Middleton Community Development District - A

MINUTES OF MEETING MIDDLETON COMMUNITY DEVELOPMENT DISTRICT-A A meeting of the Board of Supervisors of the Middleton Community Development District-A was held on Thursday, May 7, 2026 at 4:30 p.m. at the Olympia Recreation Center, 1210 McPherson Terrace, The Villages, Florida, 32162. Board members present and constituting a quorum: Joe Ricciardi Chair Brandon Matulka Vice Chair David Rees Supervisor Lane Munz Supervisor Brandie Rush Supervisor Staff Present: Kenny Blocker District Manager Mark Brionez District Counsel Brandy Cook Budget Director Matt Armstrong Community Standards Director Chris Ryzoc District Property Management Assistant Director Candice Harris Deputy District Clerk Jesse Andrews Assistant District Clerk FIRST ORDER OF BUSINESS: Call to Order 1.A. Roll Call Chair Ricciardi called the meeting to order at 4:30 p.m. and stated for the record that all Supervisors were present representing a quorum. 1.B. Pledge of Allegiance Chair Ricciardi led the Pledge of Allegiance. 1.C. Observation of Moment of Silence Chair Ricciardi 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.

Middleton CDD-A Minutes May 7, 2026 Page 2 1.E. Audience Comments There were no audience comments. SECOND ORDER OF BUSINESS: Law Enforcement Quarterly Updates Lt. Perry, Wildwood Police Department (WPD), stated there have been no major incidents within the Middleton CDD-A area during the last quarter and advised that the WPD will be holding a Memorial Day event on May 20, 2026 at the Wildwood Community Center. THIRD ORDER OF BUSINESS: Consent Agenda Chair Ricciardi advised the Board that a motion to approve the Consent Agenda is a motion to approve all recommended actions. All matters on the Consent Agenda are considered routine, and no discussion is required unless desired by a Board Supervisor or a member of the public. On MOTION by David Rees, seconded by Brandon Matulka, with all in favor, the Board took formal action on the following items: 2.A. Approval of the Minutes for the Meeting held on March 12, 2026. 2.B. Acceptance of the Quit Claim Deed for Middleton Unit No. 3A from The Villages Development Company, LLC. 2.C. Approval of the Right-or-Way Deed for Middleton Unit No. 3A with the City of Wildwood and authorized the Chair/Vice Chair to execute the document. 2.D. Approval of the Perpetual Utility Easement with Sumter Elective Cooperative Inc. dba SECO Energy and authorized the Chair/Vice Chair to execute the document. FOURTH ORDER OF BUSINESS: New Business 4.A. Fiscal Year 2026/2027 Budget Review Kenny Blocker, District Manager, advised that Brandy Cook, Budget Director, will present the Fiscal Year 2026/2027 Proposed Budget. Staff is not recommending any increase to the maintenance assessment levels for the upcoming fiscal year. Fiscal Year 2026/2027 Recommended Revenues: Brandy Cook, Budget Director, advised that the Fiscal Year 2026/2027 Proposed Budget maintains the maintenance assessments at the current level. Interest/Other Revenue increased by $51,850 due to the addition to the Fund Balance for a total Operating Revenue of $3,326,654. The

Middleton CDD-A Minutes May 7, 2026 Page 3 contributions by the Developer increased to cover the Deed Compliance services and there is an addition of Working Capital of $589,490, reflecting total revenue sources of $2,778,164. Fiscal Year 2026/2027 Recommended Appropriations: Ms. Cook advised that the District’s Middleton Project Wide Fund (PWF) allocation is budgeted at $2,320,341; Repairs and Maintenance are budgeted at $58,720; Other Operating Expenditures are budgeted at $50,792; Professional Services are budgeted at $309,928; Utilities Services are budgeted at $11,750 and Stormwater Management Fees are budgeted at $26,633. Ms. Cook further reviewed the appropriations comparison with the Board, stating that the total appropriations reflect a decrease of $362,296 or 12%. Management fees decreased $27,669 based on the allocation methodology; Irrigation Water decreased $7,000 due to the current and projected activity; Landscape Maintenance – Non- Recurrring decreased $11,500 as fewer plant replacements are planned for the upcoming fiscal year; Gate Maintenance decreased $8,248 due to the reallocation of several gate expenses and the Middleton Maintenance Advisory Committee (MMAC) Fees decreased $323,456 due to the cost allocation schedule, contract decreases and one-time project costs that occurred. Ms. Cook advised that the Middleton-A PWF allocation is based on the District’s assessable acreage at $2,320,341. Five (5) Year Projected Budget: Ms. Cook reviewed the five (5) year budgeted revenues and appropriations advising the Total Revenue reflects $2,778,164 for Fiscal Year 2026/2027 and $3,253,496 ending Fiscal Year 2030/2031. Working Capital/Reserve Balances: Ms. Cook advised the current Fiscal Year will result in an ending balance of $ 974,875, with Fiscal Year 2030/2031 ending balance of $2,627,540. Once the Working Capital Balance exceeds the four (4) month operating target balance, Staff would recommend the District establish a General R&R Reserve. Maintenance Assessment Direction: Ms. Cook reviewed the following maintenance assessment options: • An additional 0.12 acres was added to the total lot acreage due to final plating/development. To maintain the same level of revenue, Units 3, 6, 7, and 9 would receive an increase to their maintenance assessment rates.

Middleton CDD-A Minutes May 7, 2026 Page 4 • A decrease of 3.31% or $112,329 would adjust the maintenance assessment rates so no units receive an increase for Fiscal Year 2026/2027, which would be Staff recommendation. • No change to the maintenance assessment for Fiscal Year 2026/2027 will result in required notification for 386 lots across Units 3, 6, 7 and 9. The Board provided concurrence to proceed with the decrease recommended by Staff of 3.31%. Debt Service Funds: The Debt Service Funds were provided as information. Next Board Action: Ms. Cook advised that that the approval of the Proposed Budget will be presented to the Board at the Board Meeting held on June 11, 2026 at 4:30 p.m. FIFTH ORDER OF BUSINESS: Old Business 5.A. Old Business Status Update There were no Old Business items to be addressed. SIXTH ORDER OF BUSINESS: Informational Items Only 6.A. Financial Statements The Financial Statements as of March 31, 2026 were provided to the Board as information. 6.B. DPM Monthly Report The District Property Management (DPM) Monthly Report was provided as information to the Board. 6.C. Assessment Presentation Unit Nos. 3A and 3B The Assessment Presentation Unit Nos. 3A and 3B were provided to the Board as information. 6.D. Semi-Annual Deed Compliance and ARC Statistics The semi-annual Deed Compliance and ARC statistics were provided to the Board as information. 6.E. Registered Voters as of April 15, 2026 Per the Sumter County Supervisor of Elections Office, the number of registered voters within Middleton CDD-A as of April 15, 2026 was 1,396.

Middleton CDD-A Minutes May 7, 2026 Page 5 SEVENTH ORDER OF BUSINESS: District Manager Reports Mr. Blocker advised that each Supervisor has received a hard copy of the District’s Annual Report. This document is provided annually to showcase the achievements of the Boards, in partnership with Staff. EIGHTH ORDER OF BUSINESS: District Counsel Reports There were no District Counsel Reports. NINTH ORDER OF BUSINESS: Supervisor Comments There were no Supervisor Comments received. TENTH ORDER OF BUSINESS: Adjourn Chair Ricciardi adjourned the meeting at 4:15 p.m. Kenneth C. Blocker Joe Ricciardi Secretary Chair

I'm about to get started. Let's get the meeting started. Hello, everybody. We have a full group here, so we're ready to roll. Let's stand up for the pledge of allegiance, please. I pledge allegiance to the flag of United States of America and to the Republic for which it stands, one nation under God, indivisible, with liberty and justice for all. Moment of silence, please. Thank you. I'd like to welcome our meeting attendees. Thank you for coming today. We have a special guest, Chris Price, who is going to be on the Middleton BD board. So he wants to see how we operate, so he can know how to do it right. Chris, thanks for coming. Thanks, Joe, for inviting me. You bet. I guess no other comments from the audience. Law enforcement quarterly update, please. We have our representative from Wildwood PD here with us this afternoon. Thank you for being here. Give us an update. Well, thank you for having me. You bet. I'm Lieutenant Perry with Wildwood Police Department. Once again, thank you for having me here today. I don't have much for you, which is always great. Yeah. There was no major crimes reported in the Middleton area during the last quarter, which is always a good thing. So, that's pretty much your update. One thing I did want to bring up is, as far as the community goes, community outreach, we have an event going on Memorial Day, which is May 20th, at the Wildwood Community Center located off of Powell Road. I got a flyer here that I'll pass around. You're welcome to take a picture. There's a QR code on it. You can scan it if you would like to have that information to participate in the event. All right. Thank you. Can we keep it, have a third- Absolutely. Okay. That would be fine. Does anybody have any questions? Any questions? Nope. All right. We're all set. Thank you, sir. Yeah. Perfect. All right. Appreciate it. Thank you all. Appreciate it. All right. Next up, consent agenda, a motion to approve all on the agenda, please. Motion to approve. Second, please. Second. All in favor? Aye. Aye. Thank you. Motion passes. New business, budget review. Yes, Mr. Chairman, Supervisors. So, as Ms. Cook is walking up, she's going to go through the preliminary numbers for the budget. As you, I'm sure, have already looked and reviewed it, we are not looking at any maintenance assessment increases for this coming budget year. It's pretty much status quo. There were some minor tweaks. I don't know if she got them done in time to present it. It was negligible impact onto the budget. But in any event, in June, we'll come back and approve the tentative budget, so we need to make sure we have a quorum at that meeting. And then, of course, in September, we pass the final budget. So, Brandy? Thank you. So, good afternoon, Brandy Cook, Budget. So, I'm here today to present the Middleton Community Development District A Fiscal Year 2026-27 recommended budget as prepared by staff. First, to review the revenue as compared to the 2025-26 amended budget. For 2026-27 recommended budget, you'll see that at this point, we have no change to the maintenance assessments, so they'll remain at $3.2 million. Your investment income is an increase of $51,000, as we've seen in addition to your fund balance, so we're earning a little bit more money in those reserves. For a total operating revenue of $3,362,000 for this fiscal year. We also have contributions from the developer of $5,000, which are to cover the deed compliance services in the area. And there's an addition to the fund balance of working capital of $589,490 this fiscal year for total revenue sources of $2,778,164. Looking at the appropriations, you'll see that your MMAC project-wide fees are the majority at 84% of your total budget. We also have some other items for professional services at about 11%, other operating repair and maintenance services, utility services, and then finally, your stormwater management fees to make up the entire appropriations for 2026-27. Looking at the 2026-27 appropriations as compared to the 2025-26 amended budget, we do have an increase to the other operating expenditures of $10,000 for this fiscal year. We have a decrease of $23,000 for professional services, a decrease of $4,000 for utility services, a decrease of repair and maintenance for $20,000, and your Middleton MMAC project-wide fees are a decrease of $323,000, and then the stormwater management fees are a decrease of $637,000. So our total appropriations compared to 2025-26 are a decrease of $362,296 or 12%. To look at what some of those variances are at the line item detail, you'll see that we do have a decrease in your management fee allocation. So the allocation is based on 8% of the overall operating budget. Your irrigation water is decreased $7,000 based on the activity that we've seen, as well as projected rate increases of approximately 3% for the upcoming fiscal year cycle. Your landscape maintenance, non-recurring, decreased $11,000, as those are for plant replacements and tree trimming, and there are fewer plant replacements planned for your 2026-27 budget cycle. Gate maintenance has decreased $8,000 due to reallocation of several gate expenses that were previously in this line item and have been moved to more appropriate accounts. And then we have your Middleton MMAC project-wide fees, which are decreased $323,000. As you know, you had some one-time projects in the current fiscal year budget, including camera installations, water guzzlers, and dog parks, as well as geologic anomaly. And so those are one-time projects or costs that are not going to be recurring into the next cycle. We also had some contract decreases, as during the 2025-26 budget cycle, they were not under contract. We have since put the janitorial services as well as your pool maintenance under contract.So we did see some decreases once we were able to successfully move through that process. And then everything is, of course, based on that cost allocation schedule. So for the Middleton Project wide allocation, it's $2,323,341 for the '26, '27 recommended budget. That's an allocation decrease of 323,456 or 12%. And the assessable acreage for Middleton Community Development District A is 543.16 acres, which is 87.19% of the overall project wide fund. So you definitely are the biggest portion. So looking at your five-year outlook, if we maintain your maintenance assessment at the same level, we do have some slight increases in your investment income as we see a continued growth in your fund balance on that working capital line item. And then the contributions from developer maintain based on the deed compliant services. So in current '26, '27, it's a total sources of $2.7 million growing to $3.2 million by the time we reach '30, '31. And those are to pay for the appropriations over that five-year term, which include your personnel and operating, professional services, utility services, repair and maintenance, of course, the Middleton Project wide fees, and then the stormwater management fees. We've looked at all of the contractual obligations for your district and made sure to include anything that's in the language of those contracts. And then for inflationary purposes, we've utilized a 3% increase over that five-year period. So your total appropriations, again in '26, '27, are $2.7 million, growing to $3.2 million by the time we reach '30, '31. Looking at the fund balance of your district. So in '25, '26, we are looking to end the year at just under a million dollars. And based on those additions to your fund balance each fiscal year, by the time we reach '30, '31, it would be at $2.6 million. And staff is recommending that we look at establishing a general R&R to start putting away some additional reserves so that should you have anything outside of the normal operating expenditures, that we would have money set aside to make sure that we were able to fund those projects. This is of the same numbers, however, in graphical form, and you'll see that the fund balance, which is the bottom line, is gradually going up, which is a nice steady increase. And you'll be able to continue funding those projects through that term. Next, we have some maintenance assessment direction, or maintenance assessment options, where I'd request direction from the board. So there was an addition to the acreage for this fiscal year. So the total lot acreage, due to this increase, maintaining at the same level of revenue, we would have three, six, seven, and nine units would receive increases to their maintenance assessments for '26, '27, which would receive those notifications. If we went with a decrease, so we have calculated that there would be a slight decrease, and this is a slight change from what you see in your packet. But it's at 3.31% decrease, which would be $112,000 less revenue each fiscal year, which would adjust those maintenance assessment rates so that no one would receive a notification, so that you would still be at a 0% increase for any individual residents. And then if you did go with no change, then that would be 386 lots across those units, three, six, seven, and nine, who would receive those notifications. So looking at this option, you'll see that by the time we reach '30, '31, it would be about 2.1 million. And if we go back a couple slides before, it was about 2.6 million. So you really are only losing about that $500,000 over that five-year period. And you have a little bit less fund balance by the time you reach year five, but you are still very well above that three to four-month minimum, which is approximately for four months, approximately $1 million. So we would still definitely look at putting together a general R&R reserve for your district. But this would have no future maintenance assessments in that five-year period. So I request direction at this point if you would like to either maintain the maintenance assessments at the level they are or go with the decrease recommended by staff at 3.31%. So you can see, certainly these are all forecasted numbers that we look out over five years to kind of give you a look. But if we go with the recommendation, we don't have to notice anyone. There was a few of those lots you saw that we would have to slightly increase. If we balance it out and just take some off the top, so to speak, and then keep everyone flat, then we wouldn't have any notice of maintenance assessment increases. I think as you look on the years out, there's really not that great of an impact. There was a few hundred thousand dollars. But I think for the majority of everyone, I think they would look at this and say we're still in a pretty solid position over that five years, knowing that we can be nimble and may have to change in the out years. These are certainly forecasted numbers, but we try to do a pretty good job of looking at all our contracts, what those increases are over the several out years, and then making some good faith assumptions. So we just need the direction. Do we come back with just a flat maintenance assessment or a slight decrease, as Brandy showed you, so no one gets any notices and everyone should be good to go. Any thoughts, comments, questions on that topic? I'm fine with the option one of no increase. Anyone else? Brad? Yeah, I guess I would be in favor of making sure that nobody gets the increase- Right ... and doing the slight decrease. I think that, like you said, we're still hitting the goals of being fiscally responsible and kind of looking out- Right ... for everybody in the community as well. That's right We've only had one- We had that one year- One ... we had to make a large increase. Since then, we've been pretty steady with not having to have any- Yeah. I was just thinking, the only issue I see is those units weren't around when we made that increase. So one, two, four had an increase, and three and five haven't. That's right. But there's pretty much nobody in seven and nine right now, I don't think. So I'm fine with the recommendation. Sounds like we're all in favor of that. We don't need vote outs, right? It's just- No, just give Brandy direction- Just direction ... that when she comes back next month, that's what she's going to present for the preliminary budget. Okay. Yeah. We support the recommendation. We'll come back at your June meeting. Apologies. We'll come back at your June meeting with that slight decrease so that none of your maintenance assessments have an increase for the fiscal year. Perfect. Based on those final planning adjustments. I believe this presentation had the updates from- It does have an update, yes. Okay. So then finally, we have the debt service funds for your district. So of course, you have your 2024 assessment, and you see that we have the revenue based on the amounts paid by each of the residents from their amortization schedules, and then the expenditures, which of course, are for the principal and interest for each of those bonds, and they are both performing as expected. So we will come back at your June 11th regular meeting, at which point we'll present the proposed budget for fiscal year '26-'27 and the maintenance assessment rates with that slight decrease. We'll then come back in September for you to actually adopt your budget. When we come back in September, any changes to the maintenance assessments cannot go above what is adopted in your June, so you could only go down from that point. So you would be at that slight reduction. Great. And I'm here if there's any questions. Any questions? All right. Thanks for the presentation. Well done. Thank you. All right, I don't think we have any old business to cover. No, sir. So informational items. If you have any questions, we certainly can answer those questions for you. Any questions on any of the informational items that were posted? No. Okay. Seeing none, district manager report. Just to say, you have our annual report in front of you. Those are reports we put out each and every year at the end of the fiscal year, then of course, after the completion of all the audits. So we're very proud of that. It shows the community what we do each and every year and what services we provide, and it has a snapshot of everyone on the boards. So it's a nice document for us to provide to you. It's also on the website if anyone asks. It's available on the website as well. And just remember, next meeting in June, June 11th. We do need a quorum for that preliminary budget, and of course, in September as well. Yeah. So with that, I have no other comments. Thank you, Kenny. Mm-hmm. District council, any updates? No reports. No, sir? No, sir. Any supervisor comments before we adjourn? Seeing none, we are adjourned. Thanks, everybody. Thank you.

Middleton Community Development District - A Seat 1 - Joe Ricciardi, Chair Seat 2 - David Rees, Supervisor Seat 3 - Brandon Matulka, Vice Chair Seat 4 - Lane Munz, Supervisor Seat 5 - Brandie Rush, Supervisor May 7, 2026 at 4:30 PM Olympia Regional Recreation Center 1210 McPherson Terrace The Villages, Florida 34762 ____________________________________________________________________________________________ AGENDA The District encourages citizen participation in the democratic process and recognizes and protects the right of freedom of speech afforded to all. As the Board conducts the business of the District, rules of civility shall apply. District Board Supervisors, Staff members, and members of the public are to communicate respectfully. It is preferred that persons speak only when recognized by the Board Chair and, at that time, refrain from engaging in personal attacks or derogatory or offensive language. Persons who are deemed to be disruptive and negatively impact the efficient operation of the meeting shall be subject to removal after two verbal warnings. Audience Comments on all issues will be received by the Board. 1. Call to Order 1.A. Roll Call 1.B. Pledge of Allegiance 1.C. Observation of Moment of Silence 1.D. Welcome Meeting Attendees 1.E. Audience Comments 2. Law Enforcement Quarterly Updates 3. Consent Agenda A motion to approve the Consent Agenda is a motion to approve all recommended actions. All matters on the Consent Agenda are considered routine and no discussion is required unless desired by a Board Supervisor or a Member of the Public. 3.A. Approval of Minutes 3.B. Acceptance of Quit Claim Deed from The Villages Development Company, LLC for Middleton Unit No. 3A 3.C. Approval of Right-of-Way Deed with the City of Wildwood for Middleton Unit No. 3A 3.D. Request Approval of Perpetual Utility Easement - Thurston Park Recreation Center 4. New Business 4.A. FY2026-2027 Budget Review 5. Old Business 5.A. Old Business Status Update 6. Informational Items Only 6.A. Financial Statements 6.B. DPM Monthly Report

6.C. Assessment Presentation Unit Nos. 3A and 3B 6.D. Semi-Annual Deed Compliance and ARC Statistics 6.E. Registered Voters as of April 15, 2026 7. District Manager Reports 8. District Counsel Reports 9. Supervisor Comments 10. Adjourn HOSPITALITY STEWARDSHIP INNOVATION & CREATIVITY HARD WORK NOTICE Each person who decides to appeal any action taken at these meetings is advised that person will need a record of the proceedings and that accordingly, the person may need to ensure that a verbatim record of the proceedings is made, incoming the testimony and evidence upon which such appeal is to be based. Audio recordings of Board meetings, workshops or public hearings are available for purchase per Florida Statute 119.07 through the District Clerk for $1.00 per CD requested. Any person requiring special accommodations at this meeting because of disability of physical impairment should contact the District Office at (352) 751-3939 at least five calendar days prior to the meetings.