Scenic Highway
Community Development District Agenda
April 15, 2025

Agenda

Scenic Highway
Community Development District

219 E. Livingston St., Orlando, Florida 32801 Phone: 407-841-5524 – Fax: 407-839-1526
April 8, 2025
Board of Supervisors Scenic Highway
Community Development District
Dear Board Members:
The regular meeting of the Board of Supervisors of the Scenic Highway Community Development District will be held Tuesday, April 15, 2025 at 10:30 AM at the Holiday Inn— Winter Haven, 200 Cypress Gardens Blvd., Winter Haven, FL 33880.
Those members of the public wishing to attend the meeting can do so using the information below:

Zoom Video Link: https://us06web.zoom.us/j/85963009019
Zoom Call-In Number:  1-646-931-3860	Meeting ID: 859 6300 9019

Board of Supervisors Meeting

Roll Call
Public Comment Period
Approval of Minutes of the March 18, 2025 Board of Supervisors Meeting
Consideration of Resolution 2025-06 Approving Fiscal Year 2026 Proposed Budget and Setting a Public Hearing to Adopt
Ratification of Proposal for Installation of Inception Controller
Staff Reports
Attorney
Engineer
Consideration of Quiddity Engineering Updated Rates
Field Manager’s Report
District Manager’s Report
Approval of Check Register
Balance Sheet and Income Statement
Other Business
Supervisors Requests
Adjournment

Minutes

MINUTES OF MEETING SCENIC HIGHWAY
COMMUNITY DEVELOPMENT DISTRICT

The regular meeting of the Board of Supervisors of the Scenic Highway Community Development District was held on Tuesday, March 18, 2025, at 10:30 a.m. at the Holiday Inn – Winter Haven, 200 Cypress Gardens Blvd., Winter Haven, Florida and by Zoom Webinar.

Present and constituting a quorum were:

Bobbie Henley	Chairman
Lindsey Roden	Vice Chairman
Kristin Cassidy	Assistant Secretary
Jessica Spencer	Assistant Secretary
Joe Braddy	Assistant Secretary

Also, present were:

Monica Virgen	District Manager, GMS
Savanah Hancock	District Counsel, Kilinski Van Wyk Meredith Hammock by Zoom	District Counsel, Kilinski Van Wyk Marshall Tindall	GMS Field Services

The following is a summary of the discussions and actions taken at the March 18, 2025 Scenic Highway Community Development District’s Regular Board of Supervisor’s Meeting.

FIRST ORDER OF BUSINESS	Roll Call
Ms. Virgen called the meeting to order and called roll. Five Board members were in attendance constituting a quorum.

SECOND ORDER OF BUSINESS	Public Comment Period
Ms. Virgen stated no members of the public were present in person or attending the meeting by Zoom.

THIRD ORDER OF BUSINESS	Approval of Minutes of the January 21,
2025 Board of Supervisors Meeting
Ms. Virgen presented the minutes from the January 21, 2025 Board of Supervisors meeting. She asked for any comments, corrections, or changes to the minutes. The Board had no changes to the minutes.

On MOTION by Ms. Henley, seconded by Ms. Roden, with all in favor, the Minutes of the January 21, 2025 Board of Supervisors Meeting, were approved.

FOURTH ORDER OF BUSINESS	Consideration of Mailbox Agreement with
Magnolia Park HOA
Ms. Virgen stated that the license agreement memorialized that the HOA was able to have the mailbox kiosk on District Property. She noted that the District owned the concrete pad on which the mailbox kiosks were placed. This allowed the HOA to have those kiosks there and ensured that they were also responsible for their maintenance.

On MOTION by Ms. Henley, seconded by Ms. Roden, with all in favor, the Mailbox Agreement with Magnolia Park HOA, was approved.

FIFTH ORDER OF BUSINESS	Presentation  of  Series  2020  Arbitrage
Rebate Report
Ms. Virgen stated that this report was required to show that the District does not earn more interest on the bonds than it pays. She added that a negative arbitrage amount is listed on page 22 of the agenda package.

On MOTION by Ms. Spencer, seconded by Ms. Henley, with all in favor, Accepting the Series 2020 Arbitrage Rebate Report, was approved.

SIXTH ORDER OF BUSINESS	Ratification of Proposal for Roof Repair
with American Roofing
Ms. Virgen noted that the District had previously approved a proposal from NPS for roof repairs from the hurricane. Ms. Virgen stated that NPS had backed out of their proposal. Ms.

Virgen added that they had obtained a proposal from American Roofing and sent it to the Chair so they could complete it. Ms. Virgen stated that the proposal was ready to be ratified by the Board.

On MOTION by Ms. Henley, seconded by Ms. Roden, with all in favor, the Proposal for Roof Repair with American Roofing, was ratified.

SEVENTH ORDER OF BUSINESS	Staff Reports
Attorney
Ms. Hancock had nothing to report except the ethics training reminder.

Engineer
Ms. Virgen noted the Engineer wasn’t present or on the line.

Field Manager’s Report
Mr. Tindall reviewed the Field Manager’s Report. He added that United was doing good. He noted that one of the boarders on the playground had pulled loose slightly. He spoke about retaining the wall and cleaning the furniture. He added that overall, the landscaping was good. The ornamental grasses were starting to flush out as Spring approached. He said the entrance beds were looking better. He also noted that the general maintenance was good. The lights had been double- checked. All entrance lights were working. No issues. He said light cleaning at the amenity area was completed. The rust and iron stains were cleaned, including the mailboxes that previously had slight orange stains. Mr. Tindall added that the routine maintenance of the storm drains was ongoing. All the fences had been repaired.
Board discussion returned to the mailbox agreement. The license property description listed there, as well as the lift station, was highlighted. The mailboxes will be to the left of the pool. Ms. Virgen asked for a motion to approve the agreement as amended with highlights to the correct license area.

On MOTION by Ms. Roden, seconded by Ms. Spencer, with all in favor, the Mailbox Agreement with Magnolia Park HOA, was approved as amended.

District Manager’s Report
Approval of Check Register
Ms. Virgen presented the check register from January 1, 2025, through March 5, 2025, totaling $552,687.30. Immediately following the summary is a detailed check register noting all checks paid by the District.

On MOTION by Ms. Henley, seconded by Ms. Spencer, with all in favor, the Check Register totaling $552,687.30 was approved.

Balance Sheet and Income Statement
Ms. Virgen presented the unaudited financials from January 1, 2025. These are for informational purposes only. She offered to answer any questions on the financials.

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

NINTH ORDER OF BUSINESS	Supervisors Requests
There being no comments, the next item followed.

TENTH ORDER OF BUSINESS	Adjournment

On MOTION by Ms. Roden, seconded by Ms. Spencer, with all in favor, the meeting was adjourned.

Secretary/Assistant Secretary	Chairman/Vice Chairman

Section IV

RESOLUTION 2025-06
A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE SCENIC HIGHWAY COMMUNITY DEVELOPMENT DISTRICT APPROVING PROPOSED BUDGETS FOR FISCAL YEAR 2026 AND SETTING A PUBLIC HEARING THEREON PURSUANT TO FLORIDA LAW; ADDRESSING TRANSMITTAL, POSTING AND PUBLICATION REQUIREMENTS; ADDRESSING SEVERABILITY; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the District Manager has heretofore prepared and submitted to the Board of Supervisors (“Board”) of the Scenic Highway Community Development District (“District”) prior to June 15, 2025, proposed budgets (“Proposed Budget”) for the fiscal year beginning October 1, 2025, and ending September 30, 2026 (“Fiscal Year 2026”); and

WHEREAS, the Board has considered the Proposed Budget and desires to set the required public hearing thereon.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE SCENIC HIGHWAY COMMUNITY DEVELOPMENT DISTRICT:
PROPOSED BUDGET APPROVED. The Proposed Budget prepared by the District Manager for Fiscal Year 2026 attached hereto as Exhibit A is hereby approved as the basis for conducting a public hearing to adopt said Proposed Budget.
SETTING A PUBLIC HEARING. A public hearing on said approved Proposed Budget is hereby declared and set for the following date, hour and location:

DATE:	July 15, 2025
HOUR:	10:30 a.m.
LOCATION:	Holiday Inn – Winter Haven
200 Cypress Gardens Boulevard Winter Haven, Florida 33880
TRANSMITTAL OF PROPOSED BUDGET TO LOCAL GENERAL
PURPOSE GOVERNMENTS. The District Manager is hereby directed to submit a copy of the Proposed Budget to Polk County at least 60 days prior to the hearing set above.
POSTING OF PROPOSED BUDGET. In accordance with Section 189.016, Florida Statutes, the District’s Secretary is further directed to post the approved Proposed Budget on the District’s website at least two days before the budget

hearing date as set forth in Section 2, and shall remain on the website for at least 45 days.

PUBLICATION OF NOTICE. Notice of this public hearing shall be published in the manner prescribed in Florida law.
SEVERABILITY. The invalidity or unenforceability of any one or more provisions of this Resolution shall not affect the validity or enforceability of the remaining portions of this Resolution, or any part thereof.
EFFECTIVE DATE. This Resolution shall take effect immediately upon adoption.

PASSED AND ADOPTED THIS 15TH DAY OF APRIL 2025.

ATTEST:	SCENIC HIGHWAY COMMUNITY DEVELOPMENT DISTRICT

By: 	
Secretary	Its: 	

Exhibit A:	Proposed Budget for Fiscal Year 2026

Scenic Highway
Community Development District

Proposed Budget
FY2026

6M3

Table of Contents

1-2

3-7

8

9-10

General Fund

General Fund Narrative

Series 2020 Debt Service Fund

Series 2020 Amortization Schedule

11	Capital Reserve Fund

Adopted Budget	Actuals Thru	Projected Next	Total Thru	Proposed Budget	
Description	FY2025	2/28/25	7 Months	9/30/25	FY2026	

Revenues						
Assessments	$	635,542	$	625,773	$	9,769	$	635,542	$	635,542	
Miscellaneous Revenue	$	-	$	2,363	$	1,182	$	3,545	$	-	
Total Revenues	$	635,542	$	628,136	$	10,951	$	639,087	$	635,542	

Expenditures						
Administrative
Supervisor Fees	
$	12,000	
$	3,600	
$	5,600	
$	9,200	
$	12,000	
FICA Expenses	$	-	$	153	$	428	$	581	$	918	
Engineering	$	13,000	$	-	$	6,500	$	6,500	$	13,000	
Attorney	$	25,000	$	8,613	$	12,500	$	21,113	$	25,000	
Annual Audit	$	3,500	$	-	$	3,500	$	3,500	$	3,300	
Assessment Administration	$	5,565	$	5,565	$	-	$	5,565	$	5,732	
Arbitrage	$	450	$	450	$	-	$	450	$	450	
Dissemination	$	5,250	$	2,188	$	3,063	$	5,250	$	5,408	
Trustee Fees	$	4,041	$	4,041	$	-	$	4,041	$	4,445	
Management Fees	$	45,000	$	18,750	$	26,250	$	45,000	$	49,500	
Information Technology	$	1,890	$	788	$	1,103	$	1,890	$	2,079	
Website Maintenance	$	1,260	$	525	$	735	$	1,260	$	1,386	
Postage & Delivery	$	1,000	$	495	$	583	$	1,078	$	1,000	
Insurance	$	6,817	$	6,631	$	-	$	6,631	$	7,626	
Copies	$	50	$	54	$	29	$	83	$	100	
Legal Advertising	$	5,000	$	1,887	$	2,917	$	4,803	$	5,000	
Other Current Charges	$	1,500	$	224	$	875	$	1,099	$	1,500	
Office Supplies	$	500	$	3	$	292	$	294	$	500	
Dues, Licenses & Subscriptions	$	175	$	175	$	-	$	175	$	175	
Total Administrative	$	131,998	$	54,140	$	64,374	$	118,514	$	139,118	

Operations & Maintenance						
Field Services
Property Insurance	
$	18,775	
$	15,400	
$	-	
$	15,400	
$	17,710	
Field Management	$	17,530	$	7,304	$	10,226	$	17,530	$	18,056	
Landscape Maintenance	$	49,536	$	19,349	$	28,896	$	48,245	$	51,023	
Landscape Replacement	$	13,000	$	9,263	$	7,583	$	16,846	$	13,000	
Right of Way Tree Inspection	$	10,625	$	2,656	$	6,195	$	8,851	$	10,625	
Right of Way Tree Replacement	$	150,000	$	25,305	$	87,500	$	112,805	$	105,000	
Streetlights	$	15,972	$	5,109	$	7,770	$	12,879	$	17,569	
Electric	$	4,646	$	1,984	$	3,332	$	5,316	$	5,111	
Sidewalk & Asphalt Maintenance	$	2,500	$	-	$	1,250	$	1,250	$	2,500	
Irrigation Repairs	$	6,000	$	345	$	3,500	$	3,845	$	6,000	
General Repairs & Maintenance	$	10,000	$	16,419	$	5,833	$	22,252	$	12,000	
Contingency	$	9,000	$	2,671	$	5,250	$	7,921	$	9,000	
Subtotal Field Services	$	307,584	$	105,804	$	167,335	$	273,140	$	267,594	

Adopted Budget	Actuals Thru	Projected Next	Total Thru	Proposed Budget	
Description	FY2025	2/28/25	7 Months	9/30/25	FY2026	

Amenity Expenditures
Amenity - Electric	

$	8,131	

$	1,764	

$	2,751	

$	4,515	

$	8,131	
Amenity - Water	$	4,646	$	1,334	$	2,450	$	3,784	$	5,111	
Playground & Furniture Lease	$	31,488	$	13,115	$	18,361	$	31,476	$	31,488	
Internet	$	1,317	$	914	$	768	$	1,682	$	1,514	
Pest Control	$	648	$	200	$	280	$	480	$	1,384	
Janitorial Service	$	9,680	$	3,705	$	5,215	$	8,920	$	9,680	
Security Services	$	38,850	$	10,394	$	22,663	$	33,057	$	40,016	
Pool Maintenance	$	23,700	$	9,850	$	13,160	$	23,010	$	24,411	
Amenity Access Management	$	10,000	$	4,167	$	5,833	$	10,000	$	10,300	
Amenity Repairs & Maintenance	$	10,000	$	5,003	$	5,833	$	10,836	$	10,000	
Contingency	$	7,500	$	4,934	$	4,375	$	9,309	$	7,500	
Subtotal Amenity Expenditures	$	145,960	$	55,380	$	81,689	$	137,070	$	149,535	
						
Total Operations & Maintenance	$	453,544	$	161,185	$	249,025	$	410,209	$	417,129	

Other Expenditures
Capital Reserves - Transfer	

$	50,000	

$	(30,359)	

$	80,000	

$	49,641	

$	79,295	
Total Other Expenditures	$	50,000	$	(30,359)	$	80,000	$	49,641	$	79,295	
						
Total Expenditures	$	635,542	$	184,966	$	393,399	$	578,364	$	635,542	
						
Excess Revenues/(Expenditures)	$	(0)	$	443,171	$	(382,448)	$	60,723	$	-	

Net Assessments	
$635,542	
Add: Discounts & Collections 7%		$47,837 	
Gross Assessments		$683,379 	
Assessable Units	368	
Per Unit Gross Assessment		$1,857.01 	
FY25 Per Unit Gross Assessment		$1,857.01 	
Increase (Decrease)		$0.00 	
% Increase		0.00% 	

Revenues:

Assessments

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

Expenditures:

Administrative:

Supervisor Fees

Chapter 190, Florida Statutes, allows for each Board member to receive $200 per meeting, not to exceed
$4,800 per year paid to each Supervisor for the time devoted to District business and meetings.

Engineering

The District's engineer, Wood & Associates, provides general engineering services to the District, e.g. attendance and preparation for monthly board meetings, review invoices and various projects as directed by the Board of Supervisors and the District Manager.

Attorney

The District's legal counsel, Kilinski|Van Wuk, PLLC, provides general legal services to the District, e.g. attendance and preparation for meetings, preparation and review of agreements, resolutions, etc. as directed by the Board of Supervisors and the District Manager.

Annual Audit

The District is required by Florida Statutes to arrange for an independent audit of its financial records on an annual basis. Dibartolomeo, McBee, Hartley & Barnes provides these services.

Assessment Administration

The District is contracted with Governmental Management Services – Central Florida, LLC to levy and administer the collection of non-ad valorem assessment on all assessable property within the District.

Arbitrage

The District will contract with an independent certified public accountant to annually calculate the District’s Arbitrage Rebate Liability on its Series 2020 bonds.

Dissemination

The District is required by the Security and Exchange Commission to comply with Rule 15c2-12(b)(5) which relates to additional reporting requirements for unrated bond issues. This cost is based upon the Series 2020 bond series. Governmental Management Services – Central Florida, LLC completes these reporting requirements.

Trustee Fees

The District will incur trustee related costs with the Series 2020 bonds.

Management Fees

The District receives Management, Accounting and Administrative services as part of a Management Agreement with Governmental Management Services-Central Florida, LLC. The services include but are not limited to, recording and transcription of board meetings, administrative services, budget preparation, all financial reports, annual audits, etc.

Information Technology

Represents various cost of information technology for the District such as video conferencing, cloud storage and servers, positive pay implementation and programming for fraud protection, accounting software, tablets for meetings, Adobe, Microsoft Office, etc. Governmental Management Services – Central Florida, LLC provides these systems.

Website Maintenance

Represents the costs associated with monitoring and maintaining the District’s website created in accordance with Chapter 189, Florida Statutes. These services include site performance assessments, security and firewall maintenance, updates, document uploads, hosting and domain renewals, website backups, etc. Governmental Management Services – Central Florida, LLC provides these services.

Postage & Delivery

The District incurs charges for mailing, overnight deliveries, correspondence, etc.

Insurance

The District’s general liability and public official’s liability insurance coverage is provided by the Florida Insurance Alliance (FIA). FIA specializes in providing insurance coverage to governmental agencies.

Copies

Printing agenda items for board meetings, printing of computerized checks, stationary, envelopes, etc.

Legal Advertising

The District is required to advertise various notices for monthly Board meetings, public hearings, etc. in a newspaper of general circulation.

Other Current Charges

Bank charges and any other miscellaneous expenses incurred during the year.

Office Supplies

Any supplies that may need to be purchased during the fiscal year, e.g., paper, minute books, file folders, labels, paper clips, etc.

Dues, Licenses & Subscriptions

The District is required to pay an annual fee to the Florida Department of Economic Opportunity for
$175. This is the only expense under this category for the District.

Operations & Maintenance:

Field Services

Property Insurance

The District’s property insurance coverage is provided by Florida Insurance Alliance (FIA). FIA specializes in providing insurance coverage to governmental agencies.

Field Management

The District is contracted with Governmental Management Services-Central Florida, LLC for onsite field management of contracts for the District such as landscape and lake maintenance. Services include onsite inspections, meetings with contractors, monitoring of utility accounts, attend Board meetings and receive and respond to property owner phone calls and emails.

Landscape Maintenance

Represents the estimated maintenance of the landscaping within the common areas of the District after the installation of landscape material has been completed. The District has contracted with Prince & Sons, Inc. to provide these services.

Description	Monthly	Annually	
Landscape Maintenance
Total	$4,252		$51,023 
$51,023	

Landscape Replacement

Represents the estimated cost of replacing landscaping within the common areas of the District.

Right of Way Tree Inspection

Represents cost associated with inspections of vegetated verge abutting residential lots in cases where property owners are failing to maintain trees in accordance with Haines City landscape ordinances. Field staff will inspect the area, photograph/document lack of maintenance, report to HOA for enforcement of recorded declarations, coordinate inspections with Haines City code compliance staff, coordinate communication with property owners, and coordinate with landscape service providers.

Right of Way Tree Replacement

Represents cost associated with tree replacements within the vegetated verge abutting residential homes in cases where residential property owners have not complied with Haines City landscape ordinances.

Streetlights

Represents the cost to maintain streetlights within the District boundaries.

Electric

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

Sidewalk & Asphalt Maintenance

Represents the estimated costs of maintaining the sidewalks and asphalt throughout the District’s Boundary.

Irrigation Repairs

Represents the cost of maintaining and repairing the irrigation system. This includes the sprinklers, and irrigation wells.

General Repairs & Maintenance

Represents estimated costs for general repairs and maintenance of the District’s common areas.

Contingency

Represents funds allocated to expenses that the District could incur throughout the fiscal year that do not fit into any field category.

Amenity Expenditures

Amenity - Electric

Represents estimated electric charges for the District’s amenity facilities.

Amenity – Water

Represents estimated water charges for the District’s amenity facilities.

Playground & Furniture Lease

Description	Monthly	Annually	
Playground & Furniture Lease
Total	$2,624		$31,488 
$31,488	

The District has entered into a leasing agreement with 83 Holdings, LLC for playground and pool furniture installed in the community.

Internet

Represents internet services used at the Amenity Center.

Pest Control

The District incurs costs for pest control treatments to its amenity facilities.

Janitorial Services

Represents the costs to provide janitorial services for the District’s amenity facilities. These services are provided by CSS Clean Star Services of Central Florida, Inc.

Description	Monthly	Annually	
Janitorial Services
Total	$807		$9,680 
$9,680	

Security Services

Represents the estimated cost of monthly security services for the District’s amenity facilities as well as maintaining security systems in place. Services are provided by Securitas.

Pool Maintenance

The district is contracted with Resort Pool Services for regular cleaning and treatments of the District’s pool.

Description	Monthly	Annually	
Pool Maintenance
Total	$2,034		$24,411 
$24,411	

Amenity Management

Amenity Management provides access card issuance through registration, proof of residency, and photo identification. The team also provides keycard troubleshooting for issues and concerns related to access control. Staff reviews security concerns and amenity policy violations via remote camera monitoring on an as-needed basis. Districts are provided electronic communication for District news and direct remote customer service through phone and email directly to the Amenity Access Team.

Amenity Repairs & Maintenance

Represents estimated costs for repairs and maintenance of the District’s amenity facilities.

Contingency

Represents funds allocated to expenses that the District could incur throughout the fiscal year that do not fit into any amenity category.

Other Expenditures:

Capital Reserves - Transfer

Funds collected and reserved for the replacement of and/or purchase of new capital improvements throughout the District.

Proposed Budget
Series 2020 Debt Service Fund

Adopted Budget	Actuals Thru	Projected Next	Total Thru	Proposed Budget	
Description	FY2025	2/28/25	7 Months	9/30/25	FY2026	

Revenues						
Special Assessments	$	459,919	$	452,900	$	7,019	$	459,919	$	459,919	
Interest	$	-	$	7,568	$	3,784	$	11,353	$	5,000	
Carry Forward Surplus	$	206,476	$	210,005	$	-	$	210,005	$	220,964	
Total Revenues	$	666,395	$	670,473	$	10,804	$	681,276	$	685,883	

Expenditures						
Interest Expense - 11/1	$	145,156	$	145,156	$	-	$	145,156	$	142,819	
Principal Expense - 5/1	$	170,000	$	-	$	170,000	$	170,000	$	175,000	
Interest Expense - 5/1	$	145,156	$	-	$	145,156	$	145,156	$	142,819	
Total Expenditures	$	460,313	$	145,156	$	315,156	$	460,313	$	460,638	
						
Excess Revenues/(Expenditures)	$	206,082	$	525,316	$	(304,353)	$	220,964	$	225,245	

Interest Expense 11/1/26	 $	139,975 
Total	$	139,975

Product	Assessable Units	Maximum Annual Debt Service	Net Assessment Per Unit	Gross Assessment Per Unit	
Single Family	368	$	459,919	$1,250	$1,344	
	368	$	459,919			

Date	Balance	Prinicpal	Interest	Total

11/01/25	$	7,470,000.00	$	-	$	142,818.75	$	457,975.00	
05/01/26	$	7,470,000.00	$	175,000.00	$	142,818.75	$	-	
11/01/26	$	7,295,000.00	$	-	$	139,975.00	$	457,793.75	
05/01/27	$	7,295,000.00	$	180,000.00	$	139,975.00	$	-	
11/01/27	$	7,115,000.00	$	-	$	137,050.00	$	457,025.00	
05/01/28	$	7,115,000.00	$	185,000.00	$	137,050.00	$	-	
11/01/28	$	6,930,000.00	$	-	$	134,043.75	$	456,093.75	
05/01/29	$	6,930,000.00	$	195,000.00	$	134,043.75	$	-	
11/01/29	$	6,735,000.00	$	-	$	130,875.00	$	459,918.75	
05/01/30	$	6,735,000.00	$	200,000.00	$	130,875.00	$	-	
11/01/30	$	6,535,000.00	$	-	$	127,625.00	$	458,500.00	
05/01/31	$	6,535,000.00	$	205,000.00	$	127,625.00	$	-	
11/01/31	$	6,330,000.00	$	-	$	123,781.25	$	456,406.25	
05/01/32	$	6,330,000.00	$	215,000.00	$	123,781.25	$	-	
11/01/32	$	6,115,000.00	$	-	$	119,750.00	$	458,531.25	
05/01/33	$	6,115,000.00	$	220,000.00	$	119,750.00	$	-	
11/01/33	$	5,895,000.00	$	-	$	115,625.00	$	455,375.00	
05/01/34	$	5,895,000.00	$	230,000.00	$	115,625.00	$	-	
11/01/34	$	5,665,000.00	$	-	$	111,312.50	$	456,937.50	
05/01/35	$	5,665,000.00	$	240,000.00	$	111,312.50	$	-	
11/01/35	$	5,425,000.00	$	-	$	106,812.50	$	458,125.00	
05/01/36	$	5,425,000.00	$	250,000.00	$	106,812.50	$	-	
11/01/36	$	5,175,000.00	$	-	$	102,125.00	$	458,937.50	
05/01/37	$	5,175,000.00	$	260,000.00	$	102,125.00	$	-	
11/01/37	$	4,915,000.00	$	-	$	97,250.00	$	459,375.00	
05/01/38	$	4,915,000.00	$	270,000.00	$	97,250.00	$	-	
11/01/38	$	4,645,000.00	$	-	$	92,187.50	$	459,437.50	
05/01/39	$	4,645,000.00	$	280,000.00	$	92,187.50	$	-	
11/01/39	$	4,365,000.00	$	-	$	86,937.50	$	459,125.00	
05/01/40	$	4,365,000.00	$	290,000.00	$	86,937.50	$	-	
11/01/40	$	4,075,000.00	$	-	$	81,500.00	$	458,437.50	
05/01/41	$	4,075,000.00	$	300,000.00	$	81,500.00	$	-	
11/01/41	$	3,775,000.00	$	-	$	75,500.00	$	457,000.00	
05/01/42	$	3,775,000.00	$	315,000.00	$	75,500.00	$	-	
11/01/42	$	3,460,000.00	$	-	$	69,200.00	$	459,700.00	
05/01/43	$	3,460,000.00	$	325,000.00	$	69,200.00	$	-	
11/01/43	$	3,135,000.00	$	-	$	62,700.00	$	456,900.00	
05/01/44	$	3,135,000.00	$	340,000.00	$	62,700.00	$	-	
11/01/44	$	2,795,000.00	$	-	$	55,900.00	$	458,600.00	
05/01/45	$	2,795,000.00	$	355,000.00	$	55,900.00	$	-	
11/01/45	$	2,440,000.00	$	-	$	48,800.00	$	459,700.00	
05/01/46	$	2,440,000.00	$	365,000.00	$	48,800.00	$	-	
11/01/46	$	2,075,000.00	$	-	$	41,500.00	$	455,300.00	

Date		Balance	Prinicpal	Interest		Total	

05/01/47	
$	
2,075,000.00	
$	380,000.00	
$	41,500.00	
$	
-	
11/01/47	$	1,695,000.00	$	-	$	33,900.00	$	455,400.00	
05/01/48	$	1,695,000.00	$	400,000.00	$	33,900.00	$	-	
11/01/48	$	1,295,000.00	$	-	$	25,900.00	$	459,800.00	
05/01/49	$	1,295,000.00	$	415,000.00	$	25,900.00	$	-	
11/01/49	$	880,000.00	$	-	$	17,600.00	$	458,500.00	
05/01/50	$	880,000.00	$	430,000.00	$	17,600.00	$	-	
11/1/50	$	450,000.00	$	-	$	9,000.00	$	456,600.00	
5/1/51	$	450,000.00	$	450,000.00	$	9,000.00	$	459,000.00	
			$	7,470,000.00	$	4,579,337.50	$	12,364,493.75	

Proposed Budget Capital Reserve Fund

Adopted Budget	Actuals Thru	Projected Next	Total Thru	Proposed Budget	
Description	FY2025	2/28/25	7 Months	9/30/25	FY2026	

Revenues						
Interest	$	-	$	2,401	$	1,201	$	3,602	$	-	
Carry Forward Surplus	$	25,880	$	256,015	$	-	$	256,015	$	291,617	
Total Revenues	$	25,880	$	258,416	$	1,201	$	259,617	$	291,617	

Expenditures						

Holiday Decorations	
$	7,500	
$	-	
$	7,500	
$	7,500	
$	7,500	
Chair Lift Replacement	$	10,500	$	-	$	10,500	$	10,500	$	-	
Total Expenditures	$	18,000	$	-	$	18,000	$	18,000	$	7,500	

Other Financing Sources/(Uses)
Transfer In/(Out)	

$	50,000	

$	(30,000)	

$	80,000	

$	50,000	

$	79,295	
Total Other Financing Sources/(Uses)	$	50,000	$	(30,000)	$	80,000	$	50,000	$	79,295	
						
Excess Revenues/(Expenditures)	$	57,880	$	228,416	$	63,201	$	291,617	$	363,412	

Section V

Docusign Envelope ID: 642A3C06-1D82-4B42-AB7A-A9CFDF991BDA

Current Demands Electrical & Security Services, In
2315 Commerce Point Drive, Suite 100 Lakeland, FL 33801
+18635834443

service@currentdemands.com		

Estimate		
ADDRESS	SHIP TO		ESTIMATE	GMS10383	
GOVERNMENTAL MANAGEMENT SERVICES	GOVERNMENTAL MANAGEMENT SERVICES		DATE	03/31/2025	
6200 LEE VISTA BLVD.	SCENIC HIGHWAY CDD				
SUITE 300	611 TANARO LN 33844				
ORLANDO, FL 32822	HAINES CITY, FL 33844				
ACTIVITY	DESCRIPTION	QTY	RATE	AMOUNT	
IR 996300NA CONTROLLER	INCEPTION CONTROLLER	1	922.75	922.75T	
994200 CONVERTER	OSDP WIEGAND CONVERTER	3	96.15	288.45T	
ACCESS/CAMERA LABOR	ACCESS/CAMERA LABOR	4	150.00	600.00	
MISCELLANEOUS MATERIALS  MISCELLANEOUS: PARTS,ZIPTIES,SCREWS ETC.	1	100.00	100.00T	
NOTE	ESTIMATE TO REMOVE EXISITING CDVI CONTROLLER AND REPLACE WITH NEW INCEPTION SYSTEM, REUSING ALL OTHER EXISITNG EQUIPMENT.	1	0.00	0.00T	

Contact Current Demands Electrical & Security Services, Inc. to pay.	SUBTOTAL			
1,911.20	
TAX			0.00	

TOTAL			$1,911.20	

Accepted By Accepted Date

2025-04-07

Bobbie Henley, Chairman

Page 1 of 1

Section VI

Section B

ASSIGNMENT OF AGREEMENT
FOR PROFESSIONAL ENGINEERING SERVICES

THIS ASSIGNMENT ("Assignment") is made and entered into this 		day of
	 20_by and between WOOD & ASSOCIATES ENGINEERING, LLC, a Florida limited liability company, with a mailing address of 1925 Bartow Road, Lakeland, FL 33801 ("Assignor"); QUIDDITY ENGINEERING, LLC, a Texas corporation authorized to do business in Florida, with a mailing address of 6330 West Loop S Ste 150, Bellaire, TX 77401 ("Assignee"); and SCENIC HIGHWAY COMMUNITY DEVELOPMENT DISTRICT, a
local unit of special-purpose government established pursuant to Chapter 190, Florida Statutes, located in Polk County, Florida, with a mailing address of219 E. Livingston St., Orlando, Florida 32801 ("District").

RECITALS

WHEREAS, Assignor and the District previously entered into that certain Agreement between the Scenic Highway Community Development District and Wood & Associates Engineering, LLC.for Professional Engineering Services, dated June 14, 2019 (the "Agreement"); and
WHEREAS, Assignor and the District hereby recognize and agree that the Assignor's rights and obligations under the Agreement may be assigned pursuant to Article 21 of the Agreement upon written consent; and
WHEREAS, Assignor desires to assign all of its rights and obligations under the Agreement to Assignee, Assignee desires to accept such assignment, and the District desires to express that it agrees with and has no objection to such assignment.
NOW, THEREFORE, based upon good and valuable consideration and the mutual consent of all parties, the District, Assignee, and Assignor agree as follows:
INCORPORATION OF RECITALS. The Recitals stated above are true and correct and are incorporated herein as a material part of this Assignment.
ASSIGNMENT. The Assignor hereby assigns all rights, duties, and obligations uuder the Agreement to the Assignee, and Assignee hereby accepts said assignment. Upon execution of this Assignment, all work perfonned by the Assignor shall cease and all work authorizations issued to the Assignor shall terminate, provided that the District shall compensate the Assignor for services provided up to the date of Assignment. Services to be performed by the Assignee shall be authorized by separate work authorization.
DISTRICT CONSENT TO ASSIGNMENT OF THE AGREEMENT. The District consents
to Assignor's assignment of the Agreement to Assignee on the condition that the District receive new insurance certificates naming the District, its officers, supervisors, agents, staff, and representatives as additional insured. No certificate shall be acceptable to the District unless it provides that any change or termination

within the policy periods of the insurance coverage, as certified, shall not be effective within thirty (30) days of prior written notice to the District.
NOTICES. Upon this Assignment, notices pursuant to the Agreement shall be in writing and shall be delivered to the Parties as follows:

If to the District:

With a copy to:

If to Assignee:

Scenic Highway Community Development District 219 E. Livingston St.
Orlando, Florida 3280 I Attention: District Manager
Kilinski I Van Wyk PLLC 517 E. College Avenue Tallahassee, Florida 32301 Attention: District Counsel

Quiddity Engineering, LLC 6330 West Loop S Ste 150
Bellaire, TX 77401 Attention: Tobin Synatschk

E-VERIFY. Assignee shall comply with and perfonn all applicable provisions of Section 448.095, Florida Statutes. Accordingly, to the extent required by Florida Statute, Assignee shall register with and use the United States Department of Homeland Security's E-Verify system to verify the work authorization status of all newly hired employees and shall comply with all requirements of Section 448.095, Florida Statutes, as to the use of subcontractors. The District may terminate the Agreement immediately for cause if there is a good faith belief that the Assignee has knowingly violated Section 448.091, Florida Statutes. By entering into this Assignment, the Assignee represents that no public employer has terminated a contract with the Assignee under Section 448.095(5)(c), Florida Statutes, within the year immediately preceding the date of this Assignment.
ANTI-HUMAN TRAFFICKING. Assignee certifies, by acceptance of this Assignment, that neither it nor its principals utilize coercion for labor or services as defined in Section 787.06, Florida Statutes. Assignee agrees to execute an affidavit in compliance with Section 787.06(13), Florida Statutes, and acknowledges that if Assignee refuses to sign said affidavit, the District may terminate the Agreement immediately.
COUNTERPARTS. This Assignment may be executed in any number of counterparts, each of which when executed and delivered shall be an original; however, all such counterparts together shall constitute but one and the same instrument. Signature and acknowledgment pages, if any, may be detached from the counterpaits and attached to a single copy of this document to physically form one document.

IN WITNESS WHEREOF, the Parties have executed this Assignment effective as of the date set f01th above.
District: Scenic Highway Community Development District

By:	­
Its: 	

Assignor: Wood & Associates Engineering, LLC
By	T2.. BAb\N.olJ, l,e,
lts:	Pa.es117c:-u T
y Engineering, LLC

By: Tobin Synatsc
lts: Chief Operations Officer

SCHEDULE OF HOURLY RATES
Effective August 2024 - Subject to Revision
 ENGINEERING PERSONNEL		 PLANNING PERSONNEL	
Graduate Engineer I	$130	Planner I	$110
Graduate Engineer II	$155	Planner II	$150
Professional Engineer I	$185	Planner III	$190
Professional Engineer II	$210	Planner IV	$265
Professional Engineer III	$240
Professional Engineer IV	$270	 DESIGNER/DRAFTING PERSONNEL	
Professional Engineer V	$290	CAD Operator I	$ 85
Professional Engineer VI	$310	CAD Operator II	$105
CAD Operator III	$125
 ELECTRICAL ENGINEERING PERSONNEL		Designer I	$140
Electrical Graduate Engineer I	$140	Designer II	$155
Electrical Graduate Engineer II	$165	Designer III	$175
Electrical Professional Engineer I	$200	GIS I	$100
Electrical Professional Engineer II	$225	GIS II	$135
Electrical Professional Engineer III	$255	GIS III	$165
Electrical Professional Engineer IV	$285	GIS IV	$225 Electrical Professional Engineer V	$305
 SURVEYING PERSONNEL	

STRUCTURAL ENGINEERING PERSONNEL		1-Person Field Crew	$155	
Structural Graduate Engineer I	$135	2-Person Field Crew	$205	
Structural Graduate Engineer II	$160	3-Person Field Crew	$250	
Structural Professional Engineer I	$190	4-Person Field Crew	$285	
Structural Professional Engineer II	$215	Scanner Equipment	$110	
Structural Professional Engineer III	$245	Survey Technician I	$105	
Structural Professional Engineer IV	$275	Survey Technician II	$115	
Structural Professional Engineer V	$295	Project Surveyor I	$115	
		Project Surveyor II	$135	
 CONSTRUCTION PERSONNEL		Project Surveyor III	$155	
Construction Manager I	$135	Project Surveyor IV	$190	
Construction Manager II	$155	Chief of Survey Crews	$160	
Construction Manager III	$180	Certified Photogrammetrist	$190	
Construction Manager IV	$200	Remote Pilot I	$110	
Construction Manager V	$240	Remote Pilot II	$140	
Field Project Representative I	$ 85	Remote Pilot III	$180	
Field Project Representative II	$105	Visual Observer	$105	
Field Project Representative III	$125	LiDAR Tech	$115	
Specialist Field Project Representative I	$140	Aerial Tech	$100	
Specialist Field Project Representative II	$150	Registered Professional Land Surveyor	$215	
Senior Specialist Field Project Representative	$165	Survey Manager	$250	

 SPECIALIST		 OFFICE PERSONNEL	
Specialist I	$125	Engineer’s Assistant I	$ 80
Specialist II	$155	Engineer’s Assistant II	$ 90
Specialist III	$190	Engineer’s Assistant III	$100
Specialist IV	$225	Admin I	$ 80
Specialist V	$260	Admin II	$100
Admin III	$130
Project Admin/Accountant	$140

SCHEDULE OF REIMBURSABLE EXPENSES
Effective August 2024 - Subject to Revision

Reproduction performed in office
	Size		Black & White		 Color	 8½ x 11 (single-sided)			$0.05/page	$ 0.50/page
8½ x 11 (double-sided)	$0.15/page	$ 1.00/page
8½ x 14	$0.15/page	$ 0.75/page
11 x 17	$0.20/page	$ 1.00/page

Large Document Prints/Plots Bond
Photographic Bond Mylar (4 mil)

Black & White
$0.20/sq ft
$4.00/sq ft
$2.00/sq ft

  Color	
$ 1.00/sq ft
$ 5.00/sq ft
$ 8.00/sq ft

Aerial Backgrounds
All sizes	$5.50/sheet (plus above sq. ft. cost)

Transportation (mileage):	Standard IRS mileage rate in effect
Subcontracts and all other outside expenses and fees: Cost, plus 10% service charge
Deliveries, abstracting services, outside reproduction costs, and other reimbursable expenses charged at cost, plus 10%
Surveying Expenses
Crew Rates: Includes time charged portal to portal and the first 120 miles of transportation and standard survey equipment
Special Rental Equipment: Cost, plus 10%
Stakes: Cost, plus 10% service charge when an excessive number of wooden stakes or any special stakes are required
Iron Rods and Pipes: Cost, plus 10%
All-Terrain Vehicle (ATV): $175/day
Overnight Stays: $200/night
Overtime Rates: Jobs requiring work on weekends or holidays billed at 1.5 times the standard rate
Sales Tax: To be paid on boundary-related services.
Abstracting services, and other reimbursable expenses charged at cost, plus 10%

Section C

to be provided under separate cover

Section D

Section 1

Scenic Highway Community Development District

Summary of Check Register

March 6, 2025 to April 2, 2025

Fund	Date	Check No.'s	Amount

General Fund	
3/6/25	
639-641	
$	
5,126.41	
	3/13/25	642-644	$	9,446.50	
	3/20/25	645-649	$	12,999.36	
	3/24/25	650-651	$	355,000.00	
	3/26/25	652	$	1,822.08	
3/27/25	653	 $	306.00 	
		 $	384,700.35 	
	March Supervisors				
Kristin Cassidy	50005	$	184.70	
Bobbly Henley	50006	$	184.70	
Joe D. Braddy	50007	$	184.70	
Lindsey Roden	50008	$	184.70	
Jessica Spence	50009	 $	184.70 	
		 $	923.50 	
	Total Amount	$	385,623.85	

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	4/07/25	PAGE	1
*** CHECK DATES 03/06/2025 - 04/02/2025 ***	SCENIC HIGHWAY GENERAL FUND
BANK A SCENIC HIGHWAY CDD
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
3/06/25 00066	2/20/25 300-1	202502 330-57200-49000	*	685.00
MILTON-AMENITY ROOF REPAI
AMERICAN ROOFING FL, LLC	685.00 000639
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/06/25 00024	2/27/25 11502	202501 310-51300-31500	*	1,818.41
GENERAL COUNSEL JAN25
KILINSKI VAN WYK	PLLC	1,818.41 000640
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/06/25 00039	3/05/25 03052025 202503 300-15500-10000	*	2,623.00
PLAYGRND/FUR LEASE APR25
83 HOLDINGS	LLC	2,623.00 000641
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/13/25 00041	2/27/25 14418	202502 330-57200-48200	*	725.00
CLEANING SVCS FEB25
CSS CLEAN STAR SERVICES CENTRAL FL	725.00 000642
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/13/25 00002	3/01/25 168	202503 310-51300-34000	*	3,750.00
MANAGEMENT FEES MAR25
3/01/25 168	202503 310-51300-35200	*	105.00
WEBSITE ADMIN MAR25
3/01/25 168	202503 310-51300-35100	*	157.50

	3/01/25	
	3/01/25	
	3/01/25	
	3/01/25	
	3/01/25	
	3/01/25	

INFORMATION TECH MAR25
168	202503 310-51300-31300	*	437.50
DISSEMINATION SVCS MAR25
168	202503 330-57200-48300	*	833.33
AMENITY ACCESS MAR25
168	202503 310-51300-51000	*	.15
OFFICE SUPPLIES MAR25
168	202503 310-51300-42000	*	86.09
POSTAGE MAR25
168	202503 310-51300-42500	*	11.10
COPIES MAR25
169	202503 320-53800-34000	*	1,460.83
FIELD MANAGEMENT MAR25
GOVERNMENTAL MANAGEMENT SERVICES-CF	6,841.50 000643
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/13/25 00050	3/01/25 26584	202503 330-57200-48500	*	1,880.00
POOL MAINTENANCE MAR25
MCDONNELL CORPORATION DBA RESORT	1,880.00 000644
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/20/25 00046	3/10/25 111914	202503 330-57200-34500	*	290.00
SECURITY SVCS MAR25
3/10/25 21508	202503 330-57200-34500	*	280.00
SECURITY SVCS MAR25
CURRENT DEMANDS ELECTRICAL &	570.00 000645
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
SCEN SCENIC HIGHWAY CWRIGHT

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	4/07/25	PAGE	2
*** CHECK DATES 03/06/2025 - 04/02/2025 ***	SCENIC HIGHWAY GENERAL FUND
BANK A SCENIC HIGHWAY CDD
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
3/20/25 00002	1/31/25 171	202501 320-53800-48000	*	414.46
GENERAL MAINTENANCE JAN25
3/01/25 170	202503 320-53800-46400	*	885.42
ROW TREE INSPECTNS MAR25
GOVERNMENTAL MANAGEMENT SERVICES-CF	1,299.88 000646
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/20/25 00024	3/18/25 11761	202502 310-51300-31500	*	109.00
GENERAL COUNSEL FEB25
KILINSKI VAN WYK	PLLC	109.00 000647
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/20/25 00027	3/01/25 16686	202503 320-53800-46200	*	2,836.66
LANDSCAPE MAINT MAR25
3/11/25 16863	202503 320-53800-46200	*	5,165.36
ADJ LANDS MAINT DEC-MAR
PRINCE & SONS INC.	8,002.02 000648
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/20/25 00031	3/20/25 03202025 202503 300-20700-10000	*	3,018.46
ASSESS TRANSFER S2020
SCENIC HIGHWAY CDD C/O USBANK	3,018.46 000649
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/24/25 00067	3/24/25 03242025 202503 300-15100-10000	*	305,000.00

	STATE BOARD OF	ADMINISTRATION C/O								305,000.00	000650	
- - - - - - - -	- - - - - - - - - - - - - - - - - - - - - - - - - -	- - - - - - - - - -	-	-	- -	-	-	-	-	- - - - - - - - - - -	- - -	
3/24/25 00067	3/24/25 03242025 202503 300-58100-10000				*					50,000.00		
	FY25 CAP RESRV TXFER											
	STATE BOARD OF	ADMINISTRATION C/O								50,000.00	000651	
- - - - - - - -	- - - - - - - - - - - - - - - - - - - - - - - - - -	- - - - - - - - - -	-	-	- -	-	-	-	-	- - - - - - - - - - -	- - -	
3/26/25 00051	2/28/25 12077933 202502 330-57200-34500				*					1,822.08		

GF EXCESS TRANSFER

SECURITY SVCS FEB25

SECURITAS SECURITY	1,822.08 000652

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/27/25 00068	3/26/25 03262025 202503 300-21700-10000	*	306.00
IRS TAX PAYMENT 03/26/25
UNITED STATES TREASURY	306.00 000653
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
TOTAL FOR BANK A	384,700.35
TOTAL FOR REGISTER	384,700.35

SCEN SCENIC HIGHWAY CWRIGHT

Section 2

Scenic Highway
Community Development District

Unaudited Financial Reporting
February 28, 2025

Table of Contents

1		Balance Sheet	

2-3	
	General Fund	

4	
	Debt Service Fund Series 2020	

5	
	Capital Projects Fund Series 2020	

6	
	Capital Reserve Fund	

7-8	
	Month to Month	

9	
	Long Term Debt Report	

10	
	Assessment Receipt Schedule	

Scenic Highway
Community Development District Combined Balance Sheet February 28, 2025

General Fund

Debt Service Fund

Capital Projects Fund

Capital Reserve Fund

Totals Governmental Funds

Assets:
Cash:		
Operating Account	$	514,003	$	-	$	-		$	-	$	514,003	
Capital Reserve Account	$	-
Investments:	$	-	$	-		$	26,446	$	26,446	
Series 2020
Reserve	$	-	
$	229,959	
$	-		
$	-	
$	229,959	
Revenue	$	-	$	525,316	$	-		$	-	$	525,316	
Construction - Phase 1 & 2	$	-	$	-	$	4	$	-	$	4	
Construction - Phase 3	$	-	$	-	$	1	$	-	$	1	
SBA Capital Reserves Account	$	-	$	-	$	-		$	201,970	$	201,970	
Prepaid Expenses	$	3,633	$	-	$	-		$	-	$	3,633	
Total Assets	$	517,636	$	755,275	$	4	$	228,416	$	1,501,332	
Liabilities:
Accounts Payable	$	5,880	
$	-	
$	-		
$	-	
$	5,880	
Total Liabilites	$	5,880	$	-	$	-		$	-	$	5,880	
Fund Balance:
Nonspendable:
Prepaid Items	$	3,633 Restricted for:	

$	-	

$	-		

$	-	

$	3,633	
Debt Service - Series 2020	$	-	$	755,275	$	-		$	-	$	755,275	
Capital Projects - Series 2020	$	-	$	-	$	4	$	-	$	4	
Assigned for:		
Capital Reserves	$	-	$	-	$	-	$	228,416	$	228,416	
Unassigned	$	508,123	$	-	$	-		$	-	$	508,123	
Total Fund Balances	$	511,756	$	755,275	$	4	$	228,416	$	1,495,452	
							
Total Liabilities & Fund Balance	$	517,636	$	755,275	$	4	$	228,416	$	1,501,332	

Revenues:

Assessments - Tax Roll	$	635,542	$	625,773	$	625,773	$	-	
Miscellaneous Revenue	$	-	$	-	$	2,363	$	2,363	
Total Revenues	$	635,542	$	625,773	$	628,136	$	2,363	

Expenditures:					
General & Administrative:					
Supervisor Fees	$	12,000	$	5,000	$	3,600	$	1,400	
FICA Expense	$	-	$	-	$	153	$	(153)	
Engineering	$	13,000	$	5,417	$	-	$	5,417	
Attorney	$	25,000	$	10,417	$	8,613	$	1,804	
Annual Audit	$	3,500	$	-	$	-	$	-	
Assessment Administration	$	5,565	$	5,565	$	5,565	$	-	
Arbitrage	$	450	$	450	$	450	$	-	
Dissemination	$	5,250	$	2,188	$	2,188	$	-	
Trustee Fees	$	4,041	$	4,041	$	4,041	$	-	
Management Fees	$	45,000	$	18,750	$	18,750	$	-	
Information Technology	$	1,890	$	788	$	788	$	-	
Website Maintenance	$	1,260	$	525	$	525	$	-	
Postage & Delivery	$	1,000	$	417	$	495	$	(78)	
Insurance	$	6,817	$	6,817	$	6,631	$	186	
Printing and Binding	$	50	$	21	$	54	$	(33)	
Legal Advertising	$	5,000	$	1,887	$	1,887	$	-	
Other Current Charges	$	1,500	$	625	$	224	$	401	
Office Supplies	$	500	$	208	$	3	$	206	
Dues, Licenses & Subscriptions	$	175	$	175	$	175	$	-	
Total General & Administrative	$	131,998	$	63,289	$	54,140	$	9,149	

Operations & Maintenance		
Field Expenditures
Property Insurance	

$	18,775	

$	18,775	

$	15,400	

$	3,375	
Field Management	$	17,530	$	7,304	$	7,304	$	(0)	
Landscape Maintenance	$	49,536	$	20,640	$	19,349	$	1,291	
Landscape Replacement	$	13,000	$	5,417	$	9,263	$	(3,846)	
Right of Way Tree Inspections	$	10,625	$	4,427	$	2,656	$	1,771	
Right of Way Tree Replacement	$	150,000	$	62,500	$	25,305	$	37,195	
Streetlights	$	15,972	$	6,655	$	5,109	$	1,546	
Electric	$	4,646	$	1,936	$	1,984	$	(48)	
Sidewalk & Asphalt Maintenance	$	2,500	$	1,042	$	-	$	1,042	
Irrigation Repairs	$	6,000	$	2,500	$	345	$	2,155	
General Repairs & Maintenance	$	10,000	$	4,167	$	16,419	$	(12,252)	
Contingency	$	9,000	$	3,750	$	2,671	$	1,079	
Subtotal Field Expenditures	$	307,584	$	139,112	$	105,804	$	33,308	

Amenity Expenditures
Amenity - Electric	

$	8,131	

$	3,388	

$	1,764	

$	1,624	
Amenity - Water	$	4,646	$	1,936	$	1,334	$	602	
Playground Lease	$	31,488	$	13,120	$	13,115	$	5	
Internet	$	1,317	$	549	$	914	$	(365)	
Pest Control	$	648	$	270	$	200	$	70	
Janitorial Service	$	9,680	$	4,033	$	3,705	$	328	
Security Services	$	38,850	$	16,188	$	10,394	$	5,793	
Pool Maintenance	$	23,700	$	9,875	$	9,850	$	25	
Amenity Access Management	$	10,000	$	4,167	$	4,167	$	0	
Amenity Repairs & Maintenance	$	10,000	$	4,167	$	5,003	$	(836)	
Contingency	$	7,500	$	3,125	$	4,934	$	(1,809)	
Subtotal Amenity Expenditures	$	145,960	$	60,817	$	55,380	$	5,436	
					
Total Operations & Maintenance	$	453,544	$	199,929	$	161,185	$	38,744	
					
Total Expenditures	$	585,542	$	263,217	$	215,325	$	47,893	
					
Excess (Deficiency) of Revenues over Expenditures	$	50,000		$	412,812		

Other Financing Sources/(Uses):					
Transfer In/(Out)	$	(50,000)	$	-	$	30,359	$	30,359	
Total Other Financing Sources/(Uses)	$	(50,000)	$	-	$	30,359	$	30,359	
					
Net Change in Fund Balance	$	-		$	443,171		
					
Fund Balance - Beginning	$	-		$	68,586		
					
Fund Balance - Ending	$	-		$	511,756		

Revenues:					
Assessments - Tax Roll	$	459,919	$	452,900	$	452,900	$	-	
Interest	$	-	$	-	$	7,568	$	7,568	
Total Revenues	$	459,919	$	452,900	$	460,468	$	7,568	

Expenditures:					
Interest - 11/1	$	145,156	$	145,156	$	145,156	$	-	
Principal - 5/1	$	170,000	$	-	$	-	$	-	
Interest - 5/1	$	145,156	$	-	$	-	$	-	
Total Expenditures	$	460,313	$	145,156	$	145,156	$	-	
					
Excess (Deficiency) of Revenues over Expenditures	$	(394)		$	315,312		
					
Fund Balance - Beginning	$	206,476		$	439,964		
					
Fund Balance - Ending	$	206,082		$	755,275		

Revenues

Interest	

$	

-	$	

-	$	-	

$	-	
Total Revenues	$	-	$	-	$	0	$	0	

Expenditures:

Miscellaneous	

$	

-	$	

-	$	40	

$	(40)	
Total Expenditures	$	-	$	-	$	40	$	(40)	
					
Excess (Deficiency) of Revenues over Expenditures	$	-	$	(40)		

Other Financing Sources/(Uses)

Transfer In/(Out)	

$	

-	$	

-	$	(359)	

$	(359)	
Total Other Financing Sources (Uses)	$	-	$	-	$	(359)	$	(359)	
					
Net Change in Fund Balance	$	-	$	(399)		
					
Fund Balance - Beginning	$	-	$	403		
					
Fund Balance - Ending	$	-	$	4		

Revenues		
Interest	$	-	$	-	$	2,401	$	2,401	
Total Revenues	$	-	$	-	$	2,401	$	2,401	

Expenditures:					
Holiday Decorations	$	7,500	$	3,125	$	-	$	3,125	
Chair Lift Replacement	$	10,500	$	4,375	$	-	$	4,375	
Total Expenditures	$	-	$	-	$	-	$	-	
					
Excess (Deficiency) of Revenues over Expenditures	$	-	$	-	$	2,401	$	2,401	

Other Financing Sources/(Uses)					
Transfer In/(Out)	$	50,000	$	-	$	(30,000)	$	(30,000)	
Total Other Financing Sources (Uses)	$	50,000	$	-	$	(30,000)	$	(30,000)	
					
Net Change in Fund Balance	$	50,000		$	(27,599)		
					
Fund Balance - Beginning	$	25,880		$	256,015		
					
Fund Balance - Ending	$	75,880		$	228,416		

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

Revenues:

Assessments - Tax Roll	$	-	$	21,914	$	591,800	$	9,303	$	2,757	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	625,773	
Total Revenues	$	-	$	21,914	$	591,800	$	11,075	$	3,348	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	628,136	

Expenditures:							
General & Administrative:							
Supervisor Fees	$	800	$	800	$	-	$	-	$	2,000	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	3,600	
FICA Expense	$	-	$	-	$	-	$	-	$	153	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	153	
Engineering	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-	
Attorney	$	1,727	$	1,475	$	3,484	$	1,818	$	109	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	8,613	
Annual Audit	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-	
Assessment Administration	$	5,565	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	5,565	
Arbitrage	$	-	$	-	$	-	$	-	$	450	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	450	
Dissemination	$	438	$	438	$	438	$	438	$	438	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	2,188	
Trustee Fees	$	1,010	$	-	$	-	$	3,030	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	4,041	
Management Fees	$	3,750	$	3,750	$	3,750	$	3,750	$	3,750	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	18,750	
Information Technology	$	158	$	158	$	158	$	158	$	158	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	788	
Website Maintenance	$	105	$	105	$	105	$	105	$	105	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	525	
Postage & Delivery	$	9	$	38	$	72	$	327	$	48	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	495	
Insurance	$	6,631	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	6,631	
Printing and Binding	$	-	$	-	$	53	$	-	$	1	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	54	
Legal Advertising	$	636	$	1,250	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	1,887	
Other Current Charges	$	41	$	41	$	56	$	42	$	44	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	224	
Office Supplies	$	0	$	1	$	0	$	1	$	1	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	3	
Dues, Licenses & Subscriptions	$	175	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	175	
Total General & Administrative	$	21,045	$	8,055	$	8,115	$	9,669	$	7,257	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	54,140	

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

Operations & Maintenance

Field Expenditures Property Insurance Field Management Landscape Maintenance Landscape Replacement
Right of Way Tree Inspections Right of Way Tree Replacement Streetlights
Electric
Sidewalk & Asphalt Maintenance Irrigation Repairs
General Repairs & Maintenance Contingency
Pool Permit

$	15,400  $
$	1,461  $
$	2,837  $
$	6,933  $
$	-  $
$	-  $
$	1,089  $
$	370  $
$	-  $
$	-  $
$	1,505  $
$	885  $
$	-  $

-  $
1,461  $
2,837  $
1,730  $
-  $
25,305  $
1,089  $
342  $
-  $
218  $
1,349  $
1,785  $
-  $

-  $
1,461  $
2,837  $
-  $
885  $
-  $
1,089  $
379  $
-  $
-  $
1,100  $
-  $
-  $

-  $
1,461  $
2,837  $
-  $
885  $
-  $
731  $
417  $
-  $
-  $
12,464  $
-  $
-  $

-  $
1,461  $
8,002  $
600  $
885  $
-  $
1,110  $
476  $
-  $
127  $
-  $
-  $
-  $

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

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

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

-  $	15,400
-  $	7,304
-  $	19,349
-  $	9,263
-  $	2,656
-  $	25,305
-  $	5,109
-  $	1,984
-  $	-
-  $	345
-  $	16,419
-  $	2,671
-  $	-

Subtotal Field Expenditures	$	30,480  $	36,116  $	7,752  $	18,795  $	12,661  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	105,804

Amenity Expenditures Amenity - Electric Amenity - Water Playground Lease Internet
Pest Control Janitorial Service Security Services Pool Maintenance
Amenity Access Management Amenity Repairs & Maintenance Contingency

$	349  $
$	347  $
$	2,623  $
$	113  $
$	40  $
$	745  $
$	2,110  $
$	2,330  $
$	833  $
$	2,565  $
$	-  $

367  $
317  $
2,623  $
113  $
40  $
745  $
2,591  $
1,880  $
833  $
2,438  $
-  $

285  $
320  $
2,623  $
113  $
40  $
745  $
2,050  $
1,880  $
833  $
-  $
-  $

371  $
-  $
2,623  $
453  $
40  $
745  $
1,822  $
1,880  $
833  $
-  $
4,249  $

393  $
350  $
2,623  $
120  $
40  $
725  $
1,822  $
1,880  $
833  $
-  $
685  $

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

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

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

-  $	1,764
-  $	1,334
-  $	13,115
-  $	914
-  $	200
-  $	3,705
-  $	10,394
-  $	9,850
-  $	4,167
-  $	5,003
-  $	4,934

Other Financing Sources/Uses:

Transfer In/(Out)

$

-  $

30,359  $

-  $

-  $

-  $

-  $

-  $

-  $

-  $

-  $

-  $

-  $

30,359

Net Change in Fund Balance	$	(63,581)  $	(3,845) $	567,044  $	(30,405)  $	(26,042)  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	443,171

Total Other Financing Sources/Uses	$	-  $	30,359  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	30,359

Excess (Deficiency) of Revenues over Expenditures	$	(63,581)  $	(34,204)  $	567,044  $	(30,405)  $	(26,042)  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	412,812

Total Expenditures	$	63,581  $	56,118  $	24,756  $	41,480  $	29,389  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	215,325

Total Operations & Maintenance	$	42,536  $	48,063  $	16,641  $	31,812  $	22,133  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	161,185

Subtotal Amenity Expenditures	$	12,056  $	11,948  $	8,889  $	13,016  $	9,471  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	55,380

Scenic Highway
Community Development District Long Term Debt Report

Series 2020, Special Assessment Revenue Bonds	
Interest Rate	2.750%, 3.250%, 3.750%, 4.000%	
Maturity Date	5/1/2051	
Reserve Fund Definition	50% Maximum Annual Debt Service	
Reserve Fund Requirement	$229,959	
Reserve Fund Balance	$229,959	
Bonds Outstanding - 12/21/20	$8,120,000	
Less: Principal Payment 5/1/22	($155,000)	
Less: Principal Payment 5/1/23	($160,000)	
Less: Principal Payment 5/1/24	($165,000)	
Current Bonds Outstanding	$7,640,000	

Scenic Highway
COMMUNITY DEVELOPMENT DISTRICT
Special Assessment Receipts Fiscal Year 2025

ON ROLL ASSESSMENTS

Gross Assessments	$  683,379.68	$	494,592.00	$  1,177,971.68	
Net Assessments	$  635,543.10	$	459,970.56	$  1,095,513.66	
							
58%	
42%		
100%	
Date	Distribution	Gross Amount	Discount/Penalty	Commission	Interest	Net Receipts	General Fund	2020 Debt Service	Total		

11/13/24	10/21/24	$	1,474.30	$	(77.41)  $	(27.94)  $	-	$	1,368.95	$	794.17	$	574.78	$	1,368.95	
11/15/24	10/01-10/31/24	$	6,402.02	$	(256.12)  $	(122.92)  $	-	$	6,022.98	$	3,494.13	$	2,528.85	$	6,022.98	
11/19/24	11/01-11/07/24	$	35,211.11	$	(1,408.45)  $	(676.05)  $	-	$	33,126.61	$	19,217.82	$	13,908.79	$	33,126.61	
11/21/24	1% Adj	$	(11,779.72)  $	-	$	-	$	-	$  (11,779.72)	$	(6,833.80)	$	(4,945.92)	$	(11,779.72)	
11/26/24	11/18-11/15/24	$	9,603.03	$	(384.11)  $	(184.38)  $	-	$	9,034.54	$	5,241.23	$	3,793.31	$	9,034.54	
12/6/24	11/26-11/26/24	$	200,665.83	$	(7,938.61)  $	(3,854.54)  $	-	$  188,872.68	$  109,571.18	$	79,301.50	$	188,872.68	
12/20/24	11/27-11/30/24	$	857,870.68	$	(34,314.90)  $  (16,471.12)  $	-	$  807,084.66	$  468,216.06	$	338,868.60	$	807,084.66	
12/27/24	12/1-12/15/24	$	25,608.08	$	(960.32)  $	(492.96)  $	-	$	24,154.80	$	14,012.99	$	10,141.81	$	24,154.80	
1/10/25	12/16-12/31/24	$	16,868.41	$	(506.00)  $	(327.25)  $	-	$	16,035.16	$	9,302.52	$	6,732.64	$	16,035.16	
2/3/25	10/1-12/31/24	$	-	$	-	$	-	$	1,677.80	$	1,677.80	$	973.35	$	704.45	$	1,677.80	
2/10/25	1/1-1/31/25	$	3,201.01	$	(64.02)	$	(62.74)	$	-	$	3,074.25	$	1,783.47	$	1,290.78	$	3,074.25	
Total	$	1,145,124.75	$	(45,909.94)	$	(22,219.90)	$	1,677.80	$ 1,078,672.71	$	625,773.12	$	452,899.59	$	1,078,672.71	

98.46%
$	16,840.95

Net Percent Collected
Balance Remaining to Collect