Metropica Community Development District

July 6, 2026

Seat 3: Bernard Werner – (C.)		
Seat 1: Joseph Kavana – (V.C.)		
Seat 2: Michel Besso – (A.S.)		
Seat 4: Erick Collazo – (A.S.)		
Seat 5: Diana Cordon – (A.S.)		

Metropica
Community Development District
Updated Agenda
Monday	Flamingo Park
July 6, 2026	12855 NW 8th St
11:00 a.m.	Sunrise, FL 33323
Join the meeting now Meeting ID: 233 345 766 817 and Passcode: yE6EZ9eH
1 872-240-4685 and Phone Conference ID: 924 970 363#

Roll Call

Approval of Minutes of the June 1, 2026 Meeting – Page 3

Public Hearing to Adopt the Fiscal Year 2027 Budget
Motion to Open the Public Hearing

Public Comment and Discussion – Page 15

Consideration of Resolution #2026-07 Annual Appropriation Resolution – Page 17

Consideration of Resolution #2026-08 Levy of Non Ad Valorem Assessments – Page 30

Motion to Close the Public Hearing

Staff Reports
Attorney – Memorandum – Legislative Update – Page 42

Engineer

Manager
Consideration of Proposed Fiscal Year 2027 Meeting Schedule – Page 48
Form 1 Financial Disclosure Due July 1, 2026 – Page 49
Reminder to Complete Annual Ethics Training by December 31, 2026
Financial Reports
Approval of Funding Request #24 – Page 50
Approval of Unaudited Financials – Page 51
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.metropicacdd.com

MINUTES OF MEETING METROPICA
COMMUNITY DEVELOPMENT DISTRICT

A regular meeting of the Board of Supervisors of the Metropica Community Development District was held Monday, June 1, 2026, at 11:00 a.m. at the Offices of Metropica, 1800 NW 136th Ave., Sunrise, Florida.

Present and constituting a quorum:
Bernie Werner	Chairman
Joseph Kavana	Vice Chairman
Erick Collazo	Assistant Secretary
Diana Cordon	Assistant Secretary
Michel Besso	Assistant Secretary Also present were:
Juliana Duque	District Manager
Ginger Wald	District Counsel
Mike Troxell	District Engineer
Lillian Kiselesa	FSR
Darrin Gursky	Haber Law

FIRST ORDER OF BUSINESS	Roll Call

Ms. Duque called the meeting to order and called the roll.

SECOND ORDER OF BUSINESS	Approval of the Minutes of the
April 6, 2026 Meeting
Ms. Duque: The next item is the approval of the minutes of the April 6, 2026 meeting. This is the moment to present any additions, corrections, or deletions. If there is none a motion to approve will take place.

On MOTION by Mr. Werner seconded Mr. Collazo with all in favor, the Minutes of the April 6, 2026 Meeting were approved.

THIRD ORDER OF BUSINESS	Consideration of:
Resolution #2026-05 Approving the Proposed Fiscal Year Budget and RE-Setting the Public Hearing
Ms. Duque: The next item is Resolution #2026-05, Approving the Proposed Fiscal Year 2027 Budget and Re-setting the Public Hearing. As a reminder, at the April 6th Board of Supervisors meeting, the Board approved Resolution #2026-04, which adopted the proposed Fiscal Year 2027 budget totaling $107,843 to fund only the District’s administrative expenses and set the budget hearing for July 6th at 11:00 a.m. at the Metropica office in Sunrise. Resolution #2026-05 does two things. First, it reaffirms the same proposed Fiscal Year 2027 budget in the amount of $107,843, with no changes to the budget itself, which will continue to fund only the District’s administrative expenses and maintain the previously discussed budget levels. Second, it re-sets the budget public hearing to a different location. The hearing will still be held on Monday, July 6th, but instead of the Metropica office, it will take place at Flamingo Park, 12855 NW 8th Street, Sunrise, Florida 33323. Once again, there are no changes to the substance of the budget or the planned funding structure. This item is procedural and simply moves the hearing to a venue that can comfortably accommodate the Board, staff, and interested members of the public. A motion to approve Resolution #2026-05 would be in order
Mr. Werner: The time on July 6th is what time? Ms. Duque: 11:00 a.m.
Mr. Werner: The location is the same location as we had the previous public hearing.
Ms. Duque: That is correct.
Mr. Werner: Ok. Let’s go ahead with the motion.

On MOTION by Mr. Werner seconded by Mr. Kavana with all in favor, Resolution #2026-05 Approving the Proposed Fiscal Year 2027 Budget and Re-Setting the Public Hearing to July 6, 2026 at 11:00 a.m. at Flamingo Park, 12855 NW 8th Street, Sunrise, Florida 33323 was approved.

Mr. Werner: So notification will be sent out to everybody? Ms. Duque: That is correct.

Mr. Werner: When?
Ms. Duque: It should go out today or tomorrow. Mr. Werner: Very good, thank you.
Resolution #2026-06 Authorizing Implementation of Capital Improvement Plan
Ms. Duque: Resolution #2026-06 which is Authorizing Implementation of Capital Improvement Plan. This pretty much authorizes certain actions in connection with the implementation of the District capital improvement plan for Assessment Area 1 as described in the engineer’s report dated January 6, 2025 and also supplemental March 25, 2026 revised on April 4, 2026. This resolution allows the Chair, the Vice Chair and in their absence the secretary to execute plats, deeds, easements, bill of sales, permit transfer contracts, change orders and to approve requisitions related to the capital improvement plan subject to review and approval of District engineer, District manager, and District counsel. The intent, as it was mentioned by Ginger is to allow the staff and also the officers to move forward with the CIP items between meetings with those actions being brought back to the Board for ratifications. A motion will take place.

On MOTION by Mr. Werner seconded by Mr. Collazo with all in favor, Resolution #2026-06 Authorizing Implementation of Capital Improvement Plan was approved.

FMSbonds, Inc. Agreement for Underwriter Services and Rule G-17 Disclosure Letter for Special Assessment Bonds, Series 2026
FMSbonds, Inc. Agreement for Underwriter Services and Rule G-17 Disclosure Letter for Special Assessment Bonds, Series 2026
Ms. Duque: The next items I will mention both of them, C and D, which is FMSbonds, Inc. agreements for the underwriter services and Rule G -17 Disclosure letter for Special Assessment Bonds, Series 2026 and for the special bond anticipation note, Series 2026. Those letters pretty much define FMSbonds role as the underwriter. It confirms that they are not serving as a municipal advisor and set the proposed underwriter fee of 2% of the par amount payable only at closing. This letter also includes the MSRB Rule G-17 Disclosure which is describing FMSbonds obligation to deal fairly with the

bond, the District and investors and acknowledging that the underwriter’s interest may differ from those of the District. A motion will take place.

On MOTION by Mr. Kavana seconded by Mr. Werner with all in favor, FMSbonds, Inc. Agreement for Underwriter Services and Rule G-17 Disclosure Letter for Special Assessment Bonds, Series 2026 was approved.

FOURTH ORDER OF BUSINESS	Ratificaion of Assignment and
Assumption Agreements
Ryan Incorporated Southern
Tierra Consulting Group
KV Group Associates
Feller Engineering
Graven Thompson & Associates, Inc.
Ms. Duque: Let’s move forward to the ratification of the Assignment and Assumption Agreements. In your agenda package, there are a series of Assignment and Assumption Agreements between the developer and the District for Assessment Area 1. These cover the master infrastructure project, including contracts with Ryan Incorporated Southern, Tierra Consulting Group, KV Group Associates, Feller Engineering, Grave Thompson & Associates, along with the related third-party consents and surety consents. These agreements assign to the District those portions of the construction and professional services contracts that relate to the CDD Assessment Area 1 master infrastructure work and provide that the District will reimburse the developer from the Series 2026 Bond Anticipation Notes. Ginger, would you like to add anything to this?
Ms. Wald: These are the agreements that I went over at the last meeting, the assignment and assumptions. This was as we talked about and was directly related to the BANs. These are the agreements that are in or have been signed over to the District. Most have basically been executed so it is approving and ratifying those actions. The only thing we have to do is the acquisition agreement date we need to enter. I think it is April 29, 2026 so we need to make sure that is included and these are the ones I previously went over. This is formally the Board taken the action pursuant to the acquisition agreement that was already previously approved by this Board. It does give the authority for the Chair to take that action and as I said before with everything that we are doing

today it is having that full ability to review the documents for the Board because we have these agreements that were provided and also the agenda itself prior to any meetings that we have so if the Board had any questions beforehand they could ask those questions.
Mr. Werner: We are ratifying these five. As we progress with the construction there maybe additional.
Ms. Wald: What you just did is you approved an authorization with the CIP so if there is change orders or things that come about again with that resolution it goes to the District engineer to review and make sure it is within the engineer’s report and the CIP itself. The District manager also reviews to make sure the numbers are correct and then any questions that they have that they need myself as District counsel legal issues that would come to us. Something that is new, something that comes about that we already do not have an agreement in place this District would need to then go ahead and enter into an agreement directly with whomever or whatever.
Mr. Werner: So it won’t be an assignment.
Ms. Wald: Correct because we have money now and because the CDD has the money in the BAN’s the CDD then can go ahead and enter into agreements directly. It all depends on what needs to be done and how we proceed with those kinds of agreements.
Mr. Werner: Who is KV Group is that the FP&L consultant?
Mr. Collazo was inaudible at this time.
Mr. Collazo: There is two vendors that are missing on the list, Alliance Landscaping and NV5.
Ms. Wald: I know I prepared them all and I know I provided them. I don’t know if they have come back.
Ms. Cordon: Thomas Engineering.
Ms. Wald: Just so you know they were all part of the bond docs that were all contemplated. We went over all of them at the last meeting. The acquisition agreement does give the authority for as I said the Chair, in the Chair’s absence, the Vice Chair, to execute these. This is just ratifying what has already come back to us that have been executed. If others have been done and we have them we can add them to this as an add-on to the agenda or we can wait for the next meeting.

Mr. Collazo: I have Alliance Landscape and I believe it has been scanned. NV5, which is the inspector, testing lab and Thomas Engineering has been executed.
Mr. Werner: Have I signed all the assignments for all those? Mr. Collazo: Yes.
Mr. Werner: So let’s add them to this list.
Mr. Collazo: I don’t have Thomas in this stack. I bet JoAnn has it because she is the one that has been scanning them.
Ms. Wald: I don’t have a problem with adding them. They have been executed.
Ms. Duque: Okay, we will include those three agreements in the ratification. Unless there are any questions, a motion to ratify all of them would be in order.

On MOTION by Mr. Werner seconded by Mr. Collazo with all in favor, Ratification of Assignment and Assumption Agreements, Ryan Incorporated Southern, Tierra Consulting Group, KV Group Associates, Feller Engineering, Craven Thompson & Associates, Alliance Landscape, Thomas Engineering, and NV5, Inc. were approved.

FIFTH ORDER OF BUSINESS	Discussion	of	Change	Order
with Ryan Incorporated Southern
Ms. Duque: The next item is a discussion of change order with Ryan Incorporated Southern. This is tied to the partial assignment and assumption agreement in the agenda package. Under this agreement the developer assigns the District the portion of Ryan contract to Metropica, Track A infrastructure that relates to the Assessment Area 1 Master Infrastructure including the work reflected on change orders #1 and #2.
Mr. Collazo: This is the direct purchase items that were delivered on site that were paid directly by the Metropica Venture, so we deducted it out of the Ryan contract, so it is not a duplicated cost.
Mr. Werner: Does this also include the change order for the bond that we paid for? Mr. Collazo: That was previously assigned.
Mr. Werner: That is not this.

Mr. Collazo: Change order #1 and #2 were assigned. Change order #3 occurred after the assignment.
Mr. Werner: So this is only change order #3. Mr. Collazo: Correct.
Ms. Wald: This has already been reviewed by the District engineer who has already signed off on it. It did occur after the assignment actually occurred, so it is an approval by the Board, and it is a deduction. I can’t read that number.
Mr. Troxell: $398,487.50. Ms. Wald: Thank you.

On MOTION by Mr. Werner seconded by Mr. Kavana with all in favor, Change Order #3 with Ryan Incorporated Southern in the amount of $398,487.50 was approved.

SIXTH ORDER OF BUSINESS	Staff Reports
Attorney
Ms. Wald: I don’t have anything else today.
Engineer
Mr. Troxell: I don’t have anything today.
Manager – Number of Registered Voters in the District - 157
Ms. Duque: Under the manager’s report, I would like to inform the Board of Supervisors that there are currently 157 registered voters in the District. I would also like to remind the Board that Form 1, Statement of Financial Interests, must be filed with the Supervisor of Elections by July 1; please ensure the form is completed and submitted. You will receive an email from me with additional information, but this is also a reminder to complete your required ethics training, which is due by December 31, 2026. I will continue to remind the Board of Supervisors of these requirements going forward.

SEVENTH ORDER OF BUSINESS	Financial Reports
Approval of Funding Request #23
Approval of Unaudited Financials
Ms. Duque: Financial reports. Tab A is approval of funding request #23. Tab B is the approval of unaudited financials.

Mr. Werner: So we are approving the payment of the $5,200 to these three vendors, right?
Ms. Duque: Yes.

On MOTION by Mr. Besso seconded by Mr. Werner with all in favor, Funding Request #23 and Unaudited Financials were approved.

EIGHTH ORDER OF BUSINESS	Supervisors	Requests	and
Audience Comments
Ms. Duque: Do I have any Supervisor requests?
Mr. Werner: Or audience comments. Is there any questions that you have?
Mr. Gursky: We have a few questions and to be fair I don’t know if you are prepared to answer. I am not trying to make more of anything than it is. We appreciate you allowing us to participate today.
Ms. Duque: The meeting is being recorded. Can you please provide us with your name and last name?
Mr. Gursky: My name is Darrin Gursky. I am a senor partner at Haber Law. I serve as counsel to the Metropica North Condo Association. I am here with the property manager, Lillian Kiselesa. She may have comments too, I don’t know. There was a notation that the budget that may be adopted and I don’t know if it was today or this budget on July 7th? Is the budget July 7th a supplemental budget?
Ms. Duque: July 6th is when we are adopting the budget.
Mr. Gursky: July 6th is when you are adopting this $107,000, the same one from last year?
Ms. Duque: Yes. There are changes to the budget compared to last year, but the O & M amount remains the same. The budget, and this is important for residents, has two components: one is the O & M assessment, which covers administrative expenses, and the other is the debt assessment, which is related to the bonds and BANs that were issued. We have just issued those bonds and BANs, and that will be reflected in the assessments

Mr. Gursky: So FMSbonds situation they are the underwriter for the bonds, but the bonds are for the benefit of whom?
Ms. Wald: Phase 1. Phase 1 is the condo association. Mr. Gursky: Ok and they mature?
Ms. Wald: We just issued them.
Mr. Gursky: I guess that helps a little bit. There was a comment I thought I read that said that maybe part of this budget overlapped some of the Master expenses that maybe Metropica unit owners have some responsibility towards, I don’t know.
Mr. Werner: Let me help address a couple of things. First of all good question. I don’t know if that is best addressed here or at the public hearing. All of them will be answered and the reason I am suggesting we differ to address that issue is because after this meeting I think on Friday there is a meeting of the Master Association with management to discuss that transition. We haven’t worked out all the details of that yet but to clarify for your purposes there the HOA and then there is the Master Association which is a separate assessment. The only thing that maybe effected, that will be effected is that Master Association assessment not the HOA assessment. I am just helping to clarify that to the degree that it will be adjusted we don’t know quite yet because that is going to be discussed and still a work in progress.
Mr. Gursky: That is fair and I recognize that. I guess what I was just trying to understand and that is good Bernie, thank you. I guess a slight confusion is what the transition or issues maybe from Master and by virtue in that what expenses will be reallocated if you will because the unit owners essentially pay both. They pay the Master and the CDD so there is concern if you will, right or wrong, I don’t even know as to whether or not they are paying duplicate expenses or what expenses there are and to a certain extent obviously and I don’t know this even sitting here right now.
Mr. Werner: I don’t think this is a topic for the CDD Board to take up but these are good questions and I think in a far better place to answer those questions. You are welcome to come with management to our meeting on Friday where we will be discussing specifically those items, which line items will no longer continue. When they will no longer continue and how that will effect the budget for the Master Association. There happens to be some cost sharing between management with the HOA and the Master Association

that will be impacted as a result of what we are going to do and discuss on Friday. I hope that helps.
Mr. Gursky: I totally understand. I have two quick questions and I appreciate that Bernie. Is the percentage of common expense theoretically that the unit owners are based upon their allocated payment consistent or similarly structured with the Ad Valorem payment or special taxing district?
Ms. Wald: Our assessments are Non Ad Valorem Special Assessments. When you say are they similar. Ours are completed pursuant to the assessment report that was done and required for the issuance of bonds. For the bond it is only related to the condo and for the budget that you see here, which is the operation and maintenance budget, which is really just an operation budget it is for everybody. It is for all the properties in the CDD. I hope that answered. I don’t know how you are setup with the condo so I can’t answer as a comparison, but I can give you the tools as to how it is set up with the CDD.
Mr. Gursky: That is totally fair and I get that. The last question I had is it appeared and I don’t know it was brought up with the bonds that the unit owners are paying for those bonds and that part of the money for the bonds gets reimbursed to the developer for part of the construction?
Ms. Wald: No. Again everything this in the engineer’s report. Everything flows from the engineer’s report. For the bonds that were issued there is two things that were issued bonds and BANs at the same time. For the bonds it is only related to that property. For that these are all complete improvements. With completed improvements the engineer from his report he has numbers. They are based upon what was paid for the construction of those improvements. That is what we are talking about. We don’t like using the term reimbursement because it is not a reimbursement. We have lots of parties that have to look at these things and sign on the dotted line. It has to be calculated. It is provided per requisition, the engineer looks at it as to the calculations, yes it does match up or no it doesn’t. This doesn’t belong. This belongs. He provides the final number, and it also gets reviewed by management and then also by the Chair because he has to sign off on a requisition so again all of those little steps and it is only those amounts. It is not going to be higher. That is where the quote unquote reimbursement comes into place and that occurs when the District gets the improvements. That hasn’t occurred yet. The bonds

have been issued but we haven’t finished the process where the District actually owns the improvements, which is why it is important meeting that you are going to have I guess on Friday to have that discussion along with the condo association. I should say Master Association to help you make those determinations as we get to that point. It just hasn’t happened yet. We know it is going to happen, but we have to work through some steps to make sure that it happens legally and properly with the right numbers. That is why government is so slow.
Mr. Gursky: Ok. We don’t know what the improvements are. Ms. Wald: We know what they are.
Mr. Gursky: I will review that report to get a better understanding.
Ms. Wald: He has to look at it, he has to make sure everything is done properly, he has to certify all these things. He has to double check all the numbers. Then it gets checked again. Then we make sure that we have all the required legal documents for a proper conveyance of those improvements including the property that they are into the CDD. All those things usually happen at the same time, but we are all working independently to make sure we have it all properly together before everything is signed off and recorded. It is going to happen. It is part of the bond.
Mr. Gursky: I accept that. Thank you. Do you have a time for Friday yet? Mr. Werner: Yes.
Mr. Gursky: Thank you very much.
Mr. Werner: Are there any other questions? Ms. Duque: Ok, a motion to adjourn.

NINTH ORDER OF BUSINESS	Adjournment

On MOTION by Mr. Werner seconded by Mr. Collazo with all in favor, the meeting was adjourned.

Assistant Secretary/ Secretary	Chairman/Vice Chairman

GISELLE GONZALEZ MANSEUR, ESQ 305-379-2400 GMANSEUR@HABER.LAW

VIA EMAIL AND U.S. MAIL

Metropica Community Development District c/o Juliana Duque, District Manager Governmental Management Services, LLC 5385 N. Nob Hill Road
Sunrise, Florida 33351 jduque@gmssf.com

Re:	Objection to Public Hearing Scheduled for July 6, 2026 – Proposed FY 2027 Budget and O&M Assessments

Dear Ms. Duque:

This firm represents Metropica North Tower Condominium Association, Inc. (the “Association”), the condominium association for property located within the Metropica Community Development District (the “District”), acting on behalf of and in the interest of its unit owners.

The Association submits this objection to the District’s Notice of Public Hearing dated June 5, 2026, concerning the proposed Fiscal Year 2027 budget and operations and maintenance (“O&M”) assessments (the “Notice”), and the public hearing scheduled for July 6, 2026, at 11:00
a.m. at Flamingo Park, 12855 NW 8 Street, Sunrise, Florida 33323.

Based on the information currently available, the Association objects as follows:

The Association requests disclosure of the methodology, assumptions, and calculations supporting the proposed O&M assessments, including the basis for allocation among affected properties, including allocation by Equivalent Residential Unit (“ERU”) and per-acre classifications reflected in Exhibit A to the Notice.
The Association objects to the extent that all underlying documents necessary to evaluate the proposed assessments, including the proposed budget, assessment roll, and supporting data, have not been sufficiently disclosed or made readily available to affected property owners, notwithstanding the Notice’s statement that such materials may be obtained through the District Manager’s Office.

The materials reviewed to date appear to reflect primarily administrative and governance-related expenses and do not clearly identify the scope of any underlying

Metropica Community Development District c/o Juliana Duque, District Manager
June 25, 2026
Page 2 of 2

operational or maintenance obligations being funded through the proposed assessments. The Association therefore requests clarification as to:

the specific services, improvements, or infrastructure to be funded, if any;
whether, and to what extent, such services or improvements provide a direct benefit to the Association’s property and its unit owners; and
whether, and to what extent, such costs relate to or overlap with expenses otherwise incurred at the association level.

The Association reserves the right to challenge the basis, allocation, and amount of the proposed assessments, including the per-unit and per-acre assessment amounts set forth in Exhibit A to the Notice, to the extent such assessments are not fully supported and disclosed.

The Association further objects to the Notice and hearing process to the extent it does not fully comply with applicable statutory requirements governing non-ad valorem assessments, including Chapter 190 and Section 197.3632, Florida Statutes.

This objection is submitted pursuant to the Notice, which provides that affected property owners may submit written objections within twenty (20) days of issuance. The Association expressly reserves the right to supplement these objections upon receipt of additional information and to raise further objections at or prior to the public hearing.

Please confirm receipt of this objection and provide all supporting materials relating to the proposed budget and assessments.

Sincerely,

HABER LAW, LLP

s/ Giselle Gonzalez Manseur	
DARRIN GURSKY, ESQ.
GISELLE GONZALEZ MANSEUR, ESQ.

RESOLUTION 2026-07
[FY 2027 APPROPRIATION RESOLUTION]

THE ANNUAL APPROPRIATION RESOLUTION OF THE METROPICA COMMUNITY DEVELOPMENT DISTRICT (“DISTRICT”) RELATING TO THE ANNUAL APPROPRIATIONS AND ADOPTING THE BUDGET(S) FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2026, AND ENDING SEPTEMBER 30, 2027; AUTHORIZING BUDGET AMENDMENTS; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, for the fiscal year beginning October 1, 2026, and ending September 30, 2027 (“FY 2027”), the District Manager prepared and submitted to the Board of Supervisors (“Board”) of the Metropica Community Development District (“District”) prior to June 15, 2026, proposed budget(s) (“Proposed Budget”) along with an explanatory and complete financial plan for each fund of the District, pursuant to the provisions of Section 190.008(2)(a), Florida Statutes; and

WHEREAS, at least sixty (60) days prior to the adoption of the Proposed Budget, the District filed a copy of the Proposed Budget with the local general-purpose government(s) having jurisdiction over the area included in the District pursuant to the provisions of Section 190.008(2)(b), Florida Statutes; and

WHEREAS, the Board set a public hearing on the Proposed Budget and caused notice of such public hearing to be given by publication pursuant to Section 190.008(2)(a), Florida Statutes; and

WHEREAS, the District Manager posted the Proposed Budget on the District’s website in accordance with Section 189.016, Florida Statutes; and

WHEREAS, Section 190.008(2)(a), Florida Statutes, requires that, prior to October 1st of each year, the Board, by passage of the Annual Appropriation Resolution, shall adopt a budget for the ensuing fiscal year and appropriate such sums of money as the Board deems necessary to defray all expenditures of the District during the ensuing fiscal year.

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

SECTION 1. RECITALS

The foregoing recitals are hereby incorporated as findings of fact of the Board.

SECTION 2.  BUDGET

The Proposed Budget, attached hereto as Exhibit A, as amended by the Board, is hereby adopted in accordance with the provisions of Section 190.008(2)(a), Florida Statutes (“Adopted Budget”), and incorporated herein by reference; provided, however, that the comparative figures contained in the Adopted Budget may be subsequently revised as deemed necessary by the District Manager to reflect actual revenues and expenditures.

The Adopted Budget, as amended, shall be maintained in the office of the District Manager and at the District’s Local Records Office and identified as “The Budget for the Metropica Community Development District for the Fiscal Year Ending September 30, 2027.”

The Adopted Budget shall be posted by the District Manager on the District’s official website in accordance with Section 189.016, Florida Statutes and shall remain on the website for at least two (2) years.

SECTION 3.  APPROPRIATIONS

There is hereby appropriated out of the revenues of the District, for FY 2027, the sum(s) set forth in Exhibit A to be raised by the levy of assessments and/or otherwise, which sum is deemed by the Board to be necessary to defray all expenditures of the District during said budget year, to be divided and appropriated as set forth in Exhibit A.

SECTION 4.  BUDGET AMENDMENTS

Pursuant to Section 189.016, Florida Statutes, the District at any time within FY 2027 or within 60 days following the end of the FY 2027 may amend its Adopted Budget for that fiscal year as follows:

A line-item appropriation for expenditures within a fund may be decreased or increased by motion of the Board recorded in the minutes, and approving the expenditure, if the total appropriations of the fund do not increase.

The District Manager or Treasurer may approve an expenditure that would increase or decrease a line-item appropriation for expenditures within a fund if the total appropriations of the fund do not increase and if either (i) the aggregate change in the original appropriation item does not exceed the greater of $15,000 or 15% of the original appropriation, or (ii) such expenditure is authorized by separate disbursement or spending resolution.

Any other budget amendments shall be adopted by resolution and consistent with Florida law. The District Manager or Treasurer must ensure that any amendments to the budget under this paragraph c. are posted on the District’s website in accordance with Section 189.016, Florida Statutes, and remain on the website for at least two (2) years.

SECTION 5. EFFECTIVE DATE. This Resolution shall take effect immediately upon adoption.
PASSED AND ADOPTED THIS 6thDAY OF July 2026.

ATTEST:	METROPICA COMMUNITY
DEVELOPMENT DISTRICT

Secretary / Assistant Secretary	Chair / Vice Chair

Exhibit A:	FY 2027 Budget

Metropica	
Community Development District	

Approved Proposed Budget	
FY 2027	

Table of Contents

1

2-3

4-6

7-8

General Fund

Narratives

Debt Service Fund Series 2026

Debt Service Fund Series 2026 BAN

9	Assessment Schedule

Metropica	
Community Development District	
Approved Proposed Budget	
General Fund	

Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Approved
Proposed Budget	
Description	FY2026	5/31/26	4 Months	9/30/26	FY 2027	

REVENUES:						
Special Assessments-On Roll	$	-	$-	$-	$-	$	9,158	
Special Assessments-Direct Bill	-	-	-	-	92,226	
Developer Contributions/ Special Assessments	107,843	64,586	19,154	83,740	-	

TOTAL REVENUES	$	107,843	$	64,586	$	19,154	$	83,740	$	101,384	

EXPENDITURES:						
Administrative						
Supervisor Fees	$	12,000	$	-	$	-	$	-	$	6,000	
FICA Taxes	918	-	-	-	459	
Engineering	10,000	3,263	2,500	5,763	10,000	
Attorney	12,000	16,350	10,219	26,569	12,000	
Annual Audit	5,000	3,300	-	3,300	5,000	
Assessment Administration	5,000	-	-	-	5,000	
Arbitrage Rebate	550	-	-	-	550	
Dissemination Agent	5,000	-	-	-	5,000	
Trustee Fees	5,000	-	-	-	5,000	
Management Fees	37,000	24,667	12,333	37,000	37,000	
Website Maintenance	1,500	1,000	500	1,500	1,500	
Telephone	200	-	-	-	200	
Postage & Delivery	750	-	250	250	750	
Insurance General Liability	6,500	5,512	-	5,512	6,500	
Printing & Binding	1,000	-	250	250	1,000	
Legal Advertising	2,000	501	1,250	1,751	2,000	
Other Current Charges	750	1	50	51	750	
Dues, Licenses & Subscriptions	175	175	-	175	175	
Contingency	2,500	-	1,619	1,619	2,500	
TOTAL EXPENDITURES	$	107,843	$	54,769	$	28,971	$	83,740	$	101,384	

EXCESS REVENUES (EXPENDITURES)	$	-	$	9,817	$	(9,817)	$	-	$	-	

Product	Assessable Units	Total Gross Assessment	FY26
Gross Per Unit	FY27
Gross Per Unit	Increase/ (Decrease)	
On Tax Roll						
Single Family	263	$	9,218.70	$	-	$	35.05	$	35.05	
Commercial	5.0	$	523.62	$	-	$	104.22	$	104.22	
Total	268.0	$	9,742.33				
Net Assessments		 $	9,157.79 				

Product	Assessable Acres	Total Gross Assessment	FY26
Gross Per Unit	FY27
Gross Per Unit	Increase/ (Decrease)	
Direct Bill (BAN)						
Commercial/Office/Hotals	25.9	$	52,215.81	$	-	$	2,018.30	$	2,018.30	
Direct Bill (Owned by Developers)						
Commercial/Office/Hotals	22.7	$	45,897.18	$	-	$2,018.30	$	2,018.30	
Total	25.9	$  98,112.99				
Net Assessments		 $  92,226.21 				

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	
The District earns interest on the monthly average collected balance for each of their investment accounts.	

Expenditures - Administrative	

Supervisors Fees	
Chapter 190 of the Florida Statutes allows for members of the Board of Supervisors to be compensated
$200 per meeting in which they attend. The budgeted amount for the fiscal year is based on all supervisors attending 6 meetings.	
FICA Taxes	
Payroll taxes on Board of Supervisor’s compensation. The budgeted amount for the fiscal year is calculated at 7.65% of the total Board of Supervisor’s payroll expenditures.	
Engineering	
The District's engineer will provide general engineering services to the District, i.e. attendance and preparation for monthly board meetings, review of invoices, and other specifically requested assignments.	
Attorney	
The District’s Attorney, 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. The budgeted amount for the fiscal year is based on contracted fees from the previous year engagement plus anticipated increase.	
Assessment Roll Administration	
GMS SF, LLC provides assessment services for closing lot sales, assessment roll services with the local Tax Collector and financial advisory services.	
Dissemination Agent	
The District is required by the Security and Exchange Commission to comply with Rule 15(c)(2)-12(b)(5), which relates to additional reporting requirements for un-rated bond issues.	
Trustee Fees	
The District bonds will be held and administered by a Trustee. This represents the trustee annual fee.	
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.	

Expenditures - Administrative (continued)	
Information Technology	
The District processes all of its financial activities, i.e. accounts payable, financial statements, etc. on a main frame computer leased by Governmental Management Services – South Florida, LLC.	
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.	
Telephone	
Conference calls for the CDD.	
Postage and Delivery	
Actual postage and/or freight used for District mailings including agenda packages, vendor checks and other	
Insurance General Liability	
The District's General Liability & Public Officials Liability Insurance policy is with a qualified entity that specializes in providing insurance coverage to governmental agencies. The amount is based upon similar Community Development	
Printing and Binding	
Copies used in the preparation of agenda packages, required mailings, and other special projects.	
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.	
Due, Licenses & Subscriptions	
The District is required to pay an annual fee to Florida Commerce for $175.	
Contingencies	
A contingency for any unanticipated and unscheduled cost to the District.	

Metropica	
Community Development District	
Approved Proposed Budget	
Debt Service Series 2026 Special Assessment Bonds and Bond Anticipation Note	

Proposed Budget	
Actuals Thru	
Projected Next	
Projected Thru	Approved Proposed
Budget	
Description	FY2026	5/31/26	4 Months	9/30/26	FY 2027	

REVENUES:

Special Assessments-On Roll	$	-	$	-	$	-	$	-	$	216,121	
Special Assessments-Direct Bill	-	-	-	-	-	
Interest Earnings	1,000	16	1,047	1,064	1,621	
Carry Forward Surplus (1)	-	-	-	-	85,599	
TOTAL REVENUES	$	1,000	$	16	$	1,047	$	1,064	$	303,341	

EXPENDITURES:						
2026 Special Assessment Bond	
Interest - 11/1	$	-	$	-	$	-	$	-	$	85,599	
Interest - 5/1	-	-	-	-	84,659	
Principal - 5/1	-	-	-	-	45,000	

TOTAL EXPENDITURES	$	-	$	-	$	-	$	-	$	215,258	

Other Sources/(Uses)						
Bond Proceed	$	139,629	$	-	$	139,629	$	139,629	$	-	

TOTAL OTHER SOURCES/(USES)	$	139,629	$	-	$	139,629	$	139,629	$	-	

TOTAL EXPENDITURES	$	(139,629)	$	-	$	(139,629)	$	(139,629)	$	215,258	

EXCESS REVENUES (EXPENDITURES)	$	140,629	$	16	$	140,677	$	140,693	$	88,083	

Bond Interest Due 11/1/27	$	83,759	

(1) Carry Forward is Net of Reserve Requirement

Product	Assessable Units	Total Gross Assessment	FY26
Gross Per Unit	FY27
Gross Per Unit	Increase/ (Decrease)	
On Tax Roll						
Single Family	263	$ 217,061.73	$	-	$	825.33	$	825.33	
Commercial	5	$	12,853.96	$	-	$	2,558.51	$	2,558.51	
Total	268	$ 229,915.70				
Net Assessments		 $ 216,120.76 				

Metropica	
Community Development District	
AMORTIZATION SCHEDULE	
Debt Service Series 2026 Special Assessment Bonds and Bond Anticipation Note	

04/16/26	$	3,120,000	4.000%	$	-	$	-	$	-	
05/01/26	3,120,000	4.000%		-		
11/01/26	3,120,000	4.000%		85,599	85,599	
05/01/27	3,120,000	4.000%	45,000	84,659		
11/01/27	3,075,000	4.000%		83,759	213,418	
05/01/28	3,075,000	4.000%	45,000	83,759		
11/01/28	3,030,000	4.000%		82,859	211,618	
05/01/29	3,030,000	4.000%	50,000	82,859		
11/01/29	2,980,000	4.000%		81,859	214,718	
05/01/30	2,980,000	4.000%	50,000	81,859		
11/01/30	2,930,000	4.000%		80,859	212,718	
05/01/31	2,930,000	4.000%	55,000	80,859		
11/01/31	2,875,000	4.000%		79,759	215,618	
05/01/32	2,875,000	5.350%	55,000	79,759		
11/01/32	2,820,000	5.350%		78,288	213,046	
05/01/33	2,820,000	5.350%	60,000	78,288		
11/01/33	2,760,000	5.350%		76,683	214,970	
05/01/34	2,760,000	5.350%	60,000	76,683		
11/01/34	2,700,000	5.350%		75,078	211,760	
05/01/35	2,700,000	5.350%	65,000	75,078		
11/01/35	2,635,000	5.350%		73,339	213,416	
05/01/36	2,635,000	5.350%	70,000	73,339		
11/01/36	2,565,000	5.350%		71,466	214,805	
05/01/37	2,565,000	5.350%	75,000	71,466		
11/01/37	2,490,000	5.350%		69,460	215,926	
05/01/38	2,490,000	5.350%	75,000	69,460		
11/01/38	2,415,000	5.350%		67,454	211,914	
05/01/39	2,415,000	5.350%	80,000	67,454		
11/01/39	2,335,000	5.350%		65,314	212,768	
05/01/40	2,335,000	5.350%	85,000	65,314		
11/01/40	2,250,000	5.350%		63,040	213,354	
05/01/41	2,250,000	5.350%	90,000	63,040		
11/01/41	2,160,000	5.350%		60,633	213,673	
05/01/42	2,160,000	5.350%	95,000	60,633		
11/01/42	2,065,000	5.350%		58,091	213,724	
05/01/43	2,065,000	5.350%	100,000	58,091		
11/01/43	1,965,000	5.350%		55,416	213,508	
05/01/44	1,965,000	5.350%	105,000	55,416		
11/01/44	1,860,000	5.350%		52,608	213,024	
05/01/45	1,860,000	5.350%	110,000	52,608		
11/01/45	1,750,000	5.350%		49,665	212,273	
05/01/46	1,750,000	5.350%	120,000	49,665		
11/01/46	1,630,000	5.350%		46,455	216,120	
05/01/47	1,630,000	5.700%	125,000	46,455		
11/01/47	1,505,000	5.700%		42,893	214,348	
05/01/48	1,505,000	5.700%	130,000	42,893		
11/01/48	1,375,000	5.700%		39,188	212,080	
05/01/49	1,375,000	5.700%	140,000	39,188		
11/01/49	1,235,000	5.700%		35,198	214,385	
05/01/50	1,235,000	5.700%	150,000	35,198		
11/01/50	1,085,000	5.700%		30,923	216,120	
05/01/51	1,085,000	5.700%	155,000	30,923		
11/01/51	930,000	5.700%		26,505	212,428	

Metropica	
Community Development District	
AMORTIZATION SCHEDULE	
Debt Service Series 2026 Special Assessment Bonds and Bond Anticipation Note	

(Continued)						
05/01/52	930,000	5.700%	165,000	26,505		
11/01/52	765,000	5.700%		21,803	213,308	
05/01/53	765,000	5.700%	175,000	21,803		
11/01/53	590,000	5.700%		16,815	213,618	
05/01/54	590,000	5.700%	185,000	16,815		
11/01/54	405,000	5.700%		11,543	213,358	
05/01/55	405,000	5.700%	195,000	11,543		
11/01/55	210,000	5.700%		5,985	212,528	
05/01/56	210,000	5.700%	210,000	5,985	215,985	
Total		$	3,120,000	$	3,376,121	$	6,496,121	

Metropica	
Community Development District	
Approved Proposed Budget	
Debt Service Series 2026 Bond Anticipation Note	

Proposed Budget	
Actuals Thru	
Projected Next	
Projected Thru	Approved Proposed
Budget	
Description	FY2026	5/31/26	4 Months	9/30/26	FY 2027	

REVENUES:

Special Assessments-Direct Bill	$	-	$	-	$	-	$	-	$	472,850	
Interest Earnings	19,000	363	18,967	19,330	28,371	
Carry Forward Surplus (1)	-	-	-	-	950,954	

TOTAL REVENUES	$	19,000	$	363	$	18,967	$	19,330	$	1,452,175	

EXPENDITURES:						
2026 Bond Anticipation Bond						
Interest - 11/1	$	-	$	-	$	-	$	-	$	478,104	
Interest - 5/1	-	-	-	-	472,850	
Principal - 5/1	-	-	-	-	-	

TOTAL EXPENDITURES	$	-	$	-	$	-	$	-	$	950,954	

Other Sources/(Uses)

Interfund transfer In/(Out)	$	-	$	-	$	-	$	-	$	-	
Bond Anticipation Note Proceed	1,896,654	-	1,896,654	1,896,654	-	

TOTAL OTHER SOURCES/(USES)	$	1,896,654	$	-	$	1,896,654	$	1,896,654	$	-	

TOTAL EXPENDITURES	$  (1,896,654)	$	-	$  (1,896,654)	$	(1,896,654)	$	950,954	

EXCESS REVENUES (EXPENDITURES)	$	1,915,654	$	363	$	1,915,620	$	1,915,984	$	501,221	

Interest Due 11/1/27	$	472,850	

(1) Carry Forward is Net of Reserve Requirement

Product	Assessable Acres	Total Gross Assessment	FY26
Gross Per Unit	FY27
Gross Per Unit	Increase/ (Decrease)	

Direct Billed (BAN)						
Commercial/Offices/Hotel	25.87	$ 503,031.91	$	-	$	19,443.71	$	19,443.71	

Total	25.87	$ 503,031.91	
Less: Discounts & Collections 6%		 $	30,181.91 	
Net Assessments		 $ 472,850.00 	

Metropica	
Community Development District	
AMORTIZATION SCHEDULE	
Debt Service Series 2026 Bond Anticipation Note	

Period	Outstanding Balance	Coupons	Principal	Interest	Annual Debt Service	

04/16/26	$	13,510,000	7.000%	$	-	$	-	$	-	
05/01/26	13,510,000	7.000%	-	-		
11/01/26	13,510,000	7.000%	-	478,104	$478,104	
05/01/27	13,510,000	7.000%	-	472,850		
11/01/27	13,510,000	7.000%	-	472,850	$945,700	
05/01/28	13,510,000	7.000%	-	472,850		
11/01/28	13,510,000	7.000%	-	472,850	$945,700	
05/01/29	13,510,000	7.000%	-	472,850		
11/01/29	13,510,000	7.000%	-	472,850	$945,700	
05/01/30	13,510,000	7.000%	-	472,850		
11/01/30	13,510,000	7.000%	13,510,000	472,850	$14,455,700	

Total	$	13,510,000	$	4,260,904	$	17,770,904	

Metropica
Community Development District
Non-Ad Valorem Assessments Comparison 2026-2027

Neighborhood	O&M Units	Bonds Units
2026	
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	
263	
263	
$35.05	
$0.00	
$35.05	
$825.33	
$0.00	
$825.33	
$860.38	
$0.00	
$860.38	
Commercial sq ft ***	5.024	5.024	$104.22	$0.00	$104.22	$2,558.51	$0.00	$2,558.51	$2,662.74	$0.00	$2,662.74	
Total	268	268										
***1,000 sq.ft equals one Unit, ERU is per Unit

RESOLUTION 2026-08

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE METROPICA COMMUNITY DEVELOPMENT DISTRICT MAKING A DETERMINATION OF BENEFIT AND IMPOSING NON-AD VALOREM SPECIAL ASSESSMENTS FOR FISCAL YEAR 2027; PROVIDING FOR THE COLLECTION AND ENFORCEMENT OF SPECIAL ASSESSMENTS; CERTIFYING AN ASSESSMENT ROLL; PROVIDING FOR AMENDMENTS TO THE ASSESSMENT ROLL; PROVIDING A SEVERABILITY CLAUSE; AND PROVIDING AN EFFECTIVE DATE.
WHEREAS, the Metropica Community Development District (the “District”) is a local unit of special-purpose government established pursuant to Chapter 190, Florida Statutes, for the purpose of providing, operating, and maintaining infrastructure improvements, facilities, and services to the lands within the District; and
WHEREAS, the District is located in Broward County, Florida (the “County”); and

WHEREAS, the District has constructed or acquired various infrastructure improvements and provides certain services in accordance with the District’s adopted capital improvement plan and Chapter 190, Florida Statutes; and
WHEREAS, the Board of Supervisors (the “Board”) of the District hereby determines to undertake various operations and maintenance and other activities described in the District’s budget (“Adopted Budget”) for the ﬁscal year beginning October 1, 2026, and ending September 30, 2027 (“Fiscal Year 2027”), attached hereto as Exhibit A and incorporated by reference herein; and
WHEREAS, the District must obtain suﬃcient funds to provide for the operation and maintenance of the services and facilities provided by the District as described in the Adopted Budget; and
WHEREAS, the provision of such services, facilities, and operations is a special and peculiar beneﬁt to lands within the District; and
WHEREAS, Chapter 190, Florida Statutes, provides that the District may impose non-ad valorem special assessments (the “Assessments”) on beneﬁtted lands within the District; and

WHEREAS, it is in the best interests of the District to proceed with the imposition of the Assessments for operations and maintenance in the amount set forth in the Adopted Budget; and
WHEREAS, the District has previously levied an assessment for debt service, which the District desires to collect for Fiscal Year 2027; and
WHEREAS, Chapter 197, Florida Statutes, provides a mechanism pursuant to which such Assessments may be placed on the tax roll and collected by the local tax collector (“Uniform Method”), and the District has previously authorized the use of the Uniform Method by, among other things, entering into agreements with the Property Appraiser and Tax Collector of the County for that purpose; and
WHEREAS, it is in the best interests of the District to adopt the Assessment Roll of the Metropica Community Development District (“Assessment Roll”) attached to this Resolution as Exhibit B and incorporated as a material part of this Resolution by this reference, and to certify the Assessment Roll to the County Tax Collector pursuant to the Uniform Method; and
WHEREAS, it is in the best interests of the District to permit the District Manager to amend the Assessment Roll, certiﬁed to the County Tax Collector by this Resolution, as the Property Appraiser updates the property roll for the County, for such time as authorized by Florida law.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE METROPICA COMMUNITY DEVELOPMENT DISTRICT:
SECTION 1. RECITALS. The foregoing recitals are hereby incorporated as ﬁndings of
fact of the Board.
SECTION 2. BENEFIT & ALLOCATION FINDINGS. The Board hereby ﬁnds and determines that the provision of the services, facilities, and operations as described in Exhibit A confers a special and peculiar beneﬁt to the lands within the District, which beneﬁt exceeds or equals the cost of the Assessments. The allocation of the Assessments to the specially beneﬁtted lands, as shown in Exhibits A and B, is hereby found to be fair and reasonable.
SECTION 3. ASSESSMENT IMPOSITION. Pursuant to Chapters 190 and 197, Florida Statutes, and using the procedures authorized by Florida law for the levy and collection

of non-ad valorem special assessments, an Assessment for operation and maintenance is hereby imposed and levied on beneﬁtted lands within the District, and in accordance with Exhibits A and B. The lien of the special assessments for operations and maintenance imposed and levied by this Resolution shall be eﬀective upon passage of this Resolution. Moreover, pursuant to Section 197.3632(4), Florida Statutes, the lien amount shall serve as the “maximum rate” authorized by law for operation and maintenance Assessments.
SECTION 4. COLLECTION. The collection of the operation and maintenance special Assessments and previously levied debt service assessments shall be at the same time and in the same manner as County taxes in accordance with the Uniform Method, as indicated on Exhibits A and B. The decision to collect non-ad valorem special assessments by any particular method – e.g., on the tax roll or by direct bill – does not mean that such method will be used to collect such special assessments in future years, and the District reserves the right in its sole discretion to select collection methods in any given year, regardless of past practices.
SECTION 5. ASSESSMENT ROLL. The Assessment Roll, attached to this Resolution as Exhibit B, is hereby certiﬁed to the County Tax Collector and shall be collected by the County Tax Collector in the same manner and time as County taxes. The proceeds therefrom shall be paid to the District.
SECTION 6. ASSESSMENT ROLL AMENDMENT. The District Manager shall keep apprised of all updates made to the County property roll by the Property Appraiser after the date of this Resolution and shall amend the Assessment Roll in accordance with any such updates, for such time as authorized by Florida law, to the County property roll. After any amendment of the Assessment Roll, the District Manager shall ﬁle the updates in the District records.
SECTION 7. 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.
SECTION 8. EFFECTIVE DATE. This Resolution shall take eﬀect upon the passage and
adoption of this Resolution by the Board.

PASSED AND ADOPTED this 6th day of July 2026.

ATTEST:	METROPICA COMMUNITY DEVELOPMENT DISTRICT

By:	
Secretary/Assistant Secretary	Chair / Vice Chair

Exhibit A:	Adopted Budget for Fiscal Year 2027
Exhibit B:	Assessment Roll

Folio #	O&M on Tax Roll	Debt on Tax Roll	
494026090010	$44,454.31	$793,700.50	
494026090013	$2,888.48	$51,571.76	
494026100020	$1,293.07	$23,086.85	
494026100030	$3,478.61	$62,108.18	
494026100041	$3,640.94	$65,006.40	
494026090030	$22,164.35	$0.00	
494026100010	$24,692.90	$0.00	
494026100040	$2,151.21	$0.00	
494026AC0010	$553.17	$12,766.97	
494026AC0020	$3.77	$86.99	
494026AB0010	$35.76	$825.33	
494026AB0020	$35.76	$825.33	
494026AB0030	$35.76	$825.33	
494026AB0040	$35.76	$825.33	
494026AB0050	$35.76	$825.33	
494026AB0060	$35.76	$825.33	
494026AB0070	$35.76	$825.33	
494026AB0080	$35.76	$825.33	
494026AB0090	$35.76	$825.33	
494026AB0100	$35.76	$825.33	
494026AB0110	$35.76	$825.33	
494026AB0120	$35.76	$825.33	
494026AB0130	$35.76	$825.33	
494026AB0140	$35.76	$825.33	
494026AB0150	$35.76	$825.33	
494026AB0160	$35.76	$825.33	
494026AB0170	$35.76	$825.33	
494026AB0180	$35.76	$825.33	
494026AB0190	$35.76	$825.33	
494026AB0200	$35.76	$825.33	
494026AB0210	$35.76	$825.33	
494026AB0220	$35.76	$825.33	
494026AB0230	$35.76	$825.33	
494026AB0240	$35.76	$825.33	
494026AB0250	$35.76	$825.33	
494026AB0260	$35.76	$825.33	
494026AB0270	$35.76	$825.33	
494026AB0280	$35.76	$825.33	
494026AB0290	$35.76	$825.33	
494026AB0300	$35.76	$825.33	
494026AB0310	$35.76	$825.33	
494026AB0320	$35.76	$825.33	
494026AB0330	$35.76	$825.33	
494026AB0340	$35.76	$825.33	
494026AB0350	$35.76	$825.33	
494026AB0360	$35.76	$825.33	
494026AB0370	$35.76	$825.33	
494026AB0380	$35.76	$825.33	
494026AB0390	$35.76	$825.33	
494026AB0400	$35.76	$825.33	
494026AB0410	$35.76	$825.33	

494026AB0420	$35.76	$825.33	
494026AB0430	$35.76	$825.33	
494026AB0440	$35.76	$825.33	
494026AB0450	$35.76	$825.33	
494026AB0460	$35.76	$825.33	
494026AB0470	$35.76	$825.33	
494026AB0480	$35.76	$825.33	
494026AB0490	$35.76	$825.33	
494026AB0500	$35.76	$825.33	
494026AB0510	$35.76	$825.33	
494026AB0520	$35.76	$825.33	

494026AB0530	$35.76	$825.33	
494026AB0540	$35.76	$825.33	
494026AB0550	$35.76	$825.33	
494026AB0560	$35.76	$825.33	
494026AB0570	$35.76	$825.33	
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	$114,725.69	$1,225,389.38	

MEMORANDUM
TO:	District Manager

FROM:	Billing Cochran, P.A. District Counsel

DATE:	June 11, 2026

RE:	2026 Legislative Update

As District Counsel, throughout the year we continuously monitor pending legislation that may be applicable to the governance and operation of our Community Development District and other Special District clients. It is at this time of year that we summarize those legislative acts that have become law during the most recent legislative session, as follows:

Chapter [TBD], Laws of Florida (HB 0145). This legislation amends the sovereign‑immunity statute to raise liability caps and change tort‑claim procedures for government entities. The bill revises Section 768.28, Florida Statutes, increasing the statutory limits on damages recoverable against the state and its agencies/subdivisions (including special districts). For causes of action accruing on or after October 1, 2026, the liability caps increase from $200,000 to $350,000 per person and from $300,000 to $500,000 per incident. The bill also authorizes state agencies and subdivisions to settle claims or judgments in excess of those caps, up to available insurance limits, without requiring a legislative claims bill.

The bill authorizes a state subdivision (e.g. counties, municipalities, special districts including CDDs) to settle a claim or judgment in excess of the statutory cap without requiring a separate legislative claim bill, so long as settlement is within insurance coverage limits. The bill prohibits any insurance policy issued on or after October 1, 2026, from conditioning liability coverage or payment on the later enactment of a legislative claim bill.

In addition, the bill shortens the pre-suit notice period by requiring claimants to present a claim to the appropriate agency within 18 months after accrual of the claim, rather than the current three-year period. It also revises the statute of limitations by requiring most negligence actions against governmental entities to be filed within two (2) years, while maintaining existing limitations periods for medical malpractice, wrongful death, and contribution claims. The bill also reduces the time for an agency or the Department of Financial Services to make a final disposition of a claim before it is deemed denied, from six (6) months to four (4) months.

This law applies directly to CDDs because CDDs are among the “subdivisions” of state government covered by section 768.28, Florida Statutes. As such CDDs may now be subject to higher damage awards for tort claims.

Chapter [TBD], Laws of Florida (HB 273). This legislation revises Florida law governing state financial assistance and rural economic development programs to include certain

special districts and improve payment processing for eligible rural entities. The bill amends Section 215.971, Florida Statutes to allow state agencies, under certain conditions, to directly facilitate or expedite payment of invoices for counties, municipalities, and qualifying special districts, particularly those located in rural areas or designated rural areas of opportunity. It authorizes agencies to structure agreements so that eligible rural governments and certain special districts, especially those providing water and wastewater services, receive faster payment processing for verified, completed work. The intent is to reduce financial strain and cash flow challenges that rural entities often face when administering state-funded projects, while preserving existing legal and regulatory requirements. The legislation also amends Section 288.0656, Florida Statutes to expand the definition of “rural community” to explicitly include independent special districts that provide water and wastewater services within rural areas of opportunity. This expansion makes those districts eligible for rural economic development support programs and related state assistance. The act takes effect July 1, 2026.

This legislation applies CDDs in a limited and conditional way, depending on the type of CDD and the services it provides. CDDs that are involved in state-funded infrastructure projects, such as water, wastewater, drainage, or utility improvements, may benefit from the amendment to Section 215.971, Florida Statutes. If a CDD is acting as a recipient or sub recipient of state financial assistance, the law allows state agencies to structure agreements so that invoices can be processed and paid more quickly for verified work. This can improve cash flow for CDDs building infrastructure, particularly smaller or rural CDDs that rely on this type of reimbursement funding. Second, the bill’s expansion of the definition of “rural community” under Section 288.0656, Florida Statutes generally does not directly include most CDDs, because eligibility is tied primarily to counties, municipalities, and independent special districts providing water and wastewater services in rural areas of opportunity. A typical CDD would only benefit if it meets those narrow conditions, meaning it operates in a qualifying rural area and functions in a way that aligns with the statutory definition (or is structured similarly to an independent utility-focused district).

Chapter [TBD], Laws of Florida (HB 0655). This legislation creates a new exemption under Florida law (Section 70.90, Florida Statutes) that allows agencies to hold closed attorney-client meetings during the 90-day notice period for claims brought under the Bert J. Harris, Jr., Private Property Rights Protection Act. These closed meetings are limited to discussions between the agency and its attorney for purposes of settlement strategy or negotiation of private property rights claims. While the meetings are exempt from Florida’s Sunshine Law, they must still be recorded by a certified court reporter, fully transcribed, and later released as a public record once the claim is resolved or the statute of limitations expires if no settlement or litigation occurs.

The law also creates a temporary public records exemption for the transcripts, recordings, minutes, and related materials generated during these closed sessions, ensuring confidentiality during active negotiations. However, this exemption is not permanent; it is subject to future legislative review and sunsets in 2031 unless reenacted. The act takes effect July 1, 2026.

The law allows a CDD Board of Supervisors to hold closed attorney-client sessions when the CDD is facing a pre-suit claim under the Bert J. Harris, Jr., Private Property Rights Protection Act regarding topics such as land use impacts, infrastructure construction, easement disputes, and development-related claims that can trigger property rights assertions under the Bert Harris Act.

During these closed sessions, the CDD can privately discuss settlement strategy with its attorney without public disclosure of sensitive legal positions. However, the exemption is narrow and procedural. The CDD must still provide public notice of the meeting, the session must begin and end in an open meeting, and a certified court reporter must record everything discussed. Although the discussion is confidential at the time, the transcript becomes a public record once the claim is resolved or the statutory timeframe expires if no settlement or lawsuit is filed.

Chapter 2026-115, Laws of Florida (HB 1085). This legislation creates the Local Government Cybersecurity Protection Program within the Florida Digital Service to assist local governments in strengthening cybersecurity defenses, particularly against threats such as ransomware. It establishes a statewide grant and procurement program that allows eligible local governments to access cybersecurity-related information technology commodities and services through contracts managed by the Florida Digital Service, with a preference for fiscally constrained counties. The program also requires data-sharing agreements between the state and participating local governments to support threat detection, prevention, and incident response.

Local governments may either apply for grants or independently purchase cybersecurity services through state-negotiated contracts, though the local government remains responsible for any associated costs. The law further requires annual reporting to the Governor and Legislature on program participation, funding, and outcomes, ensuring oversight and transparency. The program is set to operate through 2031 unless reenacted. The act takes effect July 1, 2026.

This law applies to CDDs because CDDs are local governments for many operational purposes, including infrastructure, procurement, and administrative functions, and therefore fall within the category of eligible participants under the Local Government Cybersecurity Protection Program. CDDs would be able to access state-negotiated cybersecurity contracts and services through the Florida Digital Service to improve protection of district systems. Even if a CDD does not apply for a cybersecurity grant, it may still purchase cybersecurity commodities and services through the state contracts, which could help reduce costs and improve security standards. However, participation is optional rather than mandatory, and CDDs remain responsible for all costs associated with any purchases or services obtained under the program.

Chapter [TBD], Laws of Florida (SB 1180). This legislation makes several targeted but significant changes to the law governing CDDs under Chapter 190, Florida Statutes, with the most important impact being the creation of a formal recall process for elected board members. The bill’s primary feature is the creation of a new statutory section establishing a detailed procedure that allows qualified electors within a CDD to remove elected members of the board of supervisors through a recall process. The law limits recall to specific grounds such as malfeasance, misfeasance, neglect of duty, incompetence, drunkenness, permanent inability to perform duties, or conviction of certain felonies. It sets out a structured, multi-step process that begins with a petition signed by at least 10 percent of eligible voters, followed by verification of signatures, the preparation of a formal record of recall proceedings, and then a second petition requiring 15 percent of electors to trigger a recall referendum. If the referendum proceeds, a majority vote determines whether the board member is removed from office, and any resulting vacancy is filled according to existing statutory procedures. The legislation also imposes campaign finance requirements on recall efforts, establishes timelines, governs petition form and verification, allows limited

withdrawal of signatures, and creates penalties for fraud or misconduct in the petition process. In addition to the recall framework, the bill clarifies that CDD board members elected by residents are subject to recall, aligning CDD governance more closely with other forms of local government accountability. It also provides that individuals removed by recall, or who resign after a recall petition is filed, are ineligible for reappointment to the board for two years.

The legislation further revises the definition of “compact, urban, mixed-use district” under Section 190.003, Florida Statutes. The revised definition applies to districts consisting of a maximum of 75 acres located within a municipality and within either a qualified opportunity zone or a community redevelopment area. The amendment clarifies qualifying development thresholds by providing that such districts must include either at least 400,000 square feet of retail development and 500 residential units, or at least 250,000 square feet of commercial development and 500 affordable residential rental units for very-low-income, low-income, or moderate-income persons. This revision is significant for developers because it affects eligibility and structuring considerations for the creation of certain community development districts.

The legislation clarifies that restrictions on local regulation of synthetic turf do not prevent a CDD from enforcing private deed restrictions, preserving a CDD’s ability to uphold community standards through covenants. The act takes effect July 1, 2026.

This law applies directly to CDDs because it creates, for the first time, a formal statutory process that allows residents to recall elected members of a CDD board of supervisors. It introduces clear procedures, thresholds, and legal standards for removal, thereby increasing accountability of board members to district electors. The law also clarifies that CDDs may continue enforcing deed restrictions despite broader limits on local regulation of synthetic turf and updates certain statutory definitions affecting district formation and development. Overall, the most significant impact is the shift toward greater resident oversight and governance accountability within CDDs.

Chapter 2026-3, Laws of Florida (SB 290). This legislation revises multiple areas of state law, with a primary focus on agriculture, public safety, contractor regulation, and consumer protection. A significant component of the legislation strengthens contractor and vendor accountability by requiring contractors to pay subcontractors and suppliers within 45 days of receiving payment, or in accordance with contractual terms, and authorizing disciplinary action for noncompliance. Additionally, vendors that default on contracts, fail to pay subcontractors, or demonstrate repeated poor performance may be suspended or barred from public contracting for up to five years.

The bill further clarifies and reinforces how public entities may lawfully spend funds and administer contracts for public purposes. The legislation affirms that public funds may be used for core governmental infrastructure and improvements, such as public buildings, emergency shelters, affordable housing, and energy efficiency projects, thereby helping to define the scope of permissible capital projects and expenditures. At the same time, it places limitations on the use of public funds for certain privately owned facilities, reinforcing the principle that expenditures must primarily serve a valid public purpose rather than confer a disproportionate private benefit. The act takes effect July 1, 2026.

This law applies directly to CDDs because CDDs function as local units of special-purpose government that procure services, manage infrastructure, and enter into public contracts. Since a CDD regularly contracts for construction, maintenance, and infrastructure improvements, the new requirement that contractors timely pay subcontractors and suppliers directly affects how a CDD administers its contracts. In addition, the provisions allowing suspension or disqualification of nonperforming vendors from public contracting are relevant to CDD procurement practices, especially where the district adopts or mirrors state purchasing standards. CDDs routinely finance and construct infrastructure such as roadways, utilities, stormwater systems, and public facilities. Clarifications regarding allowable public expenditures, such as for government buildings, emergency shelters, and infrastructure, help define the scope of permissible CDD projects and may influence how CDDs’ structure future capital plans and bond-funded improvements.

Portions of the bill related to consumer protection and fraud prevention, including prohibitions on misrepresentation (such as impersonating officials), have indirect relevance. CDDs and District Management interact with residents, property owners, and contractors, so these provisions reinforce broader legal standards around transparency, proper representation, and avoidance of deceptive practices in district operations.

Chapter 2026-7, Laws of Florida (HB 399). This legislation is a comprehensive land use and development reform measure that primarily limits local government discretion in permitting, zoning, and development regulation while promoting consistency, affordability, and predictability in the development process. A central component of the legislation requires that application fees for development permits and orders imposed by counties and municipalities must be directly tied to the actual costs of reviewing and processing applications, must be publicly listed, and may not be based on construction value or project cost, thereby preventing fee structures that scale with development size rather than administrative expense. The act takes effect upon becoming law.
Even though CDDs do not exercise zoning or land use regulatory authority, the law applies to CDDs as infrastructure and service providers within the framework established by counties and municipalities. As a result, the bill’s restrictions on local governments, particularly those related to development permitting, zoning, and land development regulations, will shape the regulatory environment in which CDDs plan, finance, and construct infrastructure.

The provisions limiting development application fees to actual administrative costs may reduce overall project costs for developments within CDD boundaries, which can influence the scope and timing of infrastructure financed by the CDD, including roads, utilities, and stormwater systems. Similarly, the requirement for more objective and clearly defined compatibility standards, along with limits on discretionary denials, may create a more predictable entitlement process, allowing CDDs to better coordinate infrastructure planning with approved development timelines and reduce delays that can affect bond issuances or capital improvement programs.

Although Chapter 2026-7 does not directly regulate CDD powers or governance, it significantly affects the local government land use framework that CDDs rely on, thereby affecting development timing, infrastructure planning, financing, and overall project feasibility within district boundaries.

Chapter [TBD], Laws of Florida (HB 967). This legislation establishes a clear legislative intent that local governments must accept electronic forms of payment, including credit cards, debit cards, charge cards, and electronic funds transfers, and specifically requires units of local government to offer online payment options. This applies broadly to counties, municipalities, special districts, and other local government entities, as well as constitutional officers such as clerks of court and tax collectors, unless another form of payment is required by law.

The legislation also preserves existing authority allowing local governments to pass along processing fees to users who choose electronic payment methods and confirms that governments are not liable for verifying card validity or available funds when processing such transactions. Importantly, it mandates that if a local government accepts electronic payments, it must also maintain an online system for doing so, reinforcing a statewide push toward digital accessibility and standardized payment options.

This legislation requires CDDs that collect any type of payment, such as fees, user charges, amenity payments, permit-related charges, or other CDD revenues, to offer electronic payment options, including credit cards, debit cards, and electronic funds transfers. It also specifically requires that if a CDD accepts electronic payments at all, it must maintain a system for accepting those payments online, which may require updates to CDD websites, billing platforms, or third-party payment processors. The legislation also allows CDDs to continue passing through processing fees associated with electronic payments (such as credit card convenience fees), and it preserves their ability to require verification of payment validity and sufficient funds. However, it removes discretion in practice by making online payment capability a mandatory feature for any CDD that accepts electronic payments in any form.

For convenience, we have included copies of the legislation referenced in this memorandum. We request that you include this memorandum as part of the agenda packages for upcoming meetings of the governing boards of those special districts in which you serve as the District Manager and this firm serves as District Counsel. For purposes of the agenda package, it is not necessary to include the attached legislation, as we can provide copies to anyone requesting the same. Copies of the referenced legislation are also accessible by visiting this link: http://laws.flrules.org/.

NOTICE OF MEETING DATES METROPICA
COMMUNITY DEVELOPMENT DISTRICT

The Board of Supervisors of the Metropica Community Development District will hold their regularly scheduled public meetings for Fiscal Year 2027 at 11:00 a.m. at the offices of Metropica, at 1800 NW 136th Ave, Sunrise, Florida on the first Monday of each month as follows:

October 05, 2026
November 02, 2026
December 07, 2026
January 04, 2027
February 01, 2027
March 01, 2027
April 05, 2027
May 03, 2027
June 07, 2027
July 05, 2027 Exception
August 02, 2027
September 6, 2027 Exception

The meetings are open to the public and will be conducted in accordance with the provision of Florida Law for Community Development Districts. The meetings may be continued to a date, time, and place to be specified on the record at the meeting. A copy of the agenda for these meetings may be obtained from Governmental Management Services, LLC, 5385 North Nob Hill Road, Sunrise, Florida 33351, (954) 721-8681, or on the District’s website at https://www.metropicacdd.com/

There may be occasions when one or more Supervisors or staff will participate by telephone. Pursuant to provisions of the Americans with Disabilities Act, any person requiring special accommodations at this meeting because of a disability or physical impairment should contact the District Office at (904) 940-5850 at least three (3) business days prior to the meeting. If you are hearing or speech impaired, please contact the Florida Relay Service by dialing 7-1-1, or 1-800-955-8771 (TTY) / 1-800-955-8770 (Voice), for aid in contacting the District Office.

A person who decides to appeal any decision made at the meeting with respect to any matter considered at the meeting is advised that person will need a record of the proceedings and that accordingly, the person may need to ensure that a verbatim record of the proceedings is made, including the testimony and evidence upon which such appeal is to be based.

Juliana Duque Manager

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Sort by: PIO  Form Year  Filer Name v	Filing Requirement

PID	FORM
YEAR	NAME
A	ORGANJZATION(S)	FILING REQUIREMENT	FILING REQUIREMENT FULFILLED	FILINGS	

305532	
2025	
Michel Besso	
Metropica Community Development District - Board of Supervisors 0	
Form 1 with COE 0	
Form 1- 6/19/2026	
View f.Wng�	

305531	
2025	
Erick Collazo	
Metropica Community Development District - Board of Supervisors0	
Form 1 with COE0	0 Form 1 Not Filed	
llim
Filing§	

305534	
2025	
Diana Cordon	
Metropica Community Development District - Board of Supervisors0	
Form 1 with COE0	
Form 1- 6/19/2026	
View
filing:.	

305530	
2025	
Joseph
Kavana	
Metropica Community Development District - Board of Supervisors0	
Form 1 with COE0	0 Form 1 Not Filed	
llim
filing:;	

305543	
2025	
Bernard Werner	
Metropica Community Development District - Board of Supervisors0	
Form 1 with COE0	0 Form 1 Not Filed	
�
Filing�	

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Metropica
Community Development District

Funding Request #24
July 6, 2026

PAYEE	GENERAL FUND

1	Billing, Cochran, Lyles, Mauro & Ramsey, PA
Inv# 199004 - Attorneys Fees (May 26)	
$	3,481.00	
2	GMS-SF, LLC
Inv# 44 Management Fees & Expenses (Jun 26)	
$	3,378.10	
3	Thomas Engineering Group
Inv# 149670 - Engineering Services (May 26)	
$	562.50	
TOTAL	$	7,421.60	

Please make check payable to:		

Metropica Community Development District
5385 N Nob Hill Road Sunrise, FL 33351

Metropica
Community Development District

Unaudited Financial Reporting
May 31, 2026

Table of Contents

	Balance Sheet

	General Fund

	Month to Month

Combined Balance Sheet May 31, 2026

General
Fund

Debt Service
Fund

Capital Project
Fund

Totals
Governmental Funds

Assets:		
Cash:		
Operating Account	$	13,858	$		-	$	-	$	13,858	
Accounts Receivable	52,237				-		-	52,237	

Assessments Receivable	-	-	-	-	
Due from General Fund	-	-	-	-	
Due from Developer	-	-	-	-	
Investments:
State Board of Administration (SBA)	-	
-	
-	
-	

Series 2026 Bond			
-	
Reserve	-	54,030	-	54,030	
Capitalized Interest	-	85,599	-	85,599	
Revenue	-	10	-	10	
Interest	-	16	-	16	
Sinking Fund	-	-	-	-	
Prepayment	-	-	-	-	
Acquisition & Construction	-	-	2,839,267	2,839,267	
Cost of Issuance	-	-	59	59	

Series 2026 Bond Anticipation Note Reserve	

-	

945,700	

-	

945,700	
Capitalized Interest	-	950,954	-	950,954	
Revenue	-	181	-	181	
Interest	-	182	-	182	
Sinking Fund	-	-	-	-	
Prepayment	-	-	-	-	
Acquisition & Construction	-	-	9,627,377	9,627,377	
Cost of Issuance	-	-	352	352	
Deposits	-	-	-	-	
Total Assets	$	66,095	$	2,036,673	$	12,467,054	$	14,569,822	

Liabilities:
Accounts Payable	

$	52,973	

$	-	

$	-	

$	52,973	
Total Liabilites	$	52,973	$	-	$	-	$	52,973	
Fund Balance: Restricted for: Debt Service	

$	-	

$	2,036,673	

$	-	

$	2,036,673	
Capital Project			12,467,054	12,467,054	
Unassigned	13,121	-	-	13,121	
Total Fund Balances	$	13,121	$	2,036,673	$	12,467,054	$	14,516,849	
					
Total Liabilities & Fund Balance	$	66,095	$	2,036,673	$	12,467,054	$	14,569,822	

	Adopted	Prorated Budget	Actual		
	Budget	Thru 05/31/26	Thru 05/31/26	Variance	

Revenues:					
Developer Contributions/Assessments	$	107,843	$	64,586	$	64,586	$	-	
Total Revenues	$	107,843	$	64,586	$	64,586	$	-	

Expenditures:					
General & Administrative:					
Supervisor Fees	$	12,000	$	8,000	$	-	$	8,000	
PR-FICA	918	-	612	-	612	
Engineering	10,000	6,667	3,263	3,404	
Attorney	12,000	8,000	16,350	(8,350)	
Annual Audit	5,000	-	3,300	(3,300)	
Assessment Administration	5,000	-	-	-	
Arbitrage Rebate	550	-	-	-	
Dissemination Agent	5,000	-	-	-	
Trustee Fees	5,000	-	-	-	
Management Fees	37,000	24,667	24,667	0	
Website Maintenance	1,500	1,000	1,000	-	
Telephone	200	133	-	133	
Postage & Delivery	750	500	-	500	
Insurance General Liability	6,500	6,500	5,512	988	
Printing & Binding	1,000	667	-	667	
Legal Advertising	2,000	1,333	501	832	
Other Current Charges	750	500	1	499	
Dues, Licenses & Subscriptions	175	175	175	-	
Contingency	2,500	1,667	-	1,667	
Total General & Administrative	$	107,843	$	60,420	$	54,768	$	5,653	
					
Excess (Deficiency) of Revenues over Expenditures	$	-	$	4,166	$	9,819	$	5,653	
					
Net Change in Fund Balance	$	-	$	4,166	$	9,819	$	5,653	
					
Fund Balance - Beginning	$	-		$	3,303		
					
Fund Balance - Ending	$	-		$	13,121		

Proposed	Prorated Budget	Actual	
Budget	Thru 05/31/26	Thru 05/31/26	Variance	

Revenues:		
Special Assessments - Tax Roll Special Assessments - Direct Bill Interest Income	$	-
-
-	$	-	$	-
-	-
-	390	$	-
- 390	
Total Revenues	$	-	$	-	$	390	$	390	

Expenditures:					
Special Assessment Bonds
Interest - 11/1	

$	-	

$	

-	$	-	

$	-	
Interest - 5/1 Principal - 5/1	-
-		-	-
-	-	-
-	
Bond Anticipation Note
Interest - 11/1	

$	-	

$	

-	$	-	

$	-	
Interest - 5/1 Principal - 5/1	-
-		-	-
-	-	-
-	
Total Expenditures	$	-	$	-	$	-	$	-	
					
Excess (Deficiency) of Revenues over Expenditures	$	-	$	-	$	390	$	390	

Other Financing Sources/(Uses):					
Bond Proceeds	$	139,629	$	-	$	139,629	$	139,629	
Bond Anticipation Note Proceeds	1,896,654		-	1,896,654	1,896,654	
Transfer In/(Out)	-		-	-	-	
Total Other Financing Sources/(Uses)	$	2,036,283	$	-	$	2,036,283	$	2,036,283	
					
Net Change in Fund Balance	$	2,036,283	$	-	$	2,036,673	$	2,036,673	
					
Fund Balance - Beginning	$	-		$	-		
					
Fund Balance - Ending	$	2,036,283		$	2,036,673		

Adopted	Prorated Budget	Actual	
Budget	Thru 05/31/26	Thru 05/31/26	Variance	

Revenues		
Interest Income	$	-	$	-	$	2,497	$	2,497	
Total Revenues	$	-	$	-	$	2,497	$	2,497	

Expenditures:					
Special Assessment Bonds Capital Outlay	

$	

-	$	

-	$	-	

$	-	
Cost of Issuance		-	-	146,301	(146,301)	
Bond Anticipation Note Capital Outlay		

-	

-	1,374,569	

(1,374,569)	
Cost of Issuance		-	-	608,290	(608,290)	
Total Expenditures	$	-	$	-	$	2,129,160	$	-	
					
Excess (Deficiency) of Revenues over Expenditures	$	-	$	-	$	(2,126,663)	$	2,497	

Other Financing Sources/(Uses)					
Bond Proceeds	$	-	$	-	2,980,371	2,980,371	
Bond Anticipation Note Proceeds		-	-	11,613,346	11,613,346	
Transfer In/(Out)		-	-	-	-	
Total Other Financing Sources (Uses)	$	-	$	-	$	14,593,717	$	14,593,717	
					
Net Change in Fund Balance	$	-	$	12,467,054		
					
Fund Balance - Beginning	$	-	$	-		
					
Fund Balance - Ending	$	-	$	12,467,054		

Metropica
Community Development District Month to Month

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

Revenues:

Developer Contributions/Assessments	$	-		$	-	$	19,070	$	-		$	7,424	$	-		$	-	$	38,092	$	-		$	-		$	-		$	-	$	64,586	
Interest Income		-	-	-		-	-		-	-	-		-		-		-	-	-	

Total Revenues	$	-	$	-	$	19,070	$	-	$	7,424	$	-	$	-	$	38,092	$	-	$	-	$	-	$	-	$	64,586	

Expenditures:					
General & Administrative:					
Supervisor Fees	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	
PR-FICA	-	-	-	-	-	-	-	-	-	-	-	-	-	
Engineering	-	-	-	-	-	1,969	731	563	-	-	-	-	3,263	
Attorney	2,981	2,660	500	1,300	748	3,413	1,268	3,481	-	-	-	-	16,350	
Annual Audit	-	-	3,300	-	-	-	-	-	-	-	-	-	3,300	
Assessment Administration	-	-	-	-	-	-	-	-	-	-	-	-	-	
Arbitrage Rebate	-	-	-	-	-	-	-	-	-	-	-	-	-	
Dissemination Agent	-	-	-	-	-	-	-	-	-	-	-	-	-	
Trustee Fees	-	-	-	-	-	-	-	-	-	-	-	-	-	
Management Fees	3,083	3,083	3,083	3,083	3,083	3,083	3,083	3,083	-	-	-	-	24,667	
Information Technology	-	-	-	-	-	-	-	-	-	-	-	-	-	
Website Maintenance	125	125	125	125	125	125	125	125	-	-	-	-	1,000	
Telephone	-	-	-	-	-	-	-	-	-	-	-	-	-	
Postage & Delivery	-	-	-	-	-	-	-	-	-	-	-	-	-	
Insurance General Liability	5,512	-	-	-	-	-	-	-	-	-	-	-	5,512	
Printing & Binding	-	-	-	-	-	-	-	-	-	-	-	-	-	
Legal Advertising	-	501	-	-	-	-	-	-	-	-	-	-	501	
Other Current Charges	-	-	1	-	-	-	-	-	-	-	-	-	1	
Office Supplies	-	-	-	-	-	-	-	-	-	-	-	-	-	
Dues, Licenses & Subscriptions	175	-	-	-	-	-	-	-	-	-	-	-	175	
Total General & Administrative	$	11,877	$	6,370	$	7,009	$	4,508	$	3,956	$	8,590	$	5,207	$	7,252	$	-  $	-  $	-  $	-  $	54,768	
										
Total Expenditures	$	11,877	$	6,370	$	7,009	$	4,508	$	3,956	$	8,590	$	5,207	$	7,252	$	-  $	-  $	-  $	-  $	54,768	

Excess (Deficiency) of Revenues over Expenditures $	(11,877)  $	(6,370)  $	12,061  $	(4,508)  $	3,468  $	(8,590)  $	(5,207)  $	30,840  $	-  $	-  $	-  $	-  $	9,819