Binding	75	66	6	0	3	10	-	-	-	-	-	-	160	
Legal Advertising	-	-	-	-	-	-	-	-	-	-	-	-	-	
Other Current Charges	109	66	23	-	16	93	-	-	-	-	-	-	307	
Office Supplies	5	5	-	-	-	-	-	-	-	-	-	-	10	
Dues, Licenses & Subscriptions	175	-	-	-	-	-	-	-	-	-	-	-	175	
Total General & Administrative	$  40,659	$  28,068	$	11,737	$  10,068	$  12,187	$	9,085	$	-	$	-	$	-	$	-	$	-	$	-	$	111,803	

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	$	-	$	-	$	-	$	-	$	-	$	-	$	95,445	
Porter Service	5,967	7,956	5,967	5,967	7,956	5,967	-	-	-	-	-	-	39,780	
Mulch	-	32,040	-	-	3,898	-	-	-	-	-	-	-	35,938	
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	-	-	-	-	-	-	21,779	
Annuals	-	4,700	-	-	-	-	-	-	-	-	-	-	4,700	
Plants Replacement	2,399	13,727	3,002	5,307	16,294	1,400	-	-	-	-	-	-	42,129	
Irrigation System	1,900	1,900	1,900	1,900	1,900	1,900	-	-	-	-	-	-	11,400	
Irrigation Repairs	3,125	3,165	-	5,160	3,320	3,300	-	-	-	-	-	-	18,070	
Electricity	3,027	3,037	3,284	3,456	3,482	3,142	-	-	-	-	-	-	19,429	
Refuse	1,577	1,734	1,760	1,734	1,734	1,734	-	-	-	-	-	-	10,275	
Entrance Maintenance & Repairs	1,640	-	-	6,750	1,875	-	-	-	-	-	-	-	10,265	
Janitorial Supplies	-	-	-	-	-	-	-	-	-	-	-	-	-	
Lake Maintenance	785	785	750	750	750	750	-	-	-	-	-	-	4,570	
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	-	-	-	-	-	-	12,527	
Security Services	42,099	42,335	65,281	42,257	42,389	42,298	-	-	-	-	-	-	276,659	
Holiday Decorations	-	-	39,865	-	-	-	-	-	-	-	-	-	39,865	
Sidewalk Repairs	-	-	-	1,950	-	-	-	-	-	-	-	-	1,950	
Contingency	9,772	1,679	3,910	7,361	4,750	4,397	-	-	-	-	-	-	31,869	
Capital Reserves	-	-	-	-	157,325	-	-	-	-	-	-	-	157,325	

Subtotal Field Expenditures	$ 127,961	$ 134,685	$  167,994	$ 109,717	$ 267,299	$  88,273	$	-	$	-	$	-	$	-	$	-	$	-	$	894,170	

Palm Glades	
Community Development District	
Month to Month	

Clubhouse Expenditures														
Access Control (cards, systems, cameras maint	$	1,133	$	831	$	135	$	135	$	2,105	$	135	$	-	$	-	$	-	$	-	$	-	$	-	$	4,474	
Air Conditioning Maintenance	-	-	-	915	-	-	-	-	-	-	-	-	915	
Basketball Court Repairs and Maintenance	-	-	7,950	-	-	-	-	-	-	-	-	-	7,950	
Cable & Internet Service	420	420	439	445	445	445	-	-	-	-	-	-	2,614	
IT Services	208	420	208	208	208	208	-	-	-	-	-	-	1,460	
Circuit Training Equipment Maintenance	-	210	1,677	150	1,103	1,496	-	-	-	-	-	-	4,636	
Sauna Equipment Maintenance	-	-	-	-	225	-	-	-	-	-	-	-	225	
Electricity	3,876	3,998	3,706	3,602	2,827	3,722	-	-	-	-	-	-	21,731	
Fire Alarm & Building Alarm Monitoring	1,080	500	100	100	342	100	-	-	-	-	-	-	2,222	
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	-	-	-	-	-	-	36,200	
Janitorial Supplies	260	260	375	250	500	-	-	-	-	-	-	-	1,644	
Landscape Maintenance	1,960	1,960	1,960	1,960	1,960	1,960	-	-	-	-	-	-	11,760	
Landscape Replacement (Includes Mulching)	-	15,782	32,928	-	-	1,680	-	-	-	-	-	-	50,390	
Management Fees	10,272	38,513	23,630	22,426	22,264	18,964	-	-	-	-	-	-	136,068	
Office Equipment Maintenance	-	-	-	-	-	-	-	-	-	-	-	-	-	
Office Supplies/Clubhouse Supplies	1,474	4,073	1,669	1,816	1,339	1,213	-	-	-	-	-	-	11,583	
Pest Control - Exterior	90	90	90	93	93	93	-	-	-	-	-	-	548	
Pest Control - Interior	160	160	160	165	165	165	-	-	-	-	-	-	974	
Pool, Spa and Waterpark Maintenance	3,790	3,790	3,790	7,580	3,790	-	-	-	-	-	-	-	22,740	
Pool, Spa and Waterpark Repairs	250	635	-	17,385	24,875	772	-	-	-	-	-	-	43,917	
Printing & Postage	-	-	-	-	-	-	-	-	-	-	-	-	-	
Property Taxes	-	-	-	-	-	-	-	-	-	-	-	-	-	
Repairs/Maintenance & Supplies (General)	1,700	769	525	2,200	7,602	2,311	-	-	-	-	-	-	15,107	
Residential Social Expenses	19,011	5,876	1,735	736	1,519	20,953	-	-	-	-	-	-	49,830	
Security	7,427	7,854	11,589	6,583	6,876	6,894	-	-	-	-	-	-	47,224	
Telephone	76	105	105	105	105	105	-	-	-	-	-	-	603	
Trash Collection/Recycling	-	-	-	-	-	-	-	-	-	-	-	-	-	
Water & Sewer	-	1,325	1,094	-	1,839	-	-	-	-	-	-	-	4,258	
Window Cleaning/Pressure Cleaning	-	-	-	-	-	-	-	-	-	-	-	-	-	
Contingency	2,230	3,350	13,125	15,515	22,330	25,070	-	-	-	-	-	-	81,620	

Subtotal Clubhouse Expenditures	$ 124,809	$  96,923	$  124,386	$  88,369	$ 121,025	$  92,286	$	-	$	-	$	-	$	-	$	-	$	-	$	647,799	

Total Operations & Maintenance	$ 252,771	$ 231,608	$  292,380	$ 198,087	$ 388,325	$ 180,559	$	-	$	-	$	-	$	-	$	-	$	-  $  1,541,969	

Total Expenditures	$ 293,430	$ 259,675	$  304,117	$ 208,155	$ 400,511	$ 189,644	$	-	$	-	$	-	$	-	$	-	$	-  $  1,653,772	

Excess (Deficiency) of Revenues over Expe	$ (282,050)	$  (50,430)	$ 1,897,575	$ (156,228)	$ (369,154)	$ (162,399)	$	-	$	-	$	-	$	-	$	-	$	-	$	879,075	

Net Change in Fund Balance	$ (282,050)	$ (50,430)	$ 1,897,575	$ (156,228)	$ (369,154)	$ (162,399)	$	-	$	-	$	-	$	-	$	-	$	-	$	879,075	

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	554,760	
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	153,274	
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	336,359	
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	39,100	
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	29,937	
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	3,522	
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	
	TOTAL	$2,652,462.56	$105,151.09	$25,473.11	$2,626.47	$2,524,464.83		$891,056.31	$418,825.87	$863,042.98	$351,539.67	$2,524,464.83	

96%	Percent Collected	
$	117,424.91	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		
$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	
TOTAL	$2,381,027.76  $93,353.99  $22,876.74  $2,277.86  $2,267,074.89		$815,483.06  $363,890.44  $703,206.27  $305,429.86	$49,313.69  $29,751.57  $2,267,074.89	

96%	Percent Collected	
$  86,971.09	Balance Remaining to Collect	

Palm Glades	
COMMUNITY DEVELOPMENT DISTRICT	

Check Register

02/01/26 - 03/31/26

Date

check #'s

Amount

02/01/26 - 02/28/26	5057-5096	$272,371.98	

03/01/26 - 03/31/26	5097-5144	$301,676.97	

TOTAL	$	574,048.95