Poinciana West Community Development District

Agenda Package

March 18, 2026

Poinciana West
Community Development District
Meeting Agenda
Wednesday	The Gator Room
March 18, 2026	385 Village Drive
9:30 AM	Poinciana, Florida

Zoom Information for Members of the Public: Link: https://us06web.zoom.us/j/88380643758 Dial-in Number: (646) 876-9923
Meeting ID: 883 8064 3758

Roll Call
Pledge of Allegiance
Public Comment Period on Agenda Items
Approval of Minutes of the January 21, 2026 Board of Supervisors Meeting
Consideration of Resolution 2026-01 Approving Proposed Fiscal Year 2027 Budget and Setting a Public Hearing
Ratification of Audit Engagement Letter
Review and Acceptance of Fiscal Year 2025 Audit Report
Review of Floralawn Proposal to Maintain HOA Improvements on CDD Tracts
Consideration of Amended Floralawn Proposal for Stump Grinding
Consideration of Proposal for Clam Stocking
Discussion of Abandoned Property at 346 Monterrey Drive

Staff Reports
Attorney
Engineer
Consideration of General Work Authorization
Consideration of Work Authorization for Annual Stormwater Inspection
District Manager
Check Register
Financials
Action Items List
Review of September 2025 Unaudited Financials
Field Manager
Field Manager’s Report
Pond Maintenance Report
Midge Management Report
Customer Complaint Log
Supervisor's Requests
General Audience Comments

Other Business
Next Meeting Date- May 20, 2026; The Gator Room
Adjournment

Minutes

MINUTES OF MEETING POINCIANA WEST
COMMUNITY DEVELOPMENT DISTRICT

The regular meeting of the Board of Supervisors of the Poinciana West Community Development District was held on Wednesday, January 21, 2026, at 9:30 a.m. via Zoom Communication Media Technology and in The Gator Room, 385 Village Drive, Poinciana, Florida.
Present and constituting a quorum were:

Peggy Gregory	Chair
Roy LaRue	Vice Chairman
Dr. Maneck Master	Assistant Secretary
Irene Stecher	Assistant Secretary
Cap Doorn	Assistant Secretary

Also present were:

Tricia Adams	District Manager
Scott Clark	District Counsel
Joel Blanco	Field Services Manager
Cherrief Jackson	Clarke Midge Control
Jon Cameron	Poinciana CDD Chair
Rick McKelvey	Poinciana CDD Vice Chair
Anita Nelson	Poinciana CDD Supervisor Residents

The following is a summary of the discussions and actions taken at the January 21, 2026, Poinciana West Community Development District’s Board of Supervisors Meeting.

FIRST ORDER OF BUSINESS	Roll Call
Ms. Adams called the meeting to order and called the roll at 9:31 a.m. A quorum was present.

SECOND ORDER OF BUSINESS	Pledge of Allegiance
The Pledge of Allegiance was recited.

THIRD ORDER OF BUSINESS	Public Comment Period on Agenda Items
Ms. Adams opened the public comment period. The following residents addressed the
Board:
Residents  addressed the Board regarding midge activity and pond  maintenance,
particularly concerning Pond P-22. Concerns included inconsistent treatment, algae buildup, floating vegetation, and impacts to residents. Staff confirmed P-22 was included for fogging but not larvicide and noted treatment decisions are based on complaint history and conditions. Staff indicated the matter would be addressed further during the Field Manager’s Report.

FOURTH ORDER OF BUSINESS	Approval of Minutes of the September 17,
2025, Board of Supervisors Meeting
Ms. Adams presented the minutes of the September 17, 2025, Board of Supervisors Meeting, a draft which were included in the agenda package and were reviewed by District management staff. Mr. LaRue recalled asking on Page 9 of the minutes or Page 14 of the agenda package, the cost per pound for the special treatment, as they were currently treating Ponds 5, 6, 8 and 9 for midges. On Page 21 of the agenda package, fourth line down, Mr. LaRue requested that “2.5 feet” be “2.5 vertical feet.”

FIFTH ORDER OF BUSINESS	Consideration of Data Sharing and Usage
Agreement with Polk County Property Appraiser
Ms. Adams presented a Data Sharing and Usage Agreement between the District and the Polk County Property Appraiser, which was included in the agenda package, exempting judges and law enforcement personnel from public records disclosure. It was an annual agreement that would be in effect from January 1, 2026, through December 31, 2026, whereby any confidential and exempt records that were provided by Polk County to the District, would be held by the District as confidential and exempt.

SIXTH ORDER OF BUSINESS	Consideration   of   Proposals   for
Engineering Services
Ms. Adams presented a rate sheet and proposal from Dewberry Engineers, Inc., included in the agenda package. The proposal was consistent with prior discussions and reflected no changes according to the principal engineer. Dewberry would attend meetings and perform annual stormwater inspections and other services to support compliance with Florida Statutes, the Trust Indenture, and best practices.
Dr. Master asked if the District had a contract with Dewberry. Ms. Adams confirmed that there was no current contract. Mr. Dorn questioned the annual fee. Ms. Adams indicated there was no set annual fee, but the budget that the Board set aside for engineering services, was
$15,000 per year. The CDD budget was based on historical use of the engineer. Dewberry served at the pleasure of the Board and only bill when they incur hours. Mr. LaRue questioned whether Mr. Joey Duncan was a level 7, 8 or 9 engineer. Ms. Adams did not know and would find out. Ms. Stecher asked if the rate schedule was effective every June. Ms. Adams replied affirmatively. Ms. Stecher questioned why Dewberry was not selected in the initial RFQ. Ms. Gregory recalled that Rayl was number one and Dewberry was number two. Mr. LaRue pointed out that Rayl was a small firm and they were close by. Ms. Stecher asked if Dewberry was available when the survey takes place this Spring. Ms. Adams indicated if the Board selected Dewberry by motion, the next step would be to enter into an agreement for annual engineering services. At the next meeting, a Work Authorization for the annual inspection, would be presented to the Board for approval. However, if there was no quorum or the Chair decided it was not prudent to meet, the Chair could authorize the Work Authorization, if the rainy season was approaching and the inspection has not occurred.

SEVENTH ORDER OF BUSINESS	Review  of  Landscape  and  Hardscape
Improvements on CDD tracts
Ms. Adams reviewed landscape and hardscape improvements located on CDD tracts that had historically been maintained by the HOA. Staff identified several areas for clarification regarding maintenance responsibility. The Board directed staff to coordinate with the HOA regarding continued maintenance and to obtain pricing should the District assume responsibility.

EIGHTH ORDER OF BUSINESS	Consideration  of  Proposal  for  Stump
Grinding
Ms. Adams presented a proposal from Floralawn for stump grinding in the amount of
$1,900, which was included in the agenda package, as the Board previously directed staff to have Floralawn remove some Cypress trees. Ms. Gregory recalled that three Cypress trees on CDD property that were encroaching a resident’s property line, were cut down by the CDD a couple of months ago. Ms. Adams pointed out that this property was behind Indian Wells. Mr. Blanco indicated that he was informed by the resident that the root system was getting close to their lanai. However, this was not a reason to move forward with this. Ms. Gregory asked if there were any pictures showing that it was approaching their lanai. Mr. Blanco had pictures but did not include them in his report. Mr. LaRue asked if Cypress trees continue to grow from the roots. Mr. Blanco could see this happening, as the roots would continue to grow. Dr. Master asked if there was another option to grinding, such as a chemical option. Mr. Blanco was not aware of one. Ms. Gregory questioned how far the root was traveling to the lanai from where the stumps were cut. Mr. Blanco estimated 6 or 7 feet, which was why he originally recommended having the trees cut. Mr. LaRue was in favor of the stump grinding, as this was very close to the lanai. Ms. Gregory had no objection to it but would like to see pictures. Mr. LaRue asked if it included re-sodding. Mr. Blanco did not see in the proposal and would ask Floralawn to update the proposal to include it. This item was deferred, so that Mr. Blanco could provide a proposal at the next meeting that included sod replacement and photos of the existing conditions.

NINTH ORDER OF BUSINESS	Consideration  of  Proposal  for  Trench
Fill-In
Ms. Adams presented a proposal with GMS for a trench fill-in in the amount of $311, which was included in the agenda package. The trench was dug near P-10, to provide positive

water flow. The proposal was for labor, mobilization and any equipment that was required. Ms. Gregory admitted that she and her husband dug the trench, because they were getting no action from the prior engineer, but questioned what equipment was needed for $90. Mr. Blanco explained that they needed to use an open trailer to transport $46 worth of fill-in dirt, which they must haul from St. Cloud. In addition, there was also an area where the hose was, which he would also like to fill. Mr. Blanco offered another option, which was to remove the fill-in dirt and trailer from the proposal and use what was there.
Ms. Stecher asked if there was enough dirt. Mr. LaRue pointed out that the dirt that was there, came out of the trench, but if it was not exactly to the top, it would be fine and approved of spending $110 for just the labor. Ms. Stecher questioned mobilization fees. Mr. Blanco explained that the mobilization fee was for the travel and truck usage but offered to remove the equipment and materials fee. Therefore, the amount would be $175.

Mr. Dorn did not want to vote. Ms. Adams explained that Board Members could only abstain if there was a financial conflict.

TENTH ORDER OF BUSINESS	Consideration	of	Non-Ad	Valorem
Agreement with Polk County
Ms. Adams presented a Non-Ad Valorem Agreement between the District and the Polk County Property Appraiser, which was included in the agenda package. This was to ensure that the information that the CDD provided for the Tax Roll, was in accordance with Florida Statutes and that they were meeting the deadlines provided by Polk County, to include the CDD fees on

the Polk County Tax Bill. This was something that staff recommended approval of and was an administrative item that was presented to the Board each year.

ELEVENTH ORDER OF BUSINESS	Staff Reports
Attorney
Mr. Clark reported that the settlement with the CDD across the way, for the Pond 19-A damage, was complete. They paid the $22,600 that the CDD asked them to pay and ultimately agreed to a form of settlement that was acceptable to him. Ms. Adams commended Mr. Clark on his efforts, as Mr. Clark informed the Board that they kept delaying it and wanted the CDD to sign their form of agreement, which was broad. When he informed them that the CDD was going to inform the Water Management District that they were in violation of their dewatering permit, they agreed to the CDD’s form of agreement and paid the $22,600. Mr. LaRue appreciated all of Mr. Clark’s efforts but asked if the $22,600 covered all the engineering and attorney fees. Mr. Clark replied affirmatively.

Engineer
Ms. Adams spoke to Mr. Rey Malavé regarding Mr. Joey Duncan’s engineering level but did not yet have a response.

District Manager
Approval of Check Register
Ms. Adams presented the Check Register for November 1, 2025, through December 31, 2025, totaling $908,256.01, which was included in the agenda package, along with the detailed invoices and Check Run Summary. The transfers to US Bank, were for the transfer of tax receipts, because as soon as the CDD received the revenue from the Tax Collector, there was an electronic submittal. The portion for the General Fund maintenance, was retained by the District, but the portion that was allocated for the bonds and debt service payments, were transferred to the Trustee. Ms. Gregory noted that $323.24 was spent for postage on the November 1st invoice. Ms. Adams would find out details on that postage expense and report back to the Board.

Financials
Ms. Adams presented the unaudited financials through December 31, 2025, and reviewed fund balances, collections, expenditures, and investment activity, including establishment of a Florida CLASS account for surplus funds.
Action Items List
Ms. Adams presented the Action Items List, which was included in the agenda package. Many of these items were already discussed. The selection of the District Engineer was now completed and would be removed from the Action Items List. The review of investment options would remain on the Action Items List, as an ongoing item. The other item that was marked as completed, was the Pond 19-A damage restoration and reimbursement, which Mr. Clark reported on under his report. The executed release was received on December 2, 2025, and the check was received in the Orlando GMS office on December 4, 2025.

Field Manager’s Report
Field Manager’s Report
Mr. Blanco presented the Field Manager Report, which was included in the agenda package. He provided a new version of the Field Manager’s Report, which was different than prior reports. It included a Field Management Action Items List, as well as a supplemental photo report. The purpose was to streamline the report, memorialize it and better track it. The stump grinding and trench fill-in, were discussed. In the Supplemental Report, it was previously reported that fabric was covering the drain grade. That has been pulled back, and the grate itself was free of any fabric or anything that could clog it.

Pond Maintenance Report
Midge Management Report
Customer Complaint Log
Mr. Blanco presented the customer complaint log. The Board discussed littoral maintenance, enforcement challenges, and alternative biological controls. Staff was directed to obtain

proposals for freshwater clams, grass shrimp, Gambusia fish for Pond P-21, and larvicide treatment for P-21 and P-22.

TWELFTH ORDER OF BUSINESS	Supervisor’s Requests
There being no comments, the next item followed.

THIRTEENTH ORDER OF BUSINESS	General Audience Comments
Ms. Hedy Lowenheim of 340 Monterey Street was surprised that Mr. Blanco did not mention her pond, P-2, as she was in touch with him every so often, to try to get Clarke to come out to spray for an ongoing midge problem. Mr. Blanco explained that with any type of recommendation, there needed to be a history. Even though Ms. Lowenheim called many times, multiple residents needed to call in midge complaints. Ms. Adams pointed out that Mr. Blanco had the authority to direct an extra barrier treatment and extra adulticide when it was needed. Mr. LaRue asked if it was just this home or the entire pond. Mr. Blanco acknowledged that he only received complaints from Ms. Lowenheim for P-2, but he must receive multiple complaints, as the larvicide was for the entire pond. However, it could be a wind that was directing all the midges to Ms. Lowenheim’s house. Placing Gambusia fish into the pond, was the first step, but the Board must direct this. There were currently littorals on this pond.
Ms. Gregory asked if someone with a backpack walked around her house. Ms. Jackson confirmed that someone with a backpack walked P-2 three times. The last time was on January 7th and January 14th. They only received three complaints about P-2. Ms. Adams pointed out that there were times after an adulticide treatment that the issue did not re-occur. It was so hard to predict, because the midge population was dynamic. Mr. Dorn felt that having Gambusia in all their ponds, would be a great idea. Ms. Adams explained that Gambusia needs a littoral shelf or edge grasses as a habitat, as other fish could eat them if they did not have a place to hide from predators. Therefore, if there was a habitat for the Gambusia, the pond was a good candidate for the Gambusia and grass shrimp to control the midges by eating the eggs. Ms. Adams reminded Board Members to direct residents to contact Iman at GMS, to be recorded on the complaint log, as it was helpful data for the Board to consider adding funds to the midge/larvicide program. Ms. Lowenheim asked if there was a decision to obtain a proposal. Ms. Adams indicated unless there was an objection from the Board, they could bring back a proposal to stock P-2 with Gambusia

and grass shrimp. Mr. LaRue requested that they separate the costs. Mr. Barry Dombchik of 1320 Bonita Canyon Drive asked if the Board approved P-22. Ms. Adams confirmed that the Board directed staff to bring back proposals to the next meeting. In the interim, there could be barrier treatments, as those were already funded. Mr. Dombchik questioned the time of year when the midges were worse than others. Ms. Jackson indicated Summer and Spring were the worst, but they could be present year-round.
Mr. Jon Cameron, Chairman of the Poinciana CDD, spoke about the landscape and hardscape improvements on CDD tracts. In 2023, the HOA Board arbitrarily decided that they were no longer going to maintain all the properties that they had to maintain for 20 years that were owned by the CDD. As a result, there was a License Agreement, whereby the HOA agreed to maintain everything that they always maintained. However, the Poinciana CDD has been working with Mr. McKelvey to establish a Fishing Policy on Poinciana CDD ponds, as Taylor Morrison added some language to the master documents, to allow fishing in all ponds within Solivita, which caused confusion. The policy would handle all the complaints and problems from people fishing behind houses and trying to determine areas of recommended fishing. He recommended that the Board consider a similar policy. Ms. Gregory asked if the Fishing Policy would allow fishing on specific ponds. Mr. Cameron explained that staff identified areas where fishing was recommended. They were not prohibiting fishing on any pond, but if the homeowner asked them to move, they need to move. If a fence behind a home was within 10 to 15 feet of the pond, they were asking people not to fish there at all. The Poinciana CDD Board was working with the Solivita Fishing Club to offer training and a fishing pass. The problem has not been with the Fishing Club, but it was with people who were not in the club who did not know the rules. Mr. McKelvey was doing a phenomenal job on the Fishing Policy, which was only for Poinciana CDD ponds.
Ms. Gregory felt that they were taking away more privileges than they were giving and questioned the detriment to allowing someone to fish. Mr. Cameron pointed out that this policy did not take away privileges from anyone. It just set some parameters, because by permit, these were not recreational ponds. Some of this had to do with Taylor Morrison selling homes on ponds that they controlled. They were trying to get two varying opinions together to try to come up with a solution that was workable for everybody. People were not supposed to go into people’s yards to fish, but they do that and this policy sets forth guidelines. Ms. Gregory pointed

out that residents were not supposed to cut down littorals, but they do that. Mr. Cameron noted that they could not legislate behavior for people that did not have common sense and suggested that Ms. Adams send the Fishing Policy to this Board, so that this Board could review it. Mr. LaRue felt it was not broken, they should not fix it, as they were not going to control the homeowner that was ignorant in the first place. In addition, this CDD Board was not going to stop the Poinciana CDD Board from educating the fishermen. Mr. McKelvey wanted to train people to fish responsibly. Dr. Master felt that was a fair thing to do, but there were many people who wanted privacy in the backyard and having people walking around their backyard fishing, was not something that they wanted. Mr. Dorn had an issue with the pass. Dr. Master questioned what the pass does, if he did not want someone fishing in his backyard. Mr. Cameron indicated that the Solivita Fishing Club would keep a database. Ms. Stecher requested more information on what they were putting in writing out to the public. Mr. LaRue was in favor of the Poinciana CDD Board providing the Fishing Policy for review but did not want to have a big discussion at the next meeting.

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

FIFTEENTH ORDER OF BUSINESS	Next Meeting Date – March 18, 2026; The
Gator Room
Ms. Adams stated that the next meeting was scheduled for March 18, 2026, at 9:30 a.m. in The Gator Room.

SIXTEENTH ORDER OF BUSINESS	Adjournment

Secretary / Assistant Secretary	Chair/Vice Chairman

Section V

RESOLUTION 2026-01

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE POINCIANA WEST COMMUNITY DEVELOPMENT DISTRICT APPROVING A PROPOSED BUDGET FOR FISCAL YEAR 2026/2027 AND SETTING A PUBLIC HEARING THEREON PURSUANT TO FLORIDA LAW; ADDRESSING TRANSMITTAL, POSTING AND PUBLICATION REQUIREMENTS; ADDRESSING SEVERABILITY; AND PROVIDING AN EFFECTIVE DATE.
WHEREAS, the District Manager has heretofore prepared and submitted to the Board of Supervisors (“Board”) of the Poinciana West Community Development District (“District”) prior to June 15, 2026, a proposed budget (“Proposed Budget”) for the fiscal year beginning October 1, 2026, and ending September 30, 2027 (“Fiscal Year 2026/2027”); and

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

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE POINCIANA WEST COMMUNITY DEVELOPMENT DISTRICT:
PROPOSED BUDGET APPROVED. The Proposed Budget prepared by the District Manager for Fiscal Year 2026/2027 attached hereto as Exhibit A is hereby approved as the basis for conducting a public hearing to adopt said Proposed Budget.
SETTING A PUBLIC HEARING. A public hearing on said approved Proposed Budget is hereby declared and set for the following date, hour and location:

DATE:	July 15, 2026
HOUR:	9:30 AM
LOCATION: The Gator Room
385 Village Dr.
Poinciana, FL 34759
TRANSMITTAL  OF  PROPOSED  BUDGET  TO  LOCAL  GENERAL
PURPOSE GOVERNMENT(S). The District Manager is hereby directed to submit a copy of the Proposed Budget to Polk County, Florida at least 60 days prior to the hearing set above.

POSTING OF PROPOSED BUDGET. In accordance with Section 189.016, Florida Statutes, the District’s Secretary is further directed to post the approved Proposed Budget on the District’s website at least two days before the budget hearing date as set forth in Section 2 and shall remain on the website for at least 45 days.

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

SEVERABILITY. The invalidity or unenforceability of any one or more provisions of this Resolution shall not affect the validity or enforceability of the remaining portions of this Resolution, or any part thereof.
EFFECTIVE DATE. This Resolution shall take effect immediately upon adoption.
PASSED AND ADOPTED THIS 18TH DAY OF MARCH 2026.
ATTEST:	POINCIANA WEST COMMUNITY DEVELOPMENT DISTRICT

Secretary / Assistant Secretary	Chair/Vice Chair, Board of Supervisors
Exhibit A:	Proposed Budget
19 of 157

Poinciana West
Community Development District

Proposed Budget
FY 2027
Table of Contents

1		General Fund	

2-3	
	General Fund Narrative	

4	
	Fund Balance Analysis	

5	
	Debt Service Fund Series 2017-1 & 2	

6	
	Amortization Schedule Series 2017 -1	

7	
	Amortization Schedule Series 2017-2	

8	
	Assessment Schedule	
Poinciana West
Community Development District
Proposed Budget General Fund

Actuals Thru  Actuals Thru	Adopted	Actuals Thru  Projected Next Projected Thru  Proposed
Budget	Budget								
	9/30/24	9/30/25	FY2026	2/28/26	7 Months	9/30/26	FY 2027	

Revenues								
Special Assessments - Tax Collector	$	295,613	$	293,466	$	291,295	$	278,413	$	12,882	$	291,295	$	291,295	
Property Conveyance Fees	37,900	33,404	-	-	-	-	-	
Interest	1,689	3,735	15,000	12,893	25,325	38,218	15,000	
Miscellaneous Revenue	200	-	-	26,158	-	26,158	-	
Carry Forward Balance	-	-	61,123	-	-	-	61,087	
Total Revenues	$  335,402	$  330,605	$  367,418	$  317,464	$	38,207	$  355,671	$  367,382	

Expenditures								
Administrative								
Supervisors Fees	$	3,600	$	3,800	$	6,000	$	1,000	$	3,000	$	4,000	$	6,000	
FICA Expense	275	291	459	77	230	306	459	
Engineering	3,202	1,938	15,000	-	5,000	5,000	15,000	
Engineering - Pond Damange	-	2,500	-	260	-	260	-	
Attorney	12,957	19,629	25,000	2,470	8,233	10,703	20,000	
Attorney - Pond Damage	-	7,420	-	-	-	-	-	
Arbitrage	450	450	450	-	450	450	450	
Dissemination	3,500	3,675	3,785	1,577	2,208	3,785	3,975	
Annual Audit	3,650	3,400	3,500	-	3,500	3,500	3,600	
Trustee Fees	4,256	4,256	4,256	-	4,256	4,256	4,256	
Assessment Administration	5,000	5,250	5,250	5,250	-	5,250	5,513	
Management Fees	41,200	43,260	44,558	18,566	25,992	44,558	46,786	
Information Technology	1,238	1,300	1,339	558	781	1,339	1,406	
Website Maintenance	825	867	893	372	521	893	937	
Postage	795	829	1,000	711	1,170	1,881	2,000	
Printing & Binding	122	143	500	3	150	153	250	
Insurance	5,200	5,200	5,500	5,512	-	5,512	6,500	
Legal Advertising	1,760	1,649	2,500	-	1,500	1,500	2,500	
Other Current Charges	4,462	2,092	2,400	1,151	1,611	2,762	3,000	
Office Supplies	64	35	200	-	75	75	100	
Property Appraiser	3,099	-	3,100	3,099	-	3,099	3,100	
Dues, Licenses & Subscriptions	175	175	175	175	-	175	175	
Total Administrative	$	95,830	$  108,158	$  125,865	$	40,781	$	58,677	$	99,458	$  126,006	

Operations & Maintenance								
Field Services	$	10,609	$	11,140	$	11,474	$	4,781	$	6,693	$	11,474	$	12,048	
Landscape Maintenance	65,188	66,455	69,476	28,108	39,351	67,459	69,476	
Aquatic Control Maintenance	67,194	69,882	72,677	30,281	42,393	72,674	77,038	
Aquatic Midge Maintenance	26,512	27,307	28,946	12,061	16,885	28,946	29,814	
R&M Plant Replacement	-	-	3,000	-	3,000	3,000	3,000	
Storm Structure Repairs	-	-	10,000	-	3,630	3,630	10,000	
Contingency	395	13,483	30,980	442	7,500	7,942	25,000	
Capital Outlay	-	6,205	15,000	-	-	-	15,000	
Total Operations & Maintenance	$  169,898	$  194,472	$  241,553	$	75,673	$  119,453	$  195,126	$  241,375	
								
Total Expenditures	$  265,728	$  302,630	$  367,418	$  116,454	$  178,130	$  294,584	$  367,382	
								
Excess Revenues/(Expenditures)	$	69,674	$	27,975	$	-	$	201,011	$  (139,923)	$	61,087	$	-	

Net Assessments	
$	291,295							
Collection Cost (6%)	18,593							
Gross Assessments	$	309,888							

Property Type	Platted Units	Gross Per Unit	Gross Total	
Single Family	1650	$186.57	$307,836	
Recreational	11	$186.57	$2,052	
	1661		$309,888	

Special Assessments- On Roll
The District will levy a Non-Ad Valorem assessment on platted parcels within the District in order to pay for the operating expenditures during the Fiscal Year.
Interest Income
The District will have all excess funds invested. The amount is based open the estimated average balance of funds available during the fiscal year.
Misc. Income
Any other income that is not mentioned above.

Supervisors Fees
Chapter 190 of the Florida Statutes allows for members of the Board of Supervisors to be compensated $200 per meeting in which they attend. The budgeted amount for the fiscal year is based on all 5 supervisors attending 6 meetings.
FICA Taxes
Payroll taxes on Board of Supervisor’s compensation. The budgeted amount for the fiscal year is calculated at 7.65% of the total Board of Supervisor’s payroll expenditures.
Engineering
The District's engineer, Dewberry Engieers, Inc., will be providing general engineering services to the District, e.g. attendance and preparation for monthly board meetings, review of invoices and requisitions, preparation and review of contract specifications and bid documents, and various projects assigned as directed by the Board of Supervisors and the District Manager.
Arbitrage
The District will contract with an independent certified public accountant to annually calculate the District’s Arbitrage Rebate Liability on the Series 2017 R1 & R2 Special Assessment Refunding Bonds. The District has contracted with AMTEC for this service.
Dissemination Agent
The District is required by the Security and Exchange Commission to comply with Rule 15(c)(2)-12(b)(5), which relates to additional reporting requirements for un-rated bond issues.

Attorney
The District's legal counsel, Clark & Albaugh, LLP, will be providing general legal services to the District, e.g. attendance and preparation for monthly meetings, preparation and review of agreements and resolutions, and other research assigned as directed by the Board of Supervisors and the District Manager.
Annual Audit
The District is required to conduct an annual audit of its financial records by an Independent Certified Public Accounting Firm. The budgeted amount for the fiscal year is based on contracted fees from the previous year engagement with Grau and Associates plus anticipated increase.
Assessment Administration - Admin
GMS CF, LLC provides assessment services for closing lot sales, assessment roll services with the local Tax Collector and financial advisory services.
Trustee Fees
The District will pay annual trustee fees for the Series 2017 R-1 & R-2 Special Assessment Refunding Bonds that are deposited with a Trustee at USBank.
Management Fees
The District receives Management, Accounting and Administrative services as part of a Management Agreement with Governmental Management Services-Central Florida, LLC. The budgeted amount for the fiscal year is based on the contracted fees outlined in Exhibit "A" of the Management Agreement.

Information Technology
The District processes all of its financial activities, i.e. accounts payable, financial statements, etc. on a main frame computer leased by Governmental Management Services – South Florida, LLC.
Website Maintenance
Per Chapter 2014-22, Laws of Florida, all Districts must have a website to provide detailed information on the CDD as well as links to useful websites regarding Compliance issues. This website will be maintained by GMS-CF, LLC and updated monthly.
Postage and Delivery
Actual postage and/or freight used for District mailings including agenda packages, vendor checks and other correspondence.
Insurance General Liability
The District's General Liability & Public Officials Liability Insurance policy is with a qualified entity that specializes in providing insurance coverage to governmental agencies.

Printing and Binding
Copies used in the preparation of agenda packages, required mailings, and other special projects.
Legal Advertising
The District is required to advertise various notices for monthly Board meetings and other public hearings in a newspaper of general circulation.
Other Current Charges
This includes monthly bank charges and any other miscellaneous expenses that incur during the year.
Due, Licenses & Subscriptions
The District is required to pay an annual fee to the Department of Economic Opportunity Community Affairs for $175.

Field Management Services
Governmental Management Services – Central Florida, LLC provides onsite field management of contracts for the District such as landscape and lake maintenance. Services include onsite inspections, meetings with contractors, monitoring of utility accounts, attend Board meetings and receive and respond to property owner phone calls and emails.
Landscape Maintenance
The District maintains the lake bank maintenance that include mowing of no less than once every 7 days during the months of April 1st to October 31st and no less than once every 14 days from November 1st to March 31st. The District has contracted with Floralawn 2, LLC for this service.
Description	Monthly	Annual	
Landscape Maintenance	$5,789.65	69,476	
Aquatic Control Maintenance
Represents costs for aquatic midge control (blind mosquitoes, weekly ATV aerosol & monthly aerial larvicide.) The District has contracted with Clarke Environmental for this service. FY2027 includes a 3% increase.
Description	Monthly	Annual	
Aquatic Control Maintenance	$6,419.80	77,038	
Aquatic Midge Management

Description	Monthly	Annual	
Aquatic Midge Mgmt	$2,484.53	29,814	
Storm Structure Repairs
Represents estimated repair and maintenance cost to the storm structures maintained by the District.
R&M - Plant Replacement
Represents estimated cost for the replacement of aquatic plants and tree replacement around the ponds.
Capital Outlay
Represents estimated costs for any capital related projects.

Projected Fund Balance Analysis

FY 2023 Ending Fund Balance
Actual Beginning Fund Balance	
$	656,390	
Plus: projected excess revenue	 $	83,223 	
Projected Ending Fund Balance	 $	739,613 	
FY 2024 Ending Fund Balance
Actual Beginning Fund Balance	
$	727,015	
Plus: projected excess revenue	 $	69,781 	
Projected Ending Fund Balance	 $	796,796 	
FY 2025 Ending Fund Balance
Actual Beginning Fund Balance	
$	785,128	
Plus: projected excess revenue	 $	-		
Projected Ending Fund Balance	 $	785,128 	
FY 2026Ending Fund Balance
Actual Beginning Fund Balance	
$	808,899	
Plus: projected excess revenue	 $	-		
Projected Ending Fund Balance	 $	808,899 	
FY 2027 Estimated Reserves (Ending Fund Balance)
Operating Reserve (3 months)	
$	(72,824)	
Unreserved Fund Balance	 $	808,899 	
	 $	736,075 	
Proposed Budget
Debt Service Fund Series 2017 A-1 & A-2

Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Proposed
Budget						
	FY2026	2/28/26		7 Months		9/30/26	FY 2027	

Revenues						
Assessments - Tax Collector	$	1,040,361	$	982,714	$	57,647	$	1,040,361	$	1,040,361	
Assessments - Prepayments	-	10,774	-	10,774	-	
Interest	-	9,909	1,500	11,409	-	
Carry Forward Surplus	295,448	331,836	-	331,836	371,977	
Total Revenues	$ 1,335,809	$ 1,335,233	$	59,147	$ 1,394,380	$ 1,412,338	

Expenditures						
Administrative						
Property Appraiser	$	11,200	$	11,054	$	-	$	11,054	$	11,200	
Series 2017 -1						
Interest - 11/1	148,427	148,427	-	148,427	139,361	
Special Call - 11/1	-	20,000	-	20,000	-	
Principal - 5/1	480,000	-	480,000	480,000	495,000	
Interest - 5/1	148,427	-	148,001	148,001	139,361	
Special Call - 5/1	-	-	-	-	-	
Series 2017 -2						
Interest - 11/1	50,032	50,032	-	50,032	46,933	
Special Call -11/1	-	5,000	-	5,000	-	
Principal - 5/1	110,000	-	110,000	110,000	115,000	
Interest - 5/1	50,032	-	49,889	49,889	46,933	
Special Call -11/1	-	-	-	-	-	
Total Expenditures	$	998,118	$	234,513	$	787,891	$ 1,022,403	$	993,789	
						
Excess Revenues/(Expenditures)	$	337,691	$ 1,100,720	$	(728,744)	$	371,977	$	418,549	

	Series 2017 R-1							
Interest - 11/1/27	130,204					

	Series 2017 R-2							
		Interest - 11/1/27	43,843			
		
Net Assessments	
$	1,040,361			
		Collection Cost (6%)	66,406			
		Gross Assessments	$	1,106,767			
						
Property Type	Platted Units	Gross Per Unit	Gross Total			
Single Family	1601	$686.58	$1,099,215			
Recreational	11	$686.58	$7,552			
	1612		$1,106,767			

Period	Outstanding Balance	Coupons	Principal		Interest	Annual Debt Service	

05/01/26	
7,205,000	
3.600%	
480,000	
148,001			
11/01/26	6,725,000	3.600%		-	139,361	767,363	
05/01/27	6,725,000	3.700%	495,000	139,361			
11/01/27	6,230,000	3.700%		-	130,204	764,565	
05/01/28	6,230,000	3.750%	515,000	130,204			
11/01/28	5,715,000	3.750%		-	120,548	765,751	
05/01/29	5,715,000	4.000%	535,000	120,548			
11/01/29	5,180,000	4.000%		-	109,848	765,395	
05/01/30	5,180,000	4.125%	555,000	109,848			
11/01/30	4,625,000	4.125%		-	98,401	763,248	
05/01/31	4,625,000	4.125%	580,000	98,401			
11/01/31	4,045,000	4.125%		-	86,438	764,839	
05/01/32	4,045,000	4.125%	605,000	86,438			
11/01/32	3,440,000	4.125%		-	73,960	765,398	
05/01/33	3,440,000	4.300%	630,000	73,960			
11/01/33	2,810,000	4.300%		-	60,415	764,375	
05/01/34	2,810,000	4.300%	660,000	60,415			
11/01/34	2,150,000	4.300%		-	46,225	766,640	
05/01/35	2,150,000	4.300%	685,000	46,225			
11/01/35	1,465,000	4.300%		-	31,498	762,723	
05/01/36	1,465,000	4.300%	715,000	31,498			
11/01/36	750,000	4.300%		-	16,125	762,623	
05/01/37	750,000	4.300%	750,000	16,125	766,125		
TOTAL	$	7,205,000	$	1,974,044	$	9,179,044	

Period	Outstanding Balance	Coupons	Principal		Interest	Annual Debt Service	

05/01/26	
1,785,000	
5.375%	
110,000	
49,889			
11/01/26	1,675,000	5.375%		-	46,933	206,823	
05/01/27	1,675,000	5.375%	115,000	46,933			
11/01/27	1,560,000	5.375%		-	43,843	205,776	
05/01/28	1,560,000	5.375%	120,000	43,843			
11/01/28	1,440,000	5.375%		-	40,618	204,460	
05/01/29	1,440,000	5.375%	125,000	40,618			
11/01/29	1,315,000	5.375%		-	37,258	202,876	
05/01/30	1,315,000	5.375%	135,000	37,258			
11/01/30	1,180,000	5.375%		-	33,630	205,888	
05/01/31	1,180,000	5.700%	140,000	33,630			
11/01/31	1,040,000	5.700%		-	29,640	203,270	
05/01/32	1,040,000	5.700%	150,000	29,640			
11/01/32	890,000	5.700%		-	25,365	205,005	
05/01/33	890,000	5.700%	160,000	25,365			
11/01/33	730,000	5.700%		-	20,805	206,170	
05/01/34	730,000	5.700%	170,000	20,805			
11/01/34	560,000	5.700%		-	15,960	206,765	
05/01/35	560,000	5.700%	175,000	15,960			
11/01/35	385,000	5.700%		-	10,973	201,933	
05/01/36	385,000	5.700%	185,000	10,973			
11/01/36	200,000	5.700%		-	5,700	201,673	
05/01/37	200,000	5.700%	200,000	5,700	205,700		
TOTAL	$	1,785,000	$	671,337	$	2,456,337	
28 of 157
Poinciana West
Community Development District
Non-Ad Valorem Assessments Comparison 2026-2027

Neighborhood	
O&M Units	Bonds Units 2017	
Annual Maintenance Assessments	
Annual Debt Assessments	
Total Assessed Per Unit							
	FY 2027	FY 2026	Variance	FY 2027	FY 2026	Variance	FY 2027	FY 2026	Variance			

Single Family	

1650	

1601	

$186.57	

$186.57	

$0.00	

$686.58	

$686.58	

$0.00	

$873.15	

$873.15	

$0.00	
Recreational	11	11	$186.57	$186.57	$0.00	$686.58	$686.58	$0.00	$873.15	$873.15	$0.00	
Total	1661	1612										

Page 8

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

August 11, 2025 Board of Supervisors
Poinciana West Community Development District 219 East Livingston Street
Orlando, Florida 32801
We are pleased to confirm our understanding of the services we are to provide Poinciana West Community Development District, Polk County, Florida (“the District”) for the fiscal year ended September 30, 2025. We will audit the financial statements of the governmental activities and each major fund, including the related notes to the financial statements, which collectively comprise the basic financial statements of Poinciana West Community Development District as of and for the fiscal year ended September 30, 2025. In addition, we will examine the District’s compliance with the requirements of Section 218.415 Florida Statutes. This letter serves to renew our agreement and establish the terms and fee for the 2025 audit.
Accounting principles generally accepted in the United States of America provide for certain required supplementary information (RSI), such as management’s discussion and analysis (MD&A), to supplement the District’s basic financial statements. Such information, although not a part of the basic financial statements, is required by the Governmental Accounting Standards Board who considers it to be an essential part of financial reporting for placing the basic financial statements in an appropriate operational, economic, or historical context. As part of our engagement, we will apply certain limited procedures to the District’s RSI in accordance with auditing standards generally accepted in the United States of America. These limited procedures will consist of inquiries of management regarding the methods of preparing the information and comparing the information for consistency with management’s responses to our inquiries, the basic financial statements, and other knowledge we obtained during our audit of the basic financial statements. We will not express an opinion or provide any assurance on the information because the limited procedures do not provide us with sufficient evidence to express an opinion or provide any assurance.
The following RSI is required by generally accepted accounting principles and will be subjected to certain limited procedures, but will not be audited:
Management’s Discussion and Analysis
Budgetary comparison schedule
The following other information accompanying the financial statements will not be subjected to the auditing procedures applied in our audit of the financial statements, and our auditor’s report will not provide an opinion or any assurance on that information:
Compliance with FL Statute 218.39 (3) (c)
Audit Objectives
The objective of our audit is the expression of opinions as to whether your financial statements are fairly presented, in all material respects, in conformity with U.S. generally accepted accounting principles and to report on the fairness of the supplementary information referred to in the second paragraph when considered in relation to the financial statements as a whole. Our audit will be conducted in accordance with auditing standards generally accepted in the United States of America and the standards for financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States, and will include tests of the accounting records of the District and other procedures we consider necessary to enable us to express such opinions. We will issue a written report upon completion of our audit of the District’s financial statements. We cannot provide assurance that an unmodified opinion will be expressed. Circumstances may arise in which it is necessary for us to modify our opinion or add emphasis-of-matter or other-matter paragraphs. If our opinion on the financial statements is other than unmodified, we will discuss the reasons with you in advance. If, for any reason, we are unable to complete the audit or are unable to form or have not formed an opinion, we may decline to express an opinion or issue a report, or may withdraw from this engagement.
We will also provide a report (that does not include an opinion) on internal control related to the financial statements and compliance with the provisions of laws, regulations, contracts, and grant agreements, noncompliance with which could have a material effect on the financial statements as required by Government Auditing Standards. The report on internal control and on compliance and other matters will include a paragraph that states (1) that the purpose of the report is solely to describe the scope of testing of internal control and compliance, and the results of that testing, and not to provide an opinion on the effectiveness of the District’s internal control on compliance, and (2) that the report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the District’s internal control and compliance. The paragraph will also state that the report is not suitable for any other purpose. If during our audit we become aware that the District is subject to an audit requirement that is not encompassed in the terms of this engagement, we will communicate to management and those charged with governance that an audit in accordance with U.S. generally accepted auditing standards and the standards for financial audits contained in Government Auditing Standards may not satisfy the relevant legal, regulatory, or contractual requirements.
Examination Objective
The objective of our examination is the expression of an opinion as to whether the District is in compliance with Florida Statute 218.415 in accordance with Rule 10.556(10) of the Auditor General of the State of Florida. Our examination will be conducted in accordance with attestation standards established by the American Institute of Certified Public Accountants and will include tests of your records and other procedures we consider necessary to enable us to express such an opinion. We will issue a written report upon completion of our examination of the District’s compliance. The report will include a statement that the report is intended solely for the information and use of management, those charged with governance, and the Florida Auditor General, and is not intended to be and should not be used by anyone other than these specified parties. We cannot provide assurance that an unmodified opinion will be expressed. Circumstances may arise in which it is necessary for us to modify our opinion or add emphasis-of-matter or other-matter paragraphs. If our opinion on the District’s compliance is other than unmodified, we will discuss the reasons with you in advance. If, for any reason, we are unable to complete the examination or are unable to form or have not formed an opinion, we may decline to express an opinion or issue a report, or may withdraw from this engagement.
Other Services
We will assist in preparing the financial statements and related notes of the District in conformity with U.S. generally accepted accounting principles based on information provided by you. These nonaudit services do not constitute an audit under Government Auditing Standards and such services will not be conducted in accordance with Government Auditing Standards. The other services are limited to the financial statement services previously defined. We, in our sole professional judgment, reserve the right to refuse to perform any procedure or take any action that could be construed as assuming management responsibilities.
Management Responsibilities
Management is responsible for compliance with Florida Statute 218.415 and will provide us with the information required for the examination. The accuracy and completeness of such information is also management’s responsibility. You agree to assume all management responsibilities relating to the financial statements and related notes and any other nonaudit services we provide. You will be required to acknowledge in the management representation letter our assistance with preparation of the financial statements and related notes and that you have reviewed and approved the financial statements and related notes prior to their issuance and have accepted responsibility for them. In addition, you will be required to make certain representations regarding compliance with Florida Statute 218.415 in the management representation letter. Further, you agree to oversee the nonaudit services by designating an individual, preferably from senior management, who possesses suitable skill, knowledge, or experience; evaluate the adequacy and results of those services; and accept responsibility for them.
Management is responsible for designing, implementing and maintaining effective internal controls, including evaluating and monitoring ongoing activities, to help ensure that appropriate goals and objectives are met; following laws and regulations; and ensuring that management and financial information is reliable and properly reported. Management is also responsible for implementing systems designed to achieve compliance with applicable laws, regulations, contracts, and grant agreements. You are also responsible for the selection and application of accounting principles, for the preparation and fair presentation of the financial statements and all accompanying information in conformity with U.S. generally accepted accounting principles, and for compliance with applicable laws and regulations and the provisions of contracts and grant agreements.
Management is also responsible for making all financial records and related information available to us and for the accuracy and completeness of that information. You are also responsible for providing us with (1) access to all information of which you are aware that is relevant to the preparation and fair presentation of the financial statements, (2) additional information that we may request for the purpose of the audit, and (3) unrestricted access to persons within the government from whom we determine it necessary to obtain audit evidence.
Your responsibilities include adjusting the financial statements to correct material misstatements and for confirming to us in the written representation letter that 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.
You are responsible for 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 government involving (1) management, (2) employees who have significant roles in internal control, and (3) others where the fraud could have a material effect on the financial statements. Your responsibilities include informing us of your knowledge of any allegations of fraud or suspected fraud affecting the government received in communications from employees, former employees, grantors, regulators, or others. In addition, you are responsible for identifying and ensuring that the government complies with applicable laws, regulations, contracts, agreements, and grants and for taking timely and appropriate steps to remedy fraud and noncompliance with provisions of laws, regulations, contracts or grant agreements, or abuse that we report.
Management is responsible for establishing and maintaining a process for tracking the status of audit findings and recommendations. Management is also responsible for identifying and providing report copies of previous financial audits, attestation engagements, performance audits or other studies related to the objectives discussed in the Audit Objectives section of this letter. This responsibility includes relaying to us corrective actions taken to address significant findings and recommendations resulting from those audits, attestation engagements, performance audits, or other studies. You are also responsible for providing management’s views on our current findings, conclusions, and recommendations, as well as your planned corrective actions, for the report, and for the timing and format for providing that information.
With regard to the electronic dissemination of audited financial statements, including financial statements published electronically on your website, you understand that electronic sites are a means to distribute information and, therefore, we are not required to read the information contained in these sites or to consider the consistency of other information in the electronic site with the original document.
Audit Procedures—General
An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements; therefore, our audit will involve judgment about the number of transactions to be examined and the areas to be tested. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the financial statements. We will plan and perform the audit to obtain reasonable rather than absolute assurance about whether the financial statements are free of material misstatement, whether from (1) errors, (2) fraudulent financial reporting, (3) misappropriation of assets, or (4) violations of laws or governmental regulations that are attributable to the government or to acts by management or employees acting on behalf of the government. Because the determination of abuse is subjective, Government Auditing Standards do not expect auditors to provide reasonable assurance of detecting abuse.
Because of the inherent limitations of an audit, combined with the inherent limitations of internal control, and because we will not perform a detailed examination of all transactions, there is a risk that material misstatements may exist and not be detected by us, even though the audit is properly planned and performed in accordance with U.S. generally accepted auditing standards and Government Auditing Standards. In addition, an audit is not designed to detect immaterial misstatements or violations of laws or governmental regulations that do not have a direct and material effect on the financial statements. Our responsibility as auditors is limited to the period covered by our audit and does not extend to later periods for which we are not engaged as auditors.
Our procedures will include tests of documentary evidence supporting the transactions recorded in the accounts, and may include tests of the physical existence of inventories, and direct confirmation of receivables and certain other assets and liabilities by correspondence with selected individuals, funding sources, creditors, and financial institutions. We will request written representations from your attorneys as part of the engagement, and they may bill you for responding to this inquiry. At the conclusion of our audit, we will require certain written representations from you about your responsibilities for the financial statements; compliance with laws, regulations, contracts, and grant agreements; and other responsibilities required by generally accepted auditing standards.
Audit Procedures—Internal Control
Our audit will include obtaining an understanding of the government and its environment, including internal control, sufficient to assess the risks of material misstatement of the financial statements and to design the nature, timing, and extent of further audit procedures. Tests of controls may be performed to test the effectiveness of certain controls that we consider relevant to preventing and detecting errors and fraud that are material to the financial statements and to preventing and detecting misstatements resulting from illegal acts and other noncompliance matters that have a direct and material effect on the financial statements. Our tests, if performed, will be less in scope than would be necessary to render an opinion on internal control and, accordingly, no opinion will be expressed in our report on internal control issued pursuant to Government Auditing Standards.
An audit is not designed to provide assurance on internal control or to identify significant deficiencies or material weaknesses. However, during the audit, we will communicate to management and those charged with governance internal control related matters that are required to be communicated under AICPA professional standards and Government Auditing Standards.
Audit Procedures—Compliance
As part of obtaining reasonable assurance about whether the financial statements are free of material misstatement, we will perform tests of the District’s compliance with the provisions of applicable laws, regulations, contracts, agreements, and grants. However, the objective of our audit will not be to provide an opinion on overall compliance and we will not express such an opinion in our report on compliance issued pursuant to Government Auditing Standards.
Engagement Administration, Fees, and Other
We understand that your employees will prepare all cash or other confirmations we request and will locate any documents selected by us for testing.
The audit documentation for this engagement is the property of Grau & Associates and constitutes confidential information. However, subject to applicable laws and regulations, audit documentation and appropriate individuals will be made available upon request and in a timely manner to a cognizant or oversight agency or its designee, a federal agency providing direct or indirect funding, or the U.S. Government Accountability Office for purposes of a quality review of the audit, to resolve audit findings, or to carry out oversight responsibilities. We will notify you of any such request. If requested, access to such audit documentation will be provided under the supervision of Grau & Associates personnel. Furthermore, upon request, we may provide copies of selected audit documentation to the aforementioned parties. These parties may intend, or decide, to distribute the copies or information contained therein to others, including other governmental agencies. Notwithstanding the foregoing, the parties acknowledge that various documents reviewed or produced during the conduct of the audit may be public records under Florida law. The District agrees to notify Grau & Associates of any public record request it receives that involves audit documentation.
Furthermore, Grau & Associates agrees to comply with all applicable provisions of Florida law in handling such records, including but not limited to Section 119.0701, Florida Statutes. Auditor acknowledges that the designated public records custodian for the District is the District Manager (“Public Records Custodian”). Among other requirements and to the extent applicable by law, Grau & Associates shall 1) keep and maintain public records required by the District to perform the service; 2) upon request by the Public Records Custodian, provide the District with the requested public records or allow the records to be inspected or copied within a reasonable time period at a cost that does not exceed the cost provided in Chapter 119, Florida Statutes; 3) ensure that public records which 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 the contract term if Auditor does not transfer the records to the Public Records Custodian of the District; and 4) upon completion of the contract, transfer to the District, at no cost, all public records in Grau & Associate’s possession or, alternatively, keep, maintain and meet all applicable requirements for retaining public records pursuant to Florida laws. When such public records are transferred by Grau & Associates, Grau & Associates shall destroy any duplicate public records that are exempt or confidential and exempt from public records disclosure requirements. All records stored electronically must be provided to the District in a format that is compatible with Microsoft Word or Adobe PDF formats.
IF GRAU & ASSOCIATES HAS QUESTIONS REGARDING THE APPLICATION OF CHAPTER 119, FLORIDA STATUTES, TO ITS DUTY TO PROVIDE PUBLIC RECORDS RELATING TO THIS AGREEMENT, CONTACT THE PUBLIC RECORDS CUSTODIAN AT: C/O GOVERNMENTAL MANAGEMENT SERVICES – CENTRAL FLORIDA LLC, 219 EAST LIVINGSTON STREET ORLANDO, FLORIDA 32801, OR RECORDREQUEST@GMSCFL.COM, PH: (407) 841-5524.

Our fee for these services will not exceed $3,500 for the September 30, 2025 audit, unless there is a change in activity by the District which results in additional audit work or if additional Bonds are issued. This agreement is automatically renewed each year thereafter subject to the mutual agreement by both parties to all terms and fees. The fee for each annual renewal will be agreed upon separately.

We will complete the audit within prescribed statutory deadlines, which requires the District to submit its annual audit to the Auditor General no later than nine (9) months after the end of the audited fiscal year, with the understanding that your employees will provide information needed to perform the audit on a timely basis.

The audit documentation for this engagement will be retained for a minimum of five years after the report release date. If we are aware that a federal awarding agency or auditee is contesting an audit finding, we will contact the party(ies) contesting the audit finding for guidance prior to destroying the audit documentation.

Our invoices for these fees will be rendered each month as work progresses and are payable on presentation. Invoices will be submitted in sufficient detail to demonstrate compliance with the terms of this agreement. In accordance with our firm policies, work may be suspended if your account becomes 60 days or more overdue and may not be resumed until your account is paid in full. If we elect to terminate our services for nonpayment, our engagement will be deemed to have been completed upon written notification of termination, even if we have not completed our report. You will be obligated to compensate us for all time expended and to reimburse us for all out-of-pocket costs through the date of termination. The above fee is based on anticipated cooperation from your personnel and the assumption that unexpected circumstances will not be encountered during the audit. If significant additional time is necessary, we will discuss it with you and arrive at a new fee estimate.
The District has the option to terminate this agreement with or without cause by providing thirty (30) days written notice of termination to Grau & Associates. Upon any termination of this agreement, Grau & Associates shall be entitled to payment of all work and/or services rendered up until the effective termination of this agreement, subject to whatever claims or off-sets the District may have against Grau & Associates.

We will provide you with a copy of our most recent external peer review report and any letter of comment, and any subsequent peer review reports and letters of comment received during the period of the contract. Our 2022 peer review report accompanies this letter.

We appreciate the opportunity to be of service to Poinciana West Community Development District and believe this letter accurately summarizes the terms of our engagement and, with any addendum, if applicable, is the complete and exclusive statement of the agreement between Grau & Associates and the District with respect to the terms of the engagement between the parties. If you have any questions, please let us know. If you agree with the terms of our engagement as described in this letter, please sign the enclosed copy and return it to us.
Very truly yours, Grau & Associates

Antonio J. Grau

RESPONSE:
This letter correctly sets forth the understanding of Poinciana West Community Development District.

By: 		 Title: 	Chairperson	
Date:
2026-01-20

Section VII

March 10, 2026

To the Board of Supervisors
Poinciana West Community Development District Polk County, Florida
We have audited the financial statements of Poinciana West Community Development District (“District”) as of and for the fiscal year ended September 30, 2025, and have issued our report thereon dated March 10, 2026. Professional standards require that we advise you of the following matters relating to our audit.
We have also examined the District’s compliance with the requirements of Section 218.415, Florida Statutes, in accordance with Rule 10.556(10) of the Auditor General of the State of Florida during the fiscal year ended September 30, 2025 which was conducted in accordance with attestation standards established by the American Institute of Certified Public Accountants.

Our Responsibility in Relation to the Financial Statement Audit

Our responsibility, as described by professional standards, is to form and express an opinion(s) about whether the financial statements that have been prepared by management with your oversight are presented fairly, in all material respects, in accordance with accounting principles generally accepted in the United States of America. Our audit of the financial statements does not relieve you or management of your respective responsibilities.

Our responsibility, as prescribed by professional standards, is to plan and perform our audit to obtain reasonable, rather than absolute, assurance about whether the financial statements are free of material misstatement. An audit of financial statements includes consideration of internal control over financial reporting as a basis for designing audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity’s internal control over financial reporting. Accordingly, as part of our audit, we considered the internal control of the District solely for the purpose of determining our audit procedures and not to provide any assurance concerning such internal control.

We are also responsible for communicating significant matters related to the audit that are, in our professional judgment, relevant to your responsibilities in overseeing the financial reporting process.

However, we are not required to design procedures for the purpose of identifying other matters to communicate to you.
Any findings regarding significant deficiencies or material weaknesses in internal control over financial reporting, material noncompliance, or other matters noted during our audit, if any, are communicated in separate reports included in the District’s financial report—titled Independent Auditor’s Report on Internal Control Over Financial Reporting and Compliance and Other Matters Based on an Audit of Financial Statements Performed in Accordance with Government Auditing Standards and Management Letter Pursuant to the Rules of the Auditor General of the State of Florida.

Planned Scope and Timing of the Audit
We conducted our audit consistent with the planned scope and timing we previously communicated to you.

Compliance with All Ethics Requirements Regarding Independence

The engagement team, others in our firm, as appropriate, and our firm, have complied with all relevant ethical requirements regarding independence.
With respect to financial statement preparation, the following safeguards are in place:
Management made all decisions and performed all management functions;
A competent individual was assigned to oversee the services;
Management evaluated the adequacy of the services performed;
Management evaluated and accepted responsibility for the result of the service performed; and
Management established and maintained internal controls, including monitoring ongoing activities.
Qualitative Aspects of the Entity’s Significant Accounting Practices
Significant Accounting Policies

Management is responsible for selecting and applying appropriate accounting policies. A summary of the significant accounting policies adopted by the District is included in Note 2 to the financial statements. There were no new accounting policies adopted and no changes in existing significant accounting policies or their application during the fiscal year, other than those described in Note 2, if any. No matters came to our attention that, under professional standards, we are required to inform you about concerning (1) the methods used to account for significant unusual transactions or (2) the effect of significant accounting policies in controversial or emerging areas for which there is a lack of authoritative guidance or consensus.
Significant Accounting Estimates

Accounting estimates are an integral part of the financial statements prepared by management and are based on management’s current judgments. Those judgments normally reflect management’s knowledge and experience about past and current events and assumptions about future events.

Certain accounting estimates, if present, may be particularly sensitive because of their significance to the financial statements and because of the possibility that future events affecting them could differ markedly from management’s current judgments.

In connection with our audit, we considered the reasonableness of the accounting estimates used by management. The most sensitive accounting estimate(s) affecting the financial statements included, as applicable:

Management’s estimate of the useful lives of capital assets.
Management’s estimate of the liability for employee compensated absences.
Management’s estimate of the Net Other Post-Employment Benefits (OPEB) liability.
Management’s estimate of the Net Pension Liability.

If none of the above estimates or other sensitive estimates were applicable in the current year, this section should be read to indicate that no such significant accounting estimates were identified.

We evaluated the key factors and assumptions used by management to develop the estimate(s) and determined that they were reasonable in relation to the financial statements taken as a whole.

Financial Statement Disclosures

Certain financial statement disclosures involve significant judgment and are particularly sensitive because of their significance to financial statement users. The most sensitive disclosures affecting the District’s financial statements included, as applicable:

Long-term liabilities related to bonds payable and debt service requirements.
Litigation, claims, and assessments related to pending legal matters; and
Pension and Other Post-Employment Benefit (OPEB) plan disclosures.
If no such disclosures were identified for the current year, this section should be read to indicate that we did not note any financial statement disclosures involving significant judgment or sensitivity.

Circumstances Affecting the Auditor’s Report

Professional standards require us to communicate any circumstances that affect the form or content of our auditor’s report. If applicable, such circumstances—such as a modification of opinion, an emphasis-of-matter or other-matter paragraph, or a reference to substantial doubt about the District’s ability to continue as a going concern—are described in our auditor’s report included in the District’s financial report. If no such circumstances existed, this section should be read to indicate that our report was unmodified.

Significant Difficulties Encountered during the Audit

We encountered no significant difficulties in dealing with management relating to the performance of the audit.
Corrected Misstatements

Professional standards require us to communicate all material misstatements identified and corrected during the audit. Management has corrected all misstatements that were identified as a result of our audit procedures. Any such audit adjustments, if applicable, are summarized in the accompanying schedule of journal entries. If none were identified, this section should be read to indicate that we did not note any misstatements that were material, individually or in the aggregate, to the financial statements taken as a whole.

Disagreements with Management
For purposes of this letter, professional standards define a disagreement with management as a matter, whether or not resolved to our satisfaction, concerning a financial accounting, reporting, or auditing matter, which could be significant to the Districts’s financial statements or the auditor’s report. No such disagreements arose during the course of the audit.

Representations Requested from Management

Professional standards require that we obtain certain written representations from management as part of our audit. We have received such representations in a letter. A copy of this letter is available for your review upon request.

Management’s Consultations with Other Accountants
In some cases, management may decide to consult with other accountants about auditing and accounting matters. Management informed us that, and to our knowledge, there were no consultations with other accountants regarding auditing and accounting matters.

Other Significant Matters, Findings, or Issues

In the normal course of our professional association with the District, we generally discuss a variety of matters, including the application of accounting principles and auditing standards, significant events or transactions that occurred during the year, operating and regulatory conditions affecting the entity, and operational plans and strategies that may affect the risks of material misstatement. None of the matters discussed resulted in a condition to our retention as the District’s auditors.

As noted previously in this letter, any current-year findings identified during our audit are communicated in our separate reports titled Independent Auditor’s Report on Internal Control Over Financial Reporting and Compliance and Other Matters Based on an Audit of Financial Statements Performed in Accordance with Government Auditing Standards and Management Letter Pursuant to the Rules of the Auditor General of the State of Florida. If no findings were identified, this section should be read to indicate that we did not note any additional significant matters or findings requiring communication to those charged with governance.

This report is intended solely for the information and use of the Board of Supervisors and management of the District and is not intended to be and should not be used by anyone other than these specified parties.

Grau & Associates

POINCIANA WEST COMMUNITY DEVELOPMENT DISTRICT
POLK COUNTY, FLORIDA FINANCIAL REPORT
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2025

POINCIANA WEST COMMUNITY DEVELOPMENT DISTRICT POLK COUNTY, FLORIDA

TABLE OF CONTENTS

	  Page		
INDEPENDENT AUDITOR’S REPORT	1-2	
MANAGEMENT’S DISCUSSION AND ANALYSIS	3-6	
BASIC FINANCIAL STATEMENTS		
Government-Wide Financial Statements:		
Statement of Net Position	7	
Statement of Activities	8	
Fund Financial Statements:		
Balance Sheet – Governmental Funds	9	
Reconciliation of the Balance Sheet – Governmental Funds		
to the Statement of Net Position	10	
Statement of Revenues, Expenditures and Changes in Fund Balances –
Governmental Funds	
11	
Reconciliation of the Statement of Revenues, Expenditures and Changes in
Fund Balances of Governmental Funds to the Statement of Activities	
12	
Notes to Financial Statements	13-21	
REQUIRED SUPPLEMENTARY INFORMATION		
Schedule of Revenues, Expenditures and Changes in Fund Balance –
Budget and Actual – General Fund	
22	
Notes to Required Supplementary Information	23	
OTHER INFORMATION		
Data Elements required by FL Statute 218.39 (3) (c)	24	
INDEPENDENT AUDITOR’S REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING AND ON COMPLIANCE AND OTHER MATTERS BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS	

25-26	
INDEPENDENT AUDITOR’S REPORT ON COMPLIANCE WITH THE REQUIREMENTS OF SECTION 218.415, FLORIDA STATUTES, REQUIRED BY RULE 10.556(10)
OF THE AUDITOR GENERAL OF THE STATE OF FLORIDA	

27	
MANAGEMENT LETTER REQUIRED BY CHAPTER 10.550 OF THE RULES OF THE AUDITOR GENERAL OF THE STATE OF FLORIDA	
28-29	

INDEPENDENT AUDITOR’S REPORT

To the Board of Supervisors
Poinciana West Community Development District Polk County, Florida

Report on the Audit of the Financial Statements
Opinions
We have audited the accompanying financial statements of the governmental activities and each major fund of Poinciana West Community Development District, Polk County, Florida (“District”) as of and for the fiscal year ended September 30, 2025, and the related notes to the financial statements, which collectively comprise the District’s basic financial statements as listed in the table of contents.
In our opinion, the financial statements referred to above present fairly, in all material respects, the respective financial position of the governmental activities and each major fund of the District as of September 30, 2025, and the respective changes in financial position thereof for the fiscal year then ended in accordance with accounting principles generally accepted in the United States of America.
Basis for Opinions
We conducted our audit in accordance with auditing standards generally accepted in the United States of America (GAAS) and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States. Our responsibilities under those standards are further described in the Auditor’s Responsibilities for the Audit of the Financial Statements section of our report. We are required to be independent of the District and to meet our other ethical responsibilities, in accordance with the relevant ethical requirements relating to our audit. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinions.
Responsibilities of Management for the Financial Statements
The District’s management is responsible for the preparation and fair presentation of the financial statements in accordance with accounting principles generally accepted in the United States of America; and for the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, management is required to evaluate 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 twelve months beyond the financial statement date, including any currently known information that may raise substantial doubt shortly thereafter.
Auditor’s Responsibilities for the Audit of the Financial Statements
Our objectives 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 opinions. 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 GAAS will always detect a material misstatement when it exists. 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 internal control. Misstatements 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.

In performing an audit in accordance with GAAS, we:
Exercise professional judgment and maintain professional skepticism throughout the audit.
Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, and design and perform audit procedures responsive to those risks. Such procedures include examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements.
Obtain an understanding of internal control relevant to the audit 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. Accordingly, no such opinion is expressed.
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.
Conclude whether, in our judgment, 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 a reasonable period of time.
We are required to communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit, significant audit findings, and certain internal control–related matters that we identified during the audit.
Required Supplementary Information
Accounting principles generally accepted in the United States of America require that the management’s discussion and analysis and budgetary comparison information be presented to supplement the basic financial statements. Such information is the responsibility of management and, although not a part of the basic financial statements, is required by the Governmental Accounting Standards Board, who considers it to be an essential part of financial reporting for placing the basic financial statements in an appropriate operational, economic, or historical context. We have applied certain limited procedures to the required supplementary information in accordance with auditing standards generally accepted in the United States of America, which consisted of inquiries of management about the methods of preparing the information and comparing the information for consistency with management’s responses to our inquiries, the basic financial statements, and other knowledge we obtained during our audit of the basic financial statements. We do not express an opinion or provide any assurance on the information because the limited procedures do not provide us with sufficient evidence to express an opinion or provide any assurance.
Other Information Included in the Financial Report
Management is responsible for the other information included in the financial report. The other information comprises the information for compliance with FL Statute 218.39 (3) (c) but does not include the financial statements and our auditor's report thereon. Our opinions on the financial statements do not cover the other information, and we do not express an opinion or any form of assurance thereon. In connection with our audit of the financial statements, our responsibility is to read the other information and consider whether a material inconsistency exists between the other information and the financial statements, or the other information otherwise appears to be materially misstated. If, based on the work performed, we conclude that an uncorrected material misstatement of the other information exists, we are required to describe it in our report.
Other Reporting Required by Government Auditing Standards
In accordance with Government Auditing Standards, we have also issued our report dated March 10, 2026, on our consideration of the District’s internal control over financial reporting and on our tests of its compliance with certain provisions of laws, regulations, contracts, grant agreements and other matters. The purpose of that report is solely to describe the scope of our testing of internal control over financial reporting and compliance and the results of that testing, and not to provide an opinion on the effectiveness of the District’s internal control over financial reporting or on compliance. That report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the District’s internal control over financial reporting and compliance.

March 10, 2026

MANAGEMENT’S DISCUSSION AND ANALYSIS

Our discussion and analysis of Poinciana West Community Development District, Polk County, Florida (“District”) provides a narrative overview of the District’s financial activities for the fiscal year ended September 30, 2025. Please read it in conjunction with the District’s Independent Auditor’s Report, basic financial statements, accompanying notes and supplementary information to the basic financial statements.

FINANCIAL HIGHLIGHTS

The assets plus deferred outflows of resources of the District exceeded its liabilities at the close of the most recent fiscal year resulting in a net position balance of $4,505,714.

The change in the District’s total net position in comparison with the prior fiscal year was $293,197, an increase. The key components of the District’s net position and change in net position are reflected in the table in the government-wide financial analysis section.

At September 30, 2025, the District’s governmental funds reported combined ending fund balances of
$1,646,244, a decrease of ($10,441) in comparison with the prior fiscal year. The total fund balance is restricted for debt service, assigned for subsequent year’s expenditures, and the remainder is unassigned fund balance which is available for spending at the District’s discretion.
OVERVIEW OF FINANCIAL STATEMENTS

This discussion and analysis are intended to serve as the introduction to the District’s basic financial statements. The District’s basic financial statements are comprised of three components: 1) government-wide financial statements, 2) fund financial statements, and 3) notes to the financial statements. This report also contains other supplementary information in addition to the basic financial statements themselves.

Government-Wide Financial Statements

The government-wide financial statements are designed to provide readers with a broad overview of the District’s finances, in a manner similar to a private-sector business.
The statement of net position presents information on all the District’s assets, deferred outflows of resources, liabilities, and deferred inflows of resources with the residual amount being reported as net position. Over time, increases or decreases in net position may serve as a useful indicator of whether the financial position of the District is improving or deteriorating.

The statement of activities presents information showing how the government’s net position changed during the most recent fiscal year. All changes in net position are reported as soon as the underlying event giving rise to the change occurs, regardless of the timing of related cash flows. Thus, revenues and expenses are reported in this statement for some items that will only result in cash flows in future fiscal periods.

The government-wide financial statements include all governmental activities that are principally supported by assessments. The District does not have any business-type activities. The governmental activities of the District include the general government (management) and maintenance functions.

Fund Financial Statements
A fund is a grouping of related accounts that is used to maintain control over resources that have been segregated for specific activities or objectives. The District, like other state and local governments, uses fund accounting to ensure and demonstrate compliance with finance-related legal requirements. The District has one fund category: governmental funds.

OVERVIEW OF FINANCIAL STATEMENTS (Continued)

Governmental Funds
Governmental funds are used to account for essentially the same functions reported as governmental activities in the government-wide financial statements. However, unlike the government-wide financial statements, governmental fund financial statements focus on near-term inflows and outflows of spendable resources, as well as on balances of spendable resources available at the end of the fiscal year. Such information may be useful in evaluating a District’s near-term financing requirements.

Because the focus of governmental funds is narrower than that of the government-wide financial statements, it is useful to compare the information presented for governmental funds with similar information presented for governmental activities in the government-wide financial statements. By doing so, readers may better understand the long-term impact of the District’s near-term financing decisions. Both the governmental fund balance sheet and the governmental fund statement of revenues, expenditures, and changes in fund balances provide a reconciliation to facilitate this comparison between governmental funds and governmental activities.

The District maintains two governmental funds for external reporting. Information is presented separately in the governmental fund balance sheet and the governmental fund statement of revenues, expenditures, and changes in fund balances for the general fund and debt service fund, both of which are considered major funds.

The District adopts an annual appropriated budget for its general fund. A budgetary comparison schedule has been provided for the general fund to demonstrate compliance with the budget.

Notes to the Financial Statements
The notes provide additional information that is essential to a full understanding of the data provided in the government-wide and fund financial statements.
GOVERNMENT-WIDE FINANCIAL ANALYSIS

As noted earlier, net position may serve over time as a useful indicator of an entity’s financial position. In the case of the District, assets plus deferred outflows of resources exceeded liabilities at the close of the fiscal year.

Key components of the District’s net position are reflected in the following table:
NET POSITION SEPTEMBER 30,

	2025	2024	
Current and other assets	$	1,684,655	$	1,679,264	
Capital assets, net of depreciation	11,495,174	11,856,409	
Prepaid bond Insurance	192,504	209,286	
Total assets	13,372,333	13,744,959	
Deferred outflows of resources	253,751	265,279	
Current liabilities	203,794	199,725	
Long-term liabilities	8,916,576	9,597,996	
Total liabilities	9,120,370	9,797,721	
Net position			
Net investment in capital assets	2,832,349	2,523,692	
Restricted	686,115	694,411	
Unrestricted	987,250	994,414	
Total net position	$	4,505,714	$	4,212,517	

GOVERNMENT-WIDE FINANCIAL ANALYSIS (Continued)

The District’s net position reflects its investment in capital assets (e.g. land, land improvements, and infrastructure) less any related debt used to acquire those assets that is still outstanding. These assets are used to provide services to residents; consequently, these assets are not available for future spending. Although the District’s investment in capital assets is reported net of related debt, it should be noted that the resources needed to repay this debt must be provided from other sources, since the capital assets themselves cannot be used to liquidate these liabilities.

The restricted portion of the District’s net position represents resources that are subject to external restrictions on how they may be used. The remaining balance of unrestricted net position may be used to meet the District’s other obligations.

The District’s net position increased during the most recent fiscal year. The majority of the increase represents the extent to which ongoing program revenues exceeded the cost of operations and depreciation expense.
Key elements of the change in net position are reflected in the following table:

CHANGES IN NET POSITION
FOR THE FISCAL YEAR ENDED SEPTEMBER 30,
2025	2024

Revenues:
Program revenues
Charges for services	$	1,356,453	$	1,346,495	
Operating grants and contributions	31,754	38,453	
General revenues			
Unrestricted investment earnings	33,404	37,900	
Miscellaneous	3,735	1,889	
Total revenues	1,425,346	1,424,737	
Expenses:			
General government	126,515	107,390	
Maintenance and operations	555,707	531,133	
Interest	449,927	474,108	
Total expenses	1,132,149	1,112,631	
Change in net position	293,197	312,106	
Net position - beginning	4,212,517	3,900,411	
Net position - ending	$	4,505,714	$	4,212,517	

As noted above and in the statement of activities, the cost of all governmental activities during the fiscal year ended September 30, 2025, was $1,132,149. The costs of the District’s activities were partially funded by program revenues. Program revenues were comprised primarily of assessments. The District also earns interest income, of which the unrestricted portion is classified as general revenues and the portion restricted for debt service is classified as program revenues.

GENERAL BUDGETING HIGHLIGHTS

An operating budget was adopted and maintained by the governing board for the District pursuant to the requirements of Florida Statutes. The budget is adopted using the same basis of accounting that is used in preparation of the fund financial statements. The legal level of budgetary control, the level at which expenditures may not exceed budget, is in the aggregate. Any budget amendments that increase the aggregate budgeted appropriations must be approved by the Board of Supervisors. Actual general fund expenditures did not exceed appropriations for the fiscal year ended September 30, 2025.

CAPITAL ASSETS AND DEBT ADMINISTRATION

Capital Assets
At September 30, 2025, the District had $17,092,165 invested in capital assets for its governmental activities. In the government-wide financial statements depreciation of $5,596,991 has been taken, which resulted in a net book value of $11,495,174. More detailed information about the District’s capital assets is presented in the notes of the financial statements.

Capital Debt
At September 30, 2025, the District had $9,015,000 Bonds outstanding for its governmental activities. More detailed information about the District’s capital debt is presented in the notes of the financial statements.

ECONOMIC FACTORS AND NEXT YEAR’S BUDGETS AND OTHER EVENTS
The District does not anticipate any major projects or significant changes to its infrastructure maintenance program for the subsequent fiscal year. In addition, it is anticipated that the general operations of the District will remain fairly constant.

CONTACTING THE DISTRICT’S FINANCIAL MANAGEMENT
This financial report is designed to provide our citizens, land owners, customers, investors and creditors with a general overview of the District’s finances and to demonstrate the District’s accountability for the financial resources it manages and the stewardship of the facilities it maintains. If you have questions about this report or need additional financial information, contact Poinciana West Community Development District’s Finance Department at 219 E. Livingston St., Orlando Florida, 32801.

POINCIANA WEST COMMUNITY DEVELOPMENT DISTRICT POLK COUNTY, FLORIDA
STATEMENT OF NET POSITION SEPTEMBER 30, 2025

	Governmental
	Activities		
ASSETS		
Cash	$	766,063	
Investments	66,732	
Accounts receivable	362	
Prepaid bond insurance	192,504	
Restricted assets:		
Investments	851,498	
Capital assets:		
Nondepreciable	6,645,273	
Depreciable, net		4,849,901 	
Total assets		13,372,333 	
DEFERRED OUTFLOWS OF RESOURCES		
Deferred charge on refunding (debit)		253,751 	
Total deferred outflows of resources		253,751 	
LIABILITIES		
Accounts payable	38,411	
Accrued interest payable	165,383	
Non-current liabilities:		
Due within one year	590,000	
Due in more than one year		8,326,576 	
Total liabilities		9,120,370 	
NET POSITION		
Net investment in capital assets	2,832,349	
Restricted for debt service	686,115	
Unrestricted		987,250 	
Total net position	 $	4,505,714 	

See notes to the financial statements
49 of 157

POINCIANA WEST COMMUNITY DEVELOPMENT DISTRICT POLK COUNTY, FLORIDA
STATEMENT OF ACTIVITIES
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2025

Net (Expense) Revenue and Changes in Net
		Program Revenues	Position  Charges  Operating Grants
for	and	Governmental
Functions/Programs		Expenses	Services	Contributions	Activities	 Primary government:
Governmental activities:
General government	$	126,515	$	126,515	$	-	$	-	
Maintenance and operations	555,707	166,951	-	(388,756)	
Interest on long-term debt		449,927	1,062,987	31,754	644,814 
Total governmental activities		1,132,149	1,356,453	31,754	256,058 

General revenues:
Unrestricted investment earnings	33,404	
Miscellaneous		3,735 	
Total general revenues		37,139 	
Change in net position	293,197	
Net position - beginning		4,212,517 	
Net position - ending	 $	4,505,714 	

See notes to the financial statements

POINCIANA WEST COMMUNITY DEVELOPMENT DISTRICT POLK COUNTY, FLORIDA
BALANCE SHEET GOVERNMENTAL FUNDS SEPTEMBER 30, 2025

	Major Funds	
Total Governmental
General
Debt Service
Funds
ASSETS			
Cash	$	766,063	$	-	$	766,063	
Investments	66,732	851,498	918,230	
Accounts receivable	362	-	362	
Total assets	 $	833,157	$	851,498	$  1,684,655 

LIABILITIES AND FUND BALANCES
Liabilities:
Accounts payable	$	38,411	$	-	$	38,411		
Total liabilities	38,411	-	38,411		

Fund balances: Restricted for:
Debt service	

-	

851,498	

851,498	
Assigned for:
Subsequent year's expenditures	
61,123	
-	
61,123	
Unassigned	733,623	-	733,623	
Total fund balances	794,746	851,498	1,646,244	

Total liabilities and fund balances	
$	833,157	
$	851,498	
$  1,684,655	

POINCIANA WEST COMMUNITY DEVELOPMENT DISTRICT POLK COUNTY, FLORIDA
RECONCILIATION OF THE BALANCE SHEET - GOVERNMENTAL FUNDS TO THE STATEMENT OF NET POSITION
SEPTEMBER 30, 2025

Fund balance - governmental funds
Amounts reported for governmental activities in the statement of net position are different because:
Capital assets used in governmental activities are not financial resources and, therefore, are not reported as assets in the governmental funds. The statement of net position includes those capital assets in the net position of the government as a whole.
$	1,646,244
Cost of capital assets	17,092,165		
Accumulated depreciation		(5,596,991) 	11,495,174	
Deferred charges on refunding of long-term debt are shown as deferred outflows/inflows of resources in the government-wide financial statements; however, this amount is expensed in the governmental fund financial statements.		

253,751	
Prepaid bond insurance is recognized as an asset in the government-wide financial statements; however, this amount is expensed in the governmental fund financial statements.		

192,504	
Liabilities not due and payable from current available resources are  not  reported  as  liabilities  in the  governmental fund			
statements.	All liabilities, both current and long-term, reported in the government-wide financial statements.
Accrued interest payable	are	

(165,383)	
Bonds payable			(8,916,576)	(9,081,959) 	
Net position of governmental activities		 $	4,505,714 	

POINCIANA WEST COMMUNITY DEVELOPMENT DISTRICT POLK COUNTY, FLORIDA
STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES GOVERNMENTAL FUNDS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2025

		Major Funds			Total				
					Governmental		
		General	Debt Service		Funds		
REVENUES							
Assessments	$	293,466	$	1,062,987	$	1,356,453	
Miscellaneous revenue		3,735		-		3,735	
Interest		33,404		31,754		65,158	
Total revenues		330,605		1,094,741		1,425,346	
EXPENDITURES
Current:							
General government		126,515		-		126,515	
Maintenance and operations		194,472		-		194,472	
Debt service:							
Principal		-		690,000		690,000	
Interest		-		424,800		424,800	
Total expenditures		320,987		1,114,800		1,435,787	

Excess (deficiency) of revenues							
over (under) expenditures		9,618		(20,059)		(10,441)	
Fund balances - beginning		785,128		871,557		1,656,685	

Fund balances - ending	
$	
794,746	
$	
851,498	
$	
1,646,244	

POINCIANA WEST COMMUNITY DEVELOPMENT DISTRICT POLK COUNTY, FLORIDA
RECONCILIATION OF THE STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES OF GOVERNMENTAL FUNDS TO THE STATEMENT OF ACTIVITIES
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2025

Net change in fund balances - total governmental funds Amounts reported for governmental activities in the statement
$	(10,441)

POINCIANA WEST COMMUNITY DEVELOPMENT DISTRICT POLK COUNTY, FLORIDA
NOTES TO FINANCIAL STATEMENTS

NOTE 1 – NATURE OF ORGANIZATION AND REPORTING ENTITY

Poinciana West Community Development District ("District") was created on October 6, 2006, by Ordinance 2006-052, as amended by Ordinance No. 2007-043 and 2016-043 enacted on August 15, 2007, and June 21, 2016, respectively, of the Board of Commissioners of Polk County, Florida, pursuant to the Uniform Community Development District Act of 1980, otherwise known as Chapter 190, Florida Statutes. The Act provides among other things, the power to manage basic services for community development, power to borrow money and issue bonds, and to levy and assess non-ad valorem assessments for the financing and delivery of capital infrastructure.
The District was established for the purposes of financing and managing the acquisition, construction, maintenance and operation of a portion of the infrastructure necessary for community development within the District.

The District is governed by the Board of Supervisors ("Board"), which is composed of five members. The Supervisors are elected on an at-large basis by the owners of the property within the District. The Board of Supervisors of the District exercise all powers granted to the District pursuant to Chapter 190, Florida Statutes.

The Board has the responsibility for:
Allocating and levying assessments.
Approving budgets.
Exercising control over facilities and properties.
Controlling the use of funds generated by the District.
Approving the hiring and firing of key personnel.
Financing improvements.

The financial statements were prepared in accordance with Governmental Accounting Standards Board (“GASB”) Statements. Under the provisions of those standards, the financial reporting entity consists of the primary government, organizations for which the District Board of Supervisors is considered to be financially accountable, and other organizations for which the nature and significance of their relationship with the District are such that, if excluded, the financial statements of the District would be considered incomplete or misleading. There are no entities considered to be component units of the District; therefore, the financial statements include only the operations of the District.
NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Government-Wide and Fund Financial Statements
The basic financial statements include both government-wide and fund financial statements.
The government-wide financial statements (i.e., the statement of net position and the statement of activities) report information on all of the non-fiduciary activities of the primary government. For the most part, the effect of interfund activity has been removed from these statements.
The statement of activities demonstrates the degree to which the direct expenses of a given function or segment is offset by program revenues. Direct expenses are those that are clearly identifiable with a specific function or segment. Program revenues include 1) charges to customers who purchase, use or directly benefit from goods, services or privileges provided by a given function or segment. Operating-type special assessments for maintenance and debt service are treated as charges for services; and 2) grants and contributions that are restricted to meeting the operational or capital requirements of a particular function or segment. Other items not included among program revenues are reported instead as general revenues.

NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)

Measurement Focus, Basis of Accounting and Financial Statement Presentation
The government-wide financial statements are reported using the economic resources measurement focus and the accrual basis of accounting. Revenues are recorded when earned and expenses are recorded when a liability is incurred, regardless of the timing of related cash flows. Assessments are recognized as revenues in the year for which they are levied. Grants and similar items are to be recognized as revenue as soon as all eligibility requirements imposed by the provider have been met.

Governmental fund financial statements are reported using the current financial resources measurement focus and the modified accrual basis of accounting. Revenues are recognized as soon as they are both measurable and available. Revenues are considered to be available when they are collectible within the current period or soon enough thereafter to pay liabilities of the current period. For this purpose, the government considers revenues to be available if they are collected within 60 days of the end of the current fiscal period. Expenditures are recorded when a liability is incurred, as under accrual accounting. However, debt service expenditures are recorded only when payment is due.

Assessments
Assessments are non-ad valorem assessments on benefited property within the District. Operating and maintenance assessments are based upon the adopted budget and levied annually at a public hearing of the District. Debt service assessments are levied when Bonds are issued and assessed and collected on an annual basis. The District may collect assessments directly or utilize the uniform method of collection under Florida Statutes. Direct collected assessments are due as determined by annual assessment resolution adopted by the Board of Supervisors. Assessments collected under the uniform method are mailed by the County Tax Collector on November 1 and due on or before March 31 of each year. Property owners may prepay a portion or all of the debt service assessments on their property subject to various provisions in the Bond documents.

Assessments and interest associated with the current fiscal period are considered to be susceptible to accrual and so have been recognized as revenues of the current fiscal period. The portion of assessments receivable due within the current fiscal period is considered to be susceptible to accrual as revenue of the current period.

The District reports the following major governmental funds:

General Fund
The general fund is the general operating fund of the District. It is used to account for all financial resources except those required to be accounted for in another fund.
Debt Service Fund
The debt service fund is used to account for the accumulation of resources for the annual payment of principal and interest on long-term debt.
As a general rule, the effect of interfund activity has been eliminated from the government-wide financial statements.

When both restricted and unrestricted resources are available for use, it is the government’s policy to use restricted resources first for qualifying expenditures, then unrestricted resources as they are needed.
Assets, Liabilities and Net Position or Equity

Restricted Assets
These assets represent cash and investments set aside pursuant to Bond covenants or other contractual restrictions.

NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)

Assets, Liabilities and Net Position or Equity (Continued)

Deposits and Investments
The District’s cash and cash equivalents are considered to be cash on hand and demand deposits (interest and non-interest bearing).
The District has elected to proceed under the Alternative Investment Guidelines as set forth in Section 218.415
(17) Florida Statutes. The District may invest any surplus public funds in the following:

The Local Government Surplus Trust Funds, or any intergovernmental investment pool authorized pursuant to the Florida Interlocal Cooperation Act;
Securities and Exchange Commission registered money market funds with the highest credit quality rating from a nationally recognized rating agency;
Interest bearing time deposits or savings accounts in qualified public depositories;
Direct obligations of the U.S. Treasury.
The State Board of Administration’s (“SBA”) Local Government Surplus Funds Trust Fund (“Florida PRIME”) is a “2a-7 like” pool. A “2a-7 like” pool is an external investment pool that is not registered with the Securities and Exchange Commission (“SEC”) as an investment company, but nevertheless has a policy that it will, and does, operate in a manner consistent with the SEC’s Rule 2a-7 of the Investment Company Act of 1940, which comprises the rules governing money market funds. Thus, the pool operates essentially as a money market fund. The District has reported its investment in Florida PRIME at amortized cost for financial reporting purposes.

Securities listed in paragraph c and d shall be invested to provide sufficient liquidity to pay obligations as they come due. In addition, surplus funds may be deposited into certificates of deposit which are insured and any unspent Bond proceeds are required to be held in investments as specified in the Bond Indenture.

The District records all interest revenue related to investment activities in the respective funds. Investments are measured at amortized cost or reported at fair value as required by generally accepted accounting principles.

Prepaid Items
Certain payments to vendors reflect costs applicable to future accounting periods and are recorded as prepaid items in both government-wide and fund financial statements.
Capital Assets
Capital assets which include property, plant and equipment, and infrastructure assets (e.g., roads, sidewalks and similar items) are reported in the government activities columns in the government-wide financial statements. Capital assets are defined by the government as assets with an initial, individual cost of more than $5,000 (amount not rounded) and an estimated useful life in excess of two years. Such assets are recorded at historical cost or estimated historical cost if purchased or constructed. Donated capital assets are recorded at acquisition value at the date of donation.

The costs of normal maintenance and repairs that do not add to the value of the asset or materially extend assets lives are not capitalized. Major outlays for capital assets and improvements are capitalized as projects are constructed.
Property, plant and equipment of the District are depreciated using the straight-line method over the following estimated useful lives:
Asset	Life
Infrastructure - stormwater system	30
Infrastructure - reuse facilities	20
In the governmental fund financial statements, amounts incurred for the acquisition of capital assets are reported as fund expenditures. Depreciation expense is not reported in the governmental fund financial statements.
Unearned Revenue
Governmental funds report unearned revenue in connection with resources that have been received, but not yet earned.
NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
Assets, Liabilities and Net Position or Equity (Continued)

Long-Term Obligations
In the government-wide financial statements long-term debt and other long-term obligations are reported as liabilities in the statement of net position. Bond premiums and discounts are deferred and amortized over the life of the Bonds. Bonds payable are reported net of applicable premiums or discounts. Bond issuance costs are expensed when incurred.

In the fund financial statements, governmental fund types recognize premiums and discounts, as well as issuance costs, during the current period. The face amount of debt issued is reported as other financing sources. Premiums received on debt issuances are reported as other financing sources while discounts on debt issuances are reported as other financing uses. Issuance costs, whether or not withheld from the actual debt proceeds received, are reported as debt service expenditures.

Deferred Outflows/Inflows of Resources
In addition to assets, the statement of financial position will sometimes report a separate section for deferred outflows of resources. This separate financial statement element, deferred outflows of resources, represents a consumption of net position that applies to a future period(s) and so will not be recognized as an outflow of resources (expense/expenditure) until then.
In addition to liabilities, the statement of financial position will sometimes report a separate section for deferred inflows of resources. This separate financial statement element, deferred inflows of resources, represents an acquisition of net position that applies to a future period(s) and so will not be recognized as an inflow of resources (revenue) until that time.

Fund Equity/Net Position
In the fund financial statements, governmental funds report non spendable and restricted fund balance for amounts that are not available for appropriation or are legally restricted by outside parties for use for a specific purpose. Assignments of fund balance represent tentative management plans that are subject to change.
The District can establish limitations on the use of fund balance as follows:

Committed fund balance – Amounts that can be used only for the specific purposes determined by a formal action (resolution) of the Board of Supervisors. Commitments may be changed or lifted only by the Board of Supervisors taking the same formal action (resolution) that imposed the constraint originally. Resources accumulated pursuant to stabilization arrangements sometimes are reported in this category.
Assigned fund balance – Includes spendable fund balance amounts established by the Board of Supervisors that are intended to be used for specific purposes that are neither considered restricted nor committed. The Board may also assign fund balance as it does when appropriating fund balance to cover differences in estimated revenue and appropriations in the subsequent year’s appropriated budget. Assignments are generally temporary and normally the same formal action need not be taken to remove the assignment.

The District first uses committed fund balance, followed by assigned fund balance and then unassigned fund balance when expenditures are incurred for purposes for which amounts in any of the unrestricted fund balance classifications could be used.
Net position is the difference between assets and deferred outflows of resources less liabilities and deferred inflows of resources. Net position in the government-wide financial statements are categorized as net investment in capital assets, restricted or unrestricted. Net investment in capital assets represents net position related to infrastructure and property, plant and equipment. Restricted net position represents the assets restricted by the District’s Bond covenants or other contractual restrictions. Unrestricted net position consists of the net position not meeting the definition of either of the other two components.

NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)

Other Disclosures

Use of Estimates
The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, and disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenditures during the reporting period. Actual results could differ from those estimates.

NOTE 3 – BUDGETARY INFORMATION

The District is required to establish a budgetary system and an approved Annual Budget. Annual Budgets are adopted on a basis consistent with generally accepted accounting principles for all governmental funds. All annual appropriations lapse at fiscal year-end.

The District follows these procedures in establishing the budgetary data reflected in the financial statements.

Each year the District Manager submits to the District Board a proposed operating budget for the fiscal year commencing the following October 1.
Public hearing(s) are conducted to obtain comments.
Prior to October 1, the budget is legally adopted by the District Board.
All budget changes must be approved by the District Board, unless otherwise delegated by the District Board.
The budgets are adopted on a basis consistent with generally accepted accounting principles.
Unused appropriation for annually budgeted funds lapse at the end of the year.
NOTE 4 – DEPOSITS AND INVESTMENTS

Deposits
The District’s cash balances including certificates of deposit as shown below were entirely covered by federal depository insurance or by a collateral pool pledged to the State Treasurer. Florida Statutes Chapter 280, "Florida Security for Public Deposits Act", requires all qualified depositories to deposit with the Treasurer or another banking institution eligible collateral equal to various percentages of the average daily balance for each month of all public deposits in excess of any applicable deposit insurance held. The percentage of eligible collateral (generally, U.S. Governmental and agency securities, state or local government debt, or corporate bonds) to public deposits is dependent upon the depository's financial history and its compliance with Chapter
280. In the event of a failure of a qualified public depository, the remaining public depositories would be responsible for covering any resulting losses.
Investments
The District’s investments were held as follows at September 30, 2025:

Investment	Amortized Cost	Credit Risk	Maturities

U.S. Bank Commercial Paper	$	851,498	N/A	N/A
Weighted average of the fund
Florida PRIME		66,732 	S&P AAAm	portfolio: 47 days
Total Investments	 $	918,230 

Credit risk – For investments, credit risk is generally the risk that an issuer of an investment will not fulfill its obligation to the holder of the investment. This is measured by the assignment of a rating by a nationally recognized statistical rating organization. Investment ratings by investment type are included in the preceding summary of investments.

Concentration risk – The District places no limit on the amount the District may invest in any one issuer.

NOTE 4 – DEPOSITS AND INVESTMENTS (Continued)

Investments (Continued)
Interest rate risk – The District does not have a formal policy that limits investment maturities as a means of managing exposure to fair value losses arising from increasing interest rates.
However, the Bond Indenture limits the type of investments held using unspent proceeds.

Fair Value Measurement – When applicable, the District measures and records its investments using fair value measurement guidelines established in accordance with GASB Statements. The framework for measuring fair value provides a fair value hierarchy that prioritizes the inputs to valuation techniques.
These guidelines recognize a three-tiered fair value hierarchy, in order of highest priority, as follows:
Level 1: Investments whose values are based on unadjusted quoted prices for identical investments in active markets that the District has the ability to access;
Level 2: Investments whose inputs - other than quoted market prices - are observable either directly or indirectly; and,
Level 3: Investments whose inputs are unobservable.
The fair value measurement level within the fair value hierarchy is based on the lowest level of any input that is significant to the entire fair value measurement. Valuation techniques used should maximize the use of observable inputs and minimize the use of unobservable inputs.
Money market investments that have a maturity at the time of purchase of one year or less and are held by governments other than external investment pools should be measured at amortized cost. For external investment pools that qualify to be measured at amortized cost, the pool’s participants should also measure their investments in that external investment pool at amortized cost for financial reporting purposes. Accordingly, the District’s investments have been reported at amortized cost above.

External Investment Pool – With regard to redemption gates, Chapter 218.409(8)(a), Florida Statutes, states that “The principal, and any part thereof, of each account constituting the trust fund is subject to payment at any time from the moneys in the trust fund. However, the Executive Director may, in good faith, on the occurrence of an event that has a material impact on liquidity or operations of the trust fund, for 48 hours limit contributions to or withdrawals from the trust fund to ensure that the Board can invest moneys entrusted to it in exercising its fiduciary responsibility. Such action must be immediately disclosed to all participants, the Trustees, the Joint Legislative Auditing Committee, the Investment Advisory Council, and the Participant Local Government Advisory Council. The Trustees shall convene an emergency meeting as soon as practicable from the time the Executive Director has instituted such measures and review the necessity of those measures. If the Trustees are unable to convene an emergency meeting before the expiration of the 48-hour moratorium on contributions and withdrawals, the moratorium may be extended by the Executive Director until the Trustees are able to meet to review the necessity for the moratorium. If the Trustees agree with such measures, the Trustees shall vote to continue the measures for up to an additional 15 days. The Trustees must convene and vote to continue any such measures before the expiration of the time limit set, but in no case may the time limit set by the Trustees exceed 15 days.” With regard to liquidity fees, Florida Statute 218.409(4) provides authority for the SBA to impose penalties for early withdrawal, subject to disclosure in the enrollment materials of the amount and purpose of such fees. At present, no such disclosure has been made.

As of September 30, 2025, there were no redemption fees or maximum transaction amounts, or any other requirements that serve to limit a participant’s daily access to 100% of their account value.

NOTE 5 – CAPITAL ASSETS

Capital asset activity for the fiscal year ended September 30, 2025, was as follows:

Beginning Balance

Additions	Reductions
Ending Balance
Governmental activities
Capital assets, not being depreciated					
Land and improvements	$	6,645,273	$	-	$	-	$	6,645,273	
Total capital assets, not being depreciated	6,645,273	-	-	6,645,273	

Capital assets, being depreciated Infrastructure - stormwater system	

9,720,091	

-	

-	

9,720,091	
Infrastructure - reuse facilities	726,801	-	-	726,801	
Total capital assets, being depreciated	10,446,892	-	-	10,446,892	

Less accumulated depreciation for: Infrastructure - stormwater system	

4,817,846	

324,895	

-	

5,142,741	
Infrastructure - reuse facilities	417,910	36,340	-	454,250	
Total accumulated depreciation	5,235,756	361,235	-	5,596,991		

Total capital assets, being depreciated, net	
5,211,136	
(361,235)	
-	4,849,901		

Governmental activities capital assets	
$ 11,856,409	
$	(361,235)	
$	-	$ 11,495,174		

Depreciation expense was charged to the maintenance and operations function.
NOTE 6 – LONG-TERM LIABILITIES

Series 2017A-1 & Series 2017A-2
On February 1, 2017, the District issued $11,215,000 of Senior Special Assessment Refunding Bonds Series 2017A-1, and $2,945,000 of Senior Special Assessment Refunding Bonds Series 2017A-2. The Bonds are comprised of term Bonds with due dates from May 1, 2032 to May 1, 2037 and fixed interest rates from 4.125% to 5.7%. The Bonds were issued to refund a portion of the District’s outstanding Capital Improvements Revenue Bonds, Series 2007 (the “Refunded Bonds”), acquire and construct certain assessable improvements (the “Project”), and pay certain costs associated with the issuance of the Bonds. Interest is to be paid semiannually on each May 1 and November 1. Principal on the Bonds is to be paid serially commencing May 1, 2017, through May 1, 2037.
The Series 2017A-1 and Series 2017A-2 Bonds are subject to redemption at the option of the District prior to maturity. The Series 2017-1 and Series 2017-2 Bonds are subject to extraordinary mandatory redemption prior to maturity in the manner determined by the Bond Registrar if certain events occurred as outlined in the Bond Indenture. For the series 2017A-1 & 2017A-2 Bonds, this occurred during the current fiscal year as the District prepaid $25,000 of the Series 2017A-1 Bonds, and $90,000 of the Series 2017A-2 Bonds. In addition, see Note – 10 Subsequent Events for extraordinary redemption amounts subsequent to fiscal year end.

The Bond Indenture established a debt service reserve requirement as well as other restrictions and requirements relating principally to the use of proceeds to pay for the infrastructure improvements and the procedures to be followed by the District on assessments to property owners. The District agrees to levy special assessments in annual amounts adequate to provide payment of debt service and to meet the reserve requirements. The amount in the debt service reserve account meets the debt service reserve requirement. The District was in compliance with the requirements at September 30, 2025.

NOTE 6 – LONG-TERM LIABILITIES (Continued)

Long-term Debt Activity
Changes in long-term liability activity for the fiscal year ended September 30, 2025, were as follows:

	Beginning
Balance	
Additions	
Reductions	
Ending Balance	Due Within
One Year	
Governmental activities Bonds payable:
Series 2017A-1	

$	7,715,000	

$	-	$	

490,000	

$	7,225,000	

$	480,000	
Series 2017A-2	1,990,000	-	200,000	1,790,000	110,000	
Less original issue discount	107,004	-	8,580	98,424	-	
Total	$	9,597,996	$	-	$	681,420	$	8,916,576	$	590,000	
At September 30, 2025, the scheduled debt service requirements on the long-term debt were as follows:

Year ending
  September 30:	Principal	Interest	Total	
2026	$	590,000	$	396,918	$	986,918	
2027	610,000	373,726	983,726	
2028	635,000	349,228	984,228	
2029	660,000	323,466	983,466	
2030	695,000	295,348	990,348	
2031-2035	3,965,000	985,904	4,950,904	
2036-2037		1,860,000	129,090	1,989,090 			
Total	 $	9,015,000	$	2,853,680	$	11,868,680 			

NOTE 7 – MANAGEMENT COMPANY

The District has contracted with a management company to perform management advisory services, which include financial and accounting services. Certain employees of the management company also serve as officers of the District. Under the agreement, the District compensates the management company for management, accounting, financial reporting, computer and other administrative costs.

NOTE 8 – RISK MANAGEMENT

The District is exposed to various risks of loss related to torts; theft of, damage to, and destruction of assets; errors and omissions; and natural disasters. The District has obtained commercial insurance from independent third parties to mitigate the costs of these risks; coverage may not extend to all situations. There were no settled claims over the past three years.

NOTE 9 – REUSE FACILITY AGREEMENT

On March 20, 2013, an agreement was signed between the District and the Solivita West Community Association, Inc. (the “Association”). Per the agreement, the Association shall be responsible for the management and maintenance of the Reuse Facilities. The Association shall be solely responsible for the staffing, budgeting, financing, billing and collection of fees, assessments, service charges, etc., necessary to perform the inspection, operation and maintenance responsibilities set forth per the Agreement. The District shall pay the Association the sum of $10 per year for the provision of services pursuant to the terms of this Agreement.
The renewal term of this Agreement is for a period commencing as of October 1, 2022, and ending on September 30, 2027, and shall be automatically renewed for additional 5-year periods after September 30, 2027, unless either party provides the other party at least 180 days written notice of its intent to not renew. The District shall have a right to terminate this Agreement effective immediately at any time due to the Association’s failure to perform in accordance with the terms of this Agreement, or upon 365 days’ notice without a showing of cause.

NOTE 10 – SUBSEQUENT EVENTS

Subsequent to fiscal year end, the District prepaid a total of $20,000 of the Series 2017A-1 Bonds and $5,000 of the Series 2017A-2 Bonds. The prepayments were considered extraordinary mandatory redemptions as outlined in the Bond Indentures.

POINCIANA WEST COMMUNITY DEVELOPMENT DISTRICT POLK COUNTY, FLORIDA
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE - BUDGET AND ACTUAL – GENERAL FUND FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2025

	
Budgeted
	Amounts	 Original & Final	

Actual Amounts	Variance with Final Budget - Positive
(Negative)	
REVENUES
Assessments	
$	291,299	
$	293,466	
$	2,167	
Interest	20,000	33,404	13,404	
Miscellaneous revenue	-	3,735	3,735	
Total revenues	311,299	330,605	19,306	

EXPENDITURES
Current:
General government	119,742	126,515	(6,773)	
Maintenance and operations	224,106	194,472	29,634	
Total expenditures	343,848	320,987	22,861	

Excess (deficiency) of revenues over (under) expenditures	

(32,549)	

9,618	

42,167	

OTHER FINANCING SOURCES (USES)				
Carryforward surplus	32,549	-	(32,549)	
Total other financing sources (uses)	32,549	-	(32,549)	

Net change in fund balances	
 $	-		
9,618	
 $	9,618 	
Fund balance - beginning			785,128 		
Fund balance - ending		 $	794,746 		

See notes to required supplementary information

POINCIANA WEST COMMUNITY DEVELOPMENT DISTRICT POLK COUNTY, FLORIDA
NOTES TO REQUIRED SUPPLEMENTARY INFORMATION

The District is required to establish a budgetary system and an approved Annual Budget for the general fund. The District’s budgeting process is based on estimates of cash receipts and cash expenditures which are approved by the Board. The budget approximates a basis consistent with accounting principles generally accepted in the United States of America (generally accepted accounting principles).

The legal level of budgetary control, the level at which expenditures may not exceed budget, is in the aggregate. Any budget amendments that increase the aggregate budgeted appropriations must be approved by the Board of Supervisors. Actual general fund expenditures did not exceed appropriations for the fiscal year ended September 30, 2025.

POINCIANA WEST COMMUNITY DEVELOPMENT DISTRICT POLK COUNTY, FLORIDA
OTHER INFORMATION – DATA ELEMENTS REQUIRED BY FL STATUTE 218.39(3)(C)
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2025 UNAUDITED

Element	Comments
Number of District employees compensated in the last pay period of the District’s fiscal year being reported.	0	
Number of independent contractors compensated to whom nonemployee compensation was paid in the last month of the District’s fiscal year being reported.	
1	
Employee compensation	$0	
Independent contractor compensation	$66,705	
Construction projects to begin on or after October 1; (>$65K)	Not applicable	
Budget variance report	See the Schedule of Revenues, Expenditures and Changes in
Fund Balance - Budget and Actual - General Fund	
Non ad valorem special assessments; Special assessment rate	
Operations and maintenance - $186.57 - $2,052.24 Debt service - $686.58 - $7,552.38	
Special assessments collected	$1,356,453	
Outstanding Bonds:	see Note 6 for details	

INDEPENDENT AUDITOR'S REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING AND ON COMPLIANCE AND OTHER MATTERS BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS
To the Board of Supervisors
Poinciana West Community Development District Polk County, Florida
We have audited, in accordance with the auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards issued by the Comptroller General of the United States, the financial statements of the governmental activities and each major fund of Poinciana West Community Development District, Polk County, Florida (“District”) as of and for the fiscal year ended September 30, 2025, and the related notes to the financial statements, which collectively comprise the District’s basic financial statements, and have issued our opinion thereon dated, March 10, 2026.
Report on Internal Control Over Financial Reporting
In planning and performing our audit of the financial statements, we considered the District’s internal control over financial reporting (internal control) to determine the audit procedures that are appropriate in the circumstances for the purpose of expressing our opinions on the financial statements, but not for the purpose of expressing an opinion on the effectiveness of the District’s internal control. Accordingly, we do not express an opinion on the effectiveness of the District’s internal control.
A deficiency in internal control exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent, or detect and correct misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control, such that there is a reasonable possibility that a material misstatement of the entity’s financial statements will not be prevented or detected and corrected on a timely basis. A significant deficiency is a deficiency, or a combination of deficiencies, in internal control that is less severe than a material weakness, yet important enough to merit attention by those charged with governance.
Our consideration of internal control was for the limited purpose described in the first paragraph of this section and was not designed to identify all deficiencies in internal control that might be material weaknesses or, significant deficiencies. Given these limitations, during our audit we did not identify any deficiencies in internal control that we consider to be material weaknesses. However, material weaknesses or significant deficiencies may exist that were not identified.
Report on Compliance and Other Matters
As part of obtaining reasonable assurance about whether the District’s financial statements are free from material misstatement, we performed tests of its compliance with certain provisions of laws, regulations, contracts, and agreements, noncompliance with which could have a direct and material effect on the determination of financial statement amounts. However, providing an opinion on compliance with those provisions was not an objective of our audit, and accordingly, we do not express such an opinion. The results of our tests disclosed no instances of noncompliance or other matters that are required to be reported under Government Auditing Standards.

Purpose of this Report
The purpose of this report is solely to describe the scope of our testing of internal control and compliance and the results of that testing, and not to provide an opinion on the effectiveness of the entity’s internal control or on compliance. This report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the entity’s internal control and compliance. Accordingly, this communication is not suitable for any other purpose.

March 10, 2026

INDEPENDENT AUDITOR’S REPORT ON COMPLIANCE WITH THE REQUIREMENTS OF SECTION 218.415, FLORIDA STATUTES, REQUIRED BY RULE 10.556(10) OF THE AUDITOR GENERAL OF THE STATE OF FLORIDA
To the Board of Supervisors
Poinciana West Community Development District Polk County, Florida
We have examined Poinciana West Community Development District, Polk County, Florida’s (“District”) compliance with the requirements of Section 218.415, Florida Statutes, in accordance with Rule 10.556(10) of the Auditor General of the State of Florida during the fiscal year ended September 30, 2025. Management is responsible for District’s compliance with those requirements. Our responsibility is to express an opinion on District’s compliance based on our examination.
Our examination was conducted in accordance with attestation standards established by the American Institute of Certified Public Accountants. Those standards require that we plan and perform the examination to obtain reasonable assurance about whether the District complied, in all material respects, with the specified requirements referenced in Section 218.415, Florida Statutes. An examination involves performing procedures to obtain evidence about whether the District complied with the specified requirements. The nature, timing, and extent of the procedures selected depend on our judgment, including an assessment of the risks of material noncompliance, whether due to fraud or error. We believe that the evidence we obtained is sufficient and appropriate to provide a reasonable basis for our opinion. Our examination does not provide a legal determination on the District’s compliance with specified requirements.

We are required to be independent and to meet our other ethical responsibilities in accordance with relevant ethical requirements relating to the examination engagement.
In our opinion, the District complied, in all material respects, with the aforementioned requirements for the fiscal year ended September 30, 2025.
This report is intended solely for the information and use of the Legislative Auditing Committee, members of the Florida Senate and the Florida House of Representatives, the Florida Auditor General, management, and the Board of Supervisors of Poinciana West Community Development District, Polk County, Florida and is not intended to be and should not be used by anyone other than these specified parties.

March 10, 2026

MANAGEMENT LETTER PURSUANT TO THE RULES OF THE AUDITOR GENERAL FOR THE STATE OF FLORIDA
To the Board of Supervisors
Poinciana West Community Development District Polk County, Florida
Report on the Financial Statements

We have audited the accompanying basic financial statements of Poinciana West Community Development District, Polk County, Florida ("District") as of and for the fiscal year ended September 30, 2025, and have issued our report thereon dated March 10, 2026.
Auditor’s Responsibility

We conducted our audit in accordance with auditing standards generally accepted in the United States of America; the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States; and Chapter 10.550, Rules of the Florida Auditor General.
Other Reporting Requirements

We have issued our Independent Auditor’s Report on Internal Control over Financial Reporting and on Compliance and Other Matters Based on an Audit of the Financial Statements Performed in Accordance with Government Auditing Standards; and Independent Auditor’s Report on an examination conducted in accordance with AICPA Professional Standards, AT-C Section 315, regarding compliance requirements in accordance with Chapter 10.550, Rules of the Auditor General. Disclosures in those reports, which are dated March 10, 2026, should be considered in conjunction with this management letter.

Purpose of this Letter
The purpose of this letter is to comment on those matters required by Chapter 10.550 of the Rules of the Auditor General for the State of Florida. Accordingly, in connection with our audit of the financial statements of the District, as described in the first paragraph, we report the following:

Current year findings and recommendations.
Status of prior year findings and recommendations.
Compliance with the Provisions of the Auditor General of the State of Florida.

Our management letter is intended solely for the information and use of the Legislative Auditing Committee, members of the Florida Senate and the Florida House of Representatives, the Florida Auditor General, Federal and other granting agencies, as applicable, management, and the Board of Supervisors of Poinciana West Community Development District, Polk County, Florida and is not intended to be and should not be used by anyone other than these specified parties.

We wish to thank Poinciana West Community Development District, Polk County, Florida and the personnel associated with it, for the opportunity to be of service to them in this endeavor as well as future engagements, and the courtesies extended to us.

March 10, 2026

REPORT TO MANAGEMENT

CURRENT YEAR FINDINGS AND RECOMMENDATIONS
None

PRIOR YEAR FINDINGS AND RECOMMENDATIONS

None
COMPLIANCE WITH THE PROVISIONS OF THE AUDITOR GENERAL OF THE STATE OF FLORIDA

Unless otherwise required to be reported in the auditor’s report on compliance and internal controls, the management letter shall include, but not be limited to the following:

A statement as to whether or not corrective actions have been taken to address findings and recommendations made in the preceding annual financial audit report.

There were no significant findings and recommendations made in the preceding annual financial audit report for the fiscal year ended September 30, 2024.
Any recommendations to improve the local governmental entity's financial management.

There were no such matters discovered by, or that came to the attention of, the auditor, to be reported for the fiscal year ended September 30, 2025.
Noncompliance with provisions of contracts or grant agreements, or abuse, that have occurred, or are likely to have occurred, that have an effect on the financial statements that is less than material but which warrants the attention of those charged with governance.

There were no such matters discovered by, or that came to the attention of, the auditor, to be reported, for the fiscal year ended September 30, 2025.

The name or official title and legal authority of the District are disclosed in the notes to the financial statements.
The District has not met one or more of the financial emergency conditions described in Section 218.503(1), Florida Statutes.

We applied financial condition assessment procedures and no deteriorating financial conditions were noted as of September 30, 2025. It is management’s responsibility to monitor financial condition, and our financial condition assessment was based in part on representations made by management and the review of financial information provided by same.
Management has provided the specific information required by Section 218.39(3)(c) in the Other Information section of the financial statements on page 24.

Section VIII

Item will be provided under separate cover.

Section IX

Item will be provided under separate cover.

Section X

Item will be provided under separate cover.

Section XI

From: Tricia Adams tadams@gmscfl.com 
Subject: Urgent: Mosquito / Midge Breeding Conditions – Neglected Private Property in Poinciana West Community Development District
Date: February 6, 2026 at 3:00 PM
To: codesadmin@polk-county.net
Cc: Tricia Adams tadams@gmscfl.com, Iman Sakalla isakalla@gmscfl.com

Dear Ms. Fenton,

On behalf of the Poinciana West Community Development District (PCDD), I am reporting a neglected private property at 346 Monterrey Drive, Poinciana West that is contributing to a significant public safety concern due to standing water and associated mosquito / midge breeding conditions.

The property appears to be vacant and abandoned, with accumulated materials and broken containers holding water in the backyard. These conditions create ideal habitat for mosquitoes and midges, which present both a public health risk and a community nuisance. A photograph showing the standing water conditions is attached.

We respectfully request that the County review the property and take appropriate action under applicable codes and health regulations to abate the conditions and eliminate standing water sources.

Please let us know if additional documentation or follow-up is needed from the District. Thank you for your attention to this public health concern.
All the best,

Tricia L. Adams District Manager
Governmental Management Services - Central Florida, LLC 219 E Livingston St
Orlando, FL 32801
O: 407.841.5524 ext. 138
C: 863.241.8050

Section XII

Section B

Section 1

Sent Via Email: tadams@gmscfl.com

February 18, 2026

Ms. Tricia Adams, District Manager
Poinciana West Community Development District c/o Governmental Management Services
219 East Livingston Street Orlando, Florida 32801

Subject:	Work Authorization Number 2026-1
Poinciana West Community Development District District Engineering Services – FY 2026
Polk County, Florida

Dear Ms. Adams:

Dewberry Engineers Inc. is pleased to submit this Work Authorization to provide professional consulting engineering services for the Poinciana West Community Development District (CDD). We will provide these services pursuant to our current agreement (“District Engineering Agreement”) as follows:

General Engineering Services

The District will engage the services of Dewberry Engineers Inc. (Engineer) as District Engineer to perform those services as necessary, pursuant to the District Engineering Agreement, including attendance at Board of Supervisors meetings, review and approval of requisitions, or other activities as directed by the District’s Board of Supervisors.

Our fee for this task will be based on time and materials, in accordance with the enclosed Schedule of Charges. The referenced Schedule of Charges is valid for fiscal year 2026 only. We estimate a budget of $10,000, plus other direct costs.

Other Direct Costs

Other direct costs include items such as printing, drawings, travel, deliveries, et cetera. This does not include any of the application fees for the various agencies, which are the owner’s responsibility and have not been accounted for in this proposal. We estimate a budget of $100.

This Work Authorization, together with the referenced Engineering Agreement, represents the entire understanding between the District and the Engineer with regard to the referenced work authorization. If you wish to accept this work authorization, please sign where indicated and return one complete copy to Aimee Powell, Senior Office Administrator, in our Orlando office at 800 N. Magnolia Avenue, Suite 1000, Orlando, Florida 32803 (or via email at apowell@dewberry.com). Upon receipt, we will promptly schedule our services.

Ms. Tricia Adams Poinciana West CDD Work Authorization 2026-1
February 18, 2026

Thank you for choosing Dewberry Engineers Inc. We look forward to working with you and your staff. Sincerely,

Cole Landau	Reinardo Malavé, P.E.
Senior Project Manager	Associate Vice President

CL:RM:ap
M:\Proposals - Public\Municipal\Poinciana West CDD\Poinciana West CDD FY 2026 District Engineering Services – WO 2026-1
– 02-18-2026
Enclosures

APPROVED AND ACCEPTED

By: 		 Authorized Representative of
Poinciana West Community Development District Date: 	

Section 2

Sent Via Email: tadams@gmscfl.com

February 18, 2026

Ms. Tricia Adams District Manager
Poinciana West Community Development District c/o Governmental Management Services
219 East Livingston Street Orlando, Florida 32801

Subject:	Work Authorization Number 2026-2
Poinciana West Community Development District Annual Engineer’s Report 2026
Polk County, Florida

Dear Ms. Adams:

Dewberry Engineers Inc. (Engineer) is pleased to submit this Work Authorization to provide professional consulting engineering services for the Poinciana West Community Development District (CDD). We will provide these services pursuant to our current agreement (“District Engineering Agreement”) as follows:

Scope of Work

We will provide the Annual Engineer’s Report for the CDD as required by the Trust Indenture for this fiscal year. The report will address the requirements as detailed in Section 9.21 of the Trust.
Fees
The CDD will compensate the Engineer pursuant to the hourly rate schedule contained in the District Engineering Agreement. We estimate a budget in the amount of $3,000, plus other direct costs. The CDD will reimburse the Engineer all direct costs, which include items such as printing, drawings, travel, deliveries, et cetera, pursuant to the Engineering Agreement.

Thank you for considering Dewberry. We look forward to helping you create a quality project. Sincerely,

Cole Landau	Reinardo Malavé, P.E.
Senior Project Manager	Associate Vice President APPROVED AND ACCEPTED
By: 	 Authorized Representative of
Poinciana West Community Development District

Date

Section C

Section 1
Poinciana West
COMMUNITY DEVELOPMENT DISTRICT

Fiscal Year 2026
Check/ACH Register

Date	check #'s	Amount		

2/1-2/28	
2145		
$217.03	
	80032-80037		$154,134.79	
			$154,351.82	
01/01/2026 - 02/28/2026 ***	POINCIANA WEST - GENERAL FUND

REIMB POSTAGE EXPENSE

POIW POIN WEST CDD	PPOWERS
AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	3/09/26	PAGE	2
*** CHECK DATES 01/01/2026 - 02/28/2026 ***	POINCIANA WEST - GENERAL FUND
BANK Z GENERAL FUND AUTOPAY
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
2/19/26 00005	1/15/26 1038656	202601 320-53800-47100	*	2,412.14
JAN 26 - MOSQUITO MGMT
2/16/26 1038714	202602 320-53800-47100	*	2,412.14
FEB 26 - MOSQUITO MGMT
CLARKE ENVIRONMENTAL MOSQUITO	4,824.28 080032
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/19/26 00033	2/02/26 19344	202601 310-51300-31500	*	1,917.50
JAN 26 - GENERLA COUNSEL

JAN 26 - FIELD MGMT
225	202601 310-51300-34000
JAN 26 - MGMT FEES
225	202601 310-51300-35200
JAN 26 - WEBSITE ADMIN
225	202601 310-51300-35100
JAN 26 - IT
225	202601 310-51300-31300
JAN 26 - DISSEMINATION
226	202602 320-53800-12000
FEB 26 - FIELD MGMT
227	202602 310-51300-34000
FEB 26 - MGMT FEES
227	202602 310-51300-35200
FEB 26 - WEBSITE ADMIN
227	202602 310-51300-35100
FEB 26 - IT
227	202602 310-51300-31300
FEB 26 - DISSEMINATION
227	202602 310-51300-42500
FEB 26 - COPIES
GOVERNMENTAL MANAGEMENT SERVICES-CF	10,344.37 080035
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/19/26 00041	1/01/26 PSI22728 202601 320-53800-47000	*	6,056.00 JAN 26 - POND MAINTENANCE
2/01/26 PSI23395 202602 320-53800-47000	*	6,056.00 FEB 26 - POND MAINTENANCE
SOLITUDE LAKE MANAGEMENT, LLC	12,112.00 080036
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
POIW POIN WEST CDD	PPOWERS
AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	3/09/26	PAGE	3
*** CHECK DATES 01/01/2026 - 02/28/2026 ***	POINCIANA WEST - GENERAL FUND
BANK Z GENERAL FUND AUTOPAY

CHECK	VEND# DATE	.....INVOICE..... ...EXPENSED TO...		VENDOR DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS	NAME	STATUS	AMOUNT	....CHECK.....
AMOUNT	#	
2/24/26 00013	2/24/26 TAX REC	202602 300-20700-10000	*	113,251.12	

- - - - - - - -	TRANSFER OF TAX RECEIPTS
POINCIANA WEST CDD
- - - - - - - - - - - - - - - - - - - - - - - - - - - -	C/O US BANK
- - - - - - - - - - - - - - - -	113,251.12 080037
- - - - - - - - - - - - - -	
		TOTAL FOR BANK Z	154,134.79	
		TOTAL FOR REGISTER	154,351.82	

POIW POIN WEST CDD	PPOWERS
Payments List View | Future Dated Payments				92 of 157	
GOVERNMENTAL MANAGEMENT SERVICES SOUTH FLORIDA LLC - 3000339014

Client Account Name	From Account	Beneficiary	

Amount	

Value Date	

Status	

Payment Type	
POINCIANA WEST COMMUNITY DEVELOPMEN	Solitude Lake Manageme	6,056.00	02/19/2026	Approved	ACH - Cash Disbursement (CR)	
POINCIANA WEST COMMUNITY DEVELOPMEN	Solitude Lake Manageme	6,056.00	02/19/2026	Approved	ACH - Cash Disbursement (CR)	
POINCIANA WEST COMMUNITY DEVELOPMEN	GMS-CF, LLC	956.17	02/19/2026	Extract in Process	ACH - Cash Disbursement (CR)	
POINCIANA WEST COMMUNITY DEVELOPMEN	GMS-CF, LLC	4,217.44	02/19/2026	Extract in Process	ACH - Cash Disbursement (CR)	
POINCIANA WEST COMMUNITY DEVELOPMEN	GMS-CF, LLC	4,214.59	02/19/2026	Extract in Process	ACH - Cash Disbursement (CR)	
POINCIANA WEST COMMUNITY DEVELOPMEN	GMS-CF, LLC	956.17	02/19/2026	Extract in Process	ACH - Cash Disbursement (CR)	
POINCIANA WEST COMMUNITY DEVELOPMEN	Floralawn	5,621.84	02/19/2026	Extract in Process	ACH - Cash Disbursement (CR)	
POINCIANA WEST COMMUNITY DEVELOPMEN	Floralawn	5,621.84	02/19/2026	Extract in Process	ACH - Cash Disbursement (CR)	
POINCIANA WEST COMMUNITY DEVELOPMEN	Floralawn	441.84	02/19/2026	Extract in Process	ACH - Cash Disbursement (CR)	
POINCIANA WEST COMMUNITY DEVELOPMEN	Clarke Environmental M	2,412.14	02/19/2026	Extract in Process	ACH - Cash Disbursement (CR)	
POINCIANA WEST COMMUNITY DEVELOPMEN	Clarke Environmental M	2,412.14	02/19/2026	Extract in Process	ACH - Cash Disbursement (CR)	
POINCIANA WEST COMMUNITY DEVELOPMEN	Clark & Albaugh	1,917.50	02/19/2026	Extract in Process	ACH - Cash Disbursement (CR)	

REPORT TOTALS

ACH
Total Debit Amount
Items
Total Credit Amount
Items
Total Batches
ACH	(USD to USD)	40,883.67 USD	12	12

GOVERNMENTAL MANAGEMENT SERVICES	User: PATTI401927303085900	Report Generated: 02/18/2026 04:03:50 PM	Page 1 of 1
POINCIANA WEST - GENERAL FUND
VENDOR NUMBER/NAME:		5 CLARKE ENVIRONMENTAL MOSQUITO INV DATE	INV#	AMOUNT DISCOUNT	NET
932o/f 11597 /2026
CHECK#: 080032
20260115 1038656	2,412.14	2,412.14	JAN	26	- MOSQUITO MGMT	
20260216 1038714	2,412.14	2,412.14	FEB	26	- MOSQUITO MGMT	

POINCIANA WEST - GENERAL FUND
VENDOR NUMBER/NAME:	5 CLARKE ENVIRONMENTAL MOSQUITO
INV DATE	INV#	AMOUNT DISCOUNT	NET		2/19/2026
CHECK#: 080032	
20260115 1038656	2,412.14	2,412.14 JAN	26	- MOSQUITO MGMT	
20260216 1038714	2,412.14	2,412.14 FEB	26	- MOSQUITO MGMT	

TOTAL	$4,824.28

POINCIANA WEST CDD - AUTOPAY
080032

DATE	AMOUNT
2/19/2026	$4,824.28* FOUR THOUSAND EIGHT HUNDRED TWENTY-FOUR DOLLARS & 28 CENTS ****************

PAY TO THE ORDER OF:

CLARKE ENVIRONMENTAL MOSQUITO MANAGEMENT, INC.
16300 COLLECTIONS CENTER DRIVE

CHICAGO IL 60693	AUTHORIZED SIGNATURE

Clarke Environmental Mosquito Mgmt.
675 Sidwell Ct.	• St. Charles IL 60174 Unitecl States www.clarke.com

USO 2,412.14

2,4

Remitt,mce Information: Clarke Environmental Mosquito Management, Inc.
.ACH: Bank of America - Account: 866,J607231 - Routing: 071000039 ' Online: https://www.clarke.com/billpay - available online next day Check: 16300 Collections Center Drive, Chicago, IL 60693
Questions: accountsreceivable@clarke.com or call: 800-323-5727 opt 6 W9's can be found on our website at www.clarke.com

Paqe 1 of 1
Helping mal :- comrnuniti(·:s c.udund the world 1r10n·: livable, safe and comfortable
Clarke E11viro11ment.?l! Mosquito Mgmt.
6 75 Sidwell Ct.
St Cl1arles IL 60174 United States www.clarke.com

Remitt,mc1i! !nform,c;tl?,n: Clarke Environmental Mosquito i\??magement, Inc. ACH: Bank of America - Account: 8666607231 - Routing: 071000039 Online: https://www,clarke,com/billpay - available online next clay Check: 16300 Collections Cenler Drive, Chicago, IL 60693
Questions: accountsreceivable@clarke,corr1 or call: 800-323-5727 opt 6 W9's can be found on our website at www.clarke.com

Page 1 of 1
H(·?lping rna!•;;! c·.:imrnunities around the worfd rr1ore Hvable, safo rmd cornfortt1bk?
POINCIANA WEST - GENERAL FUND
VENDOR NUMBER/NAME:	33 CLARK & ALBAUGH, LLP
INV DATE	INV#		AMOUNT DISCOUNT		NET 20260202 19344	1,917.50	1,917.50
962of/11579/2026
CHECK#: 080033
JAN 26 - GENERLA COUNSEL

	

POINCIANA WEST - GENERAL VENDOR NUMBER/NAME:
INV DATE	INV#
FUND
33 CLARK & ALBAUGH, AMOUNT DISCOUNT

LLP

NET
2/19/2026
CHECK#: 080033
20260202 19344
1,917.50
1,917.50
JAN 26 - GENERLA COUNSEL

TOTAL	$1,917.50

POINCIANA WEST CDD - AUTOPAY
080033

DATE	AMOUNT
2/19/2026	$1,917.50*
ONE THOUSAND NINE HUNDRED SEVENTEEN DOLLARS & 50 CENTS ********************

PAY TO THE ORDER OF:

CLARK & ALBAUGH, LLP
219 SHILOH COVE
HEATHROW FL 32746

AUTHORIZED SIGNATURE

CLARK & ALBAUGH

PROFESSIONAL LIMITED LIA.BlLlTI' CORPORATION

Clark & Albaugh, PLLC
219 Shiloh Cove
Heathrow, FL 32746
(407) 472-0326

Poinciana West Community Development Dis

Payment Terms: Upon Receipt

RE: General matters - 7784-001

February 02, 2026

Invoice Number: 19344
Invoice Period: 01-01-2026 - 02-02-2026

Time Details
 Date	Professional	Descri1,tion	Hours	Rate	Amount
01-14-2026	Scott D. Clark	review of correspondence regarding meeting schedu a and tentative agenda of items	0.20	325.00	65.00	
01-16-2026	Scott D. Clark	review of agenda package for January meeting and rel,1ted correspondence with manager	1.20	32.5.00	390.00	
01-21-2026	Scott D. Clark	Attend, ·,ce at Board Meeting (Zoom)	2.30	325.00	747.50	
01-21-2026	Scott D. Clark	meetinr, followup items; preparation of contract exh'bitt: and office conference regarding enginer,'inq agr,3ementr completion	0.50	325.00	162.50	
01-21-2026	Mitchel! E. Albaugh	rJrafting engineen11g agreement with Dewberry Engineers Inc.	0.80	325.00	260.0b	
01-27-2026	Scott D. Clark	review of and provide edits to engineering agreerr,ent: correspo,·1dence with manager regardinp agreement and folllowup steps.	0.70	325.00	227.50	
01-29-2026	Scott D. Clark	review )f executed engineering agreement and related :orrespondence	0.20	325.00	65.00	
			Total		1,917.50	

Time Summary Professional Mitchell E. Albaugh Scott 0. Clark

Hours	Amount

0.80	260.00
5.10	1,657,50
Total	1,917.50

Poinciana West Community Developm?·nt Dis

Clark & Albaugh, PLLC
219 Shiloh Cove
Heathrow, FL 32746

February 02, 2026

Invoice Number: 19344
Invoice Period: 0·1-01-2026 - 02-02-2026
	_., 	.c,,io?-?-----_; 	 ....

REMITTANCE COPY
RE: General matters • 7784-001

Fees Total for '!his Invoice
Trust Balance

1,917.50
1,917.50
0.00

Matter	Invoices /
Credits
	Trust Balance	Balance Due				
General matters - 7784,001				1,917.50	1,917.50	
				Total Amount to Pay	1,917.50	
Open Invoices and Credits						
Date	Transaction	Matt·er-··		·	Amount	Applied	Balance	
02-02-2026	Invoice 19344	General matters - 778	4-0	01	1,917.50	1,917.50		
				Balance	1,917.50	
POINCIANA WEST - GENERAL FUND
VENDOR NUMBER/NAME:		7 FLORALAWN 2, LLC INV DATE	INV#	AMOUNT DISCOUNT

NET
992o/f 11579/2026
CHECK#: 080034
20260101 36741	5,621.84	5,621.84	JAN 26 - LANDSCAPE MAINT	
20260121 37117	441.84	441.84	CYPRESS TREE REMOVAL	
20260201 37352	5,621.84	5,621.84	FEB 26 - LANDSCAPE MAINT	

,-'""'""'"'

"
(

POINCIANA WEST - GENERAL FUND
VENDOR NUMBER/NAME:		7 FLORALAWN 2, LLC INV DATE	INV#	AMOUNT DISCOUNT

NET
2/19/2026
CHECK#: 080034
20260101 36741	5,621.84	5,621.84	JAN 26 - LANDSCAPE MAINT	
20260121 37117	441.84	441.84	CYPRESS TREE REMOVAL	
20260201 37352	5,621.84	5,621.84	FEB 26 - LANDSCAPE MAINT	

TOTAL	$11,685.52

POINCIANA WEST CDD - AUTOPAY
080034

DATE	AMOUNT
2/19/2026	$11,685.52* ELEVEN THOUSAND SIX HUNDRED EIGHTY-FIVE DOLLARS & 52 CENTS ****************

PAY TO THE ORDER OF:

FLORALAWN 2, LLC
PO BOX 91597
LAKELAND FL 33804

AUTHORIZED SIGNATURE

	

P.O. Box 91597
Lakeland, FL 33804

#15846 - Cypress Tree Removal- 545 indian Wells

Remove (3) Cypress Trees located lakesic-: to the rear of 545 Indian Wells Street and cap irrigation

Bed Prep and Plant Removal and F'lant Installation • 09/08/2025	$441.84

Total	$441.84
Credits/Payments ====(=$=0=.0=0=)
Balance Due	$441.84

All late payments are subject to l S' '11 interest Thank you for your timely payment.

"If your check is not paid on presentn•:?nt o·. is dishonored, you agree to pay the amount allowed by state law. We may electronically debit or draft your account for this charge. Also, if your check is returned for insufficient or uncol.lected funds, your check may be electronically re-presented for payment."
Page 1 of 1
*floralawn
P.O. Box 91597
Lakeland, FL 33804

Landscape Maintenance January : ()26	$5,621.84

Total	$5,621.84
Credits/Payments ====($=0=.0=0=)
Balance Due	$5,621.84

All late payments are subject to 1.5' '?interest.Thank you for your timely payment.

"If your check is not paid on presentm?nl. or is dishonored, you agree to pay the amount allow;:;d by state law. We may electronically debit or draft your }IGCotmt for this charge. Also, if your check is returned for insufficient or uncollected funds, your check may be electrollically re-presented for payment."
Page 1 of I

P.O. Box 91597
Lakeland, FL 33804

Landscape Maiutenance  Februm1 '1-fll,6	$5,621.84

Thank you for? our business.	Total	$5,621.84
t----P-l_10_n_e_#----r---	_
86
_\;;_:
3

41 14
-1-I	W_e_b_s_it_e 

---1
Credits/Payments ====($=0=.0=0=)
Balance Due	$5,621.84
---\-?	'

All fate payments are subject fo i ?Y1J interesl, Thank you for your timely payment.

"If your check is not paid on presentrn(.nt ,_,, is dishonor,?d, you agree to pay the amount allowed by state law. We may electronically debit or draft your acc,:,unt for this charge. Also, if your check is returned fo; insufficient or uncollected funds, yom- check may be ekctronically re-presented for payment."
Page I of I
POINCIANA WEST - GENERAL FUND
VENDOR NUMBER/NAME:	1 GOVERNMENTAL MANAGEMENT SERVIC
1032o/f 11597 /2026
CHECK#: 080035
INV DATE	INV#	AMOUNT DISCOUNT	NET			
20260101 224		956.17	956.17	JAN 26	- FIELD MGMT	
20260101 225		4,214.59	4,214.59	JAN 26	- MGMT FEES	
20260201 226		956.17	956.17	FEB 26	- FIELD MGMT	
20260201 227		4,217.44	4,217.44	FEB 26	- MGMT FEES	

POINCIANA WEST - GENERAL FUND
VENDOR NUMBER/NAME:	1 GOVERNMENTAL MANAGEMENT SERVIC
2/19/2026
CHECK#: 080035
INV DATE	INV#	AMOUNT DISCOUNT	NET			
20260101 224		956.17	956.17	JAN 26	- FIELD MGMT	
20260101 225		4,214.59	4,214.59	JAN 26	- MGMT FEES	
20260201 226		956.17	956.17	FEB 26	- FIELD MGMT	
20260201 227		4,217.44	4,217.44	FEB 26	- MGMT FEES	

TOTAL	$10,344.37

POINCIANA WEST CDD - AUTOPAY
080035

DATE	AMOUNT
2/19/2026	$10,344.37* TEN THOUSAND THREE HUNDRED FORTY-FOUR DOLLARS & 37 CENTS ******************
PAY TO THE ORDER OF:

GOVERNMENTAL MANAGEMENT SERVICES-CF
219 E. LIVINGSTON STREET ORLANDO FL 32801

AUTHORIZED SIGNATURE

GMS-Central Florida, LLC
1001 Bradford Way
Kingston, n? 37763
Invoice

Bill To:
Poinciana West COD 219 E. Livingston St. Orlando, FL 3280i
Invoice #: 224 Invoice Date: i/i/26
Due Date: 1/i/26
Case:
P.O. Number:

Descriptlsm	Hours/Qty	Hate	Amount
Field Managemen;-

GMS-Central Florida5 llC
1001 Bradford Way
Kingston, TN 37763
Invoice

Bill To:
Poinciana West COD 219 E. Livingston St. Orlando, FL 32801
Invoice#: 225
Invoice Date: 1/1/26
Due Date: 1/1/26
Case:
P.O. Number:

Management Fees Website Administration Information Technology
Descrinti :,n
Hours/Qty
Rate	Amount
3,713.17	3,713.17
74.42	74.42
111.58	111.58
Dissemination Agent SeNices	315.42	315.42

GMS-Central Florida, I.LC
1001 Bradford Way
Kingston, TN 37763
Invoice

Bill To:
Poinciana West COD 219 E. Livingston St. Orlando, FL 32801
Invoice #: 227
Invoice Date: 2/1/26
Due Date: 2/1/26
Case:
P.O. Number:

Hours/Qty
-----------·---.••'	.
Management Fees	Rate
3,713.17	Amount
3,713.17	
Website Administr,?tion	74.42	74.42	
Information Technology	11i .58	111.58	
Dissemination Age:.,t Ser✓ices	315.42	315.42	
Copies	2.85	2.85	

GMSmCentral Florida1 LLC
1001 Bradford Way
Kingston, TN 37763
Invoice

Bill lo:
Poinciana West COD 219E Livingston St. Orlando, FL 32801
Invoice #: 226
Invoice Date: 2/1/26
Due Date: 2/1/26
Case:
P.O. Number:

Field Management
Descl'lption	Hours/QZy
Rate	Amount

POINCIANA WEST - GENERAL FUND
VENDOR NUMBER/NAME:	 41 SOLITUDE LAKE INV DATE	INV#	AMOUNT DISCOUNT
1082o/f 11579/2026
MANAGEMENT, LLC	CHECK#: 080036 NET
20260101 PSI22728	6,056.00	6,056.00	JAN	26	- POND	MAINTENANCE	
20260201 PSI23395	6,056.00	6,056.00	FEB	26	- POND	MAINTENANCE	

POINCIANA WEST - GENERAL FUND
VENDOR NUMBER/NAME:	 41 SOLITUDE LAKE INV DATE	INV#	AMOUNT DISCOUNT
2/19/2026
MANAGEMENT, LLC	CHECK#: 080036 NET
20260101 PSI22728	6,056.00	6,056.00	JAN	26	- POND MAINTENANCE	
20260201 PSI23395	6,056.00	6,056.00	FEB	26	- POND MAINTENANCE	

TOTAL	$12,112.00

POINCIANA WEST CDD - AUTOPAY
080036

DATE
2/19/2026
AMOUNT
$12,112.00*
TWELVE THOUSAND ONE HUNDRED TWELVE DOLLARS & 00 CENTS *********************

PAY
TO THE ORDER OF:

SOLITUDE LAKE MANAGEMENT, LLC 1320 BROOKWOOD DRIVE
SUITE H
LITTLE ROCK AR 72202	AUTHORIZED SIGNATURE

PLEA?iE REMIT PAYMENT TO:
1320 8lrookwood Drive Suite H Little Rock, AR 72202
Phon?i# (888)480-5253
Fax #,(888)358-0088

Invoice Number:	PSl227285	
Invoice Date:	1/'1/2026	

 ,.		,_,
Ship Date	1/01/2026	
Due Date	1/31/2026	
Terms
-	Net 30	

·-
Order Qty

Quantity
Unit P:?ceI

Total Price
i-1-te_m_,_o,?e-sc_r_ip-ti_o_n	,:_,?

'
Annual Maintenance	1
January Billing
1/1/2026-1/31/2026
Poinci?na West Community Dev. Di?;!.- Lake Maintenance
1-4 l 4-A• ·l 5-16) 16A l ,,• ..I ,_1•-)L ·) 1 P1-06 ;	9A, 19B	I
i
1
6,056.00
6,056.00

	

PLEASE REMIT PAYMENT TO:
1320 Brookwood Drive Suite H Little Rock, AR 72202 Phone# (888)480-5253
Fax# (888)358-0088
Invoice Number:	PSl233952	
Invoice Date:	2/1/2026	

--	?

Ship Date	2/01/2026	Customer ID	17634	
Due Date	3/03/2026
-··	P.O. Number		
Terms	Net30	P.O. Date		

Item/Description	Order Qty	Quantity	Unit Price	Total Price	
				-	
Annual Maintenance	1	1	6,056.00	6,056.00	
February Billing					
2/1/2026 - 2/28/2026					
Poinciana West Community Dev. Dist.- Lake			
I		
Maintenance					
1-4, 4A, 5-16, 16A, 1T-22, P1-P6, •i9A, 198				

. '	

POINCIANA WEST - GENERAL FUND VENDOR NUMBER/NAME:	 46 POLK INV DATE	INV#	AMOUNT
20260113 197	217.03

COUNTY TAX COLLECTOR DISCOUNT	NET
217.03
1112o/f 11579/2026
CHECK#: 002145 REIMB POSTAGE EXPENSE

POINCIANA WEST - GENERAL FUND VENDOR NUMBER/NAME:	 46 POLK INV DATE	INV#	AMOUNT
20260113 197	217.03

COUNTY TAX COLLECTOR DISCOUNT	NET
217.03
(?

2/19/2026
CHECK#: 002145 REIMB POSTAGE EXPENSE

TOTAL	$217.03

POINCIANA WEST
COMMUNITY DEVELOPMENT DISTRICT 6200 LEE VISTA BLVD STE 300
ORLANDO, FL 32822

SUNTRUST BANK, NA CELEBRATION, FL

DATE
002145
63-607/670
AMOUNT
407-841-5524
2/19/2026
$217.03*
TWO HUNDRED SEVENTEEN DOLLARS & 03 CENTS **********************************

PAY
TO THE ORDER OF:

POLK COUNTY TAX COLLECTOR ATTN: FINANCE
430 E. MAIN ST

BARTOW FL 33830	AUTHORIZED SIGNATURE

POINCIANA WEST MAINT FEE	01/13/2026	197	$0.00	01/13/2026	$217.03

Reimbursement of Postage Expense	1.00	$217.030000	EACH	$217.03	$0.00	$0.00	$217.03

Note:
Please remit payment via ACH or check to the address belowAI ,-1\J: Finance. For further information, please contact 863.534.4719

• • • • • • • • • • • • • • • • • •• • • •• • • • •• • • • •• • • • • :}< DETP.GH r,ND RETURN THE PORTION BELOW WITH YOUR P/1YMENT?
Polk County Tax Collector 430 E. Main St.

Invoice
Remit Portion
Bartow, FL 33830
863-534-4719
Invoice Date Invoice Number
01/13/2026

197

POINCIANA WEST MAINT FEE
Katie Costa
219 E. Livingston St Orlando, FL 32801
Customer Number	31
Amount Paid

POINCIANA WES'r  -  GENERAL FUl·li)
VENDOR NUMBER/NAME:	 13 I {lINCIANA WEST CDD C/O US BANK INV DA'l'E	INV#	AMOUNT	DISCOUNT	NET
2/24/2026
CHECK#:  080037
20260224  TAX REC	113,251.12	113,251.12	TRANSFER OF TAX RECEIPTS

POINCIANA  WEST  -  GENERAL YUl'D
VENDOR NUMBER/NAME?		 L:', Y'OXNCIANA WEST INV	DA'I'E	INV#		ANOIW;•r	DISCC•UNT 20260224 TAX REC	113,251, 12
2/24/:2026
CDD C/O	US BANK	CHECK#:  080037
NET
113,251.12	TRANSFER OF TAX RECEIPTS

! •

to·rAL	$113,251.12

POINCIANA  WEST  CDD  -  AUTOPAY
080037

DA'l'll
2/24/2026
AMOUNT
$113,251.12*
ONE HUNDRED THIRTEEN 'l'H(HJSAND TWO HUNDRED FIFTY-mm DOLLARS & 12	CENTS	****

PAY
TO THE ORDER OF:

POINCIANA WEST COD C/11. ·c;F' BANK SERIES 2017 •

AUTHORIZED SIGNATURE

Poiudana West
Com·,w ;nH··•i Development District Special Assessment Receipt<; Fl.srnl Y·,c'al' 2026

MAINTE1),j\NCEASSESSMENTS
Gross A:,sessmen ts $
Certified NetAssessments $
309,892.77
288,200.28
100.00%

11/10/25	10/20-10/21	$	4,621.96	$	230.76	$	87,83		$	4,303.37	$	4,303.37	
11/14/25	10/1-10/31	$	3,350.26	$	131;,28	$	64,48		$	3,159.50	$	3,159.50	
11/21/25	11/1-11/07	$	39,925.95	$	1,5%,47	$	766,59		$	37,562.89	$	37,562,89	
11/26/25	11/8-11/15	$	31,903,47	$	1,275.66	$	612,56		$	30,015.25	$	30,015.25	
12/08/25	11/16-11/25	$	6?.,9gl.H	$	2,539.33	$	1,209.09		$	59,245.72	$	59,245.72	
12/19/25	11/26-11/30	$	117,5,9,10	$	4,699.80	$	2,256,79		$	110,582.51	$	110,582.51	
12/31/25	12/1-12/15	$	17,!i'i!!.56	$	671.01	$	344.55		$	16,883.00	$	16,883.00	
01/09/26	12/16-12/?;	$	8,7; ).90	$	266.06	$	169.09		$	8,285.75	$	8,285.75	
01/29/26	Interest				$	2,237.35	$	2,237.35	$	2,237.35	
02/12/26	1/1-1/31	$	6,3<) 1.82	$	129 ;,3	$	125,27		$	6,137.92	$	6,137.92	
	$	$						
	$	$						
	$	$						
	$	$						
	$	$						
	$	$						
Total Collected 	$		293,310;?.L.  11,54-?, iJ0  $	5,636.25  $	2,237.35  $	278,413,26  $	278,413.26 
Percentage Collected	91°1.

Gross-Assessments $  1,104,707.22
DEBT SERVICE ASSESSMENTS	Certified NetAssessments  $  1,027,377.71

11/10/25	10/20-10/21	$	17,0b),83	$	849.20	$	323.19	$	15,836.44	$	15,836.44	
11/14/25	10/1-10/31	$	9,6ll.12	$	384.43	$	184.55	$	9,043.14	$	9,043.14	
11/21/25	11/1-11/07	$	136,629.42	$	5,464.24	$	2,623.30	$	128,541.88	$	128,541.88	
11/26/25	11/8-11/15	$	111,22:'.%	$	4,448.29	$	2,135.55	$	104,642.12	$	104,642.12	
12/8/25	11/16-11/25	$	225,6•,t:.0,t,	$	9,099.74	$	4,330.81	$	212,209.49	$	212,209.49	
12/19/25	11/26-11/30	$	424,31h' ,J4	$	16,969.44	$	8,146.74	$	399,190.26	$	399,190.26	
12/31/25	12/1-12/15	$	64,4'l:rn5	$	2,421.40	$	1,241.45	$	60,831.00	$	60,831.00	
1/9/26	12/16-12/31	$	32,0')?"9?	$	97f!.68	$	622.29	$	30,492.02	$	30,492.02	
1/29/26	lnterest				$	$	
2/12/26	1/1-1/31	$	.!2,B: i.0fi	$	J,,3.47	$	44-7.51	$	21,928.10	$	21,928.10	
1/0/00,	0				$	$	
1/0/00	0				$	$	
1/0/00	0				$	$	
1/0/00	0				$	$	
1/0/00	0	
 				$
$ 	$
 $		
 Total Collected	$	1,043,8• 1,73 $ 	•t!,Q.?0,a9  $	20,055;39 $	$ 	987 ?14.45  $	982,714.45  Percentage Collected								96%

.,_,_,._
	
Net Amount	Assessments	Assessments	Amount
 Assessed	Collected	TransferrPJ	To be Trans.	

Debt Service 2017	$	1,027,377.71  $	982,714.45  $

(869;>63.33)[1	113,251.121	
V# 13	001.300,20700.10000
TRANSFERS TO DEHT SERVICE				
10/16/25		$	11,C. ;_94	Debt Svc 1 o/c c,dmin fee	
12/3/25	Wire	$	24 7,r; t 9,64		
12/9/25	Wire	$	212,2, 9.49		
12/30/25	Wire	$	399,l' u.26		

	TOTAL		$	 869,4,,iI"J
Payment Details
GOVERNMENTAL MANAGEMENT SERVICES SOUiH FLORIDA LLC-
3000339014
PAYMENT ID: 187	AUDIT INFORMATION
115 of 157
TRUIST

ACH Company ACH Company ID From Account

From Account ID Payment Type
Same Day Value Date Batch Status Entry Method Template
Tnum

POINCIANA WEST C 1030610585 POINCIANA WEST
COMMUNITY
DEVELOPMEN

At;H - Gasn uIsbursement (CR)
No 02/25/2026
Approved
Created from Template PWUSBank / US Bank Tax Rec
13720572

APPROVED ENTERED
Timestamp
02/24/202610:51:19 AM

02/24/2026 10:51:12 AM
User ID	Company
PATTl4019273Q308590	3000339014
0
PATTl40192730308590	3000339014
0

Beneficiary tJnme	Bene ID	1
Cr,. d1V\Debit)	ABA	Acct No.	Type	Status	PmntlD	Trace ID	
US Bank		1 3,251.12	091000022		Checking	Entered	443448		
							274		
Addenda:	Poinciana West COO 2017, 274037000 Rev .",··..t

Batch Totals	1'!3,251.12	Credits - 1
0.00	(Debits) - o
Prenotes - O

Continued

GOVERNMENTAL MANAGEMENT SERVICES	User:.PATTl401927303085900	Report Generated:02/24/2026 10:51:45 AM	Page 1 of 25
116 of 157

Section 2
117 of 157

Poinciana West
Community Development District

Unaudited Financial Reporting
February 28, 2026
Table of Contents

1		Balance Sheet	

2-3	
	General Fund	

4	
	Debt Service Fund Series 2017	

5-6	
	Month to Month	

7	
	Long Term Debt Report	

8	
	Assessment Receipt Schedule	

9	
	Investments Schedule	

10	
	Check Register Summary	
Poinciana West
Community Development District Combined Balance Sheet February 28, 2026

Assets:
Cash:
Operating Account	

$	33,666	

$	

-		

$	

33,666	
Due from General Fund	-			-		-	

Investments:
State Board of Administration (SBA)	

6,975	-	

6,975					
Money Market Account	717,316	-	717,316					
FLClass	251,954	-	251,954					
Bank United CD 12MT	-	-	-					
Series 2017R-1 & R-2 Reserve R-1	

-	396,533	

396,533					
Reserve R-2	-	123,129	123,129					
Revenue	-	1,089,890	1,089,890					
Prepayment R-1	-	8,572	8,572					
Prepayment R-2	-	2,259	2,259					
Total Assets	$	1,009,911	$	1,620,383	$	2,630,294					

Liabilities:
Accounts Payable	

$	-	$	-	

$	-					
Due to Debt Service	-	-	-					
Total Liabilites	$	-	$	-	$	-					
Fund Balance: Restricted for: Debt Service	

$	-	$	1,620,383	

$	1,620,383					
Capital Project	-	-	-					
Assigned for:
Capital Reserve Fund	
-	
-	
-				
Capital Reserves	-	-	-				
Unassigned	1,009,911	-	1,009,911				
Total Fund Balances	$	1,009,911	$	1,620,383	$	2,630,294				
							
Total Liabilities & Fund Balance	$	1,009,911	$	1,620,383	$	2,630,294				
Poinciana West
Community Development District General Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending February 28, 2026

Adopted	Prorated Budget	Actual		
Budget	Thru 02/28/26	Thru 02/28/26	Variance	

Revenues:					
Special Assessments - Tax Roll	$	291,295	$	278,413	$	278,413	$	-	
Interest Income	15,000	1,250	12,893	11,643	
Miscellaneous Revenue	-	-	26,158	26,158	
Total Revenues	$	306,295	$	279,663	$	317,464	$	37,801	

Expenditures:					
General & Administrative:					
Supervisor Fees	$	6,000	$	2,500	$	1,000	$	1,500	
PR-FICA	459	-	191	77	115	
Engineering	15,000	6,250	-	6,250	
Attorney	25,000	10,417	2,470	7,947	
Annual Audit	3,500	-	-	-	
Assessment Administration	5,250	5,250	5,250	-	
Arbitrage Rebate	450	188	-	188	
Dissemination Agent	3,785	1,577	1,577	(0)	
Trustee Fees	4,256	1,773	-	-	
Management Fees	44,558	18,566	18,566	(0)	
Information Technology	1,339	558	558	0	
Website Maintenance	893	372	372	(0)	
Postage & Delivery	1,000	417	711	(294)	
Insurance General Liability/Public Officials	5,500	5,500	5,512	(12)	
Printing & Binding	500	208	3	205	
Legal Advertising	2,500	1,042	-	1,042	
Other Current Charges	2,400	1,000	1,151	(151)	
Office Supplies	200	83	-	83	
Property Appraiser	3,100	3,100	3,099	1	
Dues, Licenses & Subscriptions	175	175	175	-	
Total General & Administrative	$	125,865	$	59,167	$	40,781	$	16,613	
Poinciana West
Community Development District General Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending February 28, 2026

Adopted	Prorated Budget	Actual		
Budget	Thru 02/28/26	Thru 02/28/26	Variance	

Operations & Maintenance					
Grounds Maintenance
Field Services	

$	11,474	

$	4,781	
$	4,781	

$	(0)	
Landscape Maintenance	69,476	28,948	28,108	841	
Aquatic Control Maintenance	72,677	30,282	30,281	1	
Aquatic Midge Maintenance	28,946	12,061	12,061	-	
R&M Plant Replacement	3,000	1,250	442	808	
Storm Structure Repairs	10,000	4,167	-	4,167	
Contingency	30,980	12,908	-	12,908	
Capital Outlay	15,000	6,250	-	6,250	
Subtotal Grounds Maintenance	$	241,553	$	100,647	$	75,672	$	24,975	
					
Total Operations & Maintenance	$	241,553	$	100,647	$	75,672	$	24,975	
					
Total Expenditures	$	367,418	$	159,814	$	116,452	$	41,588	
					
Excess (Deficiency) of Revenues over Expenditures	$	(61,123)	$	119,850	$	201,012	$	79,389	

Other Financing Sources/(Uses):					
Transfer In/(Out)	$	-	$	-	$	-	$	-	
Total Other Financing Sources/(Uses)	$	-	$	-	$	-	$	-	
					
Net Change in Fund Balance	$	(61,123)	$	119,850	$	201,012	$	79,389	
					
Fund Balance - Beginning	$	61,123		$	808,899		
					
Fund Balance - Ending	$	-		$	1,009,911		
Poinciana West
Community Development District
Debt Service Fund Series 2017R-1 & 2017R-2
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending February 28, 2026

Adopted	Prorated Budget	Actual		
Budget	Thru 02/28/26	Thru 02/28/26	Variance	

Revenues:					
Special Assessments - Tax Roll	$	1,040,361	$	982,714	$	982,714	$	-	
Special Assessments - Prepayments	-	-	10,774	10,774	
Interest Income	-	-	9,909	9,909	
Total Revenues	$	1,040,361	$	982,714	$	1,003,397	$	20,683	

Expenditures:					
Series 2017R-1
Interest - 11/1	

$	148,427	

$	148,427	

$	148,427	

$	0	
Special Call - 11/1	-	-	20,000	(20,000)	
Principal - 5/1	480,000	-	-	-	
Interest - 5/1	148,427	-	-	-	
Special Call - 5/1	-	-	-	-	
Series 2017R-2
Interest - 11/1	

$	50,032	

$	50,032	

$	50,032	

$	0	
Special Call - 11/1	-	-	5,000	(5,000)	
Principal - 5/1	110,000	-	-	-	
Interest - 5/1	50,032	-	-	-	
Special Call - 5/1	-	-	-	-	
Property Appraiser	11,200	-	11,054	(11,054)	
Total Expenditures	$	998,118	$	198,459	$	234,513	$	(36,054)	
					
Excess (Deficiency) of Revenues over Expenditures	$	42,243	$	784,255	$	768,885	$	(15,371)	

Other Financing Sources/(Uses):					
Transfer In/(Out)	$	-	$	-	$	-	$	-	
Total Other Financing Sources/(Uses)	$	-	$	-	$	-	$	-	
					
Net Change in Fund Balance	$	42,243	$	784,255	$	768,885	$	(15,371)	
					
Fund Balance - Beginning	$	295,448		$	851,498		
					
Fund Balance - Ending	$	337,691		$	1,620,383		

	Oct	Nov	Dec	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Total	

Revenues:														
Special Assessments - Tax Roll	$	-	$	75,041  $	186,711  $	10,523	$	6,138	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	278,413	
Interest Income	2,545	2,179	2,412	3,052	2,705	-	-	-	-	-	-	-	12,893					
Property Conveyance Fees	-	-	-	-	-	-	-	-	-	-	-	-	-					
Miscellaneous Revenue	3,558	-	22,600	-	-	-	-	-	-	-	-	-	26,158					
Total Revenues	$	6,104  $	77,220  $	211,723  $	13,575	$	8,843	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	317,464											

Expenditures:														
General & Administrative:														
Supervisor Fees	$	-	$	-	$	-	$	1,000	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	1,000											
PR-FICA	-	-	-	77	-	-	-	-	-	-	-	-	77											
Engineering	-	-	-	-	-	-	-	-	-	-	-	-	-											
Engineering - Pond Damage	-	260	-	-	-	-	-	-	-	-	-	-	260											
Attorney	33	520	-	1,918	-	-	-	-	-	-	-	-	2,470											
Attorney - Pond Damage	-	-	-	-	-	-	-	-	-	-	-	-	-											
Annual Audit	-	-	-	-	-	-	-	-	-	-	-	-	-											
Assessment Administration	5,250	-	-	-	-	-	-	-	-	-	-	-	5,250											
Arbitrage Rebate	-	-	-	-	-	-	-	-	-	-	-	-	-											
Dissemination Agent	315	315	315	315	315	-	-	-	-	-	-	-	1,577											
Trustee Fees	-	-	-	-	-	-	-	-	-	-	-	-	-											
Management Fees	3,713	3,713	3,713	3,713	3,713	-	-	-	-	-	-	-	18,566											
Information Technology	112	112	112	112	112	-	-	-	-	-	-	-	558											
Website Maintenance	74	74	74	74	74	-	-	-	-	-	-	-	372											
Telephone	-	-	-	-	-	-	-	-	-	-	-	-	-											
Postage & Delivery	167	327	-	217	-	-	-	-	-	-	-	-	711											
Insurance General Liability/Public Officials	5,512	-	-	-	-	-	-	-	-	-	-	-	5,512											
Printing & Binding	-	-	-	-	3	-	-	-	-	-	-	-	3											
Legal Advertising	-	-	-	-	-	-	-	-	-	-	-	-	-											
Other Current Charges	487	223	139	184	117	-	-	-	-	-	-	-	1,151											
Office Supplies	-	-	-	-	-	-	-	-	-	-	-	-	-											
Property Appraiser	3,099	-	-	-	-	-	-	-	-	-	-	-	3,099											
Dues, Licenses & Subscriptions	175	-	-	-	-	-	-	-	-	-	-	-	175											
Total General & Administrative	$	18,937  $	5,545  $	4,354  $	7,610	$	4,335	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	40,781											

	Oct	Nov	Dec	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Total	

Operations & Maintenance													
Grounds Maintenance
Field Services	

$	956	

$	956	

$	956	

$	956	

$	956	

$	-	

$	-	

$	-	

$	-	

$	-	

$	-	

$	-	$	4,781	
Landscape Maintenance	5,621	5,621	5,622	5,622	5,622	-	-	-	-	-	-	-	28,108							
Aquatic Control Maintenance	6,056	6,056	6,056	6,056	6,056	-	-	-	-	-	-	-	30,281							
Aquatic Midge Maintenance	2,412	2,412	2,412	2,412	2,412	-	-	-	-	-	-	-	12,061							
R&M Plant Replacement	-	-	-	442	-	-	-	-	-	-	-	-	442							
Storm Structure Repairs	-	-	-	-	-	-	-	-	-	-	-	-	-							
Contingency	-	-	-	-	-	-	-	-	-	-	-	-	-							
Capital Outlay	-	-	-	-	-	-	-	-	-	-	-	-	-							
Subtotal Grounds Maintenance	$	15,046	$	15,046	$	15,046	$	15,488	$	15,046	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	75,672							
													
Total Operations & Maintenance	$	15,046	$	15,046	$	15,046	$	15,488	$	15,046	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	75,672							
													
Total Expenditures	$	15,046	$	20,591	$	19,400	$	23,098	$	19,381	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	116,452							
													
Excess (Deficiency) of Revenues over Expenditures	$	(8,942)	$	56,629	$	192,323	$	(9,523)	$	(10,538)	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	201,012							

Other Financing Sources/Uses:													
Transfer In/(Out)	-	-	-	-	-	-	-	-	-	-	-	-	-							
Total Other Financing Sources/Uses	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-							
													
Net Change in Fund Balance	$	(8,942)	$	56,629	$	192,323	$	(9,523)	$	(10,538)	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	201,012							
125 of 157
Poinciana West
Community Development District Long Term Debt Report

Series 2017-1 Senior Special Assessment Refunding Bonds		
Interest Rate:	2% - 4.3%		
Maturity Date:	5/1/2037		
Reserve Fund Definition	50% of Maximum Annual Debt Service		
Reserve Fund Requirement	$392,337		
Reserve Fund Balance	396,533		

Bonds Outstanding - 12/20/2016	
$11,215,000	
Less: Principal Payment - 5/1/17	($485,000)	
Less: Principal Payment - 5/1/18	($385,000)	
Less: Principal Payment - 5/1/19	($395,000)	
Less: Special Call - 5/1/19	($5,000)	
Less: Principal Payment - 5/1/20	($405,000)	
Less: Special Call - 5/1/20	($15,000)	
Less: Special Call - 11/1/20	($15,000)	
Less: Principal Payment - 5/1/21	($415,000)	
Less: Special Call - 5/1/21	($10,000)	
Less: Special Call - 11/1/21	($15,000)	
Less: Principal Payment - 5/1/22	($425,000)	
Less: Special Call - 5/1/22	($15,000)	
Less: Special Call - 11/1/22	($20,000)	
Less: Principal Payment - 5/1/23	($435,000)	
Less: Principal Payment - 5/1/24	($450,000)	
Less: Special Call - 5/1/24	($10,000)	
Less: Special Call - 11/1/24	($10,000)	
Less: Principal Payment - 5/1/25	($465,000)	
Less: Special Call - 5/1/25	($15,000)	
Less: Special Call - 11/1/25	($20,000)	
Current Bonds Outstanding	$7,205,000	

Series 2017-2 Subordinate Special Assessment Refunding Bonds		
Interest Rate:	5.375% - 5.7%		
Maturity Date:	5/1/2037		
Reserve Fund Definition	50% of Maximum Annual Debt Service		
Reserve Fund Requirement	$121,826		
Reserve Fund Balance	123,129		

Bonds Outstanding - 12/20/2016	
$2,945,000	
Less: Principal Payment - 5/1/17	($125,000)	
Less: Principal Payment - 5/1/18	($80,000)	
Less: Principal Payment - 5/1/19	($85,000)	
Less: Special Call - 5/1/19	($35,000)	
Less: Principal Payment - 5/1/20	($90,000)	
Less: Special Call - 5/1/20	($30,000)	
Less: Special Call - 11/1/20	($5,000)	
Less: Principal Payment - 5/1/21	($90,000)	
Less: Special Call - 5/1/21	($25,000)	
Less: Special Call - 11/1/21	($5,000)	
Less: Principal Payment - 5/1/22	($95,000)	
Less: Special Call - 11/1/22	($5,000)	
Less: Special Call - 5/1/22	($40,000)	
Less: Principal Payment - 5/1/23	($100,000)	
Less: Special Call - 5/1/23	($40,000)	
Less: Principal Payment - 5/1/24	($100,000)	
Less: Special Call - 5/1/24	($5,000)	
Less: Special Call - 11/1/24	($5,000)	
Less: Principal Payment - 5/1/25	($110,000)	
Less: Special Call - 5/1/25	($85,000)	
Less: Special Call - 11/1/25	($5,000)	
Current Bonds Outstanding	$1,785,000	

Poinciana West
Community Development District Special Assessment Receipts Fiscal Year 2026
126 of 157

MAINTENANCE ASSESSMENTS	Gross Assessments  $
Certified Net Assessments $
309,892.74
288,200.25
Gross Assessments	Net Assessments
Date	Distribution	Received	Discounts/Penalties  Commissions Paid  Interest Income	Received	General Fund		
$	-
11/10/25	10/20-10/21	$	4,621.96	$230.76	$87.83	$	4,303.37
11/14/25	10/1-10/31	$	3,358.26	$134.28	$64.48	$	3,159.50
11/21/25	11/1-11/07	$	39,925.95	$1,596.47	$766.59	$	37,562.89
11/26/25	11/8-11/15	$	31,903.47	$1,275.66	$612.56	$	30,015.25
12/08/25	11/16-11/25	$	62,994.14	$2,539.33	$1,209.09	$	59,245.72
12/19/25	11/26-11/30	$	117,539.10  $	4,699.80  $	2,256.79	$	110,582.51
12/31/25	12/1-12/15	$	17,898.56  $	671.01  $	344.55	$	16,883.00
1/9/26	12/16-12/31	$8,720.90  $	266.06  $	169.09	$	8,285.75
1/29/26	Interest	$	2,237.35  $	2,237.35
2/12/26	1/1-1/31	$6,392.82  $	129.63  $	125.27	$	6,137.92
$	-
$	-
$	-	$	-
$	4,303.37
$	3,159.50
$	37,562.89
$	30,015.25
$	59,245.72
$	110,582.51
$	16,883.00
$	8,285.75
$	2,237.35
$	6,137.92
$	-
$	-
$	-	
Total Collected	$	293,355.16  $	11,543.00  $	5,636.25  $	2,237.35  $	278,413.26  $	278,413.26		
Percentage Collected	97%		

DEBT SERVICE ASSESSMENTS	Gross Assessments  $
Certified Net Assessments $
1,104,707.22
1,027,377.71
Gross Assessments	Net Assessments
Date	Distribution	Received	Discounts/Penalties  Commissions Paid  Interest Income	Received	Debt Service Fund		
$	-
11/10/25	10/20-10/21	$	17,008.83	$849.20	$323.19	$	15,836.44
11/14/25	10/1-10/31	$	9,612.12	$384.43	$184.55	$	9,043.14
11/21/25	11/1-11/07	$	136,629.42	$5,464.24	$2,623.30	$	128,541.88
11/26/25	11/8-11/15	$	111,225.96	$4,448.29	$2,135.55	$	104,642.12
12/8/25	11/16-11/25	$	225,640.04	$9,099.74	$4,330.81	$	212,209.49
12/19/25	11/26-11/30	$	424,306.44  $	16,969.44  $	8,146.74	$	399,190.26
12/31/25	12/1-12/15	$	64,493.85  $	2,421.40  $	1,241.45	$	60,831.00
01/09/26	12/16-12/31	$	32,092.99  $	978.68  $	622.29	$	30,492.02
01/29/26	Interest	$	-
02/12/26	1/1-1/31	$	22,839.08  $	463.47  $	447.51	$	21,928.10
$	-
$	-
$	-	$	-
$	15,836.44
$	9,043.14
$	128,541.88
$	104,642.12
$	212,209.49
$	399,190.26
$	60,831.00
$	30,492.02
$	-
$	21,928.10
$	-
$	-
$	-	
Total Collected	$	1,043,848.73  $	41,078.89  $	20,055.39  $	-	$	982,714.45  $	982,714.45		
Percentage Collected	96%		
Poinciana West
Community Development District Investment Summary

Institution	
Transfer Dates	
Transfer Amounts	Current Balances as of 2/28/26	
Investment Type	
Maturity Dates	Current Interest Rates	

Florida Prime (SBA)			
$	6,974.86	
Florida Government Investment Pool	
N/A	
3.84%	
FLClass			$  251,953.71	Florida Government Investment Pool	N/A	3.74%	
Bank United			$  717,315.85	Money Market Account	N/A	3.40%	
							
			$  976,244.42	Total Invested Balance			

Section 3
129 of 157

Meeting
Assigned	Action Item	Assigned To	Status	
Comments	

09.17.2025	

Select District Engineer		

Completed	Dewberry proposal approved 01.21.2026. Fully executed agreemet received 01.28.2026. Work Authorization for Annual Engineer's
Inspection	
09.17.2025	Review Investment Options	DM/Chair	Ongoing	
To be reviewed 03.18.2026	

01.26.2026	
Letter to Bel Aire property owners	
DM		Letter to cease and desist maintenance activities on CDD property	

01.26.2026	

Review of HOA Improvements on CDD Tracts	

DM/Counsel	

Ongoing	Communicate with HOA regarding maintenance assignment/license agreement. Electronic Mail message sent 01.23.2026. A follow up message was sent 03.11.2026.	

					

					

130 of 157

Section 4
131 of 157

Poinciana West
Community Development District

Unaudited Financial Reporting
September 30, 2025
Table of Contents

1		Balance Sheet	

2-3	
	General Fund	

4	
	Debt Service Fund Series 2017	

5-6	
	Month to Month	

7	
	Long Term Debt Report	

8	
	Assessment Receipt Schedule	

9	
	Investments schedule	

10	
	Check Register Summary	
Poinciana West
Community Development District Combined Balance Sheet September 30, 2025

	General Fund	Debt Service Fund		Totals Governmental Funds	

Assets:
Cash:
Operating Account	

$	9,300	

$	-	

$	

9,300	
Assessments Receivable Due from Debt Service Due from Other
Due from General Fund	-
-
-
-	-
-
-
-		-
-
-
-	
Investments:
State Board of Administration (SBA)	

66,732	

-		

66,732	
Money Market Account Bank United CD 12MT	756,763
-	-
-		756,763
-	
Series 2017R-1 & R-2 Reserve R-1	

-	

398,321		

398,321	
Reserve R-2	-	123,684		123,684	
Revenue	-	317,578		317,578	
Prepayment R-1	-	9,249		9,249	
Prepayment R-2	-	2,666		2,666	
Total Assets	$	832,795	$	851,498	$	1,684,293	

Liabilities:
Accounts Payable	

$	19,692	

$	-	

$	

19,692	
Due to General Fund Due to Debt Service	-
-	-
-		-
-	
Total Liabilites	$	19,692	$	-	$	19,692	
Fund Balance: Restricted for: Debt Service	

$	-	

$	851,498	

$	

851,498	
Capital Project
Assigned for:	-	-		-	
Capital Reserve Fund	-	-	-		
Capital Reserves	-	-	-		
Unassigned	813,102	-	813,102		
Total Fund Balances	$	813,102	$	851,498	$	1,664,601		
					
Total Liabilities & Fund Balance	$	832,795	$	851,498	$	1,684,293		
Poinciana West
Community Development District General Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending September 30, 2025

Adopted	Prorated Budget	Actual		
Budget	Thru 09/30/25	Thru 09/30/25	Variance	

Revenues:					
Special Assessments - Tax Roll	$	291,299	$	291,299	$	293,466	$	2,167	
Interest Income	20,000	20,000	33,404	13,404	
Miscellaneous Revenue	-	-	3,735	3,735	
Total Revenues	$	311,299	$	311,299	$	330,605	$	19,306	

Expenditures:					
General & Administrative:					
Supervisor Fees	$	6,000	$	6,000	$	3,800	$	2,200	
PR-FICA	459	-	459	291	168	
Engineering	15,000	15,000	1,938	13,062	
Engineering - Pond Damage	-	-	2,500	(2,500)	
Attorney	20,000	20,000	19,629	372	
Attorney - Pond Damage	-	-	7,420	(7,420)	
Annual Audit	3,800	3,800	3,400	400	
Assessment Administration	5,250	5,250	5,250	-	
Arbitrage Rebate	450	450	450	-	
Dissemination Agent	3,675	3,675	3,675	-	
Trustee Fees	4,256	4,256	4,256	-	
Management Fees	43,260	43,260	43,260	-	
Information Technology	1,300	1,300	1,300	0	
Website Maintenance	867	867	867	-	
Postage & Delivery	750	750	829	(79)	
Insurance General Liability/Public Officials	5,500	5,500	5,200	300	
Printing & Binding	800	800	143	657	
Legal Advertising	2,500	2,500	1,649	851	
Other Current Charges	2,400	2,400	2,092	308	
Office Supplies	200	200	35	165	
Property Appraiser	3,100	3,100	-	3,100	
Dues, Licenses & Subscriptions	175	175	175	-	
Total General & Administrative	$	119,742	$	119,742	$	108,158	$	11,584	
Poinciana West
Community Development District General Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending September 30, 2025

Adopted	Prorated Budget	Actual		
Budget	Thru 09/30/25	Thru 09/30/25	Variance	

Operations & Maintenance					
Grounds Maintenance
Field Services	

$	11,140	

$	11,140	
$	11,140	

$	0	
Landscape Maintenance	68,449	68,449	66,455	1,994	
Aquatic Control Maintenance	69,210	69,210	69,882	(672)	
Aquatic Midge Maintenance	27,307	27,307	27,307	-	
R&M Plant Replacement	3,000	3,000	-	3,000	
Storm Structure Repairs	10,000	10,000	-	10,000	
Contingency	20,000	20,000	13,483	6,517	
Capital Outlay	15,000	15,000	6,205	8,795	
Subtotal Grounds Maintenance	$	224,106	$	224,106	$	194,472	$	29,634	
					
Total Operations & Maintenance	$	224,106	$	224,106	$	194,472	$	29,634	
					
Total Expenditures	$	343,848	$	343,848	$	302,631	$	41,217	
					
Excess (Deficiency) of Revenues over Expenditures	$	(32,549)	$	(32,549)	$	27,974	$	60,523	

Other Financing Sources/(Uses):					
Transfer In/(Out)	$	-	$	-	$	-	$	-	
Total Other Financing Sources/(Uses)	$	-	$	-	$	-	$	-	
					
Net Change in Fund Balance	$	(32,549)	$	(32,549)	$	27,974	$	60,523	
					
Fund Balance - Beginning	$	32,549		$	785,128		
					
Fund Balance - Ending	$	0		$	813,102		
Poinciana West
Community Development District
Debt Service Fund Series 2017R-1 & 2017R-2
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending September 30, 2025

Adopted	Prorated Budget	Actual		
Budget	Thru 09/30/25	Thru 09/30/25	Variance	

Revenues:					
Special Assessments - Tax Roll	$	1,040,361	$	1,040,361	$	1,045,702	$	5,341	
Special Assessments - Prepayments	-	-	17,285	17,285	
Interest Income	-	-	31,754	31,754	
Total Revenues	$	1,040,361	$	1,040,361	$	1,094,740	$	54,379	

Expenditures:					
Series 2017R-1
Interest - 11/1	

$	157,071	

$	157,071	

$	157,071	

$	-	
Special Call - 11/1	-	-	10,000	(10,000)	
Principal - 5/1	465,000	465,000	465,000	-	
Interest - 5/1	157,071	157,071	156,863	208	
Special Call - 5/1	-	-	15,000	(15,000)	
Series 2017R-2
Interest - 11/1	

$	55,504	

$	55,504	

$	55,504	

$	-	
Special Call - 11/1	-	-	5,000	(5,000)	
Principal - 5/1	110,000	110,000	110,000	-	
Interest - 5/1	55,504	55,504	55,362	143	
Special Call - 5/1	-	-	85,000	(85,000)	
Property Appraiser	11,200	11,200	-	11,200	
Total Expenditures	$	1,011,350	$	1,011,350	$	1,114,800	$	(103,450)	
					
Excess (Deficiency) of Revenues over Expenditures	$	29,011	$	29,011	$	(20,060)	$	(49,071)	

Other Financing Sources/(Uses):					
Transfer In/(Out)	$	-	$	-	$	-	$	-	
Total Other Financing Sources/(Uses)	$	-	$	-	$	-	$	-	
					
Net Change in Fund Balance	$	29,011	$	29,011	$	(20,060)	$	(49,071)	
					
Fund Balance - Beginning	$	338,409		$	871,558		
					
Fund Balance - Ending	$	367,420		$	851,498		

Revenues:

Special Assessments - Tax Roll	$	-	$	76,838	$	185,325	$	6,604	$	8,173	$	5,076	$	8,894	$	794	$	1,762	$	-	$	-	$	-	$	293,466	
Interest Income	3,033	1,996	3,687	1,957	1,770	3,632	2,097	2,587	2,412	2,401	5,132	2,701	33,404	
Property Conveyance Fees	-	-	-	-	-	-	-	-	-	-	-	-	-	
Miscellaneous Revenue	688	2,913	-	134	-	-	-	-	-	-	-	-	3,735	
Total Revenues	$	3,721	$	81,747	$	189,012	$	8,695	$	9,943	$	8,708	$	10,991	$	3,380	$	4,174	$	2,401	$	5,132	$	2,701	$	330,605	

Expenditures:														
General & Administrative:														
Supervisor Fees	$	-	$	600	$	-	$	-	$	600	$	600	$	-	$	-	$	800	$	-	$	-	$	1,200	$	3,800	
PR-FICA	-	46	-	-	46	46	-	-	61	-	-	92	291	
Engineering	-	-	-	-	-	1,263	-	-	-	675	-	-	1,938	
Engineering - Pond Damage	-	-	-	1,500	-	-	-	-	1,000	-	-	-	2,500	
Attorney	488	4,481	800	4,157	-	2,178	98	163	325	1,398	1,357	4,187	19,629	
Attorney - Pond Damage	-	-	1,950	-	-	3,520	618	163	163	553	-	455	7,420	
Annual Audit	-	-	-	-	3,400	-	-	-	-	-	-	-	3,400	
Assessment Administration	5,250	-	-	-	-	-	-	-	-	-	-	-	5,250	
Arbitrage Rebate	-	-	-	-	450	-	-	-	-	-	-	-	450	
Dissemination Agent	306	306	306	306	306	306	306	306	306	306	306	306	3,675	
Trustee Fees	-	-	-	-	-	-	-	4,256	-	-	-	-	4,256	
Management Fees	3,605	3,605	3,605	3,605	3,605	3,605	3,605	3,605	3,605	3,605	3,605	3,605	43,260	
Information Technology	108	108	108	108	108	108	108	108	108	108	108	108	1,300	
Website Maintenance	72	72	72	72	72	72	72	72	72	72	72	72	867	
Telephone	-	-	-	-	-	-	-	-	-	-	-	-	-	
Postage & Delivery	24	124	1	208	305	-	6	161	-	-	-	-	829	
Insurance General Liability/Public Officials	5,200	-	-	-	-	-	-	-	-	-	-	-	5,200	
Printing & Binding	-	-	1	-	121	5	17	-	-	-	-	-	143	
Legal Advertising	280	593	-	-	-	-	-	-	(280)	675	-	381	1,649	
Other Current Charges	257	71	135	95	110	104	101	450	188	199	191	190	2,092	
Office Supplies	0	-	10	-	10	-	-	15	-	-	-	-	35	
Property Appraiser	-	-	-	-	-	-	-	-	-	-	-	-	-	
Dues, Licenses & Subscriptions	175	-	-	-	-	-	-	-	-	-	-	-	175	
Total General & Administrative	$	15,765	$	10,007	$	6,988	$	10,052	$	9,133	$	11,807	$	4,930	$	9,298	$	6,349	$	7,592	$	5,640	$	10,597	$	108,158	

	Oct	Nov	Dec	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Total	

Operations & Maintenance														
Grounds Maintenance
Field Services	

$	928	

$	928	

$	928	

$	928	

$	928	

$	928	

$	928	

$	928	

$	928	

$	928	

$	928	

$	928	

$	11,140	
Landscape Maintenance	5,538	5,538	5,538	5,538	5,538	5,538	5,538	5,538	5,538	5,538	5,538	5,538	66,455	
Aquatic Control Maintenance	5,824	5,824	5,824	5,824	5,824	5,824	5,824	5,824	5,824	5,824	5,824	5,824	69,882	
Aquatic Midge Maintenance	2,276	2,276	2,276	2,276	2,276	2,276	2,276	2,276	2,276	2,276	2,276	2,276	27,307	
R&M Plant Replacement	-	-	-	-	-	-	-	-	-	-	-	-	-	
Storm Structure Repairs	-	-	-	-	-	-	-	-	-	-	-	-	-	
Contingency	-	-	-	529	-	-	-	-	6,205	50	-	6,698	13,483	
Capital Outlay	-	-	-	-	-	-	6,205	-	-	-	-	-	6,205	
Subtotal Grounds Maintenance	$	14,565	$	14,565	$	14,565	$	15,095	$	14,565	$	14,565	$	20,770	$	14,565	$	20,770	$	14,616	$	14,565	$	21,264	$	194,472	
														
Total Operations & Maintenance	$	14,565	$	14,565	$	14,565	$	15,095	$	14,565	$	14,565	$	20,770	$	14,565	$	20,770	$	14,616	$	14,565	$	21,264	$	194,472	
														
Total Expenditures	$	30,330	$	24,572	$	21,553	$	25,147	$	23,699	$	26,372	$	25,701	$	23,864	$	27,120	$	22,207	$	20,205	$	31,861	$	302,631	
														
Excess (Deficiency) of Revenues over Expenditures	$	(26,610)	$	57,175	$	167,459	$	(16,451)	$	(13,756)	$	(17,665)	$	(14,710)	$	(20,483)	$	(22,946)	$	(19,806)	$	(15,073)	$	(29,159)	$	27,974	

Other Financing Sources/Uses:														
Transfer In/(Out)	-	-	-	-	-	-	-	-	-	-	-	-	-	
Total Other Financing Sources/Uses	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	
														
Net Change in Fund Balance	$	(26,610)	$	57,175	$	167,459	$	(16,451)	$	(13,756)	$	(17,665)	$	(14,710)	$	(20,483)	$	(22,946)	$	(19,806)	$	(15,073)	$	(29,159)	$	27,974	
139 of 157
Poinciana West
Community Development District Long Term Debt Report

Series 2017-1 Senior Special Assessment Refunding Bonds		
Interest Rate:	2% - 4.3%		
Maturity Date:	5/1/2037		
Reserve Fund Definition	50% of Maximum Annual Debt Service		
Reserve Fund Requirement	$392,337		
Reserve Fund Balance	398,321		

Bonds Outstanding - 12/20/2016	
$11,215,000	
Less: Principal Payment - 5/1/17	($485,000)	
Less: Principal Payment - 5/1/18	($385,000)	
Less: Principal Payment - 5/1/19	($395,000)	
Less: Special Call - 5/1/19	($5,000)	
Less: Principal Payment - 5/1/20	($405,000)	
Less: Special Call - 5/1/20	($15,000)	
Less: Special Call - 11/1/20	($15,000)	
Less: Principal Payment - 5/1/21	($415,000)	
Less: Special Call - 5/1/21	($10,000)	
Less: Special Call - 11/1/21	($15,000)	
Less: Principal Payment - 5/1/22	($425,000)	
Less: Special Call - 5/1/22	($15,000)	
Less: Special Call - 11/1/22	($20,000)	
Less: Principal Payment - 5/1/23	($435,000)	
Less: Principal Payment - 5/1/24	($450,000)	
Less: Special Call - 5/1/24	($10,000)	
Less: Special Call - 11/1/24	($10,000)	
Less: Principal Payment - 5/1/25	($465,000)	
Less: Special Call - 5/1/25	($15,000)	
Current Bonds Outstanding	$7,225,000	

Series 2017-2 Subordinate Special Assessment Refunding Bonds		
Interest Rate:	5.375% - 5.7%		
Maturity Date:	5/1/2037		
Reserve Fund Definition	50% of Maximum Annual Debt Service		
Reserve Fund Requirement	$121,826		
Reserve Fund Balance	123,684		

Bonds Outstanding - 12/20/2016	
$2,945,000	
Less: Principal Payment - 5/1/17	($125,000)	
Less: Principal Payment - 5/1/18	($80,000)	
Less: Principal Payment - 5/1/19	($85,000)	
Less: Special Call - 5/1/19	($35,000)	
Less: Principal Payment - 5/1/20	($90,000)	
Less: Special Call - 5/1/20	($30,000)	
Less: Special Call - 11/1/20	($5,000)	
Less: Principal Payment - 5/1/21	($90,000)	
Less: Special Call - 5/1/21	($25,000)	
Less: Special Call - 11/1/21	($5,000)	
Less: Principal Payment - 5/1/22	($95,000)	
Less: Special Call - 11/1/22	($5,000)	
Less: Special Call - 5/1/22	($40,000)	
Less: Principal Payment - 5/1/23	($100,000)	
Less: Special Call - 5/1/23	($40,000)	
Less: Principal Payment - 5/1/24	($100,000)	
Less: Special Call - 5/1/24	($5,000)	
Less: Special Call - 11/1/24	($5,000)	
Less: Principal Payment - 5/1/25	($110,000)	
Less: Special Call - 5/1/25	($85,000)	
Current Bonds Outstanding	$1,790,000	

Poinciana West
Community Development District Special Assessment Receipts Fiscal Year 2025
140 of 157

MAINTENANCE ASSESSMENTS	Gross Assessments  $
Certified Net Assessments $
309,892.74
288,200.25
Gross Assessments	Net Assessments
Date	Distribution	Received	Discounts/Penalties  Commissions Paid  Interest Income	Received	General Fund		
11/12/24	10/21-10/21	$	4,383.67  $	220.65  $	83.26	$	4,079.76
11/15/24	10/1-10/31	$	1,305.99  $	52.22  $	25.08	$	1,228.69
11/21/24	11/1-11/07	$	30,970.62  $	1,238.36  $	594.64	$	29,137.62
11/26/24	11/8-11/15	$	45,056.03  $	1,799.36  $	865.13	$	42,391.54
12/6 27	11/16-11/26	$	63,677.71  $	2,543.72  $	1,222.68	$	59,911.31
12/20/24	11/27-11/30	$	111,949.46  $	4,483.46  $	2,149.32	$	105,316.68
12/27/24	12/01-12/15	$	21,262.96  $	755.58  $	410.14	$	20,097.24
01/10/25	12/16-12/31	$	8,079.07  $	898.60  $	576.65  $	1,903.63  $	8,507.45
02/10/25	1/1-1/31	$	6,529.95  $	132.42  $	127.95	$	6,269.58
03/07/25	2/1-2/28	$	5,230.19  $	50.48  $	103.59	$	5,076.12
04/08/25	3/1-3/31	$	9,100.93  $	186.57  $	178.29  $	157.91  $	8,893.98
05/10/25	4/1-4/30	$809.79	$	16.19	$	793.60
06/13/25	5/1-5/31	$576.51	$	11.53	$	564.98
06/23/25	6/2/25	$1,221.41	$	24.43	$	1,196.98	$	4,079.76
$	1,228.69
$	29,137.62
$	42,391.54
$	59,911.31
$	105,316.68
$	20,097.24
$	8,507.45
$	6,269.58
$	5,076.12
$	8,893.98
$	793.60
$	564.98
$	1,196.98	
Total Collected	$	310,154.29  $	12,361.42  $	6,388.88  $	2,061.54  $	293,465.53  $	293,465.53		
Percentage Collected	102%		

DEBT SERVICE ASSESSMENTS	Gross Assessments  $
Certified Net Assessments $
1,106,766.96
1,029,293.27
Gross Assessments	Net Assessments
Date	Distribution	Received	Discounts/Penalties  Commissions Paid  Interest Income	Received	Debt Service Fund		
11/12/24	10/21-10/21	$	16,132.00  $	812.15  $	306.40	$	15,013.45
11/15/24	10/1-10/31	$	4,119.48  $	164.78  $	79.09	$	3,875.61
11/21/25	11/1-11/07	$	105,733.32  $	4,229.07  $	2,030.09	$	99,474.16
11/26/24	11/8-11/15	$	158,940.98  $	6,349.17  $	3,051.84	$	149,539.97
12/6 27	11/16-11/26	$	225,409.30  $	9,006.96  $	4,328.05	$	212,074.29
12/20/24	11/27-11/30	$	405,109.66  $	16,230.19  $	7,777.59	$	381,101.88
12/27/24	12/01-12/15	$	76,874.93  $	2,732.60  $	1,482.85	$	72,659.48
01/10/25	12/16-12/31	$	29,730.99  $	244.34  $	156.69	$	29,329.96
02/10/25	1/1-1/31	$	24,030.30  $	487.67  $	470.85	$	23,071.78
03/07/25	2/1-2/28	$	19,247.20  $	185.35  $	381.24	$	18,680.61
04/08/25	3/1-3/31	$	33,491.61  $	686.58  $	656.10	$	32,148.93
05/10/25	4/1-4/30	$2,293.42	$	45.87	$	2,247.55
06/13/25	5/1-5/31	$2,121.54	$	42.43	$	2,079.11
06/13/25	6/2/25	$4,494.68	$	89.89	$	4,404.79	$	15,013.45
$	3,875.61
$	99,474.16
$	149,539.97
$	212,074.29
$	381,101.88
$	72,659.48
$	29,329.96
$	23,071.78
$	18,680.61
$	32,148.93
$	2,247.55
$	2,079.11
$	4,404.79	
Total Collected	$	1,107,729.41  $	41,128.86  $	20,898.98  $	-	$	1,045,701.57  $	1,045,701.57		
Percentage Collected	102%		
Community Development District Investment Summary

Institution	

Transfer Dates	

Transfer Amounts	
Current Balances as of 9/30/25	

Investment Type	

Maturity Dates	
Current Interest Rates	

Florida Prime (SBA)			
$  66,732.12	
Florida Government Investment Pool	
N/A	
4.39%	
							
Bank United			$ 756,762.92	Money Market Account	N/A	3.40%	
							
			$ 823,495.04	Total Invested Balance			
COMMUNITY DEVELOPMENT DISTRICT

Fiscal Year 2025
Check/ACH Register

Date	check #'s	Amount		

9/1-9/30	
80004-80007		
$24,754.88	
	000004		$50,000.00	
	TOTAL		$74,754.88	
09/01/2025 - 09/30/2025 ***	POINCIANA WEST - GENERAL FUND

AUG 25 - GENERAL COUNSEL

AUG 25 - LANDSCAPE MAINT
5,537.94

JUL 25 - ENGINEERING SVCS
675.00

AUG 25 - LAKE MAINTENANCE
5,823.50

TOTAL FOR BANK Z	24,754.88
TOTAL FOR REGISTER	74,754.88

POIW POIN WEST CDD	PPOWERS
AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN 10/29/25	PAGE	1
*** CHECK DATES 09/01/2025 - 09/30/2025 ***	POINCIANA WEST - GENERAL FUND
BANK B MONEY MARKET

CHECK	VEND# DATE	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS					AMOUNT	....CHECK.....
AMOUNT	#	
9/09/25 00042	9/09/25 112160	202509 300-15100-10000	*					50,000.00	

- - - - - - - -	TRANSFER TO STATE BOARD
STATE BOARD OF ADMINISTRATION
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	
-	
-	
-	
-	50,000.00 000004
- - - - - - - - - - - - - -	
	TOTAL FOR BANK B					50,000.00	

POIW POIN WEST CDD	PPOWERS

Section D

Section 1
147 of 157

Poinciana West CDD Field Management Action Items List						
Description	Vendor	Status	Proposal $	Completion	Notes	

Refilling Trench by Skimmer at P-10	

GMS	

Completed	

$265	

Mar. 2026	Refilling trench that was dug during the
clog back in Sept. '25. Alligator sign post straightened.	

Stump Grind (3) Cypress Trees at P-2	

Floralawn	

Discussion	

$2,612		Trees were removed in Sept. '25 with
stumps remaining. Proposal now includes installing sod on stump grind areas.	
Clam Stocking for P-21 & 22	GMS	
Discussion	
Pending		Stocking both ponds with freshwater
clams to assist with algae control.	
Gambusia Fish and Shrimp Stocking for P-21, 22, & 2	

GMS	

Discussion	

Pending		and ghost shrimp to create a healthy,
long lasting habitat and assist with midge larva.	

Trench Near Skimmer of P-10

Photo Description:
Trench was filled in along with a small area by the corner of the pond.
Alligator sign was also straightened.

Poinciana West CDD | Joel Blanco – Field Manager| jblanco@gmscfl.com |786-238-9473

Poinciana West CDD | Joel Blanco – Field Manager| jblanco@gmscfl.com |786-238-9473

Poinciana West CDD | Joel Blanco – Field Manager| jblanco@gmscfl.com |786-238-9473

Section 2

Pond#	Date Serviced	Algae	Grasses	Submersed Wee No Treatment Ni Comments	Treatment Used INSPECTED	
				letting grasses grow	1-7/1-27	
2				letting grasses grow	1-7/1-27	
3				letting grasses grow	1-7/1-27	
4		1-27		treated small amount, weather is stressing fish		
4A				letting grasses grow	1-7/1-27	
5	1-27			treated duckweed		
6	1-27			treated duckweed		
7				letting grasses grow	1-7/1-27	
8				letting grasses grow	1-7/1-27	
9				letting grasses grow	1-7/1-27	
10				letting grasses grow	1-7/1-27	
11				letting grasses grow	1-7/1-27	
12				letting grasses grow	1-7/1-27	
13				letting grasses grow	1-7/1-27	
14				letting grasses grow	1-7/1-27	
15				letting grasses grow	1-7/1-27	
16				letting grasses grow	1-7/1-27	
16A					1-7/1-27	
17				letting grasses grow	1-7/1-27	
18				letting grasses grow	1-7/1-27	
19				letting grasses grow	1-7/1-27	
20				letting grasses grow	1-7/1-27	
21				letting grasses grow	1-7/1-27	
22				letting grasses grow	1-7/1-27	
P1					1-7/1-27	
P2					1-7/1-27	
P3					1-7/1-27	
P4					1-7/1-27	
P5					1-7/1-27	
P6					1-7/1-27	
19A				letting grasses grow	1-7/1-27	
19B				letting grasses grow	1-7/1-27	
Poinciana West CDD - February 2026 - Treatment Log

Pond#	Date Serviced	Algae	Grasses	Submersed Wee No Treatment NE	Comments	Treatment Used	INSPECTED		
					Grasses are brown ans				
					dorment			2-3	
					Grasses are brown ans				
2					dorment			2-3	
					Grasses are brown ans				
3					dorment			2-3	
					Grasses are brown ans				
4					dorment			2-3	
					Grasses are brown ans				
4A					dorment			2-3	
					Grasses are brown ans				
5					dorment		2-19		
6	2-4				treated mosq. fern	Flum. Guard	2-19		
					Grasses are brown ans				
7					dorment			2-3	
					Grasses are brown ans				
8					dorment			2-3	
					Grasses are brown ans				
9					dorment			2-3	
					Grasses are brown ans				
10					dorment			2-3	
					Grasses are brown ans				
11					dorment			2-3	
					Grasses are brown ans				
12					dorment			2-3	
					Grasses are brown ans				
13					dorment			2-3	

14					Grasses are brown ans dorment		
N/A		
					Grasses are brown ans				
15					dorment			2-3	
					Grasses are brown ans				
16					dorment			2-3	
					Grasses are brown ans				
16A					dorment			2-3	
					Grasses are brown ans				
17	2-4			Algae and Hydrilla	dorment	XTR/TRI		2-3	
					Grasses are brown ans				
18					dorment		2-16		
					Grasses are brown ans				
19					dorment		2-16		
					Grasses are brown ans				
20					dorment		2-16		
					Grasses are brown ans				
21	2-3	Planktonic			dorment	SeClear	2-16		
					Grasses are brown ans				
22	2-3	Planktonic			dorment	SeClear	2-16		
P1									
P2									
P3									
P4									
PS									
P6									
19A									
19B									
153 of 157

Section 3

Run By: kissasst
All Services By Customer Summary	Page 1 of 1 9:00:29 AM

Poinciana West Community Dev. Dist. (P07800)	Filter Date between 01/01/2026 and 01/31/2026	

Customer	Work Type	Service Item	Service Item	Start Date	End Date	Used	Unit Of
Description	Quantity	Measure	Ponds Treated	

P07800 - Poinciana West Community Dev.	Comfort Pack	KIS2911 - BP Barrier Dist.	

01/20/2026	01/20/2026	0.38	mi	

P07800 - Poinciana West Community Dev.	Municipal Back	KIS1768 - Nat G30 10 lbs per acre Dist.	Pack	

01/28/2026	01/28/2026	3.47	acr
1,2,8	
P07800 - Poinciana West Community Dev.	Municipal Back	KIS1818 - Strike Pellets 10lbs/acre Dist.	Pack	01/28/2026	01/28/2026	0.38	acr
6	

P07800 - Poinciana West Community Dev.	Night Truck	KIS2715 - Biomist 4+4 ATV/ULV Dist.	3.85

01/20/2026	01/20/2026	2.00	mi	
P07800 - Poinciana West Community Dev.	Night Truck	KIS2827 - Biomist 4+4 Truck ULV	01/21/2026	01/21/2026	4.40	mi	
Dist.

6.40

Run By: kissasst
All Services By Customer Summary	Page 1 of 1 8:41:42 AM

Poinciana West Community Dev. Dist. (P07800)	Filter Date between 02/01/2026 and 02/28/2026	

Customer	Work Type	Service Item	Service Item	Start Date	End Date	Used	Unit Of
Description	Quantity	Measure	Ponds Treated	

P07800 - Poinciana West Community Dev.	Municipal Back	KIS1768 - Nat G30 10 lbs per acre Dist.	Pack	

02/26/2026	02/26/2026	3.47	acr	1,2,8	
P07800 - Poinciana West Community Dev.	Municipal Back	KIS1818 - Strike Pellets 10lbs/acre Dist.	Pack	02/26/2026	02/26/2026	0.38	acr	6	

P07800 - Poinciana West Community Dev.	Night Truck	KIS2715 - Biomist 4+4 ATV/ULV Dist.	

02/12/2026	02/12/2026	6.50	mi	
P07800 - Poinciana West Community Dev.	Night Truck	KIS2827 - Biomist 4+4 Truck ULV Dist.	02/13/2026	02/13/2026	4.40	mi	
P07800 - Poinciana West Community Dev.	Night Truck	KIS2827 - Biomist 4+4 Truck ULV Dist.	02/26/2026	02/26/2026	4.50	mi	
P07800 - Poinciana West Community Dev.	Night Truck	KIS2715 - Biomist 4+4 ATV/ULV	02/27/2026	02/27/2026	4.80	mi	
Dist.
156 of 157

Section 4
157 of 157

												
Date	Resident	Address	Pond	Contact Given	Complaint	Assigned To	Resolution	Date Resolved	Date Reported to Vendor	Date Treated by Vendor	Midge Activity Reported by Field	

1/20/2026	
Bob Jolly	
442 Villa Park Rd	
P6		

Algae still present; requesting follow up/more information on treatment plan	
Joel	Provided basic overview of algae treatment, types of algae and maintenance. Requested additional treatment due to large amounts of duckweed with Solitude.	

1/20/2026	

1/20/26	

1/22/26		
1/28/2026	Amy McGavock	
131 Rancho Mirage Dr	
P8		
Reporting vendor driving around pond, but no spray/fog is coming out	
Joel	Explained the fog treatment for adulticide. Passed the information along to Clarke.	

1/28/2026	

01/28/26	

N/A.		
2/4/2026	Vicky Arenas	472 Villa Park Rd	P6		Algae bloom present	Joel	Provided same update as Mr. Jolly.	2/4/2026	2/4/26	2/5/26		
2/4/2026	Julie Fox	959 Ladera Ranch Rd	P17		Requesting information/treatment schedule	Joel/Vendor	Provided basic overview of algae treatment and maintenance.	2/4/2026	N/A.	N/A.		
2/10/2026 Ro	nald Woodson	594 San Joaquin Rd	P22		Requesting update on pond clean up; build up of algae	Joel	Requested additional treatment as algae bloom was large.	2/10/2026	02/10/26	02/12/26		
2/17/2026	Nicholas Lombardo	312 La Jolla Lane	P3		Algae/scum on surface; unpleasant smell	Joel	Requested algae treatment with Solitude.	2/17/2026	02/17/26	02/18/26		
2/17/2026	Hedy Lowenheim	340 Monterey St.	P2		Requesting follow up on removal of swans; midge outbreak; requesting treatment	Joel	Requested adulticide treatment with Clarke.	2/17/2026	02/17	02/20/26		
2/20/2026	Hedy Lowenheim	340 Monterey St.	P2		Requesting follow up	Joel	Confirmed treatment with Clarke for 02/20/26.	2/20/2026	02/17/26	02/20/26		
3/9/2026	Karen Sussman	298 Monterey St	P2		
Midge outbreak; requesting follow up	Joel	Provided the same update as Ms. Lowenheim. Made resident aware of home with exposed roof harboring midge hatch offs.	
3/9/2026	
N/A.	
N/A.		
3/9/2026 Ca	rol Rosario	428 Bel Air Way	P21		Midge outbreak	Joel	Requested adulticide treatment with Clarke.	3/9/2026	03/09/26	03/12/26		
3/11/2026	Stephen Wyborski	844 Pacific Ridge Rd	Tract P4 & P5		Dry pond contains standing water & attracts mosquitoes; concerns about design of drain pipe	Joel	Documented conditions of the dry pond. To be included in Mar. Field Manager's report for discussion with Engineer.	

Ongoing	

N/A.	

N/A.