Greeneway Improvement District
3501 Quadrangle Boulevard, Suite 270, Orlando, FL 32817; Phone: 407-723-5900 www.greenewayid.org

The following is the proposed agenda for the upcoming Meeting of the Board of Supervisors for the Greeneway Improvement District (“District”), scheduled to be held at 2:30 p.m. on Tuesday, December 16, 2025, at 6900 Tavistock Lakes Blvd., Ste. 200, Orlando, FL 32827. A quorum will be confirmed prior to the start of the meeting.

Phone: 1-844-621-3956	Computer: pfmcdd.webex.com	Participant Code: 2531 126 0013#

BOARD OF SUPERVISORS’ MEETING AGENDA

Organizational Matters
Roll Call to Confirm a Quorum
Public Comment Period
Consideration of the Minutes of the November 18, 2025, Board of Supervisors’ Meeting
Business Matters
Consideration of Tavistock Lakes Boulevard and Narcoossee Road Landscape Revamp (provided under separate cover)
Ratification of Operation and Maintenance Expenditures Paid in November 2025 in an amount totaling $28,748.71
Recommendation of Work Authorizations/Proposed Services (if applicable)
Review of District’s Financial Position and Budget to Actual YTD

Other Business
Staff Reports
District Counsel
District Manager
District Engineer
Construction Supervisor
Landscape Supervisor
Irrigation Supervisor
Supervisor Requests

Adjournment

Greeneway Improvement District

Minutes of the November 18, 2025, Board of Supervisors’ Meeting

GREENEWAY IMPROVEMENT DISTRICT BOARD OF SUPERVISORS’ MEETING MINUTES

FIRST ORDER OF BUSINESS	Roll Call to Confirm Quorum

The Board of Supervisors’ Meeting for the Greeneway Improvement District was called to order on Tuesday, November 18, 2025, at 2:30 p.m. at 6900 Tavistock Lakes Blvd., Ste 200, Orlando, FL 32827.

Present:			
Chad Tinetti	Chairperson		
Karen Duerr	Vice Chairperson		
Matthew Franko	Assistant Secretary		
Amanda Kost	Assistant Secretary		
Antoinette Munroe	Assistant Secretary	(via phone @ 2:35 p.m.)	
Also attending:			
Jennifer Walden	PFM		
Lynne Mullins	PFM	(via phone)	
Amanda Lane	PFM	(via phone)	
Blake Firth	PFM	(via phone)	
Tucker Mackie	Kutak Rock	(via phone)	
Bob Schanck	Donald W. McIntosh Associates	
DJ Batten	Berman		
Carlos Negron	Berman		
Samantha Sharenow	Berman		
Eddie Padua	Berman		
Edgard Morales	Berman		
Pete Fussell	Berman		
Dan Young	Tavistock		
Rudy Bautista	Tavistock		

SECOND ORDER OF BUSINESS	Public Comment Period
Ms. Walden called for public comments. There were no public comments at this time.

THIRD ORDER OF BUSINESS	Consideration of the Minutes of the August 19, 2025, Board of Supervisors’ Meeting

The Board reviewed the minutes of the August 19, 2025, Board of Supervisors’ Meeting.

On motion by Ms. Duerr, seconded by Mr. Franko, with all in favor, the Board of Supervisors for the Greeneway Improvement District approved the Minutes of the August 19, 2025, Board of Supervisors’ Meeting.

FOURTH ORDER OF BUSINESS	Consideration of Resolution 2026-01, Adopting an Amended Budget for Fiscal Year 2025

Ms. Walden stated the overall O&M budget has not changed, but the line items were adjusted as needed based on actual expenses. This is a cleanup item the auditor will be looking for.
There was a brief discussion regarding the adjustments.

On motion by Ms. Duerr, seconded by Mr. Franko, with all in favor, the Board of Supervisors for the Greeneway Improvement District approved Resolution 2026-01, Adopting an Amended Budget for Fiscal Year 2025.

FIFTH ORDER OF BUSINESS	Presentation and Review of District Infrastructure Assessment Report
Mr. Schanck gave an overview of the report and requested that the Board review and bring back any questions at the next meeting.

Ms. Walden noted this will be an annual report and will be aligned with the budget process for the upcoming fiscal year.
Ms. Walden noted for the record that Ms. Munroe joined the meeting in progress at 2:35 p.m. via phone.

SIXTH ORDER OF BUSINESS	Review and Acceptance of Fiscal Year 2025 Goals, Objectives, and Performance Measures and Standards

Ms. Walden noted the District has met all goals and objectives for Fiscal Year 2025 and once approved, the report will be placed on the District’s website.

On motion by Ms. Kost, seconded by Mr. Franko, with all in favor, the Board of Supervisors for the Greeneway Improvement District accepted the Fiscal Year 2025 Goals, Objectives, and Performance Measures and Standards Report.

SEVENTH ORDER OF BUSINESS	Ratification of Non-Ad Valorem Assessment	Administration Agreement for Fiscal Year 2026

Ms. Walden noted this is a standard Agreement with the County and was executed by the Chair outside of a meeting. This is solely for ratification.

On motion by Ms. Kost, seconded by Mr. Franko, with all in favor, the Board of Supervisors for the Greeneway Improvement District ratified the Non-Ad Valorem Assessment Administration Agreement for Fiscal Year 2026.

EIGHTH ORDER OF BUSINESS	Ratification	of	Egis	Insurance Package for Fiscal Year 2026
Ms. Walden noted this was executed by the Chair outside of a meeting so the insurance would not lapse. The total cost of insurance was $15,847.00 vs. the $18,580.95 in the budget.

On motion by Ms. Duerr, seconded by Ms. Kost, with all in favor, the Board of Supervisors for the Greeneway Improvement District ratified the Egis Insurance Package for Fiscal Year 2026.

NINTH ORDER OF BUSINESS	Ratification of Operation and Maintenance Expenditures Paid in August 2025 in an amount totaling
$46,295.76

Ms. Walden noted these were already approved and are solely for ratification.

On motion by Ms. Duerr, seconded by Ms. Kost, with all in favor, the Board of Supervisors for the Greeneway Improvement District ratified the Operation and Maintenance Expenditures Paid in August 2025 in an amount totaling $46,295.76.

TENTH ORDER OF BUSINESS	Ratification of Operation and Maintenance Expenditures Paid in September 2025 in an amount totaling
$23,887.66
Ms. Walden noted these were already approved and are solely for ratification.

On motion by Ms. Kost, seconded by Mr. Franko, with all in favor, the Board of Supervisors for the Greeneway Improvement District ratified the Operation and Maintenance Expenditures Paid in September 2025 in an amount totaling $23,887.66.

ELEVENTH ORDER OF BUSINESS	Ratification of Operation and Maintenance Expenditures Paid in October 2025 in an amount totaling
$48,428.03

Ms. Walden noted these were already approved and are solely for ratification.

On motion by Ms. Kost, seconded by Mr. Franko, with all in favor, the Board of Supervisors for the Greeneway Improvement District ratified Operation and Maintenance Expenditures Paid in October 2025 in an amount totaling $48,428.03.

TWELFTH ORDER OF BUSINESS	Recommendation	of	Work Authorizations/Proposed Services
Ms. Walden reviewed the Work Authorization with Berman for the bridge repair, in the amount of
$13,975.00. This work will be completed by Rose Paving, overseen by Berman and it is estimated to be completed within a week.

There was brief discussion regarding the scope of work and the timeframe of when the work will be done. It was requested there be more detailed breakdown regarding scope of work in the future.

On motion by Ms. Duerr, seconded by Mr. Franko, with all in favor, the Board of Supervisors for the Greeneway Improvement District approved the Work Authorization with Berman for bridge repair, in the amount of $13,975.00.

Ms. Walden reviewed the proposal from Juniper for the Tavistock Lakes Boulevard monument enhancement, in the amount of $1,152.00. Mr. Batten gave an overview of the scope of work and noted the recommendation is to move forward with more permanent plants, as opposed to annuals.

Ms. Mackie noted if this is included in the monthly maintenance cost, we would want to change order it out of the existing Agreement and have a Work Authorization.

On motion by Mr. Tinetti, seconded by Ms. Duerr, with all in favor, the Board of Supervisors for the Greeneway Improvement District approved the proposal from Juniper, in the amount of $1,152.00 and take out the cost of annuals in the existing Agreement.

The two Tavistock Lakes Boulevard sod replacement proposals from Juniper were tabled until details are finalized by District staff.
Ms. Walden reviewed the Work Authorization from Berman for the holiday décor install for 2025, in the amount of $6,000.00. It was noted this includes storage, installation, and removal of the holiday decor.

Ms. Sharenow noted that the holiday decorations will be installed the week after Thanksgiving and will be removed the first week of January.

On motion by Ms. Kost, seconded by Mr. Franko, with all in favor, the Board of Supervisors for the Greeneway Improvement District approved the Work Authorization with Berman for holiday decor, in the amount of $6,000.00.

THIRTEENTH ORDER OF BUSINESS	Review of District’s Financial Position and Budget to Actual YTD
Ms. Walden stated the financials are updated through the end of the Fiscal Year 2025 and the beginning of the Fiscal Year 2026. The District has spent approximately 6% of the budget for Fiscal Year 2026. No action was required.

FOURTEENTH ORDER OF BUSINESS	Staff Reports

District Counsel –	It was noted the annual Ethics Training is due by December 31, 2025.	
District Manager –	Ms. Walden noted the next meeting is scheduled for December 16, 2025. She also noted there has been a resident complaint that a sprinkler damaged their vehicle. This claim is being handled through the District’s insurance and she will keep the Board updated.	
District Engineer –	No report.	
Landscape Supervisor –	No report.	
Construction Supervisor –	No report.	
Irrigation Supervisor –	Mr. Batten noted that Juniper has taken over two areas within Greeneway and they seem to be doing fine. He is waiting for the latest irrigation reports from Juniper.	

FIFTEENTH ORDER OF BUSINESS	Supervisor Requests

Ms. Kost commented on an area near the bridge and noted the caulking is raised in several areas. She also noted there is differential settlement on the trail and fire ant piles along Laureate Boulevard. Berman will follow up on these items.

Ms. Kost also commented regarding visibility issues on Nemours Parkway due to the palmettos, where the new stop sign has been installed. It was noted that the palmettos are HOA responsibility.

There was brief discussion regarding resident complaints about the parking spots near the crosswalk on Tavistock Lakes Boulevard and the landscaping in that area that is growing over into a resident’s yard. It was noted landscaping can be structurally trimmed to not impede on the resident’s yard.
Mr. Tinetti noted the lights on Tavistock Lakes Boulevard bridge are out again. Mr. Franko noted the City has placed new signage on Bovet near the playground in the right-of-way with their standard installation and needs to be addressed as it does not match the CDD signage. Berman will follow up on both items.
Ms. Duerr commented regarding the invasive plant, kudzu, throughout the area. Mr. Batten will follow up. There were no further Supervisor requests at this time.

SIXTEENTH ORDER OF BUSINESS	Adjournment

Ms. Walden requested a motion to adjourn.

On motion by Ms. Kost, seconded by Mr. Franko, with all in favor, the November 18, 2025, Meeting of the Board of Supervisors for the Greeneway Improvement District was adjourned.

Secretary/Assistant Secretary	Chair/Vice Chair

Tavistock Lakes Boulevard and Narcoossee Road Landscape Revamp (provided under separate cover)

Operation and Maintenance Expenditures Paid in November 2025 in an amount totaling $28,748.71

GREENEWAY IMPROVEMENT DISTRICT
DISTRICT OFFICE ● 3501 QUADRANGLE BLVD STE 270● ORLANDO, FL 32817 PHONE: (407) 723-5900 ● FAX: (407) 723-5901

Operation and Maintenance Expenditures For Board Approval

Attached please find the check register listing Operations and Maintenance expenditures paid from November 1, 2025 through November 30, 2025. This does not include expenditures previously approved by the Board.

The total items being presented:	$28,748.71

Approval of Expenditures:

	 Chairman

	 Vice Chairman

	 Assistant Secretary

AP Check Register (Current by Bank)
Check Dates: 11/1/2025 to 11/30/2025

Check No.	Date	Status*	Vendor ID	Payee Name	Amount	
BANK ID: CN1484 - VALLE( BANK	001-101-0000-00-01	
7' 	11 25	P	P#M$C	P#M $roup Consulting		$3,711*85	
770	11 '/25	P	B.RMA/	Ber,an Construction --C		$1,85 * 	
771	11 '/25	P	C.PRA	Cepra -andscape		$3,8 '*75	
772	11 '/25	P	13TA1	1utak Rock		$.452*11	
773	11 '/25	P	OR-S	Orlando Sentinel		$275*'8	
77.4	11 12/25	P	DO/MC	Donald 7* Mc8ntosh Associates		$3,.4''*.40	
775	11 12/25	P	9$-OBA	9$lobalTech		$1.45*00	
					BANK CN1484 REGISTER TOTAL:	$13,807.78	
BANK ID: OM-ACH - CIT( NATIONAL BANK - ACH 3 4IRES	001-101-0000-00-01	
700''	11 7/25	M	OC3	Orange County 3tilities		$15.4*7 	
700'7	11 12/25	M	TR3ST.	3S Bank as Trustee :or $reene;		$ ,88.4*33	
700'8	11 12/25	M	BC8D	Boggy Creek 8,pro<* District		$',115*11	
700' 	11 20/25	M	O3C	Orlando 3tilities Co,,ission		$8,5'8*55	
70070	11 20/25	M	OCTC	Scott Randolph, Tax Collector		$102*.48	
					BANK OM-ACH REGISTER TOTAL:	$24,825.26	
					GRAND TOTAL :	$38,633.04	

* Check Status Types: "P" - Printed ; "M" - Manual ; "V" - Void ( V id Date ); "A" - Application; "E" - EFT
** Denotes broken check sequence.

BANK:	CN1484	CHECK:	3769	AMOUNT:	$3,711.85	DATE:	11/03/25	VEND ID:	PFMGC			
Date	Invoice Number		Invoice Description					Discount Taken		Amount Paid	
10/14/25
10/01/25
10/06/25	138583
DM-10-2025-19
OE-EXP-10-2025-11		PA 698 - Sep. storage facility PA 699 - DM fee: Oct. 2025
PA 697 - Sep. postage				$0.00
$0.00
$0.00		$40.00
$3,666.67
$5.18	

BANK:	
CN1484	
CHECK:	
3770	TOTALS:
AMOUNT:	
$1,859.99	
DATE:	
11/06/25	
VEND ID:	$0.00
BERMAN		$3,711.85	
Date	Invoice Number		Invoice Description					Discount Taken		Amount Paid	
10/01/25
10/01/25	91848
91848			PA 696 - Oct. irrigation speci PA 696 - Oct. administrator ag				$0.00
$0.00		$1,033.33
$826.66	

BANK:	
CN1484	
CHECK:	
3771	TOTALS:
AMOUNT:	
$3,896.75	
DATE:	
11/06/25	
VEND ID:	$0.00
CEPRA		$1,859.99	
Date	Invoice Number		Invoice Description					Discount Taken		Amount Paid	
10/01/25	O-S8875			PA 696 - Oct. landscaping				$0.00		$3,896.75	

BANK:	
CN1484	
CHECK:	
3772	TOTALS:
AMOUNT:	
$452.11	
DATE:	
11/06/25	
VEND ID:	$0.00
KUTAK		$3,896.75	
Date	Invoice Number		Invoice Description					Discount Taken		Amount Paid	
10/30/25	3643465			PA 700 - Gen. legal thru 09/30				$0.00		$452.11	
				TOTALS:					$0.00		$452.11	
BANK:	CN1484	CHECK:	3773	AMOUNT:	$275.68	DATE:	11/06/25	VEND ID:	ORLS			
Date	Invoice Number		Invoice Description					Discount Taken		Amount Paid	
10/19/25	OSC125630354		PA 700 - Ad: 7871205 - FY 2026				$0.00		$275.68	
				TOTALS:					$0.00		$275.68	
BANK:	OM-ACH	CHECK:	70066	AMOUNT:	$154.79	DATE:	11/07/25	VEND ID:	OCU			
Date	Invoice Number		Invoice Description					Discount Taken		Amount Paid	
10/16/25
10/16/25	06489-101625-FY2025
06489-101625-FY2026	PA 698 - 9987 Laur. Blvd. thru PA 698 - 9987 Laur. Blvd. thru				$0.00
$0.00		$66.87
$87.92	
				TOTALS:					$0.00		$154.79	
BANK:	CN1484	CHECK:	3774	AMOUNT:	$3,466.40	DATE:	11/12/25	VEND ID:	DONMC			
Date	Invoice Number		Invoice Description					Discount Taken		Amount Paid	
10/17/25	47967			PA 698 - Eng. srvs. thru 09/26				$0.00		$3,466.40	

BANK:	
CN1484	
CHECK:	
3775	TOTALS:
AMOUNT:	
$145.00	
DATE:	
11/12/25	
VEND ID:	$0.00
VGLOBA		$3,466.40	
Date	Invoice Number		Invoice Description					Discount Taken		Amount Paid	
11/01/25	7901			PA 701 - Nov. website maint.				$0.00		$145.00	
				TOTALS:					$0.00		$145.00	
BANK:	OM-ACH	CHECK:	70067	AMOUNT:	$9,884.33	DATE:	11/12/25	VEND ID:	TRUSTE			
Date	Invoice Number		Invoice Description					Discount Taken		Amount Paid	
11/11/25	2025.11.10		S2023 FY26 DS (236275000) Dist				$0.00		$9,884.33	

BANK:	
OM-ACH	
CHECK:	
70068	TOTALS:
AMOUNT:	
$6,115.11	
DATE:	
11/12/25	
VEND ID:	$0.00
BCID		$9,884.33	
Date	Invoice Number		Invoice Description				Discount Taken		Amount Paid	
09/30/25
09/30/25
10/31/25
10/31/25
10/31/25	ICM2025-12(2) ICM2025-12(2) ICM2026-01 ICM2026-01 ICM2026-01		PA 701 - Sep. ICM (2) - Lighti PA 701 - Sep. ICM (2) - Water
PA 701 - Oct. ICM - Landscapin PA 701 - Oct. ICM - Aquatics
PA 701 - Oct. ICM - Miscellane				$0.00
$0.00
$0.00
$0.00
$0.00		$36.70
$42.39
$5,762.42
$200.40
$73.20	
			TOTALS:				$0.00		$6,115.11	

BANK:	OM-ACH	CHECK:	70069	AMOUNT:	$8,568.55	DATE:	11/20/25	VEND ID:	OUC			
Date	Invoice Number		Invoice Description					Discount Taken		Amount Paid	
11/03/25
11/03/25
11/03/25
11/03/25	43030-110325
43030-110325
43030-110325
43030-110325		PA 701 - 10/01/2025 - 11/03/20 PA 701 - 10/01/2025 - 11/03/20 PA 701 - 10/01/2025 - 11/03/20 PA 701 - 10/01/2025 - 11/03/20				$0.00
$0.00
$0.00
$0.00		$129.47
$1,325.87
$2.14
$7,111.07	

BANK:	
OM-ACH	
CHECK:	
70070	TOTALS:
AMOUNT:	
$102.48	
DATE:	
11/20/25	
VEND ID:	$0.00
OCTC		$8,568.55	
Date	Invoice Number		Invoice Description				Discount Taken		Amount Paid	
11/01/25
11/01/25	2025TAXYEAR
2025TAXYEAR		PA 701 - Acct: 623640
PA 701 - Acct: 623640 convenie				$0.00
$0.00		$100.98
$1.50	
			TOTALS:				$0.00		$102.48	

Work Authorizations/Proposed Services (if applicable)

District’s Financial Position and Budget to Actual YTD

Greeneway Improvement District
November 2025 Financial Package

November 30, 2025

PFM Group Consulting LLC
3501 Quadrangle Boulevard
Suite 270
Orlando, FL 32817-8329
(407) 723-5900

Greeneway Improvement District
Statement of Financial Position As of 11/30/2025	
	
General Fund		
Debt Service		
Capital Projects Fund		
General Long-Term Debt			
Total	
			
Assets								
Current Assets											
General Checking Account	$	253,514.91								$	253,514.91	
State Board of Administration	1,792.77									1,792.77	
Infrastructure Capital Reserve	122,296.34									122,296.34	
Interchange Maintenance Reserve	30,365.05									30,365.05	
Hurricane Reserve	10.08									10.08	
On-Roll Assessments Receivable	639,985.64									639,985.64	
Off-Roll Assessments Receivable	7,820.74									7,820.74	
Deposits	1,625.58									1,625.58	
On-Roll Assessments Receivable			$ 2,052,970.89							2,052,970.89	
Off-Roll Assessments Receivable			38,289.66							38,289.66	
Due From Other Funds			150,720.68							150,720.68	
Debt Service Reserve (Series 2023)			226,782.13							226,782.13	
Revenue (Series 2023)			372,226.25							372,226.25	
Prepayment (Series 2023)			3,953.78							3,953.78	
General Checking Account					$	7,165.83					7,165.83	
Acquisition/Construction (Series 2023)					1,079,597.69					1,079,597.69	
Total Current Assets	$ 1,057,411.11		$ 2,844,943.39		$	1,086,763.52		$	-		$	4,989,118.02	

Investments
Amount Available in Debt Service Funds Amount To Be Provided
Total Investments									

$	602,962.16		

$	

602,962.16	
									28,772,037.84			28,772,037.84	
	$	-		$	-		$	-		$ 29,375,000.00		$	29,375,000.00	
Total Assets	$ 1,057,411.11		$ 2,844,943.39		$	1,086,763.52		$ 29,375,000.00		$	34,364,118.02	

Page 1 of 9

Page 2 of 9

General Long-Term Debt

$	-

	Greeneway Improvement District	
	Statement of Financial Position	
	As of 11/30/2025	
	
General Fund	
Debt Service	
Capital Projects Fund	
	Liabilities and Net Assets	
Current Liabilities		
Accounts Payable	$	199,929.89	
Due To Other Governmental Units	6,077.11	
Deferred Revenue	647,806.38	
Deferred Revenue	$ 2,091,260.55	
Total Current Liabilities	$	853,813.38	$ 2,091,260.55	$	-	

Long Term Liabilities		
Revenue Bonds Payable - Long-Term		
Total Long Term Liabilities	$	-	$	-	$	-	
Total Liabilities	$	853,813.38	$ 2,091,260.55	$	-	

Net Assets		
Net Assets, Unrestricted	$	246,026.20	
Current Year Net Assets - General Government	(42,428.47)	
Net Assets, Unrestricted	$ 1,157,578.99	
Current Year Net Assets, Unrestricted	(403,896.15)	
Net Assets, Unrestricted	$	1,083,083.28	
Current Year Net Assets, Unrestricted	3,680.24	
Total Net Assets	$	203,597.73	$	753,682.84	$	1,086,763.52	
		
Total Liabilities and Net Assets	$ 1,057,411.11	$ 2,844,943.39	$	1,086,763.52	

$ 29,375,000.00

$ 29,375,000.00

$ 29,375,000.00

$	-

$ 29,375,000.00

Total

$	199,929.89
6,077.11
647,806.38
2,091,260.55

$	2,945,073.93

$	29,375,000.00

$	29,375,000.00

$	32,320,073.93	

$	

246,026.20
(42,428.47)	
	1,157,578.99
(403,896.15)	
	1,083,083.28
3,680.24	
$	2,044,044.09	

$	34,364,118.02

Greeneway Improvement District
Statement of Activities As of 11/30/2025	
	
General Fund	
Debt Service	Capital Projects Fund	General Long-Term Debt		
Total	
Revenues
On-Roll Assessments Off-Roll Assessments On-Roll Assessments Off-Roll Assessments
Total Revenues	

$  38,130.13
7,820.72
$	122,315.33
38,289.68

$  45,950.85	$	160,605.01	

$	-	

$	-	

$

$	

38,130.13
7,820.72
122,315.33
38,289.68
206,555.86	
Expenses
Supervisor Fees
Public Officials' Liability Insurance Trustee Services
Management Engineering Postage & Shipping Legal Advertising Bank Fees Property Taxes
Web Site Maintenance Dues, Licenses, and Fees Electric
Water Reclaimed General Insurance Property & Casualty Other Insurance
Landscaping Maintenance & Material	

$	800.00
3,156.00
5,702.93
7,333.34
1,066.25
0.74
333.82
1.50
100.98
290.00
175.00
129.47
2,384.44
3,549.00
8,642.00
500.00
31,156.66			

$	

800.00
3,156.00
5,702.93
7,333.34
1,066.25
0.74
333.82
1.50
100.98
290.00
175.00
129.47
2,384.44
3,549.00
8,642.00
500.00
31,156.66	

Page 3 of 9

Greeneway Improvement District
Statement of Activities As of 11/30/2025	
	
General Fund		
Debt Service		Capital Projects Fund		General Long-Term Debt			
Total	
IME - Aquatics Maintenance	400.80								400.80	
IME - Landscaping	11,524.84								11,524.84	
IME - Lighting	45.28								45.28	
IME - Miscellaneous	73.20								73.20	
IME - Water Reclaimed	69.01								69.01	
Pest Control	1,738.00								1,738.00	
Streetlights	7,111.07								7,111.07	
Personnel Leasing Agreement	3,719.98								3,719.98	
Interest Payments (Series 2023)			$	568,406.25						568,406.25	
Total Expenses	$  90,004.31		$	568,406.25		$	-		$	-		$	658,410.56	
Other Revenues (Expenses) & Gains (Losses)												
Interest Income	$	1,624.99								$	1,624.99	
Dividend Income			$	3,905.09						3,905.09	
Interest Income					$	43.33				43.33	
Dividend Income					3,636.91				3,636.91	
Total Other Revenues (Expenses) & Gains (Losses)	$	1,624.99		$	3,905.09		$	3,680.24		$	-		$	9,210.32	
Change In Net Assets	$ (42,428.47)		$	(403,896.15)		$	3,680.24		$	-		$	(442,644.38)	
Net Assets At Beginning Of Year	$ 246,026.20		$ 1,157,578.99		$ 1,083,083.28		$	-		$ 2,486,688.47	

Net Assets At End Of Year	
$ 203,597.73		
$	753,682.84		
$ 1,086,763.52		
$	
-		
$ 2,044,044.09	

Page 4 of 9

Greeneway Improvement District	
Budget to Actual	
For the Month Ending 11/30/2025	

YTD Actual		

YTD Budget		

YTD Variance		
FY 2026
Adopted Budget		
Percentage Variance	

Revenues											
Assessments	$	45,950.85		$	115,626.38		$	(69,675.53)		$	693,758.26		6.62%	
Net Revenues	$	45,950.85		$	115,626.38		$	(69,675.53)		$	693,758.26		6.62%	
General & Administrative Expenses											
Legislative											
Supervisor Fees	$	800.00		$	2,000.00		$	(1,200.00)		$	12,000.00		6.67%	
Financial & Administrative											
Public Officials' Liability Insurance	3,156.00			570.59		2,585.41		3,423.55		92.19%	
Trustee Services	5,702.93			950.49		4,752.44		5,702.93		100.00%	
Management	7,333.34			7,333.33		0.01		44,000.00		16.67%	
Engineering	1,066.25			1,666.67		(600.42)		10,000.00		10.66%	
Property Appraiser	-			766.67		(766.67)		4,600.00		0.00%	
District Counsel	-			3,333.34		(3,333.34)		20,000.00		0.00%	
Assessment Administration	-			1,250.00		(1,250.00)		7,500.00		0.00%	
Reamortization Schedules	-			41.67		(41.67)		250.00		0.00%	
Audit	-			666.67		(666.67)		4,000.00		0.00%	
Arbirtrage Calculation	-			83.33		(83.33)		500.00		0.00%	
Tax Preparation	-			5.40		(5.40)		32.40		0.00%	
Travel and Per Diem	-			66.67		(66.67)		400.00		0.00%	
Telephone	-			4.17		(4.17)		25.00		0.00%	
Postage & Shipping	0.74			83.33		(82.59)		500.00		0.15%	
Copies	-			125.00		(125.00)		750.00		0.00%	
Legal Advertising	333.82			1,083.33		(749.51)		6,500.00		5.14%	
Bank Fees	1.50			8.00		(6.50)		48.00		3.13%	
Miscellaneous	-			25.00		(25.00)		150.00		0.00%	
Meeting Room	-			41.67		(41.67)		250.00		0.00%	
Office Supplies	-			45.00		(45.00)		270.00		0.00%	
Property Taxes	100.98			16.67		84.31		100.00		100.98%	
Web Site Maintenance	290.00			490.00		(200.00)		2,940.00		9.86%	
Holiday Decorations	-			1,166.67		(1,166.67)		7,000.00		0.00%	
Dues, Licenses, and Fees	175.00			29.17		145.83		175.00		100.00%	
Total General & Administrative Expenses	$	18,960.56		$	21,852.84		$	(2,892.28)		$	131,116.88		14.46%	

Page 5 of 9

Greeneway Improvement District
Budget to Actual
For the Month Ending 11/30/2025

YTD Actual		YTD Budget	YTD Variance	FY 2026	Percentage
Adopted Budget	Variance	

$	129.47		

$	

333.33	$	(203.86)	$	2,000.00	6.47%	
	2,384.44			3,333.33	(948.89)	20,000.00	11.92%	
	3,549.00
8,642.00
500.00
- 31,156.66
-
-
- 1,738.00			641.70	2,907.30	3,850.20	92.18%
1,634.53	7,007.47	9,807.20	88.12%
250.00	250.00	1,500.00	33.33%
3,333.33	(3,333.33)	20,000.00	0.00%
33,333.33	(2,176.67)	200,000.00	15.58%
1,666.67	(1,666.67)	10,000.00	0.00%
2,500.00	(2,500.00)	15,000.00	0.00%
833.33	(833.33)	5,000.00	0.00%
583.33	1,154.67	3,500.00	49.66%	
	400.80
- 11,524.84
45.28
73.20
69.01
-			424.00	(23.20)	2,544.00	15.75%
400.00	(400.00)	2,400.00	0.00%
11,724.84	(200.00)	70,349.04	16.38%
160.00	(114.72)	960.00	4.72%
800.00	(726.80)	4,800.00	1.53%
200.00	(130.99)	1,200.00	5.75%
1,600.00	(1,600.00)	9,600.00	0.00%	
	-			6,666.67	(6,666.67)	40,000.00	0.00%	
	-
- 7,111.07
-			310.00	(310.00)	1,860.00	0.00%
2,500.00	(2,500.00)	15,000.00	0.00%
14,333.33	(7,222.26)	86,000.00	8.27%
166.67	(166.67)	1,000.00	0.00%	
	1,653.32
2,066.66			1,653.33	(0.01)	9,920.00	16.67%
2,066.67	(0.01)	12,400.00	16.67%
.	
-
-
-
$	71,043.75		

$	1,833.33	(1,833.33)	11,000.00	0.00%
325.16	(325.16)	1,950.94	0.00%
833.33	(833.33)	5,000.00	0.00%
94,440.21	$	(23,396.46)	$	566,641.38	12.54%	
$	90,004.31		$	116,293.05	$	(26,288.74)	$	697,758.26	12.90%	
$	(44,053.46)		$	(666.67)	$	(43,386.79)	$	(4,000.00)	

$	1,624.99
$	1,624.99		
$
$	
666.67	$	958.32	$	4,000.00	40.62%
666.67	$	958.32	$	4,000.00	40.62%	
				
$	(42,428.47)		$	-	$	(42,428.47)	$	-	

Field Operations Electric Utility Services
Electric
Water-Sewer Combination Services
Water Reclaimed
Other Physical Environment
General Insurance
Property & Casualty Insurance Other Insurance
Irrigation Repairs
Landscaping Maintenance & Material Tree Trimming
Flower & Plant Replacement Contingency
Pest Control
Interchange Maintenance Expenses
IME - Aquatics Maintenance IME - Irrigation Repairs
IME - Landscaping IME - Lighting
IME - Miscellaneous IME - Water Reclaimed
IME - Landscape Improvements
New Operational Expenses
Trail Repair
Road & Street Facilities
Entry and Wall Maintenance Hardscape Maintenance Streetlights
Accent Lighting
Parks & Recreation
Personnel Leasing Agreement - Administrator Personnel Leasing Agreement - Irrigation Specialist
Reserves
Infrastructure Capital Reserve Interchange Maintenance Reserve Hurricane Reserve
    
Total Field Operations Expenses

Total Expenses
Income (Loss) from Operations Other Income (Expense)
Interest Income
Total Other Income (Expense)

Net Income (Loss)

Page 6 of 9

Greeneway Improvement District
Budget to Actual
For the Month Ending 11/30/2025	
	
Oct-25		
Nov-25	

Revenues				
Assessments	$	-	$	45,950.85	
Net Revenues	$	-	$	45,950.85	
General & Administrative Expenses				
Legislative				
Supervisor Fees	$	-	$	800.00	
Financial & Administrative				
Public Officials' Liability Insurance	3,156.00		-	
Trustee Fees	5,702.93		-	
Management	3,666.67		3,666.67	
District Engineering	-		1,066.25	
Property Appraiser	-		-	
District Counsel	-		-	
Assessment Administration	-		-	
Reamortization Schedules	-		-	
Audit	-		-	
Arbitrage Calculation	-		-	
Tax Preparation				
Travel and Per Diem	-		-	
Telephone	-		-	
Postage & Shipping	-		0.74	
Copies	-		-	
Legal Advertising	275.68		58.14	
Bank Fees	-		1.50	
Miscellaneous	-		-	
Meeting Room	-		-	
Office Supplies	-		-	
Property Taxes	-		100.98	
Website Maintenance	145.00		145.00	
Holiday Decorations	-		-	
Dues, Licenses, and Fees	175.00		-	
Total General & Administrative Expenses	$  13,121.28	$	5,839.28	
Field Operations				
Electric Utility Services				
Electric	$	-	$	129.47	
Water-Sewer Combination Services				
Water Reclaimed	87.92		2,296.52	
Other Physical Environment				
General Insurance	3,549.00		-	
Property & Casualty Insurance	8,642.00		-	
Other Insurance	500.00		-	
Irrigation Repairs	-		-	
Landscaping Maintenance & Material	3,896.75		27,259.91	
Tree Trimming	-		-	
Flower & Plant Replacement	-		-	
Contingency	-		-	
Pest Control	1,738.00		-	

 
YTD Actual

$	45,950.85	
$	45,950.85

$	800.00

3,156.00
5,702.93
7,333.34
1,066.25
-
-
-
-
-
-
-
-
- 0.74
- 333.82
1.50
-
-
- 100.98
290.00
- 175.00	
$	18,960.56

$	129.47

2,384.44

3,549.00
8,642.00
500.00
- 31,156.66
-
-
- 1,738.00	

Page 7 of 9

Greeneway Improvement District
Budget to Actual
For the Month Ending 11/30/2025	

Interchange Maintenance Expenses
IME - Aquatics Maintenance IME - Irrigation
IME - Landscaping IME - Lighting
IME - Miscellaneous IME - Water Reclaimed
IME - Landscape Improvements
New Operational Expenses
Trail Repair
Road & Street Facilities
Entry and Wall Maintenance Hardscape Maintenance Streetlights
Accent Lighting
Parks & Recreation
Personnel Leasing Agreement - Administrator Personnel Leasing Agreement - Irrigation Specialist
Reserves
Infrastructure Capital Reserve Interchange Maintenance Reserve Hurricane Reserve
Total Field Operations Expenses

Total Expenses
Income (Loss) from Operations Other Income (Expense)
Interest Income
Total Other Income (Expense)

Net Income (Loss)	
Oct-25

200.40
- 5,762.42
- 73.20
-
-

-

-
-
-
-

826.66
1,033.33

-
-
-
$	26,309.68

 $	39,430.96

$ (39,430.96)

$	817.76
$	817.76

$ (38,613.20)	

$

 $ 

$

$
$

$	
Nov-25

200.40
- 5,762.42
45.28
- 69.01
-

-

-
- 7,111.07
-

826.66
1,033.33

-
-
-
44,734.07

50,573.35

(4,622.50)

807.23
807.23

(3,815.27)	

 
YTD Actual

400.80
- 11,524.84
45.28
73.20
69.01
-

-

-
- 7,111.07
-

1,653.32
2,066.66

-
-
-	
$	71,043.75

$	90,004.31	

$	(44,053.46)

$	1,624.99	
$	1,624.99	
$	(42,428.47)	

Page 8 of 9

Greeneway Improvement District Cash Flow

Beg. Cash	FY 2025 Inflows	FY 2025 Outflows	FY 2026 Inflows	FY 2026 Outflows	End. Cash	
10/1/2025	132,505.14	4,343.48	(34,040.62)	327.97	(17,905.00)	85,230.97	
11/1/2025	85,230.97	-	(4,109.65)	206,916.98	(34,523.39)	253,514.91	
12/1/2025	253,514.91	-	-	173,439.42	(318,553.63)	108,400.70 as of 12/10/2025	

Totals	
4,343.48	
(38,150.27)	
380,684.37	
(370,982.02)		

Page 9 of 9