Lakewood Ranch Stewardship District
April 2026 O&M and BRU Financial Package

April 30, 2026
PFM Management Services LLC
3501 Quadrangle Blvd. Suite 270
Orlando, FL 32817
407-723-5900

Lakewood Ranch Stewardship District
Statement of Financial Position As of 4/30/2026

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	$1,488,824.29		$146,537.62	$1,342,286.67							
Northern Trust-Money Market	4,681,084.80		6,633,093.81	(1,952,009.01)							
Reserve Account	1,934,094.34		948,782.31	985,312.03							
Prepaid Expense	29,541.74		23,711.53	5,830.21							
Due from BRU	25,070.82		0.00	25,070.82							
BRU Operating Account						$771,617.94		$631,342.90		$140,275.04	
BRU Revenue Account						229,263.86		488,443.62		(259,179.76)	
Accounts Receivable						1,157,179.01		1,091,699.61		65,479.40	
Due from Other Fund			
			57,463.09		0.00		57,463.09	
Total Current Assets	$8,158,615.99		$7,752,125.27	$406,490.72		$2,215,523.90		$2,211,486.13		$4,037.77	
Total Assets	$8,158,615.99		
$7,752,125.27	$406,490.72		$2,215,523.90		$2,211,486.13		$4,037.77	

Liabilities and Net Assets	
Current Liabilities											
Accounts Payable	$1,378,187.68		$73,147.37	$1,305,040.31							
Payroll Tax Liability	27.53		899.42	(871.89)							
Healthcare Liability	8,409.76		16,360.82	(7,951.06)							
Reserve Liability	1,934,094.34		948,782.31	985,312.03							
Due to BRU	57,463.09		0.00	57,463.09							
Accounts Payable						$210,744.47		$2,218.00		$208,526.47	
Due to General Fund			
			25,070.82		0.00		25,070.82	
Total Current Liabilities	$3,378,182.40		$1,039,189.92	$2,338,992.48		$235,815.29		$2,218.00		$233,597.29	
Total Liabilities	$3,378,182.40		
$1,039,189.92	$2,338,992.48		$235,815.29		$2,218.00		$233,597.29	

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

$607,721.83		

$607,721.83	

$0.00		

$1,458,677.61		

$1,458,677.61		

$0.00	
	4,172,711.76		6,105,213.52	(1,932,501.76)		521,031.00		750,590.52		(229,559.52)	
Total Net Assets	$4,780,433.59		
$6,712,935.35	($1,932,501.76)		$1,979,708.61		$2,209,268.13		($229,559.52)	

								
Total Liabilities and Net Assets	$8,158,615.99		$7,752,125.27	$406,490.72		$2,215,523.90		$2,211,486.13		$4,037.77	

Lakewood Ranch Stewardship District
Summary Income Statement April 2026

Revenues	
	Current Period	Current Period	Current Period	Year to Date Actual	Year to Date Budget		Year to Date	
		Actual		Budget		Variance						Variance	
Administrative $	14,295.05	$	143,184.41	$	(128,889.36)	$	250,669.58	$	1,002,290.87	$	(751,621.29)	
East Sector	$	46,019.83	$	207,305.98	$	(161,286.15)	$ 2,575,380.44	$  1,451,141.86	$	1,124,238.58	
Northeast Sector	$	72,031.04	$	323,096.01	$	(251,064.97)	$ 4,032,612.79	$  2,261,672.07	$	1,770,940.72	
Northwest Sector	$	62,026.73	$	314,407.23	$	(252,380.50)	$ 3,471,164.93	$  2,200,850.61	$	1,270,314.32	
SRQ	$	175,882.66	$	193,255.69	$	(17,373.03)	$ 2,294,794.01	$  1,352,789.83	$	942,004.18	
Southeast	$	-	$	-	$	-	$	-	$	-	$	-	
Taylor	$	20,008.62	$	95,174.92	$	(75,166.30)	$ 1,119,730.61	$	666,224.44	$	453,506.17	
Total Revenue	$	390,263.93	$	1,276,424.24	$	(886,160.31)	$ 13,744,352.36	$	8,934,969.68	$	4,809,382.68	
Expenses	
	Current Period	Current Period	Current Period	Year to Date Actual	Year to Date Budget		Year to Date	
		Actual		Budget		Variance						Variance	
Administrative $	1,841,364.31	$	606,417.45	$	1,234,946.86	$	5,463,476.94	$	4,244,922.15	$	1,218,554.79	
East Sector	$	81,642.54	$	137,109.27	$	(55,466.73)	$	860,646.25	$	959,764.89	$	(99,118.64)	
Northeast Sector	$	106,838.78	$	145,249.36	$	(38,410.58)	$	886,273.86	$  1,016,745.52	$	(130,471.66)	
Northwest Sector	$	128,324.34	$	170,771.58	$	(42,447.24)	$ 1,215,229.76	$  1,195,401.06	$	19,828.70	
SRQ	$	130,164.26	$	147,917.01	$	(17,752.75)	$	791,372.38	$  1,035,419.07	$	(244,046.69)	
Southeast	$	-	$	9,833.35	$	(9,833.35)	$	1,180.09	$	68,833.45	$	(67,653.36)	
Taylor	$	34,431.46	$	59,126.23	$	(24,694.77)	$	353,461.32	$	413,883.61	$	(60,422.29)	
Total Expenses	$	2,322,765.69	$	1,276,424.25	$	1,046,341.44	$	9,571,640.60	$	8,934,969.75	$	636,670.85	
Income (Loss)	$ (1,932,501.76)	$	(0)	$	160,181.13	$	4,172,711.76	$	(0.07) $	5,446,053.53	

Lakewood Ranch Stewardship District	
Income Statement	
For the period of 4/1/2026 Through 4/30/2026	
Fund: (001) General Fund	
Sector: (000) Administrative	
			Current Period						Year To Date				Adopted	Percentage	
	Actual		Budget		Variance		Actual		Budget		Variance		FY2026 Budget	Used	

Revenues															
Developer Contributions	$0.00		$86,036.08		$(86,036.08)		$0.00		$602,252.56		$(602,252.56)		$1,032,432.96	0%	
Other Revenue	1,147.42		0.00		1,147.42		134,162.77		0.00		134,162.77		0.00	0%	
Central Park Utility Assessments	0.00		2,065.00		(2,065.00)		0.00		14,455.00		(14,455.00)		24,780.00	0%	
Rental Income	3,775.91		0.00		3,775.91		3,775.91		0.00		3,775.91		0.00	0%	
Park Revenue	3,093.05		83.33		3,009.72		9,161.15		583.31		8,577.84		999.96	916%	
Carry Forward Revenue	0.00		49,166.67		(49,166.67)		0.00		344,166.69		(344,166.69)		590,000.04	0%	
Transfer from Reserve	0.00		5,000.00		(5,000.00)		0.00		35,000.00		(35,000.00)		60,000.00	0%	
Net Revenues	$8,016.38		$142,351.08		$(134,334.70)		$147,099.83		$996,457.56		$(849,357.73)		$1,708,212.96	9%	
General & Administrative Expenses															
Hardscapes - GM	$0.00		$0.00		$0.00		$318.26		$0.00		$(318.26)		$0.00	0%	
Maintenance Management	15,000.00		15,000.00		0.00		105,000.00		105,000.00		0.00		180,000.00	58%	
Uniforms	100.00		416.67		316.67		3,341.46		2,916.69		(424.77)		5,000.04	67%	
Job Materials	284.34		666.67		382.33		1,706.04		4,666.69		2,960.65		8,000.04	21%	
Phone/Radio	381.13		666.67		285.54		2,668.72		4,666.69		1,997.97		8,000.04	33%	
Office Supplies	0.00		250.00		250.00		275.85		1,750.00		1,474.15		3,000.00	9%	
Fuel Only	4,210.76		1,666.67		(2,544.09)		12,995.34		11,666.69		(1,328.65)		20,000.04	65%	
Equipment	13,539.42		833.33		(12,706.09)		122,365.41		5,833.31		(116,532.10)		9,999.96	1224%	
Tools/Machinery	0.00		4,166.67		4,166.67		4,579.36		29,166.69		24,587.33		50,000.04	9%	
Supplies	10,178.06		6,666.67		(3,511.39)		58,889.34		46,666.69		(12,222.65)		80,000.04	74%	
Employment Advertising	0.00		0.00		0.00		329.40		0.00		(329.40)		0.00	0%	
Miscellaneous Maintenance	5,575.73		3,333.33		(2,242.40)		12,545.85		23,333.31		10,787.46		39,999.96	31%	
Maintenance Yard	0.00		416.67		416.67		0.00		2,916.69		2,916.69		5,000.04	0%	
Vehicle R&M	1,127.19		500.00		(627.19)		17,908.22		3,500.00		(14,408.22)		6,000.00	298%	
Vehicle	0.00		5,000.00		5,000.00		54,679.00		35,000.00		(19,679.00)		60,000.00	91%	
Community Services P&A Admin Fee	0.00		35,415.00		35,415.00		0.00		247,905.00		247,905.00		424,980.00	0%	
Waste Management	0.00		416.67		416.67		0.00		2,916.69		2,916.69		5,000.04	0%	
Bob Gardner Park	21,572.78		30,000.00		8,427.22		289,897.97		210,000.00		(79,897.97)		360,000.00	81%	
James L. Patton Park	8,659.92		10,833.33		2,173.41		107,757.86		75,833.31		(31,924.55)		129,999.96	83%	
Roger Hill Park	149,877.02		5,000.00		(144,877.02)		187,781.12		35,000.00		(152,781.12)		60,000.00	313%	
Silver Falls Park	959.75		2,500.00		1,540.25		6,500.49		17,500.00		10,999.51		30,000.00	22%	
Waterside Place Park	19,149.58		19,166.67		17.09		238,528.20		134,166.69		(104,361.51)		230,000.04	104%	
Town Hall North	1,427.94		8,166.67		6,738.73		27,499.62		57,166.69		29,667.07		98,000.04	28%	
Passive Parks (117th)	500.00		1,250.00		750.00		3,150.00		8,750.00		5,600.00		15,000.00	21%	
University LWR Entrance	11,289.54		12,500.00		1,210.46		125,116.06		87,500.00		(37,616.06)		150,000.00	83%	
Trails (Harmony & Curlew)	8,190.00		4,166.67		(4,023.33)		37,530.00		29,166.69		(8,363.31)		50,000.04	75%	
Tunnel Park	57,550.00		2,083.33		(55,466.67)		75,927.00		14,583.31		(61,343.69)		24,999.96	304%	
CDD Allocation-Univ. Pkwy & Lorraine Row	0.00		2,083.33		2,083.33		22,352.00		14,583.31		(7,768.69)		24,999.96	89%	
GIS Implementation & Maintenance	170,210.38		29,166.67		(141,043.71)		170,210.38		204,166.69		33,956.31		350,000.04	49%	
LRSD Headquarters Purchase&Debt Service	193,585.65		65,833.33		(127,752.32)		803,583.35		460,833.31		(342,750.04)		789,999.96	102%	
Insurance	(40,465.00)		7,083.33		47,548.33		72,368.00		49,583.31		(22,784.69)		84,999.96	85%	
Supervisor Fees	200.00		1,000.00		800.00		2,600.00		7,000.00		4,400.00		12,000.00	22%	
Meeting Advertising	153.12		921.67		768.55		1,975.76		6,451.69		4,475.93		11,060.04	18%	
Engineering	43,591.46		11,666.67		(31,924.79)		295,490.97		81,666.69		(213,824.28)		140,000.04	211%	
Bond Agent Fees	0.00		11,000.00		11,000.00		68,755.00		77,000.00		8,245.00		132,000.00	52%	
Arbitrage Report	0.00		2,687.50		2,687.50		0.00		18,812.50		18,812.50		32,250.00	0%	
Legal Fees	269.70		10,416.67		10,146.97		38,003.98		72,916.69		34,912.71		125,000.04	30%	
Accounting	8,874.21		10,000.00		1,125.79		63,425.30		70,000.00		6,574.70		120,000.00	53%	
Lien Book and Tax Roll	0.00		29,500.00		29,500.00		385,000.00		206,500.00		(178,500.00)		354,000.00	109%	
Annual Audit	0.00		2,500.00		2,500.00		31,350.00		17,500.00		(13,850.00)		30,000.00	105%	
Trustee	6,537.92		13,000.00		6,462.08		161,756.81		91,000.00		(70,756.81)		156,000.00	104%	
Manager	7,500.00		16,666.67		9,166.67		52,500.00		116,666.69		64,166.69		200,000.04	26%	
Postage	294.24		125.00		(169.24)		613.32		875.00		261.68		1,500.00	41%	
Office Supplies	0.00		125.00		125.00		0.00		875.00		875.00		1,500.00	0%	
Other Current Charges	137.78		416.67		278.89		746.48		2,916.69		2,170.21		5,000.04	15%	
Dues, Licenses, Subscriptions	2,340.54		5,000.00		2,659.46		17,030.13		35,000.00		17,969.87		60,000.00	28%	
Payroll & Payroll Tax Expense	120,022.27		130,784.25		10,761.98		696,597.67		915,489.75		218,892.08		1,569,411.00	44%	
Cell Phone Expense	166.20		83.33		(82.87)		803.30		583.31		(219.99)		999.96	80%	

Lakewood Ranch Stewardship District
Income Statement
For the period of 4/1/2026 Through 4/30/2026	
Fund: (001) General Fund Sector: (000) Administrative	
	
Actual		Current Period
Budget		
Variance		
Actual		Year To Date
Budget		
Variance		Adopted FY2026 Budget	Percentage Used	
Healthcare Expense 457B Match Expense
Defined Employee Contribution Plan Roth Match Expense
Disclosure Reserves
Total General & Administrative Expenses	10,904.49
661.17
0.00
1,494.99
0.00
985,312.03

$1,841,364.31		0.00
0.00
3,166.67
0.00
0.00
82,109.00

$606,417.45		(10,904.49)
(661.17)
3,166.67
(1,494.99)
0.00
(903,203.03)

$(1,234,946.86)		57,505.72
2,266.57
1,000.00
5,669.97
29,250.00
985,331.66

$5,463,476.94		0.00
0.00
22,166.69
0.00
0.00
574,763.00

$4,244,922.15		(57,505.72)
(2,266.57)
21,166.69
(5,669.97)
(29,250.00)
(410,568.66)
$(1,218,554.79)		0.00
0.00
38,000.04
0.00
0.00
985,308.00
$7,277,009.40	0%
0%
3%
0%
0%
100%
75%	
Total Expenses	  $1,841,364.31			$606,417.45		 $(1,234,946.86)		  $5,463,476.94		  $4,244,922.15		 $(1,218,554.79)				
Income (Loss) from Operations	$(1,833,347.93)		$(464,066.37)		$(1,369,281.56)		$(5,316,377.11)		$(3,248,464.59)		$(2,067,912.52)				
Other Income (Expense)
Interest Income	

$6,278.67		

$833.33		

$5,445.34		

$103,569.75		

$5,833.31		

$97,736.44		

$10,000	

1036%	
Total Other Income (Expense)	$6,278.67		$833.33		$5,445.34		$103,569.75		$5,833.31		$97,736.44		$10,000	1036%	
Net Income (Loss)	$(1,827,069.26)		$(463,233.04)		$(1,363,836.22)		$(5,212,807.36)		$(3,242,631.28)		$(1,970,176.08)				

Lakewood Ranch Stewardship District	
Income Statement	
For the period of 4/1/2026 Through 4/30/2026	
Fund: (400) BRU Fund	
			Current Period						Year To Date				Adopted FY2026	Percentage	
	Actual		Budget		Variance		Actual		Budget		Variance		Budget	Used	

Revenues															
Revenue	$597,361.67		$695,221.83		$(97,860.16)		$5,608,558.93		$4,866,552.81		$742,006.12		$8,342,661.96	67%	
Net Revenues	$597,361.67		$695,221.83		$(97,860.16)		$5,608,558.93		$4,866,552.81		$742,006.12		$8,342,661.96	67%	
General & Administrative Expenses															
Transfer to Debt Service/Construct. Fund	$291,062.03		$315,856.67		$24,794.64		$1,790,141.27		$2,210,996.69		$420,855.42		$3,790,280.04	47%	
FPL	68,494.30		41,666.67		(26,827.63)		285,165.89		291,666.69		6,500.80		$500,000	57%	
Peace River Utilities	36,167.84		41,666.67		5,498.83		231,290.17		291,666.69		60,376.52		500,000	46%	
City of Sarasota Utilities	76,469.20		42,250.00		(34,219.20)		411,000.91		295,750.00		(115,250.91)		507,000	81%	
City of Bradenton Utilities	41,710.80		39,000.00		(2,710.80)		286,591.20		273,000.00		(13,591.20)		468,000	61%	
MCUD	4,538.73		2,500.00		(2,038.73)		18,978.96		17,500.00		(1,478.96)		30,000	63%	
Maintenance Mgmt - Stewardship O&M	0.00		3,000.00		3,000.00		0.00		21,000.00		21,000.00		36,000	0%	
Maintenance Management	0.00		12,500.00		12,500.00		0.00		87,500.00		87,500.00		150,000	0%	
Uniforms	0.00		67.42		67.42		3,711.45		471.94		(3,239.51)		809	459%	
Job Materials	0.00		0.00		0.00		107.94		0.00		(107.94)		-	0%	
Phone/Radio	324.68		435.58		110.90		2,273.48		3,049.06		775.58		5,227	43%	
Office Supplies	0.00		92.25		92.25		299.49		645.75		346.26		1,107	27%	
Fuel Only	2,090.70		959.42		(1,131.28)		10,026.93		6,715.94		(3,310.99)		11,513	87%	
Equipment Repairs (Pumps)	64,623.80		48,902.67		(15,721.13)		376,186.14		342,318.69		(33,867.45)		586,832	64%	
Tools/Machinery	0.00		1,325.25		1,325.25		10,373.63		9,276.75		(1,096.88)		15,903	65%	
Supplies	2,868.25		2,003.50		(864.75)		22,296.90		14,024.50		(8,272.40)		24,042	93%	
Miscellaneous Maintenance	57,126.12		23,122.08		(34,004.04)		388,916.71		161,854.56		(227,062.15)		277,465	140%	
Vehicle R&M	256.93		1,012.92		755.99		5,782.48		7,090.44		1,307.96		12,155	48%	
New Customer Meter Connections & Install	22,475.89		842.75		(21,633.14)		38,232.62		5,899.25		(32,333.37)		10,113	378%	
Customer Meter Replacement & Maintenance	7,910.40		747.92		(7,162.48)		35,112.80		5,235.44		(29,877.36)		8,975	391%	
GIS Implementation & Maintenance	170,304.02		29,166.67		(141,137.35)		170,304.02		204,166.69		33,862.67		350,000	49%	
Insurance	0.00		0.00		0.00		48,357.00		0.00		(48,357.00)		-	0%	
Engineering & Consulting	(135,823.19)		30,636.58		166,459.77		294,058.17		214,456.06		(79,602.11)		367,639	80%	
Legal Fees	0.00		233.00		233.00		9,162.50		1,631.00		(7,531.50)		2,796	328%	
Accounting & HR Services	16,500.00		15,159.42		(1,340.58)		114,000.00		106,115.94		(7,884.06)		181,913	63%	
Annual Audit	0.00		833.33		833.33		0.00		5,833.31		5,833.31		10,000	0%	
Dues, Licenses, Subscriptions & Training	2,374.98		1,675.67		(699.31)		123,313.75		11,729.69		(111,584.06)		20,108	613%	
Payroll & Payroll Tax Expense	92,011.88		36,760.08		(55,251.80)		384,439.97		257,320.56		(127,119.41)		441,121	87%	
Cell Phone Expense	41.55		0.00		(41.55)		124.65		0.00		(124.65)		-	0%	
Healthcare Expense	4,169.70		2,235.58		(1,934.12)		22,381.76		15,649.06		(6,732.70)		26,827	83%	
457B Match Expense	1,117.58		0.00		(1,117.58)		4,337.14		0.00		(4,337.14)		-	0%	
Defined Employee Contribution Plan	0.00		569.83		569.83		0.00		3,988.81		3,988.81		6,838	0%	
Roth Match Expense	105.00		0.00		(105.00)		560.00		0.00		(560.00)		-	0%	
Total General & Administrative Expenses	$826,921.19		$695,221.93		$(131,699.26)		$5,087,527.93		$4,866,553.51		$(220,974.42)		$25,027,987	20%	
Total Expenses		$826,921.19			$695,221.93		  $(131,699.26)			$5,087,527.93		  $4,866,553.51		  $(220,974.42)				
	$(229,559.52)		$(0.10)		$(229,559.42)		$521,031.00		$(0.70)		$521,031.70				

Fund: (001) General Fund	
Sector: (00E) East Sector	
			Current Period						Year To Date				Adopted	Percentage	
	Actual		Budget		Variance		Actual		Budget		Variance		FY2026 Budget	Used	

Revenues															
Assessments (Platted Lots) - East	$46,019.83		$206,630.44		$(160,610.61)		$2,575,380.44		$1,446,413.08		$1,128,967.36		$2,479,565	104%	
Assessments (Unplatted Lots) - East	0.00		675.54		(675.54)		0.00		4,728.78		(4,728.78)		8,106	0%	
Net Revenues	$46,019.83		$207,305.98		$(161,286.15)		$2,575,380.44		$1,451,141.86		$1,124,238.58		$2,487,672	104%	
General & Administrative Expenses															
University Pkwy Lorriane to Concession	$16,250.00		$12,496.00		$(3,754.00)		$97,500.00		$87,472.00		$(10,028.00)		$149,952	65%	
The Masters Ave;Lorraine to Players	16,000.00		16,480.00		480.00		112,000.00		115,360.00		3,360.00		197,760	57%	
Lorraine Rd - East Side	9,131.67		10,300.00		1,168.33		73,798.69		72,100.00		(1,698.69)		123,600	60%	
Bournside Blvd. from Masters to SR70	4,290.47		4,549.17		258.70		30,033.29		31,844.19		1,810.90		54,590	55%	
Masters Ave fr. Players Dr to Bourneside	9,251.00		9,788.08		537.08		64,757.00		68,516.56		3,759.56		117,457	55%	
Bourneside Blvd from Masters to Uni. Pwy	0.00		7,725.00		7,725.00		29,880.00		54,075.00		24,195.00		92,700	32%	
Irrigation Repairs	962.51		5,416.67		4,454.16		75,233.13		37,916.69		(37,316.44)		65,000	116%	
Plant replacement	0.00		8,750.00		8,750.00		14,955.00		61,250.00		46,295.00		105,000	14%	
Mulching	0.00		5,000.00		5,000.00		13,530.00		35,000.00		21,470.00		60,000	23%	
Tree Trimming	0.00		2,583.33		2,583.33		28,410.00		18,083.31		(10,326.69)		31,000	92%	
Other Landscape Maint., NC, Contingency	1,435.00		6,666.67		5,231.67		11,462.50		46,666.69		35,204.19		80,000	14%	
Irrigation - Monthly Meter Charge	788.82		766.00		(22.82)		4,732.92		5,362.00		629.08		9,192	51%	
Irrigation - Utilization	14,191.83		26,666.67		12,474.84		238,868.03		186,666.69		(52,201.34)		320,000	75%	
Lake Maint. (Outside Communities)	1,150.00		2,500.00		1,350.00		6,900.00		17,500.00		10,600.00		30,000	23%	
Aquatic Plantings	0.00		833.33		833.33		1,700.00		5,833.31		4,133.31		10,000	17%	
Conservation Areas Exotic Sps Maint.	7,140.00		6,666.67		(473.33)		41,490.00		46,666.69		5,176.69		80,000	52%	
FPL	201.24		171.67		(29.57)		1,303.42		1,201.69		(101.73)		2,060	63%	
Roads and Sidewalks	0.00		166.67		166.67		0.00		1,166.69		1,166.69		2,000	0%	
Stormwater System & Drainage	850.00		2,500.00		1,650.00		6,780.00		17,500.00		10,720.00		30,000	23%	
Storm Damage and Clean Up	0.00		2,500.00		2,500.00		0.00		17,500.00		17,500.00		30,000	0%	
Sanitary Sewer	0.00		416.67		416.67		6,636.42		2,916.69		(3,719.73)		5,000	133%	
Hardscapes	0.00		1,666.67		1,666.67		341.25		11,666.69		11,325.44		20,000	2%	
Signs	0.00		2,083.33		2,083.33		0.00		14,583.31		14,583.31		25,000	0%	
Miscellaneous Maintenance	0.00		416.67		416.67		334.60		2,916.69		2,582.09		5,000	7%	
Total General & Administrative Expenses	$81,642.54		$137,109.27		$55,466.73		$860,646.25		$959,764.89		$99,118.64		$1,645,311	52%	
Total Expenses		$81,642.54			$137,109.27			$55,466.73			$860,646.25			$959,764.89			$99,118.64				
Net Income (Loss)	$(35,622.71)		$70,196.71		$(105,819.42)		$1,714,734.19		$491,376.97		$1,223,357.22				

Fund: (001) General Fund Sector: (0NE) Northeast Sector

			Current Period						Year To Date				Adopted	Percentage	
	Actual		Budget		Variance		Actual		Budget		Variance		FY2026 Budget	Used	

Revenues															
Assessments (Platted Lots) - Northeast	$72,031.04		$322,119.28		$(250,088.24)		$4,031,030.24		$2,254,834.96		$1,776,195.28		$3,865,431	104%	
Assessments (Unplatted Lots) - Northeast	0.00		976.73		(976.73)		1,582.55		6,837.11		(5,254.56)		11,721	14%	
Net Revenues	$72,031.04		$323,096.01		$(251,064.97)		$4,032,612.79		$2,261,672.07		$1,770,940.72		$3,877,152	104%	
General & Administrative Expenses															
Post Blvd & SR70 Intersection	$2,062.00		$2,916.67		$854.67		$14,434.00		$20,416.69		$5,982.69		$35,000	41%	
59th Ave-Lorraine to Post Blvb	500.00		516.67		16.67		3,500.00		3,616.69		116.69		6,200	56%	
Uihlein Road	11,900.00		13,166.67		1,266.67		83,300.00		92,166.69		8,866.69		158,000	53%	
Lorraine Corners	7,665.00		7,833.33		168.33		53,655.00		54,833.31		1,178.31		94,000	57%	
Academic/Lighterwood Trail	3,860.00		3,750.00		(110.00)		27,020.00		26,250.00		(770.00)		45,000	60%	
44th Ave from Lorraine to Bourneside	13,461.00		12,916.67		(544.33)		94,227.00		90,416.69		(3,810.31)		155,000	61%	
Post Blvd. from 59th Ave to Rangeland	2,216.08		3,333.33		1,117.25		15,512.56		23,333.31		7,820.75		40,000	39%	
Uihlein Rd.; 44th Ave. to SR64	0.00		4,166.67		4,166.67		0.00		29,166.69		29,166.69		50,000	0%	
Rangeland Pkwy; Uihlein to Bourneside	4,125.00		10,000.00		5,875.00		28,875.00		70,000.00		41,125.00		120,000	24%	
Bourneside Blvd; Rangeland to SR64	23,142.00		11,250.00		(11,892.00)		86,898.00		78,750.00		(8,148.00)		135,000	64%	
Rangeland Pkwy; Lorraine to Uihlein	6,940.00		7,000.00		60.00		48,580.00		49,000.00		420.00		84,000	58%	
Irrigation Repairs	14,481.75		4,166.67		(10,315.08)		61,947.02		29,166.69		(32,780.33)		50,000	124%	
Plant Replacement	0.00		5,250.00		5,250.00		38,255.14		36,750.00		(1,505.14)		63,000	61%	
Mulching	0.00		7,000.00		7,000.00		47,040.00		49,000.00		1,960.00		84,000	56%	
Tree Trimming	0.00		4,200.00		4,200.00		50,300.00		29,400.00		(20,900.00)		50,400	100%	
Other Landscape Maint., NC, Contingency	285.00		6,916.67		6,631.67		27,600.75		48,416.69		20,815.94		83,000	33%	
Irrigation - Monthly Meter Charge	788.82		766.00		(22.82)		4,732.92		5,362.00		629.08		9,192	51%	
Irrigation - Utilization	5,877.88		16,666.67		10,788.79		98,932.74		116,666.69		17,733.95		200,000	49%	
Lake Maint. (Outside Communities)	6,720.52		3,333.33		(3,387.19)		42,339.12		23,333.31		(19,005.81)		40,000	106%	
Aquatic Plantings	0.00		833.33		833.33		3,277.50		5,833.31		2,555.81		10,000	33%	
Conservation Areas Exotic Sps Removal	2,025.00		6,666.67		4,641.67		5,682.00		46,666.69		40,984.69		80,000	7%	
Peace River Utilities	269.84		1,250.00		980.16		1,625.76		8,750.00		7,124.24		15,000	11%	
Stormwater System & Drainage	0.00		4,166.67		4,166.67		22,660.00		29,166.69		6,506.69		50,000	45%	
Storm Damage and Clean Up	0.00		4,166.67		4,166.67		0.00		29,166.69		29,166.69		50,000	0%	
Sanitary Sewer	518.89		416.67		(102.22)		23,016.01		2,916.69		(20,099.32)		5,000	460%	
Hardscapes	0.00		833.33		833.33		2,060.74		5,833.31		3,772.57		10,000	21%	
Signs	0.00		1,666.67		1,666.67		802.60		11,666.69		10,864.09		20,000	4%	
Miscellaneous Maintenance - NE	0.00		100.00		100.00		0.00		700.00		700.00		1,200	0%	
Total General & Administrative Expenses	$106,838.78		$145,249.36		$38,410.58		$886,273.86		$1,016,745.52		$130,471.66		$1,742,992	51%	
Total Expenses	$106,838.78		$145,249.36		$38,410.58		$886,273.86		$1,016,745.52		$130,471.66				
Net Income (Loss)	$(34,807.74)		$177,846.65		$(212,654.39)		$3,146,338.93		$1,244,926.55		$1,901,412.38				

Sector: (0NW) Northwest Sector

			Current Period						Year To Date	Adopted FY2026	Percentage	
	Actual		Budget		Variance		Actual		Budget		Variance		Budget	Used	

Revenues															
Assessments (Platted Lots) - Northwest	$62,026.73		$312,789.08		$(250,762.35)		$3,471,164.93		$2,189,523.56		$1,281,641.37		$3,753,469	92%	
Assessments (Unplatted Lots) - Northwest	0.00		1,618.15		(1,618.15)		0.00		11,327.05		(11,327.05)		19,418	0%	
Net Revenues	$62,026.73		$314,407.23		$(252,380.50)		$3,471,164.93		$2,200,850.61		$1,270,314.32		$3,772,887	92%	
General & Administrative Expenses															
Kent Lake & Lake Bank Ma	$16,460.00		$5,000.00		$(11,460.00)		$98,760.00		$35,000.00		$(63,760.00)		$60,000	165%	
Lake Bank mowing	0.00		2,833.33		2,833.33		0.00		19,833.31		19,833.31		34,000	0%	
Rangeland-WhiteEagle to	4,069.50		0.00		(4,069.50)		28,486.50		0.00		(28,486.50)		-	0%	
Silver Falls	4,756.25		3,333.33		(1,422.92)		28,537.50		23,333.31		(5,204.19)		40,000	71%	
NW Sector East Landscape Contract	18,971.05		23,585.33		4,614.28		137,553.60		165,097.31		27,543.71		283,024	49%	
NW Sector West Landscape Contract	20,865.66		24,298.58		3,432.92		146,059.62		170,090.06		24,030.44		291,583	50%	
Crossland Trail	0.00		2,750.00		2,750.00		0.00		19,250.00		19,250.00		33,000	0%	
Newhaven Blvd.	3,033.07		2,916.67		(116.40)		21,231.49		20,416.69		(814.80)		35,000	61%	
Irrigation Repairs	9,943.98		10,833.33		889.35		82,702.76		75,833.31		(6,869.45)		130,000	64%	
Plant Replacement	0.00		7,000.00		7,000.00		63,263.81		49,000.00		(14,263.81)		84,000	75%	
Mulching	0.00		8,750.00		8,750.00		87,558.00		61,250.00		(26,308.00)		105,000	83%	
Tree Trimming	650.00		6,250.00		5,600.00		57,825.00		43,750.00		(14,075.00)		75,000	77%	
Other Landscape Maint., NC, Contingency	1,600.00		10,416.67		8,816.67		19,034.00		72,916.69		53,882.69		125,000	15%	
Irrigation - Utilization	788.82		766.00		(22.82)		4,732.92		5,362.00		629.08		9,192	51%	
Irrigation - Utilization - NW	12,940.28		25,833.33		12,893.05		217,802.51		180,833.31		(36,969.20)		310,000	70%	
Lake Maint. (Outside Communities)	16,728.38		4,166.67		(12,561.71)		49,532.28		29,166.69		(20,365.59)		50,000	99%	
Aquatic Plantings	0.00		1,250.00		1,250.00		3,502.50		8,750.00		5,247.50		15,000	23%	
Conservation Areas Exotic Sps Maint.	15,075.00		6,666.67		(8,408.33)		93,895.00		46,666.69		(47,228.31)		80,000	117%	
FPL	63.41		75.00		11.59		387.94		525.00		137.06		900	43%	
Peace River Utilities	119.94		2,000.00		1,880.06		726.26		14,000.00		13,273.74		24,000	3%	
Central Park Utility Turnover	0.00		4,130.00		4,130.00		0.00		28,910.00		28,910.00		49,560	0%	
Stormwater System & Drainage	0.00		4,166.67		4,166.67		29,875.00		29,166.69		(708.31)		50,000	60%	
Storm Damage and Clean Up	0.00		4,166.67		4,166.67		0.00		29,166.69		29,166.69		50,000	0%	
Sanitary Sewer	0.00		1,666.67		1,666.67		300.00		11,666.69		11,366.69		20,000	1%	
Hardscapes	0.00		3,333.33		3,333.33		36,513.66		23,333.31		(13,180.35)		40,000	91%	
Signs	2,259.00		3,333.33		1,074.33		6,949.41		23,333.31		16,383.90		40,000	17%	
Miscellaneous Maintenance	0.00		1,250.00		1,250.00		0.00		8,750.00		8,750.00		15,000	0%	
Total General & Administrative Expenses	$128,324.34		$170,771.58		$42,447.24		$1,215,229.76		$1,195,401.06		$(19,828.70)		$2,049,259	59%	
Total Expenses		$128,324.34			$170,771.58			$42,447.24			$1,215,229.76		  $1,195,401.06			$(19,828.70)				
Net Income (Loss)	$(66,297.61)		$143,635.65		$(209,933.26)		$2,255,935.17		$1,005,449.55		$1,250,485.62				

Fund: (001) General Fund Sector: (SRQ) Sarasota Sector

			Current Period						Year To Date				Adopted	Percentage	
	Actual		Budget		Variance		Actual		Budget		Variance		FY2026 Budget	Used	

Revenues															
Assessments (Platted Lots) - Sarasota	$175,882.66		$193,210.41		$(17,327.75)		$2,294,794.01		$1,352,472.87		$942,321.14		$2,318,525	99%	
Assessments (Unplatted Lots) - Sarasota	0.00		45.28		(45.28)		0.00		316.96		(316.96)		543	0%	
Net Revenues	$175,882.66		$193,255.69		$(17,373.03)		$2,294,794.01		$1,352,789.83		$942,004.18		$2,319,068	99%	
General & Administrative Expenses															
Deer Drive from U. Pkwy to LWR Blvd	$11,290.35		$11,666.67		$376.32		$78,966.78		$81,666.69		$2,699.91		$140,000	56%	
Lorraine Rd; Uni. Pkwy to S. Boundary	0.00		14,042.00		14,042.00		0.00		98,294.00		98,294.00		168,504	0%	
LWR Blvd; Comm Pkwy to S. Boundary	9,877.00		10,250.00		373.00		59,262.00		71,750.00		12,488.00		123,000	48%	
Lorraine Rd; S. Boundary to FruitvilleRd	6,586.22		7,500.00		913.78		46,103.54		52,500.00		6,396.46		90,000	51%	
Blythe Ave. Cannon St. and Lucent Pl.	2,500.00		2,500.00		0.00		17,500.00		17,500.00		0.00		30,000	58%	
Blue Lake Road	23,111.00		12,500.00		(10,611.00)		101,624.26		87,500.00		(14,124.26)		150,000	68%	
Pine Warbler Place	690.00		1,000.00		310.00		4,830.00		7,000.00		2,170.00		12,000	40%	
Irrigation Repairs	1,782.67		5,833.33		4,050.66		28,617.01		40,833.31		12,216.30		70,000	41%	
Plant Replacement	593.00		8,333.33		7,740.33		32,103.30		58,333.31		26,230.01		100,000	32%	
Mulching	0.00		6,666.67		6,666.67		22,576.40		46,666.69		24,090.29		80,000	28%	
Tree Trimming	0.00		5,000.00		5,000.00		20,340.00		35,000.00		14,660.00		60,000	34%	
Other Landscape Maint., NC, Contingency	501.05		8,333.33		7,832.28		16,447.10		58,333.31		41,886.21		100,000	16%	
Irrigation - Utilization	788.82		791.67		2.85		4,732.92		5,541.69		808.77		9,500	50%	
Irrigation - Utilization - SRQ	8,112.81		18,333.33		10,220.52		78,523.14		128,333.31		49,810.17		220,000	36%	
Lake Maint. (Outside Communities)	9,104.75		4,166.67		(4,938.08)		55,924.50		29,166.69		(26,757.81)		50,000	112%	
Aquatic Plantings	0.00		500.00		500.00		2,692.00		3,500.00		808.00		6,000	45%	
Conservation Areas Exotic Sps Maint.	0.00		6,666.67		6,666.67		28,510.00		46,666.69		18,156.69		80,000	36%	
FPL	2,416.35		2,916.67		500.32		16,790.38		20,416.69		3,626.31		35,000	48%	
Stormwater System & Drainage	0.00		4,166.67		4,166.67		45,397.50		29,166.69		(16,230.81)		50,000	91%	
Storm Damage and Clean Up	0.00		4,166.67		4,166.67		0.00		29,166.69		29,166.69		50,000	0%	
Sanitary Sewer	0.00		500.00		500.00		150.00		3,500.00		3,350.00		6,000	3%	
Water Taxi - Operation, Maint & Ins.	1,469.99		4,166.67		2,696.68		16,445.08		29,166.69		12,721.61		50,000	33%	
Hardscapes	50,581.25		3,333.33		(47,247.92)		111,615.47		23,333.31		(88,282.16)		40,000	279%	
Signs	0.00		3,333.33		3,333.33		1,462.00		23,333.31		21,871.31		40,000	4%	
Miscellaneous Maintenance	759.00		1,250.00		491.00		759.00		8,750.00		7,991.00		15,000	5%	
Total General & Administrative Expenses	$130,164.26		$147,917.01		$17,752.75		$791,372.38		$1,035,419.07		$244,046.69		$1,775,004	45%	
Total Expenses		$130,164.26			$147,917.01			$17,752.75			$791,372.38		  $1,035,419.07			$244,046.69				
Net Income (Loss)	$45,718.40		$45,338.68		$379.72		$1,503,421.63		$317,370.76		$1,186,050.87				

Lakewood Ranch Stewardship District
Income Statement
For the period of 4/1/2026 Through 4/30/2026	
Fund: (001) General Fund Sector: (0SE) Southeast Sector	

Actual		Current Period
Budget		

Variance		

Actual		Year To Date
Budget		

Variance	Adopted FY2026 Budget	Percentage Used	

General & Administrative Expenses														
Bourneside - University to Fruitville	$0.00		$4,166.67		$4,166.67		$0.00		$29,166.69		$29,166.69	$50,000	0%	
Irrigation Repairs	0.00		166.67		166.67		0.00		1,166.69		1,166.69	2,000	0%	
Plant Replacement	0.00		166.67		166.67		0.00		1,166.69		1,166.69	2,000	0%	
Irrigation - Monthly Meter Charge	0.00		166.67		166.67		0.00		1,166.69		1,166.69	2,000	0%	
Irrigation - Utilization	0.00		4,166.67		4,166.67		0.00		29,166.69		29,166.69	50,000	0%	
Peace River Utilities	0.00		833.33		833.33		0.00		5,833.31		5,833.31	10,000	0%	
Hardscapes - SE	0.00		0.00		0.00		1,180.09		0.00		(1,180.09)	-	0%	
Signs	0.00		166.67		166.67		0.00		1,166.69		1,166.69	2,000	0%	
Total General & Administrative Expenses	$0.00		$9,833.35		$9,833.35		$1,180.09		$68,833.45		$67,653.36	$116,000	0%	
Total Expenses		$0.00			$9,833.35			$9,833.35			$1,180.09			$68,833.45			$67,653.36			
Net Income (Loss)	$0.00		$(9,833.35)		$9,833.35		$(1,180.09)		$(68,833.45)		$67,653.36			

Lakewood Ranch Stewardship District
Income Statement
For the period of 4/1/2026 Through 4/30/2026
Fund: (001) General Fund Sector: (TAY) Taylor Sector

			Current Period						Year To Date				Adopted	Percentage	
	Actual		Budget		Variance		Actual		Budget		Variance		FY2026 Budget	Used	

Revenues															
Assessments (Platted Lots) - Taylor	$20,008.62		$86,205.25		$(66,196.63)		$1,119,730.61		$603,436.75		$516,293.86		$1,034,463	108%	
Assessments (Unplatted Lots) - Taylor	0.00		8,969.67		(8,969.67)		0.00		62,787.69		(62,787.69)		107,636	0%	
Net Revenues	$20,008.62		$95,174.92		$(75,166.30)		$1,119,730.61		$666,224.44		$453,506.17		$1,142,099	98%	
General & Administrative Expenses															
Rangeland - East of Bourneside	$5,700.00		$8,333.33		$2,633.33		$39,900.00		$58,333.31		$18,433.31		$100,000	40%	
44th Ave. East - East of Bourneside	5,200.00		8,333.33		3,133.33		51,610.00		58,333.31		6,723.31		100,000	52%	
Bourneside - SR 64 to Rangeland RAB	0.00		10,833.33		10,833.33		0.00		75,833.31		75,833.31		130,000	0%	
Taylor Landscape Berm	15,868.25		1.25		(15,867.00)		71,192.62		8.75		(71,183.87)		15	474617%	
Irrigation Repairs	2,426.87		2,500.00		73.13		66,944.88		17,500.00		(49,444.88)		30,000	223%	
Plant Replacement	0.00		833.33		833.33		48,056.30		5,833.31		(42,222.99)		10,000	481%	
Mulching	0.00		833.33		833.33		0.00		5,833.31		5,833.31		10,000	0%	
Tree Trimming	0.00		833.33		833.33		0.00		5,833.31		5,833.31		10,000	0%	
Other Landscape Maint., NC, Contingency	0.00		1,666.67		1,666.67		82,541.25		11,666.69		(70,874.56)		20,000	413%	
Irrigation - Monthly Meter Charge	788.82		791.67		2.85		788.82		5,541.69		4,752.87		9,500	8%	
Irrigation - Utilization	4,447.52		16,666.67		12,219.15		4,447.52		116,666.69		112,219.17		200,000	2%	
Conservation Areas Exotic Sps Maint.	0.00		833.33		833.33		0.00		5,833.31		5,833.31		10,000	0%	
Peace River Utilities	0.00		833.33		833.33		0.00		5,833.31		5,833.31		10,000	0%	
Stormwater System & Drainage	0.00		833.33		833.33		0.00		5,833.31		5,833.31		10,000	0%	
Storm Damage and Clean Up	0.00		4,166.67		4,166.67		0.00		29,166.69		29,166.69		50,000	0%	
Sanitary Sewer	0.00		0.00		0.00		300.00		0.00		(300.00)		-	0%	
Hardscapes	0.00		0.00		0.00		(12,594.27)		0.00		12,594.27		-	0%	
Signs	0.00		833.33		833.33		274.20		5,833.31		5,559.11		10,000	3%	
Total General & Administrative Expenses	$34,431.46		$59,126.23		$24,694.77		$353,461.32		$413,883.61		$60,422.29		$709,515	50%	
Total Expenses		$34,431.46			$59,126.23			$24,694.77			$353,461.32			$413,883.61			$60,422.29				
Net Income (Loss)	$(14,422.84)		$36,048.69		$(50,471.53)		$766,269.29		$252,340.83		$513,928.46