Lakewood Ranch Stewardship District
June 2025 O&M and BRU Financial Package

June 30, 2025
PFM Group Consulting LLC
3501 Quadrangle Blvd.
Suite 270
Orlando, FL 32817
407-723-5900

Lakewood Ranch Stewardship District
Summary Income Statement

Revenue	
	Current Period	Current Period	Current Period	Year to Date Actual	Year to Date		Year to Date	
		Actual		Budget		Variance				Budget		Variance	
Administrative $	5,489.74	$	76,600.41	$	(71,110.67)	$	312,256.72	$	689,403.69	$	(377,146.97)	
East Sector	$	23,254.42  $	196,502.42	$	(173,248.00)	$	2,384,664.66	$ 1,768,521.78	$	616,142.88	
Northeast Sector	$	33,987.22  $	285,837.00	$	(251,849.78)	$	3,664,453.44	$ 2,572,533.00	$ 1,091,920.44	
Northwest Sector	$	32,198.41  $	274,488.58	$	(242,290.17)	$	3,299,971.45	$ 2,470,397.22	$	829,574.23	
SRQ	$	16,762.56  $	180,567.58	$	(163,805.02)	$	2,190,613.08	$ 1,625,108.22	$	565,504.86	
Taylor	$	-	$	-	$	-	$	-	$	-	$	-	
Total Revenue	$	111,692.35	$	1,013,995.99	$	(902,303.64) $ 11,851,959.35	$ 9,125,963.91	$ 2,725,995.44	
Expenses	
	Current Period	Current Period	Current Period	Year to Date Actual	Year to Date		Year to Date	
		Actual		Budget		Variance				Budget		Variance	
Administrative $	(779,783.48) $	410,253.12	$ 1,190,036.60	$ 3,239,783.96	$ 3,692,278.08	$	452,494.12	
East Sector	$	140,884.99  $	135,067.68	$	(5,817.31)	$	1,708,319.13	$ 1,215,609.12	$	(492,710.01)	
Northeast Sector	$	117,339.71  $	140,837.92	$	23,498.21	$	909,312.19	$ 1,267,541.28	$	358,229.09	
Northwest Sector	$	236,893.92  $	157,662.42	$	(79,231.50)	$	1,326,627.10	$ 1,418,961.78	$	92,334.68	
SRQ	$	210,000.81  $	134,383.35	$	(75,617.46)	$	1,963,646.37	$ 1,209,450.15	$	(754,196.22)	
Taylor	$	8,750.00  $	35,791.64	$	27,041.64	$	39,317.93	$	322,124.76	$	282,806.83	
Total Expenses	$	(65,914.05)	$	1,013,996.13	$ 1,079,910.18	$	9,187,006.68	$ 9,125,965.17	$	(61,041.51)	

Income (Loss)	$	177,606.40	$	(0.14) $(1,982,213.82) $ 2,664,952.67  $	(1.26) $ 2,787,036.95

Lakewood Ranch Stewardship District
Statement of Financial Position As of 6/30/2025

	General Fund Current Month		General Fund Prior Month	Variance		BRU Fund Current Month		BRU Fund Prior Month		Variance	

Assets								
Current Assets											
Northern Trust-Operating Account	$69,490.92		$676,085.47	($606,594.55)							
Northern Trust-Money Market	3,661,977.01		3,006,710.10	655,266.91							
Reserve Account*	1,049,019.36		2,049,010.94	(999,991.58)							
Prepaid Expense	30,220.45		28,759.68	1,460.77							
Due from Developer	0.00		115,910.60	(115,910.60)							
Due from BRU	16,744.61		20,072.90	(3,328.29)							
BRU Operating Account						$460,024.94		$564,758.54		($104,733.60)	
BRU Revenue Account						93,037.29		300,052.56		(207,015.27)	
Accounts Receivable						1,531,417.14		1,455,943.78		75,473.36	
Due from General Fund						0.00		82.08		(82.08)	
Prepaid Expense			
			1,460.77		0.00		1,460.77	
Total Current Assets	$4,827,452.35		$5,896,549.69	($1,069,097.34)		$2,085,940.14		$2,320,836.96		($234,896.82)	
Total Assets	$4,827,452.35		
$5,896,549.69	($1,069,097.34)		$2,085,940.14		$2,320,836.96		($234,896.82)	

Liabilities and Net Assets	
Current Liabilities											
Accounts Payable	$57,258.34		$337,565.59	($280,307.25)							
Payroll Tax Liability	119.48		111.73	7.75							
Healthcare Liability	14,960.47		0.00	14,960.47							
Reserve Liability	1,049,019.36		2,049,010.94	(999,991.58)							
Due to BRU Fund	0.00		82.08	(82.08)							
Due to Debt Service Funds	18,708.95		0.00	18,708.95							
Accounts Payable						$135,447.74		$91,923.65		$43,524.09	
Due to General Fund			
			16,744.61		20,072.90		(3,328.29)	
Total Current Liabilities	$1,140,066.60		$2,386,770.34	($1,246,703.74)		$152,192.35		$111,996.55		$40,195.80	
Total Liabilities	$1,140,066.60		
$2,386,770.34	($1,246,703.74)		$152,192.35		$111,996.55		$40,195.80	

Net Assets
Retained Earnings - Prior Year Surplus (Deficit) for the Period	

$1,022,433.08		

$1,022,433.08	

$0.00		

$1,356,517.68		

$1,356,517.68		

$0.00	
	2,664,952.67		2,487,346.27	177,606.40		577,230.11		852,322.73		(275,092.62)	
Total Net Assets	$3,687,385.75		
$3,509,779.35	$177,606.40		$1,933,747.79		$2,208,840.41		($275,092.62)	

								
Total Liabilities and Net Assets	$4,827,452.35		$5,896,549.69	($1,069,097.34)		$2,085,940.14		$2,320,836.96		($234,896.82)	

Fund: (001) General Fund	
Sector: (000) Administrative	
	Current Period						Year To Date				Adopted	Budget	Percentage	
	Actual		Budget		Variance		Actual		Budget		Variance		Budget FY25	Remaining	Used	

Revenues																
Developer Contributions	$0.00		$76,517.08		$(76,517.08)		$220,302.15		$688,653.72		$(468,351.57)		$918,204.96	$697,902.81	24%	
Other Revenue	8.42		83.33		(74.91)		73,218.65		749.97		72,468.68		999.96	(72,218.69)	7322%	
Park Revenue	214.41		0.00		214.41		6,758.91		0.00		6,758.91		0.00	(6,758.91)	0%	
Net Revenues	$222.83		$76,600.41		$(76,377.58)		$300,279.71		$689,403.69		$(389,123.98)		$919,204.92	$618,925.21		
General & Administrative Expenses																
Maintenance Management	$15,000.00		$15,000.00		$0.00		$135,000.00		$135,000.00		$0.00		$180,000.00	$45,000.00	75%	
Uniforms	15.98		333.33		317.35		2,163.70		2,999.97		836.27		3,999.96	1,836.26	54%	
Job Materials	0.00		666.67		666.67		2,059.05		6,000.03		3,940.98		8,000.04	5,940.99	26%	
Phone/Radio	439.88		583.33		143.45		3,844.67		5,249.97		1,405.30		6,999.96	3,155.29	55%	
Office Supplies	95.00		250.00		155.00		95.00		2,250.00		2,155.00		3,000.00	2,905.00	3%	
Fuel Only	1,817.96		1,550.00		(267.96)		13,720.09		13,950.00		229.91		18,600.00	4,879.91	74%	
Equipment	1,600.16		416.67		(1,183.49)		90,332.76		3,750.03		(86,582.73)		5,000.04	(85,332.72)	1807%	
Tools/Machinery	0.00		4,166.67		4,166.67		0.00		37,500.03		37,500.03		50,000.04	50,000.04	0%	
Supplies	5,344.86		3,333.33		(2,011.53)		94,119.63		29,999.97		(64,119.66)		39,999.96	(54,119.67)	235%	
Miscellaneous Maintenance	0.00		2,500.00		2,500.00		46,935.56		22,500.00		(24,435.56)		30,000.00	(16,935.56)	156%	
Maintenance Yard	0.00		250.00		250.00		0.00		2,250.00		2,250.00		3,000.00	3,000.00	0%	
Vehicle R&M	7,962.83		333.33		(7,629.50)		26,064.91		2,999.97		(23,064.94)		3,999.96	(22,064.95)	652%	
Vehicle	0.00		4,166.67		4,166.67		41.80		37,500.03		37,458.23		50,000.04	49,958.24	0%	
Community Services P&A Admin Fee	0.00		28,392.08		28,392.08		0.00		255,528.72		255,528.72		340,704.96	340,704.96	0%	
Waste Management	0.00		250.00		250.00		0.00		2,250.00		2,250.00		3,000.00	3,000.00	0%	
Robert N Gardner Park at L	20,473.90		29,166.67		8,692.77		311,669.10		262,500.03		(49,169.07)		350,000.04	38,330.94	89%	
James L patton Park at Ke	2,263.20		11,666.67		9,403.47		46,713.82		105,000.03		58,286.21		140,000.04	93,286.22	33%	
Roger A Hill Park at White	3,566.02		4,166.67		600.65		34,547.16		37,500.03		2,952.87		50,000.04	15,452.88	69%	
Silver Falls Park	959.75		2,291.67		1,331.92		15,326.50		20,625.03		5,298.53		27,500.04	12,173.54	56%	
Waterside Park	12,930.09		16,228.00		3,297.91		240,385.25		146,052.00		(94,333.25)		194,736.00	(45,649.25)	123%	
Town Hall North	2,658.45		8,166.67		5,508.22		38,565.59		73,500.03		34,934.44		98,000.04	59,434.45	39%	
117th Park Project	500.00		416.67		(83.33)		1,600.00		3,750.03		2,150.03		5,000.04	3,400.04	32%	
University LWR Entrance	707.31		12,500.00		11,792.69		38,706.45		112,500.00		73,793.55		150,000.00	111,293.55	26%	
Trails (Harmony & Curlew)	2,765.00		4,166.67		1,401.67		24,505.00		37,500.03		12,995.03		50,000.04	25,495.04	49%	
Tunnel Park	0.00		2,083.33		2,083.33		0.00		18,749.97		18,749.97		24,999.96	24,999.96	0%	
CDD Allocation-Univ. Pkwy & Lorraine Row	0.00		2,083.33		2,083.33		22,308.00		18,749.97		(3,558.03)		24,999.96	2,691.96	89%	
GIS Implementation & Maintenance	0.00		29,166.67		29,166.67		0.00		262,500.03		262,500.03		350,000.04	350,000.04	0%	
Insurance	0.00		7,083.33		7,083.33		158,700.00		63,749.97		(94,950.03)		84,999.96	(73,700.04)	187%	
Supervisor Fees	400.00		1,000.00		600.00		4,800.00		9,000.00		4,200.00		12,000.00	7,200.00	40%	

Fund: (001) General Fund	
Sector: (000) Administrative	
			Current Period						Year To Date				Adopted	Budget	Percentage	
	Actual		Budget		Variance		Actual		Budget		Variance		Budget FY25	Remaining	Used	
Meeting Advertising	253.76		921.67		667.91		7,838.00		8,295.03		457.03		11,060.04	3,222.04	71%	
Engineering	19,212.50		11,666.67		(7,545.83)		231,285.80		105,000.03		(126,285.77)		140,000.04	(91,285.76)	165%	
Bond Agent Fees	0.00		1,916.67		1,916.67		12,540.00		17,250.03		4,710.03		23,000.04	10,460.04	55%	
Arbitrage Report	0.00		416.67		416.67		0.00		3,750.03		3,750.03		5,000.04	5,000.04	0%	
Legal Fees	3,928.00		10,416.67		6,488.67		38,398.55		93,750.03		55,351.48		125,000.04	86,601.49	31%	
Accounting	9,133.33		9,166.67		33.34		77,199.99		82,500.03		5,300.04		110,000.04	32,800.05	70%	
Lien Book and Tax Roll	14,000.00		33,291.67		19,291.67		289,000.00		299,625.03		10,625.03		399,500.04	110,500.04	72%	
Annual Audit	0.00		2,500.00		2,500.00		30,500.00		22,500.00		(8,000.00)		30,000.00	(500.00)	102%	
Trustee	0.00		13,000.00		13,000.00		147,221.75		117,000.00		(30,221.75)		156,000.00	8,778.25	94%	
Manager	7,500.00		19,833.33		12,333.33		67,500.00		178,499.97		110,999.97		237,999.96	170,499.96	28%	
Postage	152.02		125.00		(27.02)		601.65		1,125.00		523.35		1,500.00	898.35	40%	
Office Supplies	0.00		125.00		125.00		0.00		1,125.00		1,125.00		1,500.00	1,500.00	0%	
Other Current Charges	14.07		317.50		303.43		5,419.25		2,857.50		(2,561.75)		3,810.00	(1,609.25)	142%	
Dues, Licenses, Subscriptions	4,078.29		5,000.00		921.71		41,152.86		45,000.00		3,847.14		60,000.00	18,847.14	69%	
Payroll & Payroll Tax Expense	74,186.16		97,087.00		22,900.84		760,210.10		873,783.00		113,572.90		1,165,044.00	404,833.90	65%	
Cell Phone Expense	193.90		83.33		(110.57)		595.55		749.97		154.42		999.96	404.41	60%	
Healthcare Expense	6,629.32		0.00		(6,629.32)		63,237.15		0.00		(63,237.15)		0.00	(63,237.15)	0%	
457B Match Expense	722.01		0.00		(722.01)		7,144.80		0.00		(7,144.80)		0.00	(7,144.80)	0%	
Defined Employee Contribution Plan	500.00		3,166.67		2,666.67		1,500.00		28,500.03		27,000.03		38,000.04	36,500.04	4%	
Roth Match Expense	204.35		0.00		(204.35)		4,021.38		0.00		(4,021.38)		0.00	(4,021.38)	0%	
Re-amortization Schedule Fees	0.00		0.00		0.00		1,500.00		0.00		(1,500.00)		0.00	(1,500.00)	0%	
Disclosure	0.00		0.00		0.00		72,500.00		0.00		(72,500.00)		0.00	(72,500.00)	0%	
Reserves*	(999,991.58)		8,840.17		1,008,831.75		28,213.09		79,561.53		51,348.44		106,082.04	77,868.95	27%	
Total General & Administrative Expenses	$(779,783.48)		$410,253.12		$1,190,036.60		$3,239,783.96		$3,692,278.08		$452,494.12		$4,923,037.44	$1,683,253.48		
Total Expenses		$(779,783.48)			$410,253.12		  $1,190,036.60			$3,239,783.96		  $3,692,278.08			$452,494.12					
Income (Loss) from Operations	$780,006.31		$(333,652.71)		$1,113,659.02		$(2,939,504.25)		$(3,002,874.39)		$63,370.14					
Other Income (Expense)																
Interest Income	$5,266.91		$0.00		$5,266.91		$11,977.01		$0.00		$11,977.01					
Total Other Income (Expense)	$5,266.91		$0.00		$5,266.91		$11,977.01		$0.00		$11,977.01					
Net Income (Loss)	$785,273.22		$(333,652.71)		$1,118,925.93		$(2,927,527.24)		$(3,002,874.39)		$75,347.15					

*$1,000,000 was transferred from this account in June and properly placed into the MM account.

Fund: (400) BRU Fund	
			Current Period						Year To Date				Adopted	Budget	Percentage	
	Actual		Budget		Variance		Actual		Budget		Variance		Budget FY25	Remaining	Used	

Revenues																
Other Revenue	$0.00		$0.00		$0.00		$12,000.00		$0.00		$12,000.00		$0.00	$(12,000.00)	0%	
Revenue	721,740.16		529,743.33		191,996.83		6,985,538.64		4,767,689.97		2,217,848.67		6,356,919.96	(628,618.68)	110%	
Net Revenues	$721,740.16		$529,743.33		$191,996.83		$6,997,538.64		$4,767,689.97		$2,229,848.67		$6,356,919.96	$(640,618.68)		
General & Administrative Expenses																
Transfer to Debt Service/Construct. Fund	$526,033.65		$0.00		$(526,033.65)		$3,336,163.42		$0.00		$(3,336,163.42)		$0.00	$(3,336,163.42)	0%	
Transfer to General Fund	0.00		0.00		0.00		96,153.25		0.00		(96,153.25)		0.00	(96,153.25)	0%	
FPL	30,883.70		41,666.67		10,782.97		325,807.94		375,000.03		49,192.09		500,000.04	174,192.10	65%	
Peace River Utilities	28,457.29		33,333.33		4,876.04		213,157.17		299,999.97		86,842.80		399,999.96	186,842.79	53%	
City of Sarasota Utilities	54,807.99		42,250.00		(12,557.99)		311,313.93		380,250.00		68,936.07		507,000.00	195,686.07	61%	
City of Bradenton Utilities	79,378.00		39,000.00		(40,378.00)		335,415.20		351,000.00		15,584.80		468,000.00	132,584.80	72%	
MCUD	12,453.00		0.00		(12,453.00)		32,283.30		0.00		(32,283.30)		0.00	(32,283.30)	0%	
Maintenance Mgmt - Stewardship O&M	0.00		3,000.00		3,000.00		0.00		27,000.00		27,000.00		36,000.00	36,000.00	0%	
Maintenance Management	0.00		12,500.00		12,500.00		0.00		112,500.00		112,500.00		150,000.00	150,000.00	0%	
Uniforms	1,250.00		250.00		(1,000.00)		1,871.31		2,250.00		378.69		3,000.00	1,128.69	62%	
Job Materials	0.00		1,666.67		1,666.67		0.00		15,000.03		15,000.03		20,000.04	20,000.04	0%	
Phone/Radio	474.04		500.00		25.96		4,266.90		4,500.00		233.10		6,000.00	1,733.10	71%	
Office Supplies	49.81		166.67		116.86		752.43		1,500.03		747.60		2,000.04	1,247.61	38%	
Fuel Only	0.00		1,666.67		1,666.67		10,045.16		15,000.03		4,954.87		20,000.04	9,954.88	50%	
Equipment	56,433.05		33,333.33		(23,099.72)		469,387.21		299,999.97		(169,387.24)		399,999.96	(69,387.25)	117%	
Tools/Machinery	0.00		416.67		416.67		10,096.88		3,750.03		(6,346.85)		5,000.04	(5,096.84)	202%	
Supplies	4,612.97		1,250.00		(3,362.97)		23,802.30		11,250.00		(12,552.30)		15,000.00	(8,802.30)	159%	
Miscellaneous Maintenance	112,409.00		16,666.67		(95,742.33)		337,543.28		150,000.03		(187,543.25)		200,000.04	(137,543.24)	169%	
Vehicle R&M	1,589.79		5,833.33		4,243.54		10,081.72		52,499.97		42,418.25		69,999.96	59,918.24	14%	
New Customer Meter Connections & Install	0.00		26,833.33		26,833.33		10,688.12		241,499.97		230,811.85		321,999.96	311,311.84	3%	
Customer Meter Replacement & Maintenance	0.00		8,333.33		8,333.33		8,965.84		74,999.97		66,034.13		99,999.96	91,034.12	9%	
Well Plugging	0.00		8,750.00		8,750.00		0.00		78,750.00		78,750.00		105,000.00	105,000.00	0%	
GIS Implementation & Maintenance	0.00		25,000.00		25,000.00		0.00		225,000.00		225,000.00		300,000.00	300,000.00	0%	
Insurance	0.00		1,290.00		1,290.00		0.00		11,610.00		11,610.00		15,480.00	15,480.00	0%	
Engineering	28,508.80		34,166.67		5,657.87		310,409.24		307,500.03		(2,909.21)		410,000.04	99,590.80	76%	
Legal Fees	589.50		2,500.00		1,910.50		3,188.00		22,500.00		19,312.00		30,000.00	26,812.00	11%	
Accounting	16,500.00		18,333.33		1,833.33		148,500.00		164,999.97		16,499.97		219,999.96	71,499.96	68%	
Annual Audit	0.00		833.33		833.33		0.00		7,499.97		7,499.97		9,999.96	9,999.96	0%	
Travel and Entertainment	0.00		0.00		0.00		137.81		0.00		(137.81)		0.00	(137.81)	0%	
Dues, Licenses, Subscriptions	2,175.21		4,166.67		1,991.46		17,235.83		37,500.03		20,264.20		50,000.04	32,764.21	34%	
Payroll & Payroll Tax Expense	36,971.70		58,032.92		21,061.22		373,812.23		522,296.28		148,484.05		696,395.04	322,582.81	54%	

Fund: (400) BRU Fund

Cell Phone Expense Healthcare Expense 457B Match Expense Roth Match Expense	
Actual
0.00
2,490.40
694.88
70.00		Current Period
Budget
416.67
0.00
0.00
0.00		
Variance
416.67
(2,490.40)
(694.88)
(70.00)		
Actual
0.00
22,928.26
5,601.80
700.00		Year To Date
Budget
3,750.03
0.00
0.00
0.00		
Variance
3,750.03
(22,928.26)
(5,601.80)
(700.00)		Adopted Budget FY25
5,000.04
0.00
0.00
0.00	Budget Remaining
5,000.04
(22,928.26)
(5,601.80)
(700.00)	Percentage Used
0%
0%
0%
0%	
Total General & Administrative Expenses	$996,832.78		$422,156.26		$(574,676.52)		$6,420,308.53		$3,799,406.34		$(2,620,902.19)		$5,065,875.12	$(1,354,433.41)		
Total Expenses		$996,832.78			$422,156.26			$(574,676.52)			$6,420,308.53		  $3,799,406.34		  $(2,620,902.19)					
Net Income (Loss)	$(275,092.62)		$107,587.07		$(382,679.69)		$577,230.11		$968,283.63		$(391,053.52)					

Fund: (001) General Fund Sector: (00E) East Sector

			Current Period						Year To Date				Adopted	Budget	Percentage Used	
	Actual		Budget		Variance		Actual		Budget		Variance		Budget FY25	Remaining		

Revenues																
Assessments - East	$23,254.42		$196,502.42		$(173,248.00)		$2,384,664.66		$1,768,521.78		$616,142.88		$2,358,029.04	$(26,635.62)	101%	
Net Revenues	$23,254.42		$196,502.42		$(173,248.00)		$2,384,664.66		$1,768,521.78		$616,142.88		$2,358,029.04	$(26,635.62)		
General & Administrative Expenses																
University Pkwy Lorriane to Concession	$16,250.00		$12,132.00		$(4,118.00)		$131,415.00		$109,188.00		$(22,227.00)		$145,584.00	$14,169.00	90%	
The Masters Ave;Lorraine to Players	16,000.00		16,000.00		0.00		144,000.00		144,000.00		0.00		192,000.00	48,000.00	75%	
Lorraine Rd - East Side	9,131.67		10,000.00		868.33		82,185.03		90,000.00		7,814.97		120,000.00	37,814.97	68%	
Bournside Blvd. from Masters to SR70	4,290.47		4,416.67		126.20		38,614.23		39,750.03		1,135.80		53,000.04	14,385.81	73%	
Masters Ave fr. Players Dr to Bourneside	9,251.00		9,503.00		252.00		83,259.00		85,527.00		2,268.00		114,036.00	30,777.00	73%	
Bourneside Blvd from Masters	4,980.00		7,500.00		2,520.00		44,820.00		67,500.00		22,680.00		90,000.00	45,180.00	50%	
Irrigation Repairs	467.05		5,416.67		4,949.62		29,237.03		48,750.03		19,513.00		65,000.04	35,763.01	45%	
Plant replacement - 00E	23,211.80		8,750.00		(14,461.80)		58,001.80		78,750.00		20,748.20		105,000.00	46,998.20	55%	
Mulching - 00E	0.00		7,250.00		7,250.00		0.00		65,250.00		65,250.00		87,000.00	87,000.00	0%	
Tree Trimming - 00E	15,490.00		2,583.33		(12,906.67)		32,220.00		23,249.97		(8,970.03)		30,999.96	(1,220.04)	104%	
Other Landscape Maint., NC Contigency	1,260.00		5,000.00		3,740.00		36,754.88		45,000.00		8,245.12		60,000.00	23,245.12	61%	
Monthly Meter Charge	788.82		766.00		(22.82)		6,275.58		6,894.00		618.42		9,192.00	2,916.42	68%	
Utilization	36,840.26		26,666.67		(10,173.59)		218,675.49		240,000.03		21,324.54		320,000.04	101,324.55	68%	
Lake Maint. (Outside Communities)	1,900.00		2,500.00		600.00		10,850.00		22,500.00		11,650.00		30,000.00	19,150.00	36%	
Littoral Shelf Plantings - E	0.00		833.33		833.33		0.00		7,499.97		7,499.97		9,999.96	9,999.96	0%	
Conservation Areas Exotic Sps Removal	0.00		6,666.67		6,666.67		47,575.00		60,000.03		12,425.03		80,000.04	32,425.04	59%	
FPL - E	173.92		166.67		(7.25)		1,532.41		1,500.03		(32.38)		2,000.04	467.63	77%	
Roads and Sidewalks - E	0.00		166.67		166.67		0.00		1,500.03		1,500.03		2,000.04	2,000.04	0%	
Stormwater System & Drainage - E	850.00		2,083.33		1,233.33		630,194.68		18,749.97		(611,444.71)		24,999.96	(605,194.72)	2521%	
Storm Damage and Clean Up - E	0.00		2,083.33		2,083.33		84,213.00		18,749.97		(65,463.03)		24,999.96	(59,213.04)	337%	
Sanitary Sewer	0.00		416.67		416.67		0.00		3,750.03		3,750.03		5,000.04	5,000.04	0%	
Hardscapes	0.00		1,666.67		1,666.67		27,471.00		15,000.03		(12,470.97)		20,000.04	(7,470.96)	137%	
Signs	0.00		2,083.33		2,083.33		1,025.00		18,749.97		17,724.97		24,999.96	23,974.96	4%	
Miscellaneous Maintenance - E	0.00		416.67		416.67		0.00		3,750.03		3,750.03		5,000.04	5,000.04	0%	
Total General & Administrative Expenses	$140,884.99		$135,067.68		$(5,817.31)		$1,708,319.13		$1,215,609.12		$(492,710.01)		$1,620,812.16	$(87,506.97)		
Total Expenses		$140,884.99			$135,067.68			$(5,817.31)			$1,708,319.13		  $1,215,609.12			$(492,710.01)					
Net Income (Loss)	$(117,630.57)		$61,434.74		$(179,065.31)		$676,345.53		$552,912.66		$123,432.87					

Sector: (0NE) Northeast Sector	
			Current Period						Year To Date	Adopted Budget	Budget	Percentage	
	Actual		Budget		Variance		Actual		Budget		Variance		FY25	Remaining	Used	

Revenues																
Assessments - Northeast	$33,987.22		$285,837.00		$(251,849.78)		$3,664,453.44		$2,572,533.00		$1,091,920.44		$3,430,044.00	$(234,409.44)	107%	
Net Revenues	$33,987.22		$285,837.00		$(251,849.78)		$3,664,453.44		$2,572,533.00		$1,091,920.44		$3,430,044.00	$(234,409.44)		
General & Administrative Expenses																
Post Blvd & SR70 Intersecti	$2,062.00		$2,062.00		$0.00		$18,558.00		$18,558.00		$0.00		$24,744.00	$6,186.00	75%	
59th Ave-Lorraine to Post B	500.00		500.00		0.00		4,500.00		4,500.00		0.00		6,000.00	1,500.00	75%	
NE, State Road 70 & Lorraine	0.00		485.83		485.83		0.00		4,372.47		4,372.47		5,829.96	5,829.96	0%	
Uihlein Road	11,900.00		12,083.33		183.33		107,100.00		108,749.97		1,649.97		144,999.96	37,899.96	74%	
Lakebank and Swale Mowi	0.00		666.67		666.67		0.00		6,000.03		6,000.03		8,000.04	8,000.04	0%	
Lorraine Corners	7,665.00		7,833.33		168.33		68,985.00		70,499.97		1,514.97		93,999.96	25,014.96	73%	
Academic/Lighterwood	3,860.00		3,750.00		(110.00)		34,740.00		33,750.00		(990.00)		45,000.00	10,260.00	77%	
44th Ave from Lorraine to B	13,461.00		11,666.67		(1,794.33)		121,149.00		105,000.03		(16,148.97)		140,000.04	18,851.04	87%	
Post Blvd. from 59th Ave to	2,216.08		3,333.33		1,117.25		19,944.72		29,999.97		10,055.25		39,999.96	20,055.24	50%	
Uihlein Rd.; 44th Ave. to SR64	0.00		5,909.17		5,909.17		0.00		53,182.53		53,182.53		70,910.04	70,910.04	0%	
Rangeland Pkwy.; Uihlein	4,125.00		10,000.00		5,875.00		33,000.00		90,000.00		57,000.00		120,000.00	87,000.00	28%	
Bourneside NE Sector	10,240.00		10,614.92		374.92		92,160.00		95,534.28		3,374.28		127,379.04	35,219.04	72%	
Rangeland Pkwy.; Lorraine	6,940.00		7,000.00		60.00		62,460.00		63,000.00		540.00		84,000.00	21,540.00	74%	
Irrigation Repairs - NE	793.75		4,025.00		3,231.25		74,387.21		36,225.00		(38,162.21)		48,300.00	(26,087.21)	154%	
Plant Replacement - NE	18,309.98		5,250.00		(13,059.98)		20,933.98		47,250.00		26,316.02		63,000.00	42,066.02	33%	
Mulching - NE	0.00		7,000.00		7,000.00		0.00		63,000.00		63,000.00		84,000.00	84,000.00	0%	
Tree Trimming - NE	0.00		4,200.00		4,200.00		24,570.00		37,800.00		13,230.00		50,400.00	25,830.00	49%	
Other Landscape Maintena - NE	285.00		6,916.67		6,631.67		16,121.37		62,250.03		46,128.66		83,000.04	66,878.67	19%	
Irrigation-Mthly. Meter Char - NE	788.82		766.00		(22.82)		6,275.58		6,894.00		618.42		9,192.00	2,916.42	68%	
Irrigation - Utilization - NE	15,258.25		16,666.67		1,408.42		90,569.53		150,000.03		59,430.50		200,000.04	109,430.51	45%	
Lake maint.- lakes outside com. - NE	7,720.52		2,916.67		(4,803.85)		60,659.16		26,250.03		(34,409.13)		35,000.04	(25,659.12)	173%	
Littoral Shelf Plantings - NE	0.00		833.33		833.33		0.00		7,499.97		7,499.97		9,999.96	9,999.96	0%	
Conservation areas - NE	0.00		6,250.00		6,250.00		10,728.00		56,250.00		45,522.00		75,000.00	64,272.00	14%	
Manatee County	0.00		8.33		8.33		0.00		74.97		74.97		99.96	99.96	0%	
Peace River Utilities - NE	214.31		2,083.33		1,869.02		3,402.66		18,749.97		15,347.31		24,999.96	21,597.30	14%	
Drainage Maintenance - NE	11,000.00		2,500.00		(8,500.00)		11,882.40		22,500.00		10,617.60		30,000.00	18,117.60	40%	
Storm Damage and Clean Up - NE	0.00		2,500.00		2,500.00		20,689.62		22,500.00		1,810.38		30,000.00	9,310.38	69%	
Sanitary Sewer - NE	0.00		416.67		416.67		1,925.00		3,750.03		1,825.03		5,000.04	3,075.04	38%	
Hardscapes - NE	0.00		833.33		833.33		3,106.38		7,499.97		4,393.59		9,999.96	6,893.58	31%	
Signs - NE	0.00		1,666.67		1,666.67		1,464.58		15,000.03		13,535.45		20,000.04	18,535.46	7%	
Miscellaneous Maintenance - NE	0.00		100.00		100.00		0.00		900.00		900.00		1,200.00	1,200.00	0%	
Total General & Administrative Expenses	$117,339.71		$140,837.92		$23,498.21		$909,312.19		$1,267,541.28		$358,229.09		$1,690,055.04	$780,742.85		
Total Expenses		$117,339.71			$140,837.92			$23,498.21			$909,312.19		  $1,267,541.28			$358,229.09					
Net Income (Loss)	$(83,352.49)		$144,999.08		$(228,351.57)		$2,755,141.25		$1,304,991.72		$1,450,149.53					

Fund: (001) General Fund	
Sector: (0NW) Northwest Sector	
			Current Period						Year To Date				Adopted	Budget	Percentage	
	Actual		Budget		Variance		Actual		Budget		Variance		Budget FY25	Remaining	Used	

Revenues																
Assessments - Northwest	$32,198.41		$274,488.58		$(242,290.17)		$3,299,971.45		$2,470,397.22		$829,574.23		$3,293,862.96	$(6,108.49)	100%	
Net Revenues	$32,198.41		$274,488.58		$(242,290.17)		$3,299,971.45		$2,470,397.22		$829,574.23		$3,293,862.96	$(6,108.49)		
General & Administrative Expenses																
Kent Lake & Lake Bank Ma	$16,460.00		$5,000.00		$(11,460.00)		$130,420.00		$45,000.00		$(85,420.00)		$60,000.00	$(70,420.00)	217%	
Lake Bank mowing	0.00		2,833.33		2,833.33		0.00		25,499.97		25,499.97		33,999.96	33,999.96	0%	
Rangeland-WhiteEagle to	4,069.50		0.00		(4,069.50)		28,486.50		0.00		(28,486.50)		0.00	(28,486.50)	0%	
Silver Falls	4,756.25		166.67		(4,589.58)		42,806.25		1,500.03		(41,306.22)		2,000.04	(40,806.21)	2140%	
NW Sector East Landscape Contract	18,971.05		23,585.33		4,614.28		174,808.95		212,267.97		37,459.02		283,023.96	108,215.01	62%	
NW Sector West Landscape Contract	20,865.66		24,298.58		3,432.92		199,010.44		218,687.22		19,676.78		291,582.96	92,572.52	68%	
Crossland Trail	0.00		2,750.00		2,750.00		0.00		24,750.00		24,750.00		33,000.00	33,000.00	0%	
Newhaven Blvd.	3,033.07		1,666.67		(1,366.40)		27,297.63		15,000.03		(12,297.60)		20,000.04	(7,297.59)	136%	
Irrigation Repairs - NW	2,111.07		7,000.00		4,888.93		131,817.79		63,000.00		(68,817.79)		84,000.00	(47,817.79)	157%	
Plant Replacement - NW	0.00		7,000.00		7,000.00		7,206.96		63,000.00		55,793.04		84,000.00	76,793.04	9%	
Mulching - NW	0.00		8,750.00		8,750.00		300.00		78,750.00		78,450.00		105,000.00	104,700.00	0%	
Tree Trimming - NW	300.00		7,000.00		6,700.00		51,575.00		63,000.00		11,425.00		84,000.00	32,425.00	61%	
Other Landscape Maintena - NW	1,500.00		12,687.50		11,187.50		17,813.75		114,187.50		96,373.75		152,250.00	134,436.25	12%	
Irrigation-Mthly Meter Char - NW	788.82		766.00		(22.82)		6,275.58		6,894.00		618.42		9,192.00	2,916.42	68%	
Irrigation - Utilization - NW	33,591.36		25,833.33		(7,758.03)		199,390.73		232,499.97		33,109.24		309,999.96	110,609.23	64%	
Lake maint.-lakes outside com. - NW	9,598.38		2,916.67		(6,681.71)		57,412.04		26,250.03		(31,162.01)		35,000.04	(22,412.00)	164%	
Littoral Shelf Plantings	0.00		1,250.00		1,250.00		0.00		11,250.00		11,250.00		15,000.00	15,000.00	0%	
Conservation areas - NW	1,275.00		8,333.33		7,058.33		27,600.00		74,999.97		47,399.97		99,999.96	72,399.96	28%	
FPL - NW	53.43		75.00		21.57		452.55		675.00		222.45		900.00	447.45	50%	
Peace River Utilities - NW	0.00		2,000.00		2,000.00		2,227.78		18,000.00		15,772.22		24,000.00	21,772.22	9%	
Drainage Maintenance - NW	119,520.33		2,500.00		(117,020.33)		131,040.33		22,500.00		(108,540.33)		30,000.00	(101,040.33)	437%	
Storm Damage and Clean Up	0.00		2,500.00		2,500.00		33,340.60		22,500.00		(10,840.60)		30,000.00	(3,340.60)	111%	
Sanitary Sewer - NW	0.00		4,166.67		4,166.67		20,568.14		37,500.03		16,931.89		50,000.04	29,431.90	41%	
Hardscapes - NW	0.00		2,500.00		2,500.00		6,431.21		22,500.00		16,068.79		30,000.00	23,568.79	21%	
Signs - NW	0.00		1,666.67		1,666.67		30,344.87		15,000.03		(15,344.84)		20,000.04	(10,344.83)	152%	
Miscellaneous Maintenance - NW	0.00		416.67		416.67		0.00		3,750.03		3,750.03		5,000.04	5,000.04	0%	
Total General & Administrative Expenses	$236,893.92		$157,662.42		$(79,231.50)		$1,326,627.10		$1,418,961.78		$92,334.68		$1,891,949.04	$565,321.94		
Total Expenses		$236,893.92			$157,662.42			$(79,231.50)			$1,326,627.10		  $1,418,961.78			$92,334.68					
Net Income (Loss)	$(204,695.51)		$116,826.16		$(321,521.67)		$1,973,344.35		$1,051,435.44		$921,908.91					

Lakewood Ranch Stewardship District	
Income Statement	
For the period of 6/1/2025 Through 6/30/2025	
Fund: (001) General Fund	
Sector: (SRQ) Sarasota Sector	
			Current Period						Year To Date				Adopted	Budget	Percentage	
	Actual		Budget		Variance		Actual		Budget		Variance		Budget FY25	Remaining	Used	

Revenues																
Assessments - Sarasota	$16,762.56		$180,567.58		$(163,805.02)		$2,190,613.08		$1,625,108.22		$565,504.86		$2,166,810.96	$(23,802.12)	101%	
Net Revenues	$16,762.56		$180,567.58		$(163,805.02)		$2,190,613.08		$1,625,108.22		$565,504.86		$2,166,810.96	$(23,802.12)		
General & Administrative Expenses																
Deer Drive	$11,279.41		$11,279.00		$(0.41)		$101,514.69		$101,511.00		$(3.69)		$135,348.00	$33,833.31	75%	
Lorraine Road; University P	0.00		14,042.00		14,042.00		0.00		126,378.00		126,378.00		168,504.00	168,504.00	0%	
LWR Blvd; Comm Blvd to D	9,877.00		9,877.00		0.00		88,893.00		88,893.00		0.00		118,524.00	29,631.00	75%	
Lorraine Rd;South Boundar	6,586.22		6,586.00		(0.22)		59,275.98		59,274.00		(1.98)		79,032.00	19,756.02	75%	
Blythe Ave. CAnnon St. and Lucent Pl.	2,500.00		2,250.00		(250.00)		22,006.00		20,250.00		(1,756.00)		27,000.00	4,994.00	82%	
Blue Lake Road	9,035.00		12,500.00		3,465.00		53,815.00		112,500.00		58,685.00		150,000.00	96,185.00	36%	
Pine Warbler Place	690.00		1,000.00		310.00		6,089.50		9,000.00		2,910.50		12,000.00	5,910.50	51%	
Irrigation Repairs - SRQ	7,364.05		4,033.33		(3,330.72)		54,617.43		36,299.97		(18,317.46)		48,399.96	(6,217.47)	113%	
Plant Replacement - SRQ	8,360.00		8,066.67		(293.33)		25,421.00		72,600.03		47,179.03		96,800.04	71,379.04	26%	
Mulching - SRQ	0.00		6,050.00		6,050.00		5,130.00		54,450.00		49,320.00		72,600.00	67,470.00	7%	
Tree Trimming - SRQ	13,300.00		4,033.33		(9,266.67)		32,925.00		36,299.97		3,374.97		48,399.96	15,474.96	68%	
Other Landscape Maintena - SRQ	501.05		8,066.67		7,565.62		22,575.70		72,600.03		50,024.33		96,800.04	74,224.34	23%	
Irrigation-Mthly Meter Char - SRQ	788.82		766.00		(22.82)		6,275.58		6,894.00		618.42		9,192.00	2,916.42	68%	
Irrigation - Utilization - SRQ	11,545.22		18,333.33		6,788.11		68,529.81		164,999.97		96,470.16		219,999.96	151,470.15	31%	
Lake maint.-lakes outside com. - SRQ	12,221.62		4,166.67		(8,054.95)		28,380.71		37,500.03		9,119.32		50,000.04	21,619.33	57%	
Littoral Shelf Plantings - SRQ	0.00		500.00		500.00		0.00		4,500.00		4,500.00		6,000.00	6,000.00	0%	
Conservation areas - SRQ	0.00		6,666.67		6,666.67		10,750.00		60,000.03		49,250.03		80,000.04	69,250.04	13%	
FPL - SRQ	2,050.18		2,916.67		866.49		25,438.59		26,250.03		811.44		35,000.04	9,561.45	73%	
Stormwater System & Drainage - SRQ	8,559.00		2,500.00		(6,059.00)		155,268.58		22,500.00		(132,768.58)		30,000.00	(125,268.58)	518%	
Storm Damage and Clean Up - SRQ	104,690.00		2,500.00		(102,190.00)		1,117,874.41		22,500.00		(1,095,374.41)		30,000.00	(1,087,874.41)	3726%	
Sanitary Sewer - SRQ	0.00		166.67		166.67		0.00		1,500.03		1,500.03		2,000.04	2,000.04	0%	
Water Taxi - Operation, Maint & Ins.	653.24		4,166.67		3,513.43		30,049.61		37,500.03		7,450.42		50,000.04	19,950.43	60%	
Hardscapes - SRQ	0.00		2,083.33		2,083.33		35,541.78		18,749.97		(16,791.81)		24,999.96	(10,541.82)	142%	
Signs - SRQ	0.00		1,666.67		1,666.67		13,274.00		15,000.03		1,726.03		20,000.04	6,726.04	66%	
Miscellaneous Maintenance - SRQ	0.00		166.67		166.67		0.00		1,500.03		1,500.03		2,000.04	2,000.04	0%	
Total General & Administrative Expenses	$210,000.81		$134,383.35		$(75,617.46)		$1,963,646.37		$1,209,450.15		$(754,196.22)		$1,612,600.20	$(351,046.17)		
Total Expenses		$210,000.81			$134,383.35			$(75,617.46)			$1,963,646.37		  $1,209,450.15			$(754,196.22)					
Net Income (Loss)	$(193,238.25)		$46,184.23		$(239,422.48)		$226,966.71		$415,658.07		$(188,691.36)					

Lakewood Ranch Stewardship District
Income Statement
For the period of 6/1/2025 Through 6/30/2025

Fund: (001) General Fund	
Sector: (TAY) Taylor Sector	
			Current Period						Year To Date				Adopted	Budget	Percentage	
	Actual		Budget		Variance		Actual		Budget		Variance		Budget FY25	Remaining	Used	

General & Administrative Expenses																
Rangeland - East of Bournesdie	$0.00		$8,333.33		$8,333.33		$0.00		$74,999.97		$74,999.97		$99,999.96	$99,999.96	0%	
44th Ave. East - East of Bourneside	4,850.00		8,333.33		3,483.33		9,300.00		74,999.97		65,699.97		99,999.96	90,699.96	9%	
Irrigation Repairs	0.00		2,500.00		2,500.00		24,894.57		22,500.00		(2,394.57)		30,000.00	5,105.43	83%	
Plant Replacement	0.00		833.33		833.33		0.00		7,499.97		7,499.97		9,999.96	9,999.96	0%	
Tree Trimming	0.00		833.33		833.33		0.00		7,499.97		7,499.97		9,999.96	9,999.96	0%	
Other Landscape Maintenace	3,900.00		1,666.67		(2,233.33)		3,900.00		15,000.03		11,100.03		20,000.04	16,100.04	19%	
Monthly Meter Change	0.00		791.67		791.67		0.00		7,125.03		7,125.03		9,500.04	9,500.04	0%	
Utilization	0.00		8,333.33		8,333.33		0.00		74,999.97		74,999.97		99,999.96	99,999.96	0%	
Conservation/Preserve Areas Exotic Sp.	0.00		833.33		833.33		0.00		7,499.97		7,499.97		9,999.96	9,999.96	0%	
Peace River	0.00		833.33		833.33		0.00		7,499.97		7,499.97		9,999.96	9,999.96	0%	
Stormwater System & Drainage	0.00		833.33		833.33		0.00		7,499.97		7,499.97		9,999.96	9,999.96	0%	
Storm Damage and Clean Up	0.00		833.33		833.33		0.00		7,499.97		7,499.97		9,999.96	9,999.96	0%	
Signs	0.00		833.33		833.33		1,223.36		7,499.97		6,276.61		9,999.96	8,776.60	12%	
Total General & Administrative Expenses	$8,750.00		$35,791.64		$27,041.64		$39,317.93		$322,124.76		$282,806.83		$429,499.68	$390,181.75		
Total Expenses		$8,750.00			$35,791.64			$27,041.64			$39,317.93			$322,124.76			$282,806.83					
Net Income (Loss)	$(8,750.00)		$(35,791.64)		$27,041.64		$(39,317.93)		$(322,124.76)		$282,806.83