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Village Community Development District No. 4

Friday, February 13, 2026 · Community development district meeting record

The 30-second read

Recorded outcome

Village Community Development District No. 4

Why it matters

The official meeting record is available below. Item-level plain-language summaries are not available yet.

What happens next

No later meeting or follow-up date is stated in the reviewed record.

An official outcome record and a transcript or captions are published for this meeting.

People and votes

Cary Sternberg

5 recorded votes

  1. Recorded vote

    The Board approved the Minutes for the Meeting held on January 9, 2026 - Voted yes; the record reports passed.

    Official record
  2. Recorded vote

    The Board accepted the Village Community Development District No. 4 Audit Report for Fiscal Year 2024/2025 - Voted yes; the record reports passed.

    Official record
  3. Recorded vote

    The Board approved the updating rebalancing of the Village Community Development District No. 4 portfolio, as presented - Voted yes; the record reports passed.

    Official record
  4. Recorded vote

    The Board approved the Community Standards Temporary Enforcement Suspension Plan - Voted yes; the record reports passed.

    Official record
  5. Recorded voteItem Adjourn

    The Board adjourned the meeting - Voted yes; the record reports passed.

    Official record

Listen to the meeting The recording is not indexed to individual votes.

10 recorded votes0 split

Split votes (0)

Every recorded vote passed unanimously.

Unanimous votes (10)

Voting yes on all of these (5)

Cliff Wieneryes
Mark Hayesyes
Cary Sternbergyes
Jim Murphyyes
Don Deakinyes

2.A. Approval of the Minutes

Yes
5
No
0

2.B. Acceptance of Audit Report for Fiscal Year 2024/2025

Yes
5
No
0

2.C. Investment Portfolio Rebalancing Update

Yes
5
No
0

8.A. SWFWMD Phase II Water Shortage Order

Yes
5
No
0
Yes
5
No
0

2.A. Approval of the Minutes

Yes
5
No
0

2.B. Acceptance of Audit Report for Fiscal Year 2024/2025

Yes
5
No
0

2.C. Investment Portfolio Rebalancing Update

Yes
5
No
0

8.A. SWFWMD Phase II Water Shortage Order

Yes
5
No
0
Yes
5
No
0

Transcript and record text

Closed captionsWhat was said at the meeting, transcribed Nov 7, 2026. Speech is not a decision.
  • Some speaker identities remain unresolved.

Discuss anything, drop him off. Good afternoon everybody. I'd like to call the District four Board of Supervisors meetings for February 11th, uh, 2026 to order. We'll rise roll call shows that all supervisors are here. 13. So pardon? 13th. Oh, 13th. What am I looking at? It says, oh, I'm looking at the meeting. Okay, nevermind. 13th, thank you. First on the agendas will rise for the place of the flag and remain standing for a moment of silence for our first responders and military personnel. I, United States of America with liberty for all. Thank you, please. Okay. Um, thank you for everybody that is here. 1, 2, 3, 4, Baby. Bye. Thank you guys for showing up. Our meeting is being recorded, so hopefully people will go online and watch it. Um, next on the agenda is opportunity for anybody to come before the board with public comments. So if you have anything you want to bring before this board, please step to the podium, state your name and address, and you'll have three minutes to tell us your issue. Going once, going twice gone. So we'll move on. Okay. Next. New business. Approval of the minutes from our last meeting. I make a motion to approve. Second. Any discussion? All in favor? Aye. All opposed? Approved. Okay. Next is the exception of our audit report. Yes, sir. Mr. Dishman will, um, present this audit report and introduce our auditors. Good morning board members, uh, Tyson Dishman, district Finance. Uh, so today we are seeking the board's acceptance of the audit report for fiscal year 24 25. Um, the fiscal year ended for us September 30th, 2025. And subsequently since then, we've been working for this audit report. Um, before I switch it over and give it to Purvis Gray here in, in a moment, just wanna hit a few key things. Um, so we here in accounting are responsible for the preparation of reports, and Purvis Gray is responsible for providing their opinion on those reports. Um, we have worked, um, on providing these reports and the format, uh, conforms to gap accounting. Um, here's some of the highlights from the fiscal year report. Um, for this past year, we had $4,251,130 in revenue, uh, for our expenditures for the year, it was $4,150,850. Overall, um, we contributed a positive amount to the fund balance of $100,280. Um, during this time period, we also made sure that we, uh, met our reserve policy, which is 35% of revenues and four months worth of expenditures, and we've met that reserve policy for this year. Um, lastly, I would like to thank governments purchasing for negotiating contract budget for reviewing the fiscal year continuously. Um, the operational teams, DPM Decompliance for their help in preparing these reports, uh, the accounting team for reporting the transaction, the district clerk for, uh, pulling the agendas together and helping to upload the information, uh, and district management for providing us the tools to make this all necessary. Um, with that being said, I'm gonna hand it over to Helen Painter, who is the audit partner from Purpose Gray, um, so she can provide her insight. Good afternoon board supervisors, Mr. Chairman, uh, Helen Painter with Purpose Gray Company. And, uh, thank you for having us, uh, here today to present the September 30 25 audit report. We've put together, um, a, uh, quick PowerPoint to hit some highlights. Um, your audit team consisted, uh, of a large staff of auditors from all different levels. And, uh, with me today is the audit director, Katie Eno. We even have an IT auditor also that looks at your IT operations for cybersecurity, et cetera. Uh, we also would like, uh, to thank Ms. Ne Norris, your finance director, and you now have an assistant finance director with Mr. Dishman, uh, and their staff for having all of the, um, audit records ready for us when we came on site. We come in the month of July, August, uh, and do all of our planning, and then we come back in December after the accounting records are closed. Uh, and they're prepared for us. And so, you know, this is very timely. February was the next meeting after everything was completed. And so we're here to present, uh, today. Um, what did we do as part of your audit team? Uh, we performed the audit procedures and we give an opinion on the financial statements. And we have issued an unmodified, excuse me, clean opinion on the financial statements stating that after we performed the audit, we found no issues. The financial statements were accurately stated. All the required disclosures that, uh, the government accounting standard boards require are also included. So we've issued, uh, unmodified opinion. We also are required to look at the internal controls to make sure that, uh, district four is only spending funds on approved funding, uh, that all the invoices are reviewed by more than one individual. There's a whole, uh, purchasing cycle that they go through. We confirm the revenues to ensure that you've collected all the revenues, especially those that are on the tax roll coming through. So that is part of it. And then of course, we make sure that, uh, the debt payments are made timely and that you have enough special assessments coming into the future to make sure that the debt will, uh, be paid off in entirety. So we had no, uh, findings or questioned costs. Uh, you also have a very nice investment portfolio, and you have an investment committee that has strong oversight on the, uh, mix of investments that you have to often optimize investment earnings. Uh, you also have to be in compliance with the statutes, making sure that you are only investing in those type of investments that are allowed by Fortis Law. And, uh, there was no issues with that. And, uh, the auditor general required us to look at, uh, many things including, uh, your financial conditions. You have special reporting because you are a special district of the state of Florida under Chapter one 90. You know, you're not a county government, not a school district, not a municipality. You're a special district that is allowed by the state. Uh, the state wants you to have even further transparency with your reporting, and they require, um, information on what was your special assessments, what is your outstanding bond balance, and if you had any capital projects that are budgeted to be more than 65,000, and you did have some, uh, pretty large capital projects this year with mill and overlay on some roads, uh, we would have to disclose to you if we had any disagreements or any difficulties, uh, in performing the audit and know we were able to, uh, timely wrap up the audit procedures. So the, some of the significant financial transactions that occurred during the year was, uh, various roof replacement projects, uh, and the mill and overlay for a total of about 685,000. And for the mill and overlay, because that money is set aside, uh, and committed for future row repair, we ensure that the monies, uh, spent on, that came out of your, your special committed, uh, repair, replacement for Rhodes, uh, fund. And, uh, so that was properly utilized. And again, um, you know, overall, and, uh, just like Mr. Dishman was saying, you did, uh, meet your reserve policy requirements. So lastly is the, wanted to point out, this is in your statement here, and I just wanted to, uh, briefly go over this. This is your budget and actual general fund for the year, and you're getting ready to go into budget season for the 26th, 27 year, if you can imagine. And this of course, uh, accountants, auditors are historical. And so we're just verifying to you all that what you all agreed to, uh, during your prior board meetings that, uh, uh, actually did happen. And you'll see that, um, your, you had budgeted 4.2 in revenues, and that's pretty close to what you expected. Uh, some of the other income adjustments were for fema, uh, you, but that's supposed to come in this fiscal year, the FEMA dollars. And of course you had, um, originally budgeted 4.2, your amended budget was 4.6, your actual is 4.1. So you were 500,000 under budget, a very good year. A lot of that sometimes depends on the timing of capital projects. But, uh, so you all had a very good year and, um, hopefully everything will go well again in, in the next year. And in the current year that you're in, again, we, we'd like to thank the board of supervisors. We appreciate us, uh, having you as your audit firm. Uh, we send, uh, we make inquiries with, uh, your, your chairman, and, uh, we work with management and we report to the governing board. So this is, uh, a good conclusion to the audit for the year ending September 30th, 2025. I am happy to address if you have any questions about the audit report Board. Anybody have any questions? Hearing none. Thank you. Uh, we need a motion to approve. I move the report. You got who second it, Kerry. Okay. Thank you. All in favor? Aye. All opposed? Okay. Thank you very much. Okay, Thank you all. Okay, next is, um, investment portfolio rebalancing of, oh, Jennifer's there. Good afternoon board Jennifer Leon Finance here to, um, bring back to you your, um, Rebalancing of, of your portfolio. I believe in December we had a discussion regarding, uh, your rebalancing and, uh, we decided to come, go and, um, uh, bring some more information to PFM to tweak it a little bit more. So, um, you can go to the, uh, second Graph. Yes. Uh, That one, the allocation update. Absolutely. Yes. There we go. Thank you. The second page, oh, I'm sorry, the third page. Apologize. So, um, what we've, uh, we went to PFM and we actually provided them with some additional information regarding your capital, um, assets, um, and just your reserve transfers. And the main difference between, uh, this, uh, allocation and the other allocation that was provided earlier was that the, um, The Florida fit and the Florida, um, local government investment trust, which is the 482,000 and the million 16,000, they had allocated that out to use for your more liquid portion to utilize that, um, for your, your current, um, expenditures. Um, and then had had another 500,000, um, input to your LTIP, which, um, going back, um, I thought it was not something that was doable because we couldn't put another half a million into your, uh, non-liquid assets. So we went back to them and we basically said that we were going to allocate, uh, 49% of, uh, your, uh, to your short term allocation by utilizing your, um, maintenance assessments, your current maintenance assessments coming in, and then also to leave the Florida fit, um, balance as it is or allocation as it is. And then your Florida government investment trust as it is. And basically the reason being is because you're in a, um, declining interest rate environment and those local government investment pools, uh, hold that higher interest rate. So they're, they're holding those terms out longer, so you can earn some more interest there. Um, and then the local, um, excuse me, your long term portion, you would drop in about another 60,000, uh, in that, uh, in that, uh, that pool. So, but you're basically utilizing your maintenance assessments coming in for your more liquid, um, portion to be able to pay your, your expenditures for the year. So that was the main difference between the last allocation and this allocation, and I felt more comfortable with that. Now, I, I did have some conversation with Mr. Murphy regarding this presentation because if you look at the beginning of the 3 million, I think that says 3,034,000, that was at the end of September. The difference, um, between the 3 million and the 4 million is your assessments coming in. So that 7 million is basically at the peak of you all receiving your receipts, which, um, in reality you don't always have 7 million in your account. So, um, we are working with PFM to kind of have more a progressive, uh, outline of how your cash allocation would work during the year, but this is really just outlining what we're gonna use to pay your, your expenditures for the year, but then also, um, uh, basically making an additional deposit for your long term of 60,000. So that's what we were trying to, um, to establish here. So operationally we know what we have to be able to use your expenses. So, um, I'm here to answer any questions that you might have. Any questions board, I'm sure Mr. Murphy. Yeah, I know. Have a couple. As, uh, as Jennifer indicated, uh, that $7 million number, you know, as a board, if you look at that, you think we got 7 million and we don't and never will. Okay. So the utilization of that number was a concern to me. Um, the maximum we would ever have is 4 million, and that number immediately starts to decrease as bills are paid throughout the year. So the 3 million is as of September as it shows there. And, um, you know, as we go throughout the year, that number gets smaller and smaller. Really the only number on there that, uh, holds, um, anywhere near like it's shown is the LTIP, which is the long term investments. Uh, all the other numbers would decrease, uh, as our bills are paid and our actual money available decreases. Uh, the one that, uh, I'm a little concerned with is the palm term. Um, now they're showing 1,000,005 there and, uh, that'd be okay if we had it, but we don't. So, uh, that, that fund requires a million dollar investment to even get into it minimum. And I'm, I'm not sure we're ever going to get into palm term. Uh, it's a possibility, but I suspect it may never happen. And, um, they've been, you know, shown that to increase up to about 21% of our total package. Um, as a board member, I, I don't believe we'll ever get there. Uh, but if we do, uh, we have to go in with a million dollars out of the money that we will have. And the 3 million shown there is probably what we may get up to 4 million, but 3,000,005 is probably we're gonna start off with in decreasing. So I'm not sure we'll ever have that million dollars available. Um, I think the effort there is is pretty good to, uh, keep an eye on the various funds as the investments, uh, change. Um, some of the changes like between palm and class are, are only moving between them one and 2%. And, uh, the fit fund there're up up in the 5% range. So I'm not sure where that's going to take us as as a board member, but, um, we'll, we'll keep an eye on it. There's, uh, a lot of information relative to all the Florida funds, you know, the palm and the trust and the fit, and, uh, they all have different people that run the funds and they all have, uh, different investments that they make. Now, when the investment advisory committee meets quarterly, uh, primarily what, uh, that that group is doing, um, is looking at the investments in the LTIP long term, and PFM really manages that, um, breakdown of how those investments are made. Uh, the other investments are pretty much submitted in, uh, actual amounts, uh, by the district. And then PFM will decide once they get those amounts of money, uh, the best way to invest in, to get us the best return. So, um, that's my, uh, my only concern about if somebody sees that they're, you know, and it's gonna be public record when it's posted, and they're gonna say, what are you doing with $7 million? And they're not gonna understand that, so, but, uh, we're good with it. Right? No, this, uh, and, um, note that the 7 million is at the peak of your receipt and it's really from an operational perspective, Well, you say the peak of our receipts, we only get $4 million in receipts. Well, all of your, uh, throughout, um, December and March, you're collecting your tax collection, correct? You are spending them down. Yeah. So, but like, if you look, I mean, I, I realize this is just like one point in time, but collectively you're receiving another 4 million in receipts. So operationally, if you just look at like Florida class, Florida Palm, we're saying that we're gonna utilize the mo majority of the money coming in in those lgs we are spending them down. Um, but to utilize those funds that's in your more liquid assets because you can't allocate those other funds down to your more, uh, non-liquid assets. And that's what we are just trying to show here. Again, we're working with PFM to show this more progressively, uh, like you said, Mr. Murphy, that's a more realistic, um, total that you're gonna see throughout the year. We just have to get there. Right now, this is just a Snapshot, but when, when you say operationally and, and I'm comfortable with that 'cause that's my background, uh, you're never gonna see that $7 million anywhere at any point time. I understand where you're coming from. Yes, sir. Oh, okay. Yes sir. And I'd hate to have a citizen see that and say, why are you asking for more increases in our bond, you know, in our debt? And if you've got $7 million, you obviously don't need it. So, um, uh, I just, and again, I understand where you're coming from, but it, it paints a picture that could be misleading to the public. And we are working with PFM to make this presentation a little bit more progressive so that it has more of your cash balances throughout the year versus that peak of, of ance Assessment. How about the palm term though? How are you, uh, you know, you're showing a 20% increase in that. Um, So you, you are absolutely correct. We need to monitor that. Yeah. They do have term that are like three, three months, four months. Yeah. Uh, six months. Right. So if it is allowable, um, based on spending trend and you have that million dollars to input in, in there, then we will. And, um, you know, of course the main objective is to make sure that you have safety, liquidity, and yield. And so we wouldn't put that into your palm term unless, um, we knew that you didn't need those monies right away. But again, you don't, they have the term limits or the term, uh, three months, four months, and six months. And that's what I would keep it to Because the two different funds, two different funds in, uh, palm as, as you've shown there. Yes, sir. But the palm term is very restrictive. So I, I just question why we'd be looking at the potential of, uh, increase putting a 20% in It and that that's to, to be able to see if you could pick up some additional yield. Okay. If, if you could Yes, sir. If You could. Alright. That's right. Thank you, Mr. Chairman. Anybody else? I, I have a question kind of tied in with this, but probably more appropriate to talk about when we get to our budget workshop. But this year this board expressed a desire to, um, put, um, reflective pavement markers on our cart pass, and it was gonna cost around $14,000. And it was a safety issue that we were trying to obtain, and we decided not to do it this budget year because of all the challenges we're having. And I, I want to be sure that we keep that on our radar when we're doing these other investment things, some of which are short term and some of which are long term. So that we can say doing safety as soon as possible is more important than having $14,000 sitting somewhere in an investment so we can reach a required threshold. And, uh, so I, I'm really concerned about some of the sacrifices we're making because of the challenges we're facing, and then we're still focusing on the investments. Okay. Well that will be something we will be discussing at a bunch of workshops Though. Yes. Right? 'cause that's what we said we were gonna do. Any other questions for Jennifer? Nope. Okay. Thank you. Uh, uh, could I receive an acceptance of your, all of the allocation? Okay. Yeah. Do, could I get a motion to accept this move? Second. All in favor? Aye. Aye. All opposed? Okay. I think you're still up. I am. I can find my notes. Good afternoon again. Board Jennifer Leonard Finance here to give you your financial overview of your actuals. Um, as of December 31st, uh, 2025, your year to date, budgeted revenues are at four, um, 0.3 million for the year. Included in that amount, of course, is your budget and maintenance assessment of 4,055,000. The board approved a 3% maintenance increase for your fiscal year, 20 25, 26. Uh, the district collected 784,000 in December, which is exactly 3% more than what you collected last year. So given that you did a 3% maintenance increase, your collection rate is about the same as last year. And then looking ahead in January, you received a good, uh, payment of two, um, million 457,000. Uh, so that leaves about 781,000 left to collect for the year, or at 18% of your budget assessment, budgeted assessments. Um, your investment earnings were at 32,000. Um, that is 21% of your budget. Um, of that 25,000 was realized, uh, for your operating expenses, your budgeted at 3,425,000 for the year. Your target, um, percentage for this time of year is 25%. Um, and the district spent 506,000, you're still running under budget. Um, your utilities looks like that's the closest line item that's running around target. Um, the outlier is of course, your other expenditures, um, which is your insurance renewal. That was paid at the first of the year in full. Um, all others are running below, uh, mainly due to, uh, just a delay in processing in December. Um, but you do catch up in January, and I'm seeing, um, a lot of your expenses, uh, towards storm water, uh, pipe inspections coming through. Your capital outlay, um, is at twelve ten two eighty eight. It's mainly for mill and overlay, but you did complete that roof, um, uh, replacement project of a 178,000. You did re meet your reserve requirement, um, this month, which is great because remember last month you didn't meet it. Um, but this month you did. So that's great. And, um, your budgeted, just so you know, that your budgeted, uh, reserves for this year are 855,000. And that's all I have for you. I have a quick Question. When you, when you started out, you said year to date revenues total for 400,000. Well, it's 800,000. Oh, I'm so, Um, sorry. 838,474. I apologize. Maybe I missed that. Budget Revenue, Uh, budget revenues in total of 4 million, 300,000. I'm sorry if I misspoke. And then, um, year to date is at 838,000. There you go. Thank you. Yes, sir. I'm sorry. Anybody else? Okay. Thank you, Jennifer. Thank you. Okay, next on the agenda is supervisor comments. Gary, do you have anything? Um, no, not at this time. Thank you, Don. I have more of a question than a comment. Um, we're getting a lot of inquiries about the artificial term, um, law that's come out of the state of Florida. And, uh, I know that, uh, our legal counsel was going to look into this. Uh, where are we at on that? So the law that was adopted is not yet in effect, because essentially what it says is that there are gonna be these restrictions or removal restrictions on use of turf, but only after the Department of Environmental Protection provides for some standards that need to be followed for that, that hasn't happened yet. So we don't know how soon they'll come through with No, and there's also current legislation that, uh, seeks to exempt c DDS from that provision. So it's very early though. So we're wasn't That though for HO eight or was it for no special district's Office? Which one? The, the old law or the one that there's proposed now? The one that they're proposing, the one that they're proposing is to exempt c dds. Okay. So the short answer is, although there's a law, there's nothing, um, that needs to be done at this point because there's been no rule developed by the Department of Environmental Protection. Okay. Um, Don, is that it? Yes. Okay. Jim, the only one I had was the, um, the changes coming along here affecting Marion County. Uh, doesn't affect our board direct, but it affects our people again. And, and it has to do with the whole issue of, uh, AEDs that are here in our district because we're part of Marion County instead of the rest of villages. And, and some of the changes are gonna go about that if, um, we have a board member here who can talk about it, if you'd like Mr. Chair, we can just pass on it, just to be aware of what we can change. I, well, as, as I am also, I'm comfortable as I am also involved in that, and then been about 14 years. Um, I think it's important because we do have eight or 10 or 12 groups in Marion County that cover a lot of, a lot of households. I know my group in particular is Sumter, Sumter County. I in no, our, in Marion County, we have 12 or 14 groups, and my group has had seven call outs in the last 14 years. So it does get used. So, um, I think that that's an important, so Scott, you have some things you can say? Want me go now? Yeah, no, go, go now let's, let's do it now and then. Okay. Okay. Uh, my name's Scott Jones. Uh, 9 2 8 6 Southeast, one 70th Fontain Street. Uh, I'm the coordinator for the North Woodbury, a ED group. Um, and, uh, we've had some developments with the A ED, um, in Frank County, uh, lately, uh, I was gonna bring it up under public comment. Um, but, uh, bottom line is some facts that people need to be aware of. We've got about 15 a ED groups in CD D four. Some have been around around 15 years, some only three like ours in North Woodbury. We're one of the new ones. We cover 186 homes. We three AEDs in about two dozen first responders. Marion County provides EMS and fire services for CDD four Villages. Public safety is only called, uh, for mutual aid assistance with nearest ambulance at the par drive across from the library. So that tells you how far away the villages has to come to help us out with either an ambulance or a firetruck or anything like that. Station 10 on Route 42 is the busiest station in Marion County. The next Dew station from there is Station 30, which is about three miles up, uh, on 4 41 right across the street from Grandma's Cafe. So that's your next closest Marion County ambulance. If the ambulance is station 10, right up at this corner, um, is out on business, and that happens an awful lot. Therefore, that can add four to five minutes of delay for EMS when there's a cardiac emergency in CDD four. So recently a INE circle, a ED coordinator took the lead and formed a Marion County, a ED coordinators group to be able to share information in good practices and potentially help some of the other groups that are struggling. Some of the groups that have been around a while started out like a house on fire. Um, they raised money, they put AEDs in, they got a lot of first responders, but over time, those first responders have aged and kind of dropped out. And getting good people to do CPR and a ED work is not something that this age restricted community is good at, because you gotta be able to bend over, you gotta be able to get on your knees, is very labor intensive and most of the people living here aren't really in that kind of a physical condition. So this group, um, met in January for the first time, and we're gonna meet again in March and April or April. We haven't, uh, obtained a room yet, but we'll, we'll do that soon. Um, we learned a lot at that meeting from Marion County Fire Rescue and Marion County Public Safety about how a ED groups are dispatched in CDD four, um, by their 9 1 1 Dispatch Center. Um, as a result of that meeting and the information that they shared, um, our group, north Woodbury is switching notification services from the one that we use now, which is about a thousand dollars a year to notify our a ED first responders if there's a cardiac emergency, non-breathing. Um, and we're gonna, uh, we're gonna switch to a free service that the, uh, 9 1 1 Center really prefers that they use. Um, it's quicker. It saves two to three, four minutes on a dispatch. Um, and it also is free, which is always a good thing when you're trying to have to raise money every year to pay for that service. So bottom line is the dispatch will include cardiac emergencies, choking, drowning, um, but the key is that the victim has to be non-breathing. And one of the things that this Marion County Group is gonna try to push is that they let all of their residents know when you call 9 1 1 for a cardiac emergency, you almost have to say that the person's not breathing in order to make sure that your a ED group, if you're covered by one in your neighborhood, gets a dispatch. Um, it's, it's kind of one of those little protocols that they want followed. And if you don't say not breathing, you're gonna wait for the ambulance to come. And like I said, that could be a long time. Uh, several a ED coordinators from down south have also taken a lead and formed a new a ED group that includes all 291 plus a ED groups in the villages. This group is meeting in March for the first time, and for info purposes, there's over 970 AEDs within the villages and over 6001st responder volunteers. Um, and a reminder that eGroup de groups always need donations and fundraising support and willing volunteers to join their teams. And I've, um, I've joined up with this guy from Coloring Circle, and we're kind of doing the lead here with this Marion County thing. But the biggest thing is trying to find volunteers and trying to get donations to make sure that your equipment is up to date. You have supplies that you need for your first responders and stuff like that. We're always willing to help. Um, supervisor Weiner and, uh, supervisor Murphy know how to get ahold of me. If anybody reaches out to them and needs help with an a ED group, um, I'm more than willing to go meet with them and try to help 'em out. Okay. Thank you. Scott. Any questions? One quick thing. Yep. If, if, uh, Mulberry and the station house off, up on 27 and 4 41 are buried, don't the running cards then call the villages, that would be a mutual aid response request. But again, the closest Villages ambulance is at par drive over across from the library on Belvedere. Okay. The next closest one is down in Spanish Springs. So if you're imagining the distance that the ambulance drives, not the crow flies four to five minutes. It, it's still four to five minutes minimum for either one of those. And that's after the first ambulance or second ambulance in Marion County would've scratched because they're either out on another call or, or they're just too far away. They've gone to Ocala, looked to the hospital, and that just puts them basically outta service till they get back. I, I understand from, uh, Marion County Fire Rescue, we did this in my town where I worked as a fireman for 40 years. They put on a power shift at Station 10 up here at the corner during the heaviest volume hours of the day where they move an ambulance from somewhere else in Marion County. They move it down towards the border. And whether it's sitting in Station 10 or whether it's sitting up at the corner at the shopping center, doesn't really matter. But that ambulance is there to give an assist to Station ten's ambulance when they're out a cer when they're get going to the hospital or where they're at if they're not in quarters. And that increases the response time or lessens the response time gets you a quicker ambulance because they're kind of covering a little bit. But that's only for the busiest times of the day, which typically here or during the afternoon hours. So thank you. Um, just wanted to share that information with the board since most people don't really know where their EMS or fire come from in Marion County. Thank you. Thanks, Scott. I, I will say this, that for three or four years ago with the help of Don, um, I went to Marion County, trained to get PulsePoint as part of Marion County because Sumter County had it, but we couldn't be included here. And at that time they weren't interested. So I'm really excited to see Marion County adopt PulsePoint. It it gives us another opportunity to use a different service that is free if we so desire to use it. And, uh, that's up to each group, but at least Marion County stepping up and, and trying to do the right thing. Yeah, the, the dispatch method that alerts us as first responders, it, it's a significant delay if you use one versus the other on our group, um, we've been using Ready Alert, which is the, the one that was primary up here for years. We've been using that for the three years we've been in existence. But we are switching as of the end of this month. Uh, we're letting that subscription go and we're, we've switched over to PulsePoint. The difference in any different call can be 90 seconds to two minutes in when that alert goes out to our people, depending on the service you use PulsePoint, it's right up front. We actually get dispatched according to their dispatch people. We will get a dispatch for our neighborhood for cardiac emergency not breathing, um, before the ambulance even gets alerted because they want the first responders moving as quickly as possible because CPR needs to get started as quickly. And if that ambulance is not in the station, they can bang that ambulance out all day long. But the first responders in the a ED group are gonna be the ones that are gonna give that guy a chance to live. So Thanks. Thanks Scott. Okay. Anything else, Jim? No, that's all I have. Mark. Uh, the only thing I have is I received an email, uh, reference a water main break at 3:00 AM on the 15th in Springdale. And the, the, the, the gentleman that that sent it, the email was concerned about the fact that he called, uh, community Watch and Community Watch's response was they don't let us know anything. And, and then, uh, uh, uh, he ended up calling, um, or the inquiry was why can't they be notified if there's a water main break by, by Marion County Emergency Government? That would, Uh, when it come, I, I will, um, follow up on the community watch comment. When it comes to, um, generally speaking water main events, um, it depends on the size and how many homes are impacted as to what threshold is notified. We are required, depending on the type and the size of any type of a break to notify, that would fall through the utilities, though, not necessarily through Marion County. Okay. The, the exact quote was, uh, when I called Community watch to see if the break was, and there, there was a water boiler issue. I spoke with Bonnie, we indicated that she did not know, and no one ever calls and notifies them, uh, and to call the utility when they're open. So it was eight, eight o'clock or so, or seven o'clock at the time. I'll address that. Thank you. Thank You, thank you. And just, and, and the, the damage that was done to the landscaping has now been completed? Yes, I saw it and it looks really good. But I will tell you that that pipe is gonna be redone again because that's part of the project that the utilities has to do. 'cause the Poplar Road Water main break that we've had like six of it the last couple of years is part of that. So they're gonna have another disruption. Um, that was an unfortunate situation, but they did a really good job of getting water back on really quickly 'cause they repaired it mm-hmm. In four or five hours. So that was good. That's all I have, sir. Okay. I have nothing. So we'll move on to, um, investment Investment advisory committee. Um, uh, I I'm going to, uh, pass on that. The agenda was very short and what, what I, I would've gone over was basically what Jennifer went over and we discussed. Okay. Alright. Okay. Um, next is, uh, multi Motor Path Discussion Group. We had a meeting here in January. Um, unfortunately I would've hoped it have been attended a little bit better, but there was a lot of discussion because Kevin Stone attorney for some of the, uh, district boards put out a, um, opinion on, uh, e bytes and what is allowed and what isn't allowed on card pass, which was kind of, kind of interesting. Um, I, I have a question for carrier, a request, and that's because there were some people that had said they wanted to be part of this group that did not show. So if you had to reach out to them and at least see if they wanted to continue, um, okay. And, and they, they do. Okay. I, it was encouraging because for the first time we had someone from District 15 there, which was really kind of interesting. Um, so, um, we'll be having another meeting in May, and as Don said, hopefully we'll be discussing putting our RPMs on our path at our workshop. So hopefully we will help the situation. And I know dis I believe district one and two are gonna be talking about it. Two, if they have it. Well, you know, even if we can't get the reflectors in the timeframe, uh, we look at our roads here, like Legacy Lane, uh, there is, there is no marking that's gone. Period. We, we've gotta do something in some areas, even if we don't do our whole thing. 'cause there's nothing that's, once they pave that, it, it's, there's nothing. Right. Okay. Um, that one, um, mark. Yeah, the only thing I have, Marion County is not here today and everybody has received the, uh, monthly report from VPSD. Did you wanna mention that? We have a new lieutenant? Yeah, I, I thought I did last month. Okay. Um, Lieutenant Adams has been reassigned and we now have, uh, Lieutenant Christine Rodriguez. She is the, she is the new, uh, station lieutenant. And, uh, very knowledgeable. Uh, uh, like I said, you know, Ben, Ben was really a sharp guy and he's moving forward. So that's all. Okay. Um, Don Marion County. Yes, I have, um, two things. Um, first of all, at the last Marion County Commissioner's meeting, it was announced that Marion County has been recognized as the fastest growing county in the entire country. And that's relevant to us because we're part of Marion County and we are feeling the traffic increases. Um, but I thought you'd like to know that. Um, secondly, um, we've got, um, Nancy Fallon from Phillips Villa, uh, received a letter from Steven Khoun, who is the Marion County engineer. And in the letter, uh, that he sent, um, I'm gonna read part of it to you. It is short and it pertains to the Walmart. It says, all technical reviews for the major site plan have been completed by the county staff and informational hold that was previously placed by Growth Services has been resolved. The project is scheduled to go before the Development Review Committee on Monday, January 26th, if approved by the DRC, the plans will be stamped with county approval following DRC approval. The applicant, which is Walmart, uh, is required to have the plans sealed by their engineer and returned to the county. Once the sealed plans are received, a development order will be issued, which authorizes the project to begin construction. Um, and he added that there is one other, um, outstanding item that needs to be dealt with. And that is that a development agreement must be approved by the Board of County Commissioners until that occurs. Final office of the county engineer, signoff cannot be issued and certificates of occupancy cannot be granted. Um, Marion County met on January 26th and they did vote to approve it. And so, um, the issue then is that, uh, as soon as they get those sealed plans in, they can start digging into the ground immediately. It's, it's done. And you told me that you didn't wanna hear anymore about Walmart unless it was a new development. This is a new development. It is. And this Will be the last thing we have to hear because it's been approved. So it is gonna go forward. Well, yes it is. However, this board needs to understand that we still are going to have issues regarding the roads going in there to Phillips Villages. Yes, the developer, Walmart agreed to pay 37% of the cost. They did not agree to do the maintenance. They agreed to provide and pay 30%, 37% of the cost. We are going to be responsible for the maintenance, whatever happens, whatever that comes to. And we need to, in our budgets and in our planning, we need to take into account that we may have that added responsibility and it may come sooner than we think when we're bringing in all this construction equipment and so forth. There's gonna be a lot of wear and tear on those roads. Additionally, we are still dealing with the potential traffic issues and safety issues, none of which have been resolved. And the, the, basically the attitude was, let's wait and see how big a problem it becomes down the road. And with what we see on 42, what we see at 3 0 1, what we see at 42 at traffic jams, all four directions at those intersections, um, it's, it probably is going to become an issue and, and we're gonna have to address the needs of the residents of Phillips Villas, um, you know, pursuing that as well. So it, it is not over, but it is something we need to keep on our radar and be aware of and start considering, uh, budgeting for. Okay. Anything else? No, sir. Okay. Um, old status update. Yes, sir. The first item is the depression at and the storm inspection on Crow Field at Cameron Villas. And Mr. Harris is coming forward to give an update to the board. Good. Mike Harris, district Property management. So we, as you know, we are completed. Um, there we are awaiting the final invoices. We are under the estimated budget number that we had it initially. As soon as I get that number, the total, I will email the board with the total. Do you have any idea about how close we are? So I think we were right at 360 of the estimated, and right now we're under three, so we, it looks like we've, we're doing well. Okay. I did go look at it. They did it finally, after a second try. They did a good job. And just to let you know, we had extensive meetings with, with Superior Asphalt on this. And it's, unfortunately, I don't really like hearing excuses, but it was staffing and turnover and things and, you know, spreading themselves out a little too thin. We have a designated project supervisor for the Villages now, so that we didn't have before that we didn't have before. They were kind of bouncing people back and forth. So we did have a similar problem in District 10 also, and we met with them. Um, we're pretty confident in their plan that they sent us that uh, they've got it under Yeah, because that can't happen again, that's for sure. Okay. Um, go ahead. Thank you. Number two is the storm debris collection question regarding whether or not, um, money has been set aside for storm debris collection. And we did follow up with an email to that and it is attached to your agenda, um, if we're happy to answer any questions. Otherwise, that item has been marked complete and I still have not received anything from FEMA regarding reimbursement on your debris collection. Just in case you were wondering, number three was the e-bike discussion, which has already been discussed. So if the board is in agreeance, we will also remove this item from old business. And then number four was the signage for Philips Villas. Before we could even have a conversation about adding temporary signage, the new signage was installed and built. Um, so that item is complete as well. Um, the sign is only partially completed based on what our agreement said, because they plan to have some sort of a commercial sign below the Phillips Villa sign. That commercial sign is not on there yet. So we don't know what that's gonna look like and whether it's going to fall within, um, the agreement or not. And all we can do is wait and see. We also have to be realistic and understand that they are allowed to put any other signs up that they want. So you could have any size, any color lighted or not lighted on the gas station shelter over the 20 pumps. They could put another sign even in the ground on either side of the median strip. We don't know whether the signs are going to be, but we should, I'm just saying to you that you should be prepared that there will probably be quite a bit more signage out there, um, in addition to what's on that median strip. So is the board okay with us removing this or did you want to leave it on old business? I think it can come off if they, if the sign becomes an issue, we can put it back on. Right now it's done. And let's be honest, if Walmart started tomorrow, we're still six to nine months away from it being done, So. Understood. Thank you. They're looking at, um, finishing, um, sometime in the fall of 27, I think. Right? I I heard the third or fourth quarter of 27. Yes. Okay. And that concludes all business. Oh, no, Mr. Chair on the, uh, on the e-bikes. Wasn't there a kind of a, a tag along discussion relative to, uh, law enforcement possibilities on our path? Yeah, there was, well, it didn't go anywhere. It didn't go anywhere, but I, I have to do some more, uh, research and talk to Marion County and actually Sumter County because technically any motorized vehicle that has a valid license plate, it's not allowed on a car pass. Is that not correct, Mr. Brianis? I believe there's some exemptions, but generally yes, that's the rule. Okay, so you're not allowed, but then how do you enforce that? Which becomes the issue and it's all the time. I saw three of them on Wednesday driving from here back to my house when I was, when I left the a a C meeting, they'd have license plates on them, but they're on our car path. Yeah. So there's some issues that have to be discussed and, and worked on. And I'm planning on doing it just, you know, thank you for Yeah. And the other thing is, uh, that restriction, uh, what does, what does that do to all of our, uh, staff vehicles who continue to ride heavy trucks on our cart pass and that type stuff? Are they no longer allowed to do that? Are they gonna have to switch over to, There was an exception from the lawyers statement about that, and they said that, um, vehicles, service vehicles, construction vehicles and so on could utilize the pass or the grass, the, the shoulders and so forth, um, with their heavy trucks and so on. Okay. They, they, they were listed as an exception. I missed that. Thank you. Okay. Um, I lost my place. Oh, information items only. And, um, because the after agenda mark, that's for you. And if you could Sure. That that's an after, that's an after agenda. I gave one to Mr. Sternberg. Don has one. I have one. You can read it. There's no sense in us going through the after agenda. I would like to identify a couple of things. Please, Don, Don, I'm gonna say this for the last time. The after agenda is on the website and anybody can get it. I will let you do it today. We're not having this anymore. People, there's six people here. They can go online and watch it. They can listen to it. They can do what they want. We are not taking time in our meetings anymore after today would be after agenda. Go Ahead. I hear what you're saying. I think that's too bad because I like you, I attend the other district board meetings and they, um, get pretty good reports and, and even, um, Kerry Duckett today in district one gave, highlighted a couple of items and those were the same items that I was going to highlight In, in nine months. I will not be chairman anymore and new chairman could do what he wants, but that's what the way I want to do it, to finish out this year. Alright, uh, item two B on the authority report has to do with the sound systems and at the various recreation centers, and they are planning to do a complete overhaul on those. The, there were a lot of questions that were raised about the sound systems and that item did get tabled. Um, while we get some answers to some of the questions on, um, item seven, the committee member comments. Um, the March 16th, um, a a c is going to have a workshop, um, dealing with agenda topics. Uh, that meeting is going to be held at the Savannah Center, and it doesn't say what time it is. I think it's what time period do you know? Or Jennifer? 8 39 o'clock. Nine nine o'clock. On those items, it's gonna include the community watch review, uh, gate Shack staffing, gate arm operations, including long range readers, uh, interlock number two, interlocal agreement revisions, uh, financial plans anticipated, um, in a future timeframe. The A A C is not just going to look at the past or the present. They wanna start doing some long range planning, uh, so that the reserves that they have built up are used wisely going forward. So that's gonna be a topic. Um, item three, determine if the a a C can enact a policy to provide a refund to the residents based on the RAD Fund financial situation. Um, they're looking at other ways to, um, try and, um, Reduce or ameliorate the, um, amenity fees that we are collecting and don't necessarily need. We're looking for ways to spend it, which is not the way to do business. Um, and number four, amenity fee cap with income projections beginning in 2027. And number five, uh, amenity improvements. Um, these things, oh, and Donna Kemp requested that, uh, they provide dates for the upcoming IAC meetings. Um, I would encourage residents as well as members of this board to try to attend the a a C workshop. I know that Cliff and Mark go to them almost all the a, a c meetings almost all the time, but I've encouraged the rest of this board to also attend the a a C workshops might be worthwhile. That's it. Okay. Anything else? Um, you guys, um, under DPM monthly reports and, um, community community development is Republic hearing updates? If not, we'll move on. Seeing none. Next up is, uh, district manager reports. Yes, sir. Um, the first item is to introduce Mr. Matt Armstrong, who is going to give you a brief update on gov built. He introduced this new, uh, system that they had a couple months ago, but now that we are live, he's going to give an update on how it's progressing. Good afternoon Board Matt Armstrong Community Standards. So brief presentation on our gov built platform. We did go live on December 1st with this new software. And as of December 1st, we processed over 2,500 a RC applications. Um, so we are receiving some great, um, feedback from our residents and from contractors, and we will tweak here and there for better efficiencies. Uh, right now when you open and you are register a new account, you'll come to a landing page where you'll see the Architectural review application residents will click on that link and it'll bring you to the link that is, uh, to the application, which looks identical to the paper application. We wanted to make this as seamless of the transition as possible so our residents didn't get this completely different look and not understand how it's been working before. So we created the same exact application dish online. We're gonna provide the same information. You always have your contact information, the contractor's information if you have it, a detailed description of your project, and then a signature page where you'd sign off that says you understand it's a public meeting and that it's, uh, you can come and attend the meeting. Once you hit submit. What's different now is that you'll get an email that says, thank you for submitting your application. And, uh, we will review your application and it'll be, um, seen within 14 business days after staff has reviewed the application to make sure that it's complete. We assign it a date for the architectural review committee and then, which the resident and contractor, if the contractor information is, they will receive another automated email that says, your, uh, architectural review meeting date is this date. And it sends it to them after the meeting has concluded. And we've been able to process the applications. Uh, once we approve or deny the app ordinance committee approves or denies the application, uh, we hit submit on that button as well. And then a third email is sent saying, congratulations, your application is approved or it's been denied. And it gives the reasons as to why the chairman's signature is on this email so they can print it and get it off to Marion County. If they need a building edition pull edition that requires them seeing that they needed ARC approval, they can print that email or they can start their project if they didn't need that additional information. What's great about this platform also is that it saves your application for you. So instead of saying three years from now, hey, I can't find my application, I'm selling my home, I want to include it, they can actually go into their profile, pull every application they've ever submitted, have drafted whatever it is that they've, that they have created for their property. So it is there. Uh, we've had previous questions about are we gonna upload all the previous case history into the system? No, we're, that'd be way too much. But we do have it already saved in our system. It's gonna be in Laser Fish, which is our, our current software that houses the information. So anybody can ask us and we can pull that information for them. But this is a future forward, um, uh, platform for the individual. So we've had some, like I said, great feedback and we're looking to, to make minor changes here and there to make it even more efficient. But we're very happy with the rollout. Matt, I gotta tell you, um, as you know, I'm probably your biggest pain and, uh, I use this all the time. I will. I, I looked at it today after I went home after the district two meeting, and the new results are awesome that that's much easier to use than the other three styles we had, you've done a great job in improving the way these things work, so thank you and keep it up because it saves us time and money in the long run. So looking forward to some others, and I'm sure I'll find some things that can, that you can change. Well, we, we, we appreciate the feedback because that helps us. Anybody else? Anything from Matt? Thanks buddy. And before, um, district council reports, I did just want to, um, inform the board that if you haven't seen already, we are under a phase two water shortage order by the Southwest Florida Water Management District or Swift Mud. All of the information has been placed on the, uh, our district's website that will link you to the Swift Mud Swift Mud website. There's a lot of information, we're getting a lot of questions from residents, and there's a pretty thorough FAQ on Swift MUD'S website that again, you can reach from our um, page. We've also put a one page flyer on the bulletin boards at the postal stations to try to help residents obtain the information. It does also directly impact District four. And with that, I will turn it over to Mr. Brianis to go through, um, the changes to your decompliance process. That's correct. So under the new order, um, the order itself prohibits the enforcement of any deed restriction actions that relate to use of water or extra use of water. Um, so pursuant to the plan that's within your agenda packet from February 8th through July nine, July one, which is the time period that the order has been issued for, unless lifted earlier deed compliance is not gonna proceed against property owners for any violations that have to do with dead grass, uh, replacing grass with so certain landscaping replacements because all that requires the use of water. So during this time period, those, uh, actions will be abated, there'll be no action taken on them. In addition to that orders that have been issued already by this district and are enforced now, they'll have to be an abatement period, uh, during this time period as well, where these, um, property owners won't be fined for not bringing their property into compliance as a result of the order Question as soon as they lift it or it's over July 1st, then those restrictions that we cannot enforce now will become automatically. Yes. Is that correct? That's correct. Okay. Understood. Uh, we can't use water. We can't use water. Anybody have any questions for council? No. Oh, just a motion to approve It. Okay. Can I get a motion to approve? Move Second. All in favor? Aye. Aye. All opposed? Approve unanimously. Oh, I just have one question, Terry. This, this document here that was put out. This one here? Mm-hmm. Okay. There was no reference in that as to the 5%. And boy, people are crowing about that. Like there's no tomorrow. And, and I said, believe me, it's in there and it, but it's in, it is in this order. That's, that's correct. So the 5% is in the Swiss mud, um, order, the water shortage order. What we attached from community standard is something internally that we put together on how we will, um, proceed with complaints and public hearings during this time period. But if you want information on the 5% surcharge, that would be through Swift Mud. Right. And, and I think that that, that any, the citizens have to be aware. We don't have anybody from the media today's, but they Yeah, we do. Oh, I'm so, I'm sorry. I'm sorry. Uh, anyway, that, that, uh, they have to understand that has nothing to do with the district, with the water system or anything else. That's a swift mud requirement. It is a requirement of swift mud, but it is a 5% surcharge that is going on your water utility bill, right? Yes. Yes, yes, Sir. Understood. Thank you. Residents will be charged to 5%. Yes, they will. Yes. So we will hear about that, I'm sure. Okay. Before we close last chance, if you have something you wanna bring up, Charles. Okay. Take your time. We're not going anywhere. Cool. Uh, Charles Ner, 7 3 7 0 Southeast, uh, one 69th Gate Street in the Soli area. Villas. Um, my understanding that, um, my understanding is that Marion County is actually, or that's part of Marion County, is actually part of the St. John River, um, district management district. And Marion County has said that we will follow the, um, or the village's part, and I think Nel will follow the, um, the swift mud version and everybody else will follow the St. John's River, uh, policies. My question is, does that also include the 5%? Yes. Okay. And, um, so that will be billed well, well actually a further question is for every, all parts of the Marion County section of the villages, except for Soar villas and pi, I assume Phillips Villas, we are, we get our water and sewer through Marion County, not the, the, the district utilities. And so Marion County will be having to be the one that puts on the 5%, is that correct? Your understanding? Yes, sir. That's correct. And I have, we have not been informed from Marion County, if they are adding the 5% surcharge, it is being added to the little t sumpter service area, which is what the majority of District four falls under for the Util. Okay. So we'll, we'll just have to check our, our bill to see if, if, if, because we're not part of district utilities, whether they in fact do it to, uh, the 300 rooftops that are not part of, uh, the district utilities. Yeah. Okay. Thank you, Charles. That, that's important. If we get a phone call from Somebody that lives that, that's different. Scott, uh, Scott Jones. 9 2 8 6 Southeast, one 70th Fontain Street. Three questions. Just, you're not gonna know the answer, probably it is, but just pose so that we can maybe bring it up at the next meeting. Number one on, have they told you what the 5% monies collected are gonna be? Used tools, number one. Number two, who's going to police the activity? Make sure that people don't power wash and that they're watering on time and all that. And number three, I forget what that was, that's a senior moment. Um, but those are the first two. What's the 5% gonna be used for? And if, if anybody knows, I think, and who's gonna police it, I could be wrong, but I think you're, whatever you use for what.

MINUTES OF MEETING VILLAGE COMMUNITY DEVELOPMENT DISTRICT NO. 4 A meeting of the Board of Supervisors of Village Community Development District No. 4 was held on Friday, February 13, 2026 at 1:30 p.m. in the Ashley Wilkes Room at the Savannah Recreation Center, 1545 Buena Vista Boulevard, The Villages Florida, 32162. Board members present and constituting a quorum: Cliff Wiener Chair Mark Hayes Vice Chair Cary Sternberg Supervisor Jim Murphy Supervisor Don Deakin Supervisor Staff Present: Carrie Duckett Deputy District Manager Mark Brionez District Counsel Jonny Bishop Executive Director of Support Services Jennifer Liunoras Finance Director Tyson Dishman Assistant Finance Director Mike Harris District Property Management Director Matt Armstrong Community Standards Director Jennifer Farlow District Clerk Candice Harris Deputy District Clerk Jesse Andrews Assistant District Clerk Jamie Lowe Assistant District Clerk FIRST ORDER OF BUSINESS: Call to Order 1.A. Roll Call Chair Wiener called the meeting to order at 1:30 p.m. and stated for the record that all Supervisors were present representing a quorum. 1.B. Pledge of Allegiance The Chair led the Pledge of Allegiance.

VCDD 4 – Meeting Minutes February 13, 2026 Page 2 1.C. Observation of Moment of Silence Chair Wiener led the Board and audience members in attendance in a moment of silence to observe those who have served our Country and community. 1.D. Welcome Meeting Attendees The Board welcomed all those in attendance. 1.E. Public Comments There were no Public Comments received. SECOND ORDER OF BUSINESS: New Business 2.A. Approval of the Minutes On MOTION by Don Deakin, seconded by Jim Murphy, with all in favor, the Board approved the Minutes for the Meeting held on January 9, 2026. 2.B. Acceptance of Audit Report for Fiscal Year 2024/2025 Tyson Dishman, Assistant Finance Director, advised that Staff is requesting that the Board accept the Audit Report for the fiscal year ending September 30, 2025 and provided the financial highlights for the District as follows: • The District’s total revenues of $4.2 million exceeded the expenditures of $4.1 million for governmental activities. Overall, a positive $100,280 was contributed to the fund balance. The District’s Reserve Policy was met with 35% of revenues and four (4) months of expenditures. Mr. Dishman stated that the Finance Department is focused on recording transactions in an accurate and timely manner to provide the highest level of recording for the District Board and its residents. Helen Painter of Purvis Gray, the District’s Auditor, advised that the Financial Audit is required by Florida Statutes for all local governments with a primary focus on Financial Statements and notes. The reporting package contains the Independent Auditors Report, internal audit controls, financial reporting, Auditor General management letter and Special District reporting requirements. Ms. Painter stated that it is the Auditors’ objective to ensure that the accounting records are kept in accordance with government auditing standards and follow GASB for government accounting. The Independent

VCDD 4 – Meeting Minutes February 13, 2026 Page 3 Auditor’s Report states that the District has received an unmodified clean opinion and based on the results of the audit procedures performed, the accounting information presented was accurate and no audit adjustments were made. Ms. Painter stated that a review of the District’s Investment Policy and internal controls was also completed, and no weaknesses were identified or recommendations provided. Ms. Painter stated for the fiscal year ending on September 30, 2025 there were no significant transactions within the District, and the correct amount of maintenance assessments have been collected. Ms. Painter responded to the inquiries of the Board. On MOTION by Mark Hayes, seconded by Cary Sternberg, with all in favor, the Board accepted the Village Community Development District No. 4 Audit Report for Fiscal Year 2024/2025. 2.C. Investment Portfolio Rebalancing Update Ms. Liunoras advised that Staff met with PFM Advisors to reanalyze the annual cash flow. In revising the investment allocations, additional emphasis was placed on current and future capital projects, timing of tax collections and budgeted reserve transfers. The proposed updated investment portfolio percentages as follows: CFB 3.6% FLCLASS 23.2% FL PALM 22.2% FL PALM TERM 21.5% FL-FIT 6.8% FLGIT 14.4 % LTIP 8.5% Ms. Liunoras advised that PFM and Staff recommend that the District maintain a short-term allocation of 49.0% and a core allocation of 42.5%. It is further recommended that the LTIP balance be increased by approximately $60,000 resulting in an 8.5% LTIP allocation at the peak of the cash cycle, with the expectation that the percentage will increase as cash balances decline. Ms. Liunoras stated in addition, FL PALM TERM investments will be laddered to enhance liquidity and further mitigate interest rate risk.

VCDD 4 – Meeting Minutes February 13, 2026 Page 4 Supervisor Murphy expressed concern about the FL PALM TERM proposed market value which requires a $1.5 million investment and stated that he does not believe the District will be able to achieve that. Supervisor Murphy stated that the Investment Advisory Committee (IAC) meets quarterly to review and discuss the investments in the LTIP. PFM manages the breakdown on how the investments are made. The remaining investments are submitted in actual amounts by the District, and PFM will decide on the best investment routes to receive the best return. Supervisor Deakin stated that the Board previously expressed a desire to install reflective pavement markers (RPMs) on the multi-modal paths at an approximate cost of $14,000, but the Board chose not to proceed in the current fiscal year because of financial challenges the District is facing and would like to ensure the Board keeps that in mind when considering other investments. Chair Wiener advised that RPMs will be discussed during the Fiscal Year 2025/2026 Budget Workshop. On MOTION by Cary Sternberg, seconded by Mark Hayes, with all in favor, the Board approved the updating rebalancing of the Village Community Development District No. 4 portfolio, as presented. 2.D. Financial Statements Ms. Liunoras provided an overview of the Financial Statements as of December 31, 2025: • Year-to-date revenues total 838,474, exceeding prior year revenues of $784,064. The Board approved a 3.0% increase to the maintenance assessments for Fiscal Year 2025/2026. The District collected $784,000 in December in maintenance assessment revenue. • Investment earnings year-to-date are $32,000 of that, $25,000 was realized. • The District’s Operating Expenditures of $505,927 are 0.4% higher than the prior year-to- date expenses of $503,790. • Capital Projects scheduled for Fiscal Year 2025/2026 total $1.2 million and are projected at 100% of the amended budget.

VCDD 4 – Meeting Minutes February 13, 2026 Page 5 THIRD ORDER OF BUSINESS: Supervisor Comments Supervisor Deakin requested clarification from District Counsel about the new law addressing artificial turf. Mark Brionez, District Counsel, advised that the law that was adopted is not currently in effect. The Department of Environmental Protection must provide standards to be followed, which has not occurred yet. Mr. Brionez stated that there is also current legislation that seeks to exempt Community Development Districts (CDDs) from that law. Supervisor Murphy requested Scott Jones, North Woodbury AED Group Coordinator, provide an update on the recent AED changes within the community. Mr. Jones advised that there are approximately 15 AED groups within District 4, covering 186 homes, with 3 AED’s and 24 first responders. Mr. Jones stated that Marion County provides EMS and Fire Services for District 4 and The Villages Public Safety Department provides mutual-aid assistance, with the nearest VPSD ambulance located on Parr Drive. Mr. Jones advised that Marion County AED Coordinators formed a group to share information and provide assistance. At the first meeting held in January Marion County Fire Rescue and Marion County Public Safety educated the group about the dispatch process of AED groups in District 4. Mr. Jones stated following the information provided during that meeting the North Woodbury group is switching notification services to a new service that will result in quicker dispatch. Mr. Jones provided additional information about the new group established as information. Vice Chair Hayes advised that he received an email from a resident about a water main break that occurred on January 15th in Springdale, who expressed concern about the lack of information Community Watch was able to provide them. Vice Chair Hayes inquired if residents could be contacted by Marion County Emergency Management about water main breaks. Carrie Duckett, Deputy District Manager, advised that the notification threshold varies depending on the size of the break and the number of homes impacted by the break, which fall under the purview of the Utilities Department, not Marion County. FOURTH ORDER OF BUSINESS: Committee Updates 4.A. Investment Advisory Committee (IAC): Primary – Jim Murphy, Alternate – Mark Hayes

VCDD 4 – Meeting Minutes February 13, 2026 Page 6 Supervisor Murphy advised that the IAC held a meeting on February 3, 2026 and the District’s Investment Portfolio Rebalancing was previously addressed by the Board. 4.B. Multi-Modal Path Discussion Group (MMPDG): Cliff Wiener Chair Wiener stated that the MMPDG meeting was held on January 21, 2026. District Counsel Kevin Stone provided a memorandum that outlined what types of vehicles are allowed on the paths. The MMPDG will hold its next meeting in May 2026. 4.C. Liaison to MCSO and VPSD: Mark Hayes Vice Chair Hayes stated that the Board received a copy of The Villages Public Safety Department (VPSD) monthly report. Vice Chair Hayes advised that Lt. Adams has been reassigned and Lt. Christine Rodriguez is the new South Marion Station Lt. 4.D. Liaison to MCBOCC: Don Deakin Supervisor Deakin stated that at the last Marion County Board of County Commission (MCBOCC) meeting it was announced that Marion County has been recognized as the fastest growing county in the country. Supervisor Deakin read a letter into the record from Steven Cohoon, Marion County Engineer, that provided an update about the new Walmart, as information, and stated that the Board will need to consider the added road maintenance responsibility FIFTH ORDER OF BUSINESS: Old Business 5.A. Old Business Status Update Ms. Duckett provided the following Old Business Status Updates: 1. Depression at Storm Inlet on Crowfield Avenue (Cameron Villas): Mike Harris, District Property Management (DPM) Director, advised that the project has been completed and Staff is awaiting the final invoices. The project was completed under the estimated budget. 2. Storm Debris Collection; Review if costs have been set aside for storm debris collection: Ms. Duckett advised that an email was forwarded to the Board on January 26, 2026. Ms. Duckett stated there is no update to provide about FEMA reimbursement at this time.

VCDD 4 – Meeting Minutes February 13, 2026 Page 7 3. Review if e-bikes are permitted on multimodal paths: Ms. Duckett advised the memorandum has been reviewed by the MMPDG was forwarded to the Boards on January 21, 2026. 4. Review if temporary signage for Phillips Villas can be installed on CR 42 and request design plans for new signage: Ms. Duckett advised that the sign has been rebuilt by the Developer. Supervisor Deakin stated that sign is only partially complete because the commercial signage has not yet been installed. Supervisor Murphy inquired if the MMPDG discussed enforcement capabilities for e-bikes. Chair Wiener stated that he will be communicating with Marion and Sumter County about law enforcement capabilities. SIXTH ORDER OF BUSINESS: Informational Items Only 6.A. Supervisor Deakin: Amenity Authority Committee After Agenda Supervisor Deakin advised that the After Agenda from the Amenity Authority Committee (AAC) meeting held on February 11, 2026 and highlighted the following: • The Committee tabled the Award of Invitation to Bid (ITB) 26B-003 Sound Systems Replacements at Various District Locations and requested clarification about the cost of the removal of the existing system and that the specifications for the new equipment be provided to the Committee. • The Committee will hold a Workshop on March 16, 2026 at 9:00 a.m. at the Savannah Recreation Center to discuss the following items: 1. Community Watch Review - Gate Shack Staffing - Gate Arm Operations/Long-Range Readers 2. Interlocal Agreement Revisions - Financial Plan/Anticipated Timeframe 3. Determine if AAC can enact a policy to provide a refund to the residents based on the RAD Fund financial situation 4. Amenity fee cap with income projections beginning in 2027 5. Amenity Improvements 6.B. DPM Monthly Report The DPM Monthly Report was provided to the Board as information. 6.C. Village Community Development District No. 4 Public Hearing Updates

VCDD 4 – Meeting Minutes February 13, 2026 Page 8 The Village Community Development District No. 4 Public Hearing Updates were provided to the Board as information. SEVENTH ORDER OF BUSINESS: District Manager Reports 7.A. GovBuilt – ARC Update Matt Armstrong, Community Standards Director, provided an overview of the new GovBuilt Architectural Review Application online submittal process and advised that the new software has streamlined communication with the residents who are now able to review their application and results online. The requirements to submit an application remain the same, and the necessary site plan information and supporting documentation can be uploaded directly to the system. Additionally, the contractor and homeowner can include an email address to be kept updated on the application progress. Mr. Armstrong advised that the system was implemented on December 1, 2025 and 2,500 applications have been received through the new online system. EIGHTH ORDER OF BUSINESS: District Counsel Reports 8.A. SWFWMD Phase II Water Shortage Order Mark Brionez, District Counsel, advised that in response to the Southwest Florida Water Management District (SWFWMD) Phase II Water Shortage mandatory water restrictions that were implemented on February 8, 2026 through July 1, 2026, Staff is presenting the Community Standards Temporary Enforcement Suspension Plan for the Board’s consideration, which establishes the temporary suspension of enforcement for specific deed restriction requirements that pertain to dead or missing sod, landscape replacement, pressure washing and surface cleaning, that would otherwise compel water use beyond what is permitted during the Phase II restriction period. Mr. Brionez advised that all scheduled or pending public hearings related to the referenced violations shall be temporarily suspended through July 1, 2026, unless lifted prior to this date, and requested that the Board approve the Community Standards Temporary Enforcement Suspension Plan. On MOTION by Mark Hayes, seconded by Don Deakin, with all in favor, the Board approved the Community Standards Temporary Enforcement Suspension Plan.

VCDD 4 – Meeting Minutes February 13, 2026 Page 9 NINTH ORDER OF BUSINESS: Public Comments Charles Vestor, Soulliere Villas, stated that he receives water and sewer through Marion County, not the District Utilities and inquired if the 5% surcharge will also be included on his water bill. Ms. Duckett advised that Staff has not been advised if Marion County will be including the surcharge. Mr. Jones readdressed the Board inquiring what the 5% surcharge will be utilized for and who is enforcing the watering activities. Ms. Duckett advised that the surcharge is additional revenue for the utilities to utilize for water conservation, information and education. Enforcement falls under the purview of SWFWMD and any improper watering reported to the District will be forwarded to SWFWMD. Mr. Jones inquired if the watering restrictions also apply to the common areas such as Buena Vista Boulevard and Belle Meade Circle. Ms. Ducket advised that water restrictions have been placed on those areas as well. TENTH ORDER OF BUSINESS: Adjourn The meeting was adjourned at 2:43 p.m. On MOTION by Cary Sternberg, seconded by Don Deakin, with all in favor, the Board adjourned the meeting. Kenneth C. Blocker Cliff Wiener Secretary Chair

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Discuss anything, drop him off. Good afternoon everybody. I'd like to call the District four Board of Supervisors meetings for February 11th, uh, 2026 to order. We'll rise roll call shows that all supervisors are here. 13. So pardon? 13th. Oh, 13th. What am I looking at? It says, oh, I'm looking at the meeting. Okay, nevermind. 13th, thank you. First on the agendas will rise for the place of the flag and remain standing for a moment of silence for our first responders and military personnel. I, United States of America with liberty for all. Thank you, please. Okay. Um, thank you for everybody that is here. 1, 2, 3, 4, Baby. Bye. Thank you guys for showing up. Our meeting is being recorded, so hopefully people will go online and watch it. Um, next on the agenda is opportunity for anybody to come before the board with public comments. So if you have anything you want to bring before this board, please step to the podium, state your name and address, and you'll have three minutes to tell us your issue. Going once, going twice gone. So we'll move on. Okay. Next. New business. Approval of the minutes from our last meeting. I make a motion to approve. Second. Any discussion? All in favor? Aye. All opposed? Approved. Okay. Next is the exception of our audit report. Yes, sir. Mr. Dishman will, um, present this audit report and introduce our auditors. Good morning board members, uh, Tyson Dishman, district Finance. Uh, so today we are seeking the board's acceptance of the audit report for fiscal year 24 25. Um, the fiscal year ended for us September 30th, 2025. And subsequently since then, we've been working for this audit report. Um, before I switch it over and give it to Purvis Gray here in, in a moment, just wanna hit a few key things. Um, so we here in accounting are responsible for the preparation of reports, and Purvis Gray is responsible for providing their opinion on those reports. Um, we have worked, um, on providing these reports and the format, uh, conforms to gap accounting. Um, here's some of the highlights from the fiscal year report. Um, for this past year, we had $4,251,130 in revenue, uh, for our expenditures for the year, it was $4,150,850. Overall, um, we contributed a positive amount to the fund balance of $100,280. Um, during this time period, we also made sure that we, uh, met our reserve policy, which is 35% of revenues and four months worth of expenditures, and we've met that reserve policy for this year. Um, lastly, I would like to thank governments purchasing for negotiating contract budget for reviewing the fiscal year continuously. Um, the operational teams, DPM Decompliance for their help in preparing these reports, uh, the accounting team for reporting the transaction, the district clerk for, uh, pulling the agendas together and helping to upload the information, uh, and district management for providing us the tools to make this all necessary. Um, with that being said, I'm gonna hand it over to Helen Painter, who is the audit partner from Purpose Gray, um, so she can provide her insight. Good afternoon board supervisors, Mr. Chairman, uh, Helen Painter with Purpose Gray Company. And, uh, thank you for having us, uh, here today to present the September 30 25 audit report. We've put together, um, a, uh, quick PowerPoint to hit some highlights. Um, your audit team consisted, uh, of a large staff of auditors from all different levels. And, uh, with me today is the audit director, Katie Eno. We even have an IT auditor also that looks at your IT operations for cybersecurity, et cetera. Uh, we also would like, uh, to thank Ms. Ne Norris, your finance director, and you now have an assistant finance director with Mr. Dishman, uh, and their staff for having all of the, um, audit records ready for us when we came on site. We come in the month of July, August, uh, and do all of our planning, and then we come back in December after the accounting records are closed. Uh, and they're prepared for us. And so, you know, this is very timely. February was the next meeting after everything was completed. And so we're here to present, uh, today. Um, what did we do as part of your audit team? Uh, we performed the audit procedures and we give an opinion on the financial statements. And we have issued an unmodified, excuse me, clean opinion on the financial statements stating that after we performed the audit, we found no issues. The financial statements were accurately stated. All the required disclosures that, uh, the government accounting standard boards require are also included. So we've issued, uh, unmodified opinion. We also are required to look at the internal controls to make sure that, uh, district four is only spending funds on approved funding, uh, that all the invoices are reviewed by more than one individual. There's a whole, uh, purchasing cycle that they go through. We confirm the revenues to ensure that you've collected all the revenues, especially those that are on the tax roll coming through. So that is part of it. And then of course, we make sure that, uh, the debt payments are made timely and that you have enough special assessments coming into the future to make sure that the debt will, uh, be paid off in entirety. So we had no, uh, findings or questioned costs. Uh, you also have a very nice investment portfolio, and you have an investment committee that has strong oversight on the, uh, mix of investments that you have to often optimize investment earnings. Uh, you also have to be in compliance with the statutes, making sure that you are only investing in those type of investments that are allowed by Fortis Law. And, uh, there was no issues with that. And, uh, the auditor general required us to look at, uh, many things including, uh, your financial conditions. You have special reporting because you are a special district of the state of Florida under Chapter one 90. You know, you're not a county government, not a school district, not a municipality. You're a special district that is allowed by the state. Uh, the state wants you to have even further transparency with your reporting, and they require, um, information on what was your special assessments, what is your outstanding bond balance, and if you had any capital projects that are budgeted to be more than 65,000, and you did have some, uh, pretty large capital projects this year with mill and overlay on some roads, uh, we would have to disclose to you if we had any disagreements or any difficulties, uh, in performing the audit and know we were able to, uh, timely wrap up the audit procedures. So the, some of the significant financial transactions that occurred during the year was, uh, various roof replacement projects, uh, and the mill and overlay for a total of about 685,000. And for the mill and overlay, because that money is set aside, uh, and committed for future row repair, we ensure that the monies, uh, spent on, that came out of your, your special committed, uh, repair, replacement for Rhodes, uh, fund. And, uh, so that was properly utilized. And again, um, you know, overall, and, uh, just like Mr. Dishman was saying, you did, uh, meet your reserve policy requirements. So lastly is the, wanted to point out, this is in your statement here, and I just wanted to, uh, briefly go over this. This is your budget and actual general fund for the year, and you're getting ready to go into budget season for the 26th, 27 year, if you can imagine. And this of course, uh, accountants, auditors are historical. And so we're just verifying to you all that what you all agreed to, uh, during your prior board meetings that, uh, uh, actually did happen. And you'll see that, um, your, you had budgeted 4.2 in revenues, and that's pretty close to what you expected. Uh, some of the other income adjustments were for fema, uh, you, but that's supposed to come in this fiscal year, the FEMA dollars. And of course you had, um, originally budgeted 4.2, your amended budget was 4.6, your actual is 4.1. So you were 500,000 under budget, a very good year. A lot of that sometimes depends on the timing of capital projects. But, uh, so you all had a very good year and, um, hopefully everything will go well again in, in the next year. And in the current year that you're in, again, we, we'd like to thank the board of supervisors. We appreciate us, uh, having you as your audit firm. Uh, we send, uh, we make inquiries with, uh, your, your chairman, and, uh, we work with management and we report to the governing board. So this is, uh, a good conclusion to the audit for the year ending September 30th, 2025. I am happy to address if you have any questions about the audit report Board. Anybody have any questions? Hearing none. Thank you. Uh, we need a motion to approve. I move the report. You got who second it, Kerry. Okay. Thank you. All in favor? Aye. All opposed? Okay. Thank you very much. Okay, Thank you all. Okay, next is, um, investment portfolio rebalancing of, oh, Jennifer's there. Good afternoon board Jennifer Leon Finance here to, um, bring back to you your, um, Rebalancing of, of your portfolio. I believe in December we had a discussion regarding, uh, your rebalancing and, uh, we decided to come, go and, um, uh, bring some more information to PFM to tweak it a little bit more. So, um, you can go to the, uh, second Graph. Yes. Uh, That one, the allocation update. Absolutely. Yes. There we go. Thank you. The second page, oh, I'm sorry, the third page. Apologize. So, um, what we've, uh, we went to PFM and we actually provided them with some additional information regarding your capital, um, assets, um, and just your reserve transfers. And the main difference between, uh, this, uh, allocation and the other allocation that was provided earlier was that the, um, The Florida fit and the Florida, um, local government investment trust, which is the 482,000 and the million 16,000, they had allocated that out to use for your more liquid portion to utilize that, um, for your, your current, um, expenditures. Um, and then had had another 500,000, um, input to your LTIP, which, um, going back, um, I thought it was not something that was doable because we couldn't put another half a million into your, uh, non-liquid assets. So we went back to them and we basically said that we were going to allocate, uh, 49% of, uh, your, uh, to your short term allocation by utilizing your, um, maintenance assessments, your current maintenance assessments coming in, and then also to leave the Florida fit, um, balance as it is or allocation as it is. And then your Florida government investment trust as it is. And basically the reason being is because you're in a, um, declining interest rate environment and those local government investment pools, uh, hold that higher interest rate. So they're, they're holding those terms out longer, so you can earn some more interest there. Um, and then the local, um, excuse me, your long term portion, you would drop in about another 60,000, uh, in that, uh, in that, uh, that pool. So, but you're basically utilizing your maintenance assessments coming in for your more liquid, um, portion to be able to pay your, your expenditures for the year. So that was the main difference between the last allocation and this allocation, and I felt more comfortable with that. Now, I, I did have some conversation with Mr. Murphy regarding this presentation because if you look at the beginning of the 3 million, I think that says 3,034,000, that was at the end of September. The difference, um, between the 3 million and the 4 million is your assessments coming in. So that 7 million is basically at the peak of you all receiving your receipts, which, um, in reality you don't always have 7 million in your account. So, um, we are working with PFM to kind of have more a progressive, uh, outline of how your cash allocation would work during the year, but this is really just outlining what we're gonna use to pay your, your expenditures for the year, but then also, um, uh, basically making an additional deposit for your long term of 60,000. So that's what we were trying to, um, to establish here. So operationally we know what we have to be able to use your expenses. So, um, I'm here to answer any questions that you might have. Any questions board, I'm sure Mr. Murphy. Yeah, I know. Have a couple. As, uh, as Jennifer indicated, uh, that $7 million number, you know, as a board, if you look at that, you think we got 7 million and we don't and never will. Okay. So the utilization of that number was a concern to me. Um, the maximum we would ever have is 4 million, and that number immediately starts to decrease as bills are paid throughout the year. So the 3 million is as of September as it shows there. And, um, you know, as we go throughout the year, that number gets smaller and smaller. Really the only number on there that, uh, holds, um, anywhere near like it's shown is the LTIP, which is the long term investments. Uh, all the other numbers would decrease, uh, as our bills are paid and our actual money available decreases. Uh, the one that, uh, I'm a little concerned with is the palm term. Um, now they're showing 1,000,005 there and, uh, that'd be okay if we had it, but we don't. So, uh, that, that fund requires a million dollar investment to even get into it minimum. And I'm, I'm not sure we're ever going to get into palm term. Uh, it's a possibility, but I suspect it may never happen. And, um, they've been, you know, shown that to increase up to about 21% of our total package. Um, as a board member, I, I don't believe we'll ever get there. Uh, but if we do, uh, we have to go in with a million dollars out of the money that we will have. And the 3 million shown there is probably what we may get up to 4 million, but 3,000,005 is probably we're gonna start off with in decreasing. So I'm not sure we'll ever have that million dollars available. Um, I think the effort there is is pretty good to, uh, keep an eye on the various funds as the investments, uh, change. Um, some of the changes like between palm and class are, are only moving between them one and 2%. And, uh, the fit fund there're up up in the 5% range. So I'm not sure where that's going to take us as as a board member, but, um, we'll, we'll keep an eye on it. There's, uh, a lot of information relative to all the Florida funds, you know, the palm and the trust and the fit, and, uh, they all have different people that run the funds and they all have, uh, different investments that they make. Now, when the investment advisory committee meets quarterly, uh, primarily what, uh, that that group is doing, um, is looking at the investments in the LTIP long term, and PFM really manages that, um, breakdown of how those investments are made. Uh, the other investments are pretty much submitted in, uh, actual amounts, uh, by the district. And then PFM will decide once they get those amounts of money, uh, the best way to invest in, to get us the best return. So, um, that's my, uh, my only concern about if somebody sees that they're, you know, and it's gonna be public record when it's posted, and they're gonna say, what are you doing with $7 million? And they're not gonna understand that, so, but, uh, we're good with it. Right? No, this, uh, and, um, note that the 7 million is at the peak of your receipt and it's really from an operational perspective, Well, you say the peak of our receipts, we only get $4 million in receipts. Well, all of your, uh, throughout, um, December and March, you're collecting your tax collection, correct? You are spending them down. Yeah. So, but like, if you look, I mean, I, I realize this is just like one point in time, but collectively you're receiving another 4 million in receipts. So operationally, if you just look at like Florida class, Florida Palm, we're saying that we're gonna utilize the mo majority of the money coming in in those lgs we are spending them down. Um, but to utilize those funds that's in your more liquid assets because you can't allocate those other funds down to your more, uh, non-liquid assets. And that's what we are just trying to show here. Again, we're working with PFM to show this more progressively, uh, like you said, Mr. Murphy, that's a more realistic, um, total that you're gonna see throughout the year. We just have to get there. Right now, this is just a Snapshot, but when, when you say operationally and, and I'm comfortable with that 'cause that's my background, uh, you're never gonna see that $7 million anywhere at any point time. I understand where you're coming from. Yes, sir. Oh, okay. Yes sir. And I'd hate to have a citizen see that and say, why are you asking for more increases in our bond, you know, in our debt? And if you've got $7 million, you obviously don't need it. So, um, uh, I just, and again, I understand where you're coming from, but it, it paints a picture that could be misleading to the public. And we are working with PFM to make this presentation a little bit more progressive so that it has more of your cash balances throughout the year versus that peak of, of ance Assessment. How about the palm term though? How are you, uh, you know, you're showing a 20% increase in that. Um, So you, you are absolutely correct. We need to monitor that. Yeah. They do have term that are like three, three months, four months. Yeah. Uh, six months. Right. So if it is allowable, um, based on spending trend and you have that million dollars to input in, in there, then we will. And, um, you know, of course the main objective is to make sure that you have safety, liquidity, and yield. And so we wouldn't put that into your palm term unless, um, we knew that you didn't need those monies right away. But again, you don't, they have the term limits or the term, uh, three months, four months, and six months. And that's what I would keep it to Because the two different funds, two different funds in, uh, palm as, as you've shown there. Yes, sir. But the palm term is very restrictive. So I, I just question why we'd be looking at the potential of, uh, increase putting a 20% in It and that that's to, to be able to see if you could pick up some additional yield. Okay. If, if you could Yes, sir. If You could. Alright. That's right. Thank you, Mr. Chairman. Anybody else? I, I have a question kind of tied in with this, but probably more appropriate to talk about when we get to our budget workshop. But this year this board expressed a desire to, um, put, um, reflective pavement markers on our cart pass, and it was gonna cost around $14,000. And it was a safety issue that we were trying to obtain, and we decided not to do it this budget year because of all the challenges we're having. And I, I want to be sure that we keep that on our radar when we're doing these other investment things, some of which are short term and some of which are long term. So that we can say doing safety as soon as possible is more important than having $14,000 sitting somewhere in an investment so we can reach a required threshold. And, uh, so I, I'm really concerned about some of the sacrifices we're making because of the challenges we're facing, and then we're still focusing on the investments. Okay. Well that will be something we will be discussing at a bunch of workshops Though. Yes. Right? 'cause that's what we said we were gonna do. Any other questions for Jennifer? Nope. Okay. Thank you. Uh, uh, could I receive an acceptance of your, all of the allocation? Okay. Yeah. Do, could I get a motion to accept this move? Second. All in favor? Aye. Aye. All opposed? Okay. I think you're still up. I am. I can find my notes. Good afternoon again. Board Jennifer Leonard Finance here to give you your financial overview of your actuals. Um, as of December 31st, uh, 2025, your year to date, budgeted revenues are at four, um, 0.3 million for the year. Included in that amount, of course, is your budget and maintenance assessment of 4,055,000. The board approved a 3% maintenance increase for your fiscal year, 20 25, 26. Uh, the district collected 784,000 in December, which is exactly 3% more than what you collected last year. So given that you did a 3% maintenance increase, your collection rate is about the same as last year. And then looking ahead in January, you received a good, uh, payment of two, um, million 457,000. Uh, so that leaves about 781,000 left to collect for the year, or at 18% of your budget assessment, budgeted assessments. Um, your investment earnings were at 32,000. Um, that is 21% of your budget. Um, of that 25,000 was realized, uh, for your operating expenses, your budgeted at 3,425,000 for the year. Your target, um, percentage for this time of year is 25%. Um, and the district spent 506,000, you're still running under budget. Um, your utilities looks like that's the closest line item that's running around target. Um, the outlier is of course, your other expenditures, um, which is your insurance renewal. That was paid at the first of the year in full. Um, all others are running below, uh, mainly due to, uh, just a delay in processing in December. Um, but you do catch up in January, and I'm seeing, um, a lot of your expenses, uh, towards storm water, uh, pipe inspections coming through. Your capital outlay, um, is at twelve ten two eighty eight. It's mainly for mill and overlay, but you did complete that roof, um, uh, replacement project of a 178,000. You did re meet your reserve requirement, um, this month, which is great because remember last month you didn't meet it. Um, but this month you did. So that's great. And, um, your budgeted, just so you know, that your budgeted, uh, reserves for this year are 855,000. And that's all I have for you. I have a quick Question. When you, when you started out, you said year to date revenues total for 400,000. Well, it's 800,000. Oh, I'm so, Um, sorry. 838,474. I apologize. Maybe I missed that. Budget Revenue, Uh, budget revenues in total of 4 million, 300,000. I'm sorry if I misspoke. And then, um, year to date is at 838,000. There you go. Thank you. Yes, sir. I'm sorry. Anybody else? Okay. Thank you, Jennifer. Thank you. Okay, next on the agenda is supervisor comments. Gary, do you have anything? Um, no, not at this time. Thank you, Don. I have more of a question than a comment. Um, we're getting a lot of inquiries about the artificial term, um, law that's come out of the state of Florida. And, uh, I know that, uh, our legal counsel was going to look into this. Uh, where are we at on that? So the law that was adopted is not yet in effect, because essentially what it says is that there are gonna be these restrictions or removal restrictions on use of turf, but only after the Department of Environmental Protection provides for some standards that need to be followed for that, that hasn't happened yet. So we don't know how soon they'll come through with No, and there's also current legislation that, uh, seeks to exempt c DDS from that provision. So it's very early though. So we're wasn't That though for HO eight or was it for no special district's Office? Which one? The, the old law or the one that there's proposed now? The one that they're proposing, the one that they're proposing is to exempt c dds. Okay. So the short answer is, although there's a law, there's nothing, um, that needs to be done at this point because there's been no rule developed by the Department of Environmental Protection. Okay. Um, Don, is that it? Yes. Okay. Jim, the only one I had was the, um, the changes coming along here affecting Marion County. Uh, doesn't affect our board direct, but it affects our people again. And, and it has to do with the whole issue of, uh, AEDs that are here in our district because we're part of Marion County instead of the rest of villages. And, and some of the changes are gonna go about that if, um, we have a board member here who can talk about it, if you'd like Mr. Chair, we can just pass on it, just to be aware

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