Title: Montecito CDD 2026-09-02 Regular Meeting Agenda
Company: PFM FA LLC
Category: RFP #

Montecito Community Development District
3501 Quadrangle Blvd., Suite 270, Orlando, FL 32817
Phone: 407-723-5900; Fax: 407-723-5901
www.montecitocdd.org

The meeting of the Montecito Community Development District Board of Supervisors will be held on Wednesday September 2, 2026, at 9:30 a.m. at Montecito Beach Club, 208 Montecito Drive, Satellite Beach, Florida, 32937. The agenda is as follows:
ATTENDEES: Please identify yourself each time you speak to facilitate accurate transcription of meeting minutes.
Please use the following information to attend the telephone conference:
Conference Call: 1-844-621-3956	Meeting number (access code): 2538 286 6774 Join online: https://pfmcdd.webex.com/meet/ripollv

BOARD OF SUPERVISORS’ MEETING AGENDA
Organizational Matters
Call to Order/Roll Call
Pledge of Allegiance
Public Comment Period (where members of the public desiring to speak on a specific agenda item may address the Board, limited to 3 minutes per person)

Administrative Matters
Consideration of the Minutes of the:
August 5, 2026, Board of Supervisors Meeting

Vendor Reports
ProGreen Services LLC Monthly Executive Summary
Review of ProGreen Services LLC Proposals
Review and Consideration of Estimate 11475
District Counsel: Billing Cochran, P.A.
District Engineer: Culpepper and Terpening, Inc.
Old Business Matters
Capital Project Updates
Review and Consideration of Engineers Report Proposal
Review and Consideration NM Maintenance Paver Replacement
Review and Consideration of Gym Maintenance Quotes
Review and Consideration of NM Maintenance Pressure Washing Proposal
Review and Consideration of NM Maintenance Pool Furniture Restoration

New Business Matters
Discussion of Appeal Letter
Ratification of Payment Authorization Nos. 75-79
Review of District Financial Statements
Staff Reports
District Manager: PFM Management Services LLC
Next Meeting: September 2, 2026
General Manager: Coastal Bay Asset Management
General Manager’s Report
Supervisor Requests & Comments Adjournment

Montecito Community Development District

Review and Consideration of the August 5, 2026 Board of Supervisors Meeting Minutes

MONTECITO COMMUNITY DEVELOPMENT DISTRICT BOARD OF SUPERVISORS’ MEETING
Wednesday, August 5, 2026
208 Montecito Drive, Satellite Beach, Florida 32937 9:30 a.m.

Board Members present at roll call:

Mark Nehiba Rich Wellman Rich Adams Debra Reitz Tanja Glynn

Chairperson
Vice Chairperson Assistant Secretary Assistant Secretary Assistant Secretary

(via phone)

Also present were: | |
Venessa Ripoll Gazmin Kerr | District Manager- PFM Group Consulting LLC ADM – PFM Group Consulting LLC | (via phone)
Rick Montejano	District Accountant- PFM Group Consulting LLC (via phone) Ginger Wald	District Counsel – Billing, Cochran, Lyles, Mauro (via phone)
& Ramsey,P.A.
Thomas Degrace	District Engineer – Culpepper & Terpening, Inc.	(via phone) Kisha Wagner	 General Manager – Coastal Bay Asset Mgmt. LLC
Rusty Kahoe	ProGreen Services, LLC
Robert Wagner	Coastal Bay Asset Management Various Audience Members

FIRST ORDER OF BUSINESS	Organizational Matters

Call to Order, Roll Call and Pledge of Allegiance

Ms. Ripoll called the meeting to order at 9:30 a.m. and a quorum was established. The Pledge of Allegiance was recited.

Public Comment Period

A resident commented on her experience at the Pool and getting a restricted parking area sticker placed on her car window. The resident struggled getting the glue residue off the window and her husband threatened the Community Manager, Ms. Wagner. The resident

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and her spouse had their community privileges suspended and the husband was Trespassed. She expressed concern that there was no signage for restricted parking until after the incident and requested their privileges be reinstated and the trespassing be removed. A board member asked Ms. Wald if the Board of Supervisors was allowed to reinstate privileges and Ms. Wald stated she would need more information. Ms. Ripoll will follow up with Ms. Wald and then the resident. The resident then asked why she lost her privileges. Ms. Wagner gave a brief overview of the incident. A Board member stated the cards are provided by address, and all were deactivated based on that. Another Board clarified that the resident is requesting her privileges be reinstated. The Board briefly discussed options and decided not to grant the request. This will be added to the next agenda. Mr. Wagner, owner of Coastal Bay Asset Management, provided further explanations on the subject.

A resident noted her experience with Coastal Bay Asset Management and requested the CDD to look at other companies based on lack of customer service.

A resident requested the Board to hold off until next year on re-sodding the easement area on Montecito Drive. He commented on the orange flags placed in his yard for over three weeks. He expressed concerns about the condition of the Sod recently put down.

There was discussion amongst members regarding Progreen spot spraying and if advanced notification can be provided.

Several residents spoke on behalf of the residents who were trespassed.

SECOND ORDER OF BUSINESS	Administrative Matters
Consideration of the Minutes of the: July 1, 2026, Board of Supervisors Meeting Minutes

The Board reviewed the minutes.

On motion by Ms. Glynn, seconded by Mr. Nehiba, with all in favor, the Board of Supervisors for the Montecito Community Development District approved July 1, 2026, Board of Supervisors Meeting Minutes.

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THIRD ORDER OF BUSINESS	Vendor Report

ProGreen Services LLC Monthly	Executive Summary
Review of ProGreen
Services	LLC Proposals
Discussion	of
Landscaping behind 149-159 Montecito Drive

Mr. Kahoe reviewed the ProGreen Proposals with the Board. 11687 Proposal for Irrigation for $2,832.00

On motion by Ms. Reitz, seconded by Mr. Adams with all in favor, the Board of Supervisors for the Montecito Community Development District approved Proposal 11687.

Mr. Kahoe noted Proposal 11327 was for cleaning up a hedge line, located on the East side of the Clubhouse.

There was discussion amongst the Board regarding available funds.
A motion was made for approval of proposal 11327 then withdrawn. Proposal 11327 was deferred.
Mr. Kahoe noted proposal 11515 was for grass behind the clubhouse in the amount of
$5,000.

There was brief discussion regarding the grass. Board agreed to Table the proposal 11515.

Mr. Kahoe noted Proposal 11475 is for viburnum replacements. The Board agreed to Table proposal 11475 in the amount of $1,300.

There was lengthy discussion about Landscaping issues throughout the community.

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District Counsel: Billing Cochran, P.A

Ms. Wald reminded the Board about Ethics Training.

District Engineer: Culpepper and Terpening, Inc
Discussion	of
Updated	Quote	to Review Ponds

Mr. Degrace noted a budget for the Lake Bank Study and Annual Engineers report was submitted for review.

Mr. Degrace noted the possibility of grading slopes prior to Landscaping. Mr. Degrace noted he is monitoring meter data for the CUP Permit.

FOURTH ORDER OF BUSINESS	General Business Matters Capital Project Updates
Ms. Glynn noted there were no updates on the capital projects.

Review of Reserve Analysis By: FCS Management Group, LLC

Ms. Ripoll presented the Reserve Analysis to the Board.

On motion by Ms. Reitz, seconded by Ms. Glynn, with all in favor, the Board of Supervisors for the Montecito Community Development District accepted for the record 2026 infrastructure planning.

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Review	and	Consideration	NM Maintenance Paver Replacement

The Board agreed to Table the discussion.

FIFTH ORDER OF BUSINESS	New Business Matters

Public Hearing on the Adoption of the District’s Annual Budget
Public Comments
Board Comments
Consideration of Resolution 2026-08, Adopting the Fiscal Year 2027 Budget and Appropriating Funds

On motion by Ms. Glynn, seconded by Mr. Nehiba, with all in favor, the Board of Supervisors for the Montecito Community Development District opened the Public Hearing.

Several Board members commented on the success of the Budget and that it is staying the same as last year.

Mr. Wellman reviewed the Budget and questioned if there were Payroll taxes for Supervisor fees. He suggested the comment be corrected.

Mr. Wellman discussed the new asphalt and the quotes provided and the potential increase for residents.

There were no public comments.

On motion by Mr. Adams, seconded by Mr. Wellman, with all in favor, the Board of Supervisors for the Montecito Community Development District closed the Public Hearing.

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On motion by Ms. Glynn, seconded by Ms. Reitz, with all in favor, the Board of Supervisors for the Montecito Community Development District approved Consideration of Resolution 2026-08, Adopting the Fiscal Year 2027 Budget and Appropriating Funds.

Consideration of Resolution 2026-09, Levying O&M Assessments and Certifying an Assessment Roll

Ms. Ripoll stated this Assessment goes to the tax collector.

On motion by Ms. Glynn seconded by Mr. Adams, with all in favor, the Board of Supervisors for the Montecito Community Development District approved Resolution 2026-09, Levying O&M Assessments and Certifying an Assessment Roll.

Consideration of Resolution 2026-10, Adopting the Annual Meeting Schedule for Fiscal Year 2026-2027

The Board reviewed the meeting schedule.
A Board member requested to remove the Asterisk from May 2027.
Ms. Glynn noted that the meeting schedule will still be held on the first Wednesday of the Month at 9:00 am at Montecito Beach Club, 208 Montecito Drive, Satellite Beach, FL 32937.

On motion by Ms. Glynn, seconded by Ms. Reitz, with all in favor, the Board of Supervisors for the Montecito Community Development District approved Resolution 2026-10, Adopting the Annual Meeting Schedule for Fiscal Year 2026-2027.

Review and Consideration of Gym Maintenance Quotes

Ms. Reitz noted multiple issues with the current Gym Maintenance Company. She Provided a quote from a General Maintenance Company.

The board discussed getting additional quotes and potential maintenance issues.

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The Board agreed to Table the discussion.

Review and Consideration of NM Maintenance Pressure Washing Proposal

The Board agreed to Table the discussion.

Review and Consideration of NM Maintenance Pool Furniture Restoration

Ms. Reitz noted this was to Powder Coat all the pool furniture and repair anything broken.

The Board discussed furniture restoration and maintenance and agreed to Table the discussion.

Review and Consideration of NM Maintenance Roof Tile Cleaning

The Board discussed the cost of Roof Tile Cleaning.

Ms. Ripoll noted that the current Budget, under common areas repair and maintenance, has room in the Budget to cover the $2,250.00.

On motion by Ms. Glynn, seconded by Mr. Nehiba, with all in favor, the Board of Supervisors for the Montecito Community Development District approved NM Maintenance Roof Tile Cleaning proposal.

Review and Consideration of NM Maintenance Amenity Center Concrete Curb Removal

The Board reviewed and discussed the Curb removal.

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On motion by Mr. Adams, seconded by Mr. Nehiba, with all in favor, the Board of Supervisors for the Montecito Community Development District approved NM Maintenance Amenity Center Concrete Curb Removal proposal.

Ratification	of	Payment Authorization Nos. 69-74

The Board reviewed the Payment Authorizations.

On motion by Ms. Reitz, seconded by Mr. Adams, with all in favor, the Board of Supervisors for the Montecito Community Development District ratified Payment Authorization Nos. 69-74.

Review of the District Financial Statements

Ms. Ripoll stated the financials are as of June 30, 2026.

On motion by Ms. Glynn, seconded by Mr. Nehiba, with all in favor, the Board of Supervisors for the Montecito Community Development District approved the District Financial Statements.

SIXTH ORDER OF BUSINESS | Other Business
| Staff Reports
District Manager - |
Ms. Ripoll reminded the Board that the next meeting is scheduled for September 2, 2026.

General Manager – General Manager’s Report
Ms. Wagner noted there is a new weekend employee. He has started pressure washing and cleaning up the pool shower area.
Ms. Ripoll noted that the website has been updated with a tab to request realtor signs and parking.

Ms. Wagner gave a brief overview of how the rules and regulations are being implemented for open houses.

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Ms. Wagner noted the implementation of timers for the lights in the clubhouse.

Mr. Wellman questioned the timeframe for replies and approvals. Ms. Wagner noted that during business hours, she responds and approves right away.
There was brief discussions regarding the gate.

Ms. Wagner briefly discussed an altercation with another resident.

Supervisors Requests & Audience Comments

Mr. Wellman suggested a microphone or members to approach the microphone when addressing the Board.
There were no further Supervisor requests or comments at this time.

Adjournment

There was no further business to come before the Board.

On MOTION by Ms. Glynn, seconded by Mr. Adams, with all in favor, the Montecito Board of Supervisors CDD adjourned the August 5, 2026, Board of Supervisors’ meeting at 12:18 p.m.

Secretary/Assistant Secretary	Chairperson/Vice Chairperson

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Montecito Community Development District

ProGreen Services LLC Monthly Executive
Summary
Review of ProGreen Services LLC
Proposals
Review and Consideration of Estimate
11475

Montecito Community Development District
Monthly Landscape Maintenance Report - August 2026

Overview
Throughout August, the ProGreen landscape maintenance team completed scheduled weekly landscape maintenance services throughout the Montecito CDD common areas. Services included mowing, edging, string trimming, blowing, weed control, detail trimming, and routine irrigation inspections. Community-wide turf weed control treatments were completed on August 25. ProGreen also continued monitoring irrigation performance and landscape conditions throughout the community.

Weekly Maintenance Summary
Week of August 3 - August 7
Completed Maintenance:

Completed scheduled mowing throughout all CDD-maintained common areas.
Performed edging and string trimming along sidewalks, curbs, and roadway corridors.
Removed grass clippings and debris from paved surfaces.
Applied spot weed control treatments throughout landscape beds and hardscape areas as needed.
Detail trimmed ornamental shrubs and common area landscaping.
Performed routine irrigation inspections and monitored system performance.

Week of August 10 - August 14
Completed Maintenance:

Completed weekly mowing cycle throughout all CDD common areas.
Continued edging, trimming, and blowing services.
Performed detail trimming at community entrances and roadway corridors.
Maintained walking trail edges and common area landscaping.
Continued irrigation system inspections and minor operational adjustments.

Week of August 17 - August 21
Completed Maintenance:

Completed scheduled mowing throughout all CDD common areas.
Continued routine edging, trimming, and blowing services.
Detail trimmed landscape beds and roadway corridors.
Performed routine irrigation inspections and evaluated system performance.
Prepared turf areas for the scheduled community-wide turf weed control treatment.

Week of August 24 - August 28
Completed Maintenance:

Completed scheduled weekly landscape maintenance throughout CDD-maintained areas.
Completed community-wide turf weed control treatments on August 25.
Continued edging, string trimming, blowing, and detail work throughout common areas.
Performed irrigation inspections and reviewed turf conditions following treatment.
Continued monthly quality-control review of maintained CDD common areas.

Turf Weed Control
Community-wide turf weed control treatments were completed on August 25. ProGreen will continue to monitor treated turf areas during routine weekly service visits and evaluate response and any areas requiring follow-up treatment.

Irrigation, Lake Level & Water-Use Monitoring
Beginning with the weekly landscape walks, ProGreen will document lake levels and review well usage and grass/turf conditions. These observations will be used to help coordinate irrigation management and landscape needs with Insight and the CDD Board. The intent is to provide a more consistent field record of water availability, irrigation demand, and turf response so adjustments can be discussed and coordinated as conditions change.

CDD Areas Maintained
Routine landscape maintenance was performed throughout the following CDD-maintained areas:

Community entrances
Roadway corridors
Landscape medians
Perimeter walls
Walking trails
Irrigation pump station
Common area landscape beds
Open space turf areas
Stormwater pond common areas
Irrigation infrastructure throughout CDD-maintained property
All Montecito CDD common areas were serviced according to the scheduled maintenance program.

Overall Community Condition
The Montecito CDD landscape remained under routine maintenance throughout August. Scheduled mowing, edging, weed management, detail trimming, and irrigation inspections continued across CDD-maintained areas. The August 25 community-wide turf weed control treatment provides an additional step toward improving turf appearance and reducing weed pressure. Going forward, weekly documentation of lake levels, well usage, and grass conditions will provide additional information for coordination among ProGreen, Insight, and the CDD Board regarding irrigation performance and landscape conditions.

Prepared for: Montecito Community Development District

Reporting Period: August 2026

ESTIMATE
PROGREEN SERVICES	^PGAR@progreenservices.net
5301 10th Ave N	^+1 ^(888) ^377-4144
Greenacres, FL 33463-2054	^www.progreenservices.net

Bill to
Montecito Community Development District Montecito CDD
c/o Accounting
3501 Quadrangle Blvd, Suite 270
Orlando, FL 32817

Ship to
Montecito Community Development District 208 Montecito Drive
Satellite Beach, FL 32937

Estimate details
Estimate no.: 11804 Estimate date: 08/10/2026

# | Product or service | Description | Qty | Rate | Amount
1. | Irrigation Repair | Scope of Work – East Controller Wire | 1 | $0.00 | $0.00
| | Repair | | |
| | ProGreen Services will provide all labor, | | |
| | materials, and equipment necessary to | | |
| | diagnose and repair the irrigation | | |
| | communication/wiring issue associated with | | |
| | the East Controller. | | |
| | The repair area is located behind 103 | | |
| | through 113 Redondo and involves | | |
| | irrigation Zones 17, 21, and 22. | | |
2. | Irrigation Repair | Work includes: | 1 | $0.00 | $0.00
| | Furnish and install approximately 215 linear |
| | feet of Hunter 14/2 blue decoder wire. |
| | Furnish and install approximately 22 |
| | sections of 1¼" electrical PVC conduit to |
| | protect the new irrigation communication |
| | wire. |
| | Complete minor ﬁttings and connections |
| | required for installation. |
| | Furnish and install one ICD-100 decoder for |
| | Zone 22. |
| | Furnish and install eight 3M grease-ﬁlled |
| | waterproof wire connectors. |
| | Provide labor for trenching, installation, |
| | wiring, connections, and system repairs. |
| | Program/connect the decoder and aﬀected |
| | zones to the East Controller as required. |
| | Test Zones 17, 21, and 22 following |
| | completion to conﬁrm proper controller |
| | communication and operation. |
| | Backﬁll disturbed areas and perform |
| | general cleanup upon completion. |

3. | Irrigation | Repair | Hunter 14/2 Blue Decoder Wire 215 LF | 1 | $2,909.41 | $2,909.41
| | | $1.92 $412.80 | |
| | | 1¼" Electrical PVC Conduit 22 PCS $40.00 | |
| | | $880.00 | |
| | | Miscellaneous Fittings 1 LS $20.00 $20.00 | |
| | | Hunter ICD-100 Decoder – Zone 22 1 EA | |
| | | $176.61 $176.61 | |
| | | 3M Waterproof Grease Connectors 8 EA | |
| | | $5.00 $40.00 | |

Irrigation Technician Labor 8 HRS $97.50
$780.00

Installation/Trenching Labor 8 HRS $75.00
$600.00

| | | Total Estimate $2,909.41 | |
| | | Total | | $2,909.41

Accepted date	Accepted by

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ESTIMATE
PROGREEN SERVICES	^PGAR@progreenservices.net
5301 10th Ave N	^+1 ^(888) ^377-4144
Greenacres, FL 33463-2054	^www.progreenservices.net

Bill to
Montecito Community Development District Montecito CDD
c/o Accounting
3501 Quadrangle Blvd, Suite 270
Orlando, FL 32817

Ship to
Montecito Community Development District 208 Montecito Drive
Satellite Beach, FL 32937

Estimate details
Estimate no.: 11515 Estimate date: 07/07/2026

# | Product or service | Description | | Qty | Rate | Amount
1. | Landscape Enhancement | Project: Pond Bank Enhancement – Pink | | 200 | $25.00 | $5,000.00
| | Muhly Grass Installation | | | |
| | Scope of Work | | | |
| | ProGreen Services will furnish and install | | | |
| | 200 Pink Muhly Grass (Muhlenbergia | | | |
| | capillaris) along the pond bank located | | | |
| | behind the clubhouse to enhance the | | | |
| | appearance of the shoreline, improve | | | |
| | landscape aesthetics, and provide | | | |
| | seasonal color. | | | |
| | | Total | | | $5,000.00

Accepted date	Accepted by

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ESTIMATE
PROGREEN SERVICES	^PGAR@progreenservices.net
5301 10th Ave N	^+1 ^(888) ^377-4144
Greenacres, FL 33463-2054	^www.progreenservices.net

Bill to
Montecito Community Development District Montecito CDD
c/o Accounting
3501 Quadrangle Blvd, Suite 270
Orlando, FL 32817

Ship to
Montecito Community Development District 208 Montecito Drive
Satellite Beach, FL 32937

Estimate details
Estimate no.: 11475 Estimate date: 06/26/2026

# | Product or service | Description | Qty | Rate | Amount

1.

Landscape Enhancement

Project Location:
Front of Clubhouse – Center Island Scope of Work
ProGreen Services will furnish all labor, equipment, and materials necessary to complete the following landscape improvements:
Remove and dispose of the existing Viburnum shrubs in the center island.
Furnish and install fourteen (14) 7-gallon Viburnum shrubs.
Lay out plants to provide uniform spacing and an aesthetically pleasing appearance.
Excavate planting holes, install shrubs, backﬁll with existing soil, and water thoroughly at the time of installation.
Clean the work area and remove all installation debris from the site.

1

$1,300.00

$1,300.00

| | Total $1300.00 | | |
| | Total | | | $1,300.00

Accepted date	Accepted by

DATE 06/03/2026

TOTAL
$3,700.00

ADDRESS
Montecito Community Development District Montecito CDD
c/o Accounting

3501 Quadrangle Blvd, Suite 270
Orlando, FL 32817

PROGREEN SERVICES
5301 10th Ave N Greenacres, FL 33463-2054
+18883774144
PGAR@progreenservices.net www.progreenservices.net

Estimate 11327

DATE | DESCRIPTION | QTY | RATE | AMOUNT

Right-Hand Side of Clubhouse – CDD Common Areas Scope of Work
ProGreen Services will furnish all labor, equipment, supervision, hauling, disposal, and cleanup necessary to complete the following landscape maintenance services:
Trim and shape all hedges within the designated work area to maintain a neat, uniform appearance.
Trim and reduce Viburnum hedges as necessary to restore proper size, shape, and visibility while maintaining plant health.
Remove volunteer Pepper Trees and associated growth within the designated landscape areas.
Haul away and properly dispose of all vegetative debris generated from the work.
Perform a final cleanup of all landscape beds, turf areas, sidewalks, curbing, and adjacent hard surfaces affected by the work.

1

0.00

0.00

| Description Amount Hedge Trimming, Viburnum Trimming, Pepper Tree Removal, Debris Hauling & Disposal, and Final Site Cleanup $3,700.00 Total Proposal Amount: $3,700.00 | 1 | 3,700.00 | 3,700.00

We appreciate your feedback. Please leave a review. https://g.page/r/CdxpXv9W4GXoEAI/review

DATE | DESCRIPTION | QTY | RATE | AMOUNT
| Notes | 1 | 0.00 | 0.00
| Proposal includes all labor, equipment, supervision, debris | |
| hauling, and disposal. | |
| Work will be completed during normal business hours unless | |
| otherwise coordinated. | |
| Any additional work requested beyond the scope outlined above | |
| will be quoted separately. | |
| TOTAL | | $3,700.00
| | | THANK YOU.

Accepted By	Accepted Date

We appreciate your feedback. Please leave a review. https://g.page/r/CdxpXv9W4GXoEAI/review

ESTIMATE
PROGREEN SERVICES	^PGAR@progreenservices.net
5301 10th Ave N	^+1 ^(888) ^377-4144
Greenacres, FL 33463-2054	^www.progreenservices.net

Bill to
Montecito Community Development District Montecito CDD
c/o Accounting
3501 Quadrangle Blvd, Suite 270
Orlando, FL 32817

Ship to
Montecito Community Development District 208 Montecito Drive
Satellite Beach, FL 32937

Estimate details
Estimate no.: 11929 Estimate date: 08/26/2026

^#	Product or service	Description	Qty	Rate	Amount

1.

Landscape Enhancement

Landscape Enhancement – Red Crimson Rock Installation
Scope of Work
ProGreen Services will furnish and install red/crimson decorative landscape rock in the designated areas of the property. Work will include preparation of the existing landscape areas as necessary, delivery and installation of the decorative rock, and ﬁnal cleanup.

1

$0.00

$0.00

2.

Landscape Enhancement

Areas included:
Area 1 – Clubhouse Front Right Corner Install red/crimson decorative rock beneath and around the existing Ligustrum at the front right corner of the clubhouse.
Area 2 – Clubhouse Viburnum Hedge Install red/crimson decorative rock within the landscape bed containing the existing Viburnum hedge located in front of the clubhouse.
Area 3 – Park at South Patrick Entrance Install red/crimson decorative rock in the designated landscape area at the park located across from the South Patrick entrance.

1

$0.00

$0.00

3.

Landscape Enhancement

Work Includes
Prepare designated landscape beds for rock installation.
Remove minor loose debris and vegetation
as necessary to provide a suitable installation surface.

1

$0.00

$0.00

Furnish, deliver, and install red/crimson decorative landscape rock.
Spread and grade rock to provide consistent coverage and a ﬁnished appearance.
Work carefully around existing shrubs, trees, irrigation components, and other landscape features.
Remove installation debris and leave work areas clean upon completion.

4. | Landscape Enhancement | Area 1 – Furnish & Install Red Crimson | 1 | $15,000.00 | $15,000.00
| | Rock – Ligustrum at Clubhouse Front Right | | |
| | Corner 1 Included | | |
| | Area 2 – Furnish & Install Red Crimson | | |
| | Rock – Viburnum Hedge at Front of | | |
| | Clubhouse 1 Included | | |
| | Area 3 – Furnish & Install Red Crimson | | |
| | Rock – Park Across from South Patrick | | |
| | Entrance 1 Included | | |
| | Bed Preparation, Delivery, Installation & | | |
| | Cleanup 1 Included | | |
| | Not-to-Exceed Project Total | | |
| | $15,000.00 | | |
| | Estimate Total: NTE $15,000.00 | | |
5. | | Note: All identiﬁed areas will be scheduled | | |
| | for installation; however, the approved not- | | |
| | to-exceed budget of $15,000 may not be | | |
| | suﬃcient to complete all areas in their | | |
| | entirety. Work will be performed within the | | |
| | approved budget, and the client will only be | | |
| | invoiced for the actual work and materials | | |
| | completed. Any remaining areas requiring | | |
| | additional funding will be reviewed with the | | |
| | client prior to proceeding. | | |
^Total	$15,000.00

Accepted date	Accepted by

	

Montecito Community Development District

District Counsel

Montecito Community Development District

District Engineer

Montecito Community Development District

Capital Project Updates

Capital Improvement Projects 2025-2026

Clubhouse | | Actuals | | | Budget
Exterior Coach Lights | | - | | | 3,854.00
Exterior Paint | | - | | | 22,836.00
Security Camera System | | 1,134.00 | | | -
Roofing Tile | | 28,795.00 | | | -
Interior Furniture | | 14,862.40 | | | 18,500.00
AED Machine | | 2,682.00 | | | -
Restain Door | | 1,200.00 | | | -
Cardio Equipment | | - | | | 5,672.00
Totals | $ | 48,673.40 | | $ | 50,862.00
Grounds | | | | |
Monument Refurbishments | | 9,000.00 | | | 9,000.00
Stormwater Drainage | | - | | | 6,500.00
Totals | $ | 9,000.00 | | $ | 15,500.00
Ponds | | | | |
Pond Fountains | | 6,197.00 | | | 12,394.00
Sidewalks | | | | |
Sidewalk Repairs | | - | | | 14,368.00
Streets | | | | |
Streetlight & Sign Pole Painting | | 11,450.00 | | | 16,597.00
Total Capital Improvement Plans | $ | 75,320.40 | | $ | 109,721.00

Montecito Community Development District

Review and Consideration of Engineers Report Proposal

From:	Tom DeGrace
To:	Gazmin Kerr
Cc:	Stef Matthes
Subject:	23-127 Montecito CDD - Annual Engineer"s Report Proposal DRAFT Budget
Attachments:	image001.png
2026 Rate Schedule.pdf

Gazman,

In response to the Board’s request at the recent CDD meeting, we have prepared the following budget for the Engineer’s Annual Report:

Scope:

Task 10.01 – Existing Conditions Assessment

C&T to perform a limited field assessment of the Montecito CDD Property and will include the following:

General Infrastructure; Roads, Street Lighting, and Underground Power Service
Master Storm Water Lake System; Storm Drainage, Collection Conveyance System, and Storage Facilities
Water Distribution and Sanitary Sewer Collection Systems
Landscaping, Entry Features, and Security
Parks and Recreation Facilities Task 10.02 – Engineer’s Report
C&T to prepare a report to include the following Sections, Tables, and Exhibits:

Sections
Introduction
District Boundary and Properties Served
Condition of Project Infrastructure
Opinion of Probable Construction Costs for maintenance and repairs
Engineer’s Certifications

Tables
Land Use Summary
Phasing Summary
Opinion of Probable Costs for the Project Infrastrucure

Exhibits
Location Map
Montecito Master Site Plan
Master Stormwater Plan
Master Utility Plan

Appendix
Legal Description

Schedule:

Task 10.01 – Existing Conditions Assessment: within 2 weeks of Notice to Proceed (NTP) Task 10.02 – Engineer’s Report: within 6 weeks of NTP

Budget:

Task 10.01 - Existing Conditions Assessment;
Senior Professional Engineer – 2 hours@ $250/hour Project Engineer – 10 hours @ $130/hour
Sub-total - $1,800

Task 10.02 – Engineer’s Report;
Project Engineer – 8 hours @ $250/hour Professional Engineer – 28 hours@ $130/hour Sub-total - $5,640

Total - $7,440 Deliverables:
Annual Engineer’s Report Assumptions:
Infrastructure Assessments are limited to conditions observed from the surface and do not include subsurface investigations.

Thanks.

Tom

Thomas DeGrace, PE Senior VP of Engineering
Culpepper and Terpening, Inc. 2980 South 25th Street
Fort Pierce, FL 34981

Professional Services Agreement Exhibit "A" to Work Authorizations GENERAL CONDITIONS
Project Number P26-057

Appendix A Culpepper & Terpening, Inc.
Hourly & Reimbursable Rate Schedule

Title | Hourly Rate($)
Engineering and Planning Services
Principal Engineer, PE | 320.00
Sr. Project Manager, PE | 270.00
Sr. Project Engineer, PE | 250.00
Project Engineer, PE | 200.00
Project Engineer, El, II | 150.00
Project Engineer, El, I | 130.00
Sr. Project Manager | 240.00
Project Manager | 205.00
Sr. Engineering Designer | 165.00
Sr. Engineering Technician | 140.00
Engineering/GIS Technician | 125.00
Principal Planner | 230.00
Construction Engineering Inspection (CEI) Services
Sr. Project Manager, PE | 270.00
Project Administrator | 200.00
Sr. Construction Inspector | 150.00
Construction Inspector | 125.00
Survey Services
Sr. Project Surveyor, PSM | 215.00
Survey Project Manager | 205.00
Drone Survey Crew | 190.00
GPS Survey Crew | 185.00
Survey Crew | 180.00
Sr. Surveying Technician | 125.00
Surveying Technician | 115.00
SUE Designating Crew | 210.00
Administrative Services
Project Coordinator | 130.00
Administrative Services | 90.00
Outside Services and Application Fees | Cost +20%

Rates are valid until December 31, 2026

Client's Initials: 	 C&T Initials	Page 8 of 8

Montecito Community Development District

Review and Consideration NM Maintenance Paver Replacement

Estimate
Oasis Landscapes
3216262802
jessica@oasislandscapesfl.com www.oasislandscapesfl.com

ESTIMATE NO. | 1963 | ISSUE DATE | 8/26/2026	VALID UNTIL | 9/9/2026
FROM | FOR | |
Oasis Landscapes of Florida | Montecito CDD | |
292 Clearlake Rd | 208 Montecito Drive | |
Cocoa FL 32922 | Satellite Beach | |
United States | United States | |
DESCRIPTION | | QUANTITY | UNIT PRICE ($) | DISCOUNT % | AMOUNT ($)
Pavers (Parking Lot) | | 1 | 9,850.00 | 0.00 | 9,850.00
Scope of Work | |
Remove the existing pavers from the five parking spaces and | |
completely renovate the designated parking area with new | |
pavers. | |
Removal & Preparation | |
* Remove and dispose of the existing pavers throughout the five | |
parking spaces. | |
* Excavate and prep the area as necessary for the new paver | |
installation. | |
* Install and compact the proper base material to create a stable | |
surface. | |
* Grade the area appropriately to maintain proper drainage. | |
New Paver Installation | |
* Install approximately 763 square feet of new Holland-style | |
pavers. | |
* All necessary paver materials and labor are included. | |
* Install edge restraints where required. | |
* Compact pavers and install joint sand for a complete finished | |
surface. | |
Parking Space Striping | |
* Once the new paver installation is complete, the five parking | |
spaces will be repainted/re-striped to clearly identify each parking | |
space. | |
Final Cleanup | |
* Remove construction debris and leave the completed work area | |
clean upon completion. Description Total (USD): | | $9,850.00

Montecito Community Development District

Review and Consideration of Gym Maintenance Quotes

NM MAINTENANCE SERVICES, LLC
892 SW Jordin Ave

Port Saint Lucie, FL 34953 billing@nmmaintenanceservice.com https://nmmaintenanceservice.com

Estimate 2540

ADDRESS
Kisha Wagner

DATE 07/21/2026

EXPIRATION DATE 07/31/2026

Coastal Bay Asset Management

| QTY | RATE | AMOUNT

Services
Preventive Fitness Equipment Maintenance
Perform a comprehensive cleaning of all fitness equipment.
Sanitize all equipment surfaces using a commercial-grade disinfectant.
Clean guide rails, tracks, and other accessible moving components.
Lubricate treadmills and other applicable equipment in accordance with manufacturer specifications.
Inspect and tighten accessible bolts, screws, and fasteners as needed.
Perform a visual inspection of cables, pulleys, belts, upholstery, and other wear components.
Conduct a basic operational test of each piece of equipment to verify proper function.
Provide a written report outlining any observed deficiencies and recommended repairs (as needed)

4

450.00

1,800.00

Exclusions:
This service includes preventive maintenance only.
Replacement parts, repairs, adjustments beyond routine preventive maintenance, and corrective labor are not included in this quote.
Any repairs or replacement parts identified during the inspection will be
quoted separately and performed only upon customer approval.

Notes:
This quote is based on the equipment inventory observed at the time of inspection. Any additional equipment or services requested outside the scope of this proposal may be subject to additional charges.
Customer is responsible for ensuring the equipment is accessible on the
	scheduled service date.	

Disclaimer:
NM Maintenance Services will exercise reasonable care while performing the preventive maintenance services described in this proposal.
NM Maintenance Services is not responsible for pre-existing damage, latent defects, structural failures, or

equipment conditions that were not caused by the services performed.
Any damage, excessive wear, or unsafe conditions observed during service will be documented and reported to Montecito for review.
Normal wear and tear or equipment failure occurring due to age, prior use, manufacturer defects, or lack of previous maintenance shall not be considered the responsibility of NM Maintenance Services.

Acceptance of this proposal acknowledges that preventive maintenance is intended to help maintain equipment performance and does not guarantee against future equipment failure.

Rate is per Quarter (Per Scheduled Visit). Payment is due upon completion of each PM.

^TOTAL	$1,800.00

Accepted By	Accepted Date

Montecito Community Development District

Review and Consideration of NM Maintenance Pressure Washing Proposal

Montecito Community Pressure Washing Pricing by Zone

Measurement Methodology

The quantities presented in this report are based on ﬁeld measurements collected by walking the community using a distance measuring cart. Sidewalk lengths were measured on-site and converted to approximate square footage using the community's approximate sidewalk width of 6 feet.

Important Note: All square footage values are approximate and intended for estimating purposes only. Minor variations may occur due to curves, intersections, driveway aprons, radius transitions, and other ﬁeld conditions. Based on the ﬁeld measurements collected, the ﬁnal cleaned area may be greater than the quantities presented in this report and is not expected to be less.

Zone 1 – Townhome Sidewalks

Street | No. Sidewalks | Length Per Side | Approx. Total Sq. Ft
Redondo Dr | 2 | 967’ 11’’ | 11,615
Ventura Dr | 2 | 1092’ 9’’ | 13,113
Clemente Drive | 2 | 805' 11" | 9,671
Simeon Drive | 2 | 714' 8" | 8,576

Montecito Drive (Right
from Entrance)

1

1474' 4"

8,846

Montecito Drive
(Opposite Side)

1

1327' 6"

7,965

Carlsbad Drive (Non-
Residential Side)

1

1272' 9"

7,636

Street | No. Sidewalks | Length Per Side | Approx. Total Sq. Ft
Carlsbad Drive | 1 | 714' 8" | 4,288
(Residential Side - | | |
Section 1) | | |
Carlsbad Drive | 1 | 473' 9" | 2,842
(Residential Side - | | |
Section 2) | | |
ZONE TOTAL | | | 74,552

Zone 2 – Parking Areas

Parking Type | Quantity | Approx. Sq. Ft.
Standard (19’ x 10’) | 59 | 11,210
Parallel (24’ x 7’) | 48 | 8,064
ZONE TOTAL | | 19,274

Zone 3 – Single Family Homes Sidewalk

Street | No. Sidewalks | Length Per Side | Approx. Total Sq. Ft
Monterey Drive | 1 | 560’ 10’’ | 3,365
Monterey Drive | 1 | 585' 1" | 3,510
PT Lobos Drive | 1 | 756' 3" | 4,538
PT Lobos Drive | 1 | 767' 11" | 4,608
Palos Verde Drive | 2 | 440' 0" | 5,280
Mission Bay Drive | 2 | 309' 6" | 3,714
Pond Walk Path | 1 | 181' 7" | 1,090

Montecito Drive (Left
from Entrance)

1

1107' 11"

6,648

Montecito Drive
(Opposite Side)

1

1327' 6"

7,965

ZONE TOTAL | | | 40,716

Pricing by Zone
Zone | Approx Sq Ft. | Price
Zone 1- Townhome Sidewalks | 74,553 | $8,900
Zone 2- Parking Areas | 19,274 | $2,500
Zone 3- Single Family Sidewalks | 40,716 | $5,450
Total | 134,544 | $16,850.00

Project Notes

^A ^50% ^deposit ^is ^due ^upon ^approval ^of ^the ^proposal ^and ^prior ^to ^scheduling ^the ^project.
^The ^remaining ^50% ^balance ^is ^due ^upon ^completion ^of ^the ^work ^and ^upon ^receipt ^of ^the ^ﬁnal invoice.
^Due ^to ^the ^size ^of ^the ^community, ^this ^project ^is ^expected ^to ^require ^multiple ^working ^days ^to complete. The ﬁnal schedule will be coordinated with the property management team to minimize disruption to residents.
^This ^proposal ^includes ^only ^the ^areas ^identiﬁed ^during ^the ^initial ^site ^evaluation. ^Any ^additional areas not included in this takeoff (such as the pool area, clubhouse, sidewalks not measured, or other common areas) will be evaluated and quoted separately if requested or identiﬁed before or during the project.

Montecito Community Development District

Review and Consideration of NM Maintenance Pool Furniture Restoration

Coastal Bay Asset Management

Kisha Wagner Montecito CDD
208 Montecito Drive
Satellite Beach FL 32937

Estimate no.: 2525 Estimate date: 06/30/2026
Expiration date: 07/30/2026

billing@nmmaintenanceservice.com

892 SW Jordin Ave	^+1 ^(904) ^420-0834
Port Saint Lucie, FL 34953	^https://nmmaintenanceservice.com

# | Product or service | Description | Qty | Rate | Amount

1.

-Document the existing condition of all pool furniture prior toremoval.
-Remove and transport the following furniture from the Montecitopool area tothe restoration facility:
23 lounge chairs
24 dining chairs
8 dining tables
10 side tables
2 benches
2 long benches
-Inspect each piece for structural integrity and identify any components requiring repair or replacement.
-Tighten, repair, or replace loose hardware and components as needed torestore structural stability.

1

$15,900.00

$15,900.00

Prepare all furniture for refinishing, including:
-Sandblasting toremove existing finishes and corrosion.
-Surface preparation and sanding toensure proper coating adhesion.
-Powder coating of all metal frames.
-Rewrapping/restrapping of furniture where applicable.
-Perform a quality control inspection toverify the finish quality, structural integrity, and overall serviceability of each piece.

| | -Transport all restored furniture back tothe Montecitoproperty. | | |

-Reinstall and arrange all furniture in its original or designated locations.
-Perform a final walkthrough toverify proper placement, stability, and functionality of all restored furniture.

^Deposit	$7,950.00
due

_Note _to _customer	Expiry date	07/30/2026
Payment Terms: A 50% deposit is due upon approval of this proposal. The remaining 50% is due upon completion of the project and submission of the final invoice.

	

Montecito Community Development District

Discussion of Appeal Letter

Montecito Community Development District

Ratification of Payment Authorization Nos. 75-79

MONTECITO
COMMUNITY DEVELOPMENT DISTRICT

Payment Authorization #75
7/15/2026

Invoice No

Supplier

Invoice Date  Property

Invoice Amount

199478	Billing Cochran, P.A. (MONTE)	06/30/2026	Montecito CDD	4,435.00

1005

Coastal Bay Asset Management (MONTE)

07/10/2026	Montecito CDD

800.00

198799

Hoover Pumping Systems Corporation (MONTE)

07/13/2026

Montecito CDD

518.96

1092337	Florida Door Control Of Orlando, Inc. (MONTE)

07/08/2026	Montecito CDD	479.68

8735	VGlobalTech (MONTE)	07/01/2026	Montecito CDD	185.00

OE-EXP-07-2026-24	PFM Management Services LLC (MONTE)

07/10/2026	Montecito CDD	58.64

8619	VGlobalTech (MONTE)	06/30/2026	Montecito CDD	300.00
Total:	6,777.28

MONTECITO
COMMUNITY DEVELOPMENT DISTRICT

Payment Authorization #76
7/22/2026

Invoice No

Supplier

Invoice Date  Property

Invoice Amount

1036516815	Air Gagers A/C And Heating Inc (MONTE)

07/09/2026	Montecito CDD	485.00

17689

Commercial Health & Exercise Inc (MONTE)

07/15/2026	Montecito CDD

331.50

104324	Culpepper & Terpening, Inc. (MONTE)	07/20/2026	Montecito CDD	1,858.75

0813A

NM Maintenance Services, LLC (MONTE)

07/15/2026	Montecito CDD

370.00

0814A	NM Maintenance Services, LLC (MONTE)

07/20/2026	Montecito CDD	375.00

DM-07-2026-52

PFM Management Services LLC (MONTE)

07/06/2026	Montecito CDD

4,166.67

653196	Sonitrol of Tallahassee (MONTE)	07/16/2026	Montecito CDD	79.00
Total:	7,665.92

MONTECITO
COMMUNITY DEVELOPMENT DISTRICT

Payment Authorization #77
7/29/2026

Invoice No | Supplier | Invoice Date | Property | Invoice Amount
258935 | Brevard Pools, Inc. (MONTE) | 07/17/2026 | Montecito CDD | 950.00
1006 | Coastal Bay Asset Management (MONTE) | 07/24/2026 | Montecito CDD | 800.00
1007 | Coastal Bay Asset Management (MONTE) | 07/27/2026 | Montecito CDD | 11,666.66
31508 | ProGreen Services, LLC (MONTE) | 07/27/2026 | Montecito CDD | 353.62
31511 | ProGreen Services, LLC (MONTE) | 07/27/2026 | Montecito CDD | 418.25
31512 | ProGreen Services, LLC (MONTE) | 07/27/2026 | Montecito CDD | 479.00
31513 | ProGreen Services, LLC (MONTE) | 07/27/2026 | Montecito CDD | 603.75
31514 | ProGreen Services, LLC (MONTE) | 07/27/2026 | Montecito CDD | 1,201.63
| | | Total: | 16,472.91

MONTECITO
COMMUNITY DEVELOPMENT DISTRICT

Payment Authorization #78
8/12/2026

Invoice No | Supplier | Invoice Date | Property | | Invoice Amount
199937 | Billing Cochran, P.A. (MONTE) | 07/31/2026 | Montecito CDD | | 2,365.00
259742 | Brevard Pools, Inc. (MONTE) | 08/01/2026 | Montecito CDD | | 1,444.00
1008 | Coastal Bay Asset Management (MONTE) | 08/07/2026 | Montecito CDD | | 800.00
2026.08.05 | Debra Reitz (MONTE) | 08/05/2026 | Montecito CDD | | 200.00
09-17355 | GAULT ELECTRIC LLC (MONTE) | 08/06/2026 | Montecito CDD | | 530.00
3934 | Insight Irrigation Monitoring (MONTE) | 08/01/2026 | Montecito CDD | | 600.00
0830A | NM Maintenance Services, LLC (MONTE) | 07/28/2026 | Montecito CDD | | 450.00
31642 | ProGreen Services, LLC (MONTE) | 08/01/2026 | Montecito CDD | | 6,500.00
2026.08.05 | Rich Wellman (MONTE) | 08/05/2026 | Montecito CDD | | 200.00
PSI288679 | Solitude Lake Management (MONTE) | 08/01/2026 | Montecito CDD | | 1,319.55
8819 | VGlobalTech (MONTE) | 08/01/2026 | Montecito CDD | | 185.00
| | | | Total: | 14,593.55

MONTECITO
COMMUNITY DEVELOPMENT DISTRICT

Payment Authorization #79
8/19/2026

Invoice No

Supplier

Invoice Date  Property

Invoice Amount

257993	Brevard Pools, Inc. (MONTE)	07/01/2026	Montecito CDD	1,444.00

DM-08-2026-49

PFM Management Services LLC (MONTE)

08/06/2026	Montecito CDD

4,166.67

14969634

City of Melbourne Utilities (MONTE)

08/06/2026	Montecito CDD

568.25

14849466	City of Melbourne Utilities (MONTE)	06/04/2026	Montecito CDD	270.97

OE-EXP-08-2026-32	PFM Management Services LLC (MONTE)

08/07/2026	Montecito CDD	0.78
Total:	6,450.67

Montecito Community Development District

Review of District Financial Statements

Montecito CDD
July 2026 Financial Package

July 31, 2026

PFM Management Services LLC
3501 Quadrangle Blvd
Suite 270
Orlando, FL 32817
(407) 723-5900

Montecito CDD
Statement of Financial Position
| As of 7/31/2026 | | | |
| _General _Fund	Debt Service S2022 | | Long Term Debt Group | | Total
| Assets | | | |
Current Assets | | | | |
General Checking Account | $546,357.59 | | | | $546,357.59
Capital Reserve | 410,434.30 | | | | 410,434.30
Accounts Receivable | 2,972.54 | | | | 2,972.54
Due From Other Funds | 8,112.97 | | | | 8,112.97
Prepaid Expenses | 1,750.00 | | | | 1,750.00
Series 2022 DSR Fund | $32,366.46 | | | | 32,366.46
Series 2022 Revenue Bond | 114,108.00 | | | | 114,108.00
Series 2022 Interest | 511.80 | | | | 511.80
Total Current Assets | $969,627.40	$146,986.26 | | $0.00 | | $1,116,613.66
Investments | | | | |
Amount Available in Debt Service Funds | | | $146,986.26 | | $146,986.26
Amount To Be Provided | | | 2,753,013.74 | | 2,753,013.74
Total Investments | $0.00	$0.00 | | $2,900,000.00 | | $2,900,000.00
Total Assets | $969,627.40	$146,986.26 | | $2,900,000.00 | | $4,016,613.66
| Liabilities and Net Assets | | | |
Current Liabilities | | | | |
Accrued Expenses Payable | $4,152.71 | | | | $4,152.71
Due To Other Funds | $8,112.97 | | | | 8,112.97
Total Current Liabilities | $4,152.71	$8,112.97 | | $0.00 | | $12,265.68
Long Term Liabilities | | | | |
Revenue Bonds Payable - Long-Term | | | $2,900,000.00 | | $2,900,000.00
Total Long Term Liabilities | $0.00	$0.00 | | $2,900,000.00 | | $2,900,000.00
Total Liabilities | $4,152.71	$8,112.97 | | $2,900,000.00 | | $2,912,265.68
Net Assets | | | | |
Net Assets, Unrestricted | $536,571.32 | | | | $536,571.32
Current Year Net Assets, Unrestricted | (64,411.57) | | | | (64,411.57)
Net Assets - General Government | 32,346.97 | | | | 32,346.97
Current Year Net Assets - General Government | 460,967.97 | | | | 460,967.97
Net Assets, Unrestricted | ($174,214.70) | | | | (174,214.70)
Current Year Net Assets, Unrestricted | 313,087.99 | | | | 313,087.99
Total Net Assets | $965,474.69	$138,873.29 | | $0.00 | | $1,104,347.98
Total Liabilities and Net Assets | $969,627.40	$146,986.26 | | $2,900,000.00 | | $4,016,613.66

Page 1 of 6

Montecito CDD Statement of Activities As of 7/31/2026

Revenues
On-Roll Assessments Other Revenue
On-Roll Assessments Total Revenues
Expenses
Supervisor Fees Insurance Trustee Services Management
Field Management Engineering Property Appraiser District Counsel
Assessment Administration Discount Fees
Audit
Tax Preparation Janitorial Supplies Janitorial Service Postage & Shipping Legal Advertising Contingency
Office Supplies
Web Site Maintenance Dues, Licenses, and Fees Capital Expenditures Security
Fire Detection Services Electric
Irrigation
Irrigation Monitoring Water-Sewer
Aquatic Repairs & Maint. Amenity - Pool Maintenance Capital Reserve Study Internet Services
Gate Kiosk - Internet Srvcs Other Insurance
General Repair & Maintenance Common Area Maintenance Landscaping Maintenance & Material Additional Landscaping R&M
Tree Trimming
Flower & Plant Replacement HVAC
Pest Control
Entrance Vehicular Gate Oak Tree Maintenance
Hoover Pumps Repair & Maintenance Streetlights
Fitness Facility
Playground Repairs & Maintenance Principal Payment - S2022
Interest Payments - S2022 Total Expenses
Other Revenues (Expenses) & Gains (Losses)
Interest Income
Allocate Resv Acct Interest Interest Income
Total Other Revenues (Expenses) & Gains (Losses)

Change In Net Assets

Net Assets At Beginning Of Year

Net Assets At End Of Year

Page 2 of 6

Long Term Debt	_Total Group

General Fund | | Debt Service S2022
$1,094,945.03 | |
2,755.00 | |
| | $626,621.01
$1,097,700.03 | | $626,621.01
$3,600.00 | |
48,824.00 | |
3,000.00 | |
41,666.70 | |
102,041.17 | |
25,395.07 | |
60,539.30 | |
43,840.00 | |
7,252.60 | |
37,436.21 | |
4,500.00 | |
69.71 | |
1,417.92 | |
7,517.35 | |
124.18 | |
1,278.73 | |
2,595.93 | |
275.60 | |
2,750.00 | |
175.00 | |
75,320.30 | |
318.00 | |
6,594.45 | |
37,573.73 | |
19,299.30 | |
6,450.00 | |
1,679.64 | |
13,384.04 | |
14,246.88 | |
2,500.00 | |
3,942.44 | |
2,249.96 | |
850.00 | |
8,743.95 | |
5,071.89 | |
65,000.00 | |
11,990.00 | |
18,000.00 | |
14,301.00 | |
599.08 | |
931.08 | |
4,360.21 | |
10,000.00 | |
7,626.19 | |
3,678.40 | |
1,652.45 | |
133.64 | |
| | $220,000.00
| | 97,968.00
$730,796.10 | | $317,968.00
$20,118.53 | |
9,533.94 | |
| | $4,434.98
$29,652.47 | | $4,434.98
$396,556.40 | | $313,087.99
$568,918.29 | | ($174,214.70)
$965,474.69 | | $138,873.29

$1,094,945.03
2,755.00
626,621.01

$0.00	$1,724,321.04

$3,600.00 48,824.00
3,000.00
41,666.70
102,041.17
25,395.07
60,539.30
43,840.00
7,252.60
37,436.21
4,500.00
69.71
1,417.92
7,517.35
124.18
1,278.73
2,595.93
275.60
2,750.00
175.00
75,320.30
318.00
6,594.45
37,573.73
19,299.30
6,450.00
1,679.64
13,384.04
14,246.88
2,500.00
3,942.44
2,249.96
850.00
8,743.95
5,071.89
65,000.00
11,990.00
18,000.00
14,301.00
599.08
931.08
4,360.21
10,000.00
7,626.19
3,678.40
1,652.45
133.64
220,000.00
97,968.00

$0.00	$1,048,764.10

$20,118.53 9,533.94
4,434.98

$0.00	$34,087.45

$0.00	$709,644.39

$0.00	$394,703.59

$0.00	$1,104,347.98

Montecito CDD
Budget to Actual
For The Month Ending 7/31/2026
Year To Date
| | Actual | | | Budget | | Variance | FY 2026 Adopted Budget | Percentage
Revenues | | | | | | | |
O&M Assessments | $ | 1,094,945.03 | | $ | 880,059.24 | | $ | 214,885.79 | $ 1,056,071.09 | 103.68%
Debt Assessments (S2022) | | 625,356.91 | | | 278,202.39 | | | 347,154.52 | 333,842.87 | 187.32%
Interest Income | | 20,118.53 | | | 19,901.90 | | | 216.63 | 23,882.28 | 84.24%
Townhome Mailbox Maintenance | | - | | | 1,200.00 | | | (1,200.00) | 1,440.00 | 0.00%
Stormwater Control - Cost Share | | 2,755.00 | | | 3,446.67 | | | (691.67) | 4,136.00 | 0.00%
Net Revenues | $ | 1,743,175.47 | | $ | 1,182,810.20 | | $ | 560,365.27 | $ 1,419,372.24 | 122.81%
General & Administrative Expenses | | | | | | | |
Supervisor Fees | $ | 3,600.00 | | $ | 5,000.00 | | $ | (1,400.00) | $	6,000.00 | 60.00%
District Engineer | | 25,395.07 | | | 37,500.00 | | | (12,104.93) | 45,000.00 | 56.43%
Legal Fees | | 43,840.00 | | | 33,333.33 | | | 10,506.67 | 40,000.00 | 109.60%
District Management | | 41,666.70 | | | 41,666.67 | | | 0.03 | 50,000.00 | 83.33%
Assessment Roll | | 7,252.60 | | | 5,833.33 | | | 1,419.27 | 7,000.00 | 103.61%
Website Maintenance | | 2,750.00 | | | 2,850.00 | | | (100.00) | 3,420.00 | 80.41%
Auditing Services | | 4,500.00 | | | 3,813.33 | | | 686.67 | 4,576.00 | 98.34%
Tax Preparation Fees | | 69.71 | | | 50.00 | | | 19.71 | 60.00 | 116.18%
Arbitrage Rebate Calculation | | - | | | 416.67 | | | (416.67) | 500.00 | 0.00%
Trustee Fees | | 3,000.00 | | | 2,708.33 | | | 291.67 | 3,250.00 | 92.31%
Insurance | | 49,674.00 | | | 43,076.00 | | | 6,598.00 | 51,691.20 | 96.10%
Legal Advertising | | 1,278.73 | | | 1,041.67 | | | 237.06 | 1,250.00 | 102.30%
Dues, Licenses, and Fees | | 175.00 | | | 145.83 | | | 29.17 | 175.00 | 100.00%
Capital Reserve Study | | 2,500.00 | | | - | | | 2,500.00 | - | -
Contingency/Miscellaneous | | 2,595.93 | | | 2,000.00 | | | 595.93 | 2,400.00 | 108.16%
Total General & Administrative | $ | 188,297.74 | | $ | 179,435.17 | | $ | 8,862.57 | $	215,322.20 | 87.45%
Expenses | | | | | | | |
Maintenance Expenses | | | | | | | |
Facility Attendant & General Mgmt. | $ | 102,041.17 | | $ | 136,038.33 | | $ | (33,997.16) | $	163,246.00 | 62.51%
Amenity Center Operations | | | | | | | |
Repairs & Maint. (Non-HVAC) | $ | 8,743.95 | | $ | 6,458.33 | | $ | 2,285.62 | $	7,750.00 | 112.83%
HVAC Repairs & Maint. | | 599.08 | | | 4,166.67 | | | (3,567.59) | 5,000.00 | 11.98%
Office Supplies | | 399.78 | | | 833.33 | | | (433.55) | 1,000.00 | 39.98%
Janitorial Supplies | | 1,417.92 | | | 1,041.67 | | | 376.25 | 1,250.00 | 113.43%
Janitorial Services | | 7,517.35 | | | 15,000.00 | | | (7,482.65) | 18,000.00 | 41.76%
Pest Control & Termite Bond | | 931.08 | | | 1,002.50 | | | (71.42) | 1,203.00 | 77.40%
Fitness Equipment Repairs & Maint. | | 1,652.45 | | | 2,500.00 | | | (847.55) | 3,000.00 | 55.08%
Playground Repairs & Maint. | | 133.64 | | | 833.33 | | | (699.69) | 1,000.00 | 13.36%
Pool Service Repairs & Maint. | | 14,246.88 | | | 23,333.33 | | | (9,086.45) | 28,000.00 | 50.88%
Total Amenity Center | $ | 35,642.13 | | $ | 55,169.17 | | $ | (19,527.04) | $	66,203.00 | 53.84%
Irrigation | | | | | | | |
Irrigation Repairs & Maint. | $ | 19,299.30 | | $ | 41,666.67 | | $ | (22,367.37) | $	50,000.00 | 38.60%
Irrigation Monitoring | | 6,450.00 | | | 6,000.00 | | | 450.00 | 7,200.00 | 89.58%
Hoover Pumps Repairs & Maint. | | 7,626.19 | | | 14,583.33 | | | (6,957.14) | 17,500.00 | 43.58%
Total Irrigation | $ | 33,375.49 | | $ | 62,250.00 | | $ | (28,874.51) | $	74,700.00 | 44.68%

Page 3 of 6

Montecito CDD
Budget to Actual
For The Month Ending 7/31/2026

Year To Date
| | Actual | | Budget | | | Variance | | FY 2026 Adopted Budget | Percentage
Stormwater Control | | | | | | | | | | | |
Aquatic Repairs & Maint. | $ | 13,384.04 | | $ | 16,666.67 | | $ | (3,282.63) | | $ | 20,000.00 | 66.92%
Landscaping | | | | | | | | | | | |
Landscaping Contracted Services | $ | 65,000.00 | | $ | 68,333.33 | | $ | (3,333.33) | | $ | 82,000.00 | 79.27%
Additional Landscaping Repairs & Maint. | | 11,990.00 | | | 23,038.33 | | | (11,048.33) | | | 27,646.00 | 43.37%
Plant Replacement | | 14,301.00 | | | 5,000.00 | | | 9,301.00 | | | 6,000.00 | 238.35%
Mulch | | - | | | 12,500.00 | | | (12,500.00) | | | 15,000.00 | 0.00%
Palm Tree Maint. | | 18,000.00 | | | 15,000.00 | | | 3,000.00 | | | 18,000.00 | 100.00%
Oak Tree Maint. | | 10,000.00 | | | 8,333.33 | | | 1,666.67 | | | 10,000.00 | 100.00%
Total Landscaping | $ | 119,291.00 | | $ | 132,205.00 | | $ | (12,914.00) | | $ | 158,646.00 | 75.19%
Common Areas, Right of Ways & Walls | | | | | | | | | | | |
Streetlight Repairs & Maint. | $ | 3,678.40 | | $ | 7,500.00 | | $ | (3,821.60) | | $ | 9,000.00 | 40.87%
Entry Vehicular Gates Repairs & Maint. | | 4,360.21 | | | 12,500.00 | | | (8,139.79) | | | 15,000.00 | 29.07%
Pedestrian Entry Gates & Walls Maint. | | - | | | 4,166.67 | | | (4,166.67) | | | 5,000.00 | 0.00%
Common Area Repairs & Maint. | | 5,071.89 | | | 10,000.00 | | | (4,928.11) | | | 12,000.00 | 42.27%
Total Common Areas, Right of Ways & | $ | 13,110.50 | | $ | 34,166.67 | | $ | (21,056.17) | | $ | 41,000.00 | 31.98%
Walls | | | | | | | | | | | |
Security Monitoring Services | | | | | | | | | | | |
Fire Detection Services | $ | 6,594.45 | | $ | 5,941.67 | | $ | 652.78 | | $ | 7,130.00 | 92.49%
Security Monitoring Repairs & Maint. | | 318.00 | | | 2,391.67 | | | (2,073.67) | | | 2,870.00 | 11.08%
Total Security Monitoring Services | $ | 6,912.45 | | $ | 8,333.33 | | $ | (1,420.88) | | $ | 10,000.00 | 69.12%
Utilities | | | | | | | | | | | |
Electric Services | $ | 37,573.73 | | $ | 54,166.67 | | $ | (16,592.94) | | $ | 65,000.00 | 57.81%
Telephone, Internet | | 3,942.44 | | | 3,333.33 | | | 609.11 | | | 4,000.00 | 98.56%
Water & Sewer Services | | 1,679.74 | | | 3,333.33 | | | (1,653.59) | | | 4,000.00 | 41.99%
Gate Kiosk Internet Services | | 2,249.96 | | | 2,375.00 | | | (125.04) | | | 2,850.00 | 78.95%
Total Utilities | $ | 45,445.87 | | $ | 63,208.33 | | $ | (17,762.46) | | $ | 75,850.00 | 59.92%
Extraordinary Services | | | | | | | | | | | |
Townhome Mailboxes Maint | $ | - | | $	1,200.00 | | $ | (1,200.00) | | $ | 1,440.00 | 0.00%
Total Maintenance Expenses | $ | 369,202.65 | | $ | 509,237.50 | | $ | (140,034.85) | | $ | 611,085.00 | 60.42%
Total Expenditures | $ | 557,500.39 | | $ | 688,672.67 | | $ | (131,172.28) | | $ | 826,407.20 | 67.46%
Other Financing Uses | | | | | | | | | | |
Capital Reserve Transfer Out | $ | - | | $	53,030.17 | | $ | (53,030.17) | | $ | 63,636.20 |
Disaster Reserve Transfer Out | | - | | | 25,000.00 | | | (25,000.00) | | | 30,000.00 |
Roadway Reserve Transfer Out | | - | | | 83,333.33 | | | (83,333.33) | | | 100,000.00 |
Total Other Financing Uses | $ | - | | $	161,363.50 | | $ | (161,363.50) | | $ | 193,636.20 |
Total Expenditures & Reserves | $ | 557,500.39 | | $ | 850,036.17 | | $ | (292,535.78) | | $ | 1,020,043.40 |
Revenues Less Expenditures | $ | 1,185,675.08 | | $ | 332,774.03 | | $ | 852,901.05 | | $ | 399,328.84 |
Bond Payments (S2022) | $ | 317,968.00 | | $ | 263,278.33 | | $ | 54,689.67 | | $ | 315,934.00 |
Balance | $ | 867,707.08 | | $ | 69,495.70 | | $ | 798,211.38 | | $ | 83,394.84 |
Assessment Fees & Discounts | | | | | | | | | | | |
County Appraiser & Tax Collector Fee | $ | 60,539.30 | | $ | 23,165.23 | | $ | 37,374.07 | | $ | 27,798.28 |
Discounts | | 37,436.21 | | | 46,330.47 | | | (8,894.26) | | | 55,596.56 |
Excess / (Shortfall) | $ | 769,731.57 | | $ | - | | $	769,731.57 | | $ | - |

Page 4 of 6

YTD Actual

$ 1,096,209.13
18,500.88
2,755.00
-

_$  1,117,465.01

$	3,600.00
25,395.07
43,840.00
41,666.70
7,252.60
2,750.00
4,500.00
69.71
- 3,000.00
49,674.00
1,278.73
175.00
2,500.00
2,646.90

$	188,348.71

_$	102,172.27

599.08
8,743.95 ^348.81

1,417.92 ^931.08
7,386.25
133.64
1,652.45

$	35,460.06
14,246.88

_$	19,299.30

$_6,450.3_03_0,375.49
7,626.19
_$	13,384.04
-
_$	65,000.00

Montecito CDD
Month By Month
For the Month Ending 7/31/2026
| | Oct-25 | | | Nov-25 | | | Dec-25 | | | Jan-26 | | | Feb-26
Revenues | | | | | | | | | | | | | |
O&M Assessments | $ | - | | $ | 12,610.57 | | $ | 962,188.62 | | $ | 22,916.94 | | $ | 26,613.57
Interest Income | | 82.52 | | | 52.88 | | | 2,715.40 | | | 5,682.40 | | | 2,070.80
Other Revenue | | - | | | 665.00 | | | 295.00 | | | 610.00 | | | -
Stormwater Control - Cost Share | | - | | | - | | | - | | | - | | | -
Net Revenues | $ | 82.52 | | $ | 13,328.45 | | $ | 965,199.02 | | $ | 29,209.34 | | $ | 28,684.37
General & Administrative Expenses | | | | | | | | | | | | | |
Supervisor Fees | $ | 400.00 | | $ | 400.00 | | $ | 400.00 | | $ | - | | $ | 400.00
District Engineer | | - | | | 5,721.42 | | | - | | | 1,152.40 | | | -
Legal Fees | | - | | | 10,185.00 | | | - | | | 4,097.50 | | | 3,955.00
District Management | | 4,166.67 | | | 4,166.67 | | | 4,166.67 | | | 4,166.67 | | | 4,166.67
Assessment Roll | | - | | | 7,000.00 | | | - | | | 252.60 | | | -
Website Maintenance | | 185.00 | | | 185.00 | | | 185.00 | | | 485.00 | | | 185.00
Auditing Services | | - | | | - | | | - | | | - | | | -
Tax Preparation Fees | | - | | | - | | | - | | | - | | | -
Arbitrage Rebate Calculation | | - | | | - | | | - | | | - | | | -
Trustee Fees | | 1,750.00 | | | - | | | - | | | - | | | -
Insurance | | 48,824.00 | | | - | | | - | | | 850.00 | | | -
Legal Advertising | | - | | | - | | | - | | | - | | | -
Dues, Licenses, and Fees | | 175.00 | | | - | | | - | | | - | | | -
Capital Reserve Study | | - | | | - | | | - | | | - | | | -
Contingency/Miscellaneous | | 396.70 | | | 246.79 | | | 238.23 | | | 0.74 | | | 553.06
Total General & Administrative Expenses | $ | 55,897.37 | | $ | 27,904.88 | | $ | 4,989.90 | | $ | 11,004.91 | | $ | 9,259.73
Maintenance Expense | | | | | | | | | | | | | |
Facility Attendant & General Mgmt. | $ | 10,202.87 | | $ | 10,202.87 | | $ | 10,202.87 | | $ | 10,202.87 | | $ | 10,202.87
Amenity Center Operations | | | | | | | | | | | | | |
Repairs & Maint. (Non-HVAC) | | 746.55 | | | 435.38 | | | 717.90 | | | 1,573.35 | | | 200.34
HVAC Repairs & Maint. | | - | | | - | | | - | | | - | | | -
Office Supplies | | - | | | - | | | - | | | - | | | 101.60
Janitorial Supplies | | - | | | - | | | 275.40 | | | - | | | 148.37
Janitorial Services | | 677.25 | | | 677.25 | | | 677.25 | | | 677.25 | | | 677.25
Pest Control & Termite Bond | | 82.00 | | | - | | | 82.00 | | | 458.64 | | | 82.00
Fitness Equipment Repairs & Maint. | | - | | | - | | | - | | | 1,000.00 | | | -
Playground Repairs & Maint. | | 133.64 | | | - | | | - | | | - | | | -
Pool Service Repairs & Maint. | | 1,444.00 | | | 1,498.92 | | | 1,003.00 | | | 1,003.00 | | | 1,003.00
Total Amenity Center | $ | 3,083.44 | | $ | 2,611.55 | | $ | 2,755.55 | | $ | 4,712.24 | | $ | 2,212.56
Irrigation | | | | | | | | | | | | | |
Irrigation Repairs & Maint. | $ | - | | $ | 843.36 | | $ | 2,217.58 | | $ | 1,793.30 | | $ | 1,347.41
Irrigation Monitoring | | 600.00 | | | 600.00 | | | 1,050.00 | | | 600.00 | | | 600.00
Hoover Pumps Repairs & Maint. | | - | | | 6,526.50 | | | - | | | - | | | 462.62
Total Irrigation | $ | 600.00 | | $ | 7,969.86 | | $ | 3,267.58 | | $ | 2,393.30 | | $ | 2,410.03
Stormwater Control | | | | | | | | | | | | | |
Aquatic Repairs & Maint. | $ | 1,711.09 | | $ | 1,268.80 | | $ | 1,268.80 | | $ | 1,268.80 | | $ | 1,268.80
Landscaping | | - | | | - | | | - | | | - | | | -
Landscaping Contracted Services | $ | 6,500.00 | | $ | 6,500.00 | | $ | 6,500.00 | | $ | 6,500.00 | | $ | 6,500.00
Additional Landscaping Repairs & Maint. | | - | | | 5,100.00 | | | - | | | - | | | 550.00
Plant Replacement | | - | | | - | | | - | | | - | | | -

Mar-26	Apr-26	May-26	Jun-26	Jul-26

$	4,971.59 | $  43,070.77 | $	3,763.75 | $	20,073.32 | $ | -
2,158.89 | 2,133.49 | 1,923.81 | 1,680.69 | | -
- - | - - | 565.00 - | 620.00 - | | - -
$	7,130.48 | | $  45,204.26 | | $	6,252.56 | | $	22,374.01 | | $	-

$	400.00 | | $	400.00 | | $	400.00 | | $	400.00 | | $	400.00
4,520.00 | | 5,432.50 | | 2,427.50 | | 4,282.50 | | 1,858.75
6,517.50 | | 4,510.00 | | 3,705.00 | | 6,435.00 | | 4,435.00
4,166.67 | | 4,166.67 | | 4,166.67 | | 4,166.67 | | 4,166.67
- | | - | | - | | - | | -
485.00 | | 185.00 | | 185.00 | | 185.00 | | 485.00
4,500.00 | | - | | - | | - | | -
69.71 | | - | | - | | - | | -
- | | - | | - | | - | | -
- | | - | | 1,250.00 | | - | | -
- | | - | | - | | - | | -
416.92 | | - | | 251.75 | | 610.06 | | -
- | | - | | - | | - | | -
- | | - | | - | | - | | 2,500.00
231.06 | | 77.82 | | 409.65 | | 492.85 | | -
$  21,306.86 | | $  14,771.99 | | $	12,795.57 | | $	16,572.08 | | $	13,845.42

$  10,333.97

432.45
- 129.66
344.99
-
-
-
- 1,922.98
$	2,830.08

$	971.52
600.00
118.11

$  10,202.87	$

812.28
-
- 171.80
- 84.00
-
- 1,794.00

$	2,862.08	$

$	1,794.85	$
600.00
-

7,287.76	$

774.70
- 31.44
341.46
-
-
-
- 1,444.00
2,591.60	$

3,578.02	$
600.00
-

11,666.66	$

481.00
114.08
27.47
135.90
2,400.00
58.44
320.95
- 2,183.98
5,721.82	$

3,697.01	$
600.00
-

11,666.66

2,570.00
485.00
58.64
- 1,600.00
84.00
331.50
- 950.00
6,079.14

3,056.25
600.00
518.96

$	1,689.63

$	1,319.55
-

$	2,394.85

$	2,639.10
-

$	4,178.02

$	1,319.55
-

$	4,297.01

$	1,319.55
-

$	4,175.21

$	-
-

Page 5 of 6

$	6,500.00
- 375.00

$	6,500.00	$
- 500.00

6,500.00	$
5,200.00
-

6,500.00	$
1,140.00
13,426.00

6,500.00
-
-

14,301.00

11,990.00

Montecito CDD
Month By Month

YTD Actual

-

$18,00101.90,0291.00
10,000.00

_$	3,678.40

-
4,360.21

$	13,110.50
5,071.89
_$	6,594.45
318.00

$	6,912.45

_$	37,573.73

3,942.44

$_1,679.4_65_4,445.77
2,249.96
_$	-

$	369,151.58

$ | 11,600.00 | | $ | 6,500.00 | | $ | 6,500.00 | | $ | 7,050.00 | | $ | 6,875.00 | | $ | 7,000.00 | | $ | 39,700.00 | | $ | 21,066.00 | | $ | 6,500.00
$ | - | | $ | - | | $ | - | | $ | - | | $ | - | | $ | - | | $ | - | | $ | 3,678.40 | | $ | -
| - | | | - | | | - | | | 290.00 | | | 2,067.53 | | | - | | | - | | | 1,055.00 | | | 479.68
| - | | | - | | | - | | | - | | | - | | | - | | | - | | | - | | | -
| 1,488.48 | | | - | | | - | | | - | | | - | | | 777.27 | | | - | | | 511.14 | | | 2,295.00
$ | 1,488.48 | | $ | - | | $ | - | | $ | 290.00 | | $ | 2,067.53 | | $ | 777.27 | | $ | - | | $ | 5,244.54 | | $ | 2,774.68
$ | 691.09 | | $ | 691.09 | | $ | 612.09 | | $ | 79.00 | | $ | 1,260.91 | | $ | 727.82 | | $ | 934.07 | | $ | 907.29 | | $ | 79.00
| - | | | 318.00 | | | - | | | - | | | - | | | - | | | - | | | - | | | -
$ | 691.09 | | $ | 1,009.09 | | $ | 612.09 | | $ | 79.00 | | $ | 1,260.91 | | $ | 727.82 | | $ | 934.07 | | $ | 907.29 | | $ | 79.00
$ | 3,473.93 | | $ | 3,819.66 | | $ | 4,029.18 | | $ | 3,505.85 | | $ | 3,440.59 | | $ | 3,799.36 | | $ | 4,013.77 | | $ | 3,815.65 | | $ | 4,152.71
| 352.00 | | | 352.00 | | | 352.00 | | | 352.00 | | | 365.60 | | | 365.60 | | | 588.08 | | | 497.60 | | | 365.56
| 376.27 | | | (161.23) | | | 161.23 | | | 356.73 | | | 133.70 | | | 183.40 | | | 297.02 | | | - | | | 332.52
| 219.98 | | | 220.00 | | | 220.00 | | | 220.00 | | | 230.00 | | | 230.00 | | | 230.00 | | | 230.00 | | | 230.00

For the Month Ending 7/31/2026

Oct-25 | Nov-25 | Dec-25 | Jan-26 | Feb-26 | Mar-26 | Apr-26 | May-26 | Jun-26 | Jul-26
Mulch | - | - | - | - | - | - | - | - | - | -
Palm Tree Maint. | - | | - | | - | | - | | - | | - | | - | | 18,000.00 | | - | | -
Oak Tree Maint. | - | | - | | - | | - | | - | | - | | - | | 10,000.00 | | - | | -
Total Landscaping | $	6,500.00 | | | | | | | | | | | | | | | | | |

Common Areas, Right of Ways & Walls
Streetlight Repairs & Maint.

$	-

Entry Vehicular Gates Repairs & Maint. Pedestrian Entry Gates & Walls Maint.
Common Area Repairs & Maint.

468.00
-
-

Total Common Areas, Right of Ways & Walls | $	468.00 | | | | | | | | | | | | | | | | | |

Security Monitoring Services
Fire Detection Services

$	612.09

Security Monitoring Repairs & Maint. | - | | | | | | | | | | | | | | | | | |
Total Security Monitoring Services | $	612.09 | | | | | | | | | | | | | | | | | |

Utilities
Electric Services

$	3,523.03

Telephone, Internet Water & Sewer Services
Gate Kiosk Internet Services

352.00
- 219.98

Total Utilities | $	4,095.01 | | $	4,422.18 | | $	4,230.43 | | $	4,762.41 | | $	4,434.58 | | $	4,169.89 | | $	4,578.36 | | $	5,128.87 | | $	4,543.25 | | $	5,080.79
Extraordinary Services | | | | | | | | | | | | | | | | | | |
Townhome Mailboxes Maintenance | $ | - | $ | - | $ | - | $ | - | $ | - | $ | - | $ | - | $ | - | $ | - | $ | -
Total Maintenance Expenses | $  27,272.50 | | $	40,254.83 | | $  29,234.32 | | $	30,451.71 | | $  27,947.84 | | $  30,546.56 | | $  31,182.35 | | $	61,139.87 | | $	54,766.12 | | $	36,355.48 |
Total Expenditures | $  83,169.87 | | $	68,159.71 | | $  34,224.22 | | $	41,456.62 | | $  37,207.57 | | $  51,853.42 | | $  45,954.34 | | $	73,935.44 | | $	71,338.20 | | $	50,200.90 | $	557,500.29
Income (Loss) from Operations | $ (83,087.35) | $  (54,831.26) | $ 930,974.80 | $  (12,247.28) | $  (8,523.20) | $ (44,722.94) | $	(750.08) | $  (67,682.88) | $	(48,964.19) | $	(50,200.90) | $	559,964.72

Page 6 of 6

Montecito Community Development District

Staff Reports

Montecito Community Development District

General Managers Report

Montecito Community Development District Manager’s Report – Community Operations Update
Date: August’s monthly report Meeting date: September 2, 2026

Landscaping and Grounds Maintenance

Routine landscaping services were performed throughout the community.
CDD-maintained grass reported dry. ProGreen will be inspecting each area and submitting a list of affected sod.
New irrigation map added to the District website.
Estimates received. See ProGreen’s report for additional information.
Pool and Amenity Maintenance
All safety equipment has been inspected and remains in compliance.
Pool maintenance - 5 days a week.
Pedestrian gate on Shearwater has been removed temporarily for repair.
Solitude inspected all fountains. Fountain in lake Coquina needs a light wire replacement. Waiting for quote.
Lake Valencia has been treated for chara growth.
Pool furniture cushion organized daily.
Janitorial service is provided 3 times per week.

Building & Facility Repairs
Sonitrol replaced non-functional keypad
Pest control service – done.

Weekend Facility
Scrape and spray-painted selected sign pole bases
Organized utility closet
AM & PM community drive-through
Completed daily assignments
Enforced parking policy accordingly
Install gym bathroom transition strip
Pressure washed the clubhouse entrance and pool lanai pavers
Remove pond debris

Resident Concerns & Communications

Tickets received:
Parking Lot – Completed
Irrigation - Completed
Light poles – Completed
Irrigation – Completed
Lakes – In process

Upcoming Projects – Suggestions

Community sidewalk pressure wash.
Pool Furniture – Powder coat – WAITING FOR APPROVAL
Carlsbad paver replaced – quotes

Manager’s Notes
Overall operations remain in order, and no major disruptions are anticipated. All vendors are performing within expected timelines, and communication with residents continues to be proactive and responsive.