Hammock Reserve Community Development District

Meeting Agenda April 2, 2026

Hammock Reserve
Community Development District

219 East Livingston Street, Orlando, Florida 32801 Phone: 407-841-5524 – Fax: 407-839-1526
March 26, 2026
Board of Supervisors Meeting
Hammock Reserve Community Development District

Dear Board Members:
A Board of Supervisors Meeting of the Hammock Reserve Community Development District will be held Thursday, April 2, 2026 at 10:30 AM at the Offices of Prime Community Management, 375 Avenue A SE, Winter Haven, FL 33880.
Zoom Video Link: https://us06web.zoom.us/j/87023340478 Zoom Call-In Number: 1-646-876-9923	Meeting ID: 870 2334 0478
Following is the advance agenda for the meeting:
Roll Call
Public Comment Period (Public Comments will be limited to three (3) minutes each)
Approval of Minutes of the March 5, 2026 Board of Supervisors Meeting
Consideration of Resolution 2026-07 Approving the Proposed Fiscal Year 2027 Budget and Setting a Public Hearing
Option A – Increase
Option B – No Increase
Consideration of Resolution 2026-08 Relating to General Election Qualifying Period and Procedure
Reports
Attorney
Update on Haines City Violation Fines
Engineer
Field Manager’s Report
Consideration of Prince Proposal for Plant Replacement
Consideration of CSS Proposal for Seasonal Cleaning
District Manager’s Report
Approval of Check Register
Balance Sheet & Income Statement
Other Business
Supervisors Requests and Audience Comments
Adjournment

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MINUTES OF MEETING HAMMOCK RESERVE
COMMUNITY DEVELOPMENT DISTRICT

The regular meeting of the Board of Supervisors of the Hammock Reserve Community Development District was held Thursday, March 5, 2026 at 10:30 a.m. at Prime Community Management, 375 Avenue A SE, Winter Haven, Florida.

Present and constituting a quorum:
Bobbie Shockley	Chairperson
Lindsey Roden	Vice Chairperson
Jessica Spencer	Assistant Secretary
Emily Hazelrig	Assistant Secretary Also present were:
Katie O’Rourke	District Manager, GMS
Savannah Hancock	District Counsel, Kilinski Van Wyk
Allen Bailey	Field Manager, GMS
Rey Malave by Zoom	District Engineer, Dewberry
Chace Arrington by Zoom	District Engineer, Dewberry

FIRST ORDER OF BUSINESS	Roll Call
Ms. O’Rourke called the meeting to order and took roll call. Four Supervisors were present constituting a quorum.

SECOND ORDER OF BUSINESS	Public Comment Period
Ms. O’Rourke opened the public comment period.
Resident (Nick Licata, 5732 Mast Ave) expressed concern about parking restrictions in Phases 3 and 4, stating that street widths appear similar to other areas where parking is permitted and asked what actions may be taken to address the issue. Staff advised that parking in Phases 3 and 4 would be discussed later in the agenda.

Mr. Licata also asked how meeting notices are distributed. Staff explained that meeting notices are posted on the District’s website and published in a newspaper of general circulation in accordance with Florida statutory notice requirements. Additional notifications such as emails or letters are not currently provided unless directed by the Board.

THIRD ORDER OF BUSINESS	Approval of the Minutes of the November
6, 2025, Board of Supervisors Meeting
Ms. O’Rourke presented the minutes of the November 6, 2025, Board of Supervisors meeting and asked for any comments or corrections. The Board had no changes to the minutes and there was a motion of approval

FOURTH ORDER OF BUSINESS	Presentation of Arbitrage Report – Series
2020
Ms. O’Rourke presented the arbitrage rebate report for the Series 2020 Bonds, noting that under the Internal Revenue Code the District must demonstrate that it does not earn more interest on bond proceeds than it pays on the bond. The report included in the agenda packet shows a negative arbitrage amount confirming the District’s compliance.

FIFTH ORDER OF BUSINESS	Notice of Magistrate Hearing
Ms. O’Rourke reported that the District received code enforcement violations related to builder signs and flags displayed at the community entrance and a perimeter fence damaged during a severe storm. Mr. Bailey attended the initial magistrate hearing in February. The District had already come into compliance by removing the signs and flags but was assessed an administrative fee of approximately $56. A second magistrate hearing is scheduled for March 26 regarding the fence. The fence has since been repaired and the District is currently in compliance, though a similar administrative fee is expected.

The Board discussed sending a letter to the responsible builders requesting reimbursement for the administrative fee. A motion was made to approve a not-to-exceed amount of $100 for the magistrate administrative fee and authorize District Counsel to send a reimbursement request letter to the builders responsible for the violation.

SIXTH ORDER OF BUSINESS	Consideration	of	Resolution	2026-04
Certifying the Series 2020 Assessment Area 1 Project Complete
Ms. O’Rourke presented Resolution 2026-04, declaring the completion of the Series 2020 Assessment Area Project 1. Staff noted that the District’s Engineer has certified both projects as complete, all construction funds have been expended, and final reserve releases have been processed. Ms. O’Rourke stated that approval of the resolutions authorizes staff to submit them to the Trustee to close the associated construction accounts.

SEVENTH ORDER OF BUSINESS	Consideration	of	Resolution	2026-05
Certifying the Series 2021 Assessment Area 2 Project Complete
Ms. O’Rourke reviewed Resolution 2026-05 certifying the Series 2021 Assessment Area 2 project complete. Ms. O’Rourke stated that approval of the resolutions authorizes staff to submit them to the Trustee to close the associated construction accounts

EIGHTH ORDER OF BUSINESS	Consideration	of	Contract	Agreement
with Polk County Property Appraiser
Ms. O’Rourke presented the annual agreement with the Polk County Property Appraiser
for the provision of parcel listings used to place the District’s assessments on the tax roll.

NINTH ORDER OF BUSINESS	Ratification of Data Sharing and Usage
Agreement with Polk County Property Appraiser
Ms. O’Rourke presented the Data Sharing and Usage Agreement with the Polk County Property Appraiser. Staff explained that the agreement is administrative in nature and confirms the District will comply with statutory requirements regarding the confidentiality of certain protected individuals, such as law enforcement officers and judges.

TENTH ORDER OF BUSINESS	Ratification of Proposal for Chaise Lounge
Chair Repairs
Ms. O’Rourke reported that eight pool chaise lounge chairs required repair and re-slinging. In order to have the chairs repaired and returned in time for increased pool use during the spring season, staff authorized the proposal in advance.

ELEVENTH ORDER OF BUSINESS	Discussion	of	Additional	Pet	Waste
Stations
Ms. O’Rourke presented a proposal to add three pet waste stations in Phases 3 and 4 in response to requests from residents and HOA members. A map showing proposed location was included in the agenda package.

The installation cost for the three stations is $1,770, with an additional monthly janitorial cost of $150 for servicing. Staff noted that the installation cost can be covered through the amenity contingency line item, and the ongoing service cost can also be accommodated within the current budget.

TWELFTH ORDER OF BUSINESS	Update on Phases 3 and 4 Parking
Staff provided an update regarding parking restrictions in Phases 3 and 4 following Board direction from a prior meeting. After reviewing the PUD language and construction plans, staff confirmed that the filed construction plans with the city supersede the PUD and indicate no on-street parking in Phases 3 and 4. The District Engineer also confirmed that streets in these phases are approximately four feet narrower than those in Phases 1 and 2, which contributes to the restriction.
At the Board’s request, the District Engineer evaluated the community for potential overflow or visitor parking locations. Several possible areas were identified in Phase 3, though Phase 4 does not appear to have viable locations due to limited space and surrounding lot configurations. The engineer estimated that creating approximately four to six parking spaces could cost $25,000-35,000, including engineering, permitting, and construction, subject to City approval.
Board members discussed the limited benefit relative to the cost and the potential for residents from other phases to use the spaces. The Board directed staff to prepare two budgeted scenarios for the next meeting; one including funding for potential parking improvements and one without so the Board can evaluate the impact before deciding.
Staff also confirmed that the District adopted a parking policy prohibiting street parking in Phase 3 and 4, and enforcement began earlier in the year, including towing when necessary.

THIRTEENTH ORDER OF BUSINESS	Organizational Matters
Acceptance of Resignation of Joe Braddy

Ms. O’Rourke presented the resignation of Supervisor Joe Braddy from Seat 1 and asked for a motion to accept.

Appointment of Individual to Fill Board Vacancy in Seat #1 Exp. 2028
Following discussion, Supervisor Roden resigned from Seat 5 to allow appointment to Seat 1, which will transition to a resident seat. The Board considered appointing Mr. Bill Nolen to the now vacant seat 5. Mr. Nolen was present and expressed interest in serving on the Board.

Administration of Oath to Newly Appointed Individual
Mr. Nolen was administered the oath of office and provided an overview of Board member responsibilities, including Sunshine Law, public records requirements, ethics laws, and annual ethics training.

Consideration of Resolution 2026-06 Electing Officers
The Board considered maintaining the current officer structure and adding Mr. Nolen as an Assistant Secretary.

FOURTEENTH ORDER OF BUSINESS	Staff Reports
Attorney
Ms. Hancock provided a brief update on the Florida legislative session, noting that several proposed bills could impact local governments and Community Development Districts. Counsel highlighted potential legislation establishing a recall process for Supervisors elected by qualified electors. While the current Board members were elected by landowners and are not presently affected, the provision may apply as Board seats transition to resident elections. Counsel also noted proposed legislation that could create additional processes for individuals to challenge certain local government actions, as well as updates to state contracting restrictions with certain foreign entities.

Engineer
Mr. Malave stated he had nothing new to report.

Field Manager’s Report
Mr. Bailey provided an update on recent maintenance activities. The Phase 4 fence was cleaned to remove rust buildup, and repairs were completed to the stormwater drain. The fence on Tabago Street was also repaired to address a code compliance issue with the City.
Landscape vendors continue routine maintenance and are evaluating freeze damage to plants throughout the community. Trimming has begun in affected areas, and proposals for plant replacements will be obtained once recovery is assessed.
Mr. Bailey also reported that arrangements are being finalized for the repair of damaged lounge chairs.

Consideration of Prince Mulch Proposal
The Board considered a proposal for brown mulch installation throughout the community entrances, amenity areas, and common landscape beds for $15,000, to be funded from the Landscape Replacement budget line item. The Board directed staff to delay installation until landscaping replacement needs are evaluated following freeze damage.

District Manager’s Report
Approval of Check Register
Ms. O’Rourke presented the check register for October 23, 2025 through February 19, 2026 totaling $1,546,180.97 along with the associated invoice summary. She noted District staff checked all the invoices for accuracy.

Balance Sheet & Income Statement
Ms. O’Rourke noted the unaudited financials through the end of the month were provided in the agenda for Board review and no action is necessary.

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

SIXTEENTH ORDER OF BUSINESS	Supervisors	Requests	and	Audience
Comments
Ms. O’Rourke opened the public comment period.
Resident (Nick Licata, 5732 Mast Ave.) raised additional concerns regarding the no on-street parking restriction in Phases 3 and 4, stating that his measurements of the roadway appeared inconsistent with previously discussed widths.
The District Engineer explained that the approved construction drawing specifies widths and require no on-street parking in those phases. Staff noted that the city-approved site plan explicitly prohibits street parking. The District is legally required to comply with these plans. Staff further clarified that the towing policy adopted by the District reflect the requirements contained in the approved development plans. Ms. Hancock explained that the District cannot permit street parking where it conflicts with the approved site plans.

SEVENTEENTH ORDER OF BUSINESS	Adjournment
Ms. O’Rourke asked for a motion to adjourn.

Secretary/Assistant Secretary	Chairman/Vice Chairman

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RESOLUTION 2026-07
A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE HAMMOCK RESERVE COMMUNITY DEVELOPMENT DISTRICT APPROVING A PROPOSED BUDGET FOR FISCAL YEAR 2027; DECLARING SPECIAL ASSESSMENTS TO FUND THE PROPOSED BUDGET PURSUANT TO CHAPTERS 190, 197, AND/OR 170, FLORIDA STATUTES; SETTING PUBLIC HEARINGS; ADDRESSING PUBLICATION; ADDRESSING SEVERABILITY; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the District Manager has, prior to June 15, 2026, prepared and submitted to the Board of Supervisors (“Board”) of the Hammock Reserve Community Development District (“District”) a proposed budget (“Proposed Budget”) for the Fiscal Year beginning October 1, 2026, and ending September 30, 2027 (“Fiscal Year 2027”); and

WHEREAS, it is in the best interest of the District to fund the administrative and operations services (together, “Services”) set forth in the Proposed Budget by levy of special assessments pursuant to Chapters 190, 197, and/or 170, Florida Statutes (“Assessments”), as set forth in the preliminary assessment roll included within the Proposed Budget; and

WHEREAS, the District hereby determines that benefits would accrue to the properties within the District, as outlined within the Proposed Budget, in an amount equal to or in excess of the Assessments, and that such Assessments would be fairly and reasonably allocated as set forth in the Proposed Budget; and
WHEREAS, the Board has considered the Proposed Budget, including the Assessments, and desires to set the required public hearings thereon.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE HAMMOCK RESERVE COMMUNITY DEVELOPMENT DISTRICT:
PROPOSED BUDGET APPROVED. The Proposed Budget prepared by the District Manager for Fiscal Year 2027 attached hereto as Exhibit A is hereby approved as the basis for conducting a public hearing to adopt said Proposed Budget.
DECLARING ASSESSMENTS. Pursuant to Chapters 190, 197, and/or 170, Florida Statutes, the Assessments shall defray the cost of the Services in the total estimated amounts set forth in the Proposed Budget. The nature of, and plans and specifications for, the Services to be funded by the Assessments are described in the Proposed Budget, all of which are on file and available for public inspection at the “District’s Office,” Governmental Management Services-Central Florida, LLC, 219 E. Livingston St., Orlando, Florida 32801. The Assessments shall be levied within the District on all benefitted lots and lands, and shall be apportioned among such lots and lands, all as described in the Proposed Budget and the preliminary assessment roll included therein. The preliminary assessment roll is also on file and available for public inspection at the District’s Office. The Assessments shall be paid in one or more installments pursuant to a bill issued by the District in November of 2026, and pursuant to Chapter 170, Florida Statutes, or, alternatively, pursuant to the Uniform Method as set forth in Chapter 197, Florida Statutes.

SETTING PUBLIC HEARINGS. Pursuant to Chapters 190, 197, and/or 170, Florida Statutes, public hearings on the approved Proposed Budget and the Assessments are hereby declared and set for the following date, hour and location:
DATE:	August 6, 2026
HOUR:	10:30 a.m.

LOCATION:	Offices of Prime Community Management 375 Avenue A SE
Winter Haven, FL 33880

TRANSMITTAL OF PROPOSED BUDGET TO LOCAL GENERAL
PURPOSE GOVERNMENTS. The District Manager is hereby directed to submit a copy of the Proposed Budget to the City of Haines City and Polk County at least sixty (60) days prior to the hearing set above.
POSTING OF PROPOSED BUDGET. In accordance with Section 189.016, Florida Statutes, the District’s Secretary is further directed to post the approved Proposed Budget on the District’s website at least two (2) days before the budget hearing date as set forth in Section 3 and shall remain on the website for at least forty-five (45) days.

PUBLICATION OF NOTICE. The District shall cause this Resolution to be published once a week for a period of two (2) weeks in a newspaper of general circulation published in Polk County. Additionally, notice of the public hearings shall be published in the manner prescribed by Florida law.

SEVERABILITY. The invalidity or unenforceability of any one or more provisions of this Resolution shall not affect the validity or enforceability of the remaining portions of this Resolution, or any part thereof.

EFFECTIVE DATE.	This Resolution shall take effect immediately upon
adoption.

PASSED AND ADOPTED THIS 2ND DAY OF APRIL 2026.
ATTEST:	HAMMOCK RESERVE
COMMUNITY DEVELOPMENT DISTRICT

By: 	

Secretary	Its: 	

Exhibit A:	Proposed Budget for Fiscal Year 2027

Hammock Reserve
Community Development District

Proposed Budget
FY2027
Table of Contents

1-2	General Fund	

3-7	

General Fund Narrative	

8	

Series 2020 Debt Service Fund	

9-10	

Series 2020 Amortization Schedule	

11	

Series 2021 Debt Service Fund	

12-13	

Series 2021 Amortization Schedule	

14	

Series 2022 Debt Service Fund	

15-16	

Series 2022 Amortization Schedule	

17	

Capital Reserve Fund	

	Adopted Budget	Actuals Thru	Projected Next	Total Thru	Proposed Budget	
Description	FY2026	2/28/26	7 Months	9/30/26	FY2027	

Revenues						
Assessments - Tax Roll	$	842,100	$	821,074	$	21,026	$	842,100	$	892,259	
Interest	$	2,281	$	4,094	$	4,913	$	9,007	$	-	
Total Revenues	$	844,381	$	825,168	$	25,938	$	851,106	$	892,259	

Expenditures						
Administrative
Supervisor Fees	

$	12,000	

$	800	

$	4,600	

$	5,400	

$	12,000	
Employer FICA	$	918	$	61	$	352	$	413	$	918	
Engineering	$	15,000	$	2,255	$	7,000	$	9,255	$	15,000	
Attorney	$	25,000	$	4,738	$	14,583	$	19,321	$	25,000	
Annual Audit	$	9,200	$	-	$	9,100	$	9,100	$	9,200	
Assessment Administration	$	5,732	$	5,732	$	-	$	5,732	$	6,019	
Arbitrage	$	1,350	$	450	$	900	$	1,350	$	1,350	
Dissemination	$	8,111	$	3,380	$	4,731	$	8,111	$	8,517	
Trustee Fees	$	13,335	$	9,462	$	3,030	$	12,492	$	13,335	
Management Fees	$	46,350	$	19,313	$	27,038	$	46,350	$	48,668	
Information Technology	$	1,947	$	811	$	1,136	$	1,947	$	2,044	
Website Maintenance	$	1,298	$	541	$	757	$	1,298	$	1,363	
Postage & Delivery	$	1,000	$	185	$	815	$	1,000	$	1,000	
Insurance	$	8,282	$	7,764	$	-	$	7,764	$	8,349	
Copies	$	500	$	33	$	292	$	325	$	500	
Legal Advertising	$	2,500	$	639	$	1,861	$	2,500	$	2,500	
Other Current Charges	$	1,550	$	2,162	$	450	$	2,612	$	1,550	
Office Supplies	$	625	$	3	$	100	$	103	$	625	
Dues, Licenses & Subscriptions	$	175	$	175	$	-	$	175	$	175	
Total Administrative	$	154,873	$	58,503	$	76,746	$	135,249	$	158,112	

Operations & Maintenance Field Expenditures Property Insurance	

$	23,995	

$	20,742	

$	-	

$	20,742	

$	19,870	
Field Management	$	20,600	$	8,583	$	12,017	$	20,600	$	21,630	
Landscape Maintenance	$	195,700	$	76,010	$	106,413	$	182,423	$	195,700	
Landscape Replacement	$	45,000	$	293	$	26,250	$	26,543	$	45,000	
Pond Maintenance	$	10,200	$	4,000	$	5,600	$	9,600	$	9,960	
Streetlights	$	39,486	$	20,180	$	28,251	$	48,431	$	45,000	
Electric	$	13,200	$	6,729	$	6,471	$	13,200	$	14,520	
Sidewalk & Asphalt Maintenance	$	2,500	$	-	$	1,458	$	1,458	$	2,500	
Irrigation Repairs	$	7,000	$	2,509	$	4,491	$	7,000	$	8,000	
General Repairs & Maintenance	$	22,500	$	9,715	$	13,125	$	22,840	$	26,000	
Reserve Study	$	-	$	-	$	-	$	-	$	6,000	
Parking Spaces	$	-	$	-	$	-	$	-	$	35,000	
Contingency	$	10,000	$	9,963	$	5,833	$	15,796	$	10,000	
Subtotal Field Expenditures	$	390,181	$	158,724	$	209,909	$	368,634	$	439,180	

Adopted Budget	Actuals Thru	Projected Next	Total Thru	Proposed Budget		
Description	FY2026	2/28/26	7 Months	9/30/26	FY2027		

Amenity Expenditures						
Amenity - Electric	$	14,500	$	6,260	$	8,458	$	14,718	$	14,500	
Amenity - Water	$	10,000	$	3,037	$	5,833	$	8,870	$	10,000	
Playground Lease	$	98,030	$	43,330	$	54,699	$	98,030	$	72,044	
Internet	$	1,500	$	550	$	770	$	1,320	$	1,500	
Pest Control	$	3,544	$	40	$	280	$	320	$	3,544	
Janitorial Services	$	19,505	$	7,635	$	11,025	$	18,660	$	21,748	
Security Services	$	36,000	$	8,522	$	23,300	$	31,822	$	36,000	
Pool Maintenance	$	24,408	$	9,875	$	13,825	$	23,700	$	24,408	
Amenity Management	$	15,450	$	6,438	$	9,013	$	15,450	$	16,223	
Amenity Repairs & Maintenance	$	10,000	$	1,910	$	5,833	$	7,743	$	10,000	
Annual Maintenance of Water Filtration System	$	2,400	$	-	$	-	$	-	$	-	
Holiday Decorations	$	20,000	$	15,400	$	-	$	15,400	$	20,000	
Contingency	$	15,000	$	-	$	15,000	$	15,000	$	15,000	
Subtotal Amenity Expenditures	$	270,337	$	102,997	$	148,037	$	251,033	$	244,966	
						
Total Operations & Maintenance	$	660,517	$	261,721	$	357,946	$	619,667	$	684,146	

Other Expenditures						
Capital Reserves - Transfer	$	28,990	$	-	$	28,990	$	28,990	$	50,000	
Total Other Expenditures	$	28,990	$	-	$	28,990	$	28,990	$	50,000	
						
Total Expenditures	$	844,381	$	320,224	$	463,682	$	783,906	$	892,259	
						
Excess Revenues/(Expenditures)	$	-	$	504,944	$	(437,744)	$	67,200	$	-	
						
Product	Assessable Units	ERU/Unit	Net Assessment	Net Per Unit	Gross Per Unit	
Platted	1027	1.00	$892,259	$868.80	$934.19	
	1027		$892,259			

Product	
FY2027	
FY2026	Increase/ (Decrease)		
	Platted	$934.19	$881.68	$52.52		

Revenues:

Assessments

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

Expenditures:

General & Administrative:

Supervisor Fees

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

FICA Expense

Represents the Employer's share of Social Security and Medicare taxes withheld from Board of Supervisors checks.

Engineering

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

Attorney

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

Annual Audit

The District is required by Florida Statutes to arrange for an independent audit of its financial records on an annual basis. Grau & Associates provides this service.

Assessment Administration

The District will contract to levy and administer the collection of non-ad valorem assessment on all assessable property within the District. Governmental Management Services – Central Florida, LLC provides these services.

Arbitrage

The District is contracted with AMTEC, an independent certified public accountant to annually calculate the District’s Arbitrage Rebate Liability on its Series 2020, 2021 and 2022 bonds.

Dissemination

The District is required by the Security and Exchange Commission to comply with Rule 15c2-12(b)(5) which relates to additional reporting requirements for unrated bond issues. This cost is based upon on the Series 2020, 2021 and 2022 bonds. Governmental Management Services – Central Florida, LLC provides these services.

Trustee Fees

The District will pay annual fees for Series 2020, 2021 and 2022 bonds that are deposited with a Trustee at US Bank.

Management Fees

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

Information Technology

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

Website Maintenance

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

Postage & Delivery

The District incurs charges for mailing of Board meeting agenda packages, overnight deliveries, correspondence, etc.

Insurance

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

Copies

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

Legal Advertising

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

Other Current Charges

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

Office Supplies

Any supplies that may need to be purchased during the fiscal year, e.g., paper, minute books, file folders, labels, paper clips, etc. Governmental Management Services – Central Florida, LLC provides these services.

Dues, Licenses & Subscriptions

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

Operations & Maintenance:

Field Expenditures

Property Insurance

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

Field Management

Governmental Management Services – Central Florida, LLC provides onsite field management of contracts for District services such as landscape and lake maintenance. Services to include weekly site inspections, meetings with contractors, monitoring of utility accounts, attend Board meetings and respond to property owner phone calls and emails.

Landscape Maintenance

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

Landscape Replacement

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

Pond Maintenance

Represents the estimated maintenance of the pond within the common areas of the District. The District has contracted with Aquatic Weed Management, Inc. to provide these services.

Streetlights

Represents the cost to maintain street lights within the District Boundaries throughout the fiscal year.

Electric

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

Sidewalk & Asphalt Maintenance

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

Irrigation Repairs

Represents the cost of maintaining and repairing the irrigation system. This includes the sprinklers, and irrigation wells. The District has contracted with Prince & Sons, Inc. to provide these services.

General Repairs & Maintenance

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

Reserve Study

At the direction of the Board that recognizes the need for proper reserve planning, we have conducted a Reserve Study of Hammock Reserve Community Development District.

Parking Spaces

Represents the estimated cost associated with the maintenance, repair, and upkeep of parking spaces within the District’s common areas.

Contingency

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

Amenity Expenditures

Amenity - Electric

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

Amenity – Water

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

Playground Lease

The District has entered into a leasing agreement with WHFS, LLC and HNB Property, LLC for playgrounds installed in the community. The final payment in the lease agreement with WHFS, LLC is due on May 1, 2026.

Internet

Internet service is provided by Spectrum for use at the Amenity Center.

Pest Control

The District will incur costs for pest control treatments to its amenity facilities. Services are provided by Massey Services.

Janitorial Services

Represents estimated costs to provide janitorial services and supplies for the District’s amenity facilities. Services are provided by CSS of Central Florida.
Security Services

Represents the estimated cost of contracting a monthly security service for the District’s amenity facilities, as well as maintaining security systems installed. Current Demands Electrical, INC provides these services.

Pool Maintenance

Represents the costs of regular cleaning and treatments of the District’s pool. Services are provided by Resort Pool Services.

Amenity Management

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

Amenity Repairs & Maintenance

The District will incur costs related to the repair and maintenance of the amenities not limited to: the chain link and steel fencing and gates, the dog park stations, soccer field area, playground, pool and cabana areas.

Holiday Decorations

Enhance festive celebrations with vibrant and energy-efficient holiday lighting. Proper installation and weatherproofing ensure safety and longevity, while timers and smart controls add convenience. Thoughtful placement can create a warm and inviting atmosphere for any space.

Contingency

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

Other Expenditures:

Capital Reserves - Transfer

Funds collected and reserved for the replacement of and/or purchase of new capital improvements throughout the District.
Proposed Budget
Series 2020 Debt Service Fund

Description	Adopted Budget FY2026	Actuals Thru 2/28/26	Projected Next
7 Months	Total Thru 9/30/26	Proposed Budget FY2027	

Revenues						
Special Assessments	$	308,327	$	300,333	$	7,994	$	308,327	$	308,327	
Interest	$	7,110	$	3,824	$	5,353	$	9,176	$	4,588	
Carry Forward Surplus	$	141,363	$	142,793	$	-	$	142,793	$	151,672	
Total Revenues	$	456,800	$	446,950	$	13,347	$	460,297	$	464,587	

Expenditures						
Interest Expense - 11/1	$	96,813	$	96,813	$	-	$	96,813	$	94,944	
Principal Expense - 5/1	$	115,000	$	-	$	115,000	$	115,000	$	120,000			
Interest Expense - 5/1	$	96,813	$	-	$	96,813	$	96,813	$	94,944			
Total Expenditures	$	308,625	$	96,813	$	211,813	$	308,625	$	309,888	
						
Excess Revenues/(Expenditures)	$	148,175	$	350,137	$	(198,466)	$	151,672	$	154,699	

*Carry forward less amount in Reserve funds.	

Interest Expense 11/1/27	

 $	92,994 				
	Total	$	92,994				

Product	Assessable Units	Maximum Annual Debt Service	Net Assessment Per Unit	Gross Assessment Per Unit			
SF - Contracted - Other	144	$	194,400	$1,349	$1,450	
SF - Contracted - Meritage	87	$	113,927	$1,308	$1,407	
	231	$	308,327			

Date		Balance		Prinicpal		Interest		Total	
									
11/01/26	$	4,840,000.00	$	-	$	94,943.75	$	306,756.25	
05/01/27	$	4,840,000.00	$	120,000.00	$	94,943.75	$	-	
11/01/27	$	4,720,000.00	$	-	$	92,993.75	$	307,937.50	
05/01/28	$	4,720,000.00	$	120,000.00	$	92,993.75	$	-	
11/01/28	$	4,600,000.00	$	-	$	91,043.75	$	304,037.50	
05/01/29	$	4,600,000.00	$	125,000.00	$	91,043.75	$	-	
11/01/29	$	4,475,000.00	$	-	$	89,012.50	$	305,056.25	
05/01/30	$	4,475,000.00	$	130,000.00	$	89,012.50	$	-	
11/01/30	$	4,345,000.00	$	-	$	86,900.00	$	305,912.50	
05/01/31	$	4,345,000.00	$	135,000.00	$	86,900.00	$	-	
11/01/31	$	4,210,000.00	$	-	$	84,200.00	$	306,100.00	
05/01/32	$	4,210,000.00	$	140,000.00	$	84,200.00	$	-	
11/01/32	$	4,070,000.00	$	-	$	81,400.00	$	305,600.00	
05/01/33	$	4,070,000.00	$	145,000.00	$	81,400.00	$	-	
11/01/33	$	3,925,000.00	$	-	$	78,500.00	$	304,900.00	
05/01/34	$	3,925,000.00	$	150,000.00	$	78,500.00	$	-	
11/01/34	$	3,775,000.00	$	-	$	75,500.00	$	304,000.00	
05/01/35	$	3,775,000.00	$	160,000.00	$	75,500.00	$	-	
11/01/35	$	3,615,000.00	$	-	$	72,300.00	$	307,800.00	
05/01/36	$	3,615,000.00	$	165,000.00	$	72,300.00	$	-	
11/01/36	$	3,450,000.00	$	-	$	69,000.00	$	306,300.00	
05/01/37	$	3,450,000.00	$	170,000.00	$	69,000.00	$	-	
11/01/37	$	3,280,000.00	$	-	$	65,600.00	$	304,600.00	
05/01/38	$	3,280,000.00	$	180,000.00	$	65,600.00	$	-	
11/01/38	$	3,100,000.00	$	-	$	62,000.00	$	307,600.00	
05/01/39	$	3,100,000.00	$	185,000.00	$	62,000.00	$	-	
11/01/39	$	2,915,000.00	$	-	$	58,300.00	$	305,300.00	
05/01/40	$	2,915,000.00	$	195,000.00	$	58,300.00	$	-	
11/01/40	$	2,720,000.00	$	-	$	54,400.00	$	307,700.00	
05/01/41	$	2,720,000.00	$	200,000.00	$	54,400.00	$	-	
11/01/41	$	2,520,000.00	$	-	$	50,400.00	$	304,800.00	
05/01/42	$	2,520,000.00	$	210,000.00	$	50,400.00	$	-	
11/01/42	$	2,310,000.00	$	-	$	46,200.00	$	306,600.00	
05/01/43	$	2,310,000.00	$	220,000.00	$	46,200.00	$	-	
11/01/43	$	2,090,000.00	$	-	$	41,800.00	$	308,000.00	

Date		Balance		Prinicpal		Interest		Total	

05/01/44	
$	
2,090,000.00	
$	
225,000.00	
$	
41,800.00	
$	
-	
11/01/44	$	1,865,000.00	$	-	$	37,300.00	$	304,100.00	
05/01/45	$	1,865,000.00	$	235,000.00	$	37,300.00	$	-	
11/01/45	$	1,630,000.00	$	-	$	32,600.00	$	304,900.00	
05/01/46	$	1,630,000.00	$	245,000.00	$	32,600.00	$	-	
11/01/46	$	1,385,000.00	$	-	$	27,700.00	$	305,300.00	
05/01/47	$	1,385,000.00	$	255,000.00	$	27,700.00	$	-	
11/01/47	$	1,130,000.00	$	-	$	22,600.00	$	305,300.00	
05/01/48	$	1,130,000.00	$	265,000.00	$	22,600.00	$	-	
11/01/48	$	865,000.00	$	-	$	17,300.00	$	304,900.00	
05/01/49	$	865,000.00	$	275,000.00	$	17,300.00	$	-	
11/01/49	$	590,000.00	$	-	$	11,800.00	$	304,100.00	
05/01/50	$	590,000.00	$	290,000.00	$	11,800.00	$	-	
11/1/50	$	300,000.00	$	-	$	6,000.00	$	307,800.00	
5/1/51	$	300,000.00	$	300,000.00	$	6,000.00	$	306,000.00	
			$	4,840,000.00	$	2,899,587.50	$	7,951,400.00	
Proposed Budget
Series 2021 Debt Service Fund

Description	Adopted Budget FY2026	Actuals Thru 2/28/26	Projected Next
7 Months	Total Thru 9/30/26	Proposed Budget FY2027	

Revenues						
Special Assessments	$	276,824	$	269,911	$	6,912	$	276,824	$	276,824	
Interest	$	6,636	$	3,589	$	5,025	$	8,613	$	4,307	
Carry Forward Surplus	$	134,371	$	135,861	$	-	$	135,861	$	147,136	
Total Revenues	$	417,832	$	409,362	$	11,937	$	421,299	$	428,267	

Expenditures						
Interest Expense - 11/1	$	82,081	$	82,081	$	-	$	82,081	$	80,775	
Principal Expense - 5/1	$	110,000	$	-	$	110,000	$	110,000	$	115,000			
Interest Expense - 5/1	$	82,081	$	-	$	82,081	$	82,081	$	80,775			
Total Expenditures	$	274,163	$	82,081	$	192,081	$	274,163	$	276,550	
						
Excess Revenues/(Expenditures)	$	143,669	$	327,281	$	(180,144)	$	147,136	$	151,717	

*Carry forward less amount in Reserve funds.	

Interest Expense 11/1/27	

 $	79,050 				
	Total	$	79,050				

Product	Assessable Units	Maximum Annual Debt Service	Net Assessment Per Unit	Gross Assessment Per Unit			
Single Family	205	$	276,824	$1,350	$1,452	
	205	$	276,824			

Date		Balance		Prinicpal		Interest		Total	
									
11/01/26	$	4,435,000.00	$	-	$	80,775.00	$	272,856.25	
05/01/27	$	4,435,000.00	$	115,000.00	$	80,775.00	$	-	
11/01/27	$	4,320,000.00	$	-	$	79,050.00	$	274,825.00	
05/01/28	$	4,320,000.00	$	120,000.00	$	79,050.00	$	-	
11/01/28	$	4,200,000.00	$	-	$	77,250.00	$	276,300.00	
05/01/29	$	4,200,000.00	$	120,000.00	$	77,250.00	$	-	
11/01/29	$	4,080,000.00	$	-	$	75,450.00	$	272,700.00	
05/01/30	$	4,080,000.00	$	125,000.00	$	75,450.00	$	-	
11/01/30	$	3,955,000.00	$	-	$	73,575.00	$	274,025.00	
05/01/31	$	3,825,000.00	$	130,000.00	$	73,575.00	$	-	
11/01/31	$	3,825,000.00	$	-	$	71,625.00	$	275,200.00	
05/01/32	$	3,825,000.00	$	135,000.00	$	71,625.00	$	-	
11/01/32	$	3,690,000.00	$	-	$	69,346.88	$	275,971.88	
05/01/33	$	3,690,000.00	$	140,000.00	$	69,346.88	$	-	
11/01/33	$	3,550,000.00	$	-	$	66,984.38	$	276,331.25	
05/01/34	$	3,550,000.00	$	145,000.00	$	66,984.38	$	-	
11/01/34	$	3,405,000.00	$	-	$	64,537.50	$	276,521.88	
05/01/35	$	3,405,000.00	$	145,000.00	$	64,537.50	$	-	
11/01/35	$	3,260,000.00	$	-	$	62,090.63	$	271,628.13	
05/01/36	$	3,260,000.00	$	150,000.00	$	62,090.63	$	-	
11/01/36	$	3,110,000.00	$	-	$	59,559.38	$	271,650.00	
05/01/37	$	3,110,000.00	$	155,000.00	$	59,559.38	$	-	
11/01/37	$	2,955,000.00	$	-	$	56,943.75	$	271,503.13	
05/01/38	$	2,955,000.00	$	165,000.00	$	56,943.75	$	-	
11/01/38	$	2,790,000.00	$	-	$	54,159.38	$	276,103.13	
05/01/39	$	2,790,000.00	$	170,000.00	$	54,159.38	$	-	
11/01/39	$	2,620,000.00	$	-	$	51,290.63	$	275,450.00	
05/01/40	$	2,620,000.00	$	175,000.00	$	51,290.63	$	-	
11/01/40	$	2,265,000.00	$	-	$	48,337.50	$	274,628.13	
05/01/41	$	2,265,000.00	$	180,000.00	$	48,337.50	$	-	
11/01/41	$	2,265,000.00	$	-	$	45,300.00	$	273,637.50	
05/01/42	$	2,265,000.00	$	185,000.00	$	45,300.00	$	-	
11/01/42	$	2,080,000.00	$	-	$	41,600.00	$	271,900.00	
05/01/43	$	2,080,000.00	$	195,000.00	$	41,600.00	$	-	
11/01/43	$	1,885,000.00	$	-	$	37,700.00	$	274,300.00	
05/01/44	$	1,885,000.00	$	205,000.00	$	37,700.00	$	-	
11/01/44	$	1,680,000.00	$	-	$	33,600.00	$	276,300.00	
05/01/45	$	1,680,000.00	$	210,000.00	$	33,600.00	$	-	

Date		Balance		Prinicpal		Interest		Total	

11/01/45	
$	
1,470,000.00	
$	
-	
$	
29,400.00	
$	
273,000.00	
05/01/46	$	1,470,000.00	$	220,000.00	$	29,400.00	$	-	
11/01/46	$	1,250,000.00	$	-	$	25,000.00	$	274,400.00	
05/01/47	$	1,250,000.00	$	230,000.00	$	25,000.00	$	-	
11/01/47	$	1,020,000.00	$	-	$	20,400.00	$	275,400.00	
05/01/48	$	1,020,000.00	$	240,000.00	$	20,400.00	$	-	
11/01/48	$	780,000.00	$	-	$	15,600.00	$	276,000.00	
05/01/49	$	780,000.00	$	250,000.00	$	15,600.00	$	-	
11/01/49	$	530,000.00	$	-	$	10,600.00	$	276,200.00	
05/01/50	$	530,000.00	$	260,000.00	$	10,600.00	$	-	
11/1/50	$	270,000.00	$	-	$	5,400.00	$	276,000.00	
5/1/51	$	270,000.00	$	270,000.00	$	5,400.00	$	275,400.00	
			$	4,435,000.00	$	2,511,150.00	$	7,138,231.25		
Proposed Budget
Series 2022 Debt Service Fund

Description	Adopted Budget FY2026	Actuals Thru 2/28/26	Projected Next
7 Months	Total Thru 9/30/26	Proposed Budget FY2027	

Revenues						
Special Assessments	$	797,850	$	777,926	$	19,924	$	797,850	$	797,850	
Interest	$	20,684	$	11,612	$	16,257	$	27,869	$	13,935	
Carry Forward Surplus	$	499,694	$	461,253	$	-	$	461,253	$	490,287	
Total Revenues	$	1,318,228	$	1,250,791	$	36,181	$	1,286,972	$	1,302,071	

Expenditures						
Interest Expense - 11/1	$	285,843	$	285,843	$	-	$	285,843	$	281,118	
Principal Expense - 5/1	$	225,000	$	-	$	225,000	$	225,000	$	235,000				
Interest Expense - 5/1	$	285,843	$	-	$	285,843	$	285,843	$	281,118				
Total Expenditures	$	796,685	$	285,843	$	510,843	$	796,685	$	797,235	
						
Excess Revenues/(Expenditures)	$	521,543	$	964,948	$	(474,661)	$	490,287	$	504,836	

*Carry forward less amount in Reserve funds.	

Interest Expense 11/1/27	

 $	276,183 				
	Total	$	276,183				

Product	Assessable Units	Maximum Annual Debt Service	Net Assessment Per Unit	Gross Assessment Per Unit			
Single Family - Phase 3	382	$	515,700	$1,350	$1,452	
Single Family - Phase 4	209	$	282,150	$1,350	$1,452	
		$	797,850			

Date		Balance		Prinicpal		Interest		Total	
									
11/01/26	$	11,440,000.00	$	-	$	281,117.50	$	791,960.00	
05/01/27	$	11,440,000.00	$	235,000.00	$	281,117.50	$	-	
11/01/27	$	11,440,000.00	$	-	$	276,182.50	$	792,300.00	
05/01/28	$	11,440,000.00	$	245,000.00	$	276,182.50	$	-	
11/01/28	$	11,195,000.00	$	-	$	270,792.50	$	791,975.00	
05/01/29	$	11,195,000.00	$	260,000.00	$	270,792.50	$	-	
11/01/29	$	10,935,000.00	$	-	$	265,072.50	$	795,865.00	
05/01/30	$	10,935,000.00	$	270,000.00	$	265,072.50	$	-	
11/01/30	$	10,665,000.00	$	-	$	259,132.50	$	794,205.00	
05/01/31	$	10,090,000.00	$	280,000.00	$	259,132.50	$	-	
11/01/31	$	10,090,000.00	$	-	$	252,972.50	$	792,105.00	
05/01/32	$	10,090,000.00	$	295,000.00	$	252,972.50	$	-	
11/01/32	$	10,090,000.00	$	-	$	246,482.50	$	794,455.00	
05/01/33	$	10,090,000.00	$	310,000.00	$	246,482.50	$	-	
11/01/33	$	9,780,000.00	$	-	$	239,197.50	$	795,680.00	
05/01/34	$	9,780,000.00	$	320,000.00	$	239,197.50	$	-	
11/01/34	$	9,460,000.00	$	-	$	231,677.50	$	790,875.00	
05/01/35	$	9,460,000.00	$	340,000.00	$	231,677.50	$	-	
11/01/35	$	9,120,000.00	$	-	$	223,687.50	$	795,365.00	
05/01/36	$	9,120,000.00	$	355,000.00	$	223,687.50	$	-	
11/01/36	$	8,765,000.00	$	-	$	215,345.00	$	794,032.50	
05/01/37	$	8,765,000.00	$	370,000.00	$	215,345.00	$	-	
11/01/37	$	8,395,000.00	$	-	$	206,650.00	$	791,995.00	
05/01/38	$	8,395,000.00	$	390,000.00	$	206,650.00	$	-	
11/01/38	$	8,005,000.00	$	-	$	197,485.00	$	794,135.00	
05/01/39	$	8,005,000.00	$	410,000.00	$	197,485.00	$	-	
11/01/39	$	7,595,000.00	$	-	$	187,850.00	$	795,335.00	
05/01/40	$	7,595,000.00	$	430,000.00	$	187,850.00	$	-	
11/01/40	$	6,245,000.00	$	-	$	177,745.00	$	795,595.00	
05/01/41	$	6,245,000.00	$	450,000.00	$	177,745.00	$	-	
11/01/41	$	6,245,000.00	$	-	$	167,170.00	$	794,915.00	
05/01/42	$	6,245,000.00	$	470,000.00	$	167,170.00	$	-	
11/01/42	$	6,245,000.00	$	-	$	156,125.00	$	793,295.00	
05/01/43	$	6,245,000.00	$	495,000.00	$	156,125.00	$	-	
11/01/43	$	5,750,000.00	$	-	$	143,750.00	$	794,875.00	
05/01/44	$	5,750,000.00	$	520,000.00	$	143,750.00	$	-	
11/01/44	$	5,230,000.00	$	-	$	130,750.00	$	794,500.00	
05/01/45	$	5,230,000.00	$	545,000.00	$	130,750.00	$	-	
11/01/45	$	4,685,000.00	$	-	$	117,125.00	$	792,875.00	
05/01/46	$	4,685,000.00	$	575,000.00	$	117,125.00	$	-	
11/01/46	$	4,110,000.00	$	-	$	102,750.00	$	794,875.00	

Date		Balance		Prinicpal		Interest		Total	

05/01/47	
$	
4,110,000.00	
$	
600,000.00	
$	
102,750.00	
$	
-	
11/01/47	$	3,510,000.00	$	-	$	87,750.00	$	790,500.00	
05/01/48	$	3,510,000.00	$	635,000.00	$	87,750.00	$	-	
11/01/48	$	2,875,000.00	$	-	$	71,875.00	$	794,625.00	
05/01/49	$	2,875,000.00	$	665,000.00	$	71,875.00	$	-	
11/01/49	$	2,210,000.00	$	-	$	55,250.00	$	792,125.00	
05/01/50	$	2,210,000.00	$	700,000.00	$	55,250.00	$	-	
11/01/50	$	1,510,000.00	$	-	$	37,750.00	$	793,000.00	
05/01/51	$	1,510,000.00	$	735,000.00	$	37,750.00	$	-	
11/01/51	$	775,000.00	$	-	$	19,375.00	$	792,125.00	
05/01/52	$	775,000.00	$	775,000.00	$	19,375.00	$	794,375.00	
			$	11,675,000.00	$	9,242,120.00	$	21,427,962.50	
Proposed Budget Capital Reserve Fund

	Adopted Budget FY2026	Actuals Thru 2/28/26	Projected Next
7 Months	Total Projected 9/30/26	Proposed Budget FY2027		

Revenues							
Interest	$	2,828	$	2,790	$	3,905	$	6,695	$	3,347	
Carry Forward Surplus	$	200,279	$	200,874	$	-	$	200,874	$	236,560	
Total Revenues	$	203,107	$	203,664	$	3,905	$	207,569	$	239,907	

Expenditures							
Capital Outlay	$	-	$	-	$	-	$	-	$	-	
Total Expenditures	$	-	$	-	$	-	$	-	$	-	

Other Financing Sources/(Uses)							
Transfer In (Out)	$	28,990	$	-	$	28,990	$	28,990	$	50,000	
Total Other Financing Sources/(Uses)	$	28,990	$	-	$	28,990	$	28,990	$	50,000	
							
Excess Revenues/(Expenditures)	$	232,097	$	203,664	$	32,896	$	236,560	$	289,907	

!!"#$%& "
RESOLUTION 2026-07
A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE HAMMOCK RESERVE COMMUNITY DEVELOPMENT DISTRICT APPROVING PROPOSED BUDGETS FOR FISCAL YEAR 2027 AND SETTING A PUBLIC HEARING THEREON PURSUANT TO FLORIDA LAW; ADDRESSING TRANSMITTAL, POSTING AND PUBLICATION REQUIREMENTS; ADDRESSING SEVERABILITY; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the District Manager has, prior to June 15, 2026, prepared and submitted to the Board of Supervisors (“Board”) of the Hammock Reserve Community Development District (“District”) a proposed budgets (“Proposed Budget”) for the Fiscal Year beginning October 1, 2026, and ending September 30, 2027 (“Fiscal Year 2027”); and

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

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE HAMMOCK RESERVE COMMUNITY DEVELOPMENT DISTRICT:
PROPOSED BUDGET APPROVED. The Proposed Budget prepared by the District Manager for Fiscal Year 2027 attached hereto as Exhibit A is hereby approved as the basis for conducting a public hearing to adopt said Proposed Budget.
SETTING A PUBLIC HEARING. A public hearing on said approved Proposed Budget is hereby declared and set for the following date, hour and location:

DATE:	August 6, 2026
HOUR:	10:30 a.m.

LOCATION:	Offices of Prime Community Management
375 Avenue A SE Winter Haven, FL 33880
TRANSMITTAL OF PROPOSED BUDGET TO LOCAL GENERAL
PURPOSE GOVERNMENTS. The District Manager is hereby directed to submit a copy of the Proposed Budget to the City of Haines City and Polk County, Florida at least sixty (60) days prior to the hearing set above.
POSTING OF PROPOSED BUDGET. In accordance with Section 189.016, Florida Statutes, the District’s Secretary is further directed to post the approved Proposed
Budget on the District’s website at least two (2) days before the budget hearing date as set forth in
Section 2, and shall remain on the website for at least forty-five (45) days.

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

PASSED AND ADOPTED THIS 2ND DAY OF APRIL 2026.

ATTEST:	HAMMOCK RESERVE
COMMUNITY DEVELOPMENT DISTRICT

By: 	

Secretary	Its: 	

Exhibit A:	Proposed Budget for Fiscal Year 2027

Hammock Reserve
Community Development District

Proposed Budget
FY2027
Table of Contents

1-2	General Fund	

3-7	

General Fund Narrative	

8	

Series 2020 Debt Service Fund	

9-10	

Series 2020 Amortization Schedule	

11	

Series 2021 Debt Service Fund	

12-13	

Series 2021 Amortization Schedule	

14	

Series 2022 Debt Service Fund	

15-16	

Series 2022 Amortization Schedule	

17	

Capital Reserve Fund	

	Adopted Budget	Actuals Thru	Projected Next	Total Thru	Proposed Budget	
Description	FY2026	2/28/26	7 Months	9/30/26	FY2027	

Revenues						
Assessments - Tax Roll	$	842,100	$	821,074	$	21,026	$	842,100	$	842,100	
Interest	$	2,281	$	4,094	$	4,913	$	9,007	$	-	
Total Revenues	$	844,381	$	825,168	$	25,938	$	851,106	$	842,100	

Expenditures						
Administrative
Supervisor Fees	

$	12,000	

$	800	

$	4,600	

$	5,400	

$	12,000	
Employer FICA	$	918	$	61	$	352	$	413	$	918	
Engineering	$	15,000	$	2,255	$	7,000	$	9,255	$	15,000	
Attorney	$	25,000	$	4,738	$	14,583	$	19,321	$	25,000	
Annual Audit	$	9,200	$	-	$	9,100	$	9,100	$	9,200	
Assessment Administration	$	5,732	$	5,732	$	-	$	5,732	$	6,019	
Arbitrage	$	1,350	$	450	$	900	$	1,350	$	1,350	
Dissemination	$	8,111	$	3,380	$	4,731	$	8,111	$	8,517	
Trustee Fees	$	13,335	$	9,462	$	3,030	$	12,492	$	13,335	
Management Fees	$	46,350	$	19,313	$	27,038	$	46,350	$	48,668	
Information Technology	$	1,947	$	811	$	1,136	$	1,947	$	2,044	
Website Maintenance	$	1,298	$	541	$	757	$	1,298	$	1,363	
Postage & Delivery	$	1,000	$	185	$	815	$	1,000	$	1,000	
Insurance	$	8,282	$	7,764	$	-	$	7,764	$	8,349	
Copies	$	500	$	33	$	292	$	325	$	500	
Legal Advertising	$	2,500	$	639	$	1,861	$	2,500	$	2,500	
Other Current Charges	$	1,550	$	2,162	$	450	$	2,612	$	1,550	
Office Supplies	$	625	$	3	$	100	$	103	$	625	
Dues, Licenses & Subscriptions	$	175	$	175	$	-	$	175	$	175	
Total Administrative	$	154,873	$	58,503	$	76,746	$	135,249	$	158,112	

Operations & Maintenance Field Expenditures Property Insurance	

$	23,995	

$	20,742	

$	-	

$	20,742	

$	19,870	
Field Management	$	20,600	$	8,583	$	12,017	$	20,600	$	21,630	
Landscape Maintenance	$	195,700	$	76,010	$	106,413	$	182,423	$	195,700	
Landscape Replacement	$	45,000	$	293	$	26,250	$	26,543	$	45,000	
Pond Maintenance	$	10,200	$	4,000	$	5,600	$	9,600	$	9,960	
Streetlights	$	39,486	$	20,180	$	28,251	$	48,431	$	45,000	
Electric	$	13,200	$	6,729	$	6,471	$	13,200	$	14,520	
Sidewalk & Asphalt Maintenance	$	2,500	$	-	$	1,458	$	1,458	$	2,500	
Irrigation Repairs	$	7,000	$	2,509	$	4,491	$	7,000	$	8,000	
General Repairs & Maintenance	$	22,500	$	9,715	$	13,125	$	22,840	$	26,000	
Reserve Study	$	-	$	-	$	-	$	-	$	6,000	
Contingency	$	10,000	$	9,963	$	5,833	$	15,796	$	10,000	
Subtotal Field Expenditures	$	390,181	$	158,724	$	209,909	$	368,634	$	404,180	

	Adopted Budget	Actuals Thru	Projected Next	Total Thru	Proposed Budget	
Description	FY2026	2/28/26	7 Months	9/30/26	FY2027	

Amenity Expenditures
Amenity - Electric	

$	14,500	

$	6,260	

$	8,458	

$	14,718	

$	14,500	
Amenity - Water	$	10,000	$	3,037	$	5,833	$	8,870	$	10,000	
Playground Lease	$	98,030	$	43,330	$	54,699	$	98,030	$	72,044	
Internet	$	1,500	$	550	$	770	$	1,320	$	1,500	
Pest Control	$	3,544	$	40	$	280	$	320	$	3,544	
Janitorial Services	$	19,505	$	7,635	$	11,025	$	18,660	$	21,748	
Security Services	$	36,000	$	8,522	$	21,000	$	29,522	$	36,000	
Pool Maintenance	$	24,408	$	9,875	$	16,125	$	26,000	$	24,408	
Amenity Management	$	15,450	$	6,438	$	9,013	$	15,450	$	16,223	
Amenity Repairs & Maintenance	$	10,000	$	1,910	$	5,833	$	7,743	$	10,000	
Annual Maintenance of Water Filtration System	$	2,400	$	-	$	-	$	-	$	-	
Holiday Decorations	$	20,000	$	15,400	$	-	$	15,400	$	20,000	
Contingency	$	15,000	$	-	$	15,000	$	15,000	$	15,000	
Subtotal Amenity Expenditures	$	270,337	$	102,997	$	148,037	$	251,033	$	244,966	
						
Total Operations & Maintenance	$	660,517	$	261,721	$	357,946	$	619,667	$	649,146	

Other Expenditures
Capital Reserves - Transfer	

$	28,990	

$	-	

$	28,990	

$	28,990	

$	34,841	
Total Other Expenditures	$	28,990	$	-	$	28,990	$	28,990	$	34,841	
						
Total Expenditures	$	844,381	$	320,224	$	463,682	$	783,906	$	842,100	
						
Excess Revenues/(Expenditures)	$	-	$	504,944	$	(437,744)	$	67,200	$	-	
						
Product	Assessable Units	ERU/Unit	Net Assessment	Net Per Unit	Gross Per Unit	
Platted	1027	1.00	$842,100	$819.96	$881.68	
	1027		$842,100			

Revenues:

Assessments

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

Expenditures:

General & Administrative:

Supervisor Fees

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

FICA Expense

Represents the Employer's share of Social Security and Medicare taxes withheld from Board of Supervisors checks.

Engineering

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

Attorney

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

Annual Audit

The District is required by Florida Statutes to arrange for an independent audit of its financial records on an annual basis. Grau & Associates provides this service.

Assessment Administration

The District will contract to levy and administer the collection of non-ad valorem assessment on all assessable property within the District. Governmental Management Services – Central Florida, LLC provides these services.

Arbitrage

The District is contracted with AMTEC, an independent certified public accountant to annually calculate the District’s Arbitrage Rebate Liability on its Series 2020, 2021 and 2022 bonds.

Dissemination

The District is required by the Security and Exchange Commission to comply with Rule 15c2-12(b)(5) which relates to additional reporting requirements for unrated bond issues. This cost is based upon on the Series 2020, 2021 and 2022 bonds. Governmental Management Services – Central Florida, LLC provides these services.

Trustee Fees

The District will pay annual fees for Series 2020, 2021 and 2022 bonds that are deposited with a Trustee at US Bank.

Management Fees

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

Information Technology

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

Website Maintenance

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

Postage & Delivery

The District incurs charges for mailing of Board meeting agenda packages, overnight deliveries, correspondence, etc.

Insurance

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

Copies

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

Legal Advertising

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

Other Current Charges

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

Office Supplies

Any supplies that may need to be purchased during the fiscal year, e.g., paper, minute books, file folders, labels, paper clips, etc. Governmental Management Services – Central Florida, LLC provides these services.

Dues, Licenses & Subscriptions

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

Operations & Maintenance:

Field Expenditures

Property Insurance

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

Field Management

Governmental Management Services – Central Florida, LLC provides onsite field management of contracts for District services such as landscape and lake maintenance. Services to include weekly site inspections, meetings with contractors, monitoring of utility accounts, attend Board meetings and respond to property owner phone calls and emails.

Landscape Maintenance

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

Landscape Replacement

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

Pond Maintenance

Represents the estimated maintenance of the pond within the common areas of the District. The District has contracted with Aquatic Weed Management, Inc. to provide these services.

Streetlights

Represents the cost to maintain street lights within the District Boundaries throughout the fiscal year.

Electric

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

Sidewalk & Asphalt Maintenance

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

Irrigation Repairs

Represents the cost of maintaining and repairing the irrigation system. This includes the sprinklers, and irrigation wells. The District has contracted with Prince & Sons, Inc. to provide these services.

General Repairs & Maintenance

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

Reserve Study

At the direction of the Board that recognizes the need for proper reserve planning, we have conducted a Reserve Study of Hammock Reserve Community Development District.

Contingency

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

Amenity Expenditures

Amenity - Electric

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

Amenity – Water

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

Playground Lease

The District has entered into a leasing agreement with WHFS, LLC and HNB Property, LLC for playgrounds installed in the community. The final payment in the lease agreement with WHFS, LLC is due on May 1, 2026.

Internet

Internet service is provided by Spectrum for use at the Amenity Center.

Pest Control

The District will incur costs for pest control treatments to its amenity facilities. Services are provided by Massey Services.

Janitorial Services

Represents estimated costs to provide janitorial services and supplies for the District’s amenity facilities. Services are provided by CSS of Central Florida.

Security Services

Represents the estimated cost of contracting a monthly security service for the District’s amenity facilities, as well as maintaining security systems installed. Current Demands Electrical, INC provides these services.

Pool Maintenance

Represents the costs of regular cleaning and treatments of the District’s pool. Services are provided by Resort Pool Services.

Amenity Management

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

Amenity Repairs & Maintenance

The District will incur costs related to the repair and maintenance of the amenities not limited to: the chain link and steel fencing and gates, the dog park stations, soccer field area, playground, pool and cabana areas.

Holiday Decorations

Enhance festive celebrations with vibrant and energy-efficient holiday lighting. Proper installation and weatherproofing ensure safety and longevity, while timers and smart controls add convenience. Thoughtful placement can create a warm and inviting atmosphere for any space.

Contingency

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

Other Expenditures:

Capital Reserves - Transfer

Funds collected and reserved for the replacement of and/or purchase of new capital improvements throughout the District.
Proposed Budget
Series 2020 Debt Service Fund

Description	Adopted Budget FY2026	Actuals Thru 2/28/26	Projected Next
7 Months	Total Thru 9/30/26	Proposed Budget FY2027	

Revenues						
Special Assessments	$	308,327	$	300,333	$	7,994	$	308,327	$	308,327	
Interest	$	7,110	$	3,824	$	5,353	$	9,176	$	4,588	
Carry Forward Surplus	$	141,363	$	142,793	$	-	$	142,793	$	151,672	
Total Revenues	$	456,800	$	446,950	$	13,347	$	460,297	$	464,587	

Expenditures						
Interest Expense - 11/1	$	96,813	$	96,813	$	-	$	96,813	$	94,944	
Principal Expense - 5/1	$	115,000	$	-	$	115,000	$	115,000	$	120,000			
Interest Expense - 5/1	$	96,813	$	-	$	96,813	$	96,813	$	94,944			
Total Expenditures	$	308,625	$	96,813	$	211,813	$	308,625	$	309,888	
						
Excess Revenues/(Expenditures)	$	148,175	$	350,137	$	(198,466)	$	151,672	$	154,699	

*Carry forward less amount in Reserve funds.	

Interest Expense 11/1/27	

 $	92,994 				
	Total	$	92,994				

Product	Assessable Units	Maximum Annual Debt Service	Net Assessment Per Unit	Gross Assessment Per Unit			
SF - Contracted - Other	144	$	194,400	$1,349	$1,450	
SF - Contracted - Meritage	87	$	113,927	$1,308	$1,407	
	231	$	308,327			

Date		Balance		Prinicpal		Interest		Total	
									
11/01/26	$	4,840,000.00	$	-	$	94,943.75	$	306,756.25	
05/01/27	$	4,840,000.00	$	120,000.00	$	94,943.75	$	-	
11/01/27	$	4,720,000.00	$	-	$	92,993.75	$	307,937.50	
05/01/28	$	4,720,000.00	$	120,000.00	$	92,993.75	$	-	
11/01/28	$	4,600,000.00	$	-	$	91,043.75	$	304,037.50	
05/01/29	$	4,600,000.00	$	125,000.00	$	91,043.75	$	-	
11/01/29	$	4,475,000.00	$	-	$	89,012.50	$	305,056.25	
05/01/30	$	4,475,000.00	$	130,000.00	$	89,012.50	$	-	
11/01/30	$	4,345,000.00	$	-	$	86,900.00	$	305,912.50	
05/01/31	$	4,345,000.00	$	135,000.00	$	86,900.00	$	-	
11/01/31	$	4,210,000.00	$	-	$	84,200.00	$	306,100.00	
05/01/32	$	4,210,000.00	$	140,000.00	$	84,200.00	$	-	
11/01/32	$	4,070,000.00	$	-	$	81,400.00	$	305,600.00	
05/01/33	$	4,070,000.00	$	145,000.00	$	81,400.00	$	-	
11/01/33	$	3,925,000.00	$	-	$	78,500.00	$	304,900.00	
05/01/34	$	3,925,000.00	$	150,000.00	$	78,500.00	$	-	
11/01/34	$	3,775,000.00	$	-	$	75,500.00	$	304,000.00	
05/01/35	$	3,775,000.00	$	160,000.00	$	75,500.00	$	-	
11/01/35	$	3,615,000.00	$	-	$	72,300.00	$	307,800.00	
05/01/36	$	3,615,000.00	$	165,000.00	$	72,300.00	$	-	
11/01/36	$	3,450,000.00	$	-	$	69,000.00	$	306,300.00	
05/01/37	$	3,450,000.00	$	170,000.00	$	69,000.00	$	-	
11/01/37	$	3,280,000.00	$	-	$	65,600.00	$	304,600.00	
05/01/38	$	3,280,000.00	$	180,000.00	$	65,600.00	$	-	
11/01/38	$	3,100,000.00	$	-	$	62,000.00	$	307,600.00	
05/01/39	$	3,100,000.00	$	185,000.00	$	62,000.00	$	-	
11/01/39	$	2,915,000.00	$	-	$	58,300.00	$	305,300.00	
05/01/40	$	2,915,000.00	$	195,000.00	$	58,300.00	$	-	
11/01/40	$	2,720,000.00	$	-	$	54,400.00	$	307,700.00	
05/01/41	$	2,720,000.00	$	200,000.00	$	54,400.00	$	-	
11/01/41	$	2,520,000.00	$	-	$	50,400.00	$	304,800.00	
05/01/42	$	2,520,000.00	$	210,000.00	$	50,400.00	$	-	
11/01/42	$	2,310,000.00	$	-	$	46,200.00	$	306,600.00	
05/01/43	$	2,310,000.00	$	220,000.00	$	46,200.00	$	-	
11/01/43	$	2,090,000.00	$	-	$	41,800.00	$	308,000.00	

Date		Balance		Prinicpal		Interest		Total	

05/01/44	
$	
2,090,000.00	
$	
225,000.00	
$	
41,800.00	
$	
-	
11/01/44	$	1,865,000.00	$	-	$	37,300.00	$	304,100.00	
05/01/45	$	1,865,000.00	$	235,000.00	$	37,300.00	$	-	
11/01/45	$	1,630,000.00	$	-	$	32,600.00	$	304,900.00	
05/01/46	$	1,630,000.00	$	245,000.00	$	32,600.00	$	-	
11/01/46	$	1,385,000.00	$	-	$	27,700.00	$	305,300.00	
05/01/47	$	1,385,000.00	$	255,000.00	$	27,700.00	$	-	
11/01/47	$	1,130,000.00	$	-	$	22,600.00	$	305,300.00	
05/01/48	$	1,130,000.00	$	265,000.00	$	22,600.00	$	-	
11/01/48	$	865,000.00	$	-	$	17,300.00	$	304,900.00	
05/01/49	$	865,000.00	$	275,000.00	$	17,300.00	$	-	
11/01/49	$	590,000.00	$	-	$	11,800.00	$	304,100.00	
05/01/50	$	590,000.00	$	290,000.00	$	11,800.00	$	-	
11/1/50	$	300,000.00	$	-	$	6,000.00	$	307,800.00	
5/1/51	$	300,000.00	$	300,000.00	$	6,000.00	$	306,000.00	
			$	4,840,000.00	$	2,899,587.50	$	7,951,400.00	
Proposed Budget
Series 2021 Debt Service Fund

Description	Adopted Budget FY2026	Actuals Thru 2/28/26	Projected Next
7 Months	Total Thru 9/30/26	Proposed Budget FY2027	

Revenues						
Special Assessments	$	276,824	$	269,911	$	6,912	$	276,824	$	276,824	
Interest	$	6,636	$	3,589	$	5,025	$	8,613	$	4,307	
Carry Forward Surplus	$	134,371	$	135,861	$	-	$	135,861	$	147,136	
Total Revenues	$	417,832	$	409,362	$	11,937	$	421,299	$	428,267	

Expenditures						
Interest Expense - 11/1	$	82,081	$	82,081	$	-	$	82,081	$	80,775	
Principal Expense - 5/1	$	110,000	$	-	$	110,000	$	110,000	$	115,000			
Interest Expense - 5/1	$	82,081	$	-	$	82,081	$	82,081	$	80,775			
Total Expenditures	$	274,163	$	82,081	$	192,081	$	274,163	$	276,550	
						
Excess Revenues/(Expenditures)	$	143,669	$	327,281	$	(180,144)	$	147,136	$	151,717	

*Carry forward less amount in Reserve funds.	

Interest Expense 11/1/27	

 $	79,050 				
	Total	$	79,050				

Product	Assessable Units	Maximum Annual Debt Service	Net Assessment Per Unit	Gross Assessment Per Unit			
Single Family	205	$	276,824	$1,350	$1,452	
	205	$	276,824			

Date		Balance		Prinicpal		Interest		Total	
									
11/01/26	$	4,435,000.00	$	-	$	80,775.00	$	272,856.25	
05/01/27	$	4,435,000.00	$	115,000.00	$	80,775.00	$	-	
11/01/27	$	4,320,000.00	$	-	$	79,050.00	$	274,825.00	
05/01/28	$	4,320,000.00	$	120,000.00	$	79,050.00	$	-	
11/01/28	$	4,200,000.00	$	-	$	77,250.00	$	276,300.00	
05/01/29	$	4,200,000.00	$	120,000.00	$	77,250.00	$	-	
11/01/29	$	4,080,000.00	$	-	$	75,450.00	$	272,700.00	
05/01/30	$	4,080,000.00	$	125,000.00	$	75,450.00	$	-	
11/01/30	$	3,955,000.00	$	-	$	73,575.00	$	274,025.00	
05/01/31	$	3,825,000.00	$	130,000.00	$	73,575.00	$	-	
11/01/31	$	3,825,000.00	$	-	$	71,625.00	$	275,200.00	
05/01/32	$	3,825,000.00	$	135,000.00	$	71,625.00	$	-	
11/01/32	$	3,690,000.00	$	-	$	69,346.88	$	275,971.88	
05/01/33	$	3,690,000.00	$	140,000.00	$	69,346.88	$	-	
11/01/33	$	3,550,000.00	$	-	$	66,984.38	$	276,331.25	
05/01/34	$	3,550,000.00	$	145,000.00	$	66,984.38	$	-	
11/01/34	$	3,405,000.00	$	-	$	64,537.50	$	276,521.88	
05/01/35	$	3,405,000.00	$	145,000.00	$	64,537.50	$	-	
11/01/35	$	3,260,000.00	$	-	$	62,090.63	$	271,628.13	
05/01/36	$	3,260,000.00	$	150,000.00	$	62,090.63	$	-	
11/01/36	$	3,110,000.00	$	-	$	59,559.38	$	271,650.00	
05/01/37	$	3,110,000.00	$	155,000.00	$	59,559.38	$	-	
11/01/37	$	2,955,000.00	$	-	$	56,943.75	$	271,503.13	
05/01/38	$	2,955,000.00	$	165,000.00	$	56,943.75	$	-	
11/01/38	$	2,790,000.00	$	-	$	54,159.38	$	276,103.13	
05/01/39	$	2,790,000.00	$	170,000.00	$	54,159.38	$	-	
11/01/39	$	2,620,000.00	$	-	$	51,290.63	$	275,450.00	
05/01/40	$	2,620,000.00	$	175,000.00	$	51,290.63	$	-	
11/01/40	$	2,265,000.00	$	-	$	48,337.50	$	274,628.13	
05/01/41	$	2,265,000.00	$	180,000.00	$	48,337.50	$	-	
11/01/41	$	2,265,000.00	$	-	$	45,300.00	$	273,637.50	
05/01/42	$	2,265,000.00	$	185,000.00	$	45,300.00	$	-	
11/01/42	$	2,080,000.00	$	-	$	41,600.00	$	271,900.00	
05/01/43	$	2,080,000.00	$	195,000.00	$	41,600.00	$	-	
11/01/43	$	1,885,000.00	$	-	$	37,700.00	$	274,300.00	
05/01/44	$	1,885,000.00	$	205,000.00	$	37,700.00	$	-	
11/01/44	$	1,680,000.00	$	-	$	33,600.00	$	276,300.00	
05/01/45	$	1,680,000.00	$	210,000.00	$	33,600.00	$	-	

Date		Balance		Prinicpal		Interest		Total	

11/01/45	
$	
1,470,000.00	
$	
-	
$	
29,400.00	
$	
273,000.00	
05/01/46	$	1,470,000.00	$	220,000.00	$	29,400.00	$	-	
11/01/46	$	1,250,000.00	$	-	$	25,000.00	$	274,400.00	
05/01/47	$	1,250,000.00	$	230,000.00	$	25,000.00	$	-	
11/01/47	$	1,020,000.00	$	-	$	20,400.00	$	275,400.00	
05/01/48	$	1,020,000.00	$	240,000.00	$	20,400.00	$	-	
11/01/48	$	780,000.00	$	-	$	15,600.00	$	276,000.00	
05/01/49	$	780,000.00	$	250,000.00	$	15,600.00	$	-	
11/01/49	$	530,000.00	$	-	$	10,600.00	$	276,200.00	
05/01/50	$	530,000.00	$	260,000.00	$	10,600.00	$	-	
11/1/50	$	270,000.00	$	-	$	5,400.00	$	276,000.00	
5/1/51	$	270,000.00	$	270,000.00	$	5,400.00	$	275,400.00	
			$	4,435,000.00	$	2,511,150.00	$	7,138,231.25		
Proposed Budget
Series 2022 Debt Service Fund

Description	Adopted Budget FY2026	Actuals Thru 2/28/26	Projected Next
7 Months	Total Thru 9/30/26	Proposed Budget FY2027	

Revenues						
Special Assessments	$	797,850	$	777,926	$	19,924	$	797,850	$	797,850	
Interest	$	20,684	$	11,612	$	16,257	$	27,869	$	13,935	
Carry Forward Surplus	$	499,694	$	461,253	$	-	$	461,253	$	490,287	
Total Revenues	$	1,318,228	$	1,250,791	$	36,181	$	1,286,972	$	1,302,071	

Expenditures						
Interest Expense - 11/1	$	285,843	$	285,843	$	-	$	285,843	$	281,118	
Principal Expense - 5/1	$	225,000	$	-	$	225,000	$	225,000	$	235,000				
Interest Expense - 5/1	$	285,843	$	-	$	285,843	$	285,843	$	281,118				
Total Expenditures	$	796,685	$	285,843	$	510,843	$	796,685	$	797,235	
						
Excess Revenues/(Expenditures)	$	521,543	$	964,948	$	(474,661)	$	490,287	$	504,836	

*Carry forward less amount in Reserve funds.	

Interest Expense 11/1/27	

 $	276,183 				
	Total	$	276,183				

Product	Assessable Units	Maximum Annual Debt Service	Net Assessment Per Unit	Gross Assessment Per Unit			
Single Family - Phase 3	382	$	515,700	$1,350	$1,452	
Single Family - Phase 4	209	$	282,150	$1,350	$1,452	
		$	797,850			

Date		Balance		Prinicpal		Interest		Total	
									
11/01/26	$	11,440,000.00	$	-	$	281,117.50	$	791,960.00	
05/01/27	$	11,440,000.00	$	235,000.00	$	281,117.50	$	-	
11/01/27	$	11,440,000.00	$	-	$	276,182.50	$	792,300.00	
05/01/28	$	11,440,000.00	$	245,000.00	$	276,182.50	$	-	
11/01/28	$	11,195,000.00	$	-	$	270,792.50	$	791,975.00	
05/01/29	$	11,195,000.00	$	260,000.00	$	270,792.50	$	-	
11/01/29	$	10,935,000.00	$	-	$	265,072.50	$	795,865.00	
05/01/30	$	10,935,000.00	$	270,000.00	$	265,072.50	$	-	
11/01/30	$	10,665,000.00	$	-	$	259,132.50	$	794,205.00	
05/01/31	$	10,090,000.00	$	280,000.00	$	259,132.50	$	-	
11/01/31	$	10,090,000.00	$	-	$	252,972.50	$	792,105.00	
05/01/32	$	10,090,000.00	$	295,000.00	$	252,972.50	$	-	
11/01/32	$	10,090,000.00	$	-	$	246,482.50	$	794,455.00	
05/01/33	$	10,090,000.00	$	310,000.00	$	246,482.50	$	-	
11/01/33	$	9,780,000.00	$	-	$	239,197.50	$	795,680.00	
05/01/34	$	9,780,000.00	$	320,000.00	$	239,197.50	$	-	
11/01/34	$	9,460,000.00	$	-	$	231,677.50	$	790,875.00	
05/01/35	$	9,460,000.00	$	340,000.00	$	231,677.50	$	-	
11/01/35	$	9,120,000.00	$	-	$	223,687.50	$	795,365.00	
05/01/36	$	9,120,000.00	$	355,000.00	$	223,687.50	$	-	
11/01/36	$	8,765,000.00	$	-	$	215,345.00	$	794,032.50	
05/01/37	$	8,765,000.00	$	370,000.00	$	215,345.00	$	-	
11/01/37	$	8,395,000.00	$	-	$	206,650.00	$	791,995.00	
05/01/38	$	8,395,000.00	$	390,000.00	$	206,650.00	$	-	
11/01/38	$	8,005,000.00	$	-	$	197,485.00	$	794,135.00	
05/01/39	$	8,005,000.00	$	410,000.00	$	197,485.00	$	-	
11/01/39	$	7,595,000.00	$	-	$	187,850.00	$	795,335.00	
05/01/40	$	7,595,000.00	$	430,000.00	$	187,850.00	$	-	
11/01/40	$	6,245,000.00	$	-	$	177,745.00	$	795,595.00	
05/01/41	$	6,245,000.00	$	450,000.00	$	177,745.00	$	-	
11/01/41	$	6,245,000.00	$	-	$	167,170.00	$	794,915.00	
05/01/42	$	6,245,000.00	$	470,000.00	$	167,170.00	$	-	
11/01/42	$	6,245,000.00	$	-	$	156,125.00	$	793,295.00	
05/01/43	$	6,245,000.00	$	495,000.00	$	156,125.00	$	-	
11/01/43	$	5,750,000.00	$	-	$	143,750.00	$	794,875.00	
05/01/44	$	5,750,000.00	$	520,000.00	$	143,750.00	$	-	
11/01/44	$	5,230,000.00	$	-	$	130,750.00	$	794,500.00	
05/01/45	$	5,230,000.00	$	545,000.00	$	130,750.00	$	-	
11/01/45	$	4,685,000.00	$	-	$	117,125.00	$	792,875.00	
05/01/46	$	4,685,000.00	$	575,000.00	$	117,125.00	$	-	
11/01/46	$	4,110,000.00	$	-	$	102,750.00	$	794,875.00	

Date		Balance		Prinicpal		Interest		Total	

05/01/47	
$	
4,110,000.00	
$	
600,000.00	
$	
102,750.00	
$	
-	
11/01/47	$	3,510,000.00	$	-	$	87,750.00	$	790,500.00	
05/01/48	$	3,510,000.00	$	635,000.00	$	87,750.00	$	-	
11/01/48	$	2,875,000.00	$	-	$	71,875.00	$	794,625.00	
05/01/49	$	2,875,000.00	$	665,000.00	$	71,875.00	$	-	
11/01/49	$	2,210,000.00	$	-	$	55,250.00	$	792,125.00	
05/01/50	$	2,210,000.00	$	700,000.00	$	55,250.00	$	-	
11/01/50	$	1,510,000.00	$	-	$	37,750.00	$	793,000.00	
05/01/51	$	1,510,000.00	$	735,000.00	$	37,750.00	$	-	
11/01/51	$	775,000.00	$	-	$	19,375.00	$	792,125.00	
05/01/52	$	775,000.00	$	775,000.00	$	19,375.00	$	794,375.00	
			$	11,675,000.00	$	9,242,120.00	$	21,427,962.50	
Proposed Budget Capital Reserve Fund

	Adopted Budget FY2026	Actuals Thru 2/28/26	Projected Next
7 Months	Total Projected 9/30/26	Proposed Budget FY2027		

Revenues							
Interest	$	2,828	$	2,790	$	3,905	$	6,695	$	3,347	
Carry Forward Surplus	$	200,279	$	200,874	$	-	$	200,874	$	236,560	
Total Revenues	$	203,107	$	203,664	$	3,905	$	207,569	$	239,907	

Expenditures							
Capital Outlay	$	-	$	-	$	-	$	-	$	-	
Total Expenditures	$	-	$	-	$	-	$	-	$	-	

Other Financing Sources/(Uses)							
Transfer In (Out)	$	28,990	$	-	$	28,990	$	28,990	$	34,841	
Total Other Financing Sources/(Uses)	$	28,990	$	-	$	28,990	$	28,990	$	34,841	
							
Excess Revenues/(Expenditures)	$	232,097	$	203,664	$	32,896	$	236,560	$	274,748	

!!"#$%& 5
RESOLUTION 2026-08
A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE HAMMOCK RESERVE COMMUNITY DEVELOPMENT DISTRICT IMPLEMENTING SECTION 190.006(3)(A)2.C., FLORIDA STATUTES AND INSTRUCTING THE POLK COUNTY SUPERVISOR OF ELECTIONS TO CONDUCT THE DISTRICT’S GENERAL ELECTION; PROVIDING FOR COMPENSATION; SETTING FORTH THE TERMS OF OFFICE; AUTHORIZING NOTICE OF THE QUALIFYING PERIOD; AND PROVIDING FOR SEVERABILITY AND AN EFFECTIVE DATE.

WHEREAS, the Hammock Reserve Community Development District (the “District”) is a local unit of special-purpose government created and existing pursuant to Chapter 190, Florida Statutes, being situated entirely within Polk County, Florida;
WHEREAS, the Board of Supervisors of the District (the “Board”) seeks to implement Section 190.006(3)(a)2.c., Florida Statutes, and to instruct the Supervisor of Elections for Polk County, Florida (“Supervisor of Elections”), to conduct the District’s elections by the qualified electors of the District at the 2026 general election (“General Election”).

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE HAMMOCK RESERVE COMMUNITY DEVELOPMENT DISTRICT:

CURRENT BOARD MEMBERS. The Board is currently made up of the following individuals, seats and terms:

Seat Number	Supervisor	Term Expiration Date	
1	Lindsey Roden	November 2028	
2	Emily Hazelrig	November 2026	
3	Bobbie Shockley	November 2026	
4	Jessica Spencer	November 2028	
5	William (“Bill”) Nolan	November 2026	

GENERAL ELECTION SEATS. Seat 2 and Seat 5 with terms expiring in November 2026 are scheduled for the General Election in November 2026. The District Manager is hereby authorized to notify the Supervisor of Elections of the seats subject to General Election for the current election year, and for each subsequent election year. The remaining seat expiring in November 2026, Seat 3, will be filled by landowner election.
QUALIFICATION PROCESS. For each General Election, all candidates shall qualify for individual seats in accordance with Section 99.061, Florida Statutes, and must also be a qualified elector of the District. A qualified elector is any person at least 18 years of age who is a citizen of the United States, a legal resident of the State of Florida and of the District, and who
is registered to vote with the Polk County Supervisor of Elections. Campaigns shall be conducted in accordance with Chapter 106, Florida Statutes.

COMPENSATION. Each member of the Board is entitled to receive $200 per meeting for their attendance; up to a maximum of $4,800 per year.
TERM OF OFFICE. The term of office for the individuals to be elected to the Board in the General Election is four (4) years. The newly elected Board members shall assume office on the second Tuesday following the election.
REQUEST TO SUPERVISOR OF ELECTIONS. The District hereby requests that the Supervisor of Elections conduct the District’s General Election in November 2026, and for each subsequent General Election unless otherwise directed by the District Manager. The District understands that it will be responsible to pay for its proportionate share of the General Election cost and agrees to pay same within a reasonable time after receipt of an invoice from the Supervisor of Elections.
PUBLICATION. The District Manager is directed to publish a notice of the qualifying period for each General Election, in a form substantially similar to Exhibit A attached hereto.
SEVERABILITY. The invalidity or unenforceability of any one or more provisions of this Resolution shall not affect the validity or enforceability of the remaining portions of this Resolution, or any part thereof.

EFFECTIVE DATE. This Resolution shall become effective upon its passage.
PASSED AND ADOPTED this 2nd day of April 2026.

ATTEST:
HAMMOCK RESERVE COMMUNITY DEVELOPMENT DISTRICT

 
Secretary/Assistant Secretary	Chairperson/Vice Chairperson, Board of Supervisors

Exhibit A: Sample Notice of Qualifying Period
EXHIBIT A
SAMPLE NOTICE OF QUALIFYING PERIOD

NOTICE OF QUALIFYING PERIOD FOR CANDIDATES FOR THE BOARD OF SUPERVISORS OF THE
HAMMOCK RESERVE COMMUNITY DEVELOPMENT DISTRICT

Notice is hereby given that the qualifying period for candidates for the office of Supervisor of the Hammock Reserve Community Development District will commence at noon on Monday, June 8, 2026, and close at noon on Friday, June 12, 2026. Candidates must qualify for the office of Supervisor with the Polk County Supervisor of Elections located at 250 S Broadway Ave, Bartow, Florida 33830. The Supervisor of elections may be contacted by phone at (863) 534-5888. All candidates shall qualify for individual seats in accordance with Section 99.061, Florida Statutes, and must also be a “qualified elector” of the District, as defined in Section 190.003, Florida Statutes. A “qualified elector” is any person at least 18 years of age who is a citizen of the United States, a legal resident of the State of Florida and of the District, and who is registered to vote with the Polk County Supervisor of Elections. Campaigns shall be conducted in accordance with Chapter 106, Florida Statutes.

The Hammock Reserve Community Development District has two (2) seats up for election through the general election process, specifically Seats 2 and 5. Each seat carries a four (4)-year term of office. Elections are non-partisan and will be held at the same time as the general election on November 3, 2026, and in the manner prescribed by law for general elections.

For additional information, please contact the Polk County Supervisor of Elections.

Publish on or before 	, 2026

!!"#$%& 6

!!"#$%& "
April ,02,2026

Completed Items
Amenity retaining wall washout along the side of the structure has been fully repaired using a combination of stone and soil to ensure stability.
Exterior lights at the amenity that were missing globes have been replaced.
Inspection of the fencing was conducted, and all damaged or blown-out sections have been successfully repaired.
The approved dog stations have now been installed throughout Phases 3 and 4 of the District.
The Landscape vendor has conducted a review of the plant damage by the freeze.

Contracted Services
Landscaping: The vendors are currently performing well and continue to maintain the grounds effectively. As we are in April, the frequency of mows will increase to weekly service for common areas and bi-weekly service for pond areas.
Pool Maintenance: The pool is being maintained according to established standards.
Janitorial: The vendor is maintaining the amenity restrooms and dog stations in a clean and orderly condition. We are currently ensuring that all new stations are integrated into their regular cleaning rotation.
Lake Maintenance: The community ponds are currently being maintained to professional standards. As temperatures rise, there is an anticipated increase in vegetation and algae growth. We are working closely with our maintenance vendor to ensure these areas are treated appropriately.

Hammock Reserve CDD | Allen Bailey Field Manager | abailey@gmscfl.com |407-460-4424

!!"#$%& i

200 S. F. Street					
Haines City, Florida 33844					
Phone 863-422-5207 | Fax 863-422-1816

Date: 3.26.2026			Polk County License # 214815		
SUBMITTED TO:		Job Name / Location:			
GMS Services
345 W Central
Orlando,Fl 32801 Allen Bailey Phone:407.460.4424
Email: abailey@gmscfl.com		Hammock Reserve
Haines City, FL 33884			
Replace dead plant material					
	Qty	Unit	Unit Cost	TOTAL	
Faxahatchee grass	40	3g	$20.00	$800.00	
Oyster plant	300	1g	$10.00	$3,000.00	
Flax Lily	25	1g	$10.00	$250.00	
Walters Viburnum	50  3g	$20.00	$1,000.00			
Loropetalum (in place of the duranta)	319	3g	$20.00	$6,380.00	
				$0.00	
			total	$11,430.00	

The customer agrees, that by signing this proposal, it shall become a legal and binding contract and shall supersede any previous agreements, discussed or implied. The customer further agrees to all terms and conditions set forth within and shall be responsible for any/all court and/or attorney fees incurred by Prince and Sons, Inc.required to obtain collection for any portion of money owed for material and/or work performed by Prince and Sons Inc.
Submitted by: Mark Stripling	Accepted by:	
Date Submitted 3.26.2026	Date Accepted: 						

!!"#$%& ii

PROPOSAL
DATE	March 17, 2026
CUSTOMER NAME	Hammock Reserve
ADDRESS	Davenport
REQUESTED BY	Allen Bailey

Summer Schedule Options for the month of May - September (the months can be changed upon coordination)
One Additional Day of Service every week	$ 160.00 monthly (janitorial services 4th day a week)
Air freshener services:
Air freshener dispenser installation, with scent included	$ 50.00 reach Monthly Service, price per dispenser	$ 15.00 monthly

Deep clean and sanitization of tile and grout or rough floors
in restrooms (recommended at least once a year)	$ 250.00
Pressure wash covered patio floors	$ 180.00 Wash pool furniture, chairs and tanning chairs, price per piece	$ 9.00 each

CSS Clean Star Services of Central Florida, INC
Tracy Chacon	Sandro Di Lollo
(407) 456-9174	(407) 668-1338
tchacon@starcss.com	sdilollo@starcss.com

!!"#$%& "

!!"#$%& i

Summary of Check Register

February 20, 2026 through March 19, 2026

Fund	Date	Check No.'s	Amount	

General Fund	
2/26/26	
931-936	
$	26,710.47	
	3/5/26	937-938	$	8,666.06	
	3/12/26	939-946	 $	31,877.79 	
			$	67,254.32	
General Fund - Autopay	2/23/26	80066-80067	$	1,149.80	
	3/9/26	80068	$	110.00	
	3/16/26	80069-80080	 $	3,495.70 	
$	4,755.50

Payroll	February 20, 2026 through March 19, 2026

Emily Hazelrig	50027	$	184.70	
Lindsey Roden	50028	$	184.70	
Bobbie Shockley	50029	$	184.70	
Jessica Spencer	50030	 $	184.70 	
		$	738.80	
	Total Amount	$	72,748.62	
AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	3/26/26	PAGE	1
*** CHECK DATES 02/20/2026 - 03/19/2026 ***	HAMMOCK RESERVE GENERAL FUND
BANK A GENERAL FUND
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...	VENDOR NAME	STATUS	AMOUNT	....CHECK.....

POND MAINTENANCE JAN26

AQUATIC WEED MANAGEMENT, INC	800.00 000931
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/26/26 00071	1/21/26 3043	202601 310-51300-31100	*	792.25
APPLICATION ANALYSIS FEE
CITY OF LAKE ALFRED	792.25 000932
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
12	202601 320-53800-48000	*	550.00
FENCE REPAIR
13	202601 320-53800-48000	*	4,929.88
FENCE CLEANING
14	202601 320-53800-48000	*	165.00
END OF ROAD SIGN
15	202601 320-53800-48000	*	357.70
REFORM DRAINAGE, CEMENT
16	202601 320-53800-48000	*	602.50
TRASH PICK UP
GOVERNMENTAL MANAGEMENT SERVICES-TA	6,605.08 000933
-	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
14190	202601 310-51300-31500	*	1,110.50
GENERAL COUNSEL JAN26
KILINSKI VAN WYK PLLC	1,110.50 000934
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/26/26 00041	2/01/26 30465	202602 330-57200-48500	*	1,975.00
POOL MAINTENANCE FEB26
MCDONNELL CORPORATION DBA RESORT	1,975.00 000935
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/26/26 00027	2/01/26 22125	202602 320-53800-46200	*	15,201.92
LANDSCAPE MAINT FEB26
2/10/26 22331	202602 320-53800-47300	*	225.72
IRRIGATION REPAIR
PRINCE & SONS, INC.	15,427.64 000936
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/05/26 00037	3/05/26 03052026 202603 300-15500-10000	*	3,442.07
PLAYGROUND LEASE APR26
3/05/26 03052026 202603 300-15500-10000	*	3,733.19
PLAYGROUND LEASE APR26
HEIDI BONNETT DBA HNB PROPERTY, LLC	7,175.26 000937
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/05/26 00019	3/05/26 03052026 202603 300-15500-10000	*	1,490.80
EQUIPMENT LEASE APR26
WHFS LLC	1,490.80 000938
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/12/26 00056	2/24/26 21370	202602 320-53800-47000	*	800.00
POND MAINTENANCE FEB26
AQUATIC WEED MANAGEMENT, INC	800.00 000939
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	3/26/26	PAGE	2
*** CHECK DATES 02/20/2026 - 03/19/2026 ***	HAMMOCK RESERVE GENERAL FUND
BANK A GENERAL FUND
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
3/12/26 00044	2/24/26 17280	202602 330-57200-48200	*	1,575.00
CLEANING SERVICE FEB26
CSS OF CENTRAL FLORIDA	1,575.00 000940
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/12/26 00072	3/05/26 81903	202603 330-57200-48000	*	730.00
LOUNGE FURNITURE REPAIR
FLORIDA PATIO FURNITURE INC	730.00 000941
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
314	202511 320-53800-48000	*	110.00
FENCE REPAIR
317	202512 330-57200-48000	*	1,115.53
REPAIR EMERGENCY LIGHT
320	202603 320-53800-34000	*	1,716.67
FIELD MANAGEMENT
321	202603 310-51300-34000	*	3,862.50
MANAGEMENT FEES
321	202603 310-51300-35200	*	108.17
WEBSITE ADMINISTRATION
3/01/26 321	202603 310-51300-35100	*	162.25
INFORMATION TECHNOLOGY
3/01/26 321	202603 310-51300-31400	*	675.92
DISSEMINATION AGENT SVC
3/01/26 321	202603 330-57200-48300	*	1,287.50
AMENITY ACCESS
3/01/26 321	202603 310-51300-51000	*	.45
OFFICE SUPPLIES
3/01/26 321	202603 310-51300-42000	*	54.08
POSTAGE
GOVERNMENTAL MANAGEMENT SERVICES-CF	9,093.07 000942
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/12/26 00053	2/25/26 39130	202602 310-51300-49000	*	54.90
CODE VIOLATION ADMIN FEE
HAINES CITY POLICE DEPARTMENT	54.90 000943
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/12/26 00041	2/25/26 30767	202602 330-57200-48000	*	455.00
REPAIR POLE SLIDER
3/01/26 30836	202603 330-57200-48500	*	1,975.00
POOL MAINTENANCE MAR26
MCDONNELL CORPORATION DBA RESORT	2,430.00 000944
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/12/26 00027	3/01/26 22508	202603 320-53800-46200	*	15,201.92
LANDSCAPE MAINT MAR26
PRINCE & SONS, INC.	15,201.92 000945
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/12/26 00049	1/22/26 12437408 202510 330-57200-34500	*	1,992.90
SECURITY SERVICE OCT25
SECURITAS SECURITY SERVICES USA INC	1,992.90 000946
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
TOTAL FOR BANK A	67,254.32
AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	3/26/26	PAGE	3
*** CHECK DATES 02/20/2026 - 03/19/2026 ***	HAMMOCK RESERVE GENERAL FUND
BANK A GENERAL FUND
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#

HAMR HAMMOCK RESERV ZYAN
AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	3/26/26	PAGE	4
*** CHECK DATES 02/20/2026 - 03/19/2026 ***	HAMMOCK RESERVE GENERAL FUND
BANK Z GENERAL FUND AUTOPAY
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
2/23/26 00028	2/17/26 1947-02. 202602 320-53800-43100	*	1,073.52
817 PRADO GRANDE FEB26
DUKE ENERGY	1,073.52 080066
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/23/26 00028	2/19/26 0406-02. 202602 320-53800-43000	*	76.28
1930 POLK CITY FEB26
DUKE ENERGY	76.28 080067
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/09/26 00068	3/05/26 4610-03. 202603 330-57200-44000	*	110.00
3510 YARIAN AMEN MAR26
SPECTRUM BUSINESS	110.00 080068
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	- - - - - - - - - - - - - - - - - - - -
3/16/26 00028	3/10/26 2471-02. 202602 320-53800-43100	*	947.80
0 PRADO GRADE LITE FEB26
DUKE ENERGY	947.80 080069
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	- - - - - - - - - - - - - - - - - - - -
3/16/26 00028	3/10/26 9263-02. 202602 320-53800-43000	*	75.38
1190 POLK CITY WP FEB26
DUKE ENERGY	75.38 080070
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	- - - - - - - - - - - - - - - - - - - -
3/16/26 00028	3/11/26 9601-02. 202602 320-53800-43000	*	273.98
3882 WHITNEY LIFT FEB26
DUKE ENERGY	273.98 080071
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	- - - - - - - - - - - - - - - - - - - -
3/16/26 00028	3/13/26 0127-02. 202602 320-53800-43000	*	21.67
4201 DELEON FEB26
DUKE ENERGY	21.67 080072
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	- - - - - - - - - - - - - - - - - - - -
3/16/26 00028	3/13/26 1387-02. 202602 320-53800-43000	*	87.26
2601 REYES PT IRRG FEB26
DUKE ENERGY	87.26 080073
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	- - - - - - - - - - - - - - - - - - - -
3/16/26 00028	3/13/26 1446-02. 202602 320-53800-43000	*	22.45
2800 WHITE FEB26
DUKE ENERGY	22.45 080074
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	- - - - - - - - - - - - - - - - - - - -
3/16/26 00028	3/13/26 2194-02. 202602 320-53800-43000	*	32.65
2686 TRINIDAD FEB26
DUKE ENERGY	32.65 080075
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	- - - - - - - - - - - - - - - - - - - -
3/16/26 00028	3/13/26 3050-02. 202602 320-53800-43000	*	22.50
4595 BERNARD FEB26
DUKE ENERGY	22.50 080076
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	- - - - - - - - - - - - - - - - - - - -
3/16/26 00028	3/13/26 4362-02. 202602 330-57200-43000	*	775.44
3510 YARIAN AMEN FEB26
DUKE ENERGY	775.44 080077
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
HAMR HAMMOCK RESERV ZYAN
- - - - - - - - - - - - - - - - - - - -
AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	3/26/26	PAGE	5
*** CHECK DATES 02/20/2026 - 03/19/2026 ***	HAMMOCK RESERVE GENERAL FUND
BANK Z GENERAL FUND AUTOPAY

2678 TRINIDAD FEB26

4702 BERNARD FEB26
135.56

00 POLK CITY LITE FEB26
969.57

TOTAL FOR BANK Z	4,755.50
TOTAL FOR REGISTER	72,009.82

HAMR HAMMOCK RESERV ZYAN

!!"#$%& ii

Hammock Reserve
Community Development District

Unaudited Financial Reporting
February 28, 2026
Table of Contents

1		Balance Sheet	

2-3	
	General Fund	

4	
	Debt Service Fund Series 2020	

5	
	Debt Service Fund Series 2021	

6	
	Debt Service Fund Series 2022	

7	
	Capital Reserve Fund	

8-9	
	Month to Month	

10-11	
	Long Term Debt Report	

12	
	Assessment Receipt Schedule	
Combined Balance Sheet February 28, 2026

	General		Debt Service		Capital Reserve		Totals		
	Fund		Fund		Fund	Governmental Funds			
Assets:									
Cash:									
Operating Account	$	722,357	$	-	$	-	$	722,357	
State Board of Administration	$	58,511	$	-	$	-	$	58,511	
Capital Reserve Account	$	-	$	-	$	203,664	$	203,664	
Investments:									
Series 2020									
Reserve	$	-	$	154,000	$	-	$	154,000	
Revenue	$	-	$	347,041	$	-	$	347,041	
Series 2021									
Reserve	$	-	$	138,261	$	-	$	138,261	
Revenue	$	-	$	324,388	$	-	$	324,388	
Prepayment	$	-	$	110	$	-	$	110	
Series 2022									
Reserve	$	-	$	397,933	$	-	$	397,933	
Revenue	$	-	$	999,939	$	-	$	999,939	
Prepayment	$	-	$	153	$	-	$	153	
Due from General Fund	$	-	$	13,897	$	-	$	13,897	
Prepaid Expenses	$	9,036	$	-	$	-	$	9,036	
Total Assets	$	789,904	$	2,375,722	$	203,664	$	3,369,290	
Liabilities:									
Accounts Payable	$	9,599	$	-	$	-	$	9,599	
Due to Debt Service	$	13,897	$	-	$	-	$	13,897	
Total Liabilites	$	23,496	$	-	$	-	$	23,496	
Fund Balance:									
Nonspendable:									
Prepaid Items	$	9,036	$	-	$	-	$	9,036	
Restricted for:									
Debt Service - Series 2020	$	-	$	504,137	$	-	$	504,137	
Debt Service - Series 2021	$	-	$	465,541	$	-	$	465,541	
Debt Service - Series 2022	$	-	$	1,406,044	$	-	$	1,406,044	
Assigned for:									
Capital Reserves	$	-	$	-	$	203,664	$	203,664	
Unassigned	$	757,372	$	-	$	-	$	757,372	
Total Fund Balances	$	766,408	$	2,375,722	$	203,664	$	3,345,794	
									
Total Liabilities & Fund Balance	$	789,904	$	2,375,722	$	203,664	$	3,369,290	

		Adopted	Prorated Budget		Actual				
		Budget	Thru 02/28/26	Thru 02/28/26		Variance			

Revenues:									
Assessments - Tax Roll	$	842,100	$	821,074	$	821,074	$	-	
Interest Income	$	2,281	$	2,281	$	4,094	$	1,813	
Total Revenues	$	844,381	$	823,355	$	825,168	$	1,813	

Expenditures:									
General & Administrative:									
Supervisor Fees	$	12,000	$	5,000	$	800	$	4,200	
Employer FICA Expense	$	918	$	383	$	61	$	321	
Engineering	$	15,000	$	6,250	$	2,255	$	3,995	
Attorney	$	25,000	$	10,417	$	4,738	$	5,679	
Annual Audit	$	9,200	$	-	$	-	$	-	
Assessment Administration	$	5,732	$	5,732	$	5,732	$	-	
Arbitrage	$	1,350	$	450	$	450	$	-	
Dissemination	$	8,111	$	3,380	$	3,380	$	0	
Trustee Fees	$	13,335	$	9,462	$	9,462	$	-	
Management Fees	$	46,350	$	19,313	$	19,313	$	-	
Information Technology	$	1,947	$	811	$	811	$	(0)	
Website Maintenance	$	1,298	$	541	$	541	$	(0)	
Postage & Delivery	$	1,000	$	417	$	185	$	232	
Insurance	$	8,282	$	8,282	$	7,764	$	518	
Copies	$	500	$	208	$	33	$	175	
Legal Advertising	$	2,500	$	1,042	$	639	$	403	
Other Current Charges	$	1,550	$	646	$	2,162	$	(1,516)	
Office Supplies	$	625	$	260	$	3	$	257	
Dues, Licenses & Subscriptions	$	175	$	175	$	175	$	-	
Total General & Administrative	$	154,873	$	72,767	$	58,503	$	14,264	

	Adopted	Prorated Budget	Actual		
	Budget	Thru 02/28/26	Thru 02/28/26	Variance	

Operations & Maintenance					
Field Expenditures
Property Insurance	

$	23,995	

$	23,995	

$	20,742	

$	3,253	
Field Management	$	20,600	$	8,583	$	8,583	$	0	
Landscape Maintenance	$	195,700	$	81,542	$	76,010	$	5,532	
Landscape Replacement	$	45,000	$	18,750	$	293	$	18,457	
Pond Maintenance	$	10,200	$	4,250	$	4,000	$	250	
Streetlights	$	39,486	$	16,452	$	20,180	$	(3,727)	
Electric	$	13,200	$	5,500	$	6,729	$	(1,229)	
Sidewalk & Asphalt Maintenance	$	2,500	$	1,042	$	-	$	1,042	
Irrigation Repairs	$	7,000	$	2,917	$	2,509	$	407	
General Repairs & Maintenance	$	22,500	$	9,375	$	9,715	$	(340)	
Contingency	$	10,000	$	4,167	$	9,963	$	(5,796)	
Subtotal Field Expenditures	$	390,181	$	176,572	$	158,724	$	17,848	

Amenity Expenditures
Amenity - Electric	

$	14,500	

$	6,042	

$	6,260	

$	(218)	
Amenity - Water	$	10,000	$	4,167	$	3,037	$	1,130	
Playground Lease	$	98,030	$	40,846	$	43,330	$	(2,485)	
Internet	$	1,500	$	625	$	550	$	75	
Pest Control	$	3,544	$	1,477	$	40	$	1,437	
Janitorial Services	$	19,505	$	8,127	$	7,635	$	492	
Security Services	$	36,000	$	15,000	$	8,522	$	6,478	
Pool Maintenance	$	24,408	$	10,170	$	9,875	$	295	
Amenity Management	$	15,450	$	6,438	$	6,438	$	-	
Amenity Repairs & Maintenance	$	10,000	$	4,167	$	1,910	$	2,257	
Annual Maintenance of Water Filtration System	$	2,400	$	1,000	$	-	$	1,000	
Holiday Decorations	$	20,000	$	8,333	$	15,400	$	(7,067)	
Contingency	$	15,000	$	6,250	$	-	$	6,250	
Subtotal Amenity Expenditures	$	270,337	$	112,640	$	102,997	$	9,644	
					
Total Operations & Maintenance	$	660,517	$	289,213	$	261,721	$	27,492	
					
Total Expenditures	$	815,390	$	361,980	$	320,224	$	41,756	
					
Excess (Deficiency) of Revenues over Expenditures	$	28,990		$	504,944		

Other Financing Sources/(Uses):					
Transfer In/(Out)	$	(28,990)	$	-	$	-	$	-	
Total Other Financing Sources/(Uses)	$	(28,990)	$	-	$	-		
					
Net Change in Fund Balance	$	-		$	504,944		
					
Fund Balance - Beginning	$	-		$	261,464		
					
Fund Balance - Ending	$	-		$	766,408		

	Adopted	Prorated Budget		Actual					
		Budget	Thru 02/28/26	Thru 02/28/26		Variance			

Revenues:									
Assessments - Tax Roll	$	308,327	$	300,333	$	300,333	$	-	
Interest	$	7,110	$	3,824	$	3,824	$	-	
Total Revenues	$	315,437	$	304,156	$	304,156	$	-	

Expenditures:									
Interest - 11/1	$	96,813	$	96,813	$	96,813	$	-	
Principal - 5/1	$	115,000	$	-	$	-	$	-	
Interest - 5/1	$	96,813	$	-	$	-	$	-	
Total Expenditures	$	308,625	$	96,813	$	96,813	$	-	
									
Net Change in Fund Balance	$	6,812			$	207,344			
									
Fund Balance - Beginning	$	141,363			$	296,793			
									
Fund Balance - Ending	$	148,175			$	504,137			

		Adopted	Prorated Budget		Actual				
		Budget	Thru 02/28/26	Thru 02/28/26		Variance			

Revenues:									
Assessments - Tax Roll	$	276,824	$	269,911	$	269,911	$	-	
Interest	$	6,636	$	3,589	$	3,589	$	-	
Total Revenues	$	283,460	$	273,500	$	273,500	$	-	

Expenditures:									
Interest - 11/1	$	82,081	$	82,081	$	82,081	$	-	
Principal - 5/1	$	110,000	$	-	$	-	$	-	
Interest - 5/1	$	82,081	$	-	$	-	$	-	
Total Expenditures	$	274,163	$	82,081	$	82,081	$	-	
									
Net Change in Fund Balance	$	9,298			$	191,419			
									
Fund Balance - Beginning	$	134,371			$	274,122			
									
Fund Balance - Ending	$	143,669			$	465,541			

		Adopted	Prorated Budget		Actual				
		Budget	Thru 02/28/26	Thru 02/28/26		Variance			

Revenues:									
Assessments - Tax Roll	$	797,850	$	777,926	$	777,926	$	-	
Interest	$	20,684	$	11,612	$	11,612	$	-	
Total Revenues	$	818,534	$	789,538	$	789,538	$	-	

Expenditures:									
Interest - 11/1	$	285,843	$	285,843	$	285,843	$	-	
Principal - 5/1	$	225,000	$	-	$	-	$	-	
Interest - 5/1	$	285,843	$	-	$	-	$	-	
Total Expenditures	$	796,685	$	285,843	$	285,843	$	-	
									
Net Change in Fund Balance	$	21,849			$	503,696			
									
Fund Balance - Beginning	$	499,694			$	902,348			
									
Fund Balance - Ending	$	521,543			$	1,406,044			
Hammock Reserve
Community Development District Capital Reserve Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending February 28, 2026

Adopted	Prorated Budget	Actual		
Budget	Thru 02/28/26	Thru 02/28/26	Variance	

Revenues

Interest	

$	2,828	

$	2,790	

$	2,790	

$	

-	
Total Revenues	$	2,828	$	2,790	$	2,790	$	-	

Expenditures:

Capital Outlay	

$	-	

$	-	

$	-	

$	

-	
Total Expenditures	$	-	$	-	$	-	$	-	
						
Excess (Deficiency) of Revenues over Expenditures	$	2,828		$	2,790			

Other Financing Sources/(Uses)

Transfer In/(Out)	

$	28,990	

$	-	

$	-	

$	

-	
Total Other Financing Sources (Uses)	$	28,990	$	-	$	-	$	-	
						
Net Change in Fund Balance	$	31,818		$	2,790			
						
Fund Balance - Beginning	$	200,279		$	200,874			
						
Fund Balance - Ending	$	232,097		$	203,664			

Revenues:

Assessments - Tax Roll Interest Income	$	-
$	461	$	25,034
$	308	$	787,576
$	201	$	5,910
$	1,815	$	2,553
$	1,309	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	821,074
$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	4,094	
Total Revenues	$	461	$	25,342	$	787,777	$	7,726	$	3,862	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	825,168	

Expenditures:							
General & Administrative:							
Supervisor Fees	$	800	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	800	
Employer FICA Expense	$	-	$	61	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	61	
Engineering	$	63	$	1,400	$	-	$	792	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	2,255	
Attorney	$	1,243	$	1,920	$	465	$	1,111	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	4,738	
Annual Audit	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-	
Assessment Administration	$	5,732	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	5,732	
Arbitrage	$	-	$	-	$	450	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	450	
Dissemination	$	676	$	676	$	676	$	676	$	676	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	3,380	
Trustee Fees	$	5,388	$	4,074	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	9,462	
Management Fees	$	3,863	$	3,863	$	3,863	$	3,863	$	3,863	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	19,313	
Information Technology	$	162	$	162	$	162	$	162	$	162	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	811	
Website Maintenance	$	108	$	108	$	108	$	108	$	108	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	541	
Postage & Delivery	$	91	$	35	$	8	$	29	$	22	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	185	
Insurance	$	7,764	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	7,764	
Copies	$	-	$	-	$	-	$	33	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	33	
Legal Advertising	$	639	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	639	
Other Current Charges	$	830	$	1,100	$	81	$	53	$	98	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	2,162	
Boundary Amendment Expenses	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-	
Office Supplies	$	1	$	1	$	0	$	1	$	1	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	3	
Dues, Licenses & Subscriptions	$	175	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	175	
Total General & Administrative	$	27,533	$	13,401	$	5,813	$	6,827	$	4,930	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	58,503	

Operations & Maintenance

Field Expenditures Property Insurance Field Management Landscape Maintenance Landscape Replacement Pond Maintenance Streetlights
Electric
Irrigation Repairs
General Repairs & Maintenance Contingency

$	20,742  $
$	1,717  $
$	15,202  $
$	293  $
$	800  $
$	5,012  $
$	2,054  $
$	598  $
$	1,841  $
$	9,958  $

-  $
1,717  $
15,202  $
-  $
800  $
6,100  $
1,849  $
605  $
110  $
5  $

-  $
1,717  $
15,202  $
-  $
800  $
3,065  $
1,081  $
803  $
1,159  $
-  $

-  $
1,717  $
15,202  $
-  $
800  $
3,012  $
867  $
279  $
6,605  $
-  $

-  $
1,717  $
15,202  $
-  $
800  $
2,991  $
879  $
226  $
-  $
-  $

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

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

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

-  $	20,742
-  $	8,583
-  $	76,010
-  $	293
-  $	4,000
-  $	20,180
-  $	6,729
-  $	2,509
-  $	9,715
-  $	9,963

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

$	1,792  $
$	1,068  $
$	8,666  $
$	110  $
$	40  $
$	1,505  $
$	1,993  $
$	1,975  $
$	1,288  $
$	165  $
$	-  $
$	-  $

1,852  $
1,011  $
8,666  $
110  $
-  $
1,495  $
2,249  $
1,975  $
1,288  $
-  $
-  $
-  $

1,075  $
465  $
8,666  $
110  $
-  $
1,515  $
2,230  $
1,975  $
1,288  $
1,290  $
-  $
-  $

766  $
492  $
8,666  $
110  $
-  $
1,545  $
2,050  $
1,975  $
1,288  $
-  $
15,400  $
-  $

775  $
-  $
8,666  $
110  $
-  $
1,575  $
-  $
1,975  $
1,288  $
455  $
-  $
-  $

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

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

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

-  $	6,260
-  $	3,037
-  $	43,330
-  $	550
-  $	40
-  $	7,635
-  $	8,522
-  $	9,875
-  $	6,438
-  $	1,910
-  $	15,400
-  $	-

Hammock Reserve
Community Development District Long Term Debt Report

Series 2020, Special Assessment Revennue Bonds

Interest Rate:	2.625%, 3.250%, 4.000% Maturity Date:		5/1/2051
Reserve Fund Definition	50% Maximum Annual Debt Service Reserve Fund Requirement		$154,000
Reserve Fund Balance	$154,000

Bonds Outstanding - 10/22/20	$5,380,000
Principal - 5/1/22	($100,000)
Principal - 5/1/23	($105,000)
Principal - 5/1/24	($110,000)
Principal - 5/1/25	($110,000)	
Current Bonds Outstanding	$4,955,000	

Series 2021, Special Assessment Revenue Bonds

Interest Rate:	2.375%, 3.000%, 3.375%, 4.000%
Maturity Date:	5/1/2051
Reserve Fund Definition	50 % Maximum Annual Debt Service Reserve Fund Requirement		$138,261
Reserve Fund Balance	$138,261

Bonds Outstanding - 5/18/21	$4,990,000
Principal - 5/1/22	($100,000)
Special Call - 5/1/22	($20,000)
Special Call - 11/1/22	($5,000)
Principal - 5/1/23	($105,000)
Principal - 5/1/24	($105,000)
Principal - 5/1/25	($110,000)	
Current Bonds Outstanding	$4,545,000	
Hammock Reserve
Community Development District Long Term Debt Report

Series 2022, Special Assessment Revenue Bonds

Interest Rate:	4.200%, 4.400%, 4.700%, 5.000%
Maturity Date:	5/1/2052
Reserve Fund Definition	Maximum Annual Debt Service			
Reserve Fund Requirement	$397,933		
Reserve Fund Balance	$397,933		
Bonds Outstanding - 4/22/22		$14,235,000	
Principal - 5/1/23		($225,000)	
Special Call - 8/1/23		($420,000)	
Special Call - 11/1/23		($425,000)	
Special Call - 2/1/24		($410,000)	
Principal - 5/1/24		($420,000)	
Special Call - 2/1/25		($5,000)	
Principal - 5/1/25		($215,000)	
Current Bonds Outstanding		$12,115,000	
Hammock Reserve
COMMUNITY DEVELOPMENT DISTRICT
Special Assessment Receipts Fiscal Year 2026

ON ROLL ASSESSMENTS

Gross Assessments	$ 905,485.36	$  331,209.00	$  297,660.00	$  857,901.51	$ 2,392,255.87	
Net Assessments	$ 842,101.38	$  308,024.37	$  276,823.80	$  797,848.40	$ 2,224,797.96	
	38%	14%	12%	36%	100%	

Date	Distribution	Gross Amount	Discount/Penalty	Commission	Interest	Net Receipts	General Fund	2020 Debt Service 2021 Debt Service 2022 Debt Service	Total			

11.10.25	
ACH	
$5,202.44	
($211.91)	
($99.81)	
$0.00	
$4,890.72	
$1,851.17	
$677.12	
$608.54	
$1,753.89	
$4,890.72	
11.14.25	ACH	$2,333.29	($93.32)	($44.80)	$0.00	$2,195.17	$830.89	$303.92	$273.14	$787.22	$2,195.17	
11.21.25	ACH	$27,953.26	($1,118.14)	($536.70)	$0.00	$26,298.42	$9,954.13	$3,641.03	$3,272.22	$9,431.04	$26,298.42	
11.26.25	ACH	$34,816.86	($1,392.62)	($668.48)	$0.00	$32,755.76	$12,398.29	$4,535.05	$4,075.68	$11,746.74	$32,755.76	
12.8.25	ACH	$60,530.44	($2,421.23)	($1,162.18)	$0.00	$56,947.03	$21,554.85	$7,884.34	$7,085.72	$20,422.12	$56,947.03	
12.8.25	1% Fee Adj	($23,922.56)	$0.00	$0.00	$0.00	($23,922.56)	($9,054.85)	($3,312.09)	($2,976.60)	($8,579.02)	($23,922.56)	
12.19.25	ACH	$2,126,813.65	($85,073.67)	($40,834.80)	$0.00	$2,000,905.18	$757,356.42	$277,026.30	$248,965.61	$717,556.85	$2,000,905.18	
12.31.25	ACH	$49,631.77	($1,862.34)	($955.39)	$0.00	$46,814.04	$17,719.43	$6,481.43	$5,824.91	$16,788.27	$46,814.04	
01.09.26	ACH	$12,252.94	($367.59)	($237.71)	$0.00	$11,647.64	$4,408.72	$1,612.62	$1,449.27	$4,177.03	$11,647.64	
01.29.26	ACH	$0.00	$0.00	$0.00	$3,967.18	$3,967.18	$1,501.61	$549.26	$493.62	$1,422.69	$3,967.18	
02.12.26	ACH	$9,333.55	($2,449.99)	($137.67)	$0.00	$6,745.89	$2,553.37	$933.97	$839.37	$2,419.18	$6,745.89	
	Total	$ 2,304,945.64	$	(94,990.81)	$  (44,677.54)	$	3,967.18	$	2,169,244.47	$ 821,074.03	$  300,332.95	$  269,911.48	$  777,926.01	$ 2,169,244.47