Randal Park Community Development District

Agenda May 16, 2025

Agenda

Randal Park
Community Development District
219 E. Livingston Street, Orlando, Florida 32801 Phone: 407-841-5524 – Fax: 407-839-1526
May 9, 2025

Board of Supervisors Randal Park Community Development District

Dear Board Members:

The Board of Supervisors of Randal Park Community Development District will meet Friday, May 16, 2025 at 9:30 AM at the Randal Park Clubhouse, 8730 Randal Park Blvd., Orlando, Florida 32832. Following is the advance agenda for the meeting:

Roll Call
Public Comment Period
Engineer’s Report
Approval of Minutes of the April 18, 2025 Board of Supervisors Meeting and Audit Committee Meeting
Consideration of Resolution 2025-04 Approving the Proposed Fiscal Year 2026 Budget and Setting a Public Hearing
Staff Reports
Attorney
District Manager’s Report
Approval of Check Register
Balance Sheet and Income Statement
Presentation of Series 2015 Arbitrage Rebate Calculation Report
Presentation of Number of Registered Voters – 1,619
Field Manager’s Report
Consideration of Landscape Maintenance Formal RFP Bid Packet
Amenity Report
Supervisor’s Requests
Other Business
Next Meeting Date – June 20, 2025
Adjournment

The balance of the agenda will be discussed at the meeting. In the meantime, if you have any questions, please contact me.

Sincerely,

Jason M. Showe District Manager

CC:	Jan Carpenter, District Counsel James Hoffman, District Engineer Marcia Calleja, Amenity Manager
Alexandra Penagos, Community Manager Darrin Mossing, GMS
Enclosures

Minutes

MINUTES OF MEETING RANDAL PARK
COMMUNITY DEVELOPMENT DISTRICT

The regular meeting of the Board of Supervisors of the Randal Park Community Development District was held Friday, April 18, 2025 at 9:30 a.m. at the Randal House Clubhouse, 8730 Randal Park Boulevard, Orlando, Florida.

Present and constituting a quorum were:

Stephany Cornelius	Chairperson
Katie Steuck by phone	Vice Chairperson
Sean Masherella	Assistant Secretary
Marcela Asquith	Assistant Secretary
Brandon Swendsen	Assistant Secretary Also present were:
Jason Showe	District Manager
Kristen Trucco by phone	District Counsel
James Hoffman by phone	District Engineer
Jarett Wright	Field Operations
Alexandra Panagos	CALM
Katie O’Rourke	GMS

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

SECOND ORDER OF BUSINESS	Public Comment Period
There being no comments, the next item followed.

THIRD ORDER OF BUSINESS	Engineer’s Report
Ms. Asquith stated a resident told me that some boards on the bridge are coming up. Mr. Wright stated I will go over right after the meeting.
Mr. Hoffman stated it wasn’t too long ago that we had a man out there to look at the structure and he recommended a few minor things to be addressed but the surface boards are

more of a maintenance issue.	We are happy to meet the GMS team out there and provide recommendations at the next meeting.
Mr. Hoffman left the telephone conference at this time.

FOURTH ORDER OF BUSINESS	Approval of the Minutes of the March 7,
2025 Meeting

On MOTION by Mr. Masherella seconded by Ms. Cornelius with all in favor the minutes of the March 7, 2025 meeting were approved as presented.

FIFTH ORDER OF BUSINESS	Discussion of Clubhouse as Poll Location
Mr. Showe stated we have a request from the City of Orlando to use this facility as a polling place in November this year and another date if needed for a runoff. The board has approved those requests in the past. We can have counsel draft an agreement with the city similar to what we have done in the past.

On MOTION by Ms. Cornelius seconded by Ms. Asquith with all in favor the request to use Randal House Clubhouse as a polling location was approved.

SIXTH ORDER OF BUSINESS	Review and Acceptance of Fiscal Year 2024
Audit Report
Mr. Showe stated the audit report was included in the agenda package and under the report to management there are no current year or prior year findings or recommendations. It is a clean audit.

On MOTION by Mr. Masherella seconded by Ms. Cornelius with all in favor the fiscal year 2024 audit was accepted and staff authorized to transmit the final report to the State of Florida.

SEVENTH ORDER OF BUSINESS	Appointment	of	Audit	Committee	and
Chairman

On MOTION by Ms. Cornelius seconded by Ms. Asquith with all in favor the board members were appointed to serve as the audit committee and Ms. Cornelius was appointed chair.

EIGHTH ORDER OF BUSINESS	Staff Reports
Attorney
There being no comments, the next item followed.

Manager
Approval of Check Registers

On MOTION by Ms. Cornelius seconded by Mr. Masherella with all in favor the check register was approved.

Balance Sheet and Income Statement
A copy of the balance sheet and income statement were included in the agenda package.

Field Manager’s Report
Mr. Wright gave an overview of the field manager’s report, copy of which was provided
in the agenda package.
Mr. Swendsen joined the meeting during this item.
Mr. Wright stated since we lost Lathan the quality has fallen off significantly and their contract is ending this year and it is time we did a formal bid. If they can turn it around you can choose to stay with Yellowstone and if not, we will have options.
Mr. Showe stated we will prepare an RFP and bring that to your next meeting for your review and have bids back in the July timeframe.

Consideration of Proposals for sod Replacement at Dog Park

On MOTION by Mr. Masherella seconded by Ms. Cornelius with all in favor the proposal from Blade Runners in the amount of
$6,375 was approved.

Amenity Report
Ms. Panagos gave an overview of the amenity manager’s report, copy of which was
included in the agenda package.

Consideration of Proposal for Installation of Surge Protector from
Terry’s Electric

On MOTION by Ms. Cornelius seconded by Ms. Asquith with all in favor the proposal from Terry’s Electric in the amount of $2,868 was approved.

NINTH ORDER OF BUSINESS	Supervisor’s Requests
Ms. Asquith stated residents were asking again about benches around the pond. I don’t
know where we ended up with that.
Mr. Wright stated the expense with the bench with the Trek product that lasts and a concrete pad is about $2,000 each. I have ordered replacement boards for existing benches and they will be replaced as soon as they arrive.

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

ELEVENTH ORDER OF BUSINESS	Next Meeting Date -May 16, 2025
Mr. Showe stated the next meeting is scheduled for May 16, 2025 at which time we will present the proposed budget. If there is anything specific you would like to add just let me know.

TWELFTH ORDER OF BUSINESS	Adjournment

On MOTION by Ms. Cornelius seconded by Ms. Asquith with all in favor the meeting adjourned at 9:55 a.m.

Secretary/Assistant Secretary	Chairman/Vice Chairman

MINUTES OF MEETING RANDAL PARK
COMMUNITY DEVELOPMENT DISTRICT

The Audit Committee meeting of the Board of Supervisors of the Randal Park Community Development District was held on Friday, April 18, 2025 at 9:55 a.m. at the Randal House Clubhouse, 8730 Randal Park Boulevard, Orlando, Florida.

Present were:

Stephany Cornelius	Chairperson
Katie Steuck by phone	Vice Chairperson
Sean Masherella	Assistant Secretary
Marcela Asquith	Assistant Secretary
Brandon Swendsen	Assistant Secretary

Also present were:

Jason Showe	District Manager
Kristen Trucco by phone	District Counsel
Jarett Wright	Field Operations
Alexandra Panagos	CALM
Katie O’Rourke	GMS

FIRST ORDER OF BUSINESS	Roll Call
Mr. Showe called the audit committee meeting to order and called the roll.

SECOND ORDER OF BUSINESS	Public Comment Period
There being no comments, the next item followed.

THIRD ORDER OF BUSINESS	Audit Services
Approval of Request for Proposals and Selection Criteria

On MOTION by Ms. Cornelius seconded by Mr. Masherella with all in favor the evaluation criteria to include price was approved.

Approval of Notice of Request for Proposals for Audit Services

April 18, 2025	Randal Park CDD

On MOTION by Ms. Cornelius seconded by Ms. Asquith with all in favor the notice of the request for proposals for audit services was approved.

C	Public Announcement of Opportunity to Provide Audit Services
Mr. Showe announced the opportunity to provide audit services to the Randal Park CDD.

FOURTH ORDER OF BUSINESS	Adjournment

On MOTION by Ms. Cornelius seconded by Ms. Asquith with all in favor the audit committee meeting adjourned at 9:57 a.m.

Secretary/Assistant Secretary	Chairman/Vice Chairman

2

Section V

RESOLUTION 2025-04
A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE RANDAL PARK COMMUNITY DEVELOPMENT DISTRICT APPROVING A PROPOSED BUDGET FOR FISCAL YEAR 2025/2026 AND SETTING A PUBLIC HEARING THEREON PURSUANT TO FLORIDA LAW; ADDRESSING TRANSMITTAL, POSTING AND PUBLICATION REQUIREMENTS; ADDRESSING SEVERABILITY; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the District Manager has heretofore prepared and submitted to the Board of Supervisors (“Board”) of the Randal Park Community Development District (“District”) prior to June 15, 2025, a proposed budget (“Proposed Budget”) for the fiscal year beginning October 1, 2025, and ending September 30, 2026 (“Fiscal Year 2025/2026”); and

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

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE RANDAL PARK COMMUNITY DEVELOPMENT DISTRICT:
PROPOSED BUDGET APPROVED. The Proposed Budget prepared by the District Manager for Fiscal Year 2025/2026 attached hereto as Exhibit A is hereby approved as the basis for conducting a public hearing to adopt said Proposed Budget.
SETTING A PUBLIC HEARING. A public hearing on said approved Proposed Budget is hereby declared and set for the following date, hour and location:

DATE:	August 15, 2025
HOUR:	9:30 a.m.
LOCATION:	Randal House Clubhouse
8730 Randal Park Blvd. Orlando, FL 32832
TRANSMITTAL  OF  PROPOSED  BUDGET  TO  LOCAL  GENERAL
PURPOSE GOVERNMENT. The District Manager is hereby directed to submit a copy of the Proposed Budget to Orange County and City of Orlando at least 60 days prior to the hearing set above.
POSTING OF PROPOSED BUDGET. In accordance with Section 189.016, Florida Statutes, the District’s Secretary is further directed to post the approved Proposed Budget on the District’s website at least two days before the budget hearing date as set forth in Section 2, and shall remain on the website for at least 45 days.

PUBLICATION OF NOTICE. Notice of this public hearing shall be published in the manner prescribed in Florida law.

SEVERABILITY. The invalidity or unenforceability of any one or more provisions of this Resolution shall not affect the validity or enforceability of the remaining portions of this Resolution, or any part thereof.
EFFECTIVE DATE. This Resolution shall take effect immediately upon adoption.
PASSED AND ADOPTED THIS 16th DAY OF MAY, 2025.
ATTEST:	RANDAL PARK COMMUNITY DEVELOPMENT DISTRICT

By:	

Secretary/Assistant Secretary	Its:	

Exhibit A:	FY 2025/2026 Proposed Budget

Exhibit A

Randal Park
Community Development District

Proposed Budget
FY 2026

Randal Park
Assessments Schedule - FY2025 Table of Contents

1-2

3-10

11

12

13

14

15

16

17

18-19

	General Fund

	General Fund Narrative

	Capital Reserve Fund

	Series 2012 Debt Service Fund

	Series 2012 Amortization Schedule

	Series 2015 Debt Service Fund

	Series 2015 Amortization Schedule

	Series 2018 Debt Service Fund

	Series 2018 Amortization Schedule

	General Fund Assessment Calculation

20		Assessments Schedule

Description	Adopted FY2025
Budget	Actual Thru 4/30/25	Projected Next 5 Months	Projected Thru 9/30/25	Proposed FY2026
Budget	

Revenues						
Special Assessments	$	1,151,680	$	1,082,316	$	69,364	$	1,151,680	$	1,151,680	
Colonial Properties Contribution	$	55,607	$	33,043	$	24,250	$	57,293	$	57,051	
Interest Income	$	-	$	2,714	$	5,428	$	3,845	$	1,922	
Miscellaneous Revenue	$	1,000	$	1,760	$	1,257	$	3,017	$	1,000	
Activities	$	5,000	$	2,520	$	250	$	2,770	$	5,000	
Rentals	$	9,000	$	11,010	$	7,864	$	18,874	$	9,000	
Carry Forward Surplus	$	-	$	665,210	$	-	$	665,210	$	42,227	
Total Revenues	$ 1,222,287	$ 1,798,573	$	108,413	$ 1,902,689	$ 1,267,881	

Expenditures						
Administrative
Supervisor Fees	
$	12,000	
$	6,400	
$	5,000	
$	11,400	
$	12,000	
FICA Expense	$	918	$	490	$	383	$	872	$	918	
Annual Audit	$	4,600	$	4,700	$	-	$	4,700	$	4,700	
Trustee Fees	$	12,500	$	9,833	$	2,667	$	12,500	$	13,750	
Dissemination Agent	$	11,025	$	6,431	$	2,680	$	9,111	$	11,356	
Arbitrage	$	1,800	$	600	$	1,200	$	1,800	$	1,800	
Engineering	$	10,000	$	120	$	4,167	$	4,287	$	10,000	
Attorney	$	20,000	$	8,035	$	4,000	$	12,035	$	20,000	
Assessment Administration	$	5,565	$	5,565	$	-	$	5,565	$	5,732	
Management Fees	$	50,004	$	29,169	$	20,835	$	50,004	$	51,504	
Information Technology	$	2,004	$	1,169	$	835	$	2,004	$	2,064	
Website Maintenance	$	1,336	$	779	$	557	$	1,336	$	1,376	
Telephone	$	100	$	-	$	42	$	42	$	100	
Postage	$	1,000	$	578	$	422	$	1,000	$	1,000	
Insurance	$	8,094	$	8,688	$	-	$	8,688	$	10,207	
Printing & Binding	$	1,500	$	191	$	137	$	328	$	1,500	
Legal Advertising	$	2,250	$	739	$	1,300	$	2,039	$	2,250	
Other Current Charges	$	1,500	$	284	$	275	$	559	$	1,500	
Office Supplies	$	200	$	4	$	25	$	29	$	200	
Property Appraiser	$	800	$	-	$	-	$	-	$	800	
Property Taxes	$	300	$	325	$	-	$	325	$	300	
Dues, Licenses & Subscriptions	$	175	$	175	$	-	$	175	$	175	
Total Administrative	$	147,671	$	84,276	$	44,522	$	128,799	$	153,232	

Maintenance						
Contract Services:
Field Management	
$	20,933	
$	12,211	
$	8,722	
$	20,933	
$	21,561	
Mitigation Monitoring	$	19,200	$	9,600	$	9,600	$	19,200	$	19,200	
Landscape Maintenance	$	330,404	$	189,065	$	135,046	$	324,111	$	346,924	
Lake Maintenance	$	11,640	$	5,658	$	5,658	$	11,316	$	11,882	
Security Patrol	$	41,250	$	20,380	$	20,000	$	40,380	$	41,250	
Repairs & Maintenance
Facility Maintenance	
$	34,031	
$	19,851	
$	14,180	
$	34,031	
$	35,052	
Repairs & Maintenance	$	30,000	$	11,330	$	18,670	$	30,000	$	30,000	
Operating Supplies	$	9,800	$	4,693	$	3,000	$	7,693	$	8,000	
Landscape Replacement	$	15,000	$	17,527	$	-	$	17,527	$	25,000	
Irrigation Repairs	$	10,000	$	4,044	$	5,956	$	10,000	$	10,000	
Fountain Repairs	$	3,000	$	370	$	2,630	$	3,000	$	3,000	
Pressure Washing	$	9,000	$	9,000	$	-	$	9,000	$	9,000	
Subtotal Maintenance	$	534,259	$	303,731	$	223,462	$	527,192	$	560,869	

Description

Adopted FY2025
Budget

Actual Thru 4/30/25

Projected Next 5 Months

Projected Thru 9/30/25

Proposed FY2026
Budget

Utilities
Utilities - Common Area	
$	33,000	
$	13,895	
$	12,500	
$	26,395	
$	29,034	
Streetlighting	$	121,000	$	60,284	$	43,250	$	103,534	$	110,000	

Amenity Center
Amenity Management	

$	100,930	

$	58,876	

$	42,054	

$	100,930	

$	106,986	
Pool Attendants	$	15,500	$	2,055	$	13,445	$	15,500	$	16,740	
Pool Permit	$	550	$	615	$	-	$	615	$	615	
Cable TV/Internet/Telephone	$	4,857	$	2,230	$	1,750	$	3,980	$	4,857	
Utilities - Amenity Center	$	25,641	$	10,149	$	9,500	$	19,649	$	28,205	
Refuse Service	$	3,168	$	1,652	$	1,200	$	2,852	$	3,168	
Amenity Center Access Cards	$	1,000	$	-	$	1,000	$	1,000	$	1,000	
HVAC Maintenance	$	574	$	223	$	351	$	574	$	574	
Special Events	$	15,000	$	14,034	$	966	$	15,000	$	15,000	
Holiday Decorations	$	9,500	$	9,931	$	-	$	9,931	$	10,000	
Security Monitoring	$	2,345	$	1,463	$	1,045	$	2,507	$	2,600	
Janitorial Services	$	26,250	$	16,107	$	12,500	$	28,607	$	30,037	
Pool Maintenance	$	30,240	$	15,750	$	12,450	$	28,200	$	32,130	
Pool Chemicals & Repairs	$	19,450	$	28,352	$	20,000	$	48,352	$	50,000	
Amenity Repairs & Maintenance	$	5,000	$	5,926	$	3,500	$	9,426	$	9,500	
Pest Control	$	11,500	$	2,256	$	302	$	2,558	$	3,500	

Other
Property Insurance	

$	55,019	

$	45,279	

$	-	

$	45,279	

$	50,000	
Contingency	$	34,032	$	612	$	14,180	$	14,792	$	24,032	
Transfer Out - Capital Reserve	$	25,802	$	25,802	$	-	$	25,802	$	25,802	
Subtotal Maintenance	$	540,358	$	315,491	$	189,993	$	505,484	$	553,779	
						
Total Expenditures	$ 1,222,287	$	703,498	$	457,977	$ 1,161,474	$ 1,267,881	
						
Excess Revenues/(Expenditures)	$	-	$ 1,095,076	$	(349,564)	$	741,215	$	-	

Net Assessments	
Adopted Budget
	FY2023	
$	963,338	
Adopted Budget
	FY2024	
$	1,151,680	
Adopted Budget
	FY2025	
$	1,151,680	
Proposed Budget
	FY2026	
$	1,151,680	
Proposed FY26 Increase/
  (Decrease) 
$	-	
Add: Discounts & Collections 6%	 $	61,490	$	73,511 	 $	73,511 	 $	73,511 	 $	-		
Gross Assessments	 $	1,024,828 	 $	1,225,191 	 $	1,225,191 	 $	1,225,191 	 $	-		
Assessable Units	904	904	904	904		
Per Unit Assessment - Phases 1 - 5	$	1,191.80	$	1,431.80	$	1,431.80	$	1,431.80	$	-	
Per Unit Assessment - Randal Walk	$	700.60	$	785.47	$	785.47	$	785.47	$	-	
Notes:
(1 thru 6) is shared costs with Colonial Properties						

Total Proposed
FY2026 Budget	Shared
Costs	Colonial Properties
Allocation	
$	21,561	$	10,780	$	5,390	
$	346,924	$	89,625	$	44,813	
$	11,882	$	1,474	$	737	
$	10,000	$	2,000	$	1,000	
$	29,034	$	3,052	$	1,526	
$	110,000	$	7,170	$	3,585	
Totals:	$	114,102	$	57,051	

Field Management & Maintenance
Landscape Maintenance
Lake Maintenance
Irrigation Repairs
Utilities
Streetlighting

REVENUES:
Special Assessments

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

Colonial Properties Contribution

Per the cost share arrangement, this amount reflects 50% of the estimated maintenance cost for Dowden Rd and the offsite portion of Randal Park Blvd.
Miscellaneous Revenue

Represents estimated income the District may receive that is not accounted for in other categories.

Activities

Represents fees collected by onsite management company related to various activities operated by the District.

Rentals

The District allows members of the public to rent the Clubhouse for various functions such as birthday parties, anniversaries, weddings, etc.

EXPENDITURES:
Administrative:

Supervisor Fees

The Florida Statutes allows each supervisor to be paid $200 per meeting for the time devoted to District business and board meetings, not to exceed $4,800 per year. The amount is based upon five supervisors attending 12 monthly meetings.

FICA Expense

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

Annual Audit

The District is required by Florida Statutes to arrange for an independent audit of its financial records by an Independent Certified Public Accounting Firm. The District’s auditing firm is Grau & Associates.

Trustee Fees

The District issued Series 2012, Series 2015 and Series 2018 Special Assessment Bonds that are deposited with a Trustee at Wells Fargo Bank.

Dissemination Agent

The District is required by the Security and Exchange Commission to comply with Rule 15c2-12(b) (5) which relates to additional reporting requirements for unrated bond issues. The District has contracted with Governmental Management Services – Central Florida, LLC to provide this service.

Arbitrage

The District has contracted with Grau & Associates to calculate the District’s annual Arbitrage Rebate Liability on the Series 2012, Series 2015 and Series 2018 Special Assessment Bonds.

Engineering

The District's engineer provides general engineering services to the District, e.g. attendance and preparation for monthly board meetings, review invoices, etc. The District has contracted with Vanasse Hangen Brustlin, Inc.

Attorney

The District's legal counsel provides general legal services to the District, e.g. attendance and preparation for monthly meetings, preparation and review of agreements, resolutions, etc. The District has contracted with Latham, Shuker, Eden & Beaudine, LLP.

Assessment Administration

The District has contracted with Governmental Management Services-Central Florida, LLC, to levy and administer the collection of a non-ad valorem assessment on all assessable property within the District.

Management Fees

The District has contracted with Governmental Management Services – Central Florida, LLC to provide Management, Accounting and Recording Secretary Services for the District. The services include, but not limited to, recording and transcription of board meetings, administrative services, budget preparation, all financial reporting, annual audits, etc.

Information Technology

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

Website Maintenance

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

Telephone

Telephone and fax machine.

Postage

Mailing of Board Meeting agenda packages, overnight deliveries, checks for vendors, and any other required correspondence.

Insurance

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

Printing & Binding

Printing and Binding agenda packages for board meetings, printing of computerized checks, stationary, envelopes etc.

Legal Advertising

Advertising of monthly board meetings, public hearings, and any services that are required to be advertised for public bidding, i.e. audit services, engineering service, maintenance contracts and any other advertising that may be required.

Other Current Charges

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

Office Supplies

The District incurs charges for supplies that need to be purchased during the fiscal year, including copier and printer toner cartridges, paper, file folders, binders, pens, paper clips, and other such office supplies.

Property Appraiser

Represents the fees to be paid to the Orange County Property Appraiser for annual assessment roll administration.

Property Taxes

Represents the non-ad valorem assessment from Orange County that will be charged to the District.

Dues, Licenses & Subscriptions

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

Maintenance:

Contract Services:

Field Management

The District has contracted with Governmental Management Services – Central Florida, LLC to provide onsite 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.

Mitigation Monitoring

The District will be required to maintain and monitor the 298 acres of Jurisdictional Wetlands, Wetland Buffers, and Wetland Mitigation throughout the District. The amounts are based upon quarterly services.

Landscape Maintenance

The District has contracted with Yellowstone Landscape – Southeast, LLC to maintain the landscaping within the common areas of the District after installation of landscape material has been completed. The services include mowing, edging, trimming, weed and disease control, fertilization, pest control, pruning, weeding, mulching, irrigation inspections and litter removal.

Description	Monthly	Annually	
Landscape Maintenance	$28,910
TOTAL	$346,924	
	$346,924	

Lake Maintenance

The District has stormwater management facilities designed to conform to the City of Orlando and South Florida Water Management District (SFWMD) criteria for pre-development versus post-development allowable discharge criteria and water quality treatment. The District has contracted with Applied Aquatic Management Inc. to maintain the lakes throughout the community that provide stormwater management.

Description	Monthly	Annually	
Lake Maintenance	$990
Total	$11,882	
	$11,882	

Security Patrol

The District has contracted with the Orlando Police Department to provide security services throughout the fiscal year.

Repairs & Maintenance:

Facility Maintenance

The District has contracted with Governmental Management Services – Central Florida, LLC to provide routine repairs and maintenance on the District’s common areas and amenities.

Repairs & Maintenance

Represents estimated cost for repairs and maintenance of various facilities throughout the District.

Operating Supplies

Estimated cost of supplies purchased for operating and maintaining the clubhouse.

Landscape Replacement

Estimated cost related to the replacement of turf, trees, shrubs, etc.

Irrigation Repairs

To record expenses for repairs to the irrigation system.

Fountain Repairs

To record expenses for repairs and maintenance to the floating fountain at the Randal Park Clubhouse.

Pressure Washing

To record expenses related to the pressure washing of various areas of the District including the clubhouse, pool deck, curbs and sidewalks.

Utilities:

Utilities – Common Area

Represents the estimated cost for electric and reclaimed water utilities of the common areas within the District. The Orlando Utilities Commission provides these services.

Streetlighting

Orlando Utilities Commission provides for the streetlights within the community.

Amenity Center:

Amenity Management

The District has contracted with Governmental Management Services – Central Florida, LLC to staff the Amenity Center, oversee maintenance contracts related to the Amenity Center, conduct various special events throughout the year, administer rental program, respond to resident request, etc.

Pool Attendants

Represents the estimated cost to have pool attendants during certain times throughout the operating season for the pool.

Pool Permit

Estimated cost for required pool permit.

Cable TV/Internet/Telephone

The District has cable television, cable, internet service, and music services at the Amenity Center.

Description	Monthly	Annually	
Cable TV/Internet/Telephone			
Spectrum	$328	$3,934	
Music Services		$375	
Contingency		$548	
TOTAL		$4,857	

Utilities – Amenity Center

This represents the estimated cost for electric and reclaimed water utilities of the Amenity Center. The Orlando Utilities Commission provides these services.

Refuse Service

Estimated cost for trash removal service located at the Amenity Center. The Orlando Utilities Commission provides this service.

Description	Monthly	Annually	
Refuse Services	$264
TOTAL	$3,168	
	$3,168	

Amenity Center Access Cards

Represents the estimated cost for providing and maintaining access card system.

HVAC Maintenance

The District will have preventative maintenance performed on the HVAC system.

Special Events

The Leisure Activities Coordinator will coordinate and provide various activities throughout the year. The amount represents the cost of supplies, notice of events, etc.

Holiday Decorations

The District will incur costs to related to the decoration of common areas during the Holidays.

Security Monitoring

The District incurs charges for the monitoring of the Amenity Center security system.

Description	Monthly	Annually	
Synergy Wi-Pak
TOTAL	$45
$172	$538
$2,062	
		$2,600	

Janitorial Services

The District has contracted with Rugby Commercial Cleaning, Inc. to provide janitorial services and supplies for the Amenity Center. The amount is based upon 5 days per week throughout the fiscal year. Cintas also provides cleaning services for the District’s amenity bathroom mats.

Description	Monthly	Annually	
B&T Building Services	$1,715	$20,583	
Cintas - Mat Cleanings		$2,722	
Janitorial Supplies/Materials		$6,732	
TOTAL		$30,037	

Pool Maintenance

The District will contract with respective companies for pool maintenance services.

Description	Monthly	Annually	
Pool Maintenance			
3x a Week Cleaning (Oct-May , Sep)	$2,363	$21,263	
5x a Week Cleaning (Jul - Aug)	$2,993	$8,978	
Contingency		$1,890	
TOTAL		$32,130	

Pool Chemicals & Repairs

Estimated miscellaneous pool maintenance and chemical costs not included under the agreements with Spies Pools.

Fitness Repairs & Maintenance

Represents costs related to repairing and maintaining the fitness equipment owned by the District.

Amenity Repairs & Maintenance

Represents estimated cost for repairs and maintenance of the amenity center.

Pest Control

The District has contracted with Arrow Environmental for monthly treatment at the Amenity Center. This also includes costs relating to termite control and animal trapping.

Description	Annually	
Pest Control	$912	
Termite Bond	$588	
Animal Trapping/Vulture Taking	$2,000	
TOTAL	$3,500	

Other:

Property Insurance

Represents the estimated cost for property insurance of the Amenity Center to be conveyed to the District. Property Insurance is provided by Florida Insurance Alliance.

Contingency

Represents unforeseen cost not budgeted in other line items.

Transfer Out - Capital Reserve

The District will fund an annual amount for future cost related to replacement and repair of capital assets of the District. Upon completion, the District may have a Capital Reserve study prepared to ensure annually funding

Description	Adopted FY2025
Budget	Actual Thru 4/30/25	Projected Next 5 Months	Projected Thru 9/30/25	Proposed FY2026
Budget	

Revenues						
Transfer In	$	25,802	$	25,802	$	-	$	25,802	$	25,802	
Interest	$	8,614	$	10,720	$	7,657	$	18,377	$	9,189	
Carry Forward Surplus	$	328,863	$	363,696	$	-	$	363,696	$	407,875	
Total Revenues	$  363,279	$  400,218	$	7,657	$  407,875	$  442,865	

Expenditures						

Capital Outlay	
$	25,000	
$	-	$	-	$	-	$	25,000	
Pool Resurfacing	$	-	$	-	$	-	$	-	$	28,500	
Total Expenditures	$	25,000	$	-	$	-	$	-	$	53,500	
		$	-	
Excess Revenue/(Expenditures)	$  338,279	$  400,218	$	7,657	$  407,875	$  389,365	

Description

Adopted FY2025
Budget

Actual Thru 4/30/25

Projected Next 5 Months

Projected Thru 9/30/25

Proposed FY2026
Budget

Revenues		
Assessments	$	396,407	$	371,538	$	24,869	$	396,407	$	396,407	
Interest	$	20,042	$	20,288	$	14,492	$	34,780	$	17,390	
Carry Forward Surplus	$	491,322	$	525,282	$	-	$	525,282	$	539,113	
Total Revenues	$  907,772	$  917,109	$	39,361	$  956,470	$  952,911	

Expenditures						
Interest Payment - 11/01	$	138,016	$	138,169	$	-	$	138,169	$	134,188	
Principal Payment - 11/01	$	125,000	$	135,000	$	-	$	135,000	$	125,000	
Principal Payment - 2/01	$	-	$	10,000	$	-	$	10,000	$	-	
Interest Payment - 05/01	$	134,188	$	-	$	134,188	$	134,188	$	130,359	
Total Expenditures	$  397,203	$  283,169	$  134,188	$  417,356	$  389,547	
						
Excess Revenue/(Expenditures)	$  510,569	$  633,940	$	(94,827)	$  539,113	$  563,364	

Interest Payment 11/1/26 $	130,359
Principal Payment 11/1/26  $	135,000 
 $	265,359 

Proposed Budget
	FY2026	
Net Assessments	$	396,407

Add: Discounts & Collections 6%
Gross Assessments

 $	25,303 
 $	421,710 

Randal Park
Community Development District Assessments Schedule - FY2026 Amortization Schedule

DATE		BALANCE		PRINCIPAL		INTEREST		TOTAL	
									
11/01/25	$	4,040,000.00	$	125,000.00	$	134,187.50	$	393,375.00	
05/01/26	$	3,915,000.00	$	-	$	130,359.38	$	-	
11/01/26	$	3,915,000.00	$	135,000.00	$	130,359.38	$	395,718.75	
05/01/27	$	3,780,000.00	$	-	$	126,225.00	$	-	
11/01/27	$	3,780,000.00	$	140,000.00	$	126,225.00	$	392,450.00	
05/01/28	$	3,640,000.00	$	-	$	121,937.50	$	-	
11/01/28	$	3,640,000.00	$	150,000.00	$	121,937.50	$	393,875.00	
05/01/29	$	3,490,000.00	$	-	$	117,343.75	$	-	
11/01/29	$	3,490,000.00	$	160,000.00	$	117,343.75	$	394,687.50	
05/01/30	$	3,330,000.00	$	-	$	112,443.75	$	-	
11/01/30	$	3,330,000.00	$	170,000.00	$	112,443.75	$	394,887.50	
05/01/31	$	3,160,000.00	$	-	$	107,237.50	$	-	
11/01/31	$	3,160,000.00	$	180,000.00	$	107,237.50	$	394,475.00	
05/01/32	$	2,980,000.00	$	-	$	101,725.00	$	-	
11/01/32	$	2,980,000.00	$	190,000.00	$	101,725.00	$	393,450.00	
05/01/33	$	2,790,000.00	$	-	$	95,906.25	$	-	
11/01/33	$	2,790,000.00	$	205,000.00	$	95,906.25	$	396,812.50	
05/01/34	$	2,585,000.00	$	-	$	88,859.38	$	-	
11/01/34	$	2,585,000.00	$	215,000.00	$	88,859.38	$	392,718.75	
05/01/35	$	2,370,000.00	$	-	$	81,468.75	$	-	
11/01/35	$	2,370,000.00	$	230,000.00	$	81,468.75	$	392,937.50	
05/01/36	$	2,140,000.00	$	-	$	73,562.50	$	-	
11/01/36	$	2,140,000.00	$	250,000.00	$	73,562.50	$	397,125.00	
05/01/37	$	1,890,000.00	$	-	$	64,968.75	$	-	
11/01/37	$	1,890,000.00	$	265,000.00	$	64,968.75	$	394,937.50	
05/01/38	$	1,625,000.00	$	-	$	55,859.38	$	-	
11/01/38	$	1,625,000.00	$	285,000.00	$	55,859.38	$	396,718.75	
05/01/39	$	1,340,000.00	$	-	$	46,062.50	$	-	
11/01/39	$	1,340,000.00	$	300,000.00	$	46,062.50	$	392,125.00	
05/01/40	$	1,040,000.00	$	-	$	35,750.00	$	-	
11/01/40	$	1,040,000.00	$	325,000.00	$	35,750.00	$	396,500.00	
05/01/41	$	715,000.00	$	-	$	24,578.13	$	-	
11/01/41	$	715,000.00	$	345,000.00	$	24,578.13	$	394,156.25	
05/01/42	$	370,000.00	$	-	$	12,718.75	$	-	
11/01/42	$	370,000.00	$	370,000.00	$	12,718.75	$	395,437.50	
			$	4,165,000.00	$	3,479,956.25	$	7,759,956.25	

Randal Park
Community Development District Proposed Budget
Debt Service - Series 2015

Description

Adopted FY2025
Budget

Actual Thru 4/30/25

Projected Next 5 Months

Projected Thru 9/30/25

Proposed FY2026
Budget

Revenues		
Assessments	$	589,600	$	553,874	$	35,727	$	589,600	$	589,600	
Interest	$	27,333	$	27,812	$	19,865	$	47,677	$	23,839	
Carry Forward Surplus	$	641,940	$	680,147	$	-	$	680,147	$	736,385	
Total Revenues	$	1,258,873	$	1,261,832	$	55,592	$	1,317,424	$ 1,349,824	

Expenditures						
Interest Payment - 11/01	$	195,068	$	200,009	$	-	$	200,009	$	191,030	
Principal Payment - 11/01	$	185,000	$	190,000	$	-	$	190,000	$	200,000	
Interest Payment - 05/01	$	191,030	$	-	$	191,030	$	191,030	$	186,780	
Total Expenditures	$	571,098	$	390,009	$  191,030	$	581,039	$  577,810	
						
Excess Revenue/(Expenditures)	$	687,776	$	871,823	$ (135,438)	$	736,385	$  772,014	

Interest Payment 11/1/26  $	186,780
Principal Payment 11/1/26  $	220,000 
 $	406,780 

Proposed Budget
	FY2026	
Net Assessments	$	589,600

Add: Discounts & Collections 6%
Gross Assessments

 $	37,634 
 $	627,234 

Randal Park
Community Development District Assessments Schedule - FY2026 Amortization Schedule

DATE		BALANCE		PRINCIPAL		INTEREST		TOTAL	
									
11/01/25	$	7,490,000.00	$	200,000.00	$	191,030.00	$	582,060.00	
05/01/26	$	7,290,000.00	$	-	$	186,780.00	$	-	
11/01/26	$	7,290,000.00	$	220,000.00	$	186,780.00	$	593,560.00	
05/01/27	$	7,070,000.00	$	-	$	181,280.00	$	-	
11/01/27	$	7,070,000.00	$	230,000.00	$	181,280.00	$	592,560.00	
05/01/28	$	6,840,000.00	$	-	$	175,530.00	$	-	
11/01/28	$	6,840,000.00	$	240,000.00	$	175,530.00	$	591,060.00	
05/01/29	$	6,600,000.00	$	-	$	169,530.00	$	-	
11/01/29	$	6,600,000.00	$	255,000.00	$	169,530.00	$	594,060.00	
05/01/30	$	6,345,000.00	$	-	$	163,155.00	$	-	
11/01/30	$	6,345,000.00	$	265,000.00	$	163,155.00	$	591,310.00	
05/01/31	$	6,080,000.00	$	-	$	156,530.00	$	-	
11/01/31	$	6,080,000.00	$	280,000.00	$	156,530.00	$	593,060.00	
05/01/32	$	5,800,000.00	$	-	$	149,530.00	$	-	
11/01/32	$	5,800,000.00	$	295,000.00	$	149,530.00	$	594,060.00	
05/01/33	$	5,505,000.00	$	-	$	142,155.00	$	-	
11/01/33	$	5,505,000.00	$	310,000.00	$	142,155.00	$	594,310.00	
05/01/34	$	5,195,000.00	$	-	$	134,405.00	$	-	
11/01/34	$	5,195,000.00	$	325,000.00	$	134,405.00	$	593,810.00	
05/01/35	$	4,870,000.00	$	-	$	126,280.00	$	-	
11/01/35	$	4,870,000.00	$	340,000.00	$	126,280.00	$	592,560.00	
05/01/36	$	4,530,000.00	$	-	$	117,780.00	$	-	
11/01/36	$	4,530,000.00	$	355,000.00	$	117,780.00	$	590,560.00	
05/01/37	$	4,175,000.00	$	-	$	108,550.00	$	-	
11/01/37	$	4,175,000.00	$	375,000.00	$	108,550.00	$	592,100.00	
05/01/38	$	3,800,000.00	$	-	$	98,800.00	$	-	
11/01/38	$	3,800,000.00	$	395,000.00	$	98,800.00	$	592,600.00	
05/01/39	$	3,405,000.00	$	-	$	88,530.00	$	-	
11/01/39	$	3,405,000.00	$	415,000.00	$	88,530.00	$	592,060.00	
05/01/40	$	2,990,000.00	$	-	$	77,740.00	$	-	
11/01/40	$	2,990,000.00	$	435,000.00	$	77,740.00	$	590,480.00	
05/01/41	$	2,555,000.00	$	-	$	66,430.00	$	-	
11/01/41	$	2,555,000.00	$	460,000.00	$	66,430.00	$	592,860.00	
05/01/42	$	2,095,000.00	$	-	$	54,470.00	$	-	
11/01/42	$	2,095,000.00	$	485,000.00	$	54,470.00	$	593,940.00	
05/01/43	$	1,610,000.00	$	-	$	41,860.00	$	-	
11/01/43	$	1,610,000.00	$	510,000.00	$	41,860.00	$	593,720.00	
05/01/44	$	1,100,000.00	$	-	$	28,600.00	$	-	
11/01/44	$	1,100,000.00	$	535,000.00	$	28,600.00	$	592,200.00	
05/01/45	$	565,000.00	$	-	$	14,690.00	$	-	
11/01/45	$	565,000.00	$	565,000.00	$	14,690.00	$	594,380.00	
			$	7,675,000.00	$	5,536,443.75	$	13,396,443.75	

Randal Park
Community Development District Proposed Budget
Debt Service - Series 2018

Description

Adopted FY2025
Budget

Actual Thru 4/30/25

Projected Next 5 Months

Total as of
9/30/25

Proposed FY2026
Budget

Revenues		
Assessments	$	117,674	$	110,591	$	7,083	$	117,674	$	117,674	
Interest	$	2,496	$	3,280	$	2,343	$	5,622	$	2,811	
Carry Forward Surplus	$	77,664	$	84,281	$	-	$	84,281	$	90,443	
Total Revenues	$  197,833	$  198,152	$	9,425	$  207,578	$  210,927	

Expenditures						
Interest Payment - 11/01	$	41,068	$	41,068	$	-	$	41,068	$	40,280	
Principal Payment - 05/01	$	35,000	$	-	$	35,000	$	35,000	$	35,000	
Interest Payment - 05/01	$	41,068	$	-	$	41,068	$	41,068	$	40,280	
Total Expenditures	$  117,135	$	41,068	$	76,068	$  117,135	$  115,560	
						
Excess Revenue/(Expenditures)	$	80,698	$  157,085	$	(66,642)	$	90,443	$	95,367	

Interest Payment 11/1/26  $	39,493 
 $	39,493 

Proposed Budget
	FY2026	
Net Assessments	$	117,674

Add: Discounts & Collections 6%
Gross Assessments

 $	7,511 
 $	125,185 

Randal Park
Community Development District Assessments Schedule - FY2026 Amortization Schedule

DATE		BALANCE		PRINCIPAL		INTEREST		TOTAL	
									
11/01/25	$	1,585,000.00	$	-	$	40,280.00	$	116,347.50	
05/01/26	$	1,585,000.00	$	35,000.00	$	40,280.00	$	-	
11/01/26	$	1,550,000.00	$	-	$	39,492.50	$	114,772.50	
05/01/27	$	1,550,000.00	$	35,000.00	$	39,492.50	$	-	
11/01/27	$	1,515,000.00	$	-	$	38,705.00	$	113,197.50	
05/01/28	$	1,515,000.00	$	40,000.00	$	38,705.00	$	-	
11/01/28	$	1,475,000.00	$	-	$	37,805.00	$	116,510.00	
05/01/29	$	1,475,000.00	$	40,000.00	$	37,805.00	$	-	
11/01/29	$	1,435,000.00	$	-	$	36,905.00	$	114,710.00	
05/01/30	$	1,435,000.00	$	45,000.00	$	36,905.00	$	-	
11/01/30	$	1,390,000.00	$	-	$	35,768.75	$	117,673.75	
05/01/31	$	1,390,000.00	$	45,000.00	$	35,768.75	$	-	
11/01/31	$	1,345,000.00	$	-	$	34,632.50	$	115,401.25	
05/01/32	$	1,345,000.00	$	45,000.00	$	34,632.50	$	-	
11/01/32	$	1,300,000.00	$	-	$	33,496.25	$	113,128.75	
05/01/33	$	1,300,000.00	$	50,000.00	$	33,496.25	$	-	
11/01/33	$	1,250,000.00	$	-	$	32,233.75	$	115,730.00	
05/01/34	$	1,250,000.00	$	50,000.00	$	32,233.75	$	-	
11/01/34	$	1,200,000.00	$	-	$	30,971.25	$	113,205.00	
05/01/35	$	1,200,000.00	$	55,000.00	$	30,971.25	$	-	
11/01/35	$	1,145,000.00	$	-	$	29,582.50	$	115,553.75	
05/01/36	$	1,145,000.00	$	60,000.00	$	29,582.50	$	-	
11/01/36	$	1,085,000.00	$	-	$	28,067.50	$	117,650.00	
05/01/37	$	1,085,000.00	$	60,000.00	$	28,067.50	$	-	
11/01/37	$	1,025,000.00	$	-	$	26,552.50	$	114,620.00	
05/01/38	$	1,025,000.00	$	65,000.00	$	26,552.50	$	-	
11/01/38	$	960,000.00	$	-	$	24,911.25	$	116,463.75	
05/01/39	$	960,000.00	$	65,000.00	$	24,911.25	$	-	
11/01/39	$	895,000.00	$	-	$	23,270.00	$	113,181.25	
05/01/40	$	895,000.00	$	70,000.00	$	23,270.00	$	-	
11/01/40	$	825,000.00	$	-	$	21,450.00	$	114,720.00	
05/01/41	$	825,000.00	$	75,000.00	$	21,450.00	$	-	
11/01/41	$	750,000.00	$	-	$	19,500.00	$	115,950.00	
05/01/42	$	750,000.00	$	80,000.00	$	19,500.00	$	-	
11/01/42	$	670,000.00	$	-	$	17,420.00	$	116,920.00	
05/01/43	$	670,000.00	$	85,000.00	$	17,420.00	$	-	
11/01/43	$	585,000.00	$	-	$	15,210.00	$	117,630.00	
05/01/44	$	585,000.00	$	85,000.00	$	15,210.00	$	-	
11/01/44	$	500,000.00	$	-	$	13,000.00	$	113,210.00	
05/01/45	$	500,000.00	$	90,000.00	$	13,000.00	$	-	
11/01/45	$	410,000.00	$	-	$	10,660.00	$	113,660.00	
05/01/46	$	410,000.00	$	95,000.00	$	10,660.00	$	-	
11/01/46	$	315,000.00	$	-	$	8,190.00	$	113,850.00	
05/01/47	$	315,000.00	$	100,000.00	$	8,190.00	$	-	
11/01/47	$	215,000.00	$	-	$	5,590.00	$	113,780.00	
05/01/48	$	215,000.00	$	105,000.00	$	5,590.00	$	-	
11/01/48	$	110,000.00	$	-	$	2,860.00	$	113,450.00	
05/01/49	$	110,000.00	$	110,000.00	$	2,860.00	$	112,860.00	
			$	1,650,000.00	$	1,378,607.50	$	3,028,607.50	

	Proposed FY2026								Proposed FY2026	
Description		Budget	Randal Park	Randal Walk		Combined		Total	

Revenues											
Special Assessments	$	1,151,680	$	549,581	$	8,775	$	593,324	$	1,151,680	
Colonial Properties Contribution	$	57,051	$	-	$	-	$	57,051	$	57,051	
Interest Income	$	1,922	$	-	$	-	$	1,922	$	1,922	
Miscellaneous Revenue	$	1,000	$	-	$	-	$	1,000	$	1,000	
Activities	$	5,000	$	5,000	$	-	$	-	$	5,000	
Rentals	$	9,000	$	9,000	$	-	$	-	$	9,000	
Carry Forward Surplus	$	42,227	$	19,619	$	560	$	22,048	$	42,227	
Total Revenues	$	1,267,881	$	583,200	$	9,335	$	675,345	$	1,267,881	

Expenditures											
Administrative											
Supervisor Fees	$	12,000	$	-	$	-	$	12,000	$	12,000	
FICA Expense	$	918	$	-	$	-	$	918	$	918	
Annual Audit	$	4,700	$	-	$	-	$	4,700	$	4,700	
Trustee Fees	$	13,750	$	8,800	$	4,950	$	-	$	13,750	
Dissemination Agent	$	11,356	$	7,571	$	3,785	$	-	$	11,356	
Arbitrage	$	1,800	$	1,200	$	600	$	-	$	1,800	
Engineering	$	10,000	$	-	$	-	$	10,000	$	10,000	
Attorney	$	20,000	$	-	$	-	$	20,000	$	20,000	
Assessment Administration	$	5,732	$	-	$	-	$	5,732	$	5,732	
Management Fees	$	51,504	$	-	$	-	$	51,504	$	51,504	
Information Technology	$	2,064	$	-	$	-	$	2,064	$	2,064	
Website Maintance	$	1,376	$	-	$	-	$	1,376	$	1,376	
Telephone	$	100	$	-	$	-	$	100	$	100	
Postage	$	1,000	$	-	$	-	$	1,000	$	1,000	
Insurance	$	10,207	$	-	$	-	$	10,207	$	10,207	
Printing & Binding	$	1,500	$	-	$	-	$	1,500	$	1,500	
Legal Advertising	$	2,250	$	-	$	-	$	2,250	$	2,250	
Other Current Charges	$	1,500	$	-	$	-	$	1,500	$	1,500	
Office Supplies	$	200	$	-	$	-	$	200	$	200	
Property Appraiser	$	800	$	-	$	-	$	800	$	800	
Property Taxes	$	300	$	-	$	-	$	300	$	300	
Dues, Licenses & Subscriptions	$	175	$	-	$	-	$	175	$	175	
Total Administrative	$	153,232	$	17,571	$	9,335	$	126,326	$	153,232	

Maintenance											
Contract Services:
Field Management	
$	
21,561	
$	
-	
$	
-	
$	
21,561	
$	
21,561	
Mitigation Monitoring	$	19,200	$	-	$	-	$	19,200	$	19,200	
Landscape Maintenance (75%/25%)	$	346,924	$	91,380	$	-	$	255,544	$	346,924	
Lake Maintenance	$	11,882	$	-	$	-	$	11,882	$	11,882	
Security Patrol (75%/25%)	$	41,250	$	30,938	$	-	$	10,313	$	41,250	
Repairs & Maintenance
Facility Maintenance (75%/25%)	
$	
35,052	
$	
26,289	
$	
-	
$	
8,763	
$	
35,052	
Repairs & Maintenance (75%/25%)	$	30,000	$	22,500	$	-	$	7,500	$	30,000	
Operating Supplies (75%/25%)	$	8,000	$	6,000	$	-	$	2,000	$	8,000	
Landscape Replacement (75%/25%)	$	25,000	$	18,750	$	-	$	6,250	$	25,000	
Irrigation Repairs	$	10,000	$	-	$	-	$	10,000	$	10,000	
Fountain Maintenance	$	3,000	$	-	$	-	$	3,000	$	3,000	
Pressure Washing (20%/80%)	$	9,000	$	1,800	$	-	$	7,200	$	9,000	
Subtotal Maintenance	$	560,869	$	197,656	$	-	$	363,213	$	560,869	

Description

Proposed FY2026
Budget

Randal Park	Randal Walk	Combined

Proposed FY2026
Total

Utilities
Utilities - Common Area	
$	29,034	
$	-	
$	-	$	29,034	
$	29,034	
Streetlighting	$	110,000	$	-	$	-	$	110,000	$	110,000	
Amenity Center
Amenity Management	
$	106,986	
$  106,986	
$	-	$	-	
$	106,986	
Pool Attendants	$	16,740	$	16,740	$	-	$	-	$	16,740	
Pool Permit	$	615	$	615	$	-	$	-	$	615	
Cable TV/Internet/Telephone	$	4,857	$	4,857	$	-	$	-	$	4,857	
Utilities - Amenity Center	$	28,205	$	28,205	$	-	$	-	$	28,205	
Refuse Service	$	3,168	$	3,168	$	-	$	-	$	3,168	
Amenity Center Access Cards	$	1,000	$	1,000	$	-	$	-	$	1,000	
HVAC Maintenance	$	574	$	574	$	-	$	-	$	574	
Special Events	$	15,000	$	15,000	$	-	$	-	$	15,000	
Holiday Decorations	$	10,000	$	10,000	$	-	$	-	$	10,000	
Security Monitoring	$	2,600	$	2,600	$	-	$	-	$	2,600	
Janitorial Services	$	30,037	$	30,037	$	-	$	-	$	30,037	
Pool Maintenance	$	32,130	$	32,130	$	-	$	-	$	32,130	
Pool Chemicals & Repairs	$	50,000	$	50,000	$	-	$	-	$	50,000	
Fitness Repairs & Maintenance	$	-	$	-	$	-	$	-	$	-	
Amenity Repairs & Maintenance	$	9,500	$	9,500	$	-	$	-	$	9,500	
Pest Control	$	3,500	$	3,500	$	-	$	-	$	3,500	
Other
Property Insurance (70%/30%)	
$	50,000	
$	35,000	
$	-	$	15,000	
$	50,000	
Contingency	$	24,032	$	-	$	-	$	24,032	$	24,032	
Transfer Out - Capital Reserve (70%/30%)	$	25,802	$	18,061	$	-	$	7,741	$	25,802	
Subtotal Maintenance	$	553,779	$ 367,973	$	-	$ 185,807	$	553,779	
					
Total Expenditures	$	1,267,881	$ 583,200	$	9,335  $  675,345	$	1,267,881	
					
Excess Revenue/(Expenditures)	$	-	$	-	$	-	$	-	$	(0)	

Net Assessments	$  549,581	$	8,775	$	593,324	$	1,151,680	
Add: Discounts and Collections (6%)	$	35,080	$	560	$	37,872	$	73,511	
Gross Assesment	$  584,661	$	9,335	$	631,196	$	1,225,191	

Assessable Units	797	107	904	Total

Per Unit Assessments - Phases 1 - 5	$	733.58	$	-	$	698.23	$	1,431.80	
Per Unit Assessments - Randal Walk	$	-	$	87.24	$	698.23	$	785.47	

Randal Park
Community Development District Assessments Schedule - FY2026

Phase 1A and 1B	No. Of Units		Per Unit, O & M		Series 2012		Series 2015		Series 2018		Total	
Single Family 40'	83	$	1,432	$	1,072	$	-	$	-	$	2,504	
Single Family 50'	106	$	1,432	$	1,126	$	-	$	-	$	2,558	
Single Family 60'	50	$	1,432	$	1,179	$	-	$	-	$	2,611	
Townhome	0	$	-	$	-	$	-	$	-	$	-	
Phase 2 & 3	No. Of Units		Per Unit, O & M	Series 2012		Series 2015		Series 2018		Total	
Single Family 40'	27	$	1,432	$	1,072	$	301	$	-	$	2,805	
Single Family 50'	27	$	1,432	$	1,126	$	251	$	-	$	2,809	
Single Family 60'	24	$	1,432	$	1,179	$	202	$	-	$	2,813	
Townhome	83	$	1,432	$	805	$	314	$	-	$	2,550	
Townhome	5	$	1,432	$	-	$	1,117			$	2,549	
Phase 4 & 5	No. Of Units		Per Unit, O & M	Series 2012		Series 2015		Series 2018		Total	
Single Family 40'	33	$	1,432	$	-	$	1,551	$	-	$	2,983	
Single Family 50'	119	$	1,432	$	-	$	1,631	$	-	$	3,062	
Single Family 60'	105	$	1,432	$	-	$	1,705	$	-	$	3,136	
Townhome	135	$	1,432	$	-	$	1,165	$	-	$	2,596	
Randal Walk	No. Of Units		Per Unit, O & M	Series 2012		Series 2015		Series 2018		Total	
Single Family 40'	0	$	-	$	-	$	-	$	-	$	-	
Single Family 50'	0	$	-	$	-	$	-	$	-	$	-	
Single Family 60'	0	$	-	$	-	$	-	$	-	$	-	
Townhome	107	$	785	$	-	$	-	$	1,170	$	1,955	
Total Units 	904 											

!!"#$%& "#

!!"#$%& "

!!"#$%& "

Randal Park
Community Development District

Summary of Check Register

April 8, 2025 to May 2, 2025

Bank	Date	Check No.'s	Amount	

 General Fund		

4/14/25	

3433-3441	

$	71,637.18	
	4/17/25	3442-3452	$	45,978.92	
	4/25/25	3453-3456	 $	1,473.42 	
			$	119,089.52	
Superviser Fees	February 2025			
	Kathryn F. Steuck	50322	$	184.70	
	Marcela L. Asquith	50323	$	184.70	
	Sean D. Masherella	50324	$	184.70	
	Stephany C. Cornelius	50325	$	184.70	
	Christopher B. Swendsen	50326	 $	184.70 	
			$	923.50	
		Total Amount	$	120,013.02	

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	5/05/25	PAGE	1
*** CHECK DATES 04/08/2025 - 05/02/2025 ***	RANDAL PARK CDD
BANK A RANDAL PARK CDD
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
4/14/25 00060	3/26/25 251222	202503 320-53800-48000	*	635.00
REPAIR DOOR MAGLOCK
ACCESS CONTROL SYSTEMS LLC	635.00 003433
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/14/25 00185	4/01/25 49024	202504 320-53800-46700	*	1,573.00
JANITORIAL SERVICES APR25
B&T BUILDING SERVICES, INC	1,573.00 003434
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/14/25 00209	4/03/25 INV19984 202503 320-53800-47600	*	930.94
SECURITY SVC 3/23-3/29
OFF DUTY MANAGEMENT, INC	930.94 003435
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/14/25 00033	4/07/25 4725	202504 300-20700-10300	*	22,476.06
FY25 ASMNT TXFR S2012
RANDAL PARK CDD C/O WELLS FARGO	22,476.06 003436
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/14/25 00110	4/07/25 4725	202504 300-20700-10300	*	33,506.35
FY25 ASMNT TXFR S2015
RANDAL PARK CDD C/O WELLS FARGO	33,506.35 003437
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/14/25 00111	4/07/25 4725	202504 300-20700-10300	*	6,690.17
FY25 ASMNT TXFR S2018
RANDAL PARK CDD C/O WELLS FARGO	6,690.17 003438
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/14/25 00049	4/01/25 355247	202504 320-53800-34500	*	34.95

SYNERGY FL	34.95	003439	
- - - -	- - -	-	- - - -	- - - - -	- - - - - - - - - - - - - - -	- -	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	- - -	-	-	- - - -	- - -	
4/14/25	00038	3/27/25	315795
REPLACE	202503 320-53800-46300	*	334.50	
SPIES POOL, LLC	334.50	003440	
- - - -	- - -	-	- - - -	- - - - -	- - - - - - - - - - - - - - -	- -	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	- - -	-	-	- - - -	- - -	
4/14/25	00066	4/02/25	885885	202504 320-53800-47200	*	785.65	
SOD INSTALL	
4/02/25	887317	202504 320-53800-47200	*	4,670.56	
PLANT REMOVAL/SOD INSTALL	

SECURITY SERVICES - APR25

TORO VALVE

YELLOWSTONE LANDSCAPE-SOUTHEAST LLC	5,456.21 003441
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/17/25 00060	4/08/25 251945	202504 320-53800-34500	*	120.00
SECURITY MONITORING
ACCESS CONTROL SYSTEMS LLC	120.00 003442
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/17/25 00129	3/14/25 42240887 202503 320-53800-46700	*	502.14
BATHROOM MATS CLEANING
4/11/25 42270398 202504 320-53800-46700	*	502.14
BATHROOM MATS CLEANING
CINTAS	1,004.28 003443
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	5/05/25	PAGE	2
*** CHECK DATES 04/08/2025 - 05/02/2025 ***	RANDAL PARK CDD
BANK A RANDAL PARK CDD
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
4/17/25 00226	4/16/25 41625	202504 300-36900-10200	*	250.00
CLUBHOUSE DEPOSIT REFUND
DARBY SOLANO	250.00 003444
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/17/25 00052	4/15/25 48-BID-7 202504 320-53800-47100	*	370.00
POOL PERMIT FY25
4/15/25 48-BID-7 202504 320-53800-47100	*	245.00
POOL PERMIT FY25
FLORIDA DEPARTMENT OF HEALTH	615.00 003445
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/17/25 00001	2/28/25 834	202502 320-53800-51000	*	250.00
VULTURE SNAG/DOGGY BAGS
4/01/25 835	202504 310-51300-34000	*	4,167.00
MANAGEMENT FEES - APR 25
4/01/25 835	202504 310-51300-35200	*	111.33
WEBSITE ADMIN - APR 25
4/01/25 835	202504 310-51300-35100	*	167.00
INFORMATION TECH - APR 25
4/01/25 835	202504 310-51300-31300	*	918.75
DISSEMINATION - APR 25
4/01/25 835	202504 310-51300-51000	*	.57
OFFICE SUPPLIES
4/01/25 835	202504 310-51300-42000	*	119.13
POSTAGE
4/01/25 835	202504 310-51300-42500	*	11.70
COPIES
4/01/25 836	202504 320-53800-12000	*	1,744.42
FIELD MANAGEMENT - APR 25
4/01/25 836	202504 320-53800-46000	*	568.65
TRANSFORMER INSTALL
4/01/25 837	202504 320-53800-12300	*	2,835.92
FACILITY MAINT - APR 25
GOVERNMENTAL MANAGEMENT SERVICES-CF	10,894.47 003446
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/17/25 00025	3/11/25 138013	202502 310-51300-31500	*	1,331.77
GENERAL COUNSEL - FEB 25
4/11/25 139823	202503 310-51300-31500	*	597.27
GENERAL COUNSEL - MAR 25
LATHAM LUNA EDEN & BEAUDINE LLP	1,929.04 003447
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/17/25 00209	4/10/25 INV20220 202504 320-53800-47600	*	931.88
SECURITY SVC 3/31-4/5
OFF DUTY MANAGEMENT, INC	931.88 003448
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/17/25 00216	4/16/25 41625	202504 300-36900-10200	*	250.00
CLUBHOUSE DEPOSIT REFUND
STACY MANAHAN	250.00 003449
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	5/05/25	PAGE	3
*** CHECK DATES 04/08/2025 - 05/02/2025 ***	RANDAL PARK CDD

CHECK	VEND# DATE	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS		AMOUNT	....CHECK..... AMOUNT	#	
4/17/25 00038	4/18/25 22223	202504 320-53800-46300	*
SPIES POOL, LLC		750.00	
750.00 003450	
- - - - - - - - 4/17/25 00227	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/16/25 41625	202504 300-36900-10200	*
YAMILLE MENDIETA	- - - -	- - - - - -	- - - - - - - -

250.00 003451	
- - - - - - - - 4/17/25 00066	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/10/25 893557	202504 320-53800-46500	*
4/15/25 894603	202504 320-53800-46200	*	- - - -	- - - - - -

27,009.25	- - - - - - - -	
	LANDSCAPE MAINT - APR 25
YELLOWSTONE LANDSCAPE-SOUTHEAST LLC			28,984.25 003452	
- - - - - - - - 4/25/25 00043	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/15/25 76607363 202504 320-53800-46800	*
ARROW ENVIRONMENTAL SERVICES	- - - -	- - - - - -	- - - - - - - -

60.48 003453	
- - - - - - - - 4/25/25 00209	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/18/25 INV20513 202504 320-53800-47600	*
OFF DUTY MANAGEMENT, INC	- - - -	- - - - - -	- - - - - - - -

930.94 003454	
- - - - - - - - 4/25/25 00038	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/10/25 316347	202504 320-53800-46300	*
SPIES POOL, LLC	- - - -	- - - - - -	- - - - - - - -

232.00 003455	
- - - - - - - - 4/25/25 00228

- - - - - - - -	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/23/25 42325	202504 300-36900-10200	*
WILMA OSORIO
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	- - - -

- - - -	- - - - - -

- - - - - -	- - - - - - - -

250.00 003456
- - - - - - - -	

BANK A RANDAL PARK CDD

POOL CHEMICALS

CLUBHOUSE DEPOSIT REFUND

250.00

IRRIGATION REPAIRS

1,975.00

PEST CONTROL - APR 25

60.48

SECURITY SVC 4/6 - 4/12

930.94

POOL CHEMICALS

232.00

CLUBHOUSE DEPOSIT REFUND

250.00

TOTAL FOR BANK A	119,089.52
TOTAL FOR REGISTER	119,089.52

RAND RANDAL PARK	BOH

!!"#$%& "

Randa/Park
Community Development District

Unaudited Financial Reporting
April 30,2025

Table of Contents

1		Balance Sheet	

2-3	
	General Fund	

4	
	Capital Reserve Fund	

5	
	Debt Service Fund Series 2012	

6	
	Debt Service Fund Series 2015	

7	
	Debt Service Fund Series 2018	

8	
	Combined Capital Project Funds	

9-10	
	Month to Month	

11	
	Long Term Debt Report	

12	
	Assessment Receipt Schedule	

Combined Balance Sheet April 30, 2025

General
Fund

Capital Reserve
Fund

Debt Service
Funds

Capital Project
Funds

Totals
Governmental Funds

Assets:
Cash:
Operating Account	

$	277,581	

$	

-	

$	

-	

$	

-	

$	277,581	
Due from Colonial Properties	$	9,661	$	-	$	-	$	-	$	9,661	
Due from General Fund	$	-	$	0	$	12,209	$	-	$	12,209	
Investments:
State Board of Administration (SBA)	

$	820,714	

$	400,218	$	-	$	-	$	1,220,932	
Series 2012 Reserve	

$	-	

$	-	$	402,496	$	-	$	402,496	
Revenue	$	-	$	-	$	484,713	$	-	$	484,713	
Interest	$	-	$	-	$	133,575	$	-	$	133,575	
Prepayment	$	-	$	-	$	11,218	$	-	$	11,218	
Sinking Fund Series 2015
Reserve	$	-

$	-	$	-	$	56	$	-	$	56

$	597,224	$	597,224	
Revenue	$	-	$	-	$	674,430	$	-	$	674,430	
Interest	$	-	$	-	$	190,866	$	-	$	190,866	
Construction Series 2018
Reserve	$	-

$	-	$	-	$	-	$	494	$	494

$	-	$	59,052	$	-	$	59,052	
Revenue	$	-	$	-	$	76,840	$	-	$	76,840	
Interest	$	-	$	-	$	41,068	$	-	$	41,068	
Principal	$	-	$	-	$	35,000	$	-	$	35,000	
Cap Interest	$	-	$	-	$	2,874	$	-	$	2,874	
Construction	$	-	$	-	$	-	$	54	$	54	
Cost of Issuance	$	-	$	-	$	-	$	8	$	8	
Prepaid Expenses	$	5,705	$	-	$	-	$	-	$	5,705	
Total Assets	$	1,113,661	$	400,218	$	2,721,621	$	556	$	4,236,056	

Liabilities:
Accounts Payable	

$	6,376	

$	-	$	-	$	-	$	6,376	
Due to Debt Service	$	12,209	$	-	$	-	$	-	$	12,209	
Total Liabilites	$	18,585	$	-	$	-	$	-	$	18,585	

Fund Balance:
Nonspendable: Prepaid Items	

$	5,705	

$	-	$	-	$	-	$	5,705	
Restricted for: Debt Service	
$	-	
$	
-	$	2,721,621	
$	-	
$	2,721,621	
Capital Project	$	-	$	-	$	-	$	556	$	556	
Assigned for:									
Capital Reserve Fund	$	-	$	400,218	$	-	$	-	$	400,218	
Unassigned	$	1,089,371	$	-	$	-	$	-	$	1,089,371	
Total Fund Balances	$	1,095,076	$	400,218	$	2,721,621	$	556	$	4,217,471	
						
Total Liabilities & Fund Balance	$	1,113,661	$	400,218	$	2,721,621	$	556	$	4,236,056	

Adopted	Prorated Budget	Actual	
Budget	Thru 04/30/25	Thru 04/30/25	Variance	

Revenues:		
Special Assessments - Tax Roll	$	1,151,680	$	1,151,680	$	1,082,316	$	(69,364)	
Colonial Properties Contribution	$	55,607	$	32,438	$	33,043	$	606	
Interest Income	$	-	$	-	$	2,714	$	2,714	
Miscellaneous Revenue	$	1,000	$	1,000	$	1,760	$	760	
Activities	$	5,000	$	2,917	$	2,520	$	(397)	
Rentals	$	9,000	$	9,000	$	11,010	$	2,010	
Total Revenues	$	1,222,287	$	1,197,034	$	1,133,363	$	(63,671)	

Expenditures:					
General & Administrative:					
Supervisor Fees	$	12,000	$	7,000	$	6,400	$	600	
FICA Expense	$	918	$	536	$	490	$	46	
Annual Audit	$	4,600	$	4,600	$	4,700	$	(100)	
Trustee Fees	$	12,500	$	9,833	$	9,833	$	-	
Dissemination Agent	$	11,025	$	6,431	$	6,431	$	-	
Arbitrage	$	1,800	$	1,050	$	600	$	450	
Engineering	$	10,000	$	5,833	$	120	$	5,713	
Attorney	$	20,000	$	11,667	$	8,035	$	3,631	
Assessment Administration	$	5,565	$	5,565	$	5,565	$	-	
Management Fees	$	50,004	$	29,169	$	29,169	$	-	
Information Technology	$	2,004	$	1,169	$	1,169	$	-	
Website Maintenance	$	1,336	$	779	$	779	$	0	
Telephone	$	100	$	58	$	-	$	58	
Postage	$	1,000	$	583	$	578	$	5	
Insurance	$	8,094	$	8,094	$	8,688	$	(594)	
Printing & Binding	$	1,500	$	875	$	191	$	684	
Legal Advertising	$	2,250	$	1,313	$	739	$	574	
Other Current Charges	$	1,500	$	875	$	284	$	591	
Office Supplies	$	200	$	117	$	4	$	113	
Property Appraiser	$	800	$	467	$	-	$	467	
Property Taxes	$	300	$	300	$	325	$	(25)	
Dues, Licenses & Subscriptions	$	175	$	175	$	175	$	-	
Total General & Administrative	$	147,671	$	96,489	$	84,276	$	12,213	

Operations & Maintenance					
Contract Services:
Field Management	

$	20,933	

$	12,211	

$	12,211	

$	(0)	
Mitigation Monitoring	$	19,200	$	11,200	$	9,600	$	1,600	
Landscape Maintenance	$	330,404	$	192,736	$	189,065	$	3,671	
Lake Maintenance	$	11,640	$	6,790	$	5,658	$	1,132	
Security Patrol	$	41,250	$	24,063	$	20,380	$	3,682	
Repairs & Maintenance
Facility Maintenance	
$	34,031	
$	19,851	
$	19,851	
$	0	
Repairs & Maintenance	$	30,000	$	17,500	$	11,330	$	6,170	
Operating Supplies	$	9,800	$	5,717	$	4,693	$	1,023	
Landscape Replacement	$	15,000	$	15,000	$	17,527	$	(2,527)	
Irrigation Repairs	$	10,000	$	5,833	$	4,044	$	1,789	
Fountain Repairs	$	3,000	$	1,750	$	370	$	1,380	
Pressure Washing	$	9,000	$	9,000	$	9,000	$	-	
Subtotal Operations & Maintenance	$	534,259	$	321,651	$	303,731	$	17,920	

Adopted	Prorated Budget	Actual	
Budget	Thru 04/30/25	Thru 04/30/25	Variance	

Utilities		
Utilities - Common Area	$	33,000	$	19,250	$	13,895	$	5,355	
Streetlighting	$	121,000	$	70,583	$	60,284	$	10,300	
Amenity Center					
Amenity Management	$	100,930	$	58,876	$	58,876	$	(0)	
Pool Attendants	$	15,500	$	9,042	$	2,055	$	6,987	
Pool Permit	$	550	$	550	$	615	$	(65)	
Cable TV/Internet/Telephone	$	4,857	$	2,833	$	2,230	$	603	
Utilities - Amenity Center	$	25,641	$	14,957	$	10,149	$	4,808	
Refuse Service	$	3,168	$	1,848	$	1,652	$	196	
Amenity Center Access Cards	$	1,000	$	583	$	-	$	583	
HVAC Maintenance	$	574	$	335	$	223	$	111	
Special Events	$	15,000	$	8,750	$	14,034	$	(5,284)	
Holiday Decorations	$	9,500	$	9,500	$	9,931	$	(431)	
Security Monitoring	$	2,345	$	1,368	$	1,463	$	(95)	
Janitorial Services	$	26,250	$	15,313	$	16,107	$	(794)	
Pool Maintenance	$	30,240	$	17,640	$	15,750	$	1,890	
Pool Chemicals & Repairs	$	19,450	$	19,450	$	28,352	$	(8,902)	
Fitness Repairs & Maintenance	$	-	$	-	$	260	$	(260)	
Amenity Repairs & Maintenance	$	5,000	$	5,000	$	5,666	$	(666)	
Pest Control	$	11,500	$	6,708	$	2,256	$	4,452	
Other					
Property Insurance	$	55,019	$	55,019	$	45,279	$	9,740	
Contingency	$	34,032	$	19,852	$	612	$	19,240	
Subtotal Amenity Center	$	514,556	$	337,457	$	289,688	$	47,769	
					
Total Operations & Maintenance	$	1,048,815	$	659,108	$	593,419	$	65,689	
					
Total Expenditures	$	1,196,486	$	755,597	$	677,695	$	77,902	
					
Excess (Deficiency) of Revenues over Expenditures	$	25,802	$	441,437	$	455,668	$	14,231	

Other Financing Sources/(Uses):

Transfer Out - Capital Reserve	

$	(25,802)	

$	(25,802)	

$	(25,802)	

$	-	
Total Other Financing Sources/(Uses)	$	(25,802)	$	(25,802)	$	(25,802)	$	-	
					
Net Change in Fund Balance	$	-	$	415,635	$	429,866	$	14,231	
					
Fund Balance - Beginning	$	-		$	665,210		
					
Fund Balance - Ending	$	-		$	1,095,076		

Revenues

Interest	

$	8,614	

$	8,614	

$	10,720	

$	2,106	
Total Revenues	$	8,614	$	8,614	$	10,720	$	2,106	

Expenditures:

Capital Outlay	

$	25,000	

$	-	

$	-	

$	-	
Total Expenditures	$	25,000	$	-	$	-	$	-	
					
Excess (Deficiency) of Revenues over Expenditures	$	(16,386)	$	8,614	$	10,720	$	2,106	

Other Financing Sources/(Uses)

Transfer In/(Out)	

$	25,802	

$	25,802	

$	25,802	

$	0	
Total Other Financing Sources (Uses)	$	25,802	$	25,802	$	25,802	$	0	
					
Net Change in Fund Balance	$	9,416	$	34,416	$	36,522	$	2,107	
					
Fund Balance - Beginning	$	328,863		$	363,696		
					
Fund Balance - Ending	$	338,278		$	400,218		

Revenues:

Special Assessments - Tax Roll	396,407	396,407	371,538	(24,869)

Total Revenues

416,449

416,449

391,827

(24,623)

Interest Income	20,042	20,042	20,288	246
Expenditures:

Interest - 11/01	138,016	138,016	138,169	(153)
Principal - 11/01	125,000	125,000	135,000	(10,000)
Principal - 2/01	-	-	10,000	(10,000)
Interest - 5/01	134,188	-	-	-

Total Expenditures

397,203

263,016

283,169

(20,153)

Excess (Deficiency) of Revenues over Expenditures

19,246

153,434

108,658

(44,776)

Net Change in Fund Balance

19,246

153,434

108,658

(44,776)

Fund Balance - Beginning

491,322

927,779

Fund Balance - Ending

510,569

1,036,437

Revenues:

Special Assessments - Tax Roll	589,600	589,600	553,874	(35,727)

Total Revenues

616,934

616,934

581,685

(35,249)

Interest Income	27,333	27,333	27,812	478
Expenditures:

Interest - 11/01	195,068	195,068	200,009	(4,941)
Principal Payment - 11/01	185,000	185,000	190,000	(5,000)
Interest - 05/01	191,030	-	-	-

Total Expenditures

571,098

380,068

390,009

(9,941)

Excess (Deficiency) of Revenues over Expenditures

45,836

236,866

191,676

(45,190)

Net Change in Fund Balance

45,836

236,866

191,676

(45,190)

Fund Balance - Beginning

641,940

1,277,371

Fund Balance - Ending

687,776

1,469,047

Revenues:

Special Assessments - Tax Roll	117,674	117,674	110,591	(7,083)	
Interest Income	2,496	2,496	3,280	784	
Total Revenues	120,169	120,169	113,871	(6,298)	

Expenditures:					
Interest - 11/01	41,068	41,068	41,068	-	
Principal - 5/01	35,000	-	-	-	
Interest - 5/01	41,068	-	-	-	
Total Expenditures	117,135	41,068	41,068	-	
					
Excess (Deficiency) of Revenues over Expenditures	3,034	79,102	72,803	(6,298)	
					
Net Change in Fund Balance	3,034	79,102	72,803	(6,298)	
					
Fund Balance - Beginning	77,664		143,333		
					
Fund Balance - Ending	80,698		216,137		

	Series		Series		
	2015		2018		Total		
Revenues

Interest Income		

13		

2		

15	
Total Revenues		13		2		15	

Expenditures:

Capital Outlay		

-		

-		

-	
Total Expenditures		-		-		-	
							
Excess (Deficiency) of Revenues over Expenditures		13		2		15	
							
Fund Balance - Beginning		481		60		542	
							
Fund Balance - Ending		494		62		556	

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

Revenues:

Interest Income
Special Assessments - Tax Roll Colonial Properties Contribution Miscellaneous Revenue Activities
Rentals

$	-  $
$	-  $
$	4,409  $
$	80  $
$	500  $
$	1,250  $

-  $
40,837  $
4,388  $
20  $
1,120  $
3,250  $

-  $
133,331  $
4,876  $
-  $
-  $
760  $

-  $
32,182  $
4,861  $
45  $
470  $
500  $

-  $
797,737  $
4,875  $
345  $
-  $
500  $

-  $
65,474  $
4,835  $
1,210  $
-  $
4,250  $

2,714  $	-  $	-  $	-  $	-  $
12,755  $	-  $	-  $	-  $	-  $
4,800  $	-  $	-  $	-  $	-  $
60  $	-  $	-  $	-  $	-  $
430  $	-  $	-  $	-  $	-  $
500  $	-  $	-  $	-  $	-  $

-  $	2,714
-  $	1,082,316
-  $	33,043
-  $	1,760
-  $	2,520
-  $	11,010

Total Revenues	$	6,239  $	49,615  $	138,967  $	38,057  $	803,457  $	75,770  $	18,545  $	-  $	-  $	-  $	-  $	-  $	1,133,363

Expenditures:

General & Administrative:

Supervisor Fees FICA Expense Annual Audit Trustee Fees Dissemination Agent Arbitrage Engineering Attorney
Assessment Administration Management Fees Information Technology Website Maintenance Telephone
Postage Insurance
Printing & Binding Legal Advertising Other Current Charges Office Supplies Property Appraiser Property Taxes
Dues, Licenses & Subscriptions

$	800  $
$	61  $
$	-  $
$	4,583  $
$	919  $
$	-  $
$	-  $
$	1,773  $
$	5,565  $
$	4,167  $
$	167  $
$	111  $
$	-  $
$	56  $
$	8,688  $
$	12  $
$	-  $
$	42  $
$	1  $
$	-  $
$	-  $
$	175  $

800  $
61  $
-  $
-  $
919  $
-  $
-  $
701  $
-  $
4,167  $
167  $
111  $
-  $
15  $
-  $
90  $
-  $
-  $
1  $
-  $
325  $
-  $

-  $
-  $
-  $
3,000  $
919  $
-  $
120  $
1,510  $
-  $
4,167  $
167  $
111  $
-  $
101  $
-  $
23  $
-  $
42  $
0  $
-  $
-  $
-  $

1,800  $
138  $
-  $
-  $
919  $
-  $
-  $
2,122  $
-  $
4,167  $
167  $
111  $
-  $
86  $
-  $
3  $
-  $
42  $
0  $
-  $
-  $
-  $

-  $
-  $
-  $
-  $
919  $
-  $
-  $
1,332  $
-  $
4,167  $
167  $
111  $
-  $
31  $
-  $
20  $
739  $
51  $
1  $
-  $
-  $
-  $

2,000  $
153  $
4,700  $
2,250  $
919  $
-  $
-  $
597  $
-  $
4,167  $
167  $
111  $
-  $
170  $
-  $
32  $
-  $
45  $
1  $
-  $
-  $
-  $

1,000  $	-  $	-  $	-  $	-  $
77  $	-  $	-  $	-  $	-  $
-  $	-  $	-  $	-  $	-  $
-  $	-  $	-  $	-  $	-  $
919  $	-  $	-  $	-  $	-  $
600  $	-  $	-  $	-  $	-  $
-  $	-  $	-  $	-  $	-  $
-  $	-  $	-  $	-  $	-  $
-  $	-  $	-  $	-  $	-  $
4,167  $	-  $	-  $	-  $	-  $
167  $	-  $	-  $	-  $	-  $
111  $	-  $	-  $	-  $	-  $
-  $	-  $	-  $	-  $	-  $
119  $	-  $	-  $	-  $	-  $
-  $	-  $	-  $	-  $	-  $
12  $	-  $	-  $	-  $	-  $
-  $	-  $	-  $	-  $	-  $
62  $	-  $	-  $	-  $	-  $
1  $	-  $	-  $	-  $	-  $
-  $	-  $	-  $	-  $	-  $
-  $	-  $	-  $	-  $	-  $
-  $	-  $	-  $	-  $	-  $

-  $	6,400
-  $	490
-  $	4,700
-  $	9,833
-  $	6,431
-  $	600
-  $	120
-  $	8,035
-  $	5,565
-  $	29,169
-  $	1,169
-  $	779
-  $	-
-  $	578
-  $	8,688
-  $	191
-  $	739
-  $	284
-  $	4
-  $	-
-  $	325
-  $	175

Total General & Administrative	$	27,120  $	7,357  $	10,160  $	9,556  $	7,537  $	15,312  $	7,234  $	-  $	-  $	-  $	-  $	-  $	84,276

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

Operations & Maintenance

Contract Services: Field Management Mitigation Monitoring Landscape Maintenance Lake Maintenance Security Patrol
Facility Maintenance Repairs & Maintenance Operating Supplies Landscape Replacement Irrigation Repairs Fountain Repairs Pressure Washing

$	1,744  $
$	-  $
$	27,009  $
$	943  $
$	-  $
$	2,836  $
$	-  $
$	668  $
$	4,321  $
$	-  $
$	-  $
$	9,000  $

1,744  $
-  $
27,009  $
943  $
-  $
2,836  $
423  $
838  $
-  $
-  $
-  $
-  $

1,744  $
4,800  $
27,009  $
943  $
4,096  $
2,836  $
3,169  $
311  $
7,750  $
1,749  $
185  $
-  $

1,744  $
4,800  $
27,009  $
943  $
5,888  $
2,836  $
735  $
822  $
-  $
320  $
-  $
-  $

1,744  $
-  $
27,009  $
943  $
3,878  $
2,836  $
6,434  $
831  $
-  $
-  $
-  $
-  $

1,744  $
-  $
27,009  $
943  $
3,724  $
2,836  $
-  $
944  $
-  $
-  $
185  $
-  $

1,744  $	-  $	-  $	-  $	-  $
-  $	-  $	-  $	-  $	-  $
27,009  $	-  $	-  $	-  $	-  $
-  $	-  $	-  $	-  $	-  $
2,794  $	-  $	-  $	-  $	-  $
2,836  $	-  $	-  $	-  $	-  $
569  $	-  $	-  $	-  $	-  $
279  $	-  $	-  $	-  $	-  $
5,456  $	-  $	-  $	-  $	-  $
1,975  $	-  $	-  $	-  $	-  $
-  $	-  $	-  $	-  $	-  $
-  $	-  $	-  $	-  $	-  $

-  $	12,211
-  $	9,600
-  $	189,065
-  $	5,658
-  $	20,380
-  $	19,851
-  $	11,330
-  $	4,693
-  $	17,527
-  $	4,044
-  $	370
-  $	9,000

Subtotal Operations & Maintenance	$	46,521  $	33,794  $	54,594  $	45,098  $	43,676  $	37,385  $	42,663  $	-  $	-  $	-  $	-  $	-  $	303,731

Utilities
Utilities - Common Area Streetlighting Amenity Center Amenity Management Pool Attendants
Pool Permit
Cable TV/Internet/Telephone Utilities - Amenity Center Refuse Service
Amenity Center Access Cards HVAC Maintenance
Special Events Holiday Decorations Security Monitoring Janitorial Services Pool Maintenance
Pool Chemicals & Repairs Fitness Repairs & Maintenance Amenity Repairs & Maintenance Pest Control
Other
Property Insurance Contingency

$	3,254  $
$	8,586  $

$	8,411  $
$	840  $
$	-  $
$	658  $
$	1,528  $
$	223  $
$	-  $
$	-  $
$	438  $
$	-  $
$	209  $
$	2,834  $
$	2,250  $
$	4,314  $
$	-  $
$	395  $
$	60  $

$	45,279  $
$	514  $

1,623  $
8,593  $

8,411  $
-  $
-  $
-  $
1,070  $
238  $
-  $
-  $
2,995  $
9,472  $
209  $
1,956  $
2,250  $
1,287  $
-  $
303  $
60  $

-  $
98  $

936  $
8,593  $

8,411  $
-  $
-  $
658  $
985  $
238  $
-  $
-  $
7,810  $
-  $
209  $
2,376  $
2,250  $
982  $
-  $
763  $
60  $

-  $
-  $

1,777  $
8,593  $

8,411  $
-  $
-  $
329  $
1,462  $
238  $
-  $
223  $
372  $
459  $
209  $
1,896  $
2,250  $
9,603  $
95  $
-  $
60  $

-  $
-  $

2,877  $
8,639  $

8,411  $
-  $
-  $
-  $
1,873  $
238  $
-  $
-  $
107  $
-  $
209  $
2,442  $
2,250  $
3,997  $
164  $
958  $
1,260  $

-  $
-  $

1,810  $
8,639  $

8,411  $
600  $
-  $
345  $
1,900  $
238  $
-  $
-  $
1,196  $
-  $
209  $
2,174  $
2,250  $
4,798  $
-  $
2,546  $
578  $

-  $
-  $

1,616  $	-  $	-  $	-  $	-  $
8,639  $	-  $	-  $	-  $	-  $

8,411  $	-  $	-  $	-  $	-  $
615  $	-  $	-  $	-  $	-  $
615  $	-  $	-  $	-  $	-  $
240  $	-  $	-  $	-  $	-  $
1,331  $	-  $	-  $	-  $	-  $
238  $	-  $	-  $	-  $	-  $
-  $	-  $	-  $	-  $	-  $
-  $	-  $	-  $	-  $	-  $
1,116  $	-  $	-  $	-  $	-  $
-  $	-  $	-  $	-  $	-  $
209  $	-  $	-  $	-  $	-  $
2,428  $	-  $	-  $	-  $	-  $
2,250  $	-  $	-  $	-  $	-  $
3,371  $	-  $	-  $	-  $	-  $
-  $	-  $	-  $	-  $	-  $
701  $	-  $	-  $	-  $	-  $
175  $	-  $	-  $	-  $	-  $

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

-  $	13,895
-  $	60,284

-  $	58,876
-  $	2,055
-  $	615
-  $	2,230
-  $	10,149
-  $	1,652
-  $	-
-  $	223
-  $	14,034
-  $	9,931
-  $	1,463
-  $	16,107
-  $	15,750
-  $	28,352
-  $	260
-  $	5,666
-  $	2,256

-  $	45,279
-  $	612

Other Financing Sources/Uses:
Transfer Out - Capital Reserve

$

-  $

-  $

-  $

-  $

-  $

(25,802)  $

-  $

-  $

-  $

-  $

-  $

-  $

(25,802)

Net Change in Fund Balance	$	(147,197)  $	(30,101) $	39,941  $	(52,575) $	718,816  $	(38,425) $	(63,307) $	-  $	-  $	-  $	-  $	-  $	429,866

Total Other Financing Sources/Uses	$	-  $	-  $	-  $	-  $	-  $	(25,802)  $	-  $	-  $	-  $	-  $	-  $	-  $	(25,802)

Excess (Deficiency) of Revenues over Expenditures	$	(147,197)  $	(30,101)  $	39,941  $	(52,575)  $	718,816  $	(12,623)  $	(63,307)  $	-  $	-  $	-  $	-  $	-  $	455,668

Total Expenditures	$	153,436  $	79,716  $	99,026  $	90,632  $	84,640  $	88,392  $	81,853  $	-  $	-  $	-  $	-  $	-  $	677,695

Total Operations & Maintenance	$	126,315  $	72,359  $	88,866  $	81,077  $	77,103  $	73,080  $	74,619  $	-  $	-  $	-  $	-  $	-  $	593,419

Subtotal Amenity Center	$	79,794  $	38,565  $	34,272  $	35,979  $	33,427  $	35,695  $	31,957  $	-  $	-  $	-  $	-  $	-  $	289,688

Randal Park
Community Development District Long Term Debt Report

Series 2012 Special Assessment Bonds	

Interest Rate:	
(5.75% , 6.125% , 6.875%)		
Maturity Date:	11/1/2042		
Maximum Annual Debt Service :	$397,203		
Reserve Fund Requirement	$397,203		
Reserve Fund Balance	$402,496		

Bonds Outstanding - 05/17/2012		
$5,115,000	
Less : November 1, 2013 (Mandatory)		($65,000)	
Less : November 1, 2014 (Mandatory)		($70,000)	
Less : November 1, 2015 (Mandatory)		($70,000)	
Less : November 1, 2016 (Mandatory)		($75,000)	
Less : November 1, 2017 (Mandatory)		($80,000)	
Less : November 1, 2018 (Mandatory)		($85,000)	
Less : November 1, 2019 (Mandatory)		($90,000)	
Less : November 1, 2020 (Mandatory)		($95,000)	
Less : November 1, 2020 (Special Call)		($15,000)	
Less : August 1, 2021 (Special Call)		($5,000)	
Less : November 1, 2021 (Mandatory)		($90,000)	
Less : August 1, 2022 (Special Call)		($5,000)	
Less : November 1, 2022 (Mandatory)		($90,000)	
Less : November 1, 2023 (Mandatory)		($115,000)	
Less : November 1, 2024 (Mandatory)		($135,000)	
Less : February 1, 2025 (Special Call)		($10,000)	
Current Bonds Outstanding		$4,165,000	

Series 2015 Special Assessment Bonds	

Interest Rate:	
(4.25% , 5% , 5.2%)		
Maturity Date:	11/1/2045		
Maximum Annual Debt Service :	$596,080		
Reserve Fund Requirement	$596,080		
Reserve Fund Balance	$597,224		

Bonds Outstanding - 03/18/2015		
$9,055,000	
Less : November 1, 2016 (Mandatory)		($145,000)	
Less : November 1, 2017 (Mandatory)		($150,000)	
Less : February 1, 2018 (Special Call)		($15,000)	
Less : November 1, 2018 (Mandatory)		($155,000)	
Less : November 1, 2018 (Special Call)		($20,000)	
Less : February 1, 2019 (Special Call)		($20,000)	
Less : August 1, 2019 (Special Call)		($5,000)	
Less : November 1, 2019 (Mandatory)		($155,000)	
Less : November 1, 2020 (Mandatory)		($165,000)	
Less : November 1, 2021 (Mandatory)		($170,000)	
Less : February 1, 2022 (Special Call)		($5,000)	
Less : August 1, 2022 (Special Call)		($5,000)	
Less : November 1, 2022 (Mandatory)		($180,000)	
Less : August 1, 2023 (Special Call)		($5,000)	
Less : November 1, 2023 (Mandatory)		($185,000)	
Less : November 1, 2024 (Mandatory)		($190,000)	
Current Bonds Outstanding		$7,485,000	

Series 2018 Special Assessment Bonds	

Interest Rate:	
(4.100% , 4.500% ,		
	5.050%, 5.200%)		
Maturity Date:	5/1/2049		
Maximum Annual Debt Service :	$117,674		
Reserve Fund Requirement	$58,837		
Reserve Fund Balance	$59,052		

Bonds Outstanding - 11/30/2018		
$1,770,000	
Less : May 1, 2020 (Mandatory)		($30,000)	
Less : May 1, 2021 (Mandatory)		($30,000)	
Less : May 1, 2022 (Mandatory)		($30,000)	
Less : May 1, 2023 (Mandatory)		($30,000)	
Less : May 1, 2024 (Mandatory)		($30,000)	
Current Bonds Outstanding		$1,620,000	

Total Bonds Outstanding	$13,270,000

Randal Park
COMMUNITY DEVELOPMENT DISTRICT
Special Assessment Receipts Fiscal Year 2025

Gross Assessments	$ 1,225,189.89	$	420,584.22	$	626,988.89	$	125,190.00	$ 2,397,953.00	
Net Assessments	$ 1,151,678.50	$	395,349.17	$	589,369.56	$	117,678.60	$ 2,254,075.82	
						ON ROLL ASSESSMENTS								
										51.09%		17.54%	26.15%	5.22%	100.00%	
Series 2012 Debt	Series 2015 Debt	Series 2018 Debt	
Date	Distribution	Distribution Period	Gross Amount		Commissions	Discount/Penalty		Interest	Net Receipts	O&M Portion		Service	Service	Service	Total	

11/6/24	
1	
05/12-10/26/24	
$9,101.15		
$0.00	
-$477.82		
$0.00	
$8,623.33	
$4,405.93		
$1,512.47	
$2,254.73	
$450.20	
$8,623.33	
11/13/24	2	10/26-11/01/24	$18,016.48		$0.00	-$720.67		$0.00	$17,295.81	$8,836.98		$3,033.56	$4,522.31	$902.96	$17,295.81	
11/22/24	3	11/02-11/07/24	$56,953.28		($708.28)	-$2,237.50		$0.00	$54,007.50	$27,594.14		$9,472.54	$14,121.25	$2,819.57	$54,007.50	
12/04/24	4	11/08-11/15/24	$119,431.49		$0.00	-$4,777.31		$0.00	$114,654.18	$58,580.45		$20,109.54	$29,978.44	$5,985.75	$114,654.18	
12/11/24	5	11/16-11/19/24	$59,021.11		$0.00	-$2,360.87		$0.00	$56,660.24	$28,949.51		$9,937.81	$14,814.86	$2,958.06	$56,660.24	
12/11/25	5	11/16-11/19/24	$0.00		$0.00	$0.00		$1,264.75	$1,264.75	$646.20		$221.83	$330.69	$66.03	$1,264.75	
12/18/24	6	11/20-11/25/24	$92,060.22		$0.00	-$3,682.47		$0.00	$88,377.75	$45,154.98		$15,500.84	$23,107.99	$4,613.94	$88,377.75	
01/13/25	7	11/26-11/28/24	$65,610.46		$0.00	-$2,624.46		$0.00	$62,986.00	$32,181.54		$11,047.30	$16,468.85	$3,288.31	$62,986.00	
02/12/25	8	12/1/24	$1,626,395.53		$0.00	-$65,056.65		$0.00	$1,561,338.88	$797,737.33		$273,847.94	$408,240.75	$81,512.86	$1,561,338.88	
03/14/25	9	11/29-12/03/24	$133,419.08		$0.00	-$5,272.24		$0.00	$128,146.84	$65,474.26		$22,476.06	$33,506.35	$6,690.17	$128,146.84	
04/11/25	10	12/04-12/08/24	$25,904.90		$0.00	-$940.93		$0.00	$24,963.97	$12,754.88		$4,378.51	$6,527.29	$1,303.29	$24,963.97	
		TOTAL	$ 2,205,913.70	$	(708.28)	$	(88,150.92)	$	1,264.75	$ 2,118,319.25	$ 1,082,316.20	$	371,538.40	$  553,873.51	$  110,591.14	$ 2,118,319.25	
																
										94%			Net Percent Collected			
										$135,756.57		Balance Remaining to Collect		

!!"#$%& 3

RANDAL PARK COMMUNITY DEVELOPMENT DISTRICT
$9,055,000
SPECIAL ASSESSMENT REVENUE BONDS SERIES 2015
ARBITRAGE REBATE REQUIREMENT FEBRUARY 28, 2025

April 25, 2025

Randal Park Community Development District City of Orlando, Florida

1001 Yamato Road ▪ Suite 301 Boca Raton, Florida 33431
(561) 994-9299 ▪ (800) 299-4728
Fax (561) 994-5823
www.graucpa.com

Re:	$9,055,000 Randal Park Community Development District (City of Orlando, Florida),
Special Assessment Revenue Bonds, Series 2015 (the "Bonds")

Randal Park Community Development District has requested that we prepare certain computations related to the above-described Bonds for the year ended February 28, 2025 ("Computation Period"). The engagement consisted of the preparation of computations to be used to assist in the determination of the amount, if any, of the Rebate Requirement for the Bonds for the Computation Period as described in Section 148(f) of the Internal Revenue Code of 1986, as amended (“Code”). You have the ultimate responsibility for your compliance with arbitrage rebate laws; therefore, you should review the calculations carefully.

In order to prepare these computations, we were provided with the following information: various trust statements and the Official Statement for the Bonds. We did not verify or otherwise audit the accuracy of information provided to us by you or the Trustee, and accordingly, we express no opinion on such information. The attached schedules are based upon the aforementioned information provided to us. A brief description of the attached schedules is attached.

The results of our computations based on the information provided to us indicate a negative Rebate Requirement of ($746,383) for February 28, 2025. Consequently, our results indicate no amount must be on deposit in the Rebate Fund.

The Rebate Requirement has been determined as described in the Code and the Arbitrage Rebate Regulations. We have no obligation to update this report because of events occurring, or information coming to our attention, subsequent to the date of this report. It is understood that these calculations are solely for the information of, and assistance to, the addressee for the purpose of complying with the Code and the Arbitrage Rebate Regulations. Our report is not to be used for any other purpose.

Grau & Associates

DESCRIPTION OF ATTACHED SCHEDULES

Summary of Rebate Calculations - Provides a summary of the rebate calculations.

Purpose Expenditures Future Value Report - Verifies the rebate calculation. The report future values the purpose expenditures by the arbitrage yield limit to the computation date (February 28, 2025).

Arbitrage Yield Limit (AYL) Verification Report - Verifies the calculation of the arbitrage yield limit and the arbitrage gross proceeds. Discounts the debt service schedule by the arbitrage yield limit.

True Interest Cost (TIC) Verification Report - Verifies the calculation of the true interest cost and the gross proceeds. Discounts the debt service schedule by the true interest cost.

Summary of Rebate Calculations
$	9,055,000		

Anniversary Date	
….............................................................................................................................	
11/01/15	
Future‐Value Date	….............................................................................................................................	02/28/25	
Arbitrage Yield Limit	….............................................................................................................................	5.1385190%	
Internal Rate of Return	….............................................................................................................................	0.8794716%	
90% of rebate liability	….............................................................................................................................	(671,745.44)	
Full rebate liability	….............................................................................................................................	(746,383.82)	

Purpose Expenditures Future Value Report			Future Valued To:	2/28/2025	
$	9,055,000				Arbitrage Yield Limit (AYL):	5.1385190%	
					Internal Rate of Return (IRR):	0.8794716%	
						Full Rebate Liability:	(746,383.82)	
		Group  Fund		Future Value	Calculation Amt		FV	FV	
Transaction Date	ID	ID	Description	Periods	(Int. Earnings)	Pool %	Factor	Amount	
	3/30/2015	‐1 COI	Beg. Arbitrage Gross Proceeds	19.8222222	(8,970,478.05)	100.00	1.6534299	(14,832,056.58)	
	3/30/2015	2016	Underwriter's discount	19.8222222	181,100.00	100.00	1.6534299	299,436.15	
	4/7/2015	2016	COI	19.7833333	150,000.00	100.00	1.6517995	247,769.93	
	4/8/2015	2016	COI	19.7777778	8,500.00	100.00	1.6515668	14,038.32	
	4/13/2015	2016	COI	19.7500000	1,450.00	100.00	1.6504034	2,393.08	
	5/29/2015	2016	Construction	19.4944444	5,010,837.00	100.00	1.6397385	8,216,462.20	
	9/25/2015	2016	Construction	18.8500000	7,972.00	100.00	1.6131494	12,860.03	
	10/28/2015	2016	Cap int	18.6666667	262,969.00	100.00	1.6056644	422,239.96	
	1/6/2016	2016	Reserve	18.2888889	29.00	100.00	1.5903500	46.12	
	1/19/2016	2016	Construction	18.2166667	1,014.00	100.00	1.5874389	1,609.66	
	3/16/2016	2017	Reserve	17.9000000	154.00	100.00	1.5747378	242.51	
	9/22/2016	2017	Reserve	16.8666667	616.00	100.00	1.5339944	944.94	
	11/4/2016	2017	Construction	16.6333333	1,599,702.00	100.00	1.5249412	2,439,451.47	
	1/6/2017	2017	Reserve	16.2888889	392.00	100.00	1.5116745	592.58	
	3/16/2017	2018	Reserve	15.9000000	549.00	100.00	1.4968346	821.76	
	5/22/2017	2018	Construction	15.5333333	1,154,697.00	100.00	1.4829761	1,712,388.06	
	5/25/2017	2018	Construction	15.5166667	3,500.00	100.00	1.4823492	5,188.22	
	6/26/2017	2018	Reserve	15.3444444	868.00	100.00	1.4758871	1,281.07	
	9/14/2017	2018	Reserve	14.9111111	1,208.00	100.00	1.4597517	1,763.38	
	3/15/2018	2019	Reserve	13.9055556	2,994.00	100.00	1.4229858	4,260.42	
	10/1/2018	2019	Reserve	12.8166667	(4,873.00)	100.00	1.3842166	(6,745.29)	
	12/21/2018	2019	Reserve	12.3722222	12,714.00	100.00	1.3686976	17,401.62	
	3/21/2019	2020	Reserve	11.8722222	3,304.00	100.00	1.3514466	4,465.18	
	7/1/2019	2020	Reserve	11.3166667	3,434.00	100.00	1.3325337	4,575.92	
	9/27/2019	2020	Reserve	10.8388889	3,248.00	100.00	1.3164805	4,275.93	
	12/20/2019	2020	Reserve	10.3777778	2,596.00	100.00	1.3011707	3,377.84	
	10/5/2020	2021	Construction	8.7944444	2,765.00	100.00	1.2499434	3,456.09	
	1/7/2021	2021	Construction	8.2833333	15.00	100.00	1.2338413	18.51	
	4/1/2021	2022	Reserve	7.8166667	17.00	100.00	1.2193207	20.73	
	7/21/2021	2022	Reserve	7.2055556	15.00	100.00	1.2005637	18.01	
	10/1/2021	2022	Reserve	6.8166667	15.00	100.00	1.1887779	17.83	
	12/23/2021	2022	Reserve	6.3611111	15.00	100.00	1.1751188	17.63	
	4/4/2022	2023	Reserve	5.8000000	17.00	100.00	1.1585102	19.69	
	7/8/2022	2023	Reserve	5.2777778	388.00	100.00	1.1432638	443.59	
	10/12/2022	2023	Reserve	4.7555556	1,260.00	100.00	1.1282179	1,421.55	
	12/19/2022	2023	Reserve	4.3833333	5,143.00	100.00	1.1176148	5,747.89	
	3/22/2023	2024	Reserve	3.8666667	6,007.00	100.00	1.1030620	6,626.09	
	6/23/2023	2024	Reserve	3.3611111	7,060.00	100.00	1.0890056	7,688.38	
	9/1/2023	2024	Reserve	2.9833333	7,646.00	100.00	1.0786189	8,247.12	
	4/1/2024	2025	Reserve	1.8166667	15,685.18	100.00	1.0471638	16,424.95	
	6/21/2024	2025	Reserve	1.3722222	7,871.90	100.00	1.0354236	8,150.75	
	9/30/2024	2025	Reserve	0.8222222	7,828.56	100.00	1.0210773	7,993.56	
	2/3/2025	2025	Reserve	0.1388889	9,425.05	100.00	1.0035296	9,458.32	
	2/28/2025	‐1	Unspent Proceeds as of 02/28/2025	‐	598,761.00	100.00	1.0000000	598,761.00	
Total					108,430.64			(746,383.82)	

Period	Coupon Date	Principal Payment	Coupon Rate	Interest Payment	Cred. Enh./ Sinking Fund Adj	Periodic Debt Service	Present Value Factor	Discounted Debt Service	
2	11/01/2015			262,969.01	-	262,969.01	0.9707008	255,264.22	
3	05/01/2016			224,333.75	-	224,333.75	0.9463857	212,306.24	
4	11/01/2016	145,000.00	4.250	224,333.75	-	369,333.75	0.9226796	340,776.73	
5	05/01/2017			221,252.50	-	221,252.50	0.8995674	199,031.54	
6	11/01/2017	150,000.00	4.250	221,252.50	-	371,252.50	0.8770341	325,601.11	
7	05/01/2018			218,065.00	-	218,065.00	0.8550653	186,459.81	
8	11/01/2018	155,000.00	4.250	218,065.00	-	373,065.00	0.8336467	311,004.42	
9	05/01/2019			214,771.25	-	214,771.25	0.8127647	174,558.49	
10	11/01/2019	165,000.00	4.250	214,771.25	-	379,771.25	0.7924057	300,932.92	
11	05/01/2020			211,265.00	-	211,265.00	0.7725567	163,214.20	
12	11/01/2020	170,000.00	4.250	211,265.00	-	381,265.00	0.7532050	287,170.69	
13	05/01/2021			207,652.50	-	207,652.50	0.7343379	152,487.10	
14	11/01/2021	180,000.00	4.250	207,652.50	-	387,652.50	0.7159435	277,537.27	
15	05/01/2022			203,827.50	-	203,827.50	0.6980098	142,273.59	
16	11/01/2022	185,000.00	4.250	203,827.50	-	388,827.50	0.6805253	264,606.96	
17	05/01/2023			199,896.25	-	199,896.25	0.6634788	132,626.93	
18	11/01/2023	195,000.00	4.250	199,896.25	-	394,896.25	0.6468593	255,442.32	
19	05/01/2024			195,752.50	-	195,752.50	0.6306561	123,452.52	
20	11/01/2024	200,000.00	4.250	195,752.50	-	395,752.50	0.6148588	243,331.91	
21	05/01/2025			191,502.50	-	191,502.50	0.5994572	114,797.55	
22	11/01/2025	210,000.00	4.250	191,502.50	-	401,502.50	0.5844414	234,654.68	
23	05/01/2026			187,040.00	-	187,040.00	0.5698017	106,575.71	
24	11/01/2026	220,000.00	5.000	187,040.00	-	407,040.00	0.5555287	226,122.42	
25	05/01/2027			181,540.00	-	181,540.00	0.5416133	98,324.48	
26	11/01/2027	230,000.00	5.000	181,540.00	-	411,540.00	0.5280464	217,312.22	
27	05/01/2028			175,790.00	-	175,790.00	0.5148194	90,500.09	
28	11/01/2028	240,000.00	5.000	175,790.00	-	415,790.00	0.5019236	208,694.83	
29	05/01/2029			169,790.00	-	169,790.00	0.4893509	83,086.90	
30	11/01/2029	255,000.00	5.000	169,790.00	-	424,790.00	0.4770932	202,664.41	
31	05/01/2030			163,415.00	-	163,415.00	0.4651425	76,011.25	
32	11/01/2030	265,000.00	5.000	163,415.00	-	428,415.00	0.4534911	194,282.39	
33	05/01/2031			156,790.00	-	156,790.00	0.4421316	69,321.81	
34	11/01/2031	280,000.00	5.000	156,790.00	-	436,790.00	0.4310566	188,281.22	
35	05/01/2032			149,790.00	-	149,790.00	0.4202591	62,950.61	
36	11/01/2032	295,000.00	5.000	149,790.00	-	444,790.00	0.4097320	182,244.70	
37	05/01/2033			142,415.00	-	142,415.00	0.3994686	56,890.32	
38	11/01/2033	310,000.00	5.000	142,415.00	-	452,415.00	0.3894623	176,198.59	
39	05/01/2034			134,665.00	-	134,665.00	0.3797067	51,133.20	
40	11/01/2034	325,000.00	5.000	134,665.00	-	459,665.00	0.3701954	170,165.86	
41	05/01/2035			126,540.00	-	126,540.00	0.3609224	45,671.11	
42	11/01/2035	340,000.00	5.000	126,540.00	-	466,540.00	0.3518816	164,166.84	

Period	Coupon Date	Principal Payment	Coupon Rate	Interest Payment	Cred. Enh./ Sinking Fund Adj	Periodic Debt Service	Present Value Factor	Discounted Debt Service	
43	05/01/2036			118,040.00	-	118,040.00	0.3430673	40,495.67	
44	11/01/2036	360,000.00	5.200	118,040.00	-	478,040.00	0.3344738	159,891.86	
45	05/01/2037			108,680.00	-	108,680.00	0.3260956	35,440.07	
46	11/01/2037	375,000.00	5.200	108,680.00	-	483,680.00	0.3179272	153,775.03	
47	05/01/2038			98,930.00	-	98,930.00	0.3099634	30,664.68	
48	11/01/2038	395,000.00	5.200	98,930.00	-	493,930.00	0.3021992	149,265.23	
49	05/01/2039			88,660.00	-	88,660.00	0.2946294	26,121.84	
50	11/01/2039	415,000.00	5.200	88,660.00	-	503,660.00	0.2872492	144,675.92	
51	05/01/2040			77,870.00	-	77,870.00	0.2800539	21,807.79	
52	11/01/2040	440,000.00	5.200	77,870.00	-	517,870.00	0.2730388	141,398.60	
53	05/01/2041			66,430.00	-	66,430.00	0.2661994	17,683.63	
54	11/01/2041	460,000.00	5.200	66,430.00	-	526,430.00	0.2595314	136,625.12	
55	05/01/2042			54,470.00	-	54,470.00	0.2530304	13,782.57	
56	11/01/2042	485,000.00	5.200	54,470.00	-	539,470.00	0.2466922	133,083.06	
57	05/01/2043			41,860.00	-	41,860.00	0.2405128	10,067.87	
58	11/01/2043	510,000.00	5.200	41,860.00	-	551,860.00	0.2344882	129,404.67	
59	05/01/2044			28,600.00	-	28,600.00	0.2286145	6,538.38	
60	11/01/2044	535,000.00	5.200	28,600.00	-	563,600.00	0.2228880	125,619.65	
61	05/01/2045			14,690.00	-	14,690.00	0.2173048	3,192.21	
62	11/01/2045	565,000.00	5.200	14,690.00	-	579,690.00	0.2118616	122,814.03	
		9,055,000.00		9,011,616.51	0.00	18,066,616.51		8,970,478.01	
True Interest Cost (TIC). . . . . . . . . . . . . . . . . .	5.3148123		Face value of bond Issue. . . . . . . . . . . . . . .	$9,055,000.00	
Net Interest Cost (NIC). . . . . . . . . . . . . . . . . . .	5.2380562		Accrued interest (+) . . . . . . . . . . . . . . . . . . .		
Arbitrage Yield Limit (AYL) . . . . . . . . . . . . . . .	5.1385190		Original issue premium/discount (+). . . . . .	($84,521.95)	
Arbitrage Net Interest Cost (ANIC). . . . . . . . .	5.1823687		Bond surety fee (-). . . . . . . . . . . . . . . . . . . . .	$0.00	
			Lump-sum credit enhancements (-). . . . . . . .
Other AYL costs (-) . . . . . . . . . . . . . . . . . . . .	$0.00	
			= AYL Target. . . . . . . . . . . . . . . . .	$8,970,478.05	

Special Assessment Revenue Bonds, Series 2015					FMSbonds, Inc	
T.I.C. Verification Report (Regular)					Dated:	3/30/2015	
9,055,000.00						Delivered:	3/30/2015	
	Coupon	Principal	Coupon	Interest	Credit	Periodic	Present Value	Discounted	
Period	Date	Payment	Rate	Payment	Enhancements	Debt Service	Factor	Debt Service	
2	11/1/2015			262,969.01	-	262,969.01	0.9697238	255,007.31	
3	5/1/2016			224,333.75	-	224,333.75	0.9446214	211,910.45	
4	11/1/2016	145,000.00	4.250	224,333.75	-	369,333.75	0.9201687	339,849.37	
5	5/1/2017			221,252.50	-	221,252.50	0.8963491	198,319.48	
6	11/1/2017	150,000.00	4.250	221,252.50	-	371,252.50	0.8731461	324,157.66	
7	5/1/2018			218,065.00	-	218,065.00	0.8505437	185,473.81	
8	11/1/2018	155,000.00	4.250	218,065.00	-	373,065.00	0.8285264	309,094.19	
9	5/1/2019			214,771.25	-	214,771.25	0.8070790	173,337.37	
10	11/1/2019	165,000.00	4.250	214,771.25	-	379,771.25	0.7861868	298,571.15	
11	5/1/2020			211,265.00	-	211,265.00	0.7658355	161,794.23	
12	11/1/2020	170,000.00	4.250	211,265.00	-	381,265.00	0.7460109	284,427.85	
13	5/1/2021			207,652.50	-	207,652.50	0.7266996	150,900.98	
14	11/1/2021	180,000.00	4.250	207,652.50	-	387,652.50	0.7078881	274,414.59	
15	5/1/2022			203,827.50	-	203,827.50	0.6895636	140,552.02	
16	11/1/2022	185,000.00	4.250	203,827.50	-	388,827.50	0.6717134	261,180.66	
17	5/1/2023			199,896.25	-	199,896.25	0.6543254	130,797.19	
18	11/1/2023	195,000.00	4.250	199,896.25	-	394,896.25	0.6373874	251,701.89	
19	5/1/2024			195,752.50	-	195,752.50	0.6208879	121,540.35	
20	11/1/2024	200,000.00	4.250	195,752.50	-	395,752.50	0.6048155	239,357.24	
21	5/1/2025			191,502.50	-	191,502.50	0.5891591	112,825.44	
22	11/1/2025	210,000.00	4.250	191,502.50	-	401,502.50	0.5739081	230,425.52	
23	5/1/2026			187,040.00	-	187,040.00	0.5590518	104,565.04	
24	11/1/2026	220,000.00	5.000	187,040.00	-	407,040.00	0.5445801	221,665.87	
25	5/1/2027			181,540.00	-	181,540.00	0.5304830	96,303.88	
26	11/1/2027	230,000.00	5.000	181,540.00	-	411,540.00	0.5167508	212,663.63	
27	5/1/2028			175,790.00	-	175,790.00	0.5033741	88,488.14	
28	11/1/2028	240,000.00	5.000	175,790.00	-	415,790.00	0.4903437	203,880.01	
29	5/1/2029			169,790.00	-	169,790.00	0.4776506	81,100.29	
30	11/1/2029	255,000.00	5.000	169,790.00	-	424,790.00	0.4652860	197,648.86	
31	5/1/2030			163,415.00	-	163,415.00	0.4532416	74,066.47	
32	11/1/2030	265,000.00	5.000	163,415.00	-	428,415.00	0.4415089	189,149.03	
33	5/1/2031			156,790.00	-	156,790.00	0.4300799	67,432.23	
34	11/1/2031	280,000.00	5.000	156,790.00	-	436,790.00	0.4189468	182,991.77	
35	5/1/2032			149,790.00	-	149,790.00	0.4081019	61,129.58	
36	11/1/2032	295,000.00	5.000	149,790.00	-	444,790.00	0.3975377	176,820.79	
37	5/1/2033			142,415.00	-	142,415.00	0.3872470	55,149.78	
38	11/1/2033	310,000.00	5.000	142,415.00	-	452,415.00	0.3772226	170,661.17	
39	5/1/2034			134,665.00	-	134,665.00	0.3674578	49,483.70	
40	11/1/2034	325,000.00	5.000	134,665.00	-	459,665.00	0.3579457	164,535.11	
41	5/1/2035			126,540.00	-	126,540.00	0.3486799	44,121.95	
42	11/1/2035	340,000.00	5.000	126,540.00	-	466,540.00	0.3396539	158,462.12	

Special Assessment Revenue Bonds, Series 2015
T.I.C. Verification Report (Regular)
9,055,000.00

FMSbonds, Inc
Dated:	3/30/2015
Delivered:	3/30/2015

Period	Coupon Date	Principal Payment	Coupon Rate	Interest Payment	Credit Enhancements	Periodic Debt Service	Present Value Factor	Discounted Debt Service	
43	5/1/2036			118,040.00	-	118,040.00	0.3308615	39,054.90	
44	11/1/2036	360,000.00	5.200	118,040.00	-	478,040.00	0.3222968	154,070.77	
45	5/1/2037			108,680.00	-	108,680.00	0.3139538	34,120.50	
46	11/1/2037	375,000.00	5.200	108,680.00	-	483,680.00	0.3058267	147,922.27	
47	5/1/2038			98,930.00	-	98,930.00	0.2979100	29,472.24	
48	11/1/2038	395,000.00	5.200	98,930.00	-	493,930.00	0.2901983	143,337.65	
49	5/1/2039			88,660.00	-	88,660.00	0.2826862	25,062.96	
50	11/1/2039	415,000.00	5.200	88,660.00	-	503,660.00	0.2753685	138,692.11	
51	5/1/2040			77,870.00	-	77,870.00	0.2682403	20,887.87	
52	11/1/2040	440,000.00	5.200	77,870.00	-	517,870.00	0.2612966	135,317.66	
53	5/1/2041			66,430.00	-	66,430.00	0.2545326	16,908.60	
54	11/1/2041	460,000.00	5.200	66,430.00	-	526,430.00	0.2479437	130,525.02	
55	5/1/2042			54,470.00	-	54,470.00	0.2415254	13,155.89	
56	11/1/2042	485,000.00	5.200	54,470.00	-	539,470.00	0.2352733	126,922.87	
57	5/1/2043			41,860.00	-	41,860.00	0.2291829	9,593.60	
58	11/1/2043	510,000.00	5.200	41,860.00	-	551,860.00	0.2232503	123,202.90	
59	5/1/2044			28,600.00	-	28,600.00	0.2174712	6,219.68	
60	11/1/2044	535,000.00	5.200	28,600.00	-	563,600.00	0.2118417	119,393.97	
61	5/1/2045			14,690.00	-	14,690.00	0.2063579	3,031.40	
62	11/1/2045	565,000.00	5.200	14,690.00	-	579,690.00	0.2010161	116,527.03	
		9,055,000.00		9,011,616.51	0.00	18,066,616.51		8,789,378.06	
True Interest Cost (TIC) . . . . . . . . . . . . . . . . . . . . .	5.3148123		Face value of bond Issue. . . . . . . . . . . . . . . .	$9,055,000.00	
Net Interest Cost (NIC). . . . . . . . . . . . . . . . . . . . . .	5.2380562		Accrued interest (+) . . . . . . . . . . . . . . . . . . .		
Arbitrage Yield Limit (AYL) . . . . . . . . . . . . . . . . . .	5.1385190		Original issue premium/discount (+) . . . . . .	($84,521.95)	

Arbitrage Net Interest Cost (ANIC) . . . . . . . . . . . .

5.1823687

Underwriter discount (+) . . . . . . . . . . . . . . . Lump-sum credit enhancements (-) . . . . . . . Other TIC costs (-) . . . . . . . . . . . . . . . . . . . .

($181,100.00)
$0.00

Bond surety fee (-) . . . . . . . . . . . . . . . . . . . .	N/A
= TIC Target . . . . . . . . . . . . . . . .	$8,789,378.05

!!"#$%& 4

April 18, 2025

Jason Showe, District Manager Randal Park CDD
Governmental Management Services 219 East Livingston Street
Orlando, FL 32801

To whom it may concern,

Per the requirements of Chapter 190.006, Florida Statutes, the Orange County Supervisor of Elections Office Mapping Department has determined the number of registered voters in the district as of April 15, 2025 . Our research is based on the most recent legal description provided to us by the District Office.

As of April 15, 2025, there are 1,619 registered voter(s) in the
Randal Park CDD.

A map and list of addresses can be provided upon request. Please contact the Mapping Department at 407-254-6554 with any questions.

Sincerely,

Mapping Department
Orange County Supervisor of Elections Phone: 407-254-6554
119 W. Kaley Street Orlando, FL 32806
soemapping@ocfelections.gov

119 West Kaley Street, Orlando ■ Reply to: Post Office Box 562001, Orlando, Florida 32856 Phone(407) 836-2070 ■ Fax (407) 254-6596 ■ Internet: www.ocfelections.gov

!!"#$%& "

Randal Park CDD
Field Management Report

May 16th, 2025 Jarett Wright Field Manager GMS

Site Items

General Facility Maintenance
Conducted minor bridge repairs to improve resident safety. Gathering proposals to change the floorboard materials in the future.
Repaired pothole at alleyway road catch basin. Installed new mirror in alleyway to improve visibility.
Terry’s Electric repaired electrical issues at the front entrance monument. New TVs were installed in the meeting room, and a new outdoor clock was ordered.

Site Items

Amenity Maintenance

Pressure washing vendor cleaned the CDD areas. The vendor will now service the community on a semi-annual basis at the same cost.
Potential fountain leaks are being investigated by SPIES.
Turf conditions are improving with the change to irrigation schedules and increased rainfall.
Adjustments will be made in various areas to mitigate standing water issues.
Dog park sod installation scheduled for 5/15/25.

3

Randal Park CDD Field Management Report | GMS 2024

robin02@mindspring.com

Conclusion

For any questions or comments regarding the above information, please contact me by phone at 407-750-3599, or by email at JWright@gmscfl.com. Thank you.

Respectfully, Jarett Wright

4

Randal Park CDD Field Management Report | GMS 2024

!!"#$%& "

This item will be provided under separate cover

!!"#$%& "

Randal Park Amenity Report
April 2025

FACILITY REPORT
Pool, Gym and Randal House Clubhouse 
The BBQ areas are opened (9am - 8pm) Daily
- Gym (24/7)
Pool (7am - 8pm)
Randal House Clubhouse (10am - 6pm) Mon - Fri
Onsite office staff is open from (9am - 5pm) Mon - Fri
Pool attendant is onsite Saturdays and Sundays.

April Randal House Rentals: 4

April Events:
Community Garage Sale, Saturday, April 5, 2025
Happy Hoppy Easter: Saturday, April 12th

May Events:
Jewelry Workshop, Friday, May 2, 2025
Community Garage Sale, Saturday, May 3, 2025

800
600
400
200
0

 Pool	 Gym
Randal Park Usage Report

February	March	April

Happy Hoppy Easter Saturday, April 12th 6:00pm- 8:30pm
Total Guest Participation: 185 Children: 85 Adults:100