PALM BEACH PLANTATION COMMUNITY DEVELOPMENT DISTRICT

PALM BEACH COUNTY Regular Board Meeting Public Hearing
MAY 21, 2025
4:00 P.M.

Special District Services, Inc.
The Oaks Center 2501A Burns Road
Palm Beach Gardens, FL 33410
www.palmbeachplantationcdd.org 561.630.4922 Telephone 877.SDS.4922 Toll Free 561.630.4923 Facsimile

AGENDA
PALM BEACH PLANTATION COMMUNITY DEVELOPMENT DISTRICT
Palm Beach Plantation Clubhouse 8751 Palm Beach Plantation Boulevard Royal Palm Beach, Florida 33411
REGULAR BOARD MEETING & PUBLIC HEARING
May 21, 2025
4:00 p.m.

Call to Order
Proof of Publication…	Page 1
Establish Quorum
Additions or Deletions to Agenda
Comments from the Public for Items Not on the Agenda
Approval of Minutes
March 19, 2025 Regular Board Meeting…	Page 2
Public Hearing
Proof of Publication…	Page 6
Receive Public Comments on Fiscal Year 2025/2026 Final Budget
Consider Resolution No. 2025-03 – Adopting a Fiscal Year 2025/2026 Final Budget…	Page 7
Old Business
New Business
Consider Resolution No. 2025-04 – Adopting a Fiscal Year 2025/2026 Meeting Schedule…	Page 14
Administrative Matters
Financial Update…	Page 16
Board Member Comments
Adjourn

LOCALiQ
The Gainesville Sun I The Ledger Daily Commercial I Ocala StarBanner
News Chief I Herald-Tribune News Herald I The Palm Beach Post
Northwest Florida Daily News

PO Box 631244 Cincinnati, OH 45263-1244

AFFIDAVIT OF PUBLICATION
Palm Beach Plantation Cdd

PALM BEACH PLANTATION COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2024/2025 REGULAR MEETING SCHEDULE
NOTICE IS HEREBY GIVEN that the Boord of Supervisors of the Polm Beach Plantation Community Development District will hold Regular Meet­ ings for Fiscal Yeor 2024/2025 ot 4:00 p.m. at the Polm Beach Plantation Clubhouse located at 8751 Palm Beach Plantation Boulevard, Raval Palm

Palm Beach Plantation Cdd 2501 BURNS RD
STEA

PALM BEACH GARDENS FL 334105207

Beach, Florido 33411, on:

October 16, 2024
November 20, 2024
December 18, 2024
January 15, 2025
February 19, 2025
Morch 19, 2025
April 16, 2025
Moy 21, 2025
June 18, 2025
July 16, 2025
August 20, 2025
September 17, 2025

STATE OF WISCONSIN, COUNTY OF BROWN

Before the undersigned authority personally appeared, who on oath says that he or she is the Legal Coordinator of the Palm Beach Post, published in Palm Beach County, Florida; that the attached copy of advertisement, being a Govt Public Notices, was published on the publicly accessible website of Palm Beach County, Florida, or in a newspaper by print in the issues of, on:

09/30/2024

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

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 occardance with the provisions of Florida law. Copies of agendas for any of the meetings may be obtained on the District's website or by contacting the District Manager at (561) 630-4922 and/or toll-free at l-877-737-4922 prior to the dote of the Particular meeting.
From time to time one or more Supervisors may participate by telephone; therefore a speaker telephone will be present at the meeting locotion so tt,at Supervisors may be fully informed of the discussions taking place. Meetings may be continued as found necessary ta a time ond place specified on the record.
If any person decides to appeal any decision mode wi1h respect to any
matter considered at these meetings, such person will need a record of the proceedings and such person may need ta 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, ony person requiring special accommodations or an interpreter to partici• pate at any of these meetings should contact the District Manager at (561) 630-4922 and/or toll free 1-877-737-4922 at least seven (7) days prior to lhe dote of the particular meeting.
Meetings may be cancelled from time to time without advertised notice.
PALM BEACH PLANTATION COMMUNITY DEVELOPMENT DISTRICT
www.Palmbeachplontationcdd.org
No.10605915	Sepl. 30, 202d

9/30/2024

Legal Clerk

Notary, State of WI, County of Brown
	�-7S ·16	

Publication Cost:	$273.92	
Tax Amount:	$0.00	
Payment Cost:	$273.92	
Order No:	10605915	
Customer No:	730536	
PO#:	meeting schedule	

My commission expires

# of Copies:
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THIS IS NOT AN INVOICE!
Please do 1101 use tlrisformfor payment remiua11ce.

Page 1 of 1

PALM BEACH PLANTATION COMMUNITY DEVELOPMENT DISTRICT REGULAR BOARD MEETING
MARCH 19, 2025

CALL TO ORDER

District Manager Michael McElligott called to order the Regular Board Meeting of the Palm Beach Plantation Community Development District on March 19, 2025, at 4:00
p.m. in the Palm Beach Plantation Clubhouse located at 8751 Palm Beach Plantation Boulevard, Royal Palm Beach, Florida 33411.

PROOF OF PUBLICATION

Mr. McElligott presented proof of publication that notice of the Regular Board Meeting had been published in The Palm Beach Post on September 30, 2024, as legally required.

ESTABLISH A QUORUM

Present and constituting a quorum were Russ Warnet, Rebecca Delgado, and Bob Vey.
Staff in attendance were District Managers Michael McElligott of Special District Services, Inc. and District Counsel Scott Cochran of Billing, Cochran, Lyles, Mauro & Ramsey, P.A.
CONSIDER BOARD VACANCIES AND APPOINTMENTS
Mr. McElligott noted that since no one qualified for the open seats in the general election this past November, it would be appropriate to consider vacancies and appointments. The seats that were up this past election were seats 2 and 4.
There was a motion by Mr. Vey, with a second from Mrs. Delgado, to declare seats 2 and 4 vacant, and to reappoint Mr. Richard Feltz back to Seat 2, and to leave Seat 4 vacant at this time. The motion passed 3-0.

ADMINISTER OATH OF OFFICE AND REVIEW BOARD MEMBER RESPONSIBIITIES
Since Mr. Feltz is not present, Mr. McElligott will have the oath administered at his next meeting.

ELECTION OF OFFICERS

There was a motion by Mr. Vey, with a second by Mrs. Delgado, to keep the current slate of officers as is. That motion passed 3-0.

The current slate is as follow:

PALM BEACH PLANTATION COMMUNITY DEVELOPMENT DISTRICT REGULAR BOARD MEETING
MARCH 19, 2025

Chair – Russell Warnet Vice Chair – Richard Feltz
Assistant Secretary – Rebecca Delgado Assistant Secretary – Robert Vey Assistant Secretary – vacant
Secretary – Michael McElligott Treasurer – Michale McElligott

ADDITIONS OR DELETIONS TO THE 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 16, 2024, Regular Board Meeting
Mr. McElligott presented the minutes of the October 16, 2024, Regular Board Meeting and asked if there were any changes or corrections. Without comment, a motion was made by Mrs. Delgado, seconded by Mr. Warnet that the minutes of the October 16, 2024, Regular Board Meeting be approved, as presented. That motion passed unanimously.
OLD BUSINESS

There was no old business.

NEW BUSINESS
Consider Resolution No. 2025-01 – Adopting a Fiscal Year 2025/2026 Proposed Budget
Mr. McElligott presented Resolution No. 2025-01.

RESOLUTION NO. 2025-01

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE PALM BEACH PLANTATION COMMUNITY DEVELOPMENT

PALM BEACH PLANTATION COMMUNITY DEVELOPMENT DISTRICT REGULAR BOARD MEETING
MARCH 19, 2025

DISTRICT APPROVING A PROPOSED BUDGET FOR FISCAL YEAR 2025/2026; AND PROVIDING AN EFFECTIVE DATE.

Mr. McElligott presented the budget. After some discussion among the Board, a motion was then made by Mrs. Delgado, seconded by Mr. Warnet, passing Resolution 2025-01 – Adopting a Fiscal Year 2025/2026 Proposed Budget as presented and setting the Public Hearing for May 12, 2025, at 4:00 p.m. The motion passed unanimously.

Consider Resolution No. 2025-02 – Registered Agent Change

Mr. McElligott presented Resolution No. 2025-02, entitled:

RESOLUTION NO. 2025-02

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE PALM BEACH PLANTATION COMMUNITY DEVELOPMENT DISTRICT DESIGNATING MICHAEL J. PAWELCZYK AS THE DISTRICT’S REGISTERED AGENT AND DESIGNATING THE OFFICE OF BILLING, COCHRAN, LYLES, MAURO & RAMSEY, P.A. AS THE REGISTERED OFFICE.

Mr. Cochran explained that currently Mr. Lyles in their office is the registered agent for the District, but that Mr. Lyles is in the process of retiring, so a new registered agent from their office needs to be designated. Mr. Pawelczyk is the senior CDD attorney in the office, so they are recommending the Board designate him as the registered agent. After some discussion, a motion was made by Mr. Vey, seconded by Mrs. Delgado, and passed 3-0 to adopt Resolution No. 2025-02 as presented appointing Mr. Pawelczyk as the registered agent.

ADMINISTRATIVE MATTERS

Financial Report

Mr. McElligott presented the Financial Report in the meeting book and opened it up for any questions. There was no action required.

Other Matters

Mr. McElligott reminded Board to be on the lookout for an email from the state for their online Form 1.

PALM BEACH PLANTATION COMMUNITY DEVELOPMENT DISTRICT REGULAR BOARD MEETING
MARCH 19, 2025

BOARD MEMBER COMMENTS

Mr. Warnet suggested we ask the HOA to send out an email looking for someone to fill the vacant Seat 4 at the next meeting. The rest of the Board agreed and authorized Mr. Warnet to get with the HOA to move forward with that idea.

ADJOURNMENT

There being no further business to come before the Board, a motion was made by Mr. Vey, seconded by Mrs. Delgado to adjourn the Regular Board Meeting at 4:23 p.m. That motion passed unanimously.

Secretary/Asst. Secretary	Chair/Vice Chair

Publication Date 2025-05-08

Subcategory Miscellaneous Notices

Notice of Public Hearing
and Regular Board Meeting of the
Palm Beach Plantation Community Development District
The Board of Supervisors of the Palm Beach Plantation Community Development District (the District) will hold a Public Hearing and Regular Board Meeting on May 21, 2025, at 4:00 p.m., or as soon thereafter as the meeting can be heard, in the Palm Beach Plantation Clubhouse located at 8751 Palm Beach Plantation Boulevard, Royal Palm Beach, Florida 33411.
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 (www.palmbeachplantationcdd.org) 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 Board members will participate by telephone; therefore, a speaker telephone will be present at the meeting location so that Board members may be fully informed of the discussions taking place.
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
(561) 630-4922 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. Palm Beach Plantation Community Development District www.palmbeachplantationcdd.org
5/1, 5/8/25 11255427

RESOLUTION NO. 2025-03

A RESOLUTION OF THE PALM BEACH PLANTATION COMMUNITY DEVELOPMENT DISTRICT ADOPTING A FISCAL YEAR 2025/2026 BUDGET.

WHEREAS, the Palm Beach Plantation 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 PALM BEACH PLANTATION 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 21st day of May, 2025.

ATTEST:	PALM BEACH PLANTATION COMMUNITY DEVELOPMENT DISTRICT

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

Palm Beach Plantation Community Development District

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

CONTENTS

FINAL BUDGET

DETAILED FINAL BUDGET

DETAILED FINAL DEBT SERVICE FUND BUDGET

ASSESSMENT COMPARISON

FINAL BUDGET
PALM BEACH PLANTATION COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2025/2026
OCTOBER 1, 2025 - SEPTEMBER 30, 2026

REVENUES	
FISCAL YEAR 2025/2026 BUDGET	
O & M Assessments	166,902	
Debt Assessments	476,193	
Other Revenues	0	
Interest Income	1,200	
		
TOTAL REVENUES	$	644,295	
		
Discounts For Early Payments	(25,725)	
		
TOTAL NET REVENUES	$	618,570	
		
EXPENDITURES		
Supervisor Fees	7,000	
Payroll Taxes	560	
Maintenance	7,500	
Engineering/Inspections	10,000	
Management	39,240	
Secretarial	4,200	
Legal	8,500	
Assessment Roll	3,000	
Audit Fees	3,600	
Arbitrage Calculation Report Fee	650	
Insurance	7,700	
Legal Advertisements	1,500	
Miscellaneous	800	
Postage	250	
Office Supplies	600	
Dues & Subscriptions	175	
Trustee Fees	4,100	
Website Management	1,250	
Reserve/Contingency	53,300	
County Appraiser & Tax Collector Fee	7,500	
		
TOTAL EXPENDITURES	$	161,425	
		
REVENUES LESS EXPENDITURES	$	457,145	
		
Bond Payments	(457,145)	
		
EXCESS/ (SHORTFALL)	$	-	

Notes
Fund Balance As Of 9-30-24: $86,000 Plus Reserve/Contingency $54,600
Estimated Fund Balance As Of 9-30-25: $86,000 Plus Reserve/Contingency (Estimated At $105,900)

DETAILED FINAL BUDGET
PALM BEACH PLANTATION 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	
O & M Assessments	167,821	163,668	166,902	Expenditures Less Interest/.96	
Debt Assessments	478,838	479,724	476,193	Bond Payments/.96	
Other Revenues	0	0	0		
Interest Income	8,477	600	1,200	Projected At $100 Per Month	
					
TOTAL REVENUES	$	655,136	$	643,992	$	644,295		
					
Discounts For Early Payments	(23,931)	(25,736)	(25,725)	Four Percent Of Total Assessment Roll	
					
TOTAL NET REVENUES	$	631,205	$	618,256	$	618,570		
					
EXPENDITURES					
Supervisor Fees	1,800	7,000	7,000	Supervisor Fees	
Payroll Taxes	156	560	560	Projected At 8 Percent Of Supervisor Fees	
Maintenance	5,000	7,500	7,500	No Change From 2024/2025 Budget	
Engineering/Inspections	0	10,000	10,000	No Change From 2024/2025 Budget	
Management	37,032	38,136	39,240	CPI Adjustment	
Secretarial	4,200	4,200	4,200	No Change From 2024/2025 Budget	
Legal	7,090	8,500	8,500	No Change From 2024/2025 Budget	
Assessment Roll	3,000	3,000	3,000	No Change From 2024/2025 Budget	
Audit Fees	3,400	3,500	3,600	Accepted Amount For 2024/2025 Audit	
Arbitrage Calculation Report Fee	650	650	650	No Change From 2024/2025 Budget	
Insurance	6,925	7,400	7,700	Fiscal Year 2024/2025 Expenditure Was For $7,202	
Legal Advertisements	1,612	1,200	1,500	$300 Increase From 2024/2025 Budget	
Miscellaneous	353	850	800	$50 Decrease From 2024/2025 Budget	
Postage	91	275	250	$25 Decrease From 2024/2025 Budget	
Office Supplies	259	625	600	$25 Decrease From 2024/2025 Budget	
Dues & Subscriptions	175	175	175	No Change From 2024/2025 Budget	
Trustee Fees	4,080	4,100	4,100	No Change From 2024/2025 Budget	
Website Management	1,250	1,250	1,250	No Change From 2024/2025 Budget	
Reserve/Contingency	0	51,300	53,300	Reserve/Contingency	
County Appraiser & Tax Collector Fee	7,403	7,500	7,500	County Appraiser & Tax Collector Fee	
					
TOTAL EXPENDITURES	$	84,476	$	157,721	$	161,425		
					
REVENUES LESS EXPENDITURES	$	546,729	$	460,535	$	457,145		
					
Bond Payments	(458,713)	(460,535)	(457,145)	2026 P & I Payments Less Earned Interest	
					
EXCESS/ (SHORTFALL)	$	88,016	$	-	$	-		
Notes
Fund Balance As Of 9-30-24: $86,000 Plus Reserve/Contingency $54,600
Estimated Fund Balance As Of 9-30-25: $86,000 Plus Reserve/Contingency (Estimated At $105,900)

DETAILED FINAL DEBT SERVICE FUND BUDGET
PALM BEACH PLANTATION 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	

Interest Income	
15,481	
400	
1,000	
Interest For FY 2025/2026	

NAV Tax Collection	
458,713	
460,535	
457,145	

2026 P & I Payments Less Earned Interest	
	
0	
0	
0		

Total Revenues	
$	474,194	
$	460,935	
$	458,145		

EXPENDITURES					

Principal Payments	
340,000	
345,000	
355,000	
Principal Payment Due In 2026	

Interest Payments	
135,930	
115,935	
103,145	
Interest Payments Due In 2026	

Total Expenditures	
$	475,930	
$	460,935	
$	458,145		

Excess/ (Shortfall)	
$	(1,736)	
$	-	
$	-		

Series 2014 Bond Refunding Information
Original Par Amount =	$5,940,000	Annual Principal Payments Due =	May 1st	
Interest Rate =	3.940%	Annual Interest Payments Due =	May 1st & November 1st	
Issue Date =	March 2014			
Maturity Date =

Par Amount As Of 1-1-25 =	May 2029

$3,115,000			

Principal Amount Due In May 2029: $1,655,000 ($405,000 - Regular Payment & $1,250,000 - Balloon Payment)

Palm Beach Plantation Community Development District Assessment Comparison

Fiscal Year	Fiscal Year	Fiscal Year	Fiscal Year	Fiscal Year	
2021/2022	2022/2023	2023/2024	2024/2025	2025/2026	
	Assessment*			Assessment*			Assessment*			Assessment*			Projected Assessment*		

O & M For Lot Size 45	
$	
206.46	
$	201.03	
$	278.21	
$	272.79	
$	
278.18	
Debt For Lot Size 45	$	760.94	 $	765.43	 $	760.62	 $	762.30	 $	756.68	
Total	$	967.40	$	966.46	$	1,038.83	$	1,035.09	$	1,034.86	
O & M For Lot Size 65+70	$	206.46	$	201.03	$	278.21	$	272.79	$	278.18	
Debt For Lot Size 65+70	$	845.15	 $	850.14	 $	847.89	 $	852.87	 $	846.60	
Total	$	1,051.61	$	1,051.17	$	1,126.10	$	1,125.66	$	1,124.78	

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

 Community Information:	

45 Foot Lots	326	
65/70 Foot Lots	274	
Total Units	600	

45 Foot Lots Information	

Total Units	326	
Prepayments	1	
Billed For Debt	325	

 65/70 Foot Lots Information	

Total Units	274	
Prepayments	2	
Billed For Debt	272	

RESOLUTION NO. 2025-04

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE PALM BEACH PLANTATION 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 Palm Beach Plantation 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 PALM BEACH PLANTATION COMMUNITY DEVELOPMENT DISTRICT, PALM BEACH 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 21st day of May, 2025.

ATTEST:	PALM BEACH PLANTATION COMMUNITY DEVELOPMENT DISTRICT

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

PALM BEACH PLANTATION COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2025/2026 REGULAR MEETING SCHEDULE
NOTICE IS HEREBY GIVEN that the Board of Supervisors of the Palm Beach Plantation Community Development District will hold Regular Meetings for Fiscal Year 2025/2026 at 4:00
p.m. at the Palm Beach Plantation Clubhouse located at 8751 Palm Beach Plantation Boulevard, Royal Palm Beach, Florida 33411, on:

October 15, 2025
November 19, 2025
December 17, 2025
January 21, 2026
February 18, 2026
March 18, 2026
April 15, 2026
May 20, 2026
June 17, 2026
July 15, 2026
August 19, 2026
September 16, 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 agendas for any of the meetings may be obtained on the District’s website or by contacting the District Manager at (561) 630-4922 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 will be present at the meeting location so that Supervisors may be fully informed of the discussions taking place. 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 (561) 630-4922 and/or toll free 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.

PALM BEACH PLANTATION COMMUNITY DEVELOPMENT DISTRICT

www.palmbeachplantationcdd.org PUBLISH: PALM BEACH POST

Palm Beach Plantation Community Development District
Budget vs. Actual
October 2024 through April 2025

Oct 24 - Apr 25	24/25 Budget	$ Over Budget	% of Budget
			
Ordinary Income/Expense Income
363.100	O & M Assessments	160,832.70		163,668.00		-2,835.30		98.27%	
363.810	Debt Assessments	469,384.17		479,724.00		-10,339.83		97.85%	
363.820	Debt Assessment-Paid To Trustee	-447,918.88		-460,535.00		12,616.12		97.26%	
363.831	Discounts For Early Payments	-24,087.27		-25,736.00		1,648.73		93.59%	
369.401	Interest Income	4,606.66		600.00		4,006.66		767.78%	
Total Income		162,817.38		157,721.00		5,096.38		103.23%	
Expense									
511.122	Payroll Expense	184.61		560.00		-375.39		32.97%	
511.131	Supervisor Fee	1,000.00		7,000.00		-6,000.00		14.29%	
511.305	Maintenance/Contingency	0.00		7,500.00		-7,500.00		0.0%	
511.310	Engineering	0.00		10,000.00		-10,000.00		0.0%	
511.311	Management Fees	22,246.00		38,136.00		-15,890.00		58.33%	
511.312	Secretarial Fees	2,450.00		4,200.00		-1,750.00		58.33%	
511.315	Legal Fees	3,827.50		8,500.00		-4,672.50		45.03%	
511.318	Assessment/Tax Roll	0.00		3,000.00		-3,000.00		0.0%	
511.320	Audit Fees	0.00		3,500.00		-3,500.00		0.0%	
511.330	Arbitrage Calculation Rprt Fee	0.00		650.00		-650.00		0.0%	
511.450	Insurance	7,202.00		7,400.00		-198.00		97.32%	
511.480	Legal Advertisements	0.00		1,200.00		-1,200.00		0.0%	
511.512	Miscellaneous	127.46		850.00		-722.54		15.0%	
511.513	Postage and Delivery	2.76		275.00		-272.24		1.0%	
511.514	Office Supplies	112.00		625.00		-513.00		17.92%	
511.515	Website Management Fees	729.19		1,250.00		-520.81		58.34%	
511.540	Dues, License & Subscriptions	175.00		175.00		0.00		100.0%	
511.732	Reserve/Contingency	0.00		51,300.00		-51,300.00		0.0%	
511.733	Trustee Fees	4,079.63		4,100.00		-20.37		99.5%	
511.735	County Appraiser & Tax Coll Fee	7,324.89		7,500.00		-175.11		97.67%	
Total Expense	49,461.04		157,721.00		-108,259.96		31.36%	
1et Ordinary Income	113,356.34		0.00		113,356.34		100.0%	
1et Income	113,356.34		0.00		113,356.34		100.0%	

Bank Balance As Of 4/30/25	$	278,265.22	
Accounts Payable As Of 4/30/25	$	24,008.23	
Accounts Receivable As Of 4/30/25	$	-	
Reserve/Contingency Funds As Of 4/30/25	$	54,600.00	
Total Fund Balance As Of 4/30/25	$	199,656.99