Lake Lizzie
Community Development District Agenda
May 7, 2025

Agenda

Lake Lizzie
Community Development District
219 E. Livingston Street, Orlando, FL 32801 Phone: 407-841-5524 – Fax: 407-839-1526
April 30, 2025 Board of Supervisors
Lake Lizzie Community Development District
Dear Board Members:

The regular meeting of the Board of Supervisors of the Lake Lizzie Community Development District will be held Wednesday, May 7, 2025, at 1:00 PM at the West Osceola Branch Library, 305 Campus St., Celebration, Florida. Following is the advance agenda for the regular meeting:

Board of Supervisors Meeting

Roll Call
Public Comment Period
Approval of Minutes of the February 5, 2025, Board of Supervisors Meeting
Consideration of Resolution 2025-06 Approving the Fiscal Year 2026 Proposed Budget and Setting a Public Hearing to Adopt
Staff Reports
Attorney
Engineer
Field Manager
District Manager’s Report
Approval of Check Register
Balance Sheet & Income Statement
Presentation of Registered Voters- 33
Other Business
Supervisors Requests
Adjournment

Minutes

MINUTES OF MEETING LAKE LIZZIE
COMMUNITY DEVELOPMENT DISTRICT

The regular meeting of the Board of Supervisors of the Lake Lizzie Community Development District was held Wednesday, February 5, 2025 at 12:30 p.m. at the West Osceola Library, 305 Campus Street, Celebration, Florida.

Present and constituting a quorum:
Tony Iorio	Chairman
Doug Beasley	Vice Chairman
Rocky Owen	Assistant Secretary Also present were:
Tricia Adams	District Manager, GMS
Michelle Rigoni by phone	District Counsel
Alan Scheerer	Field Manager
Pete Glasscock by phone	District Engineer

FIRST ORDER OF BUSINESS	Roll Call
Ms. Adams called the meeting to order and called the roll. Three Board members were present in person constituting a quorum.

SECOND ORDER OF BUSINESS	Public Comment Period
There were no members of the public present for the meeting and there were no members on the Zoom line.

THIRD ORDER OF BUSINESS	Approval of Minutes of the December 4,
2024, Board of Supervisors Meeting
Ms. Adams presented the minutes from the December 4, 2024, Board of Supervisors meeting. She noted the minutes have been reviewed by staff. She asked the Board for any changes to the minutes. There being no changes to the minutes, Ms. Adams asked for a motion to approve.

February 5, 2025	Lake Lizzie CDD

On MOTION by Mr. Beasley, seconded by Mr. Owen, with all in favor, the Minutes of the December 4, 2024, Board of Supervisors Meeting, were approved

FOURTH ORDER OF BUSINESS	Consideration of Acquisition of Phase 1
Landscape, Hardscape and Irrigation Improvements
Ms. Adams noted on page 12 of the agenda package is a description of the improvements to be acquired and it articulates the landscape as well as the hardscape. She explained that Ms. Rigoni and her team put together an acquisition packet to document the conveyance from the developer to Lake Lizzie CDD.
Ms. Rigoni reviewed and explained the documents included in the agenda package for the acquisition of Phase 1 landscape, hardscape and irrigation improvements. She noted the acquisition was by donation.

On MOTION by Mr. Beasley, seconded by Mr. Owen, with all in favor, the Acquisition of Phase 1 Landscape, Hardscape and Irrigation Improvements, was approved.

FIFTH ORDER OF BUSINESS	Ratification of Amendment to Landscape
Agreement
Ms. Adams explained that on page 59 of the agenda package is an amendment to their Landscape Service Agreement. She explained that the District entered into a Landscape Service Agreement with Yellowstone at the beginning of the fiscal year. She pointed out that there was some cost savings by moving to an agreement with Yellowstone. Subsequent to that, they identified some additional property that the District intended to maintain. That property has been added to the agreement.
Ms. Adams stated the Board reviewed the proposal for that in December. Once the Board approved the proposal, District Counsel, Ms. Rigoni, put together the agreement. The pricing is effective January 1, 2025 and Mr. Scheerer has been auditing the invoice to be sure that the invoices are in accordance with the agreement. She stated the agreement was executed and they are looking for a motion to ratify the amendment to the Landscape Agreement.

February 5, 2025	Lake Lizzie CDD

On MOTION by Mr. Iorio, seconded by Mr. Beasley, with all in favor, the Amendment to Landscape Agreement, was ratified.

SIXTH ORDER OF BUSINESS	Staff Reports
Attorney
Stormwater Ratification Bill O&M Requirements Memo
Ms. Rigoni reviewed the stormwater O&M requirements memorandum. Ms. Adams noted that the District engineer did receive a copy by electronic mail of the memorandum at the request of Kutak Rock.

Engineer
There being no comments, the next item followed.

Field Manager
Mr. Scheerer presented the field manager report and discussed the landscape contract. He noted that they are still dealing with the transfer of the utilities. He also noted there is a meter that doesn’t match any of the invoicing that they received. He stated he received some updated invoices yesterday. After this meeting, he is going back out there to try and get those three meters located and to get those invoices separated and pulled out from the group.

District Manager’s Report
Approval of Check Register
Ms. Adams presented the check register out of the general fund from November 1, 2024, to November 30, 2024, with a total amount of $6,454.

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

Balance Sheet & Income Statement
Ms. Adams presented the balance sheet that is included in the agenda packet. No action was required at this time.

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

February 5, 2025	Lake Lizzie CDD

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

NINTH ORDER OF BUSINESS	Adjournment
Ms. Adams asked for a motion to adjourn.

On MOTION by Mr. Beasley, seconded by Mr. Owen, with all in favor, the meeting was adjourned.

Secretary/Assistant Secretary	Chairman/Vice Chairman

Section IV

RESOLUTION 2025-06
[FY 2026 BUDGET APPROVAL RESOLUTION]

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE LAKE LIZZIE COMMUNITY DEVELOPMENT DISTRICT APPROVING PROPOSED BUDGET(S) FOR FY 2026; SETTING A PUBLIC HEARING THEREON AND DIRECTING PUBLICATION; ADDRESSING TRANSMITTAL AND POSTING REQUIREMENTS; ADDRESSING SEVERABILITY AND EFFECTIVE DATE.
WHEREAS, for the fiscal year beginning October 1, 2025, and ending September 30, 2026 (“FY 2026”), the District Manager prepared and submitted to the Board of Supervisors (“Board”) of the Lake Lizzie Community Development District (“District”) prior to June 15, 2025, the proposed budget(s) attached hereto as Exhibit A (“Proposed Budget”); and

WHEREAS, the Board now desires to set the required public hearing on the Proposed Budget.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE LAKE LIZZIE COMMUNITY DEVELOPMENT DISTRICT:
PROPOSED BUDGET APPROVED. The Proposed Budget attached hereto as
Exhibit A is hereby approved preliminarily.

SETTING A PUBLIC HEARING; DIRECTING PUBLICATION. A public
hearing on said approved Proposed Budget is hereby declared and set for the following date, time, and location, and District staff is directed to provide notice of the same in accordance with Florida law:

DATE:	August 6, 2025	
TIME:	12:30 PM	
LOCATION:	West Osceola Branch Library 305 Campus Street
Celebration, FL 34747	

TRANSMITTAL TO LOCAL GENERAL PURPOSE GOVERNMENT;
POSTING OF PROPOSED BUDGET. The District Manager is hereby directed to (i) submit a copy of the Proposed Budget to the applicable local general-purpose government(s) at least 60 days prior to its adoption, and (ii) post the approved Proposed Budget on the District’s website in accordance with Chapter 189, Florida Statutes.
SEVERABILITY; EFFECTIVE DATE. 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.  This Resolution shall take effect

immediately upon adoption.
PASSED AND ADOPTED THIS 7th DAY OF MAY 2025.

ATTEST:	LAKE LIZZIE COMMUNITY
DEVELOPMENT DISTRICT

Secretary / Assistant Secretary	Chair/Vice Chair,

Exhibit A:	Proposed Budget

Lake Lizzie
Community Development District

Proposed Budget
FY2026

Table of Contents

1		General Fund	

2-4	
	General Fund Narrative	

5	
	Debt Service - Series 2023	

6	
	Amortization Schedule	

7	
	Debt Service - Series 2023	

8	
	Amortization Schedule	

Lake Lizzie
Community Development District General Fund

	Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Proposed Budget	
Description	FY2025	3/31/25	6 Months	9/30/25	FY2026	

Revenues						
Assessments - On Roll	$	237,611	$	237,149	$	462	$	237,611	$	237,611	
Carryforward	$	-	$	-	$	-	$	-	$	60,286	
Total Revenues	$	237,611	$	237,149	$	462	$	237,611	$	297,897	

Expenditures						
General & Administrative						
Supervisor Fees	$	12,000	$	1,200	$	6,000	$	7,200	$	12,000	
FICA Expense	$	918	$	92	$	459	$	551	$	918	
Engineering	$	15,000	$	300	$	1,500	$	1,800	$	15,000	
Attorney	$	25,000	$	7,766	$	-	$	7,766	$	25,000	
Annual Audit	$	3,900	$	3,900	$	-	$	3,900	$	3,900	
Assessment Administration	$	5,000	$	5,000	$	-	$	5,000	$	5,000	
Arbitrage	$	900	$	450	$	450	$	900	$	900	
Dissemination	$	6,000	$	2,750	$	3,000	$	5,750	$	6,000	
Trustee Fees	$	8,081	$	-	$	8,081	$	8,081	$	8,889	
Management Fees	$	40,000	$	20,000	$	20,000	$	40,000	$	41,200	
Information Technology	$	1,800	$	900	$	900	$	1,800	$	1,854	
Website Maintenance	$	1,200	$	600	$	900	$	1,500	$	1,236	
Telephone	$	300	$	-	$	100	$	100	$	100	
Postage & Delivery	$	1,000	$	156	$	156	$	312	$	1,000	
Insurance	$	6,000	$	5,200	$	-	$	5,200	$	7,201	
Printing & Binding	$	1,000	$	16	$	250	$	266	$	600	
Legal Advertising	$	15,000	$	-	$	2,860	$	2,860	$	5,000	
Contingency	$	5,000	$	647	$	647	$	1,295	$	5,000	
Office Supplies	$	625	$	0	$	100	$	100	$	500	
Travel Per Diem	$	660	$	-	$	150	$	150	$	-	
Dues, Licenses & Subscriptions	$	175	$	175	$	-	$	175	$	175	
Total Administrative	$	149,559	$	49,153	$	45,554	$	94,706	$	141,473	

Operation and Maintenance						
Field Expenditures						
Field Management	$	10,500	$	5,250	$	5,250	$	10,500	$	10,815	
Property Insurance	$	-	$	-	$	-	$	-	$	1,507	
Water & Sewer	$	-	$	-	$	9,120	$	9,120	$	35,040	
Electric	$	-	$	-	$	-	$	-	$	1,500	
Landscape Maintenance	$	30,000	$	18,191	$	31,641	$	49,832	$	63,282	
Pond Maintenance	$	12,000	$	3,414	$	3,414	$	6,828	$	8,280	
Pressure Washing	$	-	$	-	$	-	$	-	$	1,500	
Midge Management	$	-	$	-	$	-	$	-	$	16,500	
Contingency	$	35,552	$	-	$	17,776	$	17,776	$	18,000	
Total Field Expenditures	$	88,052	$	26,855	$	67,201	$	94,055	$	156,424	
						
Total Expenditures	$	237,611	$	76,007	$	112,754	$	188,761	$	297,897	

Excess Revenues/(Expenditures)

$

-  $

161,142  $	(112,293)  $

48,849  $

-

Product

Total ERU

Assessable Units

ERU/Unit

Net Assessment

Net Per Unit

Gross Per Unit

Single Family 34'	39	52	0.75	$31,097	$598.01	$636.18	
Single Family 50'	259	259	1.00	$206,514	$797.35	$848.25	
Total ERU's	298	311		$237,611			

Lake Lizzie
Community Development District
General Fund Narrative

Revenues:

Assessments

The District will levy a non-ad valorem assessment on all the assessable property within the District in order to pay for the 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.

FICA Expenditures

Represents the Employer’s share of Social Security and Medicare taxes withheld from Board of Supervisors checks.

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 Bonds and any additional bond issuance.

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.

Trustee Fees

The District will pay annual trustee fees for Revenue Bonds that are deposited with a Trustee.

Lake Lizzie
Community Development District
General Fund Narrative

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.

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 with Governmental Management Services – Central Florida, LLC 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.

Telephone

Telephone and fax machine.

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.

Printing & Binding

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.

Lake Lizzie
Community Development District
General Fund Narrative

Operations and Maintenance:
Field Expenditures

Field Management

Represents the estimated costs of contracting services that provide onsite field management of contracts for the District such as landscape and lake maintenance. Services can 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.

Water & Sewer

Represents current and estimated costs for water and refuse services provided for common areas throughout the District.

Electric

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

Landscape Maintenance

The District has a contract with Yellowstone Landscape to maintain the landscaping located within the District. These services include monthly landscape maintenance such as mowing of turf areas, pruning and trimming, plant bed weed control, fertilization and irrigation inspections.

Pond Maintenance

Represents Pond maintenance for the District.

Pressure Washing

To record expenses related to the pressure washing of various areas of the District.

Midge Management

Recorded expense for midge control services to address insect infestation around the property. This treatment is part of ongoing pest management efforts to maintain a safe and comfortable environment for residents and visitors.

Contingency

Represents any additional field expense that may not have been provided for in the budget.

Lake Lizzie
Community Development District Debt Service Fund
Series 2023

	Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Proposed Budget	
Description	FY2025	3/31/25	6 Months	9/30/25	FY2026	

Revenues						
Assessments	$	240,025	$	239,558	$	467	$	240,025	$	240,025	
Interest Income	$	4,811	$	4,227	$	4,227	$	8,453	$	4,227	
Carry Forward Surplus *	$	106,527	$	108,714	$	-	$	108,714	$	118,237	
Total Revenues	$	351,362	$	352,499	$	4,693	$	357,192	$	362,489	

Expenses						
Interest- 11/01	$	91,978	$	91,978	$	-	$	91,978	$	90,740	
Principal - 05/01	$	55,000	$	-	$	55,000	$	55,000	$	55,000	
Interest - 05/01	$	91,978	$	-	$	91,978	$	91,978	$	90,740	
Total Expenditures	$	238,955	$	91,978	$	146,978	$	238,955	$	236,480	
						
Excess Revenues/(Expenditures)	$	112,407	$	260,521	$	(142,284)	$	118,237	$	126,009	

*Carry forward less amount in Reserve funds.	
Series 2023		
Interest - 11/01/26	$89,503	
Net Assessments	$	240,025	
Add: Discounts & Collection 		$15,321  Gross Assessments 	$255,346 

Product *	Assessable Units	Annual Debt Service	Net Per Unit	Gross Per Unit	
Single Family 34'	52	$61,098.98	$1,174.98	$1,249.98	
Single Family 50'	141	$178,926.02	$1,268.98	$1,349.98	
Total ERU's	193	$240,025			

Lake Lizzie Community Development District Series 2023 Special Assessment Bonds
Amortization Schedule

Date	Balance	Prinicpal	Interest	Total

11/01/24	$
05/01/25	$

3,485,000.00	$
3,485,000.00	$

-	$
55,000.00	$

91,977.50  $
91,977.50

235,080.00

11/01/25
05/01/26

$
$

3,315,000.00	$
3,250,000.00	$

-	$
55,000.00	$

90,740.00  $
90,740.00

237,717.50

11/01/26	$
05/01/27	$
11/01/27	$
05/01/28	$
11/01/28	$
05/01/29	$
11/01/29	$
05/01/30	$
11/01/30	$
05/01/31	$
11/01/31	$
05/01/32	$
11/01/32	$
05/01/33	$
11/01/33	$
05/01/34	$
11/01/34	$
05/01/35	$
11/01/35	$
05/01/36	$
11/01/36	$
05/01/37	$
11/01/37	$
05/01/38	$
11/01/38	$
05/01/39	$
11/01/39	$
05/01/40	$
11/01/40	$
05/01/41	$
11/01/41	$
05/01/42	$
11/01/42	$
05/01/43	$
11/01/43	$
05/01/44	$
11/01/44	$
05/01/45	$
11/01/45	$
05/01/46	$
11/01/46	$
05/01/47	$
11/01/47	$
05/01/48	$
11/01/48	$
05/01/49	$
11/01/49	$
05/01/50	$
11/01/50	$
05/01/51	$
11/01/51	$
05/01/52	$
11/01/52	$
05/01/53	$

3,250,000.00	$
3,250,000.00	$
3,250,000.00	$
3,250,000.00	$
3,250,000.00	$
3,250,000.00	$
3,185,000.00	$
3,185,000.00	$
3,115,000.00	$
3,115,000.00	$
2,890,000.00	$
2,890,000.00	$
2,890,000.00	$
2,890,000.00	$
2,890,000.00	$
2,890,000.00	$
2,805,000.00	$
2,805,000.00	$
2,715,000.00	$
2,715,000.00	$
2,625,000.00	$
2,625,000.00	$
2,530,000.00	$
2,530,000.00	$
2,430,000.00	$
2,430,000.00	$
2,320,000.00	$
2,320,000.00	$
2,205,000.00	$
2,205,000.00	$
1,960,000.00	$
1,825,000.00	$
1,825,000.00	$
1,825,000.00	$
1,825,000.00	$
1,825,000.00	$
1,685,000.00	$
1,685,000.00	$
1,535,000.00	$
1,535,000.00	$
1,375,000.00	$
1,375,000.00	$
1,210,000.00	$
1,210,000.00	$
1,035,000.00	$
1,035,000.00	$
850,000.00	$
850,000.00	$
655,000.00	$
655,000.00	$
450,000.00	$
450,000.00	$
230,000.00	$
230,000.00	$

$
60,000.00	$
$
65,000.00	$
$
65,000.00	$
$
70,000.00	$
$
70,000.00	$
$
75,000.00	$
$
80,000.00	$
$
85,000.00	$
$
90,000.00	$
$
90,000.00	$
$
95,000.00	$
$
100,000.00	$
$
110,000.00	$
$
115,000.00	$
$
120,000.00	$
$
125,000.00	$
$
135,000.00	$
$
140,000.00	$
$
150,000.00	$
$
160,000.00	$
$
165,000.00	$
$
175,000.00	$
$
185,000.00	$
$
195,000.00	$
$
205,000.00	$
$
220,000.00	$
$
230,000.00	$

89,502.50  $
89,502.50
88,152.50  $
88,152.50
86,690.00  $
86,690.00
85,195.00  $
85,195.00
83,585.00  $
83,585.00
81,975.00  $
81,975.00
80,250.00  $
80,250.00
78,410.00  $
78,410.00
76,157.50  $
76,157.50
73,772.50  $
73,772.50
71,387.50  $
71,387.50
68,870.00  $
68,870.00
66,220.00  $
66,220.00
63,305.00  $
63,305.00
60,257.50  $
60,257.50
57,077.50  $
57,077.50
53,765.00  $
53,765.00
50,187.50  $
50,187.50
46,337.50  $
46,337.50
42,212.50  $
42,212.50
37,812.50  $
37,812.50
33,275.00  $
33,275.00
28,462.50  $
28,462.50
23,375.00  $
23,375.00
18,012.50  $
18,012.50
12,375.00  $
12,375.00
6,325.00  $
6,325.00  $

235,242.50

237,655.00

239,842.50

236,885.00

238,780.00

235,560.00

237,225.00

238,660.00

239,567.50

239,930.00

235,160.00

235,257.50

235,090.00

239,525.00

238,562.50

237,335.00

235,842.50

238,952.50

236,525.00

238,550.00

240,025.00

236,087.50

236,737.50

236,837.50

236,387.50

235,387.50

238,700.00
236,325.00

$	3,485,000.00  $	3,491,330.00  $	7,119,432.50

Lake Lizzie
Community Development District Debt Service Fund
Series 2024

	Proposed Budget	Actuals Thru	Projected Next	Projected Thru	Proposed Budget	
Description	FY2025	3/31/25	6 Months	9/30/25	FY2026	

Revenues						
Assessments	$	-	$	-	$	-	$	-	$	149,648	
Interest Income	$	2,557	$	2,557	$	2,557	$	5,115	$	2,557	
Carry Forward Surplus *	$	-	$	-	$	-	$	-	$	63,749	
Total Revenues	$	2,557	$	2,557	$	2,557	$	5,115	$	215,954	

Expenses						
Interest- 11/01	$	-	$	-	$	-	$	-	$	58,634	
Principal - 05/01	$	-	$	-	$	-	$	-	$	30,000	
Interest - 05/01	$	-	$	-	$	56,354	$	56,354	$	58,634	
Total Expenditures	$	-	$	-	$	56,354	$	56,354	$	147,268	
Other Financing Sources/(Uses)						
Bond Proceeds	$	189,811	$	189,811	$	-	$	189,811	$	-	
Total Other Financing Sources/(Uses)	$	189,811	$	189,811	$	-	$	189,811	$	-	
						
Excess Revenues/(Expenditures)	$	192,368	$	192,369	$	(53,796)	$	138,572	$	68,686	

*Carry forward less amount in Reserve funds.

Series 2024
Interest - 11/01/26	$57,951

Net Assessments $	149,648
Add: Discounts & Collection 		$9,552  Gross Assessments 	$159,200 

Product *	Assessable Units	Annual Debt Service	Net Per Unit	Gross Per Unit	
Single Family 50'	118	$149,647.60	$1,268.20	$1,349.15	
Total ERU's	118	$149,648			

Lake Lizzie Community Development District Series 2024 Special Assessment Bonds
Amortization Schedule

Date	Balance	Prinicpal	Interest	Total

05/01/25	$	2,155,000.00	$	
11/01/25	$	2,155,000.00	$	
05/01/26	$	2,155,000.00	$	30	
11/01/26	$	2,125,000.00	$	
05/01/27	$	2,125,000.00	$	30	
11/01/27	$	2,095,000.00	$	
05/01/28	$	2,095,000.00	$	35	
11/01/28	$	2,060,000.00	$	
05/01/29	$	2,060,000.00	$	35	
11/01/29	$	2,025,000.00	$	
05/01/30	$	2,025,000.00	$	35	
11/01/30	$	1,990,000.00	$	
05/01/31	$	1,990,000.00	$	40	
11/01/31	$	1,950,000.00	$	
05/01/32	$	1,950,000.00	$	40	
11/01/32	$	1,910,000.00	$	
05/01/33	$	1,910,000.00	$	45	
11/01/33	$	1,865,000.00	$	
05/01/34	$	1,865,000.00	$	45	
11/01/34	$	1,820,000.00	$	
05/01/35	$	1,820,000.00	$	50	
11/01/35	$	1,770,000.00	$	
05/01/36	$	1,770,000.00	$	50	
11/01/36	$	1,720,000.00	$	
05/01/37	$	1,720,000.00	$	55	
11/01/37	$	1,665,000.00	$	
05/01/38	$	1,665,000.00	$	55	
11/01/38	$	1,610,000.00	$	
05/01/39	$	1,610,000.00	$	60	
11/01/39	$	1,550,000.00	$	
05/01/40	$	1,550,000.00	$	60	
11/01/40	$	1,490,000.00	$	
05/01/41	$	1,490,000.00	$	65	
11/01/41	$	1,355,000.00	$	
05/01/42	$	1,205,000.00	$	70	
11/01/42	$	1,205,000.00	$	
05/01/43	$	1,205,000.00	$	75	
11/01/43	$	1,205,000.00	$	
05/01/44	$	1,205,000.00	$	75	
11/01/44	$	1,205,000.00	$	
05/01/45	$	1,205,000.00	$	80	
11/01/45	$	1,125,000.00	$	
05/01/46	$	1,125,000.00	$	85	
11/01/46	$	1,040,000.00	$	
05/01/47	$	1,040,000.00	$	90	
11/01/47	$	950,000.00	$	
05/01/48	$	950,000.00	$	95	
11/01/48	$	855,000.00	$	
05/01/49	$	855,000.00	$	100	
11/01/49	$	755,000.00	$	
05/01/50	$	755,000.00	$	110	
11/01/50	$	645,000.00	$	
05/01/51	$	645,000.00	$	115	
11/01/51	$	530,000.00	$	
05/01/52	$	530,000.00	$	120	
11/01/52	$	410,000.00	$	
05/01/53	$	410,000.00	$	130	
11/01/53	$	280,000.00	$	
05/01/54	$	280,000.00	$	135	
11/01/54	$	145,000.00	$	
05/01/55	$	145,000.00	$	145	
			
$	2,155	

$	56,353.55		
$	58,633.75	$	114,987.30	
$	58,633.75		
$	57,951.25	$	146,585.00	
$	57,951.25		
$	57,268.75	$	145,220.00	
$	57,268.75		
$	56,472.50	$	148,741.25	
$	56,472.50		
$	55,676.25	$	147,148.75	
$	55,676.25		
$	54,880.00	$	145,556.25	
$	54,880.00		
$	53,970.00	$	148,850.00	
$	53,970.00		
$	52,900.00	$	146,870.00	
$	52,900.00		
$	51,696.25	$	149,596.25	
$	51,696.25		
$	50,492.50	$	147,188.75	
$	50,492.50		
$	49,155.00	$	149,647.50	
$	49,155.00		
$	47,817.50	$	146,972.50	
$	47,817.50		
$	46,346.25	$	149,163.75	
$	46,346.25		
$	44,875.00	$	146,221.25	
$	44,875.00		
$	43,270.00	$	148,145.00	
$	43,270.00		
$	41,665.00	$	144,935.00	
$	41,665.00		
$	39,926.25	$	146,591.25	
$	39,926.25		
$	38,053.75	$	147,980.00	
$	38,053.75		
$	36,047.50	$	149,101.25	
$	36,047.50		
$	34,041.25	$	145,088.75	
$	34,041.25		
$	31,781.25	$	145,822.50	
$	31,781.25		
$	29,380.00	$	146,161.25	
$	29,380.00		
$	26,837.50	$	146,217.50	
$	26,837.50		
$	24,153.75	$	145,991.25	
$	24,153.75		
$	21,328.75	$	145,482.50	
$	21,328.75		
$	18,221.25	$	149,550.00	
$	18,221.25		
$	14,972.50	$	148,193.75	
$	14,972.50		
$	11,582.50	$	146,555.00	
$	11,582.50		
$	7,910.00	$	149,492.50	
$	7,910.00		
$	4,096.25	$	147,006.25	
$	4,096.25	$	149,096.25	

-
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00

,000.00  $

2,379,158.55  $

4,534,158.55

Section V

Section D

Section 1

Lake Lizzie Community Development District

	Summary of Checks	

February 1, 2025 to April 22, 2025

Bank	Date	Check No.'s	Amount	

General Fund				
	2/7/25	108-109	$	5,635.03	
	2/17/25	110-112	$	10,852.99	
	2/20/25	113	$	144.60	
	2/21/25	114-115	$	779.78	
	3/11/25	116-117	$	4,444.00	
	3/19/25	118-119	$	10,314.68	
	3/24/25	120	$	195,000.00	
	3/28/25	121	$	2,073.80	
	4/7/25	122	$	5,273.50	
	4/14/25	123	$	4,958.33	
	4/18/25	124	$	569.00	
		Total	$	240,045.71	
Supervisor Fees				
	February 2025			
	Duane Owen	50026	$	184.70	
		Total	$	184.70	
			$	240,230.41	

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	4/24/25	PAGE	1
*** CHECK DATES 02/01/2025 - 04/22/2025 ***	LAKE LIZZIE GENERAL FUND
BANK A LAKE LIZZE CDD-GF
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
2/07/25 00012	1/22/25 2018896	202501 310-51300-49100	*	361.53
2024 TAX ROLL
OSCEOLA COUNTY PROPERTY APPRAISER	361.53 000108
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/07/25 00019	1/31/25 847108	202501 320-53800-46200	*	5,273.50
LANDSCAPE MAINT JAN25
YELLOWSTONE LANDSCAPE - SOUTHEAST	5,273.50 000109
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/17/25 00010	1/31/25 225622	202501 320-53800-47000	*	569.00
LAKE MAINTENANCE JAN25
APPLIED AQUATIC MANAGEMENT, INC.	569.00 000110
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/17/25 00001	2/01/25 46	202502 310-51300-34000	*	3,333.33
MANAGEMENT FEES FEB25
2/01/25 46	202502 310-51300-35200	*	100.00
WEBSITE ADMIN FEB25
2/01/25 46	202502 310-51300-35100	*	150.00
INFORMATION TECH FEB25
2/01/25 46	202502 310-51300-31300	*	500.00
DISSEMINATION SVCS FEB25
2/01/25 46	202502 310-51300-51000	*	.18
OFFICE SUPPLIES FEB25
2/01/25 46	202502 310-51300-42000	*	51.98
POSTAGE FEB25
2/01/25 47	202502 320-53800-34000	*	875.00
FIELD MANAGEMENT FEB25
GOVERNMENTAL MANAGEMENT SERVICES-CF	5,010.49 000111
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/17/25 00019	2/01/25 847845	202502 320-53800-46200	*	5,273.50
LANDSCAPE MAINT FEB25
YELLOWSTONE LANDSCAPE - SOUTHEAST	5,273.50 000112
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/20/25 00004 12/18/24 3499635	202502 300-20700-10200	*	144.60
031 FR#2
KUTAK ROCK LLP	144.60 000113
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/21/25 00010	2/15/25 226152	202502 320-53800-47000	*	569.00
LAKE MAINTENANCE FEB25
APPLIED AQUATIC MANAGEMENT, INC.	569.00 000114
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/21/25 00011	2/21/25 02212025 202502 300-20700-10300	*	210.78
TXFER TAX RCPTS S2023
LAKE LIZZIE CDD C/O US BANK	210.78 000115
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/11/25 00015	3/03/25 27009	202503 310-51300-32200	*	3,900.00
AUDIT FYE 09/30/24
GRAU & ASSOCIATES	3,900.00 000116
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
LLIZ LAKE LIZZI	BOH

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	4/24/25	PAGE	2
*** CHECK DATES 02/01/2025 - 04/22/2025 ***	LAKE LIZZIE GENERAL FUND
BANK A LAKE LIZZE CDD-GF
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
3/11/25 00004	2/28/25 3527976	202501 310-51300-31500	*	544.00
GENERAL COUNSEL JAN25
KUTAK ROCK LLP	544.00 000117

3/19/25 00001	3/01/25	
	3/01/25	
	3/01/25	
	3/01/25	
	3/01/25	
	3/01/25	
	3/01/25	
	3/01/25	

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
48	202503 310-51300-34000	*	3,333.33
MANAGEMENT FEES MAR25
48	202503 310-51300-35200	*	100.00
WEBSITE ADMIN MAR25
48	202503 310-51300-35100	*	150.00
INFORMATION TECH MAR25
48	202503 310-51300-31300	*	500.00
DISSEMINATION SVCS MAR25
48	202503 310-51300-51000	*	.06
OFFICE SUPPLIES MAR25
48	202503 310-51300-42000	*	71.54
POSTAGE MAR25
48	202503 310-51300-42500	*	11.25
COPIES MAR25
49	202503 320-53800-34000	*	875.00
FIELD MANAGEMENT MAR25
GOVERNMENTAL MANAGEMENT SERVICES-CF	5,041.18 000118
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/19/25 00019	3/01/25 867002	202503 320-53800-46200	*	5,273.50
LANDSCAPE MAINT MAR25
YELLOWSTONE LANDSCAPE - SOUTHEAST	5,273.50 000119
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/24/25 00020	3/24/25 03242025 202503 300-15100-10000	*	195,000.00

- - - - - - - -	- - - - - - - - -	STATE BOARD OF
- - - - - - - - - - - - - - - - -	ADMINISTRATION
- - - - - - - -	-	-	-	-	- -	-	-	-	-	-	195,000.00
- - - - - - - - - -	000120
- - -	
3/28/25 00004	3/24/25 3540036	202502 310-51300-31500						*						2,073.80		
	GENERAL	COUNSEL FEB25														
		KUTAK ROCK LLP												2,073.80	000121	
- - - - - - - -	- - - - - - - - -	- - - - - - - - - - - - - - - - -	- - - - - - - -	-	-	-	-	- -	-	-	-	-	-	- - - - - - - - - -	- - -	
4/07/25 00019	4/01/25 882394	202504 320-53800-46200						*						5,273.50		
LANDSCAPE MAINT APR25
YELLOWSTONE LANDSCAPE - SOUTHEAST	5,273.50 000122
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	

TXFER EXCESS FUNDS TO SBA

4/14/25 00001	4/01/25 50	202504 310-51300-34000	*	3,333.33
MANAGEMENT FEES APR25
4/01/25 50	202504 310-51300-35200	*	100.00
WEBSITE ADMIN APR25
4/01/25 50	202504 310-51300-35100	*	150.00
INFORMATION TECH APR25
4/01/25 50	202504 310-51300-31300	*	500.00
DISSEMINATION SVCS APR25
LLIZ LAKE LIZZI	BOH

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	4/24/25	PAGE	3
*** CHECK DATES 02/01/2025 - 04/22/2025 ***	LAKE LIZZIE GENERAL FUND
BANK A LAKE LIZZE CDD-GF
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
4/01/25 51	202504 320-53800-34000	*	875.00
FIELD MANAGEMENT APR25
GOVERNMENTAL MANAGEMENT SERVICES-CF	4,958.33 000123
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/18/25 00010	3/31/25 227107	202503 320-53800-47000	*	569.00
LAKE MAINTENANCE MAR25
APPLIED AQUATIC MANAGEMENT, INC.	569.00 000124
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
TOTAL FOR BANK A	240,045.71
TOTAL FOR REGISTER	240,045.71

LLIZ LAKE LIZZI	BOH

Section 2

Lake Lizzie
Communfty Development District

Unaudited Financial Reporting
March 31, 2025

Table of Contents

	Balance Sheet

	General Fund

	Debt Service Fund - Series 2023

	Debt Service Fund - Series 2024

	Capital Projects - Series 2023

	Capital Projects - Series 2024

	Month to Month

	Assessment Receipt Schedule

	Long-Term Debt

Lake Lizzie
Community Development District Combined Balance Sheet
March 31, 2025

General Fund

Debt Service Fund

Capital Projects Fund

Totals Governmental Funds

Assets:
Operating Account	
$	254,948	
$	
-	
$	
-	
$	254,948	
Investments:							
Series 2023				
Reserve	$	-	$	120,013	$	-	$	120,013	
Revenue	$	-	$	260,521	$	-	$	260,521	

Construction	$	-	$	-	$	9,728	$	9,728	
Cost of Issuance	$
Series 2024	-	$	-	$	23	$	23	
Reserve	$	-	$	74,824	$	-	$	74,824	
Capital Interest	$	-	$	117,545	$	-	$	117,545	
Construction	$	-	$	-	$	4,818	$	4,818	
Cost of Issuance	$	-	$	-	$	5,427	$	5,427	
Total Assets	$	254,948	$	572,902	$	19,995	$	847,846	
Liabilities:				
Accounts Payable	$	569	$	-	$	-	$	569	
Total Liabilites	$	569	$	-	$	-	$	569	

Fund Balance:
Restricted For:
Debt Service - Series 2023	

$	

-	$	380,534	$	-	

$	380,534	
Debt Service - Series 2024	$	-	$	192,369	$	-	$	192,369	
Capital Projects - Series 2023	$	-	$	-	$	9,751	$	9,751	
Capital Projects - Series 2024	$	-	$	-	$	10,245	$	10,245	
Unassigned	$	254,379	$	-	$	-	$	254,379	
Total Fund Balances	$	254,379	$	572,902	$	19,995	$	847,277	
					
Total Liabilities & Fund Balance	$	254,948	$	572,902	$	19,995	$	847,846	

Lake Lizzie
Community Development District General Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending March 31, 2025

Adopted	Prorated Budget	Actual	
Budget	Thru 03/31/25	Thru 03/31/25	Variance	

Revenues:		
Assessments - On Roll	$	237,611	$	237,149	$	237,149	$	-	
Total Revenues	$	237,611	$	237,149	$	237,149	$	-	

Expenditures:					
General & Administrative:					
Supervisors Fees	$	12,000	$	6,000	$	1,200	$	4,800	
FICA Expense	$	918	$	459	$	92	$	367	
Engineering	$	15,000	$	7,500	$	300	$	7,200	
Attorney	$	25,000	$	12,500	$	7,766	$	4,734	
Annual Audit	$	3,900	$	3,900	$	3,900	$	-	
Assessment Administration	$	5,000	$	5,000	$	5,000	$	-	
Arbitrage	$	900	$	450	$	450	$	-	
Dissemination	$	6,000	$	3,000	$	2,750	$	250	
Trustee Fees	$	8,081	$	-	$	-	$	-	
Management Fees	$	40,000	$	20,000	$	20,000	$	0	
Information Technology	$	1,800	$	900	$	900	$	-	
Website Maintenance	$	1,200	$	600	$	600	$	-	
Telephone	$	300	$	150	$	-	$	150	
Postage & Delivery	$	1,000	$	500	$	156	$	344	
Insurance	$	6,000	$	6,000	$	5,200	$	800	
Printing	$	1,000	$	500	$	16	$	484	
Legal Advertising	$	15,000	$	7,500	$	-	$	7,500	
Contingency	$	5,000	$	2,500	$	647	$	1,853	
Office Supplies	$	625	$	313	$	0	$	312	
Travel Per Diem	$	660	$	330	$	-	$	330	
Dues, Licenses & Subscriptions	$	175	$	175	$	175	$	-	
Total General & Administrative:	$	149,559	$	78,277	$	49,153	$	29,124	

Operations and Maintenance					
Field Expenditures
Field Management	

$	10,500	

$	5,250	

$	5,250	

$	-	
Pond Mowing	$	30,000	$	15,000	$	18,191	$	(3,191)	
Pond Maintenance	$	12,000	$	6,000	$	3,414	$	2,586	
Contingency	$	35,552	$	17,776	$	-	$	17,776	
Total Operations & Maintenance:	$	88,052	$	44,026	$	26,855	$	17,171	
					
Total Expenditures	$	237,611	$	122,302	$	76,007	$	46,295	
					
Excess Revenues (Expenditures)	$	-		$	161,142		
					
Fund Balance - Beginning	$	-		$	93,237		
					
Fund Balance - Ending	$	-		$	254,379		

Lake Lizzie
Community Development District Debt Service Fund - Series 2023
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending March 31, 2025

Adopted	Prorated Budget	Actual	
Budget	Thru 03/31/25	Thru 03/31/25	Variance	

Revenues:		
Assessments	$	240,025	$	239,558	$	239,558	$	-	
Interest	$	4,811	$	2,405	$	4,227	$	1,821	
Total Revenues	$	244,836	$	241,964	$	243,785	$	1,821	

Expenditures:					
Interest Expense 11/1	$	91,978	$	91,978	$	91,978	$	-	
Principal Expense 5/1	$	55,000	$	-	$	-	$	-	
Interest Expense 5/1	$	91,978	$	-	$	-	$	-	
Total Expenditures	$	238,955	$	91,978	$	91,978	$	-	
					
Excess Revenues (Expenditures)	$	5,881		$	151,808		
					
Fund Balance - Beginning	$	106,527		$	228,726		
					
Fund Balance - Ending	$	112,407		$	380,534		

Lake Lizzie
Community Development District Debt Service Fund - Series 2024
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending March 31, 2025

Adopted	Prorated Budget	Actual	
Budget	Thru 03/31/25	Thru 03/31/25	Variance	

Revenues:		
Interest	$	-	$	-	$	2,557	$	2,557	
Total Revenues	$	-	$	-	$	2,557	$	2,557	

Expenditures:					
Interest Expense 11/1	$	-	$	-	$	-	$	-	
Principal Expense 5/1	$	-	$	-	$	-	$	-	
Interest Expense 5/1	$	-	$	-	$	-	$	-	
Total Expenditures	$	-	$	-	$	-	$	-	

Other Financing Sources:					
Bond Proceeds	$	-	$	-	$	189,811	$	189,811	
Total Other Financing Sources (Uses)	$	-	$	-	$	189,811	$	189,811	
					
Excess Revenues (Expenditures)	$	-	$	192,369		
					
Fund Balance - Beginning	$	-	$	-		
					
Fund Balance - Ending	$	-	$	192,369		

Lake Lizzie
Community Development District Capital Projects Fund - Series 2023
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending March 31, 2025

Adopted	Prorated Budget	Actual	
Budget	Thru 03/31/25	Thru 03/31/25	Variance	

Revenues:		
Developer Contributions	$	-	$	-	$	4,926	$	4,926	
Interest	$	-	$	-	$	225	$	225	
Total Revenues	$	-	$	-	$	5,150	$	5,150	

Expenditures:					
Capital Outlay-Construction	$	-	$	-	$	5,322	$	(5,322)	
Total Expenditures	$	-	$	-	$	5,322	$	(5,322)	
					
Excess Revenues (Expenditures)	$	-	$	(171)		
					
Fund Balance - Beginning	$	-	$	9,922		
					
Fund Balance - Ending	$	-	$	9,751		

Lake Lizzie
Community Development District Capital Projects Fund - Series 2024
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending March 31, 2025

Adopted	Prorated Budget	Actual	
Budget	Thru 03/31/25	Thru 03/31/25	Variance	

Revenues:		
Interest	$	-	$	-	$	114	$	114	
Total Revenues	$	-	$	-	$	114	$	114	

Expenditures:					
Capital Outlay-Construction	$	-	$	-	$	1,743,683	$	(1,743,683)	
Capital Outlay-COI	$	-	$	-	$	211,375	$	(211,375)	
Total Expenditures	$	-	$	-	$	1,955,058	$	(1,955,058)	

Other Financing Sources/(Uses)					
Bond Proceeds	$	-	$	-	$	1,965,189	$	1,965,189	
Total Other Financing Sources (Uses)	$	-	$	-	$	1,965,189	$	1,965,189	
					
Excess Revenues (Expenditures)	$	-	$	10,245		
					
Fund Balance - Beginning	$	-	$	-		
					
Fund Balance - Ending	$	-	$	10,245		

Lake Lizzie
Community Development District Month to Month

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

Revenues:

Assessment - On Roll

$	-  $

2,940  $

234,000  $

209  $

-  $	-  $	-  $	-  $

-  $	-  $

-  $	-  $

237,149

Total Revenues	$	-  $	2,940  $	234,000  $	209  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $  237,149

Expenditures:

General & Administrative:

Supervisor Fees FICA Expenditures Engineering Attorney
Annual Audit
Assessment Administration Arbitrage
Disemination Fees Trustee Fees Management Fees Information Technology Website Maintenance ** Telephone
Postage & Delivery Insurance  Printing
Legal Advertising Contingency Office Supplies Travel Per Diem
Dues, Licenses & Subscriptions

$	400  $
$	31  $
$	300  $
$	7,766  $
$	-  $
$	5,000  $
$	-  $
$	417  $
$	-  $
$	3,333  $
$	150  $
$	100  $
$	-  $
$	30  $
$	5,200  $
$	-  $
$	-  $
$	88  $
$	0  $
$	-  $
$	175  $

400  $
31  $
-  $
-  $
-  $
-  $
450  $
417  $
-  $
3,333  $
150  $
100  $
-  $
0  $
-  $
3  $
-  $
38  $
0  $
-  $
-  $

200  $
15  $
-  $
-  $
-  $
-  $
-  $
417  $
-  $
3,333  $
150  $
100  $
-  $
2  $
-  $
-  $
-  $
38  $
0  $
-  $
-  $

-  $
-  $
-  $
-  $
-  $
-  $
-  $
500  $
-  $
3,333  $
150  $
100  $
-  $
-  $
-  $
1  $
-  $
400  $
-  $
-  $
-  $

-  $
-  $
-  $
-  $
-  $
-  $
-  $
500  $
-  $
3,333  $
150  $
100  $
-  $
52  $
-  $
-  $
-  $
41  $
0  $
-  $
-  $

200  $	-  $	-  $
15  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
3,900  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
500  $	-  $	-  $
-  $	-  $	-  $
3,333  $	-  $	-  $
150  $	-  $	-  $
100  $	-  $	-  $
-  $	-  $	-  $
72  $	-  $	-  $
-  $	-  $	-  $
11  $	-  $	-  $
-  $	-  $	-  $
41  $	-  $	-  $
0  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $

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

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

1,200
92
300
7,766
3,900
5,000
450
2,750
- 20,000
900
600
- 156
5,200
16
- 647
0
- 175

Total General & Administrative:	$	22,990  $	4,922  $	4,256  $	4,485  $	4,177  $	8,323  $	-  $	-  $	-  $	-  $	-  $	-  $	49,153

Operation and Maintenance

Field Expenses Field Management Pond Mowing Pond Maintenance Contingency Subtotal

$	875  $
$	790  $
$	569  $
$	-  $
$	2,234  $

875  $
790  $
569  $
-  $
2,234  $

875  $
790  $
569  $
-  $
2,234  $

875  $
5,274  $
569  $
-  $
6,718  $

875  $
5,274  $
569  $
-  $
6,718  $

875  $	-  $	-  $
5,274  $	-  $	-  $
569  $	-  $	-  $
-  $	-  $	-  $
6,718  $	-  $	-  $

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

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

5,250
18,191
3,414
- 26,855

Total Expenditures	$	25,224  $	7,156  $	6,490  $	11,202  $	10,894  $	15,040  $	-  $	-  $	-  $	-  $	-  $	-  $	76,007

Excess Revenues (Expenditures)	$	(25,224)  $	(4,216)  $	227,510  $	(10,993)  $	(10,894)  $	(15,040)  $	-  $	-  $	-  $	-  $	-  $	-  $  161,142

LAKE LIZZIE CDD
COMMUNITY DEVELOPMENT DISTRICT
Special Assessment Receipts Fiscal Year 2025

Gross Assessments	$	252,778.11	$	255,346.14	$	508,124.25	
Net Assessments	$	237,611.42	$	240,025.37	$	477,636.80	
	49.75%	50.25%	100.00%	

ON ROLL ASSESSMENTS

Date	Distribution	Gross Amount	Discount/Penalty	Commission	Interest	Net Receipts	General Fund	Debt Series 2023	Total	

11/21/24	
ACH	
$6,282.62	
($251.30)	
($120.63)	
$0.00	
$5,910.69	
$2,940.41	
$2,970.28	
$5,910.69	
12/10/24	ACH	$293,084.91	($11,488.27)	($5,861.69)	$0.00	$275,734.95	$137,170.70	$138,564.25	$275,734.95	
12/20/24	ACH	$206,870.56	($8,090.68)	($4,137.44)	$0.00	$194,642.44	$96,829.36	$97,813.08	$194,642.44	
01/28/25	ACH	$0.00	$0.00	$0.00	$419.45	$419.45	$208.67	$210.78	$419.45	
	TOTAL	$	506,238.09	$	(19,830.25)	$	(10,119.76)	$	419.45	$	476,707.53	$	237,149.14	$	239,558.39	$	476,707.53	

$

100%
929.27

Net Percent Collected Balance Remaining to Collect

Lake Lizzie
Community Development District Long Term Debt Report

Series 2023, Special Assessment Revenue Bonds	
Interest Rate:	4.500%, 4.600%, 5.300%, 5.500%	
Maturity Date:	5/1/2053	
Reserve Fund Definition	50% of Maximum Annual Debt Service	
Reserve Fund Requirement	$120,013	
Reserve Fund Balance	$120,013	
Bonds Outstanding - 07/07/2023	$3,535,000	
Less: Principal Payment - 05/01/2024	($50,000)	
Current Bonds Outstanding	$3,485,000	

Series 2024, Special Assessment Revenue Bonds	
Interest Rate:	4.550%, 5.350%, 5.650%	
Maturity Date:	5/1/2055	
Reserve Fund Definition	50% of Maximum Annual Debt Service	
Reserve Fund Requirement	$74,824	
Reserve Fund Balance	$74,824	
Bonds Outstanding - 11/08/24	$2,155,000	
Current Bonds Outstanding	$2,155,000	

Section 3

MARY JANE ARRINGTON
OSCEOLA COUNTY SUPERVISOR OF ELECTIONS

April 21, 2025

Ms. Brittany Brookes Recording Secretary
Lake Lizzie Community Development District 219 E. Livingston St
Orlando, FL 32801

RE:	Lake Lizzie Community Development District - Registered Voters Dear Ms. Brookes:
Thank you for your letter requesting confirmation of the number of registered voters within
the Lake Lizzie Community Development District as of April 15, 2025.
The number of registered voters within the Lake Lizzie COD is 33 as of April 15, 2025. If I can be of further assistance, please contact me at 407.742.6000.
Respectfully yours,

-
Mary Jane Arrington Supervisor of Elections

2509 East Irlo Bronson Memorial Highway• Kissimmee, FL 34744 407.742.6000 • Fax: 407.742.6001 • www.voteosceola.com