Coconut Cay Community Development District

www.coconutcaycdd.com April Williams – Chair
Clarence Strong III – Vice Chairman Marvin Cordero – Assistant Secretary Linda Holloway – Assistant Secretary Malcolm Jones – Assistant Secretary

January 21, 2026

Seat 3: April Williams – (C.)		
Seat 1: Clarence Strong III – (V.C.)		
Seat 4: Marvin Cordero – (A.S.)		
Seat 2: Linda Holloway– (A.S.)		
Seat 5: Malcolm Jones – (A.S.)		

Coconut Cay
Community Development District
Agenda
Wednesday	City of Miami Gardens City Hall, (Community Room) January 21, 2026		18605 NW 27 Avenue, Miami Gardens, FL 33056 3:00p.m.			Join the meeting now
Meeting ID: 251 074 908 165 and Passcode: q4vm6PU3
1 872-240-4685 and Phone Conference ID: 803 914 900#

Roll Call

Audience Comments (Related to Right to Speak Statute Changes) – Public Comment Limited to 3 Minutes
Approval of Minutes of the May 21, 2025 Meeting – Page 3

Discussion of Digitization of Existing Stormwater Infrastructure Data into ArcGIS – Page 8

Ratification of Engagement Letter with Berger, Toombs, Elam, Gaines, & Frank to perform the Audit for Fiscal Year Ending September 30, 2025 – Page 10

Staff Reports
Attorney

Engineer – District Engineer’s Report for Fiscal Year 2025-2026 – Page 23

Field – Monthly Report – this item will be provided under separate cover as soon as it becomes available

Manager
Update on Pump System
Final Approval of the FY2024 – FY2025 Report Performance Measures and Standards
– Page 28
Consideration of FY2025 – FY2026 Performance Measures and Standards as Required by Florida Statute 189.0694 – Page 33
Financial Reports
Approval of Check Run Summary – Page 38

Acceptance of Unaudited Financials – Page 46

Supervisors Requests and Audience Comments

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

MINUTES OF MEETING COCONUT CAY
COMMUNITY DEVELOPMENT DISTRICT

The regular meeting of the Board of Supervisors of the Coconut Cay Community Development District was held on Wednesday, May 21, 2025, at 3:00 p.m. at 18605 NW 27th Avenue, Miami Gardens, Florida.

Present and constituting a quorum were:

Clarence Strong	Vice Chairman
Marvin Cordero	Assistant Secretary
Linda Holloway	Assistant Secretary

Also present were:
Paul Winkeljohn	District Manager
Alyssa Willson	District Counsel (by phone)

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

SECOND ORDER OF BUSINESS	Audience	Comments	(Related	to
Right to Speak Statute Changes – Public Comment Limited to 3 Minutes)
There not being any, the next item followed.

THIRD ORDER OF BUSINESS	Approval of Minutes of the March 19,
2025 Meeting
Mr. Winkeljohn presented the minutes from the March 19, 2025 meeting, asked for any comments or changes, and upon hearing none, asked for a motion to approve them.

On MOTION by Ms. Holloway seconded by Mr. Strong with all in favor, the Minutes of the March 19, 2025 Meeting were approved as presented.

May 21, 2025	Coconut Cay CDD

FOURTH ORDER OF BUSINESS	Public Hearing to Adopt the Fiscal
Year 2026 Budget
Motion to Open the Public Hearing
Mr. Winkeljohn presented item No. 4, the public hearing to adopt the fiscal year 2026 budget and asked for a motion to open the public hearing.

On MOTION by Mr. Strong seconded by Mr. Cordero with all in favor, opening the Public Hearing was approved.

Public Comment and Discussion
Consideration of Resolution #2025-04 Annual Appropriation Resolution
Mr. Winkeljohn stated there was no audience in attendance for any public comment or discussion. He then gave a brief explanation relating to the budget stating this was the same budget that was proposed at a prior meeting and there was no increase to the assessments, therefore, they are exactly the same as the previous year. He then moved to resolution #2025-04, the annual appropriation resolution and asked for any questions or comments. Upon hearing none, he asked for a motion to approve the resolution.

On MOTION by Mr. Strong seconded by Ms. Holloway with all in favor, Resolution #2025-04 the Annual Appropriation Resolution was approved.

Consideration of Resolution #2025-05 Levy of Non Ad Valorem Assessments
Mr. Winkeljohn presented resolution #2025-05 levy of the Non-Ad Valorem Assessments and gave a brief explanation of this item. He then asked for any comments or questions, and upon hearing none, asked for a motion to approve the resolution.

On MOTION by Ms. Holloway seconded by Mr. Cordero with all in favor, Resolution #2025-05 Levy of Non Ad Valorem was approved.

Motion to Close the Public Hearing
Mr. Winkeljohn then asked for a motion to close the public hearing.

On MOTION by Mr. Strong seconded by Ms. Holloway with all in favor, closing the Public Hearing was approved.

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May 21, 2025	Coconut Cay CDD

FIFTH ORDER OF BUSINESS	Staff Reports
Attorney
Ms. Willson stated there was a request from the developer for the CDD to accept the small piece of property which was discussed at a previous meeting. She also stated the engineer had reviewed it as well and it did not appear that it would necessarily serve a purpose for the District as far as putting a pump station or something else on that tract of land. Ms. Willson made a few additional comments relating to this item.
Mr. Winkeljohn also made a few comments as well, and then asked for any questions or comments.
(At this point there was a brief discussion among the Board members and Mr.
Winkeljohn relating to this item)

Mr. Winkeljohn then asked for a motion to authorize staff to take the necessary actions to transfer the property depending on a clean title.
approve a quit claim deed with title confirmation.

On MOTION by Ms. Holloway seconded by Mr. Strong with all in favor, authorizing to approve all necessary actions to transfer the piece of property subject to a clean title search was approved.

Ms. Willson also stated the legislation session was still wrapping up and once the session had concluded which was extended they would let the Board know but, so far, no major items impacting Special Districts but, she would have some updates to the rules of procedures to incorporate some additional procurement requirements that were passed.

Engineer
Mr. Winkeljohn gave a quick engineering update stating everything was still on schedule for the permitting of the pump station. They had their meeting and they drafted the modeling and sent it in for a quick review, and he should hear back in the next week or two on that, however, there were no new updates on anything else.
(At this point there was a brief discussion among the Board members and Mr. Winkeljohn relating to this item)

3

May 21, 2025	Coconut Cay CDD

Field – Monthly Report
Mr. Winkeljohn stated the most updated field report was submitted and was included in the agenda which gives a summary of the pump project and other maintenance items as well.
Manager
Update on Pump System
Consideration of Proposed Fiscal Year 2026 Meeting Schedule
Discussion of Financial Disclosure Report from the Commission on Ethics and Reminder to File Annual Form
Number of Registered Voters in the District – 1,463
Mr. Winkeljohn stated the pump system update was already addressed under the engineer. He then presented the proposed fiscal year 2026 meeting schedule, asked for any questions or comments and upon hearing none, asked for a motion to approve.

On MOTION by Mr. Strong seconded by Ms. Holloway with all in favor, accepting the proposed Fiscal Year 2026 Meeting Schedule was approved.

Mr. Winkeljohn then presented the discussion of financial disclosure report and gave a brief explanation of the report stating he received his email this week from the state to renew his Form 1 and the Board members should be receiving theirs as well, but as of May 15, 2025 the report showed no one had filed their Form 1s. He also reminded the Board to file their annual forms which were due by July 1st and this year everyone should check the box that states they took the 4 hours of ethics training. Mr. Winkeljohn also announced the number of registered voters in the District as 1,463.

SIXTH ORDER OF BUSINESS	Financial Reports
Approval of Check Run Summary
Acceptance of Unaudited Financials
Mr. Winkeljohn presented the financial reports, gave a brief update stating he had nothing of significance to report or bring to the attention of the Board. He then asked for any comments or questions. Upon not hearing any, asked for a motion to approve the check run summary, and the unaudited financials.

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May 21, 2025	Coconut Cay CDD

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

SEVENTH ORDER OF BUSINESS	Supervisors	Requests	and
Audience Comments
There not being any, the next item followed.

EIGHTH ORDER OF BUSINESS	Adjournment
Mr. Winkeljohn asked if there was any other business to discuss, and upon hearing nothing further, asked for a motion to adjourn the meeting.

On MOTION by Mr. Strong seconded by Ms. Holloway with all in favor the meeting was adjourned.

Secretary /Assistant Secretary	Chairman / Vice Chairman

5

Docusign Envelope ID: F18DABB0-B796-492B-90EB-ED7218E79A5A

8935 NW 35 Lane, Suite 101 Doral, FL 33172
Tel (305) 640-1345
Email Alvarez@AlvarezEng.com Website www.alvarezeng.com

August 25, 2025

Coconut Cay CDD Attn: District Manager
Governmental Management Services, Inc. 5385 North Nob Hill Road
Sunrise, FL 33351

Via:	Email Only: pwinkeljohn@gmssf.com

Reference:	Digitization of Existing Stormwater Infrastructure Data into ArcGIS for Coconut Cay Community Development District

Dear Paul and CDD Board of Supervisors,

It is recommended that Coconut Cay Community Development District (the “District” or “CDD”) adopt a comprehensive stormwater infrastructure maintenance program utilizing Geographic Information Systems (“GIS”) as a management tool.

Comprehensive Stormwater Infrastructure Management Strategy
A properly structured maintenance program will include the following key components:
Comprehensive Asset Inventory: Establishing a detailed inventory of maintained stormwater infrastructure provides a foundation for informed decision-making. This inventory ensures all assets are accounted for and facilitates effective tracking over time.
Detailed Maintenance Records: Accurate records of maintenance activities enable districts to monitor system performance, plan for future needs, and provide transparency in reporting to regulatory agencies and stakeholders.
Proactive Maintenance: Minimizes risks such as flooding and system failures while reducing costly emergency repairs. Prioritizing critical structures based on factors like previous service dates ensures efficient resource allocation.
Regular Reporting: Routine reporting on the condition and upkeep of stormwater infrastructure ensures accountability and supports compliance with local and state requirements.
GIS will serve as the cornerstone of the recommended maintenance program and will provide advanced management tools to:
Visualize and Manage Spatial Data: Create detailed geospatial maps of stormwater systems to streamline asset management.
Track Maintenance Activities: Log deficiencies, corrections, and service dates for comprehensive system oversight.

M:\Contracts\Executed\Arcgis Drafts\GMS\MDC - Arcgis Proposal Draft GMS.Doc

Docusign Envelope ID: F18DABB0-B796-492B-90EB-ED7218E79A5A

8935 NW 35 Lane, Suite 101 Doral, FL 33172
Tel (305) 640-1345
Email Alvarez@AlvarezEng.com Website www.alvarezeng.com

Ensure Regulatory Compliance: Meet requirements such as Miami-Dade County's GIS-based infrastructure reporting for CDDs with stormwater management systems that connect to downstream County-owned stormwater facilities, and Class V Dewatering Permit tracking for any maintenance dewatering activity of stormwater systems.
Support Long-Term Planning: Use GIS data to project trends, budget for unforeseen expenses, and align with SFWMD's 20-Year Assessment under Chapter 403.9302.

Scope of Services
Therefore, with this letter of engagement, we are offering the District the following scope of services:
Digitization of existing CDD-owned and operated stormwater infrastructure data into ArcGIS:
Implement a GIS platform to map, analyze, and monitor stormwater systems, including basins, detention ponds, and drainage infrastructure
Conduct field visits to verify, assess, and document the condition of infrastructure and environmental assets within the district, ensuring alignment with GIS data and regulatory compliance
Upload the latest maintenance record of each asset

Compensation
Total compensation for the digitization of stormwater infrastructure data will be a lump sum amount of $15,000.00. Invoices will be prepared by Alvarez Engineers at the completion of digitization services. It is our understanding that invoices are due and payable by the District thirty days after the invoice has been submitted.

Please acknowledge acceptance of this proposal by signing below. We look forward to working with the District on this project.

For the District	Juan R. Alvarez, PE
Date:	President, Alvarez Engineers, Inc.

2

October 21, 2025

Coconut Cay Community Development District Governmental Management Services
5385 N Nob Hill Road Sunrise, FL 33351

The Objective and Scope of the Audit of the Financial Statements

You have requested that Berger, Toombs, Elam, Gaines & Frank CPAs PL (“we”) audit Coconut Cay Community Development District’s, (the “District”), governmental activities and each major fund as of and for the year ending September 30, 2025, which collectively comprise the District’s basic financial statements. We are pleased to confirm our acceptance and our understanding of this audit engagement by means of this letter for the year ending September 30, 2025, and thereafter if mutually agreed upon by Coconut Cay Community Development district and Berger, Toombs, Elam, Gaines & Frank.
The objectives of our audit are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance but is not absolute assurance and therefore is not a guarantee that an audit conducted in accordance with auditing standards generally accepted in the United States of America (“GAAS”) and Government Auditing Standards issued by the Comptroller General of the United States (“GAS”) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if there is a substantial likelihood that, individually or in the aggregate, they would influence the judgment made by a reasonable user based on the financial statements. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of controls.
The Responsibilities of the Auditor

We will conduct our audit in accordance with GAAS and GAS. Those standards require that we comply with applicable ethical requirements. As part of an audit in accordance with GAAS and GAS, we exercise professional judgement and maintain professional skepticism throughout the audit. We also:
Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, based on an understanding of the entity and its environment, the applicable financial reporting framework, and the entity’s system of internal control, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion;

Coconut Cay Community Development District October 21, 2025
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Consider the entity’s system of internal control in order to design audit procedures that are appropriate in the circumstances but not for the purpose of expressing an opinion on the effectiveness of the District’s internal control. However, we will communicate to you in writing concerning any significant deficiencies or material weaknesses in internal control relevant to the audit of the financial statements that we have identified during the audit;

Evaluate the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluate the overall presentation of the financial statements, including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation; and
Conclude, based on the audit evidence obtained, whether there are conditions or events, considered in the aggregate, that raise substantial doubt about the District’s ability to continue as a going concern for the reasonable period of time.

Because of the inherent limitations of an audit, together with the inherent limitations of controls, an unavoidable risk that some material misstatements may not be detected exists, even though the audit is properly planned and performed in accordance with GAAS and GAS. Because the determination of waste or abuse is subjective, GAS does not require auditors to perform specific procedures to detect waste or abuse in financial statement audits.
We will also communicate to the Board (a) any fraud involving senior management and fraud (whether caused by senior management or other employees) that causes a material misstatement of the financial statements that becomes known to us during the audit, and (b) any instances of noncompliance with laws and regulations that we become aware of during the audit (unless they are clearly inconsequential).

We will maintain our independence in accordance with the standards of the American Institute of Certified Public Accountants (“AICPA”) and GAS.
The Responsibilities of Management and Identification of the Applicable Financial Reporting Framework
Management is responsible for:

Identifying and ensuring that the District complies with the laws and regulations applicable to its activities, and for informing us about all known violations of such laws or regulations, other than those that are clearly inconsequential;

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The design and implementation of programs and controls to prevent and detect fraud, and for informing us about all known or suspected fraud affecting the District involving management, employees who have significant roles in internal control, and others where the fraud could have a material effect on the financial statements; and

Informing us of its knowledge of any allegations of fraud or suspected fraud affecting the District received in communications from employees, former employees, analysts, regulators, short sellers, vendors, customers or others.

Management is responsible for the required supplementary information (“RSI”) which accounting principles generally accepted in the United States of America (“U.S. GAAP”) require to be presented to supplement the basic financial statements.
The Board is responsible for informing us of its views about the risks of fraud, waste or abuse within the District, and its knowledge of any fraud, waste or abuse or suspected fraud, waste or abuse affecting the District.

Our audit will be conducted on the basis that management acknowledges and understands that it has responsibility:
For the preparation and fair presentation of the financial statements in accordance with
U.S. GAAP;
To evaluate subsequent events through the date the financial statements are issued. Management also agrees that it will not conclude on subsequent events earlier than the date of the management representation letter referred to below;

For the design, implementation and maintenance of internal control relevant to the preparation of fair presentation of financial statements that are free from material misstatement, whether due to fraud or error;

For report distribution; and
To provide us with:

Access to all information of which management is aware that is relevant to the preparation and fair presentation of the financial statements including information relevant to disclosures;

Information relevant to the preparation and fair presentation of the financial statements, when needed, to allow for the completion of the audit in accordance with the proposed timeline;

Additional information that we may request from management for the purpose of the audit; and

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Unrestricted access to persons within the District from whom we determine it necessary to obtain audit evidence.
As part of our audit process, we will request from management written confirmation concerning representations made to us in connection with the audit, including among other items:
That management has fulfilled its responsibilities as set out in the terms of this Engagement Letter; and

That it believes the effects of any uncorrected misstatements aggregated by us during the current engagement and pertaining to the latest period presented are immaterial, both individually and in the aggregate, to the financial statements taken as a whole.
Reporting

We will issue a written report upon completion of our audit of the District’s financial statements. Our report will be addressed to the Board of Supervisors of the District. Circumstances may arise in which our report may differ from its expected form and content based on the results of our audit. Depending on the nature of these circumstances, it may be necessary for us to modify our opinion, or add an emphasis-of-matter paragraph or other-matter paragraph to our auditor’s report.

If circumstances arise relating to the condition of the District’s records, the availability of appropriate audit evidence or indications of a significant risk of material misstatement of the financial statements because of error, fraudulent financial reporting or misappropriation of assets which, in our professional judgement, prevent us from completing the audit or forming an opinion, we retain the unilateral right to take any course of action permitted by professional standards, including, but not limited to, declining to express an opinion or issue a report, or withdrawing from the engagement.
In addition to our report on the District’s financial statements, we will also issue the following reports:
Report on Internal Control Over Financial Reporting and on Compliance and Other Matters Based on an Audit of Financial Statements Performed in Accordance with GAS;
Auditor General Management Letter, if applicable; and

Report on Compliance with Section 218.415, Florida Statutes, if applicable.

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Records and Assistance

During the course of our engagement, we may accumulate records containing data that should be reflected in the District’s books and records. The District will determine that all such data, if necessary, will be so reflected. Accordingly, the District will not expect us to maintain copies of such records in our possession.
The assistance to be supplied by District personnel, including the preparation of schedules and analyses of accounts, will be discussed and coordinated with a designated individual, serving on behalf of management. The timely and accurate completion of this work is an essential condition to our completion of the audit and issuance of our audit report.

Non-audit Services

In connection with our audit, you have requested us to perform the following non-audit services:

Assistance in drafting the District’s financial statements in accordance with accounting principles generally accepted in the United States of America, based on information provided by the District. While we will assist in drafting the financial statements, management retains responsibility for the financial statements, including their fair presentation, the selection and application of accounting principles, the accuracy and completeness of the underlying financial information, and for reviewing, approving, and accepting the financial statements prior to their issuance. Management is also responsible for establishing and maintaining effective internal controls relevant to the financial reporting process.
GAS independence standards require that the auditor maintain independence so that opinions, findings, conclusions, judgments, and recommendations will be impartial and viewed as impartial by reasonable and informed third parties. Before we agree to provide a non-audit service to the District, we determine whether providing such a service would create a significant threat to our independence for GAS audit purposes, either by itself or in aggregate with other non-audit services provided. A critical component of our determination is consideration of management’s ability to effectively oversee the non-audit services to be performed. The District has agreed to designate an individual, serving on behalf of management, who possesses suitable skill, knowledge, and experience, and who understands the non-audit services to be performed and described above sufficiently to oversee them. Accordingly, the management of the District agrees to the following:
The District will designate a qualified individual, serving in a management capacity, who possesses suitable skill, knowledge, and experience to oversee the services;

The designated individual will assume all management responsibilities for the subject matter and scope of the non-audit service described above;

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The District will evaluate the adequacy and results of the services performed; and

The District accepts responsibility for the results and ultimate use of the services.

GAS further requires that we establish an understanding with the District’s management or those charged with governance of the objectives of the non-audit services, the services to be performed, the District’s acceptance of its responsibilities, the auditor’s responsibilities, and any limitations of the non-audit services. We believe this Engagement Letter documents that understanding.
Other Relevant Information

In accordance with GAS, a copy of our most recent peer review report has been provided to you, for your information.
Fees and Costs

Our fees for the services described above are based upon the value of the services performed and the time required by the individuals assigned to the engagement, plus direct expenses. Billings are due upon submission. Our fee for the services described in this letter for the year ending September 30, 2025 will not exceed $3,625 unless the scope of the engagement is changed, the assistance which the District has agreed to furnish is not provided, or unexpected conditions are encountered, in which case we will discuss the situation with you before proceeding. Our fee and the timely completion of our work are based on anticipated cooperation from District personnel, timely responses to our inquiries, timely completion and delivery of client assistance requests, timely communication of all significant accounting and financial reporting matters, and the assumption that no unexpected circumstances will be encountered during the engagement. All other provisions of this letter will survive any fee adjustment.
Use and Ownership; Access to Audit Documentation

The Audit Documentation for this engagement is the property of Berger, Toombs, Elam, Gaines, & Frank. For the purposes of this Engagement Letter, the term “Audit Documentation” shall mean the confidential and proprietary records of Berger, Toombs, Elam, Gaines, & Frank’s audit procedures performed, relevant audit evidence obtained, other audit-related workpapers, and conclusions reached. Audit Documentation shall not include custom-developed documents, data, reports, analyses, recommendations, and deliverables authored or prepared by Berger, Toombs, Elam, Gaines, & Frank for the District under this Engagement Letter, or any documents belonging to the District or furnished to Berger, Toombs, Elam, Gaines, & Frank by the District.

Coconut Cay Community Development District October 21, 2025
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Review of Audit Documentation by a successor auditor or as part of due diligence is subject to applicable Berger, Toombs, Elam, Gaines, & Frank policies, and will be agreed to, accounted for and billed separately. Any such access to our Audit Documentation is subject to a successor auditor signing an Access and Release Letter substantially in Berger, Toombs, Elam, Gaines, & Frank’s form. Berger, Toombs, Elam, Gaines, & Frank reserves the right to decline a successor auditor’s request to review our Audit Documentation.

In the event we are required by government regulation, subpoena or other legal process to produce our documents or our personnel as witnesses with respect to our engagement for the District, the District will, so long as we are not a party to the proceeding in which the information is sought, reimburse us for our professional time and expenses, as well as the fees and expenses of our counsel, incurred in responding to such requests.
Indemnification, Limitation of Liability, and Claim Resolution

Because we will rely on the District and its management and Board of Supervisors to discharge the foregoing responsibilities, the District agrees to indemnify, holds harmless and releases Berger, Toombs, Elam, Gaines & Frank, its partners, directors, and employees from all third-party claims, liabilities, losses and costs arising in circumstances where there has been a knowing misrepresentation by a member of the District’s management.

The District and Berger, Toombs, Elam, Gaines & Frank agree that no claim arising out of, from, or relating to the services rendered pursuant to this engagement letter shall be filed more than two years after the date of the audit report issued by Berger, Toombs, Elam, Gaines & Frank or the date of this engagement letter if no report has been issued. To the fullest extent permitted by Florida law, our firm shall not be liable for any loss of profits, business interruption, or other consequential, incidental, or punitive damages. In all circumstances, the total liability for any claim arising from this engagement will not exceed the total amount of the fees paid by the District to Berger, Toombs, Elam, Gaines & Frank under this engagement letter. Notwithstanding the foregoing, nothing in this limitation of liability provision shall, or shall be interpreted or construed to, relieve the District of its payment obligations to Berger, Toombs, Elam, Gaines & Frank under this Engagement Letter.
Confidentiality

Berger, Toombs, Elam, Gaines & Frank is committed to the safe and confidential treatment of the District’s proprietary information. Berger, Toombs, Elam, Gaines & Frank is required to maintain the confidential treatment of client information in accordance with relevant industry professional standards which govern the provision of services described herein. The District agrees that it will not provide Berger, Toombs, Elam, Gaines & Frank with any unencrypted electronic confidential or proprietary information, and the parties agree to utilize commercially reasonable measures to maintain the confidentiality of the District’s information, including the use of collaborate sites to ensure the safe transfer of data between the parties.

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Retention of Records

We will return to you all original records you provide to us in connection with this engagement. Further, in addition to providing you with those deliverables set forth in this Engagement Letter, upon request, we will provide you with a copy of any records we prepare or accumulate in connection with such deliverables which are not otherwise reflected in your books and records without which your books and records would be incomplete. You have the sole responsibility for retaining and maintaining in your possession or custody all of your financial and non-financial records related to this engagement. We will not host, and will not accept responsibility to host, any of your records. We, however, may maintain a copy of any records of yours necessary for us to comply with applicable law and/or professional standards or to exercise our rights under this Engagement Letter. Any such records retained by us will be destroyed in accordance with our record retention policies.
Termination

Either party hereto may terminate this Engagement Letter for any reason upon fifteen (15) days’ prior written notice to the other party. In the event the District terminates this engagement, the District will pay us for all services rendered, expenses incurred, and noncancelable commitments made by us on the District’s behalf through the effective date of termination.
Either party may terminate this Engagement Letter upon written notice if: (i) circumstances arise that in its judgment cause its continued performance to result in a violation of law, a regulatory requirement, applicable professional or ethical standards, or in the case of Berger, Toombs, Elam, Gaines, & Frank, our client acceptance or retention standards; or (ii) if the other party is placed on a Sanctioned List, or if any director or executive of, or other person closely associated with such other party or its affiliate, is placed on a Sanctioned List.
Neither Berger, Toombs, Elam, Gaines & Frank nor the District shall be responsible for any delay or failure in its performance resulting from acts beyond our reasonable control or unforeseen or unexpected circumstances, such as, but not limited to, acts of God, government or war, riots or strikes, disasters, fires, floods, epidemics, pandemics, or outbreaks of communicable disease, cyberattacks, and internet or other system or network outages. At the District’s option, the District may terminate this Engagement Letter where our services are delayed more than 120 days; however, the District is not excused from paying us for all amounts owed for services rendered and deliverables provided prior to the termination of this Engagement Letter.

The parties agree that those provisions of this Engagement Letter which, by their context, are intended to survive, including, but not limited to, payment, limitations on liability, claim resolution, use and ownership, and confidentiality obligations, shall survive the termination of this Engagement Letter.

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Miscellaneous

We may mention your name and provide a general description of the engagement in our client lists and marketing materials.
Each party hereto affirms it has not been placed on a Sanctioned List (as defined below) and will promptly notify the other party upon becoming aware that it has been placed on a Sanctioned List at any time throughout the duration of this Engagement Letter. The District shall not, and shall not permit third parties to, access or use any of the deliverables provided for hereunder, or Third-Party Products provided hereunder, in violation of any applicable sanctions laws or regulations, including, but not limited to, accessing or using the deliverables provided for hereunder or any Third-Party Products from any territory under embargo by the United States. The District shall not knowingly cause Berger, Toombs, Elam, Gaines & Frank to violate any sanctions applicable to Berger, Toombs, Elam, Gaines & Frank. As used herein “Sanctioned List” means any sanctioned person or entity lists promulgated by the Office of Foreign Assets Control of the U.S. Department of the Treasury and the U.S. State Department.
Any term of this Engagement Letter that would be prohibited by or impair our independence under applicable law or regulation shall not apply, to the extent necessary only to avoid such prohibition or impairment.

Governing Law
This Engagement Letter, including, without limitation, its validity, interpretation, construction, and enforceability, and any dispute, litigation, suit, action, claim, or other legal proceeding arising out of, from, or relating in any way to this Engagement Letter, any provisions herein, a report issued or the services provided hereunder, will be governed and construed in accordance with the laws of the State of Florida, without regard to its conflict of law principles, and applicable U.S. federal law.

Entire Agreement

This Engagement Letter constitutes the entire agreement between Berger, Toombs, Elam, Gaines & Frank and the District, and supersedes all prior agreements, understandings, and proposals, whether oral or written, relating to the subject matter of this Engagement Letter including any separate nondisclosure agreement executed between the parties.

If any term or provision of this Engagement Letter is determined to be invalid or unenforceable, such term or provision will be deemed stricken and all other terms and provisions will remain in full force and effect.

This Engagement Letter may be amended or modified only by a written instrument executed by both parties.

ifb Berger, Toombs, Elam,

,O,, Gaines & Frank

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Electronic Signatures and Counterparts

This Engagement Letter may be executed in one or more counterparts, each of which will be deemed to be an original, but all of which taken together will constitute one and the same instrument. Each party agrees that any electronic signature of a party to this Engagement Letter or any electronic signature to a document contemplated hereby (including any representation letter) is intended to authenticate such writing and shall be as valid and have the same force and effect as a manual signature.

Acknowledgement and Acceptance

Each party acknowledges that it has read and agrees to all of the terms contained herein. Each party and its signatory below represent that said signatory is a duly authorized representative of such party and has the requisite power and authority to bind such party to the undertakings and obligations contained herein.
Please sign and return this letter to indicate your acknowledgment of, and agreement with, the terms of this Engagement Letter.

BERGER, TOOMBS, ELAM, GAINES & FRANK CERTIFIED PUBLIC ACCOUNTANTS PL
Maritza Stonebraker, CPA

Confirme(\:	behalf of the addressee:

Sign: ---'-'- �- V'vv:J	

Title: 	
Date: _---41{,_..:�...._{U;	_

6815 Dairy Road
Zephyrhills, FL 33542

813.788.2155
Bod1nePerry.com

To the Partners of

Report on the Firm's System of Quality Control
November 30, 2022

Berger, Toombs, Elam, Gaines & Frank, CPAs, PL
and the Peer Review Committee of the Florida Institute of Certified Public Accountants

We have reviewed the system of quality control for the accounting and auditing practice of Berger, Toombs, Elam, Gaines & Frank, CPAs, PL (the firm), in effect for the year ended May 31, 2022. Our peer review was conducted in accordance with the Standards for Performing and Reporting on Peer Reviews established by the Peer Review Board of the American Institute of Certified Public Accountants (Standards).

A summary of the nature, objectives, scope, limitations of, and the procedures performed in a System Review as described in the Standards may be found at aicpa.org/prsummary. The summary also includes an explanation of how engagements identified as not performed or reported in conformity with applicable professional standards, if any, are evaluated by a peer reviewer to determine a peer review rating.
Firm's Responsibility
The firm is responsible for designing a system of quality control and complying with it to provide the firm with reasonable assurance of performing and reporting in conformity with applicable professional standards in all material respects. The firm is also responsible for evaluating actions to promptly remediate engagements deemed as not performed or reported in conformity with professional standards, when appropriate, and for remediating weaknesses in its system of quality control, if any.
Peer Reviewer's Responsibility
Our responsibility is to express an opinion on the design of the system of quality control, and the firm's compliance therewith based on our review.
Required Selections and Considerations
Engagements selected for review included engagements performed under Government Auditing Standards, including a compliance audit under the Single Audit Act.
As a part of our peer review, we considered reviews by regulatory entities as communicated by the firm, if applicable, in determining the nature and extent of our procedures.
Opinion
In our opinion, the system of quality control for the accounting and auditing practice of Berger, Toombs, Elam, Gaines & Frank, CPAs, PL, in effect for the year ended May 31, 2022, has been suitably designed and complied with to provide the firm with reasonable assurance of performing and reporting in conformity with applicable professional standards in all material respects. Firms can receive a rating of pass, pass with deficiency(ies), or fail Berger, Toombs, Elam, Gaines & Frank, CPAs, PLC, has received a peer review rating of pass.

Bodine Perry	(BERGER_REPORT22)

ADDENDUM TO ENGAGEMENT LETTER BETWEEN BERGER, TOOMBS, ELAM, GAINES AND FRANK AND COCONUT CAY COMMUNITY DEVELOPMENT DISTRICT
(DATED OCTOBER 21, 2025)

Public Records. Auditor shall, pursuant to and in accordance with Section 119.0701, Florida Statutes, comply with the public records laws of the State of Florida, and specifically shall:

Keep and maintain public records required by the District to perform the services or work set forth in this Agreement; and

Upon the request of the District’s custodian of public records, provide the District with a copy of the requested records or allow the records to be inspected or copied within a reasonable time at a cost that does not exceed the cost provided in Chapter 119, Florida Statutes, or as otherwise provided by law; and

Ensure that public records that are exempt or confidential and exempt from public records disclosure requirements are not disclosed except as authorized by law for the duration of the contract term and following completion of the Agreement if the Auditor does not transfer the records to the District; and

Upon completion of the Agreement, transfer, at no cost to the District, all public records in possession of the Auditor or keep and maintain public records required by the District to perform the service or work provided for in this Agreement. If the Auditor transfers all public records to the District upon completion of the Agreement, the Auditor shall destroy any duplicate public records that are exempt or confidential and exempt from public disclosure requirements. If the Auditor keeps and maintains public records upon completion of the Agreement, the Auditor shall meet all applicable requirements for retaining public records. All records stored electronically must be provided to the District, upon request from the District’s custodian of public records, in a format that is compatible with the information technology systems of the District.

Auditor acknowledges that any requests to inspect or copy public records relating to this Agreement must be made directly to the District pursuant to Section 119.0701(3), Florida Statutes. If notified by the District of a public records request for records not in the possession of the District but in possession of the Auditor, the Auditor shall provide such records to the District or allow the records to be inspected or copied within a reasonable time. Auditor acknowledges that should Auditor fail to provide the public records to the District within a reasonable time, Auditor may be subject to penalties pursuant to Section 119.10, Florida Statutes.

IF THE AUDITOR HAS QUESTIONS REGARDING THE APPLICATION OF CHAPTER 119, FLORIDA STATUTES, TO THE AUDITOR’S DUTY TO PROVIDE PUBLIC RECORDS RELATING TO THIS AGREEMENT/CONTRACT, THE AUDITOR MAY CONTACT THE CUSTODIAN OF PUBLIC RECORDS FOR THE DISTRICT AT:

GMS-SF, LLC
5385 N NOB HILL ROAD SUNRISE, FLORIDA 33351
TELEPHONE: 954-721-8681 EMAIL: PPOWERS@GMSSF.COM

Auditor: Maritza Stonebraker	District: Coconut Cay CDD

By:			By:		

Title: Director	Title: 	
Date: October 21, 2025	Date: 	

July 1, 2025

Mr. Paul Winkeljohn District Manager
Coconut Cay Community Development District Governmental Management Services, Inc.
5385 N. Nob Hill Road Sunrise, FL 33351
Re:	Coconut Cay Community Development District District Engineer’s Report for Fiscal Year 2025-2026
Pursuant to Section 9.21(b) of the Indenture as it relates to Special Assessment Bonds Series 2006.
Dear District Manager:

FL Certificate of Authorization No. 7538 8935 NW 35 Lane, Suite 101
Doral, Florida 33172
Tel. (305) 640-1346
E-Mail: Alvarez@AlvarezEng.com

This statement is being made pursuant to Section 9.21(b) of the Master Trust Indenture between Coconut Cay Community Development District (the “District” or “CDD”) and U.S. Bank National Association as Trustee dated May 1, 2006, as it relates to the Special Assessment Bonds Series 2006.

The District’s public infrastructure consisting of roadway, drainage, water, and sewer improvements described in the Engineer’s Report prepared by Ford Engineers, Inc. dated November 15, 2005, and revised on April 17, 2006, was completed. The District and developer D.R. Horton transferred the road improvements to the City of Miami Gardens and the water and sewer improvements to Miami-Dade Water and Sewer Department. The District kept ownership and maintenance responsibility of the stormwater drainage system.

The drainage pumps project being designed by NV5 under an agreement with the CDD for the purpose of relieving the community of periodic flooding, continues to be in permitting mode with Miami-Dade County DERM and SFWMD under the management of NV5.
We find that for Fiscal Year 2026, the District proposed amounts for field operations are sufficient to properly maintain, repair and operate the public infrastructure for which the District is responsible in FY 2026. (Refer to Audit/Budgets | Coconut Cay for the FY 2026 Proposed Budget).

Alvarez Engineers recommends that in FY 2027 the District consider creating a 5-year cyclical program for servicing the inlets, manholes, pipes, and French drains of the stormwater drainage system. The program consists of servicing 20% of the system every year so that at the end of the fifth year, 100% of the system will be serviced. The tables below show the estimated amount that would need to be budgeted yearly to service the approximately 290 drainage structures and 22,860 Linear Feet of pipes in the District. It is also estimated that 14-15 baffles will need to be replaced yearly. The program may be financed yearly or in one lump sum when needed, or at any other period combination, at the discretion of the Board of Supervisors. The drainage map exhibit attached to this statement depicts the drainage system owned by the District.

Page 1

Coconut Cay CDD 2025 Report
July 1, 2025

5-YEAR CYCLE ESTIMATE OF YEARLY COSTS FOR SERVICING THE STORMWATER DRAINAGE	

Total No. Structures in CDD	

Total	LF Pipes	No. Structures with Pipes Serviced per Year	Avg. Cost/EA Structure. Assume 2.5%
Annual
Inflation Rate (1)	Avg. Cost/LF Pipe. Assume 2.5%
Inflation Rate (2)	

Total Budget Amount Per Year	

Year 1	

Year 2	

Year 3	

Year 4	

Year 5				
290	22860	58					$230.00	$6.75	$44,300	
			58				$236.00	$6.92	$45,400	
				58			$242.00	$7.09	$46,500	
					58		$248.00	$7.27	$47,700	
						58	$254.00	$7.45	$48,800	
(1) Includes the cost of vacuuming the sump of the drainage structure and the cost of removing and reinstalling the baffle if the baffle is in good condition.
(2) Includes the cost of pressure spraying and videoing the pipes and of dewatering with plugs at the end of the pipes when the pipes are submerged.

5-YEAR CYCLE ESTIMATE OF YEARLY COSTS FOR BAFFLE REPLACEMENTS	

Estimated Number of Baffles to be Replaced (1)	No. of Baffles Replaced per Year	
Estimated Cost Per Baffle For 2.5% Inflation Rate	Total Budget Amount
Per Year	
	Year 1	Year 2	Year 3	Year 3	Year 2			
73	15					$600	$9,000	
		15				$615	$9,300	
			15			$630	$9,500	
				14		$646	$9,100	
					14	$662	$9,300	

(1) The estimate assumes that 25% of the 290 baffles (same quantity as structures) in the District will need replacement in the next five years.

The District carries general liability, hired non-owned auto, employment practices liability and public official’s liability coverage under Agreement No. 100124150 with Florida Insurance Alliance for the period between October 1, 2024, and October 1, 2025. The District has budgeted enough funds to cover the insurance premium.
If you have any questions, or require additional information, please do not hesitate to contact us at 305-640-1345 or at Alvarez@Alvarezeng.com.

Alvarez Engineers, Inc.
FL Certificate of Authorization No. 7538
8935 NW 35 Lane, Suite 101, Doral, Florida 33172
Telephone (305) 640-1346 E-Mail: Alvarez@AlvarezEng.com

Page 2

Sincerely,

Alvarez Engineers, Inc.

Juan R. Alvarez, PE District Engineer Date: July 1, 2025

Cc Austin Hackney, Ahackney@gmstnn.com

Coconut Cay CDD 2025 Report
July 1, 2025

This item has been digitally signed and sealed by Juan R. Alvarez, PE on July 1, 2025.

Printed copies of this document are not considered signed and sealed and the signature must be verified on any electronic copies.

Alvarez Engineers, Inc.
FL Certificate of Authorization No. 7538
8935 NW 35 Lane, Suite 101, Doral, Florida 33172
Telephone (305) 640-1346 E-Mail: Alvarez@AlvarezEng.com

Page 3

Page 4

Page 5

Memorandum To:	Coconut Cay Board of Supervisors
From: District Management
Date: October 1, 2025
RE:	HB7013 – Special Districts Performance Measures and Standards-FINAL Report

To enhance accountability and transparency, new regulations were established for all special districts, by the Florida Legislature, during their 2024 legislative session. Starting on October 1, 2024, or by the end of the ﬁrst full ﬁscal year after its creation (whichever comes later), each special district must establish goals and objectives for each program and activity, as well as develop performance measures and standards to assess the achievement of these goals and objectives. Additionally, by December 1 each year (initial report due on December 1, 2025), each special district is required to publish an annual report on its website, detailing the goals and objectives achieved, the performance measures and standards used, and any goals or objectives that were not achieved.
District Management has identiﬁed the following key categories to focus on for Fiscal Year 2025 and develop statutorily compliant goals for each:
Community Communication and Engagement
Infrastructure and Facilities Maintenance
Financial Transparency and Accountability
Additionally, special districts must provide an annual reporting form to share with the public that reﬂects whether the goals & objectives were met for the year. District Management has streamlined these requirements into a single document that meets both the statutory requirements for goal/objective setting and annual reporting.
The proposed goals/objectives and the annual reporting form are attached as exhibit A to this memo. District Management recommends that the Board of Supervisors adopt these goals and objectives to maintain compliance with HB7013 and further enhance their commitment to the accountability and transparency of the District.

Exhibit A:
Goals, Objectives and Annual Reporting Form

Community Development District Performance Measures/Standards & Annual Reporting Form
October 1, 2024 – September 30, 2025

 Community Communication and Engagement
Goal 1.1: Public Meetings Compliance
Objective: Hold at least three regular Board of Supervisor meetings per year to conduct CDD related business and discuss community needs.
Measurement: Number of public board meetings held annually as evidenced by meeting minutes and legal advertisements.
Standard: A minimum of three board meetings were held during the Fiscal Year.
Achieved: Yes ☑ No ☐

Goal 1.2: Notice of Meetings Compliance
Objective: Provide public notice of meetings in accordance with Florida Statutes, using at least two communication methods.
Measurement: Timeliness and method of meeting notices as evidenced by posting to CDD website, publishing in local newspaper and via electronic communication. Standard: 100% of meetings were advertised per Florida statute on at least two mediums (i.e., newspaper, CDD website, electronic communications).
Achieved: Yes ☑ No ☐

Goal 1.3: Access to Records Compliance
Objective: Ensure that meeting minutes and other public records are readily available and easily accessible to the public by completing monthly CDD website checks.
Measurement: Monthly website reviews will be completed to ensure meeting minutes and other public records are up to date as evidenced by District Management’s records.
Standard: 100% of monthly website checks were completed by District
Management.
Achieved: Yes ☑ No ☐

 Infrastructure and Facilities Maintenance
Goal 2.1: Field Management and/or District Management Site Inspections Objective: Field manager and/or district manager will conduct inspections per
District Management services agreement to ensure safety and proper functioning of the District’s infrastructure.
Measurement: Field manager and/or district manager visits were successfully completed per management agreement as evidenced by ﬁeld manager and/or district manager’s reports, notes or other record keeping method.
Standard: 100% of site visits were successfully completed as described within district management services agreement
Achieved: Yes ☑ No ☐

Goal 2.2: District Infrastructure and Facilities Inspections
Objective: District Engineer will conduct an annual inspection of the District’s infrastructure and related systems.
Measurement: A minimum of one inspection completed per year as evidenced by district engineer’s report related to district’s infrastructure and related systems.
Standard: Minimum of one inspection was completed in the Fiscal Year by the district’s engineer.
Achieved: Yes ☑ No ☐
 Financial Transparency and Accountability
Goal 3.1: Annual Budget Preparation
Objective: Prepare and approve the annual proposed budget by June 15 and ﬁnal
budget was adopted by September 30 each year.
Measurement: Proposed budget was approved by the Board before June 15 and ﬁnal budget was adopted by September 30 as evidenced by meeting minutes and budget documents listed on CDD website and/or within district records.
Standard: 100% of budget approval & adoption were completed by the statutory deadlines and posted to the CDD website.
Achieved: Yes ☑ No ☐
Goal 3.2: Financial Reports
Objective: Publish to the CDD website the most recent versions of the following documents: Annual audit, current ﬁscal year budget with any amendments, and most recent ﬁnancials within the latest agenda package.
Measurement: Annual audit, previous years’ budgets, and ﬁnancials are accessible
to the public as evidenced by corresponding documents on the CDD’s website. Standard: CDD website contains 100% of the following information: Most recent annual audit, most recent adopted/amended ﬁscal year budget, and most recent agenda package with updated ﬁnancials.
Achieved: Yes ☑ No ☐

Goal 3.3: Annual Financial Audit
Objective: Conduct an annual independent ﬁnancial audit per statutory requirements and publish the results to the CDD website for public inspection, and transmit to the State of Florida.
Measurement: Timeliness of audit completion and publication as evidenced by meeting minutes showing board approval and annual audit is available on the CDD’s website and transmitted to the State of Florida.
Standard: Audit was completed by an independent auditing ﬁrm per statutory requirements and results were posted to the CDD website and transmitted to the State of Florida.
Achieved: Yes ☑ No ☐

Chair/Vice Chair:		Date:	 Print Name:	 
Coconut Cay Community Development District

District Manager:		Date:	 Print Name:	 
Coconut Cay Community Development District

Memorandum To:	Coconut Cay Board of Supervisors
From: District Management
Date: January 21, 2026
RE:	HB7013 – Special Districts Performance Measures and Standards

To enhance accountability and transparency, new regulations were established for all special districts, by the Florida Legislature, during their 2025 legislative session. Starting on October 1, 2025, or by the end of the ﬁrst full ﬁscal year after its creation (whichever comes later), each special district must establish goals and objectives for each program and activity, as well as develop performance measures and standards to assess the achievement of these goals and objectives. Additionally, by December 1 each year (initial report due on December 1, 2026), each special district is required to publish an annual report on its website, detailing the goals and objectives achieved, the performance measures and standards used, and any goals or objectives that were not achieved.
District Management has identiﬁed the following key categories to focus on for Fiscal Year 2026 and develop statutorily compliant goals for each:
Community Communication and Engagement
Infrastructure and Facilities Maintenance
Financial Transparency and Accountability
Additionally, special districts must provide an annual reporting form to share with the public that reﬂects whether the goals & objectives were met for the year. District Management has streamlined these requirements into a single document that meets both the statutory requirements for goal/objective setting and annual reporting.
The proposed goals/objectives and the annual reporting form are attached as exhibit A to this memo. District Management recommends that the Board of Supervisors adopt these goals and objectives to maintain compliance with HB7013 and further enhance their commitment to the accountability and transparency of the District.

Exhibit A:
Goals, Objectives and Annual Reporting Form

Coconut Cay Community Development District Performance Measures/Standards &
Annual Reporting Form
October 1, 2025 – September 30, 2026

 Community Communication and Engagement
Goal 1.1: Public Meetings Compliance
Objective: Hold at least three regular Board of Supervisor meetings per year to conduct CDD related business and discuss community needs.
Measurement: Number of public board meetings held annually as evidenced by meeting minutes and legal advertisements.
Standard: A minimum of three board meetings were held during the Fiscal Year.
Achieved: Yes ☐ No ☐

Goal 1.2: Notice of Meetings Compliance
Objective: Provide public notice of meetings in accordance with Florida Statutes, using at least two communication methods.
Measurement: Timeliness and method of meeting notices as evidenced by posting to CDD website, publishing in local newspaper and via electronic communication.
Standard: 100% of meetings were advertised per Florida statute on at least two
mediums (i.e., newspaper, CDD website, electronic communications).
Achieved: Yes ☐ No ☐

Goal 1.3: Access to Records Compliance
Objective: Ensure that meeting minutes and other public records are readily available and easily accessible to the public by completing monthly CDD website checks.
Measurement: Monthly website reviews will be completed to ensure meeting minutes and other public records are up to date as evidenced by District Management’s records.
Standard: 100% of monthly website checks were completed by District
Management.
Achieved: Yes ☐ No ☐

 Infrastructure and Facilities Maintenance
Goal 2.1: Field Management and/or District Management Site Inspections
Objective: Field manager and/or district manager will conduct inspections per District Management services agreement to ensure safety and proper functioning of the District’s infrastructure.
Measurement: Field manager and/or district manager visits were successfully completed per management agreement as evidenced by ﬁeld manager and/or district manager’s reports, notes or other record keeping method.
Standard: 100% of site visits were successfully completed as described within district management services agreement
Achieved: Yes ☐ No ☐

Goal 2.2: District Infrastructure and Facilities Inspections
Objective: District Engineer will conduct an annual inspection of the District’s infrastructure and related systems.
Measurement: A minimum of one inspection completed per year as evidenced by district engineer’s report related to district’s infrastructure and related systems.
Standard: Minimum of one inspection was completed in the Fiscal Year by the district’s engineer.
Achieved: Yes ☐ No ☐
 Financial Transparency and Accountability
Goal 3.1: Annual Budget Preparation
Objective: Prepare and approve the annual proposed budget by June 15 and ﬁnal
budget was adopted by September 30 each year.
Measurement: Proposed budget was approved by the Board before June 15 and ﬁnal budget was adopted by September 30 as evidenced by meeting minutes and budget documents listed on CDD website and/or within district records.
Standard: 100% of budget approval & adoption were completed by the statutory deadlines and posted to the CDD website.
Achieved: Yes ☐ No ☐
Goal 3.2: Financial Reports
Objective: Publish to the CDD website the most recent versions of the following documents: Annual audit, current ﬁscal year budget with any amendments, and most recent ﬁnancials within the latest agenda package.
Measurement: Annual audit, previous years’ budgets, and ﬁnancials are accessible
to the public as evidenced by corresponding documents on the CDD’s website. Standard: CDD website contains 100% of the following information: Most recent annual audit, most recent adopted/amended ﬁscal year budget, and most recent agenda package with updated ﬁnancials.
Achieved: Yes ☐ No ☐

Goal 3.3: Annual Financial Audit
Objective: Conduct an annual independent ﬁnancial audit per statutory requirements and publish the results to the CDD website for public inspection, and transmit to the State of Florida.
Measurement: Timeliness of audit completion and publication as evidenced by meeting minutes showing board approval and annual audit is available on the CDD’s website and transmitted to the State of Florida.
Standard: Audit was completed by an independent auditing ﬁrm per statutory requirements and results were posted to the CDD website and transmitted to the State of Florida.
Achieved: Yes ☐ No ☐

Chair/Vice Chair:		Date:	 Print Name:	 
Coconut Cay Community Development District

District Manager:		Date:	 Print Name:	 
Coconut Cay Community Development District

Coconut Cay
COMMUNITY DEVELOPMENT DISTRICT

Check Register

05/01/25 - 12/31/25

Date	Check #'s	Amount	
General Fund			
	FY 2025		

05/01/25 - 05/31/25	1213-1214	$	23,555.13	

06/01/25 - 06/30/25	1215-1220	$	16,902.60	

07/01/25 - 07/31/25	1221-1226	$	45,201.04	

08/01/25 - 08/31/25	1227-1230	$	17,450.35	

09/01/25 - 09/30/25	1231-1232	$	12,922.80	

	FY 2026		
10/01/25 - 10/31/25	1233-1235	$	22,674.70	

11/01/25 - 11/30/25	1236-1238	$	19,201.80	

12/01/25 - 12/31/25	1239-1243	$	466,598.73	

TOTAL	$	624,507.15	
Capital Reserve

	FY 2025		
05/01/25 - 05/31/25	66-67	$	10,400.00	

06/01/25 - 06/30/25	68-69	$	10,885.00	

07/01/25 - 07/31/25	70-71	$	7,225.00	

08/01/25 - 08/31/25	72	$	1,000.00	

09/01/25 - 09/30/25	73-74	$	4,725.00	

	FY 2026		
10/01/25 - 10/31/25	NO CHECKS WRITTEN	$	-	

11/01/25 - 11/30/25	75	$	6,946.70	

12/01/25 - 12/31/25	NO CHECKS WRITTEN	$	-	

TOTAL	$	41,181.70	

Page 9

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	1/13/26	PAGE	1
*** CHECK DATES 05/01/2025 - 12/31/2025 ***	COCONUT CAY - GENERAL FUND
BANK A COCONUT CAY CDD - GF
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
5/07/25 00010	5/07/25 05072025 202505 300-20700-10000	*	20,105.08
TRANSFER OF TAX RECEIPTS
COCONUT CAY CDD	20,105.08 001213

5/07/25 00001	5/01/25	
	5/01/25	
	5/01/25	
	5/01/25	
	5/01/25	

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
257	202505 310-51300-34000	*	3,274.75
MAY 25 - MGMT FEES
257	202505 310-51300-31300	*	91.67
MAY 25 - DISSEMINATION
257	202505 310-51300-35100	*	83.33
MAY 25 - WEBSITE ADMIN
257	202505 310-51300-51000	*	.15
MAY 25 - OFFICE SUPPLIES
257	202505 310-51300-42500	*	.15

GMS-SF,	LLC	3,450.05	001214	
- - - - - - - -	- - - - - - -	- -	- - - - - - - - - - - - - - -	-	-	-	-	-	-	-	-	-	-	-	-	-	-	- -	-	-	-	-	-	- - - - -	- - - - -	- - -	
6/09/25 00001	6/01/25 259	202506 310-51300-34000	*	3,274.75	
JUN	25	- MGMT FEES	
6/01/25 259	202506 310-51300-31300	*	91.67	
JUN	25	- DISSEMINATION	
6/01/25 259	202506 310-51300-35100	*	83.33	
JUN	25	- WEBSITE ADMIN	
6/01/25 259	202506 310-51300-42500	*	8.25	
JUN	25	- COPIES	
GMS-SF,	LLC	3,458.00	001215	
- - - - - - - -	- - - - - - -	- -	- - - - - - - - - - - - - - -	-	-	-	-	-	-	-	-	-	-	-	-	-	-	- -	-	-	-	-	-	- - - - -	- - - - -	- - -	
6/09/25 00040	5/05/25	3565180	202503 310-51300-31500	*	1,228.50	
MAR 25	- ATTORNEY FEES	
5/28/25	3569035
APR 25	202504 310-51300-31500	*	416.00	

MAY 25 - COPIES

- ATTORNEY FEES

KUTAK ROCK LLP	1,644.50 001216

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
6/09/25 00044	5/31/25 304251	202505 310-51300-48000	*	1,837.75
NOTICE OF PH FY26 BUDGET
MCCLATCHY COMPANY LLC	1,837.75 001217
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

MIAMI-DADE	COUNTY	60.00	001218	
- - - - - - - -	- - - - - - - - - - - - - - - - - - - - - - - -	- - - -	-	-	-	-	-	-	-	-	-	-	- -	-	-	-	-	-	-	- - - -	- - - - -	- - -	
6/09/25 00037	5/19/25	16916395 202505 320-53800-46805	*	600.00	
FUEL SERVICES	
5/26/25	16873503 202505 320-53800-46805	*	7,468.40	
4X4X10 SOLIDS VAC PUMP	
5/29/25	16956113 202505 320-53800-46805	*	409.20	
FUEL SERVICES	
COCO COCONUT	CAY	ACOOPER	

6/09/25 00029	4/29/25 04292025 202504 310-51300-49000	*	60.00 # OF REGISTERED VOTERS

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	1/13/26	PAGE	2
*** CHECK DATES 05/01/2025 - 12/31/2025 ***	COCONUT CAY - GENERAL FUND
BANK A COCONUT CAY CDD - GF

DATE	DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS			AMOUNT	#	
	6/02/25	16972827 202505 320-53800-46805	*	900.00			

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

	FUEL SERVICES
SUNBELT RENTALS, INC.																	9,377.60	001219	
- - - - - - - -	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	-	-	-	-	-	-	-	-	- -	-	-	-	-	-	-	- - - -	- - - - -	- - -	
6/09/25 00037	6/05/25 16991356 202506 320-53800-46805									*							524.75			

FUEL SERVICES

SUNBELT RENTALS, INC.	524.75 001220

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/14/25 00017	6/01/25 8454	202505 310-51300-31100	*	615.00
MAY 25 - ENGINEERING FEES
ALVAREZ ENGINEERS, INC.	615.00 001221
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/14/25 00010	7/14/25 07142025 202507 300-20700-10000	*	28,663.78

COCONUT CAY CDD	28,663.78	001222	
- - - - - - - -	- - - - - - -	- -	- - - - - - - - - - - - -	- - - - -	-	-	-	-	-	-	-	-	-	-	-	- -	-	-	-	-	-	- - - - -	- - - - -	- - -	
7/14/25	00001	7/01/25	261	202507 310-51300-34000	*	3,274.75	
JUL	25	- MGMT FEES	
7/01/25	261	202507 310-51300-31300	*	91.67	
JUL	25	- DISSEMINATION	
7/01/25	261	202507 310-51300-35100	*	83.33	
JUL	25	- WEBSITE ADMIN	

TRANSFER OF TAX RECEIPTS

GMS-SF, LLC	3,449.75 001223
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/14/25 00040	6/30/25 3585005	202505 310-51300-31500	*	442.50
MAY 25 - ATTORNEY FEES
KUTAK ROCK LLP	442.50 001224
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/14/25 00037	6/17/25 17038296 202506 320-53800-46805	*	1,271.50
FUEL SERVICES
6/23/25 16873503 202506 320-53800-46805	*	6,669.40

- - - - - - - - 7/14/25 00018	- - - - - - - - - 6/25/25 7799905
TRUSTEE	SUNBELT RENTALS,
- - - - - - - - - - - - - - - - - -
202506 310-51300-32300	INC.
- - -	-	-	-	-	-	-	-	-	- -
*	-	-	-	-	-	- - - - -	7,940.90
- - - - -	001225
- - -	
	6/25/25 7799905	202506 300-15500-10000										*						2,726.07			
	PREPAID	FY26 TRUSTEE FEES																			
		US BANK																	4,089.11	001226	
- - - - - - - -	- - - - - - - - -	- - - - - - - - - - - - - - - - - -	- - -	-	-	-	-	-	-	-	-	- -	-	-	-	-	-	- - - - -	- - - - -	- - -	
8/13/25 00017	7/09/25 8589	202506 310-51300-31100										*						2,820.15			

4X4X10 SOLIDS VAC PUMP

FEES 2025

1,363.04

2025 YRLY ENG REPORT

ALVAREZ ENGINEERS, INC.	2,820.15 001227

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/13/25 00001	8/01/25 263	202508 310-51300-34000	*	3,274.75
AUG 25 - MGMT FEES
COCO COCONUT CAY	ACOOPER

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	1/13/26	PAGE	3
*** CHECK DATES 05/01/2025 - 12/31/2025 ***	COCONUT CAY - GENERAL FUND
BANK A COCONUT CAY CDD - GF
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
8/01/25 263	202508 310-51300-31300	*	91.67
AUG 25 - DISSEMINATION
8/01/25 263	202508 310-51300-35100	*	83.33
AUG 25 - WEBSITE ADMIN
GMS-SF, LLC	3,449.75 001228
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/13/25 00016	7/25/25 28032	202507 310-51300-31200	*	600.00
ARBITRAGE S06 FYE 4/30/25
GRAU & ASSOCIATES	600.00 001229

8/13/25 00037	7/02/25	
	7/21/25	
	7/21/25	
	7/23/25	
	7/31/25	
	7/31/25	

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
17107115 202506 320-53800-46805	*	1,200.00
FUEL SERVICES
16873503 202507 320-53800-46805	*	6,669.40
4X4X10 SOLIDS VAC PUMP
17179100 202507 320-53800-46805	*	1,200.00
FUEL SERVICES
17194373 202507 320-53800-46805	*	300.00
FUEL SERVICES
17226585 202507 320-53800-46805	*	300.00
FUEL SERVICES
17228912 202507 320-53800-46805	*	911.05
FUEL SERVICES
SUNBELT RENTALS, INC.	10,580.45 001230
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/10/25 00001	9/01/25 266	202509 310-51300-34000	*	3,274.75
SEP 25 - MGMT FEES
9/01/25 266	202509 310-51300-31300	*	91.67
SEP 25 - DISSEMINATION
9/01/25 266	202509 310-51300-35100	*	83.33
SEP 25 - WEBSITE ADMIN
GMS-SF, LLC	3,449.75 001231
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/10/25 00037	8/14/25 17289121 202508 320-53800-46805	*	1,495.75
FUEL SERVICES
8/18/25 16873503 202508 320-53800-46805	*	6,669.40
4X4X10 SOLIDS VAC PUMP
8/27/25 17346524 202508 320-53800-46805	*	383.20
FUEL SERVICES
8/28/25 17355773 202508 320-53800-46805	*	924.70
FUEL SERVICES
SUNBELT RENTALS, INC.	9,473.05 001232
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
10/07/25 00021	9/12/25 29189	202510 310-51300-45000	*	8,295.00
FY 2026 INSURANCE
EGIS INSURANCE ADVISORS, LLC	8,295.00 001233
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
COCO COCONUT CAY	ACOOPER

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	1/13/26	PAGE	4
*** CHECK DATES 05/01/2025 - 12/31/2025 ***	COCONUT CAY - GENERAL FUND
BANK A COCONUT CAY CDD - GF
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
10/07/25 00001 10/01/25 267	202510 310-51300-34000	*	3,471.25
OCT 25 - MGMT FEES
10/01/25 267	202510 310-51300-31300	*	100.00
OCT 25 - DISSEMINATION
10/01/25 267	202510 310-51300-35100	*	100.00
OCT 25 - WEBSITE ADMIN
GMS-SF, LLC	3,671.25 001234
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
10/07/25 00037	9/15/25 16873503 202509 320-53800-46805	*	6,669.40
4X4X10 SOLIDS VAC PUMP
9/17/25 17439006 202509 320-53800-46805	*	806.70
FUEL SERVICES
9/25/25 17475291 202509 320-53800-46805	*	2,925.85
FUEL SERVICES
9/30/25 17496221 202509 320-53800-46805	*	306.50

SUNBELT	RENTALS,	INC.	10,708.45	001235	
- - - - - - - -	- - - - - - - - -	- - - - - - - - - - - - - - - - - -	- - -	-	-	-	-	-	-	-	-	- -	-	-	-	-	-	-	- - - -	- - - - -	- - -	
11/17/25 00009	10/01/25	92964	202510 310-51300-54000	*	175.00	
SPECIAL	DISTRICT FEE FY26	
FLORIDACOMMERCE	175.00	001236	
- - - - - - - -	- - - - - - -	- -	- - - - - - - - - - - - - - - - - -	-	-	-	-	-	-	-	-	-	-	-	- -	-	-	-	-	-	-	- - - -	- - - - -	- - -	
11/17/25 00001	11/01/25	269	202511 310-51300-34000	*	3,471.25	
NOV	25	- MGMT FEES	
11/01/25	269	202511 310-51300-31300	*	100.00	
NOV	25	- DISSEMINATION	
11/01/25	269	202511 310-51300-35100	*	100.00	
NOV	25	- WEBSITE ADMIN	

FUEL SERVICES

GMS-SF, LLC	3,671.25 001237

11/17/25 00037	10/13/25	
	10/16/25	
	10/22/25	
	10/22/25	
	10/31/25	
	11/10/25	

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
16873503 202510 320-53800-46805	*	6,669.40
4X4X10 SOLIDS VAC PUMP
17574026 202510 320-53800-46805	*	1,116.75
FUEL SERVICES
17594233 202510 320-53800-46805	*	150.00
FUEL SERVICES
17594252 202510 320-53800-46805	*	150.00
FUEL SERVICES
17640919 202510 320-53800-46805	*	600.00
FUEL SERVICES
16873503 202511 320-53800-46805	*	6,669.40
4X4X10 SOLIDS VAC PUMP
SUNBELT RENTALS, INC.	15,355.55 001238
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
12/09/25 00010 12/09/25 12092025 202512 300-20700-10000	*	404,559.23
TRANSFER OF TAX RECEIPTS
COCONUT CAY CDD	404,559.23 001239
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
COCO COCONUT CAY	ACOOPER

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	1/13/26	PAGE	5
*** CHECK DATES 05/01/2025 - 12/31/2025 ***	COCONUT CAY - GENERAL FUND

CHECK	VEND# DATE	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS		STATUS		AMOUNT	....CHECK..... AMOUNT	#	
12/09/25 00015	12/08/25 12082025 202512 300-15100-10000
COCONUT CAY CDD		*		50,000.00	
50,000.00 001240	
- - - - - - - - 12/09/25 00001	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
12/01/25 270	202512 310-51300-34000
12/01/25 270	202512 310-51300-31300	- - - - -	- - - -
*
*	- - - -	- - - - - -

100.00	- - - - - - - -	
	DEC 25 - DISSEMINATION
12/01/25 270	202512 310-51300-35100		*		100.00		
	DEC 25 - WEBSITE ADMIN
GMS-SF, LLC					3,671.25 001241	
- - - - - - - - 12/09/25 00040	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
12/04/25 3669508	202510 310-51300-31500
KUTAK ROCK LLP	- - - - -	- - - -
*	- - - -	- - - - - -	- - - - - - - -

53.50 001242	
- - - - - - - - 12/09/25 00037	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
11/25/25 17736548 202511 320-53800-46805
11/28/25 17746185 202511 320-53800-46805	- - - - -	- - - -
*
*	- - - -	- - - - - -

300.00	- - - - - - - -	
	FUEL SERVICES
12/08/25 16873503 202512 320-53800-46805		*		6,669.40		
	4X4X10 SOLIDS VAC PUMP
SUNBELT RENTALS, INC.					8,314.75 001243	
- - - - - - - -	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	- - - - -	- - - -	- - - -	- - - - - -	- - - - - - - -	

BANK A COCONUT CAY CDD - GF

TXFER FUNDS TO SBA ACCT

DEC 25 - MGMT FEES

3,471.25

OCT 25 - ATTORNEY FEES

53.50

FUEL SERVICES

1,345.35

TOTAL FOR BANK A	624,507.15
TOTAL FOR REGISTER	624,507.15

COCO COCONUT CAY	ACOOPER

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	1/13/26	PAGE	1
*** CHECK DATES 05/01/2025 - 12/31/2025 ***	COCONUT CAY - CAP PROJECT FUND
BANK B COCONUT CAY CDD - CF
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
5/07/25 00002	4/01/25 256	202504 600-53800-34000	*	1,000.00
APR 25 - FIELD SERVICES
5/01/25 258	202505 600-53800-34000	*	1,000.00

GMS	- SO	FLORIDA, LLC	2,000.00	000066	
- - - -	- - -	-	- - - -	- - -	-	- - - -	- - - - - - - - -	- -	- - - -	- -	-	-	-	-	-	-	-	-	-	-	- - - - - - - - - -	-	- - - - -	- - -	
5/07/25	00003	5/02/25	445100	202504 600-53800-31100	*	8,400.00	
DRAIN	REM PH1	THRU 4/26	
NV5,	INC	8,400.00	000067	
- - - -	- - -	-	- - - -	- - -	-	- - - -	- - - - - - - - -	- -	- - - -	- -	-	-	-	-	-	-	-	-	-	-	- - - - - - - - - - -	- - - - -	- - -	
6/09/25	00002	6/01/25	260	202506 600-53800-34000	*	1,000.00	
JUN	25 - FIELD SERVICES	
GMS - SO	FLORIDA, LLC	1,000.00	000068	
- - - -	- - -	-	- - - -	- - -	-	- - - -	- - - - - - - - -	- -	- - - -	- -	-	-	-	-	-	-	-	-	-	-	- - - - - - - - - - -	- - - - -	- - -	
6/09/25	00003	6/03/25	451000	202505 600-53800-31100	*	9,885.00	
DRAIN	REM PH1	THRU 5/24	
NV5,	INC	9,885.00	000069	
- - - -	- - -	-	- - - -	- - -	-	- - - -	- - - - - - - - -	- -	- - - -	- -	-	-	-	-	-	-	-	-	-	-	- - - - - - - - - - -	- - - - -	- - -	
7/14/25	00002	7/01/25	262	202507 600-53800-34000	*	1,000.00	
JUL	25 - FIELD SERVICES	
GMS - SO	FLORIDA, LLC	1,000.00	000070	
- - - -	- - -	-	- - - -	- - -	-	- - - -	- - - - - - - - -	- -	- - - -	- -	-	-	-	-	-	-	-	-	-	-	- - - - - - - - - - -	- - - - -	- - -	
7/14/25	00003	7/09/25	458570	202506 600-53800-31100	*	6,225.00	
DRAIN	REM PH1	THRU 6/28	
NV5,	INC	6,225.00	000071	
- - - -	- - -	-	- - - -	- - -	-	- - - -	- - - - - - - - -	- -	- - - -	- -	-	-	-	-	-	-	-	-	-	-	- - - - - - - - - - -	- - - - -	- - -	
8/13/25	00002	8/01/25	264	202508 600-53800-34000	*	1,000.00	
AUG	25 - FIELD SERVICES	
- - - -	- - -	-	- - - -	- - -	-	- - - -	GMS - SO
- - - - - - - - - - -	FLORIDA, LLC
- - - - - - -	-	-	-	-	-	-	-	-	-	- - - - - - - - - - -	1,000.00
- - - - -	000072
- - -	
9/10/25	00002	9/01/25	265	202509 600-53800-34000	*	1,000.00	
SEP	25 - FIELD SERVICES	
GMS - SO	FLORIDA, LLC	1,000.00	000073	
- - - -	- - -	-	- - - -	- - -	-	- - - -	- - - - - - - - -	- -	- - - -	- -	-	-	-	-	-	-	-	-	-	-	- - - - - - - - - - -	- - - - -	- - -	
9/10/25	00003	8/12/25	465066	202507 600-53800-31100	*	2,825.00	
DRAIN	REM PH1	THRU 8/2	
9/09/25	469230	202508 600-53800-31100	*	900.00	
DRAIN	REM PH1	THRU 8/30	
NV5,	INC	3,725.00	000074	
- - - -	- - -	-	- - - -	- - - -	- - - -	- - - - - - - - -	- -	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	- - - - - - - - - -	-	- - - - -	- - -	
11/17/25	00003	10/07/25	475890	202509 600-53800-31100	*	1,000.00	
DRAIN	REM PH1	THRU 9/27	
11/11/25	482622	202510 600-53800-31100	*	5,946.70	
DRAIN	REM PH1	THRU 11/1	
NV5,	INC	6,946.70	000075	
- - - -	- - -	-	- - - -	- - - -	- - - -	- - - - - - - - -	- -	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	- - - -	-	- - - - -	- - -	

MAY 25 - FIELD SERVICES

TOTAL FOR BANK B	41,181.70 COCO COCONUT CAY	ACOOPER

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	1/13/26	PAGE	2
*** CHECK DATES 05/01/2025 - 12/31/2025 ***	COCONUT CAY - CAP PROJECT FUND
BANK B COCONUT CAY CDD - CF
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#

TOTAL FOR REGISTER	41,181.70

COCO COCONUT CAY	ACOOPER

Coconut Cay	
Community Development District	

Unaudited Financial Reporting	
December 31, 2025	

Table of Contents

	Balance Sheet

	General Fund

	Capital Reserve Fund

	Debt Service Fund Series 2006

	Capital Projects Fund Series 2006

	Month to Month

	Long Term Debt Report

	Assessment Receipt Schedule

Coconut Cay	
Community Development District	
Combined Balance Sheet	
December 31, 2025	
General	Debt Service	Capital Reserve	Capital Project	Totals	
Fund	Funds	Fund	Fund	Governmental Funds	

Assets:	
Cash:	
Operating Account	
Capital Reserve	
Due from General Fund	

$	28,944	
-	
-	

$	-	
-	
11,169	

$	-	
1,464	
-	

$	-	
-	
-	

$	28,944	
1,464	
11,169	

Investments:	
State Board of Administration	

Series 2006	
Reserve	
Revenue	
Deferred Cost	

-	
-	
-	

-	
-	
-	

128,229	
464,950	
236,926	

	$	215,333	-

128,229	836,152	-

-	1,051,485	
		464,950
-		- 236,926		
Prepaid Expenses	2,726	-	-	-	2,726	

Total Assets	$	247,003	$	604,348	$	837,616	$	236,926	$	1,925,893	

Liabilities:	
Unearned Revenue	$	-	$	-		$	746,106	$	-		$	746,106	
Due to Debt Service	11,169		-	-		-	11,169	

$	-	
-	

$	604,348	
-	

$	-	
-	

$	-	
236,926	

$	604,348	
236,926	

Total Liabilites	$	11,169	$	-	$	746,106	$	-	$	757,275

Total Liabilities & Fund Balance	$	247,003	$	604,348	$	837,616	$	236,926	$	1,925,893

Total Fund Balances	$	235,834	$	604,348	$	91,510	$	236,926	$	1,168,618

Fund Balance:	
Restricted for:	
Debt Service - Series 2006	
Capital Project - Series 2006	
Assigned for:	
Capital Reserves	
Unassigned	

-	
233,107	

-	
-	

-	
-	

91,510	
233,107	

91,510

Page 1

Coconut Cay	
Community Development District	
General Fund	
Statement of Revenues, Expenditures, and Changes in Fund Balance	
For The Period Ending December 31, 2025	

Adopted	Prorated Budget	Actual	
Budget	Thru 12/31/25	Thru 12/31/25	Variance	

Revenues:		
Special Assessments - On Roll	$	108,602	
Interest Income	3,000	

$	96,818	
750	

$	96,818	
1,798	

$	-	
1,048	

Total Revenues	$	111,602	$	97,568	$	98,615	$	1,048	
Expenditures:			
General & Administrative:			
Supervisor Fees	$	6,000	$	1,500	$	-	$	1,500	
PR-FICA	459	115	-	115	
Engineering	6,500	1,625	-	1,625	
Attorney Fees	27,182	6,796	54	6,742	
Annual Audit	3,800	-	-	-	
Arbitrage Rebate	1,250	313	-	313	
Dissemination Agent	1,200	300	300	-	
Trustee Fees	4,100	1,025	-	1,025	
Management Fees	41,655	10,414	10,414	-	
Website Maintenance	1,200	300	300	-	
Telephone	50	13	-	13	
Postage & Delivery	850	213	-	213	
Printing & Binding	450	113	-	113	
Insurance General Liability	8,400	8,400	8,295	105	
Legal Advertising	2,500	625	-	625	
Other Current Charges	500	125	458	(333)	
Office Supplies	75	19	-	19	
Dues, Licenses & Subscriptions	175	175	175	-	
Total General & Administrative	$	106,346	$	32,068	$	19,995	$	12,073	
Maintenance

Lake Maintenance	$	2,340	$	585	$	-	$	585	
Drainage Maintenance	4,000	1,000	-	1,000	
Pump Maintenance	47,249	11,812	23,670	(11,858)	

Subtotal Field Expenditures	$	53,589	$	13,397	$	23,670	$	(10,273)	

Total Expenditures	$	159,935	$	45,465	$	43,665	$	1,799	

Excess (Deficiency) of Revenues over Expenditures	$	(48,333)	$	52,103	$	54,950	$	2,847	

Net Change in Fund Balance	$	(48,333)	$	52,103	$	54,950	$	2,847	
	
Fund Balance - Beginning	$	48,333		$	180,884		
	
Fund Balance - Ending	$	-		$	235,834		

Page 2

Coconut Cay	
Community Development District	
Capital Reserve Fund	
Statement of Revenues, Expenditures, and Changes in Fund Balance	
For The Period Ending December 31, 2025	

Adopted	Prorated Budget	Actual	
Budget	Thru 12/31/25	Thru 12/31/25	Variance	

Revenues:		
Capital Reserve Contributions	$	-	
Interest Earned	15,000	
Deferred Revenue	746,106	

$	-	
3,750	
-	

$	-	
8,665	
-	

$	-	
4,915	
-	

Total Revenues	$	761,106	$	3,750	$	8,665	$	4,915	

Expenditures:		
Field Management	$	12,000	3,000	$	-	$	3,000	
Engineering Fees	40,000	10,000	5,947	4,053	
Operating Supplies	6,500	1,625	-	1,625	
Other Current Charges/Bank	600	150	-	150	
Pump Maintenance	20,000	5,000	-	5,000	
Repair & Maintenance	2,500	625	-	625	
Capital Outlay/Improvements	679,506	169,877	-	169,877	

Total Expenditures	$	761,106	$	190,277	$	5,947	$	184,330	

Excess (Deficiency) of Revenues over Expenditures	$	-	$	(186,527)	$	2,718	$	189,245	

Net Change in Fund Balance	$	-	$  (186,527)	$	2,718	$	189,245	
	
Fund Balance - Beginning	$	-		$	88,792		
	
Fund Balance - Ending	$	-		$	91,510		

Page 3

Coconut Cay	
Community Development District	
Debt Service Fund Series 2006	
Statement of Revenues, Expenditures, and Changes in Fund Balance	
For The Period Ending December 31, 2025	

Adopted	Prorated Budget	Actual	
Budget	Thru 12/31/25	Thru 12/31/25	Variance	

Revenues:		
Special Assessments - Direct	$	466,328	
Interest Income	4,000	

$	415,728	
1,000	

$	415,728	
2,619	

$	-	
1,619	

Total Revenues	$	470,328	$	416,728	$	418,348	$	1,619	

Expenditures:		
Interest Expense - 11/01	$	102,259	$	102,259	$	102,259	$	-	
Principal Expense - 05/01	260,000	-	-	-	
Interest Expense - 05/01	102,259	-	-	-	
Total Expenditures	$	464,519	$	102,259	$	102,259	$	-	

Excess (Deficiency) of Revenues over Expenditures	$	5,810	$	314,469	$	316,088	$	1,619	

Other Financing Sources/(Uses):

Transfer In/(Out)	$	(11,267)	

(2,817)	$

(9,746)	$

(6,929)

Total Other Financing Sources/(Uses)	$	(11,267)	$	(2,817)	$	(9,746)	$	(6,929)	
		
Net Change in Fund Balance	$	(5,457)	$	311,652	$	306,342	$	(5,310)	
		
Fund Balance - Beginning	$	149,063	$	298,006	
		
Fund Balance - Ending	$	143,606	$	604,348	

Page 4

Coconut Cay
Community Development District Capital Projects Fund Series 2006
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending December 31, 2025

Adopted	Prorated Budget	Actual		
Budget	Thru 12/31/25	Thru 12/31/25	Variance	
Revenues			
Interest Income	$	-	$	-	$	2,247	$	2,247	
Total Revenues	$	-	$	-	$	2,247	$	2,247	

Expenditures:			
Capital Outlay	$	-	$	-	$	-	$	-	
Cost of Issuance	-	-	-	-	
Total Expenditures	$	-	$	-	$	-	$	-	
			
Excess (Deficiency) of Revenues over Expenditures	$	-	$	-	$	2,247	$	2,247	

Other Financing Sources/(Uses)			
Transfer In/(Out)	-	-	$	9,746	9,746	
Total Other Financing Sources (Uses)	$	-	$	-	$	9,746	$	9,746	
			
Net Change in Fund Balance	$	-	$	11,993	$	11,993	
			
Fund Balance - Beginning	$	-	$	224,933		
			
Fund Balance - Ending	$	-	$	236,926		

Page 5

Coconut Cay	
Community Development District	
Month to Month	

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

Revenues:														
Special Assessments - On Roll	$	-	$	9,780	$  87,038	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$  96,818	
Interest Income	610	560	629	-	-	-	-	-	-	-	-	-	1,798	

Total Income	$	610	$  10,339	$  87,667	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$  98,615	

Expenditures:														
General & Administrative:														
Supervisor Fees	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	
PR-FICA	-	-	-	-	-	-	-	-	-	-	-	-	-	
Engineering	-	-	-	-	-	-	-	-	-	-	-	-	-	
Attorney Fees	54	-	-	-	-	-	-	-	-	-	-	-	54	
Annual Audit	-	-	-	-	-	-	-	-	-	-	-	-	-	
Arbitrage Rebate	-	-	-	-	-	-	-	-	-	-	-	-	-	
Dissemination Agent	100	100	100	-	-	-	-	-	-	-	-	-	300	
Trustee Fees	-	-	-	-	-	-	-	-	-	-	-	-	-	
Management Fees	3,471	3,471	3,471	-	-	-	-	-	-	-	-	-	10,414	
Website Maintenance	100	100	100	-	-	-	-	-	-	-	-	-	300	
Telephone	-	-	-	-	-	-	-	-	-	-	-	-	-	
Postage & Delivery	-	-	-	-	-	-	-	-	-	-	-	-	-	
Printing & Binding	-	-	-	-	-	-	-	-	-	-	-	-	-	
Insurance General Liability	8,295	-	-	-	-	-	-	-	-	-	-	-	8,295	
Legal Advertising	-	-	-	-	-	-	-	-	-	-	-	-	-	
Other Current Charges	168	153	137	-	-	-	-	-	-	-	-	-	458	
Office Supplies	-	-	-	-	-	-	-	-	-	-	-	-	-	
Dues, Licenses & Subscriptions	175	-	-	-	-	-	-	-	-	-	-	-	175	
Total General & Administrative	$  12,362	$	3,825	$	3,808	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$  19,995	

Maintenance

Lake Maintenance	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	
Drainage Maintenance	-	-	-	-	-	-	-	-	-	-	-	-	-	
Pump Maintenance	8,686	8,315	6,669	-	-	-	-	-	-	-	-	-	23,670	

Subtotal Field Expenditures	$	8,686	$	8,315	$	6,669	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$  23,670	
														
Total Expenditures	$  21,049	$  12,139	$  10,477	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$  43,665	

Net Change in Fund Balance	$ (20,439)	$  (1,800)	$  77,189	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$  54,950	

Page 6

Coconut Cay	
Community Development District	
Long Term Debt Report Series 2006	

	

Special Assessment Bonds, Series 2006	
Original Issue Amount:	$6,840,000.00

Interest Rate:	5.375%	
Maturity Date:	May 1, 2036

Reserve Fund Definition	3.37% of outstanding aggregate principal amount
Reserve Fund Requirement	$128,228.50
Reserve Fund Balance	$128,228.50

Bonds Outstanding - 9/30/2020	$4,920,000
Less: Principal Payment - 5/1/21	($200,000)
Less: Principal Payment - 5/1/22	($210,000)
Less: Principal Payment - 5/1/23	($220,000)
Less: Principal Payment - 5/1/24	($235,000)
Less: Principal Payment - 5/1/25	($250,000)	
Current Bonds Outstanding	$3,805,000	

Page 7

Coconut Cay
COMMUNITY DEVELOPMENT DISTRICT

Balance Remaining to Collect

$	65,858.89

Percent Collected

89.12%

Special Assessment Receipts - Miami-Dade County Fiscal Year 2026

	Gross Assessments	$	114,317.79	$	490,872.00	$	605,189.79	
	Net Assessments	$	108,601.90	$	466,328.40	$	568,878.40	
ON ROLL ASSESSMENTS	
allocation in %	
18.89%	
81.11%	
100.00%	

Date	
Distribution	
Gross Amount	Discount/
Penalty	
Commission	
Interest	
Net Receipts	
O&M Portion	2006
Debt Service	
Total	

11/12/25	
10/01-10/31/25	
$	1,114.53	
$	44.58	
$	10.70	
$	-	
$	1,059.25	
$	200.09	
$	859.16	
$	1,059.25	
11/17/25	11/01-11/10/25	21,176.07	847.02	203.29	-	20,125.76	3,801.67	16,324.09	20,125.76	
11/19/25	06/01-10/30/25	7,700.09	342.87	73.57	-	7,283.65	1,375.85	5,907.80	7,283.65	
11/28/25	11/11-11/20/25	24,519.66	980.76	235.39	-	23,303.51	4,401.93	18,901.58	23,303.51	
12/05/25	11/21-11/30/25	470,331.66	18,812.76	4,515.19	-	447,003.71	84,437.11	362,566.60	447,003.71	
12/24/25	12/01-12/15/25	14,488.89	579.54	139.09	-	13,770.26	2,601.14	11,169.12	13,770.26	
						-	-	-	-	
						-	-	-	-	
	TOTAL	$	539,330.90	$	21,607.53	$	5,177.23	$	-	$	512,546.14	$	96,817.79	$	415,728.35	$	512,546.14	

Page 8