Cypress Ridge Community Development District

Meeting Agenda April 9, 2026

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Cypress Ridge
Community Development District

219 E. Livingston St., Orlando, Florida 32801 Phone: 407-841-5524 – Fax: 407-839-1526
April 2, 2026

Board of Supervisors Meeting
Cypress Ridge Community Development District
Dear Board Members:

A meeting of the Board of Supervisors of the Cypress Ridge Community Development District will be held Thursday, April 9, 2026 at 1:45 PM at the Hampton Inn Plant City, 2702 Thonotosassa Rd, Plant City, FL 33563.

Zoom Video Link: https://us06web.zoom.us/j/82216788167
Zoom Call-In Number: 1-646-876-9923
Meeting ID: 822 1678 8167

Following is the advance agenda for the meeting:

Board of Supervisors Meeting
Roll Call
Public Comment Period (Public Comments will be limited to three (3) minutes each)
Approval of Minutes of the March 12, 2026 Board of Supervisors Meeting
Consideration of Resolution 2026-08 Approving the Proposed Fiscal Year 2026/2027 Budget and Setting the Public Hearing on the Adoption of the Fiscal Year 2026/2027 Budget (Suggested Date: July 9, 2026)
Staff Reports
Attorney
Engineer
Field Manager’s Report (to be provided under separate cover)
District Manager’s Report
Approval of Check Register
Balance Sheet & Income Statement
Other Business
Supervisors Requests and Audience Comments
Adjournment

MINUTES

MINUTES OF MEETING CYPRESS RIDGE
COMMUNITY DEVELOPMENT DISTRICT

The regular meeting of the Board of Supervisors of the Cypress Ridge Community Development District was held Thursday, March 12, 2026 at 1:45 p.m. at the Hampton Inn Plant City, 2702 Thonotosassa Rd, Plant City, Florida.

Present and constituting a quorum:

Milton Andrade by Zoom	Chairman
Garret Parkinson	Vice Chairman
Brian Walsh	Assistant Secretary
Kareyann Ellison	Assistant Secretary
Brent Elliott	Assistant Secretary

Also present were:

Jill Burns	District Manager, GMS
Patrick Collins	District Counsel, Kilinski Van Wyk
Clayton Smith	Field Manager, GMS

FIRST ORDER OF BUSINESS	Roll Call
Ms. Burns called the meeting to order at 1:45 p.m. and called the roll. Four Supervisors were present constituting a quorum.

SECOND ORDER OF BUSINESS	Public Comment Period
Ms. Burns stated that there were no members of the public present at the meeting, and none joining by Zoom.

THIRD ORDER OF BUSINESS	Organizational Matters
Swearing in Elected Supervisor Garret Parkinson (Seat #4)(Elected at November 19, 2025 Landowners’ Election)
Ms. Burns swore in Mr. Parkinson.

FOURTH ORDER OF BUSINESS	Approval of Minutes of December 11, 2025
Board of Supervisors Meeting

March 12, 2026	Cypress Ridge CDD

Ms. Burns presented the minutes of the December 11, 2025 meeting and asked for any comments, corrections, or changes. The Board had no changes.

On MOTION by Mr. Walsh, seconded by Mr. Elliott, with all in favor, the Minutes of December 11, 2025 Board of Supervisors Meeting, were approved.

FIFTH ORDER OF BUSINESS	Consideration of Conveyance Documents
for Phase 1 Common Area Tracts
Mr. Collins stated these documents convey the common area tracts that are ready to be conveyed for Phase 1. Title reports were pulled and showed no issues and only a deed was needed. He noted there are additional Phase 1 common area tracts not yet ready for turnover, these will return at a future meeting.

On MOTION by Mr. Walsh, seconded by Ms. Ellison, with all in favor, the Conveyance Documents for Phase 1 Common Area Tracts, was approved.

SIXTH ORDER OF BUSINESS	Consideration of Acquisition of Amenity
Center Document Package
Mr. Collins stated this is the full acquisition of the Amenity Center. This construction contract wasn’t originally signed so he noted the full acquisition was needed. He stated that it needed to be approved in substantial form due to GMS accounting asking to see the construction costs formatted.

On MOTION by Mr. Walsh, seconded by Mr. Elliott, with all in favor, the Acquisition of Amenity Center Document Package, was approved in substantial form.

SEVENTH ORDER OF BUSINESS	Presentation of Amended Amenity Policy
Verbiage	Regarding	Access	Cards	& Mobile App Use
Ms. Burns reviewed the policy and stated there was a change and they are bringing this back to the Board for ratification. The system that was installed had a feature that they don’t have

March 12, 2026	Cypress Ridge CDD

anywhere else where you can use your cell phone as an access card. The policy allows each household to assign two cell phone numbers for access limited to individuals over 18.

On MOTION by Mr. Walsh, seconded by Ms. Ellison, with all in favor, the Amended Amenity Policy Verbiage Regarding Access Cards & Mobile App Use, was ratified.

EIGHTH ORDER OF BUSINESS	Consideration of Proposals from Nation
Security for Patrol Services (to be provided to Board of Supervisors under separate cover for confidentiality purposes)
Ms. Burns reviewed the Nation Security Proposal options and referenced a summary sheet prepared. The Amenity facility recently opened and there are no reported issues yet. She noted the budget is $14,500. Starting out doing seasonal 16 hours would be $6,948. That would leave around
$9,000 in the budget. Ms. Burns noted a typo in the seasonal timeline/pricing summary. Coverage between Spring break through Labor Day on weekends. She explained there was a 30-day termination without cause if it needed to be terminated.

On MOTION by Mr. Walsh, seconded by Ms. Ellison, with all in favor, the Proposals from Nation Security for Patrol Services, was approved.

NINTH ORDER OF BUSINESS	Staff Reports
Attorney
Mr. Collins had nothing to report.

Engineer
The District Engineer was not present, the next item followed.

Field Manager’s Report
Mr. Smith presented the report that had some updates from the last meeting. The approved pond signage was installed, he stated there were two different versions. There were some street signs that were found laying down or bent and those were repaired. The ponds had some extensive cutbacks of overgrowth around the ponds; the landscaper was able to clean that up. Multiple

March 12, 2026	Cypress Ridge CDD

freezes caused landscape damage, the vendor will begin cutbacks next week after the freeze window. The plan is to cut back dead material first, then assess what flushes back vs. what requires replacement. Proposal for replacements will come later. He noted that there is a lot of damage around the Amenity Center. He noted it still looks good, just needs some attention. The aquatics vendor has been dealing with some lingering aquatic vegetation in a few ponds they have significantly reduced the presence. Most sites have really low ponds right now. Cypress Ridge does have some that show a bit of an exposed back around the pond.
He stated the contractor they chose for the Amenity Center that’s doing both janitorial and the full maintenance services hasn’t had any issues or concerns. The next item is the irrigation wells; they do have a water use permit that requires tracking and reporting. He noted that he did get a quote to add some meters to these because there is currently no meter. Theres no way to track the flow. Once those are in place everything can be updated.
Mr. Smith presented the proposal to refresh the mulch at the front entrance along 579 and then down Bishop Road all the way to the first intersection. There is a limited budget in landscape replacements/enhancements line items ($5,000) but flexibility due to landscape maintenance line item being under budget. Mr. Milton advised holding off on boulevard mulching/plantings tied to Phase 2 due to planned sidewalk widening that will impact planting beds. Mr. Smith recommended they hold on to the Bishop Road portions of the project. Mr. Smith was told to get a price for it to be approved.
Mr. Smith noted the landscape maintenance and management company they work with frequently manage a lot of the water use permits. They go around and read and report them. They’ve given two proposals. They provided a fee to install two meters, one on each well. The second part is a proposal to do the reporting. Mr. Smith noted that they do a very good job and make sure it’s in compliance. Getting the meters in place for right now. They only charge $3,000 for the year.

On MOTION by Mr. Andrade, seconded by Mr. Walsh, with all in favor, the Installation of the Meters, was approved.

District Manager’s Report
Approval of Check Register
Ms. Burns stated the check register is in the agenda package for review, totaling $874,00.
She offered to take questions on any of the invoices.

March 12, 2026	Cypress Ridge CDD

On MOTION by Mr. Walsh, seconded by Ms. Ellison, with all in favor, the Check Register, was approved.

Balance Sheet & Income Statement
Ms. Burns noted that financial statements are included in the package for review. No action is required from the Board.

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

ELEVENTH ORDER OF BUSINESS	Supervisors'	Requests	and	Audience
Comments
There being no comments, the next item followed.

TWELFTH ORDER OF BUSINESS	Adjournment
Ms. Burns adjourned the meeting.

On MOTION by Mr. Walsh, seconded by Mr. Elliott, with all in favor, the meeting was adjourned.

Secretary/Assistant Secretary	Chairman/Vice Chairman

Section IV

RESOLUTION 2026-08

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE CYPRESS RIDGE COMMUNITY DEVELOPMENT DISTRICT APPROVING PROPOSED BUDGETS FOR FISCAL YEAR 2027 AND SETTING A PUBLIC HEARING THEREON PURSUANT TO FLORIDA LAW; ADDRESSING TRANSMITTAL, POSTING AND PUBLICATION REQUIREMENTS; ADDRESSING SEVERABILITY; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the District Manager has, prior to June 15, 2026, prepared and submitted to the Board of Supervisors (“Board”) of the Cypress Ridge Community Development District (“District”) proposed budgets (“Proposed Budget”) for the Fiscal Year beginning October 1, 2026, and ending September 30, 2027 (“Fiscal Year 2027”); and
WHEREAS, the Board has considered the Proposed Budget and desires to set the required public hearing thereon.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE CYPRESS RIDGE COMMUNITY DEVELOPMENT DISTRICT:

PROPOSED BUDGET APPROVED. The Proposed Budget prepared by the District Manager for Fiscal Year 2027 attached hereto as Exhibit A is hereby approved as the basis for conducting a public hearing to adopt said Proposed Budget.

SETTING A PUBLIC HEARING. A public hearing on said approved Proposed Budget is hereby declared and set for the following date, hour and location:

DATE:	Thursday, July 9, 2026
HOUR:	1:45 PM
LOCATION:	Hampton Inn - Plant City
2702 Thonotosassa Road Plant City, Florida 33563
TRANSMITTAL OF PROPOSED BUDGET TO LOCAL GENERAL
PURPOSE GOVERNMENT. The District Manager is hereby directed to submit a copy of the Proposed Budget to Hillsborough County, Florida at least sixty (60) days prior to the hearing set above.
POSTING OF PROPOSED BUDGET. In accordance with Section 189.016, Florida Statutes, the District’s Secretary is further directed to post the approved Proposed Budget on the District’s website at least two (2) days before the budget hearing date as set forth in Section 2, and shall remain on the website for at least forty-five (45) days.

PUBLICATION OF NOTICE. Notice of this public hearing shall be published in the manner prescribed in Florida law.
SEVERABILITY. The invalidity or unenforceability of any one or more provisions of this Resolution shall not affect the validity or enforceability of the remaining portions of this Resolution, or any part thereof.

EFFECTIVE DATE. This Resolution shall take effect immediately upon adoption.

PASSED AND ADOPTED THIS 9TH DAY OF APRIL 2026.

ATTEST:	CYPRESS RIDGE
COMMUNITY DEVELOPMENT DISTRICT

Secretary

By: 	
Its: 	

Exhibit A:	Proposed Budget for Fiscal Year 2027

Cypress Ridge
Community Development District

Proposed Budget
FY2027

Table of Contents

1-2

3-6

7

8-9

	General Fund

	General Fund Narrative

	Debt Service Series 2023

	Amortization Schedule- Debt Service Series 2023

Cypress Ridge
Community Development District
Proposed Budget General Fund

Description	Adopted Budget FY2026	Actuals Thru 2/28/26	Projected Next
7 Months	Projected Thru 9/30/26	Proposed Budget FY2027	

Revenues						

Assessments- Tax Roll	
$	422,352	
$	423,271	
$	-	
$	423,271	
$	581,473	
Assessments- Direct	73,731	55,297	18,434	73,731	75,268	
Developer Contributions	-	-	-	-	28,128	
Total Revenues	$	496,083	$	478,568	$	18,434	$	497,002	$	684,868	

Expenditures						
General & Administrative
Supervisor Fees	
$	6,000	
$	1,600	
$	2,240	
$	3,840	
$	6,000	
FICA Expense	459	122	171	294	459	
Engineering	10,000	-	5,000	5,000	10,000	
Attorney	15,000	7,084	9,917	17,001	15,000	
Annual Audit	3,300	-	3,300	3,300	3,400	
Assessment Administration	5,000	5,000	-	5,000	5,000	
Arbitrage	900	-	900	900	900	
Dissemination	5,250	2,188	3,063	5,250	5,250	
Amortization Schedules	600	1,000	500	1,500	600	
Disclosure Software	1,500	1,500	-	1,500	1,500	
Trustee Fees	8,020	-	8,020	8,020	8,020	
Management Fees	40,124	16,718	23,406	40,124	42,130	
Information Technology	1,947	811	1,136	1,947	2,044	
Website Maintenance	1,298	541	757	1,298	1,363	
Postage & Delivery	600	504	706	1,210	600	
Insurance	6,686	6,163	-	6,163	6,779	
Copies	850	-	250	250	850	
Legal Advertising	2,500	2,327	3,257	5,584	2,500	
Contingency	2,500	767	1,073	1,840	2,500	
Office Supplies	625	8	11	18	625	
Dues, Licenses & Subscriptions	175	175	-	175	175	
Total Administrative	$	113,333	$	46,507	$	63,706	$	110,213	$	115,696	

Operation and Maintenance
Field Expenses
Field Management	

$	15,000	

$	6,250	

$	8,750	

$	15,000	

$	15,750	
Property Insurance	10,000	1,960	-	1,960	9,006	
Landscape Maintenance	125,500	44,250	61,950	106,200	175,000	
Landscape Replacement & Enhancements	5,000	2,500	3,500	6,000	55,000	
Irrigation Repairs	2,500	986	4,500	5,486	15,000	
Lake Maintenance	25,000	8,475	11,865	20,340	30,000	
Electric	5,000	3,470	8,097	11,567	12,000	
Streetlighting	95,000	38,782	54,295	93,077	125,000	
Water Reporting	-	-	1,500	1,500	3,000	
General Field Contingency	10,000	6,322	8,851	15,174	10,000	
Total Field Expenses	$	293,000	$	112,996	$	163,308	$	276,303	$	449,756	

Cypress Ridge
Community Development District
Proposed Budget General Fund

Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Proposed Budget	
Description	FY2026	2/28/26	7 Months	9/30/26	FY2027	

Amenity Expenses
Amenity Management	
$	8,583	
$	2,500	
$	5,833	
$	8,333	
$	12,500	
Amenity - Electric	12,500	2,666	9,100	11,766	12,500	
Amenity- Water	4,167	-	2,500	2,500	4,167	
Internet	2,500	294	350	644	2,000	
Pest Control	1,250	-	-	-	1,250	
Janitorial Services	15,417	-	-	-	-	
Pool Maintenance	22,500	3,500	12,250	15,750	-	
Pool and Janitorial Services	-	-	-	-	25,000	
Security Services	-	-	15,000	15,000	25,000	
Amenity Repairs and Maintenance	8,333	-	2,500	2,500	15,000	
Holiday Lighting	-	-	-	-	7,500	
Contingency	14,500	560	2,500	3,060	14,500	
Total Amenity Expenses	$	89,750	$	9,520	$	50,033	$	59,553	$	119,417	
						
Total Expenditures	$	496,083	$	169,022	$	277,047	$	446,069	$	684,868	

Other Financing Sources/Uses:
Capital Reserve	

$	-	

$	-	

$	-	

$	-	

$	-	
Total Other Financing Sources/Uses	$	-	$	-	$	-	$	-	$	-	
						
Excess Revenues/(Expenditures)	$	-	$	309,546	$  (258,613)	$	50,933	$	0	
						
				Net Assessments	$	656,740	
Discounts and Collections (6%)  $		41,920  Gross Assessments  $	698,660 

Development	
Units	Net
Assessments	Net
Per Unit	Gross
Per Unit	
Single Family	369	$	581,472.64	$	1,575.81	$	1,676.39	
Unplatted Lots - Direct	687	$	75,267.83	$	109.56	$	116.55	
Total	1056	$ 656,740.47			

Development	
Units	FY26 Adopted
Gross Per Unit	FY27 Proposed
Gross Per Unit	
Variance	
Single Family	369	$	1,217.64	$	1,676.39	$	458.75	
Unplatted Lots - Direct	687	$	114.17	$	116.55	$	2.38	

Cypress Ridge
Community Development District
General Fund Budget

Revenues:

Assessments
The District will levy a non-ad valorem assessment on all the assessable property within the District in order to pay for operating expenditures during the fiscal year

Expenditures:

General & Administrative:

Supervisor Fees
Chapter 190, Florida Statutes, allows for each Board member to receive $200 per meeting, not to exceed
$4,800 per year paid to each Supervisor for the time devoted to District business and meetings.

Engineering
The District's engineer provides general engineering services to the District, e.g. attendance and preparation for monthly board meetings, review invoices and various projects as directed by the Board of Supervisors and the District Manager.

Attorney
The District's legal counsel provides general legal services to the District, e.g. attendance and preparation for meetings, preparation and review of agreements, resolutions, etc. as directed by the Board of Supervisors and the District Manager.

Annual Audit
The District is required by Florida Statutes to arrange for an independent audit of its financial records on an annual basis.

Assessment Administration
The District will contract to levy and administer the collection of non-ad valorem assessment on all assessable property within the District.

Arbitrage
The District will contract with an independent certified public accountant to annually calculate the District’s Arbitrage Rebate Liability on the Series 2023 Special Assessment Revenue Bonds.

Dissemination
The District is required by the Security and Exchange Commission to comply with Rule 15c2-12(b)(5) which relates to additional reporting requirements for unrated bond issues. This cost is based upon an anticipated bond issuance.

Trustee Fees
The District will incur trustee related costs with the Series 2023 Special Assessment Revenue Bonds.

Management Fees
The District receives Management, Accounting and Administrative services as part of a Management Agreement with Governmental Management Services-Central Florida, LLC. The services include but are not limited to, recording and transcription of board meetings, administrative services, budget preparation, all financial reports, annual audits, etc.

Cypress Ridge
Community Development District
General Fund Budget

Information Technology
Represents costs related to the District’s information systems, which include but are not limited to video conferencing services, cloud storage services and servers, positive pay implementation and programming for fraud protection, accounting software, tablets for meetings, Adobe, Microsoft Office, etc.

Website Maintenance
Represents the costs associated with monitoring and maintaining the District’s website created in accordance with Chapter 189, Florida Statutes. These services include site performance assessments, security and firewall maintenance, updates, document uploads, hosting and domain renewals, website backups, etc.

Postage & Delivery
The District incurs charges for mailing of Board meeting agenda packages, overnight deliveries, correspondence, etc.

Insurance
The District’s general liability and public official’s liability insurance coverages.

Copies
Printing and Binding agenda packages for board meetings, printing of computerized checks, stationary, envelopes, etc.

Legal Advertising
The District is required to advertise various notices for monthly Board meetings, public hearings, etc. in a newspaper of general circulation.

Contingency
Bank charges and any other miscellaneous expenses incurred during the year.

Office Supplies
Any supplies that may need to be purchased during the fiscal year, e.g., paper, minute books, file folders, labels, paper clips, etc.

Dues, Licenses & Subscriptions

The District is required to pay an annual fee to the Florida Department of Economic Opportunity for
$175. This is the only expense under this category for the District.

Operations & Maintenance:

Field Expenses

Field Management
Represents the cost for onsite field management of contracts for the District such as landscape and lake maintenance. Services include onsite inspections, meetings with contractors, monitoring of utility accounts, attend Board meetings and receive and respond to property owner phone calls and emails.

Property Insurance
The District’s property insurance coverage is provided by Florida Insurance Alliance (FIA). FIA specializes in providing insurance coverage to governmental agencies.

Cypress Ridge
Community Development District
General Fund Budget

Landscape Maintenance
Represents the estimated cost provide for maintenance of the landscaping within the District. These services include mowing, edging, trimming, weed and disease control, fertilization, pest control, pruning, and irrigation inspections.

Landscape Replacement
Represents the estimated cost of replacing landscaping within the common areas of the District.

Irrigation Repairs
Represents the cost of maintaining and repairing the irrigation system. This includes the sprinklers, and irrigation wells.

Lake Maintenance
Represents the estimated cost for the care and maintenance of its lakes which includes shoreline grass, brush and vegetation control.

Electric
Represents current and estimated electric charges of common areas throughout the District.

Streetlights
Represents the cost to maintain street lights within the District Boundaries that are expected to be in place throughout the fiscal year.

Water Reporting
The District is in contract with Ballanger Landcare to provide monthly monitoring and reporting of irrigation well flow meter readings in compliance with SWFWMD water use permit (WUP) requirements.

General Field Contingency
Represents funds allocated to expenses that the District could incur throughout the fiscal year for any field category.

Amenity Expenses

Amenity Management
Amenity Management provides access card issuance through registration, proof of residency, and photo identification. The team also provides keycard troubleshooting for issues and concerns related to access control. Staff reviews security concerns and amenity policy violations via remote camera monitoring on an as-needed basis. Districts are provided electronic communication for District news and direct remote customer service through phone and email directly to the Amenity Access Team.

Amenity - Electric
Represents estimated electric charges for the District’s amenity facility.

Amenity – Water
Represents estimated water charges for the District’s amenity facility.

Internet
Represents the cost of internet service for the amenity facility.

Pest Control
The District will incur costs for pest control treatments to its amenity facilities.

Cypress Ridge
Community Development District
General Fund Budget

Pool and Janitorial Services
The District is in contact with H2 Pool Service to provide pool cleaning and janitorial services 3 times a week. The services include, but are not limited to, pool cleaning, restroom cleaning, pool deck services and monthly pressure washing.

Security Services
The District is in contract with Nation Security Services to provide security services for the amenity properties a minimum or 16 hours a week.

Amenity Repairs & Maintenance
Represents estimated costs for repairs and maintenance of the District’s amenity facilities and equipment.

Holiday Lighting
Represents funds allocated to decorate the amenity areas for the holidays.

Contingency
Represents funds allocated to expenses that the District could incur throughout the fiscal year that do not fit into any amenity category.

Cypress Ridge
Community Development District
Proposed Budget
Series 2023 Debt Service Fund

Description	Adopted Budget FY2026	Actuals Thru 2/28/26	Projected Next
7 Months	Projected Thru 9/30/26	Proposed Budget FY2027	

Revenues						
Assessments - Direct	$	824,642	$	826,439	$	-	$	826,439	$	409,727	
Assessments- Prepayment	$	-	$  1,586,729	$	150,000	$  1,736,729		
Interest	$	-	$	27,764	$	38,870	$	66,634	$	-	
Carry Forward Surplus	$	450,873	$  1,181,051	$	-	$  1,181,051	$	957,075	
Total Revenues	$ 1,275,514	$ 3,621,983	$	188,870	$ 3,810,853	$ 1,366,802	

Expenditures						
Interest Expense - 11/1	$	335,000	$	335,000	$	-	$	335,000	$	281,072	
Special Call - 11/1	$	-	$	-	$	430,000	$	430,000	$	-	
Principal Expense - 5/1	$	185,000	$	-	$	155,000	$	155,000	$	160,000	
Interest Expense - 5/1	$	335,000	$	-	$	284,850	$	284,850	$	281,072	
Interest Expense - 2/1	$	-	$	18,928	$	-	$	18,928	$	-	
Special Call - 2/1	$	-	$  1,330,000	$	-	$  1,330,000	$	-	
Special Call - 5/1	$	-	$	-	$	300,000	$	300,000	$	-	
Total Expenditures	$	855,000	$	1,683,928	$	1,169,850	$	2,853,778	$	722,144	

Other Financing Sources/(Uses)
Transfer In/(Out)	

$	

-	

$	

-	

$	

-	

$	

-	

$	

-	
Total Other Financing Sources/(Uses)	$	-	$	-	$	-	$	-	$	-	
											
Excess Revenues/(Expenditures)	$	420,514	$	1,938,055	$	(980,980)	$	957,075	$	644,659	

Interest Expense 11/1/27	 $	277,172 
Total	$	277,172

Development	
Units	Net
Assessments	Net
Per Unit	Gross
Per Unit	
Single Family 40'	77	$	159,540.15	$	2,071.95	$	2,204.20	
Single Family 50'	87	$	225,323.91	$	2,589.93	$	2,755.25	
Single Family 60'	8	$	24,863.36	$	3,107.92	$	3,306.30	
Total	172	$ 409,727.42			

Cypress Ridge
Community Development District Special Assessment Revenue Bond, Series 2023

Period Ending	Principal Balance		Annual Principal	
Interest Rate	
Interest	Annual Debt	
							
11/01/26	$9,845,000			4.875%	$281,071.88	$281,071.88	
05/01/27	$9,845,000	$	160,000.00	4.875%	$281,071.88		
11/01/27	$9,685,000			4.875%	$277,171.88	$718,243.76	
05/01/28	$9,685,000	$	170,000.00	4.875%	$277,171.88		
11/01/28	$9,515,000			4.875%	$273,028.13	$720,200.01	
05/01/29	$9,515,000	$	180,000.00	4.875%	$273,028.13		
11/01/29	$9,335,000			4.875%	$268,640.63	$721,668.76	
05/01/30	$9,335,000	$	190,000.00	4.875%	$268,640.63		
11/01/30	$9,145,000			5.625%	$264,009.38	$722,650.01	
05/01/31	$9,145,000	$	200,000.00	5.625%	$264,009.38		
11/01/31	$8,945,000			5.625%	$258,384.38	$722,393.76	
05/01/32	$8,945,000	$	210,000.00	5.625%	$258,384.38		
11/01/32	$8,735,000			5.625%	$252,478.13	$720,862.51	
05/01/33	$8,735,000	$	220,000.00	5.625%	$252,478.13		
11/01/33	$8,515,000			5.625%	$246,290.63	$718,768.76	
05/01/34	$8,515,000	$	235,000.00	5.625%	$246,290.63		
11/01/34	$8,280,000			5.625%	$239,681.26	$720,971.89	
05/01/35	$8,280,000	$	250,000.00	5.625%	$239,681.26		
11/01/35	$8,030,000			5.625%	$232,650.01	$722,331.27	
05/01/36	$8,030,000	$	260,000.00	5.625%	$232,650.01		
11/01/36	$7,770,000			5.625%	$225,337.51	$717,987.52	
05/01/37	$7,770,000	$	280,000.00	5.625%	$225,337.51		
11/01/37	$7,490,000			5.625%	$217,462.51	$722,800.02	
05/01/38	$7,490,000	$	295,000.00	5.625%	$217,462.51		
11/01/38	$7,195,000			5.625%	$209,165.63	$721,628.14	
05/01/39	$7,195,000	$	310,000.00	5.625%	$209,165.63		
11/01/39	$6,885,000			5.625%	$200,446.88	$719,612.51	
05/01/40	$6,885,000	$	330,000.00	5.625%	$200,446.88		
11/01/40	$6,555,000			5.625%	$191,165.63	$721,612.51	
05/01/41	$6,555,000	$	350,000.00	5.625%	$191,165.63		
11/01/41	$6,205,000			5.625%	$181,321.88	$722,487.51	
05/01/42	$6,205,000	$	370,000.00	5.625%	$181,321.88		
11/01/42	$5,835,000			5.625%	$170,915.63	$722,237.51	
05/01/43	$5,835,000	$	390,000.00	5.625%	$170,915.63		
11/01/43	$5,445,000			5.625%	$159,946.88	$720,862.51	
05/01/44	$5,445,000	$	415,000.00	5.875%	$159,946.88		
11/01/44	$5,030,000			5.875%	$147,756.25	$722,703.13	
05/01/45	$5,030,000	$	435,000.00	5.875%	$147,756.25		

Cypress Ridge
Community Development District Special Assessment Revenue Bond, Series 2023

Period Ending	Principal Balance	Annual Principal	
Interest Rate	
Interest	Annual Debt	

11/01/45	
$4,595,000		
5.875%	
$134,978.13	
$717,734.38	
05/01/46	$4,595,000  $	465,000.00	5.875%	$134,978.13		
11/01/46	$4,130,000		5.875%	$121,318.75	$721,296.88	
05/01/47	$4,130,000  $	490,000.00	5.875%	$121,318.75		
11/01/47	$3,640,000		5.875%	$106,925.00	$718,243.75	
05/01/48	$3,640,000  $	520,000.00	5.875%	$106,925.00		
11/01/48	$3,120,000		5.875%	$91,650.00	$718,575.00	
05/01/49	$3,120,000  $	555,000.00	5.875%	$91,650.00		
11/01/49	$2,565,000		5.875%	$75,346.88	$721,996.88	
05/01/50	$2,565,000  $	585,000.00	5.875%	$75,346.88		
11/01/50	$1,980,000		5.875%	$58,162.50	$718,509.38	
05/01/51	$1,980,000  $	620,000.00	5.875%	$58,162.50		
11/01/51	$1,360,000		5.875%	$39,950.00	$718,112.50	
05/01/52	$1,360,000  $	660,000.00	5.875%	$39,950.00		
11/01/52	$700,000		5.875%	$20,562.50	$720,512.50	
05/01/53	$700,000  $	700,000.00	5.875%	$20,562.50		
11/01/53					$720,562.50	
Total	$	9,845,000.00		$9,891,637.74	$19,736,637.74	

Section V

Section C

Item will be provided under separate cover.

Section D

Section 1

Cypress Ridge Community Development District

Summary of Check Register

February 1, 2026 to February 28, 2026

Fund	Date	Check No.'s	Amount		

General Fund	

2/10/26	

230-231	$		

2,192.84	
	2/24/26	2232-236	$	23,740.50	
	2/25/26	237	$		4,256.13	
		
Subtotal	 $	30,189.47 	
General Fund - Auto Pay					
	2/28/26	8007-8008	 $	11,493.58 	
		Subtotal	 $	11,493.58 	
		Total Amount	$	41,683.05	

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	4/01/26	PAGE	1
*** CHECK DATES 02/01/2026 - 02/28/2026 ***	CYPRESS RIDGE GENERAL FUND
BANK A CYPRESS RIDGE GF
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
2/10/26 00024	1/26/26 5	202601 310-51300-31350	*	500.00
AMORTIZATION SCHEDULE
DISCLOSURE SERVICES LLC	500.00 000230
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/10/26 00014	1/15/26 13977	202512 310-51300-31500	*	1,692.84
ATTORNEY FEES
KILINSKI VAN WYK PLLC	1,692.84 000231
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/10/26 00028	1/31/26 118951	202602 320-53900-46100	*	1,695.00
FEB LAKE MAINT
REMSON AQUATICS LLC	1,695.00 000232
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/24/26 00022	2/18/26 28470	202602 320-53900-47100	*	8,850.00
FEB LANDSCAPE MAINT
2/18/26 28484	202602 320-53900-49100	*	986.23
IRR RPRS
2/19/26 28485	202602 320-53900-47100	*	2,500.00
BUSH HOG

-	- -	-	-	-	-	-	- - - - -	
	*						1,930.00	

CARDINAL LANDSCAPING	12,336.23 000233

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/24/26 00033 10/31/25 1	202510 320-53900-49100
POND CLEANUP
1/30/26 3	202601 320-53900-49100	*	560.00
AMENITY OPENING SIGN
1/30/26 4	202601 320-53900-49100	*	200.55
STOP SIGN STRAIGHTENING
1/30/26 5	202601 320-53900-49100	*	220.63
KEY BOX

- - - - - - - -

GOVERNMENTAL MANAGEMENT SERVICES TA	2,911.18 000234

2/24/26 00002	2/01/26	
	2/01/26	
	2/01/26	
	2/01/26	
	2/01/26	

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
121	202602 320-53900-34000	*	1,250.00

310-51300-34000	*	3,343.67	
310-51300-35200	*	108.17	

FIELD MGMT
122	202602
MGMT FEES
122	202602
WEBSITE ADMIN
122	202602 310-51300-35100	*	162.25
INFORMATION TECH
122	202602 310-51300-31300	*	437.50
DISS AGENT
GOVERNMENTAL MANAGEMENT SERVICES	5,301.59 000235
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/24/26 00014	2/16/26 14169	202601 310-51300-31500	*	1,496.50
ATTORNEY FEES
KILINSKI VAN WYK PLLC	1,496.50 000236
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
CRCD CYPRESS RIDGE	LPOPELKA

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	4/01/26	PAGE	2
*** CHECK DATES 02/01/2026 - 02/28/2026 ***	CYPRESS RIDGE GENERAL FUND
BANK A CYPRESS RIDGE GF
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
2/25/26 00025	9/25/25 7906282	202509 310-51300-31700	*	4,256.13
TRUSTEE FEES
U.S. BANK	4,256.13 000237
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
TOTAL FOR BANK A	30,189.47
TOTAL FOR REGISTER	30,189.47

CRCD CYPRESS RIDGE	LPOPELKA

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	4/01/26	PAGE	1
*** CHECK DATES 02/01/2026 - 02/28/2026 ***	CYPRESS RIDGE GENERAL FUND

CHECK	VEND# DATE	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS	STATUS		AMOUNT	....CHECK..... AMOUNT	#	
2/28/26 00034	3/01/26 FRONT FE 202602 330-57200-41000
FRONTIER COMMUNICATIONS	*		49.99	
49.99 008007	
- - - - - - - - 2/28/26 00030	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/01/26 TECO FEB 202602 320-53100-43000
3/01/26 TECO FEB 202602 320-53100-43100	- - - - - - -
*
*	- - - -	- - - - - -

7,692.87	- - - - - - - -	
	FEB26 STREETLIGHTING
3/01/26 TECO FEB 202602 330-57200-43000	*		2,665.86		
	FEB26 AMENITY ELECTRIC
TECO ELECTRIC				11,443.59 008008	
- - - - - - - -	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	- - - - - - -	- - - -	- - - - - -	- - - - - - - -	
	TOTAL FOR	BANK Z		11,493.58		
	TOTAL FOR	REGISTER		11,493.58		

BANK Z CYPRESS AUTOPAY

FEB26 AMENITY INTERNET

FEB26 FIELD ELECTRIC SVC

1,084.86

CRCD CYPRESS RIDGE	LPOPELKA

Section 2

Cypress Ridge
Community Development District

Unaudited Financial Reporting
February 28, 2026

	Table of Contents	

1	
Balance Sheet	

2-3	

General Fund	

4	

Debt Service - Series 2023	

5	

Capital Projects Fund	

6-7	

Month to Month	

8	

Long Term Debt Report	

9	

Assessment Receipt Schedule	

Cypress Ridge
Community Development District Combined Balance Sheet February 28, 2026

General
Fund

Debt Service
Fund

Capital Projects
Fund

Total
Governmental Fund

Assets:
Operating Account

$	332,945	$	-	$

-	$	332,945

Due From Developer	-		-	3,373	3,373 Due from General Fund	-	9,126		-	9,126 Prepaid Items	-		-		-		-
Investments:	-	-
Series 2023
Reserve	-	361,400	-	361,400
Revenue	-	891,614	-	891,614
Interest	-	-	-	-
Prepayment	-	655,208	-	655,208
Construction	-	-	255	255
Cost of Issuance	-	-	-	-

Total Assets	$	332,945	$	1,917,347	$	3,628	$	2,253,920	
Liabilities:
Accounts Payable	$	13,778	$	-	$	-	
$	13,778	
Accrued Expenses	$	2,500	-	-	2,500	
Retainage Payable	-	-	-	-	
Due To Debt Service	9,126	-	-	9,126	
FICA Payable	92	-	-	92	
Federal Witholding	50	-	-	50	
Developer Advance	-	-	-	-	
Deferred Revenue	-	-	-	-	
Total Liabilities	$	25,545	$	-	$	-	$	25,545	

Fund Balances:					
Nonspendable:					
Deposits and Prepaid Items	$	-	$	-	$	-	$	-	
Restricted for:					
Debt Service	-	1,917,347	-	1,917,347	
Capital Projects	-	-	3,628	3,628	
Unassigned	307,400	-	-	307,400	
Total Fund Balances	$	307,400	$	1,917,347	$	3,628	$	2,228,375	
					
Total Liabilities & Fund Balance	$	332,945	$	1,917,347	$	3,628	$	2,253,920	

Cypress Ridge
Community Development District General Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending February 28, 2026

	Adopted	Prorated Budget	Actual		
	Budget	Thru 02/28/26	Thru 02/28/26	Variance	

Revenues					
Assessments- Tax Roll	$	422,352	$	422,352	$	423,271	$	919	
Assessments- Direct	73,731	55,297	$	55,297	-	
Total Revenues	$	496,083	$	477,649	$	478,568	$	919	

Expenditures:					
General & Administrative:					
Supervisor Fees	$	6,000	$	2,500	$	1,600	$	900	
FICA Expense	459	191	122	69	
Engineering	10,000	4,167	-	4,167	
Attorney	15,000	6,250	7,084	(834)	
Annual Audit	3,300	1,375	-	1,375	
Assessment Administration	5,000	5,000	5,000	-	
Arbitrage	900	375	-	375	
Dissemination	5,250	2,188	2,188	-	
Amortization Schedules	600	600	1,000	(400)	
Disclosure Software	1,500	1,500	1,500	-	
Trustee Fees	8,020	3,342	-	3,342	
Management Fees	40,124	16,718	16,718	(0)	
Information Technology	1,947	811	811	(0)	
Website Maintenance	1,298	541	541	(0)	
Postage & Delivery	600	600	504	96	
Insurance	6,686	6,686	6,163	523	
Copies	850	354	-	354	
Legal Advertising	2,500	2,500	2,327	174	
Contingency	2,500	1,042	767	275	
Office Supplies	625	260	8	253	
Dues, Licenses & Subscriptions	175	175	175	-	
Total General & Administrative	$	113,333	$	57,174	$	46,507	$  10,668	

Cypress Ridge
Community Development District General Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending February 28, 2026

	Adopted	Prorated Budget	Actual		
	Budget	Thru 02/28/26	Thru 02/28/26	Variance	

Operations & Maintenance					
Field Expenses					
Field Management	$	15,000	$	6,250	$	6,250	$	-	
Property Insurance	10,000	10,000	1,960	8,040	
Landscape Maintenance	125,500	52,292	44,250	8,042	
Landscape Replacement & Enhancements	5,000	5,000	2,500	2,500	
Irrigation Repairs	2,500	1,042	986	55	
Lake Maintenance	25,000	10,417	8,475	1,942	
Electric	5,000	2,083	3,470	(1,387)	
Streetlighting	95,000	39,583	38,782	801	
General Field Contingency	10,000	10,000	6,322	3,678	
Total Field Operations	$	293,000	$	136,667	$	112,996	$  23,671	

Amenity Expenses					
Amenity Management	$	8,583	$	3,576	$	2,500	$	1,076	
Amenity - Electric	12,500	5,208	2,666	2,542	
Amenity- Water	4,167	1,736	-	1,736	
Internet	2,500	1,042	294	748	
Pest Control	1,250	521	-	521	
Janitorial Services	15,417	6,424	-	6,424	
Pool Maintenance	22,500	9,375	3,500	5,875	
Amenity Repairs and Maintenance	8,333	3,472	-	3,472	
Amenity Contingency	14,500	6,042	560	5,482	
Total Amenity	$	89,750	$	37,396	$	9,520	$  27,876	
					
Total Expenditures	$	496,083	$	231,237	$	169,022	$  62,215	
					
Excess (Deficiency) of Revenues over Expenditures	$	-		$	309,546		
					
Fund Balance - Beginning	$	-		$	(2,146)		
					
Fund Balance - Ending	$	-		$	307,400		

Cypress Ridge
Community Development District Debt Service Fund - Series 2023
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending February 28, 2026

	Adopted	Prorated Budget	Actual		
	Budget	Thru 02/28/26	Thru 02/28/26	Variance	
Revenues:					
Assessments - Tax Roll	$	824,642	$	824,642	$	826,439	$	1,798	
Assessments - Prepayments	$	-	$	-	$	1,586,729	$	1,586,729	
Interest	$	-	$	-	$	27,764	$	27,764	
Total Revenues	$	824,642	$	824,642	$	2,440,932	$	1,616,291	

Expenditures:					
Interest Expense - 11/1	$	335,000	$	335,000	$	353,928	$	(18,928)	
Special Call - 11/1	$	-	$	-	$	430,000	$	(430,000)	
Special Call - 2/1	$	-	$	-	$	1,330,000	$	(1,330,000)	
Principal Expense - 5/1	$	185,000	$	-	$	-	$	-	
Interest Expense - 5/1	$	335,000	$	-	$	-	$	-	
Total Expenditures	$	855,000	$	335,000	$	2,113,928	$	(1,778,928)	

Other Financing Sources:					
Transfer In/(Out)	$	-	$	-	$	-	$	-	
Total Other Financing Sources (Uses)	$	-	$	-	$	-	$	-	
					
Excess Revenues (Expenditures)	$	(30,358)		$	327,004		
					
Fund Balance - Beginning	$	450,873		$	1,590,343		
					
Fund Balance - Ending	$	420,514		$	1,917,347		

Cypress Ridge
Community Development District Capital Projects Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending February 28, 2026

	Proposed	Prorated Budget	Actual		
		Budget	Thru 02/28/26	Thru 02/28/26	Variance	

Revenues						
Developer Contributions	$		-	$	1,147,717	$	1,147,717	$	-	
Interest	$		-	$	-	$	1,894	$	1,894	
Total Revenues	$		-	$	1,147,717	$	1,149,610	$	1,894	

Expenditures:						
Contingency Capital Outlay	$
$		-	$	-
-	$	1,293,501	$	-
$	1,293,501	$	-
$	-	
Total Expenditures	$		-	$	1,293,501	$	1,293,501	$	-	

Other Financing Sources:						
Transfer In/(Out)	$		-	$	-	$	(12)	$	(12)	

Total Other Financing Sources (Uses)	$	-	$	-	$	(12)	$	(12)	
	
Excess (Deficiency) of Revenues over Expenditures	$	-	$	(143,902)	

Fund Balance - Beginning	$	-	$	147,530	
			
Fund Balance - Ending	$	-	$	3,628	

Cypress Ridge
Community Development District Month to Month

Oct	Nov	Dec	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Total

Revenues		
Assessments- Tax Roll	$	-	$	75,900	$	342,698	$	2,553	$	2,121	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	423,271	
Assessments- Direct	$	36,864	$	-	$	-	$	-	$	18,432	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	55,297	
Total Revenues	$	36,864	$	75,900	$  342,698	$	2,553	$	20,553	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $  478,568	

Expenditures:							
General & Administrative:							
Supervisor Fees	$	1,000	$	-	$	600	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	1,600	
FICA Expense	$	77	$	-	$	46	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	122	
Engineering	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-	
Attorney	$	1,367	$	1,045	$	1,693	$	1,497	$	1,483	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	7,084	
Annual Audit	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-	
Assessment Administration	$	5,000	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	5,000	
Arbitrage	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-	
Dissemination	$	438	$	438	$	438	$	438	$	438	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	2,188	
Amortization Schedules	$	500	$	-	$	-	$	500	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	1,000	
Disclosure Software	$	1,500	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	1,500	
Trustee Fees	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-	
Management Fees	$	3,344	$	3,344	$	3,344	$	3,344	$	3,344	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	16,718	
Information Technology	$	162	$	162	$	162	$	162	$	162	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	811	
Website Maintenance	$	108	$	108	$	108	$	108	$	108	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	541	
Postage & Delivery	$	222	$	114	$	108	$	60	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	504	
Insurance	$	6,163	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	6,163	
Copies	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-	
Legal Advertising	$	-	$	2,327	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	2,327	
Contingency	$	48	$	211	$	303	$	151	$	53	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	767	
Office Supplies	$	-	$	3	$	3	$	3	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	8	
Dues, Licenses & Subscriptions	$	175	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	175	
Total General & Administrative:	$	20,104	$	7,750	$	6,803	$	6,262	$	5,588	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	46,507	

Cypress Ridge
Community Development District Month to Month

Oct	Nov	Dec	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Total

Operation and Maintenance
Field Expenditures
Field Management	

$	1,250	

$	1,250	

$	1,250	

$	1,250	

$	1,250	

$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	6,250	
Property Insurance	$	1,960	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	1,960	
Landscape Maintenance	$	8,850	$	8,850	$	8,850	$	8,850	$	8,850	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	44,250	
Landscape Replacement & Enhancements	$	-	$	-	$	-	$	-	$	2,500	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	2,500	
Irrigation Repairs	$	-	$	-	$	-	$	-	$	986	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	986	
Lake Maintenance	$	1,695	$	1,695	$	1,695	$	1,695	$	1,695	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	8,475	
Electric	$	-	$	-	$	1,417	$	969	$	1,085	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	3,470	
Streetlighting	$	7,807	$	7,807	$	7,738	$	7,738	$	7,693	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	38,782	
General Field Contingency	$	1,930	$	-	$	3,971	$	421	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	6,322	
Total Field Expenditures:	$	23,492	$	19,602	$	24,921	$	20,923	$	24,059	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $  112,996	

Amenity Expenditures
Amenity Management	

$	-	

$	-	

$	833	

$	833	

$	833	

$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	2,500	
Amenity - Electric	$	-	$	-	$	-	$	-	$	2,666	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	2,666	
Amenity- Water	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-	
Internet	$	-	$	-	$	-	$	244	$	50	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	294	
Pest Control	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-	
Janitorial Services	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-	
Pool Maintenance	$	-	$	-	$	-	$	1,750	$	1,750	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	3,500	
Amenity Repairs and Maintenance	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-	
Amenity Contingency	$	-	$	-	$	-	$	560	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	560	
Total Amenity Expenditures	$	-	$	-	$	833	$	3,387	$	5,299	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	9,520	
							
Total Expenditures	$	43,596	$	27,352	$	32,557	$	30,572	$	34,946	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $  169,022	
							
Excess (Deficiency) of Revenues over Expenditures	$	(6,731)	$	48,548	$	310,141	$	(28,019)	$	(14,393)	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	309,546	

Cypress Ridge
Community Development District Long Term Debt Report

SERIES 2023, SPECIAL ASSESSMENT REVENUE BONDS

Interest Rate:	4.875%, 5.625%, 5.875%
Maturity Date:	5/1/2053
Reserve Fund Definition	50% Maximum Annual Debt Service Reserve Fund Requirement		$361,400
Reserve Fund Balance	$361,400

Bonds Outstanding - 08/30/23	$13,000,000 LESS: Principal Payment - 05/01/24		($180,000)
LESS: Principal Payment - 02/01/25	($50,000)
LESS: Principal Payment - 05/01/25	($185,000)
LESS: Principal Payment - 05/1/25	($170,000)
LESS: Principal Payment - 08/1/25	($655,000)
LESS: Special Call - 11/1/25	($430,000)
LESS: Special Call - 2/1/26	($1,330,000)	
CURRENT BONDS OUTSTANDING	$10,000,000	

8

Cypress Ridge
COMMUNITY DEVELOPMENT DISTRICT
Special Assessment Receipts Fiscal Year 2026

	Gross Assessments	$  449,309.16	$ 877,278.27	$ 1,326,587.43	
	Net Assessments	$  422,350.61	$ 824,641.57	$ 1,246,992.18	
ON ROLL ASSESSMENTS		
33.87%	
66.13%	
100.00%	

Date	
Distribution	
Gross Amount	
Discoumt/Penalty	
Commission	
Interest	
Net Receipts	
O&M Portion	2023 Debt Service	
Total	

11/7/24	
11/01/2025-11/09/2025	
$25,167.13	
($1,006.69)	
($483.21)	
$0.00	
$23,677.23	
$8,019.37	
$15,657.86	
$23,677.23	
11/20/24	11/10/2025-11/16/2025	$213,028.62	($8,521.30)	($4,090.15)	$0.00	$200,417.17	$67,880.39	$132,536.78	$200,417.17	
12/03/25	11/17/2025-11/25/2025	$900,634.26	($36,026.28)	($17,292.15)	$0.00	$847,315.83	$286,982.04	$560,333.79	$847,315.83	
12/04/25	11/26/2025-11/30/2025	$135,291.37	($5,411.72)	($2,597.60)	$0.00	$127,282.05	$43,109.85	$84,172.20	$127,282.05	
12/18/25	12/01/2025-12/14/2025	$39,425.41	($1,446.62)	($759.57)	$0.00	$37,219.22	$12,605.98	$24,613.24	$37,219.22	
01/09/26	12/15/2025-12/31/2025	$6,520.32	($195.61)	($126.50)	$0.00	$6,198.21	$2,099.31	$4,098.90	$6,198.21	
01/16/26	Interest	$1,338.97	$0.00	$0.00	$0.00	$1,338.97	$453.50	$885.47	$1,338.97	
02/04/26	01/01/2026-01/31/2026	$6,520.32	($130.40)	($127.80)	$0.00	$6,262.12	$2,120.95	$4,141.17	$6,262.12	

100.22%
0

Net Percent Collected
Balance Remaining to Collect

TOTAL	$  1,327,926.40  $	(52,738.62)  $ (25,476.98)  $	-	$  1,249,710.80  $  423,271.39  $ 826,439.41  $ 1,249,710.80

Land South Equities LLC 2026-01		
Net Assessments	
$	73,728.71	
$	55,296.53	
Date
Received	Due
Date	Check
Number	Net
Assessed	Amount
Received	General
Fund	
10/14/25	10/1/25	20982	$ 36,864.35	$	36,864.35	$	36,864.35	
	2/1/26	25052	$ 18,432.18	$	18,432.18	$	18,432.18	
	5/1/26		$ 18,432.18	$	-	$	-	
			$ 73,728.71	$	55,296.53	$	55,296.53	

9