CAPRON TRAIL COMMUNITY DEVELOPMENT
DISTRICT

ST. LUCIE COUNTY Regular Board Meeting & Public Hearing
MAY 19, 2025
1:30 P.M.

Special District Services, Inc.
The Oaks Center 2501A Burns Road
Palm Beach Gardens, FL 33410

www.caprontrailcdd.org 561.630.4922 Telephone 877.SDS.4922 Toll Free 561.630.4923 Facsimile

AGENDA CAPRON TRAIL
COMMUNITY DEVELOPMENT DISTRICT
Premier Citrus 14885 Indrio Road
Ft. Pierce, Florida 34945
REGULAR BOARD MEETING & PUBLIC HEARING
May 19, 2025
1:30 p.m.

Call to Order
Proof of Publication…	Page 1
Establish Quorum
Additions or Deletions Agenda
Comments from the Public for Items Not on the Agenda
Approval of Minutes
March 17, 2025 Regular Board Meeting Minutes…	Page 2
Public Hearing
Proof of Publication…	Page 5
Receive Public Comments on Fiscal Year 2025/2026 Final Budget
Consider Resolution No. 2025-02 – Adopting a Fiscal Year 2025/2026 Final Budget…	Page 6
Old Business
New Business
Consider Resolution No. 2025-03 – Adopting a Fiscal Year 2025/2026 Meeting Schedule.	Page 12
Engineer’s Report
Attorney’s Report
Field Maintenance Report
Administrative Matters
Financial Report.	Page 14
Board Member Comments
Adjourn

AFFIDAVIT OF PUBLICATION

LocaliQ
Florida
GANNETT

PO Box 631244 Cincinnati, OH 45263-1244

CAPRON TRAIL COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2023/202�

Special District Services Capron Trail Capron Trail Comm. D
Capron Trail Community Development District 2501 Burns RD# A
Palm Beach Gardens FL 33410-5207

STATE OF WISCONSIN, COUNTY OF BROWN

Before the undersigned authority personally appeared, who on oath says that he or she is the Legal Advertising Representative of the Indian River Press Journal/St Lucie News Tribune/Stuart News, newspapers published in Indian River/St Lucie/Martin Counties, Florida; that the attached copy of advertisement, being a Legal Ad in the matter of Govt Public Notices, was published on the publicly accessible websites of Indian River/St Lucie/Martin Counties, Florida, or in a newspaper by print in the issues of, on:

10/10/2024

Affiant further says that the website or newspaper complies with all legal requirements for publication in chapter 50, Florida Statutes.
Subscribed and sworn to before me, by the legal clerk, who
;,    pmooally   known   to    mz��

REGULAR MEETING SCHEDULE NOTICE IS HEREBY GIVEN that
the Boord of Supervisors of the Capron Trail Community Develop� ment District will hold Regular Meetings in the offices of Premier Citrus located at 14885 lndrio Rood, Fort Pierce, Florido 3-49-45 at 1 :30
m. on the following dates:
October 21, 202�
November HI, 202-4
December 16, 202-4
January 20, 2025
February 17, 2025
Morch 17, 2025
April 21, 2025
May 19, 2025
June 16, 2025
July 21, 2025
August 18, 2025
September 15, 2025
The purpose of the meetings is to conduct any business coming before the Boord. Meetings are open to the public and will be conducted in accordance with the provisions of Florida law. Copies of the Agendas for any of the meetings may be obtained from the District's website or by contacting the District Manager at (772) 345-5119 and/or toll free at 1-877-737·4922 prior to the date of the particular meeting.
From time to time one or more Supervisors may participate by tele­ phone; therefore a speaker tele• phone may be present at the meet­ ing location so that Supervisors may be fully informed of the discussions taking place. Said meetings may be continued as found necessary to a time and place specified on the record.
If any person decides to appeal any decision mode with respect to any matter considered at these meet­ ings, such person will need a record of the proceedings and such person may need to ensure that a verbatim record of the proceedings is mode at his or her own expense and which record includes the testimony and evidence on which the appeal is based.
In accordance with the provisions of the Americans with Disabilities Act, any person requiring special accom­ modations or an interpreter ta participate at any of these meetings should contact the District Manager at (772) 345·5119 and/or toll-free at 1- 877-737-4922 at least seven (7) days prior ta the date of the particular meeting.
Meetings may be cancelled from time to time without advertised notice.
Capron Trail Community Develop­
ment	District
www.caprantrailcdd.org
PUBLISH:  ST. LUCIE  NEWS TRIBUNE 10/10/24 #10646309

Legal Cle�

My commission expires

Publication Cost: Tax Amount: Payment Cost: Order No:
Customer No: PO#:

$149.00
$0.00
$149.00 10646309
1125991
Capron 2024/25 mtg

# of Copies:
1

THIS IS NOT AN INVOICE!
Please do not use this form far payment remillance.

KAITLYN FELTY
Notary Public State of Wisconsin

Page 1 of 1

CAPRON TRAIL COMMUNITY DEVELOPMENT DISTRICT REGULAR BOARD MEETING MINUTES
MARCH 17, 2025

CALL TO ORDER

District Manager Stephanie Brown called the March 17, 2025, Regular Board Meeting of the Capron Trail Community Development District (the “District”) to order at 1:30 p.m. at the offices of Premier Citrus located at 14885 Indrio Road, Fort Pierce, Florida 34945.

PROOF OF PUBLICATION

Ms. Brown presented proof of publication that notice of the Regular Board Meeting was published in the St. Lucie News Tribune on October 10, 2024, as part of the District’s Fiscal Year 2024/2025 Meeting Schedule, as required by law.

ADMINISTER OATH OF OFFICE

Ms. Brown administered the Oath of Office to Tom Jerkins and Buster Hunter, and they were seated.

ESTABLISH QUORUM
Ms. Brown stated that the attendance of Supervisors David Bass, Buster Hunter, Nick Stewart, and Tom Jerkins constituted a quorum, and it was in order for the meeting to proceed.
Also in attendance were: District Managers Stephanie Brown and Frank Sakuma of Special District Services, Inc.; and District Attorney Ruth Holmes of Torcivia, Donlon, Goddeau & Rubin, P.A.

ELECTION OF OFFICERS

A motion was made by Mr. Bass, seconded by Mr. Hunter approving the slate of Officers listed below. The motion passed unanimously.
-Tom Jerkins-Chair
-Nick Stewart-Vice Chair
-David Bass-Assistant Secretary
-Buster Hunter-Assistant Secretary
-Stephanie Brown- Secretary/Treasurer

ADDITIONS OR DELETIONS TO AGENDA

There were no additions or deletions to the agenda.

COMMENTS FROM THE PUBLIC FOR ITEMS NOT ON THE AGENDA

There were no comments from the public for items not on the agenda.

APPROVAL OF MINUTES

October 21, 2024, Regular Board Meeting Minutes
The October 21, 2024, Regular Board Meeting minutes were approved, as presented, on a motion
made by Mr. Bass, seconded by Mr. Stewart. The motion passed unanimously.

OLD BUSINESS

There was no old business to come before the board.

NEW BUSINESS

Consider Resolution No. 2025-01 Adopting Fiscal Year 2025/2026 Proposed Budget

Resolution No. 2025-01was presented, entitled:

RESOLUTION NO. 2025-01
A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE CAPRON TRAIL COMMUNITY DEVELOPMENT DISTRICT APPROVING A PROPOSED BUDGET FOR FISCAL YEAR 2025/2026; AND PROVIDING AN EFFECTIVE DATE.

Mr. Bass made a motion, seconded by Mr. Hunter, adopting Resolution No. 2025-01 Fiscal Year 2025/2026 Proposed Budget and setting the public hearing for May 19, 2025. The motion passed unanimously.

ENGINEER’S REPORT

There was no Engineer’s Report at this time.

ATTORNEY’S REPORT

There was no Attorney’s Report at this time. Ms. Holmes advised that Ms. Garrett would be retiring, and she would represent the District moving forward.

FIELD MAINTENANCE REPORT

Mr. Bass provided an update on pump repairs. He stated that repairs had been started on Pump 2A, with additional work on the flap gate, and Pump 2B repairs were still in progress. Mr. Bass stated that Pump 1 had been pulled out of the triples for a total rebuild, which will cost $12,000.

Mr. Stewart stated that Canal C4 needed to be cleaned. Mr. Bass responded that some fencing may need to be removed in order to access the area that needs to be cleaned. Mr. Hunter estimated that it may take 5 days to clean.

ADMINISTRATIVE MATTERS

Financial Report

Ms. Brown stated that the Financial Report was included in the Board package. There were no questions from the Board Members.

BOARD MEMBER COMMENTS

There were no further Board Member comments.

ADJOURNMENT

There being no further business to come before the Board, the meeting was adjourned at 2:15 p.m. by Chairman Jerkins. There were no objections.

Secretary	Chairman

Publication Date 2025-05-06

Subcategory Miscellaneous Notices

Notice of Public Hearing
and Regular Board Meeting of the Capron Trail Community Development District
The Board of Supervisors (the Board) of the Capron Trail Community Development District (the District) will hold a Public Hearing and Regular Board Meeting on May 19, 2025, at 1:30 p.m., or as soon thereafter as can be heard, at the offices of Premier Citrus located at 14885 Indrio Road, Ft. Pierce, Florida 34945.
The purpose of the Public Hearing is to receive public comment on the Fiscal Year 2025/2026 Proposed Final Budget of the District. A copy of the Budget and/or the Agenda may be obtained from the Districts website or at the offices of the District Manager, 2501A Burns Road, Palm Beach Gardens, Florida 33410, during normal business hours. The purpose of the Regular Board Meeting is for the Board to consider any other business which may properly come before it. The meetings are open to the public and will be conducted in accordance with the provisions of Florida law for community development districts. Meetings may be continued as found necessary to a time and place specified on the record.
There may be occasions when one or more Supervisors will participate by telephone. At the location of the meeting, there may be a speaker telephone present so that interested persons can attend the meeting at the above location and be fully informed of the discussions taking place either in person or by telephone communication.
In accordance with the provisions of the Americans with Disabilities Act, any person requiring special accommodations or an interpreter to participate at these meetings should contact the District Manager at (772) 345-5119 and/or toll free at 1-877-737-4922, at least seven (7) days prior to the date of the meetings. If any person decides to appeal any decision made with respect to any matter considered at this Public Hearing and Regular Board Meeting, such person will need a record of the proceedings and such person may need to ensure that a verbatim record of the proceedings is made at their own expense and which record includes the testimony and evidence on which the appeal is based.
Meetings may be cancelled from time to time without advertised notice.
Capron Trail Community Development District www.caprontrailcdd.org
Pub: Apr 29 & May 6, 2025 TCN11247446

RESOLUTION NO. 2025-02

A RESOLUTION OF THE CAPRON TRAIL COMMUNITY DEVELOPMENT DISTRICT ADOPTING A FISCAL YEAR 2025/2026 BUDGET.

WHEREAS, the Capron Trail Community Development District (“District”) has prepared a Proposed Budget and Final Special Assessment Roll for Fiscal Year 2025/2026 and has held a duly advertised Public Hearing to receive public comments on the Proposed Budget and Final Special Assessment Roll; and,

WHEREAS, following the Public Hearing and the adoption of the Proposed Budget and Final Assessment Roll, the District is now authorized to levy non ad-valorem assessments upon the properties within the District.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE CAPRON TRAIL COMMUNITY DEVELOPMENT DISTRICT THAT:

Section 1.	The Final Budget and Final Special Assessment Roll for Fiscal Year 2025/2026 attached hereto as Exhibit “A” is approved and adopted, and the assessments set forth therein shall be levied.

Section 2.	The Secretary of the District is authorized to execute any and all necessary transmittals, certifications or other acknowledgements or writings, as necessary, to comply with the intent of this Resolution.
PASSED, ADOPTED and EFFECTIVE this 19th day of May, 2025.

ATTEST:	CAPRON TRAIL
COMMUNITY DEVELOPMENT DISTRICT

By:			By:		 Secretary/Assistant Secretary			Chairperson/Vice Chairperson

Capron Trail Community Development District

Final Budget For Fiscal Year 2025/2026
October 1, 2025 - September 30, 2026

CONTENTS

FINAL BUDGET

DETAILED FINAL BUDGET

ASSESSMENT COMPARISON

FINAL BUDGET
CAPRON TRAIL COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2025/2026
OCTOBER 1, 2025 - SEPTEMBER 30, 2026

REVENUES	
FISCAL YEAR 2025/2026
BUDGET	
ADMINISTRATIVE ASSESSMENTS	57,409	
MAINTENANCE ASSESSMENTS	288,194	
FACILITIES & SERVICE AGREEMENT (ADMIN)	2,361	
FACILITIES & SERVICE AGREEMENT (MAINT)	12,845	
DIRECT BILL - 2024 EXPANSION AREA (ADMIN)	0	
INTEREST INCOME	1,800	
		
TOTAL REVENUES	$	362,609	
		
ADMINISTRATIVE EXPENDITURES		
SUPERVISOR FEES	0	
FICA TAXES	0	
ENGINEERING	12,000	
MANAGEMENT FEES	24,000	
LEGAL FEES	4,000	
AUDIT FEES	3,500	
INSURANCE - LIABILITY	8,000	
LEGAL ADVERTISING	1,150	
POSTAGE AND DELIVERY	300	
OFFICE SUPPLIES/MISCELLANEOUS	1,750	
DUES & SUBSCRIPTIONS	175	
WEBSITE MANAGEMENT	1,750	
ADMINISTRATIVE CONTINGENCY	690	
TOTAL ADMINISTRATIVE EXPENDITURES	57,315	
		
MAINTENANCE EXPENDITURES		
MOWING	27,000	
FUEL & OIL	115,500	
AQUATIC MAINTENANCE	17,565	
OPERATIONS MANAGEMENT	40,000	
ROADWAYS & CULVERTS	11,600	
CANAL REPAIR & MAINTENANCE	8,400	
RESERVOIR REPAIR & MAINTENANCE	10,000	
DRAINAGE ENGINE/PUMP REPAIR & MAINTENANCE	46,000	
MISCELLANEOUS MAINTENANCE	855	
TOTAL MAINTENANCE EXPENDITURES	276,920	
		
TOTAL EXPENDITURES	$	334,235	
		
REVENUES LESS EXPENDITURES	$	28,374	
		
COUNTY APPRAISER & TAX COLLECTOR FEE	(14,187)	
DISCOUNTS FOR EARLY PAYMENTS	(14,187)	
		
EXCESS/ (SHORTFALL)	$	-	
		
CARRYOVER FROM PRIOR YEAR	0	
		
NET EXCESS/ (SHORTFALL)	$	-	

DETAILED FINAL BUDGET
CAPRON TRAIL COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2025/2026
OCTOBER 1, 2025 - SEPTEMBER 30, 2026

REVENUES	
FISCAL YEAR 2023/2024
ACTUAL	
FISCAL YEAR 2024/2025
BUDGET	
FISCAL YEAR 2025/2026
BUDGET	

COMMENTS	
ADMINISTRATIVE ASSESSMENTS	341,249	52,969	57,409	Expenditures Less Interest, Direct Bills & Carryover/.92	
MAINTENANCE ASSESSMENTS	0	288,194	288,194	Expenditures Less Direct Bills/.92	
FACILITIES & SERVICE AGREEMENT (ADMIN)	0	2,361	2,361	Baer LLC: 241.41 Acres X $9.78 = $2,360.99	
FACILITIES & SERVICE AGREEMENT (MAINT)	15,208	12,845	12,845	Baer LLC: 241.41 Acres X $53.21= $12,845.23	
DIRECT BILL - 2024 EXPANSION AREA (ADMIN)	0	4,440	0		
INTEREST INCOME	5,976	840	1,800	Interest Projected At $150.00 Per Month	
					
TOTAL REVENUES	$	362,433	$	361,649	$	362,609		
					
ADMINISTRATIVE EXPENDITURES					
SUPERVISOR FEES	0	0	0	No Change From 2024/2025 Budget	
FICA TAXES	0	0	0	No Change From 2024/2025 Budget	
ENGINEERING	9,690	12,000	12,000	No Change From 2024/2025 Budget	
MANAGEMENT FEES	24,000	24,000	24,000	$2,000 Per Month	
LEGAL FEES	1,920	4,000	4,000	No Change From 2024/2025 Budget	
AUDIT FEES	3,700	3,800	3,500	Accepted Amount For 2024/2025 Audit	
INSURANCE - LIABILITY	7,267	7,505	8,000	FY 2024/2025 Expenditure Was $7,531	
LEGAL ADVERTISING	1,188	1,050	1,150	$100 Increase From 2024/2025 Budget	
POSTAGE AND DELIVERY	212	325	300	$25 Decrease From 2024/2025 Budget	
OFFICE SUPPLIES/MISCELLANEOUS	1,471	1,750	1,750	No Change From 2024/2025 Budget	
DUES & SUBSCRIPTIONS	175	175	175	No Change From 2024/2025 Budget	
WEBSITE MANAGEMENT	1,750	1,750	1,750	No Change From 2024/2025 Budget	
ADMINISTRATIVE CONTINGENCY	0	2,835	690	Administrative Contingency	
TOTAL ADMINISTRATIVE EXPENDITURES	51,373	59,190	57,315		
					
MAINTENANCE EXPENDITURES					
MOWING	25,304	27,000	27,000	No Change From 2024/2025 Budget	
FUEL & OIL	113,545	115,500	115,500	No Change From 2024/2025 Budget	
AQUATIC MAINTENANCE	18,140	17,565	17,565	No Change From 2024/2025 Budget	
OPERATIONS MANAGEMENT	41,035	40,000	40,000	No Change From 2024/2025 Budget	
ROADWAYS & CULVERTS	9,452	11,600	11,600	No Change From 2024/2025 Budget	
CANAL REPAIR & MAINTENANCE	7,975	8,400	8,400	No Change From 2024/2025 Budget	
RESERVOIR REPAIR & MAINTENANCE	10,807	10,000	10,000	No Change From 2024/2025 Budget	
DRAINAGE ENGINE/PUMP REPAIR & MAINTENANCE	48,888	46,000	46,000	No Change From 2024/2025 Budget	
MISCELLANEOUS MAINTENANCE	25	855	855	No Change From 2024/2025 Budget	
TOTAL MAINTENANCE EXPENDITURES	275,171	276,920	276,920		
					
TOTAL EXPENDITURES	$	326,544	$	336,110	$	334,235		
					
REVENUES LESS EXPENDITURES	$	35,889	$	25,539	$	28,374		
					
COUNTY APPRAISER & TAX COLLECTOR FEE	(11,940)	(14,187)	(14,187)	Four Percent Of Total Assessment Roll	
DISCOUNTS FOR EARLY PAYMENTS	(4,871)	(14,187)	(14,187)	Four Percent Of Total Assessment Roll	
					
EXCESS/ (SHORTFALL)	$	19,078	$	(2,835)	$	-		
					
CARRYOVER FROM PRIOR YEAR	0	2,835	0	Carryover From Prior Year	
					
NET EXCESS/ (SHORTFALL)	$	19,078	$	-	$	-		

Page 11

Capron Trail Community Development District Assessment Comparison

Fiscal Year 2022/2023
Assessment
Per Unit	Fiscal Year 2023/2024
Assessment
Per Unit	Fiscal Year 2024/2025
Assessment
Per Unit	Fiscal Year 2025/2026
Projected Assessment
Per Unit	

Administrative (formerly O&M)		

$	

63.00		

$	

63.00		

$	

9.78		

$	

9.78	
Maintenance		$	-		$	-		$	53.21		$	53.21	
Total		$	63.00		$	63.00		$	62.99		$	62.99	

* Assessments Include the Following :	 4% Discount for Early Payments
2% County Tax Collector Fee
1% County Property Appraiser Fee

 Community Information (Administrative):		 Units (One Unit = 1 Acre)	6,111.57
Includes Baer LLC Acres (241.41) and 2024 Expansion Area (453.99)
On Roll: 5,870.16 Acres - Direct Bill: Baer 241.41

 Community Information (Maintenance):		 Units (One Unit = 1 Acre)	5,657.58
Includes Baer LLC Acres (241.41)
On Roll: 5,416.17 Acres - Direct Bill: 241.41

III

RESOLUTION NO. 2025-03

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE CAPRON TRAIL COMMUNITY DEVELOPMENT DISTRICT, ESTABLISHING A REGULAR MEETING SCHEDULE FOR FISCAL YEAR 2025/2026 AND SETTING THE TIME AND LOCATION OF SAID DISTRICT MEETINGS; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, it is necessary for the Capron Trail Community Development District ("District") to establish a regular meeting schedule for fiscal year 2025/2026; and

WHEREAS, the Board of Supervisors of the District has set a regular meeting schedule, location and time for District meetings for fiscal year 2025/2026 which is attached hereto and made a part hereof as Exhibit “A”.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE CAPRON TRAIL COMMUNITY DEVELOPMENT DISTRICT, ST. LUCIE COUNTY, FLORIDA, AS FOLLOWS:

Section 1.   The above recitals are hereby adopted.

Section 2.  The regular meeting schedule, time and location for meetings for fiscal year 2025/2026 which is attached hereto as Exhibit “A” is hereby adopted and authorized to be published.
PASSED, ADOPTED and EFFECTIVE this 19th day of May, 2025.

ATTEST:	CAPRON TRAIL
COMMUNITY DEVELOPMENT DISTRICT

By:			By:		 Secretary/Assistant Secretary			Chairperson/Vice Chairperson

CAPRON TRAIL COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2025/2026 REGULAR MEETING SCHEDULE

NOTICE IS HEREBY GIVEN that the Board of Supervisors of the Capron Trail Community Development District will hold Regular Meetings in the offices of Premier Citrus located at 14885 Indrio Road, Fort Pierce, Florida 34945 at 1:30 p.m. on the following dates:
October 20, 2025
November 17, 2025
December 15, 2025
February 16, 2026
March 16, 2026
April 20, 2026
May 18, 2026
June 15, 2026
July 20, 2026
August 17, 2026
September 21, 2026
The purpose of the meetings is to conduct any business coming before the Board. Meetings are open to the public and will be conducted in accordance with the provisions of Florida law. Copies of the Agendas for any of the meetings may be obtained from the District's website or by contacting the District Manager at (772) 345-5119 and/or toll free at 1-877-737-4922 prior to the date of the particular meeting.
From time to time one or more Supervisors may participate by telephone; therefore a speaker telephone may be present at the meeting location so that Supervisors may be fully informed of the discussions taking place. Said meetings may be continued as found necessary to a time and place specified on the record.
If any person decides to appeal any decision made with respect to any matter considered at these meetings, such person will need a record of the proceedings and such person may need to ensure that a verbatim record of the proceedings is made at his or her own expense and which record includes the testimony and evidence on which the appeal is based.
In accordance with the provisions of the Americans with Disabilities Act, any person requiring special accommodations or an interpreter to participate at any of these meetings should contact the District Manager at (772) 345-5119 and/or toll-free at 1-877-737-4922 at least seven (7) days prior to the date of the particular meeting.

Meetings may be cancelled from time to time without advertised notice.
Capron Trail Community Development District www.caprontrailcdd.org
PUBLISH: ST. LUCIE NEWS TRIBUNE 10/10/24

Capron Trail Community Development District

Financial Report For April 2025

CAPRON TRAIL COMMUNITY DEVELOPMENT DISTRICT MONTHLY FINANCIAL REPORT
OPERATING FUND APRIL 2025

REVENUES	
Annual Budget
10/1/24 - 9/30/25	

Actual Apr-25	Year To Date Actual
10/1/24 - 4/30/25	
ADMINISTRATIVE ASSESSMENTS	52,969	0	19,116	
MAINTENANCE ASSESSMENTS	288,194	0	103,972	
FACILITIES & SERVICE AGREEMENT (ADMIN)	2,361	0	0	
FACILITIES & SERVICE AGREEMENT (MAINT)	12,845	0	15,206	
DIRECT BILL - 2024 EXPANSION AREA (ADMIN)	4,440	0	0	
OTHER INCOME	0	0	0	
INTEREST INCOME	840	0	1,824	
DEVELOPER CONTRIBUTION - EXTRAORDINARY	0	0	0	
				
TOTAL REVENUES	$	361,649	$	-	$	140,118	
				
ADMINISTRATIVE EXPENDITURES				
SUPERVISOR FEES	0	0	0	
FICA TAXES	0	0	0	
ENGINEERING	12,000	0	5,600	
ENGINEERING - EXTRAORDINARY	0	0	0	
MANAGEMENT FEES	24,000	2,000	14,000	
LEGAL FEES	4,000	0	936	
AUDIT FEES	3,800	0	0	
INSURANCE - LIABILITY	7,505	0	7,531	
LEGAL ADVERTISING	1,050	0	423	
POSTAGE AND DELIVERY	325	29	29	
OFFICE SUPPLIES MISCELLANEOUS	1,750	176	1,198	
DUES & SUBSCRIPTIONS	175	0	175	
:EBSITE MANAGEMENT	1,750	145	1,021	
ADMINISTRATIVE CONTINGENCY	2,835	0	0	
TOTAL ADMINISTRATIVE EXPENDITURES	$	59,190	$	2,350	$	30,913	
				
MAINTENANCE EXPENDITURES				
MO:ING	27,000	0	6,062	
FUEL & OIL	115,500	0	56,746	
A4UATIC MAINTENANCE	17,565	0	1,948	
OPERATIONS MANAGEMENT	40,000	0	20,952	
ROAD:AYS & CULVERTS	11,600	0	6,718	
CANAL REPAIR & MAINTENANCE	8,400	0	0	
RESERVOIR REPAIR & MAINTENANCE	10,000	0	668	
DRAINAGE ENGINE PUMP REPAIR & MAINTENANCE	46,000	0	23,562	
INSURANCE - MAINTENANCE	0	0	0	
MISCELLANEOUS MAINTENANCE	855	0	0	
				
TOTAL MAINTENANCE EXPENDITURES	$	276,920	$	-	$	116,656	
				
TOTAL EXPENDITURES	$	336,110	$	2,350	$	147,569	
				
REVENUES LESS EXPENDITURES	$	25,539	$	(2,350)	$	(7,451)	
				
COUNTY APPRAISER & TAX COLLECTOR FEE	(14,187)	0	(9,186)	
DISCOUNTS FOR EARLY PAYMENTS	(14,187)	0	(4,895)	
				
EXCESS/ (SHORTFALL)	$	(2,835)	$	(2,350)	$	(21,532)	
				
CARRYOVER FROM PRIOR YEAR	2,835	0	0	
				
NET EXCESS/ (SHORTFALL)	$	-	$	(2,350)	$	(21,532)	

Notes: Premier Citrus Management Invoices Received Through February 2025 Distribution For $212,183 Was Received On May 2, 2025

Bank Balance As Of 4/30/25	$	89,738.23	
Accounts Payable As Of 4/30/25	$	36,871.92	
Accounts Receivable As Of 4/30/25	$	-	
Available Funds As Of 4/30/25	$	52,866.31	

Capron Trail Community Development District
Budget vs. Actual
October 2024 through April 2025

	Oct 24 - April 25		24/25 Budget		$ Over Budget		% of Budget	
Income									
01-1399	Carryover from prior year	0.00		2,835.00		-2,835.00		0.0%	
01-3100	Admin Assessments	19,115.57		52,969.00		-33,853.43		36.09%	
01-3200	Maintenance Assessment	103,972.44		288,194.00		-184,221.56		36.08%	
01-3201	Facilities & Service Agre Admin	0.00		2,361.00		-2,361.00		0.0%	
01-3202	Facilities & Service Agre Maint	15,206.42		12,845.00		2,361.42		118.38%	
01-3203	Direct Bill 24 Exp. Area Admin	0.00		4,440.00		-4,440.00		0.0%	
01-3830	Assessment Fees	-9,185.79		-14,187.00		5,001.21		64.75%	
01-3831	Assessment Discounts	-4,895.67		-14,187.00		9,291.33		34.51%	
01-9410	Interest Income (GF)	1,824.27		840.00		984.27		217.18%	
Total Income	126,037.24		336,110.00		-210,072.76		37.5%	
Expense									
01-1310	Engineering	5,600.00		12,000.00		-6,400.00		46.67%	
01-1311	Management Fees	14,000.00		24,000.00		-10,000.00		58.33%	
01-1315	Legal Fees	936.00		4,000.00		-3,064.00		23.4%	
01-1320	Audit Fees	0.00		3,800.00		-3,800.00		0.0%	
01-1450	Insurance (Liability)	7,530.66		7,505.00		25.66		100.34%	
01-1480	Legal Advertisements	422.50		1,050.00		-627.50		40.24%	
01-1513	Postage and Delivery	28.54		325.00		-296.46		8.78%	
01-1514	Office Supplies	1,198.26		1,750.00		-551.74		68.47%	
01-1540	Dues, License & Subscriptions	175.00		175.00		0.00		100.0%	
01-1750	Website Management	1,020.81		1,750.00		-729.19		58.33%	
01-1755	Administrative Contingency	0.00		2,835.00		-2,835.00		0.0%	
01-1803	Aquatic Maintenance	1,947.50		17,565.00		-15,617.50		11.09%	
01-1815	Miscellaneous Maintenance	0.00		855.00		-855.00		0.0%	
01-1822	Mowing	6,061.65		27,000.00		-20,938.35		22.45%	
01-1823	Fuel & oil	56,746.23		115,500.00		-58,753.77		49.13%	
01-1824	Operations Management	20,952.02		40,000.00		-19,047.98		52.38%	
01-1825	Roadways & Culverts	6,718.36		11,600.00		-4,881.64		57.92%	
01-1826	Canal Repair & Maintenance	0.00		8,400.00		-8,400.00		0.0%	
01-1827	Reservoir Repair & Maintenance	668.00		10,000.00		-9,332.00		6.68%	
01-1828	Drainage Engine/Pump Repair Mai	23,563.49		46,000.00		-22,436.51		51.23%	
Total Expense	147,569.02		336,110.00		-188,540.98		43.91%	
Net Income			-21,531.78			0.00			-21,531.78			100.0%	

Page 17

Capron Trail Community Development District Balance Sheet
As Of April 30, 2025

Operating Fund	Debt Service Fund	Capital Projects Fund	General Fixed Assets Fund	Long Term Debt Fund	TOTAL
     
ASSETS

CSB	89,738.23		0.00		0.00		0.00		0.00		89,738.23	
Total Checking/Savings	89,738.23		0.00		0.00		0.00		0.00		89,738.23	

Total Current Assets	
89,738.23		
0.00		
0.00		
0.00		
0.00		
89,738.23	
Other Assets												
Accounts Receivable	0.00		0.00		0.00		0.00		0.00		0.00	
Land & Land Improvements	0.00		0.00		0.00		458,847.00		0.00		458,847.00	
Infrastructure (Grass Carp System)	0.00		0.00		0.00		29,374.00		0.00		29,374.00	
Infrastructure	0.00		0.00		0.00		6,062,836.00		0.00		6,062,836.00	
Equipment	0.00		0.00		0.00		5,000.00		0.00		5,000.00	
Depreciation - Infrastructure	0.00		0.00		0.00		-6,052,708.00		0.00		-6,052,708.00	
Depreciation - Equipment	0.00		0.00		0.00		-5,000.00		0.00		-5,000.00	
Amount Available In DSF	0.00		0.00		0.00		0.00		0.00		0.00	
Amount To Be Provided	0.00		0.00		0.00		0.00		0.00		0.00	
Total Other Assets	0.00		0.00		0.00		498,349.00		0.00		498,349.00	

TOTAL ASSETS	
89,738.23		
0.00		
0.00		
498,349.00		
0.00		
588,087.23	

LIABILITIES & EQUITY												

Current Assets Checking/Savings

Liabilities

Accounts Payable	36,871.92		0.00		0.00		0.00		0.00		36,871.92	
Total Accounts Payable	36,871.92		0.00		0.00		0.00		0.00		36,871.92	
Other Current Liabilities
Accrued Expenses	
0.00		
0.00		
0.00		
0.00		
0.00		
0.00	
Total Other Current Liabilities	0.00		0.00		0.00		0.00		0.00		0.00	
Total Current Liabilities	36,871.92		0.00		0.00		0.00		0.00		36,871.92	
Long Term Liabilities
Special Assessment Debt (2002)	
0.00		
0.00		
0.00		
0.00		
0.00		
0.00	
Special Assessment Debt (2008)	0.00		0.00		0.00		0.00		0.00		0.00	
Total Long Term Liabilities	0.00		0.00		0.00		0.00		0.00		0.00	
Total Liabilities	36,871.92		0.00		0.00		0.00		0.00		36,871.92	
Equity												
Retained Earnings	74,398.09		0.00		0.00		-6,057,708.00		0.00		-5,983,309.91	
Net Income	-21,531.78		0.00		0.00		0.00		0.00		-21,531.78	
Current Year Depreciation	0.00		0.00		0.00		0.00		0.00		0.00	
Investment In Gen Fixed Assets	0.00		0.00		0.00		6,556,057.00		0.00		6,556,057.00	
Total Equity	52,866.31		0.00		0.00		498,349.00		0.00		551,215.31	
TOTAL LIABILITIES & EQUITY	89,738.23		0.00		0.00		498,349.00		0.00		588,087.23	

Current Liabilities Accounts Payable