VALENCIA ACRES COMMUNITY DEVELOPMENT DISTRICT

MIAMI-DADE COUNTY REGULAR BOARD MEETING MARCH 19, 2026
6:30 P.M.

Special District Services, Inc. 8785 SW 165th Avenue, Suite 200
Miami, FL 33193
www.valenciaacrescdd.org 786.347.2711 Telephone 877.SDS.4922 Toll Free 561.630.4923 Facsimile

AGENDA
VALENCIA ACRES COMMUNITY DEVELOPMENT DISTRICT
Cafeteria of Somerset Charter School 18491 SW 134th Avenue Miami, Florida 33177
REGULAR BOARD MEETING
March 19, 2026
6:30 p.m.

Call to Order
Proof of Publication	Page 1
Establish Quorum
Additions or Deletions to Agenda
Comments from the Public for Items Not on the Agenda
Approval of Minutes
October 16, 2025 Regular Board Meeting Minutes	Page 3
Old Business
New Business
Consider Resolution No. 2026-01 – Approving a Proposed Budget for FY 2026/2027	Page 7
Consider Approval of Billing Cochran Rate Adjustment Request	Page 14
Administrative Matters
Financial Report	Page 16
Announce the 2026 General Election and Candidate Qualifying Period – Noon, Monday, June 8, 2026, through Noon, Friday, June 12, 2026
Board Member/Staff Comments
Adjourn

McClatchy

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AFFIDAVIT OF PUBLICATION

Account#	Order Number	Identification	Order PO	Cols	Depth	
57893	IPL0276808	Legal Ad - IPL0276808	Fiscal year 2025/2026 Meeting Schedule	1.0	63.0L	

ATTENTION: Valencia Acres Community Development District IP 2501A Burns Road
Palm Beach Gardens, FL 33410 larcher@sdsinc.org

PUBLISHED DAILY MIAMI-DADE-FLORIDA

STATE OF FLORIDA COUNTY OF MIAMI-DADE

VALENCIA ACRES COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2025/2026 REGULAR MEETING SCHEDULE
NOTICE IS HEREBY GIVEN that
the Board of Supervisors of the Va-lencia Acres Community Development District will hold Regular Meetings in the Cafeteria of Somerset Academy Charter School at 18491 SW 134th Avenue, Miami, Florida 33177 at 6:30
p.m. on the following dates:
October 16, 2025
March 19, 2026
May21, 2026
August 20, 2026
The purpose of the meetings is to conduct all business coming before the Board. Meetings are open to the public and will be conducted in accor-dance with the provisions of Florida law. Copies of the Agendas for any of the meetings may be obtained from the District's website or by contacting the District Manager at 786-347-2711 Ext. 2011 and/or toll free at 1-877-737-4922 five (5) days prior to the date of the particular meeting.
If any person decides to appeal any decision made with respect to any matter considered at these meetings, such person will need a record of the proceedings and such person may need to insure that a verbatim record of the proceedings is made at his or her own expense and which record includes the testimony and evidence on which the appeal is based.
In accordance with the provisions of the Americans with Disabilities Act, any person requiring special accom-modations or an interpreter to partic-ipate at any of these meetings should contact the District Manager at 786-347-2711 Ext. 2011 and/or toll-free

Before the undersigned authority personally appeared, the under-signed, who on oath says that he/she is Custodian of Records of The The Miami Herald, a newspaper published in Miami Dade County, Flor-ida, that the attached was published on the publicly accessible website of The Miami Herald or by print In the issues and dates listed below.

Affiant further Says that the said Miami Herald website or newspaper complies with all legal requirements for publication in chapter 50, Florida Statutes.

1.0 insertion(s) published on: 10/03/25 Print

Print Tearsheet Link

Marketplace Link

Sherry Chasteen

Sworn to and subscribed before

at 1-877-737-4922 at least seven (7) days prior to the date of the particular meeting.
Meetings may be cancelled from time to time without advertised notice.
VALENCIA ACRES COMMUNITY

me on

Oct 3, 2025, 9:39 AM EDT

DEVELOPMENT DISTRICT
www.valenciaacrescdd.org
IPl...0276808 Oct3 2025

Online Notary Public. This notarial act involved the use of online audio/video communication technology. Notarization facilitated by SIGNiX•
Page 1

VALENCIA ACRES COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2025/2026 REGULAR MEETING SCHEDULE
NOTICE IS HEREBY GIVEN that
the Board of Supervisors of the Va-lencia Acres Community Development District will hold Regular Meetings in the Cafeteria of Somerset Academy Charter School at 18491 SW 134th Avenue, Miami, Florida 33177 at 6:30
p.m. on the following dates:
October 16, 2025
March 19, 2026
May21, 2026
August 20, 2026
The purpose of the meetings is to conduct all business coming before the Board. Meetings are open to the public and will be conducted in accor-dance with the provisions of Florida law. Copies of the Agendas for any of the meetings may be obtained from the District's website or by contacting the District Manager at 786-347-2711 Ext. 2011 and/or toll free at 1-877-737-4922 five (5) days prior to the date of the particular meeting.
If any person decides to appeal any decision made with respect to any matter considered at these meetings, such person will need a record of the proceedings and such person may need to insure that a verbatim record of the proceedings is made at his or her own expense and which record includes the testimony and evidence on which the appeal is based.

In accordance with the provisions of the Americans with Disabilities Act, any person requiring special accom-modations or an interpreter to partic-ipate at any of these meetings should contact the District Manager at 786-347-2711 Ext. 2011 and/or toll-free
at 1-877-737-4922 at least seven (7) days prior to the date of the particular meeting.
Meetings may be cancelled from time to time without advertised notice.
VALENCIA ACRES COMMUNITY DEVELOPMENT DISTRICT
www.valenciaacrescdd.org
IPL0276808 Oct3 2025

Page 2

VALENCIA ACRES COMMUNITY DEVELOPMENT DISTRICT REGULAR BOARD MEETING
OCTOBER 16, 2025

CALL TO ORDER

Mrs. Perez called the October 16, 2025, Regular Board Meeting of the Valencia Acres Community Development District (the “District”) to order at 6:30 p.m. in the Cafeteria of Somerset Charter School located at 18491 SW 134th Avenue, Miami, Florida 33177.

PROOF OF PUBLICATION

Proof of publication was presented that notice of the Regular Board Meeting had been published in the Miami Herald on October 3, 2025, as part of the District’s Fiscal Year 2025/2026 Meeting Schedule, as legally required.

ESTABLISH A QUORUM

It was determined that the attendance of the following Supervisors constituted a quorum and it was in order to proceed with the meeting: Chairperson Yvette Bishop, Vice Chairman Ramses Bonet and Supervisors Robert Perez, Sarojini “Soma” Mohan and Sandi Rae Chamyan (via phone).

Also in attendance were District Manager Gloria Perez of Special District Services, Inc.; and General Counsel Liza Smoker of Billing, Cochran, Lyles, Mauro & Ramsey, P.A.

ADDITIONS OR DELETIONS TO AGENDA

There were no additions to deletions to the agenda.

COMMENTS FROM THE PUBLIC FOR ITEMS NOT ON THE AGENDA

There were no comments from the public for items not on the agenda.

APPROVAL OF MINUTES
April 22, 2025, Public Hearing & Regular Board Meeting

Mrs. Perez presented the minutes of the April 22, 2025, Public Hearing & Regular Board Meeting and asked if there were any corrections or additions.

A MOTION was made by Supervisor Bonet, seconded by Supervisor Bishop and unanimously passed approving the minutes of the April 22, 2025, Public Hearing & Regular Board Meeting, as presented.

OLD BUSINESS
There were no Old Business items to come before the Board.
NEW BUSINESS

Consider Resolution No. 2025-05 – Adopting a Fiscal Year 2024/2025 Amended Budget

Mrs. Perez presented Resolution No. 2025-05, entitled:

RESOLUTION NO. 2025-05

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE VALENCIA ACRES COMMUNITY DEVELOPMENT DISTRICT AUTHORIZING AND ADOPTING AN AMENDED FINAL FISCAL YEAR 2024/2025 BUDGET (“AMENDED BUDGET”), PURSUANT TO CHAPTER 189, FLORIDA STATUTES; AND PROVIDING AN EFFECTIVE DATE.

Mrs. Perez explained, as done every year for administrative and statutory requirements, within 60 days of any given fiscal year end, the Board adopts a revised/amended budget for said year. The fiscal year ended on September 30, 2025. This is the reason it is administrative in nature (past year’s budget for past year’s expenses) and will serve as the Board’s final approval/ratification of the District’s expenditures for the past fiscal year.

A MOTION was made by Supervisor Perez, seconded by Supervisor Chamyan and unanimously passed adopting Resolution No. 2025-05, as presented.

Consider Resolution No. 2025-06 - Interlocal Access Agreement for Local Government Publication of Legal Advertisements and Public Notices on County Designated Website and Authorizing Signatories

Mrs. Perez presented Resolution No. 2025-06, entitled:

RESOLUTION 2025–06

A RESOLUTION OF THE VALENCIA ACRES COMMUNITY DEVELOPMENT DISTRICT (THE "DISTRICT") RELATING TO THE INTERLOCAL ACCESS AGREEMENT FOR LOCAL GOVERNMENT	PUBLICATION	OF	LEGAL ADVERTISEMENTS AND PUBLIC NOTICES ON COUNTY DESIGNATED WEBSITE; APPROVING SAME; PROVIDING FOR AUTHORIZED SIGNATORIES; AND PROVIDING FOR AN EFFECTIVE DATE

Mrs. Perez presented the Miami-Dade County Advertisement Interlocal Agreement and explained that the District requires the publication of legal ads and the costs associated with them. She further noted that due to the closing of the Miami Daily Business Review, the District has had to advertise in The Miami Herald, which costs are significantly higher than that of the Miami Daily Business Review.

This higher cost prompted Special District Services’ management team to seek an alternative for publications. Mrs. Perez stated that her office had been in communication with Miami-Dade County (the “County”) Communications and it has been determined that advertising on the County’s website was an option that complies with Florida Statutes. This resulted in the County Attorney’s review and

authorization of the District entering into an Interlocal Agreement with Community Development Districts. This is a great accomplishment that will save the District considerably and is estimated to cost approximately $707 annually. The ILA has been reviewed by District Counsel and has been deemed acceptable. Miami-Dade County is now requesting that the Board allocate authorized signers therefore District Counsel has prepared the presented resolution for Board consideration.

A MOTION was made by Supervisor Chamyan, seconded by Supervisor Perez and unanimously passed adopting Resolution No. 2025-06, as presented.

Consider Resolution No. 2025-07 – Goals & Objectives Annual Report

Mrs. Perez presented Resolution No. 2025-07, entitled:

RESOLUTION 2025-07

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE VALENCIA ACRES COMMUNITY DEVELOPMENT DISTRICT ADOPTING AN ANNUAL REPORT OF GOALS, OBJECTIVES, AND PERFORMANCE MEASURES AND STANDARDS; PROVIDING A SEVERABILITY CLAUSE; AND PROVIDING AN EFFECTIVE DATE.
An overview of the Resolution Adopting Goals and Objectives was provided.

A MOTION was then made by Supervisor Chamyan, seconded by Supervisor Bishop and passed unanimously adopting Resolution No. 2025-07, as presented.

ADMINISTRATIVE MATTERS
Financial Report

Mrs. Perez presented the financial statement through September 2025 and noted that available funds as of September 30, 2025, were $101,246.61.

A MOTION was made by Supervisor Perez, seconded by Supervisor Bonet and passed unanimously ratifying and approving the financials, as presented.

BOARD MEMBER/STAFF COMMENTS
Legislative Update

Ms. Smoker went over the 2025 Legislative Update Memorandum that was provided in the meeting
materials and addressed the Board’s questions.

Ethics Training

Mrs. Perez reminded the Board that they are required to complete 4 hours of ethics training annually. She also noted that in order to comply with the 2025 Form 1 due July 1, 2026, the hours must be completed no later than December 31, 2025. She further noted that links to two training sessions were available on the website.

ADJOURNMENT

There being no further business to come before the Board, a MOTION was made by Supervisor Bishop, seconded by Supervisor Bonet adjourning the Regular Board Meeting at 6:47 p.m. The MOTION carried unanimously.

ATTESTED BY:

Secretary/Assistant Secretary	Chairperson/Vice-Chair

RESOLUTION NO. 2026-01

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE VALENCIA ACRES COMMUNITY DEVELOPMENT DISTRICT APPROVING A PROPOSED BUDGET FOR FISCAL YEAR 2026/2027; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the Board of Supervisors (“Board”) of the Valencia Acres Community Development District (“District”) is required by Chapter 190.008, Florida Statutes, to approve a Proposed Budget for each fiscal year; and,

WHEREAS, the Proposed Budget including the Assessments for Fiscal Year 2026/2027 has been prepared and considered by the Board.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE VALENCIA ACRES COMMUNITY DEVELOPMENT DISTRICT THAT:

Section 1.  The Proposed Budget including the Assessments for Fiscal Year 2026/2027 attached hereto as Exhibit “A” is approved and adopted.

Section 2.   A Public Hearing is hereby scheduled for May 21, 2026 at 6:30 p.m. in
the Cafeteria of Somerset Charter School, 18491 SW 134th Avenue, Miami, Florida 33177, for the purpose of receiving public comments on the Proposed Fiscal Year 2026/2027 Budget.

PASSED, ADOPTED and EFFECTIVE this 19th day of March, 2026.

ATTEST:	VALENCIA ACRES
COMMUNITY DEVELOPMENT DISTRICT

By:			By:		 Secretary/Assistant Secretary			Chairman/Vice Chairman

Valencia Acres Community Development District

Proposed Budget For Fiscal Year 2026/2027
October 1, 2026 - September 30, 2027

CONTENTS

PROPOSED BUDGET

DETAILED PROPOSED BUDGET

DETAILED PROPOSED DEBT SERVICE FUND BUDGET

ASSESSMENT COMPARISON

PROPOSED BUDGET
VALENCIA ACRES COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2026/2027
OCTOBER 1, 2026 - SEPTEMBER 30, 2027

REVENUES	
FISCAL YEAR 2026/2027 BUDGET	
O & M Assessments	45,753	
Debt Assessments	116,569	
Interest Income	900	
		
TOTAL REVENUES	$	163,222	
		
EXPENDITURES		
Supervisor Fees	5,000	
Payroll Taxes (Employer)	383	
Engineering/Inspections	1,000	
Management	15,000	
Legal	7,750	
Assessment Roll	4,000	
Audit Fees	3,600	
Insurance	8,200	
Legal Advertisements	2,125	
Miscellaneous	325	
Postage	275	
Office Supplies	250	
Dues & Subscriptions	175	
Trustee Fees	2,500	
Continuing Disclosure Fee	350	
Website Management	1,750	
		
TOTAL EXPENDITURES	$	52,683	
		
REVENUES LESS EXPENDITURES	$	110,539	
		
Bond Payments	(109,575)	
		
Balance	$	964	
		
County Appraiser & Tax Collector Fee	(3,246)	
Discounts For Early Payments	(6,493)	
		
EXCESS/ (SHORTFALL)	$	(8,775)	
		
Carryover From Prior Year	8,775	
		
NET EXCESS/ (SHORTFALL)	$	-	

DETAILED PROPOSED BUDGET
VALENCIA ACRES COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2026/2027
OCTOBER 1, 2026 - SEPTEMBER 30, 2027

REVENUES	

FISCAL YEAR 2024/2025
ACTUAL	

FISCAL YEAR 2025/2026
BUDGET	

FISCAL YEAR 2026/2027
BUDGET	

COMMENTS	
O & M Assessments	46,092	45,785	45,753	Expenditures Less Interest & Carryover/.94	
Debt Assessments	101,497	116,569	116,569	Bond Payments/.94	
Interest Income	4,336	720	900	Projected At $75 Per Month	
					
TOTAL REVENUES	$	151,925	$	163,074	$	163,222		
					
EXPENDITURES					
Supervisor Fees	2,800	5,000	5,000	Supervisor Fees	
Payroll Taxes (Employer)	214	383	383	Supervisor Fees *7.65%	
Engineering/Inspections	0	1,000	1,000	No Change From 2025/2026 Budget	
Management	15,000	15,000	15,000	No Change From 2025/2026 Budget	
Legal	7,520	7,000	7,750	$750 Increase From 2025/2026 Budget	
Assessment Roll	4,000	4,000	4,000	No Change From 2025/2026 Budget	
Audit Fees	3,400	3,500	3,600	Accepted Amount For 2025/2026 Audit	
Insurance	6,858	7,200	8,200	Fiscal Year 2024/2025 Expenditure was $7,769	
Legal Advertisements	1,988	2,200	2,125	$75 Decrease From 2025/2026 Budget	
Miscellaneous	276	350	325	$25 Decrease From 2025/2026 Budget	
Postage	331	275	275	No Change From 2025/2026 Budget	
Office Supplies	22	275	250	$25 Decrease From 2025/2026 Budget	
Dues & Subscriptions	175	175	175	No Change From 2025/2026 Budget	
Trustee Fees	2,500	2,550	2,500	$50 Decrease From 2025/2026 Budget	
Continuing Disclosure Fee	350	350	350	No Change From 2025/2026 Budget	
Website Management	1,750	1,750	1,750	No Change From 2025/2026 Budget	
					
TOTAL EXPENDITURES	$	47,184	$	51,008	$	52,683		
					
REVENUES LESS EXPENDITURES	$	104,741	$	112,066	$	110,539		
					
Bond Payments	(96,827)	(109,575)	(109,575)	2027 P & I Payments Less Earned Interest	
					
Balance	$	7,914	$	2,491	$	964		
					
County Appraiser & Tax Collector Fee	(1,420)	(3,247)	(3,246)	Two Percent Of Total Assessment Roll	
Discounts For Early Payments	(5,358)	(6,494)	(6,493)	Four Percent Of Total Assessment Roll	
					
EXCESS/ (SHORTFALL)	$	1,136	$	(7,250)	$	(8,775)		
					
Carryover From Prior Year	0	7,250	8,775	Carryover Balance From Prior Years	
					
NET EXCESS/ (SHORTFALL)	$	1,136	$	-	$	-		

DETAILED PROPOSED DEBT SERVICE BUDGET
VALENCIA ACRES COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2026/2027
OCTOBER 1, 2026 - SEPTEMBER 30, 2027

REVENUES	FISCAL YEAR 2024/2025 ACTUAL	FISCAL YEAR 2025/2026 BUDGET	FISCAL YEAR 2026/2027 BUDGET	

COMMENTS	

Interest Income	
1,804	
500	
600	
Projected Interest For 2026/2027	

NAV Tax Collection	
96,827	
109,575	
109,575	
2026 P & I Payments Less Earned Interest	

Total Revenues	
$	98,631	
$	110,075	
$	110,175		

EXPENDITURES					

Principal Payments	
67,968	
70,380	
72,877	
Principal Payment Due In 2027	

Interest Payments	
28,455	
32,456	
36,698	
Interest Payments Due In 2027	

Bond Redemption	
0	
7,239	
600	
Estimated Excess Debt Collections	

Total Expenditures	
$	96,423	
$	110,075	
$	110,175		

Excess/ (Shortfall)	
$	2,208	
$	-	
$	-		

Series 2016 Bond Refunding Information

Original Par Amount =	$1,265,410	Annual Principal Payments Due =	May 1st	
Interest Rate =	3.5% - 5.8%	Annual Interest Payments Due =	May 1st & November 1st	
Issue Date = Maturity Date =	July 2016
May 2034			
Par Amount As Of 1/1/26 =	$731,182			

Valencia Acres Community Development District
Assessment Comparison

2017 through 2025 Debt Service Assessment
Before Discount*	2026 through 2034 Debt Service Assessment
Before Discount*	Fiscal Year 2022/2023
Assessment
Before Discount*	Fiscal Year 2023/2024
Assessment
Before Discount*	Fiscal Year 2024/2025
Assessment
Before Discount*	Fiscal Year 2025/2026
Assessment
Before Discount*	Fiscal Year 2026/2027
Projected Assessment
Before Discount*	

O & M	
$	
-	
$	
-	
$	
318.45	
$	
318.45	
$	
318.05	
$	
317.96	
$	
317.74	
Debt	$	704.84	$	809.51	$	704.84	 $	704.84	 $	704.84	 $	809.51	 $	809.51	
Total	$	704.84	$	809.51	$	1,023.29	$	1,023.29	$	1,022.89	$	1,127.47	$	1,127.25	

* Assessments Include the Following :

4% Discount for Early Payments 1% County Tax Collector Fee
1% County Property Appraiser Fee

Community Information:
Total Units	144

IV

LAW OFFICES
BILLING@COCHRAN
ESTABLISHED 1977

KENNETH W. MORGAN, JR. MICHAEL J. PAWELCZYK MANUEL R. COMRAS ANDREW A. RIEF
JEFFERY R. LAWLEY GINGER E. WALD SCOTT C. COCHRAN
ALINE 0. MARCANTONIO JOHN C. WEBBER

STEVEN F. BILLING (1947-1998)

BILLING COCHRAN, P.A.
LAS OLAS SQUARE, SUITE 600 SIS EAST LAS OLAS BOULEVARD
FORT LAUDERDALE, FLORIDA 33301 (954) 764-7150
(954) 764-7279 FAX

PGA NATIONAL OFFICE CENTER
300 AVENUE OF THE CHAMPIONS, SUITE 270 PALM BEACH GARDENS, FLORIDA 33418
(561) 659-5970
(561) 659-6173 FAX

CHRISTINE A. BROWN GABRIELLA A. FERNANDEZ PEREZ
MARLENE E. GONZALEZ LORI B. LEWELLEN LIZA E. SMOKER LUCAS A. WILLIAMS

OF COUNSEL: CLARK J. COCHRAN, JR.
SUSAN F. OELEGAL DENNIS E. LYLES BRUCE M. RAMSEY

HAYWARD 0. GAY ( 1943-2007)			RICHARDT.  WOULFE

WWW.BI LL! NGCOCHRAN .COM PLEASE REPLY TO: FORT LAUDERDALE

February 2, 2026

VIA E-MAIL ONLY-gperez@sdsinc.org Ms. Gloria Perez
District Manager
Special District Services Kendall Office Center
8785 SW 165th Avenue, #200
Miami, FL 33193

Re:		Adjustment to District Counsel Fee Structure Valencia Acres Community Development District Our File: 575.03489
Dear Gloria:
This firm's current fee structure has been in place since 2023. Although we are certainly minqful of the necessity to keep increases in the District's expenses, including the cost of legal services, to a minimum, it has become necessary for us to adjust our hourly rates effective, October 1, 2026, as follows:

Attorneys/Partners:
Attorneys/Associates:

$300.00 per hour
$250.00 per hour

This hourly fee structure will be adjusted on a periodic basis in connection with the District's budget process no later than every third Fiscal Year to reflect changes in the Consumer Price Index published by the U. S. Department of Labor.

Ms. Gloria Perez February 2, 2026
Page 2

fees.

Naturally, should you feel you have any questions or require any further information in support of this adjustment you should feel free to contact me at your convenience. As I think you are aware, we very much appreciate the opportunity to serve as District Counsel as well as your courtesy and cooperation with regard to the necessity of what we believe to be both infrequent and reasonable adjustments to our schedule of professional

MJP/jmp
cc: Brielle Barba, SDS (via email only)

Valencia Acres Community Development District

Financial Report For February 2026

Valencia Acres Community Development District
Budget vs. Actual
October 2025 through February 2026

	Oct 25 - Feb 26		25/26 Budget		$ Over Budget		% of Budget	
Income									
363.100	ꞏ O & M Assessments	37,824.88		45,785.00		-7,960.12		82.61%	
363.810	ꞏ Debt Assessments	96,305.86		116,569.00		-20,263.14		82.62%	
363.820	ꞏ Debt Assessment-Paid To Trustee	-91,519.32		-109,575.00		18,055.68		83.52%	
363.830	ꞏ County Appraiser & Tax Coll Fee	-1,287.52		-3,247.00		1,959.48		39.65%	
363.831	ꞏ Discounts For Early Payments	-5,378.98		-6,494.00		1,115.02		82.83%	
369.401	ꞏ Interest Income	203.47		720.00		-516.53		28.26%	
369.402	ꞏ Carryover From Prior Year	0.00		7,250.00		-7,250.00		0.0%	
Total Income	36,148.39		51,008.00		-14,859.61		70.87%	
Expense									
511.131	ꞏ Supervisor Fees	1,000.00		5,000.00		-4,000.00		20.0%	
511.132	ꞏ Payroll Taxes	76.50		383.00		-306.50		19.97%	
511.310	ꞏ Engineering/Inspections	0.00		1,000.00		-1,000.00		0.0%	
511.311	ꞏ Management Fees	6,250.00		15,000.00		-8,750.00		41.67%	
511.315	ꞏ Legal Fees	1,200.00		7,000.00		-5,800.00		17.14%	
511.318	ꞏ Assessment/Tax Roll	0.00		4,000.00		-4,000.00		0.0%	
511.320	ꞏ Audit Fees	0.00		3,500.00		-3,500.00		0.0%	
511.450	ꞏ Insurance	7,769.00		7,200.00		569.00		107.9%	
511.480	ꞏ Legal Advertisements	444.34		2,200.00		-1,755.66		20.2%	
511.512	ꞏ Miscellaneous	62.65		350.00		-287.35		17.9%	
511.513	ꞏ Postage and Delivery	67.57		275.00		-207.43		24.57%	
511.514	ꞏ Office Supplies	27.70		275.00		-247.30		10.07%	
511.540	ꞏ Dues, License & Subscriptions	175.00		175.00		0.00		100.0%	
511.733	ꞏ Trustee Fees	0.00		2,550.00		-2,550.00		0.0%	
511.734	ꞏ Continuing Disclosure Fee	0.00		350.00		-350.00		0.0%	
511.750	ꞏ Website Management	729.15		1,750.00		-1,020.85		41.67%	
Total Expense	17,801.91		51,008.00		-33,206.09		34.9%	
Net Income		18,346.48		0.00		18,346.48		100.0%	

VALENCIA ACRES COMMUNITY DEVELOPMENT DISTRICT MONTHLY FINANCIAL REPORT
FEBRUARY 2026

REVENUES	
Annual Budget
10/1/25 - 9/30/26	

Actual Feb-26	Year To Date Actual
10/1/25 - 2/28/26	
O & M Assessments	45,785	0	37,825	
Debt Assessments	116,569	0	96,306	
Other Revenue	0	0	0	
Interest Income	720	0	203	
				
Total Revenues	$	163,074	$	-	$	134,334	
				
EXPENDITURES				
Supervisor Fees	5,000	0	1,000	
Payroll Taxes	383	0	76	
Engineering/Inspections	1,000	0	0	
Management	15,000	1,250	6,250	
Legal	7,000	0	1,200	
Assessment Roll	4,000	0	0	
Audit Fees	3,500	0	0	
Insurance	7,200	0	7,769	
Legal Advertisements	2,200	0	444	
Miscellaneous	350	0	63	
Postage	275	0	68	
Office Supplies	275	6	28	
Dues & Subscriptions	175	0	175	
Trustee Fee	2,550	0	0	
Continuing Disclosure Fee	350	0	0	
Website Management	1,750	146	729	
				
Total Expenditures	$	51,008	$	1,402	$	17,802	
				
Revenues Less Expenditures	$	112,066	$	(1,402)	$	116,532	
				
Bond Payments	(109,575)	0	(91,519)	
				
Balance	$	2,491	$	(1,402)	$	25,013	
				
County Appraiser & Tax Collector Fee	(3,247)	0	(1,288)	
Discounts For Early Payments	(6,494)	0	(5,379)	
				
EXCESS/ (SHORTFALL)	$	(7,250)	$	(1,402)	$	18,346	
				
Carryover From Prior Year	7,250	0	0	
				
NET EXCESS/ (SHORTFALL)	$	-	$	(1,402)	$	18,346	

Bank Balance As Of 2/28/26	$	131,179.90	
Accounts Payable As Of 2/28/26	$	11,768.36	
Accounts Receivable As Of 2/28/26	$	-	
Available Funds As Of 2/28/26	$	119,411.54	

VALENCIA ACRES CDD TAX COLLECTIONS 2025-2026

#	

ID#	

PAYMENT FROM	

DATE	

FOR	

Tax Collect Receipts	

Interest Received	

Commissions Paid	

Discount	

Net From Tax Collector	O & M Assessment Income (Before Discounts & Fee)	Debt Assessment Income (Before Discounts & Fee)	O & M Assessment Income (After Discounts & Fee)	Debt Assessment Income (After Discounts & Fee)	

Debt Assessments Paid to Trustee	
									$  162,355.00	$45,786.00	$  116,569.00	$45,786.00	$  116,569.00		
									$  152,613.00	$43,038.00	$  109,575.00	$43,038.00	$  109,575.00	$	109,575.00	
1	1	Miami-Dade Tax Collector	11/28/25	NAV Taxes	$	11,274.70		$	(108.24)	$	(451.00)	$	10,715.46	$	3,179.47	$	8,095.23	$	3,021.77	$	7,693.69	$	7,693.69	
2	2	Miami-Dade Tax Collector	12/05/25	NAV Taxes	$  108,237.12		$	(1,039.08)	$ (4,329.60)	$  102,868.44	$	30,522.87	$	77,714.25	$  29,008.89	$	73,859.55	$	73,859.55	
3	3	Miami-Dade Tax Collector	11/17/25	NAV Taxes	$	13,529.64		$	(129.88)	$	(541.20)	$	12,858.56	$	3,815.36	$	9,714.28	$	3,626.11	$	9,232.45	$	9,232.45	
4	4	Miami-Dade Tax Collector	11/25/25	NAV Taxes	$	1,089.28		$	(10.32)	$	(57.18)	$	1,021.78	$	307.18	$	782.10	$	288.15	$	733.63	$	733.63	
5									$	-					$	-	
6									$	-					$	-	
7									$	-					$	-	
8									$	-					$	-	
9									$	-					$	-	
10									$	-					$	-	
11									$	-					$	-	
12									$	-					$	-	
13									$	-					$	-	
14									$	-					$	-	
15									$	-					$	-	
16									$	-						
17									$	-						
					$  134,130.74	$	-	$	(1,287.52)	$ (5,378.98)	$  127,464.24	$	37,824.88	$	96,305.86	$  35,944.92	$	91,519.32	$	91,519.32	

Assessment Roll :	$162,355.68	Collections	Note: Top line are 2025/2026 budgeted assessments before discounts and fees.
82.62%	Bottom line are 2025/2026 budgeted assessments after discounts and fees.
O&M:	$45,786.24
Debt:		$116,569.44 
$162,355.68

$  134,130.74	
$	-	$  127,464.24	
$  (37,824.88)	$	(35,944.92)	
$  (96,305.86)	$	(91,519.32)	
$	-	$	-