Lakewood Ranch Stewardship District
July 2025 Debt Service Financial Package

July 31, 2025

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

Lakewood Ranch Stewardship District
Summary Income Statement July 2025

Revenue	
	Current Period	Current Period	Current Period	Year to Date Actual	Year to Date Budget		Year to Date	
		Actual		Budget		Variance						Variance	
Administrative $	14,334.33	$	76,600.41	$	(62,266.08)	$	326,591.05	$	766,004.10	$	(439,413.05)	
East Sector	$	482.80  $	196,502.42	$	(196,019.62)	$ 2,385,147.46  $  1,965,024.20	$	420,123.26	
Northeast Sector	$	705.63  $	285,837.00	$	(285,131.37)	$ 3,665,159.07  $  2,858,370.00	$	806,789.07	
Northwest Sector	$	668.49  $	274,488.58	$	(273,820.09)	$ 3,300,639.94  $  2,744,885.80	$	555,754.14	
SRQ	$	-	$	180,567.58	$	(180,567.58)	$ 2,190,613.08  $  1,805,675.80	$	384,937.28	
Taylor	$	-	$	-	$	-	$	-	$	-	$	-	
Total Revenue	$	16,191.25	$	1,013,995.99	$	(997,804.74) $ 11,868,150.60	$ 10,139,959.90	$ 1,728,190.70	
Expenses	
	Current Period	Current Period	Current Period	Year to Date Actual	Year to Date Budget		Year to Date	
		Actual		Budget		Variance						Variance	
Administrative $	343,879.40	$	410,253.12	$	66,373.72	$	3,583,663.36	$  4,102,531.20  $	518,867.84	
East Sector	$	109,246.98  $	135,067.68	$	25,820.70	$ 1,817,566.11  $  1,350,676.80	$	(466,889.31)	
Northeast Sector	$	130,687.09  $	140,837.92	$	10,150.83	$ 1,039,999.28  $  1,408,379.20  $	368,379.92	
Northwest Sector	$	121,553.50  $	157,662.42	$	36,108.92	$ 1,448,180.60  $  1,576,624.20  $	128,443.60	
SRQ	$	145,116.94  $	134,383.35	$	(10,733.59)	$ 2,108,763.31  $  1,343,833.50	$	(764,929.81)	
Taylor	$	18,354.60  $	35,791.64	$	17,437.04	$	57,672.53  $	357,916.40  $	300,243.87	
Total Expenses	$	868,838.51	$	1,013,996.13	$	145,157.62	$ 10,055,845.19	$ 10,139,961.30	$	84,116.11	

Income (Loss)	$  (852,647.26) $	(0.14) $(1,142,962.36) $ 1,812,305.41  $	(1.40) $ 1,644,074.59

Lakewood Ranch Stewardship District
Statement of Financial Position As of 7/31/2025

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

			Assets								
Current Assets											
Northern Trust-Operating Account	$181,422.22		$69,490.92	$111,931.30							
Northern Trust-Money Market	2,676,917.46		3,661,977.01	(985,059.55)							
Reserve Account	1,049,023.68		1,049,019.36	4.32							
Prepaid Expense	33,051.28		30,220.45	2,830.83							
Due from BRU	20,495.19		16,744.61	3,750.58							
BRU Operating Account						$756,095.36		$460,024.94		$296,070.42	
BRU Revenue Account						195,965.12		93,037.29		102,927.83	
Accounts Receivable						940,498.46		1,531,417.14		(590,918.68)	
Due from General Fund						82.08		0.00		82.08	
Prepaid Expense			
			1,460.77		1,460.77		0.00	
Total Current Assets	$3,960,909.83		$4,827,452.35	($866,542.52)		$1,894,101.79		$2,085,940.14		($191,838.35)	
Total Assets	$3,960,909.83		
$4,827,452.35	($866,542.52)		$1,894,101.79		$2,085,940.14		($191,838.35)	

Liabilities and Net Assets	
Current Liabilities											
Accounts Payable	$62,770.34		$57,258.34	$5,512.00							
Payroll Tax Liability	41.06		119.48	(78.42)							
Healthcare Liability	14,254.18		14,960.47	(706.29)							
Reserve Liability	1,049,023.68		1,049,019.36	4.32							
Due to BRU Fund	82.08		0.00	82.08							
Due to Debt Service Funds	0.00		18,708.95	(18,708.95)							
Accounts Payable						$12,400.10		$135,447.74		($123,047.64)	
Due to General Fund			
			20,495.19		16,744.61		3,750.58	
Total Current Liabilities	$1,126,171.34		$1,140,066.60	($13,895.26)		$32,895.29		$152,192.35		($119,297.06)	
Total Liabilities	$1,126,171.34		
$1,140,066.60	($13,895.26)		$32,895.29		$152,192.35		($119,297.06)	

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	
	1,812,305.41		2,664,952.67	(852,647.26)		504,688.82		577,230.11		(72,541.29)	
Total Net Assets	$2,834,738.49		
$3,687,385.75	($852,647.26)		$1,861,206.50		$1,933,747.79		($72,541.29)	

								
Total Liabilities and Net Assets	$3,960,909.83		$4,827,452.35	($866,542.52)		$1,894,101.79		$2,085,940.14		($191,838.35)	

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		$765,170.80		$(544,868.65)		$918,204.96	$697,902.81	24%	
Other Revenue	4.32		83.33		(79.01)		73,222.97		833.30		72,389.67		999.96	(72,223.01)	7323%	
Park Revenue	1,225.52		0.00		1,225.52		7,984.43		0.00		7,984.43		0.00	(7,984.43)	0%	
Net Revenues	$1,229.84		$76,600.41		$(75,370.57)		$301,509.55		$766,004.10		$(464,494.55)		$919,204.92	$617,695.37		
General & Administrative Expenses																
Maintenance Management	$15,000.00		$15,000.00		$0.00		$150,000.00		$150,000.00		$0.00		$180,000.00	$30,000.00	83%	
Uniforms	0.00		333.33		333.33		2,163.70		3,333.30		1,169.60		3,999.96	1,836.26	54%	
Job Materials	0.00		666.67		666.67		2,059.05		6,666.70		4,607.65		8,000.04	5,940.99	26%	
Phone/Radio	439.81		583.33		143.52		4,284.48		5,833.30		1,548.82		6,999.96	2,715.48	61%	
Office Supplies	0.00		250.00		250.00		95.00		2,500.00		2,405.00		3,000.00	2,905.00	3%	
Fuel Only	15.68		1,550.00		1,534.32		13,735.77		15,500.00		1,764.23		18,600.00	4,864.23	74%	
Equipment	1,092.17		416.67		(675.50)		91,424.93		4,166.70		(87,258.23)		5,000.04	(86,424.89)	1828%	
Tools/Machinery	0.00		4,166.67		4,166.67		0.00		41,666.70		41,666.70		50,000.04	50,000.04	0%	
Supplies	6,362.99		3,333.33		(3,029.66)		100,482.62		33,333.30		(67,149.32)		39,999.96	(60,482.66)	251%	
Miscellaneous Maintenance	543.39		2,500.00		1,956.61		47,478.95		25,000.00		(22,478.95)		30,000.00	(17,478.95)	158%	
Maintenance Yard	0.00		250.00		250.00		0.00		2,500.00		2,500.00		3,000.00	3,000.00	0%	
Vehicle R&M	722.78		333.33		(389.45)		26,787.69		3,333.30		(23,454.39)		3,999.96	(22,787.73)	670%	
Vehicle	54,679.00		4,166.67		(50,512.33)		54,720.80		41,666.70		(13,054.10)		50,000.04	(4,720.76)	109%	
Community Services P&A Admin Fee	0.00		28,392.08		28,392.08		0.00		283,920.80		283,920.80		340,704.96	340,704.96	0%	
Waste Management	0.00		250.00		250.00		0.00		2,500.00		2,500.00		3,000.00	3,000.00	0%	
Robert N Gardner Park at L	45,696.78		29,166.67		(16,530.11)		357,365.88		291,666.70		(65,699.18)		350,000.04	(7,365.84)	102%	
James L patton Park at Ke	6,506.69		11,666.67		5,159.98		53,220.51		116,666.70		63,446.19		140,000.04	86,779.53	38%	
Roger A Hill Park at White	3,801.02		4,166.67		365.65		38,348.18		41,666.70		3,318.52		50,000.04	11,651.86	77%	
Silver Falls Park	4,139.75		2,291.67		(1,848.08)		19,466.25		22,916.70		3,450.45		27,500.04	8,033.79	71%	
Waterside Park	29,809.19		16,228.00		(13,581.19)		270,194.44		162,280.00		(107,914.44)		194,736.00	(75,458.44)	139%	
Town Hall North	6,155.84		8,166.67		2,010.83		44,721.43		81,666.70		36,945.27		98,000.04	53,278.61	46%	
117th Park Project	500.00		416.67		(83.33)		2,100.00		4,166.70		2,066.70		5,000.04	2,900.04	42%	
University LWR Entrance	16,250.00		12,500.00		(3,750.00)		54,956.45		125,000.00		70,043.55		150,000.00	95,043.55	37%	
Trails (Harmony & Curlew)	0.00		4,166.67		4,166.67		24,505.00		41,666.70		17,161.70		50,000.04	25,495.04	49%	
Tunnel Park	0.00		2,083.33		2,083.33		0.00		20,833.30		20,833.30		24,999.96	24,999.96	0%	
CDD Allocation-Univ. Pkwy & Lorraine Row	0.00		2,083.33		2,083.33		22,308.00		20,833.30		(1,474.70)		24,999.96	2,691.96	89%	
GIS Implementation & Maintenance	0.00		29,166.67		29,166.67		0.00		291,666.70		291,666.70		350,000.04	350,000.04	0%	
Insurance	0.00		7,083.33		7,083.33		158,700.00		70,833.30		(87,866.70)		84,999.96	(73,700.04)	187%	

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	
Supervisor Fees	200.00		1,000.00		800.00		5,000.00		10,000.00		5,000.00		12,000.00	7,000.00	42%	
Meeting Advertising	0.00		921.67		921.67		7,838.00		9,216.70		1,378.70		11,060.04	3,222.04	71%	
Engineering	34,433.25		11,666.67		(22,766.58)		265,719.05		116,666.70		(149,052.35)		140,000.04	(125,719.01)	190%	
Bond Agent Fees	0.00		1,916.67		1,916.67		12,540.00		19,166.70		6,626.70		23,000.04	10,460.04	55%	
Arbitrage Report	0.00		416.67		416.67		0.00		4,166.70		4,166.70		5,000.04	5,000.04	0%	
Legal Fees	0.00		10,416.67		10,416.67		38,398.55		104,166.70		65,768.15		125,000.04	86,601.49	31%	
Accounting	8,333.33		9,166.67		833.34		85,533.32		91,666.70		6,133.38		110,000.04	24,466.72	78%	
Lien Book and Tax Roll	0.00		33,291.67		33,291.67		289,000.00		332,916.70		43,916.70		399,500.04	110,500.04	72%	
Annual Audit	0.00		2,500.00		2,500.00		30,500.00		25,000.00		(5,500.00)		30,000.00	(500.00)	102%	
Trustee	1,415.42		13,000.00		11,584.58		148,637.17		130,000.00		(18,637.17)		156,000.00	7,362.83	95%	
Manager	7,500.00		19,833.33		12,333.33		75,000.00		198,333.30		123,333.30		237,999.96	162,999.96	32%	
Postage	40.33		125.00		84.67		641.98		1,250.00		608.02		1,500.00	858.02	43%	
Office Supplies	0.00		125.00		125.00		0.00		1,250.00		1,250.00		1,500.00	1,500.00	0%	
Other Current Charges	75.61		317.50		241.89		5,494.86		3,175.00		(2,319.86)		3,810.00	(1,684.86)	144%	
Dues, Licenses, Subscriptions	2,494.90		5,000.00		2,505.10		43,647.76		50,000.00		6,352.24		60,000.00	16,352.24	73%	
Payroll & Payroll Tax Expense	68,689.34		97,087.00		28,397.66		828,899.44		970,870.00		141,970.56		1,165,044.00	336,144.56	71%	
Cell Phone Expense	83.10		83.33		0.23		678.65		833.30		154.65		999.96	321.31	68%	
Healthcare Expense	5,802.52		0.00		(5,802.52)		69,039.67		0.00		(69,039.67)		0.00	(69,039.67)	0%	
457B Match Expense	639.71		0.00		(639.71)		7,784.51		0.00		(7,784.51)		0.00	(7,784.51)	0%	
Defined Employee Contribution Plan	0.00		3,166.67		3,166.67		1,500.00		31,666.70		30,166.70		38,000.04	36,500.04	4%	
Roth Match Expense	202.48		0.00		(202.48)		4,223.86		0.00		(4,223.86)		0.00	(4,223.86)	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	22,250.00		0.00		(22,250.00)		94,750.00		0.00		(94,750.00)		0.00	(94,750.00)	0%	
Reserves	4.32		8,840.17		8,835.85		28,217.41		88,401.70		60,184.29		106,082.04	77,864.63	27%	
Total General & Administrative Expenses	$343,879.40		$410,253.12		$66,373.72		$3,583,663.36		$4,102,531.20		$518,867.84		$4,923,037.44	$1,339,374.08		
Total Expenses		$343,879.40			$410,253.12			$66,373.72			$3,583,663.36		  $4,102,531.20			$518,867.84					
Income (Loss) from Operations	$(342,649.56)		$(333,652.71)		$(8,996.85)		$(3,282,153.81)		$(3,336,527.10)		$54,373.29					
Other Income (Expense)																
Interest Income	$13,104.49		$0.00		$13,104.49		$25,081.50		$0.00		$25,081.50					
Total Other Income (Expense)	$13,104.49		$0.00		$13,104.49		$25,081.50		$0.00		$25,081.50					
Net Income (Loss)	$(329,545.07)		$(333,652.71)		$4,107.64		$(3,257,072.31)		$(3,336,527.10)		$79,454.79					

Lakewood Ranch Stewardship District	
Income Statement	
For the period of 7/1/2025 Through 7/31/2025	
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	581,310.08		529,743.33		51,566.75		7,566,848.72		5,297,433.30		2,269,415.42		6,356,919.96	(1,209,928.76)	119%	
Net Revenues	$581,310.08		$529,743.33		$51,566.75		$7,578,848.72		$5,297,433.30		$2,281,415.42		$6,356,919.96	$(1,221,928.76)		
General & Administrative Expenses																
Transfer to Debt Service/Construct. Fund	$240,337.04		$0.00		$(240,337.04)		$3,576,500.46		$0.00		$(3,576,500.46)		$0.00	$(3,576,500.46)	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	12,944.60		41,666.67		28,722.07		338,752.54		416,666.70		77,914.16		500,000.04	161,247.50	68%	
Peace River Utilities	26,541.70		33,333.33		6,791.63		239,698.87		333,333.30		93,634.43		399,999.96	160,301.09	60%	
City of Sarasota Utilities	106,779.33		42,250.00		(64,529.33)		418,093.26		422,500.00		4,406.74		507,000.00	88,906.74	82%	
City of Bradenton Utilities	0.00		39,000.00		39,000.00		335,415.20		390,000.00		54,584.80		468,000.00	132,584.80	72%	
MCUD	4,578.00		0.00		(4,578.00)		36,861.30		0.00		(36,861.30)		0.00	(36,861.30)	0%	
Maintenance Mgmt - Stewardship O&M	0.00		3,000.00		3,000.00		0.00		30,000.00		30,000.00		36,000.00	36,000.00	0%	
Maintenance Management	0.00		12,500.00		12,500.00		0.00		125,000.00		125,000.00		150,000.00	150,000.00	0%	
Uniforms	155.57		250.00		94.43		2,026.88		2,500.00		473.12		3,000.00	973.12	68%	
Job Materials	0.00		1,666.67		1,666.67		0.00		16,666.70		16,666.70		20,000.04	20,000.04	0%	
Phone/Radio	473.97		500.00		26.03		4,740.87		5,000.00		259.13		6,000.00	1,259.13	79%	
Office Supplies	45.00		166.67		121.67		797.43		1,666.70		869.27		2,000.04	1,202.61	40%	
Fuel Only	1,538.94		1,666.67		127.73		11,584.10		16,666.70		5,082.60		20,000.04	8,415.94	58%	
Equipment	40,823.86		33,333.33		(7,490.53)		510,211.07		333,333.30		(176,877.77)		399,999.96	(110,211.11)	128%	
Tools/Machinery	0.00		416.67		416.67		10,096.88		4,166.70		(5,930.18)		5,000.04	(5,096.84)	202%	
Supplies	3,125.05		1,250.00		(1,875.05)		26,927.35		12,500.00		(14,427.35)		15,000.00	(11,927.35)	180%	
Miscellaneous Maintenance	89,358.50		16,666.67		(72,691.83)		426,901.78		166,666.70		(260,235.08)		200,000.04	(226,901.74)	213%	
Vehicle R&M	426.09		5,833.33		5,407.24		10,507.81		58,333.30		47,825.49		69,999.96	59,492.15	15%	
New Customer Meter Connections & Install	0.00		26,833.33		26,833.33		10,688.12		268,333.30		257,645.18		321,999.96	311,311.84	3%	
Customer Meter Replacement & Maintenance	0.00		8,333.33		8,333.33		8,965.84		83,333.30		74,367.46		99,999.96	91,034.12	9%	
Well Plugging	0.00		8,750.00		8,750.00		0.00		87,500.00		87,500.00		105,000.00	105,000.00	0%	
GIS Implementation & Maintenance	0.00		25,000.00		25,000.00		0.00		250,000.00		250,000.00		300,000.00	300,000.00	0%	
Insurance	0.00		1,290.00		1,290.00		0.00		12,900.00		12,900.00		15,480.00	15,480.00	0%	
Engineering	69,754.72		34,166.67		(35,588.05)		380,163.96		341,666.70		(38,497.26)		410,000.04	29,836.08	93%	
Legal Fees	0.00		2,500.00		2,500.00		3,188.00		25,000.00		21,812.00		30,000.00	26,812.00	11%	
Accounting	15,000.00		18,333.33		3,333.33		163,500.00		183,333.30		19,833.30		219,999.96	56,499.96	74%	
Annual Audit	0.00		833.33		833.33		0.00		8,333.30		8,333.30		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	1,090.10		4,166.67		3,076.57		18,325.93		41,666.70		23,340.77		50,000.04	31,674.11	37%	

Lakewood Ranch Stewardship District
Income Statement
For the period of 7/1/2025 Through 7/31/2025 Fund: (400) BRU Fund

Payroll & Payroll Tax Expense Cell Phone Expense Healthcare Expense
457B Match Expense
Roth Match Expense	
Actual
37,390.45
0.00
2,710.82
707.63
70.00		Current Period
Budget
58,032.92
416.67
0.00
0.00
0.00		
Variance
20,642.47
416.67
(2,710.82)
(707.63)
(70.00)		
Actual
411,202.68
0.00
25,639.08
6,309.43
770.00		Year To Date
Budget
580,329.20
4,166.70
0.00
0.00
0.00		
Variance
169,126.52
4,166.70
(25,639.08)
(6,309.43)
(770.00)		Adopted Budget FY25
696,395.04
5,000.04
0.00
0.00
0.00	Budget Remaining
285,192.36
5,000.04
(25,639.08)
(6,309.43)
(770.00)	Percentage Used
59%
0%
0%
0%
0%	
Total General & Administrative Expenses	$653,851.37		$422,156.26		$(231,695.11)		$7,074,159.90		$4,221,562.60		$(2,852,597.30)		$5,065,875.12	$(2,008,284.78)		
Total Expenses		$653,851.37			$422,156.26			$(231,695.11)			$7,074,159.90		  $4,221,562.60		  $(2,852,597.30)					
Net Income (Loss)	$(72,541.29)		$107,587.07		$(180,128.36)		$504,688.82		$1,075,870.70		$(571,181.88)					

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

Revenues																
Assessments - East	$482.80		$196,502.42		$(196,019.62)		$2,385,147.46		$1,965,024.20		$420,123.26		$2,358,029.04	$(27,118.42)	101%	
Net Revenues	$482.80		$196,502.42		$(196,019.62)		$2,385,147.46		$1,965,024.20		$420,123.26		$2,358,029.04	$(27,118.42)		
General & Administrative Expenses																
University Pkwy Lorriane to Concession	$0.00		$12,132.00		$12,132.00		$131,415.00		$121,320.00		$(10,095.00)		$145,584.00	$14,169.00	90%	
The Masters Ave;Lorraine to Players	16,000.00		16,000.00		0.00		160,000.00		160,000.00		0.00		192,000.00	32,000.00	83%	
Lorraine Rd - East Side	9,131.67		10,000.00		868.33		91,316.70		100,000.00		8,683.30		120,000.00	28,683.30	76%	
Bournside Blvd. from Masters to SR70	4,290.47		4,416.67		126.20		42,904.70		44,166.70		1,262.00		53,000.04	10,095.34	81%	
Masters Ave fr. Players Dr to Bourneside	9,251.00		9,503.00		252.00		92,510.00		95,030.00		2,520.00		114,036.00	21,526.00	81%	
Bourneside Blvd from Masters	4,980.00		7,500.00		2,520.00		49,800.00		75,000.00		25,200.00		90,000.00	40,200.00	55%	
Irrigation Repairs	(2,602.30)		5,416.67		8,018.97		26,634.73		54,166.70		27,531.97		65,000.04	38,365.31	41%	
Plant replacement - 00E	4,125.00		8,750.00		4,625.00		62,126.80		87,500.00		25,373.20		105,000.00	42,873.20	59%	
Mulching - 00E	0.00		7,250.00		7,250.00		0.00		72,500.00		72,500.00		87,000.00	87,000.00	0%	
Tree Trimming - 00E	0.00		2,583.33		2,583.33		32,220.00		25,833.30		(6,386.70)		30,999.96	(1,220.04)	104%	
Other Landscape Maint., NC Contigency	23,600.00		5,000.00		(18,600.00)		60,354.88		50,000.00		(10,354.88)		60,000.00	(354.88)	101%	
Monthly Meter Charge	788.82		766.00		(22.82)		7,064.40		7,660.00		595.60		9,192.00	2,127.60	77%	
Utilization	29,198.25		26,666.67		(2,531.58)		247,873.74		266,666.70		18,792.96		320,000.04	72,126.30	77%	
Lake Maint. (Outside Communities)	1,150.00		2,500.00		1,350.00		12,000.00		25,000.00		13,000.00		30,000.00	18,000.00	40%	
Littoral Shelf Plantings - E	0.00		833.33		833.33		0.00		8,333.30		8,333.30		9,999.96	9,999.96	0%	
Conservation Areas Exotic Sps Removal	0.00		6,666.67		6,666.67		47,575.00		66,666.70		19,091.70		80,000.04	32,425.04	59%	
FPL - E	145.32		166.67		21.35		1,677.73		1,666.70		(11.03)		2,000.04	322.31	84%	
Roads and Sidewalks - E	0.00		166.67		166.67		0.00		1,666.70		1,666.70		2,000.04	2,000.04	0%	
Stormwater System & Drainage - E	4,525.00		2,083.33		(2,441.67)		634,719.68		20,833.30		(613,886.38)		24,999.96	(609,719.72)	2539%	
Storm Damage and Clean Up - E	0.00		2,083.33		2,083.33		84,213.00		20,833.30		(63,379.70)		24,999.96	(59,213.04)	337%	
Sanitary Sewer	0.00		416.67		416.67		0.00		4,166.70		4,166.70		5,000.04	5,000.04	0%	
Hardscapes	4,663.75		1,666.67		(2,997.08)		32,134.75		16,666.70		(15,468.05)		20,000.04	(12,134.71)	161%	
Signs	0.00		2,083.33		2,083.33		1,025.00		20,833.30		19,808.30		24,999.96	23,974.96	4%	
Miscellaneous Maintenance - E	0.00		416.67		416.67		0.00		4,166.70		4,166.70		5,000.04	5,000.04	0%	
Total General & Administrative Expenses	$109,246.98		$135,067.68		$25,820.70		$1,817,566.11		$1,350,676.80		$(466,889.31)		$1,620,812.16	$(196,753.95)		
Total Expenses		$109,246.98			$135,067.68			$25,820.70			$1,817,566.11		  $1,350,676.80			$(466,889.31)					
Net Income (Loss)	$(108,764.18)		$61,434.74		$(170,198.92)		$567,581.35		$614,347.40		$(46,766.05)					

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

Revenues																
Assessments - Northeast	$705.63		$285,837.00		$(285,131.37)		$3,665,159.07		$2,858,370.00		$806,789.07		$3,430,044.00	$(235,115.07)	107%	
Net Revenues	$705.63		$285,837.00		$(285,131.37)		$3,665,159.07		$2,858,370.00		$806,789.07		$3,430,044.00 $(235,115.07)		
General & Administrative Expenses																
Post Blvd & SR70 Intersection	$2,062.00		$2,062.00		$0.00		$20,620.00		$20,620.00		$0.00		$24,744.00	$4,124.00	83%	
59th Ave-Lorraine to Post B	500.00		500.00		0.00		5,000.00		5,000.00		0.00		6,000.00	1,000.00	83%	
NE, State Road 70 & Lorraine	0.00		485.83		485.83		0.00		4,858.30		4,858.30		5,829.96	5,829.96	0%	
Uihlein Road	11,900.00		12,083.33		183.33		119,000.00		120,833.30		1,833.30		144,999.96	25,999.96	82%	
Lakebank and Swale Mowi	0.00		666.67		666.67		0.00		6,666.70		6,666.70		8,000.04	8,000.04	0%	
Lorraine Corners	7,665.00		7,833.33		168.33		76,650.00		78,333.30		1,683.30		93,999.96	17,349.96	82%	
Academic/Lighterwood	3,860.00		3,750.00		(110.00)		38,600.00		37,500.00		(1,100.00)		45,000.00	6,400.00	86%	
44th Ave from Lorraine to B	13,461.00		11,666.67		(1,794.33)		134,610.00		116,666.70		(17,943.30)		140,000.04	5,390.04	96%	
Post Blvd. from 59th Ave to	2,216.08		3,333.33		1,117.25		22,160.80		33,333.30		11,172.50		39,999.96	17,839.16	55%	
Uihlein Rd.; 44th Ave. to SR64	0.00		5,909.17		5,909.17		0.00		59,091.70		59,091.70		70,910.04	70,910.04	0%	
Rangeland Pkwy.; Uihlein	8,250.00		10,000.00		1,750.00		41,250.00		100,000.00		58,750.00		120,000.00	78,750.00	34%	
Bourneside NE Sector	10,240.00		10,614.92		374.92		102,400.00		106,149.20		3,749.20		127,379.04	24,979.04	80%	
Rangeland Pkwy.; Lorraine	6,940.00		7,000.00		60.00		69,400.00		70,000.00		600.00		84,000.00	14,600.00	83%	
Irrigation Repairs - NE	2,332.50		4,025.00		1,692.50		76,719.71		40,250.00		(36,469.71)		48,300.00	(28,419.71)	159%	
Plant Replacement - NE	35,003.19		5,250.00		(29,753.19)		55,937.17		52,500.00		(3,437.17)		63,000.00	7,062.83	89%	
Mulching - NE	0.00		7,000.00		7,000.00		0.00		70,000.00		70,000.00		84,000.00	84,000.00	0%	
Tree Trimming - NE	0.00		4,200.00		4,200.00		24,570.00		42,000.00		17,430.00		50,400.00	25,830.00	49%	
Other Landscape Maintena - NE	0.00		6,916.67		6,916.67		16,121.37		69,166.70		53,045.33		83,000.04	66,878.67	19%	
Irrigation-Mthly. Meter Char - NE	788.82		766.00		(22.82)		7,064.40		7,660.00		595.60		9,192.00	2,127.60	77%	
Irrigation - Utilization - NE	12,093.13		16,666.67		4,573.54		102,662.66		166,666.70		64,004.04		200,000.04	97,337.38	51%	
Lake maint.- lakes outside com. - NE	6,720.52		2,916.67		(3,803.85)		67,379.68		29,166.70		(38,212.98)		35,000.04	(32,379.64)	193%	
Littoral Shelf Plantings - NE	0.00		833.33		833.33		0.00		8,333.30		8,333.30		9,999.96	9,999.96	0%	
Conservation areas - NE	2,075.00		6,250.00		4,175.00		12,803.00		62,500.00		49,697.00		75,000.00	62,197.00	17%	
Manatee County	0.00		8.33		8.33		0.00		83.30		83.30		99.96	99.96	0%	
Peace River Utilities - NE	267.35		2,083.33		1,815.98		3,670.01		20,833.30		17,163.29		24,999.96	21,329.95	15%	
Drainage Maintenance - NE	4,112.50		2,500.00		(1,612.50)		15,994.90		25,000.00		9,005.10		30,000.00	14,005.10	53%	
Storm Damage and Clean Up - NE	0.00		2,500.00		2,500.00		20,689.62		25,000.00		4,310.38		30,000.00	9,310.38	69%	
Sanitary Sewer - NE	200.00		416.67		216.67		2,125.00		4,166.70		2,041.70		5,000.04	2,875.04	42%	
Hardscapes - NE	0.00		833.33		833.33		3,106.38		8,333.30		5,226.92		9,999.96	6,893.58	31%	

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

Signs - NE
Miscellaneous Maintenance - NE	0.00
0.00		1,666.67
100.00		1,666.67
100.00		1,464.58
0.00		16,666.70
1,000.00		15,202.12
1,000.00		20,000.04
1,200.00	18,535.46
1,200.00	7%
0%	
Total General & Administrative Expenses	$130,687.09		$140,837.92		$10,150.83		$1,039,999.28		$1,408,379.20		$368,379.92		$1,690,055.04	$650,055.76		
Total Expenses		$130,687.09			$140,837.92			$10,150.83			$1,039,999.28		  $1,408,379.20			$368,379.92					
Net Income (Loss)	$(129,981.46)		$144,999.08		$(274,980.54)		$2,625,159.79		$1,449,990.80		$1,175,168.99					

Lakewood Ranch Stewardship District
Income Statement
For the period of 7/1/2025 Through 7/31/2025
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	$668.49		$274,488.58		$(273,820.09)		$3,300,639.94		$2,744,885.80		$555,754.14		$3,293,862.96	$(6,776.98)	100%	
Net Revenues	$668.49		$274,488.58		$(273,820.09)		$3,300,639.94		$2,744,885.80		$555,754.14		$3,293,862.96	$(6,776.98)		
General & Administrative Expenses																
Kent Lake & Lake Bank Ma	$16,460.00		$5,000.00		$(11,460.00)		$146,880.00		$50,000.00		$(96,880.00)		$60,000.00	$(86,880.00)	245%	
Lake Bank mowing	0.00		2,833.33		2,833.33		0.00		28,333.30		28,333.30		33,999.96	33,999.96	0%	
Rangeland-WhiteEagle to	4,069.50		0.00		(4,069.50)		32,556.00		0.00		(32,556.00)		0.00	(32,556.00)	0%	
Silver Falls	4,756.25		166.67		(4,589.58)		47,562.50		1,666.70		(45,895.80)		2,000.04	(45,562.46)	2378%	
NW Sector East Landscape Contract	18,971.05		23,585.33		4,614.28		193,780.00		235,853.30		42,073.30		283,023.96	89,243.96	68%	
NW Sector West Landscape Contract	20,865.66		24,298.58		3,432.92		219,876.10		242,985.80		23,109.70		291,582.96	71,706.86	75%	
Crossland Trail	0.00		2,750.00		2,750.00		0.00		27,500.00		27,500.00		33,000.00	33,000.00	0%	
Newhaven Blvd.	3,033.07		1,666.67		(1,366.40)		30,330.70		16,666.70		(13,664.00)		20,000.04	(10,330.66)	152%	
Irrigation Repairs - NW	6,171.84		7,000.00		828.16		137,989.63		70,000.00		(67,989.63)		84,000.00	(53,989.63)	164%	
Plant Replacement - NW	280.00		7,000.00		6,720.00		7,486.96		70,000.00		62,513.04		84,000.00	76,513.04	9%	
Mulching - NW	0.00		8,750.00		8,750.00		300.00		87,500.00		87,200.00		105,000.00	104,700.00	0%	
Tree Trimming - NW	0.00		7,000.00		7,000.00		51,575.00		70,000.00		18,425.00		84,000.00	32,425.00	61%	
Other Landscape Maintena - NW	1,500.00		12,687.50		11,187.50		19,313.75		126,875.00		107,561.25		152,250.00	132,936.25	13%	
Irrigation-Mthly Meter Char - NW	788.82		766.00		(22.82)		7,064.40		7,660.00		595.60		9,192.00	2,127.60	77%	
Irrigation - Utilization - NW	26,623.28		25,833.33		(789.95)		226,014.01		258,333.30		32,319.29		309,999.96	83,985.95	73%	
Lake maint.-lakes outside com. - NW	4,848.38		2,916.67		(1,931.71)		62,260.42		29,166.70		(33,093.72)		35,000.04	(27,260.38)	178%	
Littoral Shelf Plantings	0.00		1,250.00		1,250.00		0.00		12,500.00		12,500.00		15,000.00	15,000.00	0%	
Conservation areas - NW	5,000.00		8,333.33		3,333.33		32,600.00		83,333.30		50,733.30		99,999.96	67,399.96	33%	
FPL - NW	26.44		75.00		48.56		478.99		750.00		271.01		900.00	421.01	53%	
Peace River Utilities - NW	120.46		2,000.00		1,879.54		2,348.24		20,000.00		17,651.76		24,000.00	21,651.76	10%	
Drainage Maintenance - NW	6,300.00		2,500.00		(3,800.00)		137,340.33		25,000.00		(112,340.33)		30,000.00	(107,340.33)	458%	
Storm Damage and Clean Up	0.00		2,500.00		2,500.00		33,340.60		25,000.00		(8,340.60)		30,000.00	(3,340.60)	111%	
Sanitary Sewer - NW	0.00		4,166.67		4,166.67		20,568.14		41,666.70		21,098.56		50,000.04	29,431.90	41%	
Hardscapes - NW	1,738.75		2,500.00		761.25		8,169.96		25,000.00		16,830.04		30,000.00	21,830.04	27%	
Signs - NW	0.00		1,666.67		1,666.67		30,344.87		16,666.70		(13,678.17)		20,000.04	(10,344.83)	152%	
Miscellaneous Maintenance - NW	0.00		416.67		416.67		0.00		4,166.70		4,166.70		5,000.04	5,000.04	0%	
Total General & Administrative Expenses	$121,553.50		$157,662.42		$36,108.92		$1,448,180.60		$1,576,624.20		$128,443.60		$1,891,949.04	$443,768.44		
Total Expenses		$121,553.50			$157,662.42			$36,108.92			$1,448,180.60		  $1,576,624.20			$128,443.60					
Net Income (Loss)	$(120,885.01)		$116,826.16		$(237,711.17)		$1,852,459.34		$1,168,261.60		$684,197.74					

Lakewood Ranch Stewardship District	
Income Statement	
For the period of 7/1/2025 Through 7/31/2025	
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	$0.00		$180,567.58		$(180,567.58)		$2,190,613.08		$1,805,675.80		$384,937.28		$2,166,810.96	$(23,802.12)	101%	
Net Revenues	$0.00		$180,567.58		$(180,567.58)		$2,190,613.08		$1,805,675.80		$384,937.28		$2,166,810.96	$(23,802.12)		
General & Administrative Expenses																
Deer Drive	$11,279.41		$11,279.00		$(0.41)		$112,794.10		$112,790.00		$(4.10)		$135,348.00	$22,553.90	83%	
Lorraine Road; University P	0.00		14,042.00		14,042.00		0.00		140,420.00		140,420.00		168,504.00	168,504.00	0%	
LWR Blvd; Comm Blvd to D	9,877.00		9,877.00		0.00		98,770.00		98,770.00		0.00		118,524.00	19,754.00	0%	
Lorraine Rd;South Boundar	6,586.22		6,586.00		(0.22)		65,862.20		65,860.00		(2.20)		79,032.00	13,169.80	100%	
Blythe Ave. CAnnon St. and Lucent Pl.	0.00		2,250.00		2,250.00		22,006.00		22,500.00		494.00		27,000.00	4,994.00	200%	
Blue Lake Road	4,535.00		12,500.00		7,965.00		58,350.00		125,000.00		66,650.00		150,000.00	91,650.00	300%	
Pine Warbler Place	690.00		1,000.00		310.00		6,779.50		10,000.00		3,220.50		12,000.00	5,220.50	400%	
Irrigation Repairs - SRQ	1,722.50		4,033.33		2,310.83		56,339.93		40,333.30		(16,006.63)		48,399.96	(7,939.97)	500%	
Plant Replacement - SRQ	38,610.00		8,066.67		(30,543.33)		64,031.00		80,666.70		16,635.70		96,800.04	32,769.04	600%	
Mulching - SRQ	0.00		6,050.00		6,050.00		5,130.00		60,500.00		55,370.00		72,600.00	67,470.00	700%	
Tree Trimming - SRQ	0.00		4,033.33		4,033.33		32,925.00		40,333.30		7,408.30		48,399.96	15,474.96	800%	
Other Landscape Maintena - SRQ	3,001.05		8,066.67		5,065.62		25,576.75		80,666.70		55,089.95		96,800.04	71,223.29	900%	
Irrigation-Mthly Meter Char - SRQ	788.82		766.00		(22.82)		7,064.40		7,660.00		595.60		9,192.00	2,127.60	1000%	
Irrigation - Utilization - SRQ	9,150.32		18,333.33		9,183.01		77,680.13		183,333.30		105,653.17		219,999.96	142,319.83	1100%	
Lake maint.-lakes outside com. - SRQ	9,008.00		4,166.67		(4,841.33)		37,388.71		41,666.70		4,277.99		50,000.04	12,611.33	1200%	
Littoral Shelf Plantings - SRQ	0.00		500.00		500.00		0.00		5,000.00		5,000.00		6,000.00	6,000.00	1300%	
Conservation areas - SRQ	0.00		6,666.67		6,666.67		10,750.00		66,666.70		55,916.70		80,000.04	69,250.04	1400%	
FPL - SRQ	668.49		2,916.67		2,248.18		26,107.08		29,166.70		3,059.62		35,000.04	8,892.96	1500%	
Stormwater System & Drainage - SRQ	0.00		2,500.00		2,500.00		155,268.58		25,000.00		(130,268.58)		30,000.00	(125,268.58)	1600%	
Storm Damage and Clean Up - SRQ	48,201.89		2,500.00		(45,701.89)		1,166,076.30		25,000.00		(1,141,076.30)		30,000.00	(1,136,076.30)	1700%	
Sanitary Sewer - SRQ	0.00		166.67		166.67		0.00		1,666.70		1,666.70		2,000.04	2,000.04	1800%	
Water Taxi - Operation, Maint & Ins.	624.49		4,166.67		3,542.18		30,674.10		41,666.70		10,992.60		50,000.04	19,325.94	1900%	
Hardscapes - SRQ	373.75		2,083.33		1,709.58		35,915.53		20,833.30		(15,082.23)		24,999.96	(10,915.57)	2000%	
Signs - SRQ	0.00		1,666.67		1,666.67		13,274.00		16,666.70		3,392.70		20,000.04	6,726.04	2100%	
Miscellaneous Maintenance - SRQ	0.00		166.67		166.67		0.00		1,666.70		1,666.70		2,000.04	2,000.04	2200%	
Total General & Administrative Expenses	$145,116.94		$134,383.35		$(10,733.59)		$2,108,763.31		$1,343,833.50		$(764,929.81)		$1,612,600.20	$(496,163.11)		
Total Expenses		$145,116.94			$134,383.35			$(10,733.59)			$2,108,763.31		  $1,343,833.50			$(764,929.81)					
Net Income (Loss)	$(145,116.94)		$46,184.23		$(191,301.17)		$81,849.77		$461,842.30		$(379,992.53)					

Lakewood Ranch Stewardship District
Income Statement
For the period of 7/1/2025 Through 7/31/2025

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		$83,333.30		$83,333.30		$99,999.96	$99,999.96	0%	
44th Ave. East - East of Bourneside	9,750.00		8,333.33		(1,416.67)		19,050.00		83,333.30		64,283.30		99,999.96	80,949.96	19%	
Irrigation Repairs	8,604.60		2,500.00		(6,104.60)		33,499.17		25,000.00		(8,499.17)		30,000.00	(3,499.17)	0%	
Plant Replacement	0.00		833.33		833.33		0.00		8,333.30		8,333.30		9,999.96	9,999.96	0%	
Tree Trimming	0.00		833.33		833.33		0.00		8,333.30		8,333.30		9,999.96	9,999.96	0%	
Other Landscape Maintenace	0.00		1,666.67		1,666.67		3,900.00		16,666.70		12,766.70		20,000.04	16,100.04	19%	
Monthly Meter Change	0.00		791.67		791.67		0.00		7,916.70		7,916.70		9,500.04	9,500.04	0%	
Utilization	0.00		8,333.33		8,333.33		0.00		83,333.30		83,333.30		99,999.96	99,999.96	0%	
Conservation/Preserve Areas Exotic Sp.	0.00		833.33		833.33		0.00		8,333.30		8,333.30		9,999.96	9,999.96	0%	
Peace River	0.00		833.33		833.33		0.00		8,333.30		8,333.30		9,999.96	9,999.96	0%	
Stormwater System & Drainage	0.00		833.33		833.33		0.00		8,333.30		8,333.30		9,999.96	9,999.96	0%	
Storm Damage and Clean Up	0.00		833.33		833.33		0.00		8,333.30		8,333.30		9,999.96	9,999.96	0%	
Signs	0.00		833.33		833.33		1,223.36		8,333.30		7,109.94		9,999.96	8,776.60	12%	
Total General & Administrative Expenses	$18,354.60		$35,791.64		$17,437.04		$57,672.53		$357,916.40		$300,243.87		$429,499.68	$371,827.15		
Total Expenses		$18,354.60			$35,791.64			$17,437.04			$57,672.53			$357,916.40			$300,243.87					
Net Income (Loss)	$(18,354.60)		$(35,791.64)		$17,437.04		$(57,672.53)		$(357,916.40)		$300,243.87