Cypress Cove
	Community Development District	

www.cypresscovecdd.com

Maritza Abstencio, Chair Jonathan Kraljic, Vice Chair
Allan Wernikoff, Assistant Secretary Elza Lucius-Robinson, Assistant Secretary

May 5, 2026

Seat 3: Maritza Abstencio – (C.)		
Seat 4: Jonathan Kraljic – (V.C.)		
Seat 5: Allan Wernikoff – (A.S.)		
Seat 1: Elza Lucius-Robinson – (A.S)		
Seat 2: Open Seat		

Cypress Cove
Community Development District
Updated Agenda
Tuesday	Governmental Management Services
May 5, 2026	5385 N. Nob Hill Road, Sunrise, Florida 33351 7:00p.m.		https://us02web.zoom.us/j/87589499342 1-305-224-1968 or 1-646-931-3860
Meeting I.D.: 875 8949 9342

Roll Call

Organizational Matters
Consideration of Appointment of Supervisor(s) to Unexpired Term(s) of Office – Seat #2 (11/2026)

Oath of Office for Newly Appointed Supervisor(s) – Page 4

Election of Officer(s)

Approval of the Minutes of the April 7, 2026 Meeting – Page 5

Consideration of Resolution #2026-02 Approving the Proposed Fiscal Year 2027 Budget and Setting the Public Hearing – Page 10

Consideration of Proposals to Install Curb along Santa Monica Drive
Del Mar Builders – Page 22
911 Commercial Cleaning – Page 23

Anzco, Inc. – Page 24

Staff Reports
Attorney

Engineer – Entrance Monument Re-Design – Page 25

Field Report

Manager
Number of Registered Voters in the District – 434 – Page 26

2026 Candidate Qualifying Memorandum – Page 27

Financial Reports
Approval of Check Run Summary – Page 28

Approval of Unaudited Financials – Page 32

Supervisors Requests and Audience Comments
Adjournment

Meetings are open to the public and may be continued to a time, date and place certain. For more information regarding this CDD please visit the website: http://www.cypresscovecdd.com

Oath of Office
I, 	 a resident of the State of Florida and citizen of the United States of America, and being a Supervisor of the Cypress Cove Community Development District and a recipient of public funds on behalf of the District, do hereby solemnly swear or affirm that I will support the Constitution of the United States and of the State of Florida, and will faithfully, honestly and impartially discharge the duties devolving upon me in the office of Supervisor of the Cypress Cove Community Development District, 	, Florida.
Signature 	 Mailing Address 	

County of Residence: 	 Telephone #: 	 E-mail: 	 Date: 	

Sworn	to	(or	affirmed)	before	me	this			day	of		,	by
	 whose signature appears hereinabove.

Notary Public State of Florida

Print Name

My Commission expires Personally known 	 or produced identification 	
Type of identification	

MINUTES OF MEETING CYPRESS COVE
COMMUNITY DEVELOPMENT DISTRICT
The regular meeting of the Board of Supervisors of the Cypress Cove Community Development District was held on Tuesday, April 7, 2026, at 7:00 p.m. at 5385 N. Nob Hill Road, Sunrise, Florida.

Present and constituting a quorum were:
Maritza Abstencio	Chairperson
Jonathan Kraljic	Vice Chairperson
Allan Wernikoff	Assistant Secretary by Zoom
Elza Lucius-Robinson	Assistant Secretary Also present were:
Patrick Burgess	District Manager
Liza Smoker	District Counsel

FIRST ORDER OF BUSINESS	Roll Call
Mr. Burgess called the meeting to order and called the roll.

SECOND ORDER OR BUSINESS	Organizational Matters
Consideration of Appointment of Supervisor(s) to Unexpired Term(s) of Office – Seat #2 (11/2026)
Oath of Office for Newly Appointed Supervisor(s)
Election of Officer(s)
Mr. Burgess asked the Board if they had anyone they wished to appoint to the unexpired term of office for seat #2. The Board had no one to appoint at this time. Mr. Burgess stated this item would be tabled for the next meeting.

THIRD ORDER OR BUSINESS	Approval of the Minutes of the
March 3, 2026 Meeting

On MOTION by Ms. Abstencio seconded by Mr. Kraljic with all in favor, the Minutes of the March 3, 2026 Meeting were approved.

Mr. Burgess presented the minutes from the March 3, 2026 meeting, asked for any comments or corrections, and upon hearing none, asked for a motion to approve the minutes.

FOURTH ORDER OR BUSINESS	Consideration	of	Resolution
#2026-02 Approving the Proposed Fiscal Year 2027 Budget and Setting the Public Hearing
Mr. Burgess introduced item No. 4, consideration of resolution #2026-02 approving the proposed fiscal year 2027 budget and setting the public hearing and stated at the last meeting there was a discussion to reduce the O&M assessments by $200 which was being presented in the assessment table on page 21 of the agenda.
(At this point a discussion was held among the Board members, Mr. Burgess and Ms. Smoker relating to the proposed budget and creating a priority list of items to get done, such as the perimeter wall project, etc. and then the proposing the budget at the May meeting to include those items in the budget)(Mr. Burgess stated there wasn’t enough information available for the Board to approve the proposed budget at this time and suggested the May meeting would be best to have all that information included)

Ms. Abstencio commented they should table the proposed budget and bring it back to the May meeting adding the additional information that was discussed, and present the proposed budget with and without the $200 O&M assessment reduction before moving forward with setting the public hearing date.

FIFTH ORDER OR BUSINESS	Ratification of City of Margate –
April 2026 to March 2027 Hurricane or Other Disaster Debris Removal Agreement
Mr. Burgess presented the ratification of the City of Margate April, 2026 to March, 2027 hurricane or other disaster debris removal agreement and gave a brief explanation of this item stating this agreement is executed every year with the City of Margate for them to enter the community as needed for any disaster relieve debris removal. He then asked for any questions or comments and upon hearing none, he asked for a motion to ratify the agreement.

On MOTION by Ms. Abstencio seconded by Mr. Kraljic with all in favor, ratifying the City of Margate April, 2026 to March, 2027 Hurricane or Other Disaster Debris Removal Agreement was approved.

SIXTH ORDER OR BUSINESS	Consideration of Proposals to Install
Curb along Santa Monica Drive
Del Mar Builders
911 Commercial Cleaning
Mr. Burgess presented the proposals to install curb along Santa Monica Drive and stated there were two proposals in the agenda, one from Del Mar Builders, and one from 911 Commercial Cleaning, and also a handout proposal from Anzco which was included in the previous agenda.
(At this point a discussion was held among the Board members, Mr. Burgess and Ms. Smoker relating to the proposals)(The Board agreed to table this item and add Anzco’s proposal to the next agenda and make sure all 3 proposals were an apples to apples comparison)

SEVENTH ORDER OF BUSINESS	Staff Reports
Mr. Burgess moved on to staff reports and asked Ms. Smoker for her report.

Attorney
Ms. Smoker stated she had nothing to report other than to remind the Board members their Form 1 financial disclosures are due by the deadline date of July 1, 2026.

Engineer – Monument Sign Refacing Design Example
Mr. Burgess moved on to the engineer’s report and stated Mr. Geiger called in sick and was not able to attend, however, under his report was the monument sign refacing design example which he would pull up for the Board to take a look at and any questions the Board had he could relay to the Mr. Geiger.
(At this point a discussion was held among the Board members and Mr. Burgess relating to this item)

Field Report - Monthly Report
Mr. Burgess presented the field manager’s monthly report and gave a brief update on certain items and things he noticed around the community such as the guardrails between the lakes should probably be painted to look better, and some of the palm trees that were removed on the west side stating that area had no sod and didn’t look very good.
(At this point a discussion was held among the Board members and Mr. Burgess and relating to the field report)(The Board agreed to table the guardrail painting and the sidewalk item to the next meeting)

Mr. Burgess also presented a proposal from Just Call James in the amount of $1,525 to remove clusters of pittosporum and level out the area, also stump grind one existing royal palm stump and add new sod and grass to the area.
(At this point a discussion was held among the Board members and Mr. Burgess relating to this item)

On MOTION by Ms. Abstencio seconded by Mr. Kraljic with all in favor, accepting proposal #1556 from Just Call James to remove clusters of pittosporum, level out the area and sod it, also stump grind one royal palm stump and add new sod and grass in the amount of $1,525 was approved.

Manager
Mr. Burgess move on to the manager’s report and asked the Board if they would like to continue with the agenda books or would prefer the tablets. Ms. Abstencio stated she liked the agenda books better, and Mr. Kraljic agreed he liked the books as well stating it was harder to move around the pages with the tablet. Mr. Burgess then asked the Board if they wanted to continue with the current meeting time of 7:00 p.m. Mr. Kraljic stated he was ok with the current meeting time and Ms. Abstencio also agreed the current meeting time was fine.

EIGHTH ORDER OF BUSINESS	Financial Reports
Approval of Check Run Summary
Approval of Unaudited Financials
Mr. Burgess presented the check run summary and the unaudited financials, asked for any comments or questions, and upon not hearing any, he asked for a motion to accept the financial reports.

On MOTION by Ms. Abstencio seconded by Mr. Kraljic with all in favor, the Check Run Summary and the Unaudited Financials were approved.

NINTH ORDER OF BUSINESS	Supervisors	Requests	and
Audience Comments
Mr. Burgess asked if there were any Supervisor’s requests at this time.
Ms. Abstencio stated at NW 73rd by the monument and royal palm the irrigation was not working. Mr. Burgess stated he would have Just Call James Landscaping check on it.
Mr. Kraljic asked if they could check the cameras at the exit to make sure they were in good working condition and cleared of any spiderwebs and were focused properly. He also stated that one was flickering and was going in and out a lot. Mr. Burgess stated he would follow up and get as much information on the cameras as he could from Mr. Padilla and bring back any issues to the Board.
Mr. Burgess also stated there was no audience comments at this time.

TENTH ORDER OF BUSINESS	Adjournment
Mr. Burgess asked for a motion to adjourn the meeting.

On MOTION by Ms. Abstencio seconded by Mr. Kraljic with all in favor, the meeting was adjourned.

Secretary / Assistant Secretary	Chairman / Vice Chairman

RESOLUTION 2026-02
A RESOLUTION OF THE CYPRESS COVE COMMUNITY DEVELOPMENT DISTRICT APPROVING THE DISTRICT’S PROPOSED BUDGET FOR FISCAL YEAR 2027 AND SETTING A PUBLIC HEARING THEREON PURSUANT TO FLORIDA LAW
WHEREAS, the District Manager has prepared the proposed budget for the Fiscal Year
2027; and

WHEREAS, the Board of Supervisors approves the proposed budget for purpose of submitting said budget to the local governing authorities not less than 60 days prior to the public hearing date in accordance with Chapter 190.008(b), Florida Statutes: and
WHEREAS, the Board of Supervisors desires to set the public hearing date;

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE CYPRESS COVE COMMUNITY DEVELOPMENT DISTRICT:
The proposed budget for Fiscal Year 2027 is hereby approved for the purpose of conducting a public hearing to adopt said budget.
A public hearing on said approved budget is hereby declared and set for the following date, hour and place:

Date: 	 Hour: 	 Place: 	

Notice of public hearing shall be published in accordance with Florida Law. Adopted this 	 day of 	, 2026

Chairman/Vice Chairman

Secretary/Assistant Secretary

Cypress Cove	
Community Development District	

Proposed Budget	
FY 2027	

Table of Contents

1-2		General Fund	

3-5	
	Narratives	

6	
	Capital Reserve Fund	

7	
	Debt Service Fund Series 2023	

8	
	Series 2023 Amortization Schedule	

9	
	Assessment Schedule	

Cypress Cove	
Community Development District	
Proposed Budget	
General Fund	
	Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Proposed Budget	
Description	FY2026	3/31/26	
6 Months	9/30/26	FY 2027	
REVENUES:

Special Assessments - On Roll	$	481,076	$	424,159	$	56,918	$	481,076	$	444,416	
Interest income	6,000	4,049	1,951	6,000	5,000	
TOTAL REVENUES	$	487,076	$	428,208	$	58,869	$	487,076	$	449,416	

EXPENDITURES:						
Administrative						
Engineering	$	15,000	$	14,675	$	5,325	$	20,000	$	20,000	
Attorney	30,000	12,945	12,055	25,000	25,000	
Annual Audit	3,600	3,600	-	3,600	3,700	
Management Fees	18,599	9,300	9,300	18,599	19,715	
Website Maintenance	1,113	557	557	1,113	1,180	
Trustee Fees	4,434	-	4,434	4,434	4,434	
Telephone	100	-	100	100	100	
Postage & Delivery	250	293	-	293	250	
Printing & Binding	1,200	196	1,004	1,200	1,200	
Insurance General Liability	8,918	7,932	-	7,932	8,725	
Legal Advertising	1,000	-	1,000	1,000	1,000	
Other Current Charges	1,000	1,053	403	1,456	1,618	
Office Supplies	250	55	195	250	250	
Property Appraiser	400	400	-	400	400	
Dues, Licenses & Subscriptions	175	175	-	175	175	
First Quarter Operating Capital	85,000	-	85,000	85,000	67,490	
TOTAL ADMINISTRATIVE	$	171,039	$	51,180	$	119,373	$	170,553	$	155,237	
Field Expenditures						
Field Management	$	6,890	$	3,445	$	3,445	$	6,890	$	7,303	
Gate Maintenance	15,500	3,142	12,358	15,500	15,500	
Cable	4,800	1,499	3,301	4,800	4,800	
Phone	3,000	1,342	1,658	3,000	3,000	
Electric	12,500	6,293	6,207	12,500	13,125	
Lake Maintenance	7,500	3,450	3,450	6,900	7,500	
Landscape Maintenance	56,000	26,666	26,667	53,333	56,000	
Landscape - Other	10,000	1,760	8,240	10,000	10,000	
Irrigation Repairs	10,000	3,550	6,450	10,000	10,000	
Stormwater Drainage Maintenance	10,000	4,250	3,250	7,500	7,500	
Repairs & Maintenance	12,000	-	12,000	12,000	10,000	
Janitorial / Porter Services	7,500	3,150	4,350	7,500	9,450	
Pressure Cleaning	10,000	7,000	3,000	10,000	10,000	
Contingency	5,347	1,400	10,200	11,600	10,000	
Capital Outlay	20,000	-	20,000	20,000	-	
Emergency Reserves	20,000	-	20,000	20,000	15,000	

TOTAL FIELD EXPENDITURES	$	211,037	$	66,947	$	144,577	$	211,523	$	189,178	

TOTAL EXPENDITURES	$	382,076	$	118,126	$	263,950	$	382,076	$	344,416	

Cypress Cove	
Community Development District	
Proposed Budget	
General Fund	
	Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Proposed Budget	
Description	FY2026	3/31/26	
6 Months	9/30/26	FY 2027	

Other Sources/(Uses)						
Interfund Transfer In/(Out) - Capital Reserves	$	(105,000)	$	(105,000)	$	-	$	(105,000)	$	(105,000)	

TOTAL OTHER SOURCES/(USES)	$	(105,000)	$	(105,000)	$	-	$	(105,000)	$	(105,000)	

EXCESS REVENUES (EXPENDITURES)	$	-	$	205,082	$	(205,081)	$	-	$	-	

Product	Assessable Units	Net Assessment	Gross Assessment	FY26
Gross Per Unit	FY27
Gross Per Unit	Increase/ (Decrease)	

Single Family	195	$	444,416	$	472,783	$	2,624.53	$	2,424.53	$	(200.00)	

REVENUES	
Special Assessments-Tax Roll	
The District will levy a Non-Ad Valorem assessment on all sold and platted parcels within the District in order to pay for the operating expenditures during the Fiscal Year.	
Interest Income	
The District earns interest on the monthly average collected balance for each of their investment accounts.	

Expenditures - Administrative	
Engineering	
The District contracted with KCI TECHNOLOGIES, INC. to provide general engineering services to the District, i.e. attendance and preparation for monthly board meetings, review of invoices, and other specifically requested	
Attorney	
The District’s Attorney, BILLING, COCHRAN, LYLES, MAURO & RAMSEY, P.A will be providing general legal services to the District,  i.e., attendance and preparation for monthly Board meetings, review of contracts, review of agreements and
resolutions, and other research assigned as directed by the Board of Supervisors and the District Manager.	
Annual Audit	
The District is required to conduct an annual audit of its financial records by an Independent Certified Public Accounting Firm.
GRAU & ASSOCIATES have been engaged to provide this annual audit service from FY24 to FY33 at a cost of $3,600.00 for the FY24 with $100 increase annually.	
Management Fees	
The District receives Management, Accounting and Administrative services as part of a Management Agreement with Governmental Management Services-South Florida, LLC. The budgeted amount for the fiscal year is based on the contracted fees outlined in Exhibit "A" of the Management Agreement.	
Website Maintenance	
Per Chapter 2014-22, Laws of Florida, all Districts must have a website to provide detailed information on the CDD as well as links to useful websites regarding Compliance issues. This website will be maintained by GMS-SF, LLC and updated monthly.	
Trustee Fees	
The District holds bonds with US Bank and these bonds are administered by a Trustee. This represents the trustee annual fee.	
Communication - Telephone	
Any phone, internet and Wi-Fi services the Distric may incur.	
Postage and Delivery	
Actual postage and/or freight used for District mailings including agenda packages, vendor checks and other correspondence.	
Printing and Binding	
Copies used in the preparation of agenda packages, required mailings, and other special projects.	
Insurance General Liability	
The District's General Liability & Public Officials Liability Insurance policy is with EGIS INSURANCE & RISK ADVISORS that specializes in providing insurance coverage to governmental agencies. This amount is provided by the Insurance Carrier each	
Legal Advertising	
The District is required to advertise various notices for monthly Board meetings and other public hearings in a
newspaper of general circulation.	
Other Current Charges	
This includes monthly bank charges and any other miscellaneous expenses that incur during the year.	
Office Supplies	
Supplies used in the preparation and binding of agenda packages, required mailings, and other special projects.	
Property Appraiser	
The Broward County Board of Commissioners provides the District with a listing of the legal description of each property parcel within the District boundaries, and the names and addresses of the owners of such property. The District pays the County for the necessary administrative costs incurred to provide this service.	
Due, Licenses & Subscriptions	
The District is required to pay an annual fee to Florida Department of Commerce for $175.	

Expenditures - Field	
Field Management
The District has contracted with Governmental Management Services-Central Florida, LLC at an annual cost of $6,890.00 to provide on-site field management of contracts for the District services such as landscape and lake maintenance. Services to include weekly onsite inspections, meetings with contractors and monitoring of utility accounts.

Vendor:
Governmental Mgmt Services S-FL, LLC.
Gate Maintenance

Monthly :	Yearly :
$608.62	$7,303

The District has a contract with ASAP Gate Plus, LLC. for ongoing gate repairs & maintenance, on-site welding, electonic gate access control systems, tele-entry system changes and CCTV camera installation.
Cable
The District has a contract with Comcast for monthly cables services

Phone

Comcast
Acct # 8495 75 241 0489547
Acct # 8495 75 241 1027759

Amount:	Frequency:	Yearly :
$250.00	monthly	$3,000
$150.00	monthly		$1,800	
$4,800

The District has a contract with ATT for monthly phone services.

ATT
Acct # 330145441

Utilities - Electric

Amount:	Frequency:	Yearly :
$250.00	monthly		$3,000	
$3,000

The monthly cost of electricity for Cypress Cove CDD thru FPL.
	Frequency:		
Acct # 42952-75012 - Streetlights	$971.25	monthly	$11,655	
Acct # 22331-83371 - Wall Lights	$79.88	monthly	$959	
Acct # 73212-04260 - Gate Lights	$42.60	monthly		$511		

Lake Maintenance			$13,125	
The District has contracted with Solitude Lake Management to provide complete, high quality, maintenance of the lakes and aquatic Maintenance Areas of the District in accordance with the executed agreement.

Vendor / Services: Solitude Lake Management Contingencies

Amount:	Frequency:	Yearly :
$575.00	monthly	$6,900
	$600	
$7,500

Landscape Maintenance
The District has contracted with JUST CALL JAMES, INC. Landscaping company to provide monthly landscaping services including Turt mowing, edging, Debris&Trash, pruning, shrubs, trees, palms and annual fertilization services throughout all common areas of the District at the below rate:

Vendor / Services:
Just Call James, Inc.

Landscape - Other

Amount:	Frequency:	Yearly :
$4,666.66	monthly		$56,000	
$56,000

The District has contracted with JUST CALL JAMES, INC. Landscaping company for additional landscaping services as needed.
Irrigation Repairs
The District uses JUST CALL JAMES, INC. Landscaping company to provide irrigation repairs and maintenance throughout all common areas within the District.
Stormwater Drainage Maintenance
The District has contracted with INDUSTRIAL DIVERS CORP. INC., to provide certain vacuum, clearing, desilting, dredging, and repair services with respect to certain District drainage structures that constitute part of the District's stormwater managemenent system.

Expenditures - Field (Cont.)				
Repairs & Maintenance				
This expense represents any repairs and maintenance the District may incure throughout the fiscal year.	
Janitorial / Porter Services				
The District incurs janitorial / Cleaning / Porter Services as needed during the Fiscal Year.	
Vendor / Services:	Amount:	Frequency:	Yearly :	
911 Commercial Cleaning	$787.50	monthly	$9,450	
			
$9,450	
Contingency				
Miscellaneous and unforeseen expenses the District may incur during the fiscal year.	
Capital Outlay				
This expense represents any major repairs or purchase of capital assets that the District may need.	
Emergency Reserves				
This Reserve funding is for any emergency expenditures the District may occur.	

Cypress Cove	
Community Development District	
Proposed Budget	
Capital Reserve Fund	

REVENUES:

Interest Income	
Carry Forward Balance	

$	-	$	3,911	$	3,904	$	7,815	$	4,500	
190,000	190,849	-	190,849	143,164	

TOTAL REVENUES	$	190,000	$	194,760	$	3,904	$	198,664	$	147,664	

EXPENDITURES:

Capital Outlay						
Sidewalk Repairs	$	40,000	$	-	$	40,000	$	40,000	$	-	
Monument Repairs	70,000	-	70,000	70,000	-	
Landscaping - Entrance Enhancement	50,000	-	50,000	50,000	-	
Capital Improvement	-	-	-	-	50,000	
Other Current Charges	500	-	500	500	500	

TOTAL EXPENDITURES	$	160,500	$	-	$	160,500	$	160,500	$	50,500	

Other Sources/(Uses)

Transfer In/(Out) - Reserves	$	105,000	$	105,000	-	105,000	$	105,000	
TOTAL OTHER SOURCES/(USES)	$	105,000	$	105,000	$	-	$	105,000	$	105,000	

EXCESS REVENUES (EXPENDITURES)	$	134,500	$	299,760	$	(156,596)	$	143,164	$	202,164	

Cypress Cove	
Community Development District	
Proposed Budget	
Debt Service Series 2023 Special Assessment Bonds	

REVENUES:

Special Assessments-On Roll	$	160,389	$	141,296	$	19,093	$	160,389	$	111,666	
Interest Earnings	1,500	2,784	700	3,484	2,000	
Carry Forward Surplus (1)	59,392	63,037	-	63,037	69,053	

TOTAL REVENUES	$	221,281	$	207,117	$	19,793	$	226,911	$	182,720	

EXPENDITURES:

Interest - 11/1	
Special Call - 11/1	
Interest - 5/1	
Principal - 5/1	

$	41,949	$	41,949	$	-	$	41,949	$	27,848	
-	545,000	-	545,000	-	
41,949	-	41,949	41,949	27,848	
75,000	-	75,000	75,000	55,000	

TOTAL EXPENDITURES	$	158,898	$	586,949	$	116,949	$	703,898	$	110,695	

Other Sources/(Uses)

Interfund transfer In/(Out)	$	-	$	546,041	$	-	$	546,041	$	-	

TOTAL OTHER SOURCES/(USES)	$	-	$	546,041	$	-	$	546,041	$	-	

TOTAL EXPENDITURES	$	158,898	$	40,908	$	116,949	$	157,857	$	110,695	

EXCESS REVENUES (EXPENDITURES)	$	62,383	$	166,209	$	(97,156)	$	69,053	$	72,025	

Interest Due 11/1/27	 $	26,544 	
	 $	26,544 	

(1) Carry Forward is Net of Reserve Requirement

Product	Assessable Units	Net Assessment	Gross Assessment	FY26
Gross Per Unit	FY27
Gross Per Unit	Increase / (Decrease)	

Single Family	195	$	111,666	$	118,794	$	875.01	$	609.20	$	266	

TOTAL	195	$	111,666	$	118,794	

Cypress Cove	
Community Development District	
AMORTIZATION SCHEDULE	
Debt Service Series 2023 Special Assessment Bonds	

Period	Outstanding Balance	Coupons	Principal	Interest	Annual Debt Service	

04/06/23	$	1,910,000	4.74%	$	-	$	-	$	-	
11/01/23	1,910,000	4.74%	-	51,554	51,554	
05/01/24	1,910,000	4.74%	70,000	45,267		
11/01/24	1,840,000	4.74%	-	43,608	158,875	
05/01/25	1,840,000	4.74%	70,000	43,608		
11/01/25	1,770,000	4.74%	545,000	41,949	700,557	
05/01/26	1,225,000	4.74%	50,000	29,033		
11/01/26	1,175,000	4.74%	-	27,848	106,880	
05/01/27	1,175,000	4.74%	55,000	27,848		
11/01/27	1,120,000	4.74%	-	26,544	109,392	
05/01/28	1,120,000	4.74%	60,000	26,544		
11/01/28	1,060,000	4.74%	-	25,122	111,666	
05/01/29	1,060,000	4.74%	60,000	25,122		
11/01/29	1,000,000	4.74%	-	23,700	108,822	
05/01/30	1,000,000	4.74%	65,000	23,700		
11/01/30	935,000	4.74%	-	22,160	110,860	
05/01/31	935,000	4.74%	65,000	22,160		
11/01/31	870,000	4.74%	-	20,619	107,779	
05/01/32	870,000	4.74%	70,000	20,619		
11/01/32	800,000	4.74%	-	18,960	109,579	
05/01/33	800,000	4.74%	75,000	18,960		
11/01/33	725,000	4.74%	-	17,183	111,143	
05/01/34	725,000	4.74%	75,000	17,183		
11/01/34	650,000	4.74%	-	15,405	107,588	
05/01/35	650,000	4.74%	80,000	15,405		
11/01/35	570,000	4.74%	-	13,509	108,914	
05/01/36	570,000	4.74%	85,000	13,509		
11/01/36	485,000	4.74%	-	11,495	110,004	
05/01/37	485,000	4.74%	90,000	11,495		
11/01/37	395,000	4.74%	-	9,362	110,856	
05/01/38	395,000	4.74%	95,000	9,362		
11/01/38	300,000	4.74%	-	7,110	111,472	
05/01/39	300,000	4.74%	95,000	7,110		
11/01/39	205,000	4.74%	-	4,859	106,969	
05/01/40	205,000	4.74%	100,000	4,859		
11/01/40	105,000	4.74%	-	2,489	107,347	
05/01/41	105,000	4.74%	105,000	2,489	107,489	

Total	$	1,910,000	$	747,742	$	2,657,742	

Cypress Cove	
Community Development District	
Non-Ad Valorem Assessments Comparison	
2026-2027	

Neighborhood	O&M Units	Bonds Units
2023	
Annual Maintenance Assessments	
Annual Debt Assessments	
Total Assessed Per Unit	
	
FY 2027	
FY2026	Increase/ (decrease)	
FY 2027	
FY2026	Increase/ (decrease)	
FY 2027	
FY2026	Increase/ (decrease)	

Single Family	

195	

195	

$2,424.53	

$2,624.53	

-$200.00	

$609.20	

$875.01	

-$265.81	

$3,033.73	

$3,499.54	

-$465.81	
Total	195	195										

Page 9

ESTIMATE

CYPRESS COVE CDD

Cypress Dr, Margate FL, 33063

Scope of Work
Prep approx. 1,100 LF of new D CURB along perimeter fence on Santa Monica Dr.
Area to be saw cut 12” down and 7” wide, al derbies to be removed
and disposed by contractor.
Trench on asphalt to be 7” wide by approx. 12” deep.
Form top of curb and order concrete trucks with 4000 PSI curb mix.
Curb to be finished with a brush (broom finish) to match shape and texture of existing end curb.
This revised Estimate is based on specs sent on 05/10 from the district engineer.

TOTAL:
$ 22,8000.00

*Price above reflectes labor and materials only, no permit facilitation included in this estimate.
- license use and permit facilitation fees are separate.

THANK YOU FOR YOUR BUSINESS

Cristhian Sotelo Del Mar Builders

911 Commercial Cleaning PROPOSAL

6344 Ocean Dr Margate FL, 33063 United States
Phone: (888)500-9110

Email: 911commercialcleaningcorp@gmail.com

Date: 3/30/2026 PROPOSAL

To: Cypress Cove CDD

Cypress Dr Margate, FL 33063 United States

Date of Service: 00/00/0000

Description of Services Provided
Service	Description	Amount	
Curb-wall Concrete adding total of 1,100 feet for
Cypress Cove Santa Monica DR	Provide all labor, materials, and equipment for the installation of approximately 1,100 LF of Type D concrete curb (6” x 18”), using 4,000 PSI concrete, per applicable standards.
Per District Engineer direction, curb alignment is shifted to the asphalt side along the fence line; scope includes saw-cutting asphalt approximately 6” from the curb line and excavating to a minimum depth of 12”, or as required to achieve proper sub-grade, in lieu of trenching in dirt to ensure proper tie-in with the roadway.
Unit Cost: $28.25 per LF	$31,075.00	

SCOPE OF WORK: Removal of existing defective units with the necessary tools. Transport and installation of new units, ensuring their safety.
Clearing the site and disposing of trash in a safe location, away from the removed units.
Pricing includes required Maintenance of Traffic (MOT) and site restoration of all disturbed areas.
DOES NOT INCLUDE PERMITS, PROCEDURES, OR CITY FEES. This would incur other costs beyond those listed in this offer according to the city's inspection plan.

	PROPOSAL	
Anzco Inc.
9671 Carousel Circle South Boca Raton, Fl. 33434 Office: 561-488-0822
Fax 561-807-7224
1009 NW 31st Ave Pompano Beach, Fl. 33069 Fax: 1-954-532-2624
Mobil: 561-699-3602
Email: jzak@anzcoinc.com
CGC 1518065
Date: 2/11/26 Proposal 8825

Cypress Cove CCD
Governmental Management Services 5385 N. Nob Hill Road
Sunrise, Fl. 33351

Attention: Julio Padilla, District Manager Cypress Cove Curb work along Santa Monica Dr.
We propose to furnish supervision, labor materials and equipment to perform the following scope of work:
Furnish and install Type “D” curb 1,100 Lineal feet
1. Sawcut existing asphalt for new “D” curb.
2. 1,100 lineal feet of 6”X18” 4000 psi concrete curb	$27,500.00	
3. Site Restoration.	$2500.00	
4. MOT’s	$1000.00	
TOTAL

Excludes permit fees	$31,000.00	
Sincerely yours, John B. Zak		

.... ENGINEERS
PLANNERS 5cJENT!STS

Ow 

K C I
TECHNOLOGIES

CoNSTRUCT/ON MANAGERS

1425W.Cypres,Cm,kRoad,Suile101  F-or!La�derdale,Fl33.J09 Teltphone:(i54)776-1&16

AFTER

This exhibit was prepared for conceptual and illustrative purposes only and is subject to change

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CONCEPTUAL ENTRY MONUMENT DESIGN

RE\IISIONS

DESCRIPTION

DATE

BY

04-25-2025
1

without notice. All concepts are subject to, and not limited to, final engineering, permitting, constructability review and site analysis.

BEFORE

OESIG,NEOBY

DRAWN BY

SHEET 1 OF

MEMORADUM

To:	Jennifer McConnell

Governmental Management Services

From:	Patricia Santiago Administration Director

Date:	April 16, 2026

Subject:	Number of Registered Voters Request
Pursuant to your request, please be advised that the number of registered voters as of April 15, 2026, in the Special Districts/Community Development Districts (CDDs) requested is as follows:

Special District/CDD	# of Registered Voters	
Academic Village Community Development District	87	
Bahia Mar Community Development District	10	
Botaniko Community Development District	128	
Coral Bay Community Development District	2,270	
Cypress Cove Community Development District	434	
Griffin Lakes Community Development District	655	
Hollywood Beach 1 Community Development District	0	
Mainstreet at Coconut Creek Community Development District	0	
Metropica Community Development District	157	
Oakridge Community Development District	1,290	
Orchid Grove Community Development District	717	
Sabal Palm Community Development District	1,455	
Shotgun Road Community Development District	0	
Solterra Community Development District	0	
Turtle Run Community Development District	3,140	
Woodlands at Section 9 Community Development District	0	

We hope this information has been of assistance to you.

MEMORANDUM
To:	CDD & Special District Manager
From:	Patricia Santiago Director, Administration
Date:	April 27, 2026
Subject:	2026 Candidate Qualifying
In preparation for the upcoming candidate qualifying period for Special Districts and Community Development Districts (CDDs), which begins at noon on Monday, June 8, 2026, and concludes at noon on Friday, June 12, 2026, this office would like to provide you with important information to help facilitate a smooth process.
Please share the important information listed below with your candidates.

The Supervisor of Elections Office will accept and hold qualifying papers beginning Monday, May 25, 2026 to be processed and filed during the qualifying period.
Form DS-DE 9 (eff. 09/2023) Appointment of Campaign Treasurer is only required for candidates who intend to accept contributions or make expenditures in connection with his/her campaign.
Form DS-DE 84 (eff. 04/2026) Statement of Candidate must be filed within 10 days after filing Form DS-DE 9.
Affidavit of Intent is to be completed only if the candidate is not expecting to accept contributions.
Form 1 Statement of Financial Interest for 2025 must be filed electronically with the Florida Commission on Ethics. A copy must be provided during qualifying.
Form DS-DE 302NP-E Corr (eff. 04/2026) Candidate Oath Non-Partisan Office (must be properly executed). This form, like all others required, can be downloaded from the Division of Elections website, Forms - Division of Elections - Florida Department of State.
Special District candidates shall pay a $25 qualifying fee. The qualifying fee can be paid with a personal check, money order, or cash. Check/money order should be made payable to Broward County Supervisor of Elections.

We hope that this information is helpful to you and your candidates. Please feel free to contact Shameika Williams at Shameika.w@browardvotes.gov should you have any questions regarding qualifying.

Cypress Cove
COMMUNITY DEVELOPMENT DISTRICT

Check Register
Fiscal Year 2026

Date:	Payment Details:	Amount:

Mar 2026	Check# 361 - 370	$15,646.39
ACH Utilities	$1,266.64

TOTAL	$16,913.03

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	4/27/26	PAGE	1
*** CHECK DATES 03/01/2026 - 03/31/2026 ***	CYPRESS COVE - GF
BANK B CYPRESS COVE - GF

DATE		DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS			AMOUNT	#	
3/16/26	00001	3/05/26	26223168 202603 320-54100-34500	*	95.00			

CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...	VENDOR NAME	STATUS	AMOUNT	....CHECK.....

FEB 26 - GENERAL COUNSEL

982.50

CABLE 03/13/26 - 04/12/26

- - - - - - - - 3/16/26 00005	03/04- VISITOR GATE STUCK
ASAP GATE PLUS, LLC.
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/28/26 197472	202602 310-51300-31500	
-	
-	
-	
-	
-	
-	
-	
-	
- -
*	
-	
-	
-	
-	
-	
-	
- - - -	
-	95.00
- - - -	000361
- - -	
		BILLING COCHRAN,	P.A.																		982.50	000362	
- - - - - - - -	- - - - - - - - -	- - - - - - - - - - - - - - - - - -	- - -	-	-	-	-	-	-	-	-	- -	-	-	-	-	-	-	- - - -	-	- - - -	- - -	
3/16/26 00048	2/28/26 MAR26-04	202603 320-54100-43000										*							124.90				
	REAR GT	CABLE 03/08-04/07																					
	2/28/26 MAR26-10	202603 320-54100-43000										*							124.90				

COMCAST	249.80 000363
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/16/26 00017	3/01/26 153	202603 320-54100-33000	*	574.17

	*	1,549.92		
	*	92.75			
	*	13.25			
	*	154.66			
		*	102.40			

MAR 26 - FIELD MANAGEMENT 3/01/26 154	202603 310-51300-34000
MAR 26 - MGMT FEES
3/01/26 154	202603 310-51300-35100
MAR 26 - WEBSITE ADMIN
3/01/26 154	202603 310-51300-51000
MAR 26 - OFFICE SUPPLIES 3/01/26 154	202603 310-51300-42000
MAR 26 - POSTAGE
3/01/26 154	202603 310-51300-42500
MAR 26 - COPIES
GMS - SO FLORIDA, LLC	2,487.15 000364
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/16/26 00042	2/25/26 14191	202602 320-54100-46001	*	4,250.00
YRLY STRM WATER DRAIN INS
INDUSTRIAL DIVERS CORP	4,250.00 000365
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/16/26 00035	3/09/26 ARIV1055 202602 310-51300-31100	*	462.50
FEB 26 - ENGINEERING SVCS
KCI TECHNOLOGIES, INC.	462.50 000366
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/16/26 00054	3/10/26 1901	202603 320-54100-46800	*	575.00
MAR 26 - LAKE MAINTENANCE
SOUTHEAST LAND AND WATER	575.00 000367
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/16/26 00047	3/02/26 2003	202602 320-54100-46400	*	600.00
FEB 26 - PORTER SERVICES
911 COMMERCIAL CLEANING CORP.	600.00 000368
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/17/26 00050	3/13/26 5552	202603 320-54100-46201	*	1,500.00
STMP.GRND.RMV.WSHGT.PALMS
JUST CALL JAMES, INC.	1,500.00 000369
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
CCOV CYPRESS COVE	SNEEROOA

AP300R
*** CHECK DATES	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER
BANK B CYPRESS COVE - GF		RUN	4/27/26	PAGE	2	
CHECK	VEND# DATE	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS		AMOUNT	....CHECK..... AMOUNT	#	
3/24/26 00050	3/20/26 5565	202603 320-54100-46200	*
JUST CALL JAMES, INC.		4,444.44	
4,444.44 000370	
- - - - - - - -	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	-	- - - - - - -	- - - - - - - -	
	TOTAL FOR BANK B		15,646.39		
	TOTAL FOR REGISTER		15,646.39		

03/01/2026 - 03/31/2026 ***	CYPRESS COVE - GF

MAR 26 - LANDSCAPE MAINT.

CCOV CYPRESS COVE	SNEEROOA

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	4/27/26	PAGE	1
*** CHECK DATES 03/01/2026 - 03/31/2026 ***	CYPRESS COVE - GF

CHECK	VEND# DATE	.....INVOICE..... ...EXPENSED TO...		VENDOR DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS	NAME		STATUS		AMOUNT	....CHECK..... AMOUNT	#	
3/24/26 00049	2/22/26 33014544 202603 320-54100-41000
2/22/26 33014544 202603 320-54100-41000			*
*		185.00
38.62		
	MAR 26 - PHONE SVC
AT&T (AUTOPAY)						223.62 030035	
- - - - - - - - 3/24/26 00007	- - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/23/26 22331-83 202602 320-54100-43000
2/23/26 73212-04 202602 320-54100-43000	- - -	- - - - -	- - - -
*
*	- - - - - -	- - - -

38.95	- - - - - - - -	
	GATE LIGHTS-(01/22-02/23)
2/27/26 42952-75 202602 320-54100-43000			*		899.19		
	STREETLIGHTS- 01/28-02/27
FPL						1,043.02 030036	
- - - - - - - -	- - - - - - - - - - - - - - - - - - - - - - - - - - - -	- - -	- - - - -	- - - -	- - - - - -	- - - -	- - - - - - - -	

BANK Z CYPRESS COVE	AUTOPY

MAR 26 - INTERNET SVC

WALL LIGHTS-(01/22-02/23)

104.88

TOTAL FOR BANK Z	1,266.64
TOTAL FOR REGISTER	1,266.64

CCOV CYPRESS COVE	SNEEROOA

Cypress Cove	
Community Development District	

Unaudited Financial Reporting	
March 31, 2026	

Table of Contents

1		Balance Sheet	

2	
	General Fund	

3	
	Debt Service Fund Series 2023	

4	
	Debt Service Fund Series 2023	

5	
	Capital Project Fund Series 2023	

6-7	
	Month to Month	

8	
	Long Term Debt Report	

9	
	Assessment Receipt Schedule	

Cypress Cove	
Community Development District	
Combined Balance Sheet	
March 31, 2026	

General	Capital Reserve	Debt Service	Totals	
Fund	Fund	Fund	Governmental Funds	

Assets:	
Cash:	
Operating Account-South State	

$	42,903	$	-	$	-	$	42,903

Due from General Fund	-	-	8,389	8,389

Investments:	
State Board of Administration (SBA)	

				

279,417	299,760	-	579,177

Series 2023	
Revenue	
Prepayment	

-	
-	

-	156,780	156,780	
-	1,041	1,041	

Total Assets	$	322,320	$	299,760	$	166,209	$	788,290	
Liabilities:	
Accounts Payable	$	8,688	$	-		$	-		$	8,688	
Due to Debt Service	8,389		-		-	8,389	

Total Liabilites	$	17,076	$	-	$	-	$	17,076

Fund Balance:	
Restricted for:	
Debt Service - Series 2023	
Assigned for:	
Capital Reserves	
Emergency Reserves	
Unassigned	

$	-	$

-	$	166,209	$

166,209

40,000	
60,000	
205,244	

	
299,760	
-	
-	

	
-	
-	
-	

	
339,760	
60,000	
205,244	

Total Fund Balances	$	305,244	$	299,760	$	166,209	$	771,213	

Total Liabilities & Fund Balance	$	322,320	$	299,760	$	166,209	$	788,290

Revenues:
Special Assessments - Tax Roll	
$	481,076	
$	481,076	
$	424,159	
$	(56,918)	
Interest Income	6,000	3,000	4,049	1,049	
Total Revenues	$	487,076	$	484,076	$	428,208	$	(55,869)	
Expenditures:					
General & Administrative:					
Engineering	$	15,000	$	7,500	$	14,675	$	(7,175)	
Attorney	30,000	15,000	12,945	2,055	
Annual Audit	3,600	3,600	3,600	-	
Management Fees	18,599	9,299	9,300	(0)	
Website Maintenance	1,113	557	557	-	
Trustee Fees	4,434	-	-	-	
Telephone	100	50	-	50	
Postage & Delivery	250	125	293	(168)	
Printing & Binding	1,200	600	196	404	
Insurance General Liability	8,918	8,918	7,932	986	
Legal Advertising	1,000	500	-	500	
Other Current Charges	1,000	500	1,053	(553)	
Office Supplies	250	125	55	70	
Property Appraiser	400	400	400	-	
Dues, Licenses & Subscriptions	175	175	175	-	
First Quarter Operating Capital	85,000	-	-	-	
Total General & Administrative	$	171,039	$	47,349	$	51,180	$	(3,831)	
Operations & Maintenance					
Field Expenditures					
Field Management	$	6,890	$	3,445	$	3,445	$	0	
Gate Maintenance	15,500	7,750	3,142	4,608	
Cable	4,800	2,400	1,499	901	
Phone	3,000	1,500	1,342	158	
Electric	12,500	6,250	6,293	(43)	
Lake Maintenance	7,500	3,750	3,450	300	
Landscape Maintenance	56,000	28,000	26,666	1,334	
Landscape - Other	10,000	5,000	1,760	3,240	
Irrigation Repairs	10,000	5,000	3,550	1,450	
Stormwater Drainage Maintenance	10,000	5,000	4,250	750	
Repairs & Maintenance	12,000	6,000	-	6,000	
Janitorial / Porter Services	7,500	3,750	3,150	600	
Pressure Cleaning	10,000	7,000	7,000	-	
Contingency	5,347	2,674	1,400	1,274	
Capital Reserves	20,000	20,000	-	20,000	
Emergency Reserves	20,000	20,000	-	20,000	

Subtotal Field Expenditures	$	211,037	$	127,518	$	66,947	$	60,572

Total Expenditures	$	382,076	$	174,867	$	118,126	$	56,741

Excess (Deficiency) of Revenues over Expenditures	$	105,000	$	309,209	$	310,082	$	873

Other Financing Sources/(Uses):
Transfer in/(Out)

$	(105,000)	$

(105,000)	$

(105,000)	$	-

Total Other Financing Sources/(Uses)	$	(105,000)	$	(105,000)	$	(105,000)	$	-

Net Change in Fund Balance	$	-	$	204,209	$	205,082	$	873

Fund Balance - Beginning	$	-	$	100,162

Fund Balance - Ending	$	-	$	305,244

Revenues		
Interest Income	$	-	$	-	$	3,911	$	3,911	
Total Revenues	$	-	$	-	$	3,911	$	3,911	
Expenditures:					
Sidewalk Repairs	$	40,000	$	-	$	-	$	-	
Monument Repairs	70,000	-	-	-	
Landscaping - Entrance Enhancement	50,000	-	-	-	
Other Current Charges	500	-	-	-	
Total Expenditures	$	160,500	$	-	$	-	$	-	
					
Excess (Deficiency) of Revenues over Expenditur	$	(160,500)	$	-	$	3,911	$	3,911	

Other Financing Sources/(Uses)					
Transfer In/(Out)	$	105,000	$	105,000	$	105,000	$	-	
Total Other Financing Sources (Uses)	$	105,000	$	105,000	$	105,000	$	-	
					
Net Change in Fund Balance	$	(55,500)	$	105,000	$	108,911	$	3,911	
					
Fund Balance - Beginning	$	190,000		$	190,849		
					
Fund Balance - Ending	$	134,500		$	299,760		

Cypress Cove	
Community Development District	
Debt Service Fund Series 2023	
Statement of Revenues, Expenditures, and Changes in Fund Balance	
For The Period Ending March 31, 2026	
Adopted	Prorated Budget	Actual		
Budget	Thru 03/31/26	Thru 03/31/26	Variance	
Revenues:

Special Assessments - Tax Roll	$	160,389	$	160,389	$	141,296	$	(19,093)	
Interest Income	1,500	750	2,784	2,034	

Total Revenues	$	161,889	$	161,139	$	144,080	$	(17,059)	
Expenditures:		
Interest - 11/1	$	41,949	$	41,949	$	41,949	$	-	
Special Call - 11/1	-	-	545,000	(545,000)	
Interest - 5/1	41,949	-	-	-	
Principal - 5/1	75,000	-	-	-	
Total Expenditures	$	158,898	$	41,949	$	586,949	$	(545,000)	

Excess (Deficiency) of Revenues over Expenditur	$	2,991	$	119,190	$	(442,869)	$	(562,059)	

Other Financing Sources/(Uses):

Transfer In/(Out)	$	-	$	-	$	546,041	$	546,041	

Total Other Financing Sources/(Uses)	$	-	$	-	$	546,041	$	546,041	
	
Net Change in Fund Balance	$	2,991	$	119,190	$	103,172	$	(16,019)	
	
Fund Balance - Beginning	$	59,392		$	63,037		
	
Fund Balance - Ending	$	62,383		$	166,209		

Cypress Cove
Community Development District Capital Projects Fund Series 2023
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending March 31, 2026

Adopted	Prorated Budget	Actual		
Budget	Thru 03/31/26	Thru 03/31/26	Variance	
Revenues			
Interest Income	$	-	$	-	$	2,221	$	2,221	
Total Revenues	$	-	$	-	$	2,221	$	2,221	

Expenditures:

Capital Outlay	

$	-	$	-	$	-	

$	-	
Total Expenditures	$	-	$	-	$	-	$	-	
			
Excess (Deficiency) of Revenues over Expenditur	$	-	$	-	$	2,221	$	2,221	

Other Financing Sources/(Uses)			
Transfer In/(Out)	$	-	$	-	$	(546,041)	$	(546,041)	
Total Other Financing Sources (Uses)	$	-	$	-	$	(546,041)	$	(546,041)	
			
Net Change in Fund Balance	$	-	$	-	$	(543,820)	$	(543,820)	
			
Fund Balance - Beginning	$	-	$	543,820		
			
Fund Balance - Ending	$	-	$	-		

Cypress Cove	
Community Development District	
Month to Month	

Revenues:														
Special Assessments - Tax Roll	$	-	$	21,635	$  377,011	$	14,836	$	5,365	$	5,312	$	-	$	-	$	-	$	-	$	-	$	-	$  424,159	
Interest Income	250	155	349	1,002	1,124	1,168	-	-	-	-	-	-	4,049	

Total Revenues	$	250	$  21,791	$ 377,360	$  15,837	$	6,489	$	6,480	$	-	$	-	$	-	$	-	$	-	$	-	$ 428,208	

Expenditures:														
General & Administrative:														
Engineering	$	4,520	$	2,498	$	-	$	3,000	$	463	$	4,195	$	-	$	-	$	-	$	-	$	-	$	-	14,675	
Attorney	5,013	2,075	1,213	1,170	983	2,493	-	-	-	-	-	-	12,945	
Annual Audit	-	-	-	3,600	-	-	-	-	-	-	-	-	3,600	
Management Fees	1,550	1,550	1,550	1,550	1,550	1,550	-	-	-	-	-	-	9,300	
Website Maintenance	93	93	93	93	93	93	-	-	-	-	-	-	557	
Trustee Fees	-	-	-	-	-	-	-	-	-	-	-	-	-	
Telephone	-	-	-	-	-	-	-	-	-	-	-	-	-	
Postage & Delivery	19	5	2	107	5	155	-	-	-	-	-	-	293	
Printing & Binding	30	51	12	-	0	102	-	-	-	-	-	-	196	
Insurance General Liability	7,932	-	-	-	-	-	-	-	-	-	-	-	7,932	
Legal Advertising	-	-	-	-	-	-	-	-	-	-	-	-	-	
Other Current Charges	117	617	97	55	72	95	-	-	-	-	-	-	1,053	
Office Supplies	16	13	13	-	-	13	-	-	-	-	-	-	55	
Property Appraiser	-	-	400	-	-	-	-	-	-	-	-	-	400	
Dues, Licenses & Subscriptions	175	-	-	-	-	-	-	-	-	-	-	-	175	
First Quarter Operating Capital	-	-	-	-	-	-	-	-	-	-	-	-	-	
Total General & Administrative	$  19,464	$	6,901	$	3,379	$	9,575	$	3,165	$	8,696	$	-	$	-	$	-	$	-	$	-	$	-	$  51,180	

Cypress Cove	
Community Development District	
Month to Month	

Operations & Maintenance		
Field Expenditures		
Field Management	$	574	$	574	$	574	$	574	$	574	$	574	$	-	$	-	$	-	$	-	$	-	$	-	$	3,445	
Gate Maintenance		768	1,297	380	507	95	95	-	-	-	-	-	-	3,142	
Cable		250	250	250	250	250	250	-	-	-	-	-	-	1,499	
Phone		223	224	224	224	224	224	-	-	-	-	-	-	1,342	
Electric		1,041	1,035	1,050	1,074	1,043	1,050	-	-	-	-	-	-	6,293	
Lake Maintenance		575	575	575	575	575	575	-	-	-	-	-	-	3,450	
Landscape Maintenance		4,444	4,444	4,444	4,444	4,444	4,444	-	-	-	-	-	-	26,666	
Landscape - Other		-	-	-	260	-	1,500	-	-	-	-	-	-	1,760	
Irrigation Repairs		-	1,700	1,500	-	-	350	-	-	-	-	-	-	3,550	
Stormwater Drainage Maintenance		-	-	-	-	4,250	-	-	-	-	-	-	-	4,250	
Repairs & Maintenance		-	-	-	-	-	-	-	-	-	-	-	-	-	
Janitorial / Porter Services		600	-	600	750	600	600	-	-	-	-	-	-	3,150	
Pressure Cleaning		-	-	7,000	-	-	-	-	-	-	-	-	-	7,000	
Contingency		1,400	-	-	-	-	-	-	-	-	-	-	-	1,400	
Capital Reserves	.		-	-	-	-	-	-	-	-	-	-	-	-	
Emergency Reserves		-	-	-	-	-	-	-	-	-	-	-	-	-	

Subtotal Field Expenditures	$	9,875	$  10,100	$  16,597	$	8,658	$  12,055	$	9,662	$	-	$	-	$	-	$	-	$	-	$	-	$  66,947	

Total Expenditures	$  29,339	$  17,001	$  19,975	$  18,233	$  15,220	$  18,358	$	-	$	-	$	-	$	-	$	-	$	-	$ 118,126	

Excess (Deficiency) of Revenues over Expe	$  (29,089)	$	4,790	$  357,384	$	(2,396)	$	(8,731)	$  (11,877)	$	-	$	-	$	-	$	-	$	-	$	-	$  310,082	

Other Financing Sources/Uses:

Transfer In/(Out)	$	-	$	-	$	-	$	-	$	-	$ (105,000)	$	-	$	-	$	-	$	-	$	-	$	-	$ (105,000)	

Total Other Financing Sources/Uses	$	-	$	-	$	-	$	-	$	-	$ (105,000)	$	-	$	-	$	-	$	-	$	-	$	-	$ (105,000)	

Net Change in Fund Balance	$ (29,089)	$	4,790	$ 357,384	$	(2,396)	$	(8,731)	$ (116,877)	$	-	$	-	$	-	$	-	$	-	$	-	$ 205,082	

Cypress Cove	
Community Development District	
Long Term Debt Report	

Special Assessment Bonds	
Series 2023	

Original Bond Issue Amount:		

$1,910,000	
Interest Rate:	4.74%		
Maturity Date:	May 1, 2041		
Reserve Fund Definition	50% of Maximum Annual Debt Service		
Reserve Fund Requirement	$0		
Reserve Fund Balance	$0		

Bonds Outstanding - 4/6/2023		
$1,910,000	
Less: Principal Payment - 5/1/24		($70,000)	
Less: Principal Payment - 5/1/25		($70,000)	
Less: Special Call - 11/1/25		($545,000)	
Current Bonds Outstanding		$1,225,000	

Page 8

Cypress Cove
COMMUNITY DEVELOPMENT DISTRICT
Special Assessment Receipts - Broward County Fiscal Year 2026

Gross Assessments	$	511,783	$	170,627	$	682,410	
Net Assessments	$	481,076	$	160,389	$	641,466	
allocation in %	75%	25%	100%	

ON ROLL ASSESSMENTS

Date	
Gross Amount	Discount/
(Penalty)	
Commission	
Interest	
Net Receipts	
O&M Portion	2023
Debt Service	
Total	

11/21/25	
$	30,374	
$	1,234	
$	291	
$	-	
$	28,848	
$	21,635	
$	7,213	
$	28,848	
12/05/25	64,675	2,587	621	-	61,467	46,098	15,369	61,467	
12/19/25	464,183	18,489	4,457	-	441,238	330,913	110,325	441,238	
01/02/26	9,006	253	88	-	8,665	6,499	2,167	8,665	
01/16/26	11,071	315	108	-	10,649	7,986	2,663	10,649	
01/23/26	-	-	-	351	351	351	-	351	
02/13/26	7,352	126	72	-	7,154	5,365	1,789	7,154	
03/13/26	7,221	66	72	-	7,083	5,312	1,771	7,083	
TOTAL	$	593,882	$	23,069	$	5,708	$	351	$	565,455	$	424,159	$	141,296	$	565,455	

$

87%
88,529

Percent Collected Balance Remaining to Collect

Page 9